I got the email below and was curious if anyone knows which strategies were the ones to earn this much money?
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Some random guy on Long Island, New York earned $782,000 of extra money, trading at Collective2.
He’s just a regular trader. He doesn’t work at a hedge fund. I’ve spoken to him a couple times on the phone. Nice enough guy, but I wouldn’t call him a genius. (I mean no disrespect. He’s salt-of-the-earth, and would probably be the first person to agree with my assessment).
Here’s the important thing. He trades anyway, for his own personal account. So he figured: if I’m going to trade anyway, why not let people pay me to follow my trades? That’s why he joined Collective2 and became a Strategy Manager.
He enters his trades into Collective2, and people pay him a monthly subscription fee to follow along with his trading. It’s that simple. And so far he has earned $782,000 dollars from subscription revenue. Which is pretty good.
His experience is not typical… right?
Now look, his experience is not typical. Of course it’s not. He has earned more money than any other strategy manager. So maybe I’m cherry-picking, right? Okay, let’s go down the list of “Highest Earning Collective2 Strategy Managers” and see who’s next on the list.
#2 = $573,000 earned on Collective2
Okay. That’s pretty good, too. But maybe he’s also an outlier? Who’s #3?
#3 = $209,000 earned on Collective2
Hmm. What about #4?
#4 = $207,000 earned on Collective2
I think you get the idea. If you trade well on Collective2, and if you don’t act like a complete ass, and if you put in the time, and if you have a little good luck, you’ll earn nice money.
Is it enough to retire on? No, it’s not. Not yet. C2 probably doesn’t support that, at our current number of users.
But if you’re trading anyway, why wouldn’t you want to earn extra money by becoming a Strategy Manager?
Interested? Let’s go: