056-ict-tw-spaces-2023-10-14-When-Motivation-Becomes-Impulse

Last modified by Drunk Monkey on 2024-09-25 09:01

1	00:01:09 --> 00:01:15	ICT: Good gracious man, it's still a good morning. So I think I think I
2	00:01:15 --> 00:01:21	figured out what's going on, every time I schedule a Twitter space and then try
3	00:01:21 --> 00:01:26	to start it up, it acts up. But if I just start one right on the fly, it
4	00:01:26 --> 00:01:31	seems to be fine. So I guess if we do any more space between now and November
5	00:01:31 --> 00:01:34	11, it'll just have to be one of those guerrilla attacks where you just don't
6	00:01:34 --> 00:01:40	know when it's coming. And there is a spring and I'd be doing all all there,
7	00:01:40 --> 00:01:48	well, this fine Saturday morning, hope you're safe and in good spirits. I am,
8	00:01:49 --> 00:01:55	admittedly, a little tired, stayed up all last night, working on some things
9	00:01:55 --> 00:02:01	in my writings. getting prepared because we're getting real close to that 1
10	00:02:01 --> 00:02:07	million mark on on YouTube, which is insane. At the time of this Twitter
11	00:02:07 --> 00:02:16	space at 877,000 followers, which is absolutely incredible. And it's it's
12	00:02:16 --> 00:02:20	really intimidating, when I think about it, it's a lot of a lot of folks all
13	00:02:20 --> 00:02:25	around the world listening to my talk about things that can change their
14	00:02:25 --> 00:02:28	entire legacy and family tree in terms of financial.
15	00:02:34 --> 00:02:39	The topic this morning, immediately, I'd have a hard time finding something to
16	00:02:39 --> 00:02:43	talk about. And it's probably sounds strange. But I've been preoccupied since
17	00:02:43 --> 00:02:48	last Friday, with following along the events and listening to people that
18	00:02:48 --> 00:02:57	actually are over there, in Israel and in Gaza. I have students from both
19	00:02:57 --> 00:03:05	groups, and both of them want me to talk about things and defend each side. So
20	00:03:05 --> 00:03:08	I'm gonna make a blanket statement here in two sentences. And then that's all
21	00:03:08 --> 00:03:17	I'm gonna say about it. Okay. What you're doing is prophesied. I don't have
22	00:03:17 --> 00:03:23	an answer for it. And I pray for both of you. Because there's children that are
23	00:03:23 --> 00:03:30	suffering, adults, they can make these decisions to war. But the children don't
24	00:03:30 --> 00:03:37	have that they're taught to do these things. And it's both sides. So that's
25	00:03:37 --> 00:03:47	my statement on it. But the the topic this morning, came to mind when I
26	00:03:47 --> 00:03:56	thought about my son. Where as a new trader, maybe as a new student, someone
27	00:03:56 --> 00:04:01	that's trying to dabble into technical analysis and trading and seeing who has
28	00:04:01 --> 00:04:05	what is appropriate for them. Because not everything that I teach is going to
29	00:04:05 --> 00:04:11	be appropriate for everyone. And for most of you, you when you come in, if
30	00:04:11 --> 00:04:14	you've ever listened to anybody else, teach or talk about the markets, as soon
31	00:04:14 --> 00:04:21	as I dropped the, the idea, or suggested the idea or make the case that there is
32	00:04:21 --> 00:04:26	at 100% manipulation and control the markets and it's algorithmic. And before
33	00:04:26 --> 00:04:29	electronic trading became a thing, it was a group of men that actually
34	00:04:29 --> 00:04:35	controlled price. And they worked there, the real market makers when they was
35	00:04:35 --> 00:04:42	automated, and turned to electronic format, their scripts that run and I
36	00:04:42 --> 00:04:47	don't know why it's so hard for people to accept this but but I understand that
37	00:04:47 --> 00:04:52	it goes against the brain that's been established in this industry because so
38	00:04:52 --> 00:04:56	many people have titles and so many people have accolades that were given
39	00:04:56 --> 00:05:02	because of whatever they've done, and they attributed it to The previous
40	00:05:02 --> 00:05:06	archaic idea is that the markets are buying and selling pressure or supplying
41	00:05:06 --> 00:05:11	demand factors. And it's not, it's manipulation, control sentiment. And
42	00:05:11 --> 00:05:15	unseating those individuals for the purposes of fleecing them and taking
43	00:05:15 --> 00:05:19	their position over and then taking the money. So that's really what it's all
44	00:05:19 --> 00:05:26	about. It's war. It's warfare, basically, and deception. So if you
45	00:05:26 --> 00:05:34	understand going into that it's not shocking. It's, it's armed use that way
46	00:05:34 --> 00:05:38	you come in with the right mindset so that we're not worrying about your
47	00:05:38 --> 00:05:44	system being perfect, you're more concerned about not falling victim to
48	00:05:44 --> 00:05:50	what is predominantly used against retail thought. But as a new trader, as
49	00:05:50 --> 00:05:55	a new student, or someone that's trying to do it, it's really easy to get
50	00:05:55 --> 00:06:01	motivated in the beginning. Seeing other people show you their results, seeing
51	00:06:01 --> 00:06:07	students getting interviewed and talking about how empowered they feel, in taking
52	00:06:07 --> 00:06:11	money out of marketplace, and being able to spend it not to simply have some kind
53	00:06:11 --> 00:06:16	of Market Replay report, which can't spend money on or a demo account, which
54	00:06:16 --> 00:06:22	we're not paying taxes on demo. And you can't pay your bills on that. You can't
55	00:06:22 --> 00:06:26	pay your bills, and take your spouse or significant other over to a nice
56	00:06:26 --> 00:06:31	restaurant once a month. And not think too much of it because of a paper or
57	00:06:32 --> 00:06:40	tape reading event, those results. Don't pay the bills. So when you finally get
58	00:06:41 --> 00:06:49	to the point where you want to try to do this, and you feel motivated. A strange
59	00:06:49 --> 00:06:53	thing takes place when you're out there watching price action live. And when you
60	00:06:53 --> 00:07:00	know, there's a likelihood of a big news driver coming out something that we call
61	00:07:00 --> 00:07:07	a volatility injection, which is a red folder, event on the calendar. You can
62	00:07:07 --> 00:07:13	use the econo day, or you can use the Forex factory calendar, I use those
63	00:07:13 --> 00:07:20	interchangeably. But going back years and years and years ago, before Forex
64	00:07:20 --> 00:07:27	was available to us, as traders, a common day. And the equivalent was
65	00:07:27 --> 00:07:31	always the economic calendar. Everybody wanted to but I liked the format for
66	00:07:31 --> 00:07:36	forex factory because it was easy for me to snatch those and share them as a
67	00:07:36 --> 00:07:40	screenshot to students when I was just just teaching predominantly the forex
68	00:07:40 --> 00:07:48	market. Well, when we have these motivations in the beginning, as a new
69	00:07:48 --> 00:07:52	interested party and speculation, learning how to trade, learning how the
70	00:07:52 --> 00:07:57	markets book price and how to engage it and try to seek a pattern, a model and
71	00:07:57 --> 00:08:02	approach to trading plan something to get you into a trade help you manage it,
72	00:08:02 --> 00:08:10	control your impulses. Aiming for a result that is hopefully gainful at the
73	00:08:10 --> 00:08:14	end. And if not, not as much of a painful loss that would be so
74	00:08:14 --> 00:08:20	debilitating, they would remove your interest or remove the motivation. But
75	00:08:20 --> 00:08:26	when you are watching Real Time, live price action, whether it's tape reading,
76	00:08:27 --> 00:08:31	whether it's demo trading, whether it's trading, a combine and trying to get a
77	00:08:31 --> 00:08:38	funded account passed, or trading a funded account. Or live your money at
78	00:08:38 --> 00:08:46	risk. It's a weird phenomenon that takes place where all the motivation that led
79	00:08:46 --> 00:08:50	up to you wanting to do this now you're here, you're at the you're at the you're
80	00:08:50 --> 00:08:54	at the dance now. Okay, you're just sitting there and you're watching price
81	00:08:54 --> 00:08:59	action real time, you're not studying it in hindsight and back testing. You are
82	00:08:59 --> 00:09:03	now met with the uncertainty of that hard right edge and you don't know where
83	00:09:03 --> 00:09:11	it's gonna go. And if you subscribe to an opinion, that opinion may be
84	00:09:11 --> 00:09:15	challenged immediately, as soon as you associated to whatever you see in the
85	00:09:15 --> 00:09:24	charts. And that motivation sometimes can become impulse. Everything that you
86	00:09:24 --> 00:09:29	try to do in the beginning, that leads you into the idea of pursuing
87	00:09:29 --> 00:09:34	profitability. This is your career. This is your secondary income. This is your
88	00:09:34 --> 00:09:39	retirement plan. This is your get rich, program, whatever it is, all of you're
89	00:09:39 --> 00:09:44	going to have different views about why you're doing this. You want to impress
90	00:09:44 --> 00:09:51	your in laws. I always found that very amusing when in 1995. I heard Larry
91	00:09:51 --> 00:09:56	Williams, you talk about that. That's when he would do seminars, you know,
92	00:09:56 --> 00:09:59	live events where people would be there and he's teaching them they would send
93	00:09:59 --> 00:10:03	out quite snare in the beginning. You know, what are you trading for? Like,
94	00:10:03 --> 00:10:07	what? Why are you trading? And he said, it was fun to read a lot of the
95	00:10:07 --> 00:10:10	responses and people would say like new to the prove the my mother in law I was
96	00:10:11 --> 00:10:17	you really worth it for their daughter to be married to him, right? I mean, all
97	00:10:17 --> 00:10:23	of us have the secondary reasons to get in. And I had that. That's the, that's
98	00:10:23 --> 00:10:26	the real reason why I got into it. And that's why it made, it made me laugh
99	00:10:26 --> 00:10:32	when I first heard it, but also was pulling back in as an audience of one
100	00:10:33 --> 00:10:37	watching his VHS tape in 1995. It made me feel uncomfortable, because he nailed
101	00:10:37 --> 00:10:41	me right there. Because that's why I started trading. The whole reason why I
102	00:10:41 --> 00:10:47	started in pursuing it was I wanted to be better and bigger than everybody else
103	00:10:47 --> 00:10:53	thought I would be or am. And as a young man, you're very vulnerable, you're
104	00:10:53 --> 00:11:01	vulnerable to the, the effects of other people's opinions of you. And young men
105	00:11:01 --> 00:11:05	typically will act like they don't care. And they'll raise up and they'll use
106	00:11:05 --> 00:11:10	colorful language and maybe even want to throw hands. Because you've really just
107	00:11:10 --> 00:11:16	crushed them. And I was like that a 20 year old, you know, I wanted to find
108	00:11:17 --> 00:11:23	success outside of the normal venues and routes that people take you working as
109	00:11:23 --> 00:11:28	an employee going through college, you're trying to be the good slave. And
110	00:11:28 --> 00:11:31	I don't have that I've never really had that mindset. And it was very hard for
111	00:11:31 --> 00:11:38	me to try to subscribe to that view in the beginning. Because it had in my
112	00:11:38 --> 00:11:42	mind, it was a plan B, like I was going to do everything I could to figure out
113	00:11:42 --> 00:11:47	how the markets work. But if I couldn't, at least I have a degree, at least I can
114	00:11:47 --> 00:11:52	go in. At the worst case, I could be a programmer, worst case. But I was
115	00:11:52 --> 00:12:01	learning COBOL C ICs, Pascal basic, C++, that was the highest at the time when I
116	00:12:01 --> 00:12:12	was going through. Now did any of that help me get a job, no. didn't help me
117	00:12:12 --> 00:12:15	get a job at all. And all the things that I started with as a motivation.
118	00:12:15 --> 00:12:20	Like I'm going to be a systems analyst, I'm going to be a consultant for
119	00:12:20 --> 00:12:23	companies and I'm gonna have my own firm. That was my plan, I didn't want to
120	00:12:23 --> 00:12:24	be a
121	00:12:25 --> 00:12:31	in an IT specialist, or a computer programmer, someone working for a
122	00:12:31 --> 00:12:35	company, my motivation was always I'm going to have my own place my own thing,
123	00:12:35 --> 00:12:38	I'm going to call the shots for myself, because I don't want other people
124	00:12:38 --> 00:12:42	telling me what I want to do. So I was motivated. And what's weird is I was
125	00:12:42 --> 00:12:50	never impulsive at all, in my decision making, while going through the required
126	00:12:50 --> 00:12:56	lessons classes, getting the credits, working towards a degree that would in
127	00:12:56 --> 00:12:59	my mind, I thought it was going to who wouldn't want someone with computer
128	00:12:59 --> 00:13:03	science and specializing in business management? Who I mean, if you think
129	00:13:03 --> 00:13:09	about that, I mean, like you got it, right. That's what my opinion was. And I
130	00:13:09 --> 00:13:13	was never impulsive. I was submissive to whatever. This is the prerequisites for
131	00:13:13 --> 00:13:17	this class. To get this, you got to do this, you got to do that. And trading
132	00:13:17 --> 00:13:25	wasn't even in my mind, my thoughts like it wasn't there. I wanted to be an
133	00:13:25 --> 00:13:32	entrepreneur. And because of circumstances working for a Jewish
134	00:13:32 --> 00:13:40	family in Owings Mills, in a chance, opportunity to see a magazine that I
135	00:13:40 --> 00:13:44	don't know, maybe I would have saw it on on a news rack somewhere. But I never
136	00:13:44 --> 00:13:50	really would have, in my mind, wanted to reach for Entrepreneur Magazine, you
137	00:13:50 --> 00:13:56	know, because it's like anything else is most of its advertisements. But it just
138	00:13:56 --> 00:14:00	happened that magazine was laying on the desk in front of me. And I asked my then
139	00:14:00 --> 00:14:05	boss, I said, I said, Glenn, Can Can I borrow this tonight? I'll bring it back.
140	00:14:05 --> 00:14:09	He's like you have it. And you know, the story, that little classified ad in the
141	00:14:09 --> 00:14:15	back, started the whole process of learning about commodities, which was
142	00:14:15 --> 00:14:19	coming full circle, because when I was 1415, and 16 years old, my uncle was
143	00:14:19 --> 00:14:23	telling me the richest people in the world trade futures and options. Get
144	00:14:23 --> 00:14:28	yourself a good job. He was pushing me to be an electronic technician. And I
145	00:14:28 --> 00:14:34	wasn't interested in that. And in sixth grade, I was making my own games. I was
146	00:14:34 --> 00:14:40	coding them. I would stay after school in the math class, and I would ask the
147	00:14:40 --> 00:14:44	teacher, teacher, I said, Can I stay as long as you stay and when you leave,
148	00:14:44 --> 00:14:49	I'll leave with no problem. And sometimes I would be lucky enough to be
149	00:14:49 --> 00:14:54	there till 630 Other days, it would just be 30 minutes and I'd walk home angry
150	00:14:54 --> 00:14:57	that I didn't get enough time to practice and use because I didn't have a
151	00:14:57 --> 00:15:04	computer. Like I didn't have one. So, you these are all the days when we had
152	00:15:04 --> 00:15:09	to floppy disks, you couldn't put anything on it. Like it was nothing,
153	00:15:09 --> 00:15:12	there's like, literally no storage whatsoever. And the computers were just
154	00:15:13 --> 00:15:19	glorified calculators, right. But I was never impulsive about any of it. But
155	00:15:19 --> 00:15:23	I've always been 1,000% in whatever I've been in. I've always been, you know,
156	00:15:24 --> 00:15:29	1,000% effort into it. But I was never really impulsive about any decision
157	00:15:29 --> 00:15:35	making that was associated with that career path. So I found it a little bit
158	00:15:35 --> 00:15:46	shocking when looking at price as a 20 year olds, and the potential to make a
159	00:15:46 --> 00:15:50	lot of money in a very short period of time. And the sense of accomplishment
160	00:15:50 --> 00:15:58	that it might present to me it was a perfect storm where I'm entering a field
161	00:15:58 --> 00:16:08	brand new 1992 I have no idea what's going on. No idea how to trade I read
162	00:16:08 --> 00:16:13	one book that was basically a rag that just introduced something that was not
163	00:16:13 --> 00:16:18	even a method. Like I've presented you lots of concepts but I've also given you
164	00:16:18 --> 00:16:22	specific models, how to use it, what time it's going to form how to enter it,
165	00:16:22 --> 00:16:26	how to put your stop loss into it, how to add to it where to target that's a
166	00:16:26 --> 00:16:30	complete absolute no excuse now you know how to trade and you can apply to any
167	00:16:30 --> 00:16:34	timeframe. I didn't have that when I first started I had this is a head and
168	00:16:34 --> 00:16:39	shoulders pattern. This is a bull flag. This is a channel breakout. This is a
169	00:16:39 --> 00:16:44	wedge, this is an ascending triangle descending triangle. And this is a
170	00:16:44 --> 00:16:52	broadening top and bottom formation or megaphone pattern trend lines that's
171	00:16:52 --> 00:17:00	what I that's what I came into trading commodities with and the first step out
172	00:17:00 --> 00:17:10	of the gate in that race impulse showed up mine I didn't know it then I had no
173	00:17:10 --> 00:17:17	idea what I was doing why I was even doing it at all I completely lost the
174	00:17:17 --> 00:17:21	focus of what was the motivation for me to be there. I mean, it got me there he
175	00:17:21 --> 00:17:25	got me to the point where I put money into a brokerage account. He got me to
176	00:17:25 --> 00:17:30	the point where I was willing to accept the pay one vow 100 hours per contract
177	00:17:31 --> 00:17:39	which they call full service commission. And as a new trader, it felt like they
178	00:17:39 --> 00:17:44	were going to protect me and for the most part they they will just help you.
179	00:17:45 --> 00:17:48	You sir you want to go along it means you're trying to make money as it goes
180	00:17:48 --> 00:17:54	up. Right? Okay. Do you want to use a stop loss? How much are you willing to
181	00:17:54 --> 00:18:03	risk and they would help you determine that was Fox investments. Now when you
182	00:18:03 --> 00:18:08	went with Lindwall doc or Iran Epstein or something to the equivalent,
183	00:18:08 --> 00:18:12	something where you know, they expect you to know your orders, they didn't
184	00:18:12 --> 00:18:15	deny me to handhold like they want to get your order and get off the phone.
185	00:18:15 --> 00:18:20	That's the way it was back then we call it in our orders. And some of you just
186	00:18:20 --> 00:18:27	don't understand the gravity of that and how that would make it even more complex
187	00:18:27 --> 00:18:34	for you right now. You're all young you're all fresh faces in this industry
188	00:18:34 --> 00:18:42	listening to me and your thinking was that like yams, some not only did you
189	00:18:42 --> 00:18:47	have to be right and you had time to market but you had the men time the
190	00:18:47 --> 00:18:50	market in a way where you were anticipating the setup because you know
191	00:18:50 --> 00:18:54	when you called the broker, you got the front desk first. Then you got to give
192	00:18:54 --> 00:18:58	them your your desk number or letter. Since my last name was Huddleston and I
193	00:18:58 --> 00:19:03	was on the H desk. Okay go to H desk and you wait for them to pick up the phone
194	00:19:03 --> 00:19:08	usually within 10 rings they pick up and then they tell you okay each desk which
195	00:19:08 --> 00:19:13	order and you tell them your account number and then you give them an access
196	00:19:13 --> 00:19:18	that says that you verifies who you are kind like a pin and then you tell them
197	00:19:18 --> 00:19:21	what you want to do. And then they read the order back to you the whole time.
198	00:19:22 --> 00:19:27	All of this is going on the markets ticking around up and down up and down
199	00:19:27 --> 00:19:34	maybe running away from you. And I had live cattle trades that did it was like
200	00:19:35 --> 00:19:40	they open the gate and they all ran out and you know I was buying something way
201	00:19:40 --> 00:19:43	past the price I should shut up but I was thinking well, you know my
202	00:19:43 --> 00:19:48	motivation. My motivation told me that I need to be on the phone calling the
203	00:19:48 --> 00:19:53	broker and when he told me the price because everything I was doing was
204	00:19:53 --> 00:20:01	market orders. market orders. In a move that envelope It's already started
205	00:20:01 --> 00:20:07	running. And the price he's telling me, literally is $400. past where I'm trying
206	00:20:07 --> 00:20:18	to get in my motivation became impulse. I had to be part of that move. It just
207	00:20:18 --> 00:20:24	confirmed that I was right about where it's gonna go. And I was so willing to
208	00:20:24 --> 00:20:30	be part of it. So I can claim I was right, I was willing to be placed in the
209	00:20:30 --> 00:20:37	trade at a very poor location. And I had to sit through a day of drawdown because
210	00:20:37 --> 00:20:43	I bought it at an inflated price. And then my price was literally like, four
211	00:20:43 --> 00:20:48	or five ticks away from the high of the day. And then it just receded back
212	00:20:48 --> 00:20:51	throughout the day. And I was watching on my quote, trek, which is a little
213	00:20:51 --> 00:20:54	handheld device and not much, really nothing. I'm seeing the mention that of
214	00:20:54 --> 00:20:58	my ultra 20 Right now, which is a Samsung phone I use, I use Android
215	00:20:58 --> 00:21:07	because Apple sucks the product folks who want to know why I think that it
216	00:21:07 --> 00:21:13	just, I've had two phones where they failed on me. And Apple would not go in
217	00:21:13 --> 00:21:16	and open a phone, not for me so I can get my videos out. So I've lost several
218	00:21:16 --> 00:21:23	Christmases and birthdays and things that I filmed that I can't access. So
219	00:21:23 --> 00:21:29	that's what that's my beef with Apple. Okay. But now since I'm a Samsung user,
220	00:21:29 --> 00:21:36	Android is better way, way better. But that same dimension size of the phone
221	00:21:36 --> 00:21:40	I'm using can't wait to get rid of on November 12. The,
222	00:21:42 --> 00:21:45	the size and dimension of this is almost equivalent to what a quote Trek was
223	00:21:46 --> 00:21:50	coatrack was little bit bulkier. But what that was, is a little device that
224	00:21:50 --> 00:21:55	had an extendable antenna on top of it. And it would give us real time quotes.
225	00:21:56 --> 00:22:03	It wasn't charts, it was just quotes. So I was learning in the same way that
226	00:22:03 --> 00:22:08	floor traders traded. Now, I didn't know that I wasn't being trained with the
227	00:22:08 --> 00:22:13	idea that this is what you're doing. But you have to have defined ranges where
228	00:22:13 --> 00:22:19	the price was the previous day, the high low. And then I would have ranges of the
229	00:22:19 --> 00:22:22	morning session was the previous day with the afternoon session high and low
230	00:22:22 --> 00:22:26	was and then what was the last hour tiny amount of trading before it closed,
231	00:22:26 --> 00:22:33	whatever market I was interested in. And those ranges I used to determine whether
232	00:22:33 --> 00:22:38	or not it was still favorable for me to enter. And I was only trying to be a
233	00:22:38 --> 00:22:44	buyer, because I didn't understand shorting. But here I am. broker's
234	00:22:44 --> 00:22:49	telling me, yeah, you love candles at this price now. And he confirms the
235	00:22:49 --> 00:22:54	order you want to you want to be buying at this price, which is where we're at
236	00:22:54 --> 00:22:59	right now at market. And then you wait, they wait for you to confirm it. Yes.
237	00:22:59 --> 00:23:05	And then it's okay. You want to hold for your confirmation? Yes. And then come
238	00:23:05 --> 00:23:10	back. A minute or so. The whole time you're on the phone waiting. It's moving
239	00:23:10 --> 00:23:14	around. Now. Think about what you're witnessing in your, in your charts live.
240	00:23:15 --> 00:23:18	From the time you feel like it's time for you to take the trade. Then you
241	00:23:18 --> 00:23:25	gotta find a payphone. Get out of your vehicle. Walk over to it. Hopefully
242	00:23:25 --> 00:23:30	there's nobody in the payphone. Sometimes I had to wait. But my
243	00:23:30 --> 00:23:34	motivation that brought me to that trade. Sometimes I offered the guy
244	00:23:34 --> 00:23:38	looking Can I have? Can I have that phone? Here's 20 bucks, please. I need
245	00:23:38 --> 00:23:42	to make this phone call. Yeah, sure. Here you go. And then I lost money on
246	00:23:42 --> 00:23:49	trade. So it was an insult to injury right? But motivation led to impulse.
247	00:23:50 --> 00:23:56	What does that mean? What's your point here ICT What are you getting at? The
248	00:23:56 --> 00:24:06	things that make you feel like you want to be able, willing to inviting the
249	00:24:06 --> 00:24:14	risks. You don't respect that same measure of risk. When now when you are
250	00:24:14 --> 00:24:20	really at that moment where you could still say no, I'm not gonna do it. Let
251	00:24:20 --> 00:24:28	me just let me sit still and not do it. So your motivation leads you to the
252	00:24:28 --> 00:24:30	dance. I mean, you're in front of the chart. You're sitting there, you're
253	00:24:30 --> 00:24:34	watching you have your silver bullet in mind. You have your optimal trade entry
254	00:24:34 --> 00:24:38	in mind you have, you know, whatever else I've ever taught that you've
255	00:24:38 --> 00:24:43	gravitated to as your model. You have your draw on liquidity you believe it's
256	00:24:43 --> 00:24:47	going to go here, it's going to go there and you're ready to see it. I think it
257	00:24:47 --> 00:24:52	just gives you a fair value get your in there. But then something magical
258	00:24:52 --> 00:24:59	happens. Something magical comes in and changes everything. It's like your
259	00:24:59 --> 00:25:04	perception completely changes and it becomes sometimes like a language you've
260	00:25:04 --> 00:25:09	never read before. And you're, you're like a deer in headlights, you're
261	00:25:09 --> 00:25:14	paralyzed. You knew what you wanted to do. Now you're from the charts and
262	00:25:14 --> 00:25:20	you're watching life practice action, and you can't do it. You're waiting for
263	00:25:20 --> 00:25:27	something to appear as a nudge a little. You're right now take it. And many of us
264	00:25:27 --> 00:25:32	when we first start, we call that confirmation. The only thing that it
265	00:25:32 --> 00:25:38	confirms, is you sat there too long. That's what it confirms you sat there
266	00:25:38 --> 00:25:42	too long. Now it's already moved, it will be better for you to wait for some
267	00:25:42 --> 00:25:47	kind of a down close candle in a lower timeframe. Reach into a fair pay gap if
268	00:25:47 --> 00:25:51	you're bullish. And then use that don't chase running higher price when you're
269	00:25:51 --> 00:25:56	bullish, don't do it. Don't do it. Because the only thing you're doing is
270	00:25:56 --> 00:25:59	increasing the likelihood of your stop loss needing to be larger than it's
271	00:25:59 --> 00:26:04	necessary to be. Or making it harder for you to hold shape. Because you're going
272	00:26:04 --> 00:26:10	to know since you enter it, you're going to be demanding subconsciously, that it
273	00:26:10 --> 00:26:14	moves right away in your favor, and you don't want to see any kind of draw down.
274	00:26:15 --> 00:26:20	Whereas if you're bullish, this is how I teach. So it overcomes a lot of the
275	00:26:20 --> 00:26:24	built in fears that are associated with being poorly placed in a trade or
276	00:26:24 --> 00:26:29	chasing price. So if you're bullish, I'm teaching you to buy what a down closed
277	00:26:29 --> 00:26:34	candle or a candle that's forming a likely down close candle, but it need
278	00:26:34 --> 00:26:39	not closed down, it can be trading lower, and still have a higher close.
279	00:26:40 --> 00:26:44	But at the time of your entry. If you're bullish, you're waiting for price to go
280	00:26:44 --> 00:26:48	lower into a inefficiency or run below a short term low to take those thoughts.
281	00:26:49 --> 00:26:53	So you're gonna buy sell stops, or by inefficiency. On a buy side imbalance
282	00:26:53 --> 00:26:58	sells on inefficiency, you're going to buy that rebalancing to close up an
283	00:26:58 --> 00:27:03	overlap that up close candle that you're seeing is an inefficiency. So you're,
284	00:27:03 --> 00:27:09	you're buying against the grain of price delivering versus impulsively chasing it
285	00:27:11 --> 00:27:18	in the beginning, because you think as a trader like I did, I want to be in a
286	00:27:18 --> 00:27:22	market that has the market going up. Like I wouldn't be in the mood that's
287	00:27:22 --> 00:27:28	going up. It's too scary. And speaking hypothetically, and in retrospect to how
288	00:27:28 --> 00:27:32	it was when I first started, as a 20 year old, I was afraid to buy things
289	00:27:32 --> 00:27:37	when it was moving lower. To me it made no sense. I mean, it literally made no
290	00:27:37 --> 00:27:44	sense whatsoever whatsoever to to go in and try to pick a bottom. That's what I
291	00:27:44 --> 00:27:48	was looking at it as because I heard my mentor say, you know, you got to avoid
292	00:27:48 --> 00:27:52	trying to pick bottoms. They're like catching falling knives, you have to
293	00:27:52 --> 00:27:55	wait for that dagger fall, hit the ground, stop quivering, then gently go
294	00:27:55 --> 00:28:00	over and pick it up. That's verbatim. That's literally right out of that. For
295	00:28:00 --> 00:28:05	cassette tape VHS, of course, the from 1995. It was ingrained in me just like
296	00:28:05 --> 00:28:09	the things that I say to you as your mentor. I'm not in the room with you.
297	00:28:10 --> 00:28:14	But you will see something in the charts and you'll hear my voice saying the very
298	00:28:14 --> 00:28:18	thing that you had a resonation with in a video or lecture, maybe something in
299	00:28:18 --> 00:28:22	this one today. And you'll hear my voice you'll you'll know exactly what I said
300	00:28:22 --> 00:28:29	verbatim because it had it, it left an indelible mark on you. It made an impact
301	00:28:29 --> 00:28:36	on you psychologically. So you know you think differently as a result of it. In
302	00:28:36 --> 00:28:42	the beginning, when you have no real clue what you're doing no model you can
303	00:28:42 --> 00:28:49	become very impulsive. But as a new student with a model with all the right
304	00:28:49 --> 00:28:55	motivation, you still can be impulsive. What does that mean? What does that
305	00:28:55 --> 00:28:59	mean? And what's what's the contrast between what I've already said so far,
306	00:28:59 --> 00:29:03	versus someone that now has a model has all the right mindset has listened to
307	00:29:03 --> 00:29:08	all the proper mindset from the inner circle trader and how to do this and how
308	00:29:08 --> 00:29:12	to do that. Now we're at the dance now we're staring at the chart it's during
309	00:29:12 --> 00:29:15	that 10 o'clock to 11 o'clock hour. We know that there's going to be a silver
310	00:29:15 --> 00:29:18	bullet we know that it's likely going to draw to a liquidity pool that's pretty
311	00:29:18 --> 00:29:23	obvious where it's likely to go. But here you are. Senior looking at price
312	00:29:24 --> 00:29:24	Give me one second.
313	00:29:44 --> 00:29:52	Grandma water I left it outside. So when you have a model, and you have all the
314	00:29:52 --> 00:29:55	proper motivation that led you up to the point where now you've made a decision
315	00:29:55 --> 00:30:00	you went to sleep the previous day. You woke up with every expectation that
316	00:30:00 --> 00:30:05	you're going to go into this, following the plan, following the model following
317	00:30:05 --> 00:30:10	the rules, you're looking for this set up the form. And now you're here, you're
318	00:30:10 --> 00:30:18	in front of the charts, you're there. And you do what? You act impulsively.
319	00:30:20 --> 00:30:26	You see something that is not your model. Perfect exam, I'll give you
320	00:30:26 --> 00:30:36	something. You've done the work. You've done the analysis, you've listened to me
321	00:30:36 --> 00:30:39	talk about what I think the markets gonna likely drawl to, on a higher
322	00:30:39 --> 00:30:43	timeframe, you committed to the idea that that's probably what you're going
323	00:30:43 --> 00:30:50	to subscribe to. So you're only gonna focus in that direction. And that's the
324	00:30:50 --> 00:30:54	proper mindset. Not that you should be handheld. But that's why I do it. So
325	00:30:54 --> 00:30:58	that way, you can keep your premise, your bias, the narrative focused on that
326	00:30:58 --> 00:31:05	time frame draw. You won't be 100%. But now, because you're in front of charts,
327	00:31:06 --> 00:31:12	subconsciously, you're demanding that you're 100%. Is that practical? Is that
328	00:31:12 --> 00:31:17	realistic? Is that something that anyone could reasonably expect to have?
329	00:31:20 --> 00:31:26	Especially if they're new, no, of course not. But that motivation that carried
330	00:31:26 --> 00:31:29	you to that moment, where now you're in front of the charts, you're ready to do
331	00:31:29 --> 00:31:33	your model, you're ready to pull the trigger, all you have to do is wait for
332	00:31:33 --> 00:31:40	that fair value get into form, because it's going to be moving up quickly. And
333	00:31:40 --> 00:31:43	it's going to create that little bias on the balance. So it's on an efficiency,
334	00:31:43 --> 00:31:50	and it's going to form it in a place where it allows you to capture 12 to 15
335	00:31:50 --> 00:31:55	handles. So that means your minimum criteria for trade will be met. It's
336	00:31:55 --> 00:32:00	really there. But unfortunately, it's not there yet. And what happens is you
337	00:32:00 --> 00:32:06	start seeing price run. And in your mind, you're thinking this is going to
338	00:32:06 --> 00:32:09	be one of those times where it's not going to create a fair value gap. And
339	00:32:09 --> 00:32:15	here I am, I did all the work. I got all this stuff drawn on my chart, I have all
340	00:32:15 --> 00:32:20	the lipstick, I have all the motivation on here now. And I know what's going to
341	00:32:20 --> 00:32:24	happen because Murphy's Law says that whatever can go wrong is going to go
342	00:32:24 --> 00:32:29	wrong. And it's going to run without me. And I'm not going to be able to accept
343	00:32:29 --> 00:32:32	that because I've done all this preliminary analysis, I've done all this
344	00:32:32 --> 00:32:39	preliminary work up listening to this guy jawbone, I'm all I'm all pumped up,
345	00:32:39 --> 00:32:44	I'm ready to go. And here is running, it just took off eight handles straight one
346	00:32:44 --> 00:32:48	shot, it's running, your mind is going to be tricked by that because you
347	00:32:48 --> 00:32:56	haven't watched price enough. That motivation to do the right things get
348	00:32:56 --> 00:33:03	replaced with impulsiveness because of lack of experience, the lack of the
349	00:33:03 --> 00:33:10	doing of it. Being there, not just simply watching price, that's the first
350	00:33:10 --> 00:33:14	stage is tapering to this the first stage, then you got to do it with a demo
351	00:33:14 --> 00:33:21	and submit to the idea that the rules still have to be applied. But then, with
352	00:33:21 --> 00:33:26	live fund trading, or the equivalent thereof, where you can lose something,
353	00:33:26 --> 00:33:30	your fund account, challenge account, your funded account or your Live
354	00:33:30 --> 00:33:41	account. You want to capture money and the lack of experience that you have.
355	00:33:42 --> 00:33:47	And everybody has that lack in the beginning. In all of you and I was not
356	00:33:47 --> 00:33:52	exempt from this. I wanted to get through that stage quickly. I wanted to
357	00:33:52 --> 00:33:55	live it behind me in my in my rearview mirror, I wouldn't be able to say yeah,
358	00:33:55 --> 00:34:01	see you later. I ain't never gone back to that town again, which is ignorance
359	00:34:02 --> 00:34:07	neophyte Ville, beginner. Like you want to be able to leave the ranks of an you
360	00:34:07 --> 00:34:12	know, a newbie when I'm encouraging you to live there for a little while,
361	00:34:12 --> 00:34:16	because that's going to teach you who you are. And it's going to show you the
362	00:34:16 --> 00:34:19	character flaws that you have, that you're pretending you don't have. That
363	00:34:19 --> 00:34:22	you've been hiding from yourself your entire life. however long you've been on
364	00:34:22 --> 00:34:29	a spinning rock, all of you have character flaws. I don't hide mine. I
365	00:34:29 --> 00:34:32	don't hide it. I tell you where they are. I'll tell you where my weaknesses
366	00:34:32 --> 00:34:38	are. Because when I was a younger man, I tried to pretend it didn't exist. And
367	00:34:38 --> 00:34:42	they were impediments to me. They they held me back. They were the barriers
368	00:34:42 --> 00:34:51	that I held. I hugged, I held on to them. I held on to it like something
369	00:34:51 --> 00:34:55	wrapped in barbed wire. It's not comfortable but you get used to that
370	00:34:55 --> 00:34:58	uncomfortable state and it becomes normal for you. Like that's why abusive
371	00:34:58 --> 00:35:04	relationships go on. spouses that, you know, beat their wives. Because they're
372	00:35:04 --> 00:35:10	weak men, that women train themselves to, because they have children, they
373	00:35:10 --> 00:35:16	don't wanna break that family up. They know what that man's doing to her is not
374	00:35:16 --> 00:35:24	right. But they, they allow it to go on, because it becomes normal for them. And
375	00:35:24 --> 00:35:27	change is a little bit more scary because it begins to bring in more
376	00:35:27 --> 00:35:33	uncertainty. And as humans, we don't like uncertainty. But in this industry,
377	00:35:33 --> 00:35:40	you chose to be in one that is always uncertain. There's nothing 100% All the
378	00:35:40 --> 00:35:44	things that I have all the things that I share my track record, when I pull it
379	00:35:44 --> 00:35:47	out, and I point to something before it happens. Look around, you've been
380	00:35:47 --> 00:35:52	walking with me now for most two years now publicly. How many things that I
381	00:35:52 --> 00:35:58	call in that happened? Very, very, very small number of that. But how many
382	00:35:58 --> 00:36:04	things were right? And correct and where the market went to? You can't reasonably
383	00:36:04 --> 00:36:09	expect to be like that in the beginning. And when you learn from someone, when I
384	00:36:09 --> 00:36:11	was a martial artist, you know, I wanted to be as good as the guy that was
385	00:36:11 --> 00:36:16	teaching me. And then better. That's what I wanted. Anything that they did,
386	00:36:16 --> 00:36:22	that was impressive, I need to do it better than them. Why? Because I had
387	00:36:22 --> 00:36:27	this deep, ingrained necessity for me to be significant. Because while I was
388	00:36:27 --> 00:36:34	growing up in cardboard city, I was part of what we considered white trash. We
389	00:36:34 --> 00:36:40	lived in low income in everybody and I got in fistfights and stopped a shadow
390	00:36:40 --> 00:36:47	people that thought they were better than me. I curbed stopped people. You
391	00:36:47 --> 00:36:52	know, that is where you stop there. As you beat them. You drag them over to a
392	00:36:52 --> 00:36:56	curb, you open your mouth up with their teeth on the edge of the curb. And you
393	00:36:56 --> 00:37:01	stop the back of their head. I've done that before. And the sound that makes
394	00:37:02 --> 00:37:09	you'll never forget it. Those are things that I've done as a kid with people
395	00:37:09 --> 00:37:15	older than me. Because they talked down to me, they acted like they were better
396	00:37:15 --> 00:37:25	than me. So what drives me instilled today is that deep scar, I was the guy
397	00:37:25 --> 00:37:29	on the other side of the tracks growing up, I didn't come in this world with a
398	00:37:29 --> 00:37:35	silver spoon in my ass, I didn't have that everything was a hard thing to do.
399	00:37:36 --> 00:37:41	And it took a lot longer than I wanted it to do. And it was very difficult. I
400	00:37:41 --> 00:37:44	had a lot of opposition around me, people will try to tell me, you're not
401	00:37:44 --> 00:37:49	gonna be able to do it. You're gonna just you amount did the same thing we
402	00:37:49 --> 00:37:55	do. And I went to school, and they tried to talk me out of that. And they said,
403	00:37:55 --> 00:38:01	You're not going to get good grades, and I got great grades. Constantly, the
404	00:38:01 --> 00:38:07	enemy constantly will work on you to try to discourage you. And if you're strong
405	00:38:07 --> 00:38:12	enough, that you have the motivation that keeps you going. When you're
406	00:38:12 --> 00:38:22	finally there. He's really going to try because you're you've done it, you
407	00:38:22 --> 00:38:28	finally climbed to that moment where now you're going to see the proof, you're
408	00:38:28 --> 00:38:32	going to finally get that testimony that you can hold on to and say, nobody can
409	00:38:32 --> 00:38:37	take this from me. And some of you are going to discover that that motivation
410	00:38:37 --> 00:38:41	that got you there, which everybody needs it. I'm not trying to discourage
411	00:38:41 --> 00:38:47	that that's not a good thing. It is good thing. But there's an event, there's a
412	00:38:47 --> 00:38:56	phenomenon it takes place. Where once you're there you can't handle the
413	00:38:56 --> 00:39:04	pressure. And you throw out all the rules. You don't wait for the setup. You
414	00:39:04 --> 00:39:09	think that it's going to be stripped from you. You've worked so hard to get
415	00:39:09 --> 00:39:14	to this moment. Now, here's your first shot, the first shot to use the
416	00:39:14 --> 00:39:18	information that you've been studying. Now you can make gainful profits if it's
417	00:39:19 --> 00:39:25	correctly done. But you don't have the experience yet to lean on. And you see a
418	00:39:25 --> 00:39:29	sudden quick movement, which really isn't that much. Nothing's changed in
419	00:39:29 --> 00:39:34	the trade setup. But in your mind, because so keyed up that motivation.
420	00:39:34 --> 00:39:37	You're hopped up, you're ready to go.
421	00:39:38 --> 00:39:43	You're that guy that all your friends are around, fight, fight, fight. When
422	00:39:43 --> 00:39:46	they weren't there, you'd probably shake hands with the guy and say, You know
423	00:39:46 --> 00:39:54	what? Yeah, I apologize, man. This just got out of hand. It's just forgive me
424	00:39:54 --> 00:39:58	for for saying whatever I said or did whatever I did to you. You can't do that
425	00:39:58 --> 00:40:07	now. because they've incited that rage, you've become lustful, for blood. You
426	00:40:07 --> 00:40:15	need to do this now. And something happens, where that motivation becomes
427	00:40:15 --> 00:40:24	impulse. And you don't use your model and you press the button. As soon as the
428	00:40:24 --> 00:40:31	button is pressed, you're regretting it. Because now you just entered the
429	00:40:31 --> 00:40:42	uncertainty. With no plan, no entry. No pdra, you chase the price. And
430	00:40:42 --> 00:40:45	everything you've heard me say comes rushing into your brain. And you're
431	00:40:45 --> 00:40:51	thinking, oh, man, this is that thing he talked about. Now that trade seems like
432	00:40:51 --> 00:40:58	it's going to choke the life out of you. Maybe you start hyperventilating, you
433	00:40:58 --> 00:41:01	don't realize it yet. So you start feeling your fingers and your hands and
434	00:41:01 --> 00:41:06	your arms start tingling. All sudden, you start feeling your heart
435	00:41:07 --> 00:41:13	palpitations. Because it can't breathe, doesn't feel like there's any air in the
436	00:41:13 --> 00:41:22	room. So hard to breathe. That's anxiety. Now you're faint, you're
437	00:41:22 --> 00:41:26	feeling the the effects of the adrenaline in your body. And you're
438	00:41:26 --> 00:41:36	standing still. It's like a Ferrari, in neutral, running with the accelerating
439	00:41:36 --> 00:41:43	pedal to the floor. It's not good for the engine. Now you're worrying about
440	00:41:43 --> 00:41:49	what you're feeling bodily. And then cortisol is going to release. And that
441	00:41:49 --> 00:41:54	hormone makes you feel like you're going to die. Now how can you be watching
442	00:41:54 --> 00:42:02	price managing it. And what you should be doing, focusing on your model. If you
443	00:42:02 --> 00:42:06	think you're having a stroke, or heart attack, or about the pass out, or throw
444	00:42:06 --> 00:42:15	up. I've been there. I've been there and I've been there while driving a truck
445	00:42:17 --> 00:42:22	over the Key Bridge and high winds. panicking because I'm watching my
446	00:42:22 --> 00:42:26	quarterback tell me that there's absolutely nothing I can do. And I'm
447	00:42:26 --> 00:42:27	nowhere near pay for and to get out.
448	00:42:32 --> 00:42:38	You can't understand that. You don't understand that. Because you're so
449	00:42:38 --> 00:42:41	spoiled with the information and technology we have today where we can
450	00:42:41 --> 00:42:48	just press a button, getting it out. seconds, seconds, be on the other side
451	00:42:48 --> 00:42:55	of a bridge. And then someone goes and has a typical thing that anybody else
452	00:42:55 --> 00:42:58	would have normally, while they're doing construction. On the bridge, you only
453	00:42:58 --> 00:43:03	have one lane, and then their engine dies. In your trade, you can't get out
454	00:43:04 --> 00:43:09	and you can't move. And you lose your account that day. Because you thought
455	00:43:09 --> 00:43:18	you were smart enough not to use a stop loss. And copper said Not today. That's
456	00:43:18 --> 00:43:23	the stuff that I lived through that I did that stuff. Here's a lot of people
457	00:43:23 --> 00:43:26	out there, I'll tell you, this is where I made this much money. Here's where I
458	00:43:26 --> 00:43:29	made this much money. This is where I made that much money. I did this I did
459	00:43:29 --> 00:43:35	that I did this. Nobody is comfortable telling you where they messed it up.
460	00:43:36 --> 00:43:40	They want to hide it. They want to delete it like it didn't happen. Most of
461	00:43:40 --> 00:43:46	my mentoring is telling you what it's gonna be really like. I don't sugarcoat
462	00:43:46 --> 00:43:50	it. I don't pretend that I didn't come from humble beginnings where it was very
463	00:43:50 --> 00:43:56	hard next to impossible and I quit dozens of times. That's what I call it.
464	00:43:57 --> 00:44:01	But folks have been around for a while this new that is meant codeword for
465	00:44:01 --> 00:44:06	Anita break. And in our jobs, it gets some money scratched up because I didn't
466	00:44:06 --> 00:44:13	have a lot of it. But that motivation that leads you to the dance and you're
467	00:44:13 --> 00:44:17	watching the charts. You got to guard your mind and really stick your heels
468	00:44:17 --> 00:44:21	in, dig them in deep and say okay, yeah, that buttons right there. I can push it.
469	00:44:22 --> 00:44:25	I can I can push that button. And any time I want to push that button, it's
470	00:44:26 --> 00:44:31	going to get me in the trade. But am I entering the trade based on my model
471	00:44:31 --> 00:44:35	with the logic in mind that I'm entering in the opposing direction of where I see
472	00:44:35 --> 00:44:43	the profit. So if I'm bullish, I gotta be entering when prices drops. It's
473	00:44:43 --> 00:44:50	gotta be dropping. If it doesn't drop, I'm chasing. I can't do that. You can't
474	00:44:50 --> 00:44:55	do that. When you do these types of trades in your buying while markets are
475	00:44:55 --> 00:44:59	moving away from your expected directional draw, or your limit order to
476	00:44:59 --> 00:45:05	take part or parcels are number one, you're gonna overcome a lot of fear that
477	00:45:05 --> 00:45:11	most traders have. Because they they have confirmation bias. Every trader out
478	00:45:11 --> 00:45:16	there goes through a stage of they need to have confirmation bias, they have to
479	00:45:16 --> 00:45:19	know that they're in the trade in their own side, then they're willing to give
480	00:45:19 --> 00:45:25	up a large portion of the first initial run. And then all of a sudden, now they
481	00:45:25 --> 00:45:34	have courage. Oh, I know, I'm right now. I'm really right now. And then they
482	00:45:34 --> 00:45:41	chase it. And now their stop loss has to be so much larger. And while they're in
483	00:45:41 --> 00:45:45	that trade, it might pan out, it might go exactly where they thought was gonna
484	00:45:45 --> 00:45:47	go originally, and probably never had any drawdown might be just they're
485	00:45:47 --> 00:45:50	buying it and just start running and ripping away. That's really what they
486	00:45:50 --> 00:45:53	want. But you know what, when that happens, it's a terrible thing, because
487	00:45:53 --> 00:46:02	it's teaching you to do bad things, and expect good results. And domain he
488	00:46:02 --> 00:46:06	sounds right. But you'll convince yourself at the time that this is this
489	00:46:06 --> 00:46:11	is what's right for you. In the the absence and devoid of any real
490	00:46:11 --> 00:46:15	experience, sound logic, you're gonna create your own, right there in the heat
491	00:46:15 --> 00:46:21	of the moment. And that motivation becomes impulse. And for those that have
492	00:46:21 --> 00:46:27	you to have traded with real risk of losing something, not a demo reset is
493	00:46:27 --> 00:46:31	worst to happen on top now, you lost your funded account, you lost your
494	00:46:31 --> 00:46:38	combine that you were working hard for trading with real money. You know
495	00:46:38 --> 00:46:46	exactly what I'm talking about in the dozens of times as you've been here. You
496	00:46:46 --> 00:46:51	have to have a model. But before that model is useful to you, you have to know
497	00:46:51 --> 00:46:56	what price is likely to do. What characteristics does it show? How does
498	00:46:56 --> 00:46:59	it how does it behave in the morning? How does it behave in the afternoon? How
499	00:46:59 --> 00:47:03	does it behave in those respective sessions after a big up close day, or
500	00:47:03 --> 00:47:07	down close day or an Inside Day, they're all characteristics that you need to
501	00:47:07 --> 00:47:12	study and associate with over a period of time. And you're not going to be able
502	00:47:12 --> 00:47:17	to do it in just a few short weeks or a couple of months, it takes time. Some of
503	00:47:17 --> 00:47:21	you are just so willing to assume risk, hoping that you're right, like a lottery
504	00:47:21 --> 00:47:26	winner, that you throw all sound logic and reason out the window, because you
505	00:47:26 --> 00:47:31	just want to have something to hang your hopes on. Because if you make a little
506	00:47:31 --> 00:47:35	bit of money, a little bit of money is better than what you were doing before.
507	00:47:35 --> 00:47:41	Right? If I could just make 100 bucks a week. Yeah, I can see that. In today's
508	00:47:41 --> 00:47:45	world that that means something that might be your gas being covered for the
509	00:47:45 --> 00:47:51	week, back and forth to work. Things are expensive. When I put gas in my truck,
510	00:47:53 --> 00:47:58	if I drive it a lot, it's very easy for me to go through 130 hours a week. Eight
511	00:47:58 --> 00:48:04	cylinders, those you know, they eat it. I'm not worried about that money. But I
512	00:48:04 --> 00:48:06	think about how it would hurt the average person out there. It's it's a
513	00:48:06 --> 00:48:10	lot. I mean, that's the reason why there's a lot of cars, or car lots up
514	00:48:10 --> 00:48:14	here. They have these kinds of trucks sitting in their car lot and a huge lot.
515	00:48:14 --> 00:48:22	They traded them and they can't handle it too much expense. Same thing, when
516	00:48:22 --> 00:48:25	they bought that vehicle, they were motivated because they saw their buddies
517	00:48:25 --> 00:48:32	have a truck. I gotta get a truck to everybody's driving trucks. And when he
518	00:48:32 --> 00:48:35	bought it, because they were impulsive, they're regretting it, they have buyer's
519	00:48:35 --> 00:48:43	remorse. You don't want your trading to have remorse. You want to have removed
520	00:48:43 --> 00:48:49	any doubt that you can justify anything outside yourself as a reason why you
521	00:48:49 --> 00:48:54	lost. That went over your head right now, especially the ones that don't have
522	00:48:54 --> 00:49:00	selective hearing. So I'm gonna say it again real slow and painfully. Many of
523	00:49:00 --> 00:49:06	you, especially the ones that are beginning this, you're trying to do
524	00:49:07 --> 00:49:14	anything to get in and make money, but you're willing to ignore all sources of
525	00:49:14 --> 00:49:21	responsibility on yourself. But as a trader that is actively trying to pursue
526	00:49:21 --> 00:49:30	consistency and longevity, profitability what you're trying to do, while at
527	00:49:30 --> 00:49:38	obtaining that as your goal, the way you get there is removing any excuse. Any
528	00:49:38 --> 00:49:47	cause any reason for you failing. Outside of your own model in your own
529	00:49:47 --> 00:49:51	experience. That's personal responsibility. And that's not taught in
530	00:49:51 --> 00:49:57	this industry. It's easy to be able to say, well, the markets are random. Well,
531	00:49:57 --> 00:50:01	you know, they really shouldn't offer fifth tene contracts, if it really isn't
532	00:50:01 --> 00:50:10	good for us, they shouldn't really do that. There's always excuses, that the
533	00:50:10 --> 00:50:17	ones that are not prepared to be responsible to be sound stewards of the
534	00:50:17 --> 00:50:20	money that they have in their hands. And the risk that they associated with it,
535	00:50:20 --> 00:50:24	I'm not going to use a stop loss because I have a point to prove, well done
536	00:50:24 --> 00:50:31	maximum loss drawdown margin call. You proved a point. Everybody knew it, but
537	00:50:31 --> 00:50:37	you confirmed it. That scar tissue now that's going to motivate you to do
538	00:50:37 --> 00:50:42	stupid things. Because now you're embarrassed. Because everybody saw what
539	00:50:42 --> 00:50:50	we already knew might not be that grand of a scale of an embarrassment for you,
540	00:50:50 --> 00:50:54	when you take your your trade led you up to the charts, you're there, you got all
541	00:50:54 --> 00:51:00	the things figured out. And you impulsively predict and anticipate the
542	00:51:00 --> 00:51:06	setup forming, but you want to be ahead of it. Because you can't weather the
543	00:51:06 --> 00:51:12	impatience. It's agony. I mean, what if it runs without me? I sat here all this
544	00:51:12 --> 00:51:15	time I did all that charting. I already told people is going to be buying long
545	00:51:15 --> 00:51:17	and they're gonna be asking me for proof. Where's the receipts? Where'd you
546	00:51:17 --> 00:51:21	go long at nine to help me to show them Oh, my goodness, I don't care. I gotta
547	00:51:21 --> 00:51:33	get there you go. There you go. You did everything wrong. I don't care if your
548	00:51:33 --> 00:51:36	analysis was good. I don't care if your lipstick on your chart was correct. If
549	00:51:36 --> 00:51:42	you draw on liquidity was correct all that. Everything, you just shot at this
550	00:51:42 --> 00:51:47	shit with this entry. Because now your risk isn't appropriate. It's got to be
551	00:51:47 --> 00:51:54	larger now, you entered in the direction of the Prophet which we don't do. Could
552	00:51:54 --> 00:51:57	ICT I watch you pyramid Yep. And when I'm buying I'm buying when it's going
553	00:51:57 --> 00:52:11	down every time. Think let me retract that. When I'm inside of a PD array, I
554	00:52:11 --> 00:52:17	can accumulate a new pyramid entry there too. But I have size behind me that's
555	00:52:17 --> 00:52:21	already layered when I take those types of trades. Otherwise, if I don't have
556	00:52:21 --> 00:52:23	that, I won't know more perfect example would be
557	00:52:24 --> 00:52:29	my breaker sample was and I think prices are gonna go higher. I'll annotate the
558	00:52:29 --> 00:52:33	chart while I'm doing the trades. And you see me recording it, I'll annotate
559	00:52:33 --> 00:52:37	it as a bullish breaker. And I'm entering inside the breaker it hasn't
560	00:52:37 --> 00:52:40	lifted yet and come back and touched it. See, that's that's the part, you know,
561	00:52:42 --> 00:52:46	that's the easy side of it. The hard part is knowing where the markets gonna
562	00:52:46 --> 00:52:51	go. And being confident that I can enter on the breaker. And if it comes back,
563	00:52:51 --> 00:52:55	then I'll buy it again and add more because I'll have more to lean on.
564	00:52:56 --> 00:53:00	Trusting that it's gonna go higher, so I can add more to it. But if that's my
565	00:53:00 --> 00:53:08	first entry in, that's not likely going to be the trade I go on, then I'll elect
566	00:53:08 --> 00:53:11	to wait for to come back to the breaker. But if I've already bought like, I
567	00:53:11 --> 00:53:17	bought the sell side that the breaker ran down for. I'm buying below that
568	00:53:17 --> 00:53:22	previous low. Then when it goes up into what you would classically identify as a
569	00:53:22 --> 00:53:27	breaker after it's moved above it and come back down touching it. I'm buying
570	00:53:27 --> 00:53:32	it in it before it breaks above it before it's gonna retrace back again
571	00:53:32 --> 00:53:37	touch it says a time is a reason for everything I'm doing. I'm not just
572	00:53:38 --> 00:53:42	pulling it out of my ass just to say something or prove something that
573	00:53:42 --> 00:53:45	doesn't have any sound logic that I repeat over and over and over again.
574	00:53:45 --> 00:53:50	There's a logic behind what it is I'm doing. Every thing that I do in my
575	00:53:50 --> 00:53:59	executions are systematic. I had to learn that through pain, loss, blowing
576	00:53:59 --> 00:54:05	accounts, losing lots of times, and every single time. Guess what I had
577	00:54:05 --> 00:54:10	before it right before I lost the account before I lost the trade before I
578	00:54:10 --> 00:54:18	had remorse. I had motivation. I had confidence. But that confidence net
579	00:54:18 --> 00:54:23	motivation was like that guy. You're standing here. You really don't want to
580	00:54:23 --> 00:54:27	fight this person. Not because you're very that they're gonna kick your ass.
581	00:54:28 --> 00:54:30	But you don't want to fight that person. You really don't want to be like this.
582	00:54:30 --> 00:54:36	It's it's not appropriate for you to be doing what you're being pushed into. And
583	00:54:36 --> 00:54:39	you have that circle of influence around you everybody's shirt and shouting. Oh
584	00:54:39 --> 00:54:46	yeah, yeah. Fight, fight, fight, fight fight. When wisdom says Wait, if they
585	00:54:46 --> 00:54:50	want to swing on you, then you hit them on their fucking throat. grabbed them by
586	00:54:50 --> 00:54:54	their ears, drive their nose in your fucking knee. dragged him down to the
587	00:54:54 --> 00:54:57	ground. Put your knee in a better fucking skull and pound a shed on them.
588	00:54:58 --> 00:55:06	You didn't ask for it. But you reciprocated. You invited them to walk
589	00:55:06 --> 00:55:13	away. They won't. Well, and trading at that moment, especially for young men,
590	00:55:13 --> 00:55:21	it's This is Sparta pitch. I'm here now. And I don't need to wait for no setup.
591	00:55:22 --> 00:55:29	Front kick, boom. But you find that you're the one falling down. You're the
592	00:55:29 --> 00:55:34	one feeling that gut kick to the solar plexus and you can't breathe now,
593	00:55:34 --> 00:55:38	because you push the button, you can't take it back. You can't take it back.
594	00:55:39 --> 00:55:42	What does that mean? You know, you shouldn't have entered there. sound
595	00:55:42 --> 00:55:46	logic would be alright, this is premature entry disclosure right now and
596	00:55:46 --> 00:55:54	wait for the setup. But you won't, you won't, because the thing that pushed you
597	00:55:54 --> 00:55:58	into that impulsively, is telling you right now, and I hope it keeps going up
598	00:55:58 --> 00:56:01	from here. I hope it keeps going up here. Please don't drop, please don't
599	00:56:01 --> 00:56:07	drop, please don't drop when it's so much less pain and suffering. Just to
600	00:56:07 --> 00:56:11	close the trade, and then wait for that setup, you might have a little bit of
601	00:56:11 --> 00:56:16	drama and commission costs you just spent okay. But you have preserved your
602	00:56:16 --> 00:56:22	mental capital. The money that you're spending and potentially losing on that
603	00:56:22 --> 00:56:27	trade is insignificant in terms of the amount of debt that you're going to
604	00:56:27 --> 00:56:32	carry mentally as a trader for the rest of your career by doing that silly shit.
605	00:56:34 --> 00:56:38	Think about how many times have you been in a trade where even if it went to the
606	00:56:38 --> 00:56:43	worst case scenario, and ran all the way to wherever your stop would have been?
607	00:56:44 --> 00:56:47	Would have been, as I said that there's something you aren't trading on a stop
608	00:56:47 --> 00:56:52	loss. What's the worst that could happen? That loss doesn't end you. But
609	00:56:52 --> 00:57:01	in your mind, you've lost a limb. You've lost your your strong arm. How else
610	00:57:01 --> 00:57:04	could you ever go back into trading? If you lose this trade? If I lose this
611	00:57:04 --> 00:57:08	trade? I can't imagine ever wanting to do this again. That's the equivalent of
612	00:57:08 --> 00:57:15	what you're doing. But where was the motivation? That led you to that moment,
613	00:57:15 --> 00:57:19	right? When it came to the time where you push that button, it transforms into
614	00:57:19 --> 00:57:25	impulsiveness. That moment, right? Before you take your trade, you have to
615	00:57:25 --> 00:57:31	really, really know what you're doing. You have to know exactly what you're
616	00:57:31 --> 00:57:35	doing, why you're doing it. And before you press the button to get into it, you
617	00:57:35 --> 00:57:40	have to know exactly where your static maximum risk is. And there must be a
618	00:57:40 --> 00:57:44	stoploss there. Because once you have that, so you're you're trying to avoid
619	00:57:44 --> 00:57:48	that stop loss, because you're afraid is going to hit it. Whereas a professional
620	00:57:48 --> 00:57:51	minded trader, they want to know what that is. That way they don't worry about
621	00:57:51 --> 00:57:57	it. This is when I'm on the lose if I'm wrong. Okay, I'm willing to take that as
622	00:57:57 --> 00:58:01	a loss. But you want to trade with the maximum leverage. So it makes perfect
623	00:58:01 --> 00:58:04	sense for you to try to avoid everything ever getting. You'll never get stopped
624	00:58:04 --> 00:58:10	out. You'll never get stopped out. If you'd never use a stop loss. You know
625	00:58:10 --> 00:58:14	what that is? Head and head syndrome. Your head is too far up your ass and you
626	00:58:14 --> 00:58:19	can't see things properly. I'm sorry, I can't see your perspective. I used to
627	00:58:19 --> 00:58:26	see it like that. I went I went through that same thing. But I pulled my own
628	00:58:26 --> 00:58:29	head on own ass and started looking at things correctly. And some of you are
629	00:58:29 --> 00:58:34	fighting me on this. No, no, no, you don't get it ICT. I'm different. I'm
630	00:58:34 --> 00:58:40	gonna be the exception. No, you're not. You just want to do it worse. This will
631	00:58:40 --> 00:58:45	never talk about you never gonna tell you by what you did. When that would
632	00:58:45 --> 00:58:50	probably be the best thing for you. It disarms you. It makes you human. It
633	00:58:50 --> 00:58:54	proves that we are fattening. We're fallible. We're not infallible. Some of
634	00:58:54 --> 00:58:57	you think I'm infallible as a traitor. Sometimes I don't do it right.
635	00:58:57 --> 00:59:01	Sometimes, it doesn't work out where I want it to go. Like, there's many
636	00:59:01 --> 00:59:06	instances where I told my son so that I would like to see it do this, do this,
637	00:59:06 --> 00:59:11	do that. And there it is. And we sat together he's like, but Dad, it did
638	00:59:11 --> 00:59:15	this, this this and you entered there. And it didn't do what you thought. So
639	00:59:16 --> 00:59:21	how would I know that experience? And some of you don't want to hear that
640	00:59:21 --> 00:59:27	answer. 30 years folks at NSF that's a long time to be looking at stuff that's
641	00:59:27 --> 00:59:34	doing the same stuff all the time. You get used to it, you know with confidence
642	00:59:34 --> 00:59:40	that that one trade that you're looking at right now. Even if it fails in the
643	00:59:40 --> 00:59:44	three after it fails, it doesn't change the efficacy of the model. It doesn't
644	00:59:44 --> 00:59:49	change you as the trader. It just means if you execute on them, you might have
645	00:59:49 --> 00:59:54	incurred loss. But are you allowing for an inviting those losing trades there's
646	00:59:54 --> 00:59:58	losses to take you completely out of the model and completely away from trading
647	00:59:58 --> 01:00:07	and or having the ability To be solvent to trade. It's amazing how traders that
648	01:00:07 --> 01:00:12	get so worked up chasing other people's bullshit online, these things that
649	01:00:12 --> 01:00:17	people promote falsely, they don't have any evidence that they can do it. They
650	01:00:17 --> 01:00:21	don't talk about before it happens, they don't use a model, or an approach that
651	01:00:21 --> 01:00:25	is applicable. Or you can see being used in the executions. You don't even see
652	01:00:25 --> 01:00:29	their executions, they just tell you, this is a trade I took. And they're
653	01:00:29 --> 01:00:34	using the buy and sell overlay thing on trading view, that's not even an entry.
654	01:00:34 --> 01:00:38	What a demo, that's this. Here's a trade I took, I think I got in around here and
655	01:00:38 --> 01:00:41	listen to what they say they tell on themselves. But they're selling
656	01:00:41 --> 01:00:46	mentorships. That's frustrating. For somebody that knows what the fuck is
657	01:00:46 --> 01:00:51	going on, and have taught me and I don't know how many people, but I've taught a
658	01:00:51 --> 01:01:01	lot of people for free. It's my, my tolerance for it is gone. It's gone. And
659	01:01:01 --> 01:01:04	I don't try to influence all you net respect, I mean, but if you're going to
660	01:01:04 --> 01:01:08	be trying to pay somebody for something, they better have the goods, they better
661	01:01:08 --> 01:01:11	be able to prove that they can do what they're what they're claiming they can
662	01:01:11 --> 01:01:16	do, instead of talk about something on that side of the chart. But you all fall
663	01:01:16 --> 01:01:25	victim to that stuff. This image based stuff, materialistic stuff. And you
664	01:01:25 --> 01:01:34	resist sound logic, real money making money preservation insights, that I went
665	01:01:34 --> 01:01:38	through this stuff. I had to lose a lot of money to learn these lessons. And I'm
666	01:01:38 --> 01:01:43	trying to very much remove the necessity for you to go through that same stuff.
667	01:01:44 --> 01:01:50	And you don't want to listen like my own kids. They don't they don't listen. You
668	01:01:50 --> 01:01:55	wonder why my own songs, do the things that they do the same reason why you
669	01:01:55 --> 01:01:58	ain't listening to me, just because they have my DNA in them doesn't mean they're
670	01:01:58 --> 01:02:03	gonna go down. You know, it's a symbiotic relationship. You know, I'm
671	01:02:03 --> 01:02:07	ICTs offspring. It's, you know, whatever, you know, the, the main one
672	01:02:07 --> 01:02:13	says all the ones, like, there's this relationship where whatever, it's a hive
673	01:02:13 --> 01:02:18	mentality. The word escapes me, but it's kind of like the show, The Last of Us.
674	01:02:20 --> 01:02:23	And the fungus whatever one fungus feels or experiences, they all feel at the
675	01:02:23 --> 01:02:27	same time. That doesn't happen because they're my kids. They're discovering
676	01:02:27 --> 01:02:30	themselves too. And they're discovering that they're human. And guess what
677	01:02:30 --> 01:02:36	humans are. We're terrible decision makers. That's a skill set that has to
678	01:02:36 --> 01:02:42	be honed, and beaten to us. Just scripture says iron sharpens iron.
679	01:02:43 --> 01:02:49	Meaning it's not going to be easy. If iron had feelings and nerve endings, it
680	01:02:49 --> 01:02:54	probably wouldn't be wincing when you rub it against another piece of iron.
681	01:02:57 --> 01:03:01	When you take that raw piece of metal, and you want to forge it into a blade,
682	01:03:01 --> 01:03:06	what do you have to do to it, you have to harm it. You have to do damage to it.
683	01:03:07 --> 01:03:15	You got to take it's useless edges off and make one useful edge. That edge is
684	01:03:15 --> 01:03:23	your edge that you're going to use as a weapon or a tool, knife above blade. But
685	01:03:23 --> 01:03:26	many of you want to go out to the market and you do all this work and preparation
686	01:03:26 --> 01:03:32	and you have this high tech 50 caliber sniper rifle in your hands. And you show
687	01:03:32 --> 01:03:34	up and you're right there. You're sitting there, you're waiting for it.
688	01:03:34 --> 01:03:37	You're looking through your scope. It's common, it's common, it's common, and
689	01:03:37 --> 01:03:39	then all sudden the market starts to run and what do you do you reach for your
690	01:03:39 --> 01:03:44	fucking baseball bat and you chase it. What the hell is that? It's caveman
691	01:03:44 --> 01:03:50	mentality. That's not civilized. That's uncivilized. That savagery. We're
692	01:03:50 --> 01:03:58	waiting for the mark to walk into the crosshairs. Gently hug the trigger. And
693	01:03:58 --> 01:04:03	be confident that we have executed precisely what our models expecting us
694	01:04:03 --> 01:04:06	to do. We will not second guess it because we've done everything up to the
695	01:04:06 --> 01:04:12	point of engagement and entry. Our stop losses there. We don't worry about it,
696	01:04:12 --> 01:04:17	because we're comfortable with the risk. But if I'm honest, it means I can only
697	01:04:17 --> 01:04:23	really risk $75 Right? Exactly. That's why you're trading with a fucking
698	01:04:23 --> 01:04:30	microbe. Okay, that's why you're doing that. It's not about how much you can
699	01:04:30 --> 01:04:36	make it to how much you can afford to lose and still stay in the game while
700	01:04:36 --> 01:04:36	you're learning.
701	01:04:43 --> 01:04:47	For the folks that says you can't make money with a micro Oh, you can't make
702	01:04:47 --> 01:04:51	anyone a micro account. You gotta have this net yellow thing. You are not
703	01:04:52 --> 01:05:00	versed in math. You have no idea. You rudimentary math is escaping you because
704	01:05:00 --> 01:05:06	if you can have a model, whatever it is, it doesn't have to be my stuff. I'll say
705	01:05:06 --> 01:05:09	it again, it doesn't have to be what I teach, it could be anything out there,
706	01:05:09 --> 01:05:16	that causes you to have a decision. If you risk very little, and you're very,
707	01:05:16 --> 01:05:22	very good at managing money, and don't over trade, you can be profitable doing
708	01:05:22 --> 01:05:26	this, you're gonna have a lot of losing trades. And that might not sit well with
709	01:05:26 --> 01:05:32	some of you, most of you. In fact, 99.9% of you, whether you are a profitable
710	01:05:32 --> 01:05:36	student or trader of my stuff, or something else, you might be just
711	01:05:36 --> 01:05:43	listening to this and not even a trader, you're like, No, I use Elliott Wave. And
712	01:05:43 --> 01:05:47	I've made money. And this that nothing, okay, you made money, because you are
713	01:05:47 --> 01:05:53	able to weather the losing trades. But nobody wants to warm up to the idea that
714	01:05:53 --> 01:05:55	you're gonna lose a lot in the beginning, you're trying to avoid that,
715	01:05:56 --> 01:06:00	when the whole secret is to do that very thing in the beginning, because all the
716	01:06:00 --> 01:06:04	lessons that it teaches you removes the invitation for you to take that
717	01:06:04 --> 01:06:12	motivation and let it become impulse. If you have gone to the stage of now you're
718	01:06:12 --> 01:06:18	in that position where the trade that you're going to enter has a real risk,
719	01:06:18 --> 01:06:22	risk of failing a funded account or drawing down in a funded account combine
720	01:06:22 --> 01:06:29	or losing real money not account. If you got to that point. And you have not. If
721	01:06:29 --> 01:06:38	you have not overcome this worrisome thoughts of what am I really looking
722	01:06:38 --> 01:06:43	for? Where should I place my stop loss? Am I comfortable with what I'm risking
723	01:06:43 --> 01:06:48	here? Is that stop really hard? Is it there? Is it or is it implied or a
724	01:06:48 --> 01:06:55	mental stop because they don't work? Try to use a mental stop on a CPI. You're
725	01:06:55 --> 01:07:01	going to be mental afterwards, you're literally going to be worked. And a real
726	01:07:01 --> 01:07:06	stop loss doesn't work there either. So what does that teach you? Why do I even
727	01:07:06 --> 01:07:10	talk about CPI? If you're not going to trade ahead of CPI ICT? Why you can talk
728	01:07:10 --> 01:07:15	about it? Or you get the guys that this is where the volatility is, Okay, show
729	01:07:15 --> 01:07:21	me trading before the CPI, getting it right. Crickets. And the ones that try
730	01:07:21 --> 01:07:26	get their asses handed to them in devastating fashion. That's an That's
731	01:07:26 --> 01:07:30	embarrassing. And in some of these people, well, let's be honest, most of
732	01:07:30 --> 01:07:34	them that are doing those things are selling something, of course, a room or
733	01:07:34 --> 01:07:42	they have their own brokerage. That's nonsensical. It's, it's ludicrous. To
734	01:07:42 --> 01:07:47	invite those instances in your trading, you want it to be boring, you want it to
735	01:07:47 --> 01:07:52	be where if you lose, who cares, I'm still going to do the same model on the
736	01:07:52 --> 01:07:56	next setup based on the logic if the if the trade failed here, but the overall
737	01:07:56 --> 01:08:01	conditions of the marketplace are as they should be still, I'm gonna take the
738	01:08:01 --> 01:08:06	next set up. There it is, it's done. All you have in my head, that's what I'm
739	01:08:06 --> 01:08:10	going to do, unless I'm proven incorrect. And therefore I either need
740	01:08:10 --> 01:08:14	to move to the sidelines and wait for new information or reverse. But that's
741	01:08:14 --> 01:08:18	not always a reverse. In the beginning, that motivation, they are going to get
742	01:08:18 --> 01:08:22	in this trade and you do it wrong. Or if he gets squeezed out. The trick is you
743	01:08:22 --> 01:08:26	want to stop loss because you chase price. That pressure that you're feeling
744	01:08:26 --> 01:08:29	is gonna make you think you got it wrong. And you will abandon your model.
745	01:08:31 --> 01:08:34	And then what do you do become impulsive again and say I got it wrong. Not
746	01:08:34 --> 01:08:37	realizing that you just didn't do what you're supposed to do and wait for the
747	01:08:37 --> 01:08:43	setup. You'll reverse in the natural progression of the retracement that your
748	01:08:43 --> 01:08:49	original trade idea should have been waiting for. So you did it wrong chasing
749	01:08:49 --> 01:08:56	it. Then you're scared because it's retracing on you. And you reverse. And
750	01:08:56 --> 01:08:59	then the tray goes where you want it to go. But then here's where you lie to
751	01:08:59 --> 01:09:08	yourself. You know, I knew this was going to happen, you know, and the
752	01:09:08 --> 01:09:13	broker did this. They slipped me and I had to do you're lying. You fucking
753	01:09:13 --> 01:09:18	chase the price. You did it incorrectly. And then you changed your mind because
754	01:09:18 --> 01:09:22	you couldn't handle the pressure of the retracement because you were misplaced.
755	01:09:23 --> 01:09:28	You weren't offside. You had a poor entry, poor execution you did it poorly.
756	01:09:29 --> 01:09:35	You should have closed the trade set and we did with the setup. Not make one
757	01:09:35 --> 01:09:40	decision incorrectly and then impulsively fixing a mistake doing the
758	01:09:40 --> 01:09:43	opposite. Where the analysis didn't say anything about that trade reversing and
759	01:09:43 --> 01:09:48	going lower. You have discovered you succumb to your own emotions. And poor
760	01:09:48 --> 01:09:52	psychology that's now being stirred up. Because you're in the market. You chased
761	01:09:52 --> 01:09:59	price and you didn't do anything and you completely lost the plot. Uncomfortable
762	01:10:00 --> 01:10:06	Isn't it? It just happened to you this week, didn't it? Market went where you
763	01:10:06 --> 01:10:11	thought it was gonna go, but you lost on your trades. I just pegged you. How do I
764	01:10:11 --> 01:10:23	know it? Because I did that when I was 20. I did it multiple accounts. Some of
765	01:10:23 --> 01:10:29	it resulted in losing trade accounts entirely. Do you need to lose your
766	01:10:29 --> 01:10:33	trades in stunning fashion or blow your accounts to learn that lesson from me?
767	01:10:33 --> 01:10:38	It's, I would have loved to have someone explained it to me like this, I would
768	01:10:38 --> 01:10:43	have never looked at them and said, Well, you're, you're talking about all
769	01:10:43 --> 01:10:49	this terrible stuff, like motivate me, man. I would have never done it. I don't
770	01:10:49 --> 01:10:53	mean like, you know what, this is exactly what I need to hear. You're not
771	01:10:53 --> 01:10:57	You're not fluffing me up with some bullshit. And I hear promising me that
772	01:10:57 --> 01:11:01	I'm gonna get rich overnight. You've given me the things I have to concern
773	01:11:01 --> 01:11:05	myself with, that I'm gonna have to wrestle with these are the real things.
774	01:11:05 --> 01:11:12	Is it a brass tacks of trading? And it's it when you hear it? It feels like I'm
775	01:11:12 --> 01:11:16	talking down to you. Or someone new to come here. Oh, you know, I don't want to
776	01:11:16 --> 01:11:22	listen to this guy. He's talking down to his students. No, no, no, I'm not. I'm
777	01:11:22 --> 01:11:26	talking to you eye to eye and come into where you are. Because I've been they're
778	01:11:27 --> 01:11:31	not talking down to you. I'm taking myself right back to the location where
779	01:11:31 --> 01:11:35	you're at right now. I'm telling you, the guy that you look highly up and have
780	01:11:35 --> 01:11:40	high regard for now. I didn't get this insight by having fucking candy bar
781	01:11:40 --> 01:11:46	shoved up my ass. Okay, it hasn't been easy. It's literally a war, you have to
782	01:11:46 --> 01:11:50	go through a lot of stuff. And books just don't make it plain enough for you.
783	01:11:52 --> 01:11:56	Like you have to go through it. And it's not easy. There is no shortcuts to it.
784	01:11:57 --> 01:12:01	It's all normal, though. And the way you get through it, is to get through it.
785	01:12:02 --> 01:12:08	And how do you do it successfully by not having a whole lot of results oriented,
786	01:12:08 --> 01:12:14	you know, progress in terms of a monetary sense. So remove that. Because
787	01:12:14 --> 01:12:20	if you can do one thing that your cookie cutter approach, that little thing that
788	01:12:20 --> 01:12:25	you do over and over and over again that repeats. What does that mean? Well,
789	01:12:25 --> 01:12:30	husbands boyfriends are those in the culinary arts. You go down to your
790	01:12:30 --> 01:12:35	kitchen pool, open the drawer that has all your cookie cutters in it. Just
791	01:12:35 --> 01:12:38	reach in and grab one randomly doesn't matter which one it is okay, and eat,
792	01:12:38 --> 01:12:43	grab that cookie cutter in your hand. Close your eyes and then hold it in your
793	01:12:43 --> 01:12:46	hand and feel it. You know the shape is the star or it's the snowman cookie
794	01:12:46 --> 01:12:51	cutter for Christmas. It might be the pumpkin, cookout cutting cookie cutter
795	01:12:51 --> 01:12:57	for cut out for Halloween is coming out and thanksgiving. All those bends and
796	01:12:57 --> 01:13:00	contortions in the shape of that cookie cutter. You don't need to lay eyes on
797	01:13:00 --> 01:13:03	that you just know it, you know intimately is you can feel it. You've
798	01:13:03 --> 01:13:09	seen it before. Why? Why are you comfortable? If I was to ask you what
799	01:13:09 --> 01:13:13	you're holding what cookie cutter is it because you've seen it before. You don't
800	01:13:13 --> 01:13:17	need to lay your hand and lay your eyes on it. You know, if you open your eyes
801	01:13:17 --> 01:13:21	up, it's going to be the very thing you just said why? experience but you didn't
802	01:13:21 --> 01:13:25	look at it. The same thing is what you're conditioned yourself to do with
803	01:13:25 --> 01:13:30	this price action. You know that this fair value gap is going to form it's
804	01:13:30 --> 01:13:35	going to fucking form every single day between 10 o'clock and 11 o'clock
805	01:13:35 --> 01:13:40	without fail. It will always be there 100 Fucking percent it's going to be
806	01:13:40 --> 01:13:45	there. You need not worry about it. It's going to fucking be there. I don't care
807	01:13:45 --> 01:13:48	if they're blowing shit up around the fucking world. I don't care if the
808	01:13:48 --> 01:13:53	fucking president gets fucking COVID 26 It doesn't fucking matter. This stuff is
809	01:13:53 --> 01:13:56	going to keep working. It's going to keep working every fucking week, every
810	01:13:56 --> 01:14:00	fucking day and it won't fucking stop. But you're not limiting yourself to
811	01:14:00 --> 01:14:07	doing just these things to prove it to yourself. I have literally taken you
812	01:14:07 --> 01:14:14	down to 60 minutes and said, see if what I'm saying is bullshit or not. And guess
813	01:14:14 --> 01:14:24	what? It's there every fucking day. Every day, every day. London pre New
814	01:14:24 --> 01:14:29	York session, New York session, afternoon session. Last hour trading.
815	01:14:30 --> 01:14:36	Come on. Listen, you don't have any excuse. Why you shouldn't wait for
816	01:14:36 --> 01:14:41	yourself the form. If you miss it, if you get a stop out or if it doesn't work
817	01:14:41 --> 01:14:45	for that one setup. You did it wrong. You did it wrong. Guess what that means?
818	01:14:46 --> 01:14:50	You have an opportunity maybe in the same day to correct it or study and
819	01:14:50 --> 01:14:57	build your confidence back up. But you're taking motivation and turning it
820	01:14:57 --> 01:15:01	into mania. Oh Don't rush through this, learn how to do it because I'm gonna go
821	01:15:01 --> 01:15:11	and try to do five or six maximum funded accounts. And I'm going to do this and
822	01:15:11 --> 01:15:15	do that with the trading, I'm gonna be an overnight success, no one's gonna be
823	01:15:15 --> 01:15:18	able to do it fast. And I'm gonna be the fastest meteoric rise in funded account
824	01:15:18 --> 01:15:26	trading. You're making it harder news needs to be, really are. And you might
825	01:15:26 --> 01:15:28	get a little bit of success here and here, but you're gonna go out there and
826	01:15:28 --> 01:15:33	flaunt it, like it was the easiest thing since you know, riding your bike now,
827	01:15:33 --> 01:15:36	you've probably been doing your whole life. It's easy. It's like riding a bike
828	01:15:36 --> 01:15:44	now. And you're gonna lie to yourself in a lot anybody else's listening. Like
829	01:15:44 --> 01:15:53	you're you're, you're providing all of the outside noise and justification,
830	01:15:53 --> 01:15:59	that's not helping you. You're willing to go through all those things, you're
831	01:15:59 --> 01:16:05	willing to enter a trade. When there is no setup, it hasn't formed yet, the
832	01:16:05 --> 01:16:09	framework is likely to be there. The draw on liquidity where it's going to go
833	01:16:09 --> 01:16:12	ultimately, you're in the session, it's probably going to go up here. But right
834	01:16:12 --> 01:16:16	now it's running in the direction of the trade profit, you don't want to enter
835	01:16:16 --> 01:16:21	like that. You wait for it to draw down into a PDA or up into a PD, right? If
836	01:16:21 --> 01:16:27	you're bearish. And then by doing that, you know that there is a there's a range
837	01:16:27 --> 01:16:32	in which it's permissible. It can color outside that Faraday gets a little bit
838	01:16:34 --> 01:16:39	pissy when you impulsively enter, what you're really doing. And this is the
839	01:16:39 --> 01:16:46	truth, folks, you're afraid that this thing that you're trying to do as a
840	01:16:46 --> 01:16:51	model is going to fail in your own hands. And you know, that if it does,
841	01:16:51 --> 01:16:55	and you do everything that you think is correct, you're not going to stick with
842	01:16:55 --> 01:16:58	it. And you're going to start all over again, chasing something else and focus
843	01:16:58 --> 01:17:02	on this nail down 90% of you motherfuckers you don't want to listen,
844	01:17:02 --> 01:17:05	because you're afraid you're going to do it wrong. And then you're going to fault
845	01:17:05 --> 01:17:08	the model, you're gonna fault the approach and in you because you're,
846	01:17:08 --> 01:17:12	you're impulsive, you're gonna go out and chase Elliot waves, you're gonna
847	01:17:12 --> 01:17:14	chase harmonic patterns you're gonna chase and some other bullshit
848	01:17:20 --> 01:17:26	crazy in it? How can I do this? Because I did the same stupid shit. have done
849	01:17:26 --> 01:17:33	the same stuff, folks. You have to change your perspective. You have to be
850	01:17:33 --> 01:17:38	accountable to yourself. And you also have to give yourself the opportunity to
851	01:17:38 --> 01:17:44	do it right. And have the fruits of it. Just like when you win, and you have a
852	01:17:44 --> 01:17:51	series of good winning trades, and it's still Tuesday. That's not an invitation
853	01:17:51 --> 01:17:53	because you have Wednesday and Thursday and Friday still the trade? Well, you
854	01:17:53 --> 01:18:01	know, I gotta push my edge into adult blunt fucking edge. So many times, I've
855	01:18:01 --> 01:18:06	seen students and I've done this before you go in there, you get a windfall
856	01:18:06 --> 01:18:11	victory in the beginning the week, much larger than you normally would. Yeah,
857	01:18:11 --> 01:18:17	man. I'm really good to shit. I'm gonna go out there and I'm gonna impress my
858	01:18:17 --> 01:18:19	wife, she's finally gonna realize that seeing a video game less, I'm gonna tell
859	01:18:19 --> 01:18:22	her what I'm going to do over here and boop, boop, boop, and in areas to get
860	01:18:22 --> 01:18:27	back half of it, or a third of it, or worse, all that more, then you go into
861	01:18:27 --> 01:18:32	the weekend with a loss. That is demoralizing. That sucks. That really
862	01:18:32 --> 01:18:36	sucks. Especially if you showed everybody online. And beginning the
863	01:18:36 --> 01:18:39	week, here's what I made, here's what I made. And then they're like, progress
864	01:18:39 --> 01:18:46	report, where yet Am I a baby I am coming on, I got things to do. radio
865	01:18:46 --> 01:18:52	silence, you're making it harder on yourself by doing that. So you have to,
866	01:18:53 --> 01:18:57	you have to weigh all these things out. And also provide no opportunity for them
867	01:18:57 --> 01:19:03	to be in the trading. So it becomes less of an impact adversely. Because it's
868	01:19:03 --> 01:19:06	real easy to talk yourself out of this. Because it's hard. It's really, really
869	01:19:06 --> 01:19:12	hard. And what makes it hard is is that you are equating success and failure on
870	01:19:12 --> 01:19:21	a personal level. Think about it as a business. Okay, think about like this,
871	01:19:21 --> 01:19:25	you have a business and you do some kind of customer service for the business for
872	01:19:25 --> 01:19:29	some for the community at large. Okay, say you run a landscaping business,
873	01:19:29 --> 01:19:32	okay. And I'm thinking of that now because it's raining and usually the
874	01:19:32 --> 01:19:36	landscaping company would be here today but it's raining so they're they're not
875	01:19:36 --> 01:19:39	able to make their money today, so I'll probably see him tomorrow. So they
876	01:19:39 --> 01:19:45	perform a function our service for the community. If I say to this business
877	01:19:45 --> 01:19:50	owner or the employees of and say hey, listen, your we need areas is tearing up
878	01:19:50 --> 01:19:54	the pillar. Oh my poor house. I'm not making this up. This is something I'd be
879	01:19:54 --> 01:19:58	bitching about. But if I say that to this person, if I say it's just the the
880	01:19:58 --> 01:20:04	employee held It's not his head, and then say, okay, sorry, I'll tell so and
881	01:20:04 --> 01:20:09	so. And it's it, nothing's gonna happen. And unless he's the person that's using
882	01:20:09 --> 01:20:15	the weedeater each time, it nothing's gonna change. But if I call the company,
883	01:20:15 --> 01:20:20	and I speak to the owner and say, Hey, listen, this is what's going on. And I
884	01:20:20 --> 01:20:22	just want to bring to your attention. Can you make sure that this continue?
885	01:20:23 --> 01:20:26	Oh, absolutely, sir, I apologize, we're gonna take care of everyone. And once he
886	01:20:26 --> 01:20:31	has handled that situation, in conversations over, he's not worrying
887	01:20:31 --> 01:20:34	about me the rest of the day, he's not worrying about losing his account with
888	01:20:34 --> 01:20:38	me, he's not worrying about, you know, his future business, he's not going to
889	01:20:38 --> 01:20:42	charge start doing shit differently. He handles that matter right then and
890	01:20:42 --> 01:20:48	there. And it's without emotion. It's just business to him. He understands
891	01:20:48 --> 01:20:53	that not all customers are going to come in with a, you have a wonderful review.
892	01:20:55 --> 01:20:58	I could contact and say, You're done, I'm gonna use somebody else, because
893	01:20:58 --> 01:21:03	this is what's going on. I bet I just discovered it. But he's not going to
894	01:21:03 --> 01:21:09	stop becoming. Or he's not going to stop running his landscaping company because
895	01:21:09 --> 01:21:14	I complained, or maybe even dropped them. That's not, that's not what he's
896	01:21:14 --> 01:21:19	gonna do. Why? Because his fucking business model works. And I'm one
897	01:21:20 --> 01:21:25	transaction, I'm one source of a model. He knows if he comes to this property
898	01:21:25 --> 01:21:31	once a week, and does this same thing, I will pay him that's the result he's
899	01:21:31 --> 01:21:36	going to do. The same thing that you're trading, you got treated the same way.
900	01:21:37 --> 01:21:41	Not every single trade is going to yield the best review, the outcome is not
901	01:21:41 --> 01:21:47	going to be as the favorable one. But does it take you out of reaching for
902	01:21:47 --> 01:21:52	that model, or having faith in it being useful in the future? No, because it's
903	01:21:52 --> 01:21:56	just like that cookie cutter. You can't ask the cookie cutter to be a rolling
904	01:21:56 --> 01:22:02	pin. It's not its function. Just like you can't ask the silver bullet to be
905	01:22:02 --> 01:22:07	there. You know, in times where it's not favorable for it, where's the
906	01:22:07 --> 01:22:11	consolidation, and it's going to consolidate in Asia, or after four
907	01:22:11 --> 01:22:18	o'clock, going into five o'clock in afternoon session. There's, there's no,
908	01:22:18 --> 01:22:23	there's no silver bullet between five cups and 4pm and 5pm. But the markets
909	01:22:23 --> 01:22:31	moving. It's, it's still ticking around. But there is no setup there. I would
910	01:22:31 --> 01:22:33	never look at that and say, This is a silver bullet, this is a fair backup, I
911	01:22:33 --> 01:22:38	would sell short or go long. And because of the timing of it, you're asking that
912	01:22:38 --> 01:22:44	model to exist in a time when it's not going to be there. Which is the
913	01:22:44 --> 01:22:46	equivalent of taking a cookie cutter and saying I'm going to use it as a rolling
914	01:22:46 --> 01:22:49	pin, it won't work, it doesn't work. It's not a hammer. It's not a
915	01:22:49 --> 01:22:58	screwdriver, you know. But you know, that cookie cutter, if you lay it into
916	01:22:58 --> 01:23:02	dough, okay, you take that dough, and you spread it across your counter and
917	01:23:02 --> 01:23:04	you take that cookie cutter and you press it down into that dough that's
918	01:23:04 --> 01:23:09	rolled out. And you know, when you lift that cookie cutter up slowly, and you
919	01:23:09 --> 01:23:13	follow all the processes of rolling the dough out, taking the gutter and
920	01:23:13 --> 01:23:17	pressing it down in maybe slightly twisting it back and forth a little bit,
921	01:23:17 --> 01:23:21	and then slowly raising it up, you're gonna have a cut out of that dough in
922	01:23:21 --> 01:23:26	the form of that cookie cutter. That's what your trading model is. That's what
923	01:23:26 --> 01:23:31	I'm teaching you to look at that five point run that five handle run in s&p.
924	01:23:32 --> 01:23:37	Because if you can do this, if you can stick to the process of handling that
925	01:23:37 --> 01:23:41	cookie cutter, the fairway gasps overboard, that takes five points or
926	01:23:41 --> 01:23:45	five handles out of the marketplace. And you consistently are able to do that and
927	01:23:45 --> 01:23:50	nothing else, guess what you're doing? You're you're forging, patience. You're
928	01:23:50 --> 01:23:54	forging real experience that no one can take away from you. And you're learning
929	01:23:54 --> 01:23:57	a lot about yourself what you're going to be feeling. Are you feeling
930	01:23:57 --> 01:24:01	impulsive? Are you feeling impatient, the trades not panning out fast enough
931	01:24:01 --> 01:24:06	for you where you're at is by being in the marketplace doing it. You have to
932	01:24:06 --> 01:24:10	engage it and you won't feel impulsive. Like, I just got it in the street 30
933	01:24:10 --> 01:24:16	seconds ago, it should have already done five handles by now. I know what it
934	01:24:16 --> 01:24:20	feels like, if you want it to be painless, and I'm telling you it's going
935	01:24:20 --> 01:24:28	to be painful. But it's worthwhile. It's worth while doing it. It's got an
936	01:24:28 --> 01:24:35	outcome that is worth doing. That is not 100% success. But that less than 100%
937	01:24:35 --> 01:24:42	success rate equates to your success ultimately. But you're trying to avoid
938	01:24:42 --> 01:24:45	any losing. You're trying to avoid any kind of hardships or any kind of
939	01:24:45 --> 01:24:50	embarrassment or discoveries about yourself and you want to not fail using
940	01:24:50 --> 01:24:56	it because you're weak. You're an undisciplined, you have no sense of self
941	01:24:56 --> 01:25:00	responsibility. And you know yourself well enough that if you Fail using the
942	01:25:00 --> 01:25:04	model based on the rules, you're going to associate that one failure with it's
943	01:25:04 --> 01:25:07	ultimately sucks. It's fraud and, and I'm never gonna be able to do it. And I
944	01:25:07 --> 01:25:10	have to justify things outside of myself, hold myself to no
945	01:25:10 --> 01:25:13	accountability. And I have to chase something else. And I don't want to do
946	01:25:13 --> 01:25:21	all that again. That's the reality, folks. This is actually going to be a
947	01:25:21 --> 01:25:27	chapter in the book, but I wanted to say it. I wanted to say these things.
948	01:25:27 --> 01:25:32	Because reading in words, it's easy to dislike. I saw the letters there, I saw
949	01:25:32 --> 01:25:35	the spaces between the words, but I really didn't take anything from that.
950	01:25:35 --> 01:25:39	It's just filler, it's fluff. But this is the real shit, folks, this is what
951	01:25:39 --> 01:25:45	really goes on when you're pressing the button and it matters. This is the stuff
952	01:25:45 --> 01:25:49	that goes on to your your thoughts, which are wrestling with which are
953	01:25:49 --> 01:25:58	pretending isn't there. But in reality, this is really what it is. If I would
954	01:25:58 --> 01:26:00	have titled this Twitter space
955	01:26:06 --> 01:26:11	all the shit that's causing you to lose and how he's going to continue doing it.
956	01:26:15 --> 01:26:17	You probably wouldn't want to watch it probably wouldn't have listened to it.
957	01:26:18 --> 01:26:24	Because you need to be. You need to be around someone like Tony Robbins wants
958	01:26:24 --> 01:26:26	to tickle your ass with a feather and say, Hey, I think it's gonna be great
959	01:26:26 --> 01:26:29	your success during the making. Everything's great for you. You're not
960	01:26:29 --> 01:26:32	going to fail. Never accept failure, because it's never going to happen for
961	01:26:32 --> 01:26:38	you. Get the fuck out of here. This guy used to be a fucking janitor. Okay, and
962	01:26:38 --> 01:26:43	so all kinds of bullshit blowing smoke up people's asses. Walking on coals.
963	01:26:43 --> 01:26:46	Yeah, you can walk on coals stand on the fucking coals then you're going to
964	01:26:46 --> 01:26:52	impress me. It's fucking physics. The people see that shit like well, and
965	01:26:52 --> 01:27:06	that's fine some gurus. Meanwhile, Tony route his brain. On following that guy
966	01:27:06 --> 01:27:09	Grant Cardone follows me. I don't know how it happened. But if you're listening
967	01:27:09 --> 01:27:18	grant Edelman. The the new week that's coming. I'm gonna say this, close it up.
968	01:27:23 --> 01:27:26	When you're practicing, or when you're reading the tape, or if you're dealing
969	01:27:26 --> 01:27:29	you're demoing or if you're gonna be taking another trade that would be
970	01:27:29 --> 01:27:35	gainful. If it was to be profitable, whether it be funded account, funded
971	01:27:35 --> 01:27:41	account, combine or live account funds. I want you to think about what I said
972	01:27:41 --> 01:27:48	today. And want you to take it to heart. Because if you start feeling that, and
973	01:27:48 --> 01:27:56	you feel like you just want to get in there, turn the chart off, walk away and
974	01:27:56 --> 01:28:03	don't do anything. Come back to it an hour later, and see what would have
975	01:28:03 --> 01:28:07	happened. And be honest with yourself. If you would have did the impulsive
976	01:28:07 --> 01:28:14	entry, how much drawdown would you have gone through? Did it Did it run without
977	01:28:14 --> 01:28:17	having a setup form later on, and still ultimately go to where your mind would
978	01:28:17 --> 01:28:25	have said it's gonna be hard for you to do this next to impossible. But for the
979	01:28:25 --> 01:28:28	folks that really are here trying to learn, they want to have excellence in
980	01:28:28 --> 01:28:32	their executions. They want to be able to trust themselves as a trader, the
981	01:28:32 --> 01:28:36	operator using the information and not be impulsive, like a gambler at the
982	01:28:36 --> 01:28:39	casino this screw it I got 100 bucks left. I'm just tired of this. Let me
983	01:28:39 --> 01:28:43	just lose everything. So that link I can't I can't come back to the table
984	01:28:43 --> 01:28:49	now. I can't come back to this slot machine. I don't know why I can't I have
985	01:28:49 --> 01:28:51	for life. I can never remember the name that thing. I got it right this time
986	01:28:51 --> 01:28:58	slot machine. You a gambler. They don't have control themselves. They just they
987	01:28:58 --> 01:29:06	lose themselves. And I don't gamble in casinos. I've taken $100 to a casino was
988	01:29:06 --> 01:29:09	my first year anniversary, went to Atlantic City stayed at Taj Mahal, not
989	01:29:09 --> 01:29:14	because I like Trump, but because that's we had a comp there from a friend of the
990	01:29:14 --> 01:29:19	family. And they let us stay in his room and it was really nice. But I knew
991	01:29:19 --> 01:29:23	enough about myself that I don't want to take money there. And gamble so I said
992	01:29:23 --> 01:29:27	I'll just put 100 bucks into a slot machine. And whatever happens I don't
993	01:29:27 --> 01:29:33	care. And it took forever like five fucking hours for me to lose this 100
994	01:29:33 --> 01:29:36	bucks every time I went down, down, down, down down. I never went higher
995	01:29:36 --> 01:29:42	thinking like $115 is the highest one. So my best was $15 But who's gonna stop
996	01:29:43 --> 01:29:47	it? 15 bucks, right? But for hours and hours and hours it would drop down I'm
997	01:29:47 --> 01:29:52	down to 30 and all sudden in Burma we're up to 8090 bucks 100 bucks, maybe one or
998	01:29:52 --> 01:29:56	two something like that, but never one above 115 And they would drop me back
999	01:29:56 --> 01:30:01	down into 20s and 15 that down like 12 one time as Okay, won't be long now it's
1000	01:30:01 --> 01:30:05	going to be gone, and radon back up to 275 80 out. And I'm like, What the hell.
1001	01:30:05 --> 01:30:10	And at this point, I'm like, man, what this shit is maximum bets, I want to
1002	01:30:10 --> 01:30:13	lose this now, because I don't have the discipline to get up and walk away from
1003	01:30:13 --> 01:30:17	it. Because in my mind, I'm thinking, I'm gonna get lucky, you know, the three
1004	01:30:17 --> 01:30:21	sevens might come up, you know, it might get whatever the machine title was
1005	01:30:21 --> 01:30:28	thrown near flashing above it. That's what happens in trading, every single
1006	01:30:28 --> 01:30:33	time I lost my account, it was the same thing, I would make a little bit of
1007	01:30:33 --> 01:30:37	money, I'd lose a little bit of money, make a little bit of money, but not go
1008	01:30:37 --> 01:30:41	back to the same equity high or the the opening balance, and then withdrawal
1009	01:30:41 --> 01:30:45	back down again. And then I'd get mad because it would just be back and forth,
1010	01:30:45 --> 01:30:50	back and forth, just underwater. And I just wanted to hit that one trade to put
1011	01:30:50 --> 01:30:54	me back above water. Because in my mind, I was thinking 20 year old, you know,
1012	01:30:54 --> 01:30:58	even if I have a failure here, I got plenty of time to make more money and
1013	01:30:58 --> 01:31:03	refund it. That was my excuse, that was the insurance policy. That's bullshit.
1014	01:31:04 --> 01:31:08	That's that's the wrong mentality, you need to treat it like it's the only
1015	01:31:08 --> 01:31:11	account that you're ever going to have. That means it means something to you.
1016	01:31:11 --> 01:31:23	It's your child's education fund. When you start thinking like that, it ain't
1017	01:31:23 --> 01:31:29	your girl money. It ain't your I can replace it with something I can do over
1018	01:31:29 --> 01:31:35	here or there. It means something to you. When you conduct it, with that in
1019	01:31:35 --> 01:31:40	mind, and you are held accountable, which is real hard in this industry,
1020	01:31:40 --> 01:31:45	because how can you be accountable to anyone that doesn't do it, too. It's not
1021	01:31:45 --> 01:31:50	like you can go to your spouse, your boyfriend, girlfriend, fa Miller, co
1022	01:31:50 --> 01:31:53	workers and say, Hey, here's what I'm doing. And I want to show you what I'm
1023	01:31:53 --> 01:31:56	doing. And when I'm wrong, I want you to be able to say, you know, are you
1024	01:31:56 --> 01:32:00	following the model, they want those opportunities, they wouldn't be I'd say,
1025	01:32:01 --> 01:32:04	I told you what's going to work. So you're not gonna be comfortable and
1026	01:32:04 --> 01:32:09	honest. And your spouse isn't going to see it, they're not going to see it,
1027	01:32:10 --> 01:32:13	they're not going to believe it, they're not going to be behind you. Because
1028	01:32:13 --> 01:32:17	they've never seen this before. You haven't seen it before, you brought
1029	01:32:17 --> 01:32:21	nothing for them to feel confident about what it is they should trust. There's no
1030	01:32:21 --> 01:32:24	evidence that what you're doing is a worthwhile investment and you're trying
1031	01:32:24 --> 01:32:30	to risk money, it seems like gambling, it seems like nothing more than going to
1032	01:32:30 --> 01:32:37	a casino to they're not going to support you, they're not going to be a means of
1033	01:32:37 --> 01:32:44	holding you accountable in a realistic manner without being too judgmental. So
1034	01:32:44 --> 01:32:52	you have to do it. You own all this responsibility. You're the CEO. You're
1035	01:32:52 --> 01:32:58	the CFO, you're the manager, you're the employee. You're the HR department,
1036	01:32:59 --> 01:33:07	you're all of it. And when you fail, you failed. Not the model. Not the broker
1037	01:33:07 --> 01:33:17	did it to me. You did. You did. When I lost my accounts, it was every bit of my
1038	01:33:17 --> 01:33:21	responsibility. At a time I was looking for every possible way where I can
1039	01:33:21 --> 01:33:26	justify somebody else's fault. Because I was angry. And I was angry and ignorant
1040	01:33:26 --> 01:33:29	the same time. And that's a terrible combination, especially today where we
1041	01:33:29 --> 01:33:35	have access to people's time, their eyes, reading tweets and bullshit that's
1042	01:33:35 --> 01:33:38	posted directly to them, because they wouldn't say that shift was in front of
1043	01:33:38 --> 01:33:43	them. People People have bravery today, because they're separated by 1000s of
1044	01:33:43 --> 01:33:49	miles. Anything and anonymity protects them. But that same kind of shit
1045	01:33:49 --> 01:33:58	wouldn't fly in the streets. Feature fucking card punch real quick. But you
1046	01:33:58 --> 01:34:05	invite social media, you invite toxicity, and all of those effects.
1047	01:34:06 --> 01:34:12	You're inviting at the time of your trade. You don't realize you're doing it
1048	01:34:12 --> 01:34:16	but you are because you're in a hurry, to have something to be able to share
1049	01:34:16 --> 01:34:21	and champion online. Because in your mind before you get these wins before
1050	01:34:21 --> 01:34:26	you get this profit. You're saying to yourself, I want to have this so I can
1051	01:34:26 --> 01:34:32	go online and share it with ICT and he'll retweet it or I want to share this
1052	01:34:32 --> 01:34:35	with the people that I'm in a community with. And they're going to be able to
1053	01:34:35 --> 01:34:40	say, Oh, that's awesome. I saw so and so he did or she did this today. And you'll
1054	01:34:40 --> 01:34:44	be a sense of encouragement to someone else and then therefore makes you
1055	01:34:44 --> 01:34:49	significant. But you're already significant. You're a work in progress.
1056	01:34:50 --> 01:34:56	But you're looking for outward signs of significance. versus you having comfort
1057	01:34:56 --> 01:35:00	in your own skin knowing that what you're about to do is what you Always
1058	01:35:00 --> 01:35:04	will do. You're not reinventing the wheel, you're not trying to do something
1059	01:35:04 --> 01:35:09	new. You're not letting the motivation become impulse. You're carrying the
1060	01:35:09 --> 01:35:17	motivation to execution, execution, execution. It's about that that's the
1061	01:35:17 --> 01:35:21	process. That's the model. It's about following the fucking rules. And if you
1062	01:35:21 --> 01:35:25	do that, by default, you will get the results you're looking for. But if you
1063	01:35:25 --> 01:35:31	don't do those things, and you can include outward opinions, or being led
1064	01:35:31 --> 01:35:35	to do things, for the purposes of being able to show somebody else that you did
1065	01:35:35 --> 01:35:41	something. You want to prove somebody wrong, you want to prove somebody
1066	01:35:41 --> 01:35:45	inferior to your ability to trading, you want to prove that your method is better
1067	01:35:45 --> 01:35:52	than their method, my method, it's yours, and back and forth bullshit. I
1068	01:35:52 --> 01:35:59	went out there this week cautious. Told you it's in the morning session on one
1069	01:35:59 --> 01:36:01	of these, I can't remember what it was. But
1070	01:36:04 --> 01:36:08	there was nothing algorithmic in the morning session. It was all manual
1071	01:36:08 --> 01:36:12	intervention, it was back and forth. None of the PD arrays were supporting
1072	01:36:12 --> 01:36:16	it, it really wasn't running for liquidity. It was his painting back and
1073	01:36:16 --> 01:36:20	forth, up and down, up and down at sea can destroy. If I trade that, I will
1074	01:36:20 --> 01:36:28	have my eyes handed to me. So I cut bait. I'm going to wait for something to
1075	01:36:28 --> 01:36:36	make sense. I told you, I would rather see it do this reach up to this specific
1076	01:36:36 --> 01:36:41	Basa liquidity. And above that there is a range, these very specific levels, I
1077	01:36:41 --> 01:36:47	want to see it go up there. And then I believe they'll drop it lower off by one
1078	01:36:47 --> 01:36:48	tick.
1079	01:36:53 --> 01:37:00	Yesterday, beautiful execution, beautiful execution. But it's in a week
1080	01:37:00 --> 01:37:07	where what I just described and explain to you. This is the number one reason
1081	01:37:07 --> 01:37:13	why. Okay? This is the absolute number one reason why I don't sit down with you
1082	01:37:13 --> 01:37:18	live and go through the motions of doing this. Because many of you have
1083	01:37:19 --> 01:37:23	confirmation bias, like you have to have confirmation that if I say I'm doing
1084	01:37:23 --> 01:37:27	something, or if I take a trade and I enter it live, and I'm talking about if
1085	01:37:27 --> 01:37:31	I use a limit order, where you can see that owner orders resting before the
1086	01:37:31 --> 01:37:35	market gets there, you all could potentially copy that trade. But not all
1087	01:37:35 --> 01:37:42	of you will, some of you are going to be well, a little skeptical, not in the
1088	01:37:42 --> 01:37:47	sense that I might not be able to do it right. But you need because you're gonna
1089	01:37:47 --> 01:37:51	be risking your money. That's exactly what you want to do. You wanna be able
1090	01:37:51 --> 01:37:54	to copy what I'm doing. And the ones that won't take the actual orders,
1091	01:37:54 --> 01:37:57	you're gonna wait and see if it starts moving in a direction I think it's going
1092	01:37:57 --> 01:38:01	to be so my order would be filled, I'm already in profit, it's running towards
1093	01:38:01 --> 01:38:05	my target, then you would do what I'm explaining here. The motivation for you
1094	01:38:05 --> 01:38:10	to want to take the trade. Now, you become impulsive. And you'll chase it.
1095	01:38:11 --> 01:38:16	And what will happen is exactly what the fuck happened on Internet Relay Chat.
1096	01:38:16 --> 01:38:21	Back in 2000 in 2001, where I was hosting a chat room. I was literally
1097	01:38:21 --> 01:38:27	calling the s&p. I was telling everybody what my orders were where my stop were,
1098	01:38:27 --> 01:38:36	where my target was. I was doing that. And I had people saying I lost fucking
1099	01:38:36 --> 01:38:41	money following you today because this this and this. Okay, show me your fills
1100	01:38:42 --> 01:38:47	six and a half, seven fucking handles past where my order was. That's not
1101	01:38:47 --> 01:38:54	following me. That's chasing me when I'm already winning. And in social media,
1102	01:38:54 --> 01:38:58	people have a tendency to be able to pitch online about things that are
1103	01:38:58 --> 01:39:04	absolutely 100% their fucking fault. And then people that don't know that any
1104	01:39:04 --> 01:39:09	better. Just show up like a car driving by a car car accident. They're turning
1105	01:39:09 --> 01:39:14	their heads in rubbernecking. Oh, wow, what's going on? Oh, this guy said this,
1106	01:39:14 --> 01:39:17	this this and he apparently he must not be able to trade because that person
1107	01:39:17 --> 01:39:21	found and they lost money. When the details are my trade worked out fucking
1108	01:39:21 --> 01:39:26	perfectly. And you didn't do anything right? And you chase something. And now
1109	01:39:26 --> 01:39:31	you're pissed off because You wrecked yourself. You didn't listen, you didn't
1110	01:39:31 --> 01:39:35	even use the model. You just chase something you think okay, it's finally
1111	01:39:35 --> 01:39:41	proven to me that it's going to keep moving. And then you got sucked into the
1112	01:39:41 --> 01:39:45	drawdown that's natural. It didn't reverse. But you can't handle it.
1113	01:39:46 --> 01:39:49	Because you don't know how to trade and you didn't do anything in the model.
1114	01:39:49 --> 01:39:57	You're just impulsively chasing price. And because Human nature being what it
1115	01:39:57 --> 01:40:00	is, you like anyone else with a weak mind would say Well, it's not I
1116	01:40:00 --> 01:40:05	responsibility. I didn't lose money. You cause me to lose money when I didn't
1117	01:40:05 --> 01:40:12	push the fucking button bitch? You did. You did that. And I have students in my
1118	01:40:12 --> 01:40:17	mentorship that in every intake, some of them tried to do that shit. And I said,
1119	01:40:18 --> 01:40:22	Show me where I told you the entry pattern was? Where was the entry price
1120	01:40:22 --> 01:40:25	on it? Where was the stop loss at that you employed? Where do you hear me say
1121	01:40:25 --> 01:40:32	that didn't happen. But it went to where I said it was gonna go. You are to
1122	01:40:32 --> 01:40:37	study, which one of these PDE arrays Do you see continuously occurring? Whenever
1123	01:40:37 --> 01:40:40	I point to something in the price delivery, this is where I think he's
1124	01:40:40 --> 01:40:44	gonna go. And it runs there. When you observe and you study price action, what
1125	01:40:44 --> 01:40:48	are you seeing, because not everybody's gonna see a fair value gap, not
1126	01:40:48 --> 01:40:52	everybody's gonna see a mitigation block, nobody's gonna see nothing,
1127	01:40:52 --> 01:40:57	right. But everybody isn't going to see a breaker, the one that jumps off at you
1128	01:40:57 --> 01:41:02	that you're just able to see right away real quick and easy. That's the one you
1129	01:41:02 --> 01:41:10	start with. Because you're all going to learn from that one foundation, how you
1130	01:41:10 --> 01:41:13	can apply every PDA right after that, but you got to get good at one of them.
1131	01:41:14 --> 01:41:18	How's that possible, because you're all doing the same damn thing. The markets
1132	01:41:18 --> 01:41:22	gonna go to liquidity or inefficiency. And you have to have experience working
1133	01:41:22 --> 01:41:30	towards getting that goal as a skill set that you can lean on. If I'm 100%
1134	01:41:30 --> 01:41:34	confident that I know which side is going to go for buy side or sell side.
1135	01:41:35 --> 01:41:40	But it'd be in the form of inefficiency or actual liquidity below or above
1136	01:41:40 --> 01:41:44	highs. Whichever those two instances are whatever I settle in on, and I'm
1137	01:41:44 --> 01:41:48	confident with it. When I show you my pyramids, when I'm building up a
1138	01:41:48 --> 01:41:54	position, I'm literally trading every fucking PD array that's forming from the
1139	01:41:54 --> 01:41:57	time I get into trade until it gets to 50% of the range that I'm expected to
1140	01:41:57 --> 01:42:02	see pan out, then I can't do any more pyramid entries. But I'm literally
1141	01:42:02 --> 01:42:06	trading every fucking pedia right? Just to prove and stick it in the assets of
1142	01:42:06 --> 01:42:09	everybody had doubts this stuffing really there, I do that in any one of
1143	01:42:09 --> 01:42:14	those pyramid entries could be your unique entry model. It's not it's not
1144	01:42:14 --> 01:42:19	selling the idea that that's better than the the other ones that I've taken. Any
1145	01:42:19 --> 01:42:24	one of those can be what you're looking for, but does it resonate with you. And
1146	01:42:24 --> 01:42:27	what happens is, when I do this, you all want to just go out and say I want to be
1147	01:42:27 --> 01:42:33	able to do that I want to do eight entries, and capture this big run up for
1148	01:42:33 --> 01:42:39	Paul. That's what I mean when I say I'm not the best mentor, because I don't
1149	01:42:39 --> 01:42:44	always have the best way of teaching the methodology that I'm trying to employ
1150	01:42:44 --> 01:42:51	teaching a concept many times gets lost in translation. And that's why sometimes
1151	01:42:51 --> 01:42:54	you'll say something to me that otherwise, you know, it's a really nice
1152	01:42:56 --> 01:43:01	opinion of me. It might be you know, a high remark. But I won't like it,
1153	01:43:01 --> 01:43:06	because you got something from something that I wasn't really aiming for. And I
1154	01:43:06 --> 01:43:09	don't want to encourage you to see something that really wasn't my
1155	01:43:09 --> 01:43:16	intention at all. So it's a very difficult thing for me to be a teacher
1156	01:43:16 --> 01:43:22	doing this. Because it brings with it I mean, if you were all honest, if you
1157	01:43:22 --> 01:43:26	were all honest, and you were 100% responsible, I would want nothing more
1158	01:43:26 --> 01:43:30	to be able to say out here and say, Okay, this is what we're going to do but
1159	01:43:30 --> 01:43:35	but you're you see people out there talking bullshit now. talking bullshit.
1160	01:43:35 --> 01:43:40	I'm not here proven it every fucking weak, and they're making up shit. It's
1161	01:43:40 --> 01:43:45	laughable. It's literally laughable. But that's human nature. And things are
1162	01:43:45 --> 01:43:49	getting tightly wound up and people are getting really emotional. They're
1163	01:43:49 --> 01:43:54	lashing out and they want every opportunity to find an outlet. Let me
1164	01:43:54 --> 01:44:02	plug into whatever's available so I can release my hostility. I'm not going to
1165	01:44:02 --> 01:44:05	do that for you. You're a fucking failure because you're a fucking
1166	01:44:05 --> 01:44:11	failure. When I failed, it was my fault. When I succeeded, it was because I
1167	01:44:11 --> 01:44:17	stopped thinking like a dumbass. Stop doing dumb shit. Stop inviting outward
1168	01:44:17 --> 01:44:24	influences. And me being impulsive. I had to wrestle that stuff. Had to subdue
1169	01:44:24 --> 01:44:30	it, overcome it, and make no allowance or invitation for it. That's what I'm
1170	01:44:30 --> 01:44:36	talking about. It's why it's going to take you longer. Probably example,
1171	01:44:36 --> 01:44:41	that's why I like that guy, Patrick Whelan. He tweeted, really? Why am I I
1172	01:44:41 --> 01:44:44	think he's being facetious to the people that follow me. He's having fun with all
1173	01:44:44 --> 01:44:50	you. You get to team mentality, and you'd have to defend me. I don't see
1174	01:44:50 --> 01:44:57	anything that he's doing. I think he's funny. But I like watching him because
1175	01:44:57 --> 01:45:01	he's a case study and everything I'm talking about. He shares his
1176	01:45:01 --> 01:45:07	frustrations with his shortcomings. I wish I could just hold on to these
1177	01:45:07 --> 01:45:11	runners. I know if I get out of this trade, it's gonna He's literally a case
1178	01:45:11 --> 01:45:16	study for you to see exactly what I'm talking about. And if you apply the
1179	01:45:16 --> 01:45:20	things I'm talking about as a solution, and did it openly in front of all you
1180	01:45:20 --> 01:45:23	not only would he get over what he's having an issue with, he'd be able to
1181	01:45:23 --> 01:45:27	hold the trays longer and had these big windfall victories, he'd have more
1182	01:45:27 --> 01:45:33	payouts, his audience would grow by default, he would be a bigger, well,
1183	01:45:34 --> 01:45:38	celebrity in the trading circle. He'd have more followers on his YouTube
1184	01:45:38 --> 01:45:42	channel, he had more ad revenue, people will probably be more inclined to buy
1185	01:45:42 --> 01:45:48	whatever he's selling. And for the folks that view him as toxic. If he was able
1186	01:45:48 --> 01:45:52	to be more consistent about taking these big runs, they wouldn't talk so much
1187	01:45:52 --> 01:45:55	about that. And I'm convinced that the people that bitch about him most are the
1188	01:45:55 --> 01:45:59	people that try to follow it. He's doing exactly what I just said in this Twitter
1189	01:45:59 --> 01:46:04	space today. They're chasing something. And they wreck themselves and they want
1190	01:46:04 --> 01:46:07	to use him as a catalyst. It's like they use me in any other mentor teacher out
1191	01:46:07 --> 01:46:10	there, that's going to be able to be faulted for something that they
1192	01:46:10 --> 01:46:17	themselves done themselves. I'm sorry, but I'm going to call bullshit. It's
1193	01:46:17 --> 01:46:23	bullshit. Because as a 20 year old, I did the same damn thing. Okay. I blamed
1194	01:46:23 --> 01:46:26	Larry Williams for every fucking account that I blew after I learned some of his
1195	01:46:26 --> 01:46:32	shit. I blame that man. And he didn't tell me any fucking thing. Well, let me
1196	01:46:32 --> 01:46:39	retract that to sorry. I did subscribe to his s&p Alert thing for you, you
1197	01:46:39 --> 01:46:43	caught a 900 number. And he was okay, this is the pics for the night, I'm
1198	01:46:43 --> 01:46:49	watching this, I'm gonna be buying this many points above the opening price. So
1199	01:46:49 --> 01:46:52	he's buying strength. And I'm going to try to do this, do this. And I'm gonna
1200	01:46:52 --> 01:46:54	use a $2,600 stop loss.
1201	01:46:55 --> 01:47:00	So he's risking 2600 hours to do this, whatever this trade was. And I never
1202	01:47:00 --> 01:47:06	made money using that stuff. And I did use what he was telling us an entry and
1203	01:47:06 --> 01:47:11	stop. I did all those things. And I'd never saw winning trade. So I stopped
1204	01:47:11 --> 01:47:14	it. Would I have eventually had a winning trade? I don't know didn't stay
1205	01:47:14 --> 01:47:20	with it long enough. So I did exactly what I said to you what you're going to
1206	01:47:20 --> 01:47:27	do system hop, you're going to jump around. So he may have had some stellar
1207	01:47:27 --> 01:47:30	winds. But I wasn't willing to stick with it longer than a week and a half.
1208	01:47:30 --> 01:47:35	Because I had to pay for that stuff. So if I gotta pay for it, and it's not
1209	01:47:35 --> 01:47:39	making any money, why am I gonna keep doing it? Right? So here, I've removed
1210	01:47:39 --> 01:47:45	every excuse for you. I've taught for free, openly publicly. I've literally
1211	01:47:45 --> 01:47:50	laid my mentorship in your fucking hands and said, shoot holes through it. See if
1212	01:47:50 --> 01:47:53	it doesn't work. People that have done it, guess what? They're fucking making
1213	01:47:53 --> 01:47:58	real money. Some of them are making more money than you make in a year. In
1214	01:47:58 --> 01:48:04	withdrawals. I have students that are just about the crossover to the real one
1215	01:48:04 --> 01:48:11	millionaire status. How many mentors out there doing that? How many mentors? Have
1216	01:48:11 --> 01:48:21	you seen make millionaires with trading for fucking free? For free? For free?
1217	01:48:21 --> 01:48:24	There's none of them out there. None of them you're listening to him. And that's
1218	01:48:24 --> 01:48:28	why everybody fucking hates me that sells not that because I'm tearing down
1219	01:48:28 --> 01:48:32	their shit. I'm not actively trying to do it. I'm not trying to victimize any
1220	01:48:32 --> 01:48:38	one of you. But the industry needs this. I'm a fucking enema. And I'm flushing
1221	01:48:38 --> 01:48:42	all the bullshit out of this place. I'm the one doing it. Nobody's doing it with
1222	01:48:42 --> 01:48:49	me. I'm the one that came here with the cure. I came here with honesty. I told
1223	01:48:49 --> 01:48:54	you. When I first learned how to do this shit. I was fucking clueless, not
1224	01:48:54 --> 01:48:59	changed and contorted everything. I abandoned this and abandoned that and
1225	01:48:59 --> 01:49:04	now had it in year three, almost three and a half years ahead. But I tweaked
1226	01:49:04 --> 01:49:10	and messed around with it for another year or two years. Going on six years.
1227	01:49:10 --> 01:49:17	That's what I knew what I was looking for. So it's not easy to find yourself.
1228	01:49:19 --> 01:49:24	And some of you may hear that instinct. I'm not doing this for six years. I need
1229	01:49:24 --> 01:49:29	to work right now. You're gonna fucking fail. You just said I had to do this or
1230	01:49:29 --> 01:49:33	six years, or I'm never going to be to make money. No, I'm saying with that
1231	01:49:33 --> 01:49:39	mindset, you're going to fail. Because I subscribe to the idea of wherever. I
1232	01:49:39 --> 01:49:47	gotta go in this. As long as I arrive in 20 years. I'm good. I'm good. I'm good.
1233	01:49:47 --> 01:49:53	If I'm there in 20 years, I don't have to have a job. I'm success. So I made a
1234	01:49:53 --> 01:49:59	lot of room for taking a lot of time. Making mistakes, learning a lot about
1235	01:49:59 --> 01:50:06	shit that I thought I was gonna want to real quickly. But discovered, I was on
1236	01:50:06 --> 01:50:11	the right track by, like having a broader horizon for me getting to what
1237	01:50:11 --> 01:50:12	would be considered success
1238	01:50:17 --> 01:50:22	I don't want to spend a year learning how to do this. And no way I would do
1239	01:50:22 --> 01:50:25	six years and not be able to find consistently profitable No way No can't
1240	01:50:25 --> 01:50:29	do it. But you'd be willing to go to college for four years, but no guarantee
1241	01:50:29 --> 01:50:37	of a job and go into 100,000 hours of fucking debt. You want to go through
1242	01:50:37 --> 01:50:40	some kind of trade school bullshit program, with no guarantee that you're
1243	01:50:40 --> 01:50:46	going to be able to make a living doing that job or be good enough to be
1244	01:50:46 --> 01:50:51	gainfully employed. Just because you got a certificate. nothing's guaranteed,
1245	01:50:51 --> 01:50:55	folks. So it's easy to talk yourself out of this. If you allow your friends and
1246	01:50:55 --> 01:50:59	family and influences and social media, the pattern what it is that you should
1247	01:50:59 --> 01:51:05	have and subscribe to as a mindset, you're fucked. I felt that I went
1248	01:51:05 --> 01:51:06	through that at 20 years old
1249	01:51:13 --> 01:51:17	it's human nature to be like that. But you're running your own company here.
1250	01:51:17 --> 01:51:21	Some of you are just about to start your own enterprise, your own business, your
1251	01:51:21 --> 01:51:28	own empire. And you're letting the fucking opinions of maggots and shells
1252	01:51:29 --> 01:51:34	tell you what you're going to be doing to be successful. And they're living in
1253	01:51:34 --> 01:51:38	their mother's fucking basement. They just graduated high school two years ago
1254	01:51:38 --> 01:51:44	and you're letting their opinion about you and what you should be doing you're
1255	01:51:44 --> 01:51:51	listening to that a bunch of text on a post or some fucking clowns making
1256	01:51:51 --> 01:51:57	videos talking about something that everybody sees working that's That's
1257	01:51:57 --> 01:52:04	insanity but that's also the same people that are failures they want to hurt
1258	01:52:04 --> 01:52:08	something that's hurt them they can't rise above what I put out there that
1259	01:52:08 --> 01:52:15	you're all having for free for free with the receipts that it fucking works with
1260	01:52:15 --> 01:52:19	real money with them out in my hands are out of my hands other people all around
1261	01:52:19 --> 01:52:21	the world different walks of life different age brackets, different sexes,
1262	01:52:21 --> 01:52:29	different whatever the fuck it is diversity the people that come here and
1263	01:52:29 --> 01:52:32	want to learn how to do this stuff they have no excuse why they can't lead with
1264	01:52:32 --> 01:52:35	knowing something that can change the trajectory of their financial future.
1265	01:52:36 --> 01:52:42	You have no excuse none I teach you how to do it properly. I tell you it's going
1266	01:52:42 --> 01:52:45	to take a little bit longer than you want it to be. But it's normal Don't
1267	01:52:45 --> 01:52:52	Don't be afraid of that take notes when you watch the videos so that we don't
1268	01:52:52 --> 01:52:56	have to come back to that fucking video and give me more ad revenue don't buy my
1269	01:52:56 --> 01:53:03	fucking books there's an incline I'm stopping at the height all this bullshit
1270	01:53:03 --> 01:53:06	that they're going to try to tell you if I'm in here to rock you from I could
1271	01:53:06 --> 01:53:09	literally do it right now and you would gladly fucking send me money I don't
1272	01:53:09 --> 01:53:14	want your fucking money you worry about all the wrong shit and says this listen
1273	01:53:15 --> 01:53:18	just put the work all the effort into things that you're trying to combat
1274	01:53:18 --> 01:53:21	Utley fight against take that energy in tournaments. Okay, let me just put it
1275	01:53:21 --> 01:53:27	into this. I had so many trolls on baby pips that are now profitable,
1276	01:53:27 --> 01:53:33	consistently profitable fucking traders using my stuff. If they learned the free
1277	01:53:33 --> 01:53:34	shit right up there on 2022
1278	01:53:40 --> 01:53:43	I was one of the guys on the pitch that talk shit about you, man. But I had to
1279	01:53:43 --> 01:53:49	be honest with you what you just showed. I was wrong. Thank you. And wish you
1280	01:53:49 --> 01:53:55	luck. Let me know what you keep doing with it. I'm not here to be the villain.
1281	01:53:55 --> 01:54:00	I'm not here to hurt anybody. If you sell something, if you sell education,
1282	01:54:00 --> 01:54:05	if you sell on signals, how's it going to hurt you? If you use the information
1283	01:54:05 --> 01:54:09	I'm making available for free and it makes you better? And then your your
1284	01:54:09 --> 01:54:14	customers don't even need to know. They don't even need to know that you use my
1285	01:54:14 --> 01:54:21	shit. I'm looking out for your customers more than you are. But you're not going
1286	01:54:21 --> 01:54:25	to undermine anything I've already done. It's already done. It's already done.
1287	01:54:26 --> 01:54:29	It's already in motion people already have it in their hands. They can't
1288	01:54:29 --> 01:54:33	forget what's already been taught. And they can fucking make money with it.
1289	01:54:33 --> 01:54:41	There's nothing anybody can do. Nothing all that drama all that fucking wasted
1290	01:54:41 --> 01:54:47	energy. Look around me and shits getting fucking hard. And you got time to be
1291	01:54:47 --> 01:54:52	doing this dumb shit armwrestling somebody else trying to get me to
1292	01:54:52 --> 01:54:54	fucking trade in your fake fucking brokerage account. Get the fuck outta
1293	01:54:54 --> 01:55:00	here, man. Get out of here. Trading a real fucking account. no third party
1294	01:55:00 --> 01:55:04	auditing company future trading commission, then people will take what
1295	01:55:04 --> 01:55:08	you're saying with a little bit more weight. White Label fucking brokers is
1296	01:55:08 --> 01:55:15	bullshit. Watching people lose 90,000 hours in a fucking a minute or two and
1297	01:55:15 --> 01:55:19	ain't got no issue, no issue at all. That's a no it's fucking demo. If
1298	01:55:19 --> 01:55:23	they're smiling about it, it's fucking fake. It's fake. If I'm dropping 90
1299	01:55:23 --> 01:55:27	grand, I'm gonna feel that. I'm gonna feel it. I'm not gonna be sitting here
1300	01:55:27 --> 01:55:35	staring into the fucking webcam like, yeah. It's horseshit. That's fucking
1301	01:55:35 --> 01:55:44	bullshit. Everybody's got their own fucking way of getting their audience.
1302	01:55:45 --> 01:55:50	But I want you to understand something. The greatest testimony that I don't need
1303	01:55:50 --> 01:55:56	to fleece anybody is me leaving at the highest point. Not going to sell you
1304	01:55:56 --> 01:56:00	nothing. I'm not telling you to buy my books. I'm only writing them so that way
1305	01:56:00 --> 01:56:08	my stuff is in print correctly. And nobody can say it was not explained. And
1306	01:56:08 --> 01:56:13	that I didn't offer it. And I gave it to you all. I'm not going to make you an
1307	01:56:13 --> 01:56:18	expensive book. It's going to be reachable for all of you. And I know
1308	01:56:18 --> 01:56:21	that the ones that are out there with low income conditions, they're all gonna
1309	01:56:21 --> 01:56:23	go out there and they're gonna fucking scan it. You're gonna share it on
1310	01:56:23 --> 01:56:27	telegram and you're all gonna get it for free. So I'm not doing it for money. I
1311	01:56:27 --> 01:56:33	don't give a fuck about that. You're all waiting for that to happen cuz you're
1312	01:56:33 --> 01:56:39	gonna sell $5 editions of it. Once they're in print, I'll fucking put them
1313	01:56:39 --> 01:56:43	on my fucking website for free. I just want them with the ISBN number. It's the
1314	01:56:43 --> 01:56:51	it's mine. It's printed. I don't need your fucking money. I'm not in need of
1315	01:56:51 --> 01:56:56	you. Paying my fucking bills. I'm not in this for cloud. I'm not in here to be
1316	01:56:56 --> 01:57:05	worshipped. I'm leaving the King. I'm stepping off this fucking throne. Nobody
1317	01:57:05 --> 01:57:10	dethroned me no one pushing me off of social media. I fucking am leaving
1318	01:57:12 --> 01:57:19	because I need to my family is requiring me to do this. But none of you have an
1319	01:57:19 --> 01:57:23	excuse. You have no justification or any real reason why you can't take this
1320	01:57:23 --> 01:57:31	information and make money with it. It's costing you nothing in everything that
1321	01:57:31 --> 01:57:34	everybody's ever fucking said about me I've proven is total fucking bullshit.
1322	01:57:38 --> 01:57:42	Ask anybody right now that is selling shit or trying to grow their audience
1323	01:57:42 --> 01:57:45	and have a little fucking checkmark on fucking Twitter. Cow how many people are
1324	01:57:45 --> 01:57:48	in my audience right now listen, this Twitter space with a fucking checkmark.
1325	01:57:48 --> 01:57:52	I don't have no checkmark. I'm not trying to make money off of engagement.
1326	01:57:54 --> 01:57:58	My videos are monetized because if I didn't have a monetize, YouTube would be
1327	01:57:58 --> 01:58:03	getting fucking $60,000 A fucking month in their pocket. And for what I'm gonna
1328	01:58:03 --> 01:58:05	need, I'm gonna need to make them fucking money
1329	01:58:11 --> 01:58:16	some of you people with the biggest opinions are financially illiterate. You
1330	01:58:16 --> 01:58:21	talk like you understand something that you know nothing. asked these people
1331	01:58:21 --> 01:58:24	that are trying to sell their bullshit or Mickey Mouse programs, or
1332	01:58:24 --> 01:58:30	mentorships. Ask them when they're going to stop. Ask them, they're gonna ban
1333	01:58:30 --> 01:58:37	you. They're gonna block you. I'm the ticket right now. I'm it. And I'm
1334	01:58:37 --> 01:58:42	leaving because I want to go back to my regular life. Because I don't need this.
1335	01:58:45 --> 01:58:52	I don't need to be doing this. I in for like four or five weeks or so. Was it 20
1336	01:58:52 --> 01:59:00	days I will have accomplished what I set out for. That's it. Unless needed
1337	01:59:00 --> 01:59:04	allowance for I can do something once a week. And to be quite honest with you, I
1338	01:59:04 --> 01:59:12	don't know how to do that. And I might not do it for a while. But I'm not going
1339	01:59:12 --> 01:59:17	to be engaging on Twitter. All my videos will stay up. All the tweets will be
1340	01:59:17 --> 01:59:27	here. No editing, nothing, just like I left it. And I want you to think who
1341	01:59:27 --> 01:59:35	else with this much influence this much open checkbook. All I gotta do is put a
1342	01:59:35 --> 01:59:40	price tag out there and you're all going to send it to me. Who else would do
1343	01:59:40 --> 01:59:46	this? Who else really needs the money? Who else needs the attention the
1344	01:59:46 --> 01:59:50	adornment or worship? That you all pretend that you think I need that I
1345	01:59:50 --> 01:59:55	don't need that. I can't wait to put down in a circle trader. I've carried
1346	01:59:55 --> 02:00:00	this monitor for too long. And I've allowed it to do To find who I am, and
1347	02:00:00 --> 02:00:11	it's not who I am I am the guy that talks in those other Twitter spaces.
1348	02:00:13 --> 02:00:19	Trading brings out the bad stuff in me. It makes me highly competitive. It makes
1349	02:00:19 --> 02:00:28	me want to prove all the time when I don't need to prove shit. Chances of you
1350	02:00:28 --> 02:00:33	velcro ball motherfuckers out there that talk all that shit. Uh, going into the
1351	02:00:33 --> 02:00:39	Robins cup next year, nil. But I'll come in that motherfucker. You get on that
1352	02:00:39 --> 02:00:45	leaderboard gone number one spot and you call my motherfucking is out. And I will
1353	02:00:45 --> 02:00:51	go in there and roast your ass. And never tweet one about it won't even
1354	02:00:51 --> 02:00:56	mention anything about I'll just walk that shit dry. And then my banner at the
1355	02:00:56 --> 02:01:00	banner on my YouTube channel will be the fucking little statue they fucking gave
1356	02:01:00 --> 02:01:04	you. And I'm not going out to Chicago so you can interview me and take pictures
1357	02:01:04 --> 02:01:12	of me and present me with the Guinness Book and mailed to me you wanna make a
1358	02:01:12 --> 02:01:16	name for yourself do that. That's how you do it. Talking shit. doesn't do it.
1359	02:01:18 --> 02:01:24	because ain't nobody in this industry, causing this much fucking waves making
1360	02:01:24 --> 02:01:28	this many fucking testimonials with real fucking money, people making real money
1361	02:01:28 --> 02:01:35	lives being really fucking changed. And they this now I'm gonna stop greed would
1362	02:01:35 --> 02:01:42	tap them on the shoulder greed because the sell everything, put a price tag on
1363	02:01:42 --> 02:01:48	everything. And I've never wanted to do that. I never really wanted to do it.
1364	02:01:50 --> 02:01:55	But people started selling my shit. And I got a fucking case of as I got mad.
1365	02:01:57 --> 02:02:02	And, you know, it was what it is. And then when the people inside that
1366	02:02:02 --> 02:02:07	mentorship was selling it, I was like, I'm feeding them still. And I've made
1367	02:02:07 --> 02:02:15	millionaires in Africa they're rich because they sold something that's mine.
1368	02:02:17 --> 02:02:18	Because it was easy to do.
1369	02:02:23 --> 02:02:36	And it it takes away it takes away from the the joy of having shared it when
1370	02:02:36 --> 02:02:41	someone else is prostituted when it was never given for the purpose of selling
1371	02:02:41 --> 02:02:53	it. And worse, not even crediting me. So I'm not going to be regretting November
1372	02:02:53 --> 02:03:01	12 waking up that morning. Knowing that I made my last post at 1159 Eastern Time
1373	02:03:02 --> 02:03:09	on Twitter. I'm not I'm not gonna regret that. And they're gonna be people years
1374	02:03:09 --> 02:03:13	from now months from now they're gonna bullshit and say this is what took
1375	02:03:13 --> 02:03:18	place. This is a random off of Twitter. Like they said they ran me off a baby
1376	02:03:18 --> 02:03:21	because they didn't run me off of fucking baby pips. Baby posts would love
1377	02:03:21 --> 02:03:26	me to fucking come back over there. They would love me fucking go back over
1378	02:03:26 --> 02:03:33	there. No, they didn't run me off the shit. I took my shit down because one
1379	02:03:33 --> 02:03:38	moderator over there falsely accused me because they said my ISP address was
1380	02:03:38 --> 02:03:43	associated. So some other account over there. I have one fucking account. One.
1381	02:03:46 --> 02:03:50	Look how many people try to pretend to be me here. I've had my computers
1382	02:03:50 --> 02:03:55	hacked. My Instagram I just created they hacked that and start directly as soon
1383	02:03:55 --> 02:03:59	as someone follows you and they have my name or my moniker. That's not me. I
1384	02:03:59 --> 02:04:02	follow nobody. None of you know what the fuck you're doing as far as I'm
1385	02:04:02 --> 02:04:07	concerned. So I'm not following you. If I want you to because there's a reason
1386	02:04:07 --> 02:04:10	why I'm using you for sentiment. Or I'd like you as a person I want to watch to
1387	02:04:10 --> 02:04:17	see you grow. But I'm not learning from anybody online about trading. But they
1388	02:04:17 --> 02:04:22	started selling trying to get people to buy their masterclass the fuck out of
1389	02:04:22 --> 02:04:27	your masterclass and then people reporting it and they shut it down and I
1390	02:04:27 --> 02:04:31	tried to just pull up somebody's LinkedIn he shared his Hey, have you
1391	02:04:31 --> 02:04:34	seen this before? And it was a weight training Instagram account though. I was
1392	02:04:34 --> 02:04:39	going in for a trading and I realized I couldn't sign on it says your your
1393	02:04:39 --> 02:04:46	accounts been locked due to community guidelines. pretend to be somebody else.
1394	02:04:46 --> 02:04:49	How the fuck am I gonna be pretend to be something else when it's me. I had the
1395	02:04:49 --> 02:04:56	link on my YouTube channel. Proving it's me. But someone hacked it and started
1396	02:04:56 --> 02:05:00	pretending that I'm selling something. When the first tweet look at my tweet As
1397	02:05:00 --> 02:05:05	pinned on my Twitter profile, I'm not selling you anything, I'm not charging
1398	02:05:05 --> 02:05:10	you anything, there's not going to be this return you in 2025 ICT ran out of
1399	02:05:10 --> 02:05:15	fucking money. Astro effects, though, no, I'm not doing any kind of fucking
1400	02:05:15 --> 02:05:23	bullshit like that I'm done like I'm done. But I want to be able to come back
1401	02:05:23 --> 02:05:28	into the community and just visit as just Michael, not inner circle trader,
1402	02:05:28 --> 02:05:33	not trying to be better than the next guy or, you know, talk some shit about
1403	02:05:33 --> 02:05:36	somebody else's stuff, I don't care if that's not what I'm here for. I don't
1404	02:05:36 --> 02:05:45	want that. And I just think that, you know, I've shared enough and turned
1405	02:05:45 --> 02:05:49	enough people into profitable students that are able to do this independently,
1406	02:05:49 --> 02:05:54	because understand this, everybody that has these withdrawals in their live
1407	02:05:54 --> 02:05:58	account and or funded accounts, and had been interviewed, and you see them
1408	02:05:58 --> 02:06:05	proving it with receipts. I'm extremely proud of them. I don't care what the
1409	02:06:05 --> 02:06:09	dominant denomination is, how much you pulled out, if you're doing it, and
1410	02:06:09 --> 02:06:16	you'd learn from me, I'm so proud of that. Because you did it on your own, I
1411	02:06:16 --> 02:06:22	didn't tell you when to get in. I didn't tell you when to close trade. In anybody
1412	02:06:22 --> 02:06:27	on the outside looking in, they have to deal with that. Because it's transferred
1413	02:06:27 --> 02:06:33	knowledge you learned. And now you're independent. Now, we don't have a
1414	02:06:33 --> 02:06:38	symbiotic relationship. And I'm proving it when I cut it off. Some of you are
1415	02:06:38 --> 02:06:42	scared, like, I'm not gonna be motivated. This is what's gonna have you
1416	02:06:42 --> 02:06:47	turn back to yourself to be motivating yourself. I've talked enough about this
1417	02:06:47 --> 02:06:54	into other spaces and people, I've put it on YouTube good find them. My whole
1418	02:06:54 --> 02:06:59	core content. I'm teaching you things, it's going to be impactful, not just
1419	02:06:59 --> 02:07:03	about the source material I'm talking about in the discussion. But relating
1420	02:07:03 --> 02:07:09	things that's going to come up using that information. You want to learn that
1421	02:07:09 --> 02:07:14	stuff. That's the stuff that matters more. They're the they're the answers to
1422	02:07:14 --> 02:07:19	the questions that you have not come up against yet. But because you're too new,
1423	02:07:20 --> 02:07:23	and most of you that are young and male, you're too fucking stupid to know
1424	02:07:23 --> 02:07:27	better, you don't know that you're going to end up in a situation. But I've
1425	02:07:27 --> 02:07:30	already gave you the solution. I've already gave you the coping mechanism to
1426	02:07:30 --> 02:07:34	replace that thought process with something more appropriate to eliminates
1427	02:07:34 --> 02:07:40	that problem. But but for the folks that are smart enough to know that I'm giving
1428	02:07:40 --> 02:07:45	you the answers before I asked you the questions before the market demands that
1429	02:07:45 --> 02:07:51	answer to that question of from you personally, it's advantageous for you to
1430	02:07:51 --> 02:07:56	consider how you might react in those sorts of circumstances. But as a 20 year
1431	02:07:56 --> 02:08:00	old, I didn't think like that. And you're not thinking like that now
1432	02:08:00 --> 02:08:06	either. So you have to, you have to take what I'm sharing, in weighed out, it's
1433	02:08:06 --> 02:08:11	not filler, this these things are here, I'm talking to you on a fucking
1434	02:08:11 --> 02:08:15	Saturday. They're not monetized. I'm not making anything out of this. Nothing.
1435	02:08:16 --> 02:08:18	Other people are monetizing them on their YouTube channel, and I don't give
1436	02:08:18 --> 02:08:25	a fuck. I'm telling you what it is that you need to know. I'm guiding I'm
1437	02:08:25 --> 02:08:28	teaching you from real world experience where I've hurt myself financially, I've
1438	02:08:28 --> 02:08:33	taken accounts to zero, not doing the things I'm telling you. This is what
1439	02:08:33 --> 02:08:37	I've learned not to do anymore. And this is what I changed my perspective. And
1440	02:08:38 --> 02:08:40	what I learned from this experience, so that way, you don't have to go through
1441	02:08:40 --> 02:08:45	it. Why would you want to shun something like that away? Like, why would you want
1442	02:08:45 --> 02:08:52	to discount that that's value? That's wisdom that's costing you nothing. And
1443	02:08:52 --> 02:08:57	just because you haven't experienced these circumstances, yes, you will. And
1444	02:08:57 --> 02:09:00	if you don't know how to deal with it, you're going to wreck yourself, or talk
1445	02:09:00 --> 02:09:03	yourself completely out of it. And you'll stay working at Jiffy fucking
1446	02:09:03 --> 02:09:06	lube, changing oil and maybe looking for a different job at Walmart, you know,
1447	02:09:06 --> 02:09:12	months later, doing routine mundane, mundane little bullshit time jobs never
1448	02:09:12 --> 02:09:14	really amounted to anything and always in lack.
1449	02:09:19 --> 02:09:29	I did that same shit. Almost 30 jobs, almost 30 of them bouncing around trying
1450	02:09:29 --> 02:09:41	to figure out what the hell I wanted to do. This is what I was made for. And the
1451	02:09:41 --> 02:09:47	proof of it is I've turned other people into profitable, consistently profitable
1452	02:09:47 --> 02:09:54	traders. And I'm extremely proud of all of you and I'm extremely thankful that
1453	02:09:54 --> 02:09:57	the Lord has given me the opportunity and the skill set to be able to transfer
1454	02:09:57 --> 02:10:10	to you And while I'm at this peak to cancel any final argument about it. It's
1455	02:10:10 --> 02:10:15	perfect timing. Because if it was in it for me to market something, sell
1456	02:10:15 --> 02:10:23	something to you do the math. I can do it easily. And you wouldn't even think
1457	02:10:23 --> 02:10:26	bad about it. Because I've said in the past, I'm they're gonna do mentorship.
1458	02:10:26 --> 02:10:28	If I said, I'm starting one right now, you'd forget, I said that you're like,
1459	02:10:28 --> 02:10:35	I'm glad he's still in it. Here's my money. Teach me show me. But there isn't
1460	02:10:35 --> 02:10:43	any of that coming. Don't want to deal with that anymore. I don't need money. I
1461	02:10:43 --> 02:10:46	don't need you to tell me. I'm good or my stuff works. I'm convinced of it
1462	02:10:46 --> 02:10:51	already. I don't need that. I want you to use it and feel confident using it.
1463	02:10:51 --> 02:10:57	And share with me what you're doing with it. That's all. If you're writing books
1464	02:10:57 --> 02:11:03	about my stuff, just credit me. Don't be like Jonathan flood. Fucking bullshit
1465	02:11:03 --> 02:11:07	artist, plagiarized and falsely attributed everything that he talked
1466	02:11:07 --> 02:11:11	about in that book. That was my mentorship. And when I caught his s out,
1467	02:11:11 --> 02:11:16	he quit. His middle finger to me was the right debt book. And that's why I'm in
1468	02:11:16 --> 02:11:20	his reviews telling everybody that's bullshit going on YouTube channel, see?
1469	02:11:23 --> 02:11:30	That's a clown. That's an asshole cloud chaser. They're gonna be writing books
1470	02:11:30 --> 02:11:36	about what I've taught forever now. Don't ask was just the credits and
1471	02:11:36 --> 02:11:43	people go to me, they'll hear me credit the Lord. That's what I want. That's
1472	02:11:43 --> 02:11:48	what I want. I'm leaving in the perfect position where anybody else will be
1473	02:11:48 --> 02:11:54	marketing out their ass to try to get money from everybody. I don't want it. I
1474	02:11:54 --> 02:11:56	don't need it. And it's proof, I don't need it
1475	02:12:04 --> 02:12:13	I can't wait to not refer to myself as three letters anymore. I can't wait
1476	02:12:13 --> 02:12:17	until I'm not the person. Everybody's bringing up all the time. I can't wait.
1477	02:12:21 --> 02:12:28	It's uncomfortable. I like this medium because I'm talking in a setting where
1478	02:12:28 --> 02:12:34	I'm constantly reminded I'm, I'm in the room by myself. I'm introverted. I'm not
1479	02:12:34 --> 02:12:38	I'm not a person, that would be all that outward. You can fuck with me, I'm gonna
1480	02:12:38 --> 02:12:44	stomp your fucking ass. But normally, I'm not going to be very forthcoming,
1481	02:12:44 --> 02:12:46	I'm going to be reserved, I'm gonna be the person that talks the least in the
1482	02:12:46 --> 02:12:55	room. But we're talking about something, I feel I have a little bit of authority.
1483	02:12:55 --> 02:13:00	And I've experienced that some people don't have. I have insight that nobody
1484	02:13:00 --> 02:13:06	else has. And I have the largest student base now that are bringing the receipts
1485	02:13:07 --> 02:13:17	proving it works. And they have the respect and consideration and character
1486	02:13:17 --> 02:13:25	to be able to say thank you appropriately. That's awesome. That's
1487	02:13:25 --> 02:13:31	awesome. I mean that those things are treasures to me. Every single time you
1488	02:13:31 --> 02:13:36	guys share what you've done and your results, I screenshot them a screenshot
1489	02:13:36 --> 02:13:46	on and I email them myself. I have a scrapbook of that stuff. And I've
1490	02:13:46 --> 02:13:55	literally in tears of appreciation and enjoy the people that have done face
1491	02:13:56 --> 02:14:01	videos. And they've made it private. Some people have done it publicly. But
1492	02:14:01 --> 02:14:04	they gave me their own testimony, what they did with the information and how it
1493	02:14:04 --> 02:14:09	impacted them and what they're able to do now. And to be able to see them and
1494	02:14:09 --> 02:14:14	watch their face as they start talking about how they're transformed now and
1495	02:14:14 --> 02:14:18	they're able to do things that they couldn't do before and he feels so much
1496	02:14:18 --> 02:14:25	more plugged in. In a world that really is hard to be in now. They feel
1497	02:14:25 --> 02:14:31	accomplished. They feel like they're on the right track. They feel like they're
1498	02:14:31 --> 02:14:36	exactly what they were supposed to be here for their success. They don't have
1499	02:14:36 --> 02:14:38	any doubts about what they're doing. It's going to fail in the future. What
1500	02:14:38 --> 02:14:42	happens if this stops working, they don't think that way. And watch their
1501	02:14:42 --> 02:14:46	their face light up and not their eyes really come to life when they start
1502	02:14:46 --> 02:14:52	talking about how it feels for them now. That's overwhelming for me. And that's a
1503	02:14:52 --> 02:14:57	treasure for me. That beats any amount of money that any of you would ever be
1504	02:14:57 --> 02:15:02	able to send to me because I choose means that person's love. And now
1505	02:15:02 --> 02:15:06	they're convinced that they're absolutely gonna be able to go forward
1506	02:15:06 --> 02:15:09	with that skill set doesn't mean they're gonna have losing trades, it just means
1507	02:15:09 --> 02:15:14	that they're confident that they have a skill set, like riding a bike. I've been
1508	02:15:14 --> 02:15:18	on a bike in a couple months now. But I'm quite stuck and certain that I can
1509	02:15:18 --> 02:15:23	get on that bike and ride it. It's a skill set I have now can I do all the
1510	02:15:23 --> 02:15:26	BMX tricks and shit like I did when I was a teenager? Hell no. And I had a
1511	02:15:26 --> 02:15:34	tribal hip out, right. But to see individuals literally show their hearts
1512	02:15:35 --> 02:15:42	and their appreciation, and they don't have to, you know, I get lots of emails,
1513	02:15:42 --> 02:15:45	I have never been able to get to because there's so many of you, I got letters, I
1514	02:15:45 --> 02:15:52	got boxes of letters, literally, that I don't have time to open up. Packages,
1515	02:15:52 --> 02:15:56	you don't need to send me gifts and stuff like that I know you are, you have
1516	02:15:56 --> 02:15:59	my address. And if you've been waiting for November to come, you're gonna send
1517	02:15:59 --> 02:16:03	me some stuff, please, you don't need to do that. I literally am running out of
1518	02:16:03 --> 02:16:06	space. And I don't want to be running storage places. Just the store shit that
1519	02:16:06 --> 02:16:10	people are sending to me. Just let me thank you give me a video that you made
1520	02:16:10 --> 02:16:15	private on YouTube. And just tell me what you want to say. Because believe
1521	02:16:15 --> 02:16:20	me, I watched all that. I watch it. And I'll comment, you'll see that I saw it.
1522	02:16:21 --> 02:16:25	And I'm just very appreciative of it. And my wife and I are very blessed to be
1523	02:16:25 --> 02:16:30	able to see the impact that the Lord's may have in other people's lives. And
1524	02:16:30 --> 02:16:39	I'm very, very honored to be called your mentor. And it's been my pleasure. It's
1525	02:16:39 --> 02:16:47	been my honor. I've had so much fun doing it. And I'm anxious to see who
1526	02:16:47 --> 02:16:52	comes after me that that's that's what my interest is in. Because it's going to
1527	02:16:52 --> 02:16:59	be one of you. It's going to be one of my students is going to come up and
1528	02:16:59 --> 02:17:02	they're going to be the next person that everybody looks to. And it's my hope
1529	02:17:03 --> 02:17:10	that they conduct themselves with character not arrogance, and does it
1530	02:17:10 --> 02:17:17	better than I did. So I'm not sure if you got anything out of this one today.
1531	02:17:19 --> 02:17:24	But I feel I'm gonna enjoy the rest of the day to day. And so I'll talk to you
1532	02:17:24 --> 02:17:26	next time. He sick