 What's up everyone in this podcast Alex James and I will be talking about the overall market conditions Sharing some stories and talking about how we are all doing and feeling in our trading So stick around listen up because this is an episode that you're not going to want to miss What's going on guys? We're back with another episode of the after hours podcast Alex is finally back from his Disneyland vacation, which is nice How was that Alex look like a lot of fun? It was a lot of fun, man. It was a lot of fun That was actually First time I've been to Disney World since I was like a child and when you go when you're a child You don't really remember what it's like. So going as an adult was a lot of fun and we had this Disney VIP So we skipped all the lines, right? I didn't know that the lines there are an hour hour and a half long each So people go to Disney and they go for like for they go for four rides and they got to go home But in total I think we did like every single ride that they had and maybe 20 rides there So that was really fun, but it's good to be back and now that we're back Our world is crashing all over again. I know I feel like every time we do this podcast So I actually like that this I've been two weeks since you've been back And I like now that a lot has changed and the market is just a continued bloodbath every day And I think I don't think people believe like how and he said like basically right They're gonna use every tool they can to just like crush the economy and they pretty much are I mean That's where we're at right now Yeah, and it's kind of sad, but like yeah, this is what has to happen I mean if you guys saw the currencies crash now, right? So the euro I think is 96 cents against the dollar I think the pound went from being like 1.4 like 1.06 So everyone's losing not only the value of their money and play It's really really bad and the crazy part is like not to get political But like the media is not talking about because if they talk about it It's gonna make our current leadership look like clowns. You know, well, it's our fault, right? I mean the fact is like everyone was really nervous about the US being like the non-dominant currency and like now All of a sudden that inflation is like, I don't know if you guys saw him like Turkey like inflation is like 20% Like or some outrageous number and now like we're crushing all the other countries around the world Just in our dollars strong again, which is like Fuck that's possible like I don't either it goes over my head because here we are like we're in a Huge crisis in our country like our economy is getting crippled But the dollar strong and like all around the world people are forced to like just pay more money for everything Like we're a lot more money a lot more money Not only is their currency down 30% our currencies up 30% you know what I'm saying? So it's double whammy and I feel like it can get a lot worse too I mean like there there's so much growing tension with everything else, right? There's like Taiwan There's obviously Russia and it's like I feel like we're just starting and I saw like this video. It was a Drunken Miller. He was talking about how you know, we could be in for like a 10 year of just stagnant Economy, you know, I yeah, I think people forget that that's that can happen because we've had this euphoric like Run since like 2008 like after the after the crash and everything once they Injected all the money back into the country It's just been like you could close your eyes pick an American stock and like make money and I think it's gonna happen I hope it doesn't happen What I think is gonna happen is it's gonna keep happening until we get new leadership and the potential new Candidate running is gonna run on I'm gonna fix the economy. I Happen and then when that new can that comes in Whether the Fed, you know keeps raising interest rates or not They're gonna be putting pressure on all the industries to be able to fix it because right now this guy doesn't even know what year we're in Well, there's gonna know what inflation is so because of that. I mean, I think we're really doomed I really think we're doomed and it's kind of sad It's kind of bad and with mortgage rates hitting 7% when we're recording this video. I really say it's next Don't be yeah, you really say it may not go down 50% But it's probably gonna go down 20 to 30% so it all goes in cycles right first It's the stock market and then it's real estate and then probably when real estate starts to go down within the next couple months Maybe the stock market's gonna start to rebound then six months after that is when real estate is gonna rebound But like the reality is we don't really know what's happening because right now People aren't making money, right? We see it in the market as well Like if you guys paid attention like after 1030 in the market the volume just shrinks God so Most people don't have any excess money, right and I'm convinced that a lot of these Lot of these casinos a lot of these strip clubs a lot of these people where places where people put their excess money in good times Are gonna be really really bad for a really long time You know I'm saying because just like the stock market people aren't gambling on hot stocks anymore because they got no more money And the money that they have they got to save it because you don't know what's gonna happen even me I mean, I'm not as aggressive with my spending habits anymore because I don't know what the hell is gonna happen You know, yeah It's called like the stripper index and it's like But it's the most true thing ever right it's like when shit's hitting the fan It's like strippers are moving back to other place and moving out of Miami because they're just they're not making money Getting the fuck out of it and I think credit card debt is at the highest It's ever been because people can't afford to you know pay for stuff So credit card expenses are going up rents are going up because people can't afford mortgages anymore It's it's a lot of crazy stuff that's happening and it really really seems like there's no hope until something changes and Whether it be maybe like an inflation number changing or whether it be some sort of catalyst like the war ending There has to be a catalyst for things to change and it seems like in no foreseeable future Is there any catalyst and in a few weeks is earning season? So these companies when they start missing their earnings is gonna balloon even lower, you know Yeah I mean, this is the first time like even like major companies like Apple got fucking rocked yesterday Like Apple and like all these big companies that were like safe havens for years are starting to like everything's coming down Yesterday like Nike like if you look at a chart of Nike yesterday, they went down from 98 to 85 You look at the daily chart. They're down from 180 to 85 a company like Nike is down 50 percent bro Nike, you know Nike this this is the heart of like just normal like it's not spend 200 bucks on sneakers You know I'm saying it's like it's like the heart of like retail the heart of what people kind of feel safe in and You know when companies like Nike are saying that they have inventory problems that they're gonna fire sale They're inventory because they got too much stuff. I mean It's not really looking good if a company like Nike if a company like Apple can't make money How are we gonna make money? Yeah, exactly like Apple like they said that like people aren't buying their new phone You know why should they they it's the same phone. Yeah, exactly 100% No, I completely agree and in the past people had all the extra money, right? So they didn't give a shit. They're like, oh fuck it. What's a thousand dollars on a new phone? But now like did I a lot of my friends recently have been like trying to buy houses Which I just think is crazy But a lot of them have and their mortgages are like four to five K a month on these like cheap houses And I'm like no one has the extra money anymore. It's the interest rate It's not it's only the it's not only the fact they don't have the extra money is they're not making enough money anymore I mean you guys see it even in the market, you know We're not really making as much money as we used to be and that's that's just what the environment is and imagine overall businesses like Nike's not making as much money. Apple's not making as much money Fuck Facebook's not making as much money. No one's making as much money So when there's not that money in circulation kind of going from hand to hand to hand There's nothing all the money that's happening is going to Ukraine, bro But this is why it's so hard and like people see the the positives of being like a trader and stuff and like Relying on the market for an income, but it's like when times like this happen. It's like dude There's just no range. There's like nothing like we had two days where I was like, oh my god Are we having runners because we just had those two like massive massive runners? And I and I felt like that was kind of like our last rub because we're back to like This it's just nothing, you know, and it's like that's where it gets tough And I I don't think financial literacy is like taught at all So it's like imagine like we're very blessed to be able to have a job where we can come and like still make money Even when there's not that much opportunity But like imagine being someone who's just making like 50k a year and it's like, how do you then fight what's happening now? It's almost impossible. Yeah, and the thing is that like a lot of people Are not willing to drop their lifestyle. Let's say you have like a pretty expensive lifestyle You have a nice apartment. You have a nice car. You have this you have that I mean if you have no savings and if you have a lot of issues I mean, it might be time to downgrade that Mercedes to a Prius It might be time to get a smaller apartment at least for a year so that you could build up extra capital to last a storm And I think a lot of people rather than doing that is you get the more debt, right? Yeah Oh, I was just gonna say one thing about The houses here. I don't know if you guys have the same problem, but in canada The housing like supply is very very very little like there's not enough houses for the amount of people here So everyone like in canada like moved during covet like everyone it seemed that they were selling their house They were moving a lot of people from places like ontario, toronto Came where I lived like out east a lot of people went out west people went to alberta And they all got these super super super low Fixed rates. Yeah, and so now no one is selling their house like so it's like Like I don't even know if we're going to have like necessarily like a big pressure because there there is a still a ton of demand But no one can get mortgages, but no one's selling So it's like no one can afford to buy a house But also like no one's selling their house So we have no inventory and also like no demand, you know, we have no supply and no demand So it's like what the fuck happens then, you know people can't afford it, bro They can't afford like it's like right now in america if you buy a six hundred thousand dollar house With if you can't put 20 down if you're putting like five percent or whatever did your mortgage is five thousand dollars Five thousand dollars is a lot of money and that's without the cost of like running a house You're talking like six six seven grand a month just to have a home. That's not worth it to me I mean fuck no, I could never it's gonna be a bad time. It's bad time to buy houses But the problem is that You know, some people just need it and they have no choice. They gotta buy, you know, say that's that's the sucky part is like What are you gonna do? It it sucks. Like that's that's kind of the environment we're in and it's crazy because you know just Six to seven months ago interest rates are two percent Now it's almost like quadruple bro quadruple, you know And the craziest part is like the federal sector just keeps raising interest rates It just keeps going and going and going and going. I think they're gonna keep going until something fucking breaks, you know Yeah, I think I think we're gonna break it. Yeah, we're already broken Yeah, I mean, I think with the fed like it's like the the thing I don't understand is like they they've gotta know what they're doing You know, they've gotta know because I'm a present bro. They know exactly what they're doing what they're gonna do I was an idiot They're gonna crash the market and then they're gonna buy it right back themselves. That's all they're doing Yeah, they're gonna crash the market and they're gonna buy back with Two trillion dollars and then when the market rebounds 30% they're gonna make their fucking 600 billion dollars. You know what I'm saying? Yeah, and it's like during covid like Like I feel like now is worse than covid Like you're raising interest rates in like one of the worst environments ever And it's like it this is like way worse than covid like this feels way worse than covid Like this feels like what covid was supposed to feel like, you know during covid Like literally like it seemed everything was booming. Yes, we had the lockdowns and yes We have whatever and yes, we had the economy, but it's nothing like it is now Yeah, this is this is what was supposed to actually happen during covid But when they gave everyone a stimulus check it kind of Temporarily put a band-aid on it and now that that band-aid is ripped off Uh, this is what the reality is and if you look overall mortgage down 35 on the year Individual stocks are down 50 to 70 on the year. So it's it's gonna be Painful and it is painful, but you know, this is if we could last this storm This is where like the real money is made because everything is a discount. You know saying like it's it's gonna eventually come back I don't know what the time frame is, but it's gonna come back because everything moves in cycles We are in we were in one of the most aggressive bull markets now. We're in one of the most aggressive bear markets So we just have to kind of be patient and see what happens, but in terms of You know overall lifestyle is everyone's got to cut their lifestyle Yeah, everyone's got to spend less everyone's got to adapt And just because you had nice things last year and the year before doesn't mean that you're guaranteed at this year So, you know, just protect yourself, you know, yeah problem is in america Dude, it's so hard for people to like downgrade their lifestyle because we've built up this like culture of like Any sort of downgrade is seen as like a negative and it's seen as like your failure When the reality is like if you're smart enough to just like stop spending like a jackass and like like I would imagine like during covid like The like richard milley sales and like rolex sales like all that shit was like through the roof Right and like I bet right now that shit's like Way slowed down even for these people, you know it has to you know, so it's like it's But those people are smart enough to slow down and unfortunately during times like this I feel like it's the it's the poor people that actually get fucked the most Because it's just going to become a bigger divide right like the wealthy people We spoke about this in one of the previous podcasts the only way to fix this right The only way to fix this is to have a severe recession Where out all the prices come back to normal or to print money and cause more inflation Right now. There's way too much pressure to print to not print money So they can't do that So they have no choice but to crash everything because you guys know no one wants to work No, I also work anymore So they need to kind of make everyone so broke that they have no choice but to work. Yeah 100% Yeah, and I mean it's just going to keep going, you know and again I I find that It's what sucks is over the last like 10 years so many people have had the opportunity to like learn a skill Like like trading or something to like protect themselves during these environments because Most people I know are nervous right and they're worried about what's going on But like I don't think any of us are like we get to like still like live a decent life But like we're just smart enough to not overextend right now And it's in the biggest thing bro. That's been the biggest thing that's helped me all my life is I spend way less than I make I live way under my means and that's why I feel comfortable Whereas a lot of people in America spend way over their means bro Yeah, guys people making 50k a year spend like they make 150k a year, you know I feel like let's say I make uh Let's say someone makes 150k a year. They should spend maybe 50k a year, you know Yeah, I mean that what's the science of it's like if you can if you can invest and save like 50% of what you make You know, I mean you could just set yourself up financially for the rest of your life Problem is now you make 50 you spend like you make 150 And now you're in debt and interest rates go up you owe more debt Yeah, it's it's tough But I mean like what do you guys recommend for people who I mean it's tough right because this is a really hard subject But like people who aren't making that much money What can you even do in times like this because your dollar is going way way less Like way it's not going as far as it used to and you don't have the money to like invest and stuff like that Is it literally just stockpile cash like you say and just I think stockpile cash keep as much money in the bank as you can uh You shouldn't invest money that you can't really Like accept to lose and if you're a little bit of a lower income type person I think all you got to do is save your money Maybe take no vacations this year and maybe one thing is get better take two that year but I think everyone has the ability to save I think people just want to flex on other people and that's why they can't save you know Yeah, exactly I mean, that's why I love bow to be honest. I love bow because you know for as much money as this guy has He's he's like a riches god kind of thing, but he just walks around and like Sandals and like a white t-shirt and like just like tj max shorts and like doesn't give a fuck You know, I mean, of course, yeah, he's got the toys. He's got the nice stuff But at the end of the day, he's just like whatever dude, what do you got to flex for? And It's also a personality like you have to be certain personality to be like that, you know, not everyone is like that Everyone can check in a fucking garbage bag I was in tears. I was like that's the most that's not the first time that's happened either, bro Dude, it's wild, but you know, I mean again, he's kind of he practices what he preaches to and like you said It's personality, but at the same time it's like, you know, someone like that's not can get over, you know As things go to shit, you know, and so I find myself very blessed to, you know Met you guys and learn from all of you guys because it's how else can you learn financial literacy except for people who understand it and Like kind of practice what they preach. So, you know, I agree, bro I agree and another thing that I wanted to kind of mention is like how you guys been doing in this market I feel like a lot of people are struggling which is normal I had a lot of people like reach out to me, you know Last couple of days I'm like, hey man, like I made a bunch of money last year And I'm not really able to get much footing this year You know, I'm struggling this year things have been a little bit tough this year Like do you have any advice for me? Now I was like, this has been the hardest year in the market and this has been the most meltdown like the last 20 years This has been the hardest market in the last decade, right or the last two decades and Just because you're struggling in this market doesn't mean that you're a horrible trader It doesn't mean that you're the worst trader ever It just means that the market conditions are so tough to make money in and you shouldn't take it personally So I feel like a lot of people that feel like they're struggling in this market I mean number one is go back to are you sticking to the process if you're sticking to the process and you're losing It's not your fault. It's just the market. We're in the market. We're in is very unforgiving It is a very very very difficult market and our job This year in 2022 the entire year is to stay alive It's not to make hundreds of thousands of dollars not to make millions of dollars not to fucking get rich Our job is to stay alive because 95 percent of people are not staying alive So if you're staying alive That means you're winning in this market. So don't think that I made half a million dollars last year Why am I only up 20k this year? 20k this year is better than 95 percent people because everyone's losing their ass And when things get better next year or maybe the year after and who knows maybe we'll make triple that quadruple that whatever it is So that's why I kind of wanted to lean on you guys because I know no one's really making a crazy money this year It's it's really tough to make money. You know, I'm still not really making as much money as I should I'm still doing solid But the point is that like I know a lot of people That haven't been trading eight and a half years like me are struggling and for those people watching this You know, don't think that you're an obsolete trader Don't think that you're the worst trader ever because you can't make money this year The reality is hedge funds institutions prop firms. No one is making money this no one So don't take it personally and just go back to the drawing board and tell yourself. Hey, I'm gonna size down I'm just trying to stay alive because staying alive in this market is a win. That is my that is my key I must stay alive. Yeah, dude. I think um You know, I'm gonna I'm gonna knock on wood here, but like I've been really lucky this year Like I've had it's been a really good year, but I've had tough months You know, like there's been months where like like honest to god all of august Was really hard for me. Like I didn't lose a lot of money I just wasn't getting traction. Like I wasn't I would have I basically like we break me even day in day out And I'm like, dude, what the fuck like at the end of the month. I'm like, but I pride myself on the fact that like and I've always kind of been like this is just that I didn't lose and like if I I've always felt like if I could keep that mentality like listen I feel like there's there's like this famous quote. It's like there's times to go There's times to trade and there's times to go fishing or whatever that whole quote is and it's like There's just times where it's like risk is kind of off and like, you know We haven't had that opportunity to like size up or even push size or like change anything and you know, as long as the environment Bro, that's it man. There's just there's no liquidity. It's just not there, right? And I've I've told myself kind of when the market started crashing to you need to manage your own expectations Um, you know yesterday actually again, I'm gonna fucking knock on what I don't like jinx anything Like I wired out a shit ton of money and I was like, you know what? I'm gonna pay myself and put myself in a position where I'm just comfortable sitting in in cash and and lower my account So that way I don't do anything dumb and you know, I just want to keep that going That's really it and you know, I feel blessed that mic in particular taught me Assault like a foundation and a real process to like, you know, not just continuously push like you see people on twitter You see people still trying to they made three million people on twitter brother. I'll go and broke Yeah, yeah, twitter is not missing anymore Yeah, and that's that's also good point james. The point is that you know, we We can't it's okay. So let's Traders are very emotional beings, right like humans are emotional and men in particular are very stubborn Okay, men have an ego Men don't like to be wrong, right? That's why some women have better than better traders than men I say it all Then women are trader better traders than men because they don't have an ego, right? so The thing is when you're making money For a year straight last year Everything is easy. It's so simple to make money And you're all of a sudden your lifestyle's getting better. You're able to get more steak dinners maybe you get a nice bottle of opus this time instead of the Bullshit ten dollar wine And then all of a sudden yeah, bro. I'm back to josh now You now can't make any money and that for a man that has an ego that doesn't like to be wrong fucks with your head So That is the hardest part about this year. There's a lot of people are like, what the hell is going on? I'm the man. I made so much money. I could make it again Then you oversize into bad setups to make up for it and then your loss is balloon even more, right? I think I started sizing down very early this year and it was a couple months I was just sizing out sizing out sizing out. I'm sure a lot of people were curious as to why I was doing that But like the market conditions changed so I had to change so As a trader that you know wants to do this long term and wants to do this for the next decade Or maybe even the next two decades You know, you have to realize that there's going to be months or there's even going to be a year Where you make no money For example, if I made, you know, $500,000 in 2021, but I make zero in 2022 Then you can think to yourself, you know what? I made a quarter million in 2021 I made a quarter million in 2022 and then maybe 2023 comes along. You're going to make 500,000 And then maybe in 2024 you're going to make another 500,000 in 2025. You're going to make zero You're going to tell yourself, okay now I made this and I made that so Trading is very odd because it's not like a linear job that we're taught. It's not that you show up in clock and you get your paycheck You know our paycheck might be a lump sum in 2021 and be nothing on 2022 So we have to start to adapt our brains to understand that concept. Yeah, and I think with me um I'm just I'm a greedy fuck like I'm literally so fucking greedy like that's because you're canadian That's been the biggest fucking problem for me Is that like Like literally like I made like this this week was like the thing is is that last week like I wasn't even showing up as much because like I was just like, you know what? There's no volume I'm not gonna show up and lose like I would literally write in the chat like there were a couple days I was like, you know, I'm just gonna take the day off and not put myself through that and I think for a lot of other long traders like A lot of people are pressing super super super hard Like when's the last time that you saw a good first bounce work? Like that's kind of the state of the market environment. The market environment isn't giving it. Yeah, exactly Like the first death line is what's given you and yeah, exactly. And so like Like for me like it was the day after we had that we had that big runner from like whatever Like and I hadn't seen that for so long where we broke out of the range And we really went to like nine and Alex was talking about like the broker liquidations I was like, all right Yeah, yeah, I'm like, all right, baby. We might be fucking coming back. We might be coming back So the next fucking day, what do I do? I get in this stock. I forget what I got in I got in it like 840 The shit goes to 10 bucks and I don't fucking sell And there is not a single fucking bounce on the way down and I end up selling it like what like And let me tell you something harry that same thing that you're doing on the longs is what people are Doing on shorts because they are trying to compensate for lack of income and that's that's That's a big thing. So I'm making these live trading videos now because like I think I'm from I realize that the education that we provide Is as good as it is. It's too boring for these people, right? People don't want to learn how to get rich It's just whatever it is what it is. So I think having these live trading videos and letting people see me trade live We'll teach them a lot about these things and one of the things that I Continuously say in these live trading videos is I'm taking my profits. I'm not setting a bullshit artificial price target in my head I'm not saying that an offering is coming and I'm going to hold all day. I'm not doing it I'm just taking my profits over and over again You'll be surprised how much it adds up, right? So I get it It's human greed all humans are greedy Harry every single human take greedy. It's not just you every single I'm greedy too. James greedy. Everyone's greedy. It's human emotion, right? Human emotion can't be taken away But what we could do to fight that is just take the money when it comes in our favor. We want to be able to Make that big profit because we haven't seen it in so long We need it and we feel like we are owed it the problem is that the market is very relentless and don't give a shit so The problem is everyone's holding for big picture plays because they haven't made enough money Everyone is sizing up because they haven't made money But back to the fact if you size down stay alive The plays will come back and you will make money, you know I think I think we get stuck in this mentality too of like Like if you're not making thousands and thousands of dollars a day to waste But the reality is dude, I mean if you make ten thousand dollars a day in America Attack, I mean of course you can spend it but like day-to-day life You don't need that much money to like have a fantastic amazing life Like if you're making five hundred dollars a day trading Dude, I hate to tell everybody but like you can have a solid life. I mean you can Is like 125 thousand dollars a year Yeah, which is more than most people make and then you have a normal a daytime job And like you're killing it, you know, so it's just the comparison game, bro We fucking compare ourselves to people like I see people comparing themselves to me I compare myself to hedge fund traders. They compare themselves to fucking Bobby Axelrod who compares himself to fucking Paul Tudor Jones. Like it doesn't end, right? It doesn't end The only thing that we could do is just kind of focus on ourselves because you don't know what type of Life the person that you're trying to emulate has outside of the market, right? So for example Trader, I know makes maybe 10 to 15 million dollars a year. Okay. It's a lot of money, bro. A lot of money, right? And everyone wants to make 10 to 50 million dollars a year But what this trader does is he eats sleeps and breathes trading every single day before the market opens He's got a detailed plan every single day when the market closes He writes a recap goes to trading psychologists is on vacation is trading is doing is trading is his entire life He breathes training for me. I can't do that. That's not who I am I need to be able to watch tv sometimes, right? I need to be able to leave the house sometimes I need to be able to not make trading my life and because of that I could never have that those type of Gains so you have to realize what type of trader do you want to be do you want to be a trader that has more Freedom in their life Do you want to be a trader that makes a little bit less and is happier Or do I make a trade or do I be a trader that makes so much money that it doesn't matter But you have to sacrifice your entire life for you know I feel like I feel like as I've gotten older and like Alex you've definitely helped me like kind of learn this too because I remember we used to get on the phone And I'd talk about how I was like so pissed like this wasn't making enough money that I wanted blah blah blah You know as years ago, but now it's kind of like I don't know. I kind of feel like I'd rather The peace of mind Rather than the stress that just the overall stress and like that's only I've noticed with you And you've you've changed so much is like when we first met is like you were always stressed, bro Like you're always like, you know that you're ready to blow up, you know, like your mind You're just stressed and now it's like you're like, you know what you actually enjoy it And you know, I remember the last couple months. I'm like damn Alex like doesn't trade as like he just doesn't come in the market the same way But it's like because it's just not there you're you've changed It's not there bro and less is more less is more. I don't want to Stick to the screens all day. I don't want to Get myself into trouble. I don't want to because I got enough problems in my personal life But I don't need the trading world to give me more problems, you know Agreed Yeah, so Yeah, go for it Harry. No, I was just gonna say I think for me like I had nailed like this summer was like I I did great this summer and I did I did really really really good in that in the spring And in january But like this like time period for me is like there's no range for me to really work with There's not as many hot stocks for me to really work with the ones that do kind of pop pre-market Like you you pretty much know that they're going to fade like what one out of every 90 actually ends up running So it's like for me like you just really have to kind of wait for that range to be established And see if the stock can start to kind of come back And then when it comes back on that kind of second push We just kind of pop up stuff and then that's it, you know So for me it was kind of hard to adapt where I had had such big gains like from $8 to $12 or from fucking You know, like if I was going through my own recaps like the other day And you know, I was like wow like the range I had to work with like I was so blessed and I didn't even realize Where now it's like we're not getting that much volume if you want a long an afternoon That's pretty much a fucking death wish, you know, and so I just think like When I finally was up from like $8 like literally eight eight dollars into fucking 10 And I'm like, oh this one's gonna be the one that lights up and fucking Hulls up at the open and then we just go down and we're fucking bouncing And after that, I was just like shit like what the fuck am I doing? You know, I think that was the biggest wake-up call for me where I was like man Like it's not the same anymore. Like you just got to take the gains. You just got to run Times of change, bro. We have to adapt to it. But yesterday on like sn like t whatever that stock was Fucking a buck 80 and I was like, maybe this can break over two. Maybe this can break over two Maybe this can fucking break over two and it's like it tries so hard to go hard to go higher But we just fucking can't so I ended up just selling for like a 20 cent gain. It's like, yeah, holy That's the mark of room, bro. Yeah, I think I think like obviously as we're you know, kind of coming up on The end of the episode it's just like it's just lessons to learn and like if you're a trader right now Like alex said, you can't really beat yourself up. You have to really just take what the market gives you and Sometimes it's okay to just not trade to be honest focus on education right now I think now while it's slow is like the best time you can like watch the videos we provide Watch all the education and like get yourself ready because when the time changes Then it's all guns blazing but right now it's just kind of stockpiling ammo We're just kind of chilling just waiting taking what the market gives day in day out a small paycheck and then You know, it will change and when we when it does well, I'll be ready. So I think that that's definitely it. So yep So if you guys like the video, just let us know what topics you want to talk about Leave a comment and let us know if you guys want to talk about cars next week if you guys want us to talk about A personal life next week if you guys want to talk about trading next week, whatever It may be just let us know so that you know, we could kind of tailor the conversations based on what you guys want to see Right because we may think that this inflation stuff is interesting, but maybe you guys like fucking inflation I've heard enough of it So just let us know guys leave a comment and just tell us what you guys want to see more What you guys want to see less of and you know, we'll try to come back and make it better Yeah, 100% awesome guys. Thank you. Yeah, we'll see you guys