➡ The text discusses the psychology of trading and how it can be learned and mastered. It emphasizes the importance of planning trades, understanding market patterns, and managing risks. The speaker also highlights the use of a simulation account for practice before trading with real money. The goal is to gradually grow your trading capital while minimizing losses, and the speaker offers training to help achieve this.

➡ This text talks about a training program that teaches you how to make an average net profit of fifty dollars a day, which can potentially grow into a ten thousand dollar monthly income. The program emphasizes the power of compounding, a concept endorsed by Einstein and Warren Buffett. Despite market volatility, the training helps you capitalize on both rising and falling markets. It’s a free online training that you can join from home, and it aims to equip you with knowledge and strategies to improve your financial future.

The higher the tariff, the more likely it is that the company will come into the United States and build a factory in the United States so it doesn’t have to pay the tariff. That will take many, many, as you know, that will take many years. So there’s two ways of looking at a tariff. You can do it as a money-making instrument, or you can do it as something to get the companies. Now, if you want the companies to come in, the tariff has to be a lot higher than 10%, because 10% is not enough.

They’re not going to do it for 10%, but you make a 50% tariff. Hey gang, it’s me, Dr. Steve, and Trump has been arguing for a while now that he wants to use tariffs to incentivize businesses to come into America and bring a lot of manufacturing jobs to our country. However, many left-wing reporters are sounding the alarm on his tariffs, claiming that they’ll wreak havoc on our economy with consumers paying higher prices. So what’s the truth here? I mean, President Trump is clearly working overtime to improve the economy, pushing many bold economic strategies like tariffs and abolishing the income tax and incentivizing manufacturing relocations in the United States.

And yet the Democrats and the legacy media are largely obviously sounding the alarm, claiming that Trump is busy wrecking the economy that Biden had supposedly rescued. Needless to say, Trump’s reforms are causing the markets to, shall we say, adjust, and those incessant market gyrations combined with the fear-mongering about Trump’s policies are leaving countless individuals, frankly, paralyzed with fear. So what should we do? Well, today we’re joined by an expert who knows how to rise above all of this. Troy Noonan is here to share his insights on how to protect ourselves and our loved ones and seize opportunities amidst this uncertainty.

In fact, Troy has a free online training coming up where he’s going to share his amazing insights that you don’t want to miss. Just click on the link below to register. Troy, welcome back. It’s always great to see you, my friend. Always love to be here, Dr. Steve. Thanks for having me again. Interesting topic. Yeah, yeah, it is. It is. Yep, that’s right. Liberation Day, as Trump would call it. You know, I was it’s really interesting because I was watching a video somebody posted on X of Trump. Oh, gosh, it must have been in the 90s when he was on Oprah Winfrey, you know, talking about how, you know, all these countries are ripping us off and, you know, Saudi Arabian Qatar sending their oil here, but we don’t get a dime from it.

Why aren’t we charging a, you know, a user fee, as it were, to come into our market? So so he’s been pretty pretty consistent with this. And so today, you know, he’s he said today is Liberation Day from from the old sort of neoliberal economic order that was just absolutist in the free trade and the like. What I love about interviewing you, though, is you’re kind of above all of this in the way you you approach things. You know, as I see it, we’ve got two overall dynamics here. We got sort of the shock to the system that Trump’s strategies like tariffs and radically reducing government spending are producing.

And then we’ve got the hysterics coming from the opposition that he’s destroying the economy and yada yada. So as someone who looks at the market every single day, what’s what’s your overall assessment? What’s going on here? Well, you want to know from a trader point of view or just a layman’s person, Main Street point of view. You decide maybe maybe just as a general observer and then get very specific as a trader. Okay, well, whenever whenever any headline news comes out that makes us wonder what’s going to happen next, it introduces some element of uncertainty.

Whether it’s true or not, it’s how it’s perceived the market react and and the markets are always trying to their forward thinking. But the price itself, the price action of, you know, pick your favorite market can’t hide from itself. It always is what it is. And it’s always going to try to find its value. Of course, with every moment things changing in the world. That’s what causes markets to go up or down. And this is a great trading opportunity because of the gyration volatility in the markets creates extremely profitable trading opportunities. And so my point of view is follow the price action.

I don’t think anyone knows for certain what’s going to happen. You know, those that think it’s going to be great might be right. Those that think that it may not be great. They might be right and probably somewhere in the middle is probably where the truth is, but no one knows for sure. And and so markets hate uncertainty. But that’s what we’re faced with every day. Anyway, regardless of what comes out in the news, we don’t know what’s going to happen next because no one can really read the future. And this is also what causes people problems when they try to trade on their own is what they don’t realize is when they place a trade, they’re hoping something is going to happen in the future.

That’s going to work out for them or not. Hopefully it will. That’s and when when it doesn’t go according to plan or according to how they imagine, then they start to do what human beings do and stop that uncertainty because it causes them to feel insecure and insecure leads them to feelings of threats against their survival. Happens on a very primal basis, right? Right. Right. Right. When we’re on our cruise together, I think we got into this in great detail. And so you see a lot of that now magnified because of these huge changes that are just hitting everyone all at once really fast and it creates this huge degree of uncertainty.

So yeah, please finish. Yeah. Well, the good news is is that most of the time when the markets drop 10 percent ish that, you know, a majority of the time, that’s a great time to buy because typically it rebounds and goes up a lot afterwards. Like what happened with COVID happened. He had the worst crash that we could remember followed by one of the best bull markets that we’ve ever instantly. Right. But if you would have missed it, you’re buying opportunity at the when it when it crashed, right? Because everyone’s running away from that fear.

But that’s actually when you got to go bargain shopping. Yeah. So that’s that’s Warren Buffett’s favorite time to go shopping, isn’t it? Yeah, well, I’m not going to argue with him. Well, but what I love about what your approach is, you know, it’s it’s even, you know, is our tariffs good or tariffs about whatever. I love the way you put it because it’s it’s almost like well, it’s it’s the wrong question to ask. The question to ask is how is it being perceived for right or for wrong and that and however, it’s perceived the markets are going to react in accordance with that perception.

So in that sense, perception is reality, isn’t it? It is and it’s fleeting. It’s always changing, too. So I think even taking that question then the next one step further is how can I benefit from it? How can I turn lemons into lemonade and actually profit from these moves? And I think a lot of Main Street people, the layman person who is maybe intimidated by the idea of participating in the markets trading, for example, doesn’t realize it’s it’s a few techniques you can learn and practice and get really good at it’s a skill you can develop and then it serves you well for the rest of your life because imagine being able to make money in just a few minutes a day.

You change your life and it doesn’t matter then what’s happening that is uncertain in the world to make my point. One of my favorite markets to trade is crude oil. Crude oil is a chart and it you know, you can call it Apple computer or whatever. It’s crude oil. It’s a commodity and you push a button to buy you push a button to sell. It’s that simple and our three sessions this week all were winning sessions first trade or second trade hit our goals being bang boom. So nothing’s really changed from my point of view when I look back a year ago to this day practically in April last year crude oil futures were trading in the exact same price range that they are today around seventy seventy one dollars a barrel look back another year.

Guess what crude oil was trading in the same range. It is today and how is the world different two years ago or even just one year ago? I mean, you know, right, right. I’ll know but what’s really changed the markets go up the markets go down the I have this saying that helps clear things up for people and this is this concept that the price action the price of something cannot hide can’t hide from you can’t hide from itself. It is what it is and it’s always right there in front of us and it tells a story.

It tells a story of the collective psychology of humanity all the buyers all the sellers all the people on the sideline that enter and exit the markets at any given time and we’re talking how many millions of people every day, right and it creates these repetitive patterns price patterns and because they’re repetitive we could predict what’s likely to happen next and that makes for a great trade and so it’s really easy to learn how to focus in and learn one of these patterns doesn’t take much time and and then learn how to become successful with it then that’s basically what I focus on with with all the members and the people that come to me to learn how to trade.

Yeah, I remember sitting in your in your your presentation. You did a presentation for us in the cruise and it was awesome. I mean everybody was just blown away by it. You broke out your computer you put it up on the screen and I was wondering I mean, so you’ve got the free online training coming up that people can click the link on to register for can you just give us a little bit of an inside of maybe something akin to what you did with us. I can you walk us through a bit how you approach this, you know, I mean obviously most of us are not traders.

We’ve never done this before. It’s a little bit like, you know, we see this the markets rollercoaster going up and down and so we and we just don’t know what to to quite do and I just remember you just made it so clear and so concise and I said, oh wait, I could do that. That’s so neat. I know. Could you walk us through that a little bit? Yeah, I could try. Well, I create I have to give a little context when I started trading. I didn’t know anything either and I got recruited early on into it one of the early online trading education firms and the internet just started coming into our lives.

I was sitting in on webinars. I just had a lot of success with the dot-com boom, but then suffered some crushing defeats with the dot-com bust and I realized I had some things I needed to learn still and I learned these these concepts structure. What does that mean? It means knowing exactly where you’re going to get in and where you’re going to get out before you take a trade. So the trade becomes planned. There’s this thing that we always say in the trading world, plan your trade, trade your plan, failing to plan is planning to fail.

It’s all these little that we’ve grown up with but they’re so true when it comes to trading. So I started hosting a live trade room in those early years and it was pressure pack because everyone was hanging on to every word and when a trade happens, like we talked about a little while ago. It feels rather uncomfortable because it’s easy to see the trades that already happened and you can imagine yourself taking those and making all this money, but in real life, you’re placing the trade not knowing what’s going to happen next and that’s what gives people problems because it represents insecurity, which on a primal level, again, there’s that threat against your survival that causes you to want to run away from that and stop that.

So you do everything wrong and so you have to learn how to rise above that and not be afraid of the outcome of a trade. And so I always shift everyone’s focus is what my program is called the CEO trader mastermind because it’s designed to take a person trying to trade, which is what we all start out as people don’t make good traders because we’re wired to run away from a threat, right? And uncertainty not knowing the future, you know, peel away the onion layers and it ultimately represents a threat because we’re insecure.

We don’t know what’s going to happen next. That’s what causes people problems. So I teach people how to rise above that to prove a trade plan rules that you follow every day. The same thing every day like running any other business. It tells you exactly what you’re going to trade and how you’re going to trade it every day and you prove that that trade plan will make you money and you learn a few techniques. It’s like learning a piano scale. You learn it slow at first until you can do it really fast.

It takes you little time that doesn’t make you a musician though. So the other thing I teach is how to become successful with that technique and that’s what the mastermind is all about and that’s what the live training is all about. It shows you the framework that we use and it helps shed all the things that will cause us to fail like dead skin off a snake and we don’t give it energy. We just let it fall away and instead we focus on what we can control and we cannot control what the price is going to do next, which is what gives people problems, but we surrender to that.

It’s okay. We don’t need to control that. What we can control is only placing a trade that’s part of a trade plan. We’ve been able to prove through various steps. We’ll make us money and we’ll reach our financial goals. All we have to do is follow that plan and we learn how to do that. Just like you learn any other skill with repetition and you have you have a program that’s almost like a simulator, right? I mean you you show people how to make trades without actually using their money at first, correct? Yeah, yes, there’s a process where there’s price charts, right? The price charts are usually provided by a broker and there’s two particular charting platforms that we recommend that my strategies work on and what my strategies are able to do is identify a specific pattern that happens over and over so often that we can predict what’s likely to happen next and it’ll print right on your chart where you get in where your targets are where your stop losses in case you’re wrong.

It goes against you. You get out with a small loss. That’s okay. That’s part of the process to you go two steps forward one step back two steps forward one step back and you can hit your financial goals like that with very minimal risk. And so that’s what we focus on. We focus on proving the trade plan learning how to execute it every day with and then we earn the rights of passage to start trading with real money. So part of the process is learning it in a simulation account much like a pilot would learn how to fly a plane and the flights.

Right. Yeah, it’s that’s what I thought was so cool because I remember one of the things I was worried about was like I don’t want to learn how to trade the way you learn how to swim. You know, somebody throwing you in the pond and you’re joking there. I mean, it’s like when you saw it when you started showing kind of the simulation that you can practice on first and then once you’ve mastered it then get into the game as well. I just thought that was really cool. It just took away so much of the risk all the risk because there’s a risk when you trade but you’re only risking the small amount that you’re putting on that trade which should be a very small fraction of the risk capital that you have to trade with right.

And so let’s say I have ten thousand dollars to trade with I’m going to recommend to myself that I only risk two percent of my trading capital on any given trade and the trade has to be part of a trade plan that I’ve already proven that the rules say hey here’s the next trade. So what can I risk with ten thousand dollars two percent. I could risk two hundred bucks or I could risk two hundred bucks on that trade. So imagine then you’re winning more you’re losing some but you lose less when you lose you win a lot more and you win and you’re slowly growing your account and you grow it up to fifteen thousand dollars.

Well guess what now I get to give myself a raise and I can now risk three hundred dollars instead of two hundred dollars. I have a slightly larger position on same trades same everything same percentage of risk. The water levels growing the accounts growing my risk is staying the same as a ratio but the position size grows with it. So imagine getting to the point where you’re able to you know you turn that ten thousand dollars into fifty thousand dollars and now you could risk a thousand dollars a trade.

And your exact same trades you’re not working any harder keep compounding. Yeah yeah that’s the magic. And so I always say if you could what I teach is one of the parts of the training it’s called the capital growth workshop that we offer as a bonus to the training but it basically shows you how to take fifty dollars a day if you can make fifty dollars a day as an average net profit netting out all wins and losses you end up with fifty dollars a day per contract as you continually grow that position you can turn that into a ten thousand dollar a month income.

Wow through power and more I mean it goes beyond that once you know a lot depends on how much you’re starting with and certain things but it’s a formula that you can follow no matter what level you’re at that teaches you the power of compounding Einstein’s eighth wonder in the world. Yeah yeah I’m not going to argue with Warren Buffett and I’m not going to argue with Einstein either. Yeah gang this is why I love talking with Troy because it doesn’t matter the volatility doesn’t matter the uncertainty he always just has this way of being able to rise above it and transcend it and show people how they can capitalize whether markets going up or whether it’s going down and he’s going to show you how to do it all you have to do is just click on the link below and join Troy’s free training to equip yourself with the knowledge and strategies that can transform your financial future do not let inaction or analysis paralysis or whatever be your downfall click the link in the description below to reserve your spot today it’s an online free training so you can enjoy it from the comfort of your own couch but I can tell you as one who has sat in on Troy’s free trainings you are going to love this you’re not going to want to miss this this is something that’s very special and it really is going to bless your life so make sure you click on that link below and and join today so Troy thanks so much for bringing some clarity in the midst of all this chaos it’s you always do so very appreciated it’s been my pleasure just want to tell all your listeners don’t worry look at this as a chance to turn lemons into lemonade let’s profit from these great moves it’s not that hard you just got to take that first step start learning you’ll be amazed at how fast you’ll get it yeah it’s awesome yeah make sure you click the link below absolutely thank you man
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See more of Dr. Steve Turley on their Public Channel and the MPN Dr. Steve Turley channel.