most people are idiots and watch YouTube in order to be entertained not to
improve themselves David Jaffee with BestStockStrategy.com and I know that this
video is gonna get a lot of criticism but I just want to be true to myself and
I want to offer my opinion that many people watch YouTube in order to waste
time and be entertained and not to actually work on valuable skills that
they can monetize that will help them improve their life many people are not
motivated they are unwilling to put in the time and the effort in order to
learn valuable skills they lack discipline they are not focused instead
they try to have quick wins and they try to turn a little bit of money into a lot
of money in trading what this means is that they fall susceptible to fake gurus
who tell them that they could earn 2 to 3 percent every single day and they fall
prey to people who I perceive as fake gurus like Tim Sykes or bear bull
traders who tell them that they can turn $5,000 into five million dollars we all
know that this stuff is BS and it is not true that if you do engage in day
trading your probability of being profitable is virtually zero percent
there have been numerous scientific studies which have shown that day
traders lose money on average around 13 percent every single year and the few
percent or rather less than a few percent the point one five percent of
day traders who earn money actually earn less than minimum wage and the people
who conducted those studies believed that even the point one five percent or
the few people who were profitable during the time that the study was in
place would have ended up losing money as time progressed so now that we have
established that day traders lose money the reason why many of these fake gurus
are successful is that many of the YouTube viewers wanted easy they
believed that by watching YouTube videos they have earned the
to make a substantial amount of money and to substantially improve and
increase their wealth that is just simply untrue by watching a YouTube
video you are not doing the mental reps to improve your own self-talk you are
not learning valuable skills you are not practicing and taking the necessary
steps in order to improve your life in fact for probably 99.99% of those people
who watch YouTube you are instead just wasting time I work seven days a week
and I'm rich now I'm not telling you that because I want to gloat or I want
to throw something in your face because the most important thing in life is
health relationships and time but the fact is that many people who have a net
worth of over twenty million dollars do not work because they are motivated by
money instead the reason they work is that they feel a compulsion to maximize
and achieve everything possible they feel a compulsion to maximize their
potential and that's a major difference between those who accomplish and achieve
massive amounts of wealth versus the average person the average person tries
to make quick and easy money without learning valuable skills whereas those
people who are extremely wealthy strive for self-actualization this is similar
to Maslow's hierarchy of needs where those people who are inherently
motivated who have positive self-talk who learn valuable skills that they can
monetize they want to accomplish their goals and leave a positive legacy on
this world my goal is not to get the most subscribers I'm here to help the
very select few people on YouTube who want to accomplish their goals and who
want to be successful I'm here to help the select few people on YouTube who are
watching this video because they want to apply the lesson
learn valuable skills and who are willing to put in the time and effort
necessary to become the best version of themselves if I wanted to be su then I
would do what someone like Graham Stefan does and monetize his audience and
encourage them to sign up for weeble where I stated in one of my prior videos
where I believe that the vast majority of people who sign up for weeble are
going to end up losing money so you have to ask yourself what type of person are
you are you the type of person who wants quick wins or are you the type of person
who is willing to put in the work who is willing to do the mental reps who is
willing to make sure that you eat healthy that you take a sauna that you
take cold showers that you work on your inner game so that you can dedicate and
learn valuable skills that you can monetize so that your future you will
thank you for the sacrifice that you made today so that you can live a vastly
superior life in the future David Jaffee with BestStockStrategy.com please like
this video leave a comment below and let me know your thoughts on why you are not
taking the necessary action today what is holding you back from becoming the
best version of yourself