Intro to Trading Bootcamp: Setting Expectations and Taking Action

Jul 5, 2024

Intro to Trading Bootcamp: Setting Expectations and Taking Action

Introduction

  • Welcome to Puerto Rico: Just arrived, not in the official setup yet.
  • Trading Arena: New trading area set up perfectly for multiple screens and a desk.

Purpose of the Video

  • Two-Way Agreement: Both sides benefit—audience learns trading, creator gains compliance from the audience.
  • Commitment: Audience must fully commit to instructions, homework, and watching every single lesson video.

Expectations

  • Daily Videos: New videos every single day—no skipping lessons.
  • Action: Importance of taking action, not just passive learning.
  • Compliance: Need audience to follow through with all tasks and homework.

Creator's Motivation

  • Effort: Significant personal sacrifices to create content (mention of needing to handle personal matters in Puerto Rico).
  • Dedication: Even if busy or tired, pushing through to provide educational content.

Core Principles

  • Taking Action: Main lesson from the video—being proactive is crucial.
  • Realistic Expectations: No immediate get-rich-quick scheme, but profitable trading possible in 1-2 years.
  • Market Reality: Emphasis on hard truths about trading, downplaying unrealistic online promises.

Creator's Personal Story

  • Background: Initially wanted fast riches, quickly realized reality was different.
  • Journey: Went through multiple scams, saw minimal profits initially.
  • Decided to Learn Independently: Removed indicators and started learning directly from market experience.
  • Main Growth: Came from independent market study and experience.

Realism and Transparency

  • Forget Everything: Audience should start with a blank slate and avoid preconceived notions or confusion from other sources.
  • Acknowledgment of Struggles: Creator admits to being wrong and misjudging strategies.

Mental and Emotional Aspects

  • Self-Improvement: Importance of self-awareness, admitting mistakes, and perseverance.
  • Encouragement: Motivates viewers to push through challenges, referencing creator's own struggles and growth.
  • Competitive Spirit: Importance of having a mindset to prove oneself and competitors wrong.

Practical Steps and Homework

  • Consistency: Must watch every video and complete all homework to progress step by step.
  • Journaling: Vital for tracking progress and comprehending lessons.
  • Market Experience: Emphasis on gaining direct market experience over theoretical knowledge.

Final Message

  • Serious Commitment Required: Creator will only continue if audience takes it seriously.
  • Transformation Goal: Aims to turn viewers into profitable traders and respectable human beings—emphasizes personal growth over just financial success.