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Why Buy Low, Sell High Is BS - YouTube
Channel: Tela Holcomb
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today I want to tell you why I feel buy
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low sell high is BS for those of you who
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don't know me my name is Tila hokum I'm
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your trading and investment coach and I
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teach burnt out employees how to trade
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their nine-to-five in the stock market
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as a new trader or investor you will
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hear that the best way to make it and to
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make money and the really crush it in
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the stock market is to simply buy low
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and so high right essentially that is
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how it works
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however I feel like it's total BS not
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total yes but I feel like it's half the
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story right so if you're new to the
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stock market you get out there thinking
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oh all I have to do is buy little so
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high how hard can this be
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right well it is a little more to it
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than that
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buy low sell high is just one of those
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stock market cliches that you will hear
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and it is essentially how to make money
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but the problem you will see when you
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get out there and you think okay I'm
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just going to buy the stock because it's
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low your Buy and then it goes lower so
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you're buying it what you think is low
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but then it continues to go lower and
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alright now when you buy low and it
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continues to go lower you then end up
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just selling you're like okay this isn't
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working
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I want to lose money I'm losing I don't
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wanna lose even more money so then you
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sell and what happens when you sell you
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sell and then the stock starts going up
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it goes the way you wanted it to go in
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the first place
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right well the problem there is you're
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going to sell and you're selling at the
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wrong time you're not completely
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educated you don't have the full picture
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and that's why I say I feel like it's
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kind of BS or it's kind of half the
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story
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buy low sell high so or this might be
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you as well you'll sell at what you feel
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is high
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you're like okay it went up I have a
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little profit I'm going to sell high I'm
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going to sell here because it's high but
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then it keeps going past where you sold
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or were you so like oh my gosh
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I should have stayed in look at how much
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more money I could have made but that's
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because you were thinking buy low so
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high you are thinking like that's just
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going to be it that's what you have your
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brain fixed on it didn't work when you
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when you bought low and it didn't work
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when you sold high well like I said it's
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because you only have part of the
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equation part of the picture and I feel
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like you should be doing this instead
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instead of buy low sell high the same
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should be like a multiple parts thing
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like it's going to be longer now that I
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put my hands on it but it should be buy
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low went by when it's low and rising
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sell high and let it keep going not
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really a short quick in like very cool
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phrase but that's what you should be
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doing you should be buying low when if
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you should buy low when it's buy when
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it's low and rising and sell high let it
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keep going ok would you and let me start
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with the in part consumer like why would
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I so high and let it keep going we
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cannot predict the market did you hear
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that we cannot predict the market ok no
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guru out there no one can predict the
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markets they're telling you they that
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they can run the other way trust me we
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can't predict the market what I do and
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what I teach my students is going for
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those chunks in the moon which is
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essentially buy low sell high but it's
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if there's more to it ok like I said we
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buy when it's low and rising so we might
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fall we let it you know get low and we
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wait until it's headed back up boy I'm
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missing it I'm missing the money right
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no you're not missing you're missing the
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doubt you're missing the uncertainty
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there that's what you're going to
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all right if you buy low but you haven't
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determined that it's going back up like
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you don't know what it's going to start
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stopped falling okay so that's where I
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feel like by lo that part of it is
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essentially wrong or can get you into a
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position where you're losing a lot of
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money because you don't know where low
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is right so you will you will buy where
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you think is low and it's going to keep
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going lower right and then you're like
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okay I'm out this is it's not going up
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because this buy low sell high crap is
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where they told me and it's not going on
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yet so yup and then the stock starts
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going higher and you're like what the
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you know that's because you don't have
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the big picture and you don't have the
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full story okay so by when it's low and
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rising so when you've made a profit or a
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tie and then let it keep going you want
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the stock to keep going in your
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direction after you've soaked now let me
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insert a little not just well I guess
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kind of a disclaimer here this is if
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you're doing trading or short term
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investing this is what you want to do if
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it's long term investing you're going to
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want to buy it you still want to that
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first part buy low by when it's low and
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rising but let your investment sit okay
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so if you're one of those long-term
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investors this second part does not
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apply to you okay but you do want to buy
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when it's low and rising but you want to
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let it sit there for years to come okay
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that's for the long-term investors for
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the short investors or the traders we
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are going to buy when it's low and
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rising and sell high and let it keep
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going okay so when you're selling why do
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you want to let it keep going that goes
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back to the fact that we cannot predict
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the market we don't know when it's going
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to stop going up so what are we going to
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do we just go for that chunk in the new
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we see that it was low and started
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rising so we buy then you let it keep
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going say maybe you just want to make a
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dollar profit a $2.00 profit whatever
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the case may be you set your
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ice on that like that is your goal
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that's what you stick to it goes up that
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dollar or $2 you sell and it should keep
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going past that that means that is your
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indication that you got your chunk out
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of the middle and you kept going that is
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how you keep most of your money in tax
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that is how you keep your investment
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account or your trading account safe and
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you protect yourself from big losses
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okay
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by getting that chunk in the middle and
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keep going let the leather sock keep
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going and you go on to the next stop and
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guess what you do another chunk in the
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milk and then you move on to the next
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time you can get another chunk in the
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middle and you just keep going but if
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you buy and you keep wanting to let it
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go as high as it possibly can you're
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going to end up losing every time
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because we never know when the highest
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is going when the highest point is and
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we never know when the lowest point is
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so again you want to buy when it's low
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and rising and you want to sell when
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it's high like when you want to identify
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a point at which you're going to sell is
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that if is it I'm going to make fifty
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cents and so I'm going to make a dollar
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and sell now that's for sure no tells
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you've made all the good I made per
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share are you going to sell when you've
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made a dollar per share or two dollars
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per share and then get out sell it and
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then let that stop keep going doing its
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thing if it keeps going up after you've
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sold it then you did the right thing
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that means you've made some money don't
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dwell on the fact that that stock is
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still going up the reason I say that is
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because you need to celebrate the profit
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that you just made you need to celebrate
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that win but as you're too busy dwelling
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on the fact that the stock is still
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going up and I could have made another
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dollar per share
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I could have made you know a thousand
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dollars instead of eight hundred dollars
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no you're pinching things you're you're
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you're then going to start chasing that
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you're then going to start staying in
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and then that buy low sell high it's
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messing it all up okay so you don't want
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to do that are you going to have the
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urge to do that absolutely
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absolutely I still have the urge to do
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that and I've been at this eight years I
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still have the urge what's up say anime
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game in more money
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trust me it is a human thing you're
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going to want to stay in you're going to
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want to do things that you probably
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shouldn't but by working on that mindset
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and seeing is it that you get scared or
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do you get greedy and working on that
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figuring out what works and keeps you in
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line with the five when it's low and
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rising so when it time then you will be
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able to have a trading plan that keeps
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you in on and keeps your trading in line
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so that you are making more profits than
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you are lost it's okay because I do I
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get myself I get to the point where I
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want to keep you know keep making money
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or I know I just made money on my own I
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made for that I'm a genius I should do
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some more and that's when I that's I
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identified that that is when I need to
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step away from my computer I just step
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away I shut everything down and I go do
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something for myself with myself or with
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my family and enjoy the wind that I just
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had otherwise I'm gonna miss a bad okay
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so that is why I feel that buy low sell
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high is BS and what it should really be
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is buy when it's low and rising sell
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after you've identified or sell at
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you're identified profit point and let
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that sucker keep going okay if you are
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looking to get started with learning how
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to trade and invest I have a free course
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that will help you do just that it will
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teach you some of my my highlights my
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corner some great things that you
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probably won't learn in other trading
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and investing courses it will also bring
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you into my community here on Facebook
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and if you are wanting to learn how to
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understand stock charts because that is
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one key to learning when when do I buy
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low wonder I so high right you're going
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to want to be able to figure that out
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so my tool for doing that are my stock
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charts if you don't know how to read
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star charts and you want to learn how I
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have two YouTube videos that I have
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linked here in the description I promise
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you it's in plain English you want all
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sleep and it's pretty cool alright so
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check out those videos if you are
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wanting to learn how to either read
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scott charts understand what
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candlesticks are all that jazz and those
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are going by doing that you're going to
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be one step closer to knowing when to
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sell I mean excuse me buy one is low and
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rising and sell at a profit point okay
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so you're going to be able to use those
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charts to identify when low is and when
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highest okay if you like this video
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please like hit the thumbs up and give
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me a like share it with your friends and
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don't forget to subscribe alright I will
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see you guys next week on the next show
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see ya
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