How to Stay Calm During War Market Volatility

Market volatility rises when the world gets uncertain but this is where trading psychology matters most

In this episode we break down how stoic philosophy applies to trading during geopolitical uncertainty like the Iran-Israel conflict and why disciplined traders focus on what they can control while the rest of the market reacts emotionally. You will learn how to stay calm, stick to your trading plan, manage risk, and avoid emotional decisions when news and fear start moving the markets.

This discussion focuses on trading psychology, stoicism, and maintaining a professional mindset during periods of uncertainty so you can continue executing your edge regardless of headlines.

If you want consistent market breakdowns and deeper lessons on trading psychology and strategy, make sure to subscribe for more content.

Transcript

SPEAKER_00 0:00

Welcome back to another episode of the Stoic Trading Psychology Podcast. Everybody, hope everybody is doing well. Today we are going to discuss how to stay calm during war market volatility and really just market volatility in general. Everybody knows what's going on this past month in the Middle East. Obviously, the whole war with Iran and Israel and the US and all that good stuff here. We have seen the markets go a little bit crazy. I will admit I thought that the SP and gold would be a little bit more crazy. They really aren't. I mean, oil did surge above$100 a barrel from like, I think it was like$68 a barrel was the bottom or something like that. And it actually reached$114 at one point. And that is really the highest since the uh pandemic in 2020. So it's been pretty crazy as far as oil goes. As far as gold goes, we haven't really seen too much. I mean, we did see a spike up and then followed by a significant spike down, which is what I want to talk about here today. Obviously, we're going to be talking about a decent amount of stuff, but everybody needs to understand the term priced in. This war between Iran and Israel, however long it lasts, whatever, people saw it coming. I mean, I remember telling my friends months ago that that that it's coming. I had friends telling me a month ago that it was coming. That's where I got the information from. So people definitely predicted that this was going to take place. Not going to get into politics here, but when Trump takes money from certain people, um, you know, usually that means he'll be doing something for them, and I think that this is uh what he's doing. So, but without getting in too much into politics, it was you were able to see this coming. Obviously, predicting the exact weekend that you know it started is very difficult. I'm sure the some of the insiders knew that, but they've been pricing this in in gold, right? So that's why we've seen gold. I mean, the bottom of gold, I'm gonna pull it up on my computer right now. I know that this is an audio podcast, but the bottom of gold was at about$4,400 an ounce US. And ever since then, that was back in the start of the year or uh beginning of February, and then before we saw that massive drop, it got up to$5,413 an ounce. So when the war kind of started on the weekend here, or the bombing started started to happen the weekends here, we did see gold surge a little bit, but then it tanked. And you want to know why it tanked? Because it's too easy of a trade, it's really that simple. Think about that. There's a war, I should buy gold. Wow, then you should have bought, you should have taken a loan out, credit card debt out, whatever you can, and buy gold. Because duh, right? The there's a there's a conflict going on, gold's gonna go up, but it's not that simple, it's just too much of an obvious trade. And usually when that takes place, that is when we see gold tank. So from the high where gold was last before uh during the when this conflict started, we have seen an over almost an 8% drop in gold. The time of recording here, it has actually recovered a little bit on March 10th, so it has recovered a little bit, but it's just a good valuable lesson on the concept of being priced in. If you don't know what priced in is, you have to get uh familiar with that. These big players, the big players are pricing in these conflicts before they take place. They're pricing in that comp they're pricing in the price of gold for that conflict to take place. It's really that simple. So when you come in and you buy, because duh, there's a war, you're gonna get smoked, especially if you don't have a stop loss. If you wanted to invest in gold without a stop loss, okay, reasonable enough. I I still believe in waiting for a decent pullback, like what we have seen after the event, but it you can almost I mean it does sound kind of obvious too, but you could almost predict this easily where it's like, oh, everybody's in a rush into buy gold, and all the big players are gonna sell to this pe these novice traders buying because they think gold is just an obvious buy. And I've had people over the last since February say, hey Kevin, I'm I'm taking some trades, I'm not doing too bad with supply and demand, some winners, some losers, but I'm thinking about just buying gold because it's just been going up, and I'd just rather just make money on buying gold. And it's like if you just think about that logically, like that doesn't make any sense because then why would you ever take any other trade? You can just buy gold, right? You're it's gonna go up. So that's another reason I was kind of starting to become bearish here on gold because everybody was getting super, super confident in buying gold, and that's the reality is when people get hyper confident, usually you see markets crash, and when people get super scared, that's when you see markets start to go up, right? Everybody's panic selling, panic selling. I did recently watch uh like an hour-long little mini documentary on the Great Depression in 1929, and yeah, I'm obviously I was familiar with the Great Depression before, but I just I don't know, I just wanted to learn about it, and it's just funny the high it's not funny, but you know, the hysteria that everybody had, everybody was like you were a complete fool if you weren't buying stocks, and I just think that that's funny because we've we were kind of seeing the same thing with Bitcoin, and then people got reality check there, and now I think we're seeing that on gold. I am very bullish on gold, but honestly, I'm looking at a chart of gold right now, and I could see us getting a pullback of over 30% on gold to below$3,500 an ounce again. That's where I think we could be headed, and the reality is people won't think that that is possible because oh, there's a conflict in Iran, they're printing money. Well, markets don't work like that, they really don't. So dealing with trading during these markets, like I I am kind of going off on a tangent here on gold, but um everybody just thinks during these times you just buy gold or whatever and you're good to go, and it's just simply not the case. Same thing with oil. We since that whole the whole conflict pretty much started, we have seen oil go up over 50%, and then now since that high, we have sent seen oil crash over 30%, right? So I don't know if anybody's familiar with my channel or how you guys find these these podcasts. Uh, if you aren't from my YouTube channel, I have a YouTube channel at FX Telepath. I forecast the markets every single Saturday, so make sure you guys check that out as you can follow along with my analysis. And last Friday, at the date was um March 6th, so I released the uh forecast on March 7th. I my forecast for oil was don't trade it. It was the first time in the five, six years I've been forecasting here on YouTube where I said my analysis for for oil is to simply not trade it. It's really that simple. And I was kind of implying the same thing on gold. On gold, we had a couple decent zones, but it's just too crazy right now to trade gold and oil. So that was my forecast for oil, was just to simply not trade it. It's not worth it. Sure, yeah, you could have bought and you could have gone on you could have got in on a over 50% move, but those are so rare, and you and the problem is these these novice traders, they they don't think that stop losses are important. So, you know, me personally, I could trade oil because I'll have a stop loss in place and I won't, you know, completely blow my account. Where beginner traders will most likely blow their account. I had somebody message me the other day, I'm not gonna name names. This person's a very nice person. Um, but they were talking about how they grew their account from$50 to like$500 or something like that in like eight days or something like that. And I'm like, okay, whoa, well, you are taking excessive risk. And they thought that it was an excessive risk because it wasn't really a lot of money, right? Like$50 and$50 to some people is not that much money, but it's you have to think about it as a percentage of your account. So I'm like, obviously, this person is risking half their account or a third of their entire account, they're not risking one percent of trade to be trading to make that return. So, you know, that's the problem with beginner traders they don't really understand these things. So if you are a beginner trader and you are seeing these markets like this and gold and oil, it's okay to not trade. Okay? This that maybe this who knows? I've seen people say that this this conflict is gonna go on for years. Uh, it's another Iraq. Who knows, really? Like it's very difficult to predict. Um, I think it's possible, but obviously, let's say, let's just for the sake of our argument, let's just say that this Israel-Iran thing and US thing goes on for I'm trying to be careful with my words here because I don't want to get banned on YouTube. I don't know how strict they are, but let's just say it goes on for 10 years. This market volatility is not gonna be like this forever. Obviously, things will call let's just say it goes on for 10 years, things are gonna calm down and we'll go back to normal market conditions. Obviously, yes, some weekends or sometimes there will be spikes because whatever. I'm not gonna get into details and and be hypothetical here, but obviously, over the course of the 10 years, let's just pretend there will be times of crazy market volatility, but things will go back to normal as well. So it's really not a big deal to not trade and not take any trading setups. Me personally, I have seen a couple setups uh in some of the forex pairs. I am personally avoiding gold and I am personally avoiding um oil right now. I'm just really I mean, I have seen a couple setups in oil. We actually had one of my nice one-hour zones work beautifully, but I just I am not in the trade. And one thing you have to get through your head as a beginner trader, and if you want to become a stoic trader, is not being in a position is a position. It's called having cash. That is a position, and you have to get that through your head. You don't always have to be in a trade, and I know that's difficult for some people who you know they day trade, they're expecting to get a couple setups a day, and it as a that's why I always recommend swing trading for beginner traders because um it just helps you practice patience, which is a huge part of trading. Um, I personally will never day trade. I just I don't want to be at my computer all day. I'd rather just place trades and answer messages in the group and uh just not have to be tied to a computer. I want to go golfing, I want to play hockey, I want to live my life. So I like to swing trade. I will personally never day trade. If I did day trade, I would I'll be honest with you, I would expect to get at least one setup a day, five setups a week. That's what I would expect. So it is difficult for people to say, hey, I'm not gonna be trading uh right now, and that's why it's good to trade multiple pairs, multiple instruments as well. Um, because one market could be going crazy, you don't want to trade it, and you might want to go trade something else. So you have to get through your head that you don't have to be taking trades, you have to understand that that saying, I'm not gonna trade oil until these things, until these market conditions calm down, that's a professional level move right there, and it's really not that difficult to do that. You just don't trade it, and then you might get caught up in the hype where where you see oil going up 53%, and then it's completely crashed back down to pretty much where it's starting to begin to rise, and you might think, Oh, I gotta hop on this now, and you don't. That's the truth. You don't have to hop on it now, and I wouldn't. It's really that simple. Very, very sketchy to be trading a market that goes up 50% in like two days, and then down 30% in two days. How are you gonna trade that? It's as easy as it is to get in on the move to the upside, it's it's almost easier to get screwed um by you know getting screwed to the downside as well. It is very, very easy to be doing that. So even the SP uh dropped it a little bit, and uh it's it's funny. There was a good zone on the SP 500. I'm looking at it right now on the four-hour chart. Some of the um the people who've been watching my forecasts have been they you could you could tell that I've been pointing at the zone for a while, and we gapped down into the zone and then broke that four-hour area of demand. You can go watch my forecast on YouTube and you'll see the exact zone that I'm referring to. And we broke through the zone by a little bit. Um, it wasn't like a massive break. If you had a wider stop loss on this one, then you actually would have been pretty fine. But that's another thing, that's a bummer, right? I've been waiting for the zone for a while, it was a good zone, and then this whole conflict uh completely screwed me on that zone. But just so you guys understand, that's gonna happen as well. You're gonna be waiting for a zone forever, and then this marketing conditions take place, and you'll just take a loss, and that's all part of the game. And you know what I didn't do? I didn't blame Trump, I didn't blame Israel, I didn't blame Iran, I didn't blame anybody except for myself, because I should have had a wider stop loss on the zone. If I did have a wider stop loss, then I would have felt more comfortable, or sorry, if I had a wider stop loss, then I would still be in this trade for less of a risk reward because you know you have a wider stop, your risk reward is gonna be worse, but I would still be in that trade, and that's this is just a little insight. I've been telling the members and everybody in these market conditions, wider stops are gonna be your best friend, and I did somewhat of a wide stop, so it's not like I didn't follow my rules there. I did somewhat of a wide stop, but I honestly should have paid more attention and did a wider stop uh than that, and that's the reality. You can't like I made a mistake and I'm owning up to it, and I'm basically telling you guys about it to help you guys learn from my mistake. Wider stops in these market conditions is one way to deal with these types of trading conditions, wider stop losses, be less aggressive with trade management or sorry, more aggressive with trade management. Meaning if you get a trade and it's counter trend and you know that you know there's a conflict going on right now and your trade's at two to one, you know, maybe take 80% of the trade off and put your stock to break even. There's nothing wrong with locking in profit. Like in normal market conditions, if you're trading with the higher time frame trend, everything's looking great. You don't want to close your trade at one to one, two to one. You want to let that ride. But in market conditions like this, it's okay to take profit. It really is. Uh, I'm not saying, you know, buy a zone and at like 0.1 to 1 take your profit because profit's profit. I think that's not a good idea. But anything over a one-to-one in these conditions is pretty decent. Um, obviously, yeah, I think two to one's like that good middle ground. But if you're trading very volatile markets and you know that maybe Trump's about to speak on the war or whatever, then it's good to lock in profit. There's nothing wrong with that. But again, it's trading is so like there's there's good rules and good things to have in trading, like good concepts to have, but you also have to understand that those concepts can change based off of market conditions. You have to understand that. So that's kind of the nuance in trading. And when I I will admit, when I first started trading, I thought it was just like, oh, well, you'll have a set of rules, and that's what you'll do. Like, for example, I've been I before the last couple years, I've been sorry, before the last couple years, that's what I meant to say. Yeah, trading pretty much with the only with the trend, looking for the higher odds situations, and I did well, but I started to notice that I'm leaving money on the table with these counter trend trades, and all you have to do is just be more aggressive with trade management, trading counter trend. If you don't know what I'm talking about, check out my course I just released on YouTube, Set and Forget Trading Full Course. I break down exactly what I'm talking about because I was leaving money on the table because I thought that well, trading with the trend is the higher odd situation, so you should only be doing that. And I was wrong. There is money to be made trading counter trend, you just have to be mature enough and responsible enough and professional enough to understand you can trade those lower odd situations you just are that are counter trend or you're at an opposing zone, you just can't be greedy, and that is another way to deal with market conditions because market conditions typically mean like this war that's going on, but also if if if you know the SP 500 is really trending down and you're looking for buys, it's kind of aggressive. So you have to understand those market conditions and deal with them accordingly. So, some ways to deal with that, like I said, risk less, right? If let's say you normally risk 1%, there's nothing wrong with risking a half a percent, understanding, like, hey, I could get spiked out of here because Trump could come on the radio and or on the TV or whatever. What is this, 1940 on the radio? Uh Trump could come on the TV and um you know he could say, Oh, we're gonna escalate this war even further or whatever. I'm just making stuff up. And then you could see a massive spike and you could be stopped out. Where if it was normal marketing conditions, you wouldn't have been stopped out. So risking less is always an option, especially if you're new. There's nothing wrong with risking less, and that's the problem. It all ties in together with previous podcast episodes of everybody thinks they're gonna get rich quick, everybody wants to turn$30 into$30,000 because they saw this stupid YouTuber guru talking about how he made$20,000 a day trading or turned$50 into$50,000 and three months trading, and all that stuff is completely bogus BS, and those people belong in jail. You guys know me, I'm very um outspoken on that. I don't really mention names because um these people, I don't know, I feel like they have some sort of backing. I'm not gonna get into it, but um, I think there's a reason they're not going to jail, and in reality, they that's kind of where they belong. They're making these promises. I had somebody message me the other day, hey, I would like to join your group. I'm like, okay, no problem, join the group. And they're like, what is the average return um that the members are making? And it's like, that's not what this my whole Discord group is about. We're about learning, and the whole idea, like, what am I gonna say? Like, oh, the average, if you join my group, you'll make 3% a month. Like, what a stupid, and I'm not calling this person stupid, but it's just like everybody's so brainwashed, and just they have delusional concepts of what trading is, and they have to understand that if you are tying or beating the SP 500 average return, which is like 8% a year, 8 to 10% a year, you are doing fantastic at trading. And then I got a comment because I mentioned that in one of my videos. I got a comment from a gentleman saying, Why is it even worth it then? Well, because you could let's say you invest in the SP 500, you make eight percent a year, 10%, let's just say 10%. Let's just say you invest your money long term in the SP 500, you make 10% a year. Well, if you're trading and you make 10% a year as well, you now have a 20% return. So it is worth it. But everybody thinks you got to make turn fifty dollars into fifty thousand dollars, and I've talked about it here before. Anyone who's ever taken a trade, think about how hard it would be to turn$50 into$500, and the problem is they think that it's it's just a small amount of money, so they think, oh well, it's it's really doable. But think about that$50 into$500, that's consistently making a hundred percent return. It's incredible. So part of the problem is everybody wants to make money quick, that is the issue, and I don't blame them because they are being psychologically manipulated here on YouTube um by these fake gurus who are promoting um these returns to sell their overpriced probably thousand dollar, two thousand dollar course. And uh you know, yeah, I'm sure you can learn stuff in their courses, that's fine, but you are overpaying, it is insane, and the reason they are uh uh charging that much is because they have basically gamified their whole course thing because and the reason I know this is because I've had people message me who are promoters of these people or whatever, and they've talked to me about how you need to sell your course for more because people are only gonna join because this is a high I think it's churn rate, is that the is that the right word? Like, this is like a high, like, oh, I'll join the course, I'll try to trade, and then they give up after like a month. It's there's a high probability of that to take place, so you want to charge them more, and that is like the marketing tactic there. And I have refused to do that, I've refused to take their advice. Um, I do have a lifetime membership, which is more money, but it's because my god, I mean, I do a daily breakdown video every day that's like 10 minutes. I do an hour, hour and a half long Sunday Zoom session where I'm taking questions, doing homework, and I do a live stream on Sunday as well. I'm always in the Discord, I answer every single message. So, you know, to pay the lifetime membership, it's really worth it. And I'm not this is not to hype up my course or anything or my Discord, but I'm just saying I do charge more for the lifetime access, but and it's literally. Less than some people charge, like a month or whatever. So, um, anyways, yeah, everybody's just they they want to get rich quick, and then they see this market chaos, and they think, I gotta capitalize to the upside on this, and what is my best trade? And then they see oil going up 10%, and they're like it's gonna go up more, and they they ride the hype, and then next thing they know, and they don't have a stop loss because they're new. Next thing you know, oil's tanking, and they've blown their entire account. Blowing your account should never happen. It shouldn't you like I have never come even close to blowing my account ever, like not even remotely close. Ever. Like, and the reason is because when I first started trading, I always understood from the beginning you don't risk more than one percent of your trading account. I've always understood that. And I've mentioned it here before on the podcast, but obviously it's a podcast, so I'll have to repeat some of the same stuff. But one of the people I was learning from, they mentioned it how you know, not only do you want a stop loss because it prevents you from losing more than you want, but also it it makes it so you don't have any capital tied up. So you could be in a trade, and then you know, it could tank. And then now you have capital tied up in that trade because you're waiting. Let's say you don't sell, you're gonna wait for it to recover. Well, you like let's just say it does recover. Let's just say best case scenario, it does recover, but it takes two months to recover. You're not taking any trades in that two months because all your capital is tied up in that one trade now, and you're just waiting for it to recover. That's best case scenario. Worst case scenario is it keeps falling and falling and falling, and finally you just want to stop the bleeding. And let's say you have a uh, I don't know, five thousand dollar account, you want to stop the bleeding at a thousand bucks, and now you're down four grand, right? Because you just want to finally stop the bleeding, and then you know what you know what most likely will happen when you sell, it's gonna start to go up. It's just funny how it works like that. And trading will test you guys, trust me. It reminds trading reminds me about uh of poker so much where like you're taking a you you you talked about this before as well, where you start to trade, you overtrade, you take too many trades, and you lose. So you're like, okay, I'm gonna be patient, I'm not gonna take that many trades, and then maybe you see a setup, you're like, uh I feel like I'm rushing this one, I'm gonna wait. And then that trade works out beautifully. So now you're like, okay, well, I can't hesitate, I have to take the trade, and then you neck you take the next trade that's actually a mediocre trade, and it loses. And then it's so just it's very it tests you psychologically. Reminds me about playing poker, where like I have been on a bad streak in poker. I've definitely been playing less the last couple years, but I've been on a pretty bad streak, and it's just fun, like I was playing against my buddy the other day, just heads up, me versus him, just for fun, nothing crazy. And it's like I couldn't hit anything. I couldn't get so I couldn't get any cards, I couldn't hit anything when I did get cards, or if I did get King Queen suited or something pretty flop, I'd raise, he'd fold. So I didn't even get to see the flop. And then finally, when I won, I hit some we I don't know how much people know about poker, but I I hit some weird gut shot straight draw with like Queen 8 suit uh with queen eight, and I'm like, finally I got him. He he went all in on the river. I'm like, let's go! Finally got him some weird gut shot straight, where it's like a very uncommon hand I could have. I call us all in, he shows his hand. I'm thinking I win. It was a chop, he had the exact same hand, and like it's just so rare, and it just like was so triggering where it's like, oh my god, even when I do win, I I I tie, right? And and and just reminding me of trading where it's like you take a trade, you should have moved your stop to break even, and you didn't, and then price came back down and stopped you out for a loss. So next time you're like, I'm gonna put my stop at break even. So next trade comes, you take the trade, price goes any direction two to one, you put your stop at break even, looking for a three to one, price comes down, just touches your break-even, shoots up for your take profit. That will happen, I promise you, 100%. And that is the frustrating part about trading that everybody has to deal with. And if you can't handle that, it's really not for you. So you have to be able to handle these triggering moments, you have to be able to handle dealing trading in these market conditions and understanding that you're gonna take losses during these conditions because that's just that's how the market's going right now. But again, you can do things to mitigate the damage here. So, like not trading oil right now is a good idea because it's so volatile. One bomb here, one quote here from Iran, the Iranian leader, the Benjamin Netanyahu or Trump, and oil spikes up or oil drops. And then zones, uh, we trade supply and demand zones in my group, they just blast right through as if they're not even there, and that's and that's the reality. So, one way to do that, one way to deal with these market conditions, don't trade certain markets that you know are going crazy. So, for example, like I'm looking at the Euro and these forex pairs, and they're acting pretty decent, like there's nothing, there's nothing really showing me like wow, we shouldn't be trading this. But then you look at oil and or and oil, and you're just like, Okay, whoa, I don't really want to be trading oil right now. Look at the crazy moves, and then gold, gold doesn't look that bad, but the problem with gold is you know, one you see a nice supply zone short, and then one bomb later, one quote later, and then gold just absolutely tanks or absolutely goes up. It's very difficult to be trading gold during these times. So I would deal with I'd be trading the markets that are um less crazy. That is one option. Another option, risk less money. I've already talked about that here. Just risk less. Number three, just don't trade at all. Let the initial couple weeks of the conflict play out. Take a break, spend time with the family, the kids, whatever you gotta do, and then you can begin to trade later. That is obviously uh another option, and obviously, you should just be trying your best to understand that you know, even a professional trader in these market conditions, it is very difficult to trade. Um, you have to just understand that. You have to be understanding, you have to understand you're not gonna hop on these crazy moves. You're not just because the wars are just because the markets are volatile, doesn't mean that you're gonna try to make a 30% trade. Okay, it's stupid. And then you know what's funny about these times, too. It's uh oh, these your favorite online trading guru always just happens to be at on the positive side of that move. Isn't that funny? And then just on another note, another rant, the big thing now that I see all these people doing is like I am showing they they show their 50 grand winners every day, and then the one day they lose five grand, so they're trying they're showing their transparency. That's just like a funny, funny concept to me. They're showing their transparency by always showing their fifty thousand dollar wins, and then uh the one day they show their five little five thousand dollar boo-boo loss, and uh yeah, so these are the ways we can deal with these market conditions. Don't feel bad if you've taken a couple losses during this whole conflict and everything, don't feel bad about it. Just deal with it properly, be stoic about it, understand like and don't blame anybody but yourself. Obviously, if there's a good zone and let's just say you're not trading oil, you're not trading gold, you're taking my advice, you're just trading a regular old forex pair, and then you take the trade, and then price spikes up above your zone and stops you out. Don't put the blame on any other people. If and ask yourself, am I blaming so never blame anybody else? But ask yourself, was this on me? Should I have taken this trade uh because Trump was speaking later? Ask yourself that, and then at that point, don't put the blame on anybody. Like, if it was a if again, if you're trading oil short and you get completely screwed, that's your own fault. I've given you the advice, don't trade it. That's your own fault. Understand when it's your own fault, understand when it's like, okay, these market conditions are crazy, that's why I lost. Not really my fault, but I'm not blaming anybody else either. Um at this point, I just you know think about just maybe taking a break. Uh be stoic about it. Don't blame anybody else. Be stoic about it, do the proper things. Be stoic. That is what this whole podcast is about. I hope you guys enjoyed this podcast. If you have not followed me or subscribed to me on Instagram or sorry, on YouTube, at FX Telepath, I also have Instagram as well. Uh, make sure you guys do so. Follow along with my forecasts every single week, every single Saturday. That's the beautiful thing about my channel, is I put my forecast out there, I put my analysis out there for the world to see. And it's probably one of the least popular Forex forecasts, which is funny, but I put it out there for people to see, for people to judge themselves. You can go back and watch the past six years of me calling out these markets, and that's the beautiful thing about my channel. It's not hindsight. I'm not just posting PL. I'm not talking about five dollars and a 50 grand or become a professional trader in three months or fundamental analysis BS like that, uh, which I'll be doing a podcast on why fundamental analysis is completely unrelated. So make sure you guys stay tuned to that. Follow me on YouTube, subscribe to me on YouTube, follow me on Instagram. Obviously, I have the membership as well, but I don't recommend joining my membership until you have watched. Follow along with me for my forecast for the for a couple weeks or a month first, so you can actually see the accuracy of these trades being called out beforehand. So become a stoic person. Uh have a great episode on that. Become a stoic person, become a stoic trader. Okay, there are things you can do to mitigate the damage you can receive in these barking conditions, and that is on you. It's not on anybody else. It is completely and entirely on you. So I hope you guys enjoyed this podcast. I will see you in the next one.