A continuation from the first podcast after I got cut off from a phone call.
[00:00:00] Okay, new recording. I just picked up a phone call in the middle of that. I got to figure out how to stop that. I don't really remember where I was, but I'm going to end soon. Back to the group though. That hasn't been started yet, but I'm strongly considering it soon. January probably. I'll let everyone know.
[00:00:20] It would be email me if you're interested, I think. J-E-L-I-N-B-R-A-1 at gmail.com. Go to the website. It's probably going to be WhatsApp. We're going to have interesting thoughts about different markets. We're going to have trade setups. We're going to have more shared stories about analyzing why trades didn't work, why they did work, what to do better.
[00:00:47] We're going to have observations from other interesting people that I subscribe to that could be interesting to look at. We're going to have what I'm doing on programming and AI and GPT that can be helpful. We're going to get others thinking about what they can do.
[00:00:59] We're going to have a lot of work, what they can do. We're going to have a lot of work, what they can do, what they can do, what they can do.
[00:01:04] Maybe group books to read. Maybe some coaching stuff for people who are interested. Not like full-out one-hour sessions as much as private messaging to handle things that are becoming a problem and having more access to me than people do now.
[00:01:22] And basically being part of a community and building, being part of something that is more exclusive, that is more intimate, that is not going to have a thousand people.
[00:01:32] If prices just keep going up instead of people going up is how I'm thinking because I don't want a thousand people in a group.
[00:01:38] I want something that's ultimately getting a hundred people or maybe a little bit more. It's going to take time to build that up.
[00:01:47] Just to have, it might not take time. I have no idea, but just to get something tight and like-minded.
[00:01:53] And that might mean that people are, some people are dropping out at times or I'm removing people after they, six months is done that they're not a good fit.
[00:02:02] But others are coming in and it would be locked up for sure where when you're in, no one gets in and then six months happens and we let people in again.
[00:02:09] If you get out, you're out for a year before you can come back in and it's closed to keep people invested long-term because you have to invest in things to get better.
[00:02:17] I had a coach that I really learned a lot from and she made me pay for six months.
[00:02:21] And I was really glad because I was like, oh, I'm fine. I want to, I don't want to pay this because, you know, I'm not doing well, but I understand the lessons.
[00:02:28] And I was like, no, no, you need this. And you signed up for it for a reason and you get all of a sudden, yeah, it really built me up.
[00:02:36] And it really, I really benefited from that later, but I was forced to kind of have a long-term buy-in.
[00:02:42] It's kind of like when you go on a vacation and when you swipe your credit card every time you feel like shit.
[00:02:47] But if you just pay up front, you're feeling pretty good because then you can absorb the value and you don't have to worry about paying all the time.
[00:02:53] So that's the way I want to do it. So I have to think about what the exact pricing will be.
[00:02:58] I have an idea, but details to follow and all that stuff.
[00:03:03] And my goal would be to over-deliver.
[00:03:06] My over-delivery, if I can pull it off, would probably come in the form of being available a lot
[00:03:13] and being able to answer a lot of questions from a lot of different areas and handle and pull in the resources
[00:03:18] that are needed to be pulled in to figure it out and to help people with just kind of growing as a group.
[00:03:24] There isn't a distinct strategy like we do small-cap value stocks.
[00:03:30] No, we do wealth management.
[00:03:34] No, but we talk about wealth management sometimes and how to handle it as a trader.
[00:03:38] Absolutely, it's a topic that I'm interested in.
[00:03:40] I've done a lot of work on that.
[00:03:42] So definitely could be something to talk about.
[00:03:45] It will be one of the subgroups that are developed and linked with hopefully like-minded people who are in that position,
[00:03:52] which would be awesome if I could get people who have made money, made some good money from this
[00:03:56] and are now in a position like I'm in, whether they're continuing to grow and learn and manage their money
[00:04:01] or others.
[00:04:02] I'm sure some who have made it in other fields and careers who want to get into this
[00:04:05] and then some who are new who just need to learn.
[00:04:08] So I hope we can have all of that.
[00:04:11] But there won't be a – there will be a key – you know how this podcast has a key theme of all these like same four or five areas?
[00:04:17] It'll be like that where there's a theme of trades that come up,
[00:04:20] a theme of thinking that you'll learn that this is a thing that works over time,
[00:04:25] but it shows up in different ways in different time frames.
[00:04:28] And the big – I think the big thing that I've changed the last two or three years
[00:04:33] is really started to focus more on price action than ever before is the predominant thing.
[00:04:38] So I love trying to figure out if I can value things versus other things.
[00:04:41] I love when I can find stuff that's neglected that has good price action.
[00:04:45] But price action, especially with what we're seeing with all the meme stuff and the AI and the bots
[00:04:52] and everyone is able to code now, like keying in on like things that are actually setting up
[00:04:58] from a price action perspective and what that even means and how you figure that out
[00:05:01] is a lot more important than – I got this idea that, you know,
[00:05:06] Peru is going to be great in 12 months because they're going to have a new leader.
[00:05:10] Okay, great.
[00:05:11] Well, let me know when it sets up and then I can trade it too.
[00:05:14] So I want to know that, but that's not going to pay the bills.
[00:05:17] You know what I'm saying?
[00:05:17] That's kind of a big part of the stuff that I've – there's a practical way to do this.
[00:05:22] There's a – and that's the way – I want to hit that mark between theory and practice
[00:05:26] or narratives are great.
[00:05:29] I want to know them, but I don't want to be stuck in narratives.
[00:05:31] I want to trade things that are working.
[00:05:33] And that's – it's really improved my process to work more that way.
[00:05:37] So I'm going to let this go now here, but it's a long one for me today.
[00:05:42] Have a good weekend.