014-ict-tw-spaces-20220922-September-2022-FOMC-discussion-shortened
Outline
00:39 - Today’s Topic: FOMC.
02:47 - The importance of getting the film early on -.
09:16 - You don’t need these big FOMC days.
12:29 - There’s nothing in these markets that would warrant being bullish.
19:47 - Chasing price is the only big moves.
23:33 - Don’t chase the frenzy.
28:41 - The problem with chasing cars -.
32:05 - You’re not beating me, you’ll get back up.
39:07 - Hold yourself to a higher standard unless you show you’ve done something wrong.
42:13 - Why you have to respect the fear you have -.
48:17 - You’re going to have these big moves, extrapolations in one sidedness -.
51:21 - Why I make the videos the way I do -.
59:45 - You’re trying to get to the point of consistency.
01:06:12 - If you don’t master yourself, you’re going to fail.
01:09:54 - What are you looking for in a bear market?
01:16:08 - You have to say “this is bullshit”.
01:17:17 - You want to be able to pay for shit you can’t afford.
01:24:40 - What the hell is he talking about?
01:27:04 - How much would you be willing to pay for this skill set?
01:33:08 - Why chat rooms are a toxic wasteland -.
01:37:27 - Why you have to be willing to learn from your mistakes -.
01:44:26 - Don’t be afraid of failure.
01:48:25 - Don’t try to make a lot of money -.
01:55:09 - Don’t push too hard. You have to have rules.
02:01:30 - Did you lose your job because of that? Did your whole household come unglued?
02:05:10 - You have to be able to manage yourself responsibly.
02:12:56 - What type of individual are these young guys attracting?
02:16:42 - You’re only worth special attention and adoration if you do it all wrong.
02:22:58 - “Crazier” vs “vulgar”.
02:25:29 - I haven’t murdered anyone, but I’m addicted to drugs.
02:32:35 - I knew I was going to fail, and I did everything I could.
02:35:12 - Why you don’t need to do the things you’re trying to do for image proof.
02:42:54 - Be mindful of where you receive it from -.
02:46:14 - The importance of having a mentor -.
02:53:01 - How do you justify looking for perfection when perfection has been shown to you? This is the market.
03:00:35 - How fast our community has grown without any marketing whatsoever.
03:04:28 - Give me the understanding like it was presented to me for a reason.
03:12:49 - When you put your over-leveraged trade on without a stoploss -.
03:16:05 - Getting out of your own way and following the rules.
03:23:33 - The power of this information and how to use it.
03:27:16 - Being pacified by these young men.
03:33:44 - The only day that I didn’t have him was on Thursday nights -.
03:37:16 - When you’re a child, you keep hearing negative shit, it’s going to be a memory.
03:44:01 - His life with his wife now.
03:47:43 - “It’s worth it”.
03:55:37 - They’re diminishing you by doing what they are doing -.
Transcription
1 | 00:00:00,359 --> 00:00:09,119 | ICT: Folks, should I be trying not to go too long and to this one? So anyway, today we had FOMC. As a reminder, I know a lot of you are coming in at different |
2 | 00:00:09,119 --> 00:00:19,559 | times, finding this community and discovering, I am wondering who the hell I am. Why am I doing all this? And it's easy to get caught up into thinking, Well, you |
3 | 00:00:19,559 --> 00:00:28,079 | know, he's probably trading FOMC today, and doing the morning session trading this and trading that. Actually, I wasn't, I didn't do anything this morning. |
4 | 00:00:28,349 --> 00:00:37,229 | FOMC is a high impact news driver that you can get caught up real easy. And as I alluded to, on my tweets a little while ago, before coming on to the live |
5 | 00:00:37,229 --> 00:00:47,669 | stream, that in 1993, I blew out a few accounts that year, that was my second year of trading, I had just a single day event of trading 99 to my very first |
6 | 00:00:47,699 --> 00:00:59,399 | soiree into trading with your Kraken. And I took a few months off and then started in 1993. And came to a shocking discovery that certain days of the month |
7 | 00:00:59,639 --> 00:01:10,379 | weren't that good for what I was trying to do, which was guest. So as a young 20 year old, I was baptized in buyers with manipulation. And I got really |
8 | 00:01:10,379 --> 00:01:16,739 | interested in trying to figure out what that day was going to do. And I subscribed to all kinds of things back then I bought books, I signed up to |
9 | 00:01:16,739 --> 00:01:26,789 | services, 900 numbers that were going to tell you what that report was going to do. The night before, it never panned out, there was always a resulting blown |
10 | 00:01:26,789 --> 00:01:35,339 | account, or major drawdown, or just simply never getting the film. Early on, I didn't have any experience where it was positive trading these types of days. |
11 | 00:01:35,429 --> 00:01:43,169 | But I got caught up with thinking I was going to figure it out, you know. And I wanted to try to capture all the moves like the up down and know exactly what |
12 | 00:01:43,169 --> 00:01:53,669 | was going to happen. And years later, I discovered that I didn't need to do those training days at all. And later on. I'm talking like 10 years later, I |
13 | 00:01:53,669 --> 00:02:03,929 | discovered how these algorithms that are utilizing these marketplaces, how they implement certain things that I've made, you know, discussions about over the |
14 | 00:02:03,929 --> 00:02:12,929 | years, fine. So you can kind of like see what it is that they do, and how they behave. And it's not important for me to try to trade in the morning. I mean, I |
15 | 00:02:12,929 --> 00:02:23,189 | can it had a really nice, fair Vega, and it performed very well. And that's going to be times where it simply does that. And that's also what caught me when |
16 | 00:02:23,399 --> 00:02:33,389 | I was first starting to learn how to trade and makes 90 993 I believed that I could trade every swing high and low. If I just figured out what those other |
17 | 00:02:33,389 --> 00:02:41,669 | guys knew. And the other guys at the time, I was thinking were the people that were writing books, the same books that were selling for $20.20 $5 they were |
18 | 00:02:41,669 --> 00:02:50,639 | gonna give me the secrets to the marketplace, making it so accessible for low low price of what would costs really for a two liter bottle of soda in a large |
19 | 00:02:50,639 --> 00:02:53,699 | pizza from Papa John's now, that's not a plug for play. |
20 | 00:02:55,260 --> 00:02:57,540 | He's got he's got he's doing ads now and stores |
21 | 00:02:57,660 --> 00:03:08,580 | the move today. I didn't get back into a house until Good grief. It was like a minute or two right before two o'clock, my local time. And I sat down with my |
22 | 00:03:08,580 --> 00:03:16,080 | youngest son, I told him the watch would happen. And I was expecting it to drop down which it did. And then I told him I said look, it's gonna run up air and |
23 | 00:03:16,080 --> 00:03:23,130 | take out the relative Eagle highs and go back to bearish breaker. Now, he doesn't know what a breaker is. And I haven't had the time to point to it. But |
24 | 00:03:23,130 --> 00:03:32,160 | if you look at your five minute chart, you'll see that the rally up it might ravens that bearish breaker, once it did that, then it started to sell off. And |
25 | 00:03:32,160 --> 00:03:40,770 | then I set the recording up. So you could see me do the live execution, if there's going to be a heavy impact news driver, like FOMC something to the |
26 | 00:03:40,770 --> 00:03:51,510 | effect, you want to kind of like limit your trading to the three o'clock hour local time. Because what you have is the added benefit of a normal day that take |
27 | 00:03:51,810 --> 00:04:00,240 | any other day except for FOMC or, you know rate announcement type thing that usually releases around two o'clock and the follow up conference is 230 in the |
28 | 00:04:00,240 --> 00:04:12,900 | afternoon. So FOMC is really like a two stage event. It's likened to many times where I refer to like a terrorist. Okay, here's can take a bomb market small |
29 | 00:04:12,900 --> 00:04:26,370 | charge off creates excitement, and everybody's gonna run away from where that bomb is. Right? So the marketer and when you're in a larger charge itself, this |
30 | 00:04:27,000 --> 00:04:43,260 | if you look at what takes place, it's also talked about in mentorship from from MC, everything was so it's not creating a new yarn. Okay, spinning new basically |
31 | 00:04:44,070 --> 00:04:55,020 | told you today with this rental with Fourcade clarity, it's real hard to argue kind of stuff but live executions. Okay, granted, there are some of you that are |
32 | 00:04:55,020 --> 00:05:02,970 | saying no, really satisfy all the trolls nothing's gonna satisfy nothing If nothing is gonna satisfy them, because that's the only way they're getting |
33 | 00:05:02,970 --> 00:05:10,530 | traffic. So no matter what I do, if I keep a dialogue going with these types of things, it just makes them irrelevant. Okay interested in making trolls |
34 | 00:05:10,530 --> 00:05:18,960 | irrelevant. So, but the idea or argument is, if you just did this for a week, you did just, you know, live sessions every day traded the market, called the |
35 | 00:05:18,960 --> 00:05:26,130 | market did this did that it would quiet all the trolls No, it wouldn't, it wouldn't do that at all. And I'm not interested in doing that. And I know you |
36 | 00:05:26,130 --> 00:05:34,140 | don't like hearing that, but already proved enough for you to go in and find your own results. Find your own proof. Once you have that. And, you know, that's |
37 | 00:05:34,140 --> 00:05:42,720 | why I'm here. If I wanted to be a big celebrity, and having people follow everything I say, on YouTube, live streams and such, I would do that. But that's |
38 | 00:05:42,720 --> 00:05:52,380 | not my interest. I kind of like want to wind down. Like I'm, I'm kind of like giving you my farewell like this is we're at the end of this, okay. And what |
39 | 00:05:52,380 --> 00:06:04,410 | that means is I kind of like want to backpedal into my privacy again. And I know that doesn't sound fun, it doesn't sound exciting, or happy. But I promise by |
40 | 00:06:04,410 --> 00:06:12,630 | the end of this year, before we even get into December, you'll have more than you'll ever need. And will I do YouTube videos, I'll probably put up a couple. |
41 | 00:06:12,840 --> 00:06:22,020 | I'm not going to be like this, obviously. But you don't need these big FOMC days, you don't need me calling the moves. You don't need those things. And if |
42 | 00:06:22,020 --> 00:06:29,010 | you think that it's simply because you haven't been doing it long enough, and you're growing comfortable, you're getting real comfortable. hearing me tell you |
43 | 00:06:29,010 --> 00:06:36,810 | things that make you feel good, that inspire you. And there's enough videos where I've done that, I'm not you don't need that you need to roll your sleeves |
44 | 00:06:36,810 --> 00:06:45,690 | up and study. And these things will come to you. But I made a reference today, or this evening, how in 99 Three, where I got slapped around a couple times from |
45 | 00:06:45,690 --> 00:06:46,110 | that mistake. I |
46 | 00:06:46,110 --> 00:06:56,250 | think I blew three accounts that year. And they were all FOMC days. And I didn't learn my lesson. The first time, I didn't learn the lesson the second time. And |
47 | 00:06:56,280 --> 00:07:02,430 | to be honest with you, I really didn't learn a lesson on the third one either, because I tried to do the same stupid stuff. The very next month, with even less |
48 | 00:07:02,430 --> 00:07:09,900 | was impatient about trying to save up to get to put into the account. So not up in the excitement of seeing leaves like this, especially if you're coming home |
49 | 00:07:09,900 --> 00:07:21,540 | from school, or waking up in your local timezone and seeing what transpired over the time, where FOMC hit the marketplace and get this fear that that was the |
50 | 00:07:21,540 --> 00:07:30,720 | only move that could have ever catapulted you into profitability or or successful trader. And it's all about what I mentioned in the last Twitter |
51 | 00:07:30,720 --> 00:07:39,990 | space, you're trying to condense your entire career into one transaction, one trading day one event. And that is a problem. And that is like the largest |
52 | 00:07:39,990 --> 00:07:50,640 | testimony to someone that is brand new. Because I did that with every single trade. When I first started, every single trade and my first three years in the |
53 | 00:07:50,640 --> 00:08:02,430 | 1992 1993 1994. They were all make it or break it trading individual Olympic feats, I was trading with the maximum leverage, the largest trading position I |
54 | 00:08:02,430 --> 00:08:11,460 | could put on, and literally just static price alone would have taken me out. And you can't trade like that on a day like this. Because if you give your neck to |
55 | 00:08:11,460 --> 00:08:21,480 | the marketplace, it'll cut it. It'll cut it and you don't matter to this market, like your ears. You're irrelevant. All of us are, there's so much money to be |
56 | 00:08:21,480 --> 00:08:31,590 | taken on days like this. And that's why you see such a wide swing up now. And then the real move takes place. And there's nothing bullish about equities. |
57 | 00:08:31,590 --> 00:08:41,730 | Right now, stocks are not in a position to rally. There's nothing in these markets that would warrant being bullish, holding new buying long, trying to |
58 | 00:08:41,730 --> 00:08:50,850 | catch a bottom. There's nothing there, folks. Let's just talk about it briefly in the scope of fundamentals. Okay, we have soaring inflation, which they wanted |
59 | 00:08:50,850 --> 00:09:00,270 | to die, they only inched up a little bit according to Biden, interest rates are rising, that makes it very difficult for equities to rally. And usually stock |
60 | 00:09:00,270 --> 00:09:10,170 | market doesn't like higher interest. And we're in traditionally, the September and October timeframe usually starts to see the market drop down. Now, |
61 | 00:09:10,350 --> 00:09:19,530 | generally, that's an exciting time. And I teach, as you'll see in a couple weeks, where I talk about stock trading, and how you can go and pick stocks and |
62 | 00:09:19,530 --> 00:09:27,210 | such. You don't have to be a forex trader under me, you don't have to be a futures trader under me, you don't have to be a bond trader under me. You can |
63 | 00:09:27,330 --> 00:09:36,690 | trade stocks, you can do stock options. And I talked about how, if you're going to focus on that asset class, there are certain times of the year and if you |
64 | 00:09:36,690 --> 00:09:44,460 | focus on don't trade a lot, I believe and I think that you'll see that there's some validity to what I'm about to show you in a couple of weeks. When we get to |
65 | 00:09:44,460 --> 00:09:54,180 | that stage or that month of core content. You'll see that there's opportunities here as well, like this October lows, maybe in the first week, so November |
66 | 00:09:54,180 --> 00:10:08,940 | sometimes there's follow energy using some kind of accumulation that takes I don't see that this year. I don't know where the low is. But one of my friends, |
67 | 00:10:09,450 --> 00:10:19,110 | apparently he was talking about the new Eclipse property weapon has done business properties. Properties and districts, isn't it I live in Southern from |
68 | 00:10:19,170 --> 00:10:28,050 | this guy calls me a couple of days ago. And I don't know what format I'm gonna sell. And so our mutual friend apparently ended up talking to him like, almost |
69 | 00:10:28,050 --> 00:10:37,020 | 90 minutes. Now he's recording the phone call because you hear this every 30 seconds, so I'm not sure what that gave me. So he's like, Yeah, I've been |
70 | 00:10:37,020 --> 00:10:49,020 | trading stock options for over eight years. Sound so telling me this and like to pick your brain they sleep? So I get the time because he mentioned our rent. |
71 | 00:10:49,260 --> 00:10:58,800 | Alright, so I want to say mutual friend is this, somebody that familiar with we didn't go to school or anything like that he's not a market person, something to |
72 | 00:10:58,800 --> 00:11:07,740 | that effect. It's just, you know, another entrepreneur out there, I'm friends with and this guy says to me, you know, what do you think's going to happen in |
73 | 00:11:07,740 --> 00:11:17,220 | the marketplace? So I said, Well, let's go down a checklist of things here. Interest rates are higher, inflation is higher. Consumer Sentiment sucks. And |
74 | 00:11:17,220 --> 00:11:20,280 | things aren't really good right now. Everything is too high. |
75 | 00:11:21,330 --> 00:11:32,670 | I've spent tons of money on automobiles, and I know overpaid, I don't care my kids and, and overstating the vehicles, so I can't, I can't get them to be |
76 | 00:11:32,670 --> 00:11:40,110 | cheaper than what they are. So you got to pay what the market price bears. So it is what it is. So I went through this whole list of things explaining why I |
77 | 00:11:40,350 --> 00:11:48,480 | personally don't think that there is a very different way than stock or buy stock right now. And I'd is pretty wide open. And so I guess he kept pushing and |
78 | 00:11:48,480 --> 00:11:59,640 | pushing out that sama said no. SMP 2900. Very good. So do I think that 2900 is going to happen, like, in the next week or so because he was expecting me to, |
79 | 00:11:59,760 --> 00:12:06,960 | you know, cosign on this month, like he wanted to see something like that, in a week, he's talking about how he's gonna buy really, really far out the MGS, you |
80 | 00:12:06,960 --> 00:12:17,160 | know, and that time horizon is like February for me, like I can go there sooner it could fail, never go there, too. So just be mindful. What I'm saying, I'm |
81 | 00:12:17,160 --> 00:12:25,620 | just talking off the cuff talking to somebody I've never met before. But he basically tried to pin me down, what do I expect? So we have like a perfect |
82 | 00:12:25,620 --> 00:12:33,060 | storm, you know, we have perfect storm of all these things happening, you know, you have the whole global reset thing. And that's another discussion on that |
83 | 00:12:33,060 --> 00:12:42,630 | time. But all these things are in place. We have midterm elections in the US, all kinds of tomfoolery going on, and they're trying to get a civil war started, |
84 | 00:12:42,900 --> 00:12:53,610 | whether you like it or not, they're doing everything they can to stoke the fires of division. So nothing here, there isn't one thing that bodes well, for stocks |
85 | 00:12:53,610 --> 00:13:03,690 | going higher, it's all lower. And if we start seeing days where the circuit breakers start kicking in, and what that means is, if the averages dropped down |
86 | 00:13:03,690 --> 00:13:12,270 | a percentage, then they stopped trading for a little while. And then they call down the market. They're intended to do that. But what it does is, it actually |
87 | 00:13:12,300 --> 00:13:21,840 | creates more panic and fear. And that's just going to speed up the process. And then on Sundays, we're gonna start seeing really extreme gaps, those being |
88 | 00:13:21,870 --> 00:13:30,540 | lower. That's what I foresee coming. That's what I see happening. And it's just going to feed on itself, and that fear and anxiety, all those types of things is |
89 | 00:13:30,540 --> 00:13:39,270 | just going to accelerate. So long story short, I'm not bullish on stocks, I'm not bullish on the stock market. The averages are anything, but there's a lot of |
90 | 00:13:39,270 --> 00:13:49,410 | things that happen in days, like FOMC, where you get stuck on this idea. Like this is the only big moves that can happen. You know, I gotta trade Non Farm |
91 | 00:13:49,410 --> 00:13:58,500 | Payroll, I gotta trade FOMC or I can't make money. And I'm gonna tell you how when I was eventually making some money early on, still not really knowing what |
92 | 00:13:58,500 --> 00:14:10,020 | I was doing. Then we're talking 1994 Like the first part of 1994 where I was trying to go in and engage these events. I wanted these big days because when I |
93 | 00:14:10,020 --> 00:14:19,410 | was chasing as a new trader, having no real idea when to buy as the markets dropping, I wanted to see it rally. And you see these guys on YouTube, they're |
94 | 00:14:19,410 --> 00:14:28,860 | out here today talking about how Yeah, well you know, this market after FOMC and it starts running is tearing off. I'm calling the buy. I'm calling the sell. I'm |
95 | 00:14:28,860 --> 00:14:35,700 | trying to do this I'm getting all my subscribers we did this we did that. You chase price, congratulations. I did that to a lot when I was 20 years old. And |
96 | 00:14:35,700 --> 00:14:44,280 | these big ranges that explode and keep going and going and going. These are the same days where traders will go on Twitter. You are my students don't think that |
97 | 00:14:44,280 --> 00:14:53,160 | I don't know this. Listen carefully, because I'm gonna start calling you guys out. If you say I took the same trait ICT high five and understand that liking |
98 | 00:14:53,160 --> 00:15:00,330 | those posts, because I'm gonna be honest with you. I think most of you are full of shit. I think you're lying. Okay, I think you're lying to yourself. off and |
99 | 00:15:00,330 --> 00:15:11,490 | you're lying to other people. And me, because if you did it, you don't. Anybody else that does it, they show it. So don't wrap yourself up with bullshit. Nobody |
100 | 00:15:11,490 --> 00:15:20,400 | wants to hear bullshit, nobody wants to see bullshit. And if you chase that feeling of providing that opportunity for a dopamine hit for someone like me, or |
101 | 00:15:20,400 --> 00:15:27,540 | anyone else likes your post, when you say, I took the same trade as ICT, but you've done nothing but draw lines on the chart, or not even done that you just |
102 | 00:15:27,540 --> 00:15:36,930 | say I took the same trade, I can't cosign anything that, you know, trying to be rude to any of you, okay, but I try to be as real as I possibly can and hold |
103 | 00:15:36,930 --> 00:15:44,640 | myself to a standard that is above everyone else. So if I'm going to tell you, I did something, I'm going to show you how I did something. If I tell you, it's |
104 | 00:15:44,640 --> 00:15:54,000 | live, it's live. If I tell you, hey, you know, I messed up, you know, here's what I did wrong. I didn't do it, to start and say, oh, yeah, I'm gonna pretend |
105 | 00:15:54,000 --> 00:16:03,900 | I took a loss, I did something wrong, okay. But when you see these big moves, like they had these big rally days, or decline days, you can go in and chase |
106 | 00:16:03,900 --> 00:16:12,360 | price, looking at a one minute chart or a five minute chart. And then what will happen is the examples, share it on social media, and the folks that like to |
107 | 00:16:12,360 --> 00:16:15,690 | champion themselves as you know, successful traders or whatnot, |
108 | 00:16:15,900 --> 00:16:25,380 | they'll go to an hourly chart, and they'll show the hourly candle. And it'll look like they sold the high that hourly candle, and then when they got out with |
109 | 00:16:25,560 --> 00:16:35,280 | one or two points, if that, then that's the exit, but it looks like it's at the farthest extreme of that one hour candle. So on the casual view, someone just |
110 | 00:16:35,280 --> 00:16:44,700 | going through and seeing that and saying, Hey, high five, I'm killing it with ICT, you know, every week, every day, it won't stop. I just can't, I can't, I |
111 | 00:16:44,700 --> 00:16:54,450 | can't like those kinds of posts, folks, okay. Because I know that shit goes on in our house, and everywhere else. And I've never been a supporter of that. I've |
112 | 00:16:54,450 --> 00:17:05,370 | never been a supporter of that. I've never champion that stuff. So around here, we don't blow smoke. Okay, we hopefully don't need to do those things anymore. |
113 | 00:17:05,430 --> 00:17:13,860 | So if you didn't take any action in the day, then you took no action. There's no shame in that. I've told you not to do anything today. Not because there isn't |
114 | 00:17:13,860 --> 00:17:22,800 | an opportunity. But the majority of you aren't experienced have no idea what the hell you're doing. Now, coming into a marketplace, thinking, wow, this is gonna |
115 | 00:17:22,800 --> 00:17:32,130 | be a big move day. I'm gonna go in there and disregard everything. ICT said, because you know, I might get lucky today. Or I'm gonna go on somebody else's |
116 | 00:17:32,130 --> 00:17:41,700 | live stream and watch what they're doing. And get caught up in the frenzy. Let's go chase a market. And when you chase it, it's already moved. So far, the worst |
117 | 00:17:41,700 --> 00:17:51,750 | thing can happen is these jokers, get a little piece of that move. When you have the likelihood of retracement on a fast day like this, where it can move 2030 |
118 | 00:17:51,750 --> 00:18:02,430 | handles against you like that, then go where you thought was gonna go? Do you mean? Do you have the ability to sit through $50,000 in vacancy for losing |
119 | 00:18:02,430 --> 00:18:09,210 | trades? And again, you did it with your Live account? Because you're gonna try to chase somebody else doing that. I'm trying to protect you from stuff like |
120 | 00:18:09,210 --> 00:18:17,070 | that. But these guys that do this, and they say look at us right here. This is the move that took place. This is this is what we're looking at. This is what |
121 | 00:18:17,070 --> 00:18:26,370 | we're doing after everybody knew it. Why didn't you buy near the low? Why didn't you sell near the high? How much drawdown was you open to? Where's the |
122 | 00:18:26,370 --> 00:18:37,440 | execution? What was the rationale behind except for just chasing excitement. And see, in early, probably 1994, two instance square FOMC worked for me. And I |
123 | 00:18:37,440 --> 00:18:47,220 | changed the price. And I got such a small insignificant price movement in the grand scheme of things. But because I left that day with a net gain. Well guess |
124 | 00:18:47,220 --> 00:18:55,440 | what? My shit didn't stink no more. I could walk around parade around because guess what I just learned how to do. I kicked FOMC there. |
125 | 00:18:56,580 --> 00:18:57,960 | I'll see you next week, bitch. |
126 | 00:18:58,170 --> 00:19:07,800 | Now, that didn't work. It did not work. Okay, because what it did, it gave me this false sense of security and confidence that had no merit behind it. None. I |
127 | 00:19:07,800 --> 00:19:18,660 | convinced myself that this small little scrap, the least of the meat was enough reason for me to go back in because hey, if I got lucky, those two instances, |
128 | 00:19:19,200 --> 00:19:29,970 | they say third time's a charm. Oh, yeah. This time the meat was my ass. Okay, it was going off. I didn't learn my lesson. I did not learn my lesson. Until that |
129 | 00:19:29,970 --> 00:19:38,520 | one. That one said, Okay, I have no idea what the hell I'm doing. I've been doing this too little of time. And not consistent enough. I need to put more |
130 | 00:19:38,520 --> 00:19:46,440 | time behind what it is I'm trying to do. And these days just move too fast. Maybe I'll never be able to do anything with them. But at least for right now. I |
131 | 00:19:46,440 --> 00:19:54,510 | put it on the back burner that moved me to what Non Farm Payroll, Non Farm Payroll? Well, there's something different there. There was nothing different |
132 | 00:19:54,510 --> 00:20:04,500 | there. Okay, it was the same opportunity to have my ass removed from me. So because I lived this i And doored it for real, okay, I have fortunes lost |
133 | 00:20:04,590 --> 00:20:15,030 | because of this dumb shit. I'm trying to spare you and give your career, the greatest opportunity to survive it by not doing these dumb things, these dumb |
134 | 00:20:15,030 --> 00:20:24,270 | things that make it feel like it's the lottery. Yes, if you get, and it moves in your favor, which you will not hold the entire move, you're not going to hold it |
135 | 00:20:24,270 --> 00:20:32,910 | to the entire move, and the guys out there pretending that they caught this big monster move, they're not holding the entire time they're getting maybe if |
136 | 00:20:32,910 --> 00:20:39,630 | they're getting it all with a real count, they're getting small pieces of it. And they don't have any rationale behind why they're doing it. This is chasing |
137 | 00:20:39,630 --> 00:20:51,090 | cars. And the problem with that stray dogs chasing cars sometimes get ran the fuck are now I don't know where you've been for the last nine months or so. But |
138 | 00:20:51,090 --> 00:21:00,390 | I have been putting out information and content and concepts and structure to how you should conduct yourself as a defendant. You should not be in these types |
139 | 00:21:00,390 --> 00:21:09,840 | of markets trading my funds, period. And the story, you ain't ready. I don't give a shit. If that model that I gave you on YouTube is delivering for you and |
140 | 00:21:09,840 --> 00:21:17,070 | you've won FTM o counts and you're making real money with your FMO funded account or your trading with your Live account that you've put your own money |
141 | 00:21:17,070 --> 00:21:28,830 | in. You should not be touching FOMC days period shouldn't be doing it. Take a look at today, folks, I asked this on Twitter earlier, I said be honest, if you |
142 | 00:21:28,830 --> 00:21:37,200 | traded today, do you think you would have lost I'm telling you 99% of you would have. And that doesn't mean that I'm a terrible mentor, it doesn't mean that my |
143 | 00:21:37,200 --> 00:21:45,930 | concepts don't work, it doesn't mean that you're a bad student. It just means that the probabilities of you, any of you in this class that started in January |
144 | 00:21:45,930 --> 00:21:53,670 | this year, all this free content, all the stuff that I've been providing, you're not ready. And I've had this happen every year when I was doing private |
145 | 00:21:53,670 --> 00:22:01,650 | mentorship, I'd have these guys and gals come in, and they get real excited about something they just learned, okay, and they had the benefit of me calling |
146 | 00:22:01,650 --> 00:22:09,900 | when the markets gonna go before happens. I don't do that anymore, folks, by the way, but they seen how consistent I was. And they now seen a technique or an |
147 | 00:22:09,900 --> 00:22:20,280 | approach or a concept. And they think well, he's saying don't go in to these big days. But I have seen these market moves tear off, if I just get a small piece |
148 | 00:22:20,280 --> 00:22:29,910 | of that. Me and that'll really helped me with that credit card. You start putting all these stupid ass ideas together. And then how, man, I want to |
149 | 00:22:29,910 --> 00:22:38,280 | confess to him, I'm gonna send him an email, but he never fucking emails me back. I can never get a hold this guy. And it's true. Most people cannot get a |
150 | 00:22:38,280 --> 00:22:47,910 | response from me. And it's not because I'm an asshole or dick or trying to be an arrogant, pompous prick that nobody has an opportunity to hear from me. It's |
151 | 00:22:47,910 --> 00:22:56,400 | just there's too many of you to try to reach out to me. That's all. That's all. And because I can't do all that all day long. Most of the time, email me is the |
152 | 00:22:56,400 --> 00:23:04,890 | worst thing in the world. But these folks that suffer this kind of thing. They want to be assured that hey, look, you know, I made a mistake today. You know, |
153 | 00:23:04,890 --> 00:23:12,450 | maybe you believe your account. Maybe you lost your funded account. Maybe you completely did your ass and you just need to be encouraged. You need to be |
154 | 00:23:12,450 --> 00:23:22,980 | reminded, hey, look, come back from this. Yes, fuck saved man. I literally I don't give a shit. I lost my accounts in the beginning. You know? 20 years old. |
155 | 00:23:22,980 --> 00:23:34,140 | I'm glad I learned how to trade when I was 20. Because that arrogance that I had, and the obsessive compulsiveness, that tenacity of fuck you, you're not |
156 | 00:23:34,170 --> 00:23:38,310 | beating me, okay? You're kicking the shit out of me right now. But I'm gonna get back up. |
157 | 00:23:38,340 --> 00:23:45,210 | You're not keeping me down. You have to have that mindset as a trader. And maybe that's not the nicest way of putting it. I know some of you don't like to hear |
158 | 00:23:45,240 --> 00:23:52,950 | swear words. And I know you'd like to correct me and such. But yeah, folks, listen, we're all adults here. Okay. And we're talking about things that really |
159 | 00:23:52,950 --> 00:24:02,760 | hit hard, emotionally, psychologically. And I'm not going to sit here and pretend, okay, some sweet, sugary coated bullshit. So you can walk away feeling |
160 | 00:24:02,760 --> 00:24:11,130 | good, you need to have these types of reminders because it's too easy to talk yourself into doing dumb shit. Think about it. It's not limited to trading. It's |
161 | 00:24:11,160 --> 00:24:19,980 | everything. So don't these days and think to yourself, well, you know, big moves, I guess. You know, I get lucky and even catch a small piece. Because |
162 | 00:24:19,980 --> 00:24:28,020 | these big moves are sometimes forgiving production mistakes that are made on these days, and you're caught on side that means you're on the right side of the |
163 | 00:24:28,020 --> 00:24:34,860 | marketplace, not because of skills a bit. You have no idea why he did it, but you're on there, and it starts running off in your favor. And it scares the shit |
164 | 00:24:34,860 --> 00:24:41,970 | out of you. Oh, man, I've never seen 200 hours on my account before boom, get out of that. And then it rips even more. And you could have made what |
165 | 00:24:42,270 --> 00:24:51,270 | 1500 $2,000 So now what are you doing? Shit. Let me get back in here. Like it's gonna give you 2000 More and then does what roars against you. Runs you right |
166 | 00:24:51,360 --> 00:25:01,830 | over like a stray dog chasing the car. So you're left demoralized, regretting everything. You've probably blown your account or done such damage to it. Now |
167 | 00:25:01,830 --> 00:25:09,120 | you're scared shitless you're paralyzed, you're afraid to take the next trade. And you read these folks. And I feel sorry for him because they're, they're |
168 | 00:25:09,120 --> 00:25:17,910 | trying to get these FTM accounts too fast. I mean, I went through drawdown, and I laugh, I've 13 the fella that sent it to me today, he knows who I'm talking |
169 | 00:25:17,910 --> 00:25:25,470 | about. And I'm not beating up on you, okay? But if you blow this, it's not the end of it, dude. You're just trying to do it too quick, you're rushing, you're |
170 | 00:25:25,470 --> 00:25:35,400 | rushing like something magical is happening. Once you get that funded account, it's gonna get fucking harder. It's gonna get fucking harder. Hello. Now you |
171 | 00:25:35,400 --> 00:25:45,510 | have the money, when that money goes up and down, that success and failure in a monetary sense. Whereas in a demo or paper, you don't mean shit. You give it the |
172 | 00:25:45,510 --> 00:25:55,350 | value based on your ego and your pride, pride and ego is not equity. That's emotion. That's what that is, folks, that's emotion. And so many of you don't |
173 | 00:25:55,350 --> 00:26:04,830 | realize when you first start, you're trading emotionally. You're trading with emotional equity. And you think that that is limitless? No, it's not. Because |
174 | 00:26:04,830 --> 00:26:09,420 | you can trade yourself right into a position of insolvency. Wait a minute, |
175 | 00:26:09,690 --> 00:26:17,580 | how can I do that if I'm trading with fake money, scare yourself into thinking that this is never going to work for you. And you'll quit jacket dozens of times |
176 | 00:26:17,580 --> 00:26:25,500 | when I was younger, I call it quitting. But what I was doing is I was saving up more money to go back in again. Because that bug bit me and come hell or high |
177 | 00:26:25,500 --> 00:26:33,480 | water, I was going to swing through these markets like Ken Parker, and nothing was going on. But some of you aren't wired that way. And I understand. But |
178 | 00:26:33,480 --> 00:26:42,720 | you're also doing dumb shit, trying to do things that you are not capable of doing. And you may not like to hear people say that even me like it's |
179 | 00:26:42,720 --> 00:26:50,700 | discouraging when you talk to me. I had people in my mentorship literally tell me in emails. I don't like when you talk to consumers nice encouraged us. Yeah, |
180 | 00:26:50,700 --> 00:27:01,950 | that's, that's, that's nice. There's a time for that. But you paid, you paid to learn how to do this and overcome these problems. So when I give it to you, Mr. |
181 | 00:27:01,950 --> 00:27:10,440 | Receive it, that isn't going to feel good. That's the intended purpose. It's easy to feel uncomfortable. So you don't go in that, again, thinking this is |
182 | 00:27:10,440 --> 00:27:19,710 | normal. It's not normal to keep doing those things. And these days, like FOMC invite that area in a terrible opportunity for you to sit around and just think |
183 | 00:27:19,860 --> 00:27:26,550 | that it's going to be easier on these days. Because there's a lot of movement. No, you need to understand there's a whole lot of fucking risk on these days. |
184 | 00:27:26,640 --> 00:27:38,130 | Like you can do so much damage to yourself in such a short span of time. Look how fast folks Listen, your chart, pull up a one minute chart. And look how fast |
185 | 00:27:38,280 --> 00:27:47,910 | Emini, s&p, and NASDAQ free felt great when everyone's starting to tell QA? You really think you can fucking trade that? Right now? You think you have the skill |
186 | 00:27:47,910 --> 00:27:56,640 | set to do that right now? You don't. And you're not getting fucking filled. I sat there and scrolled through all of these clowns, man. Yeah, and look at my |
187 | 00:27:56,640 --> 00:28:05,160 | fill here, you didn't get filled on a real foreign account, okay? You're not getting fit. You're not, you are not getting filled at the two o'clock hour at |
188 | 00:28:05,160 --> 00:28:13,140 | the high. You're not, you can do that with a demo. That's not happening with a live account that's not happening. And these people that do that stuff, I don't |
189 | 00:28:13,140 --> 00:28:21,390 | even know why do you bother doing this shit. Like, it's not believable, you can't prove you did it. That picture of you putting the arrow there, or whatever |
190 | 00:28:21,390 --> 00:28:27,480 | the hell it is that you've done to make it look like you don't know that's not happening, then. Anybody that's ever traded with live accounts, knows that you |
191 | 00:28:27,480 --> 00:28:36,150 | are not getting filled like that period. You're not. And people like us see through that bullshit. And I see some of you in our community trying that shit. |
192 | 00:28:36,390 --> 00:28:43,200 | I'm just being polite, not saying anything about it. This is probably the first time you heard about it here. But I'm dealing it's that way you just stop. We |
193 | 00:28:43,200 --> 00:28:53,070 | don't need fakes, okay? You shouldn't be championing these fake ideas, hold yourself to a higher standard. I hold myself to a higher standard. Unless I show |
194 | 00:28:53,070 --> 00:29:00,810 | you I've done something. Assume it didn't happen. And I come to you with receipts every day. Sometimes I don't do something right. Sometimes the other |
195 | 00:29:00,810 --> 00:29:09,390 | day TradingView. And amp just didn't do what I was expecting to see happen. It's something completely out of the game. But like I said that I'm worried about, I |
196 | 00:29:09,390 --> 00:29:19,230 | mean, this should repeat. Look what happened today, meet up with what I would have done yesterday in interest to you can't make these impulsive decisions to |
197 | 00:29:19,230 --> 00:29:27,480 | trade on these big high impact days thinking that that's going to be the saving grace to your success. Like this is the only way you're going to make it. No. I |
198 | 00:29:27,480 --> 00:29:37,500 | mean, think about what I've done for my son. I told him I said, Look, you can do very well with four to five points just for five handles 16 to 20 ticks, okay. |
199 | 00:29:37,710 --> 00:29:46,080 | Say a lot of people ask him, you know, I mean, ticks around pointing or how many points are on a tick, or vice versa? One handle is one point. Each point, yes, |
200 | 00:29:46,170 --> 00:29:55,860 | is 50 bucks. There's four ticks in that point. For the hours. If it does tick. All you're trying to get is for to follow her four or five points in the morning |
201 | 00:29:55,860 --> 00:30:05,220 | session, or the afternoon. If you just do that one time a week. That's an extra grand a month less commissions. Now what would that do for you, some of you, |
202 | 00:30:05,370 --> 00:30:16,590 | that would really suck? What if you do some more mortgage payment, and maybe a utility, you're not doing a whole lot. But you gotta wait, can't be trading |
203 | 00:30:16,920 --> 00:30:29,070 | this, oh, let them do that this is actually something that, I think that that's something you got to work on. Because obviously she studied your FGM account |
204 | 00:30:29,070 --> 00:30:38,700 | your father, you've been making money, but your mantra from See, folks these days, don't burn me, I can do it wrong, do anything that will look wrong by my |
205 | 00:30:38,700 --> 00:30:50,220 | rules. And these days that have manual 100 miles apart. Don't walk around thinking that you're going to be able to come in here in time you want. And you |
206 | 00:30:50,220 --> 00:31:02,790 | just need to know that there's going to be a day where you try that shit. And it remove your head clean, you have to respect you have because this is a free |
207 | 00:31:03,030 --> 00:31:07,590 | trade today, are you sure you want to put that much leverage on history, because I was looking for |
208 | 00:31:07,770 --> 00:31:21,330 | a good buck ID and I look enough interest and messages and some of these payments. That's important for you, if you're trying to do these types of |
209 | 00:31:21,330 --> 00:31:32,130 | things, to know that it does not result in longevity, it ends with a very short career. Regret. And because you're going to want to do this, but you won't be |
210 | 00:31:32,130 --> 00:31:41,760 | able to because you're reading this toxic deal of yourself as a trader paralyze yourself with fear, you won't be able to connect trade, because you think I |
211 | 00:31:41,760 --> 00:31:51,090 | think about this long enough to say, Okay, put down the Xbox controller cool over if you're driving for a second, okay? You think these days are going to be |
212 | 00:31:52,080 --> 00:32:05,070 | all of your problems, you think the last batch, big movement is not see these days. They're designed to smash participants. They're designed to clean the |
213 | 00:32:05,070 --> 00:32:14,340 | markets, both sides, the sell side and buy something, it's designed to do that, that's what they use these days for sweeping up on both sides of the marketplace |
214 | 00:32:14,370 --> 00:32:24,510 | cleaning up, you can't, you cannot go into this thinking FOMC is going to be the basis of your entire career. Because I guarantee if you do that, you're not |
215 | 00:32:24,510 --> 00:32:33,090 | going to have the results you're looking for, you're going to have a terrible equity curve, you're going to have fear. And that fear that you now have adopted |
216 | 00:32:33,300 --> 00:32:41,190 | because of participating in these days where you're not equipped, you don't have the skill set yet. I'm not saying you can't have the skill set, obviously, I've |
217 | 00:32:41,190 --> 00:32:48,870 | shown it, but it took me a long time, will it take you the same amount of time, I don't know, you might get it faster. But I can tell you, none of you are ready |
218 | 00:32:48,870 --> 00:32:58,650 | to do that none of you are ready to but you're going to trade these days and develop fear and anxiety. Because the market moves real quick against you. And |
219 | 00:32:58,650 --> 00:33:06,870 | now here's what's going to happen tomorrow, or Friday or next week, there's going to be a bread and butter setup. And you might have the courage to get in |
220 | 00:33:06,870 --> 00:33:13,140 | there and take that trade that might happen, you might get in there, you might place your stop loss in there like you're supposed to, you may put your limit |
221 | 00:33:13,140 --> 00:33:20,520 | order in there and you might be marking off where you're going to take your partials everything is as it should be, but then it's gonna move one handle |
222 | 00:33:20,820 --> 00:33:28,560 | against you. And what's going to happen is your subconscious is going to revert back to what a day like today where you did something stupid, and you could |
223 | 00:33:28,560 --> 00:33:39,150 | trade on, and his son of a bitch took off running 1520 handles real quick. And you're gonna think normal every day bread and butter trading opportunity is |
224 | 00:33:39,150 --> 00:33:48,960 | going to have characteristics like that, there might be only moved. But your subconscious is gonna say, oh shit, your acid is gonna start pucker in May and |
225 | 00:33:48,960 --> 00:33:59,100 | your palms gonna start sweating all instantaneously. Because you're gonna think and expect 15 handles roaring against your position, when is so unlikely to |
226 | 00:33:59,100 --> 00:34:07,950 | happen. But you're thinking, you're thinking to yourself that, hey, I've experienced this. So I'm hurtin I don't want to be in that situation. Again, I |
227 | 00:34:07,950 --> 00:34:17,130 | don't wanna get caught up in a move like that. So that one handle or four ticks of drawdown in your trade. When your stop losses, four ticks, or I'm sorry, four |
228 | 00:34:17,130 --> 00:34:25,710 | points, what you're gonna do, you're gonna get scared of trade, you're gonna get paralyzed with fear with something that is not going to happen, like you |
229 | 00:34:25,710 --> 00:34:33,840 | expected in terms of magnitude. It could come back and stop Yeah, yes. But you're gonna start thinking oh, no, man, this thing is going to do what I saw do |
230 | 00:34:33,840 --> 00:34:43,440 | on that FOMC day that I was trying to trade because you filled yourself out with toxic experiences. That's why I tell you to paper trade or tape or today's |
231 | 00:34:43,500 --> 00:34:51,810 | because it'll give you experience where a resident with a fear or excitement because you didn't make any money, you didn't lose any money. You're getting |
232 | 00:34:51,840 --> 00:35:08,790 | experience reading the tape, and he starts coming to us and is full of shit. That stuff. So you're going to do these things on day to have these big moves |
233 | 00:35:08,790 --> 00:35:20,940 | these extrapolations, one sidedness. And you're fearful that you're offside doing. Sure. Now it goes against you for ticks, one handle one point in the s&p, |
234 | 00:35:21,210 --> 00:35:29,640 | and you don't trust that your stop loss is in the right spot. And you're thinking, Man, this is gonna tear off. And what do you do, you can't handle it, |
235 | 00:35:29,910 --> 00:35:37,620 | you can't walk away from the screens, because you have paid your stop loss to do its job. That's it, you that's what you're doing. When you put that order in |
236 | 00:35:37,620 --> 00:35:45,330 | there, it's to do its job to protect you. If the market goes to that position or higher, when you're short, get me out immediately. Now there's gap risk, always |
237 | 00:35:45,480 --> 00:35:53,190 | market gap. And that's what you're thinking might happen. Because you experienced something that you weren't prepared for, by trading FOMC days or Non |
238 | 00:35:53,190 --> 00:36:01,620 | Farm Payroll days. And you've seen these big, wild, crazy little moves, that won't, I shouldn't say little these big moves to happen real quick, sudden, |
239 | 00:36:01,920 --> 00:36:09,960 | these dramatic repricing is higher and lower. And now you're coming into the average everyday run a bread and butter setup day, and you're gonna get scared |
240 | 00:36:09,960 --> 00:36:10,230 | out of it. |
241 | 00:36:10,589 --> 00:36:19,079 | It's gonna shake you out of it. And you know what's gonna happen next, it goes right to where your target would have been to now, you you, not the market, you |
242 | 00:36:19,139 --> 00:36:29,129 | beat yourself, again, you're starting to flog yourself punishing yourself, because you have done something foolishly in the past trading in environments |
243 | 00:36:29,129 --> 00:36:37,889 | that you should not have fucking never touched. Not it's not because you didn't know better. I told you. And every single fucking month I tell you don't trade, |
244 | 00:36:38,129 --> 00:36:47,099 | don't do it. But like my own kids sometimes don't do this. Turn your head. We're doing the fucking shit you told them not to do. You have to learn from that |
245 | 00:36:47,099 --> 00:36:58,439 | pain. And then okay, disconnected, because of an FOMC day, a rate announcement day. That's not the same characteristic that would be seen in a new market day. |
246 | 00:36:58,709 --> 00:37:08,519 | But because you're not experienced, you're neophyte, and you've now created toxic thinking, because of rushing into a market move or day, like FOMC, or Non |
247 | 00:37:08,519 --> 00:37:16,319 | Farm Payroll, you have poisoned your perception of how price is going to deliver. And I know some of you're thinking, this guy nailed medium. That's |
248 | 00:37:16,319 --> 00:37:25,349 | exactly what the fuck happened to me. And I never really understood until now. Yes, I've done this to myself before. And it takes a lot of undoing the |
249 | 00:37:25,349 --> 00:37:32,549 | corrected. That means. That's why I tell you these things. That's why I make the videos the way I do. That's why I talk to you the way I talk to you. Because I |
250 | 00:37:32,549 --> 00:37:41,579 | have lived this shit, folks. I've lived it. I know how hard it is to fix the problems. But some of you just simply want to do the shit. And like, you know, I |
251 | 00:37:41,579 --> 00:37:50,249 | used this before, but never seen the movie Jaws. They're sitting on the boat. You know, like, Hey, where'd you get that scar from with this one? And each one |
252 | 00:37:50,249 --> 00:37:57,089 | of them are trying to top the next guy. Oh, yeah, I got this one because a tank ran over me in Vietnam. Oh, yeah. Well, this one did this one. And that's, you |
253 | 00:37:57,089 --> 00:38:06,359 | know, you all want to be able to say, Yeah, I suffered like ICT. Like, it's some kind of a fucking club, you want to be a part of, I don't want you to have the |
254 | 00:38:06,359 --> 00:38:13,559 | same kind of shit that I went through. Why would you want to do that? Don't you want to be the person that said, You know what? I listen to everything he said |
255 | 00:38:13,589 --> 00:38:22,409 | aboard the ship. He said to avoid, and I'm doing it better. And I don't have any issues. Man. That's what I want to hear. That's why I'm mentoring mentoring like |
256 | 00:38:22,409 --> 00:38:30,119 | that. Because I want to hear students say they have not had one student do that yet. Hundreds of 1000s of students, not one of them has come forward and said, |
257 | 00:38:30,119 --> 00:38:37,829 | You know what, you know, I listen to all your shit. And I don't go through that. I'm gonna listen to the lessons that are going to move the most uncomfortable |
258 | 00:38:37,829 --> 00:38:44,249 | ones to listen to. Because guess what, that's the stuff that's going to break me. If you're gonna spend the time sitting and talking about how you lost your |
259 | 00:38:44,249 --> 00:38:52,769 | money, your ass. You just couldn't get past a certain thing psychologically, and it caused you a problem. I'm going to really pay attention to that. You know, |
260 | 00:38:52,769 --> 00:39:01,439 | when I'm listening when I listen, I was reading those Jack Swagger books, Market Wizards. Again, I mentioned before, like there's nothing in those books that |
261 | 00:39:01,439 --> 00:39:09,869 | tell you how to trade. But what's fascinating is, is they'll talk about their experience, and what they were feeling what they felt, and what it was like to |
262 | 00:39:10,139 --> 00:39:19,619 | overcome those barriers, or periods of drawdown or maybe the failed and what they had to do to get beyond that, to me is fascinating. And I really wish like |
263 | 00:39:19,619 --> 00:39:29,969 | those guys that like his name cam trader nut pot. Thing I was on. I don't know what year was on there. But when he talks to these individuals, I wish to ask |
264 | 00:39:29,969 --> 00:39:40,049 | questions like, you know, how hard is it for you to come back from periods of drawdown? I don't want to give I don't really give a fuck how much you made. |
265 | 00:39:40,080 --> 00:39:47,760 | I don't care. That doesn't interest me. I don't care what your little system does, what your pattern is, what indicators what style of trading I don't give a |
266 | 00:39:47,760 --> 00:39:58,560 | shit, okay? I don't even care if it's my stuff. What I would love to hear is how you engage yourself because you're that person. Okay? It's not the market maker |
267 | 00:39:58,560 --> 00:40:05,970 | that's getting you personally the money or you've done your own as you did that. And many times, it's by doing the stuff that we're talking about here tonight, |
268 | 00:40:06,240 --> 00:40:14,280 | you're trying to trade in market environment that you're not equipped to do. And you don't know what it's like to make the decision to get out of the trade. Or |
269 | 00:40:14,310 --> 00:40:22,530 | how about this, if you're in a fast market, and you know, you're offside, do you know when you can close out and flip and go the other direction? I've done that |
270 | 00:40:22,530 --> 00:40:31,560 | before I did it. And all it did was open up more questions from the people that saw me do it. And there were people from Baby pips. And there's no way I could |
271 | 00:40:31,560 --> 00:40:38,130 | answer that, where they would understand because it takes experience, and they don't like that answer. You don't like that answer? When How long do you think |
272 | 00:40:38,130 --> 00:40:45,210 | it's gonna take for me to do this and do that? I don't know. I don't know. Because you're all doing something all, all of you are doing something |
273 | 00:40:45,210 --> 00:40:52,920 | individually, that's holding you back. I don't give a shit how long right now, you all are doing something that's having a negative impact on your growth. And |
274 | 00:40:52,920 --> 00:41:00,450 | it's why it's important that you journal, and you don't realize what those things are, until you go back and look at what it is you're doing. You keep |
275 | 00:41:00,450 --> 00:41:09,150 | doing things over and over again. And they're having a negative response, the results are showing less than optimal, mind that figuring out what it is you're |
276 | 00:41:09,150 --> 00:41:17,520 | doing. And it might be something as simple as you know, anxiety about something that you've endured somewhere else, it may not be rooted in the marketplace, it |
277 | 00:41:17,520 --> 00:41:26,280 | may be something in your personal relationship, maybe you think that your relationship is on the rocks. And or maybe it's not, but because things have |
278 | 00:41:26,280 --> 00:41:37,020 | changed in the bedroom, or at home, something doesn't feel right, and you're just bothered by that kind of stuff can materialize and manifest itself in your |
279 | 00:41:37,020 --> 00:41:46,920 | decision making in the marketplace. Because you'll come to these marketplaces, like a way of escaping living a different life. And sometimes you can talk |
280 | 00:41:46,920 --> 00:41:58,650 | yourself into thinking you're James Bond, walk out here and find out. No, no, you're nothing like that. And you need a stretcher. So when you have these poor |
281 | 00:41:58,650 --> 00:42:07,320 | decisions, to come in here and try to find a way of fixing yourself and feeling good. The worst thing you can do is try to do that on a day like today, because |
282 | 00:42:07,320 --> 00:42:14,940 | you're not going to fix yourself, okay? You're not going to fix yourself on a day like this. It's going to do a lot of harm, more harm than you realize. And |
283 | 00:42:14,940 --> 00:42:23,940 | it's not going to be noticeable to you until you trade after this day. Like you're not even if you made money. Okay, let's close this one with this idea. |
284 | 00:42:24,210 --> 00:42:33,330 | Let's say you did something today. And you went short. You went short. And you had the wherewithal to hold on to it a little bit longer than you normally |
285 | 00:42:33,330 --> 00:42:43,920 | would. And you got a windfall victory. Okay, the toxic aspects of this type of day, when you don't have proper experience doing all what I'm teaching you, |
286 | 00:42:44,040 --> 00:42:53,070 | these ideas will again, manifest themselves in their typical bread and butter day, what will happen is, you'll get into a move, you'll do all things right. |
287 | 00:42:53,280 --> 00:43:00,210 | Stop loss will be where it's supposed to be. Your limit order to take profits will be worth the posted. You're following the model and all of a sudden, it |
288 | 00:43:00,210 --> 00:43:04,080 | does a really quick running right to it. Oh shit. |
289 | 00:43:04,290 --> 00:43:07,680 | This is that same move. This is the same move. |
290 | 00:43:07,830 --> 00:43:17,880 | Ah, damn, this is the same move I just did with FOMC two weeks ago, when I made $6,000 And I didn't know what the fuck I was doing. Guess what? I just caught a |
291 | 00:43:17,880 --> 00:43:26,040 | tiger by the tail. Fuck that limiter. Let's take that off. We're gonna watch how this thing just melts today. Oh, it's Mountain. Mountain your fucking face off. |
292 | 00:43:26,190 --> 00:43:32,460 | It's going right down to where you thought it was gonna go. Maybe it's one or two beyond that. And it's right about then you're grabbing the calculator |
293 | 00:43:32,460 --> 00:43:40,620 | thinking okay, do this hold it did that. My wife stays out of my office right now my kids go play Xbox, and I ain't gotta worry about this and turn. Turn the |
294 | 00:43:40,620 --> 00:43:47,760 | TV off and sports. I'm going to focus on this chart. Let's stare at it. Just like ICP fucking says. And all of a sudden, boom, it turned. It's starting to go |
295 | 00:43:47,760 --> 00:43:55,140 | up. But now what you're going to do, okay? It's okay. It's okay. It's the fucking bear. Now you get okay. All it's gonna do is give me another fair value |
296 | 00:43:55,140 --> 00:44:04,350 | gap. It's okay, just relax. Just relax. Because you've been here before. It's just like FOMC when it's not FOMC you've talked yourself out of a perfectly |
297 | 00:44:04,500 --> 00:44:15,120 | framed trade. But now you're expecting it to deliver the same way. Look, rewarded, you want to FOMC day. So you brought a positive result and experience |
298 | 00:44:15,120 --> 00:44:22,380 | with stupidity. Let's call it what it is. You're trying to trade in a fast market with no experience and you got rewarded for it. firsthand the world |
299 | 00:44:22,380 --> 00:44:33,240 | happened. Now you're bringing in that mindset of hey, that isn't likely to do that. So you abandon sound thinking sound logic the model and now because your |
300 | 00:44:33,240 --> 00:44:43,770 | pride and ego and what it really does do like FOMC in it tears off 50 handles in my favor. I can't wait to go on Twitter with that. But it turns on you and goes |
301 | 00:44:43,770 --> 00:44:52,950 | right up to your stop off the whole time. You're justifying every bit of the run through your stuff, because you have poisoned your perception of price. See, |
302 | 00:44:52,950 --> 00:45:00,630 | these are the reasons why I talk to you the way I talk to you like this and you don't like it because it doesn't give you that puffed up feeling but these are |
303 | 00:45:00,630 --> 00:45:10,050 | the ones that matter the most these types of discussions, these lectures, these woodshed moments. These are the very things that I did my own Asquith period, I |
304 | 00:45:10,050 --> 00:45:21,660 | did these things dozens of times. And it resulted in blown accounts, drawdown that took weeks to fix. I've done those things, folks. And honestly, if you |
305 | 00:45:21,660 --> 00:45:31,410 | don't need to do it, you can do all these things that gets to consistency and ability and never experienced these types of things. It's possible, I'm telling |
306 | 00:45:31,410 --> 00:45:41,490 | you, it's possible, but you don't want to listen. And it's frustrating to me as a mentor, because, like, I'm not lying to you. I told you like, dude, I'm blown |
307 | 00:45:41,490 --> 00:45:51,330 | accounted for I've lost money doing these types of things. Why would you want to try to do something like this? Like, it's not a challenge? It's not, it's not |
308 | 00:45:51,840 --> 00:46:03,720 | like, here, we're going to do a new tic tock challenge. Let's start with trading on FOMC day over leveraging. And, you know, this is wait and see what happens. |
309 | 00:46:03,840 --> 00:46:11,400 | That's not something you want to subscribe to, it's not what you want to be doing. So I'm not sure if matches if a message like this reaches any of you, |
310 | 00:46:11,430 --> 00:46:18,780 | okay, I'm not sure if it resonates with any of you. Or if this sounds like I'm trying to piss in your cornflakes, but this is the stuff that matters. And I |
311 | 00:46:18,780 --> 00:46:27,630 | know it to see the stuff that you're learning, and me executing and Seana. And that's great. Okay, I do want to encourage you. But I'm not trying to invite you |
312 | 00:46:27,840 --> 00:46:35,850 | to trade in these days. And hopefully, with this discussion, hear you keep things balanced. Yes, I can do these things, that does not mean that you can do |
313 | 00:46:35,850 --> 00:46:43,500 | it. It doesn't mean you can't learn to do it eventually. I'm just saying that, let's be the voice of reason right now, you aren't ready to do what you saw me |
314 | 00:46:43,500 --> 00:46:43,980 | do today. |
315 | 00:46:44,040 --> 00:46:53,010 | You know it, I know it. And anybody else that knows you as a trader knows that you can't do that either. So don't look at this as a challenge, like, okay, that |
316 | 00:46:53,340 --> 00:47:03,210 | I'm going to do it now next month. Don't do that. Don't you're trying to create every possible scenario to hold yourself back. They're perfect little |
317 | 00:47:03,480 --> 00:47:14,550 | distractions to success. It said, in all the books I've ever read, and there's a lot of toxic thinking that all of us do it. Okay. And there was a survey that |
318 | 00:47:14,550 --> 00:47:23,790 | was done. And I don't know how much truth there is to it. But I can tell you when I was suffering from generalized anxiety and agoraphobia, like I had more |
319 | 00:47:23,790 --> 00:47:34,260 | than 300 Negative thoughts a day, but the general person, the average person, rather, they have on a day by day basis, 124 hour period, they have around 300 |
320 | 00:47:34,260 --> 00:47:44,070 | nits go into their mind, think about that, folks, 300 times. Imagine if you asked 300 women out over the weekend, then 150 On Saturday, 150 on Sunday, and |
321 | 00:47:44,070 --> 00:47:53,400 | all of us that go fuck yourself, that would be a kick in the joint one that would not feel good for your ego and your pride. Now, combine that and put that |
322 | 00:47:53,400 --> 00:48:03,390 | in the forefront of your mind and challenge yourself with this every single time starting tomorrow when you wake up every single time you have a negative thought |
323 | 00:48:03,420 --> 00:48:11,640 | and to your mind as small as it could possibly be like, did I just do something wrong? Or did I forget to do something that's negative? That's a negative |
324 | 00:48:11,640 --> 00:48:20,760 | thought, because you're you're questioning whether you did something that you know you should have done, or prevented something? Or if you look at yourself in |
325 | 00:48:20,760 --> 00:48:27,270 | the mirror and say, I don't know why I colored my hair this way. I don't know why I'm wearing this shirt. This shirt this the shoes don't look right if these |
326 | 00:48:27,270 --> 00:48:36,000 | fucking pants you know, why not listen to my wife and wear this belt with these new shorts. This don't look right, that happened to me today. All these things, |
327 | 00:48:36,180 --> 00:48:45,120 | all these things are negative thoughts. So if you're taking up time, and you're acknowledging that thought thing giving you your attention, how many times are |
328 | 00:48:45,120 --> 00:48:55,830 | you doing it that day instead of one day? Now imagine doing this while you're in a trade? Oh shit, that's heavy and from the time you enter that trade, how many |
329 | 00:48:55,830 --> 00:49:04,590 | times do you think this fucker is gonna go against me? It's Wales. If you're in there for length of time you're thinking a lot this is going to turn on me this |
330 | 00:49:04,590 --> 00:49:11,640 | is going to fail. Oh I better not take the partial there. Oh, did I should have cut in here. I should have done this I should have done that. That's all |
331 | 00:49:11,640 --> 00:49:20,370 | negative thinking. So if you don't master yourself this business is going to work you and you can have a profitable model because you all have it now you can |
332 | 00:49:20,370 --> 00:49:27,810 | have something that has stats you have it now you have proof people making real money all around the world climbing to the top of FTM nerds you don't see |
333 | 00:49:27,810 --> 00:49:37,710 | anybody else doing that so give no excuse this stuff works you have all the evidence now that it works but you're trying to do things that's going to do |
334 | 00:49:37,710 --> 00:49:48,870 | what invite more negative thinking toxic thinking oh but ICT won't do a live stream fuckin fraud Look at him. You don't need me to do that. You want me to do |
335 | 00:49:48,960 --> 00:49:56,700 | you want me to do that? So you can copycat my trades. That's all this is folks. Let's call it what it is. That's exactly what it is. You don't need that. And |
336 | 00:49:56,700 --> 00:50:05,640 | again, some of you could be getting started getting all pissed Golf at me, because I said I'm trying to wind down. Oh, come on, man. That's I have a life. |
337 | 00:50:05,850 --> 00:50:15,390 | I want to get back to it. And if I do live sessions, I'm gonna be honest with you. I'm gonna tell you exactly the number one fucking reason why I'm not doing |
338 | 00:50:15,390 --> 00:50:24,630 | it. Okay, I know that there's a bunch of asshats that are sitting around waiting for me to do a live stream. And once that happens, fucking people come knocking |
339 | 00:50:24,630 --> 00:50:31,830 | through my fucking door if they're knocking at all. Okay, and swatted because you've been douchebags out there. I'm gonna pull some shenanigans like that. I |
340 | 00:50:31,830 --> 00:50:39,390 | ain't doing it. I'm not gonna give you that opportunity off. I'm not doing it. You can think I'm a fraud. fucky one I'll still trade circles around you. And |
341 | 00:50:39,390 --> 00:50:46,830 | this excuse about I'm going to fake Robins with multiple accounts my family members motherfucker already said one account before number full account number |
342 | 00:50:46,830 --> 00:50:51,330 | you show yourself show mine account balance. We're in there. No multiple accounts needed. No |
343 | 00:50:51,330 --> 00:51:02,460 | excuses. Okay, so stop all that shit. But I'm not doing a live session trading bullshit. Okay, that's not happening. Because honestly, once I did those two |
344 | 00:51:02,460 --> 00:51:10,470 | live streams, I got a text from a guy who said hey, look, you this is this is what they're planning to do with you. I'm like, What the hell? They call it |
345 | 00:51:10,470 --> 00:51:19,590 | swatting. swatting or something to that effect where, you know, people they report you're doing something and the SWAT and police are were combusting to |
346 | 00:51:19,590 --> 00:51:28,290 | your fucking door. Listen, already got some fucking nut job that's live inside all kinds of bunch of bullshit. I'm not laying that out there. So you can do |
347 | 00:51:28,290 --> 00:51:35,010 | that. And you didn't get no, bring your ass to Robin, so I can thrash you publicly. And at the end, we can shake hands, and I'll come down to have a |
348 | 00:51:35,010 --> 00:51:44,940 | hotdog with you. So bottom line is this, you can do anything you want to do in this industry, the sky's the limit. But you yourself can hold yourself back, |
349 | 00:51:45,120 --> 00:51:54,750 | doing all the wrong things, every possible thing that something could have been done negatively. As a trader, I've done all that. I've done all that shit. Now, |
350 | 00:51:54,990 --> 00:52:03,690 | what you watched me do today? That's right out of the book of ICT. That's, that's right out of the book. Everything I've taught you is exactly in that |
351 | 00:52:03,690 --> 00:52:12,150 | today, I saw on a bearish day expected to rally up to the buy side shift in market structure fair value. Or if you have to fair value guess what are you |
352 | 00:52:12,150 --> 00:52:19,830 | looking for? Well, you enter on the lower one, but you anticipated likely trading up into the higher one I watched and waited for it to trade up into that |
353 | 00:52:19,830 --> 00:52:27,900 | higher one. Once it did that, then I entered then when it broke down. It didn't take out that low yet. For my first partial. So what what can I do? It gives me |
354 | 00:52:27,900 --> 00:52:37,590 | a fair value get to sell short, and pyramid, do I add more than my initial position, I go on with half, I keep splitting it smaller each time, if it would |
355 | 00:52:37,590 --> 00:52:45,330 | have gave me another fair value. Before the loan was taken, I would have pyramid it again and shorted two more contract, I was taking partials below old lows, |
356 | 00:52:45,540 --> 00:52:51,630 | where sell side is retail has their sell stocks below that. So when the market trades down there, there's gonna be a flood of liquidity coming in the |
357 | 00:52:51,630 --> 00:53:00,090 | marketplace for willing sellers at lower prices, perfect for me to buy it from because I'm sure and every time it makes a new low, I'm running down equity, |
358 | 00:53:00,180 --> 00:53:08,760 | exactly what I taught. So I took another three off below that freshly made low. And then when it got real close to the lows, and started going backwards, I |
359 | 00:53:08,760 --> 00:53:17,160 | typed it out. I said trust me patients, this is going to go lower. It's typical for them to give that false sense. It's going to rally up, they'll tell you in |
360 | 00:53:17,160 --> 00:53:27,210 | books and seminars and workshops. Oh, this is support are these are weak bears. So there's going to be a little bit of short covering rally there. Okay, it is |
361 | 00:53:27,450 --> 00:53:34,170 | what that is is enticement to let you think that that's support, it's going to rally. That's why I tell you right when it's happening, patients this is going |
362 | 00:53:34,170 --> 00:53:43,800 | to drop, in fact that that went up a little bit more, I would have sold more, just to put that little exclamation point on the little cherry on top has only I |
363 | 00:53:43,800 --> 00:53:53,970 | see right at the book. Right now the rules, folks, I'm selling right on the highs on a one minute chart. Using the very logic I taught you. I don't care who |
364 | 00:53:53,970 --> 00:54:02,850 | thinks I'm a fraud. I don't care. What. Okay, because you have seen it, you're trading with it. You've experienced, I want to see someone else do the same |
365 | 00:54:02,850 --> 00:54:12,180 | thing I'm doing. If it's cherry picked, How the fuck can I do anything else on another chart with one minute? annotating it? Like how can anyone anyone in that |
366 | 00:54:12,180 --> 00:54:20,580 | short span of time manage another chart? Another market? Come on, man? Seriously? That's why I do it. Just like that. Can you have two thoughts at the |
367 | 00:54:20,580 --> 00:54:29,580 | same time? And manage two thoughts at the same time with that level of detail? That's why I'm saying do it if you think that if you're listening, not really in |
368 | 00:54:29,580 --> 00:54:36,900 | supportive, what is he doing? He's hanging out because you wait for me to say something you can go make a trolling thing, which is at this point prophetic, |
369 | 00:54:37,050 --> 00:54:46,710 | but trying to do what I'm doing. And you as my student, you try it. Just this just to appreciate how good it is that what you've learned, works so well. |
370 | 00:54:46,980 --> 00:54:54,540 | Because if it could be faked, you'd be eating everybody else out there faking it or not. They can't do it. They'd be selling courses and proven but this I can do |
371 | 00:54:54,540 --> 00:55:03,780 | it too. But everything I use today is what I've already told you that should be incurred. urging, that should be a reminder, hey, you know what, I don't need to |
372 | 00:55:03,780 --> 00:55:12,690 | do a lot. And while yes, this stuff work today, and he can do it mean me, you're not ready to do that in a day like today because if you don't really understand |
373 | 00:55:12,690 --> 00:55:20,940 | what you're doing, you can really hurt yourself. And I don't want to see any of you remove yourself from this opportunity before you're giving yourself a real, |
374 | 00:55:21,300 --> 00:55:30,690 | honest chance. So I can really go down a whole lot more rabbit trails. But I'm quite certain my wife's going to be upset if I stay here longer. As I've already |
375 | 00:55:30,690 --> 00:55:35,460 | said, I was spending less time than I'm actually been talking to you. Now and so. |
376 | 00:55:36,180 --> 00:55:43,590 | But every time I tell you when it's gonna be short, you know, that's the rules. If it's going to be a short video or a short presentation, bring roots next, |
377 | 00:55:43,740 --> 00:55:54,120 | it's going to be longer than the expected duration. But folks seriously, I really want to see succeed. Okay, I know Joe can get around a spar with these |
378 | 00:55:54,150 --> 00:56:03,750 | trolls and such but in all sincerity, I believe that if you submit yourself to the things I'm putting you through, it's good medicine, it will turn you into |
379 | 00:56:03,780 --> 00:56:13,440 | what it is that is required to do this successfully. I mean that wholeheartedly. I have done more than anybody else out there proving something conceptually, |
380 | 00:56:13,680 --> 00:56:23,160 | with precision that really does exist. It's not contrived. I'm not looking at hindsight book examples where it looks like because I drew it out on a chart. |
381 | 00:56:23,460 --> 00:56:33,690 | I'm pushing a button. A broker is taking my order, channeling it into the marketplace. A Counterparty is taking the other side of my trades. Hello, I'm |
382 | 00:56:33,690 --> 00:56:43,410 | showing my executions. Are you seeing any other trades? At some point? You got to say, okay, everything else is bullshit. And that's painful because that means |
383 | 00:56:43,410 --> 00:56:52,860 | you're gonna have a division friends, your online comrades. Oh, he drank the Kool Aid. He drank the Kool Aid. He's one of those cult members of ICT. That's |
384 | 00:56:52,860 --> 00:57:00,630 | okay. That's right. We're in the cult of winning. I've embraced it. Now. I'm a cult leader. Now. I am a cult leader. Take that as a sound like I run a cult. We |
385 | 00:57:00,630 --> 00:57:09,420 | all pay homage to winning. Okay, winning. That's why the fuck you started doing this? You joined us to what? To look cool in front of other people on social |
386 | 00:57:09,420 --> 00:57:16,920 | media. Fuck, that's it. You want to be able to pay for shit that you can't afford? Right now. You want to able to pay your bills, you want to make sure |
387 | 00:57:16,920 --> 00:57:25,170 | your kids have more than they have right now. You want to be able to tell yourself, hey, you know what, you deserve a decent meal. Let's go out and have |
388 | 00:57:25,170 --> 00:57:33,990 | one. We don't need to go into the refrigerator and make leftovers again. Let's go out and have a night with the spouse significant other and just limp up for a |
389 | 00:57:33,990 --> 00:57:40,410 | night and just cut back and not worry about what the fuck that check is going to say is required to pay for it. |
390 | 00:57:40,590 --> 00:57:48,930 | I'm not worried about my car payments. I'm not worried about my mortgage being paid. I'm not worrying about how much it's gonna cost for child's education. |
391 | 00:57:49,200 --> 00:57:56,280 | Because at this point, some of you shouldn't be thinking, hey, you know what? I was stressing about putting my kids through college and how expensive it is |
392 | 00:57:56,430 --> 00:58:06,990 | thought college. Fuck that shit. Okay, this is college. There's really real shit. Okay, you're seeing proof of it. You don't see proof that you're going |
393 | 00:58:06,990 --> 00:58:14,370 | horses, paying all that fucking money stressing about tests, they go do a fucking thing for you when you get out there and try to do that job. When you |
394 | 00:58:14,370 --> 00:58:21,120 | finally get yourself in this position. You're gonna think about what the fuck does this got to do with all those stupid ass exams and they're just fucking |
395 | 00:58:21,120 --> 00:58:28,950 | laboratory experiments that I had to do for college. I'm not doing anything for the shit and I'm worrying about working for this fucking asshole. It's trying to |
396 | 00:58:28,950 --> 00:58:37,410 | tell me I can't have off next fucking week because Carl Cosman here one fucking week longer to me and I can't have this fucking week off. That's the shit you |
397 | 00:58:37,410 --> 00:58:48,990 | want to do? That that's the shit that you do for your What? No. Carve out your own path. You have the skill sets now you have that you just don't have the |
398 | 00:58:48,990 --> 00:58:58,500 | experience it and stop listening to these fucking people telling you that you're wasting your fucking time. Look around. People are doing it be encouraged and |
399 | 00:58:58,500 --> 00:59:06,870 | not suck up. I'm not putting people in fucking TMO these people are coming to me showing you the fucking receipts. I got people showing you with live accounts |
400 | 00:59:06,990 --> 00:59:09,240 | with fucking withdrawals. Bank fucking |
401 | 00:59:09,240 --> 00:59:18,600 | statements to didn't do, folks. It's right in front of you. All you got to do is grab. Grab the fucking hold of it. Just say I said this shit is mine. I'm not |
402 | 00:59:18,600 --> 00:59:19,410 | letting go of it. |
403 | 00:59:19,680 --> 00:59:21,000 | I will do this. |
404 | 00:59:21,030 --> 00:59:28,440 | I don't give a fuck please. I'm not I don't give a shit. You just watch me. You watch where I'm going with this information. That's how you should need to think |
405 | 00:59:28,440 --> 00:59:36,120 | about it. Don't let these motherfuckers steal it from you. Don't let your family steal it from you. Don't let your co workers steal from you. Your fucking is |
406 | 00:59:36,120 --> 00:59:46,530 | part time right now. You're firing his fucking ass for her. Because ladies can be my wife. And she's about to whip my ass when I get back in this house. I'm |
407 | 00:59:46,530 --> 00:59:55,530 | sorry. Hey, she's the queen. Do you feel better? You feel better than you did before we got on you feel energized? Or do you feel beaten down and discouraged? |
408 | 00:59:55,770 --> 01:00:03,540 | Because I had everybody around free body said you're never going to do this Do this. It's a pipe dream, you're never going to do it. You're gonna be working |
409 | 01:00:03,540 --> 01:00:12,150 | just like the rest of us. Well, the only thing true about that statement is the rest of us and family members and friends. They've been working for the last 50 |
410 | 01:00:12,150 --> 01:00:19,650 | fucking years. Plus, I'm not. I'm doing whatever the fuck I want to do. Whenever the fuck I want to do it. And I don't look at price tags. And if that bothers |
411 | 01:00:19,650 --> 01:00:27,630 | you, and it sounds arrogant, I don't give a fuck. I don't care. I'm not doing it to be arrogant. I'm telling you. This is what you're here to do. Learn how to |
412 | 01:00:27,630 --> 01:00:35,910 | make fucking money. And I'm teaching you for free. Some of you think that you should be telling me how to teach you. You don't know shit. You don't know |
413 | 01:00:35,910 --> 01:00:40,830 | anything. You have expectations. That's not understanding. That's expectations. |
414 | 01:00:40,890 --> 01:00:45,090 | That's you tell me what you want. Give it to me this way on this schedule. I don't like that you |
415 | 01:00:45,090 --> 01:00:51,570 | did this. And I'm like, did you do that? I don't like that. You gave out the core content. Like I've lost respect for you. Guess what? It's my content. It's |
416 | 01:00:51,570 --> 01:00:59,490 | not your content. It's not mentorship. It's the language. Look at the impact. here's the here's what you need to do. Take a look. Go on Amazon. Do a search on |
417 | 01:00:59,490 --> 01:01:09,330 | SMC Smartline concept trading. I did this the other day. And my wife is gonna have to deal with this. The idea of going on Amazon. Okay, because one joker put |
418 | 01:01:09,330 --> 01:01:17,280 | out my concepts and reworded everything and falsely attributed to other people that I mean that were influential people to me coming up, like they had |
419 | 01:01:17,280 --> 01:01:26,430 | something to do with what it is on trading. None of the shit that I teach and trade with is found in anybody. I honestly today was so tempted to tweet, Larry |
420 | 01:01:26,430 --> 01:01:34,530 | Williams on Twitter, or I don't even know if this is really real account or not. But I wanted to ask, have you ever seen anybody trade like this? I have never |
421 | 01:01:34,530 --> 01:01:42,750 | personally confronted him and asked him hey, what do you think about this? Everybody's beat him up. Hey, ICT, this guy Michael Huddleston, the fucking |
422 | 01:01:42,750 --> 01:01:45,810 | fraudster, the scammer said it. You are his mentor? |
423 | 01:01:45,840 --> 01:01:47,250 | Did you teach ICT? |
424 | 01:01:47,580 --> 01:01:56,940 | I bought this man's fucking books. I bought this man's books about this fucking man's courses. Okay, that's mentoring me. Okay, he was the first real mentor |
425 | 01:01:56,940 --> 01:02:08,610 | ahead and trading and 99% of everything he ever taught through his reference material. I don't even do anything with it. But I still say that man, I wish I |
426 | 01:02:08,610 --> 01:02:16,980 | had an opportunity to meet him of the meeting. I would love to shake his hand. Because he turned things around for me. We off on a rabbit trail that I lost my |
427 | 01:02:16,980 --> 01:02:22,950 | train of thought because this is not where I always want to go. But and that's that's unsettling because now that's going to drive me I'm not going to sleep |
428 | 01:02:22,950 --> 01:02:34,200 | tonight. I'll be up for 36 hours now over this. But anyway, I don't know. Maybe I should do live streams. sit there and wait for them to come knocking on the |
429 | 01:02:34,200 --> 01:02:40,590 | door and live stream that happening. I would that be cool to hear. here's the here's the camera rig on my front door, and just wait for it to happen. |
430 | 01:02:42,120 --> 01:02:44,070 | I'm expecting you. Yeah. |
431 | 01:02:45,120 --> 01:02:54,000 | Some of you like, anyway, I think that if you were honest, in everything that's been shown to you free of charge, with all the evidence you could ever expect to |
432 | 01:02:54,000 --> 01:03:07,260 | see live accounts, real executions, recording from a blank chart, marking it up and delivering exactly, exactly like your own chart shows, getting in at the |
433 | 01:03:07,260 --> 01:03:15,690 | highs when shorting and getting into the lows when going books. That's the stuff that I believe with no evidence of having really known that it existed. I just |
434 | 01:03:15,690 --> 01:03:23,520 | believe it like a fairy tale. I thought that that's what every trader, every trader that made money did. Now obviously there's a lot of people out there that |
435 | 01:03:23,520 --> 01:03:30,840 | do all kinds of stuff. And they make money if they're profitable, but they're not doing anything that we're doing. It just they're just catching movements |
436 | 01:03:30,930 --> 01:03:39,810 | between one price to another. And they attribute whatever the hell they want to attribute to as the reasons why those things are not what caused the market to |
437 | 01:03:39,810 --> 01:03:49,950 | move, but their religion. And that's exactly what this is called Elliott caught Wycoff call it supply and demand, whatever again, all those things are religions |
438 | 01:03:49,950 --> 01:03:59,250 | because you're attributing spirituality to something that had absolutely no effect on what what caused that market fluctuation. I'm telling you, and and it |
439 | 01:03:59,250 --> 01:04:08,370 | is the thing that makes me so divisive. And it's okay, I'll wear that badge. I'll wear that hat with honor. Okay. If I'm ever remembered as anything, okay, |
440 | 01:04:08,400 --> 01:04:18,060 | I'm the guy that divided everybody with this shit. Okay, that's good. Let me go home into history with that, and I'm okay with it. But everything before me is |
441 | 01:04:18,060 --> 01:04:25,890 | religious trading. You might look at me as a cult leader. You might look at everybody in this community as a cult member. But there ain't again trader. |
442 | 01:04:26,160 --> 01:04:34,650 | There ain't a supply and demand leader. There is no Elliott Wave trader that is considered more precise than me. Period. And that's my real fucking ego. And |
443 | 01:04:34,650 --> 01:04:35,220 | guess what? I |
444 | 01:04:35,220 --> 01:04:43,710 | hope it makes you joke. Because I'm out here every day inviting you, inviting you begging you pleading with please bring your candy fucking ass with your |
445 | 01:04:43,710 --> 01:04:52,980 | shit. Let's go. Because at the end of this fucking year, I'm done. I'm done. And you can pretend after I've left like you were going to do something you were |
446 | 01:04:52,980 --> 01:04:54,390 | going to prove to the fucking world, |
447 | 01:04:54,660 --> 01:05:01,500 | that your shit, whatever it is, and I'm not talking about any one particular person. This is an open invitation. Come There's nothing like this, there's |
448 | 01:05:01,500 --> 01:05:11,160 | nothing. And I am so fucking ecstatic that I have been given this. So I can lay it in front of you just like this, just like this. I could have put any price |
449 | 01:05:11,160 --> 01:05:19,830 | tag on this any price tag and demonstrated it, just like you've been watching this entire year, knowing that I'm not selling your mentorship knowing that I'm |
450 | 01:05:19,830 --> 01:05:28,830 | not even going to sell you a fucking book. I'm not going to sell you shit. But think about it. How much would you be willing to pay based on what you saw right |
451 | 01:05:28,830 --> 01:05:39,330 | now to this year, this year? If you saw all this shit going on proof after proof, this and it delivering perfectly? How much would you dig into your ass to |
452 | 01:05:39,330 --> 01:05:48,720 | pay for this skill set? Again, fucking T you'd be milling a dozen hours. And I'm not asking for anything. I just want you to succeed. I just want you to put the |
453 | 01:05:48,720 --> 01:05:58,980 | work in that's going to require a daily devotion to this on weekends to be diligent about and there's going to be every excuse in the book and book, every |
454 | 01:05:58,980 --> 01:06:06,480 | possible distraction, it's going to be I gotta I gotta do this. This is the reason why I'm failing. I got this in the back of my mind, I can't do this. |
455 | 01:06:06,480 --> 01:06:15,240 | Because this is bothering you got to get that shit out. 1414 You got to be agile, and you got to make it work. There's no easy fixes for that. Your family |
456 | 01:06:15,240 --> 01:06:22,740 | life is a fucking mess right now. And you can't find time to trade you fix it. That's how you do it. Okay. That means if you have to get a different job, |
457 | 01:06:22,770 --> 01:06:30,780 | that's mean. That's it. Your children, our children. I don't want to see you doing what I did. Because it cost it scarred me scarred my children, my family. |
458 | 01:06:31,110 --> 01:06:39,390 | They didn't get a dad. They had a ghost that they saw once in a while, that I was chained to these charts change these markets? Yeah. They don't want for |
459 | 01:06:39,390 --> 01:06:49,290 | anything. But they wanted me. And I was not there. I was checked out. And I'm telling you, it's easy to say, well, I'll live like that for a year or two until |
460 | 01:06:49,290 --> 01:06:56,910 | I get it. Whatever it happens to be little bit longer for you. One year turns into five real quick and you don't realize it. You're playing video games. How |
461 | 01:06:56,910 --> 01:07:03,960 | many times have you played video games and realize I've been playing for five fucking hours? I don't. I don't realize I've been paying for five hours. I ain't |
462 | 01:07:03,990 --> 01:07:14,730 | taking a piss. I ain't had anything to eat. And I can't feel my ass. Yeah, that's how fast you can get tied up into this stuff and lose all train of |
463 | 01:07:14,730 --> 01:07:20,610 | thought. And that's why it's like in casinos, they don't put clocks on the walls. They don't want you to realize how much time you've been there wasting |
464 | 01:07:20,850 --> 01:07:29,160 | putting money in the slot machines. And that's what retail traders do. You need to have a balanced approach to this. No more than two hours. Honestly, about an |
465 | 01:07:29,160 --> 01:07:37,590 | hour a day is optimal studying on the weekends to two hours, you can do more than that. You're binge watching and you're you're taking time from something |
466 | 01:07:37,590 --> 01:07:47,460 | else. Too much is not the best way of doing it. Yeah, no, it feels like okay, uploading sometimes three videos a day. It's built on a schedule. That's not the |
467 | 01:07:47,460 --> 01:07:56,430 | schedule for you to digest information is I have a deadline, I want to be done mid November, because I don't want to be doing shit. In the holidays. You'll be |
468 | 01:07:56,430 --> 01:08:04,560 | seeing me tweet Happy Holidays. That's it. Like I'm, I'm trying to kick back and enjoy it. So you have to have a balanced approach to doing this. And not like |
469 | 01:08:04,590 --> 01:08:13,920 | any other assets Messier. Don't let it discourage you don't let it distract you. Don't let it give you perfect little excuses to be doing something other than |
470 | 01:08:13,920 --> 01:08:22,350 | the things that you're supposed to be doing. And don't look at anybody else's progress or results. Whether they be good or bad. had any impact on you. Should |
471 | 01:08:22,350 --> 01:08:30,090 | you be encouraged? Yeah, sure, sure. If they're doing well, you support the community members. That's good. That's good. But don't look at someone's |
472 | 01:08:30,090 --> 01:08:38,490 | results. If it's positive and say, What am I doing to mine results aren't like that. Fuck that. That's, that's backwards. Don't do that. Because what you're |
473 | 01:08:38,490 --> 01:08:45,510 | trying to do is keep up with the Joneses. And you can't do that in trading because there's always going to be somebody that's going to be making more than |
474 | 01:08:45,510 --> 01:08:55,260 | you bought more sold more held longer. Got in earlier. Like that's the stupid shit that goes on and traders mindsets and that's why chat rooms are fucking |
475 | 01:08:55,260 --> 01:09:03,630 | stupid. I see these guys stop fucking tweeting to me saying we gotta get an ICT discord. Let's get as soon as you do that I block you. Have you noticed that to |
476 | 01:09:03,630 --> 01:09:11,220 | the guys that had to restart and get a new account? Just so they can follow me again? Anybody says hey, let's start a telegram. You're blocked. You're being a |
477 | 01:09:11,220 --> 01:09:18,780 | dick ICT? No, I just, I'm letting you know. I don't subscribe to the idea. And chat rooms are a fucking toxic wasteland. |
478 | 01:09:19,020 --> 01:09:28,260 | Unknown: Basically what you're saying is, hey, we all don't know what the fuck we're doing. Let's all get together and share ideas. The fuck is that? You have |
479 | 01:09:28,260 --> 01:09:34,980 | no idea what you're doing. You don't know what you're doing. And you're literally going to be asking the next person that's in you're looking for the |
480 | 01:09:34,980 --> 01:09:36,090 | same fucking thing. |
481 | 01:09:36,120 --> 01:09:43,590 | ICT: Hey, somebody in here is gonna know what they're doing. I'm not in these fucking rooms. I'm not going into chat rooms. Okay, I'm not going into discord. |
482 | 01:09:43,650 --> 01:09:48,870 | I'm not going into fucking telegram rooms. I'm not doing any of that Mickey Mouse shit. That's a distraction. |
483 | 01:09:49,079 --> 01:09:59,969 | Unknown: See? You all you all want to team. You want to fucking team. I am me. Just like I'm trying to create in you. You are your own fucking army. You're an |
484 | 01:09:59,999 --> 01:10:07,829 | army of one. You don't need me to be your fucking general. You don't need me to be your team fucking captain. It tells you what you need to be doing today. You |
485 | 01:10:07,829 --> 01:10:12,239 | don't need that shit. And all of these young guys and gals that are out there, they're trying to get these little |
486 | 01:10:12,960 --> 01:10:21,450 | ICT: fucker trying to start these little circles of of people come together. I'm telling you, we did it on baby pips. We took over their fucking chat room and |
487 | 01:10:21,450 --> 01:10:29,220 | broke it. Hey, I'm going on chat room in 10 minutes, we get that it's gone. Chat Room won't work flooded it. Too many people one time trying to chat you can't |
488 | 01:10:29,370 --> 01:10:38,250 | you can't keep up with the conversations. It's a waste. Did it feel good for my ego to see that happening? Yeah, I'll be honest. It was awesome. But useless. It |
489 | 01:10:38,250 --> 01:10:46,890 | was it was not, it was not constructive. And you're gonna get in these rooms, and you're going to quickly find out that you're not getting anything. Listen, |
490 | 01:10:46,980 --> 01:10:54,510 | you don't need to go to rooms to get my shit on the slide. I'm putting it on YouTube. So we don't need to have a discord. We don't have a telegram. We don't |
491 | 01:10:54,510 --> 01:11:03,870 | need anything else. I'm talking to people directly right on on Twitter. So all my videos, the core content videos, and any future video, I'm not opening the |
492 | 01:11:03,870 --> 01:11:09,990 | comment section. You got some shit to say to me, you can write the fucking Twitter, everybody sees it and I can't block you. I can block you if you say |
493 | 01:11:09,990 --> 01:11:16,950 | some dumb shit. And I got an interest in and haven't any further conversation with everybody else can see what you're saying to me. So I'm right here in the |
494 | 01:11:16,950 --> 01:11:24,720 | middle of the open public, we're in general population right now. Bring your shit, you got something good to say, Bring it, you got something bad to say, |
495 | 01:11:24,750 --> 01:11:32,490 | Bring it on the hiding. I'm right here in front of everybody. But having this idea of going into these little communities, we have a fucking community, we |
496 | 01:11:32,490 --> 01:11:40,290 | have a community. And when there's a tweet that's put out, you put your idea or suggestion or complaint or whatever fuck you got to say about that particular |
497 | 01:11:40,290 --> 01:11:47,970 | tweet. It's easy. Everything's sorted. What's he talking about? Well, look at everybody's responses. I don't need that tweet. They if I see somebody answer |
498 | 01:11:47,970 --> 01:11:55,050 | what someone's asked about, I like it. If it's what if I'm in agreement with what they're saying? If I like their response to you, if you have a question |
499 | 01:11:55,050 --> 01:12:02,310 | about what I'm saying. That's like me saying the very words that they just said, I don't need to be saying everything. If someone says because they've been |
500 | 01:12:02,310 --> 01:12:09,990 | around me, they know how I've taught. And someone doesn't understand what I said in a tweet. Someone come behind me. This is what he meant by that. Oh, then I |
501 | 01:12:09,990 --> 01:12:18,000 | see that I liked that. That little heart is my cosign saying, Yeah, that's what I don't need to say that again. I'm saying that, that person's saying. So we |
502 | 01:12:18,000 --> 01:12:25,350 | don't need chat rooms. We don't need to fucking telegram. I can't manage all of you as it is. There's too many of you. And you want me to go into another |
503 | 01:12:25,350 --> 01:12:36,120 | fucking social media medium the way I'm, I'm too it's too much on YouTube and Twitter's too much too fucking much. I gotta wind this down. And I gotta return |
504 | 01:12:36,120 --> 01:12:44,790 | back to my private group. I'm gonna hang out with them. Now that sounds like you know, you're being an asshole. Now I see take No, I have obligations. But I told |
505 | 01:12:44,790 --> 01:12:52,170 | them once I get course content up, I'll return back to them. And I hang out with them. And I want to just have that little bit of time with them. And in most of |
506 | 01:12:52,170 --> 01:13:01,200 | my time is in my personal life. And I think I fucking deserve it. Okay, that's the bottom line. I deserve it. I put enough into this shit now going for shit. |
507 | 01:13:01,410 --> 01:13:12,750 | 12 years, non stop. You think because I walked away from YouTube and Twitter that I slow down, man, I spin like, a relentless pace. And I'm doing this. So |
508 | 01:13:12,750 --> 01:13:22,890 | these assholes that have told me so much shit. With no fucking respect, just no fucking couth just pieces of shit. I've made it impossible for them to ever want |
509 | 01:13:22,890 --> 01:13:33,120 | to sell it now. And if you bought it, you're stupid. Because that shit isn't going to be helpful to you. You had to be there with me doing it. But the save |
510 | 01:13:33,120 --> 01:13:40,770 | these people from being victimized from the scammers and trying to sell the shit or get them into their own little telegram room. Come and join my signal |
511 | 01:13:40,770 --> 01:13:50,070 | service. And I'll give you ICT mentorship videos, fuck that. Watch the videos, use the core content if you want to. You don't need it. The model I literally |
512 | 01:13:50,070 --> 01:14:00,330 | put together on YouTube, this straight right to the point is 41 videos, that literally is all you need. I took everything and condensed into one individual |
513 | 01:14:00,360 --> 01:14:10,380 | model that will never stop working. I am not changing anything with the fucking algorithm. It's not going to change. It's not going to stop working. When we |
514 | 01:14:10,380 --> 01:14:20,520 | have no longer any access to the marketplace. That's when it starts working. Is that plain enough for you? Is that straight to the point? No bullshit. Yes, you |
515 | 01:14:20,520 --> 01:14:30,600 | have a model that works. It's very few rules to it. You have a specific time of day to look for the setups that's trading. That is trading, having rules a |
516 | 01:14:30,600 --> 01:14:38,160 | process and following it and accepting the fact that some to do it wrong and lose money. And guess what? That's what everybody into. You have to go through |
517 | 01:14:38,160 --> 01:14:47,940 | that. And don't be afraid. Don't be afraid of that experience of I thought I did everything right but I lost. See you're trying to find the video where I cover |
518 | 01:14:48,210 --> 01:14:56,820 | how to avoid that when the video I put out was handling drawdown and an inevitable loss or losing something to that effect. So I'm telling you, you're |
519 | 01:14:56,820 --> 01:15:04,050 | gonna lose money. You're going to absolutely lose money you're going to have losing trades, you're gonna have everything in the chart indicate to you that it |
520 | 01:15:04,050 --> 01:15:11,220 | is likely to do a specific thing. And you're gonna find the courage to push the button. And when it happens, it fails. |
521 | 01:15:12,480 --> 01:15:22,890 | It fails with the it, you, you did it, that decision was wrong, the concepts didn't fail, the market didn't do you wrong, you made a decision that was |
522 | 01:15:22,920 --> 01:15:31,320 | inaccurate. And you have to own that. And there is liberation, when a trader comes to that mindset and says, You know what, I didn't do that, right. But |
523 | 01:15:31,320 --> 01:15:39,720 | guess what, it doesn't change anything, it just means that I had to pay for that mistake. And that mistake gives me experience, I make money in the next trade or |
524 | 01:15:39,720 --> 01:15:48,900 | the trades after this. And I come back from that drawdown, it will be an inquiry that all this was was a skin knee, I got a boo boo papercut it didn't remove my |
525 | 01:15:48,900 --> 01:15:59,610 | head cleanly and lose my account, or make it impossible for me to trade. Again, he didn't remove your arsenal, it hones you, it makes you trust the fact that |
526 | 01:15:59,610 --> 01:16:07,980 | you can come this, when you have a losing trade or losing trades, some of you are not even in a position where you even adore that yet. But you want to go out |
527 | 01:16:07,980 --> 01:16:16,680 | there and rush to get an F tml count. Like that's gonna somehow magically prevent you from having drawdown, you know, if you are able to get a funded |
528 | 01:16:16,680 --> 01:16:24,870 | account from one of these companies, and you send the proof that you I want to encourage you and I'll retweet it, because I'm proud of you. I'm proud of you. |
529 | 01:16:25,020 --> 01:16:31,470 | And a lot of people say oh, that doesn't mean shit. Anybody can do that? Well, I don't see a lot of people doing it. I mean, look how many students I have, do |
530 | 01:16:31,470 --> 01:16:40,740 | you see 300,000 of them tweeting to me? No, I'm aware that I'm cognizant of the fact that, you know, it takes some effort. And not everybody is able to do it, |
531 | 01:16:41,070 --> 01:16:48,990 | do it, I got a lot of respect for that. They did something that got them to that point, it may not be all the right things, but I want to be an encouragement to |
532 | 01:16:48,990 --> 01:16:58,260 | them. So I am aware yes, that they may not even they may never even be profitable with the trading account, once they get access to the quote unquote, |
533 | 01:16:58,260 --> 01:17:06,000 | funded account, they may blow it, then that's okay, you're probably going to, but that experience is needed, because then you'll have a greater understanding |
534 | 01:17:06,000 --> 01:17:14,430 | and respect for what it is you're doing. Because it it feels like well, you know, I only paid a couple 100 hours to get this funded account. And I'm just |
535 | 01:17:14,430 --> 01:17:21,930 | going to try to do YOLO trading, do some wild stuff. And you know, if I make money, great, if I don't, then I'll just, you know, start again, respond like |
536 | 01:17:21,930 --> 01:17:29,250 | it's a video game. And if you're doing it like that you're doing it wrong, you got to treat it like it's your only money. If you don't do it, right, you're |
537 | 01:17:29,250 --> 01:17:37,830 | homeless. That's the mindset you should have. Treat it like that. Not be afraid that every mistake will lead to homelessness. But you need to make sure that |
538 | 01:17:38,100 --> 01:17:46,410 | you're doing everything you can diligently, responsibly and not thinking, Well, you know, I could just respond because that's what this industry has created |
539 | 01:17:46,410 --> 01:17:54,090 | this idea that, well, you know, what, I can go for his funded account, and I can get another funded account and join him together and branch this one together. |
540 | 01:17:54,090 --> 01:18:01,680 | And I could have accounts and have a million dollars and, and fund that account. And if I blow one, I got 16 More over here. That's the wrong mentality. That's |
541 | 01:18:01,680 --> 01:18:08,010 | the wrong mentality. And honestly, you should only do it long enough to get your own money, and and get the fuck out of that shit. Because I don't think it's |
542 | 01:18:08,010 --> 01:18:17,760 | gonna be around long. That's my personal opinion. I might be wrong. But I know. I'm gonna be putting the hurt notes on the fuckers. Because what I've taught, it |
543 | 01:18:17,760 --> 01:18:26,940 | works. And people are coming in with proof that this shit works. And I've already heard one company talking about how they're going to lessen the amount |
544 | 01:18:26,940 --> 01:18:33,660 | of people coming in next year. I'm not putting names on it. But I'm sure if you do some research, you'll find out who I'm talking about? Why would you think |
545 | 01:18:33,660 --> 01:18:42,000 | that's occurring? Because they see a wave of motherfuckers coming in, they can whip their ass today like to make money on the failures. That's a business for |
546 | 01:18:42,000 --> 01:18:50,700 | them. A lot of people coming in not know how to do it, and have to re up it and go in. And okay, that's a pretty shrewd business model. I mean, if all the stats |
547 | 01:18:50,700 --> 01:19:00,630 | are, you know, to believe it's 90 days or less, you're gonna blow your account. Isn't it interesting that companies like that the company name escapes me, |
548 | 01:19:00,750 --> 01:19:09,900 | because it's not amp Apex the, you're gonna take out 3000 for the first month 3000 for the second month. And I don't know what the third month is. They keep |
549 | 01:19:09,900 --> 01:19:21,300 | you throttled because they want to make sure that you are held inside those 90 days because the bell curve of statistical evidence suggests that if they hold |
550 | 01:19:21,300 --> 01:19:29,520 | you underneath that 90 days, you're gonna blow your ass out, and they want to pay you shit. It's a casino. All of this shit is rigged. So now think about |
551 | 01:19:29,520 --> 01:19:37,230 | that. Not only do you have to beat the casino to house the market, you have to beat yourself, because you're gonna be throwing wrenches into this whole process |
552 | 01:19:37,230 --> 01:19:45,420 | with your toxic thinking ass backwards mentality. Trying to prove yourself to world, your spouse and your friends and neighbors like that fucking means |
553 | 01:19:45,420 --> 01:19:53,460 | anything. And now you're gonna go to a funded account process. And trust me, folks, I'm not trying to discourage you, but I'm just I'm talking really real |
554 | 01:19:53,460 --> 01:20:01,020 | with you if you were my fucking best friend, and you came to me and said look ICT no. Look, Michael. We've been friends forever. One time, we went to school |
555 | 01:20:01,020 --> 01:20:01,470 | together, |
556 | 01:20:01,710 --> 01:20:08,970 | I've watched what you've been doing. Okay, I put a pistol around. And I'm finally at the point where I want to do what you do, how do I go about doing it, |
557 | 01:20:09,270 --> 01:20:18,330 | I will talk to you just like this, I talk just like this, when it's things like this, I'm passionate, I'm not gonna pull any punches. I don't care if you like |
558 | 01:20:18,330 --> 01:20:27,360 | the way I said it. I don't care if you agree, because I live this shit. But if you think for a moment, that you're just gonna waltz in here, and do these |
559 | 01:20:27,390 --> 01:20:35,610 | funded account challenges, and something different is going to take place like, like that some hatches the landscape for you, you're underneath another umbrella |
560 | 01:20:35,850 --> 01:20:44,850 | of probabilities of failure, and you need to be aware of that. Now, that's not meant to discourage you not to make you feel like oh, shit, you know, he just |
561 | 01:20:44,850 --> 01:20:52,800 | took the wind out of my sails. No, what I'm reminding you of, is the rules I gave you use them. Don't try to make a lot of money. If they say you can only |
562 | 01:20:52,800 --> 01:21:02,400 | make $3,000. Okay? How about just trying to go and make you 1500 bucks stay way under the radar. Don't be in a rush to get the money out. And in the second |
563 | 01:21:02,400 --> 01:21:11,760 | month do the same thing. Oh, we can only get 3000? Well, let me make sure I get my three fucking $1,000 No, beat the whole process by not pushing. That's how |
564 | 01:21:11,760 --> 01:21:19,530 | you think it's 10,000 hours if I'm not mistaken, correct me if I'm wrong and Twitter. But I think if I'm not mistaken, a third month is they can only let you |
565 | 01:21:19,530 --> 01:21:27,840 | take or they only let you take 10,000 hours. So what that means is, at best scenario, you could in three months, take out what's that? 16,000 hours, what |
566 | 01:21:27,840 --> 01:21:35,760 | happens if you run it up bigger, you can't touch it. Apparently, that's what it is. That's my understanding. And I don't have any experience doing it. But why |
567 | 01:21:35,760 --> 01:21:43,920 | push harder than you need to just make 1000 to 1500 bucks, then once you make it stop, let them know you're there to fucking get paid, and you're not in a hurry |
568 | 01:21:43,920 --> 01:21:50,820 | to get the money. That's how you beat the process. That's how you beat the game. That's how you beat them. Don't think I gotta push it to the maximum they'll |
569 | 01:21:50,820 --> 01:21:58,560 | blow out. And that's what all young people are out here doing. You're pushing it because the threshold they gave you, that's the high end. So that's what you're |
570 | 01:21:58,560 --> 01:22:07,260 | going to aim for. Right? Why? Why are you doing that? All you're doing is in, it's increasing the likelihood that you're going to blow the account, you're |
571 | 01:22:07,260 --> 01:22:14,760 | gonna do something to blow it out. So that's my word on funded account. So you guys ask me all the time, you know, what's my thought process on it? That's |
572 | 01:22:14,760 --> 01:22:22,230 | exactly my thought process on it. Don't try to do the maximum that they allow. That's that's how you're gonna fail. That's what every person does when they go |
573 | 01:22:22,230 --> 01:22:30,660 | to Casino. Think about it. They don't go in there thinking, Well, let me make sure I manage my money. Well, they're going on American fucking lit, maybe on |
574 | 01:22:30,660 --> 01:22:39,600 | drugs, but they're drunk. They're drinking constantly, while they're there. You think sound rational thinking is on the forefront of their drunken stupor? No. |
575 | 01:22:39,900 --> 01:22:48,540 | But when you get these funded accounts, you're drunk. See, I'm not trying to diminish your achievement. Once you get to that point, because it takes effort |
576 | 01:22:48,540 --> 01:22:56,190 | to get there. You still have to do something to get there. Now, they might not be the right things that got you there, admittedly, once you get there. Yeah, |
577 | 01:22:56,190 --> 01:23:06,300 | that's commendable. And I'd like to encourage that. But once you're there, don't fall victim to the idea that, you know, you might just get lucky the stars align |
578 | 01:23:06,300 --> 01:23:14,700 | and spinner, the casino, One Armed Bandit, send you those three sevens and you get a jackpot. Because we're back to that same square one earlier in the |
579 | 01:23:14,700 --> 01:23:24,030 | conversation. You just want to have that positive experience. And you're willing to risk everything that you paid and put into it, to have that one, feel good |
580 | 01:23:24,030 --> 01:23:31,500 | move. Because if you can have that one feel good moment. And it's it's not a dream. It's not an imagination on your part. It's something that you really did, |
581 | 01:23:31,500 --> 01:23:39,480 | and you really took money out and you really spent it and you really achieved something, you really rose to the occasion, and you made all your fucking |
582 | 01:23:39,480 --> 01:23:46,410 | friends and your family look like assholes. Because you could throw in your fucking face and say, you piece of shit. You tried to hold me back, you talk |
583 | 01:23:46,410 --> 01:23:52,860 | down to me. You said I was never gonna do it. Fuck you and your assets, you're thinking, that's what you're thinking. That's exactly and you're not in your |
584 | 01:23:52,860 --> 01:23:58,860 | fucking head right now. The ones that know, that's what you're thinking, you know, that's what you want to do. You want to be able to stick into them and |
585 | 01:23:58,860 --> 01:24:08,280 | say, but it's creating such an emotional and psychological attachment to what you're trying to do. It's going to be the very reason why you fail. Because |
586 | 01:24:08,280 --> 01:24:16,650 | you're putting an all or nothing idea behind it. It's the be all end all. It's the only way it can happen. It has to happen this way. And only this way, |
587 | 01:24:16,680 --> 01:24:23,880 | because you can't imagine doing it any other way. Because you don't have the experience of seeing what you've learned is consistently delivered. You just |
588 | 01:24:23,880 --> 01:24:32,430 | want it to happen that one good time, that one good stretch of four weeks or so. So you can get that first withdrawal. That's real, because it could be a scam |
589 | 01:24:32,430 --> 01:24:40,590 | until that happens, right? This game is difficult, folks, because it's all happening between your ears. In your mind. You think that charts gonna run |
590 | 01:24:40,590 --> 01:24:47,730 | against you? When it's probably not. Or you think it's gonna run in your favor? When it's probably not. You think it's not gonna go anywhere today? It's gonna |
591 | 01:24:47,730 --> 01:24:57,570 | be a consolidation there and then it tears off big rings do all these things create? What if not, what if, what if doesn't make you money? What you do, makes |
592 | 01:24:57,840 --> 01:24:59,850 | or loses money. what's already happened? You |
593 | 01:24:59,850 --> 01:25:07,590 | can't make money on it, and you can't lose money on that. So don't let that shit make you have a decision that puts you into risk. Because if you're chasing |
594 | 01:25:07,590 --> 01:25:15,540 | market moves, and you go into these funded account challenges or get to the point where you have the funded account access, do not go into that impulsive |
595 | 01:25:15,570 --> 01:25:26,730 | mindset, let the boring low threshold, aim for $1,000 for the first month, you think at some figure at this point out of my ass for that end series, you use |
596 | 01:25:26,730 --> 01:25:36,180 | that, like I said, use it for your model. When you get funded. Go just try to get that $1,000 Oh, but did they let me get 3000? Who gives a fuck? Who gives a |
597 | 01:25:36,180 --> 01:25:44,940 | shit? The market laid 25,000 hours in front of me say hey, you want more? I could have done more trades. Who said I could have done more trades me self |
598 | 01:25:44,940 --> 01:25:52,560 | discipline, not there's not enough of that talked and taught because there's not enough profitable fucking people in the world that trying to teach. That's why |
599 | 01:25:52,860 --> 01:26:01,230 | you have to have discipline, you have to have rules that say engaging. And guess what else you have to have rules where it tells you you're disengaging, you're |
600 | 01:26:01,230 --> 01:26:09,630 | not going to do something anymore. And that's not weakness, backpedaling that's not retreating. That is we beat your ass, we're going home to celebrate. And |
601 | 01:26:09,630 --> 01:26:18,300 | we're going to come back again tomorrow and take some more. That's war, it's not retreat, just taking the troops home, some rest food, get your mind in the right |
602 | 01:26:18,300 --> 01:26:26,670 | place and get out there and battle it. Again, you're dictating the pace of this war. But some of you are defeating yourself before you can get out there. And |
603 | 01:26:26,670 --> 01:26:34,590 | you think that these funded accounts are going to be your secret fucking weapon, like that's going to be the silver bullet. That's the thing, man, that is the |
604 | 01:26:34,590 --> 01:26:42,900 | thing. That's this is the thing that got me over that hump, and you lose track of everything that you've been trained to do, and you do something stupid, and |
605 | 01:26:42,900 --> 01:26:53,730 | you lose all self control, you make a mistake, and you want to try to fix it real quick. I keep on like this, take the loss, stop and come back the next day. |
606 | 01:26:54,030 --> 01:27:00,780 | They have thresholds on there you have to meet and some of them are pretty difficult for a new trader. So if you lessen What is your and try to just aim |
607 | 01:27:00,780 --> 01:27:10,590 | for two or $3 a week, make that $1,000 and then stop, get beyond that first three months. And then all those limitations at my understanding that I may or |
608 | 01:27:10,590 --> 01:27:18,210 | may be incorrect, I don't have a whole lot of insight about them. But what little knowledge I knew I didn't know have is that they don't let you have the |
609 | 01:27:18,210 --> 01:27:27,240 | access to what you could potentially earn. So don't push too hard. Don't make an Olympic feat Olympic Challenge is not an Olympic event for you to try to get to |
610 | 01:27:27,240 --> 01:27:36,810 | $3,000 the first month $3,000 A second month, in the 10,000 hours on the third month and then wait to be able to take it all out. What prevents you from just |
611 | 01:27:36,840 --> 01:27:44,820 | aiming for the $1,000. And just taking that out and being thankful to $8,000. And I had to work hard for that hard you have to work to get that $1,000 Right |
612 | 01:27:44,820 --> 01:27:54,090 | now, without trading. What do you have to sell your something in your house, all your possessions, you got to get a second or third job to make that 1000 hours |
613 | 01:27:54,090 --> 01:28:04,080 | extra month. Contrast that with doing such a small task 250 hours a week. And don't let anybody tell you something worth doing. Or what's worth doing. You're |
614 | 01:28:04,080 --> 01:28:12,480 | trying to tell me if you walked out your house, and you found an envelope on your front step every fucking morning, with 50 bucks, Monday through Friday, in |
615 | 01:28:12,480 --> 01:28:20,040 | a week, you got to earn 50 bucks and you cannot take next week is the same show. And this went on for four weeks. And all of a sudden, that $1,000 that you now |
616 | 01:28:20,040 --> 01:28:29,820 | have, you're saying that if it didn't happen the next month, you wouldn't miss it. OSHA bullshit, you got to make your results, low hanging, easy to get. |
617 | 01:28:30,060 --> 01:28:37,290 | You're not stressing yourself out to get it. And it's so fucking easy to get. And when you get it consistently over and over and over again, that gives you |
618 | 01:28:37,290 --> 01:28:46,410 | experience it gives you experience with managing expectations, your personal responsibility as an individual trader, not to try to do more than it's |
619 | 01:28:46,410 --> 01:28:55,230 | necessary. And saying no, when your impulsive side says just go on. It was so easy. We got so fast. Like all the time we got this going one more time. That's |
620 | 01:28:55,230 --> 01:29:03,900 | the enemy. That's the enemy. You won't feel like it's the it's going to feel like that's the you in trading that has developed now. No, you're dialed in, you |
621 | 01:29:03,900 --> 01:29:12,420 | got when you get an A you lose what you made, and more. And now that hurts and you try to fix it right away. And you got to say no loss. I'll come back |
622 | 01:29:12,420 --> 01:29:19,230 | tomorrow. That's how you do it. There's nothing wrong, you're gonna go to work and then fell ill before you got there. Or maybe you got there and you had leave |
623 | 01:29:19,230 --> 01:29:28,200 | to come home. You couldn't fulfill your obligations as an employee. And unless you're paid salary, you lost those hours of wage. Did you lose your job because |
624 | 01:29:28,200 --> 01:29:38,850 | of that? make less money that week? Yep. Did your whole household come unglued? Because of that? No, it's an event that transpired that had a negative impact on |
625 | 01:29:38,850 --> 01:29:49,170 | you monetarily. And you had an indoor it. It didn't change anything to the point where you're now homeless, or you're gonna get a second job now because I had to |
626 | 01:29:49,170 --> 01:29:56,700 | go home that day. That's what you're doing. When you take a trade, and it was a losing trade and you refuse to take that loss and go home. You're trying to I |
627 | 01:29:56,700 --> 01:29:59,310 | need another job. I gotta I needed another job. |
628 | 01:29:59,909 --> 01:30:09,209 | I I need to get another job and assume more risk. Because this one didn't pay me like I wondered, now, how are you going to feel if the last job that you were at |
629 | 01:30:09,299 --> 01:30:16,109 | that just fired you and said, you suck as an employee, you didn't do your job, right? And you go in and you started another company, you got a chip on your |
630 | 01:30:16,109 --> 01:30:22,079 | shoulder, and a new boss says, hey, look, you know, we don't do things or anything like that, in your mind, the first thing is gonna come to mind. So you |
631 | 01:30:22,079 --> 01:30:29,669 | know, fuck you think you don't need to work this job and get no job I got, I found this job, when I wasn't even looking for it. That kind of shit. That's the |
632 | 01:30:29,669 --> 01:30:37,289 | kind of stuff I said, when I was young man, I had lots of jobs, I'd walk out of jobs quit and fucking tell him to kiss my ass, because I didn't want that. But |
633 | 01:30:37,289 --> 01:30:45,959 | that chip on your shoulder is the same thing you will have if you have a losing trade, you now are going into another job, and you're going to create that job, |
634 | 01:30:45,959 --> 01:30:54,299 | you're gonna find a job, the job is the next trade. But you're not prepared to go to work for another company, because you're salty. Because you just got fired |
635 | 01:30:54,299 --> 01:31:02,369 | and your last trade fired you, you're no longer employed do not gain from the marketplace. Because that trade fire dress, you got a chip on your shoulder, you |
636 | 01:31:02,369 --> 01:31:09,539 | need to tell somebody off? Well, they fired you, they didn't think giving you time on stage to be heard. So what are you gonna do, you're gonna go and press |
637 | 01:31:09,539 --> 01:31:17,219 | the button again. Now you're employed again, but you have a chip on your shoulder, and you want to get back with that last job took away from you, your |
638 | 01:31:17,219 --> 01:31:24,569 | pride, your bruised ego, you need to prove something, you have to prove something to your spouse, I'm not worthless, I should never got fired by that |
639 | 01:31:24,569 --> 01:31:32,159 | other company, that other trade should have never kicked me out. The broker did it to me, the market maker did it to me, the economic counter Did you know all |
640 | 01:31:32,159 --> 01:31:40,049 | these other excuses outwardly, that's not you, when it's just you see, all these things are factors that you don't think about because you don't have the |
641 | 01:31:40,049 --> 01:31:47,609 | experience. And if you don't have them in the forefront of your mind, and you even try to do these funded account challenges, that 10 clock that makes you |
642 | 01:31:47,609 --> 01:31:55,889 | want to do things that you don't need to slow down, don't try to aim so high, and give yourself a real chance. And what happens if you aim for the 1000 hours |
643 | 01:31:55,889 --> 01:32:03,629 | and you only make 500 bucks, that's your money, don't leave it in there, take it out. If they give the opportunity to take it out, take it out that reward for |
644 | 01:32:03,629 --> 01:32:10,559 | your time and effort, that's going to mean a lot. And it'll be an encouragement for you to have it in your journal that I took a withdrawal 500 bucks, look at |
645 | 01:32:10,559 --> 01:32:17,579 | this, this is like I really did that. And I have a lot of students were fighting and ours is a lot of money. I apologize, sometimes you hear me talk about money. |
646 | 01:32:17,909 --> 01:32:26,069 | And it may feel like I'm talking down to you, I'm not talking down to you folks, I'm just reminding you that you're learning something that doesn't have a limit |
647 | 01:32:26,189 --> 01:32:36,539 | to what you can do with it. But on the same side of that coin, you have to be able to manage yourself responsibly, because on the other side of that coin, you |
648 | 01:32:36,539 --> 01:32:45,329 | have the likelihood of losing everything and, and that part is what makes me unpopular, because I remind you every discussion, every time we get together, |
649 | 01:32:45,599 --> 01:32:53,249 | that this is the really real side of it all, there's risk here, and you're gonna lose money and Guaran damn tee, you're gonna lose money. But losing money is not |
650 | 01:32:53,459 --> 01:33:03,539 | losing your trading career that says a transaction or a series of transactions, just like losing hourly wages from being sick, car breaking down, flat tire, all |
651 | 01:33:03,539 --> 01:33:13,889 | that shit is an expense. But because you have made this Olympic event of trading, you've made no room, you've allocated absolutely no room for things to |
652 | 01:33:13,889 --> 01:33:22,439 | go wrong, things are gonna go wrong, it's going to happen, you're not gonna do something right, in a losing transaction. And if you don't know what you're |
653 | 01:33:22,439 --> 01:33:31,409 | doing, and you rush back in here and try to fix it right away with the ill prepared experience and logic is lacking, are you going to have limited results, |
654 | 01:33:31,589 --> 01:33:39,929 | you're probably going to have a compounded loss. And that feeds on the negative thinking that we talked about earlier, you're gonna have more negative thinking |
655 | 01:33:39,929 --> 01:33:48,719 | and the negative thoughts that propel you into thinking what I can't go home, and let my spouse see me with this loss, they're gonna see me suddenly come |
656 | 01:33:48,719 --> 01:33:55,139 | around the corner, they're gonna know right away, I've lost money. And they're going to ask me and I don't want to lie to them. I don't want to have to say, I |
657 | 01:33:55,139 --> 01:34:02,939 | lost money because they're gonna give me that, look, I fucking knew you were gonna lose, I told you, this was going to end up losing money, we can't afford |
658 | 01:34:03,029 --> 01:34:10,709 | to lose money. Now contrast that with, if you're going to have your spouse involved in this are aware of what you're doing. You sit down, and this is the |
659 | 01:34:10,709 --> 01:34:19,259 | things I'm going to do if I lose money on this first trade or a trade, and it's this much. I stopped trading for that day. Now contrast that in you exercise |
660 | 01:34:19,259 --> 01:34:28,319 | that responsibility, and you're losing trade, and you leave your trading area, you walk and join back to your family and your spouse sees you. And you say I |
661 | 01:34:28,319 --> 01:34:36,749 | have a losing trade today. Okay, what happened? Oh, this is what my role said. And I had limited it to this. And once I got to that point, I stopped. Now |
662 | 01:34:36,779 --> 01:34:45,719 | doesn't that disarm? Any rethink? Okay, you're reckless? Exactly. It's exactly what it does. You have to be able to present yourself only to yourself in the |
663 | 01:34:45,719 --> 01:34:55,499 | mirror every day and say, Okay, I'm not reckless. I'm not going out here and doing things on a whim. I'm being responsible with my time I'm being responsible |
664 | 01:34:55,499 --> 01:35:05,099 | with this money, and I'm sticking to the rules. If I incur a loss I'm Following the rules that helped me mitigate loss and risk, so that way, I don't blow the |
665 | 01:35:05,099 --> 01:35:12,299 | account that way, I don't fill myself up with toxic thinking, and I don't stress my spouse out, because I'm telling you whether you like it or not, if your |
666 | 01:35:12,299 --> 01:35:22,349 | spouse knows that you're trading, you have now made this a team effort. And it never, it never is easy when it's like that. Never. Now, am |
667 | 01:35:22,349 --> 01:35:32,129 | I saying hide things from your spouse. I didn't say that. But the Bible does say the left hand out your right hands doing. So you can take that how you want to |
668 | 01:35:32,129 --> 01:35:38,909 | interpret it, I just look at it this way. If I would have done that and said nothing about what I was dealing, admittedly, I probably wouldn't have my oldest |
669 | 01:35:38,909 --> 01:35:47,399 | son Cody, because the lady I got involved with would have never been in a position to want to be with me, for the reasons that she wanted to be with, say |
670 | 01:35:47,399 --> 01:35:56,339 | that, okay, I wouldn't have got into trouble with my personal life with a particular woman had I kept my mouth shut, and not let my friends know, |
671 | 01:35:56,339 --> 01:36:05,309 | everything I made. And when I was doing now, my present life, obviously, in the beginning, she didn't know everything. And it wasn't until years ago that she |
672 | 01:36:05,309 --> 01:36:14,429 | understood more about who I am, what I'm able to do, and even what we have, if I can go back in time, and do things differently, I wouldn't have said anything. |
673 | 01:36:14,609 --> 01:36:22,769 | And now let you judge me on that I don't give a fuck, okay. But I would have liked to never really been open or candid about anything. And that's how I teach |
674 | 01:36:22,769 --> 01:36:29,639 | my kids, I tell them all the time, and my wife does not agree with this mindset. And I've said this many times in this conversation, we're gonna close it, but |
675 | 01:36:29,639 --> 01:36:35,369 | I'm gonna say this, and honestly, because I know she's gonna be disappointed when I go in the house. And you told me it was gonna be this morning, and I've |
676 | 01:36:35,369 --> 01:36:45,719 | been out here for two hours. But I tell my children, that you don't owe anybody an explanation as to what you have, or what you earn, period, being married. |
677 | 01:36:45,869 --> 01:36:53,039 | Okay? Now I'm gonna say this, this is really going to really cost division. But again, this is my personal opinion, I'm entitled to it. And you can be |
678 | 01:36:53,339 --> 01:37:01,079 | argumentative, and you can say, I don't agree with that. And that's fine, we can agree that we don't agree, that's fine. But I'm telling my sons and my daughter, |
679 | 01:37:01,349 --> 01:37:11,189 | that what they earn, what they have in their bank accounts, is nobody's fucking business, especially in this world today, where people are motivated, they will |
680 | 01:37:11,189 --> 01:37:19,859 | tell you and marry you and have children with you, under the guise that they love you, they want to be with you, when they're willing to put their body |
681 | 01:37:19,859 --> 01:37:31,589 | through conception, childbirth, marriage, just to get in a situation where they can fleece you. And then you're devastated financially, emotionally. And now you |
682 | 01:37:31,589 --> 01:37:41,369 | have a broken household, all because one individual is motivated by money, when you might be motivated to be profitable as a as an investor, you're not |
683 | 01:37:41,369 --> 01:37:50,759 | motivated to live a life that would potentially wreck someone else's family, or your own family. So I tell all of my children, your money, is nobody's fucking |
684 | 01:37:50,759 --> 01:38:00,449 | business period. When you get married, should you decide to go that route? Your spouse, it does not entitle them to know what you have. When you die, then |
685 | 01:38:00,449 --> 01:38:07,499 | they'll No, leave it to them. And there it is, and surprise them to how much you but you don't tell anybody what you have? Because then guess what, if they're |
686 | 01:38:07,499 --> 01:38:15,959 | with you, they want to be with you because they want to be with you not because you have the ability to pay for things that the average person can't. And I know |
687 | 01:38:15,959 --> 01:38:23,039 | that there's going to be people to hear this and say this. Wow. I wouldn't have expected that from ICT. I mean, I thought he was this and that. I'm telling you |
688 | 01:38:23,039 --> 01:38:33,899 | from personal experience and look around, folks, this world is so fucked up and corrupt. Do you honestly believe look at these young guys. Okay, Miss. I'm |
689 | 01:38:33,899 --> 01:38:41,249 | looking at the clock got three minutes to get this done. What are these young guys out there with their cars on Instagram? And they're flashing everything. |
690 | 01:38:41,459 --> 01:38:50,429 | You know, I got this, I got that. I got this chain, I got these watches. And I got cars and trade this car and got this car and I got that car and I'm wearing |
691 | 01:38:50,429 --> 01:38:58,559 | these types of shoes and these clothes. Look at me, like all the attention on me. Be honest, folks, what type of individual? Are they attracting? Do you think |
692 | 01:38:58,559 --> 01:39:06,509 | anybody is looking at that and saying, You know what, this is a really upstanding young man. He's, he's well put together well mannered. You know, |
693 | 01:39:06,509 --> 01:39:15,359 | he's, he's not a show off. Yeah. And he's probably someone that's going to be very trustworthy when I'm not around. He's not. He's not trying to be |
694 | 01:39:15,659 --> 01:39:21,959 | influential to other people to get more attention. And he's, he's not going to do anything that would draw more attention to himself. So I wouldn't have to |
695 | 01:39:21,959 --> 01:39:30,869 | worry about anything when I'm not around him. You think people are looking at these young guys like that? No. But there are girls out there thinking, man, all |
696 | 01:39:30,869 --> 01:39:40,049 | it takes us one good weekend. I got my last meal ticket. Because folks whether you'd like this shit or not, or believe it that's exactly what happened to me. |
697 | 01:39:40,319 --> 01:39:43,409 | That's exactly what happened to me. And I didn't even see it coming. I got rolled. |
698 | 01:39:44,460 --> 01:39:54,540 | It got fucking okay as to what happened and I'm gonna go sit who believes it. Okay, but in 1995 ICT got rolled, and my whole life changed because of that. And |
699 | 01:39:54,540 --> 01:40:03,690 | I tell my kids and my oldest son who was a result of that. I tell them all the time you don't tell Anybody what you have? If you're married, and your spouse is |
700 | 01:40:03,750 --> 01:40:10,650 | gonna hate me, and can we afford it? You just tell him the bills are fine. You don't worry about that part. You don't pour it on thick. You don't say what you |
701 | 01:40:10,650 --> 01:40:18,180 | got and what you can earn none that shit. If you live your life like that, you'll have less drama. Don't Don't call attention to things like that. Because |
702 | 01:40:18,180 --> 01:40:26,340 | you can afford Lamborghinis. Doesn't mean, you should have a whole row of them out front of your house. What's, what's the advertising? Well, if I was a con |
703 | 01:40:26,340 --> 01:40:36,090 | artist, okay, let me tell you what I would do. I would go down to Miami, in Florida. And I would drive my car in front of one of these other cars that these |
704 | 01:40:36,090 --> 01:40:43,590 | YouTuber guys these Instagramers and I would break check them. Let them rerun me. And I assume that's what a con artist would do. There you go. That's a con |
705 | 01:40:43,590 --> 01:40:54,210 | artist. That's a con artist mentality. Okay. They're broadcasting. They have something to take. I have to Corvettes Yeah, that I rarely ever drive. And some |
706 | 01:40:54,210 --> 01:41:01,050 | of you asked that, can you see I know what you're asking if you think I flipped them. Because the guy down in Texas as I flipped Corvettes, and white ones are |
707 | 01:41:01,050 --> 01:41:08,340 | the most popular ones, and yada yada yada. It's the same fucking Corvettes that I'm not trading. They're my babies. And I'm not getting rid of them. But I don't |
708 | 01:41:08,340 --> 01:41:15,960 | go around doing those types of things because it draws special attention. I have cars that wouldn't look like anybody else's in the neighborhood I'm sleeping in |
709 | 01:41:15,960 --> 01:41:24,450 | right now. But I could afford a whole lot more. I don't anymore, because I seen the tide change the way the world is right now. Everybody's looking for a meal |
710 | 01:41:24,450 --> 01:41:33,960 | ticket, everybody's looking for a lawsuit, everyone's looking for some way to scam the next person and you want to broadcast to the world. Look at me, I have |
711 | 01:41:33,960 --> 01:41:41,340 | something to take. So I tell my children don't do that. And I don't care what your opinion about that is, because I guarantee you nobody listening to me has |
712 | 01:41:41,340 --> 01:41:49,830 | as much money as I have. So you're not going to tell me any advice that I need to follow. So young men and women that are aspiring to get wealthy and fluent |
713 | 01:41:50,010 --> 01:41:58,350 | with all this information you've been learning. Think about that. Because what you're saying to yourself, you're only worth special attention, and adoration if |
714 | 01:41:58,350 --> 01:42:10,050 | you do that. And you're doing it all wrong. Because you are putting a price tag on relationships with you based on what you can buy a pain floss, how you drip, |
715 | 01:42:11,460 --> 01:42:21,150 | all the things that you can run around and represent as an image. That one guy that I met Adele, I met him in the parking lot of Kendall High School, that's my |
716 | 01:42:21,630 --> 01:42:30,570 | high school. And I pulled up in my 21 Corvette, and I'm quite certain when I got out of the car, he looked at me and thought, that's not what I imagined. I |
717 | 01:42:30,570 --> 01:42:41,610 | didn't expect it to be this guy. And I told this to you all, if you met me, and you spent time with me, this is how I am. This is me if I'm talking otherwise, |
718 | 01:42:41,670 --> 01:42:51,660 | most of the time, and that's the markets or world events I'm talking to, it's hard to shut me up. Case in point where we're two hours, but I'm usually soft |
719 | 01:42:51,660 --> 01:43:02,310 | spoken, not really talkative, and I keep to myself, but anything like the market, I have to I have to stop myself, I have to make a point to throw or |
720 | 01:43:02,550 --> 01:43:11,970 | something like my wife or my kids in Iraq to me saying, okay, look, this has got to take your attention away. But I'm not trying to live a very high attention, |
721 | 01:43:11,970 --> 01:43:19,320 | lifestyle. Like I don't do those types of things. Because I've learned a lesson when I was 28 Put me in a situation where I did change my life for 21. So it |
722 | 01:43:19,320 --> 01:43:30,000 | scarred me it caused me to not necessarily really appreciate my life as much as I would have had not made that decision to be with someone who I thought was |
723 | 01:43:30,000 --> 01:43:40,560 | single who I thought was someone else. And it was being represented to me that that relationship was something that it wasn't, and then become a father, to a |
724 | 01:43:40,560 --> 01:43:49,980 | child with that woman. Because of the things that I did and things I said and the way I acted and the things I flaunted it brought the attention that none to |
725 | 01:43:49,980 --> 01:43:58,110 | you want everybody to look up to you and say, Wow, they're successful. Wow, look how many people follow them. Everybody's got an high opinion of that person. |
726 | 01:43:58,350 --> 01:44:06,390 | Because of this, that kneeling thing. I made a name for myself with a demo account, and proving things that repeat over and over again, with boring videos, |
727 | 01:44:06,510 --> 01:44:16,230 | no glamour, no glitz, none that stuff, just the stuff that works. It's never been about image. And when I talk to you, I try to turn back to that idea. |
728 | 01:44:16,230 --> 01:44:23,280 | Because I know my kids are listening to these types of because they're on the internet. My older kids listen to these things. And I'm not proud of some of the |
729 | 01:44:23,280 --> 01:44:30,840 | things and how I talk because they know when I get well, I'll use the colorful words, but I'm capable of having a conversation without using them. But I'm |
730 | 01:44:30,840 --> 01:44:39,000 | passionate about some of the things and what I get answered and I go reaching for the blue collar words. And it's the parts that I wish I wouldn't have had in |
731 | 01:44:39,060 --> 01:44:46,560 | these conversations. I wish I could my tongue I wish I could control myself and and be able to articulate these things without having to go for those words. But |
732 | 01:44:46,830 --> 01:44:58,440 | my subconscious says you'll appreciate the intensity of what I've said. If I speak to you in a language that we can all agree on is more impactful. And words |
733 | 01:44:58,440 --> 01:45:06,870 | are words Okay? In the workbook, some of you never heard me say that because in the YouTubes, I don't ever say those types of words, but stuff, I'm going to say |
734 | 01:45:06,870 --> 01:45:16,320 | that because I'm going to reach to something that is, well, I have a strong conviction about, and I'm going to reach for something because I'm conveying in |
735 | 01:45:16,320 --> 01:45:29,280 | the easiest manner with the vocabulary words on choosing to either show excitement, disdain, rage, or happiness. Elysian, you know, we're laughing about |
736 | 01:45:29,280 --> 01:45:37,830 | it, and just saying, This is fucking crazy, or says funny, whatever. That word may be viewed in some way as the off to bog I wish you wouldn't do that. That |
737 | 01:45:37,830 --> 01:45:47,550 | word is just a four letter word, it means absolutely nothing. I didn't fornicators anybody, I didn't call you a fucker, I'm reaching to a word. So that |
738 | 01:45:47,550 --> 01:45:55,830 | way you understand, I'm trying to put an exclamation behind. And when I'm talking about things that are not leaning on that type of vocabulary, it doesn't |
739 | 01:45:55,830 --> 01:46:03,750 | diminish the things I'm talking about. It just means that at the moment, I feel like I should have your attention without knew that. But other times, I'll reach |
740 | 01:46:03,750 --> 01:46:12,420 | those words where I really want you to pay attention. Really pay attention to this and reflect on and are you making these decisions with these thought |
741 | 01:46:12,420 --> 01:46:20,880 | processes and milling? And if you are, I'm challenging you to think about why you're doing that. Because most of you aren't really here to make money for the |
742 | 01:46:20,880 --> 01:46:31,290 | money, send the money side of it, you want to have attention, you want to feel heard. You want to feel appreciated by other people. And you think that that's |
743 | 01:46:31,290 --> 01:46:41,880 | self worth, and that's not that's fake. And I learned that the hard way. You know, my father, he's in Jessup, Maryland, inmate number 155634, male house of |
744 | 01:46:41,880 --> 01:46:53,670 | corrections, Michael Joe Harrington, convicted of murder, he was a contract murderer, Hitman, the real thing. Absolutely. Real Deal. Google it, look him up. |
745 | 01:46:53,910 --> 01:47:03,030 | There it is. I had a lot of scars, like you have may have a father and a mother that you were raised by. I didn't have that. So I have a lot of built in |
746 | 01:47:03,030 --> 01:47:10,770 | hostility and reasons to prove myself. Everybody said I was gonna be just like him, you're gonna be just like your father. Fuck I am. I have anger issues |
747 | 01:47:10,770 --> 01:47:19,110 | sometimes. Well, let's be honest, just about every day. But I think I do a pretty good job of managing, I haven't murdered. I didn't go to drug usage, like |
748 | 01:47:19,110 --> 01:47:27,810 | my father did when he was in Vietnam, when he bought two thirds of his platoon turn on each other, and literally shoot each other up. And he had to drag a dead |
749 | 01:47:27,810 --> 01:47:35,580 | body over top of him to hide, so that way, the he didn't get popped either. And that's the only stories I've ever heard from him about Vietnam, because when I |
750 | 01:47:35,580 --> 01:47:44,490 | would ask him, his eyes would gloss over. And he would stop talking. And I just started, he didn't go through anything. And he's just embarrassed. And I've |
751 | 01:47:44,490 --> 01:47:51,480 | talked to other folks that were in Vietnam, and the guys that really went through stuff. They don't talk about it. But he picked up a heroin addiction. |
752 | 01:47:51,480 --> 01:48:00,780 | They were there. They came home, and his mother and father gave them everything. Now, they weren't a fluid like I am. But they were better than most people in |
753 | 01:48:00,780 --> 01:48:06,990 | our area. And that time, they gave him cars, they gave him an apartment that he'd had to pay for. They paid his rent his furniture and didn't spend the |
754 | 01:48:06,990 --> 01:48:15,150 | money. And he got drafted. So when he came out, came home, he had a heroin addiction. And he didn't want to do here whenever there. But because of the |
755 | 01:48:15,150 --> 01:48:22,410 | stress and everything that's around war, who do you trust, and he couldn't even trust the sample to members. Imagine that. These are the guys that you have |
756 | 01:48:22,410 --> 01:48:31,440 | entrusted your life to, you got their back, you got theirs. And because of fear, not knowing when the hell you're gonna get killed, you start using drugs, just |
757 | 01:48:31,440 --> 01:48:40,620 | to numb it. And one day, they all fucking flip out. And two thirds of his platoon started shooting each other, that fucks up anybody. So when he came |
758 | 01:48:40,620 --> 01:48:48,450 | home, he had to pay for a drug addiction that he picked up over there. And my grandparents cut him off. So what's he going to do to make money, whatever he |
759 | 01:48:48,450 --> 01:48:58,200 | could, and he got into the business of doing things that he shouldn't have. It's a strange twist of events. My best friend from preschool, his wife, her uncle, |
760 | 01:48:58,440 --> 01:49:08,010 | he and my father decided they were going to do a contract and take a guy out, went into a bar, let him out by gunpoint, walked him down in home school to put |
761 | 01:49:08,010 --> 01:49:16,080 | his knees on the ground, put your hands on your head and lights out. And my father's ex wife was the one that turned him in for the ransom. So I didn't have |
762 | 01:49:16,080 --> 01:49:25,770 | a father like that. I had a guy I never remembered seeing until I was seven years old, going to marital house of corrections and penitentiary downtown |
763 | 01:49:25,770 --> 01:49:33,150 | Baltimore, had a lot of lies told to me saying hey, so I'm we're gonna go fishing. We're going to do all those things that kids do with their dad. They |
764 | 01:49:33,150 --> 01:49:41,700 | were all lies. So I grew up as a young man with a lot of hostility and animosity and a chip on my shoulder. Shit, the proof. Everybody my family said I was going |
765 | 01:49:41,700 --> 01:49:51,060 | to be just like him. I look around. I don't see anything that my dad ever did. My father would not be talking to you like this. My father would not have poured |
766 | 01:49:51,060 --> 01:49:59,370 | out 1000s of hours for nothing. My father wouldn't give two fucks about you. My father wouldn't care if you needed anything. If you were in lack. He wouldn't |
767 | 01:49:59,370 --> 01:50:07,230 | care. I'm not nothing like my, and my mother didn't want me. The only reason why I was here and talking to you is because that same man threatened to kill my own |
768 | 01:50:07,230 --> 01:50:14,160 | mother and cut her throat if she was going to have an abortion because she had just had an abortion before when I was pregnant with another man. So I grew up |
769 | 01:50:14,310 --> 01:50:24,240 | with this idea that I wasn't supposed to be here. In a lot of ways. Most of my childhood was me, building this idea in my head that I got come something that's |
770 | 01:50:24,270 --> 01:50:31,770 | gonna make them regret how they neglected me. And that's what wired me to be who I am. And the only people that really mattered to me were my grandparents, they, |
771 | 01:50:32,070 --> 01:50:40,650 | they instilled in me the only things that are wholesome and good. If Navy man took no shit. Yes, sir. Don't sleep in on weekends, get up, helped me move these |
772 | 01:50:40,650 --> 01:50:47,340 | picnic tables around at a business rebuild picking someone for cash. And I'm gonna do deliveries with them. And you know, some already but they're the only |
773 | 01:50:47,340 --> 01:50:58,860 | two people I wish. I hope they can see me. I hope they can see the person I grew into, and how I tried my best to pour into all of you. Because I wish I had this |
774 | 01:50:58,920 --> 01:51:08,520 | coming up. I tried to be I don't think of myself as a superhero. I don't think of myself as a rock star. But I tried to be the very thing I prayed I had |
775 | 01:51:08,640 --> 01:51:17,010 | growing up somebody to look up to that really genuinely wanted to see me succeed because there wasn't a mother fucker. They wanted to see me six they were all |
776 | 01:51:17,010 --> 01:51:25,830 | waiting for me to fail sick and come around and like hyenas and fucking laugh in my face. And I knew it. And I did everything I fucking could. multiple jobs. |
777 | 01:51:26,010 --> 01:51:35,640 | Worked on weekends. Fucking study my ass off. Ever did I excelled in everything. Martial arts. Yep. Weightlifting. Yep. Businesses. Yep. |
778 | 01:51:35,820 --> 01:51:46,170 | Treating the fucking best baby. The best in area. No motherfucker ever going to be better than me. That's how it's always been. But what pushed me here was the |
779 | 01:51:46,170 --> 01:51:56,400 | fact that there wasn't nobody, nobody, not one motherfucker said you can do that. Everybody said I was gonna, every single person said I was gonna fail. Oh, |
780 | 01:51:57,060 --> 01:52:05,430 | being the person that I am. All these things that would otherwise be handicaps and other people's mental. I used them as strengths. I have obsessive compulsive |
781 | 01:52:05,430 --> 01:52:15,030 | disorder, okay. I'm gonna put myself in fucking charts until I figure this shit the fuck out. Nothing else matters. But this. And yes, I was willing to let |
782 | 01:52:15,060 --> 01:52:25,500 | relationships, family, everything fail around me until I got this first marriage. My children, I was not the best father. They were provided for. But |
783 | 01:52:25,500 --> 01:52:32,850 | they didn't have my time. Did he talking to me about what they're excited about. And I'm looking at charts nodding my head. Like I heard what they said, I didn't |
784 | 01:52:32,880 --> 01:52:41,940 | hear a fucking thing. My children said to me, I was a terrible dad. Terrible. So you see me as someone that's amazing doing that. But none of you would have paid |
785 | 01:52:41,940 --> 01:52:51,330 | what I paid to get it and I'm not proud of it. So because of all that guilt, and shame, I live my life like this. And I've been doing this since 2010, where I |
786 | 01:52:51,510 --> 01:53:00,540 | literally come out here and do it because I think it should be done. And I wish people wouldn't have sold my shit. Gave me a case of the Assam 2016 Because I |
787 | 01:53:00,540 --> 01:53:07,830 | would have loved to been able to say I never went out and sold. I never did this. I never do that. But guess what, folks, I'm not biggest I've ever been |
788 | 01:53:07,830 --> 01:53:16,740 | right now. Right now the biggest I've ever been. And I could sell millions. And I don't want to I don't need it. And that's the biggest testimony anybody could |
789 | 01:53:16,740 --> 01:53:27,120 | ever have for not needing to do. But some of you young men want to do the very things that I fell victim to, that fucked up everything for the first half of my |
790 | 01:53:27,120 --> 01:53:35,160 | life. And I didn't see it coming and you don't see it coming. The things you're trying to do for image attract all the wrong type of people into your life. You |
791 | 01:53:35,160 --> 01:53:42,570 | don't want that you think you need it and want it right now. Like that's gonna matter to you. Anybody that comes into life with that type of shit, because of |
792 | 01:53:42,570 --> 01:53:49,590 | things you have. They're superficial, they don't genuinely love you, they don't fucking think that you're a cool fucking friend. They're just around you, |
793 | 01:53:49,890 --> 01:53:58,260 | because you have something they can't obtain on their own. And maybe you'll let them drive your cars, you know, sleep in the fucking house and pretend like |
794 | 01:53:58,260 --> 01:54:05,460 | you're your best buds and maybe some of your attention will cause them to have an image and they can grow. Look at these guys. Look at these young guys, they |
795 | 01:54:05,610 --> 01:54:13,620 | they pile up with one another, trying to get clout to build their own image instead of just doing what it would take to be a wholesome individual on their |
796 | 01:54:13,620 --> 01:54:21,660 | own merit and their own steam. There they are. They arrived. I have a lot of respect for people to go on their own steam and do their own fucking thing. But |
797 | 01:54:21,660 --> 01:54:30,840 | these team mentalities these IML tech guys, it's it's pathetic, and they're all lacking the very same things that I was lacking, because that's exactly what I |
798 | 01:54:30,840 --> 01:54:39,780 | was. I was one of those kind of guys, when I was in my 20s and I had no money. I thought Shit, my own fucking parents didn't want me. So it's gonna be easy for |
799 | 01:54:39,780 --> 01:54:49,860 | me to get friends, girlfriends hookups, all that there was flashing cash, pull up in my nice cars. It's easy. And it was it was very easy, but it was fake. |
800 | 01:54:49,950 --> 01:54:58,710 | They didn't give a fuck about me. They didn't really care about me. They just want to see what they can get from me Gucci bracelets and watches. Rolex is nice |
801 | 01:54:58,710 --> 01:55:07,530 | to share with everybody to one my friend And so if I asked you to give me a Rolex Would you give me like, yeah, no way. Yeah, let's go. Done it on a dare. |
802 | 01:55:07,830 --> 01:55:16,110 | That woman I had moto Sunlife there, we wouldn't go on an airplane. So a destination she just named off the top of her head, Hawaii, and Hawaii didn't |
803 | 01:55:16,110 --> 01:55:24,900 | work out. Couldn't get flight that next morning, Bermuda, we did. And we were in Bermuda the next day at 11am. Now that's not a big deal. Okay, it's not. But |
804 | 01:55:25,470 --> 01:55:34,860 | that's the kind of shit I did. Because I wanted to prove to everybody proof proof proof, because that that transaction gave me the response of validation. |
805 | 01:55:34,980 --> 01:55:42,660 | Hey, it's real, because I proved it. Look at this. So I've given you all the proof that's necessary. I've given you all the tools to do what I do. Show you |
806 | 01:55:42,660 --> 01:55:51,210 | what I've done. proved it, students are doing it, some of our new being better than others. And there are some that are failing. And that's the reality of it |
807 | 01:55:51,210 --> 01:55:58,860 | all. You're not all going to succeed. But I believe all of you are capable of succeeding. Do you have what it takes to do this? I don't know. I don't know |
808 | 01:55:58,860 --> 01:56:06,840 | what you're contending with. It's like, I had so many things. I was contending with a lot of things that would have been viewed as obstacles or barriers. And I |
809 | 01:56:06,840 --> 01:56:16,470 | had to find a way to turn that stuff into an advantage for me. And I used to sit in my my room with books piled up all around my fucking ass. And I would have |
810 | 01:56:16,470 --> 01:56:24,390 | the rocky thing where he's, he's training and he's doing all this montage bullshit. As a young man, I used to do that shit. And you young guys would |
811 | 01:56:24,390 --> 01:56:30,750 | probably laugh your ass off, you're gonna do the same shit. I played the certain songs and I'm playing Eminem. You know, I'm up here and I'm doing all the |
812 | 01:56:30,750 --> 01:56:31,920 | bullshit. Look, |
813 | 01:56:31,950 --> 01:56:41,790 | I got it. You got to do whatever you do to get yourself motivated. I had to dig into some fucking dark shit, to keep me motivated. Because everyone around me |
814 | 01:56:42,060 --> 01:56:51,930 | was broke ass motherfuckers that had a toxic view on life, themselves and everyone else. And here I am trying to come to the point where I'm not working. |
815 | 01:56:52,230 --> 01:57:01,650 | Like I'm not working for these fucking people that literally are not better than me. Just because you went to fucking Harvard, just because you went to fucking |
816 | 01:57:01,650 --> 01:57:08,820 | Yale. And you've done this and you've done that. And your parents paid for this or your fucking athletic ability put you through school on a scholarship. And |
817 | 01:57:08,820 --> 01:57:13,050 | now you're in a position of management who were taught me you think that fucking makes you better than me? |
818 | 01:57:13,350 --> 01:57:22,290 | Unknown: Who the fuck are you? Dude? You wasted time in school. Fuck off. You're gonna stay here. You need that paycheck. The fuck if I need it. I'm making my |
819 | 01:57:22,290 --> 01:57:23,250 | own paycheck. |
820 | 01:57:23,370 --> 01:57:27,960 | ICT: They're all still fucking working on opening to get their fucking vacation approved. |
821 | 01:57:28,050 --> 01:57:35,970 | Unknown: Fuck you. I'm on vacation. 20 Fucking seven. If I want to go on vacation go tomorrow, right now I can fucking pack my shit and go, there isn't a |
822 | 01:57:35,970 --> 01:57:39,180 | man or woman saying hey, you got to go to work tomorrow. |
823 | 01:57:39,390 --> 01:57:48,090 | ICT: That's what motivated me. Fuck working. I am not fucking lazy. You all can see I'm not lazy. There ain't a motherfucker out there in this industry putting |
824 | 01:57:48,090 --> 01:57:57,900 | out more than I put out. I am a over fucking workaholic, I will fuck everybody to death. This was gonna be a short fucking lecture, a short little discussion. |
825 | 01:57:57,900 --> 01:58:09,360 | Remember that? Because I give a fuck, I give a fuck. I care. I want you to succeed, you have taken the time to sit down. And you are giving an ear to the |
826 | 01:58:09,360 --> 01:58:19,410 | things I'm saying. I have what works. If I have that thing. Everybody fucking, and I'm laying in your hands, all I want you to do is doing the right things |
827 | 01:58:19,410 --> 01:58:28,740 | with it. So be mindful where you received it from. I said earlier, I got off tangent, go to Amazon and do a search on Smart Money concepts. And look at how |
828 | 01:58:28,740 --> 01:58:35,550 | all these people are writing books. And look at all the shit that you're seeing in my mentorship videos. That's within your books, and you don't see my name. |
829 | 01:58:35,730 --> 01:58:44,640 | Oh, he's pitching his name? No, it's not about me. That's not That's not what this is. Because when you listen to my testimony, you know who I'm giving credit |
830 | 01:58:44,640 --> 01:58:52,410 | to. Because without him, I can't do anything. But you see these kids out there trying to make a name for themselves real quick put it out there in writing. And |
831 | 01:58:52,410 --> 01:58:59,400 | none of them have an correct description of what an order book is. And that's the reason why I've done what I've done with OtterBox because all of them are |
832 | 01:58:59,400 --> 01:59:07,740 | going to look real stupid, real stupid. When I put these books in your hands for free, and you see exactly what an order book, what makes it an order book, Why |
833 | 01:59:08,070 --> 01:59:17,850 | is it trustworthy? And why they're not going to stop working one day. It has nothing to do with banks. Okay? They go down in this down clothes candle they |
834 | 01:59:17,850 --> 01:59:28,350 | call an institutional candle. And folks Listen, stop calling runs on liquidity, liquidity grabs, that fucking is irritating as shit. Like, I don't want to sound |
835 | 01:59:28,350 --> 01:59:39,660 | like a snob but that sounds like ignorance liquidity grab. Now, it's a raid on liquidity or a purge, it can sweep that liquidity or when it engages it, it just |
836 | 01:59:39,660 --> 01:59:47,730 | uses it as a speed bump. But he's these guys out there literally have taken everything and that mentorship stuff that you're getting the core content |
837 | 01:59:47,730 --> 01:59:55,890 | lessons. That's why I've done it for the people that have sent me emails from a group that are paid, but you lost a lot of respect. I love you as a mentor, but |
838 | 01:59:55,920 --> 02:00:03,630 | you really fell down a lot of notches, in my view of you as a person. Okay? I'll be fine with that. Now go over to Amazon and look at what they've been doing |
839 | 02:00:03,630 --> 02:00:11,940 | with what you paid for. That's why I'm doing it for free. Because those same lessons, that's in my private group, no, it was not it, you had the experience |
840 | 02:00:11,940 --> 02:00:19,800 | of sitting with me every single day, telling you where the Mark was gonna go. Using this concepts, you could do what anybody would want to learn how to do, |
841 | 02:00:20,070 --> 02:00:28,080 | but they've bastardized it and prostituted, and put it out there and tried to make it like they created it. But none of these kids can do what you see me |
842 | 02:00:28,080 --> 02:00:34,710 | doing. That's why I came back to Twitter to shut the mouth of all the bullshit artists out there. So you're welcome to say whatever you want saying, You're an |
843 | 02:00:34,710 --> 02:00:42,480 | asshole, you're a prick, you're arrogant, whatever, I don't care, I had loose ends. And I came back to Twitter to make sure I tied them all up. And it's |
844 | 02:00:42,480 --> 02:00:50,850 | funny, everybody has a loose tongue when I wasn't around on Twitter. And now I'm back here. And everybody's lost their tongue. And their velcro balls dropped |
845 | 02:00:50,850 --> 02:00:58,710 | off, like a tree buttered. And so and so really, I'm coming out here daily, wouldn't you want to have a mentor it does this. Now, you might not like the |
846 | 02:00:58,710 --> 02:01:09,240 | delivery, the tech that I use or don't use. But that's just not me, I don't like to be refined 24/7 is impossible for me. I go off the rails and give it enough |
847 | 02:01:09,240 --> 02:01:21,210 | time. off the rails. I know where I'm going again, I know where to destination, it's perfil I got receipts baby, I got an all day long every week, every day, |
848 | 02:01:21,330 --> 02:01:28,230 | and you have the capability of doing some stuff. And that should be exciting, that should be encouragement to you. And you should not be trying to do these |
849 | 02:01:28,230 --> 02:01:35,280 | toxic things that are not going to bring you what you're hoping there. If you're trying to get attention, you're doing it wrong, you're going to do things that |
850 | 02:01:35,280 --> 02:01:44,580 | are going to motivate you for all the wrong reasons. And when you fail, that's normal progress, shows, failures are all part of this. losing trades are part of |
851 | 02:01:44,580 --> 02:01:51,570 | it. It's all part of the learning process. And you can't avoid it. And some of you are trying to avoid it, these things are going to be the catalyst for you to |
852 | 02:01:51,570 --> 02:02:03,090 | be impulsive, to try to get a reaction from other people, because you need outside sources like I did when I was 20 years old. I needed to be validated as |
853 | 02:02:03,090 --> 02:02:12,870 | a young man, I needed it. My father couldn't be a father to me. And I literally I saw my dad less times than I have fingers on one hand. Think about that. Now I |
854 | 02:02:12,870 --> 02:02:19,860 | know some of you were birthed into this world you don't know your father didn't ever around, and I get that I'm in the same situation. That's who I am. That's |
855 | 02:02:19,860 --> 02:02:28,650 | me. And several men stepped in in different stages of my life and played dead for a short period of time, but nobody longer and better than my grandfather. |
856 | 02:02:28,980 --> 02:02:30,270 | And I wish they could, you know, |
857 | 02:02:30,480 --> 02:02:39,240 | I wish I could hear him. Tell me he's proud of me that that is something I can never get. And that motivates me, that drives me, I would love to hear my |
858 | 02:02:39,240 --> 02:02:47,340 | grandma say, I'm proud of you, Michael, what you've done with yourself and how you help others, I do that I do that all the time, I think about every single |
859 | 02:02:47,340 --> 02:02:56,190 | day for I lay my head down thinking myself, I wish they could just see it. And that I didn't amount to the pieces of shit that every one of my family said, |
860 | 02:02:56,190 --> 02:03:05,340 | because that's what they were all stuck in that mindset of just going to work, get a mortgage, if you are lucky, not all my fingers have homes, they some of |
861 | 02:03:05,340 --> 02:03:13,710 | them are rented in places like my mother, who didn't want anything to do with me. She had something and thank your mother, you know, like, hey, look, I think |
862 | 02:03:13,710 --> 02:03:25,290 | you're going to do well keep keep pushing. No, that should happen. None of that. None of that. When I talk to you remember most of what I'm saying, in my mind. I |
863 | 02:03:25,290 --> 02:03:35,250 | have my children. So my audience right now has been my sons and my daughter. But because I feel passionate, and I mean it from my heart. And you're hearing this, |
864 | 02:03:35,340 --> 02:03:42,600 | it feels like I'm talking right to you. And that's what made me as a mentor. Little bit different because I'm not blowing smoke up your ass. I'm not using |
865 | 02:03:42,600 --> 02:03:50,130 | rented it for servers. I'm not talking about things that happen. And I didn't push a button and I didn't pretend about a story or a backstory or an origin of |
866 | 02:03:50,130 --> 02:03:59,010 | some kind of horseshit. I live this stuff, the things I tell you the real, the people that were in my life real, where I came from, where I learned these |
867 | 02:03:59,010 --> 02:04:08,520 | things, real, the experiences and the testimony, I gave that some jerk down in Texas claims to be a Christian, but makes mockery of and I have no shame and no |
868 | 02:04:08,520 --> 02:04:22,470 | tearful testimony. That's real. I'm a human being unreal, I'm not AI. I have feelings. I have a temper. I have limits to my patience. And I had to endure a |
869 | 02:04:22,470 --> 02:04:32,370 | lot of things that I know most of you wouldn't have done. And if I wouldn't have been plagued with OCD bipolarism all these things that are very hard to manage |
870 | 02:04:32,400 --> 02:04:42,090 | every day. Like it's very difficult being who I am. It's hard to it feels like it's 1000 things in my head fighting to be the first inland all the time. And I |
871 | 02:04:42,090 --> 02:04:51,480 | can't do a good job all the time consistently in managing which one gets to be in the front row right now. And if you don't know what that means, or don't |
872 | 02:04:51,480 --> 02:04:57,810 | understand what that means. Just think about when I'm talking to you like this one. I'm all over the place. I can come back to a conversation that I started |
873 | 02:04:57,840 --> 02:05:06,450 | 2530 minutes ago an hour ago. Memory back to it. Like, I didn't pause from it. And it's very hard to learn from someone like, I'm aware of it. I'm aware that |
874 | 02:05:06,450 --> 02:05:17,550 | I'm not an ideal mentor because of that. So I, I try to encourage you to do things a specific manner and studying under me, because I'm aware that I'm not |
875 | 02:05:17,580 --> 02:05:27,960 | the best in that regard. I have a lot of limitations. I'm not as eloquent as other people. But I am absolutely the best. And I don't care if that money here, |
876 | 02:05:28,170 --> 02:05:39,330 | I am the that I am the best period. And I'm willing to teach you, I'm willing to show you what it is that I do. I'm giving it to you. And I just, you know, want |
877 | 02:05:39,330 --> 02:05:48,000 | our community to just remember that not kiss my ass, not worship me. You don't need to be thanking me every day. Yeah, I appreciate it. Okay, I appreciate |
878 | 02:05:48,000 --> 02:05:57,570 | that. You say it, but you don't need to, you know, showing up every day, and just, you know, putting the time effort and it show me your results. That that |
879 | 02:05:57,870 --> 02:06:05,700 | is how you thank me, that means, you know what? I hear you, I listened to what you said, put the effort in behind it, and here's what I've done with it, you |
880 | 02:06:05,700 --> 02:06:15,720 | know, what fucking A, that is the shit, that's the fucking thank you I'm looking for. That means that my time. And I've already been proven, I haven't wasted my |
881 | 02:06:15,720 --> 02:06:23,610 | time, you sadly, have done very well. And I'm hoping that the ones that are still struggling, can get it for themselves want that to happen for them. And |
882 | 02:06:23,790 --> 02:06:34,680 | sometimes, you know, it doesn't work. And it's not because of any lack of trying on my part or validity on results of these concepts, because it's there. But |
883 | 02:06:34,710 --> 02:06:45,810 | it's just like it was for me my first six years, man, it was hard, because it was me in the way, there was just stupid shit that I was trying to do. And once |
884 | 02:06:45,810 --> 02:06:53,310 | I removed all that stuff, and got out on my own, and stripped it down to the simple things, and I know it sounds oxymoronic, because you look at all the |
885 | 02:06:53,310 --> 02:07:00,630 | things I got going on. And people that hate on me all the time. They'll say, Well, he's got an excuse or a model for everything out there. |
886 | 02:07:00,659 --> 02:07:01,799 | I fucking do. |
887 | 02:07:02,970 --> 02:07:12,270 | I mean, I already told you I did. I'm just showing you fucking evidence of it. I'm pushing a button. Hello, I didn't come to you and say I am trading this look |
888 | 02:07:12,270 --> 02:07:18,180 | on my YouTube channel. There's lots of different things you can do. You have all these other educators out there. And I'm quite certain there are some educators |
889 | 02:07:18,180 --> 02:07:26,220 | out there that make money, not just selling but trading, but they're not going to be as precise as what you see me do. And that's just the way it is. Okay, and |
890 | 02:07:26,250 --> 02:07:34,590 | I'm not trying to piss on them. Because there's a lot of very respectful mentors out there that know I talk like this, and they don't talk, you're talking shit. |
891 | 02:07:34,800 --> 02:07:41,880 | You know, they probably think I'm bullshit. You know, I'm a braggart and whatever it is the only thing but if we want to compare apples to oranges and |
892 | 02:07:41,880 --> 02:07:52,260 | oranges to apples and sit down and show what we got, there's no comparison. How do you honestly, Seriously folks, how could you justify looking for anything |
893 | 02:07:52,260 --> 02:08:03,420 | else when perfection has been shown to you? This is the mark. It's been cracked, deciphered. And language that's not easy, initially to learn. But once you |
894 | 02:08:03,420 --> 02:08:14,160 | understand the language, you can't escape it, it's infectious. It makes you feel like studying is never enough. You want to get a hit off of it every day. And |
895 | 02:08:14,160 --> 02:08:22,980 | every time you learn something new, it's addictive. It's intoxicating. Because you feel that empowerment growing. It may exactly right in your hands, where you |
896 | 02:08:22,980 --> 02:08:30,840 | can go after it and use it right away. But you see it, it's growing. It's growing in your understanding. It's growing in your awareness of it, you're |
897 | 02:08:30,840 --> 02:08:39,600 | seeing it in price, and it's an encouragement. And that's all part of this process. And I had to go through that by myself. See, my uncle didn't like the |
898 | 02:08:39,600 --> 02:08:49,200 | fact that I was making. So he made money with luck, one flash pan, moving the sugar mark in the 80s. He bought his condominium, and then he couldn't afford to |
899 | 02:08:49,200 --> 02:08:58,530 | keep the condominium because he couldn't trade. He had a one hit wonder. But then here I am I renting a bedroom, room and board $50 a week, and I'm killing |
900 | 02:08:58,530 --> 02:09:05,280 | it. And I'm thinking he's gonna be proud of me. I mean, after all, he encouraged me to go to school to be a computer programmer and information systems and data |
901 | 02:09:05,280 --> 02:09:12,720 | science and start trading rich people World Trade Futures. And that's what I heard when I was 15 years old all the way till 16. And finally I just told |
902 | 02:09:12,720 --> 02:09:19,320 | myself, I wasn't interested in the stock market. And what I'm what I was doing and showing them that I could call a market. I noticed everything I would say he |
903 | 02:09:19,320 --> 02:09:29,370 | would be a contrarian, and I seen in him that he just wanted to be right. And me be wrong one time. And I didn't understand that. I was like, oh, Stan, I'm |
904 | 02:09:29,370 --> 02:09:37,740 | telling you what I'm dealing with real money. I'm in this with real money and you're telling me your opinion. And it's diametrically opposed to what I'm |
905 | 02:09:37,740 --> 02:09:47,160 | actually dealing with my own money on every single time. Like you're resisting learning from me. And it's just you and I in this bedroom, like I'm dealing with |
906 | 02:09:47,160 --> 02:09:56,370 | nobody else can see or hear what I'm saying. And I want to share this with you. And he resisted me just like a lot of these fucking trolls are doing that same |
907 | 02:09:56,370 --> 02:10:05,610 | thing my own family members still will not sit down and learn from me. And I would literally sit down with them someone until they fucking got it right. My |
908 | 02:10:05,610 --> 02:10:19,020 | own children, my own fucking birth, blood of my blood, flesh of my flesh, children live off the fat of this stuff. And they still, they still will not |
909 | 02:10:19,020 --> 02:10:27,360 | take the initiative and say, You know what I'm, this is what I want to do. I don't understand that. Like, it's, it doesn't make any sense to me. Like, I |
910 | 02:10:27,360 --> 02:10:38,010 | don't understand that. And here I have all these people, you know, I got 340, almost almost 343,000 registered followers to the channel on YouTube, which I am |
911 | 02:10:38,010 --> 02:10:45,570 | absolutely blown away by. Most of the comments on the videos, though, are made by people that are actually not subscribed to the channel. So I'm often |
912 | 02:10:45,570 --> 02:10:55,320 | wondering, like, you know, how many people really check me out, because I almost got 3 million views. Again, for this month, they had over 3 million views on the |
913 | 02:10:55,320 --> 02:11:07,500 | channel last last month. And to me like that's, that's insane. Like I here I am this simple guy from a hick town, Middle River, Maryland. And the know that all |
914 | 02:11:07,500 --> 02:11:17,430 | you people around the world, all of you different walks of life, the simple fact that you even know my name, that blows me away. Like, that's incredible. Like, |
915 | 02:11:17,430 --> 02:11:26,670 | I'm humbled by all that stuff. But it's incredible to see how fast our community has grown, without any marketing whatsoever, no advertisement, no, not at all, |
916 | 02:11:26,670 --> 02:11:35,400 | by word of mouth. And that should be a testimony to what it is you're learning. And once you're good at this, you've heard, if you're like, in my age bracket, |
917 | 02:11:35,670 --> 02:11:42,600 | we we came up here and about the turtle traders, and what they were able to do how everybody wanted to be a turtle, oh, I wish I would have had an opportunity |
918 | 02:11:42,600 --> 02:11:50,010 | to train with Richard Dennis and, and be this and be that and that's, that's cool. I even thought that to me, I wish I could have been a part of that. Well, |
919 | 02:11:50,010 --> 02:11:52,650 | you're in something like that right now. Like you're here. |
920 | 02:11:52,889 --> 02:12:02,729 | I mean, you're listening. And I know this is gonna rub the wrong way on a lot of you. But you're listening to again, you're listening to all these folks that we |
921 | 02:12:02,729 --> 02:12:12,149 | read about in books, like you are now hearing, the person that upset everything. And every form of technical analysis is going to be changed. Because of all |
922 | 02:12:12,149 --> 02:12:19,019 | this. I'm promising you, everybody that lives longer than me, you're going to see this stuff written in books, and it's going to change the whole landscape. |
923 | 02:12:19,289 --> 02:12:26,969 | And that's cool. That's, that's neat. Like, I would have wanted to be a part of this type of community too. It's neat. It's like The League of Extraordinary |
924 | 02:12:26,969 --> 02:12:33,629 | Gentlemen. And gentle Ladies, don't get upset. It's just the title. I reached him online, there it is. But I really wish I would have had something like this |
925 | 02:12:33,629 --> 02:12:41,309 | coming up, it would have been such an encouragement. Like I've wished for something like this. And I was the same same type of guy that people want |
926 | 02:12:41,309 --> 02:12:48,569 | America Online, hey, let's, let's create a message board for just people that want to trade. The commodity markets that, let's do this, this is like, I'm |
927 | 02:12:48,569 --> 02:12:57,119 | talking to myself, nobody gave a shit. And now, if I say I'm going to talk about something, or I do a video, and people are asking you to come on their channel |
928 | 02:12:57,119 --> 02:13:06,899 | to talk to them. Like, I don't mind talking like this, because I can be myself. But when I'm like being interviewed, like it's, it's uncomfortable, because I |
929 | 02:13:06,899 --> 02:13:15,539 | don't obviously be be this loose with them because I'm on their channel. And I'm more mindful and careful about what it is I'm trying to say because I don't want |
930 | 02:13:15,539 --> 02:13:30,239 | to come on. uneducated, in vulgar, which many times I come across, like a nice rants and things. But I'm real. I'm not trying to be something I'm, and I'm as |
931 | 02:13:30,239 --> 02:13:38,339 | genuine as you can ever imagine someone being because like, I don't have to keep track of eyes. I don't need to keep track of bullshit. Like, it's why you hear |
932 | 02:13:38,339 --> 02:13:47,579 | me saying the same show. It's fine. Because this is my life. This is me this is this is it. But I'm constantly blown away by how blessed I am to be in this |
933 | 02:13:47,579 --> 02:13:58,109 | position. Like I am absolutely honored and blessed that you would see me as someone worth listening to, and how all this came to be. And all the people that |
934 | 02:13:58,109 --> 02:14:08,999 | came into my life, how a Lord touched me and put a gift in me and an understanding and something that I know, that had his hand not been in, I never |
935 | 02:14:08,999 --> 02:14:16,499 | would have been able to get right. And it doesn't matter who came into my life and who presented opportunities and who tipped the hand and pulled the veil |
936 | 02:14:16,499 --> 02:14:24,809 | back. Okay, that still wouldn't have mattered. All those things were so complex. When I first looked at them, I didn't understand what I was looking at. And I |
937 | 02:14:24,809 --> 02:14:33,419 | prayed I asked, I said give me the understanding, like, it obviously was presented in front of me for a reason. So that made me understand it. And if I |
938 | 02:14:33,419 --> 02:14:42,989 | understand it, and you give me that understanding, I will spend the rest of my life sharing it like a ministry. I'm not going to be perfect. I'm human, I mess |
939 | 02:14:42,989 --> 02:14:52,679 | up. I'm not going to talk eloquently all the time. I have mental illness, like I have things that I plagued with that have to wrestle with. I'm not a perfect |
940 | 02:14:52,679 --> 02:15:04,769 | human being. I'm not a superhero. I'm not the upstanding mentor that you have imagined. I'm A real guy with a real life a real family, and sometimes that |
941 | 02:15:04,769 --> 02:15:12,059 | family's dysfunctional. My kids don't listen, just like sometimes your kids won't listen to you. And it frustrates me as a father, it frustrates me as a |
942 | 02:15:12,059 --> 02:15:20,159 | mentor, it frustrates me as a public figure, because I would want nothing more than to have my all of my children come out there and just run aces on |
943 | 02:15:20,159 --> 02:15:29,579 | everything and say here, we're going to continue your legacy debt. That would, that would be amazing. And I don't, I don't have confidence, that confidence |
944 | 02:15:29,579 --> 02:15:36,899 | that that's going to happen. To me, it's perplexing. Like I don't, I don't understand why. Like, it should be easy for me to be able to put that together, |
945 | 02:15:36,899 --> 02:15:45,209 | and it happens. But my kids always tell me, this is a lot harder than you make it seem that, like, when you sit down with us, and you see what's going to |
946 | 02:15:45,209 --> 02:15:54,119 | happen, and it happens, it looks real easy, but they can't seem to do it. And it's it takes time. It takes an investment in time. And a lot of times that's |
947 | 02:15:54,119 --> 02:16:05,099 | going to be an overwhelming odd for the majority of you. And some of you're like this son of a bitch and shut up yet. Does he ever shot not when I'm awake. When |
948 | 02:16:05,099 --> 02:16:12,059 | I'm awake, I'm going to talk but I only Shut up. And sometimes I talk to him thing. I'm looking at the clock. And I know I'm |
949 | 02:16:13,620 --> 02:16:21,630 | just paint the picture for you. I'm sitting out here in the parking pad in front of my home in my pickup truck. Air conditioners on the windows are all steamed |
950 | 02:16:21,630 --> 02:16:31,170 | up with condensation. And I'm looking at the radio time says 12:06am. I love you were honest with you, I gotta go, I got a good four hours still in the past tank |
951 | 02:16:31,200 --> 02:16:39,780 | like I could literally keep going. But I'm going to purposely find a way to close it right now. Because I know some of you have probably tapped out, you |
952 | 02:16:39,780 --> 02:16:49,140 | know, like ice is going in. But I just wanted to make sure we understood each other about today, I'm not trying to invite you to feel confident that you're |
953 | 02:16:49,140 --> 02:16:57,090 | going to be able to go out and do that to none of you. If you've just started training with this year, if you've put yourself in front of the lectures and are |
954 | 02:16:57,270 --> 02:17:05,550 | getting your ear like these sessions here. Don't fall victim into thinking that you're going to be able to not that you can't eventually, because everything I |
955 | 02:17:05,550 --> 02:17:14,850 | did today is literally taught in my teaching that are being laid in your hands. Now, does that equate into you being able to do it again. But you'll understand |
956 | 02:17:14,940 --> 02:17:22,950 | if you study price action and certain things that you've learned in these lectures, placing them together with experience seeing it happen every single |
957 | 02:17:22,950 --> 02:17:30,570 | week, every single day, every single month, quarterly, you'll see that these things repeat. And you'll know when to anticipate certain things like the market |
958 | 02:17:30,570 --> 02:17:40,650 | maker sell model. Model, they're all parts of a greater whole. And I don't want you to lose sight. Just because I did that today. That'd be a goal for you. |
959 | 02:17:40,740 --> 02:17:50,190 | Yeah, down the road. But that should not be the sole goal. Right now. I'm gonna get like that and trade on FOMC. Don't please don't do that. Because if you took |
960 | 02:17:50,190 --> 02:17:57,570 | that from what I did today, that's why I made sure I was honestly I was I was thinking about not doing it. Like you didn't even know I took that trade. Do you |
961 | 02:17:57,570 --> 02:18:07,500 | have no idea did it? And then I was like, Okay, I have to at least remind them before I put it out there, hey, look, just know why I'm doing this. It's not |
962 | 02:18:07,500 --> 02:18:18,120 | meant for you to as instructions to hey, look, this is what you should be doing. It's not like a veiled you know, co signing of trade FOMC days, that has not |
963 | 02:18:18,120 --> 02:18:26,850 | changed. I'm telling you all don't do it. It's not subliminal messaging is treated just like a Non Farm Payroll, you don't have the skill sets to read it. |
964 | 02:18:27,180 --> 02:18:35,100 | You could get easily caught up on the wrong side. And you can run away for you before you can really fix it. If you're not disciplined and you don't have stop |
965 | 02:18:35,100 --> 02:18:42,510 | loss. And like some of you don't have a stop loss. I see that many times when you're showing me your charts. You can't do that stuff in a day like this, |
966 | 02:18:42,540 --> 02:18:52,830 | because it will it'll undo you real quick once that scars on you. It's real hard to work through that. And I have deep scars from things that hurt me in my 20s |
967 | 02:18:52,830 --> 02:19:06,120 | in certain losing trades and certain accounts that roasted it. I still feel that today. I'm 53 decades ago, not really within three days, but 26 years ago, I can |
968 | 02:19:06,270 --> 02:19:13,890 | I can feel that all over again. And I don't even look at the journal entries to relive and you don't want those kind of war scars because they hinder you. I'd |
969 | 02:19:13,890 --> 02:19:24,330 | love to know how much better I would be if I wouldn't put myself through all the toxic shit that I did. I endured stupid shit that I put on myself thinking I |
970 | 02:19:24,330 --> 02:19:34,380 | figured it out when I really didn't figure it out yet. And I was so eager to be better than what I really worked with the time because I needed that validation |
971 | 02:19:34,410 --> 02:19:46,920 | I needed that feeling of accomplishment arriving not being relegated to the status of mediocre which I feared I had anxiety about being mediocre and that's |
972 | 02:19:46,950 --> 02:19:59,850 | you know, I'm I'm boring and my delivery boring in my long like this bullshit. Like get to the point. Well the point is is you know, this is hard shit and you |
973 | 02:19:59,850 --> 02:20:06,240 | need I'm going to be honest with you and tell you, you're making dumb decisions. If you are doing some of the things we talked about in this discussion, if |
974 | 02:20:06,240 --> 02:20:13,080 | you're focusing on those things, they're all the wrong things to focus on. And knowing that they're the wrong things is important to you don't waste time and |
975 | 02:20:13,080 --> 02:20:23,760 | energy, and listening to a couple hours long of an old guy listening to how he fucked himself all up and held himself back and telling you in all honesty, if I |
976 | 02:20:23,760 --> 02:20:33,030 | wouldn't have done these things to myself, how much better am I as a trader, if I would have done less of that dumb shit? Like, I didn't have anybody telling me |
977 | 02:20:33,060 --> 02:20:40,080 | I was off course, I didn't have anybody saying you're doing some stupid shit here, it felt right at the time, just like it probably feels right for you, when |
978 | 02:20:40,080 --> 02:20:48,090 | you put your fucking overleveraged trade on without a stoploss because hey, you know, you got away with it last few times. So let's try to do it on FOMC. And |
979 | 02:20:48,090 --> 02:20:56,970 | then you get your ass Hannity ruins you completely. And you can get to a point where it does you in and you can't do any more trading anymore, because you're |
980 | 02:20:57,000 --> 02:21:06,780 | totally afraid, you might open up another account, but you cannot trade after that. You'll do dumb shit. And subconsciously, because you can't stand the pain |
981 | 02:21:06,990 --> 02:21:13,440 | of not knowing what to do, you'll start taking stupid little dumb trades. And that will overtime |
982 | 02:21:13,470 --> 02:21:20,220 | blow that next account out. And that way that way, you're, you're removing yourself from it. Because subconsciously, you just want to be done with that |
983 | 02:21:20,220 --> 02:21:29,100 | pain. I have done that to myself, too. It's a it's a weird feeling. It doesn't make sense to someone that has never really traded with my funds. But my second |
984 | 02:21:29,100 --> 02:21:37,560 | year, there was one account that I had. And I was literally on the verge of feeling like I had figured out everything I ever needed to do. And then all of a |
985 | 02:21:37,560 --> 02:21:48,450 | sudden one trade one losing trade, put me into a series of drawdown. And over the course of a couple of days, I blew the account out. And it's because at the |
986 | 02:21:48,450 --> 02:21:57,870 | time, I didn't want to be patient with myself and give myself time to just work through that drawdown. So I just took death by 1000 cuts, I literally sat there |
987 | 02:21:58,170 --> 02:22:09,870 | and just kept getting in trade after trade after trade after trade, trading in an account, remind you now, every round term was 100 bucks. That's theft. That's |
988 | 02:22:09,870 --> 02:22:17,010 | that should have been on. Okay. Each trade was 100 bucks per contract. They call it a full service brokerage. Oh, he didn't get service fully, |
989 | 02:22:18,630 --> 02:22:28,440 | deeply do no lube. But I did this subconsciously I didn't. I didn't know it at the time. But looking back at it now knowing more about myself and psychology |
990 | 02:22:28,440 --> 02:22:40,440 | and how I think I purposely just did it. Because I didn't want to wait for the next trade to set up that was valid. I was so worn out with the waiting, the |
991 | 02:22:40,440 --> 02:22:48,900 | discipline that was required. I was like, You know what, it's easier for me to just this, run a countdown so that way, I don't have any excuse. I can't be in |
992 | 02:22:48,900 --> 02:22:57,660 | front of charts because I have no reason to be there because I have an account. Now, I know, there's somebody listening, that has done that to themselves. But |
993 | 02:22:57,660 --> 02:23:04,260 | they probably never thought about that until it was explained to him just now like it, like you probably thought about it. But as soon as you start thinking |
994 | 02:23:04,260 --> 02:23:11,610 | about you dismiss it real quickly, because it's uncomfortable. You've never heard that kind of shit from any podcast, or any trader. But that's the real |
995 | 02:23:11,610 --> 02:23:21,060 | shit. That's what happens when you live this stuff. And it works you when you thought you were gonna go out there and own the world, in your second year of |
996 | 02:23:21,060 --> 02:23:29,400 | trading, didn't know shit. Didn't know anything, you get tricked into thinking a couple of winning trades, is equating to skill isn't, you gotta know what you're |
997 | 02:23:29,400 --> 02:23:39,330 | doing. And I found that strated this year that there's a way to do this. And it can be extremely profitable, it can be extremely precise. But it's not an easy |
998 | 02:23:39,480 --> 02:23:48,090 | looks easy feeling for a long time. But once you know how to get out of your own way, and you trust the rules, it is easy. But getting to that point, trusting |
999 | 02:23:48,090 --> 02:23:58,680 | yourself to get out of your own way and following the rules is hard is very hard. It takes so much discipline, and I can't articulate it in enough words or |
1000 | 02:23:58,680 --> 02:24:11,100 | emphasis that really grabs the sheer essence of what is required to be in that state of mind, to be disconcert dialed in. But you all are capable of coming in. |
1001 | 02:24:11,190 --> 02:24:20,400 | Because if you have not taken this away from being under my wing this far, I've openly admitted that I have several mental illness. I'm not afraid to say it. |
1002 | 02:24:20,460 --> 02:24:29,970 | I'm not ashamed of it. It is what it is. Anybody that is the mall enough knows that I exhibit all these things. If I can do this, there's no reason why you |
1003 | 02:24:29,970 --> 02:24:38,040 | can't like you have, you might have one or two things that I say I haven't wrestled with. So what that doesn't mean you can't do this, you may not have |
1004 | 02:24:38,040 --> 02:24:48,600 | money. You may live in a country in Africa, you may be in an impoverished, impoverished nation. You may have even more disadvantages that it doesn't change |
1005 | 02:24:48,600 --> 02:24:57,210 | the fact that you can do this. It just means you're gonna have to work harder than the other people and everybody in America regardless if you are living on |
1006 | 02:24:57,210 --> 02:25:07,410 | fixed income, or you're on subsidies because I on subsidies, I had guys that are in prison right now. They're listening to this shout out to you guys are crafty |
1007 | 02:25:07,590 --> 02:25:16,230 | cell phones in the fucking cells and shit but pay respect. I see if he's ever talking where you can't wait to get on the outside and do this shit. That's |
1008 | 02:25:16,230 --> 02:25:23,610 | awesome. I hope when you get out here and you achieve and you reach out, reach out to me, let me know what you're doing. I would love that that would be an |
1009 | 02:25:23,610 --> 02:25:34,230 | encouragement to me as a mentor. And if I'm a catalyst or to turning your shit around for you and get you in the right direction, man, what a blessing What an |
1010 | 02:25:34,260 --> 02:25:42,270 | honor and privilege that would be because if I can get my dad out, because he's doing two consecutive life sentences, plus 20 years, that's not even counting |
1011 | 02:25:42,270 --> 02:25:51,600 | the time that he got. When he broke out of the Maryland penitentiary in 83. He faked a heart attack. He got himself a revolver, stuffed chambers with paper so |
1012 | 02:25:51,600 --> 02:25:57,450 | that when when he pointed the gun at the guards, it would look like he had Moulton. And he saw the handcuff key. And I know this sounds like some Tom |
1013 | 02:25:57,450 --> 02:26:04,950 | Clancy bullshit. But guess what, you can do that it's all on the fucking internet. Michael Joe Harrington, Maryland State Penitentiary, prison escape, he |
1014 | 02:26:04,950 --> 02:26:13,680 | faked a heart attack. When he got him in the van, he put the gun to the guard's head behind the cage. And they said he's got a gun in the open fire in the van |
1015 | 02:26:13,800 --> 02:26:21,810 | in the Uncle My Best Friend's wife's, he got shot in the head instinct did, my dad caught around in the chest, and he still has the bullet lodged behind his |
1016 | 02:26:21,810 --> 02:26:29,490 | heart. And he can't do operation because it would kill while he picked up more time from that. So it's hard to beat two consecutive life sentences plus 20 |
1017 | 02:26:29,490 --> 02:26:40,470 | years, and then you get more time for trying to escape. So yeah, he turned 70 years old. And they and I always said that, if he ever got out, you know, I |
1018 | 02:26:40,470 --> 02:26:47,700 | would pour everything into him trying to learn how to do this. But his health failure several strokes already last year. And this year, I'm sure he's really |
1019 | 02:26:47,700 --> 02:26:56,040 | not any better. And when the COVID stuff happened, and nobody was allowed to go see anybody. So all visitation stopped. And he lost, you know, a lot of sight |
1020 | 02:26:56,040 --> 02:27:04,440 | and his ability to write. So you can't write anybody. So I don't honestly, he could die in there. And I won't know, like I won't know. And I just, I think |
1021 | 02:27:04,440 --> 02:27:14,070 | about how I have students that were in prison and in jail. And even they got involved in and it's changed their life, like they they view themselves |
1022 | 02:27:14,070 --> 02:27:22,170 | differently, have a little bit more respect about themselves as an individual. They're making better decisions, they feel more empowered, and not trying to be |
1023 | 02:27:22,170 --> 02:27:31,530 | something that led them to get themselves into trouble. And you can feel like an upstanding citizen and be respectful, and also be proud of who they are. Because |
1024 | 02:27:31,530 --> 02:27:32,700 | they're doing it on their own steam |
1025 | 02:27:32,700 --> 02:27:40,710 | and fucking right that is something to be proud of. That's something to be proud of. Because I know if my father got out, and he was younger, not 70 years old, I |
1026 | 02:27:40,710 --> 02:27:48,690 | don't think he'd get a fair shake. You have done his time paid his dues, Guyana, some of you have been like, oh, he should have been killed. He they had him set |
1027 | 02:27:48,690 --> 02:27:57,360 | for gas chamber. But Maryland stopped dealing with death penalty. But he was slated to get the gas chamber. And I guess God saw fit to do that. But he's |
1028 | 02:27:57,360 --> 02:28:05,040 | gonna pass away deficient trips that he promised that I'd have with them. They're never gonna. And that shit made me salty. As a young man, I wasn't |
1029 | 02:28:05,040 --> 02:28:13,050 | approved. And I knew what coming out. You know, I put myself in my own prison when I was emotionally, psychologically, and I know how it might feel. I've |
1030 | 02:28:13,050 --> 02:28:23,190 | never been in prison, I went to jail, I got locked up for driving a car with tags on the wrong. And I did have my license. So because they had to make sure I |
1031 | 02:28:23,190 --> 02:28:32,550 | was who I was, I got locked up, spent a day in jail and then got out. But that wasn't fun. And I can imagine how being in inside. And that sucks. You can't do |
1032 | 02:28:32,550 --> 02:28:37,920 | this can't do that unless they tell you and finally get out here. And now if you've been in it for a while, and you come out to the world the way it is now |
1033 | 02:28:37,920 --> 02:28:48,300 | it's fucked up. And if you can find a way to carve out your own existence with what I've done here, man, that's fucking awesome. That's awesome. I mean, |
1034 | 02:28:48,300 --> 02:28:57,540 | there's no limit to what this information can do for someone. And I know it's easy for a lot of walk around with all these advantages. And maybe you didn't |
1035 | 02:28:57,540 --> 02:29:05,910 | make the decisions that put you in jail. Maybe you didn't make the decisions that cause you to lose your freedom. So you have a lot more advantages as |
1036 | 02:29:05,910 --> 02:29:16,080 | someone but isn't it admirable for someone to devote time and energy into something like this, and make it on their own steam? And watch them transform |
1037 | 02:29:16,080 --> 02:29:25,920 | themselves into an upstanding, productive citizen that no one can say, hey, we gave you a free handout. Fuck your handout. Fuck all that. Just give me the |
1038 | 02:29:25,920 --> 02:29:32,280 | fucking skill set and watch me fucking rise. That's, that's, to me. That's commanding respect. That's |
1039 | 02:29:32,280 --> 02:29:40,170 | something that anybody should have. I can respect and some of those men and women in my community, and I respect them. I think that's fucking amazing. And |
1040 | 02:29:40,170 --> 02:29:47,010 | they earned that themselves. I didn't give them trades. They did that shit on their own. That's credit that they fucking earned. So none of you have an excuse |
1041 | 02:29:47,010 --> 02:29:56,160 | why you can't do this. It's a choice you're making or maybe a series of choices that are leading to you not doing but you're doing all of these things many |
1042 | 02:29:56,160 --> 02:30:04,440 | times subconsciously. And I'm just challenging you the thing inventory is Think about what it is you do on a day by day basis, week by week, and how many times |
1043 | 02:30:04,440 --> 02:30:12,120 | when you think about negative thoughts, and are you acting on any kind, you don't realize that you are, you might react verbally to spouse, or your children |
1044 | 02:30:12,120 --> 02:30:18,750 | or your friends and co workers or whatever, and you snap at them or you say something shitty, because you just thought about something negative, that stuff |
1045 | 02:30:18,750 --> 02:30:26,040 | wears on you. And when you're in the market, if you don't have control of yourself, think about next time you're in a live trade, do it with the least |
1046 | 02:30:26,040 --> 02:30:34,620 | amount of leverage, and take inventory, how many times you think the trade is going to turn on me and put a checkmark, we're in, like, make a column negative. |
1047 | 02:30:35,220 --> 02:30:42,780 | Every time you think about negatively Oh, check, check, check it at the end of the day, right for you go to bed, everything that you thought negatively |
1048 | 02:30:42,810 --> 02:30:50,520 | counting times that you put a checkmark on it. Now, obviously, you know, is it practical for you to be having a piece of paper and pen doing it every second? |
1049 | 02:30:50,760 --> 02:31:03,720 | No. But I'm sure if you did just part of that, as an experiment for yourself. You'll see how toxic we as humans are to ourselves. And that shit will ruin you, |
1050 | 02:31:03,750 --> 02:31:12,780 | as a trader, you got to go in with every reason to believe that what you're doing works number one, that you trust it, and you're doing the shit that the |
1051 | 02:31:12,780 --> 02:31:20,250 | right time, and you're not trying to force something because you don't like how you feel right now, because somebody offended you. Somebody didn't give you |
1052 | 02:31:20,250 --> 02:31:29,550 | enough attention. Someone didn't give you respect, someone thinks that you are not where you should be in life, or that they're better than you. Or they do |
1053 | 02:31:29,550 --> 02:31:37,680 | better than or they have more than all that shit. That's a negative thought. And that kind of shit is being pacified by these young guys. They get out there on |
1054 | 02:31:37,920 --> 02:31:47,940 | social medias. And he puts her lipstick on for social potential cars, and you're compensating, you know, growing up, and I'm sure it existed before I was born to |
1055 | 02:31:47,940 --> 02:31:57,690 | growing up when people had tars and things like I have. And like we see on social media, they would say, Oh, he's compensated, he must have a small dick. I |
1056 | 02:31:57,690 --> 02:32:05,640 | don't think that's the problem. Most times because I can speak candidly and tell you that's not a problem for me. But I can tell you this, I did compensate when |
1057 | 02:32:05,640 --> 02:32:15,900 | I was a young man because I needed to be validated. I needed that I needed someone to look at me when I was 20 years old. And guess I was new money. Yes, I |
1058 | 02:32:15,900 --> 02:32:23,190 | needed that. That shit wasn't a dream. I'm living it. And that's what these young men are doing. Right? They put these images of themselves out there with |
1059 | 02:32:23,190 --> 02:32:31,980 | all these cars. And I'm not here to tear him down. Whether they pay cash for them, or whether they lease them, because if I'm leasing it, they're getting the |
1060 | 02:32:31,980 --> 02:32:39,690 | best treatment, you're getting complete right off. If they bought it out in cash. That's dumb. That's that's real fucking stupid. But putting that |
1061 | 02:32:39,690 --> 02:32:49,440 | aside, they're compensating. Because if you really are comfortable in your own skin, you won't mind talking about your frailties. You won't hide them. If |
1062 | 02:32:49,440 --> 02:32:56,820 | someone asked you, you'll share them. So yeah, this is how this is I wrestled with this. Or I overcame that that was a problem for you don't try to mask it |
1063 | 02:32:57,060 --> 02:33:07,980 | with the superficial things like image, jewelry, clothing, drip, that kind of stuff. The more you see that, the more I know that that person is hurting |
1064 | 02:33:07,980 --> 02:33:16,200 | inside. But don't laugh at things like that. And like if we were talking, if I left, if I left a comment on their social media, as who I am, is in a circle. |
1065 | 02:33:17,340 --> 02:33:24,720 | They would probably block me they were probably blocked because they wouldn't want me in the heat or smoke that comes along with that kind of shit. But number |
1066 | 02:33:24,720 --> 02:33:32,610 | one, I don't like the do those types of things. But, you know, did you probably list about five different gentlemen that are out there constantly. And the only |
1067 | 02:33:32,610 --> 02:33:43,200 | thing you see them doing is their cars, where they sleep, what they were, what they had on their wrist, or what they had around their neck, and maybe maybe |
1068 | 02:33:43,380 --> 02:33:51,870 | over the last 50 videos, you might see two trades, and there are some exorbitant amount of of potential profit, which you know, whether that's real or not, |
1069 | 02:33:51,870 --> 02:34:00,270 | whether it's a rented empty for server? I don't know. I don't know. But I know there's a dude on YouTube. His name's Rafi I think Palmdale or something like |
1070 | 02:34:00,270 --> 02:34:10,230 | that. This guy's making a million dollars every day. And if that's true, he's better than me. Think about that. Now we know that ain't true. But the point is, |
1071 | 02:34:10,440 --> 02:34:20,580 | these guys, they do that stuff, just like I did when I was 20 years old. And that's why I troll them. I think that's, it's sad because I know I wrestled with |
1072 | 02:34:20,580 --> 02:34:29,880 | that garbage. And when I came to terms with all of it and said, You know what? Fuck, nobody likes me. Fuck them. I don't care. I gotta live in my skin. Like I |
1073 | 02:34:29,880 --> 02:34:40,170 | have to love who I am. And I have to love me with all of the fuck ups. Yeah, this is me. And there was a time I like I hated me. I felt like I wasn't enough |
1074 | 02:34:40,200 --> 02:34:49,350 | for anything for relationships or success. And that's why I did that podcast on my SoundCloud. Are you deserving? Because that actually was a revelation that I |
1075 | 02:34:49,350 --> 02:34:56,430 | got, personally for myself, because there was a time when I didn't feel like I deserve the success. Like I didn't believe I deserved. I didn't come from a rich |
1076 | 02:34:56,430 --> 02:35:06,270 | family. I didn't come from an affluent family. Yeah. my college education Yes, I think computer science Yes, I can do all these fucking things. But all that |
1077 | 02:35:06,270 --> 02:35:17,040 | stuff right now like I could not seriously, I could not code anything in any of the languages I learned when I was at the same my own life, I can't do it like, |
1078 | 02:35:17,130 --> 02:35:24,660 | it's weird. Something happens when you're like in your 40s like shit starts breaking off, like, and I have forgotten a lot of stuff. And when I read some of |
1079 | 02:35:24,660 --> 02:35:33,660 | my journals, I'm thinking myself, Dan, I forgot about that. What the hell. And it's just, I don't know, it's something you got to experience when you get |
1080 | 02:35:33,660 --> 02:35:43,350 | older. But I know that these young folks that are listening, you hear this type of stuff. And there's old dude, this the old dude used to be a young dude. And I |
1081 | 02:35:43,350 --> 02:35:50,790 | used to do all the same silly shit that you were trying to do right now. And never ever got me. I wasted money doing that stuff. And if you take your time, |
1082 | 02:35:50,790 --> 02:36:00,330 | and you just build yourself up, and invest all that energy in yourself, you will thank me in yourself for doing so. You won't invite all the toxicity. You won't, |
1083 | 02:36:00,510 --> 02:36:09,480 | you won't be living your life for the acceptance of others. And that's how I did my 20s and it got me fucking misery. Like, I didn't enjoy my money. I hated it. |
1084 | 02:36:09,750 --> 02:36:20,490 | Like I did it sometime. I wanted to fucking be away from it. Like I didn't want to do it anymore because I couldn't enjoy it because my oldest boys mother was |
1085 | 02:36:20,490 --> 02:36:27,600 | constantly trying to be in my pocket. And it sounds, you know, hearing it superficially like that. It sounds like I'm a deadbeat dad, I'm not a deadbeat |
1086 | 02:36:27,600 --> 02:36:38,370 | dad, and my kid was with me six days a week, the only day that I didn't have him was on Thursday, and I had him every day. And everything was paid for. Nothing |
1087 | 02:36:38,400 --> 02:36:49,200 | was in she he didn't need anything. But I was so depressed at that time, in 1995, and 96, I just didn't want to do anything. I could feel myself slipping |
1088 | 02:36:49,200 --> 02:36:58,440 | into depression. I was embarrassed, I was ashamed that, you know, I had a child with a married woman. And I was ashamed that people that knew me growing up, you |
1089 | 02:36:58,440 --> 02:37:08,280 | know, I didn't come from a lot of money. But I came from a family where our word meant something, you know, our convictions about things, you know, who we were |
1090 | 02:37:08,610 --> 02:37:17,040 | referred to as a good guy, that boy when I was a child, and such as this was ashamed of, you know, being wrapped up in all that bullshit, because I thought I |
1091 | 02:37:17,040 --> 02:37:26,310 | was with someone that was single. And they weren't. And it's just, I was catfished. Really, that was the way it was like I was absolutely taken aback. I |
1092 | 02:37:26,310 --> 02:37:35,550 | didn't know what I was getting involved in. And yes, I'd take ownership of getting her pregnant. I mean, I had a part in that. Absolutely. But how it |
1093 | 02:37:35,550 --> 02:37:45,000 | happened, it was and I can sit here in bits and complain house a victim. But that was how I viewed it. And it caused me to just hate everything, hate me and |
1094 | 02:37:45,000 --> 02:37:53,610 | hate my life and hated trading and didn't want to be successful. I didn't feel like I deserved to be successful, I was ashamed of what I got wrapped up in and |
1095 | 02:37:53,880 --> 02:38:01,860 | cut everybody off. Now the only person that was around me was my older son, Cody. And that was my only source of happiness. That was it. And then you see |
1096 | 02:38:01,860 --> 02:38:06,810 | him sitting at the table. Some of you actually thought that that was me as a kid learning how to trade |
1097 | 02:38:08,520 --> 02:38:18,690 | as Cody in his pajamas, in an apartment that I was renting. And I was renting that apartment when I could have afforded man a lot. But I had to live a |
1098 | 02:38:18,690 --> 02:38:32,220 | lifestyle to try to beat this woman in the courts. So I lived a life that looked less than, and I put my whole existence on hold because of a relationship with a |
1099 | 02:38:32,220 --> 02:38:38,580 | woman that I should have never got involved with. If he would have been honest with me, I never would have, I never would have laid down with that woman, I |
1100 | 02:38:38,580 --> 02:38:47,190 | never would have done that. But, you know, I was attracted to her. She was good looking. And we had fun together. And I was a young man and hey, you know, I |
1101 | 02:38:47,190 --> 02:38:57,330 | made a mistake and deal with it. But that also had an effect on my relationship with my son and still has, like we have all my children. He is the one I have |
1102 | 02:38:57,510 --> 02:39:07,620 | the least contact with. And we had a rough time. He felt that was the worst fucking father on the planet. And a lot of things that he remembers, are fake |
1103 | 02:39:07,620 --> 02:39:14,790 | memories of shit. That didn't happen because he had a separate household over there. And they would talk about me all the time. And you know, when you're a |
1104 | 02:39:14,790 --> 02:39:22,710 | child, you keep hearing negative shit. You're going to remember as a memory, but I had him all the time. And him all the time. He's always asked me three times, |
1105 | 02:39:22,860 --> 02:39:34,440 | three times. Young guys, you just don't realize how fast shit can go upside down with stupid choices and stupid, stupid decisions. And making a lot of money does |
1106 | 02:39:34,440 --> 02:39:43,560 | not make you exempt from it. It just makes you a target for it makes you very susceptible to fake relationships, friends that aren't really your friends. Like |
1107 | 02:39:43,560 --> 02:39:53,280 | I have one friend that I know is my friend friend. And he's been my friend since preschool. And he doesn't trade which doesn't fucking make any sense. Doesn't |
1108 | 02:39:53,280 --> 02:40:02,280 | make any fucking sense. Like dude, what the hell are you doing? But yeah, it ain't in it. Amen, you know, but I have talked to you a long time, and I had a |
1109 | 02:40:02,280 --> 02:40:12,300 | great deal of fun talking thing, shooting the shit with you. And if we were hanging out in my house, or we were at your house, or were in some public space |
1110 | 02:40:12,450 --> 02:40:22,200 | to shoot and shit, this is how we would talk, no act, no front, no pretend, just, this is the way it is. And I don't give a shit. If some of you didn't like |
1111 | 02:40:22,200 --> 02:40:29,460 | this, I don't give a shit. If you felt that was a waste of your time. If it is, you know, whatever, they'll go and listen to anything I do in the future. But |
1112 | 02:40:29,610 --> 02:40:38,220 | this is the real stuff, this is going to impact you. And it's outside of charts, it's outside of trading decisions, all these things are going to bleed into what |
1113 | 02:40:38,220 --> 02:40:46,830 | you do in trading. And if you have a toxic thing going on in your personal life, and you can't overcome that, it will manifest in your trading. And it'll it'll |
1114 | 02:40:46,830 --> 02:40:54,780 | take you out of this industry and the game itself before you have a chance to succeed. So don't invite all that kind of stuff with image. If you start making |
1115 | 02:40:54,780 --> 02:41:02,010 | a lot of money with this, keep it to yourself. And somebody might think, Oh, you just don't want anybody else getting attention. Okay, try it and see. And once |
1116 | 02:41:02,010 --> 02:41:10,770 | you see how toxic it becomes, it's a drain like it's not empowering. Like you have to constantly keep up with an image. What am I going to keep up with? I |
1117 | 02:41:10,770 --> 02:41:18,330 | know how to trade I can show you another trade every day. I don't need to keep up with the last car I showed I bought. I don't need to keep up with what house |
1118 | 02:41:18,330 --> 02:41:27,150 | somebody else lives in and what house I can afford to buy. I've already done it this year because I had just on my straight but the point is, is I don't need to |
1119 | 02:41:27,150 --> 02:41:34,890 | do those things. I'm 50 years old with the fact that I gotta prove I'm married. I have a beautiful wife. I love and gentlemen, if you have a wife, if they're |
1120 | 02:41:34,890 --> 02:41:44,340 | willing, for my 50th birthday, it's probably too much information for some of you. But fuck it, we're talking. She went and had a thick, it's a boudoir. |
1121 | 02:41:44,520 --> 02:41:53,640 | photoshoot done. She went up to Pennsylvania and a lady. He's a photographer. She wants her home. I didn't know she was doing this man alive. These are |
1122 | 02:41:53,670 --> 02:42:04,950 | beautiful. Like they she looks stunning in them. I mean, yeah, there's a few of them that you can't share, obviously, but all of them are done so tastefully, |
1123 | 02:42:04,950 --> 02:42:14,250 | and she just looks so beautiful in them. And when she gave me the album and showed me what it was, I wasn't expecting it. Let me tell you something. I love |
1124 | 02:42:14,250 --> 02:42:22,770 | my wife. I am surprised that do something like that. Because she's always been very, like that was the last thing I've ever would have expected her doing. But |
1125 | 02:42:22,770 --> 02:42:28,500 | she wanted to do something really memorable is my 50th and such but I don't know, fuck, I brought this up. |
1126 | 02:42:30,090 --> 02:42:38,490 | But, I mean, we're friends, right? We're talking shit. So let's, you know, this little area. I am so thankful for this. I'm so thankful that I don't have to |
1127 | 02:42:38,490 --> 02:42:48,540 | worry about her wanting to be with me because I have things because in the beginning our relationship, she didn't know, shit, nothing. And then when she |
1128 | 02:42:48,540 --> 02:42:56,160 | started questioning, you know, how I have money without working for it. She started asking questions like, you know, are you doing something illegal? Like |
1129 | 02:42:56,160 --> 02:43:06,060 | you're you deal drugs like that? And I was like, no, no, I had investments and things like that. And my aunt made a point to tell her, you know, he's a |
1130 | 02:43:06,060 --> 02:43:13,500 | millionaire. He's got this. He's been doing that, and yada, yada, yada. And she didn't believe it at first. And then she pinned me down to like, do you really |
1131 | 02:43:13,530 --> 02:43:22,890 | do this? And do you really do that? And I was like, Okay, let me show you what I did. So there it is. But once once I finally told her everything about me and |
1132 | 02:43:23,100 --> 02:43:33,030 | what I'm able to do and what I've learned and what I've been involved in, it's very liberating. Because it's, it's scary. Like when you get fucked over by a |
1133 | 02:43:33,030 --> 02:43:40,260 | woman, okay, that you thought you were having a relationship and you're like, Wow, I'm I'm attracted to this woman, I'm having a great time with her. This |
1134 | 02:43:40,380 --> 02:43:49,230 | whirlwind romance. It's, you know, if you ever seen the movie nine and a half weeks, that was literally me in the 20s with my oldest son's mother, that nine |
1135 | 02:43:49,230 --> 02:43:58,650 | and a half week type thing. It's weird. But that's literally the first time I saw that movie. She She and I watched that together. And I think she was trying |
1136 | 02:43:58,650 --> 02:44:08,280 | to pattern our relationship like that, because it was about that much time before. Everything blew up. But I didn't have a real good trust factor with |
1137 | 02:44:08,280 --> 02:44:16,500 | women with my first wife. And then in this one here. She was married and hid it from me. And we were running around with one another. And it got to the point |
1138 | 02:44:16,500 --> 02:44:24,330 | where I was like, you know, I never go to your house. I mean, you've been the mind. Why don't we go to yours? Oh, well, you know, I like to sleep and I was |
1139 | 02:44:24,330 --> 02:44:34,110 | like the hell's go, something's wrong with this picture here. Like something's wrong. But it's just wonderful to be with a wife that I have now, and we got |
1140 | 02:44:34,110 --> 02:44:44,280 | married in 2001. We got together in 1997. And I don't have to hide anything from and the other day I shared a tweet. We weren't taking a drive. And out of the |
1141 | 02:44:44,280 --> 02:44:54,900 | blue, she just kind of said, you know, I have always been jealous of all these people that you talk to you like tonight. I'm sure she's upstairs asleep right |
1142 | 02:44:54,900 --> 02:45:04,380 | now. And she probably went to bed thinking angry thoughts and then maybe she wrestled with it said you know Why does it but she still wants to bed without me |
1143 | 02:45:04,380 --> 02:45:12,390 | in the bed, whether, because I'm spending time with you all. But she told me arrived the other day when I drive around. And it's weird, like we take the same |
1144 | 02:45:12,660 --> 02:45:23,100 | three different drives. And it's like, what the hell? You're supposed to be, like, just fucking ICT guy, you're this boring fucking dude has all these fun |
1145 | 02:45:23,100 --> 02:45:31,170 | cars you barely fucking drive and you do the same three routes of driving all the time. And sometimes we'll take our dogs put one of the kennels in the back |
1146 | 02:45:31,170 --> 02:45:37,530 | of the pickup truck, and we've taken for a ride. And they like see the cows and they bark and bullshit and you're probably like, What the fuck is this guy going |
1147 | 02:45:37,530 --> 02:45:44,310 | on about? Hey, I suck your gas into this. Okay, so you're gonna sit here and you're writing this whole thing out until it closes off? Okay, that's the way it |
1148 | 02:45:44,310 --> 02:45:54,240 | is. You don't you don't turn it off. Because you don't know how I'm gonna end it right. But we read your writing. And she I know. I know. You love doing what you |
1149 | 02:45:54,240 --> 02:46:02,730 | do it. I've seen it. In the beginning, I thought it was a fad. But it's like this is this is you like this is you love doing this. And in the beginning, I |
1150 | 02:46:02,730 --> 02:46:10,200 | hated it. Like I was jealous of everyone that you were spending time with. In fact, I thought you were having an affair. Like you were talking to someone |
1151 | 02:46:10,200 --> 02:46:13,320 | else, like another female. I'm like what the hill. As you can see, |
1152 | 02:46:13,350 --> 02:46:20,250 | I know now, there's a lot of people around the world that are looking at your shit. And I don't understand what the hell you're talking about. Still to this |
1153 | 02:46:20,250 --> 02:46:28,590 | day, like she can't understand what it is that we do. The way she sees it. It's a video game kind of the way she says, she dismisses it like that just says |
1154 | 02:46:28,590 --> 02:46:38,280 | Aleksis video game itself bullshit doesn't mean anything for her to tell me that she was always jealous of that number one hurt. It just cut me like fuck I |
1155 | 02:46:38,280 --> 02:46:45,930 | already think about this as it is. And I've already shared that with you and other video streams and lectures and series on my YouTube channel. But when she |
1156 | 02:46:45,930 --> 02:46:56,010 | said that, she was jealous of how much time I had to vote to all of you and doing this. But knowing now how people share their affection and adoration for |
1157 | 02:46:56,250 --> 02:47:05,370 | the time and energy and effort that I put into it. She goes, I know it makes you happy, and it's who you are. And that makes me happy. And it's worth it. That |
1158 | 02:47:05,370 --> 02:47:14,760 | was very moving from me. Because it freed up a lot of guilt. Because I'm, I'm me. And I wrestled with a lot of things. And if I get an idea in my head, no |
1159 | 02:47:14,760 --> 02:47:26,280 | one's stopping me. No one's gonna say please don't do that. It's to me very comforting for my wife to finally let me know this. And it feels like, you know, |
1160 | 02:47:26,550 --> 02:47:34,410 | I feel like a piece of shit as a husband and I look back, and I'm honest with all of you and them and tell them all the time. There was many times where I |
1161 | 02:47:34,410 --> 02:47:44,610 | knew I could have stopped. I made plenty of money that day. I don't need to do any more trading, but my obsessiveness says beat the fuck out some more. Why? |
1162 | 02:47:44,790 --> 02:47:55,320 | Because I need validation. I need that, because I can't get it. Because my grandfather who was my dad can't give it to me. So it drives me. That's the |
1163 | 02:47:55,320 --> 02:48:06,240 | wiring I have. I'm hardwired for that. And she gave me one of the greatest gifts, a man, a husband, a teacher could ever have received. Like she, she gave |
1164 | 02:48:06,240 --> 02:48:17,100 | me the validation that I've been seeking. Like, all of you could thank me every day, you could all for all kinds of appreciation. And thank you all. Listen, I |
1165 | 02:48:17,100 --> 02:48:26,550 | do appreciate it. It's not needed, I want you to understand that is not going to scratch the itch. Because you're not my grandfather, you're not my dad, you're |
1166 | 02:48:26,550 --> 02:48:39,570 | not my parent. But my wife, my best friend, my lover, my life's partner, she gave me a gift in that. And maybe it's something you might have shared in your |
1167 | 02:48:39,570 --> 02:48:49,050 | own social media circle, maybe you would have kept that private. But it was monumental to me. Like it was like a milestone. Like I felt like a big weight |
1168 | 02:48:49,050 --> 02:48:58,410 | came off my back like this desire this need that I've always felt every single day even before you knew me, before I even knew who the fuck I was. I live my |
1169 | 02:48:58,410 --> 02:49:06,870 | life like that. When I had jobs, I worked so that way I was better than everybody else. And I worked my ass off until I got that recognition. And if |
1170 | 02:49:06,870 --> 02:49:15,150 | someone cut the case of asked about that, or jealous or whatever, I would just be more into whatever I was trying to be better than everybody else. That's how |
1171 | 02:49:15,150 --> 02:49:24,600 | I am not because I want to be competitive because because of the nature of of competitors ism. It's not the competitive nature itself. It's the fact that that |
1172 | 02:49:24,630 --> 02:49:34,650 | underlying need to be validated that stems from my childhood. That's what motivated me to beat him. And I don't feel that anymore. It's a weird feeling. |
1173 | 02:49:34,650 --> 02:49:41,910 | It's like I feel like I'm free. Like I don't know how to put it in words where I just feel like I don't have that chain around me anymore. Like I don't have |
1174 | 02:49:41,910 --> 02:49:52,740 | that. I don't know. I don't know the real words to it escapes me. I just know I feel happy. Like I really feel happy. And I want to make this woman, the |
1175 | 02:49:52,740 --> 02:50:00,120 | happiest woman in the world. I've obviously been, you know, a faithful husband. I never would have done anything outside of our relationships, you know? Was |
1176 | 02:50:00,120 --> 02:50:07,980 | that whatever she would ask me for right now. And she's not the kind of, you know, that would really do that type of stuff, even though she is excited about |
1177 | 02:50:08,070 --> 02:50:18,600 | the new home. But whatever she would ask for it be nothing that would give it to her anymore. And it feels good. Like, it feels good. Because I have a lot of |
1178 | 02:50:18,600 --> 02:50:26,430 | times, you know, when I'd be working on videos for you, or the mentorship group, she would pass by and see me and sometimes she would shake her head and like, |
1179 | 02:50:26,520 --> 02:50:34,410 | you could see the staining or like, like this, was this chick on a stop? Like, I never spend time with you, when is she gonna come to you? And then that was the |
1180 | 02:50:34,410 --> 02:50:43,800 | look. And I would see it and I'm like, Sure, shortchange this video, and I'll pick it up on the next one. I knew it. I was aware of it. But I still kept doing |
1181 | 02:50:43,800 --> 02:50:55,230 | it, because who I am. And she understands because of all of your feedback, that feedback that you shared in my YouTube videos and on Twitter, I was surprised, |
1182 | 02:50:55,230 --> 02:51:03,810 | and then one that she would even look at it, because she always avoided it. And sometimes when some of you were doing those video testimonials and showing your |
1183 | 02:51:03,810 --> 02:51:04,470 | cricket class, I |
1184 | 02:51:04,470 --> 02:51:12,630 | think, can I see your faces, like I would love to see some of your faces and put a face to a voice because it's one thing to type something out, anybody can type |
1185 | 02:51:12,630 --> 02:51:20,760 | something out, anybody can do that. I wanted to see a real, a real person, a real face. And a lot of you did that on YouTube. And some of them were very |
1186 | 02:51:20,760 --> 02:51:28,560 | moving brought me to tears about my wife to tears, my kids to tears, showing your appreciation for what you've learned and what you're able to do now. That's |
1187 | 02:51:28,560 --> 02:51:37,440 | awesome. And you know, her looking into that. It first kind of felt weird. I was like, why I was looking here and I was thinking shit, she wants to learn how to |
1188 | 02:51:37,440 --> 02:51:47,940 | fucking trade. Man, I got a fucking trophy wife, fuck yeah, my wife got me a fucking chicken machine. She's not trying to trade. But long story short, she |
1189 | 02:51:47,940 --> 02:51:57,390 | just, she can just see what they give you. And I can see how that will motivate you. And I'm happy that you get that and it's been worth it. So I just want you |
1190 | 02:51:57,390 --> 02:52:08,970 | to know that I appreciate the love. Well, adoration, respect, thankfulness that you have extended to me. And I don't, don't take that for granted. Especially |
1191 | 02:52:08,970 --> 02:52:17,820 | now. Like, I am so thankful that she made her feelings known to me, because you're not going to check down and never found that out or hurt her ever say |
1192 | 02:52:17,820 --> 02:52:26,280 | that. It wasn't like she wrote it down on a card. It wasn't like she sent it to me in a text. She was in the vehicle with me. And we're driving and she just |
1193 | 02:52:26,280 --> 02:52:36,990 | came out with it. And it moved me. You know, some of you younger guys would think it was a big deal. But that, but I've been with this woman since 1987. And |
1194 | 02:52:36,990 --> 02:52:47,670 | she's always had animosity towards all she literally had animosity towards all of you. And she didn't like the fact that I was doing she wanted me to stop all |
1195 | 02:52:47,670 --> 02:52:58,110 | the time. And because of me coming out publicly and making new a lot of the lesson. She She literally would tell me all the time stop teaching because these |
1196 | 02:52:58,110 --> 02:53:07,740 | pieces of shit that are selling your stuff, okay? Like they're just making a mockery of it. They're they're making money off of it. And they're diminishing |
1197 | 02:53:07,740 --> 02:53:15,390 | you. By doing so they're not diminishing me. They're advertising for free. They're getting paid a commission by selling it. Yes. Is it wrong? I believe so. |
1198 | 02:53:15,720 --> 02:53:22,170 | They're trying to get credit for something they're trying to do something they shouldn't be doing. But you found me because of that. Exactly how I designed it. |
1199 | 02:53:22,320 --> 02:53:32,220 | They all worked for me. Everyone you resellers was your pimp like that. You all worked for me. You worked every corner for me. I didn't have to pay for |
1200 | 02:53:32,220 --> 02:53:41,550 | advertising. You did it for me. And all of you find folks that tutelage now, you have them to thank, because they did a good job drawing attention to how to find |
1201 | 02:53:41,550 --> 02:53:49,350 | me, I didn't have to do any of that type of work. You came to me, because somebody talked about something that you found leaked, Oh, this guy can do this, |
1202 | 02:53:49,350 --> 02:53:58,800 | this guy can do that. And now you've tasted it. You've seen it. And now you're encouraged by it. But my wife was never a fan of any of you. None of you. Her |
1203 | 02:53:58,800 --> 02:54:06,210 | feelings. Were the only telling you the nice stuff because they want something from you. Since you stopped doing this. They're not going to go ship. Well watch |
1204 | 02:54:06,240 --> 02:54:15,330 | the greeting. I agree most of you will just move on. And that's fine. That's what adults do. I'm not looking for you constant handshakes. Here, I made a |
1205 | 02:54:15,390 --> 02:54:25,140 | promise. I made a promise that if I was gifted with this, I was spend the rest of my life doing it. So I'm doing that. But for her to say that it's not her |
1206 | 02:54:25,140 --> 02:54:34,710 | nature to switch up like that. When she changed gears and says, Hey, look, I can see it now. Like this is you like, yeah, I always knew it was you and it's your |
1207 | 02:54:34,710 --> 02:54:47,100 | personality and your passion and your life. But I can see and hear. And like when she watched that young lady Hannah, and she was it's odd Hearing People Say |
1208 | 02:54:47,100 --> 02:54:56,640 | your name and talk about you. Like she sees me as the husband. Yeah, she knows I do this stuff and she she knows that these charts do some squiggly shit on her |
1209 | 02:54:56,640 --> 02:55:04,500 | and money comes into her bank account, and bills payments. Go It boughten she'll have to worry about that stuff. But when she said she listened to this young |
1210 | 02:55:04,500 --> 02:55:12,870 | lady, and the reason why is because my daughter and her were talking, because I said, look to my daughter, watch her channel. Hopefully this will inspire you |
1211 | 02:55:13,140 --> 02:55:22,110 | see, she and my daughter are talking about it. And I guess it was intriguing enough for her to want to watch one of them. And she says, You know, it's weird |
1212 | 02:55:22,110 --> 02:55:31,230 | hearing people talk about you, but they knew you. And she, because you have a lot of videos, I said, that's nothing. They YouTube channels, little like my |
1213 | 02:55:31,230 --> 02:55:40,650 | library of videos. And mentorship is like, over 1000. Like, it's a lot, it's a lot of videos. But she goes, I can see all of the comments that people come in |
1214 | 02:55:40,650 --> 02:55:51,840 | behind and say, they say really nice things about you. And she's aware of many, she's aware of other people that have made, you know, an attempt to troll me |
1215 | 02:55:51,840 --> 02:56:01,680 | discredit me and say terrible shit about me, that ain't even true, but I guess it comes with it. But it really took a toll on her. And I guess she needed to |
1216 | 02:56:01,680 --> 02:56:03,750 | have some kind of a settlement. So |
1217 | 02:56:05,520 --> 02:56:13,470 | she needed some kind of a confirmation that there's another side to that. And when she saw all of because he's never had been actively trying to look into any |
1218 | 02:56:13,470 --> 02:56:22,410 | of it. But once you saw the feedback and stuff, and seeing it not just on Hannah's channel, and not just on my channel, but in the Twitter, you know, when |
1219 | 02:56:22,410 --> 02:56:31,260 | I put out something, you guys really come to life. And she saw that, and just, it feels good. It just feels really good. And I just want to let you know that I |
1220 | 02:56:31,260 --> 02:56:41,340 | appreciate everything. I appreciate the feedback you give me. I appreciate the tweets that you say, you know, tell your wife to say, you know, tell her that we |
1221 | 02:56:41,340 --> 02:56:50,970 | appreciate her patients letting you do what you do for us. And to me, that means a lot. Like I I appreciate that. Because like I said, she's never really been a |
1222 | 02:56:50,970 --> 02:56:59,250 | fan of any of you. And don't take that personal. But just think about your own spouse. Look how much time look how much time I'm talking to you right now. Four |
1223 | 02:56:59,250 --> 02:57:09,120 | hours nonstop. No commercial breaks. You think I can't on the fucking Energizer Bunny, it has nothing on me. Nothing. I don't have a bottle of water here. |
1224 | 02:57:09,330 --> 02:57:18,090 | Nothing. I can still go, this battery will die before fucking I start wanting to talk. Okay, but I just want you to know that I have it's a wonderful experience. |
1225 | 02:57:18,270 --> 02:57:28,320 | It has given me motivation, like you can't even imagine. And I'm wondering if she's thinking she shouldn't have told me this because she's like, Oh, shit, now |
1226 | 02:57:28,350 --> 02:57:35,520 | he's gonna do more of it. Because it's almost like I told him to go do more. When she didn't. She just said, I understand why you have lived your life like |
1227 | 02:57:35,520 --> 02:57:44,190 | this. understand now why you do it. And I'm thankful and I'm happy that you get what you get out of this. And she said, it's been worth it. That part right |
1228 | 02:57:44,190 --> 02:57:56,820 | there tells me yes, it hurt her. It took from her, which I always were was aware of, but for her to basically acknowledged that it was a suffering on her part of |
1229 | 02:57:56,820 --> 02:58:08,160 | doing without that she feels like that was her participation in it. And she's thankful that that was her role of just allowing me to do it. Because let's be |
1230 | 02:58:08,160 --> 02:58:16,830 | honest, folks, I mean, if she would have put her foot down and said, Listen, it's this for me. As nice as you people probably are. I would only fuck off |
1231 | 02:58:16,830 --> 02:58:23,820 | Celia, I gotta go. And so is a really real, everybody out here listening to this would have done the same thing. Like if it's choice of your wife or your |
1232 | 02:58:23,820 --> 02:58:34,590 | husband, or doing this, you know, I love my wife more. And I really love her now. And I just I am so in love with this woman, and so thankful that the Lord |
1233 | 02:58:34,590 --> 02:58:46,380 | gave me her. I'm just, I'm in a really nice point in my life, that every moment feels important. Like, like today, everything I was doing today, I was thinking |
1234 | 02:58:46,380 --> 02:58:55,440 | myself like, man, and maybe it's because I'm 50 Maybe because they say, you know, life really begins at 50. I'm just really appreciative of everything. And |
1235 | 02:58:55,590 --> 02:59:04,110 | if you ever wonder if I do appreciate any feedback, I may not like your comment because you say, oh, yeah, you're the goat. I don't like your comment because |
1236 | 02:59:04,110 --> 02:59:13,200 | you said that. I understand what you're saying. I don't want you to refer to me as that. Not because I know you're I know you're not calling an animal. I just I |
1237 | 02:59:13,200 --> 02:59:20,880 | hate that term. Like I hate it. I can't I have a disdain for it. But I didn't know I'm the best. I don't need you to tell me. So just that we know each other. |
1238 | 02:59:21,150 --> 02:59:28,710 | You don't need to go forward with any kind of continuous thing about it. But a simple Thanks, that's enough. It's cool. But showing me your results. That's how |
1239 | 02:59:28,710 --> 02:59:34,800 | you thank me. So tomorrow, work your ass off and bring me some results. Until next time. Be safe. |