How To Build A Stonehenge Solid Trading Process W/ 6-Fig Student Harry Corkery 🗿 — Transcript

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1. 0:00what's going on guys jack Kellogg here
2. 0:02at the
3. 0:04Stonehedge just walking there now with
4. 0:07Mr Harry Corker himself hello
5. 0:10he's actually one of
6. 0:13my students for the most part would you
7. 0:16say that's correct yeah yeah so I met
8. 0:19Harry 2020
9. 0:21and he was originally doing a family
10. 0:23business but
11. 0:25wasn't super passionate about it so he
12. 0:27got into trading and fortunately for him
13. 0:30well a little unfortunate as well he
14. 0:33started in 2020 where the market was
15. 0:35super easy so he was telling me on the
16. 0:36ride here he's making like three grand
17. 0:38this first month next month he was
18. 0:41making more money
19. 0:42and
20. 0:43he worked himself up to about a
21. 0:46six-figure gear six figure couple years
22. 0:49between 2020 and 2021
23. 0:53um and then last year in 2022 everyone
24. 0:56knows we suffered the bear Market
25. 0:58so Harry he didn't experience tough
26. 1:02times like that before
27. 1:04so it was a little bit difficult for him
28. 1:06but now in 2023 it's actually what June
29. 1:10June 12th
30. 1:12um he's back on track he's having green
31. 1:15year he's up nearly 100 r on the the
32. 1:18year and slowly building himself back up
33. 1:21after a very small red red year last
34. 1:23year so I just wanted to ask you Harry
35. 1:25what were some lessons that you learned
36. 1:27from
37. 1:28the journey so far a lot
38. 1:31it was all about you know resilience
39. 1:34definitely learned that and expectations
40. 1:37in trading you could have a picture in
41. 1:39your head or an idea of how things are
42. 1:41going to go
43. 1:43um but I think for me I set big high
44. 1:46expectations after having a very sort of
45. 1:48successful couple of years
46. 1:51um and that may be made me a bit more
47. 1:54forceful in my trading and pressing for
48. 1:56profits and almost expecting me to be at
49. 2:00this you know level up here where I'd
50. 2:02set myself and expected me to be in x
51. 2:05amount of time and when I wasn't there
52. 2:07you know I sort of hit me quite hard and
53. 2:09when you do things like that it relates
54. 2:11to your trading it rolls over so you can
55. 2:13be forceful in your trades you can be
56. 2:16over trading I mean it's really about
57. 2:19breaking that cycle of trying to
58. 2:22basically make money trade in which is
59. 2:24obviously the ultimate goal
60. 2:26um but really just like Jack goes on all
61. 2:28of it all the time it's about process
62. 2:31and you know taking your time and
63. 2:33you know following a process having a
64. 2:35system
65. 2:36um having a having a structure to your
66. 2:38day a routine that you you know you turn
67. 2:40up at the market each day and you carry
68. 2:43out your process and you do the same
69. 2:45thing each day look for the same
70. 2:46opportunities the same strategies
71. 2:48whatever it is you might play and you
72. 2:50repeat that and for me
73. 2:52from having a very successful time uh
74. 2:55trading strategies like Jack and
75. 2:57learning from Sykes as well you know
76. 2:59that sort of background to having to you
77. 3:02know completely basically restart fresh
78. 3:05over when them sort of strategies
79. 3:06weren't working anymore
80. 3:09um it just taught me yeah resilience for
81. 3:12sure and just you know you can't
82. 3:15Force things in trading you have to just
83. 3:17let it flow and take your time and you
84. 3:21know it's tough it really showed me that
85. 3:23you know you can have some really good
86. 3:24times but you can also have some really
87. 3:26low times
88. 3:27um but if you're resilient
89. 3:29and you you're not afraid to do the hard
90. 3:31work and you know dig in when it matters
91. 3:33and like I say if you've got to start
92. 3:34from scratch again you've got to start
93. 3:36from scratch and you just build yourself
94. 3:38back up and you go from there and I
95. 3:39think if you're committed
96. 3:41and you enjoy it
97. 3:43and you you know you do the work
98. 3:44necessary and you know you focus on
99. 3:47yourself and try not to be distracted by
100. 3:49other people and what maybe they're
101. 3:50doing and
102. 3:52um yeah just dig deep and eventually it
103. 3:55will start working again and things will
104. 3:57come full circle and then you know the
105. 3:59great thing about training is the
106. 4:00world's your oyster you can take it as
107. 4:01far as you want and
108. 4:03yeah it's definitely possible we just
109. 4:05got to do the hard work and not be
110. 4:06afraid of
111. 4:07yeah potentially having to start again
112. 4:09and that was one of my biggest lessons
113. 4:10was you know setting expectation too
114. 4:12high for myself and in a market where
115. 4:15it's not possible and uh yeah sometimes
116. 4:18we've got to start from scratch and
117. 4:19learn them hardness
118. 4:21yeah a couple of things that I took away
119. 4:23from that is
120. 4:25to really be successful in any Market
121. 4:27condition
122. 4:29the market is gonna have flows and it's
123. 4:33gonna have different periods of hotness
124. 4:35and coldness and if you have any type of
125. 4:38expectation if you have any type of ego
126. 4:39if you have any type of
127. 4:41I gotta get this done tomorrow I gotta
128. 4:43get this done this week I got to get
129. 4:44this done this year
130. 4:46forget all about that the market is not
131. 4:49a good Market
132. 4:50you're gonna really struggle and one
133. 4:52thing that I give Harry a lot of credit
134. 4:55is he actually went back to ten dollar
135. 4:58risk in 2022 when he started
136. 5:01consistently losing and I think that
137. 5:03really saved you from possibly blowing
138. 5:07up your entire account yeah it
139. 5:08definitely did yeah and to do that you
140. 5:12really have to
141. 5:14just kill your ego and literally trade
142. 5:1710 risk is like it seems very silly but
143. 5:20when you're trying to get back to the
144. 5:22process and you're trying to get back to
145. 5:24a profitable strategy that's really what
146. 5:26it takes do you want to talk a little
147. 5:27bit about how you made that decision and
148. 5:30maybe you can even help someone who's
149. 5:32consistently losing right now and they
150. 5:35just kind of need this extra little bit
151. 5:36of push to get back to their process and
152. 5:39not just be focused on money
153. 5:40yeah it's definitely you know you've got
154. 5:42to put your ego aside and
155. 5:44you know wash your aspirations what your
156. 5:46dreams to get to that point you've got
157. 5:47to be able to do whatever it takes so if
158. 5:50it's you know I've got to a point where
159. 5:52I'd scale my account to where I was
160. 5:53risking you know nearly a thousand
161. 5:54dollars of trade pretty much on my a
162. 5:56plus sit-ups to go from a thousand
163. 5:58dollars back to ten dollars is you know
164. 6:00a huge jump and a big ego killer but I
165. 6:03had first-hand experience with being
166. 6:05close to other traders who had lost you
167. 6:09know the majority of their accounts 90
168. 6:10of their accounts you know had to go
169. 6:12back to doing other work and you know
170. 6:15Finding other means of income to rebuild
171. 6:16that account so I was very close people
172. 6:19out I did have a big blunt myself I lost
173. 6:21about 25 30 of my account at the back
174. 6:23end of a hot run
175. 6:25um and for me
176. 6:26it was all about preservation of that
177. 6:28and the fact that if I did lose all my
178. 6:32money in my account that I probably
179. 6:34would find it very difficult to get
180. 6:35going again so
181. 6:37yeah I think you just gotta you've got
182. 6:39to dig deep and do what it takes because
183. 6:41when you're in that cycle of trying to
184. 6:43make money in the market and you're
185. 6:44losing the first thing we think of is
186. 6:47right how can I make this back how quick
187. 6:49can I you know what trade can I take
188. 6:51that I'm going to make that last loss
189. 6:52back or make them 10 last losses back as
190. 6:54quick as possible but actually when
191. 6:56we're losing money you need to be more
192. 6:57risk-averse and think of risk first
193. 6:59rather than how quickly I can make that
194. 7:01back it's all about making that money
195. 7:03back slowly and properly with good risk
196. 7:05management and taking the correct trades
197. 7:07and not forcing things like I said and
198. 7:10you know it takes time but if you want
199. 7:13to make it in this game and you know
200. 7:15like I say there's no sort of Limit to
201. 7:16Your Potential you really have to be
202. 7:19super self-aware of your emotions super
203. 7:22self-aware of discipline and for me
204. 7:25that's with like a well-structured day
205. 7:26and things like working out in the
206. 7:28morning and making sure I get all this
207. 7:30stuff done and I approach the day in a
208. 7:32calm and centered manner rather than you
209. 7:34know wake up like hectic get to the
210. 7:36market find shares short this do that do
211. 7:38that it's it's all really about you know
212. 7:40your whole lifestyle and if you want to
213. 7:42make it in this game like I say you've
214. 7:44got to be willing to do what it takes
215. 7:45and sometimes that's you know swallowing
216. 7:47your pride and dent in your ego a bit
217. 7:49and
218. 7:50yeah just you just got to do it like if
219. 7:52that's if that's your goal and that's
220. 7:53your dream which it is for me there's no
221. 7:55two way about it you'll do you'll do
222. 7:57what it takes and I think this really
223. 7:58just gotta take that leap and really
224. 8:00just [ __ ] push through and yeah get
225. 8:03the [ __ ] done
226. 8:04yeah I love that
227. 8:06um like I mentioned at the start of the
228. 8:09video we're actually walking right now
229. 8:11to the Stonehenge which
230. 8:15was something that was created about 7
231. 8:18000 years ago
232. 8:19so
233. 8:21I want to talk a little bit about how
234. 8:23good things take time as well as
235. 8:27things that are worth doing they last
236. 8:31right and really two things that come to
237. 8:34my head the first one being you only
238. 8:36need to get rich one time so
239. 8:39that's something that happened with the
240. 8:40Stonehedge right these people work their
241. 8:42ass off for
242. 8:44thousands of years I don't know maybe
243. 8:46hundreds of years whatever it is and
244. 8:49they were able to create this rock
245. 8:51structure that has now
246. 8:55created People Like Us 7 000 years later
247. 8:58to come and look at it and that's
248. 9:00something that also you have to consider
249. 9:02in trading like if you make a bunch of
250. 9:04money
251. 9:06um millions of dollars whatever it is
252. 9:07whatever that number is for you
253. 9:10you only have to do that one time and if
254. 9:12you're able to then size back down or
255. 9:15consistently profit and keep that wealth
256. 9:17and grow that passively you're able to
257. 9:20keep that going for your entire life
258. 9:22maybe even your kids generation their
259. 9:24kids generation until eventually
260. 9:26something messed up happens and it
261. 9:29eventually probably will get wiped out
262. 9:31but you really can create that
263. 9:33generational wealth and that's something
264. 9:35that the Stonehenge also has taught us
265. 9:38that these good things really stick
266. 9:39around and as well as good things take
267. 9:41time so these people are out here
268. 9:44grinding every single day moving these
269. 9:46rocks setting up this rock structure
270. 9:48doing other things that are around that
271. 9:50people don't even see
272. 9:52what do you think about that Harry
273. 9:54yeah
274. 9:55good things do take time and
275. 9:58you know
276. 9:59especially things that are built to last
277. 10:02and you know going to be here for a
278. 10:04while you know like you say this was
279. 10:062000 what did it say that 2 500 before
280. 10:09Christ
281. 10:10so yeah you're talking about
282. 10:12five six seven thousand years ago and
283. 10:14it's still here now so it relates to
284. 10:16training the fact like you know good
285. 10:17structure good process system
286. 10:21you know you want to be lasting it's not
287. 10:23about how much you can make how quickly
288. 10:25you know it's a repeatable it's built to
289. 10:28last and
290. 10:29it takes time for sure and you need that
291. 10:32process that is Rock Solid you need that
292. 10:35process that is not going to get blown
293. 10:37over by the wind the Stonehedge is still
294. 10:39standing here today like I said for
295. 10:41thousands of years right and that's how
296. 10:44your trading strategy has to be you
297. 10:45can't just go on Wall Street bats buy
298. 10:48AMC buy gme buy Bed Bath and Beyond buy
299. 10:52carvana and yeah some of these stocks
300. 10:54have went up a lot and I'm sure a lot of
301. 10:56people have made a lot of money off them
302. 10:57but I guarantee the next time that they
303. 10:59go to trade that same exact holding and
304. 11:02hoping strategy Diamond handing and
305. 11:04looking for huge percent moves that are
306. 11:07going to make the millions millions of
307. 11:08dollars they're probably going to end up
308. 11:10losing 50 70 90 percent
309. 11:12and that's the unfortunate thing because
310. 11:15they're not building that structure with
311. 11:17a solid process with Rock Solid found
312. 11:20Foundation if you go all in on one trade
313. 11:22all it takes is one big gust of wind
314. 11:24right something that I always think
315. 11:26about is if you start with ten thousand
316. 11:28and you make a two million think about
317. 11:30how much percentage gain you have to
318. 11:32make on your money right you have to
319. 11:33double it so many times double double
320. 11:36double hundreds and thousands of percent
321. 11:38I'm not sure what the exact number is
322. 11:40but think about it you only need to lose
323. 11:42100 one time all in to to lose
324. 11:45everything and that's why going all in
325. 11:48and using Leverage is very dangerous you
326. 11:50want a good solid process that is going
327. 11:52to create singles doubles triples and
328. 11:54even potentially a home run situation
329. 11:56where you get in with decent size and it
330. 12:00just starts to go in your favor and
331. 12:01you're able to keep on adding once you
332. 12:03really know what your process is what do
333. 12:06you think about this Harry yes I chose
334. 12:08it's longevity in the game and exactly
335. 12:11what I was saying earlier like
336. 12:13with trading you can't control the
337. 12:15outcome so what can you control in
338. 12:17trading you can control you know do your
339. 12:19best to control yourself
340. 12:21do your best to control your system and
341. 12:23your process and do your best every day
342. 12:25to show up in the best frame of mind
343. 12:28and the best version of yourself to be
344. 12:30able to execute that system and process
345. 12:33and repeat that over time and you know
346. 12:36if you're unprofitable over time you
347. 12:39keep working away and you find
348. 12:40one-on-one strategy two strategies that
349. 12:43you start to make money in and you
350. 12:45double down on that and then you know
351. 12:46you just you just expand and compound
352. 12:48that over time you compound your
353. 12:50earnings you compound your growth you
354. 12:51compound your knowledge
355. 12:53and you know three four five years later
356. 12:57you know you're in a you're in a
357. 12:58completely different space but yeah
358. 13:00you've got a you've got to stick to your
359. 13:02process and really just dig deep through
360. 13:04hard times it's definitely what the last
361. 13:0618 months two years has talked me is you
362. 13:09know you've got to be resilient and
363. 13:10you've got to have these solid
364. 13:12foundations like Jack's saying to be
365. 13:14able to build upon
366. 13:16um in times when you know the market
367. 13:18will be hotter and in times you know
368. 13:21when it's like we've seen you have to be
369. 13:23resilient and uh
370. 13:25you know protect your account and you
371. 13:27know think risk first rather than how
372. 13:30much money can I make in a hot market
373. 13:32and yeah
374. 13:34double down on that really
375. 13:37and with that I'm gonna wrap this this
376. 13:39video up
377. 13:41um how to build the Rock Solid trading
378. 13:43process like the Stonehedge peace out
379. 13:45guys go