037-ict-tw-spaces-20230812-Laying-Up-Treasures-and-Keeping-Wolves-Away
Last modified by Drunk Monkey on 2023-08-12 18:12
Outline
00:30 - Laying up treasures and keeping wolves away.
- Laying up treasures and keeping the wolves away when you got introduced to this entire scheme making money clicking candlestick charts and indicators flashing on the screen.
- Why overnight success is not practical.
03:20 - The importance of having the right perspective on trading.
- How a winning streak and profits can change a person, and how it may even change who they are as a person.
- The importance of being positive and positive.
- There is a limitation in terms of presenting yourself in a capacity that you are something you aren't, because it creates an expected persona in yourself.
- The influencer effect.
- The insatiable need to feel like he was worth something beyond the normal and to be outside the range of everyone else.
- The idea of knowing why you're going into trading, what the purpose is, and the reason why you are doing it, is important.
10:07 - How becoming a father changed my perspective on risk.
- Becoming a father changed the way he viewed risk and how he looked at things differently. Being a father helped him mature in a way he would not have been successful at.
- Being a father.
- The emotional turmoil that comes with managing children and adult children that don't want to listen to you.
- The worst thing that can happen is you get lucky in the beginning.
- Nobody cares at some point, no matter how profitable you are, you're going to reach the level where nobody cares about you.
- The wrong things to do to get attention.
17:20 - The journey of success.
- There is nothing else to do, and that is an unfortunate state of mind to be in in his 20s.
- The four treasures he is laying out for his family, creating memories for his children and memories for himself, and robbing himself of that.
- You have to have some kind of sense of reason and purpose beyond and outside yourself to do this, because if you don't, you will take blind risk and do things when you're bored.
- Power three was not invented by larry williams. Power three is mine.
23:11 - Dealing with distractions while trading.
- The importance of balancing personal and professional life when trading, and how to deal with distractions while in a trade.
- How to manage distractions while trading.
- Trading subconsciously is about losing, and subconsciously, you are wanting to lose so that way you don't feel guilt without purpose.
- Trading when you know that you're doing it to make a better life.
- You have to be diligent about risk at all times and elevate the risk respect of that risk to prevent you from trading impulsively, otherwise the wolves come in with a war.
30:04 - The difference between greed and fear.
- Greed is having more than enough and not appreciating it. Fear is a fearful thing. It's like a large wolf in the woods, ready to jump on you.
- When you're accountable for yourself and something or someone else, there has to be a greater appreciation for risk.
- Not wealthy themselves, no idea how to become wealthy, that hasn't even made it to that threshold yet, that's a wolf, you've got to keep them at bay.
- A better parent, someone that's willing to take risks, fly by the seat of pants, do things at their job that might get them fired.
35:32 - If I was a wolf.
- When he lost his wife, he wanted to be a womanizer because he felt he needed to do that to make himself feel better and to prove to everybody and other women that he was worth being with.
- Money will cloud your vision and you won't see the mistakes you'll make.
- The wolf mentality. The wolf mentality, the wolf mentality and the wolf mindset.
- generational wealth is important more so now than it has ever been, because his children aren't equipped yet to be able to manage the mental aspects of trading.
41:47 - Do whatever you want to do.
- There has to be some growing and maturity required to be able to trade online, because it is worth a lot of money.
- Every single account must carry a respect for risk.
- There is pressure to be desired, and you can turn it into something beyond your wildest dreams, or you can destroy everything with impulsiveness.
- This game is won by the long game, not short game.
46:13 - How to get rich quick.
- Get rich quick, all you have to do is pay the reset. It is your money that you are spending on those resets.
- Every success story has had a different perspective after losing.
- The Twitter space is all about mindset and psychology. The greatest life lessons come through pain, not through the feel good moments.
- The part that matters is the part that really matters.
51:12 - Let me in by.
- Little pig, little pig, let me in. The wolf shows up, and it's time to move.
- Big brother has a YouTube channel with smart money concepts.
- The second little pig, the person that went through the full year with no real trading and found their own model.
- The person that did all the back testing.
56:24 - Never lose sight of the costs of failure.
- He wants you to do well and succeed, but never lose sight with the adversity that is looming out there.
- The easiest way to start forging that mindset is to have some measure of accountability that is outside you, like a spouse.
- Even his own private mentorship students ignore the plain text of do this, don't do that, or you're disqualified. They've been with him for years, and they actually paid him.
- There are dozens of people out there turned on right now, listening to what he's saying.
01:02:45 - How to take stock of your weaknesses.
- How to take stock in yourself and investigate what is it you are doing wrong, and why it is an uncomfortable thing to pursue.
- How to learn to trade with a demo account.
- You want to know how to think and what's going to derail you. You want to be counseled and encouraged.
- You have exactly what's required to succeed in this industry.
01:07:54 - Roll the dice like a casino.
- People win the lottery all the time. They foolishly spend their money on this dumb shit and chances of that happening were next to nothing.
- Butch, the big game tonight is $30 million
- The first thing he went out and did was buy himself a ford mustang, a green, ugly ass, convertible mustang with a tan top and pow. That's new money for you.
- Once he got his rims fixed, he traded his corvette in for a ferrari and didn't get the vibe.
01:13:00 - Managing your money properly.
- Tom took her to Atlantic City, hit it and quit it. He's a mess, and he's been through the local casinos.
- Tom is chasing that moment that feel good moment, and that's what he was talking about earlier that he lost track of, that's when you lost track.
- Your greatest lessons will be through pain for the atheists in the crowd. If god was real, why does he allow suffering.
- Nobody wants to change until they have a heart attack.
01:17:42 - Drunken driving and driving.
- Drinking and driving with a child in the car is not the same as self-medicating yourself. It is what it is.
- Suffering is permitted, but losing is not.
- You want to be a failure, because all your attention and time is being devoted to something that won't yield any fruit to you.
- Everything is temporary, and success if you allow it to be temporary, you want a life experience where you have so many milestones.
01:23:09 - How do you live your life like an asshole?
- Piper wants to see what his students do with their lives and what they do with it once they are there.
- Piper believes that there is no shortcut to becoming a better father, and that the hard one step in front of the other journey.
- Hardship is a lesson to a good taskmaster, and alex is not going to want for anything. He has to go out and buy another pair of goggles.
- Alex was inspired by alex.
01:28:35 - The self-punishment of self-discipline.
- The self-punishment of self-inflicted losses, and how to overcome it.
- Elevate the purpose behind why you are trading a specific model that you trust, that you have seen the fruits of by back-testing, and that is strength and power.
- Come hell or high water, market maker, take it off. 35% drawdown, no one is doing it like you.
- College is a scam, and you're not guaranteed a job outside of college.
01:33:52 - The importance of having a plan for the future.
- Nothing is guaranteed. Nothing is guaranteed and you might lose your money. Everything is a potential risk, you might die on your way to work tomorrow or monday.
- Having something that you're accountable for outside yourself is easy to find someone in need of something you want to learn how to trade.
- Find someone that you're going to invest 30% after taxes to acquire something for them, but don't let them know about it. Don't build entitlement mindset.
- The sense of purpose and sense of accomplishment that comes from investing in someone is better than making money in trades.
- Drain on society, drain on society. Even the smallest amount of money that you help someone with at a time when they don't even expect it to happen.
- You're like an angel.
01:41:15 - The power of thinking differently.
- There is no limit, there is no fear, because you are going to trade differently and think about things differently.
- Rich people are miserable because they have no purpose in this world.
- The importance of self-reflection and self-improvement in trading, and why it is not for lack of trying, but rather a lack of providing the content.
- The one trick pony approach to trading and how it can be applied to any asset class.
Transcription
| 1 | 00:00:30,090 --> 00:00:45,660 | ICT: Good morning. Hope you're all doing well. So we're back at it again with a nother ICT, Twitter space shotgun Saturday. And I want to talk a little bit |
| 2 | 00:00:45,660 --> 00:00:58,710 | about what we generally focus on here all the time is the psychology. Or many times the mental barriers or obstacles that you may encounter, or may have |
| 3 | 00:00:58,710 --> 00:01:13,320 | encountered, but don't really understand how to overcome them. Today's topic is laying up treasures, and keeping the wolves away. When you got introduced to |
| 4 | 00:01:13,320 --> 00:01:28,110 | this entire scheme, making money clicking candlestick charts and indicators flashing on the screen, no matter who it was, they got you interested. That |
| 5 | 00:01:28,110 --> 00:01:39,810 | moment where you fell in love with the idea or the opportunity of potentially making money, but not going to work for it seems very enticing, didn't seem |
| 6 | 00:01:39,810 --> 00:02:02,880 | very, very enticing. And you may have rushed in your pursuit and doing so. And you may have suffered from enticement from influencers, maybe even me. Now, I've |
| 7 | 00:02:02,880 --> 00:02:16,560 | done a great deal, to try to keep you focused on the things that matter most. But you don't have to have all the materialistic things that come with here that |
| 8 | 00:02:16,590 --> 00:02:32,340 | that's my wife running. She has promised me an uninterrupted hour, she just ran back into the house, forgot her keys. He's one of those moments where I really, |
| 9 | 00:02:32,340 --> 00:02:39,240 | really, really wish it was a recorded thing because it irks me that it's in there. And that little click, click click is barely running around to try to see |
| 10 | 00:02:39,240 --> 00:02:52,380 | where he's at. But when we get in volved, with this industry, and when I want to say it like this, when I got into it, I looked at it as a way of retiring early, |
| 11 | 00:02:52,860 --> 00:03:04,170 | not getting rich, I didn't have that desperation, I just wanted to have a better life. And I was willing to defer it to a later time in my life. And that flies |
| 12 | 00:03:04,170 --> 00:03:16,440 | in the face of what's bandied about today where it's like, hey, look, you know, overnight success is how it's supposed to be. And I'm just very gingerly gonna |
| 13 | 00:03:16,440 --> 00:03:30,990 | remind you that that's really not practical. It's really kind of happen for some absolutely. But for the majority, it's not going to be true for most of us. So I |
| 14 | 00:03:30,990 --> 00:03:45,480 | believe I came into this with the right perspective, starting out. But as soon as you make a nice win, have a winning streak, and you have profits |
| 15 | 00:03:45,510 --> 00:03:56,160 | accumulating, that tends to change things, and what you may have started out with in their journey, and what were your pursuits where, and the why, as to |
| 16 | 00:03:56,160 --> 00:04:07,920 | what you're doing it for. And we're gonna talk about that. It'll change, it'll morph into things that you may not have, really were inspired by in the |
| 17 | 00:04:07,920 --> 00:04:18,540 | beginning, it may even fly in the face of who you are as a person, or used to be. And even for folks that have not found profitability, and I've seen some of |
| 18 | 00:04:18,540 --> 00:04:29,790 | them online. I've seen some of them, trying to be mentors. I've seen some of them trying to be traders or live streamers, and some of them not all of them. |
| 19 | 00:04:29,790 --> 00:04:46,980 | Some of them aren't really successful. But they talk, they talk like they are or they soon will be. And there's nothing wrong with being positive. But there also |
| 20 | 00:04:47,190 --> 00:05:00,660 | is a limitation in terms of presenting it in a capacity that you are something that you aren't because what that will do is create this expected patien in |
| 21 | 00:05:00,660 --> 00:05:12,660 | yourself, that when you actually do try to trade and when you try to do things, and take on risk, which is the primary discussion point today, you'll be afraid, |
| 22 | 00:05:13,650 --> 00:05:23,220 | you'll be afraid to take the trades because you've talked a good game you've tucked outwardly in the presence of others. But when it comes time to push the |
| 23 | 00:05:23,220 --> 00:05:34,530 | button, when it comes time to manage that risk, to manage your emotions, to navigate the psychological storm, that real money, real trading on the hard, |
| 24 | 00:05:34,890 --> 00:05:47,460 | right edge of the chart brings with it. So it's the quiet ones. It's the quiet ones that do all their talking in their journals, where no one else has seen |
| 25 | 00:05:48,360 --> 00:05:58,770 | that they truly themselves. They don't beat their chest. They don't brag, they don't do any of those types of things. They just quietly encourage themselves in |
| 26 | 00:05:58,770 --> 00:06:14,790 | the solitude of their journal, where it needs to stay. When we look at this industry, there's a verse there's treasure to be desired and oil indwelling of |
| 27 | 00:06:15,120 --> 00:06:28,860 | the wise but a foolish man spends it up. What does that mean? Well, I'll apply it to trading. Okay, it can be used in a myriad of things. But I'm not going to |
| 28 | 00:06:28,860 --> 00:06:41,490 | apply that saying to what we do as traders, how we go into the the world of speculation for profit, and how we many times lose sight of what it is that |
| 29 | 00:06:41,490 --> 00:06:58,560 | we're trying to do. For me, it was trying to retire early, I was wanting to retire at 40. And things change over the course of my career and how I came up, |
| 30 | 00:06:59,310 --> 00:07:10,410 | just like it's going to change for you. But it's important for you to identify what is a low hanging fruit objective for you. Now, I'm not saying sell yourself |
| 31 | 00:07:10,410 --> 00:07:23,430 | short, in terms of your life, what would be viewed as successful or not successful, but unfortunately, social media Instagram, you know, YouTube, the |
| 32 | 00:07:23,430 --> 00:07:33,840 | influencers effect on individuals. And I would have been very easily wrapped up in all this stuff to me if I could go back in time. And think about how I felt |
| 33 | 00:07:34,680 --> 00:07:51,270 | this insatiable need to feel like I was worth something. Beyond the normal, I wanted to be outside the range of like everybody else, not because I wanted to |
| 34 | 00:07:51,270 --> 00:08:01,650 | be better than everybody else. But because I wanted to feel significant because I didn't grow up with parents that had any love towards me. So I got my love and |
| 35 | 00:08:01,920 --> 00:08:13,920 | nurturing from my grandparents. So I had a chip on my shoulder. So I was using the market as a way of proving myself worth to me and everyone else around me. |
| 36 | 00:08:15,390 --> 00:08:30,150 | That was the wrong approach to going into trading. I wanted to win back my ex wife, I wanted to do things, to have other people look at me and want to be me. |
| 37 | 00:08:30,840 --> 00:08:42,390 | I wanted to be that person. And if we had social media back in my time, if it happened to be like it is today, where we have Instagram and Facebook and |
| 38 | 00:08:42,390 --> 00:08:53,520 | Twitter and all these things that are available to distract us and fill our minds with foolishness and self worship. An idol worship of other people. That's |
| 39 | 00:08:53,520 --> 00:09:05,100 | why I don't like it when you guys call me things like a king or a goat and stuff like I don't like that. But I would have been wrapped up in that stuff in 1992 |
| 40 | 00:09:05,100 --> 00:09:15,210 | When I first started if it was available, and I would have fallen victim to it. And who knows what kind of egomaniac I really would have been. And I can see and |
| 41 | 00:09:15,210 --> 00:09:22,920 | I'm sorry if you hear some chirping in the background. That's Piper had to give her a bone because there's no way I'd be able to do this Twitter space. If I |
| 42 | 00:09:22,920 --> 00:09:35,160 | stepped away too far, she's gonna start whining and crying. So let's get through it as best we can. Okay, but the idea of knowing why you're going into this, |
| 43 | 00:09:35,160 --> 00:09:48,240 | what's the purpose? What's the reason why you're doing it? It's for the betterment of yourself. Yes. But there has to be something beyond that. Okay. |
| 44 | 00:09:48,840 --> 00:09:59,700 | When you lay up treasure for yourself here in this world, you're thinking, well, I want to have a nice life. I want to live a nice, successful life where I can |
| 45 | 00:09:59,700 --> 00:10:09,450 | do what Ever I want to do whenever I want to do it. And I kind of promote that mindset, I want everyone to have that, yes. But there's got to be something more |
| 46 | 00:10:09,450 --> 00:10:22,560 | to it than that. And for me, when I started doing things for people outside of myself, and the things that brought a greater sense of respect for risk, the |
| 47 | 00:10:22,560 --> 00:10:27,090 | idea of taking on new risks |
| 48 | 00:10:28,620 --> 00:10:39,150 | was a little bit more challenging when I became a father, because prior to that, I was a cowboy. It was nothing for me to go in there and risk 50% of my account |
| 49 | 00:10:39,540 --> 00:10:51,540 | on trades that had no business being in when I didn't even know how to trade. But when I had my son, Cody, putting aside all the drama that came with how I |
| 50 | 00:10:51,540 --> 00:11:01,140 | became a father, that changed a lot of things. For me, it changed the way I viewed risk, I'd looked at things differently. And I thought to myself, when |
| 51 | 00:11:01,440 --> 00:11:18,600 | when I take on risk, when I try to do something to increase myself, am I exposing him to more risk? Am I incurring more risk, or potential of losing |
| 52 | 00:11:18,600 --> 00:11:30,960 | whatever I've gained, in hopes of becoming better in the view of other people outside myself or him. So becoming a father for me helped me mature in a way |
| 53 | 00:11:30,960 --> 00:11:45,360 | that I would have not probably been successful at, had I not become a father. So in short, and in more specific terms, when I look at taking on risk, and I |
| 54 | 00:11:45,360 --> 00:11:58,920 | placed my son in the middle of the conversation, will this next transaction, make it easier for me to be a father for him? Or will it be harder for me to be |
| 55 | 00:11:58,920 --> 00:12:12,090 | a father to him. And for some of you that don't have children, what that means is, if I lose money, it doesn't take food from his mouth. It doesn't keep him in |
| 56 | 00:12:12,090 --> 00:12:27,150 | a position of being unclothed, it doesn't mean that we're unsheltered, it just means that now my time, my energy, my focus away from the charts, will not be |
| 57 | 00:12:27,150 --> 00:12:42,570 | able to be on him. Because I will be in regret, I will be in sorrow, I will re remorse for for the things I've taken on in terms of risk. So it dilutes my |
| 58 | 00:12:42,570 --> 00:12:53,850 | attention. As a father. Now I'm applying it to this real experience I have for myself, for those of you that are listening to don't have children, you don't |
| 59 | 00:12:53,850 --> 00:13:06,570 | have anything that is dependent on you. It's just you, you're young person, and you're living a life that's free of all that. In many ways, I envy that. Because |
| 60 | 00:13:06,570 --> 00:13:23,310 | there's a lot of emotional turmoil that come with managing children, even adult children that don't want to listen. And you have to find that reason to not just |
| 61 | 00:13:23,610 --> 00:13:33,930 | unwilling to take the risk, because if I lose, I'm still young enough I can make it back. That's how everybody starts in this industry. Now you can come in with |
| 62 | 00:13:33,930 --> 00:13:42,060 | all the greatest intentions of following your risk no more than this much and don't over trade. It's all fine and great until you start pressing the real |
| 63 | 00:13:42,060 --> 00:13:57,060 | button. Not a demo, not a funded account challenge where the money can actually come out of your own hands. When that money comes in and out of your account, |
| 64 | 00:13:58,230 --> 00:14:09,180 | the weight behind that is not something that can be easily explained away. It has to be felt out to be experienced. And the worst thing that can happen is you |
| 65 | 00:14:09,180 --> 00:14:16,710 | get lucky in the beginning because you think you're laying up treasure for yourself and it becomes so easy to think that it's always going to be easy for |
| 66 | 00:14:16,710 --> 00:14:31,050 | you. I'm just going to keep stacking up my emerald bricks of Dolla dolla Bill y'all pick up my next thing I'm going to spend money on pick up my next |
| 67 | 00:14:31,050 --> 00:14:47,610 | destination I want to go travel to an experience and put on my Instagram laying up treasures for yourself after a while and it's very, very short lived. Nobody |
| 68 | 00:14:47,610 --> 00:14:58,110 | cares. At some point. No matter how profitable you are. At some point you're going to reach that level where Yeah, I make money. Yeah, I'm doing well. But |
| 69 | 00:14:58,650 --> 00:15:10,470 | how many cars can I buy? And how many new things I have to buy to keep people interested in me. And then you discover what I discovered in my 20s, that nobody |
| 70 | 00:15:10,470 --> 00:15:22,110 | really cares. Not, they don't really care about you, when you do that. They're living vicariously through your decisions and what you show. And they think |
| 71 | 00:15:22,110 --> 00:15:30,810 | themselves, because they're spending time chasing and pursuing you, because you're doing that their, their concern is not about you. The concern that they |
| 72 | 00:15:30,810 --> 00:15:41,190 | had about me on America Online, was not generally about me. But I wanted to believe it was, and the people that do this, they want to be looked up to, they |
| 73 | 00:15:41,190 --> 00:15:55,590 | want to be worshipped, they want to be idolized, those things carry you only so far. And at some point, no matter how good you are, it stops satisfying. And |
| 74 | 00:15:55,590 --> 00:16:11,670 | when it stops satisfying you and you no longer get that well return on your investment. And you start seeing the diminishing returns, no matter what you do, |
| 75 | 00:16:11,670 --> 00:16:20,760 | and no matter what you try to do over the top, spending money showing this and showing that it won't bring you any satisfaction and won't really entice any of |
| 76 | 00:16:20,760 --> 00:16:30,540 | your followers or people that look up to you. And you'll become bored. And their eyes are boring, rather, and you will become bored by what it is that you're |
| 77 | 00:16:30,540 --> 00:16:42,900 | doing. And the long and short of it is, that's all the wrong things. You're laying up treasures for yourself here. That's Piper, hold on one second, I'm |
| 78 | 00:16:42,900 --> 00:16:43,980 | sorry, me |
| 79 | 00:16:49,080 --> 00:16:49,590 | to be |
| 80 | 00:16:58,679 --> 00:17:13,229 | that AI doesn't have a puppy to take care of a lot of people still think I was a real guy. Real distractions, real family real stuff. But when you have this |
| 81 | 00:17:13,229 --> 00:17:28,409 | pursuit of laying up treasures for yourself. That is such a short list. Journey of success. Because at some point, there's, there's simply nothing else to do. |
| 82 | 00:17:30,179 --> 00:17:44,339 | And that's an unfortunate state of mind to be in because I found myself that way in my 20s. And while it's easy for me to go out there, and show that I have lots |
| 83 | 00:17:44,339 --> 00:17:51,869 | of money, and I can earn lots of money, and I can create new business ventures and partnerships and do all kinds of things open up new mentorships and I'm not |
| 84 | 00:17:51,869 --> 00:18:04,439 | doing it, I told you I wasn't my pursuits, my why I'm doing anything going forward is four treasures I'm laying out for my family, I want to create |
| 85 | 00:18:04,439 --> 00:18:14,189 | memories for them. I want to create memories for myself. And I've robbed myself of that. And it's easy to get caught up in the success. I have lots of students |
| 86 | 00:18:14,669 --> 00:18:21,749 | that are making lots of money now. And they're finding success in what they're doing. And they feel good about themselves. I'm so thankful that they've had |
| 87 | 00:18:21,749 --> 00:18:33,809 | that experience. But I don't want you to think that that's all there is to it. Because at some point, if you don't have a child, now you might become a parent |
| 88 | 00:18:33,809 --> 00:18:46,349 | later on. And then all of a sudden, you're gonna have a greater sense of respect for risk. Because if you found yourself in a position of prominence or |
| 89 | 00:18:47,189 --> 00:19:01,409 | influence, and then you have a child. Now all of a sudden, because you are equipping them with a lifestyle that would be above the average lifestyle. You |
| 90 | 00:19:01,409 --> 00:19:14,969 | don't want to risk losing it. You want to make sure that they are able to be kept well provided for and I found that was the case for me. I don't want to do |
| 91 | 00:19:14,969 --> 00:19:24,599 | anything to upset the applecart. I wanted to make sure that, you know when they were raised by me that I wouldn't be in a position of lack like I was when I was |
| 92 | 00:19:24,599 --> 00:19:34,829 | younger. I know what it felt like to be sleeping in a car with a one year old or less than one year old. I know what it's like to be homeless. I know what it's |
| 93 | 00:19:34,829 --> 00:19:46,619 | like to have no roof over your head. No money in the bank. I know what it feels like to have a cease bank account and having to file bankruptcy. I've done all |
| 94 | 00:19:46,619 --> 00:19:56,309 | those things before I've done that. I think I've lived all that before. And when you have children, or for some of you that are listening, when you have a y that |
| 95 | 00:19:56,309 --> 00:20:06,419 | it's outside yourself. You do things for others People, they may not be directly related to you. They may not be your offspring, it may be that you want to |
| 96 | 00:20:06,449 --> 00:20:17,849 | sponsor, the less fortunate. You know, that's an admirable thing. It should not be broadcasted, it should not be out there. Say I support this, I support that |
| 97 | 00:20:17,849 --> 00:20:29,039 | person, I'm doing this and I'm doing that, because that's your reward, then I'm trying to do this folks. Like there's Scott every noisy toy going on in the |
| 98 | 00:20:29,039 --> 00:20:40,829 | background, I apologize. But you have to have some kind of sense of reason, some purpose beyond and outside yourself to do this. Because if you don't, you will |
| 99 | 00:20:40,829 --> 00:20:52,529 | take blind risk. You will do things when you're bored. And if you've listened to the student, I just retweeted the interview of one of my students, that was a |
| 100 | 00:20:52,529 --> 00:21:08,399 | mentorship student, Alex, he actually mentioned something that was kind of like the inspiration for this Twitter space today. If you listen to him before, |
| 101 | 00:21:08,429 --> 00:21:18,839 | before I get into, I want to correct him real quick. Power three was not invented by Larry Williams, power three was my interpretation on how to correct |
| 102 | 00:21:19,259 --> 00:21:28,229 | his lack of understanding about how to buy below the opening price on bullish days, or sell above the opening price on bearish days. So I'm not sure if there |
| 103 | 00:21:28,229 --> 00:21:39,209 | was a language barrier there, on his presentation on the interview, or in my discussions while he was learning but power three is mine. But he mentioned when |
| 104 | 00:21:39,209 --> 00:21:50,609 | he was doing his interview, he said that he would say many times he would find himself in the trades, taking trades and wanting to lose. Now I'm sure when I |
| 105 | 00:21:50,609 --> 00:22:00,839 | heard that I was thinking right away that there's gonna be people, the trolls, many of them would love to pounce on something like that. And if you look at the |
| 106 | 00:22:01,019 --> 00:22:08,849 | the presentation from a hole, and then try to apply it to yourself, you probably understand really what he means but don't want to really want to admit it. |
| 107 | 00:22:09,479 --> 00:22:18,629 | Here's my interpretation of what I believe he was trying to say. And I had experienced it myself. And I've seen other students do the same thing. I'm |
| 108 | 00:22:18,629 --> 00:22:29,009 | wrangling Piper right now. She's, she's by herself. We have a bedient school that scouts apart off today. And Piper had hers the other day, so we have to |
| 109 | 00:22:29,009 --> 00:22:38,699 | separate them. Puppies from the same litter, they have to be managed differently. Because they'll build a bond between them. And they'll isolate |
| 110 | 00:22:38,699 --> 00:22:51,689 | Bailey, and then becomes problematic. But back to Alex, in the mindset, the issue that he mentioned, if you look at the point in the conversation that he |
| 111 | 00:22:51,689 --> 00:23:06,929 | had with the funding company, he says that he would be in trades, and he wanted to lose, because he wanted to be spending time with his girlfriend. What that |
| 112 | 00:23:06,929 --> 00:23:20,429 | actually is, it's a form of punishment. And it's the very thing I'm talking about today. When you're trading, and you're trying to build wealth, you have so |
| 113 | 00:23:20,429 --> 00:23:29,219 | many other things that you have to balance in your life, you have to balance your personal life if you have children, if you have relationships. If you find |
| 114 | 00:23:29,219 --> 00:23:40,229 | yourself in a position where you're trying to take trades, and your mind is elsewhere, your mind is on someone else. Your mind is on your child, boyfriend, |
| 115 | 00:23:40,229 --> 00:23:54,389 | girlfriend, significant other spouse, your job. Maybe your pursuit is trying to get out of having to go to work. That's admirable. But what if you are in a |
| 116 | 00:23:54,389 --> 00:24:05,939 | position right now, that doesn't promote the clarity for you to be trading because you have to maintain your employment until you find a better job. Or if |
| 117 | 00:24:05,939 --> 00:24:17,579 | you're on a rocks with your employer and you might be losing your job soon because of performance issues or he didn't do something right. There wasn't a |
| 118 | 00:24:17,639 --> 00:24:17,969 | second |
| 119 | 00:24:23,160 --> 00:24:34,710 | we're gonna hear a little bit of nature now. I gotta give her some running room. But the idea of these distractions like you're seeing me have to encounter and |
| 120 | 00:24:34,710 --> 00:24:48,720 | manage while I'm doing this live presentation. It takes a great deal of focus to trade and for me, most of you will easily distracted short term attention span. |
| 121 | 00:24:49,050 --> 00:25:01,440 | I wrestled a lot of things. If you are grades or taking picture you find yourself taking trades and entertaining God that I'm probably gonna lose on this |
| 122 | 00:25:01,440 --> 00:25:13,080 | trade, but what the hell? I'm gonna roll the dice. Once that happens, then you're finding your thoughts linked to something outside of the market or the |
| 123 | 00:25:13,080 --> 00:25:23,640 | charter and you're not respecting the risk. And what you're doing is this of constantly punishing yourself, because you know, that your time should be spent |
| 124 | 00:25:23,940 --> 00:25:37,230 | on that thing. person, that event, whatever it is, itself known to you while you're in a trade. How do you deal with that? While you close trade, you start |
| 125 | 00:25:37,560 --> 00:25:56,040 | with the charts. But beneath the spread, draw down the trade, my favorite yet, this week, what's going to happen, your mind is distracted. You're looking at |
| 126 | 00:25:56,040 --> 00:26:13,440 | things with a clouded mind. And subconsciously, you're wanting to lose. So that way, you don't feel guilt without purpose. I'm gonna say that in a better way. |
| 127 | 00:26:15,300 --> 00:26:25,410 | You want to make sure that you don't lose sight of the importance of that thing that's distracting you that person, that thing that you should be doing, other |
| 128 | 00:26:25,410 --> 00:26:40,260 | than sitting in on that chart, taking that trade. That's the more weightier matter. But your impulsiveness, the gambler. They're in the driver's seat. And |
| 129 | 00:26:40,260 --> 00:26:52,830 | they and or he or she wants to build up treasure for themselves. Instead of building up treasure for something outside of yourself. For Alex, if you're |
| 130 | 00:26:52,830 --> 00:27:04,290 | listening, if you find yourself thinking like that, stop, don't trade. Only trade when you know that you're doing it to make a better life for you and your |
| 131 | 00:27:04,290 --> 00:27:13,500 | significant other, you're gonna find that your trading becomes so much easier, easier to manage the risk easier to manage psychologically, because you're |
| 132 | 00:27:13,500 --> 00:27:24,030 | taking the risk soberly. It's not used, it's just gonna lose the money. It's you and your significant other. It's you and your child that you're supporting. And |
| 133 | 00:27:24,030 --> 00:27:35,130 | it's a pendant of you put it in perspective like this. If you had a one year old child, just learning how to walk, there's this little, they don't know anything, |
| 134 | 00:27:35,310 --> 00:27:45,930 | don't know they're left from the right. Would you encourage them to go out there and run around in traffic? Of course not. It seems like an extreme right. But |
| 135 | 00:27:45,930 --> 00:27:54,930 | essentially, that's what you're doing many times as a trader, you're encouraging bad habits because you're not focused. You're trading for all the wrong reasons. |
| 136 | 00:27:55,140 --> 00:28:07,950 | And you're trying to store up treasure, laying up treasure, just for yourself. Where, you know, if I lose it, it's not a big deal. If I lose this account, if I |
| 137 | 00:28:07,950 --> 00:28:21,240 | blow this money, if I fail my funded account challenge, if I lose my funded account, I'll just reset it. That is a piss poor approach to mindset. That is |
| 138 | 00:28:21,240 --> 00:28:33,270 | absolutely the worst mindset that you can adopt or start forging. You have to be diligent about risk at all times. And you have to elevate the risk respect of |
| 139 | 00:28:33,270 --> 00:28:48,870 | that risk to a degree that will prevent you from trading impulsively. Otherwise, the wolves come in with a war trying to keep up with the Joneses. That's an |
| 140 | 00:28:48,870 --> 00:28:57,360 | expression we say here in the States. What that means is someone has something in terms of a track record. They've done something monetarily they bought |
| 141 | 00:28:57,360 --> 00:29:00,840 | something. They went somewhere they you |
| 142 | 00:29:06,060 --> 00:29:21,360 | clap, shoot a wolf. And what does a wolf want to do? Come in and devour steal like a fox in the henhouse. They want to take something from you never see a |
| 143 | 00:29:21,360 --> 00:29:30,600 | wolf come in and say hey, you know like you need some extra let me drop you off something here at your door. Don't work like that. Cats and Cats seem to do that |
| 144 | 00:29:30,600 --> 00:29:41,340 | though. I was watching a video the other day I saw this cat bringing its master whatever it found neither better call it and there are seen that with any dogs. |
| 145 | 00:29:41,370 --> 00:29:59,850 | Maybe they do it too but I digress. But a wolf. You got to keep them at bay. They come in to steal, kill and destroy. They steal your purpose for what you're |
| 146 | 00:29:59,850 --> 00:30:09,180 | doing. went for, because it's great having a desire to be come. There's nothing wrong with that. It's nothing egotistical about it, it's not greed that you want |
| 147 | 00:30:09,180 --> 00:30:19,170 | to be better than you are right now. It's not greed that you want to have more than have right now, that is not greed. Greed is having more than enough and not |
| 148 | 00:30:19,170 --> 00:30:37,410 | appreciating it. That's greed. A wolf is fearful. That's a fearful thing. If you were in a woods, and you saw a large wolf in front of you, okay, who you are, |
| 149 | 00:30:38,460 --> 00:30:46,350 | whether you had a firearm on your side or not, that scared the shit out of you. If it's not rolling its teeth at you, and it's ready to jump on you. You're |
| 150 | 00:30:46,350 --> 00:30:57,690 | going to respect that risk. And that's what happens when you start doing things outside yourself. And that's what you need to be prepared to deal with that |
| 151 | 00:30:57,690 --> 00:31:12,540 | level of risk and managing it. When you have a sense of purpose at above and beyond yourself, you're now accountable to no one. But you know, it's easy to |
| 152 | 00:31:12,570 --> 00:31:24,210 | manage your risk. But when you are accountable, when you're accountable for yourself and something or someone else, there has to be a greater appreciation |
| 153 | 00:31:24,210 --> 00:31:37,560 | for risk. If you don't manage that risk appropriately, and you do all the wrong things, try to get a trade to feel better. You aren't spending the time you're |
| 154 | 00:31:37,560 --> 00:31:48,570 | supposed to be spending with your family. But your impulse is to gain was in the driver's seat. And you're in front of those charts. tucked in there, I have done |
| 155 | 00:31:48,570 --> 00:31:59,220 | damaged that I cannot replace on an emotional level with my own kids, with my wife that I can't replace that time with. And when I talk to you about these |
| 156 | 00:31:59,220 --> 00:32:06,720 | things, and these asshats are in my comment section saying he's railing all that stuff about his feelings about cares about that you're a broke ass person is |
| 157 | 00:32:06,720 --> 00:32:15,660 | never going to be anybody. You're never going to amount to shit. But you're going to leave comments from somebody that's already lived it and has learned |
| 158 | 00:32:15,660 --> 00:32:23,970 | the lessons painfully so that way you a broke ass that won't listen to good sound reason logic, to keep yourself from making the same mistakes that I have. |
| 159 | 00:32:27,150 --> 00:32:35,670 | That's a wolf. These people are here to try to give you financial advice and they're fucking broke. They're broke, they're working still, and they're gonna |
| 160 | 00:32:35,670 --> 00:32:51,780 | tell you how to manage wealth. Not wealthy themselves. No idea how to become wealthy, that haven't even made it that that threshold yet. That's a wolf. You |
| 161 | 00:32:51,780 --> 00:33:05,610 | got to keep them at bay, key Bay. See a wolf. The only thing about themselves. I'm not thinking about myself, I'm not thinking about myself right now. I'm |
| 162 | 00:33:05,610 --> 00:33:12,060 | talking to you strangers that I'm not going to shake the hand of, we're not going to share a meal together. We're not going to be at a pub having a drink |
| 163 | 00:33:12,060 --> 00:33:26,040 | somewhere. But I know my voice carries far now. And some of you may listen to other people say things about what it is I teach and you might be discouraged or |
| 164 | 00:33:26,040 --> 00:33:36,000 | maybe even doubt things while you're seeing a Live account. You've seen things called beforehand, you're seeing students that are coming forward. And don't |
| 165 | 00:33:36,000 --> 00:33:52,080 | think that I'm trying to get anyone. I have certainly more say saying that. Because it's more impressive for me as the mentor to see those individuals that |
| 166 | 00:33:52,080 --> 00:34:04,590 | could very, very easily humble everybody else out there right now. We're talking 10 fold more than what you've seen. And these folks are living their life. |
| 167 | 00:34:05,610 --> 00:34:16,020 | Quiet, appreciative, and not trying to stir up anything. Because that's not why they got into it. They didn't get into this to feel significant. They had a |
| 168 | 00:34:16,020 --> 00:34:29,700 | greater purpose of what it is that they were trying to do. There why for doing it is in and of itself outside them selves. What's a better parent, someone |
| 169 | 00:34:29,700 --> 00:34:40,470 | that's willing to take risks, fly by the seat of pants, maybe even do things at their job that might get them fired while they have a family to take care of. Or |
| 170 | 00:34:40,500 --> 00:34:50,190 | someone that shows up, does what they're supposed to do and takes no additional risks and does everything with the purpose in mind to provide and maintain the |
| 171 | 00:34:50,190 --> 00:35:01,470 | livelihood of their self and their family? Clearly, it's the second but the second is not attractive right now. That's not logical to anybody right now. |
| 172 | 00:35:01,500 --> 00:35:17,580 | That's boring. That's not exceptional. When, in fact, it is exceptional. Because most of the things you see online is fake. It's an illusion. You're only seeing |
| 173 | 00:35:17,580 --> 00:35:29,070 | that fleeting moment where they did something, right. And the lack of consistency, longevity. There's no evidence of that. But you'll buy into the |
| 174 | 00:35:29,070 --> 00:35:42,270 | image of it all. If I was a wolf, really a wolf, I could fleece all of you, and you'd pay me whatever I want. And I would feed you just enough to keep you |
| 175 | 00:35:42,270 --> 00:35:56,730 | going. I can get way more richer than I already am. It's not my purpose. I'm spending my Saturday, pacing around my pool in my pajamas still. Walking around, |
| 176 | 00:35:57,390 --> 00:36:12,930 | slips in a wife beater. Hair on combed paint brush my teeth. Yeah, just had breakfast. And I spent my time demonetized with you, coaching you counseling |
| 177 | 00:36:12,930 --> 00:36:24,600 | you, encouraging you not to lay up treasure just for yourself. You have to have something outside yourself or for the reasons why you're doing it. And if you do |
| 178 | 00:36:24,600 --> 00:36:34,140 | that, it becomes a lot easier. You would think oh, no, it's harder to be a parent. I loved it when I was a single parent. I loved it. Because no one did. |
| 179 | 00:36:34,140 --> 00:36:45,600 | It forced me to be responsible when I wasn't really responsible. I think if you were to ask me before I had a son. If I was responsible, I would then at the |
| 180 | 00:36:45,600 --> 00:36:55,470 | time, say yes, but knowing what I know now about myself. And really what I was doing. At 51 years old, I really wasn't responsible. I was reckless. I was doing |
| 181 | 00:36:55,500 --> 00:37:07,380 | everything. With Wild abandonment, just pursuing some greater experience than I had the last time. And when I lost my wife, I wanted to be a womanizer because I |
| 182 | 00:37:07,380 --> 00:37:14,850 | felt that you know, I need to do that to make myself feel better. And to prove to everybody and other women that I'm worth being with when the things I was |
| 183 | 00:37:14,850 --> 00:37:25,110 | doing was not something that women would want to be with. I was not monogamous. I jumped around, slipped in beds and slept with married women. That's nothing to |
| 184 | 00:37:25,110 --> 00:37:35,100 | be proud of. I'm not bragging, I'm telling you. Some of you put me on a pedestal. I'm not a saint. I've made bad choices as a human being. I've made |
| 185 | 00:37:35,130 --> 00:37:45,330 | terrible decisions, decisions and choices in my personal life. And I'm talking to you. Because money will cloud your vision and you won't see the mistakes |
| 186 | 00:37:45,330 --> 00:38:00,000 | you're about to make. These things carry deeper scar tissue than losing money in a trade. I promise you, you have no idea, the sense of remorse and regret. That |
| 187 | 00:38:00,000 --> 00:38:11,400 | holds deep grips on me that I've done to myself that were self inflicted, because I didn't know any better. No one sat down with me and told me this is |
| 188 | 00:38:11,400 --> 00:38:20,370 | what you should have done. This is what you shouldn't have done. I was reacting emotionally and impulsively thinking that I needed to do that. To replace the |
| 189 | 00:38:20,370 --> 00:38:32,310 | pain I was going through the lack of self respect or self worth that I had when I was younger person. But you don't hear that now. When I'm talking. Everybody |
| 190 | 00:38:32,310 --> 00:38:41,220 | says I'm arrogant. Everybody says I'm overconfident. Everybody says I'm a prick. That's because I've learned lessons that enable me to have this mindset. I'm not |
| 191 | 00:38:41,220 --> 00:38:51,060 | afraid. I know I can go out there and make money I can touch anything and make it gold. So because I can doesn't mean doesn't mean that I should go out there |
| 192 | 00:38:51,060 --> 00:39:07,080 | and flaunt it in front of everybody. And you shouldn't either. That's a that's a wolf mentality. Look at me. Yours is for me. Mine is for me. That's a wolf. |
| 193 | 00:39:12,119 --> 00:39:25,379 | When you look at a lion when a Pride goes out, enhance, don't go out and kill in the lion has the death grip on the throat of the gazelle or whatever it may be. |
| 194 | 00:39:27,149 --> 00:39:37,739 | It basically did the kill. The other ones may hold it down. But that kill was by suffocation. By one line. She's got a hole of its throat and waits for it to |
| 195 | 00:39:37,739 --> 00:39:53,789 | give up the ghost. They take that meat home. They share it together. So they take on the risks of going after that pray. Not for a single purpose of feeding |
| 196 | 00:39:53,789 --> 00:40:06,749 | their one single belly. But that purpose is the same mind You should have as a trader, you have to have something outside yourself you're responsible for. I |
| 197 | 00:40:06,749 --> 00:40:14,579 | promise you, if you are not doing that, you can tell me you can show me statements. You can show me certificates where you got funded, you can show me |
| 198 | 00:40:14,579 --> 00:40:26,009 | payouts, but I'm going to tell you in the quiet in the the moments where you're by yourself, You're shitting bricks, you're in trades, you knew damn, well, you |
| 199 | 00:40:26,009 --> 00:40:38,999 | shouldn't have been in hoping that it pans out in your favor. You're doing so many resets, that the public doesn't even know about. That's the real you. Can |
| 200 | 00:40:38,999 --> 00:40:53,729 | you get caught up in the idea of showing an illusion? Here's what I did look at me. When you just take a step back and say, What have I been doing right now? Up |
| 201 | 00:40:53,729 --> 00:41:05,999 | to this point, what have I been doing? Have I been doing things that are for the better meant of something outside of myself? Am I leaving something behind? For |
| 202 | 00:41:05,999 --> 00:41:19,289 | me, generational wealth is important. more so now than it's ever been because my children aren't equipped yet to be able to manage the difficulty that the mental |
| 203 | 00:41:19,289 --> 00:41:31,319 | aspects of trading bring with it. They have amazing weapons at their disposal, but they have also young minds that are very, very impulsive. Just like yours, |
| 204 | 00:41:31,499 --> 00:41:45,899 | just like mine was. Think about it. When you join the military, Air Force? Did this let anybody sign up? Go on air here, just jump in this Raptor, fly it |
| 205 | 00:41:45,899 --> 00:41:56,699 | around? Do whatever you want to do? Try it out, you know, take a spin? No, of course not. Why? Why wouldn't you want to do that? Because it's worth a lot of |
| 206 | 00:41:56,699 --> 00:42:06,989 | money. And they get hurt themselves and other people and collateral damage. So there has to be some growing that's required and maturity. And I'm hoping that |
| 207 | 00:42:06,989 --> 00:42:16,259 | my children will grow into a greater appreciation for what it is that's available to them to participate because they have the ability to have a Nigma. |
| 208 | 00:42:17,759 --> 00:42:28,559 | Recklessness over trading, trying to be in here before it happens. Trying to predict the setup, not take the setup. There's difference, we can anticipate a |
| 209 | 00:42:28,559 --> 00:42:35,999 | setup, but you're predicting I'll get this by the time I enter, then there really will be a reason in there. You know what that feels like you've been |
| 210 | 00:42:35,999 --> 00:42:49,709 | doing it for months, blowing accounts trying to do it. Because you're taking on risk in and of yourself, the why that you're doing it is just you. And while you |
| 211 | 00:42:49,709 --> 00:43:00,659 | lie to yourself and say I'm comfortable. If I lose the account, it's no big deal. That is a piss poor mentality. Every single account, every single |
| 212 | 00:43:00,659 --> 00:43:10,169 | transaction must carry with it a great respect for risk. Because what you're doing is no different than someone that goes to Las Vegas with their life |
| 213 | 00:43:10,169 --> 00:43:25,799 | savings. And pisses it away. flies back home and wishes they never had the idea of going out there in the first place. Because they got lucky. One other time |
| 214 | 00:43:25,829 --> 00:43:41,939 | they went with their life savings this time. They put it all online and said hey, I'm gonna take the gamble. I'm gonna take that bet. I'm going all in and |
| 215 | 00:43:41,939 --> 00:43:54,599 | then the flop doesn't work out for you. And everything you put up is gone. You can only do that so many times folks with the skill set that's not quite there |
| 216 | 00:43:54,599 --> 00:44:12,899 | yet. It's easy to quit. It's easy to quit when it's like that and you deny yourself opportunities that are before you. There is pressure to be desired and |
| 217 | 00:44:12,899 --> 00:44:27,479 | you can take this and turn it into something beyond your wildest dreams or you can destroy everything with impulsiveness doing things that you shouldn't have |
| 218 | 00:44:27,479 --> 00:44:38,819 | done thinking about things you shouldn't even thinking about worrying about emotions that have no been no basis for being in the process of what it is |
| 219 | 00:44:38,819 --> 00:44:39,389 | you're trying to do. |
| 220 | 00:44:49,320 --> 00:45:01,890 | To Scotland iron fence around our swimming pool and she's still small enough to go through the the rails of my fence. Decent Ever gone through it before. But |
| 221 | 00:45:01,890 --> 00:45:08,730 | she just discovered that you can do it. And look on her face when she came back and she's like, Oh, I can get out here. And then she saw me she's like, Oh, |
| 222 | 00:45:08,910 --> 00:45:26,850 | crap. Dad caught me. Yep, that's all. So I want you to think about how this is applicable to you. Because if you are a rebel if you are a cowboy gunslinger out |
| 223 | 00:45:26,850 --> 00:45:41,580 | there that hey, you know, I'm gonna go sling with the best. And I'm the best now until the last year was running. And if you're back, oh, whatever, it was fun. |
| 224 | 00:45:42,000 --> 00:45:58,410 | I'm living my life. Pedal to the metal, full bore, never slowing down. You might want to take some inventory, and change some things. Because this game is won by |
| 225 | 00:45:58,410 --> 00:46:13,320 | the long game, not the short game. Take a step back for a second step out of yourself. present this entire industry right now as it is as a teach. What do |
| 226 | 00:46:13,320 --> 00:46:27,150 | you see? Get rich quick. All you have to do is pay the reset. It's not your money losing what the fuck it ain't. It is your money that you're spending on |
| 227 | 00:46:27,150 --> 00:46:51,420 | those resets and can't get funded. Can't hold on hold on once you get it. So the ocean is absolute oneness with a good steward How could possibly expect to be |
| 228 | 00:46:51,420 --> 00:46:59,820 | rewarded with more when you can't even manage the little that you work with right now. And you think something magical is gonna happen when you get funded. |
| 229 | 00:47:00,210 --> 00:47:12,360 | Something magical is gonna happen if someone laid down a large sum of money and said hey, we don't know that much about you. But here manage this for us. That's |
| 230 | 00:47:12,360 --> 00:47:25,230 | pipe dreams. I don't sell that here. I talked to you in a manner where I want you to take stock in it. Think about what it means to you. What does it mean for |
| 231 | 00:47:25,230 --> 00:47:36,840 | you to have a greater sense of risk when you have the perspective outside yourself, not just oh if I lose money, it's no big deal. But if you lose money |
| 232 | 00:47:36,840 --> 00:47:49,170 | and you have someone that you're depending on that is dependent on you that is entirely something altogether different see trading after you read a book, watch |
| 233 | 00:47:49,170 --> 00:48:04,920 | some ICT videos and go to this person's workshop or whatnot you have the inspiration but you don't have the mindset mindset has to be forged. You know |
| 234 | 00:48:04,920 --> 00:48:18,870 | how to get not here's how you get the mindset through losing your ass that has to happen that has to happen every success story every single one of them has |
| 235 | 00:48:18,870 --> 00:48:30,540 | had a ask that has been chat they've learned something they looked at it from a different perspective after losing and some of you think that you're gonna just |
| 236 | 00:48:30,540 --> 00:48:42,960 | walk through here waltzing through like everybody's gonna part ways let the man go through adversity isn't gonna lay a handle on you drawdown and going to visit |
| 237 | 00:48:42,990 --> 00:49:00,000 | your house losing trades as a foreign language we don't speak that around here. Until it does happen no sudden your ask gets twisted. Oh my goodness did change |
| 238 | 00:49:00,000 --> 00:49:09,120 | in the algorithm. What the hell is this this candle was supposed to be a fair value gap. They didn't respect it. Look at this. This was supposed to be by side |
| 239 | 00:49:09,120 --> 00:49:19,530 | liquidity. They ran it now should go the other way. And it just kept going up. Hello. Welcome to the real game. |
| 240 | 00:49:25,050 --> 00:49:38,700 | mindset. Psychology, that's what these Twitter spaces are all about. It's not me bloviating nonsense that the broke ass is that want to comment? These are people |
| 241 | 00:49:39,690 --> 00:49:49,800 | that want to tell you don't waste your time. But they're going to work on Monday, making less money than you probably do your job because they're |
| 242 | 00:49:49,800 --> 00:50:06,990 | miserable. Or they're selling something that they can't get sales with. And they're miserable. I wish and this is not me giving myself self love here I'm |
| 243 | 00:50:06,990 --> 00:50:19,440 | not bragging when I say this I wish that I had the resource that I'm making available to you when I started I swear to God Almighty I wish I had it because |
| 244 | 00:50:19,440 --> 00:50:33,150 | I did not have any any navigation laid before me where this is what I shouldn't do this should I shouldn't do I had to learn through pain and by God's grace He |
| 245 | 00:50:33,150 --> 00:50:48,660 | then stepped in he joined the chat I try to talk to you in a manner where maybe it is uncomfortable and you should be thankful that it is because greatest life |
| 246 | 00:50:48,660 --> 00:50:57,450 | lessons come through pain it doesn't come through the feel good moments think about it when you have a feel good moment when you have a good winning trade pay |
| 247 | 00:50:57,450 --> 00:51:14,400 | attention folks. This is the part that really matters. Just won something got a nice trade got funded got a payout well feels good doesn't it? Yes it does. Yes |
| 248 | 00:51:14,430 --> 00:51:34,980 | it does. Little pig little pig let me in the wolf shows up you forget about how good it felt to do that and what you did to earn it and you gotta run you gotta |
| 249 | 00:51:34,980 --> 00:51:48,030 | run to get to that next opportunity you need to get inside of another house you gotta move it's moving day the wolf's on your ass we got to move my brother he's |
| 250 | 00:51:48,030 --> 00:51:58,680 | got a better house than me. I'm gonna trade what he's trading you might get success you had a feel good moment. Oh man everything I'm touching this is |
| 251 | 00:51:58,680 --> 00:52:15,060 | working. I'm a trader I'm a natural little pig little pig led me in once again that will shows up. Oh shit you and your brother. Your trading partner? Your |
| 252 | 00:52:15,060 --> 00:52:27,030 | study partner. I see T students we gotta go it's time to move it's moving day my brother got a YouTube channel he's doing this with Smart Money concepts. Let's |
| 253 | 00:52:27,030 --> 00:52:48,990 | go you run on over there. Oh my goodness look at this Win Win wait little pig little pig let me in some different about that third one. He had foresight he |
| 254 | 00:52:48,990 --> 00:53:02,460 | didn't make a house out of straw with a book can come in and blow it down and the second brother didn't make his house out of straw he made out of wood sticks |
| 255 | 00:53:03,390 --> 00:53:15,480 | a little bit more sturdy. A little bit more rhyme and reason in his trading plan one more PD array it's still not quite enough they had to run the big brother's |
| 256 | 00:53:15,480 --> 00:53:26,670 | house good oh I see fucking t his house is made out of brick in a wolf can't come and Blow that bitch down. Keep on knocking motherfucker. Because you ain't |
| 257 | 00:53:26,670 --> 00:53:45,030 | getting in in my house. We all eat and we're not eating what's different experience for site preparation majority of you want to get out there and you |
| 258 | 00:53:45,030 --> 00:53:52,020 | want to build a house a straw. That means I want to get funded and get a payout? Because that's the visibility that you have. That's all you have right now. Give |
| 259 | 00:53:52,020 --> 00:54:05,130 | me shelter from the storm might get wet still. But it's better than being outdoors. Outdoors is working for live in the nine to five rat race. Everybody |
| 260 | 00:54:05,130 --> 00:54:17,910 | wants to get out of that hunger. So how much money you make some of you have a little bit broader perspective, but not quite as far as it should be. It should |
| 261 | 00:54:17,910 --> 00:54:32,370 | be with a great deal of preparation for adversities. So you might say okay, you might be that second little pig, where you see other people out there rushing to |
| 262 | 00:54:32,370 --> 00:54:42,420 | get paid out. You heard some Twitter spaces like this in the past by me and it's gonna be something different about the way I do it. I'm going to look past that. |
| 263 | 00:54:43,200 --> 00:54:53,400 | I want to get to the point where I can buy a fancy car because that's it's not just a pay out then I have a goal. I'm gonna go out and get myself a Lambo. |
| 264 | 00:54:53,430 --> 00:54:58,020 | geaney gonna get matched up a McLaren lease |
| 265 | 00:55:06,299 --> 00:55:24,059 | walks out the door to creating bills without the trust, and knowing that the Providence and safeguard income that is absolutely available to someone as a |
| 266 | 00:55:24,059 --> 00:55:39,089 | well written, well generated trading plan, and money management strategy, and has already made preparations for adversities. That's the person that went |
| 267 | 00:55:39,089 --> 00:55:48,359 | through the full year with no real trading. That's the person that did all the back testing, finding their own model, learning what it is, that's going to |
| 268 | 00:55:48,389 --> 00:55:59,729 | cause them to be reckless. And they're building their house with brick. Because they know there's wolves out there. They know that the rains coming, and storm |
| 269 | 00:55:59,729 --> 00:56:11,639 | will beat against that wall and beat against that roof. And they want to make sure they have a sound structure around them. A mindset that is at peace, not |
| 270 | 00:56:11,699 --> 00:56:40,709 | trading impulsively, because they want. They want you want. I used to be a wolf. Now, I don't eat lamb. And I don't eat pork. I want you to do well. I want you |
| 271 | 00:56:40,709 --> 00:56:51,389 | to thrive, I want you to succeed, I want you to have everything that your heart's desire. But I don't want you to lose sight. But the costs that is going |
| 272 | 00:56:51,389 --> 00:57:02,549 | to be associated with it. And never lose sight with the adversity that are looming out there that you think that you're going to be the exception to it |
| 273 | 00:57:02,549 --> 00:57:11,669 | isn't going to touch you it is going to happen to you. When you build your trading plan, and you risk the amount of money that allows for imperfection. |
| 274 | 00:57:12,119 --> 00:57:26,309 | Even when you see yourself doing well in the future. Do not take exaggerated risk. And the easiest way that you can start forging that mindset now is having |
| 275 | 00:57:26,309 --> 00:57:35,549 | some measure of accountability that is outside you. It doesn't mean go to your spouse who doesn't support you right now that thinks what you're doing is |
| 276 | 00:57:35,549 --> 00:57:51,599 | foolishness. Can you imagine, I mean, my wife sees the fruits of all this stuff. And still I can tell you with great fondness. If I told her back then, hey, this |
| 277 | 00:57:51,599 --> 00:57:59,669 | is what I'm going to do. And I'm starting not because I was doing this already, before I met her, she would have shut down everything. And it would have pissed |
| 278 | 00:57:59,669 --> 00:58:13,019 | me off. I probably would have got rid of her. She's very, very opinionated. And that would have affected me mentally. So God's perfect timing. He brought us |
| 279 | 00:58:13,019 --> 00:58:25,919 | together after I was already established. Some of you might be looking at the idea of this presentation thinking this sounds like Nursery Rhymes and bullshit. |
| 280 | 00:58:27,839 --> 00:58:39,419 | Yep, went right over your head. You aren't going to be successful. You want the secret weapons. Because you don't want the user's manual. Want to go through and |
| 281 | 00:58:39,419 --> 00:58:52,859 | pull your fucking heads off, messing around, trying to be wider. Don't want to understand hope but safely beat you in game long enough to get what it is that |
| 282 | 00:58:52,859 --> 00:59:08,999 | you're seeking after. See a third pig build house a brick. But a good strong foundation. And I teach with that mindset. I want you to learn properly. Can I |
| 283 | 00:59:08,999 --> 00:59:21,779 | go out there and throw some Mickey Mouse shit together just to sell some coursework and make some fast money? Absolutely. Absolutely. But also no human |
| 284 | 00:59:21,779 --> 00:59:32,669 | nature 99% of you are going to be in a rush. You're not going to follow rules. Even my own private mentorship students. I'll lay down some instructions on them |
| 285 | 00:59:32,699 --> 00:59:46,469 | very plain. And it's amazing how many of them ignore the plain text of do this, don't do that or you're disqualified. And they don't listen. They've been with |
| 286 | 00:59:46,469 --> 00:59:55,019 | me for years. They actually paid me isn't me mentoring them poorly or is it them themselves not following instructions. It's them themselves not following |
| 287 | 00:59:55,019 --> 01:00:07,139 | instructions. So if I'm going to do this, if I'm going I mentor if I'm going to teach, I'm going to pour myself into it. And I'm going to do it exactly how it |
| 288 | 01:00:07,139 --> 01:00:20,009 | needs to be done. I'm not out here trying to get the well, approval from any of you. I live this. And you're seeing students that are courage enough to go out |
| 289 | 01:00:20,009 --> 01:00:34,289 | there and make themselves known. And the fruits thereof. I could say, hey, look, all my students that are profitable. Since you have respect for me, you answer |
| 290 | 01:00:34,289 --> 01:00:45,659 | all those people out there to have things bad to say about me and what it is you've spent time and money learning, go out there and show him what for. I'm |
| 291 | 01:00:45,659 --> 01:00:56,129 | not a weak little minded bitch. I don't need to. And they don't need to do it. But some people are just built differently. They just want to go out and do it. |
| 292 | 01:00:56,819 --> 01:01:07,289 | Because like me, when I was younger, I have a chip on my shoulder. I need to prove self worth. Because you don't know what it feels like to be a child that |
| 293 | 01:01:07,889 --> 01:01:17,219 | your own parents don't want to deal with. And one of them had to threaten the other one's life just to make sure that the worn some heavy shit when you put it |
| 294 | 01:01:17,219 --> 01:01:36,269 | on you. So I spent my life building something in me to make my parents understand that that shit didn't stop me. I didn't grow from the same vine. They |
| 295 | 01:01:36,269 --> 01:02:00,329 | did. I cut myself off. I planted myself here. And all of you are my fruit. I'm living for all of you. What am I getting paid right now. There's dozens of |
| 296 | 01:02:00,329 --> 01:02:06,809 | people out there turned on right now you're listening to and they're gonna put it on their YouTube channel. They're gonna monetize it. And folks, if you're |
| 297 | 01:02:06,809 --> 01:02:18,299 | doing that, I don't care. Pay your bills. I don't care. But I'm not monetizing it. I could, or these are all things I could be putting on my YouTube channel. |
| 298 | 01:02:18,329 --> 01:02:27,389 | And yes, I might drop some F words once in a while. But as long as it's not happening in the first 30 seconds. They won't they won't D monetize it. I do |
| 299 | 01:02:27,389 --> 01:02:38,279 | this for a reason. I want you to understand that I'm investing my time. I'm investing the wisdom that I've gained over hardships in the hopes that you |
| 300 | 01:02:38,279 --> 01:02:50,849 | appreciate the fact that I could be doing something else on my fucking Saturday mornings. I can be doing something else. Besides this. We're not getting paid to |
| 301 | 01:02:50,849 --> 01:03:02,579 | do this not getting chump change when you to 25,000 20,000 hours a month. You already saw I can do that in a week. Real money |
| 302 | 01:03:10,679 --> 01:03:26,519 | some of you stand in your own way. And you don't understand when I'm trying to ask you to take stock in yourself. What is it you're doing wrong? It's an |
| 303 | 01:03:26,519 --> 01:03:37,559 | uncomfortable thing to to pursue and to investigate what is it you're doing incorrectly? All of my personal students that are profitable. They have done |
| 304 | 01:03:37,559 --> 01:03:53,669 | that. And they don't hide from it. Ask any of them that are making fucking real money real money. Hey, what did you struggle with most? What do you struggle |
| 305 | 01:03:53,669 --> 01:04:07,229 | with still today? What was your greatest learning experience? What are your weaknesses? They're easily answering you what they are. They're not like these |
| 306 | 01:04:07,229 --> 01:04:18,659 | fucking misfits online hiding, like they don't have any weaknesses at all. Only showing you wins, only showing you the sweet stories showing you shit that |
| 307 | 01:04:18,659 --> 01:04:34,049 | mentorships and coursework sells will yield them in terms of profit. The real people, the ones that have really gone through this process correctly. They |
| 308 | 01:04:34,049 --> 01:04:48,569 | didn't lose sight of what makes them go off the rails. And sometimes they may still wrestle with it. That's the reality of trading data if you strung all |
| 309 | 01:04:48,569 --> 01:04:56,669 | together all these Twitter spaces I've done since I started doing them, and that's to say I was writing a book. And it was everything I said in these |
| 310 | 01:04:56,669 --> 01:05:10,979 | Twitter spaces, but composed inside of tech book what not to do as a trader, and how to think correctly. That's a brilliant title. Nobody's buying that fucking |
| 311 | 01:05:10,979 --> 01:05:15,749 | book. Nobody's buying that book, not one person is going to buy that book |
| 312 | 01:05:20,909 --> 01:05:30,869 | How to Learn to trade with a demo account? Over 12 months, nobody's buying that fucking course. Nobody's buying that book. Nobody's watching that playlist. |
| 313 | 01:05:36,270 --> 01:05:49,170 | But that's the real shit. Everybody that sits in and listens to these Twitter spaces. You have exactly what's required. Because you want to know how to think. |
| 314 | 01:05:50,250 --> 01:05:59,040 | You want to know what's going to derail you. You want to be counseled? You want to be encouraged? I'm not showing you my chart. We're not even talking about the |
| 315 | 01:05:59,040 --> 01:06:09,660 | open high, low and close. We're not referring to any specific setup here. We're talking about what's going to be the definitive ground. Bottom of the road, you |
| 316 | 01:06:09,660 --> 01:06:23,550 | know, this is this is down to brass tacks down to the Chrome, what's the success or failure in you? You it's always you. And some of you aren't equipped to |
| 317 | 01:06:23,550 --> 01:06:31,950 | accept that fact. You think it's gonna be? Well, it's gonna be convenient for me to blame ICT because he doesn't trade with iPhones. Whoa, whoa, something's |
| 318 | 01:06:31,950 --> 01:06:48,150 | wrong with that fucking excuse now, isn't it? It's gonna be real convenient to be able to blame this market today. I told you no trade this day. Oops. It's |
| 319 | 01:06:48,150 --> 01:06:56,370 | gonna be real convenient for some of you to say, Yeah, I tried to trade that I see bullshit. And watched a couple of videos, to be honest, was probably three |
| 320 | 01:06:56,370 --> 01:07:08,040 | of them. never took any notice. But this guy talks too much. He's full of shit. So that's the reason why I don't work. It's you, buddy. Hey, FS alanine, gotta |
| 321 | 01:07:08,040 --> 01:07:21,120 | make it in here. FS Allen is not going to make it in this industry. You have to pour yourself into it. And you have to have have a greater purpose in mind. That |
| 322 | 01:07:21,120 --> 01:07:31,680 | is not in limited to just you. When you're accountable to more than just you. You're going to trade differently. You're going to think about that risk |
| 323 | 01:07:31,740 --> 01:07:40,470 | differently. You're not going to say bucket man, it's 15 contracts. If I blow the account, it's just the reset shit. It's easy to do on this account. Now |
| 324 | 01:07:40,470 --> 01:07:53,010 | let's just go out it was the worst that can happen. The worst that could happen is you're creating this mindset that well, you know, I don't have to be all that |
| 325 | 01:07:53,010 --> 01:08:01,500 | diligent about what it is I'm doing. I can roll the dice like I'm at the casino. And if I get lucky and have a lottery win, look how cool it's going to be if I |
| 326 | 01:08:01,500 --> 01:08:12,540 | show my payout on this big exorbitant amount of money that wasn't acquired by skill Listen folks, people win the lottery all the time. It was no mental |
| 327 | 01:08:12,540 --> 01:08:23,100 | acrobats they require of them to be able to do that they foolishly spent their fucking money on this dumb shit and chances of that happening were so next to |
| 328 | 01:08:23,100 --> 01:08:38,400 | nothing but yet it happened for them. And I knew a person by his name is Butch stop it. Piper is going after me. You know Meeker will announce that is when |
| 329 | 01:08:38,400 --> 01:08:55,080 | these high dollar slips and on a mall tour. Materialism stopper girl This guy was a block layer of a brick. And he's if I have three teeth in his whole head. |
| 330 | 01:08:57,480 --> 01:09:10,530 | Bald, drove around with a trash bag duct taped over his passenger side window for years, never replaced it. Had a young young girl working at a laundromat and |
| 331 | 01:09:10,530 --> 01:09:20,070 | Middle River, a blond haired girl. She was the attendant and obviously he's too old for her. And you know he's probably dirty old man mentality. He'd go in here |
| 332 | 01:09:20,070 --> 01:09:29,160 | and play on their little slot machines and illegally they would pay out if he want happens a lot in the bars and stuff around here still today. But they got |
| 333 | 01:09:29,160 --> 01:09:36,960 | to trust the clientele that's being paid out. And he was one that they could trust that if he did it he get paid out. You're not making much. In fact, he's |
| 334 | 01:09:36,960 --> 01:09:45,360 | probably spending more money than he was actually getting out doing it. Long story short. He went out and said I want to get scratch off. And the girl that |
| 335 | 01:09:45,360 --> 01:09:59,280 | he had to fancy for said no Butch. The big game tonight is $30 million and took his dollar bill instead of buying the scratch off. This young lady processed the |
| 336 | 01:09:59,280 --> 01:10:14,760 | fucking A winning ticket. He Custer in the very next day, he's on the shoulders of max weight, which was his boss. carried around on the news. He's $30 million |
| 337 | 01:10:15,000 --> 01:10:26,520 | rich. What the fuck? Exactly? And the first thing he went out and did was bought himself a Ford Mustang a green ugly ass fucking convertible Mustang with a tan |
| 338 | 01:10:26,520 --> 01:10:34,530 | top pow fucking stupid. That's new money for you though, folks. Oh shit, I just made $30 million on a lot of you, man. Let me go out to the dealership. Tell |
| 339 | 01:10:34,530 --> 01:10:42,540 | them here's the proof I want because they'll do that. And it gave him the shittiest looking fucking Mustang I've ever seen in my life and everybody in |
| 340 | 01:10:42,540 --> 01:10:55,800 | neighborhood laughed at him. So what'd he do? He went out and got himself a Corvette convertible, red. I was envious his shit. That was pretty. That was |
| 341 | 01:10:55,800 --> 01:11:05,700 | pretty. That read would look good. And I'm like read. Still, everybody complained and said, Dude, what the fuck is wrong with you? You just made $30 |
| 342 | 01:11:05,700 --> 01:11:15,180 | million. You're buying that. Just like some of y'all. You made all this money selling mentorship ICT and you got these little glass Chevy Corvettes. Where's |
| 343 | 01:11:15,180 --> 01:11:25,710 | your big dollar cars? Well, if you know anything about Maryland, the roads around here. You just can't drive these really, really low profile cars without |
| 344 | 01:11:25,710 --> 01:11:38,070 | tearing them up. And Chevy's, their Corvette, that's my dream car. I don't want that on my life. Now I've been a Corvette man all my life. So he trades his |
| 345 | 01:11:38,070 --> 01:11:52,590 | Corvette in and gets himself an orange burst. Lamborghini Ooh, pretty pretty. Pretty fucking wide too, and got stuck inside the Taco Bell drive thru. tore up |
| 346 | 01:11:52,590 --> 01:12:08,640 | the fucking rams had to get pulled out by record. How about that? New money? New money you think that's stupid. He treated him once he got his rims fixed. Got a |
| 347 | 01:12:08,640 --> 01:12:20,040 | Ferrari. And didn't get the vibe that he was hoping for it. traded the Ferrari in for the same fucking Lamborghini that he gave up. They replaced the rims for |
| 348 | 01:12:21,900 --> 01:12:40,350 | now. What is that? That's Little pig. Number one. straw house. chastened ship. That means nothing. Nobody ended up doing still going in that laundromat? I |
| 349 | 01:12:40,350 --> 01:12:52,260 | think he got 13 and a half million dollars because he did the cash option. The outage on the annuity and still bet on that fucking little poker machine that |
| 350 | 01:12:52,260 --> 01:13:03,630 | wasn't gonna pay him anything. What do you really want? He wanted that girl. He knew what he got her. took her to Atlantic City. They stayed up here a couple |
| 351 | 01:13:03,630 --> 01:13:19,440 | times. And not to be crude, but he hit it and quit it. I've seen her in recent years. He's a mess. And he's been to Atlantic City. He's been through the local |
| 352 | 01:13:19,980 --> 01:13:27,690 | casinos here. And you probably saying What the hell does God do anything? This is what some of you are thinking like, and if you get these big payouts you're |
| 353 | 01:13:27,690 --> 01:13:37,560 | gonna have just like this guy. He spent in wasted millions of dollars in casinos. Trying to get more. You're not satisfied with 13 and a half million |
| 354 | 01:13:37,560 --> 01:13:46,830 | dollars 13 and a half million dollars friends, listen, you're set for life. You're done. You're done. If you manage it appropriately, your family can live |
| 355 | 01:13:46,830 --> 01:14:01,710 | off of that once you're gone. I'm not aware of where he's at today, because we're talking about something about 1012 years ago actually knew what my son |
| 356 | 01:14:01,800 --> 01:14:10,170 | Caleb is. Now we're talking about something 24 years ago, man Good grief. Tom really flew I don't know where he's at today. I don't know if he has any money |
| 357 | 01:14:10,170 --> 01:14:25,170 | left or not but he's chasing that moment. That feel good moment. And that's what I was talking about earlier that I lost track didn't know when you have a when |
| 358 | 01:14:26,370 --> 01:14:37,260 | you had these success stories. They're fleeting moments. They only last momentarily and they're gone. They're gone. And you have to go out and try to |
| 359 | 01:14:37,260 --> 01:14:47,880 | get something else something new. Some new candy to share with your friends. But you got to keep the bigger piece for yourself because greed. But you want |
| 360 | 01:14:47,880 --> 01:15:01,500 | everybody in the neighborhood say wow look at Tommy's bike. Shit. I wish I had a bike like that. Wow, look at him, man. He's stressed out look at his drip. Shit. |
| 361 | 01:15:02,280 --> 01:15:12,390 | His kicks are awesome. I'm gonna get a pair of them. I don't care what I got to sell on hawk. I'm gonna get that. That watch look at that watch. Wow, you spent |
| 362 | 01:15:12,390 --> 01:15:18,960 | that much man if I had a watch like that people would really respect me. Let me tell you something, folks, I have watched it cost more than anybody that's an |
| 363 | 01:15:18,960 --> 01:15:28,290 | influencer in YouTube finance for forex or futures. I've watched the cost more than their fucking houses, okay. I don't need to show you that. Who gives a shit |
| 364 | 01:15:28,290 --> 01:15:38,190 | about that? They're not they're not good investments. When the shit goes upside down, that watch is going to do nothing for me. Nothing. |
| 365 | 01:15:39,420 --> 01:15:45,180 | My Corvettes aren't gonna do shit for me. The money in the bank ain't gonna do nothing for me |
| 366 | 01:15:52,710 --> 01:16:09,120 | your greatest lessons are going to be through pain for the atheists in the crowd. If God was real, why does He allow suffering? Because we are stubborn. |
| 367 | 01:16:10,140 --> 01:16:18,660 | And we don't want to listen. Unless it's hurtin. You know, you shouldn't smoke you know, you shouldn't eat fast food shouldn't eat and McDonald's horseshit. |
| 368 | 01:16:20,700 --> 01:16:29,040 | And even food and you're nobody good for you. You sit down in front of a physician, they'll tell you, you shouldn't eat that stuff. It's bad for you. |
| 369 | 01:16:29,580 --> 01:16:39,420 | Yeah, no, Doc. But you know, in moderation, moderation, do use every fucking other day. Now I'm sudden, fast forward, you got bad health, your weight, |
| 370 | 01:16:39,540 --> 01:16:50,160 | cholesterol off the charts, blood clots, everything, you got everything wrong with you. Now all of a sudden, now you got chest pains. Now because you can't |
| 371 | 01:16:50,160 --> 01:17:00,810 | walk, cross the floor a little bit for your winded. Now you want to listen to the doctors advice. The Doctor, please give me the good news. Give me some good |
| 372 | 01:17:00,810 --> 01:17:14,940 | news. I need to feel good. If you listen to that position, and somehow turn your health around, we're going to remember most you stuffing your face with that |
| 373 | 01:17:14,940 --> 01:17:34,230 | poison, colonic food and convenience. Are you going to remember, this doctor saved my life and caused me to make a change in my lifestyle? Pain, pain. Nobody |
| 374 | 01:17:34,230 --> 01:17:43,590 | wants to exercise. Nobody wants to change their diet until they have a heart attack. Nobody wants to do things different. You know, I'll stop drinking and |
| 375 | 01:17:43,590 --> 01:17:55,500 | driving. If I ever get in an accident, you know something bad happens. Some of you just need that kind of drama before you pay attention or think about |
| 376 | 01:17:55,560 --> 01:18:05,370 | potential risks. But you're going to drive your car drunk with your kid in your car. Are you going to willfully go out and get yourself in a position where you |
| 377 | 01:18:05,370 --> 01:18:15,210 | can get drunk knowing that you're gonna drive your own child around with you? If you're saying you would never make that decision, but if you're by yourself, you |
| 378 | 01:18:15,210 --> 01:18:25,500 | don't have any accountability to anyone. You're gonna do what many people do to get out and get in Newbury ated. self medicating themselves because they hate |
| 379 | 01:18:25,500 --> 01:18:34,140 | their life. They've made their choices in life and they're too lazy to change. I mean, it is what it is and you go and you drive drunk. Make it lucky make your |
| 380 | 01:18:34,140 --> 01:18:51,270 | home safely one time. You might not. I have family members that are gone now because of drunk drivers. But those life choices have painful consequences. And |
| 381 | 01:18:51,270 --> 01:19:05,520 | they are the most impactful learning experiences. You never learned anything by winds. You never learned anything but a sweet sweet savour of profit. It's |
| 382 | 01:19:05,550 --> 01:19:26,490 | always taught in drawdown. It's always learned in loss that's why suffering is permitted. Spare the rod spoil the child. Your best learning comes from getting |
| 383 | 01:19:26,490 --> 01:19:38,850 | your favorite when you touch that pot. Your parent told you don't touch that hot. What's that mean? Yeah, you know, now you know welcome the fuck around and |
| 384 | 01:19:38,850 --> 01:19:53,580 | find out population increase by one. That's the reason why suffering exists. And you should not be hate hateful or spiteful. When you have losing trades, because |
| 385 | 01:19:53,580 --> 01:20:01,950 | there are opportunities for you to improve. You're in drawdown accounts and someone had sent a tweet. I'm so disgusted with myself. have lost 50% of my |
| 386 | 01:20:01,950 --> 01:20:13,080 | account last few days trying to do something. Isn't that another thing? Well, what's the rule around here? We don't put them on pissing and moaning, our |
| 387 | 01:20:13,080 --> 01:20:22,500 | failures. You want to be a failure do that. Because all your attention, your energy, and time is being devoted to something, it's not going to yield any |
| 388 | 01:20:22,500 --> 01:20:24,240 | fruit to you at all except for rot. |
| 389 | 01:20:31,109 --> 01:20:46,109 | Embrace it. So you know what, I don't have it figured out yet. I'm not discouraged. I am excited. I'm excited how I'm going to take these piles of shit |
| 390 | 01:20:46,289 --> 01:20:56,219 | that I just simply wait around, let them calcifying become hard. And I'll use them like a fucking stepping stone and I'm going up. I'm not going to struggle. |
| 391 | 01:20:56,699 --> 01:21:07,499 | We're gonna wait around in this shit. I'm gonna sit still. And that shit will harden up. And step on top of it. This legacy, man, it'll carry you to a higher |
| 392 | 01:21:07,499 --> 01:21:19,139 | plateau. You can always buy new fucking shoes later on when you can afford it right now. It is what it is. Everything is temporary folks. Everything. And |
| 393 | 01:21:19,139 --> 01:21:31,979 | success, if you allow it to be to can be temporary. You don't want temporary success. You want to have a life experience where you have so many milestones |
| 394 | 01:21:31,979 --> 01:21:40,769 | that you look back on and say, at the time when I was walking into this, and it wasn't happening to me and I was feeling the pain and the struggle. I felt like |
| 395 | 01:21:40,769 --> 01:21:51,779 | it was the end I had to quit. But something inside me said you know what, this is a learning opportunity. It's just like a bad day at work. You still got bills |
| 396 | 01:21:51,779 --> 01:22:06,479 | to fucking pay? Suck it up, buttercup. You got somebody that's depending on you. You don't have a child, okay? You do. It's your future self. Are you trading |
| 397 | 01:22:07,049 --> 01:22:20,219 | with your future self in mind? Because you probably aren't. You're recklessly gambling. You're trying to do Mickey Mouse shit. And then bitching about, well, |
| 398 | 01:22:20,249 --> 01:22:31,229 | you're getting cartoon results. Better what you're doing, you're out here looking at people trying to be icons in industry, and they're all comic strips. |
| 399 | 01:22:32,969 --> 01:22:44,489 | They're comic strips. They're fucking cartoon figures. Okay, these people have no wisdom, they have no experience in being successful long term. But they're |
| 400 | 01:22:44,489 --> 01:22:57,299 | going to be your source, you're going to draw from them like a well, in the water is tainted. They're lying to you. They're giving you piss poor advice. And |
| 401 | 01:22:57,299 --> 01:23:12,869 | they're giving you the image routine. Hoping that that'll distract you long enough, so you can keep them getting paid. I want to see what you all do. I want |
| 402 | 01:23:12,869 --> 01:23:27,659 | to see how you live, whose lives you impact what you do with it once you're there. I enjoy doing this. But I have the latter part of my life to sit back and |
| 403 | 01:23:27,659 --> 01:23:43,889 | observe what my students do with this. How do you live your life? Do you live your life like an asshole? Are you a pillar in the global community where you're |
| 404 | 01:23:43,889 --> 01:23:56,159 | not trying to be all about you? Are you making an investment other people's lives? Are you impacting other people's lives in a positive way? That's why I'm |
| 405 | 01:23:56,159 --> 01:24:09,119 | doing this. I know all the things I have in this world is bountiful. And blessed. I am absolutely blessed Father, I'm so thankful that you favored me. |
| 406 | 01:24:09,839 --> 01:24:21,749 | And deservingly I did not deserve any of these things. I did not deserve to be chosen to have this understanding. In many times, I fall on my face as an |
| 407 | 01:24:21,749 --> 01:24:38,489 | advocate for him. Because I don't have the ability to control myself sometimes. But I don't think that he chose me foolishly he knows my heart he knows my |
| 408 | 01:24:38,489 --> 01:24:49,769 | intentions. And when I talk to you this way, in a in a manner in a capacity that is not yielding anything monetarily to me it's not giving me anything except for |
| 409 | 01:24:49,769 --> 01:25:03,089 | peace of mind knowing that I've instilled in you experience, wisdom, life experience that unless you go through these painful events You may not be of the |
| 410 | 01:25:03,089 --> 01:25:13,139 | mindset that the seat is a learning experience, it could be the ticket out of here and you don't ever want to do it again. That wasn't for me. I took lots of |
| 411 | 01:25:13,139 --> 01:25:26,579 | breaks, and I call it a quitting. But there's a lot of wrong ways to do this stuff. And it's always packaged as the easier shortcut. There is no shortcut. |
| 412 | 01:25:27,509 --> 01:25:40,649 | There's no way around the hard one step in front of the other journey. That's Piper chewing up a pair of swimming goggles. My son came which won't be upset |
| 413 | 01:25:40,649 --> 01:25:50,879 | about that, but serves him right. He left them on the ground. I told him to pick them up life lessons, he'll remember that now. He paid for it with his money. |
| 414 | 01:25:53,459 --> 01:26:01,619 | You're terrible father, you're letting your dog Chiapas thing. Save your parenting advice. I have children that aren't doing what I want them to do. |
| 415 | 01:26:01,649 --> 01:26:16,619 | Hardship is a lesson to good taskmaster. He's not going to want for anything, you know, he has to go out and buy another pair of goggles. So anyway, there's a |
| 416 | 01:26:16,619 --> 01:26:28,349 | lot of wolves out there that are wearing sheep's clothing. They look gentle, they look approachable. I want to go home. Pet that. That sheep. This person out |
| 417 | 01:26:28,349 --> 01:26:40,139 | here real quiet. Do anything negative to say they're always positive by my correspond my bullshit? Are they really what you think they are? Or are they a |
| 418 | 01:26:40,139 --> 01:26:58,679 | wolf? I don't know. That's for you to determine and decide and experience on your. Throughout this life, I've been a lamb. I've been one of these little pigs |
| 419 | 01:26:58,679 --> 01:27:13,289 | and little pigs. And I jumped from one thing to the next. And I live in a house of bricks now. It's rooted in my faith and the creator who obviously made this |
| 420 | 01:27:13,649 --> 01:27:22,679 | accessible to me, because if he didn't want me to have it, I wouldn't have it. I would fail in front of all of you. And I wouldn't have anybody doing anything |
| 421 | 01:27:22,709 --> 01:27:37,529 | with the transferable knowledge that I've made available to all of you. And I know what my reward is because I live my life through helping all of you. It's |
| 422 | 01:27:37,529 --> 01:27:52,289 | not always easy. Being out here in front of you like this where I'm unfiltered. Many times and today's not one of them, though. But many times I've cringed at |
| 423 | 01:27:52,289 --> 01:28:01,799 | my presentation. And some of you like those the most. I don't like them. They're embarrassments to me. But I did very, very |
| 424 | 01:28:07,140 --> 01:28:18,270 | my best I did my best today to try to stay on focus. And try not to go off the rails. But I did a few times. But I was able to fall back in. I wanted to do a |
| 425 | 01:28:18,270 --> 01:28:29,460 | whole lot more of leaving. But I think there was an audience that heard what they needed to hear today may not be for all of you. But it's okay. And like I |
| 426 | 01:28:29,460 --> 01:28:40,200 | said, Alex, he inspired this one today with his comment about how he wanted to lose. And that self punishment. And I want you to think about that. In closing, |
| 427 | 01:28:40,200 --> 01:28:49,050 | I want you to think about how, if you're in the trade, if you're about to take the trade, and you know that you should be somewhere else doing something else. |
| 428 | 01:28:51,210 --> 01:28:58,860 | Don't trade because your mind is not going to be on falling price action, you're not going to be following the institution order flow, you're not going to |
| 429 | 01:28:58,860 --> 01:29:06,600 | checking continuously. If the signatures are supporting your trade idea, you're going to be thinking about, I wish I would have done this, I better take care of |
| 430 | 01:29:06,600 --> 01:29:12,960 | this as soon as the straits that I'm gonna go do that very thing. But right now I got this to worry about and then all of a sudden your subconscious rises up |
| 431 | 01:29:13,980 --> 01:29:33,300 | and says you know what? You need to learn some humility today. And you allow it. You invite it and you encourage it. Knowing at that very moment that you know |
| 432 | 01:29:33,300 --> 01:29:44,760 | that you have lost the plot. You know that that trade is next to 100% going against you. It's not going to pan out. But what do you do? You stay with it. |
| 433 | 01:29:46,440 --> 01:29:58,290 | You stay with it. You're applying the mindset that you should subscribe to when you are following your rules and your model. You're applying it there see how |
| 434 | 01:29:58,290 --> 01:30:13,080 | that Miss wiring in your head It is. It's self inflicted, you need to elevate the purpose behind why you're trading a specific model that you trust that |
| 435 | 01:30:13,080 --> 01:30:20,760 | you've seen the fruits of it by back testing, does it really exist? Some of you don't believe it, you just hear me say it. And if I say it, then it must be the |
| 436 | 01:30:20,760 --> 01:30:34,620 | truth. And I'd always challenge all of you don't believe what I say. Go into the charts and see it for yourself. Because once you see it, no one, not any one is |
| 437 | 01:30:34,620 --> 01:30:48,540 | going to be able to convince you otherwise. And that is strength. That's not just confidence, that is strength. That's power. You can tap into that any time. |
| 438 | 01:30:50,010 --> 01:30:57,870 | No one can strip that away from you. No one can take it from you. No one can rewrite it. They can't discount it. They can't replace it with some other Mickey |
| 439 | 01:30:57,870 --> 01:31:07,410 | Mouse horseshit indicator based ports it that doesn't make any fucking money long term gimmicks we don't have them here |
| 440 | 01:31:15,510 --> 01:31:24,060 | you have to find your purpose for following that model. And when you know what it is the same way that you can hold on to a losing trade and had the conviction |
| 441 | 01:31:24,060 --> 01:31:32,100 | to hold on to it. Come hell or high water. I don't give a shit what these fuckers do market maker this bitch. I'm not getting out. How about that? Oh, |
| 442 | 01:31:32,100 --> 01:31:42,330 | yeah, you're going for my stop. Fuck you. I'm taking it off. I'm going to show you well. Well done. Well done. 35% drawdown well done. Nobody could have done |
| 443 | 01:31:42,330 --> 01:31:59,850 | better than you, man. Look at that. No one's doing it like you. Ah, yeah. What happens if you really listen? What happens is really, really listen. And you put |
| 444 | 01:31:59,850 --> 01:32:08,970 | some measure of accountability on yourself. Now that talked about stressing yourself out, I'm talking about real accountability, where you're doing things |
| 445 | 01:32:08,970 --> 01:32:19,530 | for the purpose of not only in bettering yourself. But something outside yourself. It could be a relative, it could be a spouse, it could be a |
| 446 | 01:32:19,530 --> 01:32:35,340 | relationship, girlfriend, boyfriend could be a niece or nephew. My one night one niece, she's. She's in a foster home. And it's my wife's sister who had way too |
| 447 | 01:32:35,340 --> 01:32:43,620 | many children for all the wrong reasons, and doesn't have any of them now she lost custody alone. And you process too much personal stuff now. It is what it |
| 448 | 01:32:43,620 --> 01:32:55,230 | is. But she has two daughters. Two different fathers. And they grow up in a household by white folks. And they're biracial. They're beautiful girls, they're |
| 449 | 01:32:55,230 --> 01:33:04,890 | absolutely beautiful. White people want to have the color of their skin. Okay, they're just, they're absolutely lovely. They're they're pretty, they're well |
| 450 | 01:33:04,890 --> 01:33:18,540 | behaved, but their parents or parents had no interest in them. So we were going to take them both in. And she chose to go with one of her friends, her friends, |
| 451 | 01:33:18,720 --> 01:33:33,120 | at schools, parents, I thought that one of them. And the younger of the two are with their grandparents. The older one, she is about to graduate high school and |
| 452 | 01:33:33,120 --> 01:33:44,580 | start college. And you know me I've done always said, college is a scam. Okay, and you're not guaranteed a job outside of the college. I'm a living testimony |
| 453 | 01:33:44,580 --> 01:33:54,090 | to that advanced extracurricular activity in terms of education. And even with a high GPA, it still didn't do well. So none of that stuff as promised none of it. |
| 454 | 01:33:54,150 --> 01:34:00,720 | And you all think that that's a barrier for you to not to try to trade Oh, nothing's guaranteed and you might lose your money. You might do it. Yeah, |
| 455 | 01:34:00,750 --> 01:34:09,570 | everything's a potential risk. You might die on your way to work tomorrow. Or Monday, whatever it is, God forbid nothing that no man has promised tomorrow. |
| 456 | 01:34:10,140 --> 01:34:24,630 | You aren't I'm not. But my niece. I told her when I bought the 2019 Corvette I told her I said it was in June of 2017. It was a company lease that I've since |
| 457 | 01:34:24,630 --> 01:34:34,830 | paid off, but the I took her for a ride and I told her I said listen, when you get to school, as long as you have not done anything foolish with your life, |
| 458 | 01:34:34,830 --> 01:34:42,840 | don't get into the drugs. Don't get hemmed up with some boy. Don't be getting pregnant and we don't know stupid things that most people do at your age. If you |
| 459 | 01:34:43,200 --> 01:34:53,100 | get to that point, I will get you your first car. And I'll help you if you want to go to college. If you want to do that. That's fine. But don't make any |
| 460 | 01:34:53,100 --> 01:35:05,340 | portrait choices with your life early on. Well, she graduates next year. She got a really high GPA. She She's in sports. She's a beautiful young woman. And I |
| 461 | 01:35:05,340 --> 01:35:16,290 | can't wait to invest in her. Because I want her there, I want her to have every advantage. I was hoping that we could adopt her. But, you know, friends are |
| 462 | 01:35:16,290 --> 01:35:24,870 | friends. And I guess if you have a friendship that's started with the younger ages and lower grades, it becomes like a sisterhood type thing. So she chose |
| 463 | 01:35:24,870 --> 01:35:33,840 | there, for the most part, and they've done so well. They don't live very lavishly. And I've been wanting to do a lot of things for but because if I did |
| 464 | 01:35:33,840 --> 01:35:42,840 | that, I would feel obligated to do that for the other kids that they have. And I don't really like their father. Not that he's done anything to her. But I just, |
| 465 | 01:35:43,830 --> 01:35:50,790 | I can't wait for her to get to that point. Because I'm going to have her set up, she's going to be having every advantage given to her. That's what I'm talking |
| 466 | 01:35:50,790 --> 01:36:01,470 | about. Have something that you're accountable for outside yourself. It's easy to find that. Go out and find somebody that is in need of something. You want to |
| 467 | 01:36:01,470 --> 01:36:15,210 | learn how to trade really, really good. Find someone that you're going to invest 30% Yeah, 30% after taxes, you're gonna invest in them to acquire something for |
| 468 | 01:36:15,210 --> 01:36:26,850 | them. But don't let them know about it. That doesn't build entitlement mindset. And then, and when you have it together for him, you bless him with it. You have |
| 469 | 01:36:26,850 --> 01:36:39,870 | no idea what that feels like. That sense of purpose. That sense of accomplishment. It feels so much better than just you making money in trades. It |
| 470 | 01:36:39,870 --> 01:36:54,720 | doesn't make any difference. Makes no difference at all. None. When you compare it to this I was making over $560,000 a week. Week when I was doing my |
| 471 | 01:36:54,720 --> 01:37:06,870 | mentorship that shit don't feel like nothing compared to going out and buying someone their groceries when we're in a grocery store. You can see you read them |
| 472 | 01:37:07,050 --> 01:37:15,390 | their face. They don't have the money that the pay for that stuff right now. And you watch them as you're walking through. I'm like a shark going into the house. |
| 473 | 01:37:16,980 --> 01:37:24,180 | And I'm looking for that person. Every time I'm there. I'm always looking for that person. Somebody in there. I'm going to read them. And their face you can |
| 474 | 01:37:24,180 --> 01:37:33,870 | see on there as they're talking to themselves whispering they see the sticker price on something. box of baking soda. This is what most recently happened. A |
| 475 | 01:37:33,870 --> 01:37:45,030 | box of baking soda. Folks think about that. That's nothing. That is nothing. Cigarettes cost more than that stuff. Is one woman picks it up, looks at the |
| 476 | 01:37:45,030 --> 01:37:53,280 | price and shakes her head and puts it back. Now I don't know what she's wanting to buy that baking soda for? Is it something that she really needs? Is she |
| 477 | 01:37:53,280 --> 01:38:03,390 | making cookies with it? Is she trying to refresh her refrigerator with it, she tried to clean it stovetop with lemon juice with I don't know. But when they are |
| 478 | 01:38:03,390 --> 01:38:13,410 | going up to the register, I'm trying to get myself in a position where I'm ready to be right behind them. That's the purpose is not because I'm going here to get |
| 479 | 01:38:13,410 --> 01:38:24,150 | milk and bread. Iosef means the bus. That's not why I'm there. I'm there to show up just the right time to be an encouragement to them. That's what I'm doing. |
| 480 | 01:38:25,230 --> 01:38:33,870 | I'm not bragging, I'm not trying to take my reward from the times I'm doing. I'm trying to encourage you to do something like this. And tell me what it feels |
| 481 | 01:38:33,870 --> 01:38:47,670 | like afterwards, because it feels freaking great. When you're right behind her. And she's up there. And she's got her card. You know I'm talking about and she's |
| 482 | 01:38:47,670 --> 01:38:57,990 | got her head down and she's putting her little pin in looking at being looked at by everybody judging her. Look at you drain on society. Folks, I grew up on |
| 483 | 01:38:57,990 --> 01:39:10,500 | welfare. I grew up on it. My family, I didn't have a lot of money. I know what it's like to have that kind of stuff and need it. And you come up behind them. |
| 484 | 01:39:11,070 --> 01:39:21,210 | And you whisper to the cashier. Don't let her pay for it. And he canceled the transaction. And you place that box of baking soda the biggest box it's on the |
| 485 | 01:39:21,210 --> 01:39:31,620 | shelf. And you say don't worry, it's it's covered. And they turn around they start crying. And he looked around like it can't be happening. |
| 486 | 01:39:36,720 --> 01:39:48,780 | If you trade if you try to succeed to make more for yourself, that's all we'll ever be. And you will never be satisfied. No amount of money is but even the |
| 487 | 01:39:48,780 --> 01:40:01,380 | smallest even the smallest insignificant amount of money that you help someone with at a time when they don't even expect it ever happened. It's You walk into |
| 488 | 01:40:01,380 --> 01:40:12,570 | their life rate that that moment, you're like an angel to them. You don't think it, the father is going to give you a reward for that. Everything I have down |
| 489 | 01:40:12,570 --> 01:40:28,560 | here is nothing. It's nothing. It's all loss, compared to what I'm trying to get later on when I'm not in this flesh. If you do conduct your life like this, and |
| 490 | 01:40:28,560 --> 01:40:40,350 | you try to reach other people's hearts, encourage them, let's say, turn into traders. I didn't say, hey, look on my YouTube channel. It didn't happen. But |
| 491 | 01:40:40,350 --> 01:40:52,650 | these people are at their wit's end, they can't make ends meet. What is she doing without that day? What is she trying to put off on, you know, I don't need |
| 492 | 01:40:52,650 --> 01:41:03,810 | that. So and so I can afford it right now. And when he grab a hold of you, and he squeeze you, and thank you, they don't know who you are. But they're so |
| 493 | 01:41:03,810 --> 01:41:12,930 | thankful that you stepped in their life at that very moment, let me tell you something, that, that right there, you tap into that. And you want to be |
| 494 | 01:41:12,930 --> 01:41:23,190 | successful things like that. There is no limit. There is no fear. Because you're going to trade differently, you're going to think about things differently. |
| 495 | 01:41:23,190 --> 01:41:40,920 | Because it's not your money. It's not your money, then you'll be a better steward with it. You'll live a Purpose Driven Life. And those moments, those |
| 496 | 01:41:40,920 --> 01:41:55,020 | last forever. Those moments, she's gonna go home, she's gonna tell her husband, hey, you ain't gotta believe this, you're not gonna believe this. I saw how much |
| 497 | 01:41:55,020 --> 01:42:02,970 | baking soda was, I couldn't believe I just couldn't, I couldn't justify spend that much on it, I put it back on the shelf. And this guy comes out of nowhere, |
| 498 | 01:42:04,320 --> 01:42:14,130 | pays for the groceries I have in here and puts a bigger box of baking soda up here and says it's covered. I would love to be a fly on the wall in that |
| 499 | 01:42:14,130 --> 01:42:25,710 | conversation. I would love to be a part of that moment where they share that testimony. And the Lord empowered you, me, whoever else that does these types of |
| 500 | 01:42:25,710 --> 01:42:32,010 | things gets all the glory. You're spending it wisely. |
| 501 | 01:42:38,430 --> 01:42:50,490 | So I want you to think like that. Think outside yourself. Because it's really ugly. And when it's just about you. It's not sexy, it's not cool. It's not |
| 502 | 01:42:50,490 --> 01:43:06,120 | encouraging. It's it's disgusting. There's no fruit in it. It just looks good out really to people that think it is worthwhile. But when you buy nice cars, |
| 503 | 01:43:06,150 --> 01:43:23,220 | trucks, boats, RVs, homes plural. That stuff wears off real fast. And that's why rich people that keep buying stuff all the time. They're miserable. Because they |
| 504 | 01:43:23,220 --> 01:43:38,340 | have no purpose. They serve no purpose in this world except for self gratification. And what people think of them. And I'm leaving. Right before I |
| 505 | 01:43:38,340 --> 01:43:47,430 | become bigger than I want to be I'm already really too too big for my britches in terms of the attention. I don't like all this attention. And I want to make |
| 506 | 01:43:47,430 --> 01:43:52,890 | sure you may not be able to hear me as a couple jets going over top. me a second here |
| 507 | 01:44:02,040 --> 01:44:21,060 | someone's going on somewhere in style. I'll be in I'll be on the wings. That's given to me by the Lord. I'm not going up here no more. But I lost my train of |
| 508 | 01:44:21,060 --> 01:44:34,740 | thought. Yeah, I don't I want to leave before it gets any bigger than this. To me, people talk about me, even the supportive perspectives. And I have none on |
| 509 | 01:44:34,740 --> 01:44:46,470 | this don't want to be that I don't want to be that. And hopefully, in November you will all have received what you were wanting to receive from Me. And most of |
| 510 | 01:44:46,470 --> 01:44:54,450 | you that don't think that you did receive it are the ones who's gonna have to go back through the content, the notes that you've taken if you've done so, and do |
| 511 | 01:44:54,450 --> 01:45:02,790 | a lot of self reflection, because that's what's holding you back. It's not for lack of trying on my part. It's not For lack of providing the content, I did not |
| 512 | 01:45:02,790 --> 01:45:12,180 | hide it from me. I've laid it out here for you. I've proven it to you. I've shown you a live account. I've shown you with executions, both demo I've talked |
| 513 | 01:45:12,180 --> 01:45:22,320 | about before it happened. You've seen it, you've handled it now. You don't need any further evidence did go into further investigation for yourself to be able |
| 514 | 01:45:22,320 --> 01:45:31,890 | to apply it. But you're gonna have to allow yourself the time and give yourself permission to not be able to pick it up right away. Because that's normal. It's |
| 515 | 01:45:31,890 --> 01:45:40,290 | gonna feel complicated for the lazy folks. Oh, it's the perfect excuse for laziness is too complicated. It's over complication. It's not complicated. But |
| 516 | 01:45:40,290 --> 01:45:47,460 | if you want to know why it does what it does that I teach that, if you want to go in and start finding something that gives you setups I've already done that |
| 517 | 01:45:47,460 --> 01:46:01,230 | to 2020 model, silver bullet. Mo now, you have no excuses. Multiple setups, I mean, give you a one trick pony. I mean, you can apply to every trading session, |
| 518 | 01:46:01,710 --> 01:46:11,340 | any asset, every asset class, it's not limited to any one particular approach to trading. You can apply it to different timeframes. You can apply it to whatever |
| 519 | 01:46:11,340 --> 01:46:17,640 | I'm not going to cosign crypto, it's the only thing I said I wasn't going to do because I don't have experience despite the fact that I have students that swear |
| 520 | 01:46:17,640 --> 01:46:28,230 | by it. I can't say hey, because they said so. But in disclosure, I say that, but I have no evidence to support that personally. So therefore, I can't say |
| 521 | 01:46:28,230 --> 01:46:42,600 | anything like that. But in stocks, yes. In futures, yes. Commodities. Yes. Bonds, yes. currency futures. Yes. index futures. Absolutely. So hopefully |
| 522 | 01:46:42,600 --> 01:46:52,020 | you've got something out of this today. Hopefully, I've built you up and gave you some things to think about and take inventory in your personal life and why |
| 523 | 01:46:52,020 --> 01:47:00,120 | are you trading? And what is your success for? It's just for you. Don't be surprised why it's so hard. Until next time, |