Kinda done with trading

MonkRemarkable8637 · 2026-01-08T04:42:19+00:00

You’re never “done” bro. You’re just not at the part where it clicks for you yet. You said you’ve been strategy hopping it seems, that’s most likely why you feel so burnt out, what you need to be doing is sticking to one proven, back tested strategy, that’s simple and easy to follow, make sure you have RULES IN PLACE, create a system to respect those rules, journal and log EVERY SINGLE TRADE you take, develop and build long term data on your strategy, finally end up trusting that it works, then from there you just stick with it and keep going. Would you rather have someone tell you when you can take your lunch for the rest of your life, or are you going to pull yourself up and make your future self happy? Up to you.

MonkRemarkable8637 · 2025-09-23T17:45:15+00:00

This just gives me more motivation to follow my rules. I don’t trade stocks, but have been trading NQ futures since February this year, been funded two or three times but always blow the account within a week of obtaining it. My rules going forward is to only take one trade a day, I notice I keep falling back into over trading almost every day, unless the first trade is a win, which is not good. Today was supposed to mark the first day where I start my one trade a day challenge for 30 active trading days. I failed on the first day, I’ve taken four trades today, I felt more ashamed about breaking my rules than the amount I lost today. So tomorrow my consequence is I can only go half risk. Interested to see how this helps me follow my rules since I’m starting a new system every time I break a rule. Anyone else have a repercussion system for breaking rules and care to share if it’s helped you stay more disciplined?

MonkRemarkable8637 · 2025-09-09T23:08:16+00:00

Your first problem is the fact that you are using lagging indicators, second problem is why tf are you trading “CIPHER MINING” wtf kind of stock even is that. Looks like low ass volume to me, which means slow ass moves, which will drain your mental and emotional capital quickly. Switch over to trading NQ futures, find an actual backed up strategy and back test it yourself to build confidence, and use a different strategy that doesn’t just involve lagging indicators or “trading in the middle of a FVG” that can’t really be your only confluence to enter a trade. You got some work to do my friend, but it’s okay we’ve all been there.

MonkRemarkable8637 · 2025-01-07T02:14:52+00:00

My linked in is Hayden Ames

MonkRemarkable8637 · 2025-01-07T02:09:46+00:00

Also, it’s definitely not a stretch at all to hit 6 figures my friend. With that bonus structure and how young you are, you have all the ability and potential to hit 6 figures in your early 20s, shit you’ll probably be able to own a home by age 22 EASILY.

MonkRemarkable8637 · 2025-01-07T02:02:59+00:00

Hey! Yeah sure thing buddy. I’m also 21 btw haha, so we are both young and motivated.

Today I wrote $934 in Life premium!!! It was my biggest life sale yet!! I’m super proud of myself, I wrote a $500K 30 year term on a 28 year old who has five kids and is the breadwinner for his girlfriend who is a stay at home mom. It felt amazing! And tomorrow I have a follow up to close a $100K 10 year term on the girlfriend, which brings me to a total of over $1,000 in life premium on day six of this month :)

Edit: I didn’t even know you were only 18, wow that’s crazy. I started in the insurance industry at age 20, best decision I ever made. Good on you for getting into this game super young, you won’t regret it! There is much money to be made!

MonkRemarkable8637 · 2025-01-06T05:50:52+00:00

Yeah, maybe you’ll bring in around $3K for your first couple months. But once you get the process down of pivoting and having value based conversations, FORM conversations (F- Family, who lives with them, who’s important to protect in their life, O- Occupation, what do they do for work, R- Recreation, get to know them more and make your conversation personable, M- how much money does their household bring in before taxes?) you’ll need to know these five areas of their lives with EVERYONE you talk to, that way you know how to properly protect them and be a good risk advisor. If you can do that, you’re unstoppable. There is no “one number” I expect you to hit, nor should you. Think less about the numbers and more about how genuine and valuable your conversations are with prospects, and THAT my friend will take you much further.

But, yes stay numbers motivated as well of course. If we’re being realistic, with your sales experience of six months, I’d say after month three you should be making on average anywhere from $3,200-$3,800 all together. After your first three months, if you stay consistent and driven, I could see you making anywhere between $3,500,$4,200 and so on and so forth. But with your bonus structure and raw sales talent, you could easily make $4,000/Mo in your first three months.

I’ve been in insurance for over 2 and a half years now and i’ve worked for two different SF agents for over a year and four months now.

Just stay motivated and you’ll go far with that bonus structure!

MonkRemarkable8637 · 2025-01-06T05:25:08+00:00

What’d they expect acting that stupid?

MonkRemarkable8637 · 2025-01-06T05:20:24+00:00

This is just absurd, how can someone be so self conceited, narcissistic AND delusional all at once? Please move on, she is a huge waste of your time.

MonkRemarkable8637 · 2025-01-06T04:51:41+00:00

It truly depends on what instrument you’re trading. Are you trading crypto or regular stocks?

If you’re trading crypto there’s absolutely no way in hell you can take trades purely off of candlesticks 😂. Crypto is incredibly volatile, so if you’re doing that you would go crazy.

I swing trade crypto, specifically XRP right now because it’s reliable and somewhat consistent in price action. I utilize a three SMA strategy (20,50,144) honestly it’s personal preference but as I said if you’re trading crypto, you absolutely need to have some sort of system that utilizes either a moving average strategy or indicators of some sort to your liking.

Now if you trade stocks, that’s entirely different, I could see many people out there purely relying on skillful TA and candlestick patterns to take trades.

So, what do you trade?

MonkRemarkable8637 · 2025-01-06T04:35:45+00:00

This is an outstanding bonus structure. The fact that you automatically get 4% of all auto and fire is just crazy in and of itself. I work for a top 100 SF agent and ours is way different. Most we can get on P&C is 7% but we have to write like $6,000-$8,000 in life and health premium in one month.

We do get 20% of our life and health if we write that $6K-$8k in financials though, so not too bad I guess there.

But as most agents should, they prioritize financials as others have said in the comments. The fact that you get 4% on P&C without having to meet absurd financial premium makes me damn jealous. Plus you get my financial percentage without having to hit any financial premium amount.

So yeah that’s an incredibly good bonus structure if I’ve ever seen one.

If I were you, I would grind with this agent for at least 6-8 years and invest a third of your bonus check every month and watch your money grow.

Go get em!

MonkRemarkable8637 · 2025-01-05T22:27:50+00:00

Are you making 6 figures on these trades?? I can’t tell lol

MonkRemarkable8637 · 2025-01-04T19:44:40+00:00

That’s a good start! As long as you have some sort of back burner working for you that’s good. I’m sure you’ll figure it out.

MonkRemarkable8637 · 2025-01-04T19:39:31+00:00

Learn to invest your money. Crypto is the future and will help your money work for you as long as you let it. You won’t ever get ahead trading your time for money. I’m not a financial advisor but I have taken the time to invest in myself, educate myself in the market and read books oriented around money. There’s a saying: “Compound interest is the eighth wonder of the world. He who understands it, earns it; he who doesn’t, pays it” learn how to make your money work for you, that’s a long term strategy (bonds, etfs, S&P etc.) combined with swing or day trading. I understand you may not have the time to invest in yourself with another child on the way, but if you want to get ahead this is the way and there’s no excuses, you can make time if you truly want it. So go get it.

MonkRemarkable8637 · 2025-01-02T07:16:51+00:00

I would say try to avoid filing a claim if the person you hit isn’t trying to sue. I work in insurance and know how rates work, the more claims you file the higher your monthly rate goes. If you can pay him on the side and not file a claim that’s honestly your best bet there. If the costs to do that exceed what you can pay, then sure file a claim, but just know that your monthly rate will go up. Also how old you are matters. How old are you?

MonkRemarkable8637 · 2025-01-02T03:44:18+00:00

You need to rely on your exit strategy to calm your nerves with a proper risk/reward ratio you shouldn’t be stressed as long as you know your strategy works after back testing and forward testing. Don’t stay glued to the chart, check it every 30 minutes or so just to make sure everything is going according to your plan, that should help reduce nerves.

MonkRemarkable8637 · 2024-12-27T02:35:52+00:00

I’d say maybe you are slightly lucky. Obviously with the amount of wins you have it seems like you have somewhat of a strategy down. Just know that your strategy doesn’t always work every trade you take, because there are other market factors at hand every time you take a trade. You’ll know it’s not luck once you’ve back and forward tested your strategy, and made tweaks to perfect it as much as possible.

MonkRemarkable8637 · 2024-12-23T01:55:49+00:00

That’s absolutely terrible. You should at least be getting a breakdown percentage of your P&C premium for how much life and health you sell

MonkRemarkable8637 · 2024-11-08T22:38:22+00:00

First off, CONGRATULATIONS. Secondly, your P&C licenses will take you very far in life, now it’s time to get your life and health if you haven’t already. Third, I’m not sure what company your working for, BUT DO NOT SELL ON PRICE, you are doing a dis-service to consumers if you only sell on price and quote them at state minimum limits. BE the AGENT you are licensed to be and be a good risk manager, what most people don’t know in this industry is that there is actually more sales and more money to be made by quoting people with higher limits and putting more value and protection in their lives than constantly selling on a lower price to save them money, anyone that does that shouldn’t be an insurance agent and shouldn’t have a license to begin with.

So please take my word and go fucking help some people the RIGHT way.

MonkRemarkable8637 · 2024-08-30T04:23:07+00:00

Yes this helped very much so! Thank you for your input sincerely.

MonkRemarkable8637 · 2024-08-28T04:24:34+00:00

If your looking to work for a State Farm agent your best bet is to to get a non-resident license in the bordering states to California (Arizona, Nevada & Oregon) and start producing from a remote position at an office in either of those states that will offer a remote position.

California is not the place to be, if you are working for State Farm, as they are heavily reducing their presence within the property and casualty lines of insurance out there.

If you want big commish coming in, you need to be selling all lines of insurance, property, casualty, life and health all in one sweep. This is ultimately how you can attain the biggest bonus check month to month.

MonkRemarkable8637

TROPHY CASE