September 26, 2021 • 14 mins
In this Cliff Notes we talked about stock options and the best ways to profit from them.
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Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
With Robinhood, not only can you trade individual stocks and ETFs,
you can also seamlessly buy and sell crypto at low costs,
trade all in one place. Get started now on robin Hood.
Speaker 2 (00:11):
Trading crypto involve significant risk. Crypto trading is offered through
an account with the Robinhood Crypto LC. Robin Hunt Crypto
is licensed to engage in virtual currency business activity by
the New York State Department of Financial Services. Crypto helth
thro robin Hood Cryptos not FDIC insured or SIPC protected.
Investing involves risk, including loss of principal securities. Trading is
offered through an account with robin Hood Financial LLC member SIPC,
a registered broker dealer.
Speaker 3 (00:30):
Yeah.
Speaker 4 (00:30):
Man, so obviously you know, like we said, do your
own research. And so I was in the lab this
morning and right before I actually called Ian and he
ain't pick up. But I'm like, ooh, I'm looking at
my charts, going over my calls because I'm reevaluating my
portfolio and low and behold, I see January nineteenth, twenty
twenty four. I was actually looking at SMH, looking at
(00:55):
for the future of SMH, and so I'm like, oh,
SMH is January twenty twenty four. Let me check the
that's to my table. Oh ac'ts okay, January twenty twenty four.
Oh wait wait, let me check Apple. And so long
story short, option chains have extended to obviously January nineteen,
twenty twenty four. And so right now, I was in
(01:15):
the lab all day, redesigning the portfolio to say, all right,
we can go with a longer term play here, we
can go with a longer term situation here, and I
put the back call out. I put it in the
group chat. It was like the first person to respond
Wall Street trapper. He said, yes, brother, But he also
said that something very important, and we mentioned it at
the beginning of September, that quadruple witching happens in September.
(01:37):
And so for everybody that is interested in getting option
calls at this point, I would definitely and this is
just recommended.
Speaker 3 (01:45):
You don't have to do it, but I would wait
after witching.
Speaker 5 (01:48):
Tell them about the chain. What is the option chain?
Anybody that might be watching Monday that doesn't know about
options too much, what is the option So.
Speaker 4 (01:56):
The option chain is really the expiration day, right, and
so each each stock has an expiration date and like,
so this week, what's what's Friday September. I think I
have an option that's expiring September eighteenth, September seventeenth, seventeenth,
there will be contracts and the option even in the
futures market, that will be expiring. And so when you
(02:18):
see contracts aspiring, usually that means obviously when some expired,
there will be new ones created. And so usually around
which and you'll see new ones created or options extended.
And so when I say new ones created, I want
to be very clear, twenty twenty four is an extension, right,
that's a new year. When I say new ones created,
I mean so like if we're in September twenty twenty one,
(02:40):
you may see new ones created like February twenty two,
or you might see March twenty two. So they've extended,
but not a new year. And so this week and
I think some of them, I believe September third, we
started seeing some of them, some of them open today,
and so that's good. And there's a few reasons why
I think it's a good thing. It's because when the
option call opens, you can see its initial price. You
(03:01):
can see where it was valued at. Two things whyle
that matters, right, two reasons. You can see if you're
gonna buy it undervalue. Right, So if that option price
opened at twenty five or two dollars and you buy
it at seventy nine cents, you can see that there's
been a drop in this option call.
Speaker 3 (03:17):
This might be a good place to get in, right.
Speaker 4 (03:19):
If you're looking at the asking a bid, or if
you're getting it it opened at two dollars and now
it's at five to seventy, Right, Obviously this has run
up a little bit. This might not be the best
place for you to get in. And so these are
some of the things that I'm looking at when I'm
looking at option calls. And then like in two days,
I'm going to get a call from a shop bellow
and he's gonna tell he go, say, what's the move?
Speaker 3 (03:41):
What we're doing?
Speaker 4 (03:42):
But yeah, so with the call is out, And so
if you're interested, if you trade options, twenty twenty fours
are out. What's quad So it's when contracts expire. And
so like I said in a few.
Speaker 6 (03:57):
You're funny, that's fun.
Speaker 4 (04:02):
So the third the third month, and the third week
of the third month of each quarter usually contracts expire,
and so that's happening this week, Like I said, Seceember seventeenth,
September eighteenth, seven seventeen, since the eighteenth is on a Saturday,
those contracts will aspire and new ones will be created.
Speaker 3 (04:21):
And so that.
Speaker 4 (04:22):
Means that people are selling out of their positions, right,
they're saying, Okay, either we're taking profit and we're moving on,
or we're taking profit and we're extending into later positions.
Speaker 3 (04:31):
And so that's happening this week.
Speaker 4 (04:33):
And so when I text that travels like yo, we're
gonna wait to after which and so that would be
next week. And that strategy has worked for us in
the past. I'm saying us because we have a similar
trading portfolio.
Speaker 7 (04:44):
So for those of you who want to overtrade once again,
I want to ask how many trades have you guys
done this year?
Speaker 3 (04:50):
Right? Us us personally? Yep, not a lot. Yeah, this
year has been.
Speaker 6 (04:57):
Less than ten Yeah, yeah, yeah, yeah I did.
Speaker 3 (05:00):
Yeah, we'll talk about that in investment in our group chat.
But yeah, not many. Like I said, I probably did
like six five, like five five, I'm probably like ten.
Speaker 7 (05:10):
Your money long term other ten percent of trading you
guys should do less than ten trades a year.
Speaker 6 (05:14):
If you was that invest us, you know the formula.
Don't come on here.
Speaker 7 (05:17):
In eight weeks, I lost eighty eight thousand dollars fourteen trades.
Speaker 6 (05:21):
I'm laugh.
Speaker 3 (05:22):
Do you tell you to do that? We tell you
to do that? Oh yes, Erness, what's up?
Speaker 4 (05:28):
You ever walk into a small business and everything just
works like The checkout is fast, the receipts are digital,
tipping is a breeze, and you're out the door before
the line even builds odds are they're using Square. We
love supporting businesses that run on Square because it just
feels seamless. Whether it's a local coffee shop, a vendor
at a pop up market, or even one of our
(05:49):
merch partners, Square makes it easy for them to take payments,
manage inventory, and run their business with confidence, all from
one simple system. If your a business owner or even
just thinking about launching something soon, Square is hands down
one of the best tools out there to help you start, run,
and grow. It's not just about payments, it's about giving
(06:11):
you time back so you can focus on.
Speaker 3 (06:13):
What matters most Ready.
Speaker 4 (06:14):
To see how Square can transform your business, visit Square
dot com, backslash, go backslash eyl to learn more that
Square dot com backslash, go backslash eyl. Don't wait, don't hesitate,
Let Square handle the back end so you can keep
pushing your vision forward. This episode is brought to you
(06:37):
by P and C Bank. A lot of people think
podcasts about work are boring, and sure they definitely can be,
But understanding a professionals routine shows us how they achieve
their success little by little, day after day.
Speaker 3 (06:50):
It's like banking with P and C Bank. It might
seem boring.
Speaker 4 (06:54):
To save, plan and make calculated decisions with your bank,
but keeping your money boring is what helps you live
more happily fulfilled life. P and C Bank Brilliantly Boring
since eighteen sixty five. Brilliantly Boring since eighteen sixty five
is a service mark of the PNC Financial Service Group, Inc.
P and C Bank National Association Member FDIC.
Speaker 8 (07:18):
You just realized your business needed to hire someone yesterday.
How can you find amazing candidates fast? Easy? Just use
indeed stop struggling to get your job posts seen on
other job sites. With indeed sponsored jobs, Your post jumps
to the top of the page for your relevant candidates.
So you can reach the people you want faster. According
(07:39):
to Indeed data, sponsored jobs posted directly on Indeed have
forty five percent more applications than non sponsored jobs. Don't
wait any longer. Speed up your hiring right now with Indeed,
and listeners of this show will get a seventy five
dollars sponsored job credit to get your jobs more visibility
at indeed dot com slash pod Katz thirteen. Just go
(08:02):
to Indeed dot com slash pod Katz thirteen right now
and support our show by saying you heard about Indeed
on this podcast. Terms and conditions apply. Hiring Indeed is
all you need.
Speaker 3 (08:18):
I know for sure.
Speaker 4 (08:19):
In Apple, I'll just put the ones that are in
my portfolio that I'm looking at Apple, Square, Disney, XLK
XL y SMH.
Speaker 3 (08:30):
I added.
Speaker 4 (08:31):
And then we were on the phone, I talked about this.
I'm like, I'm like, look, I'm thinking z Scaler. I
had a position there. I spoke about it last week
and CrowdStrike and we kind of had a little back
and forth there about that, and so yeah, man, so
that's where I'm at with it, And I just want
to give everybody the heads up because I know sometimes
it'll be like six weeks into according.
Speaker 3 (08:50):
You're like, wait the twenty twenty four calls. I'm like, nah, I.
Speaker 4 (08:53):
Told you today September thirteenth, when a lot of them
opened and I saw the opening price, I got the
sheet right there, had a hold new notepad.
Speaker 3 (09:01):
I actually took that strategy from Chap.
Speaker 4 (09:03):
Every time I see him walking and you talk to
him about stocks, he's writing it down in a notebook.
And so I started getting the notebook myself and writing
it down. So I got my opening prices for somebody.
So I know when I entered these positions where I'm
entering the matt if I'm entering them at value. And
so yeah, something that's a little tippit that maybe you
can add to your arsenal as well.
Speaker 5 (09:23):
Yeah, there you have it all right, So yeah, Nat,
you're back. Let's talk about these top three lessons learned
from one of the Red PANDAM members that made forty
two thousand dollars trading futures in the last thirty days.
Speaker 7 (09:36):
Man, I'll go back to what we were just talking about.
It's a few trades. So today Nasak dropped really hard.
Put us to my guy. I won't say your name
because I want blowing you up like that. But everyone
thinks that the secret to making a lot of money
and trading is to trade more. It's actually less. Like
last month I took eighteen trades one or eighteen, and
(09:57):
I could argue probably even last month I probably overtraded.
So Number one, I'll say here, only take ten good
trades on the year. Number two, have a really really
big target. So if you are going to trade, capital
size up after you practice your three hundred trades, and
your trades should make you a sizeable amount of money.
If your trades are not making you between let's say
five to fifteen thousand dollars per trade, your risk reward
(10:21):
ratio is off when your target is too short. And
number three the part that me and you trapp shot
a bam Mike MG. Everybody who being in chat, you
have to put the time in. Please put this in chat.
If you want to get rich, you have to invest
in your knowledge. I'm not selling you guys anything, but
the number of people that I've met when I asked, hey,
(10:42):
have you read twenty five books this year, They're like no.
I'm like, if you knew how exhausted we were on
a day to day basis. You know, Rasha, I got
a migraine from being out in the sun. You probably
put up twenty eight thousand jumpers while giving out T shirts. Right,
I'm driving to drop Xander off when he's sick. Then
come back and do the like I'm telling you for
(11:03):
the one of to you who are going to listen,
your ultimate edge is knowing that everyone you're competing against
it as lazy as hell. Please read fifty pages a
day complete turtle Traders, market wizards, unknown market Wizards, hedge
fund market wizards, and dive through those pages and then
everyone's going to have the same roller coaster. If you're
excited when you first start, then you lose and you're like,
(11:25):
I should quit?
Speaker 6 (11:26):
What my god did?
Speaker 7 (11:27):
He just kept pouring in and then you know he
was hitting me at two o'clock, three o'clock in the morning,
four o'clock in the morning with ideas, And that's when
I know he was getting into his own because the
knowledge is going to equip you to be able to
make the kind of capital that you want.
Speaker 6 (11:39):
Because this really is a game of information. That's why
I put so.
Speaker 7 (11:43):
Much time into reading and tell you guys to pour
in so much because all the secrets are hidden in
the book. But once you put them together like a
gumbo pot, that's what your edge is going to be.
So read more, you need your trades should produce five
to fifteen thousand minimum per trade. No fot, you're not
going to hit five hundred dollars a day. You're not
going to do it. No business is that Like Apple
(12:05):
does not clear a certain amount of dollars per day
every day.
Speaker 6 (12:08):
They have peaks and valleys, right.
Speaker 7 (12:12):
And then also to the blast bonus tip I'll get
is like you need to say the affirmation of how
much money you want to make. Everything that we've all
done on the show, we set it out verbally either
to ourselves or each other out.
Speaker 6 (12:23):
On the show, and then push to make it happen.
Speaker 7 (12:28):
I see a lot of people talking about trading and
say they want to be free, and I'm like, what
kind of targets do you want to make it?
Speaker 6 (12:33):
They're like, man if I get two hundred dollars a day,
I'll be cool. I'm like, no, you won't. No, you won't.
So set a big target.
Speaker 7 (12:38):
Don't tell your family, don't tell your friends, keeping a
side of you and tell yourself that you're capable and
you're worthy of it, and you can make it happen.
Speaker 6 (12:45):
So I hope to help you guys, but please read more.
I'm begging you.
Speaker 5 (12:52):
My graduates from my school being forced back.
Speaker 3 (12:55):
Drop drop, drop drop.
Speaker 8 (13:00):
You just realized your business needed to hire someone yesterday.
How can you find amazing candidates fast?
Speaker 3 (13:19):
Easy?
Speaker 8 (13:20):
Just use Indeed. Stop struggling to get your job posts
seen on other job sites. With Indeed sponsored jobs, your
post jumps to the top of the page for your
relevant candidates, so you can reach the people you want faster.
According to Indeed data, sponsored jobs posted directly on Indeed
have forty five percent more applications than non sponsored jobs.
(13:41):
Don't wait any longer. Speed up your hiring right now
with Indeed, and listeners of this show will get a
seventy five dollars sponsored job credit to get your jobs
more visibility at indeed dot com slash pod Katz thirteen.
Just go to Indeed dot com slash pod k at
z thirteen right now and support our show by saying
(14:04):
you heard about Indeed on this podcast. Terms and conditions apply.
Hiring Indeed is all you need
With Robinhood, not only can you trade individual stocks and ETFs,
you can also seamlessly buy and sell crypto at low costs,
trade all in one place. Get started now on robin Hood.
Speaker 2 (00:11):
Trading crypto involve significant risk. Crypto trading is offered through
an account with the Robinhood Crypto LC. Robin Hunt Crypto
is licensed to engage in virtual currency business activity by
the New York State Department of Financial Services. Crypto helth
thro robin Hood Cryptos not FDIC insured or SIPC protected.
Investing involves risk, including loss of principal securities. Trading is
offered through an account with robin Hood Financial LLC member SIPC,
a registered broker dealer.
Speaker 3 (00:30):
Yeah.
Speaker 4 (00:30):
Man, so obviously you know, like we said, do your
own research. And so I was in the lab this
morning and right before I actually called Ian and he
ain't pick up. But I'm like, ooh, I'm looking at
my charts, going over my calls because I'm reevaluating my
portfolio and low and behold, I see January nineteenth, twenty
twenty four. I was actually looking at SMH, looking at
(00:55):
for the future of SMH, and so I'm like, oh,
SMH is January twenty twenty four. Let me check the
that's to my table. Oh ac'ts okay, January twenty twenty four.
Oh wait wait, let me check Apple. And so long
story short, option chains have extended to obviously January nineteen,
twenty twenty four. And so right now, I was in
(01:15):
the lab all day, redesigning the portfolio to say, all right,
we can go with a longer term play here, we
can go with a longer term situation here, and I
put the back call out. I put it in the
group chat. It was like the first person to respond
Wall Street trapper. He said, yes, brother, But he also
said that something very important, and we mentioned it at
the beginning of September, that quadruple witching happens in September.
(01:37):
And so for everybody that is interested in getting option
calls at this point, I would definitely and this is
just recommended.
Speaker 3 (01:45):
You don't have to do it, but I would wait
after witching.
Speaker 5 (01:48):
Tell them about the chain. What is the option chain?
Anybody that might be watching Monday that doesn't know about
options too much, what is the option So.
Speaker 4 (01:56):
The option chain is really the expiration day, right, and
so each each stock has an expiration date and like,
so this week, what's what's Friday September. I think I
have an option that's expiring September eighteenth, September seventeenth, seventeenth,
there will be contracts and the option even in the
futures market, that will be expiring. And so when you
(02:18):
see contracts aspiring, usually that means obviously when some expired,
there will be new ones created. And so usually around
which and you'll see new ones created or options extended.
And so when I say new ones created, I want
to be very clear, twenty twenty four is an extension, right,
that's a new year. When I say new ones created,
I mean so like if we're in September twenty twenty one,
(02:40):
you may see new ones created like February twenty two,
or you might see March twenty two. So they've extended,
but not a new year. And so this week and
I think some of them, I believe September third, we
started seeing some of them, some of them open today,
and so that's good. And there's a few reasons why
I think it's a good thing. It's because when the
option call opens, you can see its initial price. You
(03:01):
can see where it was valued at. Two things whyle
that matters, right, two reasons. You can see if you're
gonna buy it undervalue. Right, So if that option price
opened at twenty five or two dollars and you buy
it at seventy nine cents, you can see that there's
been a drop in this option call.
Speaker 3 (03:17):
This might be a good place to get in, right.
Speaker 4 (03:19):
If you're looking at the asking a bid, or if
you're getting it it opened at two dollars and now
it's at five to seventy, Right, Obviously this has run
up a little bit. This might not be the best
place for you to get in. And so these are
some of the things that I'm looking at when I'm
looking at option calls. And then like in two days,
I'm going to get a call from a shop bellow
and he's gonna tell he go, say, what's the move?
Speaker 3 (03:41):
What we're doing?
Speaker 4 (03:42):
But yeah, so with the call is out, And so
if you're interested, if you trade options, twenty twenty fours
are out. What's quad So it's when contracts expire. And
so like I said in a few.
Speaker 6 (03:57):
You're funny, that's fun.
Speaker 4 (04:02):
So the third the third month, and the third week
of the third month of each quarter usually contracts expire,
and so that's happening this week, Like I said, Seceember seventeenth,
September eighteenth, seven seventeen, since the eighteenth is on a Saturday,
those contracts will aspire and new ones will be created.
Speaker 3 (04:21):
And so that.
Speaker 4 (04:22):
Means that people are selling out of their positions, right,
they're saying, Okay, either we're taking profit and we're moving on,
or we're taking profit and we're extending into later positions.
Speaker 3 (04:31):
And so that's happening this week.
Speaker 4 (04:33):
And so when I text that travels like yo, we're
gonna wait to after which and so that would be
next week. And that strategy has worked for us in
the past. I'm saying us because we have a similar
trading portfolio.
Speaker 7 (04:44):
So for those of you who want to overtrade once again,
I want to ask how many trades have you guys
done this year?
Speaker 3 (04:50):
Right? Us us personally? Yep, not a lot. Yeah, this
year has been.
Speaker 6 (04:57):
Less than ten Yeah, yeah, yeah, yeah I did.
Speaker 3 (05:00):
Yeah, we'll talk about that in investment in our group chat.
But yeah, not many. Like I said, I probably did
like six five, like five five, I'm probably like ten.
Speaker 7 (05:10):
Your money long term other ten percent of trading you
guys should do less than ten trades a year.
Speaker 6 (05:14):
If you was that invest us, you know the formula.
Don't come on here.
Speaker 7 (05:17):
In eight weeks, I lost eighty eight thousand dollars fourteen trades.
Speaker 6 (05:21):
I'm laugh.
Speaker 3 (05:22):
Do you tell you to do that? We tell you
to do that? Oh yes, Erness, what's up?
Speaker 4 (05:28):
You ever walk into a small business and everything just
works like The checkout is fast, the receipts are digital,
tipping is a breeze, and you're out the door before
the line even builds odds are they're using Square. We
love supporting businesses that run on Square because it just
feels seamless. Whether it's a local coffee shop, a vendor
at a pop up market, or even one of our
(05:49):
merch partners, Square makes it easy for them to take payments,
manage inventory, and run their business with confidence, all from
one simple system. If your a business owner or even
just thinking about launching something soon, Square is hands down
one of the best tools out there to help you start, run,
and grow. It's not just about payments, it's about giving
(06:11):
you time back so you can focus on.
Speaker 3 (06:13):
What matters most Ready.
Speaker 4 (06:14):
To see how Square can transform your business, visit Square
dot com, backslash, go backslash eyl to learn more that
Square dot com backslash, go backslash eyl. Don't wait, don't hesitate,
Let Square handle the back end so you can keep
pushing your vision forward. This episode is brought to you
(06:37):
by P and C Bank. A lot of people think
podcasts about work are boring, and sure they definitely can be,
But understanding a professionals routine shows us how they achieve
their success little by little, day after day.
Speaker 3 (06:50):
It's like banking with P and C Bank. It might
seem boring.
Speaker 4 (06:54):
To save, plan and make calculated decisions with your bank,
but keeping your money boring is what helps you live
more happily fulfilled life. P and C Bank Brilliantly Boring
since eighteen sixty five. Brilliantly Boring since eighteen sixty five
is a service mark of the PNC Financial Service Group, Inc.
P and C Bank National Association Member FDIC.
Speaker 8 (07:18):
You just realized your business needed to hire someone yesterday.
How can you find amazing candidates fast? Easy? Just use
indeed stop struggling to get your job posts seen on
other job sites. With indeed sponsored jobs, Your post jumps
to the top of the page for your relevant candidates.
So you can reach the people you want faster. According
(07:39):
to Indeed data, sponsored jobs posted directly on Indeed have
forty five percent more applications than non sponsored jobs. Don't
wait any longer. Speed up your hiring right now with Indeed,
and listeners of this show will get a seventy five
dollars sponsored job credit to get your jobs more visibility
at indeed dot com slash pod Katz thirteen. Just go
(08:02):
to Indeed dot com slash pod Katz thirteen right now
and support our show by saying you heard about Indeed
on this podcast. Terms and conditions apply. Hiring Indeed is
all you need.
Speaker 3 (08:18):
I know for sure.
Speaker 4 (08:19):
In Apple, I'll just put the ones that are in
my portfolio that I'm looking at Apple, Square, Disney, XLK
XL y SMH.
Speaker 3 (08:30):
I added.
Speaker 4 (08:31):
And then we were on the phone, I talked about this.
I'm like, I'm like, look, I'm thinking z Scaler. I
had a position there. I spoke about it last week
and CrowdStrike and we kind of had a little back
and forth there about that, and so yeah, man, so
that's where I'm at with it, And I just want
to give everybody the heads up because I know sometimes
it'll be like six weeks into according.
Speaker 3 (08:50):
You're like, wait the twenty twenty four calls. I'm like, nah, I.
Speaker 4 (08:53):
Told you today September thirteenth, when a lot of them
opened and I saw the opening price, I got the
sheet right there, had a hold new notepad.
Speaker 3 (09:01):
I actually took that strategy from Chap.
Speaker 4 (09:03):
Every time I see him walking and you talk to
him about stocks, he's writing it down in a notebook.
And so I started getting the notebook myself and writing
it down. So I got my opening prices for somebody.
So I know when I entered these positions where I'm
entering the matt if I'm entering them at value. And
so yeah, something that's a little tippit that maybe you
can add to your arsenal as well.
Speaker 5 (09:23):
Yeah, there you have it all right, So yeah, Nat,
you're back. Let's talk about these top three lessons learned
from one of the Red PANDAM members that made forty
two thousand dollars trading futures in the last thirty days.
Speaker 7 (09:36):
Man, I'll go back to what we were just talking about.
It's a few trades. So today Nasak dropped really hard.
Put us to my guy. I won't say your name
because I want blowing you up like that. But everyone
thinks that the secret to making a lot of money
and trading is to trade more. It's actually less. Like
last month I took eighteen trades one or eighteen, and
(09:57):
I could argue probably even last month I probably overtraded.
So Number one, I'll say here, only take ten good
trades on the year. Number two, have a really really
big target. So if you are going to trade, capital
size up after you practice your three hundred trades, and
your trades should make you a sizeable amount of money.
If your trades are not making you between let's say
five to fifteen thousand dollars per trade, your risk reward
(10:21):
ratio is off when your target is too short. And
number three the part that me and you trapp shot
a bam Mike MG. Everybody who being in chat, you
have to put the time in. Please put this in chat.
If you want to get rich, you have to invest
in your knowledge. I'm not selling you guys anything, but
the number of people that I've met when I asked, hey,
(10:42):
have you read twenty five books this year, They're like no.
I'm like, if you knew how exhausted we were on
a day to day basis. You know, Rasha, I got
a migraine from being out in the sun. You probably
put up twenty eight thousand jumpers while giving out T shirts. Right,
I'm driving to drop Xander off when he's sick. Then
come back and do the like I'm telling you for
(11:03):
the one of to you who are going to listen,
your ultimate edge is knowing that everyone you're competing against
it as lazy as hell. Please read fifty pages a
day complete turtle Traders, market wizards, unknown market Wizards, hedge
fund market wizards, and dive through those pages and then
everyone's going to have the same roller coaster. If you're
excited when you first start, then you lose and you're like,
(11:25):
I should quit?
Speaker 6 (11:26):
What my god did?
Speaker 7 (11:27):
He just kept pouring in and then you know he
was hitting me at two o'clock, three o'clock in the morning,
four o'clock in the morning with ideas, And that's when
I know he was getting into his own because the
knowledge is going to equip you to be able to
make the kind of capital that you want.
Speaker 6 (11:39):
Because this really is a game of information. That's why
I put so.
Speaker 7 (11:43):
Much time into reading and tell you guys to pour
in so much because all the secrets are hidden in
the book. But once you put them together like a
gumbo pot, that's what your edge is going to be.
So read more, you need your trades should produce five
to fifteen thousand minimum per trade. No fot, you're not
going to hit five hundred dollars a day. You're not
going to do it. No business is that Like Apple
(12:05):
does not clear a certain amount of dollars per day
every day.
Speaker 6 (12:08):
They have peaks and valleys, right.
Speaker 7 (12:12):
And then also to the blast bonus tip I'll get
is like you need to say the affirmation of how
much money you want to make. Everything that we've all
done on the show, we set it out verbally either
to ourselves or each other out.
Speaker 6 (12:23):
On the show, and then push to make it happen.
Speaker 7 (12:28):
I see a lot of people talking about trading and
say they want to be free, and I'm like, what
kind of targets do you want to make it?
Speaker 6 (12:33):
They're like, man if I get two hundred dollars a day,
I'll be cool. I'm like, no, you won't. No, you won't.
So set a big target.
Speaker 7 (12:38):
Don't tell your family, don't tell your friends, keeping a
side of you and tell yourself that you're capable and
you're worthy of it, and you can make it happen.
Speaker 6 (12:45):
So I hope to help you guys, but please read more.
I'm begging you.
Speaker 5 (12:52):
My graduates from my school being forced back.
Speaker 3 (12:55):
Drop drop, drop drop.
Speaker 8 (13:00):
You just realized your business needed to hire someone yesterday.
How can you find amazing candidates fast?
Speaker 3 (13:19):
Easy?
Speaker 8 (13:20):
Just use Indeed. Stop struggling to get your job posts
seen on other job sites. With Indeed sponsored jobs, your
post jumps to the top of the page for your
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(13:41):
Don't wait any longer. Speed up your hiring right now
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(14:04):
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Hiring Indeed is all you need
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