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Friday, 22 November 2019

Major milestones for an trader: 1) The first time you put your money on the line 2) The day you accept that you don't know what you're doing 3) The day you breakeven 4) When you become consistently profitable 5) When you start helping others who are at step 1
What you need to be doing before 30: 1. Focus on yourself. 2. Begin investing. 3. Have an open mind. 4. Try new things. 5. Form your own beliefs. 6. Ask great questions. 7. Travel for perspective. 8. Learn financial education.
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If someone was serious about something, they would not wait for tomorrow or next week or month, and they would definitely not wait for 1st January. If you postpone something, you've revealed your priorities. There's a reason why 99% of new year resolutions last only 2 weeks.
Democracy Index 2018: 1.
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Norway: 9.87 (Score) 2.
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Iceland: 9.58 3.
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Sweden: 9.39 4.
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New Zealand: 9.26 5.
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Denmark: 9.22 =6.
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Ireland: 9.15 =6.
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Canada: 9.15 8.
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Finland: 9.14 9.
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Australia: 9.09 10.
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Switzerland: 9.03 (The Economist Intelligence Unit, 2019)
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If you just got into trading, don't make it your full-time gig right from the get-go. Since you're learning, the first years are emotionally and financially taxing. Learn to do trade well first, and then transition.