I Want To Quit This Show | Financial Audit

Caleb Hammer

Caleb Hammer

51 min, 51 sec

Dr. Raxo discusses his financial situation, career, and life choices with the host.

Summary

  • Dr. Raxo, a 24-year-old from Austin, Texas, presents himself as a financial advisor with a focus on astrology.
  • He shares his past success in crypto trading, turning $40,000 into $500,000, but eventually losing nearly all of it.
  • Raxo discusses his reliance on stimulants for trading due to ADHD and the subsequent loss after stopping them.
  • The host critiques Raxo's lack of a solid plan for financial recovery and his irresponsible approach to money management.
  • Raxo promotes Rocket Money as a financial tool and expresses a desire to start producing content on YouTube.

Chapter 1

Introduction and Background

0:00 - 37 sec

Dr. Raxo introduces himself and shares his background.

Dr. Raxo introduces himself and shares his background.

  • Dr. Raxo introduces himself as a 24-year-old based in Austin, Texas.
  • He claims to use astrology as a tool for financial auditing but does not hold a doctorate in science.
  • Raxo mentions his main source of income was trading stocks and cryptocurrency.

Chapter 2

Financial Success and Setback

0:37 - 29 sec

Raxo discusses his financial success and subsequent setback.

Raxo discusses his financial success and subsequent setback.

  • Raxo explains how he made half a million dollars before turning 24 through trading.
  • He used high leverage for trading and combined it with astrology to make predictions.
  • After a point, Raxo lost a significant portion of his portfolio due to a market downturn and personal issues.

Chapter 3

Trading Strategies and Astrology

1:06 - 1 min, 33 sec

Raxo elaborates on his trading strategies and the role of astrology.

Raxo elaborates on his trading strategies and the role of astrology.

  • He reveals that he used to employ 17x leverage when confident about trades.
  • Raxo asserts his belief in astrology, attributing major crypto events to astrological occurrences.
  • The host challenges Raxo's reliance on astrology, pointing out the randomness of the universe.

Chapter 4

Personal Impact of Trading Losses

2:39 - 3 min, 4 sec

Raxo reflects on the personal impact of his trading losses.

Raxo reflects on the personal impact of his trading losses.

  • He talks about his ADHD and the role of stimulants in his trading routine.
  • Raxo confesses that after losing a large sum, he suffered psychologically and lost his trading composure.
  • The discussion touches on how the financial setback gave Raxo a form of PTSD.

Chapter 5

Sponsorship Segment: Rocket Money

5:42 - 1 min, 18 sec

Raxo presents a sponsored segment promoting Rocket Money.

Raxo presents a sponsored segment promoting Rocket Money.

  • Raxo endorses Rocket Money, a financial app designed to help manage finances by canceling subscriptions, negotiating bills, and crafting budgets.
  • He encourages viewers to try Rocket Money for free and consider the premium features.

Chapter 6

Reflections on Greed and Future Plans

7:00 - 3 min, 44 sec

Raxo reflects on greed and discusses his future plans.

Raxo reflects on greed and discusses his future plans.

  • Raxo acknowledges the role of greed in his past financial decisions and reflects on the influence of figures like Grant Cardone.
  • He expresses regret for not taking profits earlier and shares his aspirations to recover financially.
  • Raxo mentions his interest in obtaining a passport from Montenegro due to the limitations of his Burmese passport.

Chapter 7

Closing Thoughts and Pickup Line Demonstration

10:44 - 41 min, 5 sec

The host closes the conversation with Raxo and challenges him to demonstrate a pickup line.

The host closes the conversation with Raxo and challenges him to demonstrate a pickup line.

  • The host expresses frustration with Raxo's lack of actionable plans for improving his financial situation.
  • Raxo shares his belief that he can still turn his circumstances around and become successful.
  • Raxo fails to impress with a demonstration of how he would approach someone for a date.

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