Fresh & Fit - December 08, 2025


Most Men Will Never Be Rich—Here’s The Harsh Truth About Investing


Episode Stats

Length

1 hour and 33 minutes

Words per Minute

167.36786

Word Count

15,568

Sentence Count

1,622

Misogynist Sentences

9

Hate Speech Sentences

15


Summary

In this episode of Money Mondays with Cam Bassani, we talk about how he got his start in trading and what it takes to become a high-level trader. We talk about what it took him to get to where he is now and how he is able to make a lot of money in the crypto space.


Transcript

00:12:32.000 And we are live, guys.
00:12:33.000 Monday Mondays with Cam here about trading.
00:12:36.000 Let's get into it.
00:12:36.000 Let's go!
00:13:28.000 Welcome to Fresh Your Podcast, man.
00:13:28.000 What's up, guys?
00:13:29.000 We are here with Cam.
00:13:30.000 We're going to be talking about trading and making some money.
00:13:32.000 It's Money Monday, as you guys know, helping you guys out with not being a brokey.
00:13:36.000 Any updates at all?
00:13:39.000 We're going to go to MFS.
00:13:41.000 Yes, we will be in Phoenix, Arizona for America Fest with Turning Point USA.
00:13:46.000 I'll be there.
00:13:47.000 I got a big debate set up with me and Andrew Wilson.
00:13:50.000 We're going to be debating Destiny and Adam Mockler.
00:13:52.000 It's probably going to be the biggest debate there for sure.
00:13:55.000 And yeah, we'll be there.
00:13:56.000 So if you guys are going to be in Phoenix, Arizona for Amfest, you know, come up, say what's up.
00:14:00.000 It's going to be a good time.
00:14:01.000 Going to be doing debates and everything else like that.
00:14:03.000 So walking around, meeting people, shooting some stuff.
00:14:05.000 I think Sean will probably be there too.
00:14:07.000 Cool.
00:14:08.000 From Digital Sean Kelly?
00:14:10.000 So that'll be good.
00:14:10.000 Yes.
00:14:10.000 Cool.
00:14:11.000 Are you going to go too, or are you going to do the other stuff we're talking about?
00:14:14.000 But late, if I can get this done before.
00:14:17.000 We'll talk about later.
00:14:18.000 But enough about me, Myron.
00:14:20.000 Guest I'm on it today is Cam Bassani.
00:14:22.000 Welcome to the show.
00:14:27.000 So, Cam, like I said before the show, we find guests that money Mondays that are unique, special, have a lot of value to add, and you, my friend, have a lot of value.
00:14:36.000 So, we know who you are, but they may not tell who you are.
00:14:40.000 Yeah.
00:14:41.000 So, originally from the Silicon Valley home of tech innovation, had a long career in corporate tech and kind of realized that I was doing two things that didn't fit with my future or what I wanted to be my future.
00:14:54.000 One, trading time for money.
00:14:56.000 Two, being tied to a specific location being the Bay Area.
00:15:00.000 Because as you know, I'm not sure if you guys know this, but it's just like Miami, if not worse.
00:15:04.000 Quarter million a year is middle class and tight middle class.
00:15:09.000 So, if you want a Benz, if you want a nice house and not a cottage, you got to get more and more.
00:15:15.000 And then, when you do get more and more, it's the lifestyle just isn't there.
00:15:20.000 And I'll be honest, Miami is a little fast for me.
00:15:22.000 I'm more like, you know, I like San Diego.
00:15:25.000 So, that's where I want to end up.
00:15:26.000 But ever since I learned how to trade from ex-Goldman Sachs traders, some other Wall Street guys that are now part of my team, I was able to move.
00:15:35.000 And that was the biggest thing.
00:15:36.000 Now, I live in Dallas, Texas.
00:15:38.000 My girl dances for the Mavs.
00:15:39.000 Life is really good.
00:15:40.000 We have a huge house, and it's because we can actually afford to.
00:15:44.000 How long did it take to learn trading to get to this point?
00:15:48.000 So, my first exposure to trading and just like any sort of strategic investing was 2018.
00:15:53.000 So, 2018, I had my first fintech job, so in tech, but financial tech.
00:15:58.000 I was a company called Veeam.
00:15:59.000 You can look it up.
00:16:00.000 Google and Goldman Sachs invested like 100 million in them.
00:16:04.000 And my sales manager told me to do a couple things.
00:16:07.000 One, he taught me how to trade options.
00:16:08.000 And that was the first style of trading that I learned.
00:16:10.000 And we could do it at work.
00:16:11.000 So I was like, okay, this is part-time.
00:16:12.000 This is cool.
00:16:13.000 I'm just following his trades.
00:16:14.000 It's working.
00:16:14.000 Second thing, crypto.
00:16:17.000 So 2018, Bitcoin was 4K-ish, hovering.
00:16:22.000 He said, buy as much of this as you can.
00:16:23.000 Everyone's going to call you an idiot.
00:16:25.000 And you're going to laugh in five years.
00:16:26.000 That's exactly what happened.
00:16:28.000 Wow.
00:16:29.000 So how long did it take for me to learn?
00:16:33.000 I mean, I've been learning since 2018.
00:16:34.000 I'm still a student of the game.
00:16:36.000 I just have connected with really, really high-level guys and high-level traders over the course of time.
00:16:43.000 And now I built a team around me where I know who to follow and I know who's legit.
00:16:47.000 And that's my company.
00:16:49.000 You know what's scary about trading as well?
00:16:51.000 So many gurus or so many like, you know, core sellers where I don't call them names, but you know, they have a lot of marketing out there, but they're not the real deal.
00:16:58.000 They sell you some, you know, put together course and say, hey, here you go.
00:17:03.000 Be like me with these cars, all this stuff.
00:17:05.000 Bugattis.
00:17:07.000 So in your opinion, how would you know someone's legit in the trading space and who's fake?
00:17:11.000 How would you know?
00:17:12.000 I mean, I'm not prepped for this.
00:17:14.000 And I think it's kind of bad luck to like show your money, for lack of better terms.
00:17:19.000 Not worse.
00:17:20.000 But like, I don't know if, can they see this?
00:17:22.000 I think we can actually zoom in on that.
00:17:25.000 Yeah.
00:17:27.000 Slowly smoke.
00:17:28.000 It's really the only way to like show, you know, hey, I'm not capping.
00:17:31.000 Like here.
00:17:32.000 And by the way, this is cash buying power.
00:17:33.000 So if you actually zoom in, you'll see it's not on margin.
00:17:35.000 So I'm not, I'm not borrowing any funds.
00:17:37.000 This is just my cash Robinhood account, no margin.
00:17:42.000 And for those of you that don't know, margin means you're borrowing money from Robinhood to make higher leverage trades.
00:17:46.000 Now, I do trade leverage, just not on Robinhood.
00:17:48.000 We can talk about that as we get into the technicals.
00:17:50.000 But in terms of Robinhood, I swing trade and I swing trade cash.
00:17:54.000 Okay.
00:17:54.000 So because I know we might have some people here that aren't as financially inclined.
00:17:58.000 Can you kind of go over what trading is?
00:18:01.000 What some of the terminology is a quick little intro for people, Crash Course.
00:18:06.000 The different types of trading.
00:18:06.000 So what is trading?
00:18:08.000 And then some of the terms you mentioned, like you mentioned, leverage, et cetera, buying power.
00:18:12.000 So there's levels to just investing your money, right?
00:18:15.000 In the market in general, right?
00:18:17.000 There's your 401k, which is when you go work for a company, you're going to give your money to your company's 401k plan.
00:18:22.000 And what they're going to do is take riskier, more strategic moves with it and then kick you back 4% a year, right?
00:18:28.000 So they're basically ripping you off with arbitrage because they know you're stupid or you're not going to work with anybody or you just want to work your job and get a paycheck.
00:18:35.000 That's level one.
00:18:36.000 Level two is the S ⁇ P 500.
00:18:38.000 If you don't know what the S ⁇ P 500 is, here's what it is.
00:18:38.000 Cool.
00:18:41.000 It's basically a group of 500 companies that make sense to invest in.
00:18:47.000 You invest in all of them at once.
00:18:49.000 It's called an index fund.
00:18:51.000 And you make six, maybe 8% a year after inflation.
00:18:55.000 Not going to get you rich.
00:18:56.000 The reason why rich people do that is because they're trying to preserve their money and just like fight against inflation until they have something better to do.
00:19:04.000 Third level, buying individual stocks, Tesla, NVIDIA.
00:19:08.000 You can buy shares of companies.
00:19:10.000 If I put $10,000 into NVIDIA in March and waited till like May, I probably would have made like $1,300, which is not a lot, once again.
00:19:22.000 The next level is swing trading.
00:19:24.000 What that means is you are predicting what's going to happen to a stock by a certain date.
00:19:29.000 Okay.
00:19:29.000 So instead of saying, hey, I'm buying NVIDIA stock and it's going to go up and making $1,300 by putting $10,000 up, why not put $10,000 into a swing trade, which basically means, hey, I'm predicting NVIDIA is going to go to $300 a share by this date, whatever date.
00:19:47.000 We've done a trade like that and we made 200%, which means we did a very good job.
00:19:53.000 Okay, so I'm trying to dumb this down and make it simple.
00:19:56.000 The next level, and this is not necessarily better, but it's just more strategic traders are doing this once they get comfortable with swing trading is leverage trading.
00:20:07.000 Now, there's two ways you can trade with leverage.
00:20:11.000 Margin, which is what I showed you in the Robinhood, I don't have any margin.
00:20:14.000 Margin means Robinhood will give you money to trade with, but you have to have money in your account as collateral.
00:20:21.000 And if you lose, you can blow the whole thing.
00:20:23.000 Very risky, unless you're really fucking good.
00:20:26.000 Now there's a less risky way to trade with leverage.
00:20:28.000 It's called prop firm capital.
00:20:30.000 Prop firm capital means the prop firms are companies that basically give the best traders in the world money to trade with.
00:20:37.000 You have to be really good, but they'll give you 50, 100.
00:20:39.000 Me and my partner have four and a half million from prop firms.
00:20:42.000 That doesn't mean it's in our accounts.
00:20:43.000 That doesn't mean we can just take it and run.
00:20:45.000 It means we can trade with it and make very aggressive swings with no risk.
00:20:51.000 Why no risk?
00:20:52.000 Because if we lose, they just take their money back, but we don't owe them a damn thing.
00:20:56.000 And people are like, no, too good to be true.
00:20:58.000 Look it up, right?
00:21:00.000 It's just an industry of its own.
00:21:03.000 I've never heard of it.
00:21:03.000 So yeah, that's how you're doing.
00:21:04.000 You've never heard of prop firms?
00:21:05.000 Well, yeah, like as far as like getting that money to be able to, if you're that good, I guess.
00:21:10.000 Because it's an invitation.
00:21:10.000 Yeah.
00:21:11.000 Sure.
00:21:12.000 It's like top 1% of traders get prop firm capital.
00:21:15.000 0.0001% actually are profitable with the bread and scale their accounts to 500K, let alone four and a half million.
00:21:22.000 It's like the Amex Black card.
00:21:23.000 It's like you got to get invited.
00:21:25.000 Yeah.
00:21:26.000 Once you get in, you're an elite class and they let you kind of do what you need to do with it.
00:21:30.000 You got it.
00:21:30.000 So those are the levels.
00:21:32.000 I guess, yeah, what questions can answer?
00:21:34.000 That was a good breakdown.
00:21:36.000 So when it comes to day trading and swing trading, is there a difference?
00:21:40.000 What is the difference, if any?
00:21:42.000 Yep.
00:21:43.000 Swing trading means you're buying on one day and selling on a completely different day.
00:21:47.000 Day trading means you're buying and selling on the same day.
00:21:50.000 Okay.
00:21:50.000 All right.
00:21:51.000 So if I'm a beginner, right, obviously Cam, you're doing pretty well for yourself.
00:21:54.000 Where should I start?
00:21:55.000 Should I swing trade first?
00:21:56.000 Should I day trade first?
00:21:58.000 How should I get this process like set up?
00:22:00.000 So here's how I did it.
00:22:01.000 If you have a job and you're really busy, you're going to get eight alive if you day trade.
00:22:08.000 You're definitely going to get eight alive if you try to do the prop firm thing that I just talked about.
00:22:12.000 Swing trading is very part-time.
00:22:14.000 And that's what I learned first in 2018.
00:22:18.000 Because you buy now, sell later.
00:22:20.000 Buy now, sell later, but more strategically instead of just buying shares, you're making predictions.
00:22:24.000 So I can buy today and I can sell three months from now.
00:22:28.000 That's what I was going to ask next.
00:22:29.000 What makes it like a difference between buying and holding?
00:22:32.000 Is you're basically holding it for less than a year.
00:22:35.000 Say that again?
00:22:36.000 Because I was going to ask, what's the difference between a swing trader and then someone that's just like buying and holding?
00:22:40.000 Yeah.
00:22:40.000 Oh, yeah.
00:22:41.000 Somebody's saying three months later, you can sell and you're still considered a swing trader.
00:22:44.000 Yes.
00:22:45.000 So buying and holding means you're actually buying shares, which means I go on Robinhood and say, I want to put $10,000 into NVIDIA, a stock.
00:22:54.000 Swing trading means I'm doing a specific prediction, meaning NVIDIA $300 call, expiration June 18th, 2026.
00:23:05.000 That means to beginners, NVIDIA is going to go to $300 a share by latest June 18th of next year.
00:23:11.000 Now, I don't have to wait that long.
00:23:14.000 That's the power of options.
00:23:15.000 You have the option to sell anytime before that expiration date.
00:23:19.000 Gotcha.
00:23:20.000 I'm making money along the way.
00:23:21.000 So if my prediction is going correctly, meaning it doesn't have to get to $300, but as long as it's going correctly, I'm making profit.
00:23:28.000 Wow.
00:23:29.000 That's the difference.
00:23:30.000 So that's a part-time process because if I buy on Monday, I don't have to monitor the shit every day.
00:23:34.000 So the big difference between someone that's buying and holding and a swing trader is the guy that buys and holds can hold it forever.
00:23:39.000 It doesn't matter.
00:23:40.000 But when you buy on a swing, you're making a prediction.
00:23:43.000 There's an end date.
00:23:44.000 There's an end date.
00:23:45.000 Yeah.
00:23:45.000 So that's the difference.
00:23:46.000 And the way you said it, though, not to not to make it sound negative, but it was a little negative, but you didn't mean to do it.
00:23:51.000 The positive of it is you're making a specific prediction.
00:23:54.000 So the market rewards you for that.
00:23:55.000 There you go.
00:23:56.000 Yeah.
00:23:56.000 Yeah.
00:23:57.000 And that's really important because, you know, a lot of people get kind of hung up like, oh, what's the main difference?
00:24:01.000 So with the swing trading, you have a purchase date and then an end date.
00:24:04.000 With buying and holding, you don't have an end date.
00:24:06.000 No.
00:24:08.000 So speaking of mistakes, what is the number one mistake people make when it comes to trading, you'd say, in the industry?
00:24:14.000 Seeing a trading strategy that doesn't make sense for them and doing it.
00:24:17.000 So like I said, if I had tried to day trade while working for Veeam, I would have lost money.
00:24:26.000 Tons of money.
00:24:27.000 Because I can't monitor while I'm in a meeting or on a sales call.
00:24:29.000 Really?
00:24:30.000 Think about how.
00:24:32.000 So how are people offering this as a part-time thing then?
00:24:35.000 Who's offering day trading as part-time?
00:24:37.000 Hey, man.
00:24:37.000 I won't call no names, but you lost your mind.
00:24:41.000 You've lost your mind.
00:24:42.000 Okay, guys.
00:24:43.000 By the way, we're going to do the phone lines as well for you guys to call in.
00:24:45.000 Yeah, that's kind of questions live because Cam is one of the guys that I trust in industry.
00:24:50.000 So Cam, real quick, let's just talk about this from a point of view of most people that want to get to trading, right?
00:24:56.000 How did he even start?
00:24:57.000 Because I know a guy who worked at Target.
00:25:00.000 He's famous now, celebrity now.
00:25:02.000 And he started from working at Target, his regular job.
00:25:04.000 How does someone start from there to get to the next level?
00:25:09.000 Okay.
00:25:09.000 So the first thing is understanding where you are with your budget and what you can do with it, right?
00:25:15.000 This is not house flipping.
00:25:16.000 You can't do it with no money.
00:25:17.000 You need money.
00:25:18.000 And nothing wrong with house flipping.
00:25:20.000 Like you can do other things with no money too, apparently.
00:25:22.000 But you need to know where you're at.
00:25:25.000 So if you work at Target and make, I don't know what minimum wage is.
00:25:30.000 Let's say $8, $7, $9.
00:25:32.000 Where?
00:25:32.000 No, it has to be $15, right?
00:25:34.000 Oh, yeah.
00:25:35.000 Is it higher now?
00:25:36.000 In SFC, every state has drastically different minimum wages.
00:25:36.000 I don't know.
00:25:39.000 Oh, because every state is different.
00:25:40.000 It's higher because their cost of living is higher too.
00:25:42.000 In California?
00:25:43.000 In San Francisco specifically.
00:25:45.000 That's like getting closer to like 20.
00:25:46.000 Yeah.
00:25:46.000 Yeah.
00:25:47.000 Okay.
00:25:47.000 So let's just say you're making minimum wage wherever you are, which is not great.
00:25:52.000 If you only have $500 to $1,000, you're going to have a hard time making money in the market because you just don't have enough.
00:26:00.000 So you have a couple of options.
00:26:02.000 One, you can take a risk and go the credit route and get some credit, liquidate it into cash, put it in your Robinhood.
00:26:10.000 That's risky, but I did it.
00:26:12.000 And that's how I was able to make bigger trades because I had money and I had 0% interest for two years.
00:26:17.000 So I had time to pay it off.
00:26:19.000 That's something we can help you do as well if that's who you are.
00:26:22.000 Because with any credit cards is a great way to start.
00:26:24.000 If you know what you're doing, if you know what you're doing.
00:26:25.000 So people sit on credit like it's a flex.
00:26:28.000 Like I have an 800 credit score.
00:26:29.000 Cool.
00:26:30.000 Tell your other middle class friends that.
00:26:31.000 Because I've gone from 800 to 650 and I'm rich as fuck.
00:26:34.000 Yeah.
00:26:35.000 So it's like, I don't care what the number is.
00:26:37.000 I care what I'm doing with it.
00:26:39.000 Right.
00:26:39.000 Yeah.
00:26:40.000 So the guy at Target, if he has good credit and doesn't have a lot of cash, he should consider using it because working that job, it's only going to get worse for him because you're not going to make much progress.
00:26:50.000 Unless your dream is to be a target manager, cool.
00:26:53.000 But let's say you're at the next level.
00:26:56.000 Let's say you have some cash, like five to 10K.
00:26:59.000 Most of our clients have five to 10K to play with.
00:27:02.000 And they're like, I'm like, cool, we can get you in every trade and we're going to get you in a decent amount of trades.
00:27:07.000 So we'll win eight, we'll lose two, and it's fucking worth it.
00:27:12.000 So you trade on their behalf.
00:27:12.000 Right?
00:27:14.000 No, no, no.
00:27:14.000 So we cannot legally trade on anybody's behalf right now.
00:27:17.000 We're getting our Series 65 to do that.
00:27:20.000 But they can follow our signals.
00:27:20.000 Okay.
00:27:22.000 So we call a trade, they can come in and do it as well.
00:27:27.000 And then we can, we, by the way, big fucking issue to look out for in the trading world.
00:27:27.000 Yeah.
00:27:31.000 People will tell you when to buy.
00:27:33.000 I'm not going to say names because I don't, maybe I want to network with these guys one day.
00:27:33.000 I know big guys.
00:27:36.000 Yeah.
00:27:36.000 But see, I'm telling you, bro, you get it, bro.
00:27:40.000 I get it.
00:27:40.000 I get it.
00:27:40.000 I've seen well.
00:27:41.000 I've seen it because they, yeah.
00:27:44.000 So, bro, they tell you when to buy and not when to sell.
00:27:48.000 I'm like, oh no, why?
00:27:50.000 Like, you're not confident enough to tell them when to sell?
00:27:52.000 Now you're cooked.
00:27:53.000 We're calling out profits.
00:27:54.000 So we're like 25% return, 50% return, 75% return.
00:27:59.000 Take profits, 100%.
00:28:00.000 We've doubled our money assholes.
00:28:01.000 Stop being a D-Gen, right?
00:28:03.000 Like, we want you guys to fucking eat.
00:28:06.000 Why?
00:28:06.000 Because we want you to renew.
00:28:08.000 It's not that complicated.
00:28:10.000 I think people are looking for a lick in this industry.
00:28:12.000 And it's like, dude, like, just wait till you see what I offer your guys on the show, bro.
00:28:17.000 Like, they're going to have to do it because you'd be a clown not to do it.
00:28:23.000 Yeah.
00:28:24.000 I think something that I really want to bring attention to here.
00:28:26.000 You actually have a financial background.
00:28:28.000 You come from a very reputable world in the finance world.
00:28:30.000 Can you tell us a little bit more about your background and your qualifications coming from that?
00:28:36.000 That world works.
00:28:37.000 It was Goldman Sachs, if I'm not mistaken, right?
00:28:39.000 So I didn't work for Goldman.
00:28:40.000 I worked for a company that Goldman invested in.
00:28:44.000 And that's how I met Goldman guys.
00:28:45.000 Gotcha.
00:28:46.000 My lead trader, Mahul Patel, you guys can look him up, built a futures algorithm for Goldman that netted millions a week.
00:28:53.000 Damn.
00:28:53.000 Okay.
00:28:54.000 He's now building our software because, like you said, you asked if we manage capital.
00:28:59.000 There's two ways we can go about eventually managing capital.
00:29:02.000 One, Series 65 licensed fund.
00:29:04.000 Two, trading algo algorithm.
00:29:07.000 For guys that don't know what that means, it just means it trades for you.
00:29:10.000 We don't have to be licensed to sell an algorithm to consumers and then they can just have the money working for them.
00:29:15.000 But once again, you need money for the algorithm to make sense for it to work.
00:29:21.000 You can't have $500 and expect it for it to make a difference in any sort of trading world.
00:29:26.000 There's no world where that exists.
00:29:28.000 So, oh, talk about my background.
00:29:29.000 Yeah, yeah, yeah.
00:29:30.000 Just so that because the thing is, a lot of people kind of like get into this and they don't actually have a financial background whatsoever.
00:29:35.000 And you know, sure, you can figure it out.
00:29:36.000 But like, you actually do.
00:29:38.000 Yeah.
00:29:38.000 So look up the company Veeam V-E-E-M.
00:29:41.000 FinTech company raised over $100 million from Goldman Sachs and Google Ventures.
00:29:46.000 So Google invested in them, literally.
00:29:49.000 What do they do?
00:29:50.000 They do international payments.
00:29:52.000 So businesses that want to pay, send money from the US to China to their vendors in China.
00:29:56.000 Blockchain allows that to happen.
00:29:58.000 Long story short.
00:29:59.000 I worked there.
00:30:00.000 So I made a lot of valuable connections in the trading world.
00:30:02.000 Like I said, one of them was my manager who was an options trader.
00:30:05.000 He was self-taught, but he eventually introduced me to Goldman guys.
00:30:10.000 And then eventually I met Mahul and Mahul introduced me to more traders that are actually ex-Wall Street.
00:30:14.000 So you can look up Mahul Patel on LinkedIn.
00:30:17.000 You'll see he worked at Goldman Sachs.
00:30:17.000 Go ahead.
00:30:21.000 He's a bro, like I'm connected with the right guys, but I also started in that world.
00:30:25.000 But I'm not going to sit here and act like I traded on Wall Street because I did not.
00:30:28.000 I just learned from guys that actually did.
00:30:30.000 So I know the strategies that hedge funds are using today.
00:30:32.000 Gotcha.
00:30:33.000 Simple.
00:30:33.000 Yeah.
00:30:34.000 Cool.
00:30:35.000 Also, guys, calling the show 646-490-0394.
00:30:38.000 I think we might have the phone lines open now.
00:30:40.000 Get open right now.
00:30:41.000 But yeah, guys, get your number.
00:30:43.000 Calls calls in.
00:30:44.000 As you guys know, if you chat in, you're able to cut the line.
00:30:48.000 But yeah, 646-490-0394.
00:30:50.000 We got a chat here as well, right?
00:30:51.000 And by the way, one thing real quick.
00:30:54.000 People act like they're more than they are, right?
00:30:57.000 So that's why I said I'm not here because I did not physically myself work on Wall Street and trade.
00:31:03.000 I worked in FinTech, financial tech.
00:31:05.000 This roley skydweller is real.
00:31:07.000 This chain is lab diamonds.
00:31:08.000 I don't give a fuck.
00:31:09.000 I'm not going to spend $25,000 on a natural diamond chain.
00:31:13.000 Why would I do that?
00:31:14.000 It looks the same.
00:31:15.000 Yeah.
00:31:17.000 That's real talk, bro.
00:31:18.000 Yeah.
00:31:18.000 Listen, the diamonds, it all looks the same.
00:31:21.000 Lab, natural, same shit.
00:31:24.000 Yeah, I don't even really know the difference between a real chain and a lab.
00:31:29.000 What's the difference between lab and regular?
00:31:31.000 They look exactly the same.
00:31:31.000 Lab just means it's grown in a lab.
00:31:33.000 Natural means it's out of the earth.
00:31:34.000 Yeah.
00:31:35.000 They look the same.
00:31:36.000 So you're paying basically thousands of dollars more.
00:31:38.000 Would a diamond tester still hit it or no?
00:31:40.000 The diamond tester will not, it will still say mine is real.
00:31:42.000 It still.
00:31:42.000 Oh, shit.
00:31:43.000 Here's the difference, right?
00:31:44.000 Just to flex it, say you paid more money.
00:31:46.000 You'll say I have natural diamonds.
00:31:48.000 Yeah, you want to be a rapper?
00:31:49.000 Cool.
00:31:49.000 Go through.
00:31:50.000 Just fine.
00:31:51.000 But you better just get a lab.
00:31:53.000 These rappers don't have 280K in their Robinhood.
00:31:55.000 And by the way, I had 700 at one point.
00:31:56.000 If you look at my page, my Instagram, you'll see I show 700 and I show it moving.
00:32:03.000 Why is it less now?
00:32:04.000 A couple of reasons.
00:32:05.000 One, I took 400 out and put it into some crypto stuff that I'm doing because I know what's happening in that world too.
00:32:11.000 And I just keep like 250.
00:32:12.000 And you trade all commodities, right?
00:32:14.000 You trade crypto, stocks.
00:32:17.000 I trade options on the U.S. stock market.
00:32:19.000 So, yeah, I'm just using the right terminology.
00:32:21.000 You're good, you're good.
00:32:23.000 Options on the U.S. stock market.
00:32:24.000 And I don't trade crypto.
00:32:26.000 I buy and hold.
00:32:27.000 Okay.
00:32:28.000 Yeah.
00:32:28.000 That's fair.
00:32:28.000 All right.
00:32:29.000 Fair.
00:32:29.000 That's what I do too with crypto.
00:32:30.000 I'm like, man.
00:32:32.000 We got Moster Mo.
00:32:36.000 Okay.
00:32:36.000 Says, Mario, with the rate I'm growing in my portfolio, it'll grow to almost a million in six years.
00:32:40.000 Should I do this or also use some cash to invest in a property?
00:32:43.000 And what's up with the dancer girlfriend?
00:32:45.000 His girlfriend's a cheerleader, guys.
00:32:46.000 Not dancer in that way.
00:32:48.000 He said Maverick.
00:32:49.000 Right, you're cheerleader for the Mavericks?
00:32:50.000 Dallas Max.
00:32:50.000 Yeah, she's a cheerleader.
00:32:53.000 Yeah, they thought, like, because we say dancer remind me, they assume like shippers and shit.
00:32:57.000 God damn it.
00:32:57.000 But no, no, no.
00:32:58.000 She's a cheerleader, guys.
00:33:00.000 And then as far as like, okay, it'll grow to a million.
00:33:05.000 I'll grow to a million.
00:33:06.000 Six years.
00:33:07.000 Should I do this or use some cash to invest in a property?
00:33:09.000 It depends what your goal is, bro.
00:33:11.000 Like, the thing is, guys, is like so many factors come in when it comes to real estate.
00:33:14.000 Where are you trying to invest?
00:33:15.000 Are you going to buy it and live in it for a year?
00:33:17.000 Are you going to buy an investment property?
00:33:18.000 How much cash do you have?
00:33:20.000 You know, where do you live?
00:33:21.000 All these different things come into play when it comes to real estate because the way the market is now, you do have to be a bit more intelligent with purchasing homes and make sure that you underwrite it where you're going to actually get a good cash on cash return.
00:33:34.000 But it really depends on the market that you're in, bro.
00:33:36.000 So what else?
00:33:39.000 Yeah, phone lines?
00:33:40.000 Oh, yeah, we could open up the phone.
00:33:41.000 Yeah.
00:33:41.000 Sorry.
00:33:44.000 Well, we have no one in the phone lines yet, but if you want to get in, 646-9-490-0394.
00:33:50.000 Yep.
00:33:50.000 Calling, guys.
00:33:52.000 So, question for you, Kim.
00:33:53.000 So AI is coming very fast.
00:33:55.000 It's a lot of industries.
00:33:57.000 By 2030, they believe it's going to be every aspect of every industry.
00:34:00.000 2030.
00:34:01.000 Is it going to affect trading, you think, in a bad way or a good way?
00:34:04.000 Not in a bad way.
00:34:05.000 Look, people, it's not even about trading.
00:34:09.000 AI is going to affect every industry, good and bad, depending on who takes advantage and actually learns the skills.
00:34:14.000 Right.
00:34:15.000 So like we use, we can use AI to build a copy trader so we can trade 100 Robinhood accounts at once.
00:34:24.000 Like next level.
00:34:26.000 That's fine.
00:34:27.000 We can use AI, which we are right now, to build a software algorithm that mimics our trading strategies.
00:34:34.000 Cool.
00:34:35.000 Like, will it replace people that don't know what they're doing?
00:34:39.000 Yeah, in any industry.
00:34:41.000 Right.
00:34:42.000 I think people get super complex with AI when in reality, it's here to help the people that want to be helped and want to learn the shit.
00:34:49.000 And it's not going to help people that don't want to look into it.
00:34:52.000 That's it.
00:34:53.000 Fair.
00:34:54.000 How do you think, because I've seen other traders have a AI generator where they have a system where it trades for you on your behalf.
00:35:04.000 Is that like good or bad?
00:35:06.000 You think?
00:35:07.000 Once again, depends on the algo, right?
00:35:09.000 Because like, it's like there's good software companies out there where the software works and there's software companies out there where it doesn't work.
00:35:15.000 Like, I think you should get to a certain level of trading before you think of automating.
00:35:21.000 Okay.
00:35:22.000 That's why like for us, we have a, we have an ascension.
00:35:26.000 We start people with part-time swing trading.
00:35:28.000 Hey, you work an engineering job.
00:35:30.000 You work in IT.
00:35:31.000 You work in product, whatever it is.
00:35:32.000 You're a nurse.
00:35:33.000 We have, we have, bro, I have an internal medicine doctor at UNC as a client.
00:35:33.000 We have nurses.
00:35:38.000 He's on call sometimes.
00:35:42.000 So like he, he can only swing trade.
00:35:45.000 He can't actually get to the ascension of day trading with prop firm leverage, like I talked about, right?
00:35:50.000 But that's okay.
00:35:51.000 The point is, we start you somewhere where everybody can do it.
00:35:56.000 Like literally everybody can do it, bro.
00:35:58.000 Like I have security cards.
00:35:59.000 I've sorry, like mentally not like the smartest people.
00:36:04.000 They just have to copy the trades.
00:36:05.000 There's only four buttons you can click on Robinhood, bro.
00:36:08.000 There's the stock, the prediction.
00:36:12.000 So NVIDIA, $300 call, expiration date, June 18th, 2026, just giving an example.
00:36:20.000 Number of contracts you want to buy.
00:36:22.000 What does that mean?
00:36:22.000 We haven't talked about contracts.
00:36:24.000 Contracts just means how heavy you want to invest.
00:36:28.000 So instead of buying shares with stocks, you're buying options, contracts with options.
00:36:33.000 So it's just like, hey, I want to buy five contracts of this.
00:36:36.000 I'm pretty confident.
00:36:37.000 I'm not too sure.
00:36:37.000 I only want to buy one contract.
00:36:39.000 Just think of it that way.
00:36:40.000 So there's only four things you can click.
00:36:42.000 You enter the trade, you wait a few days, you wait a few weeks, whatever we are doing depends on the trade, and then you sell.
00:36:48.000 And selling is only faster.
00:36:50.000 How many contracts do you want to sell?
00:36:52.000 Choose, sell.
00:36:54.000 That's it.
00:36:54.000 Pretty simple.
00:36:55.000 It's one app on your phone, guys.
00:36:57.000 That's it.
00:36:58.000 All right.
00:36:59.000 So unless you want to go to the phone lines here, I was going to ask.
00:37:03.000 Okay.
00:37:04.000 Four lines?
00:37:05.000 Up to you.
00:37:05.000 Go ahead, Martin.
00:37:06.000 No, no.
00:37:06.000 Yeah, yeah.
00:37:07.000 So if somebody, let's say someone's watching this right now, right?
00:37:11.000 They make 60K per year.
00:37:13.000 They're, you know, some type of, they have some entry-level career making 60, 70K per year right now, watching.
00:37:20.000 And they have, let's say, 3,000 saved somewhere tucked away.
00:37:25.000 How should they go about getting into this?
00:37:29.000 I think a full-time job, 60, 70K per year, 3K cash.
00:37:33.000 My risk tolerance is going to be higher than most people that you describe, which is why I'm where I'm at.
00:37:39.000 And that's because of what I've been through in life.
00:37:41.000 The reason I preface that with that statement is because if you have 3K saved and you're making 60K entry-level job, give or take, okay, well, you should start with other people's money.
00:37:52.000 And I don't mean prop firm money in this context because you probably don't have the time because you have an entry-level job.
00:37:57.000 So you don't have time to day trade with leverage.
00:37:59.000 I would get a 0% interest credit card with, you know, right now they're giving out, Chase and Amex are giving out 12 to 24 months, 0%.
00:38:08.000 So you have time.
00:38:10.000 And then I would actually not use that credit card yet.
00:38:14.000 I would do something else.
00:38:16.000 I would go to a WAP vendor like myself who's on WAP and use my financier.
00:38:22.000 Split it.
00:38:23.000 It's through WAP.
00:38:24.000 It's exclusive to WAP.
00:38:25.000 You know what WAP is, right?
00:38:26.000 No, no, no.
00:38:26.000 Yeah, no, I know what WAP is.
00:38:27.000 Guys, for those of you wondering, what is WAP?
00:38:29.000 WAP is a platform that allows, think of it as kind of like a higher level Patreon or whatever.
00:38:34.000 Like you're able to put content behind or create a community on there.
00:38:38.000 So yes, yes.
00:38:39.000 But to make it very simple, it's a payment processor.
00:38:42.000 Yeah.
00:38:42.000 Okay.
00:38:43.000 So I can process payments on WAP.
00:38:45.000 What I can do, though, is use Split It, which is WAP's exclusive financier.
00:38:50.000 What does it do?
00:38:52.000 It can get you more capital.
00:38:55.000 It can get you more capital to trade with.
00:38:57.000 So you liquidate money through me.
00:38:59.000 I give it back to you.
00:39:00.000 And now you're able to fund your Robinhood account.
00:39:03.000 Okay.
00:39:03.000 So would they?
00:39:04.000 So they wouldn't use a credit card then.
00:39:06.000 They would, or would they use a credit card?
00:39:07.000 They don't.
00:39:07.000 They don't.
00:39:07.000 No, no, no.
00:39:08.000 Because Split It, what they do, sorry, I missed a step.
00:39:10.000 You're right.
00:39:11.000 Split it, they match your credit limit.
00:39:14.000 So whatever Chase gives you, look, let's say Chase gives you 20 G's.
00:39:18.000 Yep.
00:39:18.000 You can get another 20 G's from Split It just because they're willing to match whatever you have available on your cards.
00:39:23.000 Now you have 40K.
00:39:24.000 So you really can do whatever you want.
00:39:26.000 But if you want to do other stuff with that 20K or whatever, that's fine.
00:39:30.000 But the point is, like, I give people my resources so they know what they can do.
00:39:34.000 And a lot of people do this because split it is 0% interest too, bro.
00:39:38.000 So you're getting double 0% interest.
00:39:41.000 And how long is there?
00:39:43.000 12 months only.
00:39:43.000 12 months.
00:39:44.000 Okay.
00:39:44.000 So the credit card might be 12, 16, 24 months, but you're doing it through WAP is 12 months.
00:39:50.000 Yes.
00:39:50.000 Okay.
00:39:51.000 And now you have leverage.
00:39:52.000 Now you have power.
00:39:53.000 So now instead of having 3K, let's just say, I don't want to be too risky.
00:39:57.000 Let's start with 10 or even 6.
00:39:58.000 Like I said, most of my clients have 5 to 10K.
00:40:01.000 So start with, I would say, start with 10.
00:40:04.000 And I'm going to just offer this now, bro.
00:40:07.000 And I'll wait till the end.
00:40:08.000 Like, guys, I see all the scam comments.
00:40:10.000 Very funny.
00:40:11.000 It's amazing.
00:40:12.000 What if we do this, though?
00:40:13.000 What if I offer a 14-day trial where you actually come in and take it seriously?
00:40:17.000 And in two weeks, you're going to make money for free.
00:40:19.000 Oh, my God.
00:40:21.000 Who's offering that on the show?
00:40:22.000 It's amazing, right?
00:40:23.000 Because people that actually have results do that, right?
00:40:27.000 Especially in front of an audience like yours that makes sense.
00:40:30.000 Yeah.
00:40:30.000 Well, I mean, and we got the phone lines open, so you guys are going to be able to ask questions as well.
00:40:34.000 Again, 646-4900-394.
00:40:37.000 Well, no, no, it is everything a scam.
00:40:39.000 So, well, yeah, of course.
00:40:40.000 Of course.
00:40:41.000 You were calling these guys a scam until you fell in love, right?
00:40:47.000 Okay, so do you want to hit it, Mo?
00:40:49.000 Yeah, okay.
00:40:50.000 Let's get the first person on the air.
00:40:50.000 Let's go right.
00:40:52.000 We have 8460.
00:40:55.000 You are up.
00:40:55.000 8460.
00:40:57.000 You are up.
00:40:57.000 What's up, man?
00:41:01.000 You there?
00:41:02.000 8460.
00:41:03.000 You're live.
00:41:04.000 We're live.
00:41:06.000 Can you hear?
00:41:11.000 We got no audio.
00:41:12.000 I don't see the coming in yet.
00:41:14.000 But I got audio on the top.
00:41:16.000 It might be them.
00:41:18.000 It's them.
00:41:19.000 Do you guys sell anything?
00:41:19.000 Do you guys?
00:41:22.000 No, And they're still calling.
00:41:24.000 And they're still commenting fresh as a scam.
00:41:27.000 What?
00:41:28.000 He's hosting a show that you're watching.
00:41:31.000 That's why I asked that.
00:41:32.000 I just wanted to see.
00:41:32.000 I'm like, you're always going to, we're always going to have haters and shit.
00:41:36.000 Their brains don't work.
00:41:37.000 Not very smart.
00:41:38.000 0676, you are up.
00:41:40.000 0676, you are up.
00:41:46.000 I can't hear you talking.
00:41:49.000 We should be hearing something.
00:41:51.000 No one's gotten my race right.
00:41:54.000 They went from Italian to Pakistani to Indian.
00:41:55.000 They're still wrong.
00:41:58.000 I don't know myself.
00:42:00.000 We'll get there.
00:42:01.000 I'll drop it in a second.
00:42:02.000 Can anybody get my race right?
00:42:02.000 Gotcha.
00:42:04.000 Anyone who gets my race right gets a 21-day trial.
00:42:06.000 Let's guess.
00:42:08.000 9619.
00:42:09.000 It's one race, too.
00:42:10.000 I'm making it very easy.
00:42:11.000 I'm not mixed.
00:42:12.000 9619, you're up 9619.
00:42:17.000 Let's see.
00:42:18.000 Armenian, you're getting closer.
00:42:20.000 No, not Arab.
00:42:21.000 Warmer.
00:42:22.000 Armenian was warmer.
00:42:24.000 Good.
00:42:25.000 Datnigga.com.
00:42:26.000 21-day trial.
00:42:27.000 DF.
00:42:29.000 Fuck our lives.
00:42:31.000 At least he got it, right?
00:42:32.000 Fuck me.
00:42:36.000 Bro's name is datnigga.com.
00:42:38.000 Yo, that's funny, bro.
00:42:40.000 Yo, fuck with that name, bro.
00:42:42.000 That's funny.
00:42:43.000 What the hell, bro?
00:42:43.000 Yo, W name, bro.
00:42:46.000 W Day, man.
00:42:47.000 He said, let's fucking go.
00:42:50.000 No, that's funny.
00:42:52.000 yeah i don't know what's is is there what's what the phone is yeah Yeah, I don't know.
00:42:56.000 I mean, I can see that it's on, that we have the software on.
00:42:59.000 Profit with Cam is the IG.
00:43:01.000 Profit with KAM.
00:43:02.000 Profit with KM.
00:43:03.000 Okay, one Reese, since you're crying too, come get a 21-day free.
00:43:06.000 Let's see it.
00:43:07.000 You need to have some money to trade with, though, bro.
00:43:09.000 Like, if you guys have $2 to your name, it's not house flipping.
00:43:12.000 Once again, so I don't, I don't, you know, we can only do so much.
00:43:16.000 See, usually what happens is people with the most cars and lifestyle get a pass in industry.
00:43:25.000 But I kind of find out that like those people that show too much, sometimes it's like they're trying to prove way too much as well.
00:43:31.000 Versus people that tell you the truth, they're transparent about what they did, who they are, and they have results.
00:43:38.000 That's what I want to follow.
00:43:40.000 And I'm going to be honest, bro, like my life, it's pretty like humble.
00:43:45.000 Like I drive a 70K Dodge Charger EV.
00:43:49.000 Dodge Charger?
00:43:50.000 Yeah, it's EV, though.
00:43:52.000 It's the Electric Dodge Charger came out this year.
00:43:54.000 That's the shit.
00:43:55.000 It's clean.
00:43:56.000 That's what niggas drive, bro.
00:43:57.000 Dodge Chargers, bro.
00:43:59.000 It's a cool.
00:44:00.000 I just didn't want a Tesla.
00:44:01.000 I feel like everyone has a Tesla, and I want an electric car.
00:44:03.000 It self-drives.
00:44:04.000 It's cool.
00:44:05.000 You said it's from this year right now.
00:44:05.000 I've never heard it.
00:44:07.000 It's okay.
00:44:07.000 It came out this year.
00:44:08.000 Dodge brand news, bro.
00:44:09.000 Dodge Charger EV is insane.
00:44:10.000 It's nuts.
00:44:11.000 Electric Dodge Charger.
00:44:12.000 I never thought I'd see the day.
00:44:13.000 They like it in Dallas, too, because it's like American muscle.
00:44:15.000 And it still makes the noise, but it's fake engine.
00:44:17.000 Gotcha.
00:44:17.000 It makes noise.
00:44:18.000 But the point is, I have a nice house.
00:44:22.000 Car is average.
00:44:24.000 whatever i i do this stuff more for for for like this gets me in like certain rooms or like people approach me because of it and want to talk business or something yeah uh I'm not really a flat, bro.
00:44:35.000 I wear sweats every day, bro.
00:44:37.000 I work from home.
00:44:38.000 I trade.
00:44:39.000 I work with clients.
00:44:40.000 I go on walks.
00:44:41.000 I go to the gym.
00:44:42.000 I hang out with my girl.
00:44:44.000 I travel.
00:44:44.000 The things I spend money on are like first class.
00:44:47.000 Like flying well, comfort, speed, convenience, shit like that.
00:44:51.000 That's all.
00:44:51.000 Okay.
00:44:52.000 I don't really need that much fancy shit.
00:44:54.000 Yeah, less is more, honestly.
00:44:56.000 Less really is more.
00:44:57.000 Yeah, for sure.
00:44:59.000 Yeah, we're restarting the phone lines, guys.
00:45:01.000 I don't know if...
00:45:02.000 They're still guessing the race.
00:45:03.000 We already passed this.
00:45:04.000 Oh, maybe people are coming in that are new.
00:45:05.000 Yeah, yeah.
00:45:06.000 Yeah, yeah.
00:45:09.000 How much is ideal?
00:45:10.000 I mean, bro, like 2,500, we can get you into a decent amount of trades and make you some bread.
00:45:20.000 Well, I think I like the credit card leveraging because that is very, you have a year to pay it back, right?
00:45:26.000 At minimum, most of these things.
00:45:27.000 So if you have a decent credit score, that's a good way to get yourself on some capital.
00:45:31.000 And then I didn't even realize that you can double it working alongside.
00:45:35.000 Like, you have a program where you're basically able to double their credit line?
00:45:37.000 Yeah.
00:45:38.000 Like, guys, if you think leverage is scary or debt is scary, rich people die in debt.
00:45:46.000 Like, what do you think?
00:45:47.000 You think real estate, like, this is what's interesting.
00:45:49.000 People want to buy a house, right?
00:45:51.000 They have a goal.
00:45:51.000 I don't want to pay rent.
00:45:52.000 I want to buy a house.
00:45:54.000 Well, are you going to buy a cash?
00:45:55.000 Are you going to pay mortgage like 99% of the world?
00:45:57.000 Because mortgage is debt.
00:45:58.000 So why are you willing to pay debt or go into debt for something that actually doesn't pay you unless you use the property strategically?
00:46:05.000 Pay debt or go into...
00:46:07.000 Very good.
00:46:07.000 You're good.
00:46:08.000 Sorry.
00:46:10.000 But yeah, like people will go into debt for prostitution or for cocaine.
00:46:16.000 But you don't want to learn a skill from people that are credible.
00:46:21.000 Like it doesn't have to be me.
00:46:22.000 I don't care.
00:46:23.000 Like go learn house flipping if you want.
00:46:24.000 Go learn something else.
00:46:25.000 But like there's skills out there that make money.
00:46:27.000 The thing I like about trading the most is that it's not a phase.
00:46:30.000 Meaning like there's certain things that get hot and then like it gets really saturated.
00:46:35.000 Like I'm sure there's people that are starting Airbnb businesses today that are still making money.
00:46:40.000 Like I'm sure, but it's a lot harder than it used to be.
00:46:42.000 Yeah, way harder.
00:46:43.000 Way harder.
00:46:43.000 So trading.
00:46:45.000 That shit.
00:46:46.000 That shit.
00:46:47.000 It was hot, then it's not.
00:46:48.000 Cannabis, cannabis industry got fucked by legalization.
00:46:51.000 All the trappers are out, right?
00:46:52.000 Yeah.
00:46:53.000 They're either selling powder or getting robbed, one of the two.
00:46:56.000 So you need to decide like what skill do you want to learn?
00:46:59.000 Because like I've paid hundreds of thousands of dollars to either be in the right rooms or learn from some expert.
00:47:09.000 And now I built a team around myself of experts to where I can build a personal brand and people come in and we get satisfied clients, right?
00:47:17.000 So like there's nothing wrong with paying to play when it comes to education.
00:47:20.000 You paid for college, a lot of you guys here.
00:47:22.000 You paid six figures to get what?
00:47:24.000 A piece of paper and no job?
00:47:26.000 Like I don't, I don't see, why is that not a scam?
00:47:26.000 Right?
00:47:30.000 Yeah.
00:47:30.000 If you want it bad enough, you'll find a way.
00:47:33.000 People just, from my experience, if you don't understand what someone's doing and you can't wrap your hand around it or don't want to try it, that's fair.
00:47:41.000 But just because it doesn't work for you doesn't mean it doesn't work at all.
00:47:45.000 It's all good.
00:47:45.000 Yeah.
00:47:46.000 It's like saying, okay, is trading a scam?
00:47:49.000 How can it be a scam if people are making money doing it?
00:47:51.000 And it's like just like a thing.
00:47:52.000 Like it's just a thing.
00:47:53.000 Like we know, like a scam would be like, hey, buy this boat that doesn't exist.
00:47:58.000 You are connected as the host.
00:47:59.000 Something like that.
00:48:00.000 Like it's like that's a scam.
00:48:01.000 You are now in the host room and can manage your callers from the Collins Studio web interface.
00:48:06.000 Back up.
00:48:08.000 It's good.
00:48:09.000 All right, good to go now.
00:48:10.000 Yeah, we can test it now.
00:48:12.000 Yeah, I think we have to use a different browser or whatever, but we'll test it right now.
00:48:12.000 Awesome.
00:48:15.000 Okay, let's go ahead and go to the first person.
00:48:17.000 Go ahead, Mo, call it out.
00:48:19.000 8460, you are up.
00:48:21.000 8460.
00:48:23.000 Hello, can you hear me now?
00:48:25.000 What's up, bro?
00:48:25.000 We got you on the line.
00:48:26.000 Sorry about that.
00:48:26.000 Technical issue on our end.
00:48:29.000 Oh, it's fine.
00:48:29.000 It's fine.
00:48:30.000 I was just wondering, my name is Aiden.
00:48:33.000 I'm only 18.
00:48:34.000 You know, I'm in crypto, but I want to get more into stocks.
00:48:38.000 But I just don't know where to get started.
00:48:40.000 What do you guys think I should do?
00:48:42.000 Take it away.
00:48:43.000 Aiden.
00:48:44.000 Your name's Aiden, right?
00:48:46.000 Yeah, correct, correct.
00:48:47.000 Hey.
00:48:47.000 What's up, bro?
00:48:48.000 So here's the question.
00:48:50.000 Why do you want to get into stocks as opposed to just staying in crypto?
00:48:54.000 Well, just where we are in crypto, you know, I want to move my money because I made some like 20 grand or so, and that's pretty good.
00:49:02.000 So I want to move it to more stable where it can grow a little bit more.
00:49:02.000 I made.
00:49:06.000 Okay.
00:49:07.000 So a little bit more risky.
00:49:10.000 Okay.
00:49:11.000 So swing trading, like I said earlier, bro, like it's the best strategy to learn.
00:49:16.000 So you can go on YouTube and learn it on your own.
00:49:18.000 Like I'm not here to like force you to come work with me, but we do have a 14-day trial.
00:49:22.000 So I can teach you like hands-on, like very quickly, and you can cut out the noise and you'll learn from guys that actually traded on Wall Street.
00:49:28.000 Okay.
00:49:28.000 So the reason why swing trading is good is because it's easier to win swing trading than it is day trading because day trading, you have to watch the shit like a hawk.
00:49:37.000 Okay.
00:49:37.000 Swing trading, you're entering a trade and it doesn't end for maybe a month, two months, three months.
00:49:43.000 So there's time for the market to fluctuate and then enough time for you to eventually win.
00:49:47.000 So it's just a simpler way.
00:49:49.000 So that's what I would recommend.
00:49:51.000 And would there be any difference with me being in shitty Canada or no?
00:49:56.000 We have Canadian clients.
00:49:58.000 You're fine.
00:49:58.000 You just wouldn't use Robin Hood.
00:50:00.000 You would use what my Canadian clients use.
00:50:02.000 I forgot the name.
00:50:03.000 Okay.
00:50:04.000 That's all the questions I have.
00:50:04.000 Thank you.
00:50:05.000 Thank you, Deezy Mind Refresh.
00:50:06.000 No worries, man.
00:50:08.000 So for all the anyone that's saying anything in the chat, talking smack, call onto the show and debate, man.
00:50:12.000 Like, if you guys want to go ahead and say, oh, scared by Grift, we open up the phone lines.
00:50:17.000 You know, you can go ahead and call onto the show, give your grievances.
00:50:21.000 And, you know, if you guys want to go ahead and have a discussion, we can do it.
00:50:25.000 You got another line?
00:50:25.000 Who's up?
00:50:26.000 Yes.
00:50:27.000 Yeah.
00:50:27.000 We'll go to the next person on the line.
00:50:28.000 But yeah, call onto the show, guys, 646-490-0394.
00:50:31.000 For all the haters, call in and say what you got to say with your chest, man.
00:50:34.000 Might as well.
00:50:35.000 Yeah.
00:50:37.000 Don't fall for the trial scam.
00:50:39.000 So it's free, but it's still a scam.
00:50:39.000 A trial scam.
00:50:41.000 Huh?
00:50:42.000 Wow, you guys are so smart.
00:50:46.000 9619, you're up 9619.
00:50:50.000 He said true, bro.
00:50:50.000 Y'all pussies go debate.
00:50:52.000 Yeah.
00:50:52.000 Yeah, go ahead.
00:50:53.000 Haters in the thing.
00:50:53.000 Talk in the show.
00:50:54.000 Swing trading.
00:50:55.000 Swing trading is not exclusively options.
00:50:57.000 He's right.
00:50:57.000 Nobody said it was.
00:50:58.000 That's just how I.
00:50:59.000 Yeah.
00:51:00.000 Well, swing trading is not exclusively options.
00:51:03.000 Yeah, you can do other, you can day trade options.
00:51:06.000 Like, nobody said it's all good.
00:51:06.000 It's fine.
00:51:08.000 All right, can you hear us?
00:51:10.000 Yes.
00:51:11.000 Can you guys everybody hear me?
00:51:12.000 Yep.
00:51:12.000 We got you.
00:51:13.000 Go ahead.
00:51:13.000 Go ahead.
00:51:14.000 Hey, good evening.
00:51:15.000 I was calling in regards to just future trading.
00:51:19.000 I'm about to hit 100K off of swing trading, and I've been doing really well this year.
00:51:23.000 Good stuff, man.
00:51:23.000 Thank God.
00:51:24.000 And I'm considering when it comes to future trading, what are some of the things that you have to look out for in regards to getting into it?
00:51:33.000 Because I know you can lose a lot of money, especially if you're on margin.
00:51:37.000 Like, what are some beginner mistakes that you normally see?
00:51:40.000 Yeah, you should only be trading futures with prop firm capital, bro.
00:51:44.000 So it makes it entirely risk-free.
00:51:47.000 You don't need me to do that either.
00:51:48.000 So you can go and try to pass a prop firm exam.
00:51:52.000 So we have a prop firm called Trademakers.
00:51:55.000 Okay.
00:51:56.000 They give instant funding, which means you go show them for five days that you're a good trader.
00:52:02.000 Keep in mind, though, futures, it's in and out same day.
00:52:05.000 So it's a little different than swing, which is what you're used to.
00:52:07.000 But you learn that.
00:52:09.000 You pass an exam, which is just five days of successful trading.
00:52:13.000 And then they'll give you 50K for real.
00:52:15.000 And then there's no risk of the 50K.
00:52:16.000 Like it's not like a credit card.
00:52:18.000 So it's just prop firm money in a trading account.
00:52:21.000 And if you win, you keep 80% of the money.
00:52:23.000 If you lose, they take the loss.
00:52:26.000 So don't take more risk than you need to.
00:52:29.000 Just go learn the prop firm route.
00:52:33.000 I appreciate it, man.
00:52:33.000 Perfect.
00:52:34.000 Thank you.
00:52:34.000 All good.
00:52:36.000 All right.
00:52:36.000 Good stuff.
00:52:37.000 Who's next?
00:52:37.000 All right.
00:52:39.000 Next, we have 8814.
00:52:45.000 You're up 8814.
00:52:48.000 Hey, guys, my name is Isaac.
00:52:49.000 I'm 23.
00:52:50.000 I've been watching you guys for a couple of years now.
00:52:53.000 My biggest thing is I finally was able to purchase my first multifamily.
00:52:57.000 So I just want to say everything fresh.
00:53:00.000 Thanks, man.
00:53:01.000 I live in Massachusetts.
00:53:02.000 So Myron, you know, this shit's fucking expensive.
00:53:06.000 So I just want to say, hey, man, thank you.
00:53:08.000 I appreciate it.
00:53:09.000 To the guest, do you recommend any books?
00:53:12.000 I know, obviously, you have a free 14-day trial.
00:53:15.000 I'm just looking to get as much knowledge as I can from different sources.
00:53:17.000 I've never heard about swing trading before this podcast.
00:53:21.000 So I'd love to know some things you would recommend besides your trial.
00:53:25.000 Yeah, Laughing at Wall Street by Chris Camillo.
00:53:28.000 Great book talking about.
00:53:31.000 So, and I want to give context too.
00:53:33.000 There's basically two beginner-level ways to learn swing trading and two strategies.
00:53:39.000 There's technical, which is technical analysis, which basically means what's happening in the company and like patterns and like things that traders can recognize.
00:53:49.000 All those candlesticks that you see that confuse people, that's technical analysis.
00:53:52.000 Then there's social arbitrage, which is Chris Camillo.
00:53:56.000 If you want to watch him, he's made much more than me.
00:53:59.000 I'm going to be real.
00:54:00.000 He's worth like 70 mil.
00:54:02.000 But I've learned a lot from him because I have technical traders on my team that used to work at Goldman.
00:54:07.000 So that's how they learned, right?
00:54:09.000 But I personally trade off of social arbitrage, which basically means I'm looking for trends before Wall Street recognizes them and taking risks on those.
00:54:19.000 So laughing at Wall Street, I would just, I wouldn't, I don't want to information to overload you.
00:54:23.000 Just start there.
00:54:25.000 Perfect.
00:54:25.000 Appreciate it, guys.
00:54:26.000 Have a nice one.
00:54:26.000 Thanks.
00:54:27.000 No problem, man.
00:54:29.000 And for anybody, like I said before, if you're a hater, put in that you're a hater on the call line.
00:54:33.000 So Mo knows.
00:54:35.000 So I want to see a good debate.
00:54:36.000 Yeah, yeah, yeah.
00:54:37.000 Yeah, somebody come say something like a bounce.
00:54:41.000 Call in.
00:54:41.000 Talk to guys.
00:54:42.000 If you think it's a scam, cool.
00:54:43.000 Debate him or why it's a scam.
00:54:45.000 Yeah, let's call it to the show.
00:54:46.000 Do you have any knowledge or evidence?
00:54:48.000 Yeah.
00:54:49.000 It'll be hilarious.
00:54:49.000 Call into the show.
00:54:50.000 Because like I said before, guys, most people don't open up the phone lines like this for critics to be able to call in.
00:54:56.000 Go ahead and call in, man.
00:54:57.000 Give us your case as to why you might have the worldview that you have on.
00:55:01.000 Bro, go real quick.
00:55:02.000 Go look up my LinkedIn.
00:55:03.000 Just type in Cam Dasani on LinkedIn.
00:55:06.000 Look at my recommendations.
00:55:06.000 Go to the bottom.
00:55:08.000 Leaders at public companies.
00:55:10.000 How?
00:55:11.000 Yeah.
00:55:12.000 How, like, who's not a scam then?
00:55:14.000 Do you have a process?
00:55:15.000 I say this all the time, guys.
00:55:16.000 Do you have a process to evaluate whether or not something is a scam?
00:55:19.000 Or do you simply go based off of how you feel?
00:55:21.000 Because if you go based off of how you feel, then every girl's going to scare you.
00:55:25.000 And you're not going to approach women.
00:55:27.000 And you don't get an NBA dancer for your girlfriend.
00:55:29.000 So you got to approach.
00:55:31.000 You got to try something.
00:55:33.000 Or you could just work a job for somebody that took a bunch of risks forever.
00:55:37.000 Because that guy didn't think something was a scam or a girl, CEO, whatever.
00:55:42.000 People just talk a lot, bro.
00:55:43.000 It's a words.
00:55:44.000 Internet.
00:55:45.000 All right.
00:55:47.000 This person is a hater.
00:55:48.000 All right.
00:55:49.000 But he also says fresh is a B-A-N-word.
00:55:54.000 All right.
00:55:54.000 Okay.
00:55:54.000 Let's get him on the line.
00:55:56.000 All right.
00:55:56.000 Come on, everybody.
00:55:57.000 Welcome to the show, hater.
00:55:58.000 How are you?
00:55:59.000 7075.
00:55:59.000 This evening?
00:56:01.000 You're up 707.
00:56:03.000 Wait, he just left?
00:56:04.000 Come on.
00:56:05.000 Come on, little man.
00:56:07.000 Come on, bro.
00:56:09.000 Sit with your chest, nigga.
00:56:10.000 Yo, yo, yo, come on, man.
00:56:12.000 What's your chest, bro?
00:56:13.000 Yo, bro, I just put him.
00:56:15.000 Yo, come on, man.
00:56:17.000 Bro, turn it into Goku with this bitch.
00:56:19.000 Come on, man.
00:56:22.000 Sit with your chest, man.
00:56:24.000 It's always funny whenever.
00:56:25.000 Oh, here's a good one.
00:56:26.000 Here's a good one because he can't come on the line, though.
00:56:28.000 Scroll up a little bit.
00:56:29.000 Can you scroll up or no?
00:56:30.000 Oh, it's simple.
00:56:31.000 If you're making bank trading, you simply don't need to sell courses.
00:56:35.000 Great fucking thing to say.
00:56:37.000 Here's what I'll say to that.
00:56:38.000 Why don't hedge funds just manage their own money?
00:56:44.000 Can anybody answer that?
00:56:44.000 Hold on.
00:56:47.000 Because they can make more managing their own and the money of others.
00:56:53.000 That's it.
00:56:54.000 Right.
00:56:55.000 So if I'm making money trading, which I am, which I showed you my portfolio, why can't I also help people trade?
00:57:07.000 Here's the truth that nobody's going to tell you guys.
00:57:11.000 They're going to hate this one.
00:57:13.000 This is the fuck.
00:57:14.000 I want to help people.
00:57:15.000 Yeah, I actually get joy from helping people, but fuck that for a second.
00:57:19.000 The return I get from Facebook ads is bigger than the return I get from the stock market.
00:57:25.000 Why?
00:57:26.000 It's just the way it works.
00:57:27.000 It's like saying, if I put 10 grand into the NVIDIA swing trade that I mentioned earlier versus 10 grand into just NVIDIA stock, the return on the swing trade is going to be bigger than 10 grand just in the stock.
00:57:42.000 Why am I saying that?
00:57:44.000 If you see somewhere where you can make a higher return on your cash and then have diversification, why wouldn't you do it?
00:57:51.000 Meaning, I have a consulting business.
00:57:53.000 Eventually I will have a hedge fund when we get licensed.
00:57:56.000 And then you'll still say I'm a scam.
00:57:58.000 And then I diversify.
00:57:59.000 I take profits from that and put it back in the business to get more clients and help them make money.
00:58:03.000 At the end of the day, they make more money than what they pay me.
00:58:07.000 Okay, that's called business.
00:58:08.000 That's called value exchange, right?
00:58:10.000 That's how the world works.
00:58:11.000 101, right?
00:58:13.000 So you can't like, why is software not a scam?
00:58:16.000 Why is Tinder not a scam?
00:58:18.000 Why is Eros the escort website that you guys love because your fucking incel is not a scam?
00:58:22.000 Because they provide a service that you are happy with.
00:58:27.000 Okay.
00:58:27.000 So if I provide a service where you pay me a number and then in three, four, five, six months, you make 3x.
00:58:35.000 It's that's how the world works.
00:58:38.000 So that's your answer.
00:58:39.000 Do you want to come on the line and say that I'm wrong?
00:58:42.000 Please do it.
00:58:42.000 I guarantee you can't outdebate me on this with any sort of logical fact.
00:58:45.000 There you go.
00:58:46.000 Again, haters.
00:58:47.000 Call in 646.
00:58:50.000 Niggas girl is a thought on the road with NFL players.
00:58:52.000 First of all, Mavs NBA.
00:58:54.000 Second of all, dancers don't go on the road.
00:58:55.000 Just like no fact.
00:58:58.000 6464900394.
00:59:00.000 Clause on the show.
00:59:01.000 If you guys got a disagreement or a grievance, go ahead and call in and tell us your grievance, whether you have an issue with any of us here on the panel.
00:59:07.000 This person has a disagreement with a hater on the line.
00:59:10.000 Okay.
00:59:11.000 I like Ken, man.
00:59:11.000 He fights back.
00:59:12.000 I like Cam.
00:59:13.000 Welcome, Hater.
00:59:14.000 Welcome to the show.
00:59:15.000 6693, you're up.
00:59:17.000 6693, you're up.
00:59:20.000 Hey, guys, how's it going?
00:59:21.000 Big sign is, however, I do have a disagreement with Gus.
00:59:25.000 Before you do it, hold on.
00:59:26.000 Hold on.
00:59:27.000 What's your name and where are you calling in from before you do that?
00:59:30.000 My name is Ethan from New York.
00:59:32.000 All right, cool.
00:59:32.000 Go ahead, man.
00:59:33.000 What's your grievance?
00:59:35.000 So, when the guest said that the SP 500 won't make you rich, it'll keep you rich.
00:59:41.000 I highly disagree with that.
00:59:42.000 I believe the better asset class for that would be gold.
00:59:45.000 However, the SP 500 has statistically proven to be the best asset class when it comes to even corporate bonds, gold, U.S. 10-year treasury bonds, and even real estate.
00:59:56.000 If you ever look at the statistics of putting a growth of $100 in the asset class, the SP 500 pretty much destroys everything else.
01:00:03.000 I've been investing in the SP 500, especially in VOO since I was 21 years old.
01:00:07.000 I'm currently 40, and I have over $3 million, and I would have never gone there unless it was the SP 500.
01:00:12.000 Sure, is it slow?
01:00:14.000 Yes.
01:00:14.000 However, compound interest is the best interest when you could get, especially for a if you're someone that you're making six figures and you just want to put money away and be lazy about it.
01:00:24.000 But saying that's the p 500 will make you rich is completely ludicrous.
01:00:28.000 Okay, so when you were 21, you started investing in the SP and now you have 3 million.
01:00:33.000 What was your principal?
01:00:36.000 Correct.
01:00:37.000 So I just put it on a monthly basis.
01:00:40.000 So every month, I just put money away automatically.
01:00:43.000 I use Wevo and I just reinvested my dividends.
01:00:46.000 I just left it on a monthly basis.
01:00:48.000 So whatever the stock was worth at that moment on a monthly basis, I just put money away.
01:00:53.000 And roughly, I was putting around 15 grand during that time.
01:00:56.000 By the time I was 30, I was putting around 50 grand a year.
01:00:59.000 15 grand at 21 years old, though, per month?
01:01:04.000 Correct.
01:01:04.000 What was your job?
01:01:07.000 So I pretty much started at a hedge fund.
01:01:10.000 Okay, so that's my point, bro.
01:01:12.000 Is that most people aren't saving 15 grand a month that they can put away till they're 40?
01:01:18.000 That's not necessarily true because even people that have given this advice to them that said they're putting a thousand a month away or putting $2,000 a month away, they have easily accumulated a wealth.
01:01:28.000 Obviously, am I saying that SP 500 will make you rich overnight?
01:01:31.000 Of course not.
01:01:31.000 However, if you do 10, 15, 20 years returns, compound interest will definitely help you out in the SP 500.
01:01:37.000 It will definitely make you rich.
01:01:38.000 So just so I'm clear on this, you said that so you invested $15,000 per month for 19 years.
01:01:44.000 That's insane, bro.
01:01:46.000 Good job.
01:01:47.000 Is that what you did?
01:01:50.000 Well, when I started at 21, it was less.
01:01:53.000 But now at 40, I have to investing.
01:01:55.000 No, he's asking $43 million.
01:01:57.000 Bro, he was trying to figure out how much you put in early on.
01:01:59.000 That's what he was trying to do.
01:01:59.000 Like, you're saying $15,000 a month.
01:02:01.000 That's what you might be doing now.
01:02:02.000 But when you were starting out, how much were you putting in?
01:02:06.000 Oh, I apologize for that.
01:02:07.000 When I was starting out, I was just only putting $2,000 a month.
01:02:11.000 Two, okay.
01:02:12.000 I mean, look, there's a lot of like there's a lot of gaps in this.
01:02:16.000 I'm not saying like you don't have three mil.
01:02:18.000 I showed my paper.
01:02:19.000 So, like, I don't know.
01:02:21.000 There's always a short screenshot.
01:02:22.000 I would absolutely show you my investment portfolio.
01:02:24.000 There's no doubt about it.
01:02:25.000 But I'm just saying that saying that SP 500 will not make you rich is a ludicrous statement.
01:02:29.000 I would say gold is a better access asset class to keep you rich, but that's a 500 will definitely make people rich, especially if you're a normal person just putting money away, you want to invest.
01:02:38.000 That's a 500 is the best asset class.
01:02:40.000 There's not even no doubt about it.
01:02:41.000 Okay, you still didn't answer my original, though.
01:02:43.000 My original question, bro, was what was the principle?
01:02:46.000 Meaning, if you go into your Vanguard or wherever you invest, what is the principle and what is the game?
01:02:54.000 Because realistically, you still, bro, you need money for 8% to matter.
01:02:58.000 You can't invest 500 a month from now to 40 only.
01:03:03.000 And most people don't have that much disposable income, bro.
01:03:06.000 They need something that compounds faster.
01:03:07.000 You start putting 2,000 in the beginning.
01:03:09.000 That's a lot.
01:03:10.000 Yeah, that's a lot for a regular.
01:03:12.000 Says he should have over 3 million in his country if you just put it in the bank anyway.
01:03:16.000 What do you say?
01:03:17.000 No, he would have 3 million in the bank.
01:03:18.000 You just put it in his bank anyway.
01:03:20.000 Oh, yeah.
01:03:21.000 With the 15K.
01:03:22.000 Yeah, but the point is that I still get, for example, I'm looking at my Weebull right now.
01:03:27.000 So far this year, I received an annual return of 13%.
01:03:29.000 And I'm just saying that's much better than putting it in the bank, as you just mentioned.
01:03:33.000 So what I'm trying to say is that the SFP 500 will definitely make you rich.
01:03:37.000 It'll take time, but you saying that it will not make you rich is a ludicrous statement.
01:03:40.000 That's all I wanted to say.
01:03:43.000 Okay.
01:03:43.000 What I'll say to close is, and I'm not trying to exit the conversation either, but we've kind of gone in a loop for a little bit.
01:03:49.000 So what I'll say to close is you still need good money, bro.
01:03:53.000 $2,000 a month to invest at 21 years old is a lot of money for most people at 21.
01:03:59.000 Not completely understand that.
01:04:00.000 But I'm just saying it's a better deal when it comes to low risk.
01:04:04.000 I understand you did great at your type of investing, which is fantastic for you, but not everyone is going to have that same level of success rate.
01:04:12.000 So low class.
01:04:14.000 Watch this.
01:04:15.000 Just for everybody that thinks, and bro, I actually appreciate this was actually like a smart conversation we had.
01:04:20.000 3 mil, good, good for, like, you won, right?
01:04:24.000 But I don't think most people are that patient or have the principal capital to invest in the SP.
01:04:31.000 I was not.
01:04:32.000 I'm telling you, I was not.
01:04:34.000 There are more aggressive strategies, including Chris Camillo's, which got him to 70 million.
01:04:41.000 But I completely understand what I'm saying for the everyday investor, which is going to be a low risk.
01:04:46.000 The SF 500 is the way to go, especially VOO, which is the one I use.
01:04:50.000 There's no doubt about it.
01:04:51.000 You put money away.
01:04:52.000 Maybe you're, you know, maybe this is someone that's not extremely wealthy.
01:04:55.000 Maybe they have two grand to play around with on the end of the month after they paid all their bills.
01:04:59.000 The VO, the SFR, is the best way to go.
01:05:01.000 I understand you became very successful in your way of trading, which I completely respect.
01:05:06.000 But I'm just letting you know low-risk investment.
01:05:08.000 There's a reason why Warren Buffett says that SF 500 is the way to go.
01:05:11.000 And he has an offer over a billion dollars to anyone that could beat the SP 500 over a 15-year time span.
01:05:16.000 There's a reason why Warren Buff always says, put 90% of your money in the SP 500 and then play with the 10% the rest.
01:05:21.000 Well, Bitcoin's going to beat that.
01:05:22.000 I just saw that I was 21.
01:05:24.000 Okay, fair enough.
01:05:25.000 I mean, Bitcoin's going to beat that, but like, I don't know.
01:05:29.000 Yeah.
01:05:29.000 All right.
01:05:30.000 But, you know, I appreciate you guys taking the time to pick up my call.
01:05:33.000 And, you know, people are going to think you're successful, and I appreciate that.
01:05:35.000 But, you know, I just, I just had a grievance against you saying that that's at 500 will not make you rich.
01:05:39.000 It will completely make you rich.
01:05:41.000 If you have principal, I'm sure it can.
01:05:43.000 Yeah.
01:05:43.000 I mean, over 20 years.
01:05:44.000 Yeah.
01:05:45.000 You know what I mean?
01:05:45.000 I think what he's saying is, is it going to build money as quickly as other endeavors?
01:05:50.000 Probably not.
01:05:51.000 Who wants to wait 20 years?
01:05:52.000 Yeah.
01:05:52.000 Sorry, I don't.
01:05:55.000 20 years crazy.
01:05:55.000 So back to income because I don't think time is going to pass.
01:05:57.000 And the people that don't invest in some sort of asset class, you're better off doing this than doing something else for the next 20 years, leaving it in the bank.
01:06:05.000 That's what I'm saying.
01:06:06.000 Better than nothing.
01:06:07.000 Oh, yeah.
01:06:08.000 It's better than leaving it in the bank.
01:06:09.000 Yeah, 100%.
01:06:10.000 That's why I said that there's levels, right?
01:06:11.000 You can leave your money in your checking account.
01:06:13.000 Next step is 401k.
01:06:15.000 Next step is SP.
01:06:16.000 I think there are better investment opportunities than the SP.
01:06:20.000 And honestly, it's set up for the world to reward you, right?
01:06:23.000 Like investing is set up for the world to reward you.
01:06:27.000 Meaning, once again, if you invest in SP, it's completely passive.
01:06:31.000 Auto-draft from your bank account.
01:06:33.000 If you invest in certain stocks, it's pretty passive.
01:06:37.000 You just do it and then you just let it go.
01:06:38.000 But if you make certain predictions, the market will reward you for making those predictions, which is why hedge funds trade the way they do.
01:06:45.000 Yeah.
01:06:45.000 It's just, it is what it is.
01:06:46.000 And that's perfectly fine.
01:06:47.000 All I'm saying is that it's very risky to do to go that route compared to just doing that.
01:06:52.000 So was starting a podcast how many years ago?
01:06:54.000 So is starting a podcast how many years ago?
01:06:56.000 They're multimillionaires.
01:06:57.000 Cool.
01:06:58.000 Yes, but that's a small minority.
01:07:00.000 We're doing advice for like the general population of a regular investor.
01:07:05.000 You're not a regular investor, bro.
01:07:06.000 Putting 15 grand a month into the SP is not regular.
01:07:11.000 That's not a regular investment.
01:07:12.000 You're only putting 2,000 at 21.
01:07:14.000 So I think if you're, if anyone that's 21 years old, you work multiple jobs, you should be able to have at least $2,000 of disposable income.
01:07:21.000 And that's what I did.
01:07:23.000 Okay.
01:07:24.000 20 years, bro.
01:07:25.000 All right, bye-bye.
01:07:25.000 I appreciate the call, though.
01:07:26.000 Thank you for your time.
01:07:29.000 All right.
01:07:29.000 Any other haters calling to the show?
01:07:31.000 Number 646-490-0394.
01:07:33.000 Haters call in and/or other people that have questions.
01:07:37.000 Yeah.
01:07:38.000 I think I don't think you said it's not going to make you rich.
01:07:41.000 I think it's obviously context is very important.
01:07:44.000 Better wait.
01:07:45.000 There's, you know, look, dude, in any asset class, if you invest for 20 years, you better be fucking rich after.
01:07:50.000 You know what I mean?
01:07:51.000 Like any asset class.
01:07:52.000 So who's up next?
01:07:54.000 If I buy a property a year for 20 years, I should be rich.
01:07:58.000 If I invest in Bitcoin for 20 years, I should be rich.
01:07:59.000 Matter of fact, I made hundreds of thousands of dollars off of just buying Bitcoin from 2018 to now.
01:08:06.000 Like, there are faster ways.
01:08:08.000 And no one said the SP is the God.
01:08:11.000 Don't do it.
01:08:12.000 No one said don't do it.
01:08:13.000 But like, just know what it gets you.
01:08:14.000 Yeah.
01:08:15.000 Yeah.
01:08:15.000 That's it.
01:08:15.000 That's fair.
01:08:16.000 Yeah.
01:08:18.000 Yeah.
01:08:18.000 You're going to have to put in quite a bit of money for a long period of time.
01:08:21.000 Also, you worked at a hedge fund too.
01:08:22.000 I mean, he had a start.
01:08:23.000 Most people.
01:08:24.000 Yeah.
01:08:24.000 What do you mean that?
01:08:24.000 Like, bro.
01:08:25.000 Come on, bro.
01:08:26.000 It's fine, though.
01:08:27.000 All right.
01:08:27.000 Who's up next?
01:08:28.000 6136.
01:08:29.000 You are up.
01:08:30.000 6136.
01:08:32.000 Haters of questions.
01:08:33.000 Call in, guys.
01:08:33.000 All right, caller.
01:08:34.000 What's up?
01:08:35.000 Hello?
01:08:36.000 Yo, we got you.
01:08:38.000 All right.
01:08:38.000 My name's Ethan.
01:08:39.000 I'm 20.
01:08:40.000 I'm from Phoenix, Arizona.
01:08:43.000 I just wanted to ask because the dude, he said he's from, he worked in FinTech, like finance, and you said that you moved 400K to like crypto.
01:08:53.000 I was just interested.
01:08:54.000 Did you move that into just like specifically like Bitcoin and like Ethereum, just like a safer blockchain?
01:09:00.000 Or were you looking into like bigger blockchain networks to invest in?
01:09:05.000 The first two, yes.
01:09:06.000 So Bitcoin and Ethereum.
01:09:07.000 Also, just altcoins that I know the founders of.
01:09:13.000 Do you mind me asking which?
01:09:16.000 Join the free trial.
01:09:17.000 I'm also a big, I'm like a big holder in a lot of altcoins.
01:09:21.000 And I've been like specifically looking into like Avalanche, that blockchain.
01:09:28.000 It's like the number one alt layer one blockchain besides like Ethereum.
01:09:34.000 I like Avalanche.
01:09:36.000 I like Avalanche a lot.
01:09:38.000 But yeah, I mean, my specific ones, like free trial, bro, come join.
01:09:43.000 I'll put you on.
01:09:45.000 Gotcha.
01:09:47.000 What was the, I came into the stream late.
01:09:49.000 What was the website or like the link down below in the description box?
01:09:57.000 Pinned at the top.
01:09:58.000 Yeah.
01:09:58.000 Yeah.
01:09:58.000 Oh.
01:09:59.000 Mogota.
01:10:00.000 Yeah.
01:10:00.000 Cool.
01:10:01.000 Also, another thing.
01:10:03.000 So I'm like a college student and I don't really have to like pay bills really.
01:10:09.000 My only expenses are really just like gas and groceries.
01:10:14.000 So I kind of have that luxury.
01:10:16.000 I'm kind of curious how much you think I should like have in like my checking.
01:10:19.000 Should I just like have a lot of it in like crypto asset classes, certain asset class?
01:10:28.000 Yeah.
01:10:30.000 What's your income source?
01:10:34.000 Well, I just worked like a really shitty job.
01:10:36.000 So I just use as much money as I can to just invest.
01:10:41.000 And recently I've been getting into day trading and using like prop firm accounts and stuff like that.
01:10:48.000 And I've had success in that.
01:10:51.000 So eventually when I start making more income and scaling through day trading, I'm definitely going to quit my job.
01:10:58.000 If you have time, which it sounds like you do, the prop firm route is a good way.
01:11:03.000 I just know that most people I talk to, they have a job or something like that, and they're very busy.
01:11:08.000 They can't really start with prop firm strategies or capital or futures trading in that world.
01:11:14.000 But yeah, it sounds like if you have time, pursue that for sure.
01:11:18.000 Because it's an active skill, bro.
01:11:20.000 It's an active skill with no risk.
01:11:21.000 So it's like the only risk you have is the time that you put into it.
01:11:25.000 And once you figure it out, the leverage, you can make really big trades.
01:11:29.000 And I mean, dude, I have clients seeing 10K weeks that are public testimonials because they have leverage.
01:11:37.000 Yeah.
01:11:38.000 What are your thoughts about HBAR and like XRP?
01:11:43.000 XRP I like.
01:11:44.000 I mean, I think it has 2 to 3x more potential.
01:11:51.000 Not, I don't know much about HBAR.
01:11:56.000 All right.
01:11:57.000 All right.
01:11:58.000 Well, thank you for your time.
01:11:59.000 I appreciate it.
01:12:01.000 No problem.
01:12:02.000 No problem.
01:12:02.000 Who's up next?
01:12:06.000 All right.
01:12:07.000 We haters call in.
01:12:09.000 People ask, want to ask questions, call in.
01:12:11.000 Got an expert here.
01:12:14.000 All right.
01:12:15.000 This person says he's a hater.
01:12:17.000 All right.
01:12:17.000 Perfect.
01:12:18.000 Zero zero three one.
01:12:20.000 You are up.
01:12:21.000 Zero zero three one.
01:12:22.000 You are up.
01:12:23.000 Hello.
01:12:24.000 Can you hear me?
01:12:25.000 Yes, we got you.
01:12:26.000 Where are you calling from and what's your name?
01:12:28.000 My name's Andy from LA.
01:12:30.000 Hello, Andy.
01:12:31.000 Go ahead.
01:12:32.000 What's your grievance?
01:12:34.000 So I have a quick question.
01:12:36.000 How many percentage of your clients actually make money?
01:12:40.000 And don't say like one.
01:12:42.000 Like, what is the actual percentage?
01:12:44.000 Out of the hundred, maybe you have thousand, thousand clients, a hundred clients, how many of them actually make money?
01:12:52.000 You know, understand the day trading, majority of the day traders, they actually lose money.
01:12:56.000 And then you're claiming that by using your platform, somehow using this magical magical day trading thing that you found with the guy, you're able to make money.
01:13:12.000 And then you're telling people to max out their credit cards, use your platform, which probably has a fee, and then you make money.
01:13:19.000 And if you don't make them any profit, then bye-bye.
01:13:24.000 That's a huge red flag.
01:13:26.000 I hope you understand that.
01:13:27.000 So I guess back to my main question.
01:13:29.000 How many of your clients make money?
01:13:32.000 Yeah, we've had four refunds this year.
01:13:36.000 And it's because people joined, kind of had less than what they told me they had, and then lost one trade and gave up within a month.
01:13:47.000 So nobody stayed for three, four, five, six months and actually refunded after that.
01:13:52.000 It was really just people in the first month that they lost.
01:13:56.000 Oh, by the way, lost the trade.
01:13:58.000 They actually didn't wait till the expiration date.
01:13:59.000 They just saw it go red and then thought that was an L.
01:14:02.000 And that's not how it works.
01:14:05.000 You asked, you said a couple other things.
01:14:06.000 You said I said to max out your credit cards.
01:14:07.000 I never said those words ever.
01:14:09.000 Said you should use debt structure.
01:14:12.000 That you should take out a credit card and use your 20 grand of your credit card and use that as a leverage.
01:14:19.000 And then someone in your platform will match it.
01:14:22.000 Now you have 40 grand, and credit cards are usually what 22% of APR per year.
01:14:27.000 And if you use all of your 20 grand plus the 40 grand plus the 20 grand that you said someone's matching, then you're down.
01:14:34.000 And if you lose all of your money, maybe not all, but let's say you lose 50% of your money, then you're down 10,000 in your credit card at 22%.
01:14:42.000 That's a huge financial burden on whoever or college grad who's listening to your platform.
01:14:49.000 But that's not what I said.
01:14:50.000 I said you can get a credit limit and then use it for what you want.
01:14:54.000 So if you remember, I said, oh, if the guy has 3K, right?
01:14:58.000 Myron's example was the guy has 3K saved.
01:15:00.000 Most of my clients have 5 to 10K.
01:15:02.000 So just get a little bit more to trade with and then do what you want with the rest of it.
01:15:07.000 I didn't say go trade with 40K.
01:15:10.000 I said, just get a little bit more so you can actually get into trades more strategically.
01:15:16.000 And also, also, there's no APR.
01:15:18.000 There's 0% interest.
01:15:21.000 Yeah, that's 0% interest for the first year until the APR kicks in after the first year.
01:15:27.000 You're a product.
01:15:28.000 You're selling services that don't guarantee anything.
01:15:31.000 Market crashes, bad picks, lose money, and clients left holding the bag.
01:15:35.000 What service besides your Eros expenses are guaranteed?
01:15:41.000 Like, what is guaranteed?
01:15:43.000 Like, what do you mean?
01:15:43.000 Like, you're looking for a guarantee on what?
01:15:45.000 On the stock market?
01:15:46.000 Because that the head Goldman Sachs can't guarantee that, bro.
01:15:49.000 Who can guarantee anything that you're like asking, like, you're looking for things that don't exist?
01:15:55.000 You're saying that you're saying that, oh, hedge funds use clients' money.
01:15:58.000 Yeah, but hedge funds are filled with TFA and FINRA-approved administrators.
01:16:05.000 I don't know what you are.
01:16:06.000 And you say something about LinkedIn.
01:16:07.000 Yeah, anyone could have LinkedIn.
01:16:09.000 Anyone could have LinkedIn recommendations.
01:16:11.000 Even I have LinkedIn recommendations.
01:16:13.000 Anyone could ask for a LinkedIn recommendation.
01:16:15.000 You could pay someone to have LinkedIn recommendations.
01:16:18.000 LinkedIn recommendations don't mean shit, bro.
01:16:21.000 And you said something about buying a house.
01:16:23.000 Buying a house is an investment historically delivers profit through appreciation, rental income, and tax benefits.
01:16:31.000 Is there a guarantee that that happens?
01:16:34.000 Almost all the time, yes.
01:16:36.000 Except for maybe 2008 and 2019.
01:16:39.000 You think most people that buy a house make money?
01:16:43.000 No.
01:16:44.000 Yes.
01:16:45.000 Almost all the time.
01:16:46.000 Yeah.
01:16:46.000 Then we're in different worlds, bro.
01:16:48.000 You're not in the, you're not in the, you're not in.
01:16:50.000 You're not in our stratosphere.
01:16:51.000 That's right.
01:16:53.000 You're a product.
01:16:54.000 You're selling yourself.
01:16:56.000 You're a service, first of all.
01:16:57.000 You don't even know the difference between a product and a service.
01:17:00.000 It's like saying lawn care is a product.
01:17:01.000 No, lawn care is a service.
01:17:03.000 We offer trading consulting.
01:17:05.000 That is a service.
01:17:06.000 We're not a product.
01:17:06.000 A product is something that you buy and goes to your door.
01:17:09.000 That's it.
01:17:09.000 The self-consulting service is on a platform, which you probably charge a fee and you're totally.
01:17:16.000 Do I probably charge a fee or do you know for sure?
01:17:18.000 For a percentage of people.
01:17:20.000 See, this is the issue.
01:17:21.000 You don't even tell me, tell the world how many people on your platform actually make money.
01:17:27.000 That should be a huge red flag.
01:17:28.000 I said four people refund and the rest made money.
01:17:32.000 Look, if you're proud of your product, you should say, oh, yeah, I guarantee 90% of people make money on my platform.
01:17:38.000 But you know, that's a total BS.
01:17:41.000 And that's why, and that's why you're not saying it because you know maybe like one or two percent make money on day trading.
01:17:47.000 No, that's not why I'm not saying it.
01:17:49.000 Why I'm not saying it is because, one, I don't know the exact number of clients that I have at this moment.
01:17:55.000 So I can't just like be like, oh, yeah, it doesn't matter the number of clients.
01:18:01.000 You can't even tell me the percentage, right?
01:18:03.000 I mean, you could make up 50%.
01:18:04.000 I don't believe that, obviously.
01:18:06.000 But, you know, he's not at his computer.
01:18:07.000 With his clientele.
01:18:08.000 Yeah.
01:18:09.000 Like, I don't even know the exact number, brother.
01:18:11.000 That's what I'm saying, bro.
01:18:12.000 Like, I know for a fact we've had four refunds because I know that, because I track the refunds and I've reached out and figured out why they refunded.
01:18:18.000 And typically, it's because of two reasons.
01:18:20.000 I'm going to answer your question if you wait long enough.
01:18:23.000 Two reasons.
01:18:23.000 One, they didn't have enough money to actually enter the trades.
01:18:27.000 Or two, they saw something go in the red and decided it was a loss before it was actually a loss.
01:18:32.000 That is the truth.
01:18:33.000 Our traders are actually traders that used to work on Wall Street.
01:18:38.000 They don't even have Series 65 licenses.
01:18:40.000 I'm telling you that.
01:18:41.000 We don't manage capital.
01:18:43.000 Every trading influencer ever, bro, every trading consulting company, 99% of them don't have Series 65.
01:18:51.000 And that doesn't mean they're a scam.
01:18:53.000 You can be a great trader and not have a Series 65.
01:18:56.000 You can work at Goldman and leave and not have a Series 65 like Mahul did.
01:19:01.000 What people do after they retire or after they retire from working at Goldman or retire or quit their job working from Goldman?
01:19:08.000 They open their own hedge funds.
01:19:10.000 That's what real people do.
01:19:12.000 I don't even know why you're trying to sell your platform.
01:19:17.000 If you're a real hedge fund guy, why don't you open up your own hedge fund company and make money off of other people's and make money off of other people's funds instead of selling a product here?
01:19:29.000 I said that's a huge red flag.
01:19:32.000 I said earlier that we are getting our Series 65.
01:19:35.000 So working on it.
01:19:37.000 Then, okay, then get your Series 65, get your FINRA, and then quit the day trading job you have and then open up an actual hedge fund.
01:19:45.000 That'll make you an expert of the field instead of trying to sell a product.
01:19:50.000 Sounds good.
01:19:50.000 I will quit right now just because you told me to.
01:19:52.000 Right now, I quit.
01:19:53.000 Okay.
01:19:55.000 Right now.
01:19:58.000 I got it.
01:19:59.000 Anyways, all right.
01:20:00.000 Well, thank you for the call.
01:20:02.000 I was a hater.
01:20:03.000 I still am a hater.
01:20:05.000 Whoever is listening to this.
01:20:06.000 What do you do for work?
01:20:10.000 I don't need to disclose anything.
01:20:11.000 Oh, he doesn't.
01:20:13.000 But I do.
01:20:13.000 All my numbers.
01:20:15.000 You don't have a fucking job.
01:20:16.000 That's why.
01:20:21.000 I have a LinkedIn.
01:20:23.000 I don't need to disclose what I do, though.
01:20:25.000 Okay.
01:20:25.000 That's always funny.
01:20:26.000 I'm not trying to sell a product here.
01:20:28.000 I don't need to tell you shit.
01:20:29.000 What's wrong with selling a product?
01:20:32.000 What's wrong with selling a product?
01:20:33.000 Once again, it's a service, but what's wrong with it?
01:20:38.000 I've made my peace with it.
01:20:40.000 I said what I had to say, and I do appreciate the call.
01:20:46.000 Bro, you are the furthest thing from at peace.
01:20:49.000 You're debating with people that have money and you won't even tell us what you do.
01:20:53.000 Why do I need to tell you what I do?
01:20:56.000 Why not?
01:20:56.000 Why does it tell you what I do?
01:20:58.000 I could say I'm a financial advisor.
01:21:00.000 I could say I'm a human.
01:21:03.000 I could say I'm a plumber.
01:21:04.000 I could say I'm an electrician.
01:21:05.000 I could say I work for the entertainment industry.
01:21:07.000 I could say I work for whatever.
01:21:09.000 Like, why does that matter to you?
01:21:11.000 I could say I don't know.
01:21:12.000 Oh, that's a good question.
01:21:13.000 You finally asked a good question.
01:21:14.000 Why does it matter to you?
01:21:15.000 Here's why.
01:21:16.000 Because I'm curious to see where your perspective comes from.
01:21:21.000 Okay.
01:21:22.000 I make around $150,000 a year.
01:21:25.000 I think I have a pretty good living standard.
01:21:28.000 I used to make $37,000 when I started.
01:21:31.000 Obviously, I put it into my 401k.
01:21:33.000 I didn't listen to guys like you and falling into a trap of buying a course or getting providers or services because I know go through that and then they get massive and they lose a lot of money.
01:21:47.000 Okay.
01:21:47.000 Let me ask you a question.
01:21:48.000 Great, great response.
01:21:49.000 Thank you for that.
01:21:51.000 Have you ever been scammed by somebody selling a service?
01:21:57.000 Me, personally?
01:22:00.000 No, the other person on the phone.
01:22:01.000 Yes.
01:22:03.000 I think everyone to a point has experienced some sort of a scam, right?
01:22:10.000 Whether if it's a product, whether it's a service, whether it's buying something online that turned out to be an actual thing that you're buying.
01:22:18.000 You didn't answer anything I said.
01:22:19.000 I don't even know what you're talking about.
01:22:21.000 Did you answer?
01:22:22.000 Have you ever been scammed on service delivery online?
01:22:26.000 Yes or no?
01:22:27.000 Just say yes or no.
01:22:28.000 Nothing else.
01:22:29.000 Service or delivery?
01:22:31.000 No, just service delivery.
01:22:32.000 So I offer a service, right?
01:22:34.000 So have you ever been scammed by getting somebody's course, which once again, we don't sell a course, but that's fine.
01:22:40.000 You believe that.
01:22:42.000 Have you ever been scammed by somebody selling a service online?
01:22:47.000 I don't think so.
01:22:48.000 No.
01:22:48.000 Okay.
01:22:50.000 That's what I mean by perspective, right?
01:22:52.000 You think people are, it's like saying this, right?
01:22:55.000 I get rejected by one girl and I just never talk to women again.
01:23:01.000 Right?
01:23:01.000 So what it has to do with the product that you're selling.
01:23:07.000 That's completely different.
01:23:09.000 That's completely different.
01:23:11.000 You're building a relationship with a person if you're talking to another person.
01:23:16.000 Okay, you didn't understand an analogy.
01:23:18.000 So an analogy is when you compare two things that make sense for the conversation that you're having, right?
01:23:22.000 So we're having a conversation and I said, have you ever been scammed by a service delivery?
01:23:28.000 Meaning like anybody delivering a service for that matter, okay?
01:23:32.000 You said no.
01:23:34.000 So how can you automatically for sure know that I'm a scam?
01:23:41.000 Especially if I'm offering free service.
01:23:44.000 Like, if I was a scammer, I wouldn't offer a free service because you would come in, be disappointed, and then I didn't get anything from it.
01:23:52.000 Because if you're a scammer, you wouldn't be trying to sell a course or use your platform.
01:23:58.000 What?
01:23:59.000 What?
01:24:02.000 Bro.
01:24:02.000 No, he can stay on for a second.
01:24:04.000 I just say it one more time in English.
01:24:08.000 If you weren't a scammer, you wouldn't be trying to sell a brand, which is you, or a platform that you're using to make these state trades.
01:24:18.000 What?
01:24:19.000 But you've never been scammed before.
01:24:22.000 Okay.
01:24:23.000 See what I mean by perspective, bro?
01:24:24.000 It doesn't make any sense what you're saying.
01:24:27.000 Well, I don't think you understand the perspective of an average person.
01:24:31.000 I think that's what's going on.
01:24:32.000 Look, I said my piece already, right?
01:24:34.000 Which is you're trying to sell a brand.
01:24:37.000 And I think you're doing a really good job by being on this show.
01:24:41.000 And I give you a bro.
01:24:46.000 What you're saying is the equivalent of a guy saying bitches ain't shit and he's a virgin.
01:24:51.000 Right?
01:24:51.000 You haven't experienced women.
01:24:53.000 How do you know?
01:24:55.000 Right?
01:24:55.000 So, like, you don't know.
01:24:57.000 You've never done anything.
01:24:58.000 You have not tried.
01:25:01.000 You don't have to try.
01:25:03.000 Okay.
01:25:03.000 Okay.
01:25:04.000 I know that heroin is really bad.
01:25:06.000 I don't need to know that heroin is bad to not even try it or not.
01:25:12.000 That was actually his best point.
01:25:13.000 Yeah.
01:25:13.000 No, that was actually his best point.
01:25:14.000 Yeah.
01:25:14.000 I'm not going to cap.
01:25:16.000 Cool, bro.
01:25:16.000 You got me.
01:25:17.000 Caller, I'm just going to ask.
01:25:18.000 It seems to me as though it's not necessarily that you have a problem with our guests.
01:25:24.000 Rather, you have a problem with anyone that is offering a service.
01:25:28.000 Is that really what the bottom line here is?
01:25:29.000 Like, hey, a course or service, you don't agree.
01:25:32.000 You don't like that?
01:25:33.000 Or what is the deal here?
01:25:34.000 I don't have problems with doctors.
01:25:36.000 They're a health consultant, right?
01:25:38.000 And they have a professional degree, like ND or DO, plus years of residency, board certification, licensing is a high-barrier profession.
01:25:49.000 And a lot of these financial gurus, right, like yourself, you just claim that you're a financial guru.
01:25:56.000 You provide a service And you charge X amount of dollars to use your platform or whatever it might be, or it might be free or whatever.
01:26:05.000 And you're telling people to get a credit card $20,000 and use that however you want.
01:26:11.000 You said $10,000, fine, whatever.
01:26:14.000 I'm just saying that's really, really, really high-red flag.
01:26:18.000 That's all I'm saying.
01:26:19.000 Okay, so, real quick, caller, because it seems to me like you just have a grievance with anyone running an online service.
01:26:24.000 Is that your main problem?
01:26:25.000 That's the issue.
01:26:26.000 Because doctors are selling pipes out the back.
01:26:28.000 So I don't have a lot of people.
01:26:29.000 There's a lot of legit online services.
01:26:31.000 I don't care if there's online services.
01:26:34.000 I just have a hoping people to be very careful with online services that are hosted by a charming young man like yourself for a consulting for finances.
01:26:54.000 If you're teaching someone about finances, that's okay.
01:26:56.000 But, you know, if you're trying to sell a platform like yourself, what's the difference between what you just said?
01:27:02.000 If you're teaching somebody about finances and selling a platform, like what do you think I do exactly?
01:27:07.000 Let's figure that out first.
01:27:09.000 What do you think I do?
01:27:13.000 Well, I joined the call pretty late.
01:27:18.000 Oh, no.
01:27:19.000 Selling a service, bro.
01:27:20.000 You're selling a service.
01:27:22.000 Yeah.
01:27:23.000 I mean, caller, I'll be honest with you, bro.
01:27:25.000 Caller, caller.
01:27:26.000 It's very obvious to me as I've been listening to this is that you just have a grievance with anyone that's online selling a service, teaching people how to make money, rather than caring more about them getting you.
01:27:36.000 I think you just have an issue with anyone that gets online service.
01:27:40.000 If you are a legit financial service provider, you would be opening up your own hedge fund rather than telling people to go on online and telling them to use my service.
01:27:51.000 That's all I'm saying.
01:27:52.000 It's just like any other YouTube financial channels, right?
01:27:55.000 Like Graham Steffen and a bunch of other guys.
01:27:58.000 They opened up their own YouTube bank and it totally backfired on them.
01:28:03.000 And then you remember the whole crypto era, they were sponsored by all these crypto people.
01:28:08.000 And then it turns out that they were paid behind their backs and all these crypto services and platforms they got.
01:28:18.000 So it looks to me, dude, because here's the thing, and because you kind of cave yourself away here.
01:28:22.000 You didn't even watch the full interview.
01:28:23.000 You don't even know what the topic is.
01:28:24.000 You don't even know what he does.
01:28:25.000 You just have a grievance with anyone that has an online service that teaches people how to make money.
01:28:29.000 And you've had this problem for a bit because you're naming a bunch of other financial YouTubers.
01:28:32.000 It seems to me they just have a grievance with this topic in of itself, not necessarily what is being sold.
01:28:38.000 Everyone to call, right?
01:28:40.000 It's not my fault that I needed to listen to all 40 minutes of whatever.
01:28:43.000 Well, no, my thing is, if you're going to come in and properly critique someone, right?
01:28:48.000 You know, critique them based on them.
01:28:50.000 You're coming in and critiquing an entire industry versus critiquing the actual individual here, right?
01:28:55.000 You just have a grievance with the entire ecosystem here.
01:28:58.000 And you've just exposed yourself for that because you even watched the full thing and you called in.
01:29:02.000 Because in your eyes, it's like, he has an online service.
01:29:03.000 I'm going to call in and say that, this, whatever.
01:29:06.000 Also, I think it's important to have things in context.
01:29:08.000 I asked him in a very specific scenario, how can someone get started with this amount of money that has a regular job?
01:29:14.000 And he gave me a scenario as to how someone can combat that and get around having less money to invest.
01:29:20.000 And that was one of the options he gave.
01:29:22.000 So what you're talking about here with this, you told people to click with a credit card for 20k, blah, blah, blah.
01:29:28.000 Bro, that's in response to a very specific question and a scenario.
01:29:31.000 That's why he said that.
01:29:32.000 Okay.
01:29:33.000 And this is why you're a low IQ fucking retard.
01:29:35.000 And we got to tell some of you guys this sometimes.
01:29:37.000 I'm trying to be professional, bro.
01:29:39.000 No, no, it's fine.
01:29:39.000 It's fine.
01:29:40.000 It's fine.
01:29:40.000 Because I've been like listening to this entire conversation.
01:29:42.000 You don't have a problem with him.
01:29:43.000 You just have a problem with the entire industry.
01:29:44.000 And that's why I'm calling you out for being low IQ.
01:29:46.000 If you're going to go ahead and criticize and call into the show, do your research and figure out who you're criticizing versus just going at the entire ecosystem.
01:29:53.000 If you have a problem with people that sell stuff online, fine.
01:29:56.000 Okay.
01:29:56.000 But don't come in here and try to make a very bland argument from a totality perspective when you're not even under when you don't even know who you're criticizing.
01:30:06.000 That's just low IQ.
01:30:08.000 And you didn't put things in proper context saying he's telling people to run around and liquidate 20K when that was a response to an extremely specific question and scenario.
01:30:16.000 So you're a dumb fuck and someone needs to tell you that.
01:30:20.000 Okay, I appreciate it.
01:30:22.000 Yeah, and you've called, yeah, like you're dumb, dude.
01:30:23.000 You've called to the show before.
01:30:24.000 I recognize your fucking voice.
01:30:25.000 Like, I know exactly who you are.
01:30:27.000 You're one of these guys that just sits in Monday morning quarterbacks and just criticize people all day.
01:30:31.000 You don't even have all the facts.
01:30:32.000 And it is what it is, dude.
01:30:34.000 But someone's got to call you out.
01:30:35.000 If you're going to come in and talk shit and make a criticism, know what you're talking about first, dumb fuck.
01:30:40.000 Anyway, we're going to go and do after.
01:30:41.000 Oh, wait, Can I answer one?
01:30:43.000 Can I answer one thing?
01:30:44.000 Scroll up a little bit.
01:30:45.000 That was a great comment.
01:30:46.000 Sometimes you just got to tell people they're stupid.
01:30:48.000 And that's what that guy is.
01:30:49.000 On that side, okay.
01:30:50.000 I think I scroll down a little bit.
01:30:52.000 I also think it's weird that Cam said his Facebook ads give him higher profits than the trades he does.
01:31:00.000 What's wrong with that?
01:31:02.000 If somebody pays me 10 G's and I make them 50, is that okay?
01:31:08.000 Drop comments.
01:31:09.000 Is that okay?
01:31:10.000 I just want to know.
01:31:11.000 Or no.
01:31:14.000 Is it okay?
01:31:15.000 Yeah, bro, of course.
01:31:16.000 Okay.
01:31:17.000 Okay.
01:31:17.000 So why does it matter in the way that I structure business?
01:31:23.000 I can make $150,000, $200K a year swing trading options.
01:31:29.000 I can also make a certain amount of money teaching people how to make $150 to $200,000 a year trading options.
01:31:38.000 There's nothing wrong with that.
01:31:39.000 If you can find something wrong with that logically, let me know.
01:31:44.000 If I was in commercial real estate and killing it off commercial real estate, what if I wanted to charge to teach people commercial real estate?
01:31:52.000 What is the issue?
01:31:54.000 So you make more off Facebook ads than the other, the others.
01:31:57.000 What is wrong with it?
01:31:58.000 Can you actually say what's actually wrong with it?
01:32:00.000 Or is it okay to give somebody money to make more money?
01:32:02.000 Because I've done it.
01:32:04.000 He can't.
01:32:04.000 He's just one of these guys that like he assumes automatically if you have an online service and help people make money, you're automatically scamming.
01:32:10.000 That's the premise that he came on because he couldn't even properly contextualize the 20K scenario that we gave and what prompted that.
01:32:18.000 And that's all very important because I was saying, how does someone get around funding if they don't have the money?
01:32:21.000 And you gave it a way to do it.
01:32:23.000 Well, listen, this has been a great show.
01:32:27.000 I think the calling aspect was really fun because I enjoyed it.
01:32:30.000 You could show kiss, obviously, your debating skills as well.
01:32:32.000 And look, the caller has his opinions.
01:32:34.000 It's fine.
01:32:35.000 But W Money Mondays.
01:32:36.000 Yeah.
01:32:37.000 Where can they find you?
01:32:38.000 Profit with Cam on Instagram.
01:32:39.000 So profit with KAM.
01:32:41.000 And then 14-day free trial to the Discord in the description.
01:32:47.000 21-day trial to whoever guessed my ethnicity.
01:32:49.000 I think it was actually two people.
01:32:50.000 So y'all are both going to get 21-day trials.
01:32:52.000 There you go.
01:32:52.000 And that's it.
01:32:54.000 All right.
01:32:55.000 Hey, love you guys.
01:32:55.000 Hope you guys enjoyed the show.
01:32:58.000 Those links below.
01:32:59.000 We'll catch you guys here with Afters here in a second.