Latest / Inside The Vault with Ash Cash / ITV #243: He Paid Off College With Trading... Then Escaped the 9-to-5 | Inside The Vault
Transcript
- 0:00[SPEAKER_01]: literally trading paid for all of my student loans.
- 0:03[SPEAKER_00]: By the time I was done with school, all of it was paid off.
- 0:06[SPEAKER_00]: So with it, so you graduated college with no student loans whatsoever beggin' after it.
- 0:14[SPEAKER_00]: That's how my game leads to me.
- 0:15[SPEAKER_01]: It's not a get rich quick scheme.
- 0:17[SPEAKER_01]: It's gonna take consistency effort discipline.
- 0:20[SPEAKER_01]: My senior year of college, I was making anywhere between like 20 to 30 K a month.
- 0:26[SPEAKER_00]: So while you're in school, you're training, you're making it six-migas.
- 0:29[SPEAKER_00]: Oh, there's no brainer.
- 0:30[SPEAKER_01]: The way you live your life is going to translate over to trading.
- 0:33[SPEAKER_01]: You have to have the right relationship with money.
- 0:35[SPEAKER_01]: You have to have just discipline within your daily life.
- 0:37[SPEAKER_01]: For me, my biggest day was 64,000.
- 0:39[SPEAKER_01]: It's like a one-day.
- 0:40[SPEAKER_00]: Yeah.
- 0:41[SPEAKER_00]: You made 64,000.
- 0:42[SPEAKER_00]: Yeah.
- 0:43[SPEAKER_00]: The average family in America black, white, Asian, Hispanic.
- 0:49[SPEAKER_00]: The average family of four,
- 0:51[SPEAKER_00]: makes $40,000 a year.
- 0:53[SPEAKER_01]: When I went to school, I always thought, like, okay, I want to have this big corporate job, you know, have a nice car, have a nice house.
- 1:01[SPEAKER_01]: When I kind of realized the power that investing or just trading has in general when they can actually change my life, you know, I started to think a little bit different.
- 1:10[SPEAKER_01]: They've got like, okay, if I'm doing well in trading, do I really need a job?
- 1:14[SPEAKER_00]: There's a new pandemic happening right now.
- 1:16[SPEAKER_00]: Talk to the...
- 1:18[SPEAKER_00]: 55-year-old, 56-year-old, talk to that person for a second and what are some of the things that you would tell them as to why they should be training?
- 1:29[SPEAKER_00]: That was a good question.
- 1:31[SPEAKER_00]: That was him.
- 1:37[SPEAKER_00]: I know you want to watch this next video, but listen, if you are an entrepreneur, business coach, business consultant, or a small business owner who has a story and wants to learn how to create multiple strings of income from your story, I need you to text me right now, my book.
- 1:53[SPEAKER_00]: to six, four, six, six, eight, seven, four, one, five, two.
- 1:57[SPEAKER_00]: That is my personal number.
- 1:58[SPEAKER_00]: I have been an author for over 12 years, I've written 10 books, four of them have been best sellers, and I've sold over 100,000 books, but I've also helped a lot of my clients, take their expertise and put it into a story, then create multiple streams of income from that.
- 2:14[SPEAKER_00]: So I wanna help you do the same thing, so text my book to six, four, six, six, eight, seven, four, one, five, two.
- 2:20[SPEAKER_00]: I, let's go back to the video.
- 2:39[SPEAKER_00]: So welcome to another awesome episode of Inside The Vault with Ash Cash, the greatest money mindset show on the planet.
- 2:46[SPEAKER_00]: Listen, most people lose money in the markets, not because they're broke, but because they're emotional, undisciplined, and gambling instead of executing.
- 2:56[SPEAKER_00]: Today's guest built a system that flips that script.
- 3:00[SPEAKER_00]: Sayah Abram did approach to stock market.
- 3:02[SPEAKER_00]: Like a lottery ticket, he approached it like a skill, a weapon, a structured income tool, and through risk management, discipline, and strategy, he's helped hundreds of people turned confusion into clarity and pressure into precision.
- 3:18[SPEAKER_00]: But here's the real question, is trading actually freedom?
- 3:23[SPEAKER_00]: Or is it just another trap for people who don't understand the game?
- 3:28[SPEAKER_00]: In this episode we're breaking down the mindset, the system, and a discipline by consistent.
- 3:36[SPEAKER_00]: keyword job, consistent income in the market.
- 3:40[SPEAKER_00]: And if you've ever thought about training as a silso or as an escape plan, you might realize you've been looking at it all wrong, do not.
- 3:51[SPEAKER_00]: I repeat, do not skip this one, because the difference between gambling and generational leverage is thinner than you think.
- 4:00[SPEAKER_00]: Ladies and gentlemen, Sya Abraham, what's up, brother?
- 4:03[SPEAKER_00]: Good, good, how are you?
- 4:04[SPEAKER_00]: I'm doing well, I'm excited about this interview.
- 4:08[SPEAKER_00]: for so many different reasons, right?
- 4:10[SPEAKER_00]: I think number one, I mean, I've been in the financial education space for a very long time.
- 4:18[SPEAKER_00]: And I've always known, right?
- 4:20[SPEAKER_00]: Like ownership is the only way you can get rich, but even beyond getting rich, creating financial freedom, you have to be in two games.
- 4:33[SPEAKER_00]: You have to be in real estate, you have to play the markets, right?
- 4:37[SPEAKER_00]: Specifically, our community, a lot of us don't even really look at the markets.
- 4:43[SPEAKER_00]: Like we look at that, we look at it in a different light.
- 4:47[SPEAKER_00]: But speaking with you, you have a fascinating story on how you were able to get into the markets and with the phenomenal things that you've been able to do.
- 4:57[SPEAKER_00]: But I like this one because you're like taking a practical approach to training, right?
- 5:04[SPEAKER_00]: Like not like, you know, and I'll be honest, a lot of the people that I bring on are like, yo, I made a million dollars here, I mean, a million dollars there, even behind the scenes, like, you know, I know if you've made a lot of money, you know, doing what you're doing.
- 5:19[SPEAKER_00]: But even behind us, and she was like, now I don't really wanna talk about that.
- 5:21[SPEAKER_00]: Like I really wanna focus on the practical things because a lot of people get lost right in what they could be doing to live a better quality life because they're so focused on seeing what Instagram, like they wanna live the Instagram life, they want the Rose Royce, they want the things.
- 5:43[SPEAKER_00]: But there's a practical way that they could go about trading.
- 5:48[SPEAKER_00]: It's not gambling, it's strategic, so I'm excited to have that conversation.
- 5:52[SPEAKER_00]: But before we even start, for those who don't know who is Sire Abram?
- 5:57[SPEAKER_01]: Yeah, so I'm 27 years old, originally from Iowa.
- 6:00[SPEAKER_01]: I don't, Iowa, yeah, Iowa.
- 6:02[SPEAKER_01]: Exactly, Iowa.
- 6:03[SPEAKER_01]: Just a few.
- 6:04[SPEAKER_01]: Just a few.
- 6:04[SPEAKER_01]: Yep.
- 6:05[SPEAKER_01]: But yeah, super small town, group middle class, nothing crazy.
- 6:13[SPEAKER_01]: So I always knew I was going to be successful within any, within some endeavor, but I didn't know what it was going to be.
- 6:20[SPEAKER_01]: So for me, when I was introduced to trading, like, I just saw the power in it.
- 6:25[SPEAKER_01]: Like I saw that, okay, I can start to live a little bit better of a life, just day by day, and then from there, I just don't straight into trading.
- 6:34[SPEAKER_00]: Yeah.
- 6:34[SPEAKER_00]: Yeah.
- 6:34[SPEAKER_00]: So so take us back real quick, right?
- 6:36[SPEAKER_00]: Because you said, you know, middle class,
- 6:42[SPEAKER_00]: Um, what, what, what, what does your dad do?
- 6:45[SPEAKER_00]: What does your mom do?
- 6:46[SPEAKER_01]: Yeah, so my dad, he's an aerospace engineering.
- 6:48[SPEAKER_01]: Okay, sorry.
- 6:49[SPEAKER_01]: He's an aerospace engineer.
- 6:51[SPEAKER_01]: Then my mother, she's a pastor.
- 6:52[SPEAKER_01]: Okay.
- 6:52[SPEAKER_00]: All right, so you, so you, she got the, the solid foundation.
- 6:56[SPEAKER_00]: Mm-hmm.
- 6:56[SPEAKER_00]: Um, you know, even without a solid foundation, I know we're taught, you know, go to school.
- 7:04[SPEAKER_00]: Yeah, get a good job, right, and then live happily after you at the school.
- 7:08[SPEAKER_00]: Yep.
- 7:08[SPEAKER_00]: Right.
- 7:09[SPEAKER_00]: And what would you go to school for?
- 7:10[SPEAKER_00]: Yeah.
- 7:10[SPEAKER_00]: So I went to the University of Iowa, studying finance.
- 7:13[SPEAKER_00]: Okay.
- 7:14[SPEAKER_00]: All right.
- 7:14[SPEAKER_00]: And so the goal was, all right.
- 7:16[SPEAKER_00]: I'm going to get a finance degree and you have a finance degree.
- 7:19[SPEAKER_00]: Yeah.
- 7:20[SPEAKER_00]: And then I was going to like, well, what was the trajectory after that?
- 7:23[SPEAKER_01]: Yeah, so for me, when I went to school, I always thought like, okay, I want to have this big corporate job, you know, have a nice car, have a nice house and whatnot.
- 7:34[SPEAKER_01]: And when I kind of realized the power that investing or just trading has in general and it can actually change my life,
- 7:42[SPEAKER_01]: You know, I started to think a little bit differently, I'm like, okay, if I'm doing well in trading, do I really need a job?
- 7:47[SPEAKER_01]: Because I was in finance.
- 7:49[SPEAKER_01]: So the place where I was going to work, they said, okay, if you work here, you cannot trade stocks because it's a conflict of interest.
- 7:55[SPEAKER_00]: And so you were trading stocks before you even left of school, okay, got it, got it, got it, got it, okay.
- 8:00[SPEAKER_00]: And so, and so you were going to get a job at a major financial firm?
- 8:04[SPEAKER_00]: Yeah.
- 8:05[SPEAKER_00]: Um, they were gonna pay you well.
- 8:06[SPEAKER_00]: Yeah, five six figures.
- 8:07[SPEAKER_00]: Yeah, six figures.
- 8:08[SPEAKER_00]: All right.
- 8:08[SPEAKER_00]: So you go get a six figure job.
- 8:11[SPEAKER_00]: And but you started, well, you make it six figures yet in training.
- 8:15[SPEAKER_01]: Yeah.
- 8:15[SPEAKER_00]: Yeah.
- 8:15[SPEAKER_00]: All right.
- 8:16[SPEAKER_00]: So so so so while you're in school, you're training your make it six figures.
- 8:20[SPEAKER_01]: Yeah.
- 8:21[SPEAKER_01]: And so I said no, Brandon.
- 8:23[SPEAKER_01]: So, right, exactly.
- 8:24[SPEAKER_01]: So like my senior year of college, I was making anywhere between like 20 to 30 K a month.
- 8:29[SPEAKER_01]: Like laughing system.
- 8:30[SPEAKER_01]: Yeah.
- 8:31[SPEAKER_01]: So that opened my eyes to think, like, okay, I'm already making more than I would at this job.
- 8:36[SPEAKER_01]: And there's a lot more restrictions in terms of freedom, time and just so much.
- 8:41[SPEAKER_01]: And you know, I asked my parents, I said, okay, I'm about to graduate.
- 8:45[SPEAKER_01]: Do you think I should stick with this job or, you know, shy just continue doing what I'm doing with trading.
- 8:51[SPEAKER_01]: Their answer honestly surprised me they told me they're like look the job is always going to be here Oh, you have a college education like just take a bed on yourself.
- 8:58[SPEAKER_01]: Yeah.
- 8:59[SPEAKER_01]: Yeah, cuz we've worked our whole lives in like We see nothing really changes.
- 9:03[SPEAKER_01]: Yeah, sorry.
- 9:04[SPEAKER_00]: You're my brain and excuse me, but my brain as you're talking Because like I got 80 HD so as you were talking my brain was just like yo Can you imagine what you could do in the college space?
- 9:17[SPEAKER_00]: Yeah helping young people
- 9:22[SPEAKER_00]: You know, make money while they're in college.
- 9:25[SPEAKER_00]: So that, cause, and this is why my mind went there, right?
- 9:28[SPEAKER_00]: Because most kids in college, right?
- 9:32[SPEAKER_00]: Well, what's up happening is, they wound up sacrificing their ramen noodles or less stuff or whatever, but they wound up going for a position that they don't even necessarily like, yeah, just because
- 9:49[SPEAKER_00]: That's gambling, actually.
- 9:51[SPEAKER_00]: They're gambling on the job market.
- 9:54[SPEAKER_00]: They're gambling in this saying, you know what?
- 9:56[SPEAKER_00]: Let me see if I can make money and this thing because that's where I think things are going, not knowing if that's where it's going.
- 10:03[SPEAKER_00]: While you were in college, you know, making 20 to 30,000 a month trading, how are you balancing that?
- 10:11[SPEAKER_00]: How are you doing school and still trading?
- 10:14[SPEAKER_01]: Yeah, so I'm a very strategic person.
- 10:17[SPEAKER_01]: So for me, I realized I was like, OK, the market opens 830 a.m. central and I like to trade within the first couple of hours.
- 10:24[SPEAKER_01]: So I literally pushed all of my classes to the afternoon.
- 10:27[SPEAKER_01]: So I had time to trade in, you know, as I was making money to be honest with you.
- 10:32[SPEAKER_01]: It was a little bit hard, just mentally, just grasping me because I don't come from a lot of money.
- 10:38[SPEAKER_01]: Yeah.
- 10:38[SPEAKER_01]: So, you know, seeing 20, 30 every single month, like, I'm like, oh my gosh, I don't even know what to do.
- 10:43[SPEAKER_01]: Well, so, you know, this is everyone when they first get into my, you know, you do some dumb stuff, take some trips, you shouldn't buy some stuff, you shouldn't, but from there, just really was a learning experience.
- 10:54[SPEAKER_00]: And so now you're learning, so that's a no-brainer, right?
- 10:58[SPEAKER_00]: You graduate college, and then now you're going all in.
- 11:03[SPEAKER_00]: Yeah, true.
- 11:04[SPEAKER_00]: And so around what time is this?
- 11:07[SPEAKER_00]: This was 2022.
- 11:09[SPEAKER_00]: Okay.
- 11:09[SPEAKER_00]: And so did you start, when did you start trading?
- 11:14[SPEAKER_01]: So I started trading in 2019.
- 11:17[SPEAKER_00]: So you caught COVID then, right?
- 11:19[SPEAKER_00]: So yeah, yeah, like right within that COVID era, yep, okay.
- 11:22[SPEAKER_00]: And then what was the, what was this version?
- 11:25[SPEAKER_00]: Like what made you like jump into trading?
- 11:28[SPEAKER_01]: Like, you know, this is going to sound great.
- 11:29[SPEAKER_01]: So do you like shoes?
- 11:30[SPEAKER_01]: Of course, yeah.
- 11:31[SPEAKER_01]: So this guy on the bus, he had like these Travis Scott ones.
- 11:35[SPEAKER_01]: Yeah.
- 11:35[SPEAKER_01]: And we're in college.
- 11:36[SPEAKER_01]: I'm like, dang bro, how did you get those shoes?
- 11:38[SPEAKER_01]: Because they were like $1,000 at the time.
- 11:40[SPEAKER_01]: And he was like, oh, I trade.
- 11:42[SPEAKER_01]: Okay, what does that mean?
- 11:43[SPEAKER_01]: He's like, you know a Robin Hood is and I was like no, I don't have no idea Yeah, so he showed me what Robin Hood was and then from there I was like just obsessed I know it was like okay, if this guy could do this.
- 11:54[SPEAKER_01]: I know I can do it because we have the same classes Yep, he's not smarter than me.
- 11:57[SPEAKER_01]: Like if you could do it.
- 11:58[SPEAKER_01]: I could do it.
- 11:59[SPEAKER_01]: Yeah, and then from there once COVID here I went back home and I had nothing but time on my hands.
- 12:03[SPEAKER_01]: Yeah a lot of my friends They were like having fun like out, you know doing kid stuff and I really thought about it and I was okay
- 12:11[SPEAKER_01]: If I want to come out of COVID a completely different person in a completely different situation like this time I have to really lock in and grind and like all throughout COVID.
- 12:20[SPEAKER_01]: That's all I did each and every single day.
- 12:23[SPEAKER_00]: Wow wow So man, so that the the the the chance encounter Yeah of somebody with Travis got ones
- 12:32[SPEAKER_00]: change the trajectory of your life and not just your life, but other people's lives as well, because what you have learned, you're now teaching others, right?
- 12:44[SPEAKER_00]: So give me a quick crash course, right?
- 12:45[SPEAKER_00]: So, I'm a 17-year-old, 18-year-old, 19-year-old, or I'm a 55-year-old, right?
- 12:56[SPEAKER_00]: It all matter the A's, because I think anybody can actually trade,
- 13:02[SPEAKER_00]: Give me the crash course, what's the first thing somebody needs to know about trading and then what what does that even mean?
- 13:11[SPEAKER_00]: Like I'm just talking about somebody who's like, you know, obviously, I know what it means.
- 13:15[SPEAKER_00]: But somebody who's green, who never traded a stock, they never traded a coke for a Pepsi.
- 13:21[SPEAKER_00]: They don't know.
- 13:28[SPEAKER_01]: Yeah, so first, we've got to start off with the stock market.
- 13:31[SPEAKER_01]: Yeah.
- 13:31[SPEAKER_01]: The stock market is a market full of companies where, you know, everyday people like you and I can invest in.
- 13:38[SPEAKER_01]: So let's take Tesla, for example, let's say Tesla's at $500 a share.
- 13:44[SPEAKER_01]: Now, if we wanted to, let's say, make some money on Tesla and we want to buy shares, it's going to cost us a lot of money.
- 13:51[SPEAKER_01]: $500 every single share.
- 13:53[SPEAKER_01]: But with options, we get the leverage and we get the opportunity to invest with a lower amount of capital.
- 13:59[SPEAKER_01]: And with that, we can capitalize on the upside of the downside.
- 14:02[SPEAKER_01]: So I'll go a little bit deeper.
- 14:04[SPEAKER_01]: Yep.
- 14:05[SPEAKER_01]: So with options, there's two ways you can trade.
- 14:07[SPEAKER_01]: There's a call, and there's a put.
- 14:09[SPEAKER_01]: So let's just say, here's my phone, for example, a call option is you bedding that the price is going to go up, and it has a goes up, your capital appreciate.
- 14:17[SPEAKER_01]: So just think of call, pick up the phone.
- 14:19[SPEAKER_01]: So I was calling me a pick it up, and then a put option is where you can capitalize on the downside.
- 14:25[SPEAKER_01]: Okay.
- 14:29[SPEAKER_01]: But with options we can capitalize on that downside by buying put options.
- 14:34[SPEAKER_01]: Okay, so put down the phone.
- 14:36[SPEAKER_01]: That's a put option.
- 14:37[SPEAKER_00]: Yeah That's not my game.
- 14:39[SPEAKER_00]: Let's do me back at a day For for my almost sealo guys out there is like We were rolled dice and it'd be like it'd be like the the the the two people who roll against each other I'm many people who are rolling against each other
- 14:56[SPEAKER_00]: It'd be, it'd be also on the side and I'd be like yo, Beth five, he on four, better.
- 15:01[SPEAKER_00]: Beth six, he ace out.
- 15:03[SPEAKER_00]: So I'm betting again, and I'm just gonna try to understand it, right?
- 15:07[SPEAKER_00]: I'm betting against the person rolling.
- 15:09[SPEAKER_00]: So let's say the person rolls and they get a one, I can make money off of them losing.
- 15:15[SPEAKER_00]: And if the person, if I bet it, you know, that they did, a five, a better, whatever, I could get money off of that.
- 15:21[SPEAKER_00]: So with just you, it was your pretty much saying is,
- 15:25[SPEAKER_00]: Do you actually own the stock or are you like like how am I making money on the stock like if somebody like if there's a you know I say Tesla like you're using like Tesla's that 500 if I have a core option I'm saying that I bet that Tesla's going to go up to 600
- 15:47[SPEAKER_00]: If it goes up to 600, then I make what the difference.
- 15:50[SPEAKER_01]: So there's leverage and there's a lot of calculations that goes in between it.
- 15:55[SPEAKER_01]: But essentially as price moves in that direction for you when you bought it, then you make money.
- 16:00[SPEAKER_01]: But I'm glad you mentioned the gambling because that's the big misconception when it comes to trading.
- 16:04[SPEAKER_01]: So I'll break that down as well.
- 16:05[SPEAKER_01]: Yeah.
- 16:06[SPEAKER_01]: So let's just say,
- 16:09[SPEAKER_01]: you trade with a thousand dollars, right?
- 16:11[SPEAKER_01]: Actually, let's take it back to sports betting.
- 16:13[SPEAKER_01]: Have you ever done a sports betting?
- 16:15[SPEAKER_01]: Okay, that's good.
- 16:16[SPEAKER_00]: Yeah.
- 16:16[SPEAKER_00]: So I honestly think all forms of betting is like the devil.
- 16:21[SPEAKER_00]: I don't believe in betting.
- 16:22[SPEAKER_00]: Like I used to, I used to gamble back in the day, but I would, like that's a whole different story, but even it's was betting.
- 16:29[SPEAKER_00]: I think that
- 16:31[SPEAKER_00]: a lot of our young people are actually like losing a lot of their well.
- 16:36[SPEAKER_00]: Yeah, true sports betting, which is why I love what you're doing because I think were you're doing, you know, they're like, yeah, so it's like when it comes to sports betting, let's say we're betting on the Super Bowl and we think the Patriots are going to win.
- 16:47[SPEAKER_01]: Yep.
- 16:48[SPEAKER_01]: The Patriots lose and we put $1,000 on them to win.
- 16:51[SPEAKER_01]: All of our money has gone, but when it comes to trading,
- 16:54[SPEAKER_01]: Let's say I want to place a call option.
- 16:55[SPEAKER_01]: I think Tesla's going to go up.
- 16:57[SPEAKER_01]: I can literally place a trade and before I even get in the trade, understand, okay.
- 17:02[SPEAKER_01]: If I put a thousand on this trade, I only want to risk 10%.
- 17:05[SPEAKER_01]: So I'm only going to risk losing $100 versus, you know, if this trade hits my take profit, I could win $4,500.
- 17:22[SPEAKER_01]: Yeah, look at the show.
- 17:23[SPEAKER_01]: Exactly.
- 17:24[SPEAKER_01]: So that's why trading is so nice because you're taking that calculated risk and there's a whole system behind it, risk management, discipline, and so many other things that differentiate it from gambling.
- 17:35[SPEAKER_00]: Yeah, and I love the differentiator because I think
- 17:40[SPEAKER_00]: The same, I mean, I, you know, they know this respect to nobody, but the same people who would tell you that stocks are gambling, or the same people who gamble.
- 17:50[SPEAKER_00]: Yeah.
- 17:51[SPEAKER_00]: Sports bets, like it doesn't make sense to me, but I think that I primarily think that the reason why people go in that direction is because they do not want to bet on things that they don't understand.
- 18:05[SPEAKER_00]: And I feel like, as crazy as it sounds, I feel like people feel like they understand sports, right?
- 18:18[SPEAKER_00]: Like, you can't tell me, like if I'm a, if I'm a LeBron fan, I could tell you it's the wrong one or the night.
- 18:23[SPEAKER_01]: Yeah.
- 18:24[SPEAKER_00]: Whether I'm delusional or not, I could tell you, you know what I'm saying?
- 18:26[SPEAKER_00]: So people are willing to make that bet.
- 18:28[SPEAKER_00]: And so,
- 18:30[SPEAKER_00]: Talk a little bit about like the most amount of money, right, that you've made doing this.
- 18:37[SPEAKER_00]: And then for some of who's just starting out, what is the, like a realistic amount of money that some of, some might actually make?
- 18:45[SPEAKER_01]: Yeah, so for me, my biggest day was 64,000.
- 18:47[SPEAKER_01]: 64,000.
- 18:47[SPEAKER_01]: Yeah, just like a one day, yeah.
- 18:49[SPEAKER_00]: You made 64,000.
- 18:49[SPEAKER_01]: Yeah.
- 18:49[SPEAKER_01]: You made, so the average,
- 18:57[SPEAKER_00]: Uh, income for a family of four in America is $40,000.
- 19:02[SPEAKER_00]: Yeah.
- 19:02[SPEAKER_00]: And so you may 60,000 more than the average income.
- 19:04[SPEAKER_00]: That's crazy.
- 19:05[SPEAKER_01]: Yeah, I mean, there's been like multiple like 20,000 days back to back to back, but you know, when I go to teach people or when I just like tell people about trading, I'm like, hey, look, trading does not have to be something that consumes your whole life.
- 19:20[SPEAKER_01]: It doesn't have to be your end all beyond.
- 19:22[SPEAKER_00]: Yeah.
- 19:23[SPEAKER_01]: literally you can learn how to trade to make an extra $100, $300 a day.
- 19:26[SPEAKER_01]: Wow, yeah, maybe even a week and $2,000 goes a long way.
- 19:30[SPEAKER_01]: So, always tell people, you know, make your goals practical for you.
- 19:36[SPEAKER_01]: Don't, you know, take what you see on social media and, you know, think bad about yourself.
- 19:40[SPEAKER_01]: Like, oh, this guy made this much money and I'm only making $200.
- 19:44[SPEAKER_00]: that's a win because that's money you didn't have to go to work to make.
- 19:47[SPEAKER_00]: Yeah, and I, you know, and that was what, like I said, I said this earlier during the intro, but that was one of the things that I was like, all right, you know, this is dope because I do think that we have to start moving away
- 20:03[SPEAKER_00]: from the highlight reel, right?
- 20:05[SPEAKER_00]: We have to start moving away from pushing everybody to be a millionaire, pushing everybody to drop a rose voice, pushing everybody to want to spend, you know, 25,000 on a broken bat.
- 20:20[SPEAKER_00]: Whatever, you know what I'm saying?
- 20:21[SPEAKER_00]: The reason why I say that is because, you know, I mean, before social media, we didn't have access to see these things, right?
- 20:29[SPEAKER_00]: And then now because we see them often,
- 20:32[SPEAKER_00]: we we almost like disrespect the amount of work that it takes to get to that level.
- 20:38[SPEAKER_01]: And let me say this about it.
- 20:39[SPEAKER_01]: I truly believe me growing up in Iowa in the Midwest and like over there you're not exposed to a lot like we don't have designer stores and seat of rapids Iowa or anything like that.
- 20:51[SPEAKER_01]: So for me it was very easy to make trading practical and get consistent at you know getting the small winds and letting them compound.
- 20:58[SPEAKER_01]: Because I'm not on social media looking at what the next person is doing or like designer this designer that so for me it was easy to stay grounded.
- 21:06[SPEAKER_01]: Yeah.
- 21:07[SPEAKER_01]: So literally my why two trading was I just wanted to eat better food.
- 21:12[SPEAKER_01]: Like I was a college student like I'm like I want to start going out to eat and That's what maybe an extra fifty dollars a hundred dollars like every single week.
- 21:20[SPEAKER_01]: So for a lot of people I was telling them you know what is your why and it has to make sense for your life.
- 21:25[SPEAKER_00]: Yeah.
- 21:26[SPEAKER_00]: And I like that because a couple of things I want to unpack y'all in what Abram just said, what Saya just said, is number one, the why is important, but make the why connected to you.
- 21:41[SPEAKER_00]: Yeah.
- 21:41[SPEAKER_00]: Right?
- 21:42[SPEAKER_00]: That's like a bar, why owe you, make, why can't I?
- 21:45[SPEAKER_00]: But make the why connected to you, why?
- 21:47[SPEAKER_00]: Because a lot of times,
- 21:51[SPEAKER_00]: Like, we can't even, like, like, anybody who's like y'all want to be a millionaire and you can't pay your basic necessities, there's no way you could focus on millions of dollars.
- 22:03[SPEAKER_00]: I've been there before, right?
- 22:05[SPEAKER_00]: I've been at a space where I was like, I'm gonna make a million, I'm gonna make a million, but I'm struggling.
- 22:12[SPEAKER_00]: It wasn't until, I said, you know what, after this million, let me just,
- 22:17[SPEAKER_00]: get above water right and then once I got above water now I can start focusing so what you think about you know somebody who can make an extra $1,000
- 22:28[SPEAKER_00]: extra $3,000, right?
- 22:30[SPEAKER_00]: Think about this, like I just said, the average family in America black, white, Asian, Hispanic, you take everybody in America, the average family of four makes $40,000 a year.
- 22:45[SPEAKER_00]: So if you made an extra $4,000 a month,
- 22:50[SPEAKER_00]: That goes a long way.
- 22:51[SPEAKER_00]: That goes a long way.
- 22:52[SPEAKER_00]: That is a car note, that is somebody's private school if you want your kids to go there.
- 22:59[SPEAKER_00]: That is, you know, that's a pin-out, some credit to be out of the pin-out where you live.
- 23:06[SPEAKER_00]: So I love that aspect of it.
- 23:09[SPEAKER_00]: And so,
- 23:11[SPEAKER_00]: When did you get to the space where you're like, you know what, I've learned this, now I wanna teach it.
- 23:17[SPEAKER_00]: Like what was the energy around you wanting to teach people how to do this as well?
- 23:22[SPEAKER_01]: Yeah, so for me, one of my friends, they came to me and they were like, hey, bro, I want to learn how to trade.
- 23:28[SPEAKER_01]: And I was like, no, I don't think this is for you.
- 23:31[SPEAKER_01]: I know the type of person you are.
- 23:32[SPEAKER_01]: I don't think you're going to take it too seriously.
- 23:35[SPEAKER_01]: And like one day, I was like, you know what, here, I'll show you, like over the course of a week.
- 23:39[SPEAKER_01]: And once I started seeing them get resolved, I was like, oh my gosh.
- 23:43[SPEAKER_01]: if they can understand how to do this stuff, anyone can.
- 23:46[SPEAKER_01]: Wow.
- 23:46[SPEAKER_01]: So from there, like, that kind of started the whole journey.
- 23:50[SPEAKER_01]: And I saw the impact that had on them.
- 23:52[SPEAKER_01]: Like, they were like, yeah, bro, like, my life is better now.
- 23:55[SPEAKER_01]: I'm doing this.
- 23:55[SPEAKER_01]: I'm doing that.
- 23:57[SPEAKER_01]: From there, I was okay.
- 23:58[SPEAKER_01]: He can do it.
- 23:59[SPEAKER_01]: Why can't a thousand other people do it?
- 24:01[SPEAKER_01]: Wow.
- 24:01[SPEAKER_01]: And I was young at the time.
- 24:02[SPEAKER_01]: So I mean, like 21, 20 years old, kind of dumb in college, having fun.
- 24:07[SPEAKER_01]: And there's a lot of people that are grown adults with amazing jobs, like a lot of people have jobs where they had to go to school.
- 24:14[SPEAKER_01]: They had to get some sort of education.
- 24:16[SPEAKER_01]: So if you have the discipline and the resources and the dedication to get to that point in life, you can easily learn how to trade.
- 24:23[SPEAKER_01]: All you have to do is take what you already have and just apply it to your training.
- 24:28[SPEAKER_00]: And one of the things I like I appreciate about like trading and what you do is like it's not like a get rich quick.
- 24:38[SPEAKER_00]: Right.
- 24:38[SPEAKER_00]: Right.
- 24:39[SPEAKER_00]: And so it's and you use this word that I want you to expound or you use discipline.
- 24:46[SPEAKER_00]: How does one like like like if I'm just starting out.
- 24:51[SPEAKER_00]: How do I learn to be disciplined?
- 24:56[SPEAKER_00]: Be, what's the proper amount that I should start with?
- 25:01[SPEAKER_00]: Should I not start with money?
- 25:03[SPEAKER_00]: Should I just test it out and see?
- 25:06[SPEAKER_00]: And then do it with money.
- 25:09[SPEAKER_00]: And then once I start seeing a little bit of money, how do I keep that consistent?
- 25:19[SPEAKER_00]: And I know I could go back and give you all the three questions but because I was going to dumb up my brain but how do I stay consistent to make sure that I'm not being greedy where if I just saw a thousand my mind says yo oh man if I could do a thousand I could attempt that right like what's that that process?
- 25:38[SPEAKER_01]: So I always tell people from the very beginning, before you even hop on a chart, download a brokerage, you have to understand who you are as an individual.
- 25:49[SPEAKER_01]: You have to have the right relationship with money.
- 25:51[SPEAKER_01]: You have to have just discipline within your daily life.
- 25:54[SPEAKER_01]: Because the way you live your life is going to translate over to trading.
- 25:57[SPEAKER_01]: Like if you're like, for example, as a kid, like if I got a weapon before I had to go to school and let's say I had a test.
- 26:05[SPEAKER_01]: I'm not going to perform well on that test because, you know, I'm maybe like emotional about this or mad and it's going to translate over.
- 26:13[SPEAKER_01]: So trading is literally the exact same way.
- 26:15[SPEAKER_01]: So it all starts with you.
- 26:17[SPEAKER_01]: And then once you get started in trading, just to keep that discipline, you have to have a routine, you have to have a structure just on a daily basis and I always tell people when you start out trading is something new.
- 26:29[SPEAKER_01]: You're going to see money fluctuate up and down and a lot of people aren't used to that.
- 26:32[SPEAKER_01]: A lot of people will know, okay, if I go to work for eight hours, I'm going to make X amount of dollars trading is the complete opposite.
- 26:39[SPEAKER_01]: So from there, I tell people don't start off with real money, you know, get your feet wet, paper tray, it's just trading with simulated money, until you understand what you're doing because the thing about trading is it's a skill.
- 26:51[SPEAKER_01]: And a lot of people treat as a get rich quick scheme, but once you have the skill, you can trade with anything.
- 26:56[SPEAKER_01]: Like in November, I turned 3000 into like a little over 55,000.
- 27:01[SPEAKER_01]: or of course, the two weeks, wow.
- 27:02[SPEAKER_01]: All because I have this skill.
- 27:05[SPEAKER_01]: So if I had 10,000, 50,000, 100,000, you can easily trade with that all because you have that skill.
- 27:10[SPEAKER_01]: Wow, wow, wow.
- 27:12[SPEAKER_00]: And then how do you know when it's time to turn up?
- 27:17[SPEAKER_00]: You know, like, you know, I don't know, like, let's just say let's say foot fence.
- 27:23[SPEAKER_00]: I try to do the same thing.
- 27:25[SPEAKER_00]: You know, I take 3,000 and I'm like, I'm a learn.
- 27:31[SPEAKER_00]: I get into trading, I turn that 3,000 to 20,000.
- 27:37[SPEAKER_00]: Do I keep just putting 3,000 in?
- 27:42[SPEAKER_00]: Do I take the 20,000 in now that and try to make that bigger like that level of discipline also?
- 27:50[SPEAKER_00]: How do I know when to turn up or when to turn now?
- 27:55[SPEAKER_01]: So I always tell people the money is not real until you withdraw it back to your bank.
- 28:01[SPEAKER_01]: A lot of people can make money and trading every single week, but I mean, if they don't reinvest that money or if they don't withdraw and put it to the bank account, is it even real?
- 28:10[SPEAKER_01]: You can trade with it the next day and lose it all.
- 28:13[SPEAKER_01]: So I always tell people, you know, when you're doing well and you have a couple of good trades, like make sure you pay yourself.
- 28:18[SPEAKER_01]: You're doing work and
- 28:24[SPEAKER_00]: Again, $3,000, I do, I'm like, I bet, I mean, this is what my logical mind says, and you tell me if I'm, if I'm correct and saying this, if I put in $3,000 and it grossed to 20, I'm probably going to take 17,000.
- 28:44[SPEAKER_00]: Yeah.
- 28:45[SPEAKER_00]: I'm probably going to take that 17,000 and I'm going to put it in an account somewhere.
- 28:51[SPEAKER_00]: And then I'm going to try to do the same thing with that 3,000.
- 28:53[SPEAKER_00]: And I'm going to keep written to number P in that 3,000, written to number P in that 3,000 until you're either saying to myself, that says, don't do it to you get it right.
- 29:04[SPEAKER_00]: Do it to you can't get it wrong.
- 29:05[SPEAKER_01]: Yeah.
- 29:06[SPEAKER_00]: Right.
- 29:07[SPEAKER_00]: And so I will keep written to number P in that 3,000.
- 29:09[SPEAKER_00]: And then once I feel so comfortable,
- 29:12[SPEAKER_00]: Obviously, at that point, I'm not even playing with, I was just wanting to know more.
- 29:15[SPEAKER_00]: Right, right, because I got my 3000 back plus more now all the money that I'm that I haven't as is money that I, you know, I was going to say one, but it's not really one, is money that I, you know, I earned through trading.
- 29:29[SPEAKER_00]: Um, you know, is there a difference between
- 29:35[SPEAKER_00]: investing day trading with 3,000 and day trading with 30,000.
- 29:40[SPEAKER_00]: And what I mean by that is I'll give you an example.
- 29:42[SPEAKER_00]: And maybe maybe my audience or understand this example or not, but like a lot of what I do from a digital marketing and publicity and things of that nature require me investing money and ads, right?
- 29:57[SPEAKER_00]: And my return on investments on ads,
- 30:03[SPEAKER_00]: it's not just rock cut, right?
- 30:05[SPEAKER_00]: So if I'm investing, let's just say $10,000.
- 30:10[SPEAKER_00]: And I got a, you know, a three, a three X return on invest on my ad spend.
- 30:19[SPEAKER_00]: Logically, it was going to say, yo, let just increase that's a hundred thousand.
- 30:23[SPEAKER_00]: Yeah, it's not that simple, right?
- 30:25[SPEAKER_00]: Cause if I do 100,000, I might not get three, three X. I'm like right now, now a little more niche, I might do one or I might do one and a half, but it's not necessarily, right?
- 30:34[SPEAKER_00]: So like, is that the same, is that the same case?
- 30:37[SPEAKER_00]: Like, if somebody is successful with 3,000,
- 30:41[SPEAKER_00]: can they just transfer that same skill, you know, you know, invest more money and make more over return.
- 30:49[SPEAKER_01]: So ideally, yes, but let's be realistic about it.
- 30:53[SPEAKER_01]: A lot of people, if you gave them $100 bill, they're not going to think much of it.
- 30:58[SPEAKER_01]: They're like, okay, it's $100 bill.
- 30:59[SPEAKER_01]: If you hand them $20,000, oh my god,
- 31:02[SPEAKER_01]: It's $20,000.
- 31:03[SPEAKER_01]: I'm emotional.
- 31:05[SPEAKER_01]: So, that's where a lot of people get trading wrong.
- 31:08[SPEAKER_01]: They don't have the discipline or they don't have the control over their emotions.
- 31:12[SPEAKER_01]: So, when you're trading with larger amount of money, people start making bad choices, people are going to poll save or whatnot.
- 31:20[SPEAKER_01]: So, I was told people would just let the small wins compound.
- 31:23[SPEAKER_01]: And even me,
- 31:24[SPEAKER_01]: the way I'm so consistent is I'm not looking for home run trades.
- 31:27[SPEAKER_01]: I'm not trying to catch a percent two hundred percent return trades every day.
- 31:32[SPEAKER_01]: Give me ten to thirty percent.
- 31:34[SPEAKER_01]: I'm taking it and moving on to the next one because it's hell of a lot easier to get three twenty percent return trades in a day than two one hundred percent return trades.
- 31:44[SPEAKER_00]: So I hear you correctly.
- 31:46[SPEAKER_00]: It's really a mindset around training that is going to vary depending on the person, which is why you said earlier you have to know yourself, right?
- 31:57[SPEAKER_00]: If the know, you've got to understand your relationship with money, right?
- 32:04[SPEAKER_00]: But if I hear you correctly, it's also that,
- 32:18[SPEAKER_00]: you know where your, your money limit is.
- 32:23[SPEAKER_01]: Yeah, it was.
- 32:24[SPEAKER_00]: Well, definitely, what emotionally changes you, right?
- 32:28[SPEAKER_00]: So like for instance, and I'll get, I'll be, I'll say, you know, full transparency, like the way I look at, I don't know.
- 32:36[SPEAKER_00]: I think my threshold right now, probably like, like, 16,000, right?
- 32:44[SPEAKER_00]: Meaning like,
- 32:46[SPEAKER_00]: I'm willing to invest like y'all.
- 32:49[SPEAKER_00]: Like I'm willing to invest like 60,000 on this or whatever, right?
- 32:53[SPEAKER_00]: Like anything between this and 60,000 is like no big deal.
- 32:57[SPEAKER_00]: But like six figures is like, whoo.
- 33:02[SPEAKER_01]: Yeah, cuz 10% of 100K, this $10,000 right there.
- 33:05[SPEAKER_01]: And then you start to think like, I don't think what I've done with this 10K.
- 33:09[SPEAKER_00]: Correct.
- 33:09[SPEAKER_00]: So even for me, when I look at six figures, I'm like, all right.
- 33:13[SPEAKER_00]: I mean, make sure if you're like, I've invested, you know, obviously, I've invested more, you know, more to six figures and things, but that's the threshold.
- 33:22[SPEAKER_00]: That's the, you know, like over over a hundred thousand is when I'm like, I'm, I'm really paying attention, you know, and so you're saying, I find that sweet spot in which you are in control, so you can make them by decisions.
- 33:38[SPEAKER_01]: Yeah, because at the end of the day, it has to make sense for your life, specifically.
- 33:42[SPEAKER_01]: Like, for example, me and my rent is about 4,000.
- 33:45[SPEAKER_00]: Yeah.
- 33:45[SPEAKER_01]: So if I put 40k in a trade and the most I'm willing to risk is 10%, that's a month of rent that I'm willing to risk.
- 33:52[SPEAKER_01]: So at that point, I'm just like anything higher.
- 33:54[SPEAKER_01]: I'm like, oh my god, I don't know if I want to continue this.
- 33:58[SPEAKER_01]: So I know anything below that, I'm comfortable with that amount of risk.
- 34:03[SPEAKER_01]: Yeah.
- 34:04[SPEAKER_00]: Hides, I look at it and are you happy that you didn't take this, this big job that you offer?
- 34:12[SPEAKER_00]: Yeah, most definitely.
- 34:13[SPEAKER_01]: I believe that, you know, just going on this journey of just trading and entrepreneurship, I've grown a lot, like way more than I would have had a corporate job.
- 34:23[SPEAKER_00]: Yeah, yeah.
- 34:24[SPEAKER_00]: And what's your thoughts on AI?
- 34:29[SPEAKER_00]: Like, how is AI?
- 34:35[SPEAKER_00]: But then how is it also how is it going to affect training or is it affecting training at all?
- 34:41[SPEAKER_01]: Yeah, so right now, I would say it's fairly early with the mix of AI and trading.
- 34:47[SPEAKER_01]: A lot of people are trying to incorporate it somehow some way, but I'm a late adopter.
- 34:52[SPEAKER_01]: So for me, I'm not going to just start something that's new and experiment with.
- 34:57[SPEAKER_01]: I want to see it actually, you know, do some stuff before I get into it.
- 35:01[SPEAKER_01]: But right now, I'm just human-destruct human discretion, you myself and I because
- 35:09[SPEAKER_00]: And so, is there a way, like I use AI and everything right now, like I, you know, I'm a, let me, you know, financial education is my space.
- 35:22[SPEAKER_00]: It's a podcasting writing books, things like that nature, but my, my business, my main business is publishing, right?
- 35:29[SPEAKER_00]: And so I help entrepreneurs, business owners, influencers, kind of create a business using a book, so they could be like the number one authority in this space.
- 35:43[SPEAKER_00]: And I use AI because it allows me to be more effective, really, really fast, right?
- 35:52[SPEAKER_00]: And so is there a case you use for AI, meaning like, I don't know, if, if I got to make a
- 36:05[SPEAKER_00]: all of the, like, like, let's say, Sire, you, you know, there's, there's five pieces of data points that you study.
- 36:15[SPEAKER_00]: That says, if these five things are true, then I'm gonna put a call, or I'm gonna put a putt, right?
- 36:23[SPEAKER_00]: Is there a case study, and I don't know if you've tried this or if you could, you know, you know, just kind of intellectualize it for me.
- 36:31[SPEAKER_00]: Is there a case study where, all right, I'm going to take these five data points and the things that I think about, I can tell AI to think about them for me and tell me whether this would be a good call of put.
- 36:47[SPEAKER_01]: You can do that, but at the end of the day, I believe human discretion plays a big role into trading because for example, I can literally tell you exactly what I'm going to do, how I'm going to do it, but if I have more experience and I see, okay, even though this may happen that isn't necessarily mean, it's 100% certain because X factor.
- 37:13[SPEAKER_01]: So that human discretion plays a
- 37:17[SPEAKER_00]: And so you're not afraid that AI is going to all of a sudden come in and stop your ability to concentrate like, oh, like you believe that trading options is a AI proof.
- 37:32[SPEAKER_00]: kind of thing.
- 37:33[SPEAKER_00]: Yeah, I'm going to step for them.
- 37:34[SPEAKER_00]: Yeah.
- 37:35[SPEAKER_00]: And the reason why I'm asking that because when I asked about the job market, that's the first thing I told about my man, he kind of dodged a bullet because the truth of the matter is that when I think about AI, when I think about finance even, a lot of the stuff that you would go to a banker to do,
- 37:57[SPEAKER_00]: to be honest with you, like, a hacker really do that.
- 37:59[SPEAKER_00]: And then I'm saying, because when I think about, you don't know, like financial reports or when I think about, you know, like, you know, like I said, I was a banker, oh, my, my start of my career as a bank, I was a bank of about 15 years, for about two and a half years, I was a private banker.
- 38:17[SPEAKER_00]: And I manage money for wealthy individuals, you know, anywhere from 2 million to, I think my most wealthiest client will look like $22 million.
- 38:26[SPEAKER_00]: Well, my job was to analyze data, right?
- 38:30[SPEAKER_00]: Like, I would look at, I would speak to the client.
- 38:33[SPEAKER_00]: I would say, right, here's these goals that they want to reach.
- 38:37[SPEAKER_00]: Here's what they're doing right now.
- 38:40[SPEAKER_00]: And here's how they should be, you know, what they should be doing to reach those goals.
- 38:45[SPEAKER_00]: And so,
- 38:49[SPEAKER_00]: It would take me, you know, hours, right, looking at their data, putting points together, figuring things out.
- 38:56[SPEAKER_00]: But when I think about it now, it's like, oh, if I was, and this was, I don't know, this was 2005, right?
- 39:00[SPEAKER_00]: 20 is later.
- 39:05[SPEAKER_00]: Do you understand how many clients I could have?
- 39:08[SPEAKER_00]: Like I could easily just upload.
- 39:11[SPEAKER_00]: So I, and even now as we speak, you know me and my business partner Mike, you know we're working on something really, really phenomenal, we're working on creating a bank or not even a bank but financial services for creators, right?
- 39:28[SPEAKER_00]: And so could we create
- 39:31[SPEAKER_00]: a mechanism in which a lot of creators who maybe can't afford, you know, the private banker, right?
- 39:41[SPEAKER_00]: They can't afford, you know, the team of people helping them manage their money could we take technology, AI, you know, we're talking to a very strong
- 39:54[SPEAKER_00]: banking partner right now can we take their prior to services and provide it for creators and you know we're on the brink of doing that.
- 40:04[SPEAKER_01]: Yeah.
- 40:05[SPEAKER_00]: And it's got to change the game.
- 40:07[SPEAKER_00]: But to be honest with you, it's also going to not require people.
- 40:12[SPEAKER_00]: You know, and so for you, you know, when you think about trading and options and things in that nature, I think that the fact that this is something that is not going to be replaced, right?
- 40:29[SPEAKER_00]: And honestly, and then I want you to talk about this as well.
- 40:33[SPEAKER_00]: Honestly,
- 40:38[SPEAKER_00]: this actually is a way to protect yourself from job the job market anyway because you're investing in the things that will go up with the loss of jobs, if that makes sense, right?
- 40:55[SPEAKER_00]: So you got to think like like if anybody's investing in AI companies and nobody's working with a physical labor
- 41:06[SPEAKER_00]: you're investing in the companies as they go up.
- 41:08[SPEAKER_00]: You know what I'm saying?
- 41:09[SPEAKER_01]: Yeah.
- 41:09[SPEAKER_00]: So can you talk a little bit about that for me?
- 41:11[SPEAKER_01]: Yeah.
- 41:12[SPEAKER_01]: So you made a good point how people can use trading to, you know, something happens in the job market to kind of sustain themselves.
- 41:19[SPEAKER_01]: Yeah.
- 41:20[SPEAKER_01]: One of my best friends from college, she got a great job right out of school, lost his job for maybe five months or so, but he was trading in between to keep himself afloat, pay his bills, and everything like that.
- 41:31[SPEAKER_01]: So that's why I believe trading is something everyone should have in their toolkit.
- 41:35[SPEAKER_01]: because even if you're not going to use it today, you could use it next month next year.
- 41:39[SPEAKER_01]: You never know when you're going to need a skill like this.
- 41:41[SPEAKER_01]: Yeah, pay the picture for me.
- 41:44[SPEAKER_00]: Transformation lies, you know, obviously money.
- 41:49[SPEAKER_00]: What are some other transformations that you've experienced or anybody who learns trading can experience?
- 41:59[SPEAKER_00]: Like, how does that make them a new person?
- 42:01[SPEAKER_00]: Yeah, it.
- 42:04[SPEAKER_01]: Because trading, investing, or just anything money related isn't like a household conversation all the time.
- 42:13[SPEAKER_01]: I feel like it opens the doors to a lot of things because, for example, even myself, I had no idea what investing was or what stocks were.
- 42:20[SPEAKER_01]: I never heard about it prior and once I accomplished trading and really understood what I was doing, I was like, oh, wow, if I can go and do this myself, I can do anything because I was working at Goldman Sachs through an internship in college.
- 42:37[SPEAKER_01]: And everything that we did just as you said, like, private wealth management, you're doing for these wealthy clients, I just sat there and was like, man, how come I didn't, I didn't, I wasn't taught about any of this, but so from that point when I took the things that I learned and applied it to my own life.
- 42:56[SPEAKER_01]: then I just knew the rest was history.
- 42:57[SPEAKER_01]: So there's a lot of transformations and impacts that can have for a lot of people, because it's opening their brain to new doors in a new ways of thinking.
- 43:06[SPEAKER_01]: Because it's one thing to make the money.
- 43:09[SPEAKER_01]: It's another thing to actually keep the money, preserve it and grow it, as time was forward.
- 43:14[SPEAKER_01]: And then people start thinking about, okay.
- 43:16[SPEAKER_01]: If I made money for my job, I invested some of it made money in options like what's next?
- 43:22[SPEAKER_01]: How can I invest it long-term?
- 43:23[SPEAKER_01]: How can I maybe invest it to another business?
- 43:25[SPEAKER_01]: And that's one thing that I love is, you know, when you come to learn to trade for me, I'm going to show you more than just trading.
- 43:33[SPEAKER_01]: Like I have friends that have other businesses and whatnot.
- 43:36[SPEAKER_01]: And I'll literally put them on and say, hey, look like it's one thing to make money from trading.
- 43:41[SPEAKER_01]: Now let's continue growing it and so I'll introduce them to different business models or just anything else they can do.
- 43:47[SPEAKER_00]: So talk to us now.
- 43:49[SPEAKER_00]: How could, right?
- 43:52[SPEAKER_00]: Because like, you know, you feel like I, you teaching your friends, you teaching people how to do this.
- 43:58[SPEAKER_00]: How could the everyday person watch them right now plug in with you and kind of learn, you know, what, you know,
- 44:06[SPEAKER_01]: Yeah, so I'm a firm believer of if you do it right the first time, you would never have to do it again.
- 44:12[SPEAKER_01]: So when I look at my journey when I started, I didn't do it the right way.
- 44:16[SPEAKER_01]: Yeah, I didn't have a mentor.
- 44:18[SPEAKER_01]: I didn't have a group of like-minded individuals.
- 44:20[SPEAKER_01]: Wasn't getting constructive criticism.
- 44:22[SPEAKER_01]: So I was lost for maybe the first two years of my journey.
- 44:26[SPEAKER_01]: So I always tell people like if you're serious about trading and you actually want to do this the right way at the beginning Come learn for me for free.
- 44:34[SPEAKER_01]: I have a free class.
- 44:35[SPEAKER_01]: I do every single week.
- 44:36[SPEAKER_01]: I teach people from the beginning to the end how to start how to get the right foundation much more
- 44:41[SPEAKER_00]: Man, I love that.
- 44:42[SPEAKER_00]: And I think, you know, that's the beauty of, I always say that knowledge is the one thing you could give away without losing any, right?
- 44:51[SPEAKER_00]: Yeah.
- 44:52[SPEAKER_00]: And that's the beauty of it, you know, especially as y'all watched here.
- 44:57[SPEAKER_00]: What do you have to win, right?
- 45:03[SPEAKER_00]: I don't even, I don't even like to, you know, people don't realize we live in an inclusionary world, right?
- 45:09[SPEAKER_00]: Meaning that it is not possible to exclude anything from your space, so whatever you focus on, that's what you're gonna get.
- 45:18[SPEAKER_00]: And so that's why I never say, what do you have to lose?
- 45:21[SPEAKER_00]: I don't want you to focus on losing.
- 45:22[SPEAKER_01]: Right.
- 45:23[SPEAKER_00]: What do you have to win?
- 45:25[SPEAKER_00]: because I want you to focus on the winning aspect of it.
- 45:29[SPEAKER_00]: And if we have someone who not only went to the bruising brumps, the ups and downs figured it out, did it at such a young age,
- 45:41[SPEAKER_00]: that at 27 years old, you know, even prior to, you know, prior to graduating college was already making 20 to 30,000 a month off of training.
- 45:53[SPEAKER_00]: But not only is he saying you can do it too, but come let me teach you for free.
- 46:00[SPEAKER_01]: Yeah.
- 46:01[SPEAKER_01]: Yeah, I'm a firm believer of
- 46:03[SPEAKER_01]: literally do it the first time you won't have to do it again and you know I hate to see a lot of people when they get started on their journey of trading they do everything absolutely wrong you know they start off by you know paying for some expensive course and they don't understand what they're doing so I always tell people be intentional about your learning yeah don't just go into this thinking like you know I'm gonna try to learn everything and like just one day like
- 46:27[SPEAKER_01]: Now you got to take it easy, take it slow and just go step by step.
- 46:31[SPEAKER_00]: Yeah, yeah, not love that.
- 46:32[SPEAKER_00]: I love that.
- 46:33[SPEAKER_00]: What is the future look like for Saia Abram?
- 46:36[SPEAKER_00]: Like what is your, um, you know, like ultimate goal?
- 46:40[SPEAKER_00]: It's creating the most impact as possible.
- 46:42[SPEAKER_01]: Like for me, it's always been impact over income all the time.
- 46:46[SPEAKER_01]: Yeah, yeah.
- 46:48[SPEAKER_00]: When I, you know, when I look, you know, at 27, I look 10 years from now, you know, Sya Abram is 37 years old, what is his, you know, God's will, what is his life looking like?
- 47:00[SPEAKER_00]: What is he doing?
- 47:01[SPEAKER_01]: I see myself married with kids and essentially just being a household name for people that look just like me and my community.
- 47:11[SPEAKER_01]: Because I've always been a firm believer of, you give back to people that were just like you at one point in time.
- 47:18[SPEAKER_01]: So for me, if I can make the impact for my generation or the next generation, that's a win in my book.
- 47:25[SPEAKER_00]: And as somebody who's still relatively young and you still, you know, you know, again, God's will have a lot of life in front of you, but if you could go back to 18 year old sire, what advice are you giving him, what conversation are you having with him?
- 47:48[SPEAKER_01]: That's a good question.
- 47:50[SPEAKER_01]: I would say the first thing is,
- 47:53[SPEAKER_01]: continue betting on yourself and try as many things as possible.
- 47:57[SPEAKER_01]: Because when I was 18, I knew there were a lot of different things.
- 48:03[SPEAKER_01]: You can do it through our life, but I was just kind of scared to get started.
- 48:07[SPEAKER_01]: I didn't really have a reason why I was scared.
- 48:09[SPEAKER_01]: But it was just more so, you know, I don't know anyone that's in the space.
- 48:13[SPEAKER_01]: I don't know how to get started.
- 48:14[SPEAKER_01]: But I mean, you got a fall on your face to learn.
- 48:17[SPEAKER_01]: That's it.
- 48:18[SPEAKER_00]: Yeah, and I love that love that.
- 48:20[SPEAKER_00]: Um, lastly, talk, talk to the 55 year old, 56 year old because I think there's a, there's a new pandemic happening right now and that pandemic is happening with our older, you know, brothers and sisters out there in their 50s, who are still young enough to work.
- 48:42[SPEAKER_00]: Um, but a lot of the jobs are being threatened and things are that nature and they're trying to figure out they're trying to reinvent themselves.
- 48:48[SPEAKER_00]: This is why we see a lot of, um, you know, millionaire tick tockers, right?
- 48:53[SPEAKER_00]: They're, they're those like 50 and up, you know, age range.
- 48:58[SPEAKER_00]: Um, talk to that person though, right?
- 49:01[SPEAKER_00]: who, I believe, based on what, you know, based on what I know about training, based on our conversation, that this would benefit, not only young person, but it'd benefit in it, that person as well.
- 49:13[SPEAKER_00]: Talk to that person for a second and what are some of the things that you would tell them as to why they should be training?
- 49:23[SPEAKER_01]: Yeah, so someone within that age range, you're already wise, you already have so much experience in life.
- 49:30[SPEAKER_01]: You already more than likely know about investing because you have a 401k or Roth IRA.
- 49:36[SPEAKER_01]: So the hard work is already done versus a young person that has no knowledge whatsoever.
- 49:41[SPEAKER_01]: So for me, if I'm speaking to that person, I would tell them,
- 49:48[SPEAKER_01]: It's not too late to get started because this is something that has been around for a while and it's going to continue being around.
- 49:57[SPEAKER_01]: So don't feel discouraged that, you know, I'm in my 50s, maybe this isn't for me.
- 50:03[SPEAKER_01]: I mean, there's a lot of people that I teach that are older, like I've even taught my parents and my aunts and uncles how to do this stuff because
- 50:12[SPEAKER_01]: I mean, if you can sit here and watch this podcast or watch YouTube videos, you can easily learn how to trade.
- 50:19[SPEAKER_01]: I have to do is just, you know, put your efforts towards something else.
- 50:23[SPEAKER_00]: No, I love that.
- 50:24[SPEAKER_00]: I love that.
- 50:25[SPEAKER_00]: I'm not saying, I said, lastly, but I do have this one question.
- 50:29[SPEAKER_00]: It's trading actually for everyone or is that something that people say to sell courses?
- 50:36[SPEAKER_01]: I believe everyone has the potential to get good at trading, but it's depending on is at the right time, because as I said earlier, if someone has a lot going on in life right now, if life is tough for you, if life is life is just life in.
- 50:56[SPEAKER_01]: Maybe you take a break for a second because you want to go into trading with the right mindset.
- 51:00[SPEAKER_01]: You want to go in when you're at peace with yourself because as I said, this is something where it's not a get rich quick scheme.
- 51:09[SPEAKER_01]: It's going to take consistency effort, discipline.
- 51:12[SPEAKER_01]: So you got to make sure you got your life in check before you embark on this journey.
- 51:17[SPEAKER_00]: Yeah, and I love that.
- 51:18[SPEAKER_00]: I love that.
- 51:19[SPEAKER_00]: All right, so we gonna put the link in the bio.
- 51:22[SPEAKER_00]: So y'all can take advantage of the free client.
- 51:24[SPEAKER_00]: And that's the other thing, though, too, is that the provenant matter is you only gotta pay, right?
- 51:29[SPEAKER_00]: You can invest your time, you know, learn from Sire directly.
- 51:36[SPEAKER_00]: And so,
- 51:37[SPEAKER_00]: Tell me, is there anything an question that I didn't ask that you're like, yo, Ash, yo, you should ask me this question.
- 51:46[SPEAKER_01]: I don't think you asked how I paid for college.
- 51:49[SPEAKER_01]: That's high.
- 51:49[SPEAKER_01]: I think you really take others literally trading paid for all of my student loans.
- 51:54[SPEAKER_01]: So yeah, by the time I was done with school, all of it was paid off.
- 52:00[SPEAKER_00]: And so you graduated college with no student loans, whatsoever beginning to straighten it.
- 52:07[SPEAKER_00]: Yeah, exactly.
- 52:08[SPEAKER_00]: And so why is that like, yeah, this is blowing my mind because I do a lot of speaking engagements and stuff and colleges.
- 52:19[SPEAKER_00]: And I'm always telling them, you know, get a side hustle, real estate, whatever, do something.
- 52:25[SPEAKER_00]: A lot of it's tough for them because it requires them to exchange energies, right?
- 52:34[SPEAKER_00]: Like, again, how are you able to do that?
- 52:37[SPEAKER_01]: So like, think about it like this.
- 52:39[SPEAKER_01]: Let's say I started to e-commerce brand.
- 52:41[SPEAKER_01]: Yeah.
- 52:41[SPEAKER_01]: I would have to focus on marketing, shipping,
- 52:45[SPEAKER_01]: Inventory, there's so many components of business, even meeting people in person, trading is not like that.
- 52:51[SPEAKER_01]: It's literally as simple as you, a laptop, and a phone.
- 52:54[SPEAKER_01]: You don't have to talk to anybody.
- 52:56[SPEAKER_01]: It's a lonely sport, and that's why I love it.
- 52:59[SPEAKER_01]: Because, at the end of the day, it's literally just you versus you.
- 53:03[SPEAKER_01]: Sheesh!
- 53:04[SPEAKER_00]: I love it, y'all.
- 53:05[SPEAKER_00]: I look, I need y'all to hit that link in the bio.
- 53:08[SPEAKER_00]: Let's not play in.
- 53:09[SPEAKER_00]: If you want to connect with you, wickly found you.
- 53:12[SPEAKER_01]: Yeah, they can find me on Instagram.
- 53:13[SPEAKER_01]: So my Instagram is at Sire Abram.
- 53:16[SPEAKER_00]: Sire R E A B R A M. Make sure you're following Sire Abram.
- 53:21[SPEAKER_00]: on Instagram, S-I-I-E-A-B-R-A-M, make sure you're hit the link in the description, take his free class, learn the skillset, and this is what a practical perspective.
- 53:34[SPEAKER_00]: This is what I would tell you, right?
- 53:36[SPEAKER_00]: I would say, take the class, create a reasonable goal for yourself, right?
- 53:42[SPEAKER_00]: It does not have to be you, I'm going to make a million dollars this year
- 53:50[SPEAKER_00]: Let's just say, you want a rose voice, and you're like yo, right now my life is great.
- 53:56[SPEAKER_00]: I would love to drive a rose voice.
- 53:58[SPEAKER_00]: So I'm going to figure out how I can make an extra $6,000 because if you don't know, it's probably going to cost you around $6,000 a month in the car note or whatever.
- 54:07[SPEAKER_00]: If you sent to yourself, hey, I want to make an extra $6,000.
- 54:11[SPEAKER_00]: So I can get this rose voice.
- 54:12[SPEAKER_00]: Then trade for six months.
- 54:14[SPEAKER_00]: I'm not going to say trade once.
- 54:15[SPEAKER_00]: And then make the $6,000, right?
- 54:20[SPEAKER_00]: right, or if you want to live in a penthouse, what I'm saying is create a realistic goal, something that you want to actually accomplish, and then just make that as your goal, learn by making that as your goal, and then once you accomplish it, if you want the thing that you can now, you can afford it, because now you've built the skill set for it, but if you don't want the thing,
- 54:44[SPEAKER_00]: At minimum, you got money now.
- 54:46[SPEAKER_00]: So make sure you're tapping, hit the link in the description.
- 54:50[SPEAKER_00]: I am Ash Cash, make sure you visit me.
- 54:52[SPEAKER_00]: I am AshCash.com, follow me on all social media platforms.
- 54:56[SPEAKER_00]: At I am Ash Cash, make sure you share this, right?
- 54:59[SPEAKER_00]: Specifically with those two groups that talk about.
- 55:03[SPEAKER_00]: If you have a young person,
- 55:05[SPEAKER_00]: How do you share this show with them?
- 55:07[SPEAKER_00]: And if you have somebody who is a little older and trying to figure things out, how do you share this show with them?
- 55:13[SPEAKER_00]: And make sure you follow inside the vault, or social media platforms act inside the vault.
- 55:19[SPEAKER_00]: I'll see you next time.
- 55:20[SPEAKER_00]: Same time, same place in God's will.
- 55:24[SPEAKER_00]: Peace.