Speaker 1: An illegal alien from Guatemala charged with raping a child
Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador
Speaker 1: accused of murdering a Texas man of Venezuelan charged with
Speaker 1: filming and selling child pornography in Michigan. These are just
Speaker 1: some of the heinous migrant criminals caught because of President
Speaker 1: Donald J. Trump's leadership. I'm Christy nom the United States
Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border
Speaker 1: crossings are at the lowest levels ever recorded, and over
Speaker 1: one hundred thousand illegal aliens have been arrested. If you
Speaker 1: are here illegally, your next you will be fined nearly
Speaker 1: one thousand dollars a day, imprisoned, and deported. You will
Speaker 1: never return. But if you register using our CBP home
Speaker 1: app and leave now, you could be allowed to return legally.
Speaker 1: Do what's right. Leave now. Under President Trump, America's laws,
Speaker 1: border and families will be protected.
Speaker 2: Sponsored by the United States Department of Homeland Security.
Speaker 3: So let's talk about some trading, shall we. So are
Speaker 3: you using the same trading strategies now that you currently
Speaker 3: have been using or have you adjusted your trading strategy
Speaker 3: due to the market.
Speaker 2: Yeah, great question.
Speaker 4: I was talking to stock Club about Saturday, and I
Speaker 4: made an adjustment, so, like I may widen my stop
Speaker 4: because now because of stop hunting, brokerages having issues and
Speaker 4: the market being.
Speaker 2: A little bit faster.
Speaker 4: I've talked about it before, but like, if you're short
Speaker 4: in the market on a daily session, I will put
Speaker 4: my stop at the top of the market, and if
Speaker 4: I'm going long, I'll put it at the bottom and
Speaker 4: I'll give it a little bit monin. So if I'm
Speaker 4: going for five hundred ticks on NASDAC, I may wait
Speaker 4: till one hundred, one hundred and fifty ticks to lock
Speaker 4: in profit. As before I may have locked in forty.
Speaker 4: And because like the market is moving so fast now
Speaker 4: or you getped out of moves, at some point you
Speaker 4: have to adjust. It's like the speed of trading has
Speaker 4: changed over the last couple of months and no one
Speaker 4: is really saying it, but the impact of my forts
Speaker 4: Funds going under his hat has been dramatic in the
Speaker 4: forests and futures market like that. It changed liquidity and
Speaker 4: a lot of other prop firms on watch to if
Speaker 4: they're doing business above board, and it changed the volumes
Speaker 4: and how everything was being traded. So that's the main
Speaker 4: adjustment that I've made, is like I'll why did I
Speaker 4: stop a little bit? And then I'll delay how quickly
Speaker 4: I'll lock in profit?
Speaker 3: Okay, and uh, what are the biggest mistakes you see
Speaker 3: traders making today?
Speaker 4: It's the most boring lesson but most impactful. And uh,
Speaker 4: I think it was representative last night, like how I
Speaker 4: played at the table, like you know how many trades
Speaker 4: you're going to take for the week? Like, so my
Speaker 4: plan when we went in and played tray you vibe yesterday,
Speaker 4: Shotty was like listen, Sharlie talks a lot about defense.
Speaker 2: He showed the last night.
Speaker 4: It was like, hey, you gonna play Nope, going back.
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Speaker 1: An illegal alien from Guatemala charged with raping a child
Speaker 1: in mass Chusetts. An MS thirteen gang member from Al
Speaker 1: Salvador accused of murdering a Texas man of Venezuelan charged
Speaker 1: with filming and selling child pornography in Michigan. These are
Speaker 1: just some of the heinous migrant criminals caught because of
Speaker 1: President Donald J. Trump's leadership. I'm Christy Noman, the United
Speaker 1: States Secretary of Homeland Security. Under President Trump, attempted illegal
Speaker 1: border crossings are at the lowest levels ever recorded, and
Speaker 1: over one hundred thousand illegal aliens.
Speaker 2: Have been arrested.
Speaker 1: If you are here illegally, your next you will be
Speaker 1: fined nearly one thousand dollars a day, imprisoned, and deported.
Speaker 1: You will never return. But if you register using our
Speaker 1: CBP home app and leave now, you could be allowed
Speaker 1: to return legally. Do what's right. Leave now. Under President Trump,
Speaker 1: America's laws, border and families will be protected.
Speaker 2: Sponsored by the United States Department of Homeland Security to
Speaker 2: the room.
Speaker 4: Some will walk around, see you later. Not a dollar
Speaker 4: was dispersed on a table. Kudos to him, the intelligent investor. Right,
Speaker 4: But for me, if you have read a book call
Speaker 4: a Man for All Marcus by Edward Thorpe, he's the
Speaker 4: guy that broke Vegas and then broke investing. For me, like,
Speaker 4: if I played and once I win three hands, I'm
Speaker 4: usually done. I got to a max of five yesterday
Speaker 4: and I was done about tell himout. You got there, you.
Speaker 2: Know, but it got a better red red pandemic president.
Speaker 2: It better.
Speaker 4: No, but listen, six percent of the tables. So I'm
Speaker 4: going with probability. I had one hand, why counter I lost?
Speaker 4: Once I won my fifth hand, I was good. I
Speaker 4: see too many traders still taking too many trades. Like
Speaker 4: if you're at ten to fifteen trades in a week,
Speaker 4: you are headed down a one way.
Speaker 2: Road to him.
Speaker 4: You cannot overtrade your way into financial freedom. I've never
Speaker 4: seen it happen. And I know everyone wants to say, well,
Speaker 4: the quants are trading thousands of times per second. They're
Speaker 4: not even doing that anymore. That was in two thousand
Speaker 4: and eight, nineteen eleven twelve. They've adjusted their strategy so
Speaker 4: like knowing how many trades you can take and put
Speaker 4: probability in your favor.
Speaker 2: Is what is actually going to give you freedom.
Speaker 4: And I'll ask you this, if you've overtraded in this
Speaker 4: past year, have you made more money or less? Like
Speaker 4: we have to stop having conversations about semantics and well,
Speaker 4: this is my strategy.
Speaker 2: Are you doing better or less?
Speaker 4: Are you producing alpha or no? Like, if you're not,
Speaker 4: you'll make way more money taken in less trades.
Speaker 2: That's the number one.
Speaker 4: Out of everyone that I ever talked to that has
Speaker 4: done really well, they know within the range of maybe
Speaker 4: five or six trades how many they're gonna do per year,
Speaker 4: and they sick to it. And everyone that has done
Speaker 4: really poorly, they've all overtraded. It's nowhere around it.
Speaker 3: Yeah, yep.
Speaker 4: Is there any NBA player that took like twenty nine
Speaker 4: threes in the game and it was like, should he
Speaker 4: scored seventy five points?
Speaker 2: No?
Speaker 4: You have to know what's in your range.
Speaker 1: An illegal alien from Guatemala charged with raping a child
Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador
Speaker 1: accused of murdering a Texas man of Venezuelan charged with
Speaker 1: filming and selling child pornography in Michigan. These are just
Speaker 1: some of the heinous migrant criminals caught because of President
Speaker 1: Donald J. Trump's leadership. I'm Christy nom the United States
Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border
Speaker 1: crossings are at the lowest levels ever recorded, and over
Speaker 1: one hundred thousand illegal aliens have been arrested. If you
Speaker 1: are here illegally, your next you will be fine nearly
Speaker 1: one thousand dollars a day, imprisoned, and deported. You will
Speaker 1: never return. But if you register using our CBP home
Speaker 1: app and leave now, you could be allowed to return legally.
Speaker 1: Do what's right. Leave now. Under President Trump, America's laws,
Speaker 1: border and families will be protected.
Speaker 2: Sponsored by the United States Department of Homes Koti