How traders can make money, a quick thread below (I've been around for long) 👇🏼
#nifty #banknifty #sensex #finnifty
• Sell trading calls/tips/alerts - you have to pay for continued access. Using WhatsApp/Telegram/Slack/Newsletter/Twitter (soon maybe)
• Sell indicators (at least they created something) - you either have to pay for continued access or if it's a one-time buy, it will be expensive because it will make life 'easier'.
̐• Sell workshops - you have to pay for 'knowledge', because 'education/knowledge' is power.
• Sell membership / mentorship - you have to pay for 'experience' because 'knowledge' is not enough and
they're exchanging time for money and you would lose more money if you did it by yourself.
• Sell blueprints / books - you have to pay for this once, but you don't have a 1-to-1 to ask questions/clear doubts.
• Sell community - you have to pay for access to a community/club/mastermind of traders because everyone comes for the (user generate) content, but stays for the community (friends).
• Sell affiliate - you have to pay for something anyways, so allow the trader to make 'small' commission from your referral. Could lead to conflict of interest, if the product is not used personally.
• Sell sponsorship - you don't have to pay anything, because its sponsored/paid advertisement - this is the most conflicted IMHO, but no one cares, because hey it's FREE!
That's a wrap. If I've missed anything, please do comment. Will be great to create an awareness.
Jose Paul Martin
@jpmartin
JOSE | ജോസ് | जोस • partner @ encapita.com • publisher @ zencapita.com • thinker @ jpmartin.com & Returned NRI