The Broke Millionaires
Building Wealth, Raising a Family, and Keeping It Real.
We share the unfiltered journey of growing wealth through mid-term rentals, creative finance, and home renovations - all while raising a young family. From sacrifices and struggles to wins worth celebrating, we bring you real stories, smart strategies, and the behind-the-scenes chaos of chasing big dreams.
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The Broke Millionaires
E47 | WARNING: Your 401k Is Designed to Keep You Working Until 65 (Here's Your Way Out) | Kam Dasani
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Most people try to preserve wealth before they even have it. In this episode, Kam Dasani reveals why he quit his $250K Silicon Valley job to become a full-time options trader—and how his copy-paste swing trading system helps busy professionals accelerate wealth faster than any 401k or index fund.
We break down:
- Why 401ks and index funds keep you stuck
- The 45-second options trade anyone can do
- How swing trading beats day trading for busy people
- The #1 mistake new traders make (and how to avoid it)
- How to copy ex-Wall Street traders’ moves
- Why Kam’s mom still thinks his success is “fake”
- Is this better than real estate or crypto?
Kam shares real results, risk management tips, and how you can start with just $5-10K—even if you’re a total beginner. If you want financial freedom, location flexibility, and a proven system for building wealth, this episode is for you.
Resources & Links:
- Free Trial Discord: https://discord.gg/TKrdXJ4JWn
- Follow Kam on instagram: @profitwithkam
- Book: Laughing at Wall Street by Chris Camillo
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Legacy Wealth Builder: bmlegacywealthbuilder.com
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Disclaimer:
This episode is for informational purposes only and is not financial, tax, or legal advice. Options trading involves risk and may not be suitable for all investors.
There are certain things that are meant to grow wealth, and there are certain things that are meant to preserve wealth, and most people are trying to preserve wealth before they even have wealth. So a 401k is gonna get you 4% a year, which if you have like a few grand, like that's not gonna do much for your life. Even if you keep doing that forever until you're 65, now you got 10 years to live, and maybe you have a couple hundred grand, which will be gone in a few years again. So the irony is that most retirement plans don't even lead you to retirement. What gets you to retirement is taking big risks, and eventually one of them or two of them pay off. Okay, so that's how 401ks work with index funds. Yeah, you can get a 6 to 8% return a year after inflation, but once again, it's a wealth preservation tactic, not a wealth exploration tactic.
SPEAKER_00Welcome back to the Broke Billionaires, where we document our daily struggles in building wealth while raising a young family. Join us as we talk creative wealth building for everyday people and couples that are struggling in a down economy. I'm Lauren.
SPEAKER_01And I'm Joshua Nassari, and we'll be your host.
SPEAKER_00Welcome back to The Broke Millionaires.
SPEAKER_02Today we have Cam DeSani, who's doing big things in the trading space. We're gonna learn a little bit, it's kind of a different like mix-up from what we usually talk about. Uh, this is something I have I have a little bit of background in, but excited to see what you're doing with this and see what we can learn. So let's get into it.
SPEAKER_00We're excited to have you, Cam. So you were making 250,000 in Silicon Valley. Why did you feel like that was a trap?
SPEAKER_03Yeah, so there were always three things that I thought about that I didn't have, and that was location freedom, time freedom, and day-to-day flexibility, which is different than time freedom. So time freedom is actually having the time to do the things I wanted to do. Day-to-day freedom is can I work out when I want to? Can I get a haircut when I want to? Can I go to the bank when I want to? And just simple things that I realized corporate didn't give me. So that's why I felt it was a trap. I also felt like every time I had like ascended up the ladder, there was, and this is not a victim mentality, but I always felt like there was something getting in the way of me getting to the next level of my career that really wasn't in my control.
SPEAKER_01Got it. That makes sense. Just a quick disclaimer the information shared on this podcast is for informational purposes only and should not be considered as financial, tax, or legal advice. Always consult with a qualified professional before making any financial decisions. Your individual circumstances may differ and require specific strategies not discussed here. Now let's get back to the show.
SPEAKER_02So I have a little bit of background in trading. You know, I've done the stock thing, I've done day trading, I've done swing trading, and not done very I did okay. I I did, I was I was making like so between jobs or between starting my company I have now, I was had like a three-month period where I had nothing to do. And so I just sat on the screen all day. This was 2016. So I was trading like Tesla, AMD, NVIDIA when they were just all over the place. So you could make a lot of money because everything was just moving all over the place. But then I'd like not pay attention to the screen for a couple days and I'd lose like 10 grand. So I was like, okay. Or once I started working again, it was like I I I had meetings and I would miss something that happened in the news and like boom, just missed it. So so that like ended up not working out. And then I started doing credit spreads, which was a safer way to do it, but it it was just boring. It was too slow and didn't really make a lot of money. So it was kind of not, didn't really go the way I wanted it to go. What would you say you do? What is different than some of these other strategies?
SPEAKER_03The biggest mistake that people make when they're working in corporate and trying to find like a side hustle or business venture to start is they're trying to be full-time entrepreneurs or business owners while they already have a full-time job that's taking up all of their time. That's why it's called full-time. What I found was a part-time trading strategy called swing trading options, because you don't have to monitor things every second of the day, like a day trade. You can enter a trade on a Monday and sell three Mondays later. And in between, it's gonna fluctuate a lot. But the way options works is you're able to put an expiration date on a trade. So you can say, hey, this prediction that I'm gonna make in the stock market is gonna end on this date. And in between, I can look at it, you know, when I have free time, but I'm not bogged down by charts and technicals and things like that. So I realized I could do that part-time alongside my job. That's how I started making my first few grand a month in the stock market. And then once I bought my time back, eventually making, you know, six, seven, eight K a month, I'm like, okay, if I leave my job and I do this part-time strategy, but spend more time learning other full-time strategies around it, now I can be a full-time trader. But the problem is most people are trying to be full-time before they should.
SPEAKER_02So, how long did it take you from when you kind of figured out the strategy to where you could actually walk away from the corporate life?
SPEAKER_03So in 2017 and 2018 was when I was working at a fintech company called Veeam in the Silicon Valley, which is basically an international payments company similar to PayPal, but more B2B. And Goldman Sachs was an investor in the company. So I met a lot of Goldman guys through that network, learned how to trade from them, was trading part-time for two years before I was like, okay, I'm actually gonna move back home and give up my apartment in the city, which was super expensive because of San Francisco, and just live at home, save my money and just reinvest in this craft. So after like two and a half to three years total. So, like after two years of part-time, moved home, another six to 12 months go by, and now I'm like really full-time.
SPEAKER_00That's awesome. Why don't 401ks index funds or even crypto actually help people leave their jobs?
SPEAKER_03This is when it comes down to investing in the wrong order. So there are certain things that are meant to grow wealth, and there are certain things that are meant to preserve wealth, and most people are trying to preserve wealth before they even have wealth. So a 401k is gonna get you 4% a year, which if you have like a few grand, like that's not gonna do much for your life. Even if you keep doing that forever until you're 65, now you got 10 years to live, and maybe you have a couple hundred grand, which will be gone in a few years again. So the irony is that most retirement plans don't even lead you to retirement. What gets you to retirement is taking big risks and eventually one of them or two of them pay off. Okay, so that's how 401ks work with index funds. Yeah, you can get a six to eight percent return a year after inflation, but once again, it's a wealth preservation tactic, not a wealth acceleration tactic. Crypto is is different because I'm a crypto investor as well. But the way I would describe crypto investing is it's basically angel investing in tech companies. You're gambling on a lot of things and hoping one hits really big while the rest lose. So, once again, not ideal for somebody with a few grand who's trying to, you know, quickly build a portfolio in the market. That's more for somebody that has like 50 grand and they're like, hey, I don't really care what happens to this 50 grand because I'm making so much money doing whatever. Let me take a few gambles. With tech companies, if you want to invest as an angel investor, you have to be an accredited investor. Crypto has made it so you don't have to be an accredited investor to take those big swings. So hopefully that answers.
SPEAKER_02Yeah, that breaks it down for sure. Uh, I want to go back to like working full-time or working corporate. Why do you think it's so hard for uh to start a business or to day trade while you're still working full-time?
SPEAKER_03Because, okay, so the reason that this comes down to like why most people lose money trading over and over again, it's because to actually execute a trade, it doesn't take a lot of time. It takes 45 seconds. There's only four buttons to click on Robinhood. The stock you want to trade, the prediction you want to make, the date the uh trade expires, and how heavy you want to invest for things. That takes 30, 45 seconds to do. The research, though, that the Wall Street guys are doing, they're always gonna beat the average retail trader who's like working and like kind of watching the news and like kind of reading stuff and kind of having his charts set up and like doing technical analysis. It's the same reason Mark Cuban says, I won't invest in a part-time entrepreneur on Shark Tank. It's because they're not gonna beat the guy that's going full-time. So that's when I realized I'm like, okay, most people still aren't gonna be able to just have the luxury of moving back home, giving up their apartment in San Francisco, spending two years figuring this out part-time while at work, and then going and trying to become full-time. So what I did was I was like, I took these Goldman guys that I had met and I was like, look, how much money do you guys make at Goldman trading? And they were like, oh, we're on salary of, you know, two, three hundred, four hundred K, whatever. I'm like, okay, do you like, you know, wearing a suit and going in every day and working, you know, 80 hours a week, whatever, and trying to climb the ladder? They're like, no, no, not really. I'm like, would you make more money if you trade on your own? They're like, yeah. I'm like, would you make more money if you trade on your own and consult for others? And I was like, they were like, yeah, but we don't know the internet world. I'm like, I know the internet world. We became partners, and that's when I realized I'm like, the hard part is the system, is creating the system that actually makes sense for the corporate professional that can literally just copy trade, that can look at my portfolio, look at my trades, and say, you know what, we're gonna enter those same trades because we've done our due diligence and we've looked at the trades that I'm entering and exiting for six, 12, 18, 24 months, and they have confidence that they want to follow me. So that system makes it easy for corporate professionals as well. My guys are doing all the hard work glued to the screen every single day.
SPEAKER_02Makes a lot of sense, you know, just going back to my own personal experience. When I was building my business first starting out, it took a lot of time. And I I was doing these these swing trades at that time, a little bit of day trading and swing trading, but I just wasn't doing the research at that point. I didn't have the time, I wasn't glued to the screen, I was started losing money at that point. So it's kind of more what you do is more of a done for you system, right? It's just a plug and play, and you're basically just copying these trades that are set up. And you go to your people are doing the actual trades themselves, executing the trades, but you're literally just going on there looking at whatever you have for that day or whatever, that week, and then just copying that trade, boom, boom, boom, done.
SPEAKER_03And then and we tell you when to buy and sell too. So the question that's probably going through people's mind is Cam, if you're so good at trading, why help other people trade? And I love this question because the truth is I can say yes, I want to help people, which I do, because I know a lot of corporate people, or even back then, I knew a lot of corporate people that wanted to either have a real passive or semi-passive cash flow, um, or also were just kind of sick of their careers and like wanted to do something else. But the real reason is that it'll take me two weeks to make 20 grand on a swing trade, but I can also make 20 grand in a day signing up two clients for my program, and then they'll make 20 grand in two weeks, which is 2x what they paid me, and now they're happy, and now they have six more months on their contract with me. Meaning, business is all about value exchange. So people think like, oh, the course guys or the coaches are like all fraud or whatever. Yeah, there's a lot of fraud in everything. There's fraud car salesmen, there's fraud real estate guys, there's fraud everything. If I can charge a fee and then make you three to five X that what you paid me in six months, you're gonna be happy. So that's why I do what I do. I have two streams of income that actually have nothing to do with each other. When I say nothing to do with each other, what do I mean? I mean me trading has nothing to do with me telling people what to do trading. They're separate. Yes, they're doing my same trades, but the business models are entirely separate. So if Amazon goes down one day, doesn't matter. I can still sign up a client and tell him, do the same Amazon trade. We're predicting Amazon's gonna go down, he's gonna be happy, and I'm gonna win over here trading.
SPEAKER_02Yeah, that makes sense. So, how are you guys? Are you showing the exit at the beginning or are you just monitoring and then sending out a notification like, hey, like exiting today type of thing? So we have a live stream.
SPEAKER_03So basically we have a Discord server, which basically has like Zoom, Google Meet, however you want to think of it, in there. And people can literally listen to us and watch us. We're on our on our screens and we're entering and exiting trades. So they can just have it in the background in their AirPod at the gym, whatever it is. And as soon as they hear us talk and say, hey, we're about to enter, here's how many contracts we're doing. Contracts means how heavy you want to invest. Um, they'll just do it from their phone as well. So they can literally follow along by and sell.
SPEAKER_00So this is like very much hand holding, would you say? Okay. Kind of leading them.
SPEAKER_03It's the closest thing to done for you without me actually managing your capital.
SPEAKER_02Right. So because they're actually executing the trades, their own Robinhood account or wherever they're doing that. Um, let's break down for our listeners. Uh, let's break down what options trading is, because not everybody understands that.
SPEAKER_03People that know what stocks are, you're buying shares of a company. So you're buying shares of Tesla or NVIDIA, for example. Why do people buy shares of Tesla or Nvidia? Well, they believe it's gonna go up. Why? Because logically, they're like, well, Tesla's a good company, Elon Musk is smart, NVIDIA is a good company, AI is good, it's gonna go up in five to ten years. Options is just a more strategic way of making investments in the stock market. So what you're doing is making predictions. You're saying instead of saying I know it's gonna go up, so let me buy a bunch of stock, you're saying, I know it's gonna go up to this price by this date. And because that's more strategic of a prediction, the market rewards you at a higher rate. So I'll give you an example of a trade we did. This was back in like April, I always use this example, but like instead of saying, I'm just gonna buy $10,000 worth of NVIDIA stock, then from April 15th, when we entered that to May 15th, one month later, we would have made $1,200 on however much NVIDIA went up. But instead, we did NVIDIA $300 call expiration date May 15th, which means we're predicting NVIDIA is gonna go to $300 a share by May 15th at the latest. And because the stock went up, that prediction we got rewarded for that, and we made 400% on that bet, which caused us to make about 30 grand in profit from that 10 grand.
SPEAKER_02Right. Options is almost a way of leveraging because you're not actually buying the whole stock, you're just buying the right, which is a fraction, you pay a fraction of your actual cash up front. So you're able to leverage that to get a lot more meat on the the trade.
SPEAKER_00So you I want to go back for a second. You said this whole process takes about 45 seconds. What does that look like in real life on the back end?
SPEAKER_03So on Robinhood, there's four things you need to do. You're gonna search for the stock that you want, which we will tell you. So Tesla. I'm gonna click on Tesla, and down here it's gonna say trade. We're gonna say trade, and we're gonna say trade options. Once we say trade options, you're gonna see a bunch of dates pop up up here. And that's your expiration date, meaning this prediction that we're gonna make needs to come true by this date at the latest. So let's say we just do February 18th coming up. Now we have two things to do up here call or put. So call means we're predicting the stock's gonna go up to a certain price by that date. Put means we're predicting it's gonna go down. So this is where people don't understand. They're like, oh, what if the market's bad? Well, we can predict if the market's bad. We can predict if Amazon's gonna go down by a certain date. So that's the power of options. So then I can say what prediction I want to make, and I can say $425 call, for example. I can click on it, and then I can say buy. And the next step after that would be how many contracts I want to buy, which basically means how heavy do I actually want to invest. I could buy five contracts and each trade will come with a different price. So, like just depending on what's going on in the market, each trade is going to come with a different price. And based on your budget, we will also guide you on how much to invest based on what you have and what your risk tolerance is.
SPEAKER_00Okay. As someone who knows nothing about stock options, is that was helpful to kind of just understand. So, say me coming in, like I can be a complete be a beginner and work with you and figure out how to.
SPEAKER_02Do you have to get, do you have to be a level two trader to be able to trade options on Robinhood?
SPEAKER_03So you and what that comes down to is just when you get on your first onboarding call with us, we help you set up your account. You just have to answer certain questions correctly. So Robinhood says, okay, this person's competent. Whether they are or they're not, we'll tell you how to answer the questions, which is basically like, how much experience do you have trading options? Five years. Well, yeah, because I have five years of experience. So it's fine. And then they'll give you the permission to do that.
SPEAKER_02Yeah, I was doing thinkorswim back in the day and I had to take the test. I I had to watch some YouTube videos because I didn't understand options. I had to understand it so I could answer the questions properly, but I do remember having to get the the level two trader. What's a recommended amount of money that that you that you recommend somebody starting with, like when they're getting into this? Do they need $100,000 to start doing this?
SPEAKER_03Realistically, five to 10K is a really good account size to be able to get into a lot of trades quickly and see returns quickly. So, like we've taken, I have a client, he's a software engineer at Capital One. He can only swing trade because he's super busy. We turned his 5k into 40 in from May to June, July, August, September, like four months. So yeah, really good returns. They are fast. I don't like when people say get rich quick, but this is get rich quicker than the index fund 401k. Uh crypto, you can get rich quick, but it's really a gamble because you got to understand with crypto, and I'm somebody who invests a lot in crypto, I've made seven figures in crypto from my brother's project on a Solana exchange and then just investing in Bitcoin early. But like, that's a gamble. We know that's a gamble. So, like, is it skill or is it getting lucky or is it reading? It's like it's all of it. But for people that have five to 10K, you don't want to do crypto. You want to start doing something where you can accelerate wealth quickly and then you can start to diversify, gamble a little bit if you want.
SPEAKER_02Yeah, that makes sense. So let me ask you another question. Uh, I don't know if you have anybody that does this, but we do a lot of 401k investing. We have a solo 401k, which is like a self-directed IRA. Can we do this inside of our solo 401k? I think so. Yeah.
SPEAKER_03Yeah.
SPEAKER_02Because we're a lot of trade options. So it's it should be something that's pretty easy to set up. Um, but I like the idea of not having to pay attention so much because that's where I was falling short on that.
SPEAKER_03Yeah, it's really a copy paste.
SPEAKER_02Like I would love that. Yeah. So anybody that has a 401k, that's a not a regular 401k, but a solo 401, because you can't do this in like a your Fidelity account. But if you have a solo 401k or a self-directed IRA where you control the investments, this is something that you should be able to set up and and do. You talk to your company that handles that, but this is something you should be able to do in your self-directed account. So you describe your system as copy and paste. Why does that work for busy professionals when others fail at it?
SPEAKER_03Others fail because they're trying to once again be full-time traders too fast. You're if you're trying to day trade and have a full-time busy job and excel at that job, you're gonna like go into a meeting for a couple hours and lose money. It's just the way it's gonna work. I could have never done it that way. I know a lot of people who are like, oh, I day trade before work, but then I have to go into work and then I'll lose money. One of my clients actually called and he said, Cam, right before I joined uh your program, I lost a lot of money on this trade because I went into work during the trade because I had I got called in and I had to go in the office. And that's why we tell you like, if you don't have the day to trade, that's why it's called day trading, do not enter trades that day on the day trading side. We do day trade as well, but the majority of our trades are swing trades because we know realistically, most people are not trying to be full-time traders. They just want to make an extra, you know, five, seven K a month while keeping their jobs and actually having more money to enjoy their lives with.
SPEAKER_02So what's just trying to figure out the concept of how this works? So if somebody is a busy professional, they go to work from eight to five. Let's say there's a trade that they enter before they go to work, you know, you're like, hey, this is the trade we're doing. Or and then, you know, three weeks later, whatever, the day that you're gonna exit, if they're in a meeting during the day, how do they know? Is it an exit? Is it a right now exit? Is it same day exit? Or how are how are they getting notified that they need to exit that trade to Yeah.
SPEAKER_03So as long as you have the Discord app on your phone, that's where we do everything, and you're gonna get an alert just like a text. It's not that time sensitive. And we're also not like selling everything immediately. We call it taking profit, like basically our take profit threshold. So, like, hey, it's at 20% gain now. Feel free to sell some of your contracts if you have multiple contracts, and we'll guide you on that, obviously. But if you're in a meeting for a couple hours and we tell you to sell three weeks later, it's not like it just randomly goes up one day. It's like it's been going up and like there's time where you can just look and be like, oh, okay, I'm like a little late, but I'm still up. Like it's not, it's not as sensitive as a day trade.
SPEAKER_02Okay, yes. It's not somebody that got just stacked with meetings all day and they don't see this till four o'clock in the afternoon and they didn't just lose a bunch of money.
SPEAKER_03No, it's not you can even wait a day a lot of times. Okay, yeah, that makes a lot of sense.
SPEAKER_00When you're making these strategic predictions, how do you do that without gambling?
SPEAKER_03Well, it's only gambling if you don't know what you're doing. Right. So, like if I went to the casino and like there's really expert casino people, whatever you want to call it, go those types of gamblers, card games, blackjack. I don't know these games, right? But I know people go and they're not just degenerate gamblers. I know there's people in Vegas that are really whatever high rollers you want to call them. They know what they're doing. So yeah, the term is gambling, but it's really only gambling if you don't know what you're doing. With crypto, the reality is most people don't know what they're doing ever, because it's an ecosystem that has nothing to do with the real world. It's just this is an ecosystem that we've decided makes sense. Okay, it has some value. Let's put our money into these projects that ultimately might not do anything for the world, as opposed to like stocks like NVIDIA or Tesla, which actually do something in today's world, which is why trading is a lot more predictable. So it's only gambling if it's like unpredictable and you're uneducated on the subject. That's what I feel.
SPEAKER_02So kind of on the gambling or not on the gambler, but on the losses. Like you, I'm sure you don't win every time, right? There's going to be losses, but what kind of ratio do you see for wins to losses that makes this a viable trading option?
SPEAKER_03Yeah. So one of the benefits of trading options is that you don't lose until the contract expires, right? So that's why when I talk About expiration dates, you're basically like a trade can go down 20% into the red, and we'll actually tell you to load up because we have faith in our technical analysis. So, an example would be like Bitcoin is down right now. A lot of uneducated panic investors are selling. A lot of smart people like myself are buying more because we know it's a predictable cycle. We know the next peak is going to be higher if we look at the past. So, same thing with options. We can go down 20%, and then we can buy more and then just wait it out, and then we'll make more at the end of it all. Now, there are obviously trades where we have been wrong and lost, or something happens in the news and we lose. When we lose, though, we don't lose our entire investment because we have good risk management. So, what I mean is let's say you just put $1,000 into a trade and it drops 200 bucks. And let's say we see something in the news where we're like, hmm, you know what? I think we should get out of this and move on. We'll lose 20%. We'll take that $200, $200 loss and then move on to the next trade. So you're never just gonna like put a thousand into a trade and just lose it all because the market doesn't even move that fast for that to happen. We've had about two or three losses since September that I can think of that actually expired and like the trade was done. There was no way of recovering, and we still got out, you know, 20, 20% max loss.
SPEAKER_02And two or three losses, and how many wins with that their net time?
SPEAKER_0330 plus. Yeah. So that's it's a good ratio. Even my portfolio right now, I'm up like, yeah, so I'm up 38K year to date in 2026. So you can see that that's true because I'm highlighting year to date, and then the number is 38K. So like even with all this crazy craziness in the market right now, Bitcoin crashing, once again, the power of options number one, you can decide if the market is going up or down for the stock that you care about.
SPEAKER_02So let's say like if somebody has $10,000 they're starting with, how much are you advising them to put of their actual money into one single trade?
SPEAKER_03One tenth of their portfolio because we're executing a lot of trades, even though it's swing trading and it's not buy and sell every single day. We are still getting into a lot of trades fast and awaiting them out. So we want you to have like equal positioning sizing. Sometimes there are lower risk trades where we'll say, hey, this is pretty full conviction. Like we're this is gonna go well. You can load up heavy here, or we're loading up heavy here. And then there's ones where we'll say these are higher risk, um, you know, manage your risk appropriately or only put one tenth of your budget.
SPEAKER_02Okay. So someone that's got whatever amount that they're working with, they may have eight to 10 active trades going during that time. And so that risk is really spread out. Makes sense. Got it. Um, all right. So you're targeting 50 to 100% returns uh over a few weeks or or month or whatever on these trades. What do people misunderstand uh with numbers like that?
SPEAKER_0350 to 100% returns. So I would say on the very low end of what we see is 20% return. Okay. So that means understand that the more you put into trades, the more you're gonna make, which is why I say you need five to 10k, in my opinion, to make it worth your time, even though it's copy paste. It's like, dude, if you only have a couple hundred dollars, making 20% on a couple hundred dollars is not a lot of money. It's not gonna, even for the time that you're spending on your phone, like it's not gonna make you that happy. It's not gonna really change your life. Yeah, it'll get you a Chipotle, but then like, what's next? Right. There's no point at that. So what people don't understand is you need money to play this game, but if you play it right, it's very easy to be rewarded if you have the right system and the right people on your team. I have the right people on my team. Like, I'm people asking me, they're like, oh, are your traders better than you? And I'm like, yes, that's why I hired them. They taught me everything I know, right? So I've known them for since 2020 now. Um, I've worked with different traders before that, but I kept networking until I found the ones where I was like, okay, they have the same vision as me for the business. They have the trading strategy that makes sense to me and it all makes sense to work dealer. So yeah.
SPEAKER_00What's the biggest risk mistake you see corporate professionals making when they first start trading?
SPEAKER_03Yeah, over-leveraging for sure. Over-leveraging for sure. And then once again, the wrong trading strategy and trying to be a full-time trader. I'll keep repeating that because it's so clear in my head where I'm like, I saw people trying to day trade and like they run into a meeting and then they lose money. And I'm like, dude, like that's not gonna work for me. I'm glad I never went down that path too fast. Let's say you have 10K, don't put 5K in one trade. I've even had clients unfortunately mistakenly do that just because like they made a bunch of money and then they like wanted to gamble harder, and then like something happened in the market and like we just happened to lose, and then they were like, this one trade crushed me. It's like, bro, no trade should ever crush you. Like, no trade should ever crush you. Why did you lose more than 20%? You also didn't sell on time. Right. So there's just like, you still need to pay attention, don't get me wrong. You're still managing your own capital. This is the best system that I can create for somebody because realistically, a hedge fund isn't gonna take their money. A hedge fund isn't gonna take somebody's five to 10k or 15k or 20K. They don't care because they can only charge a 20% performance fee. So people always ask me, Cam, why don't you have a fund? It's like, well, because the people that I can actually help don't have enough money for my performance fee to even make me enough money for it to be worth it. So I just charge a one-time uh consulting fee. Come on board, you can follow along, and then you'll make more money than what you pay me. People always hear that 99% of traders fail. Who fails and who succeeds? I think people fail because they copy random people with no resume, right? So, like I always tell people like, hey, before you get on a call with me, do your due diligence on me and my team. Here are my traders, here's where they've worked. Okay. Here's a video of me scrolling through the trades in my Robinhood account and the trades that my clients have copied in our server for six months. If you come to the call and have not watched those, I won't even take the call. The reason why is because you have not evaluated this seriously. So people need to do their due diligence and hire a team of traders that actually worked on Wall Street if they want to have Wall Street level results.
SPEAKER_00So is this better than real estate or other investments or just different, would you say?
SPEAKER_03I think it's different in the context of wealth preservation versus acceleration. For example, even when I talked to Rich, right, he was like, hey, you should put 150, 250K in my fund. I'll give you 7% year after year. I'm like, 7% is not very exciting to me based on my returns, right? But if you're like a guy who has a really busy job, or maybe he's a business owner, he's stacked a bunch of money, and he just doesn't know about my system where you can copy and paste or any really good trading system in the stock market, then real estate's good. Like 7% is good, but to me it's not because I'm making minimum 20% per trade that only lasts two weeks, and then I'm really doing on average 50 to 100% return. 100% means you double your money. 50% means one and a half X. So it's like to do that consistently, people say you can never beat the market, then why do hedge funds exist? What do you mean you can never beat the market? It's a stupid thing to say.
unknownRight?
SPEAKER_03So it doesn't make any sense. So is it better? I think it's better for people that want to accelerate wealth. When I get to a certain level where I'm like sitting on so much cash, it no longer makes sense to even like have man. To be honest, I don't know if I'll ever leave this because now that I think about it, I'm like, the returns are just too good.
SPEAKER_02Yeah, no, I mean, like talking about hedge funds, Ray Dalio, like their hedge fund like maybe gets 15%, and that's solid, you know? So like the returns you're getting are very, very good.
SPEAKER_03But that's what's interesting, is like Ray Dalio is he's been doing it longer. So like he's been through more cycles than me. That's fair to say. So I understand 15%. I may be cocky for saying this. We might be the first to to win.
SPEAKER_02Do you think it's because of the cycle you're in, or do you see this like it doesn't really matter because you're doing options where it could, you know, can you be up down? Like, do you see this more like a recession proof type strategy where it doesn't really matter?
SPEAKER_03Well, that's what I'm saying. Even even when things are bad, like we're doing well. Like we'll take losses. I think we've had a total of even in the last 12 months, like eight total losses. So I'm like, but I think the secret, man, is that once again, traders with a resume, but two, yeah, there's a lot of traders out there that have traded on Wall Street, sure. But I built a company where people are doing their role. Meaning a lot of these trading influencers are also trading. They're making content, they're trading, they're taking client calls, they're doing coaching. Okay, well, you're gonna lose to my trader who's glued. He's building software that helps him trade better. Everything he does is trading. He's up five days a week. This is what he does. Like this is him. Like he's not, he's not doing anything else. Then I have another guy who's his support, which is basically the liaison between clients and him. So he doesn't talk to clients, the second guy does. So he is just focused on executing. So we keep winning. So I think when you build a company that way, it's kind of hard to get beat by somebody who's like a one-man show trying to be like a trading guy and like, you know, hoping it's always gonna work out.
SPEAKER_02Yeah, that makes sense. So do you have what's the brain of the operation? Is it this guy that's glued to the screen, or do you have AI that you're leveraging? Like, what's the brain of the operation that sets you apart from some of these other programs?
SPEAKER_03First of all, software can never beat manual trading. So, like, we have an algorithm too, but it has never consistently outperformed my traders trading by hand. There are algorithms that for people that they're like, oh, I have 100K and I like I really don't even want to log in and copy the trades. I just don't want to pay attention to it. I want my money to grow. Okay, cool. You can also go put money in Rich's real estate fund. You'll get similar results. Those are good results. Nobody's saying that's bad. But if you want exceptional results, it's finding a really good human. That's really what it is.
SPEAKER_02So let's go back to kind of when you started out. What told you that it was finally safe to walk away from your tech job and know that this was gonna keep doing what it's doing?
SPEAKER_03I never really felt safe to walk away. That's the thing. So, like comfortable, yes, but in the sense of I just knew that like I was fortunate enough to be able to move back home. But my parents thought I was crazy and like, no, you should why did you quit your job? Like you were the best performer there. Why did you do that? Boom, boom, boom. And it's like, I didn't feel good during that time. But you have to mentally rewire yourself to think about what you really want. Because when you die, you think you're gonna care about what your parents said, and if you did that, like people marry people for their parents. Oh, this will be a good fit for the family. Man, when you die, you're gonna regret that. Like, what do you want to do? That's what I wanted to do. I wanted location freedom, day-to-day flexibility, and time freedom. I got that through trading. There are other businesses that can't, like all my friends that are like my close friends that are very successful, they're still tied to one location. They cannot move. Um, they can't travel as much as me. They can't just go to Europe for a month if they want to trade out there and run their business. They just have different businesses, and that's okay. But you have to decide what you want.
SPEAKER_00So, what do your parents say now?
SPEAKER_03My dad said he was proud of me for the first time last Father's Day. Very happy for his PhD self to finally get it. Um, and now he's built his own uh trading software that does not come anywhere close to what we're doing, which is also really cool to see. So I show him my results and he's like, Wow, how does this happen? Persian voice. I'm like, oh fuck me. Mom thinks it's all fake and AI and like doesn't believe it to be true because I didn't go to Stanford or something. So that's also cool to see.
SPEAKER_00The bank account doesn't prove otherwise to her.
SPEAKER_03She doesn't She thinks it's not real. Like, I'll show her it and I'll show her the Robin Hood account, I'll show her the even the consulting fees, the processor, everything. And she like it's almost like she'll deny it. Yeah, it's really interesting. Yeah.
SPEAKER_00Interesting. Eva just like looking at it, she can't.
SPEAKER_02Hey, money's green wherever it comes from, and however it's displayed on it's it's green money is green.
SPEAKER_03But it keeps the drive. Like it's like you need to who said this quote? I think it was I can't remember who said it, but it's a quote that I've thought about forever, where it's like, are you being dragged or are you driven? And sometimes being driven comes from being dragged, right? So, in the sense of like, maybe your drive doesn't come from a positive place. Maybe it comes from a negative place. And a lot of my drive is from a negative place, which keeps me going every day. And this is like a crazy thing to say, but like I tell my mom, I'm like, Do you know why I argue with you every day? On like, I don't want to argue with you every day, but you want to argue with me. Do you know why? It's because every day it makes me go harder. And it's just to show you that like I'm everything that I said I ever wanted to be, and I did it my way. And it was because I did the opposite of what everyone told me to do, because that's the only way you're gonna have exceptional results because most people are average and not exceptional. So if you want to be exceptional, you have to do what everyone else isn't doing. Yeah, the hard way is the only way. The hard way. And then that becomes easy life, right? Then life becomes easy, and then you have to find new things to challenge yourself on. So even when it comes to like me building discipline, I'm like, okay, the gym five days a week is pretty easy for me. But I really hate this zone two cardio incline walk that I have to do so I can like keep up with my girl on a hike. So that's my discipline now, right? Making money is not really like it's not a discipline to me, it just comes. And that's not like trying to like rub it in anybody's face. It's to show you that if you have a good system, that's how money becomes. It just flows to you. You want to make something hard, have kids.
SPEAKER_00Yeah. Oh, yeah. Add kids to the set. Yeah, yeah, yeah. Let's talk about it.
SPEAKER_02You're everything you're doing and then still working out, building business, and do all that and trying to fit in the kids. That's that's next level. That's and you have four. So I believe we we uh didn't think that through, but fair enough.
SPEAKER_01Here we are.
SPEAKER_02Yeah.
SPEAKER_00Who would you say should not be doing this, even if they want financial freedom?
SPEAKER_03For the clients that I've had that have failed, it genuinely came down to IQ and like not really having stable income already. So I don't want to work with you if you think like this is gonna get you out of the like bottom of the bottom of the bottom, unless you're willing to take a really big risk and accept the consequences. What I mean by that is if you're at the bottom, like you don't have anything going for you, your credit's wrecked, you can't really go lower. You can only file for bankruptcy. What I would do with you in that situation is I would leverage credit, we'll fix your credit if it needs fixing. I'll introduce you to my credit repair guys. They'll fix your credit, build it, go to the bank, we'll get you 10 to 20K and 0% interest capital, and we'll trade with it. Like if you lose, you're right back to where you were. Right. So that's how you have to look at risk and then like risk analysis. The second thing is like, do you I know it's copy paste, it is, but do you actually want to be part of this world? Do you want to deal with the mental toll of seeing a trade go red and buying more and waiting till it's done? So if you don't have the stomach for it or the mind for it, that's okay. Work a nine to five. That's fine. That's less stressful. But you just have to trust something for six to twelve months to really decide if it's like the right thing for you.
SPEAKER_02I'm uh I'm ready to like get our 401k the next house we sell, take some money and just put it towards us and see. You'll crash it. Yeah, no, I I I like the idea. Like I said, I was I was pretty involved in this at one point and I like it. I enjoy it. I like the excitement of you know having a win and not losing because it is kind of a gamble. You there is a possibility you can lose, but when you win, it's just like it's a good feeling, right? Yeah, yeah.
SPEAKER_00I was gonna say I can see your excitement building as you're talking about this again. He wants to trade again. He does, he's ready.
SPEAKER_02I mean, we do a lot of real estate, and real estate's good, it's fun, you have the wins, but it's a slow game. It's you don't get that like I I'm in sales, that's why I'm in sales because closing the deal, getting a contract, like it, it's it's exciting, and then you know you're on to the next. Let's do it again, let's do it again. So I do like that about trading. I just don't like losing money.
SPEAKER_03You know what the craziest thing is, I I think I'm on to something bigger than anyone I know in the internet consulting world, even the people that are making more than me in that. So, what I mean is I have gotten four early renewals in the past 30 days, meaning we do six month contracts with people. Hey, you work with us for six months, here's what it costs. Okay. One month in, they make two, three X their money back. One and a half months sometimes. Two months sometimes. As soon as I see them posting and trading success, I'm like, oh, this guy made 3x what he paid me. He's probably really happy. I'll message him on Discord and I'll be like, hey, congrats on winning. Congrats on tripling your money. Do you mind writing me a review? I'll give you a free reward. He's like, Yep, writes a review. And then I'm like, thanks for the review. Your reward is an early renewal discount. Our current pricing is this, as you know. If you lock in another six months now, I'll extend your contract for six months at a discounted rate. And they just do it. So I've never heard anybody else in not just trading, any sort of coaching offer online where people are renewing early before their contract is over because they're so happy with the results.
SPEAKER_02Well, you have a proof of concept, they get that in the first couple months or you know a full six months of this. Why would they not renew? At a discount, there's no point. Yeah. I mean, just even pay at full price. Like, why would they not renew if you're making them this kind of money? It'd be stupid to not continue making the money, right?
SPEAKER_03Even, and we're actually um doing a free trial. We're we're trying it out, and it's I want to offer it to your listeners too. The free trial is great because you can you can do the free trial and pay full price after the free trial, or you can pay a discounted rate up front and lock in. So like you can pick which route you want to go. It doesn't matter to me because the free trial, I know you're gonna be happy after. So I know I'm gonna get my full price, I just have to wait. Or you can rip the band-aid off and do it now. How do you rip the bandit off and do it now? Well, do your due diligence. Do your due diligence. It's not about, and this is the way I've lived my life, or change the way I've lived my life to get the results I have in life, which is you are never gonna be a hundred percent confident in most big decisions that you're gonna have to make in life. You're never gonna be a hundred percent confident. You're gonna be 60 to 70% confident and you just do it anyway. I give this example all the time. If I was single and I saw Halle Berry in a Starbucks, which I would never happen ever, I'm really pissed. I've walked all over LA today. Fuck. Um and you think I'm gonna be 100% confident to walk up to Halle Berry? No, but I'm gonna do it anyways. That's how you should live your life if you want to win. You miss a hundred of the hundred percent of the shots you don't take. That's how life is.
SPEAKER_02And most people don't shoot ever at anything. That's probably people don't take action. Or they get, you know, analysis, paralysis, and try to overthink everything and don't ever take action. So um, all right. So, where do people get a hold of you? They want to learn more about your program.
SPEAKER_03Yeah. So you're gonna put the free trial link in the Discord. I want to offer that so people can join. So, guys, if you click on the Discord link, you can just join the trial. I'll message you and I'll get you onboarded. We'll go from there. Um, and you can follow me on Instagram at profit with cam. So profit with K-A-M.
SPEAKER_00So, one thing we like to ask all of our guests, is there a book or podcast that really like changed things for you?
SPEAKER_03Yeah, um, I like Laughing at Wall Street by Chris Camillo. Ironically, my traders are X Wall Street, so he is laughing at us. The reason I like the book, though, is because it shows you that you don't have to be a genius to get good results in something. You just need to be around the right people. Um, Chris ironically has a free Discord, but if you go in there, you will see it's all research. So it's like he's not giving you trades. If you want to go do the research and the really hard work, go join the free Discord forever. That's why it's free because it's not that much value. The reason we charge what we charge is because you're literally copying the trades of X-Wall Street guys. That's very, very valuable to do.
SPEAKER_02All right, we really appreciate you coming on the show today. It was a pleasure to have you in the studio and beat you in the f in flesh for once. Like we're always on the Zoom calls and stuff. So it's nice to meet you in person. Great to meet you guys as well. Thank you for having me. All right, guys, get out there and make it happen.
SPEAKER_00Thanks for listening. This has been a production of Rebuilding the Dream Studios.
