WEBVTT - Stop Chasing Volatility Before You Get LIQUIDATED

0:00:00.120 --> 0:00:04.000
<v Speaker 1>How can traders and investors take advantage of the volatility

0:00:04.040 --> 0:00:09.399
<v Speaker 1>that we're seen in the market. You won't like the answer,

0:00:10.720 --> 0:00:13.399
<v Speaker 1>but stop chasing the volatility and you have nothing to

0:00:13.440 --> 0:00:17.279
<v Speaker 1>worry about if you buy quality. Another thing, if you're

0:00:17.400 --> 0:00:21.360
<v Speaker 1>not putting in work like y'all run this year, in

0:00:21.440 --> 0:00:24.119
<v Speaker 1>terms of interviews and in cre audience, I didn't know

0:00:24.120 --> 0:00:28.680
<v Speaker 1>about none of them, right, they're just working. They're not like, yo, hey,

0:00:28.840 --> 0:00:31.560
<v Speaker 1>guess what we're about to do. For my traders and investors,

0:00:31.600 --> 0:00:34.400
<v Speaker 1>this reminds me of twenty two, So it is lock

0:00:34.520 --> 0:00:36.959
<v Speaker 1>in season. If you're not putting in eight to ten

0:00:37.040 --> 0:00:40.800
<v Speaker 1>hours a day on charts, you can't chase these rams.

0:00:41.800 --> 0:00:43.640
<v Speaker 1>You have to hold for the long term. For my

0:00:43.720 --> 0:00:47.159
<v Speaker 1>traders who are incredibly dedicated, one of my favorite targets

0:00:47.280 --> 0:00:49.400
<v Speaker 1>I talked about it at the Mastermine is five hundred

0:00:49.400 --> 0:00:52.040
<v Speaker 1>and twenty three points on the down and ask that.

0:00:52.560 --> 0:00:55.880
<v Speaker 1>But for ninety percent of people, you shouldn't chase the volatility.

0:00:56.400 --> 0:01:00.000
<v Speaker 1>It's going to lead to you being chopped as a result,

0:01:00.320 --> 0:01:03.720
<v Speaker 1>because if you don't have the acumen and number of

0:01:03.800 --> 0:01:07.520
<v Speaker 1>reps to be able to take advantage of it, they're

0:01:07.520 --> 0:01:10.080
<v Speaker 1>gonna use you for liquidity. And I know it's not

0:01:10.120 --> 0:01:13.520
<v Speaker 1>the answer that you want, but sometimes safety is the

0:01:13.560 --> 0:01:16.240
<v Speaker 1>best answer if you have not put in the work

0:01:16.400 --> 0:01:18.679
<v Speaker 1>that allows you to get a lion's share of profits,

0:01:18.880 --> 0:01:21.120
<v Speaker 1>like I see it all the time. I don't know

0:01:21.160 --> 0:01:23.240
<v Speaker 1>how long you were in communication with her to get

0:01:23.240 --> 0:01:25.800
<v Speaker 1>that interview, but I'm sure it didn't happen in two weeks.

0:01:26.120 --> 0:01:28.399
<v Speaker 1>I've seen people try to interview people that you guys

0:01:28.400 --> 0:01:30.440
<v Speaker 1>have interviewed and they're like, man, I ain't get an

0:01:30.440 --> 0:01:32.160
<v Speaker 1>answer after three weeks. I'm like, they've been talking to

0:01:32.200 --> 0:01:33.800
<v Speaker 1>magic for fucking five years.

0:01:35.160 --> 0:01:36.000
<v Speaker 2>It takes time.

0:01:36.280 --> 0:01:38.400
<v Speaker 1>You want to be great at trading, and you didn't

0:01:38.440 --> 0:01:42.560
<v Speaker 1>listen the first time. Take three hundred practice trades, look

0:01:42.600 --> 0:01:46.720
<v Speaker 1>at the market every day, rainsleep, hell snow, breakup, somebody

0:01:46.760 --> 0:01:50.920
<v Speaker 1>mad about your comments. Lock in okay, then you can

0:01:51.000 --> 0:01:55.000
<v Speaker 1>chase volatility. Until then, invest long term into quality companies.

0:01:55.280 --> 0:01:57.320
<v Speaker 1>A lot of you are getting chopped because you're chasing

0:01:57.760 --> 0:02:01.560
<v Speaker 1>bullshit companies that don't have any value. Where's all the

0:02:01.600 --> 0:02:06.640
<v Speaker 1>talk about quandering SMCI shot to everybody SMCI, but there was.

0:02:06.600 --> 0:02:07.840
<v Speaker 2>Too much talk last year.

0:02:07.840 --> 0:02:10.040
<v Speaker 1>You don't know about this one, and the qulltum stocks

0:02:10.040 --> 0:02:10.760
<v Speaker 1>are gonna take over.

0:02:10.880 --> 0:02:12.240
<v Speaker 2>You're just get keeping.

0:02:12.560 --> 0:02:16.560
<v Speaker 1>Look at your account now rotating too, the shit that matters,

0:02:16.560 --> 0:02:18.600
<v Speaker 1>and hold for a long term. I get tired of

0:02:18.639 --> 0:02:21.760
<v Speaker 1>telling y'all you'r hold hold. I know it's not fun,

0:02:21.880 --> 0:02:25.000
<v Speaker 1>but you're going to chase this volatility and your broker

0:02:25.120 --> 0:02:28.000
<v Speaker 1>is going to liquidate your fucking account.

0:02:28.320 --> 0:02:30.200
<v Speaker 2>Hold for the long term. I'll be the bad guy

0:02:30.240 --> 0:02:33.119
<v Speaker 2>this year, even when they don't like your comments. Son,

0:02:33.639 --> 0:02:37.040
<v Speaker 2>don't matter, don't matter. Now, I'm with you. I'm with you.

0:02:37.560 --> 0:02:41.959
<v Speaker 3>And that's why it's important to stress UH solid companies

0:02:42.160 --> 0:02:44.760
<v Speaker 3>that you believe in, you understand, and that you're going

0:02:44.800 --> 0:02:47.760
<v Speaker 3>to be in UH for a long term. We had

0:02:47.800 --> 0:02:49.840
<v Speaker 3>a call today, called me today and asked me a

0:02:49.919 --> 0:02:51.840
<v Speaker 3>question and I was like, I didn't even know he

0:02:51.919 --> 0:02:54.079
<v Speaker 3>was invested in the company. But I was like, look,

0:02:54.480 --> 0:02:57.040
<v Speaker 3>this is why you prepare right and so you have

0:02:57.280 --> 0:03:00.000
<v Speaker 3>I know some people use fibonacci, some people use support

0:03:00.320 --> 0:03:04.680
<v Speaker 3>and resistance. We see good companies shoot up when they

0:03:04.680 --> 0:03:08.680
<v Speaker 3>stop pulling back to different retlacement levels. This is an opportunity,

0:03:08.800 --> 0:03:10.680
<v Speaker 3>right either we're going to reinvest. So when they let

0:03:10.680 --> 0:03:12.320
<v Speaker 3>it come down a little further and we'll get back

0:03:12.360 --> 0:03:13.799
<v Speaker 3>in so if it was an options and I got

0:03:13.800 --> 0:03:16.200
<v Speaker 3>ten contracts, if it drops down to a price that

0:03:16.240 --> 0:03:18.440
<v Speaker 3>I like, all right, I might add too to it

0:03:18.480 --> 0:03:19.560
<v Speaker 3>if it's a strong company.

0:03:19.919 --> 0:03:20.079
<v Speaker 2>Right.

0:03:20.280 --> 0:03:22.880
<v Speaker 3>We talked about this at the Maximount when we were

0:03:22.880 --> 0:03:25.200
<v Speaker 3>talking about Microsoft. I'm like, look, how many days am

0:03:25.200 --> 0:03:27.680
<v Speaker 3>I gonna let us sit at this four hundred dayma Am,

0:03:27.680 --> 0:03:30.079
<v Speaker 3>I just gonna let it sit there? And then it's

0:03:30.440 --> 0:03:33.480
<v Speaker 3>off you're upset. Yeah, right, it was sitting at three

0:03:33.560 --> 0:03:36.160
<v Speaker 3>ninety three. I'm like, wait, we can't. It's actually trading

0:03:36.200 --> 0:03:37.960
<v Speaker 3>below the four hundred day. I think it was at

0:03:38.000 --> 0:03:40.120
<v Speaker 3>like four hundred at the time. I'm like, we're just

0:03:40.120 --> 0:03:42.440
<v Speaker 3>gonna let us sit here. We understand the story, We

0:03:42.560 --> 0:03:44.080
<v Speaker 3>understand that this is going to be one of the

0:03:44.120 --> 0:03:46.640
<v Speaker 3>top two or three, top five for sure companies in

0:03:46.640 --> 0:03:47.520
<v Speaker 3>the next five years.

0:03:47.840 --> 0:03:49.800
<v Speaker 2>And it's trading at this level. Well, why?

0:03:49.840 --> 0:03:51.680
<v Speaker 3>And then when we break down the why you understand it,

0:03:51.680 --> 0:03:53.520
<v Speaker 3>I'm like, okay, yeah, we got to grab this. It

0:03:53.600 --> 0:03:55.560
<v Speaker 3>hit this point, all right, let's go. Now we've been

0:03:55.560 --> 0:03:57.160
<v Speaker 3>over four hundred four a week. Let's see if we

0:03:57.200 --> 0:03:59.680
<v Speaker 3>can keep going. You got to figure out where the

0:03:59.760 --> 0:04:02.360
<v Speaker 3>level what you're going to buy at dolatility is tough

0:04:02.400 --> 0:04:06.360
<v Speaker 3>and it's yeah, it's not easy, right, Like when you

0:04:06.440 --> 0:04:09.440
<v Speaker 3>have these swings, it feels like, oh my gosh, the

0:04:09.480 --> 0:04:11.160
<v Speaker 3>world's coming to them, my account's coming to you.

0:04:11.160 --> 0:04:12.560
<v Speaker 2>And this is why we're not day trading.

0:04:12.840 --> 0:04:14.960
<v Speaker 3>This is like what we've seen over the past three

0:04:14.960 --> 0:04:16.400
<v Speaker 3>weeks is a day traders market.

0:04:16.880 --> 0:04:20.760
<v Speaker 2>Absolutely. Now, for those of you there walked in what

0:04:20.800 --> 0:04:21.760
<v Speaker 2>are three weeks has.

0:04:21.720 --> 0:04:25.360
<v Speaker 1>Been it's it's crazy to sleep Friday and you didn't

0:04:25.360 --> 0:04:27.920
<v Speaker 1>pay attention Sunday, you wouldn't have felt any effects of

0:04:28.000 --> 0:04:29.040
<v Speaker 1>it at all.

0:04:30.680 --> 0:04:33.960
<v Speaker 3>You know, we were sitting down, I'm watching it down.

0:04:34.120 --> 0:04:36.200
<v Speaker 3>I think at one point I saw it down eleven hundred.

0:04:36.240 --> 0:04:37.960
<v Speaker 3>I remember when the NAST when I went to sleep,

0:04:37.960 --> 0:04:40.360
<v Speaker 3>the NASSAC was down seven hundred and fifty six points.

0:04:40.720 --> 0:04:42.600
<v Speaker 3>I said, were gonna have a lot to talk about tomorrow.

0:04:42.760 --> 0:04:46.360
<v Speaker 3>And then nine thirty hits and I'm like something, something's different,

0:04:46.920 --> 0:04:47.359
<v Speaker 3>something's on.

0:04:47.680 --> 0:04:50.000
<v Speaker 1>An agreement with Iran if.

0:04:50.600 --> 0:04:53.920
<v Speaker 2>All, if it felt something something of the sorts.

0:04:54.640 --> 0:04:56.960
<v Speaker 3>So to watch what transpired over the course of the day,

0:04:56.960 --> 0:05:02.279
<v Speaker 3>it was pretty interesting. But yeah, stick to long term investing, right,

0:05:02.400 --> 0:05:06.760
<v Speaker 3>stick to solid companies, top tier companies that lead their

0:05:06.800 --> 0:05:09.560
<v Speaker 3>sector or lead a niche in their sector.

0:05:10.600 --> 0:05:11.560
<v Speaker 2>Stay with those.

0:05:11.560 --> 0:05:16.200
<v Speaker 1>And my last point, stop expecting rewards that you did

0:05:16.240 --> 0:05:20.320
<v Speaker 1>not put in the work for everyone wants the crowd

0:05:20.360 --> 0:05:23.960
<v Speaker 1>and achievement or the bag. Do you want the long

0:05:24.120 --> 0:05:27.160
<v Speaker 1>nights that comes with the bag in the championship?

0:05:27.200 --> 0:05:29.719
<v Speaker 2>Though most don't.

0:05:30.120 --> 0:05:31.920
<v Speaker 1>It takes a lot of work to get in these

0:05:31.960 --> 0:05:34.280
<v Speaker 1>positions that you guys to be able to know it

0:05:34.320 --> 0:05:36.839
<v Speaker 1>like the back of my hand. It takes a lot

0:05:36.880 --> 0:05:40.960
<v Speaker 1>of work. It costs friendships unfortunately, it costs personal and

0:05:41.080 --> 0:05:46.400
<v Speaker 1>romantic relationships unfortunately. Lock in the great party is though,

0:05:46.400 --> 0:05:47.840
<v Speaker 1>it's an amazing feeling to be able to know where

0:05:47.839 --> 0:05:50.000
<v Speaker 1>the market is going to go. Before most war leaders

0:05:49.960 --> 0:05:52.599
<v Speaker 1>still got to pick. You got either got to be

0:05:52.640 --> 0:05:56.440
<v Speaker 1>all in, all out. So the whpeful long term you'll

0:05:56.480 --> 0:05:58.240
<v Speaker 1>be good trace is yours