057-ict-tw-spaces-2023-10-21-Lifts-You-Like-A-Feather

Last modified by Drunk Monkey on 2024-09-25 09:01

1	00:01:06 --> 00:01:10	ICT: This Good morning, you guys could be so kind as to let me know you can
2	00:01:10 --> 00:01:14	hear the volumes. Okay, it's gonna be a five by five I appreciate it and check
3	00:01:14 --> 00:01:15	in on Twitter
4	00:01:32 --> 00:01:37	you know medicine trader William Mr. Wickes. Thank you so much. stuff. Thank
5	00:01:37 --> 00:01:45	you. Alrighty. Alright, so if there's like a lifetime since the last time I'm
6	00:01:45 --> 00:01:49	done, what are these? I'm not sure if it feels the same for you, but I feel like
7	00:01:49 --> 00:02:02	I've been away for too long. So as the title suggests, here, I titled face
8	00:02:02 --> 00:02:09	shock on Saturday, lifts you like a feather? And admittedly, as I mentioned,
9	00:02:09 --> 00:02:13	this morning, I had a pretty interesting Dream, which I'm not going to talk about
10	00:02:13 --> 00:02:21	that, by the way. And I'm sure for the folks that are interested in lucid
11	00:02:21 --> 00:02:26	dreaming and all that, I could probably weave that into another Twitter space of
12	00:02:26 --> 00:02:29	another topic outside of trading. It's going to be outside the scope of today.
13	00:02:29 --> 00:02:37	But admittedly, it was a heavy influence today. Because I thought I thought about
14	00:02:37 --> 00:02:43	basically, what is it I want to talk about going into this weekend, I thought
15	00:02:43 --> 00:02:47	about this entire week, I wanted to come up with something that was engaging, I
16	00:02:47 --> 00:02:54	want to have something that would be helpful, impactful, and try to promote
17	00:02:54 --> 00:03:09	some kind of well, performance, some kind of improvement, some clarity, the
18	00:03:09 --> 00:03:18	type of discussion today. A lot of the questions I saw, they were coming to me
19	00:03:18 --> 00:03:27	to my videos section, where the section Comments area are open. A lot of people
20	00:03:27 --> 00:03:35	asked, like, how do I know when not to trade? And can I talk a little bit about
21	00:03:35 --> 00:03:41	that? And what are the things that help pinpoint those things for you, as a
22	00:03:41 --> 00:03:45	student that are trying to learn what it is I'm teaching, and hopefully try to
23	00:03:45 --> 00:03:50	adopt some of the mindset things that I've acquired over the years that helped
24	00:03:50 --> 00:03:56	me to mainly avoid losing, where as a younger man, I was more prone to losing,
25	00:03:57 --> 00:04:01	jumping into these environments. So I will talk a little bit about that today.
26	00:04:02 --> 00:04:10	But understand that it's normal for you, as a trader, as someone that's new,
27	00:04:10 --> 00:04:14	trying to learn how to do this, to feel like you have to do it all the time.
28	00:04:15 --> 00:04:21	Otherwise, it feels counterproductive. And it seems counterintuitive, that you
29	00:04:21 --> 00:04:27	should try to learn how to trade to learn how to trade less. But that's in
30	00:04:27 --> 00:04:32	fact what you should do. And doesn't feel that way. It doesn't feel that way
31	00:04:32 --> 00:04:38	because of the way the industry is built around. commission based activity.
32	00:04:39 --> 00:04:44	Everyone trying to get a piece of the action and you have educators are trying
33	00:04:44 --> 00:04:51	to sell you something and I used to be one of them. You have brokerage firms
34	00:04:51 --> 00:04:57	that want to charge you commissions and fees. You have services and software's
35	00:04:58 --> 00:05:04	that what I'm trying to get by In the action as well. And all those things,
36	00:05:05 --> 00:05:10	all those outside influences, they're all gonna get paid before you do. Just
37	00:05:10 --> 00:05:16	like a job, tax man cometh. You can't escape it. Okay? No matter how much
38	00:05:16 --> 00:05:19	money you have, in some way, shape or form, if you're buying something, or if
39	00:05:19 --> 00:05:21	you're selling something, if you're acquiring something, or running a
40	00:05:21 --> 00:05:27	business, to some degree, you're gonna, you're gonna pay something in taxes. But
41	00:05:27 --> 00:05:35	in the pursuit of profitable, consistently, profitable trading, the
42	00:05:35 --> 00:05:41	common denominator is avoiding overexposure and over leveraging. Now
43	00:05:41 --> 00:05:45	over exposure and over leveraging, it's not me amplifying the same thing, two
44	00:05:45 --> 00:05:53	different things here. over exposing yourself and your account to risk is not
45	00:05:53 --> 00:05:59	the same thing as over leveraging, okay, so to eliminate the over leveraging
46	00:05:59 --> 00:06:03	point of it, because it's easier to do that and shorter, over leveraging it
47	00:06:03 --> 00:06:09	simply adding more contracts, then you should be willing to take or that you
48	00:06:09 --> 00:06:15	should be allowed to do. Because there's an absorbent amount of risk associated
49	00:06:15 --> 00:06:19	with trading more contracts. And a perfect example would be others use of
50	00:06:19 --> 00:06:24	props from models, because they unfortunately are guilty of this.
51	00:06:26 --> 00:06:36	Allowing 15 contracts for $150,000, combine or whatnot. And only offer you
52	00:06:36 --> 00:06:43	amount of pseudo leverage or leverage, but the drawdown before they take away
53	00:06:43 --> 00:06:48	the ability to trade that combine or account. It's disproportionate, it
54	00:06:48 --> 00:06:53	shouldn't be allowed. And I think that that is one of the things that should be
55	00:06:53 --> 00:06:56	cleaned up. If you're going to see the prop firm industry continue, I think
56	00:06:56 --> 00:07:01	that they should be more realistic, if they're really in it to help you when
57	00:07:01 --> 00:07:07	they shouldn't allow you to blow your brains out. Because if it's their model
58	00:07:07 --> 00:07:11	to try to coax you into doing it properly, and trade like a professional
59	00:07:11 --> 00:07:14	professionals don't trade with 15 contracts when they're only allowed to
60	00:07:14 --> 00:07:19	lose, you know, a couple $1,000 It just completely flies in the face of sound
61	00:07:20 --> 00:07:26	logic. So over leveraging is not what I'm talking about when I say over
62	00:07:26 --> 00:07:30	exposing. So over leveraging is simply doing too many contracts per trade,
63	00:07:31 --> 00:07:36	opening yourself up to monetary risk that is exorbitant based on the equity
64	00:07:37 --> 00:07:43	base that you're working with. So with that out of the way, over exposing
65	00:07:43 --> 00:07:50	yourself. That means going in more times than you should pursuing chasing
66	00:07:50 --> 00:07:56	opportunities that you want there to be opportunities in these conditions, what
67	00:07:56 --> 00:07:59	conditions whatever that condition is that allows you for you to sit in front
68	00:07:59 --> 00:08:06	of the charts. at them, markets are open. Prices are fluctuating. You think
69	00:08:06 --> 00:08:13	that it's now open season, it's hunting season, maybe. But understand this,
70	00:08:14 --> 00:08:20	while you may adopt that mindset, that it's open season for you to go out there
71	00:08:20 --> 00:08:24	and start seeking opportunities to be Elmer Fudd, and have your little shotgun
72	00:08:24 --> 00:08:29	in him. You want to go out there and chase Bugs Bunny. You want to go out
73	00:08:29 --> 00:08:34	there and chase Daffy Duck. If you don't know who that is, it's in the States.
74	00:08:34 --> 00:08:38	They're cartoon characters. And everybody starts off at the beginning of
75	00:08:38 --> 00:08:42	the week. They're all out there like me, let's go, I'm going to find me an
76	00:08:42 --> 00:08:47	opportunity. I'm going to take me something home. And because the markets
77	00:08:47 --> 00:08:53	are trading, there's opportunities to trade and everybody has this idea of
78	00:08:53 --> 00:09:01	what makes the markets go up and down. You over expose yourself to what you
79	00:09:01 --> 00:09:08	think is a plethora of opportunities 24/7 the only opportunity that exists in
80	00:09:08 --> 00:09:19	that mindset or that reality is the market itself sees all of us as us being
81	00:09:19 --> 00:09:25	served up on a dish like a plate for it to devour. See the market can chew us up
82	00:09:25 --> 00:09:36	ICT included in bite me chew me up and take from me. So I have to learn to
83	00:09:36 --> 00:09:41	avoid certain certain circumstances. Over the years I've done that. I didn't
84	00:09:41 --> 00:09:46	do it quickly. I didn't try to get through it fast, because I didn't
85	00:09:46 --> 00:09:50	understand that it was something that I would incur or had to go through because
86	00:09:50 --> 00:09:55	I was too limited in my understanding as a 20 year old when I first started. The
87	00:09:55 --> 00:09:59	books didn't talk about these things they just talked about following your
88	00:09:59 --> 00:10:06	setup. keeps pushing your edge trying to do more. Very little was ever spoken
89	00:10:06 --> 00:10:10	about doing the least. And if you think about it, it would be very hard to
90	00:10:10 --> 00:10:18	market that. Even today. You're going back to the 90s 1990s, for the folks
91	00:10:18 --> 00:10:25	that are millennial, like my younger son says that you're from the 1900s. Like,
92	00:10:25 --> 00:10:33	it's like it's like centuries ago. But in trading, you know, a lot of the
93	00:10:33 --> 00:10:38	industry today is young folks. And it's habit your way right now. mentorships.
94	00:10:38 --> 00:10:43	They don't want instant gratification. They want instant feedback where
95	00:10:43 --> 00:10:48	profitability is overnight, and it's shared. And they don't like to be told
96	00:10:48 --> 00:10:53	or reminded or encouraged that it's going to take a lot more time, a lot
97	00:10:53 --> 00:10:57	more energy and effort to get to that point. And some of you are going to
98	00:10:57 --> 00:11:01	fail, not because of the things that you learn from me or anyone else. It's just
99	00:11:01 --> 00:11:03	simply that you're not equipped to do this and doesn't mean that you're
100	00:11:03 --> 00:11:08	forever, ill equipped. It just means for that moment in time, you may be ill
101	00:11:08 --> 00:11:14	equipped. And you will have to accept that you will fail on a temporary now
102	00:11:14 --> 00:11:21	that stays temporary. If you allow it, but it becomes final when you choose it
103	00:11:21 --> 00:11:26	to be. So taking breaks, calling it quitting whatever as normal. I did that
104	00:11:26 --> 00:11:28	I did it dozens of times as a young man.
105	00:11:30 --> 00:11:36	But overexposing yourself is constantly seeking opportunities. And insisting
106	00:11:36 --> 00:11:41	that they're, they're forcing them. And because you know that there's a
107	00:11:41 --> 00:11:49	likelihood there's a potential for the market to create opportunities where it
108	00:11:49 --> 00:11:53	might be big news. this coming week, it might be big news in this coming trading
109	00:11:53 --> 00:12:02	session. There might be large range expansion days, your commodity trader,
110	00:12:02 --> 00:12:07	we could see limit up or limit down days where the opening is the only
111	00:12:07 --> 00:12:10	fluctuation in price from the previous day's close, meaning that wherever the
112	00:12:10 --> 00:12:15	previous day's close was, when that commodity would start its trading for
113	00:12:15 --> 00:12:21	the day, it opens, limit up the highest it can move, the maximum amount of
114	00:12:21 --> 00:12:25	fluctuation in movement from the previous day's settlement price is not
115	00:12:25 --> 00:12:30	allowed to go any higher. And it doesn't trade off that it just stays there. So
116	00:12:30 --> 00:12:35	when you look at a chart, it just looks like a little hyphen, a little dash, the
117	00:12:35 --> 00:12:39	open and closes the same price. That's a limit up move and vice versa, you know,
118	00:12:39 --> 00:12:45	markets going down. And it's dramatically being repriced not buying
119	00:12:45 --> 00:12:49	and selling pressure. And that's how you know it's a myth. Buying and selling
120	00:12:49 --> 00:12:55	pressure is a myth. That's not what causes prices to go up and down. Because
121	00:12:55 --> 00:12:58	if that was the case, you're trying to tell me not make this argument all the
122	00:12:58 --> 00:13:07	time. elimite up day, it's locked limit up. Okay. Why can't I and why couldn't I
123	00:13:07 --> 00:13:13	sell out of my position? I wanted to take profit. I couldn't you're trying to
124	00:13:13 --> 00:13:18	tell me that that doesn't when there's not one person out there that were
125	00:13:18 --> 00:13:24	interested in seeing any lower tick, to be able to offer one transaction outside
126	00:13:24 --> 00:13:29	of just the opening price being the only price of the day. It's a myth, folks,
127	00:13:29 --> 00:13:36	it's a myth. So all of these ideas keep flooding into your mind as a traitor.
128	00:13:38 --> 00:13:43	And you understand that we do this to make money. You might have other
129	00:13:43 --> 00:13:47	subordinate reasons. When you look smart in front of your girlfriend, your
130	00:13:47 --> 00:13:54	boyfriend and their family members, Carl. But there's only one thinks should
131	00:13:54 --> 00:14:01	be you're trying to make money. And that's a very powerful influence. It's
132	00:14:01 --> 00:14:06	very powerful. It will place you in the pursuit of things that are not really
133	00:14:06 --> 00:14:14	there. You'll chase things that are phantoms, like trendlines that's why we
134	00:14:14 --> 00:14:19	call them trendline Phantoms in for content. Because you want this to be a
135	00:14:19 --> 00:14:25	diagonal support level. You need it to be because it provides you the venue on
136	00:14:25 --> 00:14:30	what you're going to act on and say, Oh yeah, this is the time where I want to
137	00:14:30 --> 00:14:33	be a buyer. Because everybody's going to see that area too. They're going to want
138	00:14:33 --> 00:14:39	to buy too, because this imaginary to swing lows. If I extend a line from
139	00:14:39 --> 00:14:44	those to that imaginary decision point in the future, everybody's gonna have
140	00:14:44 --> 00:14:49	that same decision point and want to buy there too. And I capitalize on that. I
141	00:14:49 --> 00:14:53	look for opportunities for those types of things. And when you over expose
142	00:14:53 --> 00:15:00	yourself seeking opportunities, where there may in fact be out opportunity's
143	00:15:00 --> 00:15:07	there. But you become the liquidity. But you won't see it that way walking in.
144	00:15:09 --> 00:15:13	You won't see yourself laying yourself on the altar of these markets.
145	00:15:14 --> 00:15:20	sacrificially just laying yourself out there. Consume me, take me pick me you.
146	00:15:21 --> 00:15:30	Urmia. dismember me, will willingly doing it. But you walk into that
147	00:15:30 --> 00:15:35	condition thinking that you're going to leave and again, and the only thing
148	00:15:35 --> 00:15:40	you've gained is experience about not hopefully wanting to do that same thing
149	00:15:40 --> 00:15:54	again. And it's a lot of repetition, for me to get really displeased with chasing
150	00:15:54 --> 00:15:59	something, whenever I got really anxious, that I was gonna miss a move.
151	00:16:00 --> 00:16:04	Or if I was really excited about a particular trading week, over the
152	00:16:04 --> 00:16:11	weekend, they were the characters that constantly came up in the play that
153	00:16:11 --> 00:16:20	resulted in me losing, sometimes losing an entire account. There, I don't know
154	00:16:20 --> 00:16:26	why. When people are new, they come here and listen to me or not. And I'm honest
155	00:16:26 --> 00:16:32	with you, and I tell you where I learned from, and it was through pain. It was
156	00:16:32 --> 00:16:36	through adversity, and lots of loan accounts. For some reason, that seems to
157	00:16:36 --> 00:16:42	be like, a bad thing for you, like, I would want to learn from someone that
158	00:16:42 --> 00:16:49	has gone through the pain has lost a lot of money, and learned how to avoid doing
159	00:16:49 --> 00:16:55	it again, that's the person I want to learn from. But unfortunately, that's
160	00:16:55 --> 00:16:59	what I'm trying to tell you many times on, set in this discussion this morning,
161	00:16:59 --> 00:17:06	you talking about how to trade lists. If I wrote a book in the title, that trade
162	00:17:06 --> 00:17:12	trade list, nobody's wanting to buy that book. Now there might be a little niche
163	00:17:12 --> 00:17:17	market, in your business, my name on it, and people want to hear what they have
164	00:17:17 --> 00:17:22	to say about it. By far and large, they're not really going to be
165	00:17:22 --> 00:17:26	interested in that. Unless you know who I am. And your you're already interested
166	00:17:26 --> 00:17:30	anyway. In the things I'm talking about, you probably wouldn't be a buyer that
167	00:17:30 --> 00:17:36	book. Because what is it telling it saying something that is contrary to the
168	00:17:36 --> 00:17:42	consensus that this industry has cultivated, which is always do do the
169	00:17:42 --> 00:17:55	most never relent? maximum effort to quote Deadpool. And unfortunately, in
170	00:17:55 --> 00:17:59	the three decades, I've been messing around with these markets, I've learned
171	00:17:59 --> 00:18:07	that less is more. And I've also learned that I was prone to over expose myself
172	00:18:08 --> 00:18:16	to risks that I didn't understand or could identify as risk, because I was
173	00:18:16 --> 00:18:21	falling victim to the things that purchased in terms of courses and books
174	00:18:21 --> 00:18:27	and people teaching this and that. And because I wanted to change my life, I
175	00:18:27 --> 00:18:33	didn't want it to be, you know, the, the mundane Michael, the average Joe. I was
176	00:18:33 --> 00:18:38	seeking and pursuing something that was bigger than just regular. I didn't want
177	00:18:38 --> 00:18:45	to be the regular guy. And everything that I picked up, I've always demanded
178	00:18:45 --> 00:18:50	that to be exceptional. And I was very disappointed that everything that I
179	00:18:50 --> 00:18:55	purchased and everything, but I absolutely worked very hard by their
180	00:18:55 --> 00:19:03	rules. I follow them by their rules. And it would not work. It would not yield to
181	00:19:03 --> 00:19:08	me the results that they promised it would not yield a consistency and a
182	00:19:08 --> 00:19:14	visibility they able to see these things forming beforehand. And it caused me to
183	00:19:14 --> 00:19:20	jump into the very next thing, the shiny new object syndrome. And even in this
184	00:19:20 --> 00:19:24	community, because if I teach something new, I talk about something new.
185	00:19:25 --> 00:19:29	Everyone's so quick to let go of what they're already working on. That they've
186	00:19:29 --> 00:19:37	had progress in and beginning to see the stages of development that hasn't
187	00:19:37 --> 00:19:41	happened fast enough for some of you and because it hasn't happened fast enough
188	00:19:41 --> 00:19:46	for you and you haven't had a payout yet in a funded account or hasn't seen a
189	00:19:46 --> 00:19:51	profitable Live account yield you have withdrawal yet. Getting got to that
190	00:19:51 --> 00:19:55	stage yet it's there waiting to be had but you haven't got there yet, so you're
191	00:19:55 --> 00:20:02	impatient. And it's easier for you to say Well, this looks new. And
192	00:20:02 --> 00:20:06	everybody's gonna be talking about this new thing. So I'm gonna be distracted
193	00:20:06 --> 00:20:09	anyway, and I can see he's gonna be jawboning and going on and on about this
194	00:20:09 --> 00:20:14	new thing. So I might as well just go ahead and chase that, because who knows,
195	00:20:14 --> 00:20:21	it might become easier and might be just faster. And faster, is a recipe for
196	00:20:21 --> 00:20:28	disaster. And that was appellant didn't even know, the idea of trying to do
197	00:20:28 --> 00:20:32	something quicker for the sake of getting through it. I want to get
198	00:20:32 --> 00:20:37	profitable, I want to get to a point where I can see the setups form real
199	00:20:37 --> 00:20:47	quick looking at any timeframe. The way you get to that level is constantly
200	00:20:47 --> 00:20:53	exposing yourself to back testing and watching my price action. You do not get
201	00:20:53 --> 00:21:01	it by over exposing yourself to risk. Because when you incur risk, and you
202	00:21:01 --> 00:21:06	haven't learned how to do it properly yet. What is it? What is the subject
203	00:21:06 --> 00:21:09	matter referred to when you haven't learned how to do it properly?
204	00:21:10 --> 00:21:14	Well, there's a number of things that encapsulate de it, it's number one
205	00:21:14 --> 00:21:18	mastery of yourself, because you never mastering the markets, I have not
206	00:21:18 --> 00:21:24	mastered the markets. I may look very, very versed in executions and management
207	00:21:24 --> 00:21:29	and whatnot. But I still and I can tell you that there's about eight times this
208	00:21:29 --> 00:21:34	week that I would have lost, whether it would have been a demo cam, whether it
209	00:21:34 --> 00:21:37	would have been me calling out in in Twitter, if it would have been me
210	00:21:37 --> 00:21:43	dealing with a live account, I would have taken eight losing trades this
211	00:21:43 --> 00:21:48	week. And it would have been no fault of my concepts, it would have been me
212	00:21:48 --> 00:21:55	trying to do something that I am as a human being prone to do. So when I say
213	00:21:55 --> 00:22:01	that, that's not a weakness, that's a strength. Because I when I was a 20 year
214	00:22:01 --> 00:22:08	old, I viewed it as a weakness. I viewed it as you know, I would lose on a trade.
215	00:22:08 --> 00:22:13	And I think, Okay, this makes me poor as a trader, in every sense of the word, I
216	00:22:13 --> 00:22:21	have less than the account if I had the account remaining, or I'm less inclined
217	00:22:21 --> 00:22:25	to chase the next set up because now I'm scared I don't want to, I don't want to
218	00:22:25 --> 00:22:28	incur another loss because I didn't come from money. And when I would take up
219	00:22:28 --> 00:22:35	300, our four and our five and our loss, those those hurt. That was a big portion
220	00:22:35 --> 00:22:39	of the account that I was working with. And it took a lot for me to get these
221	00:22:39 --> 00:22:45	couple $1,000 scraped up to the refund and account, paying exorbitant amounts
222	00:22:45 --> 00:22:50	of fees. And paying for all the little bells and whistles for the data and the
223	00:22:50 --> 00:22:55	software programs. And I was trying to constantly new build up and working with
224	00:22:55 --> 00:23:00	a desktop. And I see these people talking about in their little fake
225	00:23:00 --> 00:23:07	documentaries. For the record again, because there are people out there to
226	00:23:07 --> 00:23:11	try to say I have multiple laptops, and they're all sitting in front of me. And
227	00:23:11 --> 00:23:16	I'm buying one account going long and going short and another. I have one
228	00:23:16 --> 00:23:22	laptop folks. I have one tablet at eight monitors that runs on one PC, one tower.
229	00:23:22 --> 00:23:28	Okay. And I facetiously mentioned like a backhanded remark. In the interview with
230	00:23:28 --> 00:23:39	corbs. I said that my laptop died. I had a Hewlett Packard. Okay, I had a desktop
231	00:23:39 --> 00:23:50	PC. And I had one computer with one single monitor that literally is the
232	00:23:50 --> 00:23:55	size of a Yeti cooler than trying to talk in terms where the younger crowd
233	00:23:55 --> 00:24:03	can can kind of envision what it is I had. But I had all these things that I
234	00:24:03 --> 00:24:06	thought were high technology back then. And I guess in a lot of ways they kind
235	00:24:06 --> 00:24:13	of were. But today, you know, you can do a lot of these things that we were
236	00:24:13 --> 00:24:18	trying to do and hope to do on your cell phone. And that's not the throat I get
237	00:24:18 --> 00:24:22	you shouldn't train yourself and but you have more power in your cell phone to be
238	00:24:22 --> 00:24:27	able to pull up data, switch to one web browser tab, you know and have a
239	00:24:28 --> 00:24:33	multitude of things at your fingertips. And it's like a Candyland right now of
240	00:24:33 --> 00:24:40	just going in and gathering information collecting data. But that same thing is
241	00:24:40 --> 00:24:45	also over exposing yourself. Looking at too many markets looking at too many
242	00:24:45 --> 00:24:49	things. That's going to complicate I think Teach you intermarket
243	00:24:49 --> 00:24:53	relationships, I can teach you inter market analysis, I can teach you the
244	00:24:53 --> 00:24:59	characteristics that one market will lean upon on another. Okay. And I can do
245	00:24:59 --> 00:25:06	it in A wide array of ways where I can show you every instance of how a market
246	00:25:06 --> 00:25:10	will influence a commodity or commodity may influence a specific market, an
247	00:25:10 --> 00:25:16	interest rate will affect this market. But that interest rate, that bond
248	00:25:16 --> 00:25:21	reaction 30 year tenure a five year isn't always going to be marked to
249	00:25:21 --> 00:25:27	market meaning that it's not going to be instantaneously the opposite, or the
250	00:25:27 --> 00:25:34	effects of what you would expect in like SMT. There's a little bit of a delay
251	00:25:34 --> 00:25:39	that sometimes occurs with the interest rate markets, which makes it a little
252	00:25:39 --> 00:25:46	bit more complex to teach. And, frankly, the way the world is right now, it's a
253	00:25:46 --> 00:25:51	market that I would not want to touch either. And remember, I said I was
254	00:25:51 --> 00:25:57	leading Forex years ago, and I've been touching it went back to futures
255	00:25:57 --> 00:26:06	trading. Now, my heart is in the bond market. But I also am aware that that
256	00:26:06 --> 00:26:11	risk is high in the interest rate market, because there could be a
257	00:26:11 --> 00:26:19	interest rate in blue implosion, and it can happen instantly. And it can harm
258	00:26:19 --> 00:26:25	me. So what I'm doing is I'm focusing on a market that I trust, which is the
259	00:26:25 --> 00:26:33	index futures. I'm looking at a small universe of investment vehicles meaning
260	00:26:35 --> 00:26:44	and I'll compare the s&p 500. The Dow 30. and the NASDAQ 100 Composite Index.
261	00:26:46 --> 00:26:53	That's it. I don't need the dollar index to trade any one of those. And to
262	00:26:53 --> 00:26:57	further simplify it, I don't trade the Dow. So what am I living and limiting it
263	00:26:57 --> 00:27:02	to? It's I'm looking at just the Spoos market, which is s&p 500 and the NASDAQ
264	00:27:02 --> 00:27:05	Composite Index. And because I want to be in the market, it's going to move
265	00:27:05 --> 00:27:10	faster. It's going to be exaggerated, and it's pricings. So what have I
266	00:27:10 --> 00:27:15	further done, I've reduced it down to just one market, referring to s&p Like I
267	00:27:15 --> 00:27:19	would do what the dollar index for a forex pair if I was trading Euro, our
268	00:27:19 --> 00:27:27	table. So I've simplified my observations in the marketplace. I've
269	00:27:27 --> 00:27:33	reduced my time in analysis. I could care less with all these other I only do
270	00:27:33 --> 00:27:37	that because I'm teaching you and I know there's a lot of interest in all the
271	00:27:37 --> 00:27:40	markets. And you all want me to do even more than that. And I don't have an
272	00:27:40 --> 00:27:46	interest or time to do it. But the things that I do in those respective
273	00:27:46 --> 00:27:49	markets. They're the same things I'm doing in any market I'm trading with,
274	00:27:50 --> 00:27:55	because they're not. It's not changing. The method is not constantly morphing
275	00:27:55 --> 00:27:59	into something new because I'm following another market or following another
276	00:27:59 --> 00:28:10	asset class. So overexposing is trying to do more than it's necessary, trying
277	00:28:10 --> 00:28:16	to find more setups than there really are there. And let's make a distinction
278	00:28:16 --> 00:28:23	between what I just said and what you're probably thinking. I think you said you
279	00:28:23 --> 00:28:30	can trade every hour candle and find setups. Yeah, I can. But just like, I
280	00:28:30 --> 00:28:35	understand that my audience that's listening to me, I have a great deal of
281	00:28:35 --> 00:28:42	influence. And that's very intimidating for me. Telling you think that I like
282	00:28:42 --> 00:28:47	this position, can lead to three weeks left, and I'm done. three more weeks,
283	00:28:47 --> 00:28:55	I'm not on Twitter no more. And this level of influence I have over many
284	00:28:55 --> 00:29:01	people who have a high regard of my opinion, high regard and me as a person
285	00:29:01 --> 00:29:06	and the things I'm openly sharing for free and helping other people that
286	00:29:06 --> 00:29:14	influence that power. It scares me. Because I know what I was like when I
287	00:29:14 --> 00:29:22	was younger. If I had Larry Williams, constantly at a fingertip pushing a
288	00:29:22 --> 00:29:26	button, let me go see what Larry Williams is saying on his Twitter right
289	00:29:26 --> 00:29:31	now, at the moment, whatever amusing that he had in his head at the time, if
290	00:29:31 --> 00:29:36	he's willing to share that. That would have been that would have been highly
291	00:29:36 --> 00:29:47	influential to me and me taking on monetary risk. Now, would he think about
292	00:29:47 --> 00:29:54	that level of influence and be guarded in his opinion? I don't think so because
293	00:29:54 --> 00:29:57	he was making his daily. I think he probably still doesn't, I'm taking the
294	00:29:57 --> 00:30:01	right deal that he's saying I don't actively follow But he's still in. But
295	00:30:01 --> 00:30:07	at the time when I was younger guy, yeah, he made his SNP calls, and maybe
296	00:30:07 --> 00:30:11	bonds and whatever else he would talk about at the time. And but you had to
297	00:30:11 --> 00:30:19	pay it through a 900 number. Okay, fine, whatever. But it was behind a paywall.
298	00:30:20 --> 00:30:26	I'm not behind the paywall. And I don't know the level of your experience. I
299	00:30:26 --> 00:30:31	don't know what you know about what it is I've taught. I don't know, if you're
300	00:30:31 --> 00:30:35	a gambler, I don't know if you're reckless, I don't know if you just
301	00:30:35 --> 00:30:39	blindly follow anyone that says anything, and you're highly influenced,
302	00:30:39 --> 00:30:45	because you're just looking for any reason, scratch that itch. And because
303	00:30:45 --> 00:30:51	social media is what it is, it's an invitation for disaster. Because people
304	00:30:51 --> 00:30:54	that are not equipped to think independently for themselves. It's a
305	00:30:54 --> 00:30:59	wonderful grocery store for you to go out and pick the right person, you think
306	00:31:00 --> 00:31:04	you should fall in line. And I don't want to cultivate that. I don't want to
307	00:31:04 --> 00:31:07	have that in my students, I want my students to be independent, I want all
308	00:31:07 --> 00:31:09	of you to come to the conclusion that you don't need me.
309	00:31:11 --> 00:31:15	And my feelings are not going to be hurt by that. That's exactly the end game,
310	00:31:15 --> 00:31:20	that's the that's the result that you're looking for it not the togetherness of
311	00:31:20 --> 00:31:26	me and you together. And some of you see that as that's a problem. When that's
312	00:31:26 --> 00:31:35	just you growing accustomed to me as the man, the the figure, the person behind
313	00:31:35 --> 00:31:39	the ICT, the inner circle trader, you've grown accustomed to that person. And
314	00:31:39 --> 00:31:44	while that's wonderful in a lot of ways, I'm not that person for you, as a
315	00:31:44 --> 00:31:49	mentor, the mentor in me saying, you have to get out of the nest, you have to
316	00:31:49 --> 00:31:53	do this on your own, you have to fly on your own. And you shouldn't be afraid of
317	00:31:53 --> 00:31:57	that you should be looking forward to it. It's not a tragedy, it's not some
318	00:31:57 --> 00:32:01	drama, that brings sadness, it should be like it's just graduation, and
319	00:32:01 --> 00:32:06	graduation may defund for the moment. But it's scary too, because you have to
320	00:32:06 --> 00:32:10	go out and do these things on your own and get new experiences without the hand
321	00:32:10 --> 00:32:15	holding the everyday process of being around your teachers and your other
322	00:32:15 --> 00:32:20	classmates, which makes it feel more comfortable even though you've probably
323	00:32:20 --> 00:32:24	hated going through school. As an adult, two years out of school, you've probably
324	00:32:24 --> 00:32:28	thought many times. I mean, I'd love to be able to work in school. I wanted to
325	00:32:28 --> 00:32:32	do these adult problems. Well, so many times the same things that we
326	00:32:32 --> 00:32:36	experienced as traitors, it feels fun, when you when you start to learn
327	00:32:36 --> 00:32:42	something new, and your, your energy levels really high. Like if I went out
328	00:32:42 --> 00:32:47	there and said, Listen, 2024 I'm doing a mentorship, it's 100% Free, we're doing
329	00:32:47 --> 00:32:51	it every day, Monday through Friday, on YouTube, we're gonna sit down, I'm gonna
330	00:32:51 --> 00:32:54	go over my charts, I'm gonna draw the charts every single day, I'm gonna sit
331	00:32:54 --> 00:32:57	down, and I'm gonna trade in front of you live every single day, the morning
332	00:32:57 --> 00:33:02	session, afternoon session, your activity level, in everything else would
333	00:33:02 --> 00:33:07	completely stop. You'd be making changes in your jobs, you'd be making changes in
334	00:33:07 --> 00:33:10	your curriculum at school and university, you'd be telling your
335	00:33:10 --> 00:33:14	spouse's, listen, it's worth divorce, everything's going to change, because
336	00:33:14 --> 00:33:17	this is the opportunity that I knew would never likely happen. They hear
337	00:33:17 --> 00:33:22	this, he's brilliant, and your energy level would go through the roof. Why?
338	00:33:24 --> 00:33:30	Because you see that opportunity to do more. And when you finally get to the
339	00:33:30 --> 00:33:36	point where you know how to trade that shouldn't be like that. So you think
340	00:33:36 --> 00:33:41	that it should be just like that, when I learn how to trade like ICT or ICS best
341	00:33:41 --> 00:33:45	students, I'm going to outperform and I'm going to do this and this and this
342	00:33:45 --> 00:33:53	and this and this. None of my students with this new power they have thinks of
343	00:33:53 --> 00:33:59	their trading like that. Because they know they don't need to do that. That
344	00:33:59 --> 00:34:09	promotes overexposure. It promotes greed. It will invite fear. Because what
345	00:34:09 --> 00:34:15	you'll end up doing is you will fear not controlling yourself. You'll become
346	00:34:15 --> 00:34:22	reckless. Start making mistakes. You'll disassociate yourself from the model
347	00:34:22 --> 00:34:27	approach. And you'll revert back to retail processes, which is fear and
348	00:34:27 --> 00:34:36	greed. fear and greed and analysis paralysis. That's retail thinking in an
349	00:34:36 --> 00:34:50	encapsulated form. That's it. So prevent the overexposure is paramount. I knew
350	00:34:50 --> 00:34:55	when I gave the analysis. Before we started trading this week, I said I'm
351	00:34:55 --> 00:35:00	going to put a limit on what I'm willing to wait for and if I do Don't get this
352	00:35:00 --> 00:35:07	I'm okay with not taking a trade all week long. I'm comfortable not taking a
353	00:35:07 --> 00:35:13	trade. I wonder if the very specific things that I don't want to kill the the
354	00:35:13 --> 00:35:18	analysis and review that I'll be doing on Sunday, which will be live stream, by
355	00:35:18 --> 00:35:25	the way. So we'll be lighting the market review at 5pm. And we'll see what the
356	00:35:25 --> 00:35:29	opening ticks are on on the markets because I think we're gonna see an
357	00:35:29 --> 00:35:40	extreme gap lower on equities, index futures, so but anyway having that
358	00:35:44 --> 00:35:49	observation of what's going on in Israel, what's going on in Gaza, and how
359	00:35:49 --> 00:35:59	all the other Arab nations are getting ready to getting really jerked up in
360	00:35:59 --> 00:36:06	animated in some of the bases, the US bases have been attacked, I think that's
361	00:36:06 --> 00:36:10	going to increase, you know, I think we're going to see a greater escalation
362	00:36:11 --> 00:36:19	and all that stuff. And as a younger man, I looked at war, pestilence,
363	00:36:20 --> 00:36:28	famine, chaos, all these problematic things as touching as opportunity to get
364	00:36:28 --> 00:36:35	money. And that's how globalist thinks. And when they see that you are good at
365	00:36:35 --> 00:36:46	that. They'll tap you on the shoulder. And you have to make a choice. You
366	00:36:46 --> 00:36:52	should not have that mindset. You should have no fear of these things. Because
367	00:36:52 --> 00:36:57	ultimately, if you're wrestling with this as a, as an investment, I get this
368	00:36:57 --> 00:37:00	question a lot. And I promise this is not gonna turn into a religious
369	00:37:00 --> 00:37:05	conversation. But it's appropriate for this moment for me to talk about it. I
370	00:37:05 --> 00:37:12	have a lot of students that are, quote unquote, Christian. And the number one
371	00:37:12 --> 00:37:19	question that comes up is, should they view trading as gambling because they
372	00:37:19 --> 00:37:26	are told it's gambling. And God won't honor are blessed this because it's
373	00:37:26 --> 00:37:34	gambling. Well, there is a way to do this. That's not That's not gambling.
374	00:37:35 --> 00:37:42	Okay. The way I teach, number one, you're not trying to be reckless, you're
375	00:37:42 --> 00:37:47	looking for very specific things to qualify a setup. You're looking for
376	00:37:47 --> 00:37:52	things to quantify a setup. And also I'm teaching you to deal with very little
377	00:37:52 --> 00:37:58	risk not over leverage. Not over leveraging, do the least trade with a
378	00:37:58 --> 00:38:07	micro lot $5 per handle, in s&p $2 per handle on the NASDAQ. That's that's
379	00:38:07 --> 00:38:13	very, very, very low in terms of the multiplier for a pip fluctuation, or not
380	00:38:13 --> 00:38:20	PIP for tick or one point or handle fluctuation in the respective abacus.
381	00:38:23 --> 00:38:29	Now, if I say trade was 15 contracts, and try to go for broke every single
382	00:38:29 --> 00:38:37	time, that's gambling. In Twitter spaces, I'm talking to you like someone
383	00:38:37 --> 00:38:42	that has been here before has hurt himself, has learned from it, and has
384	00:38:42 --> 00:38:47	also helped other people avoid the same things and they're profitable, learning
385	00:38:47 --> 00:38:51	to do the things I tell them to do and avoid the things outside of them to
386	00:38:51 --> 00:38:56	avoid. That's how they got to where they're profitable. They're not
387	00:38:56 --> 00:38:59	reinventing the ICT wheel. They're not revamping something they're not
388	00:38:59 --> 00:39:04	improving upon it. They're just applying sound logic mastering themselves first.
389	00:39:08 --> 00:39:14	But trading can be gambling in the hands of someone that's out to prove something
390	00:39:16 --> 00:39:21	out to prove something, vendetta trading, revenge trading, what is that?
391	00:39:21 --> 00:39:28	That's emotional gambling. Everybody goes out to those casinos in Las Vegas
392	00:39:28 --> 00:39:34	or goes to whatever local places gambling in your neck of the woods
393	00:39:34 --> 00:39:40	wherever you're at. Everybody goes there on an impulse. And anyone that says
394	00:39:40 --> 00:39:47	otherwise they're liars. impulsiveness is what? Rooted in emotion. They are
395	00:39:47 --> 00:39:53	feeling less than they should they feel black, depressed, they want to feel
396	00:39:53 --> 00:39:56	better about themselves and what else would make you feel better than winning
397	00:39:56 --> 00:40:03	some money and that's why traders start in this industry recklessly plunging
398	00:40:03 --> 00:40:08	into it with no model, the race in there, the only thing they really want
399	00:40:08 --> 00:40:12	to learn how to do is how to open up an account. How do I buy? How do I sell?
400	00:40:12 --> 00:40:15	How do I get out? And how can I get my money. That's what they're thinking is a
401	00:40:15 --> 00:40:20	mentorship, that's mentorship. That's mentorship, that's myopic mentorship,
402	00:40:21 --> 00:40:24	and their dollar mentorships, like that all over the internet, all over social
403	00:40:24 --> 00:40:32	media, because there's a new round of suckers coming in all the time. If I was
404	00:40:32 --> 00:40:36	a sleazebag, I could be making millions of dollars every month fleecing those
405	00:40:36 --> 00:40:41	individuals, I don't need to do that. I'm here on my weekend, telling you how
406	00:40:41 --> 00:40:48	to better improve yourself correctly, how to avoid gambling, how to avoid
407	00:40:48 --> 00:40:53	blowing out your account, over leveraging and today's topic is over
408	00:40:53 --> 00:40:59	exposing yourself. Don't open yourself up to pursue more opportunities, and
409	00:40:59 --> 00:41:09	it's really appropriate for you. Now trading
410	00:41:11 --> 00:41:17	in an environment where there's going to be a lot of knee jerk reactions. Now
411	00:41:17 --> 00:41:21	what I mean by that, because obviously, you always say that the markets are not
412	00:41:22 --> 00:41:26	going up and down and fluctuating as a result of buying and selling. No, it's
413	00:41:26 --> 00:41:31	not, not because of our buying and selling collectively, no. It's the
414	00:41:31 --> 00:41:39	delivery of price by the Central Bank, because that's the market maker. The New
415	00:41:39 --> 00:41:44	York Stock Exchange, that's not the that's not the hub that starts
416	00:41:44 --> 00:41:52	everything. Okay, that's just the face. That's the that's the Dow nailed it.
417	00:41:52 --> 00:41:58	That's the face. That's, that's who we think it is. Okay, all the prices come
418	00:41:58 --> 00:42:01	from there. And as a result of buying and selling pressure, okay? If you want
419	00:42:01 --> 00:42:05	to believe that, that's fine, you're welcome to believe that. I have learned
420	00:42:05 --> 00:42:11	that trying to make the case that it's not that I'm not going to convince
421	00:42:11 --> 00:42:15	everyone and frankly, I don't care. And when you learn how to do this, you don't
422	00:42:15 --> 00:42:18	care either. It's funny to see these people run around believing with the
423	00:42:18 --> 00:42:23	nonsense that they believe. But the central banks themselves they are the
424	00:42:23 --> 00:42:29	masters of all this they are the masters of money in every form of it. Even your
425	00:42:29 --> 00:42:35	beloved cryptocurrencies. As the TGC what happened in Bitcoin? You said it's
426	00:42:35 --> 00:42:45	gone to zero, it's going to zero. Okay, it's going to zero. I'm not claiming to
427	00:42:45 --> 00:42:49	know what every fluctuation is going to do every day. If I did, if I knew that
428	00:42:49 --> 00:42:53	I'd be out here, mopping the floors with all that stuff. And all these crypto
429	00:42:53 --> 00:42:57	fanatics that follow people that I've seen no real reason to be following
430	00:42:57 --> 00:43:04	them. But I guess, you know, whatever. Daily follow me. If I call those crypto
431	00:43:04 --> 00:43:09	markets, like I call the NASDAQ, and s&p, they all here and I'd have more
432	00:43:09 --> 00:43:13	headaches with more drama and personality disorders and people that
433	00:43:13 --> 00:43:20	just want clout. You don't want to expose yourself to that kind of
434	00:43:20 --> 00:43:25	environment. And I knew enough going into this week, because I had journal
435	00:43:25 --> 00:43:31	entries, I have experiences. I have accounts where I have lost that I have
436	00:43:31 --> 00:43:36	been for months, knowing full well that I've done it before. And I should have
437	00:43:36 --> 00:43:39	known better and sooner. But I still went in there recklessly plunged ahead.
438	00:43:41 --> 00:43:53	And because I had such a large audience now. Like, I have to be careful what I
439	00:43:53 --> 00:44:02	say now, because I know it's impactful to many of you. Like some of you are
440	00:44:02 --> 00:44:06	willing to just take whatever I say because I said it. That's it. And I
441	00:44:06 --> 00:44:10	don't want any of you to think that I want you to say, Okay, this is what it
442	00:44:10 --> 00:44:16	said. It said this, they don't hear and see if what he said is valid. Is this
443	00:44:16 --> 00:44:21	really there? I'm taking it back. That's how I started. That's how I started as a
444	00:44:21 --> 00:44:28	teacher. What I'm about to show you, in 1996, when I sat down with my students,
445	00:44:28 --> 00:44:40	then who sat with me, side by side. Literally. I don't want you to take what
446	00:44:40 --> 00:44:44	I'm going to say today, and believe what I'm saying I want you to go in to the
447	00:44:44 --> 00:44:48	charts and look for these things. If you can't see them. You come back tomorrow
448	00:44:48 --> 00:44:54	and you tell me that you don't see them and I'll show you how to better identify
449	00:44:54 --> 00:44:57	them because if you can't do that part first, the rest of the week and that's
450	00:44:57 --> 00:45:03	all they had with me one week. Think about that. Yeah, I mean, look at all
451	00:45:03 --> 00:45:08	the content I have now. That's 30 years and I haven't looked, I've literally
452	00:45:08 --> 00:45:14	done nothing, maybe a little bit over a quarter of everything that I know.
453	00:45:15 --> 00:45:18	That's what my Compendium right now that's out there in everything that's
454	00:45:18 --> 00:45:29	ever been done by me, is just a hair's breadth above one quarter. And look how
455	00:45:29 --> 00:45:38	much has impacted the world. But also look how much has caused confusion,
456	00:45:39 --> 00:45:45	cause competition, broken hearts, sore bums, you know, people getting angry,
457	00:45:45 --> 00:45:50	because no longer are they the the flavor of the month. Because I'm not
458	00:45:50 --> 00:45:54	trying to be anybody's enemy. And I want my life back. I don't want to be a
459	00:45:54 --> 00:46:03	celebrity. I use last week, when I learned through hardship. I know that
460	00:46:03 --> 00:46:08	there was going to be movement in the markets this week, lots of fluctuations.
461	00:46:08 --> 00:46:11	I knew there was going to be big moves and big range expansions. I knew that
462	00:46:11 --> 00:46:14	was going to happen. But I also knew that there's going to be a decoupling.
463	00:46:16 --> 00:46:22	Now what is the coupling when a market moves symmetrically, these these are the
464	00:46:22 --> 00:46:25	parts where you write this stuff down, folks, not just grab another coin ship
465	00:46:25 --> 00:46:30	and that Nacho sauce. This is where you grab a pen or pencil and you write down
466	00:46:30 --> 00:46:36	things I'm saying because it's impactful to you, it means something it's going to
467	00:46:36 --> 00:46:39	help, it's going to help you in the future, when I'm not actively doing this
468	00:46:39 --> 00:46:45	with you on a week by week basis. But the coupling is when a symmetrical
469	00:46:45 --> 00:46:53	market no longer follows the symmetrical processes. Meaning a perfect symmetrical
470	00:46:53 --> 00:47:00	market would be this risk off scenario, right away risk off is dollar up, risk
471	00:47:00 --> 00:47:08	$1 down. Now, going back to risk off Dollar Index, if it's the go higher, if
472	00:47:08 --> 00:47:13	that higher dollar if that is expected, or we think that that's going to occur.
473	00:47:18 --> 00:47:23	We have little perimeter alarms in our house, because I have puppies. And I
474	00:47:23 --> 00:47:27	want to know if they go in certain areas because I had rugs that cost more than
475	00:47:27 --> 00:47:31	most people's cars a day. And I don't want them to make an accident. And I
476	00:47:31 --> 00:47:35	don't want no gates to block them away. So when I'm this one off, sort of wait
477	00:47:35 --> 00:47:42	for it to turn it off. Otherwise, I would have said hold on one second. So a
478	00:47:42 --> 00:47:48	symmetrical market. I'm not sure if you hear that, but I have to make sure if
479	00:47:48 --> 00:47:53	he's handling it. These are all the things that go on in recorded video that
480	00:47:53 --> 00:47:59	you don't ever hear is one of the things I hate doing live stuff for because I'm
481	00:47:59 --> 00:48:03	in the home and you're gonna hear all the things that go along with it. So
482	00:48:04 --> 00:48:08	risk off scenario or risk off market dollars going higher. So a symmetrical
483	00:48:08 --> 00:48:14	market would be okay. Equities will start to soften that they're rallying
484	00:48:14 --> 00:48:21	and eventually bend the knee and go lower currencies will all move lower as
485	00:48:21 --> 00:48:28	the dollar goes higher. Okay, and bond market will go opposite. So wonderful.
486	00:48:28 --> 00:48:35	That's a symmetrical market. However, there are times where the
487	00:48:35 --> 00:48:39	characteristics of a market environment which is what we're seeing right now,
488	00:48:39 --> 00:48:45	there's a lot of geopolitical, wartime upheaval, there's a lot of opportunity
489	00:48:45 --> 00:48:52	for the central banks to build sentiment. And also, anyone that's
490	00:48:52 --> 00:48:58	positioned appropriately where they can stand to be profitable, they will run on
491	00:48:58 --> 00:49:07	those positions. Now, they don't have a book map. Okay, they don't have this.
492	00:49:07 --> 00:49:13	Okay, here's, here's Huddleston, my stops, we're gonna go here. They don't
493	00:49:13 --> 00:49:20	have a list of everybody by name, what account number all that stuff. They
494	00:49:20 --> 00:49:27	don't need that. All they have to do is clear the board. So if I know that this
495	00:49:27 --> 00:49:30	environment that we're entering last week before this week started trading,
496	00:49:30 --> 00:49:34	so know what I'm referring to and reflect upon the commentary that I gave
497	00:49:34 --> 00:49:39	last week before Sunday's opening bell because I was doing a live stream on
498	00:49:39 --> 00:49:44	YouTube. You're welcome to go back and look and listen to it. Okay. I outlined
499	00:49:45 --> 00:49:52	for me to be interested in trading for the entirety of the week. I wanted to
500	00:49:52 --> 00:49:56	see something unfold. I wanted to see the dollar index get above the upper
501	00:49:56 --> 00:50:01	quadrant that I outlined, and I want to say too much Because I'm hoping if you
502	00:50:01 --> 00:50:05	haven't watched that video and analysis, go watch it, because it's going to help
503	00:50:05 --> 00:50:09	you understand what I'm going to talk about tomorrow when we do our review and
504	00:50:10 --> 00:50:21	analysis for new becoming. I didn't want to be. So finally, about this, this is
505	00:50:21 --> 00:50:25	exactly what's going to happen because I know that there was going to be
506	00:50:25 --> 00:50:33	decoupling meaning that the dollar index can do one thing. And the other markets
507	00:50:33 --> 00:50:34	can do another.
508	00:50:36 --> 00:50:42	So if I place a limit on myself, and I can only engage, if this happens, then I
509	00:50:42 --> 00:50:47	have a green light go, I can now start actively talking about the market, I'll
510	00:50:47 --> 00:50:51	start tweeting things and what I think is going to happen. And also add to it
511	00:50:51 --> 00:50:57	that I shared. The last few weeks, we found out that my mother in law is now
512	00:50:57 --> 00:51:05	battling another round of cancer. So my life's new expected me to be at her
513	00:51:05 --> 00:51:11	attention is when she's asking for it. And it's very distracting. So I can't be
514	00:51:11 --> 00:51:16	on point with everything that I want to be as ICT. And it's also fitting because
515	00:51:16 --> 00:51:20	I'm reducing my exposure to and conditioning to expect how it's going to
516	00:51:20 --> 00:51:26	be when I'm not here post November 11. So all those things coalesced into, it
517	00:51:26 --> 00:51:31	would be easier for me to say, Okay, if I could say, what I require, as a
518	00:51:31 --> 00:51:38	minimum, for me to engage and talk about what I think is going to happen, the
519	00:51:38 --> 00:51:41	missus, this is what I would look for. And I wanted to see the dollar index,
520	00:51:41 --> 00:51:45	show me that in by tipping its hand to me, if it went above and closed above
521	00:51:45 --> 00:51:53	the upper quadrant that I wanted to then trust that the ballot index could go
522	00:51:53 --> 00:51:58	higher, and continue going higher. Otherwise, if it doesn't do this, I'm
523	00:51:58 --> 00:52:01	not interested in it. And I can sit on my hands. And I'm telling you and like I
524	00:52:01 --> 00:52:07	told you in that live stream video that I'm content with even having taken
525	00:52:07 --> 00:52:14	nothing for the day or the week. Because my mind was scattered. But my
526	00:52:14 --> 00:52:19	impulsiveness as a human being the man made me that 20 year old that wants to
527	00:52:19 --> 00:52:23	get out there and do silly stuff again, for the sake of just doing it,
528	00:52:25 --> 00:52:29	overexposed overexposing myself in terms of chasing the the number of
529	00:52:29 --> 00:52:33	opportunities that I knew that are there. And I'm going to go back to kind
530	00:52:33 --> 00:52:39	of I started the dress date. And I said, I know what you're thinking. I mean, you
531	00:52:39 --> 00:52:46	think that I should be able to see more setups than the average person. And I
532	00:52:46 --> 00:52:51	can and I've proven that. But I also have an influence factor, that is now
533	00:52:51 --> 00:52:57	something that's in my head. So while I'm not afraid, obviously, to tell you
534	00:52:57 --> 00:53:00	what I think is going to happen when I tweeted, that never gets deleted, and it
535	00:53:00 --> 00:53:06	does what I expected to do most of the times, most, I'm talking high 90%, go
536	00:53:06 --> 00:53:11	back to my tweets and do the scale on it. You know, it's an opportunity for
537	00:53:11 --> 00:53:17	you to do homework fast. And if you want to try to say I'm a liar. But because of
538	00:53:17 --> 00:53:23	the number of people now listening to me. And because I'm a human being, and
539	00:53:23 --> 00:53:28	I'm wrestling with things with family, I'm wrestling with things with a spouse,
540	00:53:29 --> 00:53:35	and my attention is diverted. And on top of that, I'm literally falling
541	00:53:35 --> 00:53:40	everything I can get my hands on in terms of what's happening in these
542	00:53:40 --> 00:53:43	nations that we're seeing all these things and I'm not following the news.
543	00:53:44 --> 00:53:49	Like I have so many students that are literally reporting to me, like going
544	00:53:49 --> 00:53:53	every 20 minutes, I'm getting an update from them. With real video of this is
545	00:53:53 --> 00:54:00	what's going on. This is what's going on in pictures, not like I got, like boots
546	00:54:00 --> 00:54:05	on the ground. There. I got Intel in all these places. I don't look at the news.
547	00:54:05 --> 00:54:09	So when you're asking me Hey, can you tell me what news service you? I don't
548	00:54:09 --> 00:54:14	do that, because they're lying to you. You know, I have people that have
549	00:54:14 --> 00:54:18	relationships with me, that are literally giving me the information
550	00:54:18 --> 00:54:24	firsthand, right when it's happening as it's happening. So because I have all
551	00:54:24 --> 00:54:30	that, and I'm immersed in all of it. My attention has been on other things. And
552	00:54:30 --> 00:54:34	if I'm going to be distracted, and this is this is how you apply to yourself.
553	00:54:35 --> 00:54:39	Okay, so that might it sounds self centered this discussion, but I'm
554	00:54:39 --> 00:54:46	telling you how I evolved from as a younger 20 year old that would have all
555	00:54:46 --> 00:54:52	that chaos in his life, trying to pursue success. You trying to keep up too young
556	00:54:52 --> 00:54:58	of a marriage, you know, or not keep it but to rekindle a class trying to earn
557	00:54:58 --> 00:55:02	my wife back. All these Things that I was trying to do and also look
558	00:55:02 --> 00:55:08	significant in eyes of my family and friends, all those extra things was over
559	00:55:08 --> 00:55:13	exposing myself, I was trying to do more than this unnecessary, not understanding
560	00:55:13 --> 00:55:17	how to do enough and be content with it. Because it's the number one reason why
561	00:55:17 --> 00:55:21	you're doing this is to make money, why not just simply reduce it down to what
562	00:55:21 --> 00:55:26	you're trying to do to make money and be comfortable doing it. While I have a lot
563	00:55:26 --> 00:55:30	of moving parts, I have a lot of PDAs and things that could qualify for a
564	00:55:30 --> 00:55:33	setup for you. I don't use all of them unless I'm doing a trade and I'm here
565	00:55:33 --> 00:55:37	meeting in every one that exists in that fractal price. And then I will key off
566	00:55:37 --> 00:55:43	of it to prove that it's there. But you can use this one thing, strip it down to
567	00:55:43 --> 00:55:47	a specific time of day, around a calendar event that is going to be high
568	00:55:47 --> 00:55:51	or medium impact. And then that's it. That's it, it's really simple. That's
569	00:55:51 --> 00:55:59	simple trading. But because I have so many weapons, and in my arsenal, you all
570	00:55:59 --> 00:56:02	want to be a man of war like me where you want to just go out there and use
571	00:56:02 --> 00:56:07	all these things in your own hands. And you've not learned how to do one of them
572	00:56:07 --> 00:56:14	well. And that should be your pursuit. So because I had this expectation that
573	00:56:14 --> 00:56:22	obviously, you're going into this new week, I anticipate acceleration and more
574	00:56:22 --> 00:56:31	of the things that we're seeing over there in the Middle East in Israel. The
575	00:56:31 --> 00:56:36	central banks will use that they're going to use that sentiment that it
576	00:56:36 --> 00:56:42	creates. And they may or may not use the underlying sentiment to benefit
577	00:56:42 --> 00:56:53	themselves. Meaning okay, it if all these things, accelerate and intensify
578	00:56:55 --> 00:57:01	my experience my co signing in that analysis last Sunday, in a livestream
579	00:57:01 --> 00:57:09	review, or 60,000, people were watching. It said, I don't think that we have
580	00:57:09 --> 00:57:15	talked in the dollar index, I think that we can potentially go higher. And
581	00:57:15 --> 00:57:21	because of all the uncertainty in the wartime things, I believe that the
582	00:57:21 --> 00:57:26	dollar will likely go higher, but it may need to go down into its daily fair
583	00:57:26 --> 00:57:31	value go. And that's completely permissible, it's acceptable, that's
584	00:57:31 --> 00:57:38	reasonable. But even if it does that, I'm not saying I'm going long euro or
585	00:57:38 --> 00:57:44	cable, because Dollar Index went down to its fair value. But I'm not saying that.
586	00:57:44 --> 00:57:49	Now, I want you to go back and listen to what I said in that live stream that
587	00:57:49 --> 00:57:54	can't be edited. If people saw it. It's still there, as it was said, when I said
588	00:57:54 --> 00:57:58	that I'm not interested in I would not be trying to go long dollar which would
589	00:57:58 --> 00:58:03	be shorting euro and shorting the POUND DOLLAR. Because if we're going to be
590	00:58:03 --> 00:58:09	able to fair value gap that will be at a discount for the dollar index. If I'm
591	00:58:09 --> 00:58:12	bullish, and I don't think the top is formed in the dollar index, that means
592	00:58:12 --> 00:58:18	what, you know, surface observation just listening to that and you've only been
593	00:58:18 --> 00:58:22	with us for a little while, you will naturally assume that means I'm going to
594	00:58:22 --> 00:58:27	go long dollar and short Euro short POUND DOLLAR. At that moment. No, go
595	00:58:27 --> 00:58:31	back and listen to what I said. I said I would not be interested. I'm not saying
596	00:58:31 --> 00:58:36	that. Why? Because there's a decoupling I'm expecting it to not do those things.
597	00:58:36 --> 00:58:42	I required the dollar index to trade up to a level never trade to at all all
598	00:58:42 --> 00:58:46	week long. Well, ICT you sound like a hypocrite because here you are. You
599	00:58:46 --> 00:58:56	showed me 30,000 hours in a trade on NASDAQ on Friday. I had the last portion
600	00:58:56 --> 00:59:06	of the week where everything was lined up. And I'm expecting a continuation of
601	00:59:06 --> 00:59:10	what I wanted to participate in. And truth be told I wanted to be in on
602	00:59:10 --> 00:59:17	Tuesday. Like I wanted to short on Tuesday. I said I can't touch it. My
603	00:59:17 --> 00:59:25	attention is divided. And if I don't do well, I will criticize myself more than
604	00:59:25 --> 00:59:31	anybody else would. So over the years of me doing this, I just simply said, Okay,
605	00:59:31 --> 00:59:35	I'm going to practice what I preach. I'm going to show you and I was willing to
606	00:59:35 --> 00:59:40	go all the way into Friday and have nothing. I also know that there are
607	00:59:40 --> 00:59:45	people out there gonna say he's got 12 Different demo accounts and 15 different
608	00:59:45 --> 00:59:50	laptops and he couldn't get any of them to come up with a winning trade show to
609	00:59:50 --> 00:59:51	you know,
610	00:59:53 --> 00:59:59	the market maker model is what I'm going to teach as my final model on the 2023
611	01:00:00 --> 01:00:07	addition, it will be released on October 31. I'll release it at 9pm. My local
612	01:00:07 --> 01:00:16	time, and it'll teach, which is what I used for Friday's trade. So what I
613	01:00:16 --> 01:00:22	employed on Friday with the NASDAQ was all based on using a market maker sell
614	01:00:22 --> 01:00:27	model. It is not wiped off. I'm going to smash everybody that thinks that this is
615	01:00:27 --> 01:00:35	like off, it is absolutely not like off. This is algorithmic, it's 100% matched
616	01:00:35 --> 01:00:40	to the buy side, which you expect to see on the sell side. You do not see that in
617	01:00:40 --> 01:00:48	Wycoff. Okay, it's to the PIP to the point. It's very specific. repricing
618	01:00:48 --> 01:00:52	redelivering that's what it is. Okay, it has absolutely nothing to do with buying
619	01:00:52 --> 01:00:56	and selling pressure has nothing to do with retail, it has nothing to do with
620	01:00:56 --> 01:01:04	Support Resistance. I anticipated that we would get this flash of rushing down
621	01:01:04 --> 01:01:08	and hit that sell side I was when I was recording it. I wanted to see it like
622	01:01:08 --> 01:01:12	post four o'clock, I wanted to see it sprint down here and just break down
623	01:01:12 --> 01:01:16	here and close below it. I need an allowance for that. But as we approached
624	01:01:16 --> 01:01:21	closer and closer, I was like, Okay, I want to be getting out near the low. So
625	01:01:21 --> 01:01:27	I rolled that stop real tight. And it allowed me to get out. But it didn't go
626	01:01:27 --> 01:01:34	higher. much beyond that. It didn't make a lower low either. So I'm content with
627	01:01:34 --> 01:01:39	how I manage that trade. I'm completely content with it. And I don't regret
628	01:01:40 --> 01:01:45	anything that I should have done as the trader that was correct on the times
629	01:01:45 --> 01:01:50	when I was briefly looking at it through my phone. Like I wasn't peeling over the
630	01:01:50 --> 01:01:53	charts. With my monitors in front of me like I'm sitting in my recliner right
631	01:01:53 --> 01:01:57	now in my office. And I have the screens in front of me they're off. They're,
632	01:01:57 --> 01:02:01	they're idle, nothing's being done right now. But usually, when I'm talking to
633	01:02:01 --> 01:02:06	you, unless I tell you I'm out and about, I'm standing in front of this
634	01:02:07 --> 01:02:12	real estate of markets given me a very diverse approach to seeing everything in
635	01:02:12 --> 01:02:17	concert, how all the markets are relating to one another dollar, Forex,
636	01:02:18 --> 01:02:25	oil, gold, everything that I would refer to as a intermarket relationship. I'm
637	01:02:25 --> 01:02:32	constantly getting all that feedback. Now. I also know, through experience as
638	01:02:32 --> 01:02:38	a teacher, that if I sit down with you, and I show you in some of your asking
639	01:02:38 --> 01:02:43	this, and this is my response to this, okay? You want me to sit and show you
640	01:02:44 --> 01:02:48	and pan around and show you what's on my screens. Okay. And what I'm looking at
641	01:02:48 --> 01:02:56	what I'm referring to none of you are at that point where it's going to be
642	01:02:56 --> 01:03:01	helpful for you to do this. Because it's going to be too much information, you
643	01:03:01 --> 01:03:05	won't have to experience you won't have the experience to ferret out the things
644	01:03:05 --> 01:03:09	that you're looking for. And quite frankly, I don't have decades to teach
645	01:03:09 --> 01:03:14	you the level of experience that's required to do what it is I'm doing. I
646	01:03:14 --> 01:03:19	mean, it sounds like a cop out. But there's I mean, at some point, there's
647	01:03:19 --> 01:03:23	going to be a knack that's required. And that was one of the things that was
648	01:03:23 --> 01:03:28	problematic for me as a teacher, because I wanted to be able to teach everything.
649	01:03:29 --> 01:03:32	And there are certain things that I'm not allowed to teach. And there's
650	01:03:32 --> 01:03:36	certain things that I'm not equipped to because the factor of time, the factor
651	01:03:36 --> 01:03:42	of, you know, I may not be here tomorrow, I may not be here today, you
652	01:03:42 --> 01:03:45	know, today's not promised to me and tomorrow, certainly not promised to me.
653	01:03:46 --> 01:03:53	But I've done is the best of my ability, I've been able to share in a means of
654	01:03:54 --> 01:03:59	articulating what it is that I understand about price. It's proven to
655	01:03:59 --> 01:04:02	be effective, because other people have taken that information and have made
656	01:04:02 --> 01:04:06	money with it. And they're consistently making money with it. And they're not
657	01:04:06 --> 01:04:11	being told what to buy and sell by me. None of my students ever get that. So
658	01:04:11 --> 01:04:15	when you get your results, you've done it on your own. And that's a testimony.
659	01:04:15 --> 01:04:20	That's that's what you're supposed to be looking for your own results using what
660	01:04:20 --> 01:04:23	it is I've taught, and you should be encouraged by the other people that have
661	01:04:23 --> 01:04:29	done it. But looking at all the information and being able to ferret out
662	01:04:30 --> 01:04:38	the right way of interpreting it. Understand that I am a human being. And
663	01:04:38 --> 01:04:42	if I see something in price action, well Mises make it very plain and simple. Did
664	01:04:42 --> 01:04:47	the dollar index give me what I want to see as a catalyst for me to take a trade
665	01:04:47 --> 01:04:57	this week? No. It didn't. So if I was being dogmatic about it, I should not
666	01:04:57 --> 01:05:04	have taken that trade on Friday. Did I break a rule no. I was operating as a
667	01:05:04 --> 01:05:08	mentor, and also limiting my exposure because I identified the fact that
668	01:05:09 --> 01:05:13	number one, I'm human to my attention, stuff like that it's divided, and it's
669	01:05:13 --> 01:05:18	being diverted to other things. There's a lot of things going on, and it's hot.
670	01:05:19 --> 01:05:21	Like all these things that are occurring over in Israel and Gaza, and in the
671	01:05:21 --> 01:05:27	Middle East. That's a hot topic right now. I mean, good grief, I asked a
672	01:05:27 --> 01:05:31	Muslim a question. And they want to have holy war on me in Twitter when I just
673	01:05:31 --> 01:05:35	simply asked the question. So while I'm not afraid of any of that stuff, it's
674	01:05:35 --> 01:05:42	just unfortunate that everything right now is volatile. We can't, we can't even
675	01:05:42 --> 01:05:50	have a conversation about anything. So I know, because of all these factors, and
676	01:05:50 --> 01:05:56	what you're all incurring in your everyday life, things are expensive. You
677	01:05:56 --> 01:05:59	want to be able to do this faster, and you're going to blame me, if you make a
678	01:05:59 --> 01:06:04	mistake, you're not going to own it. I placed a limit on me as the mentor
679	01:06:04 --> 01:06:08	sandpit for me to talk openly about what I think is going to happen, it's going
680	01:06:08 --> 01:06:14	to require this, then I'll take a trade I'll I'll show you something. Based on
681	01:06:14 --> 01:06:19	this information here, though, as Friday came, and I'm looking at price, and I'm
682	01:06:19 --> 01:06:26	like, Man, I'm teaching on the market maker models this month, it will be it'd
683	01:06:26 --> 01:06:31	be horrible for me to let this go by. And only talk about it in a review on
684	01:06:31 --> 01:06:36	Sunday after the fact. So I wanted to have something. And I wanted to make up
685	01:06:36 --> 01:06:40	for not having done anything all week. So anybody out there wants to do the
686	01:06:40 --> 01:06:44	scaling and measuring of, you know, mine's bigger than yours type thing. I
687	01:06:44 --> 01:06:48	did your whole month in one trade. And that's if you were doing it with real
688	01:06:48 --> 01:06:55	money. So that logic that I used in that trade that is incorporated in what I
689	01:06:55 --> 01:07:00	teach is my Market Maker, buy and sell model, that was a sell model. Okay, so
690	01:07:00 --> 01:07:05	if you want to get a preview of what we're talking about, I encourage you to
691	01:07:05 --> 01:07:07	go over to your NASDAQ chart
692	01:07:13 --> 01:07:20	but what the NASDAQ for December 2023. And I'm doing this from my phone because
693	01:07:20 --> 01:07:24	I want to turn the screens on because I know if I do this, with my main screens
694	01:07:24 --> 01:07:31	on I can turn it into a six hour session today. Do an ICP do it. I'm here for
695	01:07:31 --> 01:07:42	right. Alright, so you want to go to NASDAQ go up to a four hour chart. Some
696	01:07:42 --> 01:07:46	of you like I knew it was a four hour chart, I knew it. So if you look at your
697	01:07:46 --> 01:07:54	four hour chart, on NASDAQ December contract, and if you put your
698	01:08:09 --> 01:08:19	put your cursor where your mouse or whatever, when the low ahead of October.
699	01:08:23 --> 01:08:32	And it would be on the 27th of September, Wednesday, that low formed at
700	01:08:32 --> 01:08:41	10am. On the 27th of September, on your for our next lecture. Okay. And then we
701	01:08:41 --> 01:08:49	had a another low form. Some of you're like I'm waiting for these guys to do it
702	01:08:49 --> 01:08:54	on YouTube on that poll Machado, and others listen to him. Because I know
703	01:08:54 --> 01:08:57	these guys on YouTube, they take my Twitter spaces, and they use their own
704	01:08:57 --> 01:09:03	charts and whatnot. It makes it interactive, which is cool. And you have
705	01:09:03 --> 01:09:07	October 4 that low, I see have relatively equal lows there. So if you
706	01:09:07 --> 01:09:11	look at what price is dealing between the 27th of September and October 4 on
707	01:09:11 --> 01:09:18	NASDAQ, that is what is referred to by me as the original consolidation of the
708	01:09:18 --> 01:09:26	market maker sell model, the high that was formed between those two lows on the
709	01:09:26 --> 01:09:34	29th of September at 10am. That's the high of the original consolidation. So
710	01:09:34 --> 01:09:41	that little trading range there. When I'm looking for a reason to go short, my
711	01:09:41 --> 01:09:44	highest probability trades and the folks this is this is the part of these
712	01:09:44 --> 01:09:49	discussions where if you don't write it down, and then take what I'm about to
713	01:09:49 --> 01:09:54	say, and go back into your old data, your old charts, your old setups where
714	01:09:54 --> 01:09:58	you lost money, you're gonna see that it was not there. And then that's the
715	01:09:58 --> 01:10:03	reason why you lost That's how I discovered it. I looked at everything
716	01:10:03 --> 01:10:10	that I was doing with real money. And the things that constant kept repeating.
717	01:10:11 --> 01:10:15	Because I wanted them, I wasn't trying to hide myself from it, I wasn't trying
718	01:10:15 --> 01:10:18	to shield my eye and say, Oh, I made a mistake, let me pretend it's not
719	01:10:18 --> 01:10:22	happening and find fault with everything else except for myself. Now, there's a
720	01:10:22 --> 01:10:26	period of time when I was like that, but when I realized that this was never
721	01:10:26 --> 01:10:31	going to let me go, I was infected with these things, these markets, so I have
722	01:10:31 --> 01:10:35	to either learn to live with them productively and profitably, or I'm
723	01:10:35 --> 01:10:40	going to live a miserable existence, not being able to figure out anything to do
724	01:10:40 --> 01:10:47	anything with it. So my observations were, every time that I wanted to be a
725	01:10:47 --> 01:10:51	buyer or seller when I finally figured out short selling, because it took me a
726	01:10:51 --> 01:10:56	long time to trust doing that. If I was going against what I'm about to outline
727	01:10:56 --> 01:11:06	here, I think. So it goes without saying if I can see where I was making these
728	01:11:06 --> 01:11:11	problematic areas that were causing me to lose my accounts, not just losing
729	01:11:11 --> 01:11:18	trades, blowing the accounts, because I would be over leveraging, placing
730	01:11:18 --> 01:11:25	Olympic level results and required them to be perfect. You've been there before,
731	01:11:26 --> 01:11:31	you're placing all the hopes and dreams on one trade execution, this is going to
732	01:11:31 --> 01:11:36	pass my funded account, I'm gonna get a payout on this first trade with my first
733	01:11:36 --> 01:11:44	day, my first hour with my funded account, and you blood. That's how I
734	01:11:44 --> 01:11:48	treated as a 20 year old, because I needed to get out of the life I was it,
735	01:11:48 --> 01:11:54	I hated it. I hated on this four hour chart, that original consolidation
736	01:11:54 --> 01:12:00	between the 27th of September on the four hour and the October 4, low in the
737	01:12:00 --> 01:12:07	high on the 29th of September. You want to draw a rectangle on that. That
738	01:12:07 --> 01:12:15	trading range, okay? That trading range is something that the algorithm will
739	01:12:15 --> 01:12:26	reprice back below. It'll reach down below that. Not all the time. Sometimes
740	01:12:26 --> 01:12:31	you'll see it in the chart, sometimes the market will just deny that. And
741	01:12:31 --> 01:12:36	that's why you have to use a stoploss. That's the time that you as the human
742	01:12:36 --> 01:12:41	will err, you will make the mistake in believing that it will yield itself to
743	01:12:41 --> 01:12:47	you. And it won't he'll get real close to it and stop. Perfect example. No,
744	01:12:48 --> 01:12:52	don't change the chart stay on this four hour chart for NASDAQ. But I shared
745	01:12:52 --> 01:12:57	openly what I felt that the gold market might do. And I felt that it could go
746	01:12:57 --> 01:13:01	for those relatively equal lows and went down to a target that I mentioned but I
747	01:13:01 --> 01:13:06	still cosign I said me personally it would be reasonable to see it sleep
748	01:13:06 --> 01:13:12	bloating to the cell phone. It didn't do that. It vaulted higher. And then in the
749	01:13:12 --> 01:13:17	analysis I gave him a weak acid it would run for the ISI and sort of fell a bit
750	01:13:17 --> 01:13:25	said limit money feed ICT though short gold. How about that baby? Got your ass
751	01:13:25 --> 01:13:30	toasted, didn't you? Oh, I love it. I'm gonna miss that much. I'm gonna miss
752	01:13:30 --> 01:13:35	that so much and Twitter. Something you get through your phone's blown out
753	01:13:35 --> 01:13:40	right? Now drive, maybe sometimes it's gonna have I've been talking long
754	01:13:40 --> 01:13:44	enough, okay, I've been talking long enough and swing the other direction,
755	01:13:44 --> 01:13:48	right? But that original consolidation between the 27th of September and
756	01:13:48 --> 01:13:54	October 4 Low that consolidation tree dates and engineers sell side liquidity
757	01:13:54 --> 01:14:00	or sell stops below those relatively equal lows. Okay. And if we're expecting
758	01:14:00 --> 01:14:07	price to go up to some premium array, some reason to go up. Okay. Now I'm
759	01:14:07 --> 01:14:14	going to use very specific generic retail terms. So that way we can talk
760	01:14:14 --> 01:14:17	because I don't know what level of experience you have with me. I don't
761	01:14:17 --> 01:14:21	know if you're watching this on YouTube. And you found somebody that's taking my
762	01:14:21 --> 01:14:24	Twitter spaces, I don't have a problem with them doing it. I just don't want
763	01:14:24 --> 01:14:28	you taking my analysis or teaching videos and putting them up on your
764	01:14:28 --> 01:14:32	YouTube channel because i will tell your whole channel bam. And I've done a few
765	01:14:32 --> 01:14:34	of them is you're about to lose somebody you're going to lose your channel
766	01:14:34 --> 01:14:38	because you're monetizing my videos. I don't go for that and I'm going to take
767	01:14:38 --> 01:14:41	your shit down if you do it. And no, don't email me and ask me to take away
768	01:14:41 --> 01:14:47	the copyright because I won't. If you think the marks gonna go up to some
769	01:14:48 --> 01:14:52	retail retail resistance level to offer a shorting opportunity. I don't
770	01:14:52 --> 01:14:56	subscribe to that. Okay, I don't view the market like that. I believe the
771	01:14:56 --> 01:15:04	markets going up to a premium specific premium pdra imbalance or liquidity
772	01:15:04 --> 01:15:10	above where the original consolidation is trading. Okay, so we're expecting
773	01:15:10 --> 01:15:18	price to go up to go lower. Where should it go to, on the basis of declining rate
774	01:15:18 --> 01:15:23	below, there's relatively close at September 27, and October 4 respective
775	01:15:23 --> 01:15:29	lows, that liquidity below there, they're going to want to engage that it
776	01:15:29 --> 01:15:33	might not do it. But I believe we're going to get down and open below that on
777	01:15:33 --> 01:15:39	Sunday. I believe that's what we're doing. Or we're going to open up lower,
778	01:15:39 --> 01:15:44	fancy dance around the open Sunday, and then reach quickly down below those
779	01:15:44 --> 01:15:48	lows, one of the two things are going to happen. I personally want to see a gap
780	01:15:48 --> 01:15:53	way down here and open below it. That's what I want to see. Now what I want to
781	01:15:53 --> 01:15:57	see is irrelevant. What I want to see should have no relevance over your
782	01:15:57 --> 01:16:02	trading and your trade decisions. But my experience, would I want to see as a
783	01:16:02 --> 01:16:06	trader, what I want to see as an analyst, what I would expect that
784	01:16:06 --> 01:16:09	something's going to happen today or has happened. And we don't know, because the
785	01:16:09 --> 01:16:13	internet's down in Gaza, in northern Gaza, there can be all kinds of
786	01:16:13 --> 01:16:18	atrocities being done. Some kinds of escalation, do we have Sunday snail
787	01:16:18 --> 01:16:24	before no opening. Lot of things can happen. Shocking Things can happen. And
788	01:16:24 --> 01:16:30	we're in that climate where things like that can occur. So the central banks
789	01:16:30 --> 01:16:37	will use that sentiment, that shift in fear, which I'm not fear monger, I'm
790	01:16:37 --> 01:16:41	telling you how to master yourself in these environments, I'm not teaching you
791	01:16:41 --> 01:16:47	to be fearful that the boogeyman is gonna get you. So I blocked people that
792	01:16:47 --> 01:16:50	do that. And they say, I'm fear mongering on Twitter, you're a fucking
793	01:16:50 --> 01:16:53	asshole, get the fuck out of here. I don't want to hear from you. And I don't
794	01:16:53 --> 01:16:58	want to see your tweets, go talk that bullshit somewhere else. I'm teaching
795	01:16:58 --> 01:17:02	you how not to be fearful these things I can't change, then you're not going to
796	01:17:02 --> 01:17:04	change them, you're not going to stop that war, America is not going to stop
797	01:17:04 --> 01:17:08	that war. Israel is not going to talk nicely and say, Okay, we overstepped our
798	01:17:08 --> 01:17:11	boundaries. And you know, the Palestinians are like, Okay, we forgive
799	01:17:11 --> 01:17:15	you. And the Palestinians are not going to accept Israel in any capacity. So
800	01:17:15 --> 01:17:19	there's no solution. So we all have to deal with it, every nation is gonna have
801	01:17:19 --> 01:17:22	to deal with it, the market is going to use it as a sentiment, but it's going to
802	01:17:22 --> 01:17:26	cause all kinds of, you know, ramping up in volatility. So you have one or two
803	01:17:26 --> 01:17:31	choices, don't treat it all, or learn how to navigate it. And I'm teaching you
804	01:17:31 --> 01:17:34	how to navigate it. You don't have to like or even subscribe to the things I'm
805	01:17:34 --> 01:17:37	teaching, but don't come to my fucking shit if you're not trying to learn
806	01:17:37 --> 01:17:39	because you're wasting your time. So you got to see something that's offensive
807	01:17:39 --> 01:17:42	that I know that you're not trying to learn. I'm going to tell you Pouncy and
808	01:17:42 --> 01:17:46	get the fuck out of here. So I'm not fear mongering nothing. But I want to
809	01:17:46 --> 01:17:50	see it gapped down below. There's relative equal lows on Sunday, because
810	01:17:51 --> 01:17:57	it will be a confirmation that we're going deeper into that daily bias and
811	01:17:57 --> 01:17:57	amounts.
812	01:17:59 --> 01:18:02	Remember, I was highlighting that a month and a half ago about that there's
813	01:18:02 --> 01:18:09	going to be the quarterly shift target. And Thanksgiving at OSHA, I think, if
814	01:18:09 --> 01:18:14	I'm, if I'm correct, and I am 51. Now, so that might be having a senior moment.
815	01:18:14 --> 01:18:17	But don't take my word for what I'm about to say go back and listen to the
816	01:18:17 --> 01:18:21	analysis. Go back and read the tweets. I'm not getting any money for you
817	01:18:21 --> 01:18:27	looking at old tweets. I believe that today I stated that NASDAQ by
818	01:18:27 --> 01:18:32	Thanksgiving, we should be down there in that bison imbalance on this daily
819	01:18:32 --> 01:18:40	chart. Well, we're a little bit midpoint past midpoint of October. We have a
820	01:18:40 --> 01:18:46	couple of weeks, a lot of things to happen between now and Thanksgiving. And
821	01:18:46 --> 01:18:54	we're fastly approaching those relative equal lows on the daily chart on s&p,
822	01:18:55 --> 01:18:59	and NASDAQ. There's real liquidity down there. The folks that thought that that
823	01:18:59 --> 01:19:06	October low that follow is in. I told everybody there's no reason to own
824	01:19:07 --> 01:19:11	equities. There's no reason to own stocks. And where's the clowns that
825	01:19:11 --> 01:19:14	we're talking some shit. It's getting? You're getting eviscerated right now.
826	01:19:16 --> 01:19:22	That October low to me was suspect it was like a fake trust it. And how do
827	01:19:22 --> 01:19:34	they make you trust it putting in fake pseudo support double bottoms? Well, if
828	01:19:34 --> 01:19:38	you look inside that consolidation, go to the right of it, you're going to see
829	01:19:38 --> 01:19:45	that there is on your four hour chart. The 10am of October 6, it's Friday.
830	01:19:46 --> 01:19:55	There's a fair value gap there. In that fear of a gap, extend that over to the
831	01:19:55 --> 01:20:05	right to the right of the highest forms. On October 12, all of this discussion is
832	01:20:05 --> 01:20:10	germane to the four hour chart of NASDAQ. And you might think, or might be
833	01:20:10 --> 01:20:16	thinking yourself, and I trade Eurodollar you can offer this stuff.
834	01:20:16 --> 01:20:19	Talk about Europe. No, I know. What I'm talking about here applies to every
835	01:20:19 --> 01:20:24	other asset class. It's not limited to just this. This is what price is doing.
836	01:20:24 --> 01:20:29	I'm trying to teach you to learn how to trust the language I've been using.
837	01:20:29 --> 01:20:34	There's a thing that constantly reoccurs over and over and over again, and it's
838	01:20:34 --> 01:20:39	the repricing to liquidity or repricing to inefficiencies. That's the market
839	01:20:39 --> 01:20:43	truism. That's the truth, it has absolutely nothing to do with the amount
840	01:20:43 --> 01:20:46	of buying and selling pressure. It doesn't lean on the logic of anything
841	01:20:46 --> 01:20:51	else out there. That's all the markets doing. It's not doing that it's
842	01:20:51 --> 01:20:55	consolidating. In the rare instances, and we're probably gonna see more of
843	01:20:55 --> 01:20:58	these instances start popping up here in the coming weeks and months, you're
844	01:20:58 --> 01:21:02	going to see manual intervention, we're going to see the sudden, where did that
845	01:21:02 --> 01:21:12	come from? Perfect example. Last week, look at your Japanese yen. In seconds,
846	01:21:12 --> 01:21:20	it moved 100 pips and then erased it. It looked like it was a data error. Like
847	01:21:20 --> 01:21:23	what is this, then you go across all the brokers and they all had the same thing.
848	01:21:25 --> 01:21:28	So I tell you, I don't trade yen, I do not trade that currency, because it's
849	01:21:28 --> 01:21:34	absolutely highly manipulated, Swiss franc is to, and gold is equivalent to
850	01:21:34 --> 01:21:44	that. It's event driven market. But in wartime scenarios, you know, you can see
851	01:21:44 --> 01:21:50	gold moving around a lot. But that's fair value. Got it. As mentioned before,
852	01:21:50 --> 01:21:57	I tried to extend them to the right. It's going to behave like a point of
853	01:22:00 --> 01:22:05	magnetism, it's, it's going to draw price into it again, it's going to act
854	01:22:05 --> 01:22:14	as a means of collecting interest, pooling interest into that range of that
855	01:22:14 --> 01:22:21	fair value. On the basis of an inversion theoretical. Now, if you have been
856	01:22:21 --> 01:22:27	listening to these long winded rants and dry conversations, not overcharged, but
857	01:22:27 --> 01:22:32	in Twitter spaces. If I was a college professor, and I was teaching a lecture,
858	01:22:32 --> 01:22:36	and you paid for this course, because it was part of your major, and you actively
859	01:22:36 --> 01:22:40	wanted to learn, you would be literally writing down everything that I'd be
860	01:22:40 --> 01:22:45	talking about, because you want to you want to maximize the time with this
861	01:22:45 --> 01:22:49	professor or this teacher and a lecturer. When I sit down with these
862	01:22:49 --> 01:22:52	Twitter spaces, I'm not here twiddling my thumbs and talking for the sake of
863	01:22:52 --> 01:22:57	human voice, I'm telling you the things that you should be listening for. And
864	01:22:57 --> 01:23:04	I'm writing them down. Like I'm gonna say here. If I see a PD array that my
865	01:23:04 --> 01:23:10	interest is in, and I expect it in its will, it's usually willing to go back up
866	01:23:10 --> 01:23:18	to it if I'm bearish if it trades up to a fair Vega. Okay, does that fair value
867	01:23:18 --> 01:23:22	gap, create the continuation of the theory that I think that the market will
868	01:23:22 --> 01:23:28	go lower? Or is it performing inside that fair value gap and overshooting and
869	01:23:28 --> 01:23:35	closing above it? There's a decision to be made there. But what happens and what
870	01:23:35 --> 01:23:45	can I say if a PV array can't be even reached? If you can't reach it, and
871	01:23:45 --> 01:23:50	you're bearish, and it's, it's going up, but it doesn't get there it just fall
872	01:23:50 --> 01:23:55	short of it. And then all of a sudden starts telling you what order flow is
873	01:23:55 --> 01:24:00	heavy. And once they go lower. What does that mean? That means it's decidedly
874	01:24:00 --> 01:24:06	weak. It can't even get back to an emergent fair value gap. So if we can't
875	01:24:06 --> 01:24:12	accomplish that, we're really heavy, really heavy. And late in the afternoon,
876	01:24:12 --> 01:24:17	yesterday, around 130. I was looking at rally I was like, Okay, I know this is
877	01:24:18 --> 01:24:25	I'm shorting that. I shorted it into a breaker. I'll show you in the review on
878	01:24:25 --> 01:24:32	Sunday, but I was using a breaker as the basis of it. And then I pyramid it into
879	01:24:32 --> 01:24:40	it and then create a new lower peer value gap. I traded into the return of
880	01:24:40 --> 01:24:45	an impulse leg lower. I was trading that first return in which I knew was
881	01:24:45 --> 01:24:48	probably going to be a fair value gap. And then I went into it again and added
882	01:24:48 --> 01:24:53	more and then I didn't get that sellside delivery. I really was expecting it to
883	01:24:53 --> 01:24:57	do it after four o'clock like celery, another 100 handles, which would have
884	01:24:57 --> 01:24:59	been like Wow, did you see what I was waiting to see that and everybody's
885	01:24:59 --> 01:25:03	tweets like where that comes from. And then I would have been sliding in and
886	01:25:03 --> 01:25:08	saying, check this out. But it didn't do it either way, you know, it was a matter
887	01:25:08 --> 01:25:12	of me being able to use information I'm gonna be teaching you, that is in the
888	01:25:12 --> 01:25:19	marketplace, every single week, it's there. Every timeframe, it's new. But I
889	01:25:19 --> 01:25:28	like a second stage redistribution on a market maker sell model. And or, I like
890	01:25:28 --> 01:25:34	a second stage re accumulation in a market maker by model. Now, I'm not
891	01:25:34 --> 01:25:39	gonna be final my market make your buying model as a reverse of this. So
892	01:25:39 --> 01:25:42	the market would be creating consolidation, dropping down into a
893	01:25:42 --> 01:25:46	discount just simply to go higher to go above the original consolidation. Here,
894	01:25:46 --> 01:25:51	on this four hour chart, the structure is a four hour market maker Salmo. Now,
895	01:25:51 --> 01:25:55	if you look at the the high formed on
896	01:26:02 --> 01:26:07	October 12, and on your for our chart, it should be your 10am candle, that is a
897	01:26:07 --> 01:26:17	smart money reversal. And then you can see the low risk short forms on the
898	01:26:18 --> 01:26:23	October 13 6am candle. And it's trading right up into the fair value get that
899	01:26:23 --> 01:26:32	formed October 12, at 10am on that candle, and then we had the first stage
900	01:26:32 --> 01:26:39	distribution on October 16, which is the 2pm candle. All of this is relative and
901	01:26:39 --> 01:26:45	germane to the four hour chart still. And then we had a lot of consolidation
902	01:26:45 --> 01:26:49	in there. And then finally a dove down. And then we have the second stage
903	01:26:49 --> 01:27:00	redistribution at 10am. Thursday, October 19. And that leg blower did not
904	01:27:00 --> 01:27:05	trade. It did not trade below the original consolidation of the October
905	01:27:05 --> 01:27:11	27. I'm sorry, it's September 27. Low and October 4 Well, so there's still
906	01:27:11 --> 01:27:16	room and opportunity to see that expansion lower. And I saw the afternoon
907	01:27:16 --> 01:27:24	rally going into 130, what's at 130? What do I teach you about 130 I'll give
908	01:27:24 --> 01:27:34	me a minute to drink. 130 ends of the lunch hour macro. It's like whatever is
909	01:27:34 --> 01:27:41	gonna happen in lunch. It ends at 130. So I can take the trade and I start
910	01:27:41 --> 01:27:46	observing with time that start telling you that I observed the pm session 130.
911	01:27:47 --> 01:27:54	Why? Because it ends at 130. But there's still a lot, nobody takes a lunch RTT
912	01:27:56 --> 01:28:05	the markets are run on this idea. It's all controlled. There's a time and
913	01:28:05 --> 01:28:11	schedule for all these things to occur. And when that market was rallying in the
914	01:28:11 --> 01:28:17	afternoon, after lunch yesterday, it trades up until a breaker that was the
915	01:28:17 --> 01:28:22	draw for it. And then it rotates lower and gives you everything you would
916	01:28:22 --> 01:28:27	expect to see form. If it's going to drop this acceleration down creates a
917	01:28:27 --> 01:28:30	fair value gap in the form of a city sells on the balance by center
918	01:28:30 --> 01:28:33	efficiency, then it trades up into that offering what an opportunity to be short
919	01:28:33 --> 01:28:38	again, if you miss it, and write it going into the last hour of trading. And
920	01:28:38 --> 01:28:45	this hold for these lows here on the September 27. And October 4 respective
921	01:28:45 --> 01:28:50	for our lows. I don't think it's going to just go there and stop. I think it's
922	01:28:50 --> 01:28:54	going to dig next week deeper into that daily bias and analysis on efficiency.
923	01:28:55 --> 01:28:58	That quarterly shift target I gave you a month and a half ago, when we were
924	01:28:58 --> 01:29:05	trading up everybody else has seen is going higher. It's going to keep going
925	01:29:05 --> 01:29:08	higher. I see I'm gonna bet you there's going to be higher, where are you at
926	01:29:08 --> 01:29:17	now. You blocked me, that's where you're heading. All these things is a tapestry
927	01:29:18 --> 01:29:24	that requires you to spend time learning this language, sitting with me observing
928	01:29:24 --> 01:29:29	it, and not trying to rush out there to get money. And because things are
929	01:29:29 --> 01:29:33	expensive, they're getting more expensive. You're all going to hang on
930	01:29:33 --> 01:29:38	the words that I tell you. And you're gonna use that as a catalyst to get into
931	01:29:38 --> 01:29:42	a trade that I did not tell you to take. And that's what I think about more than
932	01:29:42 --> 01:29:47	anything anymore now because there's so many of you. It's very intimidating for
933	01:29:47 --> 01:29:52	me, because I don't sound like an introvert when I'm talking to you like
934	01:29:52 --> 01:29:58	this. Because I'm shielded. I'm in my little bubble here. I'm comfortable. I'm
935	01:29:58 --> 01:30:04	in my own space. But I would not talk to you this way, if we were in a group
936	01:30:04 --> 01:30:11	setting. On this gonna be a big drop for you because I don't think it's
937	01:30:11 --> 01:30:17	disrespectful, Tom who guard has been trying very hard to get me to go over
938	01:30:18 --> 01:30:26	and be a part of his his venues. And number one, I don't fly to that I just I
939	01:30:26 --> 01:30:32	don't feel that travels a good thing for right now. And my wife simply wasn't
940	01:30:32 --> 01:30:37	going for it. So now because he doesn't trust me this he's like, Nah, that's not
941	01:30:37 --> 01:30:46	do that. But the predominant thing was, I would not feel comfortable. And I told
942	01:30:46 --> 01:30:51	him, the time I said, I'm just not comfortable in that setting. Like, I'm
943	01:30:51 --> 01:30:55	not comfortable. And I had lots of people asking me for interviews, sit
944	01:30:55 --> 01:31:03	down in front of, you know, a nice studio setting, and have a real good
945	01:31:03 --> 01:31:08	discussion about what I'm teaching, what I've done, what my vision of the future
946	01:31:08 --> 01:31:14	is for what it's I've shared, and or just have that first, in depth face to
947	01:31:14 --> 01:31:19	face, you can probably ask all the questions that you want to ask me. I'm
948	01:31:19 --> 01:31:24	just not comfortable with that. And it took a lot of confidence that courts
949	01:31:24 --> 01:31:29	will be respectful. And he had this disposition and demeanor that I felt was
950	01:31:29 --> 01:31:35	appropriate. And I gave him the least of everyone on the YouTube community, the
951	01:31:35 --> 01:31:39	person I would sit down and just talk openly with. And I was very
952	01:31:39 --> 01:31:45	uncomfortable in that conversation still to. And there were things that we talked
953	01:31:45 --> 01:31:51	about that I asked him to the minute I asked him to take those things out. But
954	01:31:51 --> 01:31:58	I was being considered to him and the questions he asked, I answered. But
955	01:31:58 --> 01:32:03	those questions I've already answered publicly anyway. I've already stated all
956	01:32:03 --> 01:32:12	these things before. But I am absolutely introverted. And I feel empowered, I
957	01:32:12 --> 01:32:19	guess, in a way in the solitude in this medium like this, it allows me to be
958	01:32:19 --> 01:32:24	something I wouldn't otherwise be able to do in front of a large group of
959	01:32:24 --> 01:32:31	people because it's intimidating, to be in front of other people. Not because
960	01:32:31 --> 01:32:36	this stuff doesn't work not because I don't think that, you know, I could do
961	01:32:36 --> 01:32:43	it, I just don't feel comfortable doing it. I'm real wordy in long winded like
962	01:32:43 --> 01:32:46	this, because I'm trying very hard to articulate something I want you to
963	01:32:46 --> 01:32:53	understand. I'm observant, that some of you want it done quicker and shorter.
964	01:32:53 --> 01:32:59	But I'm also a realist. And I'm also aware that what you're asking can't be
965	01:32:59 --> 01:33:04	delivered. You can't learn this stuff in five minutes, short little trainers, it
966	01:33:04 --> 01:33:08	would take millions of them. And you still would be doing what I'm trying to
967	01:33:08 --> 01:33:12	do anyway, which is called data, the idea that you have to be patient, and
968	01:33:12 --> 01:33:17	you're going to learn in your own pace. You're going to learn in your own
969	01:33:17 --> 01:33:20	comfort, you're gonna discover what makes you uncomfortable, and what makes
970	01:33:20 --> 01:33:26	you comfortable. And you want your learning to be very comfortable. And as
971	01:33:26 --> 01:33:30	an educator, I have to be comfortable. Otherwise, I'm not going to give you my
972	01:33:30 --> 01:33:37	best. If I'm like I discovered when I did my first year mentorship, and I had
973	01:33:37 --> 01:33:44	165 people. That was the first round entry of what came in. And I had
974	01:33:44 --> 01:33:50	GoToWebinar. And all 165 of those individuals was asking me something
975	01:33:51 --> 01:33:55	right then and there. And the weight of me not being able to answer every single
976	01:33:55 --> 01:34:01	person hitting like a ton of bricks. I'm like, wow. Like, how am I going to
977	01:34:01 --> 01:34:06	answer all of this? And how can I manage their expectations when they all feel
978	01:34:06 --> 01:34:12	like they deserve? And they did they do deserve? To have their question fielded
979	01:34:12 --> 01:34:17	by me. But you'd also be surprised to see how many of them were just the
980	01:34:17 --> 01:34:23	rewording of the same questions. And that's why I tell all you, I promise you
981	01:34:23 --> 01:34:26	because I've been doing this enough time now even before 2016 I already know what
982	01:34:26 --> 01:34:30	questions you're gonna ask. Are, you know, what you're wanting to know are
983	01:34:30 --> 01:34:33	you know what you feel like is a problem for you right now. But it really isn't a
984	01:34:33 --> 01:34:37	problem. But you're not willing to listen to these discussions where I'm
985	01:34:37 --> 01:34:41	willing to sit down with you spend my personal time that says this is
986	01:34:41 --> 01:34:47	expensive for me. I can be doing lots of other things right now. I don't have to
987	01:34:47 --> 01:34:51	be doing this weekend. I'm choosing to do this because I care I want to see you
988	01:34:51 --> 01:34:58	succeed. I want to see you do well. But I also want to do the best as an
989	01:34:58 --> 01:35:02	educator, and I don't want to have Fast anything. So when I try to teach
990	01:35:02 --> 01:35:06	something, I go into all the little subtle nuances that are going to be
991	01:35:06 --> 01:35:09	impactful, even though you may not appreciate it at the time, because you
992	01:35:09 --> 01:35:13	think it's extra, it's fluff. It's not fluff, it's something that's going to be
993	01:35:13 --> 01:35:17	paramount to you. Because at some point, you're going to try to implement this
994	01:35:17 --> 01:35:21	information, you're gonna get a do it with a live account, a funded account,
995	01:35:21 --> 01:35:25	combine or funded account, or a demo that you have a whole lot of hopes and
996	01:35:26 --> 01:35:30	you set goals, if it does different, I'm going to move to a funded account, or
997	01:35:30 --> 01:35:34	I'm going to go to a live account if it performs well in this demo account. But
998	01:35:34 --> 01:35:37	you're not going to have all the information, because you want to just
999	01:35:37 --> 01:35:42	pick and choose and have selective understanding, you want to go to
1000	01:35:42 --> 01:35:45	somebody else that's trying to teach my son, my subject matter.
1001	01:35:54 --> 01:36:01	I don't know how else to say it, then it's going to take you longer. And I've
1002	01:36:01 --> 01:36:04	done everything I could over the years to try to simplify something that's
1003	01:36:04 --> 01:36:09	very, very complex. If these markets are, in fact, ran by an algorithm, and
1004	01:36:09 --> 01:36:13	I'm framing that in the argument, the people that don't want to believe it, if
1005	01:36:13 --> 01:36:23	they are, wouldn't it require a great deal of theory to be understood? On what
1006	01:36:23 --> 01:36:28	basis do they implement, the price runs higher and lower? And when would they
1007	01:36:28 --> 01:36:33	consolidate and frustrate you and not present opportunities when other people
1008	01:36:33 --> 01:36:36	might see something and try and say, oh, there's something there and they get
1009	01:36:36 --> 01:36:42	whipsawed and chopped up. I'm sharing that with you, I'm telling you when to
1010	01:36:42 --> 01:36:47	see the markets in, it's going to be problematic. There might be
1011	01:36:47 --> 01:36:52	opportunities there. But it won't be easy, because there's going to be high
1012	01:36:52 --> 01:36:55	resistance. And it still might go to where you think it's gonna go. But it
1013	01:36:55 --> 01:36:59	won't be a clean one single run to it. And I'm teaching you how to identify
1014	01:36:59 --> 01:37:04	that. That's what you want to be pursuing. But those runs don't happen
1015	01:37:04 --> 01:37:12	every single day. Those low resistance liquidity runs do not happen every day.
1016	01:37:16 --> 01:37:21	price fluctuates, yes, price runs for liquidity each day. It runs for
1017	01:37:21 --> 01:37:26	inefficiencies each day. But on the basis of how they do that, there's a
1018	01:37:26 --> 01:37:30	differentiation between a high resistance run where it will run a
1019	01:37:30 --> 01:37:35	little bit, pullback consolidate, run a little bit, pullback, consolidate, deep
1020	01:37:35 --> 01:37:40	retracement, go up a little bit more, not go to where you think it's gonna go.
1021	01:37:40 --> 01:37:44	And then retrace even further run where your stop losses is going to be and then
1022	01:37:44 --> 01:37:48	run there. That's high resistance. If you're just now learning how to trade
1023	01:37:48 --> 01:37:52	using what I'm teaching, you'll fall victim to that and think that none of
1024	01:37:52 --> 01:37:55	this works. And you'll quit because you don't have the experience or the
1025	01:37:56 --> 01:38:02	backdrop of having back tests and seeing this happen sometimes. And that's why I
1026	01:38:02 --> 01:38:06	teach the way I do because I want you to identify the characteristics that create
1027	01:38:06 --> 01:38:10	those environments, that's gonna be high resistance, not for the sake of, you
1028	01:38:10 --> 01:38:14	know, telling you not to trade, when there's Joe Blow down the street is
1029	01:38:14 --> 01:38:18	telling you, here's what I can do. And this is what I've done, this is what my
1030	01:38:18 --> 01:38:24	students did, okay, I get students that get lucky, doing something that I would
1031	01:38:24 --> 01:38:29	have never told them to engage in. And they think that that was experience
1032	01:38:29 --> 01:38:35	using something. But I'm not going to shoot down their inspiration. If they're
1033	01:38:35 --> 01:38:38	motivated by that. I'm not going to talk that down. But I've seen many of my
1034	01:38:38 --> 01:38:41	students come forward and say, Look at this, I did this and do this. I'm like,
1035	01:38:42 --> 01:38:49	Okay, I know enough to know what you're thinking you saw there was the valid
1036	01:38:49 --> 01:38:58	pursuit of that move. But for me to say that would deflate them. So I don't do
1037	01:38:58 --> 01:39:02	that. And some of you might think, well, that's your terrible mentor, because you
1038	01:39:02 --> 01:39:05	should be correcting them. No, because in the beginning, you need every bit of
1039	01:39:05 --> 01:39:09	cheerleading. And some of these people are very, very new. And if it keeps them
1040	01:39:09 --> 01:39:14	inspired to keep doing it, by experience, and by default, they'll
1041	01:39:14 --> 01:39:19	learn when they should see in it. Like anything else, any trader that's been
1042	01:39:19 --> 01:39:23	doing this for a long period of time, you know, what your growth and growing
1043	01:39:23 --> 01:39:28	pains were. And as much as you hated going through it at the time, as a
1044	01:39:28 --> 01:39:32	mature, consistently profitable trader, you can look back and say, I'm thankful
1045	01:39:32 --> 01:39:36	that I went through that because it makes me stronger as an analyst. It
1046	01:39:36 --> 01:39:41	makes me stronger as a trader, it is me the freedom to not pursue something
1047	01:39:41 --> 01:39:51	that's probably going to hurt me. So knowing all those things, don't worry,
1048	01:39:51 --> 01:39:55	I'm not going to lay down all the things on Sunday. I'll actually give you all
1049	01:39:55 --> 01:39:59	the details here with this, what I use and get into it and and all our business
1050	01:39:59 --> 01:40:09	but For the sake of discussion and moving on, there are times where, with
1051	01:40:09 --> 01:40:16	my experience, and I don't know how to I don't have a bridge, over 30 years
1052	01:40:16 --> 01:40:24	experience now doing this, I can't, in any way, shape or form, reduce it,
1053	01:40:24 --> 01:40:37	condense it. Make it quicker for you to digest and learn properly. And know
1054	01:40:37 --> 01:40:45	exactly what to do when not to do in any shorter fashion. And it's not for lack
1055	01:40:45 --> 01:40:49	of trying, because I've tried. For decades, I've tried to make this shorter
1056	01:40:49 --> 01:40:53	and sweeter. And I just don't know how to do it. And it might be a limitation
1057	01:40:53 --> 01:40:57	on me as a teacher, I'd like to subscribe to that view. And I think
1058	01:40:57 --> 01:41:05	that's what it is. But what if it's not? Can you fault me? Because I'm trying,
1059	01:41:06 --> 01:41:10	I'm trying my best. And for some of you, my best isn't going to be good enough.
1060	01:41:11 --> 01:41:15	And that's okay. It used to hurt my feelings because I wore my heart on my
1061	01:41:15 --> 01:41:19	sleeve. And I wanted everybody to warm up to the things I was teaching and find
1062	01:41:19 --> 01:41:25	easy success with it. And I had people in my mentorship leave. It took it I
1063	01:41:25 --> 01:41:29	took it to heart, like I mean, it's like, yeah, why would they want to
1064	01:41:29 --> 01:41:32	leave? Like I'm literally calling the market beforehand, every single day. And
1065	01:41:32 --> 01:41:36	it's unfolding like this. And I discovered over time listening to people
1066	01:41:36 --> 01:41:41	explain their hardships and what they wrestled with. They wanted to trade with
1067	01:41:41 --> 01:41:46	it. Not just okay, yeah, you said it's gonna happen. But I want you to put me
1068	01:41:46 --> 01:41:50	in the trade. I want you to carry me through the trade, taking the deaths
1069	01:41:50 --> 01:41:54	gonna somehow make it easier for them when the only thing that would have done
1070	01:41:54 --> 01:41:58	was created codependence. And some of you now have codependence that you're
1071	01:41:58 --> 01:42:03	upset about me saying that I'm leaving social media in three weeks, like the
1072	01:42:03 --> 01:42:06	end of the world's coming because I'm leaving that when you have the greatest
1073	01:42:06 --> 01:42:10	learning opportunity ahead of you. You shouldn't be afraid of that. It's
1074	01:42:10 --> 01:42:16	exciting. But I know what it was like, feeling like, you know, I reached the
1075	01:42:16 --> 01:42:21	end. There's nobody else is going to help me. What happens if I never get it?
1076	01:42:22 --> 01:42:25	What happens if I never get it if I can never get past where I'm at right now
1077	01:42:25 --> 01:42:31	when I finally throw in the towel said I'm not buying nobody else's books. I'm
1078	01:42:31 --> 01:42:34	not buying anybody else's courses for the sake of learning. I still bought
1079	01:42:34 --> 01:42:39	things because I wanted to see the things that I was teaching people one on
1080	01:42:39 --> 01:42:44	one. I want to see those those things that are coming into the industry.
1081	01:42:47 --> 01:42:51	Things that I talked about on baby pips found their way on forex mentor.com.
1082	01:42:56 --> 01:43:06	And I had a heated exchange with Vince noble email. And I talked about it with
1083	01:43:06 --> 01:43:10	Chris Laurie. And I told him I said, you're the only person that had any
1084	01:43:11 --> 01:43:15	value overnight on that website. But, you know, for a number of years, I
1085	01:43:15 --> 01:43:19	bought everything over there and honestly, and I'm sure they're gonna
1086	01:43:19 --> 01:43:22	come and create Sockpuppet accounts and come and troll me whatnot, but
1087	01:43:23 --> 01:43:27	everything on that fucking website Forex mentor.com is a bunch of bullshit.
1088	01:43:28 --> 01:43:36	Bullshit. It's all bullshit. The only thing that was redeeming with what Chris
1089	01:43:36 --> 01:43:44	Lord was talking about was he mentioned price action without indicators. But I
1090	01:43:44 --> 01:43:49	don't trade with Chris Lord shit, and his own students that came to me and are
1091	01:43:49 --> 01:43:56	still with him. They cosign on it I still think that if you don't like what
1092	01:43:56 --> 01:44:01	I'm teaching, and you want to have something that I believe is away from
1093	01:44:01 --> 01:44:05	indicators, and I don't know if he's still doing what he did before but I did
1094	01:44:05 --> 01:44:15	watch him change. I did watch him delete years of content and focus on what his
1095	01:44:15 --> 01:44:24	new website and mentorship stuff was. Or he calls it a permanent Pro. What is it
1096	01:44:24 --> 01:44:36	pro something a pro church is wiped away years of what he used to teach how used
1097	01:44:36 --> 01:44:41	to teach it and only has, you know, the last few years going back, which you
1098	01:44:41 --> 01:44:46	know, it's the stuff he can it can run his house the way he wants to run it,
1099	01:44:46 --> 01:44:53	but the way he used to teach with support resistance, and I just, you know
1100	01:44:53 --> 01:45:01	feel about that it's bullshit doing this, but that As a foundation, if
1101	01:45:01 --> 01:45:05	you've never learned how to trade, and you want to learn how to just start
1102	01:45:05 --> 01:45:12	looking at price, that's a really good starting point. The idea of supply and
1103	01:45:12 --> 01:45:16	demand, which is not what I teach, and I think it's ultimately bullshit. That's a
1104	01:45:16 --> 01:45:23	good beginning point. Because I think the best students that I have, and I've
1105	01:45:23 --> 01:45:28	gone back and forth with this throughout the years, but I can tell you now, I'm
1106	01:45:28 --> 01:45:32	convinced that my better students are the ones that try everything outside of
1107	01:45:32 --> 01:45:38	me first. See that it's all bullshit. And then when you come and you sit with
1108	01:45:38 --> 01:45:42	me, and I talked about what the markets gonna do in advance, and then you watch
1109	01:45:42 --> 01:45:48	me call it, trade it, use real fucking money, make more money than these people
1110	01:45:48 --> 01:45:54	make in a year. Everything else is absurdly stupid and nonsensical. It's
1111	01:45:54 --> 01:45:59	dumb to subscribe to anything else. And that's what makes me polarizing. That's
1112	01:45:59 --> 01:46:03	what makes people hate me. That's what makes people that sell courses and other
1113	01:46:03 --> 01:46:07	shit that might follow me might like me, because I'm sharing with the community,
1114	01:46:07 --> 01:46:12	but they don't like this part about me, and I get it. But what you want to know
1115	01:46:12 --> 01:46:16	my opinion, like if you asked me if I was on these interviews, everybody wants
1116	01:46:16 --> 01:46:19	me to be on. And they asked me what my opinion I'm not gonna bite my tongue.
1117	01:46:20 --> 01:46:24	I'm gonna say what I've always said. It's all bullshit. It's all bullshit.
1118	01:46:24 --> 01:46:28	You believe in something that is not having any basis or what causes markets
1119	01:46:28 --> 01:46:36	go up and down. But for someone that's brand new, brand new in trading, they
1120	01:46:36 --> 01:46:41	don't know how to read price. They don't know they're intimidated. I saw enough
1121	01:46:41 --> 01:46:47	from Chris's work that I told many times, listen, go check yourself out. He
1122	01:46:47 --> 01:46:51	never gave me kickbacks for that. I didn't ask for that. I was giving you a
1123	01:46:51 --> 01:46:56	personal opinion. And also was inviting people, they'll go really look at that
1124	01:46:56 --> 01:47:02	stuff. And you tell me if that's what I'm teaching you because it's not. But
1125	01:47:02 --> 01:47:08	as a beginning basis foundation? Sure. I think there will help you. Is it the be
1126	01:47:08 --> 01:47:14	all end all? Absolutely not? Is it the pinnacle of understanding what price
1127	01:47:14 --> 01:47:18	action? Nope. He's going to teach you what the algorithm is going to do when
1128	01:47:18 --> 01:47:23	he's gonna do it? Nope. He's gonna teach you patterns that you can study and
1129	01:47:23 --> 01:47:28	build a model once you're I think you can supply and demand gives you a
1130	01:47:28 --> 01:47:36	conceptual idea of the premise of Support Resistance without their support
1131	01:47:36 --> 01:47:41	resistance. It's a vague theory, that is going to be if we have 100 people in a
1132	01:47:41 --> 01:47:46	room. Okay. That's okay, here's a chart of corn. I'm not going to tell you the
1133	01:47:46 --> 01:47:50	timeframe. It's irrelevant. And you're thinking, well, I won't even trade corn.
1134	01:47:50 --> 01:47:56	Okay, well, it's not the discussion. If I share you price fluctuations in the
1135	01:47:56 --> 01:47:59	corn market, and I don't tell you what the timeframe is. And I said, Hey, show
1136	01:47:59 --> 01:48:04	me right now, where the trendline support resistances, diagonal and
1137	01:48:04 --> 01:48:10	horizontal. And then we collectively took all of the feedback that everybody
1138	01:48:10 --> 01:48:15	that would be willing to sit down and do that all 100 people, you're not going to
1139	01:48:15 --> 01:48:23	see everybody agree with the same levels, you might see a collection of
1140	01:48:23 --> 01:48:30	certain levels being highlighted. But this because of that makes it of no
1141	01:48:30 --> 01:48:34	value. It doesn't mean that the markets gonna do that. It just means that this
1142	01:48:34 --> 01:48:38	is what these people have been conditioned. They can been taught,
1143	01:48:38 --> 01:48:41	they've been trained. They've been primed, because that's exactly what this
1144	01:48:41 --> 01:48:50	is. It's priming. If we were in I've been so tempted to do this, but I've
1145	01:48:50 --> 01:48:57	stopped that it would feel kind of weird. But I am man that as a younger
1146	01:48:57 --> 01:49:04	man, as a child, actually, I was always fascinated with magic, sleight of hand.
1147	01:49:07 --> 01:49:11	prestidigitation, they call it, okay, where you, you can hold something, your
1148	01:49:11 --> 01:49:15	hand, move a little bit and it looks as if it's vanished and make it appear
1149	01:49:15 --> 01:49:20	somewhere else. Okay. And I can literally do that right in front of you
1150	01:49:20 --> 01:49:24	sitting right in front of you. And you won't, you won't know what I'm doing
1151	01:49:24 --> 01:49:28	that you won't miss it. I could do it with cards I could do with coins I could
1152	01:49:28 --> 01:49:32	do with small objects, and you'll be entertained by it. And you'll want to
1153	01:49:32 --> 01:49:39	know how I did it. That pursuit of wanting to know how to do it doesn't
1154	01:49:39 --> 01:49:44	mean you want to learn how to be a magician. You're just met with I feel
1155	01:49:44 --> 01:49:53	inadequate I need to know when I looked at Support Resistance I didn't want to
1156	01:49:53 --> 01:49:59	learn how to use it right. I want to know how I'm going to fail using it.
1157	01:50:01 --> 01:50:04	Because if there's that many opportunities that take that mini
1158	01:50:04 --> 01:50:10	blinds, which ones are going to fail? Because if I can figure out that, then
1159	01:50:10 --> 01:50:14	what by default, what am I doing? I know which ones are going to work, right? So
1160	01:50:14 --> 01:50:19	I, when I look at things I look at, okay, how's it going to harm me? When
1161	01:50:19 --> 01:50:24	I'm gonna do wrong with that in my hands? What am I going to be wrong? I'm
1162	01:50:24 --> 01:50:28	not enamored by something new that comes out, somebody else may come out in the
1163	01:50:28 --> 01:50:33	next year or two, five years, whatever. If I live long enough, some new thing
1164	01:50:33 --> 01:50:37	might come out in trading some new indicator, something new something or
1165	01:50:37 --> 01:50:46	other, okay? And I'm not going to abandon this what I have, okay? Because
1166	01:50:46 --> 01:50:51	there's nothing going to improve upon perfection. Like, I'm literally able to
1167	01:50:51 --> 01:50:56	tell you beforehand, you're seeing it in your own charts, where the market will
1168	01:50:56 --> 01:50:59	respect these inefficiencies, the highs and lows, and then they'll revert and
1169	01:50:59 --> 01:51:03	then one more time in the future. And they'll act as what you would expect
1170	01:51:03 --> 01:51:07	that support resistance theory to do. But guess what, they don't teach
1171	01:51:07 --> 01:51:11	inefficiencies like that Chris Laurie doesn't use it old imbalance and Support
1172	01:51:11 --> 01:51:14	Resistance. It's one and done. This one's done. That's his words. It's
1173	01:51:14 --> 01:51:20	verbatim. He's done with it. The guy he learned from that's the logic that he
1174	01:51:20 --> 01:51:29	had. That's the differentiation between me and him and everyone else. These very
1175	01:51:29 --> 01:51:35	specific PD arrays, they're not rooted in retail. They're algorithmic, these
1176	01:51:35 --> 01:51:42	are things that are going to repeat. But if they don't even get traded to that
1177	01:51:42 --> 01:51:49	tells you something, it's well in this case for the s&p, not the s&p, the
1178	01:51:49 --> 01:51:56	NASDAQ, it's decidedly weak. It's going to start going lower and start looking
1179	01:51:56 --> 01:52:01	at every premium or a every up close candle is a bearish order block. And in
1180	01:52:01 --> 01:52:05	for the liquidity, because there's no inefficiencies to the left. Once that
1181	01:52:05 --> 01:52:11	afternoon, 130 rally happened. Everything was liquidity, Southside. It
1182	01:52:11 --> 01:52:17	just so happens that it ran out of time before it got there. So that's why I'm
1183	01:52:17 --> 01:52:24	saying that I expect it to get down there on Sundays opening or gap opening
1184	01:52:24 --> 01:52:28	lower and then trade down there on Sunday, going into Monday's london
1185	01:52:28 --> 01:52:34	session. That's what I anticipate. I feel confident in saying that, because
1186	01:52:36 --> 01:52:39	we didn't do it on Friday. And there's nothing else for it to be reaching down.
1187	01:52:39 --> 01:52:45	Therefore, it would make perfect sense to wipe the board for everybody that
1188	01:52:45 --> 01:52:51	tried to pick the bottom in fall, September and October low. I'm listening
1189	01:52:51 --> 01:52:52	to people on CNBC.
1190	01:52:52 --> 01:52:55	The lows in people are gonna be really caught off guard because they want to
1191	01:52:55 --> 01:53:01	see this as stocks go to go higher. Where are they at right now? overexposed
1192	01:53:01 --> 01:53:06	themselves. They married the vein. They went out there and he went all in.
1193	01:53:10 --> 01:53:16	You're seeing a movie rounders. It's one of my favorite movies. The Russian KGB
1194	01:53:17 --> 01:53:23	he's playing poker with Matt Damon. He's taking this chip sick. I'm all in
1195	01:53:23 --> 01:53:28	splatter and all the chips and stuff. Real cocky, real arrogant. He knows
1196	01:53:28 --> 01:53:35	everything he thinks he's got Matt Damon over the barrel, overconfidence
1197	01:53:36 --> 01:53:45	overexposure. And Matt Damon kills him right then and there. And he zaps out.
1198	01:53:48 --> 01:53:52	That's how you react when you think everything flat one trade you're in,
1199	01:53:52 --> 01:53:57	because look at the climate. All this stuff going on. This guy was talking to
1200	01:53:57 --> 01:54:01	me last week on Twitter, thought he knew everything. Yeah, oh, yeah, you want to
1201	01:54:01 --> 01:54:08	be trading? I think it was Week Four is the best time to trade. But he just
1202	01:54:08 --> 01:54:12	announced publicly that he just found profitability. So if you discount
1203	01:54:12 --> 01:54:15	profitability, he doesn't have track record. He doesn't have the ability to
1204	01:54:15 --> 01:54:19	stay profitable. He just now tasted at one time. So now that's he becomes
1205	01:54:19 --> 01:54:24	mentors. That's he becomes influencers. Which is one of the things I hate about
1206	01:54:24 --> 01:54:32	social media. You have to be with someone, spend time with them. If they
1207	01:54:32 --> 01:54:36	know what they're doing, you're going to see it. There's no doubt about it, you
1208	01:54:36 --> 01:54:42	will know Absolutely. That there's a valid theory being implemented. It's not
1209	01:54:42 --> 01:54:46	contrived. It's not being pulled out of your ass on any given moment. Oh, this
1210	01:54:46 --> 01:54:52	is pulled out of thin air and here it is. And just you dazzle them with
1211	01:54:52 --> 01:54:58	bullshit. That's not what this is. This is logic that keep repeating. I'm
1212	01:54:58 --> 01:55:01	teaching you how to protect yourself. which is first and foremost, capital
1213	01:55:01 --> 01:55:06	preservation is the first thing that you have to have in your head, that, okay,
1214	01:55:06 --> 01:55:10	there might be an opportunity there. But in the event that it isn't, I'm not
1215	01:55:10 --> 01:55:13	going to over leverage, and I'm not going to push too hard. I'm not going to
1216	01:55:13 --> 01:55:17	do five trades today, just because there's something going on around the
1217	01:55:17 --> 01:55:21	world that's causing the markets move all around. So therefore, I see there is
1218	01:55:21 --> 01:55:25	opportunity, and I might get a big run, might need to be underlined,
1219	01:55:25 --> 01:55:33	highlighted. Might is not a absolute might is not a definitive absolute,
1220	01:55:33 --> 01:55:39	you're going to have that happen. It might. And what I've learned in 30 years
1221	01:55:39 --> 01:55:45	is those indications where things might happen, in your favor, are more apt to
1222	01:55:45 --> 01:55:54	be against you. But you went into this with only wearing rose colored glasses,
1223	01:55:54 --> 01:55:59	and it's only going to be your outcome, it's going to come that way. And you
1224	01:55:59 --> 01:56:04	wrestle with it, and you arm wrestle, because you have spent the whole weekend
1225	01:56:05 --> 01:56:08	it's going to be a big mover, there's going to be a lot of speakers, it's
1226	01:56:08 --> 01:56:14	going to be read in medium impact folder, events around the economic
1227	01:56:14 --> 01:56:20	calendar. That means there's gonna be a lot of movement. And I'm a trader, damn
1228	01:56:20 --> 01:56:26	it, I've got to go out there, and I'm gonna trade into drawdown into losing
1229	01:56:26 --> 01:56:36	your account and to feeling your combine into needing a new reset. I'm trying to
1230	01:56:36 --> 01:56:41	spare you that. Because even though they may be limited in scope in terms of
1231	01:56:41 --> 01:56:44	okay, so you lost your funded account, big deal, what did you really lose, you
1232	01:56:44 --> 01:56:47	just got to pay the fees to get back into it again, and put the time in to
1233	01:56:47 --> 01:56:53	get it back. Okay, it's an aggravation is at the end of the rope. Now, if you
1234	01:56:53 --> 01:56:59	lose your account with your own money, and you had 100,000 50,000 75,000,
1235	01:56:59 --> 01:57:02	whatever it is that you would have a 10,000 5000 Whatever it is, if it's real
1236	01:57:02 --> 01:57:09	money that you put in there, and you lose it hurts. That hurts. That's like a
1237	01:57:09 --> 01:57:14	kick in the stomach. Didn't just Ow that hurt and it goes away real quick, it
1238	01:57:14 --> 01:57:18	hangs around for a little bit a liver shot. It just takes everything I eat and
1239	01:57:18 --> 01:57:24	you're hitting the floor. Because that was your money that you worked very
1240	01:57:24 --> 01:57:31	hard, saving up and you invest it with intentions of growing it. But then you
1241	01:57:31 --> 01:57:37	didn't execute with a model. You didn't think about the things I'm talking about
1242	01:57:37 --> 01:57:42	in this discussion today, which is identifying invitations to over expose
1243	01:57:42 --> 01:57:48	yourself. Just because there's going to be potential for high volatility doesn't
1244	01:57:48 --> 01:57:53	mean that you should be in this in those waters swimming around. In other words,
1245	01:57:53 --> 01:58:02	I looked at this week that we disclosed, much like iView nonfarm payroll where
1246	01:58:02 --> 01:58:08	yes, everybody expects some measure of volatility. Absolutely. It goes without
1247	01:58:08 --> 01:58:11	saying there should be it's reasonable to assume that there's going to be
1248	01:58:11 --> 01:58:16	volatility when 830 comes on nonfarm payroll Friday, the reaction to those
1249	01:58:16 --> 01:58:20	employment number data is going to create this excitement to be a
1250	01:58:20 --> 01:58:27	participant in the marketplace. And the market participants are being led astray
1251	01:58:27 --> 01:58:31	by the algorithm and or manual intervention that creates these price
1252	01:58:31 --> 01:58:37	runs higher or lower, and they want you to chase it. It's not buying and selling
1253	01:58:37 --> 01:58:44	pressure that's causing these extrapolations higher and lower. That's
1254	01:58:44 --> 01:58:51	not what's happening there. And because it's moved around, you've seen it
1255	01:58:51 --> 01:58:54	happening for you think that you're going to be able to navigate that and
1256	01:58:54 --> 01:58:58	get in there and take a trade. And now the same mindset that causes people
1257	01:58:58 --> 01:59:03	betray that nonfarm payroll when they see geopolitical things heating up, not
1258	01:59:03 --> 01:59:10	getting volatile. Well, guess what? It's casino time. It's time to get out there
1259	01:59:10 --> 01:59:17	and press our luck. Well, that's not what I do. I've learned that these are
1260	01:59:17 --> 01:59:21	the very economic climates that I have unraveled myself. I've done it in
1261	01:59:21 --> 01:59:26	stunning fashion. I've done it faster than I ever thought I could. And believe
1262	01:59:26 --> 01:59:33	me, it's demoralizing. Okay, sucks. So, because I am role of a mentor, and
1263	01:59:33 --> 01:59:37	because I have real things going on in my personal life with my wife's mother
1264	01:59:37 --> 01:59:44	and a niece that, you know, we may have to adopt, and we don't know what the
1265	01:59:44 --> 01:59:49	outcome would be required of that. Like there's this whole like, my kids are
1266	01:59:49 --> 01:59:54	almost completely dying have one child left homeschooling. He's got two years
1267	01:59:54 --> 01:59:59	of schooling left and then we're done. It's it's a lot of things being weighed
1268	01:59:59 --> 02:00:08	on us as an uncle and in to a child that's troubled. And all these things
1269	02:00:08 --> 02:00:13	are tugging at me. And now there's another potential terminal outcome to
1270	02:00:13 --> 02:00:18	her mother to run mother while her mother. And because of all that, and the
1271	02:00:18 --> 02:00:25	economic climate I know that I say something. Just go back and look at a
1272	02:00:25 --> 02:00:32	tweet, any video. I mean, the Joker on Twitter that was taught me how to make
1273	02:00:32 --> 02:00:38	money say everything I say about ICT, ICT says, and short gold and ramrod of
1274	02:00:38 --> 02:00:46	that when hire. Taking things out of context, or taking something that I say
1275	02:00:46 --> 02:00:50	and sugarcoating it, to make it fit what you want to see happen in your own
1276	02:00:50 --> 02:00:59	trading, I don't want to open myself up to that level of false criticism. If I
1277	02:00:59 --> 02:01:03	find the right word, I'm saying, I don't want anybody to be able to say, You
1278	02:01:03 --> 02:01:08	inspire me to do something when you said that. So if I say nothing, and I place a
1279	02:01:08 --> 02:01:13	limit on me, if the dollar does this, then I will be willing to engage and
1280	02:01:13 --> 02:01:15	talk about what I think's gonna happen. But unless it does that, I'm not going
1281	02:01:15 --> 02:01:21	to do it. And it didn't deliver that, but yet will happen. I said, if the
1282	02:01:21 --> 02:01:26	dollar goes to that point, that I'd be willing to take care of it. That's a
1283	02:01:26 --> 02:01:30	sell short on NASDAQ, because that's the market I would be interested in trading
1284	02:01:30 --> 02:01:34	only. I'm not interested in s&p, but they should still go lower. And gold,
1285	02:01:34 --> 02:01:41	you know, it should run that by side, it did that. Euro and cable should move
1286	02:01:41 --> 02:01:51	lower if the dollar goes up there. So now, with that idea in mind, dollar went
1287	02:01:51 --> 02:01:54	down to its daily fair value gap, and then stagnated in the fair value gap.
1288	02:01:57 --> 02:02:05	But yet, wait a minute. Cable was doing almost similar price action. On its
1289	02:02:05 --> 02:02:11	daily chart, that doesn't make any sense. Wait a minute, the NASDAQ and the
1290	02:02:11 --> 02:02:18	s&p dropped all week long after Tuesday's high. But the dollar is in its
1291	02:02:18 --> 02:02:26	fair value gap being held. What is that? That's decoupling? If you're new, and
1292	02:02:26 --> 02:02:29	you're trying to implement the things you see in my core content lessons, or
1293	02:02:29 --> 02:02:34	things that you see me teaching in individual, like, like a TGIF setup,
1294	02:02:35 --> 02:02:41	because I thought that setup in that context, to interpret price action.
1295	02:02:43 --> 02:02:48	Go back and listen to it again. And you're gonna find that I had said this,
1296	02:02:48 --> 02:02:51	and it's not hidden from you. But because you went into it selected
1297	02:02:51 --> 02:02:57	hearing, you want to go in and take something did use the metaphor that I
1298	02:02:57 --> 02:03:02	used earlier here. And many times. It's if I show you a magic trick with cards,
1299	02:03:03 --> 02:03:07	okay? Immediately you want to grab the cards from me and see if they're a real
1300	02:03:07 --> 02:03:10	deck of cards. And they would be real if you could bring your own deck of cards.
1301	02:03:10 --> 02:03:15	And I believe to do everything in those cards that I could do with a card deck.
1302	02:03:15 --> 02:03:19	I had my hands before we met, because I understand how to manipulate them, and
1303	02:03:19 --> 02:03:25	how to do all the side hands and do all that stuff. Okay. Well, when you listen
1304	02:03:25 --> 02:03:30	to my lectures about trading, and you're brand new, it's predominantly it's the
1305	02:03:30 --> 02:03:35	men. It's always the men. I've never done a magic trick for a woman where
1306	02:03:35 --> 02:03:40	she's like, Oh, let me see if I can do that, too. They never do it. They don't,
1307	02:03:40 --> 02:03:44	they don't have to prove they have a bigger dick. Okay, they just don't think
1308	02:03:44 --> 02:03:50	that way. But a guy wouldn't read away. Okay, give me an interview. I know he
1309	02:03:50 --> 02:03:53	did that. And they fall on their face. And then they're mad at me because they
1310	02:03:53 --> 02:03:56	think I tried to make them look stupid when I didn't invite them to, to pretend
1311	02:03:56 --> 02:04:01	they understand how I did it. But most of you come as a young man. And you
1312	02:04:01 --> 02:04:06	watch me teach you how to do these things. You'll sit down, you'll watch
1313	02:04:06 --> 02:04:10	the video, you'll probably scribble a couple things down. Because otherwise
1314	02:04:10 --> 02:04:14	you you want to be able to say if I say you need to take notes, you can say I
1315	02:04:14 --> 02:04:19	did that. But you're not really listening. Because you'll go back and
1316	02:04:19 --> 02:04:22	listen to the same videos and say, oh shit, I didn't hear that the first time.
1317	02:04:22 --> 02:04:26	Why? Because you went in there looking for just the not to go out to a chart
1318	02:04:26 --> 02:04:33	and try something. And then you what? Fa fo fuck around and find out. And so many
1319	02:04:33 --> 02:04:37	of you want to go out there and try to do that with your accounts that have
1320	02:04:37 --> 02:04:41	real risks. You invest the money into a funded account challenge and you fail it
1321	02:04:41 --> 02:04:44	because you tried to do something prematurely. You don't know what you're
1322	02:04:44 --> 02:04:50	doing. You just went out there to try to figure it out. Okay, he said this. If it
1323	02:04:50 --> 02:04:52	looks like that on a chart, it's probably gonna do that. Okay, but what
1324	02:04:52 --> 02:04:58	else can I say about that? Just because there's a fair Vega doesn't mean it's
1325	02:04:58 --> 02:05:03	going up there to go down. If the idea is that it's ultimately going to go
1326	02:05:03 --> 02:05:07	higher, we want to see it trade through the fair value gap, and then come back
1327	02:05:07 --> 02:05:13	and treat it as what this kind of way to accumulate new lungs. But see, you're
1328	02:05:13 --> 02:05:17	not willing to listen to that, because you want to see something that will be a
1329	02:05:17 --> 02:05:23	catalyst, something that gives you the inspiration and the excuse, why you
1330	02:05:23 --> 02:05:27	couldn't control yourself, and you had the press the button, because you heard
1331	02:05:27 --> 02:05:31	ICC said, I want a video, this is what it does. So therefore, every down closed
1332	02:05:31 --> 02:05:37	candle is a bullish order block. And that's not true either. And that's why
1333	02:05:37 --> 02:05:42	it's important that you are properly mentored, you have all these long winded
1334	02:05:42 --> 02:05:50	dry, boring discussions, which is required. You can't teach this stuff
1335	02:05:50 --> 02:05:55	without it. And nobody else knows it. So you can't go to somebody else, even as
1336	02:05:55 --> 02:06:00	much as they may have my logo, and they may talk about me even and have respect
1337	02:06:00 --> 02:06:05	openly and publicly. But they're just still trying to milk my whole brand. So
1338	02:06:05 --> 02:06:10	they can make money teaching something they don't fully understand. And then
1339	02:06:10 --> 02:06:13	you wonder why people are confused. It's not because they're getting confused
1340	02:06:13 --> 02:06:17	from what I'm teaching. Because I'm laying it all out here for you. I'm
1341	02:06:17 --> 02:06:21	giving it to you for free, I'm explaining in advance why it should do
1342	02:06:21 --> 02:06:24	this. And why shouldn't do that, how to avoid markets are going to be
1343	02:06:24 --> 02:06:28	problematic. The fact that the dollar index went down into its fair value, go
1344	02:06:28 --> 02:06:34	up on a daily chart, and didn't rally support the idea why I said in the live
1345	02:06:34 --> 02:06:38	stream analysis last Sunday, okay, even if it does drop down, I'm not saying
1346	02:06:38 --> 02:06:45	that I would be going long dollar there and short euro and or cable. Because of
1347	02:06:45 --> 02:06:51	the decoupling characteristics that this environment is creating, you have to be
1348	02:06:51 --> 02:06:55	highly selective, you're not going to have that skill set. If you're brand
1349	02:06:55 --> 02:07:01	new. If even if you were in my 2016 First mentorship group, they are not
1350	02:07:01 --> 02:07:07	going to know what I was utilizing going into this week. They're not going to
1351	02:07:07 --> 02:07:12	have the experience billing it, they don't know it. It takes time to do these
1352	02:07:12 --> 02:07:16	things over and over and over again, exceeding okay, this is what should do.
1353	02:07:16 --> 02:07:20	But I'm being cautious because it's probably not going to be conducive for
1354	02:07:20 --> 02:07:24	continuation and a higher dollar rally. I'd like to see it go higher. And I told
1355	02:07:24 --> 02:07:27	you what I'd like to see if it does that. Then I'll commit publicly and
1356	02:07:27 --> 02:07:31	start talking about what I want to see do. But until it does that, I'm sitting
1357	02:07:31 --> 02:07:35	on my hands and I'm comfortable with if I got nothing to share in advance.
1358	02:07:35 --> 02:07:40	That's fine. But what did I tell you about the dollar index? I said 106.
1359	02:07:40 --> 02:07:47	Point 55 is to clean? How much more Did it go above that? Not much. And then
1360	02:07:47 --> 02:07:54	went down into its daily fair value that? Was I right or wrong? Depends on
1361	02:07:54 --> 02:07:57	who who's answering. If you want to make me look like I don't know what I'm
1362	02:07:57 --> 02:08:02	doing. And I'm a fraud or con artist and I can't call things in advance. I won't
1363	02:08:02 --> 02:08:06	trade live in front of you. You'll say, Well, you got lucky there. And we're
1364	02:08:06 --> 02:08:09	it's up for debate what you really mean by that. And other students who've been
1365	02:08:09 --> 02:08:12	with me for a long time, know that there's value in that because that was
1366	02:08:12 --> 02:08:17	the draw on liquidity. Nothing higher, was suggested that's what did I say?
1367	02:08:18 --> 02:08:23	That levels to clean? Meaning what? It's right, it's perfect for a sweep, through
1368	02:08:23 --> 02:08:30	sweeps continue? No, they go above it, the retrace lower. You won't know that.
1369	02:08:30 --> 02:08:35	When you first warm up to this content and find me, you won't know that. I'll
1370	02:08:35 --> 02:08:41	be cryptic to you, which is frustrating. But it's not. It's not hidden from you.
1371	02:08:41 --> 02:08:46	It's in all those videos, seeing me do it over and over explaining beforehand,
1372	02:08:46 --> 02:08:51	over and over and over again, that it's conditioning you to trust the theory
1373	02:08:51 --> 02:08:55	because if it doesn't work, I won't be able to use it beforehand and show you
1374	02:08:55 --> 02:08:58	what it's going to do. If I don't know when the markets going to be
1375	02:08:58 --> 02:09:04	problematic, I wouldn't be able to tell you in advance. This is what's likely to
1376	02:09:04 --> 02:09:06	occur, and therefore I'm sitting on my hands. And then in there, there are
1377	02:09:06 --> 02:09:11	weeks that are looking that wasn't the first part of the week. It was weird,
1378	02:09:11 --> 02:09:14	right? It was running up down up being like, What the hell is this thing trying
1379	02:09:14 --> 02:09:20	to do? Right? I'm not worrying about it, I have other things to deal with. But
1380	02:09:20 --> 02:09:25	where I felt comfortable. I'll point to it. And the only thing I felt
1381	02:09:25 --> 02:09:29	comfortable sharing was that 106 55 level on the dollar index was too clean.
1382	02:09:31 --> 02:09:36	And then right after I said that, it ran up there and Amazon and then right down
1383	02:09:36 --> 02:09:44	into the fair value and stayed there. For some years, I can well what's the
1384	02:09:44 --> 02:09:47	big deal about that? Who cares, dude, you know, it's the dollar it didn't mean
1385	02:09:47 --> 02:09:52	that much. It's the context around what it was not willing to do, which was to
1386	02:09:52 --> 02:09:56	go higher. And the fair value gap didn't fail either. Oh, but it went outside the
1387	02:09:56 --> 02:10:00	fair value gap on the lower end. It did a little tiny little Mohawk It closed
1388	02:10:00 --> 02:10:07	below now look at the next candle inside there right now. That's what I teach
1389	02:10:07 --> 02:10:11	it's order flow. All those things are supporting the idea that guess what?
1390	02:10:13 --> 02:10:22	Gold rallying, while dollar sitting still? Is that symmetrical, or is that
1391	02:10:22 --> 02:10:29	the coupling is the coupling basically moving in opposite directions, if
1392	02:10:29 --> 02:10:35	they're never agreeing, one going one direction and the other on the other.
1393	02:10:36 --> 02:10:41	They should be diametrically opposed in some Metro market. Gold's in a fast
1394	02:10:41 --> 02:10:45	paced run for that by side. And when they're done it, and it made sure it ran
1395	02:10:45 --> 02:10:51	through it. So anybody that was short ride and go lower, that has a trail stop
1396	02:10:51 --> 02:10:56	loss, they're really reaching up in there, while the dollar index is in its
1397	02:10:56 --> 02:11:04	daily fair value gap, which we identified on Sunday. So it's confirmed
1398	02:11:04 --> 02:11:09	my suspicions about how we might be problematic going into this week. And
1399	02:11:11 --> 02:11:16	what the market I wanted to see, which was an asset, it did go lower. But I had
1400	02:11:16 --> 02:11:23	to wait until Friday, where I'd had very little left in terms of time. And I felt
1401	02:11:23 --> 02:11:29	confident that okay, it's just so heavy handed. At this point, I don't need the
1402	02:11:29 --> 02:11:32	dollar index to do anything. The weekly range is going to be what it is. And now
1403	02:11:32 --> 02:11:38	back to the TGIF. You think that every single weekly range because I talked
1404	02:11:38 --> 02:11:44	about the likelihood of a retracement, if we've had a large range expansion on
1405	02:11:44 --> 02:11:49	a weekly candle. Those are the conditions where you can see a
1406	02:11:49 --> 02:11:54	retracement back to 20 to 30%, sometimes as much as 40%. But it's a general rule
1407	02:11:54 --> 02:11:59	of thumb between 20 to 30%. And you can be a counter trend trader, if you want
1408	02:11:59 --> 02:12:03	to call it that or market reversal trader on a Thursday going into Friday,
1409	02:12:03 --> 02:12:09	and you setups that would capitalize on that type of framework. I am not saying
1410	02:12:09 --> 02:12:14	go back and listen to that lecture again. Because only one video I don't
1411	02:12:14 --> 02:12:19	sell the idea that every weekly candle should be treated that way. There are
1412	02:12:19 --> 02:12:25	instances where if we are bearish, okay, if we're really bearish on a market, and
1413	02:12:25 --> 02:12:32	it's not yet reached an objective that we're aiming for. But we're real close
1414	02:12:32 --> 02:12:38	to it. Perfect example. Look at the daily chart on s&p and NASDAQ. They're
1415	02:12:38 --> 02:12:42	real close to their own lows in September October right there real close
1416	02:12:42 --> 02:12:43	to it.
1417	02:12:45 --> 02:12:50	So why would you expect a 20 to 30% retracement, when we're reaching for
1418	02:12:50 --> 02:12:59	those levels. And teaching you shouldn't have that mindset. And because we closed
1419	02:12:59 --> 02:13:05	on the low. That's why I'm saying they're gonna puke up their guts. On
1420	02:13:05 --> 02:13:10	Sunday opening, I think that they're gonna get this thing lower where the
1421	02:13:10 --> 02:13:13	people that would have otherwise been short but too afraid to hold over the
1422	02:13:13 --> 02:13:15	weekend. And I'm I'm in that crowd. I don't want to hold anything over the
1423	02:13:15 --> 02:13:19	weekend because that gap risk, and I could be wrong. It was something might
1424	02:13:19 --> 02:13:25	happen where Israel says we're wrong. We're pulling out we're not doing
1425	02:13:25 --> 02:13:30	anything else to the Palestinians. And it's a wrap. And all of a sudden the
1426	02:13:30 --> 02:13:42	market gaps up 200 points. Well, they never get can I predict that? No. Would
1427	02:13:42 --> 02:13:48	the market participants believe that and still buy it after that opening gap up?
1428	02:13:49 --> 02:13:54	I don't know. I don't care about that. I'm not trying to predict what the
1429	02:13:54 --> 02:13:58	central banks are going to do, where they create that opening price. Because
1430	02:13:58 --> 02:14:02	that's where it's at. That's what's happening. That's something that I can't
1431	02:14:02 --> 02:14:07	teach you because I can't adequately and consistently predict what the mirth
1432	02:14:07 --> 02:14:13	method or methodology they employ, how they started the week. Now I can have a
1433	02:14:13 --> 02:14:20	conjecture, something that I think might be a scenario that unfolds. And if it
1434	02:14:20 --> 02:14:25	does this, then I'll do that. There are scenarios in which I would be willing to
1435	02:14:25 --> 02:14:30	engage price action if it meets that criteria. But in the sense of doing
1436	02:14:30 --> 02:14:35	that, there's also scenarios where it if it does these other things, then I'm not
1437	02:14:35 --> 02:14:39	touching it. And you need to do those types of things in your trading. You
1438	02:14:39 --> 02:14:46	need to highlight in the beginning part of your development. What makes you
1439	02:14:46 --> 02:14:56	comfortable not doing anything. You have to have processes. You have to have
1440	02:14:56 --> 02:15:02	routines, protocols that you have written out, not just out, it's
1441	02:15:02 --> 02:15:05	something I've thought of once in a while. No, it's just something you
1442	02:15:05 --> 02:15:13	absolutely codified it's part of your repertoire. If the market does these
1443	02:15:13 --> 02:15:19	types of things, I will not engage and they need to be cast in stone. It's
1444	02:15:19 --> 02:15:23	beneficial for you to have that in the beginning. It's like bowling with these
1445	02:15:23 --> 02:15:27	little guardrails, your rights to take your kids to the bowling alley, and they
1446	02:15:27 --> 02:15:30	have these little rails that you can pull up. So that way nobody ever gets a
1447	02:15:30 --> 02:15:37	gutter ball, it gives you enough momentum forward, the ball will hit a
1448	02:15:37 --> 02:15:40	pin or more, and you'll have some kind of response for the children who feel
1449	02:15:40 --> 02:15:45	like oh, yeah, it's um, you need every bit of training wheels and those
1450	02:15:45 --> 02:15:52	guardrails in the beginning. Because you need to see pins drop, you need to see
1451	02:15:52 --> 02:15:56	distance in that bike being peddled by you, oh, this is what it feels like to
1452	02:15:56 --> 02:16:01	be riding a bike. But you know enough to know that even if you lean too far to
1453	02:16:01 --> 02:16:04	the left on a training wheels, you're not holding yourself up, there's little
1454	02:16:04 --> 02:16:09	training wheels are. And it's a matter of learning how to trade, the balancing
1455	02:16:09 --> 02:16:13	act of moving left and right and not feeling the effects of the training
1456	02:16:13 --> 02:16:19	wheel. And if you can do that, then you can take one training wheel off, you
1457	02:16:19 --> 02:16:26	learn to trade, only moving this way to the right. But knowing that this
1458	02:16:26 --> 02:16:30	weakness creates a necessity for me to have a training with what I mean by
1459	02:16:30 --> 02:16:36	that, for me, it was shorting. I need to keep the training wheel on me as a bear.
1460	02:16:37 --> 02:16:39	When I first started trading as a trader, I was afraid of shorting I
1461	02:16:39 --> 02:16:44	didn't understand the concept, how can you sell something you don't have. And
1462	02:16:44 --> 02:16:51	over time, years, I became more comfortable trying it. And it took a lot
1463	02:16:51 --> 02:16:56	for me to work through losing going short. Because I was wrestling with
1464	02:16:56 --> 02:17:00	these preconceived notions that the market action I've had up until that
1465	02:17:00 --> 02:17:05	time, with only being long. I wanted to be a bull. It made sense for me, because
1466	02:17:05 --> 02:17:09	and why did I think that? I heard one statement. This is why I want you to
1467	02:17:09 --> 02:17:14	understand this is why it weighs heavily on me. As a mentor, we're having this
1468	02:17:14 --> 02:17:21	many people following me now. Larry Williams said, in his four VHS tape
1469	02:17:21 --> 02:17:27	course, the confidential future trading millionaire core hilarious. Oh, he's
1470	02:17:27 --> 02:17:32	butchered the title. The the statement he made was, the stock market is
1471	02:17:32 --> 02:17:42	predisposed to go up. So therefore, if my hero, the first real mentor that I
1472	02:17:42 --> 02:17:47	had, that I subscribed to everything said hung on every word. He said. I
1473	02:17:47 --> 02:17:54	trusted everything that means said in print, or spoke. And I hung on every
1474	02:17:54 --> 02:17:59	word. And because you said that, that was enough for me to never want to go
1475	02:17:59 --> 02:18:09	short. Now, I am aware that some of you have an unhealthy reverence towards me.
1476	02:18:09 --> 02:18:16	And it's not appropriate. And I don't want to be taken out of context. I don't
1477	02:18:16 --> 02:18:19	want to be used as an instigation for you to get into something that's going
1478	02:18:19 --> 02:18:27	to hurt you. And I had no real direct reason to be blamed for it. Whatever the
1479	02:18:27 --> 02:18:34	outcome, your results are entirely yours. And with this number of people
1480	02:18:34 --> 02:18:40	now following me, it's extremely intimidating. I'm not the I'm not afraid
1481	02:18:40 --> 02:18:44	to do it wrong. Okay, that's, that's not what this is. Clearly, I can still talk
1482	02:18:44 --> 02:18:48	about and I'll talk about tomorrow what I think's gonna happen. My stuff doesn't
1483	02:18:49 --> 02:18:52	stop working. Because there's more people falling. It doesn't I'm not
1484	02:18:52 --> 02:18:54	worried about more people learning how to do it, you're gonna change your
1485	02:18:54 --> 02:18:58	algorithm. That's not how this is going to work. Okay, it's not going to stop
1486	02:18:58 --> 02:19:02	working. It's never gonna stop working is your answer. It's never ever, ever,
1487	02:19:02 --> 02:19:08	ever, ever, ever going to stop working, because it is the market. This is what
1488	02:19:08 --> 02:19:12	the markets do. When the markets are no longer available to us to be traded.
1489	02:19:12 --> 02:19:16	That's when you can't trust it or rely on it. Because nobody can do anything
1490	02:19:16 --> 02:19:20	with the training. This is not allowed anymore. Is there ever gonna be a time
1491	02:19:20 --> 02:19:23	for that to happen? I don't know. But look at the world the last three years,
1492	02:19:23 --> 02:19:26	who the fuck knows what's gonna happen next. They're trying to do all kinds of
1493	02:19:26 --> 02:19:33	crazy shit all the time. That agenda is trying to fulfill and get to and at this
1494	02:19:33 --> 02:19:37	point, nothing's off the table. But why worry about it because it might not ever
1495	02:19:37 --> 02:19:41	happen in your lifetime. And you shit the bed. Don't worry about trying to
1496	02:19:41 --> 02:19:44	pursue something and make your life better because you think it's going to
1497	02:19:44 --> 02:19:49	stop working. When you could have had five years of doing it and change it and
1498	02:19:49 --> 02:19:58	set yourself up for life. You have selective hearing. Some of you don't
1499	02:19:58 --> 02:20:02	want to succeed because you Don't think you deserve it. And it's easier for you
1500	02:20:02 --> 02:20:10	to justify some scenario in your head. And why bother? Because ICT is given
1501	02:20:10 --> 02:20:15	secret signals that the end of the world is coming. So why bother learning how to
1502	02:20:15 --> 02:20:19	trade pisses me off when I see people do that? I made comment, like, you know, if
1503	02:20:19 --> 02:20:23	you're saying that we're going to have all these problems, and it's going to
1504	02:20:23 --> 02:20:26	get harder. You know, why bother learning trading? You know what block,
1505	02:20:27 --> 02:20:31	because I can't fix that mentality. That's an ass backwards mentality.
1506	02:20:32 --> 02:20:37	That's a victimhood mentality. Okay. Until you can't drive this bitch
1507	02:20:37 --> 02:20:43	forward, you drive it to the brakes fall off. That's how you do it. Occupy until
1508	02:20:43 --> 02:20:46	I come that was his instructions. Okay. I'm not going to get religious or
1509	02:20:46 --> 02:20:52	spiritual here, but that was his instructions. stay busy. Okay. If
1510	02:20:52 --> 02:20:56	you're, if you're just really like, oh, you know, things are harder. Why bother?
1511	02:20:56 --> 02:21:01	Well, that's why 99% of people stay working their job. They're too afraid to
1512	02:21:01 --> 02:21:09	do anything. Not me. Not me, man. I was ready to quit every job I went into. If
1513	02:21:09 --> 02:21:13	I knew I was gonna find something better. Done no two week notice, fuck
1514	02:21:13 --> 02:21:17	you keep your job on it here. I will find something better. Until I figured
1515	02:21:17 --> 02:21:22	out what I'm doing. I like I'm going to not waste my time listening to people
1516	02:21:22 --> 02:21:28	that are stupid as fuck, but have a manager's title. Okay, I was managed by
1517	02:21:28 --> 02:21:33	Carl's that's where that whole idea comes from Carl. Okay, there was a guy.
1518	02:21:34 --> 02:21:38	There's a guy that I worked for. That literally was fucking stupid, his shit.
1519	02:21:39 --> 02:21:43	He had no idea what he's doing. It was a client, he was a clown. But he acted
1520	02:21:43 --> 02:21:47	like he knew everything. And upper management even talk down to him in
1521	02:21:47 --> 02:21:50	front of us. But then he would turn around and talk to me and everybody else
1522	02:21:50 --> 02:21:56	on my crew. I'm like, fuck this shit. I'm out here. He's still doing that job.
1523	02:21:56 --> 02:22:02	Why is he still employed the fuck knows. But he never improved, he never went off
1524	02:22:02 --> 02:22:06	to upper management. And they weren't smart enough to fire his ass. And that's
1525	02:22:06 --> 02:22:10	what most of you are going to be relegating yourself to don't make any
1526	02:22:10 --> 02:22:14	change. Why bother? Change is scary. I might as well just eat the shit that
1527	02:22:14 --> 02:22:19	they're willing to spoon feed me based on getting some of my bills paid, and I
1528	02:22:19 --> 02:22:22	might not have the life I want. But it's acceptable enough for me now, why would
1529	02:22:22 --> 02:22:30	you accept that? You're worrying about something that might not happen in your
1530	02:22:30 --> 02:22:30	lifetime.
1531	02:22:32 --> 02:22:37	And you miss the opportunity to improve your life where you don't give a fuck
1532	02:22:37 --> 02:22:39	what they're doing in this world. Yeah, I have a lot of money. And if they
1533	02:22:39 --> 02:22:43	changed the way money is done, which I think it might happen. It might happen
1534	02:22:43 --> 02:22:51	in my lifetime. In my money becomes worthless. We could potentially become
1535	02:22:51 --> 02:22:56	Venezuela 2.0 in the United States, it could happen. We could see it, but I'm
1536	02:22:56 --> 02:22:59	not going to lose sleep and drive myself fucking crazy and just stop living my
1537	02:22:59 --> 02:23:05	life because the potential is there. No, fuck no. I'm worried about that. That
1538	02:23:05 --> 02:23:12	means you're not living your years waiting to die. That's not That's not
1539	02:23:12 --> 02:23:18	what I want to do. And if you think that way, oh, well, why bother. They don't
1540	02:23:18 --> 02:23:22	listen to anybody, not just me. Don't listen to nobody to sit around and wait
1541	02:23:22 --> 02:23:27	to fucking die. To sit down and wait and wait to die. And just accept that
1542	02:23:27 --> 02:23:33	greeted with a warm hug. Because that's a victimhood mentality. I don't
1543	02:23:33 --> 02:23:38	cultivate that here. I kick you on your ass, tell you exactly the way it is. I
1544	02:23:38 --> 02:23:41	don't sugarcoat anything, you're going to work very hard to learn how to do
1545	02:23:41 --> 02:23:46	this. And the folks that get there, they know that they work their ass off to get
1546	02:23:46 --> 02:23:50	it. And no one can tell them they didn't earn it. But you're not going to come in
1547	02:23:50 --> 02:23:54	here and waltz through with a shortcut and somehow find your way to the front
1548	02:23:54 --> 02:23:59	of the line. I've ever sold that idea. I've promised that you're gonna have to
1549	02:23:59 --> 02:24:03	do a whole lot of things you're uncomfortable doing. Defer a lot of
1550	02:24:03 --> 02:24:08	instant gratification that you think is owed to you. But you're trying to avoid
1551	02:24:08 --> 02:24:16	it by overexposure doing more than is necessary. I was very pleased to see
1552	02:24:16 --> 02:24:19	someone in their videos that are now implementing what I've been talking
1553	02:24:19 --> 02:24:23	about last couple weeks, which is a gave me a challenge to trade with one micro
1554	02:24:23 --> 02:24:32	account on one micro contract. And the point was is you would discover Fear Of
1555	02:24:32 --> 02:24:37	Missing Out is no longer an issue. Fear of holding onto a trade or getting
1556	02:24:37 --> 02:24:43	stopped out is no longer an issue. performance anxiety about how much you
1557	02:24:43 --> 02:24:49	have to make goes away over time because if you can start making 50 bucks a day.
1558	02:24:51 --> 02:24:57	You just make $50 a day some of you that are in Africa. Literally that would take
1559	02:24:57 --> 02:25:02	away a lot of your problems. Law Out of your problems. If you just do that once
1560	02:25:02 --> 02:25:09	a week, a lot of your problems will go away. But you see me you see my students
1561	02:25:09 --> 02:25:15	and other people showing 10s of 1000s of dollars. And you think that this is the
1562	02:25:15 --> 02:25:22	only way to view success in you subscribed to the problem in this
1563	02:25:22 --> 02:25:30	industry, in which is permeated with my you mail theology. It's Dick measuring.
1564	02:25:30 --> 02:25:33	It's really what it is. I hate to be crude, but that's exactly what this is.
1565	02:25:33 --> 02:25:37	Okay. When somebody looks at somebody and says, Oh, well, yeah, you only did
1566	02:25:37 --> 02:25:44	this, but this is what I did. Okay? Show the whole fucking year, not one day,
1567	02:25:44 --> 02:25:48	where you did something nice. And you gave her a smile. Okay, show the whole
1568	02:25:48 --> 02:25:56	year, what you deposited and what you're left with, that's quite a 1099 B. Okay,
1569	02:25:57 --> 02:26:00	that's funny how you don't see that shit in the industry. But they want to show
1570	02:26:00 --> 02:26:03	you a screenshot on Mt four, or show you one broker statement that's three pages
1571	02:26:03 --> 02:26:07	long, which means they over fucking traded and only made 60 Fucking bucks on
1572	02:26:07 --> 02:26:17	average per contract. Yeah, that's a Mnemic. You worry about all the wrong
1573	02:26:17 --> 02:26:21	things and don't press enough on the things that I tell you, you should be.
1574	02:26:21 --> 02:26:26	If you do the work on the areas, I tell you to focus on most of the problems
1575	02:26:26 --> 02:26:30	that you're going to find that most other traders go through. And you want
1576	02:26:30 --> 02:26:34	to avoid either, but you'll go through it sooner. It'll be less painful, but it
1577	02:26:34 --> 02:26:37	still has to be done. If you do the things I tell you to do and avoid the
1578	02:26:37 --> 02:26:41	things I tell you to avoid. You'll get through it sooner, but I'm not promising
1579	02:26:41 --> 02:26:45	you speedily through it. But the shortest distance between one place to
1580	02:26:45 --> 02:26:50	another is a straight line. And some of you want to do this roller coaster, up
1581	02:26:50 --> 02:26:53	and down and distraction and allanon. Try this. He's got something coming out
1582	02:26:53 --> 02:26:56	next month. He's got a new model. I can't wait first of all, because I'm
1583	02:26:56 --> 02:26:59	going to drop everything I've learned so far. And I'm gonna do whatever He tells
1584	02:26:59 --> 02:27:11	me in this book. Who's at fault when you don't get there? You? Whose credit is
1585	02:27:11 --> 02:27:20	it? When you get there? Yours. I'm just a conduit. I'm just the person that's
1586	02:27:20 --> 02:27:26	relaying the information. But if you don't listen to good advice, that sound
1587	02:27:26 --> 02:27:29	I'm not telling you to go out there and risk money. I'm telling you. These are
1588	02:27:29 --> 02:27:35	times when I'm not trying to do it with my own. What does that communicate? Does
1589	02:27:35 --> 02:27:39	that communicate that this is going to be an easy market. ICT is going to go
1590	02:27:39 --> 02:27:43	out there and slap that around. He's going to come out here and just show
1591	02:27:43 --> 02:27:46	this and show that show this No, I'm aware that this is going to be
1592	02:27:46 --> 02:27:53	problematic. And if given to my own devices, I'm prone to show humanity that
1593	02:27:53 --> 02:27:59	I exposed myself in as a 20 year old where I'm frail. And I will get angry.
1594	02:27:59 --> 02:28:04	If I do it wrong. I want to do it again. So I spent time over the last 30 years
1595	02:28:04 --> 02:28:09	identifying where those circumstances manifested itself. And what
1596	02:28:09 --> 02:28:14	characteristics Did it have that I can identify going into a new week or new
1597	02:28:14 --> 02:28:21	trading day where I can anticipate this unfolding again, so I can avoid it. If
1598	02:28:21 --> 02:28:27	there's a pitfall there, if there's a snare, or quicksand, something that's
1599	02:28:27 --> 02:28:31	going to cause me to stumble, I want to know about it in advance. I don't want
1600	02:28:31 --> 02:28:34	to blindly walk into a dark room with sharp objects pointing at me and run
1601	02:28:34 --> 02:28:39	into a full steam. And that's exactly what some of you are wanting to do. And
1602	02:28:39 --> 02:28:45	then surprise why you got your SM failed. Oh how that happened? Good
1603	02:28:45 --> 02:28:49	grief, man. I'm never going to win this stuff. It's rigged against me. None of
1604	02:28:49 --> 02:28:56	this stuff works. It is a fraud. That's the short. That's the short cycle of
1605	02:28:56 --> 02:28:59	most of the people that come to me and they don't do it. Right. They try to
1606	02:28:59 --> 02:29:03	rush through it. And it's an ethic common consensus at the end, when
1607	02:29:03 --> 02:29:07	they've done everything wrong. They've done everything wrong. They didn't do
1608	02:29:07 --> 02:29:10	the things that tell them to focus on. But it's interesting when the folks that
1609	02:29:10 --> 02:29:18	put the work in the real work. The real work is for you to stay diligent, doing
1610	02:29:18 --> 02:29:21	the things I tell you to focus on. Because once you get that data behind
1611	02:29:21 --> 02:29:27	you, and you have all of this exposure to looking for in old data, where you
1612	02:29:27 --> 02:29:32	can't weigh it out where it's a report card for you as a pass or fail a profit
1613	02:29:32 --> 02:29:38	or a loss. It's you conditioning yourself seeing something that
1614	02:29:38 --> 02:29:42	repetition of looking at this is what looks like in hindsight over and over
1615	02:29:42 --> 02:29:47	and over again. In the first time I ever mentioned the fair value gap. You didn't
1616	02:29:47 --> 02:29:54	understand it. You're thinking, wow, what makes that a fair value? Like it
1617	02:29:54 --> 02:29:58	wasn't easy to see it even though it is the easiest visual representation of a
1618	02:29:58 --> 02:30:06	PDF The easiest thing to see. But now by contrast, you look at a chart, as
1619	02:30:06 --> 02:30:10	someone's chart gets put up on on social media, or you watch another YouTuber
1620	02:30:10 --> 02:30:14	that doesn't do anything that we do. And they're looking at charts, and they
1621	02:30:14 --> 02:30:17	point up a chart, and they have whatever the fuck they put on their chart, it
1622	02:30:17 --> 02:30:21	could be indicators, no indication, it doesn't matter. But your eye will
1623	02:30:21 --> 02:30:25	immediately jump right to that fear Vega. And it's amazing how they don't
1624	02:30:25 --> 02:30:28	even fucking talk about it. And there's a trade right when it trades into it.
1625	02:30:28 --> 02:30:33	They don't talk about it, it starts moving. And then he's saying, Wow, yes,
1626	02:30:33 --> 02:30:36	this is a nice runner. Good. Good, I think right there. But you saw that
1627	02:30:36 --> 02:30:42	coming? How did that happen? By conditioning yourself, looking at old
1628	02:30:42 --> 02:30:47	data, back testing, studying, logging it, journaling, annotating it that way,
1629	02:30:47 --> 02:30:52	it means something to you, and you sugarcoat it with commentary, like you
1630	02:30:52 --> 02:30:57	saw it live, your training your subconscious, you're tricking your
1631	02:30:57 --> 02:31:01	brain, as a pseudo experience, as a moment, a moment or a memory that did
1632	02:31:01 --> 02:31:06	not physically happen. But you're basically it's like a self self
1633	02:31:06 --> 02:31:11	hypnosis, exactly what it is. You're conditioning your subconscious, to see
1634	02:31:11 --> 02:31:16	that as a memory that you experienced real time. And you're shielding all the
1635	02:31:16 --> 02:31:21	negative. And you're sugarcoating it with your commentary. And you do this
1636	02:31:21 --> 02:31:29	every day, for months. By default, when you're watching Real Time, price action
1637	02:31:29 --> 02:31:30	and your tape reading, it
1638	02:31:30 --> 02:31:33	means you're not pressing a demo, you're not doing a combine challenge, you're
1639	02:31:33 --> 02:31:35	not pressing a button with a live account, you're not trading a funded
1640	02:31:35 --> 02:31:41	account. You're just simply observing price action, and you're watching it and
1641	02:31:41 --> 02:31:45	you're seeing does it behave like you would expect, where there's no monetary
1642	02:31:45 --> 02:31:49	result that's going to be detrimental, or impactful in a positive sense at all.
1643	02:31:49 --> 02:31:54	Because you're not pressing the button, you will start seeing that you can read
1644	02:31:54 --> 02:31:59	the price action real time, you need to do that for months. Once you're
1645	02:31:59 --> 02:32:03	consistently able to do that, unless you can do that part. And you can see what
1646	02:32:03 --> 02:32:06	these moves are going to do. And you can see when price runs begin, where it
1647	02:32:06 --> 02:32:10	should not go past this point, at this point here. It should reach up here. Why
1648	02:32:10 --> 02:32:13	the fuck are you touching a demo account? If you can't do that, why are
1649	02:32:13 --> 02:32:18	you three, don't even reset the account, don't touch it. The only thing that that
1650	02:32:18 --> 02:32:22	demo accounts going to do is cause you to believe that you're ready to do
1651	02:32:22 --> 02:32:26	something that you're not. And you're gonna have selective memory about all
1652	02:32:26 --> 02:32:29	the times that you didn't do it right. And there's two or three times where it
1653	02:32:29 --> 02:32:39	made $50,000 with a 50 lot on gold. And you took 16 entries I don't even know
1654	02:32:39 --> 02:32:44	why the fuck you did it. But they're only off by one tick. That makes me sick
1655	02:32:44 --> 02:32:48	when I see empty for guys don't that shit. Here's my goal to just today 50
1656	02:32:48 --> 02:32:53	Lots and look at their entry prices. They're off by one tick, that means
1657	02:32:53 --> 02:32:55	they're just doing a whole bunch of shit. They're shut down, then boom,
1658	02:32:55 --> 02:32:59	boom, boom, boom, boom, boom, boom, boom, boom, no logic being employed. And
1659	02:32:59 --> 02:33:04	they're getting out. Just a couple points that are so fucking over
1660	02:33:04 --> 02:33:09	leveraged. Again, all these multiple entries start paying attention.
1661	02:33:09 --> 02:33:12	Everybody wants to look at that number on the right hand side, those blue
1662	02:33:12 --> 02:33:17	numbers showing the money, that's fake, you know, by shit with that. They're not
1663	02:33:17 --> 02:33:22	paying taxes on it. But that gives them a rise, it makes them feel good because
1664	02:33:22 --> 02:33:26	someone gives them a like, and now they got a dopamine hit. That's what they're
1665	02:33:26 --> 02:33:29	trading that demo account for because they don't have any fucking skill, they
1666	02:33:29 --> 02:33:32	ain't gonna make any money off of it. They are getting the reaction that makes
1667	02:33:32 --> 02:33:35	them feel significant on social media. These are social media people, they're
1668	02:33:35 --> 02:33:41	not traders. They're getting their scratch an itch off of that interaction.
1669	02:33:41 --> 02:33:45	And you're being inspired thinking, well, I could just do that, but they're
1670	02:33:45 --> 02:33:52	not doing anything. And you avoid the real work that's required to make those
1671	02:33:52 --> 02:33:57	real numbers where you can withdraw all that kind of fucking money and spend it.
1672	02:33:59 --> 02:34:03	Make a change in your life to impact your family tree. Start doing things on
1673	02:34:03 --> 02:34:07	a positive, but you're not going to get there overnight. And you're going to
1674	02:34:07 --> 02:34:12	have you're gonna have times in the market where it kicks your fucking ass.
1675	02:34:13 --> 02:34:19	And you got to go home with whelps bruises, contusions, concussions, maybe.
1676	02:34:21 --> 02:34:25	And when you blow your account, it just gets it puts you in a coma. It's all
1677	02:34:25 --> 02:34:28	until you get enough more scratch to get in there and reset that account and re
1678	02:34:28 --> 02:34:33	re up it again. It's just a fucking trading coma. Not every column was
1679	02:34:33 --> 02:34:37	terminal. So you get the scratch that put back in your account. Then you're
1680	02:34:37 --> 02:34:44	gonna Poma. But people that want to trade blowing an account ain't going to
1681	02:34:44 --> 02:34:51	stop that. They have a tenacious spirit within them. And it's required, not
1682	02:34:51 --> 02:34:55	required to to blow your account or accounts, but the tenacity to know that
1683	02:34:55 --> 02:34:59	even if you fuck it up, even if you do something wrong, and you habitually do
1684	02:34:59 --> 02:35:03	it wrong in the beginning, that's not a terminal outcome for you as a traitor.
1685	02:35:03 --> 02:35:07	This means that you have a lot of opportunity to fix. But so many of you
1686	02:35:07 --> 02:35:10	are walking around with the with your hands like blinders on, pretending that
1687	02:35:10 --> 02:35:14	you're not doing those things to yourself. And you're only focusing on
1688	02:35:14 --> 02:35:18	the good stuff, that you're not identifying the areas to improve on.
1689	02:35:19 --> 02:35:24	When you journal you sugarcoat yourself, but you have to be conscious to the
1690	02:35:24 --> 02:35:28	things that you're repeating that are problematic. You don't record those
1691	02:35:28 --> 02:35:34	negatively in your journal, you make observations, and you work towards
1692	02:35:34 --> 02:35:38	removing opportunities for those things to be invited into your trading or your
1693	02:35:38 --> 02:35:42	progress. While you're going through the motions of learning how to trade you
1694	02:35:42 --> 02:35:47	want to keep the stimuli at a minimum social media is not the best thing for
1695	02:35:47 --> 02:35:51	that. It's the worst thing you're gonna get people giving you influence about
1696	02:35:51 --> 02:35:55	why you're wasting time doing this. Their shifts supposed to be better than
1697	02:35:55 --> 02:35:59	their fucking blowing accounts out there fucking cherry picking their use their
1698	02:35:59 --> 02:36:04	successes, but they're not willing to show you everything. And because you're
1699	02:36:04 --> 02:36:09	toxic, because you can't find success, it's easier for you to jump on somebody
1700	02:36:09 --> 02:36:14	else. opinion about me or anyone elses that may have helped other people
1701	02:36:14 --> 02:36:20	because you're hurting and misery loves company. Yeah, I subscribe to that view
1702	02:36:20 --> 02:36:23	because I feel like I had a bad day and this feels good to me. It's about
1703	02:36:23 --> 02:36:27	something else besides myself. But thoughts on somebody else? But guess
1704	02:36:27 --> 02:36:33	what? You can't do that. In trading you own everything. Nobody puts you in your
1705	02:36:33 --> 02:36:39	trades but you did you did it. ICT never said buyer So Tom, Dick and Harry
1706	02:36:39 --> 02:36:43	mentorship, they might want to tell you even buy sell more to stop loss would be
1707	02:36:43 --> 02:36:48	if they use one. I don't do that here. I teach you how to reprice. Trust yourself
1708	02:36:48 --> 02:36:52	and your own analysis. And then when you do it the right way, you'll know that
1709	02:36:52 --> 02:36:59	moment. You'll know that moment. When you are absolutely comfortable going in
1710	02:36:59 --> 02:37:03	and assuming real risk. You'll never need to ask me, you'll know it won't be
1711	02:37:03 --> 02:37:07	overconfidence. It'll be sheer boredom. But you know that once you start doing
1712	02:37:07 --> 02:37:11	this, you're going to make money, you won't be perfect, you'll have losing
1713	02:37:11 --> 02:37:14	trades, but that losing trade will not change your mind about what you're
1714	02:37:14 --> 02:37:20	doing, your model still works. See, you're not taught to think that way.
1715	02:37:21 --> 02:37:26	This industry doesn't teach them that it doesn't do that at all. It's get rich
1716	02:37:26 --> 02:37:33	quick. Push your edge when you don't have an edge in beginning. So if you
1717	02:37:33 --> 02:37:37	have a dull edge, and you're pushing it, how can you expect to carve out
1718	02:37:37 --> 02:37:50	profitability? You can't in a doll knife is dangerous. That said, prep. A dull
1719	02:37:50 --> 02:37:56	knife is dangerous. You're expecting it to display and perform a function. And
1720	02:37:56 --> 02:38:02	when it doesn't do it, you can get injured when a sharp knife that's in the
1721	02:38:02 --> 02:38:09	hands of someone that knows how to use it and respects this instrument. It's a
1722	02:38:09 --> 02:38:14	safe instrument. But in the hands of someone that's not experienced with it,
1723	02:38:14 --> 02:38:21	they themselves and anyone else around it can be harmed. It's maturity it's its
1724	02:38:21 --> 02:38:29	objectivity. And you need to know knowing where you're going to be in
1725	02:38:29 --> 02:38:36	trouble. How do you do that experience? How do you get the experience doing the
1726	02:38:36 --> 02:38:42	things I tell you avoid the things that tell you not to do journaling allow for
1727	02:38:42 --> 02:38:47	the experience to take root and that experience will lift you like a feather
1728	02:38:49 --> 02:38:52	it'll carry you through these times where everybody else is going to be like
1729	02:38:52 --> 02:38:56	man I miss these news or I lost my account Chase and this but this is the
1730	02:38:56 --> 02:38:59	move I should have saw coming there's a lot of regret right now on social media
1731	02:38:59 --> 02:39:05	over this week. A lot of people in our community killed it did real well. But
1732	02:39:05 --> 02:39:09	there's some people and I said I wish I wouldn't trade it and that hurts me
1733	02:39:09 --> 02:39:18	because I I do go out of my way to point to times when even in my own trading
1734	02:39:18 --> 02:39:24	admittedly I'll have less precision because of the climate that we're in
1735	02:39:25 --> 02:39:30	it's it's more likely to be heavily manipulated you don't think for a moment
1736	02:39:30 --> 02:39:36	for for just for the sake of discussion here okay. With everything that's going
1737	02:39:36 --> 02:39:42	on, and the profit that's made in war you don't think that they're actively
1738	02:39:42 --> 02:39:48	engaging in trying to keep it all this stuff going we're calling on Israel does
1739	02:39:48 --> 02:39:54	not do the ground invasion don't want to be may say that on the surface, but
1740	02:39:54 --> 02:39:58	they're secretly wanting all that to happen and more because they're gonna
1741	02:39:58 --> 02:40:05	fucking profit off of it. wartime machines make billions of dollars. And
1742	02:40:05 --> 02:40:13	whenever there's a problem, no car they use is war. I said all this stuff in the
1743	02:40:13 --> 02:40:19	summer of 2016. Everything that's happening right now, they're following
1744	02:40:19 --> 02:40:26	the same MO. It's the same process they do all the time. And you don't want to
1745	02:40:26 --> 02:40:30	believe as an algorithm, you honestly think that their whole structure and
1746	02:40:30 --> 02:40:36	their whole financial empires, that they kill presidents and leaders and put
1747	02:40:36 --> 02:40:41	other people in that way, you can't have a central bank in that country. But
1748	02:40:41 --> 02:40:44	there's no algorithm, there's no manipulation, there's no control, where
1749	02:40:44 --> 02:40:49	they're going to let their empire be at the control and risk of a group of
1750	02:40:49 --> 02:41:00	speculators. Man, that's something that's a religion right there. Oh, man,
1751	02:41:00 --> 02:41:06	it's rich. You really think that they're not going to have things in place to
1752	02:41:06 --> 02:41:10	control how far I can go. And when it's going to go where they want it to? They
1753	02:41:10 --> 02:41:14	do so much to make sure that they can put a central bank in any country of
1754	02:41:14 --> 02:41:23	their choosing. But they don't run. Don't run the purchase. Man, seriously,
1755	02:41:23 --> 02:41:29	seriously. You drank the Kool Aid, you really really have fallen for it.
1756	02:41:33 --> 02:41:39	I get it. I know it completely upsets the whole thing. And you'll be viewed as
1757	02:41:39 --> 02:41:47	a as a weirdo some kind of a zealot and nutcase and conspiracy theorist funny
1758	02:41:47 --> 02:41:50	thing about conspiracy theorists they tend to be pretty accurate they're
1759	02:41:50 --> 02:41:54	they're what the other currents of conspiracy theories are saying this the
1760	02:41:54 --> 02:41:58	other day and my son said, You know what? I told you a UFO was going to be a
1761	02:41:58 --> 02:42:03	thing. Now they're all over the place. And now that they're making that said,
1762	02:42:03 --> 02:42:07	and they brought these fake alien bodies to Mexico brought down their fucking
1763	02:42:07 --> 02:42:12	fake Come on. Then they got Bigfoot pot. I don't know if you saw it. But in
1764	02:42:12 --> 02:42:17	Arizona, some couple was riding on the train. And then there's some big
1765	02:42:17 --> 02:42:20	footlocker sits down he's walking train goodbye. So there's There's footage of
1766	02:42:20 --> 02:42:24	Bigfoot. So what are we missing now? The fucking Loch Ness Monster. I'm waiting
1767	02:42:24 --> 02:42:28	for it. Someone's gonna have Loch Ness Monster. Okay, they're gonna have
1768	02:42:28 --> 02:42:33	videos. Because nothing else is left on that list of conspiracy theories. Okay,
1769	02:42:33 --> 02:42:36	everything else has been checked off. All boxes have been checked. Simpsons
1770	02:42:36 --> 02:42:40	call the future like everything we are everything is a conspiracy until it's
1771	02:42:40 --> 02:42:49	not. So I get it. You won't be accepted in your circle of friends and
1772	02:42:49 --> 02:42:55	influences. And if you're in the financial industry, you know, you you're
1773	02:42:55 --> 02:42:57	not going to be able to talk about an algorithm running everything. Because
1774	02:42:57 --> 02:43:00	they're gonna be like, What are you talking about the, you know, we went to
1775	02:43:00 --> 02:43:04	school, we learned this, they put us through this and that, right? Because
1776	02:43:04 --> 02:43:09	you have an image to uphold. I don't have any hope. And it is bullshit. What
1777	02:43:09 --> 02:43:14	is the slogan for sprite image is nothing but your thirst. And I thirst
1778	02:43:14 --> 02:43:18	after excellence. I'm not going to drink their bullshit. I'm not gonna fall
1779	02:43:18 --> 02:43:25	victim to their bullshit shenanigans. The early on, I did. But when you
1780	02:43:25 --> 02:43:31	finally understand how all this stuff works, it's liberating. It's scary. You
1781	02:43:31 --> 02:43:36	think about how uncomfortable it is thinking like this. And now everybody
1782	02:43:36 --> 02:43:40	else doesn't think this way. And if you're weak minded, they'll beat you.
1783	02:43:42 --> 02:43:47	And make you feel like what you're thinking isn't real. Because they need
1784	02:43:47 --> 02:43:52	their shit. They need their illusion to be maintained. Otherwise a question it
1785	02:43:52 --> 02:43:55	brings into question their whole existence and their whole paradigm.
1786	02:43:56 --> 02:44:04	False. But when you take a step back and say, okay, look, you're sitting in the
1787	02:44:04 --> 02:44:10	house, you're talking to your spouse, or your boyfriend, girlfriend, somebody
1788	02:44:10 --> 02:44:15	else, it's in there with you, and you start talking about something. Now, all
1789	02:44:15 --> 02:44:18	of a sudden, your fucking phone starts throwing advertisements on the very
1790	02:44:18 --> 02:44:24	thing that you just talked about. Now, years ago, when it first started
1791	02:44:24 --> 02:44:27	happening, people were like, This must mean the universe is telling me I need
1792	02:44:27 --> 02:44:32	to buy this. Because look at this. It just keeps coming up. Or for some of
1793	02:44:32 --> 02:44:36	you, God must not need to buy this. This is the solution. When it's just the
1794	02:44:36 --> 02:44:40	fucking algorithm listening to you on a device that you paid for. It's ease
1795	02:44:40 --> 02:44:47	dropping and it's controlling you. It's inspiring you to spend money that you
1796	02:44:47 --> 02:44:51	probably can't afford to spend for shit that you don't need that nobody's gonna
1797	02:44:51 --> 02:44:54	give a fuck about that you own but you want to buy it because you want to
1798	02:44:54 --> 02:45:00	impress people that you don't like. But there's no algorithm in the market. have
1799	02:45:03 --> 02:45:14	some good shit man come on nearly is mind boggling is mind boggling that they
1800	02:45:14 --> 02:45:25	would risk the everything they've worked for all the control all the vast
1801	02:45:25 --> 02:45:30	richness and wealth and Empire that they've created. And they wouldn't have
1802	02:45:31 --> 02:45:35	mechanisms in place that call as to how markets go up and down how far they'll
1803	02:45:35 --> 02:45:40	go when they'll go time, everything. Time at all. And they don't have to
1804	02:45:40 --> 02:45:48	worry about it. It's controlled, it's scripted. And it's such a hard thing for
1805	02:45:48 --> 02:45:57	you to swallow when I'm proving every single week. Oh, it's fun. It's fun to
1806	02:45:57 --> 02:46:08	see. So many people resist it. Because deep down inside, they're thinking, if
1807	02:46:08 --> 02:46:16	that's real. Everything that I've lived is a lie. Everything that I believed in
1808	02:46:17 --> 02:46:24	is false. And I've been led astray and deceived. And I'm here to tell you,
1809	02:46:24 --> 02:46:32	that's exactly what has taken place. That's the truth. Deception. That's
1810	02:46:32 --> 02:46:40	what's been running rampant. Information has exploded. Everybody can see it now.
1811	02:46:42 --> 02:46:48	And when then spin, start amping, amping up and really accelerating. You honestly
1812	02:46:48 --> 02:46:51	believe that your social media is going to be acceptable and allowed Knoop
1813	02:46:52 --> 02:47:00	internet gonna be killed. When that's when we lose internet connection. It's
1814	02:47:00 --> 02:47:04	because the real shits hitting the fan. And they do not and will not allow cell
1815	02:47:04 --> 02:47:12	phone. Telephone for intimate, email will happen. Instant Message won't
1816	02:47:12 --> 02:47:19	happen. Social media updates won't happen. Even telegram won't happen then
1817	02:47:19 --> 02:47:24	you know you're in the ship. That's when shit is really hitting the fan. Because
1818	02:47:24 --> 02:47:29	they're not going to allow coordination. The sharing of information so that we
1819	02:47:29 --> 02:47:34	other people can make themselves ready. And that's not fear mongering. That's
1820	02:47:34 --> 02:47:40	just that's the reality. And until that day comes in that unfolds, I'm doing
1821	02:47:40 --> 02:47:45	whatever the fuck I'm doing normally. On a high hiding up in my house, I'm going
1822	02:47:45 --> 02:47:50	out. I'm shopping. I spend time my family, I'm going to restaurants. I'm
1823	02:47:50 --> 02:47:54	doing whatever the fuck I want to do. I'm not living in here. Neither should
1824	02:47:54 --> 02:48:00	you. But you need to be aware that there is the strong likelihood that there may
1825	02:48:00 --> 02:48:05	be some disabling things occurring in the United States. If you think all
1826	02:48:05 --> 02:48:12	these people that have been coming in all these war aged males coming through
1827	02:48:12 --> 02:48:23	our border. They're all here just to have the good life. We have, we have
1828	02:48:25 --> 02:48:33	this, this perspective in America where we're kinship with the police of the
1829	02:48:33 --> 02:48:38	world, everybody fears us. Nobody can touch us. Nobody could ever invade us
1830	02:48:38 --> 02:48:42	because we have two coasts in this town. That's bullshit. Every time I've heard
1831	02:48:42 --> 02:48:46	anybody say that, like that's nonsensical, and ever since they've
1832	02:48:46 --> 02:48:49	allowed our southern border open. And somebody's like, oh, here we go. We're
1833	02:48:49 --> 02:48:52	gonna I'm going on. I'm gonna stop listening to him because they're doing
1834	02:48:52 --> 02:48:56	I'm just telling you like it is. Because all of this is what's impacting my
1835	02:48:56 --> 02:49:00	decisions about the marketplace? What's going to cause the stabilization? What
1836	02:49:00 --> 02:49:05	would catalyst what we'd catalyst for the disruption to the marketplace? Let
1837	02:49:05 --> 02:49:08	me tell you what's going to happen. These people that came through our
1838	02:49:08 --> 02:49:16	southern border, they just added to what was already here. And when it's go time,
1839	02:49:17 --> 02:49:23	and these people are in, it's instigated there, the little button has pushed for
1840	02:49:23 --> 02:49:30	their operations to begin. What happened when a couple airplanes were flown into
1841	02:49:31 --> 02:49:36	some buildings and crashed in a field in Pennsylvania. And a missile hit the
1842	02:49:36 --> 02:49:45	Pentagon? I mean, a plane hit the Pentagon. Everything stopped. The whole
1843	02:49:45 --> 02:49:50	world changed that day. Everything changed that they were they can say
1844	02:49:50 --> 02:49:54	you're a terrorist. So therefore you don't have any right to attorneys. They
1845	02:49:54 --> 02:49:57	can imprison you and you can rot in jail, and then a fucking thing anybody
1846	02:49:57 --> 02:50:07	can do about it. There's a constitution. There's a bill of rights. They wipe
1847	02:50:07 --> 02:50:15	their ass with it. Obama made 100 mile new constitutions around the US, most of
1848	02:50:15 --> 02:50:21	you don't even know about it. That's what happened. That means there's no
1849	02:50:21 --> 02:50:28	constitution. No protection on our house on the coasts into our country. Who the
1850	02:50:28 --> 02:50:35	fuck is he to say that our founding fathers are rolling in their fucking
1851	02:50:35 --> 02:50:42	graves right now. They would have already started shooting years ago. And
1852	02:50:42 --> 02:50:49	these people that are in our country right now, that is waiting. They're not
1853	02:50:49 --> 02:50:57	here to integrate. They're going to be the army. That's already here. You've
1854	02:50:57 --> 02:51:03	been invaded? No, no planes have to come over here. No missiles need to be shot.
1855	02:51:06 --> 02:51:13	What do you think would happen if say, Oh, I'm a band of 10 to 15. Well
1856	02:51:13 --> 02:51:20	trained. And conventional warfare type folks start doing some things in your
1857	02:51:20 --> 02:51:28	city in your state. crippling, crippling grid could be neutralized, like that.
1858	02:51:30 --> 02:51:31	It's fragile as shit.
1859	02:51:32 --> 02:51:42	Communications gone. Water supplies? poisoned. Either the stock market's
1860	02:51:42 --> 02:51:49	gonna trade them. No, you think airplanes will be flying around? No. You
1861	02:51:49 --> 02:51:52	think you're gonna be allowed to cross borders in from state to state? Nope.
1862	02:51:53 --> 02:52:05	They're gonna have an election, if all that's just going on? Hell no. Nope. No.
1863	02:52:07 --> 02:52:12	War Machine needs to come here. Everything's in place. It's chess. It's
1864	02:52:12 --> 02:52:21	been chess since 911. And they're not going to go backwards. Everything is
1865	02:52:21 --> 02:52:26	controlled, everything's manipulated. It's absolutely falling into their
1866	02:52:26 --> 02:52:34	schedule. And all these little puppets and Muppets they put in governors and
1867	02:52:34 --> 02:52:44	Senate seats and Congress, White House. They're just pawns for the period of
1868	02:52:44 --> 02:52:47	time, they can be used in a cast aside, they're paid.
1869	02:52:52 --> 02:53:00	But all this shit is coming home to roost soon. And if you're not preparing
1870	02:53:00 --> 02:53:06	yourself mentally for it, it's going to cause so much anxiety and fear. Which is
1871	02:53:06 --> 02:53:10	unfortunate, because if you know what's likely to come, you're not gonna be
1872	02:53:10 --> 02:53:14	surprised by it. You can't stop it. The only thing you can do is make your house
1873	02:53:14 --> 02:53:23	as is ready as you can. And with preparation, having experience another
1874	02:53:23 --> 02:53:27	means of having income. You might lose your job with all the things what
1875	02:53:27 --> 02:53:35	happens if if the terrorism breaks out? Okay, what happens if another nation has
1876	02:53:36 --> 02:53:38	people in our country right now? And I'm not going to name one particular because
1877	02:53:38 --> 02:53:43	it could be anyone really. And they start going door to door neighborhoods?
1878	02:53:44 --> 02:53:52	Well, we're a different kind of country. Yeah, most families most homes have
1879	02:53:52 --> 02:53:57	things in them that other countries don't. So we have the largest fucking
1880	02:53:57 --> 02:54:05	army, okay? And it's in the citizens of our citizens. Like literally of all the
1881	02:54:05 --> 02:54:08	countries that want to try to do something like what was happening over
1882	02:54:08 --> 02:54:12	in Israel, that will be a big fucking mistake China here. Because we don't
1883	02:54:12 --> 02:54:17	even we don't need to see you try to do it in a small town. It's any town USA,
1884	02:54:17 --> 02:54:21	anytime USA fuck around and find out. Because yeah, there might be a lot of
1885	02:54:21 --> 02:54:28	people killed here. And it might happen like that. But the success rate by ratio
1886	02:54:28 --> 02:54:34	is not going to be the same. And the only thing that would happen here is it
1887	02:54:34 --> 02:54:41	becomes fucking deer season in us. Whatever people, whatever group,
1888	02:54:41 --> 02:54:45	whatever nation they would come from, they would be driving around on their
1889	02:54:45 --> 02:54:49	fucking hoods or their pickup trucks strapped down like a deer showing
1890	02:54:49 --> 02:54:55	everybody we're all rednecks. Now. We're all rednecks. Now. There's a lot of
1891	02:54:55 --> 02:54:58	people in this country. They're chomping at the bit. They want stuff like at the
1892	02:54:58 --> 02:55:03	pop off here. I don't want that to have happen. I don't want to use any of the
1893	02:55:03 --> 02:55:10	things that I have. But I will. I don't want those things to happen. I'm not
1894	02:55:10 --> 02:55:13	fearful that they're going to happen. But I'm leaving my house and my family
1895	02:55:13 --> 02:55:16	and myself ready for it. And in the end, that did happens. That's the best you
1896	02:55:16 --> 02:55:23	can do, right? But I'm not fearful, I'm not losing sleep over that shit. That
1897	02:55:23 --> 02:55:28	was designed to do fear is a controlling factor. And when you have experience and
1898	02:55:28 --> 02:55:35	you have protocols and processes in your trading, it lets you like a feather. You
1899	02:55:35 --> 02:55:38	rise and float above all the other shit that people are going to be wrestling
1900	02:55:38 --> 02:55:41	with, they'll lose their account, they'll blow their account, they'll try
1901	02:55:41 --> 02:55:45	to do things recklessly and push more in an environment that's not conducive for
1902	02:55:45 --> 02:55:56	that to be profitable. You have to identify where the snares are. And
1903	02:55:56 --> 02:56:00	there's no easy way for me to teach it except for when it appears when it's
1904	02:56:00 --> 02:56:05	there. I tell you real time, this is what it is in that the the best the
1905	02:56:05 --> 02:56:12	teacher in that environment. But sitting still should not be avoided. If you
1906	02:56:12 --> 02:56:18	don't know something, if you know that there's increased risk. You still it's
1907	02:56:18 --> 02:56:28	safe. It's okay. I mentioned deer season Mulago. Where I live. In Harford County,
1908	02:56:28 --> 02:56:32	this is deer all the time. And you have to be careful driving around early
1909	02:56:32 --> 02:56:38	morning hours and late evening hours. Because they do it wrongly, rats, there
1910	02:56:39 --> 02:56:41	it is walk out in front of you sometimes. And if you're going on a
1911	02:56:41 --> 02:56:46	road, you can destroy your car hurt you if it goes to the windshield. It's
1912	02:56:46 --> 02:56:51	unfortunate. But sometimes you'll catch them with their little, little young one
1913	02:56:51 --> 02:57:00	little fawn. And to see them when they see a man or a car or something like
1914	02:57:00 --> 02:57:08	that. The little one, it will see its mom. And no words are spoken. If they're
1915	02:57:08 --> 02:57:11	not talking, right, you didn't make any sound they nice, I can't hear him. Maybe
1916	02:57:11 --> 02:57:15	if someone that knows more about can say something that condensation on certain
1917	02:57:15 --> 02:57:19	reply, but it's like the mother looks at the modal one. And all of a sudden the
1918	02:57:19 --> 02:57:29	little one drops and lays flat. How did it learn that? Did the mother dare say,
1919	02:57:29 --> 02:57:35	hey, drop down with that instinct, it knows preservation is the first rule. So
1920	02:57:35 --> 02:57:44	survival is is you know, I have to hide, be still. But in this industry, it's oh,
1921	02:57:44 --> 02:57:47	there's danger, let me run rate at it because that's where the action is. This
1922	02:57:47 --> 02:57:51	is where all the money's made. When you don't have the skill you're gonna have
1923	02:57:51 --> 02:57:54	to, you're gonna have to pedal a bike without the training wheels on but
1924	02:57:54 --> 02:57:59	you're gonna go out there in the time. And the setting the climate, in which
1925	02:57:59 --> 02:58:03	there's the highest probability of manual intervention where they're going
1926	02:58:03 --> 02:58:08	to clean the books, both sides up, down, up, down, up, down. But you're going to
1927	02:58:08 --> 02:58:12	call it readiness that you want to go down because it's, this is the best time
1928	02:58:12 --> 02:58:15	to be trading. These are a lot of Melchor. Lots of ballots doesn't always
1929	02:58:15 --> 02:58:20	equate to high probability. And profitability is high probability. Don't
1930	02:58:20 --> 02:58:28	lose your ass. I seen eight instances where if I was in front of the charts
1931	02:58:28 --> 02:58:34	live, I would have done it wrong. And I can tell you that I'm comfortable.
1932	02:58:35 --> 02:58:42	Having sat still till Friday. I feel good about not having done anything
1933	02:58:42 --> 02:58:49	until Friday. Now, if I were to talk about the instances that I have lived
1934	02:58:49 --> 02:58:55	through, and blowing accounts, that's the reality, folks, okay? I'm not
1935	02:58:55 --> 02:59:00	sugarcoating English. I'm telling you. fuck around and find out. Don't listen
1936	02:59:00 --> 02:59:05	to this logic. And you'll repeat what I did. You need to learn those lessons.
1937	02:59:05 --> 02:59:10	You need to lose your account, to learn to appreciate what I'm sharing with you.
1938	02:59:10 --> 02:59:15	You got to find out on yourself. Gotta go through it. You gotta get that scar
1939	02:59:15 --> 02:59:19	tissue to be part of the club. We're gonna, I gotta tell you that they should
1940	02:59:19 --> 02:59:24	throw me off. I'm, I'm a warrior now. You're better than me if you don't go
1941	02:59:24 --> 02:59:28	through it. That's the whole point. That's the whole point of why I'm
1942	02:59:28 --> 02:59:34	teaching you like this. So that way you don't have to go through it. Well, email
1943	02:59:34 --> 02:59:39	kids want to do the same shit. Well, you know, the way I'm gonna learn that is to
1944	02:59:39 --> 02:59:44	go through it. Well, you know, the teacher me is trying to spare all of
1945	02:59:44 --> 02:59:53	you. You don't need to do this. I am of the mindset that if someone was teaching
1946	02:59:53 --> 02:59:58	the way I'm teaching, and I would have blew my first account when I was 20, if
1947	02:59:58 --> 03:00:02	I would have had access, isn't it Imagine, I would not have traded,
1948	03:00:03 --> 03:00:06	probably for the first two years after that, I would have worked very, very
1949	03:00:06 --> 03:00:11	hard to be very systematic about it. And some of you think that you would never
1950	03:00:11 --> 03:00:17	do that. There's no way I'm going to wait two years to take a trade. But
1951	03:00:17 --> 03:00:20	you're willing to go into fucking dead, to learn a career that you don't even
1952	03:00:20 --> 03:00:25	know if you like, going to college. And they convince you that this is the best
1953	03:00:25 --> 03:00:30	way to live your life. This is the right way get a career get a get a trade. How
1954	03:00:30 --> 03:00:37	do you know you like it? You don't, you don't like it. I was making my own code,
1955	03:00:37 --> 03:00:43	and Diems with basic language and sixth grade. Then when I was going to college,
1956	03:00:43 --> 03:00:50	to learn more about coding, I fucking hated. I hated it. I hated it then. But
1957	03:00:50 --> 03:00:56	when it was for me, I loved it. You don't know what it's going to be likely
1958	03:00:56 --> 03:00:59	you're going to school, you'll meet a doctor. Now. It's great. You know, I'm
1959	03:00:59 --> 03:01:03	learning how to be a doctor. I love the learning aspect of being able to help
1960	03:01:03 --> 03:01:09	other people and you're out there and you realize shit. This industry is so
1961	03:01:09 --> 03:01:13	backwards. They don't really want me to help anyone. You don't really want me to
1962	03:01:13 --> 03:01:17	heal anyone. It's all about making fucking money. And I have a solution.
1963	03:01:17 --> 03:01:20	But if I try to do the solution, I'm gonna lose my fucking license to
1964	03:01:20 --> 03:01:26	practice medicine. Oh, hello. How can you love doing it, then? I have students
1965	03:01:26 --> 03:01:29	that are in that situation COVID booth that pulled all that shit out from
1966	03:01:29 --> 03:01:35	underneath them. And they're like, Wow. It was shocking. It was shocking to hear
1967	03:01:35 --> 03:01:42	the testimony of the experiences that they as trauma surgeons, frontline
1968	03:01:42 --> 03:01:50	doctors discovering what they went into this field for. They couldn't do. They
1969	03:01:50 --> 03:01:58	couldn't help people. And training was the last solution because they couldn't
1970	03:01:58 --> 03:02:05	do that anymore. Do you take that they regretted all the things they had to go
1971	03:02:05 --> 03:02:15	through to learn that skill set now know, the thankful your perception is
1972	03:02:15 --> 03:02:20	constantly being molded and shaped. And you don't realize it. If you watch TV,
1973	03:02:20 --> 03:02:23	that's, that's why they call it TV programming, their programming your
1974	03:02:23 --> 03:02:27	opinion, and how you think critically about the things they want you to think
1975	03:02:27 --> 03:02:30	about and avoid and ignore the things that they don't want you to pay
1976	03:02:30 --> 03:02:37	attention to. The same thing happens in the marketplace. There's economic
1977	03:02:37 --> 03:02:43	calendars. It's just like TV programming. We expect manipulation,
1978	03:02:43 --> 03:02:47	then we have to have an expectation of where the markets gonna go
1979	03:02:48 --> 03:02:54	that have an idea of who can be wrecked here today. And how could they make them
1980	03:02:55 --> 03:03:00	trust to put money in that situation where it can be maximized. And then once
1981	03:03:00 --> 03:03:04	it does that, then we go and look for a separate the real trades going to form
1982	03:03:04 --> 03:03:11	afterwards. I've never read a book coming up that gave that logic. It never
1983	03:03:11 --> 03:03:17	happened. But because I went into the marketplace looking at my own failures,
1984	03:03:18 --> 03:03:23	how was I failing? What was I utilizing what was I subscribing to mentally? What
1985	03:03:23 --> 03:03:28	did I see in the chart and have every bit of faith in? What did I not see
1986	03:03:28 --> 03:03:34	coming? The only way I seen these things is by having a record of making
1987	03:03:34 --> 03:03:38	observations. The way most of you are doing this right now if you don't
1988	03:03:38 --> 03:03:42	journal is you have a winning trade. You went great. You go on social media
1989	03:03:42 --> 03:03:49	champion, a trophy dog and pony show. You're losing trades. You're taking a
1990	03:03:49 --> 03:03:56	day off of social media. You're doing something else that you're upset, you're
1991	03:03:56 --> 03:04:00	you're angry, you're regretful but you're not looking into what you did
1992	03:04:00 --> 03:04:04	wrong. You're trying to hide it trying to sweep it under the rug. That's not
1993	03:04:04 --> 03:04:08	what you're supposed to do. And you put all the taxes on what you did, right and
1994	03:04:08 --> 03:04:12	you made money. You're not gonna learn anything from what you made money on,
1995	03:04:12 --> 03:04:20	except for ego, and pride. And that's going to make you harder to learn from
1996	03:04:20 --> 03:04:23	the mistakes because you're going to try to hide those things that were painful.
1997	03:04:24 --> 03:04:29	Because you want the sugary coldness of the winds. And you think the winds are
1998	03:04:29 --> 03:04:32	going to teach you everything you need to know about winning and making money.
1999	03:04:33 --> 03:04:38	And it's not the way you learn how to make money is you study what you did
2000	03:04:38 --> 03:04:44	wrong. And you put things in place to fortify the errors that you made and
2001	03:04:44 --> 03:04:50	created. You fortify that with positive things that remove the likelihood and an
2002	03:04:50 --> 03:04:55	invitation for those things to repeat in the future. But that takes work and it
2003	03:04:55 --> 03:05:00	takes the time and energy to identify that you have a frailty you have a
2004	03:05:00 --> 03:05:05	weakness there. But that weakness is going to remain there until you remove
2005	03:05:05 --> 03:05:14	it. Don't pretend it's not there. Don't pretend. That's why marriages and
2006	03:05:14 --> 03:05:20	relationships fail too. You see problem areas, you see weak links in that
2007	03:05:21 --> 03:05:26	relationship, you see early warning signs that this is person to potentially
2008	03:05:26 --> 03:05:30	start becoming someone you really don't want to be with. So you need to address
2009	03:05:30 --> 03:05:37	it early on, say, hey, look, we got to go. This is I didn't see this about you.
2010	03:05:37 --> 03:05:41	Is this something that we need to work on together? Or is this something that,
2011	03:05:41 --> 03:05:48	you know, this is who you are, and I can make a decision. Because you don't want
2012	03:05:48 --> 03:05:52	to be in a toxic relationship. And trading can become a toxic relationship
2013	03:05:53 --> 03:05:58	where you build this codependency with a toxic lover, which is what the market
2014	03:05:58 --> 03:06:03	is, he is a cruel and it's not indifference to blame. I mean, vilified.
2015	03:06:03 --> 03:06:07	Okay? You if you want to call it, he's a cruel lover, for the folks that are
2016	03:06:07 --> 03:06:12	looking at it that way, that's fine, too. But the markets are very cool
2017	03:06:12 --> 03:06:18	latter day they demand all of our attention. They're jealous, they don't
2018	03:06:18 --> 03:06:22	like it when we spend time with our family. How do you have proof of that,
2019	03:06:22 --> 03:06:25	when you spend time your family, the fucking market will go 500 Fucking
2020	03:06:25 --> 03:06:29	points. And you should have been in front of charts, you weren't to go fuck
2021	03:06:29 --> 03:06:35	yourself. I paid you for your, your disloyalty. You want to spend time with
2022	03:06:35 --> 03:06:40	me, we'll spend time with them. Okay, here's a missed opportunity. And then
2023	03:06:40 --> 03:06:43	you're gonna come back the next day, thinking, Oh, it's gonna be another 500
2024	03:06:43 --> 03:06:51	handle one, and then hitching his stomach, lose more money, who will love
2025	03:06:51 --> 03:06:58	me. So it's, it's a very, very hard industry, to master through the emotions
2026	03:06:58 --> 03:07:02	and psychological balancing act. And if you have children, you have just
2027	03:07:03 --> 03:07:10	literally made this so more complex, you've made it so astronomically
2028	03:07:10 --> 03:07:14	difficult. Because if you're a parent, and for some of you young folks that
2029	03:07:14 --> 03:07:19	don't have children, yet, this is going to be a discovery for you. But when
2030	03:07:19 --> 03:07:24	you're a parent, you are wrestling with guilt, constantly. I'm spending too much
2031	03:07:24 --> 03:07:27	time in this chart. But I need to make money because I want to make something
2032	03:07:27 --> 03:07:30	better for them and their life. And you're constantly doing this balancing
2033	03:07:30 --> 03:07:35	knife. If you're trying to be a teacher, and you're trying to run some kind of a
2034	03:07:35 --> 03:07:39	business and trying to teach and help other people, you're basically putting
2035	03:07:39 --> 03:07:44	other people in front of your own children. And that guilt is always there
2036	03:07:44 --> 03:07:49	for know the surface. It's always there, and it's nagging and eating it and
2037	03:07:49 --> 03:07:53	consuming you. And that's going to cause you to do things that are reckless, you
2038	03:07:53 --> 03:07:57	want to hurry up and get through something to be able to throw a bone to
2039	03:07:57 --> 03:08:01	your students or throw a bone to your clients or throw something out there to
2040	03:08:01 --> 03:08:06	keep people inspired. Because you have to do more in the scope of a father or
2041	03:08:06 --> 03:08:12	mother for your children. You have that responsibility. And when you are young,
2042	03:08:12 --> 03:08:17	and you live vicariously and recklessly and doing things because you're your new
2043	03:08:17 --> 03:08:21	money now. You're not responsible and you create a new being a new life and
2044	03:08:21 --> 03:08:27	child. That's wonderful. You stay with them. And in that comes a relationship
2045	03:08:27 --> 03:08:31	and your family element. That's wonderful. Be fruitful, multiply, it's
2046	03:08:31 --> 03:08:37	great. But what happens if it wasn't like that? You have now made your life
2047	03:08:37 --> 03:08:43	and their life so complicated, because you didn't plan your actions. You
2048	03:08:43 --> 03:08:51	didn't. You weren't responsible. All these things are a response to being not
2049	03:08:51 --> 03:08:57	equipped to assume the risks. You didn't follow a process or a protocol. And you
2050	03:08:57 --> 03:09:02	are just reacting to the circumstances. Oh, wow. They want to lay down with me.
2051	03:09:02 --> 03:09:07	I'll do that. And that's what happened with me. My oldest son Cody, that was
2052	03:09:07 --> 03:09:13	exactly what it was. I had new money. I was attracted to his mother. I didn't
2053	03:09:13 --> 03:09:18	know she was married. Wham Bam. Thank you ma'am. I'm gonna daddy gold digger.
2054	03:09:19 --> 03:09:24	We're gonna take you everything you got. Well, I wasn't ready for that. Who would
2055	03:09:24 --> 03:09:31	be and when you flash your money, and you flash your lifestyle, you're putting
2056	03:09:31 --> 03:09:36	a billboard sign. Calm take advantage of me. Both sexes calm take advantage of
2057	03:09:36 --> 03:09:45	me. Nobody can happen to you guys or gals. Let me read the magnetar for the
2058	03:09:45 --> 03:09:52	Kelly Clarkson. They are gold diggers and it happened to them. More money,
2059	03:09:52 --> 03:09:57	more problems. So when you start making money, the worst thing you can do is go
2060	03:09:57 --> 03:10:01	on social media and tell everybody what you're doing. You're gonna have
2061	03:10:01 --> 03:10:06	ambulance chasers, constantly caught around, looking for an opportunity. I
2062	03:10:06 --> 03:10:11	got people all the time on the road, literally, if I'm in line bets, I got
2063	03:10:11 --> 03:10:15	assholes, like, run up real quick. And it would look like, oh, they want me to
2064	03:10:15 --> 03:10:18	race or they want me to launch. They want me to take off? Or they're just
2065	03:10:18 --> 03:10:21	toying with me, do you look at me and smile and like, Yeah, I can't do it,
2066	03:10:21 --> 03:10:24	that type of thing, because they run random little rice burns and bullshit.
2067	03:10:25 --> 03:10:29	But what they do is they run it real quick. And they hurry up and jump in
2068	03:10:29 --> 03:10:32	front of me and slam the brakes on, I'm already expecting it. That's a scam.
2069	03:10:33 --> 03:10:37	They want me to rear end them in my Corvette, and then claim back injury and
2070	03:10:37 --> 03:10:42	disability for us. And we're talking life. That's exactly what it is. So I
2071	03:10:42 --> 03:10:46	drive with every expectation, giving lots of room in front of me, my wife
2072	03:10:46 --> 03:10:50	doesn't do this. And that's why I don't like her driving my cars. She has her
2073	03:10:50 --> 03:10:55	own car and our own policy. And I keep it that way. Because she drives
2074	03:10:55 --> 03:11:00	recklessly, she drives aggressive, she drives on people's bumpers, like she's,
2075	03:11:00 --> 03:11:08	she's nuts. I don't like to drive with her. But she keeps so little distance
2076	03:11:08 --> 03:11:12	between the car in front of her and her front bumper, she doesn't let that
2077	03:11:12 --> 03:11:16	opportunity present itself. But what she doesn't realize is she's riding on the
2078	03:11:16 --> 03:11:18	person that may be that kind of person that says, Okay, well, I'm just gonna
2079	03:11:18 --> 03:11:26	put the brakes on and now I got you. So every risk that's out there, you know,
2080	03:11:26 --> 03:11:29	there's someone that has more experienced this would have solved these
2081	03:11:29 --> 03:11:35	things coming. And as a mentor, I tried to convey that it may not be an analogy
2082	03:11:35 --> 03:11:41	that makes sense to you, it may not be so apparent, the lesson that I'm trying
2083	03:11:41 --> 03:11:46	to draw from, for you, as an audience member listening, you might be too young
2084	03:11:46 --> 03:11:49	to appreciate some of the things I talked about. And the older folks can
2085	03:11:49 --> 03:11:54	see hearing you spit. In fact, it makes perfect sense. And that's exactly how I
2086	03:11:54 --> 03:11:57	would have said if I were you, but you're not all of you're going to be
2087	03:11:57 --> 03:12:00	able to relate to the things I'm teaching or the way your teaching style.
2088	03:12:01 --> 03:12:06	Because your youth is in a way, just like my youth was in my way. But over
2089	03:12:06 --> 03:12:11	time, given enough experience, that experience will lift you like a feather,
2090	03:12:11 --> 03:12:15	it'll carry you above all these problem times when it's problematic, and you're
2091	03:12:15 --> 03:12:19	going to likely do it wrong, your experience will will tell you, this is
2092	03:12:19 --> 03:12:22	where you're going to probably do it wrong. So don't bother take up, take a
2093	03:12:22 --> 03:12:27	couple of days off, demand that it does something exceptional, where it's really
2094	03:12:27 --> 03:12:31	confirming that what you were expecting is likely to occur. That's not weakness.
2095	03:12:31 --> 03:12:36	That's not not knowing how to trade and other people are going to say I did this
2096	03:12:36 --> 03:12:41	and I did that. It's so funny. This look at the last two years that people that
2097	03:12:41 --> 03:12:45	talk the most every time they put their fucking foot their mouth. Oh, I'm gonna
2098	03:12:45 --> 03:12:48	do this I'm gonna prove it doesn't and they look like fucking fools.
2099	03:12:49 --> 03:12:53	And I'm staying in my lane just doing what I'm doing. They're wrecking
2100	03:12:53 --> 03:13:01	themselves. Because they're trying to use social media the wrong way. And it
2101	03:13:01 --> 03:13:06	comes into backfires. It's like some of you that are young, you want to be able
2102	03:13:06 --> 03:13:10	to present your funded account certified standard account trader, your
2103	03:13:10 --> 03:13:15	withdrawal, because you need other people to believe you. Because you can't
2104	03:13:15 --> 03:13:20	believe your own success. That to me is astonishing. I'm not saying every one of
2105	03:13:20 --> 03:13:25	my students or anybody else's students that share their accolades and success
2106	03:13:25 --> 03:13:29	and their withdrawals and profits that they've made and their success and
2107	03:13:29 --> 03:13:36	milestones. Not all of them need that. But largely most of them do. Because you
2108	03:13:36 --> 03:13:41	can't believe that it's happened to you and to other people acknowledge it. And
2109	03:13:41 --> 03:13:46	that's a sad state of affairs, because that's what our humanities become. We've
2110	03:13:46 --> 03:13:53	been beaten down to think that working too much all week long to make too
2111	03:13:53 --> 03:13:57	little money, starving ourselves from family attention and time with them.
2112	03:13:59 --> 03:14:04	Calling that the American dream, calling that a success story. That anything
2113	03:14:04 --> 03:14:09	apart from that that's profitable, feels like a dream. And we have to be pinched
2114	03:14:09 --> 03:14:12	to be reminded that this really happened. You really didn't make money.
2115	03:14:12 --> 03:14:15	You really did call the future. It panned out like you thought it was gonna
2116	03:14:15 --> 03:14:19	happen. You did what they said is impossible. You time the market. You did
2117	03:14:19 --> 03:14:27	exactly what you're supposed to. It benefits me to you and you made money. I
2118	03:14:27 --> 03:14:32	get it. Yeah, it's hard to believe it. And that's why a lot of people around
2119	03:14:32 --> 03:14:37	you, when you go on social media, they're not going to believe you. It's
2120	03:14:37 --> 03:14:45	normal. So Why invite the opportunity where you had to defend yourself. Don't
2121	03:14:45 --> 03:14:51	do it. Live in your life, privately. Make all the money you want to make.
2122	03:14:52 --> 03:14:57	Don't flaunt it. Don't invite people that want to try to take it from you on
2123	03:14:57 --> 03:15:01	deservingly and don't invite them in their phone. In unsolicited opinions,
2124	03:15:01 --> 03:15:07	that doesn't mean fuck all. Because when you're doing it, it matters not what
2125	03:15:07 --> 03:15:11	anybody else thinks. Who cares what they think? Are you going to change your
2126	03:15:11 --> 03:15:15	spending habits? When you start making six figures a year based on somebody
2127	03:15:15 --> 03:15:19	else's opinion that you did? Or didn't really make that money? No, no, you're
2128	03:15:19 --> 03:15:23	not, you're not gonna give a shit. And you're just making them significant by
2129	03:15:23 --> 03:15:28	entertaining them. Eye sport with these people online because Twitter is fun to
2130	03:15:28 --> 03:15:34	me. It's always been a playground for me. My advice when I lead is, don't
2131	03:15:34 --> 03:15:40	waste your time with it. It's too many things going on in the world. It's
2132	03:15:40 --> 03:15:44	better usage of your time doing away from social media, for all your
2133	03:15:44 --> 03:15:49	attention and development, be balanced. Work on having a balanced life. That's
2134	03:15:49 --> 03:15:56	where I failed. I failed. Having a balanced marriage, and fatherhood over
2135	03:15:56 --> 03:16:02	my children. I spent too much time in these markets. I've spent too much time
2136	03:16:02 --> 03:16:09	since 2016, with all of you as my students. And it may sound rude. But I
2137	03:16:09 --> 03:16:16	can't get that time back. And I feel terrible. I feel like I cheated mine
2138	03:16:16 --> 03:16:26	children 17 1819 hour days, running a mentorship. Trying to help people and
2139	03:16:26 --> 03:16:32	trying to give everything I had it affected my health. I couldn't sleep
2140	03:16:32 --> 03:16:36	well. And you might think I don't sleep well, because I do the sleep says I have
2141	03:16:36 --> 03:16:41	but I couldn't sleep hardly at all. And sometimes you would hear me in the
2142	03:16:41 --> 03:16:46	recordings, and you could hear I'm fatigued. I was getting sick more than I
2143	03:16:46 --> 03:16:50	ever did. And I know I usually don't get sick. But I got sick several times while
2144	03:16:50 --> 03:16:55	running a mentorship. Because my immune system was being affected by fatigue,
2145	03:16:55 --> 03:17:00	not eating right, not exercising, I was constantly on the computers, constantly
2146	03:17:00 --> 03:17:07	engaging students. And I'm excited in three weeks that I'm not going to
2147	03:17:07 --> 03:17:13	happen, have that level of output anymore. And I can spend time through
2148	03:17:13 --> 03:17:18	the holidays with my family, and start a brand new year without having this
2149	03:17:18 --> 03:17:24	tethering between all of you and me. And I'm going to be enjoying watching all of
2150	03:17:24 --> 03:17:31	you grow. And who gets the rise up? Who gets all of the accolades, and everybody
2151	03:17:31 --> 03:17:35	wants to follow that person. I'm not gonna be showing up and saying anything
2152	03:17:35 --> 03:17:39	talking shit about anybody else. I'm gonna watch just like everybody else is
2153	03:17:39 --> 03:17:46	watching. I want to see what you all do. I want to see the next person that gets
2154	03:17:47 --> 03:17:52	all the bullshit, and also all the attention and how they manage it, what
2155	03:17:52 --> 03:18:00	they do with it? Did they abuse it? Do they monetize it? Do they? Whatever they
2156	03:18:00 --> 03:18:05	did, I don't know. I'm interested to see it. Not for the dick measuring aspects
2157	03:18:05 --> 03:18:09	of it. But I'm genuinely interested. But I'll have to spend my life on social
2158	03:18:09 --> 03:18:17	media doing it. And that's what's unfortunate. That's since 2016. Social
2159	03:18:17 --> 03:18:27	media has controlled my life. It's absorbed the majority of my time. So for
2160	03:18:27 --> 03:18:31	the folks that are upset with me that saying that I shouldn't do this, I
2161	03:18:31 --> 03:18:36	shouldn't leave social media shouldn't leave being active to have more people
2162	03:18:36 --> 03:18:38	now that want to learn and it's not fair. Go watch what I've already
2163	03:18:38 --> 03:18:42	produced, because that's what they did. Everybody that's got to the point where
2164	03:18:42 --> 03:18:45	they're at right now. They watch what I produce, I didn't delete anything. It's
2165	03:18:45 --> 03:18:51	there. Go through all that again. When again, to go through it like they did
2166	03:18:53 --> 03:18:56	anything you need to be fortifying of shoring up, just go back and watch it.
2167	03:18:58 --> 03:19:01	That's why you should be writing notes, taking notes of what these videos are
2168	03:19:01 --> 03:19:04	talking about. That way, you know, go back into that video, this time he
2169	03:19:04 --> 03:19:11	talked about this. Anything that you feel unsure about when you're watching
2170	03:19:11 --> 03:19:14	the video and I comment on it, make a notation and where I've talked about it.
2171	03:19:16 --> 03:19:21	And when you start looking at a few different videos, I'll talk about
2172	03:19:21 --> 03:19:27	something here in one video, and I'll amplify it over here. And by having that
2173	03:19:27 --> 03:19:30	maybe another third or fourth video, you'll have a better understanding of
2174	03:19:30 --> 03:19:34	what I did in those instances that are uniquely in separating from one another.
2175	03:19:35 --> 03:19:38	But it'll give you the concept or conceptual idea of what it is I'm
2176	03:19:38 --> 03:19:44	employing and you'll have the visibility they will see. Oh, I get that now versus
2177	03:19:44 --> 03:19:48	me trying to do one video teaching like a TGIF. You think every single weekly
2178	03:19:48 --> 03:19:54	candle is going to retrace 23% Because it's a Friday every week. It doesn't
2179	03:19:54 --> 03:19:58	work that way. So it's logic that I shared in there that it's still in that
2180	03:19:58 --> 03:20:02	video. But because Should you come in with these preconceived notions about
2181	03:20:02 --> 03:20:06	what it is that you should know? Well, that means that you're a teacher, you're
2182	03:20:06 --> 03:20:10	not the student, if you're coming to me, telling me how you need to be taught,
2183	03:20:11 --> 03:20:16	that means you're the teacher, and I'm going to sit down. I'll let you teach
2184	03:20:16 --> 03:20:22	yourself. And then when you're ready to learn, you'll stop pretending you know
2185	03:20:22 --> 03:20:26	more about how you should run, you don't know you're in a state of ignorance,
2186	03:20:26 --> 03:20:32	when you come to a teacher, not just me anyone. And you have to have modesty and
2187	03:20:32 --> 03:20:36	respect, that you're expecting these people that are not obligated, I'm not
2188	03:20:36 --> 03:20:43	obligated to teach you fucking nothing. I love doing it. But I have had my
2189	03:20:43 --> 03:20:50	feelings hurt, being very interested in trying to help some individuals. And
2190	03:20:50 --> 03:20:54	they literally turn around and kick me in the face for doing the very thing
2191	03:20:54 --> 03:20:58	that I would have done for anyone else. And wish they would have done for me
2192	03:20:58 --> 03:21:02	when I was coming up. But I'm not gonna lie to you and tell you something that
2193	03:21:02 --> 03:21:07	you want to hear, that isn't going to help you, I'm going to tell you how
2194	03:21:07 --> 03:21:10	you're going to fail, how to avoid it, these are the things you have to work
2195	03:21:10 --> 03:21:12	towards. And it's going to be a struggle for some of you, not all of you, but
2196	03:21:12 --> 03:21:16	some of you are going to resist it. And the longer you resist it, that means
2197	03:21:16 --> 03:21:18	that it's going to take you that much longer to learn how to do it
2198	03:21:18 --> 03:21:28	consistently. But all of that said, these things that keep creeping into
2199	03:21:28 --> 03:21:33	your trading development, there are problems. It's the fact that you have
2200	03:21:33 --> 03:21:37	not learned properly from the things that are being negative in your
2201	03:21:37 --> 03:21:42	progress. And you're pretending they're not there. And you have to tackle them,
2202	03:21:43 --> 03:21:46	you have to remove the invitation for them, you have to remove the setting the
2203	03:21:46 --> 03:21:51	the opportunity, and the easiest thing that I can try to communicate to you is
2204	03:21:52 --> 03:21:58	there are times when the market is going to be harder. And when you can identify
2205	03:21:58 --> 03:22:04	that it's best to not do anything. And it matters not if Joe Schmo and his
2206	03:22:04 --> 03:22:10	mentorship horseshit is made whatever he's supposedly need, at a time when you
2207	03:22:10 --> 03:22:13	maybe made it public knowledge that you're not doing it because you don't
2208	03:22:13 --> 03:22:17	think the markets gonna be conducive for high probability trading. Whenever
2209	03:22:17 --> 03:22:22	someone says that on social media, I guarantee it when I say that stuff, the
2210	03:22:22 --> 03:22:25	people that say it said about me where I got multiple accounts and multiple
2211	03:22:25 --> 03:22:29	laptops trying to buy and sell the same bullshit. They themselves are working
2212	03:22:29 --> 03:22:34	very hard to come up with something to say it said don't do this. But here's
2213	03:22:34 --> 03:22:39	what I did. Because they need that to feel good about themselves. They need
2214	03:22:39 --> 03:22:42	that significance. They need that dopamine hit, they need to be able to
2215	03:22:42 --> 03:22:43	feel like they outsmarted me.
2216	03:22:46 --> 03:22:49	That's not the wrong assessment, the right thing to do in trading, you're
2217	03:22:49 --> 03:22:53	trying to constantly measure up to someone else. The people that make money
2218	03:22:53 --> 03:22:59	don't give a fuck. I don't care what these people make or lose, I don't care.
2219	03:23:00 --> 03:23:05	Their methodology. I don't believe in its methodology. It's made up fairytales
2220	03:23:05 --> 03:23:10	bullshit. If they made mine, that was chance, just like when people go to
2221	03:23:10 --> 03:23:15	casinos, and they get lucky at the slot machines isn't skill. It's a ratio at
2222	03:23:15 --> 03:23:18	some point, after a certain amount of money goes into machine, then it pays
2223	03:23:18 --> 03:23:23	out a certain percentage. That's how it works. It's running on algorithm ah, oh
2224	03:23:23 --> 03:23:31	shit. But by having a logic of knowing when to avoid certain things in certain
2225	03:23:31 --> 03:23:35	climates, and when not to trade, and when to put a limitation on yourself. I
2226	03:23:35 --> 03:23:41	can only trade if it does this. Instead, you rooted in sound logic that will
2227	03:23:41 --> 03:23:48	prevent you from wrecking yourself. It'll instill discipline, self control,
2228	03:23:49 --> 03:23:55	and you will not invite the tendency to over leverage over trade and revenge
2229	03:23:55 --> 03:24:00	trade. And you won't fear missing any move. You've already given yourself
2230	03:24:00 --> 03:24:05	permission. How disarming is that, yeah, already know that this is probably gonna
2231	03:24:05 --> 03:24:08	be a week where it moves around a lot. But I might not be that precise this
2232	03:24:08 --> 03:24:12	week. So I'm willing to let it go, either. But don't take any trades all
2233	03:24:12 --> 03:24:16	week long. You've done it outwardly already committed to it. You committed
2234	03:24:16 --> 03:24:19	yourself to it. So that way, you're not going to feel any regret. Because you've
2235	03:24:19 --> 03:24:22	already told yourself, you've given yourself permission. How many times have
2236	03:24:22 --> 03:24:25	you done that in your trading? You've given yourself permission to not take a
2237	03:24:25 --> 03:24:29	trade this day, even though you think it might do something? Do you outwardly say
2238	03:24:29 --> 03:24:34	to yourself? You know, Michael, you do have permission to not take a trade
2239	03:24:34 --> 03:24:38	today. Nobody's expecting you to take a trade today. You don't have to trade the
2240	03:24:38 --> 03:24:44	day. That's what that does psychologically. And subconsciously. It
2241	03:24:44 --> 03:24:48	disarms you so that way, you're not out to prove shit. Then your visibility
2242	03:24:48 --> 03:24:54	becomes more clear. You'll see the setups that are really there versus I
2243	03:24:54 --> 03:24:59	need to have something to go on social media. I need to do a live stream so I
2244	03:24:59 --> 03:25:07	can show my Oh shit working and then losing. It's human error constantly
2245	03:25:07 --> 03:25:11	repeating itself over and over and over again, and they don't see it, you don't
2246	03:25:11 --> 03:25:18	see it. And it's correctable, you can replace this methodology that invites
2247	03:25:18 --> 03:25:25	failure. You can replace it by simply giving yourself permission to be
2248	03:25:25 --> 03:25:30	imperfect. And you don't have to treat every day. And once you disarm yourself
2249	03:25:30 --> 03:25:36	like that, your objectivity and looking at price, it becomes clear. You don't
2250	03:25:36 --> 03:25:40	have anything to prove. You're not out there trying to prove your concepts, my
2251	03:25:40 --> 03:25:45	methodology, or whatever it is that you're doing works. You're just focusing
2252	03:25:45 --> 03:25:49	on is that setup really there? Does it fit what I'm expecting the market to do?
2253	03:25:50 --> 03:25:56	And then what happens is you become a well rounded, balanced, professional
2254	03:25:56 --> 03:26:05	minded trader. And by doing those things, by contrast, it'll lift you like
2255	03:26:05 --> 03:26:09	a feather. This float above all these other problem times, where everybody
2256	03:26:09 --> 03:26:12	else is like, where the hell that come from? Why was the market so hard this
2257	03:26:12 --> 03:26:17	week? What is what is this market creating all these problems for? Why is
2258	03:26:17 --> 03:26:22	it keep having all these deep retracements you're not on social media
2259	03:26:22 --> 03:26:25	laughing at them. You're not in there. You couldn't stand in your face, but
2260	03:26:25 --> 03:26:29	you're smiling. I'm glad I didn't get caught up in that bullshit. You're wiser
2261	03:26:29 --> 03:26:38	now. So stillness is a very, very good skill set. And the sooner you learn to
2262	03:26:38 --> 03:26:44	give yourself the permission to be still about that will be bounced up and
2263	03:26:44 --> 03:26:48	insightful today from this, hopefully I was inspiration on some aspect of
2264	03:26:48 --> 03:26:54	sharing what it is felt inspired to talk about. I'm not tired, but I can hear my
2265	03:26:54 --> 03:26:59	wife down here. She's getting aggravated with a puppy. So that's her way of
2266	03:26:59 --> 03:27:03	letting you know it's time to come in here help me. So I'm gonna wish you a
2267	03:27:03 --> 03:27:06	very pleasant Saturday. Hopefully you enjoy yourself this weekend. You're
2268	03:27:06 --> 03:27:10	safe, and you're in good health. And I will be with you all tomorrow, Lord
2269	03:27:10 --> 03:27:16	willing at five o'clock Eastern time, tomorrow to do a live stream market
2270	03:27:16 --> 03:27:21	reveal. And we'll see what we do in the opening. So I'll stay with you for about
2271	03:27:21 --> 03:27:25	an hour tomorrow. Until I talk to you then we say