Wiki source code of 005-ict-tw-spaces-2025-05-03-Keys-To-Understanding-The-Present-Market-Narrative
Last modified by Drunk Monkey on 2025-05-08 12:13
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2 | |1 |00:00:00 ~-~-> 00:00:04 |ICT: Good morning folks. Hope you're doing well. If you could be so kind as | ||
3 | |2 |00:00:04 ~-~-> 00:00:08 |to give me a five by five, just send me a post on x let me know that you can | ||
4 | |3 |00:00:08 ~-~-> 00:00:14 |hear me. Was acting up a little bit earlier today. Wasn't able to see | ||
5 | |4 |00:00:14 ~-~-> 00:00:17 |anybody's posts on my time | ||
6 | |5 |00:00:19 ~-~-> 00:00:25 |timeline. So I'm not sure if you can hear me. Okay, if you could just a five | ||
7 | |6 |00:00:25 ~-~-> 00:00:26 |by five would be fine, | ||
8 | |7 |00:00:31 ~-~-> 00:00:37 |alrighty. Thank you so much. Well, good morning. By the way, it is a good | ||
9 | |8 |00:00:37 ~-~-> 00:00:43 |morning, isn't it? Every day above ground is a good day. Uh, to take a | ||
10 | |9 |00:00:43 ~-~-> 00:00:47 |moment real quick, just to let you know that don't think, that I don't | ||
11 | |10 |00:00:47 ~-~-> 00:00:52 |appreciate the fact you're putting in yet for yourself a Saturday morning | ||
12 | |11 |00:00:53 ~-~-> 00:01:00 |listening to the old troublemaker pour out 33 years of experience, doing it | ||
13 | |12 |00:01:00 ~-~-> 00:01:04 |wrong, doing it right, doing it the best. So congratulations for having the | ||
14 | |13 |00:01:04 ~-~-> 00:01:09 |tenacity of coming up here, wake up early enough, or stay up late enough, or | ||
15 | |14 |00:01:09 ~-~-> 00:01:15 |defer your weekend warrior events to do this. I will promise you today. You know | ||
16 | |15 |00:01:15 ~-~-> 00:01:20 |I tend to go long sometimes, but I have something I have to be a part of today. | ||
17 | |16 |00:01:20 ~-~-> 00:01:24 |So I know sometimes I I read you in the beginning space, it's going to be a | ||
18 | |17 |00:01:24 ~-~-> 00:01:29 |short one four hours. We will be very wrong with this one today. Okay, it'll | ||
19 | |18 |00:01:29 ~-~-> 00:01:39 |be under 45 or so. I want to kind of like draw a contrast to two concepts | ||
20 | |19 |00:01:39 ~-~-> 00:01:46 |that many times gets confused either by my presentation, which I'll admit, | ||
21 | |20 |00:01:46 ~-~-> 00:01:52 |sometimes I'm not always the best in terms of articulating when I'm ranting, | ||
22 | |21 |00:01:52 ~-~-> 00:01:58 |I'm just basically going where I'm feeling led by at that moment, and | ||
23 | |22 |00:01:58 ~-~-> 00:02:04 |Today, I kind of like a little bit more focused, because I want to draw a very | ||
24 | |23 |00:02:04 ~-~-> 00:02:12 |stark separation between daily bias in the marketplace and narrative. And I | ||
25 | |24 |00:02:12 ~-~-> 00:02:21 |want to open it up with initially stating that the bias on a market is | ||
26 | |25 |00:02:21 ~-~-> 00:02:27 |absolutely not a narrative, okay? And I've had over the years, students come | ||
27 | |26 |00:02:27 ~-~-> 00:02:35 |in and say, What should I focus on? Like, what's the first thing as a | ||
28 | |27 |00:02:35 ~-~-> 00:02:40 |developing student trainer or someone that's a break even then type trainer, | ||
29 | |28 |00:02:41 ~-~-> 00:02:49 |what should they focus on first? And they think, they think it's entries. | ||
30 | |29 |00:02:50 ~-~-> 00:02:54 |Tell me how to get into a marketplace. How do I know when to buy it? How do I | ||
31 | |30 |00:02:54 ~-~-> 00:02:58 |know when to sell it? What's the what's the entry mechanism that never fails? | ||
32 | |31 |00:02:58 ~-~-> 00:03:03 |What's the buy signal and sell signal that allows me to not worry about you | ||
33 | |32 |00:03:03 ~-~-> 00:03:14 |placing a stop loss, because you're too first realize risks, and before you even | ||
34 | |33 |00:03:14 ~-~-> 00:03:19 |get to that stage of knowing when to buy one to sell or even stop losses, because | ||
35 | |34 |00:03:19 ~-~-> 00:03:25 |they're pretty Easy, the very thing that you're afraid of the most things and | ||
36 | |35 |00:03:25 ~-~-> 00:03:30 |stop loss and controlling the risk, that's the easiest thing. That's the | ||
37 | |36 |00:03:30 ~-~-> 00:03:34 |easiest thing to do. And you can tell, and I was guilty of this in the | ||
38 | |37 |00:03:34 ~-~-> 00:03:38 |beginning, too. As a 20 year old, I was afraid to place a stop loss because I | ||
39 | |38 |00:03:38 ~-~-> 00:03:43 |was afraid I'd be wrong. I was afraid they would stop me out at the time. I | ||
40 | |39 |00:03:43 ~-~-> 00:03:49 |didn't think of a collective today doing the air quotations. I just figured that | ||
41 | |40 |00:03:49 ~-~-> 00:03:53 |the market would just come back and get my stop and then run without and I | ||
42 | |41 |00:03:54 ~-~-> 00:03:58 |didn't even have enough experience at the time. We weren't that fear, but it | ||
43 | |42 |00:03:58 ~-~-> 00:04:01 |just goes to show that that's what we're afraid of. We're afraid of being one. | ||
44 | |43 |00:04:01 ~-~-> 00:04:05 |We're afraid of losing money. As an investor, as an entrepreneur, as a | ||
45 | |44 |00:04:05 ~-~-> 00:04:10 |trader, you got to warm up with the idea that you're going to do it wrong. The | ||
46 | |45 |00:04:10 ~-~-> 00:04:15 |market will sometimes just be stupid and do something that you did not expect. | ||
47 | |46 |00:04:15 ~-~-> 00:04:27 |Okay, and that might incur a loss. So the bias on a marketplace that's very | ||
48 | |47 |00:04:27 ~-~-> 00:04:32 |simply, are you bullish or bearish? Now you can be bullish or bearish on the | ||
49 | |48 |00:04:32 ~-~-> 00:04:37 |daily chart, the weekly chart, and have a very long term or intermediate term | ||
50 | |49 |00:04:38 ~-~-> 00:04:44 |bias, but I'm bullish on gold, I'm bullish on equities, I'm bullish on, you | ||
51 | |50 |00:04:44 ~-~-> 00:04:52 |know, whatever currency you're interested but for what time frame are | ||
52 | |51 |00:04:52 ~-~-> 00:04:57 |you bullish? Because I can be bullish for 10 minutes trading in a 15 second | ||
53 | |52 |00:04:57 ~-~-> 00:05:04 |chart, but you. Inside of a long term macro bearish market. And I can trade | ||
54 | |53 |00:05:04 ~-~-> 00:05:11 |properly doing that. So many of you are so rushed to try to get into something | ||
55 | |54 |00:05:12 ~-~-> 00:05:19 |you're not giving yourself the adequate time to learn how to trust a bias, and | ||
56 | |55 |00:05:19 ~-~-> 00:05:24 |then moving past that to where the rubber meets the beats the road. It's | ||
57 | |56 |00:05:24 ~-~-> 00:05:31 |narrative. See, bias is rather simplistic. You arrive at that chart. | ||
58 | |57 |00:05:32 ~-~-> 00:05:38 |You arrive at that one is the market going to go higher, to an old pool | ||
59 | |58 |00:05:38 ~-~-> 00:05:42 |liquidity, an old relative equal high two highs that are close proximity to | ||
60 | |59 |00:05:42 ~-~-> 00:05:50 |one another. In the most recent one being slightly lower. That's like, it's | ||
61 | |60 |00:05:50 ~-~-> 00:05:55 |where all the retail traders want to feel real safe if they mature, placing | ||
62 | |61 |00:05:55 ~-~-> 00:06:01 |their stop loss just above that. So I teach you just try to reach for that. | ||
63 | |62 |00:06:01 ~-~-> 00:06:07 |And that is simply cut and dry, as easy as you can get for a bias, whatever time | ||
64 | |63 |00:06:07 ~-~-> 00:06:13 |frame that exists on the relative equal highs, that's the time frame that you're | ||
65 | |64 |00:06:13 ~-~-> 00:06:19 |bullish. Does not mean you won't have down candles. It doesn't mean you won't | ||
66 | |65 |00:06:19 ~-~-> 00:06:24 |have down days in between where it is right now and when it gets there. But | ||
67 | |66 |00:06:24 ~-~-> 00:06:29 |all too many times Traders See a down day when it's unlikely bullish, | ||
68 | |67 |00:06:34 ~-~-> 00:06:39 |because it probably just reversed, because they closed down 100 that | ||
69 | |68 |00:06:41 ~-~-> 00:06:51 |doesn't mean anything to do. So I shouldn't have any, I guess, bearing on | ||
70 | |69 |00:06:51 ~-~-> 00:06:57 |what you believe is published on that time frame. In fact, it's good that | ||
71 | |70 |00:06:57 ~-~-> 00:07:01 |there's downloads in higher Time Frame charts like that, because that's how | ||
72 | |71 |00:07:01 ~-~-> 00:07:05 |order blocks are created. Market trades above that, down, close | ||
73 | |72 |00:07:05 ~-~-> 00:07:09 |candle, and it comes back and touches the token price. You have a change in | ||
74 | |73 |00:07:09 ~-~-> 00:07:10 |state delivery for the | ||
75 | |74 |00:07:10 ~-~-> 00:07:16 |short term, but it's already been bullish. You see how quickly a NEO fund, | ||
76 | |75 |00:07:16 ~-~-> 00:07:21 |someone new, can get lost in the time frames and feeling the Sands of Time | ||
77 | |76 |00:07:21 ~-~-> 00:07:25 |were just carrying me here and there, and I don't know what I'm doing. Why is | ||
78 | |77 |00:07:25 ~-~-> 00:07:29 |ICP calling it bullish? Why is he looking for it to go here? Why is he | ||
79 | |78 |00:07:29 ~-~-> 00:07:32 |looking for it to go there? Why didn't he do this? And why didn't he do that, | ||
80 | |79 |00:07:33 ~-~-> 00:07:42 |talking about today character, see, it's not enough to know that it's likely to | ||
81 | |80 |00:07:42 ~-~-> 00:07:47 |go up. It's not likely to go straight up every single day when you're foolish | ||
82 | |81 |00:07:48 ~-~-> 00:07:50 |back it's unreasonable. Far less like | ||
83 | |82 |00:07:58 ~-~-> 00:07:58 |doesn't go up to | ||
84 | |83 |00:08:05 ~-~-> 00:08:10 |up out of all the books I've got all the office I listen to, even people that | ||
85 | |84 |00:08:10 ~-~-> 00:08:16 |claim to have me lots of money, even my initially, your first mentor, Larry | ||
86 | |85 |00:08:16 ~-~-> 00:08:23 |Williams, his tools rather simplistic, but didn't really get to the core of | ||
87 | |86 |00:08:24 ~-~-> 00:08:31 |what I was aching for was, how do I navigate this stuff, even if I see all | ||
88 | |87 |00:08:31 ~-~-> 00:08:39 |the things that I had grown to trust as a brand new student that was 1895 I had | ||
89 | |88 |00:08:39 ~-~-> 00:08:45 |To find my my way through all that stuff, because I would over analyze, I | ||
90 | |89 |00:08:45 ~-~-> 00:08:49 |would second guess. I would sprinkle this and that from everybody else that I | ||
91 | |90 |00:08:49 ~-~-> 00:08:57 |thought I was learning good stuff from, and it wasn't healthy. Wasn't healthy at | ||
92 | |91 |00:08:57 ~-~-> 00:09:02 |all, because I didn't know the mechanics of what was going on, timeless | ||
93 | |92 |00:09:03 ~-~-> 00:09:10 |liquidity, time based delivery, and that's the crux of what makes | ||
94 | |93 |00:09:10 ~-~-> 00:09:15 |algorithmic price delivery, what it is, it has absolutely zero to do with how | ||
95 | |94 |00:09:15 ~-~-> 00:09:22 |many people are buying and how many People are selling. And it's silly when | ||
96 | |95 |00:09:22 ~-~-> 00:09:26 |you think about it, because you say, Oh, look at the buyers, the buying pressure. | ||
97 | |96 |00:09:28 ~-~-> 00:09:34 |Here's how you quickly throw that into the bin. Okay, you cannot get filled on | ||
98 | |97 |00:09:34 ~-~-> 00:09:39 |a long purchase of any instrument at all. How about someone took the other | ||
99 | |98 |00:09:39 ~-~-> 00:09:51 |side of it. So there's transactions there. They're on both sides. It's funny | ||
100 | |99 |00:09:51 ~-~-> 00:09:57 |how everybody misses the idea there. It's going up no matter how many | ||
101 | |100 |00:09:57 ~-~-> 00:10:05 |contracts, how many shares, how many. Lots whatever entities matter. It's | ||
102 | |101 |00:10:07 ~-~-> 00:10:13 |still the same buying and selling pressure at the same time. But you'll | ||
103 | |102 |00:10:13 ~-~-> 00:10:17 |believe the books. You'll believe the authors that regurgitate everything else | ||
104 | |103 |00:10:17 ~-~-> 00:10:23 |the books have called and it's funny how you're always learning and never come | ||
105 | |104 |00:10:23 ~-~-> 00:10:26 |into the knowledge of the truth. You're never getting there, because you're | ||
106 | |105 |00:10:26 ~-~-> 00:10:32 |believing the lies and you're drinking from the well that's tainted. If you go | ||
107 | |106 |00:10:32 ~-~-> 00:10:36 |in looking for things that are false, not realizing what you're looking for is | ||
108 | |107 |00:10:36 ~-~-> 00:10:44 |false. It's flawed logic, and it's it's easy to grow accustomed to saying, Well, | ||
109 | |108 |00:10:44 ~-~-> 00:10:51 |you know, this game is random. It's not an even distribution of buying and | ||
110 | |109 |00:10:51 ~-~-> 00:10:56 |selling winners. In my trading, I have to always be willing to see the market | ||
111 | |110 |00:10:56 ~-~-> 00:11:11 |go into states of randomness. And that is everything's in here for that. See it | ||
112 | |111 |00:11:11 ~-~-> 00:11:16 |happens, and we're trained right to a specific level, down to the quarter | ||
113 | |112 |00:11:16 ~-~-> 00:11:26 |point stops and one has to admit, either the world collectively is, listen, it's | ||
114 | |113 |00:11:26 ~-~-> 00:11:33 |a little old me, a nobody from Middle River, Maryland, and they're all | ||
115 | |114 |00:11:33 ~-~-> 00:11:38 |marching to the beat and drum the pied piper playing. And they're buying. | ||
116 | |115 |00:11:38 ~-~-> 00:11:40 |They're selling. They're stopping exactly where I said that level should | ||
117 | |116 |00:11:40 ~-~-> 00:11:47 |be sensitive or and this is the truth of what it is. Market should break and | ||
118 | |117 |00:11:47 ~-~-> 00:11:52 |they're set to that level by algorithmic price that it doesn't matter. All of a | ||
119 | |118 |00:11:52 ~-~-> 00:11:57 |sudden, nobody wants to buy above that tick height. No one wants to sell below | ||
120 | |119 |00:11:57 ~-~-> 00:12:05 |the tick when it's been dropping right where we say it's going to go to. Okay, | ||
121 | |120 |00:12:05 ~-~-> 00:12:13 |look at your level two data. There's the orders below. Why aren't they getting | ||
122 | |121 |00:12:13 ~-~-> 00:12:18 |back? Because they're not part of the party, folks, they're not, they're not. | ||
123 | |122 |00:12:18 ~-~-> 00:12:28 |They're just left outside the 501 club. The people that are in the face right | ||
124 | |123 |00:12:28 ~-~-> 00:12:32 |now, they're in there. They're moving and shaking. They're in there. They have | ||
125 | |124 |00:12:32 ~-~-> 00:12:39 |been ushered in to the highest place right now. That's the volatility in the | ||
126 | |125 |00:12:39 ~-~-> 00:12:43 |marketplace right now. They're in there, and you always have people that are | ||
127 | |126 |00:12:43 ~-~-> 00:12:52 |outside waiting for somebody to let more people into the party they're trying to | ||
128 | |127 |00:12:52 ~-~-> 00:12:59 |usher in. Please let me slip in. I'm at my foot. I can't let my in. Think about | ||
129 | |128 |00:12:59 ~-~-> 00:13:06 |like that. Why aren't these moves getting that one quarter tick past it, | ||
130 | |129 |00:13:06 ~-~-> 00:13:16 |when there's 300 buyers, 300 500 just beyond where we said it's going to go | ||
131 | |130 |00:13:16 ~-~-> 00:13:30 |and it says can't come straight. You've never investigated because the books | ||
132 | |131 |00:13:30 ~-~-> 00:13:37 |never told you to think that, just like when you go to school, they don't teach | ||
133 | |132 |00:13:37 ~-~-> 00:13:40 |you how to be an entrepreneur, they don't teach you how to be your own | ||
134 | |133 |00:13:40 ~-~-> 00:13:47 |business person and pay less taxes, get paid to spend the money that you made | ||
135 | |134 |00:13:47 ~-~-> 00:13:52 |through your business, and then pay less in taxes and sign that makes even more | ||
136 | |135 |00:13:52 ~-~-> 00:14:03 |than A salary you're going in, ill equipped, ill informed, uneducated, and | ||
137 | |136 |00:14:03 ~-~-> 00:14:07 |I'm raising my hand right now because that's exactly how I started to as a 20 | ||
138 | |137 |00:14:07 ~-~-> 00:14:15 |year old in 1992 I absolutely had no idea what I was doing, zero and scared. | ||
139 | |138 |00:14:16 ~-~-> 00:14:20 |And every time I went in and I was buying I really didn't know what I was | ||
140 | |139 |00:14:20 ~-~-> 00:14:26 |doing. I was very anxious. I could not afford to lose any money, and the times | ||
141 | |140 |00:14:26 ~-~-> 00:14:31 |that I was wrong, I didn't understand how the market was going to come back | ||
142 | |141 |00:14:32 ~-~-> 00:14:33 |and take the sales stops. | ||
143 | |142 |00:14:42 ~-~-> 00:15:00 |Hey, that was the finding my way actually through understanding. Concept | ||
144 | |143 |00:15:00 ~-~-> 00:15:05 |of a parent, because I was a perpetual fool, not because that's better than | ||
145 | |144 |00:15:05 ~-~-> 00:15:10 |anything else, not because Larry Williams said so, not because anybody | ||
146 | |145 |00:15:10 ~-~-> 00:15:14 |else I was beating the bull from said it's the only way to make money to go | ||
147 | |146 |00:15:14 ~-~-> 00:15:21 |along. Remember, I was treating commodities, greens, cattle, lean, buy | ||
148 | |147 |00:15:21 ~-~-> 00:15:26 |hogs. Think about it. Those markets are not just like straight up or straight | ||
149 | |148 |00:15:26 ~-~-> 00:15:30 |down. They're all over the place. They have real supply, demand factors | ||
150 | |149 |00:15:30 ~-~-> 00:15:34 |associated with them, not like equities, not like index features, not even like | ||
151 | |150 |00:15:34 ~-~-> 00:15:40 |currencies. That's artificial. But the world's grocery store commodities, they | ||
152 | |151 |00:15:41 ~-~-> 00:15:46 |have a real value. They're always going to have. They're never going to zero. | ||
153 | |152 |00:15:47 ~-~-> 00:15:53 |Bitcoin can go to zero. Cattle prices will never go to zero. Everybody has | ||
154 | |153 |00:15:53 ~-~-> 00:16:05 |their cheaper Okay, sometimes it's big, but narrative tells you, as the trader, | ||
155 | |154 |00:16:06 ~-~-> 00:16:15 |is it really the right time to be buying when my bias is bullish, and narrative | ||
156 | |155 |00:16:15 ~-~-> 00:16:20 |is the definition of how that timeframe that you're looking at is going to | ||
157 | |156 |00:16:20 ~-~-> 00:16:25 |deliver to whatever target you arrive at in your analysis. Case in point would be | ||
158 | |157 |00:16:25 ~-~-> 00:16:31 |this. Let's assume for a moment you're bullish on NASA, and you look at the | ||
159 | |158 |00:16:31 ~-~-> 00:16:35 |weekly chart, you feel like, okay, it's going to go higher, and I think it's | ||
160 | |159 |00:16:35 ~-~-> 00:16:40 |going to go up six to 600 to 700 handles from where it is at present. I'm not | ||
161 | |160 |00:16:40 ~-~-> 00:16:43 |saying that's the case for right now. Saying like the bed, I know you're | ||
162 | |161 |00:16:43 ~-~-> 00:16:47 |probably listening to it when someone asks you to and there's no reference to | ||
163 | |162 |00:16:47 ~-~-> 00:16:55 |time, so don't listen to this thinking I'm applying to pre present marketing | ||
164 | |163 |00:16:55 ~-~-> 00:16:55 |charts. | ||
165 | |164 |00:17:02 ~-~-> 00:17:13 |And over the course of one or two, three, maybe four weeks of time. So | ||
166 | |165 |00:17:15 ~-~-> 00:17:20 |you're going to submit yourself to four weeks of time for that target to be | ||
167 | |166 |00:17:20 ~-~-> 00:17:25 |delivered to. There's relative equal high up there. There's a fair value gap, | ||
168 | |167 |00:17:25 ~-~-> 00:17:29 |something other than balance. There's your reason for going up there. That's | ||
169 | |168 |00:17:29 ~-~-> 00:17:34 |not the most important thing. The important thing is now that you arrive | ||
170 | |169 |00:17:34 ~-~-> 00:17:44 |at that bullish bias, how will every single daily candle paints how the price | ||
171 | |170 |00:17:44 ~-~-> 00:17:50 |book want to deal with Shark. We're going to overview how it flows that day, | ||
172 | |171 |00:17:51 ~-~-> 00:18:02 |how it goes Monday and Friday. Where's the low from how much can it move for | ||
173 | |172 |00:18:02 ~-~-> 00:18:09 |that particular and still be bullish, but not deliver it all in one shot? | ||
174 | |173 |00:18:11 ~-~-> 00:18:16 |These are all questions. You have to have kind of a checklist. Now, I used to | ||
175 | |174 |00:18:16 ~-~-> 00:18:20 |have a checklist that used to be a long like a pre flight list of things I'd | ||
176 | |175 |00:18:20 ~-~-> 00:18:25 |worry about, and I shared it before, and you're gonna ask for it right now, and | ||
177 | |176 |00:18:25 ~-~-> 00:18:29 |I'm sure somebody that has collected everything I've seen has it, will | ||
178 | |177 |00:18:29 ~-~-> 00:18:38 |probably share. That's okay, that'll do. But it's as simple as this. Every | ||
179 | |178 |00:18:38 ~-~-> 00:18:45 |session that is the London that is the Asian session, | ||
180 | |179 |00:18:54 ~-~-> 00:19:06 |all of this information session, also, time based range, where there is what is | ||
181 | |180 |00:19:06 ~-~-> 00:19:14 |going to do in that signal time. And they're like puzzle pieces. Think about | ||
182 | |181 |00:19:14 ~-~-> 00:19:19 |like this. Anyone that does jigsaws, and I love jigsaw puzzles. I'm a I'm a | ||
183 | |182 |00:19:19 ~-~-> 00:19:22 |problem solver. I've always invested puzzles, and I've collected jigsaw | ||
184 | |183 |00:19:22 ~-~-> 00:19:28 |puzzles since I was a young guy, and the more pieces there are, the more I love | ||
185 | |184 |00:19:28 ~-~-> 00:19:32 |it. And anybody that's ever done anything like puzzle knows that you | ||
186 | |185 |00:19:32 ~-~-> 00:19:37 |gather all the smooth edges those pieces first. Doesn't that sound similar? | ||
187 | |186 |00:19:38 ~-~-> 00:19:43 |Doesn't it have echoes to something I've already been teaching find that where | ||
188 | |187 |00:19:43 ~-~-> 00:19:47 |it's smooth, okay? And then when you get all those smooth pieces, what are you | ||
189 | |188 |00:19:47 ~-~-> 00:19:53 |doing? You're picking the border, the furthest extreme of whatever that image | ||
190 | |189 |00:19:53 ~-~-> 00:19:59 |is that makes that jitsu. You build that border first and then start working. | ||
191 | |190 |00:20:00 ~-~-> 00:20:05 |Your way in. That's the season two of jigsaw puzzles. You find all the border | ||
192 | |191 |00:20:05 ~-~-> 00:20:11 |pieces first and then work your way in. Well, when I teach you reprise action, | ||
193 | |192 |00:20:11 ~-~-> 00:20:19 |what do I tell you? Look for, look where it's smooth in price, because that's | ||
194 | |193 |00:20:19 ~-~-> 00:20:23 |where it's going to disrupt. And here's the wonderful thing that occurs every | ||
195 | |194 |00:20:23 ~-~-> 00:20:29 |session, every session, but you're looking at it just for the daily range | ||
196 | |195 |00:20:29 ~-~-> 00:20:36 |on a 15 minute time frame where you're looking at it from low to high. Only one | ||
197 | |196 |00:20:36 ~-~-> 00:20:40 |pool of liquidity. It's all that's going on right now. It's only going to reach | ||
198 | |197 |00:20:40 ~-~-> 00:20:46 |for this one. And that's fine in the beginning, it's absolutely fine. That's | ||
199 | |198 |00:20:46 ~-~-> 00:20:50 |the proper way of going through it. But if you stay there, you stagnate that | ||
200 | |199 |00:20:50 ~-~-> 00:21:02 |perspective only looking forward, that's how you should start that's a low | ||
201 | |200 |00:21:02 ~-~-> 00:21:07 |hanging fruit objective that's easy to get to. It's a quick, easy reward. It's | ||
202 | |201 |00:21:07 ~-~-> 00:21:14 |an atta boy, the instant gratification of seeing it deliver like that. That is | ||
203 | |202 |00:21:14 ~-~-> 00:21:23 |important as a development trigger. But it's not all there is. It's not all | ||
204 | |203 |00:21:23 ~-~-> 00:21:29 |there is. The reason why I teach the lower time frames is because it gives | ||
205 | |204 |00:21:29 ~-~-> 00:21:37 |you greater detail. It gets you down to the microscopic level, like someone that | ||
206 | |205 |00:21:37 ~-~-> 00:21:44 |is a an engineer, and they study structures, real structures, steel | ||
207 | |206 |00:21:44 ~-~-> 00:21:52 |bridges and whatnot. And they don't just walk around and look for bends and | ||
208 | |207 |00:21:52 ~-~-> 00:21:57 |cracks. They're looking really detailed because they see stress fractures that | ||
209 | |208 |00:21:57 ~-~-> 00:22:01 |are forming that you just won't see it'll make it up. So what are they | ||
210 | |209 |00:22:01 ~-~-> 00:22:03 |doing? They're studying that bridge. They're looking at the lower time | ||
211 | |210 |00:22:03 ~-~-> 00:22:11 |frames, the microscopic level. They're looking at stretch fracture, well in | ||
212 | |211 |00:22:11 ~-~-> 00:22:15 |front of that sub one minute already. So | ||
213 | |212 |00:22:23 ~-~-> 00:22:29 |lots of teaching, lots of study material. See it every day, not just one | ||
214 | |213 |00:22:29 ~-~-> 00:22:36 |time. Wait weeks and weeks and weeks for healing charts. Don't be stubborn as a | ||
215 | |214 |00:22:36 ~-~-> 00:22:40 |student. If you're stubborn as a student, you won't learn. You have to be | ||
216 | |215 |00:22:40 ~-~-> 00:22:45 |always ready at the moment to learn something that I'm telling you is | ||
217 | |216 |00:22:45 ~-~-> 00:22:50 |practical. That means everything that I'm applying to like, say, a 15 second | ||
218 | |217 |00:22:50 ~-~-> 00:22:56 |chart. All those things happen on a four hour chart. They happen on a daily | ||
219 | |218 |00:22:56 ~-~-> 00:23:01 |chart, they happen on a monthly chart, they happen on a yearly chart. Okay, so | ||
220 | |219 |00:23:01 ~-~-> 00:23:03 |don't get yourself all that kind of shape thinking, Oh, this doesn't add | ||
221 | |220 |00:23:03 ~-~-> 00:23:10 |this doesn't apply to me. So let me just excuse myself. Don't do that. If you | ||
222 | |221 |00:23:10 ~-~-> 00:23:18 |look at a sub one minute chart for the session. So | ||
223 | |222 |00:23:35 ~-~-> 00:23:44 |so it's an hour and a half time, and there was on a minute cycle. This is a | ||
224 | |223 |00:23:44 ~-~-> 00:23:55 |block of nine minutes. If you look at sub one minute, you're going to see lots | ||
225 | |224 |00:23:55 ~-~-> 00:24:00 |and lots of relative equal highs and relative equal lows, and you'll see how | ||
226 | |225 |00:24:00 ~-~-> 00:24:03 |the market gyrates and clears those and then moves in the direction you thought | ||
227 | |226 |00:24:03 ~-~-> 00:24:10 |was going to go, assuming your bias is correct. So narrative affords you the | ||
228 | |227 |00:24:10 ~-~-> 00:24:15 |understanding of how on these smaller time frames, one minute, five minutes, | ||
229 | |228 |00:24:15 ~-~-> 00:24:23 |sub one minute, how they're going to go intraday and see do not need level, | ||
230 | |229 |00:24:27 ~-~-> 00:24:37 |profile, all the other stuff, PSA, all that stuff. It's no different than a | ||
231 | |230 |00:24:37 ~-~-> 00:24:43 |bulletproof banner. DNA, exponential, media. They're just gimmicks. But you | ||
232 | |231 |00:24:43 ~-~-> 00:24:50 |know what? What I'm teaching has a gimmick to it. It's liquidity. And I'm | ||
233 | |232 |00:24:50 ~-~-> 00:24:54 |teaching you how to not even spend that much time worrying about if you're right | ||
234 | |233 |00:24:54 ~-~-> 00:24:58 |or wrong, about where it exists, because they're always going to be below a | ||
235 | |234 |00:24:58 ~-~-> 00:25:06 |single low. And even more so, below closely correlated lows. That means | ||
236 | |235 |00:25:06 ~-~-> 00:25:11 |they're very, very close in proximity to around the same price. And the one | ||
237 | |236 |00:25:11 ~-~-> 00:25:16 |that's most recently formed, if it's a low, it's gonna be slightly higher than | ||
238 | |237 |00:25:16 ~-~-> 00:25:20 |the one previous to it that validates it. That's prime candidate for liquidity | ||
239 | |238 |00:25:20 ~-~-> 00:25:27 |run made it and rip it and go the other direction. That's narrative. How does | ||
240 | |239 |00:25:27 ~-~-> 00:25:33 |ICT buy it there? Why didn't you use that right there? Why didn't he buy it | ||
241 | |240 |00:25:33 ~-~-> 00:25:37 |there? Why didn't we look at this as the market structure here? That's what I'm | ||
242 | |241 |00:25:37 ~-~-> 00:25:44 |answering. Now a new student, it's less than it did. Leave something where you | ||
243 | |242 |00:25:44 ~-~-> 00:25:48 |have your head, but I promise you bookmark this. They're gonna put it on | ||
244 | |243 |00:25:48 ~-~-> 00:25:53 |their YouTube channel, and I gave them permission. But these are, this is my I | ||
245 | |244 |00:25:53 ~-~-> 00:26:02 |could talk this talk, but that revenue, because I don't need the money and to | ||
246 | |245 |00:26:02 ~-~-> 00:26:08 |prove that I'm trying to teach you helping, and the teacher needs notified | ||
247 | |246 |00:26:08 ~-~-> 00:26:14 |by doing it, I know this is preaching. I know it's helping, but don't be | ||
248 | |247 |00:26:14 ~-~-> 00:26:20 |frustrated if you're relatively new and it feels like it's going over your head. | ||
249 | |248 |00:26:20 ~-~-> 00:26:24 |The people that do put it on their own YouTube channel, could you please just | ||
250 | |249 |00:26:24 ~-~-> 00:26:28 |make sure you post the link? Don't do it 50 times in the comment section under | ||
251 | |250 |00:26:28 ~-~-> 00:26:34 |this that's it's just one time. It's necessary. Don't spam so that way folks | ||
252 | |251 |00:26:34 ~-~-> 00:26:38 |can watch it on your YouTube channel. They can pull up subtitles and do all | ||
253 | |252 |00:26:38 ~-~-> 00:26:42 |that stuff and not worry me. But come back to this lesson and be a little bit | ||
254 | |253 |00:26:42 ~-~-> 00:26:46 |more speak. Bit more experience. About two months experience, if you're brand | ||
255 | |254 |00:26:46 ~-~-> 00:26:49 |new, about two months of watching my material when I'm going to before it | ||
256 | |255 |00:26:49 ~-~-> 00:26:54 |happens, then this lesson will be much more to you then. But the brand new | ||
257 | |256 |00:26:54 ~-~-> 00:26:58 |upstart, it seems alien, feels disconnected. But for the folks have | ||
258 | |257 |00:26:58 ~-~-> 00:27:04 |been around for a while you've been around the block, you understand there | ||
259 | |258 |00:27:04 ~-~-> 00:27:09 |are fair value that I said I won't touch. There are order blocks. I'm not | ||
260 | |259 |00:27:09 ~-~-> 00:27:15 |trading. I'm finding the ones that make sense right now, because I'm trading | ||
261 | |260 |00:27:15 ~-~-> 00:27:20 |with proper merits. I know I'm delicious. I make very close to you, | ||
262 | |261 |00:27:21 ~-~-> 00:27:26 |it's going higher on the daily chart. Here's where it's going to go to | ||
263 | |262 |00:27:26 ~-~-> 00:27:32 |wonderful again this past week, I was a little nervous. The previous week, I was | ||
264 | |263 |00:27:32 ~-~-> 00:27:40 |afraid it was going to work. Oh, Michael, did this guy fooled himself? | ||
265 | |264 |00:27:40 ~-~-> 00:27:49 |But knowing the high and the low of the session each session, as we close the | ||
266 | |265 |00:27:49 ~-~-> 00:27:54 |morning session, call it 11 o'clock in the morning Eastern so 930 opening bell | ||
267 | |266 |00:27:54 ~-~-> 00:28:03 |activities go through that range as soon as 11 o'clock hits, go down to a one | ||
268 | |267 |00:28:03 ~-~-> 00:28:10 |minute chart, screenshot it, and then go into a 15 second chart. Now I understand | ||
269 | |268 |00:28:10 ~-~-> 00:28:16 |some of you don't have a 15 second chart. This coming week, I will post | ||
270 | |269 |00:28:16 ~-~-> 00:28:21 |them for you. Okay? I will post them in the telegram channel, so I will give you | ||
271 | |270 |00:28:21 ~-~-> 00:28:28 |the same canvas that I'm going to use. Your homework this week is to use the | ||
272 | |271 |00:28:28 ~-~-> 00:28:32 |charts I'm laying down for you in your telegram channel. You can find that | ||
273 | |272 |00:28:32 ~-~-> 00:28:40 |television channel description and right underneath, I'm mistaken, I apologize, | ||
274 | |273 |00:28:40 ~-~-> 00:28:45 |but it should be right below or above the link that takes you to my ex | ||
275 | |274 |00:28:45 ~-~-> 00:28:52 |account, aka Twitter, that way you know you're using the proper telegram. You're | ||
276 | |275 |00:28:52 ~-~-> 00:29:02 |watching something. They're offering your deficits. That's not me | ||
277 | |276 |00:29:03 ~-~-> 00:29:14 |partnership. I'm not asking you 71 Katie, right? So if anybody does that | ||
278 | |277 |00:29:14 ~-~-> 00:29:19 |and it has my name attached to my image, it's a fraud. It's a scam. Don't believe | ||
279 | |278 |00:29:19 ~-~-> 00:29:26 |it. But the charts I post, I want you to do what I'm going to tell you now and | ||
280 | |279 |00:29:26 ~-~-> 00:29:36 |then. I want you to do this every day as a trader, because this is what I do. You | ||
281 | |280 |00:29:36 ~-~-> 00:29:39 |want to know how I see Christ. You want to get good at like I am. You're going | ||
282 | |281 |00:29:39 ~-~-> 00:29:47 |to do this. The session closed at 11 o'clock, Eastern Time. I don't care if | ||
283 | |282 |00:29:47 ~-~-> 00:29:51 |it continues going higher. I don't care if that we're talking about, but you | ||
284 | |283 |00:29:51 ~-~-> 00:29:55 |have to encapsulate that jigsaw puzzle. You gotta get the border pieces first, | ||
285 | |284 |00:29:56 ~-~-> 00:30:01 |ninth or 11 o'clock. You can make all the money. That you would ever dream of | ||
286 | |285 |00:30:01 ~-~-> 00:30:10 |in that 90 minute period of time. I promise you, you don't think so. You | ||
287 | |286 |00:30:11 ~-~-> 00:30:12 |think you gotta | ||
288 | |287 |00:30:12 ~-~-> 00:30:17 |swing trade. See these guys, nobody can trade intraday. Scouts. You know how | ||
289 | |288 |00:30:17 ~-~-> 00:30:18 |nobody scouts | ||
290 | |289 |00:30:18 ~-~-> 00:30:25 |and makes money grow. Why are they ignoring all my students? Why are they | ||
291 | |290 |00:30:25 ~-~-> 00:30:30 |all ignoring your prophets? The truth with Sean, why are they ignoring that? | ||
292 | |291 |00:30:31 ~-~-> 00:30:37 |Isn't it odd? It's odd that everybody else outside of our group turns their | ||
293 | |292 |00:30:37 ~-~-> 00:30:41 |cheek like, oh, it applies everybody else. So let's not talk about them, | ||
294 | |293 |00:30:41 ~-~-> 00:30:48 |because they their cases are called and we are we are we do things different, | ||
295 | |294 |00:30:50 ~-~-> 00:30:58 |and by taking that period of time from 930 to 11, | ||
296 | |295 |00:31:05 ~-~-> 00:31:10 |when you're foolish, while you were foolish. Now, to be a you're only going | ||
297 | |296 |00:31:10 ~-~-> 00:31:13 |to have the bias that I share, and there's nothing wrong with that. That's | ||
298 | |297 |00:31:13 ~-~-> 00:31:18 |what I'm doing. I'm lending my experience. That's why I do it, because | ||
299 | |298 |00:31:18 ~-~-> 00:31:21 |you don't know what you're doing, and you're gonna have a whole lot of time | ||
300 | |299 |00:31:21 ~-~-> 00:31:25 |worrying and obsessively conversing yourself internally with a dialog that | ||
301 | |300 |00:31:25 ~-~-> 00:31:29 |is self defeating. Gonna worry about things that don't have any bearing on | ||
302 | |301 |00:31:29 ~-~-> 00:31:32 |what price is going to do, and you're going to be worried about the thoughts | ||
303 | |302 |00:31:32 ~-~-> 00:31:35 |versus watching price action and gaining the experience of saying, Okay, I'm | ||
304 | |303 |00:31:35 ~-~-> 00:31:36 |neutral. I want | ||
305 | |304 |00:31:36 ~-~-> 00:31:43 |to watch to see what it does. That's the that's the missing piece that every | ||
306 | |305 |00:31:43 ~-~-> 00:31:53 |failed ICT student, every trader, ignores. You have to discern how you | ||
307 | |306 |00:31:53 ~-~-> 00:31:58 |internalize what's going on. As soon as it runs 10 handles, you're thinking it's | ||
308 | |307 |00:31:58 ~-~-> 00:32:04 |going 100 I'm missing out FOMO fear of missing out on the moon because you saw | ||
309 | |308 |00:32:04 ~-~-> 00:32:11 |something spur at this. I don't feel that. I'm not looking at price and | ||
310 | |309 |00:32:11 ~-~-> 00:32:22 |saying, Wow, where did that come from? Oh, my goodness. I'm not thinking like | ||
311 | |310 |00:32:22 ~-~-> 00:32:23 |that. How | ||
312 | |311 |00:32:29 ~-~-> 00:32:36 |did you know that? How did you know that lectures like this, where I talk a lot | ||
313 | |312 |00:32:38 ~-~-> 00:32:43 |because I'm filling in the space that you're going to free up when you take | ||
314 | |313 |00:32:43 ~-~-> 00:32:47 |rid of all of that toxicity that you're thinking that, what if, thinking that | ||
315 | |314 |00:32:47 ~-~-> 00:32:49 |scary stuff that you're thinking about because you don't know what you're | ||
316 | |315 |00:32:49 ~-~-> 00:32:52 |doing. And I'm not trying to be condescending and talk down to you. It's | ||
317 | |316 |00:32:52 ~-~-> 00:32:56 |normal for you to not understand what you're doing. It's normal for you to | ||
318 | |317 |00:32:56 ~-~-> 00:32:59 |worry about, what's the bias, what's the what's what's it going to do? What's it | ||
319 | |318 |00:32:59 ~-~-> 00:33:03 |going to do? I just want to get in. I want to make money. | ||
320 | |319 |00:33:03 ~-~-> 00:33:07 |Because if I can't make money, the people that I told foolishly before I | ||
321 | |320 |00:33:07 ~-~-> 00:33:09 |learned how to do this, they're going to be | ||
322 | |321 |00:33:09 ~-~-> 00:33:13 |asking me, how you doing what I'm going to tell them. You tell them nothing. You | ||
323 | |322 |00:33:13 ~-~-> 00:33:18 |tell them. I'm still working towards a goal. That's it. They completely diffuse | ||
324 | |323 |00:33:18 ~-~-> 00:33:21 |the whole conversation, and it takes you right back to anything outside of that, | ||
325 | |324 |00:33:22 ~-~-> 00:33:29 |but that 90 minute period of time that's your border of that jigsaw puzzle. And | ||
326 | |325 |00:33:29 ~-~-> 00:33:34 |every day you want to go back through that on a sub one minute chart, and | ||
327 | |326 |00:33:34 ~-~-> 00:33:43 |you're going to start seeing details that literally eluded you see when I'm | ||
328 | |327 |00:33:43 ~-~-> 00:33:49 |showing through my recordings of me doing execution, my trades, cleaning out | ||
329 | |328 |00:33:49 ~-~-> 00:33:49 |here, | ||
330 | |329 |00:33:55 ~-~-> 00:34:01 |I said this before. I'm not hiding it, but if I'm watching 12 monitors, how | ||
331 | |330 |00:34:01 ~-~-> 00:34:06 |could I possibly have all 12 monitors and the perspective that I'm gleaning | ||
332 | |331 |00:34:06 ~-~-> 00:34:11 |from all of them collectively in a cohesive manner to say, Okay, this is | ||
333 | |332 |00:34:11 ~-~-> 00:34:16 |how my brain internalizes what I'm explaining to you today. Settle down. | ||
334 | |333 |00:34:16 ~-~-> 00:34:19 |Some of you're like, you get to the point. Get to the point. I am getting to | ||
335 | |334 |00:34:19 ~-~-> 00:34:23 |the point, but I have to smooth the playing field for everybody that are | ||
336 | |335 |00:34:23 ~-~-> 00:34:27 |constantly looking for things as an abstraction, or talk themselves out of | ||
337 | |336 |00:34:27 ~-~-> 00:34:32 |it entirely not realize they're doing because you want to learn it right away, | ||
338 | |337 |00:34:32 ~-~-> 00:34:36 |real fast, maybe that real fast version of it can't find that fast version. | ||
339 | |338 |00:34:38 ~-~-> 00:34:44 |That's why, that's why I do these discussions with you. I don't monetize | ||
340 | |339 |00:34:44 ~-~-> 00:34:50 |them, because it kills the whole thing of your just drip, drip, drip. Instead | ||
341 | |340 |00:34:50 ~-~-> 00:34:54 |the same in five minutes being done with it, you can't catch like 33 years of | ||
342 | |341 |00:34:54 ~-~-> 00:35:00 |experience inside of an hour long, even a four hours a ring. Can't you? Do that. | ||
343 | |342 |00:35:00 ~-~-> 00:35:05 |Ask any professional that's highly upper tier in their profession, whatever | ||
344 | |343 |00:35:05 ~-~-> 00:35:09 |they're doing, they're recognized for it. They can't come to you and say, Hey, | ||
345 | |344 |00:35:10 ~-~-> 00:35:14 |this is what you do. This is what you don't do, and do it in an hour, and you | ||
346 | |345 |00:35:14 ~-~-> 00:35:19 |walk away and you never need to tap into them again. If you can't get that, it | ||
347 | |346 |00:35:19 ~-~-> 00:35:29 |just sounds like that in the menu today is everybody has a market, and they tap | ||
348 | |347 |00:35:29 ~-~-> 00:35:34 |into me because they know I can talk for a long, long time. And for people that | ||
349 | |348 |00:35:34 ~-~-> 00:35:40 |aren't trying to learn, they don't appreciate that level depth, because | ||
350 | |349 |00:35:40 ~-~-> 00:35:44 |that depth is what you're lacking. That's what's missing from every book | ||
351 | |350 |00:35:44 ~-~-> 00:35:48 |out there. That's what's missing from every other mentor that's teaching | ||
352 | |351 |00:35:48 ~-~-> 00:35:53 |trading or reading price action, because they don't have the experience doing | ||
353 | |352 |00:35:53 ~-~-> 00:35:59 |what I've done, come forward and do it if they could. They don't. They're in | ||
354 | |353 |00:35:59 ~-~-> 00:35:59 |here listening to me. | ||
355 | |354 |00:36:04 ~-~-> 00:36:11 |You take that sublimination, and you go through it when you're foolish of bias. | ||
356 | |355 |00:36:12 ~-~-> 00:36:21 |You look for a time that it meets relatives, and you record that. Then you | ||
357 | |356 |00:36:21 ~-~-> 00:36:28 |record how far higher it loses before coming back down to get them again. | ||
358 | |357 |00:36:29 ~-~-> 00:36:37 |Running for love. And you want to mark the time. And you start doing this every | ||
359 | |358 |00:36:37 ~-~-> 00:36:46 |day. Every day you're going to see things that you never saw before. Your | ||
360 | |359 |00:36:46 ~-~-> 00:36:51 |subconscious is going to see so many opportunities every single day for weeks | ||
361 | |360 |00:36:51 ~-~-> 00:36:56 |and months and forever. As long as you're a trainer, that perspective is | ||
362 | |361 |00:36:56 ~-~-> 00:37:03 |going to unlock. Why I'm picking that specific one minute hand, it's going to | ||
363 | |362 |00:37:03 ~-~-> 00:37:09 |unlock why I'm waiting, but I'm not yet. I'm interested yet. And you're also | ||
364 | |363 |00:37:09 ~-~-> 00:37:16 |going to see time based price runs that they cannot fucking hide from you. They | ||
365 | |364 |00:37:16 ~-~-> 00:37:20 |can't hide it from you. If you're looking for it. How they going to hide | ||
366 | |365 |00:37:20 ~-~-> 00:37:27 |it? The price is going to move period. They're not going to be switching prices | ||
367 | |366 |00:37:27 ~-~-> 00:37:30 |and time deliveries all the time. They can't. They can do it for a short period | ||
368 | |367 |00:37:30 ~-~-> 00:37:33 |of time. They can do it for a short period of time. | ||
369 | |368 |00:37:33 ~-~-> 00:37:37 |But don't lose your mind and think, oh no, they changed everything. They | ||
370 | |369 |00:37:37 ~-~-> 00:37:39 |finally caught on the IC team. They're changing | ||
371 | |370 |00:37:39 ~-~-> 00:37:49 |everything. If you have 20 plus years of me having a face in this industry where | ||
372 | |371 |00:37:49 ~-~-> 00:37:54 |people could say, This guy says this. This guy says that, if everybody starts | ||
373 | |372 |00:37:54 ~-~-> 00:38:04 |doing it, ICT methods is going to be the new retail it's nothing, because what | ||
374 | |373 |00:38:04 ~-~-> 00:38:08 |I'm teaching you is the heart of what makes these markets up and down. | ||
375 | |374 |00:38:13 ~-~-> 00:38:19 |What time is the market winning bell for electronic trading hours, I'm sorry for | ||
376 | |375 |00:38:19 ~-~-> 00:38:26 |regular trading hours, 930 Eastern time. Can they hide that from you? Yeah, how | ||
377 | |376 |00:38:26 ~-~-> 00:38:31 |about 11 o'clock on the dot, not one day before, not one day after. Can they hide | ||
378 | |377 |00:38:32 ~-~-> 00:38:36 |the time of 11 o'clock, Eastern Time from you? It doesn't matter if you're in | ||
379 | |378 |00:38:36 ~-~-> 00:38:42 |another time zone or not, that time is a static. They can't change, not going to | ||
380 | |379 |00:38:42 ~-~-> 00:38:48 |reinvent. Think about it. You're worried about things that are completely outside | ||
381 | |380 |00:38:48 ~-~-> 00:38:53 |the scope of reasonable. So if you're bullish and you think that the market's | ||
382 | |381 |00:38:53 ~-~-> 00:38:57 |going to go several 100 handles, because the weekly chart implies that, well, | ||
383 | |382 |00:38:57 ~-~-> 00:39:02 |everything keeps going up and every down. Closed candle supports price. So | ||
384 | |383 |00:39:02 ~-~-> 00:39:07 |order flow is bullish. See how these seven is I don't need an overflow on | ||
385 | |384 |00:39:07 ~-~-> 00:39:11 |level two, I've already made a mockery of it several times, even in his | ||
386 | |385 |00:39:11 ~-~-> 00:39:16 |presentation, because there's many orders above and below the daily rains | ||
387 | |386 |00:39:16 ~-~-> 00:39:20 |that never get tagged in. But there's certainly hundreds of them sitting | ||
388 | |387 |00:39:20 ~-~-> 00:39:24 |there, and they never grab them. They Never yank them in by their lapels or by | ||
389 | |388 |00:39:24 ~-~-> 00:39:33 |their hair and drag them into the party they're leaving them, because that | ||
390 | |389 |00:39:33 ~-~-> 00:39:39 |psychological impact I want to get my target and then you pull it back against | ||
391 | |390 |00:39:39 ~-~-> 00:39:45 |them. What are they going to do then start lowering their willingness to get | ||
392 | |391 |00:39:45 ~-~-> 00:39:52 |out at a lower price, and that's where your bare spirit gaps coming. See that | ||
393 | |392 |00:39:52 ~-~-> 00:39:57 |that's the reality of what's going on. But narrative is, how will that daily | ||
394 | |393 |00:39:57 ~-~-> 00:40:06 |range develop? Do? At what time will the daily range create the low? At what time | ||
395 | |394 |00:40:06 ~-~-> 00:40:13 |will it create the lunch high? And how will that high or low during the lunch | ||
396 | |395 |00:40:13 ~-~-> 00:40:20 |hour be utilized starting at 130 Eastern time, because that closes that once | ||
397 | |396 |00:40:20 ~-~-> 00:40:28 |period, to two hour window from 1130 to 130 inside there's two hours. The only | ||
398 | |397 |00:40:28 ~-~-> 00:40:41 |thing you're looking for itself, interested in what has happened in what | ||
399 | |398 |00:40:41 ~-~-> 00:40:50 |has happened? What has happened in the morning? Have we gone up? Okay, here is | ||
400 | |399 |00:40:50 ~-~-> 00:40:58 |a perfect, perfect, intra day bias, I said perfectly by saying it's perfect, | ||
401 | |400 |00:41:00 ~-~-> 00:41:05 |even if the market is going to reverse on you and you're trading inside of a | ||
402 | |401 |00:41:05 ~-~-> 00:41:12 |market that's primarily bullish, this will work for you. If the market's | ||
403 | |402 |00:41:12 ~-~-> 00:41:16 |foolish and it's going to continue in the afternoon, it's still going to work | ||
404 | |403 |00:41:16 ~-~-> 00:41:19 |for you. The only | ||
405 | |404 |00:41:19 ~-~-> 00:41:23 |time it will not give it to you in terms of an opportunity. It's when you have | ||
406 | |405 |00:41:23 ~-~-> 00:41:27 |this one shot that out of hell, it never turns around and just keeps going up | ||
407 | |406 |00:41:27 ~-~-> 00:41:34 |and up and up and up or down. How many times you see them in a month? Some of | ||
408 | |407 |00:41:34 ~-~-> 00:41:39 |you don't even know. Some of you don't even know how long it takes before one | ||
409 | |408 |00:41:39 ~-~-> 00:41:47 |of those days form, and how frequent but in their farming time, to get into a | ||
410 | |409 |00:41:47 ~-~-> 00:41:50 |tree, and you think that that's exactly what's going to happen that | ||
411 | |410 |00:41:55 ~-~-> 00:42:01 |day, or you think it's going to fit on your finger, like that's interesting. | ||
412 | |411 |00:42:01 ~-~-> 00:42:09 |That scares you for the first one, is enticing you with greed. So you think | ||
413 | |412 |00:42:09 ~-~-> 00:42:12 |every day is going to be like a bat out of hell. It's going to go straight, | ||
414 | |413 |00:42:12 ~-~-> 00:42:18 |straight up, straight down, parabolic. Even knowing that that's a fear for you, | ||
415 | |414 |00:42:18 ~-~-> 00:42:25 |you still lose times. Does that make any sense? I'm afraid that the market's | ||
416 | |415 |00:42:25 ~-~-> 00:42:32 |going to tear my head off and use it as a soccer ball. But I'm afraid to put | ||
417 | |416 |00:42:32 ~-~-> 00:42:37 |stock also and protect my you're not a trader. You think like that. You do | ||
418 | |417 |00:42:37 ~-~-> 00:42:40 |that. You're not a trader. Don't call yourself a trader. Don't even post your | ||
419 | |418 |00:42:40 ~-~-> 00:42:45 |payoffs because you're not trading your gambling and gamers. You can do that for | ||
420 | |419 |00:42:45 ~-~-> 00:42:58 |a period of time until we are not allowed. There is a business agent | ||
421 | |420 |00:42:58 ~-~-> 00:43:09 |session free market. Now I walk you through that this I gave you an example | ||
422 | |421 |00:43:09 ~-~-> 00:43:13 |of going through, look for this liquidity, look for that liquidity. Put | ||
423 | |422 |00:43:13 ~-~-> 00:43:17 |up your chart, and then I gave you a key a chart that shows those very levels | ||
424 | |423 |00:43:17 ~-~-> 00:43:26 |this week for my reviews, is that complicated? Is it complex? Am I hiding | ||
425 | |424 |00:43:26 ~-~-> 00:43:33 |something? Am I contorting the logic to make it so it's never achievable in your | ||
426 | |425 |00:43:33 ~-~-> 00:43:40 |own hands? No, of course, not. Of course not. At six o'clock Eastern time, let me | ||
427 | |426 |00:43:40 ~-~-> 00:43:47 |start things up. And let me put this to that real quick. I taught you several | ||
428 | |427 |00:43:49 ~-~-> 00:43:55 |forms of gaps that are not standard theory in in learning, in the industry, | ||
429 | |428 |00:43:57 ~-~-> 00:44:11 |if you recall how we have a close at 414 for all you folks, for all your mentor | ||
430 | |429 |00:44:12 ~-~-> 00:44:20 |send me emails and I'm not reading your title or leaving comments. What are we | ||
431 | |430 |00:44:20 ~-~-> 00:44:32 |going to do when it keeps trading 24 hours? Oh, I'm going to quit. I'm going | ||
432 | |431 |00:44:32 ~-~-> 00:44:38 |to quit, and I'm probably going to start selling these cars and starting to own | ||
433 | |432 |00:44:38 ~-~-> 00:44:44 |things. That's what my left, nothing after that, right? Me, all of my trading | ||
434 | |433 |00:44:44 ~-~-> 00:44:50 |hinges on separation from five o'clock at six o'clock. I mean, what is ICP | ||
435 | |434 |00:44:50 ~-~-> 00:44:59 |without that? Right? Folks, relax, if you take the closing price when price. | ||
436 | |435 |00:45:00 ~-~-> 00:45:08 |No longer delivers, quote, unquote, to the pits when they were active the final | ||
437 | |436 |00:45:08 ~-~-> 00:45:13 |settlement price. If you take that and you apply it to six o'clock first tick, | ||
438 | |437 |00:45:13 ~-~-> 00:45:23 |I don't give up some of your sleep. I don't care if they keep it going. I'm | ||
439 | |438 |00:45:23 ~-~-> 00:45:27 |going to still use the first tick opening price at six o'clock. All | ||
440 | |439 |00:45:27 ~-~-> 00:45:33 |they're going to do, folks is hide it that way. That's all. This is okay. It's | ||
441 | |440 |00:45:33 ~-~-> 00:45:43 |smoke and mirrors, baby. I got no idea what. I got no idea those separations | ||
442 | |441 |00:45:43 ~-~-> 00:45:49 |between that price at 414, and six o'clock first tick that is still going | ||
443 | |442 |00:45:49 ~-~-> 00:45:53 |to be whether there's a separation of trading or not. It's still going to be | ||
444 | |443 |00:45:53 ~-~-> 00:45:59 |intuitional price. You watch, you watch and see that it isn't still there. | ||
445 | |444 |00:45:59 ~-~-> 00:46:02 |Everybody else, and so they better be safe here. They're thinking, Oh, it's | ||
446 | |445 |00:46:02 ~-~-> 00:46:06 |going to go away because you're changing everything. They ain't changing shit. | ||
447 | |446 |00:46:07 ~-~-> 00:46:11 |They can't change it. The market's going to go up and down. There's going to be | ||
448 | |447 |00:46:11 ~-~-> 00:46:17 |inefficiencies. There's always going to be there. See, I'm making billionaires | ||
449 | |448 |00:46:17 ~-~-> 00:46:22 |with these simple little chips. I'm dropping here. Watch right here. Screw | ||
450 | |449 |00:46:23 ~-~-> 00:46:31 |everything else. Focus here, because it's going to draw price in this. Let | ||
451 | |450 |00:46:31 ~-~-> 00:46:34 |Christ get along. Keep going. Don't close it five o'clock. Keep it going. | ||
452 | |451 |00:46:34 ~-~-> 00:46:39 |We're going to screw all. You're going to screw people that don't listen to me, | ||
453 | |452 |00:46:41 ~-~-> 00:46:45 |cuz they won't see it, but it's still gonna be there. Don't believe me. Don't | ||
454 | |453 |00:46:45 ~-~-> 00:46:49 |believe me. I want you to hold that down, because when the ship still starts | ||
455 | |454 |00:46:49 ~-~-> 00:46:53 |working, and I'm pulling out your face on it, and it's gonna be it's precisely | ||
456 | |455 |00:46:53 ~-~-> 00:47:01 |everything else I'm doing, you're gonna help, right? Because it's the bad shit | ||
457 | |456 |00:47:01 ~-~-> 00:47:02 |you | ||
458 | |457 |00:47:08 ~-~-> 00:47:16 |regardless, and they cannot stop you. They cannot stop you. They can't prevent | ||
459 | |458 |00:47:16 ~-~-> 00:47:22 |you from seeing this. They cannot hide. Sure, sure they can go in there and call | ||
460 | |459 |00:47:22 ~-~-> 00:47:30 |the market 8120, handles just like that. Sure that can happen, but they're not | ||
461 | |460 |00:47:30 ~-~-> 00:47:34 |going to do that every 15 minutes. They're not going to do that every hour, | ||
462 | |461 |00:47:36 ~-~-> 00:47:43 |because that volatility is going to cause. Oh, step that thing, just settle | ||
463 | |462 |00:47:43 ~-~-> 00:47:51 |in. See high volatility can only exist for a short period of time, and it's | ||
464 | |463 |00:47:51 ~-~-> 00:47:55 |part of a narrative understanding you have to have that in your understanding. | ||
465 | |464 |00:47:55 ~-~-> 00:48:01 |You cannot let that freak you out. You cannot let some kind of a surprise price | ||
466 | |465 |00:48:01 ~-~-> 00:48:07 |rate that comes back for liquidity, rips their head off and then starts going | ||
467 | |466 |00:48:07 ~-~-> 00:48:12 |back in the same direction it's going. See, you're afraid I'll get stopping | ||
468 | |467 |00:48:14 ~-~-> 00:48:18 |because I can identify what that was. Oh, yeah. Okay. No problem. No problem. | ||
469 | |468 |00:48:18 ~-~-> 00:48:26 |Phil. Phil's behind the screen that's pulling the strings, watching ICT on x | ||
470 | |469 |00:48:26 ~-~-> 00:48:30 |and listening to him on this live. It's live presence right now, taking notes. | ||
471 | |470 |00:48:30 ~-~-> 00:48:33 |Well, I'm going to screw up here. I'm going to change this. Still, can't do | ||
472 | |471 |00:48:33 ~-~-> 00:48:41 |shit. Can't do shit. You can't do anything except for widen the risk | ||
473 | |472 |00:48:41 ~-~-> 00:48:47 |momentary, that's it, and that can't happen every day. So that means, guess | ||
474 | |473 |00:48:47 ~-~-> 00:48:52 |what? You might get stopped out. You may incur a loss. But for me, I'm going to | ||
475 | |474 |00:48:52 ~-~-> 00:48:57 |make that thing here, take the next TV right, and not back in again. I'm going | ||
476 | |475 |00:48:57 ~-~-> 00:49:07 |to wait. What am I going to wait for? Inadvertent therapy? I'm the weather's | ||
477 | |476 |00:49:10 ~-~-> 00:49:17 |going to be the Thursday, the third Thursday of June. I know the weather's | ||
478 | |477 |00:49:17 ~-~-> 00:49:21 |going to be in the marketplace that day. I know the weather's going to be in the | ||
479 | |478 |00:49:21 ~-~-> 00:49:26 |marketplace for NASDAQ on any trading day. There is what are they going to | ||
480 | |479 |00:49:26 ~-~-> 00:49:30 |hide from me? Nothing. They can't hide anything | ||
481 | |480 |00:49:37 ~-~-> 00:49:42 |from you. Be not worried. I told you in the beginning, you're in penance. I'm | ||
482 | |481 |00:49:42 ~-~-> 00:49:50 |not charging you anything to give you this information, doubters come because | ||
483 | |482 |00:49:50 ~-~-> 00:49:56 |you see it, just like I watch them and their opinion you. | ||
484 | |483 |00:50:04 ~-~-> 00:50:07 |You should be encouraged. You should be encouraged by the doubters that come | ||
485 | |484 |00:50:07 ~-~-> 00:50:11 |here and stay in my comment section and say, Oh, this stuff doesn't work. | ||
486 | |485 |00:50:16 ~-~-> 00:50:24 |Every day, taking that 90 minute window, 930 to 11 o'clock, see, I | ||
487 | |486 |00:50:24 ~-~-> 00:50:30 |testifications. Just say what you gotta say. I am I'm saying exactly how I want | ||
488 | |487 |00:50:30 ~-~-> 00:50:36 |to say sub one minute 15 second chart. You can do it with 32nd chart too. But I | ||
489 | |488 |00:50:37 ~-~-> 00:50:43 |like 15 seconds because I'm teaching you this is how I do so you want me to tell | ||
490 | |489 |00:50:43 ~-~-> 00:50:52 |you how I'm doing. I look at relative sharp. And I want to see what time you | ||
491 | |490 |00:50:52 ~-~-> 00:50:58 |go down below that now, then I want to see also how frequently it does it | ||
492 | |491 |00:51:00 ~-~-> 00:51:06 |you're going to find that within every hour, there's a range that you do the | ||
493 | |492 |00:51:06 ~-~-> 00:51:11 |same thing, beyond non gradient, below the cloud. And that's why I told you, I | ||
494 | |493 |00:51:11 ~-~-> 00:51:16 |don't need a daily chart. I don't need the trade with a 15 minute time frame | ||
495 | |494 |00:51:16 ~-~-> 00:51:20 |and wait for sets the form there. I don't need you just a one minute fair | ||
496 | |495 |00:51:20 ~-~-> 00:51:27 |value gap. I can use a 60 minute candlestick, any of them during active | ||
497 | |496 |00:51:27 ~-~-> 00:51:32 |trading, even during Asia. I can trade inside that 60 minute window of time and | ||
498 | |497 |00:51:32 ~-~-> 00:51:37 |treat it just like a daily chart. Now, sure, I'm not going to get 150 handles, | ||
499 | |498 |00:51:37 ~-~-> 00:51:43 |but I'm going to get the lines portion of that hour and range. Usually, when | ||
500 | |499 |00:51:43 ~-~-> 00:51:50 |I'm teaching here, for the good people you don't get you have no idea, bookmark | ||
501 | |500 |00:51:50 ~-~-> 00:51:57 |this lesson, because the things I'm talking about, you're going to know more | ||
502 | |501 |00:51:57 ~-~-> 00:52:03 |about studying what I call then you go back in, you start looking like hell, | ||
503 | |502 |00:52:03 ~-~-> 00:52:07 |what's going on here? Like this is obvious. This is so obvious you're going | ||
504 | |503 |00:52:07 ~-~-> 00:52:12 |to want to run to a brick wall because it's going to go back recover. I am not | ||
505 | |504 |00:52:12 ~-~-> 00:52:18 |afraid of missing anything. I am not afraid of missing shit. They can't hide | ||
506 | |505 |00:52:18 ~-~-> 00:52:24 |this exactly. That's where my confidence comes from. See people that are weak | ||
507 | |506 |00:52:24 ~-~-> 00:52:29 |minded little dip energy, they come here and they literally can't stand it, | ||
508 | |507 |00:52:29 ~-~-> 00:52:32 |because they're shitting themselves every single day when these price | ||
509 | |508 |00:52:32 ~-~-> 00:52:35 |targets are going up in there, they have no idea what they're doing. But you do? | ||
510 | |509 |00:52:35 ~-~-> 00:52:39 |You? Do you know what you're looking for, and you're learning more now? | ||
511 | |510 |00:52:42 ~-~-> 00:52:49 |Narrative, is this, when your bias is bullish, you're expecting the daily | ||
512 | |511 |00:52:49 ~-~-> 00:52:59 |close to start working towards higher levels. Emphasis placed on moving | ||
513 | |512 |00:52:59 ~-~-> 00:53:10 |towards it need not close on the it need not close above the opening. How many | ||
514 | |513 |00:53:10 ~-~-> 00:53:15 |times we've seen in previous mark where the market is bullish and you see an | ||
515 | |514 |00:53:15 ~-~-> 00:53:26 |opening small, little shadow of tail, right? It wraps up slightly below that | ||
516 | |515 |00:53:28 ~-~-> 00:53:35 |thing that's fake. They know there's a lot of Steve Neilson pronates out there | ||
517 | |516 |00:53:35 ~-~-> 00:53:48 |that say Dragon, whatever you want to call it. It's topped. It looks toppy | ||
518 | |517 |00:53:48 ~-~-> 00:53:52 |here. Look what it did. It's rejection. And they're gonna look at their | ||
519 | |518 |00:53:53 ~-~-> 00:53:58 |indicators. I keep twisting the data and beating up and keep putting different | ||
520 | |519 |00:53:59 ~-~-> 00:54:10 |settings on it. I'm gonna eventually see a bearish eye version. Making fun of you | ||
521 | |520 |00:54:10 ~-~-> 00:54:13 |because I'm being me. I'm remembering what the dumb should I do? | ||
522 | |521 |00:54:22 ~-~-> 00:54:29 |Wish our targets over time. Narrative is, how are we going to make that big | ||
523 | |522 |00:54:29 ~-~-> 00:54:35 |range? I told you, Asian session. | ||
524 | |523 |00:54:46 ~-~-> 00:54:51 |That's always a candidate for them to take down the market below that before | ||
525 | |524 |00:54:51 ~-~-> 00:54:56 |it was not a lot of times see that. But before I put this session, I will tell | ||
526 | |525 |00:54:56 ~-~-> 00:54:57 |you when they do. | ||
527 | |526 |00:55:07 ~-~-> 00:55:15 |Where is the single low or ideally relative equal loads inside that window | ||
528 | |527 |00:55:15 ~-~-> 00:55:20 |of time? Many times you're going to see it go for that, more times than anything | ||
529 | |528 |00:55:20 ~-~-> 00:55:27 |else that's going to go for that, being able to look at the seven o'clock in the | ||
530 | |529 |00:55:27 ~-~-> 00:55:33 |morning, to wait before the opening about 930 and find the relative equal | ||
531 | |530 |00:55:33 ~-~-> 00:55:39 |lows in that period when you're bullish. Now everything I just said, reverse it | ||
532 | |531 |00:55:39 ~-~-> 00:55:43 |when you're bearish, when you're buying since Paris, you're expecting price to | ||
533 | |532 |00:55:43 ~-~-> 00:55:49 |go lower. What fools and liquidation? Focus on Asian range session, roads with | ||
534 | |533 |00:55:49 ~-~-> 00:55:55 |people, odds. And that means basically start at six o'clock. I'm giving you six | ||
535 | |534 |00:55:56 ~-~-> 00:56:03 |times, but I wish that that's the stupidest thing. Sometimes you don't | ||
536 | |535 |00:56:03 ~-~-> 00:56:08 |even observe it, and that's what caused us these little blurry areas of price | ||
537 | |536 |00:56:08 ~-~-> 00:56:14 |action, because there's people trading big signs, and they're going to be | ||
538 | |537 |00:56:14 ~-~-> 00:56:20 |placed in stops above or below these periods of time relative to and that's | ||
539 | |538 |00:56:21 ~-~-> 00:56:25 |why there's this period of time of about a week, maybe a week and a half, when we | ||
540 | |539 |00:56:25 ~-~-> 00:56:29 |transition from Daylight Savings Time to moving back to non daylight savings | ||
541 | |540 |00:56:29 ~-~-> 00:56:35 |time. So with my kill zone, that means the windows are time I'm operating in. I | ||
542 | |541 |00:56:35 ~-~-> 00:56:40 |expand it one hour, and I just always work with that. That's why you're always | ||
543 | |542 |00:56:40 ~-~-> 00:56:43 |seen this one lesson, you'll hear me talk about | ||
544 | |543 |00:56:44 ~-~-> 00:56:47 |the Asian session, or the Asian range being at this time and that time. | ||
545 | |544 |00:56:47 ~-~-> 00:56:49 |Initially I started, I | ||
546 | |545 |00:56:49 ~-~-> 00:56:54 |told it as a static time, but over time, I got more comfortable revealing more | ||
547 | |546 |00:56:54 ~-~-> 00:56:57 |stuff that I again, I didn't want to teach you everything, and I still | ||
548 | |547 |00:56:57 ~-~-> 00:57:01 |haven't taught you, and I never will, really. You know, it's gonna piss you | ||
549 | |548 |00:57:01 ~-~-> 00:57:05 |off. I don't care. I could stop. I could have stopped 10 years ago and you had | ||
550 | |549 |00:57:07 ~-~-> 00:57:14 |but, I mean, some of you guys are just maniacs, but at six o'clock to nine | ||
551 | |550 |00:57:14 ~-~-> 00:57:19 |o'clock, there's three hours there, if you want to be a purist, seven o'clock | ||
552 | |551 |00:57:19 ~-~-> 00:57:25 |to 9pm Eastern Time, there's your Asian session, okay, inside that period of | ||
553 | |552 |00:57:25 ~-~-> 00:57:31 |time, same thing. | ||
554 | |553 |00:57:38 ~-~-> 00:57:46 |Everything is always, never. Time is in New York. That's the average. It might | ||
555 | |554 |00:57:46 ~-~-> 00:57:58 |say it's got Wellington. The moment is a central hub notebook, Midnight opening | ||
556 | |555 |00:57:58 ~-~-> 00:58:05 |price. There's your beginning of the financial day. Everything is relative to | ||
557 | |556 |00:58:05 ~-~-> 00:58:12 |where that thing opened up there and where it moves highest and lowest for 30 | ||
558 | |557 |00:58:12 ~-~-> 00:58:20 |minutes until 1230 that's an opening range that sets up moves for London. | ||
559 | |558 |00:58:21 ~-~-> 00:58:25 |Okay? It really | ||
560 | |559 |00:58:33 ~-~-> 00:58:39 |that will help you. | ||
561 | |560 |00:58:52 ~-~-> 00:58:59 |Then at seven o'clock in the morning to 930 in the morning, that's pre market | ||
562 | |561 |00:58:59 ~-~-> 00:59:04 |session trading. That's it for the opening bell. It's after London session | ||
563 | |562 |00:59:05 ~-~-> 00:59:12 |opening post Asia's lunch. I'm sorry. Asia's closed. And then what do you have | ||
564 | |563 |00:59:16 ~-~-> 00:59:22 |a small little window of two and a half hours and you're gonna do the same | ||
565 | |564 |00:59:22 ~-~-> 00:59:27 |thing, one minute chart, sub one minute 15 seconds. You're gonna look, when | ||
566 | |565 |00:59:27 ~-~-> 00:59:36 |you're bullish, look for wealthy people, what kind of a form and how long it | ||
567 | |566 |00:59:36 ~-~-> 00:59:36 |takes | ||
568 | |567 |00:59:42 ~-~-> 00:59:53 |for the our time start seeing time based deliveries that are within a 15 minute | ||
569 | |568 |00:59:53 ~-~-> 01:00:03 |always repeat, and that just doesn't happen. I can't folks, nobody's thinking | ||
570 | |569 |01:00:03 ~-~-> 01:00:07 |about like that. Their circadian alarm clocks are not kicking in saying I | ||
571 | |570 |01:00:07 ~-~-> 01:00:18 |haven't done trading 15 minutes. They're evenly distributed all the prices to | ||
572 | |571 |01:00:18 ~-~-> 01:00:27 |afford the influx of trades that are coming in before that 930 so they can't | ||
573 | |572 |01:00:27 ~-~-> 01:00:33 |take every every possible buy order and sell order and funnel it in and just in | ||
574 | |573 |01:00:33 ~-~-> 01:00:37 |the first couple minutes, it's impossible, because the market's moving, | ||
575 | |574 |01:00:39 ~-~-> 01:00:43 |and there's limitations placed on these large conglomerates that push their | ||
576 | |575 |01:00:43 ~-~-> 01:00:47 |orders into the marketplace. They have to get their price, folks, they're not | ||
577 | |576 |01:00:47 ~-~-> 01:00:50 |like you saying, Well, shit we've done, | ||
578 | |577 |01:00:50 ~-~-> 01:00:53 |had an aversion fair value gap, and then an order block formed, and then there's | ||
579 | |578 |01:00:53 ~-~-> 01:00:56 |a propulsion block, and then there's a fair value gap, and that's formed in a | ||
580 | |579 |01:00:56 ~-~-> 01:00:58 |diversion fair value gap. This is probably going | ||
581 | |580 |01:00:58 ~-~-> 01:01:01 |to go up now, so let me get in there now and chase it. They're not. They're not. | ||
582 | |581 |01:01:01 ~-~-> 01:01:06 |They don't do that. They gotta. They have to get deep discount pricing, | ||
583 | |582 |01:01:08 ~-~-> 01:01:15 |because that discount pricing affords them to spread that purchase into those | ||
584 | |583 |01:01:15 ~-~-> 01:01:21 |areas I've just mentioned. They push, they push as much as they can on the run | ||
585 | |584 |01:01:21 ~-~-> 01:01:28 |below the drugs, and then they wait for these imbalances, and they push them. | ||
586 | |585 |01:01:30 ~-~-> 01:01:38 |When your trade works out, you just happen to be on their COVID. That's why | ||
587 | |586 |01:01:38 ~-~-> 01:01:43 |knowing what you're looking for is terror and what is not in the chart, but | ||
588 | |587 |01:01:43 ~-~-> 01:01:49 |you want to have happen, don't try to be ahead of the setup. I've blown so many | ||
589 | |588 |01:01:49 ~-~-> 01:01:55 |accounts. I lost fortunes doing that as a young man, getting this case of, I'm a | ||
590 | |589 |01:01:55 ~-~-> 01:02:00 |hot shot. I know everything. I know everything. I know it's going to go up, | ||
591 | |590 |01:02:00 ~-~-> 01:02:03 |and I knew it's probably going to get these little wiggle back. Wiggle angles | ||
592 | |591 |01:02:03 ~-~-> 01:02:08 |I can see. But guess what? I'm going to be before that even forms, because I | ||
593 | |592 |01:02:08 ~-~-> 01:02:20 |didn't and then I didn't have it wasn't pretty Spanish, chasing the idea that it | ||
594 | |593 |01:02:20 ~-~-> 01:02:24 |will form, but I'm going to be there for that's impatience. That's me loving | ||
595 | |594 |01:02:24 ~-~-> 01:02:31 |winning. That's me loving the profits. That's loving Doctor salary trades. I | ||
596 | |595 |01:02:31 ~-~-> 01:02:35 |want another one. Damn it. It's been 45 minutes since the last one. I'm going to | ||
597 | |596 |01:02:35 ~-~-> 01:02:45 |go in again. There's no reason else can get in. So, okay, I understand the | ||
598 | |597 |01:02:45 ~-~-> 01:02:49 |market's bullish. That's not narrative. Narrative is is, how are we going to | ||
599 | |598 |01:02:49 ~-~-> 01:02:57 |make this bullish candle today, and it need not close bullish? Remember, if you | ||
600 | |599 |01:02:57 ~-~-> 01:03:02 |see these candlesticks that open trade up when you're bullish, but they have a | ||
601 | |600 |01:03:02 ~-~-> 01:03:06 |lower close below the opening price bearish to retail traders, that looks | ||
602 | |601 |01:03:06 ~-~-> 01:03:16 |like buying pressure cycle, selling pressure increase. That's bullshit. All | ||
603 | |602 |01:03:16 ~-~-> 01:03:22 |that is if the market comes right back down to read the book and what many | ||
604 | |603 |01:03:22 ~-~-> 01:03:27 |times will happen is you'll see at the restart session, and then seven o'clock, | ||
605 | |604 |01:03:29 ~-~-> 01:03:29 |at | ||
606 | |605 |01:03:39 ~-~-> 01:03:44 |930 in the morning, Eastern Time. Eastern time, they'll come down, rip | ||
607 | |606 |01:03:44 ~-~-> 01:03:50 |through that and every trader in the world. So they comes, look out. They'll | ||
608 | |607 |01:03:50 ~-~-> 01:03:54 |start posting on Instagram. They'll start posting in the Facebook groups. | ||
609 | |608 |01:03:54 ~-~-> 01:03:59 |They'll go on X tell everybody, oh, you need to watch out. Here comes lower | ||
610 | |609 |01:03:59 ~-~-> 01:04:02 |prices, baby. We're gonna see who separates the men from the boys, because | ||
611 | |610 |01:04:02 ~-~-> 01:04:07 |all of the smart people are selling short, and I'm going nearby. | ||
612 | |611 |01:04:16 ~-~-> 01:04:23 |Suddenly in the afternoon, they're quiet, and I'm saying that was random. | ||
613 | |612 |01:04:27 ~-~-> 01:04:33 |You don't need to see anything. Just that boring. You want me to add all | ||
614 | |613 |01:04:34 ~-~-> 01:04:46 |kinds of stuff. Here's what I'm eating for breakfast. Here's the pair of hands | ||
615 | |614 |01:04:46 ~-~-> 01:04:55 |and shirt. Oh, fucking contrary. Don't you understand the trip sooner? Maybe | ||
616 | |615 |01:04:55 ~-~-> 01:05:05 |I'm not trying to fit in. I. Bullish, less likely Asian session low, less | ||
617 | |616 |01:05:05 ~-~-> 01:05:10 |likely to take them. When is it likely that it will do that? ICP can help you. | ||
618 | |617 |01:05:10 ~-~-> 01:05:14 |Help me there? Yeah, sure. No problem. When there's a 10 O'Clock News drive on | ||
619 | |618 |01:05:14 ~-~-> 01:05:22 |economic calendar, if you do not look at this primary one, | ||
620 | |619 |01:05:36 ~-~-> 01:05:40 |by having a 10 O'Clock News driver or 9:45am Eastern Time news driver, that | ||
621 | |620 |01:05:41 ~-~-> 01:05:52 |means a report that's red. You're likely to see Asia's lows be taken, especially | ||
622 | |621 |01:05:52 ~-~-> 01:05:59 |if there has been a modest increase, moving higher since you gotta look at | ||
623 | |622 |01:05:59 ~-~-> 01:06:06 |what has happened prior to 930 if it's a straight up run higher, it almost looks | ||
624 | |623 |01:06:06 ~-~-> 01:06:11 |like a 45 degree angle. Okay, chances are they're going to come all the way | ||
625 | |624 |01:06:11 ~-~-> 01:06:17 |back down on that red folder news event at 945 or 10 o'clock. So Don't, don't be | ||
626 | |625 |01:06:17 ~-~-> 01:06:22 |in there trying to get a just a gap close on the opening or don't look for | ||
627 | |626 |01:06:22 ~-~-> 01:06:27 |the simple little it dropped down one standard deviation of this or that. No, | ||
628 | |627 |01:06:27 ~-~-> 01:06:33 |no, no. Narrative says I'm going to wait and see. Are they going to tear the | ||
629 | |628 |01:06:33 ~-~-> 01:06:38 |heads off of everyone that has a stop loss? And I look for Asian loads when | ||
630 | |629 |01:06:38 ~-~-> 01:06:46 |there's a 945 or 10 o'clock red folder, even red folder, not medium impact. Red | ||
631 | |630 |01:06:46 ~-~-> 01:06:50 |high impact. See how important that economic found there is. Now it's like | ||
632 | |631 |01:06:50 ~-~-> 01:06:58 |the TV guy from the 80s and 90s. You gotta give it to you go to go to this | ||
633 | |632 |01:06:58 ~-~-> 01:07:03 |channel on your paid programming. It'll tell you at this time on this show, this | ||
634 | |633 |01:07:03 ~-~-> 01:07:08 |program is fun. We used to have to get a little magazine every week tell us that, | ||
635 | |634 |01:07:09 ~-~-> 01:07:13 |well, you have that same function in trading with the economic calendar, and | ||
636 | |635 |01:07:13 ~-~-> 01:07:17 |then you don't even know what to do with it. You look at that and say, Oh, shit, | ||
637 | |636 |01:07:17 ~-~-> 01:07:25 |this red broke. I'm not trading today. I was like that too. I was like that. But | ||
638 | |637 |01:07:25 ~-~-> 01:07:32 |how you navigate through that is with narrative. When do you use London | ||
639 | |638 |01:07:32 ~-~-> 01:07:35 |sessions? Meeting impact or noted? I | ||
640 | |639 |01:07:56 ~-~-> 01:08:03 |Where do you think it's going to get to over time. Where are you at proximity to | ||
641 | |640 |01:08:03 ~-~-> 01:08:07 |that entire range? Because that implied dealing range is undelivered so far. | ||
642 | |641 |01:08:08 ~-~-> 01:08:14 |It's it's pending. So where are you at that moment in the grand scheme of | ||
643 | |642 |01:08:14 ~-~-> 01:08:24 |things, if we're in a discount, it's likely to go down to London. It's not | ||
644 | |643 |01:08:24 ~-~-> 01:08:28 |likely to go to London when you're in a premium because it's not going to offer | ||
645 | |644 |01:08:28 ~-~-> 01:08:35 |discount pricing to retail rent. Then it will always work with just the pre | ||
646 | |645 |01:08:35 ~-~-> 01:08:39 |market session seven o'clock to 930 and folks, if you don't know this gave you, | ||
647 | |646 |01:08:40 ~-~-> 01:08:45 |that's the keys to the kingdom for narrative and bias. I just laid it down. | ||
648 | |647 |01:08:46 ~-~-> 01:08:55 |It's given to you and you cannot very specific rules, very simplistic rules, | ||
649 | |648 |01:08:56 ~-~-> 01:09:02 |but not going to be triggered, not going to be someone that's all hopped up on | ||
650 | |649 |01:09:02 ~-~-> 01:09:02 |volume. | ||
651 | |650 |01:09:12 ~-~-> 01:09:18 |That's funny when I would because you think you know something, because it | ||
652 | |651 |01:09:18 ~-~-> 01:09:22 |gives you these little things on your chart. You feel informed I got nothing | ||
653 | |652 |01:09:22 ~-~-> 01:09:28 |on my chart but time and price, and I'm telling you where it's going. Look at | ||
654 | |653 |01:09:28 ~-~-> 01:09:34 |what you just watched just this week, in a market that is highly manipulative. | ||
655 | |654 |01:09:34 ~-~-> 01:09:40 |How do I know it's highly How do I do that? How do I know when to expect this | ||
656 | |655 |01:09:40 ~-~-> 01:09:45 |and that? Well, first of all, everybody understands now, especially since last | ||
657 | |656 |01:09:45 ~-~-> 01:09:49 |year. If you're listening to me, either you've learned about it beforehand, and | ||
658 | |657 |01:09:49 ~-~-> 01:09:53 |you certainly know about it. Man, opening range gaps, you. | ||
659 | |658 |01:10:01 ~-~-> 01:10:10 |How often are they showing the natural gap that's stable to deal chart, they're | ||
660 | |659 |01:10:10 ~-~-> 01:10:16 |leaving big pockets of the price. That's egg in regulation, huge amount of | ||
661 | |660 |01:10:16 ~-~-> 01:10:21 |manipulation. So you have to be very nimble. Internet. If you're not nimble, | ||
662 | |661 |01:10:21 ~-~-> 01:10:26 |you're going to fall victim. And there's some pretty respectable names that have | ||
663 | |662 |01:10:26 ~-~-> 01:10:33 |been I'm not going to name them, but if you recently, in the last two weeks, | ||
664 | |663 |01:10:33 ~-~-> 01:10:38 |have came forward publicly and said, hey, you know what? I got to be honest | ||
665 | |664 |01:10:38 ~-~-> 01:10:45 |with you, man, this market has been tough, or I blew my ass out. In my | ||
666 | |665 |01:10:45 ~-~-> 01:10:50 |accounts, they're gone. I wasted I'm gonna have to reset. Let me tell you | ||
667 | |666 |01:10:50 ~-~-> 01:10:55 |something. If you're feeling demoralized by that, shake that shit the fuck off | ||
668 | |667 |01:10:55 ~-~-> 01:10:59 |right now. Shake it off, because I'm gonna tell you something | ||
669 | |668 |01:10:59 ~-~-> 01:11:03 |for 33 years. I'm not saying I I'm the longest dinosaur. Okay, I guarantee if | ||
670 | |669 |01:11:03 ~-~-> 01:11:05 |you get somebody that's older than me isn't doing | ||
671 | |670 |01:11:05 ~-~-> 01:11:10 |morning Larry Williams, I guarantee you, he came forward right now and said, | ||
672 | |671 |01:11:10 ~-~-> 01:11:16 |Okay, that's so difficult. One to 1010. Being fucking nearly impossible. Where | ||
673 | |672 |01:11:16 ~-~-> 01:11:20 |are we at in your grand scheme of things? From your perspective, 55 or | ||
674 | |673 |01:11:20 ~-~-> 01:11:30 |whatever. It's funny forever. What is your opinion in terms of the difficulty | ||
675 | |674 |01:11:30 ~-~-> 01:11:35 |right now and all the things he's seen? I guarantee you, he'd say this shit is | ||
676 | |675 |01:11:35 ~-~-> 01:11:39 |wild, like it's we've never seen | ||
677 | |676 |01:11:39 ~-~-> 01:11:42 |it like this. Folks and these 20 year olds have run around and pretend like, | ||
678 | |677 |01:11:42 ~-~-> 01:11:44 |oh, nothing's changed. Oh, nothing's changed. | ||
679 | |678 |01:11:44 ~-~-> 01:11:48 |You have no idea the fuck you're talking about. You've never traded in daily | ||
680 | |679 |01:11:48 ~-~-> 01:11:59 |ranges where you got six handles, 24 ticks. That was a fake deal day, man, | ||
681 | |680 |01:12:01 ~-~-> 01:12:09 |that's literally five minutes of trading right now on a slow day. That's how | ||
682 | |681 |01:12:09 ~-~-> 01:12:14 |that's the that's the monstrosity of we're we're dealing with that as traders | ||
683 | |682 |01:12:14 ~-~-> 01:12:18 |in one way, it's wonderful. It's intoxicating, because there's so much | ||
684 | |683 |01:12:18 ~-~-> 01:12:22 |movement. You A | ||
685 | |684 |01:12:29 ~-~-> 01:12:33 |levels of deferring when you're going to take the next the next training, just | ||
686 | |685 |01:12:33 ~-~-> 01:12:38 |because you think it's going to move right now, you need to ask yourself, am | ||
687 | |686 |01:12:38 ~-~-> 01:12:43 |I feeling that because I want to do something patient, whereas my model | ||
688 | |687 |01:12:43 ~-~-> 01:12:50 |really is getting addicted, but the gambler does go to Casino. That's why | ||
689 | |688 |01:12:50 ~-~-> 01:12:54 |there's no clocks and there's no windows in a casino, because they want you in | ||
690 | |689 |01:12:54 ~-~-> 01:12:59 |time distortion. They don't want you realizing how much time you've blocked | ||
691 | |690 |01:12:59 ~-~-> 01:13:03 |your ass down and you're just waiting for the eventual win. Keep pumping down | ||
692 | |691 |01:13:03 ~-~-> 01:13:07 |your wrist, keep feeding the machine, keep playing that card to be dealt to | ||
693 | |692 |01:13:07 ~-~-> 01:13:10 |you. It's going to happen eventually, if you're sick of it, long enough it's | ||
694 | |693 |01:13:10 ~-~-> 01:13:13 |going to happen, you're going to get a win. And even if you get back your | ||
695 | |694 |01:13:13 ~-~-> 01:13:16 |losses, and you won't be smart enough to walk away, then you're gonna say, I'm on | ||
696 | |695 |01:13:16 ~-~-> 01:13:20 |a street I'm going to push it again. That's the same thing that happens in | ||
697 | |696 |01:13:20 ~-~-> 01:13:23 |training. And the unfortunate thing is, all of these influence, whether they're | ||
698 | |697 |01:13:23 ~-~-> 01:13:28 |great at training or not, they have a huge impact on a large number of people. | ||
699 | |698 |01:13:31 ~-~-> 01:13:35 |And when they show you that they're winning, and that's awesome, I love | ||
700 | |699 |01:13:35 ~-~-> 01:13:40 |seeing I am not looking down anybody. I'm trying to give you all a proper | ||
701 | |700 |01:13:40 ~-~-> 01:13:43 |perspective, even the folks that are winning because what you're doing right | ||
702 | |701 |01:13:43 ~-~-> 01:13:50 |now and you're winning, don't be surprised if things change, market wise, | ||
703 | |702 |01:13:50 ~-~-> 01:13:57 |and you can't find consistency, you're going to get punched drunk, doing things | ||
704 | |703 |01:13:57 ~-~-> 01:14:02 |that really don't make any sense as to Why you're doing them, or increasing the | ||
705 | |704 |01:14:02 ~-~-> 01:14:09 |level of risk right now, at the highest time in history of trading, we've never | ||
706 | |705 |01:14:09 ~-~-> 01:14:16 |seen about, never been there. Look at this. Look at that. Look at the Daily | ||
707 | |706 |01:14:16 ~-~-> 01:14:25 |ranges. Look at the Daily ranges, man like this is a dream land for a scalper, | ||
708 | |707 |01:14:27 ~-~-> 01:14:31 |but you can't be in there every 10 seconds trading. You can't you'll get | ||
709 | |708 |01:14:31 ~-~-> 01:14:36 |your ass handed to you. And with all this stuff, with tariffs, more tears, no | ||
710 | |709 |01:14:36 ~-~-> 01:14:40 |tariffs, India and Pakistan, we're going to do this. We're going to do that. | ||
711 | |710 |01:14:40 ~-~-> 01:14:45 |Everything's a mess right now. All it takes is one little spark, and this | ||
712 | |711 |01:14:45 ~-~-> 01:14:51 |pattern is sending this market any direction, real fast and tear your head | ||
713 | |712 |01:14:51 ~-~-> 01:14:58 |completely off so having an understanding of why the market will go | ||
714 | |713 |01:14:58 ~-~-> 01:15:04 |down to its. Esthetic level before it goes higher, is narrative. That's not | ||
715 | |714 |01:15:04 ~-~-> 01:15:10 |bias. Bias is a static idea in my Bucha bearish, everybody in trading holds a | ||
716 | |715 |01:15:10 ~-~-> 01:15:15 |bias. I don't give a shit because, oh no, I used to trade like I stopped | ||
717 | |716 |01:15:15 ~-~-> 01:15:19 |trading IPP and I got better, because I don't trade with a bias. The fuck you do | ||
718 | |717 |01:15:20 ~-~-> 01:15:24 |you do if you're going in long, your bias is just going fucking up nobody's | ||
719 | |718 |01:15:26 ~-~-> 01:15:32 |and I'm gonna buy long when they're short or one and go short. These 20 year | ||
720 | |719 |01:15:32 ~-~-> 01:15:36 |olds gotta pull their head out of their ass. They're trying so hard to be | ||
721 | |720 |01:15:36 ~-~-> 01:15:39 |relevant. They're gonna make up shit just to sound like they're smart, | ||
722 | |721 |01:15:39 ~-~-> 01:15:43 |because most people listening to them are fucking idiots anyway. They're | ||
723 | |722 |01:15:43 ~-~-> 01:15:48 |listening these people because they show you something they purchased with money | ||
724 | |723 |01:15:48 ~-~-> 01:15:53 |they made off of sales and mentorship. Being a part of my this or that crew my | ||
725 | |724 |01:15:53 ~-~-> 01:15:59 |community, and they championed one or two events in their entire time on | ||
726 | |725 |01:15:59 ~-~-> 01:16:08 |social media, where the house is, one tree where, okay, what are you going to | ||
727 | |726 |01:16:08 ~-~-> 01:16:12 |do tomorrow? What are you going to do tomorrow? Have up on Tuesday of next | ||
728 | |727 |01:16:12 ~-~-> 01:16:16 |week? What are you going to do on Tuesday? Yeah, I know. I know what I'm | ||
729 | |728 |01:16:16 ~-~-> 01:16:31 |doing on Friday every day. Don't fight because I don't need the trick. Who | ||
730 | |729 |01:16:31 ~-~-> 01:16:34 |would you rather listen to? Somebody that has to keep your attention by | ||
731 | |730 |01:16:34 ~-~-> 01:16:38 |pushing out all their materialistic bullshit? Here's what I'm doing. Here's | ||
732 | |731 |01:16:38 ~-~-> 01:16:42 |all my depreciating assets, here's all the fucking things I'm wasting with | ||
733 | |732 |01:16:42 ~-~-> 01:16:45 |insurance payments and all this bullshit. I'm barely driving them, | ||
734 | |733 |01:16:45 ~-~-> 01:16:49 |because I know if I drive them, when I do a retail the value will be diminished | ||
735 | |734 |01:16:49 ~-~-> 01:16:55 |greatly by the bundles I put on. Or someone that says, here's what the | ||
736 | |735 |01:16:55 ~-~-> 01:16:59 |market's going to do, and it's done your damn business. How much money I have, | ||
737 | |736 |01:16:59 ~-~-> 01:17:06 |how much money I made and what I live in and what I drive. See, you're either | ||
738 | |737 |01:17:06 ~-~-> 01:17:10 |addicted to the attention that you want to give to other people, or you're | ||
739 | |738 |01:17:10 ~-~-> 01:17:18 |addicted to your personal development for stupid fucking people worrying about | ||
740 | |739 |01:17:18 ~-~-> 01:17:24 |what color fucking underwear I wear. None of that shit matters, man, none of | ||
741 | |740 |01:17:24 ~-~-> 01:17:29 |that shit fucking matters. What matters is, what can I learn today? | ||
742 | |741 |01:17:29 ~-~-> 01:17:33 |How can I apply for myself as a trader, and how can it help me avoid making | ||
743 | |742 |01:17:33 ~-~-> 01:17:36 |wallets that debilitate me and completely | ||
744 | |743 |01:17:36 ~-~-> 01:17:40 |take me out of the game? And how can I think about this shit correctly? That | ||
745 | |744 |01:17:40 ~-~-> 01:17:42 |way, and none of this stuff will bother you, even, like the collusion trade, it | ||
746 | |745 |01:17:42 ~-~-> 01:17:52 |doesn't upset me. That's my teachings, because I'm not talking to you on X I'm | ||
747 | |746 |01:17:52 ~-~-> 01:17:56 |not talking to YouTubers. I'm not talking to people that went to my | ||
748 | |747 |01:17:56 ~-~-> 01:18:03 |mentorship. I'm talking to my own children. I'm third that, and when I'm | ||
749 | |748 |01:18:03 ~-~-> 01:18:10 |talking all the time, all the time, if I'm speaking about money, | ||
750 | |749 |01:18:11 ~-~-> 01:18:15 |making money, not losing it, holding on to it, and how to navigate problem | ||
751 | |750 |01:18:15 ~-~-> 01:18:15 |areas, | ||
752 | |751 |01:18:16 ~-~-> 01:18:21 |I'm talking to Kayla, I'm talking to Cody, I'm talking to Cannon, I'm talking | ||
753 | |752 |01:18:21 ~-~-> 01:18:24 |to Katie, I'm talking to my daughter. And no, you don't fucking know her name, | ||
754 | |753 |01:18:24 ~-~-> 01:18:29 |and I'm not going to reveal it's always been an alias. She had to fucking move | ||
755 | |754 |01:18:29 ~-~-> 01:18:35 |out of seat because you fucking weird in this some of you have no idea how how a | ||
756 | |755 |01:18:35 ~-~-> 01:18:42 |boundary is. It's respectable, and some of you expect levels of information that | ||
757 | |756 |01:18:42 ~-~-> 01:18:46 |nobody would be comfortable giving. Show me this and show me that. How about I | ||
758 | |757 |01:18:46 ~-~-> 01:18:50 |just fucking told you what the market's going to do every single minute from the | ||
759 | |758 |01:18:50 ~-~-> 01:19:02 |other chart you're not content with that. You want more, not going to find | ||
760 | |759 |01:19:02 ~-~-> 01:19:10 |project they got here, blanketing my folks. I'm calling this on that they go | ||
761 | |760 |01:19:10 ~-~-> 01:19:17 |away with roaches and delight. Come out here and show it. They run away. I got | ||
762 | |761 |01:19:17 ~-~-> 01:19:23 |nothing to lose. I got nothing to lose because I know my shit works if you | ||
763 | |762 |01:19:23 ~-~-> 01:19:27 |listen to me and the rules that I lay down, tuck them in these really long | ||
764 | |763 |01:19:27 ~-~-> 01:19:33 |winded bloviations of bullshit that's going to help people listen to it, but | ||
765 | |764 |01:19:33 ~-~-> 01:19:38 |tuck it in there, because I know there's a lot of lazy people, and I can't Stand | ||
766 | |765 |01:19:38 ~-~-> 01:19:45 |laziness. It pisses me off, because some of you want me to give it to you without | ||
767 | |766 |01:19:45 ~-~-> 01:19:54 |any effort. You both deserve that my children don't give Why the fuck would | ||
768 | |767 |01:19:54 ~-~-> 01:19:58 |you expect to give it to you? If anything, I would lighten your hands | ||
769 | |768 |01:19:58 ~-~-> 01:20:02 |like that if cable is here. Right now, right here, right now. People tell you, | ||
770 | |769 |01:20:03 ~-~-> 01:20:10 |Hey, you're right. I make them work their job. I make them go to their | ||
771 | |770 |01:20:10 ~-~-> 01:20:14 |medial jobs. I make them do that. You want to know why? Because that's what | ||
772 | |771 |01:20:14 ~-~-> 01:20:22 |don't meet up. It's a nasty I have. I don't ever, ever want to go back to | ||
773 | |772 |01:20:22 ~-~-> 01:20:30 |having to do that ever. I'm never going to work for another fucking I'm never | ||
774 | |773 |01:20:30 ~-~-> 01:20:41 |going to do that. I put myself in a situation that I will never come down. I | ||
775 | |774 |01:20:41 ~-~-> 01:20:42 |never have to do that. I | ||
776 | |775 |01:20:50 ~-~-> 01:20:58 |nerve wrecking. I can't see it. I'd rather teach like this. And some of you | ||
777 | |776 |01:20:58 ~-~-> 01:21:04 |don't like this, but this is what I noticed, because this is the stuff that | ||
778 | |777 |01:21:04 ~-~-> 01:21:09 |matters. This is the things that make you or break you. As a trader and 20 | ||
779 | |778 |01:21:09 ~-~-> 01:21:12 |year old ain't been around in the game long enough to know this stuff unless | ||
780 | |779 |01:21:12 ~-~-> 01:21:15 |they heard it from people that they're doing longer and they parent, they | ||
781 | |780 |01:21:15 ~-~-> 01:21:27 |regurgitate or say it verbatim. You I don't want my children to do what they | ||
782 | |781 |01:21:27 ~-~-> 01:21:30 |do, but I know eventually, | ||
783 | |782 |01:21:35 ~-~-> 01:21:39 |so I have to roll my sleeves up, show him that this is what I'm doing, and | ||
784 | |783 |01:21:39 ~-~-> 01:21:44 |they're going through it just like you are. I fucked around for six years, and | ||
785 | |784 |01:21:44 ~-~-> 01:21:48 |I first started this stuff, I had it figured out three and a half years, but | ||
786 | |785 |01:21:48 ~-~-> 01:21:52 |I still thought I could do more with it. Take it around, take it around two and a | ||
787 | |786 |01:21:52 ~-~-> 01:21:58 |half more years. That's the part that that two and a half years made it like | ||
788 | |787 |01:21:59 ~-~-> 01:22:00 |you ain't telling me, I don't know, | ||
789 | |788 |01:22:02 ~-~-> 01:22:05 |and I was doing all the wrong things at that time, two and a half years of doing | ||
790 | |789 |01:22:05 ~-~-> 01:22:08 |stupid, trying to make something better | ||
791 | |790 |01:22:08 ~-~-> 01:22:13 |than it already was. At three and a half years I've had that you're watching the | ||
792 | |791 |01:22:13 ~-~-> 01:22:14 |news right now. | ||
793 | |792 |01:22:22 ~-~-> 01:22:26 |I promise you this, if I showed you everything I could do, CNBC and | ||
794 | |793 |01:22:26 ~-~-> 01:22:36 |everybody, newscasters outside, it's just like that, folks, it's just like | ||
795 | |794 |01:22:36 ~-~-> 01:22:44 |that. And I love blurring that line, because I want a lot of skepticism. So I | ||
796 | |795 |01:22:44 ~-~-> 01:22:51 |want that because I plain view doing that. Think about how many people follow | ||
797 | |796 |01:22:51 ~-~-> 01:22:55 |me. I'm not bragging. I want you to think about this. Think about how many | ||
798 | |797 |01:22:55 ~-~-> 01:23:02 |following how many are here right now. Listen, look at it. But that means | ||
799 | |798 |01:23:02 ~-~-> 01:23:08 |people are listening. They're not listening, and they're the same people | ||
800 | |799 |01:23:08 ~-~-> 01:23:12 |that are not even subscribed to my channel, because 95% are from people | ||
801 | |800 |01:23:12 ~-~-> 01:23:16 |that don't subscribe. So they mean they they're a fair weather student. That | ||
802 | |801 |01:23:16 ~-~-> 01:23:24 |means, well, you don't need to see what this guy put on, leading to now you I | ||
803 | |802 |01:23:24 ~-~-> 01:23:27 |put more effort into these discussions than anything I've ever put on YouTube, | ||
804 | |803 |01:23:28 ~-~-> 01:23:32 |and I might be the page right here. I'll prove it to you again. I'll show you | ||
805 | |804 |01:23:32 ~-~-> 01:23:36 |that there's no modernization on x. I don't have any modernization in | ||
806 | |805 |01:23:36 ~-~-> 01:23:40 |telegram. So the Google it post that shit. I don't even know how to do that | ||
807 | |806 |01:23:40 ~-~-> 01:23:48 |on Telegram, because no ads roll in my telegram channel. Come on ad revenue is | ||
808 | |807 |01:23:48 ~-~-> 01:23:52 |trash money. It's garbage. I can use that for my daughter. That's what that's | ||
809 | |808 |01:23:52 ~-~-> 01:23:57 |for, that I need help with this. If I could use this, I need new furniture | ||
810 | |809 |01:23:57 ~-~-> 01:24:01 |over here. My car needs new tires. It's like a sludge phone. That's all it is. | ||
811 | |810 |01:24:02 ~-~-> 01:24:14 |Anyone. When we have vacations, that's it. I am not living a year. I blow | ||
812 | |811 |01:24:14 ~-~-> 01:24:21 |through that all year long. What happens then? My property taxes are many times | ||
813 | |812 |01:24:21 ~-~-> 01:24:34 |more than what you've earned. Hello, I'm talking to you in the most down to earth | ||
814 | |813 |01:24:34 ~-~-> 01:24:39 |way I can, and there's nothing for me to monetize it. I give everybody else the | ||
815 | |814 |01:24:39 ~-~-> 01:24:44 |permission to use these recordings, and they posted on the YouTube channel. And | ||
816 | |815 |01:24:44 ~-~-> 01:24:49 |when I teach you, let me set in these settings is just like we would be if you | ||
817 | |816 |01:24:49 ~-~-> 01:24:59 |were in a one on one back in the 90s. That would be doing and only being with | ||
818 | |817 |01:24:59 ~-~-> 01:25:08 |me for one week. It was hard, but I didn't have a lot of students doing real | ||
819 | |818 |01:25:08 ~-~-> 01:25:14 |well, because one week, how much note taking can you take? Think about how | ||
820 | |819 |01:25:14 ~-~-> 01:25:19 |much I've talked today and how much you've worked out. Do you think that all | ||
821 | |820 |01:25:19 ~-~-> 01:25:25 |this stuff is grandiose, Episcopal showing off. Being opposite is not | ||
822 | |821 |01:25:25 ~-~-> 01:25:35 |because you're going to get that also the marksmanship suddenly does we gonna | ||
823 | |822 |01:25:35 ~-~-> 01:25:42 |do? How to deal with that? How are you gonna internalize your future continued | ||
824 | |823 |01:25:42 ~-~-> 01:25:46 |success on short term adversity. Because when you have adversity in these | ||
825 | |824 |01:25:46 ~-~-> 01:25:49 |climates right now that having this volatility, these levels of volatility | ||
826 | |825 |01:25:49 ~-~-> 01:25:56 |that we have right here right now, you cannot get a case of gas and say, Well, | ||
827 | |826 |01:25:56 ~-~-> 01:26:00 |damn it, I'm in board. Man, I'm going in. I'm getting it back, and I'm taking | ||
828 | |827 |01:26:00 ~-~-> 01:26:05 |a pound of brush with them too. You're blowing your accounts. You'll blow them. | ||
829 | |828 |01:26:07 ~-~-> 01:26:12 |I'm trying to remind you of someone with three decades plus experience. I've seen | ||
830 | |829 |01:26:12 ~-~-> 01:26:21 |every market condition that's ever been ever and this is the most difficult time | ||
831 | |830 |01:26:21 ~-~-> 01:26:25 |as a traitor I've ever seen, and these 20 year olds that walk around me act | ||
832 | |831 |01:26:25 ~-~-> 01:26:29 |like that, you know, this is the easiest thing in the world. No, it's not, bro. | ||
833 | |832 |01:26:29 ~-~-> 01:26:36 |No, it's not. I guarantee you. Hook a hook a heart rate monitor up to your | ||
834 | |833 |01:26:36 ~-~-> 01:26:40 |bullshit. Live stream it and do that. I guarantee you, you're, clocking 180 | ||
835 | |834 |01:26:41 ~-~-> 01:26:46 |fucking beats a minute. I guarantee you you're doing it. I guarantee you your | ||
836 | |835 |01:26:46 ~-~-> 01:26:53 |blood pressure side fucking high. I guarantee you, even in your bullshit | ||
837 | |836 |01:26:53 ~-~-> 01:26:56 |demo accounts, that you're trading these problems because the outcome means | ||
838 | |837 |01:26:56 ~-~-> 01:27:04 |something to you. You have to respect. You have to respect the level of risk | ||
839 | |838 |01:27:05 ~-~-> 01:27:09 |right now. But you never hear this young man. They're not here to tell you until | ||
840 | |839 |01:27:09 ~-~-> 01:27:12 |they book their accounts. And the ones that have character, the ones that are | ||
841 | |840 |01:27:12 ~-~-> 01:27:20 |honest, everybody respect them. When they say, look around. You'll know who | ||
842 | |841 |01:27:20 ~-~-> 01:27:24 |I'm talking about, and I have utmost respect for those individuals. I know | ||
843 | |842 |01:27:24 ~-~-> 01:27:27 |you guys don't like when I talk about Patrick wheeling you know what he was | ||
844 | |843 |01:27:27 ~-~-> 01:27:33 |trying? About Him, He's funny. He's a diamond in the rough, though, because | ||
845 | |844 |01:27:33 ~-~-> 01:27:43 |what you don't realize is that was me at 20. That was me at 20, $17,000 $1,000 a | ||
846 | |845 |01:27:43 ~-~-> 01:27:47 |week coming into my hands, and I didn't ever have a job to make more than $200 | ||
847 | |846 |01:27:47 ~-~-> 01:27:53 |taxes you couldn't tell you could have told me nothing about how I was the | ||
848 | |847 |01:27:53 ~-~-> 01:27:58 |shit, and I was wasting money, blowing money, and things were a lot cheaper | ||
849 | |848 |01:27:58 ~-~-> 01:27:58 |back then. | ||
850 | |849 |01:28:08 ~-~-> 01:28:13 |His falls to come out and say, I did this, and it didn't work out, and I had | ||
851 | |850 |01:28:13 ~-~-> 01:28:18 |nobody like I fucked it up, and I told him privately, and he came back with | ||
852 | |851 |01:28:18 ~-~-> 01:28:21 |some bullshit, you're not going to teach me, but I'm trying to teach you, bro, | ||
853 | |852 |01:28:21 ~-~-> 01:28:25 |I'm encouraging you. That's all I'm trying to do. I'm an audience member. | ||
854 | |853 |01:28:26 ~-~-> 01:28:28 |That's all I am. An audience member. | ||
855 | |854 |01:28:34 ~-~-> 01:28:40 |Don't lose sight of what you're doing for and I have, openly and privately | ||
856 | |855 |01:28:40 ~-~-> 01:28:45 |gave that man my respect for the times he's done that where he's came forward | ||
857 | |856 |01:28:45 ~-~-> 01:28:51 |and said, I fucked up. I blew this account. I blew that account. You don't | ||
858 | |857 |01:28:51 ~-~-> 01:28:57 |see that a lot. You don't see that. And people need to see that shit. | ||
859 | |858 |01:28:59 ~-~-> 01:29:03 |They need to see it, not just the fast cars, the vacations, all the people you | ||
860 | |859 |01:29:03 ~-~-> 01:29:05 |hang around, it looks like a carnival atmosphere, | ||
861 | |860 |01:29:05 ~-~-> 01:29:10 |doesn't it? That's showmanship. But when he pulls back the curtain and says, You | ||
862 | |861 |01:29:10 ~-~-> 01:29:15 |know what, I'm working my fucking ass off, and I had a rough week. I had a | ||
863 | |862 |01:29:15 ~-~-> 01:29:20 |rough April, he made money, but he is admitting to you that he had to work his | ||
864 | |863 |01:29:20 ~-~-> 01:29:25 |ass off work. That, to me, means something. That's the shit I want to | ||
865 | |864 |01:29:25 ~-~-> 01:29:28 |see. That's the kind of stuff, not just from him, but everybody else. Because | ||
866 | |865 |01:29:28 ~-~-> 01:29:32 |everyone else is walking around that they have sunglasses on and walking on | ||
867 | |866 |01:29:32 ~-~-> 01:29:36 |rainbows and fucking sunshine, Sammy fucking sunshine. Nothing ever happened | ||
868 | |867 |01:29:36 ~-~-> 01:29:40 |to them. I admit it, even though you see what I'm doing, I'm talking before it | ||
869 | |868 |01:29:40 ~-~-> 01:29:48 |happens and I'm dealing it ain't easy. It is not fucking easy. Easy. Easy would | ||
870 | |869 |01:29:48 ~-~-> 01:29:56 |be me doing every 20 minute trace I'm not doing. I'm receptive the level of | ||
871 | |870 |01:29:56 ~-~-> 01:30:00 |risk. And when these guys come out here and they. Would | ||
872 | |871 |01:30:00 ~-~-> 01:30:03 |your attention all that materialistic stuff, and they never come forward and | ||
873 | |872 |01:30:03 ~-~-> 01:30:05 |tell you their adversities, | ||
874 | |873 |01:30:08 ~-~-> 01:30:12 |unplug, because all they're doing is captivating you with materialism. And | ||
875 | |874 |01:30:12 ~-~-> 01:30:16 |how much are they really given to you that's useful information besides | ||
876 | |875 |01:30:16 ~-~-> 01:30:20 |entertainment, like Lifestyles of the Rich and Famous used to be. You ever | ||
877 | |876 |01:30:20 ~-~-> 01:30:24 |watch that show is the order over person I used to German show like to break. | ||
878 | |877 |01:30:25 ~-~-> 01:30:31 |This is amazing. And the show I'm back to, I only make $180 to capture, and | ||
879 | |878 |01:30:31 ~-~-> 01:30:36 |it's depressing. But then I start looking at how many more days it will be | ||
880 | |879 |01:30:36 ~-~-> 01:30:42 |until, yep, so it comes on again. That's what you're doing with social media. | ||
881 | |880 |01:30:42 ~-~-> 01:30:47 |You're worshiping these people. That's why I don't worship works for me. I give | ||
882 | |881 |01:30:47 ~-~-> 01:30:52 |you nothing, nothing materialistic. I showed you the goods. Here's what price | ||
883 | |882 |01:30:52 ~-~-> 01:30:56 |is going to be. Because that's the only reason why you should listen to somebody | ||
884 | |883 |01:30:56 ~-~-> 01:31:00 |about trading. You give the shit what they own. Who cares? I can be wrecking | ||
885 | |884 |01:31:00 ~-~-> 01:31:09 |stuff. I'm a simple guy. Simple guy, the Corvette. I can afford any car out | ||
886 | |885 |01:31:09 ~-~-> 01:31:17 |there. Poor I can buy a liberating every single week, cash money. I love | ||
887 | |886 |01:31:17 ~-~-> 01:31:20 |Corvettes. That's my dream car. That's a little boy. And I live my life like | ||
888 | |887 |01:31:20 ~-~-> 01:31:27 |that. I like simplicity. Even though you think myself complex, it's simple. I | ||
889 | |888 |01:31:27 ~-~-> 01:31:30 |have simplified it. But see, what you're feeling is that you're trying to find | ||
890 | |889 |01:31:31 ~-~-> 01:31:37 |everything in a simple thing is knowing is going to go up or down. It's drowned | ||
891 | |890 |01:31:38 ~-~-> 01:31:43 |by what's the CMT, the administrators report saying, what's the relative | ||
892 | |891 |01:31:44 ~-~-> 01:31:49 |analysis between euro and pound, which one's failing to make a lower low? And | ||
893 | |892 |01:31:50 ~-~-> 01:31:55 |let's add into it seasonal tendencies, and let's add into it 15 other markets, | ||
894 | |893 |01:31:55 ~-~-> 01:32:02 |because that's going to help all that does sincerely, this is what it does. It | ||
895 | |894 |01:32:02 ~-~-> 01:32:08 |gives you more shit to worry about. I've shown you last year and this year by | ||
896 | |895 |01:32:08 ~-~-> 01:32:15 |looking at one market in a closely correlated market, the s, p, you take | ||
897 | |896 |01:32:15 ~-~-> 01:32:21 |everything I've called in advance and then execute it and showed you it times | ||
898 | |897 |01:32:21 ~-~-> 01:32:25 |that by 20 accounts, times five. Nobody's made that much money in profit | ||
899 | |898 |01:32:25 ~-~-> 01:32:29 |ever. And I had two of them come out and facetiously tell you, basically, don't | ||
900 | |899 |01:32:29 ~-~-> 01:32:33 |even try, Michael. And I never would. I would never give them my personal | ||
901 | |900 |01:32:33 ~-~-> 01:32:37 |permission, but I really surely contemplated making friends with 10 | ||
902 | |901 |01:32:37 ~-~-> 01:32:45 |special individuals, 10 privately selected individuals to have access what | ||
903 | |902 |01:32:45 ~-~-> 01:32:54 |I'm doing. Scale back just a little bit, just I'm going to test I want to test | ||
904 | |903 |01:32:55 ~-~-> 01:32:58 |these problems. I want to test what they're | ||
905 | |904 |01:32:58 ~-~-> 01:33:02 |willing to pay out and everything documented so you can see when they | ||
906 | |905 |01:33:02 ~-~-> 01:33:05 |don't do it, I'm gonna open a can of whoop fast and show the whole fucking | ||
907 | |906 |01:33:05 ~-~-> 01:33:07 |world. This is why you don't want | ||
908 | |907 |01:33:07 ~-~-> 01:33:11 |to do it. You want to make your money. Don't try to double the big number | ||
909 | |908 |01:33:11 ~-~-> 01:33:20 |there. You have enough money to go into a life definitely no business you my | ||
910 | |909 |01:33:20 ~-~-> 01:33:21 |sauce, | ||
911 | |910 |01:33:26 ~-~-> 01:33:37 |where I'm coming from, house coming. It's COVID, proper day of reckoning. I | ||
912 | |911 |01:33:38 ~-~-> 01:33:42 |told you I've been working on a project. I told you I was working on it. And | ||
913 | |912 |01:33:42 ~-~-> 01:33:48 |guess what? You have fucking nobody to blame but yourselves, because you have | ||
914 | |913 |01:33:48 ~-~-> 01:33:52 |fucked people over constantly. They're making money. Well, some bullshit rule, | ||
915 | |914 |01:33:53 ~-~-> 01:33:56 |boom, you're banned. Boom, you're closed. You broke this rule, keeping | ||
916 | |915 |01:33:56 ~-~-> 01:34:00 |endless numbers of fucking rules coming up all the time, and you make it | ||
917 | |916 |01:34:00 ~-~-> 01:34:01 |impossible. Training | ||
918 | |917 |01:34:01 ~-~-> 01:34:04 |nowhere near like that. You can't hold a | ||
919 | |918 |01:34:09 ~-~-> 01:34:14 |train pass this time. Yes, yes. Don't worry, I'm not going to appreciate I'm | ||
920 | |919 |01:34:15 ~-~-> 01:34:19 |just going to wait for them to pull the rug and say they can't pay out you. | ||
921 | |920 |01:34:20 ~-~-> 01:34:20 |Can't. | ||
922 | |921 |01:34:28 ~-~-> 01:34:33 |And when these people come out and show you how they treated, what they did, and | ||
923 | |922 |01:34:33 ~-~-> 01:34:37 |no fucking rule got broken, except for something they didn't, still have their | ||
924 | |923 |01:34:37 ~-~-> 01:34:44 |ass, then the smart people will say, You know what, I'm not going to try to make | ||
925 | |924 |01:34:44 ~-~-> 01:34:51 |my career. I'm going to take a couple $1,000 out fund myself and leave them in | ||
926 | |925 |01:34:51 ~-~-> 01:34:57 |the dust. There are people in a lot of democracy that are sleeping on the | ||
927 | |926 |01:34:57 ~-~-> 01:35:03 |regular but. I want to see the boundaries, how far it can be taken | ||
928 | |927 |01:35:04 ~-~-> 01:35:10 |within their bullshit rules. See, some of you snubbed your nose when I said 40 | ||
929 | |928 |01:35:10 ~-~-> 01:35:15 |to $50 million because that's exactly what I would do inside of one with the | ||
930 | |929 |01:35:15 ~-~-> 01:35:25 |bullshit that they have right now, 20 accounts, up to 15 contracts. Don't take | ||
931 | |930 |01:35:25 ~-~-> 01:35:29 |my word for you can that's | ||
932 | |931 |01:35:47 ~-~-> 01:35:53 |it's just that these steps really there all the time. I told you last year, | ||
933 | |932 |01:35:55 ~-~-> 01:36:04 |there's going to be some regulators stepping in soon. I'm surprised when | ||
934 | |933 |01:36:04 ~-~-> 01:36:14 |they show up at their ads say, surprise, yep. So if you're a high roller and | ||
935 | |934 |01:36:14 ~-~-> 01:36:19 |you're pulling out big money, it'd be very, very important decision making on | ||
936 | |935 |01:36:19 ~-~-> 01:36:24 |your part to navigate that and start making sure that you're able to pull out | ||
937 | |936 |01:36:24 ~-~-> 01:36:35 |what you have to stop one of those changing right now. Oh, | ||
938 | |937 |01:36:58 ~-~-> 01:37:11 |the regulated program for need to trade at all. How about that? But your pursuit | ||
939 | |938 |01:37:12 ~-~-> 01:37:19 |of perfection is your very problem, and you think the prop firms are the best | ||
940 | |939 |01:37:19 ~-~-> 01:37:24 |way to go about it. They're not so now think about this. For people that have | ||
941 | |940 |01:37:24 ~-~-> 01:37:29 |suffered just recently in the volatility and hurt themselves in mutual you're | ||
942 | |941 |01:37:29 ~-~-> 01:37:36 |using quote, unquote profit. They're not even profit. They have no money that | ||
943 | |942 |01:37:36 ~-~-> 01:37:42 |they're giving you. They've never placed any of their own physical assets, money | ||
944 | |943 |01:37:42 ~-~-> 01:37:48 |at all in your hands. So it's wrong. From Jump Street, you're not trading | ||
945 | |944 |01:37:48 ~-~-> 01:37:53 |with Prop funds. You're treating with demo that you're paying for. Now, don't, | ||
946 | |945 |01:37:53 ~-~-> 01:37:57 |don't get it twisted. I understand. I have students that have milked these | ||
947 | |946 |01:37:57 ~-~-> 01:38:05 |people, but that's the climate of what it is that you're doing okay, you're | ||
948 | |947 |01:38:05 ~-~-> 01:38:09 |playing with them on accounts, you're paying for them, and you're gambling, | ||
949 | |948 |01:38:10 ~-~-> 01:38:14 |and you're gambling with them at the highest level of difficulty that trading | ||
950 | |949 |01:38:14 ~-~-> 01:38:21 |has ever seen. And you're surprised that you're failing. You're surprised that | ||
951 | |950 |01:38:21 ~-~-> 01:38:26 |this is difficult. See, it's not real money that you're losing. You can only | ||
952 | |951 |01:38:27 ~-~-> 01:38:33 |lose what you put into ask the people that quietly spent 20 to 15, $30,000 on | ||
953 | |952 |01:38:33 ~-~-> 01:38:44 |offense, that's doing a good idea, man, does it push you too far? | ||
954 | |953 |01:38:49 ~-~-> 01:38:49 |One micro, | ||
955 | |954 |01:39:00 ~-~-> 01:39:05 |I was running, sorry, allowed credit cards, that was it. You know that also | ||
956 | |955 |01:39:05 ~-~-> 01:39:10 |is, that's cash grant. They know they're near the end of the life cycle, so | ||
957 | |956 |01:39:10 ~-~-> 01:39:13 |they're getting wherever they can. I mean, how many prop fours Have you seen? | ||
958 | |957 |01:39:13 ~-~-> 01:39:18 |Go to business, just stop class action lawsuits brought against them coming up. | ||
959 | |958 |01:39:21 ~-~-> 01:39:27 |Leave me, folks, you don't want to make your life there, if you can get a couple | ||
960 | |959 |01:39:27 ~-~-> 01:39:31 |$1,000 out of it. Okay, great. You don't need to work very hard for very long to | ||
961 | |960 |01:39:31 ~-~-> 01:39:36 |get that. But going to a brokerage firm that's regular. And, no, I'm not going | ||
962 | |961 |01:39:36 ~-~-> 01:39:41 |to name any of I'm not introducing brokerage no one's going to accuse me of | ||
963 | |962 |01:39:41 ~-~-> 01:39:46 |ever I had a brokerage firm, which happened through a second part, person, | ||
964 | |963 |01:39:46 ~-~-> 01:39:47 |through that person you. | ||
965 | |964 |01:40:09 ~-~-> 01:40:18 |Hey, and I responded, I appreciate the offer consideration, but I never do it, | ||
966 | |965 |01:40:19 ~-~-> 01:40:27 |ever because I want my opinion to be natural. It needs to be organic. No one | ||
967 | |966 |01:40:27 ~-~-> 01:40:32 |pays for my opinion. If I like something, I'll say I like it. I don't | ||
968 | |967 |01:40:32 ~-~-> 01:40:35 |like something, I'm going to tell you I don't like it, and I don't care about | ||
969 | |968 |01:40:35 ~-~-> 01:40:42 |your opinion. You came here to watch whatever I say or do? Wouldn't it make | ||
970 | |969 |01:40:42 ~-~-> 01:40:46 |sense if I was being honest and told you what it is I like and don't like, what | ||
971 | |970 |01:40:46 ~-~-> 01:40:49 |benefit is there if I say this, this, this product, this, this, this service, | ||
972 | |971 |01:40:49 ~-~-> 01:40:54 |this, this broker, and they're monetizing the bigger relationship. When | ||
973 | |972 |01:40:54 ~-~-> 01:41:00 |we tell the public that it's good, when I would never use any of them, I would | ||
974 | |973 |01:41:00 ~-~-> 01:41:04 |never do anything partnership like I turned down millions of dollars every | ||
975 | |974 |01:41:04 ~-~-> 01:41:11 |single year just because of that. I have a lot of influence, and I'm responsible | ||
976 | |975 |01:41:11 ~-~-> 01:41:17 |with that influence. I could be fleecing all of you right now, and I'm asking you | ||
977 | |976 |01:41:17 ~-~-> 01:41:23 |to consider the media I'm facing right now. I'm making nothing on my Saturday, | ||
978 | |977 |01:41:24 ~-~-> 01:41:29 |talking to you, giving you a calibration, a reset. This is how I | ||
979 | |978 |01:41:29 ~-~-> 01:41:33 |should think. This is what I should not be trying to do right now. I blew it | ||
980 | |979 |01:41:34 ~-~-> 01:41:37 |even. He said it's kind of hard right now, and I can look back at it real | ||
981 | |980 |01:41:37 ~-~-> 01:41:42 |estate and say, You know what? I pushed too hard in an environment. I demanded | ||
982 | |981 |01:41:42 ~-~-> 01:41:48 |too much from my own personal trading in this current condition, and it was | ||
983 | |982 |01:41:48 ~-~-> 01:41:51 |unfavorable, and I should not be surprised by it, and I should not be | ||
984 | |983 |01:41:52 ~-~-> 01:42:00 |demoralized. I'm going to run the proper my sons would have done this hurt | ||
985 | |984 |01:42:00 ~-~-> 01:42:03 |themselves, It's the same. | ||
986 | |985 |01:42:19 ~-~-> 01:42:25 |But thank you know that feeling bad listen to something different, and you | ||
987 | |986 |01:42:25 ~-~-> 01:42:30 |don't listen to things despite all those people out there in front of you trading | ||
988 | |987 |01:42:30 ~-~-> 01:42:34 |in these environments that are more difficult than trading itself proper, | ||
989 | |988 |01:42:35 ~-~-> 01:42:40 |all those rules that you're forcing yourself into, they don't exist in a | ||
990 | |989 |01:42:40 ~-~-> 01:42:46 |brokerage account. They don't that's not even a real perspective of trading. What | ||
991 | |990 |01:42:46 ~-~-> 01:42:52 |you're honestly doing is you're making it an Olympic feat, just to be | ||
992 | |991 |01:42:52 ~-~-> 01:42:57 |profitable, not make a lot of money, just be profitable. They gear it, and | ||
993 | |992 |01:42:57 ~-~-> 01:43:02 |they rig it in such a manner where you're absolutely assured, if you push | ||
994 | |993 |01:43:02 ~-~-> 01:43:07 |this a little bit harder, you should remember that a trailing stop loss, if | ||
995 | |994 |01:43:07 ~-~-> 01:43:13 |it was a bad should make money. Get out of here. You can't build a cushion | ||
996 | |995 |01:43:13 ~-~-> 01:43:19 |adequately as you would if you were trading with real money. They know by | ||
997 | |996 |01:43:19 ~-~-> 01:43:23 |squeezing that new Tiger cutter as you go, you're gonna think about they | ||
998 | |997 |01:43:23 ~-~-> 01:43:30 |breathe, going to be in there. You have to work well, work week long. That's | ||
999 | |998 |01:43:30 ~-~-> 01:43:42 |what you find yourself doing when I'm taking trades and people, should I do | ||
1000 | |999 |01:43:42 ~-~-> 01:43:42 |this? | ||
1001 | |1000 |01:43:49 ~-~-> 01:43:51 |No change you | ||
1002 | |1001 |01:44:07 ~-~-> 01:44:14 |you're trying to do something, but somebody that does have experience, so | ||
1003 | |1002 |01:44:14 ~-~-> 01:44:18 |they can walk through there and move walk through that mother fucker and | ||
1004 | |1003 |01:44:18 ~-~-> 01:44:23 |bankrupt every single one of them, they would never let me take that down. So | ||
1005 | |1004 |01:44:23 ~-~-> 01:44:28 |we're gonna have to go through third party. I'm gonna have friends and family | ||
1006 | |1005 |01:44:28 ~-~-> 01:44:32 |members that have friends that won't be associated with me. Now we're gonna test | ||
1007 | |1006 |01:44:32 ~-~-> 01:44:39 |the boundaries of these companies, 10 per country, 10 per company, seven | ||
1008 | |1007 |01:44:39 ~-~-> 01:44:47 |easily distribute everything, and let's see what's left. We're gonna see. Will | ||
1009 | |1008 |01:44:47 ~-~-> 01:44:51 |they really pay you out? Will they really stick to their own rules? Because | ||
1010 | |1009 |01:44:51 ~-~-> 01:44:57 |I can beat these fucking rules. I can't. It's easy shit. Easy as shit. You. | ||
1011 | |1010 |01:45:00 ~-~-> 01:45:01 |People are | ||
1012 | |1011 |01:45:26 ~-~-> 01:45:34 |I get to see everything, and I'm going to throw in some music trades, couple | ||
1013 | |1012 |01:45:35 ~-~-> 01:45:39 |little dry runs of draw down here. But when it matters, it's going to rock it | ||
1014 | |1013 |01:45:39 ~-~-> 01:45:45 |up. You'll see him. You'll see him after a couple weeks, because you're looking | ||
1015 | |1014 |01:45:45 ~-~-> 01:45:49 |for him now, and when you take five of them, they're going to appeal, and then | ||
1016 | |1015 |01:45:53 ~-~-> 01:45:58 |it's going to happen. Never going to show the world, with your confidence, | ||
1017 | |1016 |01:45:58 ~-~-> 01:46:06 |made up the bullshit lies trying to force people really going to pay out. | ||
1018 | |1017 |01:46:07 ~-~-> 01:46:12 |We've seen record payout. There's not anything to do with taking someone's | ||
1019 | |1018 |01:46:12 ~-~-> 01:46:13 |record. I | ||
1020 | |1019 |01:46:38 ~-~-> 01:46:53 |I keep people we're gonna test you. We're gonna test you. And your ability | ||
1021 | |1020 |01:46:53 ~-~-> 01:46:59 |to pay out, and as soon as you say, No, I'm putting message fucking blast. It's | ||
1022 | |1021 |01:46:59 ~-~-> 01:47:04 |gonna be on every fucking social media account I have every day for 60 days, | ||
1023 | |1022 |01:47:05 ~-~-> 01:47:08 |I'm gonna copy your fucking account handles and everything and point | ||
1024 | |1023 |01:47:08 ~-~-> 01:47:14 |everybody to what this did not happen. What do you think's gonna happen? | ||
1025 | |1024 |01:47:14 ~-~-> 01:47:16 |Waiting for the next | ||
1026 | |1025 |01:47:23 ~-~-> 01:47:24 |you're going To be trolling you | ||
1027 | |1026 |01:47:52 ~-~-> 01:47:52 |at my | ||
1028 | |1027 |01:47:59 ~-~-> 01:48:08 |expenses, gonna get fucked long and deep, no loot and a fucking thing to do | ||
1029 | |1028 |01:48:09 ~-~-> 01:48:12 |nothing. What you know about you can't stop it. You don't even know where it's | ||
1030 | |1029 |01:48:12 ~-~-> 01:48:25 |coming from. What are you gonna do nothing? So that's just earned profits. | ||
1031 | |1030 |01:48:26 ~-~-> 01:48:26 |None | ||
1032 | |1031 |01:48:31 ~-~-> 01:48:36 |of them are influences. None of them ever say. | ||
1033 | |1032 |01:48:53 ~-~-> 01:48:53 |So are you | ||
1034 | |1033 |01:48:58 ~-~-> 01:49:04 |going to operate with a business that they claim to be, or are they scamming | ||
1035 | |1034 |01:49:04 ~-~-> 01:49:07 |frauds that most of most people that know what's going on understand that | ||
1036 | |1035 |01:49:09 ~-~-> 01:49:15 |your broker is not adding rules every day every week to increase difficulty | ||
1037 | |1036 |01:49:15 ~-~-> 01:49:22 |they want to regulate step in there and start pushing their dick into them | ||
1038 | |1037 |01:49:22 ~-~-> 01:49:31 |deeper. They're gonna have to pay all that money back. There's a lot of people | ||
1039 | |1038 |01:49:33 ~-~-> 01:49:36 |that are my students. Are | ||
1040 | |1039 |01:49:43 ~-~-> 01:50:03 |is but anyway, just want to share with you today for. But you gears going, I'd | ||
1041 | |1040 |01:50:03 ~-~-> 01:50:06 |be making a shorter list of rule changes if I were using the prop firm, | ||
1042 | |1041 |01:50:06 ~-~-> 01:50:10 |companies. That's it. We're done. I. |