Going live with The Midas Touch Trading Group to talk about how a common man can learn and get into crypto trading and potentially adding this into his income stream! This could be highly lucrative options for those who are interested and keen to learn about it. This is not a get rich quick scheme nor financial advice!
Hey everybody, this is James Pelton.
Um, we are here today. We're going to talk about uh, we'll talk with crypto mike about
Uh some trading crypto trading, um, we're waiting for him to get on
I had a meeting that bumped up right up to this one
So I was not able to get him the link in a timely fashion. So this is my fault again
I'm a bad youtuber. Okay, we'll just we'll just face it
Uh, it is it is what it is, but welcome today
Go ahead and hit like as we're going even if you're not sure if you like it yet
Sometimes it's weird to ask for likes before you see the content, but I appreciate just take a leap of faith
So this is going to be great content that you love that is super useful
um
Just take that leap of faith hit the like button and comment, uh down below
Let me know if you've ever taken a stab at trading
Okay, let me know what your trading experience has been
And also let me know how your bear market experience has been
Okay, we do got let's see bring on
Crypto mike here. Michael. Welcome. James. What's going on, man?
We also got mcneely here
And we got chance. So we got a full house here today
So again, i'm very excited about this one. Um
You know when you look at the bear market, I know that everyone has been having a difficult time
Okay, we've all been losing money
We've all you know income streams that were there through the bull market where we were sitting sitting pretty
People were quitting their jobs. They're like hey strong nodes are going to support me for the rest of my life
um, and then just everything kind of has kind of collapsed right and
People are not making the money that they once made
So again, i'm always looking for ways to make money through the bear market and what are some actual revenue streams and I think trading
Could be one of those so that's what we're going to talk about here today
So hit like button, maybe we'll start with some introductions before we kind of jump into this
So let's do it. Uh, let's start with michael and then we'll kind of just go around the screen a little bit
But michael quick introduction before we jump into
today's topic
Yeah, hey guys, uh crypto mike, uh on youtube from before I I kind of got out of crypto because I was getting wrecked in defi
Uh, I was trading the whole time mainly bitcoin, uh, mainly crypto
Uh ethereum bitcoin bitcoin was probably the primary trading, uh asset for me and then I
Quickly moved over to forex once I dabbled and I stuck a toe in it and I was like, I love this
I don't have liquidity spikes
So for those of you that have tried trading and you get this bitcoin, you know wick that just takes you out
Yeah, forex is just a different beast. So that was a few years ago
And I was kind of crushing it in defi. Uh, james
You kind of know my story with getting a few of these projects. We're making upwards of 15 000 a day
Um in some of these projects getting in early i've done a 200x and multiple projects actually but uh help start emp
Uh dot money so that was an awesome
You know project as well still is a shout out to aj and the whole team over there
And then basically I stopped and I stopped because crypto
It was just wrecking me left and right man. I was just so tired of it. And the only thing that was consistent
Was my trading in a specific style of trading?
Uh, we'll get into that but this specific thing that I learned
Uh really changed the game for me and allowed me to become
Consistently profitable and now i've helped hundreds of other students. Troy is one of my star students turned
A community partner now, so he's in the community minus touch trading group. Uh, we got the shirts to rock it out. There you go
and um
And now we're helping other people learn this easy system
Actually, it's coined like so easy so easy. My grandma can do it because actually she did do it
Um, and I have the video to prove it and I know uh, james
We kind of talked about that a little bit, but yeah, there are just easier ways to to view the market
So i'll let troy kind of introduce himself, uh as well
Uh as uh, you know the star student over here. Tell them your journey brother
yeah, man, i'm i'm kind of like mike, uh got burned by a lot of defi projects and
I I wanted to
take
My money in my own hands. I wanted to take control of it to where I
I could control the outcome more right because I was tired of giving my money to somebody else and then just going to zero
I'm sure all of you feel the same way, right?
So that's when I started learning more about trading
went down that whole road of
Learning and losing money and then I came across mike, right? Mikey mike
And the way magic mighty brother
Yeah, magic mike. So the way that mike
Is he's a very excellent teacher by the way
but
His strategy basically dumbed everything down for a dumb guy like me, right?
Like i'm just I need stuff to just black and white push button here sell button here
Very easy to understand
And that's what mike brought to the table for me and I just started studying him like we weren't even friends
But i'm just like in a group with him. He's just kind of teaching people on the side
And i'm just watching his videos and and learning
And studying and practicing and doing exactly what he's telling us to do
And I started winning
I started winning more than I was losing
and I was able to
You know double my account right and i'm just like hey mike, uh
I doubled my account just following what you told me to do and
I just want to let you know and you're like
Wow, that's who is this guy asking all these questions and following me stalking me. Yeah, so i'm I mean
Let's back up a little bit. I'm a i'm a paint contractor. I've got a couple other businesses real estate stuff
So I I have a good living have a stream of income coming in right now. That's that's great
But I wanted to figure out a way to make more money instead of going out and buying like rent houses and stuff like that
I wanted to find a quick easy way degenerate way to make
Big gains right like everybody else
So that's what really really got me into trading and i've been able to make it successful
To where like now I can actually help other people
Learn exactly what I learned from mike in a different way
It's amazing. Um, and funny turo says that's the main problem with defi
You have to give your money to someone else and hope they will pay you something you take control when you learn to trade for yourself
um that definitely that is attractive because
Um, we do even you know, I interview project founders and they have a good business plan and they seem like nice people
but then
You know, once you give them your money, it's kind of out of your control
You don't you can't control what they do with it. You can't control if they make good choices
Um, and so I do like that about trading that it's actually you're in control if if something happens
There's no one to blame except for yourself, right? You're the one that did
Did uh did everything?
Um, mike, can I ask you so are you losing the crypto mike nickname? Is that is that done and gone now?
Yeah, michael k is my name michael kaufman, you know, so with with I mean some people know me as crypto mike
I'm, just not having a crypto channel be relevant anymore in my life not relevant, right? So
Um, really the main thing for us is the Midas touch trading group community and you know, very organically built
We haven't even started running ads for this yet. It's still like you get all of me in my time, you know
So that to me is like a really special thing
Um that I i'm for as long as I can i'm going to give my one-on-one time for students that come in
And you know, I I think um, I think that's really important because there's not many, you know teachers out there
Uh, whether it doesn't matter who you go to a lot of them just don't have the time to give to you on a daily
Basis, so you're not one-on-one
And i've really been able to do that. I've seen so many results
I mean I can show you I have literally hundreds and hundreds of posts in our group for um from account successes
You know like having a winning we call them just a win so posting their wins and to me
Like that feels good to be a person who can bring something to table to change other people's lives
So to answer your question, yeah, I guess I am kind of losing that
Okay, and then one more question before because I think a lot of my people are in defy. Okay
So are you have you guys turned your back on defy?
Are you saying hey no more defy for us or what's kind of your position on defy right now?
Yeah for me, I love defy. Um, i'm gonna dabble
Carefully i'm already in some projects right now, you know that just long I was in the richard hart project, you know, so i'm in um,
You know, yeah, so i'm yeah, I kind of took a hit but it came out it did well I I
Yeah, you know got some gains and I sold some and did what i'm supposed to do. I'm not stupid
but I just think
In general
If I if you told me to choose right now 100 defy or 100% trading, there's no question i'm going to trade
Okay, and then three before we get into what you guys are offering. Sorry. I've got my agenda first year. You're good. Yeah
three
Three I think hesitancies that people might have before they jump into trading
Um, so first question is how much capital do you need on hand to really give this like the old college try?
Yeah, I would say look I mean and troy you can give your opinion too
But i'm going to just tell you what it is
If somebody is coming in here with a couple hundred dollars and they're like i'm going to change my life
That's just not how trading works. It's not a d5 project. You're not going to thousand x
Consistently. Okay, you might thousand x I mean you might but george george soros
Known as the man who broke the bank of england made a billion dollars on one trade
And his trade was not a billion it was it was much much less than that
You can do your research, but he literally broke the bank of england. That's like his his what he's known for
um, he shorted, um
Anyway, so like you can come up really big on one trade. But what we teach is how you can make
Significant consistent gains, right? And so what I say is like look
If you're going to come in with a couple hundred dollars, I would just save your money spend your money
On education and educate yourself. Okay get to know this market and have somebody that can teach you. Um,
Like somebody has time in my opinion to teach you as well
Don't just buy an educational course because those are like a dime a dozen you do not need to spend money
You can go to youtube and learn 99 of all of that stuff for free. What you need is a system
A money-making system and you need it to be proven
And you need it to be to where your questions are answered and you need to be
Surrounded by people who are using that system as well
That's that's the fastest way that I believe somebody can go from zero to success as far as the amount of money
I say minimum amount of money to get started in trading
I mean i'd say a thousand dollars would be like your minimum
But don't expect to get rich off a thousand the more you have in trading the more those small consistent gains daily
Okay are going to be meaningful
James, you know, what is two percent compounded on five thousand dollars over one year daily if you compound two percent on five thousand dollars
What's the what's the end result?
175 x okay, there's 175 x okay
So like could you do that?
Yes, but like, you know to make two percent every single day market for forex is only open 20 days out of 31 30
so, um
Anyways, it's not expected. So that answer does that answer your question?
Like the more more capital you have the more you're going to make but you're not focused on making big chunks
You're very focused on making like small one to one to ten percent a day and ten percent would be insane
Yeah, well, and you might look at it if you're starting with like 500 bucks or a thousand bucks
Don't look at it. How can I go from a thousand to a million?
But look at how can I get from a thousand to two thousand or five?
Yeah, or five k because you can be aggressive with these smaller bags and try to get there quicker
You know, that's what troy did troy and I did seven. Uh, how much did we do 17 percent in five days?
Is that right? It was like 36 or 37. Oh, so we did more. Okay, but we went aggressive on his five
He did a 5k challenge that has now turned into what you know
Uh, we're going to offer to your community today, which is the four-day trading challenge
and so what we did was we took what we what we took what we did together and we
Reformatted it and it's freaking gangbusters and insane, but we'll get there. But yeah, okay
Okay, cool. So that answers that um second off if someone has zero experience so like myself, I don't have any trading experience
I have some bot experience but no trading experience
Is this something and I think what's one thing that's held me back from doing?
Things like this is like i'm starting at zero or maybe even negative. Yeah
Unlearn some things. Yeah. Um, will this work for someone that's in that position?
Yeah, i've ten ten thousand percent. Yes
Um, and here's the beauty james is that you're gonna do it
You're gonna come with us. You're doing the four-day challenge
That's the plan. This was a surprise for my audience. But yeah, i'm making you brother
Yeah, I just kind of told him before we got on because it's something i've been wanting to do
We put it together kind of surprised you I know but like I need you to do it man
Because once you go through it
You're gonna just be floored how easy it is
It really is easy like you don't need to know a lot of things that people think they need to know
Um, even things like lot sizing what is a lot?
Oh my god, it's just like when you're trading bitcoin. They use this thing called leverage, right?
And it's like oh i'm either 2x leverage or 10x that's so much easier to understand
Than lots and lots change
For different pairs and like it, you know
So we have like broken it down when I tell you like it's so easy that my grandma can do it. I'm not lying
It's so easy. My grandma can do it. So like you don't even need to know. Yeah, actually, uh, troy
Did you have any experience before you came in trading forex?
um, not really man, I mean
I you know, i'm like everybody else I get on youtube and there's like a million different strategies and they're
You got to do this and you got to do this and this and this and if that happens
Then you take a trade right and then it wouldn't work still and it's like okay
Let's go find another strategy that works
so
yeah, man, it's
Okay, I got a better one. Sorry. I don't mean to cut you off but chance. Are you here brother?
Are you here here? He's like, yes, i'm just i'm just hiding in the background. Okay, cool. Cool. All right some of you guys
Um, actually nobody in here, uh knows who is lurking. Let's let's reveal the lurker. Okay, so so chance is um,
How would I describe first of all? He is a marketing legend
Uh, this guy was just uh hanging out with grant cardone the other day
he sold over 60 million dollars through click funnels through his
uh course and he owns a company called abundance.io where
um
I mean i'll let you talk about a little bit more but it is just basically changing lives
It's how you live in abundance through different
Uh avenues in your life that you're going to take to get to this place of abundance and he shows people
Through their um character and who they are what path to take
Uh to get to make money every month. So he has his own projects amazing and chance
five days ago
We started a little
Thing you and I a little trading thing. We recorded it. I got to put it together still, but we have the video footage
Did you ever touch a chart before we jumped on?
No, I mean back in the day was trying to figure out how to trade crypto and had like nine thousand indicators on my screen
and it was just like so overwhelming and
Anybody I was learning from always had like a different theory every day
And it's like a lot of those traders got lucky once and made a bunch of money and then started selling their
Knowledge to the world and it was just really frustrating. I mean I lost over a hundred grand with a mentor
um
Was paying for like a 10-month program?
Never panned out
And was just so confused and so frustrated because I knew that this could work
um, and I i'm a smart guy, I mean i've built multiple eight figure businesses like
And I was just mad. I'm like there's something wrong with me. I can't figure out trading
and um, so then when I you know started working with you a couple weeks ago
You're like dude. I'm just gonna make this stupid simple for you. And I was like, please I would love for you to do that
And just by you showing me the zone support and resistance and then just seeing like the pattern
Of like the gold usd pair. It was just like holy smokes. This is so simple and within
A couple of hours to kind of go through your videos and working with you
it's like made my first trade that I made was a winning trade and I knew exactly when it hit my alarm and it went
off and I placed the trade and I got out and
It felt really good. So yeah, i'm excited about it and only happened to spend, you know
I had other friends that literally spend
You know 10 hours on the computer and their eyes are bloodshot
Their wives have left them because all you trade all day long. I'm like, I don't want that lifestyle either
and
so when you're like, yeah, you know spend like an hour or two a day just kind of figuring out your zones for the week and
then just kind of
Pop in there. Look at it place trades and
It's a lot easier to a lot easier way to go about doing it
Yeah, that was actually going to be my next question
So so you don't need a lot of capital maybe 1k you can at least get started. Give it the give it the college try
Um, you don't need any previous experience. I was going to ask one thing that's held me back personally is
The amount of time it takes, you know
I just don't have a lot of free time and so it's like
And i'm not going to be able to give it like as much
Of my focus as I think other people might be able to so is it something that you think I could still be successful?
In like how much time?
Daily do you think you need to put into something like this to get some kind of success? Yeah, I think it's I think it's uh,
One of the three secrets that we teach right? So there's a time hack
that we teach
Um, you'll learn it if you go through the challenge
You will learn it and it's what the master traders do
To where they set it and forget it
You actually don't even have to look at a chart for more than about 10 minutes a day
You do have to spend a little time in the mornings or afternoons depending on your schedule
um, just taking a look at it and you have to be
Um proactive we'll just say you know when it comes to trading. So what does that mean?
I mean setting things up in advance to where when your idea starts to play out and I can't go too far into this
But when it starts to play out you have an alarm that goes off you're going to know you're going to be active
How long do you spend troy?
Tell everyone how long you spend on the charts daily
Uh, maybe 20 minutes every morning. I wake up come down get a cup of joe sit down
Check my charts and i'm only looking at like one or two pairs too to keep it really simple because like you guys
I'm an entrepreneur. I've got two other businesses I run. I don't have time to sit here
So I just make sure everything's good and set my zones are correct set my alerts and then I hit the road
Yeah, so really the actual trading is like less than 10 minutes a day
Okay, perfect. No, that's good. That's all those were all my objections
So and let me tell you something else with that. Okay for for the time thing just real quick
Like there's there's a difference between scalping
Okay scalping you got to be there if you're gonna trade on like a five or one minute and be nutty
Then you just you're gonna be there. Okay
Um, but that's not what I teach
I teach you can use what I teach to scalp troy. He's made a lot of money scalping. Okay off of what we teach but
but it's the
fundamentals and the thing that we're gonna
Talk about to kind of get started is for people who don't want to spend a lot of time on the charts because for me
Brother, I have a family. I have two kids. I you know, i'm a father first
So like me staring at a chart all day
everything you just listed the bloodshot eyes my wife going crazy at me like yelling at the kids because i'm trading while i'm driving with
The kids in the car i'm like shut up and i'm like losing right all those things i've been through
Um, and so I learned that's not really for me. That's not what I love. I'll do it
I'll make money, but it's not what I love
Okay, very good and funny tarot says james needs to make a new row for trading income in his stable income spreadsheet
That would be amazing. Honestly, if I could uh, if I could do that
Um, well, we also have like a secret weapon
as well
Okay for our trade for our trading community. Yeah
um one other one other question I had to what uh
And maybe this is digging into it too much because I want you to present what you guys are doing
But what kind of percentage of winning trades?
Do you try to aim for because you obviously you don't win a hundred percent of your trades, right?
Okay, so a lot of people hearing this that know anything about trading
Or actually, let me let me say a lot of people that are listening to this that might know a little bit about trading
This will be a turn-off. You will you will probably be like, oh, I don't really I don't believe this guy right now
Anyone who actually knows about trading you guys will probably say okay. This guy knows what's up in the chat
So as far as like wins and percentage of your wins, that's not what we focus on
So as long as you're winning literally 40 percent of the time with our strategy you're winning
You're actually in profit now that might sound retarded and those of you who don't know trading
You're going to be like this guy doesn't know but if you know what i'm talking about
our specific strategy where we're hedging
You only have to win 40 percent of the time
And you can actually win less than that and still be profitable. So I don't go for a high win rate
I think 50 to 60 percent
would be
where i'm, I think i'm at 57 percent for last month, but it was kind of a rough month for me, but like
Uh scalping and whatnot like, you know, 50 percent man
That's that's like the number to kind of get to as far as for me
Okay, perfect, um, i'd love to know from the chat from the audience what are some of your hesitancies
Before getting into something like this before getting into crypto trading again
I just went through kind of my main four for myself, but let me know if there's any others. Um one
from arvin
Um, he says it looks interesting, but i'm so scared of too good to be true and people using the word brother too much
um
Understand if the strategy is so successful why selling the course why can't why not compound your money? That's so funny
I was just saying that to troy before we got on didn't I?
I was like one of the first things that I would ask would be why would you give back?
You know who gives these days everybody just takes man
Dude, I um and brother listen, okay, brother. Listen, first of all
Okay, um, no the reason why we're doing this honestly is just because I love teaching i've loved teaching since I had my crypto mic
Channel on you know youtube and all that and it's a passion for me. I like to see other people succeed
I mean, why does chance sell a million dollar 60 million dollars worth of his course to teach people how to be successful online?
Why do you do it chance? It's just like a passion
Why do you teach people crypto when you could be you know, it's to ask why is just silly
There's enough in this market. It's a multi multi trillion dollar market
Um forex in general and especially just pick a pair
I mean gold in general is like trillions and trillions of dollars just with the gold market alone
And it's not too good to be true
Yes, we found a strategy that works but but make no doubt
There are still people out there that come in and they half-ass it and like you still have to be focused man
So yes, you can learn this and i'm telling you guys it is a lot easier than learning
Uh trying to learn like a million different indicators and learn on your own having a mentor
That's what I had. That's what changed my trading journey personally
um, so
You know now giving back and and seeing other people win is amazing
It's a good feeling and you know, it is beneficial along the way too
It's another stream of income for me
But now I get to trade teach make money put it back into trading and then start over trade teach put it back
You know, so, uh, you know, it's a side hustle as well
Yeah, no, I totally agree
there's well and it's like you there's a certain point where it's like money is not everything and
Like giving back to others teaching others the fulfillment that comes from that. Yeah, um is like
I don't know. It's a needed part because yeah totally when I sold my business
I could have just sat and watched netflix, you know all day every day for the rest of my life probably but I did that for like
I watched two movies and I was like man. I gotta do something else
I gotta and sharing with other people is just it's a really fulfilling thing
Yeah, and by the way, like i'm always skeptical. I i've been burned. Oh, man
I have been burned so much. It's ridiculous. I've been burned in trading by a broker
um, so I know the feelings of of all of that and so yeah
i'll uh
Is that another question popping up?
Yeah, no, he's just saying some people teaching others is more passionate than making loads of money. Yep. Yeah, it's true
And like i'm a christian guy as well so like part of my life is
You know giving back and just helping other people. Yeah. Yes. Amen
Amen to that. Jesus says makes you happier to give than to receive. So yeah, it does
Um, richie wants to know how long does it take to understand the system before you do your first trade?
Yeah, so i'll let troy take over here or chance they went through it. Um
That's why we have the free four-day challenge in four days
You will know how like literally spending four hours on this you will know
When to place a trade how to place a trade
and usually the strategy to where
no matter which way it goes you still win and I won't give the secret sauce away, but
uh, mike's gonna share a little bit a little bit about that in the beginning, but
Yeah talking about giving back. It's like that's why mike put this together is four-day challenge. It's a free challenge
or I think we can also charge a
Dollar, I think it's a dollar for four days
and uh, it's expensive really just to see if
If you like it, like if you like it, you understand it fantastic
Go rip it. If not, like, you know, no worries and it took months to put this together for you guys
So that just shows how much mike cares about people and and getting them up and going
Yeah, maybe let's do this. Let's audience keep the questions coming and i'd love to hear
You know what's holding you back? Like why do you not want to do this? Why do you not want to do trading?
Why do you not want to do this four-day trading challenge?
But maybe can you walk us through what is this?
Trading challenge. What is this going to consist of?
What is it exactly and i'll share my screen too with the uh, the website there
cool
Um, so the four-day challenge was hey, I know that guy what a good looking, uh, spokesperson you got right there
That's good. Um
So troy and I
Did a 5k challenge. He was all right. Let's back up. He told his story
He was just asking me question after question. I was like, who is this guy?
I hit him up and just started to get to know him and such a good dude
I was a family and like we go to the same church. We both go to life church
So like we kind of have a lot of things in common, right? He's a singer
I'm a singer he played, you know, he played in a christian band and led worship at a church. I led worship
I was just all these things right? And so I said, hey man, like I don't want to burn you by any means
But if you're really serious about this
What do you think about putting five thousand dollars of your own money
And i'll record it. So what i'll get from it is like, you know your testimony
And he said, you know what?
Sure, man
So we did this little 5k five-day challenge to see how much we could make with real money in five days
And it's it's been a minute. It's been like what four or five months ago. We did that challenge
So I forgot but I guess we did like 30. I've done a lot of other percent since then so
Um, not just me but students and i've helped other people do this as well
So I just kind of forgot but I even if we crushed 10 in five days, it would have been a huge win
but I guess we did a lot and that that's what stood out with troy is like
Every move that I told him to do and make and task to complete he did
So as the months went on
you know, um
We decided you know what we should do this for other people and like roll out a challenge but have tasks
and things for them to complete so it's not just like
Given to them, you know because it's just different if you if you give a man a fish, right?
What's that saying? Give a man a fish he'll eat for a day
You teach a man of fish to fish he'll eat for the rest of his life
So the idea was to do this challenge and create a four-day sprint, you know
And get somebody completely set up that didn't know anything about it from zero literally
Literally you james from zero right and then at the end of it
Uh get their testimony and that's the idea with this challenge you go all the way first three days is set up
And all that fun stuff with it's just kind of a little bit more tedious
And then the fourth day is where we take it all we wrap it up. We combine it
Into how to put it all together and then what you're doing at that point is you're deciding is this right for you?
Is this something that you want to continue your education on and if so, we have something incredible for everybody in your community
Okay, no, that's awesome. So do you how much capital do you need to go through the challenge? Maybe that's a good question
Yeah. Oh, it's kind of expensive to be honest with you. Troy. You want to roll that out? Yeah, so I never
Advocate anybody start trading even you james with real money
But to go through the challenge he asked specifically oh one dollar yeah, it's a dollar james
Okay, it's a dollar to get in and then you you kind of use test money during the challenge. Is that the way you do it?
Yeah
Yeah, we use demo money. Yeah, we we never have somebody set up a live account from jump, especially if they're brand new
You're gonna prove it in a demo. You're gonna see that it works. You're gonna have wins right away
You're gonna be so excited. You're gonna be posting in the community. You're gonna have other people posting. It's fun, man
It's like it's it's awesome. And then at that point if you want to continue the education and a mentorship
There's something for everybody. So at that point but to go through the challenge it is uh
It's a dollar. Yeah, we're literally pulling back the entire curtain and showing everybody how to start trading how to set up your account
Showing you are the strategy like everything for a dollar like right seriously
Join, okay
It's gonna be fun. Yeah, so this would be a great way to kind of kick get kick the tires
See, this is something that you're interested in. Um, and again for people who wonder why do you charge a dollar?
That's basically just to keep out
bots and people who have absolutely no interest in actually doing it but
You know when you charge just a dollar and you have to put in some payment information that keeps out
95 of the scammers and spammers and bots and things like that. So right. Um, no totally so let's see you do it james
I'm going to do it. Wait, can I can I read your life? Yeah, it's live brother. Let's do this
I'll go ahead and register live now. My anniversary is august 8th. Oh my gosh
Don't worry. They're uploaded
Uh
Actually, that's fine
I have it. It silences all calls from people. I don't know so
feel free to try to call me but
Um, let's see. Okay, go to the next step
There you go
You can pay with paypal
Make it easy
Share your paypal information with the whole world. Yeah, there you go
You know what i'm gonna do i'm gonna use spritz if you ever use spritz
No, mike, um, you can fund a card with crypto
But here i'm going to take it off the screen for just a second. So yeah, probably a good idea
But not everyone sees it. I'll bring it back up when let me bring up some questions while i'm signing up
Go ahead. Um, let's see. We've got
So k soon soon's hesitation is that everyone says they have the secret sauce and most just don't what would you say to someone?
Who's been burned by experts or things in the past? Yeah, man. I've been through it
I've been through it. The only way to know is to pay a dollar
So
You know, everyone does say that but not everyone but yeah, pretty much everyone even when you do have the secret sauce
You're proud of it. I mean, I know like even my mentor. He's he tells people like I know the secret sauce
I'll tell you what something. Uh, what is her name case soon soon. Okay, so, um
I'll tell you what I learned. All right more than anything
Um, because there's a lot of ways to like they call a skin the cat, right?
There's a lot of ways to make money in trading. There is not just one method
Okay, anyone who tells you like there's just one method they're lying
um, so my my response really would be like
you know
There's a golfer. This is kind of like hopefully you guys stay with me. Hold on. Let me just back up
Do you like golf? Do you like golf? Okay, we love golf in the minus touch trading group
Okay, I love golf. Troy loves golf. You don't like golf. Don't sign up. You're not invited
Uh
So look, there's a there's a golfer. His name is mo norman when you get a chance youtube him mo e norman
He's the best golf striker of all time
in fact
All the greats including tiger woods used to like huddle around him and watch him hit the golf ball because it's flush
It's perfect every single time he went six years
On tour he's from canada
without
uh
With uh, not going off the fairway, right? He was six years
Without hitting a bunker or being off the fairway
he
Stuck with one swing. It's called the one plane swing and guess who taught him nobody
He taught his own self
so the point to the story is like
Look, I think what I learned more than anything is like grab onto something
And just freaking write it and and stick to that one thing
And if you have somebody that can kind of like excel you to get you to that point a little bit faster
To something that you didn't know about or you didn't try
But if you like it stick to it
That because I bet mo norman he I mean his hands are like all worries
He's not alive anymore, but they were all calloused up and he's like this is from hundreds of thousands of swings
That didn't go right now. I wonder if he would have swung like a regular golfer and by the way
Like you'll see
Uh, if you do look him up, okay, you'll see a clinic. This is where he hits like 500 balls
And just talks about his swing
Dude, he's telling you and he's telling the person that basically like these other golfers have it wrong
All the greats have it wrong. That's how much he believes in his strategy. So like when you got the sauce
You believe in it. You got to have that confidence. So, um, I hope that's a good way of explaining it
But i've been told that a million times, but I know what i'm doing. I'm the secret guru
I don't try to be a guru man. That's why I just show it. Uh, it's either for you or it's not
Yeah, nope totally got you and I am I am all signed up so and i've got the uh dates added to my calendar
Did you check your email? Did you get the email? Did you get the text? Did you get the whole email? There you go
Oh, I got the text message, too
There you go. We care man
We just a friendly reminder to complete your action items for the four-day challenge
Check your email access the course fuel up with the start here fuel up video. Yeah, let's do this together
Yeah, baby, so very cool
Yeah, fill that out and come on in show the community what it looks like real quick
All right, just so you can get an idea because it has a course outline in there, too
James once you sign up it has a course outline so you you can actually see the entire course there
Okay, let's see
Yeah sticking to one thing. I mean so many people are distracted, you know, that's the next shiny object syndrome
Uh, one of the reasons why I got out of defy
is like um
The next project that would come along I bet this is the one this is the one this is what
anyways
Yeah, brother. So so go on up to the top and head into classrooms
And troy actually is the designer here. He he kind of put everything together
So troy you got to accept him in the group first, I think
Yeah, once he accepts you then that'll unlock and that four-day challenge you'll be good to go
Okay, and there was a little uh, I already had an account
Oh, so my four-day challenge might not have got connected to it when I say refresh your screen
Let's see refresh my screen
Command r there we go. Look at that
Don't you like it when it just works? So yeah over on the left. It's like a little introduction video. We shot that earlier today
Uh just for your community man and like you can kind of open those up as you go down and that's
That's sort of we're keeping the dates hidden the days hidden. Excuse me because we haven't filled those videos in
But you can see that there's already action items as soon as you sign up
There are tutorial videos that are step-by-step to get you ready for the challenge. So on day one
You're set up you're ready for that challenge. It's it's a lot of fun. Okay, it's gonna be it's gonna be very cool
Um couple more questions we got from the audience which audience keep them coming any hesitations or you know, mike mike loves all of them
So yeah, let's see
I'd like to know how long does it take to trade in the winning way that makes real profits consistently? So troy how long from
Being a complete novice to when you're actually starting to make some significant money regularly
so what I recommend everybody do is start with the demo account and
to exit
right
and once you do that
you'll have
Very good confidence to take now a live account
With however much money you want to start with and we probably recommend a thousand dollars
And then start using that same strategy you did with the demo
Right using the strategy that we teach and we're gonna we're gonna unveil to a lot of people if you join the challenge
um
For some people it's going to click
Extremely fast like just in four days. Some people might take a little bit more time
Um, but once you get the general idea and knowledge of how this works
It's so simple like mike's grandma even he's got he literally has a video i've seen it
His grandma's literally showing where to take trades right freaking nuts and she's winning
I don't even know what she did on her account, but it was like there's freaking bananas, right?
so
You can you can be very profitable very very quick if you just put in the work
And study this and just stick with one thing get off youtube. Just come in here join us
And watch what we're fixing to teach you guys and and stick with it so not very long like I don't know
It took me probably I would say realistically
um
A month to two months to double my account
That's insane. Once that is not expected. That is not expected. That's not even in the realm of like
Expectations i'm just letting everybody know if you're doing
Anything 10 north of 10 you're just absolutely crushing it. Okay
So look, I want to I want to give an answer to that as well. I'm gonna say one year
I'm gonna say one year and the reason why is because that's if you do not come into this challenge
Or if you keep doing what you're doing
If you're here questioning it, then you're not a consistent trader
You're gonna probably take a year to learn one thing like study one thing if you have a coach
It's like james go learn the guitar brother. Do you know how to play the guitar? Go learn a little bit
Okay, fine. Go learn how to really play it then go learn piano. Go learn something else
Then it's gonna take you how long is it gonna take you to learn it on your own on your own?
It's gonna take you a minute, right? Yeah, even with youtube but like
With a coach with a solid community. That's what troy was wrapped around. He had at least we had like 180 members
With with troy in there. I think you were like part of the first 50
I'm, pretty sure you're part of the first 12 actually
So like he was surrounded by everybody else and we're all like humming the same strategy same post
So I think I think it speeds up your learning curve
And that's why it's like a month you go from a year to a month. That's insane
i'm one of those guys that like when I find something that I like
And it actually works. I just get like super obsessed with it
Like I don't know if anybody else is that way so it was like it's all I wanted to do just learn this
I actually was able to understand it and it worked
Right, well and we've been a part of so many things that haven't worked where it's like, you know, you talk about 10
I'm, just happy if I don't lose all my money, you know, that's I would consider that a win if I just don't lose it all
Pretty easy to uh to please there
Um, here's a here's a good question from retro nuts
Is it one of those courses that entices with a bit of knowledge for a dollar?
But then you have to hand over stupid money to complete the course
No, it depends on what your stupid money is right if it's 20,000 i'm just kidding. No it is not we're giving extraordinary value
um, and i'm trying to show you guys really behind the curtain during the course now, um,
You know i'd be lying if I said you're gonna go through this and then that's it. Bye guys
No, we're gonna try to you know, have you guys come into a community and stay with us?
Uh, but that doesn't mean that we're gonna sit there and charge you stupid amounts of money to do that. It's ridiculous
Okay, and funny tarot says i'm in mitis touches inner circle and loving the learning environment they pay me to learn and
He loves okay. He gave away a little secret sauce there. But okay, that's cool, man. Yeah, toro. He's he's loving it. Awesome, brother
Yeah, um, there's something else
Should I reveal it now or like no?
No, okay. No, we'll reveal it if you sign up for the course
for the challenge
We'll reveal it then there's a there's a big surprise if you sign up there's something pretty cool that we have that makes
um
Learning a lot of fun. Yeah a lot of fun. Yeah, and I think
Here's the deal guys like you pay a dollar you come in
We're gonna show you the strategy like we're not gonna like hide anything or just show you little bits and pieces of it, right?
But if and if you like it and you want to continue on your education with us
And you want to work closer with us
Yeah
That's gonna be that's gonna cost a little bit more money, right? We can't do that. That's the inner circle
That's what he's talking about. Yeah
and that's where we actually go in and
You know, you're like amped up to learn more about it and like get help like when you're struggling. So yeah
Okay, awesome. And soon soon says okay. Okay. I'm in. Okay. Good. Just do that
Do it soon soon. Come on arvin says I will sign up for the challenge. So good to have you arvin. There you go
Um, richie says would love to do this, but it's 6 p.m. Each night my time a lot going on
Hey, don't worry about it. Richie. Hey sign up. Anyways, brother
We got recorded videos that we're gonna drop in there
So you'll get it all the videos are gonna be in there for a week only
But it'll all it'll be in there. So do it
If that's the only thing you'll be able to watch them later on your own time
That doesn't mean don't don't show up guys. That doesn't mean don't show up because I need you guys there for questions
He's here
let me
Tell you guys i'm from coaching over 35 000 students like it's never a good time
There's always ---- going on life is never gonna get easier life is never gonna get
uh
Like less crazy
You're just gonna get better
That's it. And here's a secret and a way to get better at your finances
And get ahead of the game so that six o'clock isn't crazy anymore, but it's like you got to make
the
uh time
commitment
To change the way that your days operate because if you keep doing the same thing over and over and over again
I expect different results. That's the definition of insanity
so
You guys know that it's like if you really want to change your financial situation really start making serious money
Set aside an hour to hop on here with mike. It'll be the best time that you invest your entire day
Okay, there you go. There you go
Um, we we had someone else got asked about that too. Will there be replays as people are in different time zones?
We do have some like, you know, europe or australia or things like that where it's middle of the night. Um,
Will that be available? Yes
Okay right there in the school group. Yep. Yep, but it's but strongly encouraged to attend live
Okay, don't it's not fun if you guys aren't there
Yeah, and don't use the fact also too a lot of times people say
Oh i'm gonna watch the replay
But then never get around to it. Okay, and so I want to encourage anyone who's able to make it live
I want to encourage you you will get more out of it if you can do it live
Um, james will be there. I will be there personally even well, except the anniversary is the eight. No
You're not allowed. You're not allowed to be there. Yeah, we'll have to we'll have to see on that my wife might
Maybe she'll watch it with me. There we go. That's an anniversary dinner. Oh my gosh
Uh, I have to crush it a two. We gotta crush it choice. Yeah, that's right
Uh kurt wants to know what broker do you use you have a choice?
Yeah, I like envy effects. I have a couple brokers, but envy effects is kind of like my preferred
I know the owner tyler out of miami. I have a
At least i've had some phone calls with them
I know the broker that's more than I can say about any of the other brokers
And um, I prefer brokers that offer 500 to 1 leverage which um, unfortunately, you know, those are going to be unregulated
That's just that's just the way it is
I don't keep more than um a certain amount. That's my choosing you can choose your amount on any one broker
But i'm not worried about the amount I have on envy right now
And you can use any broker you have I mean if you have money anywhere you can learn how to trade right? Yep
Um, and then how long do sessions take on the challenge?
One hour so the first three well, the first three days is one hour
the fourth day is going to be a few hours just because
We're just going over a lot of stuff putting it all together showing you like behind the curtain
The fourth day is the most important day
Um, and then it's also the most important day because that's the real big q a day where we go from uh charting
to uh, full chart analysis to placing trades with the correct lot sizing and hedging
Because the naked hedge is the strategy that we're rolling out
um, that is uh, that in itself is a combination of zone trading
Specifically what we call zone craft, which is our own
uh
Identification of specific areas on the chart that actually troy
Helped me dial in over the last couple months
That's why it's just taken so long to roll it out because it was complicated and we wanted to just make it like super simple
So I told him if my grandma can do it, we'll roll it out and she did it. So
Here we are. Yeah, um, does the strategy you use work with most funded account rules?
um not
Uh, you can make it work. It's i've i'll say yes. There's the easy answer. It depends on your
Regulations, uh the rules for the funded account, you know, so, um
Most I would say yes, the answer that question is yes for most
Okay. Yeah in in the group, um, if there's specific questions, you know, you can address specific situations a little bit
Either that's the benefit of a group like that. Yeah, absolutely
Um, is there a specific reason it's called a challenge instead of a course
well
Imagine you go through a challenge that tests you and then at the end of the challenge
You know, you're going to be
Kind of asked a question right after you so imagine you go through this challenge and you have wild success
and you're like in love with this thing and you're seeing other people and you're like
I want to like take this to the next level. What's the next step?
there's your course and
We call it the blueprint but it's the naked hedge blueprint and it's just like
Everything we're teaching you and so much more and we've stacked on a ton of stuff for you guys
So yeah, we'll get there. It's at the end of the challenge
I'll ask you guys if you want to hear about it, but it's a special thing I put together for everybody in the challenge
Okay, very good. Um care to divulge the ongoing costs for continued mentorship education
Uh, oh so ongoing costs. Well, we have the blueprint
So we have different the blueprint is sort of like the what we would call it the course, right?
Troy we're gonna call that like the blueprint course, uh, but to actually remain a member in the group
Um, it's 47 bucks a month. Like it's nothing
Now that's if you want to purchase the course we're going to talk about that too later
you're getting a ton of benefits along with that but like
The big thing is just remaining a member in our group
And becoming a part of the inner circle is a whole nother beast
Gotcha, okay, and we got another michael says i'm in as well
So hey good name and someone has if your us used a foreign broker
you'll have to file an f bar if the count goes over 10k not a big deal, so and
Yeah, you guys will help help people out if they have questions about that. Yeah, no worries. Awesome
Well, hey, I think that's all the questions that we have. So again marketer. I love calls to action
So call to action i'm gonna say
Is go watch this wonderful video by james pelton here at fourdaytradingchallenge.com
Which is actually a pretty uh, pretty good domain name you got there
Uh, it's not bad just for you. Yeah, that's awesome
But yeah, go ahead sign up and then it's one dollar to and if one dollar is a challenge for you
Um, let me know i'll cover this if one dollar if you can't pay the one dollar
Let me know and I will cover that for you, okay
Yep
Now hopefully I don't get 10 000 people now asking for me to cover it for them
But hit them up guys hit them up is the one dollar. Let me don't get what you don't ask for
Yeah, exactly. You do not have because you do not ask
But go ahead and register here
You'll get an email add those four dates and times to your calendar. I will be there
Um except for possibly on the 8th my anniversary
Or maybe it's the 9th. Oh, no, I better I better say that. Yeah
My wife probably won't watch this. So no, it's probably good. Perfect. I'll look that up but
Um anything else from from you guys before we can guys anything?
We're an open book
All right
Yeah, james. Listen, if you have any questions or if you get any questions just forward them to me, man
I'll be more than happy to
Jump in i'll look at the youtube comments as well
You know if anyone has any questions, but look it's a dollar once you come in your family
Um, and we really try to stick to that, you know, this is a tight-knit family
We really do care about our community. We want the best for everybody here
Want you guys to get the best education and learn and walk away feeling like you really gain some serious value
um, this would be pointless for me to come on here and uh
I want you guys to be telling james how awesome it is and you should have us back and all that and
And just be thriving man
This is an area that I think is overlooked for a lot of reasons that you gave mainly the three
There's three main reasons. I actually have them in a webinar, uh that we created. We have all this marketing stuff because chance
Uh chance is like, you know the marketing gurus. He's like you gotta do this. You gotta do this
Anyways, I know that the reasons why it was the same reasons why I was like forget about trading with forex
It's too complicated. I don't understand. It's gonna take too much time and I don't have enough money to really make an impact
I mean, those are like the big the big deals, right? So, yep. Yep. Absolutely
Those are my hesitations and you answered those so i'm going to be a part of this
Um, we'll we'll wrap up there close down audience. You guys are amazing
Please yeah, thank you go sign up for the four-day trading challenge again
You might go through it and decide you know, this isn't for me
This isn't something that I want to do long term
I don't want to wake up and look at charts for 20 minutes or whatever the case might be but
I would encourage you to just give it a shot
And see, you know, maybe it's your thing. Maybe you've been looking for a side hustle, you know
I have a side hustle video. That's one of my most popular videos and it's like maybe this is your side hustle
Um, who knows this could yeah, that's how it started for me james
I just want to cover a couple bills man
and then
you know it turned into covering a couple of bills and then I
Wrecked my account covering a couple bills and wrecked my account
And then finally I I sat next to a guy who managed a multi seven-figure account for nine months
He won he he didn't lose less than 10 times that I saw
And he showed me what i'm showing you, you know everyone now, so that's how I learned from somebody else
Amazing amazing. Well, very cool. And yeah, thank you. Michael. Thank you. Troy. Thank you chance
Thank you guys for hopping on sharing this with you
Um, i'm sure we'll have you guys back maybe at the end of the challenge
We'll have you guys back just to talk about how it went and next steps
Yeah, thank you guys. Appreciate you having us awesome. Thank you everyone
Hope you have a great rest of your day and we'll talk to you later