How I Teach My Students To Make $1000 A Day In The Stock Market

whenever i do these pop-up um webinars i never know if anyone's gonna show up so thank you guys for coming and joining me tonight and there's a ton of us all right this is awesome okay so what i want to do real quick is to do now um and y'all may or may not know but my background is education i was in education for 10 years and my last job before i was able to quit and start trading and traveling full-time was as a assistant principal of an elementary school so with that said hello guys i see you guys hey philly richmond riley raven from south carolina um but with that said i like to do a do now so i'm going to share my screen but this is what i want you to do tell me what would you do if you could make an extra 200 a day put it into the chat box as more people are coming in what would you do if you could make an extra two hundred dollars a day wonderful and for everybody who's joining just now this is where we are in the comments we are putting in what we would do with an extra 200 a day and you guys might think that that's not a lot of money but actually 200 a day equals a thousand dollars a week four thousand dollars a month eight thousand dollars a year extra just by making two hundred dollars a day everyone's like wait what what you can make extra forty eight thousand dollars a year just over two hundred dollars and this is what i did so this is a picture of me and for me when i make an extra 200 a day for me it's about travel i want to be able to travel more and now i've gotten up to a thousand dollars a day so now it's not just about me traveling it's about bringing my family along how can we travel as a group um i also was able to like hire one of my family members so just building up family wealth um this is selenia actually and can you guys see the screen um so first selenia and alex what what it meant for them to have 200 a day was quality time with their nephew so i got this awesome text message from selenia and she just told me terry i used to work in big lottie i don't have to read all this but i'll summarize it for you she used to work in a law firm and she never had any time for her family but i taught her how to trade and once she learned how to trade she was able to make her own money and get her time back so for her 200 a day meant having quality time with her family and let me debunk a myth before we even get started let me debunk a myth real quick some of you guys are like terry i don't know if i can trade because i don't have a lot of money and i'm coming on this call because i'm interested i just want to see what you're going to talk about but i really don't think this is for me so let me just let you know right now from the beginning of the call even if you don't have a lot of money this is a skill set that everyone should learn if you see here this is carlene she's one of my really i love carlene great student i actually love all my students so they just all make me smile um but this is carlene and her family and you can see here in her account like she's trading with just 187 dollars but here's the thing to look at when you look down here at her realized profit and loss she made twenty dollars on this account that's less than two hundred dollars so guys she's making almost a ten percent return on her account so as she learns the skill set just imagine what the account will start looking like as she continues to grow right she can i have some students that actually do this every month they put a little bit more money into their account but now that they have the skill set they're able to make that money grow but the biggest thing is she's making 10 returns on this 200 account and that is major if your retirement accounts made 10 in a whole year they would be so ecstatic so by her knowing how to do this with even a small amount she'll continue to let that grow and so now let's get into why you're here and i'm going to zoom forward a little bit because i really want this time to be let me teach you a little bit and then i want you to be able to ask me questions so if you're here you're probably wondering a few different things so you're probably wondering if you can really make money in the stock market is this really real you're probably wondering how quickly can you get results or you're wondering how much does it take to get started and you might have already traded before so you're probably wondering what am i doing wrong like terry it's not working like like you you say it's working so these are the secrets that i will actually teach you throughout this call and please wait till the end because i have some bonuses to give out too but these are the secrets that we'll cover i'm going to teach you how do you trade with the bank's money that's for all those people that are afraid you don't have enough money and how to avoid using your own i'll teach you how to it safely invest in the stock market without feeling like you're taking a huge gamble because that's one of our biggest fears right that stop investing in the stock market is too scary then i'm going to teach you how do you identify the right stocks to invest in without doing hours of research one of the biggest excuses that i get is terry i can't be a trader because i don't have enough time so we're going to address that how do you do this without using all your time and then the last thing that we'll address today is how to make a massive profit without waiting until retirement to cash out how many of you guys want to get your money before you turn 59 and a half and even if you are in retirement age you might wonder okay terry how do i take care of that gap year or how do i make my money continue to grow without having to take the whole retirement out like those are some of the questions i hear from my people getting close to retirement and then now for so many of us we're trying to retire early like we trying to uh retire in our 30s and 40s so this still this still applies to you too how do you access money and make your money work without having to wait till 59.5 cool and i see two people that have your hands raised go ahead and write your questions in the chat because i'll come back through and scroll and make sure that i answer your questions so why is this important for you right now this is important for a few reasons one maybe you're stuck in a job that you don't really like and you need a side hustle to supplement your income y'all write a one in a chat in the chat for me if this is you let's see if i see some ones or maybe you've tried investing before and now you're looking for a better solution so that you so that you can really start thank your regime i see your one so you can really start building wealth tell me if this is you write a two in the chat if this is you you've tried it before and it didn't work and so now you're trying to figure out how to do it right thank you guys nia kendra jacob nish i see all of you guys writing the ones nina jay you're writing the twos wonderful brian neal wonderful and then what about this what if you have a big goal and you're just trying to figure out well how do i use my money to pay off debt or or pay for this goal that i'm trying to do write a three in the chat if that's you i have a goal that i'm trying to pay for and i need some money to reach that goal oh wonderful array says three exclamation points three and three exclamation points i love it and then the last one what if you or how many of you guys have savings and you know that you could be doing something better with it so you have some money just sitting in an account and you haven't done anything write a four in the chat if that's you thank you brian you already knew you're like i got it kristin's like four facebook i love that you're like two three and four all of them all of the above love it well imagine if you could make a thousand dollars a day from anywhere in the world without having to clock into a job or have a lot of money to start with and imagine if you were consistently moving money from your trading account to pay off your date uh pay off your income daily monthly or weekly and imagine if you were in control of your own schedule and didn't have to report in or ask for permission for time off y'all this was my big why i didn't want to have to ask anybody for permission and even today i think i'm allergic to bosses and allergic to asking for permission so um that's my big why and this is what happened to me so and thank you guys i see all the fours i love it and he said for he said i'm allergic to my co-workers yes yes i've been there too so here's what happened to me i went from in 2016 having negative returns on my investments and 4 000 dollars a month as an assistant principal to now being able to average a thousand dollars a day and guys i'm still doing this even today i made a thousand dollars on amazon i made it in about 20 minutes and then went on about the rest of my day um but this was actually the turning point for me so i was in this job that i hated and i'm actually gonna go i'm gonna go in a different direction so i was in this job um as an assistant principal and i love the kids like you guys see the kids there i love the kids but i was drowning at work like drowning at work my boss had quit two weeks before i got started so i never really got any training then they told me well you're gonna have to work nights weekends every day all day and then on top of that i had some petty administrators that would just nitpick on every single thing that i did so i never felt good enough i was stressed out then i'm a stress eater so then i was eating gaining weight just it was a bad situation so i was stuck in that situation and then on top of that i found out that my friend passed away so this is my friend john and this is like our crew back in chicago so i'm in this horrible job and then my friend passes away and i'm getting all these text messages at work like hey did you hear about john did you hear about john oh my god did you hear about john and i'm like what is going on and what's crazy is when i finally figured out that he had passed away um i remembered about this one conversation him and i had had so he was he wanted to go on a trip to jamaica with his girlfriend at the time he um then married her and i love her today she has a beautiful they had a beautiful son together he actually was um when he passed away the baby was one years old so like you can just tell like this was a horrible situation um but i remembered like we had this one conversation and i had told him not to go on the trip to jamaica with his girlfriend because he didn't have any money and i was like john you can't afford it right now like wait wait until um you get some money till you get your career under your belt then you guys could go on a trip because he was gonna do it on a credit card and i remember that i had this conversation with him and i had told him not to go on the trip but do you guys remember the one thing i was thankful for when he passed i was thankful that he went on that trip like what if he had waited like i told him to and just waited for the next thing to happen but he didn't have that much time so this is the question that i have for you guys and um you guys may or may not know i'm also like this is not what the cold call is about but i'm also in ministry and i think that everything we do should have a bigger purpose than just money and so with that in mind i want to ask you guys a couple of questions um what would you regret if you passed away today because that was the thing that i regretted when when john passed away i was like i'm so thankful that he went on that trip i'm so thankful that he did it and for you guys like if you if you didn't have you know years and years from now like what's the one thing you wish that you've got a chance to do traveling more yes thank you toy because here's the thing guys life is just too short and i realized that when my friend passed and i realized that finish my book buy a home thank you guys i realized that life is just too short and i was sitting in this job that i hated and that's when i i realized okay i've got to get out of this situation and for me my exit strategy actually was investing i said if i could just make 300 a day in the stock market then i could leave this job behind and i could actually go travel which is what i really wanted to do in life because i would regret not seeing the rest of the world and so oh wonderful go back home overseas travel i would regret not having freedom yes yes so as i was saying when i finally figured out that you know what something's got to change something's got to give i started practicing investing and i started practicing every day i took some courses and y'all my courses were crazy my courses were twenty thousand dollars of course so that just tells you how much i really wanted to learn how to invest play my drums more thank you grayling regret not starting a family yes kaylina um so yes so i started investing started working on the stock market and here's what happened so like i had gone to mit um a little bit of my background i had gone to mit i had invested or i had worked on wall street in college so i knew that investing was a thing and even while i was working in education i had been investing as a side hustle so when i got serious and was like look i'm going to do this full time i was serious i was all in i'm gonna do this i'm gonna learn how to make this work for me because i know that i've seen some people on wall street make this work for them it is a thing um so i took the classes got serious worked my way up from that hundred thousand hundred dollars a day to two hundred dollars a day three hundred dollars a day and made it at three hundred dollars a day i quit my job and started traveling all over all over the world so this is me in australia which was my thank you christian she's like nice photo um so this is me in australia traveling to my dream location because i finally made it and so i for me i traded and traveled for two years i quit my job in 2017 and started immediately traveling so like the first place that i went was south korea this is me in south korea my old dress um and then i went to japan thailand um vietnam then i went to australia again and when i came back after those trips i came back home that's when i did my first class for investing in the stock market when i came well i did one in thailand and i took pictures on instagram that i did one in vietnam and i took pictures and so when i got home my friends were like we know you're gonna teach us and lo and beh behold i did a session may of 2018 so just last year and all these people showed up and i was like what are you serious like you guys really want to learn how to invest they're like yes terry we want to learn how to invest um but look how happy you look ah um so yes so all these people showed up and what's crazy is i told i told them okay well if anybody wants to really learn how to invest i'm going to i have an online course that i'm creating if anybody wants to learn then i'll do it y'all i didn't think anybody was going to take the class but two people in here bought the bought the course immediately and i started creating a course so i started speaking teaching investors how to be successful and lo and behold that's where we are now so if anybody is excited about learning today how do you trade and travel that's what we're going to talk about i told you already the secrets that i'm going to unveil unveil to you today but just that this is my story so you know a little bit more about me and this actually this picture is the epitome of me trading and traveling i was investing in chipotle and i made twenty thousand dollars on the beach in mykonos and i'm like looking out at the water my friends swimming and i'm just trading on my cell phone and i made twenty thousand dollars so this is what um i'd like to share with you guys so this is what we'll learn today and it's how do you i'm going to share how how investing is a substantial way to build wealth because i know some people are still a little bit you're like ah but terry investing like you still have some some uh myths and fears about it so we're going to talk about how investing is an important way to build wealth then we're going to go into the four secrets that i revealed i'm going to tell you how to do those things and then i'll share how you can work alongside of me and like i said i'm trying not to go too long but i know that i can get excited so after this i also want to make sure you get your bonuses and can ask me any questions so real quick though um let's talk first about investing in a stock market as an investing tool because many of us i'm going to say just myself have originally learned that you should invest in real estate so i want to do a quick comparison of real estate versus investing to show you how this is a substantial way to build wealth so if you've got a rental property um here are just some some quick numbers like let's say you got a rental property your rent was 1500 a month for it the mortgage you're paying is a thousand a month so and then you have to pay a couple more fees like homeowners association so your take home after excuse me from the rent after fees is 300 a month good investment you're actually making some cash flow each month right but this is the thing that people don't often think about well how much did you have to put down to make this 1500 a month you usually had to buy the property and put down a down payment and let's just assume the house was 100 000 and you're putting down 20 because it's an investment property so you're putting down 20 000 if you only paid 100 000 you probably have to pay for a little bit of repair so that's 10 000 and then your total upfront cost is 30 000. so now the question is how long will it take you to get your money back if you pay if you're getting 300 a month but your upfront fees were 30 000 y'all it's gonna take you eight plus years to get your money back and the whole time that you have this investment you actually had to give up 30 000 to the bank in order to start getting 300 back valid way to have an investment this is an investment property but let me show you what i could do as an investor in the stock market with thirty thousand dollars so this is me um i've done several five-day challenges they're all also on instagram so if you guys go to at i'm an investor on instagram you'll find um post about all of these so you can see what i actually invested in what the stocks were oh glenn's like she's very passionate about what she teaches oh thank you i am i really love this stuff and i just want more people to know about it like i just i just feel like more people need this because we're trapped in jobs and we don't have we feel like we don't have any other way so this is um the five day challenge that i did and on monday so i'll just walk you through like the days thank you glenn now that just made me blush so uh monday i made 3 700 tuesday i made fifteen hundred dollars wednesday i made thirty eight hundred dollars thursday eleven hundred and friday forty four hundred dollars by the end of that week i had made fourteen thousand six hundred and thirty four dollars off of my thirty thousand dollar investment so this is the difference like instead of making three hundred dollars a month off of your thirty thousand dollar investment i'm making fourteen thousand dollars a week on my 30 000 investment and i still have access to my cash i still have access to the 30 000 so this is why i think like this is why i'm so passionate about letting people know that there's another way to invest and then like following that i went to fincon this is actually last year we just had a recent fincon um but we didn't have a lot of time and we're going to talk about this week a little more later when we talk about time and how to save time i only had about five hours to invest this week and i made six thousand dollars so that's almost a thousand that's a little more than a thousand dollars an hour um that i was making investing there we go and then this last week i took some time off and i actually worked three days that week but i made 3 727 and one of the reasons why this is so important to me is because as an assistant principal my monthly salary was four thousand dollars so for me to have only like three worked three days of that week and still made almost my same monthly salary like this is why i feel like everybody needs to know how to actively invest whether you do it all the time or not like you just need to know this skill set um and somebody i know is going to say well terry what about more recently what have you done recent so this actually was this summer so this was a week from may 31st to june and this week i know it's kind of hard you like when you're looking through this you're like terry what am i supposed to look at this is so many numbers um where you should look is down here at the bottom so where it says totals and then it says thirteen thousand dollars that week i made thirteen thousand dollars in a week and one of the coolest trades was this first one that i did on amazon where i made nine thousand dollars in profit and the reason why i love it is because check out the chart do you guys do you guys see this red candle right here this one that went from 1750 down to 1677. like this candle when the stock market was falling was when i made nine thousand dollars because i was shorting it i was shorting amazon and so i made money as the as it went down so like that's the cool like that was one of my most fun trades i was like oh my god i'm making money um so it's like it's it's really cool and a lot of people don't know that you can make money on the way down so anyway let's keep it moving some of you guys have probably wrote yourself off you're like oh my god that's amazing but i don't think i could do that so come back in because if you are any of these things if you like taking initiative if you like learning new things if you take pride in your work this is for you like you can do it especially if you love to see things done more efficiently i feel like people who like learn like to see things efficient are really good at having discipline with trading it's just it's just kind of cool but you can do this and let me show you how so in the next um few minutes i'm going to teach you the four secrets of how i make a thousand dollars a day and it's going to go through this process right here i think i actually have another slide that shows you yeah let's look at it this way so um oh okay um so first we're going to start with picking good companies then we're going to go to protect portfolio then we'll go to price trade and then we're going to go to pushing forward like these are the areas that i actually go through every time and y'all some um kalina wants to know what the webinar address is so what somebody put that in the chat box for so that she can send it to her dad um thank you we'll get it to you um and then what is shorting oh we'll we'll talk about that crystal great question we'll talk about that at the end wonderful so here we go guys so when you're picking good companies and actually let's just move forward but let me tell you these are the sections we're going to cover and this is each one of these i have some secrets for you in these buckets so first when we're talking about picking good companies i need to first address your fear and then i can keep going and talk to you a little bit more about what the solution is so the fear is that you need a lot of money to invest that's what people fear and what it what it leads to is it leads to them thinking that they need to pick penny stocks and there's this myth floating that you need to get penny stocks or really cheap stocks in order to invest because you don't have a lot of money but guys that is totally a myth in order to really make money in the stock market you need to pick value companies which are best in breed so that's the truth the truth is you need to buy value companies that are best in breed and terry what does that mean it means that if you're looking at a sector of companies and this up here is a cnbc app which is one of my favorite apps um let's see if we zoom in a little bit okay let me tell you something and then i'll walk you through this but a best breed company is a company that in a sector this company is the best in that area so for example let's think about airplanes so in airlines you have southwest airlines delta airlines american airlines spirit right but what i would want you to do is i want you to actually yeah i'm gonna tell you how to do this um but i want you to figure out which one of those companies in that sector is the best company and then i want you to invest in that one because when you invest in the best companies in the sector that usually leads to higher returns okay so we're going to be looking for the best in breed companies and one of the ways that you can find this of course i go in my trade and travel course i go into this in so much more depth so we can't cover all of it here we just know like i can teach you more about this but one quick tip for you is download the cnbc app the cnbc uh network is a financial network that covers financial news all day but they also have an app and when you download the app you can create a watch list and so a watch list is where you can put in companies so the companies um here that i have are just companies that i like and one of the bonuses i'm going to tell you a little in advance one of the bonuses if you get the course tonight is my watch list so it's it's bigger than this of course um but these companies are companies that i've thought of that i've liked for a while you can put them into your watch list and then once they're in your watch list cnbc will give you notifications whenever there's news on those companies it'll give you notifications of like how the stock price is moving each day so this will allow you to start looking at those companies and figuring out which one is best in breed and one other tip i'll give you is when you're building out your watch list if you're trying to figure out which company is best i want you to put the company you like and maybe one or two of its competitors in your watch list and then as you're watching them uh each day i want you to see which one moves the most on a good day when the market is up and then which one loses the least when the market is down so like today the market came down that was down 94 points when the market came down we need to see which one of those out of your company and the competitors actually went down the lease because that one's probably the stronger company out of that group so couple extra tips um just to put in there but that is uh one secret of how you're gonna find the best in breed and then one other secret i'll give you in this section is one of the things that i teach my students how to do is we open a margin brokerage account and a margin account um a margin account and let me just put out some disclaimers real quick one disclaimer i am not a broker so i'm not telling you what to do when you invest you're investing at your own risk and i will tell you that margin accounts are risky um if you lose more than your amount of money you're gonna have to pay the bank back so do know that this is a um this is something that is risky but also know that i'm a good teacher and i'm going to teach you how to make sure you protect your risk on these but one of the things that absolutely blew my mind when i was first trading was these margin accounts let you trade with the bank's money and usually they let you trade with two to four times the cash amount in your account so say for example and i know this example scares people because they're like terry i don't have twenty five thousand dollars actually with a margin account at uh my my current broker uh trade station you only need to have two thousand dollars in your margin account for them to to to give you the extra money so for example if i have two thousand dollars in my margin account they'll let me trade with four times that so they'll let me trade with eight thousand dollars per day and that's the same that's what i'm getting at with this example here i don't want you to get scared but say you had twenty five thousand dollars your daily buying power would actually be a hundred thousand dollars and why is this important well it's important um because many of us feel like we don't have enough money to invest but when we realize that there's these margin accounts out there we can actually do more with a smaller account so for example this is miss um miss baylor she's one of my students and she sent me this uh testimonial about how she was doing in her trade and one of the coolest things in here and because of time i won't run through this but i am recording so i'll send you guys an email with the recording um in the next couple days but miss keisha sent me this email and she had made 1200 in less than 12 days and she goes through it all all in here she tells me exact shares exact numbers but also when my students report things to me i usually ask them for pictures you know no picture no proof so she sent me these pictures and check this out guys so she took a trade in ttd that's the trade desk don't forget the disclaimer i'm not telling you what to invest in we're just looking at some examples of my students um but she invested in ttd and she invested in it at 198 it's actually come down since then good time to buy maybe i'm not telling what to do but um but let's look at this so she bought 26 shares of the trade desk and you can see that she has some profit already on this trade but the total cost of this trade was five thousand one hundred and forty one dollars right so you would assume that in order for her to take this trade she needed to have five thousand dollars or forty two hundred dollars in her account right like that's what usually we think you have to have this amount of money that you need for the trade but check out her account so she sent me her account she only has and actually check out this before she did that trade she only had two thousand six hundred and fifty two dollars in her account but she was able to make a trade for five thousand dollars why because she's using margin margin allows her to have a bigger buying power and then that buying power allowed her to have a bigger profit so when she finally realized the trade she had made 889.50 on that trade and her account size is now only three thousand five or only but her account size is now three thousand five hundred fifty dollars so this return is like a 33 return on her account size and some of you guys may not feel like that's a big deal but if your 401k came back to you and told you they had made a 33 return would you be excited man i think everybody in the world would be excited so this is the kind of thing that you can do when you're able to use a margin brokerage account so that's one secret that um i want to tell people about but do know like i said margin accounts are risky so the next question is well terry what do you do to protect your risk and one other thing i will say about margin accounts is a margin account is kind of like a line of credit in real estate so in real estate if you get a line of credit like a home equity line of credit it's there the money is there if you need it but you don't have to use it and when you do use it you do pay an interest rate on it so do know that when we're using this um margin we pay a small interest rate for us i think it's 10 a year but then when you break that down over 365 days it's like less than like point one percent a day to hold the money overnight so i won't get into the details but do know you are going to pay a little bit of um percentage to hold to use the money but usually we only use the money for one night or one day so you don't actually have to pay that money unless you hold it for a long time you don't have to pay that interest rate i'm sorry unless you're holding it for a long time but like i said we can go much more in depth in the course but i just want to let you know kind of some of the things that are out there that you may not have known was possible so now quick check for understanding do you guys see and put um please put a one in the box if you see if you understand this how using a margin account can help you afford more more valuable companies and give you better return than penny stocks one one good good so you're seeing like this is possible this is kind of what i could do if i don't have a large account size but i really want to learn that skill set yeah all right now the next thing wonderful thank you guys thank you guys for putting your answers in the chat so now let's go on to the next secret so the next secret is protecting your portfolio so i just told you guys using these margin accounts is risky um so what do you do well let me tell you this second thing most people's fear is that the stock market is too risky and that's why they don't invest um there's this myth that the stock market is a gamble right and how many of you guys have heard that stock market isn't a gamble you can tell me yes i have um talk back to me i'll tell you i'm a teacher i need you to respond back good i see people saying yes yes i've heard it thank you guys heard it all thank you ray email's like yes veronica's yes i think it's yes thank you so jacob you're like yes i thought it was too risky exactly so now let me tell you some secrets that take the myth out of it so here's the thing with the truth is that trading is a calculated risk for investors that are professionals we think of it more like taking a free throw and we're looking for trades that are more like steph curry taking a free throw so if you take a free throw yes there's a probability that you won't make it right because nobody knows if you're really going to make the free throw but steph curry's percentage average is like 80 90 percent there's a 90 chance that when he takes the free throw he will make the shot and the thing is well what if we could figure out trades that are 90 percent probable to be successful or have a 90 probability to be successful and for us as traders we're not even usually looking for things that are 90 because that's a bit high in trading if we could get a trade that is 70 percent has a 70 likelihood of being successful that'd be a trade that is worth taking and so the question is okay terry well how do we find trades that are have 70 probability or how do we even first of all figure out the probability of a trade being successful let me give you a couple oh neil says 92 oh wow i feel like his average has gone up cool um so let me give you a couple secrets on how we could figure out the probability so the first thing is when you enter a trade and this is you have to use charts to do this and we'll talk about charts in the next section actually but when you think about where you're entering a trade and then look at where we're exiting you're able to calculate the potential reward of a trade okay and likewise though there's an order type called a stop order a stop order is is an order type that will get you out of a trade if the trade goes wrong so if for whatever reason the stock starts going down your stop will get you out of the trade so that you can know exactly what your risk is before you even take the trade and if any of you guys and you don't have to be great in math uh take that off out of your mind you do not have to be great at math to be a trader or to make money in the stock market but but the question i do have for you is if we know our reward and we know our risk then we can figure out the probability does that make sense to you like if you knew that your reward was three times your risk well a three to one probability that's a good trade so if you if you can figure these things out and i will teach you how to do that so don't be afraid um but the point is there are ways to calculate the probability of each trade and you do it by figuring out the reward and risk ahead of time and you also do it by the stop order limits in your trade so that's the secret the secret is putting in a stop loss to protect your risk and what is a stop loss i'm gonna just explain this one more time just so that people can really get it so when you're i did this this is a zip line in puerto rico so i went down this huge zip line in puerto rico and at the end of the zip line we um i hit this buoy and this buoy like immediately stopped my momentum that's what a stop loss is a stop loss is if your stock is going down in the wrong direction this stock will take you out of the trade and you can actually determine your your stock so you personally get to determine your risk tolerance if you said i don't want to lose more than a hundred dollars you put that stop in so you don't lose more than a hundred dollars if you're saying okay i don't want to lose more than a thousand dollars put that stop in but what i see is a lot of traders especially novice traders trade without any kind of protection and when the stock market has crazy days where we get some random news all of a sudden their account is diving down because they didn't have anything to get them out of the trade so this is what we're doing to protect ourselves and i actually have four other things that i teach you like quantity size how do you know uh time market timing i teach you several other things too to make sure that you're not making these mistakes and you can protect your risk but one of them is stop loss so i want you guys to know about that and this is one of my students so this is raymond raymond actually y'all was my first student and i just i just oh i love him to death he um he was making ten dollars an hour in his job so every time we made ten dollars investing i just i just jumped for joy because i knew that was ten dollars or that was one hour he didn't have to work and he did kind of hard labor so i'm like man like we just saved him an hour of work like he didn't have to do overtime for an hour this week because we just made that in in stocks with his money so um but this is raymond and so he says i just wanted to show you how your class affected my week avoided those five mistakes and not being greedy paid off i'm ready for next week to see if i can stay consistent thanks again but this is what we can do with um stop losses so check quick check for understanding does this make sense does it make sense how putting in a stop loss to set your risk and calculating high probability trades would lead to less risk you guys can put yes in the chat it does good yes yes wonderful wonderful corey says yes trisha's makes sense wonderful oh good i'm so glad wonderful okay so let's keep going then so now that we know how we're protecting our risk now we need to know how do we price the trade correctly one of the fears that i often hear and and we're going to take a tackle of fear too i'm going to give you the secret but i also want to tackle some fears one of the fears that i also always hear is that people don't have time like terry i know that i should be investing but i just don't have time to do it and i think the myth is like the reason why people think this is because there's some myths that it takes hours of research in order to be a good investor you've got to research the stock know everything about the company before you can really take the trade and that's actually a myth especially for someone like me who's an active investor i'm investing for income so i don't have to do hours of research like fundamentals because i'm looking for companies that i can make income on and the question is okay terry well how do you do that i do that reading charts and when you learn how to read charts it takes a lot less time than doing fundamental research now quick note do i make sure like do i invest in companies that meet fundamentals yes every company that i invest in like i have about 30 companies right now that i invest in for the long run they are very good companies and they would probably meet any fundamentalist requirements but i'm just trading in and out of them and i'm able to trade in and out of them quickly because i know how to read a chart okay so this is what saves me time so that i can make more money this is a chart of um of autozone and guys autozone actually is above a thousand dollars now so you can see how long i've been trading it but when i see this chart like i can immediately see where we're taking a trade and like it's like for me i can see it in less than a minute so the secret in order to limit your time is you got to learn how to read charts because reading charts takes a lot less time um and you have to learn how to limit your watch list that's just another little freebie but remember how i told you guys i have 30 stocks that i i have on my watch list i watch those 30 stocks consistently and then those 30 like i said i just trade in and out of because there's some people who i've seen some students who've come to me and they've been watching like a hundred companies guys you can't successfully watch 100 companies limit your list get you several ones like several stocks that you really like and that you're good at trading and just trade those consistently and you can make your money i have a couple students that just trade one stock they have gotten really good at reading the charts of one stock and they make their money every day done and then the cool thing too is because they're trading one company they know it so well like they can usually meet their goals in less time like 20 minutes actually let me show you example i think annette is in this example okay i'm going to show you me and then i want to show you a net because she she literally has met her goals in 20 minutes so i told you guys about this and i'm gonna skim through this pretty fast but that week that i made six thousand dollars like this is the amount of time that i spent each day so i think this was the day where i made 1500 here let's check real quick this is the week i'm talking about a thousand fourteen hundred i lost a little bit on thursday you you will have some losses don't think you're never gonna lose you will have some losses but we're just making calculated risk right so this is one that i lost but i knew what i was losing so that i could have this other day where i'd make three times that right um so okay these are the days we're looking at this thousand fourteen hundred fifty four hundred let's see how much time i spent so this one was a thousand dollars it was like a thousand and ten dollars 48 minutes this one was fourteen hundred dollars i spent one hour 27 minutes and then this was friday that thousand four hundred dollar day has been an hour and a half so if anybody here is like i wanna make five thousand dollars in an hour and a half learn how to trade stocks learn how to read charts more than that someone says so that explains how jim cramer does it reading charts yes and some of you guys are gonna say like um jim craver never talks about charts but if you actually look at his show many times he'll bring in people that are charting experts and you better believe he knows how to read a chart he knows how to get in and out that's how he ran his hedge fund like you've got to know how to read a chart as a professional trader but in this thing where i'm telling you guys about saving uh money or excuse me saving time check out annette so i love annette she's also one of my great students and you guys can let me see if i put her instagram on there she always talks about the money that she's making from the class so if you have any questions that you want to ask a student of mine um this is her instagram annette's worth um is that right a net i think this actually should be a nets underscore worth instead of zero yeah i don't want to mess anything up go back out but check her out just look her up look for a net a net try a nets underscore worth but it's back to the presentation because it's not even about that but she made 2599 on a trade on amazon and back to this idea of shorting she made this when the stock market was going down so you see this she's like i had a great day with amazon on friday this is the most i've ever made in a day i actually stuck to my role of getting out while i'm in profit and not going back in thinking i could do better we had been talking about that right she's one of my vip students so i actually personally coach her and i had been talking to her about not being greedy don't be greedy and so she's like i didn't do it i had this great day um but the coolest thing if you read down in her message um also she's like thank you for your lessons and greed i had to be grateful for this amount and it was more than enough for me i was done in 20 minutes so she did this 2600 in 20 minutes learning how to read charts so let's do a quick check for understanding you guys put money in the chat this time if this makes sense so if you do you guys understand how if you had a small number of positions and got familiar with their charts that you could actually that would lead you to um taking less time put money in the chat if that makes sense wonderful sharing those money tio says money our month is money wonderful turmeric money donna money wonderful thank you guys money perfect y'all are with me wonderful so now let's go into this last secret we're going to push forward so the last secret is ah good john says money howard says money corey says have to sign off but this is awesome i'll be doing the course wonderful corey welcome welcome to the course go ahead and as soon as you enroll you immediately get access to the course and then we start live group coaching calls kind of similar to this um next monday so if you're available monday nights we do this for the next seven weeks we'll be starting next week so awesome but actually with course content and then we'll answer questions but wonderful corey see you soon um cool so let's go back to the fears so the last fear that i hear often is you can't time the market and how many of you guys have heard this myth you just gotta hold it you it's a buy and hold it'll grow over time how many of you guys have heard that you should just buy and hold yep yep everybody's like yes smiles like yes nina yup yup yup obviously tons of yeses so yes but here's the thing so as an active trader for income you have to remember that trading like the stocks don't go up in a straight line and i think now more than ever we know this because we've seen what's been happening to the stock market the last few months especially with the trade war looming we'll have one day where the market will be upgrade even like recently we had some great days and then the next day it'll be down three days in a row so you all know more than anything that the stock market the stocks don't go up in a straight line they go up and down so as a bias as someone who is an active investor active investor versus buy and hold you can make quite a bit of money as those stocks are going up and down you don't have to just sit there and let your account um drop without doing anything and remember you don't have to have huge goals like just by us making 200 a day it actually led to an extra 48 000 a year so even if you're just making two hundred dollars a day as the stocks are going up and down you can make good money and got and guys i actually had dog barked i was like what is that um and guys i actually encourage you like you don't have to day trade you can be a more swing trader and make weekly returns so instead of saying my goal is 200 a day you could say well i have a weekly goal of a thousand dollars a week totally legit totally possible and you still make an extra 48 000 a year just by being able to actively trade and i want to just do a quick comparison because some people are going to say well to terry like you know if warren buffett says buy and hold who are you to say active trade actively trade you're not warren buffett you're right i am not warren buffett but and i'm okay with that um but it's here's the difference so in houses if you're investing in houses you can either be someone who's a long-term investor in a house so you buy the house and you want to go for long-term or you're someone who flips houses right we've seen that there's just two different types of investing neither one is better than the other the flipper is just trying to make it their money quicker so they're fixing it up putting it on the market as soon as possible to get some money quickly the buy and hold um real estate investor is probably going to live in it for a while wait for it to appreciate and then sell it later both of them are investments they're just different types of investments and that's what i'm trying to let you guys know here investing for the long term or investing for the short term are both beneficial but it just depends on your actual goals if you have goals that you need money right now like paying off bills traveling replacing income then active investing it may be a good thing for you and here's an idea neil's like warren's not gonna teach you either true so this is a um a chart from last year so not this year but last year so this is facebook's chart and facebook opened up the year at around 175 dollars by the end of the year or by october of last year it had gone down to 162 and by december of last year it had gone down to like 120. so if you had invested in the beginning of the year and then waited until the end of the year you would have lost throughout the whole year if that's what you invested in but so that's like the long-term investor it's not guaranteed that you will make money if you invest over a longer amount of time but if you were an active investor you see how so the stock started here and i know i haven't taught you guys yet how to read charts but just follow follow my um follow along with me for a second so the stock actually went up in price to about 195 so imagine that you sold it when it got up here to 195 then it went down to about 150 you got back in when it went down low and you rolled it back up to when it got up here to 220 you could have made several times in this year you could have made really good money just from 150 all the way back up to 120 that's 70 dollars per share that's a huge return so instead of just letting it buy and hold and letting it sit all year and having it go down if you had actively traded this and even if these are monthly um candles so even if you weren't trading it every day but but just looking at it every few months you could have made some really good moves and made some money in your account so that's all i'm saying there are really great ways to be an active investor and make some good returns instead of just buying and holding until you're 59 and a half and nothing's wrong 59 and a half i'm just saying that's the retirement age um so let me give you a quick example of some students that have done this well i'm going to push forward from this one this is um another student and just ironically her name is also keisha but one of my other students and she hadn't even been trading very long with me but she sent me this text message and she was like oh my god terry you're not gonna believe it if you look down here towards the middle so the cme trade was a day profit of 12.50 so she made she made our thousand we have like a little club of a thousand dollars a day club so she made the club she did this train made over twelve hundred dollars in one day and you can see i guess she got her picture for proof um so she's made the thousand dollar a day club and what she what i loved here was she said also just the fact that you've taught me not to hold on to trades i've sold almost all of my long-term holds which has been such a blessing with the tariff mess appreciate you so much and if you guys remember right after the new round of terror tariffs were announced the stock market dropped like 950 points so keisha was able to get out of some of those longer-term positions while she was and while they were up while she had gains then once the tariff mess fell she was able to get back into the stocks when they came down so she's made 1250 in a day but not only that she also saved herself from losing because she was able to get out of some trades so that's what you can do by being a more active trader just knowing this skill set will help you protect your your portfolio and just manage it better and then this was also kind of cool so so she sent me this one text and she had at that time her base day was 12.50 but then look at this one she sent me another one and this is a different day she i never really realized so this is 10 22 this is 10 23 so um i guess it's my phone i was going to say she texted me about the same time every day maybe that's like her break at work i'm sorry i digress um but this is so this is what she said then she's like good morning terry today is my birthday and i had to share the absolute best birthday gift to myself was purchasing your class today i made 1900 with amazon and she does go in to say like you know i'm not gonna say that you always win but man like this was the best day and the best gift so you guys i know i zoomed in quick on there so she's like good morning terry absolute best birthday gift to myself was purchasing your class today i made nineteen hundred dollars in the amazon ah that's so good like this even makes me excited because i just know all the students that i'm impacting like this is cool like this is this is why we do this so does this make sense trading in and out of a position could help you make consistent income which can lead to better returns than buy and hold and it's not doesn't have to but sometimes it can lead to better returns so please put money in the chat one more time if this makes sense yes money yes wonderful wonderful everybody says money wonderful good well i'm so glad that this made sense that was the four secrets that i wanted to share with you guys so let me quickly do a um final check and then we can open it up for questions so did you learn so today i taught you the four secrets to how to make a thousand dollars a day without spending hours in front of the computer um and these are the four secrets we covered so we covered opening a margin account to make more money we talked about secret number two was calculate your risk to reward to protect your account secret number three was read charts to save you time and make larger returns and then secret number four was i want you to trade in and out of the stock to make more frequent returns that's how you can pay your bills and travel the world doing that so here are your options once you hit have once you know those secrets you have two options so one option is you could do that all by yourself and you could take all those secrets i gave you and try to make them work for yourself so what if you set up your trading plan so that you could pick good companies set up stop losses recharge run short sales remember that's when you make money if the stock market goes down and make money in any market like you can do that and once again like your goal is 200 a day and everybody's goal will be a little different so it could be 100 a day for you or even 100 a week i have some students that are like terry i'm going to start with 2 000 in my account so my goal is 20 a day i if i could make an extra 100 a week i would be super excited so your goal can be different but the question is do you want to do this all by yourself or do you want some help and let me know if anybody in here is like terry i really want to do this but i need some help now i can put it in the chat box do you want to know how to get my help alana's like help someone help me help yes yes of course i want help yes help me please okay cool your help is needed wonderful okay cool well good um i'm back because i was like well if they don't want my help okay good then we're done with we'll be done um so let me just tell you because just like my first class many people do need help and like here let me um if y'all could see right here in the red shirt with a cross on it this is joanna she also is uh one of my first students but guess what she paid 45 000 to go to one of my competitors because most of the time when i'm um when you go to an investing course they usually charge you like twenty thousand dollars per class so she paid forty five thousand dollars to learn how to trade from one of my competitors and she never learned how to trade and no i'm not gonna charge you forty five thousand dollars not even close to that but the point is they never taught her how to trade um but then she came to me and then you can check out this text message she sent me and she had made twenty seven thousand or twenty seven hundred dollars in a day trading with what i taught her so yes if you need help i will give you my help because i just don't think it's right when people pay a ton of money to competitor to my competitors and they don't learn how to trade that's just not okay like it's just not okay um and one of the things that my students often tell me is that i'm a good teacher so um this one right here i zoomed in on terry's an incredible instructor and i'll keep going i want to get to your questions but that was rey uche another thing terry is a natural-born teacher her ability to simplify the complexities of the stock market is so very much appreciated so like yeah one of the reasons why people come to me is because i'm a teacher um which makes sense i was in education for 10 years and often i wasn't in the classroom but you can't be around education and not know how to teach um and remember you don't have to start with a lot of money this is carlene again from before she's not starting with a large account but she's learning how to trade so let me i'm going to tell you more about my course but let me real quick in the chat box i'm going to put the link to my course so you guys have it it's investmentary.com that's the place to purchase and then you guys can actually use promo code for tonight i'm giving this promo code use promo code life skills when you check out and it'll give you an extra 10 off and if you purchase today so i have a um some bonuses that are going away today tonight at midnight so if you purchase tonight you also get a live call call with me so we can talk through your situation i can help you with coaching and usually the only people that get live coaching calls are the vips and then you also get a copy of my watch list so ah toy says annette gave you great reviews ah she said i'd be crazy not to invest oh that's so sweet that's so sweet oh well okay let's keep going so y'all can go to that investitary.com as i'm talking and as you learn more but so the thing that i cover in my class is my seven step strategy to invest and i've been trading for nine years and the first few first part of that nine years i was just trying to figure out my own algorithm and nothing seemed to work like i kept losing on stocks picking their own companies getting in at the wrong time it wasn't until i took some classes where i put those classes with what i had experienced as a trader and came up with my own strategy and that strategy is what's helped me get to get to my thousand dollars a day so that's what i teach my students now my seven step investment terry method and come on class there we go this is for everybody so we do start some people are like terry i'm a novice is it gonna be um easy for me yes we start from the beginning so the novices you're good we start in the very first class with intro to the stock market but then i have some more advanced traders and they're like terry i just need to learn how to not lose money our second class is risk management and as we talked about how do you protect your portfolio and not lose money and then i have some people too that are like well terry i feel like i kind of got that down but i don't know when is the right time to get in and out of a trade that's when we go into reading charts and that's the third class in the the system reading charts how do you know when to get in and out but anybody can take this class because we start from novice and we work our way up to more advanced and the course includes three different pieces so it starts with the online curriculum and that's what you get immediate access to as soon as you enroll and i do videos kind of similar to this i have powerpoint presentations and videos and i'm instructing you on how to um how to trade and each different part then we go into group coaching calls so starting next week next monday i'll start doing group coaching calls to walk students through um parts of the curriculum that they don't understand and to answer any questions and then we have this awesome community our facebook group is amazing so you have students now that have been with me for a year or more so like a net that was just in um if i signed up on september 19th okay john we'll talk to you but no this promo code is special for this week and it actually goes away this week so sorry on that it's really special promo code just for this week um but as an um as in the comments with annette annette's been with me for like a year and a half so she's able to go into the group and all my other students too that are older students they can come into the facebook group and give comments to all the new students and answer questions so it's just this really great community today i put on there a post about hey what are you looking at for earnings season so everybody's putting in there they're different companies and where what the earnings date is so it's just a nice it's nice to have multiple sets of eyes looking at things and then once again talking about what's in the course so each one of these things we cover today has a full-blown class with several modules and homework that you'll be going through um online how to read charts and then advanced strategies and then i go into vip section so many of my students when i first started last year wanted to keep learning they didn't want to stop so i created a whole vip section for them and that's when we talk about how to make money when the stock market goes down we do some more advanced things like gaps and globex trading and then we do options so i actually teach stocks and options in my course i do not teach forex or futures just if anyone has that question i do stocks and options but the charting techniques that i teach you can use that in futures and forex so these are all the things that you get in the class you get the open portfolio picking good companies placing the trade mistakes that cost you money solutions to protect your account reading charts shorting gap trading external hours trading which is globex um exponential moving averages and option trading all of that is included in the course and this is some of my vips they are making the the thousand dollars a day mark like they are making the thousand dollars a day club this is the query she made hers and actually i have a whole video of the crew just last month she told me she had made three thousand dollars in a day and her biggest question for me was terry like is this real like have you ever wondered like or felt like you were making too much money and i was like look corey that is a good first world problem to have to wonder if you're making too much money and someone says does the promo apply for the payment plan no the promo is only for the pay and full options do you do supply and demand trading like ota yes so ota is one of my competitors but i do like their strategy so um yes mine is actually very similar to them um it's a little different of course because i'm talking about like my trading plan but like our our ways of thinking are very similar um yes and then that's gerald he also made the thousand dollar a day club all right in the community this is a facebook group i was telling you guys about let me go back because i don't want to like waste our time like these are all the comments that that are in our facebook group so this one was um right here derek was telling us us about one of his wins and how he had made some money and he was so excited uh gabriel was talking about one of his wins and how he had made 2 500 and he was shocked then carlene was asking the group excuse me what they were looking at like what are they trading and this this actually gives us really great ideas because there's often times somebody's looking at a chart and we all trade the same because i've taught everyone how to trade so when someone's looking at a chart in my group we know that they're looking at the same um supply and demand somebody said that's a note in my head um zones though we're looking at the same thing which is an asset because there's a lot of trading groups where people are trading differently and so it's just confusing because everyone's trading in different ways and you just don't know what they're talking about but not in this group this group everyone's really supportive um because they're all trading the same way and then i told you guys about the group coaching calls that will start next week and they'll go for seven weeks so we'll do um once a week the trading travel group which is the first part of that those classes i was telling you about we have calls on monday the vip students we do smaller group calls and we have calls on tuesday and so this is one of my my vip students so one of the things that she says and i personally coach her too because she's a vip one of the things she's told me is terri i i appreciate you because you really helped me to let me eliminate the woulda coulda should haves and that was something that as a trader you've got to get out of that mindset but you also have to put in a risk management plan and she before she had actually made three hundred thousand dollars in trading but then she lost a significant amount of that money and she did because she didn't have a trading plan which i provided and she didn't have a risk management plan which i provided so she will she will tell you anytime like thank you terry like even here no woulda could have shoulda was trying to stay out of the mindset and fomo that's some things that i taught her um and this was a cool one it's a small amount but she was trading in her retirement account which if somebody is wondering well how do i get the money to trade you can always move your old 401ks or your old retirement into a self-directed ira and then practice in your with your retirement funds that's what i did when i was first learning i had left a couple jobs in the past and so i moved that money over to self-directed ira and then i would trade with that money let it grow but she did this one and her um profit was it's it's a small amount on here but the profit was 273 return so she always wants me to share that because she's like terry i had a trade that was 300 percent of return so anyway let's quickly talk about the price um if you were to go to university the university i would charge you eighty thousand dollars because mostly most of the time you have to do an mba and guys feel free to put your questions in i will answer them right after we finish this so most of the time you have to get an mba and that costs you eighty thousand dollars or more thinking about housing and trips and food or you could go to a trade school so um like one of my competitors they charge about twenty thousand dollars per class the one that i went to charge twenty thousand dollars per class the one that joanna went to charge forty five thousand dollars for all the things that she was trying to learn with investing um so you could go to school like that my class has actually been i had some consultants look at my class they say that it's actually valued at twenty thousand dollars between the coaching calls the curriculum and i have now hours of curriculum because every time i see something i'll kind of add in some tweaks and the quality of everything it's twenty thousand dollars in value but i'm actually giving away everything so all seven of those classes and the group coaching call and all of the bonuses for five thousand dollars today let me move this out the way so y'all can see it and then somebody is like oh my god terry five thousand dollars by the way is super great again i paid twenty thousand dollars per class so for everything i'm teaching you this actually is an amazing price but somebody may say and let me quickly show you again what's covered in that 5000 so you get how to open your brokerage account picking good companies placing a trade protecting your portfolio pricing the trade pushing forward large group coaching call short selling gap trading moving averages options trading and personal coaching for five thousand dollars that's a lot that you get and you do get lifetime access i saw someone ask like do you get lifetime access yes you give lifetime access to the course and to the um into the calls and if you don't quite have the whole 5000 yet you can start with the first first part the first four classes for just uh one 1997. so that may be helpful for you right now if you're like terry i really want to get started but i don't have five thousand dollars that's okay start at the 1997 level and then you can always upgrade later to the 5000 and just pay the difference and somebody was wondering yes howard i am the coach for the vips i am um how personal is the coaching well on tuesdays we thank you kristen good question on tuesdays we've been having small group coaching calls and there's usually about 10 to max like 20 people on those calls and then i talk to them about what they're trading we cover a little bit of curriculum and those are once a week all of those students in the vip program can also do office hours with me and i do office hours on wednesday what i find is usually those calls are so intimate they get all their questions answered on tuesday so they don't need the wednesday calls but they are available so you'll get a link to my calendly and then you'll be able to schedule one-on-one time and we do it through zoom kind of like this yeah um and then oh here let me keep going and then i'll get back to the question so feel free to keep putting your questions in there um but that's what you're getting and then there are some other bonuses with this so hashtag team no excuses um for those who say you don't have enough money to start tradestation is actually refunding a hundred percent of the cost of my class for my students so when you're paying usually and this is a little different now so we just had all these announcements about e-trade and different brokers going to zero commissions but usually you have to pay a commission for each trade tradestation actually is refunding 20 of those commissions back into your account until you pay for the cost of my class so you literally have nothing to lose because as you're trading they will give you the money back also they've put us on this lower commission plan so they put us on a plan where we were only paying one cent per share and then that plan though usually costs a hundred dollars a month like it usually has a fee and you guys should check this out because i know that you know it's all the rage right now the zero commission plans but check to see are you paying zero commission to trade but then having an overhead fee like oh it's a hundred dollars a month but then all your all your trades are free because what tradestation did for us is usually the plan for one cent per share is a hundred dollars a month and they waive that hundred dollars a month fee so just by being in my class you save a hundred dollars a month which is twelve hundred dollars a year that's almost the cost of the class right so you're saving on fees you're paying less in commission and then if you do pay anything they're refunding that until you pay off the cost of my class so tradestation is a wonderful partner of my school and that is a huge value that you get as a part of the trade and travel family another thing that's really cool about partnering with tradestation and i like them for several reasons i like that they have really strong entry time like you can get in and out of your trade super quick i noticed with merrill lynch and some of the other brokers there's a little lag time so you don't ever get in at the right time the tradestation is super fast they also let you do two exits so um with and i'm i'm not speaking bad on any broker i think all the brokers are great but when i um traded with e-trade they'd only let you have one exit at a time so if you needed to protect yourself on the downside you had to put in your stop or if you wanted to get out at a certain target you could put in your exit but you couldn't put in both which is called a bracket order with tradestation they let you put in both um and then one of the cool things and bonuses about the program is when you fund your account with 500 they actually let you trade in their simulated account with fake money to practice so all of my students when many of them you guys may have this question too like how much do you need to start i would start with 500 fund the account with 500 and then while you're learning practice in the simulated account with fake money until you see some consistent returns once you see some consistent returns and you know how good of a trader you are then you can decide how much real money you'll put in your account and i try to tell people that your goal should be one percent of your cash amount like that's your daily goal and you can kind of blow that out to a weekly goal but that's how you can start figuring out how much you'll actually need as a trader i know i'm giving you ways way more info than you wanted but um you know i have i have lots to teach um so then the last fear is oh i don't have any time right and we talked about that you don't have time to do research so you don't know what companies to pick well if you get the course by midnight you're actually getting my watch list um so this is a this is a bonus that's included with the course so you're getting all of that which is actually a 26 000 value and then we've also added in this conversation the session with me tonight so you also get that session with me which is another value and on here i say that the value is only 250 but really guys my time is getting so much more precious like this really should be like a thousand dollar value um like literally but in this session we'll set up a one-on-one it'll be a zoom call and we can talk through whatever you want to talk about whether that's um the course or something else i suggest like as you're buying the course right now i would suggest saving your one-on-one like save it until you've gone through the course a bit and then once you've learned some things and you come to a place where you feel a little confused or you just want some help or extra advice then use your 101 but either way if you buy the course by tonight you get the one-on-one after midnight tonight and we'll probably do midnight um pacific standard time but after midnight tonight then i'm not giving out that session anymore unless you're a vip because the vips will get a link so all of that value is 27 247 dollars in value and you're getting all of that for just five thousand dollars and don't forget the life skills promo so you're getting ten percent off of this today if you go to investment terri.com at the bottom it has a a link to the vip click the vip enroll and put in life skills as the promo code it'll take 500 off of this so you'll get it for 4 500 and actually even easier if you go to investorsavvy.org i think i already programmed the 10 off bonus in there so go to investorsavvy.org and it'll give you this 5 000 vip course for 4 500. so you're getting you're getting really good value and if you uh can't afford that you can start with the trading travel program which is 1997 and then upgrade later for an extra 3000 to the vip yeah so that's everything that's really cool told you guys about the investorsavvy.org yep that's what the enrollment's going to look like and that 10 off it's going to be on the paid in full so if you do the payment plan you end up spending a little bit more for this so i encourage you if you can um to do the paying full option get that 10 off and this is anyway cheaper than the payment um but either way it goes get in where you can you know all righty all right so that's everything as soon as you enroll you get immediate access to the course they're all online we start our group coaching calls um soon so get into that like you'll get an email about those as well i told you guys about all of this with a 10 off fast action plan all right yes so let's look at the questions and see what questions you have stop sharing alright so questions feel free to put more questions in here um so how do i get your watch list john once you enroll in the class it's in the picking good companies um module um tom john says yep if you signed up last month you do um you'll also see an email john sorry you'll also see an email coming out soon john with that training with that watch list as well uh crystal says what is shorting so shorting is making money as the stock market goes down so if you can just imagine like say you had an iphone where's my phone um okay i don't see my phone to like really do the example but say you had an iphone and you sold it to someone for a thousand dollars so you sold it for a thousand dollars and then you found it on ebay again for six hundred dollars so you bought it back for 600 so you sold it you had gotten a thousand dollars of cash and then you went and bought it back lower for 600 so now you have your iphone back and you have 400 dollars of extra cash right because you had sold it for a thousand bought it back at 600 you keep the difference that's what shorting is you're gonna sell the stock pretty expensive at a higher price then you're gonna buy it back lower and you get to keep the difference so that's shorting um other questions so for margin if i plan to [Music] okay hold on one second so for margin if i plan to start with 2000 i can really trade with 8 000 yes so the minimum amount in tradestation to use their margin which is four times the cash amount is two thousand dollars your daily buying power will be eight thousand there are some rules around that so because it's a it's a it's meant for day traders it's meant to give you a little bit more liquidity so you can get in and out of trades faster you're gonna have eight thousand dollars worth of buying power but you'll need to sell those positions quickly so within a day or two days you'll need to exit out of the position but yes you have access to the full amount as you're buying power with a margin account and like i said guys in my in my class we'll talk more about how to manage your risk and how to work with that margin um and yes if you signed up before it does come with my watch list right now at the end of the picking good companies module i go through each one of the stocks in my watch list and then also we just added because we're always updating and adding to the course we just added an attachment with my watchlist um how are the cash out fees with tradestation um are there any minimums so no there aren't any minimums nia but to open the first account you have to open it with five hundred dollars so that is you do have to fund the account with five hundred dollars to get started especially to uh to use like the simulated account and things yeah um all right terry if i do tnt trade and travel and upgrade later do i still get the four coaching calls so no um okay so let me rephrase that if you start with trade and travel you get the group coaching calls when you upgrade yes you'll get access to um personal coaching calls but you don't get it until you're actually in the vip program so you'll need to actually upgrade and then you can get access to calls are there any bonuses with the 2000 class yes brianne that watch list and this one if you get it tonight the one coaching call with me is included tonight and then i think this is kristen said would i be able to follow your course with a different brokerage account or must it be tradestation to really follow kristen actually yes you could use a different brokerage account um i don't specify that you have to use mine um but i just know that tradestation has done quite a bit with lowering our fees and um like return like paying for my course for my students so it's a good it's a good one to choose from but you don't have to use mine um how long okay okay so kalina says that's awesome how long is the hundred dollars a month waived one year or a lifetime it's weighed for a lifetime and then how do you factor in commission fees and capital gains taxes i get the question about taxes often but when you're a short-term trader your tax your income is actually tax like regular income so the gains that you make from trading are taxed like regular income you would add it to your w-2 income or it'd be the same as getting a bonus at work or a raise at work they just tax it like regular income so you're not paying some extra high percentage or something like that it's just taxed at the same rate as your regular income i think why people think that it's different is because if you had a long-term investment investment like over 20 or over a year over 12 months then the maximum tax rate the maximum tax rate is 15 so yes that's a pretty good tax rate but if you don't have a very high income you would have been at that income level anyway so it's really whatever your income level will dictate your tax rate on short-term gains but it's not something extra um okay so the trade and travel course is 2 000 to start then i can pay 3 000 later for the vip program just to clarify yes that's correct once you're in the class then i send the upgrade link if you want to upgrade later to the vip but there's no additional cost outside of that my whole course is is five thousand dollars and then you can just get started sooner with 2 000 if you want to start the first four classes but there's no additional upgrades outside of that um okay someone asked should we post questions here in the q a box i i'm looking at the chat box so if someone is waiting for me to answer the q a you can go ahead and put it here in the chat box and then someone said can you make close to 1 000 a day off the first four classes or do you need all seven um grayling i would encourage you to get all seven because and well and here's why because i teach you how to short and how to make money as the stock market is going down in the vip class and so what happens with the first four classes we're focusing on how do you make money when the market goes up how do you know when to buy and then when to sell when it's higher but there's some days where the market's not going up it's going down so you need to know how to make money when the market goes down from those vip classes so i honestly think if you're really wanting to become a professional trader definitely do all seven classes so that you can make money when the market goes up and down but can you still make money from the first four classes for sure a lot of my students are making good money on just the first four classes okay how personal is the coaching so if you do the vip program i send out my calendar and we do zoom call so it'll feel kind of like this one-on-one but you'll have just you and me so that's personal um but like i said i do do small group coaching with the vips on tuesday and a lot of them feel like that small group coaching is even better because somebody might have a question that they didn't think about somebody might be trading something that you know they're wondering about so the bigger classes the group coaching can have like 100 people on the call but the small group is like 10 to 20 so you get real personal um feedback in addition to if you've signed up for like a one-on-one class okay good question so tanisha said what if you already have some trading experience is this the right class for me yes tanisha especially if you're not using charts yet if you're using charts then you know if your strategy is working go for it but if not then i think this is a really good class especially because it can teach you how to read charts and everyone who is trading should learn how to read charts um the reason why is because it will tell you the right time to get into a trade and out of a trade even if it's the right company if you pick if you trade it at the wrong time you can lose money so you need to know how to time the the trade with charts um i think i have time access i'm kind of going up let me come down to the new messages okay so jay says do you prefer shorting versus puts j for me so um what he's asking guys is do i prefer um making money as stocks go down or do i prefer making money as options go down and jay for me i do both for me it depends on the time frame if i feel like it's going to move really fast then i might do a put but if i feel like i don't know how long it's going to take then i may uh do a short on the stock because stocks don't have to worry about the time frame versus options do yes tanisha i teach how to read charts in the trading travel class you learn my whole seven steps in the trading travel class but you become an expert on how to make money as mark as the market goes down and you learn how to use that strategy on options in the vfp so toy says is this like forex um trading stocks and options is just another asset class so if you know how to use charts to trade forex then it may be similar um but what i teach with my seven step strategy you could use on forex but i'll be teaching stocks and options um let me just see that i'm missing that's great information thank you the tax stuff had me concerned yeah so it's really not it's not bad at all a matter of fact when i first quit my job and started trading full-time i still got money back because um because you don't have i didn't have as high of an income anymore and so my income was just based on my trading returns and your active trading is just tax like regular income so so no it's not something to really worry about um i personally don't think but like i said disclaimer i'm not your financial planner or giving you any personal advice you'd have to talk to your own accountant if you do the payment plan will i be able to start with the new class yes neil if you do the payment plan you can start right away so you can join in with us and we're starting uh new coaching calls next week so yeah complete novice so please forgive me if silly is this real money money i can access immediately and either deposit or cash out when i sell yes uh kalina great question that's not silly yes you're gonna attach your brokerage account to your banking account and it'll be like a direct deposit you know how you can kind of transfer money between accounts so it'll be like that when you make money in your trading account you'll be able to transfer that over to your checking account or savings account and use that money for bills or whatever else you're trying to use it for i'm just going down to make sure i've answered all the questions and i do see the time so i will let you guys uh go soon because i know that it's getting pretty late how are options and stocks different gate great question kendra so stocks are a derivative of options which is going to sound like what what a shop okay so a stock has to deal with a company so let's just talk about like apple stock um apple stock is a certain share of the apple company so it's a um yeah it's just a p a piece you could say it's like a piece of the company when you're trading options what they do with options is they bundle a hundred shares of the company so a hundred shares of apple stock and you're actually just borrowing it you borrow it and you pay a fee to borrow the stocks you trade with them and then you give them back if you've made some money you get to keep the money if you didn't make money then you actually just have to give up that premium that you paid to borrow the stocks so it's a bit more difficult to understand trading options um than the stock but it's just a another way of trading the companies without having to put as much money up front so that's what options are uh christian says what oh i guess i did i just did come out of the nickel i'm out of nowhere with the options but yes options is just another asset class there's forex which is currencies there's futures which is commodities like oil corn soybeans that's futures market then there's the stocks stock market and stocks is companies and then options is just another way of trading stocks but it's just a little different so we say a derivative of of uh stocks what time are the weekly coaching calls they're going to be at 7 00 p.m central time on mondays and the vip calls at 7 pm uh central time on tuesdays but if you guys are just getting started i want you to focus first on the first four classes so all of you guys would focus first on the trade and travel and then once you finish the trade and travel then you start going into the tuesday calls with the vips and one heads up you guys are like the last uh cohort that will get live calls with trade and travel starting next year i'm planning to do live calls with just the vips so definitely get in now if you feel like you need live group coaching calls because you'll be able to do that still with trade and travel this year um all right thank you thank you oh wonderful john wonderful nice catalina's like thank you wonderful toy says is it i'll ask i'll answer a few more that i can and then i'll i'll jump off for you guys um and thank you guys for coming on the call let me just say now um thank you so much for joining me i hope that you learned something tonight i'm gonna stay and keep answering questions but feel free to drop off um have a good night and do know that the bonuses of a live call with me and the watch list uh will end tonight so and and i will say the watch list is available in the curriculum but that live group coaching call that has a deadline on it so that will end tonight so get in now if you feel like you want to have some time with me and you're not able to buy the full vip plan just yet so look forward to seeing you guys in the class and then i'll i'll stay here for a little while longer to answer a few more questions go to invest with terry.com and the um promo code is life skills to get that extra 10 off um do you manage okay so toy says is it cash only when trading um i'm not quite sure what you mean by that but yes you do have to put uh cash into your account and then you'll be trading with that money so i'm not quite sure what other way there would be um like i'm guessing maybe you're saying could you use credit or credit card i've heard some people try to take a um like a balance transfer and then trade with that money but i'd rather you just trade with your simulated fake money first versus having to pay interest on a balance transfer and then practice with that don't practice with a balance transfer learn to get good first and then you can start start practicing with your real money do you manage accounts and do trading for clients as a service um no i don't i i considered that for a little while but um no i'd rather trade my own accounts and then teach others how to trade their own money that has been something that brings me more joy um and i travel so much i don't want anything to be a burden like terry's in south africa for a month what's happening to my money i just don't want to get all those phone calls so no i i trade my own money and then teach everyone else how to trade how does the travel part fit into the course so green i don't teach traveling but my whole thing like the whole reason why i trade is to travel so my students will tell you that i have literally called them and talked to them from everywhere in the world like one time i called them from fiji and was like hey um so the goal is though that whatever money you make you can use that money to fund your dreams so it doesn't necessarily have to be traveling it could be time with your grandchildren it could be time with family paying off student loans paying off other debt buying a home um whatever goal you have you can use your money to make money and pay for that goal so that's truly what it is so the travel part for me was my goal and what i use the money for um what time is trading done is it on the weekend as well so keisha um with stocks and options they actually are only during the weekdays and they they close at three four so four o'clock eastern time three o'clock central time um if you were trading a different asset class like futures then they trade over the weekend how long will coaching calls last yearly so they actually um i do them in spurts like each quarter i have a cohort so this quarter we're doing seven calls they'll be every monday until the last week of november and then we'll take a break for december um and then we'll come back in january and the vips at that point will still have like seven to eight coaching calls so we'll do once a quarter um and then i'll usually go for a little while at a time all right well thank you guys so much oh wonderful nice to nice to have you in the class howard he said i just signed up for your vip i'm looking forward to working with you that's wonderful thank you um can we create an entity to trade stocks sharing so great question but i would say start as an individual because when you create an llc and trade under an llc you get charged a lot more they charge you a lot more fees to trade as a company so i would actually trade as yourself first and then if you later decide that you need an llc you can oh thank you donna he said thanks for this webinar that's what i was saying okay thanks is the practicing in a simulator called paper trading or is that different yes kristen that's the same paper trading is practicing in a simulator where in the world is terry san diego yes hallie so true um did you say group coaching calls would not be offered for the trade and travel class next year yes kendra so kendra um what i've been thinking about and i haven't made this official but what i've been thinking about is we now have over 48 hours of group coaching call recordings in the course because every time i do group coaching calls i record them so now i have all of the eight calls from the winter eight calls from the spring eight calls from the um summer cohort and now we're gonna have seven more calls that is and each one of them is like an hour to an hour and a half that's 48 hours of curriculum that's been added to the course so the trade and travel class they not only have the online curriculum they have all of those additional they're basically like additional classes um and so they can i think now they have enough content where they can watch the recordings and be able to just self-pace themselves through the class and then if someone wants live calls then they can do the vip program and i can give them better service you know more one-on-one and talk to them so yes so if you want to get in on the live coaching calls for trade and travel and you should definitely get in on this cohort because next cohort um because next year the trading travel will all be recorded calls which is still good like y'all it's over what's that over 16 calls um and people are already like we want to try you know i don't want to put too much in the course where people can't finish so that's kind of what i've been thinking through like all right thank you guys so much cynthia says thank you great webinar see you in class next week wonderful thank you guys i will see you guys soon thank you a ton so much value is this the last cohort for the year yes denisha this is the last cohort for the year and then we'll start again um next year so it's a four week course toy it's a four the first part is four classes but i actually think you should take two weeks per class that way you have time to learn the curriculum and practice so i would tell i would um i would calendar for eight weeks so you'll learn how to trade in less than 60 days that's how i would would set it up for yourself thank you this was great okay cool i'm signing up wonderful welcome welcome thank you terry you're so welcome guys so all right i will let you guys go have a wonderful night and it's been it's been really fun i hope you guys uh enjoyed it alright i'll talk to you later and don't forget bonuses in tonight invest with terry.com and use promo code life skills bye guys

Channel: Trade And Travel

Views: 589,262

Rating: 4.8822989 out of 5

Keywords: stock market, how to read charts, recession, forex, options, novice, how to invest, intro to stock market, stocks, milliondollarsaday, #generationalwealth, #million, #1000inadayclub, #options, #stocks, #invest, #tradeandtravel, #wealth, #womensupportingwomen, #investing, #sidehustle, #financialliteracymatters, investwithteri, stockmarket, thehubchallenge, resilant mission, shorting, skillset, #earnyourleaisure, #iandunlap, #trading, 401k, extramoney, education, mindset, 1000inaday, activeinvesting, stock_event, robinhood

Id: fukcNavdWTw

Length: 108min 4sec (6484 seconds)

Published: Tue Oct 08 2019