 Yeah, can you hear me? What did you end up doing? Did you end up getting out of everything or not? Hello are you there? I can hear you. Yeah, I can hear you too. Did you get out of everything or not? Well everything's dropped so you don't know what you're up I don't I'm not into the screen at the minute. I'm just having some tea. No, that's fine. That's fine. Um I just I want I want to just talk to you for three minutes here I just I just want you to zip it and just listen to me talk for a minute. Okay, you make your tea and I'm gonna talk I Learn from the the bill as a person. Okay, that teaches a strategy Okay, as a as a person that's a that's a teacher one of the things that I find very frustrating about this business itself, which is I teach people how to trade the stock market is that I very often spend time talking to people that That really just want a therapist now You're not one of those people you became a student you sign up for subscriptions and services But I can't tell you how much time I've wasted in my life in the last seven years And so I've had the business talking to people that will that that I thought were serious about the class That I've spent several conversations with an email that will never sign up They will never pay and here's why they have serious mental issues about money now You you were able to overcome those mentally to sign up and do the class and get involved and you haven't quit trading And obviously you had a great day here today Whatever whatever you end up making in this there's no downside because this is this was a good day And whether we follow through tomorrow or not where this isn't going to reverse in any way That's going to destroy your positions tomorrow just so you know, but the but but the point is though that You still have Issues in your mind about money that have prevented you from seeing your full potential and will until you resolve them So just like all the people that I talked to you that I've wasted a waste of time with which I'm I'm gotten better with I've gotten better at reading people and I don't waste the time anymore. It's pretty much one conversation So if I have one conversation with them, that's a good solid conversation And then they sign up. I know they're interested But after one good conversation turns into two and they don't I know that nothing that I say well Well convince them to come with me and learn because what their issues are have nothing to do with me It has to do with them and they need a therapist They don't need a stock educator and I've tried to be more than that for you because I care about you And I've known you for a long time and you've been a client for a while too But it what upsets me is that you're smart enough to know that is it is very obvious And I know it's difficult to look at yourself sometimes But you know that some of these things have nothing to do with trading that you're graph wrestling with and that's besides the point of the Personal issues you've had over the last few months. I'm talking rewind two years ago a year ago But the one thing that's really obvious is that my my calls have improved basically I've I've been more focused and I've never been more focused that I have been this year show of all the Years for you to benefit from knowing me this would have been one of these years now You have made money this year and you're up and obviously you had a good day today But you haven't benefited fully because you still have some things that are going on in your head These are things that you're gonna have to resolve if you ever want to really do this like seriously and see it go somewhere for you Which I would like it to but as as a person I struggle with this myself and say why am I doing this because I'm really a person that's teaching my strategy and I try to help people the other things that are part of that which I'm aware of but there's more people than not that I talked to you that have mental issues with money and Classes and all this stuff and they like to talk to me about their experiences But they're never gonna do my class even if they have the money They can have a million dollars in the bank and some do because they have mental issues that they need to go see a Therapist for they're not gonna get that from me and I've realized and one of the things that I struggle with about doing this Is I like what I do I like to teach people like helping people I will give more when it's necessary But at a certain point you have to step back and say wait a minute This person needs help and they got to go to somebody else and with you we've talked about it I think you have reached out for help with other people and you've been doing things to try to help yourself But but what when you refuse to say that when you refuse to look at yourself And we aren't saying that your attitude was somewhat negative today You should have been jumping up and down you should have been jumping around the room because to have a day Like this to bank bank this kind of money into the end of the month What's not even the end of the month yet? You know after you actually have it you've been away I mean you haven't done in the trades I think for the last two to three weeks you haven't done all the trades I mean this is a fantastic day There's no way to even think either otherwise and it's where your mind goes That's the point. I'm trying to make your mind goes places. It shouldn't go Do you understand what I'm trying to say I do I'm not saying it's not a fantastic day I'm up $2,000 today 2,200 this minute. I'm looking at right you'll be up more into the close This is gonna fall into the close show. What do you want to do right now? Right now. What do you want to do? Do you want to get out of this into the clothes? This is gonna drop into clothes. We will not recover into the clothes and any in the market. We won't do what you want to do I don't have any positions in the kids on the spy. I took them out. I closed the position. I made profit $80-$90. Yes, I made profit. That's great I don't have a problem. I'm really happy that I've made money. I am happy when I make money I But it's always the point with you then you oh, it's never enough for you now going back to giving the examples of the other people I talked to I've got things to cover. I've got to make money. I've also got to make money and move forward Make money and take money out. Yes. Okay costs that I have running as well So I am chasing myself at the minute Because I haven't got pops there sitting there, you know a full of it to just say right I'll just dip into that what I make is it and that's it And that's why I'm so I know but I don't know why you think that Creating stress for yourself About trying to squeeze every penny out of this and risk them giving some back Which I don't understand how you think that that's fruitful Chances are I will call another trade sometime in the next week You know what I'm saying, so it's like the stress yourself out about wondering out if you're gonna get out Like are you still in low? Are you still in low? I have this up right now. Are you still in this? No, I did very well in that I took it the same day yesterday and I took it out And I made I did very well in it. I can't remember what you made. I made a lot. Yeah I mean this was it 700 I think I made in that fabulous great Okay, but I took it out in the day. I saw it drop. I grabbed the money That was perfect. This is still lower, but that's okay. So you moved off this one So, I mean, then what do you what are you worried about here today? well, I Mean, I'm worried about obviously Netflix that's continued lower. I am slightly better than I was earlier on. I'm just down 255 in But obviously I have by do that's sitting there with a decent profit. I'm a bone to a second I'm up 69% in my apple positions So I don't want to lose any of that which was my main concern Okay, so then that's what I'm saying. There's no downside here if you get out of everything today before four o'clock That's a great day. What's there's nothing to worry about Right, so what be wrong in doing that then you're never wrong in booking Substantial money if you book two grand, you're not wrong if you book 2500 you up earlier You weren't wrong if you hold it till tomorrow and these positions you would have made three and you're not wrong If you would have get up tomorrow morning in the positions would have been worth 1500 You're not wrong. Don't you understand what I'm saying. You're not you're not in you're like your show You're so fixated and mentally and again It's where it's working against you where you're you are overthinking everything just like the example of people that are strangers That I talked to that are so fixated on things that happen to them in the past or fixated on the cost of my class That they can't they can't overcome their own fixations to move forward in their own lives It's the fact that I miss judging now. You are calling more trades than ever before But they're working so don't complain No, but obviously the spider trade and the queue trade that I just closed today I could have closed it a day or so ago Probably But you didn't do the trades out for the 31st you did not do those trades Obviously It's the frequency of me judging What I should be taking and taking out and what's coming next But that's absolutely ridiculous. You don't know that because I don't know that and I don't know it till I see the gaps And I read the gaps. Nobody knows it. So how what do you mean? I mean just hot then I don't even like what do you mean? I mean that doesn't even make any sense. You're not risking a thousand dollars every trade every more And I'm not calling 30 trades a day for God's sakes It does it does in the sense that when you when you are looking for how long your trade has to play and how long or where you anticipate a trade going to And that's what I tend to look at. I look at where we're going to as a potential target And I look at the time obviously that we have left in the trade And I did realize obviously that we were getting to the point where The trade was running to the end of time But obviously you called a new trade which took us into next week So that new trade would have been well covered by time where the old trade isn't so but if I took the old trade out sooner Then yes, I would have made more and then take in the new trade today yesterday Okay, you're talking about specific trades. That's not even the point of this conversation. The point in this conversation is You it is this constant constant constant negative thing that surrounds you even when you have great days like today You can't just feel the joy of the day and be happy for it. You are you are always saying it's not enough or you're not where you want To be or this or that you if you I'm just telling you fact if you don't stop thinking like this You're never gonna get where you want to be now you make you could just say you know what I am not where I want to be I want to wish more. I want my account to be bigger. I want this. I want that I want a Ferrari. I get it. But the fact is how you ever gonna get to that point So if you want to get to that point, you have to say, you know what things are going really well right now as it stands And tomorrow I'm going to get up and I'm going to do great again And that's all that you could do and eventually then you will achieve your goals But when you when you were not when you were not happy for what you even got Do you know how many people didn't think that this market would do this? Do you like people that are long this market right now? I mean I call the trades you didn't be happy that you at least did them now You didn't do the one ad next week, which I wish that you had but the fact is I'll call other ones Whenever I see whatever it needs to be called So I mean the thing is that you're you're you're with me and you should be You know reaping the benefits of that because you're paying for the subscription and services and you already paid for the class And you know again, not everyone is Not everyone is maximizing what I know because some people are not seeing it either Okay Like one guy took the amazon and killed it yesterday. That was really dumb. So he took a loss in it and look at it So, you know, I mean again, you're not the only one But I'm telling you that you know me for so long you shouldn't be doing the crazy things some of the things you're doing Huh? I didn't take that I know it was it was expensive. I know I know but I even said the 1800s of me but they all they both worked They both worked Yes Anyways, the point I didn't kill it. I mean, I I haven't been killing trades I've been taking trades and if they lose they lose it's as simple as that Well, you didn't do the market ones But anyways, you have enough money to be doing them all Whether you have enough money to do 10 of each one or five of each one like you want to do That's a different question But I mean you have to be aware of the fact that I have been calling them in waves and part of that is because I've heard the market so well So if I'm seeing that they're all going to work then I'm calling them all Yes, I understand. I understand the fact that you will call them in waves It's because it's the way the market is going and the way we are at the moment But the point is the Phillip this this this this overall thing in your head That is negative. You have to correct it yourself You have to talk to a therapist or you have to correct it yourself And I'm not sure what to say to you anymore about it, but I get it I talk to people all the time that are like that that can't even take the leap to even learn the class But at this point now, you've known me for so long and we've had the same discussion before And now you're actually making good money Okay, so it's like okay, you should just there should be no negative thinking in your mind at all right now And the fact that you even have 10 negative is like detrimental to you because then if the next trade loses Then it even sets you back even more. Don't you understand? It's like, I don't know if you know what I'm trying to say I do I do understand it. I mean, I've read lots of things and listened to various people talking the matter And I do I don't understand what you mean Yeah, but intellectually understanding it and applying it in your life is two different things Yes, it is I understand I mean, yes, I'm doing well today. I'm a decent figure It's just I just need to keep moving in the right direction with it. It's as simple as that really But that's but that's up to you But that's up to you. Why would you think that you wouldn't don't you understand? It's like It's like you you like assume that somebody's going to go wrong or you're like you can't even like feel Like I don't even know how you sleep at night. It's like, how do you ever de-stress? It's like if you can't like feel confident that you're going to continue doing well then It's like you'd be stressed all the time if you're worried about the money that you booked today Thinking you're going to lose it all in the next week or tomorrow. Well, who can live like that? Spend freely rich money freely book the money freely. You should have a difference between like worried about I do I do all those things. I do always I have to know those things Unfortunately things have backed up a little bit. So I have to cover what I've covered how about you spend You know what I mean? So all this Has got to it's got to move in the right direction for me. Well, they they are Yes, it has today is work fantastic. They have been doing so I have several trades that have worked very well for me. I mean law was yesterday Yes, I was tempted to hold it hold it another day But I took it over. No, that was a great exit for someone like you that was a great exit But again, if you want to get to the point where you're risking more if you want to get to the point We're holding just a tismidgen baby longer than you need to You need to get some of your confidence going you need to think positively You're just you're just not doing it But I mean, I think the difficult the most difficult thing about This industry itself trading the market all of it is there is a lot of people that think negatively There's a lot of people that will never never, you know Be able to move past things that have happened to them in the past about losses and things You've got to be able to move past some of that It is a it is just like long long long long long overdue for you Philip Strangely enough, they don't That does not sit with me. I don't I don't hang on to the losses. I'm aware I'm not I'm not saying one specific trade. I'm saying in general your general attitude Your general attitude is all is like your like your general attitude is like, uh, how do I describe this? It's not one any one specific trade or any loss specifically like that It's like your general attitude is like you're fearful around it like The money's gonna go away. That's that's it's like a general attitude of like this this fearful thing It's the best way it can describe it. It's not one specific trade It's just a general attitude of all the experiences that have been yours for the last You know, since the dawn of time or whatever since you started trading 30 years ago It's like all of that and that's how it is when I talk to people I know this just from talking to so many so many so many people and for me It's frustrated as a person if I spend two hours talking to somebody that I think is a serious person when I then after the second conversation I realize that that they're not because they have so many mental blockages that They they'll they will never they will never do my class and they will never trade again because they just they just they can't They just they need a therapist and so and and again, I you know You can read all the books in the world and you can go see a therapist too But but I mean you've got to at some point just let it go And again applying things that you know is different. It is different than just knowing that what I'm saying makes sense It's it's just the application of them, but reminding yourself of it definitely helps Yes, right. Okay. Okay. I'm just telling you you're not gonna get where you want to go where you can freely Start risking a thousand dollars two thousand dollars back in these trades Three thousand dollars taking the amazons, you know doing these ones until you Until you get into that flow again of it which which is not a fearful flow It's you just it's like you're just you're just taking it. You're just saying you're just plopping it on You're just plopping it on and you're seeing where it goes That is actually how I have been playing these trades I mean, I'm I've been risking virtually 500 an inch trade great So, you know, I mean and Disney's obviously a bit more. It's more than a thousand But that's all to do with the time. So I mean apple. I've got just shot of 800 in it So I'm not as if I'm on the left side. It's not like I'm being I'm not pushing the book. Shall we say in the risk factor too much? But I I am pushing it Because I want to be in that direction. Do you know what I mean? So I'm not I'm not I'm not trying to pinch every trade Does that make sense? So I'm not I'm not being cautious about what I'm placing Well, I think you were cautious not doing the market trades yet yesterday that I called but you know That as I said was predominant because I had two positions running anyway I know but that has nothing to do with anything. So know that for the next time. Do you understand? Yes, but what should I do in a situation like that again? Do I immediately close the positions that I have take new positions with longer time? Would that be a better I mean that's where I was thinking if that if you have zero money in your account and that's the only Way you can take the positions. Yes, but you didn't so I don't that you're I mean I don't know what you're trying to say if everything's working and let it work out I think you should have got out of them a little bit earlier But they were working and you'd be up more now if you had just killed them at one o'clock But either way the story is though that if there's nothing to do with anything at all Unless you don't have any money to take them then then that's a different story Then get out of them with positive and retake the ones out longer But you did have money to take them. So I don't know why I don't even know why you were even thinking about that It's not the first time I've done that either So So I should I should have taken the others with the ones I had originally then Is that what you're saying? What say that again? I had two I had a spy and a kid was running But but you actually called it when at that time when you called some new trades. I still was holding the previous trades Okay, what's your question? Right. The question is should I have closed out those The time obviously we're looking at time Closed out the ones that closed this week that expanded this week I think you should have closed them out before When before but when you didn't and you had them on it didn't mean that you had to kill them unless you Unless you didn't have any money to take the new ones So that's what I'm saying and then that moment you could have made a decision And you could have booked the same or better money anyways yesterday or I don't even know what they were yesterday But anyways, you you could you could have gotten out of them Yes, and then taken the new ones or you could have held them both But you should have been out of that one But unless you didn't have any money theoretically you could have held them both Because like if I had called the ones yesterday out two days ago, whatever You could you could have theoretically held them both unless you didn't have any money To to take the trades. I think in general sometimes in these you're looking for more than they have to give Which is why it was fun to get out with low yesterday. It's I've noticed that again You will like Like if something has a majorly big move you're finally getting out of it on the day of but like if it doesn't It's like you almost don't get out of it. Like I you know again That's where there's no like Feel for what's going on with you anymore. It's like you kind of lost that mojo. You know, yeah I'm looking for I'm looking for a reasonable move Melissa. You know a move that actually makes I know but what you think is reasonable And what you think is reasonable what the market thinks is reasonable the stocks is completely different Obviously at some some different periods of time and in this kind of volatility You know, you have to you have to be aware of that as well Right, right. Yeah, because the market can flip around again. Now that isn't going to happen tomorrow But it could and it has been but that isn't going to happen tomorrow. So Right, right so You wouldn't take the you wouldn't take these positions then Expand the 31st if there was a little bit of a bounce in the market or if it looked like it could go from the day No, you missed the trades. The trades are up. You missed them. Look at the market today I know right No, don't chase the things and don't do it if it gaps up tomorrow that would be wrong And I don't know where we're going to close here with an hour left. I'm surprised. We're not you know here at 278 in the market I mean, it's really funny the way this market is trying not to fall and yet it's falling every second. So It's quite amusing here. But anyways long story short. What are you doing? Are you going to get out of everything you need to close here today? You're going to hold it until tomorrow What are you going to do? Just tell me before I get off Well, that's that's exactly what I meant when I said to you I mean I'm now I'm thinking am I am I just pushing it too much and should I just take them on? How much are you up? What are you up? I'm up $2,231 That's pretty good. And with the money that you already Have then you would have booked closed of 2,500 today. Now you can get out of it all here or you can wait until the close We're going to sell off here into the close. Maybe just get out of everything here between three and four o'clock into the close right Somewhere between what you don't think it's going to bounce at any time That's where you make me want to go get a glass of wine at two o'clock in the afternoon Philip I mean you just I'm laugh. I don't know what to do with laughter scream But when I'm sitting here with my finger on the keyboard Melissa, I mean, you know what it's like No, I'm I'm I'm happy when when I mean when 87% of the trades that I've called in the options letter Have worked for the year Again, there's there's there's nothing to be upset about at all. I mean, it's like the what's there to be upset about There's nothing to be upset about nothing I'm not upset about anything. I'm old money more money now than I was a month ago So I'm not upset by anything at all. I'm happy what I am cautious and wary of Is me waiting to the close and finding that there's a little bit of a bounce and then I lose it when I close them I know, but even if there would be a little bit of a bounce, you're not going to lose a thousand dollars This is the risk you take. This is called trading. This is trading You either get out right now and decide that you're happy with it or you make an extra 300 or you lose an extra 200 I don't know. I mean you then pick a number pick a number if it goes up to, you know 2000 and then kill it at 2000 if it keeps going and holding that let it drop I mean, you can't you can't have it both ways. This is what trading is you're taking risk It's like it's like the same thing about people talking about my class. It's like, what do they want? This is, you know, this is trading. This is a market. You gotta take risk. I mean, come on Yeah, it is. I mean, yeah, I'm looking at Netflix and thinking well looking at Netflix now It looks like it could drop tomorrow and it could Everything is probably going to drop tomorrow where it opens though. I do not know So we could here's what here's here's my call for the market tomorrow Then you're gonna have to decide this on your own if we close like say we're closed right now right in here I don't know where we open but we're lower tomorrow So we could fall down and gap down tomorrow big time or we could open neutral and fall or we could even open up And fall there's no way we don't fall tomorrow, but we could do it in the gap down So I don't know we will follow through lower tomorrow. It's either going to be overnight It's going to be on the day that I cannot tell you but that I know so there you there you have it Right. Okay. The market will not find its way around the situation within the next 24 hours into a holiday weekend I mean, it's not going to do some magical recovery. So that you know Yes Right. Okay. Thank you. Yes. All right. Have a good day, Phillip Thank you. Thank you