February 26, 2025 • 27 mins
What if losing everything was the best thing that ever happened to you? In this episode of UNCHARTED, we dive into the raw reality of hitting rock bottom—whether it's financial ruin, a business collapse, a breakup, or a life-changing crisis. But here’s the truth: every successful person has faced a moment where they had nothing to lose. The difference? Some used it as fuel to build an empire. Others let it destroy them. So, when you're standing at the edge, will you freeze in fear—or take the biggest leap of your life?
We break down why playing it safe is the real risk, how Silicon Valley’s obsession with "predictable success" is killing innovation, and what happens when frenemies, trolls, and even so-called friends start circling the moment you stumble. From Walt Disney’s bankruptcy to Elon Musk nearly losing Tesla and SpaceX, history proves that failure isn’t final—it’s a decision point. The ones who come back stronger? They know that breakdowns are often the beginning of breakthroughs.
But here’s the real kicker—"nothing to lose" is only an advantage if you know how to use it. This episode isn’t just about motivation; it’s a wake-up call. Whether you’re facing your own collapse or just feel stuck, this is your moment to shift into high gear. So buckle up—because while the world watches from the sidelines, you’re about to drive straight into your next big move.
Ready to embrace your financial journey? Subscribe, share, and leave a review to help others find their path too!
FIND LISA N EDWARDS & MORE:
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Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Lisa (00:32):
Welcome to Uncharted, the podcast that rips the map right
out of your hands and forces youto think differently about
money, crypto, psychology andsuccess.
I'm Lisa Ann Edwards, a cryptotrader, investor and
entrepreneur with over 25 yearsin traditional markets.
With five multi-million dollarbusinesses under my belt, I've
navigated bull runs, crashes,pumps, scams, dumps, and I'm
(00:57):
here to give you the brutaltruth about building wealth in a
world that never stops changing.
But that's not all.
Before crypto, I lived in aworld where money wasn't real.
Hollywood Well, the Australianversion.
As a former talent agent andnow writer and film producer,
I've seen firsthand how thepower and influence manipulation
shape the way we think aboutsuccess.
(01:18):
The game is rigged, but only ifyou play by their rules.
In this show, we go deep intothe psychology of money, expose
how the system really works andgive you the tools to build your
own wealth.
And because life isn't aboutnumbers, we'll take a few
detours into travel, luxury andhacking the system to live on
(01:38):
your own terms.
So if you're ready to breakfree from financial lies,
trading myths and mindsets thatkeep you broke, you're ready to
break free from financial lies,trading myths and mindsets that
keep you broke, you're in theright place.
This is Uncharted.
Let's get started.
So what if you had nothing tolose?
That's what today's episode isabout.
So what if I told you that allthe biggest traders, the most
(02:01):
successful investors and thewealthiest people in the world
all started from nothing, thatexact same place.
But here's a twist havingnothing to lose is actually your
biggest advantage.
I want you to sit with this fora second.
So if you had no money rightnow, no capital, no way to
invest, what would you do?
(02:22):
Most people would say I'd waituntil I had the money to start.
That's why most people staybroke.
So today I'm going to show youwhy having nothing to lose is
actually your greatest edge intrading, investing and life.
The psychology of having nothingto lose is fascinating.
So there's this old story, oneof my favorites, about Hernan
(02:46):
Cortes.
I probably butchered his name.
He's a Spanish conquistador,and when we say his, him and his
men arrived in Mexico.
The journey was dangerous andthe odds were against them.
So what did he do?
He burnt the ships.
No retreat, no safety net.
Only one option go forward andwin.
(03:08):
And here's how this applies toyou.
So right now, you might havenothing no money, no
opportunities, no way to getahead.
But here's what you have to dono fear of losing money, no
emotional baggage from pasttrades, no false sense of
security.
So do you know how powerfulthat is?
Most traders trade with fearfear of loss, fear of missing
(03:30):
out, fear of looking stupid.
That's why they fail.
But you, you're already freefrom all those fears.
If you embrace that, you becomedangerous in the best way
possible.
Think about this Money doesn'tmake a trader, knowledge does.
So let's test something.
If I gave you 10,000 right now,would you know exactly how to
(03:52):
trade it and make profit?
If your answer isn't a hundredpercent yes, then money isn't
your problem.
The real problem is you haven'tbuilt the skill yet.
So money follows skill, skillfollows knowledge and knowledge
follows action.
Most people want to skip tothis process and they think they
need money to learn to trade.
(04:15):
Wrong you don't need money toget knowledge, and knowledge is
free if you know where to look.
So how to start trading withzero money, let's get tactical.
So if you have no money, here'sexactly how you start.
Let's go through the steps.
So, step one paper trade likeit's real money.
(04:36):
Open a free demo account onTradingView, tradeovate,
interactive Brokers trade likeit's real money.
If you can't grow a demoaccount, don't use real money.
Study one strategy until youmaster it.
Don't chase every indicator.
Pick one strategy EMAcrossovers, supply and demand,
(04:59):
price action back.
Test it.
Trading View will let you dothis.
Track your results.
Prove how it works before youuse real money.
Build a side hustle that fundsyour trading.
Trading is high risk game, soif you're broke, your first
priority is getting capital.
Find a side hustle freelancing,flipping items, content
(05:19):
creating.
Use your first thousand dollarsnot not to gamble, but to
deploy a proven strategy.
Surround yourself with traderssmarter than you.
Join trading communities, likeGetting Started in Crypto.
Learn from people who actuallytrade, not just tweet about it.
Success isn't built onisolation, so who you learn from
(05:41):
depends on how you grow.
Only trade what matters.
Most people think trading startswhen you have money, but it
actually starts when you make adecision.
If you're waiting for theperfect time to start, you're
going to be waiting forever.
And let's be brutally honestAre you going to sit on the
sidelines waiting or are yougoing to make your first smart
(06:02):
trade today?
Because here's the truth Ifyou're not serious about
learning the game when you havenothing, you won't be serious
when you have something.
The difference between winningtraders and losing traders isn't
money.
It's knowledge, execution andmindset.
You don't need a fat bankaccount to start.
You need a relentless hunger tomaster the game.
(06:24):
So when nothing to lose becomesa threat, the most dangerous
person in the world is the onewho has nothing to lose.
So that's by Tupac Shakur.
So this quote hits hard becauseit's both advantage and a
warning.
So let's flip the perspectivesfor a second.
(06:46):
Having nothing to lose can makeyou fearless, but it also makes
you reckless.
Think about that.
Some of the most desperatedecisions in history have been
made by people who felt they hadno way out.
Wars have started, markets havecrashed, entire empires have
fallen and in trading that samenothing to lose mindset can be a
(07:09):
powerful edge or your greatestdownfall.
So let's have a look at thedark side of nothing to lose.
So I've seen too many timessomeone with no capital, no
experience and no patience jumpsinto the market thinking what's
the worst thing can happen.
They start gambling instead oftrading.
They yolo into the latestmemcoins, hoping for a miracle.
(07:33):
Sometimes they get lucky.
They go all in on leverage,thinking one trade will change
their life.
They don't have a stop loss andthey chase losses doubling down
after a bad trade and they blowup their account.
And the worst part, they don'tstop until they have nothing
left.
Nothing, because having nothingto lose isn't just about money.
(07:56):
It's about your time wasted onpoor decisions.
It's about mental healthwrecked by stress and
desperation.
It's your credibility destroyedwhen you make reckless moves.
So this is why desperate traderslose.
They don't see losing controlis worse than losing money.
So history proves when nothingto lose destroys empires.
(08:22):
So think of this the fall ofRome wasn't taken down by wealth
.
It was taken down by economiccollapse, debt, desperation.
And when the empire startedlosing power, leaders made
irrational decisions inflatingthe currency, overtaxing people,
weakening their armies.
And they had nothing left tolose and they lost everything.
(08:45):
So, the 2008 global financialcrisis, banks started making
riskier and riskier bets becausethey felt untouchable.
And when the market startedcrashing, instead of cutting
losses, they doubled down,throwing money at toxic assets
covering bad trades and, worse,their nothing to lose mindset
crashed the entire globaleconomy.
(09:06):
So Lehman Brothers last stand,so they could have cut their
losses early, instead of theyrisked everything on failing
mortgage-backed securities.
So why?
Because they believed there wasno other way out.
That decision ended theircompany.
So we need to think of the bigshort here.
The difference between a risktaker and a reckless trader is
(09:30):
the choices.
So the smart trader seesnothing to lose as an
opportunity to learn, buildskills and take a calculated
risk.
The reckless trader usesnothing to lose as an excuse to
gamble, chase losses, ignorestrategy.
One becomes dangerous in apowerful way and the other one
self-destructs.
Which one are you?
So let's look at how to usenothing to lose in the right way
(09:55):
.
So if you're feeling like youhave nothing to lose, use it as
an edge, not as a death sentence.
And here's how Think long term,not short term.
Don't chase get rich quickschemes.
Build sustainable tradingstrategy.
Turn desperation intodiscipline.
So set some rules for yourselfrisk limits, stop losses, trade
(10:20):
size caps, how you're going totrade.
If you can't control yourselfnow, you won't when you have
money.
So use the time wisely.
Study the markets obsessivelyLike your life depends on it.
It probably does.
Treat every trade as a learningexperience.
Surround yourself withsuccessful traders.
Stop taking advice from peoplewho are just as broke as you and
(10:44):
get into communities and focuson real strategies.
If you had nothing to lose, howwould you use it in that moment?
Every successful person has hadthat moment where they felt
they had nothing to lose nomoney, no stability, no clear
way forward.
It could be businessrelationship.
Some turned into that momentthe foundation of an empire and
(11:08):
they took an upgrade package,like when you see leather seats
on your new car.
Don't just accept the breakdown.
They rebuilt with better parts.
Maybe they got a business coachtherapy.
They used failure as a fuel forthe setbacks as strategy and
losses as lessons.
They came back with more power,more resilience and a sharper
(11:32):
vision.
So others let it break them.
Don't let that be you.
They saw failure as the end andnot as the reset.
They let fear keep them parkedon the side and while the others
sped ahead.
So they stayed stuck becausethey had no way out.
But because they not, becausethey didn't have a no way out
(11:53):
sorry, they refused to take.
Take the wheel.
Nothing to lose is the momentyou decide put it into high gear
, like this thing has six gears.
It's a manual.
I'm driving it and I'm livingthe life I love.
Sorry, gen Z, most of you willnever get that because you don't
know what a manual car is.
You live in an automatic world.
(12:13):
It's push button, instantresults.
Turn up the sports event, youknow, get a participation medal.
What is that?
Ask AI.
Get an answer.
You have to shift, you have togrind the gears, you have to
know when to downshift and whento put the foot to the floor.
(12:36):
And right right now, if you'reat nothing to lose, at that
moment you're sitting in thedriver's seat.
So get driving.
What's it going to be?
Stall the car horns blaring atyou to move, or you're going to
take control of that steeringwheel and start driving.
So if you're listening to thisand it feels like your world is
(12:56):
crumbling, whether it's yourfinances, business relationships
or even your health, payattention, because this might be
the most important part of yourlife.
Will you take calculated risksand turn this into a
breakthrough, or will you makethese reckless moves that cost
you even more?
Nothing to lose can be yourgreatest weapon or your biggest
(13:18):
downfall.
The choice is yours.
Is rock bottom a place ofdestruction or creation?
You, and only you, get tochoose.
Ever notice how some people hitrock bottom and never get back
up, and while others rise fromthe ashes more vigorously than
ever, getting tongue twisted?
Same situation, same pain, samesense of nothing to lose.
(13:42):
So why do some turn disasterinto a launch pad for success,
while others get trapped in thewreckage?
Because rock bottom is a placeof choice, do you let it bury
you or do you use it as thefoundation to build something
new?
So your business is going intobankruptcy.
(14:02):
What do you do right now?
So here's something most peopledon't want to hear Failure
isn't always the end.
It's often the beginning ofsomething bigger.
Think about Silicon Valley.
For years, the biggest techbreakthroughs came from people
who took insane risks Steve Jobs, elon Musk, jeff Bezos.
(14:25):
These were people willing tofail massively and did so
because they understoodsomething most don't Playing it
safe kills innovation.
But lately the startup worldhas become obsessed with safe,
predictable incremental returns,staying in their lane, likely
now to have a board of olddinosaurs looking after some
(14:47):
rich investors.
And what has happened?
A decade of stagnation, fewertruly transformative companies,
fewer groundbreaking innovations, all because the fear of
failure is now greater than thehunger for success.
That sounds like it should be apodcast or a little bit, and
maybe I'll do it that later downthe track.
(15:10):
But now let's bring this back toyou and your business.
If you're facing bankruptcy, ifyour business is on the verge
of collapse, ask yourself wereyou playing it too small?
Did you take the kind of risksthat could actually change the
game, or did you play it safeand get stuck in the slow death
of mediocrity?
(15:30):
Because, let's be honest, bigfailures often lead to the
biggest comebacks.
So if you survive a moment,you'll be forced to innovate,
pivot, evolve.
This could be your chance tobuild something 10 times bigger
than what you just lost.
And here's the part no onewarned you about the trolls.
(15:50):
Anyway, the moment you fail,the vultures come out.
The moment you're down, thepeople who never built anything
themselves will be your loudestcritics.
They're going to be here Socialmedia trolls, ex-business
partners, even people who oncecalled friends.
They're all having something tosay or they will secretly judge
(16:15):
you.
Why?
Because they were jealous ofyour success and that failure
made them more comfortable.
I knew that would happen.
You made them more comfortable.
I knew that would happen.
They were never that smart tobegin with.
You've heard it all.
So do you ever notice how thefirst people to speak up when
you fail are the ones who werethe quietest when you were
(16:36):
winning?
Think about those people in yourlife frenemies, fake supporters
, people who smiled at your facebut they never really clapped
and they stabbed you in yourback, and they were gossiping
about you.
You probably heard it.
I guarantee they were gossipingabout you.
These are the ones to watch.
(16:57):
Do they deserve front row seatin your life?
Let's be real.
Your wins made them insecure.
Your ambition reminded them ofeverything they weren't doing,
and now your struggle makes themfeel comfortable.
It justifies their decision toplay it safe.
They could celebrate.
They couldn't celebrate whenyou were rising, but they'll
(17:19):
gladly whisper when you fall.
But here's what they don'trealize Failure isn't unless you
quit.
That's why one of my favoritequotes is you never fail until
you stop trying.
So ask yourself are you givingup or are you trying again?
Let them talk, let them judge,let them feel comfortable being
(17:39):
average, because while they staystagnantant, you're about to
rebuild bigger, smarter,stronger than ever.
And here's what you need toremember the people talking
behind your back are mostusually the ones who have done
the least.
You don't see billionaires onTwitter I mean like on X
replying mocking people who fail.
(18:00):
You don't see entrepreneursdragging others through the mud
because people who build don'thave the time entrepreneurs
dragging others through the mudbecause people who build don't
have the time to hate.
They are busy creating,innovating, pushing their limits
.
They are busy failing forward,learning from mistakes and
making their next move.
They are busy turning setbacksinto comebacks, while critics
stay stuck in the same place.
(18:21):
I love let's go back to failingforward, because failing
forward is a lesson in disguise.
Failing forward means you'restill moving.
It means you're learning,adapting, getting stronger.
It means every single misstepis just another step closer to
success.
So people who fear failure staystuck, people who embrace and
(18:42):
fail forward until they win.
This isn't just about businessway of living.
It's about thinking,relationships, because if you
don't grow and evolve, they die.
They stay stuck and that's whypeople always look outside.
Remember the loudest voices inthe room are rarely the ones
doing the work, because realbuilders are focused on building
only the ones who've nevertaken risks, obsessed with
(19:05):
laughing at those who do so.
If you're facing businesscollapse, remember your trolls
won't build your comeback.
You will.
Your haters won't fix yourmistakes you will.
Your next move isn't aboutproving them wrong.
It's about proving yourselfright.
So most people see bankruptcyas the end.
The smartest entrepreneurs seeit as a reset.
(19:27):
The real question isn't whathave I lost, it's what do I
build next?
Let's look at some of thepowerful, most richest people in
the world, the CEOs who lost itall and came back bigger.
This is going to inspire you ifyou're in this situation.
So I don't know if you need tohear it, but these biggest names
(19:50):
went broke before they becamebillionaires.
So take Walt Disney.
Yeah, the guy who built thebiggest entertainment empire in
the world.
You know, before Disneyland,before, before Mickey Mouse,
before he became a global icon,he lost everything.
His animation company,laugh-o-gram Studios, went
bankrupt in 1923.
(20:10):
So most people would have givenup right there.
But Disney, he took loss as alesson.
He packed his bags, he rebuiltfrom scratch.
And here's where it getsinteresting.
So I learned a story whileliving in Denmark and visiting
this magical place.
Disney just didn't dream upDisneyland out of thin air.
He actually visited TivitliGardens in Denmark, one of the
(20:32):
oldest amusement parks in theworld and he saw what worked and
he saw what didn't.
And instead of copying it, hetook the core idea an immersive,
magical experience and he madeit bigger and better and
uniquely his own.
And that's what visionaries do.
They don't just bounce back,they innovate.
They don't just rebuild, theycreate something the world has
(20:53):
never seen before.
So next time you think losingeverything means you're done.
Remember this Disney wentbankrupt before he built an
empire.
Your biggest setback may be thesetback before your greatest
comeback.
Then let's jump to Elon Musk.
Look at him now.
Do you remember after he soldPayPal?
I can't talk PayPal.
(21:16):
His next business was Telstraand SpaceX.
So Telstra was on the verge ofcollapse.
Spacex had three failed rocketlaunches burning through
hundreds of millions, and Muskhad to borrow money to pay rent.
So most people they would havewalked away.
And Musk had to borrow money topay rent.
So most people they would havewalked away played it safe.
But he bet on himself becausehe had nothing to lose.
(21:37):
Now, tesla is worth over $600billion.
Space exchange, space industryforever Same story, different
mindset.
So, because I'm me, let's lookto relationships, breakup,
divorce, where nothing to loseis everything to gain.
So let's talk about somethingmost people don't talk about in
(22:00):
podcasts.
Yes, relationships, and this isbecause I'm purely fascinated
about it.
Have you noticed that somepeople completely lose
themselves after a breakup,while others see it as a
stepping stone and becoming thebest version of themselves?
Divorce, heartbreak, betrayal.
It feels like your entire worldis ending, like you've lost
(22:21):
time, trust and the future.
And you thought the future, youthought you had so, but here's
the truth.
Sometimes it's the best thingthat can happen to you.
And losing someone who washolding you back, here's the
twist.
What if they weren't the toxicone?
What if you were?
How many people stay in a toxicrelationship because they're
afraid of change or, worse,refuse to change themselves?
(22:45):
Okay, light bulb moment.
This works both ways.
Some people cling to the wrongperson out of fear of being
alone.
Others sabotage the rightperson because they face their
own demons.
They refuse to do that, not,they do.
What if the problem wasn't thatyour partner was holding you
back but you weren't ready togrow.
(23:07):
What if you're the one who wasemotionally unavailable,
reactive and pushing them away?
If you don't get therapy andyou don't do the inner work, if
you don't take accountability,you'll keep repeating the same
cycle, no matter who you're with.
This happens in business aswell, because healing isn't just
(23:28):
about cutting off toxic people.
It's about making sure you'renot the toxic one walking into
somebody else's life or business.
Maybe they weren't the rightperson, maybe you weren't ready
to be the right person for them,and until you fix it, you'll
never break that cycle.
So apply this to bothrelationships and business.
How many people never chasetheir dreams because they're
(23:52):
trying to please a partner whodoesn't believe in them?
So the pain of losing someonethat can either break you or
push you to that next level.
Because you've probably heardJeff Bezos right, the Amazon
founder.
He was richest man in the worldat one point, but do you know
what he did after his25-year-old marriage?
(24:13):
25-year-old marriage, 25-yearmarriage.
Apart from getting a reallyyoung girlfriend, he reinvented
himself, started new ventures,doubled down on his vision.
He didn't let it destroy him,he let it fuel him and in a
health emergency facing near,near death.
We hear people say you knowyou've met somebody in a major
(24:37):
health crisis or a scare andthey've come out completely
different.
You know cancer, heart attack,drug overdose, near death
experience.
It's wild how many people sayit wasn't until that moment that
I actually started living.
They quit jobs they hate, theystop wasting time on people who
drain them and they finallypursue their passions, invest in
(24:59):
themselves and take risks,because once you face death,
everything seems small.
I'll never forget when I had myappendix moved last year, like
it wasn't a massive life ordeath situation.
But let me tell you, lying inthat hospital bed feeling
helpless, watching the worldmove on without you hit me.
You can't afford to waste yourlife waiting for the perfect
(25:23):
time.
You can't keep playing smallbecause of fear.
One day you're going to run outof time.
Nobody knows how long they'vegot.
So here is my podcast, which Istarted and gave up on, and it's
back.
So you were going to wait.
Am I going to wait until lifeforces me to change, or are you
going to choose transformationon your own terms?
(25:44):
Because having nothing to losedoesn't mean you should throw
everything away.
It means you have the power tomake the smartest move of your
life.
So what's that going to be?
Sometimes, the best thing thatcan happen to you is losing
everything you thought youneeded.
Losing money, losing a job,losing a relationship, losing
(26:05):
the version of yourself thatplayed it safe.
Because when you have nothingto lose, you have everything to
gain, and if you make the rightmoves, you're going to win.
But here's the truth no onetalks about.
It's not just about cutting outtoxic people.
It's about making sure youaren't the toxic one.
(26:25):
It's not just about bouncingback from failure.
It's about learning the lessonso you don't repeat it.
It's not just about startingover.
It's about choosing to dothings differently this time.
If you're in a place right nowwhere it feels everything is
falling apart, good, this isyour reset button, your launch
(26:47):
pad.
But the question is will youuse this moment to build your
next empire or will you let itbury you?
That choice is yours.
So if this episode hit home anddon't just sit there, take
action.
And if you're ready to jumpinto crypto, check out
gettingstartedincryptocom.
And if you want more of thesedeep dives into trading, wealth,
(27:09):
mindset and the hidden forcesrunning the world, make sure
you've subscribed to Uncharted.
Thank you for listening, andthis is only the beginning.
Now get out there and make yournext move, the smartest one
you've ever made.
Welcome to Uncharted, the podcast that rips the map right
out of your hands and forces youto think differently about
money, crypto, psychology andsuccess.
I'm Lisa Ann Edwards, a cryptotrader, investor and
entrepreneur with over 25 yearsin traditional markets.
With five multi-million dollarbusinesses under my belt, I've
navigated bull runs, crashes,pumps, scams, dumps, and I'm
(00:57):
here to give you the brutaltruth about building wealth in a
world that never stops changing.
But that's not all.
Before crypto, I lived in aworld where money wasn't real.
Hollywood Well, the Australianversion.
As a former talent agent andnow writer and film producer,
I've seen firsthand how thepower and influence manipulation
shape the way we think aboutsuccess.
(01:18):
The game is rigged, but only ifyou play by their rules.
In this show, we go deep intothe psychology of money, expose
how the system really works andgive you the tools to build your
own wealth.
And because life isn't aboutnumbers, we'll take a few
detours into travel, luxury andhacking the system to live on
(01:38):
your own terms.
So if you're ready to breakfree from financial lies,
trading myths and mindsets thatkeep you broke, you're ready to
break free from financial lies,trading myths and mindsets that
keep you broke, you're in theright place.
This is Uncharted.
Let's get started.
So what if you had nothing tolose?
That's what today's episode isabout.
So what if I told you that allthe biggest traders, the most
(02:01):
successful investors and thewealthiest people in the world
all started from nothing, thatexact same place.
But here's a twist havingnothing to lose is actually your
biggest advantage.
I want you to sit with this fora second.
So if you had no money rightnow, no capital, no way to
invest, what would you do?
(02:22):
Most people would say I'd waituntil I had the money to start.
That's why most people staybroke.
So today I'm going to show youwhy having nothing to lose is
actually your greatest edge intrading, investing and life.
The psychology of having nothingto lose is fascinating.
So there's this old story, oneof my favorites, about Hernan
(02:46):
Cortes.
I probably butchered his name.
He's a Spanish conquistador,and when we say his, him and his
men arrived in Mexico.
The journey was dangerous andthe odds were against them.
So what did he do?
He burnt the ships.
No retreat, no safety net.
Only one option go forward andwin.
(03:08):
And here's how this applies toyou.
So right now, you might havenothing no money, no
opportunities, no way to getahead.
But here's what you have to dono fear of losing money, no
emotional baggage from pasttrades, no false sense of
security.
So do you know how powerfulthat is?
Most traders trade with fearfear of loss, fear of missing
(03:30):
out, fear of looking stupid.
That's why they fail.
But you, you're already freefrom all those fears.
If you embrace that, you becomedangerous in the best way
possible.
Think about this Money doesn'tmake a trader, knowledge does.
So let's test something.
If I gave you 10,000 right now,would you know exactly how to
(03:52):
trade it and make profit?
If your answer isn't a hundredpercent yes, then money isn't
your problem.
The real problem is you haven'tbuilt the skill yet.
So money follows skill, skillfollows knowledge and knowledge
follows action.
Most people want to skip tothis process and they think they
need money to learn to trade.
(04:15):
Wrong you don't need money toget knowledge, and knowledge is
free if you know where to look.
So how to start trading withzero money, let's get tactical.
So if you have no money, here'sexactly how you start.
Let's go through the steps.
So, step one paper trade likeit's real money.
(04:36):
Open a free demo account onTradingView, tradeovate,
interactive Brokers trade likeit's real money.
If you can't grow a demoaccount, don't use real money.
Study one strategy until youmaster it.
Don't chase every indicator.
Pick one strategy EMAcrossovers, supply and demand,
(04:59):
price action back.
Test it.
Trading View will let you dothis.
Track your results.
Prove how it works before youuse real money.
Build a side hustle that fundsyour trading.
Trading is high risk game, soif you're broke, your first
priority is getting capital.
Find a side hustle freelancing,flipping items, content
(05:19):
creating.
Use your first thousand dollarsnot not to gamble, but to
deploy a proven strategy.
Surround yourself with traderssmarter than you.
Join trading communities, likeGetting Started in Crypto.
Learn from people who actuallytrade, not just tweet about it.
Success isn't built onisolation, so who you learn from
(05:41):
depends on how you grow.
Only trade what matters.
Most people think trading startswhen you have money, but it
actually starts when you make adecision.
If you're waiting for theperfect time to start, you're
going to be waiting forever.
And let's be brutally honestAre you going to sit on the
sidelines waiting or are yougoing to make your first smart
(06:02):
trade today?
Because here's the truth Ifyou're not serious about
learning the game when you havenothing, you won't be serious
when you have something.
The difference between winningtraders and losing traders isn't
money.
It's knowledge, execution andmindset.
You don't need a fat bankaccount to start.
You need a relentless hunger tomaster the game.
(06:24):
So when nothing to lose becomesa threat, the most dangerous
person in the world is the onewho has nothing to lose.
So that's by Tupac Shakur.
So this quote hits hard becauseit's both advantage and a
warning.
So let's flip the perspectivesfor a second.
(06:46):
Having nothing to lose can makeyou fearless, but it also makes
you reckless.
Think about that.
Some of the most desperatedecisions in history have been
made by people who felt they hadno way out.
Wars have started, markets havecrashed, entire empires have
fallen and in trading that samenothing to lose mindset can be a
(07:09):
powerful edge or your greatestdownfall.
So let's have a look at thedark side of nothing to lose.
So I've seen too many timessomeone with no capital, no
experience and no patience jumpsinto the market thinking what's
the worst thing can happen.
They start gambling instead oftrading.
They yolo into the latestmemcoins, hoping for a miracle.
(07:33):
Sometimes they get lucky.
They go all in on leverage,thinking one trade will change
their life.
They don't have a stop loss andthey chase losses doubling down
after a bad trade and they blowup their account.
And the worst part, they don'tstop until they have nothing
left.
Nothing, because having nothingto lose isn't just about money.
(07:56):
It's about your time wasted onpoor decisions.
It's about mental healthwrecked by stress and
desperation.
It's your credibility destroyedwhen you make reckless moves.
So this is why desperate traderslose.
They don't see losing controlis worse than losing money.
So history proves when nothingto lose destroys empires.
(08:22):
So think of this the fall ofRome wasn't taken down by wealth
.
It was taken down by economiccollapse, debt, desperation.
And when the empire startedlosing power, leaders made
irrational decisions inflatingthe currency, overtaxing people,
weakening their armies.
And they had nothing left tolose and they lost everything.
(08:45):
So, the 2008 global financialcrisis, banks started making
riskier and riskier bets becausethey felt untouchable.
And when the market startedcrashing, instead of cutting
losses, they doubled down,throwing money at toxic assets
covering bad trades and, worse,their nothing to lose mindset
crashed the entire globaleconomy.
(09:06):
So Lehman Brothers last stand,so they could have cut their
losses early, instead of theyrisked everything on failing
mortgage-backed securities.
So why?
Because they believed there wasno other way out.
That decision ended theircompany.
So we need to think of the bigshort here.
The difference between a risktaker and a reckless trader is
(09:30):
the choices.
So the smart trader seesnothing to lose as an
opportunity to learn, buildskills and take a calculated
risk.
The reckless trader usesnothing to lose as an excuse to
gamble, chase losses, ignorestrategy.
One becomes dangerous in apowerful way and the other one
self-destructs.
Which one are you?
So let's look at how to usenothing to lose in the right way
(09:55):
.
So if you're feeling like youhave nothing to lose, use it as
an edge, not as a death sentence.
And here's how Think long term,not short term.
Don't chase get rich quickschemes.
Build sustainable tradingstrategy.
Turn desperation intodiscipline.
So set some rules for yourselfrisk limits, stop losses, trade
(10:20):
size caps, how you're going totrade.
If you can't control yourselfnow, you won't when you have
money.
So use the time wisely.
Study the markets obsessivelyLike your life depends on it.
It probably does.
Treat every trade as a learningexperience.
Surround yourself withsuccessful traders.
Stop taking advice from peoplewho are just as broke as you and
(10:44):
get into communities and focuson real strategies.
If you had nothing to lose, howwould you use it in that moment?
Every successful person has hadthat moment where they felt
they had nothing to lose nomoney, no stability, no clear
way forward.
It could be businessrelationship.
Some turned into that momentthe foundation of an empire and
(11:08):
they took an upgrade package,like when you see leather seats
on your new car.
Don't just accept the breakdown.
They rebuilt with better parts.
Maybe they got a business coachtherapy.
They used failure as a fuel forthe setbacks as strategy and
losses as lessons.
They came back with more power,more resilience and a sharper
(11:32):
vision.
So others let it break them.
Don't let that be you.
They saw failure as the end andnot as the reset.
They let fear keep them parkedon the side and while the others
sped ahead.
So they stayed stuck becausethey had no way out.
But because they not, becausethey didn't have a no way out
(11:53):
sorry, they refused to take.
Take the wheel.
Nothing to lose is the momentyou decide put it into high gear
, like this thing has six gears.
It's a manual.
I'm driving it and I'm livingthe life I love.
Sorry, gen Z, most of you willnever get that because you don't
know what a manual car is.
You live in an automatic world.
(12:13):
It's push button, instantresults.
Turn up the sports event, youknow, get a participation medal.
What is that?
Ask AI.
Get an answer.
You have to shift, you have togrind the gears, you have to
know when to downshift and whento put the foot to the floor.
(12:36):
And right right now, if you'reat nothing to lose, at that
moment you're sitting in thedriver's seat.
So get driving.
What's it going to be?
Stall the car horns blaring atyou to move, or you're going to
take control of that steeringwheel and start driving.
So if you're listening to thisand it feels like your world is
(12:56):
crumbling, whether it's yourfinances, business relationships
or even your health, payattention, because this might be
the most important part of yourlife.
Will you take calculated risksand turn this into a
breakthrough, or will you makethese reckless moves that cost
you even more?
Nothing to lose can be yourgreatest weapon or your biggest
(13:18):
downfall.
The choice is yours.
Is rock bottom a place ofdestruction or creation?
You, and only you, get tochoose.
Ever notice how some people hitrock bottom and never get back
up, and while others rise fromthe ashes more vigorously than
ever, getting tongue twisted?
Same situation, same pain, samesense of nothing to lose.
(13:42):
So why do some turn disasterinto a launch pad for success,
while others get trapped in thewreckage?
Because rock bottom is a placeof choice, do you let it bury
you or do you use it as thefoundation to build something
new?
So your business is going intobankruptcy.
(14:02):
What do you do right now?
So here's something most peopledon't want to hear Failure
isn't always the end.
It's often the beginning ofsomething bigger.
Think about Silicon Valley.
For years, the biggest techbreakthroughs came from people
who took insane risks Steve Jobs, elon Musk, jeff Bezos.
(14:25):
These were people willing tofail massively and did so
because they understoodsomething most don't Playing it
safe kills innovation.
But lately the startup worldhas become obsessed with safe,
predictable incremental returns,staying in their lane, likely
now to have a board of olddinosaurs looking after some
(14:47):
rich investors.
And what has happened?
A decade of stagnation, fewertruly transformative companies,
fewer groundbreaking innovations, all because the fear of
failure is now greater than thehunger for success.
That sounds like it should be apodcast or a little bit, and
maybe I'll do it that later downthe track.
(15:10):
But now let's bring this back toyou and your business.
If you're facing bankruptcy, ifyour business is on the verge
of collapse, ask yourself wereyou playing it too small?
Did you take the kind of risksthat could actually change the
game, or did you play it safeand get stuck in the slow death
of mediocrity?
(15:30):
Because, let's be honest, bigfailures often lead to the
biggest comebacks.
So if you survive a moment,you'll be forced to innovate,
pivot, evolve.
This could be your chance tobuild something 10 times bigger
than what you just lost.
And here's the part no onewarned you about the trolls.
(15:50):
Anyway, the moment you fail,the vultures come out.
The moment you're down, thepeople who never built anything
themselves will be your loudestcritics.
They're going to be here Socialmedia trolls, ex-business
partners, even people who oncecalled friends.
They're all having something tosay or they will secretly judge
(16:15):
you.
Why?
Because they were jealous ofyour success and that failure
made them more comfortable.
I knew that would happen.
You made them more comfortable.
I knew that would happen.
They were never that smart tobegin with.
You've heard it all.
So do you ever notice how thefirst people to speak up when
you fail are the ones who werethe quietest when you were
(16:36):
winning?
Think about those people in yourlife frenemies, fake supporters
, people who smiled at your facebut they never really clapped
and they stabbed you in yourback, and they were gossiping
about you.
You probably heard it.
I guarantee they were gossipingabout you.
These are the ones to watch.
(16:57):
Do they deserve front row seatin your life?
Let's be real.
Your wins made them insecure.
Your ambition reminded them ofeverything they weren't doing,
and now your struggle makes themfeel comfortable.
It justifies their decision toplay it safe.
They could celebrate.
They couldn't celebrate whenyou were rising, but they'll
(17:19):
gladly whisper when you fall.
But here's what they don'trealize Failure isn't unless you
quit.
That's why one of my favoritequotes is you never fail until
you stop trying.
So ask yourself are you givingup or are you trying again?
Let them talk, let them judge,let them feel comfortable being
(17:39):
average, because while they staystagnantant, you're about to
rebuild bigger, smarter,stronger than ever.
And here's what you need toremember the people talking
behind your back are mostusually the ones who have done
the least.
You don't see billionaires onTwitter I mean like on X
replying mocking people who fail.
(18:00):
You don't see entrepreneursdragging others through the mud
because people who build don'thave the time entrepreneurs
dragging others through the mudbecause people who build don't
have the time to hate.
They are busy creating,innovating, pushing their limits
.
They are busy failing forward,learning from mistakes and
making their next move.
They are busy turning setbacksinto comebacks, while critics
stay stuck in the same place.
(18:21):
I love let's go back to failingforward, because failing
forward is a lesson in disguise.
Failing forward means you'restill moving.
It means you're learning,adapting, getting stronger.
It means every single misstepis just another step closer to
success.
So people who fear failure staystuck, people who embrace and
(18:42):
fail forward until they win.
This isn't just about businessway of living.
It's about thinking,relationships, because if you
don't grow and evolve, they die.
They stay stuck and that's whypeople always look outside.
Remember the loudest voices inthe room are rarely the ones
doing the work, because realbuilders are focused on building
only the ones who've nevertaken risks, obsessed with
(19:05):
laughing at those who do so.
If you're facing businesscollapse, remember your trolls
won't build your comeback.
You will.
Your haters won't fix yourmistakes you will.
Your next move isn't aboutproving them wrong.
It's about proving yourselfright.
So most people see bankruptcyas the end.
The smartest entrepreneurs seeit as a reset.
(19:27):
The real question isn't whathave I lost, it's what do I
build next?
Let's look at some of thepowerful, most richest people in
the world, the CEOs who lost itall and came back bigger.
This is going to inspire you ifyou're in this situation.
So I don't know if you need tohear it, but these biggest names
(19:50):
went broke before they becamebillionaires.
So take Walt Disney.
Yeah, the guy who built thebiggest entertainment empire in
the world.
You know, before Disneyland,before, before Mickey Mouse,
before he became a global icon,he lost everything.
His animation company,laugh-o-gram Studios, went
bankrupt in 1923.
(20:10):
So most people would have givenup right there.
But Disney, he took loss as alesson.
He packed his bags, he rebuiltfrom scratch.
And here's where it getsinteresting.
So I learned a story whileliving in Denmark and visiting
this magical place.
Disney just didn't dream upDisneyland out of thin air.
He actually visited TivitliGardens in Denmark, one of the
(20:32):
oldest amusement parks in theworld and he saw what worked and
he saw what didn't.
And instead of copying it, hetook the core idea an immersive,
magical experience and he madeit bigger and better and
uniquely his own.
And that's what visionaries do.
They don't just bounce back,they innovate.
They don't just rebuild, theycreate something the world has
(20:53):
never seen before.
So next time you think losingeverything means you're done.
Remember this Disney wentbankrupt before he built an
empire.
Your biggest setback may be thesetback before your greatest
comeback.
Then let's jump to Elon Musk.
Look at him now.
Do you remember after he soldPayPal?
I can't talk PayPal.
(21:16):
His next business was Telstraand SpaceX.
So Telstra was on the verge ofcollapse.
Spacex had three failed rocketlaunches burning through
hundreds of millions, and Muskhad to borrow money to pay rent.
So most people they would havewalked away.
And Musk had to borrow money topay rent.
So most people they would havewalked away played it safe.
But he bet on himself becausehe had nothing to lose.
(21:37):
Now, tesla is worth over $600billion.
Space exchange, space industryforever Same story, different
mindset.
So, because I'm me, let's lookto relationships, breakup,
divorce, where nothing to loseis everything to gain.
So let's talk about somethingmost people don't talk about in
(22:00):
podcasts.
Yes, relationships, and this isbecause I'm purely fascinated
about it.
Have you noticed that somepeople completely lose
themselves after a breakup,while others see it as a
stepping stone and becoming thebest version of themselves?
Divorce, heartbreak, betrayal.
It feels like your entire worldis ending, like you've lost
(22:21):
time, trust and the future.
And you thought the future, youthought you had so, but here's
the truth.
Sometimes it's the best thingthat can happen to you.
And losing someone who washolding you back, here's the
twist.
What if they weren't the toxicone?
What if you were?
How many people stay in a toxicrelationship because they're
afraid of change or, worse,refuse to change themselves?
(22:45):
Okay, light bulb moment.
This works both ways.
Some people cling to the wrongperson out of fear of being
alone.
Others sabotage the rightperson because they face their
own demons.
They refuse to do that, not,they do.
What if the problem wasn't thatyour partner was holding you
back but you weren't ready togrow.
(23:07):
What if you're the one who wasemotionally unavailable,
reactive and pushing them away?
If you don't get therapy andyou don't do the inner work, if
you don't take accountability,you'll keep repeating the same
cycle, no matter who you're with.
This happens in business aswell, because healing isn't just
(23:28):
about cutting off toxic people.
It's about making sure you'renot the toxic one walking into
somebody else's life or business.
Maybe they weren't the rightperson, maybe you weren't ready
to be the right person for them,and until you fix it, you'll
never break that cycle.
So apply this to bothrelationships and business.
How many people never chasetheir dreams because they're
(23:52):
trying to please a partner whodoesn't believe in them?
So the pain of losing someonethat can either break you or
push you to that next level.
Because you've probably heardJeff Bezos right, the Amazon
founder.
He was richest man in the worldat one point, but do you know
what he did after his25-year-old marriage?
(24:13):
25-year-old marriage, 25-yearmarriage.
Apart from getting a reallyyoung girlfriend, he reinvented
himself, started new ventures,doubled down on his vision.
He didn't let it destroy him,he let it fuel him and in a
health emergency facing near,near death.
We hear people say you knowyou've met somebody in a major
(24:37):
health crisis or a scare andthey've come out completely
different.
You know cancer, heart attack,drug overdose, near death
experience.
It's wild how many people sayit wasn't until that moment that
I actually started living.
They quit jobs they hate, theystop wasting time on people who
drain them and they finallypursue their passions, invest in
(24:59):
themselves and take risks,because once you face death,
everything seems small.
I'll never forget when I had myappendix moved last year, like
it wasn't a massive life ordeath situation.
But let me tell you, lying inthat hospital bed feeling
helpless, watching the worldmove on without you hit me.
You can't afford to waste yourlife waiting for the perfect
(25:23):
time.
You can't keep playing smallbecause of fear.
One day you're going to run outof time.
Nobody knows how long they'vegot.
So here is my podcast, which Istarted and gave up on, and it's
back.
So you were going to wait.
Am I going to wait until lifeforces me to change, or are you
going to choose transformationon your own terms?
(25:44):
Because having nothing to losedoesn't mean you should throw
everything away.
It means you have the power tomake the smartest move of your
life.
So what's that going to be?
Sometimes, the best thing thatcan happen to you is losing
everything you thought youneeded.
Losing money, losing a job,losing a relationship, losing
(26:05):
the version of yourself thatplayed it safe.
Because when you have nothingto lose, you have everything to
gain, and if you make the rightmoves, you're going to win.
But here's the truth no onetalks about.
It's not just about cutting outtoxic people.
It's about making sure youaren't the toxic one.
(26:25):
It's not just about bouncingback from failure.
It's about learning the lessonso you don't repeat it.
It's not just about startingover.
It's about choosing to dothings differently this time.
If you're in a place right nowwhere it feels everything is
falling apart, good, this isyour reset button, your launch
(26:47):
pad.
But the question is will youuse this moment to build your
next empire or will you let itbury you?
That choice is yours.
So if this episode hit home anddon't just sit there, take
action.
And if you're ready to jumpinto crypto, check out
gettingstartedincryptocom.
And if you want more of thesedeep dives into trading, wealth,
(27:09):
mindset and the hidden forcesrunning the world, make sure
you've subscribed to Uncharted.
Thank you for listening, andthis is only the beginning.
Now get out there and make yournext move, the smartest one
you've ever made.
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