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Find Motivation in This!

I had someone get extremely negative in their thoughts about day trading the markets, but in doing so, they revealed something that we all should fine very inspirational and motivational.

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Transcript:

I hope this video motivates youand I love when people try to make a pointbut then they actually prove a great point.Let's get to it.(logo slams)I've done videos on this topic before.So I guess it's just kind of a repeat of what I've said.But hopefully I can offer you up some motivation'cause here is somebody that is pretty much just,they're basically just bashing trading,they're bashing, they are a lot of negative assumptions,a lot of negative forces we'll call itbeing exerted upon this whole thing we call tradingand trying to make it as a trader.So this person has the sledgehammer of negativityand they're just bashing.But then they do something which is what I always argueabout and what is what I argue for,which is actually, and should be very motivational to you.So let's get to this comment.So Tim says, if it sounds too good to be true, it is.You'll sooner lose money than make money in any day trading.Do some reading, over 90% of traders lose money.They almost never show you the ugly partswhich can be found in their day trading account statements.Now Tim, I will agree.A lot of people on the internet, social media,blogs, yeah, they like to hide the ugly parts.I'm not gonna argue about that.That's why I always try to do my bestto show losing trades that I've hadand I've blogged about articles where I'veruined my month before, I've blogged where I'vetook like a $1500 hit 'cause I broke some of mylong-term investing rules.So I definitely show the ugly and I do my best at that.So I do agree there though that a lot of people don't.But do you realize what you said?90% of people lose money.Again, I'm not refuting that, I brought upthat statistic many times over and over again.But what about, what is that saying about the 10%?That would say that 10% of people don't lose money.That 10% of people make money,that 10% of people are consistent.And that tells me that this whole trading thing is possible.So sure, you make it sound like it's totally impossible,but if it was impossible then you would be saying 100%of traders lose money.But that's not what you said.And you didn't say that becauseyou're actually being honest.You're looking at things objectively, but you're skewed.So I get it, the vast majority of people do lose money.And that's like the whole point of Clay Trader mail segment.If you've gone through videos and videos and videos,it makes sense why 90% of people lose money.I mean, I've had I don't how many videos of theseI've done now, but there's a whole lot of data pointsand case studies of people who are like, yup,that makes sense why failure rates are so high,why so many people lose money.But, that doesn't mean that it's impossible.Now if this was professional roulette players,then yeah, that would be 100%because roulette, there's nothing you can do,you just pray and hope.A lot of gambling, there's no such thingas a professional slot machine player, right?'Cause that's totally random, you cannot do anything.If Tim was telling me about slot machines,that number would not be 90%, it would be,over time 100% of people are gonna lose money.At best, break even because it's just math.Casino's know math, casinos know what they're doingto set things up.Can you win, yeah, absolutely,but to make a career out of it, I do not know of any,what do you do for a living?I play slot machines.What do you do for a living?Oh, you know, I hang out at the roulette wheel,I've never heard that.Now what do you do for a living, you know, I play poker.I have heard that because again, poker you can docertain things where it becomes a probability game.So that's why I would argue that pokerthat somebody actually knows what they're doing,you know, can give themselves statistical advantagesand the proof of that is always, you know,you look at poker tournaments and maybe not the same personis always winning, but you have certain namesthat are always going pretty far in a tournament.And if poker was just pure randomness,then those people wouldn't be able to make namesfor themselves because they would not be ableto do what they do.So don't let someone discourage you when they asy,you know, trading, blah blah blah, blah blah blah,and all the blah blah's are negative.Keep 'em at, well so are you saying that every,well no I mean, it's a majority of people, it's like 90%.Heck, let's say 95% of people fail.Wait, that implies that 5% of people succeedand embrace that.Now is it easy to become part of the 5%,become part of the 10%, no I'm not gonna sit hereand say that it's easy.I'm not gonna say that I sell some sort ofgreat system that's gonna make you guaranteed in the 10%.But I am confident that if you're willingto approach things the right way,if you're willing to apply yourself,then yeah, it certainly is possible and I'm surroundedby people that pull money from the markets.Now are the people in my community driving aroundin Lamborghini's and have 8,000 square footmansions in Maui?No, but are people contributing, supplementing their income,creating new sources of revenue, yeah, absolutely.So it all depends on exactly kind of howyou define successful too, but yeah, I will agree.90% of people do fail.But, remember Tim, that implies that 10% of peoplecan make it work.So use that as motivation.Trading is not just random gambling.It can be treated like a casino,but if you treat it the right way,if you go about things the proper way,then yeah, there is a literal chance at success.If you are out there trading alone currentlyand maybe are in the market looking for a community to jointo assist you in your trading or just help you,give you another set of eyeballs, then I do havea private trading community where you can tradealongside me and other experienced traders.So what you see popping up on the screen right nowis both an information link, so if you click onthe Inner Circle One, that is going to take youto the page where I explain all the detailsof what exactly come with the community,both the chat room and the newsletter.And then the other image that is popped upis a behind the scenes tour where you can see exactlywhat is going to be contained within the community.I take you through, like I said,a behind the scenes tour of everything,and that way you'll know preciselywhat you are getting when you join.So definitely check that stuff out if you are interestedand thinking about wanting to join a communityand let me know if you have any questions.

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