Power Trading Radio, 2/17

Power Trading Radio
Saturday, February 17th

Power Trading Radio, for February 17.

00:51:15

Transcript - Not for consumer use. Robot overlords only. Will not be accurate.

Today show is provided for entertainment and general information purposes opinions expressed are those of the present are only we make no promises or guarantees of investment performance online trading academy is not a broker dealer certified financial planner or registered investment advisor enjoy the show. Is Howard trading radio. Fueled by an online trading academy. Welcome now to the show your first time listener than we are pleased to meet you my name is Ryan code. We're excited to have you with us today joining me in the special guest at a mile last week we've got two weeks in a row for joining me today is. The director of research and online trading academy act on the rain maker John O'Donnell thank you. Johnnie L this is a fun radio show I love doing this show it's one of my most of my favorite things I do all weekend. And and you know Larry Larry does the show with me a lot as well as fun having you on the east you kind of back to back episodes especially with what's been going on in the market. What do things that we you know one of the things we love to talk about on this show is money. Right and I we start off with the with the old classic my mom hates that and and if you're like me either you grew up in a situation where. Where your parents did say things like that your parents said don't talk about money it's not polite well that's what we talked about for the next hour on the show. We are going to be discussing with you are investing fairly exactly what it takes to generate consistent and come inside the financial markets. Consistent income. Whether it's for your retirement or whether you are fire boss or wherever I consistent income is four. There is some keys that we have to have in place to generate that consistent return day after day and it really starts to kick off into a three part conversation. I love starting to show off this way especially with how volatile markets have been lately it's very important that we talked about. How we make money when the market goes up and there's a lot of different ways to do that even. Some are classic investing strategies due out already. But here's the two kind of key ones that we usually miss out on with the average investing strategy right how we make money when markets go sideways which I'd love to get some feedback from you on that today John. In this segment are re one of the later ones but then also how we make money as the market's going down what how much volatility we've had no appealed saying what goes up must come down we really. I look at that as a necessary life skill if we wanna how our retirement accounts are income accounts whatever those accounts are for if we wanna have them really growing consistently day by day week by week month and month by month. We have to know how to trade and invest. In any market condition just wanna get some your feedback. Kind of on that sideways that down of the volatility we've been having in the market and what people can do and what people should be looking at in order to kind of steered there retirement accounts and income accounts through this turbulent storm. Playwright Brian I mean we talk a little bit about last week that market can only do 03 things crisis can go up. Prices can go down a crisis can go flat. The problem with the American public's pattern engagement has historically been in the public has. Been seduced to have a buy and hold bias. That means they're only attempting to make money in a comfortable way in their mind when markets rise. But you're right recently we've been experiencing declining markets most people don't realize that there is a strategy. To make Lenny and a declining market and it is called short selling. We can also use derivatives. Was something called an option that works remarkably well to protect capital. In the face of declining market. An online trading academy we are focused on capital preservation first. But the other side of a declining market price is the opportunity to make money when prices fall. The third opportunity that we brought up last week. Is of relatively flat market as a perfectly flat and very narrow trading range and the opportunity to make money there is. I holed a good company. That you really have a lot of faith in perhaps you're a customer as well for that particular company. And and enjoy the dividends that company pays out which is a percent of our profits. Absolutely there's there are those are some of the classic kind of strategies that we hear about you know get involved with a company especially the one where. You know you're talking about understanding their products I remember back in. I was in Connecticut I believe whereas talking with a group and there's an individual in their who said. He buys apple and why is he by apple he gave us all these reasons and it was all about loving their products loving this living out living this. And whenever I get that explanation of semi saying Alia. I love their products and other CEO I love their their their ideals I love their philosophy we use the word love love love love love like ten times in there which is a teacher for me Asus are showing them as are really giving them an example how they're making an emotional decision. Rather than like a strategic business decision and I trading get and that's one of the things we really focus on is taking the emotions out of it I don't think you could find an active trader active investor out there. I really wouldn't back up that statement that the less emotional you can be. The more probably can be but as far as when we start jumping in and making these emotional reactions it's also been hard to do risk management because what we love so much we love that so much we love this so much. There's no way can potentially fell. And unfortunately those end up being some of our usually some are catastrophic losses because we're so in love that I had a friend they friend Dan a long time ago I still my friend haven't seen him a little bit. But they did used to always say don't love your stocks they'll never love you back. The right now with a half day class coming up in your area and have to class is gonna show you exactly what it takes to be mechanical Veba to be logical and rational and take the emotions out of it. But again specifically to be able to make money as the market's going up down or sideways generate income or retirement when you register for the free half day class. You'll also receive a Wall Street insiders get. Packed with lessons from some more top instructors on topics like shorting the markets income generation capital preservation crypto currency and much much more the and he Wall Street insider kit makes so you can get started right now we have 23 passes one for you one for a friend like I said we're gonna throw Wall Street's insiders Kittin just forgetting registered. But to get them we need you to call now to reserve your seats the numbers 8443998723. That's a 44399. Trade or you can register online at 30 GA class dot com. What things when I'm talking with us is in new student debt and the sexy just happened a couple of days ago we had a brand new student sent an email. Just as they were just looking to get started and as if you look back over the market over the last couple weeks. There's plenty of times we see a lot of red in there you see a lot of big drops you don't foul over a thousand points lost in one day on the Dow. And his emails fairly you could hear the panic in his voice he'd opened up his retirement accounts. And in his email he says the lost 50000 dollars you just from having these drops one of the things that's me and everybody didn't lose that exact amount of money is the market Wednesday at went down. But when you start looking at the retirement accounts is very normal for everybody with a 41 KR IRA RSP and eighty's classic retirement accounts. To take it a substantial hit on those days and this is kind of what you just touching on a few minutes ago in a lot of the investing strategies that we've been. Can encouraged to be involved in. Are very market direction reliant they rely on the markets to go higher buying and holding stock the market has to go higher go back to 2000 today the market's going down final doesn't work. Right mutual funds same thing that relies on the market to go higher go back into these down markets to does Nady in right go back and take that example. You see those mutual funds just falling apart they rely on a bullish market so put these all time highs as we start to have this mass liquidation and all liquidation is is the Wall Street pros taking profit which drives price lower. And it forces kind of all the losses on the buy and hold individuals the losses have to go some more than monies of the vanish into thin air. So as it's plummeting down the buy and hold situation a mutual fund situation is taking that beating wall Wall Street is making potentially record profits. But are some of these things calm and situations you're running across to these you're hearing about John are you working with students. He had in other situations like that where where they've said you that kind of Cummins and mail online trading academy John O'Donnell the rain maker can you help me. We'll show they have a mean people are coming in today because they've seen since the first of the year the market is corrected about 2%. They seem more forget that since march of 09. When the market bottom as measured in the S&P is 666. The market is up over 312%. So to have a 10% correction. Quite frankly if it didn't happen it would have been grossly abnormal. You know markets never. Grow out of the sky there's always a time where markets were back and fill on their way to fill fulfill their bullish. Pattern over time. But there's always an opportunity whether markets are rising. Falling or even going flat there's always an opportunity. For a capital gain if one is to understand our core strategy. Two body in what we called demand zones and sell what we call supplies sounds so we don't have a lot of time. To go into the methodology. Of how that works on on a radio show. But it's a methodology we have used successfully. Matter of fact we've been issued a patent for this particular methodology. To determine high probability turning points in the market. Trading and investing. Israeli nothing but determining high probability turning points as mark to churn hire are as markets churn lower. One side of that equation is graced by greed. The other by fear the challenge that look of fierce side of the equation psychologists of coldest literally for decades. Is a fear response has two and a half times the impact of greed response. Which means that markets are going to ball twice as fast as they go up they give yourself walking up to an incline. How much energy do you expand and fight gravity moving up and think about yourself coming down and inclined we're gravity is actually working in your favor so. As your example that is such a great example just the visual that puts your had a mean. As somebody who has walked up until before had walked down bill before. That is such a great example and we talk about fear and greed you know I remember being in in a class a long long time ago with that was an instructor early on in my trading in the instructor actually talking about those emotions and you were saying how much faster group greed will impact things that you received like a two and a half two and half times I believe you said so. One of the things those that that my instructor brought up awhile back was if greed. Was more powerful than fear everybody would be a billionaire right if green was that motivating. Everybody would be a billionaire and if green was also. A very very motivating. Kind of factor in our decision making we would be protecting our profits in our retirement accounts. If green was that motivating agreed it was kind of this driving force buy and hold would be laughed out mutual funds would be laughed out. Because they don't protect any of that money as it starts going higher and higher. All that money is out on reds seven it's all out on red seven words assay and spin the will. If if you ever found yourself in a situation where look what you've lost money in a crash or you needed more money here you needed better understanding on what to do with your money. Hey this classes for you we've got a half day class coming up in your area the half day classes were you see exactly what it takes. Joyce are separating that greed and fear start making those those logical rational mechanical. Investment decisions so you can be profitable in any market direction up down or sideways when you register for the half day class you also receive a Wall Street insiders get. Packed with lessons from some more top instructors these lessons are on topics like shorting the markets. Income generation capital preservation crypto currencies. And much much more the Wall Street insider jet makes so you can get started right now. We have two passes one for you want for friend in my case ever after on the Wall Street insiders kit just forgetting registered but to get them we need your call now please reserve your seats. The numbers speak for four. 3998723. That's 844399. Trade. Where you can register online at 30 GA class dot com stick with a S the rainmaker and Ryan will be back with you if you. How would you like a second source of income without having to work a second job that does that send just about too good to be true. Well I friends and online trading academy can show you how other people are doing this every day. BC they have a patent and core strategy. They can help you learn how to follow with a big banks on Wall Street are doing and how profits are being made when the market goes up and even when it goes down. Right now they're offering a free Wall Street in senator kit so you can get started right away just call 844399. Trade. You get too low lying classes instructional videos and the guy that will help you learn to build that second income. It's all free call 844399. Trait they leave and throwing to free tickets to an upcoming workshop. So you can ask questions and learn more the market is making all kinds of moves are you ready to move with a golly 44399. Trade 844399. Trade 8443998723. Thanks for making the right choice I don't know what I would get the truth if it warrants for you tossed thirteen seventy. You're listening to power trading radio. Welcome back and if you're just tuning in. You miss John O'Donnell the rain maker shed some light on overall market direction our market situation right now where I'm very volatile times we had some massive drops in the market which are really taking a poll on everybody's retirement accounts right now. I'm ranked coaching here Judy if your regular listener future. In for the first time well don't worry get excited we have some great topics we covered a minute ago but the best is yet to come. And Johnnie L a lot of our listeners are looking to replace there in common they're there they're trading in their with trading and investing are looking to really kind of upgrade their lifestyle. Supplement that income some people are looking for legacy supplemental primary summer is looking to fire their box live life on their own terms. One of the things I always talk about when now when when somebody's going down any of these past as far as income generation in the market is. Is how we touched on in minute ago as it needs to be a consistent process that need to beacons are consistent strategy. And the the example I always give. Is I'm alive by two kids and so there's a consistent outflow of money so we're gonna be using this as as income they need to be consistent inflow of money can't be sporadic it's got to be some that we we can count on. And so with that would our market conditions right now that hole by in the mornings on the afternoon just as something that is really really painful for somebody is the markets are falling. So we've got to take that idea we've got to flip it on its head really flip it around and start working with market activity. Meaning as the markets are going down we're gonna have a strategy that can profit off of that have a consistent and come to be sure rely on the market to pay our bills whether it's today or in our retirement years with Gary making money no matter what direction the market is going because no matter what market goes up market goes down the gas company still wants to get paid my kids are still gonna wanna have their macaroni and cheese you know we still got to have everything that we need to survive. But what are some of the steps that you like to put in place or how do you help some of your students really can springboard into this ability to be profitable even in a down market. Falling all sorts with a plan I mean at the end of the day we need to identify the trend if the market is trending higher. We wanna have a plan to prosper. In a higher trending market. On the other hand if we're in a condition where there is a market reversal and many different variables can cause a market reversal. And the plant and a market starts to trend lower we need to have a plan on how to make money in that condition. On the other hand maybe the trend is not identified as either higher or lower maybe is kind of drifting sideways. There's also a strategy to make money in a sideways market most of the opportunity to make Lenny and a rising market. Is to buy low sell high I think everybody listening the show understands that that by and large. That covers about 99% of the public's biased in looking for opportunity. Maybe 1% of the public is looking to make money in a declining market simply because they don't understand the principles. A short selling which is a very common strategy to Wall Street professionals abuse for ever. To make Lenny in declining markets as markets reversed. And go the other way. Also we can use derivatives to make many in relatively flat markets. So we call that strategy writing an option or selling options again one or 2% of the public. Is comfortable with those other two opportunities. Because they have been brainwashed and may have been saturated. With this buy side bias. The vice side by as works great if the markets are trending higher the problem is right now the markets as you said. Are very volatile I happen to think we've reached a peak in the particular market. And we may go through a substantial period of time where markets are going to either go sideways or lower and we need to have a skill. To identify that by using a core strategy that has been vetted here and online trading academy and determined to hide probably turning points in the market. So the bank everything starts with awareness. You know I have students come to our school about ten years ago. Ryan who was a pilot was 56 year old pilot. And I asked him and as I do in the beginning of all my seminars why are you here. And you might one ask yourself that question why are you in the condition that you're in that caused you to be here today. And he said well I'm here because I am a major. Pilot for a major airline a 56 years old. I accumulated 2.2 million dollars in capital in my pension plan. And the airline went through a business challenge and went into bankruptcy and reorganization the reorganization or balance sheet. The problem look this is he had almost all of his pension. Resource is tied up in company shares cozy the company had a matching grant program he would. Was able to acquire the shares on a very favorable price basis the problem is yet Alder risk concentrated in one company. So it is primary source of income his health care it's insurance. And his pension obligations all tied up in a 401K. He had no diversification whatsoever the first line of defense when markets start to fall. Is a very specific diversification plan that's critical. 21 success. At the end of the day I asked this gentleman will serve you didn't answer my question why are you here. He said John I'm here because I now have 42000 dollars my pension plan down from 2.2 million. I need some help and I need what's called plan B and we helped them develop a plan B to. It is like back on track financially. Yeah and that's the. Unfortunately that's a situation that millions and millions of people there really lived through. Especially during that the last crash 2007 into does not eight into the bottom of 2002009. It was kind of classic 50% drop in the market which if you go back over you know many many decades you back you're a hundred years two and a year's worth of data you'll see drops like that. Very often you know more often than than you realize and what happens is back in the early nineteen hundreds newbie tweeted about it because Twitter wasn't even a thought yet. But now you hear about every little drop in the market because of how much access we have. Really to the news and and right now I'm hearing a lot of people even purge projecting our markets as far as the doubt to be down you in that thirteen thousand area which would be about that 50% kind of correction. Off of the top. Well right now and a half day class coming up in your area in the half day classes where you can see exactly what it takes to protect your money. So you don't have to live through that drops that you can prosper even as the markets are going down some number one. Learn how to protect your money learn that number two or how to generate income as the markets are going lower when you register for the free have to class you'll also receive a Wall Street insiders get packed with lessons from some more top instructors. On topics like shorting the markets income generation. Capital preservation crypto currencies and much more the Wall Street insiders kit especially in these volatile markets is so important because it allows you get started right now. We have to free passes one for you want for friend and like you said were thrown in the Wall Street insiders get just forgetting registered. But to get them we need to call now to reserve your seats the numbers 8443998723. That's a 44399. Trade or you can register online at 30 GA class dot com. John one of the things I noticed about these falling markets and what happens we get into a big market correction and it drops down 304050%. And the average individual unfortunately without the proper skills without the proper education don't know how do. You're just talking about protect their money and and also generate money on the way down it's a simple process. To actually implement into one's life is not complicated it's actually very simple step by step process but one of the things that I noticed. As we come out of the bottom of these markets. It's always interesting that there's a new wave of billionaires. If there's a new wave of billionaires and it's it's such and such name financial tycoon made all this money during the whatever crash the dot com crash the housing crash or whatever crash. Where we're gonna name this well know what we'll name this when yet but what happens is you've got this new wave of billionaires that come out because they know how to make money is the markets are going down. The thing that I I don't know if a lot of people understand is as the markets are going down were losing money. In those buy and hold situations and in those mutual fund situations that money's not necessarily just vanishing into thin air. And when these billionaires are making money as the markets are going down. It is not like pages at a printing machine that is prince them fresh dollars the markets Ari conduit a just hooks everybody together. And when you're losing on one side somebody's potentially making money on the other side right we'll buyer and we have a seller we have two different points of view. One's making it is going up one's making is going down so as were crashing the markets are going down and our retirement accounts are shrinking. What the unfortunate things is is it's not just shrinking it's actually going into somebody else's account. Who knows how to make money when the markets are crashing and that's one of the things that you know our good friends inside has been quoted saying a few times is the markets are just simply transfer of wealth. Transfers money from those who don't know what they're doing to those who do know what they're doing but is this are these topics are these are the things that your covering out of the half day classes. Now as a matter of fact I used to ask my father when I was a young lad it was somebody loses money in the stock market where does it go. My father used to ponder that for a moment say sons it goes to the rightful owner. A doctor at it that's where it goes and the rightful owners that individual. Who understands how write a how to preserve capital B. Using strategies. Either up down or sideways to be on the other side of a nervous novice. Retail participant. Who really Ryan if you really think about it unfortunately the primary reason the public hasn't done well over the years in their for a when K. If TS AD has been up over it. 300%. How many people you know. That have a mutual fund that's up. Anywhere near close to that Hanoi and as of there's there's a lot of reason for that and all over the bogus fees. It's miss timing I mean at the most important skill that we can all have is the ability to kind of market. And if you're interested in really learning more about this you're talking on the candlestick that are out there how we start. Generating income preserving our wealth inside of the free half day classes where we cover all that. And I was like say you know it it it is very important were protecting our money you know I love what you said about what your follies to tell you the money went to the rightful owner you know who listeners out there are financial family everybody who's losing to show make sure you or the rightful owner of the money in your account it doesn't matter how much money we make it matters how much money we keep. And if you ever lost money due to a crash or you wanted to generate profits on the way down he wanted to learn how to really protect your. Protect that nest day protect your holdings and right now we how big class coming up in your area and a half day classes where you'll see exactly what it takes to generate the skills to be able to do that. And when you register for the free half day class you'll also receive Wall Street a Wall Street insiders get. Packed with lessons from some more top instructors. Lessons on topics like shorting the markets which right now is exactly we've been talking about how we make money when the markets are going down. Income generation no matter what direction the market's going capital preservation crypto currencies and much much more the Wall Street insider kit makes this a you can get started right now. We have 23 passes one for you want for friend and like I said were thrown in the Wall Street insiders get just for getting registered but to get them we need your call now to reserve your seats. The numbers 844. 3998723. That's a 44399. Trade or you can register online at three. So TH class dot com but that's a little bit on the income side of things that we started to trickle into the retirement the retired. It kind of tire tracks and as well for the segment to stick around and in the next few minutes we'll be back right in the rain maker we'll talk about these retirement helps a little more in depth. And how to take control room. We'll see off soon. How would you like a second source of income without having to work a second job. That does that send just about too good to be true well I friends and online trading academy can show you how other people are doing this every day. You see they have a patented core strategy. They can help you learn how to follow with a big banks on Wall Street are doing and how profits are being made when the market goes up and even when it goes down. Right now they are offering a free Wall Street in senator kit so you can get started right away just call 844399. Trade. You get too low lying classes instructional videos and big guy that will help you learn to build that second income. It's all free call 844399. Trade they will even throw into free tickets to an upcoming workshop. So you can ask questions and learn more the market is making all kinds of moves are you ready to move with a golly 44399. Trade 844399. Trade 8443998723. This is powered trading radio is now back to the show. Welcome back to the show and if you're just tuning in and you missed John O'Donnell like on the rainmaker Johnnie L talking about. Really generating income inside the markets and some things that we can do when the market is going down shorting you talk about some of the derivatives some of the tools that we can. Used to not only protect our money in a crash but also generate income you also touched on a little bit how it's fairly. Fairly non coincidental that there's a new wave of billionaires. Made every day and every day inside these markets especially during these market crashes and it's that transfer of wealth that money from the person who doesn't know what they're doing. It's new John how you put it into the rightful owners account that individual who does understand how to make money instead of the financial markets there's an old. Oh quotes in my grandfather's office and at the Benjamin Franklin quote it says if a man and Jesus purse into his head. No one can take it away from him an investment in knowledge always pays the best interest lot of our half day classes we talk about our patent course strategy but it's not just about the knowledge it's also. About having the skill to go in and execute inside of the markets and Johnnie L what I'm talking to listeners of the show in class or via social media. Many of them are saying they don't have enough money to retire. And out on those do you have an up top and enough money to retire they're not quite sure how to safely invested especially in these turbulent times. You're a big social media presence I've volume on social media prelude for five thumbs up every day on there I love all your posts what are some of the things that you're talking to the students about as far as. What they can be doing to prepare their retirement accounts or worsen the steps they can take to kind of in surely ensure that they safely navigate. These turbulent waters. Well first of all you to set down and ideally they need to sit down with let's assume a spouse. Or some significant other in their life. And they need to do an asset inventory may need to take. Made sure of what assets that they have to work quit so wait we really did to kind of individuals we run into one individual. Who doesn't have many assets as a matter of fact most baby boomers that we see are financially not prepared. For retirement simple some would say they over consumed during their lifetime. And under saved. If that's the case they don't have a very large. 401K. Your pension. To fall back on and of course Social Security. Is not gonna go great farm average pay out on Social Security they per recipient. Is about thirteen 150 dollars. 482 income family. Of median household income in the United States today which is around 52000 dollars. The pay out somewhere in the vicinity of about code 2400 dollars so how far is that gonna take him. If your median household income needs start when you retire at age 65. Probability is you're gonna live to about 85 or north of 85 well India or nine is a matter of fact granderson new study that's come out. It a new born baby today. Is expected to live given the medical technology advancements over that newborn babies lifetime is gonna live to a 120. I'm not particular interest in living donor going to a but if you're known as truth. You know I you know I started out in the diaper stage in my life I'm not to have interest sitting going to the next diaper stage in my life that comes full circle but that being said. You know the other person that we see that comes to online trading academy is individual who does have a substantial amount of capital that they have accumulated. I had a dentist had come to online trading academy and I asked him the same question I asked that pilot we talked about earlier wire you here sir. And he said while I'm here to give my plan B and I said what do you mean your plan B. And he said and he held his hands up. Brian any had crippling rheumatoid arthritis man and other words he didn't quit his job his job quit him you know and to add insult to injury he had a minor stroke. And he knew that he needed to have an additional source of income other net was in pretty good health. Other then he could not practice his craft of dentistry so what's one going to do. I think all of us need an alternative source of income. Integrated with in a plan to complement our primary source have been come so that we can have a spillover effect into our retirement or the bucket. Because Social Security stud gonna get it done for for yet we all how much money do you need however if you really think about it. You probably need to have a plan that will accumulate north of a million dollars. In near retirement bucket because when you start taking money out of that bucket let's say at age 65. With the hope and expectation of living another twenty years. Costs of living is not gonna go down during that twenty year period of time. Given the rates of inflation that we've experienced. Over the last several decades probability is that's gonna continue regardless of what political party is empower. That being said the cost of living. Will caught. Conditions will cause you. Perhaps the move to a lower tax jurisdiction. Perhaps to move to a jurisdiction has. Perhaps lower cost of living may be little closer to the grandchildren. Those are choices that boomers must make today so I think everything starts with having a plan. And one of the things we wanna talk about is a diversified plan to spread their risk across multiple asset classes. We don't use mutual funds to make that happen you'll learn at the seminar or going to invite you to attend that we use another vehicle. That's outstanding. And more efficient which is called an exchange traded fund and. And really if you've been in this situation before if you wondered how your retirement strategy works you wonder how much you're paying in fees if you're wondering how you can make sure you keep your retirement account on track. And this half day class is for you. K the half day classes greasy exactly what it takes to implement course strategy to buy the divide the appropriate and even determine what is the appropriate investment vehicle for your situation and for your goals when you register for the free half they clash you also receive a Wall Street insiders get. Packed with lessons from some of our top instructors lessons on shorting the markets income generation capital preservation. Crypto currencies retire and retirement account friendly strategies. And all of this Wall Street insider kit makes is so you can get started right now. And with two free passes like you said once you want for friend and we are thrown in the Wall Street insiders kit just for getting registered. But to get them we need you to call now and reserve your seats the numbers 8443998723. That's a 44399. Trade or you can register online that free OGA class dot com. John a lot of our listeners and I've had this question a few times and saw images is do you can hear the path you take it but a lot of our listeners. Art in that that margin account where they can go and short stock right to make money is market's going down. Some are some grocers are some Omar Bossone do you have their money mainly tied up in these IRA and I airy similar type accounts. And what are some of the things they can be doing to profit. During a you just a little bit but I want you kind of expand on the things they can get a profit during these crashes and some of the tools they can use that a retirement friendly. On inside their retirement accounts for protection. Well strategy number one is don't lose money when markets decline strategy number one if you're in. Either an IRA or Roth IRA or even a for a one case. You can simply go to cash. But if you want to be more aggressive. A little more aggressively doesn't mean a 100% aggressive in means maybe 20% aggressive and you wanna stick your toe in the water and participate. In what may look like the start of a substantial decline in price. You could buy what it called put options PUT options do work extremely well. They in essence act like insurance. On the assets that you have either. In ideally within your IRA. Well the two vehicles and we will discuss the pros and cons of having an IRA vs a 401K when you come to the workshop. But we are an advocate that you have much more flexibility. With the use of an IRA. Because you can allocate your resources. The way you want to prosper in rising falling or even flat markets. The other vehicle one may want to think about if one has the opera they're capital in an IRA vs a for a one K. Is to use it what's called an inverse exchange traded fund. Most of these trade on the New York Stock Exchange some of them are leverage some a dimmer on leveraged but there are many many tools available to the public. That they can execute through their broker dealer of choice ideally one that. Exe cute their trade online so they become what we call self directed to the market. And there are many strategies but everything starts with these you know Ryan. Being able to tying that. It's one thing to be able to push a particular button on your trading platform there's only really three buttons to think about buy sell or short sell. It's another thing to have a good timing. Using our core strategy that has. An outstanding track record of adelphi and hide probably turning points in the market. Yeah absolutely and we have these kind of other flawed strategies that are out there as far as like the dollar cost averaging where. Where that's kind of the classic situation is the markets are going down they say just keep buying into that lowers your price. But then you get that double whammy is the prices start to go higher and we keep buying still we sit there and raise our average price back ups if you ever kind of wondered. Why with markets at all time highs why with the market up three. 320%. Why is the market go so fast and why does our our growth goes so slow a lot of is it is because. Of all these things that were doing that are counterproductive inside our retirement accounts now it's counterproductive to us is an individual. But it's a very productive to the people on the other side of the trade that are selling us these products I mean think about it what business doesn't want you to buy their products every other Friday every business does that sound they make money from Wall Street's no different Wall Street out there and have a solemn and auto by program no matter what the prices. Think about your retirement account last Friday or last payday when there was this money went into it what's the price you paid for that fund a bit keywords I don't know just crossed your mind and don't worry that is normal. Dad and I should start off with the worry but it that is definitely normal because that's the situation Wall Street wants us to albeit. Not understanding what's going on keeping us in the darkened keeping us reliant. On their advice if you wanted to take control your money if you feed you dot yourself there's a better way I can make this happen I can do this and I'm not going eliminating stand in my way. Right now we to have big class coming up in your area and it is a must attend at the half day class. You'll see exactly what it takes really take control these retirement accounts and make sure that your retirement account is there for your retirement and not just funny somebody else's. When you register for the free half day class Ross and any new Wall Street insiders kit. The Wall Street insiders kit has lessons from some our top instructors on topics like shorting the markets income generation. Retirement account preservation retirement account growth crypto currencies and much much more. The Wall Street insider kit the big thing within is it makes is so you can get started right now. We have to free passes to the class one for you want for friend were also thrown in the Wall Street insiders get just forgetting registered. But to get them we need you call now and reserve your seats the numbers 844. 399872. Trees. That's 84439. Trade for you can register online at free food TH class dot com. Stick around a little pullback occurred on kind of a lifestyle that traders got a little more time talking about the had a core strategy what you can expect. To see hear and learn how to to free update class we'll be back and if you miss just after this break there is more from Brian in Jennie O the rainmaker they do. How would you like a second source of income without having to work a second job that does that send just about too good to be true. Well I friends and online trading academy can show you how other people are doing this every day. You see they have a patented core strategy. They can help you learn how to follow with a big banks on Wall Street are doing and how profits are being made when the market goes up and even when it goes down. Right now they're offering a free Wall Street in senator kit so you can get started right away just call 844399. Trade. You get too low lying classes instructional videos and a guide that will help you learn to build that second income. It's all free. Call 844399. Trade they leave and throwing to free tickets to an upcoming workshop. So you can ask questions and learn more the market is making all kinds of moves are you ready to move with a golly 44399. Trade 844399. Trade. 8443998723. The right choice you're listening to Howard trading radio. This show. Welcome back if you're just tuning in and you missed. John O'Donnell I liked on the rain maker he's the man the myth and the legendary online trading got me the director of research here. And just been with online trade candy for just over twenty years now so. He is definitely be seeing your hair on this radio show I'm excited to have and whether you're just tuning in first time listener you've been listening the whole show you listen to this week after week. You may be worried I'll manage this down on Johnnie L I missed out on the rainmaker and still his little words of wisdom but don't worry the best is yet to. Com and John a lot of our listeners are not quite sure sometimes that they have enough time to do this deal we've got soccer practice we've got this we've got that after all there's only 24 hours in the day so once you go to work and then you go to soccer practice you take your daughter to ballet whatever it ends up being. We search around over the time and and let's be real when you look at trading and investing movies word evolves. You know trading and investing as kind of a a plot or subplot you have. DD view of all this is. Twelve monitors and it's so intense and everyone's sweating and stressed and that's just not really how it is. In real life and I want to spend some time kind of shedding the light on a really the reality of trading in the opportunities that he can give to you as far as as far as changing your life. And and you talked earlier about about the pilot that you're working with a few years ago we about 2.2. Million dollars a fire remember right. From earlier in the show down to about fifty just not understanding really how to protect things appropriately it appropriately and how to allocate things appropriately. And that's something that happens all the time that lack of education. And that being so so expensive and we're talking about coming in spending a few hours with us. And a half free half day class so you can better understand really how to manage your portfolios how to generate income. And also really how to keep things just heading in the right in the right tree on the right track I was talk about give yourself a full time life not another full time job one of the students I worked with the job I'm sure you have about a million stories like this over the last two years. Nor to the student in on the New England area and and she was a paralegal she's a paralegal. Who ended up losing her job as a she kind of had that negative lifestyle change no no we wakes up in the morning and he goes man I'll lose my job today you all hope today that get laid off but unfortunately we don't. Usually have control over all that right if you don't have that plan B you breast referenced a few times. Then getting in that situation can be very negative and you'll bless her heart she stepped right up to the plate. And said I need to learn how to generate income I should have built a plan B last year but now I need to be a bill plan B this year and that plan B guess what it's now plan a and that was generating income in the market. Soap so fortunate to be a part of kind of the the beginning stages of her education and I was able to run into were about six months down the road I was teaching approach trader class. We're trading equities at the Boston financial education senator used you located in Norwood now it's in Natick I was appeal Norwood campus. And the thing that's happened she register for my class is a student as she came walking in and in the beginning we're all getting to know each other saying hi this is what I'm here for this is what they do. And she stood up and said. You know what I registered for this class then seen rhino while in the wasn't for him. I wouldn't be where I am you know he helped push me he'll hold me accountable and now a full time trader in my life has completely changed and she went on to tell this amazing story. I was choked up she was choked up I was so excited see your wrist so fun. To work with somebody from start to finish and and to be able to seek an amateur elation processed you'll see them grow. Natalie as a traitor but also as an individual and to see kind of be the light just starting to shine from them. As they take control of their life and now live life on their terms. I'm super excited because tomorrow we're just joking about this on the break these guys are teasing me because tomorrow I'm getting on a plane. And I'm going out to Hawaii and there's a group of about eighty students out there proved dour looking to get started on their path and and so unfortunately have taken one for the team and I'm gonna go spend about a week out an ally and force in my life to come with me and no matter where you live whether it's tropical weather it's no and no matter what it is. Didn't mean for the financial education to be able to control our life is the same I'm super excited to be able to go out spend some time on the islands and really help another big group of students really get started with this and then even watch him work with them through this whole process to see candles life changing transformations they go through. But John what are some of the things kind of you seeing her some of the people you worked with were you really seen that kind of epic have transformation. Inside their lives. While that's a big question right back at the end of the day I have seen about a lot of water and in my bridge so to speak absolutely and I've seen some tremendous life transformational stories. We don't have time to go an all out but I wanna touch on one person. I don't what he uses real name but it's a real individual who came to us. And he was a less than minimum wage employee working in the backroom of a photography studio. In Orange County California developing high resolution photographs. And I was very skilled at it I'm. But obviously he was an in a dark environment. Smelling smelling photo of chemicals all day long wasn't very healthy. And he didn't see much of a way out of that environment. Given his state of employment and an education. He happened to be a first generation Korean individual. News came into our seminar after hearing one of our programs like this to say you know this is something I've always wanted to learn. I've got to get out of this environment and an end. This individual came in we like to say that trading is. A skill. It's simple but it's not easy we don't candy coat anything we're very. Candid and direct with people about that the challenge to acquire this skill. If it were easy everybody would doable we have some wonderful. Ed teachers. Professional traders and tools to learn this skill efficiently. And this individualist Colin there's just call them. James. That's not his real name but he took to this like a duck to water went out on our trading floor in those days we had to we owned and operated a big brokerage firm. And calm he struggled at first but he. But he started small stuck with it was. Have a lot of endurance. Was very co trouble. And alert to be. Decisive and disciplined through the approach that we teach that contributed to his success to make a long straight for short. He turned around and was recruited away offer trading floor. I am a major online brokerage firm in the midwest. And went out and went to work for them and became their head market maker in the backroom. This particular broker dealer was recently sold to another large online brokerage firm for an excess of four billion dollars. It's an incredible success story. Now those kind of success stories don't come along every single day. But it is evidence of the high quality skilled at one can develop. And you know what's interesting about James when he walked into my seminar that they Ryan you know he told me. He came in he shook my hand he said I don't know why I'm here. I need to change my life but hey I don't know what stock from a rock can you help me. And I just I just fall in love with his honesty. And he took to this like a duck to water. And the rest is history absolutely. And James if you're listening you know who you are in you know how many people you've touched. That I completely look up to and would not be. Where I am without and so if you're listening to our show today than you know you know how much she loved we appreciate you in the story is phenomenal and if you really wanna take control your life like this you wanna change the course or just upgrade where you are. Then register for the half day class when you register were also gonna give you the free Wall Street insiders kit packed with lessons from some of our top instructors. On topics like shorting the markets income generation. Capital Reza preservation crypto currencies and much much more the Wall Street insider kit makes is so you can get started right now. We have to free passes one for you one for a friend it's all about taking control of your life. Right raising that lifestyle doing the things you wanted to rather than the things you have to do the Wall Street insider kit makes is so you could get started right now but we need to call now to reserve your seats the numbers 844. 3998723. That's a 44399. Trade or you can register online at free OTA class dot com. Johnson of these steps to really getting to where we wanna be BI we say is every restarts at the starting line not the finish line. We all we know you'll -- a lot of people you see how if you wanna make more money they have if you wanna upgrade your lifestyle hands just fly out but it boils down really taking those necessary steps you've touched on a couple times with our patent core strategy in the process is here. Us being candid I mean not not sugar coating everything saying. It's not easy it's not for everybody to order some of the keys for somebody looking to get started what are some of the things they need to do what is on the little things they need to pay attention to. To not have some of those out of the gate stumbles whether they're experienced or brand into the markets. Well number one is because trouble. You know many many times you and I how many times have you met people in your life Brian there are brake coach able. Oh yeah and unfortunately lots of times you know I've having this conversation on my marquise the other day and I said you know there's some people who we need that just aren't a good Fiat and I think the primary reason is they're just not brake coach able. And she said yeah how we tend to marry those kind of people epithet at a that being said. There's three things that we need to number one of one is coach a bowl that basically means accepting of instruction. I am here to tell you I have seen thousands and thousands of people come through our door that have acquired the skills by simply being coach rebel those that struggle. Generally speaking aren't very coach able. And their probability of success is not very good if you're not cause trouble let's be candid about this okay this is a very specific skill that takes coaching. Number two if one is culture bowl one can learn to be decisive. You know at the end of the day some of these opportunities that come in front of us especially when markets are volatile like they've been the last couple of weeks. Is that when the opportunity arises who pushed the execution bun the my father used to say you know an opportunity knocks opened the dough war. And that's important to be decisive in take action whether sabaya acts terrorist cell action may be the action is do nothing. That's okay but be decisive. And then number three. Is being disciplined. The beauty of our core strategy that we teach. If he'll follow the step by step process that we teach you will automatically learned. To become more decisive and more disciplined. In managing your capital and that ultimately into the desired in result but I think everybody. Watts. Right now in a half day class coming up in your area and a half day class. Is where you see exactly what it takes to take control of your financial future to take control of your lifestyle and live life on your terms whether it's today or tomorrow or next year. When you register for the free have to clash also receive our Wall Street insiders get. Packed with lessons from some of our top instructors. So our top instructors on topics like shorting the market income generation. Capital preservation even having the appropriate mindset so we can keep that open mind allowing new information to flow in. The main thing with the Wall Street Wall Street insiders kit is it makes it so you can get started right now. We have to free passes to the class one for you one for a friend and to get them. We need you to call now and don't forget we're thrown in the Wall Street insiders kit just forgetting registered. We needed to call now to reserve your seats the numbers 8443998723. That's a 44399. Trade or you can register online at free OT eight class dot com. Today my guest is John O'Donnell there rainmaker director of research and online trading academies then there are over twenty years. He's forgotten more about trading and I have ever learned John thank you so much for joining me today this with a lot of fun. Thank you Ryan and good luck on that Hawaiian trip might away. Anyway I can carry your bag over therefore you are something you don't think back. Absolutely it's it's a long line of people wanting deterred me out their golf book you write to the front while I got a new Speedo Omega will bring that'll on what to have sold. Hi everybody will see you back your next week it's going to be Ryan possibly the rainmaker again or maybe look Larry the stock doctor I'll check the schedule we'll see you back next weekend. Great great week may all your trade be green blow off. The preceding program was provided for entertainment in general information purposes opinions expressed are those of the prisoner only we make no promises or guarantees of investment performance online trading academy is not a broker dealer certified financial planner or registered investment advisor.
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