020-ict-tw-spaces-20221106-30th-Anniversary-as-ICT-original
Last modified by Drunk Monkey on 2022-12-29 08:29
Outline
00:43 - What if it's almost planned anyway?
02:18 - What’s your deepest passion? What is your goal?
09:56 - If you’re fearful of the next trade, you will get it wrong.
13:47 - How do we endure the hardships of trading?
20:35 - Holding on to a losing trade too long is the number one characteristic of a losing trader.
23:54 - Why it’s so difficult trading.
31:25 - When the market isn’t moving, start giving yourself a timestamp.
34:30 - Holding on to dogs -.
41:11 - You’re trying to trade your public image.
43:43 - What happens if you tripled your account over a year?
49:20 - Why you have to have the moxie to try it.
54:52 - The root of all evil is money -.
58:17 - If you’re lazy, the results won’t yield themselves to you.
01:04:45 - If you lose your mind, you go bonkers and you start overtrading.
01:07:28 - If you have deadwood in your trade, get rid of it.
01:14:02 - What are you looking for in a man?
01:17:56 - If you can’t do those types of things these markets will literally take you out.
01:24:26 - My Kryptonite is my attention span -.
01:26:39 - When you have frailties you have to embrace them.
01:32:19 - When you’ve done all the right things, you should feel good.
01:40:07 - When you start making lots of money, your family and friends don’t like it.
01:44:04 - What’s my deep- rooted driven passion?
01:51:15 - When I moved out of my family’s apartment, it was a scary feeling.
01:54:41 - The feeling of isolation, loneliness, anxiety, and fear.
02:01:18 - What would you be doing if you weren’t in this industry?
02:04:22 - Don’t let people that are not successful tell you how to live.
02:09:48 - How do you know when it’s time to buy a fair value gap and how long does it stay open?
02:13:45 - Don’t try to tinker with it -.
02:20:49 - The way this world works is diametrically opposed to what the books say.
Transcription
| 1 | 00:00:43,920 --> 00:00:58,830 | ICT: thought about waiting till nine o'clock that way it's really 30 years technically not being honest here. So if you can hear me text me or tweet me and |
| 2 | 00:00:58,830 --> 00:00:59,910 | say we hear you ICT |
| 3 | 00:01:12,420 --> 00:01:21,240 | This will also give me a thank you Lex mutable effects. Thank you so much |
| 4 | 00:01:26,850 --> 00:01:39,330 | already. Alright, so let's see how things run with Elon at the helm. Usually I get all kinds of cut ins and fade outs. And usually when I'm talking about the |
| 5 | 00:01:39,870 --> 00:01:54,270 | tinfoil hat topics, somehow those broadcasts tend to get the most interruptions. What if it's almost planned? Anyway. So I've been thinking about this entire |
| 6 | 00:01:54,270 --> 00:02:14,790 | day, how the last three decades how things started, how things could have ended several times, and how stress has stresses, anxiety, fear of failure, not |
| 7 | 00:02:14,790 --> 00:02:27,780 | getting fast enough. impatience. All those things, I know that all of you are obviously enduring, some of you wanting to tap out. And that's normal. That's |
| 8 | 00:02:27,780 --> 00:02:37,410 | normal. That's a that's a, an occurrence that happens with every one of us. And most people do tap out and they ring the bell, and they never come back. But |
| 9 | 00:02:38,130 --> 00:02:49,740 | hopefully, this year, I've been able to show you a great deal of consistency that is found in the way I teach my students price action, the way the market |
| 10 | 00:02:49,740 --> 00:03:03,210 | itself books price, and I'm inspired as a mentor, by seeing all of the feedback and all the adoration and inspiration that you guys give me as students. It's, |
| 11 | 00:03:03,720 --> 00:03:19,710 | it's like jet fuel for me. And I appreciate that. So I posted a question. If you were to ask me. One question if we were to talk on spaces, and he had the |
| 12 | 00:03:19,710 --> 00:03:30,870 | opportunity to ask me, most of the responses were along the lines of between three topics, obviously, my personal testimony as a believer, which I won't do |
| 13 | 00:03:30,870 --> 00:03:39,780 | that tonight, not because I'm ashamed of it, but I'm just it's not I'm not in the right mindset to share that. I have no problem sharing it. But tonight, that |
| 14 | 00:03:39,780 --> 00:03:51,180 | won't be it. Maybe Christmas week, I'll do that. Maybe I'll do a Christmas week space. join you guys for the festive holiday season. We'll talk about that. That |
| 15 | 00:03:51,180 --> 00:04:02,880 | way you guys will know if you're atheists or have another persuasion. You can tune out not listen to that, or whatever. The other ones were along the lines of |
| 16 | 00:04:02,880 --> 00:04:15,210 | how did I endure the hardships I've talked about that a lot. And it's in a lot of my videos too. So it's really not something that by my opinion needs to be |
| 17 | 00:04:15,330 --> 00:04:27,300 | rehashed up pretty much job about that most every video somehow it finds its way in there as it's finding its way in here now. The other one was what is my |
| 18 | 00:04:28,260 --> 00:04:41,790 | what's my deepest passion go? Where do I see myself in the future? Like what's what's the future for ICT? Like what? Where am I heading? What's my goal? What's |
| 19 | 00:04:41,790 --> 00:04:56,190 | my I guess, next objective. And for the life of me, I've been distracted with this new home and the pains and the things that's going on in it and I haven't |
| 20 | 00:04:56,880 --> 00:05:07,680 | really had a whole lot of time to think about that. has been enjoying the fact that my workload that I've placed on myself all the time as a teacher is far |
| 21 | 00:05:07,680 --> 00:05:19,050 | less than it has been in the last six years. I'm very grateful for that, because it's been a whirlwind. But I kind of want to talk a little bit about what I |
| 22 | 00:05:19,050 --> 00:05:28,290 | would like to do. And you guys can be instrumental in this. Because if it's something you want to see happen, if it's something that doesn't live up to your |
| 23 | 00:05:28,290 --> 00:05:39,360 | expectations, or whatever, be honest and saying, Yeah, I don't think that's a good idea. And that's okay. Constructive criticism. But in 2023, you know, when |
| 24 | 00:05:39,360 --> 00:05:49,590 | I come back after the holiday break, usually it's the first Tuesday of February. So that doesn't mean I won't, obviously, dragging you nuts on Twitter throughout |
| 25 | 00:05:49,590 --> 00:05:59,820 | the holiday. It's easy to do that, but to sit down and like make videos and or lectures and things of that nature. I don't foresee myself doing much of that. |
| 26 | 00:06:01,350 --> 00:06:13,680 | But what I would like to do, and what has my interest, because I have a lot of students, obviously, that I've trained, and they're either running one right now |
| 27 | 00:06:13,710 --> 00:06:23,820 | for about to start one, a signal service, using what they learned. And I'm all for it, you know, and Kurt, I've encouraged all my students, if you've learned |
| 28 | 00:06:23,820 --> 00:06:30,780 | how to trade under me, and you've done very well, and you're consistent, not that I want you teaching my content, because there's a lot of people on Amazon |
| 29 | 00:06:30,780 --> 00:06:42,060 | and YouTube and Instagram and all over the place. Okay, they're all mimicking me. That's not what I want. I didn't want to create clones. But I'm all for |
| 30 | 00:06:42,060 --> 00:06:49,920 | someone that wants to provide a business for themselves and also a Avenue. Because there's people and I know, some of you are probably listening to this, |
| 31 | 00:06:49,920 --> 00:06:57,210 | as much as you don't want to admit it. There's probably some of you that just know in the heart of hearts, that you're probably not going to be able to do |
| 32 | 00:06:57,210 --> 00:07:15,060 | this. And it hurts. I know, I know. I have students from each one of my entire mentorship groups that came in the each intake they have failed, basically. And |
| 33 | 00:07:15,240 --> 00:07:26,610 | that's a horrible feeling. And I don't know how to bridge that for those individuals that just really have shown that they have done what it is they need |
| 34 | 00:07:26,610 --> 00:07:42,300 | to do. They put years into it. And they didn't over leverage. They didn't over trade. They just simply can't do it. And that's a really hard topic. And I guess |
| 35 | 00:07:42,300 --> 00:07:52,680 | in a lot of ways, you know, it would be foolish for me and anyone else to pretend that if you're teaching something, to not have the expectation that some |
| 36 | 00:07:52,680 --> 00:08:02,940 | are just simply going to fall to the wayside and not be able to do it. Me personally, as a, as a man as a person with obsessive compulsive disorder. I |
| 37 | 00:08:02,940 --> 00:08:16,560 | don't like when I see someone tried to do what it is I teach, and then fail. I don't I don't like that at all. I take it personal. And when I get those |
| 38 | 00:08:16,590 --> 00:08:27,780 | responses from individuals, and it's not many of them, but I do get them. It's really hard for me to take it. Like I don't like take it personal. Not that I |
| 39 | 00:08:27,780 --> 00:08:37,530 | feel like they're trying to be vindictive, because many of them are very heartfelt, almost apologetic. Like saying I'm sorry, I've done everything he |
| 40 | 00:08:37,530 --> 00:08:45,390 | asked me to do here in may share what they've been doing. They even went so far as to say this is what I expect in the marketplace. And this, this, this, this, |
| 41 | 00:08:45,600 --> 00:08:54,510 | and they can see the setups, potentially there. But they're afraid to pull the trigger. Something inside of them just simply won't let them do it. And then it |
| 42 | 00:08:54,510 --> 00:09:06,810 | moves. And it just can't get past that. And I don't know how to make it plainer than, hey, you got to practice. Get to the point of doing it so many times in |
| 43 | 00:09:06,810 --> 00:09:16,590 | demo. It's not even a thought process behind it. You see it, boom, there it is. And many, many times when you see me show my examples like the other day when I |
| 44 | 00:09:16,590 --> 00:09:24,450 | was going through Twitter and I saw a couple people rambling on about me. And I was like okay, let me see what's in the market right now. And literally in |
| 45 | 00:09:24,450 --> 00:09:35,070 | seconds turning the chart on I saw that SMP trade. And I recorded it, I engaged to the whole thing. And there it is. So on Non Farm Payroll, that type of setup, |
| 46 | 00:09:35,130 --> 00:09:46,170 | you know, being able to do this for as long as I've done and having students learn this approach, you'll get to that point, not all of you, but most of you |
| 47 | 00:09:46,170 --> 00:09:57,630 | will, but it takes time. But individuals that don't submit to the process of accepting the fact that you're going to get it wrong. Sometimes you're just |
| 48 | 00:09:57,630 --> 00:10:09,750 | simply going to get it wrong. And if you're gonna be fearful of the next trade that you take being wrong. And you're placing too much emphasis on the outcome. |
| 49 | 00:10:10,830 --> 00:10:21,420 | And the outcome of an individual trade, or even an individual trading week. And I'll go so far as to say is a trading month. If you're trying to squeeze in, and |
| 50 | 00:10:21,420 --> 00:10:28,980 | I mentioned this the other day on net effect, I think it was today, I was answering some questions from a private group. And now you can't join that. And |
| 51 | 00:10:28,980 --> 00:10:35,820 | I'm not trying to rub it in your face. But every time I mentioned it, obviously, it's people like, Oh, can I join your mentorship program? No, I'm trying to |
| 52 | 00:10:35,820 --> 00:10:43,380 | bring it to a close. And they all know this is the truth. And I don't want to operate that form anymore. And if anything going forward, I want to be public. |
| 53 | 00:10:43,800 --> 00:10:56,190 | Because exclusivity makes something easily abused. And it's been abused. But I've had students asking, basically, like, you know, how to get past this, and |
| 54 | 00:10:56,190 --> 00:11:03,420 | how to get past that, you know, where they're looking for a particular thing in the marketplace, that they feel is a barrier. |
| 55 | 00:11:05,130 --> 00:11:18,630 | And most of it is simply understanding where the market is likely to go. And that draw on liquidity. That is a statistical opinion. We have statistics behind |
| 56 | 00:11:18,630 --> 00:11:31,230 | the saying that these things repeat this many times in the past, our belief, okay, our belief, not that is an absolute truth. Not that it's infallible, it's |
| 57 | 00:11:31,230 --> 00:11:43,680 | our belief that we have statistical evidence to support the idea that it's probable, more than 5050, that the markets gonna go to a particular level, that |
| 58 | 00:11:43,680 --> 00:11:52,680 | I dub a draw on liquidity. So you have to have some kind of reason to expect the market to go higher or lower. And some of my students have had barriers with |
| 59 | 00:11:52,680 --> 00:12:05,250 | looking at other things, that if they just focused on that particular thing, it answers a lot of problems and hangups, for them as a student or a trader. If you |
| 60 | 00:12:05,250 --> 00:12:17,550 | look at how, even in my private mentorship group, the folks that are struggling, their number one thing is bias. Because they're trying to put too much of a |
| 61 | 00:12:17,550 --> 00:12:34,680 | emphasis on being perfect. I'm drinking water deerpark it's not that good, actually. But the the the emphasis that students placed not just my own |
| 62 | 00:12:34,710 --> 00:12:44,100 | students, but I'm sure everybody else out there that's trying to learn how to trade when you place so much emphasis on the outcome being perfect, or trying to |
| 63 | 00:12:44,100 --> 00:12:56,160 | avoid that negative experience a losing trade, okay, or worse, that you get into a trade, it starts moving for you and you do nothing with it, you take no |
| 64 | 00:12:56,160 --> 00:13:07,650 | partial, you don't roll your stop to a point where it takes next to nothing, if at all, anything. And it turns around. And you don't want that transaction. |
| 65 | 00:13:07,830 --> 00:13:19,350 | Because even though it might not be that much in terms of money being taken from you even demo, it's the mark against your pride, your ego, or your opinion of |
| 66 | 00:13:19,350 --> 00:13:29,790 | yourself. And many times, it's the young men that come into this business and frankly, it's the men this to say that way. We don't like to have a negative |
| 67 | 00:13:30,120 --> 00:13:43,500 | knock against us, you know, we want to be apex predators, we want to be the, the upper echelon of male you dominance. And that's why you see a lot of this |
| 68 | 00:13:43,500 --> 00:13:53,850 | competition you tune in, in trading. It's like, I'm better than you. And I toy with these guys, because it's it's entertainment. I mean, I'm better than this, |
| 69 | 00:13:53,850 --> 00:14:03,960 | be honest. But look, it's entertainment. But if you ask them, or if you study them all, predominantly, they are motivated by that they define themselves with |
| 70 | 00:14:03,960 --> 00:14:17,280 | that whole, you know, scorecard mentality. And I guarantee you these individuals are so unprofitable. And they either doing something with your fraudulent |
| 71 | 00:14:17,490 --> 00:14:29,040 | results, or they're simply never trading with real money, because they have literally so much behind the emotional aspect of their image. That's what you |
| 72 | 00:14:29,040 --> 00:14:38,790 | get. That's the outcome of a student learning how to do this business not again, not this is not just knocking my own developing students, but any student in |
| 73 | 00:14:38,790 --> 00:14:55,440 | trading. If you have so much built up behind your result, or your weeks result, or a month's result numbers, can you take a month that's negative? Can you take |
| 74 | 00:14:55,440 --> 00:15:08,400 | a month that you lost say, Oh, I don't know. Eight to 10% Could you take that? Now? If you're new? If you've never really lost that kind of money? Then you |
| 75 | 00:15:08,400 --> 00:15:22,800 | could probably say, Well, you know, I think I could. Okay, let's go and say you have a $250,000 account. And you lost $25,000? Could you stomach that? Would it |
| 76 | 00:15:22,800 --> 00:15:33,780 | be something that you would feel paralyzed by? Or would you feel like I gotta get that back? I cannot have my month close. Negative $25,000. I can't live with |
| 77 | 00:15:33,780 --> 00:15:36,540 | myself, my spouse will ask me, my significant other. |
| 78 | 00:15:38,940 --> 00:15:47,550 | What would I say then? How will they think of me? First of all, let's get one thing straight. It doesn't fucking matter what anybody else thinks about you as |
| 79 | 00:15:47,550 --> 00:15:57,720 | a trader, because you're the person in the driver's seat. You're it. So your results are yours. In stuff fucking Sharon, I'm with other people stop trying to |
| 80 | 00:15:57,720 --> 00:16:06,570 | do all this stuff with my FX book. Okay, my effects book unless you're doing signals, okay, unless you're trading and giving out signals, there's absolutely |
| 81 | 00:16:06,570 --> 00:16:15,660 | no reason for my FX book. There's zero, None. None. And as a young man out there, and I'm not gonna say his name, because I'm not trying to kick sand in |
| 82 | 00:16:15,660 --> 00:16:33,570 | his face. I could, if I was that type of guy. I'm not. But they're floundering. And I've watched him move from his verify results. To now it's a high risk |
| 83 | 00:16:34,260 --> 00:16:45,360 | account, justifying why there was drawdown, that's a young man that's doing the very thing as I'm talking about right now. Because he's trying to live up to a |
| 84 | 00:16:45,360 --> 00:16:57,510 | public image of himself. everybody's opinion of him, because he barked, he drew a crowd, and now he can't handle the pressure. Why would you want to make |
| 85 | 00:16:57,510 --> 00:17:07,770 | trading harder for yourself? It's already hard. It's so hard. If you look at the posts I made on my Twitter. It's great for doing this stream, or space, wherever |
| 86 | 00:17:07,770 --> 00:17:17,100 | it is. I asked her, Why don't you What would you like to ask? And there was a few ladies that asked, Hey, I'm assuming they were ladies, apologize if the name |
| 87 | 00:17:17,130 --> 00:17:31,020 | made me think that you were female? And you really aren't. But the question came up, like, how do we endure the hardships? Basically? How do you get past all |
| 88 | 00:17:31,020 --> 00:17:41,640 | that psychological barrier? And how do you keep going when it feels hard? Well, first of all, you gotta give yourself permission. Like I've told my private |
| 89 | 00:17:41,640 --> 00:17:50,850 | students, like, you have to give yourself permission to do it wrong once in a while. Like, you have to do it. Because if you think you're gonna walk out |
| 90 | 00:17:50,850 --> 00:18:02,040 | there, open up an account. Even if you trade with such small, insignificant amounts of money in terms of risk, you think that that's gonna be the solution |
| 91 | 00:18:02,040 --> 00:18:14,430 | to why you're going to never have a losing trade? That's nonsense. Like, you're gonna lose money, it's gonna happen. You need to plan for it, you need to make |
| 92 | 00:18:14,430 --> 00:18:26,670 | yourself ready for it psychologically, you know, preparing yourself, okay, I'm going to lose money. What happens if I do lose money? Most of you want to just, |
| 93 | 00:18:27,180 --> 00:18:34,260 | you know, teach me how to buy and sell. How do I know when bias is bullish or bearish? Because if I can just have that all I gotta do is take a fair value, go |
| 94 | 00:18:34,260 --> 00:18:43,770 | and see now, we went from if ICT could just get to a point already, and tell us how to determine bias, which I've already done. I've done multiple lessons on |
| 95 | 00:18:43,770 --> 00:18:54,480 | that. But the problem is you want every day bias. And again, you're taking a sound principle, or teaching or lecture point, that if you just simply use the |
| 96 | 00:18:54,480 --> 00:19:02,490 | way I teach it, wait for these choice setups. You'll know the bias when it matters most. But the problem is, you're impatient because you want it to be |
| 97 | 00:19:02,520 --> 00:19:10,050 | everyday bias. You want day trading to be everyday trading, and an everyday trading, you want every session trading in every session trading because you |
| 98 | 00:19:10,050 --> 00:19:19,530 | said ICT you can trade the hourly candle and treat like a like the daily ranks. Yes, I can. But I can do that. It's not the same thing for you to expect you are |
| 99 | 00:19:19,530 --> 00:19:35,820 | able to do it. You see what's happening. You're placing so much of an Olympic expectation on yourself. If you've taken the normal threshold of difficulty, |
| 100 | 00:19:35,820 --> 00:19:46,440 | which comes to everyone in this industry, and I was not exempted that I mean, I went through a lot. Six years of thinking I had it Nope. You have to draw on |
| 101 | 00:19:46,440 --> 00:19:55,920 | board thinking ahead. Nope. Went back to the drawing board. I technically had it three and a half years in but I abandon something and chase other things. And |
| 102 | 00:19:55,920 --> 00:20:06,300 | then went back to where I started seeing results and then boom there it was. but you're gonna have hardships, you're gonna have issues where, you know, you're |
| 103 | 00:20:06,300 --> 00:20:15,210 | gonna feel like you got to figure it out, you'll have a week or two, maybe even a month where you just did everything right. And this is where you get in |
| 104 | 00:20:15,210 --> 00:20:24,960 | trouble young men, you think that you've got it all figured out. And then you have a losing trade. And it might not even be a significant loss, it might be |
| 105 | 00:20:24,960 --> 00:20:34,980 | something so small, half a percent or whatever, you save the stock from getting hit full on, like you had a 1% risk or 2% risk. And you say that from getting |
| 106 | 00:20:35,220 --> 00:20:36,960 | knocked out. But still, it's a loss. |
| 107 | 00:20:38,220 --> 00:20:47,580 | Now, you're not looking at the fact that you were able to mitigate the total one or 2% hit to your account, because you protected the stop loss, you saw it was |
| 108 | 00:20:47,580 --> 00:20:57,780 | going to turn on you, you close it before it went to your stop. That's commendable. And that's a skill set, not to promote the idea of paranoia. But if |
| 109 | 00:20:57,780 --> 00:21:07,110 | you're beginning to trade live funds, if you do that, initially, and you are aggressive about cutting your losses, that alone would probably keep you live |
| 110 | 00:21:07,110 --> 00:21:17,730 | long enough to find a way to grind through the adversities. Because when you get a real good winning trade, it doesn't wait around, it just takes off. It just |
| 111 | 00:21:17,730 --> 00:21:30,570 | runs. But the problem with this business is you want to second guess yourself so much because you're trying to avoid losing. This is the number one |
| 112 | 00:21:30,570 --> 00:21:41,940 | characteristic of a losing trader, you're willing to hold on to a losing or questionable trade. Come hell or high water, you'll hold that it isn't moving |
| 113 | 00:21:41,940 --> 00:21:50,910 | like you want it to. But dammit, you're not letting go of it. Because what happens if you close it and it runs in your favor? What happens if you're |
| 114 | 00:21:50,910 --> 00:22:02,910 | fucking wrong, and you've held on to it too long, that's what usually happens. See, if your trade is right, it's going to show you right away. If it's you |
| 115 | 00:22:02,910 --> 00:22:13,320 | know, hanging around and just beating around the bush is not trying to run off and move into profit for you. It that's a warning sign. Either you entered too |
| 116 | 00:22:13,320 --> 00:22:31,050 | early, or you have a dog. Okay, and unfortunately, holding on to a questionable position. sucks because you're spending mental capital. Whereas if you flip that |
| 117 | 00:22:31,050 --> 00:22:42,420 | coin, because you're placing so much emphasis on not doing it wrong, when you do get a quick runner and it starts moving. You abandon where you think it's gonna |
| 118 | 00:22:42,420 --> 00:22:57,390 | go. And you close the trade quickly. That paradigm shift that's necessary to fix that. That's something that has to happen over time. And it's a conditional |
| 119 | 00:22:57,390 --> 00:23:09,990 | thing that you forge, through coping skills, going through the process, as I've taught in great detail on my YouTube channel. But the problem is, you're one of |
| 120 | 00:23:09,990 --> 00:23:19,650 | those individuals that want ICT to get right to the point. The point is, you don't listen. That's the point. The point is you don't fucking listen. You're |
| 121 | 00:23:19,650 --> 00:23:27,240 | not trying to take good advice and you just want to do it your way you want Burger King fucking mentorship, okay, have it your way. Well Have it your way |
| 122 | 00:23:27,240 --> 00:23:39,360 | mentorships don't make millionaires. That's the way that works. Okay. It creates emotionally charged traders that hold on to losing trades too long. And then |
| 123 | 00:23:39,360 --> 00:23:47,550 | when they fail and blow up in your face, that creates that loser cycle where you want to try to try to get it back right away. You know, that means you're gonna |
| 124 | 00:23:47,550 --> 00:23:56,430 | lose more fucking money and it just keeps repeating and repeating and then finally you blow your account. And then what happens? You beat yourself up |
| 125 | 00:23:56,790 --> 00:24:04,050 | because you're gonna look at the trades and say why the hell did I even do that? There was nothing in the market. Why did I buy that? There wasn't a fair value. |
| 126 | 00:24:04,050 --> 00:24:12,540 | Yeah, there was no order block it didn't even take sell side liquidity. What the fuck was I doing? You're chasing emotional charges that you put behind that |
| 127 | 00:24:12,540 --> 00:24:25,200 | decision. You completely abandon all reasoning and why you even are trading. You're not the only one has done that. Everybody does that. Everybody does it. |
| 128 | 00:24:25,680 --> 00:24:36,990 | Why? Why is it so hard? Because you're competing with yourself. You have to live with yourself. You have to wake up in your own skin tomorrow and the day after. |
| 129 | 00:24:37,500 --> 00:24:49,950 | And the decisions that you make today and yesterday in which will make tomorrow come with consequences. As he you want consequences to be sugar coated, almost |
| 130 | 00:24:49,950 --> 00:25:05,010 | orgasmic in trading you want them to be happy endings. Not to sound crude, but that's what you really want. You want a chance meeting with a stranger. And a |
| 131 | 00:25:05,010 --> 00:25:16,530 | knock on your bedpost. That's what you want. You want every night to be a one night stand, and it's all good, feel good moments, I'm sorry. Sometimes, you're |
| 132 | 00:25:16,530 --> 00:25:25,260 | gonna wake up next to a hand grenade. And that's just the way it is. And you are going to hurt yourself. But you gotta say, Look, you know what? I got PIP drunk. |
| 133 | 00:25:26,460 --> 00:25:30,030 | I made some poor decisions. Thankfully, I'm not married to this person. |
| 134 | 00:25:31,650 --> 00:25:39,600 | And the slip out before they wake up, and just live on you continue to trade and try not to do that same thing again. This goes for both the ladies and the men, |
| 135 | 00:25:39,600 --> 00:25:50,820 | you know, I'm talking about somebody just whispered. I just did that last week. And as you know, I'm watching I got my eyes on you. But the reason why it's so |
| 136 | 00:25:51,030 --> 00:26:02,250 | it's so difficult trading is because you're competing against a fucking Savage in the making you You are such a formidable adversary, that you alone are the |
| 137 | 00:26:02,250 --> 00:26:10,080 | one that's holding yourself back. Nobody else is holding you back. These Yahoo's on the internet that say what you're trying to learn doesn't work. And that's it |
| 138 | 00:26:10,080 --> 00:26:17,190 | didn't stop you. people commenting saying oh, well, you know, you're doing this and you're doing that this is the real way of doing it. That doesn't motivate |
| 139 | 00:26:17,190 --> 00:26:27,570 | you to go chase that stuff. You're sticking to this. But you, you're the adversary, you're the one that's making it hard for yourself, because you're |
| 140 | 00:26:27,570 --> 00:26:34,800 | trying to make an Olympic feats out of something that's not necessary. You want every transaction to be perfect. And I mentioned this to my private group, I |
| 141 | 00:26:34,800 --> 00:26:46,590 | said, unfortunately, my approach to trading and when I show my examples, and I show my examples are very consistent, yet people out there say, Well, you know, |
| 142 | 00:26:46,590 --> 00:26:53,400 | he's, he's only cherry picking, when I show you the four count. And I show you that there's no other trade executions. And this is the only thing there is, and |
| 143 | 00:26:53,400 --> 00:27:02,190 | I call the only moves I trade on, I call the levels, it's never going to be enough. So I don't care when I go to 2023. I'm not trying to prove anything, I |
| 144 | 00:27:02,190 --> 00:27:13,920 | want to just enjoy teaching. But my students unfortunately see this in me. And they think that that is something that they can obtain right away, right from |
| 145 | 00:27:13,920 --> 00:27:24,330 | Jump Street. Like they think, okay, I can do what I see T is saying in the charts. When he points to it, I can see it's really easy. But when he doesn't |
| 146 | 00:27:24,330 --> 00:27:33,480 | talk about it, I can't see it. And I try to do on my own and it blows up my face. Okay, well, you're trying to force an issue. Number one, you're trying to |
| 147 | 00:27:33,480 --> 00:27:45,660 | force, something that's not practical, you're trying to be someone that you can't be right now. And that means highly precise, detail oriented, and results |
| 148 | 00:27:45,690 --> 00:27:54,870 | driven. So you're trying to be results driven. Without the two factors I just mentioned. Like you have to build discipline. That means you got to go through |
| 149 | 00:27:54,930 --> 00:28:05,700 | trial and error, feel that pain that you're trying to avoid? So you're trying to hide from that, like, No, I don't, I don't want to get a paper cut. I don't want |
| 150 | 00:28:05,700 --> 00:28:11,790 | to get a scratch. You know, somebody's gonna ask me what I did today. And it's gonna be a losing trade, or they're gonna ask me, why did you do that? There was |
| 151 | 00:28:11,790 --> 00:28:18,360 | no reason because everybody wants to be an armchair quarterback. Everybody wants to tell somebody how they do better. But they ain't trying to tell you what they |
| 152 | 00:28:18,360 --> 00:28:29,940 | did. Okay, so that's the problem with this industry. It's so ego driven, it's so image driven. You got to remove all that stuff, remove all of it, your |
| 153 | 00:28:29,940 --> 00:28:45,510 | expectation should be low. Low, very, very low objectives, low hanging fruit attire t shirt. And if you're comfortable in your own skin with that, even if |
| 154 | 00:28:45,510 --> 00:28:54,630 | you get it wrong, those little bruises, as little nicks as paper cuts, when they occur. It's not that big of a deal. It might be a nuisance, you might look at it |
| 155 | 00:28:54,630 --> 00:29:04,050 | later and say, Oh, well, I really didn't see what I thought I saw at the time. But you know, what? From a monetary stance, it really didn't do too much damage |
| 156 | 00:29:04,050 --> 00:29:13,500 | to me. And, you know, I'm still learning. What did what did you just do by doing that? Number one, you acknowledge that you made a mistake? There's nothing wrong |
| 157 | 00:29:13,500 --> 00:29:20,340 | with making mistakes, mistakes are opportunities for you to learn. But why the fuck do you want to blow your account to learn? You're not learning anything |
| 158 | 00:29:20,340 --> 00:29:32,160 | from that. Okay, you're learning to gamble. That's what you're doing. You're learning how to gamble. And honestly, there's very few gamblers that make it in |
| 159 | 00:29:32,160 --> 00:29:41,100 | this industry long term. They just don't exist. Now, I'm not saying that you can't gamble make money. But the problem is, is the gamblers don't generally |
| 160 | 00:29:41,100 --> 00:29:49,830 | know when to get up away and walk away from the table. They think well, you know, I had a flash in the pan who knew when and crypto you know, I bought it it |
| 161 | 00:29:49,830 --> 00:29:59,100 | ran out really good. You know, it's gonna keep doing it. They found out that doesn't work that way. Okay, and everybody that goes into these crypto markets |
| 162 | 00:29:59,100 --> 00:30:09,090 | think that they're gonna see that stellar bull run again. And they discovered just like every other market, that's not what they do. Because they have |
| 163 | 00:30:09,120 --> 00:30:20,280 | unrealistic expectations, they have a Olympic expectations on a market. They don't always care about we move. And if you have a trade, and you put a trade on |
| 164 | 00:30:23,250 --> 00:30:28,410 | if it doesn't give you immediate feedback that you're doing the right thing or holding a potential winner, |
| 165 | 00:30:30,000 --> 00:30:40,950 | you have my permission to kill the trade. And feel no reason why you should feel any regret about it, even if it takes off in your favor. Because if you do this |
| 166 | 00:30:40,950 --> 00:30:52,950 | as general practice, you're gonna find that you will get out of dog trait. Buying dogs make no money. Okay, they gotta get up and run. If they ain't |
| 167 | 00:30:52,950 --> 00:30:59,430 | running, they're not going to get to your draw and liquidity, that means they're not going to get to your profit, you're not gonna be able to partials you're not |
| 168 | 00:30:59,430 --> 00:31:09,480 | going to pay yourself, you can't get paid. And it's gonna be frustrating. So why the hell are you in it? Why are you in that trade? You're trying to make a |
| 169 | 00:31:09,480 --> 00:31:19,800 | diamond out of a turd. You can polish it all the hell you want. He's gonna get shitty hands. It's all this ever gonna happen. You're gonna have a mess. Trying |
| 170 | 00:31:19,800 --> 00:31:30,510 | to turn something that really a bunch of shit. It's never gonna get any better. Why? Because in your brain and your, in your mind, you're telling yourself if I |
| 171 | 00:31:30,510 --> 00:31:40,500 | get out of this, even though I know Oh, my God, this isn't moving right now. But if I close it, if I close it, it's going to run. And I'm going to feel like shit |
| 172 | 00:31:40,500 --> 00:31:52,470 | about that. But you don't do that. When you start thinking, you know, this isn't moving for me. Let me start giving myself a timestamp. Oh, what is that? |
| 173 | 00:31:52,650 --> 00:32:01,590 | Something I do? If I see something like if I buy a fair value go. Okay, for instance, look at the last year I just did on the s&p. I shared it on Non Farm |
| 174 | 00:32:01,590 --> 00:32:15,810 | Payroll on the app a little bit after non farm payrolls first hour. So I went long, and I traded up into a sign of balance bison efficiency city. Let's say I |
| 175 | 00:32:15,810 --> 00:32:24,900 | bought that fair value gap. And it just hung around for I don't know. I mean, I can't recall what timeframe when I was on when I was looking at but let's just |
| 176 | 00:32:24,900 --> 00:32:39,390 | say it stayed inside the fair value gap. For if it was a five minute chart, say there was five candles that it was constantly dipping into it. Okay, I don't |
| 177 | 00:32:39,390 --> 00:32:52,320 | mind a PV array being revisited and reprice to, and that's fine. But if it's hanging around like that, and hasn't ran for the buy side, I start giving myself |
| 178 | 00:32:52,320 --> 00:33:04,620 | a timestamp. So I'll give it usually 30 seconds to a minute. If I as soon as I recognize this, and I start feeling that 30 seconds to 60 seconds. I'm counting |
| 179 | 00:33:04,620 --> 00:33:12,870 | down. I'm literally looking at the time in the lower right hand corner of my charts, I'm saying okay, if I don't see positive movement in my favor, I need |
| 180 | 00:33:12,870 --> 00:33:24,270 | speed and distance. Okay, if you're watching my recordings from do executions, or whatever, sometimes you'll see me typing. So I want to see speed, and |
| 181 | 00:33:24,300 --> 00:33:32,010 | movement. I want to see how how fast I can run away from where it's at. I'm doing that countdown in my head when I whenever I type that out, the internal |
| 182 | 00:33:32,010 --> 00:33:40,980 | dialogue that you're not aware of, I'm telling you right now, is I'm placing a timestamp on it. Yes, I have a stoploss on it. So I think there's against me, |
| 183 | 00:33:41,370 --> 00:33:51,120 | it'll stop me out and take me out the trade at a loss that I'm willing to accept. But I also at these points where the market starts to, like, hang around |
| 184 | 00:33:51,120 --> 00:33:59,010 | and isn't really running for me yet. But it hasn't really scared me to the point where my stop loss is in jeopardy. It just isn't moving around. It's just like |
| 185 | 00:33:59,010 --> 00:34:09,900 | dead. It's a dog. It's a line dog. It hasn't got up and started running it. Soon as I start feeling that I say okay, look at the time. It's got up to a minute to |
| 186 | 00:34:09,900 --> 00:34:20,880 | start moving for me now some of you might well, good grief, Michael 30 seconds, a minute in. That's not enough time, maybe for you. But I know that there have |
| 187 | 00:34:20,880 --> 00:34:32,880 | been so many times in my career where if I just simply would have done that. I would have avoided lots of losing trades. Not to losing traits. By simply |
| 188 | 00:34:33,180 --> 00:34:46,200 | limiting the amount of time I hold on to dogs. You got to let your runners show themselves and if they don't want to join the race. Move on to the next one. And |
| 189 | 00:34:46,230 --> 00:34:56,790 | yes, that means commission costs are spent and you didn't take anything out. So what that doesn't feel bad when you do that. Because if it doesn't run, which |
| 190 | 00:34:56,970 --> 00:35:08,640 | that's going to be the majority of the time, but you brain this telling you, it's going to run and it's going to do 500 handles. Now it's not stop thinking |
| 191 | 00:35:08,640 --> 00:35:20,220 | like that. You have no idea how every trader that's unprofitable thinks the same way. It's almost like they read from the same books. I'm saying that with my |
| 192 | 00:35:20,220 --> 00:35:20,910 | tongue in cheek. |
| 193 | 00:35:23,160 --> 00:35:33,510 | That's what you've been conditioned to believe to accept and want in trading. You want to hold on to a trade, you got to trade your plan and plan your trade, |
| 194 | 00:35:33,510 --> 00:35:42,660 | right? So what does that mean? Well, you gotta get into the trade and come hell or high water, your stop loss gets hit, or it moves in your favor. That's |
| 195 | 00:35:42,660 --> 00:35:54,180 | bullshit. That's why people lose money. That's, that's the reason why people lose money, you have to kill it. If it's not working for you, fire that |
| 196 | 00:35:54,180 --> 00:36:05,340 | position, get rid of it, hire another one. And when you get the right candidate, it will work for you. But you cannot be fucking around with these lackluster |
| 197 | 00:36:05,340 --> 00:36:15,540 | moves that aren't delivering for you if they're not running for you. As soon as you start feeling that unction you know what just, I wish this thing would move. |
| 198 | 00:36:15,660 --> 00:36:24,900 | As soon as you just thought that or said it out loud. That's the time to start the timer. Okay, you got 30 seconds to 60 seconds. If it's don't if it doesn't |
| 199 | 00:36:24,900 --> 00:36:35,670 | start moving in my favor. This is a dog, and I'm killing it. And I don't give a fuck what it does. I guarantee you if you do this, you will protect yourself |
| 200 | 00:36:35,670 --> 00:36:46,170 | more than you'll find these big runoff moves that you think you're gonna lose if you get out of the trade. Let me ask you a question. How many times do you see |
| 201 | 00:36:46,260 --> 00:36:57,510 | big runoff moves? Now you see him all the time in hindsight. But how many times in your own personal analysis? Have you seen big runoff moves, you're not seeing |
| 202 | 00:36:57,510 --> 00:37:07,890 | them every five minutes, folks come on, be realistic. And it gets back to why trading is so hard. Your imagination is running wild, you don't have experience, |
| 203 | 00:37:07,890 --> 00:37:18,900 | you're just now begun the learn how these markets work. And you think that every setup is going to be these mega trades. Doesn't work that way. Bread and butter |
| 204 | 00:37:18,900 --> 00:37:29,250 | setups happen every single day. Which is the reason why I beat that drum all the time. That's an Olympic feat, simple little things, the little things repeat |
| 205 | 00:37:29,280 --> 00:37:40,530 | every day. And you can make fortunes with little movements that are highly consistent. But you can't over leverage them and hold on to them and demand that |
| 206 | 00:37:40,530 --> 00:37:51,840 | they pay out bigger yields, and they're really warranted. So you have to be reasonable with yourself first. Because do you have the skill set that you're |
| 207 | 00:37:51,840 --> 00:38:09,600 | trying to imagine that you do? Going into the marketplace expecting no drawdown, no losing trades? See, when I share my analysis, when I share my expectation on |
| 208 | 00:38:09,600 --> 00:38:22,020 | where I think the markets gonna go, you only see what I show you. Now, that comes with people that can't stand me, they'll say he's cherry picking. That's |
| 209 | 00:38:22,020 --> 00:38:32,040 | the only thing I said. So those results do what for people that are in support of me. They think I'm infallible. So you're learning from someone that shows |
| 210 | 00:38:32,040 --> 00:38:44,370 | high degree of consistency, and precision. So therefore, you should expect what high degree of consistency and precision right over time. See, you have |
| 211 | 00:38:44,370 --> 00:38:52,650 | selective hearing. Just like I'm telling you now, you will learn those skill sets. And you will achieve that. But you will not achieve that in your first |
| 212 | 00:38:52,650 --> 00:39:05,850 | year. It won't happen. It's going to be a lot of discovery, personal discovery, the psychological and emotional things that you got to conquer in your first |
| 213 | 00:39:05,850 --> 00:39:16,500 | year and a half are so significant. And not enough said about it. It's it's one thing for someone to say hey, look, ICD, get to the point give me something I |
| 214 | 00:39:16,500 --> 00:39:26,760 | can work with. Okay, I did that. 2020 mentorship, it's as easy as you're gonna get it. There is nothing else easier out there, Roger. Yeah, he went there. The |
| 215 | 00:39:26,760 --> 00:39:37,290 | bottom line is this. You can make it complicated. And majority of that's occurring between your ears. What you're thinking what you're afraid of all |
| 216 | 00:39:37,290 --> 00:39:49,500 | those things if you stop, and you simply journal, all those concerns, those euphoric feelings, oh, it's going to really start moving beyond my target. How |
| 217 | 00:39:49,500 --> 00:40:00,450 | many times you get into a trade like that? You get into a trade. It moves for you immediately. So okay, great. You got to run her now. But then it is running |
| 218 | 00:40:00,450 --> 00:40:12,930 | quickly to your objective? So now you start thinking yourself, okay, well, I had 15 handles as an objective. One spoon, I'm trading es, and I want to 15 handles, |
| 219 | 00:40:13,170 --> 00:40:21,870 | it's already cleared 10 And it doesn't show any sign of wanting to slow down. This could be one of those 50 handled days. |
| 220 | 00:40:23,220 --> 00:40:35,490 | Okay? Well, if you haven't taken off 80% of your trade at your target, you're messing, you're making a mistake. Now, there's nothing wrong with you saying, |
| 221 | 00:40:35,490 --> 00:40:44,850 | Okay, I'm going to try to hold for 50 Because it's showing signatures that it wants to really run. But you got to take 75 to 80% of your trade off, where you |
| 222 | 00:40:44,850 --> 00:40:55,920 | wanted to get down at where all your stop till point which where you make 25% of what your total range would have been. And just let it go and see what happens. |
| 223 | 00:40:56,280 --> 00:41:08,550 | If it comes back and takes you out at your stop loss. So what you had a chance to see what it was going to do. But you don't say, Okay, I'm gonna ignore where |
| 224 | 00:41:08,550 --> 00:41:18,360 | I thought the Mark was gonna go take new partials, I'm staying with it. 100% Because, you know, I put the initial risk on. So I need to hire are multiple |
| 225 | 00:41:18,360 --> 00:41:27,150 | returns that way I can go on social media, again, you're trying to do something that's stupid. That's stupid. You're trying to trade public image of yourself. |
| 226 | 00:41:28,020 --> 00:41:38,760 | And then you wonder why you're in drawdown. Everybody on Instagram that's doing that. All these marketers that show themselves live in the fast life, supposedly |
| 227 | 00:41:38,760 --> 00:41:49,920 | making money all the time, flying on planes and going to places that they really can't afford, unless they have mentorship people paying them, okay, I'm telling |
| 228 | 00:41:49,920 --> 00:42:09,870 | you, they are trading their public image. That's what they're doing that equity of their opinion from others. They're there. The perception of others about |
| 229 | 00:42:09,870 --> 00:42:18,570 | them. That's what they that's what they're trying to have new equity highs in that. And that's the, that's the problem. When you go out and you start |
| 230 | 00:42:18,570 --> 00:42:28,950 | challenging people, especially people that has been doing a long time, and you can't bring those results that will rattle you, especially if you're a male, a |
| 231 | 00:42:28,950 --> 00:42:41,820 | male takes that personal. Again, it's like you're saying that they aren't that large, downstairs. That's how they'll take it. That's, that's what it feels like |
| 232 | 00:42:41,820 --> 00:42:50,640 | for a man in trading, if they are sizing up with someone else, or someone else's calling them or tapping them on the shoulder. That feeling of I gotta live up to |
| 233 | 00:42:50,640 --> 00:42:58,470 | that. Because what if everyone else thinks that I can't do this and can't do that. And then what they do is they start doing things that they can't really |
| 234 | 00:42:58,470 --> 00:43:13,530 | do. And they are regretting in my effects books, announcing they're going to do funded challenges, all that kind of stuff. Don't do those things. If you don't |
| 235 | 00:43:13,530 --> 00:43:24,840 | do those things, I guarantee you, your results will be phenomenal. Because you're placing no image in the results, you have no expectations held of |
| 236 | 00:43:24,840 --> 00:43:37,440 | yourself. You're not saying I have to hit 20% I gotta do 10% A week, I gotta do 100% In a month and a half or two months. All those types of goals are stupid. |
| 237 | 00:43:38,070 --> 00:43:46,020 | If you haven't been trading for at least three years, and you're trying to do some stuff like that. You're really making it more difficult than it needs to |
| 238 | 00:43:46,020 --> 00:43:59,400 | be. Versus what happens if you just try to make 2% a week? Would you be happy if you had a funded account with, I don't know 100,000 hours and you tripled it |
| 239 | 00:44:00,930 --> 00:44:12,240 | over the course of a year? I mean, how many of you would be like, Fuck you I don't want to earn $1,000 in crazy. Two or 1000 hours? What the hell would I |
| 240 | 00:44:12,240 --> 00:44:19,830 | want to have to earn 1000 hours for that's insulting ICT. Why would you even asked me that? That's what some of you you're basically saying without saying |
| 241 | 00:44:19,830 --> 00:44:34,710 | those words. Because you want to double your account every month. What would you want $1,000 A year do for someone like yourself? Would it change your comfort? |
| 242 | 00:44:35,430 --> 00:44:46,170 | Would it make things a little easier? How about get yourself out of debt? Well, you don't have to work very hard to get that kind of result. It's very small |
| 243 | 00:44:46,170 --> 00:44:54,570 | little micro moves that you have to do but when you make them for the week, you have to stop. Don't place any more Olympic feats on top of you don't try to live |
| 244 | 00:44:54,570 --> 00:45:07,830 | up to everyone's expectations of hey, you know you're an ICT students you should be out there killing it like I see Freestyle, no, no one good trade a week. Do |
| 245 | 00:45:07,830 --> 00:45:19,470 | it and be done. It's about making money. It's about making money, folks. Okay? It doesn't matter how many little hearts you get behind your Twitter posts are |
| 246 | 00:45:19,470 --> 00:45:23,550 | how many fanfare you get from all these other I don't even know how Instagram works. |
| 247 | 00:45:25,020 --> 00:45:38,700 | Whatever that stuff is that would fluff a person up. Those things don't matter. Making fucking money does paying your bills does being able to eat taking care |
| 248 | 00:45:38,730 --> 00:45:52,500 | of your family, paying your mortgage off? How about getting a house without a mortgage? Paying your car note off so that way you don't make any payments. new |
| 249 | 00:45:52,500 --> 00:46:08,250 | set of duds close down doing something for someone that wouldn't expect it. Those types of things. That, that right there, that is a real motivator. But |
| 250 | 00:46:08,250 --> 00:46:19,500 | that doesn't make sense to most people they want to hear 200 are multiple trades. But you're going to learn from the secret market maker guy that used to |
| 251 | 00:46:19,500 --> 00:46:32,640 | work for XYZ bank. And here's the proof he's trading with Nana and lots tough buck. Are you serious? And that's what's going on. That's what that's the proof |
| 252 | 00:46:32,640 --> 00:46:46,230 | they're shown. And they're still in the new lots teaching. So I told myself, I was gonna do this space, don't go off the rails. Just people might enjoy, you |
| 253 | 00:46:46,230 --> 00:46:57,390 | know, be nice. I'm trying to be nice. But when you really look at all this bullshit that's out there. It's like, really, man, really, like all the things |
| 254 | 00:46:57,390 --> 00:47:07,050 | that could be done. These are the, these are the shitheads that go out here and do this stuff. And they make it about image that things that you can't pay your |
| 255 | 00:47:07,050 --> 00:47:19,140 | rent with. You can't put groceries in your refrigerator in your freezer with worshipping these clowns. That's why I don't want any of you worshiping Me. I'm |
| 256 | 00:47:19,140 --> 00:47:30,000 | just trying to be a voice of reason. Okay. I don't like team mentality. But if you're here to learn, you know, I have no problem in trying to be team captain |
| 257 | 00:47:30,000 --> 00:47:39,180 | in that regard. But I'm not trying to create codependence, I want people to think about things. So really, I want them to understand that these are the |
| 258 | 00:47:39,180 --> 00:47:46,620 | things that matter most. Don't get caught up in all the other bullshit, because that doesn't make you money. And if it ain't putting bread in your pocket, what |
| 259 | 00:47:46,620 --> 00:47:55,350 | the fuck difference does it make? Who cares? Who likes who what is better? Who gives a shit. If you want to go out there and trade bollinger bands. And it |
| 260 | 00:47:55,350 --> 00:48:07,350 | makes you money, man. Go for it. I'm glad. I'm happy for you. I want all of you making money. That's, that's why I do this. I want you all making money. I get |
| 261 | 00:48:07,350 --> 00:48:15,510 | my rocks off when I see other people coming to me studying. And they're proving they're making money. And you're seeing it all year long. People come on up here |
| 262 | 00:48:15,510 --> 00:48:23,400 | with their receipts. And here you go. Just what I'm doing. Thank you very much. That's awesome. That's awesome, man. No worship necessary. Yeah, hi, Fi boom, |
| 263 | 00:48:23,550 --> 00:48:35,940 | good. Well done next. And then we encourage everyone. That's amazing. There's no sales pitch. There's no new coupon codes. No Black Friday specials, you gotta |
| 264 | 00:48:35,940 --> 00:48:49,800 | get in and buy my subscription before this to noon, the price changes. Fuck all that. Fuck that. But that's why it's hard. Because everybody wants to find their |
| 265 | 00:48:49,800 --> 00:49:06,000 | place. And see the problem is, you're letting everybody else tell you where your fucking places never thought about like this. Young man, you gotta be on the F |
| 266 | 00:49:06,000 --> 00:49:18,270 | TMO. leaderboard, young man, you got to win the Robins cup. And if I'm guilty of that, I apologize. But I do that with people that talk shit. Because if the |
| 267 | 00:49:18,300 --> 00:49:26,820 | people can do it, they'll go in there. But they won't. Because it's audited. And their name will be up here and they can't hide. Only one account will be seen. |
| 268 | 00:49:27,990 --> 00:49:39,180 | That's why they don't do it. I would love I got several students. I have several students saying that they're going to join in 2023. Me and I can't wait. I can't |
| 269 | 00:49:39,180 --> 00:49:51,390 | wait. I will love to see that. Even if they fail. The fact that you're willing to try to do it. That to me, it's awesome. Because they got the Moxie to try it. |
| 270 | 00:49:52,350 --> 00:50:03,240 | Because it's hard. It's really hard. Because everything I've described and talked about in this Twitter space tonight It's like on steroids, you're gonna |
| 271 | 00:50:03,480 --> 00:50:12,780 | second guess every fucking thing you're doing, you're gonna be looking at every little thing you're doing. And you're a second guessed every bit of it. Because |
| 272 | 00:50:12,780 --> 00:50:22,950 | why? This is the Super Bowl. This is it, everybody's gonna see me crash, and burn or rise to glory. |
| 273 | 00:50:24,390 --> 00:50:34,830 | And we're going to be thinking, everything asked backwards. That's why I tell everybody to do it. Because in your little tiny little circle of your rented |
| 274 | 00:50:34,830 --> 00:50:36,420 | empty for servers or your |
| 275 | 00:50:42,510 --> 00:50:53,610 | market replay reports, that shit is nothing when you're going to go into a competition, and you're placing yourself in front of everybody, and real |
| 276 | 00:50:53,610 --> 00:51:01,170 | traders, and some of these people look up here. Some of these guys names repeat a show in the last few years, they keep climbing up in there. It's like the same |
| 277 | 00:51:01,290 --> 00:51:11,520 | several people you see when you see the World Series in poker. They make it to these last tables, not, not all of them make it to the last table. But these |
| 278 | 00:51:11,520 --> 00:51:19,650 | same faces keep showing up. I have a lot of respect for those individuals, even if they blow out and they fall off the leaderboard. They make it there several |
| 279 | 00:51:19,650 --> 00:51:32,970 | times a year. That's better than any Twitter bullshitter. Any Instagram horseshit artists, they're out there doing it. And you see these guys say, Oh |
| 280 | 00:51:32,970 --> 00:51:44,130 | man, look at these. Look at these returns. 200% Fuck 200% And these people aren't showing you shit. I have a lot of respect for every person that ever |
| 281 | 00:51:44,130 --> 00:51:54,810 | joined that competition, because your names up there. And you're walking it. And I have students saying they're gonna go on here and you're trying it. And I'm so |
| 282 | 00:51:54,810 --> 00:52:04,170 | proud to hear them even think about it. Do I think they're all going to do well, I'm hoping they will. Like I said, if they just show up and make them name |
| 283 | 00:52:04,200 --> 00:52:11,070 | appear on the leaderboard. That's to me, it's amazing. It's good. It's not important for him to win. If one of them wins, you know, damn, well, I'm gonna |
| 284 | 00:52:11,070 --> 00:52:19,830 | peacock like a bitch. Like I'm gonna flip out all over the place. Because I already got one guy up there. Steve Garner, he wants to start division in 2001. |
| 285 | 00:52:20,250 --> 00:52:33,810 | That's gate trader. He was one of my original students when I was in America Online. And while that percent might not be so impressive today, I think it's |
| 286 | 00:52:33,810 --> 00:52:45,000 | 21%. If I'm wrong, I apologize. I'll be ashamed of myself. But you know, that type of return in a year back then. That's respectable. Yeah, there's nothing |
| 287 | 00:52:45,000 --> 00:52:58,980 | wrong with that. But again, it gets back to who's setting the table for you? Are you letting all these people these fucking nobodies? These clowns, these |
| 288 | 00:52:58,980 --> 00:53:12,120 | miserable pieces of fucking shit, human excrement, these hateful fucking people on social media, you're letting them tell you how you are to be successful if |
| 289 | 00:53:12,120 --> 00:53:22,050 | you don't live up to their expectations of success. And you failed. These fucking people work menial jobs if they're employed at all. They're not trading |
| 290 | 00:53:22,050 --> 00:53:43,380 | profitably. But you're letting them set the table for you. Really? Why? Why does anybody's expectation about you or your trading matter? Everything about that. |
| 291 | 00:53:45,900 --> 00:53:58,560 | of my students. Have you ever seen me question any of my students say, Hey, what did you make? What do you do this week? And then critique it. I've never done |
| 292 | 00:53:58,560 --> 00:54:16,650 | that. I've never done that. And any mentor that does that is setting them up for failure. Because what you're doing is you're creating this ladder, that they're |
| 293 | 00:54:16,650 --> 00:54:26,190 | gonna feel like they got to climb higher. Next rungs got to be better. And if he doesn't happen if they don't do well, at least better than the last month. And |
| 294 | 00:54:26,190 --> 00:54:34,110 | they could still be profitable this month versus last month. But if they didn't do better than last month, how is that student going to feel about themselves? |
| 295 | 00:54:35,550 --> 00:54:44,820 | Well, on teachers not going to think I did well enough or they're not going to like my post, or they're going to think that I'm not doing enough. Or other |
| 296 | 00:54:44,820 --> 00:54:54,240 | people will say, Oh, look, you didn't do something right that month. But again, that's the problem with this industry. You're competing against yourself. See, |
| 297 | 00:54:55,110 --> 00:55:09,750 | you're allowing all this outside bullshit to influence you Now, I guess in a lot of ways, I am an influencer. But I'm trying to influence the best way I can call |
| 298 | 00:55:09,750 --> 00:55:21,360 | him bullshit when I see it. But majority time, I'm telling you how you should be thinking, and avoiding all the dumb shit. Focusing on what matters most avoiding |
| 299 | 00:55:21,360 --> 00:55:30,660 | the things that's going to be a pitfall for you. And just sticking true to the reasons why you're here, you're here to make fucking money. You know what? |
| 300 | 00:55:32,070 --> 00:55:42,750 | You can come here and have religious views about money and say, well, the root of all evil is money. No, it's not. It's the love of money, the love of money, I |
| 301 | 00:55:42,750 --> 00:55:57,270 | don't love money. I don't love money. I love doing what I do. I'm passionate, you all know that I'm still fucking talking to you. The bottom line is this, you |
| 302 | 00:55:57,270 --> 00:56:03,120 | are here because you want to make money, you want more money in your bank account than you have right now. And you had last year and any year in your |
| 303 | 00:56:03,120 --> 00:56:14,280 | life. And there's nothing wrong with that. That's not greed. That's not greed. It's fruitful. Okay, that's fruitful. When we are created, the first |
| 304 | 00:56:14,280 --> 00:56:29,640 | instructions were given, Be fruitful and multiply. That wasn't just procreation. That means bring forth fruit. And everything be fruitful. You judge a tree by |
| 305 | 00:56:29,640 --> 00:56:46,200 | what? Its fruits. So you're not here to look pretty. You're not here to be adored by other people, I'm not here to have that. I'm here, bearing fruit. And |
| 306 | 00:56:46,200 --> 00:56:54,840 | for some of you, it's bitter, it's sour. You don't like the way it tastes. Other people will say it doesn't taste good. Don't Don't eat it. And the people that |
| 307 | 00:56:54,870 --> 00:57:08,580 | have worked hard to reach out and grab it and take it. They know it's sweet. They pay their bills with it. They buy cars with it. They're getting homes with |
| 308 | 00:57:08,580 --> 00:57:20,640 | it. They quit their jobs with it, to building wealth with it. Okay, so you're not going to have anybody tell you, if you've tasted it, now, no one's going to |
| 309 | 00:57:20,670 --> 00:57:33,300 | convince you that you've wasted your time. Who's going to tell you that? Nobody, you're not going to give them time of day. So you have to do everything in this |
| 310 | 00:57:33,300 --> 00:57:46,740 | industry, with removing and pruning all these bad things that are going to suck your attention and draw your passion away from being just principle oriented, |
| 311 | 00:57:47,280 --> 00:57:55,530 | result driven. And then consistency will be the derivative of that. That's what's going to come from those things. But you can't expect it to happen right |
| 312 | 00:57:55,530 --> 00:58:04,290 | away. And that's unfortunate, but that's the truth. And I don't hide from it. I don't sugarcoat it, you have to earn it. And there's no shortcut to it, there's |
| 313 | 00:58:04,290 --> 00:58:15,540 | no get to the point ICT, the point has already been made. The process is what you have to get to get to the process. I already went through the point you get |
| 314 | 00:58:15,540 --> 00:58:30,600 | to the process and stick to it. Because the results will yield themselves to you. But if you're lazy, if you have a olympic size expectations. And you |
| 315 | 00:58:30,600 --> 00:58:43,860 | haven't been trading for several years, consistently. That's a pipe dream. That is absolute fantasy. And it's guaranteed to be disappointing. If you're holding |
| 316 | 00:58:43,860 --> 00:58:51,150 | that to I'm going to do this, I'm going to prove my friends and family wrong. I'm going to go out there and I'm going to make a million dollars. I'm going to |
| 317 | 00:58:51,150 --> 00:59:03,120 | make $300,000 My first year trading, and I'm going to do it with about an hour count. Now you're not I'm telling you as your mentor, you are not doing that. So |
| 318 | 00:59:03,810 --> 00:59:17,460 | don't even try to set yourself up for what's wrong with I'm going to try to make one to 2% a week. That's my initial goal. I'm going to build up from that. But |
| 319 | 00:59:17,460 --> 00:59:27,450 | let's just see if I can hit that. How do I do? pushing myself into a disciplinary approach to trading just that and stopping? Can you do it? Because |
| 320 | 00:59:27,450 --> 00:59:37,170 | I'm gonna tell you something. I put my private mentorship group through that several times each year. And it was surprising to see how they couldn't do it. |
| 321 | 00:59:38,340 --> 00:59:52,260 | Some of them could, but the majority of them couldn't do it. They wanted to do something else. It wasn't it wasn't engaging enough. Really. What if you have a |
| 322 | 00:59:52,260 --> 01:00:06,540 | half million dollar account and you're doing 2% A week with that? Who's not impressed by that. I mean, I have money, it's still good money to me. But you |
| 323 | 01:00:06,540 --> 01:00:22,860 | all want some things to be superhuman, like, out of the stratosphere type results, like that stuff is attainable easily. It's not. It's not for someone |
| 324 | 01:00:22,860 --> 01:00:29,070 | that's new. So why would you believe anybody that says they can do it, I don't tell you, you can do it. |
| 325 | 01:00:30,690 --> 01:00:41,700 | I couldn't do it. In my first six years, I had to flounder around blue, lots of accounts. Nobody sat down with me and told you what I'm telling you, and I wish |
| 326 | 01:00:41,700 --> 01:00:51,660 | they would have it would have been so much better for me psychologically, to just hear someone tell me, you're doing it wrong. Stop doing it that way and do |
| 327 | 01:00:51,660 --> 01:01:03,000 | it this way. Even though it doesn't feel like it's productive. And it's not sexy. It's not the fast track to riches. I would have loved I would welcome to |
| 328 | 01:01:03,000 --> 01:01:15,000 | hear that. Like, I've been very appreciative to hear that a message like this, I would have loved to hurt it. But, you know, times are different now. So social |
| 329 | 01:01:15,000 --> 01:01:29,790 | media has changed everybody's perception of reality, truth. What matters most. And if you're not doing this, to improve yourself, your family, your well being, |
| 330 | 01:01:31,740 --> 01:01:43,230 | you're doing it for the wrong reasons. Because if you're doing it for any other reasons than those three, you're doing it for reasons that's about image, which |
| 331 | 01:01:43,230 --> 01:01:53,400 | means you're going to be emotionally charged about every trade you take, which is rule number one, you can't be emotionally attached to trades. You can't have |
| 332 | 01:01:53,790 --> 01:02:03,240 | a feeling of failure, if it doesn't work for you. The trade that transaction wasn't profitable, there's nothing wrong with that. This is an unprofitable |
| 333 | 01:02:03,240 --> 01:02:12,840 | trade. It's not failure, it just means that transaction failed to yield you a profit. That's it. That's not your failure. That's not your inability to be |
| 334 | 01:02:12,840 --> 01:02:23,460 | profitable. Beyond that trade, it doesn't mean that that's what most of you are doing to yourself, you're telling yourself that this is what this means. This is |
| 335 | 01:02:23,460 --> 01:02:34,440 | the line that I see. And this means I can't be profitable. I have to have consistently winning trades. I'm not giving myself permission to have a losing |
| 336 | 01:02:34,440 --> 01:02:47,970 | trade, or a losing week or losing month. So I'm gonna ask the question again. If you lost 10% 15% drawdown in one month, do you give yourself permission to have |
| 337 | 01:02:47,970 --> 01:02:59,310 | that? Chances are, you're thinking yourself, man, I don't I don't think that's good. I don't think that's something I should be doing. No profitable trader or |
| 338 | 01:02:59,310 --> 01:03:08,790 | student of Smart Money concepts would have something like that. When I have students that have gone through my mentorship, and some of them have had months |
| 339 | 01:03:08,790 --> 01:03:22,200 | like that, and they still close a year out of 304, and percent for the year. To me, that's healthy. There's nothing wrong with that. That's not a bad thing. But |
| 340 | 01:03:22,200 --> 01:03:35,190 | some of you would look at that and say, Look, this, this this person's failing, I couldn't do that. I wouldn't I couldn't stomach that. Well, if you can't lose |
| 341 | 01:03:35,190 --> 01:03:48,180 | money, then you won't be a profitable trader, because profitable traders are professional losers, we manage risk, we manage losing, and we turn every trade |
| 342 | 01:03:48,180 --> 01:03:56,700 | that starts as a losing trade into winning trades over time. That's a consistently profitable trader. And think about it, because it's the truth. You |
| 343 | 01:03:56,700 --> 01:04:05,520 | got to get past the spread. And the commission costs before you do anything, before that market moves in your favor, you got to come over those costs first. |
| 344 | 01:04:06,900 --> 01:04:18,630 | So everybody opens a trade up in a losing position immediately. How you close that trade, defines your ability to be profitable or not, for that one |
| 345 | 01:04:18,630 --> 01:04:29,460 | transaction, but that one transaction profitable, or not profitable does not make or break your career. But your perception as a new student or someone |
| 346 | 01:04:29,460 --> 01:04:45,330 | that's becoming, you know, I guess interest in market you're just now dabbling in. You think that that is the beginning of the end. Well, that's true. If you |
| 347 | 01:04:45,330 --> 01:04:54,540 | lose your mind. You go bonkers and you start overtrading feeling you gotta get it back right away. Oh, I'm gonna lose my fund account. I gotta get this back |
| 348 | 01:04:54,540 --> 01:05:06,570 | right away. Why? Who says you have to get it back right now? Who said If you did, why, because social media has influence over you some joker on the |
| 349 | 01:05:06,570 --> 01:05:14,970 | internet, who probably has never proven themselves profitable, being able to call market for it happens, trade it, execute it, manage it, none of it. They |
| 350 | 01:05:14,970 --> 01:05:28,350 | sit around, they talk crap all the time and bring nothing to the table of usefulness. You've allowed them to set the mindset for you. Why are you so |
| 351 | 01:05:28,350 --> 01:05:29,790 | easily influenced by these people? |
| 352 | 01:05:31,080 --> 01:05:43,830 | Why are you letting other people give you these problematic viewpoints? Stop that. Remove all that stuff. There's nothing wrong with having a mind. That's |
| 353 | 01:05:43,860 --> 01:05:52,920 | hive and like, okay, Hive like mindset when you're around successful people, they're doing successful things and are trying to do things with a process |
| 354 | 01:05:53,040 --> 01:06:10,260 | that's similar. That's not a cult. That's a hive mentality. And hive mentality is what you see ultra successful people join. Think about back in the 80s. And |
| 355 | 01:06:10,260 --> 01:06:21,330 | there was these clubs, these social clubs, you know, Club Med, okay. I'm joining this club and you had to be accepted into it. That was a social status. Okay? |
| 356 | 01:06:21,690 --> 01:06:30,990 | Well, successful people only want successful people around them. They don't tolerate poorly lived lives around them because they're going to be a drain. |
| 357 | 01:06:31,980 --> 01:06:41,100 | Now, that's not something that sounds like arrogance. It's not arrogance, okay. Success breeds success. And I've said this before in some of my other lectures, |
| 358 | 01:06:41,610 --> 01:06:52,140 | the best thing in my life was when I cut deadweight at a my friendships, and got rid of toxic relationships. But you want to hold on to these abusive |
| 359 | 01:06:52,140 --> 01:07:01,350 | relationships, because you feel like, I'll be a terrible person. If I cut this relationship off, if I stopped hanging with these people, if I stopped going out |
| 360 | 01:07:01,380 --> 01:07:09,780 | on the weekends and wasting my fucking money, that I've worked my ass off for, to buy drinks that are overpriced to be around people, I can't fucking stand. |
| 361 | 01:07:11,640 --> 01:07:15,660 | Dress up, spend money on clothes to impress people you don't even fucking like |
| 362 | 01:07:21,900 --> 01:07:33,090 | these these mentalities that people subscribed to, that's the wrong way of doing it. You got to cut that dead shit out of your life. And that same approach, you |
| 363 | 01:07:33,090 --> 01:07:46,350 | need to do that with your trades. If you have Deadwood in your trade, cut it out, get rid of it. You want something that's going to float, you want something |
| 364 | 01:07:46,350 --> 01:07:59,340 | that's going to sail on its own, take off and have no problem. But if you got to toe the weight of a market that's not trying to move, and you want to see your |
| 365 | 01:07:59,340 --> 01:08:09,720 | will come to fruition, you want to see your pride and ego gets stoked, because you held on to something that you knew in your heart of hearts that that thing |
| 366 | 01:08:09,720 --> 01:08:16,860 | was wrong, it wasn't moving anywhere. But just because you held on to it. It just happened to have a static little move in your favor. And it ran up and hit |
| 367 | 01:08:16,860 --> 01:08:27,750 | your little short term, five handles six handle move. And you're gonna champion that like it's something great. It's not you broke every rule. You put yourself |
| 368 | 01:08:27,750 --> 01:08:39,690 | through an abusive relationship, that trade was abusive, you coddled that you held on to it. You enabled it, to do those things to you. You allowed it to |
| 369 | 01:08:39,690 --> 01:08:51,570 | abuse you mentally and psychologically, and you risked monetary loss, because you didn't want to cut it out of your career. As a trader. It's a failed |
| 370 | 01:08:51,570 --> 01:09:00,570 | relationship. There's nothing wrong with it when you identify it early. It's nothing wrong with cutting that out. You want to be around success. Success |
| 371 | 01:09:00,570 --> 01:09:15,390 | breeds success. It's not privilege. It's mindset. And if you have a defeated mindset, and you have bombs, busters, jokers, clowns hanging around you moochin |
| 372 | 01:09:15,690 --> 01:09:23,700 | A man got any cigarettes Got a cigarette? Me? I don't smoke. But that's one of the ugliest things I've ever seen. You're broke. You can't afford it. And you're |
| 373 | 01:09:23,700 --> 01:09:32,130 | asking somebody else for another cigarette. Hey, man, on those short this week, you got me like me? I want to I want to go out and get some drinks. You got me? |
| 374 | 01:09:32,850 --> 01:09:43,740 | No, I'm talking about you stayed at home. And I spent my money on you. Okay, if you can't afford it, they don't go out. These people are draining you. They're |
| 375 | 01:09:43,740 --> 01:09:52,650 | draining your energy. They're draining your wallets. And what are they bringing to you? You might feel like oh yeah, I'm helping them out. Fuck them. They're |
| 376 | 01:09:52,650 --> 01:10:05,850 | losers. They're losers. There's there's they're creating a stagnant and environment for you. Any energy you direct towards them, enabling them to be a |
| 377 | 01:10:05,850 --> 01:10:15,900 | drain on everyone, you included. You're stealing that opportunity for you to give yourself an increase that will benefit you, your family and your circle. |
| 378 | 01:10:17,730 --> 01:10:28,740 | That's not greed. That's not selfishness. That's success. Okay? That's how you stay afloat. You don't let dead weight drag you down and drown you. And I did |
| 379 | 01:10:28,740 --> 01:10:40,800 | that with my personal relationships with my friends that I went to high school with, I'm telling you. I got one out of all of them. And I went to school with |
| 380 | 01:10:40,800 --> 01:10:53,520 | him since preschool, preschool. So long ago, the school has even stand on the ground anymore. It burned down and never rebuilt it. And honestly, he doesn't do |
| 381 | 01:10:53,520 --> 01:11:07,110 | well with money. He doesn't listen to me. But I love him like a brother. He's like, he's my oldest friend. And in bumps, the bottom line is is you are making |
| 382 | 01:11:07,110 --> 01:11:20,790 | decisions in these markets, that are going to be manifesting the very way you conduct your personal life. And if your personal life is a fucking mess, why are |
| 383 | 01:11:20,790 --> 01:11:36,270 | you surprised that your trades are the same way? That hurts, doesn't it? It's meant to. Because that was the personal realization I had when I was going |
| 384 | 01:11:36,270 --> 01:11:47,040 | through the development stage. And I'm looking around, I'm like, Why the hell is this happening to me, like, I can make money. And all of a sudden, you know, I |
| 385 | 01:11:47,040 --> 01:11:54,600 | feel like I got a case of as I gotta prove something that somebody who's looking at me, I'm not sharing my statements to anyone. Nobody was aware of what I was |
| 386 | 01:11:54,600 --> 01:12:07,650 | doing initially. I didn't want to show anybody because I was afraid I would jinx it. People don't probably know that today's young guys, Jinx. person, I guess |
| 387 | 01:12:07,650 --> 01:12:20,730 | it's something we used to say. But the point is I would manifest these things that I would do in my relationships, my friendships, I would enable toxic |
| 388 | 01:12:20,730 --> 01:12:23,970 | behavior in my friends and relationships with women. |
| 389 | 01:12:25,710 --> 01:12:33,450 | I had a warning sign sign that's shining me right in the face, like a big red flashing light saying, hey, look, there's a problem with this lady that you're |
| 390 | 01:12:33,450 --> 01:12:44,340 | dating. This guy is a bum. He's not really your friend. He's just wanting to mooch off of you. But I didn't want to be a jerk. I didn't want to be rude. I |
| 391 | 01:12:44,340 --> 01:12:45,810 | didn't want to seem |
| 392 | 01:12:47,070 --> 01:13:00,360 | well. Ignorant. Well, in trading, you got to be rude. You got to be ruthless. You got to be ignorant. With trades that don't fucking work. Get rid of them. |
| 393 | 01:13:01,440 --> 01:13:09,060 | Who gives a shit? Close it. So what the broker made more money than you did in that transaction, who gives a shit, you're not letting your stop loss get hit, |
| 394 | 01:13:09,060 --> 01:13:16,800 | and you're not wasting fucking time worrying about something that's probably not going to pan out. And then when it doesn't pan out, you aren't going to regret |
| 395 | 01:13:17,130 --> 01:13:26,250 | doing all that shit to yourself. If you're in a toxic relationship, if you ever had a toxic relationship, and then tweet to me, say, I know exactly what the |
| 396 | 01:13:26,250 --> 01:13:33,540 | hell you're talking about. And it makes perfect sense. That's exactly what you're doing to yourself. If you get into a trade and you know, in your heart of |
| 397 | 01:13:33,540 --> 01:13:42,120 | hearts that this son of a bitch is not going to move. It ain't gonna move. But you want to hold on to it anyway, because you want to be a nice person. Fuck |
| 398 | 01:13:42,120 --> 01:13:53,700 | that, these markets will rip your heart out. It will take everything. It'll take your ego, your pride, your money. And if you let it your sanity, the money is |
| 399 | 01:13:53,700 --> 01:14:05,880 | the least of your concern. I've known people that are not here anymore, because they lost money. Some of them lots of money. And some of them ended themselves |
| 400 | 01:14:05,880 --> 01:14:15,330 | for very insignificant amounts of money. It's just It's mind boggling that they just couldn't they couldn't tolerate it. And they ask themselves. Can you |
| 401 | 01:14:15,330 --> 01:14:29,880 | imagine? Can you imagine getting to the point where you lose less than $50,000? Less than 50,000. And that's it. You can't hear you can you got to check out |
| 402 | 01:14:34,140 --> 01:14:46,920 | that's horrible. But that's what this will do to people unless you get control. You have to you have to have control of your decision making processes. You have |
| 403 | 01:14:46,920 --> 01:14:56,910 | to have a rule based idea and you got to cut the bullshit out. Remove it. If it isn't making you money, get the fuck out of here. If it's not helping you keep |
| 404 | 01:14:56,910 --> 01:15:06,420 | your money. Get the fuck out of here. combatant ladies, what are you looking for in a man? You want to breadwinner. And there's nothing wrong with that. There's |
| 405 | 01:15:06,420 --> 01:15:17,580 | nothing wrong with that. But you want stability. Nothing wrong with that either. You want someone that's going to be monogamous. They're going to stay with you. |
| 406 | 01:15:18,210 --> 01:15:28,170 | And they appreciate that you do have flaws, but they want to, you know, contribute to the relationship and be thankful for what you bring to it. Guys |
| 407 | 01:15:28,170 --> 01:15:35,610 | the same, like, what do you want? You want a woman that's going to what? treat you like a king? Right? Of course, ladies, you want to be treated like a queen? |
| 408 | 01:15:35,700 --> 01:15:48,810 | It's expected. Men want to be appreciated. They want to be told you didn't have to do this, but I'm so thankful that you did. Okay, that's a simple recipe for |
| 409 | 01:15:48,810 --> 01:15:57,300 | happiness. Both of you monogamous. Both you've given each other. You the encouragement to this is what I like in my relationship. This is what I don't |
| 410 | 01:15:57,300 --> 01:16:06,810 | like in my relationship. And being fair and honest. Man, add, add sexual attraction to it. Good grief. That's marriage material there? Well, you have to |
| 411 | 01:16:06,810 --> 01:16:17,820 | have that same process in your trades. Is the trade giving you those good vibes? Is it something that you want to hold on to? Or is it giving you warning signs? |
| 412 | 01:16:18,510 --> 01:16:30,180 | You got divorce it quick. Because you do not want to go to court and divorce with a stop loss over and over again, with bad trades, okay, it's, it's not good |
| 413 | 01:16:30,180 --> 01:16:43,830 | for you. It's not good at all. But that same broken perspective on relationships manifests itself in trading. And you're probably saying, How the hell did you |
| 414 | 01:16:43,830 --> 01:16:51,480 | get on this topic, and this is a good one. Well, it's because I mentor, and I have people that are going through divorces, I have people that are going |
| 415 | 01:16:51,480 --> 01:17:03,420 | through breakups. And I'm having people that can't find themselves in relationships, despite them being in my opinion, I can say this on both sides of |
| 416 | 01:17:03,420 --> 01:17:13,890 | the male and female, I can appreciate a good looking guy. And I can appreciate a good looking woman. And some of these folks that I have students, they literally |
| 417 | 01:17:13,920 --> 01:17:22,080 | have nothing wrong with them. Physically, they look by all new standards, they are attractive. They're successful people, they're doing well in their careers, |
| 418 | 01:17:22,080 --> 01:17:32,940 | and they're doing well in trading. But they're being plagued by not being balanced by having a significant other. And then because of that loneliness, |
| 419 | 01:17:33,240 --> 01:17:42,240 | they go into the marketplace and they push the button to do what to feel good. They're allowing their personal life to manifest itself in trading, you cannot |
| 420 | 01:17:42,240 --> 01:17:52,410 | look for a feel good experience in trading. If you treat it like a massage parlor and looking for a happy ending, don't be surprised if you end up with |
| 421 | 01:17:52,410 --> 01:17:52,950 | STD. |
| 422 | 01:17:54,300 --> 01:18:06,840 | It's it's as simple as that. You can't do those types of things. These markets will literally take you out. They'll make you second guess everything. Remove |
| 423 | 01:18:06,840 --> 01:18:17,010 | all sound logic, and you'll lose control. Like a drunken, promiscuous affair on the weekend that your spouse doesn't know about, you'll be in there doing stuff |
| 424 | 01:18:17,040 --> 01:18:31,020 | you shouldn't be doing. To wind light. Why live your life like that? To allow manifestations of those types of things in your trading? Folks, this is your |
| 425 | 01:18:31,020 --> 01:18:43,020 | business. This isn't a game. This isn't a hobby. If it is you're doing it fucking wrong. You're doing it wrong. Unless this is your business. And you're |
| 426 | 01:18:43,020 --> 01:18:57,570 | minding your fucking business. You're gonna fail because you are competing against yourself. And if you haven't removed all the toxic things in your life, |
| 427 | 01:18:57,870 --> 01:19:15,360 | and found coping skills to allow yourself to be fruitful, balanced, productive, disciplined. Do this Don't do that. If you can't do those things in your |
| 428 | 01:19:15,360 --> 01:19:29,760 | personal life, you sure as hell aren't going to do it in trading. who's managing you? Who's your boss? Who's gonna reprimand you for losing money? Guys, you now |
| 429 | 01:19:29,760 --> 01:19:41,010 | you hide that money from your wife? She doesn't know you're losing that much. And ladies, you're smart enough to know not even bringing up Yes, I know all |
| 430 | 01:19:41,010 --> 01:19:57,270 | that stuff. So you have to it takes a lot to do this business. And unfortunately, there isn't a lot said about this and I wish that there were |
| 431 | 01:19:57,300 --> 01:20:09,150 | books written about it because those are the books I would promote non technical buy and sell here. You risk management books, fuck all that. Okay? The things I |
| 432 | 01:20:09,150 --> 01:20:19,620 | talked about tonight, that's where the rubber meets the road. That's the that's the brass tacks of it all. Because 90% of this game is psychological war with |
| 433 | 01:20:19,620 --> 01:20:29,220 | yourself. But we lie to ourselves and say, Oh, I'm competing against the smartest people in the world. No, you're not. None of those motherfuckers told |
| 434 | 01:20:29,220 --> 01:20:39,990 | you to press that button. None of them told you to do the leverage that you used, and nobody told you not to use a fucking stop loss. You did it on your |
| 435 | 01:20:39,990 --> 01:20:53,580 | own. Congratulations, well done. But you have to live with yourself. You have to wake up in your own skin tomorrow, and the next day, and live with yourself. Now |
| 436 | 01:20:53,610 --> 01:21:05,400 | the question is, in closing is are you doing things that we talked about tonight? Are you allowing your personal life to be loose like that? You're |
| 437 | 01:21:05,400 --> 01:21:23,790 | allowing other people to just weigh you down. And they set the tone for your success or lack thereof? Is their opinion of your decisions? Making your future |
| 438 | 01:21:23,790 --> 01:21:40,110 | decisions for you? This is not a team sport. It does not matter who likes what you've done. Who thinks that you didn't do enough of it? Everybody, if you give |
| 439 | 01:21:40,110 --> 01:21:53,160 | them a chance, everybody will have an opinion about your results? Why does it fucking matter? You're never I'm telling you right now. Even my biggest trades. |
| 440 | 01:21:55,050 --> 01:22:11,610 | If I sat down with myself, I can beat them up. To Why would I invite it to anybody else? None of your opinions about my results mattered to me. And that's |
| 441 | 01:22:11,610 --> 01:22:24,090 | the mindset you should have. A What is your average? Fuck you don't ask me to design your fucking business? How does that work for you? Mind your fucking |
| 442 | 01:22:24,090 --> 01:22:32,160 | business. How about you talk about what you've done? Well, you know, I was just curious, fuck you don't ask me. You want to talk shit about somebody. That's why |
| 443 | 01:22:32,160 --> 01:22:42,570 | you're asking. Don't even invite that stuff. Don't invite it in your personal life. And don't invite it in your trading. And you won't have that problem, that |
| 444 | 01:22:42,570 --> 01:22:52,470 | social media equity curve that you're trying to maintain. I'm telling you, if you just simply look around and look at all these guys out here, trying to prove |
| 445 | 01:22:52,470 --> 01:22:53,430 | themselves. |
| 446 | 01:22:56,250 --> 01:23:05,580 | They put so much pressure on themselves. And they would probably be doing 10 times better. If they weren't doing. I'll give you an example. And then I |
| 447 | 01:23:05,580 --> 01:23:22,950 | promise I'll close. Maybe that guy corbs I love He's so charming. I really hope he finds the success he's aiming for. If you look at what he's been showing, |
| 448 | 01:23:23,430 --> 01:23:32,910 | obviously, you know, his results are improved with him not doing a live streaming. He's promising he's going to come back to life training. And I'm only |
| 449 | 01:23:32,910 --> 01:23:41,010 | curious and I'm not wishing anything bad on him. So Aaron, if you're listening, just know that what I'm saying I'm saying this with love and respect. But I'm |
| 450 | 01:23:41,010 --> 01:23:51,750 | curious to see if his good results go back to the lackluster ones when he's in front of everybody again. Because that's what I've been talking about tonight. |
| 451 | 01:23:53,040 --> 01:24:06,240 | That who's my audience? I'm talking to corbs tonight. That's who I'm talking to? You think I'm talking to you? Maybe I am. But that type of social media equity |
| 452 | 01:24:06,240 --> 01:24:15,930 | curve here that the outward opinions of others? And what will they think of me if I do this wrong? And what will they think of me if I don't treat it this way? |
| 453 | 01:24:16,140 --> 01:24:25,200 | And what if I do this? And if I use this entry strategy, they're gonna question Why did that? If you're doing all that? Are you really focusing on your trade? |
| 454 | 01:24:26,730 --> 01:24:45,540 | Think about that for a second. Now, you have now increased the difficulty level to next to impossible. That's very, very hard to do. And I'm not ashamed to tell |
| 455 | 01:24:45,540 --> 01:24:57,150 | you, I'm not that good to be able to sit out there in front of the world and let people question and ask and suggest and do other things. Okay, while I'm making |
| 456 | 01:24:57,150 --> 01:25:09,210 | decisions, but it's already hard for me to focus It's hard for me to focus. And there's no shame in that. But if I'm able to sit down and shut the world off, |
| 457 | 01:25:09,750 --> 01:25:21,750 | and put myself in front of an account, no one's coming close to mine. But I do have kryptonite. Kryptonite is my attention span I'm easily I am a dog that |
| 458 | 01:25:21,750 --> 01:25:32,340 | chases cars, folks and just look at how I operate on Twitter. African male, I'm gonna fucking hammer you. Okay. But I do have a weakness. And I've already shown |
| 459 | 01:25:32,340 --> 01:25:44,790 | that I've said it, I can't I physically cannot do in my first mentorship seen that. Right? I went in with good intention, but I can't stay focused. And I want |
| 460 | 01:25:44,790 --> 01:25:55,890 | everyone to feel like they got the best engagement with me. And it's impossible, you know, 1000s of people, you know, everybody wants an email response from me, |
| 461 | 01:25:55,920 --> 01:26:08,310 | everybody wants to get a response on Twitter. I can't be everywhere at one time. So I'm practical with myself. As much as I don't like that. I would love to be |
| 462 | 01:26:08,310 --> 01:26:16,740 | able to do all those things for one, but I can't. So I try to be as upfront and practical as I possibly can in my delivery. And the way I deal with all of you. |
| 463 | 01:26:17,490 --> 01:26:26,400 | I am honest about where my limitations are. And I have no bones about saying this is where my weaknesses, my weakness in my trading is always my exits, I'm |
| 464 | 01:26:26,400 --> 01:26:38,490 | never satisfied with them. That make me poor as a trader. No, it means honest, it means that I do have weaknesses, I just don't know how to make them better |
| 465 | 01:26:38,490 --> 01:26:50,790 | than they are. And when you have frailties, you have to embrace them. Don't try to hide from them. Because the fact that you're trying to hide from them, it's |
| 466 | 01:26:50,790 --> 01:26:59,070 | the same thing that causes everyone to have drawdown blown accounts, because you're trying to do what you're trying to avoid that losing trade. That one |
| 467 | 01:26:59,070 --> 01:27:08,520 | singular event where it's now taking something from you, you're trying to avoid that, in the fact you're trying to avoid that singular transaction turns into a |
| 468 | 01:27:08,520 --> 01:27:20,760 | series and chain of them than your accounts blown. Because you've ramped up your motional and psychological impact, you've done that to yourself that singular |
| 469 | 01:27:20,760 --> 01:27:33,330 | trade, that was a losing trade, you made it now more significant. That trade cheated on you. That trade went outside of the relationships and the boundaries |
| 470 | 01:27:33,330 --> 01:27:45,000 | you set for it. And now you feel betrayed. So what do you want to do? You want revenge, you want to go find that motherfucker that cheated on you. And you go |
| 471 | 01:27:45,000 --> 01:27:52,680 | out there and you go in their marketplace looking for him. And you don't find them, you find somebody else. |
| 472 | 01:27:54,330 --> 01:28:03,660 | And they take again from you. And they take again and again and again. And you're hurt more each time. And it revs up that emotional and psychological |
| 473 | 01:28:03,870 --> 01:28:11,190 | impact. And you want it to go away. You want to feel a victory, you want to feel like you've done the right thing. Because if you win, you've done the right |
| 474 | 01:28:11,190 --> 01:28:17,790 | thing in your mind that you're just going to tell yourself if you get the money back. You've done the right thing and you didn't learn anything from that. When |
| 475 | 01:28:17,790 --> 01:28:28,440 | you should have said stop and this hurt me. I'm going to take a step back and heal. I'm not going to be in a rush to get into a new relationship, a new trade |
| 476 | 01:28:33,000 --> 01:28:36,240 | but it's uncomfortable waiting around for Mr. Right or miss right. |
| 477 | 01:28:41,250 --> 01:28:58,470 | My sister, she just got married couple years ago. I love her to death. Different Fathers say mom, she before she met the guy she's with now. She would be such a |
| 478 | 01:28:58,470 --> 01:29:13,170 | drain. Like me, I can't even put it in words where it sounds reasonable. Because I don't want to sound rude because i She's my sister. I love her. But she would |
| 479 | 01:29:13,170 --> 01:29:25,530 | say Oh, God hates me. God doesn't want me to be with anybody. And I'm like, listen, girl. You're not even looking for people. You're always working. And you |
| 480 | 01:29:25,530 --> 01:29:33,750 | then you stay in the house. You don't even make yourself friendly or available to anybody like you don't go out. You don't meet anyone. So how could you |
| 481 | 01:29:33,750 --> 01:29:41,820 | possibly meet anyone? You work around the same five people and they're all women. So why are you complaining? Like you got to make yourself friendly and |
| 482 | 01:29:41,820 --> 01:29:52,500 | then you can find friends? Well, she's a pray for me. So I said, Yeah, I'll pray for you. But you got to do something. You know, you have to make an effort. You |
| 483 | 01:29:52,500 --> 01:30:03,390 | got to do these types of things. But she lived for years in this self defeated mindset. Like I don't deserve I have to be happy, I'm being punished, I'm always |
| 484 | 01:30:03,390 --> 01:30:13,590 | going to be lonely. I said, you're saying the very thing that's creating that you're you're creating that environment, that toxic view of everything. And |
| 485 | 01:30:14,010 --> 01:30:25,170 | that's why journaling is important. When you're trading, you want to take that feeling of that fear. In the early stages, you want to write those fears out in, |
| 486 | 01:30:25,230 --> 01:30:34,350 | in plain terms, what you're fearful of. Nobody else is going to read the journal, you shouldn't be letting anybody else read it. So that way, you can be |
| 487 | 01:30:34,350 --> 01:30:41,940 | honest with yourself, you're talking to yourself, you're being honest with yourself, you're saying, This is what I'm afraid of. Tomorrow when I trade, I'm |
| 488 | 01:30:41,940 --> 01:30:54,840 | afraid I'm going to do this. When you're in the trade, what did you find fearful? Were you vocalizing your aggression or fear, anxiety? Oh, who's gonna |
| 489 | 01:30:54,840 --> 01:31:02,490 | stop me. I mean, if I get stopped out, I'm gonna be a mess. Oh, if this goes happen, I'm not going to be will have enough money. I can't, I can't afford to |
| 490 | 01:31:02,490 --> 01:31:14,100 | do another funded account challenge or whatever it would be whoever you're fearful of. And then over time, you replace that with positive self talk. And |
| 491 | 01:31:14,100 --> 01:31:23,310 | you remove all negative. In the beginning, it's important for you to tackle where your root problems are the way you think about things. toxically. And you |
| 492 | 01:31:23,310 --> 01:31:31,410 | don't realize you're doing it until you see it in your own handwriting. And you go back months and years later and say, Wow, what a fucking train wreck. Because |
| 493 | 01:31:31,440 --> 01:31:38,790 | that's what it feels like when I read my early journals. I'm like, What the hell, I know some of you because it's hard to track somebody with bipolar, and |
| 494 | 01:31:38,790 --> 01:31:46,830 | I'm all over the place. But I promise you, every one of these conversations I'm starting, I'm coming back to Okay, I'm going off down these little rabbit |
| 495 | 01:31:46,830 --> 01:31:59,130 | trails, I'm coming back to them. I see that in my early journals. And I'm like, What the hell? Like, no wonder I wasn't doing well. Like I wasn't even staying |
| 496 | 01:31:59,130 --> 01:32:08,880 | focused on one principle or idea. Like I was trying to make different things and not giving it a chance. Well, back to my sister. I told her I said, You got to |
| 497 | 01:32:08,880 --> 01:32:21,360 | make yourself available. And all of a sudden, one of the guys that grew up in our neighborhood, young, decent young man. He started working with her. That was |
| 498 | 01:32:21,360 --> 01:32:29,340 | an answer to prayer. Nice Guy, nicest guy in a rural he knows how to break his fucking head. Have you ever tried to do anything to hurt my sister, He's a nice |
| 499 | 01:32:29,340 --> 01:32:46,350 | person you'd ever meet. But she and him started dating. And they hit it off. swimmingly? Like, it's amazing how they just clicked. And now she doesn't talk |
| 500 | 01:32:46,350 --> 01:32:56,550 | like, oh, woe is me. She's so thankful that she has him as her husband. And he loves her. Like he adores her. Because he knows fucking better. Now, I'm just |
| 501 | 01:32:56,550 --> 01:33:06,990 | kidding, I'm gonna be funny in that regard. He loves her. He really, really loves her. And that, to me is a match made in heaven. So she doesn't have that |
| 502 | 01:33:06,990 --> 01:33:17,190 | self defeated mindset. She doesn't charge herself emotionally, psychologically about relationships, because she's thankful for what she has to apply that to |
| 503 | 01:33:17,190 --> 01:33:17,760 | your trades. |
| 504 | 01:33:19,229 --> 01:33:28,679 | When you do the right thing, follow your plan, follow your process. What are you trying to do? Did you move your stop loss correctly? Did you use a stop loss? |
| 505 | 01:33:28,829 --> 01:33:37,919 | Did you take partials at logical levels? And did you stay with the trade even though you were probably a little nervous, as long as it was moving in your |
| 506 | 01:33:37,919 --> 01:33:46,139 | favor? Did you stay with it and let it deliver to your target? If you've done all those correct things, then you should feel good. You should feel good, not |
| 507 | 01:33:46,169 --> 01:33:56,189 | not arrogant, not walking around like Mick Jagger like I do all the time. But it's the positive things that you want to constantly give yourself a pat of |
| 508 | 01:33:56,249 --> 01:34:04,649 | attaboy atta girl type thing in your journal and say, I feel good that I was able to do this. And that way you're replacing what you have to go through the |
| 509 | 01:34:05,039 --> 01:34:15,809 | early stages of ugliness journaling, in the beginning, you want to get that out, find out where your toxic roots and original thought processes that start all |
| 510 | 01:34:15,809 --> 01:34:21,449 | these problems. And unless you're honest, in the beginning, you're not going to find them, you're going to pretend they don't exist. And you're only going to |
| 511 | 01:34:21,449 --> 01:34:30,029 | talk like you've got everything figured out. You don't want to fake it in the beginning. Okay, be brutally honest in your journal. That way you can grow from |
| 512 | 01:34:30,029 --> 01:34:39,419 | it and find out where these things are stemming from. It may be insecurities that are happening in your personal life, that even there you're trying to |
| 513 | 01:34:39,419 --> 01:34:46,559 | avoid, that are making problems for your personal life that are going to do what manifests themselves in your trades. You're going to be trying to do something |
| 514 | 01:34:46,559 --> 01:34:56,429 | to feel good. My sister would call me up before she got married to her husband before he met him. She would call me up for me to tell her encouragement. You're |
| 515 | 01:34:56,429 --> 01:35:07,799 | gonna do fine. You're gonna meet someone, I promise. Let's pray together. She needed that. But she was doing nothing on her part to improve her situation. So, |
| 516 | 01:35:08,459 --> 01:35:15,269 | outwardly, objectively, here I am, I can see what she's doing wrong. And I'm telling her what she needs to do, she won't listen. Much like some of my |
| 517 | 01:35:15,269 --> 01:35:21,149 | students, they don't want to listen. Like the things I'm telling you now somebody you're listening to the same What the hell's going on skies all over |
| 518 | 01:35:21,149 --> 01:35:30,599 | the place. And you completely missed the point, the plot, you've missed it. I'm telling you how to manage your personal life and how to keep that from screwing |
| 519 | 01:35:30,599 --> 01:35:40,469 | up your trading. Because your personal life will fuck up. The best signal service the best fucking guy hand holding and telling you to trade I could sit |
| 520 | 01:35:40,469 --> 01:35:47,879 | down and tell you when I'm buying do it right there in live stream, do it's still right in front of you. Some of you that have these problems will still |
| 521 | 01:35:47,879 --> 01:35:59,459 | fuck it up. My, you'll say okay, I got a funded account for 10,000 hours. I'm going full max on this, boom, I'm in there, I'm in there, I don't give a shit. |
| 522 | 01:35:59,609 --> 01:36:12,569 | I'm going all in because I need this to grow quick. If ICT is taking that trade, then it's good enough for me. Full leverage, no stop, let's go. And some of your |
| 523 | 01:36:12,569 --> 01:36:24,479 | life and not be me right now. Why? Because you need something fixed in your personal life. And you're going to take that problem, bring it to the market. So |
| 524 | 01:36:24,479 --> 01:36:37,319 | that way the market can solve it for you. It doesn't work like that. All it does is takes your problem magnifies it and then presents you with more. Yet more |
| 525 | 01:36:37,319 --> 01:36:37,859 | problems now. |
| 526 | 01:36:43,560 --> 01:36:56,760 | Never thought about trading like this heavy. But that's exactly the reality of it all. And teaching people, here's what gave me this perspective on it. I only |
| 527 | 01:36:56,760 --> 01:37:07,770 | had this limited perspective from me over the last 30 years, and thought in some instances, I thought it was just unique to me. But then when I started training |
| 528 | 01:37:07,800 --> 01:37:20,070 | other people and listening to them and having some of their repeating problems materialize, those things are not unique to me. And the things that you're |
| 529 | 01:37:20,070 --> 01:37:30,660 | experiencing are not unique to you, your human being just like I am. We have emotions, our feelings can get hurt, we can be angry, we can feel insecure, we |
| 530 | 01:37:30,660 --> 01:37:40,650 | can feel like our shit doesn't stink and walk around like we own the world. We're all prone to have those experiences and these emotions. But unfortunately, |
| 531 | 01:37:40,680 --> 01:37:55,740 | nobody's really mastered the whole psychological approach enough to write a useful book. And that's the book that needs to be written. That's the one. And I |
| 532 | 01:37:55,740 --> 01:38:07,260 | basically just gave you a chapter out of the book that I'm writing, just with these topics in mind. Because I think that these, these are the real nuts and |
| 533 | 01:38:07,260 --> 01:38:15,360 | bolts to figuring out why people can't become profitable. It's not that you can't find a profitable entry strategy, because there's millions of them out |
| 534 | 01:38:15,360 --> 01:38:26,370 | there. There's not that you can't find a strategy that doesn't find setups, because there's millions of those out there too. The problem is, is you just |
| 535 | 01:38:26,370 --> 01:38:35,670 | like it was me in the beginning of my own career. And nobody likes to hear that. And no one certainly wants to admit it. And some my students that have failed, |
| 536 | 01:38:36,270 --> 01:38:47,340 | they hate. That's what I say, oh, it's wrong. You're just a terrible teacher. Well, I'm not a perfect teacher. I don't think I'm the best teacher. But I don't |
| 537 | 01:38:47,340 --> 01:39:02,700 | lie to you. I tell you the truth. I tell you how to fix it, in my best opinion, the most heartfelt well intended instructions. That's what I tried to give. |
| 538 | 01:39:03,240 --> 01:39:14,580 | Because it would be horrible for me to pretend that everybody could walk into this and do well and not have any hardships. And I've never painted that picture |
| 539 | 01:39:14,580 --> 01:39:32,010 | for anyone. It's hard as shit. It is so hard. Only because you are a formidable adversary. Now, if you take all that toxic shit out of your personal life, the |
| 540 | 01:39:32,010 --> 01:39:42,780 | way you think about things and people or relationships and how everybody else is supposed to see you. Take all that shit and throw it out. Don't give a shit |
| 541 | 01:39:42,780 --> 01:40:01,290 | about none of that stuff. But I'm not wearing the latest threads who gives a fuck? Who cares? But I'm not driving. Who gives a shit I can't afford to go eat, |
| 542 | 01:40:01,470 --> 01:40:13,350 | who gives a shit. That's all stupid stuff. That ain't put money in your pocket. That's not putting bread in the bank. That's not helping your family that's not |
| 543 | 01:40:13,770 --> 01:40:26,730 | providing legacy wealth. That's a right now bullshit worry. If you take the energy that you place in worrying about stupid shit, and people that don't |
| 544 | 01:40:26,730 --> 01:40:36,990 | matter, and you apply it to yourself, and how you can build yourself up so that way you could be useful to yourself, and your friends and family that are worth |
| 545 | 01:40:37,050 --> 01:40:45,330 | being around. Yes, I said that, because they are family members that you shouldn't have in your, in your small circle. And when I cut those out of my |
| 546 | 01:40:45,330 --> 01:40:57,360 | life to men, happiness, happiness, be gonna tell you something. When you start making lots of money, your fucking family does not like that. They don't like |
| 547 | 01:40:57,360 --> 01:41:07,650 | that. They're gonna look at you and say, You know what? This motherfucker here. You know, I never noticed this bitch has an ego problem. Look at him. He's |
| 548 | 01:41:07,650 --> 01:41:18,030 | buying these cars. Now. I didn't drive my car to their house. I didn't say this is how much I pay for my car. They just found that I bought these cars. This |
| 549 | 01:41:18,030 --> 01:41:31,080 | motherfucker Look at him. Now these are my family. I'm a young guy I'm trying to do what makes me happy as a young man. And I have family members literally get a |
| 550 | 01:41:31,080 --> 01:41:38,670 | case of the ask because I was enjoying what I was able to do. Your friends. |
| 551 | 01:41:39,990 --> 01:41:47,490 | Don't be surprised if they don't like the fact that you're successful. And they're going to be spiteful, because they are too fucking lazy to do the same |
| 552 | 01:41:47,490 --> 01:41:57,120 | things that you're willing to give yourself a chance to work and grind through. Success is not something that falls in your lap. You got to work for it. And |
| 553 | 01:41:57,120 --> 01:42:06,570 | that means that you got to take your attention away from stupid silly shit, and stupid, silly people. And apply it to hard work. And be diligent about it and |
| 554 | 01:42:06,570 --> 01:42:17,580 | show up every day. And when you do that, results will come. And you're going to find out who your real friends and family are. Because the ones that really love |
| 555 | 01:42:17,580 --> 01:42:26,880 | you. They're going to say, You know what? If anybody was going to do it, it was going to be you. And I'm so proud. Look what you've been able to accomplish. |
| 556 | 01:42:27,000 --> 01:42:37,380 | That's amazing. Can you show me what you did? Not look at you, motherfucker. You can you think you're better than me? Hey, you know, if you go all that money, |
| 557 | 01:42:37,380 --> 01:42:53,880 | why don't you give me some? I heard more of the ladder than the first. To be honest with you. I'm gonna tell you something. Not one person. Not one family |
| 558 | 01:42:53,880 --> 01:43:08,010 | member ever. Not one family member ever said. Congratulations. You deserve it. You worked hard for this. It was not given to you. You did all the things to get |
| 559 | 01:43:08,010 --> 01:43:20,880 | to this point. Well done. I'm proud of you. Not one of my family members did that. Not one of them. And I handed out and I bought pool liners and put new |
| 560 | 01:43:20,880 --> 01:43:30,870 | roofs on their fucking house paid for their fucking vacations paid for their fucking kids clothes, and fucking shoes, pay their utility bills, put food in |
| 561 | 01:43:30,870 --> 01:43:42,870 | their fucking house. He never said anything positive. So why would you expect any of your friends and family to do the same for you? If they do wonderful, |
| 562 | 01:43:42,990 --> 01:43:56,970 | they're good humans. But don't go into this expecting everybody else to say you know what? Look at what you've done. You should be proud of yourself. I'm proud |
| 563 | 01:43:56,970 --> 01:44:06,510 | of you. Fuck that. I didn't need that. And people that are successful, they don't fucking need it. They don't need that. You may say something I wanted. And |
| 564 | 01:44:06,510 --> 01:44:13,680 | I would give anything to hear my grandparents telling me that but because I can't do that. The answer your question, the lady that was saying what's my deep |
| 565 | 01:44:13,740 --> 01:44:27,840 | rooted driven passion? I've always done things with the expectation that I could one day hear my grandfather and my grandmother tell me, I'm proud of you. Those |
| 566 | 01:44:27,840 --> 01:44:39,720 | two people were my real mother and father. And I miss them dearly. And I wish they could see who I am today. I wish they could see who |
| 567 | 01:44:44,940 --> 01:44:57,210 | well, I try to be I'm not perfect. I make a lot of mistakes. And I'm not eloquent. In the way I talk. Sometimes I use a little too much blue collar |
| 568 | 01:44:57,300 --> 01:45:04,860 | language and it's not something I sit down and script obviously This is off the cuff. Every time I'm live like this app, there's no script you there's no |
| 569 | 01:45:04,860 --> 01:45:13,350 | stuttering, there's no pausing. And that missing my lines, okay, I'm talking right from the heart. Sometimes it's going to be bitter. Sometimes it'd be funny |
| 570 | 01:45:13,350 --> 01:45:28,650 | and sweet. And sometimes it'll be good medicine. But I wish I could hear them tell me, but I can't. But everything that I do in my life, I do with that, |
| 571 | 01:45:29,250 --> 01:45:44,670 | generally, is the first thing. Now, everything in my life I try to do that would be pleasing to God. And I fail miserably a lot with that. And that's life, |
| 572 | 01:45:44,670 --> 01:45:57,990 | folks. I mean, we're all we're all messing up every day. I ask for forgiveness. And I try to do the best I can to keep pressing on. But if you take toxic things |
| 573 | 01:45:58,020 --> 01:46:11,430 | in your personal life, or hurtful things that other people do, or if they don't give you your accolades and say, hey, look, look how well you did this. Some of |
| 574 | 01:46:11,430 --> 01:46:21,150 | you might take that, like I did as a younger man, because, well, my uncle sat down with me and I was living with him pain room board. And I was building up |
| 575 | 01:46:21,150 --> 01:46:34,530 | money in my account. I was excited. And I said, look, look what I've done here with Stan. He was like, Is this real? I was like, Yeah. And I showed him broker |
| 576 | 01:46:34,530 --> 01:46:44,580 | statement after broker statement at the broker statement. He was like, how much to sit back in a sofa? And I'm waiting, like, I'm waiting, Marco. Stan is gonna |
| 577 | 01:46:44,580 --> 01:46:55,650 | tell me. Good job. No, no, no, no, that's not what this month like I said, No, that's not what he said at all. This is what he says. When we let you move in, |
| 578 | 01:46:56,160 --> 01:47:09,120 | the idea was for you to get on your feet. So you can get out and get your own place. Not sit around and get fucking rich. What? Like, that's the moment where |
| 579 | 01:47:09,120 --> 01:47:17,820 | you hear that record scratch where it's like, nice music's playing. Like, what the fuck just happened here. That was that moment. And honestly, like, I wanted |
| 580 | 01:47:17,820 --> 01:47:28,350 | to frickin cry. I'm like, what? Like, I'm waiting for the moment. You know, I'm waiting my opinion. My grandparents are gone. They're, they're passed away. And |
| 581 | 01:47:28,350 --> 01:47:36,390 | I'm looking to this man. It's like a father figure. And he's gracious enough to let me stay in his home and I'm showing him like, Look, you told me about this |
| 582 | 01:47:36,390 --> 01:47:45,300 | shit. When I was 1516 years old. I didn't want to do anything with it. Now here I am. I'm fucking making money. And you tell me that. That's the fucking shit. |
| 583 | 01:47:45,300 --> 01:47:55,380 | That's the fucking first thing that you reach for out of your fucking mind. That's the thing that you want to tell me. Oh, man, I had such a range of mixed |
| 584 | 01:47:55,380 --> 01:48:10,440 | emotions from rage to like, like, it was everywhere. And I watched him and now older as a man of 50 years old, I can tell you really what he was experiencing |
| 585 | 01:48:10,440 --> 01:48:26,100 | was envy. I saw right into his soul that night. This is the same man in 1983 made money and sugar bottoms off condominium in Goshen city and not that that's |
| 586 | 01:48:26,100 --> 01:48:34,530 | a big deal back then it was. But then he never was able to make money out of that. And he refused to learn from me. If I sat down with him, he would try to |
| 587 | 01:48:34,530 --> 01:48:41,340 | do the opposite. Whatever the hell I was that night. Monday, I said to myself, because if I tell you I'm buying soybeans tomorrow, why the fuck are you trying |
| 588 | 01:48:41,340 --> 01:48:49,350 | to short it? But I'm trying to do everything on my own. That's not on your own. You're trying to be contrarian. And I had students in my first year 2016 group |
| 589 | 01:48:49,620 --> 01:48:57,480 | that literally came in doing that shit, and then complained to me six months, eight months, a year later, I saw whatever was going on, it doesn't work. What |
| 590 | 01:48:57,480 --> 01:49:07,230 | are you doing? Well, I'm doing this and doing this. I said, Okay, well, that's everything opposite to what I'm doing. What are you thinking? Like, that's |
| 591 | 01:49:07,260 --> 01:49:18,330 | insanity. You're trying to get a different result, doing the same shit over and over again? Well, my uncle that night, says to me, you're not supposed to be |
| 592 | 01:49:18,330 --> 01:49:29,640 | getting rich here. And I'm just like, Uncle Stan. I wasn't expecting you to say that to me. Here. What the hell do you expect me to say? Like, what did you |
| 593 | 01:49:29,640 --> 01:49:30,900 | think I was going to say? I was like, |
| 594 | 01:49:32,310 --> 01:49:42,300 | good job. Like, like, Wow, can you show me how you did it? But like, that's what I'm here to do. Like I'm sitting down showing you like, you're, you're fucking |
| 595 | 01:49:42,300 --> 01:49:50,700 | around trying to be a stockbroker. And you're not making any fucking money. JW again, that's the bullshit he was doing. They were trying to push this fucking |
| 596 | 01:49:50,700 --> 01:50:00,120 | stupid istok it was a boiler room bullshit. Okay, I mean, Owens mills. He's fucking trying to do something. He's not a salesman. And I love him. But I'm Be |
| 597 | 01:50:00,120 --> 01:50:09,240 | honest because I'm like I said, I don't I don't sugarcoat shit. He literally was the worst fucking salesman in the world because he can't sell anything. He |
| 598 | 01:50:09,240 --> 01:50:18,750 | doesn't believe in anything. You got to believe in it. But you have to believe it. If you can't believe it, if it's not real to you, how the hell you gonna |
| 599 | 01:50:18,750 --> 01:50:30,660 | sell to anybody else? My life, my creations, these concepts. I'm not tired. I gotta check my battery and see if I still got from talking life here because I'm |
| 600 | 01:50:30,660 --> 01:50:38,280 | ready to still talk. Because I'm passionate, because this is my whole life. I know this shit works. And other people around the world now know it works. They |
| 601 | 01:50:38,280 --> 01:50:55,770 | believe in under bullshit. But my uncle, my fucking uncle says to me You ain't supposed to be doing what you're doing basically? How dare you? How dare you do |
| 602 | 01:50:55,770 --> 01:51:05,070 | this in my house. Like I was fucking growing fucking weed. And, you know, processing cocaine in this fucking house. Like, that's how I felt like I was |
| 603 | 01:51:05,070 --> 01:51:15,240 | doing something illegal, you know. So I said to myself, you know, this is not what I wanted to talk to you about like this, like I wanted to show you what I |
| 604 | 01:51:15,240 --> 01:51:26,610 | was doing. So that way you can do it too. And the only thing he was interested in is when I was moving out joking around and got myself an apartment moved out |
| 605 | 01:51:26,610 --> 01:51:37,740 | over to Kara Island, which was a scary feeling for me because I've never lived on my own prior to that. And it just the isolation initially was too much. And I |
| 606 | 01:51:37,740 --> 01:51:50,370 | started losing money. Because I didn't like the feeling of being by myself. Like I felt anxiety, anxious and anxiety would kick in. And there was no reason for |
| 607 | 01:51:50,370 --> 01:52:04,560 | me to be afraid of anything. Just, I was thrust into living like an adult. When I was basically a student, and a hospice nurse for my grandmother, like that, |
| 608 | 01:52:04,560 --> 01:52:18,930 | that was my whole life. So it was a weird adjustment. And I took that feeling of fearing being alone and being isolated, because I had always been around my |
| 609 | 01:52:18,930 --> 01:52:27,360 | family. But I would always isolate myself like they would all be in another room. And I wouldn't be in a different room. Because I wasn't in sports. I |
| 610 | 01:52:27,360 --> 01:52:32,970 | wasn't in all the bullshit. I didn't like them smoking, I would try to hide from the cigarette smoke. I'd be on the floor sitting down with my shirt over my |
| 611 | 01:52:32,970 --> 01:52:45,750 | nose, trying to keep myself from breathing. Secondhand smoke. That's what it was like growing up, child like ICT but we didn't come from money. I didn't come |
| 612 | 01:52:45,750 --> 01:52:59,850 | from anything silver spoon on that shit. And my uncle, same way. And he basically manifested and the jealousy and fucking rage. And it was so |
| 613 | 01:53:00,420 --> 01:53:08,010 | overwhelming for him. I don't think he understood the gravity of how he presented it to me. Like in his in his mind, he probably was thinking to |
| 614 | 01:53:08,010 --> 01:53:18,990 | himself, now it came out of his mouth. And he sat back and like he was just like, like he lost everything he owned at the casino table on one roulette spin. |
| 615 | 01:53:19,980 --> 01:53:30,180 | That's that was what it looked like. That's what it sounded like when he sighed and all the oxygen left his body in his chest heaved up and then emptied himself |
| 616 | 01:53:31,200 --> 01:53:40,530 | by mercy and looking to the right. Like this motherfuckers in my house doing this, and I can't do it. I wasn't successful. That's how I know what it was now. |
| 617 | 01:53:41,160 --> 01:53:49,320 | Because we talked later on. Years later he told me he was when you told me that and showed me those burgers statements. I was jealous. Like why couldn't I do |
| 618 | 01:53:49,320 --> 01:54:08,790 | that? I did that younger I introduced you to it. Why? Here at aliens must be meaning I'm in Dundalk again. I had to take the knife and twist it once more |
| 619 | 01:54:09,780 --> 01:54:19,200 | number loving number love. But here he is. He's He's shitting on my parade here. Okay. And I'm, I'm feeling generous. Like I'm going to try to teach him how to |
| 620 | 01:54:19,200 --> 01:54:30,960 | do this stuff. No, no, no, he has any parts of that. He wants to tell me that this is absolutely the worst thing I could have ever done. And that weighed on |
| 621 | 01:54:30,960 --> 01:54:34,020 | me. Psychologically when I moved out three weeks later |
| 622 | 01:54:36,600 --> 01:54:50,460 | in my apartment by myself waiting for the rest of my furniture. I only had one couch. Now what knew the couch was a loveseat I'm thinking to myself, man. Like |
| 623 | 01:54:50,460 --> 01:55:00,660 | I felt like I was kicked out of my parents house because they caught me doing something illegal in their home and they disowned me and because I felt that |
| 624 | 01:55:00,660 --> 01:55:11,730 | way. I went into the marketplace and started doing what everything I've talked about tonight. I wanted that feeling of isolation, loneliness, anxiety to go |
| 625 | 01:55:11,730 --> 01:55:20,460 | away and be replaced with what? That spirit of invincibility like, Fuck you, motherfucker, who the fuck do I need, I don't need you. That's what I wanted. |
| 626 | 01:55:21,090 --> 01:55:29,850 | But because I was doing it with the inspiration of trying to escape a bad feeling, not taking a sound logical trade. That's not what I was doing. That |
| 627 | 01:55:29,850 --> 01:55:40,140 | wasn't even in the equation. It was, I'm just gonna go in here and push this button, do 10 contracts of checkerboard traded wheat, and we'll see what |
| 628 | 01:55:40,140 --> 01:55:50,880 | happens. Well, we saw what happened. We lost a lot of money. Okay, so we lost. And I felt worse. And they would do more the same things I talked about and |
| 629 | 01:55:50,880 --> 01:56:01,050 | described tonight. I needed that feeling to go away. So I would trade bigger. And this time, no stop loss. Because I need to be right in I'm not going to have |
| 630 | 01:56:01,110 --> 01:56:10,440 | anything tell me I'm not right. Because I'm so confident I'm right, I'm not even gonna use a stop loss. Because therefore, if I was even thinking, less than |
| 631 | 01:56:10,440 --> 01:56:22,950 | 100%, that I'm gonna be correct, then I would need to stop. But because I know, I'm going to beat the share this market, I'm not gonna use stop loss. Because |
| 632 | 01:56:23,160 --> 01:56:32,310 | then I know, I'm a barbarian, I went out there and I conquered. And then I can basically dismiss this negative feeling I'm putting myself through. Instead of |
| 633 | 01:56:32,310 --> 01:56:43,470 | just saying, You know what? My head's not right. Close the charts. Let me go get out of the house and do something other than this. That's how you fix it. But I |
| 634 | 01:56:43,470 --> 01:56:50,850 | didn't do that I stayed in isolation. I didn't let anybody come over and visit, I didn't want anybody to come over and visit because I was afraid they would |
| 635 | 01:56:50,850 --> 01:57:05,910 | read me and see what I've done to my account. Sound familiar? Yeah. These are those things that real mentors, real traders that live this shit, they're never |
| 636 | 01:57:05,910 --> 01:57:13,680 | going to talk about it. Because they're gonna be afraid you're gonna look down on them. They're gonna lose their superhero and superhuman superhero |
| 637 | 01:57:14,010 --> 01:57:25,770 | characteristics that you think that they deserve. They don't, I don't deserve it. I'm a human being. I'm not AI. I have done some stupid shit. Coming up as a |
| 638 | 01:57:25,770 --> 01:57:36,600 | trader. And you're doing the same silly shit. Everybody does it. Unfortunately, most people don't learn to stop it, and replace it with the correct things. |
| 639 | 01:57:38,070 --> 01:57:46,830 | Sometimes they don't even realize what they're doing is the root cause? Because they are learning from people that are not genuine. They've never found success. |
| 640 | 01:57:47,100 --> 01:57:58,470 | So how can you be successful? If you're learning from somebody that's not successful? It's you can't, it cannot be trained how to succeed in something. If |
| 641 | 01:57:58,470 --> 01:58:10,320 | the person you're learning from doesn't understand or have the ability to be proficient in identifying what success is, how's it obtainable? What do you have |
| 642 | 01:58:10,320 --> 01:58:24,900 | to do? And what do you have to make sure you don't do refrain from this, do this. You have to have somebody that knows what they're doing. And I would love |
| 643 | 01:58:25,590 --> 01:58:34,620 | to sit down and listen to anybody in any field that has put themselves through the level of pain and suffering that I've done myself in trading, because that's |
| 644 | 01:58:34,620 --> 01:58:43,320 | somebody that knows what's going on. They know all the angles of how you're going to wreck yourself. They know how to deal with it, they know it's normal. |
| 645 | 01:58:44,610 --> 01:58:54,390 | And they know there's a way through it. So if you felt any of those things, and maybe you've wrecked yourself in recent weeks, or maybe even last week, blow |
| 646 | 01:58:54,390 --> 01:59:06,030 | your account last year found that account, whatever. Last week would have been a good week for a lot of volatility, a lot of big news. That's what to design do |
| 647 | 01:59:06,750 --> 01:59:20,340 | blow your account. They know you're gonna get crazy and chase these big price swings. And they hand it to you. Your ass, that's what they're handed. But you |
| 648 | 01:59:20,340 --> 01:59:32,520 | can't do these things and expect to be long term and successful. You won't be around long enough. And hopefully, you know when I have these discussions with |
| 649 | 01:59:32,520 --> 01:59:36,660 | you and I try to talk about things that I've endured and how I've overcome it. |
| 650 | 01:59:38,490 --> 01:59:47,460 | Maybe they're useful to you. Hopefully they're useful to you. Hopefully they've at the very least been entertaining to you. Because I can tell you looking back |
| 651 | 01:59:47,460 --> 01:59:57,210 | now is uncomfortable it is to know what it felt like going through it. Sometimes it is a little funny to think about what I put myself through. I made those |
| 652 | 01:59:57,210 --> 02:00:07,170 | choices. No one forced them on Me, I did to myself. But I could tell you at the time, if you would have had me explain, like, held me by my lapels and say, Hey, |
| 653 | 02:00:08,910 --> 02:00:18,990 | who's doing this to you, I could give you a laundry list of things and outward stimuli that would have been blamed for it. But it was me. I did it every single |
| 654 | 02:00:18,990 --> 02:00:28,290 | time to myself, it was a matter of me trying to feel better about something that I was feeling. You know, whether it be, you know, a failed relationship. |
| 655 | 02:00:30,120 --> 02:00:40,500 | Loneliness, insignificance was a big one, it's always that insignificant has been a real big one of my life because of family members I've lost before I |
| 656 | 02:00:40,500 --> 02:00:47,850 | could become an adult like I was, they knew I was going to school, they knew I was going to be a computer science major, they knew I had aspirations to be |
| 657 | 02:00:47,850 --> 02:00:55,860 | computer science major, specializing in information systems, and I wanted to be a systems analyst. That was my intended goal. That was what I want to do. from |
| 658 | 02:00:55,860 --> 02:01:09,900 | sixth grade, I knew exactly what I wanted to do. And neither of them live long enough to watch me achieve it. And I never got the job. Just by having a good |
| 659 | 02:01:09,900 --> 02:01:21,090 | grade point average and the ability to do it. I guess, you know, Lord said, No, this is what I was supposed to be doing. And I'm thankful. And I thought about |
| 660 | 02:01:21,090 --> 02:01:32,910 | this today. You know, what the hell would I be doing? Like, what would I be doing? I'm 50 years old. Like, I know, I wouldn't be going to work like getting |
| 661 | 02:01:32,910 --> 02:01:44,130 | in a car driving in through rush hour to fuck that. In no way I'd be doing that. No way. No way. I'd have a business on my own. I like to believe like, as |
| 662 | 02:01:44,130 --> 02:01:51,540 | tweeted earlier, it would be a martial art school. And I probably wouldn't be making much money. But you know what, man, I'd be happy to pick and ship. |
| 663 | 02:01:52,320 --> 02:02:00,930 | Because it's something I'm passionate about. I love it. And that's what you want to do. You want to turn this into passion. You want to love what you're doing |
| 664 | 02:02:00,960 --> 02:02:09,510 | not, I hate this shit. It makes me feel insignificant. And I can't be successful on it. And I keep putting myself through the wringer. And I'm doing all these |
| 665 | 02:02:09,510 --> 02:02:19,620 | terrible things to myself. And I feel like a miserable failure. Welcome to the club. That's how everybody starts. That's how everybody comes into this |
| 666 | 02:02:19,620 --> 02:02:29,730 | industry. Nobody comes in, hits the ground running in, they're perfect. But social media people and influencers give you the impression that that's likely |
| 667 | 02:02:29,790 --> 02:02:40,710 | to happen to you, like, you're going to be the exception to the rule. I'm telling you, you're not even with my best shit, you're not. So just relax. It's |
| 668 | 02:02:40,710 --> 02:02:49,320 | a process. It's a journey, just enjoy it. And learn from all these learning experiences. And because it's going to build character in you, you're going to |
| 669 | 02:02:49,320 --> 02:02:57,840 | be appreciative once you obtain consistently profitable, and then you're wealthy. You're going to look back at all these things that you're making a big |
| 670 | 02:02:57,840 --> 02:03:07,350 | deal of right now. And they're going to seem so insignificant, minuscule and laughable that you made such a big deal, sudden, something so insignificant, so |
| 671 | 02:03:07,350 --> 02:03:16,320 | meaningless, that you're putting such a huge emphasis on right now that this is the thing that's holding you back right now, these little things, these little |
| 672 | 02:03:16,320 --> 02:03:27,660 | foxes that are spoiling the vine, this little problem that you've magnified into a mountain. It's insignificant, but you just don't have the perspective of it |
| 673 | 02:03:27,660 --> 02:03:35,640 | right now. Because you're in it. You're in the trenches, knee deep and shit. You're in debt. You hate your job, you hate your life where you're at right now, |
| 674 | 02:03:35,640 --> 02:03:48,240 | because you need to change right now. But that can't be changed overnight. You can start the process overnight. You can start it right now. But the changes |
| 675 | 02:03:48,600 --> 02:04:02,490 | will not be dramatic overnight. It's small little incremental moves forward. And you cannot inlet You can't let or allow anyone outside what this industry has as |
| 676 | 02:04:02,490 --> 02:04:13,740 | far as participants, like as a trader, I know you. I know what you're feeling because everybody's going through, I've gone through it. But anybody outside of |
| 677 | 02:04:13,740 --> 02:04:20,730 | this industry, you try to explain to them how you feel what you're doing this for why you're putting up with all the pain and suffering. You're not profitable |
| 678 | 02:04:20,730 --> 02:04:29,640 | yet, but you're not putting it down. This doesn't make sense to them. So why the fuck are you even inviting them in the conversations keep that shit out of them |
| 679 | 02:04:29,640 --> 02:04:37,170 | that they're not important to this topic. Leave them out. What kind of advice they're gonna give you |
| 680 | 02:04:38,520 --> 02:04:48,840 | the wrong one. They're gonna tell you stop doing it. It's a pipe dream. That's what every single one of my family members told me. Every single one of them and |
| 681 | 02:04:48,840 --> 02:04:57,810 | they all worked until retirement or they're working right now. As benefactors on one of them still working. All of them are on retirement, and they're all |
| 682 | 02:04:57,810 --> 02:05:13,170 | fucking broke. One of them. There was more money on their home than it cost when it was first built in the late 80s 80,000 Our house and they owe over $200,000 |
| 683 | 02:05:13,170 --> 02:05:21,240 | in refinancings over and over and over again. Every time there was equity in the marketplace, let's pull it out. Do a home equity line of credit, and this spend |
| 684 | 02:05:21,240 --> 02:05:21,570 | money |
| 685 | 02:05:27,390 --> 02:05:41,580 | does that make any fucking sense? No. And they have nothing but debt. They don't even own home. I have had multiple homes. And my homes are paid for cash. I |
| 686 | 02:05:41,580 --> 02:05:50,070 | don't have mortgages. I'm not bragging. But why the fuck are you gonna let people that are not successful tell you how to live your life and give you |
| 687 | 02:05:50,070 --> 02:06:02,340 | advice? Or if they tell you something, why are you allowing that to drain you? Or make you doubt what you're doing this for? If they're not better than you are |
| 688 | 02:06:02,340 --> 02:06:10,350 | in success, have more than you earn more than you and able to do what you're doing right now. I'm better than you. They're fucking opinion doesn't matter. |
| 689 | 02:06:12,150 --> 02:06:20,670 | Love them from a distance? That's what I did. I didn't disown them. I just simply did not invite them into the conversation of my personal life, how I |
| 690 | 02:06:20,670 --> 02:06:28,770 | should live it. And what I should do with my personal wealth, period. You didn't help me you didn't encourage me to make this fucking money? You sure as fuck are |
| 691 | 02:06:28,770 --> 02:06:42,840 | not entitled to tell me how to spend. Now, out of context, that would sound like, damn, this guy's arrogant. No. I'm being real. If you were in my |
| 692 | 02:06:42,840 --> 02:06:57,510 | situation, that's how you would think about it to whose business is being ran here? Mine. Nobody runs my business. You didn't build it. You didn't take the |
| 693 | 02:06:57,510 --> 02:07:07,410 | risks to grow it. You weren't there to console me. When I was low on my accounts. You weren't there to encourage me to say, Hey, keep going. None of |
| 694 | 02:07:07,410 --> 02:07:16,860 | that was seen by my family members. None of my friends did that either. And you're going to experience the same fucking thing. And guess what? Relish in it? |
| 695 | 02:07:17,310 --> 02:07:27,000 | Because when you get it, and you arrive here, you got there on your own. None of your fucking friends and in your fucking family members can say we did this for |
| 696 | 02:07:27,000 --> 02:07:40,020 | you. We helped you. No, you didn't. You did not do any of that shit. I had to persevere. Just like you are. And let me tell you something. You can call this |
| 697 | 02:07:40,020 --> 02:07:50,190 | arrogance. You can call this ego you can call it pride, whatever fuck you want to call it. Okay. I call it conquering demons. Because I had every night |
| 698 | 02:07:50,610 --> 02:07:59,430 | whispers and doubts coming in my head all the time? What if I really can't do this? What if I can't? What if I fail? What if I have to work the rest of my |
| 699 | 02:07:59,430 --> 02:08:10,560 | fucking life, I had to go to bed thinking about that shit. You know, I go to bed thinking about now. Man, I didn't have to do this today. Man, I didn't have to |
| 700 | 02:08:10,560 --> 02:08:23,610 | do that today. I look around, I see everybody else flipping out and drive around losing their fucking mind. Traffic. I don't have to go through that. I don't |
| 701 | 02:08:23,610 --> 02:08:38,280 | have to go through that. I'm 50 years old. I don't have those cares in the world. And I want all of you to have that. I want you to have that. That's not |
| 702 | 02:08:38,280 --> 02:08:55,140 | privilege. We play something. I had to work my fucking ass off. For this. I had to work. I had to work to make this work for me. It's normal. That part is |
| 703 | 02:08:55,140 --> 02:09:08,670 | normal. But I'm so thankful that the Lord was gracious enough to give me the strength to go through it. And the open my understanding to see it to take the |
| 704 | 02:09:08,790 --> 02:09:23,160 | information I saw that was beyond what everybody else is aware of, and then make a language with it. And now you're privy to it. And it took a lot of effort. And |
| 705 | 02:09:23,160 --> 02:09:35,460 | none of it was easy. None of it. When I felt like I was on the right track, I would still second guess it and doubt it. Man, let me let me check something |
| 706 | 02:09:35,460 --> 02:09:54,840 | else out. And I would prolong it being too analytical, which was the reason why my uncle was a failure to analytical. So you can be binary yes or no on or off. |
| 707 | 02:09:56,460 --> 02:10:05,790 | But at some point, you got to accept the fact that you're gonna be trading in the gray so Sometimes and that means, you know, it doesn't look exactly like |
| 708 | 02:10:05,790 --> 02:10:17,400 | that last trade, I had the fair value gap in, it looks real close to one I did one time. But it doesn't look like the all the other ones I've taken in the last |
| 709 | 02:10:18,000 --> 02:10:25,620 | 60 days. You got to be comfortable in that gray area, where it's just, it's familiar. |
| 710 | 02:10:27,660 --> 02:10:38,340 | Otherwise, if you demand it always looks like this. How do you know when the time to buy a fair value gap? And how do you know what's going to stay open? |
| 711 | 02:10:38,520 --> 02:10:45,510 | These are all questions that my private group were asking about. And they were asking questions like that in a month. So I know you guys are listening to |
| 712 | 02:10:46,140 --> 02:10:56,460 | you're asking questions in month one, content that has nothing to do with month one content. So that's why I'm deleting your questions. You have to wait until |
| 713 | 02:10:56,460 --> 02:11:04,650 | we get to these other months where we talk about those types of things. Because I want to topic to be on the very topic I'm trying to answer questions about not |
| 714 | 02:11:04,830 --> 02:11:11,850 | well, it's me jumped to the front line asking my questions. I'm not going to do that. But I know you're probably like, What the hell are you talking about, but |
| 715 | 02:11:11,850 --> 02:11:22,350 | my private group knows what I'm talking about. But I know what it's like for some of you, you want that perfect all the time silver bullet, it always looks |
| 716 | 02:11:22,350 --> 02:11:31,770 | exactly the same way. And you're not going to have that here. Not in trading, those charts are going to look very similar in a lot of ways, but they're never |
| 717 | 02:11:31,770 --> 02:11:42,900 | going to be identical. That's a fractal. It looks very, very similar to something else and a higher timeframe and a lower timeframe. But they're never |
| 718 | 02:11:42,900 --> 02:11:56,370 | going to be perfectly identical. But you'll recognize it. There'll be like a doppelganger. Good and look better. The point is this, you are going to make a |
| 719 | 02:11:56,370 --> 02:12:06,540 | lot of mistakes, and you're going to want to quit, you're going to want to fail. And I quit. If I'm going to use the terms I was using at the time when I was |
| 720 | 02:12:06,540 --> 02:12:17,700 | younger man, I quit dozens of times. But in reality what that was was a break. I needed to stop, go back to the real world of okay, I'm working I'm getting |
| 721 | 02:12:17,700 --> 02:12:26,880 | paychecks I can't stand I'm doing too much work too little time to myself. I'm not satisfied with this Fuck this. I'm gonna go back and re up my account and |
| 722 | 02:12:26,940 --> 02:12:37,020 | I'm gonna go back in again. So I didn't quit even though I told myself I was quitting dozens of times as young man I took breaks. So when I see your |
| 723 | 02:12:37,020 --> 02:12:45,870 | frustrations I saw two of them today and one of them yesterday blew my account I'm thinking I'm gonna quit No, you're not tell you right now you're not you |
| 724 | 02:12:45,870 --> 02:12:53,670 | might stop for a little while but you're not quitting you're gonna find your way into some other account later one and you're probably not going to be prepared |
| 725 | 02:12:53,880 --> 02:13:05,550 | because you're gonna go in with a lottery mentality gambling trying to do something that is probably never going to happen for you. Instead of just simply |
| 726 | 02:13:05,550 --> 02:13:13,590 | sitting down with soft sand okay, you know what, this is confirmed what I should have already realized and should have embraced it this is going to be hard, but |
| 727 | 02:13:13,590 --> 02:13:27,480 | it's worth it and then do everything that I've taught you and just stick to it show up every day glean the experiences and build on it and over time how much |
| 728 | 02:13:27,480 --> 02:13:35,610 | time it's going to be different from all of you all of you are going to have a different amount of time it takes to get it that aha moment that epiphany that |
| 729 | 02:13:36,930 --> 02:13:48,120 | Oh, there I see that I No no no no I'm looking for once you have that that's your model. That's the thing you try to work within and you don't ever try to |
| 730 | 02:13:48,120 --> 02:13:58,050 | tinker with it. Don't try to build it up don't try to add more ICT shit to it. That's the only thing you need. That's it. If you do that and apply sound money |
| 731 | 02:13:58,050 --> 02:14:09,390 | management to it, you will be consistent and then consistency develops into what profitability and profitability turns into what long term consistency well if |
| 732 | 02:14:09,390 --> 02:14:20,910 | you can be long term consistent and profitable what does that generate wealth II replace your job II replace all the cares of this world and fear about |
| 733 | 02:14:21,510 --> 02:14:33,870 | inflation. Listen, I went out and bought let me see and County's cars here. Truck keep I want to Corvettes |
| 734 | 02:14:37,080 --> 02:14:45,540 | Okay, out of the five vehicles. I have it at this home here. They're all eight cylinders. Four of them. Does that sound like somebody that's worried about the |
| 735 | 02:14:45,540 --> 02:14:53,760 | fucking price of gas? No. I don't give a fuck if it's $20 a gallon. As long as there's gas in them fucking pumps. I'm pumping my cars up. I wonder if I can |
| 736 | 02:14:53,760 --> 02:15:00,570 | drive around and don't give a shit. It'd probably be a better drive because nobody be riding on the button grew with me. Okay, I don't care about that |
| 737 | 02:15:00,570 --> 02:15:08,400 | stuff. I don't give a fuck about how high turkeys are going to cross it Thanksgiving because I got three of them already. I got one for Christmas. I got |
| 738 | 02:15:08,400 --> 02:15:19,500 | one for Thanksgiving and I got one for New Year's. So I plan ahead. I'm a prepper okay, I do those things, because I, I will not worry about the cost of |
| 739 | 02:15:19,500 --> 02:15:28,410 | things. Inflation is not I've never worried about inflation. I don't give a fuck about inflation. Okay, because I know I have a skill set that I will outpace any |
| 740 | 02:15:28,410 --> 02:15:37,260 | fucking inflation it could be hyperinflation. I don't give a fuck. As long as it's in the store. I'll have enough money to buy. I'm not worried about as long |
| 741 | 02:15:37,260 --> 02:15:44,820 | as there's gas in these fucking pumps at these gas stations. I'm pumping my fucking eight cylinder trucks these biggest gas guzzlers that some of my guys |
| 742 | 02:15:44,850 --> 02:15:51,810 | complained about. Oh, that's all we need another gas guzzler on the road. And listen, you drive your fucking Ford Pinto. If you want to fucking drive around |
| 743 | 02:15:51,810 --> 02:15:59,280 | Arby's electric cars, it costs more money to replace the entire battery in the car costs. Once it goes up, and you can't fucking bury it anywhere and fucks up |
| 744 | 02:15:59,280 --> 02:16:07,320 | everything. It's not this Green Deal. Bullshit. It's the biggest illusion horseshit that's ever been created. See, I've got five different topics, I can |
| 745 | 02:16:07,320 --> 02:16:19,560 | go down and just ramble on for four more hours, and bore to show you, but there's no this, you're learning a skill set that will allow you to either be |
| 746 | 02:16:20,940 --> 02:16:32,340 | Well, like I am right now, which I'm not proud of, but I don't give a fuck about inflation. I don't give a fuck about none of it. I don't care. I can fish. If |
| 747 | 02:16:32,340 --> 02:16:42,810 | they run out of food, the grocery stores I can eat. I can still find my fucking food. I ain't worried about it. Most people can't do that. They're all eaten |
| 748 | 02:16:42,810 --> 02:16:51,990 | fast food shit. You know, McDonald's, toxic bullshit poisoned stuff. There's gonna be a day where you can't do that. What if it doesn't work? You don't have |
| 749 | 02:16:52,080 --> 02:17:02,160 | access to that stuff? Are you going to worry about it? Right now you probably are. But if you work towards developing this skill set, this is answering the |
| 750 | 02:17:02,160 --> 02:17:14,520 | questions saw before I did this stream? Do we have time to learn this before the whole world goes upside down and collapses? Okay, I'll kill two birds with one |
| 751 | 02:17:14,520 --> 02:17:21,360 | stone here. Number one to answer your question, do I think that the algorithm is ever going to stop working? I've said this many, many times. But here's how you |
| 752 | 02:17:21,360 --> 02:17:32,910 | know it's going to stop working. When the entire global economies collapse. When they're all officially collapsed, the algorithm will stop working until they |
| 753 | 02:17:32,910 --> 02:17:48,660 | reopen the markets, then it'll be back in business again. Okay, there's your answer. Do I have a plan? Should the dollar collapse? No. That's why I prepped |
| 754 | 02:17:49,980 --> 02:18:01,980 | by a food. I have things I own physical assets. And whatever currency they go into. If I need money, I'll sell it using the currencies they create. So there |
| 755 | 02:18:01,980 --> 02:18:07,590 | you go. That's why I've done it. A lot of people are saying oh, I'm going to sell my property right now because the prices are high. Fuck that. I'm buying |
| 756 | 02:18:07,590 --> 02:18:17,400 | properties. Because I'm gonna have something I don't give a fuck if the housing market collapses. If you have money in the bank that's not protected. That can |
| 757 | 02:18:17,400 --> 02:18:27,780 | be devalued. I'd rather have a house lose 50% of its value then have a currency that means nothing. I'm staying in the game. The only way I know how that's |
| 758 | 02:18:27,780 --> 02:18:35,130 | that's the best I can do. I don't have any other silver bullet. I don't have another way of doing it. There's no other solution that I know of. I'm telling |
| 759 | 02:18:35,130 --> 02:18:44,970 | you. That's That's it. And if it all goes to shit, then whatever I got fishing lines and poles and I had to cook worried about it. I don't I'm not living my |
| 760 | 02:18:44,970 --> 02:18:55,950 | life in total fear. I'm concerned for people that aren't prepared. And I have family members or friends that are like that. But I know my limitations if all |
| 761 | 02:18:55,950 --> 02:19:07,980 | of our money is made useless and worthless. Yeah. Why worry about we're all on the same fucking boat then. There's no status on that. Richard, isn't you you're |
| 762 | 02:19:07,980 --> 02:19:14,670 | not poor to me. Everybody's saying. Erica, there's equality. We're all on the same financial plane. |
| 763 | 02:19:16,380 --> 02:19:28,230 | Okay, started another system and I'll fucking get rich again. I'm not worried. I know how these systems will run. Because it's going to be done on fear and |
| 764 | 02:19:28,230 --> 02:19:39,810 | greed. And fear and greed are the pillars of every financial market period and a story that's the way it works. And they want to sugarcoat it and books and write |
| 765 | 02:19:39,810 --> 02:19:49,500 | fucking textbooks for college courses talking about economics and supplying to me in fact, fuck all that it's all bullshit. That's all bullshit misinformation. |
| 766 | 02:19:49,800 --> 02:19:58,530 | They make you spend these high dollar tuitions so therefore you have to believe it was? No it's got to be a truth. Look at all that money paid for that piece of |
| 767 | 02:19:58,530 --> 02:20:09,480 | shit degree You pay all that money, like I did, who's gonna sit around and say, you know, I wasted my money. Most people aren't gonna want to do that, I got no |
| 768 | 02:20:09,480 --> 02:20:20,430 | problem telling you always want more for your money. None of that shit. None of that shit. Put any bread in my pocket. It took it out of my pocket. |
| 769 | 02:20:25,470 --> 02:20:36,240 | But they're going to tell you. This is what the reality is Harvard, Yale, Ivy League, fucking administrations and an education |
| 770 | 02:20:41,430 --> 02:20:54,840 | anti bullshit. It's all lies. It's told to us that way you swallow it. Hook, line and sinker. And that's why a majority the billionaires around the world, |
| 771 | 02:20:55,290 --> 02:21:00,360 | majority of them are college dropouts, because they were not indoctrinated in asked backwards theology. |
| 772 | 02:21:05,730 --> 02:21:15,720 | The way this world works, is diametrically opposed to what the textbooks say. That's why I tell you, if you're gonna buy a book, and you want to know what |
| 773 | 02:21:15,720 --> 02:21:26,010 | retails thinking, you have to you have to know what retails thinking. And one of the best ways to do that is to buy that John Murphy book. Technically out of the |
| 774 | 02:21:26,010 --> 02:21:35,040 | financial markets, it may have changed its title, but that was the title I had when I bought it. That's the Bible for retail logic and thinking. And if you do |
| 775 | 02:21:35,040 --> 02:21:49,200 | everything I teach you, it's diametrically opposed to the shit that's in that book. 90% accuracy. It's a challenge. So as much as I would love to sit here and |
| 776 | 02:21:49,200 --> 02:21:58,800 | talk and talk and talk, and talk and talk, I just realized I made a promise to my son that I would play video games with him. And I'm going to be 20 minutes |
| 777 | 02:21:58,800 --> 02:22:10,320 | late, because I don't get off here now. I'm going to drive back and he'll be upset with me. So that's where we're going to close it. So if you found |
| 778 | 02:22:10,320 --> 02:22:24,930 | tonight's jawboning session, rant, ramble, if you will, entertaining or helpful or inspiring, or therapeutic in any way, I'd appreciate a shout out to me. |
| 779 | 02:22:25,950 --> 02:22:36,150 | Tweet, let me know what you got from it. It was a waste of time, let me know that too. That's okay. I'll be sure to block you. I'm just kidding. As long as |
| 780 | 02:22:36,180 --> 02:22:47,040 | as long as you're being honest, that's what I want. I'll use it as constructive criticism. So I am trying to see what is in front of me. |
| 781 | 02:22:55,920 --> 02:23:11,940 | The next time I do us, I guess at Twitter space, I don't know. And I don't know how we will talk with one another over the holiday breaks, the time I give you |
| 782 | 02:23:11,940 --> 02:23:22,590 | the week prior to Thanksgiving. And then the first Tuesday of February of 2023. I don't, I don't have a schedule there. Now this pop in whenever I want to pop |
| 783 | 02:23:22,590 --> 02:23:29,190 | in. Don't expect me to use or anything like that. But I wanted to leave you with this. This is what I wanted to ask you. And I knew probably some of you are |
| 784 | 02:23:29,190 --> 02:23:37,680 | losing your mind right now. And you said you was going to talk about something bla bla bla, and you never went back to it. This is my question to you. And you |
| 785 | 02:23:37,680 --> 02:23:47,460 | give me the feedback. In 2023, when I come back, I gotta be real careful, because I have a lot of people that are learning how to run their own signal |
| 786 | 02:23:47,460 --> 02:23:57,810 | service. See, I told you, I knew where I was going. Guys don't trust me. And I don't want to do signals, obviously. And I'm not going to push a button in front |
| 787 | 02:23:57,810 --> 02:24:07,230 | of you live because that's the same as doing a signal service. I have people that have trained under me that are running and or about to start running a |
| 788 | 02:24:07,230 --> 02:24:15,930 | signal service for people that don't want to do this or can't do it. And I think that's okay, that's good. It's a business, that's easy. If you're consistent, |
| 789 | 02:24:15,930 --> 02:24:24,690 | you can do very well with that very quickly. Make lots and lots of money. As long as you're honest with your patrons and you're, you're delivering what |
| 790 | 02:24:24,690 --> 02:24:36,330 | you're promising them. I think it's a win win. But I have to be careful with this because I don't want to undermine or undercut them because if I go on |
| 791 | 02:24:36,450 --> 02:24:47,460 | YouTube, and this is an idea I'm tossing around, I'm considering price action Chronicles so the inner circle trader that would be a New York session, live |
| 792 | 02:24:47,460 --> 02:25:04,290 | stream for I guess Monday and Tuesday and maybe one other day like Thursday, not Friday and not a Wednesday but Monday and Tuesday. And I would basically sit |
| 793 | 02:25:04,290 --> 02:25:14,580 | down and chit chat with you and point to things on the chart that would, in my opinion, inspire your thought processes about what's going on in the |
| 794 | 02:25:14,580 --> 02:25:24,150 | marketplace. And I don't have to say, by yourself, I'm just going to say, you know, what do you think about this right here, I'm not going to do the plan B, |
| 795 | 02:25:24,180 --> 02:25:32,340 | plan a plan B, you're going to know that it's one side, but I'm not telling you where to buy. I'm not telling you where to sell. I'm not telling you where a |
| 796 | 02:25:32,340 --> 02:25:43,680 | stop loss would be. But I want you to have an experience where watching someone be able to navigate the marketplace, and not have to do a whole lot of jumping |
| 797 | 02:25:43,680 --> 02:25:54,900 | around and like I want to be able to talk because I can do that and still point to where the market is likely to draw to next. And then it allows you to see |
| 798 | 02:25:54,900 --> 02:26:03,150 | what's going on. Now, if you are distracted by me talking, then you just turn the sound off. And it's okay. He said, watch where it's likely to reach to hear, |
| 799 | 02:26:03,390 --> 02:26:11,820 | then turn the sound off. And then you study price action, and you listen to your own internal dialogue. Or if you're not distracted by that, and you just want to |
| 800 | 02:26:11,820 --> 02:26:22,740 | listen to me drone on about this bullshit I'm going to be talking about while prices moving around, then great, then have at it. But the point of it would be |
| 801 | 02:26:22,740 --> 02:26:35,040 | this to let you see how price moves from the low and the high and how it reaches for liquidity, the main liquidity for that session. I'm not saying there isn't |
| 802 | 02:26:35,040 --> 02:26:42,360 | other setups, because obviously I can get in here and do 32nd 15 Second trades both directions up, down, up, down, down. And that's not the point of this. The |
| 803 | 02:26:42,360 --> 02:26:54,360 | point is is for you to look for one good set up in that morning session, without map without me hurting the individuals that are going to market themselves as a |
| 804 | 02:26:54,360 --> 02:27:03,900 | signal service. And those of you in my mentorship. Be honest, do it publicly. Don't go into the forum and pitch me out. Do it here publicly and say, I don't |
| 805 | 02:27:03,900 --> 02:27:12,750 | think this is good for us. You say Be honest, because not that I'm going to say no I'm not going to do this I will just do something to make sure that you're |
| 806 | 02:27:12,750 --> 02:27:22,260 | comfortable with me doing this and not feel like I'm undercutting you. I know what you're thinking like you know, why would they want to subscribe to me if |
| 807 | 02:27:22,260 --> 02:27:30,090 | you're on air calling the market doing this and doing that no signal service is going to be profitable if I start doing that. And that's just the way it is. |
| 808 | 02:27:30,090 --> 02:27:40,080 | I'll be I'll be the most watched live session there is because I can have Forex in front of me and stock index. I can do all of it. I can put a quad on my on my |
| 809 | 02:27:40,080 --> 02:27:51,030 | chart. And I can have gold. You want to see some I trade gold. I'll shut that fucking show down. Immediately. Keep pushing. I will make you irrelevant. |
| 810 | 02:27:51,030 --> 02:27:52,920 | Motherfuckers gold. |
| 811 | 02:27:53,610 --> 02:28:04,530 | I'll put fucking bonds up there. And I'll do ES and I'll do a forex pair. And we'll do that every fucking live session. Okay? You want to keep fucking around |
| 812 | 02:28:04,530 --> 02:28:13,080 | with me. I will make your asses ie irrelevant. I'll erase you. Nobody will show up to your live streams. Nobody will do shit with you. Okay, you want to see |
| 813 | 02:28:13,080 --> 02:28:23,940 | who's quick on the draw of a fucker. Bring your shit. I will shut your shit down. So if you want to see that, let me know in response on Twitter. I'll be |
| 814 | 02:28:23,940 --> 02:28:27,060 | reading. Until next time. Be safe. |