Skip to Content

ICT YT - 2022-01-20 - ICT Mentorship 2022 Introduction.srt

Last modified by Drunk Monkey on 2022-01-22 08:38
1 00:00:15,150 --> 00:00:25,260 ICT: Alright folks, I don't hope everybody's doing well. And this is just a kinda like a prep to get your mindset correct on what's coming in two days. And
2 00:00:25,260 --> 00:00:39,540 when the YouTube channel I want to understand going forward that obviously you are familiar with my moniker have dubbed myself the demo baller. And I've always
3 00:00:39,540 --> 00:00:50,280 taught through the medium of a demo account for my own protection. And I've had students come in to my fold in question whether or not it was something that
4 00:00:50,280 --> 00:00:59,850 could work in live accounts, because they themselves could make it work in either a demo or penetrating, because either they could not find it in
5 00:00:59,850 --> 00:01:09,420 themselves to submit to the process and the time required for their own individual development. Or they rushed in did things foolishly outside of the
6 00:01:09,420 --> 00:01:22,980 instructions that I provide in mentoring. So there's a small faction of individuals on the internet that believe that these things that I teach don't
7 00:01:22,980 --> 00:01:36,930 work in a live account. And it's never really been an interest in me really just see people fall over me. And believe everything I say, I've challenged everyone
8 00:01:37,470 --> 00:01:49,050 to put things I teach to test. See if the things I'm teaching you are in fact, in the marketplace, do they deliver more times than not? Does it provide you a
9 00:01:49,050 --> 00:01:59,130 way of finding consistency over a week, not every single day perfection, because I can't provide that I don't even trade perfectly like that new trade or 10 new
10 00:01:59,130 --> 00:02:11,550 teacher can provide 100% accuracy. But the way I teach and the way you'll see me mentoring on this channel in two days is I take the years, okay, all of you that
11 00:02:11,580 --> 00:02:22,860 are not trading yet, or have tried trading and failed. You're yearning to learn how to do this. Okay, so I'm teaching with that mindset. Now, some of you
12 00:02:22,860 --> 00:02:29,880 obviously may have already been with me and found some consistency. And some of you are doing exceedingly well. And that's amazing. That's great. And I'm
13 00:02:30,120 --> 00:02:43,620 thankful for all of that. But this is really meant for specifically, it's for my daughter. Okay, so I sat down and figured out kill two birds with one stone. And
14 00:02:44,160 --> 00:02:56,340 if I can show a simplistic way of going in using the things that I teach, stripping it down to its Chrome, okay, no bells and whistles, no advanced
15 00:02:56,400 --> 00:03:06,000 theories or anything like that. What can I do to provide a model that my daughter could look at and say, Okay, there's not a lot of moving parts, it's
16 00:03:06,000 --> 00:03:17,010 real simple for me to decide what it is I want to do. And also when not to do something. Okay. And some of you may already be completely upset with that idea.
17 00:03:17,010 --> 00:03:30,720 Because you want me to come in here in light and Arsenal, in your hands of high tech, weaponry. It's been my experience that the highest form of analysis
18 00:03:30,720 --> 00:03:42,810 concepts that I've been teaching in my personal mentorship. Many times creates exceptional traders, yes, but the majority of them, and then being my students,
19 00:03:43,110 --> 00:03:52,920 they get bogged down in all of the content. And it just creates analysis paralysis, and it's just too many things for them to decide. Because like kidney
20 00:03:52,920 --> 00:04:00,540 candy store, you know, what do you eat first? And while you're still chewing on the first thing, what are you going to reach for next? Okay, so if you don't
21 00:04:00,540 --> 00:04:11,520 have discipline, and this is a personal responsibility characteristic that all of you are going to have to really assume, okay, because I can lay the things in
22 00:04:11,520 --> 00:04:25,080 your hands. But if you don't respect the fact that they have sharp edges, okay, or if you use live ammunition before you're really properly trained, you could
23 00:04:25,080 --> 00:04:39,600 hurt yourself. Okay? So with that idea in mind, I'll be teaching a stripped down version of my concepts in a mentorship style.
24 00:04:40,860 --> 00:04:49,290 So that way, you can go through the process of learning how to do a specific trading model. And I'll keep things germane to that model, not trying to bring
25 00:04:49,290 --> 00:05:00,990 in too many things. And one of the approaches is to trade it with index futures. Okay, and if you are not interested in trading futures, that's i You can still
26 00:05:00,990 --> 00:05:11,130 trade Forex with these concepts as well, but I kind of like want to drive it with futures. I actually began trading in 1992 as a commodity and futures
27 00:05:11,130 --> 00:05:21,870 trader, and I moved away from grains and cattle and gold, silver, crude oil, all those types of markets and moved into the bond market, the 30 year treasury bond
28 00:05:21,930 --> 00:05:36,480 and the s&p. So when that became my cup of tea, if you will, I became a better trader intraday. And I put down the pursuit of trying to be a long term position
29 00:05:36,480 --> 00:05:43,440 trader, because I thought that that would be the best thing for me because at the time I was working a job and had to balance all those things like working
30 00:05:43,440 --> 00:05:50,340 class individuals need to do, they have to commute back and forth to work and those types of things. So I figured position trading would be the thing for me.
31 00:05:50,490 --> 00:05:58,320 And I found out that it didn't work for me. Okay, so I liked the idea of short term trading intraday trading, it made sense to me, because I can make quick
32 00:05:58,320 --> 00:06:09,840 decisions. That may not be your style of trading, I will teach you how to apply the things I'm going to teach on the YouTube channel, how you can scale that up
33 00:06:09,870 --> 00:06:17,220 into any time frame so that way, there's no excuse for you not to be able to use the information to at least better your understanding and price action. Okay, so
34 00:06:17,520 --> 00:06:30,660 here's my promises to you. I promise you, you're going to learn things that absolutely repeat a lot. You are not going to be perfect. It's not my goal to
35 00:06:30,660 --> 00:06:39,300 make you a perfect trader, it's not my goal to make you a perfect analyst. My goal is to improve your understanding about price action, how price is
36 00:06:39,300 --> 00:06:50,640 delivered, and how to read the bias on an intraday basis, a daily basis and hopefully over a short term period of time, you can find setups that repeat. And
37 00:06:50,640 --> 00:07:00,810 they have common characteristics that are very similar, but they won't be identical. No, no, they won't be carbon copies, but you'll see similarities that
38 00:07:00,990 --> 00:07:12,810 to know and trust that this is a setup that you are familiar with. Okay? And because you are all being viewed as yours, okay, you are all yearning to learn
39 00:07:12,810 --> 00:07:23,400 how to do this. There's three stages in this YouTube mentorship, okay, I'm treating you all as Greenhorns, okay, you're just journeying to do this, a lot
40 00:07:23,400 --> 00:07:33,750 of you that begin this YouTube mentorship will not complete it, because you're going to get frustrated because you want something else, or a alternative way of
41 00:07:34,650 --> 00:07:43,500 me teaching it to you. I'm not going to take suggestions from anybody on how to teach it differently. This is the way I'm going to teach it. So it's as is it
42 00:07:43,500 --> 00:07:52,890 will not be setups given to you for trades, but I will take your attention before the fact in draw them out on a chart where I want you to study where
43 00:07:52,890 --> 00:08:02,790 price will likely draw to next. And using the things I teach you conceptually, it's your job to study that. Okay, do not look at that as a trade setup. Do not
44 00:08:02,790 --> 00:08:14,550 look at that as a enticement to take a live trade. So it's my intentions to take the years that want to learn how to do this through a process of becoming
45 00:08:15,180 --> 00:08:26,490 structured learners. So you're going from yearning to learning and hopefully, at your discretion in timing, you'll become an earner. Okay, so your inner learner,
46 00:08:27,300 --> 00:08:38,640 earner, okay? So, those three stages are what I'm going to take you through, it's not going to be an entire year mentorship, I'm willing to do probably three
47 00:08:38,640 --> 00:08:49,410 or four months. But before we get into it, I want you to know that I will not be providing any content to the YouTube channel or my own personal mentorship
48 00:08:49,950 --> 00:09:00,960 during the month of March, okay, so March 2022, I will not be doing anything, I'll be on vacation, and we're gonna be doing several road trips. So I will not
49 00:09:00,960 --> 00:09:14,580 be working for you. Okay, so if you can accept that, then I think over the next coming months, it should be rather entertaining and interesting for you as a
50 00:09:14,610 --> 00:09:26,760 student. So you're looking at this screen here. And one of the things I promised I would do in 2022, is to show you how some of these concepts would work in an
51 00:09:26,760 --> 00:09:31,860 environment outside of a demo account. I've always used the moniker
52 00:09:32,940 --> 00:09:43,440 demo Waller. Because that's my name. I gave myself that to kind of like, champion the idea that I'm teaching through a demo. But if I can teach you
53 00:09:43,440 --> 00:09:51,960 through a demo, and things are repeating, you can see your charts. Okay, whether it's a Live platform, or if it's a demo, you're seeing the things that I teach,
54 00:09:52,050 --> 00:09:59,730 and if you've been fortunate to be in my presence when I'm calling that beforehand, it's very rewarding. And you all on YouTube will have those
55 00:09:59,730 --> 00:10:08,310 successes. variances as well. But the main thing is for you not to grow dependency on me pointing to everything before it happens. Because if you do
56 00:10:08,310 --> 00:10:15,540 that, or if you have that mindset going in, it's gonna stunt your growth. And in fact, it's going to create a barrier for you, because it'll create a
57 00:10:15,540 --> 00:10:25,620 codependency, state of mine. And I don't want that I try to foster a independent mindset where you're independently coming to the decisions on your own. So that
58 00:10:25,620 --> 00:10:34,980 way the results are yours. If it's success, you own it, if you failed, you own that too. I can't cosign for your failure, in some of you absolutely will fail.
59 00:10:35,040 --> 00:10:46,170 I said this many times openly. And every time I've been asked, in 2016, I started a paid mentorship. And I have students from that time period that are
60 00:10:46,170 --> 00:10:56,130 still trying to find their way. And they cannot make these things work for themselves. I have other students from 2016, that are absolutely mind blowing
61 00:10:56,130 --> 00:11:05,010 results. And I have students from my mentorship group that was the final class in 2021. I'm not taking new enrollments that don't ask that group, I have
62 00:11:05,310 --> 00:11:14,130 traders that are doing very well as well. So it's not a shortcoming on what it is they're being taught. It's just an individual unique experience that you have
63 00:11:14,130 --> 00:11:22,710 to grow and go through. And I can't speed it up for you any more than I already done. So I'm optimistic. But I'm a realist, I knew some of you simply will not
64 00:11:22,710 --> 00:11:31,230 do the things I asked you to do, you will not do them effectively. And you'll try to short cut certain things. And you'll think that you don't need to do this
65 00:11:31,230 --> 00:11:45,000 and don't do that. And your results will be reduced because of that. So if I suggest things to drills and work, things to study, do your best to participate
66 00:11:45,000 --> 00:11:56,940 in that. Okay. And even if you can't do it live, you know, there's other ways to go through and look at, it's not the same as seeing it live. But it's the best
67 00:11:56,940 --> 00:12:05,910 you can do. Because some of you have businesses, some of you have school jobs, okay, let's be real. And you may have family things that keep you also from
68 00:12:05,910 --> 00:12:15,270 being able to watch live data in the times I'm asking you to do it. I'm not going to jump through hoops. I'm not going to do acrobatics, to make it feasible
69 00:12:15,270 --> 00:12:22,290 for every single one of you, okay, it's unrealistic for you, any of you to have that expectation of me, because I don't need to be doing this. I love doing it.
70 00:12:22,290 --> 00:12:31,350 I'm looking forward to doing it. But I want to make sure all of you have the right mindset. Okay. So in 2022, I promised that you would see how these
71 00:12:32,430 --> 00:12:44,070 concepts work in an environment outside of a demo account. And what would that mean? Well, it would mean not, well, not an empty for platform, because years
72 00:12:44,070 --> 00:12:56,460 ago, it's been shown how frauds and fakes can use that platform to pretend that they're profitable, that they can find setups in their trading is amazing. And
73 00:12:56,460 --> 00:13:04,230 they can go in and edit their trades, after the fact, after the markets already moved. Well, I've already proven that I don't do those types of things. And I
74 00:13:04,230 --> 00:13:12,720 went to TradingView. And that was the platform that I asked my community. So which which platform should I use, if I'm going away from Mt. Four, I want to go
75 00:13:12,720 --> 00:13:22,560 to a platform that's reputable. So I teach. And you'll see me teaching through trading view. So that's the medium that we use. It's familiar to me because I'm
76 00:13:22,560 --> 00:13:31,950 teaching mentorship students through that. But if that's not your platform of choice, you're just going to have to get used to me teaching through that medium
77 00:13:31,950 --> 00:13:47,100 because I'm not going to do something in addition to okay. But for a live account, I felt that TD Ameritrade is very reputable. And that is regulated by
78 00:13:47,100 --> 00:13:56,220 the Commodity Futures Trading Commission and all of the other governing bodies. I cannot rig this to make it look like I'm smarter. Okay, I can't go back in and
79 00:13:56,220 --> 00:14:08,640 change a trade. I can't fix it. Okay, I can't add lipstick to it. Okay, it either is or isn't a profitable trade. Okay, it's as simple as that. TD
80 00:14:08,640 --> 00:14:22,950 Ameritrade uses the margins that are accepted in established in the industry. And some of you may not be able to trade a market because of margin. Don't let
81 00:14:22,950 --> 00:14:23,940 that be a hindrance. I'll
82 00:14:23,940 --> 00:14:33,570 show you how to work around that in other platforms. While I don't personally use an empty for account for teaching or, or trading live funds or anything like
83 00:14:33,570 --> 00:14:45,990 that. I'm confident that students that are trying to learn how to do this, they can still use MT four, or MT five or any other platform for that matter. I as an
84 00:14:45,990 --> 00:14:58,320 educator, though, moved away from those platforms because they can be gained. Okay. In other words, they can be used to fraud and fake results. Okay, so, in
85 00:14:58,320 --> 00:15:07,320 treating you, you've seen exams After examples of me going in recording an entry, calling the moves as ever happens without the replay button, because
86 00:15:07,320 --> 00:15:16,740 replay doesn't let you do trade entries, okay? And replay only shows you a completed candlestick. It doesn't show you the generation of the open all the
87 00:15:16,740 --> 00:15:28,380 price action up and down to the close of every individual candlestick. So I've had a lot of folks over the years asked me to show live account, Show Live
88 00:15:28,380 --> 00:15:39,630 account through live account. And one of the things that kept me from wanting to do it is because if I show results of any kind right away, and this is how I
89 00:15:39,960 --> 00:15:51,180 viewed it to as a developing student in 1990s, that made me feel like, I'm never going to get it because their results were way above what I could do as a
90 00:15:51,630 --> 00:16:01,050 learning developing student. I had no idea what I was doing in 1992. But to see people say, Yeah, I mean, $50,000 in the soybean market, okay, or I mean,
91 00:16:01,080 --> 00:16:19,110 $80,000 in coffee. Well, that, to me, was a very huge mountain decline. Like, I have to do that. It just, it felt impossible. But I also didn't want to give
92 00:16:19,110 --> 00:16:30,900 results that were so low end, that it didn't inspire an interest in having people want to learn it. So because this business is extremely unique and
93 00:16:30,900 --> 00:16:41,970 personal, it's both the easiest thing you'll ever do. And sometimes, for many of you, is the most impossible thing to be successful at. And that sounds like an
94 00:16:41,970 --> 00:16:55,620 oxymoron. It sounds like doubletalk, it is but it isn't. How's that for real. You can't appreciate how difficult it is until you start trading with iPhones.
95 00:16:56,010 --> 00:17:05,610 But before you start trading live funds in your in the consistently, quote unquote, profitable demo trading stage, you feel like you could do anything. But
96 00:17:05,610 --> 00:17:14,760 something magical happens when you go into a live account where now suddenly every little tick means something to you. Because it means success or failure on
97 00:17:14,760 --> 00:17:24,270 an individual basis. Whereas if you lose in a demo account, you didn't really lose anything. You can take another demo trade. But with Live account trading,
98 00:17:25,020 --> 00:17:34,200 you have to deal with that drawdown. And that loss. And making money in an account is sometimes worse than losing money. Because it'll make you feel like
99 00:17:34,200 --> 00:17:42,480 you want to another taste of that. And it creates opportunities for you to go on a retreat, and or over leverage. And both of those things we'll talk about in
100 00:17:42,510 --> 00:17:54,660 the mentorship, how to avoid some of those things. But it's up to you to avoid them. Okay, and it takes a lot of ownership, personally, and the responsibility
101 00:17:54,660 --> 00:18:06,900 that is required to do this is paramount. Make it you cannot have anybody else. Take responsibility for your actions. It's your actions. And if you do well, you
102 00:18:06,900 --> 00:18:16,800 earned it. If you don't do well, you hate you have to eat it. Okay, it's the way it is. And too many people are weak minded in this world, that they will never
103 00:18:16,980 --> 00:18:24,750 become successful traders, no matter who teaches them what whatever thing they use, they're going to be a failure. Okay, that's just the way it is. And there's
104 00:18:24,750 --> 00:18:36,030 no way around that I can't fix and improve everyone's shortcomings. I have my own personal issues that I fight and wrestle with internally. And it's not easy.
105 00:18:36,570 --> 00:18:43,260 Like I'm obsessively compulsive, and I have ADHD, it's all these things, okay, that
106 00:18:44,279 --> 00:18:55,259 make it difficult for me, and I'm bipolar. So I have a lot of mental barriers. But if I can sit down and frame out an idea that repeats at least once a week,
107 00:18:56,489 --> 00:19:05,039 I'm confident that those individuals out there that are like me or without these barriers, can do it as well. That's my personal belief. It doesn't make it fact
108 00:19:05,039 --> 00:19:16,829 it doesn't make it true. It just means that That's my belief. And I've seen case studies in my own students where that's true. It's a transferable skill, but the
109 00:19:16,829 --> 00:19:28,409 skill must be honed by you the student. So anyway, I promised I would show some results in 2022, outside of a demo account, so I used TD Ameritrade. But years
110 00:19:28,409 --> 00:19:44,999 ago I was asked to show a regulated broker non empty for and I felt that TD Ameritrade was a better choice outside of the standard Forex account brokers
111 00:19:45,119 --> 00:19:52,829 because with TD Ameritrade, you can trade Forex, you can trade futures, you can trade, commodities, stocks, options, you can bond up everything out there, you
112 00:19:52,829 --> 00:20:02,159 can trade it, okay, so, eventually over time if you do become successful when you're profitable, you want to go with it. broker that allows you to have access
113 00:20:02,159 --> 00:20:10,259 to all those vehicles because there are certain times of the year certain asset classes just aren't going to do very well, but others will. And this type of
114 00:20:10,259 --> 00:20:20,069 broker, and I'm not repping, TD Ameritrade, I don't get anything for it. I'm not an introducing broker, I'm just saying that when I'm showing results in an
115 00:20:20,069 --> 00:20:30,419 account, that is not demo, this is the broker that I deposited the funds with. So that way, we know what I'm saying here, I'm not telling you to go here and
116 00:20:30,419 --> 00:20:44,879 trade. Okay. I have only traded a few trades with this broker, but I can tell you, their fills are immediate, their confirmations are solid, I haven't had any
117 00:20:45,209 --> 00:20:57,719 problems. Technically, it's just, I'm fumbling with the layouts, the way things are made available to me, because it's like anything else, I'm not transitions
118 00:20:57,719 --> 00:21:08,369 from empty for teaching from that being very comfortable with that going into trading view. It's very cumbersome. And I'm still clumsy with it when I'm
119 00:21:08,369 --> 00:21:18,539 teaching. And I'm finding it a little bit cumbersome here as well, because I just don't know where they have certain things. I don't know how to make the
120 00:21:18,539 --> 00:21:28,709 charts, scalable, as fast as I want them to be in like, I'm used to doing it with TradeStation, or trading view, or MT four. So it's it's a learning process,
121 00:21:28,709 --> 00:21:38,039 but it doesn't change the fact that if you know how to trade and the trades are easy, so I keep everything very simple, you know, use limits and markets to get
122 00:21:38,039 --> 00:21:48,599 in. And I just collapse a trade when it gets to a target of my choice. So that's all I'm showing you here today, it's just to show you that the things I'm going
123 00:21:48,599 --> 00:22:03,629 to be showing you are applicable on paper, and in demo. And the same logic is used here. And while this is not a lot of money, it's only $23,624.11. It's not
124 00:22:05,219 --> 00:22:17,459 something to brag about this has put it that way. But it's something that's not demo. It's something that won't stay at that level. And my objective is to teach
125 00:22:17,639 --> 00:22:30,659 conceptually, a hypothetical income based strategy, okay, it's not a trying to beat the World Cup. Okay, it's not trying to do better than every Instagram
126 00:22:30,659 --> 00:22:41,009 trader out there, it's just trying to teach how someone can take another opportunity, and hopefully in the best case scenario, and I can't guarantee or
127 00:22:41,009 --> 00:22:49,439 promise it to you, but I'm going to certainly do my best to do what I know, and how I can teach it. So that we you can be at least inspired to make an attempt
128 00:22:49,439 --> 00:22:59,789 to try, okay, and because I believe that things are about to get really, really hard for everyone, financially. And without going into great detail, just look
129 00:22:59,789 --> 00:23:11,279 around the world, you know what I'm talking about. But this is the E Mini s&p March delivery contract for 2022. Okay, and it's a two minute chart. And I want
130 00:23:11,279 --> 00:23:32,729 you to see the point of entry here. This is a short took. And the cover was here. And another one here, small little scalp in here. And then over here, I'm
131 00:23:32,729 --> 00:23:42,389 showing you so that way you can see there was no other trades out that short or too short rally in and today I slept in. And I just want to have something in
132 00:23:42,389 --> 00:23:44,189 addition to what already had here.
133 00:23:49,890 --> 00:24:04,740 This is kind of like one of the setups you're going to learn in the mentorship where his entries here and exits here. Okay, not a lot of handles, okay, handle
134 00:24:04,740 --> 00:24:19,320 would be like 4567 to 4568. So that's four ticks, or one four handle in this market. It's $50 per handle or per four ticks. So every one tick is $12.50.
135 00:24:20,670 --> 00:24:30,840 Above this high is by stops. And I was targeting that here running into that. Okay, so very simple strategy, optimal trade entry. You don't need to get in at
136 00:24:30,840 --> 00:24:39,960 this level here. Okay, I'm going to teach you how to have forgiving entries. You don't need to be highly precise about your entries, but you need to be precise
137 00:24:39,960 --> 00:24:48,660 about the directional bias and where it's going, Okay, where's price reaching for? And that's kind of like what I'm showing you in this mentorship on the
138 00:24:48,660 --> 00:25:03,780 YouTube channel. So if I have at least given you the opportunity to find setups, conceptually, if that's the case then, over time, if you've SUBMIT yourself to
139 00:25:03,780 --> 00:25:15,510 it, you'll find more setups than you'd ever imagine, because they're there a lot except some of these lower timeframes. So, in a nutshell, what am I saying here,
140 00:25:15,540 --> 00:25:27,660 I'm saying that if you can learn how to take 25, handles, okay? If you could take 25 handles out of a market like the E Mini s&p, you may not have the margin
141 00:25:28,740 --> 00:25:38,760 12 $13,000, or whatever it is to trade one contract of this market, you don't need to have that you can trade the micros in while you're not making $50 per
142 00:25:38,760 --> 00:25:48,210 handle on E Mini s&p, you're making $5 per handle, you can still graduate a retirement build that up. And it's not a lot of initial margin that's required
143 00:25:48,210 --> 00:26:03,210 to do that. Or if you're outside the US, you can trade a CFD and trade the US 500 market through like an empty for account. And again, I'm just going to touch
144 00:26:03,210 --> 00:26:09,600 on that I'm not suggesting that you should address it those individuals in the States because it's actually illegal for you to trade that because it doesn't go
145 00:26:09,600 --> 00:26:18,750 through a regulated extreme exchange like a futures market would. So that makes it illegal for US traders to do that. So we have to in the US trade through the
146 00:26:18,750 --> 00:26:29,550 futures market. And they have been nice enough to provide micro accounts or vehicles like the E Mini s&p, and the NASDAQ. They have micro accounts. So
147 00:26:30,030 --> 00:26:41,640 whatever the multiplier would be when the regular Mini, it's this reduced to a smaller level in terms of margin, and tick value. And I'll cover all that stuff.
148 00:26:41,640 --> 00:26:49,500 It's I've made it very, very simple. Or at least that's been the goal on having going into this will make it very, very simple for all of you to look at it, say
149 00:26:49,500 --> 00:26:57,750 okay, I don't have to have 1000 moving parts, I'm going to simply look at things that make sense. And if you can visually understand what it is I'm teaching,
150 00:26:58,290 --> 00:27:05,160 you'll see that doesn't require a lot of chart graffiti. Okay, things that are very distracting. Do you look at this chart here and see a lot of things that
151 00:27:05,160 --> 00:27:13,710 would be mysterious, no, very simple little things, I'll draw a line to highlight a level that I want to see breached. Okay, and a level where I want to
152 00:27:13,710 --> 00:27:25,470 see it reach up into. And that's the basis of understanding how the markets work within a liquidity matrix, you have buy side and sell side. And once you have
153 00:27:25,470 --> 00:27:34,890 that understanding, and I'll teach some of those things in the mentorship, you'll be able to find setups that repeat at least one good setup a week. But if
154 00:27:34,890 --> 00:27:46,710 you can find 25 handles a week in the email market, you can do very, very well with that very, very well. You don't need to hit homeruns. And here's my
155 00:27:46,710 --> 00:28:00,750 inspiration to you in closing. If we're looking at a market that provides us setups, and let's just say your mortgage, or your rent is say $1,500, it may not
156 00:28:00,750 --> 00:28:11,100 be that much. It may be actually more than that. But I'm just gonna say let's say it's $1,500. What happens if you can earn enough to make 50% Or all of that
157 00:28:11,160 --> 00:28:16,050 a month going forward? Would that not be beneficial to you?
158 00:28:17,400 --> 00:28:25,380 That's the mindset I want you all to have. Or let's say you have a carbon in your car payment and your car insurance. If you could find a way to have that
159 00:28:25,380 --> 00:28:35,040 money come to you by your own speculation over time, not right away. I'm not suggesting all of you are going to do this in the same year. But over time, if
160 00:28:35,040 --> 00:28:45,540 you submit that process I outlined for you. My belief is my personal belief, my honest opinion is I believe that it is possible. Now anyone can say, oh,
161 00:28:45,540 --> 00:28:55,140 anything's possible. But I believe the things I'm going to show you are things that you'll be able to spot on your own. Now I'm going to coach you throughout
162 00:28:55,530 --> 00:29:06,570 the coming months, showing you where certain things may deliver. But I don't want you to feel like you need that. So I'll teach you how to anticipate certain
163 00:29:06,570 --> 00:29:18,810 things on your own. And you check yourself with the things I reveal or do a review with. And my belief is that you'll be better at reading price. When I'm
164 00:29:18,810 --> 00:29:27,060 done doing this YouTube mentorship. And again, I don't think I'm going to be doing more than four months. And that four months is actually including the
165 00:29:27,060 --> 00:29:34,920 month of March where nothing, nothing's getting uploaded, nothing in the light, private mentorship or on YouTube. So I will be vacationing that entire month. So
166 00:29:34,920 --> 00:29:46,140 I'll be doing those things during the month of March. And in April. I'll return back to the mentor that I am in my private mentorship. And I'll return back to
167 00:29:46,350 --> 00:29:56,580 the delivery of the lessons on the YouTube channel. So what does the schedule look like for this mentorship on YouTube? Obviously, Friday will be your first
168 00:29:56,580 --> 00:30:11,400 episode, and then it'll be a Tuesday and Thursday. They upload. There will be assignments and PDF files provided for your learning throughout the week, I'm
169 00:30:11,400 --> 00:30:20,940 not promising any specific schedule on that. But you'll be able to see them. If you go to my community tab. I'll provide a way for you to get to the information
170 00:30:20,940 --> 00:30:33,150 and download it. And I think that if you submit to this, you'll be far better than you are right now about reading price, expecting certain things to deliver.
171 00:30:33,570 --> 00:30:43,800 And you'll find that it's not as challenging when you have a good mentor, and you have sound logic, and it's not over complicated. And that's my goal going in
172 00:30:44,250 --> 00:30:47,100 until talk to you on Friday. Be safe