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Traders Mike and Troy advocate for a mentorship-driven approach to trading, emphasizing real-time application over static courses. They promote a community-focused environment where beginners can learn a simplified price action strategy, utilize demo accounts for risk-free practice, and eventually scale using prop firms to achieve financial independence and a flexible lifestyle.
Hello everyone.
We are talking trading today.
If you've thought about using trading as an income stream for
yourself, you are at the right place.
These are the traders extraordinaire.
Uh, Mike's a really good friend and Troy.
And one thing I really love about having these two on is Troy is one of Mike's
first students and he learned it so well that he was successful and now
he is teaching other people.
So that's where, you know, that Mike really knows what he's talking about.
They always say, if you know what you're talking about, you should be able
to teach somebody else to do it.
So the fact that we have Troy on your each to each time, um, just
makes me really excited about this.
And again, I don't even totally know what Troy and Mike have going on this time
around, so I'm excited to hear it along with you guys in the audience.
Um, before we get going, please hit the like button currency of YouTubers.
Um, and then let me know in the comments, have you tried trading?
Have you tried Forex trading?
Have you tried crypto trading?
What is your success been up to this point?
We'd love to hear.
So we're going to skip introductions.
We've had you guys on so many times.
We don't need to waste time with pleasantries.
We'll skip right past that.
Um, maybe start with though, what you guys, what's the, uh, what do you guys do?
Let's, let's start with the elevator pitch.
What is it that you guys do?
What is it we do?
We just play around, man.
Honestly, we just have like this community.
We don't just, we just joke around.
We don't do much in there.
Do we?
Troy?
No, we just have a lot of fun together.
That's it.
What is that?
Uh, office space.
What, what, what is it that you'd say you do here?
Right.
That's what I'm wearing.
We're in the basement though.
We're in the basement.
You're in the base.
So you help people trade, correct?
Oh, well, like, yes, we absolutely help people trade.
We, we help people who've never traded before learn how to trade by more hands
on training instead of like a bunch of course material that's really
the elevator pitch, like you can go out there and try to find, I mean, I've
spent thousands of hours learning ICT, SMC, ABCD, EFG, Wagyu beef stick,
ladder ordering, Martin hailing.
Like I've tried the bots.
I've tried it all, man.
You just, there's nothing better than sitting with a mentor over their
shoulder and just watching them, what they do, if you're real, you
should be able to do it real time.
What's the problem?
All these other YouTubers are scared.
Yeah.
No, there's some guys that trade live.
I respect that, but most of them don't.
And we do it every day.
Monday through Friday.
And today was a massive win.
Once again, um, yeah, we just like the big thing for us, James
is like, there's no curtain.
There's no like, you know, there's no like, Oh, we don't
know who the developer is.
You know, it's very clean cut.
You come in, um, like we have pretty, pretty easy training videos
just to get you up to speed.
But it's, it's less about like learning a training system or a strategy.
Right.
Everyone just wants, give me this, give me the strategy.
The strategy is you need a mentor.
That's the strategy.
You want to learn how to play the guitar?
Like I've been playing for a long time.
I was a signed artist and took me 10 years.
Plus actually it took me 12 to get a record deal.
Did I just learn it overnight to some people?
I did write to the people coming into our trading group.
They're like, Oh, you're, you're a profitable trader.
I see you in real time every day.
And I'm like, yeah, it's, it took me seven years to like get to this place.
Right.
Anyways, Troy, maybe you have a better idea of what we do besides having
fun.
I mean, for me, when I first started learning about how to trade, everything
that was out there, the communities, the groups, the discord channels,
telegram channels, I didn't really get a vibe of community.
It was more of like an overlord type feel.
Everybody's looking up to this one person.
And you know, if you had, it felt, it felt like, I felt like I couldn't be
myself and I couldn't like ask questions.
Like it was just something that I didn't feel comfortable doing.
So all those little things that I didn't like about what everyone else was doing,
I wanted to make sure that, that we welcomed everybody, you know, and it's
like, be yourself in our community and you should be, you should feel comfortable
with asking questions, especially you shouldn't feel stupid or feel alone or
feel left out.
And there's just not a lot of people that are doing that in the trading space.
And we just wanted to make sure that first and foremost, that we're just
building a fun community that you want to be a part of, because if you, if you
don't, you know, Michael Jordan, you know, talks about this.
He's like, you got to first fall in love with the game.
Otherwise it's just, you're never going to get anywhere.
So we have to create that environment to where you fall in love with trading
because once you do that, everything else would kind of fall into place.
And I feel like that's what our community pretty much captures, right?
So you, you come in, you're welcomed, you, you get engaged, you feel comfortable
talking about trading.
Even if you're a beginner, you shouldn't feel dumb or, or, you know, and it's
like, we're going to be reaching out to you and making sure you're taking action
and, and, and progressing properly and stuff like that.
And, and, and everybody else in the community too, we've got a lot of people
just wait, you come in, there's going to be all these people saying, oh, welcome.
Hey, how are you?
Yeah, yeah, yeah, yeah.
It's a great freaking vibe, man.
I love it.
So anyway, that's why I've had for the love of the game.
There's a, there's a, yeah, that's okay.
That's what we're after.
Yeah, no, I've heard nothing about good things about the community.
Um, everybody that gets in there.
In fact, I've got, I got an email just the other day.
I was trying to pull it up so I could quote it directly, but a guy told me.
I just wanted to thank you so much.
You're a great YouTuber.
You pointed me towards Mike's program and he said, he's been loving it in there.
And he, and he thanks me.
He's like, and you're the reason I got into Mike's program.
So I love you.
And I'm like, you know what?
Thank you, Mike.
There's a lot of people who are mad at me because I point them to
things that rug pull or something.
So thank you guys for being something that people are happy.
I pointed them to, uh, really appreciate that.
Um, yeah, no, that's great.
Great stuff.
So I always like to kind of at the beginning, um, try to
qualify or disqualify people.
So they know, Hey, is this something I should listen to?
Should I get into?
So who is trading for, and who is it not for?
How much capital do you need up front?
How much time do you need?
Uh, we've talked through all this before, but we're just going to have
you repeat some of those answers.
Here's how much you should spend when you're learning trading right there.
That's how much $0, zero.
You should not be spending money when you're learning trading.
Um, and people, you know, what you need to spend your money on because
you will eventually spend money.
Okay.
But what you need to lose it on is, is I say education.
I don't like that word because it's like content driven.
And I don't believe that you're going to learn just from content.
If you read a bunch of books on how to play the guitar, you would
not be a better guitar player, right?
If you go watch a bunch of videos on how to play the guitar, you're
not going to play any better.
You can use that analogy for anything, but basically hands-on trading are what
all of our successful students have done and have said mattered most.
So.
You don't need any capital, um, to get started.
You might spend some money learning, right.
To hire the coach, to learn how to play the guitar, but difference is with the
guitar, you kind of need to spend money on a guitar, just don't spend
money on a really nice one, right?
Go get yourself like a $400 guitar, you know, something like that.
You know, 200, you can even get away with, right.
Um, and then learn how to play it.
It's when you get serious that you start, you know, increasing, like maybe you want
a Gibson or maybe you want whatever.
So the point is, is like you start out with just kind of the basics.
And then as far as who's it for, it's for somebody who wants to take control
of their financial independence.
And you're losing money in the banks right now.
You're losing money in most projects.
I mean, they don't work out.
A lot of projects just don't work out.
You're losing money across the board.
If you're not understanding that you can make more, right.
But they're hard-earned money sitting on the sidelines.
You can make more than sitting in a bank safely.
And that's the key, right?
Because you have to understand money management.
So I'd say those are kind of the big key takeaways, Troy.
Yeah.
I mean, we don't recommend any, like everybody, we tell them like, don't
use your money at the beginning.
If you're learning how to trade, you don't want to use your own capital.
We can set up a demo account.
We show you how to do that.
Or some people call it paper trading, you know, prove to yourself that you can
double an account on a, on a demo account or a paper trading account using one
strategy, right?
Once you do that, if you're the type of person that has an extra 5,000, 10,000,
or even multiple six figures, that's just laying around, not doing anything.
Now you've kind of proven to yourself that this works.
So then you can take a small portion of that capital and turn it into a live
account and start trading.
And that's the, that's the process that we recommend.
And like Mike said, if you want to get there at a faster pace I don't, I don't
know very many people that have traded by themselves that have been real successful.
You have to have a mentor.
I wasn't successful until I found Mike and started watching him.
And then, you know, after me watching him for so long, it was like, uh, bro, I
need, can you work with me on a more personal level?
And then it's at that point is where things really started to click and, um,
you know, things worked out.
So it's something that is, is very fascinating, right?
Trading.
It's like, you can be at your home set.
You can be anywhere in the world as long as you have access to your phone or a
You can click some buttons and make money right now.
It's not easy at first.
Like it does take some time.
Like anything else, if you're going to be good at it, you gotta, you gotta
fall in love with the game.
You gotta take it serious and put in the work.
And then once you do that and you start to see how trading works and how the
charts, how to view charts and kind of predict where price is going to go.
Like it's, it gets like super fun and exciting to do that.
Cause then you, you, you know, the, the sky's kind of the limit on how much
money and time you want to spend on this thing trading.
And, you know, I come from a, you know, I own a couple other
businesses and it deals with people, right?
I have a contracting company where I'm going inside people's homes
and working on their homes.
You're constantly dealing with employees, job sites, people, stuff like that.
I don't have to deal with any of that here with trading.
And that's why I love it.
Yeah, absolutely.
I love too, that you keep, uh, you keep custody of your own funds, um,
rather than giving them to Mike, if you were on here saying, give me $10,000
and I will trade it for you.
I'd be like, well, I've seen, I've seen this play out before.
I'm not so sure about this, but, um, again, this is something that
you're doing on your, your, yourself.
Um, and there's, that's good for a lot of reasons.
First off, nobody can steal it from you is the first reason.
Second off, you feel a lot more successful.
You get a dopamine hit when you actually are trying to learn something
and you actually do the trading.
You make the money yourself.
Um, you feel way more accomplished rather than, Oh, Hey, I put my money
into a project that made 15% this month.
I mean, that's fun too, but, um, it's feels way more satisfying to do it
yourself and it kind of becomes, um, a bit of a side hustle for, for the
people that I've talked to about it.
So love that Detroit said a couple of things.
I just want to point out for, I forget really important.
He said one strategy, right?
This is huge.
This is so big.
This is so, so you asked me earlier, I should have put this
in my little elevator pitch.
We do all of this with one setup, one thing, one strategy, one.
Well, I'm going to call it a pattern, but we're not pattern traders.
Okay.
Uh, but it is a pattern of price action that we see over and over and over.
And it's not hard, James.
You could learn this in a couple of days.
No problem.
In fact, uh, most of our people do, but that's the thing you learn it.
So why isn't everyone successful?
If it it's because it's what you do after you're, you're in the trades,
what you do as price unfolds, you're seeing it in real time.
Do I get in now?
Do I get in later?
Like all those little nuances.
So we do it with one strategy.
And, uh, and that makes a big difference in speeding up the learning curve for
people who've never traded before as well.
And even, even by the way, I would say really advanced traders just stripping
away what they think they know and just saying, Hey, look, if I'm wrong during
this first 30 days, if you come and trade live with me and I'm wrong, I'll give
you a full refund, like no questions asked.
I'm not, I'm not even asking you why you're just not your vibe.
You couldn't figure it out.
And you tried.
Like I've had guys want to cancel and they come on a live session with me and
I show I'm like, I do a live session and they're like, I'm not canceling.
I'm joining the live group.
But you know, because I'm just like, what are you not getting?
This is very, very simple, but at the same time, I understand it takes time.
So I wanted to point that out.
Really important that Troy, uh, kind of mentioned that earlier.
Yeah.
Nope.
That is great.
I love that.
Um, so let's talk about what you have going on right now.
So I have this Midas touch trade.com slash James Pelton.
Tell us about what this is.
What would people be signing up for?
What will they get?
What are the results that they can hope to achieve?
Don't just, uh, you know, Hey, it's just to have fun.
You know, just all for fun, baby.
Come on in the water's warm.
Uh, mess around, dabble a little bit.
And, uh, you know, if you want to take it more serious than you can, but
basically this is your link, uh, just for you, James, that's why it
says James Pelton at the top.
We did that for you.
That was, that was just for you.
I love it.
And so what it is, is our, our main community.
And we have gone back and forth, you know, do we charge a
dollar to keep the bots out?
Do we charge $7 and charge $48?
We've been sort of on your channel offering all of those today.
It's free today.
It is free, my friends free.
Um, well, not free.
You have to give away, you know, your, your email and your name.
But other than that, it's free.
And so you come in, you know, you come in to join the community.
You can play the video, not you here.
I mean, but people watching can play the video, kind of see a little bit
more, uh, about what it's like and just come in and check out the community.
At that point, if this is not for you, then no big deal.
If it is, you want to take it serious.
Move forward, Troy.
Yeah.
So what you're, what you're doing is, you know, if you're enter your name
and your email, you're basically joining our community that we, we currently
are charging $7 a month for you're getting that for free just because
you're homies with James right now, inside of that community is the same
community we've been talking about this entire time, where it's our entire
strategies laid out in there.
Um, you can ask questions, you can get the help that you need.
Um, you can hop on with us, um, once a week and trade live with us even.
Um, so all that is in there for free today.
If you join, um, through this link, right, there's no other way you
can get in other than through this.
If you go to our, our current landing page, like to actually join the school
group, it actually costs $7 a month to get in and, and get access to everything.
Now we, we don't hold anything back when it comes to the strategy.
A lot of people are like, Oh, come in and, um, you know, come in for free and
you'll, you'll get to learn like the first three videos of my strategy or
something, right?
Or whatever it is you're trying to get, you actually get everything.
We literally show you everything and we'll help you learn how to do all of it.
Right.
Um, now that's freaking awesome value.
It's something that I wish I had when I first started trading, um, before I
found Mike.
So I'm so glad that, um, I'm able to be a part of this community and, and, and,
and build it in a way that, um, would have met my needs and got me from being,
uh, not profitable to a profitable trader in a shorter amount of time, right?
That's the whole idea of this is to get you up and going extremely fast, right?
Um, cause Mike, he's been trading for over seven years, right?
I'm like a year and a half, maybe two years, close to two years.
And like, we've had people come in and literally within six months, not
knowing how to trade at all.
Six months later, they're trading with a six figure account and making money and
they're on their way to be in, uh, making six figures their first year of trading.
Like, is that not bananas or what?
And it's all because they just followed one system.
They put the blinders on.
They all, all the chasing, all these other projects or all these
other carrots or whatever.
It's just let that all go and just focus and go all in on one thing.
And that's, what's going to help you get success.
Right?
So that's what I believe.
Nope.
All you hope all of you that are watching this joint, I mean, it's free.
What do you have to lose?
Right?
James?
Yeah, absolutely.
Yeah.
It's free.
I don't give financial advice, but if it's free, it's not financial advice.
It's just free advice.
So I'm going to say to everyone, go sign up.
Like, even if it's something you're like, I don't even know if that's
something I'd be interested in.
Just go try it out.
Go sign up and just see, you never know.
You know, I have so many people, um, probably at least 20 a day.
I get emails.
Hey, how can I make passive income?
How can I make some income?
How can I make extra income every day?
I get, I wake up my inbox full, about 20 people saying that.
And here's a way and it's free to check it out.
You don't have to invest anything to get started with it.
Um, I love too, that this will create a skill for you going forward.
So you learn this now, and that's a skill that is going to be with
you for the rest of your life.
And, uh, so that's just, you know, it's something to add to your tool belt.
Um, and I always tell people the best investment is to invest in yourself.
And if you can do it for free, then that is a, that'll be an infinite
return because, uh, zero to anything is an infinite return.
So, uh, recommend that this is the one program I can say, we'll give
you an infinite return percentage return.
We should be number one on your list of top projects.
We should be the number one.
Let's ask this question.
T start.
Good to see you, brother.
He says, can this work in prop accounts for minimum drawdowns?
So maybe, yeah.
What all do you like?
Is this good for Forex trading crypto trading futures?
Yeah, I'm excited to answer this actually.
Um, so I never traded prop before.
Okay.
But it just kept coming up and people talking about it.
So I said, okay, fine.
You know, cause there's a lot of prop accounts that won't pay you out.
They're going under, there's a lot of regulation.
That's not come into play, but you can make some money in the
meantime, if they're paying.
So, uh, long story short, we have a member, his name is James Deeb.
He convinced me to do a 250 K account.
And then I strung along like 20, 50 K accounts, right?
So I have all these 50 K accounts that you copy trade.
All right.
So anyways, I just started the prop thing.
He's already as of, I think yesterday.
Yeah.
He DM me in school and, um, what's cool about school.
You can DM as well.
So everything's instant communication.
He said to me, I'm going to pull up his DM so I can read it to you.
Um, he said to me yesterday.
Oh, he's first of all, this is my iPad.
So it's horrible, but you can see James Deeb sends me a bunch of
screenshots of his account.
Yeah.
So this is his trading account.
All right.
So this is him saying second 250 K eval secured.
You're welcome.
He says, because I'm doing the two 50 K, right?
So he's, uh, I just started though.
I haven't passed my evaluation yet.
I think I'm five K up or four K.
You have to reach 15 K in profit before you pass it on the two 50.
It's an apex account.
So we're doing apex.
I'm going to do, uh, my futures or my funded futures or something
like that after I do apex, just to see the difference.
And then I'm going to do training on both.
But yeah, the answer to your question is absolutely.
And he's not the only one, but he's got two and he just, he's sent me
screenshots of like his total, you know, payout and everything.
He's got a total PNL.
You know, he may not want me to share, but he's made thousands of
dollars in this prop account so far.
Go ahead.
Yeah.
And what's cool about our community is it's not just like you to Mike or you to
me, like there's literally other successful people in our group that have taken our
training, followed us now they're helping other people.
So it's like, you can come in and if prop firms is your thing, like you can, you
know, hit up other people that are doing those prop firms and figure out how to do
it, right.
How, how our strategy can work for prop firms.
We've got another guy, Ryan in our group who started a, what would he call it?
Mike?
Just alive.
Oh, okay.
Let's go ahead.
Was it called tap?
Yeah.
What it was called?
CAP.
What, what did that stand for?
A trading accountability partner.
Right.
So he basically just did this on his own.
He's like, Hey, I'm going to start this tap TMT tap Midas touch trading
accountability partnership group.
Anybody's interested.
I'm going to manage and host it.
So you can come in, you know, while I'll partner you with somebody else that's in
our community, that's at your level and we'll all get together and we'll all make
this work and kind of help each other out.
I mean, that's freaking amazing.
I don't know where else you can find that in another trading group.
What's cool about the community thing, Troy and James and everybody, I guess, but
like, just to add to what you're saying is that you develop when you're trading
alone, you develop bad habits.
This is just like a fact.
I know.
Cause I did it.
Right.
And I know, cause I talked to so many other people who bought $10,000 courses.
They spent so much money on courses.
And it's like, at the end of the day, you, you need that accountability.
You need that coach because you won't develop the bad habits.
If you're seeing somebody else making profitable trades and you're like, what
the hell am I doing?
Well, just look at what you did and look at what I did.
Look how I said to manage it and look how you managed it.
It's very, very simple.
Right.
And then not only that, but you can post in the community what your trade ideas
are, what you did and get instant feedback, not just from me, but from our
community members who are probably going to roast you because they understand
the strategy.
So like, or not in a bad way, but you get what I'm saying.
But the idea is that like, you have an account of accountability and just for
anybody watching this and they're like, what is he talking about?
250 K accountant, multiple 50 Ks.
That's prop firm trading, right?
Basically you pay, you know, I mean, I think I paid like 36 bucks to have an
opportunity to pass a prop firm challenge, right?
Where I can, then they give me 250 K.
And after I reached certain goals, I keep 90% of whatever I make.
And there are guys that I know personally, and this is why I chose apex and I'll
do my fund of futures next, but they're paying.
I mean, I know a guy who in the last a hundred days made $309,000.
That's just a fact.
He did it.
Like it's real.
He shows his payouts and everything.
So, I mean, this is a friend of mine on YouTube, and if he's doing that kind
of, you know, volume and money, I'm like, okay, I got to, I got to do it now
just because it costs so little to get involved, you know what I mean?
Why wouldn't you, if you're a profitable trader?
So now the trailing stop drawdown, all the stuff that was more technical,
the question, whoever asked that, that's always going to be a challenge
because you're, you are literally being, you're, you're the prop firm.
Sure.
You can hate them all you want.
It's their money, right?
It's their rules, but they're dinging you.
They're basically, you know, I don't know what you say, dinging,
like whatever the word is.
You're getting dinged for regular market movement.
Movement is up and down.
That's how the market moves, right?
So even though you might be right in your trade, I know what you're
talking about, that trailing stop.
And so that kind of sucks, but that's part of it.
That's just part of it.
And so, um, there's ways to, to mitigate that back to you, James.
Love it.
A lot of good stuff there.
Um, we got a question from Arvin.
So yeah, people are getting technical in their questions,
but Apex doesn't let you DCA.
Does your strategy require DCA?
What's your normal RR?
Yeah, my normal RR, anything that makes a profit.
Um, but RR, yeah.
I mean, we had like a, I think it was like a four to one today.
Um, four or five to one today.
I mean, you have people live in here.
I'm not going to lie to you.
Right.
Um, most times, I don't know what's the normal RR.
What do you think, Troy?
What's the norm to two to one?
Yeah.
I would say something like that.
I say, sure.
Yeah.
I'd say normal is probably two to one, but we have so many crazy runners.
It's, it's ridiculous because it depends on like, yeah, I'd say the easy
answer is the normal RR is two to one.
And you know, if we're down, if we, if we have a loss for the day, a lot of
times we'll bump up our timeframe, get something more solid and trade on like
a five minute or a 15 minute.
And those are usually the runners.
Like today it was a runner and it was Troy's call today.
Troy and you don't, and you don't have to DCA.
No, we don't, we don't, we don't do that.
It's, you know, one trade, one amount of risk and, and you, you let it ride.
Right.
And then like what Mike said earlier, it's, it's not so much about the strategy.
It's, it's about what you do after you click enter in the trade and, and how, and
reading, being able to read price and see it go in one way or another and manage your
trade.
That's the key to success is that management.
And that's where, that's what we talk about a lot.
Time is more important than price.
So for you traders that are watching this, some of you time is more important than
price.
In fact, we had news today, right?
The fed fed chairman Powell spoke.
So time is more important than price.
So how do we know this for a fact?
You know that because, well, you can just look at the volume on the charts, right?
You look at the candlesticks, New York session open is always the most volume.
It doesn't matter what you trade.
You could be trading, you know, you know, USDJPY doesn't matter.
Crypto, Bitcoin, when does it move the New York session open?
Right.
So we know that time, time comes first before price.
So what we focus on, and this is why like so many traders like fail at backtesting.
You go, well, I have the strategy.
I backtest, it doesn't work.
Well, how are you winning forward testing?
Because there's so many things in a backtest you cannot see, and that you will
probably skip because it's not just about going to FX replay and, you know, finding
the times of day that you would normally trade.
Is there news that day?
What, what is the news?
How long does it go for?
Is it Powell speaking?
Is that the red folder or is it like, is it three hours of news or is it a number
like CPI or PPI that is the traders are really, really looking at right now?
What's the sentiment in the market?
Is, is inflation important right now to keep track of?
Do we care?
Do we care about new home sales or no?
Do we all look at that?
Now, although we're not trading based off of fundamentals, I want to make that
clear, it is a pattern of price, right?
Liquidity in the market is what drives price.
That's just the fact, right?
So if we know that the institutions are trading during these hours during,
actually we can zoom in and look at these specific times where market
is most likely to reverse.
Market is most likely to, uh, what we call manipulate.
So you have a period of consolidation, then you have your manipulation,
then you have your distribution, right?
What did it do today?
Well, the NASDAQ today had a period of consolidation.
And as I said, when we got on live, had a week high with liquidity right
above, because if you understand how liquidity is formed, we have
these all time highs, right?
But it's a week high.
Why is it a week high?
It's because the way that that formed was Asia session, Asia, you know, pajama
pant traders, they don't have the kind of money that the stock market has, right?
When the New York session opened.
So what did we do?
We grabbed the highs, we pulled down.
It was very simple.
It was a very simple setup, but I just got to say that those kinds of things
you miss when you're backtesting, you will not get that kind of guidance on
your own when you're looking for some easy, I'm not a guy here sitting that
saying that we have some easy, you know, one step thing where you just look for
this thing and it does this.
And you go when the 50 crosses a hundred and the bacon is burnt on this side, you
flip it over and then you can eat like, no, it's, it's a string of things that
have to happen, but when you see it over and over and over, guess what?
You start recognizing that, okay, there's something here.
Then once your mind opens up to, okay, there's something here, you start
seeing it day after day after day.
That's when you can kind of pick up the guitar and play four chords.
And if you can play four chords, you can play pretty much any song
in the world, right?
James, you know this.
Come on.
I know this.
I can do that.
I can play four chords so I can play every song.
That's it.
So anyways, kind of a longer explanation, but you know, love that.
Good, good answer.
Good answer.
Um, big kitty says, James, are you in this group?
And yes, I am in the group.
I will say.
I am not active in the group.
Um, just because I'm busy doing many different things.
Um, so that leads me to the question, how much time would people need per day?
And I know what you're going to answer because I've asked this question
in probably 12 different AMAs.
Um, and I've heard your answer.
I can, I can almost say it for you.
We almost don't need you in the video.
I don't even need to be here.
Okay.
I'll just answer this question for them.
How much time do you need to get into trading?
Well, the answer is how much time do you need to be good at guitar
to be an expert guitar player?
You can do an hour a day and eventually you will get good at guitar.
You can do that.
You could do an hour a week and it'll take longer.
Seven times as long, but you will eventually get good at guitar.
You could spend that with private lessons or is that on my own?
That private lessons will help speed things up for sure.
Yeah, this is all, it's all, like you said, it's time, right?
Like you could go through the same lessons.
You could do the exact same thing.
Spend a lot of money on different programs, trial and error, try
different things, fail, try different things, fail.
Um, but having a mentor is just a way to skip a few steps and get further along.
And that's really what this, what this group is.
And if you can do it for free, then there's no reason to try
and learn the lessons yourself.
You might as well skip all those hard, expensive lessons and just
go right to where Mike and Troy are.
But as for how long it takes, how much time can you fit into your life?
So the more, the better.
But if you only have an, you know, two hours on Saturdays
is all that you can devote, you can make that work.
Yeah.
So I really don't have a good reason for why I'm not in the group being more active.
I do an admin, you know, I'm going to add it.
That's right. That's right.
I am game.
If you have any. Yeah.
DM me and you can be my employee and I'll send you to go in the group.
Exactly. It's rare.
And you can use my money for it.
So that's a good question.
We should have said this.
Does RR mean does RR mean risk reward?
Yes. Great call.
Yeah, that is what we were referring to with that.
RR roaring kitty.
You can't use jargon.
Yeah. I mean, like rest and recreation.
There you go.
Go ahead. I didn't see another question.
Is that a question? Do you guys.
Yeah, this question is, are we able to see any my FX book info?
So people are wanting more proof of what you guys do
and what you have been able to do.
What would you say to somebody who they're skeptical about your track record?
Yeah, no, I think that's great, man.
I think it's good to be skeptical.
I would say come and join the community for free.
And then you just click on the the wind or come into the live trading room
and see it.
And if you're not 100% satisfied within 30 days, your money sent back to you.
It's as simple as far as a track record.
Like I have many different brokers that I've used before.
And Troy, see my track record.
I've shown James some of my FX book stuff.
But mainly I am right now focused on prop prop firm trading.
So once we get that going, I'll be doing a documentary on all the prop firm stuff.
But as far as like, you know, absolutely.
Track record is super important.
I don't have one account.
I I've been using offshore brokers, and I'm very reluctant
on telling people who I use just because I don't want to have them go use them.
And then it do what one of the I use this prop, this not proper,
but the broker called Envy FX and they went under
and feel like it was like my fault because we got some early
on members wrapped up and in the effects this thing.
So just the offshore type of stuff.
I'm just over it.
So I've switched over to futures trading.
So my track record isn't that it hasn't built up very much.
It's only since what, February?
And I'm 43% up since February.
And I have that track record to show, but I'm not I don't have it linked up
to a my FX book account.
Go ahead to me.
That question's kind of like, I mean, not to like put you down or anything,
but, you know, Michael Jordan's coach wasn't the best basketball player in the world.
So why did why did he use him?
But you know what I mean?
Jordan one.
So it's like I wouldn't necessarily look at the track record of a coach
like, you know, before Michael Jordan, you know, he I don't know who he coached.
Right. Interesting.
And he definitely wasn't at that caliber of Michael Jordan status, right?
He wasn't the world's best player.
So I wouldn't even look at it that way.
I would look at it as, you know, are these guys giving me access to them?
Are they teaching me a skill that actually works,
which is proven in our community, you can see all the wins
and all the people that are having great success in our community.
And there are losses, too.
We trade live with our community every single day.
So the track record is there.
We win more than we lose. Right.
And that, in my opinion, is all that really matters,
because if you start focusing on, well, have they done that?
Well, if they've done this or I need to see this or that,
you're just you're not going to really get anywhere.
Well, ICT is one of the greatest, you know, mentors in the trading space.
And he never, you know, he never traded live like and, you know, he's he's caught
like, you know, who knows if he faked withdrawals, whatever.
All of it can be sort of manipulated.
That's why I say, man, whoever asked that,
I think the simple answer is really easy.
Just we trade live with our community every day.
It's live. It's real time.
Like for a year now, this isn't like only a few months old.
Mike literally shows his account.
Yeah. Like it's not there's nothing hidden.
So anyway, it's come in, come in and join and you'll find out. Right.
Yeah. And you know, if these guys were scammers, they would be doing it wrong
because what they're doing is giving it away for free.
That would be
I would if I was giving scamming lessons, I would charge something.
If you want to be a scammer, you should charge something.
That's what I would say.
So again, you can hop in there, check it out.
I like what you said, too,
about just because someone has been successful at something
doesn't mean that they're able to teach others how to be successful with it.
For example, I wrote some software that I was able to grow into,
you know, big multimillion dollar business.
I've never been able to get someone else to write software
that to create a multimillion dollar business.
So I like that point. Good, good point.
Let's see. Joined a few months ago from Julian Winters.
Joined a few months ago.
Been the best experience I've ever had.
Learn more from these two guys than any other training program I've been in.
Three months of huge progress.
Dang, let's found you guys because of James Pelton.
Thank you, James. There you go.
There's you get a kick out of every time they say, James, thank you, James.
I do. I appreciate appreciate that.
Appreciate that. So awesome.
So if you guys are wanting to be part of this, you see these two guys,
you thought about trading or you're wanting a new income stream.
I'm going to mention to take some action, do something,
whether it's this or something else.
Please, please, please do something.
Those 20 people who emailed me today saying they want financial freedom.
Please take action.
I bring something new every day.
Please pick one that looks good to you and start on it.
Proverbs 14, 23, hard work brings a profit.
Mere talk leads only to poverty.
OK, and that's where most people are at is there's talk.
I want this. Here's what my dream life would look like.
Here's oh, if I had an extra two thousand dollars a month,
you know what I would do with it.
But there's a lot of talk and very few people who are actually doing something.
And part of the reason is because we like to be comfortable.
We'd rather watch Netflix
than we would hop on and learn to read a chart.
Yeah. So I'm just telling you, if you want the if you want the gold,
then you need to put in the work to make it happen.
OK, there is no I'm convinced there's no get rich quick schemes.
OK, that's not how it works.
There's another proverb.
We're getting all sorts of Bible today.
Do it.
Yeah, I know the heat as wealth obtained quickly dwindles.
But whoever increases it little by little will profit.
And so it's another principle that if you try to get rich quickly,
that's what everybody's after.
That's why mean coins are huge right now is, man, I want to get rich quickly.
Wealth that you get quickly, you lose quickly.
OK, but if you work hard, you gain a skill, you get an income stream.
That's wealth that's going to accumulate over time
and it's going to set you up well for the future.
So and I'll add with that trading, I really like and I point my people
to trading because trading is something you can do when the markets are going up
and when the markets are going down.
We saw in crypto during the bull market, a lot of stuff was working.
And then in the bear market, it stopped working.
But with trading, you can do that anytime in any market, really.
There's commodities markets.
There's I mean, there's all sorts of markets that are always trading,
have been trading for thousands of years.
And so it's a skill that is good for you to learn.
So that's my goal on this gold, maybe thousands of years gold.
There you go. Yeah, exactly.
You know, what's awesome is, you know, you made a good point there.
Like you're taking control of your money.
And like I remember, like when I first traded, you know,
I follow these guys on Twitter who would make these calls like,
you know, you sit there and wait. It's not time yet.
It's not time yet. And it's like weeks go by.
And then finally it's like, OK, I'm going to start buying some Bitcoin
or whatever it is.
It's like now you don't need that.
You can literally trade tomorrow or whenever.
You know, anytime I want to trade, I can go on the charts,
wait for my setup that we talk about and we teach
and then just take action and trade.
And we do it every single day.
So it's like, why wait for somebody else on Twitter
to tell you what to do when you can just learn this skill and do it yourself
anytime you want from anywhere in the world?
You know, so it's super awesome.
Absolutely. Love it.
Well, hey, I think we will go ahead and wrap up there again.
Six plus years of winning trades.
Copy our system. This normally costs money.
It is free for the James Pelton community.
So I want to encourage everyone who watches this video,
whether live or recording, you're on Twitter watching.
We even had a few people on Twitch watching.
I kind of forgot I had a Twitch channel until somebody commented
on the Twitch channel.
But wherever you're watching from, go hop in to this free
program right here. First name, last name, email.
You will get free access only for 17 more hours.
So please do that.
And good luck to you.
Do you guys have anything else, any final words of wisdom,
anything else you want to say about the program before we kind of wrap up here?
Yeah, I'll just say that we started this because we wanted to
kind of peel back the curtain.
We're so tired of and I'm not throwing any traders under the bus,
but we're so tired of the lack of transparency that
and the overload of information.
Pay $5,000 and you can have all the information in the world.
And it's like you get all that information.
You're still not profitable. Why?
It's because they cannot do it real time.
And so I just said, you know what?
I had been profitable for like three years when I met Troy.
And I was like, you know what?
I'll just do it real time, man.
We'll just open it up real time.
And that's exactly what happened.
And he said, well, your strategy needs to be simplified.
And he was right. And we did that.
And it can't get any easier.
It literally can't get any.
I even have people asking me when they come in.
Hey, you got any information on a brokerage?
Mike, yeah, let me ask you a question.
Have you ever traded before?
Nope. But I want to set up my brokerage.
I'm like, dude, no and no and no.
We don't have any information.
We used to, but now we don't because it's pointless, dude,
that get in and prove it, that you can be profitable in a demo account.
Once you do that, then worry about the brokerage.
You have plenty of time to go look up brokerages on your own.
We're not teaching you about brokerages.
What is a candle? Who cares?
It's who cares what a candle is?
Who cares what the open, the close?
Who cares what the body, the wick means?
None of that matters when you first dive into trading.
And you'll find out why if you join us.
That's all I got to say.
Troy, back to you.
That's it, man.
Just join us and we'll have a lot of fun together and make some money together.
So love it.
Love it.
We'll always enjoy having you guys on.
So thank you so much just for being, again,
something that I can be proud to bring onto the channel.
Like it's you're helping people out.
And that's the reason I've had you guys on so many times.
Every time Mike messages me and he's like, hey,
we've got something new for your community.
I'm like, hey, I just send him my calendar link.
I don't even ask him.
I didn't really even ask him what we were talking about today.
I just sent him my calendar link and said, you know what?
Go schedule.
We haven't had you on for at least a few weeks.
So let's bring you back.
So I appreciate you guys very much.
Thank you, audience.
Thank you guys for watching each and every day.
I think we ended up with Twitter live has been blowing up.
But I think we had a total of like 450 people watching.
So appreciate you guys.
You guys are awesome.
Thank you so much.
God bless you all.
God bless you, Troy.
God bless you, Mike.
We'll stay in touch.
God bless America.
Yes.
Yeah, you're right.
You're right.
It is fourth of July week.
So yeah.
God bless America as well.
So I hope everybody has a great rest of your Tuesday.
Hop into the free program and we will talk to you later.
Bye bye bye.