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Version 1.1 by Drunk Monkey on 2020-12-09 06:08
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Drunk Monkey 1.1 1 1
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3 ICT: Okay, folks, good morning. Good morning. Good morning. This is your first
4 time here in the questions box. Give me a number one. If you've been here before
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8 my mentorship, no need to tell me.
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12 actually surprised there's a lot of a lot of you that are new, or at least
13 you're at least you're telling me you're now I'm not sure. Okay, so what we're
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17 gonna do is I'm gonna be asking for credit card numbers today. So security
18 numbers, and I'm just kidding, I'm just kidding. I'm asking you for anything.
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22 All right, first things first, we're looking at the Twitter account, did I
23 activate it? So that way everyone knows that it is me. You hear my voice. It's
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27 at AI underscore, m underscore ICT. So if you've seen it or heard about it, and
28 you're watching the video, I wasn't gonna record this. But now I'm going to
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32 because I think I could answer a couple different things that came by way of
33 email over the weekend. So a lot of it had to do with is this really me, because
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37 there's two goobers on Twitter pretending to be me. But nonetheless, it's me. So
38 I'll be sharing stuff. Beginning in October, I just want to get to Twitter
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42 account activity later by notes me. And that's about it. As far as that goes,
43 it's pretty self explanatory. I'm not going to be doing the stupid stuff I did
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47 in the past, or I was trolling all the other people. So if you're looking for
48 that, unfortunately, that won't be there. I'll just be talking about the markets
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52 and whatever else goes on in, in the charts. Alright, so let's go over to Mt
53 four. That way, we'll get started on the things I want to discuss this morning.
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57 Now, admittedly, I'm a little rusty, because I've been away from live sessions
58 for a couple weeks. I'm used to doing it on a day by day basis. But not taking
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62 some time off, because I've been burned out. But I want to kind of like, give
63 the opportunity to voice my opinion on some of the things that I think plague
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67 traders. In terms of bad habits. Actually, I'll refer to some of the things I've
68 done. From the beginning. Back in the 90s, when I first started as a trader, and
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72 one of the one of the one of the things that I think, if you first tackle it,
73 and I'll talk about before we close today's session, if we can overcome this one
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77 particular habit, I think that would be a huge milestone, for everyone stay in
78 and eat, it doesn't matter if you're a new trader, or if you're someone that's
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82 been trading for a long time. There's one particular habit that always plagues
83 everyone. And I'm not suggesting I have figured it out for everyone, but I'll
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87 just give you my suggestion how I personally overcome it, or at least battle it.
88 Alright, so when we're, when we're considering trading, obviously, the beginning
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92 or genesis of everything is, is you have to have an idea of what you're going to
93 act on. Everyone first gets into this business, and they want to think about how
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97 much money they're going to make. They don't take any consideration that how
98 much money they're going to lose, or whether in terms of adversity. So
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102 obviously, that's the first habit that, you know, becomes a bad habit is
103 expectations, you know, and the unfortunate thing for me is, when I first
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107 started, I had initial luck. And everyone knows the storyline. I'm not going to
108 rehash all that. But the barrier at which begins to build in a traders mind is
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112 as soon as they have initial block, like for instance, I had he start thinking,
113 you know, more than you really do, you start thinking that you're better than
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117 you really are. And that was all what I experienced in the beginning. So I don't
118 want to have this session without at least bringing that up first. Because a lot
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122 of you may be new, I don't know what your length of trading or how long you've
123 been doing it. Just for record sake, I can't see it now because I'm not looking
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127 at it. But if you don't mind in the comment section, for question boxes, tell me
128 how long you've been trading or when you first started doing it. You know, just
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132 give me some feedback. I can't read it all here while we're doing because
133 there's a lot of things that supposedly had to close to the questions box. So I
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137 can keep my train of thought but the low expectation approach I think is the
138 best way because it allows a lot of room to grow. What you think you're going to
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142 be able to do when you first start or before you start is going to be strongly
143 contrast that by what you see in reality. In other words, everyone has this rose
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147 petal colored the Classes perspective, you know, they're never going to have a
148 problem, because they feel hyped up, they get encouraged by whoever's told him,
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152 you know, this is how you make money, even in myself. And I've been guilty of
153 that because of the things I promoted on baby pips and my tutorials and
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157 everything that created around the buzz of trading. Everyone subscribes to the
158 idea that they're only going to make money for getting the very first post I put
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162 on here, talking about how everyone blows it, including myself at one several
163 accounts. It wasn't just an AdWords account, you know, I've dusted a commodity
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167 account or two.
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171 So if you have these unrealistic expectations, you're going to quit your job and
172 you have 30 days or within a year, your chances are, you're not, you're not
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176 going to do that, because you're going to do things to try to rush to that
177 objective. And if you have initial luck, chances are, you're probably going to
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181 do a lot more leverage, you're going to be doing a lot more trading, your
182 frequency, and you're going to be doing things that are probably gonna be
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186 outside the scope of what you originally sat down with in terms of a trading
187 plan. And if you've traded, at least with live money, you know exactly what I
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191 mean, by saying all these things, you've probably done a laundry list of things
192 beyond that. But the taste topic, I kinda want to talk about bad habits and
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196 breaking them. And I only want to speak in terms of myself, okay, because it's
197 very easy for me to sit back here and armchair quarterback, everyone else I see
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201 around the world and on social media and non forms and odd stuff. I've done that
202 before. And I kind of like want to divert away from that. While it was fun to be
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206 in Italy at the time. I don't want to do that again. Okay, so I'm just gonna
207 keep the focus on me. So that way you guys can hear what I had to go through
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211 what I did, and how to compensate for those things. And I'll kind of give you an
212 idea what you can do with it in the marketplace that we leave today with
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216 something useful, not just rhetoric. So number one, he had to have expectations
217 in line with reality, you're not going to be you know, George Soros and own
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221 whole currency markets in Canaan, subjugate the world. He has a master
222 puppeteer, you pull pulling strings, causing all kinds of ruckus around the
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226 world now, because he's so loaded. And you're not going to be Warren Buffett
227 here. So you have to be just you. And you don't know what the trade is going to
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231 be, that resides in you. But you have to give that trader he or she, the room to
232 grow. So number one, the first habit you need to break is rushing. And I've
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236 taught this and nauseum that ever since I began online talking about trading.
237 The first one you have to conquer is the impatience. That's it. That's the
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241 biggest, biggest, biggest, bad habit, every trader has impatience. And patients
242 have a setup and patience of getting in your trade waiting for that pattern you
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246 look for, okay, that that is the biggest barrier to being consistent. and
247 patience is the hardest thing to develop. Because you can't develop discipline,
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251 until your patience is honed first. So it's the biggest barrier. It's not a
252 brick wall, it's an iron wall, okay. And you literally have to find a way around
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256 it cuz you're not breaking through it, you got to go around it at means that
257 journey you thought was going to be short, from A to B is now been extended
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261 because you don't know how long your personal experience is going to take you to
262 the left or the right around that iron wall of impatience. It's not going to be
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266 where you're at we first started and then you to next stage of independence or
267 financially independent doesn't work like that. It feels like that when you
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271 watch people online teaching or talking about what they're going to do or if
272 they have a service or you they have a mentorship you know, you like myself,
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276 everyone thinks that the mentorship is going to be easy. These plug in, in this
277 information and they get instant wealth and it doesn't work like that. It's a
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281 lot more work than the praetorians work. And believe me if they were talking
282 about what what they learned, they would know they would tell you rather, it's a
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286 lot more work. So the the other side of it is yes, you have the impatience
287 factor you have to overcome, but then you have to have work ethic. And you can't
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291 be lazy, you cannot be lazy because the markets do not reward laziness. Now, it
292 does reward stupidity. I am a poster child for that because in the beginning, I
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296 had no idea what I was doing. And I was gifted, okay, either by charity or you
297 know, the financial gods were playing, you know. I don't know it was just every
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301 all the things lined up when I first started, and I was on dying and I made
302 money doing that only but then suddenly the markets turned into a traders market
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306 and I couldn't make a penny everything I do is losing. Which leads me to the
307 next bad habit. When you take a loss. You cannot take it personally. It's a cost
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311 of business. And if you are allowing even a demo account because I've talked to
312 so many people around The world, they have been very honest with me, and told me
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316 that even when they have
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320 a demo loss, it's debilitating. It totally fries their brain, it's like they
321 don't want to even enter that. And that's a big, big problem. That means you
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325 have a complex with being right or wrong, and possibly over leveraging, even in
326 a demo account, because everybody wants to see how much they could make, you
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330 know, maximizing the total amount of leverage that can use on a demo account.
331 But not understanding or respecting the level of financial risks that you're
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335 incurring. If you were doing that with live funds, no one would be doing that
336 with the funds in their right mind. Now people do it. But I said, in my right
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340 mind, they wouldn't do it. So they're either blinded by unrealistic
341 expectations, or they're impatient about leaving the rat race. And believe me, I
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345 know that feeling, I wanted to get out of the job I was doing nine DS was
346 killing me, I wanted to get out of it. So yes, the financial markets can bring
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350 those things to fruition, you can leave your job and replace it with this job,
351 because it's not what everyone thinks it is. Okay, it's not, well, I'm gonna sit
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355 home and relax, I'm gonna kick back and not worry about anything. No, you're
356 worrying all the time, you may not have that same degree of worry and anxiety
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360 that every other trader has, that's even making money. But you still have
361 replaced what you're doing at a nine to five, with a job. And the perspective is
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365 as you're leaving a nine to five schedule, but it's defined, you know, when you
366 have to be at work, and you know, when you have to leave work. So you have
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370 limitations and parameters, you know, your off days, you know, your times of
371 service where you have to be there and give your time for money. Trading isn't
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375 like that. You don't have a schedule, you don't know if the one that session is
376 going to give you a trade. You don't know if the New York session gonna give you
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380 a trade. So the idea or perspective of going into this business thinking, well,
381 I want the traders lifestyle, most of you if you understood what it was, would
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385 not want the traitors lifestyle, because it's so uncertain, especially as a new
386 trader, because you don't even know what you're going to do. Once you start
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390 trading, you don't know what your reaction is going to be when you have five
391 winning trades in a row, I can tell you, it's probably going to do, you're going
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395 to overlap, but you're going to be in a rush to get that sixth trade name
396 checked out to the questions, but make sure you guys are engaging. Give me a
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400 one, if you have had a series of winning trades, and let's say five winning
401 trades, and you feel rushed to get in there to do the next one. Because you've
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405 had five winning trades, you want to get and get that feeling again, because
406 you're addicted to that high. Say I'm if everyone's giving me a one. And some of
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410 them are being commentating, you're declining even beyond number one, explain it
411 to me, that's me. So no one's no one's controlling you. The markets are just
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415 moving around. But in your mind, okay, you're creating all these if then
416 scenarios? Well, I should have held on to that trailer, but longer,
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420 let me buy it again. Or it's may not, it's been going on for a while, it's a
421 nice move. I don't want to buy here. So now I have to short it because I got to
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425 get back in again, because I could make more money. And the worst thing you can
426 do is fall into that trap. You have to have very low objectives in the
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430 beginning. Because if you don't do that, number one, you're going to chase
431 profits. And that's how they get you. Everyone knows what it feels like to get
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435 the thing right, where they made the right move they bought or they sold and it
436 moved in their favor. It's even worse, okay, if you're new, and you don't know
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440 what you're doing, and it didn't even have any draw down. Because all of a
441 sudden, now you figured it out, you know that you're now in Oracle, you want to
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445 go out and start a Twitter account, you want to go on Facebook, Instagram, now
446 you know what's going on. And chances are, you might have a string of losses,
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450 okay, that come, but you're not going to pay attention to them, where that's
451 where your learning is going to occur. The losses of what teach you. And the
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455 other half I want to talk about is how I focused initially on what I was doing
456 right? When I was making money when I had their trade ideas, right. Even when I
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460 was paper trading as a commodity trader, I first started when I would be right,
461 I focused on why I was right. And every time I was wrong, I ignored it because I
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465 didn't want to see it. I didn't want to talk about it. I want to pretend it
466 didn't even happen. And that is a death trap. You cannot have that mindset as a
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470 trader. You got to go into this thinking, alright, now if I have adversity, and
471 I get knocked out of a trade or trade doesn't pan out. That's my opportunity.
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475 That's that big neon sign. Is there one Look, everyone looks at the marketplace
476 in the charts for the neon sign to pop off for entries. But the real traders
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480 mindset is if they have a loss if they incur adversity or the idea doesn't pan
481 out or come to fruition That in itself is the part where you have to dig in
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485 deeper and find out what you didn't see, or what you misinterpreted. And the
486 problem with that is you have to overcome. Number one, the initial shock and all
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490 of understanding that you're human. Okay? Everyone thinks that I have spark
491 shooting out my ass, and I wear a cape every day. And I'm bulletproof. And I can
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495 leap tall buildings in a single bound. Book 800 people saw if I sit down every
496 single trading day, I cannot be right, every single trading day, I said that in
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499 00:15:30,630 ~-~-> 00:15:40,470
500 the beginning, you can't be that person, no one's going to be that person. But
501 there is a framework that you can arrive at, that allows you to see setups that
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505 number one fits your trade, psyche, your personality, and the time that you can
506 be available for the marketplace. Not everyone can be a swing trader, not
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510 everyone can be a short term trader or a day trader, it has to fit the way you
511 and you live your life, are you a quick decision maker, you fly off the handle
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515 real quick, you get happy you swing back and forth real quick. That's a scalper
516 or day traders mindset, you would do very well with that. If you're real lazy,
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520 and you felt lethargic and just can't come up with an idea right away. Yeah,
521 your position trader, because chances are, you're not going to be swayed back
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525 and forth. Once you get a decision, once you arrive at an opinion about what you
526 think the market is going to do. Chances are, you're gonna be so lazy about
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528 107
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530 changing your opinion, you're just gonna stick with that. And that's a perfect
531 role for someone that doesn't have a lot of ambition. And believe me, there's a
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533 108
534 00:16:26,070 ~-~-> 00:16:34,830
535 lot of people that make tons of money, being lazy as a long term trader, but
536 they has to have a model that matches that because some people just can't get
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540 it, you can't get together, they can't get motivated, they don't want to do a
541 lot of work. And there's ways to do that. But it's very passive investing and
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545 you're not very active, doesn't mean you can't be profitable, it just means that
546 you have to wait a long time to see the returns. So it is given take there. But
547
548 111
549 00:16:52,890 ~-~-> 00:17:00,780
550 if you're seeing profitable trades, you want to spend far less time worrying
551 about them, because you can't make any more money than you've already made on
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555 it. But you can take away lessons and experience from the losses. And the worst
556 thing you need to do is push them to the side and say to yourself, okay, I took
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560 a loss that's part of the business, I know that it's cliche, and I'm just gonna
561 go to my next trade, huh, no, not what not as a new trader, eventually when
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565 you're mature, and you know that that is in fact what goes on, you take a loss,
566 and that's part of it. If you're new and when I say new, three years or less,
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568 115
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570 okay, to me, you're a neophyte still, you just don't know everything you need to
571 know about yourself. Personally, you don't know what the markets have done. You
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573 116
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575 don't have you don't have a track record enough to warrant saying that you're
576 anything but a neophyte, I mean, three years is to me that the minimum
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578 117
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580 threshold, then you're experienced, that's all it doesn't mean that you've
581 mature, it just means you have some experience. Some of these folks, they get
582
583 118
584 00:17:51,120 ~-~-> 00:17:58,350
585 out here, you need to go into a demo account in six weeks, because they've done
586 something and a profit and demo account,
587
588 119
589 00:17:58,350 ~-~-> 00:18:07,590
590 they suddenly want to start their own advisory services, you know, I'm talking
591 about long short is if you have losses, that's where you have to roll your
592
593 120
594 00:18:07,590 ~-~-> 00:18:17,220
595 sleeves up and dig in and see where you got it wrong, or what you're missing.
596 And one of the biggest things I personally did was ignore all the losing trades
597
598 121
599 00:18:17,220 ~-~-> 00:18:25,080
600 I had as a beginning commodity trader, I didn't understand what it was actually
601 teaching me was shorting but I was afraid of shorting. I didn't understand the
602
603 122
604 00:18:25,080 ~-~-> 00:18:33,930
605 concept. How can you sell something you know, own? long and short of it is, once
606 I had my ass kicked enough times, I had to, I had to force myself, okay, look,
607
608 123
609 00:18:34,230 ~-~-> 00:18:41,880
610 I'm now definitely afraid of taking a trade. I was at one point in time afraid
611 to take a trade. In the beginning, I wasn't afraid of anything. Now today, I
612
613 124
614 00:18:41,880 ~-~-> 00:18:51,270
615 still not afraid to do anything I can get in no problem. The problem and I'll
616 talk about taking profits as a bad habit later on. But I had a moment in my
617
618 125
619 00:18:51,270 ~-~-> 00:19:02,220
620 career when I was beginning and coming up. Where, because I was taking losses, I
621 got traders paralysis, where I could see something that would be there. But as
622
623 126
624 00:19:02,220 ~-~-> 00:19:09,990
625 soon as I got the idea that I thought it was going to trade higher, because I
626 was only a buyer. I was a bull market trader and I first started I couldn't take
627
628 127
629 00:19:09,990 ~-~-> 00:19:22,380
630 the trade because I was afraid of the loss. Because I was losing lots of money,
631 lots of money, tons of money. And some of it was annual salaries, typical
632
633 128
634 00:19:22,410 ~-~-> 00:19:31,800
635 American annual salary and a trade. That's how bad it was, because I was
636 hemorrhaging money. I didn't want to endorse any of that anymore. Or even in you
637
638 129
639 00:19:31,800 ~-~-> 00:19:38,910
640 know, indoor the uncertainty of just being in the trade because you know, that
641 feels like a demo. We'll see what works off the bat. If it's profitable, I look
642
643 130
644 00:19:38,910 ~-~-> 00:19:44,850
645 great. I feel good. If it's wrong, I just ignore it. It didn't happen. It didn't
646 take any money from me and you know exactly what that feels like as well. That
647
648 131
649 00:19:44,850 ~-~-> 00:19:52,830
650 does not happen when you trade with live funds change you put the money at work
651 where they are less if it's a micro account or meaning or a standard lot
652
653 132
654 00:19:52,890 ~-~-> 00:20:04,530
655 account. You need to put that trade on something physiologically changes in your
656 brain because now your acids almost You have a real loss, it's going to take
657
658 133
659 00:20:04,530 ~-~-> 00:20:12,780
660 money from you. If it puts money in your account, that's great. But suddenly
661 everything changes. It's a paradigm shift where as a demonstrator, you're
662
663 134
664 00:20:12,780 ~-~-> 00:20:19,440
665 thinking, how much money can I make, and I don't care what it's going to take in
666 terms of a loss, because I don't feel it. When you put a trade on with live
667
668 135
669 00:20:19,440 ~-~-> 00:20:30,030
670 funds, it reverses. Now you're thinking, holy shit, how much money am I going to
671 lose on this trade, I'm afraid constantly, and you're not worrying about what
672
673 136
674 00:20:30,030 ~-~-> 00:20:37,500
675 you can make. That's where you should be focusing on where's the market going.
676 That's the part you need to be studying, not worrying about the fear of losing,
677
678 137
679 00:20:37,830 ~-~-> 00:20:46,260
680 your stop loss is going to take care of it. If you put a stop loss in, that's
681 its job, let it do what you're paying good money to do it. So let it do its job,
682
683 138
684 00:20:46,590 ~-~-> 00:20:54,840
685 you need to be focusing on where is the market going. That's your job as a
686 trader managing that the risk is defined once you put your stop loss in unless
687
688 139
689 00:20:54,840 ~-~-> 00:21:07,860
690 it gets through. And there's conditions like that, that occur. That's the risk
691 every one of us take, but you have to know what it is. Anyway, the the have to
692
693 140
694 00:21:07,860 ~-~-> 00:21:15,930
695 get to know what the objective is for your for your trading plan, or your
696 objective and your trade idea. And focus on that when you're in live funds. But
697
698 141
699 00:21:15,930 ~-~-> 00:21:26,430
700 the problem is, and give me a one if this is happening for you. If you're now in
701 the funds, you're thinking only about the fear of getting stopped out, and how
702
703 142
704 00:21:26,430 ~-~-> 00:21:34,740
705 much that's going to hurt your account versus when you got in the trade. Is it
706 still going to your objective and managing that? Again, everybody? One on One
707
708 143
709 00:21:34,740 ~-~-> 00:21:44,250
710 mice all flying right now. So the long and short of it is that's a normal thing.
711 But did you know the reason why that occurs is number one, your chances are
712
713 144
714 00:21:44,250 ~-~-> 00:21:55,620
715 you're using too much risk, you have way too much leverage. And your stop loss
716 is probably too tight. Excuse me. So many times, I sat down with individuals
717
718 145
719 00:21:55,620 ~-~-> 00:22:04,590
720 because they watch people on Facebook, or they have Twitter accounts. And people
721 they'll put a trade up. Okay, they'll put a trade on and share it online. And
722
723 146
724 00:22:04,680 ~-~-> 00:22:08,940
725 initially, they probably didn't have a stop loss on it all but they waited to
726 the trade got into their
727
728 147
729 00:22:10,200 ~-~-> 00:22:19,440
730 in their direction. And then they put a stop loss in making it seem as if they
731 had a four PIP stop loss. Come on. I'm just gonna, I'm gonna call it bullshit
732
733 148
734 00:22:19,440 ~-~-> 00:22:28,800
735 right there. That's, it's bogus. Okay, no one's trading consistently with five
736 PIP stop losses. It's not happening. Believe me, it's not happening. Because
737
738 149
739 00:22:28,860 ~-~-> 00:22:37,470
740 they can do that in a demo. But when you put it in a Live account, five pips as
741 a standard spread variance that they can do, it's legal, they can spread that
742
743 150
744 00:22:37,470 ~-~-> 00:22:44,970
745 open and grab your order. And believe me that that's exactly what would happen.
746 If you had that order in a Live account. They're not trading with these sub 10
747
748 151
749 00:22:44,970 ~-~-> 00:22:53,880
750 PIP stop losses. It's not happening, not consistently, not now. It can I sit
751 here and say, I've done that I've done it. Yes, but not enough to make the case
752
753 152
754 00:22:53,880 ~-~-> 00:23:06,120
755 that I believe that no more than eight warrants superiority because it doesn't.
756 These markets are so engineered to screw you. You're asking for it when you have
757
758 153
759 00:23:06,120 ~-~-> 00:23:17,460
760 that. My stop losses generally, are 20 pips to 30 pips that's about it. And I
761 want to know that I have enough room, number one to allow myself to be human.
762
763 154
764 00:23:17,820 ~-~-> 00:23:28,860
765 Okay. And this is the next habit you need to overcome, avoid this notion that
766 you have to have the absolute best entry and the absolute best exit, because
767
768 155
769 00:23:28,860 ~-~-> 00:23:38,010
770 you're never going to get that it's never going to happen for you. The markets
771 are so diverse, and rich with volatility, especially the asset classes that were
772
773 156
774 00:23:38,370 ~-~-> 00:23:46,680
775 primarily dealing with today's forex, but it kind of bleeds across all of them.
776 It's not limited just to forex, but long and short it is you don't want to focus
777
778 157
779 00:23:46,680 ~-~-> 00:23:56,430
780 on or demand if you will, the absolute best, lowest low or highest high for your
781 entry, you just need to have a setup that gives you the criteria to make a
782
783 158
784 00:23:56,730 ~-~-> 00:24:06,150
785 profitable move between those two points. Now you have to be I would be able to
786 identify them. Okay, what's the what's an ideal entry point, okay. And chances
787
788 159
789 00:24:06,150 ~-~-> 00:24:14,280
790 are, you might get that once in a while or get very close to it. But you don't
791 need that price lock. You don't need it, you need to have the ability to
792
793 160
794 00:24:14,280 ~-~-> 00:24:22,020
795 determine or decipher where price is right now. And within a reasonable amount
796 of time, whatever fits your traders perspective. And that may be different for
797
798 161
799 00:24:22,020 ~-~-> 00:24:31,590
800 all of us. It may be 10 minutes for a scalper it may be a trading session or a
801 day for day traders. Or for short term trader it could be a couple days, you
802
803 162
804 00:24:31,590 ~-~-> 00:24:39,330
805 know in terms of how I trade one shot, one kill or as a swing trader where
806 you're trading for weeks up to a month. And then for a position trades where
807
808 163
809 00:24:39,330 ~-~-> 00:24:46,860
810 it's multi months in terms of duration, but you're in a trade. But you have to
811 be able to frame that idea where you believe that prices right now if it's
812
813 164
814 00:24:46,860 ~-~-> 00:24:54,780
815 undervalued or overvalued, or oversold, how you want to call it if you believe
816 it's going to go higher, how far How far away are we right now in terms of
817
818 165
819 00:24:54,780 ~-~-> 00:25:06,030
820 price, and where you believe price will be at a later time. Number one, you have
821 to define the length of time that fits your trader mindset. And that I can't
822
823 166
824 00:25:06,030 ~-~-> 00:25:12,990
825 give you that answer that has to be done by yourself, no one can give that
826 answer to you. And that's why I think that, for the most part, when people try
827
828 167
829 00:25:12,990 ~-~-> 00:25:25,500
830 to give trading signals or trading models or plans, they're plagued to fail,
831 because you're trying to get a wooden square peg to go into a triangle hole, and
832
833 168
834 00:25:25,500 ~-~-> 00:25:32,910
835 it isn't going to, it ain't gonna work, okay, and it'll be frustrating for that
836 person to constantly try to make that, that adjustment, and it's not going to
837
838 169
839 00:25:32,910 ~-~-> 00:25:44,070
840 happen happen for most The problem is, is sometimes you can find the person that
841 can make that adjustment, or it fits them perfectly. And marketers and people
842
843 170
844 00:25:44,070 ~-~-> 00:25:53,400
845 that sell things, they will focus on that that's their trick pony, don't go out
846 and parade them around. And that's why you have only one student or two students
847
848 171
849 00:25:53,400 ~-~-> 00:26:02,790
850 at most, and no one ever comes up to that level of understanding or attitude.
851 Because it's too hard to form fit this stuff. This, this is such a hard thing to
852
853 172
854 00:26:02,790 ~-~-> 00:26:10,860
855 do. Even though it's so easy, it's either going to go up, or it's gonna go down,
856 or it's gonna go nowhere. And you get to decide what you're doing. Why so many
857
858 173
859 00:26:10,860 ~-~-> 00:26:22,500
860 people failing, because of the thing that resides between your ears, that little
861 seven pound universe, okay gets in the way. It's so wonderfully designed to be
862
863 174
864 00:26:22,500 ~-~-> 00:26:30,510
865 able to crunch numbers, it's it's processing power, the brain is what I'm
866 talking about, for those that aren't really paying attention. That organ in our
867
868 175
869 00:26:30,510 ~-~-> 00:26:43,200
870 body is such a wonderful resource, but it's also our biggest adversary. Because
871 we have said it all the wrong things toxic thinking. When you're in a demo
872
873 176
874 00:26:43,200 ~-~-> 00:26:53,820
875 account, you're focusing on the stimuli that makes you feel smart. You want to
876 do the rewarding scenario, the routine where I buy, it goes up, I was right.
877
878 177
879 00:26:53,850 ~-~-> 00:27:03,720
880 This is how much money I want an eight. Pay your car payment with that? You can.
881 But that's reality. So why aren't you thinking that way? And we have a demo
882
883 178
884 00:27:03,720 ~-~-> 00:27:08,010
885 loss. When you have a loss in your demo. You're you should be thinking shit
886
887 179
888 00:27:08,040 ~-~-> 00:27:16,410
889 that David took that much money from me. And then now what are you thinking? If
890 that was real money coming in your account? You're thinking, Okay, I gotta get
891
892 180
893 00:27:16,410 ~-~-> 00:27:26,100
894 that back right away, right? Wrong. That's not what traders do. Traders first
895 perspective, as soon as they have a loss, regardless of the size of the loss,
896
897 181
898 00:27:26,340 ~-~-> 00:27:35,160
899 what is a consistently profitable traders mindset and merely going to at the
900 time of a loss once the stop loss has happened? What is a mature traders
901
902 182
903 00:27:35,160 ~-~-> 00:27:36,810
904 mindset? What do you think they're thinking immediately?
905
906 183
907 00:27:49,470 ~-~-> 00:28:02,970
908 Got to get it back, I need to get into the next trade. One, one person saying
909 Why did I lose? I'm not seeing what you should be thinking yet, though. Number
910
911 184
912 00:28:02,970 ~-~-> 00:28:17,070
913 one, my number one rule is if you had a loss, you got to stop, do not rush back
914 in to take another trade. Don't ever take a loss and feel like you have to go
915
916 185
917 00:28:17,070 ~-~-> 00:28:28,890
918 back in and get it right away. That is a huge mistake. You cannot, you cannot
919 get your money back right away every time. Even though you think you got time in
920
921 186
922 00:28:28,890 ~-~-> 00:28:38,130
923 the day, the markets maybe move around maybe volatile. Okay? It doesn't equate
924 to opportunity for you to get your money back. You may have to wait a day or
925
926 187
927 00:28:38,130 ~-~-> 00:28:46,350
928 two. And there's nothing wrong with that. That's normal. The problem is, is if
929 you're new to this, and you've just started trading prematurely in live funds,
930
931 188
932 00:28:47,520 ~-~-> 00:28:56,400
933 the human tendency is I want to get my money back right now. Because immediately
934 what you're thinking is, I shouldn't have never done this, I should have never
935
936 189
937 00:28:56,400 ~-~-> 00:29:04,230
938 traded with live funds, I want to get my money back, I want to close my account.
939 And this could probably happen with this a $200 loss. I mean, it's such a minor
940
941 190
942 00:29:04,260 ~-~-> 00:29:12,090
943 amount of money, but you're all thinking it, believe me, the first loss you're
944 taking with life funds is regret. I want to get my money back I want to I want
945
946 191
947 00:29:12,090 ~-~-> 00:29:19,050
948 to at least get back to the point where if I want to close my account, I didn't
949 lose anything. I I don't want to do this again. Everyone feels that their first
950
951 192
952 00:29:19,080 ~-~-> 00:29:26,940
953 Live account loss. That's what you're feeling, you will probably admit to it.
954 But that's exactly what you're thinking. So you have to have that mindset as a
955
956 193
957 00:29:26,940 ~-~-> 00:29:37,590
958 mature trader because that string of losses that blows your account all starts
959 with that one first losing trade and how you react and respond to that loss.
960
961 194
962 00:29:38,370 ~-~-> 00:29:49,710
963 Everyone goes into a tailspin at some time and loses Do you never gonna get it
964 right? But if you take the initiative to say I've taken a loss I cannot lose any
965
966 195
967 00:29:49,710 ~-~-> 00:29:57,480
968 more money I'm already have the money. I'm already having the account. I'm
969 sorry, the trade my accounts at static. It's not moving now. The markets moving
970
971 196
972 00:29:57,480 ~-~-> 00:30:06,540
973 around but my equity is not moving I'm not in a hurry to get that money back. I
974 want to take a breath, take a step back away from the marketplace and say, Okay,
975
976 197
977 00:30:07,350 ~-~-> 00:30:18,090
978 what did I do wrong? Is the trade still viable? If it is paper trade that do not
979 go back in with lifelines, and this is for people that have less than three
980
981 198
982 00:30:18,090 ~-~-> 00:30:27,960
983 years experience. Because chances are, you're going to see that you're going to
984 be very emotional about getting in to get your money back. And emotions aren't
985
986 199
987 00:30:27,960 ~-~-> 00:30:41,100
988 always clarity in terms of analysis. Either you're irrationally excited, or
989 you're fearful. There's two things as a new trader, and chances are, it's the
990
991 200
992 00:30:41,100 ~-~-> 00:30:47,310
993 first not the latter, you're not worried about losing money as a new trader,
994 you're worried about how much money you're gonna make. And that's not what you
995
996 201
997 00:30:47,310 ~-~-> 00:30:56,940
998 should be doing, how much money can you lose, because everyone goes out the same
999 way lost it. Very rarely does anybody retire wealthy, they go in with the
1000
1001 202
1002 00:30:56,940 ~-~-> 00:31:05,640
1003 expansion, expectation of having that as the outcome, but everyone leaves this
1004 game the same way with less than they started. Think about it. So you know that
1005
1006 203
1007 00:31:05,640 ~-~-> 00:31:14,280
1008 the the likelihood of the scenario when you get into this business, so if you
1009 cannot control yourself, believe me, the market will help you. Okay, it will
1010
1011 204
1012 00:31:14,280 ~-~-> 00:31:22,050
1013 help you lose your mind. Okay, if you came into a lack of control and
1014 discipline, it will help you do a better job of that. It'll give you perfect
1015
1016 205
1017 00:31:22,050 ~-~-> 00:31:30,060
1018 opportunities to do that. And yet little seven pound universe between your ears,
1019 your brain is going to also fill in those gaps when the marketplace isn't
1020
1021 206
1022 00:31:30,060 ~-~-> 00:31:37,710
1023 providing this little stimuli that he didn't because our RSI is doing Nasser get
1024 in because the moving averages crossed over there. What all these things happen?
1025
1026 207
1027 00:31:39,060 ~-~-> 00:31:48,240
1028 You're going to be looking at. Alright. Hang on here one second.
1029
1030 208
1031 00:31:55,950 ~-~-> 00:32:07,560
1032 Yeah, one more chance Bubba and he going. So the you cannot force yourself to
1033 get back in to get your money right away, won't happen can't happen. If you do,
1034
1035 209
1036 00:32:07,590 ~-~-> 00:32:16,320
1037 you're going to be bringing yourself to a level of novice and you're gonna stay
1038 in reside in that thought process the rest of your trading career which may be
1039
1040 210
1041 00:32:16,320 ~-~-> 00:32:29,490
1042 very short lived. If you relax and go at bat, taking the loss and saying okay, I
1043 took a loss, I can't go past this anymore in terms of losing money, it's already
1044
1045 211
1046 00:32:29,490 ~-~-> 00:32:39,480
1047 taken the money out of my account. What should I do now? That bad habit is going
1048 back and trying to get it right away. You can't do that. The best way and the
1049
1050 212
1051 00:32:39,480 ~-~-> 00:32:47,400
1052 mature way is okay, I've taken a loss. I'm not going to do any more today, I'm
1053 going to sit back and if I still think the trades Bible, I'm going to in my mind
1054
1055 213
1056 00:32:47,430 ~-~-> 00:32:56,220
1057 paper trade Say hi, had I done it, what's going to happen is you're going to
1058 teach yourself. Number one, if it was another losing trade, it doesn't pan out
1059
1060 214
1061 00:32:56,220 ~-~-> 00:33:04,920
1062 as you thought you didn't incur any more live money loss or demo loss. But it's
1063 going to teach you an opportunity to go in and dig in what is it you're saying
1064
1065 215
1066 00:33:05,250 ~-~-> 00:33:14,610
1067 is there's a lot of times we feed into these ideas of what you think the markets
1068 going to do. Okay, we think the markets gonna go higher, you'll come up with all
1069
1070 216
1071 00:33:14,610 ~-~-> 00:33:23,100
1072 these excuses as to why you believe it's going to be there. You'll paint the
1073 picture, you'll give yourself all the evidences in your mind, why it's there,
1074
1075 217
1076 00:33:23,130 ~-~-> 00:33:33,060
1077 and you sell the idea to yourself, which is the reason why I think the other bad
1078 habit is spending too much time in the charts. Either your setup that you didn't
1079
1080 218
1081 00:33:33,060 ~-~-> 00:33:43,560
1082 look for and you trust is either there or it's not sitting in front of charts
1083 all day long is not going to make that formation occur. So investing way too
1084
1085 219
1086 00:33:43,560 ~-~-> 00:33:52,260
1087 much time, way too much effort. Okay, in terms of looking at price action,
1088 unless you're studying just simple price action but looking for a setup, you
1089
1090 220
1091 00:33:52,260 ~-~-> 00:34:00,420
1092 don't want to spend a whole lot of time either there or it's not. It's it's
1093 black and white in terms of that. That's about the only absolution there isn't
1094
1095 221
1096 00:34:00,450 ~-~-> 00:34:06,060
1097 in trading stuff for losing money, you're going to absolutely mine guaranteed
1098 it's going to happen. It happens to everyone you can't escape, it's like death.
1099
1100 222
1101 00:34:06,510 ~-~-> 00:34:16,470
1102 But if you know what your setup is, you don't spend that much time looking at
1103 it. You know what you're looking for? Okay, so that's the other I'm gonna close
1104
1105 223
1106 00:34:16,470 ~-~-> 00:34:25,380
1107 it with this bad habit is not having an idea what it is you want to operate on.
1108 Like what is the trading pattern that you look for? Now, when I first came out
1109
1110 224
1111 00:34:25,410 ~-~-> 00:34:37,260
1112 with baby pips, the first thing I taught was optimal trade entry. And there's no
1113 mystery there. There's no new alchemy, nothing new. It's a standard 62 to 79
1114
1115 225
1116 00:34:37,320 ~-~-> 00:34:48,450
1117 retracement level. That typically happens in more retracements That's all it is.
1118 And it in terms of a bias. Okay, looking at things like the move here, up and
1119
1120 226
1121 00:34:48,450 ~-~-> 00:34:59,100
1122 then back. This move here is what you have to internalize in terms of price
1123 action. This is what it looks like conceptually. The market rallies away. Right
1124
1125 227
1126 00:34:59,100 ~-~-> 00:35:10,140
1127 about here. Excuse me, right about in here. This is where all the traders on
1128 social media and on forums, they will say, Okay, I'm buying, I think that the
1129
1130 228
1131 00:35:10,170 ~-~-> 00:35:17,670
1132 cable, which is what we're going to show here, British Pound versus US dollar,
1133 right about here, that's where the retail minded traders are going to be looking
1134
1135 229
1136 00:35:17,670 ~-~-> 00:35:27,450
1137 to buy. Because why would they look at currency? in their mind, they see this as
1138 confirmation. So that means that it's confirmed that it's going up, well, yes,
1139
1140 230
1141 00:35:27,450 ~-~-> 00:35:30,330
1142 it's already gone up. So retail they'll buy in here.
1143
1144 231
1145 00:35:31,590 ~-~-> 00:35:40,470
1146 And without a doubt, and you've all experienced this, you buy it. And it
1147 retraces deeper, chances are well beyond what your stop losses would have been
1148
1149 232
1150 00:35:40,470 ~-~-> 00:35:49,260
1151 had you used them or to your stop loss. Okay, because you've used something down
1152 in here. Or maybe you use the 50% retracement level, because you want some guy
1153
1154 233
1155 00:35:49,260 ~-~-> 00:35:58,560
1156 on the forum say everything should be below the 50% level in stop losses. And it
1157 goes down to 62 to 79 cent treatment, and then does something to the effect of
1158
1159 234
1160 00:35:58,560 ~-~-> 00:36:07,320
1161 creating another short term low and then rallies. So if you can't see your
1162 pattern, or even identify and define it, that's a that's a problem. That's a
1163
1164 235
1165 00:36:07,320 ~-~-> 00:36:14,550
1166 habit because what you're doing is you're reacting to price, you're doing what
1167 everyone else is doing. They're watching it go up after it's gone up a certain
1168
1169 236
1170 00:36:14,550 ~-~-> 00:36:24,990
1171 number of pips, and it could be completely wide, very variety of terms of range
1172 of what everyone would love to see in terms of providing, quote, unquote,
1173
1174 237
1175 00:36:24,990 ~-~-> 00:36:35,010
1176 confirmation. You don't need confirmation, if you're going to be consistently
1177 trading profitably, you need to have a setup and you trading in the opposite
1178
1179 238
1180 00:36:35,010 ~-~-> 00:36:42,420
1181 direction you intend to profit. In other words, if you're looking to go long,
1182 you have to be buying when prices dropping. If you don't learn to do that, in
1183
1184 239
1185 00:36:42,420 ~-~-> 00:36:51,420
1186 forex, you're going to sit through a lot of drawdown, you're going to be very
1187 hard pressed to have to endure before your dealer spread is covered. And you're
1188
1189 240
1190 00:36:51,420 ~-~-> 00:36:58,650
1191 going to get stopped out a lot. So you want to be anticipating this type of
1192 move. So obviously you have to come up with a framework that provides
1193
1194 241
1195 00:36:58,650 ~-~-> 00:37:06,060
1196 bullishness, for some of you, you might like trend lines, okay, you might have a
1197 trend line that you see on a monthly and a weekly chart. And you think that it's
1198
1199 242
1200 00:37:06,060 ~-~-> 00:37:12,540
1201 bullish? Okay, I'm not gonna argue and say that he can't make money with it. I
1202 just don't personally believe in them. But if that's what you believe, you know,
1203
1204 243
1205 00:37:12,540 ~-~-> 00:37:22,080
1206 that's your bias that leads you to believe you're bullish on cable coin, great.
1207 What you would look for is you want to see this willingness to go up, okay, I
1208
1209 244
1210 00:37:22,080 ~-~-> 00:37:30,150
1211 taught this in the snipers series and precision trading concepts. They're free
1212 tutorial stuff. I'm not teaching you anything in terms of the mentorship stuff
1213
1214 245
1215 00:37:30,150 ~-~-> 00:37:40,080
1216 here. But the general premise is, is you want to see this displacement in the
1217 marketplace where there's an underlying willingness to go higher. And we see
1218
1219 246
1220 00:37:40,080 ~-~-> 00:37:48,540
1221 that in price. So when price rallies and this could be on all timeframes, it's
1222 not limited to any one particular timeframe. But when price rallies, you want to
1223
1224 247
1225 00:37:48,540 ~-~-> 00:37:57,330
1226 wait for that retracement back and identify, you know what those levels are
1227 going to be based on running a fib from the low up to the high because you're
1228
1229 248
1230 00:37:57,330 ~-~-> 00:38:09,240
1231 bullish. So when you have that, you'll get this Fibonacci layer on top of your
1232 price swing, and right in here in this little area. This is what you'd look for
1233
1234 249
1235 00:38:09,240 ~-~-> 00:38:20,760
1236 for your setup. So the habit you want to overcome is staring at the charts
1237 blindly not knowing what it is that you should be looking for. Right in here is
1238
1239 250
1240 00:38:20,760 ~-~-> 00:38:27,210
1241 the setup. You can see how price will you can see that now the candles here so
1242 I'm gonna change the color the background with the candles, you can see exactly
1243
1244 251
1245 00:38:27,210 ~-~-> 00:38:38,190
1246 what happened. But this is a sweet spot. There's no magic in that level. It's
1247 simply the 70.5 level on the Fibonacci seven 0.5. Okay, and that level, is what
1248
1249 252
1250 00:38:38,190 ~-~-> 00:38:49,200
1251 I've taught on baby pips from 2010. On until I finally left there. This was the
1252 level I like to see price trade to just for completeness sake. And because I'm
1253
1254 253
1255 00:38:49,200 ~-~-> 00:38:58,980
1256 sure everyone's wanting to know, do I buy on retracements at the 70.5 or 260 2%
1257 tradesmen level with a 79% tracing level, like I taught on baby pips, I try to
1258
1259 254
1260 00:38:58,980 ~-~-> 00:39:08,670
1261 get my entry at 262. I don't know if it's going to go down to the 70.5 or 79. I
1262 don't know that no one knows that. So because I trade with a higher timeframe
1263
1264 255
1265 00:39:08,670 ~-~-> 00:39:16,560
1266 model in mind, I'm already allowing myself to have some measure of drawdown from
1267 my entry. I'm comfortable with that, because it's expected it's built into my
1268
1269 256
1270 00:39:16,560 ~-~-> 00:39:26,880
1271 model. So I don't freak out when I buy to 62. And it goes down to 70.5 or 79.
1272 Because I've allowed the trading and the the gearing on that trade to permit
1273
1274 257
1275 00:39:26,880 ~-~-> 00:39:34,890
1276 that in terms of the risk, it's not going to hurt my account that much, even if
1277 it trades beyond that and stops me. The next point is is this is where you would
1278
1279 258
1280 00:39:34,890 ~-~-> 00:39:42,390
1281 look for your entry. Okay, that part's done. That's the easy part. It doesn't
1282 feel like it's the easy part. Everyone else is struggling with that. I want to
1283
1284 259
1285 00:39:42,390 ~-~-> 00:39:50,730
1286 tell you now what the hard part is where to get out. You have to know where
1287 you're getting out at. This is what gives you your risk reward models if you
1288
1289 260
1290 00:39:50,730 ~-~-> 00:40:02,160
1291 believe in that myth. Okay. If we know that this is the retracement level and
1292 this is where we're trying to buy at okay if this is our entry How much are we
1293
1294 261
1295 00:40:02,160 ~-~-> 00:40:11,820
1296 willing to hold to trade for? Now notice what I said there. I did not say, how
1297 much are you are is your risk reward going to be? Because that's speaking in
1298
1299 262
1300 00:40:11,820 ~-~-> 00:40:18,960
1301 absolutions. And everyone knows what it's like when you get into trade. The
1302 market may do something once it gets up to here. Okay, it may give signs and
1303
1304 263
1305 00:40:18,960 ~-~-> 00:40:25,440
1306 evidence is that it doesn't want to go beyond this high here. So is the risk
1307 reward model still the same? Hell no.
1308
1309 264
1310 00:40:25,680 ~-~-> 00:40:34,590
1311 It's gone out the window. Because now you have wrestled and now are wrestling
1312 with emotions, psychology, I have profits. Now. Do I want to hold on to the full
1313
1314 265
1315 00:40:34,590 ~-~-> 00:40:45,300
1316 position? No, forget about it. Real traders learn to scale out and they do no
1317 work, let's say this way. Real consistently profitable, traders learn to scale
1318
1319 266
1320 00:40:45,300 ~-~-> 00:40:53,940
1321 out those individuals that teach on social media, that scaling is stupid,
1322 because your risk is the highest at the beginning. And you're taking smaller
1323
1324 267
1325 00:40:53,940 ~-~-> 00:41:01,770
1326 profits along the way. Forget what everyone else is saying. Because they just
1327 said what everyone else is not doing. Taking profits is what everyone can't do.
1328
1329 268
1330 00:41:02,460 ~-~-> 00:41:13,650
1331 The 90% plus club is not profiting. So those individuals are commenting on how
1332 people are doing it wrong taking profits, you are not taking anything negatively
1333
1334 269
1335 00:41:14,940 ~-~-> 00:41:21,810
1336 out of your trading. By taking profit you're in you're investing you're
1337 depositing where everyone else is getting withdrawals from their account you're
1338
1339 270
1340 00:41:21,810 ~-~-> 00:41:29,940
1341 depositing, you're here in this industry to make money. You're not in here to
1342 look good. You're not in here to be smarter than the next guy. You want to be
1343
1344 271
1345 00:41:29,940 ~-~-> 00:41:36,990
1346 profitable. You put this much money in the account. Your idea is you want to
1347 have more than you did when you first started. How much time is it going to take
1348
1349 272
1350 00:41:36,990 ~-~-> 00:41:45,930
1351 to get to that number you have as a goal? I don't know. You don't know. But you
1352 have to have at least an initial comfort level where you think reasonably the
1353
1354 273
1355 00:41:45,930 ~-~-> 00:41:54,120
1356 market may go how you do that? Well. This is the impulse price swing that I
1357 taught for displacement and sniper series. Then you wait for the retracement
1358
1359 274
1360 00:41:54,150 ~-~-> 00:42:01,890
1361 back down in the 60 to 70% retracement level in a bullish market environment.
1362 And again, I'll leave that to you that makes what makes the market bullish and I
1363
1364 275
1365 00:42:01,890 ~-~-> 00:42:11,070
1366 given you several different reasons why you can expect the market to go higher
1367 or lower in this lecture series and my free tutorial. So if we know that it's
1368
1369 276
1370 00:42:11,070 ~-~-> 00:42:19,680
1371 most likely going to go higher, where do we look to get out? Where's the target
1372 level or Where's several targets? Okay, so we can consider taking multiple
1373
1374 277
1375 00:42:19,830 ~-~-> 00:42:36,300
1376 scaling out profits to high down to the anticipated low. Here. That's the low on
1377 the price, I'm going to use the 70.5 level right there. So what I did was I drew
1378
1379 278
1380 00:42:36,300 ~-~-> 00:42:43,590
1381 the high down to the 70.5 level gradient here, this is going to be a target.
1382
1383 279
1384 00:42:49,560 ~-~-> 00:42:57,630
1385 Okay, and we always use to hide retraces from because it can just go right to
1386 that point. And that's a real good level to take some profits at. Here's another
1387
1388 280
1389 00:42:57,630 ~-~-> 00:43:06,420
1390 objective. And here's another objective. Okay, so now we have our entry. That's
1391 easy. That's the easy part. We know where it's most likely going to go. If it's
1392
1393 281
1394 00:43:06,420 ~-~-> 00:43:14,760
1395 bullish, it's going to go back and retest this high. And then we want to see if
1396 it has a willingness to go higher. That's this one. And here, and right about
1397
1398 282
1399 00:43:14,760 ~-~-> 00:43:23,520
1400 here, that's about as high as I would like to go. Okay, because this could be in
1401 remember, I taught this in my free stuff, that reflection pattern, where we have
1402
1403 283
1404 00:43:23,520 ~-~-> 00:43:31,710
1405 a high short term high and market trade through that to some degree and creates
1406 like a mirror version of optimal trade entry for ourself. By making a higher
1407
1408 284
1409 00:43:31,710 ~-~-> 00:43:40,560
1410 high becomes the turtle suit so it goes lower. I have that in mind. Every time
1411 the market trades to a new high or a new low. I'm thinking take some profits,
1412
1413 285
1414 00:43:40,920 ~-~-> 00:43:50,970
1415 the other traders making its breakout, it's going to continue not me. liquidity
1416 is resting above old highs and below lows. So their liquidity pools if we can
1417
1418 286
1419 00:43:50,970 ~-~-> 00:44:00,540
1420 now frame an entry cream targets here in here. Okay, I like to take something
1421 ahead of the high because I've seen many times my trading aid may not get back
1422
1423 287
1424 00:44:00,540 ~-~-> 00:44:10,800
1425 there, it could create a lower high here fail and go lower. So that's why in
1426 here, what I do is I take another fib draw from the high down to the entry, and
1427
1428 288
1429 00:44:10,800 ~-~-> 00:44:14,700
1430 where 70 lines of tradesmen level is here. And I'll show you what that looks
1431 like you didn't get this off
1432
1433 289
1434 00:44:21,360 ~-~-> 00:44:32,100
1435 the high retracement down to the entry. Point 71 70.5. rating here is 79
1436 centuries and I would like to take profit and scale right there. Why? Because I
1437
1438 290
1439 00:44:32,100 ~-~-> 00:44:43,470
1440 could be wrong. They could trade up to their fail and go lower and reverse. Now
1441 think about what this gave you. I gave you a way of still profiting when you're
1442
1443 291
1444 00:44:43,470 ~-~-> 00:44:52,440
1445 wrong. Because the idea in premises this high should break this is bullish. But
1446 there's nothing saying that's going to happen. That's not going to always
1447
1448 292
1449 00:44:52,440 ~-~-> 00:45:01,050
1450 happen. So here's your objectives. This is what you're left with. At least this
1451 is how I do it. You get down here how much of a range Do you have from first
1452
1453 293
1454 00:45:01,050 ~-~-> 00:45:09,000
1455 profit from here to here, because that's my first target. And everyone saw this
1456 happening. When I was doing my mentorship, if I had to trade that was panning
1457
1458 294
1459 00:45:09,000 ~-~-> 00:45:20,850
1460 out, I was taking profits ahead of where I thought the market was gonna go. Now,
1461 to a lesser, mature mindset, when they see this, they think, oh, he doesn't have
1462
1463 295
1464 00:45:20,850 ~-~-> 00:45:27,810
1465 the discipline to hold out for his trade idea. And that tells me a whole lot
1466 about that person that makes those comments because they aren't profitable.
1467
1468 296
1469 00:45:28,410 ~-~-> 00:45:37,440
1470 They're not because they're holding for all of it. They want every piece of the
1471 pie. And you cannot do this consistently, because their markets are going to
1472
1473 297
1474 00:45:37,440 ~-~-> 00:45:45,510
1475 move around. You don't know if they're going to drop a bomb in North Korea and
1476 cause the markets to have a ripple. So how can you with any degree of absolute
1477
1478 298
1479 00:45:45,510 ~-~-> 00:45:53,490
1480 certainty, know that the market just goes back to the old high, it just makes
1481 you think it's bullshit, something's gonna happen. So you have to build in
1482
1483 299
1484 00:45:53,490 ~-~-> 00:46:01,410
1485 models that allow you still be profitable, even if you're wrong. So the idea is
1486 I want to go back to this old high from my entry down here. If it gets back to
1487
1488 300
1489 00:46:01,410 ~-~-> 00:46:09,960
1490 this high here, that's a level where I can take profits. But it may not get
1491 there. But if it does, great, I'm gonna see if I can go to the next level, which
1492
1493 301
1494 00:46:09,960 ~-~-> 00:46:20,820
1495 is 127, extension, and then 162 extension, that's what these levels are. Okay.
1496 So now with this in mind, we can frame from this point here to my first target,
1497
1498 302
1499 00:46:20,820 ~-~-> 00:46:30,690
1500 how much could I reasonably expect to make? Is that enough in terms of pips, if
1501 it's like 10 pips, that's not a trade for me. If this is like 30 pips, or 40
1502
1503 303
1504 00:46:30,690 ~-~-> 00:46:41,160
1505 pips, then yes, that's a trade for me, my personal model my personal tastes,
1506 because it allows me to make enough money in terms of movement and magnitude of
1507
1508 304
1509 00:46:41,160 ~-~-> 00:46:50,400
1510 price move, and it gives me enough to profit, I can take half the position off
1511 here, okay, and take a portion at the high, take a portion off here, and a
1512
1513 305
1514 00:46:50,400 ~-~-> 00:46:59,310
1515 portion off here. And the moral victory of knowing it went to the ultimate high,
1516 that's what I get, I do not always get full entry for exit where I say it's
1517
1518 306
1519 00:46:59,310 ~-~-> 00:47:08,490
1520 going to go. That's not happening all the time. rarely, if ever, is it happening
1521 like that. I know, by looking at a trade like this, it gives me framework. So
1522
1523 307
1524 00:47:08,490 ~-~-> 00:47:16,050
1525 now if I have this in mind, I have my entry you want to get in it, I haven't
1526 done anything, this is the things I'm doing. And these are the things that you
1527
1528 308
1529 00:47:16,050 ~-~-> 00:47:25,050
1530 have to do. If you don't do this, you're going to have your trading filled with
1531 bad habits, this is the good habit that you have to do. So this is how you frame
1532
1533 309
1534 00:47:25,050 ~-~-> 00:47:35,400
1535 a trade you set about for entry, you define what your objectives are to get out.
1536 And now once you understand this, now you can determine what your risk is. Then
1537
1538 310
1539 00:47:35,400 ~-~-> 00:47:43,110
1540 it also makes or breaks the trade for you. So now you have to look at how much
1541 can I make here in terms of pips, and how does that relate to putting a stop
1542
1543 311
1544 00:47:43,110 ~-~-> 00:47:53,700
1545 loss rate at this low here. Now, trading circles will say you got to go down
1546 here like 10 pips below this low, not me. I don't want to I don't want to have
1547
1548 312
1549 00:47:53,700 ~-~-> 00:48:04,260
1550 that. If I believe that I have 40 pips, or say 60 pips here, okay, in terms of
1551 range, because I'm not looking at here in terms of the actual cable movement.
1552
1553 313
1554 00:48:04,590 ~-~-> 00:48:14,280
1555 I'm giving you kind of like a blanket concept to use on all timeframes. But if
1556 we get like a range of 60 pips here, okay. And I know some of you're looking at
1557
1558 314
1559 00:48:14,280 ~-~-> 00:48:24,210
1560 it's not 60 pips Michael, but belong short is, is if that's the range that we
1561 have here. 40 to 60 pips, if we buy here, we're buying it as it drops down, not
1562
1563 315
1564 00:48:24,240 ~-~-> 00:48:33,150
1565 once it starts going up, you don't need to do that you want to be buying it as
1566 it drops and hits that level. Okay, either 62 or 70.5, you can be a hard ass and
1567
1568 316
1569 00:48:33,150 ~-~-> 00:48:41,100
1570 wait for it to go down to 79. But many times it doesn't go there. And you'll see
1571 once the colors that you can see actually here, it never went down that low. But
1572
1573 317
1574 00:48:41,100 ~-~-> 00:48:51,000
1575 I like to anticipate it reaching to 70.5 for optimal trade entry. But my entry
1576 most 90% plus times is right at the 62% trades level. That's what I'm looking at
1577
1578 318
1579 00:48:51,000 ~-~-> 00:48:59,070
1580 the price I'm trying to get. So either I'm trying to wait for the trade so
1581 allows me at market to get that price or I use limit orders at or just above the
1582
1583 319
1584 00:48:59,070 ~-~-> 00:49:05,760
1585 70.5 level that will get me at the 62 as an entry. The risk is defined right at
1586 the old low.
1587
1588 320
1589 00:49:07,230 ~-~-> 00:49:15,360
1590 Why am I comfortable with putting it right at the old low and not 10 pips low or
1591 five pips or 20 pips below it. Because if it's going to go below the 79% level,
1592
1593 321
1594 00:49:16,200 ~-~-> 00:49:24,900
1595 it's going to run the stocks below that low anyway. And I don't want to have too
1596 much risk below that low, late it opportunity for them to take that for my
1597
1598 322
1599 00:49:24,900 ~-~-> 00:49:34,500
1600 account as it could skip and get down and hit that and too fast of a movement
1601 for me save it's safe to stop. So I have my stock rate too low. So if he does
1602
1603 323
1604 00:49:34,500 ~-~-> 00:49:43,020
1605 skip and jump down here, I'm not going to whether 10 or 20 or 3040 pips below
1606 that low depending on how your trading teacher taught you with an old low
1607
1608 324
1609 00:49:43,050 ~-~-> 00:49:51,780
1610 putting a stop below that. I'm going to rate at that low because in this
1611 condition if I'm bullish, it should not go below 79 if it goes below 80 it I'm
1612
1613 325
1614 00:49:51,780 ~-~-> 00:50:00,360
1615 wrong. So I'm going to collapse the trade personally and I'm going to say the
1616 stop to now what I just teach you cut your losses short. Define your risk. Know
1617
1618 326
1619 00:50:00,360 ~-~-> 00:50:09,930
1620 your objectives, how to hold on for them. we've replaced a lot of bad thinking
1621 and toxic thinking you probably had or didn't even know what you're looking for
1622
1623 327
1624 00:50:09,930 ~-~-> 00:50:19,590
1625 in terms of price action, I've given you a complete model of how to interpret
1626 price. Replace bad habit thinking and replace it what the things you're supposed
1627
1628 328
1629 00:50:19,590 ~-~-> 00:50:33,990
1630 to be looking for, what is it you focusing on primarily? So with that in mind,
1631 let's go into really I know there are some people that are not inside my group
1632
1633 329
1634 00:50:33,990 ~-~-> 00:50:50,370
1635 here, and your news is the first time you're here. Get to the meat of it, get to
1636 show us the account. Since you made your video really. Right. I'll use this said
1637
1638 330
1639 00:50:50,370 ~-~-> 00:50:57,180
1640 that like I usually had a bull candle. ampere candle.
1641
1642 331
1643 00:51:04,830 ~-~-> 00:51:17,190
1644 Okay. And that's what price look like in reality. So you can see how price rally
1645 up to the seventh level of the retracement leg, this is first profit. Okay, then
1646
1647 332
1648 00:51:17,190 ~-~-> 00:51:28,290
1649 it pray price trades up to the old high, there's an objective there. Here's an
1650 objective here is that and then finally hit the 6162 extension. So all this
1651
1652 333
1653 00:51:28,440 ~-~-> 00:51:37,290
1654 unfolds with the idea that you have to believe that the market is going higher.
1655 So that means you have to anticipate the market moving higher, wait for it to
1656
1657 334
1658 00:51:37,290 ~-~-> 00:51:46,980
1659 happen. Don't rush, when it does retrace, know where you're gonna be looking to
1660 to take the trade stop loss around here, turtle soup entry, it doesn't have to
1661
1662 335
1663 00:51:46,980 ~-~-> 00:51:54,240
1664 be optimal trade entry. This could be your trading pattern here, this old low
1665 being violated when it's bullish. There you go, as this is all free tutorial
1666
1667 336
1668 00:51:54,240 ~-~-> 00:52:03,720
1669 stuff. But the problem is, is many of you are trying to do too many things. And
1670 you're worrying about the wrong things. And by having the right perspective,
1671
1672 337
1673 00:52:03,900 ~-~-> 00:52:18,240
1674 applying it doing consistently, then and only then will you overcome bad habits
1675 and replace them with positive. Really, really look. This is not why had you
1676
1677 338
1678 00:52:18,240 ~-~-> 00:52:34,920
1679 here. But the account now is it 15 to 81. I did a little little movement in the
1680 Euro this morning. We'd see the last one I got stopped out on that video. And
1681
1682 339
1683 00:52:34,920 ~-~-> 00:52:48,630
1684 here it is. So now I haven't taken any losses I'm hiding from so please don't
1685 send those things. Guys worry about the wrong things. Anyway. So hopefully this
1686
1687 340
1688 00:52:48,630 ~-~-> 00:52:58,230
1689 has given you some some framework to work within in terms of developing the
1690 right mindset, and overcoming bad habits. Obviously, there's a lot of things
1691
1692 341
1693 00:52:58,230 ~-~-> 00:53:08,370
1694 that could be answered or discuss. And I could probably go on and on and on. But
1695 I don't want to spend any more time that have a lot in for. So I want to know is
1696
1697 342
1698 00:53:08,370 ~-~-> 00:53:18,720
1699 have you had any kind of if you've had any ideas stimulated, if you've given at
1700 least a context of how to use it. That would be appreciate if you share with me
1701
1702 343
1703 00:53:18,720 ~-~-> 00:53:37,410
1704 in the comment box. I don't I didn't want to do this. But let's go through real
1705 quick. There's the trade. And you can see how very similar to what I did with
1706
1707 344
1708 00:53:37,410 ~-~-> 00:53:48,600
1709 the cable idea. I went long here, you can see the trade idea is how about me
1710 show 2 million times you can see it's not me adding a line and putting all this
1711
1712 345
1713 00:53:48,600 ~-~-> 00:53:59,040
1714 stuff here did a long here I had the objective of getting up here. And we had a
1715 price drop. And I did an extension with an extensive fib from the high down to
1716
1717 346
1718 00:53:59,040 ~-~-> 00:54:07,590
1719 the low and it rallied back up. And once we got to a level that would be
1720 reasonable for optimal trade entry as a potential reversal. That's where I was
1721
1722 347
1723 00:54:07,590 ~-~-> 00:54:17,430
1724 scaling out at. And my initial scaling was just pay off. I took two of the four
1725 I bought initially down here because I was unsure about the willingness to want
1726
1727 348
1728 00:54:17,430 ~-~-> 00:54:28,080
1729 to go higher. So I was paying myself even though I was wrong. You have to learn
1730 to be profiting. When you're wrong about your outcome. If you don't see the
1731
1732 349
1733 00:54:28,080 ~-~-> 00:54:36,360
1734 things panning out, you need to at least know how to get that out of the
1735 marketplace to pay you. I had it pointed with entry. The market rally that while
1736
1737 350
1738 00:54:36,360 ~-~-> 00:54:44,340
1739 I was sleeping, it didn't hit my limit order. didn't give me the objective to
1740 move higher. We dropped down I woke up I saw price trading at this level in
1741
1742 351
1743 00:54:44,340 ~-~-> 00:54:51,960
1744 here. I gave it some time. And once it moved into a level retracement from this
1745 high down to the low. I scaled out and it didn't give me any more positive
1746
1747 352
1748 00:54:51,960 ~-~-> 00:55:00,150
1749 movement scale out another portion. It didn't give me any more and I just
1750 collapsed the trade. And did I do the right thing? Yes. Was I wrong about The
1751
1752 353
1753 00:55:00,150 ~-~-> 00:55:09,120
1754 trade? Yes, because I thought I was gonna go up here. Did I lose money? No. Did
1755 I make money? Yes. In demo for disclosure, I'm teaching through a demo account.
1756
1757 354
1758 00:55:09,570 ~-~-> 00:55:12,030
1759 But this is what you do. You have to have
1760
1761 355
1762 00:55:13,410 ~-~-> 00:55:23,970
1763 free, drop the ego leave the I got to be better than the next guy attitude or I
1764 have to live up to some measure of expectation to be profitable. No, you don't.
1765
1766 356
1767 00:55:24,450 ~-~-> 00:55:34,950
1768 It's about making more deposits in the account than withdrawals. That's all this
1769 is. But there's a lot of room for flamboyance. There's a lot of room for pomp
1770
1771 357
1772 00:55:34,980 ~-~-> 00:55:43,590
1773 and arrogance. And believe me, I'm a showcase for that. But if you try to do
1774 those things, and try to make it manifest into profitability in your trading,
1775
1776 358
1777 00:55:44,370 ~-~-> 00:55:51,720
1778 many times it's going to be a barrier. I've been doing this for 23 plus years.
1779 So I know me, I know the markets enough where I can play around in it. New
1780
1781 359
1782 00:55:51,720 ~-~-> 00:56:01,170
1783 traders don't have that. And they can get in trouble wearing their ego, or
1784 trying to be a big shot, and pretending to do something they don't. And when you
1785
1786 360
1787 00:56:01,170 ~-~-> 00:56:08,160
1788 look at their accounts, or they look at their trading, it's pretty apparent.
1789 They don't know what you're doing. But long and short is, there's plenty of bad
1790
1791 361
1792 00:56:08,160 ~-~-> 00:56:16,200
1793 habits I didn't list today. But the ones that I like talked about and covered
1794 today. They're the ones I had to actually endure and wrestle with. And what I
1795
1796 362
1797 00:56:16,560 ~-~-> 00:56:24,450
1798 what I ended up doing by showing the end of the this video and this
1799 presentation, was what I actually did to overcome it, know what I'm looking for,
1800
1801 363
1802 00:56:24,840 ~-~-> 00:56:34,440
1803 know how to define that risk, know how to pay myself when I'm wrong. Because you
1804 have to do that. And this is an example. I was expecting your to go higher. It
1805
1806 364
1807 00:56:34,440 ~-~-> 00:56:45,780
1808 didn't. But I knew how I was going to react to it failing, not chasing price or
1809 freaking out. I woke up. Yeah, I would have had a wonderful opportunity to get a
1810
1811 365
1812 00:56:45,780 ~-~-> 00:56:52,920
1813 higher price. But I was sleeping. My limit order was doing its job up here
1814 should price trade there. my stop loss was already at a point where I couldn't
1815
1816 366
1817 00:56:52,920 ~-~-> 00:57:01,770
1818 lose. In the long short is it woke I woke up a saw market had dropped down. This
1819 could have very easily stopped me out at you know, well my stop was a little bit
1820
1821 367
1822 00:57:01,770 ~-~-> 00:57:09,450
1823 lower than here. But at the time, when we started rallying up, I move my stop to
1824 a point where I couldn't lose any money and watched and I manage how much of a
1825
1826 368
1827 00:57:09,480 ~-~-> 00:57:19,020
1828 retracement we're getting here. And it was stalling between this high and this
1829 low. So I had to pay myself. That's what this leg is here. And you can see I had
1830
1831 369
1832 00:57:19,020 ~-~-> 00:57:19,770
1833 all the other ones.
1834
1835 370
1836 00:57:24,780 ~-~-> 00:57:36,120
1837 You can see all the portions of which did I took out for the remaining balances.
1838 So long short, it is I was wrong. But my account showed positive deposit. It
1839
1840 371
1841 00:57:36,120 ~-~-> 00:57:45,240
1842 doesn't have to be I'm right all the time, you're never going to be right ever.
1843 Because had I been right in terms of my directional bias in it say it hit this
1844
1845 372
1846 00:57:45,240 ~-~-> 00:57:55,920
1847 level and it took out my my target and then went 50 pips higher than that.
1848 Online, I'd have 1000 people saying you didn't hold it the right way, you know,
1849
1850 373
1851 00:57:55,920 ~-~-> 00:58:06,120
1852 you didn't get to this level by ignoring the fact that it was a positive
1853 deposits going into the account. So everyone on the outside of you are going to
1854
1855 374
1856 00:58:06,120 ~-~-> 00:58:13,680
1857 have all of these opinions about what you should be doing. When they can't spend
1858 your money. And they sure as heck ain't going to help you. If you lose money,
1859
1860 375
1861 00:58:13,680 ~-~-> 00:58:19,170
1862 they're not gonna get Hey, I feel sorry for you, pal. Here's some money, they're
1863 not going to do that. But they all have an opinion about what you're doing and
1864
1865 376
1866 00:58:19,170 ~-~-> 00:58:30,210
1867 what you should be doing. Unless they have given you something of value in terms
1868 of education, and opinion, or money. Okay, there's nothing wrong with someone
1869
1870 377
1871 00:58:30,210 ~-~-> 00:58:39,030
1872 giving you money, if they give you money to help you, okay, great. But
1873 otherwise, their opinions don't matter much at all. But because a new traders
1874
1875 378
1876 00:58:39,030 ~-~-> 00:58:48,270
1877 mindset is if somebody tells me I've been trading, leave and trade rather
1878 trading longer than me, when I was a new trader right away, I knew that that
1879
1880 379
1881 00:58:48,270 ~-~-> 00:58:55,890
1882 person had more experience, and I want to listen to them. But I wasted so much
1883 time listening to other people, when all they were doing was pretending they had
1884
1885 380
1886 00:58:55,890 ~-~-> 00:59:04,950
1887 no idea what they were doing. They were selling this idea themselves because
1888 they couldn't make money in an account. They went online and pretended. So the
1889
1890 381
1891 00:59:04,950 ~-~-> 00:59:13,380
1892 last thing I'm gonna close with is know who you're getting the information from.
1893 Okay, it's one thing to listen to somebody that may sound genuine may sound very
1894
1895 382
1896 00:59:13,620 ~-~-> 00:59:22,200
1897 well in law intended. But there's a lot of well intended sounding people out
1898 there that are clueless, they have no idea what you're doing. And you'll know
1899
1900 383
1901 00:59:22,200 ~-~-> 00:59:32,250
1902 right away, if they have any idea what they're doing, if they teach the similar
1903 very, very close to what I've taught today, number one reality you're going to
1904
1905 384
1906 00:59:32,250 ~-~-> 00:59:40,860
1907 lose, you have to have the right perspective. And toxic thinking is easy to
1908 replace, once you know what it is that you should be doing. But most people
1909
1910 385
1911 00:59:40,860 ~-~-> 00:59:47,280
1912 don't know what they're supposed to be seeing in the charts, or how they're
1913 supposed to operate from a personal standpoint, like a like a personality trait.
1914
1915 386
1916 00:59:47,730 ~-~-> 00:59:55,920
1917 Whether it be a search term trader, scalping swing, trader day trader, all those
1918 things have to relate directly to your personality. And if they aren't, you're
1919
1920 387
1921 00:59:55,920 ~-~-> 01:00:04,200
1922 going to have adversity in your trades, because you're going to be wrestling
1923 with holding onto something that your comfort level doesn't promote. Like, I
1924
1925 388
1926 01:00:04,200 ~-~-> 01:00:13,470
1927 can't be a long term trader, I can't do it. My personality is too short fused. I
1928 make decisions too quick. So I do day trading and short term trading, because it
1929
1930 389
1931 01:00:13,470 ~-~-> 01:00:21,330
1932 makes sense for me to do it that way. I can't I tried it, I can't do it. So I'm
1933 not saying because I can't do it. That's the model for everyone else. I'm just
1934
1935 390
1936 01:00:21,330 ~-~-> 01:00:30,960
1937 telling you, statistics prove that. That's why people fail. They try to do
1938 something they personally can't align themselves mentally and psychologically,
1939
1940 391
1941 01:00:31,170 ~-~-> 01:00:41,730
1942 to do. And Larry Williams did a study on this, and I didn't believe it at first.
1943 But after years of trading, I'm 100% certain he had it right. You have to match
1944
1945 392
1946 01:00:41,760 ~-~-> 01:00:52,590
1947 up your personal personality and the way you live your life. If you're fast and
1948 quick, and witty. Chances are you'd be a great day trader. If you're an
1949
1950 393
1951 01:00:52,590 ~-~-> 01:00:59,970
1952 adrenaline junkie, and you're out there doing all kinds of extreme sports.
1953 Again, that's a day trader, scalpers model, because you're engaging constantly a
1954
1955 394
1956 01:00:59,970 ~-~-> 01:01:10,530
1957 more passive investors mindset, where you really want to avoid drama, you want
1958 to avoid excitement, you probably do very well as a swing trader or a position
1959
1960 395
1961 01:01:10,530 ~-~-> 01:01:19,770
1962 trader. And day trading just isn't going to work for you because you think that
1963 it's too much noise on a lower timeframe. It's not noise, it's volatility. And
1964
1965 396
1966 01:01:19,770 ~-~-> 01:01:28,650
1967 that same volatility would scare you away as a position trader or swing trader
1968 is a wonderful Wonderland for a scalp or day trader because they can work in
1969
1970 397
1971 01:01:28,650 ~-~-> 01:01:37,500
1972 that model of volatility and be able to find setups find ways to be able to pick
1973 out a buys and sells so you have to do a lot of work in terms of knowing your
1974
1975 398
1976 01:01:37,500 ~-~-> 01:01:46,800
1977 personal self. Okay, so I'm going to escape wish you all a very pleasant day.
1978 Appreciate you coming on. If you didn't learn anything, I apologize for wasting
1979
1980 399
1981 01:01:46,800 ~-~-> 01:01:56,040
1982 your time. If you did, let me know in the comments box and inside that on
1983 Twitter, let me know I appreciate that. It is recorded so I will throw this up
1984
1985 400
1986 01:01:56,040 ~-~-> 01:02:04,590
1987 on the YouTube channel and that way everyone can talk about me on there and
1988 spread it spread the word that I'm and again so I will catch up with you when I
1989
1990 401
1991 01:02:04,590 ~-~-> 01:02:11,010
1992 catch up with you new promises when the next one's going to be I just wanted to
1993 give you guys a shout out let you know that I do have that Twitter account. It
1994
1995 402
1996 01:02:11,010 ~-~-> 01:02:21,060
1997 is mine. No one's holding it and pretending to be me with this one. So I am ICT
1998 is the Twitter handle. In October I'll be a little bit more busier than I am
1999
2000 403
2001 01:02:21,060 ~-~-> 01:02:23,820
2002 now. So with that wish you good luck and good trading.