“Essential Services” refers to those services that are important to the health and well being of people and therefore are needed and or essential to keep maintained, even in a disaster such as the current coronavirus pandemic.
Health Care, Law Enforcement, First Responders, Finance, Grocery Stores, and many more industries are considered essential services and those people who work within these industries are referred to as “essential workers”.
Restaurants, movie theaters, hospitality, sporting events, concerts, small retail shops and many more are considered Non-Essential Services and the people who work within these industries are referred to as “non-essential workers”. These services have not been kept open during the current covid-19 pandemic and these people have suffered great economic hardship.
If you currently work in essential services, thank you and congratulations, you have a massive economic advantage over other people right now. Over 30 million people have filed unemployment claims in the USA in the last six weeks. That represents almost 25% of the entire workforce within the US. In fairness very few job sectors have escaped the economic destruction this pandemic and subsequent lockdown or quarantine has caused and unfortunately may continue to cause.
The good news is we live in a day and age where anyone can make money in a number or ways, most of which requires little to no start-up capital, a computer, internet connection and a willingness to “make it happen”.
Learn to Trade Stocks and Options
Do not let the media scare you, the stock market has been on a historic uptrend since the 2008 financial crisis. (see chart below.)
There is no doubt that the current coronavirus pandemic has hurt that massive 11 year “bull run” however this pull back is creating massive opportunity for investors. Whether you rode the wave from 2008 all the way to market highs at the beginning of 2020 or you are looking to begin investing there is no denying the huge opportunity presenting itself, right now. You don’t need to be Warren Buffett to understand that companies like Disney, Boeing and others are at a major discount and will not be there for long.
Getting a proper education is key in anything you do and this thought process goes triple for learning to trade stocks. If you google “learn to trade stocks” or “how to invest” you will immediately notice that there are 100’s if not 1000’s of gurus, softwares, secrets and shortcuts and free videos on YouTube most of which promise to make you millions of dollars virtually overnight from trading stocks and options.
You could quickly begin to feel overwhelmed with the amount of information being presented to you. It’s important to find an educational service that simply put can help you learn, trade and profit.
True Trading Group is an online community of traders of all skill levels run by a handpicked group of highly experienced traders and led by former award-winning hedge fund trader Michael Edward Perinotti aka Michael Edward. Michael promotes the importance of learning a true trading education as well as the importance of mentorship.
On their website it states “True Trading Group is a community of traders with an emphasis on education and interaction. Rather than one trader calling out buys and sells, TTG has a team of head traders calling out profitable setups and guiding members through trade execution. Rather than being limited to one person’s watch list, TTG’s head traders identify opportunities in everything from stocks, commodities, options, and more.”
The True Trading Group website also addresses the question of, is there a chance of losing money & their response is: “Yes. No one will ever make money 100% of the time. It’s just not possible. You will endure some losing trades. But dealing with the losers and minimizing the loss incurred is what separates a good trader from a great trader. You must be mentally prepared to at some point take a loss. It’s part of trading.”