My Surprising Medium Earnings From January 2024
Medium continues to amaze me, earning an income from unloading your thoughts
January was another surprising month for me on Medium.
More notably as I ‘niched’ down and declared I would be focusing on Day Trading articles in 2024 and these did particularly well.
As I head towards a total of 200 published articles since May 2023 I look back and think about what I have learned since joining Medium.
What works?
What doesn’t work?
How to improve?
How to reach more people?
It all comes down to one thing.
Write better stories and be more personal.
Day Trading is very technical so a lot of my earlier articles were on ideas and theories and they were very well structured and ‘well written’ from an educational point of view.
The story that performed best though was a personal experience.
This is the story I have earned most money on
This article really took off and ended up with more than 1.5k reads which for me was unbelievable.
This got me thinking.
Stop writing technical, how to guides that people can get online which are written far better and from more experienced people.
Write stories about my experiences as a part-time day trader. As someone who works in finance. As someone who runs a business. As someone who just enjoys living.
This kind of thing, from my analysis works best.
Now on to the good stuff, the numbers.
Whilst January represented a drop in income, if I take my ‘viral story’ I posted above and remove those earnings or at least taper them.
I would have grown every month since August.
I would have had around $40 in December and $47.40 in January.
This would have been a steady and sustainable growth and something to inspire me and keep me writing.
I reckon that come February I will have posted over 200 articles.
Made over $200 and have around 500 followers which is incredible.
Output
In January I posted 36 articles.
34 were to publishers all listed below
About 90% of the articles were on Day Trading.
1 article got rejected AND called out for using AI. This was painful.
In the beginning I used to use ChatGPT to outline an article, come up with subheadings but this article in particular was about 4 Cryptocurrencies to trade and 4 to avoid.
I was then removed from the publication, which I’ll not name out of respect.
I reached out to explain but never got a response.
This has also inspired me to create my own publication which I will be doing in March and look forward to publishing my own writing on my own terms.
Don’t get me wrong.
Publications are the way to go. Particularly in the beginning and the 5 I have listed above are incredible.
The plan for February 2024
Keep writing about Day Trading and some other topics but focus mainly on what I know.
I plan to apply to 3 other publications and try get at least 5 articles out per week.
I’m no longer batching.
I write 1 or sometimes 2 each morning.
The technical day trading articles need a bit of time and research so they sometimes take a bit longer.
Then hopefully start my own publication come the 1st of March 2024.
Thank you for reading
Hi! Nice to meet you! I’m Adam. Currently, I’m working as an Accountant and have been Day Trading for over 6 years.
My two passions are Learning and Day Trading, so I take every opportunity to talk or write about both.
Want to connect?
I wish you the best in whatever you decide to do next.
