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Cliff Notes: Essential Stock Futures Trading Tips · Earn Your Leisure

• 0:01
  Speaker 1: Earners. What's up.
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• 1:51
  Speaker 1: What's the Future's tip for the week? I really at
• 1:55
  Speaker 1: five Number one.
• 1:57
  Speaker 3: I've said it before, but after a conversation I had yesterday,
• 2:00
  Speaker 3: Please master one short target. Whether you're doing options for
• 2:03
  Speaker 3: futures one, please write it in chat one. Marry that
• 2:07
  Speaker 3: fucking target for the next year and a half.
• 2:10
  Speaker 1: I don't care.
• 2:11
  Speaker 3: What I want traders to do is I want you
• 2:14
  Speaker 3: from going to having a lot of knowledge about trading
• 2:17
  Speaker 3: to extracting money from the market. That's your job, right
• 2:20
  Speaker 3: Number two four moving averages. So once again today on Monday,
• 2:26
  Speaker 3: if you look at the twenty day moving average, the
• 2:29
  Speaker 3: fifty to seventy two to one hundred, the market bled under.
• 2:32
  Speaker 3: If the market is underneath all four moving averages, it's
• 2:35
  Speaker 3: probably not going to come back. You can let your
• 2:38
  Speaker 3: trade run longer, and if you put on a high
• 2:40
  Speaker 3: and low for the week or the month on trading
• 2:43
  Speaker 3: view or think or swim, you can see where you
• 2:46
  Speaker 3: should exit. But if something goes above those four moving averages,
• 2:49
  Speaker 3: it's going to stay to the upside. Number three, writing
• 2:53
  Speaker 3: in chat, overtrading is the devil talking to my guy.
• 2:56
  Speaker 3: I don't know if you want me to say his name,
• 2:57
  Speaker 3: but I was talking to my guy yesterday and I'm like, you,
• 3:01
  Speaker 3: legit can be at fifteen thousand and sixteen thousand a week.
• 3:04
  Speaker 1: What's stopping you from getting there?
• 3:06
  Speaker 3: He was like the overtrading sometimes as traders, we know
• 3:09
  Speaker 3: so much and can see so much.
• 3:11
  Speaker 1: We can see what a vwyp line is for other traders.
• 3:13
  Speaker 3: We can see where pivots are, we can see we're moving,
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  Speaker 3: our averages are the options.
• 3:17
  Speaker 1: Chain, and then you get overwhelmed.
• 3:20
  Speaker 3: Overtrading is like going into deep credit card debt at
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  Speaker 3: twenty five percent and a lot of it takes discipline,
• 3:27
  Speaker 3: but the core of it.
• 3:28
  Speaker 1: Do you feel worthy enough.
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  Speaker 3: That you should be able to make one hundred thousand
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  Speaker 3: dollars in a week, in a day, five six hundred
• 3:34
  Speaker 3: thousand dollars in a year, a million plus in a year.
• 3:38
  Speaker 1: So work on a psyche.
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  Speaker 3: And fourth and final, if you are not comfortable with
• 3:43
  Speaker 3: just using a short target, split your targets.
• 3:46
  Speaker 1: I don't like red Panda. I don't want you to
• 3:47
  Speaker 1: do it. So es Nasdak.
• 3:49
  Speaker 3: Zbub use four tick in futures, Nazdak use forty ticks.
• 3:54
  Speaker 3: But if you are trading, let's say nasdak, your first
• 3:58
  Speaker 3: target can be forty ticks. Second target after that can
• 4:01
  Speaker 3: be two hundred and twenty. So let's say if you're
• 4:03
  Speaker 3: trading eight contracts, I would have four contracts take profit
• 4:06
  Speaker 3: at forty ticks. My second target will be two twenty.
• 4:09
  Speaker 3: It will bring my averages up and that way you
• 4:12
  Speaker 3: don't feel like you missed out on a longer move.
• 4:14
  Speaker 3: And I need you to stop focusing on knowing more information.
• 4:18
  Speaker 3: You need more execution and you need to be able
• 4:21
  Speaker 3: to extract money out of the market. And Troy, that's
• 4:24
  Speaker 3: why I told you like when you start doing options.
• 4:27
  Speaker 3: I'm like, yeah, you're a giddy year MVP because it's
• 4:29
  Speaker 3: people who knew more about options. And then when I said, well,
• 4:33
  Speaker 3: what you may i've been when we was in the hotel,
• 4:36
  Speaker 3: we were like, in LA, that's someone's salary. I think
• 4:40
  Speaker 3: you were like eight months in. I'm like, allegedly allegedly
• 4:44
  Speaker 3: hypothetically right, yeah, me and Rashad Diddy mack in this
• 4:48
  Speaker 3: year wasn't alleged.
• 4:50
  Speaker 1: But my thing is like, you can know so.
• 4:52
  Speaker 3: Much about Fibonacci, Fibonacci extensions, pivot points, RSI, macde, balance
• 4:58
  Speaker 3: of market, how you can read all this sh but
• 5:00
  Speaker 3: when it's time to make the money, are you doing
• 5:03
  Speaker 3: what's necessary? And I was telling my guy like, even
• 5:06
  Speaker 3: with market, mondays, I love the consistency of me even
• 5:09
  Speaker 3: having to get better at the media. Once your hour's
• 5:13
  Speaker 3: done and trading, walk away and do something else.
• 5:15
  Speaker 1: You have to match.
• 5:16
  Speaker 3: And this is a great lesson I think we should
• 5:18
  Speaker 3: talk about in this new century and definitely this next decade,
• 5:22
  Speaker 3: You're gonna have to master multiple crafts. You're gonna have
• 5:25
  Speaker 3: to know how to invest, trade, market, do media, AI, programming,
• 5:32
  Speaker 3: and be great at all of them.
• 5:34
  Speaker 1: You can argue.
• 5:35
  Speaker 3: Elon is a great salesman, one of the highest Q
• 5:38
  Speaker 3: scores I think we've ever seen in history, great innovator,
• 5:42
  Speaker 3: great designer, great programmer, great engineer. He's still having fucking
• 5:47
  Speaker 3: issues at his company. You can't lean on one thing anymore.
• 5:51
  Speaker 3: You can't not in this decade. And if interest rates
• 5:54
  Speaker 3: actually go up, oh baby, it's gonna be tough.
• 5:59
  Speaker 1: It's gonna be tough.
• 6:00
  Speaker 2: I mean, that's why it's important to keep the main
• 6:02
  Speaker 2: thing the main thing.
• 6:04
  Speaker 1: And really you gotta allocate your time. It's important.
• 6:10
  Speaker 2: I think one of the people ask me all the time, go, well,
• 6:13
  Speaker 2: what is one of the biggest regrets you have in
• 6:14
  Speaker 2: investment is that I don't even have enough time to
• 6:16
  Speaker 2: do it like full time, right, because there's so many
• 6:19
  Speaker 2: other things, whether it's the media, or whether it's production,
• 6:22
  Speaker 2: or whether it's curriculum.
• 6:23
  Speaker 1: There's there's so many other things to do.
• 6:25
  Speaker 2: And so yeah, I still have to allocate time to
• 6:27
  Speaker 2: make sure I'm doing this just because it's something I
• 6:29
  Speaker 2: love to do. But I would imagine, like imagine there's
• 6:31
  Speaker 2: so many people that have ample amount of time that
• 6:34
  Speaker 2: aren't even executing on it, right. So, like having results
• 6:38
  Speaker 2: is great, but I think what separates people is number one,
• 6:40
  Speaker 2: how they allocate in the time. But when it's time
• 6:43
  Speaker 2: to make the decision and press the button to either
• 6:46
  Speaker 2: buy or sell or are you going to do it?
• 6:49
  Speaker 1: Yep, because people.
• 6:50
  Speaker 2: Can watch and you can learn all the fundamentals you want,
• 6:53
  Speaker 2: all the technicals you want. You can listen to as
• 6:56
  Speaker 2: many podcasts as you want and as many audio books.
• 7:00
  Speaker 2: When it's time for you to open that brokerage account,
• 7:02
  Speaker 2: put some money in there and make the contend that
• 7:04
  Speaker 2: you're going to do invest will you do it?
• 7:08
  Speaker 1: And that's what's going to separate people. And if you
• 7:11
  Speaker 1: don't do that properly, you turn to a hater. These
• 7:16
  Speaker 1: are some of the side effects.
• 7:18
  Speaker 3: Absolutely, master your craft, and I'm gonna stress this again.
• 7:23
  Speaker 3: Master one target. For those you who tradeing es zb ub,
• 7:27
  Speaker 3: there's no excuse why you can't hit four ticks. For
• 7:29
  Speaker 3: those who don't know what ticks are, it's the equivalent
• 7:31
  Speaker 3: of four pennies. So you're telling me you can't go
• 7:35
  Speaker 3: from ninety six thirty one to ninety six thirty five
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  Speaker 3: and then for trades max in a week, stack those wins.
• 7:45
  Speaker 3: Then you can scale up your contracts and then you
• 7:47
  Speaker 3: get to make the big bucks and leave mcdalas. It's
• 7:53
  Speaker 3: not that hard man stay locked in.
• 7:55
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