When evaluating extraordinary trading claims, traders should apply critical thinking by examining evidence quality, broker legitimacy, and behavioral consistency. Extraordinary claims require extraordinary evidence, meaning traders should verify claims through official broker statements rather than social media screenshots. Key red flags include promoting unregulated offshore brokers, displaying material possessions (jewelry, cars) as proof of wealth, and making claims without verifiable documentation. Additionally, traders should assess whether influencers actually trade live during market hours or only post recorded content, as live trading demonstrates real-time decision-making under pressure. The validation trap—where happiness depends on external validation through material displays—can lead to poor financial decisions and should be avoided.
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LIVE BANK HOLIDAY | Nasdaq Futures Scalping | Learn Prop Firm Trading (6/19/26)
Added:I'mma rep every [ __ ] hood. I'm about to rap every hood. So you just need to start shaking.
Come closer. I'm not afraid.
We both know my jumping on me like that.
I swear no girl makes me feel like I'm underneath your bed. If you jumping on me like this, I swear this girl makes me feel like this. No feel like this.
My girl, you're so under appreciation just cuz your body ain't so much as you should be.
How do you expect me to be so patient?
My girl get so under appreciation.
Let her do what she want my baby.
Let her just like abra hold you up.
Breaking down the way you spin you around straight to the ground. I start to roll the way.
>> Put your bag in it. What you waiting for? Put your bag in it. What you waiting for? Put your in it. What you waiting for? Put your back in it. What you waiting for? Put your back in it.
What you waiting for? Put your back in it. What you waiting for? Put your Put your back in it.
Put your back in it. Put your back in it again. Put your back in it. Put your back in it. Put your back in it. Put your back in it. Put your Put your back in it. Put your back in it. Put your back in it. Put your back in it. Put your back in it. Put your back in it.
What you waiting for?
I got 100 cars just for the underdog.
Just as messed up saying Iin't great.
I cut off my roof. You know how I'm coming. Take two. Tell a [ __ ] get out the way. 4x4 big phantom. They thought I was cancelled. I piped up and flipped the channel on the brim. Think we win. I just my brother [ __ ] ain't safe when you [ __ ] withdig.
I'm just being honest. Throw me a magical honesty in case it get really be honest. She like I got in the bank and the [ __ ] be hooked like I up my rank cuz I got [ __ ] [ __ ] I think the [ __ ] forgot where I came from. I got matching match with I pull up. I think I'm [ __ ] like turnig and start up a shoot at the club and shoot at your partner then shoot at your block and then shoot at your house feeling like my catch my mouth >> let the floor Let the floor.
>> Oh my god. Can I try on your glasses?
>> She don't know when I'm touching on her.
Face town [ __ ] love baby come here I'm a grip on you ain't got nothing to say what you going to say about her know I pull up a y know I'm stay driving with the [ __ ] cash.
Honey, my baby girl, she a baby girl.
I'm out of control when I'm crushing on you. She don't know when I'm grip on you. Y'all [ __ ] ain't got nothing to say. What you going to say about her? Y know I pull up and spray about her. Y know I'm late around her.
Call me cash or I go crazy about her chance.
I'm out of control when I'm crushing on you. She don't meigpay about her. Y know I'm late. I'm stay crazy about her.
I go crazy about her.
>> You know, young rich [ __ ] you know. So we ain't really never had no old money.
We got a whole lot of new money though.
>> Rain drop top smoking on cooking a hot [ __ ] on your [ __ ] Cooking up in the crockot. We came from nothing. [ __ ] I don't trick. Call up the gang and they come and get me a river. give you bad and bougie. Cooking up dope with a uzi.
My [ __ ] are savage. Rofless. We got rounds, too. My [ __ ] is bad and bougie.
Cooking up dope with a uzi. My [ __ ] are savage. Rofless. We got rounds, too.
>> I take your right from you, [ __ ] I'm a dog.
>> Beat her walls loose. popping the frog.
Woo!
>> I tell that [ __ ] to come for me. I swear the [ __ ] is under me. The hat and the devil keep jumping me. Banks on me. Keep me company. Hey, we do the most. Yeah. Pull up and go. Yeah, my diamonds are choker holding up with no ruler. Diamond cooler. This a roller, not a mab voodoo magic with a bad [ __ ] then I send the [ __ ] through Uber. I'm young and rich and plus I'm bougie. I'm not stupid so I keep the uzi on my money making my back. You [ __ ] got a low rate. We fat cookie blunt [ __ ] smash hop drag race. ISame and currency exchange around lady eyes red and it's not Baby, is when you're next to me, it's ecasy.
Let's roll.
Tell me when you're moving. Is it close?
If you're really going.
>> No, won't cry. No, won't cry. Won't shed a tear. I said I'll take out.
You said you wanted to be somebody.
Whoa. Whoa. Whoa. Whoa.
When you're next to me, it's ecasy.
Tell me where you're moving.
If you're really going the most selfish girl alive in my kitchen these days always running away. Why do I say sorry with my thumb on the Do you really want to spend my money?
>> Do you want to take it all >> in my house with the engine running?
>> Are you going?
>> Do you want to take it off me?
manifesting to be sitting here present, confident, seeing it, executing it.
>> What the hell?
>> So, I think I'm going to add to this position my stops to break even. Boom.
Boom.
And boom day. Come on. 1K.
>> 690 with micros.
And I'm gonna close that. Ho is mad.
Chat. Chat. Ho is mad. Chat.
>> All right, chat. Close your eyes and sell. Here we go. Just don't even look at it, chat. Why would you put a stop loss on it? Are you crazy? Why would you use a stop loss? It can't get no better than this, chat. Oh my god, she's up $5,300. We're going to close that trade.
Five grand live on stream.
No Sound. No sound. No sound.
How come there's no sound?
How is there no sound?
Let me see in the green.
I don't know what.
Can you hear me now?
Oh, we're good. Okay. Okay. I don't I have no I don't know what happened. It was a glitch.
All right, but good morning everybody. I say good morning to everybody. I'll say make sure you get up and stretch. It's happy Friday. Make sure we smile. It is a bank holiday today. I'm going to be hands off on these markets. Um so today's stream is going to be a little different.
Not just because it's a bank holiday.
Yes, you can find some setups of course.
Uh just know that the big sharks are not in the water moving the markets on bank holidays. Typically it's just retail traders.
It is just retail traders moving the markets. Um so sometimes volume could be questionable. Um movement can be a bit questionable. Not saying you can't make make a move. There could be moves sometimes. Um but professionally usually just kind of like to be hands off and take it as like a a little break, you know, a little break, a little day off.
All right. Um, but as you know, I do stream Monday, Wednesday, Friday. So, instead of missing this stream, I would come up here and have a little fun. So, today we're going to do some reactions cuz a lot of you sent me some things. You peep the poll. A lot of you guys sent me some things that you wanted me to talk about.
So, we're going to have a very sophisticated conversation today on stream.
Um, hopefully you're looking forward to it. We're not here to bash any individual. We're just going through what's going on. So, there's trader drama, there's prop firm drama, um, all the above going on. We're just here to react to it. That's all.
All right. So, like I said, we're going to have some fun today. A little bit of a day off. You did a nice 500 today.
Let's go.
Thank you for being here today. Thank you, Marina. Thank you for being here, Marina. Appreciate you. So, chat, today is a big day. Do you know why today is a big day, chat?
The day my book drops.
Yeah. Yeah. Yeah. The day the Well, it dropped August 1st, but if you're a member, today is early access. You can get the official payout playbook right now if you are a member. Go ahead into the Discord. You will see it under the free stuff category.
Okay, under the free stuff category, you will see the payout playbook if you're a member. If you're not a member of the channel, if you go to the free stuff category, there's still free stuff for you. You just can't see the book just yet. Um, August 1st, the book will be released to the public for free. Okay?
But um other than that, if you want it earlier, you got to become a member. So that's just the perk of being a member.
So I'm super excited for you guys to read this book today.
>> Okay.
>> Now, if you're in the Discord, >> who's excited? Who's excited for the book? Y'all, >> you downloaded it last night. Oh, you're funny. You waited till you saw it at midnight. It was there at midnight. So, if you go to free stuff, like I said, there's free stuff here for everybody.
Oh, you can't see it. You can't see it.
>> Here we go.
>> There's free stuff for everybody. If you guys can't see everything, click on free. Free. Free. This is for everyone.
Also have some other stuff for you guys.
If you click on 3x journal templates, that stands for three.
There are three different journal templates. Let me turn the music down a little bit. There are three different journal templates in here. The first two you've probably seen before. It's just like a trading dashboard. We got light mode, dark mode. That's two. And then the one that I added yesterday is members were asking me about calculating stop losses. And I gave them a sample of how I calculate my stop loss. Um, so this is just an example of filling out your trade setups and this is solely calculating your stop loss. So your entry after you entered, how many points does price move in your favor?
How many points does price not move in your favor? Right? How many points are you in draw down before it hits TP or before it hits your stop loss? Right?
Everything is very much calculated. It's a very very detailed um of analytics and then it kind of calculates for you. So it'll say hey when you use the previous candle um about we'll say 70% of time it's good. It doesn't stop you out. Hey in this setup when you use the previous structure higher low instead of the previous candle maybe a wider stop you make it 90% of the time right? So, it's there to help you to figure out what different structures should you be widening your stops with this setup or this setup, can I use a little bit of a tighter stop? Right? It's there to help you calculate on average. Of course, we can never truly pick uh the best stop loss, right? Um but at least this can help you get a better idea of what's the highest percentage chance this won't stop you out. You get what I'm saying, chat? Um, so it's a very advanced journal. Again, it's all about calculating stop- losses.
Um, so let's kind of segue into that. I did talk about it.
We go to the main chat. Again, that's for everybody.
You head over to the main chat.
Yesterday's trading bite was about that. So, I'm going to talk about that briefly while we're watching the market open.
Good morning, everybody. just walking in here. Um, walking in. You guys aren't walking in, but everybody who just joined the stream, good morning to you.
My book dropped today for the members.
If you're not a member, you can get it August 1st for free. Um, but right now, we're talking about the new journal that I added, the stop-loss journal. Okay, so the trading bite is called let the data decide your stop-loss.
So, let's see. says, "One of the biggest questions traders ask is where should I put my stop loss for this setup?" Right?
The truth is there's no perfect answer.
Market conditions consistently change.
Sometimes tighter stop- losses can work.
Other times the market could be a little bit more volatile. You guys seen it. And you got to have a little bit of a wider stop, right? So, in this journal, in this stop-loss journal, you'll be able to calculate your different setups and see, okay, like I just mentioned, 80% of the time tight stop-loss works. Maybe 95% of the time the wider stop works, right? So, you'll be able to determine what you want to use.
There is some advanced terminology in the journal. things like MAE, maximum adverse excursion.
A way to think about MAE is essentially move against me. That's how I think about it. How far does price move against me? So, the furthest distance price moved against you before reaching your target. So, basically after you entered, how many points in draw down? Did it did it retrace 20 30 points in draw down before it hit your TP? you know, you're you're calculating the average of that. Okay, MFE, maximum favorable excursion. What does that mean? The furthest distance price moves in your favor, right? So, basically your TP. Okay. Um, there's other advanced terms, terminology in that journal, like I said. Um, so you guys can download this for free. I made this for you guys.
Um, hopefully you can see that, you know, a lot has gone into my trading success. Trading is not luck. A lot of people think it's luck. Those people don't know what they're talking about.
Um, but there's a lot of time and data.
And this is just a screenshot of like what about 15 different setups maybe.
Imagine doing a sample size of like a hundred or a couple hundred. That takes a long time, >> right? So, a lot of work goes into becoming successful in trading. It's not just, oh, this person got lucky. No, some people actually put in the work.
And if you're not hungry and putting in the work, then you do not expect the results. Do not expect them.
You know, I always use uh NBA references because it's a simple reference that everybody can understand.
You don't go to the NBA and get a 25, $30 million, $40 million contract because, oh, you just want to make money.
>> No, you had to consistently work on your skill set, right? You had to consistently repetition, rinse and repeat, rinse and repeat. You know, you weren't there in the gym when they had to put up a 100 shots in one spot, then go to another spot, do 100 shots, go to another spot, do 100 shots. You know what I mean? you weren't there, but a lot of practice goes in behind the scenes to develop a skill set, right?
>> Um, and and that kind of segus us into prop firms.
You know, trading is a 90% failure rate.
And it's mostly because of people, not so much because you're set up.
You're not so much set up. It's mostly that for some reason when it comes to day trading, people don't think of it the same as any other professional skill.
They want to get into the live markets.
They want to get a prop firm account or get into live markets. Either way, right? And they want to throw up half court shots and then be like, "Oh, I don't know why my half court shots aren't really going in." Sometimes they go in. Well, yeah. Eventually, if you keep throwing them from half court, one of them's going to go in. But for us to win this game, I can't put you in the live game and have you every time you dribble the ball up the court shooting from half court all the time, we're not going to be a successful team. That's setting the team up for failure.
But if you bring the ball up and you kind of get a little closer to the basket or you can pass it around to your teammates or you can figure out different combinations from your playbook PE trading playbook, right?
Trading, you're going to have a playbook. You're going to have different ways you enter the market, you know, maybe we can get somewhere.
And also, you got to come to practice.
You can't just not practice and think you're going to play in the live game.
>> Who you think you are not showing up to practice, right?
So, some things to think about. Curry's the only exception.
He's not an exception. He He grinded his butt off. He practice his butt off and he still does.
That's my point. Practice, practice, practice. Cons. Consistency. Rinse and repeat the same boring stuff.
Can you imagine how boring it is to be curry and to know you're going to make almost every single shot, but you still got to put them up?
You know what I mean? Like it gets a little boring. It's kind of like when you go to Dubai and everybody has a Lamborghini. It's not as like aha anymore because everybody has it, right?
If you if you went out and bought this expensive shirt and you went to school and everybody had the same shirt on, it's not going to feel as aha. It's just okay, cool, right? saturation.
The point I'm trying to make is Curry didn't get to where he was because he woke up and said, "Oh, I want to be a multi-millionaire in the NBA. Let me never practice. Just put me in the live game." No, he put in time, right?
So, that's my point. If you're not putting in the hours to be better, um, then it's going to reflect, guys.
it's going to reflect, you know, and no one should ever have to tell you to practice cuz either you want it or you don't. Uh you obviously don't want it enough if you have to be told to practice. You should find out a new concept and be excited. You should be excited to go test it out on the charts and see how it works and get the data right. That's part of being a an analyst, you know, a technical analyst. you get excited.
>> But if you're not getting excited when you hear something new, you're like, "Oh, I can't wait to test that out. Let me get the data for it." It may not be for you. And that's okay.
But, you know, that's part of being a technical analyst, right? Analyzing data, right? Past data, past patterns, putting it all together, right?
performance tracking, evaluating, you know.
Um, but yeah, also in the free stuff, we have a back testing journal.
So, if you need to back test your strategy, got everything here for you.
So, lots of free stuff in the Discord for everybody. A lot of lot of free stuff. Hi, Janice.
lot of freebies.
Okay, let's see here. No surprise that we're uh consolidating a bit here.
How about this? Let me get a 11 one in the chat.
Let me get a one one in the chat.
One, one, one.
Yeah, daily affirmation time, everybody.
Let's see. Today is June 19th.
Your future is not determined by your worst mistake. One bad decision, one setback, or one difficult season does not define your story. There's still much good ahead of you.
I don't know who needed to hear that out there, but there you go. Um, setbacks is a part of life.
Challenges are a part of life.
Most people let it define them.
The strongest don't.
Don't let it define you. You got to learn how to keep pushing.
Doesn't kill you makes you stronger. You ever hear that quote?
It's very true.
The more you go through, the more you're able to handle and take on, you know, you become a very powerful person.
You know, by the way, those of you downloading my book on your phones, if you have an iPhone, you can put it in your library in your book app.
Just so you know, you put it in your library in your book app. You'll be able to click on it.
Um, and then when you click on it, um, you can view it like this if you want to view like different pages that way. It's going to be a little hard to read it that way, but you can do that and you can scroll through quickly and click on a page. Um, also you can view it this way if you want to just like go through the chapters and click on whatever you want in a list format too.
Um, so yeah, there's different ways that you can kind of play around with it in the book app and obviously you can just click on the page and you can read it like a book. you can swipe to the next page, swipe back. Um, so just so you know, I know a lot of people might not have known.
Just want to throw that out there.
If you don't see the book under free stuff, it could be because your membership isn't connected to Discord. I do try to announce every single stream to make sure if you're a member to connect your membership to Discord. The instructions are there.
called membership access and uh that'll direct you on how to do that if you haven't done that just yet.
Okay, let's see what we got next.
Okay, we got a terrorist. Okay, hair list time.
Let's check out this tier list.
You guys remember these tier lists where you do like rankings?
So, this is ranking the worst beginner trading mistakes. Tear lists.
Okay. Worst beginning trading mistakes.
So S tier, just quit now. A tier, account critical.
B tier, this will hurt. C tier, we've all been there. Dt tier, rookie, fixable.
Okay.
All right, let's give it a shot. Oh, there's only a few. Okay, we can get through these quickly. Revenge trading.
Where are y'all putting revenge trading at? Go ahead and type in the chat.
Rookie fixable. You can put rookie.
We all been there. It's C. So you can put a C in the chat.
This will hurt is B. Account critical is A. Just quit now is S. Revenge trading.
So again, revenge trading. Rookie is D.
Rookie but fixable. We've all been there. C. This will hurt. B. account critical a just quit now. S go ahead and put a letter in the chat.
Good morning, Lyn. Loving the book so far. The analogies in the quotes are hitting. Thank you, Wizzy. See, we've all been there. Yeah, I think C is appropriate for revenge trading.
Okay, next one. Overleveraging.
D. Rookie fixable.
C. We've all been there. B. This will hurt. A. Account critical. S. Just quit now. Overleveraging.
I'm going to put overleveraging in the we've all been there.
Yeah. I think I I think we've all been there as uh because I would think okay rookie fixable but people who aren't rookies do that so let's just put we've all been there cuz I don't want to put this will hurt because for some people it works so it's kind of like I guess see AC yeah it is a count yeah it is a count critical Okay, here we go. Next one. Averaging down on losers, which means you're adding to losing positions. So, let's say price is going towards your stop loss and you're adding to the position because you think it's going to reverse in your favor. We're putting that in D, rookie fixable. C, we've all been there.
B, this will hurt. A, account critical.
S, just quit now.
averaging down on losers. I'm going to say, well, this will that will hurt, but I think it's account critical. I'm going to have to say a because uh it is fixable. So, I don't want to say quit, but it is account I think it's account critical.
That's the >> It's time to hit the water. But before you make a splash this summer, How did they play these ads out of nowhere? What the heck?
There's an ad at the bottom of the page.
Okay.
Trading news blindly.
All right. Trading news blindly. D.
Rookie. Fixable.
C. We've all been there. B. This will hurt. A. Critical.
S. Just quit now.
Where are we putting that? Trading news blindly.
Oh, wait, wait, wait, wait. It will hurt.
I'm going say I think kind of rookie fixable.
I think that's a rookie mistake because I think after people get into trading, they um know to look at the news. But I feel like it's more of a rookie thing.
Just quit now. Britney says, "Just quit now."
Okay, next one. No stop-loss.
Trading with no stop-loss.
D. Rookie fixable.
C. We've all been there.
B. This will hurt. A. Account critical.
S. Just quit now. Trading without a stop loss. This one's going to be interesting. Where you where you putting this one?
Emmanuel sent a flower for 30 jewels.
Thank you, Emanuel. Appreciate you.
ABCD ABCD.
No stop loss. I'll be honest with you.
I don't just have a few friends who trade with no stop-loss and it works, but I do know some people on YouTube who are trading with no stop-loss and it works.
So, I hate to tell people how to trade chat. I really do because, you know, everything everything is based on indiv individuality, right?
So clearly it works for for a small amount of people, but man, I kind of want to say just quit now because eventually that eventually it's going to go left.
Like eventually Trump may tweet something. You got no stop loss on margin call.
But because I I do see it's working for some people. I mean that's tough chat. I mean, obviously it's going to work because there's nothing for it to hit in a sense.
Ah, this is this is hard. This is hard.
This is really hard.
I really don't know. I really don't know where to put it because like I said, I literally like you won't believe I see it work for people like making money.
But then again, you got to think about it. There's no stop-loss. So like it's never going to get stopped out. So I don't want to say obviously it works, but obviously you have to have enough margin in there. You know, this is such a hard one. I'm going to I'm going to say account critical.
I don't recommend it personally, but I'll put in account critical. I have a colleague who teaches trading and his strategy is just go against what you think people do.
Yeah, a lot of people say that.
Okay, let's see. Discord signal groups.
Yo, the sheep on this is hilarious.
Whoever made this tear, you are hilarious. I love that they put the sheep on this. Yeah, you are a sheep if you uh do that. Okay. Discord signal groups, meaning you join the Discord cuz you're paying for the signals. You're paying to get signals. D. Rookie fixable.
C. We've all been there. B. This will hurt. A. Account critical. S. Just quit now.
Where's chat putting this one? Uhoh.
Where's chat putting this one?
Well, I got I got two different takes on this.
One take is just quit now because you can't depend on others to trade for you.
But the other take I have is people who are wealthy do pay for other people to trade for them. Like they pay professional traders to trade their account. But that's different.
I feel like that is different than just joining a signal group and paying for the signal. I feel like that's different. So I'm going to say just quit now.
Yep. put in an S tier.
Sorry, not sorry. All right, next one.
We're almost done. FOMO buying.
The market. We're moving out of that chop or what?
FOMO buying all-time highs.
FOMO buying all-time highs. That's an interesting way to put it.
D. Rookie fixable. C. We've all been there. B. This will hurt. A. Account critical. s just quit now. I'm going be honest with you, this must have been made a long time ago because years ago it was not good to buy the alltime highs years ago. It was not like they would call that a FOMO trade, but nowadays it's pretty normal to buy all-time highs because we keep hitting alltime highs.
So, we kind of have to update this a little bit cuz it's not a bad thing. Um and and today, you know, where the market is today, it's not a bad thing. Again, years ago, you never bought the alltime high. You just don't do that, right? You do not do that. But now it's a little different.
So, it can hurt. I don't want to say this will hurt, but I don't know. I don't want to say you got to know when to do it. You almost got to have a little luck on your side for that one.
I'll say rookie fixable just because it's not really a big deal.
I'll put it in D. Rookie fixable. It's not really a big deal.
Okay, almost done. Four more. Next one.
Trading with rent money.
Trading with rent money.
D. Rookie fixable. C. We've all been there.
B. This will hurt. A. account critical s just quit now.
Well, it will hurt 100%. It will hurt.
Um, but I'm thinking S tier.
And the reason I'm going to say S tier.
Get off my chair.
The reason I'm going to say S tier is because you're not your emotions isn't going to be right if you're trading with your rent money. You're not going to be making good decisions. You may think you will, but you're going to have that pressure in the back of your mind that you can't lose anything.
And that pressure is not going to help you make good decisions.
You're going to start forcing stuff or high leveraging stuff or all you're going to think about if you lost money, you're going to be thinking about trying to get the money back instead of the next trade.
But yeah. All right. Next one.
Overtrading because you're bored. What? Overtrading slash boredom. We'll just say overtrading. Overtrading.
Overtrading. That just means you done took way too many trades. You looked at your book, you said, "Wait a minute. Why I take a 100 trades today?"
Don't get me wrong, some people do average 100 trades, but that's because they're doing small sizes. They may be adding into positions and they don't count per position. It counts individually. So, don't get me wrong, depends on how you trade, but you know when you overtrade, right? You overtrade when you go above what you averageely do. So, if you average 20 trades a day and you looking at the account and you took 200, well, obviously you overtraded, right? If you average 50 trades a day and you done took 300 trades, you know you overtraded, right?
So, overtrading, I'll just say we've all been there. I think we've all been there is fair.
I I'd say C. We We've all been there.
Okay.
Ignoring risktore reward.
Ignoring riskto-reward.
Well, ignoring riskto-reward can hurt and help. I mean, it all depends on what type of trader you are.
Can't see the choices. Oh, sorry guys. What happened?
Okay, second to last one. Ignoring riskto-reward. D, rookie fixable.
C, we've all been there. B, this will hurt. A, account critical. S, just quit.
Now, I guess it depends on who you are.
There's people who have a negative R to R, but they have a high win rate. If you have a negative R to R, you have to have a high win rate to be profitable and it works for them.
Most people have a one to one R to R and they're doing amazing. A lot of people focus on a high R and they're still struggling.
Um, it depends on the individual, but I would say ignoring it is probably what, like a rookie mistake, cuz it is important. It's important to know how you operate. Are you good at onetoone setups? Are you good at one to twos?
Maybe you're good at negative R to R because you have a higher win rate. I don't know. Everybody's individual. I'll just put rookie. All right, last one.
Trading while emotional. I thought it said intoxicated.
Trading while emotional.
Still in this range.
Trading while emotional. Rookie fixable.
We've all been there. This will hurt.
Account critical. Just quit now.
Trading while emotional.
I think C is fair. We've all been there.
I think C is fear.
That's going to I guess that completes it.
That completes it. Where's the uh submission? Oh, you used to be able to submit and see what the average of what people put.
Can you not do that anymore?
I guess you can't do that no more. All right. Congrats to everybody. That was cool.
We're still in this range here. It's a bank holiday. We are chilling. If you're just joining us, welcome. Very aware it's a bank holiday. Different type of stream today. We're just kind of chatting. Now, we're going to get into some reaction. Today's going to be a nice short stream.
All righty.
It's reaction time. I got to sip my water for this one.
You asked for it, it's here. I can't tell you how many messages I done got. Um, hopefully those people who asked me to react are here. We'll do the uh 40 million or however much it was last, we'll react to the other stuff first.
Sounds good.
We'll do that last. Um, let me um fix my frame though. Give me 45 seconds, chat.
45 seconds. Where's this thing at?
Hold on.
Okay, I'm here. Here we go.
Here we go.
All right, chat.
One's in the chat if you can hear me loud and clear.
One in the chat.
One's in the chat if you can hear me loud and clear.
Okay. Um, first on the uh reaction docket.
Who's first? Topep is first. You're up first. Top step. What's going on here?
Let's react to this stuff.
Okay, this trader says, "Topep sent me to the live account after just one payout. I was eligible for five times $4,000, aka a 20k payout." So, he's saying he has five accounts and he was eligible for 4k payout on all five. But instead, they sent me to a live before I could request it. I was going to use it to pay my college tuition, but instead, okay, is this a troll? I was going to use it to pay my college tuition, but instead I got slapped in the face with a 8K live account. What the f at Michael, who's the CEO of Topstep and at Topstep.
Okay, little bit to uncover here. So yeah, for the first payout, I mean, you're supposed to get four, not four, you're supposed to get five payouts and then they send you to live. So someone does the hard work and pass, they make 20k, they go to request, and then you move them to live.
That's questionable. Now again, we only have the trader perspective. We don't have the firm's perspective on what actually happened. We'll only get one side chat. So just remember that.
This is uh one-sided information. So, he's got a screenshot of him being able to withdraw and it not letting him.
Okay. He's showing that there's 4,000 available to withdraw from all five accounts and it won't let him.
Did uh Topep or Michael respond?
Looks like he's adding other traders and asking them for their input.
Um, oh, the CEO did respond. Okay, let's see.
Congrats. You got called up to live.
Step into the big leagues and show yourself and our prop. What you got?
Real money, real orders. You got this.
Wait.
Okay. Michael's funny. So, that doesn't explain why he got moved to live, though.
Let me know in the chat. How would you feel, guys? How would you feel?
Um, I know the bulk of the rules say five pay after five payouts, they bump you over to live, but there is a small print in the rule if you read it fully that says they can bump you to live anytime.
It says they can bump you to live anytime.
So, technically that does cover that. But, let me know in the chat what you guys think. How would you feel if you passed the challenge and now you're working your way to payout? You made four grand on all five account. Not four grand, you made eight grand on all five accounts.
So, you're able to withdraw half of it, which is 4K from each.
And you go to withdraw and it says, "Nope, you've been moved over to live.
You can't withdraw your money that you made." How would you feel, chat? Now, for those who don't know, Topeps model with the live, they've changed it. So, when you go to when you get moved over to live, you're not getting the full balance of what you made.
Um, you have to reach like certain every time you withdraw, you unlock another 25% of your account balance. So, let's say they're moving his 20 grand over to the live account, right? Like he just said, he's getting 8,000. He's not getting his full 20 grand. They slowly unlock the rest of your money.
I don't know how we feeling. I'd be fine with that. It's money in the bank anyway. It isn't TV.
I cry be desperate money in the bank. No, no, no. It's It's not money in the bank. You So, what happens is, how do I explain this? How do I explain it better?
What happens is is you passed. Now you're working on your first payout.
You made eight grand and you're able to receive half of it.
So you're like, "Okay, I made eight grand. Let me request half of it, which is 4K, but you got five accounts, so really that's 20K." So what they do is they said, "No, we're not going to give you that. You cannot request a withdrawal. We're just going to move you to a live account." So you did all that hard work again. You paid for five challenges, did all the hard work, you made some good money, you're excited to draw 20K, you can't withdraw it. They move you to the live account, and then they start you with 8,000 out of the money you made. So, you can read it on top. They updated it. So, what happens is is they lock your money up.
they lock your money up and it says that every like payout cycle or whatever, you unlock 25% of the balance that you had made.
So, it's not like, oh, okay, after my first live payout, I get my whole balance that I made that's locked up.
Nope. You get 25% of that balance and then it's almost like you got to prove yourself again, right? You prove yourself, prove yourself. Don't get me wrong, with consistency, you'll eventually get there and unlock 100%.
But I feel like the point of the tweet is, "Hey, don't I deserve my 20k that I made?"
You know, I think most people won't complain about unlocking 25% of their balance if they received five payouts previously to go into live. You know what I mean? Does that make sense, chat?
Let's say they sent you your 20k and then they put the rest in a live account and you had to unlock it. You probably won't care. But the fact that you did all that hard work, you didn't get paid the money you earned. They take it and lock it up.
That's that's kind of annoying. And I feel like that kind of plays with the rules of, hey, we move you to live after five payouts, but also we can move you to live whenever we want to. But again, we we only know this side. We don't know the firm side. We don't know if this trader had a live account before with them. I don't know. Um, so I think there are, you know, things that maybe we don't have all the information to. You know, that's rough if we didn't get to understand the payout. Yeah. But yeah, I mean, the response of the CEO is he just basically said, "Congrats, you moved to live. You got this." So, he didn't really reply to the part of this is the first the Well, the person's claiming it's the first payout. That's what it said.
I don't know.
Let's see. MP is as tonedeaf as it comes.
MP is as tonedeaf as it comes and top stuff isn't even at the top 10. Okay.
Okay. We know where that's going.
It's the worst live plan of all. TPT, Lucid, and Tradeify beat you by miles.
I heard something. Chat, you guys are pathetic. Awful. Rather than paying him his full payout with his first payout, you give him a live straight away.
Huh?
Yeah. Okay. I don't know. All right. But that was the first one. Yeah. Three sides to a story. That was the first one. Let's go to the next thing. Now, this story was big yesterday online.
This was big. Um, hold on. Hold on. Where was it? Where was it?
Oh, I'm sorry. Not this one. But this is just another person who's kind of going off on Twitter saying that the same thing happened to them and you know they're calling Topep the B- word. They're pretty pissed off. They're basically saying the same thing happened to them. They they weren't able to withdraw and they got sent to live basically. But we're going to skip that one. There's a crazier story about someone lying about their identity.
Oh, here it is. Here it is. Okay, so this guy named Mike, I guess this one's going to be interesting, chat. Hey, watch watch this one. This guy goes viral yesterday on Twitter calling out Lucid Trading. Look at look at all this with the with the security. Look look peep the detail in this serious scam exposed. They're starting to scam. He claims he's basically claiming that he generated over 7,000 in profit. He proceeded to complete the KYC documents to get a withdrawal on his payout day and his KYC documents were denied and his funds to be withdrawn are inaccessible. So, he's basically calling Lucid Trading a scam. He's all pissed off and saying, "You all denied my KYC documents. You say my identity is false.
You're not giving me my payout."
Okay.
So, now he's basically going on a rant.
Why was my KYC denied? Right? For those who don't know, KYC is like your driver's license, you know, things that verify you are who you say you are.
Okay?
Sending these screenshots saying traders deserve clear communication and all this other stuff. So yeah, he went viral for this.
Guess what? Somebody who works for Lucid spoke out and clarified, cleared it up.
They said, "This dumb A tried KYC using his mother's identity.
Tell your mom I'm sorry she gave birth to such a disappointment. Enjoy your ban."
So, not only was he trying to go viral saying Lucid scammed him out of his payout because they denied his KYC documents and he's over here saying, "Oh, you need to communicate with traders and tell them why their documents were denied."
Person Lucid said, "Hey, you were denied because you were using your mother's identity to identify yourself."
O chat, you can't make this up, chat.
You just cannot make this up.
So, this tweet went crazy yesterday because people were like, "Wait, you just went viral for that and then now you just got exposed that you're the actual scammer. You were using your mom's ID."
Okay.
So, he basically replies the tweet. He replies to it because now people people are coming at him.
So he replies to it and goes how other prop firms like MF FF who's FF I don't know who that is can accept with clown face emojis. So he basically said that MFF accepted his KYC documents. He's basically saying, "Well, other prop firms accepted his mother's ID, right?"
So, you know what that Lucid uh employee did? I don't know if it's the employee or the owner, but they tagged the CEO of MFF and said, "Hey, you may want to look into this. This guy is using his mother's ID for himself, and you approved him." So, MFF got involved. the drama chat and said they're going to look into it and ban him.
So yeah, he was going around getting approved with his mother's ID.
The problem with this, you may say, well, what's the problem with this? He made the money. It's because he could be underage. We still don't know if he's underage or not, but he could be underageed.
You know, they'd be in big trouble if they paid an underage person who used their mother's ID to confirm themselves, you know.
Yeah. Isn't that crazy, chat? The victim card. Yeah.
But the fact that he tried to go viral on Twitter and then got called right out. Well, we denied you because you use your mom.
That's crazy. Pretty much fraud and moneyaundering. Yeah. Yep. It's money laundering.
There's a funded next trader as well who used two different accounts, same device. Oh, I saw that. Yeah, I didn't get to tag that out, but I did see that.
I did see that.
Yeah, that's uh that's crazy. Now, before we get into I know I know you guys are ready. It's that time. It's that time to get into the 49 million. Right. Before we get into that, um, there's this cool little video, this cool little video I thought was funny. It says, "This is happening.
Meanwhile, this is happening right under your house.
Check this out.
Can you imagine if this is how animals are acting under the ground? Like just meanwhile, drop a GoPro to it. Can you imagine?
Isn't that hilarious?
Okay, we had to we had to get a little laugh because now we're going to get serious.
Now we're going to get serious.
So, where do we start?
Where do I start?
I don't even know where to start.
I don't know where to start.
I'll start with this on the Red Bull.
So this trader, he goes by the name of trades by Sai.
This guy um very well known on Tik Tok, YouTube and Twitter for his post of big trading days. And when I say big trading days, he posts stuff like 20 mil in a day, 12 million a day, 15 mil. I've seen him post 15 million in a day. like he posts stuff like that claiming allegedly, we'll just say allegedly, allegedly, that he's making this type of money in a day. Okay, that's kind of where he got his viral stuff from. Okay.
Um, so basically yesterday he posted a screenshot of this and in this screenshot, we make it bigger. I don't know if y'all can read those numbers, but it says Tuesday he made 2 million, break even, Thursday, Friday. The 7th, this is of June, he made 7 million. The eighth he made 4.6 million. The 10th he made 38 million allegedly.
You like I'm saying that allegedly. Um, so basically he's getting called out by a lot of people, as you can imagine, by a lot of traders calling this out. He has a big fan base, guys. His fan base is defending him and basically calling everybody haters who are calling it out.
Um, what else? Before we get into it, um, there's other people on YouTube ready to drop videos exposing him. You know, there's a lot going on.
I'll leave it to you guys to determine.
I don't think it's hard for you guys to determine.
Um, but yeah, he makes these claims and people are kind of saying, "Oh, well, you he promotes a broker, he doesn't sell courses, he doesn't d" and you know, we're going to have a very sophisticated discussion about this. Are you ready?
Let's get into it.
Let's get into it. And yeah, saying, you know, anybody's psychology is great. I mean, we all have the internet, right?
We all have the internet. We all have amazing trading books. Like, we can all spit psychology all day. We can all do that. Especially someone who's great at marketing. They're the best psychologists ever. Let's hop into it.
So, before we get started, I just want to make something very clear. This isn't a hit on anybody. We're just going to go through this very sophisticatedly. Um, this isn't declaring anybody's guilty of anything. Um, this isn't me telling you what to think at all. Just my opinion.
Um, this discussion is going to be about evidence, credibility, critical thinking, um, and how traders should evaluate extraordinary claims. Okay.
Uh because if we're going to survive in this industry, we do need discernment.
We need to practice discernment. We need due diligence. Um we need to be able to separate perception from reality.
And how do you say conceptually that's what today's discussion is going to be about. Okay.
Um, so basically, like I said, he claims he made tens of millions of dollars.
This just popped up while I was talking.
I'll I'll keep that there. I'll let y'all read that while I'm talking. But naturally, people have questions. Not because making money is impossible in trading. Not because being successful in trading is not possible. That's not why people have questions because of the burden of proof of legitimacy.
Um, that's really the true science behind it. We're being honest, okay?
People are claiming it's jealousy, but the reality is is it's not about him promoting a broker, and we'll get into that a little bit later. Nobody cares about that. But it's about that it's not being shown from a recordable broker. That's the point. If you're going to claim big amounts like that, extraordinary amounts, that's not big amount, that's extraordinary amount, then um if it was on a recorder broker, then it would make more sense. But when you claim those amounts on brokers who are known to be questionable, we'll get into that a little later, that's where people draw into questions.
You know, I believe if if these claims were on like Trade of Interactive Brokers or Oanda, you know, I think people say, "Okay, cool.
Congratulations. Amazing." Right? Give him his props. But because you hear what I'm saying, chat, you get what I'm saying? Let him one in the chat if he's still with me. One in the chat.
Okay.
So, um, let's talk about something that's important. The broker that he promotes is an Australian broker.
On his YouTube channel, he says regulated broker. Now, that can be misconstrued because originally from the US, I believe he's in Florida, I believe. Um, so I'm assuming most your audience is in the US. So, when they see regulated broker, especially a newer trader, they're probably thinking, "Oh, okay. His broker's regulated in the US."
But you should probably put Australian regulated broker. That would make more sense because I feel like that can get a little misconstrued. You get what I'm saying, chat, let me get a two inch if that makes sense. That could get a little, you know, you just reeregulate a broker. Okay. Boom.
>> But it's not regulated in the US. Small deception, but maybe not the biggest of deals. We won't stretch it. Um, again, him promoting a broker, that doesn't mean there's anything wrong.
um that's not what we're saying. Um we got to think back to the layer of how business works, right? Because a lot of people only in the trading industry. I only see this in the trading industry where people go, "You have affiliate code. You have this and that. You're promoting this." You don't see that in any other niche on the internet. Right?
When I watch, there's certain podcasts I like to watch every week and they have their sponsors. They have people that they promote all the time. I don't listen and watch and go, "Oh, where they're promoting this." I don't give a damn. Right? You only see that in the trading industry or I'm watching certain gamers game and they're promoting like gamer snacks or they're promoting they have a sponsor code for like custom keyboards and stuff. I'm not watching the gamer like, "Oh, they have a code for keyboard." Like, what? That's only in trading. And just to school you on business 101 marketing, that's how businesses function. Look at Gym Shark.
billion dollars in sales first year.
And the CEO, if you ever listen to the CEO talk, he's brilliant. He's very young and he's brilliant. And he says how, you know, their brand was to use influencers, gym influencers, people who vlog on YouTube or they stream live on YouTube, Twitch, kick, and they go to the gym all the time, right? They're health healthy influencers, gym influencers.
They sponsor them. Normal stuff. Who else are they going to sponsor?
That's their niche, right? So, I'm using Gym Shark as an example. You choose gym influencers, health influencers to promote your brand.
When it comes to brokerages or prop firms, who are they going to use to promote their brand? They're going to use influencers who are publicly trading. Can't use people who are private. They can't promote to nobody.
That's how a business works. If if a business didn't market, old school TV, you watch ads. You still watch ads now on certain things because businesses have to promote themselves. If businesses didn't have customers, they wouldn't exist. You wouldn't have jobs.
You wouldn't even have food that you're able to buy. Your kids wouldn't have jobs. This is how the world functions, guys. The the economy would be destroyed if businesses didn't function. Okay?
It'd be a domino effect. Just saying. So that's just business 101. Of course, prop firms and brokers have to choose trading influencers just like gym wear has to choose gym influencers, health influencers. Make sense? Let me get a three in the chat. So again, the issue is not promoting the broker. That's not the issue at all.
The issue is it's it's not a reputable broker to be making that type of money on. Okay? Just wanted to clarify that.
Um, so where was I at? Where was I at? So many US traders, they see the world regulated. They immediately assume it's regulated by US agencies, which couldn't be further from the truth. All right. I do believe that you should specify the difference. Um, the distinction does matter. Words matter, details matter, jurisdictions matter, transparency matters.
Um, you know, if a broker operates outside of regulatory framework that most American traders are familiar with, naturally becomes a little bit more difficult for the average retail trader to move independently, right? Um, again, we don't have proof of wrongdoing.
All right, but yeah, let's talk about these um screenshots. Let's get back to the screenshot because that's what we're talking about here.
I don't feel like this is enough evidence. Evidence would be having a physical copy of your broker statement, obviously.
And um for some reason, everyone forgot about that.
Um am I the only one? Let me know in the chat. That's how you provide um evidence. You you know, you show a copy of your broker statement. Okay.
just saying obviously he's not going to post his taxes and he doesn't need to. Nobody should post their taxes on the internet ever. Um so we can't request that obviously but I'm just saying and obviously I know I know broker statements can be misconstrued too but I'm just saying like posting this rather than the statement is is a bit odd in my opinion.
Just my opinion though.
Um, what else am I going to say here?
Let's talk about the jewelry.
Somebody pointed out that in his videos, like you said, oh, he gives great psychology. You know, that's what all the beginners said about all the other scammers years ago. They would always say they give so such great psychology talks. They're a marketer. What do you think?
Do you know how a car salesman works? Do you know why a car salesman is good at what they do? They're great talkers.
Hello.
Salesmen are great at communicating.
Phenomenal.
I don't want to say manipulating, but they're great at that, too. Manipulating doesn't always have to be a bad in in in a bad light. So, I don't want to use that word, but they're phenomenal.
Anyway, people are pointing out that every single jewelry piece that he has is on Etsy. They're saying that it's not real.
For instance, his chain right here, it says F haters, but it spells it all the way out. It's right here where my mouse is. Right here, it says F haters. I don't know if you can see it.
Um cuz my screen's a little small for you, but my screen is big for me. And I can see it says f haters. So, someone pulled it up right here. The f haters chain on Etsy. Okay. He has this other one that says bet money first.
Oh, here it is right here. Bet money first. Again, another chain. $50 on Etsy.
This RR looks like a Rolls-Royce uh type of logo here. again on Etsy. He has it right here, the RR.
This chain for $27 on Etsy with the tongue out and the money sign on it right here. So, basically, people are um saying that he's presenting himself as look at me. I got all these chains on, I have money, and they're saying these are just Etsy chains. Like, do what you will with that information.
Let me get a four in the chat if you're still with me though. The chat's been a bit quiet.
We still here.
What do y'all think about that?
Now, I will say I mean it it works. I mean people people think that people have money because they wear chains. So unfortunately or because they have jewelry on this uh I don't want to say rapper lifestyle but it's almost like a I don't know if we want to say the hip-hop community but it's almost like you got to have iced out chains or you don't have money type of thing. I don't know you know I don't know.
Let's talk about jewelry cars lifestyle.
Let's have a little small discussion about it because I think it's where social media creates a lot of confusion.
You know, conceptually, what does it prove? It doesn't prove anything. It's just materialism.
You know, if I go actually I will go get my watch and my neck. I'll just get maybe two things just just to prove my point. Hold on.
Okay, we're back.
So, just to prove my point, it's like I just grabbed the few things so I can just see like people want you to wear this to prove that you have something or they want you to wear this.
I if you can see in the light, you see the glistening.
I bet you can. You know, people want you to wear stuff like that just to prove that you have something. And um that shouldn't you shouldn't have to wear that to prove anything. That doesn't mean that you have money. It just means either a you spent a lot of money on something cuz who knows if you still have it or not.
B it's just it's just materialism, guys.
It doesn't >> It doesn't mean anything. I I shouldn't have to put stuff.
I just locked my watch. I shouldn't have to put this on my wrist and be like, can you imagine if I live trade and go, "Hey guys, look guys, every single time.
Can you imagine if I just did this?"
Imagine chat just do the stream like this. Good morning everybody. Oh, we got to switch it up. Chat, good morning everybody. Welcome to another day on the official podcast.
We're gonna be D.
Can you imagine if I did that?
All right, guys. I think uh New York Open starts at uh like what?
That looks so dumb, right? But yeah, you shouldn't have to um do any of those things. None of those things mean anything. They they literally mean nothing. Okay.
Um they they mean nothing. I'm just being honest with you. So people got to really stop with that. But that's I think that's just more of a social media issue, you know? It's a social media issue.
Yeah. Cars, too. Yeah. cars just but you know what I think I don't want to say it's the male ego but I feel like I see more of the men do it than anybody else like Instagram and Twitter the men are posting their bank accounts their statements their car changees jewelry maybe some women, but I you don't I really don't see it like that. I really don't see it from women in the way that I see it from men. I I don't I don't I never see a woman post a fake account, but I don't know. I don't know if it's something that the males got going on where they're battling with each other.
I don't I don't know. I don't know.
But it it does seem more like more of a male thing to Oh, I got to post my car.
I got to show everybody my car. Got to show everybody my watch.
you know, I don't know. But yeah, where were we?
We're talking about material possessions.
Um cuz Yeah, cuz the reality is is there's people who are driving Lamborghinis and Ferraris that are broke. They don't know how they're going to make their next payment, but you see that and you think they have something.
You know, you know, back in the day, a lot of these traders, oh man, I was about to say a name. I'm not going to say any names.
I'm not going to say any names, but this person did actually before they left YouTube, they did make a video explaining this. They basically said that after they bought their Lamborghini, you know, you put a down payment down, they spent the bulk of their money putting a down payment down.
And they realized after a couple months of having it that a people don't care because the people who are watching you who are all like haha and hyping you up, they're not there in person.
They're not there in person. And they kind of realized that they just kind of wanted the car to like show it, but a couple months into it, they realized like, I'm paying all this money and I don't really care about the car. You know what I mean? Like they kind of got used to it. like it it wasn't making them happy and it was kind of sad, you know, it was a kind of sad video to watch watch people have that realization. That's why they always tell you if you know when you make it to a certain point, if you're buying designer clothes and all this other stuff just to please your audience, you're never going to be happy inside.
You're not. Because you're posting it for the validation of others. You're posting it so that others could be like complimenting you because you need those compliments to feel validated and you shouldn't need other people's opinions to feel validated. You shouldn't. That's not good.
It's not good. Um, but yeah, like I said, I'm not going to say any names. If you know who I'm talking about, then you know who. But very, very sad that they posted that video. Um, very unfortunate because it's like, yeah, now what? Spent a whole bunch of money on it. Don't want it. Now what?
You know, claim you got no money left.
Now what? Unfortunate.
Um, but yeah, let's continue our discussion.
Uh, we talked about how affiliate codes don't equal scam.
Only in the trading industry do people say that. No other industry say that.
I'm watching, you know, like I said, when I'm watching gem influencers or streamers that I like to watch, I don't give a damn about their Gem Shark promo code. It does not bother me. I may use it, in fact.
Um, but again, you don't see anybody calling that out. Nike uses athletes.
Nike does the same thing with professional athletes. Adidas does this with professional athletes. This is how businesses work.
You choose people in your niche. Who else are prop firms going to choose and brokers going to choose? They're going to choose traders.
Sports team sports wear choose athletes.
That is how this works. Again, business 101. Didn't think we have to explain it, but um we'll we'll kind of fast forward.
Um, and even with like memberships and subscriptions, that's that's just streaming culture. That's streaming culture 101, you know? That's how you support your favorite streamer. It's kind of like um like a Netflix subscription. Why are you It's kind of like saying, "Why is Netflix still charging us when Netflix is worth over 300? They're worth over 300 billion right now." Yeah, they can take the money and leave and but they're providing a service. They're providing value. Just because you feel like somebody doesn't provide value doesn't mean that they don't provide value. That's just your opinion. You're entitled to your opinion.
It's kind of like when people say it's kind of like uh what was that tweet the other day? Someone said Taylor Swift has no talent. Well, just because you don't like her music doesn't take away that she has a talent. Obviously, she can sing and songwrite. So, obviously, she has a talent. You don't have to like the talent. You don't have to listen to the music, but you know, if your brain functions in a way where you can't separate those two things, it's a problem, you know.
Um but yeah honestly just to finish up our discussion here I think the validation trap is something deeper we need to discuss right um the biggest problem like we talk about is modern day social media it it becomes showing off it's more of I feel like social media has become more of showoff season rather than providing value there are a lot of people who provide value on social media. There's a lot of them, but then I feel like the most of the world just seems like they're in competition with each other. You know what I mean?
Like a lot of the world really seems like they're like competing with one another. It's a dangerous place to operate from.
Um cuz like I said, your happiness becomes external and not internal.
Happiness should be internal. Okay. Um, yeah. I think we kind of I think I kind of gave my opinion on the bulk of things.
Um, anything else, chat?
Anything else? I think we kind of got it. I guess I'll kind of give you my final thoughts. I think at the end of the day, I don't think I don't think the concern is whether the guy made 50 million or not.
I think that if we're being honest, he's promoting a uh he's saying that it's from Liquid Brokers, which again is in Australia.
And if you do your due diligence research on liquid brokers, you'll probably come across and I'll actually search it now is liquid brokers.
You guys ever hear of Watchdog?
You guys know what Watchdog is?
Um, but watchdog agencies basically do like financial reviews and they feel like liquid brokers, which is the broker I just showed you guys, the broker he's with, um, they feel like they're very high on the list of scams and that they're high on the list for um, you know, not operating with correct numbers. So, there's that, too.
So, it's kind of like, you know, put one just put one and one together.
Okay.
Put one and one together, chat.
You know what I mean? You guys can look it up. liquid brokers and your AI and all that stuff if you want to, but you know, they're heavily watched on watchd dogs because they're very high on this the the scam list. So, that's not a good thing either, right?
Like I said, if he would have hosted up with Trader Vape, Interactive Brokers, Oanda, you know, it makes more sense because I'm pretty sure that you guys Now I'm about to mess y'all up. Watch this. Ones in the chat. You're still with me.
One's in the chat. You're still with me.
Watch this. Those of you who live in the US, if you don't live in the US, I want you to pretend that you live in the US. For just for this example, if you live in the US, your money is not protected. We know this. Your money is not protected if you go to an offshore broker that's not regulated in the US.
So, I want you to picture yourself for a second. Let's say you got 10 million, 20 million with this broker, which makes no sense, but let's say you do.
You know for a fact that if any day you wake up, if they were to wipe it, you can't get none of your money back. Are you holding that money in that account?
Let me know in the chat. Just give me a yes or no.
You know for a fact any day you wake up that that money can be gone. And there's nothing nobody can do about it because they're not regulated in the US. Are you holding your 1020 million in that account?
Be honest.
So now I want you to think bigger. You got 50 million in that account. You you holding your 50 million in that account.
Be real.
50 million.
You wake up tomorrow, it's gone. It is what it is. US can't help you.
No. Right. Thank you. That's just That's just checking.
I know. I remember we I remember there was a story last year. He claimed he made like a hundred million last year or something like that with the same broker. I don't know. Something like that. Some crazy thing.
Kind of the same thing like right now.
But so or was it was it 50? Was it 40 or 50?
It was some It was some crazy number last year.
Either way, if we add last year's number to this year's number, let's just say he's got over 100 million. If you if you believe that, just something to think about.
Just something to think about.
Just something to think about.
Number one, you wouldn't be posting it.
um you would not be posting it.
And I do see that people are saying that oh he's out the country and all that.
Again, this whole social media thing of people who travel have money has got to stop. It's got to stop.
Some people travel cuz they're running away from something.
You can bet your bottom posting stuff. Hey, look. For those of you who don't live in the US, don't make me get into tax auditing.
You don't post stuff like that when it comes to tax auditing in the US. You just don't.
You don't.
You're in big trouble.
I'll put it that way.
Um, and you cannot make falsified claims saying you made x amount of dollars to manipulate people into thinking something. Can't do that either.
Just so you guys know. Um, so I I do kind of wonder being outside the US for so long, what's the reason? Are you running away from being audited or what?
Cuz the audits don't play. They show up to your door, chat. The government will show up, chat, the government will just catch you off guard. You go about your regular day.
I'm telling you, especially for for uh money audits, they just show up. It it it'll be the most randomest time, probably bad time for you.
But let me tell you, you do not just post that.
So, that's one of the biggest indicators on if something's real or not. I can just tell you from um a tax standpoint and how the law works here, not a chance. Not a chance.
You will get away with it. So, you can do what you will with that information, but certain things are just common sense.
And like I said, you don't post that.
That's very dangerous to pull stuff like that. People will come for you. People will hold you ransom and demand money out of you. You know what I mean? People may kidnap you or threaten to kill you if you don't give them money. You know what I mean? Like you can get yourself into a whirlwind of um issues posting stuff like that.
You really can.
You really really can.
And I did I I can't find the post now, but like I said, a lot of a lot of traders are coming at him. And when I say traders, I mean influencer traders.
They're all coming at him right now. And one of them I saw last night was like talking about the affiliate pay he gets from his brokerage. And he posted a screenshot of him withdrawing like it was like $200 a day from affiliate pay which isn't much.
But what I will say is what can we define what can we decipher from that screenshot chat?
Do you know sometimes there's hints? Sometimes people tell on themselves a little bit.
Just a little bit.
Let me see if anybody knows if somebody's withdrawing $200 every single day of affiliate pay.
What's that mean?
to me that doesn't So, hey, I I'm trying to get my words right, but I'm about to mess y'all up again.
Watch this. Watch this.
I found it. So, yeah, he replied to the guy again. Everybody's calling him out.
And he replied to him like, "Lol, like this is all I make type thing from the code." So, I don't know if you guys can see this.
Let me make it smaller. Maybe it'll make it bigger.
I don't know if you guys can see this, but it's basically the date. June 17th, June 15th, June 14th, June 13th, right?
It's the date. It's It's all 2026.
Withdraw. Withdraw. Withdraw.
$160. $128. $173. $136.
$132. $211 and change. There's change. But the point is is he's showing like lol. This is all I make. So you're telling me I'm about to [ __ ] y'all up with this?
Hold on. Hold on. I'm getting it together. I'm about to [ __ ] y'all up with this. Watch this. You're telling me that you not only keep 10 mil, 30 mil, 20 mil, 40 mil, 50 mil, whatever mill in that account, but you withdraw $100 every single day from affiliate.
You withdraw $130 every single day of the month, but you'll keep 30, 40 million, whatever, 10 mill, whatever.
Does that make any sense?
>> Does that make any sense? And again, if you think this is about the affiliate money, you're missing the point. This has nothing to do with affiliate money.
This has to do with actions.
That doesn't make any sense. Someone who keeps 10, 20 mil, 30 mil in a brokerage that does not protect them, that they can just wake up and lose their money constantly withdraws $100 every day off the affiliate money. That makes no sense. Like those two actions don't make sense. Again, if you think this is about the money, you're missing the point. It's about the action. You're withdrawing $100 every single day, but you're keeping 20 30 mil in an account that you could just lose tomorrow.
Exactly. You don't. Right. It Thank you, Mayo. Mayo sees it. It almost feels like you don't trust them with your hundred bucks, but you trust them with your 1020. Like, what?
Y'all don't see that? Thank you, Mayo.
That's that's what we're saying. But see, a lot of people in these comments, they they got it all twisted. They think it's about the affiliate code. It's not about the affiliate code. We're It's about the action.
You don't trust your $100 being there every day, but you trust 20 30 mil being there. Something don't smell right.
Right. Something's a little off, that's all. You got to peep game, chat. You got to peep game.
But yeah, people are so they're just so caught up on affiliate code that they just they just can't see past it.
It just doesn't make sense for entertainment purposes cuz ain't no way.
Now, mind you, this was the whole month of June.
So, I don't know if he knew he was going to post this month or whatever, but I mean he it's not like it's not like he posted this yesterday and then weeks later he withdrew with drew withdrew and then took a screenshot. No, he already did this. So, just a bit odd.
I just think it's a bit odd, chat. I do think it's odd. um people's behaviors show a lot. Again, nothing wrong with him withdrawing his affiliate money every day. That's not what we're saying.
Nothing wrong with that.
But it is a bit odd that you got to you got to make sure someone who claims they're up 100 million in life, you got to make sure you get that $100 today.
You sure you up 100 mil?
That don't sound like a 100. That doesn't sound like I'm up a 100 mil um type of actions where I gotta make sure I gotta make sure I get my 120 today every day. Gotta make sure I get it.
Gotta get it. Got to get it. Gotta get it. Typically, you would have that add up, right? Maybe take a bulk payment.
Right. Right. Chad, what would you do, Chad? Add it up. Maybe take a bulk payment.
If you had 100 mil in the bank, Chad, you got 100 mil in the bank or 50 mil.
What? whatever he said last year it was like 50 mil right something like that last year he he he claimed let's just say you got 50 mil in the bank chat you making sure you get that 100 every day ain't no way there's no way you can convince me that somebody who claims they got over 50 mil in the bank is concerned about their $120 on the daily there's just no way chat am I spitting or am I not am I spitting think about Cut it.
You ain't sweating that.
And don't say, "Oh, maybe it's petty."
No, no, no, no. It's not being petty.
Not being petty.
It's not petty. Oh, make sure I get mine. No, no, no. There's just the thing is chat when you walk into areas of life and your tax bracket goes up your behavior starts to change. The way you see things, the way you operate, especially towards money starts to change. There's just certain things, certain characteristics that you have as a person. You know, maybe it's auto withdrawal.
Okay. Okay. We'll we'll give the benefit of the doubt. We'll give the benefit of the doubt. Maybe it's auto withdrawal.
We'll give the benefit of the doubt.
I guess I guess we'll give the benefit of the doubt. Maybe it's auto withdraw.
That could be a possibility.
It could be.
But yeah, he's he's in some heat. He's he's replying. A lot of influencers have called him out.
One influencer said, "If you believe this, you got the IQ of a rock."
The IQ of a rock.
It's funny as hell.
That's funny. I gotta use that. The IQ of a rock. I have to use that. I gotta put that one in my bag.
This is funny.
Don't take my word for it.
Love your streams, Lens. Thank you.
Yeah, I don't know. Like I said, we're Look, I'm not here to convince you guys of anything. Everyone's free to have their own opinions.
But um again, this is an extraordinary claim, you know. So it it is a bit different.
It's not like some average claim because with those claims, then you are the greatest trader in the world cuz then you've made more than the greatest trader in the world, right? With with those claims, you are the top. You should be in Guinness World Record. You should be Oh, let me not let me not because to being Guinness World Records, they have to validate it.
They have to validate it.
It has to be authentic.
I'm just saying. I ain't saying, but I'm just saying.
Just throw it out there.
Food for thought.
By the way, a rest in peace to uh Tay Keith. I don't know if you guys saw that yesterday. Passed away.
Unfortunately, he did go live yesterday before he passed away. He went live and talked to his fans and supporters and he didn't seem happy. He seemed pretty uh sad, unfortunately.
I didn't watch it, but people quoted that he said that people don't care about him or something in his life and then next thing you knew he was dead.
So, I don't know if he I don't know if he took his own life or what happened yesterday, but rest in peace to Tate Keith because he's, you know, the beats he's made are classics.
Didn't just make songs for like Drake, Beyonce, Travis Scott. He's made beats for Eminem. Some of the most famous songs you guys know in the world, you know, he's he's made those beats.
Um, but yeah, very talented kid.
Unfortunate.
Very unfortunate.
Yeah. Mad Classics. Yep. Trademarket watch. Hello.
Ready for Sunday's class so my stuff is legit in the future.
Yeah, Chad, don't get me wrong. I mean, people don't have to um The thing is is I can respect anybody who trades live. I can respect anybody who trades live, but if you don't trade live and then you make certain type of claims, just can't respect it. It's just point blank simple.
And I did see other people say, "Oh, well, um, so and so trade live." No, uploading a video, uploading content and saying, "This is a live trade I took and recording it does not count as trading live. We need to stop this. I've heard that. That does not count. You need to be live in real time with your audience.
explain what's going on because you can't explain what you're looking for if you want as much as you want or as much as you don't want. Either way, you need to take live executions in front of people.
Um because if you don't, it's just not to me it's just not legit. It's just not You have to think about it. The most clouded influencers in the trading space. I'm just talking about the trading niche, but the most clouded influencers don't trade live.
Like the most clouded ones, none of them. Not once. They may upload a video of, "Oh, look at this live trade. Oh, I made this much. Oh, I swing traded this." Or, "Oh, whatever. Whatever."
But they'll never come up here. In fact, a few of them I see they'll go live on Sunday and do psychology talks. This is how you know about to [ __ ] it all up again.
They go live and do psychology talks, but they never go live and actually execute something.
They go live like Saturday night, Sunday night. You notice that? But for some reason, they could just never go live when the market's open.
Never.
Why?
Something to think about. Food for thought again. Food for thought.
So yeah, I mean anybody who who trades live has my utmost respect because when I tell you it's a whole different thing. It is a whole different thing. It's a whole different thing trading by yourself and trading live in front of an audience.
Shoot. People who go on top step got more heart in them. They're trading in front of an audience, you know.
But yeah, just things for you guys to think about. Um, if they don't trade live, it's very questionable. Anybody can think about it, chat. Think about your worst trade this week. Think about your best trade this week. Anybody can record content and once they hit it, okay, boom, that's the video I'm going to upload. Anybody can do that.
We can all record all our trades and just post the best one of the week. You could do that. I could do that.
Everybody could do that.
So again, going live and uploading content are just two different things.
He produced hella dope music.
Underrated. Yeah, you know he produced sicko mode.
Yeah, he produced sicko mode.
Produced a lot of stuff. Let me see.
Let's do a little uh small dedication to take >> Keep this one stupid. I love that song.
>> Yep. He produced Family Matters.
>> He produced that song.
>> First person shooter. He produced These are just recent songs.
>> Yeah, he produced Rich Flex.
He produced Look Alive.
non-stop. He created Dang, that's Yeah, he he created a lot. And again, he made beats for Eminem, too. Like he Yeah, very talented.
That nonstop beat is crazy, right? Never forget when that song first dropped.
You notice they only go live when the market's closed. Wizzy, I knew someone was going to notice. They only go live when the markets close. Exactly. On only. I'm telling you, only only. That should tell you something right there because let me let me break this down to you.
Do you know how clouded up these people are? if they were to do live streams.
Now, because of the way their audience works, the amount of money they would make from live streaming is insane. So, you may ask yourself, why wouldn't they live stream?
Because it would stop business operations.
It would stop business operations, right?
H don't know chat. I don't know.
I do have a question though. How are you up a 100 million but you never have like a cut like you know like a little it's a bit you know little $50 haircut or something.
Not haircut but beard beard trim. How you how you never have like a bear trim?
I'm just asking.
Just things I notice.
I'm I'm being serious.
It is questionable.
Okay. Did we go through everything? We went through top step. We went through the guy that tried to say Lucid was scamming him and he ended up being the scammer. He got exposed.
Yeah, we kind of went through.
Oh, I know what we forgot to say.
Ladies and gentlemen, pre-orders for Grand Theft Auto 6 begins June 25th.
Pre-orders.
They know they got to do pre-orders because people are going to be rioting outside. You already know how it goes.
people.
Actually, it's going to be a little scary because people probably will be trying to rob people outside like they used to do for sneakers.
So, be safe. Um Yeah, be safe.
Be careful.
They ain't pre-ordering nothing. Yeah, me either. I'm I'm not pre-ordering it.
I'm I'm at the point where I just want the game to come out. So, the game ain't coming out. What am I doing? What am I doing?
And I don't need a physical copy. I'm downloading it anyway. So, l luckily I don't have to go to the uh store.
But uh yeah, they announced that Let's see. There's a little funny thing here. It says, "A kid loses 32 million trading. He's going to be the first ever billionaire trader."
Let's uh check this out.
>> This is day 24 of day trading until I get a CT5 black wing. Let's get it.
>> So, let me see. I entered a trade. And I entered this trade because you see that wick form above the top and we see our RSI getting overbought and let's see how this plays out. I'm already up.
>> Yo, this kid, this is so funny. He's risking 42 million. He's up 2 mil. Wait, what's his TP?
>> This funny >> guy.
>> Oh, his TP is a billion.
I lost 32 million bots, but it's all right cuz I'm very profitable. Follow for day 25, >> guys. I lost $32 million, but it's all right because I'm profitable.
Follow me. He's funny. Yo, he's going to be funny.
He's going to be funny. It looks like it's on Instagram. Tik Tok. I know that's Instagram.
This is on Twitter though, so I don't know his uh I don't know his uh handle.
I thought that was funny.
Let's read the uh comments. Paper money.
Slap in the face. No, it's real.
Very bright future ahead, I guess.
This guy is the future of trading.
Bazillionaire in trading.
Paper trading is the way to test out strategies without losing your house.
Not someone saying it must be the sigh guy.
Okay, that is funny. I love the confidence.
This is hilarious. The average crypto millionaire. $5 t-shirt, $10 shorts, rocks, 69 followers, $3 million Bugatti.
That is so funny.
I'm saying it's funny because yesterday I had on a white t-shirt, basketball shorts, and I had my black Crocs.
My Crocs hat right there.
Yo, your white t-shirt. Yo, I really This is all I wear. That is hilarious.
No, my $5 white Target t-shirt. Nice, clean.
No, I got no Bugatti. No, no, no. I do not have no Bugatti. No, no. I'm not Andrew Tate. I don't have Andrew Tate money.
How many Bugattis does Andrew Tate have?
No. No, I do not have a Bugatti, but the outfit.
Yeah, that's me all the time.
Andrew Tate, where's his saw something from him the other day. He's hilarious.
Like truly an entertainer.
See, I I find the entertainment in and the things that he says, I just think it's hilarious.
Doesn't he have like over 50 supercars?
Like something crazy like that?
Something crazy like that.
and he doesn't day trade himself, but he does pay um one of Andrew Andrew Tate's businesses is he pays big money to some of the most professional traders in the world, like some of the best traders in the world. He pays them to trade his trading accounts. I don't know if you guys know that. And they trade in pretty big sizes. So that's, you know, he makes money a lot of different ways, but the guy makes millions by not even having to trade. Isn't that crazy? Making millions trading without having to trade.
That's a whole other thing, huh?
Isn't that prop fitable?
Yeah. I mean, to each their own chat. I mean, like I said, people dress the way they dress. But I will definitely tell you in in my neighborhood, when you when you see people get out of a Lamborghini, G Wagon, Defender, Ferrari, McLaren, it do be it do be white t-shirt, whatever. Sandals, toes out, just whatever. It's not like not flashy. Maybe maybe maybe a Louis Vuitton purse. Not much of a big deal. Louis V bag. It's really not much of a big deal. Maybe some designer slides, but other than that, it really be just plain Jane, you know? Nobody really care. Nobody cares.
I tell you it's a it's a social media thing. See, the way it works is social media.
When I say social media, I mean the people of social media, they make fun of people. And I see they do it to rappers all the time. They do it to YouTubers who have a big following. I see it all the time. They bully them on stream.
They're like, "Oh, where's your chain?"
Or, "Oh, you can't afford a chain or you can't afford this." They bully them and then the YouTuber buys it and that becomes you're buying it just to prove a point which is not good, right? They make fun of them like they'll call them bummy and stuff like the bigger streamers. I see it all the time guys.
So now you start spending money making sure you're designer out all the time, you know, because people make fun of you. Now you're just spending money to impress people who don't have your money. It makes no sense, you know.
Rick Ross got clown for flying commercial.
Yeah, but I will say I will say Rick Ross is always talking about how much money he has and how he would never do this or that. He's so bougie and always downing, how do I say it? You guys know what I'm talking about if you watch him. He's a big money talker.
So, I do think that that kind of played in a role of the internet making fun of him because it's like, okay, out of all people, you talk all big and crazy about money all the time and what people don't got and what you got that they don't have. So, I think people took that opportunity to get him. You know, you know what I mean?
But did you see he posted a video after talking about his private jet is getting Starlink updated and he was going to show proof. Now see that's just showing proof to people. Hey I still have money.
See again you don't want to be in that position where you need to show proof.
Most people don't have no private jet.
You ain't got to show nothing.
50 clowns him. Oh, him and 50 always going back and forth.
They're both petty.
They are both petty.
Petty people, I tell you that.
Very petty people. Both of them.
Hilarious.
Yeah, I saw um that interview uh Rick Ross recently did.
He's, you know, He's he's going at Drake again and they're like, "Did you listen to Drake new album?" And he was saying how like he's still recovering and the trauma and he's being so exaggerated.
His airs are recovering the trauma from hearing trash music. He says, "See, they just they just be dramatic for, you know, they just be so dramatic but funny."
But what I thought was funny was in Drake's the irony in it is in Drake's new album, what did Drake say? If I'm lying, I'm flying economy.
There goes Rick Ross flying economy.
Bro, it just couldn't be no more pitch perfect. The timing the timing of that is just iconic.
If I'm lying a flying economy, two weeks later, Rick Ross gets caught flying economy.
After talking so much junk, man, ain't that icing on it.
Let me see. But yeah, Andrew's got some crazy cars.
$2 million Aston Martin $5 million Konis egg and I believe he has a few, right? He don't just have one.
Look at this. $5 million consecr Bugattis, right? My goodness.
Now, some people say it's stupid, but in a way, it's smart because these cars aren't really going to lose their value.
of if things go left, all he has to do is sell his cars and be a multi-millionaire again.
You know what I mean? Lowkey kind of smart in a in a sense of [ __ ] go left.
Well, just going to have to sell not even sell all the cars. You just sell one car and he's good. which is crazier to think, but east.
That's uh I know he's he's got quite a few kids.
I'm sure they'll have a lot to uh split up there as kids. Can you imagine, chat, your dad's got a couple Konis eggs, Ferraris, couple super cars that cost a couple million each, three Bugattis. Can you imagine fighting over your siblings for who gets what car?
I'm sure they won't though, cuz I'm sure for them um they're used to it, you know.
You know what I mean? They're probably used to it by the time they get older.
Woke trader got your first payout from topset this week since 2025. Congrats.
Let's go.
All right.
That's a way to go into the weekend.
We get some W's in the chat for Wol Trader. That's amazing.
Well deserved. Stuck it out.
All right, chat. Yeah, I think that's about it for the stream today. It's going to be nice and short. Bank holiday. We sat here and watched this chop, but we had some good discussions.
Um, looking forward to seeing everybody on Monday. If you are a trading lab member, I'll see you on Sunday.
Um, those of you who are members, early access to my book dropped today. So, make sure you grab a copy of the book in the Discord.
If you're not a member, um, you'll have to wait till August 1st to get the book for free. Okay, let me get a picture of it. Where is it?
Where is it? But yeah, go ahead and grab the official playbook. Like I said, it's free to download in the Discord. Go ahead and grab it if you're a member.
Super excited to hear you guys' feedback.
Um, the extended version is for those in the Sunday's trading lab or if you're a visionary member, you get the extended version. There is extra stuff in there that is not in the original.
So, I hope you enjoy.
On that note, on that note, I'll catch everybody later. Thank you so much for coming to the streams today, y'all. really appreciate it.
All right, have a good day everybody.
Don't forget to smile and I'm out.
Manifesting to be sitting here present, confident, seeing it, executing it.
>> What the hell?
>> So, I think I'm going to add to this position my stops to break even. Boom.
Boom.
And boom. Day. Come on. 1K.
>> 690 with micros.
And I'm gonna close that is mad, chat.
Chat is mad, chat.
>> All right, chat. Close your eyes and sell. Here we go. Just don't even look at it, chat. Why would you put a stop loss on it? Are you crazy? Why would you use a stop loss? It can't get no better than this, chat. Oh my god, she's up $5,300. We're going to close that trade.
Five grand live on stream.
Heat. Heat.
Hey, hey, hey.
Heat. Heat.
Hey, hey, hey.
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