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And this is a great gym that I need you guys to hear from your legendary Tim Grober.
The greatest inner circle individuals are so small. Distance becomes their best friends since from their competition, okay, distance from others. Everyone tries to fit into a group. Okay, you're growing up. Want to be part of this fraternity. I want to hang out with these people. I want to hang out over here. Who do you iidlize the most, the ones that stand alone, the ones that create distance between you
and the competition and everybody else. Okay, you have all your friends that they may have all started off together, and what happens is when they know they can't keep up. Okay, you create distance. You want them to come with you, but they don't have the ability to, they don't have the discipline, they don't have the sacrifice. So distance has to become your best friend in order for you to
achieve the best at what you want to do. I know these are completely different thoughts than when other people tell what other people tell you surround yourself the positive people, you know what that means. That means life face so I can feel good about myself.
And I don't want you to cut off all of your friends on this journey because we'll see those posts a cut off the five people like you have to keep your friends that are your day ones that have been supportive. But a lot of times we want support to go to where we need to go, but.
We don't want to do it alone.
That's why when you guys are like, hey, I need an accountability party, I'm like, no, you need to be accountable because if your trading buddy makes a three hundred thousand dollars trade with you, they're not going to split half that money with you. I'm telling you that this is the reason why most people fail. I thought this message was absolutely amazing.
The reason most people fail is because they give up what they want most for what they want now. The reason most people fail is because they give up what they want most for what they want now. If that was one message, it'd probably be that, like people don't fail because they're not talented or skilled or whatever.
It's like, you give up what you want most for what you want now.
And how many of us have ever given up what we truly want for the short term?
We all have.
Let's make the adjustment going forward. It's twenty twenty one, it's crazy. In nine years, will be in a new decade, twenty ten to one. By so fast, Let's make the choice to be dedicated and not give up the long term goal for the short term and then for many your twenties, let your uncles and give you some advice. Check these tips out real quickly. We'll get back to the investment gyms.
If you can give one piece of advice to a guy in his early twenties, what would it be. Do not move out of your parents' house until you've saved up at least twenty five grand make friends and don't date, don't date, travel, move out of your hometown, get very acquainted with a primary care professional, get a therapist, buy a gun, and get really good at using it. Get a passport and get really good at using it. Go to a gym and work for an eight pack. You
really have nothing but time. Pick up a sport and get good at it. Stop eating like a damn ninja turtle. Drink water, wash your ass daily. Buy three suits, a black, one, navy blue, heather gray. Each one should be tailored. Buy life insurance. The younger you are, the cheaper it is. Most importantly, find and protect your peace. Remember that you were a man before her, you were a man with her, and now you'll be a man without her.
Good luck.
No Kevin Samuels, but fellos, go ahead. I'll put this.
I want to be on a record for this, and there's gonna be solations, and I know people going to say that I'm wrong. The peak for apple Stock will be November third, twenty thirty five. So a lot of you are like, hey, when is it run? I know y'all gonna be like, do crazy? He don't know and he's just making up shit. Now I'm not Apple's peak November third, twenty thirty five.
I want to be on a record.
Hey, which was a good album on the low shout out to Nazi. But if you guys, go copy this. I'm coming up to the station. If one of y'all say this on TV.
Love y'all.
Uh for those of you for futures. I know it may be difficult, but put this in check. Your target for the bond market should be thirty three ticks.
Here's why.
It takes the same amount of energy to hit a big target as it does a small target. The great thing is that ZB pays more so kudos to his brother who hit his target, but with seven kinds and I want you guys to multiply five hundred times seven. That was the initial investment into the market. The payout was seven two hundred and eighteen thousand and seventy five cent.
Great job. Thirty three tich should be your primary target for Z and you accountability.
At one point on the show, I said AMD would dip to sixty seven to fifty six. It didn't get there and stopped the seventy two fifty. The crystal ball was broken. I don't know if I didnt re calibrated or I should have put it out when the moon we had a full moon.
Didn't get there. My bad. Sorry, I was off by a couple bucks.
Ian doesn't know anything right, so I want to be accountable and say that it didn't get there. But for those you got in in the seventies, great job and hope for the long term going forward.
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One two sixty two for AMD to hold long term either five or ten years, put a one O two sixty two in Chat. Please and kudos to my sister Deborah. I've been telling you about it. She's been holding since eleven when it hit the all time high. That's eleven point one to three X from long term investment only, no options. I want you to put in chat right now. Long term investment is the wave. Now go ask any day trader that you know and asks them have they
made eleven X on a trade? Most have not. You can get the same kind of games long term investing with a great setup that you can from day trader and have the money working for you at the same time. Once again, I want to say scores new JP Morgan, please hold for the next ten years. Here are the top twelve reasons that most traders fail, and please write this down. Most don't have good risk to reward ratio, So you want to risk one to make eleven write this down.
Or risk one to make fifty.
So if you're risking two percent of your capital in a trade, your target would then be twenty two percent. Or if you're risking two percent and you want a fifty X, you will be going for a target of one hundred percent. If you stay within that ratio and you only take forty eight trades or less per year, as Damnar impossible if you're trading with the trend to be able to hit the target. If you want a four breakdown of a great book on this is called
The Complete Turtle Traders by Michael Covell. Go to chapter five and six. If you read those two chapters and never dB eight, you'll be fine. A lot of traders end up blowing up their money and their account going for a one to one risk of reward ratio and taking too many trades.
Number two. Most have unless realistic expectations.
So when I ask a lot of you, like how many trades are you gonna take for the year, you like eight hundred.
I'm like you can't take eight hundred trades on a year.
You can't take five hundred and at a high level, Rasha Troy, like in your options, how many trades are you taken this year?
Oh? Like three? And you guys can say whatever. You go ahead, Rashaan, go ahead and say it.
No, not a lot for me, not a lot.
And arguably they're humble about it.
I'll say it for it for them to not trade all day every day because they running all this other media and.
Like they'll bust your ass praise.
Selection is everything, like and if I can be honest with you guys, when you guys are like in my comments like what you don't know and you can't do it, I'm like, I know, and we'll get to the emotions part. But if you don't have your emotions in check, then therefore your trading plan is not in check. I know, you can't beat me because you can't stop overtrading. You know, the people that are really good at trading, like go
watch Bono Win's interview. Bono Win did not care anything about what I say with choice hit he stick to us plan, put on that nice grand go about his business. One of the greatest traders I probably ever encountered. Those that are good at the craft don't have to declare it to anybody else. But if you can stay within the sweet spot of twenty four to forty eight, you'll be good. Third, most can't manage emotions. If you can't, I'm telling you fast and is the way to go or do to ten miles to day.
Most don't do any research.
You need to know the stocks or features that you're trading like the back of your hand. I could tell you everything about ESCB, you be crewde Russell, Nastat n K Swiss Frank Future up and down in my sleep if only had one hour of sleep. You need to know, like the back of your hand, that is going to
give your edge. If you're undercapitalized, you need to take even less trades and then also work more to build more capital because being undercapitalized put you in a position to have to take risk your trades to build up your account, and that's only going to favor your broker. Most quit too early. I hate to say it, You're not going to be good in three months. Like That's why I'll go back and show you I was talking about this twelve and thirteen years ago before it was cool.
It's going to take you maybe two or three years to get really good.
To be great, it may take you five to seven.
It's like none of you you at nine years old start playing basketball. I'm black at fourteen, I'm ready to go to the league as great as Mikey is. I don't think Mikey is ready for the NBA this season, and he's probably one of the greatest high schoolers ever. Right, you have to get acclimated with the market enough to know what to do. But once you have that, not many will be able to beat you. Most of undisciplined
is the number one reason why people lose. Arrogance is a big factor in it because it's not really about the indicator. It is about your risk to reward ratio. Please put in chat. Risk to reward ratio is the greatest indicator of all time. Your RSI doesn't you got like RSI? If RSI battles that much, take the charts off and just trade off RSI when it gets to thirty, Watch how much you draw down short at seventy and see how well it does.
Your risk to reward means everything.
Delusion for all of you who are like, Hey, I'm gonna get eighty eight thousand percent returning in the year highly unlikely end an ego is the biggest reason why most people end up losing.
My graduates from my school being forced bad drop bag drop my drop bad drop drops.
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