 hey fey everybody so we guys trade today how you guys do on a slow day like this i'm gonna start a couple minutes guys every day regardless of slow or not it's always a learning experience guys because not every day is going to be you know big crazy volume type of day okay we gather some thoughts together and then we'll start a minute anything i want to talk about today all right guys um Alex there any action items for my cv before i start tomorrow is tosh's webinar guys every wednesday he has a new member orientation at 2 p.m market time so let me tell you the schedule of our events for the free events which is like these webinars alex does it on monday it's the youtube live i do it on tuesday the instagram live tosh does it on youtube um and zoom on the webinar on wednesday so all so this is a lot of free stuff we give out um and you get even more when you join so i'm gonna go through the webinar list which is i think is not mentioned often but these are the key things which make people successful it's not just going in and watching us trade or watching videos but then you need to have an interactive session mentoring so this is a type of mentoring we're talking about no one does this stuff us by the way because we do it weekly we do it on tuesday which is joe's large cap so there's a large cabin options webinar for two hours a night on thursday austin does a another webinar a strategies webinar on thursday and on saturday we have saturday q and a so pretty much this this is like education in terms of a university so you're attending classes so think of msc is my the whole goal is to look to become a trading university that's that's our goal we're not here just to be a chat room we're not here to just to pump you stocks we want you to really learn because we really feel like you know with the education costs rising of college this is actually the most affordable it's like a trade school it's like going to nursing school well welding school mechanic shop you know so don't think of this is like okay it's a hobby you learn this is why i don't understand people go oh it's too expensive you know two hundred dollars a month imagine if community college or if a university costs you two hundred bucks a month that's insanely cheap and to to be graduating it may be a year or two versus four years and being heavily in debt this is like another option that people don't understand about and you do it right you know this could be life-changing and so we want to change the aspect of the education universe it's not just a bunch of gurus teaching and pumping and dumping you know this is real live university type of education that's what we aim for that's what we're trying to set up and people don't understand because they have a very sour taste of other communities where the community is just a pump and dump community but you know we we are trying to change it and it's a very difficult thing to do because it's like there's so many people out there giving us a bad name us as in the the education and so with that in mind i want to just talk about like today today was a really slow day guys and even a slow day like today alex and i i woke up at 3 30 am my time alex was there before so we're in there educating the room just because it's low doesn't mean we stop working it's you know who knows it's going to be slow until the market opens but the point is you have to you have to research you have to be there i see these other guys showing up so late and start pumping and dumping that's because they're not really teaching you and so you really think about guys the the level of your success is actually proportional to how much work and effort you put in i thought i was waking up early at 4 a.m that was not early enough i was not getting the locates i want i was not doing the research getting the proper research i want and so you know i've been gaining up up to 3 30 it's very difficult especially in california but you know this is the if this is the price of being if you want to become successful today was super slow day guys super super slow day and then the only thing that i really made money was a what was that it was so slow i remember a pvo i think yeah off of the eight line i posted that and then i really didn't know how much i was going to make i follow the process you know i don't hide my pvl guys but i don't look at that until the trade's over because i'm too busy focusing on the charts on the action right and then i look and i'll go oh shit i'm up like 29 2900 bucks and then i'm just i just didn't feel satisfied the weird thing because the last week up until now it's been like ten thousand dollar days you know big numbers right seven thousand six thousand ten thousand whatever it may be right today was so slow and so sometimes we forget how much 2900 dollars is if you think about it that was my first job out of school was 36000 a year an engineer software engineer this is a long time ago albeit but it was 36000 dollars 3000 dollars a month and we just blasted that in like half an hour and i'm not happy with that you know and so it's just it's kind of those you have to get yourself bring yourself to like reality okay this is what casinos give you chips so because you don't really know what a hundred dollar chip looks like it looks like a twenty dollar chip but then if you see those in stacks of 20s you're like holy shit that's a lot of money guys and that's the problem with just numbers on the screen it's just numbers on the screen but then when when you think about it if i gave you three thousand dollars to spend a day it's very difficult let's you buy stupid things if you just living expenses this is it's a lot of money but as a trader sometimes like when you make three you're pissing off making five i'm making five i'm making ten you know you take what the market gives you and on a slow day like this it's very so i'll tell you why i said 2900 so i made 2900 and i was like fuck i'm almost at i think it was 28 or 29 pretty close i'm trying to make a hundred dollars more just to reach three thousand because i got bored i was like okay i want to say i've made three thousand right you know i did so i try to make a hundred bucks but they ended up losing 300 bucks just trying to make that hundred fucking dollars forcing trades guys you know i was so fucking bored you know i was like because i i mean once again the the cushion game got to my head because i was so bored i was like i'm gonna mess around i think i'm gonna make another hundred bucks you know i'm just sitting around waiting for instagram line to start and i just lost like 300 bucks just sitting around just messing around but then when i think about it i was like dude i went to the store i was cheap to buy a shirt that was not on sale you know i'm not gonna pay a hundred bucks for this shit but then i just pissed away three shirts you know it's just stupid because so this this is what i want to remind you because on twitter you see guys making shit loads of money fifty thousand hundred thousand but you know what man you can't compare yourself to them the trading million dollar accounts that really take the big risk and so if you you if you compare your chapter one to their chapter 20 you're screwed even those guys are screwed i mean i'm pretty sure most of those guys like i mean do they own fucking like five houses to be risking that shit it's just kind of stupid you know to each their own itig right now but i'm a more realistic person so what we teach at my seat like look at alex man you know if you think about three thousand four thousand a day if you do that on average is a million dollars a year guys this one fucking million dollars you know that's a lot of fucking money but people don't see the the long run they only see the the quick hit money and it's just kind of in my opinion this is the way that i became successful this is the way that alex became successful i cannot talk about anybody else's strategy for me when i reduced it down to how much a day i have to average to get to my goal those are achievable goals doesn't mean i'm gonna make three thousand four thousand every day some days i could lose other days i'd make ten thousand make up for it but the point is if you take a look it brings you out to reality because when you look at even two hundred dollars you're like i'll only make two fucking hundred dollars today but let's let me let me take a look okay i am going to bring up this because on slow days i want you guys to not do stupid shit try to force you know because every day is different and i can use an example try to make a hundred bucks messing around i lost three hundred bucks you know just stupid shit like that there you go guys you know two hundred dollars a day supplemental income is life changing money that's fifty thousand a year who can make two hundred dollars that you guys all can make two hundred dollars man all you guys have made two hundred bucks in a day but the problem is you want to make a thousand then you end up losing so become very inconsistent the key to trading guys the key to trading is consistency that's from my point of view it's not these home run stocks all that because i'm trading i'm planning to trade for a long time i'm not just here to trade for one time gamble and all that stuff and so it's really difficult to try to get that into beginner's head because they're they don't want to make two hundred bucks it's sexy making twenty thousand it's sexy pumping and dumping and going for these crazy home run stocks but then at the end day you know it's like how many people actually become super rich in that strategy and then you look back like i wasted six months fucking i lost money in six months if i if i just make two hundred bucks a day that's twenty five thousand dollars guys it's twenty five thousand dollars so the reason i keep saying two hundred dollars because that's life changing for most people okay it means that you can eat whatever you want stop thinking you need a million dollars to change your life okay have a job supplementary income traded an hour a day make your two hundred dollars the reason why i keep saying two hundred is because if you can make two hundred dollars consistently a day you can make five hundred you can get thousand it's leveling up but first you have to make a hundred dollars consistent then two hundred dollars but you see there's no it's very it's very easy to make two hundred bucks a day in my opinion the problem most people don't want to stop a two hundred dollars a day but they don't understand if they can make two hundred bucks a day they could make a thousand bucks a day it's the same process guys a repeatable process and on slow like slow day like this you know i'm looking at allons i'm like i'm kind of pissed off because it's just like there's nothing moving and we're so used to making these big numbers that when things like this we start to just dick around and that's that's that's breaking your discipline you have this is a job this is not ego this is not gambling you go and you take what the process gives you you know i could have easily freaking lost three thousand bucks back again squeeze on stupid shit try to make hundred bucks it happened before man i was trying to make a couple hundred bucks and i'm losing like ten thousand before it's just stupid shit like that you know you end up giving up all your cushion and so on slow days you should be glad sometimes they're slow we trade if you are trader you trade supposedly for freedom but for some reason we're glued to this fucking screen get off the fucking screen go outside and live life and be free and this way you don't need to be a full-time trader guys i'm just sitting around nothing to do it's like fucking 830 over here what am i gonna do so i don't need i i can have another job so my job is m i c i'm helping members i'm doing that thing it's not like i'm a full-time trader they have full-time trader it sucks i'm telling you right now man it fucking sucks you have no companionship you have no co-workers you just buy yourself and it's like a longing to be part of a community and so you know it drives you nuts i'm it takes a very special person which is like a really deranged person to be able to sit by themselves for eight hours a day 40 hours a week not talking to a single human being you become really weird and so that's why it's kind of like you trade for freedom but yet you know you're obsessed to the screen because you know nothing is ever satisfied and so that's why i take vacations i hear these guys saying no days off fucking work work bull fucking shit you will burn the fuck out you know that's what happened to me man i worked nonstop three years never took a day off and it's like yeah i reached all my goals but i wasn't fucking miserable i i fucking gained like 30 pounds i fucking my health was horrible hardly slept nervous wreck pissed off all the time couldn't socialize with anybody it's just kind of you know you know it there's a balance okay and i'm going to tell you the secret guys it's not how much you make it's how much you make in the littlest time possible in the shortest amount of time possible with the least amount of stress because you know what the difference between 200 bucks 300 bucks is not much the difference between making four thousand dollars and ten thousand dollars you may think it's a lot but i mean your life is not going to change you you're still a million a year who gives a fuck it's a million or two million it's like you know but if you're gonna have to risk your life and stress to do this oh shoot let me see what i got i got blind orders out oops yeah you know i say that's like i'm still fucking trained i'm so addicted you know because i'm so bored i need to leave and so sometimes guys because i hear a lot of people's they you know what else do i do all day and this is why i keep telling people do not quit your job because being a full-time trader it is not about trading all the time being a full-time trader means that you are there for the opportunity you're able to sit there at the optimal times but if you have a job that occupies let's say this the open of the market it's very difficult to trade you know and then go to work those hours so the way you could do is this guys there's a little trick pick a job that allows you to have the window of opportunity so that you can trade so before you stop before you think about quitting your job to be a day trader what you do is find a job that allows you to trade during those hours and that's what happened to me i was very fortunate so that i was an engineer so i could trade in the morning and i go to work but without having a job i would be so stressed out paying the bills and all that stuff you know and look at me i'm sitting here i have no pressure i made the money the only pressure is myself i'm bored so the hardest part is the discipline guys and that's why you need a tab you know this is why i do what i do i do live you know you find a hobby you find whatever just to get you off of the screen and i guarantee you guys it's we always say less is more but what is less less means just stop over trading you trade at the optimal hours and you don't give back it's the bleed of boredom that cost you money every day imagine i just threw away 300 bucks because i was up like 3000 or whatever the fuck that's like whatever but that's 300 bucks imagine you do that every day for five days that's 1500 bucks four weeks 6000 a month that's 72 000 fucking dollars a year that just pissed away something like that 50 000 70 yeah 70 yeah 75 000 dollars dude 300 dollars a day is 75 000 a year that's 60 000 something like that but it's a lot of money and 300 dollars doesn't mean much when you think 300 but when you fucking do it every day same concept of making money if you're gonna bleed the money it adds up man and you know i i've been i that's been my because that's my entertainment actually just fucking around you know but you know for a lot of people that's a lot of money even myself so i want to quit now you know but for me i'm just bored entertain you know doing this but so i'm just giving you guys an example of my bad habits okay so be aware of that and you know today is really slow the markets are really slow you got you got to take what the market gives you guys i'm not gonna talk too much right now um the whole thing about today is just telling you guys that hey man it's okay to be slow be real be realistic with your goals if even if you made 200 dollars today guys fuck man you think about the guys on the mall working the hot sun they work all day to make 150 dollars so don't think of yourself at 200 dollars is bad don't compare it to yourself to anything you know focus on yourself don't look at other people's p&l because for me sometimes i look i get pissed off like why why is this dumbass making so much money right you know so you you you start to feel competitive but to be honest dude don't compete with anybody except yourself you want to compete with yourself be better version of yourself the next day that's you know and keep it realistic i've been really list realistic and i've not got what i want to say anything but you know like guys in the mic say no when i lose i tell them i lose and it's been a long time not a word right and then i look back 3000 5000 6000 10 whatever it adds up it adds up guys when i look back at the end of the weekend like oh shit you know it's like i had to wire out twice you know and so so keep it realistic guys that's why alex has a stack of hundreds you know and and to to keep it realistic you have to wire out and see how much that money is because the numbers on the screen if you just look at the numbers in the screen it's just meaningless but but when you think about what you can buy with it so it's everything is 300 dollars okay i could have thought i could about three of the shirts that i didn't want to buy because i was cheap it was on itself you know when you when you do that kind of stuff you know it puts everything into perspective and you'll be happier person okay numbers don't mean shit but when you equate it to something an example would be taking your parents out for dinner 300 bucks because i took out the whole family to his nice steak dinner it means a lot now right 300 bucks it means a fucking a lot it doesn't just mean 300 bucks it means a family dinner that you paid for and when you when that happens when you equate the numbers on the screen to real life events your whole perspective changed and that it changed me i you have to have a goal you have the goal goal could be i need to make enough money to take my family out simple as that anybody doing that in my opinion you will change your perspective on numbers on the screen to real human value all right guys that's it there's nothing much today we'll see you 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