An informational interview with one of my Tier 3 student. (Dux Interview Series) — Transcript

Full transcript

1. 0:01so what do you think about our services
2. 0:06so what's a student that's here I'm here
3. 0:14with all my students from tears a
4. 0:16program and he's being our program for
5. 0:18three months and this is Tom hi guys my
6. 0:23name is Tom local restaurant owner here
7. 0:27and I've been in the restaurant business
8. 0:30for about 11 years and I just recently
9. 0:33started trading penny stocks so I want
10. 0:38you to choose any stats well being in my
11. 0:42business it's tough you know there's a
12. 0:48lot of you know stress it's a lot of
13. 0:51stress because human resource you know
14. 0:56people not showing up for work and food
15. 1:00cost is going up and it's it's tough to
16. 1:03be in this I wish you had to be there
17. 1:06all the time
18. 1:07yes that's full time yeah that'll be
19. 1:10there full time so I want to find
20. 1:12something that can make trading I think
21. 1:22for most of the jobs especially like
22. 1:24restaurant as the owner you have to deal
23. 1:27with a lot of stuff and you always have
24. 1:30to think you cannot focus on one thing
25. 1:32so you're always running and working and
26. 1:35I think restaurant and some resolve is a
27. 1:39summer job
28. 1:40eleven yeah our minds open like 11 Ian's
29. 1:44like 10 good so extended so that's about
30. 1:4710 hours everyday
31. 1:48plus the weekend so in trading sometimes
32. 1:52you don't need to look in the market for
33. 1:56the entire day sometimes you only need
34. 1:57to sit in front computer for maybe two
35. 1:59hours then you're off that they can do
36. 2:01think do you want I think that's one of
37. 2:04the benefits from trading in the market
38. 2:08so what do you think about our services
39. 2:10um I like it I like that chattering it's
40. 2:14a lot of fun you know I like that daily
41. 2:17ducks I think before a o'clock every day
42. 2:22were sometime around there a p.m. you
43. 2:27guys post a watch list every day it's
44. 2:32really helpful it helps me recap what
45. 2:37happened that day in what you look for
46. 2:39yeah
47. 2:41so typically in our daily ducks we lay
48. 2:44out our plans to trade before the trade
49. 2:48happens we also do watches today before
50. 2:51and sometimes a place happens in the
51. 2:55morning so we'll have to be in the chat
52. 2:57room and giving real-time thought
53. 3:00process because both up to play comes
54. 3:04from yesterday only a small amount of
55. 3:06new place comes in the morning do you
56. 3:08have any suggestions for our camera I
57. 3:11like to see that traveling with new
58. 3:14features maybe like a bulletin board
59. 3:18because uh I see a lot of new members
60. 3:21coming in and they all ask the same
61. 3:23question like which broker to you you
62. 3:26know like when I mean say something
63. 3:32sometimes it gets bumped up so much and
64. 3:35we can't see it we have to school up so
65. 3:37something in the nature where you know
66. 3:39there's you can only show like
67. 3:42Chad's Nikolas that's that's all I pay
68. 3:46attention to mm-hmm
69. 3:47sometimes the member chat is fun too but
70. 3:50I would like you know stick to more of
71. 3:54that I mean alerts yeah because I think
72. 3:59he needs to be more focused sometimes
73. 4:02they get off the start set talk about
74. 4:04something else so I'll probably add a
75. 4:06bulletin board on the left or on the
76. 4:09right and basically shows and messages
77. 4:12and also shows the basic questions that
78. 4:16what broke I use what's the instruction
79. 4:19how to use our database our monthly
80. 4:22report all that good stuff so what do
81. 4:26you think about our webinars oh I like
82. 4:29the webinars so usually like the
83. 4:34webinars I make I make like sometimes
84. 4:38twenty to thirty percent on webinars
85. 4:40just because I see you live trade and
86. 4:44then I know what you're doing and then I
87. 4:47follow it and usually when there's a
88. 4:50good pattern and when you get in stock I
89. 4:54will get in you know in big position too
90. 4:58and it's very profitable sometimes you
91. 5:03go in with a rep pattern because people
92. 5:06used to know what good pattern it is
93. 5:08what happens to trade but if you don't
94. 5:11know what you're trading when you're
95. 5:12going with somebody else that either
96. 5:15they don't know what they're doing or it
97. 5:17don't have a good enough track record
98. 5:19then it will be very very difficult to
99. 5:22make money because some of people in
100. 5:25this industry they divide with the
101. 5:27subscribers in this cell into the
102. 5:29subscribers so in the end people who
103. 5:33bother make money but subscribers or
104. 5:36people or students of theirs cannot make
105. 5:40a profit from so how much have you made
106. 5:44for the past three month
107. 5:47well my account is really small
108. 5:50I did this to like a test I pull like a
109. 5:556 km and last month I made like 8.5 umm
110. 6:02in next month I think I'm I'm gonna get
111. 6:05in like for like the 50k where are Japan
112. 6:08so that's we you know be more careful in
113. 6:11trees and not you get in on our stock
114. 6:16stock doesn't have pattern so I'll be
115. 6:18more careful when I actually you know
116. 6:20start trading trading yourself testing
117. 6:22the market I think in trading as
118. 6:26especially in the beginning if you make
119. 6:30profits I mean you have to practice for
120. 6:32iovis a couple month and I think that's
121. 6:35good enough and you know what all the
122. 6:38good pattern is once you pull a decent
123. 6:41amount of money into the market now the
124. 6:45safe way I do it or the simple idea is
125. 6:48if you made 100 percent is safe another
126. 6:51fifty thousand found a little in our
127. 6:53investment
128. 6:54you just pull out the fifty thousand
129. 6:57just in case then you can start
130. 6:59generating more because you don't have
131. 7:01that stress if you don't have that
132. 7:03pressure because once you take a decent
133. 7:06loss you don't feel that much because
134. 7:08it's on my project and I think that's a
135. 7:12one of a good way to reduce your stress
136. 7:14from market yeah when when we have our
137. 7:19web nerves and so on Sunday and Thursday
138. 7:23usually that Thursday ones I do really
139. 7:26well because I don't have that stress
140. 7:29because um when I see what you're doing
141. 7:32I feel like I know I'm three and then
142. 7:36I'm like say one day I will make you
143. 7:39know was six thousand dollars I will
144. 7:42make like go maybe the mess per day was
145. 7:45like 2700 mm-hmm you know I can't see
146. 7:50myself with 50k account I can't make at
147. 7:52least 10k a day yeah sometimes yeah 15k
148. 7:57yeah so um it's it seems like the easier
149. 8:00trace the pattern trade that trace out
150. 8:05has a really good pattern mm-hmm
151. 8:07it's really easy it's really easy yeah
152. 8:10and then the harder and then that once
153. 8:15that doesn't really have really good
154. 8:17pattern mm-hmm it's really hard it's the
155. 8:19address
156. 8:20it doesn't wanna you know go the way you
157. 8:23want were it you had to wait a while
158. 8:26yeah I've been there yeah right so yeah
159. 8:30I like easy trace I'm gonna you know try
160. 8:32to stay away from once that doesn't have
161. 8:36pattern get in heavy on the ones that
162. 8:39does you know I think that's the hardest
163. 8:42part about trading is not over trade
164. 8:45yeah that's that's probably the part I'm
165. 8:47still struggling on as well I'm not such
166. 8:50a girl so much I used to do that and
167. 8:53once I started an earning earning in the
168. 8:56process I select out all of the patterns
169. 8:59I don't need to try to stack up the
170. 9:01patterns that need to trade to be able
171. 9:05to make at least generating 70 to 80
172. 9:09percent winning percentage and sometimes
173. 9:12I do makes more mistakes but for now I
174. 9:15think personally I'm doing pretty good
175. 9:18just by focusing on the patterns and how
176. 9:21to you set in the incessant now so I
177. 9:24think people are struggling the market
178. 9:28try to study your winner losses and why
179. 9:33did you lost why did you wear and what
180. 9:36kind of stripes are behind it so choose
181. 9:39all the winning strategies and only
182. 9:41trade those patterns then you can be
183. 9:44sufficient in the market so we have
184. 9:47provided two extra services one is
185. 9:50monthly report one is strategic database
186. 9:54for penny stocks and I don't see any
187. 9:56people are doing it so what do you think
188. 9:58I'll earn your services yeah I like the
189. 10:01monthly reports well just tons of
190. 10:04information I can go back on and we view
191. 10:07it and then you know get more from your
192. 10:10with that patterns and the claps it's
193. 10:15helpful you know the more I see the more
194. 10:19premier like you and I can use it for
195. 10:22later trade and spa you know spot spot
196. 10:27good entries with it no yeah the
197. 10:31percentages is there I mean yeah we see
198. 10:34it you know everybody see it so it's
199. 10:36very helpful yeah I think there's one
200. 10:39factor that helps you get a lot is I
201. 10:42think we attach the market because the
202. 10:46matsuri poorest occur in monthly report
203. 10:48so basically helps you adapting the
204. 10:50previous month and we found out there's
205. 10:53a gap how short that typically pushes 20
206. 10:56to 25 percent in the morning then we use
207. 10:59that to pick our increase then that it's
208. 11:00a very very good
209. 11:02I'll have done it several times and we
210. 11:06basically top take the stock and made
211. 11:10extra ten to twenty percent unusual and
212. 11:13I think that is the way to improve your
213. 11:17trading performance just by tracking all
214. 11:19those data's trying to adapt to the
215. 11:21market and try to you think and other
216. 11:24strategies can improve your previous one
217. 11:29so uh where do you see yourself in
218. 11:32training next two or three years well
219. 11:35I'm hoping I sell that Wescott and you
220. 11:38know just go travel and then go on
221. 11:41vacations and trade only like ninety 11
222. 11:44a.m. on different places you know in the
223. 11:46world yeah that's my ultimate goal I
224. 11:49guess to travel yeah I just travel
225. 11:51around and then get up in the morning
226. 11:52trade and go play that the time I think
227. 11:56the time difference will be very
228. 11:57difficult because there's different time
229. 12:00zones you have to get up very very
230. 12:02sometimes you have to wake up in there
231. 12:03and especially Hawaii yeah I guess I
232. 12:08mean it's you know it's couple hours
233. 12:10maybe four hour yeah it shouldn't be
234. 12:14that longing for you I think when you're
235. 12:16traveling you make better decisions
236. 12:18because you don't want to spend that
237. 12:20much time and you want to make
238. 12:21time as much as sufficient as possible
239. 12:24so you only can really see the good
240. 12:27place because of when I'm traveling I
241. 12:29make much more profit when I'm sitting
242. 12:32at home I'm beginning bored and looking
243. 12:34the computer today and start all over
244. 12:36chatting so um I have a question um I've
245. 12:40been talking with other members um some
246. 12:43of them making like you know anywhere
247. 12:46from 10 K to even 300 K mm-hmm we how do
248. 12:50you feel when your students are making
249. 12:53so much you know like 300 K within like
250. 12:57three months do you know do you feel
251. 12:59very satisfied do you feel like
252. 13:01something you got complex on thing
253. 13:03really good oh yeah I do really feel
254. 13:05satisfied because it really proves that
255. 13:08my strategy works and it has better
256. 13:10performance because that's been so much
257. 13:12work a Q many other strategies and try
258. 13:15to get the best reg out there and to
259. 13:18really help people how to really
260. 13:21properly in front and start correctly
261. 13:22instead of following other people and
262. 13:24not the self sufficient and this will be
263. 13:27a really good long run for people that
264. 13:30wants to stay in this game but for
265. 13:34people that just want to follow our
266. 13:36alerts just want to make money in from
267. 13:39words I think this is it doesn't satisfy
268. 13:43me will you make money but when you can
269. 13:45be self-sufficient and make money on
270. 13:48your own
271. 13:48based on my strategy I can also improve
272. 13:50of my strategies that's where I feel
273. 13:53that I really feel I accomplished
274. 13:55something that's it for today some
275. 13:58people are looking forward for me to do
276. 13:59an interview with my students so here it
277. 14:02is and thank you very much done and
278. 14:05[Music]
279. 14:11[Music]