What Happens When Traders Stop Lying to Themselves | Vance Cast | TDES - The Dillon England Show

Episode Transcript
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Speaker 1 (00:00):
If you can't manage your dimes, then you can't manage
your dollars.

Speaker 2 (00:08):
I'd love for the listeners know a little bit about
who you are real quick. Who are you?

Speaker 1 (00:12):
Yeah? Sure, I'm vance cast and I'm an ode owner.
I'm an investor. I created this methodology for accounting for
trading in the futures markets. The most important part of
any company is the forensics. It's the accounting, and you
have to know how to do it. You have to
control your variables. Almost everything you hear on the internet
is bad. Advice sounds good, sounds practical, but it's bad.

Speaker 2 (00:32):
You have a bunch of clients and you guys are
just deciding what to do with that. Right.

Speaker 1 (00:36):
Each one of the people that's a member of our group,
they manage their own money. We have other people that
have literally made millions of dollars on our group. And
when you start trading, I don't care if you're poor
or if you're a multimillionaire. You start your account with
three thousand dollars in one contract.

Speaker 2 (00:53):
To get more creators on PlayTV, we need more users.
And then in order for more users to use PlayTV,
we need more creators. And so that's kind of the
dichotomy of the challenge right right now. And so by
bringing on people like me that I have reach, but
I'm not like a million dollar, big contract signee, right,

(01:15):
And so they're being really smart with this because we're thinking, yeah,
we could sign a if we're going to try to
get Tucker Carlson on PlayTV, that would be an astronomically
big contract that it like outside of it not even
being possible, right, Like just the money to throw at
that would be insane. Or you could get twenty thousand

(01:38):
creators for the same amount, and so I think that's money, yeah,
And that's they're playing smart.

Speaker 1 (01:44):
Well, that's very interesting. You know. I was a creator
host on iHeartRadio and we started off we started off
with the show to be a call in show in
financial show I heeart. As it goes on, especially after

(02:04):
the death of Rush Limbaugh, started becoming more and more
right wing and more and more kind of commercialized right
wing radio, if you will, And the listenership seems to
be getting older and older in the demo, and so
I was seeing that reflected in the people that were

(02:25):
calling our company. Because the content wasn't really changed. We
went to more of an infomercially type of a layout
because it just had better returns direct responses. But what
happens is when you have certain people that are prominent

(02:45):
on the radio, the listenership kind of goes that way.
So I think it's smart because I don't think PlayTV
wants to brand itself as strictly right wing. So if
you got like Tucker Carlson, now, Tucker's kind of shifting
a bit right He's becoming more moderate and a little
more I think common sense, like you wouldn't want probably

(03:09):
Sean Hannity on it, you know, because then you'd be
like too right wing, and then your listenership wouldn't be
as diverse as you probably want it to be. I'm
just guessing. I don't know how you feel about it, and.

Speaker 2 (03:22):
Parlor will probably always be a conservative, mainly conservative platform.
That's probably the reality of it. Now, I think that
we're going to see a lot more moderate users start
coming on board, And I had a great talk with
Jason last night. I think we're gonna see even just
with the influx of Elon and X and just like

(03:45):
I think we're gonna see a lot more users start
to flock over that are not like these die hard
either crazy right wing or I think we see a
lot of moderate users. But you're right, they've been really
smart where like the Kaivo wallet know it's it's it's
its own brand, Cardix, it's its own brand, and they're
being really smart. And the way the whole ecosystem is

(04:06):
being built on an optio and then getting Kevin Harrington
on board on Kardex, which is a former Shark, had
one hundred thousand of his companies come on site, like
Cartis's own thing. It's not affiliate with you know, it's
its own and seem so play tv is the same way, right,
And so I'm not in an overtly political show. I
interview mainly entrepreneurs. I have my opinions, and my guests

(04:29):
and myself are very welcome to be honest and share
exactly what their opinions are, right, Like, uh, the best
compliment I've gotten is people listen to my show and
they're like, you know, it's a it's a Joe Rogan
style interview, right, And that's what I want it to be.
And so uh yeah, but I don't want PlayTV to
turn into just another right wing video app, like and

(04:49):
that's not the goal.

Speaker 1 (04:49):
Of it a rage app, No, it's not.

Speaker 2 (04:51):
And yeah, so like I've gotten people are moving.

Speaker 1 (04:54):
Away from that now. They are. They're getting tired of
the rage apps, you know, they're getting tired of these
these tales fighting each other and the dog being ignored.

Speaker 2 (05:02):
Yeah, And I think the cool thing with PlayTV that's
really unique is the fact that you get to grow
two ecosystems. So, as I'm speaking as a creator, I
have a Twitter account or an x account, I have
a YouTube account, I have a Facebook account, I have
an Instagram account, I have a TikTok account, and I'm
trying to build all these ecosystems simultaneously. But they're all separate, right.
If I get a follower subscriber on PlayTV, that's also

(05:24):
a follower subscriber on my Parlor account. If I get
one on Parlor, it's all at they're linked. So I
can actually build two ecosystems at the exact same time.
And so as a creator, I'm like, dude, that is incredible.
So someone follows me on Parlor, They're now going to
get notified if I post a PlayTV video.

Speaker 1 (05:39):
What's your strategy there? Do you use Parlor as a
commercial for your PlayTV segments.

Speaker 2 (05:46):
Basically, you know, there's a sponsor of my podcast, okay,
and so I will do ad reads for them and
I'll give them shout outs. But no, I don't. I
will post on Parlor when I make a PlayTV video
to try to funnel my Parlor followers and like, hey,
go check me out.

Speaker 1 (06:00):
And play TV.

Speaker 2 (06:01):
But yeah, that's but. But I've mainly shout out Parlor
more than play but. For for example, one of the
things that I've started to do with my podcast consulting.
For example, if someone was to see an example of
the work that my video editing team does, I'll send
them my show on PlayTV. I don't use YouTube anymore,
so like, whenever I'm giving examples of my podcast, it's

(06:24):
all play TV. And then I send it to business
owners in Detroit, like wait, what's this PlayTV app?

Speaker 1 (06:29):
Right?

Speaker 2 (06:29):
I'm like, Oh, this is like a really cool decentralized YouTube, right,
And they're like, oh, that's kind of cool.

Speaker 1 (06:35):
Do you utilize YouTube at all? Yeah?

Speaker 2 (06:37):
Okay, it's my biggest following, you oose my biggest following. Yeah,
and so I did a million views on YouTube last year. Yeah,
just started the podcast only two years ago.

Speaker 1 (06:45):
So put you're advertising to the people watching Stuffy yeah,
with the playteach very smart.

Speaker 2 (06:49):
Everyone on YouTube on the description has a link to
create a Parlor account, and so I that's that. We
try to do that in my newsletter every newsletter, there's
a link to create your Parlor account.

Speaker 1 (07:01):
Right.

Speaker 2 (07:01):
And so I do as many things as I possibly can,
because I'm a note owner, right, and I'm also a
creator on the platform, and I love I just I
believe in the vision of free speech. I believe in
the mission of having a decentralized blockchain powering social apps.

(07:21):
And so I, as a creator, want this to succeed
as well, and I want other creators on here.

Speaker 1 (07:26):
I've been preaching that since twenty seventeen. And then when
when when Parlor was hit and kind of deplatformed off
the database, right, That's why I won't mention any names,
but you can't. But I've been I've been using Parlor

(07:46):
as an example. And then Yeah, and I don't know
why I didn't pick up the phone, like you know,
four years ago and find out what was going on
with Parlor. I guess I'm stupid. I don't know, but
I've been preaching that for a long time, using Parlor
as a as an example, and then come to find
out Parlor was working, and you know Optio and rests history,

(08:09):
I said, hey, I'm on board. It was they built
what I've been trying to find somebody too. So it's amazing.
It's an amazing opportunity.

Speaker 2 (08:20):
So two questions. Then, with that being said, I'd love
for the listeners know a little bit about who you
are real quick, and then I'd love to know like
how did you find the whole Optial and Parlor team?
But before you answered that, like who are you? Welcome
to the show, Thank thank you for coming, and let
the listeners know a little bit about who you are
and a little bit about your life that got you
to this point.

Speaker 1 (08:39):
Yeah, sure, I'm vance cast. And fast forward to two
thousand and nine. I had a gentleman call me up
and say, Hey, a couple of buddies in myself we're
we're looking for is about twenty five of them. Actually
we're looking to invest together daily and we've been looking

(08:59):
at this creator on YouTube and something doesn't quite seem right.
Can you take a look at it for us? Now
here's the funny thing. Because we come full circle right now.
We're sitting in Plano, Texas. Right So before the way
I met all these guys is they all worked with
EDS right down the street. So we were doing a

(09:19):
contract for NASA and we're and the Redstone Arsenal in Huntsville, Alabama.
This is where I met these guys and they taught
me how to trade or we you know, traded together,
and we worked on a couple of projects, real high
account and stuff. And so they called me up and
I said, could you take a look at it for us?

(09:40):
I said sure, And of course YouTube was first coming
out all of that. So I looked at this guy
and I said, well, you know, here's what he's doing.
You know, it's kind of a phlim flam artist here
smoking mirrors thing. And they looked at it and they go, oh,
that's what they were doing. They said it was real
obvious something was wrong. So I said, I tell you what,
I'm kind of in transition right now in my life.

(10:02):
I said, uh, I've got some time. I'll find you somebody.
I'll find you somebody to follow. Because what they want
to do is they wanted to meet every day and
trade or not every day maybe three times a week,
you know, but during trading hours and trade something. And
we kind of decided we probably wanted to trade the
S and P five hundred, okay of the Chicago Mercantolics change.

(10:24):
And so I looked at literally dozens of companies, dozens
of influencers, and they were all it was all bs.
Every one of them. Could not find anybody that had
a credible program that they could utilize and in a
platform that they could get on and use, and they
want to do something more sophisticated and follow some fake guru.

(10:48):
So I called my buddy back and I said, I'm sorry,
I broke my promise to you. I said, I didn't
find anybody. But here's what I'll do. I'll create I'll
create a program for you. And I said, I'll run
it for three to six months and we'll trade and
we'll have fun. And and I did. I created a

(11:08):
program for them.

Speaker 2 (11:09):
And stock trading program for them.

Speaker 1 (11:12):
Yes, yes, well it's trading the S and P five.
So I came up with a trade called a D
one two three trade, which is a just an indicator,
just a signal that we said, okay, it's time to
examine a trade. And then I trade, I created a
methodology for grading that trade. And then the most important
part of investing and the most important part of trading

(11:35):
futures is the same. Most important part is it is
in any business, and that is having an accounting system,
accounting and an accounting system. Yeah, because if you don't
have a proper accounting system, then you can't go back
and evaluate if your decisions were good or bad. So
I had Yeah, so I had it. It's just like

(11:58):
I tell people, you know, if you have a pizza company,
a lot of people gets in. Hey, my aunt told me,
I make the best pizza in the business. I'm gonna
start a pizza company. Well, just because you can cook
a good pizza doesn't mean you can run a company.
You know, So I'll ask them, I'll say, well, how
much did you spend on cheese last week? They're like,
I don't know. I said, well, you're not running a company,
you're running a hobby. Right. The most important part of

(12:22):
any company is the forensics of that company. It's the
accounting not an accounting isn't bookkeeping. Accounting is a way
that you look at your inventory, you look at you know,
progress in anything, or the status of anything in your
company and then balance the loads.

Speaker 2 (12:40):
You should be doing that on trades too.

Speaker 1 (12:41):
You should be doing that on trades, and you have
to know how to do it. So everybody thinks the
accounting of trades or maintaining a track record is about
the bookkeeping of it, it's not. You have to control
your variables. And almost everything you hear on the internet
is just is bad. Advice sounds good, sounds practical, it

(13:03):
sounds intuitive, but it's bad. But it's bad. So I
created this methodology for accounting for trading in the in
the futures markets, and we were so successful in the
first month with this program that was private that half
of the guys said we They're like, we've never seen

(13:27):
this before, Like we've been investing. Some of these guys
are fifty, sixty, seventy years old. We've never seen this
before or anything like it. There's no book you can read,
you can't take a course at Harvard on it. You can't,
you know. They say all the things that we do
as investors, successful investors, they're all multimillionaires, but we've never

(13:50):
seen it proceduralized like this. This is incredible. We need
to take this to the public. And then I add
the other half of the people in the group said, no,
we don't need to take this to the public. Get crucified.
Because it's the same reason a lot of millionaires don't
don't share their secrets, because they can give you step
by step guidance, tell you exactly what to do, but

(14:12):
you're not going to do it. Yeah, you know, it's
a it's a psychological thing, right. So half of them said, no,
we just need to stay away from it. We need
to stay away from it. And I said, well, sounds
like a challenge. So I said, well, I said, here's
what we do. We'll we'll do some test advertising. And

(14:34):
we started test advertising on Craigslist, of all places. Our
first million dollars, our first million dollars we made on Craigslist, Wow,
acquiring clients and it was very successful. We were there.

Speaker 2 (14:48):
Was did all five buy into the idea at this
point or did you kind of have a small group
of did you just create your own LLC and some dissenters.

Speaker 1 (14:56):
Yeah, eventually everybody. Everybody was surprised. We were literally surprised
at our success. It just came together and happened.

Speaker 2 (15:07):
Did you have experience up to this point trading, Because
when you create the methodology, was this something that you're
just kind of started figuring out or had you already
been investing trading and kind of building your own principles
of stuff up to this point.

Speaker 1 (15:19):
Yeah, we'd already had basically the same methodology for trading,
but it wasn't proceduralized or formalized. Yeah, we all did
the same things. We know the same secrets, the.

Speaker 2 (15:30):
Same feels, the same all thing, but you didn't actually
write it down and walk through your.

Speaker 1 (15:33):
Right, it wasn't actually proceduralized. We all knew the rules,
we all used different indicators, we did, you know, we
all the tracking was all basically the same. I created
the risk assessment algorithms for the tracking, wow, many years before.
But in options trading, right, and this is futures and
this is futures. Yes, yeah, so.

Speaker 2 (15:53):
Somewhet's slow, but I'm I'm kind of piecing it together.

Speaker 1 (15:55):
No, that's exactly right. You're exactly right. And so futures
is very similar to options a couple different differences. You know,
you don't have the time decay things like that. But
the but the method of accounting I kind of created it,
like a long time ago, and we just proceduralized it

(16:17):
and doing something nobody else does. So we created this
group and we meet every day eight to ten hours
a day of trading if you want. We have our
main session is like ten to twelve Eastern time, which
is just a little bit after the market opens up
into lunch. That's the prime time to trade. But you
can trade. You can trade it twenty three hours a day,

(16:40):
but with our group, we trade like eight ten hours
a day if you want, you know. But some things
that other groups do that we don't do. We don't
have a follow the guru. In other words, there's not
a guy in there calling trades. We have a moderator.
And the moderator is there to keep order in the group,

(17:00):
to make sure you know, nobody's getting off the chain.
He's also there in between trades to give a class
of some sort, and the class depends on what's going
on that day. So we have a book that each
one of our moderators has that has a bunch of
different classes and hey, if this is going on, hey
give a class on this. And so when a trade

(17:23):
signal comes in, the moderator tells the group, okay, it's
time to grade this trade. So the group collectively grades
that trade and they determine whether the moderator will take
the trade or.

Speaker 2 (17:37):
Not interesting as a group. As a group, so it's
like a democracy versus a dictatorship in a way.

Speaker 1 (17:42):
Exactly. It's kind of like a democracy versus a dictatorship. Now,
and this is.

Speaker 2 (17:47):
Managing people's money. Like you know, you have a bunch
of clients and you guys are just ciding what to
do with that, right.

Speaker 1 (17:53):
Well, each one of the people that's a member of
our group, they manage their own money. Okay, So we
don't manage anybody's money. We don't invest for anybody. We don't.
And I've been offered tens of millions of dollars to
manage get broker kickback and things, right, but we don't
do that. They use their own broker. Uh. We have

(18:18):
a charting company that would he utilize called ensign that
has helped U out greatly over the years.

Speaker 2 (18:23):
And what was the name of your company again? I
missed that.

Speaker 1 (18:25):
Delta Trading Group, Delta Trading Group, Delta Trading Group DDG,
Delta Trading Group. So it's a peer driven, peer driven group.
So if anybody reads on the internet that you know
we have somebody we trade we call trades or we
broke or anything. We don't do any of that stuff.
Kin this information we you know, all the peers work together.

(18:46):
They don't compete against each other. So instead of having
one mentor, you've got a few hundred peers there will
help collectively make decision.

Speaker 2 (18:53):
And this was all started back with those twenty five people,
back with.

Speaker 1 (18:56):
Those original core people. I told him I would run
it for three six months to help them out, and
I'm still there. They're wearing me out in two thousand
and nine to now.

Speaker 2 (19:07):
And then, how how many people do you have in
the group right now?

Speaker 1 (19:12):
We've had thousands that go through. We have about a
thousand active members right now, but daily, at any given time,
we'll have anywhere between one hundred and four hundred people online.

Speaker 2 (19:22):
So what's that look like. Let's say I want to
invest my own money, I need I want guidance. I
would go with your group and say, and do you
have like minimum thresholds of people that like, we only
work with this type of numbers that's worth worth the time?

Speaker 1 (19:40):
Yeah, yeah, Well, it's very hard to determine who's going
to do well and who's not going to do well?
Of course, you know our worst client is, and then
I'll answer that question directly. Our worst client is or
the worst client profile, and we've done scientific studies on
it is a forty five year old w male electrical

(20:01):
engineer who's traded before. Absolutely the worst client. I still
got electrical engineer over there.

Speaker 2 (20:08):
That's just the most specific, awesome, like pinpointed. I don't
think I've ever heard someone have such a pinpoint worst
client profile. That's incredible.

Speaker 1 (20:17):
We run the data, that's incredible. Yeah, from thousands and
thousands of clients.

Speaker 2 (20:21):
Right now, like hispanic, yes, like he's white, right, forty five,
forty five year old white, Yeah, that's that's wild.

Speaker 1 (20:29):
So and you would think that would be like your
greatest client. Oh, he's he's mathematically in client. He can
best experience. He probably hasn't him for a week. The
problem is from kindergarten. He's been trained to do all
the wrong things, and he's very difficult to change his
dogmatic mind.

Speaker 2 (20:49):
Engineers be like that.

Speaker 1 (20:50):
The engineers be like that. Yeah, you know, well they're
used to engineers look at out if they're an electrical
engineer let's just say all engineers the same way. They
have an out put, they measure an output. They have
all kinds of machines are calibrated to measure outputs. Yep,
they measured output and the output isn't what they want.
They know exactly what to tweak in the system to
get the output. Trading isn't that way. There's a certain

(21:12):
amount of chaos, and it's a statistical endeavor.

Speaker 2 (21:15):
And chaos is the antithesis to an engineer. An engineer order.
They want directions and processes and systems right, and that's
not always how the market works.

Speaker 1 (21:24):
It takes them a little longer to unlearn what they're
doing because they they insist on trying to make the
wheel rounder funnily enough, yeah.

Speaker 2 (21:33):
This is but like with uh, submental insurance, engineers are
also our worst clients, really yeah, because they want to
do the math of exactly how much they're pain versus
what cash they might get back from the plan on
what injury that might happen that like, because they they
and it's it's the same thing. So if I open
up an engineering firm, I know that like a lot

(21:54):
of plans probably won't be sold, right, So it's interesting
how there's a definitely a correlation relation there.

Speaker 1 (22:00):
Yes, absolutely, I can, I can visualize it. Yes, it's
the same thing with us.

Speaker 2 (22:03):
Yeah. But anyway, so so continue, Sorry didn't.

Speaker 1 (22:07):
We Yeah, no, that's okay, so to say. So, the
way that it works is people used to hear a
radio show. We would offer them a couple free days
to come in and view what we do behind the scenes. Sure,
and then our representatives would talk to them and see
if it's for them, and we would run through the
numbers and see if it's something that they have proper
expectations on. So I'm all about expectations. So when people

(22:31):
come in, we prepare them. In today's world, every time
there's an offering, people think they're going to come in
and see a present presentation or a webinar and then
get beat up by a closer. And we don't operate
that way. We skip that. And then so sometimes they're
a little confused. Wait a minute, I'm just thrown right
in here. You know, I just said I want to

(22:53):
be a heart surgeon. Now I'm in an operator room
watching an art surgery. What's that pink thing there?

Speaker 2 (22:57):
Yeah?

Speaker 1 (22:57):
And then so we we did everything very We tried
to do everything that the scammers weren't doing, or avoid
everything that the scammers do do right. At one time,
I said I'll never have an informational website.

Speaker 2 (23:12):
Why was that?

Speaker 1 (23:13):
Because you can't explain it.

Speaker 2 (23:16):
There's a lot of opinions that people could drive off
that information. That's they won't understand no context, no context,
they won't. Yeah, they want to understand the context. I
call it the foundation. They won't understand the foundation. Yeah,
and you know, so we have to.

Speaker 1 (23:29):
It takes some time and some grooming and some exposure
and real conversations. And people don't want to take the
time to have a real conversation. They want to watch
a seven second sound clip and think that now they
know everything.

Speaker 2 (23:41):
That's not how it works much. I wish it's like
I'm on Instagram reels man, you know, I'm an investment
guru now exactly watching Gary's like crazy, I'm buy some
n FTS later Exactly.

Speaker 1 (23:55):
Gary V's getting into heart surgery next, I know, is he? Yeah,
if you need her appendix out, he's got a how.

Speaker 2 (24:00):
To Yeah, yeah, you'll probably just buy one a garage.
Saling honestly find his next opinions on a deal, but
someone's yeah, yeah, someone's garage everybod out of them. Yeah,
that's the funniest thing. I'm sorry. So I note when
Gary b it's like a millionaire and he's like yelling

(24:21):
at people at their homes like, yeah, you know, this
club is three cents. He's like, no, give it to
me for one cent, you know, like, dude, you're a millionaire,
just buy it for three cent.

Speaker 1 (24:30):
Dog.

Speaker 2 (24:30):
I don't know if you've seen his garage stuff, but
it's so funny. It's like just Gary guys trying to
screw these people out of money.

Speaker 1 (24:37):
But uh, the next he might find like a real
estate guru to double down with.

Speaker 2 (24:40):
Yeah. I don't know. Yeah, they're probably gonna go ten.
They're gonna go That's probably what they're gonna do. Find
some grants now Nah exactly, I could say names see
I don't get in trouble. Oh that's funny. But the
one thing I will say, I appreciate that you don't
have a closer because my wife like that is the worst.
Like I so much like a quick story. My wife

(25:01):
and I we went on an affleck paid vacation to
Cabo all inclusive, and my parents were part of a
what do you call it when you have like the
I'm sure timeshare, yes, and then I pay to get
out of it. It was terrible experience. But they would always
go to the timeshare presentations to get like a free dinner,
a free whatever, free night show, whatever. And so when
we were there, we got approached by one of the

(25:23):
people working there at the All Inclusive and they were like, hey,
if you attend this like thirty minute sit down thing
on our vacation packages, you get like a couple's massage,
you get a free excursion. It was like it was
like it was like worth like five five or six
hundred dollars, and I'm like okay, like whatever. So we

(25:43):
attended the thing. It wasn't a group presentation. It was
a one on one breakfast with this American guy. And like,
I'm a sales guy, so I'm watching him and i
know what he's doing right right, But I'm also like
an empathetic sales guy, so I'm you know, I'm still listening,
and I'm like no, Like when we when we sat down,
I told him straight up, like just so you know,

(26:05):
we are only doing this week, get the free stuff, right,
you know, he's like, yeah, yeah, we were told that.
It was an hour and a half of us saying no. Yeah,
Like we were like, no, we're good, So okay, what
if we just restructure it this way? No, okay, what
if we restructure no, like and then they bring someone
else over, They bring someone else over and eventually like

(26:26):
they got us, yeah, but yeah, but not in a
normal time.

Speaker 1 (26:29):
Shoot. You came out with a fat lip and a
call of flower.

Speaker 2 (26:31):
Yeah yeah, yeah. I mean they beat the crap out
of us and emotionally and uh. But it was like
a it's like a it was it's in theory. It
was a great deal in theory, but we just didn't.
It was like a it was like a fifteen or
thirty year time share, and then once it's over, then
you're not locked in for life. They got it down
to like five years. It's like a five year trial

(26:53):
run for me and my wife, right, And it's like
and then at the end of five years, we also
get a free week of an all inclusive resort, which
is pretty much they mount We paid into it over
the course of five years, so we're really like front
pain for a free week. And then you also and
there are other perks too, So at the end we
were like it was so cheap, like it wasn't this
massive contract. We were like, screw it, dude, like we'll

(27:15):
just say yes so we could just go have some fun.
So they kind of got us. But I'm like telling
you the whole time, we were just sitting there.

Speaker 1 (27:21):
Like this is miserable, sweating bullets, Like I'd rather go
through a hurricane after than can.

Speaker 2 (27:28):
I have cancer? Like this is insane. But no, so
that closer's people feel the pressure. Man, I mean it works,
but it's just not good business.

Speaker 1 (27:36):
Yeah, if they we want to our closers need to
be skilled, you know, we have we do consultancy, right
of course, so we want to find out what's right
for them, which puts everybody into a tailspin because they're
used to be impounded on and so you really have
to ask them to join, and you you have to

(27:56):
keep them on the line to of course you get
a client, because at that time it was fifteen thousand
dollars to join our group and five thousand dollars subsequent years.

Speaker 2 (28:06):
Which do you take any of the revenues for the investments,
like when they're if they're making money or whatever. So
we'll just flat fee.

Speaker 1 (28:13):
Yeah, it's strictly education fees, the education platform and a
peer platform. That's it. That makes sense, and that's all
it is, just straight up, that's that's what it is.

Speaker 2 (28:23):
Yeah, you're paying for it. That makes sense.

Speaker 1 (28:24):
So we have you know, then they come in, we
give them an academy just so that everybody's talking the
same language. And then every day, like I said, you're
there with a moderator and they decide, well they're gonna
take a trade or not. And then every trade that
they decide, the moderator tracks it and we have some
incredible results. I feel like it's a great deal. Oh,
it's a fantastic deal. And it goes one of the

(28:48):
hard things about it when we were talking about advertising, right,
and everybody wants a seven second sound clip.

Speaker 2 (28:52):
Sure.

Speaker 1 (28:53):
A lot of our successes come in not just from
the trading. We've had people that got together and built
a hotel down and Central America. We have other people
that have made literally made millions of dollars on our
About once a year I bring something special to the group,
you know, one year's cryptocurrency. Another year. During COVID, it

(29:16):
was investing in very specific stock so they could understand
the index as a whole. Other year, I brought Optio
to my group. I have I don't know how much
I've got, like fifty note owners. Really nothing in audio
that I brought I brought from my group, and pretty
much if I bring it to the group, they do it.

(29:38):
I never brought them a loser. And so there's a
lady in our group. I'll give you an example. So
during COVID, I'd come back from Asia and I said, okay,
we're going to learn how to value stock independent stock,
just like we do the index. And I want everybody here.

(30:00):
You got a lot of money, you want to put
a lot of money in it? Great, but only put
the money you're willing to lose. I said. If you
don't have much money, I said fifty bucks. But I
want you to buy at least one airline stock, and
I want you to buy at least one cruise line stock.
And I want you to look at the current valuation.
You know, because they were all down right, they were

(30:20):
all crashed. And then I said, I want you to
find your exit point before you get in. Yeah, they
got they were hung and I said, you figure out
what your exit point is going to be figure out
your ratios just like we do on a daily basis
with the S and P, and I want you to
you'd buy the stop and they all did it. And

(30:42):
then one of the ladies in there, she was a
member of our group, I think less than a year,
but she was quickly going to be a moderator and
she did it. And so from that March or April
to December, she had made enough money in stocks, right,
just stocks, to buy her husband a new motorcycle riding

(31:04):
jacket and helmet. She said, I never without Delta, I
never could have done that. Now was she a multimillionaire overnight? No,
it's not the point. The point was she did something
that was life changing and she was able to do
this for her husband and she'd always wanted to be
able to do that but didn't have the money to

(31:25):
do it. And she did it on the side lesson
or by one of the lessons from our group. So
we have a lot of people. I had a guy
in our group. He had pizzerias and he had a
few of them, and when he joined our group, you know,
we're finding out, you know, we always try to know
our clients real well. Well, why do you want to

(31:47):
get into trading. I'm just sick of my pizzerias. I'm
tired that every time something happens I have to ruin
my weekend doesn't show up. I have people stealing pepperoni.
I've got, you know, all these employee problems and just
just a bunch of problems.

Speaker 2 (32:07):
It's ready to be done.

Speaker 1 (32:08):
He's gone, right. So two years goes by and he
calls me up. He says, Doc, I just I just
want to thank you, man. I said, what you know?
He says, you know, you change my life. Don't a
trading group change my life. I just want to thank you, Doc.
And I said, so trading's going pretty good. He goes, No,
I suck as a trader. I said, well, what's going on?

(32:30):
He says, Well, you remember when I first started. I
just hated my company. You know, I hated hated everything
about it. He says, But trading made me wake up
in the morning and look in the mirror and go
my behavior is bad. I caused all my own problems,
he says. The dime dropped where I realized every problem

(32:54):
I had in my company I caused. Or I know,
the buck stops with me. He says, I went back
to basics. I went to back to basic economics, the
basic politics within the company. He says, I've doubled my
company now and my revenues are upper like four hundred percent. Wow,
you know, And he says, but I still suck as

(33:15):
a trader, he says, he says, but what still that
positive right there? Yeah? And he found it where he
wasn't looking for it. But and that's part of our
group is a self realization of how you lie to yourself.
Every day you make promises to yourself. And we all
we all do that. And but that's something you can't

(33:36):
you know, I wouldn't get on the radio and say, hey,
you know, join our trading group and you're going to
suck as a trader, but your life is going to
change for the better. I mean, that's not a good pitch.
But we'll find a lot of people that happen that
that happens with that most of them. It turns out
he was a pretty good trader, but he wasn't. He
wasn't making the money that he thought he was going
to make trading. And then it goes the other way

(33:58):
to where people make a lot of money trading, and uh,
but they had to go through a brick wall to
get there. Talking about the engineers, you know, I have
a visual that you might like. You ever see like
Liar Liar with Jim Cash.

Speaker 2 (34:13):
Oh yeah, the movie and he's tell the Truth or
whatever exactly.

Speaker 1 (34:17):
Yeah. Yeah, And he's in the bathroom. He's throwing himself
up against the wall, and the guy walks and he says, uh,
what are you doing? You know, he goes, I'm kicking
my own ass, right, Yes, that's the vision I have
of our engineers. They do that for. And I use
engineers as the joke as the joke for you know

(34:39):
people that because some of them come in and they
they see it. It's easy. It's super simple, but it's
hard to do. It's like losing weight, super simple. You
don't need a nutritional it's to lose weight. You just
gotta put discipline, a little discipline, and you're good. But
that's a problem. It's so simple, but it's hard to do.
Trading is exact same ways, very simple. So they see

(35:01):
how simple it is and then they can't do it,
and they get really frustrated with themselves and they go
through this this this self torture for a long time,
and that's our job. We help them through the self
torture and we we we give them a way to
be accountable with other members of the group, with their peers,
and when they have a problem, it always comes down

(35:22):
to their to their attitudes and the way they look
at things. And then they start listening to people about oh,
you got to change your you know, you got to
change your attitude. You gotta you know, you gotta take
the emotion out of trading. And we don't ever say that.
We say, keep your emotion. Your emotion's good, change your behavior.

(35:43):
Don't try to change your emotion. You can't change your emotions,
which you can't change your behavior. You can look at
your emotions and still take the right action. And so
the group is really a support group to get people
to do that. And the epiphanies that they have along
the way is the thing that really excites me. We say, down,
we talk about trading, but the excitement is at how
it really changes the fundamentals of their lives into success.

Speaker 2 (36:08):
What's some of the bad advice that you mentioned YouTubers
earlier influencers and you're all like they're all just giving
bad advice? Is there any like common like just these
is just you hear it a lot. Watch out for
this if someone's if there's a guru out there saying whatever,
be careful, Like, is there just a common thread of
bad advice?

Speaker 1 (36:28):
You hear a lot of Absolutely. Let me start that
off by talking a little bit about cryptocurrency. Okay, when
you because this is some homework I give some of
my people, I'll give them a cryptocurrency influencer. I'll say,
go watch this guy. Go watch these videos. They do
technical analysis on cryptocurrency, and they get real deep in

(36:48):
this technical analysis. It looks really good, it looks really promising,
but it's all bs. You can't invest in cryptocurrency like
on technical analysis, all fundamental utility. Hello yeah right right right,
So I've been really hot on that. So I so
everything that they show in the charts is like true.

(37:11):
But it's Monday morning quarterbacking, right, you can you know,
Monday morning, you can look at the game and go, hey,
this is what went right, this is what went wrong, YadA, YadA, YadA,
But you don't have a prediction of the future, right,
Same thing with those technical analysis. Everything that they're technically
saying is like correct according to like the data that

(37:33):
right and the verbiage that they put it to, but
it's not predictive in nature. So the lie is that
that is predictive in nature. Right. It's it's like all
the words are true, but the story isn't. It's kind
of like lying through a mission. I use cryptocurrency a
lot as an example, and then I have investors that

(37:56):
we'll disagree with that, and then I just say, well,
you know, I started where you started. Let's let's let's
compare accounts, right, Like, do you want to play with me?
I'll play.

Speaker 2 (38:08):
Let's play let's a mic drop moment right there?

Speaker 1 (38:10):
Yeah, yeah, I might drop them, And then they get
really mad, and then eventually they come around. They're going like, well,
I guess you do know something I don't know. Ye,
you know you you live in a castle on a
mountain that you own, Like you might know something I
don't know. Right, So then I have to get you know,
and they go, wo, that was really arrogant, and I'm like,
not really, you brought it to me.

Speaker 2 (38:30):
It was for your own good.

Speaker 1 (38:31):
Yeah, you threw the pitch, I just hit it. Yeah,
I'll drop my bat if you want right along with
Mike either one. So some of the bad advice that
people have in trading, because I see a lot of
a lot of people out there, this is this gonna
be like you might be a redneck if yeah, okay, okay,
there you go. You might be a bad trader if

(38:53):
you do so. One thing is you'll hear all the time,
let your games run and cut your losses short. You know,
just yeah, you got to learn to let your games
run and cut your losses short. Yeah. I just want
to like jump through the screen and slap them, like,
why why are you telling these people this bad news? Well,

(39:15):
here's the deal. When the market's going up, any monkey
can press the button and get in a long trade.
I'm going along, press the button. It's going up. Boom. Yeah. Right.
But it's not about when to get into a trade.
It's when you get out of the trade, and the
risk management happens to It deals with the amount of

(39:36):
money that you're targeting opposed to the amount of money
that you're risking, and what the probability is of that position.
You know, you losing before you win, right, So we
have some very specific formulas for that, very simple because
they're same in every trade. So rather than teach people
how to get out of a trade, we already know

(39:58):
every trade we get into we're going to exit at
four points gain or three points loss every trade. Everyone.
We don't change it. And the reason we don't change
it is because think about it. If you change a
variable like you have, you have something set and then
you change your variables, can you measure success the.

Speaker 2 (40:20):
Whole data set right like every it's useless.

Speaker 1 (40:23):
Now it changes the whole profile, right, So you can't
do the accounting right. So we have certain variables that
we fix so that you can then change the accounting.
So you know, we know through regressive analysis, we know
exactly what the variables are and how much they contribute
to the overall the overall winning profile, you know, in

(40:45):
terms of money.

Speaker 2 (40:46):
So four and three, and I'm sure you've done analysis
on why it's better than five and two or yes,
seven and six, or what was special about those numbers.

Speaker 1 (40:55):
Four and three? So we do a couple different things.
We work on five minute timeframes. It's four and three.
There's a lot of little variables to keep the saying, uh,
it's about survivability. So investors will say you know, the

(41:16):
key to making money is not losing money, right, don't
lose money because if you have let's say you have
one thousand dollars, right, and let's talk percentages. If you
have one thousand dollars and you lose fifty percent of
that money one year, then you're down to five hundred dollars, right,
what percentage do you have to make them to make
up that money back to a thousands? And that's just

(41:39):
see that math.

Speaker 2 (41:40):
I say, let's go. Sorry, I'm not good at math.
And I did that. I was proud of myself. That
was fast.

Speaker 1 (41:45):
Okay. So it's unreasonable to make a hundred percent, right,
So it's much easier to lose fifty percent than it
is to make a hundred percent. So you don't lose money.
Don't lose money, right. So it's about survivability, gotcha. And
we have a very fixed formula for how to We
don't go for larger gains. We don't go for the

(42:06):
home run trading more. We don't go for home runs.
We go for base hits. And what we do is
when you reach a certain level at one contract, you
then move to two contracts and you use the same
mathematical formulas for two contracts. Contract a contract. Ye think
of contract as like a stock. But a contract is
this they're called now in futures. It's not legally called

(42:29):
a contract for difference, but same thing, okay, so let's
call it a contract for difference. So you're looking at
your charts and you say, look, I'm going to take
a trade right here and go long. So I'm going
to do a long contract. And a contract is a
promise to your broker that, let's say the price is
at for four thousand dollars, right, If the price goes

(42:50):
up and you get out, the broker is going to
pay you the difference on that one contract between the
price you entered and the price you got out. Okay,
the price goes down, you're going to pay the broker
the difference between the price you got in and the
price you got out. It's a contract between you and
your broker.

Speaker 2 (43:06):
Okay.

Speaker 1 (43:06):
So you're not really you're not really physically trading a commodity.
You know, you're you're trading a contract. So one contract,
if you if it goes up four points, you'll make
two hundred dollars. It goes down three points, you'll lose
one fifty, right, But when you start trading two contracts,

(43:27):
so you click the button, it's two contracts. Now, when
you win, you make four hundred dollars and if you lose,
you lose three hundred. And then the mass just keeps
separating itself. Yeah, exactly, And so eventually you want to
be a ten or twenty contract trader, and so we
get you.

Speaker 2 (43:41):
From and that's just the protection of large numbers, right.
Like it's like the the more you have running, even
if you lose some, you're still going to be probably
with the four to three ratio being okay, Well at
a four to.

Speaker 1 (43:53):
Three rast show, if I take a trade with one contract,
if I if I win one, I make four points.
If I lose one, I lose three, still have a
net one. So you only have to be a fifty
to fifty trader to make a ton of money, right
because if you make our goal is one point a
day or five points a week, five to ten points
a week. Don't want you making any more than that,

(44:14):
and no less than that. If you're not making five
points a week, then you quit trading live and you
go back to simulated trade and find out what's going
on okay, and you've got hundreds of peoples in the
group to help you.

Speaker 2 (44:24):
So like people that are doing this, it's I mean,
the typical term for this is day trading, where it's
like very quick specific trades, not like just long term investing.

Speaker 1 (44:35):
Right, correct, correct, day trading, So we're we trade futures,
which is intra day trading. Right. Typically when somebody says
day trading, I know, they kind of mix it up.
Now day trading specifically for like stocks and penny stocks,
you know, you know, getting in and trading. The tax
on that is very difficult to manage. But with the

(44:57):
S and P five hundred, you're broker manages your overall
profit and loss, so the taxes are very easy to manage.
And mostly you know, now I'm not your accountant, I'm
not your lawyer, but typically sixty percent of your gains
is long term capital gains. Okay, unless you're doing it

(45:17):
through a business, and there's different structures, right, but as
an individual, typically sixty percent of you so it's very
favorable taxation on your gains. And it's you're not you know,
it's not like every trade you're keeping track of it
and all that. It's just at the end of the year,
you're broker goes this is what you love is what
you lost?

Speaker 2 (45:36):
Or most of your members this is their first full
time job. Like they're just they're making their income now
by trading.

Speaker 1 (45:41):
No, most of them, not most of them. They're not
making their income by trading. A lot of them. We
have a lot of real estate agents. Kind of the
profile is somebody that is reasonably intelligent.

Speaker 2 (45:55):
I'm out, you're out. Isaiah could do it.

Speaker 1 (45:58):
Yah, Yeah, I don't know how I ever got into it.
But they have to be reasonably intelligent. They have to have,
you know, reasonable goals and expectations. Sure, and they have
to look at this as a long term endeavor. You know,
you don't go to you don't start college, and two
weeks later you're a CPA. You know, it's kind of

(46:19):
one of those things. But unfortunately the market pitches it
the other way around. So you have to have reasonable
expectations and you have to have you have to have
some time to do it. Luckily, once you learn and
once you start building your track record, you have twenty
three hours a day, five days a week to do it. Yeah,
that's true, So you can do it, you know, at night,
and we have and then we have some people, so nurse.

Speaker 2 (46:40):
You have to trade during hours of like theid like
the Wall Street you.

Speaker 1 (46:44):
Know, No, not the Wall Street hours. You uh. It
starts at about six o'clock on Sunday, Okay, it goes
until about a little after four or fifteen on Monday.
Then it shuts down for an hour, starts up for
a few minutes, shuts down again really a little bit,
and then you know, so it's like twenty three hours
a day from Sunday at six o'clock to Friday to

(47:05):
Friday at four o'clock.

Speaker 2 (47:07):
That makes a lot more sense because I'm like, if
I own a business, unless I wanted to trade when
I'm not running my business, right, you'd have to like
take my mornings off the trade or whatever. And I
didn't know how that was functional for a lot of people.

Speaker 1 (47:19):
Yeah, some of it. You know, we have America's pretty big,
so he's got several time zones, so people in the
West Coast can get up really early, trade the opening
bell or pre opening bell and get that movement. And
I have some people that that's all they do is
they trade the opening bell, trade for forty five minutes
a day. You know, other people they catch the tail

(47:39):
end on the other side, and some people trade at night.

Speaker 2 (47:42):
And it really just people that enjoy they want the
control and they they enjoy the system and they want
to do it themselves, correct and correct. So then what's
what's go ahead? No, I'm just like, so what's the
if I have my listeners are like, hey, this is interesting.
I'm like, why would someone do this versus just work
with a broker, like a you know, like a normal

(48:06):
person that manages their roth ira and that kind of stuff.

Speaker 1 (48:09):
Yeah, so that would be an investor. Yeah, write an investor.

Speaker 2 (48:12):
That's the way I was looking for.

Speaker 1 (48:13):
It's typically passive as much.

Speaker 2 (48:16):
Fund just kind of let watch you know, capital funds,
just American funds, whatever, let us sit there.

Speaker 1 (48:21):
Yeah, and then you have an advisor planner to you know,
do that for you or you do it yourself and
you just let us say. So this is active trading.

Speaker 2 (48:28):
Yeah.

Speaker 1 (48:28):
And the cool thing about it that we didn't it
was really funny because the writing was on the wall
when when my friends came to me and said, hey,
we want to trade together and just have this little
thing that we do. You know, it was a social thing.
And I didn't anticipate that when we brought it to
people that it would be the social thing. In fact,

(48:49):
I have a meetup group here in Dallas, and so
tomorrow my meetup group captain he had a kind of
an emergency medical thing, but a bunch of my people
was going to meet me tomorrow. Yeah, I got a
meetup group here. So every major city we had meetup groups.
We also had cruises, trading cruises. That's fun events. It
was a big social that makes social thing kind of

(49:11):
an exclusive social group. There's some really cool things have
happened within the group. People have helped people. You know,
I had a medical doctor that helped a terminally ill
patient while he's still alive. Well he did it for
free because she was a member of the group. We
couldn't advertise that within the group because then everybody with me,
I think, yeah, so, but it happened. You know, We've

(49:35):
had some really a lot of cool things networking networking
from the social yeah yeah.

Speaker 2 (49:40):
And do you have people that might still use an
investor for their long term retirement and then use you
guys like for their side cash. They're like, hey, I
want to be aggressive with this side money. This is
twenty percent of my portfolio. But I want to be
uber aggressive trade this and then I still have my
you know, wroth max style and right, yeah that makes sense, but.

Speaker 1 (49:59):
Yeah, we do that. We do that. And one of
the really cool things that people don't realize is we
can set people up or give them to a different
company because we don't do it internally. Once they learn
how to trade, we can set them up with another
company to do a self directed IRA. And when you
start trading, I don't care if you're poor or if
you're a multimillionaire. You start your account with three thousand

(50:22):
dollars in one contract because if you can't, if you
can't manage your dimes, then you can't manage your dollars. Right,
So we now if you're a multimillionaire, we have ways
that we can skip certain steps or accelerate through them.
But it's very planned. So everybody starts with a three
thousand dollars brokerage account.

Speaker 2 (50:42):
Gotcha, So if.

Speaker 1 (50:43):
They have, you know, twenty grand to start these companies.
This is one thing that you hear online. You know,
they'll have you take out four hundred thousand dollars and
put it into account and then next thing, you know, you're.

Speaker 2 (50:54):
Broke because we don't do that mistakes yet.

Speaker 1 (50:57):
Yeah, you'll like, if you're a client, you'll that makes
you deal with me. I find if I find out
and I have my ways, I find out you took
a lot of money out and you're a delta trading
person with a certain a couple of brokerage firms, and
somehow I find out, you're gonna get a call from me.
You know you're messing up. So we don't want people

(51:17):
to lose their money. So they start with three grand and.

Speaker 2 (51:20):
You're hout to trade the pennies and then they can
graduate and then they work their way up. Yes, that
makes sense.

Speaker 1 (51:25):
Another thing that you'll hear, you'll you'll see people do
is is they'll trail stops. You know, as the price
moves up, they'll move their stop up. If they're right,
that sounds like a good idea, And every every everybody that.

Speaker 2 (51:38):
You find to stop real quick for those that don't know, because.

Speaker 1 (51:42):
Yeah, so let's talk about it. Yeah, so a stop
is like a stop. I've had enough cry on. So
you'll place a trade and you'll put in two targets.
When is the target of the money that you gonna
the four points goes up four points, I'm gonna take

(52:03):
my gain and I'm off the table. The stop is
I lose three points. Once you lose three points, computer
gets you out that trade. The floor is the floor
exactly the stop. So it'll happen is as the price
is going up, people will then start moving their stop up.
So it's not if the original place they set it.
They'll start moving it up. And everybody invents that. Yeah,

(52:27):
and you know we of course we train you not
to do that in the beginning, but it seems like
everybody wants to turn. The risk of doing that is well,
when you your stop is the least amount of money
you're willing to take on a particular trade. So if
you're moving it up, what you're doing is you're choking
yourself out. It's like doing CPR and somebody while standing
on their chest.

Speaker 2 (52:46):
Right because you're protecting yourself like you're only going to
lose three percent. But if you keep moving it up
and it drops.

Speaker 1 (52:52):
You're out. You're out of the trade immediately. So what
happens is is it actually gets you out of the trade,
usually sooner than you would have normally got out of
the trade and it messes up all of you. Again.
You can't do the accounting because you're changing your target,
you're changing your variables, so you can't properly do the
statistic statistics and the accounting on your performance and know
if you made good decisions. So how do I know

(53:14):
if I made a good decision, if I changed my target?

Speaker 2 (53:17):
You know you can't.

Speaker 1 (53:18):
Yeah, and then you always go back and it's really
psychologically damaging. Well, I would have hit it. I would
have you start getting into all the wood good is
and then you can start getting into the personal regret. Divorced,
divorced and your dog leaves you and.

Speaker 2 (53:33):
Not my dog.

Speaker 1 (53:34):
You lose your dog even but you know, so that's
a very bad path. But everybody you know initially thinks,
oh I thought of something.

Speaker 2 (53:42):
I'm a genius.

Speaker 1 (53:43):
I'm a genius. I fixed it. Yeah, but not always
keep you away from that. There's there's multitudes of things
that are taught out there that are just bad. And
until somebody busts several accounts and loses tends, they don't
get it.

Speaker 2 (53:58):
They're in the hard way and hard way. Yeah, they
learned the hard way. And I think what you're doing
is really unique, like because I haven't really announced this
on my podcast, but like I'm doing a very similar thing.
When it comes to companies or individuals looking too great podcasts,
I sell education packages. Yeah, I'm like, I'm gonna take
two and a half years of experience and I'm gonna
save you forty to fifty hours of trying to come

(54:21):
up and I will teach you everything you need to
know in two ninety minute sessions and then thirty days
to ramp up your podcast. But like, I'm not selling,
I'm not promising you growth, I'm not promising your views.
I'm just gonna give you education. And there's value in
that and that that makes sense to my brain versus
like guaranteeing numbers and taking percentages and all that kind
of stuff. Like it's a it's smart, it's a smart idea.

Speaker 1 (54:43):
You can't you never know how people are gonna present themselves.

Speaker 2 (54:47):
And you don't really know, Like same with you. You don't
know if the agress is gonna pick someone up. It
doesn't from like you just don't know, and you can't.
And for me, I see podcast gurus and social media
gurus all the time. We guarantee that if you work
with us, we will you know, ten x your account.
It's like, you don't know that, and you probably have
bots paid to make sure that you hit your quotas

(55:07):
for them, and then the moment that they ever stopped
paying you, you pull the bots and they don't actually
have any real attraction. They don't have a real community.
They didn't build it organically.

Speaker 1 (55:16):
Like the media managers you know, right, it's the same.

Speaker 2 (55:20):
So it frustrates me. With someone my best friend, Sam Trevor,
he manages YouTube channels for a living and he does
really well. Like he manages like if you're like the
top YouTubers in the world, he probably manages them like
it does a very good job. And the misinformation, even
in that field of YouTube creation and content is just
the amount of gurus that say things and it's infuriating.

(55:43):
So I understand to a degree when you're like wanting
to slap someone through his screen, right, yeah, like you know,
or people charge astronomical fees for just jump right, And
it is frustrating because I know that I've built this
podcast from scratch, right, you know, no watched to videos,
figured it out, built built a community, and then there's

(56:04):
people that don't know what they're talking about, charging dumb
money for the people are just getting scammed.

Speaker 1 (56:10):
Oh we've we've tried to hire some of them, gone
through them, you know. We we said, you know, look,
we built a really good thing on radio AMF and radio,
and you know, like I said, our clientele started getting
more and more more and more right wing, a little
bit nuttier, nuttier. We're kind of a centrist, you know.

(56:30):
I want to have you know, common ground people in there,
people that are fiscally responsible. You know, I really don't
care what you think about the world. Yeah, yeah, yeah,
but and and oh we're like a family. You know,
they argue about politics and things and the group and
this and that. You know, so if you get offended

(56:50):
by stuff like that, I mean, not bad. It's just
like a regular just like a family. And so when
we decided to, hey, look, you know conservative talk radios
kind of go in this direction a little bit. You know,
our clients are getting a little older and all that,
and we want to do kind of bring it to

(57:15):
the center in terms of age and like political views
and you know things like that. Nobody that has an
extra grind, right right, Yeah, So I said, well, let's
let's go to let's go to social media, Let's go
to the internet. Do a lot of advertising on there,
because the audience is probably way bigger than AM or

(57:36):
AM and from radio. Right. So we still haven't found
anybody really credible to take us on that journey, even
though you know, we want to have about ten thousand
people in the group, and we want to make the
upper part of the group. It's like the black card
of you know, investing group. So we're adding cryptocurrency to it.

(57:58):
I created a group, you know, one of the things
I talked about stocks right, doing the lesson than stocks.
People drived a lot of things from that. A few
years ago, a lot of people were asking about crypto.
They knew I was highly invested in cryptocurrency and the blockchain,
and so they had asked me about it. We talk
about it during the sessions. But I decided to create

(58:21):
an account and we created a little web page for
it called a whale account, Whale account Live and whale
account dot com. And what I did was I took
a million dollars and I put it in a crypto
account to let my members trade it and learn about it. Wow,

(58:44):
you know, I'm like, Okay, this is what we're going
to do.

Speaker 2 (58:47):
This is their play money, their education money.

Speaker 1 (58:49):
This is the education money, this is the play money.
This was let's do it. And our goal was to
I hate to say it, our goal is to ten exit.

Speaker 2 (58:59):
Shut up.

Speaker 1 (59:02):
That was our goal.

Speaker 2 (59:02):
This code get let's go.

Speaker 1 (59:04):
Yeah. We didn't an exit. We did, we did very well.

Speaker 2 (59:10):
Twenty exit.

Speaker 1 (59:12):
Yeah, why don't we at a thousand billions trillion exit?

Speaker 2 (59:15):
Yeah, you just have to buy my course for five
ninety nine and yeah.

Speaker 1 (59:20):
So and that was for our members. Yeah, you know. Uh,
and we thought, well value, pardon great value. Yeah, they
didn't cost them anything. So we decided to educate the
people about about crypto and about like what all these
people out here are saying wrong, you know, the bit
boys and all these kinds, and so it worked out

(59:43):
really well. Then then things started going south a little bit. Yeah,
and I said, well, you know, we are. We weren't
actively trading with a lot of leverage or anything like that.
We were just doing fundamental analysis on the companies, looking
at the utility, looking at the adoption of their networks
and things like that. And we'd move money around a
little bit. But mostly buy and hold unless the peak happened,

(01:00:06):
and you know, a couple things like that very very
moderate did very well, the market start going the other way.
So I said, okay, time to shut it down and
we'll look at it again. And so one of the
things we want to do right now is I notice,
with a lot of newer platforms coming up that are

(01:00:28):
blockchain based, people are really getting interested in blockchain again.
So I kind of have a theory it's worked before,
and there may be some other theories that are just
as good. But in order to invest in something like crypto,
it really helps to understand some basic investing and basic

(01:00:50):
money management. So if you want to invest in crypto,
you should probably learn how to invest in in like
the S and P five hundred the Future's Mask, so
you understand the fundamentals of how companies work and things
like that, because then you can look at if you
don't understand it, you look at a crypto company and go,
what do they do?

Speaker 2 (01:01:08):
Right?

Speaker 1 (01:01:09):
But if you do understand it, you can look at
the crypto company apps and yeah stuff, yeah, and you
can ask them what do you do and if they can't,
if they can't give you an answer, that a five
year old could understand, Yeah, they're probably not doing what
they need to be doing, or they don't have shit,
Like there's no utility, right, like if you can't explain it,
you know, who's getting fed, who's getting the house?

Speaker 2 (01:01:28):
Who's like correct, what's the product? Does this accomplished?

Speaker 1 (01:01:33):
Yeah? Yeah, And people are investing in things that don't
do anything, or they might have a network, Oh it's
a network and you know it's just a network.

Speaker 2 (01:01:40):
Or it's a mean coin, or it's yeah, that's the
weird thing for me with like even uh Craig was
talking about XRP and uh, you know Ethereum, bigcoin, doge coin,
like all of those are transactional coins that we give
them the value when people the coins, right, But that's it.

Speaker 1 (01:02:02):
That's it, right, that's.

Speaker 2 (01:02:03):
Literally all Like there could be other benefit's like you know,
maybe it's a fast transactional thing like, but it's just
trans for what that's You're right, like if the moment,
if to tomorrow everyone said x rp's dumb, there's no
inherent value outside of people saying it has value, people
disagree with whatever, that's my take on it. But then

(01:02:23):
you have someone like optio it's because I don't know
a ton about this one. I do know. It's like,
what does optio do. Oh well, it's a competitor at
a WS and it's decentralized and it powers apps. Oh
so it it does something so like to me like
buying a note or but it's like it's like buying
stock in a company exactly, Like it's fine, yeah, you're

(01:02:44):
you're you have ownership in this new you know company.
And it's uh, if for whatever reason, let's say Parlor fails,
but Kaivo is winning, like it doesn't. It's the opto
still powerful, like it still does something like it's still
powering Triton, it's still powering other things. And that's exciting

(01:03:06):
to me. Like that makes sense to my brain because
you get it. Yeah. And when when Brian met me
at Amfest, it was a conservative event, Charlie Kirk event,
that's where I first met him, and and so I
was like, yo, just get brighter. And when he said
that to me on my podcast, it was like there
were like one hundred thousand people around us. It was
like crazy, really loud, and we're talking and he said that,

(01:03:26):
and it just clicked. I'm like, oh, this is the
first time I've got excited about a crypto project that
like it does more than just here's a coin that
we say has value, you know, and I'm like, this
is cool.

Speaker 1 (01:03:39):
Well, Ethereum was one of the first big ones out
there that said, hey, we're going to provide utility. Yeah,
the problem with Ethereum.

Speaker 2 (01:03:47):
Is what utility did they say they were going to
provide what utility did?

Speaker 1 (01:03:50):
Well, the network to do things on. But that was
the second part of the statement, is that that when
somebody else creates a layer, goes on it, the value
is in that layer and then not picked up from Ethereum.
So so then they create other applications, you know, based
off of Ethereum, you know, so these other layers of

(01:04:13):
other things. So people see the value in those, they
start investing in those, but not in the theoryum itself,
not in the foundation. Something like optio is it's you know,
look at a railroad, right, so you own the railroad.
Now if you own the steam engine and the railroad cars,
like those could break, but the railroad tracks are still there.
You know. Optio is the railroad tracks for parlor, you know,

(01:04:37):
for you know, everything, for everything else. Play TV right,
So if any of those go off, well, then there's
network traffic for for optio, and that's the that's that's
that's the utility. And optio is something that I was
looking for since twenty seventeen really hard, you know, because

(01:05:00):
I was frustrated the same thing, like, you know, people
are asking me what to get into, but I can't
name anything of value. You know. Tron was one that
I could name value. I did really well with Tron,
you know, bought in two cents and less, you know,
and got out in the twenties. I mean, it really
did well. But but it was mostly early adopter type things.

(01:05:22):
You know, who won the video wars between Beta Beta
Max or yeah and uh and vhs. You know, like
who's responsible for that happening? You know, the pornography industry,
because they were early adopters. They are like, wow, now
we don't The video editing is so much easier now,
you know, with these cassettes, and you know, then eventually

(01:05:44):
businesses picked up, Hey we could they could do pornography,
so we could do we could do sales, training videos,
you know. And then right, it's the early adopters I was.
I had I owned some back in the day, they
had bulletin boards, right, yeah, so you dial in ONOL
on the telephone right on old modems to a bulletin board.

(01:06:05):
You could file share things like that. But all the
bulletin boards, what were they doing. They're pirrating software, They're
pirrating you know, they're doing some gambling. They have the
bookmakers on there, they're right. So it's all these I
call them the vice adopters, all the vices, you know,
gambling and porn and and share sharing copyrighted material. Right,

(01:06:27):
so those are all the really early adopters. Same thing
with the Internet when the World Wide Web came on,
Same thing with like every new technology, those early adopters adopters, yeah,
or what's that, the vice adopters, the vice adopters, Yeah,
interesting yeah, so uh and then then mainstream like comes on.
So we're kind of like in that stage in crypto

(01:06:48):
a lot of right. So if you take a look
at like Tron, there's a lot of gambling programs that
were written on Tron. But but they set the precedence
for for applications or adapts, centralized applications to be able
to be written on that layer on Tron, you know,
So that's Tron's values is they provide the tools to
do it with solidity and stuff like that. So I

(01:07:11):
was a big Tron guy, and I was hoping when
Tron did the acquisition of I was hoping that when
Tron did the acquisition of BitTorrent, right, that all those
BitTorrent nodes we're going to be utilized as a cd
n's content delivery networks or as data. I was looking
from the data standpoint, well, you know, having a protocol

(01:07:33):
for ubiquitous databases out there. But every investor that I
every every guy that runs a fund that's a crypto fund,
they're just spent. I mean like, I'm like, okay, well
why would I invest in your fund rather than put
my money directly into bitcoin? Right? Like like what's the

(01:07:54):
you know, get yeah yeah, value? Yeah yeah, what's the
what's the advantage, what's upset? What's the up sale here? Right?
But I couldn't convince anybody that did a a independent
ubiquitous cd in or database, you know that concept. And
when Parlor went down in twenty twenty, I used them

(01:08:16):
as an example from that. Now I'm stupid because I
should have called Parlor four years ago and said, hey,
what's up. Yeah, right, I didn't even think about it.
I'm using them as an example of what went wrong
and why we need this. But I never called them.
And then a friend of mine called me out of
the blue, Hey, you know anything about validator nodes? I said, yeah, sure.
So I'm explained to him on the phone what it
is not. I'm like, I'm like, I'm like, uh, what

(01:08:39):
company are you asking about? Was you ever heard of Parlor?

Speaker 2 (01:08:42):
And You're like no.

Speaker 1 (01:08:43):
I'm like, I'm like, you gotta be shitting. I'm like,
you're kidding me, right, Parlor? So I said, well, let
me tell you about my crusade, you know. And then
you know, I was just crusading in the wrong pastors. Yeah,
you know, I had my chouse equipment, but there was
no opposing horse. And then I so then I decided

(01:09:04):
to get involved with Optio. So I took a look,
got rid of some of my holdings and in Tron
and didn't get out of all of them, but got
rid of some of my holdings in Tron and came
over to.

Speaker 2 (01:09:15):
The and Optia as a CDN. Now, like when we
acquired edge Cast, like like a lot of the like
it's it's exciting stuff, Like there's I don't know much
about this world, like you know, you know about my
I'm an insurance guy with a little media, but like
from what I've been told and read and learned, like
the moves are exciting, and so I'm excited to see
with the next six months to a year for this

(01:09:36):
company and then for creators coming over on play TV.
Like there's just so much cool things happening at one time,
and they're doing the right They're building the structure first,
they're building that foundation, they're there, and then they're taking
it to scale. So I'm excited for it.

Speaker 1 (01:09:51):
One of the nice things I like about optio is
is how some of their planning is going. You know,
they getting on a couple of small exchanges, foreign exchanges,
don't try to pump the price, keep keep that subdued.
And if if you do the math, they're nicely right

(01:10:11):
where they should be. You know, with like the maximum nodes,
how much coins, the maximum coins going, you divide that
out and everything else. Then you look at the price
it is today and you'll see that it's right where
it's supposed to be.

Speaker 2 (01:10:28):
And that's what you want because you don't want it
to be Wait wait, why is it inflated here? Like
you want it to be in a good, safe number.
And then they're just building out the utility and then
when they do take it to market, the utility is
already there, like it's been proven, it's functional, it's working,
and I mean, I think it'll be exciting for a
lot of people.

Speaker 1 (01:10:48):
Parlor play t TV all that, that's all proof of
concept and how the network works. So they own the rails.
They're on the railroad tracks coast to coast.

Speaker 2 (01:10:56):
And even if one of the apps don't take off
or one of them, it doesn't matter. It doesn't matter
like they're on the railroad tracks. Yes, that's the cool
part about this whole thing. Yeah, and so anyway, I've
spent Have you met Jason yet. Jason's a CMO Chief
marketing officer.

Speaker 1 (01:11:13):
Briefly, No, no conversation.

Speaker 2 (01:11:14):
Yeah, he's great. So him and I were up to
like one am last night. Talked for a lot of
the fun stuff going on, and so I'm excited and uh,
well I'll tell you what it was. This was fascinating
I had for the listeners. Brian, they know Brian Ferry
Brian's been on twice. Yeah, so they you know a
lot of my community loves Brian and hearing about you
know when he gets talking his stories and everything. And

(01:11:36):
uh we were I was just walking by and Brian's like,
you got to interview Vance And I said, okay, and
this was phenomenal, Like thank you for your wisdom and knowledge.
Like I can tell you know your stuff and you
believe in it. And I always give my guests an
opportunity to promo something, give a plug for it could be, uh,
your company, it could be for a new project you're

(01:11:58):
working on. Where can people find more formation? Like you
can plug whatever you want. Now that's your opportunity. Oh sure, sure, sure.

Speaker 1 (01:12:04):
The biggest thing I'd plug would be optio and parlor
and play TV and getting involved, getting involved and spreading
the word on such a wonderful platform. I don't you know,
that's one of the things that we need to do.
But in terms of our country company a Delta Trading Group,
if you go to DTG dtgu see what would be
the best Or you could go to Delta Trading Group

(01:12:28):
and give us a call if you wanted to look
at the options or futures trading Delta Trading Group dot com.
That's a good one, perfect or DTG portal dot com,
DTG portal. But you're not going to find anything on
those sides to to learn how to trade on those sides.
We just invite you in to see what we do.
And I'm looking forward to really getting involved deeply with

(01:12:49):
with the network here with Pulse.

Speaker 2 (01:12:52):
Pulse is gonna be great and it'll all be great, man.

Speaker 1 (01:12:55):
And it's it's phenomenal. And without a two hour dissertation
for it, it's hard to explain to people why it's
so good. Yeah, but doing things right, so that's awesome.
I'm looking forward to getting involved.

Speaker 2 (01:13:08):
All right, Well, your information will be in the description
of the video with a link, so I'll make sure
the link's right, so I'll text you or whatever before
we release it so you can find information about your
company there. And man, thanks, this is fun. DG portal
dot com. Okay, go to DTG portal dot com check
out more. And dude, this was fun. Thank you. This
was I learned a lot. Isaiah, did you learn something? Yeah, so,

(01:13:33):
Isaiah learned a lot. And this wasn't even schedule. This
was an impromptu Sometimes the impromptu ones are the best.
It's a totally impromptu, no script, no, it's just how
it works. But thank you so much, thank you so fun.
And yeah, as Van said, guys, check this episode will
be on PlayTV, So if you're listening to this episode
you want to watch it or watch clips from this episode,
go to PlayTV. The verticals all this stuff will be there.

(01:13:54):
You can find my account also on parlor dot com,
which is also a sponsor of this podcast. So thank
you guys for watching this episode of The Dylan England Show.
As always liked, common, subscribe, share with a friend, family member,
and peace, have a great day. Thank you for listening
to everybody to this episode of the Dylan England Show.
Thanks Ben Cool. That's a rap, that's a wrap. We
did it.

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