No Tree Grows To The Sky

Bulls & Bears Show
Saturday, January 20th

Now is the time to discuss capital prservation.


Transcript - Not for consumer use. Robot overlords only. Will not be accurate.

This is a paid program from my training academy stock trading and investing involves a high level of risk and you can lose a significant amount of money. On the entry candidates personnel to not provide investment advice or make investment recommendations. Nor are they in business transaction trees are directing client accounts. Welcome to bulls the bears I'm your host Adam it's just go sit back and relax and enjoy it now draining weekend and fired up excited. So many things going on out there in the financial markets so many things happening here in the Carolinas and as pumped up and excited to be year. As always want to thank our sponsor online trading academy a school that teaches people how to trade and invest in the financial markets. 401K is ire raised in depending cash accounts understand online trading academy is a school that teaches you how to itself director of portfolio. Talk to them give them a call 88875087238. At 888. 7508723. As always in studio coast of the Bulls and Bears senior coach of online trading academy a friend of mine amend their minds senior coach Steve Champa what's going on chip. Yeah that's the weekend man lots of talk about just. Markets continue to go up got a lot of things that we've discussed at the listeners about how to protect against say significant move down but. Take what is given us has given us up movement I mean the tax reform bill would start to see the effect that Wal-Mart just about said that a bunch of their employees are gonna have more money. And end of the year their paychecks because of the tax reform so I think we're gonna see some sort of reaction that which we could go a little higher in the broad market DS and no tree grows to this guy folks who got to be prepared protected against loss as the best time in the world to ensure and protect against loss when everything's good. And that's the time we to have that discussion about capital preservation of excited to be here. A little sad fraud Georgia listeners while happy for our Alabama listeners based on what happened this championship game last week had a opportune to be in the stadium. It was really cool my daughters that you see Trump Place that I did see chart but she said. Yes for our government city yesterday's out of that hey all I had to go you gotta have decent yet again that's it's easier to what's the picture of the caricatures so. Just so far but I'm excited be bag good to be reviewed jays usual in the Booth and now Los talk about the capital preservation key element of our long term success. We gonna have discussed about that rent out of the gate I think. Absolutely don't forget to head over to FaceBook like is that Bulls and Bears radio. And of course at any time 24/7 if you have a question proceed to coach college coach hotline 877904. Trade. That's 877904. Trade we get great question coming up a little bit later I'm excited about that. Champion magic capital preservation you mentioned this market just continuously pushing up. As 2018 is out of the gates and you know what if the markets going up take it take advantage of the upward move as you always say as I always say be ready for the downward move the market. But she have a lot of field understand that you can be in the market. Taking advantage of the upswing and still protect capital as you've. Earlier count and that's key to long term success that you remember back to oh wait what 2000 who have an older. Committees collapses. We're these markets that got totally extended overvalued and then they eventually came down and came with a call fair value. Were overvalued again and so there's a lot of impetus and a lot of reasons why the market's going up there's a lot of complacency. In the average investing community because they believe that things just it is this guy is good man it's Rosie Rosie skies. Everything's gone up we don't confuse being Smart as a savvy trader vesta with a market that's going straight up. And we've had to go straight up since the collapse of 08. And so here we sit. At a record high at a Dow the S&P the NASDAQ draw record highs but what's problematic is that we look at some of the other countries around the world. They're not at record highs they haven't gone above their highs of 07. Before the collapse of 08 and so our market if you had to pick one bubble one bubble in the financial markets you'd have to say it's the US stock market. And that's where the bulk of the 41 k.'s are sitting in so now we get to the real issue. Many view of 41 k.'s main the listeners kinda go to retirement program in the United States. And so in your following K you able to participate in the movement higher in price so it's been a great run. But the reality is is is that we get that correction we get that dramatic move down won't be seen historically over and over and over again especially after rallies like we've had. Need to be ready. You to have protection against lost and the problem is most of you aren't prepared and so we get that stretch is not a matter of if it's matter win it has the happens just math. But we're having this great right now. We have to prepare in the key thing is that capital preservation are learning how to protect which you have. Is Paramount and the problem is male listeners are ready for that they're not prepared for the haven't learned how to protect themselves. And most importantly. Is that if they don't learn the skills are gonna give it back again and it's gonna turn a winner in two loser again just like Kevin 2002008. We hate to see that happen so we gotta have a better plan. To protect our capital well you know it's it's it's not complicated it's not difficult it's just different. Lot of people are focusing on going to work a lot of you are folks venting your family 2018 rose got resolutions. If right now your account is in a situation where if the market does pull back 20%. And you're gonna lose 40% you're not protected and that's what we're talking about being in the market taking advantage of the upward move but having protection on that doubts and as a lot of ways to do that and his ways that you can do it within a 41 K absolutely and higher rate. And so there's things that the listeners can learn and slots give basic skills you can use. On a monthly basis and maybe spend 46000 month self directing your money in learning the skills how to protect as it grows. See if you know worst case scenario of the market collapse as you take a very small prix final lost. You don't participate in the rest of the loss that you actually profit from that moved down in price. That's a game changer the most failed is that helps you hit those financial goals. Problem is is that no one thinks that Wacey Wall Street thinks that way but the average American is complacent they put it a 41 K they hope. There's that word hope that'll continue to go up and they scared to death of a collapses and when it does they get paralyzed they ride it down. And they do give back to where they were 5678 years earlier financially. The problem is is that your where you were but you're six years older. And that's the real issue of learning how to protect the reserving his loss because you only get 25 or thirty years. In your career. Essentially to billion Wednesday. And if he takes five or six years to get back to you were five or six years ago you just pick a time down dramatically every two goals and that's why most people worry about run out of money before they die. And many people will and the scary thing is that. You don't have to do that but you have to learn the skills to. Not do that otherwise you might wind up like that and that's not we wanna be enough courses now where they want to be champion Noah and a lot of times people don't take the time to do it. That he they have the idea they have the want but they don't have the drive and don'ts and the side that time. And that's where a lot of accountability comes in that's where a lot of times when people do talk about their portfolio their alone in this industry. And they don't have summoning count on the don't have someone they can trust and therefore they do nothing well what I love about our sponsor election academy what really love about what they do is. People are looking for a way is say okay how do I protect my forward gay how to what do I learned the steel. They teach you I love that and that's why we're so passionate about having them responsible habits because. They take this average person who has no knowledge of what to do in a market condition. And shows them the basics of how to protect preserve and grow regardless of direction. It's a team change for a lot of people that's why we love the sponsor exactly online trading academy the sponsor bulls of mayors they know a lot of people out there wanna protect their capital they want and know there's a lot of people out there trying to protect their capital. That's not have a classic teach at their campuses a 500 dollar value is called capital preservation. Give a 41 KI RA if you have money in the market you're trying to protect while still growing this is absolutely the class 3-D now wanna miss out on this is a 500 dollar class we'll have a few seats give away we're gonna take callers ten to twenty pick up the phone right now and call. 84451. Trade at 844. 51 trait for callers ten to twenty to get a 500 dollar class specifically on. Capital preservation from our sponsor online trading academy. That's 844518782338445187233. For callers to the twenty to get this 500 dollar class specifically on capital preservation from our sponsor online trading academy. Again if you're in the market you're concerned about correction you're still trying to capitalize on the growth. Take advantage of this do not miss out 844. The high of one trade is adamant champ on Bulls and Bears. And. Welcome back the Bulls and Bears a little business Everett adds. Nothing screams wealth intelligence like the little Sanford and Son absolutely and don't forget to head over to FaceBook. Light gets at Bulls and Bears radio and of course at any time 24/7. He got a question for the coach call the coach hotline 877. 904. Trade 877904. Trade. If your question ends up on air you'd be MB prize at the bulls or bears Fries yeah we get T shared in there really nicely but he dude do you have pictures while the guy that people whereas I get really Jim's obviously got beat PT yeah like it's like put not burlap. You know you Wear what I don't have to show ever really a war did you like yet you get there than I yell it out right these are some of these sweet Seve there's still like it's like another us it's just awesome. If it's like where it's like where where Elvis the ads like the kings shirt you know like the the new logo goes up yeah we get the new logo in the process that's that's a little more complex every Garrett did today put on an assured that I was so it is. Jim talk about variety they'd always have bloodier bulls or bears but whether these were costly talking about as the market goes up the market goes down. Sounds simple sounds elementary a lot of people know this morning comes a capitalized. When it comes to making money in a downward move in the market the questions start to come out is that true is it possible how do you do it is that it's called options so many people beacon usually talk about shorting the market. Shorting the market is capitalizing it downward move in the market let's take a moment let's talk about it you want the best fuel in the world and explain it. I don't know what it means it's with a wealth has produced its with a weed gets separated from the chaff in the financial markets. The people and how to make money regardless of direction a price. And if you think about it mostly in the forward case you'll only make money if it goes up dramatically because of it goes up a little bit. The fees eat up your profits if it doesn't go up you lose money could you pay fees if it goes down you lose in fees and you lose in value of the position. So you really got a very low probability that ability to make money if you get on me money one direction. See the successful traders and investors are Goldman Sachs UBS is successful individual traders Buffett Paul Tudor Jones. They proffer regardless of direction they don't care about up or down they just need movements. Movement is good movement is our friend and for many people. You don't know what to do the market false you don't know how to profit for a move down you've never been tot and it's not a complex skills not difficult. Just different. And once we start to understand it when I love bubbles embezzle our job is to make this is simple as possible because we know most of you don't have a clue about how to handle your money. In 41 case it's under management somewhere you got some Edward Jones or some big investment advisor giving you advice and you know what. We have a whole school of thought on that and why we believe you do better job managing yourself here bulls bit we're big believers in self directing your money. For the most parts. Most people have no concept Hata proffer goes that direction and when you look at history history in the best traders investors they profit regardless of direction in other words. Up is good and down as good in yet if you're driving down the road right now and you don't understand that or believe it's. There's a problem that's what's gonna separate you from the successful people because you are missing out on a tremendous opportunity to profit regardless of direction. Is simply a process that anybody could learn. Anybody listen to us and you could implement in your own trading and investing long term for nest egg wealth building. We're short term regenerating come short selling or making money when the price of something falls. Is one of most prominent and most important things you need to understand in if you don't learn it. Probably never gonna get over the hill results wise and your finances because you're not gonna have that ability to profit regardless direction the market's gonna go up is going to be an. Well that's the biggest struggle for people's when they do take it when they 2008. And at least 3040% or mistake it sets them back so far time wise 5678. Years just to get that money back. Where do you think if you capitalize in that downward move didn't lose and it took advantage of the upward swing on the other side. It's a game change I mean I've seen people accelerate their retired Google's Letzing people gear and to the point where they can achieve their goal. Well before the age of you know in their sixties people are retired 45 years old just like capitalize in both directions of the market it's essential. And if you ever wanted to financial goals and we have these big moves down in price like in the S&P we are following gets crushed. You costly trying to get back to where you were like you said you run out years. So we can profit when that price falls I was not to sit on the side or take that loss. You know sitting cash and wait for the buyouts or just take the ride down and give all those profits back we can make money on that moved down and it's called shorting a short side let me give an example. Six a stock Coca-Cola based in Atlanta Georgia. You know kind of honor the fact that this is who possible via a college football championships here in Atlanta. Coca-Cola stock has been around forever large cab blue chip stock trading around 46 bucks a share. If you believe it was gonna go to 42 you could profit from that Ford all moved down. Now a lot of people would say god god wait until it fell to 42 and a buyback in at 42. But if it's at 46 it is gonna go to 42 muscle make that four dollars and profit because what a moose for box. There's an opportunity for somebody to make four bucks upper down as a relevant. So what we could do is as we go to the market we can sell the shares of stock at 46 now. When we sell something that we don't own because the benefit of using the market to short position a short sell is that we're selling some that we don't know. And that's where a lot of people have the confusion of I'm not certain how this works I don't why sell some I don't own. Your broker owns it so your broker is gonna allow you to use their shares of inventory to sell into the market at 46. Understands that what your broker folks. They're trans actually bias when you execute a trade would you hit the button so to speak they get paid a commission it's a small piece. But it's a commission is no way around that it costs of doing business. So they want you to be able to execute trades and investments. And so they're gonna make shares available to you to sell that you don't own that they don't into the market so that you hit the button and could charge a commission. So when it's at 46 you go to the marquis hit short sell. And you broke a platform. The stock it's sold into the market forties about six bucks a share on your behalf. But you didn't buy it you didn't own it you sold it without owning your broker's allowed you to use their inventory to sell at 46. Now. Your gold. And your belief is as gonna go to 42 so your goal is to buy it back at 42 because at 42 if you buyback would if you W soul and 46. And you bought it 42 U. Bought a low and sold high you just did it in reverse order that's all shorting is don't over think that is so your broker allowed you to sell shares at 46 dolls this year into the market. Using their inventory. You're now on the hook you called short the position you have to buy the stock back the call that covering the short but your goal is to bite back at 42. So when it goes the 42 you buyback the moment you buy back the majority goes right back in year brokers warehouse so to speak and what have you done. When you sold a 46. And bought a 42. That Ford all the sheer difference that stays in your cap that your profit. On a hundred shares trade for a box on a thousand JG made four grand on a stock you'd never owned. That's shorting. That's an example using a Coca-Cola you can use in a variety of ways and a variety of different buckets of money in your counting your portfolio. And it's a real game changer want to learn exactly an online trading academy. Sponsor Bulls and Bears they understand a lot of people of questions on shorting they don't want the Anderson a lot of people want to learn how to short. That's why they have a class taught on the campus on shorting the market is a 500 dollar value. Every time we get this class away here a Bulls and Bears the phones let W do not want to miss out on this there's a 500 dollar value we're gonna take callers fifteen to thirty. Pick up the phone right now and call 84451. Trade. That's 84451. Trade for caller fifteen to thirty feet a 500 dollar class I'm sure in the market from our sponsor. Online trading academy at 84451872338445187233. For callers fifteen to thirty. You know 500. That's 84451. Now. Trade does that mean champ fumbles in bears. Welcome back the bulls the bears the bureau's data that just go ahead as of last have a good time and good classic rock and roll every that's exactly like that I do take you back breeze we've been active at day Beckett today. Don't forget to head over to FaceBook alike is that bulls or bears radio and of course we got a question for the coach he called 447 call the coach outlined a 877904. Trade at 877904. Trade get a good question coming up here a few minutes. She and talking about a variety of things one of the biggest components that somebody actually treaty is investing successfully. Verses somebody's not successful consistently successful in the market. Is who manages their money. And a lot of times a lot of people take the bulk of their wealth for one k.'s diaries TSB's whatever it is. They'll give it to somebody else and they will hope for the best of that person takes care at the right way let's take a moment let's break it down. What does it look like for someone to manage their own funds you know it I column we call self directed what does that look like. Well it'll staggered him because during the collaborate at the class of 2008. As senior Coachella treat academy I had more money managers come limping in in my academy and came in our school. I mean people that it managed. Tens hundreds of millions of dolls of people's money came in saying wouldn't want to do. I mean I people literally made me swear to secrecy that I wouldn't tell students sitting next to them in our academy what they did for a living. It was amazing to watch. And here's the problem is a lot of good money means that there's a lot of people out there that are making a difference for people but. There's a lot of people like you and I they can learn to manage our money yourself. And when you talk about a professional in the financial and shoot you talk about a professional. A professional and any other area is somebody who's really good daddy steel. In the financial markets somebody's professional is not essays some he's a good trader investor at some you pass the test that somebody got licensed. They had to pay they had to go and pay money get sponsored by a broker dealer and go to a compliance program and learn what they can and can't say in the sales process. But selling you into their investment programs. Seem to understand something. A lot of Wall Street has the masses convinced that your not Smart enough to manage your own money and that's the big lie on Wall Street we talk more costly Bulls and Bears. It's really sticks in my craw that there's a lot of people out there who are. Or don't believe they're Smart enough to do a better job managing your own money and I've seen people dumber than you I promise you. Who built wealth in the markets because it's not a complex system is just following a set of rules. And so what we find it knowledge in general we fight Bulls and Bears a lot of people in reaching us and I wanna learn how to mend my own money. I'm paying these fees to some license person who may be a good trader investor may be not. You ever notice when you're sitting in that certified financial planner that Reza best advisors office. Daily spit out a pie chart of things that you need to buy in other words you to buy some bonds due to buy some stocks you to buy some video some commodities. And they always have what's available for you to buy on your pie chart they have to sell you. They're amazing. And gonna charge you fees. To manage the money. And yet everything that they can do from investment strategy you can learn to do yourself and not pay defeats. And the problem is is that when you sit down with somebody like that. Because they're licensed you believe they have your best interest at heart maybe they do maybe they don't you believe that they know what they're doing I've met so many money managers and have no money. It's amazing. And so you wanna be a practitioner of learning the skills are trading investing so we talk a lot about self directed what that means is for the average person is you could spend six hours a month. Net to commit to this. Eighty to do a better job than most money managers could I've seen it. And I believe it's. It's not as sick as your smarter than them because it doesn't take a high IQ to be successful take somebody can follow rules. This rules around probability that rules Iran decision making that allow us to be safe in the markets in yet still have great opportunity. And anybody listening to rush you could learn those skills and that's what we bang the drum so horrible habits could you convinced that good you convention not Smart enough for sophisticated enough to manage your money. And that's a lie. And as wiest if you go forward and do better and take control your money it's called self direct and take about this could be you know. In a 41 K who's gotten wealthy uniform Kerry who's built well think about that. Or you know making a living in a 41 K and is where did scared to death about a class in the market that give all their profits back. See we have to learn a better system and we learn the skills of self directed opens a dual -- do better long term more poorly have to pay those fees. And you can shell that money as well and grow that money. Direction becomes irrelevant up is good down as good this so many benefits there's no downside to learn the skills except it's gonna take some time and commit on your part. When you do it. The sky becomes a limit. Absolutely and online trading academy the sponsor bulls a mayor's. They know a lot of people out there wanna cell interact and that's what they have a class specifically on self directed the 500 dollar value. And a lot of times people don't know how to get started they don't know the questions answered don't know where to begin what brokered use. This class will definitely help with that it's 500 dollar values talk right at the campus. We have the feces to give away we're gonna give way right now be callers ten to twenty and pick up the phone call 84451. Trade. It's 84451. Trade for callers ten to twenty to get this 500 dollar class and self directed from our sponsor online trading academy. 241 K and hiring you wanna manager money is great opportunity for your call right now 8445187233. That's 8445187233. For callers ten to twenty to get this 500 dollar class taught at the campus. I'm self directed your portfolio from our sponsor online trading academy that 84451. Trade. 84451. Trade for callers tender twenty to get this 500 dollar class. Champ at the game changer for a lot of people once and ought to do it it definitely can separate them and again if you want this opportunity is self stretcher portfolio pick the phone call 844. 51. To trade does that mean champ on Bulls and Bears. Welcome back the bulls the bears under oath that but this still have a blast had a good time to join avenue digs here at the Bulls and Bears. Yes great we really got some upgrades on the wall the artwork of the caricature of bulls in Beirut is really awesome I mean so go to FaceBook. Our FaceBook site you can see live and in person what it looks like absolutely light jazz and Bulls and Bears radio and of course and at any time you gotta question the coach called coach outline. 877904. Trade and that brings us up Bruce from Tampa go ahead Bruce. Paper from Tampa on my question is. How would you advise someone. Whether to. Short the market or. The bet on the down side using put which I believe there's a little bit left which you've been shorting. Who enjoy your show thank you. That's a great question Bruce and a lot of people what's amazing is that we talk all the time about making money when price falls in the market on people think that that's what it means is using put options are buying a put option. Which is one way to take Emanuel moved down in price in the market. And it's a good question but what I wanna do just kind of get the list is up to speed on the fact that. What shorting is a short selling is is when something falls in price in the market we can profit from falling in price. One of the great things about the financial markets and it's been well document historically is that it's a zero sum gain in other words when somebody loses money somebody else makes money. So if you own stock in it goes down three bucks a share you lose money. What money shouldn't vaporized in despair or somebody else mead the money on that lost the lord your loss was somebody else's game. And so when we talk about shorting a short selling what that means is that. We're gonna make money when prices fall those were anticipating a price falling. We can profit from that moved down now one way to do that is my short selling or shorting a stock or mutual we can't really do mutual fund but an exchange traded fund or. You know currency or commodity there's a lot of things we can short. Another way is Bruce so eloquently stated was we could use an option which means that I can buy something that says a price falls. I make money. That's when an option does a put option and I don't confuse the listeners what I want you understand is this. Up is good and down his could so direction as a relevant to a successful trader and see the problem with a lot of people on the listeners is. You have a hard time putting your mind around the fact that once price falls you can make money because we've been trained. And programmed to think that up is written down as bad. And that's the mystery of Wall Street right. The reality is up is good and downs could so when somebody loses money somebody makes money so. When the market collapsed in 2008 they talk about the largest transfer of wealth and other words a lot of people had money in 401 k.s. They lost the money but it really wasn't loss who's transferred to someone else in other words. You've never lost money in the market it's a transition into somebody else's account who's on the other side of the words you expected to go up. They expected to go down and they profited when it went down. So for many people the concept of making money with something falls in prices foreign to them not shouldn't be. Because Wall Street's been doing it since the beginning of the markets. And many of us that in those of us that understand how the markets work have been using the market to make money regardless direction for a long time. Yet the masses. The average person driving down the road right now doesn't understand it so we gave a brief explanation what it means that all kind of touch on Bruce's question. If our short sell a stock closest he's stuck like Coca-Cola for example. Mean Coca-Cola based out of Atlanta Georgia big chart company been around a long time blue chip company large cap stock. Multinational billion dollar company stocks traded around 45 bucks a share. So far I believe the stock was gonna go to forty and it was at 45 I could profit on that five dollar moved down one way to do that is by shorting the stock. But his which shorting means selling something we don't own now that's what the disconnect happens for a lot of listeners. How to I sell some if I don't own it well your broker allowed you to sell shares of the year inventory. So let's say you have a broker and you open up an account you want a short stock and it's that 45 dolls shares Coca-Cola stock do you think it's gonna go to forty. And you decide you wanna make money on that five dollar moved down in price. Your broke below I need to sell the stock out of their inventory and other which you can hit the cell but in your platform. And the broke want you to use their shares of stock Coke cola stock to sell into the market at 45 dolls share. The moment you do that you're short a stock commode you shoulda used to enter a trade. You sold answer. So that's what the disconnect comes to what people think how can I sell some I don't only brokers allowing you to use their inventory because they get paid on a transaction basis in other words. When you hit the button the buyer so suddenly get paid so they're allowing you to use their inventory of Coca-Cola stock to sell into the market at 45. In advance of a price fall now when you sell the stock at 45 you are now short the stock which means you're on the hook to buyback. But the goal is to buy back a forty. Could you buyback at forty the moment you buyback the call that covering your short. The shares go right back in your broker's inventory and other would you borrow the stock. Soul lit 45 when it fell to forty bottom back them only about a bag goes right back in your brokers in Detroit you replace the stock they did their stock back in place. And you get to keep the difference between 45 and forty that's five bucks a share. That goes in your pocket so he made on a hunt Rich's former boxer and a thousand is 5000 bucks. On a stock went down five bucks and you never own the stock. That shorting and that's a great way to profit in the market. Exactly and Bruce that's exactly why you need to call in when you have questions like this because a lot of listeners have questioned on shorting. They don't understand exactly what to do and you know what that's perfect to be open up the idea that idea that you can make money in a downward move the market. That can take you the next level online trading academy to sponsor Bulls and Bears they understand a lot of people like Bruce. Have questions about shorting the market energy a lot of people are wondering how to capitalize and a downward move and that's why they have a class specifically on shorting the market from our sponsor online trading academy. There's a 500 dollar value every time we give away your Bulls and Bears the phones light up it's gonna happen right now we're gonna take callers to hand the to 25 you do not want to miss out on this of you concerned about making money in the downward move the market. Learn to do before it happens via the phone call. 84451. Trade a date for 451 trade for callers to mandatory five to get a 500. Online trading academy that's 84451878233. 8445187233. Callers to end at 45 to get this 500 dollar class on shorting the market from our sponsor. Online trading academy version not alone what this we appreciate the call and again if you wanna learn how to capitalize and a downward move the market be collars Tenet when he 5844. 51. Trade this is that a chance fumbles in bears. Welcome back the bulls the bears that Rios added a fifth got to divide a poisoning with the fellas. To aid ship ever to get tell people stop by the Booth here this operatives like Fred as a badly it and people that I don't know high dollar tickets for these jobs intelligent man united see a spy on the glass and a lot of people just want I want a piece of the action you know I'm fitter and person that's of people that while you they say the cameras that crowd support what he did it that CFM and you could CSI you could see his legacy aside FaceBook we do all these great clips waxy. We're gonna have a YouTube channel samples have been as YouTube channel to gonna have some great content that are gonna be poured out to the local masses about capital preservation than growing wealth and make you money in the markets though. Exciting times here Bulls and Bears as we. As we broached into the social media side of 2008 of the world yes you know for me this is a whole other animal the F they get years ago we did you think yep I'm excited demeaning and I had a quarter my target a pay phone that's I Michael Baghdad for a dime that's your calls. Over to Dan over to face lookalike gets that bulls or bears radioed of course 447 if you got a question for the C coach called coach outside. 87790. Ford traded again we appreciate Japanese call from earlier but she at one of the things I want to talk about. There's a lot of people are in the market and as it Weathers that Dick calling conversation or people with 41 k.'s there's people all the time that are in the market for the wrong reason they're the mark because we're told to be in the market there's the mark bees and wanna gamble. Very few people have long term consistency or very few people ever get to the point where they have you know such consistent success they can treat as a business. Online trading academy and you know personally champ that when you are in the marquee should be treated as a business let's take a moment let's talk about what's the difference of discipline trading. In doing this long term. We were the British student some becomes an academy aces I wanna make some money in the markets are wanna grow my own wealth ornaments minus day Garrett I wanna make money in any market direction. All the things that they begin to realize is available. We immediately tell them that first and foremost Jeff to treat this as a business in other words. If you're gonna open accounting and put your hard earned money time capital energy resources into learning a skill. 'cause that's what it is yet to treat like a business don't it's not a hobby. And so when you start a function as a business and you have a plan in place you have specific rules that you followed you have goals you set you have specific amounts of capital you wanna utilized. So when you have a plan in place and some film a structure. It allows you the ability to start to grow a business because what's great about the financial marks his. I can structure of the business but those like him right off like it I can set up an entity that does my trading and investing I can take a deduction from that I can take a write off likened. Be self employed if you will. Those a lot of people that the American dream they chase it his own owner owned business build equity grossed something and land of opportunity. And has a lot of small business owners out there in you own a business to business owns you and I know but I've been a small business owner I was a contractor for years you know what drop in morale letters on the top my truck. Wonder why people more pain me wonder why guys won on the job. I eight feel your pain I empathize but what I found a financial markets when I saw this picture. But I can all the business were I had. Unlimited income opportunity. I didn't have to have a liability insurance overhead workers club employees staffed inventory leasing a building. I can literally sit in my home in if I had a good skill set if I had develop my skills to the point or. If I need to buy some I had people to sell it to me if I need to sell some people to bite me. And I could take all the deductions it right off as a business. That's the dream. I commit money in my house not to recruit people wanted to sell a product. Literally just log on and I'm in business and if I have a good skill set I know a little bit more of the mass like can be consistent. That's the dream and that's what the opportunity is a financial markets and prom is may Google don't look at it that way if the dream is alive and well. It's America the land of opportunity. Absolutely not light trading academy to sponsor Bulls and Bears have a class specifically on trained as a business what are your brain is the marquee been marked for years and you're looking to set this thing up where he can. Say yourself up to get paid on a weekly monthly basis is what it's all about. Is a 500 dollar classes taught at the campus we're gonna get too few seats away we're gonna take callers fifteen to thirty pick up the phone right now 84451. Trade. That they 4451. Trade for callers fifteen to thirty to get a 500 dollar class on trading as a business. From our sponsor online trading academy once again 8445187823384451878233. For caller fifteen to thirty to get this 500. Treating as a business from online trading academy if your brain do the marketer may be looking to get into some sort of business and he wants of this opportunity is all about this is a huge opportunity for you because fifteen to 384451. To trade adamant. Is that a good chance fumbles in bears.