I asked ChatGPT for a trading strategy. I made an almost 20,000% profit,
Apr 12, 2023The article discusses a trading strategy to turn $100 into $10,000 quickly by using an AI-based trading view indicator called “Machine Learning.” The strategy includes three free trading view tools, namely, the Machine Learning K-Nearest Neighbor (KNN), Exponential Moving Averages (EMA) Ribbon, and Relative Strength Index (RSI). The KNN strategy works by analyzing historical market data and predicting the direction of future price movements based on patterns in the data. The EMA ribbon is used to identify the direction and strength of a trend in the market, while the RSI is used to measure the strength of a securities price action. The strategy requires the price to be closed above the 200 EMA and the ribbon to be above the 200 EMA and be green. The price must pull back into the ribbon without closing below the long-term EMA. The machine learning strategy must print a blue label, and the RSI must be oversold before the buy signal. Once these conditions are met, the trader can open a long trade, set the stop loss below the recent swing low, and target two times the risk. The stop loss should be adjusted to the break-even price once a quarter of the profit has been made. The strategy has been tested on Ethereum's price on a three-minute time frame.
7 Ways To Make $10,000/Month In 2023
Apr 13, 2023The article/video titled "7 Ways To Make $10,000/Month In 2023" discusses different business models that can help one achieve a $10k monthly income in 2023. The first model mentioned is dropshipping, which involves free traffic sources like TikTok and YouTube shorts to validate products. The most important factor is product selection and finding the right product at the right time. The article suggests constantly changing products to avoid wasting money on ads. The second method is high ticket sales, which can be lucrative for natural salespeople. There are different types of sales roles, and salespeople can work from anywhere. The third method is creating a YouTube channel, which requires a good strategy to make interesting and engaging content. Understanding the cost per mile (CPM) is also essential as some industries pay more than others. The fourth model discussed is affiliate marketing, where one can earn a commission by promoting other people's products. The fifth method is social media marketing, which involves managing social media accounts and helping businesses grow their audience. The sixth method is selling digital products, which can include e-books, courses, or software. Finally, the seventh model is creating a coaching or consulting business, which involves offering advice or services to help people solve a specific problem. The article concludes by encouraging readers to choose a business model based on their skills and interests and to constantly learn and improve their skills to succeed.
Ben Mallah, the $250,000,000 man
Apr 17, 2023Ben Mallah is a successful real estate mogul who owns over $250 million worth of property, including shopping centers and apartment buildings. He is a high school dropout from Queens, New York, who grew up in a tough area surrounded by criminals and a crazy mother. However, despite this difficult start to life, he has become a self-made millionaire, and he attributes his success to hard work and thinking smart. He started out in real estate after working for someone else in the business and realizing the opportunity it offered. When buying property, he may not offer as much money as other buyers, but he gives the seller a hard, non-refundable deposit, and he closes the deal quickly, which gives him the edge. Mallah has also diversified his income streams by manufacturing pool tables shaped like cars, including Corvettes and Camaros, which are popular among wealthy Arabs in Dubai. Mallah's first property purchase was a no-money-down deal through a VA loan, and he recalls buying dilapidated houses that no one else wanted for $20k or $30k. He advises that to be successful in real estate, you have to fully immerse yourself in it, work long hours, and go where others won't go. He also cautions that you have to be willing to cross the line in life and sometimes neglect your personal life to succeed. Mallah is a true self-made success story who proves that anything is possible if you work hard and think smart.
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