Welcome back to the Trade Hacker Mindset podcast. In today's episode, we got a special guest. Mark Anderson is with us. Trading the markets can be difficult to master and seemingly just out of reach. Professional traders have a secret.  It requires the Trade Hacker Mindset. All right, Mark, what's going on, my friend? How are you? Fantastic. Just another beautiful day in the market. I'm glad we have more Mondays after the holiday season and also just kind of preface this. I'm talking about personal trading, not a direct relation to my fund. I'm not a financial advisor. So anything I say should be taken as investment advice and all legal mumbo jumbo. But aside from that, I'm definitely excited to dive into more about you and everything and just specifically about myself as I'm predominantly a zero DT trader running ahead from that and also trading retail accounts on the side started as a basically construction worker picking up on zero DT in 2020 and have had 17 consecutive quarters of profitability in my personal account and just been clicking along with that. I also, you know, I'm really into some certain aspects of how I identify the trading and shorter duration options as well. Awesome. Well, that's good stuff. And so you've been, you've been in the navigation trading community for probably what five, six months? Is that about right? Yeah, five to six months. I stumbled upon you guys a while back. I'm basically on every discord kind of across the zero DT community and you know, the main thing with getting good at trading the way I look at it is if anyone played sports, it's basically you doing backtesting as practice, you deploying set strategies and what size is basically playing time and then your results are obviously the scoreboard and the win loss. Love it. Yeah, I'm a big. I love I love the sports analogies because there's so many parallels to trading. Yeah, let's do this. Before we before we jump into kind of your trading journey and some of the stuff that you're doing real quick. Fun fact about something else that you're involved in is you are a Tony Robbins coach. Tell us a little bit about that. Yeah, so I actually went to a Tony Robbins event probably like four years ago with the sales team and you know, they basically described it to me like self development Coachella. I went to it. We like drank the whole time and but I was like, ah, this guy's kind of got probably some stuff to him. So then I ended up coming back and getting more into it. As I did that, I kind of realized that you know, I was thinking about doing things. I make a decision and then life would force me to do it. Then I'd go back to Tony Robbins event next year. Like, okay, I'm actually going to do it and then I'd follow through and actually achieve it. And then I was like, hmm, why am I waiting so much time in between all this stuff? I can make all these decisions without a crisis in my life and follow through with that type of fortitude. Then I signed up to do his platinum partnership, which is like four or five countries a week every month. Probably like 1500 hours of like kind of like deep self development stuff. And after I got more into that, you know, the secret to living is giving. So I got back into basically helping people with that and trying to have an impact on how it changed my life. And then next week I'll be doing one of my coaching and captaining for kids between 14 and 16. That may not be in the best areas of their life. We're going to go through like a five day process and event and then the kids are actually going to vote a couple of people from the team to have a scholarship to go in person to San Diego to their global youth summit. So that's like the main thing I'm interested now and still got a few more parts for the coaching and training until I get to that, but also love to talk about that as well. Yeah, that's amazing.  You know, you know, that kind of thing, but then I went to an event and man, it is, it is crazy.   So that's cool, man. So yeah, you said there was something else you wanted to kind of dive into on that. Yeah, I mean, it's just kind of nuts. Like they'll have you walk on fire. You know, we had it's very holistic. We had a love and relationships event, a business, you know, event, a spirituality event, science of success, art of fulfillment and in person, they do go pretty hard on it. Like, remember at day with destiny, it was like seven days and we were going from about nine a.m. to three a.m. every day. And the real thing that I think, you know, he's always adapted and that allows people to connect with it is it's amazing when someone is truly like trying to serve someone without judgment and integrity and honesty and love. And we often don't get that that often or may withhold that or whatever rules we have around what we need to get a return to have that, but that's always available. And once you're kind of opened up to someone walk in the walk and talk in the talk and then you apply it, it really starts to make changes with everyone else around you and yourself. So I think it's really powerful. Everyone should go to one. I think you could watch like his rise summit, which is like his three, three day thing on YouTube if you want to check it out, but always, you know, say those things and, you know, even if you're into religion or anything, it's like very similar like that. The actual act of religion is just practicing the empowering emotions like faith, gratitude and basically like a higher meaning and stuff. So same deal. Well, that's awesome, man. I can, I can see how that would, I mean, just being that close to it, being that involved and then taking something that you've learned and teaching it. I mean, you know, kind of like with me with trading, I've learned so much more about trading because I teach it. And I can imagine you, you have the same kind of situation from a, from that perspective now that you're coaching and you're teaching and you're, you're that close to it. I'm sure that's been a huge impact on your life. Yeah. And I mean, that's also kind of like a perfect segment of the trading. So basically the way I like to view the trading as well is there's your ability to recognize a pattern, which is like volatility, river stage or whatever that is. Then you're, there's your ability to utilize a pattern, which is like being some type of signal, being able to read more in depth and then there's being able to create some type of pattern, which is like the true innovation. And as we get further along in this and realized ball and five ball are closer and who knows what's going on in the market making world of zero DT and as technology goes like technology and everything's moving quicker. And the only people that are going to be able to continue to go with this are going to be, you know, individuals that are able to create their own patterns. And I think this is, you know, always going to be there and specifically for us as retailers, traders or not, you know, tens of billions of dollars of endowments and Wall Street hedge funds like the zero DT space is ours because the democratization of information has gotten down to a point where people can, you know, find it and utilize technology for inexpensive cost. But the fact is like, if you're just throwing around, you know, a couple million bucks, you can still use stocks within an open market on zero DT, which is something that billion dollar hedge funds can't do. Or if they did, it would be a statistical rounding here on their portfolio. So like that's why I kind of like to say focusing on that zero DT space is a great point for retail traders and then maybe like individual underlines that are inefficient. And also when I say zero DT, I would like to kind of expand people's mind as well because in my opinion, the point of zero DT is you're not carrying anything overnight and the fact that you can deploy capital five days a week. So whether that be one DT, zero DT, three DT, five DT or seven DT, I kind of all consider that zero DT trading when I refer to it going forward as well. Got you. And so I don't want to make any assumptions, but I assume you're a, you're a net seller of zero DT, right? I mean, you're not, you're not buying options. So I do buy, yeah, net, net, I'm always a seller. I will basically have some neutral Delta on some positions I have. However, I'm closer in expiration on my shorts.  And how are you deciding on the positions that you're taking? Is it strictly volatility measures? Is it back testing at combination of the two or kind of what's a, give us a high level overview of how you're navigating that zero DTE space? So I look at it at a few ways. So first of all is I view it as a portfolio. So it's how trades go in with one another and how that basically affects my ability to profit. And then in regards to that, everything I do is back tested. I never do anything that's not mechanical. However, everything I trade is also based on some type of signal. So I think there's like a stark line between what people would call trend following and what people would basically call like signals. So trend following would just be like, you know, if it's, if it's up, I sell put since not really based on some type of back test, but if it's like, we're up 1% this day and I sell something like that is what I would consider signal. And I think a lot of people are also misguided kind of in the tronching community that will do like a dollar each side 12 times during the day and think that's diversification.  And also all of those positions are exposed to potentially one, you know, convex move during the day. But when I'm building my portfolio, I like to look at several things. My three main guiding lights are going to be the Mar, which is the percent return versus the drawdown. I like to use that as a proxy for capital efficiency and a proxy for risk reward. Then I look at premium capture ratio, which I use is basically a proxy for how robust that edges. So if there's something with a five to 10% PCR, that edge in my opinion could easily to road away. Whereas if you have something with a 30 to 40% PCR 25% PCR, that edge is most likely not going to road away. And then the third metric I use is basically days between new net and the highs because if I'm trading something, you know, I want to get rewarded for it in a relatively short timeframe. The longest I would ever go is basically 90 days. And I think those are kind of like the best metrics you could use because I haven't found one that it has all three, but it seems like they each complement one another. Whereas something with a super good risk reward that is super capital efficient, probably, you know, doesn't have the highest PCR and has quite a few days between new net like highs and then something with a really high PCR may have a high more, but it's going to be very a lot of days between new neck highs and then something that has a really low premium capture probably has a massive more and a map and not very many days between new like highs, but it has a low PCR. And then when I look at that within a portfolio, I'm running everything through Python. It's all empirically based with math and all that those things and all of my sizing is kind of a mix between systemic and selective and then I also like to play up and down the probability curve. So I have trades that are 95% success, 90% success, 80% success, 70% 60% 50% and hedges. And by doing that, you know, the deviation of within, you know, two degrees of statistical certainty for a 50% trade could be 20% with a 95% trade. It's probably only two to 3%. And the thing with zero DTE is the reason I'm able to, you know, basically 10% every quarter on that straight 45 degree PNL line is because there's so many occurrences that you're going to get your return and you're going to get your drawdown and that's within to standard deviation certainty and you're honestly probably eventually going to get to a three standard deviation probability, but I'm not necessarily as well as worried with that and that's why I buy heads and so you always so talk talk a little bit more about the hedging. So you're you're always hedging your positions or you just or when you say hedge, are you talking about utilizing different positions? Yeah, it kind of correlated or how do you think about that? What I like to do is I'm always managing my short leg on any trade I do just because I think it's more efficient on if there were to be a large move, you're going to get filled on a one leg order before you get filled on a two leg order and just fun packed out there. Anyone who's not as familiar with how order flow works. So basically through the OCC you're just in line. So if someone puts a stop on that's the same like double bid trigger at 932 a.m. and you put yours on at 1030 or you adjust your stop. You're now behind them in line, but if you're on a mid price, you're headed the person that put their order in at 932 so lowest level of hedging is that by only managing the shorts. I think you'll get a better fill will be in front of people in line and then your long leg can offset some of those losses if there's a super high convex move. I basically look at the long leg is a way to buffer any slippage on a fast move. So like you had a dollar slippage you should probably be able to get a dollar for your long leg outside of like the last half hour power hour. And then what I do as well as all basically hold hedges anywhere from lawn options that'll be from 3 to 14 days to expiration and those like if there's a big drop overnight, I'm kind of already sitting on some potential wins or if there's a very hard trending move like throughout the course of one or two days. I'm basically sitting on profit. So what I like to do is find something that has at least a 25% win percent and that basically has a one more in a break even expectancy and those tend to cancel out pretty well with zero day trades because at the market's not moving much those hedges will basically you know be offset by the faster decaying zero DT premium. And then if there were to be some massive trending market, I'm basically getting a bonus on holding those long options. So I don't have to sell you know 10% of my account and premium to have a 1% update when S&Ps up 1% or something. So I think those are very important to do. I do carry some risk overnight on the short side as well, but that's when I talk about kind of like the net delta. So that balancing of the two is very important and one example I'll kind of give that will drill down the fact that options are basically overstated is if you've heard of the concept of like kurtosis, it's basically saying that there's like far more moves within 0.5 standard deviations and stated and then there's fat tails, which there's far more moves that are larger and two standard deviations of magnitude. So by selling you know half standard deviation or one standard deviation options you should be able to profit from the short side, but when it does move those long options will help that and an easy way to illustrate that is like if you sell you know one day or seven day straddle you buy it and then you sell like anywhere from 15 to 5 delta wings. It basically has a positive expectancy, which empirically you're like how does this make sense? You know you're you you're defined risk your short one or long another and that's just basically an illustration of how robust that edge is the question is are you going to capture it and be efficient. So you're so you're so you're utilizing a little bit of short premium to offset the decay primarily overnight because during the day you're you're in your positions but and so you're you're using some longer dated options buying far out of the money to hedge and you're just using the short premium in a narrower range to offset that decay to equalize it as kind of a net net zero on that on that position unless you have a big move then you benefit is that. Yeah, so the way to think of it is like basically think of it as a sharp buffer. So like by having this hedge at a longer duration like the date is faster on the shorts because they're shorter duration is even though those hedges basically have a break even expectancy it increases the sharp on your portfolio. So your risk to reward is just improved by holding those that is because when you get hurt on a big move those are basically going to pay off on another way and that is also so like we talk about systemic and selective strategies and the curve fitters are selective. I believe that the only truly robust trade over an extremely long period of time that you can be systemic trading in every day no matter the environment is something like that that is based on you know an options theory in regards to short shorter duration has more data longer duration has less and basically like as that decay there goes off that'll bounce out and like Ron Bertino has a great course when he speaks about that you know in longer durations and how to use portfolio margin to basically you know offset the ability that your broker would let you borrow for those more conservative trades with less capital efficient. And are those are those longer dated hedges that you use or those just something like and I know it varies and you probably ladder into them or whatever but are those something you just you put on right before the close to hold every night and then you reset them every day or is a something or some of them you're just kind of longer duration you're just holding over the yeah all my hedges are going to be put on at the open or the close just because you know I think that's the best most unexpected time to where it makes sense to like by all basically and then in regards to the management of them I also think it's more in a back test of the two it's more efficient to constantly roll them than to hold something just like using a certain stop-off on short options there's an inflection point to where that curve basically flattens out that like it's no longer a useful hatch. So all of those intricacies are important ways to understand how you would correctly hedge your portfolio and it lets you be more capital efficient because it can offset your short options with your zero DT trades and the other thing that I would really like to enter as the people is let's say you're selling like a 75 cent option and you're buying a five cent wing like you're basically giving up 10% of your profit to buying that wing whereas if you have a long option that's a hedge completely offset your buying power and you just giving yourself 10 you 10% edge just from that that also buffers your sharp portfolio and like Corey Hofstein talks about this too but it's basically called return stack and so you can margin your Treasury 100% on TDA select get a 5% risk-free rate you can use long options that improve your sharp that offset zero DT trades and on top of that there's other products I highly recommend people checking this out as well. There's a product called like a 31 30 from Quantino and basically it holds the index and then we've leveraged shorts you know 30% of the comport components and index and it will hold unrealized long gains in the index if the market goes up and it'll realize short term losses from short selling of the components that are below the EMA it's all like computer so you're basically tax off harvesting on the way up or down was still getting the 8 to 10% return from mass and P so it's like we're just adding risk-free rates tax efficiencies and all of those things and I kind of like to relate those and even options I called tractor supply companies and towns that are too small for Walmart it's like there's niches that we can take massive advantages of either from laws and regulation from lobbying from the financial space or just from our size that we can use stop losses and you know zero DT and stuff so that's free money and everyone should be taking advantage of that once you get to size and it makes a massive difference because you're compounding this 256 days a year and the example that I like to get is if you make 48% a year you make 4% a month but if you make 4% a month which is what zero DT options you know could potentially do 4% a month compounded 61% year so just showing up and trading zero DT doing this taking the same amount of risk to everyone else and it's actually less because you're not holding overnight risk you're getting a 25% boost year one you know I'm saying and that's going to be convex and basically be a 2x boost year two and that's the predominant pattern of zero DT and trading and you can pick your route with options that whichever way the market's going you can still profit. Yeah that's awesome well said I mean you really articulated that well too that's that's great you said you said one thing I want to I want to circle back on you said a lot of your zero DT or all of your zero DT positions are based on a specific setup. When you say that are you always going in Delta neutral or are you doing directional zero DT trades as well. So I've got a few ways to go about it. I also don't think Delta is the best proxy and again we go back to patterns. So like if I trade a dollar often on each side and on and I make them 50 wide on my put side I'm buying a 10 cent wing on my call side I'm buying a 5 cent wing. So like the volatility risk premiums already off and then on top of that there's more skew on the downside when I say skew the way I like to relate this is the most accurate price or of moves within the market which is shown to be overstated is the at the money implied volatility and this is not the VIX that's the strike of that the money implied volatility and there's basically no difference between the put side and the call side and then further out of the money options have more of an implied volatility at that strike and then on the call side it kind of has a smile to where it's basically the same as at the many options. So if you were to sell that was you know two dollars or one dollar on each side and the strike for the put side is in 18% implied volatility and the strike on the call side is a 16% implied volatility. You're not actually Delta neutral so I'm basically always leaning to the put side on having more whether that be I have four puts two calls I sell an extra dollar on the put side and then the puts for the same premium is usually also further out of the money. So as a trade ages that basically becomes a different aspect but in regards to the signals and how I like to look at them is different market environments provide different opportunities and unless they're married with a long option there's going to be problems with that. So if we have a 15 VIX there's less implied volatility and there's less stew than there is when there's a 20 VIX and in regards to that there's also less premium and there's less options later in the day. So with the 20 VIX we had six and a half hours to take viable trades with a 15 VIX we may only have three hours. So that is the you know predominant proxy for it and that varies a little bit that 85% of that one straddle based on data is the most accurate for 0 GT but we can basically blanket that and I view there's three times for trade opportunities that I look at that's the open that's basically the euro close or the lunch and then there's power hour which are hedging obligations. So when I'm breaking down these trades initially to start at the open I basically know that like this is the most uncertain predictor of volatility during the day. I basically have no idea what I'm doing. So I'm almost always Delta Neutral obviously usually leaning towards the put side and also the big handicap of stuff at the open and the big reward of the open is if you take it all the way to expiration and the market doesn't move it pays very well but you're exposed to that market move basically the entire day. So I like to pair both of those types of strategies and once I go and look into it I'm going to base like what are signals that do that well. So a simplest signal is I like to talk about the Monday and Wednesday effect. I don't believe the Thursday effect. I'm not a curve fitter but for example today I don't know what the sad is don't quote it on me but it wasn't like you and Claire's book. It's like 95% of VIX options expire out of them. So today we open up ball came out from you know Tuesday CPI and 15 strike VIX has the most open interest. So like I know like sure we could ping pong up and down but like we're probably not going to have to sell off today being Wednesday at the open so like I'm already comfortable with leaning towards the put side and if the market turns slightly down I'll probably add more to that put side in when we talk about the signals I have to also explain it so I can make sense why Wednesday works. I can't make sense why Thursday doesn't work other than like it's 20% of the week and there are probably some really bad days just from volatility or news events because volatility and pricing in isolation is very valuable and easy to take an edge of but the second there's actual market movement from some type of news announcement I'll just throw out basically all my signals and then also the way options are priced it's like going to the upside it's much easier to hedge and it's also much easier to make money because people normally you know sell calls and then they buy them back whereas on the put side people roll down their puts and then there's that volatility feedback loop which is like volatility spikes up dealers need to sell more futures to hedge which causes the market to go down and then it moves down faster and pricing expands rapidly we're on the upside you know dealers are short selling their hedges that were long and it's basically compressing that movement slightly so once I establish that aspect of just knowing about options in general I'm then looking at indicators so EMA is not a great indicator just because I don't think it's robust because price can you know slightly move for like two minutes and screw you up whereas percent up or you know how much the VIX moved overnight especially if that was from a news event is a is a pretty good proxy for the signals that I like to choose from and I think you know we've seen some of that in the community and then you then establish guardrails on that so like we know our theory we're back testing it you know what we're looking for and then we kind of a set guardrail so like if the market is up one percent selling any type of put work if the markets up half a percent like you probably actually want to put a cat on you know potentially selling some call stuff maybe I like one and a half percent or the VIX is down whatever because we could still be ripping up to that whereas like another thing I like to say to is like to the downside I'll usually just that's a signal just not to trade because balls going crazy pricing is all weird like slippage is usually worse liquidity is worse so to the downside I predominantly don't use very many signals unless it's middle of the road downside. Gotcha. Interesting. Well we can we can talk a little bit about your hedge fund and and whatever you are comfortable with talking about we can or or you know if there's something you'd prefer not to discuss that's that's cool too but really this could go either your personal side or the hedge fund.  I will use discretion for taking off hedges and I predominantly do that because I'll kind of marry a short strike I'm not too concerned with that and also monetizing hedges since it doesn't happen as often you know what's going on is more of an art than a science and everything I'm doing is automated just because I think that 80 percent of people's mistakes is their psychology so the less you could be in front of a computer the better like that's just again that's free lunch that you can basically just pick up in regards that and the way I kind of like to look at you know how I'm going to manage that or with Python also with Python it's like there's a plug-in to Excel Microsoft 365 so I don't know how to really type Python I could just use the plug-in for Excel so that buried entry again again is basically gone if you're willing to spend three hours to learn Excel but that's a roadmap on what is applicable and it's honestly not even the most accurate thing on earth because like I've run optimal sharp on Python and then I've just sized up manually and all these programs basically have assumptions like sharp is assuming everything is basically I think it won the Nobel Prize everything is basically just a stock it can only go up and down you know they're all just as capital efficient for one another and that's obviously not true and that mistake is amplified and that assumption is amplified by 250 trading days a year so understanding all that as a guardrail and then being able to apply you know a worst case scenario is a very important aspect when you're sizing all that stuff gotcha and so are you are you trading your own personal stuff on the side or are your funds inside the hedge fund how do you how do you kind of manage that whole difference yeah so I am within the hedge fund I do have about 25% of a fund is my capital and then on the side I'm actually doing what I call the 401% of my 401k I may blow it up but I basically have like a 200 grand 401k on the side and my goal is to make 401% on it this year through trading zero DT and the reason I do that is because yeah a lot of people have a misnomer with oh options are risky or people just love volatile stocks like you know because most people just throw a dart at the wall and one out of a thousand buys and then video call at the low and they make 10 million bucks and that's how most people make money with options or they just buy a really volatile asset like Bitcoin and there's going to be an even distribution of people that make insane amounts of money and people that basically lose money whereas what I'm trying to say is you know like I said made money in 17 consecutive quarters I've done at least 10% and that's just because that's that 45 degree line and based on math however I like if you're okay with a 50% drawdown like volatile assets you know not to pick on Bitcoin is just with coming in my mind you could do 400% and have a better risk adjusted reward and I could tell you I could make 400% if you're okay with a 50% drawdown too. I was going to do that in the fund. I have a low volatility target and stuff but that is the real aspect of mastery that I like to point out to people is that you know it's really riding your own path and people often don't understand the risk that they're taking for the reward especially when we're a bull market or the government's dumping money into the economy. No one knows who's swimming with their shorts off until that rolls over which is just a much longer time frame than you know zero DTE staff which like I said you're going to get to that one or two standard deviation with like 90 days so I met someone you know on discord in the trading community that was basically look at this amazing indicator on puts and this has been since like the Gaza thing in October and I was like I could use the indicator that in you know Idaho on a day when its visibility is more than seven miles and it would look like the best trade on earth you know I'm saying so that's really where I like to push back on that stuff but I also want to show the power of these zero DTE options and it's like just from a personal story it's like I'm you know I made no money trading zero DTE I made 10 grand trading zero DTE made 100 grand trading zero DTE I made million trading zero DTE I'm trying to make 10 million sure zero DTE and like just by doing that like that scale actually goes on in perpetuity once you have that mastery and not saying that it's easier everyone could do it but that type of consistency really is there in all the opportunities kind of within those tractor supply companies that in towns that are too small for Walmart's so that's how I like to view it as like we use empirical math like Python fancy Wall Street stuff and I'm getting more into like this quant stuff and networking people then we just use our general common sense and then we use backtesting and by having a mix of all those fours you can create a very profitable search for what basically what you're doing to make this money machine. Gotcha and so obviously with your personal account you're you're you're leveraging that you're you're shooting for bigger turns what's what's kind of the goal of your hedge fund from a volatility and performance standpoint. Personally, I think that a 6 to 1 Mar minimum 10% PCR and then I like to I'm saying you know kind of a 40% target just because depending on the VIX I'm doing Delta base trades which that can vary so I could basically hit that all the time and then targeting around a 5% max draw down. So those are basically the predominant returns that and my other thing like real return of funds like I'd love to basically empower people to have financial freedom because if you can make 40% a year you put a hundred grand in something that can down to 40% a year four years later you're going to be getting a hundred grand in income from it with that type of compounding and that is a massive life changer for people. Whereas I feel like there's a lack of integrity and motion to the financial spaces.   That's what I really want to bring to the financial space and this democratization of information and ability to have all these rules and regulations that these massive billion dollar Wall Street firms lobbied they're available to the common man now and there's a bunch of great ways out there you can harness it even through different assets other than a zero DT hedge fund also will let you take your 401k from a prior employer you could invest in private equity you could invest in you know people's life insurance policies that will never go up and down and by having all this ability out there and this getting monetized to smaller and smaller parties there's an absolute financial revolution that was lit off by 2020 but everyone I think is still just focused on the shiny objects of what's the next Nvidia what's the next chip stock what's the next game stock whereas if you can compound money at 20% a year and you can save 20% of your income no one should be working till after their 40 you know and like I'm proof of this like I was a construction worker making 60 grand a year and now you know I'm a hedge fund manager making over 10 times that didn't take that long it's not I'm not saying it was easy but there's a bunch of aspects of that where you could have other people look after your money and like the biggest example I give is if Apple sells a million iPhones and hits their you know earnings report the market votes that up and down what that multiple is they could say we can't get this interest rates go up and you're participating in this voting mechanism however if you were invested in some private equity firm you know as a limited partner you're not doing anything but some accountant comes in and they say okay everyone hit their earnings in your portfolio we assign a 5x multiple this and irregardless of what interest rates are what's going on in the economy that's not voted up and down and the thing is like that can suck because you don't go up 300% like Nvidia in a year but that massive compounding is huge you beneficial and then if you could take off 20% of your taxes on top of that which is your largest expense in life now you're actually on the path to wealth and that's my big thing with this whole navigation thing and other trading communities and whatever that is it's like you it's not trading options it's everything else around it that will actually get you there and it's that skill that's going to age in all regards of it and basically like I tell people is your goal should just be to get 20 grand a month notional you know which is dollars not necessarily a percent return that can vary for people and once you're there you're cooking with grease now you're really on that starting to be you know curve of giving your way to financial freedom. Yeah I couldn't agree more there's there's so many just life skills that come out of learning to trade options you know you're learning to take risk you're learning to manage risk you're learning to think in probabilities it makes you a faster decision maker and everything you do right because you know as traders we're like here we go got to make a decision right there's yeah there's you know sometimes you don't have time to ponder things if you're especially if you're trading zero DTE so I love that I love that conversation because I think it's so powerful it's not just about making money trading options there are so many more benefits that that bleed into other areas of your life that's just priceless going back going back to one thing you said so we didn't hit hit on this at the beginning and I wanted to talk a little bit about it but dude how do you how do you go from a construction worker to trading like what where is the bridge there what would happen. So like I'd always been interested in investing so right when I got out of college I was commuting a huge amount in the Bay Area I was doing like three hours a day so I was listening to stuff podcasts whatever on my way home and my dad had you know been trading options since the 80s when they were listed in the newspaper so I was always familiar to basically what options is but I tried to warn Buffett thing you know everything was just correlated to the SPX and like M2 so it doesn't matter that's too slow like you really want to say for 40 years yeah and then I had originally gotten into basically tractor supply companies and things that are too small for Walmart with real estate so I gotten into like bigger pockets I was making a big salary in the Bay Area living in a really small spot and saving a bunch of money and I basically could buy quad flexes with traditional loan terms and you could use the rent to basically get more debt and there wasn't competition from anyone big because they're competing with government finance debts to individuals and people with kids don't like living in quad flexes is their first home because it's not the most inviting place and it doesn't look very good. So basically what I would do is I would buy quad flexes in the nicest possible area could that were just bad like terrible and I'd use a bunch of debt to finance them through the government and then I would rent them out to section 8 tenants which are like all great people they need somewhere to live they have a house and goucher they're great tenants and like eviction rules are different and they'll basically pay you 15% of them above market rent in that area code. So basically by doing no value ad I could go from making four grand a month in rent to making seven grand a month in rent just from that you know conglomeration of it. So I did that for a while and then I was like real estate said I bought two properties. I was like dabbling in options a little bit. I was running you know a very involved 90 day gold oil TLT SPX Q's like profit take hedge thing and then I was going to get my refi out in like 2021 from my low interest rate home that boomed and I couldn't get this refi out basically from the home because I was living in San Francisco roommates and the way the government looks at it even I had four roommates I was paying for a grand a month for rent basically so I couldn't get any money out of that and I'd like told my boss. I was like hey I'm moving to Texas. I'm going to start trading. I had gotten a job offer to basically sell like commercial real estate is a consultant with a biotech firm for like 250 grand and I was like no I am trading options. Russia invades Ukraine my account tanks. I lose like you know 25% of that account from just ball going up in that one day when they took over the power plan is really what killed me I couldn't get my refi out while that happens I had bed bugs and like one of the apartment complexes. It was so dirty I couldn't even ensure it it spread everywhere all my tenants left my entire life savings wiped out to fix up these apartment complexes the money I had saved all went into the hat I couldn't get my refi my dad was getting sick during all this I made a mistake at work that may or may not have a fireball offense but I pulled them out of you know already leaving and I got fired and couldn't get unemployment and was stuck to San Francisco ran basically went from like thinking I'd have a million dollars to being 40 grand and credit card debt while this is happening as my dad had like some health problems too. I was obviously hard but at that point is when I really decided like I said I'm going to do this I'm going to follow through and this is all during the Tony Robbins thing and I basically grind it out not doing that well like all of you in there that may be new to trading options and I started to get more momentum I wasn't necessarily now I talked about this like it's good thing I wasn't a very happy person during that time and I basically got like a new remote you know intro levy level sales job in tech as all this happens making like 60 grand a year and I basically just worked all the time worked through that got momentum was able to sell these properties and that's basically you know the story of how I went from making 62 grand a million dollars in a year obviously my count like 30 X when I got you know apartment complex is worth of equity out during sale and was able to trade them but the thing is it's like having the enjoyment and the passion and the belief in yourself that it wasn't the money it was proving to yourself and instilling that certainty in yourself that you're able to do something like like that you know I'm saying and not giving up at that first notion or whatever and it's like I'm super glad that happy because I probably would have been really cocky and like living in Miami you know doing something that I wouldn't be proud of now if it was that easy so I really kind of look at that as the gift of all of it and going through that like putting your ass out on the line and business or relationship or friends or like there's some type of struggle in your life like that's really what you can hang your hat on as a person and it's going to be a part of you it's just all about giving a more empowering meaning to it and then it's like you can show up for people indefinitely better going in the future and you just walk different and you can notice that when you talk to other people in life now and that's basically like the path I'm on now and I've kind of focused like even though I'm in the zeros and money business I'm not going to pretend like making a bunch of money for myself or other people actually makes a difference it's what you're doing with that and making an intent for it as well and helping people that like frankly I kind of bet people that I may talk to the fund like I don't I don't really care if you just have money it's like I want to make sure like you're actually trying to do something with it or like you got some type of compelling future that you you want to use this for you I'm saying Wow that's that's a power that's such a powerful story man that I had when I when we spoke before I had I had no idea of that whole situation that happened but man in and so I mean just based on your depth of knowledge of how you're trading and and the sophistication of what you're doing versus what a lot of people are doing and you've only been really digging into this for three or four years right on the zero DG stuff. That's yeah I mean I mean that's really amazing. I mean it shows how committed you have really been for those few years. Yeah and the thing is it's all about tying it to something else but all the information is there and like I read a lot of literature that wasn't really applicable to trading zero DT but paid off in theory further down the road and I think a lot of people overestimate what they can do in a year or month and underestimate what they could do in a decade. So that's kind of yeah that's Tony Robbins saying isn't it. Yeah yeah yeah no I'm pulling quotes out here. Yeah no I've heard that for it. I couldn't remember if that was him. I think it is yeah. Yeah or the other one I like to and this is in general it's like you can you know you can fight for your limitations and keep them or you can you know fight for your possibilities and create them.  That's awesome. Well Mark I really appreciate your time. I mean I think so many people will really resonate or you know find value from your story and just from the knowledge that you've shared. So I really appreciate you coming on. Now you have your own podcast is that correct. Is that started or is that about to start. Yeah so I'm recording stuff. I think it's going to start with being more applicable to just people trading in general. So I'm building out my brand and presence and you know all things zero DT to be the predominant zero DT guys that's all going to be coming down the gambit here. If you you know follow me on LinkedIn or you know I'm going to have a more organized website here pretty soon to where you can sign up for newsletters and everything but I aspire to put out the mountain quality and integrity of your guys's information and that'll be coming out the game here. But if anyone wants to chat with me like I just love chat and options or things in general. So you know my website and VH capital management you can just schedule a call to just chat or whatever. I'm always happy to basically like look through someone's back testing or portfolio they're running and giving my time for free. I just like one on one personal things like this basically. So so MBH capital management is your is your company. What's the name of your podcast going to be. It's just we all about zero DZ options with Mark Anderson. So that's just awesome about 30 and then if you are in the navigation trading community is profile is just Mark Anderson so you can find him there. So man we appreciate I appreciate you having you as part of our community. You know I just I love connecting with smart people who are passionate about I mean not only trading but you know I mean your passion shows through and you know kind of wanting to just make this world a better place. I love that. So thank you so much for your time Mark. I appreciate coming on and I'd like to do it again. We're Steve I'll talk to you later. Appreciate so much sounds good.


Good morning, Cyber Traders! Welcome back on this lovely Wednesday. Lesson two days, I guess it's the third day for the end of summer. How's everybody doing? Good to see you, Grant. Good to see you. All right, Lawrence. Good to see you, Gene, Chuck, Nancy. All Cyber Traders. All right, so anyway, we've got a little bit of a runner this morning. Shockingly, we haven't seen a lot of those lately, but the the LCI has been doing pretty well. And, you know, we're going to talk a little bit about that. I'll tell you the truth. The list is really small. A list is really small. But I could just say that this stock right here alone really kind of more or less helped us out this morning. I told you this is going to happen two weeks ago. OK. And let me just fix something here and share it. And you can't see the screen right here. Let me just fix something over here. There we go. So regarding about preparing for this is perfectly normal. And it's good because, listen, there are sometimes that you need to take off, you know, and you could see in the cyber group room, a lot of people are on vacation.  It's perfectly normal. And you should. But you know what? If you've got nothing to do, I always tell everybody, the best trade is not to trade. And the only way not knowing when not to trade is to be in trading conditions like this. We did phase three, the past two days. And actually, we're doing really actually make a lot of money in our class in phase three. We'll talk about that regarding the metals. But before we do that, just really quick regarding about what's going on for this week, you know that we're going to continue with phase three with lessened with less than three and four. And then we have the open house that we always buy traders to come in. That's going to be tomorrow.  It's always nice to kind of, you know, to see how people don't understand trading and also make sure appreciate it. And also you always can use your support to kind of always recruit new traders always looking for that. But most importantly, guys, remember the phase four classes come up, the trading summit is coming up. So that is on September 10th to the 12th. So remember, we have the soiree on Tuesday. We've got two live trading days that are going to be on Wednesday and Thursday.  It is our biggest event of the year at Cybertree University.  Just make sure you got everything taken care of. All right. Now regarding about and if you can't make it, by the way, it is webcast. So you can always watch it or watch the webcast. Now regarding about what happened yesterday, the realistically, the only stock that I would probably brag about and say that we did pretty well is the SVM. You know, let me just bring that up there. Now, the SVM has been the metals has just been going unbelievable. Look, you got a 17,000 share buyer sitting already out there at at at four fifty to fifty three. Now, I bought several thousand shares of it. I was so nervous to buying yesterday because I chased it because this stock in July was literally two dollars and fifty cents. And I'm like, do I pay four twenty? You know, I think I pay four twenty five. I think I paid after I was done. We were watching in class.  And I'm like, do I buy it here? So what the hell, let me take a shot. So I think I put in a cyber group room.  I don't like to be in positions that are up this big. But we've seen what's been going on at the market overall. And it's not just this one, the SVM, another one. It's a little bit more expensive is Posh, the PAS, that all of them. Look, eleven dollars stock up to eighteen dollars. The what I liked about the SVM, just to let you know, let me just bring up the long term chart on this right here. Hold on, let me fix the time frame on this so you can see what I'm talking about. OK, so this stock, you could see back in the day where it was a big, big buy right around to the stock. They go to 16. So the stock had a big run up, came right back down where it started. It looks like it's breaking these resistance levels right around here, which I'm going to be focused on, which is the support levels right here. But it does break the stock. I mean, it could run to like six, fifty, seven, eight dollars. But this stock was not more of a day trade. This stock was more geared as a swing trade. Remember when we talked about yesterday, because a lot of you guys have been asking me, hey, Faust, when are you ready to do some swing trading?   I mean, it's all over the place. So, you know, with all these tariff wars and these tweets and everything, it's great for day trading, you know, but you could trade ETFs. I think we were more of a fan of trading ETFs because they more trade the market. But overall, if you're getting a good deal on the stock, then, you know, then, you know, I said, hey, go for it. And they stole the metals. I mean, great, you must be doing great. You must love it. I mean, a lot of gold stocks are doing phenomenal out there. Nugget all of them. But I can't really this right here, that high right there, which is pretty much almost there is what I'm a little concerned about. But look at the level three, a 17,000 share buyer out there. I didn't see that all day yesterday. That's a pretty substantial buyer. So what it traders, what do we learn? What do we learn to hear? Just we talked about in in in class, how to stocks go up and go down. Everybody. How does everything that how to stocks go up and go down? Everyone wants to chat this in. That's it. Just write S and D, S and D, S and D, but supplying demand. Buyers and sellers, buyers and just keep it super simple. Buyers and sellers, all right?  Keep things very simple. So metals. Listen, there's a lot of the ones out there. You can look at like nugget. I mean, look at that 15 to 43. I mean, you know, the old and then is you can also short the other ones. The other ones also took big hits, too. But all the metals are doing great. You know, gold, gold's doing really well. Bookmat says on VM, let me, I mean, on level four. It's the guy level four. All right, look right there, look at all the buyers out here. And you got a big ball right there. It means that there's a big buying going on. So yeah, there is a 17,000 share right there and there's a little bit more. So I don't see anything. Look, there's no sellers out there. There's no sellers out there. So is it ever too late to buy a stock that's going up? Is it ever too late? Junior gold miners are doing well to grant. There you go. Listen, that that's the beauty about being here in the cyber group room. We all get to share our ideas. That's the whole idea. It's not about teaching you how to make money. It's about teaching you how to stop losing it. You guys have to work together. And that's what it's all about. Not until it reverses, Wayne. That's right. All right, so let's talk about some other stocks because I want to get ready because I got phase three and I got the students that are in there and I want to be able to get ready in there. So we got posh also that's moving pretty nicely. That that is another another metal stock right there. It looks like it's breaking some of the last year's resistance levels. So that one looks pretty good DPW. I don't know what happened to this stock, but I had a huge rally this morning and is that even possible? OK, so this stock had reverse stock split at the reverse stock split at the reverse stock split. OK, so this stock was, you know, wasn't technically a $500 stock. It just had so many reverse stock splits and it kept going to 40, 40, 500 to think tank. So, guys, you traded the stock, you know very well, go back to your journals, which is what we which I was highly stressing in phase three. And this is what's important about your journals that we gave you in class so you can go back and say, that's right, we did trade that stock. How did I do on it? What did I write back then? Let me go see. So I know what happened back then. So how do I trade it? Was there a lot of shakes? Was it an easy stock to trade? Was there a lot of iceberg orders out there?  But even though the stock is down right now from the highs from 560 to 430, knowing that we traded it before, you got to go back to your journals and check it out. Ben says the DPW holding estimates that total approximately two million dollars. All right.  Is it bad? It's all about what the street has to react to it. And that's how we do. But, you know, like I said, you can drive yourself crazy trying to figure that one out. But, you know, that's the news.  And that's the other thing. Like, you know, like people ask me, why all the metals going up? What? I mean, listen, I'm not an analyst. And I never pretend to be. All right. I could, I could, I could read news. I get an idea, but I'm never going to pretend to say, oh, that's great news. That's not, it's not great news. It's great for them. And then I just follow their lead. And then the last one I want to finish off is with the LCI. So we had a nice little push in the morning at 8 o'clock this morning. We had the stock in the watch list, the morning watch list. So some of you guys did pretty well on that one. The big goal is this. Take the money. All right. I always tell you that. Take the money and run. Here is not about how much money more can I make. It's about did I make my days pay? Because a lot of you guys could have called the quits and could have finished your days pay. When it, when it tested that resistance levels right around 8, 8.50, should have got out probably about there. And also you can see all the orders out there just plumbing away. Let me see. Let me go back here. You can see this, like a 3,000 share order, 2,400. Not a lot of buyers. So next biggest buyer is down to 8.15 down to level three. So that's pretty much where you're at. I mean, I'm looking over here on level four.  Yeah, right around the 8.64, 8.65. So that kind of makes sense. You can see that they've been sitting there all day. So I don't know how much more you need to kind of like have someone spill the beans, but they've been out there that whole time. Remember, follow the money, guys. All right, so let's get ready for class for some of you that are my gold and platinum and diamond students. So let's get ready for that. I'll see you in the room. I know the room's open right now. In the meantime, if you want to know more about being a student, like I said, talk to education advisor and all you trial members here. Hopefully you've been enjoying your week.  I know we got a couple earnings coming out, so we'll keep an eye on those on some companies after hours. Good luck, everybody. See you in class.


We're here at the U-Co and you have some new VR solutions. Yeah, hello everybody, I'm William. Nice to meet you again. I'm the project manager of the U-Co technology company. Yeah, and today I want to show you a lot of our VRs. Last time I just showed you our PCBA about the 3399 and the 3299, 888. And this time it is almost ready and we have the samples and we can ship to everybody. This is 3399, 64-bit X-ACOR, duals A72 and quad A53. In your face directly with a 2K display. Yeah, with 2K display. It's very good LCD. 5.5 inch, 2560, 1440. And it's running a neat B-ROO OS. But you also have U-Zone OS. It's both based on the Android 5.1. And Libido can use it in China and it also can use the overseas. And you can download every 3D videos and any play games on that. And it is very convenient for customers to use it. And all the UI is controlled here? Yeah, all the UI. You do this? We have a lot of buttons. Cancer, power, voice up, voice down, and menu. And this side we have both front, back, up and down. Can you do the same as HTC Vive where you have all the sensors in the room and use your hand and controller? Yeah, we have Bluetooth controller. But we can control the games and we can still mode our hand to control the up and down, to control the games. Yeah, it's almost the same as HTC. You know, HTC is much, much expensive. And also it is not suited for everybody. It's $2,000. We need a PC and HTC Vive and blah, blah, blah, blah, blah. Yeah, almost $5,000. But there's no sensor in the room. You cannot have sensor in the room. Only... Oh yeah, we can also have sensor on the room. But only we can use the Bluetooth and use the mobile overhead to control the games. Nice. And then you have a 3288 also? Yeah, we have 3288. And it is much more cheaper. But it is better enough for our customers to use it. So the 3309 has a T860 super powerful GPU. And the 3288 has T764. That's a couple years. For this project, we use the 5.5 for HD and LCD. All right, they're both 5.5, but this one is 2K. The other one, 1080p. And what's the difference in price of those two? OK. This is the best one, VR. But the price is $150. And this is much more cheaper. And this is RK3, 288. It costs just $33. How much did you say? $93? $93. $93. $93. And $33 would be a very good discount. OK, this one is our 3D video play games. And the chipset is RK3126. This one right here is a 3126 quad core A7 with money $400. Much more cheaper. $720p. Yeah, it is just to cost $48 for this one. Does it also have a G-sensor, accelerometer, everything? Oh, no, without a G-sensor. Without a G-sensor? Oh, yeah, with a G-sensor. And one GB, eight GB. So this is a more basic one, but $720p, and it's how much did you say? $48. $48. And the price you say is for how many pieces? $1,000. OK, our MOQ is $1,000. $1,000. And you can put the brands for people and everything, whatever you want. And what if people want even cheaper one? If they need a cheaper one, we can give you some options. This is a very, very cheap one. It's just to cost $2. Yeah, $2 only. You can use your mobile. Put your mobile on it, and that will be VR. Just the same as Daydream. You know Daydream? And you have the Daydream. It's just a VR 3D box. It is very convenient, and you can see 3D videos, and you can play games too. And it is very convenient to the customers who put it on your pocket, just like that. You can put it on your pocket, and you can take it everywhere where you want. Yeah, it is very, very convenient. And it is very nice, just to cost $68G. You know? $68G, what? Do you want to answer the phone? No. OK, that's OK. How about this one? Can we try this one? OK. And this phone is our X2. X2 is much better than X1, because the light can come out when you see the movies. The night can capture. Yeah, and that will be better. Can you close it and show me? Yeah, I can close it. That will be more convenient too. It is the same as the X1. And you can put it on your pocket too, and it is very convenient. Do you like this design? Your company? Yeah, we design it. Cool. So it's a compressed system that just compresses and decompresses. Yeah. It's a VR like this. Cool. And you can see the PCB is right here. This is the 3399. Can you do 4GB RAM? Yeah, we can do 4GB RAM. 4GB plus 64. Can you do 8GB RAM? 16GB RAM? 8GB. I'm not a memory. I cannot do 8GB right now. But the flash can up to 64 or 128. It's OK too. And then this one? This one is our 6288 chipset. 3288, yeah. That's 3288. And what is this? Oh, that is our design. Right now, when we wear the VR, it is very, very heavy. And our loss is not convenient, not super. And we design for this one. And we can wear it on just like a hat. That will be more suitable for your loss. So the VR can go in here? Yeah. VR will connect something like this. And your loss will be more suitable. And you will feel more suitable when you use it more time. That's just half an hour, one hour, two hours. Nice. So the 3399 is mass production VR ready. Yes. But you're shipping samples now. But how soon is maybe a big customer will buy many, many? Yeah. It's already just waiting for the orders. And RMQ is 1,000. And we just take part in the Hong Kong autumn sphere. HTC sphere? Yeah, HTC sphere. And a lot of customers understood our 399 VR. But we cannot sell it because we need to show a lot of other customers. We can send samples and we can send the 399 VR right now. And this week we will send a lot of samples to the potential customer. Yeah, potential customer.


Time here for more systems. It is August of 2022 and TrueNAS Core 13U2 has been released, so has TrueNAS Scale 22.02.3. The dev teams at TrueNAS have been quite busy. This is a lot maintaining two of these, but they seem to be doing a good job of it, closing bugs, adding features, keeping the roadmap going forward for both products. I know a lot of people thought with the introduction of Scale, TrueNAS Core was going away. Well, it doesn't appear to be, and I didn't expect it to be. Kind of the little background on that is we are a TrueNAS reseller and IAC systems reseller of their hardware, and that hardware comes with support contracts. So support contracts are for multiple years that guarantees that the money that comes in these support contracts that are from selling your hardware that goes into the development of the free and open source TrueNAS product line will be updated both for core and scale. That's kind of the business model and how all this works. Don't worry, you don't have to buy a system for either one of these. There's no license fees. This is still open source and free, which was also a concern when people seen some of the name changes. That being said, we're going to talk about some of the changes in TrueNAS Core 13 and TrueNAS Scale 22.02.3. But before we dive into the details of the video, let's first. Are you an individual or company looking for support on a network engineering, storage, or virtualization project? Is your company or internal IT team looking for someone to proactively monitor your system security or offer strategic guidance to keep your IT systems operating smoothly? Not only would we love to help consulting your project, we also offer fully managed or co-managed IT service plans for businesses in need of IT administration or IT teams in need of additional support. With our expert install team, we can also assist you with all of your structure, cabling, and Wi-Fi planning projects. If any of this piques your interest, fill out our Hire Us form at laurancesystems.com so we can start crafting a solution that works for you. If you're not interested in Hire Us but you're looking for other ways you want to support this channel, there's affiliate links down below to get your deals and discounts on products and services we talk about on this channel. And now back to our content. All right, we're going to start with the TrueNAS Scale 22.02.3 release. There's a lot of changes, but first, I think something that I want to remind people of, scale is developed as an appliance that uses specific Linux packages with each release. Attempting to update scale with app or other methods other than scale web interface can result in a non-functional system. I can completely attest to that as someone who was curious what would happen and ended up with a non-functional system. On that note, I do not have a TrueNAS Scale system updated to this version because playing around with some of the things in TrueNAS Scale, I was able to break a few things. So I have to reload that particular system, but I'm going to do a upcoming video kind of getting started with TrueNAS Scale because it's gotten a lot better than it was when I first initially played with it. Performance issues aside, the ability to have such a large catalog of apps is actually really cool and, you know, popular use case for this. So I'll be diving into that in the future. But for now, the list here, though, of improvements, there's a handful of little things, but they're not groundbreaking. They did not address yet that I can tell any of the performance issues I had brought up previously with it, but the performance issues may not be that big of a deal to you and your use case, especially if you're just looking at a lot of the app usage on there. When it comes to the bug list, though, wow, there is just a lot. Now, one particular thing in this list is this right here. Snapshots not deleted after specified lifetime expires. There are conditions that will cause this. I've had a few people comment on this. It doesn't seem to do it from a fresh load, but if there's certain conditions met, and they're noted in the bug there, that will cause a system to fill up. And I had a few people, I think it was a couple forum posts I had seen and people tagging me that said this was one of the problems where it will just kind of keep running away with the snapshots and not properly deleting them. But that has been fixed. That's one of them that stood out, but there's a lot of other little details in here that are, well, quite important. So they spent a lot of time basically debugging this version. So I'm ready to start with it again. I'm going to reload the system that I broke before. I kind of just have it set aside, but I'll be doing it, like I said, a deeper dive on that soon. Now for two days, core 13, you too. Now this is their software release cycle. And I want to point out you one was suitable for business use, release, general use, just when it hits this right here and says release, but you two plus essentially, we're at you two and all the updates beyond larger systems suitable for higher uptime deployments. And they have some of their release schedules, obviously the next one is going to be you three. I have been testing this internally, I updated some of our systems. Well, it just came out today, August 30th of 2022. So the testing I've done so far has been limited, but has gone well. Now, one thing to note here is this right here, due to a bug upstream network driver causing data corruption of ice, because he's sharing two and a half gig real card nicks are unsupported and 13 you too. Now I think this is an important thing. Free BSD and real tech have not always been the best of friends. I generally try to avoid both Broadcom and real tech cards on doing builds. They just seem to be problematic. The Intel and Melanox cards I've just had, well, way better luck with I guess you could say because it is certainly unlucky having a two and a half gig card that you're hoping to handle ice because he caused ice because he corruption, not the biggest fan of two and a half gig for the price, the 10 gigs aren't substantially more, but you got to do what you got to do with the devices you have. But I would just go 10 gig if I was going to set up ice because he anyways, and I generally as I said, avoid real tech and that goes the same for PF sense being built on BSD as well. There are some over the years bugs that have come up in some of the real tech drivers with BSD nature of things scale being on Linux probably has better driver support for it. I didn't see any particular notes about real tech cards in there. Coming down here to what did they change? Well, the one thing about your next core is it's very stable. It is very business oriented in terms of just being a dedicated storage server. So there's not a major amount of improvements on here. These are all small incremental improvements, which is what people want in their storage target when they're using it for let's say a hypervisor or some intense database sharing application where you're just using it for storage, not loading applications. So there's not a lot of changes that come in here, but they did do some updates to the community plugins to get them to the latest version. So they're pulling off of BSD 13. There's a lot of little bugs that are in here. Obviously the big scary one if you're using real tech would be iSCSI data corruption with real tech. So there's clearly a condition there that is very problematic, but everything else in here pretty straightforward, just a lot of little things to be fixed in here. Now the one thing that is also in here is an update to next cloud. Next cloud is probably one of the better applications that do still have good support in running it inside of IOCage, but I did notice this in a notes net cloud issue could not be reproduced recommend users migrating to scale which provides a better experience when running applications. I thought it was interesting that they put that in here and it's kind of signaling that there's not the best maintenance on some of the IOCage packages. So that is something to keep into consideration. As I said at the beginning, TrueNet scale is going to be way more application centric and better supported. And to see this kind of officially inter documentation, if you're looking for a better experience because you're having some of the problems on there, then yes, you may want to look at using scale. Now seeing that did not stop me from well being curious and seeing if it would install. So here is my TrueNash 13 U2. We're going to go over here to the plugins. And I have a next cloud instance that I set up just today, just built this, got it configured. And it works perfectly fine. Well, works perfectly fine unless your goal is to use the next cloud office combined with the collaborate online built in code server. This is designed only to work in a Linux environment and not a BSD jail. So while next cloud does work and install there is at least this particular feature, maybe others, but this one I know is a popular one that will not work if you use this on TrueNash core. And of course, this brings us back to the question of which platform do you go with TrueNash scale or TrueNash core? TrueNash scale, way better application support, more diverse application support, more up to date applications. TrueNash core, well, it's the dependable BSD system that I use for a lot of enterprise storage solutions that just don't need applications. This is a storage target device such as a target for your virtualization, a target for a NAS where you have many people sharing files off of it, but no other applications directly running on it. So ultimately, those are, you know, the diversions we're going to see in these two different products where one is really focused on that storage performance and that's your core and it's been around for a while. But hey, I'm all for TrueNash scale and the application support because there's a lot of efficiency to be gained by having, well, everything run is close to your storage as possible. So as that platform progresses and TrueNash scale gets it to be a more mature product, it can be a good choice to, you know, consolidate everything and have all those fancy Docker things running on that links to the different notes that I talked about down below. Links to my tutorials on TrueNash and permissions and all the other questions that people frequently ask. 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