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2 |1 |00:01:00 ~-~-> 00:01:22 |ICT: Well, good morning, folks. If you're all doing well, you would be so
3 |2 |00:01:22 ~-~-> 00:01:28 |kind as to let me know you can hear me. Okay. You can send a tweet to me, and I
4 |3 |00:01:28 ~-~-> 00:01:32 |will know for certain that we're good. Just give me a five by five, and that
5 |4 |00:01:32 ~-~-> 00:01:34 |means you hear me, fine. You
6 |5 |00:01:49 ~-~-> 00:01:53 |thank you, folks, thank you. Thank you. All right. First of all, I want to
7 |6 |00:01:53 ~-~-> 00:01:59 |apologize. Yesterday, my wife sprung something on me last minute that I
8 |7 |00:01:59 ~-~-> 00:02:02 |wasn't aware of you. She's pretty, pretty good about letting me know what
9 |8 |00:02:03 ~-~-> 00:02:10 |my schedule has to work around family, matter stuff and wasn't able to do Yeah,
10 |9 |00:02:10 ~-~-> 00:02:16 |the Twitter space yesterday. So here's what it is. Today is Sunday. So I do
11 |10 |00:02:16 ~-~-> 00:02:22 |things, you know, in my own personal faith, I don't go to a church per se,
12 |11 |00:02:24 ~-~-> 00:02:30 |but I do spend time with the Lord every day, but I want to be spending time with
13 |12 |00:02:30 ~-~-> 00:02:35 |him the majority of today. So today won't be one of those long duration just
14 |13 |00:02:35 ~-~-> 00:02:39 |keeps on going, going, going. And some of you might not be happy about that,
15 |14 |00:02:39 ~-~-> 00:02:44 |but it's okay. It's okay. It'll be it'll be concise and useful information, and
16 |15 |00:02:44 ~-~-> 00:02:49 |it's going to be something of a number of questions. I want you to go into this
17 |16 |00:02:49 ~-~-> 00:02:55 |new equip and reflect on how you're usually looking at the marketplace, how
18 |17 |00:02:55 ~-~-> 00:02:59 |you're looking at a market, how you're looking at price. Maybe you're using
19 |18 |00:02:59 ~-~-> 00:03:04 |tools that are not mine, and you just hear because you like to listen to you
20 |19 |00:03:04 ~-~-> 00:03:12 |the rhetoric some of the questions I'm going to ask you in this space, don't
21 |20 |00:03:12 ~-~-> 00:03:18 |just think about them and then put it off, write them down, because they're
22 |21 |00:03:18 ~-~-> 00:03:22 |going to be impactful when you get to next weekend and you reflect on it,
23 |22 |00:03:23 ~-~-> 00:03:27 |you'll see things obviously a little bit differently. That's the goal. If you're
24 |23 |00:03:27 ~-~-> 00:03:31 |actively engaging with what I'm going to suggest to you, you will see things
25 |24 |00:03:31 ~-~-> 00:03:36 |differently. And it may be an epiphany for some of you, where you get your aha
26 |25 |00:03:36 ~-~-> 00:03:46 |moment. But since I started the 24 or 2024 mentorship on YouTube, I had a lot
27 |26 |00:03:46 ~-~-> 00:03:50 |of feedback, and it's been predominantly very positive. In fact, like most
28 |27 |00:03:50 ~-~-> 00:03:55 |everybody's saying the same thing, this is the best one, if I should have been
29 |28 |00:03:55 ~-~-> 00:04:02 |teaching it this way for the beginning. And I understand that, but also remind
30 |29 |00:04:02 ~-~-> 00:04:05 |you that these are the things that I didn't want to teach. It's not
31 |30 |00:04:05 ~-~-> 00:04:09 |everything that I don't want to teach. It's just it's in the area of what I did
32 |31 |00:04:09 ~-~-> 00:04:12 |not want to teach, and it's not necessary, because you can see, I have
33 |32 |00:04:12 ~-~-> 00:04:15 |students that have made money, they're consistently profitable, and they get
34 |33 |00:04:15 ~-~-> 00:04:19 |payouts, and they live stream, they share their executions and whatnot. So
35 |34 |00:04:19 ~-~-> 00:04:23 |they didn't need to have what was in 2024 mentorship. Four's mentorship,
36 |35 |00:04:23 ~-~-> 00:04:30 |right? So I want to ask you a question about what you've seen so far.
37 |36 |00:04:31 ~-~-> 00:04:36 |Obviously, when I live stream, I'm telling you what price should do, and
38 |37 |00:04:36 ~-~-> 00:04:40 |I'm doing it over a one minute chart, and many times over a 15 second chart,
39 |38 |00:04:41 ~-~-> 00:04:48 |which affords me next to no time to have any other expectation on what I think
40 |39 |00:04:48 ~-~-> 00:04:52 |price is going to do. And because I'm I'm straining it with the lowest
41 |40 |00:04:52 ~-~-> 00:04:56 |latency. That means when I'm when I'm saying something, I'm checking my audio,
42 |41 |00:04:57 ~-~-> 00:05:01 |it's usually a four second delay. I'm. So there's no way that that could be
43 |42 |00:05:01 ~-~-> 00:05:06 |faked. There's no way that that could be another source of information I'm
44 |43 |00:05:06 ~-~-> 00:05:09 |drawing from and then picking the right one, and then saying, here's, here's
45 |44 |00:05:09 ~-~-> 00:05:13 |what I did right today. Okay, so I basically canceled all those arguments
46 |45 |00:05:13 ~-~-> 00:05:19 |so far, and I've shown you executions based on the logic that I'm I'm
47 |46 |00:05:19 ~-~-> 00:05:22 |teaching. And this week, we're going to be doing some work with limit orders.
48 |47 |00:05:22 ~-~-> 00:05:26 |Limit orders, and I'm going to show you how to go in and take lots of executions
49 |48 |00:05:27 ~-~-> 00:05:31 |as a reminder going into it. And I will have this actually typed out in a
50 |49 |00:05:31 ~-~-> 00:05:35 |watermark, because I know some trolls want to use these types of opportunities
51 |50 |00:05:35 ~-~-> 00:05:39 |to make it look like I don't know I'm doing. I think I'm pretty much
52 |51 |00:05:40 ~-~-> 00:05:44 |communicating. I know what I'm doing. I have trolled in the past. I've done some
53 |52 |00:05:44 ~-~-> 00:05:47 |silly things to get people talking, and it works. That's why I do these things.
54 |53 |00:05:47 ~-~-> 00:05:53 |I'll say something to get people inflamed, or I'll I'll make a snide
55 |54 |00:05:53 ~-~-> 00:05:57 |remark about something, and it gets people talking. That is my marketing
56 |55 |00:05:57 ~-~-> 00:06:01 |mechanism. That's how I do it. I don't have to pay for marketing. I get people
57 |56 |00:06:01 ~-~-> 00:06:05 |twisted up in their panties, and then they go run around, and they try to get
58 |57 |00:06:05 ~-~-> 00:06:09 |their friends to come over to me and troll, and then their their followers
59 |58 |00:06:09 ~-~-> 00:06:13 |see it, and then they get intrigued by what it is I'm doing. And then all of a
60 |59 |00:06:13 ~-~-> 00:06:19 |sudden, now they're a student. So I am the master of harvesting other people,
61 |60 |00:06:19 ~-~-> 00:06:24 |and I don't have to pay for it. I'm a master of manipulating the perceptions
62 |61 |00:06:24 ~-~-> 00:06:30 |of people to get them to come and look and see and they can test it themselves.
63 |62 |00:06:31 ~-~-> 00:06:35 |And anyone that puts their head down to the charts and listens to the things I'm
64 |63 |00:06:35 ~-~-> 00:06:40 |teaching, as I'm going to talk about today, it's a real hard argument to walk
65 |64 |00:06:40 ~-~-> 00:06:45 |away from and think that you got it in the bag where you You're right, and what
66 |65 |00:06:45 ~-~-> 00:06:49 |I'm teaching is wrong or a fallacy, because it's not what I'm actually
67 |66 |00:06:49 ~-~-> 00:06:52 |showcasing and teaching is the market itself. I'm showing you entries to the
68 |67 |00:06:52 ~-~-> 00:06:57 |tick around the very specific PDA rates I'm teaching that are supposedly non
69 |68 |00:06:57 ~-~-> 00:07:02 |existent or supposedly rebranded from somewhere else, but you can't find it
70 |69 |00:07:02 ~-~-> 00:07:10 |anywhere else. At some point, you know the folks that keep saying nonsense
71 |70 |00:07:10 ~-~-> 00:07:13 |about what is your learning, or maybe that you have already learned, and
72 |71 |00:07:14 ~-~-> 00:07:18 |you're not bothered by it and you want to move on. I talk this way not because
73 |72 |00:07:18 ~-~-> 00:07:22 |of insecurity, because there's always an increasing number of new people
74 |73 |00:07:22 ~-~-> 00:07:28 |following me, and I only have a small little window to capture their attention
75 |74 |00:07:28 ~-~-> 00:07:32 |and make them think about things critically, because the Tiktok mentality
76 |75 |00:07:33 ~-~-> 00:07:38 |is very pervasive right now on social media. So if you don't convince me in 30
77 |76 |00:07:38 ~-~-> 00:07:41 |seconds that I'm moving on, not that I need anybody like I don't need anybody
78 |77 |00:07:41 ~-~-> 00:07:43 |to come on my YouTube channel. I don't YouTube channel. I don't care if you
79 |78 |00:07:43 ~-~-> 00:07:46 |ever buy my books. I don't care. I don't care if you like me. I mean, I really
80 |79 |00:07:46 ~-~-> 00:07:50 |don't. That's not That's not what this is about. I made an arrangement, a deal,
81 |80 |00:07:51 ~-~-> 00:07:57 |and I'm living up to the best I can. So if you choose not to use me as a mentor,
82 |81 |00:07:57 ~-~-> 00:08:01 |that's fine. There's other things out there you can use as it as a reason to
83 |82 |00:08:01 ~-~-> 00:08:05 |get into a trade. That does not mean that's the reason why the market went
84 |83 |00:08:05 ~-~-> 00:08:10 |up, and that's why you have to embrace these ideas of, well, the markets are
85 |84 |00:08:10 ~-~-> 00:08:16 |random, so that's why we have to use money management. Okay, I don't like
86 |85 |00:08:16 ~-~-> 00:08:21 |5050 odds. I don't like it when it's iffy. I like to know when everything is
87 |86 |00:08:21 ~-~-> 00:08:27 |in my favor. And for most people, that sounds like that's an impossibility, but
88 |87 |00:08:27 ~-~-> 00:08:31 |I'm showcasing it in live stream. I'm showing you where something might look
89 |88 |00:08:31 ~-~-> 00:08:36 |like a setup that someone that watches my YouTube video one time, or they watch
90 |89 |00:08:36 ~-~-> 00:08:40 |a sampling of them, and maybe you've done this yourself, where you just want
91 |90 |00:08:40 ~-~-> 00:08:44 |to go in and just cherry pick certain things. And if it's a real long video, I
92 |91 |00:08:44 ~-~-> 00:08:47 |don't want to watch that one. I want to go to the real short ones, or I'll go to
93 |92 |00:08:47 ~-~-> 00:08:51 |another channel that's taking pieces of what I say, and you're not getting the
94 |93 |00:08:51 ~-~-> 00:08:55 |full panoramic immersion of understanding what it is I'm talking
95 |94 |00:08:55 ~-~-> 00:08:58 |about. And it's fun seeing everybody with their YouTube channels, and I put
96 |95 |00:08:58 ~-~-> 00:09:01 |little clips together, and they put music behind it, and it sounded like
97 |96 |00:09:01 ~-~-> 00:09:05 |Alan Watts talking to you, right? I'm a fan of Alan Watts, by the way, but the
98 |97 |00:09:07 ~-~-> 00:09:13 |the point is missed in that it's wonderful engagement, traffic inducing,
99 |98 |00:09:13 ~-~-> 00:09:17 |things that other people are helping my channel with, but you're really not
100 |99 |00:09:17 ~-~-> 00:09:22 |learning that way. It might cause a concern or a question to arise, I want
101 |100 |00:09:22 ~-~-> 00:09:26 |to know a little bit more about that new day opening gap, or that opening range
102 |101 |00:09:26 ~-~-> 00:09:31 |gap, or what's these inversion fair value gaps and whatnot. So it causes a
103 |102 |00:09:31 ~-~-> 00:09:39 |matter of inquiry, some curiosity. They may not come to my channel or maybe even
104 |103 |00:09:39 ~-~-> 00:09:43 |listening to these spaces with the express purposes of wanting to become a
105 |104 |00:09:43 ~-~-> 00:09:50 |student of mine, because they've heard things about me, whatnot, and that might
106 |105 |00:09:50 ~-~-> 00:09:54 |change because of what they see and what they hear and what they've been
107 |106 |00:09:54 ~-~-> 00:09:59 |struggling to try to become, which is consistently profitable that may not
108 |107 |00:09:59 ~-~-> 00:10:03 |have been afforded. To them based on what it is they've been trying to employ
109 |108 |00:10:03 ~-~-> 00:10:07 |as a methodology, or learning from someone else, or using some archaic
110 |109 |00:10:07 ~-~-> 00:10:12 |retail logic that is absolutely flawed. And I'm going to talk about how all of
111 |110 |00:10:12 ~-~-> 00:10:16 |those retail concepts are flawed today, and how you can adopt the mindset to
112 |111 |00:10:16 ~-~-> 00:10:20 |cannibalize all of that because that's exactly what I do. I do not trade with
113 |112 |00:10:20 ~-~-> 00:10:26 |any retail logic, except for noticing it in the chart and then fading it. That's
114 |113 |00:10:26 ~-~-> 00:10:30 |what that's the mindset of smart money. Smart Money does not look at a wedge
115 |114 |00:10:30 ~-~-> 00:10:37 |pattern or a bull flag pattern or a broadening top pattern or cup and handle
116 |115 |00:10:37 ~-~-> 00:10:41 |pattern and says, Wow. No, this is it. This is where I'm going to get in here
117 |116 |00:10:41 ~-~-> 00:10:47 |and trade. I look for those types of scenarios when it's diametrically
118 |117 |00:10:47 ~-~-> 00:10:50 |opposed to where I believe that the algorithm is going to reprice to. And
119 |118 |00:10:50 ~-~-> 00:10:55 |when I have those conditions, I'm going to trade with my largest leverage. If I
120 |119 |00:10:55 ~-~-> 00:11:01 |don't have a retail concept there, it's not necessary. I'll just use a standard
121 |120 |00:11:01 ~-~-> 00:11:04 |measure of leverage. It's not that big of a deal, but when I had everything in
122 |121 |00:11:04 ~-~-> 00:11:08 |my favor, and I know I'm in an arm wrestling match or a tug of war with
123 |122 |00:11:08 ~-~-> 00:11:13 |John Q Public, who just read a book, or he just opened up his TD Ameritrade
124 |123 |00:11:13 ~-~-> 00:11:17 |account, and he's never traded before. He's never studied price action. He just
125 |124 |00:11:17 ~-~-> 00:11:20 |thinks he's going to try it out if they're willing to share their opinion
126 |125 |00:11:20 ~-~-> 00:11:25 |about what they want to see in the marketplace. And there's a classic
127 |126 |00:11:25 ~-~-> 00:11:29 |retail pattern in price that they're mentioning, and I know that the market's
128 |127 |00:11:29 ~-~-> 00:11:32 |most likely going to go the other direction. I'm literally going to enter
129 |128 |00:11:32 ~-~-> 00:11:36 |right where they're trying to go the other direction, and I'll have next to
130 |129 |00:11:36 ~-~-> 00:11:36 |zero drawdown.
131 |130 |00:11:38 ~-~-> 00:11:42 |And all you have to do is look at my executions, and you'll see that when I'm
132 |131 |00:11:42 ~-~-> 00:11:47 |entering, it's immediate delivery to covering the costs of a spread or
133 |132 |00:11:47 ~-~-> 00:11:53 |commissions, and it's already in profit. Because if I'm short, I teach my
134 |133 |00:11:53 ~-~-> 00:11:57 |students the same way you want to be selling short when the market's going
135 |134 |00:11:57 ~-~-> 00:12:04 |up, because that's the fastest route away from your entry, because to go
136 |135 |00:12:04 ~-~-> 00:12:09 |lower, I'm expecting it to reach to some kind of premium array. Okay, that's
137 |136 |00:12:09 ~-~-> 00:12:14 |something that's algorithmically delivered for a last chance to get in.
138 |137 |00:12:14 ~-~-> 00:12:19 |Basically, is what that is. And when you're bearish, every PD array that's a
139 |138 |00:12:19 ~-~-> 00:12:23 |premium while that market is in a cell program, it means it's getting ready to
140 |139 |00:12:23 ~-~-> 00:12:29 |deliver sell side to sell side liquidity. That's the paradigm, that's
141 |140 |00:12:29 ~-~-> 00:12:35 |the that's the methodology of watching and viewing price action correctly, not
142 |141 |00:12:35 ~-~-> 00:12:41 |with pseudo order flow on level two data. That's all scammed, that's all
143 |142 |00:12:41 ~-~-> 00:12:46 |fake. Sure, there's some real orders in that, but they're not all real. And
144 |143 |00:12:46 ~-~-> 00:12:51 |because if they can be manipulated, they can that's a wonderful tool, like a red
145 |144 |00:12:51 ~-~-> 00:12:56 |herring. Dangle a whole bunch of numbers at a particular price. And all of you
146 |145 |00:12:56 ~-~-> 00:12:59 |guys that sit out there and gals that sit out there, and you watch these
147 |146 |00:12:59 ~-~-> 00:13:03 |things, these depth of markets, you know, level two, data, volume, profile,
148 |147 |00:13:03 ~-~-> 00:13:11 |BSA and all that stuff. You get tricked all the time. And I'm sitting in the
149 |148 |00:13:11 ~-~-> 00:13:16 |sidelines, in the quiet, not saying anything in your live streams or
150 |149 |00:13:16 ~-~-> 00:13:22 |whatnot. And I'm watching the people that see those numbers, and you get real
151 |150 |00:13:22 ~-~-> 00:13:27 |excited, and the more people talk about is very specific level, because look at
152 |151 |00:13:27 ~-~-> 00:13:30 |all those numbers, there's a so and so number of contracts. There's a so and so
153 |152 |00:13:30 ~-~-> 00:13:35 |number of orders sitting at this level. As soon as someone says that audibly, as
154 |153 |00:13:35 ~-~-> 00:13:41 |a YouTube Live streamer or their chat box starts talking or calling out very
155 |154 |00:13:41 ~-~-> 00:13:45 |specific levels, because there's a certain number of orders supposedly
156 |155 |00:13:45 ~-~-> 00:13:52 |above it or below it. As soon as I see that, I am ready to pounce. Because what
157 |156 |00:13:52 ~-~-> 00:13:58 |that is that's an indication that the weakest minded trader, the weakest
158 |157 |00:13:59 ~-~-> 00:14:08 |equipped speculator, the most likely to lose individual in the marketplace is
159 |158 |00:14:08 ~-~-> 00:14:15 |sharing their unlearning opinion at a real time moment where I can measure
160 |159 |00:14:15 ~-~-> 00:14:20 |that against what I see in price. So that's the only absolute, only reason
161 |160 |00:14:20 ~-~-> 00:14:27 |why I watch majority of my live stream people that I like now, Tanya trades is
162 |161 |00:14:27 ~-~-> 00:14:32 |my student, so she trades with my concepts. I don't I don't fade her I
163 |162 |00:14:32 ~-~-> 00:14:37 |don't fade her chat. I just like watching her. So I might go into her
164 |163 |00:14:37 ~-~-> 00:14:41 |live stream and say, Hey, how you doing? Or just watch this level or that level,
165 |164 |00:14:41 ~-~-> 00:14:45 |but I'm not trying to engage or manipulate that chat. I'm watching her
166 |165 |00:14:45 ~-~-> 00:14:50 |for the sake of watching her because she's done well. Everybody else I'm
167 |166 |00:14:50 ~-~-> 00:14:56 |using for their chat window. That's why I'm there. And sometimes the streamer
168 |167 |00:14:56 ~-~-> 00:15:00 |might say something that's silly and it makes me laugh, but I. Other than that,
169 |168 |00:15:00 ~-~-> 00:15:05 |I don't want to follow anybody else, because it's just chaff. But when I'm
170 |169 |00:15:05 ~-~-> 00:15:09 |looking for a setup, I will absolutely go into the live streams and get a feel
171 |170 |00:15:09 ~-~-> 00:15:16 |for sentiment, because it gives me a real world, real time sentiment reading
172 |171 |00:15:16 ~-~-> 00:15:21 |from less informed individuals. And that might sound, that might sound mean
173 |172 |00:15:21 ~-~-> 00:15:28 |spirited. It's not. It's not, you know, if, if someone at a company was saying,
174 |173 |00:15:28 ~-~-> 00:15:32 |hey, look, we're getting ready to introduce a really amazing new product
175 |174 |00:15:32 ~-~-> 00:15:37 |line of something new and innovating, and you were a friend of that person and
176 |175 |00:15:37 ~-~-> 00:15:41 |that that company was traded on the stock exchange, you have basically an
177 |176 |00:15:41 ~-~-> 00:15:46 |inside tip, and you can frown on that and call it whatever you want to call
178 |177 |00:15:46 ~-~-> 00:15:49 |it, okay, but if I had a long term friend like that and they were saying,
179 |178 |00:15:49 ~-~-> 00:15:52 |hey, look, this is your income out. I can't tell you exactly what it is, but
180 |179 |00:15:52 ~-~-> 00:15:55 |we're going to have something amazing to hit the market. I'm probably going to go
181 |180 |00:15:55 ~-~-> 00:16:02 |in there and buy some call options, because I have a perspective that's
182 |181 |00:16:02 ~-~-> 00:16:10 |being afforded to me, that I have faith in probably being correct, because
183 |182 |00:16:10 ~-~-> 00:16:15 |they're there. Well, if you look at the retail mindset, 90% of them are wrong.
184 |183 |00:16:15 ~-~-> 00:16:20 |So if they're doing you a favor by collectively coming out and saying, This
185 |184 |00:16:20 ~-~-> 00:16:25 |is what they believe the market's going to go up, or go up to this level, or go
186 |185 |00:16:25 ~-~-> 00:16:32 |down, or go down to this level. They're giving you a gift, because they're
187 |186 |00:16:32 ~-~-> 00:16:36 |giving you better than an overbought, oversold indicator, because you can't
188 |187 |00:16:37 ~-~-> 00:16:47 |personify the aspects of fear, greed, FOMO in just the number crunching of a
189 |188 |00:16:48 ~-~-> 00:16:52 |overbought oversold indicator. But if you combine that with market sentiment
190 |189 |00:16:53 ~-~-> 00:16:57 |when you're bearish, and that overbought, oversold reading is
191 |190 |00:16:57 ~-~-> 00:17:02 |overbought and it maybe is having a bearish divergence. But at the same time
192 |191 |00:17:02 ~-~-> 00:17:06 |now you have real people chattering or posting on their social media accounts.
193 |192 |00:17:07 ~-~-> 00:17:10 |Get ready for the you know, the move. It's getting ready to happen. It's going
194 |193 |00:17:10 ~-~-> 00:17:14 |to go up, and the more adjectives that they use, that means they're really
195 |194 |00:17:14 ~-~-> 00:17:19 |trying to convince other people and convince themselves. So that means,
196 |195 |00:17:19 ~-~-> 00:17:22 |like, that's the most overbought of overbought readings as you can have, and
197 |196 |00:17:22 ~-~-> 00:17:27 |it's not necessary to have it on a plotted basis, crunching a period of
198 |197 |00:17:27 ~-~-> 00:17:33 |candlesticks or bars over the last number of 10 or 1520, handles or not
199 |198 |00:17:33 ~-~-> 00:17:37 |handles, periods that you're going to use to measure for the overbought result
200 |199 |00:17:37 ~-~-> 00:17:41 |indicator. So I used to, as a young trader, I used to use the revolver sold.
201 |200 |00:17:41 ~-~-> 00:17:47 |And then I discovered that it's not necessary just looking at the range and
202 |201 |00:17:47 ~-~-> 00:17:50 |then understanding what the PD arrays are inside that most recent range, from
203 |202 |00:17:50 ~-~-> 00:17:53 |the recent high down to the recent low. And you can trade just inside that range
204 |203 |00:17:53 ~-~-> 00:17:58 |and never trade outside of it, and make all the money you'd ever want. And if
205 |204 |00:17:58 ~-~-> 00:18:04 |you write down the things I'm going to suggest you today. I promise you they're
206 |205 |00:18:04 ~-~-> 00:18:07 |going to serve you well. You'll have a better understanding about how the
207 |206 |00:18:07 ~-~-> 00:18:11 |markets are booked from the market makers perspective, not a dealer,
208 |207 |00:18:11 ~-~-> 00:18:14 |because they're going to talk about that, because I'm going to make a very
209 |208 |00:18:14 ~-~-> 00:18:18 |strong contrast between what you think a market maker is and what the market
210 |209 |00:18:18 ~-~-> 00:18:25 |maker is for real, and why I'm always on side. How many times have you seen me do
211 |210 |00:18:25 ~-~-> 00:18:29 |something wrong since I started doing the 2024, mentorship? How many times
212 |211 |00:18:29 ~-~-> 00:18:33 |have you seen it done wrong? Zero. I can tell you what fair value gap is real,
213 |212 |00:18:33 ~-~-> 00:18:38 |which one's not. I can tell you how something's going to fail, what
214 |213 |00:18:38 ~-~-> 00:18:42 |direction it's going to go, what liquidity is going to reach. For that,
215 |214 |00:18:42 ~-~-> 00:18:46 |to me, is boring, okay, but that's a skill set that you all are striving to
216 |215 |00:18:46 ~-~-> 00:18:52 |learn. And I'm proving it with no confusion. It's right to the point it's
217 |216 |00:18:52 ~-~-> 00:18:55 |in life. And I'm pointing to it. I'm explaining to why it should do this. And
218 |217 |00:18:55 ~-~-> 00:18:59 |it happens. It's not a pre recorded session where people in the past have
219 |218 |00:18:59 ~-~-> 00:19:03 |said, I'm doing multiple chances and then using the ones that work to look
220 |219 |00:19:03 ~-~-> 00:19:13 |good. If you're seeing seven weeks or so of me doing it accurately. Is it a
221 |220 |00:19:13 ~-~-> 00:19:18 |question? Why that you don't see losing trades by me? Because I know what I'm
222 |221 |00:19:18 ~-~-> 00:19:22 |looking for. Now, if I trade every single instance where there could
223 |222 |00:19:22 ~-~-> 00:19:26 |potentially be a trade there, and I don't filter it with my experience and
224 |223 |00:19:26 ~-~-> 00:19:29 |the other things that I'm teaching as protocols, that tells me, yeah, this
225 |224 |00:19:29 ~-~-> 00:19:32 |isn't probably going to be panning out for me. So while that might be
226 |225 |00:19:33 ~-~-> 00:19:38 |noteworthy dimension, while tape reading in the live stream, I'm not going to
227 |226 |00:19:38 ~-~-> 00:19:42 |execute on that one, because I know enough that tells me that that's not
228 |227 |00:19:42 ~-~-> 00:19:47 |likely to deliver, so I'm going to wait for the next PD array. It's kind of like
229 |228 |00:19:47 ~-~-> 00:19:51 |you go, you're walking down the street. You know that bus is supposed to be
230 |229 |00:19:51 ~-~-> 00:19:57 |there at 10 minutes after 10. No pun intended, but just so happens that they
231 |230 |00:19:57 ~-~-> 00:20:01 |got there a little bit early, and maybe the bus driver. Hours, little jerked out
232 |231 |00:20:01 ~-~-> 00:20:04 |of gear, and they don't sit there long enough for you to get there and get on
233 |232 |00:20:04 ~-~-> 00:20:07 |the bus. Okay, no problem. Just sit there and wait 20 more minutes, 30
234 |233 |00:20:09 ~-~-> 00:20:13 |minutes or wherever the the schedule is, and it'll come back around. That's what
235 |234 |00:20:13 ~-~-> 00:20:16 |it's like when you have understanding my PD arrays. I don't have to have every
236 |235 |00:20:16 ~-~-> 00:20:21 |single entry I showcase. I want to have the highest one that's afforded to me if
237 |236 |00:20:21 ~-~-> 00:20:24 |I'm bearish, I want to have the lowest one that's afforded to me when I'm
238 |237 |00:20:24 ~-~-> 00:20:30 |bullish. But I might not be there at the time when the chart does it. I might be
239 |238 |00:20:30 ~-~-> 00:20:33 |in an alert that tells me, hey, look, it's done something. And then by the
240 |239 |00:20:33 ~-~-> 00:20:37 |time of me seeing that and then going to my charts, there may have been a very
241 |240 |00:20:37 ~-~-> 00:20:42 |fast displacement, and I've missed the ideal lowest entry or highest entry. I'm
242 |241 |00:20:42 ~-~-> 00:20:48 |not freaking out about that. I have 81 ways to get into a trade, and not all of
243 |242 |00:20:48 ~-~-> 00:20:52 |them appear in every single price run. I just look for the ones that appear, and
244 |243 |00:20:53 ~-~-> 00:20:56 |because I know what they look like, like deer tracks, and I've seen it with my
245 |244 |00:20:56 ~-~-> 00:21:00 |dad taking me out in the woods. That's proverbial. That never happened, but
246 |245 |00:21:00 ~-~-> 00:21:05 |I've used that analogy because I've recognized it, because I know what it
247 |246 |00:21:05 ~-~-> 00:21:09 |looks like in the past, and I've traded it and executed on it. Out of those 81
248 |247 |00:21:09 ~-~-> 00:21:16 |specific PD arrays that may be allowed for me to enter on there may have only
249 |248 |00:21:16 ~-~-> 00:21:23 |been free that actually formed in that price run. It doesn't mean the other 70
250 |249 |00:21:23 ~-~-> 00:21:27 |plus aren't good. It just means that the algorithm did not implement them.
251 |250 |00:21:29 ~-~-> 00:21:33 |So I know what I'm looking for. I know what time my setups are going to form.
252 |251 |00:21:33 ~-~-> 00:21:37 |That's the most important thing. I know what time I can set my entire schedule
253 |252 |00:21:37 ~-~-> 00:21:44 |around three or four or 568, different types of trades that I know I can do.
254 |253 |00:21:44 ~-~-> 00:21:48 |One trade, walk away from the charts and come back five minutes before the next
255 |254 |00:21:48 ~-~-> 00:21:53 |one was supposed to be there and not be there when it happens. Can you can your
256 |255 |00:21:53 ~-~-> 00:21:56 |mentor, can your school of thought? Can the people that wrote the books that
257 |256 |00:21:56 ~-~-> 00:22:00 |you're believing as a religion? Can they tell you that? Can they demonstrate
258 |257 |00:22:00 ~-~-> 00:22:07 |that? Can they do it consistently? I bet you they can't. And I bet you you can't.
259 |258 |00:22:08 ~-~-> 00:22:13 |There's something different here, folks, and I'm trying to without just taking
260 |259 |00:22:13 ~-~-> 00:22:17 |you right to it, because we're gradually getting it nonetheless. But I'm trying
261 |260 |00:22:17 ~-~-> 00:22:22 |to allow that moon of astonishment where you see it and it jumps off the chart.
262 |261 |00:22:22 ~-~-> 00:22:26 |You're like, Ah, oh. And for some of you, you're starting to see some of
263 |262 |00:22:26 ~-~-> 00:22:31 |those things in the comment section, and I'm allowing you to keep that to
264 |263 |00:22:31 ~-~-> 00:22:35 |yourself, the worst thing you can do is go bladed on social media, because then
265 |264 |00:22:35 ~-~-> 00:22:39 |you'll ruin it for everybody else. Let them have that same move in
266 |265 |00:22:39 ~-~-> 00:22:42 |astonishment. Because if they don't, it's okay, because when I wrap up the
267 |266 |00:22:42 ~-~-> 00:22:45 |live streams going into the last week of October, because we're not live
268 |267 |00:22:45 ~-~-> 00:22:49 |streaming November and December, the holidays, that's my time. I'll do pre
269 |268 |00:22:49 ~-~-> 00:22:53 |recorded videos whenever I find a time to do it, but live streaming stops the
270 |269 |00:22:53 ~-~-> 00:22:58 |last week of October, so by then, you'll know everything that I wanted to teach
271 |270 |00:22:58 ~-~-> 00:23:03 |in the 2024 mentorship. So it's not like a long, drawn out process. You'll have
272 |271 |00:23:04 ~-~-> 00:23:07 |wonderful resources to tap into, protocols, processes, procedures, and
273 |272 |00:23:08 ~-~-> 00:23:12 |some of them we'll cover today. Okay, but I think most of you are realized
274 |273 |00:23:12 ~-~-> 00:23:16 |that there's a little bit more than just simply classic support, resistance or
275 |274 |00:23:16 ~-~-> 00:23:20 |what you thought was supply and demand. There's something else, totally
276 |275 |00:23:20 ~-~-> 00:23:24 |different, and the first and foremost factor is time. And none of those other
277 |276 |00:23:24 ~-~-> 00:23:30 |applications or approaches to trading ever reference time. And that's why 99
278 |277 |00:23:30 ~-~-> 00:23:37 |999, 9% of every aspect of retail trading is flawed because they don't
279 |278 |00:23:37 ~-~-> 00:23:43 |have any reference to time. It's funny, because there's people out there that do
280 |279 |00:23:43 ~-~-> 00:23:49 |mentorships. They talk like they're they're special in trading. They talk
281 |280 |00:23:49 ~-~-> 00:23:55 |with my vernacular, my language, they use my words, but they claim they didn't
282 |281 |00:23:55 ~-~-> 00:24:00 |learn from me, and they still ignore the fact, even though they might say,
283 |282 |00:24:00 ~-~-> 00:24:03 |there's an algorithm, there's an algorithm. If there's an algorithm, it
284 |283 |00:24:03 ~-~-> 00:24:08 |has to run on time. So right away, you just eliminated the frauds, right there.
285 |284 |00:24:09 ~-~-> 00:24:11 |Okay, because they don't know what they're talking about. If anybody
286 |285 |00:24:11 ~-~-> 00:24:15 |submits the idea that that market is driven by an algorithm, there's a lot of
287 |286 |00:24:15 ~-~-> 00:24:18 |people that don't. There's a lot of students that are watching on YouTube
288 |287 |00:24:18 ~-~-> 00:24:22 |that are very respectful when they leave their comments and say, this was a
289 |288 |00:24:22 ~-~-> 00:24:25 |wonderful teaching on price action, even though I don't believe there's an
290 |289 |00:24:25 ~-~-> 00:24:29 |algorithm controlling price this was very illuminating. What you know, I can
291 |290 |00:24:29 ~-~-> 00:24:33 |appreciate that, and that's all to ask for. I'm not trying to convince you. I
292 |291 |00:24:33 ~-~-> 00:24:38 |just have fun doing it where I'm ribbing people, you twisting the knife verbally,
293 |292 |00:24:38 ~-~-> 00:24:43 |just to let them know that I find it astonishing that you can't see it.
294 |293 |00:24:44 ~-~-> 00:24:49 |Because if I can time my trades and tell you what time they're going to form, and
295 |294 |00:24:49 ~-~-> 00:24:54 |I can tell you what price they're going to be at, look at this week. Look what I
296 |295 |00:24:54 ~-~-> 00:24:59 |look what I outlined just this week, and what I executed on, folks, that's
297 |296 |00:24:59 ~-~-> 00:25:04 |perfect. It like that's perfect, and it's the logic that's been explained to
298 |297 |00:25:04 ~-~-> 00:25:09 |you, and it's using something from the previous day that nobody else would have
299 |298 |00:25:09 ~-~-> 00:25:14 |referred to. First presentation, fair value gap. I've mentioned that in
300 |299 |00:25:14 ~-~-> 00:25:20 |passing, in Twitter spaces. Last year, I took these little hints in these long
301 |300 |00:25:21 ~-~-> 00:25:28 |discussions, because it's just too good. But if you listen and you take notes and
302 |301 |00:25:28 ~-~-> 00:25:36 |you think, why did he say that? That is a clue. That's a little bit of a little
303 |302 |00:25:36 ~-~-> 00:25:41 |golden nugget just buried underneath the surface of that discussion, it doesn't
304 |303 |00:25:41 ~-~-> 00:25:44 |take much digging for you to discover what it is. But if you just listen to
305 |304 |00:25:44 ~-~-> 00:25:48 |me, and you don't go on your charts and examine what could be seen around that
306 |305 |00:25:48 ~-~-> 00:25:53 |thing you just mentioned, all of a sudden, when you start studying it and
307 |306 |00:25:53 ~-~-> 00:25:57 |looking at how price behaves around it, and you hear that I'm always referring
308 |307 |00:25:57 ~-~-> 00:26:03 |to the last three days, the last three days, the last three days, because swing
309 |308 |00:26:03 ~-~-> 00:26:12 |highs form with three candles inside of that element of time of the last three
310 |309 |00:26:12 ~-~-> 00:26:18 |days, you're never going to miss that real sweet spot if you're trying to
311 |310 |00:26:18 ~-~-> 00:26:22 |trade swing trades like if you don't want to be intraday trading, you want to
312 |311 |00:26:22 ~-~-> 00:26:25 |trade trade a little bit longer term perspective. You want to trade for the
313 |312 |00:26:25 ~-~-> 00:26:29 |full weekly range, or you want to trade for the whole month's range, or you want
314 |313 |00:26:29 ~-~-> 00:26:34 |to trade for several weeks that may be lasting several months, maybe six to a
315 |314 |00:26:34 ~-~-> 00:26:38 |year, six months to a year, long term position trading, I don't personally
316 |315 |00:26:38 ~-~-> 00:26:41 |have the appetite to do that. Like, I can't sit still that long, like
317 |316 |00:26:42 ~-~-> 00:26:49 |hyperactivity. Basically, I have to see I know that I can take what I have and
318 |317 |00:26:49 ~-~-> 00:26:54 |run it up with velocity, with multiple transactions, instead of just taking one
319 |318 |00:26:54 ~-~-> 00:26:57 |and holding on to it and submitting to whatever it wants to deliver on that one
320 |319 |00:26:57 ~-~-> 00:27:01 |trade. There's nothing wrong with that. Like if you're running a 401, K for
321 |320 |00:27:01 ~-~-> 00:27:06 |yourself, a self directed IRA, and it's advisable that you should be doing that,
322 |321 |00:27:06 ~-~-> 00:27:12 |because you get wonderful tax treatment, and you can blow an account up big, and
323 |322 |00:27:12 ~-~-> 00:27:16 |some of that training can be done with long term position trading. The only
324 |323 |00:27:16 ~-~-> 00:27:21 |problem with this is, and this is why I'm really glad I've been speaking
325 |324 |00:27:21 ~-~-> 00:27:25 |predominantly on intraday, short term trading, is because they're trying to
326 |325 |00:27:25 ~-~-> 00:27:31 |implement these walls that are going to be unrealized taxing unrealized gains.
327 |326 |00:27:31 ~-~-> 00:27:36 |So that means, if you're holding stocks or positions that are not yet cashed
328 |327 |00:27:36 ~-~-> 00:27:40 |out, how are they going to justify charging a tax on something that you
329 |328 |00:27:40 ~-~-> 00:27:45 |haven't even made the profit on. It's an unrealized profit. That's corruption.
330 |329 |00:27:45 ~-~-> 00:27:49 |That's the highest form of corruption. And people don't stand up against that.
331 |330 |00:27:49 ~-~-> 00:27:52 |And we have a real problem here, because that is absolutely asinine. No one
332 |331 |00:27:52 ~-~-> 00:27:58 |should ever agree to that, Republican or Democrat. Nobody should see that. But if
333 |332 |00:27:58 ~-~-> 00:28:01 |you're a day trading, if you're intraday trading, you're getting in, you're
334 |333 |00:28:01 ~-~-> 00:28:07 |getting out. You had that profit. It's realized, you know, and if you have a
335 |334 |00:28:07 ~-~-> 00:28:11 |good CPA that can help you do whatever you can get in terms of write offs and
336 |335 |00:28:12 ~-~-> 00:28:19 |reduce the legal thresholds of your personal taxation, you should do that.
337 |336 |00:28:19 ~-~-> 00:28:23 |But if you're doing things like fund account trading, you have a different
338 |337 |00:28:23 ~-~-> 00:28:28 |tax treatment. You can do things differently that someone like myself, if
339 |338 |00:28:28 ~-~-> 00:28:33 |we're trading in live accounts, that profit is treated differently versus
340 |339 |00:28:33 ~-~-> 00:28:39 |what you make through the Prop funds get that that's not even real money. I mean,
341 |340 |00:28:39 ~-~-> 00:28:43 |it's not real trading like that's you're getting rewarded for playing the
342 |341 |00:28:43 ~-~-> 00:28:46 |lottery, fantasy football. That's basically what that is. So that type,
343 |342 |00:28:46 ~-~-> 00:28:51 |that type of income, can be treated differently, and it's wrapped in kind of
344 |343 |00:28:51 ~-~-> 00:28:55 |like the same thing as a YouTube earner, any money that you make as a YouTuber,
345 |344 |00:28:55 ~-~-> 00:29:04 |clothing, travel, cars, all the glitz and glam that makes up what your images,
346 |345 |00:29:04 ~-~-> 00:29:08 |you can get a lot better tax treatment there than what you do with your trading
347 |346 |00:29:08 ~-~-> 00:29:12 |profits in a real account. So don't laugh at these people that are doing
348 |347 |00:29:12 ~-~-> 00:29:16 |this stuff online. Okay, because they listened to me in the past where I said,
349 |348 |00:29:16 ~-~-> 00:29:20 |if you want to get the best tax treatment and you have a personality, do
350 |349 |00:29:20 ~-~-> 00:29:24 |this online, if you learn, if you learn how to treat all of you listening can
351 |350 |00:29:24 ~-~-> 00:29:29 |learn how to do this well, and all of you have diverse personalities, and not
352 |351 |00:29:29 ~-~-> 00:29:33 |all of them are going to be interesting, interesting like like mine. I I'm
353 |352 |00:29:33 ~-~-> 00:29:37 |abrasive most times, and either you love me or you hate me, and that's exactly
354 |353 |00:29:37 ~-~-> 00:29:41 |how I want it. I don't want in between, I want you either love me or you hate
355 |354 |00:29:41 ~-~-> 00:29:47 |me, and either one I'm satisfied with. But you can be a middle of the road
356 |355 |00:29:47 ~-~-> 00:29:52 |personality if you learn how to trade well and put yourself together online
357 |356 |00:29:52 ~-~-> 00:29:56 |presence and live stream yourself executing. You're not trying to teach my
358 |357 |00:29:56 ~-~-> 00:30:00 |stuff. You're simply just doing it, and people want to see it. They. There's so
359 |358 |00:30:00 ~-~-> 00:30:04 |many students of mine that come to me wanting to get into private mentorship
360 |359 |00:30:04 ~-~-> 00:30:08 |when I'm teaching for free here, and they'll say, can you at least turn me on
361 |360 |00:30:08 ~-~-> 00:30:12 |to your students that are really good and let me follow them. Why would they
362 |361 |00:30:12 ~-~-> 00:30:15 |want to do that? Because they want to copy their trades. So if you have a
363 |362 |00:30:15 ~-~-> 00:30:21 |skill set in this, you have a blank check to make as much as you want to
364 |363 |00:30:21 ~-~-> 00:30:24 |ever make, and because you're live streaming it, you ain't got to worry
365 |364 |00:30:24 ~-~-> 00:30:28 |about anything being leaked. If you do a mentorship, it's getting leaked. If you
366 |365 |00:30:28 ~-~-> 00:30:31 |do a signal services, they're going to get leaked. But when you do it out in
367 |366 |00:30:31 ~-~-> 00:30:36 |public, you've made everything impossible. Why would anybody try to buy
368 |367 |00:30:36 ~-~-> 00:30:39 |something that's already available for free? That's why I'm killing everybody
369 |368 |00:30:39 ~-~-> 00:30:43 |right now. I'm literally murdering them. I'm burning the village, okay, and I'm
370 |369 |00:30:43 ~-~-> 00:30:48 |having fun doing it, because you all had your fun with me. Now I'm showing you
371 |370 |00:30:48 ~-~-> 00:30:55 |who's who don't waste that opportunity of income and that different tax
372 |371 |00:30:55 ~-~-> 00:31:01 |treatment, if your skill set is afforded to you and your personality allows you
373 |372 |00:31:01 ~-~-> 00:31:04 |to be out in front of the public, and you take a trade, and you trade and you
374 |373 |00:31:04 ~-~-> 00:31:10 |call the market. I would watch you as a student. I would love nothing more to be
375 |374 |00:31:10 ~-~-> 00:31:13 |able to see something like that. I've watched Tanya. I mean, she's she's got
376 |375 |00:31:13 ~-~-> 00:31:19 |her own little personality, and it works for her. People try to tell her what to
377 |376 |00:31:19 ~-~-> 00:31:23 |do, and she does the right thing. Listen, this is the way it goes here.
378 |377 |00:31:23 ~-~-> 00:31:27 |And you don't like it, you ought to watch other people, okay? And you
379 |378 |00:31:28 ~-~-> 00:31:32 |got folks like Patrick Whelan, awesome personality. He's like a heel in
380 |379 |00:31:32 ~-~-> 00:31:36 |wrestling, like he's the perfect bad guy, okay? But he just sucks at trading.
381 |380 |00:31:36 ~-~-> 00:31:40 |So if he can learn how to trade, and, man, he would be a phenomenon on
382 |381 |00:31:40 ~-~-> 00:31:44 |YouTube, like freaking crazy. He'd had the best of the best. He'd like be the
383 |382 |00:31:44 ~-~-> 00:31:50 |best, best Ric Flair in trading. You love to hate him, but you can't. You
384 |383 |00:31:50 ~-~-> 00:31:53 |can't deny, once he learns how to trade well and consistently not blow his
385 |384 |00:31:53 ~-~-> 00:31:58 |accounts, he would be a huge draw for people to watch on YouTube. And I that's
386 |385 |00:31:58 ~-~-> 00:32:01 |the only thing I've ever been interested in. I want to see him get better at it,
387 |386 |00:32:01 ~-~-> 00:32:06 |but a lot of you don't want to do those types of things. Maybe you don't have
388 |387 |00:32:06 ~-~-> 00:32:09 |the skin to do it, because if someone gives you something critical, it'll hurt
389 |388 |00:32:10 ~-~-> 00:32:16 |your feelings. You won't want to do it, or you'll clam up. And it's not for
390 |389 |00:32:16 ~-~-> 00:32:22 |everybody. But the main thing is this, you're seeing a different level of
391 |390 |00:32:22 ~-~-> 00:32:29 |understanding and price that is just still scratching the surface, just just
392 |391 |00:32:29 ~-~-> 00:32:35 |scratching the surface. And every new revelation that I'm sharing is opening
393 |392 |00:32:35 ~-~-> 00:32:41 |up a huge level of understanding about how everything else is working. Contrast
394 |393 |00:32:41 ~-~-> 00:32:48 |that with you go into the day and you're waiting to react to something as a
395 |394 |00:32:48 ~-~-> 00:32:53 |retail trader. You're waiting for some kind of price moving away from a V wop,
396 |395 |00:32:53 ~-~-> 00:32:59 |or you're waiting for some kind of, I don't know, indicator to tell you it's
397 |396 |00:32:59 ~-~-> 00:33:04 |it's doing something, or some kind of pattern that is populated on your chart
398 |397 |00:33:04 ~-~-> 00:33:08 |as an overlay that tells you there's supposedly some harmonic pattern there,
399 |398 |00:33:08 ~-~-> 00:33:13 |and you're trusting that stuff, but you're admitting to yourself that, hey,
400 |399 |00:33:13 ~-~-> 00:33:22 |look, nothing's 100% if I'm wrong, it's okay. It doesn't mean that I'm gonna
401 |400 |00:33:22 ~-~-> 00:33:27 |keep losing. It just means that I'm okay losing half the time, and to me, that
402 |401 |00:33:27 ~-~-> 00:33:33 |makes no damn sense. But gamblers do well with that. Professional gamblers
403 |402 |00:33:33 ~-~-> 00:33:36 |can do well in those types of situations, because they know how to bet
404 |403 |00:33:36 ~-~-> 00:33:41 |heavy when they feel like they got it in their favor, and they'll lose a lot of
405 |404 |00:33:41 ~-~-> 00:33:45 |hands, and they'll find themselves at the final table at the World Series of
406 |405 |00:33:45 ~-~-> 00:33:50 |Poker. Watch those, watch those competitions, and you'll see the same
407 |406 |00:33:50 ~-~-> 00:33:55 |faces finding themselves to the latter stages of that competition more times
408 |407 |00:33:55 ~-~-> 00:34:00 |than anybody else. And that was always a fascinating thing for me in the 90s,
409 |408 |00:34:00 ~-~-> 00:34:04 |like I watched that all the time, and the same people would be at the tables
410 |409 |00:34:04 ~-~-> 00:34:10 |the last ones. That's not coincidence. They know how to play the cards, and
411 |410 |00:34:10 ~-~-> 00:34:14 |they know how to play the people at the table, and that's exactly what market
412 |411 |00:34:14 ~-~-> 00:34:25 |making is. That's what it is. It's bluffing. It's enticing, throwing down a
413 |412 |00:34:25 ~-~-> 00:34:32 |hand that you know you probably could play, but throw it down and what they
414 |413 |00:34:32 ~-~-> 00:34:36 |thought you were playing with. Oh, and you're confusing them. That's why, if
415 |414 |00:34:36 ~-~-> 00:34:40 |you go to a casino, you sit down at a blackjack table, they bring out a brand
416 |415 |00:34:40 ~-~-> 00:34:45 |new shoe, okay? And you start playing the table when you got a good hand.
417 |416 |00:34:46 ~-~-> 00:34:51 |Throw it down. Lose money doing that. Throw it down. Throw it down. Throw it
418 |417 |00:34:51 ~-~-> 00:34:56 |down. What you're actually doing is you're going to mess up the shoe, and in
419 |418 |00:34:56 ~-~-> 00:34:59 |15 minutes or 20 minutes, they're going to come out and change the shoe or add.
420 |419 |00:35:00 ~-~-> 00:35:03 |Ask you to go to another table. That table's closed. Don't believe me, go
421 |420 |00:35:03 ~-~-> 00:35:07 |fucking try it. Okay? Because the eye and a sky above you, that's who you're
422 |421 |00:35:07 ~-~-> 00:35:12 |trading. That's who you're playing cards against. It's not the dealer. That shoe
423 |422 |00:35:12 ~-~-> 00:35:17 |is a stack, okay? It's a stack, meaning that there's a specific order of the
424 |423 |00:35:17 ~-~-> 00:35:23 |number of cards in a row. It's going to be this rotation. Okay? They're not
425 |424 |00:35:23 ~-~-> 00:35:28 |randomly shuffled. They're not stacked in there where anybody has a free chance
426 |425 |00:35:28 ~-~-> 00:35:32 |to get the random take of a card. If that's not how it works, okay, it's not,
427 |426 |00:35:32 ~-~-> 00:35:38 |it's not how it works. When someone's winning consistently, they will come out
428 |427 |00:35:38 ~-~-> 00:35:42 |and they'll change the shoe. The shoe is that little box. In case you didn't
429 |428 |00:35:42 ~-~-> 00:35:47 |understand what I meant by that. On the table, there's this big box of multiple
430 |429 |00:35:47 ~-~-> 00:35:52 |decks of cards, and they're all stacked in there in a specific order. It's
431 |430 |00:35:52 ~-~-> 00:35:57 |stacked in a way where anybody that understands the game of poker, it will
432 |431 |00:35:57 ~-~-> 00:36:02 |lead them to take a specific card and say, Okay, I'm going to try to play
433 |432 |00:36:02 ~-~-> 00:36:07 |this. I'll discard that. It's not perfect. It's not perfect, but it at
434 |433 |00:36:07 ~-~-> 00:36:14 |least primes them to play the cards that they're given. But if you start making
435 |434 |00:36:14 ~-~-> 00:36:17 |consistent wins at that table, they're going to come out and change the shoe,
436 |435 |00:36:17 ~-~-> 00:36:21 |not because they ran out of cards. They want to disrupt you, because you have
437 |436 |00:36:21 ~-~-> 00:36:26 |now counted the deck. You have that shoe understood, you know exactly what's
438 |437 |00:36:26 ~-~-> 00:36:30 |coming out. That's why count card counters are not allowed to play in
439 |438 |00:36:30 ~-~-> 00:36:34 |casinos. Let me tell you something. I don't care. I don't care. This is, this
440 |439 |00:36:34 ~-~-> 00:36:38 |is my perspective, and you can have a different opinion. But if someone comes
441 |440 |00:36:38 ~-~-> 00:36:42 |in, even with partners, and they're counting cards together, and they have
442 |441 |00:36:42 ~-~-> 00:36:46 |electronic devices telling the other person at the table, hey, look, this is
443 |442 |00:36:46 ~-~-> 00:36:50 |good. This is not good. How the fuck is that cheating? That's not cheating. They
444 |443 |00:36:50 ~-~-> 00:36:54 |don't know what those cards are. They don't know what they are. They're just
445 |444 |00:36:54 ~-~-> 00:36:58 |counting. They have a card counting system. They don't know what card
446 |445 |00:36:58 ~-~-> 00:37:02 |they're going to get. They're just playing the odds of what's what's still
447 |446 |00:37:02 ~-~-> 00:37:06 |available in that deck, how many face cards are still there, how many aces are
448 |447 |00:37:06 ~-~-> 00:37:12 |still there? And when the deck or the shoe goes cold, they got to get away
449 |448 |00:37:12 ~-~-> 00:37:16 |from that table, but they'll cut your arms off. In casinos, you start taking
450 |449 |00:37:16 ~-~-> 00:37:19 |big money from them like that. You won't leave with that money. You won't be
451 |450 |00:37:19 ~-~-> 00:37:23 |allowed to cash those chips in and they're going to try to prosecute you.
452 |451 |00:37:25 ~-~-> 00:37:30 |Imagine that. And here they are, cheating the entire time, cheating, the
453 |452 |00:37:30 ~-~-> 00:37:34 |absolute entire time, guaranteeing that you have all the odds against you, but
454 |453 |00:37:34 ~-~-> 00:37:37 |when you start winning, oh no, you're a cheat. We can't have you here. You got
455 |454 |00:37:37 ~-~-> 00:37:47 |to go the market doesn't like card counters either, and when you know they
456 |455 |00:37:47 ~-~-> 00:37:52 |make it a little bit harder for you. I'll just say it that way. Okay, so what
457 |456 |00:37:52 ~-~-> 00:38:00 |you want to do is learn what it does, how it books price, and then casually
458 |457 |00:38:02 ~-~-> 00:38:07 |grow over a period of time. Don't flash in the pan. Go out there and try to run
459 |458 |00:38:07 ~-~-> 00:38:11 |it up real quick, because all you're going to do is put a spotlight on you,
460 |459 |00:38:11 ~-~-> 00:38:14 |and that will start being a problem for your traits. They'll slip you, they'll
461 |460 |00:38:14 ~-~-> 00:38:22 |re quote you other things that I'm not going to talk about here, but same
462 |461 |00:38:22 ~-~-> 00:38:26 |treatment as a card counter. Let's put it that way and put this in a different
463 |462 |00:38:26 ~-~-> 00:38:32 |approach. So if we can agree, just for the sake of this discussion, just if you
464 |463 |00:38:32 ~-~-> 00:38:36 |don't believe there's an algorithm, this for the purpose of me explaining
465 |464 |00:38:36 ~-~-> 00:38:40 |something to you, just pretend for a moment that you do believe it is okay,
466 |465 |00:38:40 ~-~-> 00:38:44 |and then at the end of the conversation, then you can move back to whatever you
467 |466 |00:38:44 ~-~-> 00:38:49 |want to believe afterwards. But if there is an algorithm, and it controls price,
468 |467 |00:38:49 ~-~-> 00:38:57 |and it only affords the market to go so high or so low for that given day, that
469 |468 |00:38:57 ~-~-> 00:39:03 |means from the time it starts trading to the time it settles for that session,
470 |469 |00:39:05 ~-~-> 00:39:13 |all of that price fluctuation, everybody in the the retail perspective, or I want
471 |470 |00:39:13 ~-~-> 00:39:18 |to see it as random price delivery. And there might be a pattern there that may
472 |471 |00:39:18 ~-~-> 00:39:23 |justify them taking action on it so they have a religious belief in some kind of
473 |472 |00:39:23 ~-~-> 00:39:29 |pattern for the sake of the pattern they're going to buy or sell. And I'm
474 |473 |00:39:29 ~-~-> 00:39:32 |trying to offer you a different perspective, where you should be
475 |474 |00:39:32 ~-~-> 00:39:39 |thinking, Okay, what is the prevailing market sentiment right now about that
476 |475 |00:39:39 ~-~-> 00:39:42 |given market is it likely to continue higher or lower for the next several
477 |476 |00:39:42 ~-~-> 00:39:47 |days, for the up to the whole duration of the new week coming? Okay? Case right
478 |477 |00:39:47 ~-~-> 00:39:53 |now, while we're talking, it is 40, yeah, 40 minutes after 10am Eastern
479 |478 |00:39:53 ~-~-> 00:39:58 |Time. So we have several hours before we get to the the new week opening at six
480 |479 |00:39:58 ~-~-> 00:40:03 |o'clock Eastern time. So. Markets are flat. They're not trading right now, and
481 |480 |00:40:03 ~-~-> 00:40:08 |you should be thinking about what that monthly, that weekly chart is doing.
482 |481 |00:40:10 ~-~-> 00:40:18 |Would would benefiting? Well, I'm sorry, would seeing the price dropping lower to
483 |482 |00:40:18 ~-~-> 00:40:26 |an old low or a a gap of some sort. Would it be beneficial for smart money
484 |483 |00:40:26 ~-~-> 00:40:31 |if they were short? Would it be beneficial based on what that monthly
485 |484 |00:40:31 ~-~-> 00:40:37 |weekly chart shows right now? Would it be beneficial if the market was likely
486 |485 |00:40:37 ~-~-> 00:40:43 |to go higher, if Smart Money was long to go to an old high or go to an
487 |486 |00:40:43 ~-~-> 00:40:48 |inefficiency above where we settled at on Friday? That's your first question
488 |487 |00:40:48 ~-~-> 00:40:52 |every single Saturday or Sunday. Or if you do your analysis in Friday evening
489 |488 |00:40:52 ~-~-> 00:40:58 |or whatever, but before Sunday's opening, you need to do some reflecting
490 |489 |00:40:58 ~-~-> 00:41:03 |on the monthly and the weekly chart, because it should give you a long term,
491 |490 |00:41:03 ~-~-> 00:41:08 |slow expectation where price is likely to go.
492 |491 |00:41:10 ~-~-> 00:41:14 |And if it's not obvious, then drop down to the next lower time frame, which is
493 |492 |00:41:14 ~-~-> 00:41:18 |going to be the daily if you can't ascertain where the market's likely to
494 |493 |00:41:18 ~-~-> 00:41:21 |draw to on the daily chart, then you absolutely have no business dropping
495 |494 |00:41:21 ~-~-> 00:41:26 |down into the lower time frames, because you will be gambling. You will
496 |495 |00:41:26 ~-~-> 00:41:31 |absolutely be gambling, because you won't know trading on these smaller time
497 |496 |00:41:31 ~-~-> 00:41:37 |frames when that next trade you're taking is actually a higher Time Frame
498 |497 |00:41:37 ~-~-> 00:41:41 |entry, that's going to be the biggest displacement. And if you're trading
499 |498 |00:41:41 ~-~-> 00:41:45 |without a stop loss, which I see a lot of that, just look at the screenshots
500 |499 |00:41:45 ~-~-> 00:41:50 |everybody's tossing around between each other, on Twitter, on Facebook, on
501 |500 |00:41:50 ~-~-> 00:41:56 |Instagram, that they don't even put a stop loss on even safe face, because
502 |501 |00:41:56 ~-~-> 00:41:58 |they know if they put a stop loss on there, even though they don't have one,
503 |502 |00:41:58 ~-~-> 00:42:02 |while their trade is panning out in their demo account. They don't want to
504 |503 |00:42:02 ~-~-> 00:42:07 |put that stop loss on, because everybody will know with a record that that's
505 |504 |00:42:07 ~-~-> 00:42:10 |where their stop loss was. And when the market eventually goes down to that
506 |505 |00:42:10 ~-~-> 00:42:13 |level, they would be technically stopped out, because they don't want to get
507 |506 |00:42:13 ~-~-> 00:42:16 |stopped out. They want to hold on to something. If it keeps moving, they can
508 |507 |00:42:16 ~-~-> 00:42:20 |come back and say, See how smart I was. So that's why, when I look at people and
509 |508 |00:42:20 ~-~-> 00:42:24 |they share charts and they say, I've got the same trade as you. ICT, first
510 |509 |00:42:24 ~-~-> 00:42:28 |question is, is I want to see the execution? I want to see the price, not
511 |510 |00:42:28 ~-~-> 00:42:32 |the line, because the line could be three days ago, and it just so happens
512 |511 |00:42:32 ~-~-> 00:42:36 |to look like it moved away from that, that price level. So I call my own
513 |512 |00:42:36 ~-~-> 00:42:41 |students out with that bullshit. When I see people share a trade and they're a
514 |513 |00:42:41 ~-~-> 00:42:46 |student of mine, and they show their entry, and they show their they're
515 |514 |00:42:46 ~-~-> 00:42:50 |getting ready to get their limit order tagged, but there's no stop loss. I'm
516 |515 |00:42:50 ~-~-> 00:42:53 |not congratulating them on their good entry. I'm not congratulating them on
517 |516 |00:42:53 ~-~-> 00:42:57 |the right draw on liquidity as an exit. I'm criticizing them by saying, where's
518 |517 |00:42:57 ~-~-> 00:43:01 |your stop? Use a stop that's mentoring, that's a mentor, that's a mentor, that's
519 |518 |00:43:01 ~-~-> 00:43:05 |someone that's trying to teach responsibility. I'm going to find your
520 |519 |00:43:05 ~-~-> 00:43:10 |weakness because you're ignoring it, and you need to work there and in the
521 |520 |00:43:10 ~-~-> 00:43:17 |marketplace. It capitalizes on everyone's weakness. What are two most
522 |521 |00:43:17 ~-~-> 00:43:25 |critical ones, greed and fear. All it has to do is operate on those two
523 |522 |00:43:26 ~-~-> 00:43:30 |pretenses. It's going to either scare the shit out of you or it's going to
524 |523 |00:43:30 ~-~-> 00:43:33 |entice you that you're going to make a lot of money. Either one of them is
525 |524 |00:43:33 ~-~-> 00:43:39 |going to cause action. It's going to cause a reaction, a response, a cause
526 |525 |00:43:39 ~-~-> 00:43:48 |and effect. You as a human being, you don't always know how you're going to
527 |526 |00:43:48 ~-~-> 00:43:53 |react to something, and especially in trading, because most people don't do a
528 |527 |00:43:53 ~-~-> 00:43:56 |lot of documentation stage of the development the beginning that means
529 |528 |00:43:56 ~-~-> 00:44:01 |journaling, tape reading, identifying in laboratory experiments, with watching
530 |529 |00:44:01 ~-~-> 00:44:05 |price action, recording what your emotions are, even though there's no
531 |530 |00:44:05 ~-~-> 00:44:11 |money on the line, even though you haven't impressed the demo entry, you
532 |531 |00:44:11 ~-~-> 00:44:15 |are emotionally committed to the outcome of whatever opinion you form based on
533 |532 |00:44:15 ~-~-> 00:44:20 |that chart at that time. Don't believe me. Think about this. You've you've
534 |533 |00:44:20 ~-~-> 00:44:26 |opened up your dollar, you opened up Japanese yen. You looked at Coffee
535 |534 |00:44:26 ~-~-> 00:44:29 |futures, if you're commodity trader, you're looking at Bitcoin if you're a
536 |535 |00:44:29 ~-~-> 00:44:36 |crypto Crazy guy. And now for futures, you're watching nq, Dow, NASDAQ. And you
537 |536 |00:44:36 ~-~-> 00:44:39 |look the chart right away, you're like, Oh, he's gonna go here. And it doesn't
538 |537 |00:44:39 ~-~-> 00:44:42 |go, oh, I wasn't it doesn't matter because I wasn't in the trade. You
539 |538 |00:44:42 ~-~-> 00:44:46 |quickly dismiss it. You quickly push it away, like on that matter, no one saw me
540 |539 |00:44:46 ~-~-> 00:44:51 |say that. No one heard me think that I didn't press a demo entry. I don't have
541 |540 |00:44:51 ~-~-> 00:44:54 |to reset a demo account. I didn't take a loss in my funded account. Challenge. I
542 |541 |00:44:54 ~-~-> 00:44:58 |didn't take a loss in my funded account. I didn't lose money in my real account.
543 |542 |00:44:59 ~-~-> 00:45:05 |You're making. Excuses to push it aside. That's the worst thing you could do. You
544 |543 |00:45:05 ~-~-> 00:45:08 |need to explore why you felt that impulse to think, oh, it's going to go
545 |544 |00:45:08 ~-~-> 00:45:13 |up or it's going to go down. To this when you dismiss those instances where
546 |545 |00:45:13 ~-~-> 00:45:22 |you have impulsively committed to some outcome and it doesn't work. The first
547 |546 |00:45:22 ~-~-> 00:45:26 |thing you want to do is push it away like it didn't happen wrong. Because
548 |547 |00:45:27 ~-~-> 00:45:30 |when you start trading with real money, or in a manner where it's going to take
549 |548 |00:45:30 ~-~-> 00:45:35 |from you money or prevent you from reaching your funded account, because
550 |549 |00:45:35 ~-~-> 00:45:42 |you're paying for those accounts, and if you get wrapped up in this loop of
551 |550 |00:45:42 ~-~-> 00:45:46 |ignoring your faults. You keep doing the same thing over and over again, failing
552 |551 |00:45:46 ~-~-> 00:45:49 |and blowing the account and blowing the account and blowing the account and
553 |552 |00:45:49 ~-~-> 00:45:54 |never fixing the underlying issue. And the only thing that increases in fervent
554 |553 |00:45:54 ~-~-> 00:46:01 |peach pace is your pursuit to quickly reset the account or pay for a new
555 |554 |00:46:01 ~-~-> 00:46:07 |challenge, and that just proves that you're out of control. You're not in
556 |555 |00:46:07 ~-~-> 00:46:14 |control. You're emotionally stimulated beyond all comprehension. You're You're
557 |556 |00:46:14 ~-~-> 00:46:18 |hopped up on goofballs. You don't even recognize the fact that you're you're
558 |557 |00:46:18 ~-~-> 00:46:23 |doing everything wrong because now you you're now more passionate about doing
559 |558 |00:46:23 ~-~-> 00:46:28 |it faster and quicker and and that way it'll cancel out that discomfort that
560 |559 |00:46:28 ~-~-> 00:46:32 |you keep blowing the accounts. And you, you look at these people that are honest
561 |560 |00:46:32 ~-~-> 00:46:37 |online, and they're saying they've reset their account 100 plus times. I don't
562 |561 |00:46:37 ~-~-> 00:46:40 |know how much that stuff costs. I've never done it, but that sounds like it's
563 |562 |00:46:40 ~-~-> 00:46:46 |pretty expensive over time. And are you willing to reset 100 times and never
564 |563 |00:46:46 ~-~-> 00:46:51 |make money? Because that's the that's the equivalent of someone that goes to a
565 |564 |00:46:51 ~-~-> 00:46:55 |casino and sits there knowing damn well that they have taken every bit out of
566 |565 |00:46:55 ~-~-> 00:46:58 |their bank account. They only went there with a certain dollar amount. This is
567 |566 |00:46:58 ~-~-> 00:47:04 |all I'm going to spend. But because they can't get out of that loop, that
568 |567 |00:47:04 ~-~-> 00:47:09 |Gambler's loop, where they don't recognize the tells that they have in
569 |568 |00:47:09 ~-~-> 00:47:15 |themselves, that the self destructive impulses that you know, if you've been
570 |569 |00:47:15 ~-~-> 00:47:18 |paying attention, you're about to start feeling that if you don't recognize
571 |570 |00:47:18 ~-~-> 00:47:23 |those things, the market is going to capitalize on that, and it makes it feel
572 |571 |00:47:23 ~-~-> 00:47:29 |like it came after you specifically, because you've ignored all the warning
573 |572 |00:47:29 ~-~-> 00:47:35 |signs that you as a human being, keep materializing and manifesting in your
574 |573 |00:47:35 ~-~-> 00:47:39 |behavior and your thought process, and then your executions or lack of
575 |574 |00:47:39 ~-~-> 00:47:44 |executions, or lack of using a stop loss. That's why, in the beginning, I
576 |575 |00:47:44 ~-~-> 00:47:49 |tell people it's going to be six months before you should ever be pressing the
577 |576 |00:47:49 ~-~-> 00:47:53 |button with money behind it, because not all of you have the same measure of
578 |577 |00:47:54 ~-~-> 00:47:58 |character flaws. Some people have a lot of them, and it may require longer than
579 |578 |00:47:58 ~-~-> 00:48:03 |six months. It depends on how troubled you are, but if you're a very detail
580 |579 |00:48:03 ~-~-> 00:48:08 |oriented person, you're honest about everything, and you're honest about
581 |580 |00:48:08 ~-~-> 00:48:11 |yourself, and you're not trying to be something that you're not. You're not
582 |581 |00:48:11 ~-~-> 00:48:14 |pretending to be someone that's more equipped than you really are. You're
583 |582 |00:48:15 ~-~-> 00:48:19 |probably not going to require six months of figuring out what your problems are,
584 |583 |00:48:19 ~-~-> 00:48:23 |but you have to identify what they are, because otherwise you won't realize that
585 |584 |00:48:23 ~-~-> 00:48:26 |that is your downfall. And what I'm going to teach today, it's going to be
586 |585 |00:48:26 ~-~-> 00:48:30 |the reasons why that takes place. You haven't identified how you're falling
587 |586 |00:48:30 ~-~-> 00:48:36 |victim to yourself. Okay, the market's not beating you. You beat yourself. The
588 |587 |00:48:38 ~-~-> 00:48:44 |market didn't blow your account. You blew it 90% of the time. You knew before
589 |588 |00:48:44 ~-~-> 00:48:47 |you took that last trade that blew your account. You shouldn't have done it, and
590 |589 |00:48:47 ~-~-> 00:48:51 |you shouldn't be doing it, but you didn't. You didn't stop because you're
591 |590 |00:48:51 ~-~-> 00:48:55 |you're caught up in that Gambler's loop. You're numb to it. Oh, well, if I blow
592 |591 |00:48:55 ~-~-> 00:48:59 |it, I'll just reset it, and then I'll feel fresh with a brand new start. But
593 |592 |00:48:59 ~-~-> 00:49:02 |it doesn't feel that way, does it? Because now you're scared the next trade
594 |593 |00:49:02 ~-~-> 00:49:06 |you take on your new one, I don't want to have a losing trade, because that
595 |594 |00:49:06 ~-~-> 00:49:09 |means it's going to freak me out. I'm going to jinx it, and then I'm going to
596 |595 |00:49:09 ~-~-> 00:49:12 |go right back in the same thing. But you lie to yourself in that last trade
597 |596 |00:49:12 ~-~-> 00:49:16 |before your tank gets blown. If I blow it, I'll just reset it, and I'll be
598 |597 |00:49:16 ~-~-> 00:49:19 |fine. But you're not fine. You're building thicker and thicker scar
599 |598 |00:49:19 ~-~-> 00:49:24 |tissue, and it's hard to trade in that. And if you're trying to be an online
600 |599 |00:49:24 ~-~-> 00:49:29 |personification of a successful trader, but you're not proving that, because you
601 |600 |00:49:29 ~-~-> 00:49:36 |haven't reset your accounts, that is even worse of scar tissue. So it's
602 |601 |00:49:36 ~-~-> 00:49:40 |unfortunate because, you know, I teach these things and I prove it, and my
603 |602 |00:49:40 ~-~-> 00:49:44 |students that do, well, listen to it. They they stand out. But I do have
604 |603 |00:49:44 ~-~-> 00:49:47 |students that can trade, but they don't how. They don't know how to wrestle
605 |604 |00:49:47 ~-~-> 00:49:51 |themselves. They haven't done the documentation stage of their own
606 |605 |00:49:51 ~-~-> 00:49:54 |development in the beginning, they didn't do the things I'm teaching in
607 |606 |00:49:54 ~-~-> 00:49:58 |this mentorship. 2024 they have not spent any time doing that. So that's why
608 |607 |00:49:58 ~-~-> 00:50:02 |they have hit and miss. Results. That's why they'll they can make money, they
609 |608 |00:50:02 ~-~-> 00:50:05 |can get a payout or two, and then blow it, and they go into a tailspin for
610 |609 |00:50:05 ~-~-> 00:50:08 |months, and then they might make a little bit of money again down the road,
611 |610 |00:50:08 ~-~-> 00:50:15 |but they may blow it again. What's what's broken? Then they are the
612 |611 |00:50:15 ~-~-> 00:50:20 |underlying issue. You are always going to be the underlying issue. It's not the
613 |612 |00:50:20 ~-~-> 00:50:26 |method. It's not the market doing it to you. It's you. So with that foundation,
614 |613 |00:50:26 ~-~-> 00:50:33 |I want you to think about how 99% of retail traders have no concern for
615 |614 |00:50:34 ~-~-> 00:50:39 |trying to make themselves prepared for the ebb and flow of profitability,
616 |615 |00:50:39 ~-~-> 00:50:42 |losing, profitability, losing in the beginning, they just want it to be a
617 |616 |00:50:42 ~-~-> 00:50:46 |lottery win, and it's off to the races for the rest of life. Thing. Just keep
618 |617 |00:50:46 ~-~-> 00:50:52 |making more money. The way the market capitalizes on that weak mindset is
619 |618 |00:50:52 ~-~-> 00:50:56 |because they're ill equipped. The first thing that the market does every single
620 |619 |00:50:56 ~-~-> 00:51:01 |day is it hides the narrative. What is a narrative? What the market's actually
621 |620 |00:51:01 ~-~-> 00:51:05 |going to do for the day that makes the that makes the daily candle. That's the
622 |621 |00:51:05 ~-~-> 00:51:07 |real candlestick. Range theory,
623 |622 |00:51:09 ~-~-> 00:51:14 |not that bullshit you see fucking panted around on Twitter right now, nonsense.
624 |623 |00:51:15 ~-~-> 00:51:21 |The narrative on how that daily range is going to form. It starts with, are we
625 |624 |00:51:21 ~-~-> 00:51:25 |going to have an up close or a down close on the day? You're not trying to
626 |625 |00:51:25 ~-~-> 00:51:29 |predict the closing price. You're just looking at the monthly, the weekly and
627 |626 |00:51:29 ~-~-> 00:51:35 |the daily to determine what is the probabilities for the market to go lower
628 |627 |00:51:35 ~-~-> 00:51:41 |and close lower or go higher and close higher? What would be, what would be
629 |628 |00:51:41 ~-~-> 00:51:45 |things that would help with that? Well, if the monthly and weekly chart are
630 |629 |00:51:45 ~-~-> 00:51:49 |reaching for an old high, and they're in close proximity to relative to that time
631 |630 |00:51:49 ~-~-> 00:51:54 |frame, it still might be hundreds or 1000 handles away, still, but you can
632 |631 |00:51:54 ~-~-> 00:52:00 |see clearly that it's it's drawing to that higher Time Frame, area of either
633 |632 |00:52:00 ~-~-> 00:52:04 |inefficiency or an old high or low level, something to that effect. And
634 |633 |00:52:04 ~-~-> 00:52:08 |then in a daily chart, you start seeing each individual daily candlestick still
635 |634 |00:52:08 ~-~-> 00:52:12 |moving in that direction, even though they may have one or two days that are
636 |635 |00:52:12 ~-~-> 00:52:16 |opposing that. If we're bullish, you might see one or two down days in the
637 |636 |00:52:16 ~-~-> 00:52:22 |week, but majority of the days of the week, majority of each individual daily
638 |637 |00:52:22 ~-~-> 00:52:26 |candle is using an update that means it's, it's confirming that it's it's
639 |638 |00:52:26 ~-~-> 00:52:34 |gravitating towards that weekly or monthly draw. And by hiding the
640 |639 |00:52:34 ~-~-> 00:52:40 |narrative, I mean that they're going to call some kind of initial excitement.
641 |640 |00:52:40 ~-~-> 00:52:44 |That's the Judah swing in the morning. Okay? And what they'll do is they'll use
642 |641 |00:52:44 ~-~-> 00:52:50 |the 830 news time, even if there is no economic calendar release, 830 still
643 |642 |00:52:50 ~-~-> 00:52:55 |creating some kind of a Judas swing. Now think about that we would expect, oh,
644 |643 |00:52:55 ~-~-> 00:52:58 |the news is going to push the market around. That's they'll say the news
645 |644 |00:52:58 ~-~-> 00:53:04 |pushes price up and down. No, it doesn't the buyers and the sellers at the time
646 |645 |00:53:04 ~-~-> 00:53:08 |of the news, when nobody could even get trades in. But yet, it's buying selling
647 |646 |00:53:08 ~-~-> 00:53:14 |pressure. You see how fast this falls apart, but because they say it to you so
648 |647 |00:53:14 ~-~-> 00:53:17 |many times, and it's in every book, and everybody just regurgitates it and says
649 |648 |00:53:17 ~-~-> 00:53:22 |the same thing over and over again. Hitler. Hitler proved it. You tell a lie
650 |649 |00:53:22 ~-~-> 00:53:25 |big enough and loud enough and long enough, eventually everybody will
651 |650 |00:53:25 ~-~-> 00:53:28 |believe it. But when I'm standing here telling you, this is what it really is
652 |651 |00:53:28 ~-~-> 00:53:33 |doing, and then what I'm telling you, it's going to do, it does it? Not that
653 |652 |00:53:33 ~-~-> 00:53:37 |I'm trying to prove that you need to be right, or that I'm trying to prove that
654 |653 |00:53:37 ~-~-> 00:53:43 |I'm right. I'm just saying the logic is right. That's that's the point here.
655 |654 |00:53:43 ~-~-> 00:53:48 |Okay, so it cuts through all the bullshit that retail stuff leans on and
656 |655 |00:53:48 ~-~-> 00:53:52 |has a religion around, no matter what school of thought you have, the market,
657 |656 |00:53:52 ~-~-> 00:53:58 |okay, if we can personify the market like some people like to believe it is.
658 |657 |00:53:58 ~-~-> 00:54:04 |It's the buying and selling pressure. Okay, okay, well, how is it that the
659 |658 |00:54:04 ~-~-> 00:54:08 |market collectively decides that it's going to run against the traders that
660 |659 |00:54:08 ~-~-> 00:54:13 |use harmonic patterns that day, and maybe not like health traders or the
661 |660 |00:54:13 ~-~-> 00:54:19 |supply and demand guys that have been using the demand zones if that's what
662 |661 |00:54:19 ~-~-> 00:54:23 |they're going to use to get into trades. Why is it that they get they get
663 |662 |00:54:23 ~-~-> 00:54:26 |targeted that day, and not the Elliot wave traders, because they're never all
664 |663 |00:54:26 ~-~-> 00:54:30 |in agreement. And when you take a step back and you think about all this stuff
665 |664 |00:54:30 ~-~-> 00:54:35 |like that, it's like, there must be something else going on. Because is it
666 |665 |00:54:35 ~-~-> 00:54:38 |like, Okay, this week we're gonna let Elliot wave traders do well, because you
667 |666 |00:54:38 ~-~-> 00:54:41 |gotta keep the book sales and core sales and mentors to teach that bullshit. We
668 |667 |00:54:41 ~-~-> 00:54:47 |gotta keep on making money. And then we had to let the Dow Theory and Gan and
669 |668 |00:54:47 ~-~-> 00:54:52 |her cycles do well in the coming weeks too. And then we gotta come back to
670 |669 |00:54:52 ~-~-> 00:54:55 |point and figure, because, you know, there's a lot of old heads still trading
671 |670 |00:54:55 ~-~-> 00:55:03 |with that colors, so half. You kill them all and not have to do very much and
672 |671 |00:55:03 ~-~-> 00:55:12 |make it simple. Run old highs trade to inefficiencies. It's simple. You kill
673 |672 |00:55:12 ~-~-> 00:55:19 |everybody. The algorithm doesn't need to know, like off theory, the algorithm
674 |673 |00:55:19 ~-~-> 00:55:22 |doesn't need to know what harmonic patterns are in play right now? What
675 |674 |00:55:22 ~-~-> 00:55:27 |garlic patterns there? What bat patterns there? I know all about all that shit,
676 |675 |00:55:27 ~-~-> 00:55:32 |the butterflies, all that stuff. Okay, the only butterflies I see in trading is
677 |676 |00:55:32 ~-~-> 00:55:35 |my students, when they're doing it, right? They get butterflies. Okay.
678 |677 |00:55:35 ~-~-> 00:55:38 |There's no fucking butterflies in patterns in the charts. That's That's
679 |678 |00:55:38 ~-~-> 00:55:44 |nonsense. It's garbage. Okay? Again, is another religion. It's a fairy tale. The
680 |679 |00:55:44 ~-~-> 00:55:53 |truth is, the market only goes up to tap into pending buy side liquidity, or it
681 |680 |00:55:53 ~-~-> 00:55:59 |goes up to rebalance and or redeliver to an inefficiency. That's all it goes up
682 |681 |00:55:59 ~-~-> 00:56:05 |for. That's the only reasons why it goes up. The market goes down to trade into
683 |682 |00:56:05 ~-~-> 00:56:08 |sell side liquidity below and low or relative equal lows because there's
684 |683 |00:56:08 ~-~-> 00:56:14 |pending orders down there, or it goes down to a inefficiency. That means, like
685 |684 |00:56:14 ~-~-> 00:56:19 |a fair value gap below market price to reprice to or rebalance that
686 |685 |00:56:19 ~-~-> 00:56:26 |inefficiency. That's the only reason why the markets go down. I'm telling you to
687 |686 |00:56:26 ~-~-> 00:56:31 |just go into the market with that mindset and forget everything else, and
688 |687 |00:56:31 ~-~-> 00:56:35 |suddenly the charts will start talking to you. It'll be clear what it's doing,
689 |688 |00:56:35 ~-~-> 00:56:39 |where it's reaching for it, where it's not going to go. Then when you
690 |689 |00:56:39 ~-~-> 00:56:43 |understand the elements of time that I'm teaching you, you can time when it does
691 |690 |00:56:43 ~-~-> 00:56:51 |these things. Wyckoff doesn't ever teach time. Elliot weed does not teach the
692 |691 |00:56:51 ~-~-> 00:56:58 |times I'm teaching these macros there, it's not there. Folks supplying a man
693 |692 |00:56:58 ~-~-> 00:57:05 |never mentioned it. Larry Williams never mentioned macro times, and he was my
694 |693 |00:57:05 ~-~-> 00:57:10 |first mentor by everything he has in writing, by every single one of them,
695 |694 |00:57:10 ~-~-> 00:57:17 |okay? And I promise you, you'll never see that stuff there. He thought he
696 |695 |00:57:17 ~-~-> 00:57:23 |wasn't the inspiration for the macros. That's not where that came from. That's
697 |696 |00:57:23 ~-~-> 00:57:32 |not where that came from. What's another one? George Angel, no mention of a
698 |697 |00:57:32 ~-~-> 00:57:39 |macro. His spy glass is LSS system for day trading, the s, p makes new mention
699 |698 |00:57:39 ~-~-> 00:57:51 |of it. Zero. Nope. So if we understand that the market makers are, they are the
700 |699 |00:57:51 ~-~-> 00:57:57 |handlers, the owners of the algorithm, the price engine, the engine itself that
701 |700 |00:57:57 ~-~-> 00:58:01 |delivers price. And I'll explain a little bit more detail what that means
702 |701 |00:58:01 ~-~-> 00:58:04 |by a price engine and how it delivers price. You're gonna you're gonna learn a
703 |702 |00:58:04 ~-~-> 00:58:15 |lot today, okay, but the algorithm is owned and handled by the market maker.
704 |703 |00:58:16 ~-~-> 00:58:20 |It's not a it's not a single person, it's a entity, and you're not going to
705 |704 |00:58:20 ~-~-> 00:58:24 |meet them. I'm not going to be able to point to this is where they live. This
706 |705 |00:58:24 ~-~-> 00:58:35 |is where they're at but it's an entity, okay? It's a collection of people that
707 |706 |00:58:35 ~-~-> 00:58:46 |they run it, but you Casino. Okay? So we as speculators, as traders, we go in and
708 |707 |00:58:46 ~-~-> 00:58:52 |we buy and we sell at the price that is offered and controlled by said
709 |708 |00:58:52 ~-~-> 00:58:58 |algorithm. That algorithm has a predetermined script. This is how high
710 |709 |00:58:58 ~-~-> 00:59:01 |it's going to go for the day, and this is how low it's going to go for today.
711 |710 |00:59:01 ~-~-> 00:59:10 |And I've proved this in forex, and I've proved it now and futures, you don't
712 |711 |00:59:10 ~-~-> 00:59:15 |need the trade short the high of day. You don't need to go long below the day,
713 |712 |00:59:16 ~-~-> 00:59:21 |but you need to have an understanding of how and where those levels might form,
714 |713 |00:59:22 ~-~-> 00:59:27 |and you only need to know one of those parameters in the beginning. So that
715 |714 |00:59:27 ~-~-> 00:59:31 |means, if you're bullish, what, what level do you need to worry about most?
716 |715 |00:59:31 ~-~-> 00:59:35 |Not worrying is a good word to use here. But what you what you should be consumed
717 |716 |00:59:35 ~-~-> 00:59:38 |with in terms of pursuing the deeper understanding what price is going to do
718 |717 |00:59:39 ~-~-> 00:59:42 |if you're bullish, if you think that monthly chart and that weekly chart is
719 |718 |00:59:42 ~-~-> 00:59:46 |going to keep going up, and your daily charts just had a down close candle
720 |719 |00:59:46 ~-~-> 00:59:50 |yesterday and hasn't changed anything structurally to indicate that it's going
721 |720 |00:59:50 ~-~-> 00:59:53 |to keep going lower, it just went down into a discount array, into a daily fair
722 |721 |00:59:53 ~-~-> 00:59:59 |value gap, into a daily order block that's bullish and it's reasonable TANF
723 |722 |00:59:59 ~-~-> 01:00:04 |that's. The very next day, what the market's going to open trade down
724 |723 |01:00:04 ~-~-> 01:00:09 |initially, that's due to swing. And in that drop, I'm going to be buying that
725 |724 |01:00:11 ~-~-> 01:00:16 |if I miss it, if I miss the actual entry, because I get to my charts late,
726 |725 |01:00:17 ~-~-> 01:00:22 |something keeps me from seeing if the chart I'm talking to somebody, I just
727 |726 |01:00:23 ~-~-> 01:00:28 |don't see it because I'm human. I miss it. I'm on the phone, anything I could
728 |727 |01:00:28 ~-~-> 01:00:34 |be at the bathroom. There's a number of things that's going to prevent you being
729 |728 |01:00:34 ~-~-> 01:00:39 |in every instance of a trade where you can expect it for me, because I've had a
730 |729 |01:00:39 ~-~-> 01:00:43 |lot of those instances as a younger man, that's why I work so hard at creating
731 |730 |01:00:43 ~-~-> 01:00:46 |new buying and selling opportunities to get into a trade that's already
732 |731 |01:00:46 ~-~-> 01:00:52 |underway. So that's why I got 81 ways to do it. So if you're bullish, you're
733 |732 |01:00:52 ~-~-> 01:00:56 |expecting that initial manipulation. So you're only focusing on worrying about
734 |733 |01:00:56 ~-~-> 01:01:00 |where the low is going to form. If your attention, if you're bullish, you're
735 |734 |01:01:00 ~-~-> 01:01:04 |only worried about how the daily low might form and where it might form at
736 |735 |01:01:04 ~-~-> 01:01:04 |you're not
737 |736 |01:01:07 ~-~-> 01:01:11 |trying to predict the closing price, because chances are, your closing price
738 |737 |01:01:11 ~-~-> 01:01:14 |might be lower than it actually is, and it could just keep going higher and
739 |738 |01:01:14 ~-~-> 01:01:20 |higher and higher. So you go into understanding of the daily candlestick
740 |739 |01:01:20 ~-~-> 01:01:23 |forming by understanding what the monthly and the weekly and the daily
741 |740 |01:01:23 ~-~-> 01:01:28 |charts are indicating. If you had a down close day yesterday, chances are, if
742 |741 |01:01:28 ~-~-> 01:01:31 |you're everything's still bullish, you're probably going to have up close
743 |742 |01:01:31 ~-~-> 01:01:40 |day today. That means at 930 using the NQ ES and Val futures as a medium to
744 |743 |01:01:40 ~-~-> 01:01:46 |talk about this at 930 what I'd like to see in that situation is an initial,
745 |744 |01:01:46 ~-~-> 01:01:53 |small, little rally higher to get people in buying long, and then they drop it
746 |745 |01:01:53 ~-~-> 01:01:58 |down into a discount, some overnight low relative equal lows, some overnight buy
747 |746 |01:01:58 ~-~-> 01:02:06 |side, I'm sorry, sell side liquidity pool, or maybe a fair value gap that's
748 |747 |01:02:06 ~-~-> 01:02:13 |formed between, I don't know, two o'clock in the morning to 930 and if it
749 |748 |01:02:13 ~-~-> 01:02:18 |also overlaps with a new day opening gap, new week opening gap, or a first
750 |749 |01:02:18 ~-~-> 01:02:22 |presented fair value gap from the previous day, chances are that's going
751 |750 |01:02:22 ~-~-> 01:02:28 |to be the love day. But the key is, is, if I'm bullish, I want to see two things
752 |751 |01:02:28 ~-~-> 01:02:34 |happen. I want to see a small, little, minor rally. First, that trips in by
753 |752 |01:02:34 ~-~-> 01:02:38 |side, breakout artists, they're buying on a stop, and then they're going to
754 |753 |01:02:38 ~-~-> 01:02:41 |look for the most recent swing low. That's where their stop loss is. Well,
755 |754 |01:02:41 ~-~-> 01:02:46 |that's where it's going to deduce To and Through. So it's going to jump a little
756 |755 |01:02:46 ~-~-> 01:02:50 |bit, look like it's going to go higher. The public will chase that, even if they
757 |756 |01:02:50 ~-~-> 01:02:54 |don't have an order that's going to buy at a breakout when I'm one or five in
758 |757 |01:02:54 ~-~-> 01:03:00 |the chart. And then it drops and stops them out. And it stops at anyone
759 |758 |01:03:00 ~-~-> 01:03:06 |overnight that may have a long position on that's the perfect scenario for a Jew
760 |759 |01:03:06 ~-~-> 01:03:10 |to swing on a classic by day. Is that complicated? If you're brand new, this
761 |760 |01:03:10 ~-~-> 01:03:13 |is the first time you're listening to me. It probably does sound complicated,
762 |761 |01:03:13 ~-~-> 01:03:18 |but if you've been with me for a little while, that's an easy recipe. It's easy
763 |762 |01:03:21 ~-~-> 01:03:24 |if you don't have a confluence of those factors coming together, where at least
764 |763 |01:03:24 ~-~-> 01:03:27 |three things are telling you something, they're not just a PD, right? There has
765 |764 |01:03:27 ~-~-> 01:03:33 |to be something else there. Time you're inside that opening range, between 930
766 |765 |01:03:33 ~-~-> 01:03:38 |and 10 o'clock, you're seeing buy side trip initially, and then they get rigged
767 |766 |01:03:38 ~-~-> 01:03:42 |across the qualified to drop down, which makes the low of the day. It trades into
768 |767 |01:03:42 ~-~-> 01:03:46 |an overnight which means london session two o'clock in the morning to 930
769 |768 |01:03:46 ~-~-> 01:03:52 |opening bell. Some low there. It doesn't have to go to the lowest low of London
770 |769 |01:03:52 ~-~-> 01:03:59 |either. So at 930 opening price, you'll see a little fluctuation above it that
771 |770 |01:03:59 ~-~-> 01:04:04 |takes by side, and then you'll see this little tail that's dropping down when
772 |771 |01:04:04 ~-~-> 01:04:06 |you're zoomed in on these one minute charts, like you see, every live
773 |772 |01:04:06 ~-~-> 01:04:10 |streamer has their charts zoomed in real, real close. They're never seeing
774 |773 |01:04:10 ~-~-> 01:04:14 |it form because there's too close to the trees to see the forest. So that's why
775 |774 |01:04:14 ~-~-> 01:04:18 |you have to have one time frame that's zoomed out a little bit like a 15 minute
776 |775 |01:04:18 ~-~-> 01:04:20 |time frame. It gives you a perspective that you wouldn't otherwise have,
777 |776 |01:04:20 ~-~-> 01:04:24 |because you zoomed in on these one minute charts, and every individual one
778 |777 |01:04:24 ~-~-> 01:04:27 |minute candle or less, if you're looking at 15 second charts, you're lost. You
779 |778 |01:04:27 ~-~-> 01:04:32 |have no idea what's coming on and then what's what's going on, but you focus on
780 |779 |01:04:32 ~-~-> 01:04:36 |one side of the range. If you're bullish, you're looking for the low the
781 |780 |01:04:36 ~-~-> 01:04:40 |data form. If you're bearish, you're looking for the high that they form. You
782 |781 |01:04:40 ~-~-> 01:04:47 |are not trying to be perfect and timing, you can anticipate it forming in that
783 |782 |01:04:47 ~-~-> 01:04:53 |first hour of trading. So from 930 to 10 o'clock, your high or low will form
784 |783 |01:04:54 ~-~-> 01:04:58 |majority of the time. You'll see that form in the first 30 minutes, sometimes
785 |784 |01:04:58 ~-~-> 01:05:04 |in the first few minutes. But the higher low of the day for equities, or indices
786 |785 |01:05:04 ~-~-> 01:05:08 |rather, is going to form in that first 60 minutes of trading. So 930 to 1030
787 |786 |01:05:10 ~-~-> 01:05:13 |which is not any coincidence as to why I'm teaching my son to focus on his
788 |787 |01:05:13 ~-~-> 01:05:17 |trading being done by 11 o'clock, because he's going to graduate to
789 |788 |01:05:18 ~-~-> 01:05:23 |holding on to a trade past that point based on what he's done in the morning,
790 |789 |01:05:23 ~-~-> 01:05:26 |and he'll trade the whole daily range while everybody else out here, nickel
791 |790 |01:05:26 ~-~-> 01:05:30 |diming it, scalping it here, and scalping it there. He'll do that in the
792 |791 |01:05:30 ~-~-> 01:05:34 |beginning of the day, maybe even pre session, once he gets good. And then
793 |792 |01:05:34 ~-~-> 01:05:38 |he'll nail down the low the day when he's bullish, and he'll hold based on
794 |793 |01:05:38 ~-~-> 01:05:42 |time, that means he's going to stay on the trade until 10 minutes to three
795 |794 |01:05:43 ~-~-> 01:05:47 |Eastern Time minimum, because that's the macro beginning of that last final hour.
796 |795 |01:05:47 ~-~-> 01:05:51 |And then he'll babysit the position after that and trail his stop loss and
797 |796 |01:05:52 ~-~-> 01:05:56 |protect whatever range open profit he has. And that's how you trade the daily
798 |797 |01:05:56 ~-~-> 01:06:04 |range. That's power three. So I just basically outlined how the market makers
799 |798 |01:06:04 ~-~-> 01:06:07 |and how the algorithm will book that that low of the day when it's bullish,
800 |799 |01:06:09 ~-~-> 01:06:15 |they hide the narrative, which is the first thing that they do by having all
801 |800 |01:06:15 ~-~-> 01:06:22 |these little, quirky, little short term fluctuations in price. And they they run
802 |801 |01:06:22 ~-~-> 01:06:26 |by side first to get people to call in, and then when it starts dropping down,
803 |802 |01:06:26 ~-~-> 01:06:30 |people that won the buy that day, they're scared to now buy, so they're
804 |803 |01:06:30 ~-~-> 01:06:34 |hiding the narrative, but they're engineering liquidity. Because some
805 |804 |01:06:34 ~-~-> 01:06:38 |people will say, Okay, I was wrong. Let me now go short. Where are they going to
806 |805 |01:06:38 ~-~-> 01:06:41 |put their short at? Wherever they can get in it, because they're going to
807 |806 |01:06:41 ~-~-> 01:06:45 |chase so where are they gonna put their stop loss at, at the high of the day
808 |807 |01:06:45 ~-~-> 01:06:49 |that's formed so far since 930 so what is that doing? Their engineering
809 |808 |01:06:49 ~-~-> 01:06:56 |liquidity, their engineering liquidity above the initial high the day after 930
810 |809 |01:06:56 ~-~-> 01:07:00 |opening, when it's a bullish day, everything I'm saying here, just reverse
811 |810 |01:07:00 ~-~-> 01:07:08 |everything when it's going lower. It's very simple logic, but they provide a
812 |811 |01:07:08 ~-~-> 01:07:13 |false narrative. It looks like it's going to go down for the day. Oh, look,
813 |812 |01:07:13 ~-~-> 01:07:22 |it went up. It broke resistance here, so it should have went higher. No, no,
814 |813 |01:07:23 ~-~-> 01:07:27 |that's them hiding the narrative, and they're providing a false narrative that
815 |814 |01:07:27 ~-~-> 01:07:31 |here's resistance, broken but failed, and they drop it down, and usually it
816 |815 |01:07:31 ~-~-> 01:07:37 |looks real quick and fast that is inspiring. What excitement? It's
817 |816 |01:07:37 ~-~-> 01:07:41 |excitement. You walk into the casino, nobody's winning anything, all sudden,
818 |817 |01:07:41 ~-~-> 01:07:46 |boom, you get everybody's fever pitch. I'm gonna get lucky now, like, because
819 |818 |01:07:46 ~-~-> 01:07:49 |listen to that noise over everybody screaming higher and clapping, because
820 |819 |01:07:49 ~-~-> 01:07:54 |this guy just finally got the payout on the Jeopardy slot machine gives me
821 |820 |01:07:54 ~-~-> 01:08:00 |$10,000 look at this, man. I'm feeling lucky now. How the hell does that have
822 |821 |01:08:00 ~-~-> 01:08:04 |any bearing on what you're gonna do in next machine? You put money in as none.
823 |822 |01:08:04 ~-~-> 01:08:09 |But they know it excites people. It gets them excited. So we're going to start
824 |823 |01:08:09 ~-~-> 01:08:14 |doing what put more money in the machines. Bet more on the tables. So
825 |824 |01:08:14 ~-~-> 01:08:19 |when they give you that Judith swing, when it's really technically on the
826 |825 |01:08:19 ~-~-> 01:08:23 |monthly, weekly in a daily chart, it's bullish. You should be hunting the
827 |826 |01:08:23 ~-~-> 01:08:27 |little today so you're in, you're expecting some little broken wing
828 |827 |01:08:27 ~-~-> 01:08:33 |attempt to trick people, going in, right out the gate, going up. Never chase
829 |828 |01:08:33 ~-~-> 01:08:36 |that. Never, never, never chase it. There will be instances where it does
830 |829 |01:08:36 ~-~-> 01:08:39 |that and it never creates a juice like it just starts right from the opening
831 |830 |01:08:39 ~-~-> 01:08:44 |bell and goes up. But it's a rarity. It's so rare you should not even worry
832 |831 |01:08:44 ~-~-> 01:08:48 |about it, and that's why I told you in this mentorship, sometimes when the
833 |832 |01:08:48 ~-~-> 01:08:54 |market just starts trading higher, it'll run without me. I don't need that move.
834 |833 |01:08:55 ~-~-> 01:08:58 |I'm gonna let the move come to me. I'm not gonna pursue it and chase it down.
835 |834 |01:08:58 ~-~-> 01:09:02 |If I gotta chase it, it's not in love with me. I want my setups to love me.
836 |835 |01:09:02 ~-~-> 01:09:06 |It's going to run to me. It's going to want to come to where I am. It's going
837 |836 |01:09:06 ~-~-> 01:09:10 |to chase me down. I'm waiting right here for you, love. If you don't want to come
838 |837 |01:09:10 ~-~-> 01:09:16 |to me, see you back to the streets, bitch, you got to go. So hiding the
839 |838 |01:09:16 ~-~-> 01:09:22 |narrative, engineering liquidity and then providing the false narrative
840 |839 |01:09:22 ~-~-> 01:09:25 |that's the June of swing, makes it feel like this market's gonna go lower. It's
841 |840 |01:09:25 ~-~-> 01:09:29 |not. It's just going down to go up. So you're focusing on a bullish scenario.
842 |841 |01:09:29 ~-~-> 01:09:35 |You're hunting and stalking where is that low a day? For me, it's gonna form
843 |842 |01:09:35 ~-~-> 01:09:39 |in that first 60 minutes. Don't take my word for it, that test that now, now you
844 |843 |01:09:39 ~-~-> 01:09:43 |have one more piece of information that you can go through all your charts and
845 |844 |01:09:43 ~-~-> 01:09:47 |see how much validity is there, how much truth is in that statement this gave
846 |845 |01:09:47 ~-~-> 01:09:54 |you, then what it does is it delivers price to retail liquidity. That means,
847 |846 |01:09:54 ~-~-> 01:10:01 |once it makes its low, it's ran overnight stops. So if they're long,
848 |847 |01:10:01 ~-~-> 01:10:05 |they're not going to be allowed to participate in the now profit lease of
849 |848 |01:10:05 ~-~-> 01:10:10 |the move higher that creates the daily range going up and closing higher on the
850 |849 |01:10:10 ~-~-> 01:10:10 |day.
851 |850 |01:10:12 ~-~-> 01:10:19 |So now that liquidity that would have been used to protect early longs over
852 |851 |01:10:19 ~-~-> 01:10:23 |the london session, they get stopped out, so they're not allowed to be in
853 |852 |01:10:23 ~-~-> 01:10:27 |that move either. That's what the algorithm does. That's what the market
854 |853 |01:10:27 ~-~-> 01:10:34 |makers asked of the coders. It needs to do these types of things. Unseat the
855 |854 |01:10:34 ~-~-> 01:10:39 |potentially profitable, because if you unseat them, their orders to protect
856 |855 |01:10:39 ~-~-> 01:10:45 |their position is a order entry mechanism to pair smart money with that
857 |856 |01:10:45 ~-~-> 01:10:51 |entry price. So they're buying at a willing seller at a deep, deep discount.
858 |857 |01:10:52 ~-~-> 01:10:57 |That's the basis of why sell side is a as a factor that liquidity. Yes, it's a
859 |858 |01:10:57 ~-~-> 01:11:00 |form of protection for you and I and anybody that employs it to say, I don't
860 |859 |01:11:00 ~-~-> 01:11:07 |want to lose more money that goes beyond this level or price. But the market
861 |860 |01:11:07 ~-~-> 01:11:13 |maker cannibalizes traders that use that logic when they want the reins to go a
862 |861 |01:11:13 ~-~-> 01:11:18 |specific direction, higher or lower in the first 60 minutes, they're using that
863 |862 |01:11:18 ~-~-> 01:11:23 |mechanism of the Judas to go down when it's bullish, to absorb all the sell
864 |863 |01:11:23 ~-~-> 01:11:29 |stops that it can because it floods the market with what market orders to buy,
865 |864 |01:11:30 ~-~-> 01:11:35 |which is easy to pair up with that sell side that's being flooded to be market
866 |865 |01:11:35 ~-~-> 01:11:38 |orders that come in, sell at the market, sell to market, because every sell stop
867 |866 |01:11:38 ~-~-> 01:11:43 |when it's activated becomes a market order to sell that market. Well, who's
868 |867 |01:11:43 ~-~-> 01:11:46 |willing to buy that? Someone that believes the market's going to go up
869 |868 |01:11:46 ~-~-> 01:11:55 |from that low, deep discount price. Who might that be smart money? The market
870 |869 |01:11:55 ~-~-> 01:12:01 |maker has control and ownership of the audio. They have the rights to control
871 |870 |01:12:01 ~-~-> 01:12:07 |and manipulate and manual intervene in price. Most of the time it's pre
872 |871 |01:12:07 ~-~-> 01:12:13 |scripted AI delivery of price, the low and the highest form, and the script is
873 |872 |01:12:13 ~-~-> 01:12:18 |runs. Now you're thinking, This can't be true, because I can see orders on the
874 |873 |01:12:18 ~-~-> 01:12:23 |depth of market in the ladder and yada yada, this and yada yada that. Okay, why
875 |874 |01:12:23 ~-~-> 01:12:31 |is that big block of 500 or 300 or 200 that just sits outside of the fair value
876 |875 |01:12:31 ~-~-> 01:12:35 |gap that it trades down to perfectly to the tick, but it doesn't go down to that
877 |876 |01:12:35 ~-~-> 01:12:39 |block of orders that that level two slashing. Why doesn't it go there? If
878 |877 |01:12:39 ~-~-> 01:12:44 |it's buying and selling pressure. If it's selling pressure, why wouldn't the
879 |878 |01:12:44 ~-~-> 01:12:49 |market just skip right down there to those orders? Oh, now you have a
880 |879 |01:12:49 ~-~-> 01:12:53 |problem. You have an argument to wrestle with. Because I'm telling you level two
881 |880 |01:12:53 ~-~-> 01:12:56 |data, depth of market, all that bullshit. That's a red herring. It's the
882 |881 |01:12:56 ~-~-> 01:13:00 |make you think you have X ray vision, that you have some kind of superpower.
883 |882 |01:13:00 ~-~-> 01:13:05 |You're now on the same level playing field as the market professionals. When
884 |883 |01:13:05 ~-~-> 01:13:10 |I say that, I'm not talking about Goldman Sachs, I'm talking about Smart
885 |884 |01:13:10 ~-~-> 01:13:13 |Money traders, the people that don't do courses, the people that are not on
886 |885 |01:13:13 ~-~-> 01:13:16 |CNBC, the people you're never going to meet, they don't have name tags, they're
887 |886 |01:13:16 ~-~-> 01:13:22 |not LinkedIn, they're not out there trying to promote that they don't go
888 |887 |01:13:22 ~-~-> 01:13:26 |around calling themselves a Smart Money trader. That's me dubbing what they are.
889 |888 |01:13:26 ~-~-> 01:13:30 |Who are they? They are people that understand this algorithm. They
890 |889 |01:13:31 ~-~-> 01:13:35 |understand what price is going to do before it does it, and they know how it
891 |890 |01:13:35 ~-~-> 01:13:41 |cannibalizes retail traders, not just retail traders like you think, like Tom
892 |891 |01:13:41 ~-~-> 01:13:46 |Dick and Harry, that's, you know, just recently started up trading. They
893 |892 |01:13:46 ~-~-> 01:13:54 |cannibalize the Goldman Sachs boys. They they cannibalize every institution out
894 |893 |01:13:54 ~-~-> 01:14:00 |there has a role in that. It's not just anyone. All of them do it. They all fall
895 |894 |01:14:00 ~-~-> 01:14:05 |victim, and they also participate. But there is a class of traders that are
896 |895 |01:14:06 ~-~-> 01:14:10 |never identified. They're never identified, they're never drawn any
897 |896 |01:14:10 ~-~-> 01:14:17 |attention to themselves, and they're constantly in these markets all day
898 |897 |01:14:17 ~-~-> 01:14:24 |long, reaping and reaping and reaping, and you never hear anybody talk about
899 |898 |01:14:24 ~-~-> 01:14:28 |them. I'm the first one to talk about them, and I get labeled a crackpot. But
900 |899 |01:14:28 ~-~-> 01:14:31 |how the fuck is it that I can tell you to the tick how these markets are gonna
901 |900 |01:14:31 ~-~-> 01:14:36 |behave? How could I possibly know those things? How could that happen?
902 |901 |01:14:38 ~-~-> 01:14:41 |Randomness? I learned these things from other books is that you're saying
903 |902 |01:14:41 ~-~-> 01:14:47 |because find that shit in the books. It's not there. And again, if it was
904 |903 |01:14:47 ~-~-> 01:14:51 |based on those things, somebody else could trade like me using that same
905 |904 |01:14:51 ~-~-> 01:14:55 |stuff, and just say, Oh, it's just Elliot wave, oh, it's just pit sports.
906 |905 |01:14:55 ~-~-> 01:15:05 |Oh, it's Gan or Hearst cycles, or it's. Yes, whatever fill in the blank. I
907 |906 |01:15:05 ~-~-> 01:15:10 |haven't even showed you anything yet, and I've already blown your socks off.
908 |907 |01:15:10 ~-~-> 01:15:14 |People are already finding setups immediately, immediately, using what
909 |908 |01:15:14 ~-~-> 01:15:17 |I've taught so far in this 2024, mentorship, they're immediately finding
910 |909 |01:15:17 ~-~-> 01:15:20 |setups. They're like, What the hell, dude, it's been like this the whole
911 |910 |01:15:20 ~-~-> 01:15:26 |time. Yeah, for 30 years it's been like that. 30 years has been like that. And
912 |911 |01:15:26 ~-~-> 01:15:32 |I, honestly, I I'm loving the fact that I can live vicariously through all of
913 |912 |01:15:32 ~-~-> 01:15:35 |you, your moments when you when you see it happening, and you're like, Oh, I
914 |913 |01:15:35 ~-~-> 01:15:39 |know exactly what this about to do. And, boom, you can do it. That's exciting to
915 |914 |01:15:39 ~-~-> 01:15:43 |me. I get my rocks off with that, because, just because I can see it
916 |915 |01:15:43 ~-~-> 01:15:49 |happening, making money is not exciting. That's not exciting seeing other people
917 |916 |01:15:49 ~-~-> 01:15:54 |become passionate about their life, their future, that they're inspired by
918 |917 |01:15:54 ~-~-> 01:15:58 |now this new talent, skill that they know, that they have, something that can
919 |918 |01:15:58 ~-~-> 01:16:02 |feed themselves and their family, and it could pass it on to their children, and
920 |919 |01:16:02 ~-~-> 01:16:06 |fuck college, because they're institutional centers where you're
921 |920 |01:16:06 ~-~-> 01:16:10 |indoctrinated to believe stupid shit. You need to be a free thinking,
922 |921 |01:16:10 ~-~-> 01:16:15 |independent thinker, and you can only do that is if you can carve out your own
923 |922 |01:16:15 ~-~-> 01:16:18 |paycheck and you can say how much you're worth, if you submit yourself to
924 |923 |01:16:18 ~-~-> 01:16:22 |somebody else and say, I'm going to give you all my time this week. I'm going to
925 |924 |01:16:22 ~-~-> 01:16:26 |let you tell me when I have to be here and when I can go home, and how much
926 |925 |01:16:26 ~-~-> 01:16:32 |you're willing to pay me. I'm going to accept that fuck that. That's not me,
927 |926 |01:16:32 ~-~-> 01:16:36 |and if that's you, good luck with it. But that's not what I'm teaching I'm
928 |927 |01:16:36 ~-~-> 01:16:40 |teaching you how to escape that stuff. So once it delivers the retail
929 |928 |01:16:40 ~-~-> 01:16:46 |liquidity, then it's going to start repricing higher. So the first mode of
930 |929 |01:16:47 ~-~-> 01:16:52 |banking profit, these smart money entities, will run those buy stops that
931 |930 |01:16:52 ~-~-> 01:16:58 |are formed after the little initial rally up. So now the new high a day,
932 |931 |01:16:59 ~-~-> 01:17:04 |within that first 30 minutes or hour they'll run to that and that deep
933 |932 |01:17:04 ~-~-> 01:17:10 |discount they bought at, they'll offload some of that there. So you'll see prints
934 |933 |01:17:11 ~-~-> 01:17:14 |on your level two data where, oh yeah, there's trades taking place. There's
935 |934 |01:17:14 ~-~-> 01:17:17 |always going to be trades taking place like that, because the smart money is in
936 |935 |01:17:17 ~-~-> 01:17:23 |there doing those very things. Everybody's also seeing retail traders
937 |936 |01:17:23 ~-~-> 01:17:26 |do what? Chase price? Oh, it's going up. Well, let me just go in there and buy it
938 |937 |01:17:26 ~-~-> 01:17:29 |at the market. You only need one contract trader to print that that
939 |938 |01:17:29 ~-~-> 01:17:33 |price. So the algorithm is going to keep doing what? From the time it makes that
940 |939 |01:17:33 ~-~-> 01:17:39 |low of day, it's just going to keep printing, offering higher prices,
941 |940 |01:17:39 ~-~-> 01:17:43 |knowing full well that there's going to be a market order coming in at all times
942 |941 |01:17:43 ~-~-> 01:17:47 |it then it'll book that price. And you're if you're short, you're sitting
943 |942 |01:17:47 ~-~-> 01:17:50 |there watching it, okay? I hope it starts going back down now, but the
944 |943 |01:17:50 ~-~-> 01:17:53 |algorithm saying, No, I'm not, but you're not paying attention, because you
945 |944 |01:17:53 ~-~-> 01:17:57 |don't believe there's an algorithm. And it just keeps booking higher prices,
946 |945 |01:17:57 ~-~-> 01:18:00 |offering higher prices, higher prices. It moves into a buy program. There's no
947 |946 |01:18:00 ~-~-> 01:18:04 |retracements, there's no gas, there's no fair value gaps, it just keeps going
948 |947 |01:18:04 ~-~-> 01:18:08 |higher. What do you do with that situation? In your situation, you're
949 |948 |01:18:08 ~-~-> 01:18:12 |losing, you're going to hold on to the potentially open profit that is eroded,
950 |949 |01:18:13 ~-~-> 01:18:17 |and as it keeps marching up to that initial high of the day prior to the
951 |950 |01:18:17 ~-~-> 01:18:21 |juice, swing lower, then it'll really quick jumps up because it doesn't want
952 |951 |01:18:21 ~-~-> 01:18:24 |to let the people that have their buy stop sitting there, pull them because
953 |952 |01:18:24 ~-~-> 01:18:28 |they want that liquidity there. And what does it do? It keeps them from pulling
954 |953 |01:18:28 ~-~-> 01:18:33 |their orders there. And I'll say that excitement, it looks like it's a
955 |954 |01:18:33 ~-~-> 01:18:37 |breakout. Oh, look at that. Oh, it's a breakout. And now you'll see the price
956 |955 |01:18:37 ~-~-> 01:18:42 |really start to take off, because they don't want everybody being able to pilot
957 |956 |01:18:42 ~-~-> 01:18:47 |on those deep discount prices, because they want to get it quicker to the high
958 |957 |01:18:47 ~-~-> 01:18:52 |of the day. So classic buy days, they don't spend a lot of time near the low.
959 |958 |01:18:53 ~-~-> 01:18:57 |There's a whole lot of energy that takes off when it finishes, due to swing it
960 |959 |01:18:57 ~-~-> 01:19:02 |goes, takes off. So you have to be positioned at that initial high of the
961 |960 |01:19:02 ~-~-> 01:19:08 |day prior to the Judah swing anywhere from that high down, being long is
962 |961 |01:19:08 ~-~-> 01:19:15 |ideal, and be comfortable knowing that you probably will never see that range
963 |962 |01:19:15 ~-~-> 01:19:19 |from the initial high being taken out to the Judah swing low, you'll never see
964 |963 |01:19:19 ~-~-> 01:19:24 |that range that creates that ever traded to the rest of the day. So you don't
965 |964 |01:19:24 ~-~-> 01:19:29 |have to have your stop loss at the low of the day. You can go back three PD
966 |965 |01:19:29 ~-~-> 01:19:35 |arrays in that range, put your stop loss there and just let it go. Go do
967 |966 |01:19:35 ~-~-> 01:19:39 |something else. Go do something stupid, like play golf, tear up your back. Go do
968 |967 |01:19:39 ~-~-> 01:19:44 |something that's fun, like go fishing, go take a nap, go take your spouse out,
969 |968 |01:19:44 ~-~-> 01:19:48 |or your you your significant other. Go, go have lunch. Don't even look at your
970 |969 |01:19:48 ~-~-> 01:19:54 |charts. Just let it go, and then come back 10 minutes to three and see how
971 |970 |01:19:54 ~-~-> 01:19:59 |much of the range you now have under your trade and how many times that you
972 |971 |01:19:59 ~-~-> 01:20:02 |may have done. Something silly and small, little short term, little moves
973 |972 |01:20:02 ~-~-> 01:20:04 |and never had the whole daily range.
974 |973 |01:20:06 ~-~-> 01:20:11 |If you start training that way, anywhere between four to six days a month. Those
975 |974 |01:20:11 ~-~-> 01:20:15 |are those are those types of scenarios. They're not an everyday instance, but
976 |975 |01:20:15 ~-~-> 01:20:21 |four to six days out of a month, there are very easy classic buy days. And
977 |976 |01:20:21 ~-~-> 01:20:26 |obviously the other thing is said on the opposite spectrum, where you'll have
978 |977 |01:20:26 ~-~-> 01:20:29 |four to six down days that are classic sell days, where you can hope the whole
979 |978 |01:20:29 ~-~-> 01:20:33 |daily range. Everything else other than that, is days that you're going to have
980 |979 |01:20:33 ~-~-> 01:20:37 |to be a trader that buys and sells intraday, or you stick with the
981 |980 |01:20:37 ~-~-> 01:20:41 |underlying narrative that constitutes your reasons for being a buyer or seller
982 |981 |01:20:41 ~-~-> 01:20:45 |for classic by days, because the monthly and the weekly chart indicates to you
983 |982 |01:20:45 ~-~-> 01:20:48 |that it's likely keep moving higher. Well, then you want to stick to being a
984 |983 |01:20:48 ~-~-> 01:20:51 |buyer, and if the monthly and weekly expected to go lower, you want to stick
985 |984 |01:20:51 ~-~-> 01:20:55 |to being a short seller, and that way you won't ever miss those classic by
986 |985 |01:20:55 ~-~-> 01:20:59 |days when it's bullish or classic sell days when you're bearish. But if you
987 |986 |01:20:59 ~-~-> 01:21:03 |don't have that in your analysis, you need to start implementing that, because
988 |987 |01:21:03 ~-~-> 01:21:06 |that's why you're missing the big moves. That's why you're not on side most of
989 |988 |01:21:06 ~-~-> 01:21:09 |the time, because you don't you're not spending a little bit of time. It
990 |989 |01:21:09 ~-~-> 01:21:13 |doesn't take very much time at all, like minutes, just minutes looking at the
991 |990 |01:21:13 ~-~-> 01:21:17 |monthly and the weekly and daily to determine what the weekly range might be
992 |991 |01:21:17 ~-~-> 01:21:23 |like this week. What could it reach for? What could it reach for prior to that
993 |992 |01:21:23 ~-~-> 01:21:27 |target? So there's going to be a graduated degree of your best scenario,
994 |993 |01:21:27 ~-~-> 01:21:33 |your best case scenario. It could go up to this level, or a reasonable level
995 |994 |01:21:33 ~-~-> 01:21:39 |would be 250 to 350 handles higher than where we settled the previous week. So
996 |995 |01:21:39 ~-~-> 01:21:44 |if you're bullish, what, what PDA raised in that range, if you just worked with
997 |996 |01:21:44 ~-~-> 01:21:48 |that, you're going to be luckier, said everybody else, and vice versa, if
998 |997 |01:21:48 ~-~-> 01:21:57 |you're bearish. So when that judicially occurs, what your mindset should be is
999 |998 |01:21:57 ~-~-> 01:22:04 |okay, if there is an algorithm, and if there is a entity out there that is
1000 |999 |01:22:04 ~-~-> 01:22:09 |collectively interested in trading with what it does and how it books price, how
1001 |1000 |01:22:09 ~-~-> 01:22:14 |it makes price behave a certain way, because I've already said this many
1002 |1001 |01:22:14 ~-~-> 01:22:20 |times before, if we had control with the sheer volume that as all of us traders
1003 |1002 |01:22:20 ~-~-> 01:22:26 |come together, we could manipulate the price much, much more than what we see,
1004 |1003 |01:22:27 ~-~-> 01:22:32 |and it doesn't happen. And they give you things like the circuit breaker rule. Oh
1005 |1004 |01:22:32 ~-~-> 01:22:38 |well, you know, it seems like it makes it sound like, oh yeah, we have to stop
1006 |1005 |01:22:38 ~-~-> 01:22:45 |the randomness of all you buying and selling. That's not what that is. That's
1007 |1006 |01:22:45 ~-~-> 01:22:50 |not what's going on. But it sounds good, doesn't it? It sounds like they're,
1008 |1007 |01:22:50 ~-~-> 01:22:54 |they're they're controlling the wild stallions. We got to keep you guys from
1009 |1008 |01:22:54 ~-~-> 01:22:57 |crashing the market. We got to keep you guys from sending it to the moon. It's
1010 |1009 |01:22:57 ~-~-> 01:23:02 |not fair. Why wouldn't they want it to go to the moon? Think about that. How is
1011 |1010 |01:23:02 ~-~-> 01:23:08 |this for an argument? Why would they ever want to stop, slow down the market?
1012 |1011 |01:23:08 ~-~-> 01:23:17 |Okay, come on, the moon's not always up. Sometimes the moon's under so much fun,
1013 |1012 |01:23:18 ~-~-> 01:23:22 |but once the Submit, once the smart money traders buy near the low or at the
1014 |1013 |01:23:22 ~-~-> 01:23:28 |low, they submit to time they know that the algorithm is going to do what the
1015 |1014 |01:23:28 ~-~-> 01:23:33 |algorithm does, which is now keep offering higher prices. And it matters
1016 |1015 |01:23:33 ~-~-> 01:23:37 |not how many people come in and sell short, it just it's going to keep
1017 |1016 |01:23:37 ~-~-> 01:23:41 |offering higher prices. And as it goes throughout the day, you'll have small,
1018 |1017 |01:23:41 ~-~-> 01:23:46 |little intermediate term retracements, which is during the lunch hour. And what
1019 |1018 |01:23:46 ~-~-> 01:23:52 |you'll look for on a classic by day is the initial high of the day that drops
1020 |1019 |01:23:52 ~-~-> 01:23:56 |right down from there to make the Judah swing low, which is the low of the daily
1021 |1020 |01:23:56 ~-~-> 01:24:01 |candlestick, forming any short term high that's above that initial high the day
1022 |1021 |01:24:01 ~-~-> 01:24:06 |that my side was engineered. At rates you to swing lower, there's going to be
1023 |1022 |01:24:06 ~-~-> 01:24:13 |a higher swing low, the lunch hour will many times drop down to that and it'll
1024 |1023 |01:24:13 ~-~-> 01:24:17 |clear the stops anyone that's trailed it there, and it won't return to the high
1025 |1024 |01:24:17 ~-~-> 01:24:21 |order due to swing. But classic Support Resistance traders will think it's going
1026 |1025 |01:24:21 ~-~-> 01:24:26 |to go there, it won't. You go there. It won't. And usually, in between that
1027 |1026 |01:24:26 ~-~-> 01:24:32 |initial high and the low that forms in a lunch hour retracement, there'll be some
1028 |1027 |01:24:32 ~-~-> 01:24:35 |kind of a fair value that stays open. And that's a breakaway, that's a
1029 |1028 |01:24:35 ~-~-> 01:24:40 |breakaway guy. So I'm fleshing out the entire daily range for you, and don't
1030 |1029 |01:24:40 ~-~-> 01:24:43 |take my word for it. Go back and look at Classic five days, and you'll see these
1031 |1030 |01:24:43 ~-~-> 01:24:46 |things are there. And that can only be there because it's driven by an
1032 |1031 |01:24:46 ~-~-> 01:24:52 |algorithm. That means it's running a script. It does these things that's been
1033 |1032 |01:24:52 ~-~-> 01:24:59 |it's been coded, and it, it's astonishing. It's It's astonishing when
1034 |1033 |01:24:59 ~-~-> 01:25:03 |you anticipate and. They see it happening. And it's a weird feeling. It
1035 |1034 |01:25:03 ~-~-> 01:25:08 |makes you feel like I shouldn't know this. I should not I should not know
1036 |1035 |01:25:08 ~-~-> 01:25:12 |this, like it feels like a dream, like state. It feels like you're in a dream,
1037 |1036 |01:25:12 ~-~-> 01:25:18 |because what you're seeing happen, you anticipated it, and then you're seeing
1038 |1037 |01:25:18 ~-~-> 01:25:21 |it, and then when you get good at anticipating it, then you can execute on
1039 |1038 |01:25:21 ~-~-> 01:25:27 |it, and then what do you do with that whole field of dreams is in front of
1040 |1039 |01:25:27 ~-~-> 01:25:31 |you? Then you're still have losing trades. You still can stop the album
1041 |1040 |01:25:31 ~-~-> 01:25:34 |Days you think it's a classified. That's okay. If you stick with this logic,
1042 |1041 |01:25:34 ~-~-> 01:25:43 |it'll serve you well in your pursuit. Market making is not dealing. I have
1043 |1042 |01:25:44 ~-~-> 01:25:49 |dealers in my mentorship. I have students that were ex, quote, unquote
1044 |1043 |01:25:49 ~-~-> 01:25:57 |market makers for a options desk at so and so, brokerage, large Institute. I'm
1045 |1044 |01:25:58 ~-~-> 01:26:02 |not going to say their names, but there you would know them unequivocally. You
1046 |1045 |01:26:02 ~-~-> 01:26:06 |would know like, these are big name industries, and they're large
1047 |1046 |01:26:06 ~-~-> 01:26:13 |institutions, and since learning from me, a lot of them have come forward, and
1048 |1047 |01:26:13 ~-~-> 01:26:16 |they're like, listen and gain confidence. I'm telling you this, so
1049 |1048 |01:26:16 ~-~-> 01:26:21 |please don't say you know who I am or whatever. But this is the facts, okay,
1050 |1049 |01:26:22 ~-~-> 01:26:26 |these same individuals had admitted that while they were being a dealer, and
1051 |1050 |01:26:26 ~-~-> 01:26:29 |their their title was called Market Maker. They were a market maker at the
1052 |1051 |01:26:33 ~-~-> 01:26:37 |I'm gonna be careful, because if I say it, I broke my promise to them, but
1053 |1052 |01:26:37 ~-~-> 01:26:42 |let's just say, at a specific options desk, okay, they are the market maker
1054 |1053 |01:26:42 ~-~-> 01:26:53 |for that options desk, for that trading firm, and they admitted that they had no
1055 |1054 |01:26:53 ~-~-> 01:27:00 |idea what price was going to do, but they were offering the mechanism of
1056 |1055 |01:27:01 ~-~-> 01:27:06 |putting buyers and sellers together at that institute or that firm, that's not
1057 |1056 |01:27:06 ~-~-> 01:27:10 |market making. You're dealing you're dealing in a price feed that you don't
1058 |1057 |01:27:10 ~-~-> 01:27:16 |control, period. And that's not what I say or mean when I say a market maker
1059 |1058 |01:27:17 ~-~-> 01:27:21 |the price. And let's go back to a currency, okay? Because it makes it a
1060 |1059 |01:27:21 ~-~-> 01:27:32 |whole lot easier to explain euro dollar. Okay, so the euro, when you're buying
1061 |1060 |01:27:32 ~-~-> 01:27:40 |and selling Euro, when the moves going up, that move up was not instigated or
1062 |1061 |01:27:40 ~-~-> 01:27:50 |propelled by buyers the the transition from a old price level to now current
1063 |1062 |01:27:50 ~-~-> 01:27:56 |market price that may be higher, the only thing that that chart is indicating
1064 |1063 |01:27:56 ~-~-> 01:28:02 |and recording is transactions that occurred while that price moved, moved
1065 |1064 |01:28:02 ~-~-> 01:28:07 |from one price to another. It doesn't even matter how many people would have
1066 |1065 |01:28:07 ~-~-> 01:28:11 |bought Eurodollar if it was going to go there, because it's ran on algorithm.
1067 |1066 |01:28:11 ~-~-> 01:28:17 |It's going there. It doesn't matter how many lots were purchased, because it's
1068 |1067 |01:28:17 ~-~-> 01:28:22 |going to keep going up, and he knows that there's going to be buyers and
1069 |1068 |01:28:22 ~-~-> 01:28:29 |sellers that come in at any given time because of just impulsiveness, and we're
1070 |1069 |01:28:29 ~-~-> 01:28:34 |seeing that transaction. But what you've been told and been lied to about is
1071 |1070 |01:28:34 ~-~-> 01:28:44 |that's what caused the market to go up there. Look at a commodity market. Okay,
1072 |1071 |01:28:44 ~-~-> 01:28:51 |look at a commodity market. And when you look at the volume of that market and
1073 |1072 |01:28:51 ~-~-> 01:28:55 |look at the price runs that occur there, you'll see price runs that have X amount
1074 |1073 |01:28:55 ~-~-> 01:29:02 |of contracts that calls a rally up, and then it retraces down, and then there's
1075 |1074 |01:29:02 ~-~-> 01:29:06 |another rally. Happens later on. It's faster. It gets to a higher, high,
1076 |1075 |01:29:06 ~-~-> 01:29:12 |faster, but it does it on very, very, very low volume. Why would it have at
1077 |1076 |01:29:12 ~-~-> 01:29:16 |least the same amount of volume that the first leg did, if not more? Because it
1078 |1077 |01:29:16 ~-~-> 01:29:23 |moves faster, because it's being offered by an algorithm. It's electronic
1079 |1078 |01:29:23 ~-~-> 01:29:29 |trading. The pits don't exist like they used to before electronic trading, the
1080 |1079 |01:29:29 ~-~-> 01:29:32 |pits would see the price scheme. What are they looking at? That board up there
1081 |1080 |01:29:32 ~-~-> 01:29:36 |on the wall? That's their price. The price is not in their fucking hands.
1082 |1081 |01:29:37 ~-~-> 01:29:40 |They're not controlling price. They're looking up right now, what's the price
1083 |1082 |01:29:40 ~-~-> 01:29:44 |right now? And they're saying, Okay, I will buy this. I will sell this. Where'd
1084 |1083 |01:29:44 ~-~-> 01:29:52 |that price come from? The market maker. They're in control. It used to be about
1085 |1084 |01:29:52 ~-~-> 01:29:54 |seven to 10 gentlemen that used to sit around
1086 |1085 |01:29:56 ~-~-> 01:30:00 |and they would book price. They would control price. You. That's the way it
1087 |1086 |01:30:00 ~-~-> 01:30:06 |was, and that price would be given to the floor, and the floor does their
1088 |1087 |01:30:06 ~-~-> 01:30:10 |transactions, and you have the all floor people like you and I, speculators, Don
1089 |1088 |01:30:10 ~-~-> 01:30:13 |Q Public, we would buy or sell based on our patterns or whatnot, and the only
1090 |1089 |01:30:13 ~-~-> 01:30:18 |thing that's recording is our interest at that time. But the movement between
1091 |1090 |01:30:18 ~-~-> 01:30:22 |one price point to the next is already predetermined. The highest time, the
1092 |1091 |01:30:22 ~-~-> 01:30:26 |lowest, low today, is already predetermined. All you have to do is
1093 |1092 |01:30:26 ~-~-> 01:30:31 |study volume, and you'll see that there's price runs that have very, very
1094 |1093 |01:30:31 ~-~-> 01:30:38 |low volume, but they move larger. Why is that happening? Because the people that
1095 |1094 |01:30:38 ~-~-> 01:30:45 |control price are constantly offering higher prices. If Michael Jordan back in
1096 |1095 |01:30:45 ~-~-> 01:30:53 |when he was really popular, if he would introduce the new shoe through Nike,
1097 |1096 |01:30:54 ~-~-> 01:30:59 |everybody would go crazy, typically, because they want to have that shoe. He
1098 |1097 |01:30:59 ~-~-> 01:31:09 |was the the Judas how to separate foals from their money? Well, here you go.
1099 |1098 |01:31:09 ~-~-> 01:31:14 |Michael Jordan, let me buy something for 100 plus dollars that doesn't last that
1100 |1099 |01:31:14 ~-~-> 01:31:20 |long, and it's pretty much garbage, but people were shooting people and stabbing
1101 |1100 |01:31:20 ~-~-> 01:31:23 |people and stealing them off other people. They wanted them so bad because
1102 |1101 |01:31:23 ~-~-> 01:31:29 |they didn't have the money that for them, everybody has their own form of
1103 |1102 |01:31:29 ~-~-> 01:31:33 |Jordans in trading, their own little logic. The thing that makes them feel
1104 |1103 |01:31:33 ~-~-> 01:31:38 |like they're they're a basketball player like Jordan. I'm a real good trader
1105 |1104 |01:31:38 ~-~-> 01:31:43 |because I use Gan I'm a real good trader because I use Elliot we I'm a good
1106 |1105 |01:31:43 ~-~-> 01:31:49 |trader because I do this and I do that. Okay, good for you, but you wearing
1107 |1106 |01:31:49 ~-~-> 01:31:55 |those Jordans and making a good play a basketball player. You using these
1108 |1107 |01:31:55 ~-~-> 01:31:59 |logics that you think are the reasons for the market going up and down, these
1109 |1108 |01:31:59 ~-~-> 01:32:03 |indicators, these overbought overload indicators that's not making the market
1110 |1109 |01:32:03 ~-~-> 01:32:06 |go up. How many times have you seen an oversold indication that was bullish
1111 |1110 |01:32:06 ~-~-> 01:32:10 |divergence, too, and the market just kept going lower, just kept going lower,
1112 |1111 |01:32:10 ~-~-> 01:32:16 |just kept on going lower. That was the wake up call for me, because I was a
1113 |1112 |01:32:16 ~-~-> 01:32:19 |perpetual bull when I first started. I only could want to be a buyer, because
1114 |1113 |01:32:19 ~-~-> 01:32:23 |it made sense to buy low, sell high. I could not grasp the idea of selling
1115 |1114 |01:32:23 ~-~-> 01:32:27 |something I don't own and making money when it goes cheaper. It was, it was an
1116 |1115 |01:32:27 ~-~-> 01:32:31 |alien concept to me. I just I couldn't trust that, and I just focused on being
1117 |1116 |01:32:31 ~-~-> 01:32:35 |a buyer. And there was many times where I was trying to be a buyer as a 20 year
1118 |1117 |01:32:35 ~-~-> 01:32:39 |old, not knowing what the hell I was doing and everything technically, based
1119 |1118 |01:32:39 ~-~-> 01:32:43 |on every retail thing you can imagine, said that it was going to go up from
1120 |1119 |01:32:43 ~-~-> 01:32:47 |there, and they'd be this little, tiny little move up and be, yeah, I'm on side
1121 |1120 |01:32:47 ~-~-> 01:32:50 |now, and the only thing it did was take out a short term, little high the run
1122 |1121 |01:32:50 ~-~-> 01:32:54 |trailed by stops, and then the fucking floor would fall out. And I'm in
1123 |1122 |01:32:54 ~-~-> 01:32:58 |drawdown, because I don't have, I don't have a stop loss. I'm still just in
1124 |1123 |01:32:58 ~-~-> 01:33:02 |drawdown. And I'm thinking, Okay, well, it's just it, just it just needed to do
1125 |1124 |01:33:02 ~-~-> 01:33:05 |that little bit of move. It's gonna now it's gonna go up. And the whole time I
1126 |1125 |01:33:05 ~-~-> 01:33:08 |want to go lower and lower and lower, and then, like, finally, I gotta pick my
1127 |1126 |01:33:08 ~-~-> 01:33:11 |guts up. There it is. Let me at least have two hours left in the account. Let
1128 |1127 |01:33:11 ~-~-> 01:33:15 |me just have that. And if I would have held on to that, it would have took that
1129 |1128 |01:33:15 ~-~-> 01:33:21 |and more. So that was my wake up call, that there's something else going on
1130 |1129 |01:33:21 ~-~-> 01:33:28 |here. I gotta, I gotta look deeper into what's going on behind price. And the
1131 |1130 |01:33:28 ~-~-> 01:33:33 |algorithm is designed and coded in a way where it will capitalize on two primary
1132 |1131 |01:33:33 ~-~-> 01:33:40 |things, where there are pending orders, and it does not know how many orders are
1133 |1132 |01:33:40 ~-~-> 01:33:44 |above or below the marketplace. It doesn't know that. It cannot worry about
1134 |1133 |01:33:44 ~-~-> 01:33:48 |that, because that's always a dynamic, fluctuating value. Like, just like, look
1135 |1134 |01:33:48 ~-~-> 01:33:53 |at level two data, you'll see the orders there. There'll be a big block, there'll
1136 |1135 |01:33:53 ~-~-> 01:33:58 |be a 500 block, a 300 block, sitting at a price level. And then as we get closer
1137 |1136 |01:33:58 ~-~-> 01:34:03 |closer, that order won't be there anymore. It'll be less why? They lose
1138 |1137 |01:34:03 ~-~-> 01:34:07 |interest. They lose the interest as it's getting closer to it. Why? Why is that
1139 |1138 |01:34:07 ~-~-> 01:34:12 |occurring? Because it's spoofing. But see, you're looking at it differently.
1140 |1139 |01:34:12 ~-~-> 01:34:15 |You're looking at through the lens of retail like it's going to go there
1141 |1140 |01:34:15 ~-~-> 01:34:19 |because it's a big number there. That's bullshit. That's how you get tricked.
1142 |1141 |01:34:19 ~-~-> 01:34:25 |That's how you fall victim to that nonsense, these things that are trying
1143 |1142 |01:34:25 ~-~-> 01:34:29 |to point to where orders are. All you have to do is look at a one minute, a
1144 |1143 |01:34:29 ~-~-> 01:34:32 |five minute, 15 minute time frame, and you'll see every liquidity pool that
1145 |1144 |01:34:32 ~-~-> 01:34:35 |these little bubbles or these little things are showing you. You don't need
1146 |1145 |01:34:35 ~-~-> 01:34:40 |to know a number. The number is the that's the red herring. That's the Judas
1147 |1146 |01:34:40 ~-~-> 01:34:45 |swing gimmick of that thing that that process of, you know, visualizing how
1148 |1147 |01:34:45 ~-~-> 01:34:49 |many orders are there? Those orders are not all literal. They're not they're not
1149 |1148 |01:34:49 ~-~-> 01:34:54 |actually going to be there. When price trades to it, they'll pull them. But
1150 |1149 |01:34:54 ~-~-> 01:34:58 |they're using big, large institutions can place orders there to influence
1151 |1150 |01:34:58 ~-~-> 01:35:04 |other traders. Is to book price for that express purposes of tricking them,
1152 |1151 |01:35:04 ~-~-> 01:35:08 |knowing full well that every transaction that takes place leading up to that
1153 |1152 |01:35:08 ~-~-> 01:35:12 |level that never gets hit, other traders will look at the chart and say, Oh, this
1154 |1153 |01:35:12 ~-~-> 01:35:18 |is one of those fanny pack patterns. And the last time I traded, I got more money
1155 |1154 |01:35:18 ~-~-> 01:35:23 |for my fanny pack. Come on, man, like, if you give it enough time, you can come
1156 |1155 |01:35:23 ~-~-> 01:35:27 |up with a gimmick or an excuse to get into anything, but you have to strip it
1157 |1156 |01:35:27 ~-~-> 01:35:33 |down to the very bare essentials. The markets go up for buy stops. They go up
1158 |1157 |01:35:33 ~-~-> 01:35:39 |to reprice and or rebalance and inefficiency. That's it. It goes down
1159 |1158 |01:35:39 ~-~-> 01:35:45 |for sell stops, or it goes down to reprice to or rebalance an inefficiency
1160 |1159 |01:35:45 ~-~-> 01:35:51 |below market price. That is it, if your patterns that you trade off of happen to
1161 |1160 |01:35:51 ~-~-> 01:35:56 |agree in an overlap in that instance, that's why your shit worked. It wasn't
1162 |1161 |01:35:56 ~-~-> 01:35:59 |because of your harmonic pattern. It wasn't because of Elliot wave, it wasn't
1163 |1162 |01:35:59 ~-~-> 01:36:05 |because of anything except for that's what it was going to do at that time. If
1164 |1163 |01:36:05 ~-~-> 01:36:09 |you go through all of your losing trades, I promise you, it will be a
1165 |1164 |01:36:09 ~-~-> 01:36:11 |revelation, but unless you don't even give a shit, you haven't journaled
1166 |1165 |01:36:11 ~-~-> 01:36:15 |anything, so you don't have the ability to go back and study what you did wrong.
1167 |1166 |01:36:15 ~-~-> 01:36:19 |But the ones that have go back and look at where you're losing trades occurred,
1168 |1167 |01:36:19 ~-~-> 01:36:24 |and then look at what I teach, and you're gonna see mine standing in front
1169 |1168 |01:36:24 ~-~-> 01:36:28 |of your trade, what I tell you the market's gonna do and how it's gonna
1170 |1169 |01:36:28 ~-~-> 01:36:33 |behave in book. That's why your trade failed, and vice versa. Look at all your
1171 |1170 |01:36:33 ~-~-> 01:36:37 |retail shit and the times that it works. It's because in an agreement with what
1172 |1171 |01:36:37 ~-~-> 01:36:42 |I'm teaching. And I know damn well that's narcissistic in it. That's that's
1173 |1172 |01:36:42 ~-~-> 01:36:46 |arrogant shit. You're damn right, because it's the truth that is the
1174 |1173 |01:36:46 ~-~-> 01:36:51 |truth. And when you stop paying attention to all these gimmicks, and you
1175 |1174 |01:36:51 ~-~-> 01:36:57 |stop being these team mentality, be watching volume profile, team, DSA,
1176 |1175 |01:36:58 ~-~-> 01:37:02 |supply and demand, they're all bullshit. None of that stuff makes price go up and
1177 |1176 |01:37:02 ~-~-> 01:37:07 |down zero. You're not going to tell me the tick of the entry to get in at with
1178 |1177 |01:37:07 ~-~-> 01:37:10 |the highest of the candlestick. You're not going to get out the lows. You're
1179 |1178 |01:37:10 ~-~-> 01:37:13 |not going to trade like me. You're not going to get like that. You ain't going
1180 |1179 |01:37:13 ~-~-> 01:37:16 |to get like that, not in any that other Mickey Mouse shit. You're not going to
1181 |1180 |01:37:17 ~-~-> 01:37:21 |because if any of you could have done it, you'd be doing already. Why am I
1182 |1181 |01:37:21 ~-~-> 01:37:24 |still out here barking? And then nobody's coming forward and saying,
1183 |1182 |01:37:24 ~-~-> 01:37:28 |here's the shit that beats your stuff. Shut the fuck up, Michael. It's still
1184 |1183 |01:37:28 ~-~-> 01:37:32 |not happening. That's what's entertaining. Like, you would think
1185 |1184 |01:37:32 ~-~-> 01:37:39 |seriously, you would think, I want to fucking see it, but it ain't there. But
1186 |1185 |01:37:39 ~-~-> 01:37:43 |they'll come in and they'll make little remarks to try to discourage you,
1187 |1186 |01:37:43 ~-~-> 01:37:47 |because they know they can't beat it, and they can't stand it in their own
1188 |1187 |01:37:47 ~-~-> 01:37:51 |skin seeing that they can't beat it, they can't make an excuse for how unable
1189 |1188 |01:37:51 ~-~-> 01:37:55 |to do it. So the easiest thing is, oh, you're a fraud. Oh, you're listening.
1190 |1189 |01:37:55 ~-~-> 01:37:59 |But how you how do you claim that when I have transferred the information to
1191 |1190 |01:37:59 ~-~-> 01:38:03 |students, they're now are using it too, and now you said I would never live
1192 |1191 |01:38:03 ~-~-> 01:38:08 |stream and trade. I'm doing it in front of you with precision elements that you
1193 |1192 |01:38:08 ~-~-> 01:38:17 |can't copy in anything else. So market making is the mechanism that these
1194 |1193 |01:38:17 ~-~-> 01:38:25 |algorithms book price under. There is no market maker, person that's dealing
1195 |1194 |01:38:25 ~-~-> 01:38:32 |between two price points that makes price. No, absolutely not that is a
1196 |1195 |01:38:32 ~-~-> 01:38:37 |dealer. But they have been miscalled as a market maker. They are not controlling
1197 |1196 |01:38:37 ~-~-> 01:38:42 |price. They are not going to deliver the high or low today, before it happens,
1198 |1197 |01:38:42 ~-~-> 01:38:45 |they're not going to give you the logic. And every single one of the people that
1199 |1198 |01:38:45 ~-~-> 01:38:49 |used to be called market makers in the financial world that are now students of
1200 |1199 |01:38:49 ~-~-> 01:38:53 |mine, they all collectively said the same thing. They had no idea what the
1201 |1200 |01:38:53 ~-~-> 01:38:58 |fuck price was doing. They just were dealing at that price at that given
1202 |1201 |01:38:58 ~-~-> 01:39:04 |time. So they were providing a pairing of orders coming together. And there it
1203 |1202 |01:39:04 ~-~-> 01:39:09 |is. That's not market making. You're dealing you're dealing in a price feed
1204 |1203 |01:39:09 ~-~-> 01:39:12 |that everybody else is dealing with. You're not creating that feed. You're
1205 |1204 |01:39:12 ~-~-> 01:39:16 |not changing it when it's going to keep going up to a buy side liquidity. You're
1206 |1205 |01:39:16 ~-~-> 01:39:19 |not changing its direction when it's going to go down to a sell side
1207 |1206 |01:39:19 ~-~-> 01:39:22 |delivery. You're not doing anything except for doing a transaction like
1208 |1207 |01:39:22 ~-~-> 01:39:27 |anybody else's at that given time when we place a trade. So when you hear this
1209 |1208 |01:39:27 ~-~-> 01:39:30 |stuff and you think, Oh, well, the Market Maker does this, well, the market
1210 |1209 |01:39:30 ~-~-> 01:39:32 |maker's role is to be delta neutral.
1211 |1210 |01:39:33 ~-~-> 01:39:37 |Yeah, dealer is that's the dealer's job. That's not a market maker. A market
1212 |1211 |01:39:37 ~-~-> 01:39:43 |maker is delivering the whole fucking range, the high and the low, and they
1213 |1212 |01:39:43 ~-~-> 01:39:47 |are not going to let it go outside of that high and low unless it benefits
1214 |1213 |01:39:47 ~-~-> 01:39:52 |them. And that's manual intervention. That's FOMC. It's Non Farm Payroll, it's
1215 |1214 |01:39:52 ~-~-> 01:39:56 |CPI, it's ppi. When they go in and they know they want to disrupt as much as
1216 |1215 |01:39:56 ~-~-> 01:40:01 |they can, because they're doing one of two things. Things, they're breaking the
1217 |1216 |01:40:01 ~-~-> 01:40:06 |initial sentiment going into that market release. You know, some kind of news
1218 |1217 |01:40:06 ~-~-> 01:40:12 |driver. The news itself is not causing that. That is the catalyst to blame.
1219 |1218 |01:40:13 ~-~-> 01:40:17 |When it's the market makers themselves that actually have their hand in the
1220 |1219 |01:40:17 ~-~-> 01:40:22 |pot. They're stirring it up. That's what's going on. But when you keep
1221 |1220 |01:40:22 ~-~-> 01:40:26 |hearing people talk about this stuff on TV, in books and courses, and they
1222 |1221 |01:40:26 ~-~-> 01:40:32 |repeat the same bullshit, it's the same bullshit. If you never look at it like
1223 |1222 |01:40:32 ~-~-> 01:40:36 |I'm teaching you, you'll never see it. But once you start studying it this way,
1224 |1223 |01:40:36 ~-~-> 01:40:42 |you'll see everything else is absolute grade eight ball shit. There's no
1225 |1224 |01:40:42 ~-~-> 01:40:47 |fucking reason how I could know this stuff in advance, unless there was
1226 |1225 |01:40:47 ~-~-> 01:40:52 |something that I knew that you don't know. Nobody gets this fucking lucky.
1227 |1226 |01:40:52 ~-~-> 01:40:56 |Nobody gets this fucking close to perfect. Nobody can know the future like
1228 |1227 |01:40:56 ~-~-> 01:41:00 |I'm fucking proving in live stream, in advanced commentary, one sided
1229 |1228 |01:41:00 ~-~-> 01:41:04 |commentary, very specific price levels. It's gonna go to this liquidity next
1230 |1229 |01:41:04 ~-~-> 01:41:10 |boom, set your fucking watch. It's gonna happen. Come on and you guys are still,
1231 |1230 |01:41:10 ~-~-> 01:41:13 |some of you sitting out on the sidelines, holding on to your bullshit
1232 |1231 |01:41:13 ~-~-> 01:41:20 |little mechanisms, your little gimmicks, because you don't want to switch to Team
1233 |1232 |01:41:20 ~-~-> 01:41:27 |ICT. Fuck team ICT. There's no team ICT. You're not on my fucking team. I'm a one
1234 |1233 |01:41:27 ~-~-> 01:41:31 |man fucking army. All of you just want to learn what I do, and that's all I'm
1235 |1234 |01:41:31 ~-~-> 01:41:35 |asking you to do is investigate it, look at it, test it. If you don't like it,
1236 |1235 |01:41:35 ~-~-> 01:41:38 |you can't do it. Then do what you're doing now, or go do something else. But
1237 |1236 |01:41:38 ~-~-> 01:41:43 |really put an effort into seeing it, testing it. The things I tell you, look
1238 |1237 |01:41:43 ~-~-> 01:41:48 |for it, look for it. And once you start seeing it, you're gonna be like, Man, my
1239 |1238 |01:41:48 ~-~-> 01:41:52 |stuff saying this is a buy right now. But this guy said, if this is going into
1240 |1239 |01:41:52 ~-~-> 01:41:57 |the marketplace, it's probably gonna go the other way. And now you're in a
1241 |1240 |01:41:57 ~-~-> 01:42:04 |penundrea. Do you stick with your program? That maybe 50% right? And now
1242 |1241 |01:42:04 ~-~-> 01:42:06 |you have the wrestling match between what I've taught and you have an
1243 |1242 |01:42:06 ~-~-> 01:42:12 |awareness of if you take that next trade and you lose, you're a convert. I've
1244 |1243 |01:42:13 ~-~-> 01:42:17 |convinced you at that moment, but the weak minded ones will still want to
1245 |1244 |01:42:17 ~-~-> 01:42:20 |wrestle, and then you'll troll me. That's what every one of my trolls that
1246 |1245 |01:42:20 ~-~-> 01:42:23 |term student, that was the same thing they did all the time. When they started
1247 |1246 |01:42:23 ~-~-> 01:42:26 |implementing what is I teach, and they were still trying to trade their shit.
1248 |1247 |01:42:26 ~-~-> 01:42:29 |And when mine was saying it was going to do something that was opposed to them,
1249 |1248 |01:42:29 ~-~-> 01:42:34 |they took the train. And when they lost, they hated me more. They fucking hated
1250 |1249 |01:42:34 ~-~-> 01:42:36 |me more. They're like, Man, this motherfucker. And they would troll me
1251 |1250 |01:42:36 ~-~-> 01:42:41 |harder, until they kept seeing that when I was teaching the concepts that caused
1252 |1251 |01:42:41 ~-~-> 01:42:45 |the market to go up, really, and their pattern bullshit, their Ellie way
1253 |1252 |01:42:45 ~-~-> 01:42:49 |bullshit, their whatever the hell email shit is, was failing up against it. They
1254 |1253 |01:42:50 ~-~-> 01:42:55 |finally broke down and send me emails. Said, Listen, I gotta, I gotta be honest
1255 |1254 |01:42:55 ~-~-> 01:42:59 |with you, man, this is I didn't want to believe in the beginning, but, man, what
1256 |1255 |01:42:59 ~-~-> 01:43:04 |the fuck right? And now they're really good students. They don't blow smoke up
1257 |1256 |01:43:04 ~-~-> 01:43:08 |my ass, they don't cheerlead me on public they don't lift me up and glaze
1258 |1257 |01:43:08 ~-~-> 01:43:12 |me all up on social media. I don't want none of you doing that. That's not what
1259 |1258 |01:43:12 ~-~-> 01:43:16 |this is about. This is about teaching you what really goes on, how to
1260 |1259 |01:43:16 ~-~-> 01:43:21 |anticipate it in price action and remove all of the confusion about what it is
1261 |1260 |01:43:21 ~-~-> 01:43:26 |you're looking for and when it's going to occur. Like, how, how else could you
1262 |1261 |01:43:26 ~-~-> 01:43:31 |improve upon this? Not that I'm not going to, because I am, but a few can
1263 |1262 |01:43:31 ~-~-> 01:43:35 |time when you're going to do something, you know inside of a 20 minute interval
1264 |1263 |01:43:35 ~-~-> 01:43:39 |when you're going to do something, and then you have a higher Time Frame
1265 |1264 |01:43:39 ~-~-> 01:43:43 |directional bias that tells you it's most likely going to book here. Why?
1266 |1265 |01:43:44 ~-~-> 01:43:48 |Because Smart Money holds positions longer than just a couple seconds or a
1267 |1266 |01:43:48 ~-~-> 01:43:51 |couple minutes. But there are high frequency trading algorithms that fire
1268 |1267 |01:43:51 ~-~-> 01:43:57 |in and out all day long that capitalize on that. It's not just institutions and
1269 |1268 |01:43:57 ~-~-> 01:44:03 |retail traders. There is a entity that is always in the marketplace, always
1270 |1269 |01:44:04 ~-~-> 01:44:08 |buying and selling all day long. Up down, up down, up down. In every
1271 |1270 |01:44:08 ~-~-> 01:44:13 |consolidation they're buying and selling in that too. There's always volume
1272 |1271 |01:44:13 ~-~-> 01:44:18 |coming through the marketplace, always. And just like there's you hear these
1273 |1272 |01:44:18 ~-~-> 01:44:24 |things called dark pools, well, there is an entity of smart money trading that
1274 |1273 |01:44:24 ~-~-> 01:44:31 |they are not on the exchanges like you think they are. It's, it's something I
1275 |1274 |01:44:31 ~-~-> 01:44:35 |can't I can't point to it, and I can't talk more about it than what I just said
1276 |1275 |01:44:35 ~-~-> 01:44:39 |there. Just know that this isn't, this isn't the only circus in fam let's say
1277 |1276 |01:44:39 ~-~-> 01:44:47 |it that way, okay? And they have a best interest in controlling the outcome, and
1278 |1277 |01:44:47 ~-~-> 01:44:51 |that's pretty much all I'm gonna say about it. But you can see these things
1279 |1278 |01:44:51 ~-~-> 01:44:55 |happening every single day. If you're looking for it, you'll see it. If you've
1280 |1279 |01:44:55 ~-~-> 01:44:58 |never been introduced to it, you'll never imagine it's like this. You'll
1281 |1280 |01:44:58 ~-~-> 01:45:02 |think it's just random price. Action. Oh, well, my system didn't work today,
1282 |1281 |01:45:02 ~-~-> 01:45:05 |so I'm glad I got a good stop mind, stop management and didn't over leverage.
1283 |1282 |01:45:05 ~-~-> 01:45:08 |Because, you know, price is random. That's that's how they tell themselves.
1284 |1283 |01:45:08 ~-~-> 01:45:15 |They tell them that because it consoles their doubts about what their next
1285 |1284 |01:45:15 ~-~-> 01:45:18 |trades gonna be like. And the ones that are really good money management, they
1286 |1285 |01:45:18 ~-~-> 01:45:21 |don't care what the outcome of the next trade is, because they know, as long as
1287 |1286 |01:45:21 ~-~-> 01:45:26 |they're managing their money correctly, they could be 30% wrong. I'm sorry, 30%
1288 |1287 |01:45:26 ~-~-> 01:45:31 |right and 70% wrong in what they do and still be profitable, much like a poker
1289 |1288 |01:45:31 ~-~-> 01:45:35 |player. If you watch these professional poker players, count how many times,
1290 |1289 |01:45:36 ~-~-> 01:45:39 |keep a running tab. Get a little notepad. This is the things I used to
1291 |1290 |01:45:39 ~-~-> 01:45:44 |do. I would write down their names, and then every time they had a winning hand,
1292 |1291 |01:45:44 ~-~-> 01:45:48 |I'd put a chart, a check mark next to them, until that table was finished, and
1293 |1292 |01:45:48 ~-~-> 01:45:52 |they went to the next table. How many losing hands they have versus their
1294 |1293 |01:45:52 ~-~-> 01:45:57 |winning hands? And it's surprising. They only had very few winning hands, but
1295 |1294 |01:45:57 ~-~-> 01:46:04 |they lost most hands are folded majority of the time. Study and see. So what are
1296 |1295 |01:46:04 ~-~-> 01:46:08 |they doing? They're managing their money. They don't have control over the
1297 |1296 |01:46:08 ~-~-> 01:46:12 |cards. They don't have control of the other people's decision making. They
1298 |1297 |01:46:12 ~-~-> 01:46:17 |have control over their money. When you're training, you can flip a coin, if
1299 |1298 |01:46:17 ~-~-> 01:46:23 |it's heads, you're going to buy it tails, you're going to sell short. If
1300 |1299 |01:46:23 ~-~-> 01:46:27 |it's a Monday, you're going to only buy the morning session. If it's a Tuesday,
1301 |1300 |01:46:27 ~-~-> 01:46:31 |you're only going to buy the afternoon session. And you put these filters in,
1302 |1301 |01:46:31 ~-~-> 01:46:35 |and you never risk more than one half of 1% at the end of the year, you can be
1303 |1302 |01:46:35 ~-~-> 01:46:40 |profitable. Figure that out. Figure that out you're holding for the daily range.
1304 |1303 |01:46:40 ~-~-> 01:46:44 |By the way, that's the other part of it. It's the same mechanism that's being
1305 |1304 |01:46:44 ~-~-> 01:46:49 |seen in poker. It's the same mechanism that's done in anything that if you've
1306 |1305 |01:46:49 ~-~-> 01:46:53 |given yourself enough time for the circumstance to pan out, whereas, in
1307 |1306 |01:46:53 ~-~-> 01:46:58 |this case, the daily range creating the high or high and close on the high when
1308 |1307 |01:46:58 ~-~-> 01:47:02 |you're bullish, or low or low, and close on a low when you're bearish, if you put
1309 |1308 |01:47:02 ~-~-> 01:47:07 |yourself in those days appropriately and just hold on to it. Don't jam your stop
1310 |1309 |01:47:07 ~-~-> 01:47:13 |loss up. Try to strangle the trade. You are in a position to capture the lions
1311 |1310 |01:47:13 ~-~-> 01:47:17 |portion of the day, and you'll capitalize what the algorithm is going
1312 |1311 |01:47:17 ~-~-> 01:47:21 |to do for that daily candlestick when it books the low and a high today. I'm
1313 |1312 |01:47:21 ~-~-> 01:47:25 |telling you the times that it's going to create those instances. The low today is
1314 |1313 |01:47:25 ~-~-> 01:47:33 |in the first 60 minutes for stopping the season. The High is formed going into
1315 |1314 |01:47:33 ~-~-> 01:47:44 |250 to 4pm on Eastern Time, okay, New York local time. So if you're bullish,
1316 |1315 |01:47:45 ~-~-> 01:47:50 |you can try to nail down the low, and you'll, you'll probably lose trying to
1317 |1316 |01:47:50 ~-~-> 01:47:53 |do that, because you're going to try to capture the very low. And every time,
1318 |1317 |01:47:53 ~-~-> 01:47:57 |you'll realize that, okay, what happens? Uh, just wait for it to actually be
1319 |1318 |01:47:57 ~-~-> 01:48:01 |there and then trade it on the next discount array. What you'll be doing is
1320 |1319 |01:48:01 ~-~-> 01:48:05 |you're going to be buying the low risk entry of the marketing reply model.
1321 |1320 |01:48:07 ~-~-> 01:48:11 |Yeah. So let's smart money. Have that Smart Money reversal. I'll be down
1322 |1321 |01:48:11 ~-~-> 01:48:16 |there. But when you see that next fair value gap or institutional order flow,
1323 |1322 |01:48:16 ~-~-> 01:48:19 |entry drill or inversion, fair value got the trade off of or order block bullish
1324 |1323 |01:48:19 ~-~-> 01:48:24 |one, that could be your entry mechanism for the low risk entry. And you ride it
1325 |1324 |01:48:24 ~-~-> 01:48:28 |all the way back up to the initial high today, and then you anticipate an
1326 |1325 |01:48:28 ~-~-> 01:48:31 |explosion where price goes up higher, because they're going to want to weave
1327 |1326 |01:48:31 ~-~-> 01:48:36 |that Judas swing area as fast as they can. And it's going to a lot of ground
1328 |1327 |01:48:36 ~-~-> 01:48:40 |will be made there, and people will chase it all in that big buy time and
1329 |1328 |01:48:40 ~-~-> 01:48:44 |balance outside efficient that will form then, and that's where the lunch macro
1330 |1329 |01:48:44 ~-~-> 01:48:48 |will retrace back down inside that and stop those individuals out. And they'll
1331 |1330 |01:48:48 ~-~-> 01:48:52 |accumulate more lungs that they'll ride through the pm session of the day, and
1332 |1331 |01:48:52 ~-~-> 01:48:57 |they'll get out at the height of day, forming between 250 and 4pm Eastern
1333 |1332 |01:48:57 ~-~-> 01:49:02 |Time. Folks, that is your real Campbell range theory. That's the real power of
1334 |1333 |01:49:02 ~-~-> 01:49:06 |three. That's the real ICT. Okay, that's the algorithm. That's what the algorithm
1335 |1334 |01:49:06 ~-~-> 01:49:09 |fucking does. That's what it's coded to do. Anything other than that, it's
1336 |1335 |01:49:09 ~-~-> 01:49:13 |manually intervened. It's as simple as that. It's four to six times a month,
1337 |1336 |01:49:14 ~-~-> 01:49:17 |both buy and sell. Don't take my word for it. Go through the fucking charts
1338 |1337 |01:49:17 ~-~-> 01:49:22 |and you'll see it. So the reason why you lose, I'm
1339 |1338 |01:49:25 ~-~-> 01:49:30 |gonna say this in closing, the reason why you lose is because you're not aware
1340 |1339 |01:49:30 ~-~-> 01:49:33 |of these things happening. You have no awareness that there is an algorithm
1341 |1340 |01:49:33 ~-~-> 01:49:36 |that delivers price. You have no awareness that the market is going to do
1342 |1341 |01:49:36 ~-~-> 01:49:41 |something that's predetermined and it's scripted, and you get tricked by speedy
1343 |1342 |01:49:41 ~-~-> 01:49:46 |little price runs to take off, and it's exactly why they do it. They're
1344 |1343 |01:49:46 ~-~-> 01:49:53 |engineered, they're scheduled. They're scripted to see you get enticed to chase
1345 |1344 |01:49:53 ~-~-> 01:49:56 |something or change your mind about something you might be right about.
1346 |1345 |01:49:58 ~-~-> 01:50:02 |That's why when you're bowling. Sometimes, and the markets rallied up,
1347 |1346 |01:50:02 ~-~-> 01:50:05 |and it creates a buy side of balance, outside efficiency. And then you see it
1348 |1347 |01:50:05 ~-~-> 01:50:12 |drop down real fast, and it gets real close to where you entered at, because
1349 |1348 |01:50:12 ~-~-> 01:50:16 |you don't know what the algorithm is doing. You get scared, and you close it
1350 |1349 |01:50:16 ~-~-> 01:50:19 |out thinking, I don't want to lose on the trade. I should have got out the
1351 |1350 |01:50:19 ~-~-> 01:50:23 |high when, before it retraced. But I gotta get out of this, because I think
1352 |1351 |01:50:23 ~-~-> 01:50:26 |I'm wrong. It's going to stop me out. It's going to be one of those instances
1353 |1352 |01:50:26 ~-~-> 01:50:30 |where it sees my stop and it's going to get me and you contrast that with what I
1354 |1353 |01:50:30 ~-~-> 01:50:35 |showed you in my trans transactions. I'm recording it. I have a stop loss, and
1355 |1354 |01:50:35 ~-~-> 01:50:40 |Ivan nowhere near afraid of where it's going to go, and it'll get real close to
1356 |1355 |01:50:40 ~-~-> 01:50:44 |my stop, and I think of a sometimes I'm adding to my position right then and
1357 |1356 |01:50:44 ~-~-> 01:50:50 |there. Think about that. Think about that. What's different about that I know
1358 |1357 |01:50:50 ~-~-> 01:50:55 |something that you don't know, and what I'm what I know, I'm teaching you. I'm
1359 |1358 |01:50:55 ~-~-> 01:50:59 |not I don't put a price tag on it. I'm not selling it to you. I'm not enticing
1360 |1359 |01:50:59 ~-~-> 01:51:02 |you buy books because I'm telling you don't buy them. What's going to happen
1361 |1360 |01:51:02 ~-~-> 01:51:06 |is this, I'm going to publish the book. People in third world nations are going
1362 |1361 |01:51:06 ~-~-> 01:51:09 |to take the book and they're going to scan it into a PDF file, and in three
1363 |1362 |01:51:09 ~-~-> 01:51:13 |days, it's going to be all over the internet. I'm not selling books to make
1364 |1363 |01:51:13 ~-~-> 01:51:18 |money. I'm putting books in print just because I want the ISBN number
1365 |1364 |01:51:18 ~-~-> 01:51:22 |associated to me when I release all the information about the things I want to
1366 |1365 |01:51:22 ~-~-> 01:51:25 |teach, everybody will go to that book, whether they get it from a pirated
1367 |1366 |01:51:25 ~-~-> 01:51:28 |version off a fucking telegram and a PDF format. I don't give a fuck about it.
1368 |1367 |01:51:29 ~-~-> 01:51:32 |I'm not trying to make money on books. Nobody makes money, but buying books or
1369 |1368 |01:51:32 ~-~-> 01:51:37 |selling books, rather, the margins too low, and it's not if I want to make
1370 |1369 |01:51:37 ~-~-> 01:51:41 |money, I'll just simply fucking make money. Okay, I can go out there and
1371 |1370 |01:51:41 ~-~-> 01:51:45 |press the button make more money if I want to have easy, fast money with no
1372 |1371 |01:51:45 ~-~-> 01:51:48 |effort at all. I just put a mentorship out there. I'm not doing that either. So
1373 |1372 |01:51:48 ~-~-> 01:51:52 |what am I doing? I'm teaching you because I like teaching you. Think I
1374 |1373 |01:51:52 ~-~-> 01:51:56 |can't make millions of dollars putting another PayPal link up there. I can do
1375 |1374 |01:51:56 ~-~-> 01:52:00 |that at any minute. I can do that. I don't want to do that. That means I'm
1376 |1375 |01:52:00 ~-~-> 01:52:03 |obligated to another group of people to think that they own me because they paid
1377 |1376 |01:52:03 ~-~-> 01:52:09 |for some time you don't own me. I like teaching. I like transforming
1378 |1377 |01:52:09 ~-~-> 01:52:13 |individuals and giving them the empowerment to transform their entire
1379 |1378 |01:52:13 ~-~-> 01:52:19 |future legacy and their family tree. And you can do these things. They can't hide
1380 |1379 |01:52:19 ~-~-> 01:52:24 |it from you, folks. They can't. I'm trying to explain this to you. They
1381 |1380 |01:52:24 ~-~-> 01:52:28 |cannot hide it from you. But if you don't understand it, you can be tricked
1382 |1381 |01:52:28 ~-~-> 01:52:33 |by the things that you don't know. You get trapped in price. I don't fucking
1383 |1382 |01:52:33 ~-~-> 01:52:38 |get trapped. There's no Smart Money traps. Smart Money does the trapping?
1384 |1383 |01:52:39 ~-~-> 01:52:42 |You're not trapping Smart Money traders. You don't even know as a Smart Money
1385 |1384 |01:52:42 ~-~-> 01:52:48 |trader, is that's you get when you get people teaching leaked content, lying
1386 |1385 |01:52:48 ~-~-> 01:52:55 |and defrauding people, they make up bullshit like CRT. All this second hand
1387 |1386 |01:52:55 ~-~-> 01:52:59 |mentorship, watered down has all come from me, and they don't even know how to
1388 |1387 |01:52:59 ~-~-> 01:53:03 |do it, right? That's why the 2024 mentorship is being live streamed that
1389 |1388 |01:53:03 ~-~-> 01:53:06 |way. Nobody can talk shit and say it's, oh, he picked the right one. He's cherry
1390 |1389 |01:53:06 ~-~-> 01:53:10 |picking. Notice they ain't saying any that anymore. They got nothing to say
1391 |1390 |01:53:10 ~-~-> 01:53:17 |now, and they're gonna find something always that the gripe about, instead of
1392 |1391 |01:53:17 ~-~-> 01:53:21 |saying, I'm gonna take this energy like some of the shoals I've had in the past,
1393 |1392 |01:53:22 ~-~-> 01:53:27 |and just, I'm gonna dive into this. I'm gonna prove him wrong. Use that energy,
1394 |1393 |01:53:27 ~-~-> 01:53:31 |go into it with that intent, that you're gonna prove what I'm teaching is wrong.
1395 |1394 |01:53:31 ~-~-> 01:53:36 |Let that be your fucking superpower, to go you're doing it. That's it, baby. And
1396 |1395 |01:53:36 ~-~-> 01:53:41 |watch what happens. Just watch and you're gonna see it's an uncomfortable
1397 |1396 |01:53:41 ~-~-> 01:53:46 |feeling when it hits you. The whole time I've been telling the truth the whole
1398 |1397 |01:53:46 ~-~-> 01:53:53 |time, and all that time you wasted. You're wasting it. Why? It costs you
1399 |1398 |01:53:53 ~-~-> 01:53:58 |nothing, man, it just goes to show you, I said it in mentorship. 2022, I'm
1400 |1399 |01:53:58 ~-~-> 01:54:04 |sorry. 20, 2016 2016 either I said I could literally teach this stuff on the
1401 |1400 |01:54:04 ~-~-> 01:54:10 |front page of the USA Today newspaper, and they would largely go ignored,
1402 |1401 |01:54:13 ~-~-> 01:54:19 |because people just we're weird creatures. We want something easy, and
1403 |1402 |01:54:19 ~-~-> 01:54:25 |we want to say something that we did like we did. I figured it out. I did
1404 |1403 |01:54:25 ~-~-> 01:54:29 |this, I did that. And a lot of my students that are male are after
1405 |1404 |01:54:29 ~-~-> 01:54:34 |actively trying to distance themselves because they want to look like they
1406 |1405 |01:54:34 ~-~-> 01:54:37 |created something, and the only thing they did was create a new name. It's my
1407 |1406 |01:54:37 ~-~-> 01:54:42 |stuff. I get accused like the Democrats tell the world that the other side does
1408 |1407 |01:54:42 ~-~-> 01:54:45 |this and does that, and they're guilty of it. They're doing the very things
1409 |1408 |01:54:45 ~-~-> 01:54:49 |they're accusing their opposition of doing. I didn't rebrand shit. I'm the
1410 |1409 |01:54:49 ~-~-> 01:54:53 |originator of all this stuff. I'm out here demonstrating it, and there's
1411 |1410 |01:54:53 ~-~-> 01:54:56 |nobody else out here doing it either. They're not demonstrating it. They're
1412 |1411 |01:54:56 ~-~-> 01:54:59 |not they're not teaching the new content and showing you how it's going to work.
1413 |1412 |01:54:59 ~-~-> 01:55:04 |And then at the. Is that's, these are all mine. These are all my things. And a
1414 |1413 |01:55:04 ~-~-> 01:55:07 |lot of my students that are male want to be like that, and they want to emulate
1415 |1414 |01:55:07 ~-~-> 01:55:11 |me by time saying they created something new, or they'll send me tweets and I
1416 |1415 |01:55:11 ~-~-> 01:55:13 |figured out something that you don't know. Listen, you don't even have a fuck
1417 |1416 |01:55:13 ~-~-> 01:55:18 |I know. So stop that stuff. I don't even want to know what you think you know. I
1418 |1417 |01:55:18 ~-~-> 01:55:23 |don't need to know anything more. I know the market I know the fucking source
1419 |1418 |01:55:23 ~-~-> 01:55:25 |code you're talking to me about what I don't know. Get the fuck out of here.
1420 |1419 |01:55:25 ~-~-> 01:55:35 |It's silly, like, seriously talking to you. It's just nuts. But market making
1421 |1420 |01:55:35 ~-~-> 01:55:40 |used to be a group of men that would get together and they would control and how
1422 |1421 |01:55:40 ~-~-> 01:55:43 |would they do that? For the ones that were asking, how'd they do that? If it
1423 |1422 |01:55:43 ~-~-> 01:55:46 |was before electronic and it wasn't, how are they doing it? They would put orders
1424 |1423 |01:55:46 ~-~-> 01:55:52 |in the marketplace. One group of the men across the table, they would have an
1425 |1424 |01:55:52 ~-~-> 01:55:55 |interest in buying, and the other one would have an interest in selling,
1426 |1425 |01:55:55 ~-~-> 01:55:58 |knowing that the market would book that price mark to market, and then it would
1427 |1426 |01:55:58 ~-~-> 01:56:02 |reflect in the price action. So if they went at the higher high of the day to be
1428 |1427 |01:56:02 ~-~-> 01:56:08 |met, they would have an order to buy an X amount of whatever it is, shares,
1429 |1428 |01:56:08 ~-~-> 01:56:13 |contracts, whatnot, and they would cause that transaction to happen. And they
1430 |1429 |01:56:13 ~-~-> 01:56:17 |would just keep doing that, and they would offer constantly higher prices.
1431 |1430 |01:56:17 ~-~-> 01:56:21 |And if they weren't getting the order flow, that would come by natural process
1432 |1431 |01:56:21 ~-~-> 01:56:27 |of buying by the floor or other institutions or the public that would be
1433 |1432 |01:56:27 ~-~-> 01:56:31 |investing in that they would create that mark to market booking a price that
1434 |1433 |01:56:31 ~-~-> 01:56:34 |keeps going higher. So they would artificially create these buy programs
1435 |1434 |01:56:34 ~-~-> 01:56:39 |and sell programs. But it's not efficient. I mean, whatever you have a
1436 |1435 |01:56:39 ~-~-> 01:56:44 |human element involved. It's not efficient. So sometimes it would not be
1437 |1436 |01:56:44 ~-~-> 01:56:48 |as efficient as they would want to be. And then you have the age of electronic
1438 |1437 |01:56:48 ~-~-> 01:56:56 |trading, which I was privileged to be a part of, where I was doing the hand
1439 |1438 |01:56:56 ~-~-> 01:57:00 |drawing Charts, where I actually had to draw my charts out. I would put the
1440 |1439 |01:57:00 ~-~-> 01:57:04 |little opening price tick on the chart a paper chart book, and then draw it down
1441 |1440 |01:57:04 ~-~-> 01:57:08 |to the low and up to the high. And then I would do the little right tick to the
1442 |1441 |01:57:08 ~-~-> 01:57:11 |right for my Open, High, Low, Close. And that would be what I would do. I had to
1443 |1442 |01:57:11 ~-~-> 01:57:17 |do that four times a week, because the orders that I'll have for new books of
1444 |1443 |01:57:17 ~-~-> 01:57:21 |charts that would be delivered weekly, they would give you how the week
1445 |1444 |01:57:21 ~-~-> 01:57:25 |settled. So it would give you Friday's trading. They would print, then deliver
1446 |1445 |01:57:25 ~-~-> 01:57:32 |it to you, and then on Monday, you would start doing, you know, the whole drawing
1447 |1446 |01:57:32 ~-~-> 01:57:35 |of your charts. And I would never have to do my Friday because the next chart
1448 |1447 |01:57:35 ~-~-> 01:57:39 |book that would be delivered to me by mail would be showing Fridays open,
1449 |1448 |01:57:39 ~-~-> 01:57:42 |high, lows closed for the markets I would trade with. And the markets I was
1450 |1449 |01:57:42 ~-~-> 01:57:48 |trading back then were the meats, currency futures, bond futures. And it's
1451 |1450 |01:57:48 ~-~-> 01:57:52 |a little tedious when you have to draw your own individual Open, High, Low,
1452 |1451 |01:57:52 ~-~-> 01:57:56 |Close bar. It's we didn't have any alternative back then. I mean, it's just
1453 |1452 |01:57:56 ~-~-> 01:58:00 |the way you did it. And then they created software programs like super
1454 |1453 |01:58:00 ~-~-> 01:58:05 |charts TradeStation, meta stock, which is what that was my favorite. I liked
1455 |1454 |01:58:05 ~-~-> 01:58:05 |meta stock.
1456 |1455 |01:58:07 ~-~-> 01:58:12 |I think it was Equus was the producer of it, but the I love that platform, that
1457 |1456 |01:58:12 ~-~-> 01:58:16 |was my favorite platform, and I used end of day data, and I would plot hourly
1458 |1457 |01:58:16 ~-~-> 01:58:20 |charts with the daily chart and a weekly chart, and I would just simply use a 50
1459 |1458 |01:58:20 ~-~-> 01:58:24 |day moving average, and if it was sloping up, I was bullish, and if it
1460 |1459 |01:58:24 ~-~-> 01:58:29 |wasn't sloping up, I wouldn't trade it. I would wait for another market to trade
1461 |1460 |01:58:29 ~-~-> 01:58:35 |that would give that indication. And I would use a 60 minute or hourly chart
1462 |1461 |01:58:36 ~-~-> 01:58:40 |when it would go oversold. And it would either give me a type two trend filing
1463 |1462 |01:58:40 ~-~-> 01:58:44 |divergence, which is called a hidden divergence today. Nick Van Nuys was the
1464 |1463 |01:58:44 ~-~-> 01:58:49 |guy that introduced that worried classic type one bullish divergence, where you
1465 |1464 |01:58:49 ~-~-> 01:58:55 |have a low, a lower low in price, but a higher low in the stochastic that was my
1466 |1465 |01:58:55 ~-~-> 01:58:59 |model back in the 90s. So whenever I made money, if the market was going to
1467 |1466 |01:58:59 ~-~-> 01:59:06 |go up, that's when my system worked. But it didn't work a lot. It lost a lot,
1468 |1467 |01:59:06 ~-~-> 01:59:09 |because the markets were not always going up, and I didn't know how to time
1469 |1468 |01:59:09 ~-~-> 01:59:12 |the market going up. I just looked at the indicators to tell me when it should
1470 |1469 |01:59:12 ~-~-> 01:59:17 |go up, and I got my identity over and over and over again, trusting indicators
1471 |1470 |01:59:17 ~-~-> 01:59:22 |and never referring to price, never referring to it. The only time I cared
1472 |1471 |01:59:22 ~-~-> 01:59:25 |about the prices, what price I need to say to my broker when I had to
1473 |1472 |01:59:25 ~-~-> 01:59:30 |physically call them to tell them what I wanted to buy at because that was it.
1474 |1473 |01:59:30 ~-~-> 01:59:34 |And the only selling I did initially was to if I use a stop loss at all, this is
1475 |1474 |01:59:34 ~-~-> 01:59:40 |where I want to put my cell. Stop sell was a rare thing in in the 90s for me,
1476 |1475 |01:59:40 ~-~-> 01:59:43 |when I first started, because I didn't know much, and I was already trying to
1477 |1476 |01:59:43 ~-~-> 01:59:47 |do something I wasn't equipped to do, trying to trade with money that I
1478 |1477 |01:59:47 ~-~-> 01:59:52 |couldn't afford to lose. I was borrowing it off of credit cards, of all places.
1479 |1478 |01:59:52 ~-~-> 01:59:57 |That's That's how rushed I was. So when I when I am critical on all of you, and
1480 |1479 |01:59:57 ~-~-> 02:00:01 |I yell at you, basically telling you're stupid for doing this dumb. It. I'm the
1481 |1480 |02:00:01 ~-~-> 02:00:04 |leader of that line, man, like, if that's a Congo line, I was leading it
1482 |1481 |02:00:04 ~-~-> 02:00:12 |because I was borrowing credit card money. But that's dumb. It's bad, it
1483 |1482 |02:00:12 ~-~-> 02:00:15 |that's a bad decision, but that's how panicked I was to get out of the
1484 |1483 |02:00:15 ~-~-> 02:00:18 |situation I was in. I was willing to take a cash advance off of a credit
1485 |1484 |02:00:18 ~-~-> 02:00:26 |card, nations bank, credit card, that's what it was. And I blew it because I was
1486 |1485 |02:00:26 ~-~-> 02:00:29 |trying to do the things that many of you are trying to do, and you think you're
1487 |1486 |02:00:29 ~-~-> 02:00:34 |going to be the exempt. You're not. It's not going to happen to you. Versus
1488 |1487 |02:00:34 ~-~-> 02:00:38 |saying, Okay, Michael says, to look at the market like this. I'm going to spend
1489 |1488 |02:00:38 ~-~-> 02:00:42 |the next weeks and months looking at like this until I get comfortable with
1490 |1489 |02:00:42 ~-~-> 02:00:45 |seeing and recognizing it. Then when I get comfortable seeing it recognizing
1491 |1490 |02:00:45 ~-~-> 02:00:50 |it, then I'm going to start demonstrating setups that I've been tape
1492 |1491 |02:00:50 ~-~-> 02:00:57 |reading. And then after I do that for a minimum of two months, minimum, if you
1493 |1492 |02:00:57 ~-~-> 02:01:02 |can't give yourself and me as a mentor, two months of paper trading that way,
1494 |1493 |02:01:02 ~-~-> 02:01:07 |you're proving that you're consistently trying to use the same stuff. You're
1495 |1494 |02:01:07 ~-~-> 02:01:09 |going to lose. You're going to have losing trades. There's nothing wrong
1496 |1495 |02:01:09 ~-~-> 02:01:14 |with that, but you should be using the lowest leverage. That means using one
1497 |1496 |02:01:14 ~-~-> 02:01:19 |micro lot if you're trading index futures. Let that be your benchmark. And
1498 |1497 |02:01:20 ~-~-> 02:01:25 |if you're consistently able to trade with that for two months, then at the
1499 |1498 |02:01:25 ~-~-> 02:01:31 |very, very, very minimum, I think you could entertain, not that you should,
1500 |1499 |02:01:31 ~-~-> 02:01:35 |but you could entertain the idea of going after a combine challenge, because
1501 |1500 |02:01:35 ~-~-> 02:01:39 |you're only risking what you paid in but you should not trade with real money
1502 |1501 |02:01:39 ~-~-> 02:01:46 |yet, if you can't get a combine passed and grow that account to fund it with
1503 |1502 |02:01:46 ~-~-> 02:01:51 |one micro you're not trying to rush to get a lot of money. You're going to be
1504 |1503 |02:01:51 ~-~-> 02:01:56 |surprised how it feels when you when you have this monetary reward or punishment
1505 |1504 |02:01:56 ~-~-> 02:02:00 |if you do it wrong, that's why you want to get bored with doing it correctly in
1506 |1505 |02:02:00 ~-~-> 02:02:05 |the beginning. That's all part of the documentation stage of your development.
1507 |1506 |02:02:05 ~-~-> 02:02:09 |This is all the things that you're gonna have as a baseline and foundation. This
1508 |1507 |02:02:09 ~-~-> 02:02:12 |is what you worked with to start from. And if you don't record all that, you
1509 |1508 |02:02:13 ~-~-> 02:02:16 |won't be able to measure your advancement in your understanding on
1510 |1509 |02:02:16 ~-~-> 02:02:21 |your progress, and you will feel so much better a year later, 12 months from the
1511 |1510 |02:02:21 ~-~-> 02:02:25 |time you start, and 12 months later, and you look back at what you journaled and
1512 |1511 |02:02:25 ~-~-> 02:02:29 |how you thought about price in the silly little times that you were worrying
1513 |1512 |02:02:29 ~-~-> 02:02:32 |about things that were not even all that impactful, and all the energy and the
1514 |1513 |02:02:32 ~-~-> 02:02:37 |time that you wasted worrying about the things are not even important that that
1515 |1514 |02:02:37 ~-~-> 02:02:41 |could have been used to focus on the positive stuff and how you think about
1516 |1515 |02:02:41 ~-~-> 02:02:45 |price back then versus how you think about it 12 months later, you're a new
1517 |1516 |02:02:45 ~-~-> 02:02:53 |person. You'll be confident, you'll be detail oriented, you won't be in a rush
1518 |1517 |02:02:53 ~-~-> 02:02:56 |to get into a trade, and you'll feel comfortable if you want to take a day
1519 |1518 |02:02:56 ~-~-> 02:02:59 |off to do something and not trade, you're not missing anything. That's the
1520 |1519 |02:02:59 ~-~-> 02:03:05 |wonderful feeling like, I don't ever feel like, Oh, I missed the move, man. I
1521 |1520 |02:03:05 ~-~-> 02:03:09 |wish I would have no you don't ever even talk like that. You never hear me talk
1522 |1521 |02:03:09 ~-~-> 02:03:14 |that way. Because I know what I can do every single day, and I know when the
1523 |1522 |02:03:14 ~-~-> 02:03:17 |big days are coming. I know when the big runs are going to occur higher and
1524 |1523 |02:03:17 ~-~-> 02:03:21 |lower. I know all those things. So because I know them, I know they're not
1525 |1524 |02:03:21 ~-~-> 02:03:24 |an everyday instance where you don't know when they're gonna occur. So you
1526 |1525 |02:03:24 ~-~-> 02:03:27 |naturally assume what every day could potentially be one of those big days.
1527 |1526 |02:03:29 ~-~-> 02:03:33 |Think about it's true, isn't it? That's exactly how you think right now about
1528 |1527 |02:03:33 ~-~-> 02:03:40 |price. You never know when that big day is gonna come. I do. And if you don't
1529 |1528 |02:03:41 ~-~-> 02:03:46 |get control of yourself and start giving yourself realistic expectations and
1530 |1529 |02:03:46 ~-~-> 02:03:50 |living in those not trying to be an Olympic feat type trader, where you're
1531 |1530 |02:03:50 ~-~-> 02:03:54 |trying to do the impossible all the time, some of you young men are trying
1532 |1531 |02:03:54 ~-~-> 02:03:58 |to impress me with what you think you figured out, instead of to show me what
1533 |1532 |02:03:58 ~-~-> 02:04:01 |you've learned and learned it correctly. That's what would impress me. You, I
1534 |1533 |02:04:02 ~-~-> 02:04:06 |think what you're trying to do is you're trying to distract and lie to me and lie
1535 |1534 |02:04:06 ~-~-> 02:04:10 |to yourself and anybody else reading your tweets that you are doing far
1536 |1535 |02:04:10 ~-~-> 02:04:14 |better than you actually really are. And I mean that with love. I'm not trying to
1537 |1536 |02:04:14 ~-~-> 02:04:19 |be, you know, derogatory or try to talk you down. I'm telling you, there's only
1538 |1537 |02:04:19 ~-~-> 02:04:23 |a few of you to do it, but I'm quite certain you're doing that because you're
1539 |1538 |02:04:23 ~-~-> 02:04:27 |compensating for something. So instead of telling me what you think you
1540 |1539 |02:04:27 ~-~-> 02:04:30 |discovered, show me what you've been doing with what you learned. And if
1541 |1540 |02:04:30 ~-~-> 02:04:33 |you're not consistently able to do that, I'm not impressed with anything else.
1542 |1541 |02:04:33 ~-~-> 02:04:36 |That means you haven't done the work. That means you haven't been putting
1543 |1542 |02:04:36 ~-~-> 02:04:40 |yourself in front of the charts, tape, reading, studying, back, testing, and
1544 |1543 |02:04:40 ~-~-> 02:04:44 |then never making it to the point where you could be demo trading with a
1545 |1544 |02:04:44 ~-~-> 02:04:49 |purpose, not just guessing like you should if you're if you're going to
1546 |1545 |02:04:49 ~-~-> 02:04:54 |employ a demo account, you should be at least comfortable with knowing that
1547 |1546 |02:04:54 ~-~-> 02:04:57 |you're not rushing to get into something just to prove something it's going to be
1548 |1547 |02:04:57 ~-~-> 02:05:01 |I am doing this because I see the setup. See where the risk is, I see where the
1549 |1548 |02:05:01 ~-~-> 02:05:07 |profit is. The range is affording me enough to mark the risk. And it's at the
1550 |1549 |02:05:07 ~-~-> 02:05:11 |time day where it should behave this way. So I'm going to engage it and trade
1551 |1550 |02:05:11 ~-~-> 02:05:15 |it based on those rules, and then take it down, and then journal all up, mark
1552 |1551 |02:05:15 ~-~-> 02:05:21 |it up and document it and put it in your journal next next day. You keep doing it
1553 |1552 |02:05:21 ~-~-> 02:05:27 |minimum if you can't. Give me two months like that, stop listening to me. Stop
1554 |1553 |02:05:27 ~-~-> 02:05:31 |watching my videos. Go listen to somebody else. Go listen to someone
1555 |1554 |02:05:31 ~-~-> 02:05:35 |else. Tickle your ears and and give you all the little buttery little comments.
1556 |1555 |02:05:35 ~-~-> 02:05:39 |And never learn anything. And then come back when you lose your ass, because
1557 |1556 |02:05:39 ~-~-> 02:05:42 |you'll be better equipped to do it the right way. Because if you can't do this,
1558 |1557 |02:05:42 ~-~-> 02:05:47 |I promise you this, you are not going to get what you think you should get real
1559 |1558 |02:05:47 ~-~-> 02:05:51 |quick. You want it real fast. Ain't going to happen real fast. And the
1560 |1559 |02:05:51 ~-~-> 02:05:54 |faster you want it, the longer it's going to take. So just submit to the
1561 |1560 |02:05:54 ~-~-> 02:05:59 |right now. Day of this is what I have to do. I have to study price like this. I
1562 |1561 |02:05:59 ~-~-> 02:06:02 |believe that there's an algorithm. I believe that it's going to behave this
1563 |1562 |02:06:02 ~-~-> 02:06:07 |way based on time. And now I'm going to go in looking for that it isn't if it
1564 |1563 |02:06:07 ~-~-> 02:06:10 |isn't occurring like that, if I don't see it happening, then I can quickly
1565 |1564 |02:06:10 ~-~-> 02:06:13 |ascertain that this guy's talking on his ass. There is an algorithm. So therefore
1566 |1565 |02:06:13 ~-~-> 02:06:16 |he's a fraud, and I shouldn't waste any more time with him. There you go. That's
1567 |1566 |02:06:16 ~-~-> 02:06:21 |the litmus test. It costs you no money to get that and don't take anybody
1568 |1567 |02:06:21 ~-~-> 02:06:24 |else's opinion for it. Don't take anybody else's tweet. Don't take anybody
1569 |1568 |02:06:24 ~-~-> 02:06:32 |else's bullshit wise, any kind of video garbage. You do it. You do it yourself,
1570 |1569 |02:06:32 ~-~-> 02:06:36 |and you will see what I've said is the truth. Nobody has gone through that
1571 |1570 |02:06:36 ~-~-> 02:06:39 |process and came forward and said, This is fake. This is false. It doesn't
1572 |1571 |02:06:39 ~-~-> 02:06:43 |happen this way, Bobby, I've never done it. It's never done it like that, and
1573 |1572 |02:06:44 ~-~-> 02:06:47 |that's why I always encourage every single person that comes to me that
1574 |1573 |02:06:47 ~-~-> 02:06:51 |don't take my word for it, don't believe what I say, go into the charts and see
1575 |1574 |02:06:51 ~-~-> 02:06:56 |what I'm telling you is there or not. I'm convinced that once you see it, you
1576 |1575 |02:06:56 ~-~-> 02:06:59 |may not like me. You may not come down on social media and say, hey, look, you
1577 |1576 |02:06:59 ~-~-> 02:07:03 |know you were right, or I was wrong, or anything like that, but you're going to
1578 |1577 |02:07:03 ~-~-> 02:07:06 |start digging into it more, and it's going to make you a better trader, and
1579 |1578 |02:07:06 ~-~-> 02:07:10 |it's going to help you not lose so much money. If that's if that's all I get out
1580 |1579 |02:07:10 ~-~-> 02:07:16 |of this interaction between us, that's a win for me, because I don't want to see
1581 |1580 |02:07:16 ~-~-> 02:07:20 |you guys hurt yourself, and so I hurt myself a lot, and it messes you all up
1582 |1581 |02:07:20 ~-~-> 02:07:28 |mentally. It makes you just it's hard to to live with some of the mistakes you
1583 |1582 |02:07:28 ~-~-> 02:07:32 |can do to yourself, financially and emotionally and psychologically. I would
1584 |1583 |02:07:32 ~-~-> 02:07:36 |be so much better as a trader and as a person if I would have had someone like
1585 |1584 |02:07:36 ~-~-> 02:07:41 |I'm trying to be for you. If I had that, I'm convinced that I wouldn't have hurt
1586 |1585 |02:07:41 ~-~-> 02:07:45 |myself as bad as I did. I would have learned better. I would have learned
1587 |1586 |02:07:46 ~-~-> 02:07:50 |faster. Not that that's a good thing, but I would have known what to do
1588 |1587 |02:07:50 ~-~-> 02:07:55 |sooner, without going through all the trial and error of hurting myself, of
1589 |1588 |02:07:55 ~-~-> 02:07:59 |trying to talk myself into bad things and convincing myself of, you know, it
1590 |1589 |02:07:59 ~-~-> 02:08:01 |being the right stuff when it was all the wrong stuff.
1591 |1590 |02:08:03 ~-~-> 02:08:07 |So you have a market that is absolutely controlled. It should not bother you. It
1592 |1591 |02:08:07 ~-~-> 02:08:11 |should be encouragement, because if they controlling it, that means these things
1593 |1592 |02:08:11 ~-~-> 02:08:15 |that you're looking for are going to constantly repeat, and if they can
1594 |1593 |02:08:15 ~-~-> 02:08:18 |constantly repeat that, it means you have a reoccurring condition that
1595 |1594 |02:08:18 ~-~-> 02:08:26 |affords you a setup that can be framed with risk and potential profit, that
1596 |1595 |02:08:26 ~-~-> 02:08:31 |should encourage you use your thought process right now, if you have something
1597 |1596 |02:08:31 ~-~-> 02:08:37 |that you've been trading with before coming to me, can you tell me if it's
1598 |1597 |02:08:37 ~-~-> 02:08:42 |going to be the morning session or the afternoon session or the afternoon
1599 |1598 |02:08:42 ~-~-> 02:08:46 |session that your trade's going to form in with your school of thought and what
1600 |1599 |02:08:46 ~-~-> 02:08:50 |time it's going to form. Because if you don't know that, you're not in the same
1601 |1600 |02:08:50 ~-~-> 02:08:58 |playing field, you're not even in the same zip code as me, if you can't tell
1602 |1601 |02:08:58 ~-~-> 02:09:07 |me, if you know where the market's going to go, higher or lower, more than 300
1603 |1602 |02:09:07 ~-~-> 02:09:14 |handles up or down, you're not on the same playing field as me. If you don't
1604 |1603 |02:09:14 ~-~-> 02:09:19 |know how to add to a winning position that every point that would be an
1605 |1604 |02:09:19 ~-~-> 02:09:22 |individual entry point as well. None of the previous ones were used, and they'd
1606 |1605 |02:09:22 ~-~-> 02:09:28 |still be profitable. You're not on the same playing field as me. If you don't
1607 |1606 |02:09:28 ~-~-> 02:09:30 |know how to see where the high of the low the day is going to form before the
1608 |1607 |02:09:30 ~-~-> 02:09:40 |day starts trading, you're not on the same playing field as me. All of you
1609 |1608 |02:09:41 ~-~-> 02:09:44 |have opportunities to improve on some of you have a whole lot more opportunity,
1610 |1609 |02:09:44 ~-~-> 02:09:49 |because you have next to nothing in terms of understanding others. You have
1611 |1610 |02:09:49 ~-~-> 02:09:52 |these things that you've held on to, and because you probably have made a little
1612 |1611 |02:09:52 ~-~-> 02:09:59 |bit of money in the past, you think, and you married the vein thinking that this
1613 |1612 |02:09:59 ~-~-> 02:10:02 |is the panacea. All in, though, and it beats everything else, because you've
1614 |1613 |02:10:02 ~-~-> 02:10:05 |made a little bit of money with it, but you're not so confident with it that
1615 |1614 |02:10:05 ~-~-> 02:10:10 |you're going to go out there and say, let's see what mine does against yours.
1616 |1615 |02:10:10 ~-~-> 02:10:15 |And I've only done that not to be a dick, not to be a troublemaker. Well,
1617 |1616 |02:10:15 ~-~-> 02:10:20 |maybe I did do that to be a troublemaker. It's not meant to be
1618 |1617 |02:10:20 ~-~-> 02:10:25 |vicious. It's to open the eyes of everyone else, because teams exist in
1619 |1618 |02:10:25 ~-~-> 02:10:33 |trading, tribes exist in trading, and some of you like to make it. ICT, tribe
1620 |1619 |02:10:33 ~-~-> 02:10:39 |you know, or team. ICT, each one of you are is a one man army. I don't need any
1621 |1620 |02:10:39 ~-~-> 02:10:46 |people to defend me. I don't want you doing that. And I have created these
1622 |1621 |02:10:46 ~-~-> 02:10:51 |scenarios where people can step forward and present what they what they believe
1623 |1622 |02:10:51 ~-~-> 02:10:57 |is good in the marketplace versus what I'm telling you improving, and nothing's
1624 |1623 |02:10:57 ~-~-> 02:11:02 |going to come close. The reason why that doesn't happen is largely because they
1625 |1624 |02:11:02 ~-~-> 02:11:08 |don't have a trade well, so they don't want to showcase that two when I do
1626 |1625 |02:11:08 ~-~-> 02:11:12 |outshine that and prove that this is a superior perspective on the market. It's
1627 |1626 |02:11:12 ~-~-> 02:11:16 |going to mar them for life. It's going to hurt them. And they're trying to
1628 |1627 |02:11:16 ~-~-> 02:11:19 |spare themselves of that, just like in the beginning, when you do all the wrong
1629 |1628 |02:11:19 ~-~-> 02:11:22 |things, when you're watching pricing and possibly say, oh, it's going to go up
1630 |1629 |02:11:22 ~-~-> 02:11:26 |from here, and it doesn't you just quickly discount it. It's the same thing
1631 |1630 |02:11:26 ~-~-> 02:11:29 |they're putting blinders on. And that's that's unfortunate, because you're
1632 |1631 |02:11:29 ~-~-> 02:11:33 |holding yourself back. All of you, even if you are making money, you could be
1633 |1632 |02:11:33 ~-~-> 02:11:39 |making so much more money easier by knowing what's going to hurt you. How is
1634 |1633 |02:11:39 ~-~-> 02:11:44 |this market going to violate the people that don't know these things. That's the
1635 |1634 |02:11:44 ~-~-> 02:11:48 |benefit of learning from me. It doesn't matter if you use my concepts entirely,
1636 |1635 |02:11:48 ~-~-> 02:11:53 |but if you understand how the market books price, if you can recognize what
1637 |1636 |02:11:53 ~-~-> 02:11:57 |I'm suggesting when the market should go higher or lower, and your stuff agrees
1638 |1637 |02:11:57 ~-~-> 02:12:02 |at the same time, you can trust your system, then I mean that wholehearted.
1639 |1638 |02:12:02 ~-~-> 02:12:06 |I'm not trying to be funny, I'm not trying to be rude, I'm not trying to be
1640 |1639 |02:12:06 ~-~-> 02:12:11 |narcissistic or arrogant. I mean that wholeheartedly. If you can learn enough
1641 |1640 |02:12:11 ~-~-> 02:12:16 |about what I'm teaching about price, if you can see both agreeing at the same
1642 |1641 |02:12:16 ~-~-> 02:12:21 |time, in my opinion, you can, you can trust your stuff then, because that's
1643 |1642 |02:12:21 ~-~-> 02:12:25 |when your retail stuff's going to work, when it's in alignment with and it's
1644 |1643 |02:12:25 ~-~-> 02:12:29 |going to be few instances of that happening. But when it does happen, your
1645 |1644 |02:12:29 ~-~-> 02:12:33 |stuff will work, because it's based on how the market's going to book price
1646 |1645 |02:12:33 ~-~-> 02:12:36 |regardless, regardless of Gan supposedly said it's going to go up, regardless of
1647 |1646 |02:12:36 ~-~-> 02:12:41 |the elite way stuff supposedly it's going to cost to go higher. Anything out
1648 |1647 |02:12:41 ~-~-> 02:12:46 |there, any school of thought, like off whatever. If any of those things are
1649 |1648 |02:12:46 ~-~-> 02:12:50 |applied and they agree with what I'm teaching, how the price is going to
1650 |1649 |02:12:50 ~-~-> 02:12:53 |deliver, then that's the times it's going to work. How do I know that?
1651 |1650 |02:12:53 ~-~-> 02:12:56 |Because that's exactly what I did with my journals. I went back and looked at
1652 |1651 |02:12:56 ~-~-> 02:13:01 |all the times that I was losing, and every single, not a few times. Every
1653 |1652 |02:13:01 ~-~-> 02:13:07 |single losing trade I took in the 90s as a 20 year old was against this logic,
1654 |1653 |02:13:08 ~-~-> 02:13:15 |and it's shocking. It's like, what the hell I had no chance. I had zero chance.
1655 |1654 |02:13:15 ~-~-> 02:13:20 |And then you wonder, why some of you, most of you, when you first start trying
1656 |1655 |02:13:20 ~-~-> 02:13:23 |to trade, it feels like it's impossible. Like, nobody can win this. Like, how can
1657 |1656 |02:13:23 ~-~-> 02:13:27 |anybody win? And then you see me out there executing this was like, what the
1658 |1657 |02:13:27 ~-~-> 02:13:30 |hell this guy has got to have daily data? He's got to have delayed data. And
1659 |1658 |02:13:30 ~-~-> 02:13:33 |because we've been live streaming this entire time, for the last seven weeks or
1660 |1659 |02:13:33 ~-~-> 02:13:37 |plus, you see that I can call every move that's happening, and when they're not
1661 |1660 |02:13:37 ~-~-> 02:13:41 |good moves, I'll tell you they're not good news, and they're not and then I
1662 |1661 |02:13:41 ~-~-> 02:13:45 |tell you, Okay, now it's a good move. And then it happens. You blend that with
1663 |1662 |02:13:45 ~-~-> 02:13:49 |what I've done in transactions and recorded trades. It's a farce to believe
1664 |1663 |02:13:49 ~-~-> 02:13:53 |that I'm doing 15 screens being recorded and picking the right one. How the hell
1665 |1664 |02:13:53 ~-~-> 02:13:56 |am I going to be able to manage all that stuff and annotate all these tracks? If
1666 |1665 |02:13:56 ~-~-> 02:14:00 |I was just doing just two I can't do it. My attention span is too small, like I
1667 |1666 |02:14:00 ~-~-> 02:14:04 |can only I get easily distracted. I wouldn't be able to do that. You're
1668 |1667 |02:14:04 ~-~-> 02:14:08 |giving me too much credit for shit. I just know how to do it. Then you're
1669 |1668 |02:14:08 ~-~-> 02:14:14 |witnessing it now. But it should be no surprise as to why you're failing. If
1670 |1669 |02:14:15 ~-~-> 02:14:18 |you understand what I'm teaching, you're gonna see why you failed, because it
1671 |1670 |02:14:18 ~-~-> 02:14:22 |goes against what I'm teaching you, and how the bar, how the markets book price,
1672 |1671 |02:14:22 ~-~-> 02:14:26 |how the market makers deliver price through a mechanism that we collectively
1673 |1672 |02:14:26 ~-~-> 02:14:32 |call the algorithm. That's a price engine. A price engine is simply a
1674 |1673 |02:14:32 ~-~-> 02:14:39 |script that when prices trade to a specific price at a specific time, it
1675 |1674 |02:14:39 ~-~-> 02:14:44 |triggers a speed mechanism that causes the market to spool. It means it starts
1676 |1675 |02:14:44 ~-~-> 02:14:49 |offering price higher or lower consistently with very little
1677 |1676 |02:14:49 ~-~-> 02:14:55 |retracements. It just keeps going in one direction that is a macro. That is the
1678 |1677 |02:14:55 ~-~-> 02:15:01 |time element that is in my time and price theory, that shit. Is not in Larry
1679 |1678 |02:15:01 ~-~-> 02:15:06 |Williams book. That shit is in no other book. Okay? It's not. It's based on very
1680 |1679 |02:15:06 ~-~-> 02:15:10 |specific algorithmic principles that you're only learning because I've talked
1681 |1680 |02:15:10 ~-~-> 02:15:16 |about it. You never, you never. Nobody's ever paid any attention that the 10
1682 |1681 |02:15:16 ~-~-> 02:15:20 |minutes before the top of the hour and the 10 minutes after top of the hour,
1683 |1682 |02:15:20 ~-~-> 02:15:23 |that's going to cause a run for liquidity or into an inefficiency. It's
1684 |1683 |02:15:23 ~-~-> 02:15:27 |never made its way into a book. It's never left it's never left the lips of
1685 |1684 |02:15:27 ~-~-> 02:15:31 |any teacher, mentor or Trader that's trying to explain their method. It's
1686 |1685 |02:15:31 ~-~-> 02:15:36 |never happened that's never ever happened before. And when I see this
1687 |1686 |02:15:36 ~-~-> 02:15:39 |campaign that's being leveled against me, not only certain that it's it's
1688 |1687 |02:15:39 ~-~-> 02:15:44 |probably really a commercial grade approach that's being orchestrated now,
1689 |1688 |02:15:44 ~-~-> 02:15:49 |because it's happening a lot, you're not getting a lot more people talking about
1690 |1689 |02:15:49 ~-~-> 02:15:52 |but if you understand what they're saying, it's flying in the face of what
1691 |1690 |02:15:52 ~-~-> 02:15:57 |you're witnessing real time. Who you going to believe. And that's because
1692 |1691 |02:15:58 ~-~-> 02:16:03 |this information is not supposed to be in your hands. So there's going to be
1693 |1692 |02:16:03 ~-~-> 02:16:08 |misinformation campaigns produced as we go forward, and you're going to be the
1694 |1693 |02:16:08 ~-~-> 02:16:12 |witnesses that were here. You saw it happen. You saw me calling it. You saw
1695 |1694 |02:16:12 ~-~-> 02:16:16 |me executing it. You saw all of it. You saw me talk about what the market was
1696 |1695 |02:16:16 ~-~-> 02:16:20 |going to go on a daily chart, and then days later it does it. So I'm canceling
1697 |1696 |02:16:20 ~-~-> 02:16:24 |all the delayed data there too. So how many times does someone have to prove
1698 |1697 |02:16:24 ~-~-> 02:16:28 |that they're not lucky, but they're precise and they know something that you
1699 |1698 |02:16:28 ~-~-> 02:16:32 |and nobody else knows? I leave that question to you as the viewers and the
1700 |1699 |02:16:32 ~-~-> 02:16:38 |listeners, you have to determine, at what point does it become obvious? At
1701 |1700 |02:16:38 ~-~-> 02:16:42 |some point, if you pay enough attention, it's going to come to a threshold where
1702 |1701 |02:16:42 ~-~-> 02:16:47 |it's beyond any doubt that these markets are controlled, and I know something
1703 |1702 |02:16:47 ~-~-> 02:16:53 |about that, then nobody else knows. And I'm always ahead of everybody else. I'm
1704 |1703 |02:16:53 ~-~-> 02:16:56 |always aware of what's going to happen before everybody else. And I have
1705 |1704 |02:16:56 ~-~-> 02:17:02 |students that have learned from me, and they can trade excellent they know what
1706 |1705 |02:17:02 ~-~-> 02:17:06 |they're looking for. And it's such a pleasure as a teacher to see them doing
1707 |1706 |02:17:06 ~-~-> 02:17:11 |that. I'm proud to see that I love that sometimes it's emotional, because I can
1708 |1707 |02:17:11 ~-~-> 02:17:15 |see them typing out, like I type out and I can, I can feel what they're feeling
1709 |1708 |02:17:15 ~-~-> 02:17:18 |as they're typing out. I mean, it's like, oh, that's a random because I know
1710 |1709 |02:17:18 ~-~-> 02:17:21 |what they're thinking at the same time. Like, wow, man. Like, this shit is the
1711 |1710 |02:17:21 ~-~-> 02:17:25 |real deal, right? And now you're the real deal. It's not just me. Is the real
1712 |1711 |02:17:25 ~-~-> 02:17:30 |deal. You're the real deal. When you can do this in your hands, it's empowering.
1713 |1712 |02:17:30 ~-~-> 02:17:35 |No one can talk shit to you and have any effect. No one can dismantle you and say
1714 |1713 |02:17:35 ~-~-> 02:17:39 |that you're not a good trader, because you can do it and nothing's going to
1715 |1714 |02:17:39 ~-~-> 02:17:43 |change it. The algorithm is not going to change. The markets are not going to
1716 |1715 |02:17:43 ~-~-> 02:17:47 |change these same assets that come in here and try to disrupt you and scare
1717 |1716 |02:17:47 ~-~-> 02:17:51 |you and you remove your interest in learning how to do this and make you
1718 |1717 |02:17:51 ~-~-> 02:17:58 |doubt you're going to get these individuals that you don't know, the
1719 |1718 |02:17:58 ~-~-> 02:18:04 |influence, the power to take something from you that could change your entire
1720 |1719 |02:18:04 ~-~-> 02:18:04 |legacy.
1721 |1720 |02:18:04 ~-~-> 02:18:08 |Leave me a comment if you believe that that's what you should do. If you have
1722 |1721 |02:18:08 ~-~-> 02:18:13 |any belief that someone, anyone can come forward on social media and tell you
1723 |1722 |02:18:13 ~-~-> 02:18:18 |what you're trying to learn is not right for you. Tell me if you if you have
1724 |1723 |02:18:18 ~-~-> 02:18:23 |given permission for anybody to do that. You say, so right now, if you don't give
1725 |1724 |02:18:23 ~-~-> 02:18:27 |anybody permission, then say so too. Say, fuck no. No one's convincing me
1726 |1725 |02:18:27 ~-~-> 02:18:30 |that this ain't right for me. I am in the right now, right place, and I'm
1727 |1726 |02:18:30 ~-~-> 02:18:35 |listening to the person that's teaching me correctly for free. And I can see it
1728 |1727 |02:18:35 ~-~-> 02:18:38 |happening on my own. I don't need anybody else's help me. Can be convinced
1729 |1728 |02:18:38 ~-~-> 02:18:42 |of it. I can see it happening, you know, people that's already doing it with real
1730 |1729 |02:18:42 ~-~-> 02:18:49 |money, they're bringing the receipts constantly. You should be encouraged.
1731 |1730 |02:18:49 ~-~-> 02:18:54 |Like, I, it's astonishing to me. Like I, I wish this was available back when I
1732 |1731 |02:18:54 ~-~-> 02:18:58 |was learning how to trade, the ability to be around other people doing it, not
1733 |1732 |02:18:58 ~-~-> 02:19:02 |just the guy talking about it. Because if it was just me doing it, nobody else
1734 |1733 |02:19:02 ~-~-> 02:19:07 |was ever able to replicate it. If they couldn't get in in those trades that I
1735 |1734 |02:19:07 ~-~-> 02:19:11 |outline and every individual mentorship I've given them an approach to trading a
1736 |1735 |02:19:11 ~-~-> 02:19:17 |model, individual, unique of itself. I could do that every fucking day for
1737 |1736 |02:19:17 ~-~-> 02:19:23 |years in the models would never, ever overlap. Try that one on one for size,
1738 |1737 |02:19:24 ~-~-> 02:19:28 |telling you I don't ever run out of fucking shit. I got stuff that you ain't
1739 |1738 |02:19:28 ~-~-> 02:19:34 |never seen before, but I have to pick and curate the ones that I believe that
1740 |1739 |02:19:34 ~-~-> 02:19:40 |takes the least amount of effort, that's visually spots, the setups that you can
1741 |1740 |02:19:40 ~-~-> 02:19:47 |see it easily. It's not as obscure as some of the other ones I have. So as a
1742 |1741 |02:19:47 ~-~-> 02:19:53 |teacher, I try to present these things for my kids, because I know, if I was
1743 |1742 |02:19:53 ~-~-> 02:19:58 |asked, you know, at gunpoint, which one's the easiest one? Fuck you rest of
1744 |1743 |02:19:58 ~-~-> 02:20:01 |your shit. My CT, what is it? It's the one. I produced and shared openly and
1745 |1744 |02:20:01 ~-~-> 02:20:08 |publicly, they're the easiest ones. I have extremely articulate models that
1746 |1745 |02:20:09 ~-~-> 02:20:13 |are all going to be automated, really, that they're buying and selling all day
1747 |1746 |02:20:15 ~-~-> 02:20:18 |long, all day long. Baby, up down, up down, up down, up down, and they're
1748 |1747 |02:20:18 ~-~-> 02:20:23 |capitalizing on every minor fluctuation between a one minute and 15 second
1749 |1748 |02:20:23 ~-~-> 02:20:30 |chart. Up Now, up now, up now, up now, up now. You'll never see that. I'll
1750 |1749 |02:20:30 ~-~-> 02:20:37 |never divulge that, and I'll never share with anybody. You don't need that. What
1751 |1750 |02:20:37 ~-~-> 02:20:42 |I've already shared is enough. I've given you the first presented fair value
1752 |1751 |02:20:42 ~-~-> 02:20:49 |gap, 930 to 10 o'clock. That is absolutely the death mail in retail.
1753 |1752 |02:20:49 ~-~-> 02:20:53 |Like, that's it. It's over for all of you. Now, none of your shits gonna be a
1754 |1753 |02:20:53 ~-~-> 02:20:57 |live up to that. None of it. They can't hide it from you. How are you gonna hide
1755 |1754 |02:20:57 ~-~-> 02:21:01 |that first fair value gap from you? They're not gonna does your chart ever
1756 |1755 |02:21:01 ~-~-> 02:21:03 |change in the later part of the day, like whatever the one minute charts
1757 |1756 |02:21:03 ~-~-> 02:21:07 |we're doing in the first 30 minutes? Have you ever noticed they they're
1758 |1757 |02:21:07 ~-~-> 02:21:11 |different later on in the day? Fuck no, they're not. They're not different.
1759 |1758 |02:21:11 ~-~-> 02:21:15 |They're the same fucking candlesticks. So they're not hiding it from you. They
1760 |1759 |02:21:15 ~-~-> 02:21:20 |cannot hide it from you. It's impossible. You're worried about the
1761 |1760 |02:21:20 ~-~-> 02:21:24 |shit that doesn't matter, and that just proves you're an infant in this and I
1762 |1761 |02:21:24 ~-~-> 02:21:29 |can't help but get pissed off and animated when I see the same questions,
1763 |1762 |02:21:29 ~-~-> 02:21:33 |or the questions that I just addressed that answered in the same livestream
1764 |1763 |02:21:33 ~-~-> 02:21:37 |just on Friday. Could you tell me about the first presented fair value gap, and
1765 |1764 |02:21:37 ~-~-> 02:21:42 |when can you use it? What the fuck dude, I just taught that, like I just taught
1766 |1765 |02:21:42 ~-~-> 02:21:47 |it just proves that you're not taking notes, you're not even paying attention,
1767 |1766 |02:21:47 ~-~-> 02:21:57 |and that video is only an hour. Like, it's nuts. And this is the same shit
1768 |1767 |02:21:57 ~-~-> 02:22:02 |that people that paid me to be mentored, they would say the same shit. I would
1769 |1768 |02:22:02 ~-~-> 02:22:07 |teach a lesson, prove it in the price action. And they'd say, Could you teach
1770 |1769 |02:22:07 ~-~-> 02:22:11 |me about so and so, so and so? What the fuck did you just not watch? Where'd you
1771 |1770 |02:22:11 ~-~-> 02:22:15 |just see? Who are you watching? The fucking flip stones. Literally, I just
1772 |1771 |02:22:15 ~-~-> 02:22:19 |did this very thing. You didn't show me your notes. Well, I didn't take any
1773 |1772 |02:22:19 ~-~-> 02:22:24 |notes. What the fuck was you doing? The timing with that lecture was on. But you
1774 |1773 |02:22:24 ~-~-> 02:22:29 |want to be a consistently profitable trader. You think that you're gonna be
1775 |1774 |02:22:29 ~-~-> 02:22:35 |with that bullshit, with that that method of engaging and studying. You
1776 |1775 |02:22:35 ~-~-> 02:22:38 |think that that's appropriate, that you're gonna somehow beat the smartest
1777 |1776 |02:22:38 ~-~-> 02:22:41 |people in the fucking world, in these financial markets with that level of
1778 |1777 |02:22:41 ~-~-> 02:22:46 |give a fuck, because it's too low. You aren't putting out enough. You're not
1779 |1778 |02:22:46 ~-~-> 02:22:50 |putting into this what's required if you're not really diligent about taking
1780 |1779 |02:22:50 ~-~-> 02:22:53 |notes and writing down questions that come up in mind when you're watching
1781 |1780 |02:22:53 ~-~-> 02:22:56 |lectures, because they're going to get answered to the next future ones, that's
1782 |1781 |02:22:56 ~-~-> 02:23:03 |how it works. If you're not willing to do that, stop wasting your fucking time
1783 |1782 |02:23:03 ~-~-> 02:23:07 |here. Go watch somebody else. Because I'm teaching winners. I'm making
1784 |1783 |02:23:07 ~-~-> 02:23:12 |millionaires. I am not trading, and I'm not trading. I'm not producing traders
1785 |1784 |02:23:12 ~-~-> 02:23:15 |to just go out here and play Mickey Mouse and funded accounts getting a
1786 |1785 |02:23:15 ~-~-> 02:23:18 |payout here and there. I'm making fucking millionaires. If you're not
1787 |1786 |02:23:18 ~-~-> 02:23:21 |trying to be a millionaire, you're in the wrong fucking clubhouse. Get the
1788 |1787 |02:23:21 ~-~-> 02:23:25 |fuck out of here. Mickey Mouse, ain't here. This is the real shit. This is the
1789 |1788 |02:23:25 ~-~-> 02:23:29 |real shit. This is how the markets book. This is what will be everybody else's
1790 |1789 |02:23:29 ~-~-> 02:23:32 |shit. And I'm proving it. I'm landing out there all the time. The gauntlets
1791 |1790 |02:23:32 ~-~-> 02:23:36 |always fucking laid down, and not one Charlie fucking brown comes here. Not
1792 |1791 |02:23:36 ~-~-> 02:23:41 |one, not one. Motherfucker does it? Why? Because they absolutely know that I
1793 |1792 |02:23:41 ~-~-> 02:23:46 |would nail their fucking ass to the wall, leaving them broke, hanging there,
1794 |1793 |02:23:46 ~-~-> 02:23:50 |naked and fucking ashamed. That's exactly what the fuck would happen. And
1795 |1794 |02:23:50 ~-~-> 02:23:54 |they know it. Nobody in their right fucking mind that couldn't do what I'm
1796 |1795 |02:23:54 ~-~-> 02:23:57 |able to fucking do. We got here and bark as much as I fucking bark, and watch
1797 |1796 |02:23:57 ~-~-> 02:24:01 |everybody have their velcro balls drop the fuck off in public. That's exactly
1798 |1797 |02:24:01 ~-~-> 02:24:07 |what happens all the time. Who the fucks Alpha? Where the fuck is he at? You're
1799 |1798 |02:24:07 ~-~-> 02:24:11 |listening to him. You're fucking listening to him. And every single one
1800 |1799 |02:24:11 ~-~-> 02:24:16 |of you can have that same fucking energy knowing that ain't a motherfucker can
1801 |1800 |02:24:16 ~-~-> 02:24:20 |step to you. No one can out trade you. No one can come touch anything that you
1802 |1801 |02:24:20 ~-~-> 02:24:23 |can do, you can outperform every fucking body I've given those skills to you.
1803 |1802 |02:24:23 ~-~-> 02:24:27 |They're all in that YouTube channel right fucking now. What are you doing
1804 |1803 |02:24:27 ~-~-> 02:24:31 |with it? Are you Netflix and chilling with fucking ICT? Because if that's what
1805 |1804 |02:24:31 ~-~-> 02:24:36 |you're doing, you're not doing it right. You gotta have a fucking pencil and a
1806 |1805 |02:24:36 ~-~-> 02:24:40 |fucking pad that you're writing down shit, and that first time you wrote
1807 |1806 |02:24:40 ~-~-> 02:24:44 |those notes, that's just your first draft. You need to spend time with that
1808 |1807 |02:24:44 ~-~-> 02:24:48 |for a week and go back over that thing. Okay, was there anything else that I I
1809 |1808 |02:24:48 ~-~-> 02:24:52 |just didn't pick up on? But now it's in second thought about it. Let me go into
1810 |1809 |02:24:52 ~-~-> 02:24:58 |these notes and see, yeah, I think I understand what he was doing now, then
1811 |1810 |02:24:58 ~-~-> 02:25:02 |that final draft that. Goes into your real study journal. That's the one that
1812 |1811 |02:25:02 ~-~-> 02:25:05 |you treasure. That's the one you put a little bit of money behind. Not these
1813 |1812 |02:25:05 ~-~-> 02:25:10 |little need notebooks, they're good for initial draft notes, but just simply
1814 |1813 |02:25:10 ~-~-> 02:25:15 |scribbling down whatever I said, That's not taking notes what I'm saying, how
1815 |1814 |02:25:15 ~-~-> 02:25:19 |does that resonate with you when I say the first presented fair value gap
1816 |1815 |02:25:19 ~-~-> 02:25:24 |between 930 and 10 o'clock. That's important, because that that
1817 |1816 |02:25:24 ~-~-> 02:25:29 |inefficiency will be used in the future, not just today. What does that mean? How
1818 |1817 |02:25:29 ~-~-> 02:25:33 |can I prove that? What am I going to do now, when I'm done watching this
1819 |1818 |02:25:33 ~-~-> 02:25:36 |lecture, that I can go out there and start looking for what he means by that?
1820 |1819 |02:25:36 ~-~-> 02:25:39 |I need to test that theory. I don't want to take his word for it. What are you
1821 |1820 |02:25:39 ~-~-> 02:25:42 |doing with it? Because if you're just simply writing down the notes and then
1822 |1821 |02:25:42 ~-~-> 02:25:45 |waiting for the next waiting for the next lecture or watching the next video
1823 |1822 |02:25:45 ~-~-> 02:25:50 |that's in this, in the stream or on the playlist, you're not doing it right now.
1824 |1823 |02:25:50 ~-~-> 02:25:53 |Unless you're going into your charts looking for the very things that I'm
1825 |1824 |02:25:53 ~-~-> 02:25:58 |describing, you're not going to have that hook in your jaw that keeps you at
1826 |1825 |02:25:58 ~-~-> 02:26:02 |it. You're looking for the next thing I talked about, the next little buzz word,
1827 |1826 |02:26:02 ~-~-> 02:26:05 |the next little thing, the little these little interesting, shiny object
1828 |1827 |02:26:05 ~-~-> 02:26:08 |syndrome, that flash something in front of you and you're gonna forget
1829 |1828 |02:26:08 ~-~-> 02:26:11 |everything else you've been introduced to but never done any work to make
1830 |1829 |02:26:11 ~-~-> 02:26:15 |yourself understanding that better. The difference between you and the people
1831 |1830 |02:26:15 ~-~-> 02:26:19 |that are my students that are making money is they didn't fuck around. They
1832 |1831 |02:26:19 ~-~-> 02:26:23 |took notes, they dug into the charts and they saw it for themselves. They logged
1833 |1832 |02:26:23 ~-~-> 02:26:27 |their own examples, they recorded it and they annotated it. That's back testing
1834 |1833 |02:26:27 ~-~-> 02:26:30 |that is not sitting there watching Market Replay paint the fucking candles
1835 |1834 |02:26:31 ~-~-> 02:26:36 |that testing is simply looking at the old charts. That's static. Market Replay
1836 |1835 |02:26:36 ~-~-> 02:26:41 |is not going to teach you shit. It's not going to teach you anything. That price
1837 |1836 |02:26:41 ~-~-> 02:26:46 |when it camel is creating, it's only two changes when it first prints, and then
1838 |1837 |02:26:46 ~-~-> 02:26:49 |it does the final settlement. The next camel opens up gives you first print. Is
1839 |1838 |02:26:49 ~-~-> 02:26:52 |not even really the first print. It's a little bit of movement on the price
1840 |1839 |02:26:52 ~-~-> 02:26:55 |action candlestick, and then boom, it gives you the next one at the
1841 |1840 |02:26:55 ~-~-> 02:26:59 |settlement. That is not how you learn how to read price action. If you are
1842 |1841 |02:26:59 ~-~-> 02:27:03 |using Market Replay, you are stunting your growth. If you're listening to
1843 |1842 |02:27:03 ~-~-> 02:27:07 |mentors that only teach through Market Replay, you are wasting your fucking
1844 |1843 |02:27:07 ~-~-> 02:27:10 |time and your money. These clowns don't know what the fuck they're doing,
1845 |1844 |02:27:10 ~-~-> 02:27:12 |because if they knew what they were doing, they'd be in a live stream
1846 |1845 |02:27:12 ~-~-> 02:27:16 |setting, calling the individual market, trading the individual market, calling
1847 |1846 |02:27:16 ~-~-> 02:27:19 |it with a stop loss that's fucking Ultra tight. And tell you straight up, this is
1848 |1847 |02:27:19 ~-~-> 02:27:22 |what it's gonna do and watch it happen. That's what they would be doing. But
1849 |1848 |02:27:22 ~-~-> 02:27:25 |they don't do that shit because it's unsafe for their business model, because
1850 |1849 |02:27:25 ~-~-> 02:27:30 |they need more money coming in, in monthly fucking payments. Sorry, Jack,
1851 |1850 |02:27:30 ~-~-> 02:27:34 |but that shit, this doesn't work anymore. You gotta be out here doing it.
1852 |1851 |02:27:34 ~-~-> 02:27:38 |If you're not a fucking doer, you're a screwer, and you're screwing over the
1853 |1852 |02:27:38 ~-~-> 02:27:41 |fucking people that's paying you, and you can't prove that you know something.
1854 |1853 |02:27:41 ~-~-> 02:27:44 |If you're gonna monetize it, you better damn well be able to fucking do it. If
1855 |1854 |02:27:44 ~-~-> 02:27:47 |you can't fucking do it, I'm the sounding board you bounce everybody off
1856 |1855 |02:27:47 ~-~-> 02:27:51 |of, because I'll out trade every fucking one of them and have fun fucking doing
1857 |1856 |02:27:51 ~-~-> 02:27:55 |it. It's closing fucking time, motherfuckers, it's closing time, or
1858 |1857 |02:27:55 ~-~-> 02:27:57 |it's time for you to step up and say, You
1859 |1858 |02:27:57 ~-~-> 02:28:01 |know what, you're right. ICT, I'm gonna do that. It's the least I could do for
1860 |1859 |02:28:01 ~-~-> 02:28:06 |my own image, my own brand. Let me go out there and set myself apart from the
1861 |1860 |02:28:06 ~-~-> 02:28:11 |rest of these Yahoos. How many are doing that? How many are going to be doing
1862 |1861 |02:28:11 ~-~-> 02:28:16 |that this week or in the future soon? They're not, they're fucking not doing
1863 |1862 |02:28:16 ~-~-> 02:28:20 |that, but they're going to stay in Market Replay. They're going to stay in
1864 |1863 |02:28:20 ~-~-> 02:28:26 |hindsight discussions and examples where it's safe, that's a sandbox. There's
1865 |1864 |02:28:26 ~-~-> 02:28:31 |appropriate times for that, yes, but at some point, and the point is, we're now,
1866 |1865 |02:28:31 ~-~-> 02:28:36 |we're at the point of no return. Nobody else can now stand out there and teach
1867 |1866 |02:28:36 ~-~-> 02:28:42 |from a hindsight perspective, that shits gone the golden era of milk and
1868 |1867 |02:28:42 ~-~-> 02:28:49 |subscribers is fucking gone. You earn your fucking money. You earn it. You
1869 |1868 |02:28:49 ~-~-> 02:28:52 |prove that you can do it. You prove that you're a mentor, because you're not able
1870 |1869 |02:28:52 ~-~-> 02:28:56 |to do it in your own hands. You a fucking mentor. You are a fraud. You are
1871 |1870 |02:28:56 ~-~-> 02:29:04 |a con artist. You're a fucking faker. You're a poser boy. You Lee, that hurt
1872 |1871 |02:29:04 ~-~-> 02:29:07 |your feelings. You right now creating soft puppet accounts. You can say some
1873 |1872 |02:29:07 ~-~-> 02:29:11 |shit about me. Go ahead. You ain't changing the fact that I'm proving it.
1874 |1873 |02:29:11 ~-~-> 02:29:16 |You ain't changing the fact that I'm making millionaire students. Hello,
1875 |1874 |02:29:18 ~-~-> 02:29:27 |somebody just leave. There was a damn it, fire today. Yep, I would have a
1876 |1875 |02:29:27 ~-~-> 02:29:30 |whole lot more energy yesterday. I was really I was ready to go. I'm a little
1877 |1876 |02:29:30 ~-~-> 02:29:33 |tired today. To be honest with you, might not seem like a diamond. I'm a
1878 |1877 |02:29:33 ~-~-> 02:29:42 |little tired. Making my age 52 is kicking in in me, but that's that's why
1879 |1878 |02:29:42 ~-~-> 02:29:46 |you lose, and that's the secrets of how the market makers operate and deliver
1880 |1879 |02:29:46 ~-~-> 02:29:52 |price. And there's other subtleties that I'll teach and have already taught for
1881 |1880 |02:29:52 ~-~-> 02:30:00 |real on my YouTube channel, and it's important for you to be who. Organize
1882 |1881 |02:30:00 ~-~-> 02:30:04 |with your note taking. Anytime that you have something that comes up as a
1883 |1882 |02:30:04 ~-~-> 02:30:10 |concern or you hear me say something your your notes should have the title of
1884 |1883 |02:30:10 ~-~-> 02:30:18 |the video or lecture and the minute marker where that question was anchored
1885 |1884 |02:30:18 ~-~-> 02:30:22 |to like what I said, You should write what I said that causes you concern,
1886 |1885 |02:30:23 ~-~-> 02:30:29 |doubt or a question about it, so that way you can go back when you think you
1887 |1886 |02:30:29 ~-~-> 02:30:32 |figured out what what that question was, when you go through at the end of the
1888 |1887 |02:30:32 ~-~-> 02:30:35 |week, or you reflect in the previous month, how often you going back to your
1889 |1888 |02:30:35 ~-~-> 02:30:39 |old journal entries. Because it's not one and done. Forget about it like you
1890 |1889 |02:30:39 ~-~-> 02:30:42 |got to go back and see. Oh yeah, these. I remember I had that question, but I
1891 |1890 |02:30:42 ~-~-> 02:30:45 |stopped worrying about that because he keeps producing new content. It's easy
1892 |1891 |02:30:45 ~-~-> 02:30:51 |to get lost in the minutia. It's really easy to get bogged down with this. So
1893 |1892 |02:30:51 ~-~-> 02:30:59 |it's, it's a lot like it's a lot I'm condensing a PhD amount of time that you
1894 |1893 |02:30:59 ~-~-> 02:31:04 |would go through college courses to get a PhD, I'm compressing all that stuff
1895 |1894 |02:31:04 ~-~-> 02:31:10 |down into a very small lecture, and that's why it feels like drinking from a
1896 |1895 |02:31:10 ~-~-> 02:31:13 |fire hose gonna rip your fucking face off. And it's like, this is too
1897 |1896 |02:31:13 ~-~-> 02:31:18 |complicated. It's not complicated. It's a lot of stuff that you have to manage,
1898 |1897 |02:31:18 ~-~-> 02:31:22 |but I'm telling you how to manage it and how to go through it appropriately,
1899 |1898 |02:31:22 ~-~-> 02:31:28 |slow, modularly, and give yourself the real effort to see yourself succeed in
1900 |1899 |02:31:28 ~-~-> 02:31:31 |them, and don't listen to outside influences. And if that makes us feel
1901 |1900 |02:31:31 ~-~-> 02:31:35 |like you're a part of a cult, great, it's a private quote. They're not
1902 |1901 |02:31:35 ~-~-> 02:31:40 |invited. Everybody else can talk shit that doesn't change anything. When
1903 |1902 |02:31:40 ~-~-> 02:31:44 |you're making money and you quit your fucking job and you're being you're able
1904 |1903 |02:31:44 ~-~-> 02:31:48 |to pay for a house with cash, and it doesn't change anything, because you
1905 |1904 |02:31:48 ~-~-> 02:31:51 |know, you can make that same amount of money in another four weeks. You just
1906 |1905 |02:31:53 ~-~-> 02:31:57 |gonna give a fuck about anybody else's opinion about me or you. You're not
1907 |1906 |02:31:57 ~-~-> 02:32:01 |gonna care about that stuff. You're gonna be too busy living you're gonna be
1908 |1907 |02:32:01 ~-~-> 02:32:06 |too busy enjoying your life, period. And that's what this is about. It's an out.
1909 |1908 |02:32:06 ~-~-> 02:32:10 |It's not about worshiping Me. It's not about hanging by every thread of what I
1910 |1909 |02:32:10 ~-~-> 02:32:13 |say, because this is all gonna stop soon. Okay? I'm not gonna be making
1911 |1910 |02:32:13 ~-~-> 02:32:17 |videos. I want to. I want to go back to what I was doing over the summer. I want
1912 |1911 |02:32:17 ~-~-> 02:32:25 |to just relax. And I enjoyed it, but I love teaching, and when I feel that I've
1913 |1912 |02:32:25 ~-~-> 02:32:30 |given my son, Caleb, enough, I'll stop until he gets to the point where he
1914 |1913 |02:32:30 ~-~-> 02:32:35 |needs more, then I'll do some more. But I don't want to keep doing this. That's
1915 |1914 |02:32:36 ~-~-> 02:32:40 |not what I'm here for. I don't I don't care to keep doing this okay, I've
1916 |1915 |02:32:40 ~-~-> 02:32:47 |already taught. I've made profitable students. I've left a legacy of lifetime
1917 |1916 |02:32:47 ~-~-> 02:32:53 |understanding on that YouTube channel, and I'm here talking to you right now,
1918 |1917 |02:32:53 ~-~-> 02:32:57 |not monetized at all. I'm not making any money, and I'm given permission for
1919 |1918 |02:32:57 ~-~-> 02:33:01 |people to take these and put them on their own YouTube channel. That's a
1920 |1919 |02:33:01 ~-~-> 02:33:09 |gift. That's me being who I am. And my only inspiration outside of my own sons
1921 |1920 |02:33:09 ~-~-> 02:33:13 |and my daughter ever learning how to do this, is that anybody that would put
1922 |1921 |02:33:13 ~-~-> 02:33:17 |their nose to the grind about trying to learn how to tilt as well, that they
1923 |1922 |02:33:17 ~-~-> 02:33:21 |listened to the person that created it, listen to the person that authored it,
1924 |1923 |02:33:22 ~-~-> 02:33:25 |you're going to get the subtle nuances that you won't get from five minute
1925 |1924 |02:33:25 ~-~-> 02:33:29 |trainers selling my shit for $5,000 when I didn't even sell my own shit for
1926 |1925 |02:33:29 ~-~-> 02:33:36 |$5,000 that's teaching it correctly, not incorrectly. And you don't have to pay
1927 |1926 |02:33:36 ~-~-> 02:33:41 |for it, and you have the resources on a YouTube channel you can always tap into
1928 |1927 |02:33:43 ~-~-> 02:33:51 |you can leave little notes on the video, and no one else sees it, but you because
1929 |1928 |02:33:51 ~-~-> 02:33:55 |I have every one of my comments set to hold for review, that means that you can
1930 |1929 |02:33:55 ~-~-> 02:33:58 |comment to me, I can see it, as long as it's not a rude remark or anything like
1931 |1930 |02:33:58 ~-~-> 02:34:02 |that. It'll stay there, and you'll see it when you're in but it'll look like
1932 |1931 |02:34:02 ~-~-> 02:34:06 |nobody else has commented. But you that means you can use these videos as your
1933 |1932 |02:34:06 ~-~-> 02:34:10 |own little study journal and leave little minute markers. So that way, if
1934 |1933 |02:34:10 ~-~-> 02:34:13 |you want to go back to that video and say, Oh yeah, there's where I was with
1935 |1934 |02:34:13 ~-~-> 02:34:17 |that. Let me just boom, if you get to a part where you got to only a percentage
1936 |1935 |02:34:17 ~-~-> 02:34:20 |of the video, you couldn't complete it, just put down the minute mark. You stop
1937 |1936 |02:34:20 ~-~-> 02:34:24 |that and put that number in the comment section. And then when you go back to
1938 |1937 |02:34:24 ~-~-> 02:34:27 |that comment, you click it, it'll take you right to that minute marker, and you
1939 |1938 |02:34:27 ~-~-> 02:34:31 |can pick up where you left off at, I'm not going to delete it. It's not it's
1940 |1939 |02:34:31 ~-~-> 02:34:36 |not bothering me. So you'll see it. Nobody else gets to see it. And you can
1941 |1940 |02:34:36 ~-~-> 02:34:41 |manage your progress through each one of the mentorship playlists or videos like
1942 |1941 |02:34:41 ~-~-> 02:34:45 |I've made it as easy as I could, and for free, I'm not going to delete the
1943 |1942 |02:34:45 ~-~-> 02:34:49 |videos. I'm not going to take them down. I'm not doing a future paid mentorship.
1944 |1943 |02:34:49 ~-~-> 02:34:53 |So there's no reason for you to be well, I'm going to go wait for his next paid
1945 |1944 |02:34:53 ~-~-> 02:34:58 |mentorship. There is no paid mentorship. I don't want to do that. Like it's too
1946 |1945 |02:34:58 ~-~-> 02:35:02 |much to worry about all that shit. It, and whatever I taught there would just
1947 |1946 |02:35:02 ~-~-> 02:35:06 |get leaked. So I'm also just keep doing everything public, so everybody has the
1948 |1947 |02:35:06 ~-~-> 02:35:10 |same thing, and nobody needs to pay for nothing. Stop buying my stuff because
1949 |1948 |02:35:10 ~-~-> 02:35:13 |it's already on the YouTube channel. You're stupid if you're paying for it.
1950 |1949 |02:35:14 ~-~-> 02:35:18 |So and you can't buy your way into my private mentorship, because the charter
1951 |1950 |02:35:18 ~-~-> 02:35:23 |members that are there, they are part of a community that will never increase. We
1952 |1951 |02:35:23 ~-~-> 02:35:28 |just We I am able to talk to these people because they know my stuff. I I'm
1953 |1952 |02:35:28 ~-~-> 02:35:31 |not always talking about markets. Sometimes I'll talk about weird shit in
1954 |1953 |02:35:31 ~-~-> 02:35:35 |the world and stuff, and I just don't want those perspectives out in the
1955 |1954 |02:35:35 ~-~-> 02:35:39 |world, in circulation, like it's I feel comfortable and I feel safe in that
1956 |1955 |02:35:40 ~-~-> 02:35:45 |community talking about those things, but you don't deserve to be there. You
1957 |1956 |02:35:45 ~-~-> 02:35:49 |can't pay to be there, and it's not what you think. Once in a blue moon, I'll go
1958 |1957 |02:35:49 ~-~-> 02:35:53 |in there and I'll call the market and call it out loud, and we trade it. But
1959 |1958 |02:35:53 ~-~-> 02:35:57 |it's not happening as a state diet. So there's nearly no inspiration for you to
1960 |1959 |02:35:57 ~-~-> 02:36:00 |want to do it. It's just a safe place for me to talk to students that I can
1961 |1960 |02:36:00 ~-~-> 02:36:04 |trust they understand what I'm saying versus if I say something like I want
1962 |1961 |02:36:04 ~-~-> 02:36:07 |Twitter space, you know, who knows how it's gonna be interpreted if I say it on
1963 |1962 |02:36:07 ~-~-> 02:36:11 |my YouTube channel, who knows how it's gonna be interpreted? But they been
1964 |1963 |02:36:11 ~-~-> 02:36:16 |spending enough time with me. They know who I am. They know they know my
1965 |1964 |02:36:16 ~-~-> 02:36:23 |personality. They know what my concerns are for them as the community and I
1966 |1965 |02:36:23 ~-~-> 02:36:27 |believe that this year, when we finally complete the last presentation for the
1967 |1966 |02:36:27 ~-~-> 02:36:32 |2024 mentorship, that you will be equipped with information and procedures
1968 |1967 |02:36:33 ~-~-> 02:36:37 |that will allow you to go out there and find what you're looking for efficiently
1969 |1968 |02:36:37 ~-~-> 02:36:41 |and faster than you probably were afraid it was going to take for some of you
1970 |1969 |02:36:41 ~-~-> 02:36:46 |that don't get there as fast as you want to happen, the best advice I can give
1971 |1970 |02:36:46 ~-~-> 02:36:52 |you is just don't stop it's easy to let the problems of the world right now,
1972 |1971 |02:36:52 ~-~-> 02:36:55 |because everything's expensive, everything is scary and stressful and
1973 |1972 |02:36:55 ~-~-> 02:37:01 |it's hard right now, the only thing you're going to do is prolong the amount
1974 |1973 |02:37:01 ~-~-> 02:37:05 |of time it's going to take for you to get to that by panicking or trying to
1975 |1974 |02:37:05 ~-~-> 02:37:11 |rush through it. I promise you, if you just relax and let it just be a hobby
1976 |1975 |02:37:11 ~-~-> 02:37:16 |and fun to study, make that a pastime when you're back testing, put some music
1977 |1976 |02:37:16 ~-~-> 02:37:21 |on something that you like listening to and study. Just relax and find pleasure
1978 |1977 |02:37:21 ~-~-> 02:37:24 |in looking for these repeating things that happen in price action, and then do
1979 |1978 |02:37:24 ~-~-> 02:37:28 |your annotations and journal them all up and then put them in your place where
1980 |1979 |02:37:28 ~-~-> 02:37:33 |you save all that. I don't know what that would be, but however you save it.
1981 |1980 |02:37:33 ~-~-> 02:37:38 |There it is. For some of you, it could be PowerPoint. Others, it could be, I
1982 |1981 |02:37:38 ~-~-> 02:37:42 |don't know the name of that little thing that they sold. I can't recall what it
1983 |1982 |02:37:42 ~-~-> 02:37:46 |was, but it was a nice little like, it's notation.
1984 |1983 |02:37:47 ~-~-> 02:37:50 |I don't know it sounds like it's right, but it's probably isn't. But something
1985 |1984 |02:37:50 ~-~-> 02:37:53 |like that, where one of the female students of mine, she was actually
1986 |1985 |02:37:53 ~-~-> 02:37:57 |journaling all her stuff with that that was actually me, but it has to be
1987 |1986 |02:37:57 ~-~-> 02:38:02 |something you can search my journals. I've been doing for such a long time I
1988 |1987 |02:38:02 ~-~-> 02:38:06 |don't have the ability to search. And that's the only thing I wish I could
1989 |1988 |02:38:06 ~-~-> 02:38:13 |have done for that, that only that reason alone is sort of search something
1990 |1989 |02:38:13 ~-~-> 02:38:17 |by keyword and find the journal entry like if I if I want to go back and look
1991 |1990 |02:38:17 ~-~-> 02:38:21 |at cruel trades I did in the 90s, it would be able to sort out all the trades
1992 |1991 |02:38:21 ~-~-> 02:38:24 |I did with the crude oil, and I could find the one I'm thinking of by memory,
1993 |1992 |02:38:24 ~-~-> 02:38:29 |but I can't recall by date. If you do things electronically, you have the
1994 |1993 |02:38:29 ~-~-> 02:38:33 |benefit of doing that if you're like me, where it's high touch over high tech,
1995 |1994 |02:38:33 ~-~-> 02:38:37 |I'm limited in my ability to scan and search for things and go right to it,
1996 |1995 |02:38:38 ~-~-> 02:38:42 |but I'm not I'm not constantly going back into my journals. You are
1997 |1996 |02:38:42 ~-~-> 02:38:45 |developing students, and that's advantageous for you to have that
1998 |1997 |02:38:45 ~-~-> 02:38:49 |resource. And going forward, you have years and years of it behind you, you'll
1999 |1998 |02:38:49 ~-~-> 02:38:53 |still have that added benefit that I don't have as a mentor with journals.
2000 |1999 |02:38:53 ~-~-> 02:39:00 |Mine's all written out with 10. But anyway, I enjoyed spending some time
2001 |2000 |02:39:00 ~-~-> 02:39:06 |with you today. I talked about some things that hopefully will help you go
2002 |2001 |02:39:06 ~-~-> 02:39:11 |forward this week. And I want to leave you with a couple questions that way you
2003 |2002 |02:39:11 ~-~-> 02:39:16 |go forward with these in mind, I want you to think about how you feel about
2004 |2003 |02:39:16 ~-~-> 02:39:19 |the day before it starts trading what you think it's going to do. It's going
2005 |2004 |02:39:19 ~-~-> 02:39:23 |to be up close day. It's going to be a down close day. And you're not trying to
2006 |2005 |02:39:23 ~-~-> 02:39:27 |predict a closing price. You're just writing down what you think about the
2007 |2006 |02:39:27 ~-~-> 02:39:34 |day. And then I want you to write down why you believe what you believe. I want
2008 |2007 |02:39:34 ~-~-> 02:39:38 |you to write down how you think that the session that ends, the morning session.
2009 |2008 |02:39:38 ~-~-> 02:39:44 |Okay, so we'll we'll call it 1130 to 12 o'clock in that in that 30 minute
2010 |2009 |02:39:44 ~-~-> 02:39:50 |interval you want to be simple. Do it like I told Caleb 3011? 30 is the end of
2011 |2010 |02:39:50 ~-~-> 02:39:57 |your morning session. So at 1130 will the closing price that makes the 1131
2012 |2011 |02:39:58 ~-~-> 02:40:04 |minute candle be higher? It at a 930 opening price, or below it. I want you
2013 |2012 |02:40:04 ~-~-> 02:40:09 |to ask yourself, what you think that's going to occur. You have to determine
2014 |2013 |02:40:09 ~-~-> 02:40:16 |that at 10 o'clock. So at 10 o'clock, the opening range completes. Now you
2015 |2014 |02:40:16 ~-~-> 02:40:21 |have 30 minutes behind you. Are we going to close higher at 1130s one minute
2016 |2015 |02:40:21 ~-~-> 02:40:27 |candle, then the 930 opening price or lower, and why you think that's going to
2017 |2016 |02:40:27 ~-~-> 02:40:32 |be the case. And I want you to do the same thing for if you have an interest
2018 |2017 |02:40:32 ~-~-> 02:40:36 |in the pm session, if you never want to be trading the pm session, then don't do
2019 |2018 |02:40:36 ~-~-> 02:40:39 |this. But if you want to do it for extra credit and just as a process of
2020 |2019 |02:40:39 ~-~-> 02:40:43 |improving your ability to anticipate price action. You're going to be doing
2021 |2020 |02:40:43 ~-~-> 02:40:52 |the same thing at 130 that starts the pm session between 130 and two o'clock. In
2022 |2021 |02:40:52 ~-~-> 02:40:57 |that 30 minute interval, I want you to think about, are you going to see the
2023 |2022 |02:40:57 ~-~-> 02:41:03 |opening price at two o'clock on that one minute candle at two o'clock Eastern
2024 |2023 |02:41:03 ~-~-> 02:41:09 |time. Are we going to close at four o'clock, above that price or below? And
2025 |2024 |02:41:09 ~-~-> 02:41:13 |how and why you came to that conclusion. I want you to do that every single day
2026 |2025 |02:41:13 ~-~-> 02:41:18 |this week, and then we'll talk about that next weekend, until I talk to you
2027 |2026 |02:41:18 ~-~-> 02:41:23 |tomorrow in live stream on YouTube. I will be live streaming at 920 ish,
2028 |2027 |02:41:23 ~-~-> 02:41:27 |something like that, a couple minutes before 930 and so I talk to you then,
2029 |2028 |02:41:27 ~-~-> 02:41:29 |Lord willing be safe. You.