1 00:00:01,840 --> 00:00:05,320 Speaker 1: Low's knows that free makes everything better. That's why our 2 00:00:05,360 --> 00:00:08,280 Speaker 1: rewards members get free standard shipping on the things they 3 00:00:08,360 --> 00:00:12,039 Speaker 1: need and want. Starting at silver key status. Every day 4 00:00:12,480 --> 00:00:15,720 Speaker 1: savings for Rewards members add up fast, So why wait? 5 00:00:16,120 --> 00:00:20,799 Speaker 1: Join for free today? Loves we have you say? Not 6 00:00:20,840 --> 00:00:23,959 Speaker 1: available in Alaska, Hawaii. Exclusions and more terms apply. Loyalty 7 00:00:23,960 --> 00:00:26,680 Speaker 1: program subject to terms and conditions details at lows dot com. 8 00:00:26,720 --> 00:00:28,560 Speaker 1: Slash Shipping terms subject to change. 9 00:00:30,240 --> 00:00:33,080 Speaker 2: And this is a great gym that I need you 10 00:00:33,080 --> 00:00:35,240 Speaker 2: guys to hear from your legendary Tim Grober. 11 00:00:35,040 --> 00:00:40,400 Speaker 3: The greatest inner circle individuals are so small. Distance becomes 12 00:00:40,400 --> 00:00:44,800 Speaker 3: their best friends since from their competition, okay, distance from others. 13 00:00:45,159 --> 00:00:48,120 Speaker 3: Everyone tries to fit into a group. Okay, you're growing up. 14 00:00:48,320 --> 00:00:49,920 Speaker 3: Want to be part of this fraternity. I want to 15 00:00:49,920 --> 00:00:51,560 Speaker 3: hang out with these people. I want to hang out 16 00:00:51,600 --> 00:00:53,880 Speaker 3: over here. Who do you iidlize the most, the ones 17 00:00:53,880 --> 00:00:57,640 Speaker 3: that stand alone, the ones that create distance between you 18 00:00:57,760 --> 00:01:02,200 Speaker 3: and the competition and everybody else. Okay, you have all 19 00:01:02,240 --> 00:01:04,600 Speaker 3: your friends that they may have all started off together, 20 00:01:04,680 --> 00:01:07,920 Speaker 3: and what happens is when they know they can't keep up. Okay, 21 00:01:08,400 --> 00:01:10,720 Speaker 3: you create distance. You want them to come with you, 22 00:01:10,760 --> 00:01:12,760 Speaker 3: but they don't have the ability to, they don't have 23 00:01:12,800 --> 00:01:16,880 Speaker 3: the discipline, they don't have the sacrifice. So distance has 24 00:01:16,920 --> 00:01:21,679 Speaker 3: to become your best friend in order for you to 25 00:01:21,840 --> 00:01:24,319 Speaker 3: achieve the best at what you want to do. I 26 00:01:24,319 --> 00:01:27,080 Speaker 3: know these are completely different thoughts than when other people 27 00:01:27,160 --> 00:01:30,160 Speaker 3: tell what other people tell you surround yourself the positive people, 28 00:01:30,360 --> 00:01:32,560 Speaker 3: you know what that means. That means life face so 29 00:01:32,600 --> 00:01:34,000 Speaker 3: I can feel good about myself. 30 00:01:35,680 --> 00:01:37,080 Speaker 2: And I don't want you to cut off all of 31 00:01:37,120 --> 00:01:39,319 Speaker 2: your friends on this journey because we'll see those posts 32 00:01:39,360 --> 00:01:41,840 Speaker 2: a cut off the five people like you have to 33 00:01:41,959 --> 00:01:44,679 Speaker 2: keep your friends that are your day ones that have 34 00:01:44,720 --> 00:01:48,080 Speaker 2: been supportive. But a lot of times we want support 35 00:01:48,440 --> 00:01:50,720 Speaker 2: to go to where we need to go, but. 36 00:01:51,200 --> 00:01:52,200 Speaker 4: We don't want to do it alone. 37 00:01:52,320 --> 00:01:53,520 Speaker 2: That's why when you guys are like, hey, I need 38 00:01:53,520 --> 00:01:55,760 Speaker 2: an accountability party, I'm like, no, you need to be 39 00:01:55,800 --> 00:01:59,280 Speaker 2: accountable because if your trading buddy makes a three hundred 40 00:01:59,320 --> 00:02:01,280 Speaker 2: thousand dollars trade with you, they're not going to split 41 00:02:01,320 --> 00:02:05,480 Speaker 2: half that money with you. I'm telling you that this 42 00:02:05,560 --> 00:02:07,840 Speaker 2: is the reason why most people fail. I thought this 43 00:02:07,920 --> 00:02:09,280 Speaker 2: message was absolutely amazing. 44 00:02:10,040 --> 00:02:12,760 Speaker 5: The reason most people fail is because they give up 45 00:02:12,840 --> 00:02:17,000 Speaker 5: what they want most for what they want now. The 46 00:02:17,080 --> 00:02:19,120 Speaker 5: reason most people fail is because they give up what 47 00:02:19,160 --> 00:02:20,920 Speaker 5: they want most for what they want now. If that 48 00:02:21,040 --> 00:02:24,600 Speaker 5: was one message, it'd probably be that, like people don't 49 00:02:24,600 --> 00:02:27,400 Speaker 5: fail because they're not talented or skilled or whatever. 50 00:02:27,440 --> 00:02:29,000 Speaker 4: It's like, you give up what you want most for 51 00:02:29,080 --> 00:02:29,839 Speaker 4: what you want now. 52 00:02:30,960 --> 00:02:33,360 Speaker 2: And how many of us have ever given up what 53 00:02:33,440 --> 00:02:37,840 Speaker 2: we truly want for the short term? 54 00:02:37,880 --> 00:02:38,320 Speaker 4: We all have. 55 00:02:38,919 --> 00:02:41,720 Speaker 2: Let's make the adjustment going forward. It's twenty twenty one, 56 00:02:41,720 --> 00:02:43,640 Speaker 2: it's crazy. In nine years, will be in a new decade, 57 00:02:44,960 --> 00:02:47,560 Speaker 2: twenty ten to one. By so fast, Let's make the 58 00:02:48,200 --> 00:02:51,760 Speaker 2: choice to be dedicated and not give up the long 59 00:02:51,880 --> 00:02:53,880 Speaker 2: term goal for the short term and then for many 60 00:02:53,919 --> 00:02:57,840 Speaker 2: your twenties, let your uncles and give you some advice. 61 00:02:58,639 --> 00:03:00,519 Speaker 2: Check these tips out real quickly. We'll get back to 62 00:03:00,560 --> 00:03:01,480 Speaker 2: the investment gyms. 63 00:03:01,760 --> 00:03:04,240 Speaker 6: If you can give one piece of advice to a 64 00:03:04,280 --> 00:03:07,200 Speaker 6: guy in his early twenties, what would it be. Do 65 00:03:07,360 --> 00:03:09,840 Speaker 6: not move out of your parents' house until you've saved 66 00:03:09,919 --> 00:03:13,320 Speaker 6: up at least twenty five grand make friends and don't date, 67 00:03:13,880 --> 00:03:18,520 Speaker 6: don't date, travel, move out of your hometown, get very 68 00:03:18,560 --> 00:03:22,160 Speaker 6: acquainted with a primary care professional, get a therapist, buy 69 00:03:22,200 --> 00:03:24,560 Speaker 6: a gun, and get really good at using it. Get 70 00:03:24,600 --> 00:03:26,760 Speaker 6: a passport and get really good at using it. Go 71 00:03:26,840 --> 00:03:28,960 Speaker 6: to a gym and work for an eight pack. You 72 00:03:29,040 --> 00:03:31,040 Speaker 6: really have nothing but time. Pick up a sport and 73 00:03:31,080 --> 00:03:33,919 Speaker 6: get good at it. Stop eating like a damn ninja turtle. 74 00:03:34,400 --> 00:03:39,520 Speaker 6: Drink water, wash your ass daily. Buy three suits, a black, one, 75 00:03:39,840 --> 00:03:43,600 Speaker 6: navy blue, heather gray. Each one should be tailored. Buy 76 00:03:43,720 --> 00:03:46,320 Speaker 6: life insurance. The younger you are, the cheaper it is. 77 00:03:46,560 --> 00:03:49,920 Speaker 6: Most importantly, find and protect your peace. Remember that you 78 00:03:49,960 --> 00:03:52,640 Speaker 6: were a man before her, you were a man with her, 79 00:03:53,080 --> 00:03:54,560 Speaker 6: and now you'll be a man without her. 80 00:03:54,840 --> 00:03:55,280 Speaker 1: Good luck. 81 00:03:55,960 --> 00:03:59,800 Speaker 4: No Kevin Samuels, but fellos, go ahead. I'll put this. 82 00:04:00,440 --> 00:04:02,800 Speaker 2: I want to be on a record for this, and 83 00:04:02,840 --> 00:04:04,520 Speaker 2: there's gonna be solations, and I know people going to 84 00:04:04,560 --> 00:04:06,720 Speaker 2: say that I'm wrong. The peak for apple Stock will 85 00:04:06,760 --> 00:04:10,400 Speaker 2: be November third, twenty thirty five. So a lot of 86 00:04:10,440 --> 00:04:11,800 Speaker 2: you are like, hey, when is it run? I know 87 00:04:11,880 --> 00:04:14,440 Speaker 2: y'all gonna be like, do crazy? He don't know and 88 00:04:14,960 --> 00:04:17,839 Speaker 2: he's just making up shit. Now I'm not Apple's peak 89 00:04:18,560 --> 00:04:20,720 Speaker 2: November third, twenty thirty five. 90 00:04:22,800 --> 00:04:24,200 Speaker 4: I want to be on a record. 91 00:04:25,920 --> 00:04:28,880 Speaker 2: Hey, which was a good album on the low shout 92 00:04:28,880 --> 00:04:31,920 Speaker 2: out to Nazi. But if you guys, go copy this. 93 00:04:32,000 --> 00:04:34,360 Speaker 2: I'm coming up to the station. If one of y'all 94 00:04:34,360 --> 00:04:35,000 Speaker 2: say this on TV. 95 00:04:35,360 --> 00:04:35,880 Speaker 4: Love y'all. 96 00:04:37,920 --> 00:04:41,120 Speaker 2: Uh for those of you for futures. I know it 97 00:04:41,160 --> 00:04:44,679 Speaker 2: may be difficult, but put this in check. Your target 98 00:04:44,760 --> 00:04:47,800 Speaker 2: for the bond market should be thirty three ticks. 99 00:04:48,400 --> 00:04:48,960 Speaker 4: Here's why. 100 00:04:49,440 --> 00:04:52,120 Speaker 2: It takes the same amount of energy to hit a 101 00:04:52,120 --> 00:04:54,800 Speaker 2: big target as it does a small target. The great 102 00:04:54,839 --> 00:04:57,920 Speaker 2: thing is that ZB pays more so kudos to his 103 00:04:57,960 --> 00:05:00,760 Speaker 2: brother who hit his target, but with seven kinds and 104 00:05:01,360 --> 00:05:03,360 Speaker 2: I want you guys to multiply five hundred times seven. 105 00:05:03,400 --> 00:05:06,280 Speaker 2: That was the initial investment into the market. The payout 106 00:05:06,279 --> 00:05:08,720 Speaker 2: was seven two hundred and eighteen thousand and seventy five cent. 107 00:05:08,760 --> 00:05:11,520 Speaker 4: Great job. Thirty three tich should be your primary target 108 00:05:11,560 --> 00:05:16,159 Speaker 4: for Z and you accountability. 109 00:05:16,279 --> 00:05:18,360 Speaker 2: At one point on the show, I said AMD would 110 00:05:18,360 --> 00:05:21,160 Speaker 2: dip to sixty seven to fifty six. It didn't get 111 00:05:21,200 --> 00:05:23,719 Speaker 2: there and stopped the seventy two fifty. The crystal ball 112 00:05:23,839 --> 00:05:25,600 Speaker 2: was broken. I don't know if I didnt re calibrated 113 00:05:25,680 --> 00:05:26,880 Speaker 2: or I should have put it out when the moon 114 00:05:27,040 --> 00:05:28,000 Speaker 2: we had a full moon. 115 00:05:28,320 --> 00:05:30,680 Speaker 4: Didn't get there. My bad. Sorry, I was off by 116 00:05:30,720 --> 00:05:31,440 Speaker 4: a couple bucks. 117 00:05:31,920 --> 00:05:34,200 Speaker 2: Ian doesn't know anything right, so I want to be 118 00:05:34,240 --> 00:05:36,080 Speaker 2: accountable and say that it didn't get there. But for 119 00:05:36,120 --> 00:05:40,000 Speaker 2: those you got in in the seventies, great job and 120 00:05:40,080 --> 00:05:42,240 Speaker 2: hope for the long term going forward. 121 00:05:42,400 --> 00:05:46,479 Speaker 7: A good spot is This episode is brought to you 122 00:05:46,520 --> 00:05:49,800 Speaker 7: by PNC Bank. A lot of people think podcasts about 123 00:05:49,839 --> 00:05:53,320 Speaker 7: work are boring, and sure they definitely can be, but 124 00:05:53,520 --> 00:05:56,680 Speaker 7: understanding a professionals routine shows us how they achieved their 125 00:05:56,680 --> 00:06:01,159 Speaker 7: success little by little, day after day. It's like banking 126 00:06:01,200 --> 00:06:04,000 Speaker 7: with P and C Bank. It might seem boring to save, 127 00:06:04,160 --> 00:06:07,480 Speaker 7: plan and make calculated decisions with your bank, but keeping 128 00:06:07,520 --> 00:06:09,920 Speaker 7: your money boring is what helps you live or more 129 00:06:10,000 --> 00:06:14,280 Speaker 7: happily fulfilled life. P and C Bank Brilliantly Boring since 130 00:06:14,360 --> 00:06:18,640 Speaker 7: eighteen sixty five. 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Crypto trading is offered to 157 00:07:49,520 --> 00:07:51,920 Speaker 9: an account that Robinhood Crypto LC Robin Hunt Crypto is 158 00:07:51,960 --> 00:07:54,040 Speaker 9: license to engage in virtual currency business activity by the 159 00:07:54,080 --> 00:07:56,520 Speaker 9: New York State Department of Financial Services. Crypto healthro Robinhod 160 00:07:56,520 --> 00:07:59,360 Speaker 9: Cryptos not FDIC insured or SIPC protect. Investing in VOSS 161 00:07:59,440 --> 00:08:01,920 Speaker 9: risk including LOSSO principle securities trading is offer through an 162 00:08:01,920 --> 00:08:04,960 Speaker 9: account with robin Hood Financial LLC member SIPC a registered 163 00:08:04,960 --> 00:08:05,840 Speaker 9: broker dealer. 164 00:08:05,680 --> 00:08:08,239 Speaker 2: One two sixty two for AMD to hold long term 165 00:08:08,280 --> 00:08:10,800 Speaker 2: either five or ten years, put a one O two 166 00:08:10,800 --> 00:08:14,280 Speaker 2: sixty two in Chat. Please and kudos to my sister Deborah. 167 00:08:14,280 --> 00:08:16,200 Speaker 2: I've been telling you about it. She's been holding since 168 00:08:16,240 --> 00:08:18,680 Speaker 2: eleven when it hit the all time high. That's eleven 169 00:08:18,720 --> 00:08:22,040 Speaker 2: point one to three X from long term investment only, 170 00:08:22,040 --> 00:08:24,040 Speaker 2: no options. I want you to put in chat right now. 171 00:08:24,080 --> 00:08:27,480 Speaker 2: Long term investment is the wave. Now go ask any 172 00:08:27,520 --> 00:08:29,240 Speaker 2: day trader that you know and asks them have they 173 00:08:29,280 --> 00:08:33,080 Speaker 2: made eleven X on a trade? Most have not. You 174 00:08:33,080 --> 00:08:35,440 Speaker 2: can get the same kind of games long term investing 175 00:08:36,000 --> 00:08:38,280 Speaker 2: with a great setup that you can from day trader 176 00:08:38,400 --> 00:08:41,680 Speaker 2: and have the money working for you at the same time. 177 00:08:42,160 --> 00:08:44,480 Speaker 2: Once again, I want to say scores new JP Morgan, 178 00:08:44,800 --> 00:08:47,320 Speaker 2: please hold for the next ten years. Here are the 179 00:08:47,360 --> 00:08:51,000 Speaker 2: top twelve reasons that most traders fail, and please write 180 00:08:51,000 --> 00:08:53,679 Speaker 2: this down. Most don't have good risk to reward ratio, 181 00:08:53,720 --> 00:08:57,240 Speaker 2: So you want to risk one to make eleven write 182 00:08:57,280 --> 00:08:57,920 Speaker 2: this down. 183 00:08:58,720 --> 00:08:59,960 Speaker 4: Or risk one to make fifty. 184 00:09:00,400 --> 00:09:02,320 Speaker 2: So if you're risking two percent of your capital in 185 00:09:02,360 --> 00:09:05,120 Speaker 2: a trade, your target would then be twenty two percent. 186 00:09:06,040 --> 00:09:08,720 Speaker 2: Or if you're risking two percent and you want a 187 00:09:09,040 --> 00:09:10,960 Speaker 2: fifty X, you will be going for a target of 188 00:09:10,960 --> 00:09:14,320 Speaker 2: one hundred percent. If you stay within that ratio and 189 00:09:14,400 --> 00:09:17,120 Speaker 2: you only take forty eight trades or less per year, 190 00:09:17,160 --> 00:09:21,520 Speaker 2: as Damnar impossible if you're trading with the trend to 191 00:09:21,640 --> 00:09:24,400 Speaker 2: be able to hit the target. If you want a 192 00:09:24,400 --> 00:09:26,920 Speaker 2: four breakdown of a great book on this is called 193 00:09:26,960 --> 00:09:30,360 Speaker 2: The Complete Turtle Traders by Michael Covell. Go to chapter 194 00:09:30,440 --> 00:09:32,400 Speaker 2: five and six. If you read those two chapters and 195 00:09:32,440 --> 00:09:35,880 Speaker 2: never dB eight, you'll be fine. A lot of traders 196 00:09:35,960 --> 00:09:38,160 Speaker 2: end up blowing up their money and their account going 197 00:09:38,160 --> 00:09:40,320 Speaker 2: for a one to one risk of reward ratio and 198 00:09:40,360 --> 00:09:41,320 Speaker 2: taking too many trades. 199 00:09:41,840 --> 00:09:45,240 Speaker 4: Number two. Most have unless realistic expectations. 200 00:09:45,600 --> 00:09:46,959 Speaker 2: So when I ask a lot of you, like how 201 00:09:46,960 --> 00:09:48,320 Speaker 2: many trades are you gonna take for the year, you 202 00:09:48,440 --> 00:09:49,360 Speaker 2: like eight hundred. 203 00:09:49,480 --> 00:09:52,520 Speaker 4: I'm like you can't take eight hundred trades on a year. 204 00:09:53,280 --> 00:09:55,920 Speaker 2: You can't take five hundred and at a high level, 205 00:09:56,320 --> 00:09:58,520 Speaker 2: Rasha Troy, like in your options, how many trades are 206 00:09:58,520 --> 00:09:59,240 Speaker 2: you taken this year? 207 00:10:00,760 --> 00:10:05,760 Speaker 4: Oh? Like three? And you guys can say whatever. You 208 00:10:05,800 --> 00:10:06,959 Speaker 4: go ahead, Rashaan, go ahead and say it. 209 00:10:07,400 --> 00:10:09,719 Speaker 9: No, not a lot for me, not a lot. 210 00:10:09,880 --> 00:10:12,120 Speaker 4: And arguably they're humble about it. 211 00:10:12,160 --> 00:10:14,400 Speaker 2: I'll say it for it for them to not trade 212 00:10:14,679 --> 00:10:16,880 Speaker 2: all day every day because they running all this other 213 00:10:17,000 --> 00:10:17,640 Speaker 2: media and. 214 00:10:17,720 --> 00:10:22,839 Speaker 4: Like they'll bust your ass praise. 215 00:10:22,880 --> 00:10:25,360 Speaker 2: Selection is everything, like and if I can be honest 216 00:10:25,400 --> 00:10:27,440 Speaker 2: with you guys, when you guys are like in my 217 00:10:27,520 --> 00:10:29,600 Speaker 2: comments like what you don't know and you can't do it, 218 00:10:29,600 --> 00:10:32,559 Speaker 2: I'm like, I know, and we'll get to the emotions part. 219 00:10:32,640 --> 00:10:34,600 Speaker 2: But if you don't have your emotions in check, then 220 00:10:34,679 --> 00:10:37,000 Speaker 2: therefore your trading plan is not in check. I know, 221 00:10:37,040 --> 00:10:40,560 Speaker 2: you can't beat me because you can't stop overtrading. You know, 222 00:10:40,640 --> 00:10:43,600 Speaker 2: the people that are really good at trading, like go 223 00:10:43,679 --> 00:10:47,160 Speaker 2: watch Bono Win's interview. Bono Win did not care anything 224 00:10:47,160 --> 00:10:49,120 Speaker 2: about what I say with choice hit he stick to 225 00:10:49,200 --> 00:10:52,400 Speaker 2: us plan, put on that nice grand go about his business. 226 00:10:52,559 --> 00:10:56,040 Speaker 2: One of the greatest traders I probably ever encountered. Those 227 00:10:56,080 --> 00:10:57,880 Speaker 2: that are good at the craft don't have to declare 228 00:10:57,840 --> 00:11:00,559 Speaker 2: it to anybody else. But if you can stay within 229 00:11:00,559 --> 00:11:03,360 Speaker 2: the sweet spot of twenty four to forty eight, you'll 230 00:11:03,400 --> 00:11:05,920 Speaker 2: be good. Third, most can't manage emotions. If you can't, 231 00:11:05,960 --> 00:11:07,679 Speaker 2: I'm telling you fast and is the way to go 232 00:11:07,840 --> 00:11:09,000 Speaker 2: or do to ten miles to day. 233 00:11:09,280 --> 00:11:10,560 Speaker 4: Most don't do any research. 234 00:11:10,920 --> 00:11:13,040 Speaker 2: You need to know the stocks or features that you're 235 00:11:13,080 --> 00:11:15,199 Speaker 2: trading like the back of your hand. I could tell 236 00:11:15,240 --> 00:11:19,719 Speaker 2: you everything about ESCB, you be crewde Russell, Nastat n 237 00:11:19,920 --> 00:11:23,360 Speaker 2: K Swiss Frank Future up and down in my sleep 238 00:11:23,520 --> 00:11:25,800 Speaker 2: if only had one hour of sleep. You need to know, 239 00:11:25,960 --> 00:11:27,599 Speaker 2: like the back of your hand, that is going to 240 00:11:27,640 --> 00:11:30,760 Speaker 2: give your edge. If you're undercapitalized, you need to take 241 00:11:30,800 --> 00:11:33,960 Speaker 2: even less trades and then also work more to build 242 00:11:34,000 --> 00:11:37,760 Speaker 2: more capital because being undercapitalized put you in a position 243 00:11:38,200 --> 00:11:40,320 Speaker 2: to have to take risk your trades to build up 244 00:11:40,360 --> 00:11:42,560 Speaker 2: your account, and that's only going to favor your broker. 245 00:11:43,040 --> 00:11:45,079 Speaker 2: Most quit too early. I hate to say it, You're 246 00:11:45,120 --> 00:11:47,839 Speaker 2: not going to be good in three months. Like That's 247 00:11:47,880 --> 00:11:49,560 Speaker 2: why I'll go back and show you I was talking 248 00:11:49,559 --> 00:11:51,800 Speaker 2: about this twelve and thirteen years ago before it was cool. 249 00:11:52,360 --> 00:11:54,520 Speaker 2: It's going to take you maybe two or three years 250 00:11:54,520 --> 00:11:55,520 Speaker 2: to get really good. 251 00:11:55,679 --> 00:11:57,600 Speaker 4: To be great, it may take you five to seven. 252 00:11:57,880 --> 00:12:01,240 Speaker 2: It's like none of you you at nine years old 253 00:12:01,480 --> 00:12:03,760 Speaker 2: start playing basketball. I'm black at fourteen, I'm ready to 254 00:12:03,760 --> 00:12:05,880 Speaker 2: go to the league as great as Mikey is. I 255 00:12:05,920 --> 00:12:08,360 Speaker 2: don't think Mikey is ready for the NBA this season, 256 00:12:09,640 --> 00:12:11,880 Speaker 2: and he's probably one of the greatest high schoolers ever. Right, 257 00:12:12,360 --> 00:12:15,280 Speaker 2: you have to get acclimated with the market enough to 258 00:12:15,440 --> 00:12:17,600 Speaker 2: know what to do. But once you have that, not 259 00:12:17,640 --> 00:12:20,000 Speaker 2: many will be able to beat you. Most of undisciplined 260 00:12:20,080 --> 00:12:22,640 Speaker 2: is the number one reason why people lose. Arrogance is 261 00:12:23,040 --> 00:12:25,520 Speaker 2: a big factor in it because it's not really about 262 00:12:25,559 --> 00:12:28,200 Speaker 2: the indicator. It is about your risk to reward ratio. 263 00:12:28,520 --> 00:12:30,960 Speaker 2: Please put in chat. Risk to reward ratio is the 264 00:12:31,000 --> 00:12:34,679 Speaker 2: greatest indicator of all time. Your RSI doesn't you got 265 00:12:34,720 --> 00:12:37,880 Speaker 2: like RSI? If RSI battles that much, take the charts 266 00:12:37,960 --> 00:12:42,240 Speaker 2: off and just trade off RSI when it gets to thirty, 267 00:12:42,760 --> 00:12:45,680 Speaker 2: Watch how much you draw down short at seventy and 268 00:12:45,679 --> 00:12:46,640 Speaker 2: see how well it does. 269 00:12:46,960 --> 00:12:48,520 Speaker 4: Your risk to reward means everything. 270 00:12:48,880 --> 00:12:50,840 Speaker 2: Delusion for all of you who are like, Hey, I'm 271 00:12:50,840 --> 00:12:52,920 Speaker 2: gonna get eighty eight thousand percent returning in the year 272 00:12:53,920 --> 00:12:56,960 Speaker 2: highly unlikely end an ego is the biggest reason why 273 00:12:57,000 --> 00:12:58,800 Speaker 2: most people end up losing. 274 00:13:00,640 --> 00:13:05,520 Speaker 6: My graduates from my school being forced bad drop bag 275 00:13:05,640 --> 00:13:09,000 Speaker 6: drop my drop bad drop drops. 276 00:13:19,840 --> 00:13:23,720 Speaker 10: You just realized your business needed to hire someone yesterday. 277 00:13:24,240 --> 00:13:28,440 Speaker 10: How can you find amazing candidates fast? 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