Boot Camp Day 1: Take Action
π Video Summary
π― Overview
This video is Day 1 of TJR's trading boot camp, where he outlines the expectations and the commitment required for the course. He emphasizes the importance of taking action, dedicating time, and having the right mindset to succeed in trading, sharing his personal journey and experiences to motivate viewers.
π Main Topic
The importance of taking action and committing to the process in order to succeed in trading.
π Key Points
- 1. Contract and Commitment [0:41]
- He stresses the need for compliance and dedication.
- 2. Required Action [4:25]
- He emphasizes that many people want success but are too scared to take the necessary steps.
- 3. Forget Everything You Think You Know [7:31]
- This is to avoid preconceived notions and to learn the TJR's method from the beginning.
- 4. Embrace the Process and Time Investment [5:26]
- The speaker emphasizes that patience and hard work are essential.
- 5. Personal Experience [9:50]
- He highlights he was once in the same position as the viewers.
- 6. Removing Everything and Market Experience [11:57]
- He stresses the importance of market experience over strategy videos.
- 7. Take Action and Be Different [26:36]
- He emphasizes the need to be different and have a different mindset to succeed.
- 8. Honesty and Self-Confidence [30:06]
- Haters are a reflection of their own insecurities.
π‘ Important Insights
- β’Money comes second [30:37]: Action must be taken first before financial gains.
- β’Market experience is key [39:08]: Learning through market experience is the best way to learn trading.
- β’The importance of journaling and tracking progress [40:34]: Journaling will be a part of the homework.
π Notable Examples & Stories
- β’ TJR's Early Trading Journey [5:01]: He started by searching "trading for beginners" and found it confusing. He was scammed and bought expensive courses that didn't help.
- β’ Basketball Analogy [12:52]: Watching highlight reels won't make you a great player; practice is essential.
- β’ The muscle-up on the cliff analogy [21:26]: Your mind can take 10x more than you think. Put yourself in a position where you have to do it to survive.
- β’ The power of manifestation [25:57]: He used to write daily manifestations in his journal and is now achieving those goals.
- β’ His personal story [24:36]: TJR shares his story from being broke and depressed to owning a multi-million dollar house.
π Key Takeaways
- 1. Commitment is crucial: Viewers must commit to the course, watch every video, and do the homework.
- 2. Take Action: Stop overthinking and start applying the lessons.
- 3. Embrace the Process: Success in trading takes time, effort, and market experience.
- 4. Change your mindset: Be different and have confidence.
β Action Items
β‘ Commit to watching the videos daily. β‘ Comment in the video that you are "in" and ready to commit. β‘ Journal your thoughts and progress.
π Conclusion
TJR's first video sets the tone for the boot camp by emphasizing the importance of action, commitment, and a growth mindset. He shares his story to inspire viewers to take the course seriously and actively participate, with the promise of guiding them toward their financial goals.
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