What's the five biggest trading mistakes that people make in a market like this moving from investing to trading and there is a difference.

Yeah, the biggest mistakes right now is chasing moves either way. So because we had a huge drop last week, everyone's putting on puts and everyone's looking for shorts.

And number one, please write this down. Do not get biased. The direction of the market long term is always up.

So you may have a three to six week window where you can short the market, but if you're trying to recreate Michael Burr is the big short now is not the time to people begin to leverage and put in too much capital because you're hearing all of the news that that is coming out coming out.

I don't mind you seeing what senators do and we talked about it six months ago, you can go to senators watch and everyone's making the joke about Pelosi.

But you don't want to put in so much capital into a crash or into one particular direction that you end up ruining your trade and account hoping that is going to go a particular way.

Whenever you ask someone, hey, do you think the market is going to go either way as usually assigned that you have too much capital in the market.

So please be mindful number three, because your long term account is getting beat up, you then begin to trade too much number three is over traded.

I'll say it now, I only want you to take 24 trades maximum on the year, ideally, if you are beginner, I want you to take 10, please write that in chat.

Because there's so much uncertainty and I've told you guys before media makes a lot of money off of the clickbait of a market dropping.

Now all of a sudden in every news that you'll see this billionaire sold all of his stocks and these are the three puts or the three shorts is going to have for and then it never pans out.

Right. And like Josh talked about with headlines with Kathy, Elan, Michael Burries, another one. He always drives clicks for newsletters and sites. Please be mindful of that.

Number four, thinking that you have to make up all of your losses and a two or four week period because the market went down a little bit.

Please, if you are down $10,000, $1,000, don't think that you need to trade your way to get back to breakeven.

And put and be honest, how many of you will be better off since you've been watching the show. If you never trade it and just put all the excess money that you have into the market long term.

And I know every crash feels absolutely different.

But even with inflation going up and even with adjustment and quantitative easing, the market is going to be the market. There's going to be five or six dominant companies domestically internationally that are going to run the world.

And that's been true of any market cycle that we've been in. And then number five constantly changing your plan.

So last, I'll tell you guys, when people are talking to you about sector rotation, I said, you're going to rotate yourself in the poverty.

Because when I'm talking to those that run big funds, that's not front of mind.

What is your strategy through and through my strategy is long term to tech, to index.

So if inflation goes up about 15%, the strategy is then destroyed. So you need to know when your strategy doesn't work. I need to do one swing trade per month.

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