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Ride or Die.

If you want to be serious, don’t do this. If you want to do this, then that’s cool, all I ask is that you don’t tell you friends and family you are a “trader” and/or “investor”.

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Transcript:

I have no problem with this strategy,but please just be careful what you tell your friendsand family you actually do.(intensifying swooshes)This is nothing new, but it's still,there's some educational things in here,but there's also I guess me venting,and then me also making a requestto those of you that maybe do this sort of thing.So like I said, I don't have any problemwith the strategy, and that's in air quotesfor a very big reason, but all I askis, if you do operate in this manner,when your friends, when your family,when whoever you come across, just don't say yeah,I'm a trader in the markets, I tradethe stock market, I'm a trader.Don't say that okay, just don't even talkabout it because you are not a trader, you are a gambler.And like I said, I don't have any problemwith you using the market as a casino.As I always say, from a personal finance aspect,I commend you for saving the plane ticket out to Las Vegas.If you can just save the plane ticketand do it from the comfort of your own home, awesome.But all I ask is just realize you're gambling,and don't go tell people that you're a trader,because that gives the rest of us a bad nameand there's a reason why a lot of us haveto deal with the misconception of when you tellpeople you're a trader, you get the oh,you know that's gambling, right?And then you gotta just kind of tryto explain well, so, now if you're maybe brand new,don't operate like this person does, okay?So I guess there's that out there too,if you're totally kind of unsure,this would definitely be how you don't wantto, this is not a strategy that you should be using.So let's just get to this comment,I think it's pretty apparent what's going on here.Feel like a sheep, getting in line to get slaughtered.Still bullish, not selling.Then #200KOfShares, and then the #RideOrDie.And the strategy of ride or die,meaning hey, let's go big or let's go home,I don't have any problem with it, as I've said,but that's just totally gambling.That is putting it all on black,and then just seeing what happens.And if this person is then goingand telling their friends, yeah I'm a trader,or yeah, I invested in the markets.No you don't, you are not trading,you are not investing, you are gamblingand you're using the market as a casino.But, that's fine, just please, I'm begging you.Now if you're thinking, wait what, go big or go home,ride or die, that's, to the new people,that's not a strategy, you can't just sayI'm going all in, or boom or bust.If you want to be a trader, you have to startto focus on risk analysis, risk management,how to control risk.Notice I haven't said anything at all about winning.It's all, trading honestly has zeroto do with winning, 'cause a blind monkeywith their blind-folder on their eyescan throw a dart and actually win in the stock market.So trading, investing truly has nothingto do with winning, it's all about risk control,risk analysis and understanding howto really, at the end of the daywhat you should be telling people if you're doingit right is that you're not a trader,you just, I'm a risk manager, that's what really you shouldbe telling people, because that's what tradingactually is all about.And obviously, ride or die is not risk management,it's either boom or bust.And what I found fascinating though is that this personadmits that they feel like a sheepbeing led to the slaughter,but I don't care, I'm still holding.If that's not gambling, if that's not degenerate gambling,I don't know what is.I mean that's, they know it's a bad bet.They have the feeling that yeah,this bet is leading me to the slaughter,but I don't care, ride or die.That is degenerate gambling at its best,and that is definitely not what you want to do.You want to be focused on managing risk.I get it, this goes without saying for most people,you understand that the boom or bustis a recipe for sure there's some gains,but the problem with getting a gainwith the ride or die is oh hey, it worked.Let's do it again, and you know what,it might work again, but eventuallyit's not gonna work and the bus takes careof all those wins.The rider die, the die takes care of all those timesit actually did work.So long-term wise, it's just not a viable strategy at all,hence why it is gambling, and that's not how you wantto approach the market.Again, if you want to do it right, go for it,just don't call yourself a trader.Don't call yourself an investor,just tell people, you know what?I don't want to pay for a plane ticket to Las Vegas,so I sit at home and I'm a gambler using the stock market.If you do that, I have no problems at all.If you are out there trading alone currentlyand maybe are in the market lookingfor a community to join to assist youin your trading, or to just help you give you another setof eyeballs, then I do have a private trading communitywhere you can trade alongside meand other experienced traders.So what you see popping up on the screen right nowis both an information link, so if you clickon the Inner Circle one, that is goingto take you to the page where I explainall the details of what exactly comewith the community, both the chatroomand the newsletter.And then the other image that has popped upis a behind-the-scenes tour where you can seeexactly what 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 precisely what you are gettingwhen you join.So definitely check that stuff outif you are interested and thinkingabout wanting to join a community,and let me know if you have any questions.

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How to Kill Your Stress, Fear, and Frustration as a Trader