Speaker 1: How can traders and investors take advantage of the volatility
Speaker 1: that we're seen in the market. You won't like the answer,
Speaker 1: but stop chasing the volatility and you have nothing to
Speaker 1: worry about if you buy quality. Another thing, if you're
Speaker 1: not putting in work like y'all run this year, in
Speaker 1: terms of interviews and in cre audience, I didn't know
Speaker 1: about none of them, right, they're just working. They're not like, yo, hey,
Speaker 1: guess what we're about to do. For my traders and investors,
Speaker 1: this reminds me of twenty two, So it is lock
Speaker 1: in season. If you're not putting in eight to ten
Speaker 1: hours a day on charts, you can't chase these rams.
Speaker 1: You have to hold for the long term. For my
Speaker 1: traders who are incredibly dedicated, one of my favorite targets
Speaker 1: I talked about it at the Mastermine is five hundred
Speaker 1: and twenty three points on the down and ask that.
Speaker 1: But for ninety percent of people, you shouldn't chase the volatility.
Speaker 1: It's going to lead to you being chopped as a result,
Speaker 1: because if you don't have the acumen and number of
Speaker 1: reps to be able to take advantage of it, they're
Speaker 1: gonna use you for liquidity. And I know it's not
Speaker 1: the answer that you want, but sometimes safety is the
Speaker 1: best answer if you have not put in the work
Speaker 1: that allows you to get a lion's share of profits,
Speaker 1: like I see it all the time. I don't know
Speaker 1: how long you were in communication with her to get
Speaker 1: that interview, but I'm sure it didn't happen in two weeks.
Speaker 1: I've seen people try to interview people that you guys
Speaker 1: have interviewed and they're like, man, I ain't get an
Speaker 1: answer after three weeks. I'm like, they've been talking to
Speaker 1: magic for fucking five years.
Speaker 2: It takes time.
Speaker 1: You want to be great at trading, and you didn't
Speaker 1: listen the first time. Take three hundred practice trades, look
Speaker 1: at the market every day, rainsleep, hell snow, breakup, somebody
Speaker 1: mad about your comments. Lock in okay, then you can
Speaker 1: chase volatility. Until then, invest long term into quality companies.
Speaker 1: A lot of you are getting chopped because you're chasing
Speaker 1: bullshit companies that don't have any value. Where's all the
Speaker 1: talk about quandering SMCI shot to everybody SMCI, but there was.
Speaker 2: Too much talk last year.
Speaker 1: You don't know about this one, and the qulltum stocks
Speaker 1: are gonna take over.
Speaker 2: You're just get keeping.
Speaker 1: Look at your account now rotating too, the shit that matters,
Speaker 1: and hold for a long term. I get tired of
Speaker 1: telling y'all you'r hold hold. I know it's not fun,
Speaker 1: but you're going to chase this volatility and your broker
Speaker 1: is going to liquidate your fucking account.
Speaker 2: Hold for the long term. I'll be the bad guy
Speaker 2: this year, even when they don't like your comments. Son,
Speaker 2: don't matter, don't matter. Now, I'm with you. I'm with you.
Speaker 3: And that's why it's important to stress UH solid companies
Speaker 3: that you believe in, you understand, and that you're going
Speaker 3: to be in UH for a long term. We had
Speaker 3: a call today, called me today and asked me a
Speaker 3: question and I was like, I didn't even know he
Speaker 3: was invested in the company. But I was like, look,
Speaker 3: this is why you prepare right and so you have
Speaker 3: I know some people use fibonacci, some people use support
Speaker 3: and resistance. We see good companies shoot up when they
Speaker 3: stop pulling back to different retlacement levels. This is an opportunity,
Speaker 3: right either we're going to reinvest. So when they let
Speaker 3: it come down a little further and we'll get back
Speaker 3: in so if it was an options and I got
Speaker 3: ten contracts, if it drops down to a price that
Speaker 3: I like, all right, I might add too to it
Speaker 3: if it's a strong company.
Speaker 2: Right.
Speaker 3: We talked about this at the Maximount when we were
Speaker 3: talking about Microsoft. I'm like, look, how many days am
Speaker 3: I gonna let us sit at this four hundred dayma Am,
Speaker 3: I just gonna let it sit there? And then it's
Speaker 3: off you're upset. Yeah, right, it was sitting at three
Speaker 3: ninety three. I'm like, wait, we can't. It's actually trading
Speaker 3: below the four hundred day. I think it was at
Speaker 3: like four hundred at the time. I'm like, we're just
Speaker 3: gonna let us sit here. We understand the story, We
Speaker 3: understand that this is going to be one of the
Speaker 3: top two or three, top five for sure companies in
Speaker 3: the next five years.
Speaker 2: And it's trading at this level. Well, why?
Speaker 3: And then when we break down the why you understand it,
Speaker 3: I'm like, okay, yeah, we got to grab this. It
Speaker 3: hit this point, all right, let's go. Now we've been
Speaker 3: over four hundred four a week. Let's see if we
Speaker 3: can keep going. You got to figure out where the
Speaker 3: level what you're going to buy at dolatility is tough
Speaker 3: and it's yeah, it's not easy, right, Like when you
Speaker 3: have these swings, it feels like, oh my gosh, the
Speaker 3: world's coming to them, my account's coming to you.
Speaker 2: And this is why we're not day trading.
Speaker 3: This is like what we've seen over the past three
Speaker 3: weeks is a day traders market.
Speaker 2: Absolutely. Now, for those of you there walked in what
Speaker 2: are three weeks has.
Speaker 1: Been it's it's crazy to sleep Friday and you didn't
Speaker 1: pay attention Sunday, you wouldn't have felt any effects of
Speaker 1: it at all.
Speaker 3: You know, we were sitting down, I'm watching it down.
Speaker 3: I think at one point I saw it down eleven hundred.
Speaker 3: I remember when the NAST when I went to sleep,
Speaker 3: the NASSAC was down seven hundred and fifty six points.
Speaker 3: I said, were gonna have a lot to talk about tomorrow.
Speaker 3: And then nine thirty hits and I'm like something, something's different,
Speaker 3: something's on.
Speaker 1: An agreement with Iran if.
Speaker 2: All, if it felt something something of the sorts.
Speaker 3: So to watch what transpired over the course of the day,
Speaker 3: it was pretty interesting. But yeah, stick to long term investing, right,
Speaker 3: stick to solid companies, top tier companies that lead their
Speaker 3: sector or lead a niche in their sector.
Speaker 2: Stay with those.
Speaker 1: And my last point, stop expecting rewards that you did
Speaker 1: not put in the work for everyone wants the crowd
Speaker 1: and achievement or the bag. Do you want the long
Speaker 1: nights that comes with the bag in the championship?
Speaker 2: Though most don't.
Speaker 1: It takes a lot of work to get in these
Speaker 1: positions that you guys to be able to know it
Speaker 1: like the back of my hand. It takes a lot
Speaker 1: of work. It costs friendships unfortunately, it costs personal and
Speaker 1: romantic relationships unfortunately. Lock in the great party is though,
Speaker 1: it's an amazing feeling to be able to know where
Speaker 1: the market is going to go. Before most war leaders
Speaker 1: still got to pick. You got either got to be
Speaker 1: all in, all out. So the whpeful long term you'll
Speaker 1: be good trace is yours