 What's going on guys? We are back with another episode of the after hours podcast We are slowly but surely making our way through all the mods and we've been doing a good job We had a little hiatus mark. It was crazy, but we are back now. So we have cloud on today. So cloud Thank you for coming on. Thank you guys for having me We've been planning this for a while. I've kind of been a bitch and canceling a lot because I've been busy and tired and shit So I apologize, but glad we can get it going and Bob Please link up a little bit. Yes, sir. Yeah, so I mean I guess to start it off I mean Maybe you just want to give like kind of like a brief kind of bio summary of like Maybe like how you found trading how you got into it? You know just stuff like that. Okay, so so I'll introduce myself and talk a little bit about myself So my name is Claudio Soriano. We were actually talking about it I was born in Puerto Rico. My whole family is from Chile though So my brother and me are the only poor we can see in the family. All my other families from South America Argentina and Germany. So I'm I have a bachelor degree in electrical engineering and a master's degree in processing So I've been working for the past maybe for 15 20 years on and off in pharmaceutical companies So that's why I love Pharmaclase, you know, well when I when I when I see these these stickers I Go into deep to see what like for example, I have Today, I was looking at season Z as a end They had news and I was playing in Mamatai what were the news about so yeah because I have all that knowledge of those past Years I can go in and understand what they're asking and that's actually really cool Yeah, that's cool I've worked in Amgen, Pfizer, Milan, all big a lot of big pharma So I have like an edge in understanding what they're actually saying when when there when there's a phase one phase two and phase three So that that's that that's I love a pharma place They're pretty dangerous there because you don't know when things are not gonna go your way But I've managed. Okay, so I started trading. You know that when I was preparing for this interview I was thinking where I got the money to start and I just remember back I started trading in 2008 and It's funny because I had a club a club an actual club, right? And we open up we open it and we had a situation with the mayor of the of the city We were in and we finished in court and for four years. We were in court with them Where was this? Yeah, and and and then I won that lawsuit and he gave me I think like $70,000 so I pay it off my dad died also money I pay it off my my brother and I think I was left with like 30 something thousand dollars, right? Yeah, and There's no PDT. There's nothing like that over there. No, yeah. Yeah, no, no, there was PDT. Yeah Okay, yeah 2008 there's still yeah, so so so I took some class I think I paid like $5,500 for some guys that had like like course on learning how to trade in New York, so I I wanted to trade in but it was 2008 So 2008 the market crash so basically anything that you put money into You were making money. So I remember that after six months of trading I was up like $90,000 and I was like I'm gonna do this for the rest of my life, but One thing what one the major difference I see from back then to now is that back there I was alone. So yeah, I didn't have anyone to talk to about trading so in Puerto Rico No one knew I only knew one guy in Puerto Rico that traded and he was like super He didn't want to say anything or nothing. He just said that he was cheap like Pastor cheap. Yeah, he calls stocks cheap. So he was overlooking his chips and that's it He didn't care to teach no one. So how did you find out? How did you meet him? How did you meet a friend a friend? Yeah, but he didn't want to teach anyone so basically like maybe a year into six six month nine I didn't blow up, but I basically stopped trading. Yeah, then after that fast forward to 2019 so There's a story. So I I came to the United States after you can Maria I lost my house. I still haven't touched it from your American Maria So you can Maria it didn't destroy the house, but it basically unlivable right now. So we came here And we move a lot of through a lot of places like we move like in six months four times in order to see what what and I had a Little money save but we came from Puerto Rico to Florida with one suitcase each and a couple of thousand dollars This was 2017 Okay 43 now 43 so now so you're like 37 something like that. Yeah more or less And I have two kids and so each came each one came to the United States with one suitcase People do not know but Puerto Ricans are American citizens. Yeah So we we don't we don't we don't need like bees as people think that we need bees are green card We don't need any of that. We are American citizens. We that's another story. Anyway, the thing is that we came here We started looking for opportunities I was looking for a job because I was working in Pfizer at the time as a consultant when you look in the club You can Maria hit they basically get let go of all the console. So I'm out of a job. I come here a friend of mine helped me out But then he tells me okay, this is for a limited time period then you have to figure on your own So that's why we move a lot of places and the thing is that that was in September 22 maybe September 22 2017 I landed my first job on April 2018 And I had to go back to Puerto Rico. Yeah, so I landed a three month three month job in Puerto Rico in Amgen So I went back to Puerto Rico without my family left my family in their apartment and started working to build up money again I'm not trading. I'm not trading. I'll tell you when I start to trade is pharmaceuticals Like is that line of work in Puerto Rico? Is that like very well like respected? Is it like? Yes. Yeah Puerto Rico is like a mecca of pharmaceutical companies in the world. It's like really really big things like that's cool I think is the the place that has more Pharmaceutical companies per square mile in the world like Puerto Rico is a hundred by 33 miles a hundred miles by 33 So we have so many is it's not pharmaceutical medical device combination there. There are a lot of We'll call it life science. Cool. So the thing is that after the three months I came back to the States and started looking for a job again and this friend of mine Call me and told me hey, man. I need a guy like me that it would be you I Had I have a job in Georgia you want to come I'm like I moved my wife to this apartment that we you see right now. I actually I Actually slept in that there Or like a year You know, and I'm a big guy. I'm six you know, so we we we did From nothing so we started from like we didn't have anything so the curious thing and this is why I want to tell the story When we when I went back to Georgia, I was alone again because it was like a contract for three months Okay, but the difference between Georgia and Puerto Rico is that over there? They were paying me 2.5 times the amount of money. I was making in Puerto Rico. Yeah So 2.5 times is a lot of money. So I tell my wife, you know what? Because we don't know how much time this gig is gonna last Let's leave like we were leaving before this job. So basically we were leaving X amount and that 2.5 was going into the bunker into the bunker and Those three months turning to six months six months turning to a year one year ten to two and fast forward to two years and a half Back in covid starting 2020 March April 2019 at the end of 2019 are you open an account again? Yeah And I started trading but but really likely. Yeah, January, February of 2020 I found you guys I saw an ad on Facebook and I'm like the thing that got me hooked was the community the name my investing Sounds like a kid like a kid club, you know I have like a lot of faith on the word community. So I say, okay, let me see if This if they're actually a community if this actually means that we're a community All these years where did you have the training like where did you in the back your head think like I need to be trading or was It kind of something that was like maybe someday I'll get back to it Or was it something like because I know if I took time off. I couldn't sleep without thinking about it Trading I love trading. I'm passionate about trading. I've always been passionate about trading But there's one thing very important about trading that people do not get in order for that trading to me is a blessing You need zero effort physical effort, but it's a highly emotional game So every time people tell me what do you have that other do not? Develop discipline if you're not discipline in your life, do not trade period That's one thing and the second thing the second thing is that You need money So when when I say to a person that wants to start trading, this is the method I tell them you need to save up if you want to take this to the next level that like real Not not like part-time trading or not going to full-time day trading you need to Analyze how give me one second you need to analyze. Oh, that's a nice view. I know geez we get a crash shot There you go. Yeah, I want to look like bow I Tell people you need to figure out how much money you need to leave one month like for example That that amount is $3,000 that will cover everything. Yeah, so you need to have between $18,000 and $27,000 in the bank account. Yep, that will give you peace of mind and then after that You will need another $30,000 in order for you to trade like you're supposed to and then you need to go to me And you need to let learn the process if you're not gonna do it like that is not gonna work because if that money that you're trading with is attached to electricity bills, you know water to rent then you are a highly emotional and This is emotional already as it is. Yeah You don't have money you're making it worse It's like you're on the loose game, you know, wait on you I mean, that's the thing why Harry and I both like probably did well like kind of quick because I mean I know Harry was pretty young. So like like Harry. You didn't have that many overhead expenses I got nothing to lose absolutely. Yeah thing to lose, right? You're blessed. I also think like I agree with you 100% in that point Because like even when I come in my my my biggest days my best days are when I'm not focused on the money at all And then I look over and I'm like wow like this was actually a pretty big day, you know It's it's like no one sets out and says, okay I'm gonna make you know this much this day this much whatever I need to make this much to To pay for this or I need to make this much for that It's all about kind of what the market gives you and when you're when you're trying to take from the market The market has a funny way of like not giving you anything, but when you're when you have that mindset of You know, it's true mindset of like I don't give a shit if I trade today I don't give a shit what I do like I don't even want to trade like it's funny because like a lot of people like You know, I was a college kid in college and it'd be a Friday and You know, I'd be hungover because when I was in college, we didn't have classes on Friday It was just Monday to Thursday So Thursday night everyone would go out and then like no everyone would be kind of like hungover on Friday or whatever and so I remember I woke up one morning and And like I was hungover I did I really didn't want to trade and at that point Like I was also shorting as well and I literally just set my lines to the fantasies and like I was also super sick because we had like a Bunch of tequila, but they just fantasies They literally hit the fantasy orders come back down and it turns into like an all-day fader and I remember looking at it like maybe like 20 minutes or 10 minutes later and I was like, oh shit. I got filled right like oh shit oh shit and But like, you know, it's just the process works where you know in that in that state of mind Like you don't even want to trade you don't even want to get filled But you're so just addicted and like obsessed with the craft that you also want to put you know You also want to make a trade right so sure like I'm like I put I put it to an area where it's like I probably won't get filled but if I do this is going to be the best area and then it just works right rather than trying to Keep fighting and inner line inner line and then get blown out of the range and then only to have the stock reverse on you Right, so yeah, I just find when you want money the market's never gonna give it to you when you have that mindset of I don't really need it or You know, like I know a lot of doctors who are making really good money and You know, they don't necessarily need the money, but they trade because they love it and they're they're good at trading because they don't really need the It's just a game and it's just That sort of one of my best friends I I was teaching one of my best friends to trade and like he is funny like I think he understands trading Like more than any new person like in a month. I got him like very caught up to speed like fast but His problem was like he was trying to trade to get out of his like His like lifestyle like he wanted to quit his job and from that All he would do was press and press and press so like to kind of the cloud's point It's like Yeah, like if you would need the money right now like you will never in my opinion You won't be successful unless you get really lucky The market will make sure to slap you and make you learn, you know, it's like yeah, you need to let the process flow That's the word. It's like you need it The things start getting like I explain to people that ask me because you know, you guys like this is funny because James is an intraday short. He specializes in that Harry is an intraday long and I am a long swing trader. So we have three different techniques three different styles And they all work but each one of us look for particular things It's not the same process that I have that I always say to not try to mimic uh, alex and bow because alex and bow If we were in college level, they're phd and they're they probably have three or four phd and bow has like Like 10 phd on the ship, you know, it's like that was the college That was the fucking college You can you can see the lines And they will actually work But in between the lines how you play it is on you. You have to have your process You have to have your I tell everyone the same thing process rule discipline patience four things If you don't have any of those four things you're you're you're coming into the Morning, yeah, that's it. You know, I also think like one thing is like also the ability to like kind of Deal with stress too, you know, because during that time you would have been super stressed out, right? I mean Like you're not you're not stressed out but trading is a stressful game and when you when you You know when you have that in the back of my mind Okay, like am I gonna become just consistent? I need to make that Or I need to make it, you know, I need to get better Like that puts some that can put pressure on people and put stress on people So like was there ever a time where you were just super stressed out? And if there was like, how do you find that you dealt with that stress, you know so You know, I let me tell you I'm gonna that that I still am dealing with stress in intraday intraday trade Like I can be here and my max size intraday trading can be my max size right now my max size right now is a thousand Chairs, I don't go over in a thousand shares in trading. Why? Because I think that you have to level up. It's like a game I need to feel comfortable with 300 chairs the up and down of 300 chairs in order to be comfortable with 600 Chair or a thousand chairs I always see members in the community that they start posting 5,000 10,000 dollar days I'm like good for you and out of the sudden they disappear because they don't know how to manage the Lossy losing part and they blow up. I'm like you have to learn how to make $300 No, you have to learn how to make a hundred dollars or 50 dollars first Yeah, and it's not making them only is that the risk reward If you're making a hundred dollars, then your risk is 30 dollars. If you look 30 dollars, you're out You know, and that's the I think that's the major problem You know, you know, if you're if you want to make $300 a day Then you need to risk 90 dollars a day and if either one of those happen, you're out, you know As you progress First you learn how to do 100 then you learn how to do 300 then you learn how to do 500 then a thousand Yeah, it's you you don't deserve On you're not supposed to be trying to trade making $1,000 $2,000 like you guys are doing if you haven't learned how to lose $400 because you blow up 100% and I mean when you get started in this game, you know It's not easy, right? Like you really get your ass kicked for like almost a year straight until you just start learning You know and that's kind of what happened with me I actually started when I was in like kind of like high school And you know, I was just like continuously getting my ass kicked getting my ass kicked And then you know, I guess like through time you just kind of develop you refine you get better And now I'm kind of where I am, you know, a lot of people are like, oh, you know, you're you're super wise for your age But it's like no, I just got my ass kicked so hard That I am the person I am today So like I guess like, you know in those kind of early stages where like maybe stuff wasn't clicking or you were learning and looking to get better um, like what were some things that you did to kind of um, you know Just get better and just like as far as like, you know backtesting and learning what works Like what were some things that you did to kind of get to the point you are now? So, so let me tell you uh 2020 january and february to answer that question that that's a that's a very good question. So January and february I come into the community. I see the community. I see you guys I fell in love with the Treatment, you know what you were having. I'm like I'm working so I cannot Trade and I cannot take advantage. So I I write to touch and I tell them I'm leaving but I'll be back That was february last year, right? On june, right when the covid started really hard covid started march april May and june, they let me go of georgia Yeah, so I've been working in georgia for two and a half years alone without my family I'm a really family guy family oriented guy. I love my family and for the first time in my life I was away from my wife. Uh, we this december were 20 years. It's gonna be 20 years. Congratulations. Wow Congrats. I know that she put a spell on me because after 20 years. I still in love with her She's doing like this He put a spell on me. I'm still after 20 years. I see I see I see stars for her. But the thing is that um When they let me go I wasn't worried. I wasn't scared because I sat down with my wife in That chair in that table over there that you see. Yeah there And she's over there And I said, you know what make the We have enough money to leave like we live right now for three years We don't have to do nothing period Yeah, so I say I need one month of vacation so I can Enjoy my kids because my kids weren't without his dad for two I came in every weekend But I didn't spend in those two and a half years more than three weeks. Yeah together like From one week to the other three weeks. So I was going to come in and going coming and going coming and going so um I tell her give me one month and in that month I tell my I tell me the you know what I want to I want to go back to the community and I want um And I want to see if I can become a lifetime member. I want to make the commitment so I call toss we talk and I became a lifetime member on july period I came into the community. I pay the lifetime membership. So Now I open a second account And no, I open a second account. I think in march and then I open cover accounting july right We're only doing swing trades at that point or did you not even know like what? No, no, I was I was swing trading but very little so okay once I became a lifetime member I I I got the ball where I left it back in february and started watching videos again I started watching videos videos videos. I start complementing what I know With the videos and start doing a process that is actually replicable And I can work it out and that's where I'm at right now. So July comes end of july And remember that I have a negotiation with my wife. I tell her I just I want one month and after that month I was going to go back to looking for another job for the next opportunity but cove is in so after july I see the bank bank accounts and I see that I've made twice what I made in georgia in the first month And like okay, maybe it's a coincidence, you know Maybe it's a coincidence, but I tell mcdalia. Okay already covered what with what I made this month so We trade into august And when august finishes I'm three times what I made in georgia up And I go like Okay, mcd I think I don't need to go back to work, you know because yeah As long as I'm doing this and it's working and I'm calm I'll keep refining my process Yeah, but we don't have to Worry about money Were you scared that it was luck? Were you scared that you were just getting lucky at any point because I've had that point That's the thing that first second month third month. I I went even but on november That july august september october on november I made eight times What I made in georgia Wow, so that made it for me that I was like and I was trading like really calm Yeah, I'm not going crazy. I'm just waiting. There's sometimes last week. I I didn't trade it wednesday thursday and friday I stood in front of the computer. Yeah, I was here In front. I was I was helping members and I was looking at charts. I had screen time I think one of you two guys are all constantly talking about the screen time to me Yes, so important to understand the flow of the stock Yeah, because if you understand it, you can play it way better. Yep that person that just go in and that's it so I'm like My my wife tells me Here's the where's the the negotiation changed. She told me as long as I have six months to a year Catch in the bank accounts. You can keep on trading. Yeah, and this this has happened from july on to august september on to February and I think my only losing month was december and it was like real I'm still working around intraday trading I've been I've been getting a lot of Rapport by amin But still I don't I I know I can't be good at everything. I'm still exploiting What what I'm good at, you know, my my my forte is Day trading long switch up. I was watching neo I'm already all my shares of neo are long term capital right now. I've been holding it for more than a year I have another thought that I saw today Chloe's that I've been saying that this will blow up sometime because he has cancer approved drug Anyway, but I've been holding it for more than a year too, you know, it's I have the discipline to If a stock is working, I doesn't hear where I think is going on. Well amc is getting killed anyway I'm watching gme right now gme is at 182. Yeah, I'm not even my screens are off. I'm fucking tired I'm a freaking addict Yeah The thing is that Did your wife was she oh, I mean she can hear me, right? Yeah Just make it just make it sure Was she always like I don't want to say supporter because it sounds like she was supportive But was she ever questioning was she ever like because my my whole family Everyone at some point was like dude, what what the fuck are you even doing? Even if I make money that what are you doing? Don't get it and what was she ever questioning of that that she ever understand like Yeah, of course man. She was but you know what every day at the end of I I hold three accounts I have romehood account a tv account and a cover account So every day at 8 p.m. I go in front of my computer to an excel spreadsheet that I have And I put how much I made or how much I lose and I tell her Today we make x amount of dollar or today we lost x amount of dollars So she has been seeing the progress of the accounts going up and up and the other thing is You just have to the best thing about relationship is that if you see her as your enemy Turning to your friend. So I brought her And I started She started learning she took the accelerator course like two times and she started trading So it's not the same thing, you know, I um after a while She stopped because uh, we we're I think I've said it before we're writing a book and we're in the As face of the book And uh, and we're she's working on the with the editor hand to hand to complete the the Like there are a couple of chapters that still need editing because people think that writing is the easy part No, it's not right. Yeah editing the damn book that it has taken us a lot, you know, yeah Right now I'm in the process of turning this into a business. I sat down with brian And i'm i'm partner, you know with another guy with the guy from georgia the one that gave me the opportunity in georgia He's gonna work. He's gonna start working there. So we're gonna be two people trading At the same time, you know, so we're gonna I I believe that if you have someone right next to you or two people right next to you It's like it's it's you hold accountable to the guy that is right next to you That's like a tab program on crack. Yeah. Yeah. Yeah It's the same as a tab, but instead of having it in the screen you have it right next to you. That's amazing That's really cool. So what is the what is the book if you can you talk about like, how did you Decide to write a book like what how is it even what's it about? So my wife is a counselor and a social worker Okay, so she have worked with Young adults for a lot of time, you know and she worked in fully school back in puerto rico and she used to do workshops and I started getting involved in what she was doing as a hobby And I started reading books about human emotion and human behavior So I got really good at it and we started doing workshops together like Our target customer is from 18 to 30 years old Yeah, the book is about everything that you guys because your dad is youtube Everything that you're living working Struggling the book talks about, you know It has a chapter that is called mommy and daddy It has a chapter that is called you're gonna fuck it up It has a chapter about money about managing money has a chapter about relationships It has a chapter about what do you want to do with your life? And it's like it's like a guide. It's a the the name of the book is what the fuck is happening to me A practical guy a practical guy for 18 to 30 year old young adults So that's cool. It's a fucking weird age. I mean, it's like a really weird age, you know, it's like that Yeah, to me to me is the most beautiful age because there is a chapter that is called How do you call it? 20s is everything no Okay, 20s are for everything that ends up in ing Okay, so that traveling, studying, fermenting Sex, but I don't know what word we use in English Fucking fucking So Exactly that that's it. So to me 20 is the most perfect age You shouldn't enjoy it guys because you don't have enough responsibilities But you are on the clear tool like you're starting to live life like it's supposed to once you turn 30 like What what joe is struggling in right now that he just turned 30 and he think he's an old fart So that's when things start to get real like you you start changing your mindset into I need to Have a house or rent a house or buy a house. I need to have a job I need to have need need need need need in the 20s. You're just living life You know, if you're intelligent you'll travel to the whole world If you're intelligent you'll experiment With other people and with you, you know, and there to me is the most important age Through your lifespan is that is that is the that that age between 20 and 30. So enjoy it guys I love that. Yeah, I mean sometimes I sometimes I feel like I'm 26 and I feel like I fucking close to death But it really is so young, you know, it's just crazy. I mean I look at area. I'm like Jesus, dude like Even 20 Yeah, dude, it's weird. It's a weird thing and it's weird. I think trading to it like Trading is a weird profession because I feel like it accelerates your age in a weird way because It's a job that has so much to do with the world Like even if you're trading small caps, you still understand like market sentiment You understand like what's going on in the world because it's stuff you pay attention to And I think I think it just gives you a different perspective on life too because it's also a job that Like for me, like I knew that if I could be a successful trader I wouldn't have to work. I could do everything I want to do because when you're in your 20s Like yeah, you want to travel and do all that but sometimes you're just poor sometimes you have no money Like some of my friends they got like $10 for their names and yeah, and it's like It's like trading is like one of the only jobs that like I think is the perfect job for young people because it's like Dude, I trade an hour a day most of us do like we trade for an hour and then you have the whole Day to do whatever you want go do what you want and and that's why I think it's such a cool profession Yeah, but you need to know that there's uh, there's life outside the in front of the Yeah, yeah, which is why I love trading that's why like I always try to explain to members like Dude trade for an hour a day and like whatever the process gives you like accept it because There is life outside of this like I think it's like I love when I see people studying and like working really hard but at the same time it's like to their son Yeah, but but at the same time it's like there's life outside of this and like you have to enjoy it Or it's a little kind of go by pretty quick Yeah, I agree. You need to you need to enjoy life. You know, it's like if you make this your life job You're blessed man. Really. You're blessed. You you only need a computer and internet and that's it That's it Yeah, anything else But you need to focus on everything else matters. You know, it's like you have a life outside the computer Yeah, and you need to enjoy the money that you're doing too Alex is doing right now. Alex is fucking enjoying his life, you know, like and that's like I love it, dude. Like when I first met Alex like I thought he was the biggest workaholic and that's like how we became friends We always talk about just how there's just no time to do anything Like it was 24 seven like either you're at your job or you're helping people or whatever And like seeing someone like that like actually just enjoy his money and like blow $10,000 on bottle service Like makes me happy because it's like dude. You're enjoying it Like what's the point of all this like all the money you make like same with you, right? Like you I'm sure you get to spend a lot of time with your family now And it's like that is what this is all about like there's more to this than just like the dollars in your account It's more just like what you can do with that freedom and and the money in your account Yeah, you gotta really remember. I guess where you started, right? Like I mean everyone has a reason why they got into this game and a lot of the time You know by the time you kind of reach maybe the consistent or the whatever Um, that's either not a goal anymore Or I mean sometimes it is right like spending time with your kids. That's always gonna be a goal But you know, let's say for me when I got into this game, you know, I was just like Oh, well, I'm gonna make a bunch of money and um, you know, that's all I want to do But now once you once you make money and stuff like that you kind of realize that, you know It's not about I mean, I guess for me It really wasn't about I'm kind of from a small town in Canada And if I went out and let's say got a Porsche for instance, you know, everyone would hate me in my town You know, I realize that now right like everyone in my town would hate me So for me it really ended up not being about that But now it's more so about my own freedom my own time and Exactly what you said, you know my own ability to really do whatever I want really when I want to, you know Yeah, I mean cloud you got into this I mean you were telling in the beginning about how much your family matters to you and it's like You ended up in a profession where you probably had no idea you'd end up in this But you're now in a profession where like a family Can come first almost all the time like you don't have to trade every day You don't have to come to the screens every day. You don't have to do nothing. You don't have to do shit But one thing that that I really want to point out out of everything Is not you have to be happy doing it You know, you have to really enjoy trading because money is a vehicle money means shit Once you die, you cannot take that money So if you generate money trading make sure that you go out and enjoy that money That's what alex is doing right now because he was playing a game that he was Working working working putting so much so much pressure on himself and he was Driving himself insane Because it was almost pressure on him The moment that he realized that he enjoys and I didn't talk to alex about i'm just guessing that You need to enjoy this right if this is something that makes you sad or make you uncomfortable or make you miserable Don't do it. Go look something else that you're passionate about, you know Because life is about being happy and happy doesn't come from outside comes from inside People think that happiness comes from i'm not happy making money. I'm happy generating it, you know No, it's a big it's a big difference and and people do not know like I say always this example with girlfriends. Like I hear people saying she makes me happy No, dude, she doesn't make you happy because then you're attaching your happiness to her and when she leaves Then happiness your happiness will live with her You're happy being with her You understand the difference. Yeah, that's big. Yeah, I think I think for me like I mean like I really respect the route that alex took where like alex alex alex set himself the fuck up, right? Like alex alex spent time Learning this shit saving his money really, you know accumulating everything not going out and buying a bunch of You know fancy cars and shit like that. Although he did, you know, he he obviously Did go down like he you know, he bought some nice cars like when he was really really set up But he really spent a lot of time You know just focusing on his craft to be able to be where he is now And for me, I like I really like I'm still going down that route But you know, like that was something that I really wanted to do too Where you know, I didn't want to go out in party I didn't want to go out and do all those things because I wanted to set You know, I kind of looked at it You know if if I spend like two to three to four years really narrowing down and really spending a lot of time And sacrificing that much on this game Then for the rest of your life, you know, you're pretty much free So I think that there is a lot of sacrifice in those first three years, right? You know, some people would say it's a hell but if you really love this game, it's really not and those three four years of kind of like sacrifice just kind of You know not not focusing on other things not going off track keeping keeping to your goals keeping focused You know can change your life if done correctly and if done right But you know, how have I been going out and partying and like trying to do all this shit? You know I don't know where I would be right now. You know, so I think it is a really fine balance for me and you know I just think that like staying focused knowing knowing your goals knowing where you want to be and what you want to Get and where you want to get to and how you're going to get there is like really really crucial Just for I think just just becoming consistent in this game, you know Yeah, I think there's a lot of takeaways from this too that Like for cloud it's like, you know, you didn't take that long to become profitable which is amazing and like I think that that really speaks to You like your drive and stuff, but I think it really speaks to that You know, there is like a little bit of recipe for success for a lot and like for you It was like being comfortable like knowing you had some money in the bank and some stuff to kind of fall back on So the stress level wasn't there Until you you did this for a reason like you got into trading because you wanted to take care of your family You wanted to spend time with them and be with them and have that freedom And I think that like you said earlier Harry is like You get into trading for the wrong reason like it won't work for you But when you come into this game and you have like a reason to make money I mean like I think it accelerates you that much more and it's not like you're forcing it You're just like you are driven and like that's what allowed you probably to be so successful so fast Yeah, I want to add to To um to what Harry said that is really important And what you said to you need to have goals and those goals have to have two questions What do you want for when because people tend to go and say I want a hundred thousand dollars Okay, how are you going to generate those a hundred thousand dollars? And when are you going to generate and how much time is going to take you to do that once and then word sacrifice I I would love to change it for commitment instead of saying that we're sacrificing I think that the better word the better use for the word is commitment You're committed into generating Whatever you want for me is it's a lifestyle I don't want to be away from my family So for me it's like either I generate the money that I need and I need x amount of money It can be the the number doesn't matter You know, it can be one thousand dollars five thousand dollars ten thousand dollars twenty thousand dollars doesn't matter But after one month if I haven't made that money that I needed or I wanted I need to Look back and see what I was doing wrong in order to reassess my process I'm always saying that this is a a game that you need to tweak it So Harry has his process and it works for him You have um James you have your process and it works for you But I'm pretty sure that if something doesn't work You need to go back and see what's wrong and you tweak it a little bit and you make it work again You know, but Each person has to make their process the process that works for them and makes money Consistently makes money. That's it. That's what you're looking for and you have rules that are set on stone If you don't have rules, that's why 90 percent of people blow up. That's why they say that 10 traders out of 10 traders one Only make it. I think it's two But let's see that. I don't know. I think it's cool But the the main reason I I say people think that consistency and I've I've said that in the videos a lot people That they they have this mindset that consistency is the key to be a good trader No, the the consistency is not it for me. That's my opinion to me If you want to be a good trader, you need to do risk management risk management about If you don't know how to lose money, you're fucked 100 dollars If you if you said that you were going to lose 100 dollars in one day and you ended up losing a thousand dollar You're done because that thousand dollar the next day will be five thousand dollar and the next day is Your account is blown. Well, look at bear. I mean bear. He like he he's not even like I wouldn't call him consistent because He could lose seven days in a row if but on his winning day make 30 x So yeah, it's killing it. It's killing it. But he has a process. He has rules He has consistency and he has discipline. Yeah four things That's amazing in my book that those are the four things that the the four pillars of a trader are those four things If you don't have them There are videos in the library That talks about everything that we have talked right now. There's nothing new. That's the thing like you you guys as And i'm i'm i've been a month what three or four months you guys are pretty sure that find Uh difficulty in in doing a new team because you have talked you have covered everything already You know, it's like and it's like being repetitive Like going over and over the same things, you know, and it's And I know that sometimes it gets first I really get pissed off each time in the month chat. They said this guy blew up Because I feel responsible even though i'm not responsible because I wasn't the guy that was touching the buttons But I say How come if we if we take so much pride and time in in making you guy in making the community successful Even though it's not my responsibility for you guys to be successful When you blow up I I get pissed off. I can't I don't know if that happened to you guys, but I oh my god, dude every day I mean I I text Alex about it a lot actually because it's like I feel the same way like I hate seeing someone struggling Right, like that's why I try to do in a no harry everybody We do our best to to get on the phone with people and help because it's like This is trading is weird because once you make it in trading I don't want to say make it once you're once you're making money and successful Yeah, once you're profitable you understand what it's like to not be profitable and And honestly like I think a lot of it with a lot of the members that aren't doing well are the people that are just like They're almost fighting the process and I think that whether you're swing trader whether you are intraday small caps large cap There is a basic process that m. I see like teaches and like like you said It's like the four pillars very similar to that and I think people fight it and like I said kind of earlier It's like what makes someone good is like what you had you had a drive to to be successful You had a reason to be successful and you weren't stressed about it And I think that once you kind of find that like zen like that that happy medium That's when like trading becomes easier and like like the fact that you became profitable and we're making money that fast is like Ridiculous like it's ridiculous, but and it's amazing and I commend you on it because it's it's that was not me but I mean and you I think because you did that because of how your mindset was And you're going to continue that into the future like like going forward like what is it that you're looking to do with your trading? And life in general like is this what you want to do is there more to it besides trading with your your old The guy who gave you the the opportunity or what is it? So I want to keep on the intro. I want to improve my intraday trading skills I because swing trading like people ask me What what are you doing different? And I was thinking right now while you were talking and I said, you know what? Watch all harry's videos And think about instead of intraday think about Long swing trading look at the bigger biggest picture is the same thing I'm not doing any different at what harry is doing Harry looks at major support and goes in and goes out. He does it on an intraday basis I do it on a weekly monthly. Yes, there's no kool-aid. There's no secret sauce Yeah, you know, it's the same thing and harry has so much videos on it I'm saying harry because I'm talking about long trading. You know, it's not like but My future where I see me right now. So the book The the reason I wrote the book is because I love giving workshops in college level and high schools So where I see myself once the book gets out is I see myself doing workshops Trading and investing in in flipping houses. That's the next thing that I'm doing because I want to generate different incomes of money I'm 43 man. This is this is downhill right now. I need to start making Uh, I need to make money while I'm sleeping not as completely out of trading even though it's working I know that if the market all of the sudden crashed, I'm not going to burn but it's going to hurt me Other incomes of money. So the book is one income that is going to keep on giving But I love to work with your age. You're 18 to 30. That's my niche. I love to coach Life coach people in that age, you know, I that's my passion, you know, I'm I leave it, you know, so Um, that's where I see me going in the next in the next year. It's a workshop Book trading flipping. I love that. That's awesome. Yeah yep, I think uh I think that it's such an undervalued thing to think about is that like again, like we talk about like trading is awesome and like the money's great, but there's a million other ways to make money and Trading like it kind of goes back to your roots, right? Like you weren't so stressed about trading when you were When you had money in the bank and now as you're better at trading and you know it like if you have other sources of income Like trading becomes even less stressful and you're going to evolve and level up again Yeah, I love that. Yeah, and I I just think a big part of why you were successful was that like um It wasn't that you focused on pulling money out of the market, but it was just that you focused on stability And you knew that you were stable and you knew that you were okay and that That that gave you that clear head and that clear mindset when you were executing you didn't have FOMO You weren't going all over the place. You weren't shorting at the lows. You weren't buying at the highs you were able to have that almost stability mindset to Allow you to really go in after you'd watch the videos and do what needed to be done Whereas a lot of people are going to keep shorting the front side because they need money They want money. They they want a Lamborghini. They wanted this they wanted that And they're doing all of this for the wrong reasons When if you just wait for the backside in that momentum shift and you go short You know, it's so much easier than just fighting all the way up But I mean that can bring us into another Topic of what people really want from the market Do they really want to make money consistently or do they want to keep fighting every day? Because some people just want to fight fight fight fight fight And the easiest trades for me work right away, you know, there's no second guessing They work they work right away. Like I'm making money right away. I don't need to fight They work right away. And if I feel like I'm fighting something I cut it right away Whereas a lot of people love to get that fight to get that entertainment to get that I don't know adrenaline. Whatever they love A boxing match Whereas someone like me, you know, I've done that. I don't need to fight something when it's on the backside I'd rather just go with the flow stick with the trend take the easier money on You know with the trend going the way it's kind of going And um, you know that that's just what I kind of want to do But I I know a lot of people love to fight and love to kind of get in that mindset So I think for you it was really just that stability mindset that flow mindset that I'm just going to trade with the trend and kind of ignore everything else mindset that really got you to where you you are today And and people think that I'm constantly trading. I'm constantly in the computer But I actually open like one position a week or two position and that's it because I've been doing videos And the videos if like for example, they call xl today And I wanted it but I wanted as an option And I put an option. I I got it. I I liked the call One of the members gave it. It wasn't a mod. It was a member and I I liked it where it is And I'm like, okay, if I want to get it, I want to get it here at support And the the option it didn't hit so I'm okay. So It didn't see that right there That right there is huge Yeah I can show you in the computer in the in the telephone that I said the option it didn't in didn't hit I'm okay. Okay. I I live to trade another day. I'm not chasing in swing trading. You cannot chase You just have to wait and I've in the videos have been saying my process I I just put alarms and my alarms in thinkorswim are connected to my phone So every time an alarm switches I get a message in my telephone number So I'm not watching a hundred These dogs The only thing I'm doing is for the phone to go off and once the phone go off I look at this dog Is if it's not getting killed and then I look into the because my niche in swing trading is $1 to $20. I will not trade So neo that everybody knows that everybody knows that I'm long neo But I haven't traded neo in a year You know, I I my my last I just turned When I when I took the jose bootcamp The day after I took jose bootcamp I went in 16 dollar calls on neo And I turned them into shares Two weeks ago like they were like 40 something dollars in the morning Wow Because I just waited and waited and that's the only position I have added to my core position of neo But I haven't I haven't bought Because uh chairs to keep neo $50. I will not My my my niche is $1 to $20 like for example, sndl that is moving today and vau was commenting on it I've been in since 40 cents 47 My average I saw I went in the third week of december Because I know that this administration They won marihuana energy sector solar sector Evie solar, you know, I was in fcal. I was in You know, what was the nndm those whole energy and I was so much in the money and when uh Trump thing happened the capital thing happened. I got scared I thought that the market was gonna crash and I got out of a lot. I I took like Out of the position. I went like 30 cash and after that they they just exploded. I left like maybe 20 30 thousand dollars Because of getting out, but I will not change. I will not change them back. I don't know. I took I took a stand I took a decision the decision was to get cash out And and I didn't went back in because I see so many people that they get out and they they continue seeing The stock going up and it's living without me. Good. They're How many two thousand three thousand stocks that you could choose from? Do not chase if you chase you're playing a losing game because you're gonna get that stock eventually is gonna go down You know, yeah so So as we're coming up on our on our kind of our mark uh What I want you to give Because I think a lot of people are gonna like really come reach out to you after this because I think a lot of people like swing trading and the idea What is one big lesson like the number one thing you would tell every trader in m i c What is like your biggest lesson that you've learned from this and what is it you want people to do to become successful? You have to have the right mindset Yeah, and discipline and patience That's it. Yeah, there's there's nothing else because People keep saying what is the secret? There's no secret It's patience and discipline. You need to set up your rules my root. Let me I love it. Yeah The rule Rules those are my rules and I keep writing them and I read this at least one every day You know, I had a losing day here. These are like, I don't know if you can see it But yeah, yeah, I was I was losing on game stop game stop I was in at 14 78 and that day I was losing 1300 dollars And I was long a hundred chairs so imagine this I would have taken it to 500, you know I cut it out. You know, I I was playing with we were always talking with oren because I took uh I was playing game stop since eight I took it to 20 and then earnings came out and it went down and as it was going down from 20 to 12 It went down. I I saw between 15 and 16 But once it went down to 12, I forgot to like go in again So he left without me and I'm like and I had options too and I I I forgot about it I had it in my in my screen and when he started doing what it did last week I saw it, but I don't chase Yeah, I'm I'm long you see right now, but I'm long And I haven't cut it out because I'm a greedy man. That's another thing That's another thing answer to your question damn fucking greed man If you're great, you're gonna get fucked up, you know, I could have sold emc at 25 dollars But I said, you know what my average four So because it's four I'll wait to eat for it to go to 50 and he hasn't got to 50 and Lowering today. I was I said I had orders at 20 In the morning when it opened it opened at 18 So it didn't cut me and I said if it went to 18, it's gonna go to 20 now. I'm putting my order at 16. I keep going That's how it always goes because of the damn greed, you know That's another thing man. If you if you're greedy, you're gonna get so frustrated in this game, man because I'll never make it. It's what you guys said. Harry's constantly saying it What the process gives you or or you James is what the You don't don't push for more just Take for granted what it gives you when you Hit that cover bottom or your or that cell bottom be grateful that you make that money. Okay, okay And you leave to try it another day this to me. This is a game But this game cost me That I no longer have to go out to to work. You know, now I can do my kids I can do homework with my kids. I can enjoy my wife. I can do whatever I want. I'm crazy I'm to get vaccinated so I can start traveling. I have a I have a an appointment with amin in duvay I have a an appointment with ak wildlife in alaska. I want to go to Australia and see pema I want to go to new york and see me town. You know, that's the most beautiful thing about the community I I'm crazy that I say that I'm crazy that I want I want to say I want to go to hawai who's in hawai I love it in hawai. Okay. Let's meet up and let's do something because he can tell me where to stay what to do The cool the cool restaurant the cool things to do and everything and if someone Like tells me he wants to go to Puerto Rico. I'll hook them up That's the beautiful thing about the community. Everybody helps each other not inside trading only outside of trading in life You can get to know the world. We have members from everywhere in the world Advantage of that. I want to go to Italy. I want to go to spain There are members everywhere and they'll be crazy to meet up with you, you know You have all of us have one thing in common is trading But apart from that there's life. So let's let's leave, you know, I love it. I love it Well, clow, I love that so much and I want to end on that because I think that is the best message you could possibly give And I want to thank you for coming on and any members that really want to reach out. I'm sure they can DM you And yeah, thank you again. Thank you. Thank you. I'm grateful for the opportunity of being in the community I'm grateful for having such a wonderful most right with me, you know, I can love it, man. It's beautiful, man