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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.
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Full transcript