The Chris Voss Show - The Chris Voss Show Podcast – Dr. Rolf Haag, SPXGODFATHER, Shares His Stock Market Trading Secrets

Starting point is 00:00:00 You wanted the best. You've got the best podcast. The hottest podcast in the world. The Chris Voss Show. The preeminent podcast with guests so smart you may experience serious brain bleed. The CEOs, authors, thought leaders, visionaries, and motivators. Get ready. Get ready. Strap yourself in. Keep your hands, arms, and legs inside the vehicle at all times, because you're about to go on a monster education roller coaster with your brain. Now, here's your host, Chris Voss. Hi, folks. It's Voss here from thechrissvossshow.com. There you go, ladies and gentlemen. Welcome to the show. We certainly appreciate you guys coming by. As always, the Chris Voss Show is a family that loves you but doesn't judge you,

Starting point is 00:00:49 at least not as harshly as your mother-in-law does as well. Be sure to check out our recent interview with Silicon Valley tech billionaire. That was about two weeks ago, and that was her fourth billionaire we've had on the show. Be sure to check that out as well. As always, we have some of the most amazing people on the show. Be sure to check that out as well. As always, we have some of the most amazing people on the show today. We have a returning guest on the show with us, Rolf Haag. He is also known as the SPX Godfather, and it's his second return to the show. Dr. Rolf was educated and raised in Germany. He did his bachelor, master, PhD in Frankfurt, Germany. He did his bachelor master PhD in Frankfurt, Germany. In 1997, he moved to the USA

Starting point is 00:01:26 and in 2008, he became a U.S. citizen, all while continuing to maintain his German citizenship. Rolf was the president and CEO and board member of three large automotive supplier companies over the last 30 years. After a successful career, he followed his passion, which is to make money with money. And for the past several years, he's worked as a full-time trader with a passion to educate and mentor traders. His goal is to educate his traders to become more successful and have a process and strategy to follow. Welcome to the show, Dr. Rolf Haag. How are you? Yes, Chris. Thanks for having me again. Thanks for coming back. We really appreciate it.

Starting point is 00:02:08 Yes, yes. I really do. I really do enjoy talking to you, and it's a great platform. I mean, I follow you all and look at the other podcasts, and you always have very interesting characters.

Starting point is 00:02:21 Don't we, though? On the show. And now we have you. So, again, for the second time. So give us your dot coms. Where do you want people to find you on the interwebs? Yeah, so it's pretty simple. So my website is spxgodfather.com.

Starting point is 00:02:36 And on all social media, like TikTok, Instagram, Facebook, YouTube, it's just spx at SBX Godfather. So on Twitter, I have two. I have at SBX Godfather for my subscribers. And then I have a public one, which is SBX Godfather underline two. This is my public Twitter where I also share, you know, traits in the morning and certain levels so this is where you can find me or tonight you can find me on the chris voss show there you go

Starting point is 00:03:12 on the chris voss show give us a 30 000 overview of what you want to talk about today and and let's chat about it yeah so the the journey began in a little town in Germany. I'm born and raised in Germany. You already mentioned it. I went to school. And, you know, in Germany, the education system is a little bit different. Before or after you are done with high school, you really have to learn a job. And I did a three-year application as a toolmaker. So I went through the toolmaker process, then i went to college did my degrees and then

Starting point is 00:03:46 i started in the automotive supplier arena in 97 i moved to the us with a big english supplier company and then you know i made my way over like 20 years in three different companies to president ceo and board member so i always had a passion for like three things, which is one is building a company, two is making money, and three is working with people because you are only as good SEO as your people are. Very true.

Starting point is 00:04:18 I did this all over my career. And then in 2018, I pre-retired, but I was still too young to just do nothing so I said okay what what do I really like to do and I just mentioned the three things that I like to do and then I started just day trading and I you know I did what everybody else was doing Tesla, Amazon, Netflix and and and but it all it's all nice when everything goes up, up, up, up, up. But when he goes up and down, down, down, down, up, up, you don't know what to sell, what to buy, what to keep. And then you basically lose money. So I said, I want to be the best I can be in just one thing. If you look at all professional sports athletes, I mean, starting

Starting point is 00:05:03 with Michael Jordan, with Muhammad Ali, with, with Lionael jordan with muhammad ali with with lionel messi with ronaldo they are only good in one thing and that one thing is one sports they don't want to be okay good in a lot of things they want to be really really good at one thing so i decided you know what i want to be the best i can be trading the s&P 500 index as options. And then I get so good at it, I started my company, SBX Godfather LLC, and now I have like 200 subscribers in my service. We meet every morning live. And when I say live, I mean just what we are doing.

Starting point is 00:05:41 I use Zoom technology. You see me, you hear me, but most important, I'm sharing my screen. I'm sharing my screen and you can see what I do. And for me, it's always important to understand the why and not only what I'm doing. And I share all my indicators. I share what I see. I'm 80, 90% right. I'm 10-20% not right. But it's still a very good ratio. And in this business, it's not

Starting point is 00:06:12 about how much money you make. It's how much money you don't lose in the next trade. That's the important thing that you keep your losses down to a minimum because normally when you have a winner, we all like to cut the winners and let the losers run

Starting point is 00:06:30 because the loser, we always hope it comes back, it comes back, it comes back. Most of the time, it doesn't. So you got to cut it loose. You have to regroup and wait for the next A-plus setup. There you go. And do you run on options or do you run on splits or do you run on normal buying and selling?

Starting point is 00:06:49 Yeah, normally what I do, you know, in my world, everything that is simple is genius. Sometimes people overcomplicate things. And I just do simple puts and calls. You know, I buy to open and I sell to close. Very simple puts and calls you know i buy to open and i sell to close very simple puts and calls put is when you anticipate that the market goes down a call is when you anticipate the market goes up and i'm looking at three major indicators one is the futures the other one is the us dollar and the third one is the premium and within the the futures you know i have seven resistance levels up seven support levels down and i look at the

Starting point is 00:07:33 volume profile and when everything points in one direction i tell my guys okay this is a plus setup for this and this a put or a call so i tell you i cannot tell you what you should do but i can tell you what what i'm doing because i'm not a financial advisor but i like to help people and educate people you know how to trade the s&p 500 and i'm only doing this so i always have one trade open you know i buy to open and I sell to close. The best trades are between two and seven minutes. And, you know, you make every trade, you make $1,000. You make this a couple of times per day.

Starting point is 00:08:16 And that is a pretty good gig for two, three, four hours in front of your laptop and hanging out with your dog and looking outside to the beautiful weather in michigan so it's it's not a bad it's not a bad setup yeah there you go and i love how you know people can go in with you and you host i think you host some of this live on tiktok and youtube yeah i mean it's not on tiktok i i hosted live it live in my trading room. So when you go in, you have your credentials. You go in my trading room, spxgodfather.com. You go to trading room. You click.

Starting point is 00:08:54 And then on the right side, you see SPX Godfather channel. Join now. And then you click on it. And then another window opens up like you have. And then you are in my Zoom room like you have and then you are in in my zoom room where you see me you hear me but most importantly i share my screen you know sometimes i do like a video on on youtube or on instagram or on on as well you know where you actually see me trading trading life the and being able to see you do the activity, you know,

Starting point is 00:09:27 works so much better than, you know, having, you know, classroom instruction. You're like, how does this work and how does it apply in the real thing? There you go. I mean, sorry to interrupt. And so I think it makes all the difference. I've seen the videos of what you do and how you do it and all the work that you do. And, yeah, it's really cool where everyone can jump on there and see it.

Starting point is 00:09:48 Yeah. See, most services, they have chat rooms, so they type. And there is always a delay in typing. Oh, yeah. And the S&P 500 moves like crazy. So five to eight seconds is a lot. It can move a dollar up or down very very easy so when you are live i can always tell you what i'm doing before i actually do it you know but you see the good the bad and the ugly

Starting point is 00:10:15 because i always have one trade open so you see all my emotions you see everything i do you know i cannot hide it because i'm right there in front of your camera but in general I'm pretty relaxed because I know if you if you have to believe in the system and I always tell my my new subscribers you know if I buy 10 contracts don't do that buy one contract go very slow put $500 in take 600 out put $700 in put 800 $600 out. Put $700 in, put $800, take out. So always make $100 per contract. And when you get to a certain level, then you buy 10 contracts. Then you put $5,000 in, you take $6,000 out.

Starting point is 00:10:56 You made $1,000 between two and seven minutes. And then you wait for the next setup. It sounds pretty easy, but it's not. I mean, nine out of 10 S&P 500 traders are failing. then you wait for the next setup. It sounds pretty easy, but it's not. I mean, nine out of 10 S&P 500 traders are failing. That's just fact because they don't have the right setup. They don't have the right guidance. They make things too complicated.

Starting point is 00:11:21 You know, when you have profit, boom, you take it. And then you have to keep your losers on the small side that's really the entire secret because to make money in this business it's not it's not it's not that big of a deal but not to lose it in the next trade that is the big deal most definitely most definitely so as i look over your website there's basically your trading rooms your reviews your videos press what have we talked about today that you want to cover so today was very interesting because today was powell okay the feds oh yeah a lot of people think that the stock market reacts to political events like what Biden does or what Trump does. Not really. It all depends on the Federal Reserve. And today was another Federal Reserve meeting yesterday. And today they published the results. So they are not reducing, but they are also not increasing. The rates going forward, which is good.

Starting point is 00:12:27 And we most likely have three reductions of the interest rate between now and the end of the year. So that was very positive for the market. And that meant the market went up like crazy. Like this morning, you know, we opened the market. I had two puts, put and a put. And then I said, wow, I think we have a pivot point here. The market goes up. And when Powell speaks, so there is a certain schedule at two o'clock.

Starting point is 00:12:58 They publish what they have been talking about in the last two days. And that makes the market move a little bit. But then at 2.30 is the press conference with Powell. So this is where all the smart guys ask the questions and they try to corner him a little bit. And, you know, with a little bit of a nuance, Powell can move the market up or down like crazy. He can sneeze and wreck the market if he wants.

Starting point is 00:13:28 Yes. I mean, sometimes when they say a critical question and he just goes like this, that is a negative, boom, the market goes down. So he is the most powerful guy in the U.S. when it comes to the market. And this was a very interesting day today because normally I do 10 contracts at a time in my last four trades. I said, guys, I'm really not sure what's going to happen. I believe we go up, but 80% I'm right, 20% I'm wrong. Today I was super right because we went up, up, up, up, up like crazy. And I think we even may hit on the futures.

Starting point is 00:14:08 We have the high of day. I think we met 53,000 in the futures and the SPX had a record day as well today. So for the stock market today was very, very good. Yeah. And then these are events that you have to really have on your radar screen you know when is Powell speaking like Japan for example the Bank of Japan had rate increases this this week the first time in 17 years they never increased the rates this year this this week they decided they wanted to one increase increase. That never happened.

Starting point is 00:14:46 So these things, what happened on a macro political event you have to have on your radar screen, you know, like the UK is definitely in a recession. Japan is definitely in a recession. But on the other side, the US stock market is doing pretty good. Sometimes people try to make sense. Why is everything good? Sometimes you have political events that are bad, but they are actually good for the stock market. And the other way around, sometimes you have great events, but that is actually bad for the stock market.

Starting point is 00:15:22 So it's not always that easy to explain why we go up or why we go down. You know, you really have to have these events in your focus and communicate it correctly to your teammates in the morning that they don't get caught on the wrong side of the trade. Definitely. You don't want to get caught on the wrong side of the trade. Now, what's interesting is, yeah, I lived with a mortgage company for 20 years that I owned. And basically, you know, the Alan Greenspan could ruin my day or make my day. And so I'd have to spend my life trying to predict what he was doing and understand the economy at an M1, M2 money level like he would. And it has huge effects on the market because, you know, they control the price of credit, the price of money, the value of money, what the future of the economy is going.

Starting point is 00:16:08 They can affect the future economy. Hell, I mean, the Federal Reserve can do stuff and wipe out small countries that don't have good Federal Reserves. What do you think about what they decided to do? They decided to maintain and hold interest rates steady, and they still are saying they're going to have three rate cuts this year, which is kind of interesting because this is a pretty powerful stock market. Yeah. I mean, the Fed started a couple of years ago to increase the rates because the inflation was out of control. I think 8%, 9% inflation we had. And now it comes back to three, if you believe the numbers.

Starting point is 00:16:50 You know, they always publish numbers, and then a week they correct the numbers, because there was some kind of a mistake. So you always have to take these numbers with a grain of salt. They are not always correct, but the tendency right now is down, and the goal is 2%. I think Powell wants to get very fast to 2.5% and then stabilize it. That means the price is under control. People are not spending like drunken sailors.

Starting point is 00:17:20 They keep the money. And when the money comes less expensive, then people can go back and buy homes. They can invest in the stock market, you know, and that drives the stock market up. There is only two things that really drive the market up. One is news and the other one is money. Wherever is liquidity, this is where the money goes. That's why it's really important, especially if you trade the futures or the S&P 500 to have the right setup.

Starting point is 00:17:50 A lot of people that trade are looking at lagging indicators. You know, like there's a lot of lagging indicators and they try to make sense out of the lagging indicators looking forward. This is like throwing spaghetti against the wall and you hope something sticks. You know, I like to look at the leading indicators and the leading indicators is number one, the futures. I mean, it already says it, the futures, they look in the future, the futures. If you learn how to read the premiums and then the U.S. dollar. How the U.S. dollar goes up, that means the futures go down and vice versa. So if you understand how they work together, you can make a very educated decision. Is the market now going up or down?

Starting point is 00:18:39 And when I go into a trade, for example, I always tell my guys, I don't care what happens in an hour, in two hours or at four o'clock. I only care what happens in the next two to seven minutes. So my setup is you go in, you make money, you go out. Because if you stay too long and you,

Starting point is 00:18:59 oh, everything goes up, up, up, up, up, and all of a sudden the market comes down, you know,

Starting point is 00:19:04 you only make money on paper. It only counts when you buy and you actually sell. When you haven't sold anything, you only made money on paper. It's not real. You need to buy and you need to sell. There you go. Definitely makes all the difference in the world there. What else do you have going on with SPX Godfather that people should know about we haven't talked about?

Starting point is 00:19:27 First of all, I have a gift for you and for your listeners. You know, I always say, and you have to ask this every service, I can tell you whatever I want. You know, but I want you to see it. To see it and to believe it. So I'm giving out free day passes. And if you go to the website or if you type in SBXGodfather forward slash free day pass, it's one word, you know, you fill out the form and I will send you a link to a free day trading session with me and 170, 180 people as well.

Starting point is 00:20:07 It's always important for me. I said, before you make a decision to join my service, I really want you to see it. Some people say, nah, I don't need to see it. I know I have so many friends in your trading group. I don't need to see it. Okay, that's fine. That's a very nice compliment. But people that don't know me, I said, go to my website, check me out,

Starting point is 00:20:31 go to my LinkedIn. You also see me on LinkedIn, all my history back to school. But I really want you to see it, what we do. And a lot of people love it. They it they make money and there is some people that say oh my god i have no clue what you talk about so then i'm not the right guy i see myself as a specialty nba coach you know i i take an nba player that is already at a good level and make him better in one particular area and this particular area is the S&P 500 index as options you know I don't take a high school player and try to get him in the NBA that takes me five years to get even there and I say guys if and I'm very honest with you know because I don't want to mislead somebody and I said what if you don't know what a put can a call and a strike and dspx what that means my service is

Starting point is 00:21:27 really not for you because there is a lot of good educational stuff on youtube all over the place you know i expect that you at least have a couple of years experience and to want to fine-tune it where you make consistently money that's my goal i don't want you to be frustrated and then quit quit with me after a week that's not my goal you know there is a lot of services that they are really great till you sign up and then you never hear from them again i'm i'm totally different you know i want you to make money i I know every of my team members by name. I know most of the time, at least in what state they are. You know, when somebody wants a free day pass and wants to talk to me, I personally call them back. And I just had, just before we started,

Starting point is 00:22:20 Chris, I had a gentleman that was inquiring and he couldn't believe that it's really me he said normally some sales guy calls me back that want to to sell the monthly package but they cannot answer any question so that is also my personal it's a very personal service you know I don't have thousands of members I have 200 members so I'm still able to do that sometimes my wife says you are crazy you know doing all of that thing but you know what i enjoy it i like it i like when people make money and i like to make them better and that's just a part you know what i do for a living and i just do enjoy it but again if you go to sbxgodfather.com forward slash free day pass one word and i will send you a free day pass whatever day you like so you can you can really see it

Starting point is 00:23:14 what we do every day there you go it sounds awesome and i know you got a great response from people on the last time you showed up on the show. Any final thoughts as we go out? Say it again, please. Any final thoughts or pitch people on how to onboard with you, reach out to you, and learn more about your services and what you do? Again, the best, easiest way is on my website, spxgodfather.com. And then on all social media channels, it's at spxgodfather. You can always contact me, send me a direct message, sbxgodfather.com forward slash free day pass.

Starting point is 00:23:53 I give you a free day pass. And I'm very keen on the educational part. I really put a lot of effort helping everybody. For example, like I use Thinkorswim as a trading platform, which is the best in my eyes. I also help every new trader or even some people that are with me to set it up because it can be very overwhelming at the beginning, but that is all included.

Starting point is 00:24:19 That doesn't cost anything. You go to my website, Calendly. You schedule a day and a time, and then we meet in Zoom. I share my screen, and then I help you to set everything up exactly the way I have it. And every morning, you know, in Think or Swim, you can what's called share your workspace. So there is a link, and I put it into the trading room and then you basically cut and paste it into your setup. And then your screen looks exactly like my screen. I mean, that's always my goal that you understand why I'm doing something and not only what I'm doing.

Starting point is 00:24:59 There you go. It's been wonderful to have you on again and good to see you. And give us your dot com one last time as we go out. We like to bookend that at the end. Yeah, so spxgodfather.com forward slash free day pass. This is where you can contact me if you would like to have a free day pass and see the magic life. There you go. Thank you very much for coming on.

Starting point is 00:25:25 Thanks to my audience for tuning in. Go to goodreads.com, 4chesschrisfuss, linkedin.com, 4chesschrisfuss, chrisfuss1, the TikTokity, and all those crazy places on the internet.

Starting point is 00:25:33 Thanks for tuning in. Be good to each other. Stay safe. And we'll see you guys next time.

The Chris Voss Show - The Chris Voss Show Podcast – Dr. Rolf Haag, SPXGODFATHER, Shares His Stock Market Trading Secrets

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