002-ict-tw-spaces-20220605-original
Last modified by Drunk Monkey on 2022-12-29 08:24
Outline
00:58 - Non-farm payroll action this week.
03:23 - If you don't find it, don't force it. You don't insist upon taking a trade.
10:00 - How he used to get up early on Saturdays.
16:14 - The struggles that lit a fire under his ass.
20:09 - Don’t take life advice from people who have a lot of drama in their life.
26:39 - He went on so many interviews and he never got an interview.
32:50 - Glenn talks about the day he decided to leave the vending business.
36:05 - You are not meant to be where you are right now because you were supposed to find me.
41:17 - When I started talking in 2016 about what was coming, I got laughed at, and then I said it again.
46:58 - If it’s easy, you’re doing something that isn’t sustainable.
53:17 - The importance of having a mentor -.
55:45 - Is your father posting your statements and how does he have access to your statements?
01:01:51 - I am literally teaching you bias.
01:07:10 - My son’s father is a contract murderer.
01:10:44 - My son’s father was a murderer.
01:17:40 - Being wrong doesn’t end your career -.
01:23:22 - Why do you want to go out and prove yourself?
Transcription
| 1 | 00:00:57,780 --> 00:01:17,430 | ICT: You all should be hearing me just about now. I know my neighbors. Alright, so we are going to hang out for a little bit. Just Jawbone little bit here. One |
| 2 | 00:01:17,430 --> 00:01:24,750 | second. My car likes to yell at me for not putting my seatbelt on in that regard. |
| 3 | 00:01:33,240 --> 00:01:43,410 | For this one, I guess I'll have to wear it because it'll chime and chime in chime for a minute before it turns off. All right. So this week, we had some Non |
| 4 | 00:01:43,410 --> 00:01:53,280 | Farm Payroll action. In case you're wondering if you don't want to be sitting through this, that it should be recorded. So that way, you guys know that. I sit |
| 5 | 00:01:53,280 --> 00:02:06,330 | here and listen to this, you can come back to it later on assuming. So one of the things that come up a lot is why do I stay away from trading on Thursday and |
| 6 | 00:02:06,330 --> 00:02:17,730 | Friday, or even the afternoon session on Wednesdays on the first week of each month. And it's only to do with the inconsistencies with the market symmetry, |
| 7 | 00:02:17,820 --> 00:02:30,570 | and the things that I call a signature and price action, they will come in and out. They'll be hit and miss type setups. I've learned over the years that it's |
| 8 | 00:02:30,570 --> 00:02:39,750 | better for me not to take these trading days with live money because the probabilities are much, much lower than they are when they're not on those |
| 9 | 00:02:39,750 --> 00:02:53,010 | particular days. And that's not the same as like a FOMC, like FOMC day, I can sometimes do go in after the FOMC announcement because it's created volatility, |
| 10 | 00:02:53,010 --> 00:03:04,620 | but ahead of the FOMC. I won't, I won't be in front of that. Because it's basically a gamble. You don't know what they're gonna do. For nonfarm payroll, |
| 11 | 00:03:05,190 --> 00:03:14,070 | the elements about that week, and what you've learned, hopefully, this week was the beginning of the week, this is what I teach my students that Monday, |
| 12 | 00:03:14,070 --> 00:03:23,010 | Tuesday, is kind of like your honey pot, you want to go into the market looking for your setups there. And if you don't find it, but to force it, you don't |
| 13 | 00:03:24,180 --> 00:03:34,530 | insist upon taking a trade. But if it presents it, you try to take it then. And then at the New York session on Wednesday, that's like your cut off time. It's |
| 14 | 00:03:34,530 --> 00:03:44,700 | closing time, you know, if you want to go in after that, just know that you're gambling, you're not doing what I've taught you. And high fiving me and putting |
| 15 | 00:03:44,700 --> 00:03:54,210 | up your trades and tweeting to me saying yeah, thanks ICT, me for that, because I told you not to do it. You made money that's on you. You know, if you'd lost |
| 16 | 00:03:54,210 --> 00:04:03,120 | money, guess what? That's on YouTube. But I, I see a lot of folks that will post Hey, what do you think about this? What do you think about that? And apparently |
| 17 | 00:04:03,120 --> 00:04:12,480 | they're not listening? Because here's what I think. On Thursday and Friday, you shouldn't have been trading. That's what I think. And what do you do on those |
| 18 | 00:04:12,480 --> 00:04:21,990 | days? Basically, your students, okay, you're learning. And if you've been trading for a while, if you're listening to me, you are student, okay, you're |
| 19 | 00:04:21,990 --> 00:04:30,840 | learning what it is that I did, whether you're going to use it or not your student, so you don't want to be doing the things that I'm telling you not to |
| 20 | 00:04:30,840 --> 00:04:39,360 | do. Because if you do that, you're wasting your time under my tutelage. You're not going to you're not going to benefit from it. Apparently, some people like |
| 21 | 00:04:39,360 --> 00:04:47,730 | to come and they'll say, hey, look, you know, ICT says don't do this, but I made money over here. Okay, that's fine. But when it rains, it rains on everybody. |
| 22 | 00:04:47,940 --> 00:04:56,550 | Okay, that doesn't mean that you did something right that day. It just means that is you know, when I first started making money years ago, back in the 90s, |
| 23 | 00:04:56,730 --> 00:05:08,580 | I had nine months of sheer luck. By luck, folks, and it's not painful for me to say now it was painful at the time to admit to myself that I wasn't as good as I |
| 24 | 00:05:08,580 --> 00:05:21,330 | thought it was, like I thought that books that I purchased, and VCR tapes and CDs and everything else when I see these, but DVDs are coming up then. And I |
| 25 | 00:05:21,330 --> 00:05:30,660 | thought that that logic was building me into a juggernaut. And well, the only thing that was a juggernaut is how fast I blew the accounts. Because once once |
| 26 | 00:05:30,660 --> 00:05:38,130 | the market started going into a traders environment where everything stopped going parabolically, one direction up, I discovered that I didn't know how to |
| 27 | 00:05:38,130 --> 00:05:49,380 | trade. And that was very painful. To watch me blow not one, not two, not three, not four, but five accounts, five accounts in one year, in the 90s. Trying to |
| 28 | 00:05:49,380 --> 00:06:01,440 | force what I thought the books were working for me initially with and it's, it's a terrible experience. But when I tell you these things, what to avoid, what not |
| 29 | 00:06:01,440 --> 00:06:09,750 | to be doing. And then I see folks going out and doing the very thing I tell you not to do. And the worst thing that can happen is for you to find short term |
| 30 | 00:06:09,750 --> 00:06:22,770 | success doing the things I tell you not to do. That's exactly the equivalent of what I was doing for nine months in 1993. And it was not skill. That was luck. |
| 31 | 00:06:23,610 --> 00:06:32,490 | And you were lucky if you made money on Thursday, you were lucky on Friday, if you made money. Now that the dust has settled, it's Saturday. |
| 32 | 00:06:34,050 --> 00:06:46,590 | If you look at the five minute price action on the E Mini s&p, I don't have a chart in front of me, but I know what it looked like. It was very boring, very |
| 33 | 00:06:46,590 --> 00:06:59,460 | sloppy. Yes, there was a setup. Yes, there was a few little tiny little scalps. But if you were in there looking for a particular run, that would be framed with |
| 34 | 00:06:59,460 --> 00:07:08,190 | a larger degree of probability, not something just on a one minute basis. And when I'm looking at trades, I'm gonna be all over the place so that way, you |
| 35 | 00:07:08,190 --> 00:07:15,420 | know, I'm, it's probably going to be difficult for some of you guys are sticklers about wanting to just stay on one topic, I'm not gonna be able to stay |
| 36 | 00:07:15,420 --> 00:07:25,320 | on the topic, because I'm literally speaking as my mind goes. So this is what it's like to be in my head. I mean, not completely close a topic. And if I don't |
| 37 | 00:07:25,590 --> 00:07:34,560 | add up on something, obviously, just tweet it to me in response to this post, or this recording. And and I'll address it if it's something that's noteworthy, if |
| 38 | 00:07:34,560 --> 00:07:42,390 | it's something that's already been mentioned in other videos or things and I'll pretty much just like your comment saying I read it, but doesn't mean that I'm |
| 39 | 00:07:42,390 --> 00:07:53,010 | going to answer because I've already answered it somewhere else. But when I see folks posting that, hey, you know, thanks ICT made this much money on Thursday |
| 40 | 00:07:53,010 --> 00:08:01,770 | or Friday of Non Farm Payroll week. I'm not gonna, I'm not gonna high five that not because I'm ignoring you not because I'm trying to be ignorant, but I'm |
| 41 | 00:08:01,770 --> 00:08:10,500 | trying to show you that you're doing the opposite of what I'm telling you to do. And some of you just simply want to have those war scars. Like you want to be |
| 42 | 00:08:10,500 --> 00:08:19,920 | able to go through what I went through, or anybody else that blows accounts. And you know, I got the more scars to prove, I earned my stripes. If I could go back |
| 43 | 00:08:19,920 --> 00:08:28,410 | in time, and I could have someone like what I'm trying to do, I'm doing my best to be the very thing that I was wanting to be, or not wanting to be but wanting |
| 44 | 00:08:28,410 --> 00:08:38,730 | to learn from someone that had the experience, had gone through the pain, suffered, lost real money, and then found a way to make money. That's somebody |
| 45 | 00:08:38,730 --> 00:08:48,840 | that I would have completely subscribed to absolutely took everything they would have said to heart. And that's my motivation in doing all this stuff. Because if |
| 46 | 00:08:48,840 --> 00:09:02,310 | I can see if one of you put yourself through what I put myself through, then it's a success for me. But it's almost like a confessional too, because a lot of |
| 47 | 00:09:02,310 --> 00:09:14,340 | you look up to me as like the superhero kind of guy. And you view me as something that I'm not. I'm not like what many of you attribute characteristics. |
| 48 | 00:09:14,820 --> 00:09:29,220 | Like it's undeserved. I'm an average little person, okay, I'm not really a big deal. I came from a small town. And I was fortunate to find my way in certain |
| 49 | 00:09:29,220 --> 00:09:40,590 | circumstances, certain chance meetings, and I've been blessed by a really big God. And that's who's behind me that's that's where I get the tenacity to stay |
| 50 | 00:09:40,590 --> 00:09:48,270 | with it. That's who kept me going when I didn't have an ICT encouraging me. It would have been great for me to have somebody to sit down like this. And kind of |
| 51 | 00:09:48,270 --> 00:09:59,580 | like, just talk, just talk to me be a friend. Be someone to encourage me because I was in tears just about every other day. Back in the 90s. I was so frustrated. |
| 52 | 00:10:00,930 --> 00:10:11,190 | I used to work. And I'm thinking about it right now as I'm driving. On Saturdays, I'll get up real early. And I used to do a vending route for a guy |
| 53 | 00:10:11,190 --> 00:10:25,890 | out in the wings, Mills, Maryland. And I didn't make very much money. And you've all heard this story before, but I had to go service a nursing home on the road, |
| 54 | 00:10:26,760 --> 00:10:36,360 | it'll come to me, Fayette street downtown in Baltimore. Not a really good neighborhood. And I was always wondering if I was gonna get robbed. But I never |
| 55 | 00:10:36,360 --> 00:10:58,050 | did. But I spent five hours of my Saturday as a young man just turning 20 years old, freshly divorced. And I would waste five hours on my Saturday, servicing |
| 56 | 00:10:58,050 --> 00:11:07,830 | one account. And I would hate my life. Like I hated it. I hated the fact that I knew my friends. And my family. Were home. Like probably all right now some of |
| 57 | 00:11:07,830 --> 00:11:22,410 | you are probably working some of you're listening at your job. You're cheating your boss. But I hated my life on these days. So every Saturday, I go out and I |
| 58 | 00:11:22,410 --> 00:11:28,680 | take a drive. Now cycle through both of my quarterbacks because I got to keep them moving and keep the battery life on because I don't put a lot of miles on |
| 59 | 00:11:28,680 --> 00:11:29,010 | them. But |
| 60 | 00:11:30,810 --> 00:11:41,640 | I'm thinking out loud, like I usually do on Saturdays where I reflect on when I was younger man before I knew what I know now. And I was only making $315 a week |
| 61 | 00:11:43,260 --> 00:11:52,260 | 50 of it was paid in under the table and cash for servicing that Saturday account. It would take me five hours to get up, drive out to Owings Mills, from |
| 62 | 00:11:52,260 --> 00:12:01,380 | where I lived, pick the truck up, load up the things I need to put in vending machines and go service it drive down to Fayette Street, then drive back up to |
| 63 | 00:12:01,380 --> 00:12:09,840 | Owings Mills, fill the truck up, do the whole thing. And whole time. I'm looking at the clock thinking I'm never gonna be able to see my girlfriend on time. |
| 64 | 00:12:10,020 --> 00:12:18,720 | She's gonna be upset in the whole thing. Everyone a young guys that are thinking all the time. That was me, I did the same stuff. But while I was working, and |
| 65 | 00:12:18,720 --> 00:12:27,570 | while I was driving to and from, I was looking for a way that I can come out of that. And I wanted to start my own vending business. Like I was going to cut |
| 66 | 00:12:27,570 --> 00:12:34,860 | throat the guy I was working with. Because he was under painting. He took advantage of me because his view was and this is what happened. I was sitting in |
| 67 | 00:12:36,450 --> 00:12:46,230 | the back of the warehouse after one of my route days. And the guy's father who really owned the business came in. And real, real sneaky, Jewish man. Not that |
| 68 | 00:12:46,290 --> 00:12:55,320 | there's anything against Jews or anything like that. But this guy was a hardliner. Just, you know, if you're not Jewish, and you're nobody. And he said |
| 69 | 00:12:55,320 --> 00:13:02,970 | that, where's that young guy? Yeah, where do you where do you find him at? Because I was always wanting to learn how to fix the machines. Like I wanted to |
| 70 | 00:13:02,970 --> 00:13:11,910 | do everything because my intentions were I'm going to make my own vending business. I didn't want to be an employee. I knew that when I was younger. But I |
| 71 | 00:13:11,910 --> 00:13:20,670 | heard him say, where do you where do you get him from? And he's like, he applied. And he was the one that kept calling him wanting a job. So and he comes |
| 72 | 00:13:20,670 --> 00:13:30,930 | he never misses a day. never misses a day. He's like, he looks like he's from Essex, Maryland. He goes he is he is he uh, you got to watch this guy's from |
| 73 | 00:13:30,930 --> 00:13:46,560 | Essex. I literally wanted to crawl under a rock at that time, and that that day, struck a fire under my ass. I was like You son of a bitch. Let me tell you what |
| 74 | 00:13:46,740 --> 00:13:53,430 | money making is all about. I'm going to find a way. And I'm going to I'm going to come back here and I'm going to show you sons of bitches. What real money is. |
| 75 | 00:13:55,680 --> 00:14:05,940 | I crept underneath the dock door. So that way they wouldn't hear me. Because I think at the time Glenn who was the boss, the manager, the son of the owner, his |
| 76 | 00:14:05,940 --> 00:14:18,330 | dad Marty. He he said something that day that literally got under my skin and I was like, Who the hell do you think you are? Now? Let me paint a picture for |
| 77 | 00:14:18,330 --> 00:14:30,030 | you. This guy. He owned a lot of Section Eight real estate down in Baltimore. Made $30,000 a month in secondary income living as a slumlord. Okay. His vending |
| 78 | 00:14:30,030 --> 00:14:40,350 | business, he had three routes, I ran one of them my route did $147,000. And the, I guess that was that was the middle route. The largest one was ran by his |
| 79 | 00:14:40,350 --> 00:14:49,950 | cousin. And there was another guy that ran a smaller route that I think he did like $100,000. And granted, the business was 5050 You know, whatever you paid, |
| 80 | 00:14:49,950 --> 00:15:04,350 | you basically made that and then you had to take costs of income employee or whatever, and we just simply got really dirty income That day, when I went home, |
| 81 | 00:15:04,920 --> 00:15:14,430 | I talked to my uncle. And this is why I believe College is a scam. Okay, and I say all the time College is an absolute friggin scam. I went to school after |
| 82 | 00:15:14,880 --> 00:15:24,660 | high school did all the accelerated learning all the additional things. And I was very high in math, science and computer programming and operations. I was |
| 83 | 00:15:24,810 --> 00:15:33,300 | into all that stuff. When I was in sixth grade, I was making my own programs and making my own video games. Okay. It is what it is. Now, today, all the |
| 84 | 00:15:33,300 --> 00:15:38,790 | programming languages that are available. I don't, I don't keep up with it. Because I'm not trying to be a computer programmer. I'm not trying to be an |
| 85 | 00:15:38,790 --> 00:15:48,390 | employee and I could care less. But that day when I came home, and that employer of mine offended me without knowing that he offended me. Obviously, I couldn't |
| 86 | 00:15:48,390 --> 00:15:59,070 | quit, because I needed the money. But I talked to my uncle who was a University of Maryland graduate in finance and business management. And I said to him, I |
| 87 | 00:15:59,070 --> 00:16:02,670 | said, you know, what would you do if this happened? I explained what I just told you. |
| 88 | 00:16:04,500 --> 00:16:13,890 | And he was like, why don't I ask? Like, did you say anything? Tell us that? No, I was embarrassed. Like, I mean, I'm, I'm from Middle River, which is across the |
| 89 | 00:16:13,890 --> 00:16:24,960 | street, basically from Essex, which is down the street from Dundalk, Maryland. Okay. And they are like the armpits of Maryland. Okay. As far as like white |
| 90 | 00:16:24,960 --> 00:16:32,880 | trash, like that's, that's the areas where you see it from. And I can say that, because I'm came up from it. So a lot of good people live in there, and they |
| 91 | 00:16:32,880 --> 00:16:42,420 | still do. But generally, you get the Rough Riders from that area. And some folks that are from this area, when they hear me talk they can hear like when I say |
| 92 | 00:16:42,420 --> 00:16:52,590 | use, like that's a that's a slang that you can basically tell if somebody's from, you know, Middle River, Essex, Dundalk, that the city, we all had that |
| 93 | 00:16:52,590 --> 00:17:07,920 | kind of vernacular, that little accent. But my uncle told me, he said, you know, you just got to get yourself a good education. And just pursue what you were in |
| 94 | 00:17:07,920 --> 00:17:18,000 | school for. I don't want to do it. Like, I don't want to do it. When I got out, I couldn't get a job with all the programming. I couldn't do it. I studied |
| 95 | 00:17:18,000 --> 00:17:29,730 | COBOL, C ICs, Pascal basic, C++. And I didn't want to be in the video game making. Like, I didn't want to do that, at the time, the visibility and I was |
| 96 | 00:17:29,730 --> 00:17:39,510 | really wrong. I didn't see that as a industry that would have been growing. Because I watched it transform so much from like Atari 25, or 2600. When I was a |
| 97 | 00:17:39,510 --> 00:17:49,740 | kid, we all have Playstation and X boxes now. But when I was a kid, it was Atari 2600. Like you weren't it if you didn't have that. So I've watched all the |
| 98 | 00:17:49,740 --> 00:17:57,870 | transitions. And I was like, you know, I just think it evolves too fast. And I just don't see myself being able to do that. But I was wrong in that regard. |
| 99 | 00:17:57,870 --> 00:18:05,190 | Because if I would have gotten into game making, I probably would have done well. But I know this probably has nothing to do with trading and someone you're |
| 100 | 00:18:05,190 --> 00:18:14,550 | like, man, get to the point. The point is, is you all ask how I think and interpret and how I got to where I am and how do I get through all the |
| 101 | 00:18:15,090 --> 00:18:26,790 | struggles? Well, this is one of those struggles that lit a fire under my ask a boss literally, basically said that I was trash didn't say the words, trash. But |
| 102 | 00:18:26,820 --> 00:18:37,860 | that's what it is. So when I talked to my uncle, that day when I came home because I actually lived with them, rented a room room and board 50 hours a |
| 103 | 00:18:37,860 --> 00:18:47,100 | week, and I told him I said, I'm gonna stand I like I'm mad, like, I'm pissed off at this guy. Like, I want to go back and tell him off, but I do he's gonna |
| 104 | 00:18:47,100 --> 00:18:56,010 | fire me. He's like, Well, the best way to live well is I'm sorry, the best revenge is live well, you can just go and do something better for yourself, and |
| 105 | 00:18:56,010 --> 00:19:07,320 | then when it's time to leave. But I didn't have an answer for how to do that. Like I didn't know what it is I would be doing to make money. Not that I was |
| 106 | 00:19:07,320 --> 00:19:16,710 | making a lot of it under them. But I spent an average of 13 hours a day doing that garbage job and listening to his lie saying, I'm gonna make you a route |
| 107 | 00:19:16,710 --> 00:19:34,590 | manager one day, and you will be 500 hours a week now 500 hours a week back then in 1990. But 291 91 I literally swallow that hook line and sinker thinking 500 |
| 108 | 00:19:34,590 --> 00:19:45,510 | hours. That's mad money, like that's crazy money back then. 500 hours is nothing like my stop loss. My stuff was particularly like that now. So the bottom line |
| 109 | 00:19:45,510 --> 00:19:58,650 | is I was pissed off and I wanted to find a way I wanted to find a way to get out of that situation. And my uncle's advice was go back to school and pursue more |
| 110 | 00:19:58,680 --> 00:20:08,790 | of the languages that are available today. Now, this is a guy who I love. He was a father figure in a period of my time have grown up, he let me move into his |
| 111 | 00:20:08,790 --> 00:20:20,190 | home. And they treated me very good. But this is the same person and so but I said, Don't take life advice from people that have a lot drama in their life. |
| 112 | 00:20:20,190 --> 00:20:26,880 | And there's, there's people out there that critique me very hard. And they assume the things I talk about and say, aren't good advice. But if you look |
| 113 | 00:20:26,880 --> 00:20:37,800 | around, there's a lot of folks, since I've been public teaching, they're showing the results, you know, they're doing this funded accounts. And I'm seeing people |
| 114 | 00:20:37,800 --> 00:20:46,080 | getting paid, not just the acceptance of these funded accounts, and I'm gonna see him rep anyone, company because I don't have any affiliation. And please, if |
| 115 | 00:20:46,080 --> 00:20:54,360 | you're part of those companies, don't reach out to me anymore, because I'm not going to, you know, rep you, I don't do those things. Just like brokers, I don't |
| 116 | 00:20:54,360 --> 00:21:02,460 | read the broker either. I'm introducing broker, I'm not trying to get you to do anything except for invest in time with yourself. And believe in yourself, |
| 117 | 00:21:02,460 --> 00:21:03,600 | because I'm telling you right now. |
| 118 | 00:21:05,700 --> 00:21:13,680 | Going to college is the biggest fucking scam you'll ever do. And I don't care if you make money because you went to college, the world has changed. Look around, |
| 119 | 00:21:14,340 --> 00:21:29,400 | look around. People have no idea what's about to come. They have no idea what's coming. I've been talking to my students telling them before Trump got elected, |
| 120 | 00:21:30,120 --> 00:21:44,940 | I said, all this stuff was coming. In video, it's documented period. That things are coming. You're not ready for your job is not guaranteed. Your boss thinks |
| 121 | 00:21:44,940 --> 00:21:55,890 | the same way about you. Like I just described my old boss. When I was a young man. They're not going to tell you because they can get a lot of trouble today. |
| 122 | 00:21:55,920 --> 00:22:08,820 | We're going back men, a lot of things. You can get away with a lot of things back then. But I was taking advice from a guy that went to college graduate a |
| 123 | 00:22:08,820 --> 00:22:26,340 | very high GPA, business management, a math scholar. But he was managing a Kentucky Fried Chicken. KFC. Yeah, here's my uncle, the guy I learned about |
| 124 | 00:22:26,340 --> 00:22:37,050 | trading from couldn't make money outside of the first initial plunge into it where he made money to buy a condominium down Ocean City and sugar. And he told |
| 125 | 00:22:37,050 --> 00:22:45,720 | me when I was 15 years old and 16 years old, every Sunday at my grandmother's, the richest people in the world, Michael, trade futures and options. Get |
| 126 | 00:22:45,720 --> 00:23:00,810 | yourself a good job, become an Electronics Technician. Save up, invest in live like the fat cats. Well, at 15 and 16, you know, hearing that I'm interested in |
| 127 | 00:23:00,810 --> 00:23:07,830 | martial arts. Okay, I'm gonna run my own martial art school. I'm interested in all that stuff. It sounds like the stock market that's, that's over my paygrade |
| 128 | 00:23:07,830 --> 00:23:16,470 | as a kid, I'm not interested. I hadn't really worked yet. And then when I started working, I was thinking this sucks. First Job was a dishwasher at |
| 129 | 00:23:16,470 --> 00:23:27,510 | perspex grocery store. But I looked at my uncle that day. And I told him, I said, Can I tell you something. And I want you to know that I'm saying this with |
| 130 | 00:23:27,510 --> 00:23:40,860 | love. And I just want to know things better. But how he'll knowing that you wasted six years of your life in college, and all the bullshit that you |
| 131 | 00:23:40,890 --> 00:23:51,450 | subscribe to and the books you paid for all that prep work, all that stress and crunching numbers, all that stuff. And you're working at Kentucky Fried Chicken, |
| 132 | 00:23:52,680 --> 00:24:03,300 | managing kids that don't want to come to work, and then you got to stay and do their job. You did all of that. As a result of spending time and the money he |
| 133 | 00:24:03,300 --> 00:24:14,220 | paid out of his pocket, folks. He didn't have what his financial aid. Again, he didn't have those things. He paid for it with his jobs, and savings and money |
| 134 | 00:24:14,220 --> 00:24:24,150 | and he cut grass. And that's what he does today. He's a retired man. He doesn't even trade. And he's got his own little grass cutting business. So he puts a |
| 135 | 00:24:24,150 --> 00:24:36,750 | little bit of bread that and he's got a pension from Verizon where he retired from. But he was not successful as a trader. He was not successful as a college |
| 136 | 00:24:36,750 --> 00:24:49,110 | graduate with exemplary marks in school, like his grades were great. And to talk to him, he's very intelligent guy, very intelligent, but down to earth too. And |
| 137 | 00:24:49,620 --> 00:25:00,000 | I I love talking to him. I don't talk to him as much anymore. But that day when I asked him that it was like I crushed his soul. And it was not my intention but |
| 138 | 00:25:00,000 --> 00:25:10,230 | It was not that was not my intention. But I wanted to note it. Have you have you observed? Have you noticed that you worked your ass off? And you told me to do |
| 139 | 00:25:10,230 --> 00:25:21,630 | those things? And I did it and guess what? Both of us are in the same position. We can't use the shit that we paid for in school. Nobody nobody wants. Okay nice |
| 140 | 00:25:21,630 --> 00:25:37,440 | guys get me tried. Yeah Can you slow down fucker. Scott is literally trying to fucking run me off a fucking one way break here give me a kid gotten beat this |
| 141 | 00:25:37,440 --> 00:25:57,480 | motherfuckers s stupid bitch. Told you I was bipolar. Apologize for that. So I asked the guy, um, my uncle brother. And I said, Listen, do you honestly believe |
| 142 | 00:25:58,470 --> 00:26:06,960 | that that was the best decision for you. And I, like, I took your advice, I listened. And nothing came from that. |
| 143 | 00:26:10,200 --> 00:26:21,510 | And the look in his eye was like literally like, man, it was noticeable to you. I don't know if he was ignoring it like, like the elephant in the room. But I |
| 144 | 00:26:21,510 --> 00:26:30,810 | know my n, who was married to him, looked at him like, you know, he worked really hard. And this has never talked about it. You never could make it work. |
| 145 | 00:26:31,740 --> 00:26:44,490 | He went on so many interviews, so many interviews, and he never hired him. And I never got an interview, not one time all of the resumes I put out. And I had a |
| 146 | 00:26:44,490 --> 00:26:59,250 | better GPA than he did. Not one interview. So I wasted my time I wasted my money in a field. That was the future programming technology and information systems. |
| 147 | 00:27:00,750 --> 00:27:14,760 | I wanted to be a systems analyst. And guess what? I was a vending machine operator, I felt coffee machines, and candy machines and soda machines. And I |
| 148 | 00:27:14,760 --> 00:27:23,220 | could take them apart and put them back together. I could tell you what's wrong with them without even being on that location. But it didn't pay money unless I |
| 149 | 00:27:23,220 --> 00:27:36,480 | owned the route. And when one day while I was doing the vending route, the conclusion came to me that, you know, even if I have this vending route, if I |
| 150 | 00:27:36,480 --> 00:27:41,880 | have a route like this, that means you gotta hire somebody do I trust somebody to be able to take the cash out of the machine and bring all the money to me. |
| 151 | 00:27:42,600 --> 00:27:52,500 | Because I got robbed one time, they broke into the back of the truck. They literally pulled the safe that was bolted in the back of the Isuzu truck. They |
| 152 | 00:27:52,500 --> 00:28:02,280 | ripped the whole safe off the back truck that was built to any rip the whole entire thing out. And when I came out of the site, to put the remainders in the |
| 153 | 00:28:02,280 --> 00:28:10,350 | stale stuff that I take out of machines, and I saw that they were ripped off. And the safe missing. I was gutted. I'm like the first thing that came to my |
| 154 | 00:28:10,350 --> 00:28:22,860 | mind was they're gonna think I did it. That was exactly what I thought, why did I think that? Why would I go to that conclusion immediately. Because of that |
| 155 | 00:28:23,070 --> 00:28:33,390 | piece of shit that you got to watch this guy's from Essex. And I've been honest, I hadn't come I may miss the day. I've never missed the day I came to work all |
| 156 | 00:28:33,390 --> 00:28:45,390 | the time. But these people broke in stole that cash. And I literally was ashamed that it happened on my route, like I could have somehow prevented I couldn't |
| 157 | 00:28:45,390 --> 00:28:54,720 | have I was inside doing doing the service on machines. So I sat there for 10 minutes trying to figure out how am I going to work up the courage to call in |
| 158 | 00:28:54,720 --> 00:29:09,990 | and tell my boss that I just got robbed. Thankfully not at gunpoint, right like that. But I had to sit there and wrestle with Hey, this is what it feels like to |
| 159 | 00:29:09,990 --> 00:29:22,380 | be violated. I've never experienced something like that before. I've never had that moment where something was taken from him. And it wasn't mine and it makes |
| 160 | 00:29:22,380 --> 00:29:26,490 | it even worse. Well, I called in |
| 161 | 00:29:37,920 --> 00:29:49,320 | I called into the talk to the owner of the company. I said, I just got robbed. What I just got out and he's like, are you okay? And that made me feel better |
| 162 | 00:29:49,320 --> 00:29:59,400 | that he was at least asking that. I said I'm fine. I just came out of the site when when the site was set. And I said they took the door off the back so it was |
| 163 | 00:29:59,400 --> 00:30:07,380 | a roll up door. That's gonna cost you money and the rip the entire safe off the floor like it's gone like it's completely gone. And because did you have any |
| 164 | 00:30:07,380 --> 00:30:15,420 | video camera back there like that they kind of guards and it's like, there's nothing here. Like, this is the site on that. And it was like a dilapidated old |
| 165 | 00:30:15,450 --> 00:30:24,870 | rubber who's making company. So it was almost a failing company. So it was not an OLED technology back then. And nobody was really worried about guarding a |
| 166 | 00:30:24,870 --> 00:30:32,910 | place like that. So apparently somebody's following me on track me and figured that was the place they were going to do it. Because it was like the third stop |
| 167 | 00:30:32,910 --> 00:30:46,860 | away from my last day. So all the money in it would have been there. There's, well, when I got back to the shop, the other son Glen who I had an affinity for. |
| 168 | 00:30:47,580 --> 00:30:59,580 | Even though his dad's a dick. I saw an Entrepreneur Magazine, sitting on his desk. And I was looking at it and I'm thinking myself, entrepreneur, day when |
| 169 | 00:30:59,580 --> 00:31:05,850 | you said you're gonna be a martial arts instructor, and you got all the credentials to do it, but you never did it. Here you are filling vending |
| 170 | 00:31:05,850 --> 00:31:16,680 | machines, you just got robbed and you feel like shit. So I think that that's our thumbing through it. And things in the magazine that I liked. Like, they were |
| 171 | 00:31:16,800 --> 00:31:24,600 | like pictures of boats and stuff, yachts and things like that. And I was like, You know what? I'm gonna ask him if I can take this home and borrow it. And I |
| 172 | 00:31:24,600 --> 00:31:35,430 | said, Glenn, do you mind if I borrow this? I'll bring it back tomorrow, and you won't be messed up. So I took the magazine. And I went home, did my normal thing |
| 173 | 00:31:35,430 --> 00:31:45,540 | coming home shower, workout. sit around and started wanting to go to sleep. I grabbed the magazine, I was looking at thumb through the back of it and it was |
| 174 | 00:31:45,540 --> 00:31:53,430 | just little tiny little classified ad said real money real people call this one 800 Number and get free information. So I did it in like a week I got a little |
| 175 | 00:31:53,430 --> 00:32:04,080 | cassette tape. And obviously, they need to open the weird. Oh, oh time students. They knew that that was the ken Roberts cartridge course that ended up buying |
| 176 | 00:32:04,830 --> 00:32:19,170 | that put me on the mailing list that Larry Williams stuff, registering. But when I started making money trading I was at that vending company during that nine |
| 177 | 00:32:19,170 --> 00:32:27,240 | months of so naturally, because I was looking for any way to get out of that lifestyle, having to work and I wanted to be able to put the middle finger up |
| 178 | 00:32:27,240 --> 00:32:37,320 | into that guy's that face, which I never did that, folks. I'm glad I didn't because I'd probably regret it today. But I'd be lying if I said I didn't want |
| 179 | 00:32:37,320 --> 00:32:55,380 | to do it because I did. But I wanted to escape so badly that there was a snowstorm. And I was expected to go to work that day. And I was in bed with my |
| 180 | 00:32:55,380 --> 00:33:08,130 | girlfriend who I was engaged to at the time. And I thought to myself, I make way more money than I make in a month, a day now. And I'm looking at this girl who's |
| 181 | 00:33:08,130 --> 00:33:18,060 | not my wife. It's the younger relationship house young guy. But I'm looking at her I'm thinking I want to marry this girl. And I don't want to be doing what |
| 182 | 00:33:18,060 --> 00:33:27,390 | I'm doing. And she doesn't know what I'm doing. She thinks no one's from the vending business. So when we go out to dinner, and I'm taking it in a nice |
| 183 | 00:33:27,390 --> 00:33:41,700 | restaurants to try to impress her and her parents. That day, I just said you know what? I'm done. So we had pagers back, my BOCES paging, you and calling |
| 184 | 00:33:41,700 --> 00:33:51,270 | calling. So I finally clicked on that. I'm not coming in today. It's snowed in, it's bad here. He's like, Well shovel, and I said shovel out. Now this is the |
| 185 | 00:33:51,270 --> 00:34:05,610 | sun that when I did like I say clean. I can't shovel the friggin streets like it's everywhere, not just around my car. And how does the 20 You just don't do |
| 186 | 00:34:05,670 --> 00:34:13,650 | as the 28 in this kind of snow we have. So it says well, if you don't come in, you don't have a job. I said, Well, that just made it a lot easier because I'm |
| 187 | 00:34:13,650 --> 00:34:20,910 | never coming back now. So you and I didn't go pick up my check. It was four months before he mailed it to me. |
| 188 | 00:34:24,540 --> 00:34:31,620 | Did it feel good to do it that day? Yes. Because I didn't have a guilty conscience about it. That was the reason why I kept staying because I liked him. |
| 189 | 00:34:32,460 --> 00:34:42,240 | I liked him as a person, but that day killed it for me, which is I guess, you know, God's way of saying it's time to go. So he let him show his colors to me |
| 190 | 00:34:42,240 --> 00:34:54,660 | and not just broke. And I just did it the way I want it to well, my terms. They didn't they didn't say we don't need you anymore trash from Essex. Then their |
| 191 | 00:34:54,660 --> 00:35:08,790 | business went under these folks to have section eight how housing they lost all their their housing because of reports about being slumlords. So all their |
| 192 | 00:35:08,790 --> 00:35:22,080 | wealth, and things that made them feel rich and such. They don't have enough money. But I look at myself every Saturday. And it sounds venomous the way I'm |
| 193 | 00:35:22,110 --> 00:35:29,790 | saying it now, it's only because I'm talking to you like you're in the car with me right now. And I'm reliving these painful emotional moments that were real. |
| 194 | 00:35:29,790 --> 00:35:39,510 | These are not made up things, folks. I garbage. Okay, just like all of you do. I was not exempt from that. You hear me talk and it sounds like this guy. Was this |
| 195 | 00:35:39,510 --> 00:35:55,950 | press Abba mold. He never had any hardships. It was a silver spoon in his mouth. And this isn't a no no no. I had this rubbish |
| 196 | 00:36:02,400 --> 00:36:03,810 | not because I'm lazy |
| 197 | 00:36:09,659 --> 00:36:12,779 | people listening, can you? |
| 198 | 00:36:23,970 --> 00:36:31,800 | I'm a real personalities thing. Just like you're going through your things right now. And you'll think about this conversation when you're older, and you have |
| 199 | 00:36:31,800 --> 00:36:37,710 | more experience behind you. And then when you've succeeded, you'll say You know what, I remember that time when I was out there driving around, I was beat |
| 200 | 00:36:37,710 --> 00:36:48,660 | somebody's ass for almost running off the road. That day. He said some things that really resonated with me. And it made sense at that time later on, not so |
| 201 | 00:36:48,660 --> 00:36:54,390 | much meaningful to you right now. Because they're my experiences maybe you don't have the hardships that |
| 202 | 00:37:00,330 --> 00:37:15,960 | and this is temporary. Don't let other people around you look down on you and make you think that that's where you're supposed to be? No, you are not where |
| 203 | 00:37:15,960 --> 00:37:27,810 | you are right now. You found me? Because you were supposed to find me. We crossed paths because you are expected to use whatever it is I'm teaching. You |
| 204 | 00:37:27,810 --> 00:37:39,660 | didn't find me by chance. Do I ever advertise? No. You ever seen any ads? Nope. No coupon codes, no special deals, no deadline. If you don't do it, by this |
| 205 | 00:37:39,660 --> 00:37:52,800 | time, that's all garbage. That's people that need to sell. I don't need to sell shit. And when you taste what it is that I'm selling, it's real. And then when |
| 206 | 00:37:52,800 --> 00:38:09,000 | it's given to you for free, that's treasure. Look how many people are literally energized now. They're able to see it. And all it took for them is to literally |
| 207 | 00:38:09,030 --> 00:38:19,260 | engage. Take me for my word only on the basis of tests and see if it's true. It cost you nothing but time if I'm a fraud if it doesn't work, you'll know right |
| 208 | 00:38:19,260 --> 00:38:24,060 | away. I didn't have that folks. I didn't have those things |
| 209 | 00:38:33,570 --> 00:38:50,940 | that's trying to run him over and fire engine. See that was last time you mentored to be on the verge of like this. I almost had Cascella. So when you go |
| 210 | 00:38:50,940 --> 00:39:01,200 | through these moments where you feel like you're not going to be able to do this. Just know that I had those all the time. And I had good well meaning |
| 211 | 00:39:01,200 --> 00:39:18,120 | people around me. And they didn't inspire me. In fact, they were weights around my neck. They kept me from being positive. I had to dig in deep on myself. And |
| 212 | 00:39:18,120 --> 00:39:31,650 | it was me basically going to war with that guy's perception of me you got to watch these guys from Essex Maryland. Like I'm some frickin meth heads selling |
| 213 | 00:39:31,650 --> 00:39:46,080 | crack on a corner somewhere. I was a model employee. Like that's like that's the guy you want. That never misses a day that works over and doesn't expect |
| 214 | 00:39:46,080 --> 00:39:58,680 | anything extra and believes that in the in time that the employer will reward them for their loyalty and work ethic. And I was taken advantage of but guess |
| 215 | 00:39:58,680 --> 00:40:10,980 | what? I'm not complaining about that. I'm glad it shaped me into who, that's who I was before I started working for them. My grandfather made that me. So College |
| 216 | 00:40:10,980 --> 00:40:24,990 | is a fucking scam, it's a scam, you will not go to college now get a career, making a high degree of income with a great degree of consistency, longevity, |
| 217 | 00:40:25,020 --> 00:40:33,060 | because your business is not guaranteed to you. With a 2020 show you the rules have changed. |
| 218 | 00:40:38,309 --> 00:40:41,459 | What I'm bringing up today ever gave me |
| 219 | 00:40:49,440 --> 00:41:05,160 | the world's changed hooks. And when I started talking in 2016, about what was coming, I got laughed at chicken noodle. But I said everybody wants waiter. So |
| 220 | 00:41:05,160 --> 00:41:17,310 | everybody needs to get ready because they're gonna do something that's worse than 911. And it's common. I said that in July of 2018. Again. In October, I |
| 221 | 00:41:17,310 --> 00:41:28,590 | said it also. And then he started censoring my posts on Twitter. And so the reason why I left that run off Twitter, because guess what, brother, right here, |
| 222 | 00:41:28,590 --> 00:41:37,950 | bring your shit. I'm right here waiting. Everybody can talk to me. Everybody can say what they want to say. And I'm right here to answer all that. |
| 223 | 00:41:47,789 --> 00:42:03,749 | So on Saturdays, I take it dry. And I get to reflect on the choices I made. Just like I tell you to this community posts. You gotta look back and think. Where |
| 224 | 00:42:03,749 --> 00:42:14,699 | have you been? What are you doing right now? Are you hearing? Are you still on? Are you still on task? Have you lost your bearings? Are you lost? Do you even |
| 225 | 00:42:14,699 --> 00:42:19,499 | know what you're doing? Did you even do anything last week that contribute to growing? |
| 226 | 00:42:25,619 --> 00:42:35,999 | It's not just watching videos, it's not looking at tweets, and community posts. It's you roll your sleeves up, and getting out there and getting dirty and doing |
| 227 | 00:42:35,999 --> 00:42:48,569 | it wrong. And learning from that. That's the part that I thought was the prevention for me though, like I looked at it like I'm never gonna get this. I'm |
| 228 | 00:42:48,569 --> 00:42:57,209 | never gonna get this. And my aunt would come in, knock on the door and hear me weeping. And they're like, are you okay? Yeah, I'm just frustrated. What's |
| 229 | 00:42:57,209 --> 00:43:09,629 | wrong? You won't understand. And she wasn't even my uncle would have understood. Because I was trading live money, doing trades I could not really realistically |
| 230 | 00:43:09,629 --> 00:43:24,179 | afford. And when they went bad, they were bad. Or good. I contain that. And I kept telling myself, this is how you keep going. When they look at you, and they |
| 231 | 00:43:24,179 --> 00:43:36,119 | look down on you, and they think that you're a friggin bomb. And you're never gonna amount to anything because you live below your means. Guess what? They |
| 232 | 00:43:36,119 --> 00:43:48,779 | don't know the real you. They can't see the real you. The real you is that person that knows that you don't have it yet right now. You know, right now, you |
| 233 | 00:43:48,779 --> 00:43:58,229 | don't have your power to do it yet. But you know, you're getting and you're not gonna take no for an answer. You're not going to be like, no one's gonna |
| 234 | 00:43:58,229 --> 00:44:09,659 | convince you that you can't do it. No one's gonna sell you an idea that's gonna distract you prolong the process, you know that, you know, that, you know? Once |
| 235 | 00:44:09,659 --> 00:44:18,749 | you get that mindset, that's what's needed. You need to be doing that. Once you arrive at that point. It's just a matter of time, folks. It's just a matter of |
| 236 | 00:44:18,749 --> 00:44:28,709 | time. And how much time is it going to be? Is everybody's different. But I can tell you I had a plan that I did not want to be working when I was 40 years old. |
| 237 | 00:44:29,459 --> 00:44:39,029 | So I was willing to give up at that time, half of my life to get to where I wanted to be and where I wanted to be at least financially independent. And I |
| 238 | 00:44:39,029 --> 00:44:53,249 | started with trying to earn and save $1,000 a month. And folks that she got real easy, real, real easy. And then when you start getting these mile markers, you |
| 239 | 00:44:53,249 --> 00:45:02,669 | don't need cheerleaders around you. You don't need anybody to tell you, that boy. You're going Do keep doing what you're doing. Because your bank account |
| 240 | 00:45:02,669 --> 00:45:14,909 | tells you that your bank account tells you, you don't shit right now. Who cares? Who believes you look up? Who's gonna convince you? When you got millions of |
| 241 | 00:45:14,909 --> 00:45:24,509 | dollars in the bank, who Who do you need to tell you that you finally arrived? You need somebody to talk to you. You need three Robins to talk to you about how |
| 242 | 00:45:24,509 --> 00:45:33,479 | you're doing a good job. You got seven digits floating around in multiple banks, you need 20 routers to tell you, you're doing a good job. No, no, no, no, no, |
| 243 | 00:45:33,959 --> 00:45:48,119 | you don't need that. All you need to do is show up. Put the work in and do it consistently. If you do that, look around folks, these people that are just now |
| 244 | 00:45:48,149 --> 00:45:57,029 | discovering themselves in what I'm teaching. Nobody's gonna convince them otherwise. Now. They tasted it already. They've already tasted it. They know |
| 245 | 00:45:57,029 --> 00:46:07,379 | what it feels like now, no one's convincing them otherwise, they're never going to be told what they're doing is the wrong way now or ever invited everyone to |
| 246 | 00:46:07,379 --> 00:46:24,239 | do? If you do that, I promise you, I Guaran damn tee you. You will never ever, ever, ever put this down again. Because once it bites you, you're infected. You |
| 247 | 00:46:24,239 --> 00:46:43,409 | just accept it. Now it's a way life. These markets are in your blood. And guess what? Some days? Even right. Now, I've grown I've said hurry. up right at any |
| 248 | 00:46:43,409 --> 00:46:56,879 | refer? It's not rough. It is not right. It's not rough, rough. It's something I'm saying. And it's kind of like trading. It is easy. You probably are doing |
| 249 | 00:46:56,879 --> 00:47:09,119 | something that isn't gonna be sustainable. Like it was for me in 1993. That was those luck. It ain't rough. 18 right. That was the expression he saw. So me a |
| 250 | 00:47:09,119 --> 00:47:19,109 | young guy, I would complain to him nothing like where do you see us Corona? Being later in life, because I don't know, I'm just living right now. As cool as |
| 251 | 00:47:19,109 --> 00:47:25,319 | it sounded back then, that scared the hell out of me. Because I needed to know |
| 252 | 00:47:27,179 --> 00:47:39,989 | where I was going to be at like, I don't want to be homeless. I want to make sure I can survive. And I'm thankful that I don't have that worry anymore. And I |
| 253 | 00:47:39,989 --> 00:47:43,529 | want all of you to have that feeling that sense of accomplishment. |
| 254 | 00:47:49,349 --> 00:48:03,119 | There's a lot of folks in here don't want to hear this part. But it's the truth. If you don't live right, if you don't do the right things to other people. |
| 255 | 00:48:04,889 --> 00:48:17,759 | Because listen. And Danny, you hear me? I appreciate you coming out saying that the things that you've been making for everyone. And yes, you do. Those things |
| 256 | 00:48:17,759 --> 00:48:29,159 | do you say about me? You came out, Reese, they're not true. I appreciate that. But because you profess and you believe that's the reason why I haven't touched |
| 257 | 00:48:29,159 --> 00:48:39,779 | you. That's why I'll come back and say anything to you. Just not my audience. I don't do that to a brother in Christ. And I understand what you're doing. You |
| 258 | 00:48:39,779 --> 00:48:55,799 | want attention to traffic, I get it. But the things you said everyone knows are true. But I have been a blessed man. My entire life. I've had so many blessings, |
| 259 | 00:48:56,219 --> 00:49:11,609 | not just in the markets, not in trading, not just in relationships, but my source. My real secret is my relationship with Christ. That's it. And I always |
| 260 | 00:49:11,609 --> 00:49:22,799 | said before, I'm not a poster child. For Christianity. I'm not the model Christian. As you can see, when I get chemically imbalanced, I lose control my |
| 261 | 00:49:22,799 --> 00:49:35,969 | tongue sometimes I'm like Peter many times, I got Foot and Mouth Disease, my mouth. But I and I talked to all of you. I'm talking to you. Like you are my |
| 262 | 00:49:35,969 --> 00:49:46,919 | best friend, or my son or my daughter. And I think you can hear it when I'm talking to you. Because I mean when I say and I live these experiences, I've |
| 263 | 00:49:46,919 --> 00:50:01,139 | done these things. And I'm not asking anything for it. I've proven that millions and millions of dollars a year for six years and I chose to stop I guarantee if |
| 264 | 00:50:01,139 --> 00:50:09,059 | I went on Twitter right now and said, Okay, I'm looking at shop right now. And Jesus name, I swear to God, I'm never doing this again. But I'm telling you, if |
| 265 | 00:50:09,059 --> 00:50:18,419 | I did it right now I'm posted on Twitter, I look at mentorship again. If I double the price, I probably have millions of dollars in the p&l account before |
| 266 | 00:50:18,449 --> 00:50:34,079 | Monday. This is the way it is. And you should be thankful that I don't do that. I don't need to do that. I don't want to do it. So if my, if my experience was I |
| 267 | 00:50:34,079 --> 00:50:41,969 | see this guy, he comes out and says these things that I do, and then watch all the other people prove that they can do it, they're recording their entries or |
| 268 | 00:50:41,969 --> 00:50:57,449 | management on YouTube. That should encourage you. And then to watch this person step away from making millions of easy money. It's really easy. But it's hard |
| 269 | 00:50:57,449 --> 00:51:11,219 | managing all the personalities. So I'm gonna manage all your personalities. I'm gonna do it where there's no business ties between us. And we understand that |
| 270 | 00:51:11,219 --> 00:51:24,029 | the work is all yours. And you know, I'm motivated because I love doing this. And you want someone to teach you this passionate, she was basically lukewarm. |
| 271 | 00:51:25,109 --> 00:51:35,579 | No, she wants is on fire that literally lives and breathes this stuff. And I have done that for 30 years. I absolutely love this industry. I love this |
| 272 | 00:51:35,579 --> 00:51:47,219 | business. I love the people. I love the whole, the whole idea of it, the lifestyle, everything. And it isn't about Lambo lifestyle. It's about peace of |
| 273 | 00:51:47,219 --> 00:51:59,249 | mind, knowing that I don't need your friggin paychecks. I don't need to ask for permission, that I can go on vacation. I'm gonna tell you how much money I'm |
| 274 | 00:51:59,249 --> 00:52:09,659 | making this week, you aren't setting a limit on how much money I'm gonna make. That's a mindset that nobody can understand or appreciate until they live that. |
| 275 | 00:52:10,079 --> 00:52:20,399 | And I'm trying my damnedest to do that for all of you, I'm providing the tools, I'm blazing the trail for you, all you gotta do is keep up with me. Just keep |
| 276 | 00:52:20,399 --> 00:52:27,719 | up. That's all you gotta do show up every day, do the things I'm telling you to do, and don't do the things I tell you not to do. If you do those things, I |
| 277 | 00:52:27,719 --> 00:52:41,819 | promise you, you will get this. And once you have it, it's yours. Nobody can take it from you. Nobody can say you aren't gonna amount to shit. You're gonna |
| 278 | 00:52:41,819 --> 00:52:48,599 | be just like the rest of us working shit jobs. Because guess where that came from? An uncle and my family. |
| 279 | 00:52:50,130 --> 00:53:08,040 | Well, he was digging graves in Holly Hill Cemetery. When he retired. I'm digging graves on the people on the other side of my trades. Get it on the way it is. I |
| 280 | 00:53:08,040 --> 00:53:20,370 | had analogies that make it seem like it's a sport that's on you. I always wanted this war is always in war. Because I've wrestled with demons inside me as a |
| 281 | 00:53:20,370 --> 00:53:30,420 | young boy. And that's what motivated me. I didn't have a hero. I didn't have a mentor. I didn't have a guy that could sit out here and encouraged me and talk |
| 282 | 00:53:30,420 --> 00:53:42,930 | about something beforehand. And it unfolds precisely week after week after week. You guys are fortunate. And I'm blessed to be that person for you. I love it. I |
| 283 | 00:53:42,930 --> 00:53:51,960 | love it. So in a lot of ways, I guess God prepared me to be this person because I had to do a lot of stuff to understand and appreciate what it is that you're |
| 284 | 00:53:51,960 --> 00:54:02,730 | in a mentor. And you may not even realize what it is you're looking for ntdc Once you taste this kind of way of learning, there's no other way of doing it. |
| 285 | 00:54:03,960 --> 00:54:17,850 | It just makes sense. If I tell yourself here style there, you've learned nothing but trust my decisions. But if I take you to the chart and I say Look here is |
| 286 | 00:54:18,180 --> 00:54:35,130 | where we are by sizes I'm looking for need to go to that level now. There's a learning how many times have you seen me call something it didn't come to |
| 287 | 00:54:35,130 --> 00:54:36,690 | fruition? Maybe |
| 288 | 00:54:45,329 --> 00:54:58,259 | my son obviously some of the guys out there, they're afraid that their account challenges get shrunk my son who was 18 years I think I've already done so far |
| 289 | 00:54:59,039 --> 00:55:18,809 | the A broker that my son uses rigged up, Tim says, Thank you and your father? And is he posting your statements? And how does he have access to your |
| 290 | 00:55:18,809 --> 00:55:35,579 | statements? And they're probably gonna close your account if you do have a response and respond to each one independently. So what difference does it make? |
| 291 | 00:55:37,589 --> 00:55:45,569 | And who developed businesses if he wants to put his own trade statements in my email box, or put them online if he wants to? I've never seen a broker ever say |
| 292 | 00:55:45,569 --> 00:55:58,829 | something like that? Like, why wouldn't they want someone that shows accountability? Makes you wonder. Now, he hasn't reported any trouble whatsoever |
| 293 | 00:55:58,859 --> 00:56:09,959 | with them clearing histories. So I was kind of shocked when he pushed in a text and he shown Hey, that is what the what I do. You reply to him telling the |
| 294 | 00:56:09,959 --> 00:56:10,289 | truth? |
| 295 | 00:56:15,719 --> 00:56:29,099 | I think I think they're afraid that it's me behind these trades. And that would be against the law. And that's not going on. How else would someone that entered |
| 296 | 00:56:29,099 --> 00:56:42,209 | and open the account of admitting that they don't have any experience all of a sudden runs up from the lows he had that? I was gonna be wondering too. But he's |
| 297 | 00:56:42,209 --> 00:56:56,339 | pushing the buttons. And he has to close his account. That's fine. There's plenty other brokers out there. But as far as what he's trading, I sit with him. |
| 298 | 00:56:56,909 --> 00:57:06,059 | I explained to him how certain moves form. I'm like, what I've done with you, and all that basic stuff. And now he's not trading and he wouldn't even |
| 299 | 00:57:06,059 --> 00:57:15,059 | understand it. Unless he gets in the marketplace. He has to taste it, see it, live and breathe it, take money from the market and have money taken from him. |
| 300 | 00:57:15,569 --> 00:57:24,749 | You have to have those experiences. And I put him in those situations, with conversation saying, What do you think would happen if you buy in right here. |
| 301 | 00:57:27,029 --> 00:57:36,689 | And he's excited to get in a trade, but he's not in a rush to get in. If anything, he's reluctant. So I know what he's afraid he's afraid of getting it |
| 302 | 00:57:36,689 --> 00:57:50,819 | wrong in my eyes. He doesn't want to fail. And I can't stress this enough, Caleb, you have made me so proud. The fact that you're doing it, I love that. I |
| 303 | 00:57:50,819 --> 00:57:53,549 | know he's gonna succeed because I'm gonna fucking guarantee |
| 304 | 00:58:03,570 --> 00:58:15,660 | it's hard for me to him. Because he wants to walk in My sight, flawlessly. And I don't expect that many of my kids. And when you have kids, or if you have them, |
| 305 | 00:58:15,690 --> 00:58:28,350 | you know what it means to feel that they can't, they can't do anyone anything wrong, because they're your kids. They make bad decisions. Just steal your kids. |
| 306 | 00:58:29,790 --> 00:58:43,470 | But with this, I have waited so long for this. And I'm pouring my every to him. And I don't want him to be fearful of losing a fearful losing losing. That is a |
| 307 | 00:58:43,470 --> 00:58:56,190 | tax on success. You're going to have dimensions man, it's just the way it is. I lose I get it wrong. It doesn't matter. I still beat their ass. That's the way |
| 308 | 00:58:56,190 --> 00:59:06,090 | you have to look at it. Every sports team every sport they don't win every down every any every whatever the hell is your sport, saying I'm trying to draw other |
| 309 | 00:59:06,090 --> 00:59:18,690 | analogies to somebody you don't want to hear the war story stuff. Every day isn't going to be a losing day. And I want you to understand that if he does |
| 310 | 00:59:18,690 --> 00:59:31,140 | this, and he has a losing day. I'm not looking down on him. I want to see does it affect you on the other side of that loss? That's what I'm interested in. As |
| 311 | 00:59:31,140 --> 00:59:38,100 | his father and as an instructor in terms of trading. I want to see how does it affect him mentally? Because I'll tell you right now, when I was younger, when I |
| 312 | 00:59:38,100 --> 00:59:46,710 | lost I was pissed off. I hated everybody. I couldn't easily snap the neck of somebody that came up to me as soon as I dusted 35 hours when I traded I knew |
| 313 | 00:59:46,710 --> 00:59:58,110 | damn well before I got out of that thing. But now the next person speaks to me it's his fault. You did this to me, You know what I mean? You know I'm talking |
| 314 | 00:59:58,110 --> 01:00:14,400 | about so many The wives and girlfriends and boyfriends have suffered so many times the time caused that pain, you want to find some way to put it out there, |
| 315 | 01:00:14,910 --> 01:00:26,580 | that takes it away from you. That's what trading is. You eat it, and you swallow it. It's good medicine, because it makes you the trader, that bad stuff that |
| 316 | 01:00:26,580 --> 01:00:36,750 | happens here. That's what every wildly profitable trader has done a lot of they eat that they took those shots. |
| 317 | 01:00:39,570 --> 01:00:52,410 | And that's why many of you are absolutely going to find that this is the most impossible thing for you to do. And it's impossible for everybody in the |
| 318 | 01:00:52,410 --> 01:01:00,780 | beginning. Until you get that mindset I mentioned earlier, where you know what, nothing's gonna deter me from doing this. I know it's going to feel like I want |
| 319 | 01:01:00,780 --> 01:01:07,950 | to quit sometimes, it's going to feel like this is a bunch of shit. I can't do it. I can't learn this. I'm frustrated. You didn't do what I want. I don't even |
| 320 | 01:01:07,950 --> 01:01:15,750 | know what the hell the biases. Everybody's asking all the time I Spy spy. I'm literally teaching you buy stocks. I'm taking you into the chart telling you |
| 321 | 01:01:16,050 --> 01:01:25,080 | here it is. This is what I'm pointing to. If it's above the market, is that a bearish bias? No. If I'm falling below the market price, and I'm saying look at |
| 322 | 01:01:25,080 --> 01:01:37,650 | this level here, nope, that is that bullish? No. I I'm teaching you by doing it with you. I'm showing you. I'm teaching you how to avoid when you're going to |
| 323 | 01:01:37,650 --> 01:01:48,000 | blow your account. I know that intimately. I did a lot of that in the 90s. Okay, no problem telling you. I got metals, I got purple hearts for blowing out |
| 324 | 01:01:48,060 --> 01:02:00,480 | accounts in the 1990s. I did it in stunning fashion style. I did it live on a truck working 13 hours a day eating driving with my left foot laying on the |
| 325 | 01:02:00,480 --> 01:02:14,670 | steering wheel going over the tea bridge. High winds. That's like trading full margin it's not. And that's how I was trading market. Crude oil market, go |
| 326 | 01:02:14,700 --> 01:02:28,290 | features and all that stuff, and losing my ass the whole time dealing with that account, it's gonna take me six weeks to save another. Now, guess what? Nobody |
| 327 | 01:02:28,290 --> 01:02:38,640 | could have told me ever. That was a dumb decision. Because I knew in my heart, I have tasted what it feels like the wind. And those winds were more than my |
| 328 | 01:02:38,640 --> 01:02:53,370 | monthly income gross. Let that vote by again. It'll never leave you alone. It'll never ever leave you alone. So you might as well just roll your sleeves up. |
| 329 | 01:02:54,240 --> 01:03:04,890 | Except the fact that it's going to take some work, it's gonna take some effort on your part. Put in the time and work. Differ all your weekend warrior stuff |
| 330 | 01:03:04,890 --> 01:03:13,140 | that you want to hang out with your buddies and go out with your girlfriends and go buy what's on sale. Stop all that. Invest your time and your mind in |
| 331 | 01:03:13,140 --> 01:03:23,550 | yourself. Because I'm telling you right now, there isn't anybody there. I don't know anybody that went to college. That makes as much money as I have. I don't |
| 332 | 01:03:23,550 --> 01:03:36,570 | know anybody like that. College didn't do that for them. Now business owners. Yeah, that's the way you do it. But employees. My opinion is, even an average |
| 333 | 01:03:36,600 --> 01:03:48,420 | consistently profitable trader will slap the moneybags out of the best of any employee of any company. Because you're not limited. That company says how much |
| 334 | 01:03:48,420 --> 01:03:59,790 | you're gonna make. You're an employee, you're subservient. I'm not subservient to anybody. The Lord, but outside of him. I ain't gonna listen, nobody. Nobody |
| 335 | 01:03:59,790 --> 01:04:10,440 | tells you what my schedule is. No one tells me what I can and can't. Nobody puts a limit on how much I can earn. And folks, listen, I got out of the teaching |
| 336 | 01:04:10,440 --> 01:04:21,960 | business. But I can roll right into a signal service right now. I'm not going to just say you know. But if you learn how to do this, you don't need to have money |
| 337 | 01:04:22,740 --> 01:04:33,810 | to do it. You don't need learn the skill set, and then prove to everyone online, that you can do it consistently. I guarantee you, they will throw money at you. |
| 338 | 01:04:34,710 --> 01:04:43,770 | They will throw it at you. If they could just watch what you're doing beforehand. I teach this with my students all the time. I have a lot of folks |
| 339 | 01:04:43,770 --> 01:04:56,760 | that are literally barely scraping by. There's no way they're going to open up 100,000 trading account or not. So those funded accounts, I think they're |
| 340 | 01:04:56,760 --> 01:05:06,690 | they're a good idea. Are they all good? No. No Do I have a reputation of doing this? No, I've never done I will never tell you this company or that company |
| 341 | 01:05:06,690 --> 01:05:20,640 | over another. But the skill set once you know it, folks, Listen, man, this is not hatred, this is really real. You can sit in front of a chart, determine |
| 342 | 01:05:20,640 --> 01:05:31,140 | where it's gonna go, where it's not gonna go and eat delivers consistently. That's a skill set very, very few people can do on this planet. Even folks that |
| 343 | 01:05:31,140 --> 01:05:40,050 | are outside what I teach, and they're consistently profitable, you have a system, you know that you are part of a society that is so minimal. We're like |
| 344 | 01:05:40,050 --> 01:05:43,770 | The League of Extraordinary Gentlemen. And generally, |
| 345 | 01:05:45,329 --> 01:05:56,489 | please don't get on me about the gender stuff. It is what it is. But you're an exceptional breed of person. If you can sit down and interpret these charts, and |
| 346 | 01:05:56,669 --> 01:06:05,519 | read it Heelys. And you earn those stripes, whether you're doing what I do, or another way of doing it, I ain't gonna not everybody is consistently making |
| 347 | 01:06:05,519 --> 01:06:13,949 | money. Who can do that? Nobody should Nobody, Nobody has anything to say about anybody that's making money. Because if you're making bread doing this stuff, |
| 348 | 01:06:14,249 --> 01:06:17,519 | you arrived. Nobody's going to tell you different. |
| 349 | 01:06:23,610 --> 01:06:34,800 | So I drive around on Saturday. And I think about how I'm going to improve my son. And I basically congratulate myself every week. Kinda like Snoop Dogg, and |
| 350 | 01:06:34,800 --> 01:06:48,960 | I thank myself. Like to thank me. Thank you. So I do that, but also talk to God. Thank you. For most of everything I had it says, it gives it to me. But the |
| 351 | 01:06:48,960 --> 01:06:52,440 | model my son's working on this is the second Lamborghini so |
| 352 | 01:06:59,429 --> 01:07:15,209 | there's a green one earlier I said and I love here, vibrations camera, that's the same drive up to the Krispy Kreme that never got paid follow me around. I |
| 353 | 01:07:15,209 --> 01:07:26,339 | got a Tuesday night on campus. But I talked to my son a lot about what he wants to do like where he sees himself. Now he obviously knows that we can live way |
| 354 | 01:07:26,339 --> 01:07:40,829 | way more fluid than I do. He because he's been working. I mean, your warehouse, Job Work second shift, he goes in three o'clock and gets off at 11 is normal in |
| 355 | 01:07:40,829 --> 01:07:49,349 | time. Sometimes they keep him over if there's things they gotta finish. And he does all the heavy lifting part, he sets up stuff on pallets, and he's not doing |
| 356 | 01:07:49,349 --> 01:07:59,429 | an easy job for a lot of money. It's for him because he's not, you know, he's not muscular. He's not built like a sheep or cows. He's literally, you know, a |
| 357 | 01:07:59,429 --> 01:08:13,769 | young, thin guy. So he's working hard backwards all the time now. And I knew if I left him in it long enough, he would come to me with that desire to. And |
| 358 | 01:08:13,769 --> 01:08:21,749 | hourly some of you out here may be judgmental about that. But I'll tell you this, when I was raised by my grandfather, because my father is absolutely a |
| 359 | 01:08:21,749 --> 01:08:29,789 | contract murderer. His name is Michael Joe Harrington. He is serving two consecutive life sentences plus 20 years. And he picked up more time when he |
| 360 | 01:08:29,789 --> 01:08:45,659 | broke out on me on penitentiary in 1983. Okay, so there you go. My grandfather raised me and he raised me as a hardline Navy man. Laziness was not accepted. |
| 361 | 01:08:46,889 --> 01:09:02,189 | You have because you earned it. If you didn't earn it, you don't have it. And when I was younger, I was going to just give money to my kids. And I talked |
| 362 | 01:09:02,189 --> 01:09:10,199 | about how I was going to do it openly. And a lot of folks. You think this is a good idea. And at first I was pissed off. I can't tell you tell me how to raise |
| 363 | 01:09:10,199 --> 01:09:20,579 | my kids. But one guy said inverted email to me one day, he says, he says like Michael, I love what you do. I think you're genuine nice guy. But I don't think |
| 364 | 01:09:20,579 --> 01:09:29,249 | it's a good idea for you to give your kids money. You should make them earn it. And he went through the list of reasons why. And he actually talked about how he |
| 365 | 01:09:29,249 --> 01:09:41,639 | was getting money by his father went all the wrong directions. And in fact, that's what got my father where he was my birth biological father, Michael Joe |
| 366 | 01:09:41,639 --> 01:09:56,699 | Harrington, who is again in Jessup, Maryland, warehouse corrections. Look it up if you want to do some research on it. He was a murderer. He did it for money, |
| 367 | 01:09:57,179 --> 01:10:10,589 | because he had a heroin addiction that he picked up leaves in the end Not before he went to Vietnam. He was drafted. He didn't want to join. My mother, my mother |
| 368 | 01:10:10,589 --> 01:10:22,289 | and him got together. Obviously. He was one of these guys that came from a family that had money. Not a lot of money, but they had money. And they gave him |
| 369 | 01:10:22,289 --> 01:10:33,779 | the apartment, they set him up and he got him a car, several cars always gave him cash and he was spoiled. And he did shit that you saw people do make stupid |
| 370 | 01:10:33,779 --> 01:10:44,369 | decisions. He got married and then slept with my mom, when she was underage. Mostly born, she was going to abort me. He told her I'm gonna cut your throat, |
| 371 | 01:10:44,399 --> 01:10:57,149 | you're gonna hear if you kill that baby. And that's the reason why you hear my voice. That's the only thing my father did for me. He's never spent any time |
| 372 | 01:10:57,149 --> 01:11:15,689 | with me. He never did anything with me, ever. But my grandfather raised me. I live with him. So, my son Caleb, I pushed him into a similar shot. He has |
| 373 | 01:11:15,779 --> 01:11:33,239 | grandparents that are not doing well. My mother in law, she has cancer. Lung cancer, she's got like, half of one a little less than half. Her husband is |
| 374 | 01:11:33,269 --> 01:11:45,779 | failing. But we don't know how long he's gonna be around. We were surprised he's still here. So my son does two things. He lives with them to help them many |
| 375 | 01:11:45,779 --> 01:11:56,069 | ways, like a hospice. Not that they're on their deathbed. But he does a lot of things for them that they can't physically do. And he |
| 376 | 01:11:56,070 --> 01:12:09,930 | works his second shift job when they are resting in the evening time. So the assholes out there to try to judge my parenting, or my kids. None of my kids are |
| 377 | 01:12:09,930 --> 01:12:21,930 | profitable, successful millionaire traders that I'm about to meet. My oldest son, he invested in crypto, a little bit of money last year, and I tell him Get |
| 378 | 01:12:21,930 --> 01:12:31,920 | out, please listen to any song. No, just the way it is. We had a volume, does he want to help set him up with cash and he wanted to be like my dad. And I told |
| 379 | 01:12:31,920 --> 01:12:44,160 | him, I'm not gonna do that. And we have not talked since then. He does things in his life. And some of them could get him in trouble. But he hasn't listened. But |
| 380 | 01:12:44,160 --> 01:12:54,480 | he's a man. And he has to take these consequences. But he has lost a lot of his money. Because he didn't listen. I told all of you crypto was gonna crash. I |
| 381 | 01:12:54,480 --> 01:13:03,060 | don't shake crypto. So please stop asking me and I'm not going to talk about how many concepts work or don't work in them. I don't believe in crypto. So if |
| 382 | 01:13:03,060 --> 01:13:10,560 | you're trading crypto and you make money, congratulations, but don't attribute to me because I didn't help you do it. But if you lose money, don't complain to |
| 383 | 01:13:10,560 --> 01:13:25,890 | me because I said, don't eat it. I say to my son Caleb all the time. I'm like, Look, you've never complained about any of the things that you're going through |
| 384 | 01:13:25,890 --> 01:13:36,210 | right now. And that's exactly how I was. I didn't complain that I had to stay within earshot. That had to be right around the corner to take my grandmother to |
| 385 | 01:13:36,210 --> 01:13:43,470 | the bathroom because she couldn't walk. I didn't complain about that. I just thought that's what I had to do. What was I going to compare it to? I didn't |
| 386 | 01:13:43,470 --> 01:13:57,960 | have anything else to compare to. Just like Caleb so now he has the right mindset that all my children, he has the right mindset. He has worked menial |
| 387 | 01:13:57,960 --> 01:14:09,630 | jobs in me. Nothing hates his friggin career. Okay, because it's not even a career. He barely gives him any money. His back hurts every single day. And he |
| 388 | 01:14:09,630 --> 01:14:26,940 | wants to finally do his own thing. That's the fertile mind that I need. He knows what it tastes like to be living like that. He never one time. complained that. |
| 389 | 01:14:27,180 --> 01:14:43,470 | Can you just do this for me? He's never asked me for anything. He's never done that. Other kids always ask. That's not my guess. But Caleb wants to just be |
| 390 | 01:14:43,470 --> 01:14:56,700 | able to earn enough money to not worry about money. He's not even trying to be rich. And that's how you get rich. Folks, you get rich when you don't try to get |
| 391 | 01:14:56,700 --> 01:15:08,490 | rich. When you do something With with passion that you want to do well, because you enjoy it and you love it, you need to make trading like that. And that |
| 392 | 01:15:08,490 --> 01:15:16,920 | starts by doing analysis and loving the analysis, back testing, reading price charts, and just poring over top of it and not finding anything else that would |
| 393 | 01:15:16,920 --> 01:15:20,910 | be more interesting except for your relationships. Because they're important, you got to balance that |
| 394 | 01:15:27,240 --> 01:15:40,980 | and go for it. But I asked him, I said, you know, I think you're in the right mindset. Now. I think you have gotten to the point where you're mature. And I |
| 395 | 01:15:40,980 --> 01:15:50,970 | think if you sit down with that, and literally watch the charts with me, I show you certain things, I believe you'll be able to do this, but I need to make sure |
| 396 | 01:15:50,970 --> 01:16:04,920 | that you bring your own personality into this. So character and to describe him. He's He's socially awkward. He's introverted, like I am. But if he's comfortable |
| 397 | 01:16:04,920 --> 01:16:18,030 | with like me, I'll just go on and on and shut up. Never. Okay, I stopped talking obviously. He seemed like, but if he's not comfortable, he won't speak at all. |
| 398 | 01:16:18,540 --> 01:16:26,730 | And that's how I am. I don't know something about something I don't talk about. My kids will tell you that though. If that's not talking about hidden, we know, |
| 399 | 01:16:26,730 --> 01:16:35,970 | he doesn't know anything about that, because he's not saying anything. But it is not word, Bible, God. And I can talk and talk and talk and talk talk and never |
| 400 | 01:16:35,970 --> 01:16:46,410 | run out of anything else to say, and it's, it's honestly, I'm wired. He's like that. He hasn't had a lot of friends yet one friend. That's how it was, when I |
| 401 | 01:16:46,410 --> 01:17:01,860 | was younger, I had one friend, Sean, he, my son Caleb, he is not confident in himself. And he's unsure about a lot of the decisions that he's gonna make. And |
| 402 | 01:17:02,040 --> 01:17:13,020 | channels that in to his charting ideas, he doesn't want to do it wrong in front of me. So focusing on is fixing those issues, and it won't be an easy fix, it's |
| 403 | 01:17:13,170 --> 01:17:25,140 | going to take the rest of the year longer to overcome that. And you probably know what that feels like. Even if you're trading the smallest of leverage. You |
| 404 | 01:17:25,140 --> 01:17:35,580 | don't want to be wrong, not because you're in front of your father. But because being wrong sucks. But you need to have someone to remind you that being wrong |
| 405 | 01:17:35,580 --> 01:17:44,400 | is part of this. And it doesn't end your career. It doesn't stop you folks. It does if you over leveraged and you've overtrain and you just go crazy. Yeah, |
| 406 | 01:17:44,790 --> 01:17:54,240 | those individual incremental losing positions will take you out of the game. That's what I was teaching you this week. This is the kind of week, every single |
| 407 | 01:17:54,240 --> 01:18:04,890 | month that will do that to you. If you push too hard. You'll lose your account. Look through the tweets, saying Friday, regret. Not a lot of most of them is |
| 408 | 01:18:04,890 --> 01:18:13,500 | like this is great. This is awesome. But there's people in here that say, I wish I would have listened to you. And that's the person I'm talking to right now. |
| 409 | 01:18:15,450 --> 01:18:26,460 | I'm not talking to the person who already knows my stuff works and making money. I'm talking to the folks that are on the fence are about ready to throw in the |
| 410 | 01:18:26,460 --> 01:18:37,770 | towel, say I can't do this. No, you can. And you're not gonna quit. It is pitching. Pitching is part of it. I mentioned and quit so many times in the 90s |
| 411 | 01:18:37,770 --> 01:18:45,540 | I quit. Every three months I quit. I quit every single time until I had enough money to account. That's exactly what I was doing. I was quitting until I had |
| 412 | 01:18:45,540 --> 01:19:03,420 | enough margin above another account. So you know, that's addicted. And you have to be an addict in this to stick with it. Because cheerleaders don't exist in |
| 413 | 01:19:03,420 --> 01:19:14,280 | this. It doesn't work like that. You have to cheerlead yourself. You got to be the person that says, You know what, I'm worth doing this work. And it's doesn't |
| 414 | 01:19:14,280 --> 01:19:22,560 | seem conventional, it doesn't make any sense that you would expect to sit in front of these charts and look at these lines and expect them to be translating |
| 415 | 01:19:22,560 --> 01:19:35,730 | into income going into your bank account. But guess what, folks? That's exactly when you do it, right. That's exactly what happens. But, but if you do it wrong, |
| 416 | 01:19:35,850 --> 01:19:44,340 | and you will do it, I do it wrong. You're gonna do it wrong. Or sometimes the markets just gonna suddenly do something that you didn't expect. And guess what |
| 417 | 01:19:44,370 --> 01:19:54,180 | that usually happens for me, so that's the reason why don't treat it. Very simple way. I don't know why it's hard for me to get that logic because I don't |
| 418 | 01:19:54,180 --> 01:20:03,090 | have an edge and there's been there's days you might congratulations, kudos to you. I'm not knocking you If you can, I'm not here to lie, you're trying to size |
| 419 | 01:20:03,090 --> 01:20:06,120 | up anybody because you made money on Thursday, probably. I don't care about that. |
| 420 | 01:20:13,500 --> 01:20:27,090 | But my son, because he's indecisive, because he's unsure about himself. I'm kind of like guiding him into a model that seeks five points. And again, I gave an |
| 421 | 01:20:27,090 --> 01:20:40,110 | example someone asked him on Twitter. What does that mean? I said for like he wants to trade just even s&p, which is he's already tasted, as that moves a |
| 422 | 01:20:40,110 --> 01:20:53,910 | little too quick for him doesn't like that, this movement. He'll likely later on. But right now, he has a little bit more subdued, but it can be wild and it |
| 423 | 01:20:53,910 --> 01:21:07,080 | needs to be but five points in the morning would be like buying it for one even or 4100 on the s&p, and then having a limit order to sell it at 4105. So you |
| 424 | 01:21:07,080 --> 01:21:20,610 | would get five points, times $50 on one contract to enter the box. So I'm trying to get him a model that repeats that once in the morning, afternoon. He's going |
| 425 | 01:21:20,610 --> 01:21:30,960 | to be going in every single day looking for it. But it has to have certain roles and expectations. And once we settled in on that, I promise you, I will share |
| 426 | 01:21:31,140 --> 01:21:43,530 | what he's doing. Because I'm gonna tell you what he's made with it. So there's not a demo account. Okay? If we have to use a different broker, and say, like, |
| 427 | 01:21:43,530 --> 01:21:56,340 | say he closes his account, I'm going to make their statements that he gave me, I'm gonna give him the forum with me. The shoulder, so they're not stalking. |
| 428 | 01:21:57,060 --> 01:22:06,750 | Okay, but to keep his account open, let them sleep at night by not cursing him while he's trading with them, that he won't do it. But I don't need to make |
| 429 | 01:22:06,750 --> 01:22:18,570 | anything photoshopped or fake. I'm gonna Photoshop something. I'm gonna Photoshop. A mustache or a beard. Something stupid trading. I don't need to make |
| 430 | 01:22:18,570 --> 01:22:24,900 | anything fake about that. Okay, I can do it. And just like you're learning, you're gonna learn how to do it. And it's fun when people doubt you. I know. |
| 431 | 01:22:25,410 --> 01:22:36,210 | Danny young guys want to go out here and just smash everybody's head. You ever asked yourself why you want to do that? Why? What is it about because some of |
| 432 | 01:22:36,210 --> 01:22:47,010 | you really want to go out there and do mainly venting. Like, I need you to defend my honor. I don't need any, I enjoy it. Bottom line is this. If you feel |
| 433 | 01:22:47,010 --> 01:23:00,750 | like you gotta go out there and prove yourself. Listen, folks, this is for the young guys. And Danny, this is YouTube. You were scarred. Some time in your |
| 434 | 01:23:00,750 --> 01:23:22,110 | life. You had something cut you so bad that you had something taken from you. Somebody that you loved. Cut you so deeply. That now you have a wound, that |
| 435 | 01:23:22,110 --> 01:23:35,070 | nothing can fill it except for you, proving to them that you are better than they thought you were. You were worth more than they thought you were and then |
| 436 | 01:23:35,160 --> 01:23:45,510 | hurt you. And you want to prove it to them. But because you can't prove it to them. You're going to prove it to anybody and everyone that gets in front of |
| 437 | 01:23:45,510 --> 01:23:52,470 | you. And I tell you this because that's how I live my I can't |
| 438 | 01:23:58,200 --> 01:24:02,850 | wait to see it again and then embrace it and Tang and this cube |
| 439 | 01:24:08,490 --> 01:24:09,240 | is proud of me |
| 440 | 01:24:14,880 --> 01:24:31,740 | I hear his words every day in my head. And it was hard growing up under him because he was strict. But it shaped me into who I am. And because I can't |
| 441 | 01:24:31,740 --> 01:24:50,340 | satisfy that urge to prove to him that he did good on me. When I was younger, I Flextone everybody, everybody for it and I'm about to turn 50 In a couple of |
| 442 | 01:24:50,340 --> 01:25:05,970 | weeks and it's weird when you start looking at that each and so young guys don't think it's gonna happen to you anytime. It's quick, you get here real quick. You |
| 443 | 01:25:05,970 --> 01:25:14,820 | start looking at things differently. And things don't matter. Like they feel like they matter for you right now. I get here and do all kinds of things, |
| 444 | 01:25:14,820 --> 01:25:28,350 | folks. But when you're done doing it, pay out isn't nowhere near as much as you expected it to be. And the bottom line is this, nobody cares. Nobody cares. So |
| 445 | 01:25:28,350 --> 01:25:39,000 | really, you're just doing it for yourself on reasons that aren't really worth it. So if you're in trading, to prove yourself worth somebody else, if you're |
| 446 | 01:25:39,000 --> 01:25:51,480 | doing it wrong, you're going to do it wrong. Because of that, you're going to try to push too hard when you shouldn't. You're not going to follow the rules, |
| 447 | 01:25:51,510 --> 01:26:04,410 | because you have a vendetta, you have something to prove. When it's a process that you have to follow, not going to prove something to somebody else. No. |
| 448 | 01:26:05,190 --> 01:26:16,320 | Because if you follow the process correctly, they'll trust me. If they're paying any attention to you, they'll notice it did remind them of it. That's wisdom |
| 449 | 01:26:16,320 --> 01:26:26,430 | that comes when you start getting older. I didn't have that as a 20 year old. I don't care what people think of me anymore, because I live my life. I live my |
| 450 | 01:26:26,430 --> 01:26:37,830 | life, I live my life, I've done things that no employer could have gifted me with bonuses and salaries that wasn't gonna take me to a point where I can |
| 451 | 01:26:37,830 --> 01:26:47,310 | afford things I have now. And I had a skill set that new college would ever teach you. And guess what? institutionalized at this college, it's free day, |
| 452 | 01:26:47,760 --> 01:26:59,310 | there's no financial aid needed. It's show up and put the work in. We don't get the plumbers around here. Your diploma is your account, bro. And that's it. |
| 453 | 01:26:59,310 --> 01:27:08,310 | That's your GPA, you want your GPA to be high. You work at that. Nobody gives that to you. You earn it here. And when you earn it, nobody can take it from |
| 454 | 01:27:08,310 --> 01:27:14,370 | you. Nobody can minimize it. Nobody can make fun of it. Nobody can talk down to you at all. |
| 455 | 01:27:16,860 --> 01:27:31,020 | When and that is what I'm trying to do with my son Taylor. Because I know I'm going to turn this boy into a savage. I'm going to make this motherfucking boy, |
| 456 | 01:27:31,320 --> 01:27:44,100 | so monstrous, he is absolutely going to rip the shit out of these markets. There ain't going to be nobody is ever going to be able to step this boy. Nobody and I |
| 457 | 01:27:44,100 --> 01:27:53,820 | guarantee you I'm putting my fucking life on this. My son's fucking name is going to be on the historical board of that Latin province cup. And he's gonna |
| 458 | 01:27:53,820 --> 01:28:06,900 | fucking destroy Larry Williams. About that. Caleb Huddleston is gonna pick up Larry Williams record. You know without celebrate like a motherfucker. I'm gonna |
| 459 | 01:28:06,900 --> 01:28:15,900 | livestream that shit. When they fucking do the audit. He's gonna do it. He's gonna fucking do it. And I'm gonna shove that straight up your fucking answers |
| 460 | 01:28:15,900 --> 01:28:22,530 | you motherfucking trolls and I'm gonna login bit of it. I'm gonna be the proudest Papa you've ever fucking seen. I'm gonna be prancing around a fucking |
| 461 | 01:28:22,530 --> 01:28:30,690 | peacock and a fucking thing you can do about it? You ain't gonna stop it if you keep your fucking beating you fucking join it. You join it i Guaran fucking tee |
| 462 | 01:28:30,690 --> 01:28:34,230 | you you will never even come fucking close |
| 463 | 01:28:39,390 --> 01:28:46,140 | like a crescendo it's common until next time |
| 464 | 01:29:04,260 --> 01:29:04,500 | okay, |