Speaker 1: You just realized your business needed to hire someone yesterday.
Speaker 1: How can you find amazing candidates fast? Easy? Just use Indeed.
Speaker 1: Stop struggling to get your job posts seen on other
Speaker 1: job sites. With Indeed sponsored jobs, your post jumps to
Speaker 1: the top of the page for your relevant candidates, so
Speaker 1: you can reach the people you want faster. According to
Speaker 1: Indeed data, sponsored jobs posted directly on Indeed have forty
Speaker 1: five percent more applications than non sponsored jobs. Don't wait
Speaker 1: any longer. Speed up your hiring right now with Indeed,
Speaker 1: and listeners of this show will get a seventy five
Speaker 1: dollars sponsored job credit to get your jobs more visibility
Speaker 1: at indeed dot com slash pod Katz thirteen. Just go
Speaker 1: to Indeed dot com slash pod Katz thirteen right now
Speaker 1: and support our show by saying you heard about Indeed
Speaker 1: on this podcast. Terms and conditions apply. Hiring Indeed is
Speaker 1: all you need.
Speaker 2: We got a special one for ya tonight, y'all, special,
Speaker 2: real special.
Speaker 3: Yeah.
Speaker 4: So this is one of the ones, man, This is
Speaker 4: one of those ones that everybody has been asking for
Speaker 4: for a long time, and what better time to do
Speaker 4: it than now? So this is this is gonna be
Speaker 4: you know, a very educational, informational session.
Speaker 5: What's going on? Brother?
Speaker 3: So, my guy, how you brocuse everything with Troy?
Speaker 2: What up? Brother, my guy? What's going on with you?
Speaker 3: Brother?
Speaker 2: You see that set up? That mean something legendary about
Speaker 2: to happen. Yes, don't be confused. Legendary movements about to happen. Y'all.
Speaker 5: Welcome to the Welcome to the big show.
Speaker 3: Thank you, my brother, thank you.
Speaker 5: Draft ed and.
Speaker 2: With the number one E selects they call him mister
Speaker 2: smooth out there. You know, see that being served down
Speaker 2: to the heights. Dykeman, What up? Man?
Speaker 4: Yeah, let me intro Chris. So if you don't know Chris.
Speaker 4: Chris has been teaching for us for months now at
Speaker 4: Eyo University. I think it actually teaches two classes a
Speaker 4: week and just breaks down stocks like one of the
Speaker 4: best to actually on the educational side to actually explain
Speaker 4: it from a technical standpoint, from charts, but also just
Speaker 4: from a you know, a baseline level, explaining you know stocks,
Speaker 4: how it works, how to get in, you know, how
Speaker 4: to open a brokerage account, you know all this stuff
Speaker 4: like you know, and that's one of the things with
Speaker 4: ey University that we try to do because I know,
Speaker 4: sometimes when we when we just talk and you might
Speaker 4: just hear it in on market Mondays or just on
Speaker 4: you on Instagram, it's kind of tough. It's kind of
Speaker 4: tough to just you know, move at the beginning level
Speaker 4: if you're just starting out. If we have an advanced conversation,
Speaker 4: So we always try to bring it back to the
Speaker 4: you know, a understanding so everybody can understand it from
Speaker 4: beginning to advance.
Speaker 5: And it's on going education that we do every single week.
Speaker 4: So yeah, Chris is one of one of our favorite
Speaker 4: teachers professors that we have at Eyo University. So being that,
Speaker 4: you know, he was thinking about a topic to talk about,
Speaker 4: and I'm like, oh, this is perfect topic because everybody
Speaker 4: kept keeps asking about puts, how to short stock. Obviously
Speaker 4: the stock market is going down right now, so you know,
Speaker 4: most people are under the common misconception that you only
Speaker 4: make money when stocks go up, but that's not necessarily true.
Speaker 4: You can make money from stocks actually going down. Well,
Speaker 4: and that's what we're going to talk about today, like
Speaker 4: how you know the whole thing, like what it actually means,
Speaker 4: what a putt is, you know, how to short the stock,
Speaker 4: things of that nature. So of course, like anything, you know,
Speaker 4: there's risk involved, so you know, do your research, be careful.
Speaker 4: It's not to tell you like this is what to do,
Speaker 4: like you should do this play right now tomorrow, but
Speaker 4: it's to provide you information that will equip you moving
Speaker 4: forward if you want to be a trader.
Speaker 2: I think that's that's one of the best things about Chris,
Speaker 2: so like not only do we talk about the things,
Speaker 2: but he actually shows you why you're looking at he's
Speaker 2: looking at it, and why you should be looking at
Speaker 2: it in a very very detailed way. So I've been
Speaker 2: sneaking in the classes, Chris, I know, I'm just sneaking
Speaker 2: in those classes. So yeah, and assessing what we're learning
Speaker 2: is important too, right, And that's one of the things
Speaker 2: that he does as well. I think it's rightly important
Speaker 2: to say like, yeah, we're airing, Yeah we kind of
Speaker 2: understand it, but how do you know if you understand it?
Speaker 2: And so like having that assessment piece is dope too,
Speaker 2: So kudos to you, my brother.
Speaker 4: And it's also important to it's not necessarily like that
Speaker 4: this is the time where you have to short, but
Speaker 4: you should know how to short because there's always an
Speaker 4: opportunity to short stocks, and even if you don't use
Speaker 4: it should it should be part of your It's like,
Speaker 4: you know, it's like a carpenter. You have to have
Speaker 4: different tools in the toolbox. So you just can't have
Speaker 4: a hammer, that's it. Like you might have a school drive,
Speaker 4: you have a hammer, you have a wrench. So now
Speaker 4: when the time comes for you to use that tool,
Speaker 4: then you'll actually be prepared. So this is something that
Speaker 4: you can use now if you want, but it's not
Speaker 4: a situation where it's like you have to use it
Speaker 4: right now because the market is going down. It's just
Speaker 4: something that is extremely beneficial for you to learn. So
Speaker 4: you know, you could use it now if you want,
Speaker 4: or when the time comes, if you have a stock
Speaker 4: that you feel is the right stock to actually put
Speaker 4: a put on or the short then you'll be ready.
Speaker 4: So yeah, that's what that's what this is about. So
Speaker 4: I'll just give a quick overview once again. Welcome to
Speaker 4: everybody on YouTube that's joining us. We do this once
Speaker 4: a month, the last Wednesday of the month at eight
Speaker 4: o'clock Eastern Standard time. What we call open Enrollment is
Speaker 4: kind of an open window to eyl University and it
Speaker 4: just kind of gives you a preview, a sneak peak
Speaker 4: of what we actually do every single week. And as
Speaker 4: I said, Chris is somebody that actually teaches multiple classes
Speaker 4: for US weekly, So you know this is this is
Speaker 4: a good indicator of what's.
Speaker 5: Going on inside the e y University.
Speaker 4: So I'll talk more about Eyo University later on, but
Speaker 4: without further ado, I'll hand it off to Chris and
Speaker 4: let him let him, let him get in his bag.
Speaker 3: Definitely, definitely. First of all, thanks again trying to shot
Speaker 3: for the great opportunity to talk about such a vital
Speaker 3: topic today, and that is how do you actually make
Speaker 3: money in a bear market, in a correction market? How
Speaker 3: do you actually make money and become profitable? So today's
Speaker 3: all about knowing how to get into puts, how to short,
Speaker 3: but most importantly knowing the technicals behind it to actually
Speaker 3: have the confirmation to make money. So with that being said,
Speaker 3: for those that do not know me, I'm Christopher Munios.
Speaker 3: I'm a cybersecurity product manager at Microsoft. That's my main
Speaker 3: you know career or you know job that I currently have.
Speaker 3: I'm a big, big advocate for STEM careers. I'm mostly
Speaker 3: the foundering CEO of Level of Academy is an educational platform.
Speaker 3: The founder CEO of Level of Apago, foundering CEO of
Speaker 3: Level of Financial, which is a creditor payer, and also
Speaker 3: bus is funding company, and most of the CEO of
Speaker 3: MVR Luxury Rental. So if you're ever in Miami and
Speaker 3: you want to get a nice car, a nice crib boat,
Speaker 3: everything like that, we definitely have that. So definitely feel
Speaker 3: free to tape in when it comes to that. Something
Speaker 3: critical that Rashad mentioned was that you have to be flexible.
Speaker 3: Right Oftentimes as an investor, as a trader, you probably
Speaker 3: have just one go to strategy. And the best thing
Speaker 3: when it comes to being a good investor or a
Speaker 3: good trader, is that you have to be an athlete.
Speaker 3: You got to be adaptive, you got to be flexible
Speaker 3: to all changing markets, and you got to have different
Speaker 3: tool kits when it comes to your bag to really profit,
Speaker 3: and right now is a very very tough time, you know,
Speaker 3: to profit. However, I'm definitely going to you know, dissect
Speaker 3: technical analysis today and give you the direct tools that
Speaker 3: you need to be able to make money. Right There's
Speaker 3: one word that I definitely want you to write down
Speaker 3: today and that is stackflation. Stackflation is where we're at
Speaker 3: right now. Although the headlines on CNN and these different
Speaker 3: use press they say that we're about to enter that market,
Speaker 3: we're already there. So for those that do not know
Speaker 3: what stackflation is, tackflation is where we are at a
Speaker 3: point where there's no economic growth, is very stagnant. So
Speaker 3: consider a chart. When a chart is not trending either
Speaker 3: up or down, is going to trade sideways. That's the
Speaker 3: current economy that we're in right now. So there's definitely
Speaker 3: a big difference between stackflation and also a recession. So
Speaker 3: to give you a better picture of what it is,
Speaker 3: it is definitely a period of stagnant economic growth. Right,
Speaker 3: there's not much going on, but there's definitely high inflation.
Speaker 3: Inflation is at eight point two percent right now, right,
Speaker 3: and of course there's also high unemployment as well. Right.
Speaker 3: That is the key right now when it comes to
Speaker 3: this current market, and you have to understand that right now,
Speaker 3: you're probably not going to have a lot of trend
Speaker 3: or a lot of movement in the market. But it
Speaker 3: is very critical us for us to understand that we're
Speaker 3: already in that's tackflation market at the moment. Something else
Speaker 3: when it comes to stackflation, is that this is definitely
Speaker 3: a good opportunity to buy, is a good opportunity to
Speaker 3: dollar cost average. It's also a good opportunity to do
Speaker 3: more research when it comes to the stocks than you
Speaker 3: actually own. So I've been actually traveling the last couple
Speaker 3: of months and one of the questions that I do ask,
Speaker 3: and I am monitoring the chat here on YouTube, is
Speaker 3: that if you don't know the CEO of the company
Speaker 3: that you're investing in, are you really investing? Right? I've
Speaker 3: been to Atlanta, I've been to Miami, I'm about to
Speaker 3: go to the Bay Area, And every single time I
Speaker 3: do ask this question, do you know who the CEO
Speaker 3: of Nvidia is? Do you know who the CEO of
Speaker 3: a Microsoft is? If you don't know who the CEO is,
Speaker 3: what's the vision behind a company? What's their competitive advantage?
Speaker 3: And are you really investing or are you actually gambling
Speaker 3: your money and praying to God that you're actually going
Speaker 3: to make a profit. This is the mindset shift that
Speaker 3: I want every single person part of this life today
Speaker 3: to really change. And again, during this time of stackflation,
Speaker 3: is very very critical for you to allocate your funds
Speaker 3: and companies that are going to be here five to
Speaker 3: ten years from now. So again, stackflation, it is definitely
Speaker 3: caused by a slow or stagnant economic growth. Inflation it
Speaker 3: is definitely increasing. I think all of us definitely feel it.
Speaker 3: And of course the unemployment is also increasing at this time.
Speaker 3: Just to add on to that, a bear market always
Speaker 3: comes to an end. And I'm always going to say this,
Speaker 3: and there's actually gonna be a lot of things that
Speaker 3: I'm going to cover throughout today that will hopefully give
Speaker 3: you more of a context and confirmation so that you're
Speaker 3: able to trade at ease and invest at ease. Bear
Speaker 3: markets always come to an end. And it's crazy, you
Speaker 3: know why? Because always the bad days are always easier
Speaker 3: to remember when it comes to anything, when it comes
Speaker 3: to life, when it comes to the stock market, when
Speaker 3: it comes to the futures market, when it comes to crypto,
Speaker 3: the bad day are always easier to remember. How come
Speaker 3: we never talk about the good days? How come we
Speaker 3: never talk about when Teslon was hit. It's hit, it
Speaker 3: hits sixteen hundred. Why weren't we happy and yelling at
Speaker 3: that time. Now when we actually have the opportunity to
Speaker 3: buy more and actually load the boat. Now, we're panicking
Speaker 3: and we're actually selling. So what is a beer market?
Speaker 3: Just to give some educational context here, a correction is
Speaker 3: a decline of ten percent, right, a correction decline of
Speaker 3: ten percent from the high of any security. This is
Speaker 3: more than normal and it is also very very healthy
Speaker 3: for those that are part of EYL, that are part
Speaker 3: of Level UP. I've seen the chat here we talk
Speaker 3: about market structure. After a high or high is going
Speaker 3: to have to make a rest. After you go to
Speaker 3: the gym and you do a set of squads or debtlifts,
Speaker 3: whatever it is, you're definitely going to take a rest.
Speaker 3: When you do a sprint, you're also going to take
Speaker 3: a rest. So it's very very healthy for a stock
Speaker 3: or any security to take a rest. So what is
Speaker 3: a beer market. A beer market is a decline of
Speaker 3: two twenty percent, right, So at its high, if we
Speaker 3: pull back more than twenty percent, we are indeed at
Speaker 3: a beer market. And we actually just introduced a beer
Speaker 3: market last week. So one thing about the beer market
Speaker 3: that I also want to talk about is that at
Speaker 3: this time, this is the generational buying opportunity. When the
Speaker 3: pandemic happened in the year of twenty twenty. COVID nineteen
Speaker 3: came through lots of people felt it. People needed to
Speaker 3: find a way to generate another stream of income. People
Speaker 3: were at home and they wanted to understand, how can
Speaker 3: it actually make my money grow? Where beer markets was
Speaker 3: the time to buy twenty twenty March twenty twenty, That
Speaker 3: was definitely the time to load the boat to be
Speaker 3: able to realize, you know, some good gains after we
Speaker 3: actually recovered. So it's very very critical for us to
Speaker 3: talk about that today and talk about how this is
Speaker 3: definitely the time where you want to go ahead and
Speaker 3: you want a dollar cost tiverage and you actually want
Speaker 3: to buy Nvidio, you want to buy Microsoft, you want
Speaker 3: to buy Apple, you want to buy your each like
Speaker 3: Vu and Vti. Why not the high of en video
Speaker 3: for this years, I think it's three forty six, you know,
Speaker 3: after earnings the things at one fifty seven. If if
Speaker 3: I'm not mistaken, it is definitely at a discount. So
Speaker 3: why not buy more? Generational buying opportunities don't come often.
Speaker 3: This is the second chance that we get in the
Speaker 3: last two years. I love stats, I love numbers, So
Speaker 3: for that reason, I'm going to bring up this chart
Speaker 3: here just so that we can decipher what we're talking about. Here,
Speaker 3: give me one second. Here we go so bear market,
Speaker 3: bull market. Here we have our bear market and red.
Speaker 3: Here we have our bull market in blue. The average
Speaker 3: duration of a bull market is two thousand and sixty
Speaker 3: nine days. Now, let's go ahead, and let's go ahead
Speaker 3: and compare that to a bear market of four hundred
Speaker 3: and forty six days. There's a big difference here. The
Speaker 3: average return of a bull market is two hundred and
Speaker 3: nine percent, whereas a bull market is negative thirty eight percent. Now,
Speaker 3: I want you to take look at the time span
Speaker 3: that I'm showing here from nineteen sixty six all the
Speaker 3: way to twenty and twenty two, nineteen sixty six all
Speaker 3: the way to to twenty two. Just look at the
Speaker 3: amount of bear markets, and then look at the gains
Speaker 3: every single time that we recovered nineteen eighty six. Look
Speaker 3: at the game twenty ten, Look at the game twenty twenty,
Speaker 3: Look at the game. So why are we scared now?
Speaker 3: If we're getting a second opportunity in the last two years,
Speaker 3: that if you missed a twenty twenty beer market, if
Speaker 3: you miss what happened in the pandemic maybe you were not.
Speaker 3: Maybe you were not investing at the time. Now this
Speaker 3: is your check, you know, your second chance to actually
Speaker 3: go ahead and get your portfolio up and going. I
Speaker 3: want you to keep in mind that this is indeed
Speaker 3: a sale. We are definitely at a sale. We intered
Speaker 3: a bear market. Something else about a bear market. Whenever
Speaker 3: we entered a bear market, we actually go down twelve
Speaker 3: percent and additional twelve percent, So we're definitely gonna keep
Speaker 3: going down. But if your favorite thought, like Nvidia is
Speaker 3: at a day, is at a discount of sixty fifty percent,
Speaker 3: why not buy it? So definitely keep this into account.
Speaker 3: Bull markets. There, we actually have more of a trending
Speaker 3: bull market than what we do when it comes to
Speaker 3: a beer market. Second, there we go. Another cool tool
Speaker 3: that I definitely recommend everybody to look at is the
Speaker 3: Fear and Greed Index. So the Fear Greed Index. You're
Speaker 3: definitely gonna find this on your finbas, You're going to
Speaker 3: find this on CNN, on Yahoo finance. And this right
Speaker 3: here is a very cool technical tool that allows you
Speaker 3: to understand what are the emotions that are driving the market. Right,
Speaker 3: What are the emotions that are actually driving the market
Speaker 3: do we have extreme fear or do we have extreme greed?
Speaker 3: For those in the chat, do we buy when we
Speaker 3: are in fear or do we buy when we are
Speaker 3: in greed. Let's go ahead and give it a couple
Speaker 3: of seconds here so that we can let the chat
Speaker 3: tap in. And the reason why I talk about this
Speaker 3: is because when we have extreme fear, that's when we
Speaker 3: want to go ahead and buy more. We want to
Speaker 3: load the boat. When the stock market is definitely pulling back,
Speaker 3: you do not want to go ahead and sell your stocks.
Speaker 3: And right now I have people hitting me up, Hey Chris,
Speaker 3: should I go ahead and sell them?
Speaker 2: Oh?
Speaker 3: You know in my entire portfolio and just realize this,
Speaker 3: you know, realize the loss. The mindset should be. You
Speaker 3: know what, the stock that I love maybe is square,
Speaker 3: maybe it's in Video, maybe it's Microsoft. The stock that
Speaker 3: I love is at a ridiculous discount. Why don't I
Speaker 3: Why don't I go ahead and buy more and have
Speaker 3: a heavier position. Now I'm going to put it more
Speaker 3: into a perspective when it comes to my community. Why
Speaker 3: every time that Gucci sneakers are down or have a
Speaker 3: discount of thirty percent, the lines are packed right outside
Speaker 3: when there's a Black Friday sale for Louis Baton, the
Speaker 3: lines are packed right outside. Why don't we actually have
Speaker 3: that exact same mindset for stocks that can really that
Speaker 3: can help us, you know, realize generational wealth and that
Speaker 3: we can actually pass down to our kids and hopefully
Speaker 3: generations down the road. Why do we have that exact
Speaker 3: same so you know, that exact same approach, And that's
Speaker 3: what I'm talking about here, extreme fear. We load the boat.
Speaker 3: This is totally fine. I want every single person to
Speaker 3: be at ease because this just presents opportunities to buy
Speaker 3: more and be able to have a larger position when
Speaker 3: it comes to those stocks that you actually love. And
Speaker 3: I you know, I see that we have two hands up.
Speaker 3: I'll go ahead and take those two questions.
Speaker 2: Yeah, we're gonna wait. We're gonna wait to after Chris.
Speaker 3: All right, all right, I got you. So here's the question,
Speaker 3: do you want more sauce? You know, we talked about
Speaker 3: the current market. The current condition we're definitely at a
Speaker 3: at a stackflation phase at the moment is very very
Speaker 3: different than what it is of a recession. It's all
Speaker 3: about that, you know, mindset shift. Let's let's talk about
Speaker 3: some bear market statistics, cause again we're definitely gonna hone
Speaker 3: in on that this definitely presents another buying opportunity. It
Speaker 3: presents a second chance. Right over a dozen of corrections
Speaker 3: have taken place since the year two thousand. This, Sha'll
Speaker 3: let you know what, It is totally okay that if
Speaker 3: we have a correction, is very very healthy for that stock.
Speaker 3: Double digit corrections occur on average every one point eight
Speaker 3: five years, subheading them. So it is totally okay that
Speaker 3: if we had a very great twenty twenty one, it's
Speaker 3: totally okay for you for us to have a small
Speaker 3: pullback or enter a beer market. Here in twenty twenty two,
Speaker 3: stocks lose thirty six percent on average in a bear market.
Speaker 3: By contrast, stocks gained one hundred and fourteen percent on
Speaker 3: average during a bull market. Just just think about that
Speaker 3: for a second. I mean, let us sink in for
Speaker 3: a second, thirty six percent to a gain of one
Speaker 3: hundred and fourteen percent. These are the numbers that I
Speaker 3: want you to think about every single day. So let's
Speaker 3: assume that you're gonna invest for fifty year, forty years,
Speaker 3: thirty years. You're trying to realize generational wealth like I
Speaker 3: am myself. Assuming a fifty year investment horizon, you can
Speaker 3: expect to live through about fourteen bear markets, give or take.
Speaker 3: It is totally okay to go through a bear market.
Speaker 3: Why because a bear market percent another opportunity for you
Speaker 3: to buy. Of the last ninety two years of market history,
Speaker 3: bear markets have comprised only about twenty point six of
Speaker 3: those years. Put another way, stocks have been on the
Speaker 3: rise for seventy eight percent of the time. If you
Speaker 3: ask me, seventy eight percent is not a bad number. Actually,
Speaker 3: it's a very lucrative number and definitely percent a lot
Speaker 3: of opportunities for you to buy, reinvest, reinterer, and definitely
Speaker 3: look at other stocks. Now, here's the big question that
Speaker 3: I have for every single person out you know in
Speaker 3: this part of this audience, part of this live is
Speaker 3: your portfolio recession proof? And this is what I really
Speaker 3: want to hone in on. I want every single person
Speaker 3: to really think about your portfolio and the stocks that
Speaker 3: you believe in every single day. Again, I talked about
Speaker 3: how in Miami, Atlanta, when I asked who's the CEO
Speaker 3: of a MD it was crickets in the room. It
Speaker 3: was definitely crickets. You need to understand a couple of
Speaker 3: different things. Who's the CEO. If you do not know
Speaker 3: who the CEO is, honestly, you should not be investing
Speaker 3: in that company. Here's why. When you invest into the
Speaker 3: stock market, which is a proven way for you, you know,
Speaker 3: for you to realize wealth, you're basically hiring the best
Speaker 3: CEOs across the world to make your money grow. If
Speaker 3: you do not know the vision of the company. If
Speaker 3: you do not know that Microsoft's one of the you know,
Speaker 3: one of Microsoft's biggest revenue is actually cloud computing, which
Speaker 3: is Azure. If you do not know what that is,
Speaker 3: are you really investing or are you actually gambling? If
Speaker 3: you do not know the competitive advantage that in Nvidia has,
Speaker 3: then are you really investing? If you don't know the
Speaker 3: product line or the services that they actually provide and
Speaker 3: the different ways that they can actually bring in revenue
Speaker 3: back into the company, are you really investing into the market?
Speaker 3: Are you really invested into that company? Me myself, I'm
Speaker 3: heavily invested into Microsoft and Video and I go Vuo
Speaker 3: and VTI. Definitely invested into my ETFs and I dollar
Speaker 3: cost average every single week. I do not care what
Speaker 3: the price is. Why, because my vision is long term.
Speaker 3: And here's where it really comes down to. It comes
Speaker 3: down to step number one, what is your goal? Is
Speaker 3: your goal? Is your goal short term or do you
Speaker 3: have long term goals? Depending on your goals, it really
Speaker 3: defines the strategy that you're going to have when it
Speaker 3: comes to the stock market.
Speaker 2: Right.
Speaker 3: So knowing the CEO, knowing the vision of the company,
Speaker 3: knowing whether or not that company has an unbreakable competitive advantage,
Speaker 3: and also knowing the product line and services is going
Speaker 3: to be monumental in paramount to the success of your portfolio.
Speaker 3: So there's folks that oftentimes to have a portfolio of
Speaker 3: stocks that I don't even know what they do right,
Speaker 3: or they don't even know what they do right. So
Speaker 3: knowing this will definitely help you out. And if you
Speaker 3: and if you do not know the answers to these
Speaker 3: different questions, I highly recommend you to take some time
Speaker 3: out of the week and get these answers because this
Speaker 3: will definitely let you know whether or not you actually
Speaker 3: have a recession prof portfolio. Dollar cost savaging. Right, So
Speaker 3: we talked about a couple of different ways that you're
Speaker 3: able to hedge that you're able to, you know, stay
Speaker 3: alive when it comes to this very market. Aside from
Speaker 3: buying our shares, you want a dollar cost savage. So myself,
Speaker 3: when it comes to Microsoft, I have around six hundred
Speaker 3: shares of Microsoft's right I'm buying every single week. Especially
Speaker 3: now that Microsoft is at two sixty two fifties, I
Speaker 3: definitely want to buy that time, knowing that the highest
Speaker 3: three fifty, so it is definitely at a discount at
Speaker 3: this at this moment. The reason why you want to
Speaker 3: doe dollar costs average is because it really decreases your
Speaker 3: exposure to price volatility. Dollar cost averaging can definitely save
Speaker 3: your portfolio, especially if you believe in those companies that
Speaker 3: you're actually investing in. And this is the question where
Speaker 3: you have to ask yourself, do you invest and do
Speaker 3: you actually believe in these different companies that are part
Speaker 3: of your portfolio. I see people oftentimes that they have
Speaker 3: fifty to one hundred disparate stocks in their portfolio. Why
Speaker 3: not have five to six stocks that you know that
Speaker 3: they're going to be here five to ten years from
Speaker 3: now and just double down and have a larger percision
Speaker 3: when it comes to those stocks that will set you
Speaker 3: apart from folks that have one hundred or one hundred
Speaker 3: and fifty different stocks and maybe have two to three shares.
Speaker 3: What I'm trying to say here is that the larger
Speaker 3: the position that you actually have when it comes to
Speaker 3: the stocks, the more gains that you're able to actually
Speaker 3: realize in a short amount of time as well. So
Speaker 3: dollar cost averaging is definitely one of the ways that
Speaker 3: you can make money even with in a big market
Speaker 3: or any or any single pullback. Something else that you
Speaker 3: can actually invest into is inverse ETFs. So inverse ETFs
Speaker 3: allow investors to short the market, so as the stocks
Speaker 3: are coming down, you can actually invest in these different ETFs.
Speaker 3: I will only recommend these different ETFs for short term hodes.
Speaker 3: And something else that I definitely recommend is to actually
Speaker 3: put a stop loss or a trailing stop loss when
Speaker 3: it comes to these different inverse ETFs that will help you,
Speaker 3: you know, minimize the risk that you actually have when
Speaker 3: it comes to these different stocks. And here at the bottom,
Speaker 3: I just put two different inverse ETFs that are very
Speaker 3: very famous, and the first one is the sqqq which
Speaker 3: is basically the opposite of QQQ. So if you do
Speaker 3: believe that QQQ will be heading down. This is definitely
Speaker 3: one of the assets or different securities that you're able
Speaker 3: to invest in. Also, we else there's the SDS. The
Speaker 3: SDS tracks the SMP five hundred, which is basically the
Speaker 3: opposite of the SMP five hundred. There's different ways that
Speaker 3: you're able to invest and get into the market. Again, flexibility,
Speaker 3: becoming adaptive, and being versatile will definitely help you out
Speaker 3: when it comes to the stock market. And me personally,
Speaker 3: it doesn't matter what the stock market is doing. I'm
Speaker 3: trying to find different ways that i can definitely hedge
Speaker 3: against and I'm never sticking to one single strategy. You're
Speaker 3: gonna find people that they only stick to one strategy
Speaker 3: and once the market changes, they no longer make any
Speaker 3: money or they're not profitable. Why because they're not being
Speaker 3: flexible or they do not adapt to the changes of
Speaker 3: the stock market. You have to be an athlete, just
Speaker 3: like a sport. You've got to be flexible, you got
Speaker 3: to be versatile, you got to be the jack of
Speaker 3: all trades. Same thing here when it comes to the
Speaker 3: stock market. For you, you actually become profitable and realize
Speaker 3: generational wealth. These are definitely some of the ways that
Speaker 3: you're able to make money.
Speaker 2: Because really quickly. So I see short term holds and
Speaker 2: you said stop blows, is it? But centers that you
Speaker 2: would recommend for a stop loss if somebody is out
Speaker 2: there listening to them.
Speaker 3: I would say for beginners, ten percent, I think ten
Speaker 3: percent is more than recommended. I think that's a very
Speaker 3: comfortable percentage for those that are beginners. For those that
Speaker 3: are more advanced and more seasoned, then you can of
Speaker 3: course go to twenty twenty five percent, but it definitely
Speaker 3: depends on one on your goal. Two you know what's
Speaker 3: the most the size of your account. But I think
Speaker 3: ten percent is more than doable perfect, definitely definitely. Next
Speaker 3: is put options. Put options is definitely the way right.
Speaker 3: And we've had indicators since the summertime, and I'm going
Speaker 3: to show you these different indicators that let us know
Speaker 3: that a bear market was indeed coming right. Market structure
Speaker 3: is the way to go, and technical analysis is the
Speaker 3: way to go. I talk about it all the time.
Speaker 3: For the earners. For the level of family, price action
Speaker 3: is definitely king right. This will definitely help you understand
Speaker 3: whether or not we're actually we're gonna have a change
Speaker 3: in momentum or trend when it comes to the stock market.
Speaker 3: So what is a put option? So put option is
Speaker 3: a contract that you buy and it gives the owner
Speaker 3: the option, but not the requirement to sell a specific
Speaker 3: underlying security at a predetermined price within a certain amount
Speaker 3: of time. Right, that certain amount of time is the
Speaker 3: expiration that those are one of the components that are
Speaker 3: part of a option contract. So put options is definitely
Speaker 3: one of the ways that if you believe that QQQ,
Speaker 3: that if in video Microsoft, if these different securities are
Speaker 3: going down, this is one of the ways that you
Speaker 3: can actually go ahead and make some money. So to
Speaker 3: put it into more perspective, when you buy a put option,
Speaker 3: you're anticipating and I definitely put it anticipating in gold
Speaker 3: here that the value of the underlying stock will decrease
Speaker 3: in value over the course of the contract. Again anticipating.
Speaker 3: There's no one hundred percent in any market. We can't
Speaker 3: time the market, we can't predict the market. What we
Speaker 3: can do is that we can build a hypothesis of
Speaker 3: what's going to happen, and then we can gather evidence.
Speaker 3: We can you know, we can actually gather confluence that
Speaker 3: can help us. You know, build an argument for our hypothesies.
Speaker 3: And again I'm going to show you different ways that
Speaker 3: you're able to do that with technical analysis to be
Speaker 3: able to make money every single day. All right, So
Speaker 3: here we go. So when it comes to the put option,
Speaker 3: you know, the direction of the stock market definitely determines
Speaker 3: what type of contracts you will have or you might
Speaker 3: take on. And I'm going to go ahead and just
Speaker 3: get my tool here just to highlight a couple of
Speaker 3: different things. If you think that the stock price will
Speaker 3: move up, you're more thanizing going to buy a co
Speaker 3: option or sell a put option. If you think that
Speaker 3: the stock price will stay stable, you can sell a
Speaker 3: call option or sell a pull a put option. If
Speaker 3: you think that the stock price will go down, which
Speaker 3: is you know the market that we're definitely in right now,
Speaker 3: you want to go ahead and you want to buy
Speaker 3: a a put option, and you want to sell a
Speaker 3: call option. So put options is definitely one of the ways.
Speaker 3: I'm going to show you exactly what happened. First, I'm
Speaker 3: going to go to the charts and talk about the
Speaker 3: strike price. Right, So we talked about the expiration. Right.
Speaker 3: When you buy a option contract, you have to specify
Speaker 3: a expiration. If I were to buy a Nvidia one
Speaker 3: D and fifty put for this week, that will be
Speaker 3: called a weekly, right, So weeklies are definitely risky, and
Speaker 3: you should definitely go ahead and put you know, you
Speaker 3: should definitely go at least two weeks out when it
Speaker 3: comes to your option contracts, just to buy some time.
Speaker 3: So the strike price is really really critical because that
Speaker 3: allows you to understand whether or not your option contract
Speaker 3: is in the money, out the money, or at the money.
Speaker 3: So actually, Troy Rashott, I got my iPad here that
Speaker 3: I would like to do a quick demonstration on what
Speaker 3: is in the money, out the money, at the money.
Speaker 3: But I just need some help when it comes.
Speaker 2: To this, all right, what you need?
Speaker 3: So my iPad is called Chris iPad. Gotcha, Yeah, let
Speaker 3: me know if you're able to put that one for
Speaker 3: a co host, HM, let's sit here, let's see, And
Speaker 3: I'm actually gonna go ahead and just raise my hand
Speaker 3: from my iPad so you're able to see.
Speaker 2: Yeah, once you raise your hand, Uh, yeah, there you go.
Speaker 2: I see it. Is it the CM capital?
Speaker 3: Y's probably the capital? Yeah, gotcha, Yeah, there we go. Excellent,
Speaker 3: Thank you brother, only the host can sharing this meeting.
Speaker 2: Let me see, I got you right now, I'm.
Speaker 3: Gonna stop sharing here and then there we go. Excellent,
Speaker 3: there we go. All right, excellent. So we covered this
Speaker 3: in EYL, but I'm gonna go ahead and cover it
Speaker 3: here because we definitely need to understand what is the
Speaker 3: strike price in the money, out the money, and of
Speaker 3: course at the money. So give me one second second,
Speaker 3: So in the money, at the money, and again we're
Speaker 3: gonna go ahead and just say that we have a
Speaker 3: stock like in vidio and video, let's say at one sixty, right,
Speaker 3: the price of Nvidia at one sixty. And I'm just
Speaker 3: gonna show this demonstration for calls. So we're first going
Speaker 3: to start with calls and then from there we are
Speaker 3: going to go into the put explanation. Right, So in
Speaker 3: the money, out the money, and also at the money,
Speaker 3: give me one section one uh second. Here will go
Speaker 3: ahead and just get my my pental work one quick second.
Speaker 6: Mm hmm.
Speaker 4: YouTube, hit the like button and share if you can
Speaker 4: greatly appreciate.
Speaker 3: It one quick second. I'll be right back.
Speaker 4: So as we wait for Chris to come back, we'll
Speaker 4: take a quick break, intermission break, and we'll tell you
Speaker 4: more about Eyo University. So once again, Chris's professor does
Speaker 4: this twice a week, so a lot of times people ask, like,
Speaker 4: what's the difference between Eyo University and podcasts or like
Speaker 4: market Mondays. And it's a hands on learning experience where
Speaker 4: it's designed to kind of be a classroom where take
Speaker 4: it slow, answer questions, go through presentations.
Speaker 5: It's a community. So that's what it's kind of like private.
Speaker 4: School as opposed to publicher where it's like, you know,
Speaker 4: public school, the information is always going to be available
Speaker 4: for free, whether it's on YouTube or Apple, podcasts or Instagram.
Speaker 4: But you know, the Eyo University almost like nine thousand
Speaker 4: members I think is in there right now, and you know,
Speaker 4: a private Facebook group and MG the Mortgage Guide does
Speaker 4: real estate calls, I do financial planning calls. We have
Speaker 4: a movie club, book club, weekly classes, and you know
Speaker 4: it's it's all done at you know, individual speed, much
Speaker 4: smaller classrooms, individual learning staff. And the best part is
Speaker 4: actually the community that's actually built because people actually get to.
Speaker 5: Network with each other and build with each other.
Speaker 4: So that's kind of the difference between you know, what
Speaker 4: we've built on the bigger platform as far as you
Speaker 4: know for the media side, for the podcasts and YouTube
Speaker 4: and things of that nature, and what we built on
Speaker 4: the community side.
Speaker 5: It's called Eyo University.
Speaker 2: Yeah, and I think one of the dope things about
Speaker 2: especially what Chris is doing. A lot of times we
Speaker 2: get information and we can't apply it in real time,
Speaker 2: and so one of the best things is that his
Speaker 2: class every Monday at noon is happening while trades, while
Speaker 2: the market is open, and so we can hear the
Speaker 2: information from twelve to one point thirty a lot of
Speaker 2: times ask questions and then actually go out and that
Speaker 2: really apply it. And then just for a follow up,
Speaker 2: he has another class on Tuesday. So it's really hands
Speaker 2: on and it goes from the beginning level to a
Speaker 2: more intermediate level to sometimes advance and so you can
Speaker 2: enter anywhere you're at. I know a lot of us
Speaker 2: have joined Ewy Young University and we've grown in trading
Speaker 2: over the course of the past six or seven months,
Speaker 2: or even some of us who've been here from the
Speaker 2: beginning of the past two years. So you know, it's
Speaker 2: one of those things where you can take your time
Speaker 2: and learning. And the best thing, like Rashad said, is
Speaker 2: that there's people learning at the same pace you are.
Speaker 2: And so when you get that community feel, it's more
Speaker 2: of a situation where it's like, all right, I have
Speaker 2: somebody who is my air like that I can actually
Speaker 2: learn with and go with through my journey of investment.
Speaker 2: So it's a beautiful thing. I've learned a lot. I've
Speaker 2: learned a lot being in these classes. And shout out
Speaker 2: to everybody in e uy lu.
Speaker 5: Yeah for sure, Chris you ready or called the audible
Speaker 5: see your chart going up.
Speaker 3: Yeah, let's get it. Let's get it. Let's get it.
Speaker 3: My pencil acting acting, acting, acting out. But all right,
Speaker 3: so we're gonna do it here. I'm gonna go ahead
Speaker 3: and just drag this all the way to the right
Speaker 3: hand side. And let's go ahead and do this right.
Speaker 3: We'll use the text here in trading view. I'm telling
Speaker 3: you this is why being flexible and being versatile can
Speaker 3: definitely be helpful. Right, So let's say in video has
Speaker 3: a price of one sixty right, so the price of
Speaker 3: Nvidia it's one sixty second. Let's go ahead and make
Speaker 3: this a little bit bigger. And this is for calls.
Speaker 3: So I want you to understand how to pick a
Speaker 3: end the money out the money options contract and be
Speaker 3: able to be profitable in it. Right, So one sixty
Speaker 3: is the current price for in video, right if I
Speaker 3: and you know within the options chaining, when you try
Speaker 3: to choose that options contract, you're also going to see
Speaker 3: prices like one sixty one, right, I'm gonna go ahead
Speaker 3: and put it here. You're also going to see prices
Speaker 3: like one fifty nine or one fifty eight. Right. And
Speaker 3: because the price of one sixty or the or in
Speaker 3: video is at one sixty, if you choose a option
Speaker 3: contract that is a one sixty call, that will be
Speaker 3: a at the money contract because that is the current
Speaker 3: price of in video. So one sixty is the current price.
Speaker 3: If you choose a one to sixty option contract, that
Speaker 3: will be a at the money option contract if you
Speaker 3: choose a one sixty one, right, keeping in mind that
Speaker 3: in video is only at one sixty. If you choose
Speaker 3: a one sixty one option contract and video has not
Speaker 3: hit one sixty one yet, so for that reason, this
Speaker 3: will be a out of the money contracts. So out
Speaker 3: of the money aka OTM. So when they hear you
Speaker 3: say OTM, this is what they mean. This will be
Speaker 3: a out of the money options contract. If you choose
Speaker 3: a one to fifty nine option contract. Again, in Vidia
Speaker 3: has already surpassed one, so that will be a in
Speaker 3: the money options contracts or in the money aka that
Speaker 3: will be im right, So in the money equals im
Speaker 3: and this is how you were able to get your
Speaker 3: option contracts for calls. Right, If you want to go
Speaker 3: for costs one sixty one out of the money, one
Speaker 3: sixty will be at the money because that is the
Speaker 3: current price for in video. One fifty nine will be
Speaker 3: a in the money because Nvidia has already surpassed that
Speaker 3: that price.
Speaker 2: Right.
Speaker 3: Now, let's go ahead and change it up a little bit,
Speaker 3: and let's go for I'm gonna try to draw in
Speaker 3: here four puts, right, So for puts, there we go.
Speaker 3: So for pus for Nvidia, it's gonna be a little
Speaker 3: bit different, right, I'm gonna go ahead and just take
Speaker 3: this text and bring it down. Let me take this
Speaker 3: banging down, and let me go ahead and take this
Speaker 3: out the way as well. So for this one, it's
Speaker 3: gonna be a little bit different because which one to
Speaker 3: you know? Say that in Vidia is going to go down?
Speaker 3: So again one sixty is the current price, right, So
Speaker 3: if you go for one sixty on the puts. This
Speaker 3: is the current price. If I choose a one to
Speaker 3: sixty put, that will be a at the money contract.
Speaker 5: Right.
Speaker 3: If I go ahead and choose a one to fifty nine,
Speaker 3: that will be out of the money, right, because in
Speaker 3: Vidia has not decreased or gone down to the one
Speaker 3: to fifty nine level. If I choose a one sixty one,
Speaker 3: this will be a d the money. So this actually
Speaker 3: is the opposite when it comes to puts. The one
Speaker 3: sixty one becomes the end of money option contract and
Speaker 3: the out of the money is the one to fifty
Speaker 3: nine because in Vidia has not yet decreased to one
Speaker 3: fifty nine. So this is how you're able to choose
Speaker 3: your option contracts. Now, a question that I often get
Speaker 3: is this, Chris, if if I'm a scalper. And for
Speaker 3: those that don't know what a scalper is, a scalper
Speaker 3: is a type of trader that you're in and out right,
Speaker 3: You're usually in a trade from you know, less than
Speaker 3: eight minutes. You know, that is the type of trader
Speaker 3: that I am. I go in heavy, and I'm in
Speaker 3: and out. I'm just trying to capitalize of a small
Speaker 3: movement when it comes to the stock market, if I'm
Speaker 3: a you know, if I'm a scalper or if I'm
Speaker 3: a day trader, which option contract should I go for? Well,
Speaker 3: you should definitely go for in or at the money contracts.
Speaker 3: And here's the reason why. Aside from understanding the stripe
Speaker 3: price when it comes to options, you also want to
Speaker 3: understand the Greeks. So the Greeks allows you to understand
Speaker 3: how how much money you will make if that trade
Speaker 3: actually goes your way. So in and at the money
Speaker 3: contract should be the preferred or the or the recommended
Speaker 3: option contracts if you are a day trader or a scalper.
Speaker 3: The only time, and again I'm gonna say this again,
Speaker 3: the only time that you're going to choose a out
Speaker 3: of the money contract is if you're going to swing
Speaker 3: or if you're going to go into leap calls. That
Speaker 3: is the only way that I would say that it
Speaker 3: will be lucrative for you to go for a out
Speaker 3: of the money contract. In the money, at the money
Speaker 3: definitely have the best Greeks, and the Greeks will definitely
Speaker 3: be on your side when it comes to you and
Speaker 3: at the money. When in respect to either being a scalper,
Speaker 3: or if not being a day trader. When it comes
Speaker 3: to the stock market.
Speaker 4: One thing that I just want to drill down is
Speaker 4: that a this is for people that are interested in
Speaker 4: being traders. You don't have to be a trader, but
Speaker 4: if you are interested in you know, having that as
Speaker 4: part of your arsenal, and you need to know how
Speaker 4: to you know, make put options. And then also and
Speaker 4: you know, either one that you can chime in but
Speaker 4: you don't want to keep it's not something that you
Speaker 4: keep for a long period of time, yeah, or it's
Speaker 4: are usually more short term as opposed to like leap options,
Speaker 4: what could be potentially years, like years, two and a
Speaker 4: half years for a leap call.
Speaker 2: You agree with that, Yeah, And I think Chris, you
Speaker 2: spoke about that in the presentation kind of around at
Speaker 2: the same time when I was talking about stop laws.
Speaker 2: I think you put that three to five days or
Speaker 2: somewhere in that or definitely less than two weeks on
Speaker 2: a put ouction. But just knowing that you can do
Speaker 2: it right for years, I'm talking about years we had
Speaker 2: no like a lot of us had no ideas what
Speaker 2: options were even were, And so to know that to
Speaker 2: know that you can make money either when the market
Speaker 2: is going up or down is critically important, right, because
Speaker 2: we're seeing it happen over the course of six months,
Speaker 2: I mean since January, we've seen what happened, what's happened
Speaker 2: to the nastac And now obviously that's and p's and
Speaker 2: bed market, and most people are like, wait, they're just
Speaker 2: watching the money deplete and deplete and deplete, not knowing
Speaker 2: that there's an opportunity that you can actually make money
Speaker 2: on the way down. So this is vially important information.
Speaker 3: That's funny, absolutely sure.
Speaker 4: So all right, so this is another part of the
Speaker 4: EYO University experiences that we have question answer sessions. So
Speaker 4: if you you know, obviously if you watch a podcast,
Speaker 4: you're not going to be able.
Speaker 5: To, you know, ask questions.
Speaker 4: So the whole the whole model was kind of designed
Speaker 4: after you know, education in a real school, and not
Speaker 4: to say that, you know, universities are bad, but a
Speaker 4: lot of the things that aren't in universities aren't useful
Speaker 4: and they're over priced as well. So we're like, how
Speaker 4: can we take the best experience from a university as
Speaker 4: far as the community, as far as a professor coming in,
Speaker 4: as far as a class, as far as being able
Speaker 4: to ask questions, as far as being able to have
Speaker 4: a customized learning style, like those are all good things
Speaker 4: that are part of university. How can we take out
Speaker 4: the bad part, which is like having to just do
Speaker 4: electives on you know, Earth science and American studies and
Speaker 4: art classes and how can we you know, not have
Speaker 4: to charge seventy thousand dollars a year and have student
Speaker 4: loans and things of that nature. So like I we can,
Speaker 4: we can actually you know, scale it down and give
Speaker 4: what people actually want and need and for a penny
Speaker 4: of the price. So yeah, that's kind of the model
Speaker 4: behind Eyo University. And once again we have great professors
Speaker 4: like Chris who who teach, who teach classes and you
Speaker 4: know has built his own community as well, which we'll
Speaker 4: talk about.
Speaker 5: That later on.
Speaker 4: But yeah, so the second part of this is going
Speaker 4: to be the the question and answer experience and you know,
Speaker 4: get to ask questions and you know, get to answer it.
Speaker 4: And then there's also a zoom chat going on too,
Speaker 4: so a lot of times people actually answer questions for
Speaker 4: other people in the zoom. That happens to my financial
Speaker 4: planning class a lot, even if I don't know the
Speaker 4: answer to a question somebody else might know the answer.
Speaker 4: We just look it up on the spot and different
Speaker 4: things of that nature. So it's a real it's a
Speaker 4: real vibe. So we're gonna go to that. But if
Speaker 4: you're interested in joining Eyo University, we are running fifty
Speaker 4: percent off sales, so I put the link on the YouTube.
Speaker 5: It's Eyo University dot com.
Speaker 4: Pretty easy and if you want to, you know, sign
Speaker 4: up and become an earner, we'd love to have you
Speaker 4: on the other side. So let's let's get some some
Speaker 4: questions if we can.
Speaker 2: Yeah, real real quick. Shout out to Andrea and shout
Speaker 2: out to Mercedes in the chat. Shout out to y'all.
Speaker 2: Ill see y'all. Y'all answering half the questions in there,
Speaker 2: so shout out to y'all. Getting busy, chat chat chat
Speaker 2: lit Right now, Hey, Chris, I have a quick question.
Speaker 2: So I'm and this is golden. If you're watching right now,
Speaker 2: you should be taking a picture of this technical announcements roadmap. Yeah,
Speaker 2: moving averages, which which moving averages do you use? So
Speaker 2: are you twenty? Are you fifteen hundred? What do you
Speaker 2: do two hundred?
Speaker 3: So fifteen two hundred are definitely known, you know across
Speaker 3: hetch funds and stuff, but it's like the hedge funes
Speaker 3: already know that. We know that fifteen to two hundred
Speaker 3: are definitely the ones.
Speaker 2: Earners. What's up? You ever walk into a small business
Speaker 2: and everything just works like the checkout is fast, the
Speaker 2: receipts of digital tipping is a breeze, and you're out
Speaker 2: the door before the line even builds. Odds are they're
Speaker 2: using Square. We love supporting businesses that run on Square
Speaker 2: because it just feels seamless. Whether it's a local coffee shop,
Speaker 2: a vendor at a pop up market, or even one
Speaker 2: of our merch partners, Square makes it easy for them
Speaker 2: to take payments, manage inventory, and run their business with confidence,
Speaker 2: all from one simple system. If you're a business owner
Speaker 2: or even just thinking about launching something soon, Square is
Speaker 2: hands down one of the best tools out there to
Speaker 2: help you start, run, and grow. It's not just about payments,
Speaker 2: it's about giving you time back so you can focus
Speaker 2: on what matters most ready. To see how Square can
Speaker 2: transform your business, visit Square dot com, backslash, go backslash
Speaker 2: eyl to learn more that Square dot com, backslash, go
Speaker 2: backslash eyl, don't wait, don't hesitate. Let's square handle the
Speaker 2: back end so you can keep pushing your vision forward.
Speaker 2: This episode is brought to you by P and C Bank.
Speaker 2: A lot of people think podcasts about work are boring,
Speaker 2: and sure they definitely can be, but understanding a professionals
Speaker 2: routine shows us how they achieve their success little by little,
Speaker 2: day after day. It's like banking with P and C Bank.
Speaker 2: It might seem boring the safe plan and make calculated
Speaker 2: decisions with your bank, but keeping your money boring is
Speaker 2: what helps you live or more happily fulfilled life. P
Speaker 2: and C Bank Brilliantly Boring since eighteen sixty five. Brilliantly
Speaker 2: Boring since eighteen sixty five is a service mark of
Speaker 2: the PNC Financial Service Group, Inc. P and C Bank
Speaker 2: National Association Member FDIC.
Speaker 6: Behind the delivery trucks that keep your life stocked. Thousands
Speaker 6: of employees at BP go to work every day. People
Speaker 6: bringing a new offshore production platform online. People making our
Speaker 6: refineries capable of more like making renewable diesel from agricultural waste.
Speaker 6: People trading and shipping fuels to our customers, and people
Speaker 6: helping truckers fill up and get maintenance at our convenient locations.
Speaker 6: They're part of almost three hundred thousand jobs VP supports
Speaker 6: across the country. Learn more at VP dot com slash
Speaker 6: Investing in America.
Speaker 3: I used the nine em A and twenty one em A.
Speaker 3: And for those that are you know, part of uyol,
Speaker 3: y'all know that we we print money with that n
Speaker 3: twenty one A man. You can use it on any
Speaker 3: time frame and it's called you know, just like the
Speaker 3: fifteen two hundred. When it comes to crossover, you know,
Speaker 3: when the nine am man crosses above the twenty one,
Speaker 3: that is a golden cross. When the nine am A
Speaker 3: crosses below that is a death cross. But the nineteen
Speaker 3: twenty one twenty definitely or for scalpers, for day traders,
Speaker 3: for spring traders, for long term positions. So it's definitely
Speaker 3: the way to go.
Speaker 2: Shout shout out to the earners of the chat. They
Speaker 2: open one too. I hope you got that gym. All right,
Speaker 2: let let's open this up a little bit. Ashley read,
Speaker 2: we are coming to you. Unmute yourself. You have been unmuted.
Speaker 2: What's going on? Ashley received cashier. Hello, Hey, I'm so
Speaker 2: sorry sorry you guys.
Speaker 7: I'm at work.
Speaker 3: I definitely did not.
Speaker 8: Think that I have take it through to ask a question.
Speaker 8: I just want to say, thanks you guys for everything
Speaker 8: that you all do, and thank you for trying to
Speaker 8: educate the community and for giving back and for adding value.
Speaker 7: To our lives.
Speaker 8: I really do appreciate it.
Speaker 5: Appreciate that, of course.
Speaker 8: So my question is, Okay, so you know most of
Speaker 8: the stocks now are going in a downward trend. We're
Speaker 8: in a bear market. Do you think that it's a
Speaker 8: good time to start loading the boat or this is
Speaker 8: and this question is for anyone, or do you think
Speaker 8: that I should like give it more time and let
Speaker 8: certain things continue going down. So right now I have
Speaker 8: about seven thousand dollars to invest, and I'm trying to
Speaker 8: decide on if I should just go ahead and put
Speaker 8: it in the stocks.
Speaker 3: Now or wait a little bit longer. I got definitely
Speaker 3: answer that. So I mean I would say start, you know,
Speaker 3: start buying, startloading the boat. Right if you look at
Speaker 3: the stocks that you that you would that you actually
Speaker 3: believe in. Let say you're Microsoft, You're in video and
Speaker 3: videos at a crazy discount right now. There's no reason
Speaker 3: that if you like in video at three hundred. How
Speaker 3: Troy says you should definitely like it at one sixties.
Speaker 3: So I would say it's definitely the time to load
Speaker 3: the boat. Yes, the you know, the stock market may
Speaker 3: still going down, but if it's stocks that you know
Speaker 3: are going to be here five to ten years from
Speaker 3: now and you're thinking long term, there's I mean, I
Speaker 3: don't think you should definitely, you know, hesitate when it
Speaker 3: comes to buying these different stocks.
Speaker 2: Yeah.
Speaker 4: Yeah, I think you can also dolo cost average and
Speaker 4: even if the stock goes down, you can dolar cost down. Well,
Speaker 4: Like it's like let's say you put one thousand dollars
Speaker 4: in even I mean, like let's take a stock like Amazon,
Speaker 4: where it's I think it's like forty something percent off
Speaker 4: of his all time high. So yeah, it could potentially
Speaker 4: go to like fifty percent off of his all time high.
Speaker 4: We'll go to sixty percent off. Maybe probably not, but
Speaker 4: like if you're kind of runner, you don't, if you're
Speaker 4: kind of nervous and say, okay, I don't want to
Speaker 4: put everything in, then it drops down again. You can
Speaker 4: always drop you can always buy more even at a
Speaker 4: lower point, and the benefit with that is that you
Speaker 4: you lower your your buying price. So now when the
Speaker 4: stock goes up, you're actually you know, in a better position.
Speaker 4: So that's always a strategy as well. But yeah, I mean,
Speaker 4: you know, being at it's at the start of the
Speaker 4: band market, I think you know, it'll probably be choppy.
Speaker 5: For a while, but you know, it could always it
Speaker 5: could also move sideways.
Speaker 4: It doesn't necessarily mean it has to just continuously drop
Speaker 4: as drastically as it has dropped. But yeah, I think
Speaker 4: Chris brings up a good point. You got to look
Speaker 4: at each stock on an individual basis. A stock like
Speaker 4: Apples only down twenty percent, but you know a stock
Speaker 4: like video is down fifty like that. Yeah, right now,
Speaker 4: so you know that's that's different, right that that might
Speaker 4: be a better then something that's only down fifteen percent
Speaker 4: or something that's down eighteen percent that's kind of held
Speaker 4: pretty strong, which has more downside potential. So it really
Speaker 4: just depends because there's so many different stocks on the
Speaker 4: stock market that it really just depends. But the deeper
Speaker 4: that it went down, and of course if it has
Speaker 4: to be a good company that you believe in, but
Speaker 4: you know, the deeper the dis the deeper the discount,
Speaker 4: the better.
Speaker 2: The buy yeah, I was gonna say, and I see
Speaker 2: some people put in the chat like scale in or
Speaker 2: taper in, and that would kind of be like the
Speaker 2: method for dollar col savaging. But we got to like
Speaker 2: realize what good companies are, Like, it's Amazon a great company. Yeah,
Speaker 2: it's Apple a great company. Yeah? Is in Video a
Speaker 2: great company? Yeah? They're great companies. It's just that we're
Speaker 2: in a bear market and so yeah, they're gonna trend down,
Speaker 2: but there's still solid companies. You got to realize that
Speaker 2: it's still a solid company. It's just at a discounted price.
Speaker 2: And we shouldn't be panic trading or feeling and fear
Speaker 2: because we've already seen I'm glad that Chris brought that
Speaker 2: statistic up. Seventy eight percent of the time the market
Speaker 2: moves in the upper trend seventy eight percent of the time.
Speaker 2: It feels like this has been going on forever because
Speaker 2: a lot of us have just gotten into investing, and
Speaker 2: so it's like, wait, it doesn't go up every day,
Speaker 2: Like this is what a pullback is. And so if
Speaker 2: you're patient enough and you're in very very solid companies,
Speaker 2: and I think that's one of those great shatages you
Speaker 2: talked about Chris actually knowing the CEO, actually knowing what
Speaker 2: the moat is. I know you talked about competitive advantage,
Speaker 2: So knowing what the moat is they have a versus
Speaker 2: everybody else in that sector. It's very important before you
Speaker 2: make an investment, and so just realize that this is
Speaker 2: a beer market, but nearly eighty percent of the time
Speaker 2: the market trends in an upward manner. So keep that
Speaker 2: in mind when you're making these investments. All you're thinking
Speaker 2: about making it and you're feeling a kind of apprehensive
Speaker 2: about doing it. Appreciate you, Ashley.
Speaker 8: Yes, thanks you guys.
Speaker 2: TJ. We're coming to you. I'm mute yourself. You've been unmuted.
Speaker 2: What's going on? TJ? There you TJ? What's up?
Speaker 3: What's up?
Speaker 5: Try going on?
Speaker 2: Chris? They been good? Brow you.
Speaker 3: I'm good. I'm good.
Speaker 2: Bless up, bless up.
Speaker 3: Question Chris, did you get in that Nvidia one seven call?
Speaker 2: I just spoke about it last night.
Speaker 3: I did yep, iRED you feel about it? You still
Speaker 3: got tom so so I so I did play earnings.
Speaker 3: I did the one seventy call. I also got into
Speaker 3: an in video trade today. I got like a forty
Speaker 3: percent game. It was a quick scout, so I did
Speaker 3: make money today. But I'm a little salty about the
Speaker 3: Ernie's play, all right though. You know Ernie's play. One
Speaker 3: thing about Ernie's play is definitely a gamble, Like when
Speaker 3: you put money into Ernie's is money that you got
Speaker 3: to be comfortable losing. So you know, I was ready
Speaker 3: for it.
Speaker 2: Yeah, I got into it too. I'm done, but it's
Speaker 2: all good. Yeah, for those not in the note and
Speaker 2: video had their earnings today and I'm looking at it
Speaker 2: right now after hours they down another seven percent. So
Speaker 2: obviously if you if you're scalping, which means you're you know,
Speaker 2: you're in and out of these positions, obviously it's a downtread.
Speaker 2: But this is why it's they're having the advantage of
Speaker 2: time works in your benefit here, right, because yes, it's
Speaker 2: a pullback, and obviously theself because did they report that
Speaker 2: the guidance was kind of low going forward, Chris? Is
Speaker 2: that what I said?
Speaker 3: Yeah, yeah, it was very very low. Honestly, they definitely
Speaker 3: have bullish momentum throughout the day. I was a little
Speaker 3: bit scared about that, the bullish momentum because you know,
Speaker 3: Spy was definitely going down and they were definitely buying
Speaker 3: it up. I just didn't think that it was going
Speaker 3: to continue going down, right, But there was Bairey any
Speaker 3: guidance when it comes to the Ernie's player. I just
Speaker 3: feel that in video is such a strong stock that
Speaker 3: maybe tomorrow go back to win seventy or one sixty five.
Speaker 3: You know, it definitely has those days. And at the
Speaker 3: end of the day, you got to think about this.
Speaker 3: Market makers they want to bring it right right back
Speaker 3: down to the one fifties, to buy it right back up.
Speaker 3: So I think mar should definitely.
Speaker 2: Be a very interesting That's one of those things that
Speaker 2: people have to realize. The market market makers will pull
Speaker 2: back the equity or the asset to a number that
Speaker 2: they like, right so they can actually buy more. And
Speaker 2: so I told you this is if this was like
Speaker 2: finding Nemo, Like we're Nemo in this and there's whales
Speaker 2: out there, right, or there's sharks out there that eating
Speaker 2: off the things that the movement that they know that
Speaker 2: we're going to participate in. So be very mindful of that. Welando, Welando,
Speaker 2: we are coming to you. You are being unmuted. Unmute yourself.
Speaker 2: Orlando what's going on? TJ. I appreciate you, thank you,
Speaker 2: thank you.
Speaker 5: How's it going?
Speaker 2: Can you hear me? Yeah? We gave you this is crazy.
Speaker 3: First of all, thank you for selecting me.
Speaker 9: And I really appreciate all the work that y'all do.
Speaker 9: I've leveled up so much my personal life and like
Speaker 9: my whole view on the world has changed. So I
Speaker 9: appreciate the fact that you guys are taking the.
Speaker 3: Time and energy to do this.
Speaker 9: So my question is this, what would and I asked
Speaker 9: this in the zoom chat. What are the books audio
Speaker 9: people that I should research on, read or know in
Speaker 9: order to develop top level technical analysis for skill technical
Speaker 9: analysis skills.
Speaker 3: Yeah, so you can get the Charting and Technical Analysis
Speaker 3: book by Things Frank McCallen Frank Allen. But this should
Speaker 3: be your roadmap. This is the rolemap you need. I mean,
Speaker 3: this is everything you need. You don't need no secret strategy,
Speaker 3: no secret sauts. You need to be able to understand
Speaker 3: market trends, how to actually plot supporting resistance. What are
Speaker 3: the different candlestick patterns that actually matter? So, for example,
Speaker 3: a hammer candle at a downtrend is going to be critical.
Speaker 3: And I promise you that when we actually recover from
Speaker 3: this beer market, you're probably gonna see either a hammer
Speaker 3: candle or if not, a bullish and golfing format. You
Speaker 3: need to understand truck patterns. What's a double top? Was
Speaker 3: a beer flag? You know? Bullflag double bottom? How to
Speaker 3: actually use trend lines every single day. Trend lines, out
Speaker 3: of all the technical tools that we get out of
Speaker 3: technical analysis, is definitely my favorite. And you could use
Speaker 3: trend lines for scalping, for day trading, for swing trading,
Speaker 3: for anything. And you also need to know the moving
Speaker 3: average crossovers nine to twenty one is money that is
Speaker 3: gold right there, that's definitely golden. Highly recommend you to
Speaker 3: do it. You also need to understan and if you
Speaker 3: want to be a day trader or a scalper, what
Speaker 3: are the intra date strategies that suit you know your
Speaker 3: personal needs. So for example, the ABCD pattern is go
Speaker 3: the opening range breakout. It allows you to understand the trend.
Speaker 3: The break and retest strategy is very very critical. And
Speaker 3: then on top of that you can add some additional
Speaker 3: layer of sauce and you can add the mcdee, the rside,
Speaker 3: the stochastics, but price action is definitely what you gotta
Speaker 3: take into account, but it will never click if you
Speaker 3: don't do it. You can read all the books in
Speaker 3: the world. You can read fIF you know, five thousand books.
Speaker 3: If you don't sit down and actually write it down
Speaker 3: and draw a double top, draw a beer flag, draw
Speaker 3: a bull flag, it will never click. Why because you
Speaker 3: need that muscle memory right and at the end of
Speaker 3: the day, it will definitely take some time. It will
Speaker 3: probably take anywhere from one year to two years for
Speaker 3: you to get really good. I taken coll analysis, but
Speaker 3: I definitely feel that this role my prayer here when
Speaker 3: it comes to these different topics. You should be able
Speaker 3: to look it up. Also part of Eyuniversity, we definitely
Speaker 3: as well, So that will be my recommendation.
Speaker 2: Yeah, Rolando, the fact that you are on the other side,
Speaker 2: you're an earner. We actually had a book club about
Speaker 2: charting and technical analysis, so that's our chive. We actually
Speaker 2: did that in January, so you can actually go back
Speaker 2: and watch every one of those book clubs about that book.
Speaker 2: And I mean that this is like that'd be like
Speaker 2: a crash course for you on top of it. Actually,
Speaker 2: like I think the most important thing christ is saying
Speaker 2: is like actually applying it, and so it's good for
Speaker 2: us to say it and for you to watch it.
Speaker 2: But when you're in the game, when you have a
Speaker 2: leg in the game, it's a little bit different. Shout
Speaker 2: out to you, appreciate you, bro Shout out to Angie said,
Speaker 2: I should read the disclaimer in the market. Money is disclaiming.
Speaker 2: Trading has considerable risk. Let's see who we got. Andrea,
Speaker 2: were coming to you. We're coming to you, Andrea. I'm
Speaker 2: meeting you. Unmute yourself. How are you doing? Good? Even happy?
Speaker 2: Made twenty fifth? What's the deal? We have another fish bread? Now?
Speaker 2: Andrew gonna do that to us? She got nervous. All right,
Speaker 2: we're gonna go to I think this is a milli
Speaker 2: a million. I'm coming to you. I'm yourself, ya, I'm you.
Speaker 2: If I said it wrong, I apologize in advance. Did
Speaker 2: I say it wrong?
Speaker 10: Now you got it?
Speaker 9: A million?
Speaker 5: A million, A million, a million.
Speaker 2: A perfect person. Going on?
Speaker 9: What's going on with Pisces? Ah?
Speaker 2: What day? What day? Man? February twenty fifth? Okay, February Pisces.
Speaker 10: I'm right there by, y'all.
Speaker 2: What's the deal, Professor Souci?
Speaker 3: What's going on?
Speaker 5: How you?
Speaker 2: Oh?
Speaker 3: Good? God, you forgot to.
Speaker 9: Tell him about the nine and the v walk.
Speaker 10: Come on, yeah, professional trading, that's professional trading.
Speaker 3: Yeah it is, but they get that, you know, insidy
Speaker 3: well university right crossover.
Speaker 11: True.
Speaker 10: So all right, I got a question because I understand
Speaker 10: how important this is right now.
Speaker 2: I do understand the importance of it. The thing is, my.
Speaker 10: Funds are not right there right now where I could
Speaker 10: do like a big like load of boat. So I'm
Speaker 10: coming up with a creative plan and I want to
Speaker 10: know what you think about it, and would you recommend it?
Speaker 3: Is, should I take a loan.
Speaker 10: Out to actually invest, even though I know interest rates
Speaker 10: are high? I don't know how you feel about that, like, well,
Speaker 10: we'll feedbacks.
Speaker 4: I definitely would not suggest taking a loan to invest.
Speaker 4: You always want to invest, especially trading money. You know,
Speaker 4: investing has considerable risk. All investments run the risk of
Speaker 4: you know, losing ainythinking happen. So yeah, you can potentially
Speaker 4: use leverage, and you know, debt is leverage, but I just,
Speaker 4: you know, think that that probably might not be the
Speaker 4: most responsible way to go.
Speaker 5: So that's that's just my opinion.
Speaker 2: I listened to my financial advisor when she was like
Speaker 2: that come up. I'm lucky that you're sitting to the
Speaker 2: left for me. I'm very fortunate man. So yeah, I
Speaker 2: would not I would not suggest.
Speaker 3: That, all right, So I figured out another way.
Speaker 9: No, I'm not huh.
Speaker 4: Also, I'll say this, A lot of times people feel like, yo,
Speaker 4: this is they There's always going to be opportunities. There's
Speaker 4: always going to be bear markets. It might have to
Speaker 4: it might not be next year, but there's always gonna
Speaker 4: be opportunities. So even if you're not in a position
Speaker 4: to really really go extremely hard like you want this time,
Speaker 4: you know, you get a knowledge, you get the information,
Speaker 4: and then you get the resources, and then the next
Speaker 4: time around you're better prepared. So I know that's something
Speaker 4: it's like fomo, right, fire of missing out when people
Speaker 4: feel like this is this is the opportunity, this is
Speaker 4: this is it, this is it.
Speaker 5: But there's always going to be opportunities. It's not going
Speaker 5: to be the last opportunity.
Speaker 4: So yeah, I would say focus more on, you know,
Speaker 4: if you want to start a business or get a
Speaker 4: side hustle, or just find ways to just generate more income.
Speaker 4: That way, when the next opportunity comes, you'll have you'll
Speaker 4: have more disposable money that you can put at it.
Speaker 2: Okay, I take that, take this, Yeah, I appreciate you.
Speaker 2: All right, love bro. All right, seeing we are coming
Speaker 2: to you, I mute yourself. You have been immuted city.
Speaker 2: What's going on? Yes?
Speaker 12: Hi, I have a quick question. So I was day
Speaker 12: trading and also doing a little scalping, but I got
Speaker 12: discouraged because I lost like ten thousand dollars, so my
Speaker 12: account went down. But I think my problem was I
Speaker 12: was actually using the Think or Swim platform. But I
Speaker 12: know that some people use active Traders, So I was
Speaker 12: gonna ask Chris, what do you use when you're scalping?
Speaker 5: Yeah?
Speaker 3: So actually, yeah, active trader is actually pretty good on
Speaker 3: on on think or Swim. Uh, the fills are okay
Speaker 3: when it comes to Think or Swim, they've been buggy
Speaker 3: the last two years.
Speaker 6: Uh.
Speaker 3: If you're using an active trader and you set it up,
Speaker 3: actually I'll put a link in the chat so you
Speaker 3: can actually have it with with active trader, you should
Speaker 3: be in and out in less than two seconds.
Speaker 9: Now.
Speaker 12: So what else is there out there apart from active Traders?
Speaker 12: Is there something else?
Speaker 3: Yeah? Yeah, there is if you want to take it
Speaker 3: up a Notch. You could definitely create an account with
Speaker 3: Interactive Brokers. Interactive Brokers is a very professional platform. That's
Speaker 3: where all the big scalpers definitely go in and they
Speaker 3: trade at And on top of that, I would highly
Speaker 3: recommend the stream deck. So stream deck is another device
Speaker 3: that you attached to your PC via USB and that
Speaker 3: one with one button, you're instantly out. And in my opinion,
Speaker 3: Interactive Brokers they have the best fills out of all
Speaker 3: the platforms.
Speaker 12: How do I guess on the stream deck?
Speaker 2: What is so? Yep?
Speaker 3: So the stream deck is on Amazon. You want to
Speaker 3: get the Elgado stream Deck?
Speaker 12: Got it?
Speaker 9: Yep?
Speaker 12: And is that different from the Interactive Brokers.
Speaker 3: So that one actually integrates with Interactive Brokers because you
Speaker 3: can actually set up hockeys with stream Deck and Interactive
Speaker 3: Brokers where you buy something, you know, let's say you
Speaker 3: buy ten contracts, you sell ten contracts and your in
Speaker 3: and out in less than a second.
Speaker 12: Okay, thank you yep.
Speaker 3: And just to add some more confidence of why Interactive
Speaker 3: Brokers is better than TD is because they actually work
Speaker 3: with more exchanges than what TD Emergency works with. So
Speaker 3: I definitely recommend them if you really want to become professional,
Speaker 3: and especially as a as a scalper, every second counts, right,
Speaker 3: so every bit of money definitely counts, And that's the
Speaker 3: one that I definitely recommend Chris.
Speaker 2: Real quick for the people that are listening, especially on
Speaker 2: a tube. I know some of the EYL University earners,
Speaker 2: they're familiar with the terms. But can you just tell
Speaker 2: the difference between a scalper, day trader and a swing trader.
Speaker 3: Yep, So a scalper somebody that's in a trade for
Speaker 3: less than eight minutes. Me I go in heavy ten
Speaker 3: twenty forty k into a train and I'm out in
Speaker 3: less than five minutes. A day trader is somebody who
Speaker 3: opens up a position, let's say at ten o'clock, and
Speaker 3: they may close that position at two pm. So a
Speaker 3: day trader they open and close a position within the
Speaker 3: same day. A swing trader is somebody that holds a
Speaker 3: position overnight. Maybe overnight or if not a couple of weeks,
Speaker 3: or if not a couple months, or if not a
Speaker 3: couple of years. That's a difference between the three different
Speaker 3: type of traders.
Speaker 2: Perfect, perfect, Javonte. We are coming to you. Mute yourself.
Speaker 2: You have been unmuted. You're talking is permitted. What's going on, Javonte?
Speaker 2: How you doing that?
Speaker 5: What's up? What's up?
Speaker 2: What's going on? Man? Mister?
Speaker 3: My question is to you, Troy. You shout it out
Speaker 3: your portfolio on market Monday or something. I can't remember
Speaker 3: what week it was, but on healthcare stocks, are you
Speaker 3: looking at healthcare?
Speaker 9: Yeah?
Speaker 2: The only the only stock that I had, and I
Speaker 2: guess within the healthcare industry was Striker, just because I've
Speaker 2: had personal conversations with Ian about Striker, so I haven't
Speaker 2: I have it on my watch list to invest in.
Speaker 2: I just want to pick the right point. That's the
Speaker 2: only one that I'm looking at right now. Okay, okay, okay,
Speaker 2: we're on the same type of vibe. Good Man, good Man,
Speaker 2: I have a good night. Man. I appreciate you.
Speaker 3: Just one comment there. When it comes to if you
Speaker 3: want to look into new stocks that are going to
Speaker 3: be primed for the next five ten years, highly recommend
Speaker 3: to look at software. Cybersecurity is definitely hot, and cybersecurity
Speaker 3: more than ever is important right now. So Palo Alto
Speaker 3: CrowdStrike is definitely hot right now. So I'll also look
Speaker 3: at companies that shut you know that definitely do AI
Speaker 3: as well.
Speaker 2: So, Chris, I was I thought you was gonna give
Speaker 2: them the top three. We actually spoke about my top three,
Speaker 2: I think maybe two weeks ago. So Alto was definitely
Speaker 2: one of them, CrowdStrike was the other, and z Scaler
Speaker 2: was my yep, yep, yep, you agree, yep, yeah, yeah,
Speaker 2: yeah for sure. All right, Well, we are coming to you.
Speaker 2: Hold on, he can't well, they said you gotta update
Speaker 2: your zoom. I'm sorry. My brother Zoom has told me
Speaker 2: you gotta get an updated version from my apologies. Well,
Speaker 2: a mayor, we are coming to you on mute yourself.
Speaker 2: You've been unmuted. What's going on?
Speaker 3: Yeah, hello, we hear you. What up though?
Speaker 5: Detroit?
Speaker 2: What up?
Speaker 3: Detroit? Yeah, Detroit, Detroit?
Speaker 2: You know you know. Also, I got a.
Speaker 13: Quick question, So, Troy, I believe it was last this Monday,
Speaker 13: past Monday, you were talking about going to Yahoo Finance.
Speaker 2: And looking at the statistics.
Speaker 13: Yo, the one stock in my porfolio that's bled down
Speaker 13: the most is a Square. And as I'm looking at
Speaker 13: their statistics, their revenue is down.
Speaker 2: Well, let me I read it right now.
Speaker 13: Yeah, it says, yeah, They're quarterly revenue is at negative
Speaker 13: twenty one. The mark profitability margin is at negative point
Speaker 13: forty six and I forgot and their net income is
Speaker 13: negative seventy six point ninety two million. And this is
Speaker 13: the one that's bled down the most and profolio at
Speaker 13: all the stocks I have. Is it a time for
Speaker 13: me to, you know, just cut the loss that I've
Speaker 13: let it go down.
Speaker 3: Like sixty percent? Or should I still hold it for
Speaker 3: the long term?
Speaker 2: You have stopped in it?
Speaker 5: Yeah?
Speaker 2: Start Yeah, Like we've said this before. I think we
Speaker 2: covered this last week as far as Square the whole
Speaker 2: industry right that the whole industry has taken a hit
Speaker 2: when we talk about fintech. Do I believe in Square still? Yeah?
Speaker 2: Do I like it at the price? I mean almost
Speaker 2: we have lost no choice at this point to like
Speaker 2: it at the price that is sat. Do we believe
Speaker 2: it in long term? I do? I still like it
Speaker 2: from payment processing. I think they have viability to be
Speaker 2: around for a while as one of the top two
Speaker 2: in that space. But yeah, we've taken a hit, So
Speaker 2: I'm holding on. I'm with you on that. I've lost
Speaker 2: money on that. I've averaged down probably more than twice already,
Speaker 2: so I'm not willing to do anything more than that.
Speaker 2: But you know, I'm holding on.
Speaker 13: Yeah, I think my average pricingding right now is like
Speaker 13: one eighty I believe you know when it was up
Speaker 13: in the two seventies, I was, but now it's like hey.
Speaker 2: Yeah, yeah, square is one of those yeah square.
Speaker 5: Square.
Speaker 2: So I'm with you, bro, I'm with you on this.
Speaker 2: But yeah, you know, my mom, if you watch market Monday,
Speaker 2: is it Obviously if you've been at y L University,
Speaker 2: you know the market pays those of a patient. And
Speaker 2: so I'm gonna I'm gonna be patient. I'm gonna lean
Speaker 2: on the side of patients, all right. Appreciate man.
Speaker 13: I'm gonna tell I'm gonna try to hold on a
Speaker 13: bit longer than man.
Speaker 2: When we when we, when we, when we pull up
Speaker 2: on the trail, you got to pull up on me, man. Yeah,
Speaker 2: we'll have a drink together and talk about how far
Speaker 2: we come. Appreciate you, broh Jay j Moe. We're coming
Speaker 2: to you. I'm mute yourself. You've been unmuted. What's going on? Peace? Peace? Family?
Speaker 2: What's going on? Everything?
Speaker 10: Good?
Speaker 2: How are you? I'm good man.
Speaker 11: I have a question for all of the newbies, that is,
Speaker 11: you know, trying to do the options trading. I've been
Speaker 11: you know, looking at this for a while. When you
Speaker 11: talk about getting into the strike price when and taking
Speaker 11: profits and stuff like that, how do you actually get
Speaker 11: out of the trade?
Speaker 2: Does that make sense? Out?
Speaker 9: Like?
Speaker 5: How do you sell? Yeah?
Speaker 11: Like like I guess, you know, say if the if
Speaker 11: I get in at strike and I guess it and
Speaker 11: it looks like it's going to close because of course
Speaker 11: if you get the options contracts out three weeks, uh
Speaker 11: out right? And then how because I'm trying to understand
Speaker 11: how it works to where of course you're working against
Speaker 11: the data, you're working against the time, but you're also
Speaker 11: trying to uh.
Speaker 2: With the stock price goal try to stay the same.
Speaker 2: So are you going to make it? Are you making
Speaker 2: a call or a put? Either one? So how do
Speaker 2: you got Well? I mean, when you want to get out,
Speaker 2: you're going to go to the actual option contract that
Speaker 2: you have. They're going to ask you if you you
Speaker 2: can choose the option you can sell and they'll tell
Speaker 2: you to ask you how much and it will ask
Speaker 2: you like sell the clothes, sell the open I would
Speaker 2: obviously put sell the clothes and pretty and you just
Speaker 2: click that button. If you're in profit you click the
Speaker 2: button and it should happen instantaneously. The only time it
Speaker 2: doesn't is like when we see things like how the
Speaker 2: game stop situation. And that's some people need to understand.
Speaker 2: When you're buying option contracts, when you're buying them, right,
Speaker 2: you're buying them from someone right, and when you're selling them, somebody,
Speaker 2: the brokerage has to buy it, and so it has
Speaker 2: to make sense. And so like when we saw a
Speaker 2: GameStop when people are up thirty forty thousand dollars and
Speaker 2: they couldn't sell it, it's because the brokerage could not
Speaker 2: fulfill that many contracts being sold for that amount. And
Speaker 2: so yeah, I mean it's it's pretty like like a
Speaker 2: one to two step sell the clothes, click it, make
Speaker 2: sure that you put it at the market, because when
Speaker 2: you're selling, you want to have it at the market.
Speaker 2: When you're buying, always suggests people put the limit and
Speaker 2: tell that's the price you want to buy it, buy it.
Speaker 11: But yeah, yeah, okay, okay, Because I was like, because
Speaker 11: I remember like a couple of days ago, I think
Speaker 11: when sea I was talking about how he got.
Speaker 2: Out of his Apple options.
Speaker 11: And I was one I was like, how does he
Speaker 11: know how to do that, you know, like how to
Speaker 11: I guess when the price off to drop, you're able
Speaker 11: to see that it's not going to hit its target,
Speaker 11: but you're already in a certain amount of profit, and
Speaker 11: you could just say, Okay, I'm going to close out
Speaker 11: right here.
Speaker 2: Yeah.
Speaker 4: I mean, it's whatever your risk tolerance is. And it's
Speaker 4: like there's really no set like rule of like this
Speaker 4: is when you have to sell. It's like, you know,
Speaker 4: just the reason why I sold a lot of my
Speaker 4: options about a month and a half ago is just
Speaker 4: I just had a strong feeling that, you know, we
Speaker 4: were headed in a downward cycle and I didn't want
Speaker 4: to lose money. I mean, I was up, I had
Speaker 4: already lost some money from what I was up previously,
Speaker 4: and I just made a calculated decision that I felt
Speaker 4: the market was headed south. And luckily I did do
Speaker 4: that because it saved me a lot of money. Yeah,
Speaker 4: but you know, it's one of these things where it's like,
Speaker 4: you know, you could be up twenty percent, you could
Speaker 4: be up fifty percent, you could be up one hundred percent.
Speaker 4: So it really just depends on what you feel comfortable
Speaker 4: walking away with. As Chris said, you can never lose
Speaker 4: by taking profit, and you can't be greedy. Sometimes we
Speaker 4: get greedy and we're up like thirty percent. We're like,
Speaker 4: all right, if I let it ride, I can be
Speaker 4: up one hundred percent. Then you go up one hundred
Speaker 4: percent like a r. If I let it ride, I
Speaker 4: can go up a thousand percent. But yeah, you can
Speaker 4: lose money very quickly in option. So you could be
Speaker 4: up eighty percent one day and then a week later
Speaker 4: you down twenty percent.
Speaker 11: So you know that's more so what I was looking for,
Speaker 11: like that answer. Yeah, okay, I get it now, okay, yeah, yeah, okay,
Speaker 11: I appreciate it. Other question, one more question is what's
Speaker 11: going on with the chips? Y'all your wraps next coming out? Well, flavors,
Speaker 11: we're getting flavors chips.
Speaker 2: Yeah, I'm looking at the raps next right now.
Speaker 5: It was good.
Speaker 2: Yeah. Yeah, we're talking to some people, some very important people.
Speaker 2: So hopefully those are hit the streets and then we'll
Speaker 2: put them inside out of in the machines as well.
Speaker 5: So very important.
Speaker 2: Then it's on top of business. Appreciate you, very important,
Speaker 2: No problem. Thanks. More questions, Yeah, I think somebody in
Speaker 2: the chair asks why do I put the limit when
Speaker 2: I'm buying, and we kind of explained it like this.
Speaker 2: If you think of options as a car dealership, right,
Speaker 2: the ask price is what the sticker price is on
Speaker 2: the car. When you go into the dealership. You don't
Speaker 2: want to pay the sticker price. You want to pay
Speaker 2: the price that you've walked in saying like this is
Speaker 2: how much I'm going to pay for this car. And
Speaker 2: so that's what the limit price is. You set the
Speaker 2: limit at what you're willing to pay for this option contract.
Speaker 2: And so sometimes it feels but you got to be patient.
Speaker 2: Sometimes it doesn't. But you got to be patient enough
Speaker 2: to say, you know what, this is my plan. This
Speaker 2: is my number. I'm not budging off this number. So
Speaker 2: keep those things in mind. And then when you're selling it,
Speaker 2: obviously you want to put the market price. It's going
Speaker 2: to be the highest price available.
Speaker 5: Yeah, taking a profit is better and taking a loss.
Speaker 2: I've seen it happen. I've been up one hundred and
Speaker 2: down ninety seven. It happens. Taking a profit is better
Speaker 2: than We don't all win every trade. All right, let's
Speaker 2: go to Kevin. Kevin. We come to you, Kevin Henry,
Speaker 2: what's going on. I'm mute yourself. You've been unmuted. There
Speaker 2: are no fridge breaks. Y'all know the rules and I
Speaker 2: haven't said guidelines, but gotlines. How y'all doing everybody good?
Speaker 2: How you doing my first time? You know, tappaningine.
Speaker 13: But I had a cursion for Chris about the strange
Speaker 13: day I would want to do it matter about the buttons.
Speaker 13: I seen one for six buttons, sixteen button, twenty one button.
Speaker 3: I think with six buns should definitely be okay. At
Speaker 3: the end of the day, it's all about your how
Speaker 3: much like how many contracts you actually buy? So me,
Speaker 3: I buy ten to fifty contracts at a time, so
Speaker 3: I set it based off those parameters. If you don't
Speaker 3: trade heavy like that, and you don't have like a
Speaker 3: very you know, entry and excess strategy, then I would
Speaker 3: say just get the six button. That should definitely suffice
Speaker 3: you're trading all right? Thank you, thank you anything.
Speaker 2: Where where you're from, man, I'm from mim I'm from Hannesbury, Mississippi.
Speaker 2: But I'm living in mything right now. I love that
Speaker 2: outside New all hundred mile outside you have it deep
Speaker 2: in the South.
Speaker 3: Yeah, appreciate it. Man.
Speaker 2: Hey, I'm gonna see y'all that events this year too.
Speaker 2: I'm told my wife I'm coming all were going up.
Speaker 2: I'm looking, cav I'm looking for you. We're going way up. Man,
Speaker 2: I'm gonna make sure you found you see me too,
Speaker 2: were going way up. I can oh, don't don't please,
Speaker 2: don't appreciate you. Thank you.
Speaker 4: Appreciate it. Brother, that's fast. Get your tickets. It's gonna
Speaker 4: be a move v V. I'm telling you right now,
Speaker 4: movie and a half.
Speaker 2: How we feeling? We feeling good? Christy feeling got over there,
Speaker 2: feeling great. Let's get it all right. Let's go to Janelle. Jane.
Speaker 2: We are coming to you? Or is it Janelle? I
Speaker 2: think so? If I got that wrong, I apologize. You know,
Speaker 2: I'm yourself. You've been unmuted. Would you go? There?
Speaker 11: You go?
Speaker 2: They had it for me, They said, I didn't know
Speaker 2: he's gonna call on me. Hey, can you hear me?
Speaker 9: Oh?
Speaker 2: Joe, what's going on you? Finally? Yeah? What's going on? Joe?
Speaker 5: Not much?
Speaker 14: Actually I didn't know you picked on me, to be honest,
Speaker 14: because I heard a different Joe name.
Speaker 2: But it's all good, Joe, Joe. Ay, what's the deal man?
Speaker 5: Much? Nothing? Much?
Speaker 14: I was actually just I'm Chris, I met you a
Speaker 14: few times.
Speaker 2: I met you in Miami.
Speaker 3: Good to see you.
Speaker 14: I'm glad all was like and good to finally get
Speaker 14: in contact with the main stairs from Eyl troyan rastadt
Speaker 14: so blessings and love to y'all. I'll get right to
Speaker 14: the question though, I just want to know for Chris,
Speaker 14: I know you were like always big on crypto.
Speaker 3: That was some of the advice you provided. You were like, hey,
Speaker 3: you know, cryptos doing his thing.
Speaker 14: But since you know the recent little mishaps, is there
Speaker 14: any like redirection you have towards like your interest, any
Speaker 14: new interest placed on certain cryptos or are you now
Speaker 14: disinterested in certain cryptos things of that nature.
Speaker 3: You definitely want to keep investing in bigcoin. Bitcoin is
Speaker 3: like the head honcho when it comes to cryptos. I'm
Speaker 3: big on Solana. I mean, it's not a secret that
Speaker 3: the banks black rocks these different hetchphones. They are definitely
Speaker 3: buying it up. Algrand is definitely one of my favorites.
Speaker 3: Polka Dot is another one of my favorites, and one
Speaker 3: that people never talk about is chain Link. I'm heavy
Speaker 3: in chain Link is actually adopted by Oracle Oracle is
Speaker 3: a big enterprise out there, and those are the ones
Speaker 3: that I'm definitely investing in and I will definitely continue
Speaker 3: investing in those as well.
Speaker 2: Gotcha, I appreciate that.
Speaker 15: And then just briefly a request for Troy and Rashad
Speaker 15: in the future, can we get a little education like
Speaker 15: regarding like setting aside money towards taxes when you're doing
Speaker 15: a day trade, because day trading as a semi profession,
Speaker 15: because I don't know if I've heard too much information
Speaker 15: about that.
Speaker 2: And I think that's pretty important for us to learn.
Speaker 2: If anything, yeah, we'll do, we'll do. Actually our CPA,
Speaker 2: miss Business shout to his business. She's our CPA. She
Speaker 2: was getting on me about about some of the exercising
Speaker 2: some of the contracts that I had at the end
Speaker 2: of the year. So that's important too. I think people
Speaker 2: need to put that into the investment strategy. Understanding if
Speaker 2: you're going to be a day trader, if you're gonna
Speaker 2: be a swing trader, that every trade that you make,
Speaker 2: if it's in profit, it will be taxed. That it's
Speaker 2: going to be short term capital games taxed. So make
Speaker 2: sure that you put that into your plans. If you're
Speaker 2: going to be taking that method of trading.
Speaker 5: Yeah.
Speaker 2: Also, also speaking of crypto, there was a I don't
Speaker 2: know everybody saw it, but you know it was in
Speaker 2: business inside earlier JP Morgan. It has backbitcoin to rise
Speaker 2: twenty eight percent and says that cryptocurrencies are now it's
Speaker 2: preferred alternative asset.
Speaker 4: Might have things changed, says a lot about the times
Speaker 4: that were, but yeah, I mean cryptocurrency is something that
Speaker 4: you know, a lot of people are new to crypto,
Speaker 4: but this is pretty common these markets and crypto. It's
Speaker 4: a lot more volatile than the stock market, and it's
Speaker 4: actually less volatile than the last time. When I first
Speaker 4: got in crypto, bitcoin had reached twenty thousand and then
Speaker 4: it dropped down to three as low as three thousand,
Speaker 4: So you know, the drop this time is bad, but
Speaker 4: it's nowhere near as bad as the drop last time.
Speaker 4: So if you in cryptocurrency, just understand that it's a
Speaker 4: long term play. Of course, you want to invest in
Speaker 4: the top cryptocurrencies, but you got to have the stomach
Speaker 4: for it, and you always want to buy low and
Speaker 4: sell high. So this is actually probably a buying opportunity
Speaker 4: when crypto currencies drop. Yeah, not all not all cryptos,
Speaker 4: because some cryptos is just not worth anything, but the
Speaker 4: strong ones. This might be an opportunity where you can
Speaker 4: actually you know, invest and then ride the next wave,
Speaker 4: because there will be a next wave, you know. Like
Speaker 4: I said, Bitcoin just got backed by JP Morgan Chase.
Speaker 5: So what does that tell you?
Speaker 3: Yeah, and just one one more thing. One thing that
Speaker 3: Sigmon just mentioned in the chat is that it's all
Speaker 3: about the use case. What's the use case behind that token?
Speaker 3: If it doesn't have a use case, you shouldn't be
Speaker 3: investing in it. The white papers is where the gold
Speaker 3: is at. You should definitely read the white paper, you know,
Speaker 3: before you actually invest into any crypto coin. So get
Speaker 3: the use case, understand it. How can businesses and enterprises
Speaker 3: actually adopted and of course you know, read the white
Speaker 3: papers and invest in it, right, Actually, you know, go
Speaker 3: to the conferences, you know, go to the webinars that
Speaker 3: they definitely hold, just to better understand exactly how that
Speaker 3: token will be used across the blockchain as well.
Speaker 5: All right, let's get one more question if we can
Speaker 5: before we are Oh so.
Speaker 2: People just ask the white so Joe said, the white paper.
Speaker 2: So the white papers, like even if you go to
Speaker 2: like Yahoo Finance, any brokers that that has stocks on it,
Speaker 2: it'll tell you about the information about the company. And
Speaker 2: so the white paper in the crypto space is the
Speaker 2: information about the company. So we're talking use case, that's
Speaker 2: where you're gonna find it. When you talk about its
Speaker 2: inception and the founders, that's where you find it. It's
Speaker 2: inside the white papers. And so, like I remember on
Speaker 2: crypto pro, which is an app that you can use
Speaker 2: to track cryptocurrencies. If you when you click on information,
Speaker 2: it'll take you through obviously the name, how many coins
Speaker 2: circulate and supply, and will say white papers. So if
Speaker 2: you click on that, it'll give you all the information
Speaker 2: about the coins, a lot of them. If you don't
Speaker 2: understand it, you shouldn't invest, right. If you don't understand it,
Speaker 2: If the use case doesn't make sense, I don't care.
Speaker 2: If somebody's like, oh this is the next thing, this
Speaker 2: is the next doge, you shouldn't invest. Make sure that
Speaker 2: you understand the use case, make sure you understand the
Speaker 2: functionality before you do. Those are the white papers.
Speaker 4: Never invest anything that you don't understand, and never invest
Speaker 4: money that you can't afford to lose, and never invest
Speaker 4: money that you need. Don't invest your rent money, don't
Speaker 4: invest your mortgage money, don't invest you know, your kids,
Speaker 4: lifelong savings and crypto.
Speaker 5: Be be smart, Be smart, please, Nancy, what's going on?
Speaker 2: You already immuted yourself? How you doing? Hey guys, I'm
Speaker 2: doing all right.
Speaker 5: How are you sound?
Speaker 2: Great?
Speaker 5: Good?
Speaker 3: Thank you? So my quick I have a quick question.
Speaker 2: I think it's a quick question for Chris.
Speaker 7: So going back to SPY and you're saying major support
Speaker 7: is three eighty seven now and actually executing the put
Speaker 7: for in the options, there's always like a list of
Speaker 7: different strikes right prices, so you have so I'm looking
Speaker 7: at one now for thirty for June twenty fourth. I
Speaker 7: know the market is closed, but I'm just using this
Speaker 7: for like a live example. So for end the money,
Speaker 7: the price ranges from three ninety eight to four to
Speaker 7: three going.
Speaker 3: Out even further.
Speaker 7: How do you pick your right the right strike price
Speaker 7: if Spy were to hit that three eighty seven level.
Speaker 3: Well every day, like let's let's you know, actually, let's
Speaker 3: do a quick exercise. What's the current price right now
Speaker 3: for SPY.
Speaker 2: Eight?
Speaker 3: Okay, so if you were to go for a three
Speaker 3: ninety eight putt, is that in the money or at
Speaker 3: the money?
Speaker 14: In the money?
Speaker 3: Okay?
Speaker 7: Why it's because that's not the exact price.
Speaker 9: Of the.
Speaker 3: Stock. You got it, right, because it already surpassed that
Speaker 3: going down. Right, If you go for a let's say
Speaker 3: you go for a three ninety five put, is that
Speaker 3: out the money or at the money? That would be
Speaker 3: out the money, right, So it really depends, right. What
Speaker 3: I would say is that before you get into that trade,
Speaker 3: you'll probably wait for it to break down. Once it
Speaker 3: breaks down and it actually holds below that three eighty
Speaker 3: seven number, that's when I will say, go ahead and
Speaker 3: go for that put. Right, And of course you could
Speaker 3: definitely swing it, But what I would do is that
Speaker 3: I'll probably go two weeks out and if you're up
Speaker 3: forty to fifty, take the profit. Why because the market
Speaker 3: right now we're down one day, up another one. We
Speaker 3: are in the middle of a war in Ukraine and Russians,
Speaker 3: so there's definitely lots of catalysts that are definitely impacting
Speaker 3: the won the levels and also the different prices. But
Speaker 3: what I will say is, first weight for that three
Speaker 3: eighty seven to be broken. If spy goes about four hundred,
Speaker 3: you best believe that we'll get back to the fro
Speaker 3: fives and then back to the four tenths.
Speaker 2: Okay, shout out to Nancy, Nancy Child out to you
Speaker 2: for getting one hundred percent on that quizards now, Yeah,
Speaker 2: thank you, We appreciate you. Shit.
Speaker 5: Oh good, So let's do this. Let's do this. First
Speaker 5: of all, shout out to everybody that watched this.
Speaker 4: And like I said, this was a lot of information,
Speaker 4: almost two hours of information, So even if you didn't
Speaker 4: fully understand everything, this should be used as a resource
Speaker 4: that you can actually go back to stop, take notes
Speaker 4: things of that nature. We want to thank Chris for
Speaker 4: his time. We're gonna give him a minute to talk
Speaker 4: as well, but definitely want to acknowledge him and thank
Speaker 4: him for his time taking time out of his day
Speaker 4: on this Wednesday evening to educate the masses. And this
Speaker 4: is gonna live on YouTube forever, so it'll probably been
Speaker 4: twenty thirty forty thousand people that actually end up seeing
Speaker 4: this video. So I'm sure that this will be a
Speaker 4: resource that a lot of people can learn from for
Speaker 4: a long period of time.
Speaker 5: That's that's the beauty with YouTube. It's archived.
Speaker 4: It'll actually also be on podcasts outlets Audio podcast outlets
Speaker 4: on Friday. So once again this is something that we
Speaker 4: do at eyl University every single week. Chris teaches two
Speaker 4: classes for us and it's in this vein as far
Speaker 4: as you know, to educate, go over charts, answer questions,
Speaker 4: and that's just from the investment side of it. Of course,
Speaker 4: we have the real estate component, we have the financial
Speaker 4: planning component. We kind of you know, built like a
Speaker 4: sh mortgage board of thefferent aspects. And then we also
Speaker 4: have you know, Infinity Groups where people who actually started
Speaker 4: groups on their own inside of the Eyo University. So
Speaker 4: you know, something that we're very very proud of and
Speaker 4: have built the community of thousands of people that you know,
Speaker 4: learn from each other, learn from professors, and actually you know,
Speaker 4: get to have a hands on learning experience. So we
Speaker 4: love to have you guys. If you are not part
Speaker 4: of Eyo University. We run a flash sale fifty percent off.
Speaker 4: I think that's going to run to the end of
Speaker 4: the holiday weekend, so you can click the link join
Speaker 4: and yeah Eyo University dot com and love to see
Speaker 4: you guys. And there's definitely a lot of stuff that
Speaker 4: we will be doing together as far as us and
Speaker 4: Chris stay tuned. You know, he's a fellow New Yorker,
Speaker 4: So that's always that's always a good thing from one
Speaker 4: of our favorite neighborhoods in the city. Yeah, you know,
Speaker 4: I got, I got, we got the Skybox indictment. So
Speaker 4: it's sir, you go to the games, you're a fan,
Speaker 4: of course, bro, of course you gotta let us know
Speaker 4: many box. Yes, yes, you'll see that big Mecedies thing
Speaker 4: pulling up like.
Speaker 3: Yes, yes, yes, definitely.
Speaker 5: But now I so I love man. So yeah, you
Speaker 5: guys joined ey University. Sign up. We love to have
Speaker 5: you as an earner.
Speaker 4: Now, Chris, can you tell them your information with the
Speaker 4: follow you on Instagram things of that nature?
Speaker 3: Yeah, definitely so Chris Romeo, Munos, Cris Romeo and and
Speaker 3: oz On on Instagram. My main account got taken down
Speaker 3: by some hackers from Pakistan, but I'm trying to get
Speaker 3: it back. But that's where you could definitely find me.
Speaker 3: And again yeah I couldn't.
Speaker 5: I couldn't find you. I couldn't find you.
Speaker 3: Yeah, and I just hit thirty K two and it
Speaker 3: got taken down. It's crazy, I'm telling you, it's crazy. Yeah,
Speaker 3: but I definitely want to say thanks to Trent Rashad
Speaker 3: the earners. I love you tons, I love teaching that.
Speaker 3: This is definitely my passion is to bring financial literacy
Speaker 3: back into our community. We definitely need it. I know,
Speaker 3: Washington Heights, Dicument, Harlem, Aara. I definitely tapped in heavy here.
Speaker 3: I do this for y'all, and I definitely want to
Speaker 3: say thank you everybody for the support and again every
Speaker 3: single day, one percent. This is definitely a marathon. This
Speaker 3: wasn't taught to us, so we got to take it
Speaker 3: day by day, learn and grow and definitely stay persistent.
Speaker 5: There you have it, ladies and gentlemen. Education at the
Speaker 5: highest level. Appreciate you. Brother.
Speaker 4: Like Wise, like Ques you guys tap in, stay safe
Speaker 4: out there, enjoy the holiday weekend, take some time to
Speaker 4: educate yourself and.
Speaker 5: Yeah, we'll see you. We'll see you soon.
Speaker 2: Thank you.
Speaker 3: Hello, all right, guys, all right, y'all,