Latest / Earn Your Leisure / EYL #134 The Stock Market Cheat Code

Transcript

EYL #134 The Stock Market Cheat Code · Earn Your Leisure

• 0:00
  Speaker 1: You just realized your business needed to hire someone yesterday.
• 0:04
  Speaker 1: How can you find amazing candidates fast easy? Just use Indeed.
• 0:09
  Speaker 1: Stop struggling to get your job posts seen on other
• 0:12
  Speaker 1: job sites. With Indeed sponsored jobs, your post jumps to
• 0:16
  Speaker 1: the top of the page for your relevant candidates, so
• 0:19
  Speaker 1: you can reach the people you want faster. According to
• 0:22
  Speaker 1: Indeed data, sponsored jobs posted directly on Indeed have forty
• 0:26
  Speaker 1: five percent more applications than non sponsored jobs. Don't wait
• 0:30
  Speaker 1: any longer. Speed up your hiring right now with Indeed,
• 0:33
  Speaker 1: and listeners of this show will get a seventy five
• 0:36
  Speaker 1: dollars sponsored job credit to get your jobs more visibility
• 0:39
  Speaker 1: at indeed dot com slash pod Katz thirteen. Just go
• 0:45
  Speaker 1: to Indeed dot com slash pod katz thirteen right now
• 0:50
  Speaker 1: and support our show by saying you heard about Indeed
• 0:53
  Speaker 1: on this podcast. Terms and conditions apply. Hiring Indeed is
• 0:57
  Speaker 1: all you need.
• 0:58
  Speaker 2: Eyl University is the biggest online platform for education, but
• 1:02
  Speaker 2: it's much much more. It's actually a community. Our private
• 1:05
  Speaker 2: Facebook group has over eight thousand members and twenty Infinity groups.
• 1:09
  Speaker 2: The students teach themselves just as much as the professors do.
• 1:12
  Speaker 2: We have weekly webinars we have over a hundred past webinars.
• 1:17
  Speaker 2: You get access to MG the Mortgage Guys, real Estate Blueprint.
• 1:20
  Speaker 2: You get access to monthly financial planning calls with yours Truly,
• 1:23
  Speaker 2: You get access to our monthly group chat investment calls,
• 1:26
  Speaker 2: and much much more. So go to eyl university dot
• 1:30
  Speaker 2: com right now and take advantage of our limited offer
• 1:33
  Speaker 2: blowout sales sixty five percent off of the annual membership
• 1:37
  Speaker 2: eyouniversity dot com right.
• 1:38
  Speaker 3: Now, My graduates from my school being forts back drop
• 1:46
  Speaker 3: bag drop, Mike, drop backdrop drop.
• 2:01
  Speaker 4: All right, guys, welcome back e y L.
• 2:03
  Speaker 2: This is a very very dope dope edition that we
• 2:06
  Speaker 2: have for a variety of different reasons. So you know,
• 2:08
  Speaker 2: it's always dope to find, you know, young entrepreneurs at
• 2:11
  Speaker 2: the beginning stages. I think that that's what Lesia was
• 2:13
  Speaker 2: built on. Like you know this, we can run through
• 2:15
  Speaker 2: the resume of people that you might probably have never
• 2:18
  Speaker 2: heard of before they came or Leisia, including including including
• 2:21
  Speaker 2: an MG the Mortgage Guy, including Wall Street Trapper, including
• 2:25
  Speaker 2: Ian Dunlap, including who else, Alex Good Energy, Mobile homes Elite.
• 2:31
  Speaker 4: The list goes on our.
• 2:33
  Speaker 2: Most recent one like that was Paula McCarthy. That was
• 2:37
  Speaker 2: crazy her growth it right, for yeah, that's record breaking.
• 2:49
  Speaker 4: Like the motown of business for sure. Man.
• 2:52
  Speaker 2: So this this, this falls right right in line with that.
• 2:55
  Speaker 2: So we got two young men by way of Africa.
• 2:59
  Speaker 5: Originally yes sir, yes, sir, shouts out the homeland.
• 3:04
  Speaker 2: The Gold Continent, and now they in the DMV. Then
• 3:08
  Speaker 2: they grew up in the DMV area, so Francis Quay
• 3:11
  Speaker 2: and Jahu Graham. Yes, sir, I say the name is correct, Yes, yes, yes,
• 3:15
  Speaker 2: that's perfect. These young men have a fintech company called
• 3:20
  Speaker 2: cheat Code Algo and they actually did a lot of
• 3:22
  Speaker 2: work for us already. If you're a member of Eyo University,
• 3:25
  Speaker 2: they've taught several different classes for us. They become regulars
• 3:29
  Speaker 2: at this point. So the young the young men out
• 3:33
  Speaker 2: of the d m V area, I believe twenty nine
• 3:36
  Speaker 2: and thirty like that. I'm twenty seven, twenty seven, twenty seven,
• 3:41
  Speaker 2: twenty seven and thirty years old. And they created well
• 3:45
  Speaker 2: they'll explain it, but they created a fintech company that
• 3:49
  Speaker 2: allows you to actually track to see when is a
• 3:52
  Speaker 2: good entry point to get into a stock. When they
• 3:54
  Speaker 2: get out of a stock technical analysis, we talk about
• 3:56
  Speaker 2: technical analysis a lot on Market Monday. So they created
• 3:59
  Speaker 2: their own algorithm, their own proprietary software called Chico, and
• 4:04
  Speaker 2: they also, you know, do other kind of educational stuff
• 4:06
  Speaker 2: involved with that as far as investing and things of
• 4:08
  Speaker 2: that nature. But it's all built around investing, stock market investing,
• 4:13
  Speaker 2: entry points, exit points, sprinkled with fundamental analysis as well,
• 4:17
  Speaker 2: So a whole fintech company around investing. So we're going
• 4:22
  Speaker 2: to have a very interesting Conversation's.
• 4:25
  Speaker 6: Only the house, so this is every time I speak
• 4:28
  Speaker 6: to them that they been up for twenty hours.
• 4:30
  Speaker 7: Yeah, this is a pleasure to have y'all here. We
• 4:34
  Speaker 7: welcome to the loud.
• 4:36
  Speaker 4: Thank you for trying to appreciate it.
• 4:37
  Speaker 8: Absolutely, man, we appreciate you guys. Man, you've been a
• 4:40
  Speaker 8: blessed this whole since we started. Man, yeah, man, since
• 4:42
  Speaker 8: since the.
• 4:43
  Speaker 7: Very first, very first version. You know what I mean.
• 4:45
  Speaker 7: We had our initial conversation, So yeah, appreciate you guys.
• 4:49
  Speaker 7: Know the way we met was crazy, that was man.
• 4:52
  Speaker 8: Yeah, so unusual talk times. So I think we've just
• 4:57
  Speaker 8: created version of one, just created version one, just got
• 5:00
  Speaker 8: it out there. We had a beta test, tested over
• 5:02
  Speaker 8: one hundred people, and we're like, yo, this thing is
• 5:04
  Speaker 8: a hit man.
• 5:05
  Speaker 7: People love it.
• 5:05
  Speaker 6: You know.
• 5:06
  Speaker 8: We gotta we gotta get this out there. We're like, yo,
• 5:07
  Speaker 8: who can we, you know, saying reach out to us,
• 5:09
  Speaker 8: like yo, are you mus were like, let's let's sit
• 5:12
  Speaker 8: them up. So I think Jays sent out messages something
• 5:15
  Speaker 8: like that. You guys, somebody your team responded. We set
• 5:18
  Speaker 8: up the meeting, and it just so happened like following y'all.
• 5:21
  Speaker 8: When y'all got back around to us, it was like,
• 5:24
  Speaker 8: my daughter was supposed to be born September twenty fifth, indeed,
• 5:27
  Speaker 8: and Jay's birthday was October six. He's like, Yo, she's
• 5:29
  Speaker 8: gonna be boring on my birthday. Man, I like, out
• 5:31
  Speaker 8: the gate, so she has a blade October six. Then
• 5:34
  Speaker 8: your team get back and like, yo, we're gonna we're
• 5:36
  Speaker 8: gonna set meeting October six.
• 5:38
  Speaker 7: And dude, I'm like damn. I'm like, man, should we
• 5:41
  Speaker 7: should we need to push it back? No, My girl's
• 5:44
  Speaker 7: like nah, do it, just go do it.
• 5:46
  Speaker 6: I'll be fine real, I'll never forget the call.
• 5:50
  Speaker 9: We were on the call and you like, fellas apologize,
• 5:53
  Speaker 9: but my daughters being born, we congratations, you mean like
• 5:57
  Speaker 9: right now?
• 5:58
  Speaker 10: Yeah, like like right there second.
• 6:00
  Speaker 2: Yeah, yeah, you kept me.
• 6:04
  Speaker 5: Yeah, that's the fact.
• 6:05
  Speaker 2: It goes to show you man, you pick up to
• 6:11
  Speaker 2: pick up man and labor got to put up, keep
• 6:14
  Speaker 2: it up. Just congratulation, congratulations for that. That was Welcome
• 6:22
  Speaker 2: to the fatherhood club. Maeah, sure you're getting sleep?
• 6:28
  Speaker 8: Oh yeah, I mean well she she, she did fine.
• 6:30
  Speaker 8: The first couple of months I was rough, you know
• 6:32
  Speaker 8: what I'm saying. But but yeah, she's fine now, you know. Okay, Okay,
• 6:35
  Speaker 8: I don't get don't get sleep because of Chico.
• 6:38
  Speaker 11: That's like third baby for for sure.
• 6:42
  Speaker 4: All Right, so let's let's get into this story. All right.
• 6:45
  Speaker 2: So how do you guys connect? How do you guys
• 6:48
  Speaker 2: start to come? So are you originally born in Africa?
• 6:50
  Speaker 2: You're born in America?
• 6:51
  Speaker 11: Yeah, So I was actually born and raised in Ghana.
• 6:54
  Speaker 11: I've spent half of my life in Ghana and half here.
• 6:57
  Speaker 11: So I came here about when I was like thirteen
• 6:59
  Speaker 11: years old. And that's you know, I went through the
• 7:02
  Speaker 11: school system, all that crazy, crazy culture shock you know
• 7:05
  Speaker 11: what I'm saying from what I was used to. But
• 7:07
  Speaker 11: some special man, and it's just being able to adapt,
• 7:10
  Speaker 11: you know, get familiar with the system here, like teenagers.
• 7:12
  Speaker 11: You came, yeah, teenager, I came. It was it was different?
• 7:15
  Speaker 4: How was it? How was it? How was it? How
• 7:16
  Speaker 4: was it?
• 7:17
  Speaker 7: Listen man, I tell you yeah, let me let me
• 7:19
  Speaker 7: tell you a story.
• 7:20
  Speaker 11: So in Ghana, right, first of all, the school system
• 7:22
  Speaker 11: is it's a completely different component. Like in Ghana, you
• 7:25
  Speaker 11: have you know where we have like forty kids maybe
• 7:28
  Speaker 11: in the classroom. The teachers come to us like for
• 7:31
  Speaker 11: different subjects. We have like ten subjects. You know, we
• 7:33
  Speaker 11: learn about religion, different religions, environmental studies, into greater science, mathematics,
• 7:39
  Speaker 11: you know, just a vast amount of different subjects. And
• 7:42
  Speaker 11: then when you come here, it's like you learn just
• 7:47
  Speaker 11: it's different the way you learn. You learn everything that
• 7:49
  Speaker 11: has to do with America, even history. We learn about
• 7:51
  Speaker 11: world history, you know everything. So it's like you're aware
• 7:55
  Speaker 11: of different cultures and you're able to respect, you know,
• 7:57
  Speaker 11: different cultures just because you understand what they do.
• 8:00
  Speaker 7: I know, Muslims play five times a day.
• 8:02
  Speaker 11: So if I have a friend that's Muslim and they
• 8:04
  Speaker 11: have to go pray, like I understand. You know what
• 8:05
  Speaker 11: I'm saying, there's no you know difference right there. You're
• 8:08
  Speaker 11: not shocked that something's happened. But here it's like you
• 8:10
  Speaker 11: learn just about like you know, it's Christian, you know.
• 8:13
  Speaker 11: Of course in Ghana it's also like you know, trust
• 8:15
  Speaker 11: and you know the creed and things like that.
• 8:17
  Speaker 7: But here it's in God we trust perfectly understandable.
• 8:20
  Speaker 11: But when you come to your school system here, it's
• 8:22
  Speaker 11: like okay, yeah, European perspective.
• 8:25
  Speaker 7: So here it's like okay, you get here, the teachers,
• 8:29
  Speaker 7: you go to the teachers.
• 8:30
  Speaker 11: Right, it's it's mad house through the system, like you
• 8:32
  Speaker 11: know what I'm saying, you go to the hallways. But
• 8:34
  Speaker 11: it's a different system. It's something that you can you
• 8:36
  Speaker 11: can definitely learn from. But when it came to the
• 8:38
  Speaker 11: history side, like I was never like I never liked
• 8:41
  Speaker 11: American history, not because like I didn't know American history.
• 8:45
  Speaker 7: I knew a little bit of American history.
• 8:47
  Speaker 11: Like also one thing in Ghana, like you know, you
• 8:49
  Speaker 11: really learn to appreciate what like like you learn about
• 8:53
  Speaker 11: and you love people, right like even when like let's
• 8:56
  Speaker 11: say Caucasians or any Europeans.
• 8:57
  Speaker 7: Come to Ghana, like we follow them as kids like
• 9:00
  Speaker 7: them like.
• 9:00
  Speaker 5: Yo, yeah, like you know, welcome to the you know
• 9:02
  Speaker 5: what I mean?
• 9:02
  Speaker 7: That type of that type of vibe.
• 9:03
  Speaker 11: But it was like the real shock was coming here
• 9:06
  Speaker 11: and realizing like you know, like just like yo, black
• 9:09
  Speaker 11: people are like yo, you know what I'm saying, Like different, different,
• 9:12
  Speaker 11: Like it's like, you know, the receiving and the receptiveness
• 9:15
  Speaker 11: of that. That was very, very shocking just going through
• 9:18
  Speaker 11: the city system and then you know, being in class,
• 9:20
  Speaker 11: my teacher, my language ass teacher in seventh grade asked me,
• 9:23
  Speaker 11: I've had a pet tiger.
• 9:24
  Speaker 7: I can't make it up. I swear to god.
• 9:26
  Speaker 2: That is being serious a lot of time, Like we
• 9:29
  Speaker 2: just used the racism because we know that's part of
• 9:31
  Speaker 2: a part of America, that's part of But when you
• 9:34
  Speaker 2: go to a different country where black people are the
• 9:37
  Speaker 2: majority and you're not the minority, right, it's a different
• 9:40
  Speaker 2: perspective because I mean it's other. You know, there's different
• 9:43
  Speaker 2: classisms and you know, stuff like that. But as far
• 9:46
  Speaker 2: as that level, it's different. It's different because you are
• 9:49
  Speaker 2: in control and you are you are seen on TV, right,
• 9:53
  Speaker 2: you are seen in magazine.
• 9:54
  Speaker 4: You are the norm. Yeah, exactly normal.
• 9:57
  Speaker 11: But yeah, that that was definitely a different, different perspective.
• 9:59
  Speaker 11: But my education level was like skyrocket, Like in math,
• 10:03
  Speaker 11: like I was in seventh grade, but I was doing
• 10:05
  Speaker 11: like high school, like probably like eleventh grade math.
• 10:07
  Speaker 7: I was good at calculus everything like.
• 10:09
  Speaker 11: So coming here like almost like I took a step
• 10:11
  Speaker 11: back like kind of like learning just because I felt
• 10:14
  Speaker 11: like even in class I was passing test like.
• 10:16
  Speaker 7: I didn't like homework.
• 10:17
  Speaker 11: I was never like an institutionalized minded type of person.
• 10:20
  Speaker 7: And I also understood business because.
• 10:22
  Speaker 11: Like eighth like a date of age of eight, I
• 10:24
  Speaker 11: was already like running my own business, like my mom
• 10:26
  Speaker 11: like put me in front of the store, doing transactions
• 10:29
  Speaker 11: with like you know, grown men and things like that.
• 10:30
  Speaker 11: So yeah, this isn't Ghana. I had like coconut trees.
• 10:33
  Speaker 11: I'll sell coconuts and things like that, living by myself
• 10:37
  Speaker 11: for like three years. My mom came here before we did,
• 10:39
  Speaker 11: my brother and I that is. But yeah, it's just
• 10:41
  Speaker 11: it's just a culture shock, man, But it's a it's
• 10:43
  Speaker 11: a good thing. I'm glad, Like you know, I was
• 10:45
  Speaker 11: able to get a little bit of there and a
• 10:47
  Speaker 11: little bit of here and just kind of like mesh
• 10:49
  Speaker 11: that together. It gives me a really big perspective of
• 10:51
  Speaker 11: just life in general.
• 10:53
  Speaker 2: And you're from America's called born in Marylands, some Ghana.
• 10:59
  Speaker 7: My mom's like burying the Lebanies. Okay, is a mixed man.
• 11:03
  Speaker 2: So so all right, so how do you guys connect
• 11:05
  Speaker 2: and how how does this lead to the Yeah?
• 11:07
  Speaker 7: So so we ended up connected through a mutual friend
• 11:10
  Speaker 7: of ours.
• 11:10
  Speaker 8: He had a company selling clothing, you know, African centril,
• 11:14
  Speaker 8: like modern African clothing called fla Sheiki shot off fla
• 11:17
  Speaker 8: Sheiki Yeah. Fla sheikis Yeah, and so you know, we
• 11:21
  Speaker 8: were all part of the team.
• 11:22
  Speaker 7: And then you know, he was already part of it.
• 11:24
  Speaker 8: And bro, he knowed me from starting other businesses, you know,
• 11:28
  Speaker 8: in my social circle, because I've been doing this for
• 11:30
  Speaker 8: I've been entrepreneurs since like twenty one, so twenty eleven
• 11:33
  Speaker 8: when I started, and so he knew me from that.
• 11:35
  Speaker 7: He asked me to come be part of the team.
• 11:36
  Speaker 8: He was already part of the team connected, and then
• 11:39
  Speaker 8: we kind of built that company up and then you know,
• 11:41
  Speaker 8: one thing led to another. He had kind of been
• 11:43
  Speaker 8: behind me for a long time and like, really get
• 11:45
  Speaker 8: out and start teaching the stocks. I was always telling
• 11:46
  Speaker 8: everybody around me about stocks and options and doing stuff
• 11:50
  Speaker 8: like that and trading, and you know, before it was
• 11:52
  Speaker 8: really you know as trendy as it is now, and
• 11:55
  Speaker 8: then you know, when the market started really taking the turn,
• 11:57
  Speaker 8: he was like, Yo, you really need to get this
• 11:58
  Speaker 8: information out there. And he's more extroverted and stuff like that,
• 12:02
  Speaker 8: and he's mustible.
• 12:02
  Speaker 7: For social person.
• 12:03
  Speaker 8: He was like, Yo, I'm gonna start a group just teach,
• 12:05
  Speaker 8: you know what I'm saying, the group, you know what
• 12:06
  Speaker 8: I mean. We start with sixteen people on Instagram and yeah,
• 12:10
  Speaker 8: Instagram group chat, and then everybody started making a ton
• 12:12
  Speaker 8: of money and then they start telling other people and
• 12:15
  Speaker 8: then everything kind of just grew organically from that point.
• 12:17
  Speaker 7: That's how we started to build the community.
• 12:20
  Speaker 8: And then through the community, we realized, all right, people
• 12:22
  Speaker 8: need a little extra help, you know what I mean,
• 12:24
  Speaker 8: Because some people got nine to five jobs. Some people
• 12:26
  Speaker 8: don't understand technicals, some people don't understand how to do
• 12:29
  Speaker 8: this a lot. So I was like, all right, well,
• 12:31
  Speaker 8: let's let's sit down and figure out how we can
• 12:33
  Speaker 8: make something that can help out. And that's how we
• 12:35
  Speaker 8: just kind of sat down locked into a room for
• 12:38
  Speaker 8: like two weeks. I was like up, you know, in
• 12:41
  Speaker 8: the living room. Actually, my girls like going back and
• 12:42
  Speaker 8: forth and I'm just learning how to code all this
• 12:44
  Speaker 8: stuff to kind of create the software.
• 12:47
  Speaker 7: So we end up creating the first version of software to.
• 12:48
  Speaker 8: Help out the community and then being ended up turning
• 12:51
  Speaker 8: into something that was like it can help out way
• 12:53
  Speaker 8: more than this.
• 12:54
  Speaker 6: So where do you get introduced to stocks? Because I
• 12:55
  Speaker 6: know that this is something that you've been studying. Oh yeah,
• 12:58
  Speaker 6: I mean you said twelve years. I'm thinking like this
• 13:00
  Speaker 6: guy must be mid thirties, but now you're talking about
• 13:02
  Speaker 6: in your teenage years. Yeah, So who introduced you to stocks?
• 13:04
  Speaker 6: Where did you find a love for it?
• 13:05
  Speaker 7: Yeah? My father. My father put me on the stocks
• 13:07
  Speaker 7: with I was shout out, pops man.
• 13:09
  Speaker 8: Yeah, so this is why it's important for everybody to
• 13:11
  Speaker 8: really understand that what you invest into your children pays
• 13:14
  Speaker 8: out multiple fold, you know, down the line. And so
• 13:17
  Speaker 8: he introduced me to the concept of stocks at thirteen
• 13:20
  Speaker 8: in two thousand and three. So's he showed me about
• 13:23
  Speaker 8: micro Strategy was a company that he was He's in tech,
• 13:26
  Speaker 8: he's a software engineer, and so he was like, yeah,
• 13:28
  Speaker 8: you know, this is how you do it. I sent
• 13:30
  Speaker 8: me up with a little account and from there I
• 13:32
  Speaker 8: just took a real deep interest into it because I've
• 13:34
  Speaker 8: always been entrepreneurial, mind. I never really you know, like
• 13:36
  Speaker 8: he was talking, I've never been interested in doing the
• 13:39
  Speaker 8: nine to five things. So I learned how to how
• 13:41
  Speaker 8: to just kind of do research on My first real
• 13:44
  Speaker 8: major trade was gold actually two thousand and I think
• 13:46
  Speaker 8: two thousand and four. Gold was like three hundred dollars
• 13:48
  Speaker 8: an hours or something like that. I did a lot
• 13:49
  Speaker 8: of research into it, and gold end up going to
• 13:52
  Speaker 8: like eighteen hundred dollars an hours the next year, and
• 13:54
  Speaker 8: that was like my real first big trade. And then
• 13:56
  Speaker 8: you know, all throughout teenage years I did it, you know,
• 13:58
  Speaker 8: penny stocks, stuff like that.
• 14:00
  Speaker 7: I was a little bit of a knucklehead in high school,
• 14:01
  Speaker 7: and it took me.
• 14:03
  Speaker 8: It took me a while, you know, no matter what
• 14:05
  Speaker 8: I was doing, I'll go out and do whatever I'm doing,
• 14:07
  Speaker 8: and I'll take that money and then go back put
• 14:08
  Speaker 8: in the stock market and trying to flip it that way.
• 14:11
  Speaker 8: And uh yeah, the twenty one came and it just
• 14:13
  Speaker 8: turned around like, look, I'm gonna just go full time
• 14:15
  Speaker 8: in the day trading and learning how to day trade.
• 14:17
  Speaker 7: And that's when I really just took off with it.
• 14:19
  Speaker 6: So this, I mean, obviously financial literacy, especially the stocks
• 14:23
  Speaker 6: trending right now, everybody's talking about it, But I'm thinking
• 14:25
  Speaker 6: at this time, early two thousands, d m V what
• 14:28
  Speaker 6: they telling.
• 14:28
  Speaker 9: You, Like, y'all get out of here, you know what
• 14:29
  Speaker 9: you're talking about?
• 14:30
  Speaker 7: Oh yeah, for sure, I mean.
• 14:31
  Speaker 8: And at the time, and at that time, you know,
• 14:33
  Speaker 8: the only place that really was to learn a lot
• 14:35
  Speaker 8: about at least that I found about this type of
• 14:38
  Speaker 8: stuff is there wasn't as many YouTube channels and things
• 14:41
  Speaker 8: like that that are now, right. So I used to
• 14:43
  Speaker 8: drive to there's a company called Scott Trade Brokerage. Yeah,
• 14:48
  Speaker 8: the trade exactly both ways. And then and then you're
• 14:51
  Speaker 8: paying for options contracts. You paying like another like forty
• 14:54
  Speaker 8: five cents per contract both ways.
• 14:56
  Speaker 7: So you know, it's a lot different than what it
• 14:58
  Speaker 7: is now.
• 14:59
  Speaker 8: So they used to hold classes in their in their locations,
• 15:04
  Speaker 8: their physical locations, like in shopping centers.
• 15:06
  Speaker 7: So I go, and I was at the time, I
• 15:08
  Speaker 7: was working construction.
• 15:09
  Speaker 8: I was getting like three fifty a week, you know
• 15:11
  Speaker 8: what I mean, dude, doing like uh, you know, digging
• 15:13
  Speaker 8: ditches for electrical wires. And I was a junior electrician
• 15:16
  Speaker 8: and uh, and then I drive on my after work,
• 15:19
  Speaker 8: I go, I go, and at the.
• 15:20
  Speaker 7: Time I have my son. My son was just born,
• 15:22
  Speaker 7: and so I was like, I got to.
• 15:23
  Speaker 8: Figure something out, you know, because I got you know,
• 15:25
  Speaker 8: record and all types of stuff. At this point, I
• 15:28
  Speaker 8: just I needed to figure out something to do. So, yeah,
• 15:30
  Speaker 8: I'll go to the scot Trade. I'll just sit through
• 15:32
  Speaker 8: all their classes. They're talking about mac d's and RSIs
• 15:35
  Speaker 8: and stuff like that, and I'll.
• 15:37
  Speaker 7: Be the only black person there, the only young person there,
• 15:39
  Speaker 7: you know what I mean.
• 15:40
  Speaker 8: And from that that's why I kind of gave me
• 15:43
  Speaker 8: my base of knowledge and technicals. And then when I
• 15:45
  Speaker 8: started to figure out that stocks don't just move, just
• 15:48
  Speaker 8: don't go up and down randomly, just because like there's
• 15:50
  Speaker 8: something that really is call is letting you know that
• 15:53
  Speaker 8: the sock is going to go down for like, this
• 15:54
  Speaker 8: is what I need to learn. Yeah, So that's why
• 15:56
  Speaker 8: I really dug, really really deep into it. And I've
• 15:58
  Speaker 8: been at this ever since, in those two thousand and eleven.
• 16:01
  Speaker 2: So let's let's let's let's have this conversation. I want
• 16:05
  Speaker 2: to ask you about how you taught yourself how to
• 16:07
  Speaker 2: cold but even before that, so all right, so you're
• 16:11
  Speaker 2: saying stocks don't just go up and down randomly, So
• 16:14
  Speaker 2: anybody that's not aware, you should definitely watch market one day.
• 16:17
  Speaker 2: That's the fact, definitely. So fundamental analysis and technical analysis
• 16:24
  Speaker 2: is the two most common ways that people evaluate stocks, right.
• 16:27
  Speaker 2: Fundamental analysis looking at the fundamentals of a company, like
• 16:30
  Speaker 2: how much revenue is being brought in, how much debt
• 16:33
  Speaker 2: does the company have, things of that nature. And then
• 16:35
  Speaker 2: technical analysis is actually looking at charts. So if you
• 16:38
  Speaker 2: ever see a stock chart where it goes, you know,
• 16:41
  Speaker 2: up and down and then it looks like you know,
• 16:43
  Speaker 2: a bunch of like candles, that's like candlesticks and stuff
• 16:46
  Speaker 2: like that, so like craziness was actually you know, looking
• 16:50
  Speaker 2: at that.
• 16:51
  Speaker 4: So we've talked about that before.
• 16:52
  Speaker 2: But all right, technical analysis, like what's the for somebody
• 16:57
  Speaker 2: that's just learning about stocks?
• 16:59
  Speaker 4: What's the best way technic point?
• 17:01
  Speaker 8: I would say this, I'll say fundamentals is how you
• 17:03
  Speaker 8: know what to trade, right, you know, what is a
• 17:06
  Speaker 8: good company that you want to trade, whether it's you
• 17:08
  Speaker 8: want to find a start going up? Right, a company
• 17:10
  Speaker 8: is good, solid, solid fundamentals, it's undervalue, it's going to
• 17:13
  Speaker 8: a company you want to trade to alongside companies got
• 17:16
  Speaker 8: bad fundamentals and still trade and high. Something you want
• 17:18
  Speaker 8: to trade to the downside, right. And then technical analysis
• 17:21
  Speaker 8: is knowing when you want to trade that company.
• 17:23
  Speaker 7: Right.
• 17:23
  Speaker 8: So with every company, whether it's a great company fundamentally
• 17:26
  Speaker 8: or not, there's gonna be a time to go along,
• 17:28
  Speaker 8: it's gonna be a time to go short. When I
• 17:30
  Speaker 8: say going along, go short, going long just meaning you're
• 17:32
  Speaker 8: gonna be betting on the company going up. And there's
• 17:33
  Speaker 8: gonna be times you're gonna bettering on the company going down.
• 17:35
  Speaker 8: Even if it's a really good, fundamentally sound company. Sometimes
• 17:38
  Speaker 8: it's just over overbought, and sometimes it's time for the
• 17:41
  Speaker 8: company to pull back a little bit.
• 17:42
  Speaker 7: You gotta know when it's time to switch.
• 17:44
  Speaker 8: And so technicals is just knowing when is the right
• 17:47
  Speaker 8: time to trade in which direction, And so it takes
• 17:51
  Speaker 8: in factors of data of you know, of price action
• 17:56
  Speaker 8: when the stock is doing certain things. Because stocks trading patterns,
• 17:59
  Speaker 8: and I think some very important for people to understand
• 18:01
  Speaker 8: is that there's a pattern and a rhythm to the
• 18:05
  Speaker 8: stock movement and individually and then also the stock market
• 18:09
  Speaker 8: as a whole. Markets going cycles. We have bullet cycles,
• 18:12
  Speaker 8: we have bar cycles, we have consolidation cycles, and it
• 18:15
  Speaker 8: all kind of just you know, goes in one continuous
• 18:18
  Speaker 8: one thing.
• 18:19
  Speaker 11: One thing I always say with that is that wherever
• 18:21
  Speaker 11: there's numbers, there's always a pattern, right, Like you any
• 18:26
  Speaker 11: historical data that you will find out there, you know,
• 18:30
  Speaker 11: going back as far as like you know, ten thousand years,
• 18:32
  Speaker 11: wherever it is, like BC even creating the Egyptians, they
• 18:35
  Speaker 11: always find symmetrical, like you know, geometric numbers and things
• 18:40
  Speaker 11: like that.
• 18:40
  Speaker 7: But wherever there's numbers, there's patterns.
• 18:42
  Speaker 11: So you just got to be able to understand what
• 18:44
  Speaker 11: those numbers mean, the story that they're telling.
• 18:47
  Speaker 7: And then you can be able to come up with an.
• 18:50
  Speaker 11: Educated guest, right like a hypothesis of what is going
• 18:53
  Speaker 11: to happen next, just based on the scientific aspect of it.
• 18:56
  Speaker 6: So, if I'm using technicals, I'm a beginner, what is
• 19:00
  Speaker 6: some of the I guess indicators for a beginner to
• 19:03
  Speaker 6: you to actually figure out when these things are happened Chico.
• 19:08
  Speaker 8: Number one, And and I say that jokingly, but I
• 19:12
  Speaker 8: also say seriously only because the thing about it is
• 19:16
  Speaker 8: it's indicator set. That's really what it is. It's an
• 19:18
  Speaker 8: indicator set of a set of indicators, and we created
• 19:20
  Speaker 8: it to be a comprehensive system. So that it kind
• 19:24
  Speaker 8: of takes into factors. So typically what I would say
• 19:26
  Speaker 8: to answer that question before cheek, I'll be like, okay, yeah,
• 19:29
  Speaker 8: mac D, r S, I learn and support resistances, right,
• 19:33
  Speaker 8: And so what we did was we built in we
• 19:34
  Speaker 8: improved the MAGDI, improved the r SI.
• 19:36
  Speaker 4: What what what is that?
• 19:37
  Speaker 8: What's MACD is basically to oscillated or too too oscillating
• 19:42
  Speaker 8: moving averages.
• 19:43
  Speaker 7: So moving averages.
• 19:44
  Speaker 8: If you were to take the price of a particular
• 19:46
  Speaker 8: stock over period of time and average it out, and
• 19:49
  Speaker 8: it will.
• 19:49
  Speaker 7: Creates one kind of smooth line depends.
• 19:51
  Speaker 4: On exactly like they moving out exactly.
• 19:56
  Speaker 8: That's just the average of all the price the price
• 19:58
  Speaker 8: action over the past days averaged out, and it's gonna
• 20:00
  Speaker 8: give you one point and a lot of little points
• 20:02
  Speaker 8: will create a line, right, And so that line is
• 20:04
  Speaker 8: where you can look at and that'll give you information
• 20:06
  Speaker 8: as far as supporting resistances things like that. So it's
• 20:10
  Speaker 8: really really good information import information. So the mac D
• 20:12
  Speaker 8: is really just two of those type of moving averages,
• 20:14
  Speaker 8: one fast, one slow. They oscillate and when once they
• 20:17
  Speaker 8: cross over, it'll tell you that you're getting this embarrassed
• 20:20
  Speaker 8: action or potentially potentially go into the downside, and when
• 20:23
  Speaker 8: they cross over to the upside, you got bullets action
• 20:26
  Speaker 8: and so and then the rs I would be something
• 20:28
  Speaker 8: where it basically tells you when the stock is essentially
• 20:32
  Speaker 8: reaching into.
• 20:34
  Speaker 7: Overbought levels. So and when I.
• 20:36
  Speaker 8: Say overbought, if you think of like a car engine,
• 20:38
  Speaker 8: you know, if you run the car really, really, really
• 20:40
  Speaker 8: really long, it'll overheat. So you know that's when you
• 20:43
  Speaker 8: have an issue, right, or if your car's been sitting
• 20:45
  Speaker 8: too long and it's cold. You know, you know you
• 20:47
  Speaker 8: got cold cranking amps you needed to warm up back well,
• 20:49
  Speaker 8: at least back in the day cars now now yeah, yeah,
• 20:52
  Speaker 8: but you know you get saying so like you have
• 20:54
  Speaker 8: oversold conditions. So what we did was we really combine
• 20:57
  Speaker 8: those concepts, improved upon them, and then that's how we
• 20:59
  Speaker 8: can created a lot of the components of chicos. We're
• 21:02
  Speaker 8: in a concept state of improvement, so as we trade
• 21:05
  Speaker 8: with it personally and with the community. We said, okay, yeah,
• 21:07
  Speaker 8: it'd be nice if we had some you know, something
• 21:09
  Speaker 8: that could tell us when this was getting overbought. Right,
• 21:12
  Speaker 8: So we created the c C swin right, the CC squeeze,
• 21:15
  Speaker 8: and we added little clouds and a little different pieces
• 21:17
  Speaker 8: of information that tell us when things are happening. And
• 21:20
  Speaker 8: so that's why we did it, did it the way
• 21:22
  Speaker 8: we did to make it so that even a beginner,
• 21:26
  Speaker 8: you know, could you I told my my sons ate
• 21:28
  Speaker 8: and he I taught him how to trade with the
• 21:30
  Speaker 8: Wi chipole.
• 21:30
  Speaker 7: He learned first and foremost how to trade the CHIC code.
• 21:33
  Speaker 8: In his first trade, he made six hundred dollars doing
• 21:35
  Speaker 8: and that was just him playing around, you know, on
• 21:38
  Speaker 8: and learning how to do it. So it's it's a
• 21:40
  Speaker 8: very simple, straightforward type of type of thing.
• 21:42
  Speaker 10: But let's not let's not well, you know, that's yours.
• 21:54
  Speaker 7: Yeah, I'm thinking, oh okay, I like all of it.
• 21:56
  Speaker 6: That's what So I've done the r SI So that's
• 21:59
  Speaker 6: the relative straight Yeah. And we spoke about this again
• 22:02
  Speaker 6: on Market Mondays, where it's like if you see that
• 22:03
  Speaker 6: eighty or twenty as usually, I want to be in
• 22:06
  Speaker 6: somewhere in that range to say like, all right, this
• 22:07
  Speaker 6: is a good position to get in. And I've never
• 22:10
  Speaker 6: seen the CC squeeze on the indicators of yeah who
• 22:12
  Speaker 6: something like oh yeah, I think that's just something that
• 22:14
  Speaker 6: I didn't know it was your she code.
• 22:17
  Speaker 8: Squeezed, So you know, squeeze. Squeeze indicators is another comedy techm.
• 22:21
  Speaker 8: Squeeze is a common indicator that's out there and it
• 22:23
  Speaker 8: basically identifies periods in which a stock is squeezing or
• 22:27
  Speaker 8: has a lot of pressure built up and it's ready
• 22:29
  Speaker 8: to expand to the upside. And so, you know, we
• 22:32
  Speaker 8: traded with that, and you know, there's always some little
• 22:35
  Speaker 8: issue I had with it and something I want to
• 22:37
  Speaker 8: take a step further and make it better. So we
• 22:39
  Speaker 8: improved upon it, based it off a different data and then.
• 22:42
  Speaker 7: We got a better result, and that's how we kind
• 22:45
  Speaker 7: of created that.
• 22:45
  Speaker 2: So so all right, so let's have this conversation as
• 22:49
  Speaker 2: far as how you start the company.
• 22:51
  Speaker 4: How did you teach yourself how to code?
• 22:53
  Speaker 8: It was just look, one thing I tell anybody and
• 22:56
  Speaker 8: everybody you know that when you want to learn something,
• 22:59
  Speaker 8: I think a public school systems kind of does us
• 23:01
  Speaker 8: a little bit of a disservice sometimes. And shout out
• 23:03
  Speaker 8: to all our teachers out there, educators, And I'm not
• 23:05
  Speaker 8: trying to diss anybody, but I feel like public school
• 23:07
  Speaker 8: teaches you how to think, and not teaches you what
• 23:10
  Speaker 8: to think and not how to think.
• 23:11
  Speaker 7: Right, And so for me, I always was a person.
• 23:13
  Speaker 8: I was like, if I want to learn something, there's
• 23:15
  Speaker 8: resources out there I can I can teach myself how
• 23:18
  Speaker 8: to do anything. I don't care if it's engineering or whatever,
• 23:20
  Speaker 8: if it's if I want to be dedicated, if I
• 23:21
  Speaker 8: do it. So basically all it was was just sitting
• 23:23
  Speaker 8: down one day I just said, I was like, listen,
• 23:25
  Speaker 8: I need to create this. What do I need to
• 23:26
  Speaker 8: learn to create it? Take out all filter out all
• 23:29
  Speaker 8: the nonsense that I don't need, right and just say
• 23:31
  Speaker 8: this is what I need to learn.
• 23:32
  Speaker 7: And so I went in.
• 23:33
  Speaker 8: Learning JavaScript, Yeah, learning JavaScript and learning another script and
• 23:38
  Speaker 8: language that is unique to the platform that we built
• 23:41
  Speaker 8: the cheat code on. And and I did that, you know,
• 23:43
  Speaker 8: pretty much just locked myself into a room for a
• 23:46
  Speaker 8: couple of months and just really.
• 23:47
  Speaker 7: Went at it, you know, just learning it.
• 23:49
  Speaker 8: And also my dad, you know, he's a software engineer,
• 23:51
  Speaker 8: so it might be an innate thing, you know, because
• 23:53
  Speaker 8: I never really learned from him.
• 23:54
  Speaker 7: But it could. Yeah, you know, anything anybody can anybody.
• 24:00
  Speaker 11: Only too like, like I understand these concepts just because
• 24:03
  Speaker 11: I'm like, you know, a strong suit of like math
• 24:06
  Speaker 11: and science, right like because also on that on the
• 24:09
  Speaker 11: point of like because I ate, Like when I first
• 24:11
  Speaker 11: came into this country at like thirteen, like I picked
• 24:14
  Speaker 11: up like because I never had access to computers and
• 24:16
  Speaker 11: stuff like that back home in Ghana, right, Like I
• 24:19
  Speaker 11: really like when I came here, I was obsessed with learning,
• 24:22
  Speaker 11: you know, computer language and things like that.
• 24:23
  Speaker 7: So like if you have a gift or something like
• 24:26
  Speaker 7: that with our.
• 24:26
  Speaker 5: Community too, usually the kids.
• 24:28
  Speaker 11: Are able to have these type of gifts like in
• 24:30
  Speaker 11: different communities, Like that's not going to be like, you know,
• 24:34
  Speaker 11: stunted essentially, like stunting growth of Like certain's.
• 24:37
  Speaker 7: A lot of talent.
• 24:39
  Speaker 8: There's a lot of talent out there that doesn't get
• 24:41
  Speaker 8: it doesn't get fostered in other communities. Rights the same
• 24:44
  Speaker 8: thing here is yeah, the same thing here in lower
• 24:46
  Speaker 8: income areas. We all know, you know, we have talent everywhere.
• 24:50
  Speaker 8: Some of them are community some of the most talented
• 24:51
  Speaker 8: people on the planet, right you know what I mean
• 24:54
  Speaker 8: if you look at whether it's Africa, whether it's the
• 24:56
  Speaker 8: Caribbean Islands, whether it's here in the States, we have
• 24:59
  Speaker 8: some of the most rated minds on the planet that
• 25:01
  Speaker 8: just don't get faster and they don't get nurtured in
• 25:04
  Speaker 8: the way that they should.
• 25:05
  Speaker 7: So I think that's that's basically what you know what
• 25:07
  Speaker 7: He encouraged that type of thing.
• 25:08
  Speaker 2: Yeah, essentially, so the java you googled on YouTube?
• 25:12
  Speaker 8: Yeah, YouTube about classes? I went out and found classes
• 25:16
  Speaker 8: on it, you know what I mean? And then like
• 25:17
  Speaker 8: online low courses, a lot of YouTube set and there's
• 25:20
  Speaker 8: a lot of plan It's another thing is I didn't
• 25:23
  Speaker 8: go through like right now, if I needed to code
• 25:25
  Speaker 8: something in the job or any other scripted language, I
• 25:27
  Speaker 8: probably couldn't do it the way that somebody else could.
• 25:30
  Speaker 8: I just learned enough that I needed to know to
• 25:32
  Speaker 8: do what I needed to do right, which was to
• 25:34
  Speaker 8: create the indicator set I needed.
• 25:36
  Speaker 7: It was really the skill set that I had and traded.
• 25:38
  Speaker 8: I needed to know how to how to manifest the
• 25:42
  Speaker 8: trading strategy that I already had and then put it
• 25:44
  Speaker 8: into a software. So anything that I did at that
• 25:47
  Speaker 8: point was literally just geared towards that, right. So I
• 25:50
  Speaker 8: didn't go through the whole like learning how to do
• 25:52
  Speaker 8: you know from scratching this in the third and build an.
• 25:54
  Speaker 7: App and all this other type of stuff.
• 25:56
  Speaker 8: I literally just learned enough that I needed to get
• 25:57
  Speaker 8: my first version out that I did the version two,
• 26:00
  Speaker 8: and then I went out from version two once we
• 26:01
  Speaker 8: created an actual product and realizes this is something we
• 26:03
  Speaker 8: had on our hands. Now it only took me, but
• 26:06
  Speaker 8: so far, there's some things I needed that I just
• 26:07
  Speaker 8: couldn't call myself. So I'm when I got brought people
• 26:10
  Speaker 8: in onto our team and we expanded our tech team
• 26:13
  Speaker 8: to start, you know, doing things like that.
• 26:15
  Speaker 7: Now as we.
• 26:16
  Speaker 6: Expanded, you learned stocked early on. So when did you
• 26:19
  Speaker 6: become involved. He's teaching you the stock, yeah, and then
• 26:22
  Speaker 6: so he's teaching you how to cold too, So what's happened?
• 26:25
  Speaker 11: So that's that's I'm glad you asked that, because like
• 26:28
  Speaker 11: I'm essentially like a perfect testament of like how his
• 26:32
  Speaker 11: ability to teach and the success that comes from just
• 26:36
  Speaker 11: knowing and look at getting out there and just really
• 26:39
  Speaker 11: seeking this information because I was more like an institution,
• 26:42
  Speaker 11: that nine to five.
• 26:42
  Speaker 7: Type of worker. And there's no way I was blending up. Yeah, yeah,
• 26:48
  Speaker 7: you go, you're in college.
• 26:49
  Speaker 11: And right college, you know, I was pre mad all
• 26:52
  Speaker 11: that type of stuff.
• 26:53
  Speaker 7: You know what I'm saying, Yeah, you know, got to
• 26:55
  Speaker 7: be a doctor. You know what I'm saying, got to
• 26:57
  Speaker 7: be a doctor.
• 26:58
  Speaker 11: Back then, that was and my family is like you know,
• 27:00
  Speaker 11: all dark nurses and things like that. But yeah, just
• 27:03
  Speaker 11: like you know, when we first fostered our relationship. That's
• 27:06
  Speaker 11: something that because I was always like you know, long minded,
• 27:09
  Speaker 11: like you know what I mean, I'm trying to make
• 27:10
  Speaker 11: sure the legacy.
• 27:11
  Speaker 7: I talked to.
• 27:12
  Speaker 5: Him about this all the time, like bloodline.
• 27:14
  Speaker 11: We got to make sure like our bloodlines are like legends,
• 27:17
  Speaker 11: like you know, like names like Rockefeller, things like that,
• 27:19
  Speaker 11: you know, manse Mousa like that type of name.
• 27:22
  Speaker 5: But essentially, once.
• 27:24
  Speaker 11: He started talking about this and like I was doing this,
• 27:27
  Speaker 11: I was putting in action what he was talking about,
• 27:29
  Speaker 11: Like you know what I'm saying. That's one thing too
• 27:30
  Speaker 11: that you have to be like, you know, you have
• 27:32
  Speaker 11: to really put into action the things.
• 27:33
  Speaker 7: That you learned.
• 27:34
  Speaker 11: Because you can learn, you know, a million things for
• 27:37
  Speaker 11: a million times, if you never actually put it into action,
• 27:39
  Speaker 11: it would never really like you know, manifest anything. So
• 27:43
  Speaker 11: I started putting in action. I was I started making
• 27:45
  Speaker 11: good money. And then there was a point like we
• 27:47
  Speaker 11: were even have we had a business where like we're
• 27:49
  Speaker 11: making a bunch of money, and I still wouldn't quit
• 27:52
  Speaker 11: my job just.
• 27:52
  Speaker 7: Because it was we did.
• 27:54
  Speaker 8: We had a water that dams, restoration cone and ran
• 27:57
  Speaker 8: for like large scale complexes.
• 28:00
  Speaker 7: So like, how would you guys have in New York?
• 28:02
  Speaker 7: Five hundred units are better?
• 28:03
  Speaker 8: You know, we're doing water damage respirations coming to our
• 28:05
  Speaker 8: checks was were big.
• 28:07
  Speaker 7: It was a water restoration. Yeah, yeah, emergency water damage,
• 28:10
  Speaker 7: respiration pipe burst.
• 28:11
  Speaker 8: Things like that. We're going to Yeah, because I had
• 28:13
  Speaker 8: construction experience. I was in real estate of house and
• 28:15
  Speaker 8: stuff like that. We built that company up and I'm like, dude,
• 28:18
  Speaker 8: you're making like we're making like twenty three thousands, like
• 28:20
  Speaker 8: you won't quit. And I'm like, dude, why not. I'm like,
• 28:22
  Speaker 8: you know, this is it? And he's like, man, I
• 28:25
  Speaker 8: just can't you know this? And the third just when
• 28:27
  Speaker 8: he when.
• 28:28
  Speaker 7: He made this exactly that too, man, when he made.
• 28:31
  Speaker 8: It, when he made his entire salary and stock trading,
• 28:35
  Speaker 8: and that's what I think in like a week, you know, that's.
• 28:37
  Speaker 7: When it was like all right, man, I'm doing so
• 28:39
  Speaker 7: I was like all right, yeah, and that was it.
• 28:41
  Speaker 7: I was just like.
• 28:43
  Speaker 11: Yeah, once I locked in to that perspective. Once I
• 28:48
  Speaker 11: put in perspective, like we went out to eat one
• 28:50
  Speaker 11: day and I was just like going back to Nah,
• 28:53
  Speaker 11: It's like and it was at the point also when
• 28:55
  Speaker 11: I was at work, like the more like the more
• 28:57
  Speaker 11: I went to work, the more money that I was losing,
• 29:00
  Speaker 11: just because my focus was just distracted, like it was
• 29:03
  Speaker 11: just this and that at work, like get this done,
• 29:05
  Speaker 11: you know what I mean, And it's just like man,
• 29:07
  Speaker 11: this this doesn't make sense, you know.
• 29:09
  Speaker 7: Yeah?
• 29:09
  Speaker 2: So all right, so you built you so you decide
• 29:12
  Speaker 2: to start the cheat code, which is you got an
• 29:15
  Speaker 2: idea of blending these technical analysis things together to technical
• 29:21
  Speaker 2: anall technical analysis indicator together to make your own proprietary one.
• 29:27
  Speaker 2: So you learn how to code. How much money does
• 29:30
  Speaker 2: this cost to start this business?
• 29:32
  Speaker 8: So we put aside about eighty thousand just to start.
• 29:36
  Speaker 8: And this was all from from money that we traded up.
• 29:39
  Speaker 8: And I gotta put in perspectives too, when when we
• 29:41
  Speaker 8: when February came around, Tebruary. What February twenty twenty, Right,
• 29:47
  Speaker 8: I was I had a home improvement company.
• 29:50
  Speaker 7: I was running pretty much myself. You know, this is
• 29:52
  Speaker 7: just from the ground.
• 29:53
  Speaker 8: I lost a whole bunch of money and my real
• 29:55
  Speaker 8: estate projects things were my really self. Back in twenty
• 29:57
  Speaker 8: and eighty he lost bunch of money in crypto to
• 29:59
  Speaker 8: almost a co a million dollars in crypto that I made,
• 30:02
  Speaker 8: and everything just went south a lot, right, and so
• 30:06
  Speaker 8: I had to start over. I started back over with
• 30:09
  Speaker 8: a construction company, had some money in the market, things
• 30:11
  Speaker 8: like that. Uh, the market came crashing down. I was distracted,
• 30:14
  Speaker 8: things like things of that nature. And my parents ended
• 30:17
  Speaker 8: up catching COVID right early on when this whole thing happened.
• 30:20
  Speaker 8: So I left everything I'm talking about, like, dropped my
• 30:23
  Speaker 8: construction company, my girls pregnant at home, my portfolio was
• 30:28
  Speaker 8: not paying not near looking attention to it because I just,
• 30:30
  Speaker 8: you know, at that time, you know, you guys know
• 30:32
  Speaker 8: appear in New York, we botch.
• 30:33
  Speaker 7: It every day.
• 30:34
  Speaker 8: You got your hospitals and bodies coming out in body
• 30:37
  Speaker 8: bags and stuff like that. And both of them ended
• 30:40
  Speaker 8: up having you know what I'm saying. So I literally
• 30:41
  Speaker 8: went over there to take care of them, and he
• 30:45
  Speaker 8: lost everything almost, you know, pretty not even almost did
• 30:47
  Speaker 8: lose everything, you know what I'm saying. My whole business
• 30:49
  Speaker 8: shut down because I was there for almost like two months,
• 30:51
  Speaker 8: you know what I'm saying, And and and and it
• 30:55
  Speaker 8: was just was rough. I had maybe like a couple
• 30:56
  Speaker 8: of grand left. And so when when when they they
• 30:59
  Speaker 8: both went to the hospital. They both hospitalized for a
• 31:02
  Speaker 8: couple of weeks. My dad literally was on the deathbed
• 31:05
  Speaker 8: like they were about to, you know, pull the plug
• 31:06
  Speaker 8: on it, on the whole thing. And he ended up
• 31:08
  Speaker 8: getting a treatment and turn it around so that that
• 31:11
  Speaker 8: he came home, got they got stabilized, everything was cool,
• 31:15
  Speaker 8: went back home. That I left, that left, I left
• 31:18
  Speaker 8: their house for about two thousand dollars, and that two
• 31:20
  Speaker 8: thousand dollars, you know, within the about it was about
• 31:24
  Speaker 8: maybe a month and a half. I flipped that two
• 31:26
  Speaker 8: thousand dollars into one hundred and twenty, right, and so
• 31:28
  Speaker 8: that one hundred and twenty was where I was.
• 31:30
  Speaker 2: Like, okay, you how did you flip in two thousand,
• 31:32
  Speaker 2: two hundred and twenty options? What options?
• 31:35
  Speaker 7: All like a lot of different options. It was a bustle.
• 31:37
  Speaker 8: There was no not really one specific one. So Tesla
• 31:40
  Speaker 8: was one. Obviously, Tesla was a big one. I had Peloton.
• 31:43
  Speaker 8: I got got it on a Peloton run. And this
• 31:46
  Speaker 8: was this now oh no, no, yeah, Apple did get Apple.
• 31:49
  Speaker 8: I got an Apple actually, yeah, Apple contracts. So I
• 31:51
  Speaker 8: flipped a lot of those from up to twenty four
• 31:54
  Speaker 8: thousand and then Apple took me from twenty four to
• 31:56
  Speaker 8: like eighty two and one day it was and it
• 31:58
  Speaker 8: was only like a four or five percent move in
• 32:00
  Speaker 8: the stock itself, but I went hard in it because
• 32:02
  Speaker 8: I have a philosophy of trading where it's you know,
• 32:06
  Speaker 8: I don't remember if this was one Buffet or or
• 32:10
  Speaker 8: Lynch who said this, but it was basically talking about
• 32:13
  Speaker 8: putting in set of diversifying all your eggs into multiple baskets.
• 32:17
  Speaker 8: Put your eggs into one basket and watch the hell
• 32:19
  Speaker 8: off the basket, you know what I'm saying. So I
• 32:21
  Speaker 8: kind of really took that philosophy when it came to trading.
• 32:23
  Speaker 8: It's like, if I'm gonna get in and out of
• 32:24
  Speaker 8: a trade, I don't really need to diversify as much. Right,
• 32:27
  Speaker 8: not saying that you should not proper risk management. I
• 32:29
  Speaker 8: don't want anybody thinking I'm saying that don't. I'm not
• 32:31
  Speaker 8: saying go on in disclaimer, but what I'm saying is that,
• 32:35
  Speaker 8: you know, when it came to my trades, I did
• 32:37
  Speaker 8: a lot of due diligence.
• 32:38
  Speaker 7: I did a lot of technical due.
• 32:39
  Speaker 2: Diligence and right experience stock if anybody's not familiar at
• 32:45
  Speaker 2: that time, So it's March twenty Yeah, so.
• 32:48
  Speaker 7: This this one when I was making these trades, and
• 32:50
  Speaker 7: this was around huge July at.
• 32:52
  Speaker 8: This point, Okay, so there, Yeah, and the market was
• 32:57
  Speaker 8: amazing yeh.
• 32:58
  Speaker 2: From March all the way into September. It was one
• 33:02
  Speaker 2: of the greatest greatest recoveries in stock market history. So
• 33:09
  Speaker 2: that's the thing with options. I just want people just
• 33:11
  Speaker 2: to be aware that, you know, if you get in
• 33:13
  Speaker 2: low m you can you know, you can make a
• 33:17
  Speaker 2: tremendous amount of money.
• 33:19
  Speaker 4: But if you get.
• 33:22
  Speaker 5: Time, you're gonna get wrong time.
• 33:24
  Speaker 7: That's where technical is coming to play. I understand it.
• 33:26
  Speaker 7: When when it's the right time, when it's not.
• 33:28
  Speaker 2: So you so you got in because of technical analysis, Yeah,
• 33:31
  Speaker 2: so it would be. And again we're talking short swing trades,
• 33:34
  Speaker 2: so it's a swing trade. A swing trade is essentially
• 33:37
  Speaker 2: holding the stock for you know, you're holding it overnight
• 33:39
  Speaker 2: but less than let's say a month.
• 33:41
  Speaker 4: Or so, but it's not in the middle.
• 33:45
  Speaker 8: And so for me, my sweet spot was really like,
• 33:47
  Speaker 8: you know, three four days maybe you know what I'm saying.
• 33:50
  Speaker 8: Sometimes and so for me, my main trades is really
• 33:54
  Speaker 8: just identifying consolidation points within bullish trends.
• 33:59
  Speaker 7: When it's moving sideways yep, doing for the last two months, Yeah, exactly.
• 34:06
  Speaker 8: Is a beautiful trade to do that with because it
• 34:08
  Speaker 8: will AMD likes to bounce between it's resistance and support,
• 34:12
  Speaker 8: so it's very predictable trade to take. And so for me,
• 34:16
  Speaker 8: it was like, all right, if you go back, you
• 34:17
  Speaker 8: look at Amazon's chart, you look at even testing chart,
• 34:19
  Speaker 8: this periods where you have a bullets trend up and
• 34:22
  Speaker 8: then you'll have a period where it'll trade sideways for
• 34:24
  Speaker 8: a while, consolidation, and then at some point it'll break
• 34:27
  Speaker 8: out a consolidation to make another leg up. And so
• 34:29
  Speaker 8: I like to identify those periods of consolidation points then
• 34:32
  Speaker 8: identify our sit in. Patience is a lot a big
• 34:34
  Speaker 8: part of it. You don't have to trade every single day,
• 34:36
  Speaker 8: and I think that's one of the biggest things that
• 34:38
  Speaker 8: people make mistakes on is they want to be in
• 34:40
  Speaker 8: trades all the time, and so instead of focusing on
• 34:43
  Speaker 8: one or two trades at a time, they're like, I'm
• 34:45
  Speaker 8: gonna put a little bit in my portfolio this trade,
• 34:48
  Speaker 8: and then you end up with twenty trades going and
• 34:49
  Speaker 8: you're like, I.
• 34:50
  Speaker 7: Can't manage on that.
• 34:51
  Speaker 6: So how did you determine the allocation because you said
• 34:53
  Speaker 6: you went heavy, is it wasn't a number of contracts
• 34:55
  Speaker 6: or was a certain amount of money that you were allocating.
• 34:58
  Speaker 7: To that position, It would be certain portion of my portfolio.
• 35:01
  Speaker 8: I typically would do like about fifty percent of my
• 35:04
  Speaker 8: portfolio one particular trade in time. And again the preference
• 35:07
  Speaker 8: is by saying this is not yeah, this is not
• 35:10
  Speaker 8: saying this is a very specific type of trading style
• 35:13
  Speaker 8: and it's not your typical textbook. A lot of people
• 35:16
  Speaker 8: who do trade on them like, oh my god, you're
• 35:18
  Speaker 8: doing finish risk management. But I have very strong risk management.
• 35:21
  Speaker 8: Will I know when I'm going to get out, and
• 35:23
  Speaker 8: I base my stop losses based off of tech technical
• 35:26
  Speaker 8: support levels. So if I break a technical support level,
• 35:29
  Speaker 8: I know what I'm risking right, and I know that
• 35:30
  Speaker 8: I'm going to exit my trade, and I know what
• 35:32
  Speaker 8: my upside is. But if you time your trade at
• 35:35
  Speaker 8: the point of least risk, which is typically when you
• 35:38
  Speaker 8: get a breakout of a consolidation point, because once it's consolidating,
• 35:42
  Speaker 8: you're basically what's what's happening is is telling you the
• 35:45
  Speaker 8: sellers are kind of going away as it stock consolidates.
• 35:49
  Speaker 8: To say, okay, buyers and sellers are fighting over this
• 35:51
  Speaker 8: particular price point, and neither one of them are winning.
• 35:54
  Speaker 8: So it's kind of stabilizing out and then once it
• 35:56
  Speaker 8: starts to break out, it's selling. Okay, buyers are now
• 35:59
  Speaker 8: clearly almost like a war. You think of tug of
• 36:01
  Speaker 8: war of two teams tuggle and then once the team
• 36:03
  Speaker 8: starts really gaining momentum, it typically got that well. So
• 36:06
  Speaker 8: now if you if you do get you such a
• 36:07
  Speaker 8: supports level, you know that if it returns back to
• 36:10
  Speaker 8: that level, chances are now the buyer it's a false
• 36:12
  Speaker 8: breakout and the buyers are gonna get crushed, right or
• 36:14
  Speaker 8: something like that.
• 36:14
  Speaker 6: Would Apple be a good example of that now since
• 36:17
  Speaker 6: it was I remember in January of this year it
• 36:19
  Speaker 6: got up to like one forty five, and now it's
• 36:21
  Speaker 6: just been saying like one.
• 36:23
  Speaker 7: Yeah, yeah. A last I checked, I haven't.
• 36:25
  Speaker 8: I haven't looked at Apples charted the past week because
• 36:27
  Speaker 8: we've been swamped with work. But the last time I checked,
• 36:30
  Speaker 8: Apple had made a nice bullet pattern and then they
• 36:33
  Speaker 8: had a false breakout and that got invalidated due to us.
• 36:37
  Speaker 8: I think it's a lot due to the overall market
• 36:39
  Speaker 8: pullback with tech tech is just you know, yeah, and
• 36:43
  Speaker 8: there's not much you can do about that. So last
• 36:45
  Speaker 8: time I checked, wouldn't really have a really strong chart
• 36:47
  Speaker 8: that I like to kind of play with. So I
• 36:50
  Speaker 8: liked right now the way I feel about even the
• 36:52
  Speaker 8: entire tech sectors. We need time to stabilize. We need
• 36:55
  Speaker 8: time to find a consolidation area that's going to say
• 36:58
  Speaker 8: this is where tech is found, as is base, and.
• 37:01
  Speaker 7: Then figure out if we're gonna move from there higher
• 37:03
  Speaker 7: or lower. You know what I'm saying.
• 37:04
  Speaker 8: So that's how I kind of look at that whole
• 37:06
  Speaker 8: situation without everybody else.
• 37:09
  Speaker 2: So okay, So yeah, because this is like what day
• 37:12
  Speaker 2: traders do, right, So day trading people that you know,
• 37:16
  Speaker 2: obviously you know the safest way, the most responsible way
• 37:19
  Speaker 2: to buy stock is find a good company and buy
• 37:22
  Speaker 2: it and just hold it for thirty years. Yeah, that's
• 37:24
  Speaker 2: what eating.
• 37:25
  Speaker 4: That's all the time.
• 37:27
  Speaker 7: That's definitely where to go.
• 37:28
  Speaker 2: For sure, buy Apple, But you can there are people
• 37:33
  Speaker 2: that day trade and the day trading no matter whether
• 37:36
  Speaker 2: you're day trading crypto or you're day trading you know,
• 37:41
  Speaker 2: precious metals, your day trading stocks, you're not necessarily looking
• 37:44
  Speaker 2: at fundamentals. You could potentially be looking at news, but
• 37:48
  Speaker 2: it's more so you're looking at charts. This is why
• 37:51
  Speaker 2: when you see these people like looking in front of
• 37:52
  Speaker 2: a television or their computer screens all day, that's what
• 37:56
  Speaker 2: they're actually doing. They're looking for a tick for X trading,
• 37:59
  Speaker 2: the same thing they're looking for ticks up takes down
• 38:01
  Speaker 2: where they can actually get in a point and get
• 38:03
  Speaker 2: out of a point. And you don't just have to
• 38:05
  Speaker 2: do that intra day. You can do that for weeks.
• 38:08
  Speaker 2: You can do that for ten days, you can do
• 38:10
  Speaker 2: that long.
• 38:10
  Speaker 8: The longer you go, the longer your time schedule is
• 38:13
  Speaker 8: on how you plan on holding their trade, the more
• 38:15
  Speaker 8: you need to understand both fundamentals and technicals. So I
• 38:19
  Speaker 8: always tell people, if you're gonna go, the shorter you go,
• 38:21
  Speaker 8: the better of a technical trader you better be. If
• 38:23
  Speaker 8: you want to go you're on day trade. If you
• 38:25
  Speaker 8: all want to be a day trader, well, if you don't,
• 38:27
  Speaker 8: if you're not an expert expert technical analysis trader, then
• 38:31
  Speaker 8: you're doing yourself a huge service and you're not going
• 38:34
  Speaker 8: to be successful. And if you if you're saying on
• 38:36
  Speaker 8: the same perspective, if you want to be a long
• 38:38
  Speaker 8: term trade. The more important it is to understand the
• 38:40
  Speaker 8: fundamentals right, because you don't want to buy a company
• 38:42
  Speaker 8: that's losing money every every month. There are earnings are
• 38:46
  Speaker 8: going down every month. There the profitability is going down.
• 38:48
  Speaker 8: The price of earnings ratio is just is out of whack.
• 38:50
  Speaker 8: You're gonna find yourself in the world to hurt, even
• 38:52
  Speaker 8: if you're going long term, because yes, good stocks go
• 38:55
  Speaker 8: up typically you know, over the long term, but not
• 38:58
  Speaker 8: all stocks. Some stocks do go down over the long term,
• 39:00
  Speaker 8: and that you'll find big companies end up in the
• 39:02
  Speaker 8: penny socks because they were you know, the models were good.
• 39:06
  Speaker 8: So if you learn fundamentals you want to be you know,
• 39:08
  Speaker 8: if you learn if you want to be a longer
• 39:09
  Speaker 8: term trader, you need to be a stronger your fundamentals.
• 39:12
  Speaker 8: And then I always say that even with long term
• 39:14
  Speaker 8: investors of long term traders, I'll say long term traders,
• 39:19
  Speaker 8: learning technicals goes hand in hand with fundamentals because if
• 39:23
  Speaker 8: you want to know the optimal point, yes, you can
• 39:26
  Speaker 8: hold aside for thirty years, right, but optimally if a
• 39:29
  Speaker 8: soccer is going through.
• 39:30
  Speaker 7: A one year down period, right, what's happened?
• 39:32
  Speaker 8: Sometimes you may want to skip that year out right
• 39:35
  Speaker 8: and be able to reinvest at a lower timeframe, you know,
• 39:38
  Speaker 8: based off of technical So if you have both, you
• 39:40
  Speaker 8: can really maximize your your value, your portfolio.
• 39:43
  Speaker 11: Value and then to that point too, Like that's a
• 39:46
  Speaker 11: great point because a lot of people dollar cost averaging right, Like,
• 39:50
  Speaker 11: that's that's a huston today, like everybody, you know, especially
• 39:53
  Speaker 11: holding long term, you can average down on you know,
• 39:57
  Speaker 11: certain companies that might not be good companies, but just
• 40:00
  Speaker 11: because of technical analysis, you could be able to know
• 40:03
  Speaker 11: that this company has broke a major like you know,
• 40:06
  Speaker 11: support level that you probably don't want to be dollar
• 40:09
  Speaker 11: cost averaging at that point, right, so you just want to.
• 40:12
  Speaker 5: Hold and wait for the pivot to be able to
• 40:15
  Speaker 5: reverse on.
• 40:16
  Speaker 7: The market and then you know, getting at that point.
• 40:18
  Speaker 2: But yeah, so all right, let's talk about some recent
• 40:21
  Speaker 2: events that's happened.
• 40:22
  Speaker 4: Game stop.
• 40:23
  Speaker 8: Yeah, she co caught that thing both times, so we
• 40:25
  Speaker 8: called it called both times, we called it it called
• 40:29
  Speaker 8: it at uh ad, I think about thirty something dollars
• 40:32
  Speaker 8: the first run they gave the by signal and the
• 40:35
  Speaker 8: uptrend and everything like that, the first run at thirty
• 40:38
  Speaker 8: thirty something dollars, uh and then I think it called
• 40:40
  Speaker 8: a cell signal. I want to say around for something.
• 40:43
  Speaker 8: I don't remember the specific number, but if anybody got
• 40:46
  Speaker 8: the cheato, you could definitely check it out. And then
• 40:48
  Speaker 8: the second time around, I was actually on the way
• 40:50
  Speaker 8: to go have lunch with this guy and I'm driving.
• 40:53
  Speaker 7: I'm like, it's like, YEO, should I get cheaked like that?
• 40:55
  Speaker 7: You give us the matter of fact. And at the
• 40:58
  Speaker 7: same time, I was on the call with Jamal too. Yeah.
• 41:01
  Speaker 8: So I was on the called with Jamar's talking about Apple.
• 41:04
  Speaker 8: You're talking about Apple earnings. Play you know what I'm saying.
• 41:07
  Speaker 7: I was like, yay, you know this.
• 41:08
  Speaker 8: And the third so I'm looking at my phone at
• 41:09
  Speaker 8: the same time, I like, damn, game Stop Games. I've
• 41:12
  Speaker 8: got a bossing at forty four dollars right, So I'm like, damn,
• 41:15
  Speaker 8: I might want to I might want to tap that real.
• 41:17
  Speaker 7: Quick, just to see what happens. You get a text message, No,
• 41:19
  Speaker 7: this is me just looking at my phone.
• 41:20
  Speaker 8: I saw I saw this seeing alert that came through
• 41:22
  Speaker 8: said game Stop is going up and stuff like that.
• 41:24
  Speaker 8: So I looked at my phone checked them with the
• 41:25
  Speaker 8: cheat code. I was like, yeah, games, So I got bicycle.
• 41:28
  Speaker 8: So by the time I got to the destination. We
• 41:30
  Speaker 8: was eating lunch at We're sitting down having a conversation
• 41:33
  Speaker 8: with a couple other people, and I look at my
• 41:34
  Speaker 8: phone again games something like eighty dollars.
• 41:37
  Speaker 7: Ship. I said, damn, man, I said, maybe I should
• 41:39
  Speaker 7: go ahead and do this.
• 41:40
  Speaker 8: And then the market closes while we're having the conversation,
• 41:43
  Speaker 8: and then right after my closing thing went up to
• 41:44
  Speaker 8: one hundred and twenty dollars.
• 41:45
  Speaker 7: I was like, damn, nobody happen.
• 41:49
  Speaker 4: How did that happen?
• 41:50
  Speaker 2: As far as that, I didn't know that that was
• 41:52
  Speaker 2: gonna be a good ton of body.
• 41:53
  Speaker 8: Because of the other So because of the data that
• 41:55
  Speaker 8: it uses. It composed data based off of volatility. Right,
• 41:58
  Speaker 8: so it compares it essentially takes previous price action and
• 42:03
  Speaker 8: the characteristics of that price action is not just about
• 42:06
  Speaker 8: a stock going up or down, but it's also how
• 42:08
  Speaker 8: it goes up and down.
• 42:09
  Speaker 7: Right, it's also how it's.
• 42:11
  Speaker 8: Going up and down compared to previous points where we
• 42:14
  Speaker 8: went up and down. To tell you, okay, this is
• 42:16
  Speaker 8: probably a point in time where volatility is coming and
• 42:18
  Speaker 8: the volatility is coming up, then that's typically give you
• 42:22
  Speaker 8: buy trends. If volatility is coming down it's going to
• 42:24
  Speaker 8: typically give you a sell trend. And so you know,
• 42:27
  Speaker 8: us as traders, we operate off of volatility. If a
• 42:29
  Speaker 8: stock does not move up or down, we don't really
• 42:32
  Speaker 8: make money unless you have a strategy that's based off
• 42:34
  Speaker 8: of you know, due to strategy like spread diferent spreads.
• 42:38
  Speaker 6: When you guys are looking at it and saying, this
• 42:40
  Speaker 6: is a bus we buying the stock, are we doing
• 42:41
  Speaker 6: the option?
• 42:42
  Speaker 7: What are we doing with it? So we're options traders primarily,
• 42:45
  Speaker 7: so so that would be an option traight for us.
• 42:47
  Speaker 8: But you know, the software is based for stock trading,
• 42:51
  Speaker 8: and obviously the options is a derivative stock, so we
• 42:53
  Speaker 8: can take take Also, you know, it also works the
• 42:56
  Speaker 8: same way for four x trading, cryptal trade.
• 42:58
  Speaker 7: Every et cetera, et.
• 42:59
  Speaker 8: Cetera got bigcoin in like eleven thousand or twelve thousand dollars.
• 43:02
  Speaker 8: We got bicycle on bigcoin.
• 43:04
  Speaker 6: Kind of like when we were crazy, we were doing
• 43:05
  Speaker 6: a class and we were like, yo, let's let's look
• 43:07
  Speaker 6: up ethereum.
• 43:08
  Speaker 7: Right, ethereum on the bicycle.
• 43:11
  Speaker 8: Matter of fact that the class that we had, well,
• 43:13
  Speaker 8: I was like, yo, Tesla. You know, I'm thinking about
• 43:14
  Speaker 8: short and Tesla and stuff, like that.
• 43:16
  Speaker 7: Everybody was like, don't do it, and.
• 43:20
  Speaker 8: I'm like, yo, you know, I'm looking at cheek Colt.
• 43:22
  Speaker 8: I'm seeing everything lining up, telling me like, yo, it's
• 43:25
  Speaker 8: going down.
• 43:25
  Speaker 7: This thing is going down. And it was.
• 43:27
  Speaker 8: And I hadn't gotten a signal like that since COVID,
• 43:30
  Speaker 8: and it was almost the same type of signals.
• 43:32
  Speaker 7: So I'm looking at I'm like, all right, I'm kind
• 43:34
  Speaker 7: of waiting for this to happen. A lot of times
• 43:36
  Speaker 7: I'm like yo.
• 43:37
  Speaker 8: Other times I thought about short of tests, I didn't
• 43:38
  Speaker 8: get any signals on it, so I didn't I didn't
• 43:40
  Speaker 8: mess with it. But at that time I got all
• 43:42
  Speaker 8: the signals lined up, so I'm like, all right, let
• 43:44
  Speaker 8: me just wait for a little confirmation. And once it
• 43:46
  Speaker 8: broke that support line, I jumped in with a bunch
• 43:49
  Speaker 8: of pots and made a ton of money on that
• 43:50
  Speaker 8: down track. I just hopped out a little early, you know.
• 43:53
  Speaker 8: I hopped out around like six fifty. If I could
• 43:54
  Speaker 8: have caught all the way down to five something. But yeah,
• 43:58
  Speaker 8: that was that was a good trend. And so that's
• 43:59
  Speaker 8: HOWELL work.
• 44:01
  Speaker 2: So you said division is eventually need to take the
• 44:05
  Speaker 2: company public, right, So what's the process for that?
• 44:09
  Speaker 8: Uh So, right now, we're actually working with the attorney
• 44:11
  Speaker 8: to get to structure make sure the company is structured
• 44:13
  Speaker 8: in the proper way. So a lot of what we're
• 44:15
  Speaker 8: gonna need to do it it's a certain amount of
• 44:17
  Speaker 8: first seed investors that are already part of the company,
• 44:21
  Speaker 8: right Like, already investors prior to taking the company public.
• 44:24
  Speaker 8: So that's one of the first steps we are to do.
• 44:26
  Speaker 8: And then we have to restructure the way we structure
• 44:28
  Speaker 8: the corporation. But overall, you know, the whole the whole
• 44:31
  Speaker 8: idea is we set up a couple of milestones that
• 44:35
  Speaker 8: we we're going to hit personally, you know, as far
• 44:38
  Speaker 8: as how we want our development to go, and then
• 44:40
  Speaker 8: numbers that we want to hit before we take the
• 44:42
  Speaker 8: company public. But one thing I got to say about
• 44:44
  Speaker 8: even going public is I just got to encourage everybody,
• 44:47
  Speaker 8: you know, as our community, Black people in our community,
• 44:53
  Speaker 8: we have we've kind of worked through this process of
• 44:55
  Speaker 8: education on starting We've always been entrepreneurial in this country
• 44:59
  Speaker 8: and other countries, right, I've always been entrepreneurial, whether that
• 45:02
  Speaker 8: entrepreneurialism was stifled by outside forces or not.
• 45:05
  Speaker 6: In fact, this episode is brought to you by p
• 45:09
  Speaker 6: and C Bank. A lot of people think podcasts about
• 45:12
  Speaker 6: work are boring, and sure they definitely can be, but
• 45:15
  Speaker 6: understanding a professionals routine shows us how they achieve their
• 45:19
  Speaker 6: success little by little, day after day. It's like banking
• 45:23
  Speaker 6: with P and C Bank. It might seem boring to
• 45:26
  Speaker 6: safe plan and make calculated decisions with your bank, but
• 45:29
  Speaker 6: keeping your money boring is what helps you live or
• 45:32
  Speaker 6: more happily fulfilled life. P and C Bank Brilliantly Boring
• 45:36
  Speaker 6: since eighteen sixty five. Brilliantly Boring since eighteen sixty five
• 45:40
  Speaker 6: is a service mark of the PNC Financial Service Group, Inc.
• 45:44
  Speaker 6: P and C Bank National Association Member fdiic.
• 45:50
  Speaker 7: Ernest What's up?
• 45:51
  Speaker 6: You ever walk into a small business and everything just
• 45:54
  Speaker 6: works like the checkout is fast, the receipts are digital,
• 45:57
  Speaker 6: tipping is a breeze, and yet out the door before
• 46:00
  Speaker 6: the line even builds odds are they're using Square? We
• 46:05
  Speaker 6: love supporting businesses that run on Square because it just
• 46:07
  Speaker 6: feels seamless. Whether it's a local coffee shop, a vendor
• 46:11
  Speaker 6: at a pop up market, or even one of our
• 46:13
  Speaker 6: merch partners. Square makes it easy for them to take payments,
• 46:17
  Speaker 6: manage inventory, and run their business with confidence, all from
• 46:21
  Speaker 6: one simple system. If you're a business owner or even
• 46:24
  Speaker 6: just thinking about launching something soon, Square is hands down
• 46:28
  Speaker 6: one of the best tools out there to help you start, run,
• 46:31
  Speaker 6: and grow. It's not just about payments, it's about giving
• 46:34
  Speaker 6: you time back so you can focus on what matters
• 46:37
  Speaker 6: most ready. To see how Square can transform your business,
• 46:40
  Speaker 6: visit Square dot com backslash go backslash eyl to learn
• 46:45
  Speaker 6: more that Square dot com backslash, go backslash eyl. Don't wait,
• 46:51
  Speaker 6: don't hesitate. Let's Square handle the back end so you
• 46:54
  Speaker 6: can keep pushing your vision forward.
• 46:58
  Speaker 1: You just realized your business needed to hire someone yesterday.
• 47:02
  Speaker 1: How can you find amazing candidates fast? Easy? Just use Indeed.
• 47:07
  Speaker 1: Stop struggling to get your job posts seen on other
• 47:10
  Speaker 1: job sites. With Indeed sponsored jobs, your post jumps to
• 47:14
  Speaker 1: the top of the page for your relevant candidates, so
• 47:17
  Speaker 1: you can reach the people you want faster. According to
• 47:20
  Speaker 1: Indeed data, sponsored jobs posted directly on Indeed have forty
• 47:24
  Speaker 1: five percent more applications than non sponsored jobs. Don't wait
• 47:27
  Speaker 1: any longer, speed up your hiring right now with Indeed,
• 47:31
  Speaker 1: and listeners of this show will get a seventy five
• 47:34
  Speaker 1: dollars sponsored job credit to get your jobs more visibility
• 47:37
  Speaker 1: at indeed dot com slash pod Katz thirteen. Just go
• 47:43
  Speaker 1: to indeed dot com slash pod Katz thirteen right now
• 47:48
  Speaker 1: and support our show by saying you heard about Indeed
• 47:50
  Speaker 1: on this podcast. Terms and conditions apply. Hiring Indeed is
• 47:55
  Speaker 1: all you need because.
• 47:56
  Speaker 7: We've always had that energy. I think one thing about
• 47:59
  Speaker 7: about it.
• 48:00
  Speaker 8: You know, since you know, had Marcus Garvey taking this company,
• 48:03
  Speaker 8: you know, onto stock market things like that, it really
• 48:06
  Speaker 8: hasn't been prevalent for us to enter that space. Marcus
• 48:08
  Speaker 8: garb coming Yeah, when the largest the first first company,
• 48:12
  Speaker 8: Black Home company to go up.
• 48:15
  Speaker 7: But but you know it was a I think it
• 48:16
  Speaker 7: was a shipping company that he took to. Yeah.
• 48:19
  Speaker 8: And so the whole thing about that is, you know,
• 48:23
  Speaker 8: that is where the money is. If you look at
• 48:25
  Speaker 8: the richest people in the world. Jeff Bezos, Uh, you know.
• 48:28
  Speaker 7: Els Elon Muss, rich person in the world. Why because
• 48:31
  Speaker 7: it's stock that he owns.
• 48:32
  Speaker 2: What I think, like, can we get some research, moll
• 48:36
  Speaker 2: But I think I think it's four thousand companies I
• 48:39
  Speaker 2: just want to stock market roughly in twelve are.
• 48:42
  Speaker 8: Black Black Home, Yeah, and a lot of them we
• 48:44
  Speaker 8: don't even know as as traders as the best I think,
• 48:47
  Speaker 8: you know, we know.
• 48:48
  Speaker 7: I think maybe four or five is a pharmaceutical medical
• 48:51
  Speaker 7: supply company. There's urban one. It's different companies like that.
• 48:54
  Speaker 8: But yeah, right, but you know, when it comes to
• 48:57
  Speaker 8: like you know, our our, our your we got some
• 49:00
  Speaker 8: amazing entrepreneurs are here, amazing, we got amazing Black entrepreneurs
• 49:03
  Speaker 8: are here right now killing the game. And the capital
• 49:06
  Speaker 8: markets is where representative.
• 49:07
  Speaker 7: That's where the.
• 49:08
  Speaker 8: Money is, right And the thing is, I know so
• 49:10
  Speaker 8: many I know a handful of other raised entrepreneurs I
• 49:14
  Speaker 8: know personally that's taking their companies public and they're not
• 49:16
  Speaker 8: even on a major level. That just took the company public.
• 49:19
  Speaker 8: And we think about it like it's something some big,
• 49:20
  Speaker 8: mysterious thing that we have to do. But at the
• 49:22
  Speaker 8: end of the day, we just have to have really
• 49:23
  Speaker 8: good companies, enough capital and take that thing and make
• 49:27
  Speaker 8: it happen. Because at the end of the day, that's
• 49:29
  Speaker 8: where the money is. And if we want to really
• 49:30
  Speaker 8: see you know, first off, closed the wealth gap. Second off,
• 49:33
  Speaker 8: if we want to really reach heights that you know,
• 49:36
  Speaker 8: our maximum potential, we got to go where the money
• 49:38
  Speaker 8: is and that's our plan.
• 49:39
  Speaker 2: So why why you think more people have not taken
• 49:41
  Speaker 2: their company public?
• 49:43
  Speaker 11: I think I think it's just the education, the awareness,
• 49:46
  Speaker 11: and just the fact that it's not made known or
• 49:49
  Speaker 11: made like it's like I get thin, right like in
• 49:52
  Speaker 11: every community, like if I feel like in other communities,
• 49:55
  Speaker 11: it's just something that they're aware of. Right, Like if
• 49:58
  Speaker 11: you look at Elon Munts, everybody's saying Elon Musk like
• 50:00
  Speaker 11: just came out of nowhere and became like, you know,
• 50:02
  Speaker 11: a multi billionaire, right Like Elon Musk had billions right
• 50:05
  Speaker 11: before that, but he came out and literally made hundreds
• 50:09
  Speaker 11: of billions in a very short span of time. Right,
• 50:12
  Speaker 11: you can't that kind of money is not something you
• 50:15
  Speaker 11: can legitimate and just business just by you know, like
• 50:18
  Speaker 11: within a year or whatever it may be. So the
• 50:21
  Speaker 11: marketplace is literally an engine, a financial engine, right, like
• 50:25
  Speaker 11: a like a wealth vehicle that you can capitalize on
• 50:28
  Speaker 11: just based off of other people investing in your company.
• 50:31
  Speaker 7: And like one thing I always say with like you know, our.
• 50:35
  Speaker 11: Community we make like everything like anything that if you
• 50:40
  Speaker 11: look at trends, right, like anything that black people really.
• 50:44
  Speaker 7: Stamp on goes, right, Like we move markets.
• 50:47
  Speaker 11: We were known to have, Like our expenditure is like
• 50:50
  Speaker 11: in trillions of dollars as a marketplace. So imagine that
• 50:54
  Speaker 11: being reflected in the marketplace with the amazing companies and
• 50:57
  Speaker 11: entrepreneurs that we have on hand current, we'll be making
• 51:01
  Speaker 11: billionaires overnight, Like you know what I mean.
• 51:03
  Speaker 6: I think we had this conversation, yeah, and open my
• 51:06
  Speaker 6: mind to it, and I think the key is that
• 51:09
  Speaker 6: it was out the realm of belief. Yeah, we've never
• 51:11
  Speaker 6: we've never seen it right, right, Like we've never necessarily
• 51:14
  Speaker 6: from I guess our democratic right, We've never We've just
• 51:17
  Speaker 6: never seen it, right.
• 51:18
  Speaker 7: And so like when we had this conversation, I'm thinking, like,
• 51:21
  Speaker 7: that's really brilliant, But what is what is.
• 51:23
  Speaker 2: Some of the corporate other country off? But I don't
• 51:26
  Speaker 2: because like, how is there a certain revenue threshold that
• 51:30
  Speaker 2: you have.
• 51:32
  Speaker 7: Forgot?
• 51:32
  Speaker 8: Like listen, you got got you got you got companies
• 51:35
  Speaker 8: that are shell companies that don't have anything.
• 51:38
  Speaker 4: But a corporation that are public that go public.
• 51:41
  Speaker 7: And you can buy a publicly.
• 51:42
  Speaker 8: Publicly traded show company today right now, if you want
• 51:44
  Speaker 8: to go public in the next couple of months, you
• 51:46
  Speaker 8: can buy a public trader show company.
• 51:47
  Speaker 7: Do a reverse merger and you have a public company.
• 51:49
  Speaker 4: But at the end of it's a reverse merger.
• 51:51
  Speaker 8: Verse mergers essentially when you you a privately held company
• 51:55
  Speaker 8: will merge with a publicly held entity, right and to
• 51:58
  Speaker 8: create a new corporate, a new entity that one kind
• 52:02
  Speaker 8: of merges into the other.
• 52:03
  Speaker 7: Right. So at the end of the day, at the
• 52:08
  Speaker 7: mergers with a would call ourselves something new, you can
• 52:11
  Speaker 7: you give the calls to something new.
• 52:12
  Speaker 8: You can keep the name of the of the entity
• 52:14
  Speaker 8: that is being the entity that's being acquired, which will
• 52:17
  Speaker 8: be the actively traded company, actively actively trade actively active
• 52:22
  Speaker 8: business that.
• 52:25
  Speaker 4: I don't need to discuss further. I PO hole reverse
• 52:28
  Speaker 4: merger yep.
• 52:30
  Speaker 11: That's exactly yeah. And then you also take over all
• 52:32
  Speaker 11: the legalities of the already. So the whole point of
• 52:35
  Speaker 11: the reverse merger is that the first company has everything
• 52:39
  Speaker 11: that you need to be able to list on the
• 52:41
  Speaker 11: stock market. If you are a private company and you
• 52:43
  Speaker 11: don't have there's a lot that goes into like you know,
• 52:46
  Speaker 11: just like not shoving.
• 52:48
  Speaker 7: Down process, processes, process.
• 52:50
  Speaker 11: But that company, yeah, has everything that you need. You
• 52:53
  Speaker 11: don't have anything that you need, you you know, reverse
• 52:56
  Speaker 11: merger with that company, merge and then you have everything
• 52:58
  Speaker 11: you need, so you take on all the credibilities specific
• 53:01
  Speaker 11: capital threshold.
• 53:02
  Speaker 8: So the thing about it is there's capital requirements to
• 53:06
  Speaker 8: to to you know, pay for the fees and list
• 53:09
  Speaker 8: and legal fees and things like that to list. But
• 53:12
  Speaker 8: as far as like having to have a certain amount
• 53:14
  Speaker 8: of capital, it depends on the exchange you want to
• 53:16
  Speaker 8: listen on. So mean, if you want to go to
• 53:17
  Speaker 8: Nasdaq or something like that, NASA has the highest list
• 53:19
  Speaker 8: of requirements of anything else. You have New York cut
• 53:21
  Speaker 8: stocks sets, but then you also have the OTC markets,
• 53:23
  Speaker 8: and a lot of us sleep on the OTC markets,
• 53:25
  Speaker 8: but you have a lot of decent companies that are
• 53:27
  Speaker 8: actually listening to occ that can uplist as.
• 53:29
  Speaker 7: They go along.
• 53:30
  Speaker 8: So it's an entire process. We don't need to discard
• 53:33
  Speaker 8: any of the different you know, exchanges that you can
• 53:36
  Speaker 8: listen on. The point is get there right once you
• 53:39
  Speaker 8: get there, And this is the other thing about it,
• 53:40
  Speaker 8: And we talk about price of stock and stuff like that,
• 53:42
  Speaker 8: that's not really the most important thing. The most important
• 53:44
  Speaker 8: thing is having the leverage to be able to acquire
• 53:47
  Speaker 8: other companies.
• 53:48
  Speaker 7: Right.
• 53:48
  Speaker 8: You can do stock transactions, you can do options transactions.
• 53:51
  Speaker 8: You know, to be able to acquire other companies. It's
• 53:53
  Speaker 8: just so the whole world opens up to you that's
• 53:56
  Speaker 8: not opened typically as as a private, privately owned corporate.
• 54:00
  Speaker 8: And so that's kind of our plan. Obviously we're not
• 54:02
  Speaker 8: experts at the doing it.
• 54:04
  Speaker 7: We haven't done it.
• 54:05
  Speaker 8: Yeah, I've done spend a lot of years researching, a
• 54:07
  Speaker 8: lot of years talking to attorneys about it, and make
• 54:10
  Speaker 8: it step by step. But at the end of the day,
• 54:12
  Speaker 8: you know, our plan is to literally to kick down
• 54:16
  Speaker 8: the door for our group and our generation to that
• 54:18
  Speaker 8: space and bring that information in that and that process
• 54:21
  Speaker 8: back to everybody else and really be able to partner
• 54:23
  Speaker 8: with other people and do things that we can just
• 54:26
  Speaker 8: encourage people to do.
• 54:27
  Speaker 7: It, you know what I mean.
• 54:28
  Speaker 6: There was this coffee company that Jamal and I were
• 54:30
  Speaker 6: were familiar with the way back when called looking and
• 54:34
  Speaker 6: they got off, but they're back on the OTC market
• 54:37
  Speaker 6: and I'm.
• 54:37
  Speaker 9: Like, oh, this is what they're doing. They just change
• 54:39
  Speaker 9: the name, right, And so it went from like the
• 54:41
  Speaker 9: two dollars stop now to almost like a.
• 54:42
  Speaker 7: Nine dollars step.
• 54:43
  Speaker 6: And so that's important because now they don't have to
• 54:45
  Speaker 6: pay the fee for being in I guess whatever that
• 54:49
  Speaker 6: they so now they just go OTC paying lower entry
• 54:53
  Speaker 6: level and still can exist as a company.
• 54:55
  Speaker 11: It's kind of like, essentially like an athlete going to
• 54:58
  Speaker 11: the genieue right to get the exposure, get everything you need,
• 55:01
  Speaker 11: get the experience, and then once the NBA seas or
• 55:05
  Speaker 11: you're ready to go to the NBA, you go to
• 55:07
  Speaker 11: your pro day and then you know, try out and
• 55:09
  Speaker 11: get into the NBA.
• 55:10
  Speaker 7: That's about it, simple ass I think I can put it.
• 55:12
  Speaker 6: And if I'm thinking spoils like do like Josh Gordon,
• 55:16
  Speaker 6: right exactly, Josh Gordon suspended. He's got to figure out
• 55:19
  Speaker 6: he's playing league until he can get back to the NFL. Right, gotcha?
• 55:23
  Speaker 4: O TC over the counter over the counter.
• 55:27
  Speaker 8: Is a lot less not less listen requirements, a lot
• 55:29
  Speaker 8: less oversight as far as you know, financial statements and
• 55:33
  Speaker 8: all that other type of stuff. But the thing about
• 55:34
  Speaker 8: that area is if you operate as a proper company,
• 55:38
  Speaker 8: you do even if they don't have the oversight. You
• 55:40
  Speaker 8: make sure that all your stuff is in line, do
• 55:42
  Speaker 8: your financial statements, You operate within your company as if
• 55:45
  Speaker 8: you were trading one of that at the end of
• 55:47
  Speaker 8: the day, you do what you're supposed to do. Things
• 55:50
  Speaker 8: are gonna do. Everything will line up, and that's the
• 55:52
  Speaker 8: way I'll see and this is all you know, you
• 55:54
  Speaker 8: know in our roadmap. You know, our plan is literally
• 55:57
  Speaker 8: whether we go see we go straight to New yorksire change,
• 56:00
  Speaker 8: whatever it is. You know, we just build a really
• 56:02
  Speaker 8: really good company. If you build a really really good company,
• 56:05
  Speaker 8: whatever you want to do with it, at that point
• 56:07
  Speaker 8: you'll be able to do.
• 56:08
  Speaker 7: Right.
• 56:08
  Speaker 8: We have our company right, our business as it stands,
• 56:11
  Speaker 8: we have amazing revenue, we have amazing profit margins, we
• 56:14
  Speaker 8: have everything we need to expand. And there's so many
• 56:18
  Speaker 8: other businesses that are out there in the same space.
• 56:20
  Speaker 8: SaaS companies, h e commerce businesses, as a as a
• 56:24
  Speaker 8: software as a service so you know, software as the
• 56:27
  Speaker 8: service companies are our amazing business model. And our plan
• 56:29
  Speaker 8: is actually to expand and purchase more software as a
• 56:31
  Speaker 8: service company.
• 56:32
  Speaker 4: Software as a service company.
• 56:33
  Speaker 8: So you build a software and you essentially sell it
• 56:36
  Speaker 8: as a service on a monthly subscription basis, you know,
• 56:38
  Speaker 8: man so and it's just an amazing, amazing business model
• 56:42
  Speaker 8: because you know, once it's built, you know, the infrastructure
• 56:45
  Speaker 8: around it is just administrative really once once the product
• 56:48
  Speaker 8: is built, and then you just have subscription revenue that
• 56:51
  Speaker 8: you can constantly grow if it's a really good product
• 56:53
  Speaker 8: and as a use case for millions of people. Your
• 56:55
  Speaker 8: job is really just to make millions of people aware
• 56:57
  Speaker 8: about it so that you can continue to expand.
• 56:59
  Speaker 7: The company and then take that model and grow it.
• 57:02
  Speaker 8: And honestly, I got to say, you know, we're just
• 57:04
  Speaker 8: having this, Yeah, we're just having this conversation not too
• 57:08
  Speaker 8: long ago.
• 57:08
  Speaker 7: But I've been I was big in real.
• 57:09
  Speaker 8: Estate, you know, man, I was big in real estate.
• 57:11
  Speaker 8: And I'm never knocking real estate at all, but I'm
• 57:14
  Speaker 8: looking and die for real estate.
• 57:15
  Speaker 7: It used to be that, yeah, yeah, And how to
• 57:17
  Speaker 7: put that out there?
• 57:18
  Speaker 8: I started to look at it and I was like, man, man,
• 57:20
  Speaker 8: if I got X amount of capital and I wanted
• 57:23
  Speaker 8: to put it to work in a particular industry, right,
• 57:27
  Speaker 8: if if my mindset is growth, right, if I'm trying
• 57:30
  Speaker 8: to grow, you know, within a certain timeframe, SaaS businesses
• 57:34
  Speaker 8: really offered in an unbeatable type of model, business model,
• 57:40
  Speaker 8: right because I put my capital up. I have my
• 57:42
  Speaker 8: digital real estate, my website, my you know, different things
• 57:45
  Speaker 8: that's out there, landing pages and sources of traffic. And
• 57:50
  Speaker 8: you build something once and the revenue comes consistently. If
• 57:53
  Speaker 8: I want to put ads spend into it. If I
• 57:55
  Speaker 8: spend one thousand dollars in ads, I might can come
• 57:57
  Speaker 8: back with two thousand and three thousand dollars the next
• 57:59
  Speaker 8: day or week or whatever it is, within.
• 58:02
  Speaker 7: A short period of time. It's the velocity of money,
• 58:04
  Speaker 7: you know what I mean.
• 58:04
  Speaker 8: So when I look at at what I can do
• 58:06
  Speaker 8: in real estate, all right, well, I can put my
• 58:07
  Speaker 8: money into real estate and do that. I'm never not
• 58:10
  Speaker 8: I'm not again, I'm not saying not to What I'm
• 58:12
  Speaker 8: saying is if I got to wait for my capital
• 58:14
  Speaker 8: come back at least on a monthly basis, right, you
• 58:16
  Speaker 8: know we have monthly tenants. But then you you know,
• 58:19
  Speaker 8: there's expenses and things like that. So it's certain my profit.
• 58:21
  Speaker 8: But when I look at you know, says I could
• 58:24
  Speaker 8: put my same capital to work in sas and my
• 58:26
  Speaker 8: velocity comes back within a couple of days, a couple
• 58:29
  Speaker 8: of weeks.
• 58:29
  Speaker 7: Maybe you know what it means. A velocity is quicker.
• 58:31
  Speaker 8: So if I can turn my money around quicker, I
• 58:34
  Speaker 8: can grow my capital quicker, and my equity in my
• 58:36
  Speaker 8: company scales a lot more. You look at real estate,
• 58:40
  Speaker 8: you got cap rates right for your real estate on
• 58:42
  Speaker 8: how to value commercial properties with a SaaS business.
• 58:45
  Speaker 7: If I do, if I have a.
• 58:49
  Speaker 8: SaaS business based off let's say tech right, obviously tech right,
• 58:54
  Speaker 8: my valuations maybe eight times my monthly recurrent revenue annual
• 58:58
  Speaker 8: recurrent revenue. If I add things in like data consumer data,
• 59:02
  Speaker 8: that I also add to that to that business. And
• 59:05
  Speaker 8: this is something I actually gone off of my bro
• 59:07
  Speaker 8: check cha right cha cha, and something that we looked
• 59:11
  Speaker 8: at it and I was like, yeah, uh chet shout.
• 59:14
  Speaker 7: Out a couple of brother NFL.
• 59:16
  Speaker 8: Yeah yeah, So so you know, if you add to
• 59:20
  Speaker 8: that brother yeah yeah, yeah, yeah, and they have been
• 59:22
  Speaker 8: to the real estate.
• 59:23
  Speaker 7: Yeah, we'll be in numbers.
• 59:25
  Speaker 5: Yeah, well we'll be chopping up.
• 59:27
  Speaker 7: Yeah, we'll be chopping.
• 59:28
  Speaker 8: So it's based on how you can expand your your potential,
• 59:31
  Speaker 8: uh your potential uh valuation on your company just by
• 59:35
  Speaker 8: adding different things like like data being a database company
• 59:38
  Speaker 8: versus uh, you know, just the standard SaaS company. So
• 59:40
  Speaker 8: there's a lot of flexibility on how you can grow
• 59:43
  Speaker 8: your valuation and your equity in your company.
• 59:46
  Speaker 7: You know, with SAS, there's so.
• 59:47
  Speaker 11: Much set of eight times, like as a regular evaluation
• 59:50
  Speaker 11: for the SaaS company.
• 59:51
  Speaker 5: If you add data is twenty.
• 59:52
  Speaker 11: Five times, can't be up to twenty five twenty five
• 59:56
  Speaker 11: it's just evaluation for evaluation.
• 59:58
  Speaker 7: So that's that's a that's a huge factor.
• 1:00:01
  Speaker 8: So you look at if you look at building our portfolios,
• 1:00:04
  Speaker 8: I've rather I'm looking at now from my perspective's build
• 1:00:07
  Speaker 8: our portfolio of SaaS companies right the same way with
• 1:00:09
  Speaker 8: the real estate based portfolio, and then combine all that
• 1:00:13
  Speaker 8: together and create a company that's massively held you know, uh,
• 1:00:18
  Speaker 8: the entity that's that's in the SaaS space.
• 1:00:20
  Speaker 7: So that's that's kind of one thing.
• 1:00:21
  Speaker 8: Again, want to encourage other entrepreneurs out there, other black
• 1:00:24
  Speaker 8: entrepreneurs particularly to start looking into more sure.
• 1:00:28
  Speaker 7: More you know.
• 1:00:28
  Speaker 2: Man, Yeah, taking the real estate space is something that special.
• 1:00:33
  Speaker 2: It's vital, vital especially in this day and age is
• 1:00:35
  Speaker 2: not like it. So we talk about all right, so
• 1:00:38
  Speaker 2: talk about the company. So what what exactly do you
• 1:00:41
  Speaker 2: guys offer, Like, what's your products?
• 1:00:43
  Speaker 8: So we offer our primary product is our Chi code Algo,
• 1:00:47
  Speaker 8: our product that's our SaaS products, right and which we're
• 1:00:50
  Speaker 8: constantly iterating and constantly improving on and constantly you know,
• 1:00:54
  Speaker 8: just bringing value to Then we have our second kind
• 1:00:57
  Speaker 8: of tier will be our educational program. So for Sego
• 1:01:01
  Speaker 8: we also do classes for we do free classes. We
• 1:01:03
  Speaker 8: have free free classes we do twice a week on
• 1:01:06
  Speaker 8: how to use the cheat code so that people can
• 1:01:08
  Speaker 8: learn live. We sit on Zoom, we teach. Then we
• 1:01:10
  Speaker 8: have a free community in which people can kind of
• 1:01:12
  Speaker 8: come to and we talk about stocks, options, give games.
• 1:01:14
  Speaker 7: Stuff like that.
• 1:01:15
  Speaker 11: The second quick before we move from that, the cheat
• 1:01:17
  Speaker 11: code just in general, usually just for people that are
• 1:01:21
  Speaker 11: completely new and just don't know what the cheat code
• 1:01:24
  Speaker 11: is even from this conversation, it is that software. It's
• 1:01:27
  Speaker 11: a trade in software that tells you exactly when to
• 1:01:29
  Speaker 11: buy and exactly when to sell, and then as you're trading,
• 1:01:33
  Speaker 11: it does have a live trade and manager that actually
• 1:01:36
  Speaker 11: gives you stop laws values that you can have as
• 1:01:39
  Speaker 11: a mental stop loss or you can actually implement in
• 1:01:42
  Speaker 11: your chart.
• 1:01:42
  Speaker 7: Yeah, take profit and then take profit points because you
• 1:01:45
  Speaker 7: want to be want to take profit on the way up, right,
• 1:01:46
  Speaker 7: not the way down.
• 1:01:47
  Speaker 8: And some week we try to impart to everybody as
• 1:01:49
  Speaker 8: we can scale out of your positions on the way
• 1:01:51
  Speaker 8: up so that you don't have to worry about oh,
• 1:01:53
  Speaker 8: you know, I don't know what it's you get into
• 1:01:55
  Speaker 8: a really good trade and you're like, oh, I'm scared
• 1:01:56
  Speaker 8: to take profit like scale out. So that's why we
• 1:01:59
  Speaker 8: set that set up. We got a lot of features there,
• 1:02:02
  Speaker 8: so that's our main thing. And then we have the
• 1:02:04
  Speaker 8: free community Discord community. We teach, you know, and we talk,
• 1:02:08
  Speaker 8: we do all types of stuff in there. It's about
• 1:02:09
  Speaker 8: three thousand people deep in there. And in that program,
• 1:02:11
  Speaker 8: we have a premium product that our premium service where
• 1:02:14
  Speaker 8: we do live trade alerts. We do classes from beginner
• 1:02:17
  Speaker 8: to advance every week, that kind of thing. And then
• 1:02:21
  Speaker 8: we have our master Class program which we recently launched
• 1:02:24
  Speaker 8: and that's launching tomorrow actually April first. We're gonna run
• 1:02:27
  Speaker 8: them every two months and that is an eight week
• 1:02:30
  Speaker 8: master class. We go from beginner trader all the way
• 1:02:34
  Speaker 8: to advance. We teach you absolutely nothing to be able
• 1:02:37
  Speaker 8: to trade advanced trading, you know, within eight weeks. So
• 1:02:41
  Speaker 8: that's something we really did a brain dump on, like,
• 1:02:43
  Speaker 8: you know, as much as we could get out of
• 1:02:44
  Speaker 8: our heads into the course is what we provide there.
• 1:02:47
  Speaker 8: That's live, We teach it, you know, and we have
• 1:02:49
  Speaker 8: a community as well. We can you have access tools,
• 1:02:52
  Speaker 8: We talk all day long and make sure people get
• 1:02:54
  Speaker 8: that information, and then finally what else we have, and
• 1:02:59
  Speaker 8: then we got the ten kh chimes is.
• 1:03:01
  Speaker 7: A really cool, cool thing. It's something we launched.
• 1:03:04
  Speaker 8: Basically, we start off with a thousand dollars in an
• 1:03:07
  Speaker 8: account and then we basically will trade that account. Our
• 1:03:11
  Speaker 8: admin team will trade that account h and the trades
• 1:03:14
  Speaker 8: that they take live. You know, other people are able
• 1:03:16
  Speaker 8: to kind of witness follow a log.
• 1:03:18
  Speaker 7: You can see it's completely optional.
• 1:03:21
  Speaker 8: Is that something we're like, oh, you have to do
• 1:03:23
  Speaker 8: this at a third But it's it's basically so that
• 1:03:25
  Speaker 8: you can kind of see how we do it right,
• 1:03:26
  Speaker 8: and then you can either emulate it or not do.
• 1:03:28
  Speaker 7: It, essentially like giving you fish while you know, learn
• 1:03:31
  Speaker 7: how you fish to. So yeah, that's pretty much the
• 1:03:34
  Speaker 7: main products that we have or services that we offer.
• 1:03:38
  Speaker 8: But I think the main thing that we really want
• 1:03:40
  Speaker 8: our community to to do is is really just wherever
• 1:03:44
  Speaker 8: you get your information from, get the information, you know,
• 1:03:47
  Speaker 8: because a lot of people are out here getting into
• 1:03:50
  Speaker 8: the market and just trying to hand This is a
• 1:03:53
  Speaker 8: skill based game.
• 1:03:54
  Speaker 7: You wouldn't go out onto a we go to Rocker Park, right.
• 1:03:59
  Speaker 8: You just like, yeah, you just learn, if you just
• 1:04:01
  Speaker 8: learn how to ball the other day, Right, you got
• 1:04:03
  Speaker 8: a basketball, you've been dribbling around, then you will head
• 1:04:07
  Speaker 8: out to Rucker Park that you're gonna do something right.
• 1:04:09
  Speaker 8: So it's how it is we want everybody to It's
• 1:04:14
  Speaker 8: not technicals versus fundamentals.
• 1:04:16
  Speaker 7: You need to learn both.
• 1:04:17
  Speaker 8: You need to have an understand because sometimes it's gonna
• 1:04:19
  Speaker 8: be the time today trade and things like that. Sometimes
• 1:04:21
  Speaker 8: it's gonna be time to just put it into long
• 1:04:23
  Speaker 8: term and just chill out, right. And that's where I'm
• 1:04:25
  Speaker 8: at right now. Well, when I talked to Jamal and
• 1:04:27
  Speaker 8: I talked to you guys a couple months ago, you guys,
• 1:04:29
  Speaker 8: what are you training, I'm like, man, honestly, I don't
• 1:04:31
  Speaker 8: like the market right now. I'm gonna stash into some
• 1:04:33
  Speaker 8: value trades and I'm gonna sit there. And that was January,
• 1:04:36
  Speaker 8: you know what I mean, And everybody was still kind
• 1:04:38
  Speaker 8: of going to Tech round and I'm like, I made
• 1:04:39
  Speaker 8: a bunch of money on Tech, I made a bunch
• 1:04:41
  Speaker 8: of money on Tesla. I made a bunch of money
• 1:04:42
  Speaker 8: on those things. Now I'm kind of just hanging out.
• 1:04:44
  Speaker 8: I'm gonna stash my money some value stuff. I'm gonna
• 1:04:46
  Speaker 8: hang out long term, so I figure out what the
• 1:04:48
  Speaker 8: market's gonna do. Got everything going on with interest rates
• 1:04:50
  Speaker 8: and all this other type of stuff. Market knowledge is
• 1:04:54
  Speaker 8: the kind of like the third leg technical fundamentals and
• 1:04:56
  Speaker 8: market knowledge, understanding what's happening in the market, the economy,
• 1:04:59
  Speaker 8: how the economy work works, full story economics.
• 1:05:02
  Speaker 2: That's important too to realize some time, I just put
• 1:05:05
  Speaker 2: a substantial amount of money in some long term positions
• 1:05:08
  Speaker 2: because it's like you get caught up and trying to
• 1:05:10
  Speaker 2: run somebody else's race and measure your success.
• 1:05:12
  Speaker 4: But the worst thing you can do is get a
• 1:05:14
  Speaker 4: bag and blow it.
• 1:05:15
  Speaker 5: And you can blow it.
• 1:05:18
  Speaker 7: Yeah yeah, yeah, never broke again.
• 1:05:21
  Speaker 5: I like that.
• 1:05:23
  Speaker 2: If you like that, If you if you don't know
• 1:05:25
  Speaker 2: what to do, there's nothing wrong with not doing anything
• 1:05:28
  Speaker 2: or just playing it safe position, playing it safe until
• 1:05:32
  Speaker 2: until you know you figure it out if you want
• 1:05:34
  Speaker 2: to start to trade again, or you know, make short
• 1:05:36
  Speaker 2: term you know situations or options and stuff like that.
• 1:05:39
  Speaker 4: But you feel pressure to do something, just to.
• 1:05:41
  Speaker 8: Do it now, and that's when you lose money and
• 1:05:44
  Speaker 8: degree you agree, your eyes get big, you see, you know,
• 1:05:47
  Speaker 8: see everything going up crazy, like I want to get it, man,
• 1:05:49
  Speaker 8: I'm telling you man like. I've been through it, and
• 1:05:51
  Speaker 8: it took me a long time to understand that.
• 1:05:53
  Speaker 7: What you're talking about.
• 1:05:54
  Speaker 8: And I think that's very wise if you even you know,
• 1:05:56
  Speaker 8: as an individual in the space, that you recognize that early,
• 1:06:01
  Speaker 8: you know, I mean, because for me, it took me
• 1:06:03
  Speaker 8: a long time.
• 1:06:03
  Speaker 7: I started young and being young and high risk individual,
• 1:06:07
  Speaker 7: and I was hot head, you know what I mean.
• 1:06:09
  Speaker 7: So it took me time in every aspect you could
• 1:06:12
  Speaker 7: think of.
• 1:06:13
  Speaker 8: I was just I was a hot head, aggressive, you know,
• 1:06:16
  Speaker 8: things like that, and I had to learn over time,
• 1:06:17
  Speaker 8: like yo, sometimes you just got to learn how to
• 1:06:19
  Speaker 8: chill out. And and you know, I've been through multiple
• 1:06:23
  Speaker 8: market cycles to see the you know, the irrationality that comes.
• 1:06:27
  Speaker 8: You were last time the crypto market went crazy in
• 1:06:29
  Speaker 8: twenty seventeen, your irrationality was crazy. I turned five thousand
• 1:06:33
  Speaker 8: to two hundred and fifty k in that market, but
• 1:06:35
  Speaker 8: then lost like two hundred thousand in.
• 1:06:37
  Speaker 7: A night that night.
• 1:06:41
  Speaker 6: Emotional disparities. It tastes marketing maturity, yeah for sure. It
• 1:06:45
  Speaker 6: takes mental yeah, mental forward too. It tastes patience, it
• 1:06:49
  Speaker 6: tastes all that.
• 1:06:49
  Speaker 5: Right.
• 1:06:50
  Speaker 6: So like when you when you're going through that, when
• 1:06:51
  Speaker 6: you can see something like that. I mean, there's nothing
• 1:06:55
  Speaker 6: you can't see that, right, So like your discipline becomes
• 1:06:57
  Speaker 6: better and we I mean, I'm guilty of it. I
• 1:07:00
  Speaker 6: see myself saying, you know what, man, it's running. It's
• 1:07:03
  Speaker 6: running done to get in.
• 1:07:05
  Speaker 7: That's a fact.
• 1:07:06
  Speaker 6: But after you've done it a few times and you've
• 1:07:08
  Speaker 6: messed up a few times, yeah, you know, graceful enough
• 1:07:11
  Speaker 6: to actually come back in because you didn't lose your position.
• 1:07:13
  Speaker 9: It's like, all right, well I know it now. My
• 1:07:15
  Speaker 9: eyes are trained to see it.
• 1:07:17
  Speaker 5: I know.
• 1:07:17
  Speaker 7: You mean, it's like if you're on the field, right,
• 1:07:20
  Speaker 7: I can read the defense.
• 1:07:21
  Speaker 5: Now, right, I know what to do.
• 1:07:23
  Speaker 6: You know coming you see that safety over exactly, it
• 1:07:28
  Speaker 6: must be must be a coup of too right, exactly,
• 1:07:31
  Speaker 6: that's exactly.
• 1:07:33
  Speaker 7: That's a fact. Man.
• 1:07:35
  Speaker 11: All money that you walk away from is money won
• 1:07:38
  Speaker 11: you never lost. Like potential money to gain is not
• 1:07:41
  Speaker 11: real money. You never make money until you sell, Like
• 1:07:45
  Speaker 11: you know what I'm saying, Like those are real things
• 1:07:47
  Speaker 11: that I had to personally learn myself, you know what
• 1:07:49
  Speaker 11: I'm saying. And Frands is always beating down in my head.
• 1:07:51
  Speaker 11: I'm like, yo, like I'm ready to go all on this.
• 1:07:54
  Speaker 11: You know what I mean, Like you get excited, you
• 1:07:56
  Speaker 11: know what I'm saying. When you start, like you know,
• 1:07:58
  Speaker 11: winning and things like that, you definitely get excited and
• 1:08:00
  Speaker 11: you can you can't get swept off your feet. And
• 1:08:02
  Speaker 11: I always say this, like you know, after your biggest
• 1:08:04
  Speaker 11: gains is when you're most likely going tox means your
• 1:08:07
  Speaker 11: biggest losses because you're most vulnerable there mentally.
• 1:08:10
  Speaker 7: You know, that's the psychologicals traded.
• 1:08:13
  Speaker 5: Yeah, you think you're just God.
• 1:08:14
  Speaker 7: You know you unlock God level.
• 1:08:16
  Speaker 5: You know what I'm saying, You're not there yet.
• 1:08:18
  Speaker 2: Yeah, that's a fact. Like I said, that's something that
• 1:08:22
  Speaker 2: you know. You can't compay yourself to anybody else. You
• 1:08:24
  Speaker 2: can't count anybody else's wins. You gotta run your own race.
• 1:08:28
  Speaker 2: Realize that defense is the best offense. Take profits, don't
• 1:08:32
  Speaker 2: be greedy, don't be emotional. All of these things come
• 1:08:36
  Speaker 2: into play because if not, you can really hurt yourself.
• 1:08:38
  Speaker 4: In a short of time.
• 1:08:40
  Speaker 2: And like I said, it's nothing there's nothing worse than
• 1:08:43
  Speaker 2: getting money and then losing and losing.
• 1:08:44
  Speaker 8: And that's one thing I got I gotta say, even
• 1:08:46
  Speaker 8: for for traders. And this kind of goes th into
• 1:08:49
  Speaker 8: what you're talking about with getting money losing it as
• 1:08:51
  Speaker 8: a trader, even if you're a short term trader, short
• 1:08:54
  Speaker 8: term trade with a long term perspective. Right, So if
• 1:08:57
  Speaker 8: you if you're looking at it, I want to make
• 1:08:59
  Speaker 8: my money short term, right, You're doing it with the
• 1:09:01
  Speaker 8: perspective of, okay, long term, I want my portfolio to
• 1:09:03
  Speaker 8: grow long term. Right.
• 1:09:05
  Speaker 7: I don't want to just make money today and then
• 1:09:07
  Speaker 7: lose money tomorrow. Right.
• 1:09:08
  Speaker 8: You want to make the money and you want to
• 1:09:10
  Speaker 8: continue to see growing, even if it's with small profit
• 1:09:13
  Speaker 8: amounts every day that you.
• 1:09:14
  Speaker 7: And a lot of times we sleep on this. Once
• 1:09:16
  Speaker 7: you get to the point.
• 1:09:16
  Speaker 8: We got one hundre thousand dollars you account and traded
• 1:09:19
  Speaker 8: it up or whatnot, you're like, oh, yeah, you know
• 1:09:21
  Speaker 8: you make two thousand dollars to day. It's like that's
• 1:09:23
  Speaker 8: not a good day, right, But bro, you just made two.
• 1:09:26
  Speaker 7: Thousand dollars in a day. If you make two thousand
• 1:09:28
  Speaker 7: dollars a day every.
• 1:09:29
  Speaker 8: Day, right, you're going to make what seven hundred thousand
• 1:09:32
  Speaker 8: dollars in a year is something like that, right, So,
• 1:09:34
  Speaker 8: so at the end of the day, if you have
• 1:09:36
  Speaker 8: a one hund thousand, two hundred thosands if you have
• 1:09:38
  Speaker 8: hundred thousan dolls account, that's one percent a day that
• 1:09:41
  Speaker 8: you could just ma and you can make that relatively
• 1:09:43
  Speaker 8: easily with just a little bit of an effort, right,
• 1:09:46
  Speaker 8: even if it's a half a percent a day, you
• 1:09:47
  Speaker 8: know what I'm saying something like that, You can make
• 1:09:49
  Speaker 8: a decent amount of money on a long term perspective
• 1:09:53
  Speaker 8: short term trading. And I think that's the argument that
• 1:09:55
  Speaker 8: happens a lot of times. It's long term versus short term.
• 1:09:57
  Speaker 8: And this at the third we're all long term. Everybody
• 1:10:00
  Speaker 8: wants to make money and for the long term, you
• 1:10:03
  Speaker 8: don't want to make money.
• 1:10:03
  Speaker 7: Tomorrow and I have it the next day.
• 1:10:05
  Speaker 8: So you know, I think we just all have to
• 1:10:07
  Speaker 8: kind of take that into consideration. For all my guys
• 1:10:09
  Speaker 8: out there who are short term technical traders, you know,
• 1:10:12
  Speaker 8: try to keep a mindset of long term, keep that
• 1:10:14
  Speaker 8: goal in mind because that's all that matters.
• 1:10:18
  Speaker 7: That is in fact.
• 1:10:18
  Speaker 2: And yeah, as I always say, education is extremely important.
• 1:10:22
  Speaker 2: You can't skip over it. And it was all how
• 1:10:24
  Speaker 2: you guys talk about the fintech. You know, a black
• 1:10:26
  Speaker 2: fintech company is extremely important, and the dreams taking the
• 1:10:29
  Speaker 2: public and all of that. So you know, as always,
• 1:10:31
  Speaker 2: whenever we bring somebody on that has educational platform, we
• 1:10:34
  Speaker 2: always try to, you know, have a special offer for
• 1:10:36
  Speaker 2: ey L.
• 1:10:39
  Speaker 4: Supporters. Yeah, and you guys are enough.
• 1:10:42
  Speaker 5: To do that.
• 1:10:43
  Speaker 2: So the bundle, from my understanding, the bundle is every
• 1:10:46
  Speaker 2: single thing that you offer, right, ye, all bundled.
• 1:10:48
  Speaker 4: Together for a Yeah. So so you guys are given
• 1:10:54
  Speaker 4: five hundred dollars off right yep?
• 1:10:56
  Speaker 2: Okay, so yeah, so five hundred dollars off and the
• 1:10:59
  Speaker 2: website is e y l cc bundle dot com. So
• 1:11:03
  Speaker 2: once again, explain, explain with that with that bundle actually represents.
• 1:11:08
  Speaker 11: Yeah, so for the bundle, you're going to be getting
• 1:11:11
  Speaker 11: the cheat code i'll go software which tells you went
• 1:11:13
  Speaker 11: to buy and sell with the stop lot stay profit points.
• 1:11:16
  Speaker 7: Great, great technical analysis.
• 1:11:21
  Speaker 6: So I'm glad you brought that up a lot of
• 1:11:24
  Speaker 6: time when we say it with students of the games, right,
• 1:11:26
  Speaker 6: I know y'all personally, Yeah, that's a fact. The first
• 1:11:29
  Speaker 6: thing I did was sign up and that text you
• 1:11:31
  Speaker 6: after and he wasn't like, oh, Troy, it's all good.
• 1:11:33
  Speaker 6: It was like, no, I want to support your business
• 1:11:35
  Speaker 6: number one.
• 1:11:36
  Speaker 7: But I also want to learn.
• 1:11:37
  Speaker 9: So I found myself diving in every morning.
• 1:11:39
  Speaker 6: It's like, guys in text messages, I'm studying, I'm going
• 1:11:43
  Speaker 6: into the discord, right, I'm looking at my body and
• 1:11:45
  Speaker 6: seals because now I'm adding another piece.
• 1:11:47
  Speaker 7: To my arsenal. So a lot of times we talk
• 1:11:49
  Speaker 7: about do the homework. Do the homework.
• 1:11:51
  Speaker 9: Cheat code has become part of my homework.
• 1:11:53
  Speaker 6: So it's like, all right, I've done my technical analysis
• 1:11:55
  Speaker 6: from what I know, I have my indicators.
• 1:11:57
  Speaker 7: Let me double check it with what you guys are doing.
• 1:12:00
  Speaker 6: Like I said, Man, the platform blew me away, right,
• 1:12:03
  Speaker 6: so I had to My brother was blown away.
• 1:12:05
  Speaker 7: Everybody around us is blown away, and I was like,
• 1:12:08
  Speaker 7: look this this is something special.
• 1:12:09
  Speaker 6: Man.
• 1:12:09
  Speaker 7: We got to connect with these guys.
• 1:12:10
  Speaker 6: So again, Man, being a student of the game and
• 1:12:13
  Speaker 6: watching what you guys have done has been incredible.
• 1:12:15
  Speaker 2: So I encourage me so talk about like how like specifically,
• 1:12:17
  Speaker 2: like give an example, because I know.
• 1:12:18
  Speaker 4: You've you've been very bullish on it.
• 1:12:22
  Speaker 7: Definitely. Yeah.
• 1:12:23
  Speaker 6: So, like I said, I'll have fine stocks and I'll
• 1:12:27
  Speaker 6: do my technical analysis on it. I'll do a little
• 1:12:29
  Speaker 6: bit of fundamentals and then I'll go in to see.
• 1:12:32
  Speaker 6: One of the best things I think was the CEC
• 1:12:34
  Speaker 6: curve and when I really understood the SEC curve CC
• 1:12:37
  Speaker 6: curve really is is a swing, and so you can
• 1:12:39
  Speaker 6: see when the stock is about to change right from
• 1:12:42
  Speaker 6: a bicinggnal to a cell signal. So we go and
• 1:12:44
  Speaker 6: it's very very obvious because it's either going to be
• 1:12:46
  Speaker 6: red or green. You can kind of see from the
• 1:12:49
  Speaker 6: texture of the color, like, all right, if it's in
• 1:12:51
  Speaker 6: dark red, it's just hit this negative, hit this negative
• 1:12:54
  Speaker 6: downturn and as it pass up, you'll see it turn
• 1:12:57
  Speaker 6: light red and then you can see go green. And
• 1:12:58
  Speaker 6: one of the things I took from you, Francis is like,
• 1:13:00
  Speaker 6: you know what, don't get it right away. I wanted
• 1:13:03
  Speaker 6: to be a momentum trade.
• 1:13:04
  Speaker 9: And so I hadn't been doing that a lot.
• 1:13:06
  Speaker 6: I was like, all right, well it came out of
• 1:13:07
  Speaker 6: the swing. Let me get it in now so I
• 1:13:09
  Speaker 6: can catch the ups right, And he was like, you
• 1:13:11
  Speaker 6: know what, let's see the momentum. Let's wait a day,
• 1:13:14
  Speaker 6: let's change it. And that's another dope thing too, is
• 1:13:16
  Speaker 6: that it doesn't by hour right, so it could be
• 1:13:19
  Speaker 6: you can look at the four hour charge, look at
• 1:13:21
  Speaker 6: the three hour chart.
• 1:13:21
  Speaker 7: You can look down in thirty minutes. That's that's that's five.
• 1:13:28
  Speaker 4: That's strictly yeah.
• 1:13:30
  Speaker 6: So I started out doing the week and then I
• 1:13:32
  Speaker 6: got down to four hours. Now I feel the four hours,
• 1:13:34
  Speaker 6: so I could see it and I can see that
• 1:13:36
  Speaker 6: first tick up. It's like, okay, second tick all right,
• 1:13:39
  Speaker 6: now this is my entry point, right, And so it's
• 1:13:41
  Speaker 6: helped me tremendously and doing my research, doing my dad,
• 1:13:44
  Speaker 6: my dada analysis of my positions that.
• 1:13:46
  Speaker 7: I'm getting right.
• 1:13:46
  Speaker 11: And that's that's the same feedback we go from the
• 1:13:49
  Speaker 11: FOREX guy that tried it, he actually like a swing
• 1:13:52
  Speaker 11: trader to it.
• 1:13:53
  Speaker 7: He's a scout, he's a scalp. Yeah, we had two
• 1:13:56
  Speaker 7: two minutes minutes.
• 1:13:58
  Speaker 11: Yeah, there's there was one guy that was for X Scalp.
• 1:14:00
  Speaker 11: But and he was getting in and out of trading
• 1:14:03
  Speaker 11: and when he.
• 1:14:03
  Speaker 7: Said everything that he does in his own technicals, he
• 1:14:07
  Speaker 7: had two screens. You know these guys have like so
• 1:14:10
  Speaker 7: these guys screens.
• 1:14:11
  Speaker 8: He guys he's doing technicals on one and he's got
• 1:14:13
  Speaker 8: the CHEATK code over laid on the other one. He's like,
• 1:14:15
  Speaker 8: every time he gets his signal on his technicals, he
• 1:14:18
  Speaker 8: looks over.
• 1:14:18
  Speaker 7: And already got it.
• 1:14:20
  Speaker 8: So he's like dam He's like, I'm sitting here looking
• 1:14:21
  Speaker 8: at him like that, man, well, what am I even
• 1:14:23
  Speaker 8: doing this for?
• 1:14:24
  Speaker 7: If you already got it? That's kind of.
• 1:14:27
  Speaker 4: Yes.
• 1:14:28
  Speaker 7: And one point I want to make is that, you know,
• 1:14:30
  Speaker 7: we got to understand something.
• 1:14:32
  Speaker 8: In the marketplace we are, it's a competitive area, right.
• 1:14:36
  Speaker 8: There's always a buyer and a winner and a loser
• 1:14:38
  Speaker 8: in every transaction. When somebody's making money, somebody's losing money.
• 1:14:41
  Speaker 8: Right now, the headsphons institutional traders, uh, you know they
• 1:14:45
  Speaker 8: have you know people people have multime billion dollars even
• 1:14:47
  Speaker 8: billion dollar uh you know, high frequency trading bots and
• 1:14:51
  Speaker 8: all types of different tools that they have at their
• 1:14:53
  Speaker 8: advantage to make sure that they win at the end
• 1:14:55
  Speaker 8: of the day. We saw that with the game stop thing,
• 1:14:57
  Speaker 8: they'll go through any links to do what they have
• 1:14:58
  Speaker 8: to do to win. You standing that these guys have
• 1:15:01
  Speaker 8: billions of dollars to put towards advanced trading tools and
• 1:15:05
  Speaker 8: resources to make sure that they win and we don't. Right,
• 1:15:09
  Speaker 8: That's the whole goal is that you know, big banks
• 1:15:11
  Speaker 8: take a little bag. They're not fighting each other to
• 1:15:13
  Speaker 8: win their money from themselves. They're finally take money from
• 1:15:16
  Speaker 8: out of retail hands, right, because we're the ones putting
• 1:15:18
  Speaker 8: money and we take our stimulus money we put in
• 1:15:19
  Speaker 8: the market.
• 1:15:20
  Speaker 7: We don't really know a whole lot of technos and
• 1:15:22
  Speaker 7: stuff like that, and then we end up sometimes it's.
• 1:15:23
  Speaker 8: Almost like a casino at at some point you don't
• 1:15:26
  Speaker 8: if you don't really put a perspective on it.
• 1:15:27
  Speaker 7: So, you know, for us, when we developed the software,
• 1:15:31
  Speaker 7: it was kind of.
• 1:15:31
  Speaker 8: Like the retail traders version of some of the things
• 1:15:34
  Speaker 8: that the institutional guys are using, because if you go
• 1:15:37
  Speaker 8: back and even when you look at we had this
• 1:15:39
  Speaker 8: conversation on Club I was not too long ago where
• 1:15:41
  Speaker 8: there's a bunch of hedge fund guys in the room
• 1:15:43
  Speaker 8: and they're like kind of like kind of bragging to
• 1:15:45
  Speaker 8: each other about how you know they're they're firm caught
• 1:15:48
  Speaker 8: the bullets trend coming back to the market at the
• 1:15:51
  Speaker 8: bottom of COVID right. They're like, oh, yeah, well we
• 1:15:54
  Speaker 8: you know, our friend was the first firm on on
• 1:15:56
  Speaker 8: the on Wall Street to call the market coming back
• 1:15:59
  Speaker 8: in April tenth, or call the market coming back eight
• 1:16:01
  Speaker 8: or fourteenth. And they're like, oh, with my firm to
• 1:16:02
  Speaker 8: this that third when I went back and looked at
• 1:16:04
  Speaker 8: the Chico Chico called that thing. March twenty something like
• 1:16:06
  Speaker 8: a week two weeks before they were talking about and
• 1:16:08
  Speaker 8: it gave us all the bullert signals saying that everything
• 1:16:11
  Speaker 8: was coming back. Man, someone like yo, if these guys
• 1:16:14
  Speaker 8: are you know, with all their millions of billions of
• 1:16:16
  Speaker 8: dollars of research and tools and things like that that
• 1:16:18
  Speaker 8: they have at the disposal, this gives us a fighting chair,
• 1:16:20
  Speaker 8: a real chance of being able to protect ourselves or
• 1:16:23
  Speaker 8: be able to just have find success in the market
• 1:16:26
  Speaker 8: that you know, other we wouldn't have otherwise, and even
• 1:16:29
  Speaker 8: myself as when I go back and I look at Covid.
• 1:16:33
  Speaker 8: We got the sale signal on COVID the day Covid
• 1:16:35
  Speaker 8: before Covid even started to really the market start spy
• 1:16:39
  Speaker 8: started to drop. We got the sales seam on the
• 1:16:40
  Speaker 8: downstreair a day before that. I wouldn't have saw that
• 1:16:43
  Speaker 8: if I was just trading myself without without that right,
• 1:16:46
  Speaker 8: I wouldn't. I wouldn't have said, damn, the market's about
• 1:16:48
  Speaker 8: to really come down. I wouldn't I would have known.
• 1:16:50
  Speaker 8: I would have just thought it was a little small pullback,
• 1:16:52
  Speaker 8: a little flip, you know. Same thing with the Tesla trade.
• 1:16:54
  Speaker 8: I would have been like, a, well, Tesla's always going up.
• 1:16:56
  Speaker 8: This is just gonna be another blip until it's downturn.
• 1:16:59
  Speaker 8: This past February something that that happened. But she Code
• 1:17:02
  Speaker 8: was screaming at me like mane.
• 1:17:04
  Speaker 7: Right, no, this is it, you know what I mean?
• 1:17:06
  Speaker 9: And so I like that it's a institutional tool for
• 1:17:09
  Speaker 9: leaset Tell investments.
• 1:17:10
  Speaker 11: Yeah right yeah, and the and the and the crazy
• 1:17:14
  Speaker 11: part is like the institutional like investors have tools like
• 1:17:18
  Speaker 11: Bloomberg terminals, things that cost like tens of thousands of dollars, right,
• 1:17:22
  Speaker 11: and news that you see on the news before it
• 1:17:24
  Speaker 11: gets to the news, these guys already know they.
• 1:17:26
  Speaker 7: Got it, you know what I'm saying.
• 1:17:27
  Speaker 11: So it's like she code also works in like conjunction
• 1:17:30
  Speaker 11: with like you know, detecting influx also in like you know,
• 1:17:34
  Speaker 11: just various things that calculations and things like that. So
• 1:17:37
  Speaker 11: if like these guys are moving their money, big money
• 1:17:39
  Speaker 11: is moving their money out of the market and you
• 1:17:41
  Speaker 11: don't know it, right, Like you're just waiting on the
• 1:17:43
  Speaker 11: news to be like, oh, COVID nineteen here we're shutting
• 1:17:46
  Speaker 11: down all businesses. Before that news article is set out
• 1:17:49
  Speaker 11: on the news, these guys have already made that transaction
• 1:17:52
  Speaker 11: and been able to protect all their all their capital.
• 1:17:55
  Speaker 7: So that's that's essentially listen, We're just trying to other information.
• 1:17:59
  Speaker 8: We also go saying with data, how important data is
• 1:18:01
  Speaker 8: into factoring into these trades because a lot of these
• 1:18:04
  Speaker 8: guys are purchasing our data.
• 1:18:06
  Speaker 7: You trade on robin.
• 1:18:07
  Speaker 8: Hood, you think Robinhood is free, and I'm not gonna
• 1:18:10
  Speaker 8: say robin specifically, but other platforms that have free commission
• 1:18:13
  Speaker 8: trading and stuff like that, it's not always free, right,
• 1:18:15
  Speaker 8: because it is, but you're painting in your data because
• 1:18:19
  Speaker 8: hedge funds and institutional guys are buying that data so
• 1:18:21
  Speaker 8: they know what it is that you're trading and where
• 1:18:23
  Speaker 8: you got your stop losses and things like that, and
• 1:18:25
  Speaker 8: that they can kind of use for their programs and
• 1:18:27
  Speaker 8: things like that to run. Right. And I'm not trying
• 1:18:29
  Speaker 8: to paint hedge funds is bad and you know, individuals
• 1:18:32
  Speaker 8: per se, but everybody's looking to win and they have
• 1:18:34
  Speaker 8: the resources to make sure that they win, so they're
• 1:18:36
  Speaker 8: personally they purchase data. They personally are using data. We
• 1:18:39
  Speaker 8: don't have anything, you know, and there are other tools
• 1:18:42
  Speaker 8: out there that you can use that would give us information.
• 1:18:44
  Speaker 8: That's why our goal is not just this but build
• 1:18:47
  Speaker 8: out a suite of tools that you know, let's say,
• 1:18:50
  Speaker 8: we need to know, you know, when when money is
• 1:18:52
  Speaker 8: going in and out of a particular stock, you know,
• 1:18:55
  Speaker 8: are getting that information. There's things that we can get
• 1:18:57
  Speaker 8: bilse types of places. So I'll go and that's kind
• 1:18:59
  Speaker 8: of what I messed earlier, our milestones before going pup,
• 1:19:02
  Speaker 8: we want to go. We're going to have these tools
• 1:19:03
  Speaker 8: built out first and foremost so that you know, you
• 1:19:05
  Speaker 8: can just go on your phone and see themn you know,
• 1:19:07
  Speaker 8: I see that, you know, ten million dollars that's flew
• 1:19:09
  Speaker 8: out of this particular trade you know, you know, on
• 1:19:13
  Speaker 8: whatever platform, and you'll be able to kind of take
• 1:19:15
  Speaker 8: that into your understanding before you set your trades. So again,
• 1:19:19
  Speaker 8: like I said, technicals, fundamentals, and then market knowledge knowing
• 1:19:22
  Speaker 8: what's going on in the market. You know what I mean,
• 1:19:24
  Speaker 8: It's not just technicals, a fundamentals. Market knowledge is a
• 1:19:27
  Speaker 8: component people don't really.
• 1:19:28
  Speaker 7: Talk enough about.
• 1:19:29
  Speaker 8: And then I think the last part about it is
• 1:19:31
  Speaker 8: this emotional intelligence and being able to manage your emotions
• 1:19:34
  Speaker 8: and trading and then you be a fully well round
• 1:19:36
  Speaker 8: the trade and fully well equipped to have success on
• 1:19:38
  Speaker 8: the market on a regular basis.
• 1:19:40
  Speaker 2: So you get that algorithm that tells you in the trade,
• 1:19:45
  Speaker 2: you get that boot camp.
• 1:19:46
  Speaker 5: Yeah, you get the boot camp, the eight weeks boot camp.
• 1:19:50
  Speaker 11: You also get the premium discord channels with the trade alerts,
• 1:19:53
  Speaker 11: the admins and the discord the community for a year.
• 1:19:56
  Speaker 11: And then you also get to participate in our tank
• 1:19:58
  Speaker 11: A Challenge, which is, you know, following along with the
• 1:20:01
  Speaker 11: trades that we make, taking a thousand dollars with ten
• 1:20:04
  Speaker 11: thousand dollars, you can mimic.
• 1:20:05
  Speaker 4: You can mimic that.
• 1:20:06
  Speaker 7: Yep, you can mimic that.
• 1:20:07
  Speaker 2: Then all of that, all of that five.
• 1:20:08
  Speaker 4: Hundred dollars off.
• 1:20:09
  Speaker 2: The only place that you can get the five hundred
• 1:20:11
  Speaker 2: dollars off is that website e y l CCC Moundle
• 1:20:14
  Speaker 2: dot com. We appreciate you guys for that. And once again,
• 1:20:16
  Speaker 2: if you are you guys bring up a good point.
• 1:20:18
  Speaker 2: I was watch something on sixty Minutes a while ago
• 1:20:20
  Speaker 2: and he was talking about how, you know, like institutions.
• 1:20:24
  Speaker 4: They showed like their trading room and their trading room
• 1:20:26
  Speaker 4: just computers.
• 1:20:27
  Speaker 2: They have these supercomputers even down to like a micro second, right,
• 1:20:31
  Speaker 2: It makes it like they can't you know. It's like, yeah,
• 1:20:33
  Speaker 2: if you want to be a day trader, if you
• 1:20:34
  Speaker 2: want to be a swing trader, if you want to
• 1:20:36
  Speaker 2: be a trader period, you have to use software. It's
• 1:20:38
  Speaker 2: impossible not to. So you have HPS right, right, because
• 1:20:44
  Speaker 2: that's the competition that you're up against. We're in the
• 1:20:47
  Speaker 2: age of technology. So for you guys to like I said,
• 1:20:49
  Speaker 2: start that company, fintech company and give the regular retail
• 1:20:52
  Speaker 2: investors an opportunity to look at not just you know,
• 1:20:56
  Speaker 2: figure out charts for themselves, but actually give them a
• 1:20:59
  Speaker 2: software to actually help them with the charge is extremely valuable.
• 1:21:02
  Speaker 2: So I definitely encourage every single person, Like I said,
• 1:21:04
  Speaker 2: Troy has actually used it. I'm not really a big
• 1:21:06
  Speaker 2: technical person, but I do look at charts.
• 1:21:12
  Speaker 7: Was like, what you think.
• 1:21:15
  Speaker 11: That's that's that's that's because as long as our community
• 1:21:19
  Speaker 11: somebody's got that, you know.
• 1:21:21
  Speaker 7: You know what's funny about that, though, is that that
• 1:21:23
  Speaker 7: is a powerful tool. It's a trading.
• 1:21:26
  Speaker 8: It's becoming more prevalent because we think about viral something.
• 1:21:29
  Speaker 8: I call it viral trading.
• 1:21:30
  Speaker 7: Right.
• 1:21:31
  Speaker 8: We've got people see somebody say oh, yeah, this is
• 1:21:34
  Speaker 8: the stock we're trading, right, it goes on Twitter, people
• 1:21:36
  Speaker 8: share it and it goes on Instagram, it goes on TikTok,
• 1:21:39
  Speaker 8: and everybody's it's basically what you think. I think, I
• 1:21:42
  Speaker 8: think those coins a good and all of a sudden,
• 1:21:44
  Speaker 8: everybody And that's another that's another form of data because if.
• 1:21:50
  Speaker 7: You look at it, we even have an e t F.
• 1:21:52
  Speaker 7: Now what's called measures. That's basically.
• 1:21:58
  Speaker 8: That's data that they take it to be able to
• 1:22:00
  Speaker 8: to informatively make their trades. And that's what they're now
• 1:22:03
  Speaker 8: manifested in the ETF for everybody participated.
• 1:22:05
  Speaker 7: But they've been doing it. So that's the data that
• 1:22:07
  Speaker 7: we want to topics. Like when we talk about our
• 1:22:09
  Speaker 7: group chat, that is I'll hit him back. I'm looking
• 1:22:13
  Speaker 7: at that's our discurture. Yeah.
• 1:22:16
  Speaker 2: Yeah, even in the hedge funnel or when you work
• 1:22:20
  Speaker 2: on Wall Street, everybody has different jobs and everybody doesn't
• 1:22:23
  Speaker 2: look at going out. Some people are fundamentals and people
• 1:22:27
  Speaker 2: saw some people just go out and make relationships with
• 1:22:30
  Speaker 2: different people to actually bring the money in.
• 1:22:31
  Speaker 4: They called rainmakers. So lobbyists exactly, I look at I
• 1:22:35
  Speaker 4: look at my role. It's the same way.
• 1:22:39
  Speaker 2: I'm not smart.
• 1:22:40
  Speaker 4: I'm in the street. I'm in the street. I'm in
• 1:22:43
  Speaker 4: the streets with choices in the office, I'm in the streets.
• 1:22:47
  Speaker 7: Yeah that's good. That's a good combination. We all talking
• 1:22:53
  Speaker 7: like that. Yeah, that's the fact. Yeah, you got to
• 1:22:57
  Speaker 7: have that, man, especially in partnerships. Man, you don't overlook
• 1:23:02
  Speaker 7: any of this, right.
• 1:23:03
  Speaker 6: We got two brothers working together, two brothers working together, right, Like, that's.
• 1:23:10
  Speaker 7: I got to tell you. It's so we always talk
• 1:23:12
  Speaker 7: about this in our community, you know. We we have
• 1:23:15
  Speaker 7: a habit, especially as black men, of wanting to like
• 1:23:17
  Speaker 7: everybody wants to be the bass. I want to go
• 1:23:19
  Speaker 7: out and do this. I want to go do this, mom,
• 1:23:20
  Speaker 7: I want to do this.
• 1:23:21
  Speaker 8: But at the end of the day, man, sometimes it's
• 1:23:23
  Speaker 8: really about just, you know, bringing what you have to
• 1:23:25
  Speaker 8: the table and building something bigger than yourself, you know, right,
• 1:23:28
  Speaker 8: And that's really what it's about. I've had multiple businesses
• 1:23:31
  Speaker 8: on my own, you know what I mean. It had
• 1:23:32
  Speaker 8: various levels of success in all of them. But really
• 1:23:35
  Speaker 8: until we partnered up and really, you know, he was
• 1:23:36
  Speaker 8: able to He does things that I'm not particularly good at,
• 1:23:40
  Speaker 8: or I don't particularly want to do it.
• 1:23:41
  Speaker 7: I do things that he's not particularly.
• 1:23:43
  Speaker 8: Good at or he doesn't want to do, and we're
• 1:23:44
  Speaker 8: able to build kind of like a full structure type
• 1:23:46
  Speaker 8: of type of business model.
• 1:23:47
  Speaker 7: And that same thing with you guys.
• 1:23:49
  Speaker 6: I mean that's the community, man, that's community. And same
• 1:23:52
  Speaker 6: thing you were like, Hey, I want to show this
• 1:23:54
  Speaker 6: to Trap. I want to show this to eat. I
• 1:23:55
  Speaker 6: that's a phone call. Let's get on the phone with him.
• 1:23:57
  Speaker 6: And so now you building it. And when we spoke up,
• 1:24:00
  Speaker 6: she was like, I'm like, this is the episode was incredible.
• 1:24:03
  Speaker 6: She was like yeah to Francis, like, Oh, this is community.
• 1:24:07
  Speaker 7: This is right here in front of us.
• 1:24:09
  Speaker 11: You know what's crazy back in the homeland. This is
• 1:24:12
  Speaker 11: how we operate like tribes. Everything, Like we eat from
• 1:24:15
  Speaker 11: the same bowl, we go hunting food together. Like you
• 1:24:18
  Speaker 11: know what I'm saying, Like, if you don't do the work,
• 1:24:20
  Speaker 11: you're not eating. Like that's literally the model, you know
• 1:24:22
  Speaker 11: what I'm saying. Like ever since I was a kid,
• 1:24:24
  Speaker 11: just because my brother is seven years older than me,
• 1:24:26
  Speaker 11: so I always hung out with like you know, that's
• 1:24:28
  Speaker 11: why like I matured early essentially. But it's just the
• 1:24:31
  Speaker 11: idea of like you know, going far, we get things
• 1:24:34
  Speaker 11: done together faster. You know what I'm saying, Like, if
• 1:24:37
  Speaker 11: we're trying to prepare meal, okay, you get the ingredients.
• 1:24:40
  Speaker 11: You get, salt, you get you know, cayenne pepper, you
• 1:24:43
  Speaker 11: get you know what I'm saying, You got the chicken.
• 1:24:45
  Speaker 7: You you know, world the waters bring the salt. Except
• 1:24:48
  Speaker 7: just look at Street Fighter. You know you got ken
• 1:24:50
  Speaker 7: you double dragon, all the best that all the best.
• 1:25:00
  Speaker 4: In front the ball while you're doing need a fault.
• 1:25:02
  Speaker 7: That's a fact, that's in fact.
• 1:25:05
  Speaker 2: Shout out now, we appreciate you, brothers man. So what
• 1:25:10
  Speaker 2: would you like to leave the people with? What's what's
• 1:25:12
  Speaker 2: some final words you would like to tell people? How
• 1:25:14
  Speaker 2: can they follow you on social media?
• 1:25:15
  Speaker 5: All?
• 1:25:16
  Speaker 8: Yeah, for sure, So you can follow us that cheat
• 1:25:18
  Speaker 8: c h A A T dot il go on Instagram
• 1:25:22
  Speaker 8: a L g oh you can follow. My Instagram is
• 1:25:25
  Speaker 8: quad Trades quaid k w A y dot Trades.
• 1:25:28
  Speaker 7: Yeah.
• 1:25:28
  Speaker 5: And then my Instagram is the real Jhu you know,
• 1:25:32
  Speaker 5: the real j e h U. Yeah.
• 1:25:35
  Speaker 8: And I think that the final words I particularly want
• 1:25:37
  Speaker 8: to say is just I just want to encourage everybody
• 1:25:39
  Speaker 8: out there, particularly those in our community, to always think bigger.
• 1:25:42
  Speaker 8: And I'm not gonna say dream bigger, right because you know,
• 1:25:45
  Speaker 8: like you're talking about earlier, dream to dream, you gotta
• 1:25:47
  Speaker 8: be sleep right, but you know, I think bigger, Right,
• 1:25:51
  Speaker 8: whatever it is that you got, you can always make
• 1:25:53
  Speaker 8: it significantly bigger. You're never gonna get bigger unless you
• 1:25:56
  Speaker 8: think bigger first and to take the actions necessary to
• 1:25:59
  Speaker 8: make it to that.
• 1:26:00
  Speaker 9: Uh.
• 1:26:00
  Speaker 7: And so that's that's one thing I just kind of
• 1:26:02
  Speaker 7: want to leave everybody with.
• 1:26:02
  Speaker 8: And then when it comes to trading, you know, for
• 1:26:05
  Speaker 8: my traders out there, all my people who are in
• 1:26:07
  Speaker 8: the markets, who are in the investment world, make sure
• 1:26:10
  Speaker 8: you were using all them, any resources and all resources.
• 1:26:13
  Speaker 7: That's that's within your grasp. You know.
• 1:26:15
  Speaker 8: If you're not, if you're really not if you're not
• 1:26:18
  Speaker 8: putting forth the effort of reaching out to education or
• 1:26:22
  Speaker 8: tools or whatever it is you can use to your advantage,
• 1:26:25
  Speaker 8: then you're really not trying.
• 1:26:26
  Speaker 7: And if you're not.
• 1:26:27
  Speaker 8: Trying, you're not gonna find success in the marketplace. And
• 1:26:30
  Speaker 8: this is one of the most important things. And I
• 1:26:31
  Speaker 8: think the last thing I know is long, but the
• 1:26:33
  Speaker 8: last thing I want to leave with is invest in
• 1:26:35
  Speaker 8: your kids. You know what I'm saying, Teach your kids.
• 1:26:36
  Speaker 8: Whatever you're learning now, you can teach your children and
• 1:26:39
  Speaker 8: your if your child can understand it, I promise you,
• 1:26:42
  Speaker 8: you know what I'm saying, I promise.
• 1:26:45
  Speaker 7: You I can understand it. You don't have to you
• 1:26:46
  Speaker 7: don't have to go deep into you know, uh, you
• 1:26:49
  Speaker 7: know whatever technical dous is made, things like that, But
• 1:26:51
  Speaker 7: you can.
• 1:26:51
  Speaker 8: Teach some fundamental principles. You can teach something. You know,
• 1:26:54
  Speaker 8: right now, my son just started his first candle business.
• 1:26:57
  Speaker 8: You know, he's eight years old. He started a little
• 1:26:59
  Speaker 8: candle business. He also trades, you know, as a little
• 1:27:02
  Speaker 8: little trading. The count he does when he's you know,
• 1:27:05
  Speaker 8: she's all from school and things like that. But those
• 1:27:08
  Speaker 8: things it was very simple for me to teach him.
• 1:27:10
  Speaker 8: It didn't take a lot. And he's not I'm he's not.
• 1:27:13
  Speaker 7: He's a great kid.
• 1:27:13
  Speaker 8: But I'm not saying he's smarter than anybody else's kid
• 1:27:15
  Speaker 8: and none that type of stuff. These are very simple
• 1:27:17
  Speaker 8: things that you could teach your children. And I promise,
• 1:27:19
  Speaker 8: like with the knowledge you have today, the things I
• 1:27:22
  Speaker 8: learned at thirteen, it's the same thing we're sitting here
• 1:27:24
  Speaker 8: talking about now at thirty.
• 1:27:25
  Speaker 7: You know what I'm saying, And I'm been taken with me.
• 1:27:27
  Speaker 8: Tell him sixty seventy eighty years old, so I got
• 1:27:29
  Speaker 8: Alzheimer's right, God forbid, you know, what I mean.
• 1:27:33
  Speaker 11: That's yeah, man, Like just to emphasize on the things
• 1:27:36
  Speaker 11: he says, like, I'm super big into legacy.
• 1:27:40
  Speaker 7: I grew up in the homeland.
• 1:27:41
  Speaker 11: I've seen I just want, like our community just to
• 1:27:45
  Speaker 11: be able to, like you know, come together like no
• 1:27:49
  Speaker 11: matter the walk of life, right, because we all have
• 1:27:51
  Speaker 11: everybody comes from a different lens right in this life
• 1:27:54
  Speaker 11: than right, we all have different experiences, we all have
• 1:27:56
  Speaker 11: different like you know, just motivations and things like that.
• 1:27:59
  Speaker 11: But just we have to be able to kill ego
• 1:28:03
  Speaker 11: in our community to be able to move forward. I
• 1:28:05
  Speaker 11: think that's one of the biggest things holding us back.
• 1:28:07
  Speaker 11: And when it comes to like the invest in space,
• 1:28:10
  Speaker 11: do not be afraid to invest in your education, right
• 1:28:13
  Speaker 11: like you know, of course, go to YouTube, do all that.
• 1:28:16
  Speaker 11: Like you know what I'm saying, that's you have to
• 1:28:17
  Speaker 11: be dedicated, right, like this investing thing. The number one
• 1:28:20
  Speaker 11: thing is you have to be able to want to
• 1:28:24
  Speaker 11: have a better life for yourself, right, Like if you're
• 1:28:26
  Speaker 11: not motivated individually as somebody that wants to be in
• 1:28:30
  Speaker 11: a better position for not just you, your family and
• 1:28:33
  Speaker 11: things like that.
• 1:28:34
  Speaker 7: Because that's one thing.
• 1:28:35
  Speaker 11: That we've realized, like and that's a sacrifice that we've made,
• 1:28:38
  Speaker 11: like as far as time, Like he's telling you his
• 1:28:39
  Speaker 11: kid was, his child was being born, and we're out
• 1:28:41
  Speaker 11: here trying.
• 1:28:42
  Speaker 7: To get on calls in the house, in the house,
• 1:28:45
  Speaker 7: you know what I'm saying.
• 1:28:45
  Speaker 11: So it's different, Like you just have to be able
• 1:28:49
  Speaker 11: to just you just have to be able to just
• 1:28:52
  Speaker 11: want better for yourself and just just capitalize on that,
• 1:28:55
  Speaker 11: you know what I'm saying, Reach and seek out this
• 1:28:57
  Speaker 11: information at the highest level because we're living in the
• 1:29:00
  Speaker 11: age of information.
• 1:29:01
  Speaker 7: There's no reason, no reason, man, there was not this
• 1:29:05
  Speaker 7: type of information out there.
• 1:29:06
  Speaker 8: Yeah, and you and when we're willing, if you look
• 1:29:08
  Speaker 8: at when you going to college, you know, I was,
• 1:29:11
  Speaker 8: I was taking classes and things like that. Each one
• 1:29:12
  Speaker 8: of my class was like three grand for a biology
• 1:29:15
  Speaker 8: class that I never saw. I never did anything with
• 1:29:17
  Speaker 8: biology in my life outside of make children.
• 1:29:20
  Speaker 7: You know what I'm saying. It's not something that's not
• 1:29:23
  Speaker 7: something that I used.
• 1:29:24
  Speaker 8: Right, So I've spent three thousand dollars on that I
• 1:29:27
  Speaker 8: have that to this day for classes that I never
• 1:29:30
  Speaker 8: did anything with. If I'm willing to go three thousand
• 1:29:33
  Speaker 8: dollars in the debt for a class that I've never
• 1:29:35
  Speaker 8: used before.
• 1:29:36
  Speaker 7: Then why would you know, why would not four hundred dollars,
• 1:29:38
  Speaker 7: two hundred dollars.
• 1:29:39
  Speaker 8: There's fifty dollars programs out there, there's two thousand dollars
• 1:29:41
  Speaker 8: programs out there.
• 1:29:42
  Speaker 7: You're gonna get what you put in right.
• 1:29:44
  Speaker 8: This is information that you can literally, I mean, everybody,
• 1:29:48
  Speaker 8: I think that that's been in the market understands. Most
• 1:29:50
  Speaker 8: people that's been in the market understands this is something
• 1:29:52
  Speaker 8: that can change your life for good.
• 1:29:54
  Speaker 7: I've done it.
• 1:29:55
  Speaker 8: I haven't worked in nine to five jobs since twenty eleven,
• 1:29:57
  Speaker 8: you know what I'm saying. And I was pressed on
• 1:29:59
  Speaker 8: my and he was personally he be able to quit
• 1:30:02
  Speaker 8: his not heit a good nine to five job, you know,
• 1:30:04
  Speaker 8: be pushing on six figures, and he was able to,
• 1:30:06
  Speaker 8: you know, to quit that just from the information that
• 1:30:09
  Speaker 8: you know, I gave to him. He ran with and
• 1:30:12
  Speaker 8: he's been able to, you know, to do what he's
• 1:30:14
  Speaker 8: been able to do with. So I think it's just
• 1:30:16
  Speaker 8: the most important thing is just understanding wherever you get
• 1:30:18
  Speaker 8: it from. It doesn't have to be through us, through
• 1:30:21
  Speaker 8: anybody you see around or whatever it is.
• 1:30:23
  Speaker 7: Anywhere.
• 1:30:24
  Speaker 8: Get the information first and foremost, you know what I'm saying,
• 1:30:26
  Speaker 8: and then once you have the information, then you be
• 1:30:28
  Speaker 8: able to apply the information, and then don't be afraid
• 1:30:30
  Speaker 8: to put a little bit of capital up in the
• 1:30:32
  Speaker 8: markets for yourself to try to to to apply that
• 1:30:36
  Speaker 8: that what you're learning, you know, because it's it's only
• 1:30:38
  Speaker 8: it's only gonna benefit you in the long run.
• 1:30:40
  Speaker 2: So I appreciate you guys, man, Sure Troy, how keeping.
• 1:30:43
  Speaker 9: That information on us, application on you. That's the rules
• 1:30:46
  Speaker 9: and shout everybody.
• 1:30:49
  Speaker 7: Program.
• 1:30:50
  Speaker 6: Obviously we got that from our good brother and if
• 1:30:52
  Speaker 6: you got some rest in peace to him, all right,
• 1:30:55
  Speaker 6: the anniversary of his depth.
• 1:30:56
  Speaker 9: So we're gonna treat the marathon runner of course.
• 1:30:59
  Speaker 7: Uh So shout there. You gonna picture dot com again,
• 1:31:01
  Speaker 7: the top tier tier five.
• 1:31:03
  Speaker 6: You have access to E y L University, the number
• 1:31:05
  Speaker 6: one place for everything in the world of entrepreneurism. Uh
• 1:31:09
  Speaker 6: business and finance man, and shout order earners that have
• 1:31:12
  Speaker 6: been part of that shot, everybody in our Facebook group,
• 1:31:15
  Speaker 6: everybody that's been attending our classes and applying this information.
• 1:31:17
  Speaker 9: It's a lot of information. So there's so much that
• 1:31:20
  Speaker 9: you can apply in the real world.
• 1:31:22
  Speaker 7: Man. So these guys are doing it and you're doing
• 1:31:24
  Speaker 7: it too.
• 1:31:25
  Speaker 9: So kudos to you and shout everybody supporting our.
• 1:31:27
  Speaker 6: Merg on uh or a leisure and h yeah already
• 1:31:31
  Speaker 6: told already, so yeah, we greatly appreciate that.
• 1:31:37
  Speaker 9: Thank you absolutely, that's it.
• 1:31:39
  Speaker 4: Thank you guys, rock what us. Will see you next week. Peace.
• 1:31:45
  Speaker 3: My graduates from my school being forced back drop drop
• 1:31:51
  Speaker 3: Mike drop.
• 1:32:04
  Speaker 7: Behind every VP Phillip. Thousands of people across America go
• 1:32:08
  Speaker 7: to work every day.
• 1:32:09
  Speaker 6: People producing energy off shore, people turning it into products
• 1:32:13
  Speaker 6: at our refineries, people doing R and D to make
• 1:32:16
  Speaker 6: products that are better for your engine, people trading and
• 1:32:19
  Speaker 6: shipping fuels to their destinations.
• 1:32:21
  Speaker 7: And the people who help you at one of VP's
• 1:32:23
  Speaker 7: growing family of retail stations.
• 1:32:25
  Speaker 6: They're part of almost three hundred thousand jobs VP supports
• 1:32:29
  Speaker 6: across the country.
• 1:32:30
  Speaker 1: Learn more at VP dot com slash Investing in America