In this episode of the podcast Fresh & Fit, we have a special guest, Bernhard Behrman. Bernhard is a multi-asset trader and founder of one of the biggest financial technology companies in the world, FTML. He is also the holder of the all-time record holder for the number one spot on the Futures Trading Machine (FTML) list. In this episode Bernhard talks about how he got into trading, how to make money in 2020, and how to win it all.
00:19:24.000Originally you might hear that from my from my accent.
00:19:26.000I'm I'm from Germany, I'm German, but I live in Dubai since 2009, so since more than um 16 years now.
00:19:32.000And um I consider myself uh I'm a full-time trader, but I consider myself a multi-asset trader.
00:19:37.000Um I'm trading everything like stocks, uh futures, FX, and um I gained popularity, I would say, online when I became 2024, the all-time record holder for the biggest uh prop firm in the world, which is FTMO.
00:19:51.000And uh ever since, you know, um yeah, I'm pretty much uh also very much uh uh public figure on social media.
00:19:59.000Yeah, I've seen your videos online, of course, and your interviews, pretty good stuff.
00:20:03.000So listen, man, we had a big upset in the marketplace.
00:20:06.000Um people lost a lot of money in leverage trading uh recently.
00:20:10.000Some committed some uh personal harm to themselves, some you know, quit and just went off into sunset.
00:20:16.000But either way, people were definitely hurt by this uh offset, you know.
00:20:19.000Uh can you tell me a little bit about whether what happened there, why they lost all their money in that instance?
00:20:24.000Well, I mean that's the reason why trading has such sometimes uh a bad rep because people think it's super risky, but it's actually not if you do it professionally.
00:20:34.000And that's the problem because these people who lose everything, usually these are not real traders.
00:20:40.000These are I would consider market participants.
00:20:42.000They don't have real skill because the market is accessible to everyone, right?
00:20:46.000It just takes well 60 minutes to open up a brokerage account, um, and then you use your uh uh visa card and the deposit some money and you can play some trades, but you don't have any kind of skill.
00:20:56.000You don't have any kind of experience, but then you basically can bet all your money.
00:21:00.000It's like going to the casino for these people.
00:21:02.000100% and and that's and that's a big problem when it comes to the financial market.
00:21:05.000So people think oh trading is risky, but actually if you do it professionally, like a um skilled trader, it's actually I would always I would always say it's less risky than any other business because you can always determine what you want to risk.
00:21:20.000You can tell fresh, hey, on this particular trade on cryptocurrency, whatever it is, I want to risk a thousand dollars, ten thousand dollars, five hundred dollars, fifty bucks.
00:21:27.000You determine your risk tolerance, you determine your risk, and that's the maximum you can then actually lose.
00:21:32.000But these people they bet like the house on on it, and then you know when it goes south, they lose everything basically.
00:21:41.000So people watching want to be pros, they want to make money this year.
00:21:44.000Of course, yeah is almost finished, but they want to capitalize on what's happening with the marketplace.
00:21:48.000Now, obviously speaking from your background, how'd you get into trading and how'd you become the number one uh record holder for FTML?
00:21:55.000Well, um I have a normal like I'm a normal dude.
00:21:58.000I have uh I have a I have a uh normal university degree.
00:22:01.000Um I also uh studied a little bit in Santa Barbara at the UCSB.
00:22:05.000Um like an exchange program back in the days.
00:22:09.000Um and after my studies, I immediately moved to Dubai and I got a job, a corporate job in the automotive business at Audi Volkswagen, Middle East, so the car brand.
00:22:17.000I I was working in the in the car sector.
00:22:19.000Car industry, uh car industry, so to speak.
00:22:40.000I'll say this though, Miami does have its uh good points because the culture here, the food.
00:22:45.000Dubai is luxury, but not too much culture that's beyond you know the Arabic world, I would say.
00:22:51.000Well, you have a lot of nationalities living in Dubai as well.
00:22:54.000Like I mean, it's only in Dubai, it's like it's only in Dubai, it's like uh 10% locals, everything else is like experts, like you have like more than British people, yeah, a lot of British people, Germans, like all n all nationalities, like you have more than 190 n nationalities living in Dubai, like and peacefully, safely, right?
00:23:12.000Because it's like a place to do business, and everybody is like wants to wants to do business and do well in Dubai.
00:23:18.000I saw a girl obviously get arrested for having uh well, she was at a party apparently, and it was some I saw the news stuff that I saw the news as well.
00:23:28.000I'm you know, these news pop up randomly.
00:23:31.000I'm not sure if this is like orchestra or if this is like of yeah, so I would not put like I I really don't know, but I see these news as well.
00:23:40.000But um I've never experienced something like that, obviously.
00:23:49.000And then I just had a corporate job, and pretty quickly after a couple of years, I realized that the corporate world is not for me, that I don't want to be like for the rest of my life a slave of my desk, and you know, like have this nine to five grind and have a supervisor above me, and you know, doing like every day the same stuff.
00:24:06.000Yeah, so then I realized well, the corporate world is not for me, so I should better do like my own stuff, right?
00:24:11.000Be become my own boss, you know, become an entrepreneur, CEO, CEO of CEO of my own life, right?
00:24:17.000So um, but no, but seriously, I was like, but I never knew what I wanted to do with my life.
00:24:24.000Um I just knew that at some point in time I caught the corporate world is not for me.
00:24:28.000So I stumbled up on on I stumbled on trading.
00:24:31.000Yeah, and um it it's uh it sounded interesting that you can make money online basically from home and become not only financially independent, but also time-wise independent, and this was at this time more important for me because I was literally working like not 9 to 5, but seven to midnight.
00:24:52.000You know, I had I had no time for myself.
00:24:54.000So the time freedom uh that trading can potentially provide was more valuable for me at this time than the financial freedom.
00:25:02.000Because I always had like um with my corporate job in Dubai, Dubai is also tax-free.
00:25:08.000So money was not free is the best part.
00:25:11.000Here in America, uh, we're taxed very heavily.
00:25:14.000Uh you can get you know, always around it with real estate, buying some heavy cars over six thousand pounds, but technically speaking, it's still our money gotta fork up for taxes.
00:25:24.000So I always had like a decent amount of money, but the money that I made then basically I invested in my trading education.
00:25:29.000So uh I found I found some guys in the in the US, um, some former old school uh floor traders from Chicago Mercantile Exchange and New York Stock Exchange, and I got some trade uh uh training from them.
00:26:06.000Yeah, because I know a couple traders myself that um go into the game and some worked at Target, some worked at you know, uh Home Depot, and they put everything into their uh career from mentorship and they blew it from there.
00:27:03.000On YouTube, and if you ch just type in how to learn trading, I mean it's information overload, like how to find the the real thing, it's really hard.
00:27:10.000The problem I see now is that like I could type into YouTube, Google, and there's so many traders, I don't know who to trust.
00:27:48.000You can go now out and you know, you can make a YouTube channel about trading, and you know, you can sound very articulate and you know you can I'm a trader, guys.
00:27:57.000You can exactly you can sell yourself very well, and then people you know know even less than you, and they're like, wow, this guy sounds smart, so let's buy his program.
00:28:04.000And this is a problem in trading because there's really no accreditation system.
00:28:07.000If if you are like a certified pilot or doctor, then you are one, right?
00:28:11.000You went through university and you know you have certificates and all this kind of stuff.
00:28:15.000When it comes to trading, everybody can call themselves a trader, and this is a big problem in the space, and that's why people taking advantage of that, and that's why it's so hard to find the needle in the haystick.
00:28:25.000And these days it's the needle in the haystick because you know, I would say 95% of the information out there is BS, you know, sorry to say.
00:28:32.000So I started learning uh some trading stuff, some protocols.
00:28:36.000And um it's funny because typically speaking, Wappen, you see people online with nice cars, lifestyle, you're like, wait, what's this guy do for a living?
00:28:47.000But then I'm like, how often do you have to trade versus you show your lifestyle online?
00:28:51.000That's already, you know, for for real traders, for me, this is already a red flag.
00:28:55.000If the marketing is purely based on watches, cars, houses, uh flights, you know, like holidays, you know, like the the high life.
00:29:04.000That's all the biggest like one of the biggest red flags that for me personally, because you know, nothing wrong with having nice stuff.
00:29:12.000I like nice stuff as well, but I don't like push it in like hey, look, I I bought this nice Lamborghini because I made X amount of dollars with trading.
00:30:40.000So the biggest obstacle these days, or not these days, the big biggest obstacle that people usually have when it comes to trading is the lack of capital, right?
00:30:47.000Um so um, but these days you have prop firms, so that's the solution to the challenge, lack of capital, because you have firms, they kind of fund you capital up to 200,000, 300,000, 400,000, up to the much?
00:31:04.000So I can come into this with no money and get 100k, 200k.
00:31:08.000Yes, so um usually it's like you have to you have to pay a little fee, it's not much.
00:31:13.000Like for uh let's assume for a 200,000 dollar account, you have to pay uh a thousand dollars, and with that thousand dollars, you get access to a test.
00:31:21.000It's like a driver's driver's license test, basically.
00:31:36.000Like then you can trade 200k and you can scale up to like a million or even more.
00:31:41.000So at some point at some point I was managing 4.2 million dollars in prop firm capital in in 2024 at some point.
00:31:49.000And then obviously, you know, as a trader, if you say, hey, I make between uh per month one to five percent return per month, you know, then it makes a real difference, right?
00:32:00.000If you fund your own account with a thousand bucks and you make like one percent, it's like what is that?
00:32:04.000It's like ten bucks, it's nothing, right?
00:32:14.000So but if you talk about 200,000 now making one percent, it's like 2K.
00:32:18.000And for a lot of people, that's a lot of money, right?
00:32:20.000Let's talk about the we have to consider the mainstream, the norm, right?
00:32:24.000Yeah, so but and then when it comes to you're trading this fund this funded account, so if you people think, oh, but it's I can lose 200,000.
00:32:33.000No, because there's no real downside, because if you lose money off that funded account, the firm covers it.
00:32:39.000You don't have to cover the money if you lose it.
00:32:42.000And if you make money, there's a there's a there's a profit split.
00:32:45.000So there's like usually it's like 80 20.
00:32:48.000So 80% you uh you keep and 20% the the firm keeps.
00:32:52.000So there's actually that's why I'm I consider myself by by the way, there's no I don't have any affiliation to anything to any firm, nothing.
00:32:59.000Also not to FTMO, obviously, although I'm the all-time record holder.
00:33:03.000Um but I I consider myself a a prop trading ambassador because it's so life changing, because it really like there's no more excuse of I don't have money, because really the only thing is right now, the only thing that you have to do is learn the skill how to trade.
00:33:20.000And then you if you have the skill, you can get funded, and then you know you can make money with like uh funded accounts.
00:33:28.000You can come over here, um, get funding, whether it's the bank or uh a lender that wants to trust you, use that money and create a business to change your life.
00:33:38.000Um but for most people just they just don't know how, you know, for the most part.
00:33:41.000Um so you're telling me I can get into a prop firm, uh leverage their money, make money, and then if I lose, they'll cover it.
00:33:59.000There's the the downside is well, the downside is obviously that people use this not responsibly, that they use this also as a you know, last resort in a way that it's like they're using this as a casino.
00:34:15.000Because you can do these tests, these evaluations as many times as you want.
00:34:20.000You can you can pay for a thousand tests and then you can do even like one more, two more.
00:34:23.000Like you can do as many tests as you want, as many evaluations as you want.
00:34:27.000So they spend all their money on evaluations, they don't have again also no trading skill, no no trading background, no experience, and they just hope for let's pass the test and let's get one big payout from that firm that solves all my problems that I have accumulated throughout my whole life, and then um I'm a I'm I'm a happy dude.
00:34:45.000But you know, this is just obviously also uh misleading.
00:34:48.000So these prop firms make a lot of money because these prop firms make a lot of money by people failing because uh there are a lot of uh uh non-traders participating in these tests.
00:35:01.000I'm thinking to myself, okay, if I get into one of these prop firms and I have a mentor that's actually good in this space, but let's follow their trades when I make a lot of money, just doing that.
00:35:10.000You can potentially do that, yes, 100%.
00:35:12.000So then you could potentially follow me and you know, copy my trades.
00:35:16.000So then what's the one one downside, bro?
00:35:20.000Because I this sounds too good to be true.
00:35:22.000Yeah, I mean, um maybe the downside if you want to have a downside, but it's not uh it's not a prop trading downside, it's more like a regulation downside.
00:35:30.000Because there are no regul right now in that space, also in a prop trading space in the whole trading space, there's almost no uh regulation.
00:35:36.000So and it's quite quote unquote easy to open up a prop firm.
00:35:40.000Almost everybody, if they have a little bit of capital, um, can open up a prop firm.
00:35:46.000And um, so there's no these there are a lot of prop firms out there, they're not really backed by capital, so they might not then if you make money with them, they might not pay you out.
00:35:58.000So you should not jump on every single jump on every single prop firm.
00:36:02.000Yeah, so it's not the it's not a fault of props prop trading per se, because prop trading per se is has no downs, really no downside.
00:36:10.000Yes, that the problem is that there's no regulation, and that's why you have a lot of bad apples in that industry still.
00:36:16.000Two years ago it was even worse, but now it's like kind of the the space is cleaning it up a little bit more because people are more aware.
00:36:24.000Um but you should always stick to the biggest prop firms out there, and then you should uh do pretty well that's been there for a while.
00:36:48.000If I get into space, I get a mentor, and I get a proper firm.
00:36:51.000I'm better off than just do it myself, of course.
00:36:54.000What if uh people did this instead of doing the leverage trading they did a lot of money?
00:36:59.000For example, how would that help them to not lose all that money?
00:37:03.000Yes, I mean I've not traded my I've not traded my I've not touched my own money since I went into prop trading 2022.
00:37:09.000Ever since I've never never touched my own money.
00:37:12.000Um because it's why would you why would you touch your own money if you if you if you can leverage prop firms?
00:37:18.000By the way, prop firms are also left, it's also uh leverage trading.
00:37:21.000But again, you can do leverage trading responsibly as well.
00:37:24.000Um and if you're skilled, you do it just if you if this is your profession, if this is your sole income, um you better trade like your life depends on it, you know.
00:37:34.000Yeah, so you're saying in nutshell, take it take it from a professional standpoint, don't just wing it and try to figure it out.
00:37:41.000Don't don't don't don't don't use prop firms as uh uh you know lot a lot of people have this uh uh slot machine um mentality slot machine mentality test after test after test and hoping for the quote unquote checkpot, right?
00:37:55.000But that's not that's not sustainable, and you know, usually this doesn't work.
00:37:58.000Okay, somebody watching right now, they're at home right now, they got like to your name 2K.
00:38:20.000And it's hard to find somebody somebody legit because 95% of the stuff out there is really like pure BS.
00:38:28.000Um but generally speaking, they should find somebody who has some credible results, who has some uh maybe a lot of prop firm certificates because you know once you get paid out.
00:38:39.000So for me per personally, so when I was awarded the all-time record holder for FTMO, the biggest prop firm in the world, I got a certificate, right?
00:38:46.000I was like promoted on their on their Instagram.
00:38:48.000Yeah, received I have receipts, kind of real certificates.
00:38:51.000And even like when I when you get a payout, a monthly payout, be buy uh any any any payout, you get a certificate, they're like QR codes on it, you can scan it, and you see that as third-party verified, they're legit, like wow, this person can make money consistently in the market.
00:39:07.000So look for look for um traders that have like these kind of certifications that are verified in the market, not just showing their mobile phone and you know, just hey, look at my results and stuff like that, right?
00:39:19.000And then there are multiple red flags if you see people on in if you see these traders uh flashing, you know, uh expensive cars, watches, holidays, whatnot, then it's already like uh maybe you should better run, right?
00:39:30.000Yeah, because uh this is how you should get started.
00:39:32.000I see people online for sure uh fudge some numbers just to make it look better on the uh screenshots.
00:39:46.000And this also like the scammers, fellas.
00:39:51.000That's why we you know it's funny because we have this internal joke in in our office in Dubai.
00:39:56.000We have a trading floor, so we have uh a lot of people there, and we have this uh joke we call them the Miami scammers, you know.
00:40:02.000It's like uh no, but it's actually it was a uh a cool PR gag and and it's uh because at the end of the day, I was very small back in the days, still I had 5,000 subscribers or so, and this was a very I don't I don't say names, but this was a very um prominent prominent, you know, trader from Miami on YouTube, on social media, everybody thought he's legit.
00:40:26.000And he actually what he did, he took one of my FTMO payouts, he removed my name.
00:40:32.000Wow, he put his name on it, but he forgot to to to remove the QR code.
00:40:37.000And then he po exactly what the fuck And then he posted it on his Instagram stories, like showing off, hey, I made 60k this month.
00:40:46.000I'm the I'm the I'm the master trader.
00:40:49.000And then people were scan like seeing if this is true scanning the QR code and it led to my page.
00:41:04.000And for that reason, because I was so pissed personally that he did that, He stole my my my payout certificate and promoted like himself with that payout certificate.
00:41:13.000That I opened that I opened up X. I made an X account just for that.
00:41:17.000And this I made a I I called him out on X. This was my very first post on X, and this went viral, half a million views or so.
00:41:25.000And this like was good PR at the end of the day, then people you know got to know me.
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00:43:13.000So um we won't say the person's name, but uh no, but people can find though if they want to if they want to find out that it's easy to find out, I guess.
00:43:20.000Yeah, you can go on your on your Twitter.
00:43:30.000Okay, so uh back to what's happened now with the marketplace, right?
00:43:33.000Trump's tariffs are coming down pretty hard on most people, and people are scared to invest money right now.
00:43:38.000Uh is it gonna affect trading at all, you think the tariffs?
00:43:41.000No, in general, I would say let me answer this question more more in a general way.
00:43:47.000Um all these news, what they do is they just accelerate price.
00:43:52.000Um for us professionals, they create volatility, liquidity, and wall especially volatility in the market, but it just you know makes the market move in the direction the market would have gone anyway, but just maybe a little bit faster.
00:44:06.000So I wouldn't worry when it comes to retrading, it's about following uh following an objective set of rules, and this objective set of rules will never change regardless of what what what news are out there.
00:44:18.000So if you're professional uh trader, then you don't have to really worry because all of this tariff stuff and news and Trump and tweets and whatnot is very subjective.
00:44:30.000It's based on like how you interpret it and like um so there's no for me as a professional trader, there's really no it doesn't make any sense to kind of incorporate this in my in my trading because this would uh remove the objectivity from my trading strategy.
00:44:47.000Okay, and let's say I'm new to this uh trading game as well.
00:44:50.000Crypto, like stocks, what should I actually trade to make the the most money you would say?
00:44:54.000Uh well I as I said in the beginning, I consider myself a multi-asset trader, so trading everything, and because there's something like the power of multi-asset correlations, so I would always learn everything.
00:45:08.000Eventually you don't have to because they kind of uh markets are correlated and they kind of influence each other.
00:45:14.000So it's very good if you start learning everything.
00:45:18.000But especially in the prop trading space.
00:45:20.000Um so when it comes to prop trading, there's you should well if you want to give go that route to go into prop trading, then you should start forex or futures because this I mean there's also uh prop firms for stocks, but prop trading became very very popular in the FX space.
00:45:40.000But and and I have to say forex doesn't mean that you only trade currencies, you can trade equity indices like Dow Jones, Nasdaq, you can trade commodities on FX as well.
00:45:49.000So FX doesn't necessarily mean hey, I you have to trade only currencies, you can trade all markets in the FX space as well.
00:45:55.000And so yeah, so if you want to go that prop trading route, you can do um FX or futures, right?
00:46:02.000So right now there's a government shutdown and uh it's been about a couple of days where people are not getting paid.
00:46:07.000Uh they're pretty much at a standstill.
00:46:09.000Uh they can go to work for the most part, but they won't get paid.
00:46:12.000Uh so someone is not working right now that needs to make some income.
00:46:15.000How fast can they make money right now?
00:46:19.000Is it like a couple weeks, uh a month?
00:46:22.000So everybody who I have to say again, and this is also a red flag.
00:46:25.000Everybody who tells you, hey, you can become a trader or make money in like X amount of days, week, month is most probably a scam because you cannot put a time frame behind to be honest.
00:46:36.000Because it's it's it's so it's so individual.
00:46:40.000Like, are you are you the single are you the single mom who has two kids and has a full-time job and barely has any time to study trading?
00:46:48.000Yeah, or are you like the the bored student who has all the time in the world, you know, and access to technology and stuff like that.
00:46:57.000But I would say if you do it really on in a professional way, you have to give it at least twelve months, a whole year to like see some real long term consistency and not go just in for the checkpoint for the for the checkpot for the quick win in the casino, right?
00:47:15.000So I would say twelve months, twelve months if you do consistent training.
00:47:18.000See, that's real because I've had people come and say you can learn in a month or two, make some money, but everyone that I've seen work with them left and says bad things because as I said, red flags.
00:47:30.000Because this takes time and also it's an emotional game.
00:47:32.000If you're too focused on getting money now, you may mess up and make some mistakes along the way as well.
00:47:37.000Yes, and people have to understand like trading, as we also established, trading is a is a profession like any other profession in the world.
00:47:44.000So which profession you can learn in like weeks?
00:47:46.000Does any profession exist profession this take ages to learn, right?
00:47:50.000Trading you can do maybe in a little bit of smaller time frame, but it still takes a lot of time and dedication and commitment and people like and that's you know I'm you have to fight against like all the social media crowd who who is saying, Hey, take my seven days course and you become a trader and that's you know complete complete BS because that's not the reality.
00:48:33.000No, they have to have a realistic mindset.
00:48:35.000So people have to have a realistic mindset, consider trading.
00:48:37.000So if you start trading now, fresh, if you are like an entrepreneur in trading, right?
00:48:42.000And you're running a startup basically.
00:48:45.000But it's a startup because it's a small business, because you're not yet, you know, uh profitable and and professional in that in that profession.
00:48:52.000So it just takes time, like in any other profession.
00:48:54.000So people have to have that really entrepreneurial uh professional mindset when they wanna s get into trading.
00:49:01.000And there's again, there's really no shortcut.
00:49:05.000And when it sounds too good to be true, most of the times it is too good to be true.
00:49:10.000You have already the prop firms that help you getting funded.
00:49:13.000But to make this to make like some kind of sustainable income from these prop firms, you have to be skilled.
00:49:56.000They they go into crypto, they're buying a shit cone, shit coin, they hope for like the thousand eggs that solves all their problems that has accumulated over their entire life.
00:50:38.000I started, you know, trading stocks in the very beginning, then I went into futures, and then because of prop trading, um, I went into FX.
00:50:46.000Um so but I never really traded crypto uh myself.
00:50:50.000Uh but eventually, regardless of once you have a chart, you can trade every chart, whether it's like any kind of, you know, uh whether it's Bitcoin, Ethereum, or any kind of you know, other altcoin altcoin or any other market like the Euro dollar, Dow Jones, gold, you can trade them the same way.
00:51:09.000If you have a strategy, if you have a uh consistently working strategy, you can just look at the chart and you can analyze the chart and you can place the order regardless of what market it is.
00:51:35.000And uh I have some friends, Charlie Miguel, shout to them, uh crypto mindset, and they say BTC and Ethereum is what you should focus on.
00:51:43.000All the rest are kind of like you know, up in the air, but BTC and Ethiopia what they invest in for the most part.
00:51:49.000Yeah, I I would um agree because everything else is anyway following in uh like broadly speaking, is f is very much correlated.
00:51:58.000So if if if uh Bitcoin tomorrow dumps 20%, there's no other crypto that goes up.
00:52:04.000You know, all of all of the stuff goes down.
00:52:06.000And it's similar to the equity indices, you know, if the if the Nasdaq tomorrow drops five percent, you have the entire stock market crashing.
00:52:14.000So let's say I'm watching the show and I want to get into trading.
00:52:17.000I've seen where like you're 100% legit, you're doing your thing.
00:52:20.000What am I gonna learn from you versus other people?
00:52:23.000Yeah, I I'm not a fan of promoting myself, you know, and and and just people can always, you know, check and I always say, hey, check out my YouTube channel.
00:52:31.000I've also these days 150,000 subscribers.
00:52:33.000Yeah, a lot of lot of I pro I I uh provide a lot of free value, like whole strategy courses on YouTube.
00:52:41.000Um check out my YouTube, and if you like it, then you can go further.
00:52:44.000But I always say, hey, check out my YouTube, that's it.
00:52:46.000It's funny because uh in Dubai, there's a lot of like big ballers there.
00:52:50.000And I know Miami has some balls too, but the real money I think is not Miami.
00:53:10.000I'm you know, I have my own circle, I have my own trading bubble, you know.
00:53:14.000Um yeah, I'm I'm I'm not a huge fan of this whole like flashy flashy show off, you know, it's not there's usually nothing tangible for me personally.
00:53:23.000Well you're not black, so it makes sense.
00:53:27.000You know, the mindset is uh, you know, that type of stuff.
00:54:02.000People have like also misconception about Dubai because they think it's the Middle East, it's desert, it's camels, it's like nothing there.
00:54:07.000But it's it's like really like it's like Miami, basically.
00:54:11.000So Burn, listen, man, let's keep it real with me.
00:55:30.000So it's kind of the nice transition from hectic Dubai, flashy Dubai to go to an island and just chill.
00:55:37.000So last night I was with academics and a famous rapper, I won't say his name, and we're at this mega mansion house, and it's funny because the guy was like, I went to Bali, and he was stayed, he was supposed to stay there for like five days.
00:58:01.000But like, what's your like day-to-day like routine?
00:58:03.000Yeah, no, um, my day-to-day day routine is basically on the weekend, I do my analysis on all the markets, and then I place my trades during the week, which takes me 15 to 30 minutes.
00:58:13.000Um that's why I'm running multiple trading related businesses as well.
00:58:18.000And you know, I have a lot of time on my hands right now on that world podcast tour.
00:58:22.000Um, I was uh two weeks, three weeks ago, I was in Colombia and Medellin.
00:58:26.000Um, I'm gonna say this right now, brother.
00:58:30.000That spot bro, for the hoes is Columbia.
00:59:47.000So I always like to get from people that are older than me some advice because I'm 33, I'm learning as well as time goes by what I should focus on, become a better man.
00:59:57.000But as an older guy yourself, what would you say is for someone that's 20s and 20s, 30s watching that you learned about life?
01:00:05.000Um definitely it's it's a lot about being disciplined, regardless of what you're doing.
01:00:12.000Um for me, it was always um I'm I'm I'm 42 years old.
01:00:17.000Um I'm I'm training in the gym since I'm 18.
01:01:02.000No, no, I'm doing a lot to do, like dive-wise, gym-wise.
01:01:05.000You know, I live in that lifestyle as well.
01:01:06.000It's very important to like uh stay mentally fit and also like uh having like a great performance on a daily base, like whatever I'm doing business-wise, um, also when it comes to exercise or gym.
01:01:18.000Um but so being disciplined in whatever you're doing is like very important.
01:01:24.000And for me, it was always more about not chasing the money, but actually rather getting detached from money, and then you know, if you just follow a process, then you know, money will follow automatically because money is at the end of the day at the at the end of the day, just the result of following any certain process that works, right?
01:01:43.000So um, so for me it was getting detached from money and you know, being like disciplined, and then everything just follows through.
01:02:56.000And keeping it real is important because most traders I see today are just flexing lifestyle with no real actual receipts and that just goes to show people will fall over this because it looks good.