Mastering the Market: Strategies, Mindset, and Integrity in Trading

[00:00:01] Speaker A: Hello, welcome to the Money Adjustment. I'm your host, Dr. Mark Kramer, D.C. i am a chiropractor who loves investing and trading. Are you interested in what's moving markets and your money? Great. Let's get started. Welcome back, everyone. Today we have a guest joining us whom I've personally followed for years. Someone who doesn't just tweet, talk about charts and indicators, but dives deep into what many seasoned traders believe is the absolute cornerstone of market success, mastering the trader within our guest is Anwal Singh. Anwal has been immersed in the trading world for roughly 15 years, getting started back in 2010 when he was just 18 years old. He honed his skills trading for a prop firm in his early 20s and has since gone on to coach thousands of traders, even working with individuals who run their own hedge funds, assisting them specifically with the psychological aspects of their trading. My personal journey with Anmol's work began years ago as a viewer of the YouTube channel he co ran with Jared Wesley called Live Traders. Watching his videos, starting around 2020, I gained a significant amount of knowledge about using technical analysis in trading. What makes our conversation today particularly exciting for me is that I also hold a bachelor's degree in psychology. Anmal's perspective aligns perfectly with my academic background, as he views trading itself as perhaps the biggest personal development journey one can ever embark upon. As the author of the book Prepping for Success, Anmol's work is dedicated to helping traders build the mental framework needed for consistent profitability. Today, Anmal is here to delve deep into these psychological principles, sharing his expertise on how to build the mindset required to navigate the complexities of the market. Given my background in psychology and years of learning from his technical analysis approach, I am particularly eager to explore the internal game of trading with him. Please join me in welcoming Anmal to the Money Adjustment. But then you get to a certain point and you want a little bit of depth and richness to give the other things a broader context. And I think that's what you're doing when you're talking about the mindset and bringing the psychology. [00:02:28] Speaker B: Yeah, because if you take a look, I mean, the social media, you're absolutely right. Like, we got to do all these different things and it's kind of annoying, you know, even when I try to do it. But if you really look at it, the top podcasts or the top YouTube channels, they are conversational. They just have good conversations. Like Joe Rogan. There's no, like, clickbaity title. It's just like, hey, Joe Rogan with this person. Right. Or if you look at the top podcasts, they're all conversation. None of them do the hook, story, close thing or any of that stuff. Those are done at a smaller level to build the audience in the beginning. Right. To build the audience to get some attention. But once you get it, then you people want to see authentic conversations. Because if all it is just like a hook or this and there's no substance to it, then eventually those podcasts don't last because people move on. You might get the initial attention, but if you don't keep the attention, they're going to leave. And then the podcasts that have kept the attention, like Joe Rogan, some of the other ones that I watch are more conversational and have some depth to it. I think those are the ones that last, like a much longer time because these algorithmic things come and go, they change, but the true content will always stay hit record. [00:03:32] Speaker A: So we're definitely. We are definitely recording this time. All right, so you just asked me, what a day in the markets. And I'm thinking to myself, I don't. I'm actually. I want to get your thoughts on this because this is where my headspace was at on Friday. I knew the China trade talks were coming. Like, that was the big weekend story. And I saw it being somewhat of a binary event, meaning the market is trading at a level where it could have a big move in either direction. And it. And if there was escalation on the trade talks, which was hard to imagine because it's already pretty escalated, then it would have gone down significantly. And as long as there wasn't escalation and the fact that we had de escalation brought that, what made it just shoot up to the upside. [00:04:21] Speaker B: Right. [00:04:21] Speaker A: What was your thinking going into the weekend? [00:04:24] Speaker B: Yeah, I mean, I had. I had a few positions that were starting to look pretty good, but I will say that I was kind of like, it could have gone either way, as you said. It could. It could have gone either way. I had one short going into today, and I had like four or five longs. So luckily the short I got out in the morning took a loss, but then all the longs went up like a good amount, which made it all worthwhile. [00:04:44] Speaker A: Did you do a short to hedge? [00:04:47] Speaker B: Yeah, like, I wanted to have one short at least just in case. Right, right. But yeah, so in the morning, the longs did really well. I had Tesla, Nike, ups, long, and they all gapped up big time. [00:04:57] Speaker A: So, you know, were these swing trades or. I Mean, I mean, they had to be swing because if you left them open. Do you get anxious when you're leaving a trade open overnight? [00:05:07] Speaker B: Not really, no. Unless I have like, like all longs and probably, you know, a little bit, but. But if the setup's there, like, you just, you know, you just got to trust, trust the setup. [00:05:17] Speaker A: Now these trades you had going into this weekend, did you already have them on or did you take them on Friday? [00:05:22] Speaker B: No, no, I was in them like Monday or something. [00:05:26] Speaker A: Okay, so is that usual for you? Will you take a trade like a week in advance? [00:05:31] Speaker B: Yeah, swing trades are often ones we hold on for, you know, a few days, few weeks typically. [00:05:36] Speaker A: Okay. [00:05:37] Speaker B: These were open since a couple week or so ago and they were kind of trading around, break even. They weren't doing much. And then. Yeah, today just like rocking. Shit. [00:05:46] Speaker A: Yeah. Lock in, Locked in some profits. [00:05:48] Speaker B: Today I took a third off, still holding 2/3. So I had Tesla long at like 290 for a swing trade. It went up to like 322. [00:05:56] Speaker A: Yeah, Tesla was a good move today. [00:05:58] Speaker B: I sold a third, still holding two thirds. [00:06:01] Speaker A: You said you're going to leave two thirds of the position on. Do you have a price target on those? [00:06:07] Speaker B: Yeah, like I think maybe 3:30 would be the next target to take another third off on Tesla and then hold maybe till 350 or the last third. But I keep. But I raised the stop loss on all of them. It's basically at break even now. So worst case is I already took third profit and the remainder two thirds. Worst cases, we break even. [00:06:26] Speaker A: So you really, you're protecting yourself to the downside, right? It was enough of an up move. Yeah, right. Yeah, yeah. No, I love this. Like you only can talk like this with people who have actually, who actually trade. So. All right, I'm going to bring, bring the audience in now. My guest today is Anmol Singh. I have a whole introduction on Anmol that I recorded last time that I spoke with him. And because I recorded that introduction, I stopped when Anmal actually got on the call. So I didn't record any of mine and Anmal's call last time, so he graciously has come back on again. We're going to get into Anmal's psychology because that's. Anmal is positioning himself as. I like the way you said it because it's just a quick reference to something that culturally people would recognize if they're interested in this stuff. But that television show, billions of people. So if you can just imagine an mall in like, you know, I only saw the first episode of that first episode of that show. I don't get a chance to watch a lot of tv and I. And my wife is like, you have to watch this one. You're gonna love it. You have to watch it. And. But I did see that first episode and I believe Wendy Rhodes. Not a spoiler alert here. Wendy Rhodes, when she comes out in that first episode, she's like wearing a dominatrix outfit. [00:07:51] Speaker B: Yeah. [00:07:51] Speaker A: So. All right, now get. Now just get that image out of your head. But we have Anval, who is positioning himself as a Wendy Rhodes from the psychological of like, from what she actually does, not in what the other stuff was. That was just me being goofy. [00:08:08] Speaker B: Yeah. Without. [00:08:10] Speaker A: Yeah. Tell our audience about yourself. [00:08:13] Speaker B: Yeah, definitely. So I've been trading the stock market since I was 18 years old. So I'm on my 15th year now. And, you know, started Live Traders in 2015. So that's 10 years in and in the past started, you know, originally writing articles for like Yahoo Finance, Motley Fool, a couple of these websites, and then joined a prop firm. So I would trade the company's money and they would take a percentage of everything I made. Is like a desk of 100 plus traders. So I was just one of them, joined the company, kind of worked my way up in the prop firm and then eventually got into coaching. That's how I got into it. So the CEO of the company called me, said, hey, you know, you're doing really well with the program, but a lot of people are, you know, kind of struggling not being able to get to the next level, not getting promoted. Do you want to like, share with them what you did? So that's how I originally got into like teaching and coaching and. Cause all the new hires they would bring in, like, I would coach them, getting up to speed. And then, yeah, in 2015, they got bought out. And then that's when I decided to start my own company. And yeah, I've been doing that ever since I wrote prepping for success, 10 keys for making it in Life. It's a purely a mindset psychology book. Then I have a success journal which helps people apply everything they read in that book. And then I have my next book coming out this month, which is called Mastering the Trader Within. It's all on trading psychology. [00:09:35] Speaker A: I love that. When did you start writing the Trader? [00:09:38] Speaker B: Within a couple years. It was originally like, it's a video course that I taught a while ago on that model, but then I wanted to turn it into like a Book format make it more accessible and affordable for people. So started a couple years ago and then kept adding to it. It was originally like 120 something pages. Now it's up to like 250 pages. Finally felt good about where the writing was and yeah decided to put it out this month. [00:10:02] Speaker A: That's awesome. I'm excited to read it. I told you I like the title because it has a spiritual vibe to it without necessarily being a spiritual book. But I think anytime you say within it just challenges people to immediately just think about what your positioning is, is that it's not just being able to read a chart, but it's what's happening know in between the ear space. [00:10:28] Speaker B: Yeah, absolutely. Because anybody can learn how to trade, right? You give somebody a strategy, you teach them technical analysis, they all. Everybody gets really good at spotting support, resistance. Like if we all know that, then why is it some people get the results and some don't? Right. And difference comes down to your emotional control, your discipline, your ability to follow through on your trading plan. Not being able to doubt, you know, not doubting yourself, not hesitating. Just like having that confidence when you see the trade. That means plan. Taking the trade. I want to take the trade now. Following your plan until it's given, you know, until the target or until the trade doesn't work out. And that's the, you know, that's the biggest thing because being in this 15 years, I've seen people come and go in this industry. It's like a revolving door. New people want to come in, they learn, they learn the lesson the hard way. They leave the revolving door, new people come in. It's like a. So the people who stuck around are people who've mastered like themselves in their own mindset and their psychology and the ability to be sort of robotic, you know, robotic indifference when it comes to trade. Not getting too excited, not getting too down, just like being very centered. [00:11:28] Speaker A: Yeah. I'm thinking with your 15 years experience, one of the things is like when you're paying attention to the market for longer periods of time, you, you probably start to see like the macroeconomics a little bit more clearly. Not we never know what's going to. I mean that's the thing with trading. You never know what's going to happen. That's why it's the game of it is that you have to manage that risk re but when you're in it for longer periods of time, you start to see the macro like similarities over time. Like they're always talking about it doesn't repeat. The market doesn't repeat, but it rhymes. So in your 15 years experience, like for example, the current market we're in, from my perspective is it's a choppy market. We just went from like two years of an uptrend to like Chopsville. But every market just being able to recognize what type of market it is within the various market structures that exist. What's your take on that? [00:12:30] Speaker B: Yeah, I mean, pattern recognition, that's all that is. The whole market is all about pattern recognition, you being able to recognize patterns. So the only difference between me and a newer trader is just that I've just seen more charts, I've just seen more patterns. I've just have more screen time. That's the only difference. There's no other difference between me and somebody starting off new. It's just that I've seen more charts, I've had more screen time, so I can spot patterns. A great analogy for that is, let's say if I have five pictures and I just put up a picture of the person and I say their name, right? And then I put the card down, I put up the next card, you know, this person's name is John and I put the card down. I show you another picture, this name is David. And I put the card down, pick up another card, this name is Jason, and I put the card down. Now if I pick up a random card, what's his name gonna be? You know, 20, 30% chance you're gonna get it right. But there's still an 80% chance that you might get it wrong, you might miss out the names. But let's say if I do it again, I flip it again and I keep doing it for over a course of like a month with you now, your ability to recognize the name is gonna go through the roof, right? It's just that I've seen more charts. And so it's kind of like a movie where let's say you watch the movie once, Fine. Now let's say if you watch the movie five times now, sixth time, when the scene is coming, you already know how it ends. You've watched the movie several times before, you already know how it ends. So that's what pattern recognition really is. Because when you see these things over and over, you're like, oh, I've seen this pattern before, I kind of know how it ends. And that's the whole idea about that is like, the more you just look at cue cards with the names, if I show them to every single day for the next year, you're going to get 100% of them. Right. So that's what pattern recognition really is, is you being able to spot those patterns and be able to put two and two together and you kind of then know how the movie ends. [00:14:09] Speaker A: Right. I love the way that you put that. And I, I think about that to my own experience, how as a chiropractor, one of the things we learn in chiropractic school is reading X rays. So we're just seeing X ray after X ray after X ray and we're in these dark rooms and it's just bones after bones after bones, different body. But it's, it's the same way of coming to an understanding where there's no way around the repetition of just seeing something over and over again and then seeing the variat. Because you have to know what normal looks like to be able to tell what abnormal looks like, right? [00:14:47] Speaker B: Yeah, absolutely. Yeah, that's a great, great analogy. [00:14:50] Speaker A: Yeah. No, I love it. It makes sense to what you were saying and it fits to my own experience. I'm gonna backtrack a little bit here because I like, your history is coming to me and I'm thinking, you got into this when you were 18 years old. What was going on in your mind as an 18 year old to, to take this path? [00:15:08] Speaker B: Yeah, I mean, I, as I said, I think this is the last thing I thought I'd ever do. Growing up, I was not very good with numbers. I was horrible at math. So the last thing I thought I'd be doing is something to do with numbers. But it was like I was in my college, you know, shy introvert, and I moved to London to do my university degree. And there, like, I took it as, like, I want to get out of my comfort zone. Like, I want to try everything. So I joined all the clubs and societies in college. Entrepreneurship club this, club that, society. And then I think it was one guy who Dan, he came to me, he's like, you know, hey, you know, have you looked at the stock market? There's this thing, you know, on CNBC you can watch. And I was like, I never really understood it. I never really know like, what it was, but I was curious enough. Like I wanted to know, okay, why do stocks go up and down? Like, who decides even when it goes up and goes down? Like, I wanted to figure it out. So then I, you know, contact people. In college, I was like, hey, is there like an investment club for like a trading society or something I can join? Just like you have for all the Other interests in college, they're like, oh, we don't have something like that. And I was like, okay, why don't we start our own? I called the guy who, you know, told me about it first. I was like, why don't we just start, like a trading and investment club? And we'll just meet up once a week and we'll just talk about maybe a book we read, maybe what we watched on cnbc, and try to, like, learn together. And, you know, it was like one or two members grew into like, three, five, 10, 15, 20 members. And now, you know, many years later, it's still a thriving club in society with hundreds of members. And we started that. Yeah, we just meet up once a week and talk about what we read and try to learn together. And then the more I started to learn, the more curious I became, the more I wanted to know, like, you know, okay, why did it go up? Why did it go down? Like, I want to try to, like, piece it all together like a puzzle. And I used to play a lot of, you know, Xbox and stuff like that, video games. So I had that mentality of, like, to solve this puzzle, I wanted to solve this game. And it was very natural to me because as I mentioned, you know, being an introvert, always on my computer, it wasn't a big jump because I was still on the computer and just trying to figure it out myself. And what attracted to me was like how in other careers, how you do, how well you do is determined on other people. Your colleagues, your employees. You could be the best person in your company, but it's still dependent on what the other company, you know, what the company does. So you could be the best person but still fail. Or even at a sport, you could still be reliant on how your teammates do, so your results would be dictated by other people. And trading was one of the things that what attracted me was like, if I just do well, if I just manage myself, and if I just do well with a computer, there's no colleague, there's no office politics, there's no getting stuck in traffic, because none of that. So that really attracted me towards the business. [00:17:41] Speaker A: Man, I love all of that. And that. That really resonates with me as well. I identify as an introvert, and I'm already redo work. I'm a licensed chiropractor, and I went from, like, seeing 60 patients a day in very physical labor. But I also do utilization review and utilization review. I'm sitting at my computer, I'm writing, I'm reading Medical records. It's like a different way of being in the world. And I, I think because of my introversion, I'm like comfortable doing it. Like, I don't think a lot of people would necessarily want to sit at a computer all day long. And in fact that's one of the things they tell you. It's like, you know, I don't want to be a trader. You're going to sit at your, you're going to be locked at your computer. But if you have that kind of gaming mentality and you're like, I feel kind of in the zone when I'm at my computer is, you know, you hear gamification of the stock market. But even when I was coming to learn of it from people like Robert Kiyosaki is an early memory that I have of reading Rich Dad, Poor dad and having more of an interest in really understanding the stock market from something like that. But even he said it was a game and this was before Robinhood was an app. So there already was an inherent gamification. I feel this is getting a little into, you know, when we used to debate it more, I don't think there's as much of a debate about it, as much Right. As there once was. But I think to your point where if you have that kind of background, like a gamer could actually do very well in the stock market. It's more than that. Right. I don't want to oversimplify it. I think I got a little too divergent. The gamification stuff kind of took me on a tangent there. But. So you went from not feeling good at math, not really knowing what you wanted to do and not even imagining yourself in this kind of career to now you've really seen like the life cycle of this in sense of you now you, you know so much. It's almost like your time to contribute back that. So we're talking, we're still talking about Live Traders. [00:19:45] Speaker B: Yeah, I started trading in 2010 and then live traders started in 2015. [00:19:50] Speaker A: And that's what you've been doing. You've been. It's Live Traders. Because I've seen some, honestly I've seen some other marketing material from you now. So do you have like another business? [00:20:01] Speaker B: No, it's just the same. So we have my personal website on mole.net, so we have a mastermind group in there. So that's the evolve Mastermind. [00:20:08] Speaker A: Okay. [00:20:09] Speaker B: And that's for. It's like a yearly program. It's like a high level group of people. They're all traders, they're all investors. But then we also have like business owners in there, some venture capital people, some people sold their company. We have even some doctors, we have tech people. So it's like it's called Evolve Mastermind because a lot of us in the Mastermind group, we master trading, investing, we making good money from it, but we weren't living life at the fullest potential. So you know, they might be financially successful but maybe their health is a mess, their relationships are a mess or a lot of people in the group have several other businesses in addition to what they do with trading. So we try to level up all areas. So I teach all the topics in there about trading, investing, mindset, psychology and then on other stuff I bring guest speakers. So we have people who do trainings on business, on marketing, on growing your practice going or different businesses that you have in. So I'll bring on other speakers that have helped me in my company and my board of advisors. So they'll come on and then maybe want to do a session on health. So we had, you know, Patrick bet David, personal trainer, come on. He did a whole session on like health and wellness and optimizing yourself. And then you know, we'll have somebody on spirituality. So we're, that's what we call evolve. We're trying to evolve in all areas of our life after you've mastered financial success. So that's kind of what we do on my website. But it's all, they're all kind of the same business. Live Traders is just focused on trading, investing, courses, newsletters, services. And then on my website where I do all the speaking, different events that I might be speaking at, my speaking career and then the Mastermind group, the books that I have, all the other. [00:21:45] Speaker A: Stuff, I love that it feeds into the trader within because you're still evolving like this process. [00:21:52] Speaker B: Yeah, it's a never ending process. Like, because what else are you going to do with the rest of your life, right? You have to. If anybody says oh I'm 100% on all areas, I'm like, you're lying. Nobody's at 100% in all areas. Like I'm probably at 50% of where I could be with my health. Right. But doesn't mean I'm going to stop. You always aim for doing better as long as you focus on constant improvement, even if a small percentage of improvements. If you just keep that focus in, then you want to try to get level. You want to build better relationships with your partner, you want to build better relationships with Your kids. You want to have better relationships with your employees or even your customers. And then you will also want to have the mindset that's peak performance mindset. Then you also want to work on your health. And then, you know, just like you, we have people who have three, four businesses in addition to their trading. Now, how do we manage that? How do we put the team together so that your business can operate on a full potential that you are building those businesses either to scale or to sell or as additional cash flow instruments? So we try to help each other. It's kind of like what Napoleon Hill talks about in his book. And everybody I've read Think and Grow Rich. I'm like, really? You've read Think and Grow Rich? You know, in the book, he talks about having a board of advisors. You know, even in the Bible, it talks about having a council of men. So who's in your board of advisors? And most people don't have it. So I'm like, so you've read the book, but you don't do anything in the book that he talks about? So that's what we try to do is we apply everything we read. And this mastermind group is our board of advisors. So if somebody's like, you know what, I'm struggling with sales or something in a business, I'll be, let me connect you with somebody. Or let's have them come on and do a training for you in there. Or somebody's like, you know, I'm crushing it in my business. My trading is going really well, but my relationship, my partner's not going well. I'll bring a different expert on that. So we try to, like, help each other and we do business with each other. We connect each other with people. And that's, that's why, you know, these secret societies, as you might call it, succeed, because they all look out for each other. That's the purpose. There's nothing secret in a secret society like the Freemasons or all these other organizations. It's just that they are the board of advisors. We have people to run ideas off of. If there's a decision we're trying to make in our life, you have people to run it by that have your best interest at heart. And we all connect each other with different people. We do business with each other, and we all grow together. [00:23:59] Speaker A: I love that. It made me think of friendship versus mentorship. [00:24:05] Speaker B: Right? [00:24:05] Speaker A: You know, a friend is someone that's going to support you no matter what. But when you're in an environment where everybody's goal is to get better. So when you're of that mindset, that's different than just, you know, I'm going to support you. You know, I'll be here for you because I love you. But. But we also. I also want to be around people that are growing and want to grow and want to challenge me. This. I mean, let's. This podcast. I. I almost don't know why I'm doing it outside of the fact that in 2020, during the lockdown, I. I had some background in the stock market, just doing smaller position sizing. And then most of my money was professionally managed. There was like, the market got set back five years, and all of a sudden, like, all of this prior education that I had, I'm like, I think it's time to, like, this is a window of opportunity to really get into it. And I'm bringing all this up because I didn't know how to read a chart. I did. I had Investors Business Daily. But Investors Business Daily teaches you the cup and Handle. So it's like volume and cup and handle. So it's like one strategy. It's very isolated, which is maybe helpful to a lot of people because then they don't have to overthink a lot of things. But when you get into technical analysis, I mean, it is. It's its own ology of multiples. There's so many indicators that you can use and so many different ways to look at information that you're taking in and without getting overwhelmed by it. You know, I'm watching, like, I think a lot of people do are watching YouTube videos to educate themselves and like, okay, how do I gain this edge on the market that people talk about? So I'm watching YouTube videos, like, live traders, like Jared Wesley. I would watch him. He would do it every Wednesday night. He had the. What was that in the beginning with the email address. When will the insanity stop? And when he would read those, I'm like, oh, my God. I could have written, like, you just see the insanity over and over again. But I love the fact that he came out with such a. It was almost angry. Everybody else is like, just do this and you'll get from zero to a thousand and how to grow your account fast. And there's like a. Maybe it's just like an easy fluff to Just to bait people in. And those people know what I'm not saying those people don't know what they're doing. But you try to position things to get people in. But I. When I watch those videos, I'm like it made, it reminded me of being in chiropractic school with a professor and having a professor be like, I'm not just going to give you the answers. Like, you got to work, you got to show up here and show that this is something that you really want to do. And he would do this whole stretched out hour long video and it was like a lecture. And he would even, I remember him saying during it, it's like, don't worry, we're going to look at charts. I know everybody wants to see charts, but it's like you have to have something again, going back to you the mindset. You have to have something in your psychology that's just not looking at the lines on a piece of paper. And it's like, oh, it went up, so it's going to go up or oh, it went down or it's going to go down or this is my indicator. Fibonacci is a big one. Right. So it's like, okay, I know this is the level in the beginning we probably just assume they're 100% or we know they're not 100%, but we hope they're 100%. But the more you trade and in reality you're like, this is a, this is like another layer of probabilities. [00:27:36] Speaker B: Yeah. I mean, and it's the same across the board. You know, trading is the same as any other business. So a good way to look at it, let's say, let's take your chiropractic practice, right? So you learn to do adjustments, you learn the body anatomy and all. That's the same thing as like learning how to recharge. So you learn how to recharge, you learn how the patterns, same thing in the business. You learn how to do the adjustments, you learn how to read the anatomy of the body. But then, okay, but how do we run the business? That's a whole different ballgame, right? Running your practice, growing your practice. How do we have more chiropractors in the office? How do I make it a three locations, four locations, that's all addition to that. So same thing with trading. You learn the pattern. Great. What about risk management? What about money management? What about account management? What about now you're in a trade, how are you going to manage the trade? When are you going to decide when to get out? All these other things you have to take into account. And it's the same as any other business. Right. You could learn how, I'm going to buy this product, I'm going to sell this Product in my business. Okay, great. But how do you manage the inventory? Right. How do you manage all the other things? So I think all those things come into place and it's the same as any other business. It's just you have to treat it like a business. And reading charts is just like step one. Reading charts is like the basic of you, you know, learning how to be a chiropractor. But how do we grow that business independent of myself so I don't have to be there, that's the next step. So I think that's the same thing with trading, investing. [00:28:52] Speaker A: Yeah. Have you gotten to that step? Do you, are you in a position where you don't have to be trading? I mean I talked to you the last time. I feel like you're still actively trading. [00:29:01] Speaker B: Yeah. [00:29:01] Speaker A: Even when you get to a certain level, you probably still want to trade. [00:29:05] Speaker B: Yeah. Because it's like it's not any other additional work. It's just sitting on the computer and you know, doing your thing. So it's like if it was, if it got overwhelming at some point, maybe like I don't need to do it. Like I have real estate, I have all these other things that, you know, even if I quit today, I'll be fine. But the reason I'm doing that is because, because it's a way for me to generate more cash so I can buy more real estate, I can put more in my long term investments. So that's how I look at it, is if I can keep doing it, if it's making money consistently, then that's just additional way to feed my other ventures or other things that I might want to try to do. So it's a way to generate the cash and then what you do with it is completely up to you. I don't think I'll ever quit trading because again I trade from like 9:30 to 11. Like what am I else am I going to do? Like if I'm not trading or coaching then like I don't have much to do. You know, I'd be, I'd get pretty bored. Like how, how many times can you play golf? Like how many times can you travel? Like, I think it gets boring after a while. So I, I like it and I like that. I like helping people. I like, you know, what it's doing for other. That drives me a lot more. But as I do get more and more like masterminds become my bigger focus because I, because we're all multi dimensional human beings, we're not one dimensional. So sometimes when I'M just coaching people on trading. Yeah, that could get a little bit outdated because I'm more than that. I have more to share. I have more to give. I can share on, you know, how you can grow your business and all of that. So I want to sort of tie in everything. So it's like a community that trading is like a vehicle for us to make the money. But now what do we do with it? So I don't see myself really stuck. [00:30:32] Speaker A: Yeah, no, but I, but I. That part really resonated with me because one of the, One of my recurring guests actually is a guy by the name of Jody Neighbors, and he just got into multifamily real estate and he went from zero doors to 1100 doors in a year. So it's like this crazy cool story, but the reason I bring it up is because real estate's a whole nother animal. It's like when you're used to looking at charts. Because I would talk to him about the stock market and he's like, I don't know what you're talking about. And like, with the real estate, I'm trying to learn it, but it's like some of the things he says, he's educated, he's educating me because, because he's done it. So he's gone through the process. But I bring that up because I like the relationship that I have with him. Because you can make money in the stock. You can do things where you generate income. If you're day trading, like day trading is more about the job of it in the sense that that's maybe you're the young person, you got to get your feet wet, you're going to play around. And maybe even day trading from that perspective in the beginning is valuable because then you kind of see trades play out faster. You know, they get more repetitive like this. But then as your thinking evolves, you're going to maybe entertain swing trading or do something else. And regardless, however you're generating income, whether it's through trading or some other vehicle, that income has to go somewhere. And once you put it in that investment, like a multifamily or real estate, like you're saying with real estate, you still need new income because once it's gone, it's gone. So, like, do you follow Grant Cardone? Do you listen to his stuff at. [00:32:07] Speaker B: All back in the day? Yeah. Yeah. [00:32:09] Speaker A: Okay. Yeah. Here's. This is kind of an aside because, like, I watched you, your channel, I already knew who you were. I, I get emails right now, just everybody wants to not, not in a way like everybody wants to be a guest, but in the sense that, oh, we know your show. Would you be interested in doing this guest? And I get about 10 of these of maybe a week. And when I'm all name came up, I was really excited to, to meet with him and have him on because he was one of the channels that I watched. But that, that I wanted to say earlier. And with regards to the Grant cardone With the YouTubers, a lot of was hearing his name, but I didn't know who he was. I didn't know who he was. Like, you said you listened to his stuff years ago probably. [00:32:51] Speaker B: Yeah. [00:32:51] Speaker A: Or whatever. [00:32:52] Speaker B: A while ago. I was at his office a couple times in the past. We met in the past. He did a nice video for me in the back of the day saying, you know, crushing it with trading, great job, like, stuff like that. But yeah, I didn't. I followed him more for, I would say the mindset of 10x. Right. The motivational piece, not necessarily the work he does. Yeah. So I haven't really followed like his real estate or his sales or any of that. It was just more like I love people who are just like positive. I love people who are just on it. Whether you like him or not, whether you. Whatever you think of him. It's just that I took what I needed at that point in my life to like, okay, I need to go more, I need to push harder. And I think there's a time and place for that in your season of your life where you want to push in the seasons where you want to grow and build. So I think in that time of the season of life, it was. Yeah, it was great. [00:33:38] Speaker A: I like how you frame that because I used to do Tony Robbins. He was like my intro into that world. Speaking of Tony Robbins, I was thinking of that book the Power Within. [00:33:47] Speaker B: Yeah, that's my inspiration for the name his. I attended his event in 2016 called Unleash the Power within. And that's where I got the idea for the, for the name of the book. [00:34:00] Speaker A: I love that. And that makes sense. Now I'm seeing like our tie in and our connection even because I did Tony Robbins in 2004 and I was graduating from chiropractic school. And to your point, it was like a time in life where I felt like I needed that little extra push. But then you. Ideally, I think it's natural to like draw away from that. And when you draw away from that, it's not that you're quitting. It's to your point, you're growing in your own vent. Like, you've taken the information, and then it's your time to apply that information. [00:34:29] Speaker B: Yeah, no, I think that's right. It's like you have seasons and, you know, it might. It comes and goes. Maybe one year you're feeling kind of like, yeah, I'm being a little complacent. I need to push. You know, go sign up or do whatever. Like, do those events, get that motivation, get that push, but then do something with it. The trap that people fall into in these type of work is that they keep in the cycle of just, you know, seminars, events. Seminars, events. And they don't actually. They don't do anything. They don't apply anything. And you see the same people coming over and over for different events. I'm like, you've done this five times. Like, why aren't you doing anything with it? So I think that's the key issue, lessons. But then now you got to apply it because your life only changes with your application and execution. Otherwise, you're just hoarding more information. And true knowledge is applied knowledge. Otherwise, it's just organized information that you're holding onto. [00:35:15] Speaker A: Oh, man, I love the way that you said that. That's so true. I think I'm in one of those seasons in my own life with regards to the 10x, because, like I said, I didn't really know who he was. My daughter was in broadcasting, and so this was. She was in high school a couple of years ago. She's in college now, but when she was doing broadcasting, it reminded me of when I was younger, and I did a broadcasting class in. In. In high school, and I really liked it. So I was like, oh, I think I want to do a podcast. And partly because of people like you, because of watching the YouTubers. And I was like, man, I feel like I've gotten so much, and I want to know how to create content to give back. [00:35:52] Speaker B: Right? [00:35:53] Speaker A: And I bring that up in the context of. As I started to go through the process, I didn't realize I didn't know what I didn't know. So, like, when you start a YouTube channel, you started one in 2015 and you. I don't know, you're. You're much younger. You're younger than me, so. So you're a little bit more, in my mind, like a digital native. You're probably a millennial. [00:36:16] Speaker B: I think so, yeah, yeah, yeah. [00:36:19] Speaker A: It's like, yeah, you know, whatever, we're all people. But I'm thinking in my head like, of coming of age of Facebook and Twitter, when they were just texting in the. Texting in the sky and how it's evolved. So I'm thinking I'm going to do a podcast and I'm just going to be able to just record myself talking to somebody on a phone. And then it was just going to. I was just going to be able to push it up to Apple podcasts and push it up to Spotify and just have things just, you know, work like that. And so I enlisted my uncle, who's a retired actor, and he had done a podcast before, and so he had some experience with it, and he's an actor. So I thought, okay, he's going to bring some energy to it and everything. And so six months, we're just having these phone calls, but, like, I don't have a single episode. Like, nothing's happening. So I hired a coach. I hired a podcast coach. To your point, like, you go through seasons in life. I had done Tony Robbins, whatever it was 20 years ago and didn't do anything after that and just did my life, like, just grew my life. But then I got to a place where I wanted to venture into something new and I. And I had to enlist help to do that. In fact, I did that with trading too. Like, I took options courses. I'm sorry. I'm killing you, man. You look tired. [00:37:35] Speaker B: No, no, all good, all good. [00:37:36] Speaker A: You're holding back those yawns. I know. I've been there, dude. Sometimes. Sometimes I get going and I. And I can see like my wife just. Just like, she's like this. I'm like, all right, I'm done. I'm done talking. [00:37:48] Speaker B: It's not yet a late night, but like, I'm still on it. [00:37:51] Speaker A: But yeah, I think just to bring it back to your book and the traitor within and your journey. Like you. I love it. It's that Sid Hartha type story where you. You just want to see your seeker. You're looking for something, you don't know what it is. And then you find yourself on a path. And then once you're on the path, you're kind of always looking for the final destination. But that final destination is a myth. [00:38:16] Speaker B: And so, yeah, there is no destination. It's just like constant improvement. Right? Destination. Sometimes you put like a number. If I get this number, I've reached the top. But what happens is life adjusts. Humans are very adaptable. So if you've never made hundred thousand dollars when you make it, well, your life adjusts to that level. Now you're gonna make more and then you make 500,000 or you make a million. But then your life adjusts to that. So it's like a never ending journey. But that's the beauty in it. Like you got to learn to enjoy that. Like I enjoy learning. Like for some people it's different. I get it. Like I have a friend of mine, like if I he goes through some business struggles, I share with him all these resources, hey, watch this video, watch this course, watch this or that. And then he doesn't do it right, because that's not his natural value system. Or for a lot of people it feels like work, learning. For me, Like I'm a lifelong learner. That's what I wrote about in my book Prepping for Success is be a lifelong learner. And like I genuinely enjoy it. I'm very curious and I think that's the difference maker between, you know, people who learn and it feels like work or they take a course or a seminar. It feels like they're working for me. Like I enjoy it so much. So I am very curious. Like I'm always learning, just like you mentioned. Like, I don't watch a lot of tv, I don't watch, you know, TV shows, I don't really watch a lot of sports. But I will watch a podcast, I will listen to something, I'll, you know, watch a lot of those things because I just love new stuff that I wasn't aware of because that's stretching me, that's growing me. And in certain ways, like I learned things, like I'll take like courses on stuff that I have no intention of ever going into that field, right? But I'll still learn because it just builds you as a well rounded person. So when somebody comes to me with a challenge, like I've already have something on that, right? So I think you develop the, you know, mindset. Books, podcasts, audiobooks, like I surround myself with that. And to me it's like, it's like, you know, it's not work at all. Like I really enjoy it. So I think curiosity is the biggest kind of success, key to learning and to get better in any endeavors. If you genuinely curious about it, if you're only in it in the business to make money, you're not going to last very long. When things get tough, you're going to want to quit. When you're curious, you're like, why did that not work? Right? How could I make that work, right? What if I did it this way? What if I did it that way? Like those right questions. What Carol Dweck talks about in her book mindset, having the growth mindset, you know, not what's going wrong or why it didn't work. Okay, how do we fix it? How do we. What are we going to do about it? And that's how I use. Even with my team, if my team comes with the challenge, oh, this is not going that well. I'm like, great, what are you going to do about it? And then changing the conversation on what's next is, I think, a biggest success key in any endeavor. [00:40:49] Speaker A: I love that now we have something to offer the audience, in a sense that your first book was the mindset. I'll put a QR code up for your book, but why don't you just give it a little pitch? [00:41:04] Speaker B: Yeah. I mean, so this is a book that originally I wrote to myself for myself on notes on things that I need to do in my own life to achieve the level of success. So I spent, you know, more than half a million dollars probably at this point on like, coaches, mentors, seminars, masterminds, retreats, like, really, like, working on myself. And then I took, okay, what is the common theme from everything that I've learned? What is something that everybody's saying? So I ignored a lot of the things that maybe one person said but other person didn't agree with. I took, where's the consensus? Like, what is like the sure fireways that I've seen? And I wrote it down for myself, okay, I need to do these 10 things. I need to live in this way, and then I will get the success that I want. And then I went out and applied it, and I lived my life by that. Right. Applying these 10 keys every single day. And then I got the great level of success that I wanted. So that's when I was like, okay, wow, it actually works. Like, if I put it in a book format, it can help a lot of other people that don't have the time that I spent doing all these things or don't have the money that I spent to do all these things. I can just give it in a book format to them. Then, you know, it'll change everything for them. So it's kind of like a book that I wrote. I wish somebody gave me, like 20 years ago. Would have made life so much easier if I just lived by that rules. And that's kind of why I wrote it. And yeah, I'd love to give it free for your listeners. They could just go to go.unmole.net they can just Cover shipping and then wherever in the world you are, we'll ship it out to you. [00:42:28] Speaker A: Great. I'm going to add links, so I'll, I'll have in text up on here and we'll have a QR code. And I think that's such a fantastic thing to offer people. Like, I feel real kindred spirit with you. Like everything you says. Yeah, no, I really do like every. Because I identify with the introversion. I identify with being a lifelong learner. I identify with just wanting to, to be, to be pushed and challenged, but not pushed, but because push sounds forceful. It's like a powerful thing where you're, you're curious and you're being pulled forward rather than like, oh, this is something I have to do. This is something that this other person wants me to do. You spoke on freedom and I definitely, I think people who go into trading as a profession are interested in this kind of study, are attracted to the idea of independence, like financial independence. But it's more like you're saying it's more than even just the money because the money is just going to keep going up in terms of what's enough. So, like the money is part of the growth process, but you have to get into the mindset to even value that aspect of it. [00:43:36] Speaker B: Yeah, I think people's financial situation is a direct proportion to your mindset where it stands right now. So, like when people say I'm not able to achieve the level of success or this, I've tried really pushing hard in my business. Like, when did you work on yourself last? Because your internal mindset is just a reflection of your financial lifestyle. So work. Once you get your identity up to a level, then the financials will automatically catch up to your new identity. But if your identity is here and your finances are here, that's when we create somehow issues in our business to bring us back to what our identity says it is. So that's why when people sometimes see quick success, they make great amount of money in the stock market or any other business, whatever, but the identity is still of somebody who makes $100,000 and eventually they're going to end up finding ways to give back that money to get me their identity. But if your identity is at a million bucks and you're at a $200,000, eventually your money is going to work its way to your identity. It's just like a thermostat, right? So the thermostat set at 71, it gets cool. Then while the heat turns on, it brings it back to 71 and vice versa. So I think you have to change your identity to that level. And that happens with curiosity. That happens with wanting to learn more, wanting to get better. And all the other things that I talk about in my book is to work on that piece because that's the foundational element. [00:44:55] Speaker A: Yeah, no, that makes a lot of sense. And it just brings me back to even the concept of 10x. It's all a multiple. So in the beginning, in the beginning, I think of like a five figure trader versus a six figure trader versus a seven figure trader. And so like I hear these numbers and I remember early on just wanting a definition. It's like that curiosity part, I'm like, what exactly does that mean? And I think there's maybe different ways to look at it. I won't go too much into that. I'm going to tell you this one thing. It's so silly. It's like something I tell my wife. And I'm curious for someone who actually has the mindset if I think you'll get it when I say it. But I. I'm like, I want to be in a place where I can lose a million dollars. So it seems absurd to say out loud, but I think of, I think about Grant Cardone saying, I want to go broke. Like your goals, like, I want to go broke by the end of the year. It's like that whole idea of staying hungry, but in this case, it's not that idea. [00:45:52] Speaker B: Oh, yeah. And you know, we get this all the time with traders too. Like when we talk about taxes and stuff like that, and people are like, oh my God, you paid that much in taxes. I'm like, I wish I paid twice the amount next year. You know, like, I'm not worried about paying taxes, right? I just wish I pay more next year. That means I'm doing well. And then people are like, oh, why are you living in New York? You're gonna pay an extra 8 1/2% just to live in New York City. The rents are so high, I'm like, I wish I have to pay twice the amount next year. Right? That God put me in a position to be able to pay more. So yeah, so it's like, I don't look at it like, try to save on taxes or save on these small little things. I'm like, okay, how can I get that paid triple that next year? You know, ask for more taxes because that means you're doing well. [00:46:35] Speaker A: That's interesting. I could see that evoke a lot of different emotions from a lot of different people. But you totally get it because that's exactly where I was getting at with the. It's. It's some number, to use your example, taxes to being. Being able to take a loss. But if you know that loss is in relationship to something else. So if I was said I'm able to take a million dollar hit, that means I'm trading on some level of volume that's would allow me to sustain that. Because a million of 100 million is just 1%. [00:47:06] Speaker B: Right. [00:47:06] Speaker A: So it's like you look at things in the percentage and relativeness versus the whole numbers. [00:47:13] Speaker B: Absolutely. [00:47:14] Speaker A: Yeah, man. Honestly, I feel like I could talk to you a little bit longer, but I want to keep it short for us and keep it tight. And I know you and I talked about. It's funny because I was thinking about this in more of a gimmicky way, but one of the things that I liked about what you and I are talking about now is I think you can go onto YouTube and there's so many people, hundreds of thousands of people better than me that can just like I'm watching these videos now because I. Everybody like, to your point, everybody wants to get better. So I'm like, okay, I gotta do the hook. I gotta, I gotta think about the title. So I'm thinking about all these things. But I. But I'd like to think one of the unique things that I'm bringing, and it's in the spirit of Live Traders, is that conversational, real aspect of it, not just the clickbait. Get it? I think all of, I think it all has relevance. Like I needed that stuff to want to do other things, but then you get to a certain point and you want a little bit of depth and richness to give the other things a broader context. And I think that's what you're doing when you're talking about the mindset and bringing the psychology. [00:48:23] Speaker B: Yeah. Because if you take a look, I mean the social media, you're absolutely right. Like we got to do all these different things and it's kind of annoying, you know, even when I try to do it. But if you really look at it, the top podcasts or the top YouTube channels, they are conversational. They just have good conversations. Like Joe Rogan. There's no like clickbaity title. It's just like, hey, Joe Rogan with this person. Right. Or if you look at the top podcast, they're all conversation. None of them do the hook story close thing or any of that stuff. Those are done at a smaller level to Build the audience in the beginning, right, to build the audience to get some attention. But once you get it, then you people want to see authentic conversations. Because if all it is just like a hook or this and there's no substance to it, then eventually those podcasts don't last because people move on. You might get the initial attention, but if you don't keep the attention, they're going to leave. And then the podcasts that have kept the attention, like Joe Rogan, some of the other ones that I watch are more conversational and have some depth to it. I think those are the ones that last, like, a much longer time because these algorithmic things come and go. They change, but the true content will always stay. [00:49:26] Speaker A: I'm thinking about your book now, how you said you wrote the book for you. Like, you didn't. You wrote the book for you to reflect back to yourself, what you've learned. And that's what I think about these podcasts. Like, I'm having conversations with people. I want to have conversations with people I've watched and people I've seen, and I want to have, like, a broader depth of understanding. So, yeah, in terms of the podcast aspect of it, I like that. And. And here's the thing with Joe Rogan, because I know my podcast coach, when I first started with them, they're like, now if you think you're going to be like Joe Rogan. And I was like, I have no delusion that I am not going to be like Joe Rogan. But what I do like about Joe Rogan, and to your point, it's not clickbait, like, one of the strongest thing I can think of that he has when he comes out with the new episode is number 2000 something, right? It's like the guys just stacking them. And so it's a different way to look at it. And I think in terms of longevity, like, you're going kind of back to what you said with traders, like, coming in, it's like a revolving door. You're not going to stick around if there's not something that you're getting from it. So, yeah, for you, you were talking about being a lifelong learner and being curious and wanting to figure it out. And then, then the more you figure out, you realize, oh, there's more to figure out. There's more to figure out. So, and that's for some people, that's a draw. And I would assume someone listening to this podcast, that's a draw. So that's maybe even not. Not a big deal to mention. Do you have any final thoughts you would like to leave the audience with? [00:51:03] Speaker B: Yeah, I think I'll touch on, like, one of the success keys that's in the book. So that's the. I would say the foundational key. Like, without that, nothing else would matter, right? Which is integrity, which is do what you said you're going to do, and then do it when you said you're going to do it. And do it, whether you feel like it or not, doing it because it's the right thing to do. So doing the right thing because it's the right thing to do. If you live your life by that, then everything will magically start to work out in your life. And I think a lot of people say they want to do something, but they don't do it. Right. Like, how many people in 2019 or something were like, oh, yeah, I want to start my side gig, I want to start my side hustle, I want to start a business or a podcast, but I just don't have the time. And then 2020, you had all the time in the world, right? But they still didn't do it. So there's a disconnect between what they say they want, but what their actions are showing that they want. And with that, you're never going to achieve your goals. Or like, oh, I'm going to start this from Monday. And then Monday comes, but it's the 28th of the month, so you're like, well, I'll just start from the first. And the first comes, but it's November. I'll just start from January 1st. And we just keep moving the timelines forward on our own goals. So the key is to, like, do it when you said you're going to do it. Right? That's the biggest success key is to live by your word, honor your word, and that way it'll improve all aspects of your life. Because if I do what I said I'm going to do and I do it when I said I'm going to do it, well, then I'm naturally going to keep leveling up and I'm going to keep hitting my goals, and then my team will trust me because they know when you know Anmol says you're going to do something and he gives us a date, it's going to be done by then. So that builds trust with my team. And now I'm leading by example. So they'll know the same thing to do as well. When they say you're going to do something, it should be done by when they said they're going to do it. And I think a lot of people say, you know, but like I'm a person of integrity. I'm like, really? When is the last time somebody called you and said hey? And you said hey, I'm just in the middle of something, let me call you back. And you never did. Or you ran into an old friend at a airport or shopping mall. You're like, hey, so good to see you buddy. We should totally make plans to catch up. And then you never make any follow up attempts to catch up with them. So you just said something that you didn't mean. Right? Like why is that? We're trying to, it's a mindset shift, right? Because we're trying to be polite, we're trying to be nice. But what you're really doing is you're not honoring your word. And that is a vicious cycle because when you don't believe in your own word, then unconscious mind, next time you say you're going to do something, your unconscious mind's like, he's not going to do it. He just says things, he's not going to do it. And that leads into low self confidence, low self esteem. And you go over breaking your word again and again and again. It's just like a cycle that keeps repeating. So you have to break that cycle by doing what you said you're going to do and then putting it into your calendar. If you said I'm going to do this by Monday, by 2pm Great. There better be a time slot on your calendar assigned to do that task. So things that get scheduled get done. Things that don't get scheduled is just up in the air as wish and hope. [00:53:51] Speaker A: That was great. Yeah, that's a great high note and I hope people take that to heart. It was really a pleasure having you on mall. [00:54:00] Speaker B: I'm glad to be able to do this the second time around. [00:54:03] Speaker A: Yeah. And actually it was kind of neater doing it the second time around because the first time around it was like the first time I was even talking to you. And sometimes I'll do a preliminary call just to see what my relationship rapport is like with somebody. And so at least like on the last one was almost like we were building rapport with each other because on this one I just jumped right into the trading talk, which was fun because like that's a whole nother layer of it I was gonna do. I had like different ideas where I was going to have you go through my account or have you watch a trade of mine, which I, I Still think it would be fun to do, and especially now that we have a little bit more rapport with each other. The next time I have you on, I'll put some video up or I'll have a chart up of some trades I have going on and you could maybe model some of what you're doing. Because the coaching aspect of it, when I, when I started, like I said, the podcast, I wasn't doing anything for six months. I said I was going to do something, I felt it in my head to do it. I was telling my kids I was going to do it and nothing. I had no product for six months. So I had to be really honest with myself. And that's when I reached out for help. Outside of me, I was like, hey, if I could have done this, I would have done it already. And that's where getting into a group or a mastermind can help facilitate. That is not to. To your point, going back to integrity. And I was even thinking with integrity, like freedom, the freedom that trading provides comes with your ability to be integr. So if you're coming with it, right. [00:55:39] Speaker B: Yeah, because if you say you're going to take a profit at this price, then we'll take it. Right. Or if you say I'm going to get out, if it hits the stop loss, well, then take your stop loss. It's all about following through on your word. And that's what discipline comes from. Discipline is just you being able to follow through on your word. That's literally all of life. It's like a universally applicable principle, whether it's related to health. I want to get better shape. Okay, great. What are we doing to get to that better shape? Right. Like all these things coming together and, you know, timelines, deadlines, and you keep meeting them. If you stay true to your word. Because if you don't believe in yourself, then how do you expect the clients to believe in you? How do you expect the universe to believe in you if you don't follow through on your own word? So I think it's like the foundational piece because you can learn all the strategies in the world, but if you don't apply it well, it's not gonna work. Right. If you learn everything you need to know, you hire the best coaches and they tell you, okay, how do you take your chiropractor practice to like, you know, next level? We got the information and the knowledge, but if you don't apply it, if you don't live in integrity and follow through, then none of that's going to work. So the whole of life only changes when we follow through on our word and honoring our word and making sure our word means something. Otherwise, don't say it. Like, I'm very conscious on the words that I use in the mouth because words are vibrations, right? And it says in the Bible, right there in the beginning, there was a word. It all starts from the word. So the words create those vibrations, vibrations, you know, put it out in the universe, creates the energy. And now if you execute on that energy with taking the right actions, that's what in the Hindu books, the Gita, they talk about the karma. So when people think with karma is like, oh, what goes around comes around, but that's not true. That's not how it's taught. The way it's taught is you keep doing the right actions that need to be done every day, and then eventually that karma, that work that you're doing will get you to your predetermined destiny. But if you never do the karma, never do the work, then you're never going to meet your full potential. [00:57:29] Speaker A: It frames karma in a, I think, unique perspective, but in a. In a different way than you're used to thinking about it. To your point, man, that was awesome. Like I said, I really feel like I could talk to you more, and I think I'm going to be talking to you more, and we'll figure out something fun to do on the next one. But just even having this conversation, I really appreciate having you on, and I hope for the viewers there was some nuggets in there. I felt enlightened from having this conversation. I actually love going back on these, and I was listening to Amal talk and I'm like, oh, I can't wait to go and edit and, you know, see what's going to be highlighted. Because there was some really. There was a lot of wisdom, which. [00:58:08] Speaker B: Thank you. [00:58:09] Speaker A: Yeah, absolutely. [00:58:10] Speaker B: Great chatting with you. [00:58:12] Speaker A: Yeah. So I'm going to say goodbye to everybody. And Animal, please stay on you and I will chat a little bit more and we'll see you on the next one. Everyone. Happy trading. Happy trading and investing. [00:58:24] Speaker B: Yes. I would say the foundational key, like, without that, nothing else would matter. Right. Which is integrity, which is do what you said you're going to do and then do it when you said you're going to do it and do it whether you feel like it or not, doing it because it's the right thing to do. So doing the right thing because it's the right thing to do. If you live your life by that then everything will magically start to work out in your life. And I think a lot of people say they want to do something, but they don't do it right. Like how many people in 2019 or something were like, oh, yeah, I want to start my side gig, I want to start my side hustle, I want to start a business or a podcast, but I just don't have the time. And then 2020, you had all the time in the world, right? But they still didn't do it. So there's a disconnect between what they say they want but what their actions are showing that they want. And with that, you're never going to achieve your goals. [00:59:14] Speaker A: Thank you for watching this episode of the Money Adjustment. If you want more like comment and subscribe, you can follow me on X at Mark Kramer until the next episode, stay healthy and wealthy.