050-ict-tw-spaces-2023-09-23-Building-Equity-From-Humble-Beginnings
Last modified by Drunk Monkey on 2023-09-26 12:54
Outline
00:40 - Making money in the Forex market with a focus on risk management.
- ICT discusses why people find financial content more engaging than other types of content, despite finding it boring.
- ICT advises traders to slow down and be realistic about their goals, while also being cautious of potential risks.
03:51 - Trading and personal finance.
- ICT advises Cameron to take one withdrawal per month from his savings, rather than chasing short-term gains through trading.
- Cameron has experienced the satisfaction of earning money through a process, which is different from winning it or being given it, and this has helped him build his account.
- ICT emphasizes the importance of focusing on small, achievable goals in trading, rather than aiming for large profits.
- The speaker is working with a 16-year-old boy who has a learning disability and is slow in his development, making it challenging to teach him about price action and trading.
- The speaker is determined to work with the boy and inspire him to have an interest in trading by using a game-like approach, such as comparing price action to a slither io game.
10:48 - Trading, risk management, and social media criticism.
- ICT emphasizes the importance of humble beginnings and trusting oneself in trading, rather than getting caught up in the frenzy of pushing for more trades and comparing oneself to others on social media.
- ICT encourages listeners to focus on their own results and learning process, rather than comparing themselves to others or trying to keep up with the "reckless abandonment" of gambling at casino tables.
13:44 - Trading and money mindset.
- ICT says he's trading with a simple model that identifies hourly or 15-minute highs or lows, and he's looking for at least 15 handles from the current price to enter a sell trade.
- ICT advises traders to focus on teaching the model and entering trades at fair value gaps, with a stop loss of 12 handles and a target of 15 handles.
- ICT is frustrated with a friend who is recklessly trading contracts and blowing money, despite ICT's warnings.
- ICT wants their friend to learn the value of money and be liked for their character, not just their wealth.
- ICT advises the son on how to handle money, emphasizing the importance of being careful and not throwing good money after bad.
- ICT shares a personal experience with her oldest son, who made poor financial decisions and lost money in crypto, highlighting the importance of having a process and plan for managing money.
21:48 - Importance of stop loss in trading.
- ICT emphasizes the importance of using stop loss in trading, citing it as a crucial aspect of risk management.
- ICT warns against neglecting stop loss in favor of take profit, highlighting the potential for larger losses without proper risk management.
24:27 - Trading and personal growth.
- ICT shares personal experiences and insights with his son, Cody, to help him learn about trading.
- Cody's impulsive decisions and emotional reactions to trading losses can be detrimental to his progress, and ICT emphasizes the importance of having a plan and being humble in trading.
- Trader shares 10-day winning streak, reflects on journaling and transparency.
- ICT is feeling good after his girlfriend ended their relationship, and he's found a new job as a tradesman, which he's passionate about and wants to learn more about.
- ICT's father is supportive of his new career path and wants to help him learn and grow, but ICT wants to earn his success on his own.
32:00 - Teaching, social media, and personal wealth.
- ICT: "I'm glad the trolls on the internet trolled me, because my kids don't have social media and I don't need their mentorship money."
- ICT: "I enjoy teaching for free because I'm a teacher at heart, and I prayed to have the ability to hold listeners' attention long enough to learn from me."
34:51 - Trading, teaching, and criticism.
- The speaker's son is interested in teaching others about trading, despite the speaker's initial reluctance.
- The speaker is adamant about not teaching "Nigma" and instead wants to focus on showing real examples of trading with a live account.
- ICT expresses frustration with people not buying his products and services despite his efforts to promote them.
- ICT believes people are more interested in talking about him than actually using his offerings.
40:27 - Debt, trading, and financial freedom.
- The speaker emphasizes the importance of having a clear and realistic goal in trading, and warns against overworking oneself or relying on luck.
- The speaker encourages listeners to focus on following a proven process and proving their capabilities, rather than worrying about the outcome.
43:45 - High-frequency trading and market analysis.
- The speaker emphasizes the importance of discipline and consistency in trading, citing the example of making $2,500 in 10 handles of a stock.
- The speaker criticizes traders who show their results on social media and are afraid of others' opinions, leading to overtrading and blowing accounts.
- ICT: "It's done. And it's done with a negative r. And that's blowing people's minds right now."
- ICT: "I don't give a fuck what agency you work for. You're not getting it."
- ICT: Entitlement-minded individuals resisting their underdog story, hocking products for ad revenue.
50:45 - Personal struggles and financial independence.
- ICT shares his life story, from being one of five children born to a teenage mother to becoming a successful entrepreneur despite facing opposition and financial struggles.
- ICT's impatience and frustration with his son's age led him to start teaching others for free, but he later discovered someone was profiting from his work and he decided to take action.
53:38 - Trading, market analysis, and personal opinions.
- Trader expresses frustration with being called the "renaming person" and asserts that they have unique insights and abilities that others cannot replicate.
- ICT says he's unprofessional but would do the same thing again, rubbing noses in it.
- ICT talks about small dick energy, offending some people.
58:58 - Trading and fear of being wrong.
- ICT unleashes a tirade against those threatening him, showing no fear or regret.
- ICT teaches through demo accounts to avoid students feeling pressured or ashamed.
01:02:10 - Trading and mentorship with strong language.
- ICT: "You're making money right now with fools who are following you, but you're not going to convince my students to pay for something they can get for free."
- ICT: "If you really cared about your students, you'd be doing it for free on your weekends, not coming up with some marketing scheme."
- ICT: Discourages trolls from inviting themselves to his events, threatening to beat their asses if they show up.
- ICT: Trolled Sean Lee Powell by pretending to be a fan and challenging him to a fight, using empty screenshots to mock him.
- ICT claims to have been consistently profitable in trading, despite criticism from others who are "afraid to step up and trade against me" (1:09:40).
- ICT highlights the importance of timing and market analysis, demonstrating his skills through live trading and Twitter posts (1:10:40).
01:09:51 - Trading with a demo account and risk management.
- ICT emphasizes the importance of understanding the difference between demo and real accounts in trading.
- ICT emphasizes the importance of risk management and not trading with real money in front of students.
- ICT encourages students to take risks with their own money, but warns of the potential for over-leveraging and losing trades.
01:14:03 - Trading, financial independence, and mentorship.
- ICT expresses frustration with funded account companies and their desire to leverage accounts to astronomical feeds.
- ICT's son will not run a top step account up to astronomical feeds, but will instead put the $10,000 in an amp futures brokerage account.
- ICT: "I don't have any affiliations or ulterior motives. I do things on my own and pay for what I use."
- ICT: "I'm not interested in product placement or teaching circuits. My departure is scheduled and my social media accounts will be inactive after November 11, 2023."
- ICT emphasizes the importance of financial independence and making money outside of a job.
- He questions the practicality of trading 10 handles at a time, suggesting it may not be the most efficient use of time.
01:21:08 - Trading strategies and discipline.
- ICT is prioritizing his personal life over making videos and commenting publicly, and will only provide content for his private mentorship group.
- ICT is frustrated with people buying and selling his content, and will not produce any more videos or content for public consumption.
- ICT emphasizes the importance of discipline and consistency in trading.
- Trader seeks mentorship, struggles with fear and unrealistic goals.
01:27:53 - Trading strategies and risk management.
- ICT challenges the community to remove the invitation for excessive trading and focus on doing the least to achieve success.
- ICT emphasizes the importance of sticking to a model and not being afraid to take losses, as doing the least can lead to greater heights than the current market leaders.
01:30:58 - Trading and market manipulation.
- ICT: "Fuck these people" - toxicity turns off newcomers, but challenges them to try what works.
- ICT asserts that only those "plugged in" to the community can see the manipulated market and have faith in their teachings.
- The speaker is frustrated with people making unrealistic claims about making money online and challenges them to provide a 100% winning day track record.
- The speaker's son is using a simple trading strategy and has been tracking his results, but the speaker does not have any affiliation with the strategy or the company.
01:37:56 - Trading psychology and self-awareness.
- The speaker emphasizes the importance of identifying and overcoming personal character flaws to succeed in a particular endeavor.
- The speaker criticizes a student who failed to achieve success despite following instructions, highlighting the student's own shortcomings as the reason for their lack of progress.
- Michael emphasizes the importance of self-awareness and emotional intelligence in trading, acknowledging that even experienced traders can make the same mistakes repeatedly.
- He encourages listeners to journal and reflect on their emotions and thought processes before making trades, to avoid being swayed by emotions and to identify and address any underlying issues.
01:41:56 - Trading, journaling, and personal attacks.
- The speaker emphasizes the importance of journaling for traders, as it provides a unique and valuable record of their thoughts, decisions, and experiences.
- The speaker encourages listeners to prioritize journaling as a way to create a "time capsule" of their financial journey, rather than relying on chance or luck for success.
- ICT claims he has proven the transferability of his trading method and has people around the world making serious salaries, but denies any involvement in Shane Fields' actions.
- ICT expresses anger and disappointment towards Vinnie for spreading false accusations and causing damage to his reputation and brand.
- ICT accuses a person of lying and spreading false information about him, claiming that they have been inspired by ICT's trading strategies without giving proper credit.
- ICT offers to help this person improve their trading by incorporating ICT's methods and promising a positive ROI if done correctly.
01:49:51 - Trading intraday volatility using a simple model.
- Trader emphasizes importance of discipline and simplicity in trading, rejecting complex strategies and focusing on existing price action.
- Trader demands proof of daily bias from students, claims they're lying to him.
01:53:28 - Trading strategies and market dynamics.
- Trader identifies key levels for intraday trading based on swing highs and lows.
- The speaker emphasizes the importance of understanding the dynamics of liquidity and how it affects market movements.
- The speaker criticizes the use of order books and level two data, claiming that they are often spoofed and do not accurately reflect market sentiment.
01:58:13 - Trading strategies and risk management.
- Trader seeks to help son develop discipline in trading by limiting trades to one contract per day.
- ICT emphasizes the importance of consistency in trading, despite initial nerves.
02:01:40 - Trading and personal growth.
- Algorithmic trading uses handshaking events to engage liquidity and predict price action.
- Trader seeks to earn $10,000 in a week through leveraged trades, but professionals take a more conservative approach with realistic leverage and risk management.
- Cameron is learning to discover his character flaws through quiet experimentation, without external opinions or distractions.
- Cameron's students and young buck are experiencing success and growth, with one student feeling good about himself and another discovering that this path is easier than expected.
02:08:18 - Algorithmic trading strategies.
- ICT challenges listeners to identify and replicate his successful trading setups for 90 days.
02:09:51 - Trading and personal growth.
- ICT emphasizes the importance of understanding oneself through trading, as it can reveal one's true patience and risk tolerance levels.
- ICT advises against attempting to trade with 15 contracts without first developing the skill of trading with one contract, as it can lead to poor expectations and unrealistic goals.
- ICT emphasizes the importance of discipline and patience in trading, rejecting the myth of high-frequency trading algorithms needing multiple trades to be profitable.
- ICT emphasizes the importance of confidence and overcoming fear of missing out.
02:16:14 - Overcoming trading fears and doubts.
- Develop a vision, plan, and discipline to overcome self-doubt and fear of failure.
- ICT encourages journaling to overcome fears and doubts, not to beat oneself up.
02:19:34 - Trading and personal growth.
- The speaker emphasizes the importance of humility in trading and warns against elevating trading to a level that's not required.
- The speaker encourages listeners to try a new approach to trading with minimal resources to see what they can learn about themselves and their view of price.
- ICT highlights the importance of incremental progress towards goals, contrasting it with the tendency to make excuses and resist change.
- The speaker recounts their personal experience with resistance to their uncle's advice to pursue a career in trading, revealing a pattern of self-deception and avoidance.
02:25:25 - Trading strategies and mindset.
- ICT introduces "silver bullet" trading method, avoiding guesswork and biases.
- ICT argues with someone about taking profits in the market, saying they need to have conviction in their trades and not rely on partials as a crutch.
- ICT believes it will take longer than expected to start taking bigger money profits, but sees this as a worthwhile engagement for personal financial growth.
02:29:26 - Learning, growth, and eagles.
- ICT encourages learners to take risks and learn from failures.
- The speaker discusses eagles, highlighting their unique characteristics and behaviors, such as their telescopic vision and mating rituals.
- The speaker uses the eagle's life cycle to illustrate the importance of learning to fly and trusting the process of growth and development.
02:34:46 - Overcoming depression and fear of failure.
- The speaker describes eagles that are deformed and unable to fly, with calcification around their beaks.
- The speaker encourages those in depression to beat their beaks against rocks to break the calcification and fly again, using the example of eagles building each other up and encouraging each other to soar.
- The speaker encourages the listener to elevate themselves beyond their current circumstances and pursue their dreams, rather than settling for the "American dream" of debt and mediocrity.
- The speaker shares personal experiences of overcoming depression and loss, and encourages the listener to do the same by embracing their true potential and empathizing with others.
Transcript
| 1 | 00:00:40 --> 00:00:56 | ICT: It is a good morning. It is a good morning. Welcome back to another ICT shotgun Saturday. This is where I get to Jawbone give me the things that matter |
| 2 | 00:00:56 --> 00:01:06 | most. And it's interesting. I was talking to my son last night, Caleb he came by. And he said, it's interesting, reading people's comments and complaints |
| 3 | 00:01:06 --> 00:01:18 | about how your videos are too long. When it's you teaching how to make money, and they will never complain about sitting in a four hour Twitter space when |
| 4 | 00:01:18 --> 00:01:31 | you're ranting. Why is that? I told him, I said, I think it's the engagement aspect where drama sells. The ruckus, Rowdy stuff, it's an it's more |
| 5 | 00:01:31 --> 00:01:42 | interesting. And it kind of keeps him from falling asleep, because financial stuff is boring, really. Everybody wants to the winner's circle, experience. |
| 6 | 00:01:43 --> 00:01:56 | Even my son is trying to pursue maximum leverage 15 contracts, he was trying to get there real quick, too. And I don't know if he's been keeping tabs. But yeah, |
| 7 | 00:01:56 --> 00:02:08 | he's still in pretty good. I mean, it's not obviously getting rich overnight type thing. But I've never promised that. I did state that if you slowed your |
| 8 | 00:02:08 --> 00:02:17 | roll, okay, if you went out a little bit more realistic pace, and didn't put too much pressure on yourself. Look for one good setup. One setup that meets the |
| 9 | 00:02:17 --> 00:02:30 | criteria that you have. Look for it, frame the risk, be content with making the amount of money you're aiming for. Once you get it stop, and then watch the rest |
| 10 | 00:02:30 --> 00:02:44 | of the day. Or don't look at it and go back and look at it later on in the day and back test it. But don't open yourself up to more risk. And last night, when |
| 11 | 00:02:44 --> 00:02:58 | he showed me his account, he has up 25 over 2500 Alex and his top step funded account. When I say funded account, is that really technically correct? Because |
| 12 | 00:02:58 --> 00:03:07 | it says Express at the top of the screen when he shows me his screenshots that's that did he call that funded? I don't know. All I know is is he finally got his |
| 13 | 00:03:07 --> 00:03:22 | pay out. And it was nothing nefarious on top steps part. But apparently, the DL D E L. company that was paying out to prop firms they they had him signed up |
| 14 | 00:03:22 --> 00:03:32 | with that. And for whatever reason, you know, they stopped doing business, I guess with all prop firms or firms rather with everything that happened that |
| 15 | 00:03:32 --> 00:03:44 | recent Forex company they got caught frauding people. But the the money was sent to him, he they asked him to put some paperwork together for him to have his |
| 16 | 00:03:45 --> 00:03:55 | bank information sent. And they got it and the very next day he he received his funds yesterday. So very thankful for that Michael attack. Those are your top |
| 17 | 00:03:55 --> 00:04:11 | step. So I talked to him yesterday, him being Cameron. I told him, I said, Listen, you should be thinking about just doing one withdrawal a month. Stay on |
| 18 | 00:04:11 --> 00:04:21 | track doing what you're doing. And just do one withdrawal per month. And we worked out his bills, and all the expenses he likes this year spent on it's |
| 19 | 00:04:21 --> 00:04:31 | about $900 a month. So $900 I told him I said if you take $1,200 out, it kind of offsets the tax, and it gives you what you're looking for. So that's like your |
| 20 | 00:04:31 --> 00:04:42 | wage, and everything below that are remaining. Just helps build the account up. So he's like, Well, I was you know, wanting to take a weekly pay up. So when you |
| 21 | 00:04:42 --> 00:04:54 | think about that, I said, I think you should take one withdrawal per month. Don't be trying to chase the money. So I think he's he he feels it now. He's |
| 22 | 00:04:54 --> 00:05:03 | like wow, this is this is spendable money like this is I can go out there and spend this and it's it's Different, it's different when you make it yourself. |
| 23 | 00:05:03 --> 00:05:15 | It's not like going out there and winning a prize or a contest, or someone giving it to you at a birthday or Christmas. When you earn it, and you did, |
| 24 | 00:05:15 --> 00:05:28 | following a process, it's very rewarding. It's very satisfying. And it's one of those wonderful dopamine drops where you feel like you want to get it again |
| 25 | 00:05:28 --> 00:05:38 | immediately. And that's the problem. That's the problem with this industry is the problem with trading, because it feels overwhelming to be successful on a |
| 26 | 00:05:38 --> 00:05:47 | very short term basis. In the beginning, most of you if you were all being honest, we're all in a room where we could openly talk about what we have and |
| 27 | 00:05:47 --> 00:05:59 | how much money we have. And you're not afraid or intimidated by anyone making some kind of snide remark about how broke you are. I was broke, I was homeless. |
| 28 | 00:06:00 --> 00:06:11 | I had those periods of my life where I didn't have anything, I had less money than the bank said I should have in the bank account. That's where I was. Okay. |
| 29 | 00:06:11 --> 00:06:20 | So I mean, I know what that's like to be broke. And humble beginnings is sometimes one of the best things you could ever come from. Now, you probably |
| 30 | 00:06:20 --> 00:06:34 | think you're talking about your son, Cameron, how's that? humble beginnings. He's done it with his own money. He's walking this walk in. True to form. I |
| 31 | 00:06:34 --> 00:06:45 | mean, as a young male, you initially everybody thinks they can do everything when you're young. And sometimes you can pull it off long term, probably not. |
| 32 | 00:06:46 --> 00:06:59 | And it's nice to see that because here's what I was going to do, I was gonna go out. And I wanted to put together a presentation where it taking a very small |
| 33 | 00:06:59 --> 00:07:10 | amount of money. And I was gonna do 1500 hours, I was gonna take 1500 hours, trade with micro contracts, doing one set up per day. And it would probably take |
| 34 | 00:07:10 --> 00:07:17 | me about a year to do it the way I want to present it, because obviously, you can see what I did this week, like, I literally slap the shit out of the market |
| 35 | 00:07:18 --> 00:07:30 | with a live account, folks. Okay, it's not a fucking demo. But that's still playing around. And I think to myself, when I woke up, you probably watched what |
| 36 | 00:07:30 --> 00:07:40 | I did this week and thinking, Man, I want to do that. I want to do that I want to trade like ICT doing that. I want to make $35,000 in one day, I want to do |
| 37 | 00:07:41 --> 00:07:52 | $60,000 In a week, I want to make $140,000 in five and a half weeks, I want to do that I want to do those things. I want to sit down with you today and just |
| 38 | 00:07:52 --> 00:08:08 | calmly remind you that what's wrong with making $2,500 in three weeks? Are you doing that right now? How many times if you tried to make money, big money, and |
| 39 | 00:08:08 --> 00:08:17 | you were denied? Maybe you did have a win here and win there that made you feel like okay, I got it figured out. The next trade I'm going to take I'm going to |
| 40 | 00:08:17 --> 00:08:26 | make this much more I got a target, I got a money management idea that the aspect of growing to this number, that's the that's the management program, not |
| 41 | 00:08:27 --> 00:08:37 | I gotta be around long enough, and be able to weather the storm of losing trades, because you're new. For the last three weeks, I've sat with my youngest |
| 42 | 00:08:37 --> 00:08:45 | son. And I explained to him, I said, Listen, when you look at these candlesticks, it doesn't mean anything to you. But I want you to tell me what |
| 43 | 00:08:45 --> 00:08:53 | you think it's going to do go up or down from where it's at. And we sit with a demo account. And we'll push and we'll see if he's right or wrong. And I want |
| 44 | 00:08:53 --> 00:09:03 | him to feel what it feels like to have that feedback of, okay, do what I told him, not what I told him it taught it did what I wanted to see it happen in the |
| 45 | 00:09:03 --> 00:09:09 | marketplace. And I asked him now what does that make you feel like? This is you feel like you impose your will on the marketplace like you somehow made that |
| 46 | 00:09:09 --> 00:09:18 | happen? Or does it make you feel uncomfortable that you thought it was going to do something and it didn't do it and it denied you. And it's a worthwhile |
| 47 | 00:09:18 --> 00:09:30 | experience for him because he's 16 years old. He's a little bit slower in his development from a vaccine injury. He's not debilitated or anything like that. |
| 48 | 00:09:30 --> 00:09:44 | But he's notably slower than all my boys. And we, we take our time with him. And I want him to see looking at these charts as close as possible. And please don't |
| 49 | 00:09:44 --> 00:09:53 | take what I say out of context, because I can't stand when people try to teach it as a video game, but I want to inspire him to look at it to have an interest |
| 50 | 00:09:53 --> 00:10:06 | in it because he doesn't have an interest in it. But if I can treat it in a way where he can look at it I like that slither io game, where you it's a little |
| 51 | 00:10:06 --> 00:10:13 | snake game, where you go around eating these dots, and you grow longer as a snake. And unless you hit another snake or hit the edge of the parameter that |
| 52 | 00:10:13 --> 00:10:22 | makes the boundary for that game, you'll die. If you do that, well, I kind of like Teach price action moving across the chart with that perspective in mind. |
| 53 | 00:10:23 --> 00:10:34 | So even though he's 16, he really has the mentality of like a 10 year old. And it's very, very difficult to try to bridge something with him because of that |
| 54 | 00:10:35 --> 00:10:35 | learning disability. |
| 55 | 00:10:37 --> 00:10:46 | So I try to teach things from a very humble beginning aspect with him, I think he's going to be a very, very challenging project for me, but I'm not going to |
| 56 | 00:10:46 --> 00:10:53 | stop, I'm going to work towards it. And if he can find something like even with Cameron, what he's doing right now, if he could manage to do that, I would be |
| 57 | 00:10:53 --> 00:11:05 | absolutely ecstatic. But with Cameron, his results, I would like to submit to you that that would be the best starting point for all of you if you're not |
| 58 | 00:11:05 --> 00:11:15 | profitable. If you've never been one, let me let me rephrase that because 100% strike rate winning days, 10 days in a row, that's probably a little bit lofty. |
| 59 | 00:11:17 --> 00:11:29 | If you made that much, in one month, trading with one contract, one mini contract. You shouldn't look at that and think this isn't enough. Because for |
| 60 | 00:11:29 --> 00:11:45 | most people in America, that's a that's a mortgage payment, may be part of a utility bill may be part of a I guess a current payment, or rent, rent and |
| 61 | 00:11:45 --> 00:11:56 | utility bill together. That would do a lot. If that's all you ever amounted to if you've never got past that point. And you resist the temptation to over |
| 62 | 00:11:56 --> 00:12:08 | leverage your account to trade more than just one good set up. And when you get that good set up from the day you stop. Let it sit in take route that you did it |
| 63 | 00:12:08 --> 00:12:20 | right. Be comfortable in the fact that you did it right. You didn't do things outside of the program, you didn't do things that were well, retail minded. More |
| 64 | 00:12:20 --> 00:12:27 | trades, push your edge. Gotta do it. Gotta do it. Gotta keep going, keep pushing, keep pushing. That's exactly what every gambler does at the casino |
| 65 | 00:12:27 --> 00:12:39 | tables. When the girl, the girl next to him, Hey, you're doing really good here. And when we blow on your dice, subliminally, she's trying to offer something |
| 66 | 00:12:39 --> 00:12:46 | else. You give me some of that money. I'll bless all the males. But that whole reckless abandonment of just keep pushing and pushing and pushing get wrapped up |
| 67 | 00:12:46 --> 00:13:00 | in the frenzy. And then when you take your results to social media, no matter what they are, you're going to have someone that's going to come out and be |
| 68 | 00:13:00 --> 00:13:08 | opposition to you. Oh, well, that's something else. You should have done better than I did something better than that. But they won't show you their results. Or |
| 69 | 00:13:08 --> 00:13:17 | they'll show you some stupid shit from 2021 Where the hell's even trading since 21. They're opinionated on social media. But oh yeah, I knew this was gonna |
| 70 | 00:13:17 --> 00:13:32 | happen. But they have nothing. humble beginnings. humble beginnings is the right place. Because you're going to learn to trust yourself. You're going to learn to |
| 71 | 00:13:32 --> 00:13:43 | trust your model, you're going to learn to do just enough and be content with enough. Me tell you something. If I could roll back time and be 18 years old. |
| 72 | 00:13:44 --> 00:13:59 | See he's Cambridge trading. Before i i started trading, I was 20 years old. And I don't think that I don't think I could have contain myself. If I had what he |
| 73 | 00:13:59 --> 00:14:10 | has in his hands right now, like it's a very simple little model is very simple. An hourly or a 15 minute high or low. That's most likely going to be drawn to |
| 74 | 00:14:10 --> 00:14:22 | for a stop read. You don't need a daily bias for that. You need to have the understanding of the daily range. It's probably made its interim higher level |
| 75 | 00:14:22 --> 00:14:32 | today. And there may be a retracement and it's expected. Okay. Does it offer at least 15 handles from where you think it's going to be right now and till it |
| 76 | 00:14:32 --> 00:14:43 | goes to that low to take the sell side. Even if it's going to go higher for the day. Or if we look at the hourly chart, that higher low that is most likely |
| 77 | 00:14:43 --> 00:14:56 | being drawn to does it offer at least 15 handles? If it does, he's going to drop down into a 15 I'm sorry, 32nd chart in ink that 15 or 16 minutes, high or low, |
| 78 | 00:14:56 --> 00:15:06 | whatever it is in terms of the draw that he's looking for. And he's not looking for the full move, because he's scared to hold it. There's nothing to be afraid |
| 79 | 00:15:06 --> 00:15:19 | of admitting that in the beginning, that's a humble beginning. He's afraid that if he holds on to it, it might turn on him. He has unrealistic fears, just like |
| 80 | 00:15:19 --> 00:15:27 | you do when you're in a trade, it's funny how you're in a winning trade. For the better trades that you should be taking the you know, it's most likely going to |
| 81 | 00:15:27 --> 00:15:35 | reach to a specific level, you can see it going there. It hasn't done it yet. But you can see it happening right in front of you. It's going to shoot right |
| 82 | 00:15:35 --> 00:15:42 | there to it. But in your mind, you're thinking, but as I know, as soon as I get in it, it's going to drop 30 handles real quick against me, they're gonna get me |
| 83 | 00:15:42 --> 00:15:53 | they're gonna get me think about that. And just nailed some of you right now didn't know, anyone who runs to the thing or target you're looking for you're |
| 84 | 00:15:53 --> 00:16:03 | like, Man, why didn't I take that? Right? Why didn't you? Here's the reason why you were going to trade with more leverage than you should have. You were not |
| 85 | 00:16:03 --> 00:16:10 | entering at a PDR. Right, you were going to just chase price instead of just waiting for it to drop down if you're bullish into an imbalance or run a very, |
| 86 | 00:16:10 --> 00:16:20 | very short term low. If it takes a woman that swing low out or a five minutes swing low out and you're bullish, and you're thinking for that 15 minute or 60 |
| 87 | 00:16:20 --> 00:16:30 | minute chart, focus on teaching the model in case you're not paying attention. Once there's a five minute or one minute stop, run against the direction you |
| 88 | 00:16:30 --> 00:16:42 | think the drawl is either to 15 or 60 minute liquidity, then you drop down to a 32nd chart. And the very first fair value gap, you enter on it. your stop loss |
| 89 | 00:16:42 --> 00:16:56 | is 12 handles, and you aim for best case 15. He wants to grow beyond this, but he doesn't have the comfort level because he heard himself doing things he was |
| 90 | 00:16:56 --> 00:17:09 | recklessly pushing ahead, trading with more contracts than he should have. Blowing combines. Now all of a sudden, the running joke is that it's me trading |
| 91 | 00:17:09 --> 00:17:19 | it. So either I'm 100% strike rate, and I can trade and I'm doing his account, or he's following a model. And he's doing everything right. And it works. And |
| 92 | 00:17:19 --> 00:17:28 | it's proof. So you all that don't like me are stuck in a conundrum now, aren't you? Because either way, I'm winning fuckers like that. You like that? The house |
| 93 | 00:17:28 --> 00:17:40 | always has the edge motherfucker. So having one contract, one removes the necessity about worrying about where do I take a partial because that was also |
| 94 | 00:17:40 --> 00:17:47 | one of the things he was having a hard time with. Where do I take a partial at dead? If I if I have had five contracts when I said first of all, you're fucking |
| 95 | 00:17:47 --> 00:17:55 | up because you're doing five contracts. You don't know what it's like to do one. He's learning now. And you should have saw him sporting around here, chest out |
| 96 | 00:17:55 --> 00:18:06 | and shit. Like this. This is really cool. Like, man, he and I sent that tweet to y'all. I said, you know, what does it feel like right now? Like what's it feel |
| 97 | 00:18:06 --> 00:18:15 | like to see that kind of money coming in? To your hands where you can spend it? Like it's different, isn't it because that it feels really awesome. Like it |
| 98 | 00:18:15 --> 00:18:22 | feels awesome. Like I was telling my friend ash and it was this and this and this and I'm like, okay, he's in typical where I was at when I started making |
| 99 | 00:18:22 --> 00:18:33 | money. You want to tell all your friends don't talk to him said Don't Don't Don't, don't don't don't. They already want to be friends with you because who |
| 100 | 00:18:33 --> 00:18:44 | we are. And that's terrible. And it sounds egotistical. But folks, it's the truth, okay, it's the it's the truth. And I want him to be liked by his friends |
| 101 | 00:18:44 --> 00:18:56 | because of his character. Not what he has, what he can spend on them, what he can allow them to be a participant of with his resources. Not that not that I |
| 102 | 00:18:56 --> 00:19:04 | teach my children be stingy or selfish. That's not the case here at all. But I just want him because he's young, he's impressionable. And people that don't |
| 103 | 00:19:04 --> 00:19:13 | have things but are still lazy and don't want to do what they have to do to get it. They may take advantage of you and I had friends that were like that. So |
| 104 | 00:19:13 --> 00:19:22 | some of the conversations that we have is me guarding his mind about how he should think about money and how that relationship with other people around the |
| 105 | 00:19:22 --> 00:19:34 | topic of money in a fluence. It's, it's a tight wire, that you have to walk very carefully. And no matter what you do, you're going to be met with challenges |
| 106 | 00:19:34 --> 00:19:44 | that are and sometimes very unfortunate, new friendships will fail. Or you'll have people that are are very venomous to you because they think because you |
| 107 | 00:19:44 --> 00:19:52 | have it and they're your friend or they call themselves to your friend and you haven't really known them that long. You owe them something and when you don't, |
| 108 | 00:19:52 --> 00:20:00 | then they start drama around you. And they start smearing you with things that aren't true about you. And I told him you know how We see his girlfriend and |
| 109 | 00:20:00 --> 00:20:06 | broke up because she went to college. And so honestly, don't be in a hurry to race to get with somebody else. The worst thing in the world right now you could |
| 110 | 00:20:06 --> 00:20:19 | do is go out and get someone pregnant because you're just starting your life. You're just starting your life humble beginnings. He's He's starting from that |
| 111 | 00:20:19 --> 00:20:32 | right now. And I'm so proud to see that. He's doing it without me lacing his pockets. Without me sitting with him and telling him to buy or sell. |
| 112 | 00:20:34 --> 00:20:42 | I did some of that when he was in his comrades when he would be in drawdown and so on. I took a look what you just did there today. Let me show you what you can |
| 113 | 00:20:42 --> 00:20:50 | look at here. And I said, Okay, it's gonna go there, when would you buy it? And when the fair value that was there, and if he doesn't see it, I was like, Do you |
| 114 | 00:20:50 --> 00:20:57 | see the fair and then as soon as I say it, he click, that's not me saying buy it. But he knew that I'm pointing out so he's like, I kinda want to miss it. |
| 115 | 00:20:58 --> 00:21:09 | This funded thing, he's doing his Express thing, that's all him and he's doing it from his phone. Which, you know, the boy works, he has a job. And some of you |
| 116 | 00:21:09 --> 00:21:19 | think that that's cruel of me, you should just do this for your son. I did that with my oldest boy, it didn't work. He wasted the money, got himself in debt, |
| 117 | 00:21:20 --> 00:21:29 | made frivolous stupid decisions, put it in crypto and lost it. So now tell me about what I should do. I learned my lesson on not throwing good money after |
| 118 | 00:21:29 --> 00:21:35 | bad. Think about how you would be recklessly spending it. If someone just laid money in your hands. When you don't know what you're doing with money, you're |
| 119 | 00:21:35 --> 00:21:48 | going to be a fool. He cares more about this now, because it's number one, making him money, too. He's he has a process and a plan that he follows. Which |
| 120 | 00:21:48 --> 00:21:56 | is exactly what you're lacking. You might say you have a model? I, I know I'm looking for the model 2020. I'm looking for the silver bullet. But are you |
| 121 | 00:21:56 --> 00:22:08 | really entering on that context? Are you really using a stop loss? Because many of you that send me your, your screenshots. And sometimes I think that these are |
| 122 | 00:22:08 --> 00:22:17 | the only setups that you probably did correctly, four weeks, because I don't see a whole lot of that coming from the same people. But one screenshot will happen. |
| 123 | 00:22:17 --> 00:22:27 | And you'll see the cell or the long entry line, and there's no stop loss. And it's in profit, whether it be a demo, or it could be live, I don't know. And I'm |
| 124 | 00:22:27 --> 00:22:34 | trying to be judgmental, not Trump put my finger on any one particular person, but you know who you are, if you're listening. If you're not using stop loss, |
| 125 | 00:22:34 --> 00:22:42 | you're not really following what I'm teaching. So I'm not going to like your post, okay, I want you to understand that if there is no stop loss in that |
| 126 | 00:22:42 --> 00:22:50 | screenshot, you'll never see me high five, you and I won't remark anything except for, you need to stop or where's your stop. And I don't mean that to be |
| 127 | 00:22:50 --> 00:23:01 | mean to you or embarrass you. It's to remind you that that's more important than your take profit. And I'm gonna say that, again, your stop loss is far more |
| 128 | 00:23:01 --> 00:23:12 | important than your take profit. Because that take profits not guaranteed. But it's highly probable that your entry in the beginning as a new student, is not |
| 129 | 00:23:12 --> 00:23:24 | as accurate as you want it to be, or hoped to be. And you might have to see a measure of correction against your entry and the trade still be good. But what |
| 130 | 00:23:24 --> 00:23:36 | if it isn't? Larger losses is short at that point then. And if you don't have a stop loss in and you think you can just weather because you're right, what |
| 131 | 00:23:36 --> 00:23:47 | happens when you're not and it drops 30 handles? Can your hand can your combine challenge account, handle that can your funded account challenge, or whatever it |
| 132 | 00:23:47 --> 00:23:57 | is express thing can handle that your Live account, that you have your own hard earned money and can handle that. You might have the money in here to weather. |
| 133 | 00:23:58 --> 00:24:14 | But does your mental capital have the resolve to hold on to that and still think correctly about the marketplace? Can you manage yourself in that? Since he wants |
| 134 | 00:24:14 --> 00:24:24 | to know where these moves are going to happen real real quick, real snappy moves, when they're going to run and the highest probability that they're going |
| 135 | 00:24:24 --> 00:24:34 | to run quickly. That's what I sat down with him. I gave him a high frequency trading model. Not that that's advantageous as of anything else I've taught |
| 136 | 00:24:34 --> 00:24:46 | because every time I teach something, if I say say my say my son, Cody, okay has a newfound interest in trading, which he doesn't because he sour over what he |
| 137 | 00:24:46 --> 00:24:58 | lost. And that's normal. I hope he comes out of it. But if he doesn't then good for him, then he won't lose any more money doing it. But this idea of me sharing |
| 138 | 00:24:58 --> 00:25:07 | my personal life with you which you're not entitled to any of these things. And people take some of the things that I've shared publicly, in they've twisted and |
| 139 | 00:25:07 --> 00:25:19 | contorted it, and they made some kind of nonsense out of it. Then when I teach something about what they're doing or trying to do, you may feel this |
| 140 | 00:25:19 --> 00:25:28 | impulsiveness that drop and abandon everything you've been studying everything you've been working towards, to start all over again, with something that may |
| 141 | 00:25:28 --> 00:25:43 | not be suited for you. That's foolish. If you're working with one thing right now, no matter what I show you, whenever my son comes out, if he does another |
| 142 | 00:25:43 --> 00:25:52 | withdrawal, he might blow that account, who says he's not going to eventually go into some tilt and, and just go crazy. You know, what happens if his girlfriend |
| 143 | 00:25:52 --> 00:25:59 | gets in contact with him or his ex girlfriend, and says, Look, I'm with so and so. And he loses friggin mind about and just wants to exact revenge on the |
| 144 | 00:25:59 --> 00:26:12 | marketplace, he's human. Nothing saying that can't happen. That's why you have to have a plan a process. And you have to start very, very humbly, knowing that |
| 145 | 00:26:12 --> 00:26:21 | you can blow it if you go reckless. When you're out there trying to prove something to anyone. Oh, I'm gonna prove it to so and so's he put that down |
| 146 | 00:26:21 --> 00:26:30 | right now. Now, since he's seen his account grow, and now he had to pay out I was waiting for him to say I can't wait to go do and, you know, his mind went to |
| 147 | 00:26:31 --> 00:26:41 | I want to share this with other people. Do you think that if I if I shared me trading with one contract? He hasn't even started thinking about adding more |
| 148 | 00:26:41 --> 00:26:54 | contracts. That's exactly where I want him. How to get there. trading with one contract, taking one setup, taking it winning it stopping for the day. going |
| 149 | 00:26:54 --> 00:27:04 | back and looking at where there was other ones he could have done. But he's still not journaling. Why? I see, you tell us we should we should be journaling |
| 150 | 00:27:04 --> 00:27:14 | you should. But I have to keep his attention span. Very, very small and narrow on one thing. It's this process right here. Because by him doing this, he is |
| 151 | 00:27:14 --> 00:27:28 | journaling. He's doing the one thing every single day. Boom, that's it. And then he tells me about it. So he's not doing a journal. I don't want his attention. |
| 152 | 00:27:29 --> 00:27:39 | You directed anywhere else. The fact that he's following the model is enough for me, because it was a armwrestling match to get to here. Okay, and I'm not trying |
| 153 | 00:27:39 --> 00:27:54 | to upset the applecart. But His concern was or his interest was how he could inspire all of you. And I'm very proud of that. Not, I'm gonna go out there and |
| 154 | 00:27:54 --> 00:28:04 | show the trolls I'm gonna do this. And I'm gonna do that. I guarantee these trolls don't have 100% strike rate. On the day, he did take $104 loss yesterday, |
| 155 | 00:28:04 --> 00:28:16 | because it wasn't a full hit for his. For his model. He was about to do another trade. And he made I don't know what it was 200 some dollars. But he's made over |
| 156 | 00:28:16 --> 00:28:29 | $2,500 in trading that Express account through top stuff. None of it's fake. If it was fake, I've invited them already to come out and call it what it is. You |
| 157 | 00:28:29 --> 00:28:41 | know if it's real, say it's real, if it's been scammed, say it's a scam. If it's not a real screenshot, if it's not really his account. He can he scribbles |
| 158 | 00:28:41 --> 00:28:51 | overtop that that account number. But we sat and did that video the other night. And I already showed all this is numbered by clicking on that thing. So I mean, |
| 159 | 00:28:51 --> 00:28:59 | I don't know why he does that. So if you're, if you're listening camera, that's dumb. I don't even think that matters now. But the point is 10 days winning. |
| 160 | 00:29:01 --> 00:29:10 | That feels good for somebody that that tried very hard and failed. It feels really good for a person that just had their girlfriend say I can't be your |
| 161 | 00:29:10 --> 00:29:21 | boyfriend and girlfriend relationship anymore in another state, and I'm going to college, and it's too much of a distraction, and it bothers me. He's in hurt. It |
| 162 | 00:29:21 --> 00:29:35 | feels good to be doing that. When you need continuity when you need it. And it's hard to find it and you are the very source of every disruption in your life. |
| 163 | 00:29:37 --> 00:29:47 | Everything's a failure. So having this model gives him a plan of action every day just like when he has to get up and go to work to his new job which he loves |
| 164 | 00:29:47 --> 00:29:49 | doing comes home. He's filthy, |
| 165 | 00:29:50 --> 00:29:59 | sore arms all cut up from the sheet metal from the HVAC installations of the condensers and stuff and whatever the shit he said. Now, I don't understand it, |
| 166 | 00:29:59 --> 00:30:08 | but it's That's what he's doing. That's a man's job as a real working man's job. And he wants to learn that skill so he can start his own company. And I'm proud |
| 167 | 00:30:08 --> 00:30:19 | of that. And maybe this, this, this venue, adventure of a trader will help fund that. Start off with him. Truth be told, I would fucking throw money at him if |
| 168 | 00:30:19 --> 00:30:30 | he gets his journeyman and masters. And now he's a, you know, a person that's gone to a couple business management classes and managing that I would, I would |
| 169 | 00:30:30 --> 00:30:41 | front the whole thing, advice, fucking trucks, I'd buy all this fucking tools, get everything for him. I would love to do that. But he might turn to me and say |
| 170 | 00:30:41 --> 00:30:55 | that I don't want you to do that. I want to earn all that and do it myself. In a way, that's amazing. That's amazing. To watch him grow up, and have these |
| 171 | 00:30:55 --> 00:31:07 | thoughts as a young man in his direction of his life. And doing doing what I had hoped. Before I had any children. I was thinking myself, you know, if I have, if |
| 172 | 00:31:07 --> 00:31:18 | I have a couple kids, if I just could get one of them to trade and do what I'm doing, it will inspire the rest of them. And I've tried it with Cody. And well |
| 173 | 00:31:18 --> 00:31:28 | first I started with my, my daughter, she's the oldest and she that's a whole different show. She is a woman of the world, okay, we'll just call it that. |
| 174 | 00:31:29 --> 00:31:42 | She's not interested. Okay, so she definitely needs the support of dad. And I guess that will probably be like that until she finds a man. But my voice I've |
| 175 | 00:31:42 --> 00:31:51 | tried so many ways to try to get them to do it competitively like, Okay, the first person, they can get a profitable account. To do this with a demo to do do |
| 176 | 00:31:51 --> 00:32:07 | do this. That will buy you whatever next car you want. It can't be a supercar though. Still not inspiring. Now like man, and and I don't know else how else I |
| 177 | 00:32:07 --> 00:32:15 | could have done it. Like I couldn't have done it. So in a lot of ways. I'm glad that these assholes on the internet trolled me, because my children don't have |
| 178 | 00:32:15 --> 00:32:25 | social media. They don't they don't have it. Because number one, it would be intrusive for everybody to go in and try to befriend them and take whatever they |
| 179 | 00:32:25 --> 00:32:38 | would share on public social media accounts and use it to make some some kind of dumb shit. But they read everything that's online. That's another reason why I'm |
| 180 | 00:32:38 --> 00:32:50 | leaving social media. Because they're getting caught up, or at least two of my son's got caught up in, they want to come out here and play digital any and say |
| 181 | 00:32:50 --> 00:32:57 | you don't know us, you don't know our family. You don't know anything about my dad. And this is what he can do. And this is what he's taught me and go fuck |
| 182 | 00:32:57 --> 00:33:10 | yourself, basically, without saying it so much like that. And I have many times hold on look. These people are morally bankrupt. They have a failure for |
| 183 | 00:33:10 --> 00:33:19 | everything they've ever done. And if they need my name, to market or bring attention to them to make their little fucking ad revenue, by the way, if you |
| 184 | 00:33:19 --> 00:33:29 | haven't counted the money I made this week. That's four months of fucking ad revenue. On YouTube, I don't need your fucking YouTube money. And I need your |
| 185 | 00:33:29 --> 00:33:40 | fucking mentorship money. I don't need book and sales don't buy my book how that again? Don't buy my book. Plural books. Come on. I'm out here talking to you |
| 186 | 00:33:40 --> 00:33:52 | right now. And all of you that put my stuff on YouTube. You're making the money off of these talks not me. You are putting copyright claims against it. Nope. I |
| 187 | 00:33:52 --> 00:34:04 | don't give a shit. Do it. Just don't take my lectures on my videos and put them on your channel. Because then I'll take that shit down. But I'm, I'm, I'm |
| 188 | 00:34:04 --> 00:34:15 | wealthy. I'm happy. Someone asked why. Why do I teach for free when I can earn because I enjoy doing this. I enjoy it. I love doing it. I'm a teacher at heart |
| 189 | 00:34:16 --> 00:34:29 | before I'm a trader before I am a martial artist before I am anything an entrepreneur. I am a teacher. I prayed and prayed and prayed and prayed and |
| 190 | 00:34:29 --> 00:34:40 | prayed to have the ability to hold the attention span of listeners long enough for them to learn from me. I've been very passionate about that since I was a |
| 191 | 00:34:40 --> 00:34:50 | teenager. I taught martial arts. When I got my first black belt. I was literally immediately teaching on the weekends, kids that couldn't afford to go to a |
| 192 | 00:34:50 --> 00:34:59 | martial art school. I would be doing it for free with them. both Saturday and Sunday. I would do that. Two and a half hours and many times I bought them |
| 193 | 00:34:59 --> 00:35:10 | something to eat And I didn't have money, then I just love the fact that they allow me to teach them. I've always had this in me, it's been ingrained in me as |
| 194 | 00:35:10 --> 00:35:20 | a person. And it was interesting to hear my son say that do you think that if I went out there and I showed my trades with one contract, do you think that |
| 195 | 00:35:20 --> 00:35:29 | people would be interested in seeing that? Now, he didn't say ad revenue. He didn't say anything about making money off of that. That wasn't even the |
| 196 | 00:35:29 --> 00:35:38 | inspiration behind it. Not one thing. And that was me about being profitable, because he's done it. His mind and his heart shifted to, if I could show some |
| 197 | 00:35:38 --> 00:35:54 | people, would they be interested in seeing that? Think about that. That sounds like a teacher in the making. I will never, I will never teach you enigma. I |
| 198 | 00:35:54 --> 00:36:06 | won't, I will not do it. In an imp 24. Node is not anything that anybody's teaching. When I see that shit. Hoppy, you need to stop that shit. Because that |
| 199 | 00:36:06 --> 00:36:14 | what you're doing, you're promoting something that is not true. You don't know what an imp node is. You don't know what imp 24 is, you don't know. You don't |
| 200 | 00:36:14 --> 00:36:23 | know what those things are. And misleading. And nicknaming something that has nothing to do with it is wrong. It's SOS chaos. It's there's confusion. And you, |
| 201 | 00:36:24 --> 00:36:34 | you need to come forward and say what you're saying is not true. Call it something else. But the bottom line is, is that's not real. I've all never, I |
| 202 | 00:36:34 --> 00:36:50 | will never teach a Nigma it won't happen. But if any one of my sons choose to do it is probably going to be caring. And I'm not saying don't do it. I'm not |
| 203 | 00:36:50 --> 00:37:04 | saying do it. He's not even trading with enigma. And he's got 100% Strike rate by the day. And people have a problem with me showing my examples. Oh, you never |
| 204 | 00:37:04 --> 00:37:15 | show this. But you never show that. Why are you not dissecting the things I'm showing you with a real account? Why don't you tally it all up? Why aren't you |
| 205 | 00:37:15 --> 00:37:26 | going in and seeing Am I using the logic that I've taught in that live trade? Is it doing everything that I teach you that it's going to likely do? Where is the |
| 206 | 00:37:26 --> 00:37:37 | Forensic analysts that go in there and try to look around for things just to try to have some kind of bullshit smearing campaign books, I'm writing four books. |
| 207 | 00:37:37 --> 00:37:47 | Three of them are technically around trading. And one of them is fiction. I don't ever advertise, I dropped crumbs. And I let people go around carrying them |
| 208 | 00:37:48 --> 00:38:03 | and spreading them all out there. And it becomes viral. There was a small little piece of that fiction shared, and I knew it would run viral. And you're all |
| 209 | 00:38:03 --> 00:38:15 | advertising for it. You're working for me, motherfucker. I'm not working for you. Everybody wants to know more about Tobias and parson? How about that? |
| 210 | 00:38:16 --> 00:38:36 | That's book for you stupid fucking clowns. You got played, you have been played since day one. It was just me and God. That's who this is. Let's see, some of |
| 211 | 00:38:36 --> 00:38:45 | you need a story. He needs something. Because you can't accept the fact that there's a God. You can't accept the fact that there was a still quiet voice |
| 212 | 00:38:45 --> 00:38:58 | saying, look here. You need something else. Something else it has to be something else. Well, it was me just praying in weeping helped me and I will |
| 213 | 00:38:58 --> 00:39:00 | help others the rest of my life. |
| 214 | 00:39:05 --> 00:39:16 | You're so busy looking for something to keep you from doing the very things I've freely laid in front of you and said, try this. I'm not gonna make any money off |
| 215 | 00:39:16 --> 00:39:26 | of it. But see if this isn't going to help you. No, no, no, we don't to do that. No, no, no. We have to find something wrong with this guy. We have to do |
| 216 | 00:39:26 --> 00:39:34 | something to stop this guy. He's getting too popular. He's getting to pocket. Everybody talks about this guy too much and nobody's buying my bullshit algo |
| 217 | 00:39:34 --> 00:39:43 | box. Nobody's buying my signal services. Nobody's going into my workshops and nobody's coming to my seminars. Nobody's going in and buying my courses. No |
| 218 | 00:39:43 --> 00:39:49 | matter how many discount codes and how many times I slice the price in half. Slice the price in half. This guy still keeps coming up. Iraqis talking about |
| 219 | 00:39:49 --> 00:40:02 | this ICT guy in my comment section. Man, they say and I'm trading his stuff when you are but denying that you are I see it Don't care. |
| 220 | 00:40:09 --> 00:40:20 | So many of you want to avoid starting from a humble beginning, you want to step out there as a rock star on day one. And everybody that tries that falls right |
| 221 | 00:40:20 --> 00:40:21 | on their fucking face. |
| 222 | 00:40:27 --> 00:40:41 | Think about it. You do way too much, you over work yourself. You put too many demands on yourself, I need to make this much money. Who said you had to make |
| 223 | 00:40:41 --> 00:40:47 | that much money. That's just your wants your desires. And if you got yourself in debt, and you need to make that kind of money, well, you've got yourself there. |
| 224 | 00:40:49 --> 00:40:57 | So I have bankruptcy, some of you are holding on to debt that you're probably going to never be able to come out of, and never find consistently profitable |
| 225 | 00:40:57 --> 00:41:07 | trading because you're stressed out with debt. I filed bankruptcy 1998 I filed it. I ran out credit cards and did all kinds of shit because I was going into |
| 226 | 00:41:07 --> 00:41:26 | court with a gold digger. And I had to show myself broke. In I did, and she got nothing. But I got joint custody. In everything I did, until he was 21 was under |
| 227 | 00:41:26 --> 00:41:40 | the radar. Close friends, scratch my back, I'll scratch yours. Read between the lines motherfuckers everything I've ever done, everything has always been |
| 228 | 00:41:40 --> 00:41:53 | calculated everything. And you have to be shrewd in more shrewd in the world today. Now, never ever, because everything around you is a noose and it's slowly |
| 229 | 00:41:53 --> 00:42:01 | closing in. And most of you don't even see it. And eventually you're gonna wake up one day, you're not going to have freedoms, you're not going to have rights, |
| 230 | 00:42:01 --> 00:42:11 | you're not gonna have the ability to make this kind of money. So what are you waiting for? You have to get busy, it doesn't mean panic, doesn't mean go out |
| 231 | 00:42:11 --> 00:42:24 | there and be reckless and sell everything you got just to put money into an account or buy combines at a ridiculous pace to try to get so much money. But |
| 232 | 00:42:24 --> 00:42:35 | you have to process you have to have something in mind that keeps you moving towards a goal that is sustainable, realistically sustainable. Not I want to |
| 233 | 00:42:35 --> 00:42:52 | make $10,000 a trade. Not I need to make $50,000 a month. If you can't take one contract, and consistently pull 10 handles out consistently, you cannot fucking |
| 234 | 00:42:52 --> 00:43:00 | make real money. Okay, I want you to understand that I'm going to talk to you just like my child is in front of me. This is what I told them in beginning, I |
| 235 | 00:43:00 --> 00:43:12 | said, if you think that you can make money in this, you're wrong. If you think you can make money in this, you're wrong. In the beginning, you have a pathway |
| 236 | 00:43:12 --> 00:43:18 | in front of you, you can go this way, thinking you're right, and find out you're wrong. You can go over here thinking you'll never be able to do it and discover |
| 237 | 00:43:18 --> 00:43:30 | you can. There's a paradigm shift that happens when you start following a process. You don't worry about the outcome. You worry about am I following the |
| 238 | 00:43:30 --> 00:43:42 | rules, am I capable of following the rules. Because until you prove that to yourself, money will evade you. consistently profitable, trading will evade you. |
| 239 | 00:43:45 --> 00:43:59 | You won't be able to put your hands on it. Or it'll fall on your hands one day and leave with interest the next you have to have a mindset that's trained right |
| 240 | 00:43:59 --> 00:44:07 | on a process. So that way, the only thing you're thinking about is is the market doing what it should be doing right now is the next candle that's forming |
| 241 | 00:44:07 --> 00:44:18 | behaving in a manner that is supporting my trade is my stock where it needs to be when I first put it there, yes, leave it there. Don't move it. 10 handles if |
| 242 | 00:44:18 --> 00:44:31 | you can't consistently go in there every day, finding one trade that yields 10 handles, you have no fucking business putting real money in the market. Because |
| 243 | 00:44:31 --> 00:44:42 | you you don't have any discipline. You don't have any discipline that hold true to a model and 10 handles is nothing at static price action. Just look at the |
| 244 | 00:44:42 --> 00:44:56 | NASDAQ any random time. Any random time. sit there, watch it. In 1010 minutes, you're going to see a 10 handle run one sided and it doesn't mean doing any |
| 245 | 00:44:56 --> 00:45:12 | directional thing at all. It just means that it had static price action of 10 handles but you'd look at this and think 10 handles 40 ticks. I ain't doing it. |
| 246 | 00:45:13 --> 00:45:23 | Why? Because you're afraid when you show your results on social media, which you should not be doing. You know what's going to come from that? Broke Ass people |
| 247 | 00:45:23 --> 00:45:31 | that can't sell their software. It's gonna come into your fucking comment section. spamming you saying you're a rookie, you can't do this. You can't do |
| 248 | 00:45:31 --> 00:45:38 | that and they're still on live streams blowing their accounts live for all of you didn't end up in Chiangmai but you're afraid of their opinion or afraid of |
| 249 | 00:45:38 --> 00:45:51 | everyone else's opinion that you aren't doing enough. When 10 handles put $2,500 in my son's pocket real money did you make $2,500 trading whatever Mickey Mouse |
| 250 | 00:45:51 --> 00:45:58 | shit you tried to do in the last three weeks? Did you do that? How many contracts Did you trade? How much did you pay in commission trying to make money |
| 251 | 00:45:58 --> 00:46:14 | but didn't get profitable? That's a topic in and of itself. One contract trading 10 handles guess what that does? It keeps you from overtrading. It keeps |
| 252 | 00:46:14 --> 00:46:27 | commission costs extremely low. You can't get any lower than that. You can't over trade. You can't hold the trade too long. And overstay your welcome. You |
| 253 | 00:46:27 --> 00:46:41 | don't have to worry about moving your stop loss. It's done. And it's done with a negative r. And that's blowing people's minds right now. They're all freaking |
| 254 | 00:46:41 --> 00:46:49 | the fuck out because they want to see my son's results. crash and burn. But you don't fucking realize you dumb fucks is this as a high frequency trading model |
| 255 | 00:46:49 --> 00:46:57 | that repeats all day long, both directions up down up down. And this is exactly what I was doing when I ran that fucking empty for account. Do you all think it |
| 256 | 00:46:57 --> 00:47:04 | was a rented server? Fuck you watch that video I did yesterday when I recorded it live when I had my youngest son sitting next to me. I said to him, watch |
| 257 | 00:47:04 --> 00:47:12 | this. We're gonna we're gonna do something I'm gonna share it with everyone else. And I walked you through every candlestick inside of a bullish breaker. |
| 258 | 00:47:13 --> 00:47:29 | That's that's not a Nygma that's just me reading price these are my PD erasies This is me that Nigma I don't need a chart. I don't need that shit. The turning |
| 259 | 00:47:29 --> 00:47:40 | points already know. And you will never have your hands on that shit. If I was standing before people say you better chill out fuck you you're not getting it |
| 260 | 00:47:41 --> 00:47:51 | you're getting nothing I don't give a fuck you're not getting this information. You're not getting it. I don't give a fuck what an agency you work for. You're |
| 261 | 00:47:51 --> 00:47:52 | not fucking getting it |
| 262 | 00:48:05 --> 00:48:15 | look what happened yesterday it's fine, isn't it? seen it happen? Explaining every little fluctuation it's still inside that breaker everything's exactly as |
| 263 | 00:48:15 --> 00:48:24 | it should be. And you see these people that were commenting you know over the last year and a half when I would show my examples. Pyramid ng you Why is he |
| 264 | 00:48:24 --> 00:48:30 | buying there? Why is he doing this? That's exactly what I was doing right there. But I was doing an every other PD array that was available in the price action |
| 265 | 00:48:30 --> 00:48:43 | at the time. I don't know what else to do. How else to say it. I've said this ad nauseam. Everything I'm doing in front of you. Is what I already taught you. |
| 266 | 00:48:44 --> 00:48:51 | They're available. It's a lot of videos. It's a lot of things to learn. Yes, it does. And that's why I told you it is not going to be easy and for people that |
| 267 | 00:48:51 --> 00:49:04 | are lazy as fuck. Entitlement minded motherfuckers that think that they're I owe you something. Show somebody else honestly show somebody else that's fucking |
| 268 | 00:49:04 --> 00:49:16 | loaded. That isn't trying to make money off for you. spend their Saturday talk new, how to think how to engage, study something that's made freely available to |
| 269 | 00:49:16 --> 00:49:30 | you. And proving it real fucking money account smashing the shit out of these fucking shit talkers and Crickets. Crickets? We don't need Robins cup |
| 270 | 00:49:30 --> 00:49:43 | motherfucker. It can be right there and still stayed on the porch right? teeny little fucking pussy. But I get I wouldn't want to trade against me either. |
| 271 | 00:49:44 --> 00:49:56 | Because that's still not even me trying. Not your fucking face off your pitch. But I get it. Christmas is coming up your family needs some stuff. So keep |
| 272 | 00:49:56 --> 00:50:09 | hocking my name and you're stuck at some ad revenue. Do you think and my family's laughing at you. But a humble beginning, that's necessary. It's |
| 273 | 00:50:09 --> 00:50:18 | necessary because you will be able to look back and see where you came from and you're trying to fight it. You don't want to have that you don't want to have a |
| 274 | 00:50:18 --> 00:50:37 | rocky scenario, or what's his name rocky bow bow. Creek comes up out of nowhere, fights the heavyweight champion goes toe to toe with him. And he becomes the big |
| 275 | 00:50:37 --> 00:50:52 | guy. Underdog Story. Why are you resisting your underdog story? I'm one of them. I had every opposition in front of me. And parents didn't want me. I was |
| 276 | 00:50:52 --> 00:51:04 | supposed to be aborted came from nothing. I didn't have a silver spoon up my ass. I went to college, got all these fucking lessons in life about how to do |
| 277 | 00:51:04 --> 00:51:15 | this and do that and paid money out my ass for it all. I had one Pell Grant, and everything else I paid for. And when I got out, even with a high GPA, I couldn't |
| 278 | 00:51:15 --> 00:51:30 | even get an interview. Think about that. I got involved with a married woman, unbeknownst to me, got her pregnant and turned everything upside down |
| 279 | 00:51:30 --> 00:51:44 | unbreakable. My life was the beginning. And I spend my life hiding financially from her. doing favors for friends and business associates that I couldn't be on |
| 280 | 00:51:44 --> 00:51:58 | paper with. I don't know why you fucking people can't see the obvious. When I say these things, it sounds like oh, well, you know this. Listen. You would not |
| 281 | 00:51:58 --> 00:52:11 | give someone a lifestyle. You would not do this. If you were constantly called it two o'clock in the morning that we were going to take you to the bank. We're |
| 282 | 00:52:11 --> 00:52:19 | going to do this and we're going to do that motherfucker. I'm going to show you just how far I will go to make you not get that. I burned scorched earth my |
| 283 | 00:52:19 --> 00:52:33 | whole whole fucking show in 1997 into 1998. I ran every fucking credit card. I did all those things. So I could walk into mediation that morning. And she |
| 284 | 00:52:33 --> 00:52:37 | walked out with nothing. But I walked out with joint custody. |
| 285 | 00:52:46 --> 00:53:03 | In 2010 I was so impatient about my son Cody, getting of age, was chomping at the bit because I knew I knew I knew my life was going to be able to be more |
| 286 | 00:53:03 --> 00:53:15 | free. Once he's older, as I just couldn't, I couldn't stand it anymore. So to take that energy and impatience that was feeling I started pouring into baby |
| 287 | 00:53:15 --> 00:53:28 | steps, teaching everybody over there for free. And then one day I came home and saw somebody over in the Middle East was taking my free shit and selling it and |
| 288 | 00:53:28 --> 00:53:37 | I got a case study so you know what, fuck this. If anybody's gonna make money off of I am and just listen to my twitter spaces. I swing from one spectrum to |
| 289 | 00:53:37 --> 00:53:40 | the next. It's hard. It's hard wrestling it |
| 290 | 00:53:48 --> 00:53:58 | and then when my stuff starts getting out there and being renamed it but I'm the one being called the renaming person. That's bullshit. That's why a $5 million |
| 291 | 00:53:59 --> 00:54:08 | bounty. Somebody go out there right now and find all this stuff. Find a volume imbalance. Find a breaker. Fine. What I was showing you yesterday in live price |
| 292 | 00:54:08 --> 00:54:20 | action on a second chart, and then watch how prices ran away. That is in nothing else. Not Chris Laurie. Not supply and demand not Wycoff not Elliott Wave. |
| 293 | 00:54:21 --> 00:54:36 | Nobody's harmonic horseshit. Nobody has this. It never existed until I shared it. And I came from a humble beginning someone you need a science fiction |
| 294 | 00:54:37 --> 00:54:49 | explanation that's outside of the Lord Himself literally guiding me. That's the That's what it is. That's that's what it's always been. But if you want a story, |
| 295 | 00:54:49 --> 00:55:05 | I'll tell you. I'll tell you. Good. Go ahead. I like Tom Clancy, too. When I tell you and you don't believe me, and when you try to pick it apart and say |
| 296 | 00:55:05 --> 00:55:12 | it's this and it's that, and then I start doing a live account, you can't accept that. Nobody says anything about the live examples with real money. They're |
| 297 | 00:55:12 --> 00:55:24 | ignoring it like it didn't happen. And that's to me fascinating. It's fascinating to see how denial at that peak level is being shown right now. |
| 298 | 00:55:37 --> 00:55:49 | There are things that I know how to do that if I did it publicly. I absolutely know that I'd have it knock on my door that day or the very next day. I know I |
| 299 | 00:55:49 --> 00:56:03 | know. I absolutely fucking know it. I was in Patrick Whelan's livestream the other day. And everybody was in I love when he does a poll. Even he doesn't do a |
| 300 | 00:56:03 --> 00:56:13 | poll, I read the room. What people are saying and stuff and your Chatter is going up, going down, going up, going down. And I told her by where the markets |
| 301 | 00:56:13 --> 00:56:24 | gonna go 20 More the sell side, the quarter doulas nearby us expecting to do this and that no one thing and went right down here swept by a handle or two. |
| 302 | 00:56:25 --> 00:56:39 | And that was the little day and route all the way up into, you know, deeply deep by Psych. When I say I like a level, and I'm on a daily chart, that's where I |
| 303 | 00:56:39 --> 00:56:50 | ultimately want to see price eventually gravitate to like the quarterly shift objective, which s&p is really close to have you noticed that we're going down |
| 304 | 00:56:50 --> 00:56:57 | there, folks. But it's not gonna be a straight shot, just like I told you, it's not going to be a straight shot. So everything you're doing the larger trades |
| 305 | 00:56:57 --> 00:57:06 | that you should be taking the ones you're trying to hold. They gotta be in that direction. And don't overstay your welcome when you're going against it. Yes, |
| 306 | 00:57:06 --> 00:57:16 | you can make money going long. You saw me going long and short. With a real account and you read these dumb fucks Oh, I see is a demo account. You can't |
| 307 | 00:57:16 --> 00:57:28 | fucking read. You can't see that that talking says amp live. Make your trading you say that with a fake fucking demo account. Do it. Fucking clownery |
| 308 | 00:57:34 --> 00:57:50 | but all this kind of stuff. It it's tiresome for me. Because I know as much as is satisfying to do it, like I did this week. I was being very belligerent by |
| 309 | 00:57:50 --> 00:58:01 | doing it, but it's very satisfying at the time dealing it. But today sitting waking up and thinking about how I behaved and how I conducted myself very |
| 310 | 00:58:01 --> 00:58:09 | unprofessionally. But guess what? given an opportunity to do it again, I would do it exactly the way I did it. Because sometimes you just need to rub their |
| 311 | 00:58:09 --> 00:58:18 | fucking noses in it. I'm not sure if you hear that. But the puppies are upstairs. I'm in the basement right now looking at the rain outside. We got a |
| 312 | 00:58:18 --> 00:58:27 | tropical storm coming up in our area. It's actually kind of cool out windy and raining. And they can't go out and run around. So they're up here running across |
| 313 | 00:58:27 --> 00:58:39 | the floor. And sounds like they're trying to join up. But waking up this morning thinking about you know how I how I spoke on social media. One person said no, |
| 314 | 00:58:39 --> 00:58:48 | you know, stop body shaming, because this person has small dick energy or small dick syndrome. saying oh, you know, some of us have little Dix and You're |
| 315 | 00:58:48 --> 00:59:00 | offending us. I don't know if that was a trolling comment. You know, on the sly, or if that was sincere, but listen. If you're offended by anything I'm saying, |
| 316 | 00:59:00 --> 00:59:10 | grow the fuck up. Okay, because I'm literally unfiltered out here. I'm not trying to be your mentor on Twitter. This is my playground. This is where I |
| 317 | 00:59:10 --> 00:59:18 | vent. This is where I call all these little fucking slap happy fucks exactly what they are clowns. They can't trade they can't do shit and I'm killing your |
| 318 | 00:59:18 --> 00:59:25 | fucking business. I'm stomping all over their fucking shit like fucking Godzilla going thermonuclear and they can't sell their fucking shit and I fucking love |
| 319 | 00:59:25 --> 00:59:32 | it. I fucking love it. I love when you send me your threatening fucking emails. I love when you fucking send me fucking mail saying it's gonna come for you bid, |
| 320 | 00:59:32 --> 00:59:41 | but I'm sitting here strapped to the fucking deals. I don't give a fuck. Show the fuck up. Show up. Run up and get on up motherfucker. Do I sound like I'm |
| 321 | 00:59:41 --> 00:59:49 | fucking intimidated by you bitch. Do I sound like I fucking give a fuck about what you think you can fucking do. I don't live in fear, motherfucker. I don't |
| 322 | 00:59:49 --> 01:00:06 | give a shit. Fuck you and your bullshit. You can't stop shit. Your Mickey Mouse fucking indicator bullshit the fuck out of here |
| 323 | 01:00:13 --> 01:00:25 | I'd like to rewind the tape and do it more than I did this week. Don't fucking regret what I did. These people have had the luxury of me, teaching you in a |
| 324 | 01:00:25 --> 01:00:37 | demo account, being modest, being modest, as a mentor, not trying to show these fucking clowns that they are nobody, and not trying to give you something to |
| 325 | 01:00:37 --> 01:00:45 | feel like you have to live up to as a student, oh, I have to do this now. Because I see my students can't feel accomplished doing what like my son's doing |
| 326 | 01:00:45 --> 01:00:56 | right now. That's the proper way. That's the proper way, folks. Not trying to overleveraged 15 contract your fucking account. That's not how you do it. You're |
| 327 | 01:00:56 --> 01:01:08 | the only thing you're going to learn. By doing that is exactly what my son discovered. Fear of being wrong. Because it hurts, it will hurt you. If you do |
| 328 | 01:01:08 --> 01:01:17 | it that way. And you do it wrong. The only lesson you have learned is to be fearful of the decisions that you're going to make in the future or be so scared |
| 329 | 01:01:17 --> 01:01:25 | that you are afraid to take the decisions at all. That's scar tissue. That's exactly what I'm talking about why I teach you in a demo account? Because if I |
| 330 | 01:01:25 --> 01:01:37 | do it as your teacher, your hero, which I'm fucking not, I'm going to anti hero. If I do it, and I'm publicly out here in front of everybody teaching through a |
| 331 | 01:01:37 --> 01:01:46 | demo, why should you be ashamed of it? Why should you be ashamed of learning how to trade with a demo account, because the guy that's getting the most follows on |
| 332 | 01:01:47 --> 01:01:55 | YouTube showing and teaching through a demo account, and he's seen the poor fucking people with their Sockpuppet accounts come in my fucking comment section |
| 333 | 01:01:55 --> 01:02:08 | all the time. Talking about demo demo demo. Even when it's showing it's a live account, they still would say it's demo and killing them, and literally |
| 334 | 01:02:08 --> 01:02:19 | dismantling all their shit. Because they can't fucking beat me. They can't outperform what you're learning for free. And you should be fucking thankful |
| 335 | 01:02:20 --> 01:02:30 | that I'm not rocking your fucking assets for money that I could easily get. I could easily slap a fucking PayPal link on my shit right now. And get millions |
| 336 | 01:02:30 --> 01:02:43 | of fucking dollars this week. This fucking week. I can put out there and say I will sell you access to signals. If you cancel your fucking shit. And do a |
| 337 | 01:02:43 --> 01:02:50 | chargeback against the people you're with right now. Get a chargeback put against them join my shit and I'll give it to you half off. I will fucking |
| 338 | 01:02:50 --> 01:03:00 | murder these fucking people. Keep fucking around with me motherfuckers keep fucking around and I will burn your shit to the ground for the people that |
| 339 | 01:03:00 --> 01:03:11 | you're still fucking over don't read too much into that. I'm not going to just sales business but I want you to understand that that's the mentality I have. I |
| 340 | 01:03:11 --> 01:03:19 | will fucking do it if I will fucking roast my own shit in 1997 so I can walk in and look like I'm broke. To get my shit done. I ain't got to live with a woman |
| 341 | 01:03:19 --> 01:03:30 | that in my fucking back pocket always. No, no, no, no fuck no. Don't inspire me. Okay, don't fucking inspire me to wreck your shit. You're making money right now |
| 342 | 01:03:30 --> 01:03:37 | with the fucking fools that are following you, you know? But you're not going to convince my fucking students that are actually fucking learning how to do this. |
| 343 | 01:03:37 --> 01:03:49 | To start all of a sudden paying you for something they had a book and do for free. Don't fucking inspire me to come back here in 2024 and record rest of your |
| 344 | 01:03:49 --> 01:04:01 | fucking answers. The best thing you can fucking do is shut your fucking mouth. Be thankful that you have a bunch of fucking fools willing to pay you for |
| 345 | 01:04:01 --> 01:04:09 | something. Because you can't fucking make money in the marketplace. You can't do shit. Because if you can really fucking turn it in the marketplace. If you |
| 346 | 01:04:09 --> 01:04:18 | really could, you'd be doing like I am. If you really gave a fuck about your fucking students, you would be doing it for fucking free on your free fucking |
| 347 | 01:04:18 --> 01:04:27 | time on your fucking weekends. You'd be pouring your time and encouragement into them. Not coming out with some kind of fucking discount bucking code, some kind |
| 348 | 01:04:27 --> 01:04:40 | of marketing fucking scheme I am the epitome of a fucking mentor. I'm doing everything you would want a mentor to do prove he can do it. Show me that he |
| 349 | 01:04:40 --> 01:04:48 | fucking gives a fuck. Show me that he really cares about me show me that he can fucking encourage me even when I'm doing it wrong. Find a way to inspire me to |
| 350 | 01:04:48 --> 01:04:58 | deal but still hold me accountable. And don't ask anything of me except for real attempt and effort. That's what the that's the that's the currency here folks. |
| 351 | 01:04:58 --> 01:05:07 | That's the exchange rate here. You have to put your fucking effort behind it. I can't do that part for you. I can cheerlead you on. I can kick in the fucking |
| 352 | 01:05:07 --> 01:05:16 | ass and tell you you got to do it this way. There's no shortcuts. But ultimately you have to start. And you have to maintain that level of tenacity to keep doing |
| 353 | 01:05:16 --> 01:05:30 | it. And it's gonna be hard if you invite these asshats on social media to discourage you and distract you. Misery loves company. And these speakers are |
| 354 | 01:05:30 --> 01:05:45 | miserable. They're miserable. And it's a shame it's a fucking shame because honestly, I didn't come out here. Years ago, I did not come out here. The child |
| 355 | 01:05:45 --> 01:05:55 | to be some fucking minister to people. I didn't die. That was not my inspiration. But because I have an issue. I do have a fucking issue that if I'm |
| 356 | 01:05:55 --> 01:06:07 | triggered, I'm going to behave in a manner that is not very gentlemanlike but once it once it runs its course then I'm done with it. I don't hate anybody. |
| 357 | 01:06:07 --> 01:06:18 | Even Vinnie. I don't hate him. I'm disappointed that he's tried to do this. Because many times in the past I told him I said, you know, I'll sit with you. |
| 358 | 01:06:18 --> 01:06:28 | I'll bring an audience, but he doesn't conduct himself well, now. I'm not saying I do either. Because look at me. But I'm not doing that kind of shit. I'm not |
| 359 | 01:06:28 --> 01:06:36 | making up some bullshit. Photoshop and shit and fucking putting shit together saying this. My children do not live in fucking trailer parks. Okay, they don't |
| 360 | 01:06:36 --> 01:06:48 | do that. I did not lose fucking Robins cup multiple fucking times. That's fucking a lie. That screenshot of the I can't remember what it was now. But I |
| 361 | 01:06:48 --> 01:06:58 | was trolling Shawn for life. Meet Sean Lee. Sean Lee Powell. I think it's his full name from Astro effects. Because he was like, the big thing at the time. |
| 362 | 01:06:58 --> 01:07:05 | Everybody was like, you treat against it. And I was like, Okay, I'll try it against him. But when I asked him, he basically said come to England. I'll cut |
| 363 | 01:07:05 --> 01:07:11 | your fucking throat. Okay, we'll come call me. We're gonna Maryland try that knock, stick that buck and link up your ass. How's that worked for you, Johnny. |
| 364 | 01:07:11 --> 01:07:19 | But the point is this, I'm not Roger banks, you're not going to show up to here and talk some shit. I'll beat your fucking ass. So I encourage them to trade |
| 365 | 01:07:19 --> 01:07:30 | against me. And it was like, he kept showing stuff in his cars and all this other bullshit. And I was like, okay, they keep showing these screenshots of |
| 366 | 01:07:30 --> 01:07:38 | empty for screenshots empty for and then always be some kind of snide little remark about you live in life. Your winner does nothing. And I basically was |
| 367 | 01:07:38 --> 01:07:48 | trolling him. I literally was trolling him. So all of that shit that people are taking and they're trying to twist it up that you weren't there when I was going |
| 368 | 01:07:48 --> 01:08:01 | at it. With Sean Lee. None of you were there. Some of you my older students were but all these people are taking these little pieces of me being a troll. When I |
| 369 | 01:08:01 --> 01:08:11 | wasn't trying to be a paid mentor. I was literally just going out there and just having fun on social media. When I ran them fucking empty for accounts up that |
| 370 | 01:08:11 --> 01:08:21 | was legitimately doing what you see me do now. Right now I was doing all that stuff down all day long. Boom boom, boom boom 5% leverage each fucking trade |
| 371 | 01:08:21 --> 01:08:31 | every new partial was risking 5% That's how it was not I don't know how many fucking times I gotta tell you that. But see because you weren't there. You |
| 372 | 01:08:31 --> 01:08:38 | weren't there. They can take this stuff and twist it and Photoshop it and put a different kind of spin on it and make it look like it's something entirely else. |
| 373 | 01:08:38 --> 01:08:46 | Where are your excuses for me trading right now calling it for happens in front of everybody putting it on video. Is timing date stamped the markets gonna go |
| 374 | 01:08:46 --> 01:08:52 | here and it does on a daily chart. It's going to do this on a 32nd chart. It's going to do as I'm calling it live minute by minute on the fucking Twitter |
| 375 | 01:08:52 --> 01:08:58 | account. Twitter stasis posting its time and date stamp. I'm trading with a live talking count. I'm making your annual fucking salary and a fucking week where |
| 376 | 01:08:58 --> 01:09:06 | the fuck is your where's your discrediting that? Your fucking false you are fools |
| 377 | 01:09:11 --> 01:09:20 | Why don't fuck aren't these motherfuckers trading against me? Exactly. If I was such a fucking fraud, they would have stepped out here and shown how much better |
| 378 | 01:09:20 --> 01:09:33 | they are. And they're scared cowering in their fucking corners. fucking hilarious. I love it. It's so much fun to entertain. I'm always wanting to stay |
| 379 | 01:09:33 --> 01:09:48 | past fucking because of it. Me come on, seriously. But some of these people believe it. Some people literally see that shit. And they won't let me let me |
| 380 | 01:09:48 --> 01:09:54 | just see if this guy can trade. Let me see if he's really pushing the button. Oh, that is a real account. But look at this over here. He's teaching in a demo |
| 381 | 01:09:54 --> 01:10:02 | account. Why would you want to do that? Because if I'm teaching this influx here, I really want you to understand this Some of you are fucking stupid. In |
| 382 | 01:10:02 --> 01:10:13 | the United States, okay. In the United States, there's an entity called Commodity Futures Trading Commission. I am not a regulated certified trade |
| 383 | 01:10:13 --> 01:10:22 | advisor, I'm things I'm not a CTA, I'm not licensed to give you trade advice, but guess what I fucking can do. I can give you my opinion that my fucking |
| 384 | 01:10:22 --> 01:10:32 | disclaimer shows in my videos and below the videos in that disclaimer explains how, my opinion is just that. And there's real risk if you put real money behind |
| 385 | 01:10:32 --> 01:10:43 | it. But my opinion is not meant for you to go out there and take a trade with it. But if I teach you a conceptual idea that I have absolute faith in that my |
| 386 | 01:10:43 --> 01:10:50 | students that are using and making real money with have faith in but not that you should have faith and because you have to find that on your own. If I do |
| 387 | 01:10:50 --> 01:11:02 | this in a demo account, number one, I am not incurring real risk or not incurring monetary gain. And you can't either. Because it's never been framed as |
| 388 | 01:11:02 --> 01:11:10 | investment advice. When I did my mentorship, it was always on the pretense that it was going to be demo, when they signed up the agreement stated that you're |
| 389 | 01:11:10 --> 01:11:17 | going to be learning how to read price action through the medium of a demo account, there's no profitability promised, you cannot make or lose any money |
| 390 | 01:11:17 --> 01:11:33 | doing this. Now the fine line is this the apt person, student, buyer, reader study, student user would start to think to themselves, hey, yeah, this is a |
| 391 | 01:11:33 --> 01:11:40 | demo account. But what would happen if I got really good at it in a demo, and made the decision to try to deal with real money, what would the results be? |
| 392 | 01:11:40 --> 01:11:51 | That's the discovery that you find on your own. I didn't, I didn't inspire you to do that. I never tell anybody go into my funds, even when I'm doing the |
| 393 | 01:11:51 --> 01:11:59 | lectures. Even when I'm doing these Twitter spaces like this. I'm never telling you to go out there and trade with real money. It's never happened, it's never |
| 394 | 01:11:59 --> 01:12:18 | fucking happened. When you do it, and you make money, you got the credit. All of it's not mine. But when you lose, and you will lose. You have to eat that. Chew |
| 395 | 01:12:18 --> 01:12:33 | it, and swallow. And some people aren't willing to do that. Human beings look, I'm giving you a gift that none of you are entitled to. Encouraging you teaching |
| 396 | 01:12:33 --> 01:12:44 | you more and more about it, how to do it, and showing you with real money. Real Money, when's the last time you saw anyone teaching bullshit that they teach, |
| 397 | 01:12:44 --> 01:12:53 | and then literally go into a chart with a live account, walk you through the minute by minute, and now second by second candlestick about what it should do, |
| 398 | 01:12:53 --> 01:13:05 | and behave and time exactly when it's going to run away. Because I've never seen that. I've never seen it. Maybe you can direct me to someone that's doing it, I |
| 399 | 01:13:05 --> 01:13:16 | would love to watch that. I would love to watch someone do that. Not talk about price, I want to see them push a fucking button, get in there and risk real |
| 400 | 01:13:16 --> 01:13:23 | money. I'm showing you what you're not entitled to, I'm showing you real account executions. That's exactly what I said you would see, I did not promise I was |
| 401 | 01:13:23 --> 01:13:29 | going to trade real money in front of you. Because if I do that, I'm acting like a what? trade advisor because if I'm willing to put the money on it in front of |
| 402 | 01:13:29 --> 01:13:34 | you, that means that you're going to probably be doing it too. And that means you're probably going to over leverage your account. Because if I'm going to do |
| 403 | 01:13:34 --> 01:13:41 | with my money, it must be good enough to be worthwhile. And you're going to push the limits in you're gonna do that 15 contract exposure and your combine your |
| 404 | 01:13:41 --> 01:13:51 | funded account or your real money account. And if I do it wrong, and I have had losing trades before folks, that's happened. What happens if that next trade I |
| 405 | 01:13:51 --> 01:14:04 | take is a losing trade, and you've maxed out? I can't live with myself with that risk. I can't, I can't, you might be willing to take that risk. I'm not willing |
| 406 | 01:14:04 --> 01:14:19 | to subject you to that. Truth be told if Larry Williams in the beginning, okay, in 1995 If I would have been sitting in a medium like this, or if YouTube was a |
| 407 | 01:14:19 --> 01:14:29 | thing, and he was willing to sit up there and take his live trades, I swear to God, I would have done everything overleveraged because he's in it. So you think |
| 408 | 01:14:29 --> 01:14:35 | it's far fetched for me to have that opinion about all of you, if I was willing to go out there and trade with real money for all you what you would do? I |
| 409 | 01:14:35 --> 01:14:42 | already know what you would do. Some of you would have every one of your 12 Fucking connected fucking copy accounts, fully leveraged to the fucking gills |
| 410 | 01:14:42 --> 01:14:55 | with every trade. That's why these funded account companies want me there. They want to be able to do that. They want to parlay everything. And I won't do that. |
| 411 | 01:14:58 --> 01:15:08 | Your credit has to be earned. My son will not run that top step account up to astronomical feeds, he's not going to do it. He's running it up to $10,000. He's |
| 412 | 01:15:08 --> 01:15:19 | taking the money and he's closing it. That's all he's doing. That's all he's doing. Then when he takes that $10,000, he's gonna put it in amp futures. It's a |
| 413 | 01:15:19 --> 01:15:27 | real brokerage account. I'm not repping. And I'm not an affiliate, there's no fucking kickback. I've had issues with them. But for the most part, they're |
| 414 | 01:15:27 --> 01:15:37 | unlike anything else there any other broker, everybody's going to have an issue, when I have trades, that would be beneficial for me. To close in. It's not on |
| 415 | 01:15:37 --> 01:15:47 | limit basis. If I close it, the screen fades out for a little bit in the profit drops two or three times, then it closes me out. Is that shenanigans? Probably? |
| 416 | 01:15:48 --> 01:16:00 | Is it enough for me to want to stop doing business them? No. I mean, there's gonna be issues with every brokerage firm out there. Every brokerage firm has |
| 417 | 01:16:00 --> 01:16:11 | their faults, every company that you deal with is going to have their faults. And because of that, and the fact that when I talk about things from an |
| 418 | 01:16:11 --> 01:16:19 | opinionated stance about things, I think is a good or bad thing about a company or a resource or tool or something to that effect. When I'm telling you my |
| 419 | 01:16:19 --> 01:16:30 | opinion about it. It's real. I'm not, I don't have an affiliation with anybody. No one's lacing my palm with money. No one's paying me for my support. I've |
| 420 | 01:16:30 --> 01:16:39 | literally had just about everybody come at me, asking me, would you like to go into a partnership with us? We would pay you this much money and then a kickback |
| 421 | 01:16:39 --> 01:16:51 | on this. I literally folks, you know that you are. It was always the same thing. I appreciate you asking, but I don't do those things. Does it? That's the way it |
| 422 | 01:16:51 --> 01:17:01 | is. That's what I would want my mentor to be like, I'm not going to be in influenced by anybody. I don't have an ulterior motive. I have nothing making me |
| 423 | 01:17:01 --> 01:17:12 | money except for what I do on my own. If I have a resource, I paid for it. If I use something, I paid for it. It's not gifted to me. It's not a hey, look, we're |
| 424 | 01:17:12 --> 01:17:21 | gonna give you this if you talk about it on your live stream, if you talk about on your Twitter, I had people do that all the time. All the time. And it's no |
| 425 | 01:17:22 --> 01:17:36 | no. I could make millions of fucking dollars doing product placement. And no. I've had people ask me to do teaching circuits, big fucking things like big, |
| 426 | 01:17:37 --> 01:17:51 | like, big shows of it. No. I'm not interested. I told you I'm stepping down. Not because any you fucking nitwits have pushed me away. I've scheduled my time as |
| 427 | 01:17:51 --> 01:18:08 | scheduled, my departure is down to the fucking minute 1159 on Twitter, my last video will drop November 11 2023. And this Twitter will not speak again, there |
| 428 | 01:18:08 --> 01:18:16 | will not be another Twitter space, there will not be another meme. And it will not be another sarcastic trolling remark. By me, there won't be any kind of |
| 429 | 01:18:16 --> 01:18:24 | dose, it won't be any kind of chart being shared and won't be any links being posted. It won't be anything except for what's on Twitter time feed as it is. |
| 430 | 01:18:26 --> 01:18:43 | And nothing's going to be deleted my YouTube channel, it's gonna stay just like that. Whatever videos are up there are up there. And if I do anything going |
| 431 | 01:18:43 --> 01:18:54 | forward, it'll be right from my website. Or if I want to talk about something that'll be on my SoundCloud, which ain't monetized. There is no future |
| 432 | 01:18:54 --> 01:19:00 | mentorship coming by me. I'm not going to be selling you a signal service, I'm not going to be doing masterclasses, I'm not going to run out of money and come |
| 433 | 01:19:00 --> 01:19:10 | back to you later on and say, Hey, you want to do this? Now? I want to build my kids up, I want to build them up. I want to spend time with my family because |
| 434 | 01:19:10 --> 01:19:14 | things are about to get rough. Probably in the next couple of weeks, really to be honest with you. |
| 435 | 01:19:16 --> 01:19:26 | And you need to be thinking about how what you're doing right now. Is everything you're doing at this moment. Working towards you being financially independent. |
| 436 | 01:19:27 --> 01:19:37 | Are you able to make your own money apart from your job? Can you make money to sustain yourself without having to leave your house? I'm not saying rich now. |
| 437 | 01:19:37 --> 01:19:55 | It's not that I'm not saying that at all. But how little is 10 handles with one contract and 2500 hours in three weeks. From the time he started he didn't trade |
| 438 | 01:19:55 --> 01:20:03 | every day. There was a there was a few days where he didn't do anything that's always had wait See if they pay you out. Because I was thinking that, you know, |
| 439 | 01:20:04 --> 01:20:12 | the whole thing was through deal. And they put a stay on that. So unless he was going to get paid, there's no sense of doing any more work to build up that |
| 440 | 01:20:12 --> 01:20:27 | account. So once he got confirmation that it was going to happen, then he started trading again. But how much? How less, can you go below that one |
| 441 | 01:20:27 --> 01:20:37 | contract 10 handles, when you want trade five handles, I'm not saying you can. But you know, that's, to me, it's a little extreme, I think 10 handles is the |
| 442 | 01:20:37 --> 01:20:45 | minimum you should reach for, not to say you can't have a algorithm that runs five handles, because you can get into a trade, put a five handle limit order on |
| 443 | 01:20:45 --> 01:20:52 | it, and just static price that all day long, you're gonna have a lot of commission costs. But you can make money with that, to me, it doesn't make any |
| 444 | 01:20:52 --> 01:21:03 | sense to do it. But I could sit there all day long, all day long. And do hand 10 heals up, down, up, down, up, down, up, down, up down in the real run and |
| 445 | 01:21:03 --> 01:21:17 | against the run. But is that a good use of my time? No. Because if I can sit when I knew the markets likely to move, I can let all the other fluctuation in |
| 446 | 01:21:17 --> 01:21:26 | price action, move around. Leave some on the table for everybody else. And I can have a life outside of the screens outside of the charts outside the market |
| 447 | 01:21:26 --> 01:21:35 | outside of social media talking to you and making videos and commenting and talking to people in my private mentorship. Like it's, there's only so many |
| 448 | 01:21:35 --> 01:21:48 | minutes in a day. And I a lot for them. And I want a more abundant supply of them doing things with my family. So when I see these people making bets, ICTs |
| 449 | 01:21:48 --> 01:21:58 | not going to leave, he's going to be here. I'm not going to be here, folks. I want you to understand that. I really sincerely want you understand that I am |
| 450 | 01:21:58 --> 01:22:13 | absolutely walking on walk in with headphones on. And I'm walking on sunshine, because I have done what I said I was going to do. I've given you several |
| 451 | 01:22:13 --> 01:22:24 | models. They're very, very simple models to have made available to you my private mentorship core content lessons. There's no need for you to buy people, |
| 452 | 01:22:24 --> 01:22:35 | they're trying to sell them there up there. There is no videos, it's gonna be made for my private mentorship group. I will never make them another video. You |
| 453 | 01:22:35 --> 01:22:43 | can't join it. And the only thing that we do, is we chit chat that that's it. That's all it is. It's not even all that eventful. They just have access to me. |
| 454 | 01:22:43 --> 01:22:51 | And I'm going to devote more time to them. I've asked them to be very patient with me why I did this. Because I wanted to stop the guts out of people that |
| 455 | 01:22:51 --> 01:23:02 | were in my mentorship and they still are hiding like little fucking rats. And they're trying to sell my stuff. So if I make anything in that video format for |
| 456 | 01:23:02 --> 01:23:10 | them, it'll just be making them money. I'm not gonna let them have that. That's why I don't produce them won't produce any more content for private mentorship. |
| 457 | 01:23:11 --> 01:23:19 | They can ask me questions. And that's all that it is. That's it. That's all that it is. If you're stupid enough to buy that from somebody, you're an idiot. |
| 458 | 01:23:21 --> 01:23:33 | Because everything that they learned everything that they have learned as a structure about mentorship and how I present the foundations to what it is I do. |
| 459 | 01:23:34 --> 01:23:51 | You already have free access month 1-234-567-8910 and 12. That is up there. Right on YouTube for free. And I'm not taking on them once in a while if I want |
| 460 | 01:23:51 --> 01:24:01 | to do the equivalent of what you see here is a Twitter space. And I want to encourage you, you know, on my website, I'll have a president lecture. It'll |
| 461 | 01:24:01 --> 01:24:11 | just be something that, you know, I want to just reach out to y'all. It won't be monetized. It's just going to be text. And then some of you want to hear it. |
| 462 | 01:24:12 --> 01:24:29 | Like I said, I have a life and I want to get back to it. So I want you to think about this this weekend before we go into Monday and start a new week. When you |
| 463 | 01:24:29 --> 01:24:43 | start trading you want to start with a very slow controlled approach. And I think 10 handles if you can't follow the approach to trying to do that for three |
| 464 | 01:24:43 --> 01:24:56 | months. What three months and come on three months ICT has too much meaning because if you can't submit yourself to three months doing the same thing over |
| 465 | 01:24:56 --> 01:25:09 | and over and over again. You don't don't have discipline. And if you don't, you'll forge it by diligent. You'll create discipline yourself. It will keep you |
| 466 | 01:25:09 --> 01:25:17 | from over leveraging, because you can only do one contract. It'll keep you from worrying about where to place your stop loss and when to move it and when to |
| 467 | 01:25:17 --> 01:25:33 | take partials all that stuff is completely removed from it. You have the barest of essentials. My son was getting no fat. It's as lean as it can be made lean. I |
| 468 | 01:25:33 --> 01:25:40 | use everything that he said he was having an issue with. He wanted to have more contracts on but it was afraid to take off partials. That's why he never did it. |
| 469 | 01:25:41 --> 01:25:50 | He didn't have one trade where he took a partial not one time, not one time, did he do it? Had he done it, he probably wouldn't have burned his account counts, |
| 470 | 01:25:50 --> 01:26:00 | plural. I think he did like seven of them barnacle, trying to do the 150,000. I said, stop doing the 150,000. If you're going to do it, do it with the 50,000. |
| 471 | 01:26:00 --> 01:26:13 | Because you can do everything you need to do in the beginning with the 50,000, because it's not even real 50,000. Think of it like it's a $2,000 account. |
| 472 | 01:26:16 --> 01:26:35 | That's all it is. One Mini using a high frequency trading model. Technically, if we're going to be really really dogmatic about it, it is over leveraging. But it |
| 473 | 01:26:35 --> 01:26:48 | rewards him in a manner that I'm unsatisfied as his dad and as a mentor. I know what I gave him is solid as fuck. It's everyday trading. It's an every session |
| 474 | 01:26:48 --> 01:27:03 | trading model. It's an every hour model. It's there every 15 fucking minutes. How many 15 minutes happened in session from beginning to end? It's a lot of |
| 475 | 01:27:03 --> 01:27:13 | talking 15 seconds, 15 minutes in. And if you get 10 handles each time you commission costs are gonna be up. But not so much that you can't be profitable, |
| 476 | 01:27:14 --> 01:27:28 | much more profitable than anybody else's shit out there. I had automated stuff that I wanted to share with him. But he's like, I need to know what it's doing |
| 477 | 01:27:28 --> 01:27:39 | and why it's doing it. And that was wonderful to hear. So that's what I did. I sat down one afternoon. I said, Okay, list everything that you had issues with |
| 478 | 01:27:39 --> 01:27:49 | what you feared, what you're afraid of what you are trying to do, what's your goals. And I took away all the goals, because they were unrealistic, stupid |
| 479 | 01:27:49 --> 01:27:59 | talking things from a little boy. That's what it was. And all of you that are adults, the ladies and men, they're listening to me. All of your goals. Their |
| 480 | 01:27:59 --> 01:28:11 | little children dreams right now. You need to take that stuff away. And go back to boot camp. This is where you start humble beginnings. How can I protect |
| 481 | 01:28:11 --> 01:28:22 | myself from losing money to the greatest extent? How can I reduce the opportunity and make no allowance for failure to come in? How can I prevent |
| 482 | 01:28:22 --> 01:28:31 | myself from going on tilt? How do I keep myself from over trading over leveraging and worrying about how to move my stop loss and how not to worry |
| 483 | 01:28:31 --> 01:28:42 | about where to take partials. Shape one contract, look for one set up. Have a model. Stick to that model. When you get your trade if you lose, and you take |
| 484 | 01:28:42 --> 01:29:01 | the full 12 It'll hit you stop. You don't do any more. If you when you stop, you don't try it again. The next day, it's a reset. New Set. new opportunity. Follow |
| 485 | 01:29:01 --> 01:29:04 | plan follow the process. Keep doing it. Can you do it? |
| 486 | 01:29:06 --> 01:29:14 | Can you do it? Can you stick to that? I'm challenging you as a community. My community I don't give a fuck if you trade Mickey Mouse bullshit. If you're here |
| 487 | 01:29:14 --> 01:29:29 | and you're trying to learn from me, you have the rest of the next what do we have? Okay, well, whatever the rest of the year. The rest of the year. Try to |
| 488 | 01:29:29 --> 01:29:43 | use your time seeing if you can look for 110 handle run. Before I close this session, I'll repeat the rules for his his model okay. But for the ideal |
| 489 | 01:29:43 --> 01:29:54 | scenario for you to go forward is you have to remove the invitation for you to do more than it's necessary. And when you discover how doing the least, which is |
| 490 | 01:29:54 --> 01:30:08 | what I've talked all the time I talked about this do that At least doing the least would beat the fuck out of the Robins cup placeholders right now doing the |
| 491 | 01:30:08 --> 01:30:18 | least could climb to the heights that those guys are sitting at right now. And they've worked all year long, and many of them haven't moved much. Because |
| 492 | 01:30:18 --> 01:30:25 | they're afraid of what they have right now, they don't want to lose it. Why? Because they don't know how to trade. They don't know how to trade, they found |
| 493 | 01:30:25 --> 01:30:33 | themselves up there doing things. And now because they're there in their positions, they're not willing to risk it. They're trusting, which is what I |
| 494 | 01:30:33 --> 01:30:41 | told everybody, if you get in there, and I have students that say they're gonna go out there next year and try it. And what will happen is, is they're going to |
| 495 | 01:30:41 --> 01:30:48 | get in there, and they're going to try to rush to get there real quick. And they're going to start thinking, I want to do more, I want to do more, I want to |
| 496 | 01:30:48 --> 01:31:01 | do more when you don't need to do more. You don't need to you don't need to do that. You just need to stick to a process and a model that works for you. And |
| 497 | 01:31:01 --> 01:31:10 | when you get that clean slate in your mindset that all these things that you've piled onto yourself, I have to do this or it's not success, I have to make this |
| 498 | 01:31:10 --> 01:31:18 | much money or it's not success, I have to live up to this people on social media has expectations on me, or I'm not gonna be viewed as a successful ICT student. |
| 499 | 01:31:18 --> 01:31:28 | Fuck these motherfuckers fuck them. Even the people in our community are fucking too opinionated, shut your fucking mouth. Shut the fuck up. Mind your own |
| 500 | 01:31:28 --> 01:31:39 | fucking business. You have no idea how impactful it is on people that are brand new, that are coming here, they are having a wonderful opportunity laid before |
| 501 | 01:31:39 --> 01:31:51 | them for free. In the toxicity fucking turns off immediately some of the people that would have otherwise had a change of life experience |
| 502 | 01:31:57 --> 01:32:10 | see, some of you miss, take what it is I do. And when I'm responding to these assets that talk shit about me. I'm not physically losing sleep over this, and |
| 503 | 01:32:10 --> 01:32:18 | I'm not selling any things. You're not taking sales from me. The only thing it's doing is bringing more traffic to my YouTube channel. But I'm talking to the |
| 504 | 01:32:18 --> 01:32:29 | people that are on the fence that may read these people's bullshit. And I'm just challenging you take a little bit of your time that I'm not making any money |
| 505 | 01:32:29 --> 01:32:39 | off. Try what it is I've taught if it doesn't work, believe whatever you want to believe about me. Believe whatever the fuck anybody else says about me that's |
| 506 | 01:32:39 --> 01:32:51 | negative believe all that shit. Go ahead and feel good walking away from it. I want you to feel no guilt. But what if you do try it. And you discover that |
| 507 | 01:32:51 --> 01:33:04 | these fucking clowns are just jealous. And you have a change of life? And you start finding a way for you to make your ends meet. What then? Will you have any |
| 508 | 01:33:04 --> 01:33:14 | time for people that's going to talk shit about me? You and what you're trying to learn? Hell no. And that's what makes this community absolutely unbeatable. |
| 509 | 01:33:14 --> 01:33:25 | The folks that are really plugged in the real parts of this community are the ones that are there, the the fibers that hold us together. Because they've done |
| 510 | 01:33:25 --> 01:33:33 | this, they've gone through the process of testing it and seeing it and they know it's there. They see it. It's algorithmic, it's absolutely 100% manipulated, |
| 511 | 01:33:33 --> 01:33:45 | controlled, and you can time the fucking market on its basis. So there's no reason to be fearful of it. But everything outside of our community has an has |
| 512 | 01:33:45 --> 01:33:54 | an issue with us because we're saying everything else is bullshit. And it is it's a religion. Everything else out there is a religion you're placing your |
| 513 | 01:33:54 --> 01:34:08 | faith and belief in something that has absolutely no bearing on why price and when price is going to do anything. If I was a fraud, the things I said to you |
| 514 | 01:34:08 --> 01:34:21 | and teach wouldn't be in your charts when they are I would not be able to show you the examples I sure as fuck wouldn't be risking real money with it. And what |
| 515 | 01:34:21 --> 01:34:34 | do you see? What have you experienced? What do you have in your hands that you can compare and contrast against everybody else's opinion versus what you see as |
| 516 | 01:34:34 --> 01:34:46 | fact. Except for me going into your house with you and trading your account right in front of you. I've done everything. use real money. Use a real |
| 517 | 01:34:46 --> 01:34:56 | reputable broker. I went in and did TD Ameritrade. I went out there and showed you live talking every single candlestick. I did an execution in front of you |
| 518 | 01:34:57 --> 01:35:07 | live and it did it to the fucking tick I don't need to do that every day. I understand. I know the ploy these people want to goad me into. I have to prove |
| 519 | 01:35:07 --> 01:35:15 | it. If we keep saying he can't and won't do it, he'll just have to do it. The fuck I do. I don't have to do a fucking thing. I've already done more than all |
| 520 | 01:35:15 --> 01:35:31 | of you, all of you. And when I talk like this, I'm talking to the people that are afraid to make a time investment. You see, these people say, Oh, nobody's |
| 521 | 01:35:31 --> 01:35:38 | making money. We're local, real motherfuckers they're all over the place. You see their face and you hear their voices. And you see the company's paying them. |
| 522 | 01:35:41 --> 01:35:48 | But there's no fucking profitable. Sue's nobody's making money with this stuff. You're fucking liars, man. You're liars. And that's the wonderful thing about |
| 523 | 01:35:48 --> 01:35:55 | social media. It preys on the fucking laziness of people. Oh, if this person said that about it, that must be true. You allow that's what social media has |
| 524 | 01:35:55 --> 01:36:04 | been designed for. It's been engineered for that very thing. It's brainwashing. In your fucking IQ level is a fucking testimony that you believe in everything |
| 525 | 01:36:04 --> 01:36:07 | that you fucking hear without testing it yourself |
| 526 | 01:36:13 --> 01:36:26 | I have done everything I humanly can fucking do. I literally am at my wit's end. I cannot do anything more than what I've done here by teaching you what my very |
| 527 | 01:36:26 --> 01:36:35 | own son is now using and top step is not owned by me. I have no affiliation with them. They're not paying me any fucking money. I literally have nothing to do |
| 528 | 01:36:35 --> 01:36:48 | with them. I don't know anything about that fucking shit. Nothing. My son's in their trading a stripped down to the Chrome. Very simple approach. And I'm |
| 529 | 01:36:48 --> 01:36:56 | challenging you, you dickheads they're fucking unprofitable. They're trying to help you. Hawk shit and sell stuff and courses and mentorships all that little |
| 530 | 01:36:56 --> 01:37:08 | bullshit. You show me 100% Fucking winning day track record. Let's see who has the most winning fucking days my son or your Mickey Mouse bullshit. Whatever the |
| 531 | 01:37:08 --> 01:37:18 | fuck it is. 100% win rate every single fucking day. That's where he's at how many winning days and average will he have before he hits that 10,000 hour mark. |
| 532 | 01:37:19 --> 01:37:32 | You demand these these fucking jokers prove that it's my son's doing it through a third party fucking identity tops that he's at my house. He logs into fucking |
| 533 | 01:37:32 --> 01:37:40 | shit on a laptop. And right there it is. Showing you just like it is if it's fake. If it's false tops that you come out and fucking say it's not real. You |
| 534 | 01:37:40 --> 01:37:53 | come out and fucking say it. You can't fake these fucking results, folks. If it's being done on a live account, it's fucking right there. It's not demo. If |
| 535 | 01:37:53 --> 01:37:59 | it's being done and you're everybody's into this funded account shit. Okay, wonderful. Maybe that's the reason why the Lord said in and spoke to Cameron |
| 536 | 01:37:59 --> 01:38:08 | says I want to do that maybe that's his way of doing it because he moves in mysterious ways. Right? Some of you need to see these things happen. Well, here |
| 537 | 01:38:08 --> 01:38:22 | it is. You can do what he's doing. Every single one of you can do this. Every single fucking one of you can do this. But you're in your own way. Some of you |
| 538 | 01:38:22 --> 01:38:28 | are in your feelings. Some of you are fucking scared to death. Some of you believe the bullshit that drama fucking marketing these fucking people are doing |
| 539 | 01:38:28 --> 01:38:32 | because they can't draw attention to their bucket channels without having this kind of stuff |
| 540 | 01:38:37 --> 01:38:47 | where's the risk? Where the fuck is the risk for you to to spend a couple weeks, just spend a couple of weeks MIT the four weeks I promise you if you spent the |
| 541 | 01:38:47 --> 01:38:57 | four weeks doing what I'm telling you to do, you'll be convinced that it's worthwhile sticking with it. And it costs you nothing. And if it's fraud if it's |
| 542 | 01:38:57 --> 01:39:06 | fucking fake, it doesn't work. If it fails, show us what you did. So that way we can see that you made an honest attempt instead of going out on social media. |
| 543 | 01:39:06 --> 01:39:14 | Like I had a student that fucking left tried to do algo box he come out there and did all his bullshit because then he said do this do this do this not going |
| 544 | 01:39:14 --> 01:39:20 | to free access and blah blah blah. He bought his little fucking computer had always fucking charts up there. And he was showing his Market Replay reports and |
| 545 | 01:39:20 --> 01:39:26 | he's talking all kinds of shit. Well guess what? He's turned his fucking video channel off. All his videos are talking to me private because again to you like |
| 546 | 01:39:26 --> 01:39:36 | I told him privately. I wish you luck in what you're doing. But already know what your problem is, is you? And where's algo box success story in it? Crickets |
| 547 | 01:39:36 --> 01:39:45 | mother fucker crickets because it was the students baseline issue himself. Some of you are just not going to be able to do this. It matters not who's teaching |
| 548 | 01:39:45 --> 01:39:52 | you what? Period. But that's the discovery. You had to find out what your character flaws are. You have to go through that beginning process and some of |
| 549 | 01:39:52 --> 01:39:59 | you have to go through that a lot longer because you don't want to let go the painful fucking problematic issues that are plaguing you and preventing you from |
| 550 | 01:39:59 --> 01:40:09 | finding the fucking six So you think you deserve one, but you're never going to obtain it because you can't get out your fucking way. That's the reality. That's |
| 551 | 01:40:09 --> 01:40:19 | the young fucking sugar coated fucking way of telling you in some of you get offended. I don't fucking care, because it's the reality, I would want someone |
| 552 | 01:40:19 --> 01:40:25 | to tell me this is the way it is, Michael, this is you're getting ready to do this, it's gonna be hard. This is where you're gonna fuck up, then let's go |
| 553 | 01:40:25 --> 01:40:34 | through a process of finding out where your fuckup problems, these root core issues. You have to find out where they are. And be fucking humbled by them in |
| 554 | 01:40:34 --> 01:40:46 | the beginning before you put money at risk. Humble fucking beginnings. How do you build equity from humble beginnings you've learned? You have learned who the |
| 555 | 01:40:46 --> 01:40:56 | fuck you are. And guess what? You're all fuck ups. I was a fuckup in the beginning. And guess what? You learn? Oh, I keep making the same mistake. How do |
| 556 | 01:40:56 --> 01:41:04 | I know I'm keep making this mistake. Because I'm journaling. I'm recording what I'm feeling when I'm thinking why I see this. Why do I think it's going to |
| 557 | 01:41:04 --> 01:41:11 | appear in the chart? Am I mad about something? Am I going into the marketplace on an emotional high, everything feels good. And I feel like well, you know, I |
| 558 | 01:41:11 --> 01:41:20 | mean, I can't lose, I mean going there. All those things are characteristics are going to they're going to repeat. And you need to identify what they are. |
| 559 | 01:41:20 --> 01:41:28 | Because if they're hurting you, you need to go right to the root cause of what causes that. And if you had that in your mind, before you press the button, it's |
| 560 | 01:41:28 --> 01:41:39 | better for you not to take the trade then until you wrestle these demons into submission. Otherwise, you'll talk yourself into doing shit that you shouldn't |
| 561 | 01:41:39 --> 01:41:49 | be doing. And talking yourself out of the things that you should be. Folks, I'm sorry, but they don't make fucking trading psychology books, that's going to |
| 562 | 01:41:49 --> 01:42:02 | tell you this. But this is exactly what the fuck you need to hear. You're listening to somebody that went through it. And I begged everybody that had more |
| 563 | 01:42:02 --> 01:42:09 | experience in me, please direct me to books, direct me to teachers direct me to somebody that knows how to conquer all this stuff, I'm wrestling all these |
| 564 | 01:42:09 --> 01:42:21 | things, I can't figure it out. Well, just like I promise you, if you journal, you're making the fucking best fucking trading book ever. And you're writing it |
| 565 | 01:42:21 --> 01:42:34 | yourself in a strange because it should never be shared with anybody that makes it a treasure that makes it an heirloom that you can pass on to your children. |
| 566 | 01:42:36 --> 01:42:45 | That that was a time capsule every day of your life, what you were thinking in that day, the decisions that you were making that day, that helped frame the |
| 567 | 01:42:45 --> 01:42:56 | legacy that they're living off of now, in the future. That's a unique experience that people can't get the same from a photograph, you can have photographs and |
| 568 | 01:42:56 --> 01:43:09 | old movies and eight millimeter films and you know, all kinds of shit. But it's certainly different. When you see the blueprints of what your future family is |
| 569 | 01:43:09 --> 01:43:22 | going to live off of what you did, the engineering moments of how you put all this stuff together for you, to make it work for you. How you framed every |
| 570 | 01:43:22 --> 01:43:33 | decision that you're making financially for you and your future, and your family's future and the legacy wealth that you're creating. But you think it's |
| 571 | 01:43:33 --> 01:43:43 | something you shouldn't do? It's a time waster. Oh to this that the only thing I promise you folks, I promise you this. Anybody worth their salt as a trader |
| 572 | 01:43:44 --> 01:43:52 | making serious money? They're journaling. And they did journal. Nobody swings by the seat of their pants and just says, Well, you know, I'm just gonna wing it. |
| 573 | 01:43:53 --> 01:44:03 | There can be people that do that gamblers come into the casinos every year and take down big holes. But are they doing it every year? Every month? No, they're |
| 574 | 01:44:03 --> 01:44:11 | just a flash in the pan. Just everything lined up for them right then do you want your you want your trading to be like that? Do you want your success to be |
| 575 | 01:44:11 --> 01:44:24 | hinged on the basis of a lottery like win? Some of you said I don't give a fuck outcomes as long as I can get it right. I'm just cut from a different cloth. I |
| 576 | 01:44:24 --> 01:44:32 | want to feel good that I earned it. I want to feel good that I'm teaching you a method that can be transferable and I absolutely have proven its transferable. I |
| 577 | 01:44:32 --> 01:44:41 | have people all around the world and many of them making serious salaries off of trading now. And they're just at the cusp of becoming millionaires. And guess |
| 578 | 01:44:41 --> 01:44:50 | what? You're not going to see ever an algo box you'd ever come out with proof that they're a millionaire. You're never going to see if $600,000 algo box |
| 579 | 01:44:50 --> 01:44:58 | profitable trader in real money not mock or inflate reports. Vinnie. I'm sorry that I have to talk this way to you. I never wanted to do these things and when |
| 580 | 01:44:58 --> 01:45:09 | we were talking privately I told you all these things I said, I'm not the person you're making me out to be. I invited you to have me and my wife share dinner |
| 581 | 01:45:09 --> 01:45:18 | with you a year ago. And I told you, I didn't have nothing to do with Shane fields, doing whatever the hell he did that day. And I thought that was a skit. |
| 582 | 01:45:19 --> 01:45:32 | I thought that that was something that was cooked up by you. And then when that guy started talking all that shit, I was like, What the hell? That was nuts. So |
| 583 | 01:45:32 --> 01:45:41 | I'm anxious to see when you get the cord with that whole show. And when you hear that man tell you, I had absolutely nothing to do with that. I absolutely expect |
| 584 | 01:45:41 --> 01:45:50 | an apology because you have a title on one of those videos, that very video, you're claiming that I'm a child molester. You have any idea that the liability |
| 585 | 01:45:50 --> 01:46:00 | that you have dealing that I want you to understand something, and I'm making this public again, I had nothing to do with that. Zero. And the things that |
| 586 | 01:46:00 --> 01:46:11 | you're spinning off on about absolutely baseless and untrue. I would never do that. Never the things that you've said about my family and my children are |
| 587 | 01:46:11 --> 01:46:24 | absolutely heinous, and they're untrue. And you've done more damage to your image and your brand than I ever could do. You need to take stock in what it is |
| 588 | 01:46:24 --> 01:46:33 | you're doing, you might be making a little bit of money off of revenue. But that shit is going to dry up. It's all going to dry up. And once it's on the |
| 589 | 01:46:33 --> 01:46:41 | internet, it never really goes away. And your children as precious and beautiful as they are right now. They're going to grow up and they're going to see these |
| 590 | 01:46:41 --> 01:46:52 | things that people are saying about you. And it's going to it doesn't you don't see it or feel it right now. But that shame is going to be very very deep in its |
| 591 | 01:46:52 --> 01:47:05 | cuts. I did not one time have any intentions of doing anything to bring you any kind of harm or shame that's never happened. That doesn't mean I wouldn't whip |
| 592 | 01:47:05 --> 01:47:15 | your fucking ass in a trading competitions. I know. And you fucking know it too. I would dismantle you. You did not join that Robins cup. And you know damn |
| 593 | 01:47:15 --> 01:47:23 | fucking well that the shit you've put out there supposedly by Joe Robbins or whatever fuck it supposed to be that that guy did not fucking say I went out |
| 594 | 01:47:23 --> 01:47:38 | there and blew 456 Fucking accounts wherever never fucking happened. That never fucking happened. All this stuff is bullshit. You need to take stock in what |
| 595 | 01:47:38 --> 01:47:50 | you're doing. There's, I'm sure I'm certain that you're taking notes on what I'm teaching. I'm absolutely certain everything that you have been doing for the |
| 596 | 01:47:50 --> 01:47:57 | last five or seven years has been inspired by me whether you fucking want to admit it publicly or not. You've done it a few times in your live streams where |
| 597 | 01:47:57 --> 01:48:09 | you say oh, yeah, the J hook. That's ICTs optimal trade entry. Yep. I even told you to code this stuff. If you can do it, I have users or not users, but I have |
| 598 | 01:48:09 --> 01:48:22 | students that would use your shit if you could really do it. And make it consistent. Take all that shit off your charts, all that bloated bullshit. |
| 599 | 01:48:24 --> 01:48:26 | You're getting there, it's slowly happening. |
| 600 | 01:48:28 --> 01:48:36 | But the things that you're building your stuff on, it's all bullshit. Incorporate the stuff I'm not even saying market it with my stuff. You don't you |
| 601 | 01:48:36 --> 01:48:42 | don't ever have to do that. You never have to come out and publicly say you don't even have to say it to me in an email you have to say nothing to me. Just |
| 602 | 01:48:42 --> 01:48:52 | do it and I promise you your shit will start working. And people that want that crutch of being able to go out there and try to do something and it's built on |
| 603 | 01:48:52 --> 01:49:01 | sound logic. Look at the fucking thing my son's using right now. You trade all these little micro couple ticks types of trades and over leverage I'm taking |
| 604 | 01:49:01 --> 01:49:15 | over leveraging away build it with one contract basis. Automated it has a negative ROI it doesn't matter that consistently will drive transactions and if |
| 605 | 01:49:15 --> 01:49:22 | you automate that, I guarantee you I guarantee you people right now are sitting there thinking you know ICT right if you make that work I would like to have |
| 606 | 01:49:22 --> 01:49:35 | something like that. And again like I told you in the past I don't want any royalties off or anything. Nothing but you went on this fucking vendetta man for |
| 607 | 01:49:35 --> 01:49:44 | for nonsense because I didn't come out and defend you apparently you have to fucking knew you were in it's fucking creepy as fuck that you act like we've |
| 608 | 01:49:44 --> 01:49:54 | been friends since childhood and I backstabbed you I have no idea who the fuck you were man. But this shit that you're spinning on is lies man it's fucking |
| 609 | 01:49:54 --> 01:49:55 | lies. |
| 610 | 01:50:01 --> 01:50:14 | So, anyway, let's cover Cameron's model. And then I'm going to close this one because it's about time you grab something to eat. When I sat with Cameron, I |
| 611 | 01:50:14 --> 01:50:26 | told him I said, Look, to keep you from overtrading to keep you from having the issues and worrying about where your stop loss should be moved, or where |
| 612 | 01:50:26 --> 01:50:35 | partials should be taken, you can only trade one contract. And initially, I wanted him to trade with a micro, that's what I wanted him to do. And it wasn't |
| 613 | 01:50:35 --> 01:50:44 | about the amount of money it was about him learning discipline, and seeing the compounding effect of doing one thing well, and just letting it happen over |
| 614 | 01:50:44 --> 01:50:51 | time, keep doing it, keep doing it, keep doing it. Because if you do very, very well, and you can find 10 handles very easy, very quickly go in and find it. |
| 615 | 01:50:51 --> 01:50:58 | This is applicable to Forex. By the way. I know everybody likes to ask me questions. Like I didn't fuckin say this before. But it works in forex the same |
| 616 | 01:50:58 --> 01:51:10 | way. Any market. It's the same thing. liquidity and inefficiencies are the thing. Everything else is nonsense. Everything else is fucking bullshit. The |
| 617 | 01:51:10 --> 01:51:21 | idea of anticipating intraday volatility. That's what his model is. He's not even using the weekly bias. He's not using a daily bias. He's not looking at |
| 618 | 01:51:21 --> 01:51:30 | anything except for what is it? What's existing right now in price action, think about how easy this is? See, you're already going to doubt it, because I'm not |
| 619 | 01:51:30 --> 01:51:38 | telling you to use the weekly bias. And I'm not telling you to worry about daily bias because all of you think that you're going to be extremely profitable. If |
| 620 | 01:51:38 --> 01:51:46 | if you know what the daily biases, that's bullshit, because I had students that could send me an email and I made them prove to me that because they would say |
| 621 | 01:51:46 --> 01:51:55 | ICT, I knew that daily bias, and blah, blah, blah, but if I could know the right pdra On this particular model, I would be profitable. Okay, well, I demanded |
| 622 | 01:51:55 --> 01:52:04 | that Okay, before the trading session opened, I need you to send me an email. Tell me what the bias is going to be. And they were incorrect. So they're |
| 623 | 01:52:04 --> 01:52:13 | bullshitting me, okay, I have students that will lie to me, as their teacher. And I, I'm fully capable of accepting the fact that there are going to be people |
| 624 | 01:52:13 --> 01:52:22 | out there that are going to lie and say that it doesn't work because they aren't doing it correctly. That's why I said, bring your receipts if you know that you |
| 625 | 01:52:22 --> 01:52:33 | have tried, show me that you have tried show me what you have been journaling and showing me five fucking pages of scribbling is not journaling. That's the my |
| 626 | 01:52:33 --> 01:52:40 | hurrying up trying to put something together to make it look like it. Because on face value, people's attention spans are very short. They're gonna say oh, yeah, |
| 627 | 01:52:40 --> 01:52:48 | hey, I saw he journaled. What did he fucking journal? What did she journal? What did they journal? What were they looking for? What were they measuring? What |
| 628 | 01:52:48 --> 01:52:57 | were they fighting, trying to do a case study on? What model are they trying to employ? Are they changing shit all the time when they go into the marketplace? |
| 629 | 01:52:57 --> 01:52:59 | Are you looking for one particular thing |
| 630 | 01:53:06 --> 01:53:17 | so to keep the whole bias issue out of the equation, to simplify it, just trading intraday volatility. That means whatever the markets going to do, from |
| 631 | 01:53:17 --> 01:53:26 | the highest to the lowest low that it will form that day, which you don't even need to know that. I have tools that will do that. I've proven it publicly that |
| 632 | 01:53:26 --> 01:53:35 | I can fucking tell you what they are. And you watch me trade them. You don't have anybody else out there in any fucking trading community that's ever proven |
| 633 | 01:53:35 --> 01:53:49 | that just me now, intraday volatility, that means you're gonna be looking for an hourly or basically 60 minute, swing high, or a swing low, that is likely to |
| 634 | 01:53:49 --> 01:54:03 | move to it's in close proximity to it. It's been going up for the last couple hours or so. And it's just getting real close to an obvious 60 minute high. If |
| 635 | 01:54:03 --> 01:54:16 | it's not doing that, go down to a 15 minute timeframe. Look for a swing high, it might be gravitating to, if it's gravitating towards that 15 minute high end, |
| 636 | 01:54:16 --> 01:54:22 | real important. Here's the main filter. Here's the filter, folks, okay, this is the fucking part that you're not going to do. And when you fucking lose, you're |
| 637 | 01:54:22 --> 01:54:36 | gonna swear up and down and it fucking fails. On a one or five minute chart there. If you're bullish, it must show a swing low taken and then read object |
| 638 | 01:54:36 --> 01:54:48 | and go higher. whatever timeframe whether it be the one minute or five minute, whatever timeframe that swing low is breached, it goes below it, it only need to |
| 639 | 01:54:48 --> 01:54:59 | go by one tick doesn't need to close below either. This needs to go below it. That timeframe that has the swing low, it must have a candle close up after it |
| 640 | 01:54:59 --> 01:55:10 | takes that well, once it does that, you immediately dropped down to a 32nd chart, but I can't have a 32nd chart, then you can't fucking trade this model, |
| 641 | 01:55:11 --> 01:55:24 | just apply it to a higher timeframe, instead of a 32nd. Use the one minute and use the 15 minute and one hour chart. Everything's scalable. But I'm giving you |
| 642 | 01:55:24 --> 01:55:31 | something that you can test a lot. There's lots of examples doing this throughout the week, from the beginning of trading on Sunday to Friday's close, |
| 643 | 01:55:31 --> 01:55:42 | there's many instances of you going in and going back to the back test, this can have no bias, and you're going to have losing trades, it's okay. But you have to |
| 644 | 01:55:42 --> 01:55:49 | have whatever that timeframe is the one minute or a five minute, there has to be a stop run. One of the first primary principles I taught when I stepped out on |
| 645 | 01:55:49 --> 01:55:59 | baby steps, is the real move will not happen. The dynamic price runs where there's magnitude and in delivery of speed that will happen after a pool of |
| 646 | 01:55:59 --> 01:56:06 | liquidity is engaged. That means if the markets bullish if you think it's gonna go higher, I think it's going to draw up to some level whether it be a high |
| 647 | 01:56:06 --> 01:56:18 | relative equal high in efficiency above market price, whatever that is up there, that your framing as the reason for it, they want to go up. It's far more likely |
| 648 | 01:56:18 --> 01:56:28 | to get up there with conviction and speed. If there has been a short term run on liquidity that's below the marketplace in the form of stops, or sell side |
| 649 | 01:56:28 --> 01:56:40 | liquidity, because the market is going to go down to allow traders to buy those stops. What traders smart money, the algorithm is Cal tailing to them it's a |
| 650 | 01:56:40 --> 01:56:51 | it's a hint it's called handshaking. The market reprice has two levels. So allow handshaking to occur. That's the real term. That's exactly what's going on. And |
| 651 | 01:56:51 --> 01:56:59 | when those orders are being provided to the participants that are on the sideline, you're not seeing their fucking orders on the DOM. The depth of market |
| 652 | 01:57:00 --> 01:57:11 | it's not dome, by the way, Dom when that is showing those numbers and stuff. Their orders are not sitting there. Smart money's orders are not sitting there. |
| 653 | 01:57:11 --> 01:57:17 | They're not they're not fucking sitting there, folks. That's why I'm laughing at you. When you're fucking using it. You're and you're asking me show me your |
| 654 | 01:57:17 --> 01:57:29 | order book show me your level two data. That's fucking bullshit. That's all bullshit. It's spoofing. Their orders are immediately piped in immediately. |
| 655 | 01:57:30 --> 01:57:36 | They're not sitting around waiting for you can read them if they have their orders, the size of their fucking orders, and the volume of their fucking |
| 656 | 01:57:36 --> 01:57:44 | orders. If they were sitting out there where you could see them, you could really read sentiment then they're never gonna fucking let you do that. While |
| 657 | 01:57:44 --> 01:57:56 | the fuck is so hard for you not to see this. Because people on CNBC and people they are allowed to talk on CNBC, they have no fucking real clout on Twitter. |
| 658 | 01:57:58 --> 01:58:09 | I've been on CNBC, so therefore my opinion matters. The fuck out of here. When it drops down to take the sell side when you're bullish, whatever that timeframe |
| 659 | 01:58:09 --> 01:58:18 | is that has the swing low, but it pierces and goes below. As soon as it does that, you have to wait for one candle to be up close. Once it does that, once he |
| 660 | 01:58:18 --> 01:58:31 | does that, then and only then do you drop down to the 32nd chart. And you wait for a fair value, get the form. And and you buy. The best one is the first. But |
| 661 | 01:58:31 --> 01:58:43 | you can take continuous buys on a 32nd every time it creates a fair value got or trades to a down close candle. You treat like a bullish order block. And you can |
| 662 | 01:58:43 --> 01:58:53 | turn that single one contract model over time. If you submit the three months of doing it, you build discipline. And you aim for that liquidity. But here's the |
| 663 | 01:58:53 --> 01:59:05 | thing. You might be just like my son, and you're scared. You can't hold a trade. Okay. Best case scenario put a limit order at 1515 handles, there it is. So |
| 664 | 01:59:05 --> 01:59:15 | you're risking 12 To make 15. That's not that it's a little bit better than one. But most of the time my son has 1011 Maybe a Lebanon has sometimes 12 handles, |
| 665 | 01:59:15 --> 01:59:24 | and he moves his limit order around if he ever uses it. Sometimes he's honest with me, he says that I don't have a limit order because I'm afraid if I put it |
| 666 | 01:59:24 --> 01:59:33 | at 10 and it goes to 15. I'll be upset about that. So he's still not disciplined in that regard. Yet. He's He's growing but this model allows him that growth. It |
| 667 | 01:59:33 --> 01:59:44 | protects him from losing a lot because he can only trade with one contract. He can only take one trade per day, he can only do one thing. And it keeps him in a |
| 668 | 01:59:44 --> 01:59:53 | tight little bubble where he can only like a Petri dish. Okay, I've taken him and I've put him inside of a Petri dish. Okay, this is all you can fucking do. |
| 669 | 01:59:53 --> 02:00:05 | You can bloom and grow all you want but you never getting into that fucking petri dish until I tell you new parameters. So far, his growth is been perfect. |
| 670 | 02:00:06 --> 02:00:17 | It's showing him incremental gains. It's realistic gains. I think, honestly, if everybody out to even people that hate me those results are consistent, are they |
| 671 | 02:00:17 --> 02:00:31 | not? They are, they're not perfect. He's got a 80% strike rate in terms of his trades, at 18 years old. That's fucking phenomenal. That's fucking phenomenal. |
| 672 | 02:00:31 --> 02:00:39 | Don't give a fuck where you came from. That's good shit. But see, you are equating it to some of the things that I've done. Or you see other people do, |
| 673 | 02:00:39 --> 02:00:52 | and they may not even be true. Don't look at the amount of money as the as the reason to say something is good or bad. Because what if you were making $250 a |
| 674 | 02:00:52 --> 02:00:56 | day, that's gonna mean something to you, isn't it, it's gonna mean a whole hell of a lot to you. |
| 675 | 02:01:03 --> 02:01:15 | Whatever you're aiming for, as far as the draw on liquidity, over time, you'll learn to hold it a little bit more. So he has to submit to this for a few more |
| 676 | 02:01:15 --> 02:01:25 | weeks before he's allowed to go for 20 handles. Because he's not going to have great now he doesn't have it yet. He doesn't have the wherewithal to be able to |
| 677 | 02:01:25 --> 02:01:34 | hold the trade for 20 handles because he's nervous. He's afraid he's expecting one of those weird, crazy, big down close candles for wicks that come against |
| 678 | 02:01:34 --> 02:01:41 | him real quick. He's expecting it. That's what he's having in his mind. He thinks you're gonna jump out like a boogeyman. And you're laughing and smiling. |
| 679 | 02:01:41 --> 02:01:53 | And that's exactly how I feel every time I'm going to trade. And you know how you beat that you hate beat that Boogeyman. You just constantly engage. And you |
| 680 | 02:01:53 --> 02:02:03 | desensitize yourself to it. And you see how many times it really manifests itself? It might happen once a month. If you're following rules, if you're |
| 681 | 02:02:03 --> 02:02:17 | bullish, and a stop hunt just takes place on sell stops, chances are they just engaged that liquidity and smart money just went in and added more than the |
| 682 | 02:02:17 --> 02:02:25 | algorithm reprice is higher, not because they bought it not because of the buying pressure. The handshaking element that the algorithm does, it delivers to |
| 683 | 02:02:25 --> 02:02:34 | a pool of liquidity. It doesn't know how many orders are there. It can't know how many orders are there because it's always changing. Orders are coming in and |
| 684 | 02:02:34 --> 02:02:45 | putting pooled, spoofed putting in pull them out like those. That's not a factor when it was coded. It's just where will they be? At what time are we interested |
| 685 | 02:02:45 --> 02:02:57 | in going there. That's how the algorithms coded. So when that handshaking event takes place, and allows the liquidity to be engaged, whether it be purging or |
| 686 | 02:02:57 --> 02:03:10 | engineering new liquidity, that element brings with it a context of what price action should do next. So if you know the likelihood of those stops, above |
| 687 | 02:03:10 --> 02:03:20 | relative equal highs, below relative equal lows, or above a single high or below a single low, you're framing where the liquidity is that the algorithm will |
| 688 | 02:03:20 --> 02:03:31 | refer to. And then you sit there and you Wait, which one is it gravitating to? Whatever one it gravitates to, or starts moving towards closest, you can use |
| 689 | 02:03:31 --> 02:03:42 | this model. And you can take 10 handles, it happens every day. But you want 50 handles, you want 100 handles, you want to make $10,000 in your combine |
| 690 | 02:03:42 --> 02:03:49 | challenge you want to do 15 contracts over leveraged and stress the entire fucking time that you're in a trade worrying about what happens if it doesn't |
| 691 | 02:03:49 --> 02:03:59 | work out. But man, if it really does work out, I made the maximum amount of money. You want to live your life as a trader like that, where everything is a |
| 692 | 02:03:59 --> 02:04:10 | fucking do or die. That's not what professionals do. They go in there and they do something that's absolutely fucking boring. Using a leverage amount that is |
| 693 | 02:04:10 --> 02:04:27 | realistic, it's sane. That means it's not insane. And they are respecting the risk, because they are not perfect. They're not perfect. Cameron has lost a few |
| 694 | 02:04:27 --> 02:04:39 | I don't know how many exact I gotta get the numbers off of the idea of a perfect winning record. He'll lose that eventually. By having 100% strike rate on the |
| 695 | 02:04:39 --> 02:04:57 | day with an 80% Plus win rate, even though that the average profit is small, because of the context of the stats. He's averaging 250 to $240 a day. Do you |
| 696 | 02:04:57 --> 02:05:09 | earn that at your job? Do you earn that in your trading? Right now? Do you feel confident that on Monday that you're going to be able to make 200 plus dollars? |
| 697 | 02:05:09 --> 02:05:16 | absolutely assured that it's going to happen? Do you have that feeling in your, in your fiber in your being as a trader, as a student and someone that's |
| 698 | 02:05:16 --> 02:05:23 | learning how to do this? Are you that confident that you know, absolutely, that, you know, you can walk in there next week, Monday, Tuesday, Wednesday, Thursday, |
| 699 | 02:05:23 --> 02:05:32 | and Friday, walk out of there with 200 plus dollars. And confident that what you're doing is absolutely sound logic. It's not gambling, do you have that |
| 700 | 02:05:32 --> 02:05:45 | right now. He's learning that he's at that point where he's discovering it, and watching him walk around, he walked differently. He walked differently. His |
| 701 | 02:05:45 --> 02:05:53 | shoulders back, he felt good about himself. And for a while, he didn't look that way, when before he started doing this stuff, and trading and before he lost his |
| 702 | 02:05:53 --> 02:06:04 | girlfriend, he has always had that bounce and stuff. He's athletic, he's bigger than I am. He's fucking like at linebacker huge. But I watched him dip down, his |
| 703 | 02:06:04 --> 02:06:14 | self esteem went down a little bit. You didn't have that, that fire in him. Because he thought he's gonna walk out here and conquer the world with carbines |
| 704 | 02:06:14 --> 02:06:28 | and shit. And he discovered that there's a whole lot of things that he brought to it. And it's not easy. It takes time to figure yourself out. And you don't |
| 705 | 02:06:28 --> 02:06:36 | need a whole lot of things and bells and whistles, to work with to do an experiment to discover where your character flaws are. And you have to do that |
| 706 | 02:06:36 --> 02:06:49 | in your humble beginnings. quietly, without the interference of other people's opinions and judgments, telling you you're wasting your time or you're gonna |
| 707 | 02:06:49 --> 02:06:56 | fail or what you're doing is fake or you're learning from a fraud or all that stuff is meant to distract you. That's how the enemy works. That's exactly what |
| 708 | 02:06:56 --> 02:07:06 | he does. And you listen to it, and you ignore all the evidence around you where it does work, and people are making real money. And there's there's no way of |
| 709 | 02:07:06 --> 02:07:21 | escaping the fact that what Cameron's doing is being proven by another entity apart from me. Oh, do a combine ICT, if you can trade, I don't need to do that. |
| 710 | 02:07:25 --> 02:07:36 | I don't need to do that. Look at what my students are doing. And look at my young buck, my 18 year old that thought he knew everything in the beginning. And |
| 711 | 02:07:36 --> 02:07:47 | now he's discovering Wow, this is a lot easier than I thought. That's exactly the right mindset. And then he has a shoulder school back now, he feels good |
| 712 | 02:07:47 --> 02:07:57 | about himself. Not arrogance. It wasn't arrogance. He's had arrogance. And I told you before, if this boy learns what I know and wants to do what he says he |
| 713 | 02:07:57 --> 02:08:05 | wants to do, or what he was wanting to do, he is going to be a menace. He's gonna have a whole lot of fucking haters, and might be drawn to much negative |
| 714 | 02:08:05 --> 02:08:19 | energy on himself. And maybe this is a way that God said, hey, you know, you're in his development, it'll change him changing for the better. Not trying to be |
| 715 | 02:08:19 --> 02:08:39 | like that, like in that in that aspect. But moving forward, I'm challenging you. I'm challenging you to do 90 days of the same thing. One contract, one mini with |
| 716 | 02:08:39 --> 02:08:48 | a demo. Looking for it with a model idea that I just gave you here. It's stripped down, folks, there's, there's nothing that you can deduct from it |
| 717 | 02:08:49 --> 02:08:55 | anymore. It's simple. It's the simplest as there is there's nothing else simpler than that. |
| 718 | 02:09:00 --> 02:09:08 | If you can watch the market in the morning, you look for it there. You can't watch it in the morning, watch it in the afternoon. It's occurring all day long. |
| 719 | 02:09:09 --> 02:09:23 | multiple, multiple times. He's discovering that he has more than one setup per session. Dozens of setups per day. I said that poorly. There's a lot of them |
| 720 | 02:09:23 --> 02:09:35 | there. And that's what these algorithms do all day long. They pipe their orders in boom, boom, boom, boom, boom, boom, boom, boom, boom, boom. And they're |
| 721 | 02:09:35 --> 02:09:43 | sliding themselves in between everybody else's orders and buying and selling. In that volume comes in. There it is. |
| 722 | 02:09:48 --> 02:09:59 | Every single one of you. If you do this, number one, you're going to build a lot of understanding about who you are. You're going to discover that you're not as |
| 723 | 02:09:59 --> 02:10:11 | patient as you Thought you were, you're not going to be surprised when you see how hard it is to stick to this one idea is very hard. But you will not be able |
| 724 | 02:10:11 --> 02:10:22 | to stick to anything else. Risking more money. When that emotional stimuli and Kurt encourage is diminished. When you take a loss when you're trading with the |
| 725 | 02:10:22 --> 02:10:32 | largest leverage, you feel bad, you feel regret remorseful, but not so much that you keep from doing it again, because you'll do it again. This teaches you to |
| 726 | 02:10:32 --> 02:10:44 | fall in love with the process and fall in love with you as the person who you're encouraging and grooming to be the best version of you're reducing all the |
| 727 | 02:10:45 --> 02:10:56 | negative stimuli down to the bare minimum, what you have to concern yourself with one stop loss, it's 12 handles. That's it 12 handles. If it's moving 12 |
| 728 | 02:10:56 --> 02:11:07 | handles, you're absolutely wrong. And you want to be out. And when you do and you get stopped out you stop. Next day, it's a reset, start all over again. Not |
| 729 | 02:11:07 --> 02:11:18 | reset your account, reset your mindset about okay, I'm going I'm looking for setup. And you're using the draw on liquidity as the basis for where the market |
| 730 | 02:11:18 --> 02:11:25 | should be reaching for it over time. And for the folks that feel like they can just go right in there and try to do the draw on liquidity and just use this |
| 731 | 02:11:25 --> 02:11:33 | model as the entry for the thrall you're cheating yourself. Because your expectation is you're eventually going to want to trade with 15 contracts when |
| 732 | 02:11:33 --> 02:11:45 | you can afford to do so you won't be able to hold that trade until you work through one contract. And you hold to 10 to 15 contracts. I'm sorry, pandals |
| 733 | 02:11:45 --> 02:11:52 | rather. And once it does that you get out and you learn to see does it keep going further? Or does it retrace and go against where your stop loss would have |
| 734 | 02:11:52 --> 02:11:59 | been. And then later on resume going higher, because there's going to be times when it's going to happen, Cameron will have that happens and it will happen to |
| 735 | 02:11:59 --> 02:12:10 | him. And I'm interested to share with you his observations, I will sit with him, you will hear His voice he will talk with me and you as an audience member, |
| 736 | 02:12:11 --> 02:12:16 | listening to what he felt, in contrast to what it's been like watching him, build it up. |
| 737 | 02:12:22 --> 02:12:34 | But don't cheat yourself. Don't cheat yourself the opportunity to grow, trusting how to hold on to a trade. This is exactly the perfect learning environment. How |
| 738 | 02:12:34 --> 02:12:43 | to Teach Yourself discipline patients how to follow model and a process adhering to it. Don't doing don't do anything extra beyond that. Don't over leverage your |
| 739 | 02:12:43 --> 02:12:54 | account, you can only do one contract. And kill the whole myth of high are multiple trades is the way to go. Or you can't be profitable. That's bullshit. |
| 740 | 02:12:56 --> 02:13:08 | That's bullshit. Every high frequency trading algorithm has no fucking concern for our multiples, because they're going in there and they're taking bites to |
| 741 | 02:13:08 --> 02:13:22 | take in bites of it. They're not they're fucking trying to take the whole day down. They're just taking a bite in this 10 handles is a bite. And there's a lot |
| 742 | 02:13:22 --> 02:13:33 | of that on the plate every single day. And you only need one of those 10 handles to carve out a model that can make your whole life better. What would 200 bucks |
| 743 | 02:13:33 --> 02:13:46 | a day do for you? Am I selling you a Lambo lifestyle? Fuck now. Am I showing you how you can get your groceries paid for in a month? That's the fucking Lully Am |
| 744 | 02:13:46 --> 02:13:56 | I helping you figure out how you can get that car note covered? Because you just had a separation. And there's now less money coming in. You went from a two |
| 745 | 02:13:56 --> 02:14:04 | income household now the one and what you were feeling confident that together you guys could do it. But now they said they don't want to be with you anymore. |
| 746 | 02:14:04 --> 02:14:15 | And you have fear and anxiety and depression kicking in? How am I going to do it? I got some I got to take care of this is one way you can do that. This is |
| 747 | 02:14:15 --> 02:14:27 | one way you can feel empowered, and feel confident that through this the Lord can increase you. But you have to submit yourself to the process. You have to |
| 748 | 02:14:27 --> 02:14:40 | submit to a role based idea and there is none simpler than this. It'll conquer everything that you're wrestling with. Fear Of Missing Out. Because you're gonna |
| 749 | 02:14:40 --> 02:14:52 | discover man these things happen all day long. Yeah. I missed that one. No, no, you'll never have that feeling. You'll never have that feeling. I never look at |
| 750 | 02:14:52 --> 02:15:01 | a mark and say, oh, man, I miss that fucking move. Where the fuck was I thinking why why why not? Why did I do that? Why did I do this? on what doesn't happen, |
| 751 | 02:15:01 --> 02:15:17 | you will hear me talk like that man. You don't hear me say none of that shit. It's boring as fuck. Because it's the same shit every day. Same time, same |
| 752 | 02:15:17 --> 02:15:31 | channel, precision Incorporated. And it's empowering when you have it. You know, when you share your feelings about it to everyone else that can't do it. It's |
| 753 | 02:15:31 --> 02:15:40 | going to seem like arrogance. It's going to seem like pride. Oh, look at this guy. He's so boastful, his ego so big, you know what the fuck it is. I'm |
| 754 | 02:15:40 --> 02:15:48 | confident. I don't talk in terms that you're used to using with yourself. Oh, I don't know why I can't do this. I'm fear. I'm gonna miss this one. I should have |
| 755 | 02:15:48 --> 02:15:59 | did this and should have that done. Oh, that's the feeding terms. That's that's a it's a vocabulary that a failure fucking holds on to. You choose to hold those |
| 756 | 02:15:59 --> 02:16:16 | words, near and dear to your heart. I don't I'm more than an overcomer I am a conqueror. I am not teaching you to be complacent. mediocrity. You're not |
| 757 | 02:16:16 --> 02:16:26 | destined for that. You're not destined for that. The fact that you're still listening to me, is a testimony to that. Because you're getting fed. You feel |
| 758 | 02:16:26 --> 02:16:34 | it, you're getting sustenance from it, you're being reminded that you are not what you've been telling yourself, you are as a failure, you're not a failure, |
| 759 | 02:16:34 --> 02:16:46 | you're in progress. You are a work in progress. They needed to put a construction sign in front of your house. Under Construction, because your shits |
| 760 | 02:16:46 --> 02:16:54 | about to change, everything's about the change, your perspective has to be the first thing that does change. Because until you can see it. So you cast forth a |
| 761 | 02:16:54 --> 02:17:06 | vision, write it down, make it plain, make it clear and pursue it and overtake it. That's what you have to do. You have to have these humble beginnings. You |
| 762 | 02:17:06 --> 02:17:20 | have to plan it out. That way you have a reason to do or not do something and not be reactive. And over time, you will discover you are disciplined. You are |
| 763 | 02:17:20 --> 02:17:31 | patient, you will wait for your setup, you will not predict your setup. you're anticipating it and when it's laid before you, you enter it, your stock is |
| 764 | 02:17:31 --> 02:17:40 | absolutely entered. And you're not fearful that it gets hit. Over 90 days, you'll look back how many times you get stopped out. How many times did you |
| 765 | 02:17:40 --> 02:17:48 | lose? What was your net profit? How many times did you have winners? When did the winners really work? What were the losers? Why did they fail? What time of |
| 766 | 02:17:48 --> 02:17:57 | day? Was the economic calendar like the day before the day of the day after on the days you lost? What was it like that on the day that you won? How did you |
| 767 | 02:17:57 --> 02:18:10 | feel when you lost? How did you feel when you won? What fears and concerns that you have you journal all that but you do not journal in a way where you kick |
| 768 | 02:18:10 --> 02:18:17 | yourself down and make yourself feel defeated. Oh, I fucked that up. Oh, this is bullshit. I'm never gonna make this real. I'm wasting my time doing this. |
| 769 | 02:18:20 --> 02:18:29 | Everything is an opportunity for you to encourage yourself cheerlead yourself. That's exactly what your journal is for. Because nobody is going to be there to |
| 770 | 02:18:29 --> 02:18:38 | do it for you. Nobody. You get that feeling when I'm talking to you like this, but it stops as soon as you stop listening to this. And you go back to your |
| 771 | 02:18:38 --> 02:18:49 | regular world. Think about everything you're doing when you start trading it next week. You're gonna be armwrestling fear, uncertainty, in the looming sense |
| 772 | 02:18:49 --> 02:18:58 | that you're going to fail, and I'm probably going to be wasting my time and I'm going to feel demoralized, if that's the case. That's all what everybody feels |
| 773 | 02:18:58 --> 02:19:10 | when they're trading. Your first thing, everybody thinks and feels just like that. It's normal. And you're looking for some way to avoid that. And I'm |
| 774 | 02:19:10 --> 02:19:20 | telling you, you got to walk right up to it. Flick it into fucking nose and say, I'm not deterred by you ditch. I'm here for it. And I'm walking through you. And |
| 775 | 02:19:20 --> 02:19:39 | once you do that, with fear of missing out lack of discipline, impatience. Greed. Will you get left? All upside? All upside? Doesn't mean you'll never have |
| 776 | 02:19:40 --> 02:19:50 | a losing trade. No. It just means when you do it's fucking nothing. It's a paper cut, who gives a shit. But when you make everything about image and make |
| 777 | 02:19:50 --> 02:19:58 | everything about stats and keeping up with the Joneses and outperforming this person and that person, you have made an elevated trading to a level that's not |
| 778 | 02:19:58 --> 02:20:13 | required. You already are compounding the difficulty in something that need not be added to. But social media does that. It creates competitions when there is |
| 779 | 02:20:13 --> 02:20:18 | none. It presents drama for you to worry about when there shouldn't be any. |
| 780 | 02:20:26 --> 02:20:37 | humble beginnings folks, all of you have the opportunity to have that now, even if you've been profitable, even if you've been contemplating, you're trying to |
| 781 | 02:20:37 --> 02:20:45 | do something new with the stuff I teach, and you're already doing things on your own doing something else. Try this model, try this approach to doing it, |
| 782 | 02:20:46 --> 02:21:07 | studying it, seeing how people can grow, develop, with the least. And I want to inspire you to think about where you might be next year. If you've done this |
| 783 | 02:21:07 --> 02:21:14 | project with yourself, if you walk forward with it for the next 90 days, and you submit yourself to this process. That doesn't mean don't do everything else that |
| 784 | 02:21:14 --> 02:21:24 | you're already doing. But at least try this. Just try it. That's all just try it and see what you learn about yourself. See what you discover about how you view |
| 785 | 02:21:24 --> 02:21:38 | price and how you look at yourself in terms of KPIs. Okay, these measurements, statistics, if it helps you determine how well you're doing in progress. And |
| 786 | 02:21:38 --> 02:21:47 | imagine what you'll feel when you get to the point where after 90 days, you can start doing it with two contracts. Do that for two weeks. And then after two |
| 787 | 02:21:47 --> 02:21:55 | weeks, if you're successful doing it there, then go to three contracts for two weeks. If you're finding the same routine and rhythm there, after those two |
| 788 | 02:21:55 --> 02:22:06 | weeks, go up one more contract. And you do that continuously. Until you get to 10 contracts, and then plateau there and spend a few months doing just that. At |
| 789 | 02:22:06 --> 02:22:19 | that point, folks, you've literally are at a level that you're in the upper 5% of traders, like you are dealing numbers and consistency that any institution |
| 790 | 02:22:19 --> 02:22:33 | would love would fucking love for you to be able to prove that you can do that with their funds. Over time, it grows more and more and more, but you have to |
| 791 | 02:22:33 --> 02:22:40 | allow for the incremental growth. You don't want it right now because it's uncomfortable. It takes a long time. It's like anybody wants to go to the gym |
| 792 | 02:22:40 --> 02:22:47 | and work out. Maybe over the holidays, they put on a couple pounds and they want to get shredded, because spring will be here soon they want to start working |
| 793 | 02:22:47 --> 02:22:54 | out. They might join the gym, they might go there for the first few times. And all of a sudden, I ain't gone gender, I got something else to do. And then all |
| 794 | 02:22:54 --> 02:23:04 | sudden, they're not doing anything except for paying for the gym membership. And they're gaining more weight getting more unhealthy. In the whole time. They're |
| 795 | 02:23:04 --> 02:23:13 | lying to themselves in the mirror. ain't that bad looking? My love handles ain't that bad. My shirts feel a little bit more tighter than it used to be. It's |
| 796 | 02:23:13 --> 02:23:24 | alright, who cares, I'm married, right? Make all these excuses. In an incremental movement away from your goal. You're willing to accept those. But |
| 797 | 02:23:24 --> 02:23:33 | you're not willing to put in the effort to do these incremental gains and goal movement further away to a goal that's worth holding and striving for. It's |
| 798 | 02:23:33 --> 02:23:40 | funny how that works. It's just like when you hold your trades that are losing, you're willing to hold it. You're willing to hold on to that trade. It's a |
| 799 | 02:23:40 --> 02:23:50 | losing trade, you know, it's a losing trade, but you just can't let go of it. There's something in you that's holding you back. From just taking that loss. |
| 800 | 02:23:50 --> 02:24:00 | You need to discover what that is. I don't know what it is I'm not equipped to be able to do that. Because different for all of us. Me when I was new, I didn't |
| 801 | 02:24:00 --> 02:24:08 | want to let go of a losing trade because I wanted to be right. Because everybody around me said I was wrong about trying to attempt it. To think that I was gonna |
| 802 | 02:24:08 --> 02:24:16 | be better than anybody else in our family to feel like I was going to be a success story because everyone around me was a failure. My friends, my family |
| 803 | 02:24:16 --> 02:24:26 | members, none of us except for my aunt. Mani and she she was on when I graduated high school. Well, my uncle obviously went to college and got a business degree |
| 804 | 02:24:26 --> 02:24:41 | later on. Finished it in his 40s was managing a KFC then tried to be a stockbroker and failed. He was the one that made the money in the 83 with sugar |
| 805 | 02:24:42 --> 02:24:50 | about the condominium down and he said he was the one that was talking to me. I was 14 1516 years old. Well, the only thing I was interested in was martial arts |
| 806 | 02:24:50 --> 02:24:58 | and he was trying to tell me, go to school get a good job as an electronic technician and learn how to trade futures and options Michael the richest people |
| 807 | 02:24:58 --> 02:25:10 | in the world trade futures and options At 14, nobody gives a fuck. Nobody gives a fuck at 14 years old about that. But I was being groomed. I was being groomed |
| 808 | 02:25:10 --> 02:25:20 | back then everything was being laid out in front of me. And I was resisting it even then, which is understandable. But you're being presented the same thing |
| 809 | 02:25:20 --> 02:25:30 | right now and you're gonna make excuses why you don't want to do it. I don't want to do it. I'm just gonna stick to his silver bullet says it's better to do |
| 810 | 02:25:30 --> 02:25:42 | that. This is silver bullet. Silver Bullet is simply a run to a fair value gap. Towards liquidity pool. That's it. That's a silver bullet. Yeah, because it |
| 811 | 02:25:42 --> 02:25:48 | gives you every ingredient to a trader, you're looking for it. That's why I dubbed it silver bullet. You're all looking for a silver bullet way of trading. |
| 812 | 02:25:48 --> 02:25:58 | And I thought to myself, You know what I say that so many times critiquing their expected expectations as a new trader. I'm just going to create that model. And |
| 813 | 02:25:58 --> 02:26:06 | we'll call it that. And that's why silver bullet was named that it answers all your fucking problems if you just do everything I'm telling you to do and avoid |
| 814 | 02:26:06 --> 02:26:15 | things I tell you to avoid. If you do those things, the answers everything for you. It gives you a time when the trade there's no guesswork, it's going to form |
| 815 | 02:26:15 --> 02:26:25 | in that hour. It's going to run towards a liquidity pool. That's obvious to you. If you study inside that hour. What is it gravitating to? What 15 minutes, or |
| 816 | 02:26:25 --> 02:26:36 | hourly high or low? Is it reaching for who gives a fuck with the biases? If it allows for at least where you see that fair baguette forming, if it is allowing |
| 817 | 02:26:36 --> 02:26:48 | you at least 15 handles it's tradable in it need not have the 15 handles to reach to that pool of liquidity. It's aiming for where you believe it's aiming |
| 818 | 02:26:48 --> 02:26:58 | for. It just gives you the opportunity to take 10 handles out. I'm afraid to hold to the targets okay. Don't hold to the target. Take something out before. |
| 819 | 02:26:58 --> 02:27:07 | Isn't that what a fucking partial is? Yes. Why are you arguing about its money? It's 100% Fucking profitable. Why are you arguing it? Why are you wrestling with |
| 820 | 02:27:07 --> 02:27:16 | me about taking fucking money out of the marketplace? Why are you arguing about being fucking paid? Do you go to your boss say fuck you. Fuck you. You will not |
| 821 | 02:27:16 --> 02:27:24 | pay me on fucking payday. I'm not taking it today. I'm gonna fucking wait until next week. I'm not catching my fucking check bitch. Stop trying to give me |
| 822 | 02:27:24 --> 02:27:32 | money. That's the same mentality. Your fucking have been wrestling with me. I don't want to take partials. That's stupid. Okay, stay fucking broke. stay stuck |
| 823 | 02:27:32 --> 02:27:39 | and unprofitable students. They are unprofitable fucking traitor. Keep doing ship fast backwards in fucking doing it wrong. Why are you watching me? If you |
| 824 | 02:27:39 --> 02:27:46 | got it all figured out? Why the fuck are you trying to watch my shit. If you got it all figured out. You're gonna wrestle me about taking partials. It's a |
| 825 | 02:27:46 --> 02:27:59 | crutch. It's to help you grow. So that way you can do full pools for pools or when you get into the trade. And you hold for your targets, no partials. That |
| 826 | 02:27:59 --> 02:28:06 | only that only comes when you have conviction about what it is you're trading, you understand you as a trader, you're not worried about doing it wrong, you're |
| 827 | 02:28:06 --> 02:28:15 | not worried about getting stopped out, you're not worried about anything you trust that models delivering. I'm afraid that most of you do not want to accept |
| 828 | 02:28:15 --> 02:28:29 | the fact that it's going to take you a long time to get to that point. Far, much more time than you think it will when you first start. And that's a normal |
| 829 | 02:28:29 --> 02:28:40 | feeling. It's a normal experience for people to do that in trading. And only the people that wrestle themselves into submission. So you know what, maybe this is |
| 830 | 02:28:40 --> 02:28:47 | going to take a little bit longer than I wanted to. Maybe it's going to take me a little bit longer to start taking bigger money profits out of the marketplace |
| 831 | 02:28:47 --> 02:28:56 | than I expected it to. But this is a worthwhile engagement. If I'm not going to do this, what else am I going to do? Am I going to be able to make more money |
| 832 | 02:28:56 --> 02:29:05 | from the job I'm working right now? Are they going to give me 200 hours more a day in pay? Is your boss going to give you $100 More a day? Because you need it? |
| 833 | 02:29:06 --> 02:29:16 | Because you need it to make ends meet better than they meet right now. For for the first time? Fuck no, he's not going to do that. Or she. They're not going to |
| 834 | 02:29:16 --> 02:29:24 | do that for you folks. So you have to do what you have to take the initiative to do it on your own. And the only thing I'm submitting to you is just another way |
| 835 | 02:29:24 --> 02:29:37 | of doing it. It isn't the only way. It's just one simple way that my son himself at 18 years of age with no experience being profitable prior to you're seeing it |
| 836 | 02:29:37 --> 02:29:47 | happen right now. Real time every single time is an adjustment is in his equity. I share it with you. We logged into his account showed you his day by day |
| 837 | 02:29:47 --> 02:30:01 | progress. It's absolutely undeniable. It's real. It's not fake. It's not a rented empty for server. He's making it work for himself. And while yes, 2500 |
| 838 | 02:30:01 --> 02:30:14 | hours is not a lot of money, but guess what to an 18 year old? It's fuckin is. It is. And what happens if it amounts to me with losing trades? He only does |
| 839 | 02:30:14 --> 02:30:24 | that over the course of a full month. Is that failure? I would submit that it's not. I wouldn't I wouldn't call that failure. |
| 840 | 02:30:25 --> 02:30:37 | What happens if his strike rate drops down to 50%? But he's still profitable 1500 hours a month? Is that failure? No. But some of you would criticize that |
| 841 | 02:30:37 --> 02:30:49 | and say, Oh, it's only 5050. But you're not making any money. You're talking shit. That's what social media does. It invites assholes to communicate with you |
| 842 | 02:30:49 --> 02:31:02 | when it was unsolicited. It makes an invitation to ignorant people that are only interested in seeing you become miserable like them. You're going to discover |
| 843 | 02:31:02 --> 02:31:13 | when I leave in November, that your best learning comes after that. Doing everything I told you to do, and avoiding things I told you to avoid. Your best |
| 844 | 02:31:13 --> 02:31:24 | learning is coming after November 11. You don't see it. Some of you are fearful. And you're you're like, I don't want you to leave. I want you to stay here. I'm |
| 845 | 02:31:24 --> 02:31:36 | encouraged by you. But that's the problem. That's the problem. You're all comfortable in the nest. I'm kicking you to fuck out of here. You're not |
| 846 | 02:31:36 --> 02:31:45 | supposed to live with me forever. I'm not supposed to be with you forever. I taught you how to do it. I taught you how to fly. And when the mom and dad says |
| 847 | 02:31:45 --> 02:31:54 | it's time for that eagle to get the fuck out of the nest, they boot their fucking eyes out. Three tell you a quick story. And I'm going to end eagles are |
| 848 | 02:31:54 --> 02:32:03 | very interesting. Animals. Very interesting animals, you know, they their vision, they have telescopic vision, that means they can stand on one field goal |
| 849 | 02:32:03 --> 02:32:14 | post or football field and zoom in on a quarter by 25 cent piece in the US currency, they can see that laying on the ground, but the other end 100 yards |
| 850 | 02:32:14 --> 02:32:27 | away. And people say there's no creator. Well, an eagle, it goes through periods of its life where it looks for a mate. And when it finds a mate it mates for |
| 851 | 02:32:27 --> 02:32:38 | life one mate it doesn't. It doesn't go around in horror around with anybody else. It finds a mate in the female Eagle. what she'll do is she'll, she'll fly |
| 852 | 02:32:38 --> 02:32:49 | around and see if the male Eagles going to be committed to stay with her. And eventually, when she feels like she is willing to test his ability to be the |
| 853 | 02:32:49 --> 02:33:01 | father of their Eaglin. Together. She'll go down, and she'll pick up a branch or a twig. And she'll fly really, really high in the mail eagle will fly up there |
| 854 | 02:33:01 --> 02:33:10 | with her. And then what she'll do is she'll drop that branch, and that male Eagle better get his fucking ass down there and catch that thing before hits the |
| 855 | 02:33:10 --> 02:33:23 | ground. If it hits the ground, she turns him away. She will not meet with him. What does that practicing. Because in the beginning process. When the Eagles are |
| 856 | 02:33:23 --> 02:33:36 | at the point of almost ready to fly, the mother will shove one of them out to show the other eagles and the eagle itself that it needs to learn how to fly. |
| 857 | 02:33:36 --> 02:33:45 | It's not meant to live in a nest. You're not You're not meant to be under my tutelage forever. You're not meant to be in the nest of a demo forever. You have |
| 858 | 02:33:45 --> 02:33:55 | to start doing things and it's going to be scary for you to be out there where you can hurt yourself. But the male Eagle what he does is he lets the eagle drop |
| 859 | 02:33:55 --> 02:34:06 | for a little while. Then he swoops down and catches it before it hits the ground and kills it. carries it back up into the nest and shows the mother that yes you |
| 860 | 02:34:06 --> 02:34:16 | pick the right father. I got us I got our children. But that eagle it is now been introduced to the idea that I better flap my fucking wings. Because what |
| 861 | 02:34:16 --> 02:34:25 | happens if dad doesn't get to me in time. They have to do what they have to trust the process of being uncomfortable and eventually finding their wings in |
| 862 | 02:34:25 --> 02:34:43 | flying. At some point one of those Eagles will probably be passed away before the other in many times, they go through depression and they start flying and |
| 863 | 02:34:43 --> 02:34:58 | they start walking around on the ground. Their claws start becoming deformed in their beaks. They start molting where you get this like cast of calcification |
| 864 | 02:34:58 --> 02:35:11 | around their beak in Many times unless they change the way they're doing things, they'll die in that state. Other Eagles will come. And they'll drop food down to |
| 865 | 02:35:11 --> 02:35:25 | them because they're no longer flying and hunting for it. And people say there's no Creator. The other Eagles encourage the other Eagle that's in depression, to |
| 866 | 02:35:25 --> 02:35:38 | beat their own beaks against the rocks, to break the calcification and take flight. The ones that don't want to listen to sound advice, and logic and |
| 867 | 02:35:38 --> 02:35:46 | encouragement to follow the process that they're not supposed to be walking around on their claws. They have wings, they're majestic, beautiful creation, |
| 868 | 02:35:47 --> 02:36:00 | creations and creatures of the world that God's presented us about the full testimony of creation. A buzzard ain't gonna hang around a buzzard, it's |
| 869 | 02:36:00 --> 02:36:11 | depressed, it's going to sit around, wait for it to die and eat it. In Eagle, when it sees another one, in lack in in suffering, it cares to it, it drops food |
| 870 | 02:36:11 --> 02:36:22 | down to it, and it goes down. They're not just one of them, several of them, and they build them up, or her up, say, Look, don't stay depressed like this. This |
| 871 | 02:36:22 --> 02:36:31 | is not what you were meant to be. You were not meant to be walking around on your claws. You're supposed to be soaring high. You need to be up here, like us, |
| 872 | 02:36:31 --> 02:36:38 | come back up here. We gave you something to eat, strengthen yourself, but you have to beat yourself out of this. That means that the ego will walk over to a |
| 873 | 02:36:38 --> 02:36:50 | rock and bang its beak against it until it gets all the calcification off of it. So that way you can go and fly and hunt and soar again, every single one of you |
| 874 | 02:36:50 --> 02:36:59 | are going to go through that period in your trading, you're going to go through drawdown, you're going to be molting. And you can choose to stay in that grief |
| 875 | 02:36:59 --> 02:37:08 | you can choose to stay in that depression. Or you can use these discussions I've given you here that are in recordings and stir you up. Remind you that you're |
| 876 | 02:37:08 --> 02:37:22 | not supposed to be what you are afraid of. Never escaping mediocrity, lack, not being able to meet your bills, not making your ends meet. That's something |
| 877 | 02:37:22 --> 02:37:34 | that's a decision that you're staying in your doing that there's no excuse for you not to be able to do it now. It's just the effort and time it's required. So |
| 878 | 02:37:34 --> 02:37:42 | you're gonna have to beat your fucking head against this fucking rock. Break this calcification off. Listen to good advice that's being provided to you, I'm |
| 879 | 02:37:42 --> 02:38:01 | feeding you, I'm throwing you fish. And I've already taught you how to fish it's time for you to mount up. Get to those higher heights. You're not a buzzard. |
| 880 | 02:38:03 --> 02:38:15 | You're not somebody eatin dead, decaying things. You're thriving, you're excelling, you're elevated above everything else that this world wants to say |
| 881 | 02:38:15 --> 02:38:23 | that you're only due to receive this as the best you can have the American dream, there it is debt, 30 years in debt for the mortgage. That is a fucking |
| 882 | 02:38:23 --> 02:38:36 | lie in a trap. Look past that higher up, had the perspective of an eagle. You see things differently. And you know, it also is different. All the problems |
| 883 | 02:38:36 --> 02:38:47 | that are down here on on the ground. There are a lot smaller to an eagle because his perspective is so high. All your problems right now, you're living with |
| 884 | 02:38:47 --> 02:39:02 | them. They're big. They're real big. And when the eagle was molting, to depressed, they forget the majesty of being up in their height, flying, just |
| 885 | 02:39:02 --> 02:39:11 | opening their wings and letting the current just allow them to be aloft. And they're depressed and they think they know that they could do that they did it. |
| 886 | 02:39:14 --> 02:39:25 | But they're depressed. They lost their their life mate. And they're depressed. And Eagles look after their own. That's what makes them a wonderful creature. |
| 887 | 02:39:25 --> 02:39:37 | That, to me is a testament to their as a creator. They have empathy for one another. They take care of one another. And I am trying to be that dead Eagle. |
| 888 | 02:39:38 --> 02:39:44 | Yes, sometimes I'm going to kick you out of the nest. I'm going to tell you, it's this is what's going to happen and it's normal. But eventually there's |
| 889 | 02:39:44 --> 02:39:57 | gonna be a real time where I'm going to let you fall. I'm not going to swoop down after November 11. And I'm being honest and upfront with you so that way |
| 890 | 02:39:57 --> 02:40:14 | you know I have scheduled on departure I have done this and you have everything that you need everything else is this your effort, but you're gonna have to beat |
| 891 | 02:40:14 --> 02:40:26 | yourself out of that depression and that fear of wanting to be ground level when you're not meant to be ground level so hopefully you got something out of this |
| 892 | 02:40:26 --> 02:40:28 | one today. I enjoyed talking with y'all. |
| 893 | 02:40:29 --> 02:40:40 | Well, it looks pretty ominous outside so they're gonna go out there and watch health for the submarine. Grab some meat, and I'm going to wish you a very |
| 894 | 02:40:40 --> 02:40:45 | pleasant weekend. Enjoy yourselves. Until I'll talk to you next week. Be safe |