Main Idea Thread - The NEW R.I.C.H. Trader (formerly R.I.C.H. Crypto)

Product Discussion
#149

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#150

Can we keep it lightweight to run?
@SaintSovereign

#151

It’s supposed to be pretty light and easy to run from what I remmeber, I’ve seen a post by Saint somewhere.

1 Like
#152

Please help me understand: is current RICH Crypto and the updated RICH Trader are solely for (crypto) trading?

I’m currently interested in DeFi but not in trading. Am I better off running OG RICH for that, or RICH Crypto includes those things? And/or will RICH Trader include that?

#153

Current RICH Crypto is heavily focused on crypto but has some carry over to overall trading.

RICH trader has not been released yet, although its expected in the next 1-2 weeks. We are still uncertain what the features will be, all the suggestions are in this thread maybe you can infer based on that.

My expectation is that RICH trader will be about the trading skill overall and that should apply to DeFi well. Possibly there will be some Crypto specific scripting as its an upgrade to RICH crypto.

4 Likes
#154

Thank you!

#155

  • Prevent Strategy hopping , prevent Changing Investment vehicle often .

  • Not taking emotional decisions based on short term price fluctuations or listening to news etc . Bullet proof mindset and confidence in following one’s strategy .

  • creative Risk Management based on one’s Risk appetite .

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#156

  • Give importance to Compound Interest .

  • Stick to consistent investments no matter what the life throws at you , till Compound Interest starts to show its weight

#157

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4 Likes
#158

Divident portfolio should go in C&C, it’s more investment/position trading related.

#159

I disagree with your statement.
There are many different active dividend trading strategies.

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#160

True again, damn yeah I think I remember some people buying and selling strategically around dividend time to make money, which definitly qualify in trading.

I guess the quote got me there as it looks like someone who builds a dividend portfolio would say, or at least from what I’ve read. Not necessarly someone who actively trades an active strategy around dividends. It got me confused.

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#161

Will RICH Trader be useful or helpful for non-trading careers? Like Real Estate Wholesaling (which I am doing)? Just curious if real estate is in the scripting of this sub or not.

#162

I think E:CC will be a better fit for real-estate (or any of the other wealth titles).

I don’t think R:Trader is necessarily bad for real-estate, but I do not think it contains it. Any general scripting will likely be beneficial to RE, but I doubt there’ll be specific scripting for it.

My guess is that R:Trader is focused on the financial markets.

5 Likes
#163

That’s what I thought but it never hurts to ask. :wink:. Thanks!

#164

I have no idea how done the script is and if there is still improvement to be made.

But seeing the new tech implemented in C&C (adaptative scripting), why not crank up Rich Trader and add elements of Hero St2 and 3, which would be very powerful for emotionnal management. Especially st2 is very powerful.

Beyond Limitless scripting also is powerful.

1 Like
#165

Stop grinding. Start governing. Build what endures when the noise fades. Think strategically. Move deliberately. Compound ruthlessly. For builders of kingdoms that last. Welcome to Emperor: Crown & Capital.

Now available.

Now that Emperor C&C is here, does that change anyone’s suggestions with RICH Trader?

3 Likes
#166

(post deleted by author)

#167

It be awesome RICH Trader was as streamlined/focused as possible. It’s great that ECC is feature rich, but stacking with other subs will make it increasingly dense.

An emphasis on manifesting winning trades, manifesting money, and discipline. That sort of simplicity would be perfect.

#168

Considering RICH Trader was mentioned in the copy of C&C its probably safe to assume it will be the next release… Hopefully.