027-ict-tw-spaces-20230520-Is-That-Your-PnL-Or-Are-You-Just-Happy-To-See-Me
Last modified by Drunk Monkey on 2023-05-26 16:57
Outline
01:00 - Is that your P&L or your agenda?
- Welcome back to the show.
- Why james is here and what he does.
04:14 - What have you done with it so far?
- Finding a niche in a growing community.
- Finding the last piece of the ict puzzle.
- Being distracted by work and at home.
- The first time coming to someone to learn.
- Not a good mentor, but a good teacher.
- English is the best medium.
11:22 - The seven-pound universe that is in between your ears.
- The seven pound universe of the seven-pound universe.
- The five minutes of fame.
- Partial profits, but still a loss.
- Mentorship and mentorship as income streams.
15:50 - Preparing your mind with your mindset -.
- Be mindful of what you are doing every day.
- The power of the tongue.
- One small degree off early on in the journey.
- The importance of studying.
21:33 - The importance of having the ability to adapt and learn.
- None of his charter members are complete.
- Flexibility and ability to adapt are required.
- The spirit of expectation and the right mindset.
- The number of entry models.
- Empowering and empowering his students in November.
- Being a realist and not mean-spirited.
28:26 - Why are you doing this?
- How to stay motivated to do this.
- The biggest growth is from the biggest success.
- Watching a video at two times the speed.
- Time-based goals vs flexible goals.
33:23 - How do you overcome when you don’t do it right?
- How to keep pressing forward when losing money.
- Having 27 jobs as a young man.
- How to be the best manager in the world.
- The importance of being personable.
36:30 - It took me six years to get to where I am today.
- How michael huddleston learned to trade the markets.
- How to feel empowered in trading.
- Nobody cares about what you do to earn a paycheck.
- Influencer factor.
41:37 - My daughter’s fear of failure.
- My daughter is a constant drain on my bank account.
- College is like a cruise ship.
- His wife is the perfect excuse for him to fail.
- The trap of constantly learning.
47:08 - Don’t be afraid to sit down with one model, stick to the rules.
- The importance of having a baseline.
- How to get started with a model.
- Hoping from one approach to another.
- The final puzzle piece is always you.
51:57 - If you don’t have a baseline, you’re not going to have the silver bullet.
- The importance of having a baseline.
- Trading forex past one o'clock in new york
- Having a secondary income to mitigate the loss of a job.
- Florida and texas.
57:11 - What’s going on in the world of social media is going to get worse.
- How Twitter is going to get worse.
- The ministry of truth is coming to twitter.
- How much things are costing right now.
- How to trade when it gets hard.
01:02:35 - When you have price action, that’s when you engage, when you attack.
- The importance of taking action and being a specialist.
- The ict mentorship mindset.
- Create a baseline and a small sampling of models.
- Teach properly first.
Transcript
| 1 | 00:01:00,540 --> 00:01:16,320 | ICT: Is that your p&l? Or are you just happy to see me? Good morning, folks. Welcome back. Welcome back. It is Saturday, ICT shut on Saturday. And I'm a |
| 2 | 00:01:16,320 --> 00:01:32,010 | little bit out of practice here. Usually I come in firing on all cylinders, and whatnot. And I have a, either a chip on my shoulder or an agenda to get through. |
| 3 | 00:01:32,460 --> 00:01:42,030 | So Admittedly, I have a lot of things going on this weekend. And next weekend that has my mind preoccupied. But I'll tell you about that, as we get through |
| 4 | 00:01:42,030 --> 00:01:50,430 | those. Those weeks, it's nothing bad. It's all good stuff with our family oriented. But that was another reason why I was a little late here. I was |
| 5 | 00:01:50,430 --> 00:02:01,230 | supposed to be at 830 I was tardy by the looks of things. I was about nine minutes or so late. But as you get sometimes, right, when it's free, you got to |
| 6 | 00:02:01,230 --> 00:02:15,420 | be a little bit more flexible. So I have some, some bullet points I want to cover today. And I want to start off with you know, why are you here? Like why |
| 7 | 00:02:15,420 --> 00:02:24,240 | do you come to my Twitter page? Why do you come to my YouTube page? Why do you listen to my lectures? Is it out of just morbid curiosity? Because you've seen |
| 8 | 00:02:24,240 --> 00:02:32,010 | other people talk about me? You want to see okay, is it really the train wreck the car crashed, everybody wants to slop and rubberneck and see hey, look, you |
| 9 | 00:02:32,010 --> 00:02:44,610 | know what's going on? Are there any carnage any kind of blood loss? Chances are, you probably found your way here on those premises in and found out that there's |
| 10 | 00:02:44,610 --> 00:02:56,010 | a little bit more going on than what other people like to say. Or maybe it's because you want to be a part of a community. A like minded hive mentality. |
| 11 | 00:02:57,240 --> 00:03:09,570 | That's kind of like what I'm trying to foster. With this community. I want everyone to come like think, independently and unique within the realm of their |
| 12 | 00:03:09,570 --> 00:03:18,480 | own personal model, and the discovery of that model was found in the mentoring and the lecturing. But these discussions, these things that I do on Twitter |
| 13 | 00:03:18,480 --> 00:03:29,610 | spaces where I'm not monetized, there are no ads playing. You're getting right from the heart rate from the trenches, real world experience into things that |
| 14 | 00:03:29,640 --> 00:03:41,580 | you're going to battle with most. And it's my endeavor to try to pull your attention away from what you think is most paramount, which is the buy and sell, |
| 15 | 00:03:41,670 --> 00:03:53,970 | get me in, get me out. Where do I put my stop loss? What's fair value got values? What order block do I use? Those things are secondary. And it sounds |
| 16 | 00:03:55,290 --> 00:04:09,810 | like that it can't be true, but it is. And I want you to think about how many things I've taught new concepts, new approaches to things that would otherwise |
| 17 | 00:04:09,810 --> 00:04:26,220 | be a hindrance to an average trader. And then thinking about what have you done with it? So there's this, this growing community within this community that |
| 18 | 00:04:26,220 --> 00:04:37,530 | usually breaks off and creates this little smaller factions of little sub communities in your collection of like minded individuals, and I don't have |
| 19 | 00:04:37,530 --> 00:04:49,080 | anything against that. Like I mean, for me to say that would be in opposition to growth and finding your own niche in your own way in this industry. I'm just a |
| 20 | 00:04:49,080 --> 00:05:02,310 | conduit. Okay, if I was a cult leader, in the sense that most people like to say I am. I wouldn't want anybody else to take your attention. Way, and try to teach |
| 21 | 00:05:02,310 --> 00:05:10,320 | you something better. Because if there was something better, I would point to it. But I'm teaching you what I created, these are my concepts, and no one else |
| 22 | 00:05:10,320 --> 00:05:17,010 | is gonna teach it to you better. And when I'm done in November, you're welcome to go and do whatever you want to do. And if you want to start your own little |
| 23 | 00:05:17,010 --> 00:05:31,650 | communities, by all means have at it, I'm certainly not going to try to stand in your way, with the folks that are here to try to learn. What have you done with |
| 24 | 00:05:31,650 --> 00:05:43,380 | it so far? For some of you, it's like the guy you see on the beach with a little metal detector and headphones, he's waving that thing across the beach of sandy |
| 25 | 00:05:43,380 --> 00:05:51,510 | beaches, I watched a couple of these guys doing well, in fact, one of them was actually in the water than Clearwater, Florida, when we were down there. And by |
| 26 | 00:05:51,510 --> 00:06:01,320 | the way, it feels awfully cold in Maryland. Now, after being down there, coming back up here, I love the cold. But today is feels unseasonally cold, which kind |
| 27 | 00:06:01,320 --> 00:06:13,050 | of feels weird this close to June. But some of you feel like you're out there with this metal detector trying to find the last piece of the ICT puzzle. And |
| 28 | 00:06:13,050 --> 00:06:27,570 | we'll talk more about that later in this presentation. But I just want to be a little gentle reminder that what you're here for? What was the original reason |
| 29 | 00:06:27,570 --> 00:06:40,920 | for you to come? To me seeking whatever it is that you saw? What was that driving passion that brought you here? And how have you been distracted? Is it |
| 30 | 00:06:40,920 --> 00:06:52,500 | things at work? Is it things at home, I've read some tweets from individuals saying that their spouse, were not in support of what they're doing. And it |
| 31 | 00:06:52,560 --> 00:07:00,570 | won't matter. If I were to talk to them individually, say, hey, look, I promise you, I'm going to I'm going to get your husband or your wife, your significant |
| 32 | 00:07:00,570 --> 00:07:12,330 | other your partner on the path of profitability scouts on our promise that they won't believe it. And this is kind of like what I was tweeting yesterday. A |
| 33 | 00:07:12,330 --> 00:07:22,230 | couple of the fellows that are out there that are, in my opinion, doing something really cool. I like what they're doing. And I joined their their live |
| 34 | 00:07:22,230 --> 00:07:33,600 | stream on YouTube not share the link prompted me to talk about certain things that I wanted to more or less segue into this weekend somehow, and just be part |
| 35 | 00:07:33,600 --> 00:07:44,490 | of the presentation. But I think it's going to be predominantly 90% of it. And when you first come to someone to learn a skill, whether it be trading, whether |
| 36 | 00:07:44,490 --> 00:07:55,770 | it be a sports event, or something like a golfer wanting to learn how to drive a golf ball better, putt better, or a shooter, okay, you want to learn how to |
| 37 | 00:07:55,860 --> 00:08:09,450 | shoot better. And you come there to that teacher that that person that wants to offer their experience to you. And you come to them many times with these |
| 38 | 00:08:09,450 --> 00:08:22,260 | preconceived notions that you know how you should be taught. So you already have in your mind what it is that this educator should or should not do. And then if |
| 39 | 00:08:22,260 --> 00:08:34,620 | it doesn't meet that expectation that you have, admittedly, you'd have to admit that you're coming to that person, in a state of ignorance. You have no idea |
| 40 | 00:08:34,620 --> 00:08:44,550 | what you're supposed to be doing. But you're holding on to this idea that, you know, you know, how you should be taught. When you don't know the subject |
| 41 | 00:08:44,550 --> 00:08:53,220 | matter. You're the student, you're not even the student, you're just coming there with a spirit of expectation. And some of you come with a spirit of |
| 42 | 00:08:53,220 --> 00:09:03,030 | entitlement, thinking that it's owed to you faster, like somehow that you're supposed to be ushered to the front of the line ahead of everyone else that's |
| 43 | 00:09:03,030 --> 00:09:12,960 | been working very hard diligently to try to learn this skill set. And sometimes because of either cultural barriers or language barriers, I may not be able to |
| 44 | 00:09:14,010 --> 00:09:22,530 | properly articulate what it is that is necessary for you to understand something in that regard. That's what makes me not a good mentor. Okay, and that's why I |
| 45 | 00:09:22,530 --> 00:09:35,820 | say I'm not the best mentor. But the things I'm teaching, I often pray that I find a way to get that message I'm trying to talk about to and through all of |
| 46 | 00:09:35,820 --> 00:09:44,940 | you. And this is probably the best medium to do it. Because you're only going to hear me in my native tongue which is English and sometimes it's not that good. |
| 47 | 00:09:45,360 --> 00:09:56,880 | Sometimes I talk in words that aren't all that refined then sometimes I use colorful words that I'm not proud of, but I'm trying to do my best. Most times, |
| 48 | 00:09:57,150 --> 00:10:12,150 | like I am today I'm trying to be very Balanced, because this is a topic that in my mind, needs to be reminded constantly throughout your progress. And because |
| 49 | 00:10:12,150 --> 00:10:19,590 | there's a new influx of new students coming to me all the time, it's important for you to come in with the right mindset, and not lose sight of what you came |
| 50 | 00:10:19,590 --> 00:10:35,070 | here for. You should be here for one reason only to learn how to make money, that's it. If a secondary supporting reason is that you want to be amongst other |
| 51 | 00:10:35,070 --> 00:10:42,000 | people that are doing what you're doing, and see their growth, see their concerns, see the |
| 52 | 00:10:43,830 --> 00:10:50,910 | the barriers, the speed bumps that they have to go through. So that way remind you that it's not just you that's going through it, it's everyone goes through |
| 53 | 00:10:50,910 --> 00:11:02,010 | the same, I went through it. And most like everything else I've ever taught you, there's going to be this point in which when you're listening to me, or watching |
| 54 | 00:11:02,010 --> 00:11:10,860 | me do executions, or talking about what the markets going to do, you'll have selective hearing, because you're coming to me with your preconceived notions |
| 55 | 00:11:10,860 --> 00:11:20,730 | about what it is that you need. So you think you need to know this or that and then you'll be understanding better when you're sitting down in front of the |
| 56 | 00:11:20,730 --> 00:11:33,030 | charts live. And that is an illusion. I felt that way, as a young man, I felt that, you know, all I had to do is read a few books. And I'd had I'd figured out |
| 57 | 00:11:34,230 --> 00:11:45,570 | not knowing that I was going to be a huge barrier, like you are. And like everybody else that does this, that seven pound universe that's in between your |
| 58 | 00:11:45,570 --> 00:12:03,660 | ears, that brain has a wonderful, I guess, ability to present distractions or reasons not to do certain things or follow rules. And I talked about a mindset |
| 59 | 00:12:04,260 --> 00:12:14,130 | that many people have, but won't admit to it. And the ones that try to resist it, while learning how to trade. They're not going to be successful. And that |
| 60 | 00:12:14,130 --> 00:12:28,800 | trait is needing to be right. I don't open my comments section up in newer videos on my YouTube channel, because it's mostly a sugar fest. Okay. And |
| 61 | 00:12:28,890 --> 00:12:41,370 | honestly, from the outside, if I was looking at my channel, I would swear up and down that those comments, most of them would be fabricated, like created from an |
| 62 | 00:12:41,370 --> 00:12:50,940 | outside third party source that will be making me look like I'm just loved. And while I appreciate that you can you're welcome to do that on Twitter. I mean, |
| 63 | 00:12:51,000 --> 00:12:59,790 | I'm not going to high five, every one of them but with it's meaningful to me and it touches me hearted, but invariably, I'll get the stragglers that come through |
| 64 | 00:12:59,790 --> 00:13:09,480 | my comment section when came through the other day. And his comment was, listen closely, because this is your your five minutes of fame. He says to me, I'm |
| 65 | 00:13:09,480 --> 00:13:22,320 | assuming it's a guy I don't know. He says, I hate your videos. They seem to be only you making yourself sound, right? Well, it's not about being right. But if |
| 66 | 00:13:22,320 --> 00:13:30,180 | I call the market and happens what else you call that? That's accurate, right? And I'm trying the whole premise behind that YouTube channel. And me talking to |
| 67 | 00:13:30,180 --> 00:13:40,230 | you right now is for you to learn how to do this correctly. But your goal is not to be right. Your goal is to be profitable, because you can be incorrect. I've |
| 68 | 00:13:40,230 --> 00:13:51,630 | been incorrect. You watched me do two trades this week. And while they were partial profits taken, the balance was stopped out in the black it means they |
| 69 | 00:13:51,630 --> 00:14:00,630 | didn't get stopped out with a loss. But they were still stopped out. And unless Was I right? No. was the outcome favorable? Yes. In some people's eyes would say |
| 70 | 00:14:00,630 --> 00:14:08,760 | no, you fail because you thought that there was going to go there. But if they would have had that account, and that money transaction was deposit in their |
| 71 | 00:14:08,760 --> 00:14:19,230 | account, they wouldn't look at that as a incorrect execution. They would think that I did something right. Look, I made money. And that's the mindset you need |
| 72 | 00:14:19,230 --> 00:14:35,400 | to be here with. Because in November 2023 I'm gonna turn you loose. And you'll be left to what you have collected in terms of experience, notes, what routine |
| 73 | 00:14:35,400 --> 00:14:54,690 | you've adopted. And you need to be really focusing on how to incur more income. Secondary strain third streams income folks. We are in deep waters, not just in |
| 74 | 00:14:54,690 --> 00:15:10,140 | America, everywhere, so in your heart so Do your due diligence is required in this. And I saw another comment, this guy says, You always talk down to your |
| 75 | 00:15:10,140 --> 00:15:18,030 | students. No, I'm correcting those individuals are out there trying to promote their understanding, which is lacking and trying to create mentorships with |
| 76 | 00:15:18,030 --> 00:15:30,420 | something I just introduced. I just introduced something, and they're out there, whipping up mentorships. That's not the income stream that I was referring to. I |
| 77 | 00:15:30,420 --> 00:15:40,260 | understand that. You know, I'm like the hot topic right now. I will fizzle out. When I stopped putting videos up, and I'm not on Twitter anymore. In November, |
| 78 | 00:15:40,800 --> 00:15:50,670 | it will happen, somebody else will get real hot. And everybody will clamor and follow them. And that's okay. I'm not here for the lifelong worshipping. I don't |
| 79 | 00:15:50,670 --> 00:16:01,650 | want any of that. But I want you to be mindful that when you are training yourself, every day before you sit down and watch a video of mine, or sit down |
| 80 | 00:16:01,650 --> 00:16:13,830 | and listen to these types of discussions, which are all psychological it's the prepare your mind. Okay, it's the prepare you with your mindset about what it is |
| 81 | 00:16:13,830 --> 00:16:22,800 | you're doing. recalibrating yourself, you're not here to make me a celebrity, I don't want to be a celebrity, I don't want to be looked up to in high regard, |
| 82 | 00:16:22,800 --> 00:16:34,740 | like some of you want me to be, I don't want that. You're here to learn how to make money. I have that ability to share with you how to find multiple ways of |
| 83 | 00:16:34,740 --> 00:16:48,090 | doing it in the marketplace. But most of you are trying to do that metal detector guy on the beach, he's looking for someone that lost some coins? Or |
| 84 | 00:16:48,090 --> 00:16:57,540 | maybe they lost their wedding band. And how many times is he really fine, something like that? Probably not all that often. But he knows that what if he |
| 85 | 00:16:57,540 --> 00:17:06,630 | does, it pays for all the times he was out there, plundering around through the sand. But in his mind, he's out there getting some sun, he loves what he's |
| 86 | 00:17:06,630 --> 00:17:19,080 | doing. He has submitted Himself to the process. And if it happens that he finds something, well, that's all the better, but he enjoys doing what he's doing. Do |
| 87 | 00:17:19,080 --> 00:17:32,940 | you enjoy doing this, I saw a tweet this morning from a person saying I hate this by doing this. And I don't know how she quit. The fact that you sat down |
| 88 | 00:17:32,940 --> 00:17:49,920 | and tweeted that you have branded that on your soul. Your very spirit now has that very thing attached to it. And you have no idea is difficulty that you're |
| 89 | 00:17:49,920 --> 00:18:03,030 | going to have to work beyond that. When you vocalize okay because in a tongue, there's power, okay, it's the power of getting life and taking life. Life and |
| 90 | 00:18:03,030 --> 00:18:15,210 | death is in the power of your tongue. I can say to you, you are one of my best students. You are so good at what you've done. You've done so well training and |
| 91 | 00:18:15,210 --> 00:18:24,450 | listening and following all the rules. And if I was to say that to you, you would feel empowered us awesome. I cpwd said that about maintenance is great. I |
| 92 | 00:18:24,450 --> 00:18:36,360 | feel so good. At the war, if I sat down with one of you and said, Look at you, you are a waste of a student. You've done nothing correctly, you've literally |
| 93 | 00:18:36,360 --> 00:18:45,780 | wasted your time. And you don't do anything right. It's all your fault. So be miserable. Stay in that state of mind. I don't, I don't want to waste my time on |
| 94 | 00:18:45,780 --> 00:18:57,990 | you. Wow, nobody wants to hear that. Nobody wants to hear that. I don't talk to my students like that. What I do is I show them what they're doing incorrectly. |
| 95 | 00:18:58,140 --> 00:19:10,200 | So that way they can correct themselves. If you were off course in a ship, one small little degree off early on in your development or your course of |
| 96 | 00:19:10,530 --> 00:19:21,480 | departure, you're leaving your port of departure heading towards some destination. If that ship is off one degree, just one degree over the course of |
| 97 | 00:19:21,480 --> 00:19:31,230 | your entire journey. You will not arrive on time. You might be able to calibrate later on in the middle of the journey when you discover that you're on the wrong |
| 98 | 00:19:31,230 --> 00:19:43,560 | path. But why would you want to do that? Keep your bearings know exactly where you're here, what you're here for why you're here. It's to learn how to make |
| 99 | 00:19:43,560 --> 00:19:56,130 | money. How to read these charts, get that skill set. If you don't focus on that and let that be your number one driving reason for being here. You'll get |
| 100 | 00:19:56,130 --> 00:20:10,110 | distracted with other things. You won't be that diligent without your study, you let the drama, the pain, the discomfort of the process that everybody has to go |
| 101 | 00:20:10,110 --> 00:20:19,470 | through. You want it to be faster. And the more you want it to be faster, quicker for you to understand it, the longer it's going to be. Because you're |
| 102 | 00:20:19,470 --> 00:20:27,570 | wasting time and energy and effort, worrying about how to speed it along, instead of just going through the normal, everyday approach to going through it, |
| 103 | 00:20:28,650 --> 00:20:33,120 | there's only way to go through it is to go forward. That's it. |
| 104 | 00:20:33,660 --> 00:20:41,220 | There's no around shortcut, there's no faster way there's nobody is going to be condensed this so that we understand it correctly, no one thing we can talk |
| 105 | 00:20:41,220 --> 00:20:49,260 | about, that could be an echo, take a small little sampling of something I've said. And it sounds amazing to the first time listener and listener, they'll, |
| 106 | 00:20:49,440 --> 00:20:56,730 | oh, this is awesome. This is great. But I understand that I created it. But it's going to be short in their understanding. And they won't know when the best time |
| 107 | 00:20:56,730 --> 00:21:10,020 | to use that specific tool that approach that mindset. And they leave it to the audience to come with their own result. And they'll pony show that. And they'll |
| 108 | 00:21:10,020 --> 00:21:19,020 | say, look what I'm doing, I'm teaching, I'm making all my students profitable, when the only thing you've done is echoed. And you've done it in an incomplete |
| 109 | 00:21:19,020 --> 00:21:27,090 | manner. That's how I'm talking to my students that are quickly trying to go out there and create a name for themselves as a teacher. If that's what you want to |
| 110 | 00:21:27,090 --> 00:21:38,190 | do, get the experience, learn it properly. You aren't you aren't done learning it. Everything I've taught, I still have things to talk about. None of my |
| 111 | 00:21:38,190 --> 00:21:52,260 | charter members are complete. They may have a model, they may have profitability, they may have no real need to come to me anymore. But if you're |
| 112 | 00:21:52,260 --> 00:22:00,870 | going to weigh out in the balances, do they know everything that I know, or was willing to teach or that I already taught? No, none of them do. Not one of them |
| 113 | 00:22:00,870 --> 00:22:11,010 | do that. Because the ones that are profitable, they found what they were looking for, while going through the process. And none of them have came back to me and |
| 114 | 00:22:11,010 --> 00:22:19,500 | said, what I came to you looking for and had in mind what I was gonna learn. I learned exactly, and it was exactly what I was expecting. They all said, I |
| 115 | 00:22:19,500 --> 00:22:29,760 | didn't even see this coming. And now this is what I trade and I'm completely comfortable. Are you willing to be flexible like that? Because that's what's |
| 116 | 00:22:29,760 --> 00:22:40,770 | required. You have to have that, that flexibility, that ability to adapt. Because again, when you come to someone as a student, or you're not even a |
| 117 | 00:22:40,770 --> 00:22:48,960 | student, yet you come here with the expectation, you're gonna learn how to make money. That's great. Hold on to that. Hold on to that. Because if you don't have |
| 118 | 00:22:48,960 --> 00:23:03,120 | that, you'll quit. Because if you're here to just feel good, like it's some kind of club some kind of a community that just keeps everybody hopped up on |
| 119 | 00:23:03,120 --> 00:23:13,830 | goofballs. Feeling good. And I try to do that, when it's appropriate. When we're expecting certain market mood to happen or a certain level get hit. Now I'll put |
| 120 | 00:23:13,830 --> 00:23:27,510 | some kind of a little bit of a spin on it, whether it be a mean, or some kind of backhanded remark, just to create some emotional response, because that way it |
| 121 | 00:23:27,510 --> 00:23:34,140 | anchors it to you. You'll remember it because of that. Whereas if I just say it's gonna go here, it goes there and I never talk about anymore, just go with |
| 122 | 00:23:34,440 --> 00:23:48,630 | it, you won't see that as something that is a milestone. Which is important to see, marked, logged recorded in a journal. Because you will encounter times when |
| 123 | 00:23:48,630 --> 00:24:03,300 | it feels like you can't do it. It feels like it won't make sense. You can come to me with this spirit of expectation and have the right mindset say okay, I |
| 124 | 00:24:03,300 --> 00:24:13,380 | know nothing, I'm ready to learn. And then what happens is, because I have so many things to teach, I have so many approaches to going into the marketplace |
| 125 | 00:24:13,380 --> 00:24:26,790 | and finding setups. That was my weakness. I was afraid to enter the trades, because I had no real understanding in 1992 what I was doing. So the entirety of |
| 126 | 00:24:26,790 --> 00:24:40,140 | 1993 94. I developed entry models, because that's what I was fearful of. And I believed that I needed to be in every price when every time something happened |
| 127 | 00:24:40,140 --> 00:24:49,470 | the marketplace. I had to know why it did that. And because I'm obsessively compulsive. I poured all my energy and time into an understanding what causes |
| 128 | 00:24:49,470 --> 00:25:02,610 | all these types of movements. And that's how I have 81 entry models. Do you need 81 of them? No. I didn't set out to have At one, I didn't set out to have a |
| 129 | 00:25:02,610 --> 00:25:11,220 | specific number I just, this was the outcome. When I had to interview with corbs. You know, he's like you've authored and create a lot of different |
| 130 | 00:25:11,250 --> 00:25:20,100 | approaches and things in the industry that now people are using. How many of you have and I wish, I wish I wouldn't have said the number. Because now what |
| 131 | 00:25:20,100 --> 00:25:26,730 | happens is, everybody assumes that I'm going to teach all 81 of them, I'm not. And if you're thinking, I'm going to put them into books, and that's a reason |
| 132 | 00:25:26,730 --> 00:25:34,800 | why I'm going to buy the books, don't buy the books. Okay, I don't want you thinking that I'm going to talk all that stuff. And in three books, I'm not. |
| 133 | 00:25:35,700 --> 00:25:48,960 | I'll talk about a few ones that have even taught my private mentorship group. Because I want to leave an impression. I want my fingerprints known. So that |
| 134 | 00:25:48,960 --> 00:26:00,450 | way, you'll look back through history. And you'll see more of that. I haven't just been inner circle trader. That's just the longest running name I've used on |
| 135 | 00:26:00,450 --> 00:26:16,950 | internet. Admittedly, it's the most well recognized. But I want to put it down in November, I don't want to be ICT anymore. I just want to be Michael. And when |
| 136 | 00:26:16,950 --> 00:26:28,710 | I leave in November, I want you to feel empowered, not feel like I'm disconnected. And I want you to know that everything I've taught thus far is |
| 137 | 00:26:28,710 --> 00:26:40,230 | more than enough. What have you done with it? See, when you when you come to me, and you want to learn, and you're in the right mindset, and you start learning |
| 138 | 00:26:40,230 --> 00:26:50,700 | new things, and new concepts and approaches and things that help fortify your understanding of price action. You get addicted to that. And I do my best to |
| 139 | 00:26:50,700 --> 00:27:00,810 | make it sticky. So that way, you want to come back, because it's easy to talk yourself out of it in the beginning. It's easy, it's easy to say is this too |
| 140 | 00:27:00,810 --> 00:27:09,330 | hard. It's really too hard, too much effort. You know, why bother? Let me find someone that gives out signals instead of the gentleman that tweeted to me, do I |
| 141 | 00:27:09,960 --> 00:27:18,690 | get that signals, I wasn't making fun of you, I was just retweeting your tweet. Because I knew the community would come along and say, there's no better signal |
| 142 | 00:27:18,690 --> 00:27:25,800 | than the one that you're gonna find on your own. And I'm teaching how to do that. So when I do that, folks, it's not the tweet of shame. I'm not trying to |
| 143 | 00:27:26,100 --> 00:27:35,190 | that throw somebody out there. And in the fields that we there, Wolf packed and torn to shreds. So if you are mean spirited, don't do that. That's not what I'm |
| 144 | 00:27:35,190 --> 00:27:44,160 | doing it for. It's just to encourage them. So that way, they can see that when they're part of this community with the proper mindset. You won't need signals. |
| 145 | 00:27:45,240 --> 00:27:54,480 | But I'm aware, as a mentor, I'm a realist, there's going to be people that come to me with all the right intentions, even with the proper mindset, I will fail |
| 146 | 00:27:54,480 --> 00:28:07,140 | them as a mentor because of something I can't do. And I'm a human, I can't meet every expectation of every student that comes to me. I understand that. And I |
| 147 | 00:28:07,140 --> 00:28:21,210 | wish that I could get that reach, to be able to get that person that I can't fully communicate, they understand that they're lacking. But I'm, I'm a realist, |
| 148 | 00:28:21,210 --> 00:28:36,000 | I know that I'm going to fail. Some of you. In that regard. I will. But it doesn't canceled the responsibility you have. You have to make a real conscious |
| 149 | 00:28:36,000 --> 00:28:49,170 | effort to do this. And stay motivated. And the way you stay motivated is, why are you doing it? Why are you here? Are you here? Because you've seen no |
| 150 | 00:28:49,170 --> 00:28:58,320 | evidence that these things work. Or you've seen evidence that other people have you use the content and they're making real money. Chances are, that's probably |
| 151 | 00:28:58,320 --> 00:29:06,570 | what's happening. I think I'm seeing the biggest growth because of that very thing. People are making money. They're attributing it to what they learned from |
| 152 | 00:29:06,570 --> 00:29:14,340 | me, and I'm so thankful, appreciative that it's all they're asked for. Because when they come here and they hear me, they can you hear me say these words, I |
| 153 | 00:29:14,340 --> 00:29:27,090 | have been blessed. Whether you choose to believe in God or not. I know he exists. And you learned what he gave me. And I'm a firm believer, because I'm |
| 154 | 00:29:27,090 --> 00:29:37,110 | cheerfully giving it to you. He continuously blesses me, not only in this, but he blesses my life and other things as well. You don't have to go to church |
| 155 | 00:29:37,110 --> 00:29:47,130 | because you came to me as a student. I'm not saying that at all. But I want the opportunity for him to receive all the glory, all the praise, all the attention. |
| 156 | 00:29:47,160 --> 00:29:57,090 | I don't want that. If I wanted it, I'd stay around. I'm at the height. Folks. If you think this is all about beating my chest and bragging This is not bragging. |
| 157 | 00:29:57,270 --> 00:30:10,560 | Think listen to what I'm about to say. I'm in The biggest I've ever been. And I'm sure I'll probably have more following come November, and I'm leaving. I'm |
| 158 | 00:30:10,560 --> 00:30:20,130 | canceling everything everybody's ever said about me. I'm not what everyone that doesn't like me or wants to tear me down. I'm not like that. I've never been |
| 159 | 00:30:20,130 --> 00:30:28,650 | that way. I actively do things even in my personal time, when I first wake up in the morning, all of you are my first thoughts. |
| 160 | 00:30:30,210 --> 00:30:41,340 | Every single one of you, whether you're my private students, or my public students, you're my first thought, even before my own children. My passion is in |
| 161 | 00:30:41,340 --> 00:30:50,820 | helping other people, my children are in my head in my care, they're in my hands. I'm not worrying about them. But I'm worried about you, the person that |
| 162 | 00:30:50,820 --> 00:30:57,510 | watches a video and thinks you understand everything, because you watch the video at two times the speed, without even taking notes and ticking, I'm gonna |
| 163 | 00:30:57,510 --> 00:31:08,400 | go out there and do it with my Live account. I don't want you to do that. I want you to learn it properly, I want you to be absolutely bored to death, that you |
| 164 | 00:31:08,400 --> 00:31:16,950 | know exactly what you're doing. That's how you know you're ready to trade. That's how you know, it's good for you to go out there and try to get those |
| 165 | 00:31:16,950 --> 00:31:28,560 | funded accounts, it's good for you to then consider trading with real money, because you know, that you're not all hopped up. You're not excited about making |
| 166 | 00:31:28,560 --> 00:31:41,970 | the money. You're just while I'm ready. I'm not scared. I'm not terribly excited. I'm gonna be overconfident, I just this is the rule based idea I'm |
| 167 | 00:31:41,970 --> 00:31:50,130 | following. It seems to work a lot. It fails sometimes, but I'm able to come back from that. It doesn't knock the legs out from underneath me. It just means I |
| 168 | 00:31:50,130 --> 00:31:59,280 | took a loss. And then I have to keep doing what I'm supposed to be doing. Keep the losses minimized. And let money management and trade management in the model |
| 169 | 00:31:59,280 --> 00:32:12,960 | I follow dictate the outcome. And don't put time limits on your success. I have to be this by that. No, you don't trust me, that date on the calendar that time |
| 170 | 00:32:13,140 --> 00:32:24,780 | will come and you'll still be here breathing, the things around, you will still be the way they are. Even if you don't get there because that was a goal you |
| 171 | 00:32:24,780 --> 00:32:41,550 | set. goals have to be flexible. They're time based, yes. But they're not in stone. They're just coordinates. I'm aiming for this destination. Well, your |
| 172 | 00:32:41,550 --> 00:32:52,590 | destination should be excellence. That's it. You should always be aiming for excellence. And you're gonna find that you don't have to calibrate yourself |
| 173 | 00:32:52,770 --> 00:33:02,580 | throughout the progress and process of getting to that destination, you're not going to get there overnight. Nobody Believe me, man. If there was somebody on |
| 174 | 00:33:02,580 --> 00:33:12,270 | this planet that was going to be able to do it overnight, I swear to God, I believe I was going to be it. Look at the level of accuracy that my skill set |
| 175 | 00:33:12,540 --> 00:33:22,410 | and concepts have given to other people and what I'm able to showcase before it happens I explained to you what's gonna happen. And I still still can't be what |
| 176 | 00:33:22,410 --> 00:33:34,680 | I thought I was going to be. When I first started. When I first started to really understand what I had in my hands because me as a human being, I wrestle |
| 177 | 00:33:34,680 --> 00:33:45,720 | with this, I was gonna reply this phone. This not none of us a guy or girl now, think about it. But one of the guys follow me on Twitter. They mentioned like, |
| 178 | 00:33:45,720 --> 00:33:58,950 | you know, how do you overcome when you don't do it, right. If you lose money, like how do you keep pressing forward? Well, it gets back to what you're doing. |
| 179 | 00:34:00,090 --> 00:34:14,070 | While you're doing it. See, I've worked a lot of stupid jobs. And while you're driving down to Florida, ask my wife I said, when you were younger, you how many |
| 180 | 00:34:14,070 --> 00:34:26,610 | jobs have you had? And she's like, I don't know. And we've sat there and thought about thought about and her list was really, really short. I had like 27 jobs. |
| 181 | 00:34:28,470 --> 00:34:40,050 | 27 jobs as a young man. I've bounced around like now, some of them are like one or two days. But I was there right. I was there. I did the job. And I said The |
| 182 | 00:34:40,050 --> 00:34:51,840 | hell with this. I ain't doing this. As soon as I got under the pressure of someone I knew was an idiot that did not know what they're doing. I couldn't be |
| 183 | 00:34:51,840 --> 00:34:58,590 | under them. I was like, you know, I can't this this person has no idea what they're doing. They don't know how to manage people they don't even know their |
| 184 | 00:34:58,590 --> 00:35:06,480 | own job and If you're going to sign on to a job, and they're not going to properly train you, what does that mean? You're gonna be stressed out. And |
| 185 | 00:35:06,480 --> 00:35:14,070 | chances are, they're probably going to get rid of you anyway because you aren't able to do the job that they can't train you to do properly anyway. So, see you. |
| 186 | 00:35:15,420 --> 00:35:29,340 | Well, in this endeavor, I tried to be the best manager. If you were to come to me, as a student, I look at you as a college student, I'm the college itself and |
| 187 | 00:35:29,340 --> 00:35:40,620 | the college professor. I'm the teacher. Okay, so I'm trying to fill all those seats, wear all those hats, and I'm trying to be as personable as I possibly |
| 188 | 00:35:40,620 --> 00:35:49,620 | can. I am giving you more time than any other person out there, whether they charge money or do it for free. Nobody is investing more into you than I am. |
| 189 | 00:35:50,550 --> 00:36:03,240 | Nobody is. I'm doing it more than you are. I believe in you more than you do. I know what you're doing incorrectly. And I know how to overcome that. But whether |
| 190 | 00:36:03,240 --> 00:36:11,520 | you're willing to listen to that good advice or not, remains to be seen. And I have students that don't want to listen. And they stay exactly where they |
| 191 | 00:36:11,520 --> 00:36:22,950 | started when he first came here. And some of them get bent out of shape. And they blame their failure on me. And it's not accurate. You're just doing things |
| 192 | 00:36:22,950 --> 00:36:40,950 | incorrectly or not doing the things I'm told you to do. Or doing it long enough. It took me six years. Six years, folks, what if I would have said, Alright, |
| 193 | 00:36:40,950 --> 00:36:48,780 | guys, my name is Michael Huddleston. I know how to trade these markets. I'm going to show you what to do. I'm going to prove it beforehand. And I'll show |
| 194 | 00:36:48,780 --> 00:36:54,810 | you what is going to do Bada bing, bada boom. And as I said, at the end of 30 days of calling every single day correctly, and it did exactly what I was |
| 195 | 00:36:54,810 --> 00:37:06,900 | selected to do. Say, Okay, now who wants to sign up? To learn how to do this, it's going to take you six years. Right away, I got things to do. I got sorry, |
| 196 | 00:37:06,900 --> 00:37:20,550 | there's a guy over on YouTube is doing something in discord for 30 hours a month, I'm gonna go there. Now. So the way I teach, is I lay bread crumbs down, |
| 197 | 00:37:21,360 --> 00:37:30,420 | I gave you what I think is going to happen in the future. So I, I predict the future, using tools and concepts that I've already taught. So that way, you can |
| 198 | 00:37:30,420 --> 00:37:42,360 | see, does this resonate with you? Do you like the feeling of seeing us as a community, look for the market to do a specific thing. And then when it comes to |
| 199 | 00:37:42,360 --> 00:37:57,690 | pass? How do you feel? Do you feel empowered? Do you feel like it's just luck? Do you feel like it is just another day at the job? It should be that just |
| 200 | 00:37:57,690 --> 00:38:10,260 | another day at the job. When you go to work this coming week for those of you have jobs do you feel like you need to go home and tell your friends and co |
| 201 | 00:38:10,260 --> 00:38:22,770 | workers that you meet outside the workplace? Or go online and say I had the most amazing day at work. You have no idea I processed so many accounts. today. I was |
| 202 | 00:38:22,890 --> 00:38:30,960 | ahead of everybody else looking at look how many accounts I processed today. And I only lost one customer but I got it back because I picked up a new customer |
| 203 | 00:38:30,960 --> 00:38:40,230 | over here. That's the same thing what everybody wants to do in trading. They want to go do their trades. Go on social media and say Look Look at this trade I |
| 204 | 00:38:40,230 --> 00:38:48,330 | did over here. I mean this many pips I made this many handles this many points. Yeah, I got I got stopped out over here but I got it back. Have you correct him |
| 205 | 00:38:48,330 --> 00:39:00,210 | on drawdown? Look at this. That's not the right mindset. You don't do your job. Why? Because nobody gives a fuck. Nobody cares. Nobody cares what you did to |
| 206 | 00:39:00,210 --> 00:39:11,790 | earn your paycheck. They don't care. They only care what you drive where you sleep, how you spend your money, what you dress like because they want the |
| 207 | 00:39:11,850 --> 00:39:20,700 | content where they are in the skin they're in right now. They want to live a different life. So that's what everybody is pursuing. So that's the influence. |
| 208 | 00:39:21,210 --> 00:39:34,680 | Okay, the influencer that that factor. I have influencer factor within my name my brand who I am. I'm not promoting fast cars, fast life, everything else. I |
| 209 | 00:39:34,680 --> 00:39:42,870 | have lots of nice things. I have lots of money. I have lots of everything. I have freedom, all that business. I'm teaching you not to look at that stuff. |
| 210 | 00:39:43,170 --> 00:40:05,040 | Don't care about that stuff. Because that is you short term gratification. That's it short term gratification. That stuff doesn't make me happy. Doing this |
| 211 | 00:40:05,310 --> 00:40:19,770 | helping all of you. I love that I have 100,000 on our cars that sit most of the time. Most of you say, Well, if I had a car like that I'd be driving I would |
| 212 | 00:40:20,850 --> 00:40:31,530 | not, if you were doing what we're doing, you're gonna be doing this, you're gonna be looking for new, new things to explore new experiences, not collecting |
| 213 | 00:40:31,530 --> 00:40:46,380 | things, collecting things, is a waste. It's more things to worry about. Think about it. Having a nice car. I don't ever like getting out of it and leaving it |
| 214 | 00:40:46,380 --> 00:41:00,420 | anywhere. Because people are just jerks. I've had my cars keyed up. And I was parked away from everybody else. So you can't have nice things and not worry |
| 215 | 00:41:00,420 --> 00:41:08,760 | about them. And just because you can afford to replace them doesn't change the fact that you just don't want tore up. So when you come here, you shouldn't be |
| 216 | 00:41:08,760 --> 00:41:16,860 | looking at me as a conduit to get you to that lifestyle. So you can go out there and influence like that, because that's the most repulsive thing. I can't stand |
| 217 | 00:41:16,860 --> 00:41:25,170 | it. I've never been like that. Look at my cars, look at my house, look around going on vacation. Look what I'm wearing, look how much money I've wasted on |
| 218 | 00:41:25,170 --> 00:41:37,710 | watches for going into a Rolex store, then buying a knockoff. And saying, here's, here's a Rolex I thought you didn't buy real Rolex. And by the way, |
| 219 | 00:41:37,710 --> 00:41:55,410 | Rolex sucks. Sorry, for your feelings, but they are garbage. Patek Phillipe, that's a patch. But I digress. When you come as a student, you fall sometimes |
| 220 | 00:41:55,410 --> 00:42:10,980 | into a trap of ever learning but never coming to your own model. And you're much like my daughter, my daughter, God bless her. She is a constant drain from my |
| 221 | 00:42:10,980 --> 00:42:20,610 | bank account. And I understand that, yeah, take care your kids, I understand that, okay, but she's coming up on 30 years old. And she's the oldest of all my |
| 222 | 00:42:20,610 --> 00:42:43,890 | children. She's not biologically mine. But she has. I'm convinced this fear of failing what she set out to do. And to combat that, she has become an there's a |
| 223 | 00:42:43,890 --> 00:42:54,750 | point. And that's it. Don't don't lose sight or get bored by this because it's pertains to you. But because she's afraid to lose and fail. The things that she |
| 224 | 00:42:54,750 --> 00:43:05,100 | went to college for originally, she no longer pursued, it was always a constant changing in her major. So the only thing she's really obtained in all the years |
| 225 | 00:43:05,100 --> 00:43:16,200 | since high school is new, new classes and credits that are no longer going towards her original goal, which was to be a teacher. That's what she wanted to |
| 226 | 00:43:16,200 --> 00:43:29,760 | do. And we were all behind her again, it's great to do it. And when she got into college, against my advice, I told her not to do it. And some of the things that |
| 227 | 00:43:29,760 --> 00:43:40,830 | I saw in her as a child and an early teen, I was corrected, she's very indecisive, and she doesn't want to fail. Well, that's kind of like everybody |
| 228 | 00:43:40,830 --> 00:43:50,160 | when you're a teenager. But many of you probably still have those traits right now as a fledgling student in learning how to trade. And what will happen is, is |
| 229 | 00:43:50,160 --> 00:44:02,850 | what she's found herself in, she's constantly learning something new. Now, from her perspective, if you listen to her, she'll say, I'm doing this because I feel |
| 230 | 00:44:02,850 --> 00:44:09,810 | like this is where I should go, I should do this. But it's always changing every every three months. He's changing course and changing direction. Now imagine if |
| 231 | 00:44:09,810 --> 00:44:17,340 | you got on a cruise ship, and you're supposed to go from the coast of California, to Hawaii, like I'm hoping to do in the spring of next year. But |
| 232 | 00:44:17,340 --> 00:44:25,980 | there's always this change, of course, and you never really get there. You know, you're gonna be happy about that. No. You want to get to a specific destination, |
| 233 | 00:44:26,310 --> 00:44:35,340 | and our expectations and her as parents. We're scratching our head thinking like What the hell's going on here. But you've been in college college college costs, |
| 234 | 00:44:35,340 --> 00:44:44,460 | and you haven't even got your four year degree yet. You got an Associate's, but then you keep changing your major. And this is my opinion. And I've only made |
| 235 | 00:44:44,460 --> 00:44:53,010 | this known to you now at this time, and my wife knows about it, but I wouldn't sit down with her and tell her this because the times I tried to do it, it just |
| 236 | 00:44:53,010 --> 00:45:00,960 | she clammed up and got mad and resentful towards me and that just don't want to be a discouragement to her. So it's her life. You know, let her a little bit |
| 237 | 00:45:00,960 --> 00:45:12,810 | longer she wants to live it, but from an outside perspective and also being her father, I'm thinking that she is providing a perfect excuse why she never has to |
| 238 | 00:45:14,160 --> 00:45:27,480 | experience potential failure. I think she knows her heart of hearts. She's not equipped to be a teacher, I don't believe she is. She doesn't want children. So |
| 239 | 00:45:27,480 --> 00:45:36,240 | how can you possibly be a good teacher? If you are opposed to having children, but you will never have children? We will never be grandparents because of her. |
| 240 | 00:45:37,560 --> 00:45:46,110 | So how does that relate to you as a trader? And what does that even mean to you why you listen to this? When you come to me, and you see all these videos, and |
| 241 | 00:45:46,110 --> 00:45:54,600 | always something new coming from ICT, the people that don't like me or have a competitive mindset, or they have something they're selling themselves? See, I'm |
| 242 | 00:45:54,600 --> 00:46:03,570 | constantly giving out fresh, new ideas. They have one trick pony stuff, usually retail garbage, okay. And this is the stuff when I start talking like this, it |
| 243 | 00:46:03,570 --> 00:46:09,690 | gets them all pissed off, and you want to make videos about me talk about me, do tweets, take things and they go on podcasts and interviews and he talks about |
| 244 | 00:46:09,690 --> 00:46:20,100 | me. I'm not talking about these Yahoo's these losers, okay, but they're all they all have my name and their mail. They're only doing that because I'm crushing |
| 245 | 00:46:20,100 --> 00:46:30,210 | them. I'm literally beating the fuck out of their sales. Because when people come here, they realize why am I wasting my money buying this stuff? And why am |
| 246 | 00:46:30,210 --> 00:46:35,850 | I worried about trying to get their opinion on this guy, but here's calling it before it happens and doing it on Twitter, right here before and here it is, |
| 247 | 00:46:35,880 --> 00:46:43,950 | it's on YouTube, he's doing videos the same as that where it's going to go, it's going, Who are you going to spend money on. When you see somebody doing that, |
| 248 | 00:46:44,190 --> 00:46:50,820 | and then teaches you how to do that, of course, they're gonna be mad, you're gonna hate me, they're gonna hate my acid and make up champagne and true about |
| 249 | 00:46:50,820 --> 00:47:04,200 | me, because they want you to not spend a time here. Because if you spend time with me, you're going to learn how to do this. But some of you, some of you will |
| 250 | 00:47:04,200 --> 00:47:19,080 | get caught up in this trap of constantly learning. Because you're afraid to sit down with one model. One model, follow the rules, stick to that process, and let |
| 251 | 00:47:19,080 --> 00:47:29,640 | it yield, whatever experience is intended for you. And then you have a baseline. That's why I could literally give out a model every single day. And some of you |
| 252 | 00:47:29,640 --> 00:47:38,070 | want me to do that. But the only thing that's going to do is, is click a dog and a meat market, you ain't gonna know what to do, you're gonna run around, just |
| 253 | 00:47:38,130 --> 00:47:48,630 | chase everything. Instead, simply sit down. So you know what, I'll just have a full length, thank you. And I've done that with the 2020 model. I've done that |
| 254 | 00:47:48,660 --> 00:47:58,770 | just recently with the silver bullet model. You don't have to have anything, I have lots more coming. But you don't have to have anything else. The optimal |
| 255 | 00:47:58,770 --> 00:48:14,130 | trade entry was enough ote pattern, the flagship that was on my YouTube channel. That's enough. The 21 Two model. That's enough. You can use it in every session, |
| 256 | 00:48:14,340 --> 00:48:24,600 | London, New York. pm session in New York. You can use it in London clothes, you can trade it in forex, you can trade it in futures, you can trade it in crypto, |
| 257 | 00:48:24,600 --> 00:48:35,520 | you can trade it and whatever the fuck you want to trade it in, it works. There's no excuse, you have zero excuse not to have some baseline by now. You |
| 258 | 00:48:35,520 --> 00:48:42,480 | should have some kind of experience we have. So you know what this shit works. And I have to work on refining it. But I know it works. Because I've seen it in |
| 259 | 00:48:42,480 --> 00:48:48,780 | back testing, looking at where it has done this in the past, I tell you what time to look for these things to form. That way, you're not just going around |
| 260 | 00:48:48,780 --> 00:48:57,900 | and looking at charts blindly go right to the specific times of the day. That's where it's going to form. For those people that go back in their old data and |
| 261 | 00:48:57,900 --> 00:49:06,840 | their old charts, and they study that they see it. They don't need me to do 50 examples of that they don't even see me do it live 50 times a week. They are |
| 262 | 00:49:06,870 --> 00:49:17,370 | they're sold on the idea, okay, there's something here. It's it merits more investigation. Because I see the evidence of this thing occurring. It's not |
| 263 | 00:49:17,370 --> 00:49:27,180 | contrived. It's not conjecture. It's not made up. It's not fabricated. It's really happening every day. And once you see that, you don't need to have |
| 264 | 00:49:27,180 --> 00:49:36,330 | anybody else to cheerlead for you you know, okay, there's something here, I'm gonna mind that. So I give you just a few models. So that way you go in and you |
| 265 | 00:49:36,330 --> 00:49:46,440 | now start working on the skill sets that are required. Not veering off course. You hopping from one PD array, one approach Fairbury get inversion berry |
| 266 | 00:49:47,100 --> 00:50:01,110 | breakers, you know, market maker models buy sell. There's 1000 things out there that I teach. Every individual one of them is a model Every single one of them |
| 267 | 00:50:01,260 --> 00:50:14,100 | isn't an individual model. But I give you like, is, this is the best way to learn. I'm allowing you to pick your weapon. I've opened my arsenal doors. So |
| 268 | 00:50:14,100 --> 00:50:19,530 | here it is. Look what I have here. Pick your weapon. |
| 269 | 00:50:21,060 --> 00:50:31,890 | But nothing changes when it comes to time. Time of day, these things occur at specific times, certain days of the week, certain weeks of the month, certain |
| 270 | 00:50:31,890 --> 00:50:48,840 | months of the year. I'm allowing you to bring your personality, your personal influence, because you're the You're the problem. And you're the last puzzle |
| 271 | 00:50:48,840 --> 00:50:56,340 | piece. See some of you're sitting around here, you're writing diligent notes, you're doing this, you're doing that. And it's wonderful. But you're all waiting |
| 272 | 00:50:56,340 --> 00:51:09,810 | for that last penny to drop. The last ICT puzzle piece, and then it's all kind of come together. It's all going to be crystal clear once he tells me this one |
| 273 | 00:51:09,810 --> 00:51:27,240 | beat the 81 PD earase that that the AB one final last one. That's That's it. That's it. That's the Holy Grail? No, it's not. If you walked over to your |
| 274 | 00:51:27,240 --> 00:51:38,700 | mirror, right now, if you're driving, look in your rearview mirror, just look at yourself real quick, not too long you're driving. That's the final puzzle piece. |
| 275 | 00:51:40,380 --> 00:51:51,420 | It's always been you. You're the reason why you succeed. And you're the reason why you haven't succeeded yet. And ultimately, you and you will under the only |
| 276 | 00:51:51,420 --> 00:52:02,820 | reason why you're going to fail. That's not me talking down to you. That's me telling you the way it is. That's just the way it is. If you don't have a |
| 277 | 00:52:02,820 --> 00:52:12,780 | baseline, which is what the 2022 model will give you that silver bullet and the optimal trade entry, if you don't have a baseline experience, going through the |
| 278 | 00:52:12,780 --> 00:52:21,300 | motions of okay, this is the time of day that markets should do these specific things. Well, what's that mean? One creates usually the high or low today. New |
| 279 | 00:52:21,300 --> 00:52:29,670 | York is usually a continuation unless London was a consolidation didn't do much. Then the reversal or higher though that they will form in New York. Oh, there |
| 280 | 00:52:29,670 --> 00:52:35,640 | you go. There's one of the little things that always tuck in when people are usually getting tired and bored and turn the video off and turn a presentation |
| 281 | 00:52:35,640 --> 00:52:50,040 | on. They don't get that. But that is the way it works. linen clothes are the end of the session is usually for forex, the higher low of the day. The opposing |
| 282 | 00:52:50,040 --> 00:53:01,350 | higher load. That's why I'm a fan of trading Forex past one o'clock in New York local time. Does that mean no trading after that? No, it just means focus on NX |
| 283 | 00:53:01,350 --> 00:53:14,790 | features. But like my daughter, she is a professional student because she feels safe. As a professional student. Are you a professional ICT student? Because if |
| 284 | 00:53:14,790 --> 00:53:29,940 | you are you're not going to succeed I'll say it again. Are you coming to me for a constant dose of something new but have done nothing with what I've already |
| 285 | 00:53:29,940 --> 00:53:43,590 | given you? Then you're a professional student, and they don't pay professional students, you always have to pay out of pocket. Are you a professional |
| 286 | 00:53:43,590 --> 00:53:53,310 | procrastinator, because that's the equivalent, you keep procrastinating you have to put the sleeves up. You have to sit down, turn off all the distractions, |
| 287 | 00:53:53,640 --> 00:54:05,640 | social media, sports, weekend living all that stuff. There's plenty of time to do that later. And you can be at affording it better than right now. You don't |
| 288 | 00:54:05,640 --> 00:54:14,400 | have time for that. You can't afford it. You have to be putting all your effort and attention into this because what's coming folks is a shitstorm that nobody's |
| 289 | 00:54:14,400 --> 00:54:28,590 | ever seen before. It's gonna ramp up real fast. And things that you have grown accustomed to and things are always gonna be like this. It won't be and things |
| 290 | 00:54:28,590 --> 00:54:43,920 | are gonna get really expensive, harder to get. So you want to be able to have a secondary income, a third income, a means of mitigating any potential loss of |
| 291 | 00:54:43,920 --> 00:54:54,270 | job if stops didn't Sweden they just lost their job. They were either made redundant or just knew the company said that you're done. Imagine that. The |
| 292 | 00:54:54,270 --> 00:55:10,290 | children in a mortgage right now. What a shrinking job market That's scary. I'm not, I'm not too well off and not understanding and respect the fact that if I |
| 293 | 00:55:10,290 --> 00:55:20,280 | was in that situation, I would be scared. And I tell my wife all the time, I'm like, I don't know how average people are affording things right now. Like, it's |
| 294 | 00:55:20,280 --> 00:55:37,470 | expensive. We spent like 3700 hours, just for three days down in Clearwater. We stayed at the Hyatt Regency. And, you know, was it worth all that? No, she had |
| 295 | 00:55:37,470 --> 00:55:51,660 | fun, I preferred Panama City Beach, they have better beaches. But the amount of money I spent, like I could have paid for a whole year's worth of groceries, non |
| 296 | 00:55:51,690 --> 00:56:03,030 | perishable food. And driving back to what I said, it feels like a waste. Like, it felt like there was a complete waste. Being there, you know, I wish the |
| 297 | 00:56:03,030 --> 00:56:16,470 | witness did as much time there. And for the folks in Florida, as dropped us in here to the tinfoil. I told you last year that and for the folks have been |
| 298 | 00:56:16,470 --> 00:56:25,230 | around me longer, you're gonna see stuff taken off in Florida and Texas, because they're going to punish those states. They don't want people going down there. |
| 299 | 00:56:26,070 --> 00:56:33,480 | Everybody thought, we're going to run away from all the things that's going on, we're gonna go down to Texas, or go down to Florida, Mariah escape all those |
| 300 | 00:56:33,720 --> 00:56:50,040 | demonic demons that we call Democrats, you just ran right into the fire jumped out of the frying pan right into fire. So where's all your construction workers |
| 301 | 00:56:50,040 --> 00:56:59,760 | right now, in Florida. Look at those housing communities that are being developed, who's putting them together right now? Probably real quiet near right |
| 302 | 00:56:59,760 --> 00:57:14,130 | now. Disney's leaving all that stuff that was happening in Texas. And you couldn't give me a house down there. No way. It could be extravagant, I wouldn't |
| 303 | 00:57:14,130 --> 00:57:27,120 | live there. And it's going to get worse down here. And they're going to allow more of it. The people that are in power are placed there. Even when the ones |
| 304 | 00:57:27,120 --> 00:57:39,810 | you think you can trust, they're all part of it. And it's gonna get worse. And because I'm vocalizing my thoughts about this stuff, this is why it doesn't |
| 305 | 00:57:39,810 --> 00:57:50,550 | appear on my YouTube channel. Because they would take the channel down. I do it here. And I know, people take it and put it up on their YouTube channel. But |
| 306 | 00:57:50,580 --> 00:57:59,730 | understand, these are the parts, these parts, you'll probably lose your monetization because you're monetizing these Twitter spaces. And I never said |
| 307 | 00:57:59,730 --> 00:58:07,920 | you couldn't do it. I don't care if you're doing it, I don't care. I don't care if there's no movie doing it. But just be mindful, because of the things I'm |
| 308 | 00:58:07,920 --> 00:58:16,470 | talking about when I'm talking about like this, you could possibly lose the monetization because I have friends that run channels that are outside the scope |
| 309 | 00:58:16,500 --> 00:58:25,260 | of trading. So they're not like, they're not traitors, there's people that do certain things. And when YouTube and they talked about this stuff, and they lost |
| 310 | 00:58:25,260 --> 00:58:33,060 | your channel. And that's the reason why I don't do the tinfoil hat discussions on my YouTube channel. It's not it's not the purpose of that channel, do that. |
| 311 | 00:58:33,900 --> 00:58:42,660 | But over here, I don't care if they turn off Twitter, click here to close this account. I don't care if they take my SoundCloud, I don't care. But if I lose |
| 312 | 00:58:42,660 --> 00:58:53,610 | the voice I have in the trading community by having this type of discussion in my YouTube videos or the place in one of those videos that will get under my |
| 313 | 00:58:53,610 --> 00:59:03,390 | skin. Because I have put a lot of work and effort and time in those videos. And I did it with the kindness of my heart to say, look, this is my my gift to the |
| 314 | 00:59:03,390 --> 00:59:15,210 | community as a trader and mentor, human. I want it to be received and appreciated. And that's the reason why not do those discussions over there. |
| 315 | 00:59:15,210 --> 00:59:26,130 | Because you trust me, trust me when I tell you, okay, there are lots of channels out there, that's going to get wasted here shown real real soon. The Ministry of |
| 316 | 00:59:26,130 --> 00:59:35,580 | Truth is going to be established here just like it is in other places. And don't take my word for it. Just sit back and watch what happens. And that's going to |
| 317 | 00:59:35,580 --> 00:59:45,540 | cause stress and anxiety. The fact that things are gonna be so hard to afford. There's going to be stress and anxiety for everyone. I got lots of money. I'm |
| 318 | 00:59:45,540 --> 00:59:59,880 | still bitching about how much things cost because it's astronomical right now. It's ridiculous what things are costing if you don't have a sound, baseline and |
| 319 | 00:59:59,880 --> 01:00:11,190 | I'm model that you've grown to trust? How do you think you're going to be able to trade when it gets hard? What have you done the last six weeks? I've been on |
| 320 | 01:00:11,190 --> 01:00:13,290 | vacation because I knew the market was gonna perform for me. |
| 321 | 01:00:15,360 --> 01:00:24,990 | This is what I teach my students and charter members, you're listening? Did I not talk about this? In our daily discussions? If it ain't right? Leroy, do |
| 322 | 01:00:24,990 --> 01:00:38,490 | something else unplug? So I did. I took myself away. Because invariably, if I stay on social media, I'll see somebody say something. It'll spark my engines. |
| 323 | 01:00:39,450 --> 01:00:46,950 | See someone talk about this is the best way to trade. And it's nonsense. And I'll feel like I have to say something in regards to that. And I'll go in doing |
| 324 | 01:00:46,950 --> 01:00:58,170 | something that I'm teaching the opposite. So because I've told you that risks were high, the Mark was likely to consolidate, sit back and wait. And I had |
| 325 | 01:00:58,200 --> 01:01:07,890 | another guy. On my comment section, I can see every comment is made on the videos, but I'm not authorizing any of them because too much to babysit had a |
| 326 | 01:01:07,890 --> 01:01:16,140 | lot of people spamming and goobers that they're trying to draw attention to their stupid as YouTube channels that don't even teach it. But the Joker |
| 327 | 01:01:18,270 --> 01:01:27,690 | constantly puts these little I made so much money following this moment in Bitcoin. I can't block that person and not they're always coming up. So but |
| 328 | 01:01:27,690 --> 01:01:40,590 | there's a comment that came in. Guy says, stop trading as nobody likes it anymore. Trade something else like gold? No, you simply wait. See, that mindset |
| 329 | 01:01:40,590 --> 01:01:47,610 | says, that's a person that wants to be trading all the time. And that's a person that's going to lose their money, that's a person that's going to lose, and |
| 330 | 01:01:47,610 --> 01:02:04,380 | fail. So you don't want to do those types of things. You want to find a mindset, and all the things I'm teaching you find your path your way and grow there. Look |
| 331 | 01:02:04,380 --> 01:02:13,440 | what happened as last six weeks, you should have been back testing, not trying to trade not trying to get your funded account past that was telling you low |
| 332 | 01:02:13,440 --> 01:02:23,280 | probability, low probability, was able to take trades. Yeah. But were they frequently and, and having a lot now that I told you in YouTube, this is what I |
| 333 | 01:02:23,280 --> 01:02:30,210 | think is gonna happen. Isn't it funny how it came out and gave you that analysis report, everything started moving around again. I know what I'm looking for. I'm |
| 334 | 01:02:30,210 --> 01:02:38,220 | teaching you how to do the things I'm teaching you to study and look for when those things occur. And price action. That's when you that's when you engage, |
| 335 | 01:02:38,220 --> 01:02:47,580 | that's when you attack it. But if it's not there, you do nothing. And you don't worry and wiggling and drive in your skin and think missing out. No, you don't |
| 336 | 01:02:47,610 --> 01:02:57,210 | jump to another market. You become a specialist and you wait like a sniper you wait, because that price will walk its way into your crosshairs. And when it |
| 337 | 01:02:57,210 --> 01:03:17,490 | does. Boom. Another one bites the dust. You're here to grow your p&l. That's it. p&l profit and loss statement. Are you profitable? Are you profitable in your |
| 338 | 01:03:17,490 --> 01:03:26,730 | learning? And now that you're trading? Should you become more extreme with real money? Are you profitable? That's the reason why you're here. Your goal is that |
| 339 | 01:03:26,760 --> 01:03:36,390 | not Let's just hang out and be friends with ICT. Let's get ICT there respond to my tweet, you know, I'm not a celebrity, please don't expect a celebrity type |
| 340 | 01:03:36,390 --> 01:03:44,910 | response. I don't want that. to Don't treat me like one. I'm just one of the guys. Okay, I have something I want to share. I'm trying to be as down to earth |
| 341 | 01:03:44,940 --> 01:03:58,380 | and practical and just approachable. And some of you just keep trying to push me up. I don't want to be higher than I am. The views fine where I'm at. But you're |
| 342 | 01:03:58,380 --> 01:04:08,790 | here to learn a skill set. It's going to require you to work very hard. Silver Bullet time based you can use in every session. What do you what are you doing |
| 343 | 01:04:08,790 --> 01:04:20,700 | with it? Are you back testing it? Do you have a college mindset? Are you coming to me on a scholarship basis where you feel like you can fuck off a little bit |
| 344 | 01:04:20,700 --> 01:04:28,620 | because you didn't come out your pocket? That's not the right mindset. If you were paying for college and again of your own pocket, you'll be doing it |
| 345 | 01:04:28,650 --> 01:04:37,530 | differently. Wouldn't you be showing up on time taking due diligence and notes and practicing and studying and canceling all the weekend? You wouldn't be doing |
| 346 | 01:04:37,530 --> 01:04:46,140 | any of those things. Most of you come to me with a grade school mindset where you feel like you can fuck off. I got plenty of time and as I watch this video |
| 347 | 01:04:46,140 --> 01:04:52,410 | and we want to get around to it. I'll take notes when it's something important. This guy talks a lot of bullshit Okay, I'll get that. Let's get to the point |
| 348 | 01:04:52,410 --> 01:05:05,220 | ICT. I'll write down when it's impactful to me. That's a great school Mensa mindset you feel like you can pick and choose But you should know. The ICT |
| 349 | 01:05:05,220 --> 01:05:13,050 | mentorship mindset is independent thinker. You, you understand that what you're learning is going to earn you an income, and you write your own checks. And you |
| 350 | 01:05:13,050 --> 01:05:27,750 | don't have a mindset that is framed on Gob the job. So you have to create this baseline. And I've only done this small sampling of models because it's very |
| 351 | 01:05:27,750 --> 01:05:40,440 | small list to choose from. So that we it promotes discipline on your part, and allows you to produce your own experience that I can't give you. You can't buy |
| 352 | 01:05:40,440 --> 01:05:50,370 | it from somebody else's course. They can't teach it to you, your experiences, which you garnered from the time and studied in the effort you put behind |
| 353 | 01:05:50,580 --> 01:06:02,010 | everything that you've done. So it gives you a realistic expectation. And I give you the realistic chance to, to make it in this because I'm allowing you to get |
| 354 | 01:06:02,010 --> 01:06:08,130 | out of your own damn way. If you don't get out of your way, you're going to be the impediment, you're the problem, you're the barrier. You're the thing, the |
| 355 | 01:06:08,130 --> 01:06:18,240 | last piece of the puzzle. You have already been taught everything that's necessary to make lots of fucking money consistently. And I've also taught you |
| 356 | 01:06:18,360 --> 01:06:31,290 | when not to do something sit still. And it's okay. Hundreds of handles have been made hundreds of handles, you see that? I explained where it's going to go, why |
| 357 | 01:06:31,290 --> 01:06:40,320 | it's going to behave the way it is. And I'm teaching a new concept, the sixth Sr. and I just introduced a silver bullet. Stop making tutorial videos, folks, |
| 358 | 01:06:40,500 --> 01:06:49,080 | because you're not ready to be teaching it. That's not me talking down to my students. That's me telling you the truth. You're trying to promote incomplete |
| 359 | 01:06:49,140 --> 01:07:00,630 | information. I promise you, you'll have all kinds of candy to spread around on your YouTube channel come November. But let me teach it properly first. Okay. |
| 360 | 01:07:01,530 --> 01:07:07,470 | That's all I'm asking. Because you're making it harder for me as a mentor while you're doing that, people are coming to me, this guy or this gal says this, this |
| 361 | 01:07:07,470 --> 01:07:14,460 | this and they're doing this, they're doing that the 90 minute cycles, they said this and do that. Not You just wait. It takes time to get through this |
| 362 | 01:07:14,460 --> 01:07:23,160 | information. But I'm also doing things real time. I could sit down and do everything from hindsight perspective. And be complete theory. But there's gonna |
| 363 | 01:07:23,160 --> 01:07:28,680 | be a lot of you saying, This is bullshit, because if it worked, you have been doing it. I'm doing it. Then explain how I did it. And it's something you're |
| 364 | 01:07:28,680 --> 01:07:35,100 | discovering. Oh, shit, that isn't that core content. Oh, it's already on his YouTube channel. How about that? Yeah, I'm not reinventing the wheel. I've |
| 365 | 01:07:35,100 --> 01:07:44,220 | already created the wheel. It's on my YouTube channel, use it, study it. What are you doing with it? It's great to be part of a community and I'm trying to |
| 366 | 01:07:44,220 --> 01:07:57,090 | cultivate a very supportive community. But don't get stuck in that mindset. You came here to learn how to make money. Don't fucking forget that. Enjoy the rest |
| 367 | 01:07:57,090 --> 01:08:00,300 | of the weekend. Until next time, be safe. |