Hi guys and welcome to the Freedom Central channel. My name is Adam also known as iSacrifice and in today's video We're going to be revealing the two winners to the revamp giveaway and as well as that There's going to be a crazy crazy Minecraft giveaway, and I'll get by into that in a second So guys this week's winners are going to be Arcane and Cowpog, so congratulations to both of you I will be contacting you guys over Twitter or your YouTube channels to look out for loads of messages for the rest of you I do apologize that will be loads more opportunities for you guys to gain custom graphics This video is going to be a fine example of that So this is what I meant by more opportunity guys a freedom partner had come over to me on skype and asked if you could be in my Freedom videos now. I can't do that guys I'm not allowed to do that unless you guys have a particular set of skill in graphics VFX and motion design and that you guys can offer something to the community in exchange for a shout out on your YouTube channel your Twitter account or whichever site you predominantly use And as you can see on screen on the left-hand side guys There's a drawn out image of a Minecraft character holding what I think is a slime with a nice scenery in the background That is an actual Avatar and it needs filling in now As you can see on screen the Borgsy graphics is the freedom partner that came to me and asked if you could help out Now what he's proposing here is one of you guys are going to win this your skin is going to be drawn on to this avatar basically and Why I think he's gone for his some sort of Shakespearean Thing like you know when Shakespeare help the skull in this case. It's a Minecraft character holding a slide So it's a really nice design and it needs one of you guys to win it now There will be a video on how to win this it's not actually this is just me announcing it guys There will be a video in the next two days on How you guys are going to win this basically so we don't know whether we're going to just do it off YouTube heartbeat or if we're going to do it on Twitter it depends on what Nebosy wants to do as it's his giveaway I'm just simply the host so I'm going to go and talk to him about it And then I will basically tell you what he told me and I'll arrange a professional way of basically Giving it away. So that's basically it for this video I just want to say guys if you need graphics for your channel my link will be in the description guys You can go check it out. It covers all social media sites and as well as that We cover all like graphics like banners fun nails for each overlays Anything you can think of it's there the link will be in the description as well as that guys And of all see graphics link will be in the description as well So you can go and check out roughly what I'm talking about You know again idea of what he does because he's actually a really talented drawer and Minecraft graphic designer, so make sure you go check him out subscribe if you like his content And I will bring out the video In the next two days. Hopefully as my PC has had a little bit of problems That's why it took so long to upload this video to create the video and upload it and that's what I haven't been uploading Consistently to my own personal channel So hopefully I can get that up in the next two days. Make sure you go check out here. Make sure you go check out me


My turn! Hmm, I should get this one. Hey. A bird. A crow. Yes! Okay. We're gonna show you how to play silly animal charades so you can play too. This is what you need to make silly animal charades. First, you need to make your animal cards. Print your animal off the internet. And go on with the adult.  You can cut animals out of magazines like these. Or you can color them. I'm cutting out this cute koala that I found. I want to make a dragon. And you can make any type of animal you want. You can make a rainforest animal. You can make a desert animal, even a water animal. While we make our cards, I'm gonna show you how to play silly animal charades. To play, you pick an animal first, and then you act it out. And just like regular charades, the kids have to guess what your animal is. Once they've guessed your animal, you go back to the bins, and you pick an action for your animal to do. You act out your animal doing that action, and the other players have to guess what action your animal is doing. And then it's someone else's turn. And that's how you play silly animal charades. Once you have your animal, you can glue it on a card. And after this, after I glue this on the card, this is going in the animal bin. With this cute koala I caught out earlier. Next, you have to find some actions. I'm gonna take this very cute squirrel reading. I'm gonna glue it on that card right there. I'm gonna put it in the actions bin. Right there. I'm gonna pick an action. For your escaping rope, be a shark. Look at my sparkly ocean. We're gonna show you how to make one so you can play too. First, you need to squeeze some hair gel into a bowl. It's really gooey. Yep. Very gooey. Then you wanna drop some blue food coloring into the gel. Just put in a few drops. You can always add more if you want to. Then you mix the food coloring and the hair gel together. Once your water is mixed, you're ready to make the rest of your ocean. First, you'll need a plastic bag. I'm adding some rice to make it look like sand. Now I'm gonna add some sea animals. Me too. I'm gonna add a little pink crab. I'm adding a turtle. And a cute little piggy. These are just little plastic toys.  I'm gonna use some cray paper for seaweed. Me too. If you want to, you can squench some of your paper off to make it look more like seaweed. I'm gonna add a little bit of glitter. I like sparkly water. Important tip. Do not put anything sharp in the bag. If you do, it will pop the bag. Once you have everything inside, then it's time to put your water in. Can you hold the bag for me? Sure. Can you hold my bag open? Sure. Yeah, there we go. That's what I need. And then you have to seal the bag. Here you go. It feels like cool water on a hot day. It feels so mushy and fun. You just keep squishing and mix everything together. I put in a manta ray, some seaweed, and a dolphin. It really looks like the ocean. Just much more sparkly and glittery. Swim, Mr. Turtle, swim. And that's how you make an ocean in a bag. Playing Old McDonald's, switch it around. Here's how you play.  You can draw pictures or cut them out from magazines or even use stickers. The pictures can mean anything. Like a wild animal or food or something you play with. Just tape or glue the picture onto a card. And then put the cards into a bowl. Let me take one out. I got a bowl. Now we need to think of a sound that a bowl makes and replace it from an animal for Old McDonald's. Empty toilet paper roll. That you get some construction paper and you rock it around. You get some ribbons of your choice. And you tape them to the inside of your dragon. Here's a tip. Dragon to blow out. Stick more to the top than to the bottom. You can use anything you want including ribbons, other types of streamers. Put them in any way you want. You can put some in the bottom, put them on the top. You can change the color. You can cut some paper out. You can really do anything you want with this dragon. I'm going to put different colors of streamers in. Make it look cool. After this, you can decorate it any way you want. Here are some I made earlier. You can add glitter or any kind of decoration. Then you can add a face. I'm going to put some pom-poms that are blue and green. Put some googly eyes on them. Remember, you can do anything you want with this. You can attach them with glue, which is probably better for the pom-poms. It's easier to put the glue on the toilet paper roll than putting the glue on the pom-poms. You need to add two little things for his nose. You can use beads, coffee beans, smaller pom-poms or buttons or whatever you want. And I'm going to put some glue on the bead first. Wait for the glue to dry. And that's how you make your fire-brazing dragon. Make one so you can play too. To poke a hole in the bowl so you can thread your yarn through. The reason why you're doing this is so that you can hang your jellyfish up on the wall or just place it all the way. When you're done with that, you tape it on the inside so no one can see. And so that you can hang it like this. So that what you're going to do is you're going to take markers or crayons and color the bowl with it so that your jellyfish can have some decoration. You can use any color if you want. I'm going to use a red. And then what I'm going to do is I'm going to take a pink crayon and I'm going to color on top of the red marker so that it's very colorful and bright. I think the coolest thing about jellyfish is they've got tentacles and so they can frame you. Anyway, you want to like, she decorated it with squiggles and lines and I just decorated it and colored it all the way. You can draw hearts, you can draw smiley faces, you can draw anything you want on it to just make it look pretty. And so what you're going to do is you're going to take two googly eyeballs and you're going to use about this much glue and then you're going to stick it on the circle that we drew on the plate. The next thing I'm going to do is I'm going to use a dark green to draw smiley face. Jellyfish don't really have eyes but they are cute. When you're done with all that decorating you've got only half of your jellyfish done. Now we're going to move on to the tentacles. You can use ribbon, you could use cut up newspaper strips, you can use cut up magazine strips, you can really use anything you want. Right here we have ribbon and shred paper. And we also have yarn. I'm going to put a blue piece and you can use glue or tape to stick it on but if you want it to dry faster you should use tape. Tentacles on. You've made your jiggly wiggly pop of jellyfish. They look awesome. I'll show you how to make one so you can play too. Here's how you make all toilet paper tubes. Then you'll need some paper of any color. You want the paper to be about the size of your toilet paper tubes. You're going to wrap the paper around the toilet paper tube. Then you're going to tape the edges of the paper together so it will stay wrapped around.  I'm going to draw.  You're going to need the face for that. Don't put your face too close to the top because you're going to need space for the ears. The next step is to add your wings. You're going to need another piece of paper. Then you're going to kind of make a fan. You're going to fold on one side and then fold on the other. Keep doing that. Just keep folding back and forth until you get a fan. Once you have your fan it will look like this. There, I made one.  Your wing to the other side really good for a Halloween party. I made my other wing, the ears. Just press down the middle of your toilet paper tube. That's the best part about Halloween. You just make stuff up. And that's how you make a Halloween bed. You're pulled to see Santa. It's Christmas Eve. I'm so you can play too. First you need a lot of candy canes. Wrapper so they don't get sticky. You're going to need a pipe cleaner to make the antlers. You're right about where the hook starts. Shape the antlers. So you're kind of twisting the pipe cleaner around your finger. It's going to make curly antlers. It's okay because you just can position it where you want it. Yeah, you just bend it back into place. And then you make the reindeer's face. We're using googly eyes, but you can use anything from buttons to pom poms. I'm using some sticky eyes. You just peel one off, and you stick it right on the curve of the candy cane. On the sides of the candy cane. The eyes are done. Then you can add a nose. You're going to need some tape and some pom poms. If you use double sided tape, it makes it easier. Tape around the candy cane right where it's about to end. I'm using a red pom pom, like Rudolph the red-nosed reindeer. And I'm using a pink one. Once you're done making your candy cane friends, you can put on a candy cane puppet show for your whole family. Great Christmas decorations and gifts. And that's how you make kids.


Okay, let's pray it is not we want to thank you for this time. Lord, we humble ourselves before you once again We pray of God as we are going to Continue to learn about the holiness. We pray of God that you would teach us and let your Holy Spirit minister to us Announce your servant to deliver your word that we would be filled with your presence and Follow and understand the desires of your heart God. We thank you in Jesus name we pray Amen. Oh, yes So the last two sessions We were focusing on repentance And how if the repentance is genuine then it will lead to recovery and restoration So we kind of looked at different aspects of this whole concept of Repentance and we'll have a few more thoughts on this subject today Maybe during our second session after the break We could maybe move into the overcoming life and you know, just have a brief introduction to that Which would be based on your the first chapter of your Overcoming section, you know in your notes, but Before the break, you know, let's just take some time to look a little further At the different concepts that are involved in Repentance so today we will be mainly looking at chapters 9 to 12 of your notes in the repentance section so To start off with chapter 9 which talks about the process of repentance What exactly are the things involved in genuine repentance? So we will look at an example from the New testament of this particular Congregation how they repented What are the emotions that they showed What are the actions which they you know displayed and those You know could be things that we can practice When we wish to really demonstrate true, you know true repentance so If we could have someone read out Second Corinthians chapter 7 versus 11 to 12 just to give a little background um, you know in first Corinthians chapter 5 when paul had written his first letter he had warned them that uh the adultery which they are, you know Allowing and which they are overlooking in their congregation is something very evil And so he very strictly tells them that he you know They need to expel the people who are involved in the adultery And he also wants them and tells them that they need to change their entire attitude And so he you know writes very strict things in his first letter Then when we look at the second letter second Corinthians, we see that These people took to heart whatever paul had said and they in fact You know, they expel the person The people the the man was expelled. In fact, he repents of his sin And the entire church in fact is very repentant of their entire attitude I know and their casual nature towards sinful things and all of that. So there's a great change. So here in Second Corinthians 7 11 to 12 paul is pointing out all the Um different elements of repentance, which they are demonstrating, you know, uh in their attitude now And he admires them for it So, um, we need to have the same attitude that these people had, you know If we want to be really genuine in our repentance. So, uh, that's the background context So let's look at second Corinthians 7 11 and 12 If someone could read out for us, uh, what exactly does godly repentance godly sorrow look like? Yeah For observe is very thin that you sorrowed in a godly manner What diligence it produced in you? What clearing of yourself what indignation what fear what remand desire what zeal what medication In all things that you proved yourself to be clear in this matter Therefore, although I wrote to you, I did not do it for the sake of him who had done for wrong Not for the sake of him who suffered wrong But that our care for you in the sight of god might appear to you Yes, uh now different, uh versions will use different words I to describe these, you know aspects of repentance But let's just look at what these words actually mean in the Original greek new testament. So the first, um Element that Paul points out is he says see what this godly sorrow has produced in you what earnestness That we see is one of the most, uh, important Elements involved in genuine repentance where there is earnestness It's not that the people feel bad For a day or two and then the you know the emotions evaporate and then you're back to your normal You know sinful lifestyle. That's not the case over here. There is earnestness. There's continued persistence week after week to continue maintaining this attitude of change, you know the so, um We christians sometimes are good at getting emotional You know so someone preaches a powerful sermon and then we feel very emotional and we think Yeah, these are things that I need to change about myself And then we may in fact even try to you know practice that For a couple of days and then after that the emotional component is gone You know, we can no longer hear that sermon resounding in our ears. So the emotional component is gone And then we you know, we may in fact back off and no longer Uh, you know stick with a resolution that we have made to give up that particular sinful, you know, uh deed So that should not be the case here. We see genuine repentance in the sense. There was earnestness It continued on and on Whether they were feeling emotional about the sin or not feeling emotional about it They had made up their minds that they will Um honor god in this matter. So the attitude was one of earnestness Then the second thing that we see over here. It says what eagerness to clear yourselves So once god had pointed out the defect in them um Because the problem with the scurrantian church is that they had got their doctrine all wrong um Because they had been told that uh christ has said them free from the law They were under this, uh, you know, silly, um, you know, uh illusion that because now they are free from the law They can you know indulge in whatever sin they wish to because they are now free They are no longer under the control of the law and I know paul explains to them Uh, you know the reason that you were first of all set free from the law is so that you can know honor god now can live for him and follow his leading and uh, so, um over here, you know, um He corrects them. He tells them that so the sin which you are entertaining in your church is evil You know is the correction that he gives and uh, so they are now eager to clear themselves Of this wrong thing that god has pointed out So they make sure that every trace of this kind of a sinful behavior is removed from their congregation They no longer are casual and entertain people who are indulging in such things. They quickly take, you know, um Steps to speak to the people concerned You know, uh, help them to come to repentance and all of that. So no longer are they, uh, casual about such things They are eager to clear themselves of this wrong. You know, which god has, uh, pointed out Uh, yeah, we have a question here. Is it? um Well, it it is accessible. Um I reset the whole thing again, you know, because because uh One or two persons in fact did submit so it doesn't does not seem to have affected them. You know, the old settings Uh, but then I reset the whole thing once again Uh, so I'm assuming that now there should be no issues So, uh after last night if anyone has, um, you know Try to access they should be able to I don't think there are any other issues involved. Yeah. Yeah um all right, uh, so, um What were we talking about? Yeah, we we took that the eagerness to clear, uh themselves Then the third term that is used is uh, what indignation they were in fact um indignant and upset And angry about the sin, you know, what was acceptable in their eyes earlier now Was something that was evil So their perspective actually changed No longer were they looking at this sinful thing that they had been involved in as something, you know, casual Now they understood the seriousness of it and in the same way god would be angry about the sin They too had a dislike for this sin So that is very important in the case of true repentance Uh, because sometimes because the lord has said, you know, no, no, no, you should not do that We come to him and we say, okay, lord. I will not do it But deep down in our heart. We still love that sin. We still love, um, in, you know Indulging in those wrong attitudes, we don't think that there's anything really wrong in it It's just because god said that we should not, you know, have that wrong attitude We are now kind of trying to give up, uh on it But deep down our, um Our perspective how we feel about those sinful attitudes or actions has not really changed And that actually can be dangerous. Uh, so, you know, we need to, um We need to Ask the lord to purify us from unrighteousness and to help us Align our thinking, you know, in line with god's word Because when we do that, then, you know, we were we are able to, um, feel about sin The same way god does if he finds it disgusting, uh, we too should find it disgusting So it's so important that at the, uh, thinking level, uh, the way we we think about that Sinful thing itself changes We we hate it the same way god hates it. Okay, that that is a very very important component of, uh, repentance Uh, yeah Then, um The next word that is used is alarm Now this is something, you know, what were they alarmed about? This is the warning which paul gives them in first quranthians chapter five versus six and seven First quranthians five six and seven if someone could read out Your gloating is not good. Do you not know that a little leaven leavens the whole lump? Therefore purge out the old leaven that you may be a new lump Since you truly are unleavened For indeed christ our past over was sacrificed for us So the warning that paul issues is that, you know, you are entertaining this, uh, this yeast this leaven You know that that that element which is used in bread and which is symbolically compared to something, uh, sinful so, um You know using metaphorical language paul is saying over here You know, you have allowed this little bit of yeast this little bit of leaven to you know, um Creep into your church and if you don't get rid of it, it's going to spread Not only will it be this once in now, you know, it'll be many many more sins because once that attitude of casualness comes in Uh, you know, it spreads and so he says, you know, what will be left of your congregation? You know, that's what he he seems to have been indicating in that first letter No, so this is the way that you're going to go ahead. Um, you'll no longer be a church You'll no longer be a part of the body of christ So it's a very dangerous thing, you know, so they are alarmed by this, uh, you know Warning that has been issued and they very much want to remain in christ You know, so, um, they take quick action To repent of the wrong that they have done and there is this longing. That's the word that is used Uh, you know next, um, it says they they have a longing. It's a longing to please god to once more be acceptable in his eyes and Then that is followed by that word, you know, um zeal in in Some some versions it just says concern concern is not a strong enough word because the greek word over there It's talking about passion and zeal. So, you know, now that they are alarmed about the wrong You know about the danger of their wrong They are now longing to please the lord and they are filled with zeal and passion You know to set right what has gone wrong and you know to come back into um, you know into an honorable lifestyle and uh, so Then he says readiness to see justice done So we do not know how uh, you know influential and powerful those particular people were in the congregation You know who had been openly indulging in sin, but then they um take action against them Um, even though it must have probably led to a lot of conflict Uh, I know they actually uh go to the extent of asking those people to leave the church and not come back You know, so all of that is done and because of that, uh, it's you know It says that that one man one particular man He repents in fact of what he has done and then he's you know appalled says now you can restore him back to the church So all of that takes place. There was a readiness to see god's justice done You know, even though it might have been awkward even though it would lead to um, you know social, um conflicts in their community And uh, so he the last thing that he says is you proved yourselves to be innocent in this matter Until god could say to them. Yes. Now you are completely innocent regarding this thing You know until that point they persisted Uh, so it was not a Fake repentance at all. This was truly genuine repentance. So when we are, you know When the lord brings anything to our attention that we need to deal with when he points out that something in our lives is sinful We need to uh, you know, um Get rid of that That sinful action You know keeping all of these elements in mind Are we earnest about it? Or is it the thing that we do for one or two days and then give up? You know, I mean, are we really eager to clear our name? Uh, you know before god, uh, are we indignant against that sinful thing the same way god is So these are all questions that we would need to ask ourselves Uh, because then the arch, you know, our repentance would be truly genuine So Just some things to keep in mind regarding repentance A person who is repentant will take holiness seriously They will not have a very casual attitude towards sin Hebrews 12 14 You know, which says without holiness, no one will see the lord and Um This is something that those that Corinthian church understood, you know They understood that if they want to remain in the body of christ, then they would have to honor him Uh, honor the lord because it's the lord's body. You see the church is his body So they cannot behave in a dishonorable manner and bring a bad, you know name to him and still consider themselves as being part of his body So, uh, they understood this and they took their sin seriously and um, Hebrews 12 the same chapter versus 28 and 29 where it talks about god being a consuming fire Now, you know, we just dismiss all of these, uh terms and concepts as Old Testament stuff But like it says in scripture God is always god. He has never changed Um, what he was in the Old Testament he is even today So, um, it's his hatred for sin has not reduced his standards have not, you know, his His his righteous standards have not come down. Um, everything is the same It's just that now we have a deeper awareness of it We have a clearer picture of how serious he is about his holiness Uh, okay, so we can't dismiss these things and say oh, yeah in the Old Testament He was a consuming fire, but now he'll put up with whatever behavior. No in fact now he has, um Given us his own spirit is holy very holy spirit who lives in us, you know And he has honored us by choosing us to be his temple. So obviously now, uh, his expectations would be higher So, um When it says that our god is a consuming fire and that without holiness no one will see the lord These are statements that we would need to take very seriously in our christian walk You know and continue to honor him Uh to keep another uh thing in mind, uh, because this is basically where we tend to fall I mean, we are not, um, you know, most of us are not really evil people Uh, but this is the area in which we tend to fall if someone could read out matthew chapter 26 was 41 please Matthew 26 41 Matthew 26 41 watch and pray lest you enter into temptation The spirit indeed is willing, but the flesh is weak Yeah, and then uh, if you could also please read first peter five a eight and nine first peter five Eight and nine Be sober be vigilant because your adversary the devil walks about like a roaring lion Seeking whom he may devour Resist him steadfast in the faith Knowing that the same sufferings are experienced by your brotherhood in the world Yes, so in both of these, you know, uh verses that we read out the emphasis is on watching And praying it's on being alert Being of sober mind, you know over here when it says be of sober mind It's saying, you know, don't be over confident be sober You know be aware that you you may fall if you are not careful So, um, what happens with us is that we tend to get over confident We think okay now I have reached a level of spirituality where I will not fall where um, I'll just be able to resist temptation effortlessly And uh, so when that kind of a casual, uh, you know overconfident attitude creeps in uh, we We are no longer that dependent on the lord. We think okay now we have we have arrived we can handle this So when the dependence on the lord kind of reduces And when we are no longer watching out, you know our responses to things Um, uh the way we are reacting to different situations. We may um become careless And we may end up saying or you know doing something that brings a bad name to the lord So, uh, we have to continue being watchful Continue staying very dependent on the lord and you know, uh being aware of the fact that lord without your grace and mercy And your constant guiding and warning I would really go back into sin My attitudes would again go back to being very very displeasing to you It's only because i'm constantly staying dependent on you because I constantly keep my ears open You know waiting to hear from you in case you know, you have to you know caution me about something You know nudge me in my heart about something It's only because of all of your help that i'm you know still on my feet if we can have a deep awareness of this This can go a long way, you know in keeping us uh from falling and that is why he says, you know Peter says in first Peter 5 8 to 9 be alert and of sober mind No, do not become overconfident. Uh, so he says, uh, if you stand firm in the faith Then you will be able to you know resist satan. So we need to remain firm in the faith. Um Being very prayerful in asking god to help us maintain that attitude of faith only then we'll be able to stand Confidently and you know the example that i'm always reminded of is moses. I mean such an amazing person, right? Uh, here was one person who loved the lord so much and cared so much about the things of god That god was comfortable in just speaking to him like a friend Because you know friends are on the same level. They think along the same lines So they gel together. So when any when any topic comes up, you know, and they start talking about it They are both on the same wavelength. So they know that they think along the same lines and and they're concerned about the same things and Uh, you know, they enjoy the same uh activities. So they are friends because um, they they're thinking is so similar And that was the case with uh, moses and the lord the lord found this person Someone who is on his wavelength who thinks the way he does Who enjoys the things that he enjoys and that is why he enjoyed coming to moses and talking with him as with a friend That was the relationship that they had and at some point uh, moses kind of becomes, you know, um Overconfident probably and that is the reason why we see him, you know, uh Falling into this dishonorable act and god says because you have sinned against me because you have done this You will not enter the promised land. Uh, so, uh, you know, if we could just very briefly look at that particular passage Numbers chapter 20 versus seven to uh, 12 numbers chapter 20 Versus seven to 12 Where the lord says, you know, these people are protesting and saying that they don't have water And then the lord says to them, you know, he says speak to that rock Numbers chapter 20 verse eight Speak to that rock before their eyes and it will pour out its water And so on an earlier occasion the lord had asked moses to strike Uh, you know a rock and on that occasion the water comes out and the people's thirst is quenched Over here in this case very specifically The lord is saying to his friend moses. He says, you know, on this occasion Don't strike the rock. Just simply speak to it and water will pour out And here we have moses taking up the staff, you know, it says in verse nine numbers chapter 20 verse nine So moses took the staff from the lord's presence.  He's done this once before He knows he can bring the water out And he ignores what the lord has said and rather than just speaking to it on this occasion He strikes it once again. Um He does of course does not understand the seriousness of what he has uh done He strikes the rock two times. In fact, it's bad enough that he did it once but he actually strikes it twice and The lord who is faithful to the people, you know, I mean after all they are thirsty So the lord does, you know, allow the water to come out and the thirst is quenched But then this is what the lord says in verse 12 He says but the lord said to moses and aran because you did not trust in me enough To honor me as holy in the sight of the israelites You will not bring this community into the land. I give them you did not trust me enough to To believe that you can speak and water will come out You are not willing to trust me to that extent and all the People were watching and waiting to see what will happen when you you know, just ignore my instruction And they would have seen the water come out. So they would have thought in their mind Okay fine our leader even though he did what was wrong Even though he directly disobeyed an instruction of the lord or the lord just excused it So fine. No, maybe we can also try it out next time. No, it's the kind of wrong learning which they would have caught And so he says you did not trust in me enough To honor me as holy in the sight of all of these people.  So you see when a leader Since the implications are much greater Um Not only is he you know in in rebellion and not only has he dishonored god His actions can influence all the people who are watching and it may send the wrong message to them that God can be taken lightly you know, so um That is why he the lord says over here. You will not bring this community into the land. I give them and uh Of course, there were other spiritual implications also involved because what god had I know Asked moses to do was supposed to point towards jesus christ the rock And moses was not even aware of this. He did not even know that they were greater in hidden implications So that is why the on the first occasion He was supposed to strike the on the first occasion when there was a rock that needed to be struck And when he did that that was in fact symbolizing christ being struck for us And christ does not need to be struck a second time One sacrifice on the cross was enough. It was sufficient. It was adequate to you know, give us The living waters to give us eternal life. There was no need for any second crucifixion So the second time moses was just supposed to speak Because he was acting out something that would have amazing spiritual implications in the future thousands of years later moses was not even aware of that He just took it all very casually. He was over confident. He says to them you rebels must be bring water out You know, he doesn't even say the lord will bring the water out. He says must we bring water out for you And you know, he goes and strikes it twice Completely in fact spoiling the spiritual message which this act was supposed to act, you know convey so when leaders, you know Sin It can be very very dangerous not just for them, but for the entire You know congregation for the people who are looking up to them and So That is why, you know Peter says over here be alert Be of sober mind because the devil is prowling around not just to tear you down, you know But in fact to tear down an entire congregation and so he says I know it's a the lord jesus in when matthew when he's speaking he says watch and pray So that you will not fall into temptation. The spirit is willing But remember always that the flesh is weak. So because in our renewed spirit Yes, we are willing to follow the lord But our flesh is weak and so it is so important for us to be careful So this is a very important lesson, you know to Keep in our hearts even as we think about repentance When we realize that what we have done is, you know sinful We immediately go to him and we choose to confess and repent and we Choose to be careful and watchful now onwards to see to it that we never repeat something like that once again And that is why uh paul says what he says in first corinthians 9 27 if someone could please read out for us first corinthians 9 27 first corinthians chapter 9 verse 27 No, I beat my body and make it my slaves so that after I have reached to others I myself will not be disqualified for the price okay, so Paul, you know how keeps all the old testament examples in his mind He doesn't want to repeat the mistakes made by you know, uh his predecessors the old testament prophets So he's so careful about these things. So he says, you know, he has seen other people fall, right? He has seen other leaders fall and he has seen them, you know being Corrected by the lord and he does not want the same thing happening to him. So he says, you know, I don't I should not get disqualified for the price After having preached to everyone else and that is why he says I strike a blow to my body and make it my slave, you know those specific areas where you need to Um to beat and box those particular areas into submission Uh, I think we had you know discussed this earlier in one of her classes, you know, how We uh christians do a lot of fancy shadow boxing, you know So we just keep beating at the shadows and we look like as if we are really putting up a fight Uh, but actually what are you doing?  Uh, so here there are a couple of verses regarding that in your notes Um, if we could look at first corinthians chapter 11 verse one first corinthians 11 one First corinthians chapter 11 verse one Follow my example as I follow the example of christ Yeah, and then if you could also please read out philippines four verse nine philippines, uh chapter four verse nine, please Philippians chapter four verse nine Whatever you have learned or received or heard from me or seen in me put into practice and the god of peace will be with you Okay, so paul is so careful not to be disqualified from the price You know that he's very very watchful about how he lives and he lives in a way that is Honorable to the lord and that is why he's able to say with confidence Follow my example as I follow the example of christ He is so careful to follow the example of christness every day life So that other people who are watching him Can imitate him without you know any concern because he's trying very hard to be christlike So when they try to follow paul's example, they also will automatically be you know working towards christlikeness And that is why it's with such confidence. He says Whatever you have learned or received or heard from me or seen in me You know you can go ahead and put it into practice because it is christlike behavior um I mean Amazing words for any leader to be in fact be able to say i mean it's uh such a high standard To meet up to uh, but the how was paul able to live in uh live like that? Because he was so aware of his weakness of who he was How human he was and so he says i'm really weak and because i am so weak You know christ uh is perfected in me his strength is perfected in me so He was a man who was Very dependent on jesus. He never ever thought he had arrived You know he in fact he says that right he says it's not that i have already achieved or attained But forgetting what was in the past i press on he says so here was one man Who really understood dependence? He never ever imagined for a moment that on his own he could accomplish anything So he always recognized his weakness and that is why he always stayed dependent Knowing that if he tries to do anything on his own He will you know fall flat on his face This grace the lord's name in the process affect the entire ministry process You know harm all the leaders who are looking up to him So many you know uh repercussions So he was always so careful to remember how frail How weak how dependent he is and that is why he always says by the grace of god I am an apostle by his mercy. I am doing the things that I am doing always so dependent on the grace and mercy of the lord It's a good attitude to have um And I think probably this is basically what it means when you know when he says work out your salvation with fear and trembling It doesn't mean that you know you're waiting for god to throw you out of his kingdom Or your kind of wondering whether god is going to come down on you just because you know you you did one No, you know a sinful deed.  You you know you apply it to your life and you show god lord I am really dependent on you and god loves that attitude of dependence Those are the people who are really able to grow in holiness Because they have understood that this is not something they can do on their own It can only be done by the strength of the lord and the lord loves to show himself Powerful on behalf of those who are you know just coming to him in that childlike trust and faith so So he talks also about humility peter in in one passage First peter five five Yeah, if someone could read out first peter five five Likewise you young people submit yourself to your elders As all of you be submissive to one another and be clothed with humility For god resist the proud but gives grace to the humble Okay, so we talked about humility in the sense where you understand your helplessness and you know humbly you say lord I'm completely dependent on you If I'm holy at all today, it's because of you if I'm you know going to continue growing in righteousness Then it's only going to be because of you. So that's one you are one aspect of humility the other aspect of humility is in our interactions Those who are under us, uh, you know, uh, how do we treat them? Um, are we respectful? Are we putting their interests before our own? You know, that is one kind of humility Then the other is what about those who are placed above us by the lord So whether we agree with them or disagree with them, uh, how are we in our attitude towards them? Uh, do we still uh continue to be respectful? Uh, do we obey them when they tell us to do, you know something? So This is another important aspect humility not only in understanding our dependence But also humility in our interactions with the people that god has brought into our lives So we recognize that these are gods people god has brought them into our lives So we have a responsibility towards them To to respect them treat them with dignity and if they are above us Then we need to you know submit to them because they are coming over there to us as god's representative God is sending them as representatives. So, um, Whether or not we always agree with their viewpoints. We treat them with respect Uh, and uh, you know, when it's a direct order, then we choose to obey And then you know, we can bring it before the lord and say, okay, lord I differ, you know with uh with my leader regarding this How should I proceed and you know, uh, the lord would lead us in that matter But uh obedience submission. These are all very very important things So all these become part of a repentant attitude, you know, the kind of attitude that those Corinthian believers displayed they They submitted to what paul was telling them and they displayed humility So these are all some important things that we need to keep in mind. Uh, you know, and we are thinking of walking in a repentant attitude um Just to look at another, you know, another aspect of repentance um You know, we are all familiar right with that uh, hebrew's Chapter six passage, you know, which talks about how a person if they have You know shared in the holy spirit and they have tasted the heavenly gift of salvation And all of that, you know, after that if they fall away, you know, they cannot be brought back to repentance That's a word of warning uh in extreme cases where someone has, you know chosen That they no longer Want to stay under the covering of the cross. So I mean that it does not apply to 99.9 percent of the believers. They may just be this one zero point one percent of believers who, you know, um Allow themselves to go to this stage Where they allow themselves to be trapped by satan to such an extent where there is no desire for repentance anymore left in them Okay, so but you know, just um if we could touch upon that particular thing over there, um So if we could maybe just read out hebrew's chapter six versus four to six and we'll just very briefly reflect on that point as well hebrew six four to six hebrew's chapter six was four to six It is impossible for those who have once been enlightened who have tasted the heavenly gift Who have shared in the holy spirit who have tasted the goodness of the word of god and the powers of the coming age If they fall away to be brought back to repentance because to their laws They are crucifying the son of god all over again and subjecting him to public disgrace Okay, so um It says in verse six, you know, those who have fallen away after having uh experienced the lord After being in the lord and enjoying the benefits of that after having understood about the powers of the coming age You know what god is awaiting uh for them after having Understood all of this and participated in all of this if they fall away. It says Uh, it is impossible for them to be brought back to repentance Uh, and now This is something that I had no read Very long ago. I think in my early 20s, uh, you know, one of those philippian see books um where he talks about Repentance and um, I don't remember the details of that, uh, you know, that particular excerpt But uh, you know, he he talks about a person who comes to him who wants to uh commit adultery with someone And he says god is a forgiving god So this is something that I really want to do and so I think I'm going to go ahead and uh, you know, um Indulgent thing and then I'll come back to the lord and the lord will forgive I will repent and the lord will forgive and uh, uh, philippian see says to him Um, or was it someone else who says to him, but whatever the point of the story is that Um, you know, the godly person says to this man who is contemplating adultery and says When you come back, what if you discover that you're no longer able to repent? What if your heart has reached a state of hardness where you no longer are able to feel repentance? That's it. You're finished then. I mean, there's only judgment awaiting you beyond that So you see it is possible for people to live in this habitual lifestyle of sin Where the heart keeps getting hardened more and more where finally you no longer feel any love for the lord You no longer are very grateful for what god has done Your entire perspective has changed.   I better repent so that you know, the lord will forgive me and you come to into his presence and you discover You love sin too much No longer really feel any regret for the things that you are doing You have lost it. You have crossed the point where you Feel repentance.  It's gone You have crossed the point where you can be brought back to repentance Now that can happen to a person who is living in Habitual sin year after year, you know, just hardening and deadening their conscience so For such a person at some point I mean only the lord knows at that that moment when that person crosses that border Where they no longer feel repentance and I know when I read that at that age I was at that young age. I was thinking my goodness. This is so dangerous. You can't just, you know Flirt with sin. You can't just play around with sin Because it leads to a deadening.  It has to be genuine right and you reached a point where There is no repentance left inside you and so It is that is why it is very very dangerous to continue in sin A believer should always stay sensitive to the holy spirit So that the holy spirit can always quickly bring them back to him You know, yeah back to himself so that they can continue to abide in the wine Otherwise, they are like branches, you know, which have been cast aside and those branches will be burnt up Okay, so this is just one very serious You know aspect of repentance that we must keep in mind And then there's this Another important passage that, you know, we could Look at And it's mentioned in your notes very briefly, but then, you know, I thought maybe we could dwell a little more on that We'll do this after we come back from the break. All right, so at Yeah at 11 if we can all log back in please We'll continue with our, you know Last final thoughts on repentance and then we will look at the overcoming life


Discounted cash flow method is a simple technique that is used to calculate valuations based on free cash flow projections. Discounted cash flow or discounting mode generally is also used in the venture capital method. Let's take a look at what discounted cash flow analysis means. So first we need to understand what the free cash flow here is. So this example comes from Rinnan-Helman book. They have the workhorse company that they use as an example. The company is making losses initially and then it turns into profits on the fourth year of its existence and then starts to grow more profitable. This is a very common scenario. Typically when you start a company you are not profitable initially because it takes time to acquire customers and you have product development and other things that incur costs. So the costs can be greater than the revenue so it's pretty common. The idea of discounting is that when we invest in the discounted company we need to get a profit from our investment. At least we should get as much money as we get from government bonds. Nowadays government bonds don't really produce any profits but quite commonly in older textbooks the risk-re-return rate which you would get from government bonds is set to be somewhere between 3 and 5%. So if we get 5% per year from government bonds that are risk-free then we should get more revenue, more money from this company that is more risky than the government bonds. So that's the idea. We need to take the risk into account. So the money in the future is actually less than the money now because if we buy a share of company now and we don't take into consideration that we could have invested our money elsewhere and gotten the 5% risk-free return then the next year we could have actually made the same investment and we would have gotten 5% more of the company. So we need to discount the future values to the current time taking into consideration the risk and the opportunity cost that we have when we invest the money into this company compared to some other companies. So we have calculated the cash flow projection somehow and then we calculate the discount factor. Here the discount rate is assumed to be 15% so let's assume that there is 5% risk-free rate and 10% premium for risk and how we get the discount factors here is that after first year, so this investment is made in 2019, so after the first year we should have 15% more if we don't then the investment does not worth it and at the second year, we should have 15% twice so 15% and then 15% more so we raise 15% of the second power and that gives us the discount factor. We have the discount factor grows exponentially or it decreases to zero if someone says that we will get a company that is worth a million euros but you will get the money in 50 years. I for example wouldn't take it because I value the money now more than I value a million euros in 50 years. So we value the future money less and less because there is risk involved and also we could be doing something else with the money than just sitting it on the bank account of this company. Then finally we have terminal value. The idea of cash flow projections is that we don't do that for the full future so we could go endlessly using this kind of discounting cash flow but at some point the projections become really uncertain and if you are projecting more than 5 years from now then calculating those projections would be difficult as well. So we assume that there is some kind of profitability at the end and some kind of growth rate and we use the profitability growth rate to calculate this terminal value. So the idea of this cash flow here is that this is the value that the company has produced us during the first five or six years and the terminal value is the value that the company will produce us from the sixth year on. And how the terminal value is calculated we basically use that kind of formula understanding what that formula where it's derived is not important but it's basically a formula for discounting from here to year infinity. So you discount on the infinity and that's the thing that you get when you derive it. One key thing to look at here is that if the growth rate of the company that we assume is higher than our discounted discounting rate then the company becomes infinitely valuable but that's not very realistic because there are limitations on how much companies can grow. At the end if a company grows on to be very large the general growth rate of the economy will set limits on how much they can grow. So in practice the growth rate can't exceed the discounting rate. Then we discount the terminal value we take a sum of all these discounted values and that's the net present value of the company or the valuation. So if we were to buy this company now we would have to buy pay six and a half million for it. So this is one way to calculate valuation you do cash flow predictions the free cash flows the amount of money that the company could return to the investors and then we discount those to the current values we take a sum of those current values and that gives us the value.


Happy Friday Navigation Traders, today is Friday, May 19th. Hope everybody had a great week. Don't forget to join us Monday morning for our trade of the week, Navigation Trading Live. We've given out a couple courses for our trivia contest. I think you guys are having some fun with that, so we'll keep that going, so make sure you tune in at 8.25 a.m. central right before the market's open. So let's jump into the trades that we did this week. We were a little bit more active, and obviously the reason being we've got a little spike in implied volatility, and that always makes trading more fun. So let's jump in. On Monday, the first trade we made, and this was our trade of the week that we did live in our broadcast, is we opened a new iron condor in soybeans. So at that point on Monday, remember IVU is still low, and so there's really not a lot to do as far as premium selling goes. So that's one of the times that I like to turn to these grains, which is the soybeans, corn, wheat, because you still get pretty good premium, a good risk reward in those trades. So if we take a look at soybeans, see we had a big move down earlier this week after we put it on, but we're still in good shape, still well within our range, so we'll continue to monitor soybeans. Next trade was in wheat, so we closed out the call side. So wheat moved down, it breached our downside break even, and we took off the call side, and then right after that our next alert went out and where we put on another iron condor in wheat to collect some more credit, widen those break evens, and so if we take a look at wheat, we've got these two positions. So this is our put side and it's since then moved back up, so we could take this trade off now for a little bit of a profit on the overall trade. I'd like to see it move up a little bit more and then we could collect a decent profit on the overall iron condor. And then the second alert that went out on wheat was the new iron condor, and so you can kind of see it's still in our range here, just waiting for some more time and some more theta to decay on that one. Next trade was in the cues, so we had taken off one side of our cues. We took off the put side after price breached our upside break even, and then so we were just holding the call side and it was getting close to expiration, so we rolled that to June and we did that for a couple reasons. I don't roll a lot of credit spreads or iron condors, a lot of times I'll just close them out when it's time to close out, but in this case I still wanted to carry that short delta in our portfolio. I like to, the ratio I like to use is depending on the amount of theta, so in other words the amount of premium we have out there short, I like to have a certain ratio of beta weighted spy delta to that theta. And so anywhere from kind of one to one to four to one, I like to have one, two, three or four times the amount of short delta that I have theta and that just helps protect us from the downside. And I mean that really helped our portfolio when we had that huge down day earlier this week, so that's the reason that you got to keep that short delta. I got some questions from members saying, oh my gosh, how do I protect myself in the case of the market crash? It's amazing when we have a big down day like that, everybody gets really nervous and the way that you do that is by carrying that short delta in your portfolio so that if the market does make a big move down, you're going to benefit from that. Now that does cause a little bit of a drag as we've seen over the last couple of months really since the election, how having short delta in your portfolio is going to reduce your returns, right? Because if the market's just grinding higher, you're making money on the premium you've sold typically, but you're also, you've got a little drag from short delta, but you have to do that. If you're a premium seller, you've got to carry short delta in case of those big moves like we saw earlier this week, so worked out just like we needed it to. So we've got that, we've still got that rolled position on and we're up really good obviously after the big down move. Now price has come back up and we're just up a little bit on the trade, but I wanted to keep that on. In other words, we had a 300 some dollar profit on this trade, price was up in this range here, but I didn't take it off because we still needed that short delta in our portfolio. So you've got to look at each individual trade, but you've also got to look how it will affect your overall portfolio. And that's why I continue to keep this on to look for some, you know, potentially a little bit more down move. You know, maybe we get it next week, maybe we don't, but having this short delta on is crucial. So keep that in mind as you're managing your portfolio. And remember, maybe it doesn't fit for your portfolio. Maybe you already have short positions on. So, you know, make the goal of these alerts is not for you to follow every single alert exactly the way that I do it. The value of this is I'm showing you what I'm doing and then you need to decide how it fits in your portfolio. You need to decide how many contracts to trade based on your account size. You need to, you need to determine how much short delta that you're comfortable with and so forth. So, so keep that in mind as you're managing your portfolio. Next trade was a closing trade in GLD. So that was a, an iron condor and it ran, ran down on us and we only had four days to expiration on there. So we, we closed that out, took a couple hundred dollar loss, not, not a big loss, wasn't a max loss by any means, but it was, it was just outside of our range. So we took a loss on that one and moved on. Next trade was a closing trade in corn. So that was an iron condor, took that off, made about 40% of max profit. So that was a nice trade. We scroll on to the next trades. You can see we have a lot more trades than we typically do because that implied volatility before that Ivy spiked, we put on this implied volatility was very low. Ivy percentile was four in SPY. So we put on a calendar spread and that big move down. I mean, just within a day or two, I mean, price is already touching, almost touching our break even. So it was almost time to adjust, but not yet. And, and as you can see, prices moved all the way back up, almost centered in our calendar. So continue to monitor and manage that. Next trade was in EFA. This was an adjusting trade. So we rolled the puts up. There was very little, little extrinsic value left in those puts. So we just rolled those up closer to price still in the June cycle. So if we take a look, we've got a little bit more of a narrow strangle now in EFA as you can see there. So we'll just, we just need a little bit of a down move and probably late next week or early following week, if we don't just close, if it doesn't come back in center, we don't just close it out. We will most likely roll this to July. Remember, I talked about, I've talked about it in a couple of videos recently based on just experience trading and some of the new back tests, studies that we've been doing and seeing is it really doesn't make sense to hold these trades past that 21 days to expiration. And so once we kind of get to that point about a week from now, we're going to roll out to July, which at that point we'll have about somewhere around 50 days to expiration. And that's where we want to stay kind of in that 21 to 60 days to expiration. The closer you get, the more gamma you have, which, which means that basically the more risk you're taking on. And when you get under that 21 days to expiration, the amount of risk you're taking versus the reward you get is a little bit out of whack. So we want to, we want the highest probability of success. And so just keep in mind on these, especially on these naked positions as we get closer to that 21 days to expiration, we're going to be starting to close or roll those depending on where the position is at that time. Next trade XRT. So we had a Stradolin XRT. This is a, this is a really cool. I'm actually going to be doing a, another video on this just to show you the kind of from start to finish on this trade. So this is a trade that we actually put on back in February. And it was a strangle and we, we had to adjust four different times, but we came out with a nice profit over $450 or something like that on just five lots, five, five contracts on XRT. So very nice trade, just staying mechanical, sticking with the adjustments. Paid off nicely again. Uh, and so this shows a really good example of that. So I'm going to be doing a separate video that I will post on that here probably next week or so. Next trade was in EWW closing trade. I bought that back for about a 55% of max profit. So sometimes you get those, that overnight theta decay that really sucks that premium out. So we're able to make even more than the 50%. I've got about 55% in EWW opening trade in EWZ. Uh, IV percentile at that time was at 52. So we put on a strangle and, uh, and well, once we get to the adjustment, I'll, I'll go through EWZ. If you had this position on you and, you know, what happened at EWZ. Uh, the president of Brazil, uh, got, got himself in a little hot water. There's some kind of collusion going on. So, um, so there's a huge move in EWZ since then. The last couple of days, it's already moved a significant amount back. So, uh, I'll talk about that here on the, on the next adjustment trade. Next one though was, uh, iron condor and IWM. So IV percentile jumped up to 54 when we put this on. If we take a look at IWM, you can see still very centered, got a little bit of profit, not enough to take off yet. So we'll continue to monitor that. If you look at the chart, I mean, look at, look at this implied volatility. I mean it shot way up and then it's already all the way back down to the 21st percentile. So, uh, we'll continue to monitor IWM. And then, and then the next day, uh, we, we, uh, we had to adjust our EWZs. Okay. So this is the, this is the one I was talking about. So what happened was after that news about the Brazilian president came out, if we take a look at EWZ, we put this on right here. Okay. Implied volatility was up over 50, you know, good time to be selling premium. And then boom, the very next day it dropped at one point. It was down 20%. Okay. That's a, that's a huge, huge move. Right. So what happened? Well, it, it blew through our downside break even. So did we panic? Did we, did we get out of the trade and say, oh my gosh, I got, I got to get out. Uh, you know, Brazil's going away. No, we didn't. We stayed mechanical. We rolled our calls down. We actually went inverted, which is very rare to do that on your first adjustment, but we went inverted and so this is, this is what it now looks like. And look at this, prices come all the way back, almost up into our range. Okay. So now we're just continuing to let this theta decay and, and we're going to be mechanical. And as we get closer to that 21 days to expiration, we'll roll this out to July. So this is going to take us maybe a month or two to get back, uh, you know, to profitable on this trade, but that's, that's part of trading. I mean, that was a massive move.  And, and of course price has kind of helped accommodate by, by coming back the way it has, but you know, that just shows you the power of the mechanical strategy that we use, even on a massive move like that. We're still not, we're still not that bad. I mean, we're down on the trade. We're not down 1300 up like this graph shows because we, we, uh, bought back the, uh, the calls and readjusted those. So it doesn't take that into account. We're still down on the trade, but, uh, very, very manageable. And the, and you know, that's one of the other keys is you've got to stay small.  This shouldn't be, this is just one little piece of your portfolio. And, uh, and, and that's how you got to treat it. So when that happened simultaneously, we also put on another strangle and we went out to July, okay, about 64 days to expiration. So a little bit further out, then we typically go above that 60 days, but, but based on that huge spike in implied volatility, I mean, when we put this on IV rank, IV percentile, we're both pinned at a hundred. And so we, we wanted to collect some more credit, take advantage of that extreme high IV and, uh, and so this is the other position. So we're already, already profitable on that one and it's helping us gain back some of that money that we, that we're, we're down on that paper loss from the, from the initial strangle. So that's how you want to manage these. Don't get scared. Don't get nervous. The only time you're going to get blown out or nervous is if you're trading too big for your account. So I know I, I say this all the time, but keep your position size small and nothing's going to hurt you. Okay. Um, okay. So EWZ, I mentioned that one had another opening trade. We put on an iron condor in DIA IV percentile jumped up to 78 at that time. So we threw sold, sold some more premium and DIA. And you can see this is still well within our range. Price has since moved up. So we're down a little bit, no big deal there. Continue to monitor that. We take a look at DIA. I mean, we got in when IV was way up here and it's been slammed down with the, with a couple of little up moves today. So the one thing, you know, the other thing to do, you might, the other thing to consider is when Ivy jumps up like that, you want to put on positions. You absolutely need to be putting on positions, but don't go crazy. In other words, don't load the boat because, uh, A, there's, there's no telling that, you know, the market could have continued to move down and Ivy could continue to spike up. So you want to just stay small, put a couple on today and then look at, look at what happens the next day and the next day and the next day and maybe add on a little bit here and different underlines, spread that time out, spread your risk out between underlines, spread your risk out between days.   Now in hindsight, obviously with, with implied volatility getting crushed back down, yeah, should we have put on more? Well, no, we shouldn't have, but in hindsight, you could have said, wow, I wish I would have. And that's just, that's the life of a trader though. Don't, don't play the hindsight game. Just stay mechanical, do what you know you need to do. And you're going to come out great over time. And then lastly, the last trade we put on today was in oil. So we added another strangle in oil. So let's take a look at the charts of oil. And so we've got two different contracts here. The first one that we had on is the July contract. And as you can see, price has, has moved up significantly. It's, it's on the upper, upper end of our range. And so what I like to do is I like to put on another centered strangle around that to widen our break evens and, and also, you know, collect more credit on that, on that trade. Now, oil selling premium in oil is one of my favorite, favorite symbols to trade. And so, you know, if you, if you look at the implied volatility of oil, it's still not, it's not quite over that 50 level. Let me get to the, let me get to the chart here. It's not quite over that 50 level. We put this on, it's about 42, you know, right in that range. So, you know, the difference between 42 and 50, not a, not a huge deal. But I like putting these positions on because you get such a good bang for your buck in oil. Now that, that has to do with the amount of leverage that oil has. So if you are trading a small account, if you're trading a $5,000 account, let's say, you may not want to be putting these on, okay, in oil because it's a big contract where, where, you know, oil is currently trading about 50 bucks. So you, the multiplier on this is a thousand. So every one contract is controlling, uh, you got to multiply that times a thousand, price times a thousand. So you're controlling $50,000 worth of notional value in oil for every one contract, okay? So it's, it's a big contract. So just keep that in mind. It, it's a great product. It's, it's great. It has good leverage, uh, but the multiplier is a thousand, not 100. As opposed to SPY, for example, it's, uh, 238. So you multiply that times, times 100. So that's, uh, that's 23, uh, 23,800. So for one contract of SPY, you're controlling 20, let's say 24,000, whereas with, uh, with oil, you're controlling a lot more notional value. So you've got to, you got to stay small, keep your position size small. I know I keep beating a dead horse here, but, but that's the key, uh, to this type of trading. So, so we've got this one. So I wanted to put on another one and, and in doing that, I moved out to the next expiration cycle, uh, because if you look at the different, uh, option chains here, the one that we currently have on, it's got 27 days left ex ex expiration. So I didn't want to put on another one with, with that many days. It's not over 30. So I went out to the August with 59 days to expiration to put that on. So if we take a look at that, you obviously just put it on. So it's very centered sitting right here in the middle, waiting for some theta to decay. So a couple of other positions we have on here. We've got an iron condor in apple. So you can see we're a little bit in the profit there. Not enough to take off yet. I've been over a DIA, EFA, EWZ, IWM. I mentioned that one. Lulu still got this iron condor in Lulu. Unfortunately implied volatility. It's just kind of been creeping up in, uh, in anticipation of earnings. So we're probably, we're going to take this off next week, looking for potentially a little bit of a dip before it turns back up. If we do get a dip and we get out of this trade, we'll definitely be out of this by before earnings. So we're going to be out of this next week. So just, uh, just look for that, whether we have a little bit of a loss, even if it's right in our range, we, uh, we won't hold this one through earnings. Whenever cues, SPY, got a calendar. I mentioned that an XOP got a strangle on an XOP up a little bit of money. And that one, uh, but need a little bit of a move down and some more theta decay to take that one off. So that's it for this week. Hope everybody has a great weekend and we'll see you next week. Don't forget to join us on Monday morning for the navigation trading live broadcast on Facebook and YouTube. See you then.