ICT YT - 2023-12-30 - NQ Live Execution and Commentary - Final Trading Day Of 2023
Last modified by Drunk Monkey on 2025-09-27 13:18
1 | 00:00:01 --> 00:00:07 | ICT: Hello, folks, I'm watching this, this Hi here. So we're gonna go short |
2 | 00:00:07 --> 00:00:14 | there. And yes, I'm trading with a paper trading account, you see that paper |
3 | 00:00:14 --> 00:00:20 | trading right here. Because I'm not a licensed trade advisor in the United |
4 | 00:00:20 --> 00:00:25 | States, they take it very serious when people are doing things with the |
5 | 00:00:25 --> 00:00:29 | marketplace. And I'm not licensed to give trade advice. So that's the reason |
6 | 00:00:29 --> 00:00:36 | why I'm teaching through the medium of the demo account. And fasteners that are |
7 | 00:00:36 --> 00:00:41 | not employing the Market Replay. So I'm recording the whole screen. So it is |
8 | 00:00:41 --> 00:00:47 | market, this market rather, is open. And it's a one minute chart to the time |
9 | 00:00:47 --> 00:00:55 | measures 956 96. Next 5797, the next game opens up right now, okay, so |
10 | 00:00:55 --> 00:01:02 | there's 957 957, my system time matches 957 There's a countdown to candlestick |
11 | 00:01:02 --> 00:01:08 | close, you don't get that with Market Replay. Notice that the time axis and |
12 | 00:01:08 --> 00:01:14 | the window border that shows the time actually, that's not separated by |
13 | 00:01:14 --> 00:01:18 | anything. But when you do Market Replay, it separates it. So the buy and sell |
14 | 00:01:18 --> 00:01:24 | window opens up down here by not using Mark replay and that little open green |
15 | 00:01:24 --> 00:01:28 | ball disappears and you get this, which says its starting point for Market |
16 | 00:01:28 --> 00:01:35 | Replay. So everything is live. It's real time. And I'm looking for 17,000 today. |
17 | 00:01:36 --> 00:01:42 | I mentioned earlier in the week, in one of my usual haunts on YouTube, that |
18 | 00:01:42 --> 00:01:49 | 17,000 has a lot of sell side liquidity resting below it in any rally today. And |
19 | 00:01:49 --> 00:01:55 | I view all this here is big this keep taking highs, highs, highs, highs, what |
20 | 00:01:55 --> 00:02:01 | they're doing is every single time a highest form but like we had over here, |
21 | 00:02:01 --> 00:02:08 | it started with this. Okay, so we had the buy side resting here, the cleared |
22 | 00:02:08 --> 00:02:13 | that took sell side trap traders short and stopped out anyone that's long so |
23 | 00:02:13 --> 00:02:19 | they can profit from the Judas swing higher, then you have this high where |
24 | 00:02:19 --> 00:02:23 | they've cleared the buy side there. And for good measure, they've taken this |
25 | 00:02:23 --> 00:02:29 | high. They're out there, which clears up this. Okay, so that's what I was waiting |
26 | 00:02:29 --> 00:02:36 | for. So we had a lot of biocide taken out and purged. So now, target is right |
27 | 00:02:36 --> 00:02:45 | below here. So the next draw is this sell side and more specifically, this |
28 | 00:02:45 --> 00:02:51 | one, so I'm gonna take that off because I don't like using that kind of wine. So |
29 | 00:02:51 --> 00:02:53 | just focus for right now |
30 | 00:03:01 --> 00:03:06 | read below here, okay. If it trades up to touch this right here, I'll teach |
31 | 00:03:07 --> 00:03:12 | that as a immediate rebalance. And it's also volume imbalance written here. So |
32 | 00:03:16 --> 00:03:19 | I'm entering with the hot buttons in the upper left hand corner. Again, that's |
33 | 00:03:19 --> 00:03:23 | something you can't do with Mark replay. as well to see if we can touch that |
34 | 00:03:23 --> 00:03:28 | volume, I'm willing to miss the entire opportunity to touch this as immediate |
35 | 00:03:28 --> 00:03:36 | rebounds. I want to see it try to get up in here. Let me show you. This is what I |
36 | 00:03:36 --> 00:03:43 | was looking for. I want to get up into at least that line. It's okay if I don't |
37 | 00:03:43 --> 00:03:47 | get it runs off because I really want to be seeing the market go lower anyway. |
38 | 00:03:49 --> 00:03:58 | The volume balance right there. I don't want to add to it there. So that's good, |
39 | 00:03:58 --> 00:04:03 | that's fine. It didn't quite get that loaded. And he's 52 year old is |
40 | 00:04:04 --> 00:04:10 | 17,001 01 and the next candle is high was not yet it was immediate rebounds. |
41 | 00:04:10 --> 00:04:15 | So it was a perfect immediate rebounds as I was describing it, but I was being |
42 | 00:04:15 --> 00:04:20 | a little too overzealous about trying to get that entry there on the volume |
43 | 00:04:20 --> 00:04:24 | imbalance and that's sometimes what happens right so we have the market |
44 | 00:04:24 --> 00:04:32 | trading into a inversion fair value gap right now. There always orange case Have |
45 | 00:04:32 --> 00:04:40 | you ever seen on my charts? The orange rectangle is denoting a inversion theory |
46 | 00:04:40 --> 00:04:45 | got negative means it's bearish. I anticipate to be treated as some measure |
47 | 00:04:45 --> 00:04:50 | of resistance. Real resistance not retail nonsense. |
48 | 00:04:55 --> 00:05:01 | And it's extended a little bit All right, so you're seeing the full Monty |
49 | 00:05:01 --> 00:05:07 | here today, I got requested to show the screen like this because they felt like |
50 | 00:05:07 --> 00:05:13 | I was somehow photoshopping. In Listen, folks, I appreciate that that level of |
51 | 00:05:13 --> 00:05:20 | confidence that I'm able to do that much in terms of deception, I needed to get |
52 | 00:05:20 --> 00:05:24 | the candlesticks to show everything matching, where the separation between |
53 | 00:05:24 --> 00:05:29 | the time on TradingView in the lower right hand corner and the time axis on |
54 | 00:05:29 --> 00:05:35 | the price chart, and all these price fluctuations, everything moving and |
55 | 00:05:35 --> 00:05:40 | shifting as it would if it was being done really like is being done here. The |
56 | 00:05:40 --> 00:05:44 | level of denial that some of you folks that are in the comments section, it's |
57 | 00:05:44 --> 00:05:48 | not much I'm talking about, I'm talking literally two or three every time for |
58 | 00:05:48 --> 00:05:53 | execution video up there all new accounts to or accounts that don't have |
59 | 00:05:53 --> 00:05:57 | any content. And to me, it's your nobody. But I'd like to see it trade up |
60 | 00:05:57 --> 00:06:00 | into consequent encouragement here, see, I left that fear of a gap right there, |
61 | 00:06:01 --> 00:06:05 | in the midpoint of this gap here want to see it treat that as resistance, and I |
62 | 00:06:05 --> 00:06:09 | can completely come back up here and then go lower, you can even go above it |
63 | 00:06:09 --> 00:06:13 | and have a little Mohawk, which is color outside the lines. On the upside, it can |
64 | 00:06:13 --> 00:06:18 | do that. I'd like to see it do that least middle point because then it shows |
65 | 00:06:18 --> 00:06:22 | it tried to go there. And then if the price engine rejects it and sends it |
66 | 00:06:22 --> 00:06:27 | lower, once we get below here, then I'll take the stop down to cover costs, which |
67 | 00:06:27 --> 00:06:33 | would be lowering it from where it is now to get down to here on teaching |
68 | 00:06:33 --> 00:06:37 | through the medium of a demo account, because I'm not licensed to get trade |
69 | 00:06:37 --> 00:06:45 | advice. And it is going to be used to teach my son. So it's for that very |
70 | 00:06:45 --> 00:06:49 | reason. Whenever I'm teaching or live executions, it's always gonna be done |
71 | 00:06:49 --> 00:06:52 | with a demo account. Because I don't want to get myself in trouble. In the |
72 | 00:06:52 --> 00:06:55 | United States, they take it very serious. And there's somebody say, Oh, |
73 | 00:06:55 --> 00:06:59 | this guy does his live trading, that's him, if he's willing to do that he |
74 | 00:06:59 --> 00:07:03 | doesn't have a million subscribers on most where I'm a bigger fish. If they |
75 | 00:07:03 --> 00:07:07 | want to hook me in the face, you know, and make an example out of me, because |
76 | 00:07:07 --> 00:07:13 | I'm a much bigger fish to fry versus some guy that's new, doing nothing. But |
77 | 00:07:13 --> 00:07:18 | the small audience, it won't be that impactful. So I try to do things on the |
78 | 00:07:18 --> 00:07:23 | up and up. And even if it means that you don't like me, because I'm not trying to |
79 | 00:07:23 --> 00:07:27 | do it live or telling you when to get in, get out. I'm not going to operate as |
80 | 00:07:27 --> 00:07:31 | a trade advisor means I'm operating as a financial advisor, or a trade advisor. |
81 | 00:07:31 --> 00:07:35 | And I'm not a CTA, which is a certified trade advisor. They are all regulated |
82 | 00:07:35 --> 00:07:38 | positions in the United States. And I'm not going to open myself up to the |
83 | 00:07:38 --> 00:07:42 | liabilities that come along with doing those things without regulation. So |
84 | 00:07:43 --> 00:07:48 | there you go, now you have the full, real reason why I teach through a paper |
85 | 00:07:48 --> 00:07:51 | trading account. If you can't do it on paper trading account, you sure as hell |
86 | 00:07:51 --> 00:07:54 | not gonna be able to do it with a live account, right. And if you really want |
87 | 00:07:54 --> 00:07:58 | to see a live account, because people say don't ever execute a miracle or |
88 | 00:07:58 --> 00:08:03 | anything live in a live stream, one particular person left a comment and |
89 | 00:08:03 --> 00:08:08 | saying that the real mentors, call the moves on the Farm Payroll and execute |
90 | 00:08:08 --> 00:08:12 | well go on my YouTube channel search, Non Farm Payroll live execution, and |
91 | 00:08:12 --> 00:08:16 | you'll see me outline the candlesticks individually and execute and I do a |
92 | 00:08:16 --> 00:08:20 | trade. I manage it up at the stop losses there. It's all in front of everybody |
93 | 00:08:20 --> 00:08:24 | that was watching at the time was like 60,000 people watching. Okay, so please |
94 | 00:08:24 --> 00:08:29 | stop talking to me about nonsense if you don't do the research. I've shown a Live |
95 | 00:08:29 --> 00:08:32 | account that I'm logged into on TD Ameritrade showed every single day, |
96 | 00:08:32 --> 00:08:38 | every single day's results every entry every time and date stamp, everything |
97 | 00:08:38 --> 00:08:42 | everything I went down to 30% drawdown because my student asked me, Can you do |
98 | 00:08:42 --> 00:08:47 | this as I did that, go and ask your Furu, your gurus this the log into their |
99 | 00:08:47 --> 00:08:51 | account and show you the last 30 days, the last three months I did last three |
100 | 00:08:51 --> 00:08:55 | months. And when I did that account, I made over 100% with trading one |
101 | 00:08:55 --> 00:08:58 | contract. And then there's that with lots of losing trades to prove to my |
102 | 00:08:58 --> 00:09:04 | students losing trades do not end you, but losing trades that cause you to lose |
103 | 00:09:04 --> 00:09:07 | your mind and try to get it all back. That's what causes you to go on a |
104 | 00:09:07 --> 00:09:12 | tailspin and blow your account. So, you know, listen, folks, I've done more than |
105 | 00:09:12 --> 00:09:16 | any other person out here that's educating to prove number one, I can |
106 | 00:09:16 --> 00:09:20 | call every individual candlestick, whether it be a one minute 15 second |
107 | 00:09:20 --> 00:09:25 | chart, a daily chart, weekly chart, a five minute chart, 15 minute chart, I've |
108 | 00:09:25 --> 00:09:29 | shown executions, I literally type out what's going to happen in the one minute |
109 | 00:09:29 --> 00:09:32 | candlesticks. So I have to have a visibility of knowing what it's going to |
110 | 00:09:32 --> 00:09:37 | do beforehand and then have the timing thereof being able to type it all out, |
111 | 00:09:37 --> 00:09:41 | annotate the chart as it's happening. And I'm not using Market Replay. These |
112 | 00:09:41 --> 00:09:44 | are all real time things they're happening. So there's that mohawk I'll |
113 | 00:09:44 --> 00:09:47 | start making do that little bit of combing outside of the line. That's |
114 | 00:09:47 --> 00:09:54 | completely permissible. And to prove it here, I'll add five more contracts right |
115 | 00:09:54 --> 00:10:03 | there short. Stop has to stay where it's at. And it's still Basically 2% Go back |
116 | 00:10:03 --> 00:10:13 | to see the accountants 100,000. So if it stopped me out, it's basically 2% or 2%. |
117 | 00:10:15 --> 00:10:21 | So if it stops out and loss occurs at $2,000 2% of 100,000 hours is what? 2%. |
118 | 00:10:22 --> 00:10:25 | So here's that volume imbalance. I told you I wanted to see it touch that it |
119 | 00:10:25 --> 00:10:31 | just did that. I really liked that. So let me just add one for the sake that |
120 | 00:10:31 --> 00:10:39 | it's in there. And I apologize, I don't have the executions show on price. But |
121 | 00:10:39 --> 00:10:45 | you can't do this with mercury play can't hide your, your stuff. But what I |
122 | 00:10:45 --> 00:10:50 | was saying was, you know, for the folks that listen to people talk about how |
123 | 00:10:50 --> 00:10:56 | they took $30 million dollars to $100,000. Come on, come on, seriously, |
124 | 00:10:56 --> 00:11:00 | you believe that. But there's people that are getting rich selling courses, |
125 | 00:11:00 --> 00:11:04 | trying to convince you that that's possible. And then you can do it in a |
126 | 00:11:04 --> 00:11:10 | couple months. Come on me. The regulators need to go after these type |
127 | 00:11:10 --> 00:11:15 | of people, right. But ask them to sign into their brokerage firm, a real |
128 | 00:11:15 --> 00:11:20 | regulated brokerage firm, not some offshore shell company that isn't really |
129 | 00:11:20 --> 00:11:24 | existing and aren't those orders aren't going to the marketplace. Whenever |
130 | 00:11:24 --> 00:11:27 | they're showing you like they're empty for screens. It's all fake. It's all |
131 | 00:11:27 --> 00:11:31 | garbage. If they can trade, they'll go into a regulated broker. And I've done |
132 | 00:11:31 --> 00:11:35 | that I've done it in two instances. I did it with AMP, global, which is a |
133 | 00:11:35 --> 00:11:40 | futures broker. I'm not repping them. But no brokerage firm is perfect. But I |
134 | 00:11:40 --> 00:11:44 | did TD Ameritrade when some other YouTuber claimed I would never do that I |
135 | 00:11:44 --> 00:11:49 | did it. And I logged into the account my shirt, every single thing that I asked |
136 | 00:11:49 --> 00:11:58 | her to do. That didn't happen. In fact, she went missing the the level of denial |
137 | 00:11:59 --> 00:12:02 | that other traders and other educators that go in and the sock puppet in my |
138 | 00:12:02 --> 00:12:07 | comment section, they will do everything they can to avoid you holding to |
139 | 00:12:07 --> 00:12:11 | accountability them in their results, because if they can't really cheat, |
140 | 00:12:11 --> 00:12:16 | they'll show you. They'll show you they'll gladly show you it. But when |
141 | 00:12:16 --> 00:12:20 | they block you because you have been asking them the Hey, log into your |
142 | 00:12:20 --> 00:12:24 | brokerage firm. Let's see a day by day transactional log of what you do how you |
143 | 00:12:24 --> 00:12:28 | trade? Do you take losses? Do you come back from those losses? What is your |
144 | 00:12:28 --> 00:12:32 | measurement of leverage? Do you trade recklessly? Okay, are you using the very |
145 | 00:12:32 --> 00:12:38 | concepts that you claim that you use? And if that's not there? No. There you |
146 | 00:12:38 --> 00:12:42 | go, you have someone that is probably not worth listening to. Right. And it's |
147 | 00:12:42 --> 00:12:49 | a very simple, efficient and cheap way of proving yourself as someone worth the |
148 | 00:12:49 --> 00:12:55 | salt that you claim you're. And frankly, I think it's needed. The industry is |
149 | 00:12:55 --> 00:12:58 | dirty right now and more than it's ever been. There's so many people out there |
150 | 00:12:58 --> 00:13:04 | pretending to be knowledgeable, pretending to be new, schooled in versed |
151 | 00:13:04 --> 00:13:08 | in reading price action. And you've seen them they come out there in their live |
152 | 00:13:08 --> 00:13:13 | streams, they blow their account, they delete the stream. They make up excuses |
153 | 00:13:13 --> 00:13:16 | why other people are frauds and fakes. But the people that they're claiming are |
154 | 00:13:16 --> 00:13:19 | frauds and fakes. are the very ones that are coming up bringing the receipts and |
155 | 00:13:19 --> 00:13:23 | having the largest student base with profitable students with real results |
156 | 00:13:23 --> 00:13:28 | that are absolutely third party confirmed. Okay. So when you go into |
157 | 00:13:28 --> 00:13:34 | 2024, it's real, real important that you filter out all the noise, okay, filter |
158 | 00:13:34 --> 00:13:40 | out all the noise, filter out all the the negativity, and make trading in your |
159 | 00:13:40 --> 00:13:44 | development, your number one goal. If it's drama, hitting your ain't worth |
160 | 00:13:44 --> 00:13:51 | your time you like drama wotso boppers. Alright, so now I want to see price, go |
161 | 00:13:51 --> 00:13:57 | back below this inversion favor, I got one of the things that you're going to |
162 | 00:13:57 --> 00:14:02 | discover about the last few days of trading in any given year, it will do a |
163 | 00:14:02 --> 00:14:07 | lot of things that break the rules that you're used to. Okay. That's why I kept |
164 | 00:14:07 --> 00:14:14 | my stop loss well above the initial high today and leaving it there. As a new |
165 | 00:14:14 --> 00:14:18 | trader, you think wow, you know, to lose 2002 on ours. |
166 | 00:14:18 --> 00:14:21 | If you had that in your account? Well, first of all, let's get one thing |
167 | 00:14:21 --> 00:14:25 | straight the chances of you learning how to trade and in going out and feeling |
168 | 00:14:25 --> 00:14:28 | comfortable putting 100,000 I don't know you probably want to have 100,000 hours |
169 | 00:14:28 --> 00:14:35 | to put in the account. But to worry about that is a waste, okay? What I'm |
170 | 00:14:35 --> 00:14:40 | doing is I'm teaching you risk, the management of risk and also teaching you |
171 | 00:14:40 --> 00:14:44 | managing the characteristics that the market will employ on these types of |
172 | 00:14:44 --> 00:14:48 | days. These are days when you don't want to be trading. Okay. I like to take |
173 | 00:14:48 --> 00:14:52 | myself away from the marketplace the week prior. So basically the Friday |
174 | 00:14:52 --> 00:14:57 | before in the United States, we have the celebration of thanksgiving. That week |
175 | 00:14:57 --> 00:15:03 | of Thanksgiving, I'm not trading at all But this year, I have maintained a level |
176 | 00:15:03 --> 00:15:09 | of connection to the marketplace because I have a goal for 2024. So if I step |
177 | 00:15:09 --> 00:15:12 | away from the market for several weeks or a couple of months, like I normally |
178 | 00:15:12 --> 00:15:17 | would do, I might get rusty, okay, where I don't feel like I'm in tune with the |
179 | 00:15:17 --> 00:15:23 | marketplace. So I have been every single day employing some measure of connection |
180 | 00:15:23 --> 00:15:28 | to the marketplace, because I need to be dialed in. So when I start my trading |
181 | 00:15:28 --> 00:15:34 | and 2024, my goal is to reach the goals that I have set forth for myself, and |
182 | 00:15:34 --> 00:15:40 | not need that normal one week or two weeks of getting back in the swing of |
183 | 00:15:40 --> 00:15:44 | things and working off the holiday rust that comes with taking time away from |
184 | 00:15:44 --> 00:15:53 | the marketplace, not trading. And, you know, we'll see what we get in terms of |
185 | 00:15:53 --> 00:15:57 | what the market wants to provide for us for volatility and setups for next year. |
186 | 00:15:57 --> 00:16:01 | But I think it's going to be ferocious, there's so many things that are on the |
187 | 00:16:01 --> 00:16:08 | horizon, that is going to cause the market to be absolutely wild. So I'm |
188 | 00:16:08 --> 00:16:13 | quite certain it will be eventful in 2024. So you can see how we went above |
189 | 00:16:13 --> 00:16:17 | the volume and bounce in here. Okay, so all of this, but we did not take up the |
190 | 00:16:17 --> 00:16:23 | high. So that to me is constructive. What we're seeing is how the smooth |
191 | 00:16:23 --> 00:16:29 | relative equal highs here. They were made jagged, round above, round double |
192 | 00:16:29 --> 00:16:33 | rallied above, right above. So everything above these highs here, look |
193 | 00:16:33 --> 00:16:43 | at it like this. Okay, we have this, this price action all through here. All |
194 | 00:16:43 --> 00:16:52 | of this should be viewed as smooth, being made jagged. And we'll, we'll |
195 | 00:16:52 --> 00:16:59 | shave it like this. Okay, so all of this price action inside this shaded area, |
196 | 00:16:59 --> 00:17:04 | it's in like the pink hue. All of this is a suspect rallies are all suspect |
197 | 00:17:04 --> 00:17:09 | rallies, not not something to be thinking, Oh, it's gonna go higher. None |
198 | 00:17:09 --> 00:17:14 | of this is selling the idea to me, it's gonna go higher. What it's doing is it's |
199 | 00:17:14 --> 00:17:19 | knocking out traders that are trying to establish short positions. And let's say |
200 | 00:17:19 --> 00:17:23 | I say I get stopped out. If I get stopped out, I'm going to go right back |
201 | 00:17:23 --> 00:17:29 | in with half the position. So right now I'm holding 12 contracts. If it stops me |
202 | 00:17:29 --> 00:17:32 | out, I'm going to look for another opportunity to get short not because I'm |
203 | 00:17:32 --> 00:17:36 | forcing my will in the marketplace. But because I'm teaching that this is |
204 | 00:17:36 --> 00:17:39 | something when I'm observing the dudes running up there and taking that level |
205 | 00:17:39 --> 00:17:42 | of stop out because if it does that, if it does run up there hit my stop, I |
206 | 00:17:42 --> 00:17:47 | think it's going to aggressively break lower and break fast. And it may not |
207 | 00:17:47 --> 00:17:51 | allow me to get inside of this range that shaded in pink, where I think is |
208 | 00:17:51 --> 00:17:58 | the premium. And all of this low here in this low here, they will aggressively |
209 | 00:17:58 --> 00:18:03 | run for. So all that's in here is this time distortion, they're holding price |
210 | 00:18:03 --> 00:18:08 | in this area here with the expectation that it's going to lead traders to want |
211 | 00:18:08 --> 00:18:13 | to be a buyer. And as those buyers are coming in continuously, I don't need a |
212 | 00:18:13 --> 00:18:17 | depth of market to do that. I don't need level two data to determine that. I can |
213 | 00:18:17 --> 00:18:21 | read it in the price action. retail traders are buying these things. Okay, |
214 | 00:18:21 --> 00:18:28 | they're buying it. Let's see if I can look at a indicator here. Okay. Every |
215 | 00:18:28 --> 00:18:32 | time it's going to create an oversold condition, retail is going to be buying |
216 | 00:18:32 --> 00:18:39 | that. Okay. I'm not looking at these indicators like this. I'm looking at |
217 | 00:18:39 --> 00:18:45 | price action. And if we take this off and we put in stochastic |
218 | 00:18:53 --> 00:19:00 | Okay, oversold cross over here, they want to be a buyer. So with it crossing |
219 | 00:19:00 --> 00:19:04 | over here like this, okay, trend continuation traders. They'll see that |
220 | 00:19:04 --> 00:19:09 | as okay, this is more and more reason that the long you because you read |
221 | 00:19:09 --> 00:19:12 | classic textbook. So you think well this is in the middle, I wouldn't take that |
222 | 00:19:12 --> 00:19:16 | letter because you're not a trader that's used momentum studies. But if |
223 | 00:19:16 --> 00:19:20 | this was in fact bullish this crossover here, but set up another reason to be a |
224 | 00:19:20 --> 00:19:27 | buyer. But it's not why because the markets predisposed to go lower. Smart |
225 | 00:19:27 --> 00:19:32 | Money is going to be distributing their long positions today. That means every |
226 | 00:19:32 --> 00:19:36 | rally they're selling into that every rally they're selling into it, every |
227 | 00:19:36 --> 00:19:40 | time a short term highs taken out, they're selling to those buy stops or |
228 | 00:19:40 --> 00:19:44 | those breakout artists that want to be buying on bullish momentum. And they're |
229 | 00:19:44 --> 00:19:48 | going to see later today as we get into the last three hours of trading that |
230 | 00:19:48 --> 00:19:53 | they have made themselves a full because we will not be at these levels in the |
231 | 00:19:53 --> 00:19:58 | last three hours of the day. Where we lower basically making sure you |
232 | 00:19:58 --> 00:20:03 | understand that it's it's going to be All right, so I'd like to see it really |
233 | 00:20:03 --> 00:20:08 | fall out of bed in here and attack. the sell side here, this is a very minor |
234 | 00:20:08 --> 00:20:16 | sell side liquidity pool. So my focus is primarily right there. And that's what |
235 | 00:20:16 --> 00:20:21 | I'm going to counsel you to focus there. So observe how price wants to gravitate |
236 | 00:20:21 --> 00:20:25 | to this level of liquidity, trapping, all these individuals that are up here |
237 | 00:20:25 --> 00:20:29 | in that shaded area that are net long, or if they were short, they are now |
238 | 00:20:30 --> 00:20:34 | stopped out. And if they went back in, they keep getting stopped out. So now |
239 | 00:20:34 --> 00:20:38 | they don't want to take a short. So even when this thing starts to run lower, |
240 | 00:20:38 --> 00:20:40 | they're gonna be like a deer in headlights, they're not going to, |
241 | 00:20:41 --> 00:20:46 | they're not going to trust what they're seeing. And it will run without them. |
242 | 00:20:46 --> 00:20:50 | And then they're gonna be punching the air getting mad because they didn't hold |
243 | 00:20:50 --> 00:20:56 | on to a trade that would have afforded them profitability as a short. It goes |
244 | 00:20:56 --> 00:20:59 | without saying everyone that's long is going to get punished, because they're |
245 | 00:20:59 --> 00:21:04 | offside. Okay, so what we're doing here inside this inversion, fair Vega, okay. |
246 | 00:21:07 --> 00:21:11 | Trading just at the top of that, in here, let me add one more, just to prove |
247 | 00:21:11 --> 00:21:13 | to you that that's what's actually happening here. |
248 | 00:21:20 --> 00:21:28 | And we have 13 contracts. So let's take let's take three off at that initial |
249 | 00:21:28 --> 00:21:36 | low. Right there. So when we trade down here, you'll see I'll take some profits, |
250 | 00:21:36 --> 00:21:48 | it'll be 26, and a quarter or so handles on three contracts. But once it takes |
251 | 00:21:48 --> 00:21:52 | this low out, and it partials me out with profit, then my stop or roll down |
252 | 00:21:52 --> 00:22:00 | to cover costs. But, you know, regardless of how the market behaves |
253 | 00:22:00 --> 00:22:03 | today, if it gives me an opportunity where it looks like I'm a superstar, |
254 | 00:22:03 --> 00:22:07 | don't look at this as an enticement to trade the last trading day of the year, |
255 | 00:22:07 --> 00:22:11 | you should really you shouldn't be doing it. But I'm doing it so that way, you |
256 | 00:22:11 --> 00:22:16 | have one more instance of learning from me before the close of 23. Because I'm |
257 | 00:22:16 --> 00:22:21 | gonna be quiet, there will be videos, obviously, you can see I'm uploading the |
258 | 00:22:21 --> 00:22:26 | charter content that was in my private mentorship. And the reason why I'm doing |
259 | 00:22:26 --> 00:22:29 | that. I'm not creating new videos, these are all videos that I released at that |
260 | 00:22:29 --> 00:22:36 | time. So you can see basically the date of the discussion in the time and date |
261 | 00:22:36 --> 00:22:42 | of the marketplace I was referring to at the time. They're all videos, but people |
262 | 00:22:42 --> 00:22:47 | are trying to sell them to people that are just so wanting to buy it and get |
263 | 00:22:47 --> 00:22:52 | in. Don't do that. Just come to my YouTube channel and you can watch them |
264 | 00:22:52 --> 00:22:57 | for free. I'm gonna release them daily, and study them at that pace. Okay? |
265 | 00:22:58 --> 00:23:00 | There, there'll be people out there that want to try to sell it to you all in one |
266 | 00:23:00 --> 00:23:03 | big block. Right now, you're a fool if you do that, because I'm literally gonna |
267 | 00:23:03 --> 00:23:08 | upload every single thing. There's no reason for you to be making these people |
268 | 00:23:08 --> 00:23:12 | rich selling my life's work. Okay? Because I'm giving it to you for free. |
269 | 00:23:12 --> 00:23:17 | It was abused, I had lots of people join in the last 2021 mentorship. And that's |
270 | 00:23:17 --> 00:23:23 | where the biggest form of piracy came. Okay, most of those pirates, I caught |
271 | 00:23:23 --> 00:23:26 | most of them. I still have a few of them. They're in my mentorship right |
272 | 00:23:26 --> 00:23:29 | now. And that's why I don't make videos for them. I do not make videos, I allow |
273 | 00:23:29 --> 00:23:35 | them to ask me questions, I share things. When I do an execution video on |
274 | 00:23:35 --> 00:23:39 | YouTube, I will ask them if they have any questions pertaining to that. But |
275 | 00:23:39 --> 00:23:42 | there's no way anyone's going to sell anything from my private mentorship ever |
276 | 00:23:42 --> 00:23:47 | again, because I wouldn't allow for it. And I've taken their meal ticket away. I |
277 | 00:23:47 --> 00:23:52 | mean, many people around the world rich just by selling my videos. Because when |
278 | 00:23:52 --> 00:23:55 | I closed the door and said I'm not gonna have a mentorship anymore, that created |
279 | 00:23:55 --> 00:24:00 | demand. And that demand is insatiable, because they all know what I'm doing |
280 | 00:24:00 --> 00:24:03 | works. And it's nothing like anything they've ever seen before. It's not like |
281 | 00:24:03 --> 00:24:09 | golf. It's not game. It's not anything like Elliott Wave. It's not harmonic, |
282 | 00:24:09 --> 00:24:13 | none of that stuff. And nobody else can do it to the degree that I'm able to |
283 | 00:24:13 --> 00:24:19 | illustrate it, because I authored it. So watch the sensitivity here at the top |
284 | 00:24:19 --> 00:24:24 | end of that inversion fair Vega. You should be respecting that. We shouldn't |
285 | 00:24:24 --> 00:24:28 | see it trade above like it did here. We shouldn't see it here or any other |
286 | 00:24:28 --> 00:24:32 | subsequent candles should start rolling over aggressively. This is one more |
287 | 00:24:32 --> 00:24:36 | chance where smart money starts to really add into their short positions is |
288 | 00:24:36 --> 00:24:44 | what's really occurring. But I take great pleasure in knowing that I'm |
289 | 00:24:44 --> 00:24:47 | denying these individuals of selling something they didn't work for. They |
290 | 00:24:47 --> 00:24:51 | didn't earn they don't have any right to and when they cry to me in my comment |
291 | 00:24:51 --> 00:24:54 | section or send me threatening emails. I want you to know I want you to listen |
292 | 00:24:54 --> 00:24:59 | closely. Go fuck yourself. It gives me great pleasure. And literally I'm turned |
293 | 00:24:59 --> 00:25:02 | on by the If you're pissed off that I'm taking your ability to sell my stuff. |
294 | 00:25:05 --> 00:25:10 | I'd love it. Because whether you paid attention or not, I can do this. And I |
295 | 00:25:10 --> 00:25:13 | don't need to sell mentorships. Okay, the proof that I don't need to do is |
296 | 00:25:13 --> 00:25:17 | because I'm giving it away for free. Instead of trying to create new |
297 | 00:25:17 --> 00:25:21 | mentorships and selling new services and new things to get people send me money. |
298 | 00:25:21 --> 00:25:25 | I don't need you to do that. Okay, I can sit out here any given day and do this |
299 | 00:25:25 --> 00:25:32 | every single day, where you have to guess and make up excuses why your stuff |
300 | 00:25:32 --> 00:25:37 | didn't work. It's random price actions random. No, it's not. It's not random. |
301 | 00:25:38 --> 00:25:45 | I'm not a Rando. Okay, the market is not random to me either. So I'm in tune with |
302 | 00:25:45 --> 00:25:50 | price action. And if I do it wrong, I own it. I did it wrong. My methods are |
303 | 00:25:50 --> 00:25:54 | not broken. My concepts are not broken. The algorithm is not repricing and |
304 | 00:25:54 --> 00:25:58 | recalibrating, to make allowances for the things I'm trying to do. And I have |
305 | 00:25:58 --> 00:26:01 | things that I haven't even taught and never will teach that I have weapons |
306 | 00:26:01 --> 00:26:06 | that this world has never seen before. This is the least of the things I've |
307 | 00:26:06 --> 00:26:12 | ever taught. This is just looking at how the market will book price. But there |
308 | 00:26:12 --> 00:26:16 | are things that the market will see lots of work in this volume of balance, let |
309 | 00:26:16 --> 00:26:24 | me take a break from a job earning here and add some more detail. See how it's |
310 | 00:26:24 --> 00:26:29 | working. And I'm gonna see it accelerate down below here and reach below that low |
311 | 00:26:29 --> 00:26:33 | and dig in. And I don't want to see it stall at the consequent encroachment of |
312 | 00:26:33 --> 00:26:41 | that wick, which is a Michigan I don't want to see it stall at that level, I |
313 | 00:26:41 --> 00:26:44 | want to see it pierced through don't even waste any time new meandering |
314 | 00:26:44 --> 00:26:54 | around it, go through that low. That's what I want. Okay, so the, the pleasure |
315 | 00:26:54 --> 00:26:59 | I'm having right now have seen people that have been selling my stuff not have |
316 | 00:27:00 --> 00:27:05 | the venue to be able to do that anymore. It's just, it's delicious. It's really |
317 | 00:27:05 --> 00:27:13 | delicious. One more time to the bottom of that fear, you guys are there ready |
318 | 00:27:13 --> 00:27:19 | yet? I'll prove it. Going short, one more there. |
319 | 00:27:26 --> 00:27:30 | And when you're studying, you want to look at it like this. And while I don't |
320 | 00:27:30 --> 00:27:35 | have all the details on the chart, when I'm trading without teaching, like I |
321 | 00:27:35 --> 00:27:39 | don't like having all this stuff on the chart, it's highly destructive to me. |
322 | 00:27:39 --> 00:27:43 | But I know you as students, you require these types of things because their |
323 | 00:27:43 --> 00:27:48 | visual aids, and I know that there was a time when I would have really learned a |
324 | 00:27:48 --> 00:27:55 | lot by having this. So it takes a great deal of flexibility on my part to to |
325 | 00:27:55 --> 00:27:58 | endure having this stuff on my chart, because I don't employ it when I'm |
326 | 00:27:58 --> 00:28:05 | trading. But I also know that you know, it's, it's beneficial to you. Scrub this |
327 | 00:28:05 --> 00:28:11 | one more time. So you can see how we worked where this liquidity was okay? |
328 | 00:28:12 --> 00:28:17 | When the markets in consolidation, but it's holding a directional bias which is |
329 | 00:28:17 --> 00:28:23 | bearish. When there is a pool of liquidity that's been purged. You need |
330 | 00:28:23 --> 00:28:27 | to extend them forward because they they will be reused. There's like a fair |
331 | 00:28:27 --> 00:28:31 | Vega. This is how, you know the markets algorithmic it's it's continuously |
332 | 00:28:31 --> 00:28:35 | referring back to this level here. Why? Because it doesn't know how many |
333 | 00:28:35 --> 00:28:40 | contracts are there. It doesn't doesn't know that. So it will continuously keep |
334 | 00:28:40 --> 00:28:45 | revisiting that level. And sweeping above it like it's done all through here |
335 | 00:28:45 --> 00:28:49 | all through here. It's swept the button the last time was right there. Okay. |
336 | 00:28:50 --> 00:28:57 | Because it's not aware of the number of contracts, which is always going to be a |
337 | 00:28:57 --> 00:29:02 | fluctuating number. It can't, it can't go back in time. And I think for people |
338 | 00:29:02 --> 00:29:05 | that are a programmers, it had understanding this is gonna make perfect |
339 | 00:29:05 --> 00:29:08 | sense to you. But for the folks that don't understand programming, |
340 | 00:29:08 --> 00:29:13 | programming or understanding how data in arrays are used for the purposes of |
341 | 00:29:13 --> 00:29:19 | drawing information, to have a program perform a function, or produce an output |
342 | 00:29:19 --> 00:29:29 | that this will escape them. But because there is a ever changing amount of |
343 | 00:29:29 --> 00:29:36 | orders in any given time. If the algorithm was for the sake of folks that |
344 | 00:29:36 --> 00:29:43 | don't believe there's an algorithm, okay? If there isn't an algorithm then |
345 | 00:29:44 --> 00:29:49 | you have to concede and say the market is completely random, and it's all |
346 | 00:29:49 --> 00:29:54 | buying selling pressure. Okay? Put that put that opinion, a group of individuals |
347 | 00:29:54 --> 00:29:59 | to the side because you nobody's gonna convince them otherwise. But for the |
348 | 00:29:59 --> 00:30:01 | folks that are on the fence about whether or not the markets are operated |
349 | 00:30:01 --> 00:30:07 | and ran by an algorithm in if I'm going to teach you the premise that okay, if |
350 | 00:30:07 --> 00:30:12 | price is going to be referred to a specific price, during a specific time |
351 | 00:30:12 --> 00:30:20 | What time 830 or 830 is here, where was the liquidity at above here, it ran it |
352 | 00:30:20 --> 00:30:23 | but just shallow just above this high wind just above that by a little bit. |
353 | 00:30:24 --> 00:30:29 | And then it created this smooth area. See that. So the markets done what it's |
354 | 00:30:30 --> 00:30:36 | instilled the sense of, Well, this is resistance. So let's get short sell off |
355 | 00:30:36 --> 00:30:40 | within reach in reach and reach in reach, because it started with this |
356 | 00:30:40 --> 00:30:48 | high. So the initial high, that's using to build the basis of where is liquidity |
357 | 00:30:49 --> 00:30:54 | for the sake of running by stops, that's what the algorithm does. And it's going |
358 | 00:30:54 --> 00:30:57 | to keep referring to that price point, because it doesn't know how many |
359 | 00:30:57 --> 00:31:01 | contracts are resting above it during here. It doesn't know how many contracts |
360 | 00:31:01 --> 00:31:05 | are resting above it here, in here in the form of BizStats, it doesn't need to |
361 | 00:31:05 --> 00:31:10 | know, it's easier to code it referring back to that price point right there for |
362 | 00:31:10 --> 00:31:16 | the purposes of defining where buyside would reside. See how easy that is? Now |
363 | 00:31:16 --> 00:31:21 | from a tongue twister, from a programmers perspective, that makes such |
364 | 00:31:21 --> 00:31:26 | an easy task for a coder? Oh, well, I don't need to do all the calculations |
365 | 00:31:26 --> 00:31:30 | and how many times I have to refer back to the price level here to see how many |
366 | 00:31:30 --> 00:31:34 | orders are there? How many times is it going to go back to this price, you |
367 | 00:31:34 --> 00:31:42 | created so many reasons for additional coding, that's not necessary. It's not |
368 | 00:31:42 --> 00:31:47 | necessary, you just need to be able to define things by time, Dave, things have |
369 | 00:31:47 --> 00:31:53 | to be done by time. So it refers back to this high right there. And it will |
370 | 00:31:53 --> 00:31:59 | continuously keep running that level right there continuously, until it gets |
371 | 00:31:59 --> 00:32:05 | to a time of day where the algorithm will be permitted to spool and start |
372 | 00:32:05 --> 00:32:10 | running for the underlying directional premise that it's operating under. So |
373 | 00:32:10 --> 00:32:18 | all this is all building, building rather, the context that retail should |
374 | 00:32:18 --> 00:32:24 | go long, and they're punishing anyone short. Anyone that trailed your stop |
375 | 00:32:24 --> 00:32:29 | loss here are here, they've been swept the bodies I'm looking at it. And here I |
376 | 00:32:29 --> 00:32:34 | want to see it kind of state closest inversion fair Vega, and allowing for a |
377 | 00:32:34 --> 00:32:37 | little bit more Outside the Lines coloring because it's the last trading |
378 | 00:32:37 --> 00:32:41 | day of the year and the last trading day of the month. But what now look at what |
379 | 00:32:41 --> 00:32:46 | they've done. They've maintained these lows right here. So what are they |
380 | 00:32:46 --> 00:32:53 | selling to the retail crowd that this is support to that. So this is retail |
381 | 00:32:53 --> 00:33:04 | support. I don't believe it's support. But this is where retail buyers police |
382 | 00:33:04 --> 00:33:05 | sell stops |
383 | 00:33:11 --> 00:33:14 | in the anticipate price going higher, I don't. |
384 | 00:33:29 --> 00:33:35 | Hurry to seize this bull flagging. I don't. |
385 | 00:33:41 --> 00:33:46 | Additionally, one, let me leave it for the book, you're starting to realize he |
386 | 00:33:46 --> 00:33:50 | didn't want to, if I put it out here, what's going to happen is is Joe Schmoe |
387 | 00:33:50 --> 00:33:54 | in SR, saying he's going to be taking yourself over to Amazon and writing |
388 | 00:33:54 --> 00:33:59 | books and putting it in their impartial form. And it's going to create a buzz. |
389 | 00:33:59 --> 00:34:03 | And it's going to feel like they have more insight because they were maybe |
390 | 00:34:03 --> 00:34:10 | part of a group of students that we're not getting the same level of content |
391 | 00:34:10 --> 00:34:14 | that I'm making public now. They were getting super secret lessons. And we get |
392 | 00:34:14 --> 00:34:17 | clout when it was undeserved. So like I said, there's a lot of things I'm |
393 | 00:34:17 --> 00:34:22 | reserving for the books. But you don't need those books to learn how to trade I |
394 | 00:34:22 --> 00:34:26 | would literally just give you month, that month, but model one of the charter |
395 | 00:34:26 --> 00:34:33 | level, which is a complete, complete rundown of what to look for how to trade |
396 | 00:34:33 --> 00:34:37 | it, what the details are behind it, why it works. I'll give you algorithmic |
397 | 00:34:37 --> 00:34:43 | theory, how it works in concert with how the algorithm books and delivers price. |
398 | 00:34:43 --> 00:34:47 | And to give you a complete trading plan all the way down to the money management |
399 | 00:34:47 --> 00:34:53 | aspects of it. You have zero excuses now zero. It's an easy model. And it was the |
400 | 00:34:53 --> 00:34:57 | precursor to what you've seen and learn from as the model 2020. Like I told my |
401 | 00:34:57 --> 00:35:01 | students, I mean some of them were you Have all bent out of shape. Oh, you're |
402 | 00:35:01 --> 00:35:04 | teaching for free. You should have taught this in mentorship. I told him, I |
403 | 00:35:04 --> 00:35:08 | said, I did teach it. But because you don't listen, you don't study, you don't |
404 | 00:35:08 --> 00:35:14 | even recognize it. I mean, come on, I mean, at some point, you're gonna have |
405 | 00:35:14 --> 00:35:17 | to submit to the idea that you're being lazy, and you haven't been a good |
406 | 00:35:17 --> 00:35:21 | student. So if that's offensive to some of you, and I'll just leave it to you to |
407 | 00:35:21 --> 00:35:28 | work yourself through that. But you can see we did a lot of damage working on |
408 | 00:35:28 --> 00:35:31 | here trying to get people to, to buy. So now what is it going to do is going to |
409 | 00:35:31 --> 00:35:37 | run against these retail moms that have their protective cell stop there. And |
410 | 00:35:37 --> 00:35:42 | what that will do is, it'll be like rocket fuel to spur on more selling |
411 | 00:35:42 --> 00:35:52 | between these lows in this low. So you want to study how price starts to dig |
412 | 00:35:52 --> 00:36:04 | into this range? Here, that will highlight in a light green. Okay, so |
413 | 00:36:04 --> 00:36:09 | there's layered cell stops. Because people that are long, someone's long |
414 | 00:36:09 --> 00:36:13 | from here, someone's long from here, they're going to eat into all this to |
415 | 00:36:13 --> 00:36:17 | get down to here. And then I would like to see it get below here and accelerate |
416 | 00:36:17 --> 00:36:26 | aggressively down below here. And because we have 14 contracts, that's |
417 | 00:36:27 --> 00:36:42 | let's go with one about here. Okay, so leaving 10 contracts short. Once it |
418 | 00:36:42 --> 00:36:47 | takes this low out and gives me my first partial, the stop will be rolled down to |
419 | 00:36:47 --> 00:36:54 | cover cost and lock in. So right there. See, we just did we, you snuck the low |
420 | 00:36:55 --> 00:37:00 | right here now want to see it aggressively expand lower big candles, |
421 | 00:37:00 --> 00:37:04 | and then it'll leave those traders here that are caught net long, holding the |
422 | 00:37:04 --> 00:37:10 | bag. In the bag they're holding isn't the one that's for money. It's the bag |
423 | 00:37:10 --> 00:37:13 | that has their money in it with a hole in the bottom of it. And it's going into |
424 | 00:37:13 --> 00:37:22 | the hands of smart money. Oh, he's talking like he's trading real money. |
425 | 00:37:22 --> 00:37:26 | He's got demo trading paper trading right in front of everybody's teaching |
426 | 00:37:26 --> 00:37:30 | from a paper trading account because he doesn't have trade. Is the market |
427 | 00:37:30 --> 00:37:35 | behaving? Like I said it should, of course. Is it giving you all the |
428 | 00:37:36 --> 00:37:40 | reluctance initially Yes, because it's the last trading day of the month. Here |
429 | 00:37:40 --> 00:37:46 | comes at first partial and it's going to book market open market replay. |
430 | 00:37:56 --> 00:37:59 | And rollover. |
431 | 00:38:04 --> 00:38:08 | It's working that wick, you went below it, like I wanted to see it too. But |
432 | 00:38:08 --> 00:38:14 | this this wick right in here, that's what it's behaving around right now. So |
433 | 00:38:14 --> 00:38:19 | you're still in here's our first partial. And here comes that rolled stop |
434 | 00:38:19 --> 00:38:24 | loss to cover costs. And here comes the other buy limit filling and right below |
435 | 00:38:24 --> 00:38:43 | here. We'll take six of them off below here. Okay. It's funny how this stuff |
436 | 00:38:43 --> 00:38:48 | works in it. So much like I know what I'm doing. It's almost like I do |
437 | 00:38:48 --> 00:38:55 | whatever I want without your approval. So whenever it gets that close like |
438 | 00:38:55 --> 00:39:00 | that, and leaves it there, that like sells the idea that oh, yeah, this is |
439 | 00:39:00 --> 00:39:03 | the real support. So retail will come and say, Oh, I got it wrong, I just |
440 | 00:39:03 --> 00:39:07 | bought it too soon, they only go in here and buy it now and I'll put my stop loss |
441 | 00:39:07 --> 00:39:12 | below that low. Exactly what they want them to do. And this needs to be a |
442 | 00:39:12 --> 00:39:19 | little bit deeper because it's going to run further. Okay, and you'll see me |
443 | 00:39:19 --> 00:39:24 | pocket a little bit more of this pseudo bread |
444 | 00:39:30 --> 00:39:34 | these are one of those lessons where you know, when you see it done, it's real, |
445 | 00:39:34 --> 00:39:40 | real hard. Work, that volume imbalance right there again. That's all saying |
446 | 00:39:40 --> 00:39:45 | look forward to a roll and get these thoughts. But the you won't appreciate |
447 | 00:39:45 --> 00:39:49 | this stuff. You know, until you start doing it in your own hands and |
448 | 00:39:49 --> 00:39:54 | discovering you know, how the market absolutely is algorithmic? It's |
449 | 00:39:54 --> 00:40:02 | absolutely controlled. The difficult parts in what As I teach and what makes |
450 | 00:40:02 --> 00:40:04 | it hard for me as a teacher, because there's something I'm not allowed to |
451 | 00:40:04 --> 00:40:08 | teach you, those things are frustrating when I mentioned it, but I also have to |
452 | 00:40:08 --> 00:40:14 | mention it because you don't understand how hard it is to teach and create a |
453 | 00:40:14 --> 00:40:22 | language. Knowing that there are here areas where if I could free, if I could |
454 | 00:40:22 --> 00:40:28 | speak freely, then obviously it would be a whole lot easier for me to turn people |
455 | 00:40:28 --> 00:40:33 | out there and make them profitable within a very short span of time and |
456 | 00:40:33 --> 00:40:40 | difficulty in overcoming a lot of the barriers that you have would be reduced, |
457 | 00:40:40 --> 00:40:48 | not entirely but reduced, notably, but if you're if you're held to a standard, |
458 | 00:40:48 --> 00:40:55 | you are not supposed to do this, okay. years ago, now, I'm gonna date myself, |
459 | 00:40:55 --> 00:41:01 | but I really been very candid. until everybody I'm in my 50s Now, years ago, |
460 | 00:41:01 --> 00:41:07 | Coca Cola and Pepsi had a really, really nasty war with one another. It was fun |
461 | 00:41:07 --> 00:41:15 | to watch but Pepsi and cokes formula you Pepsi is that like a real real sweet |
462 | 00:41:15 --> 00:41:20 | sickeningly sweet, but when I was when I was a kid, a child, I preferred Pepsi |
463 | 00:41:20 --> 00:41:26 | over Coke, coke to me tasted too mature to the it was like battery acid to me. |
464 | 00:41:28 --> 00:41:37 | So I favorite Pepsi in Coca Cola. And Pepsi got into this feud, where one |
465 | 00:41:37 --> 00:41:41 | said, Well, I'm gonna get as close as I can to your formula, because they had |
466 | 00:41:41 --> 00:41:48 | their formula. They had it. So they ended up creating a blend of the |
467 | 00:41:49 --> 00:41:55 | opposition's soda. And they said, here it is New Coke. But it was basically |
468 | 00:41:55 --> 00:42:02 | Pepsi. They were like, What is this this is basically Pepsi, putting cokes label |
469 | 00:42:02 --> 00:42:06 | on it and Coco Santa capitalize on Pepsi's recipe, calling it New Coke, but |
470 | 00:42:06 --> 00:42:10 | it was Pepsi. And it caused a lot of backlash and stuff. It was fun looking |
471 | 00:42:10 --> 00:42:16 | at it, but the the things I know, okay, the things I'm not going to teach you |
472 | 00:42:16 --> 00:42:20 | things I'm not going to ever teach you. They won't be in my book. So don't let |
473 | 00:42:20 --> 00:42:23 | that be an inspiration to buy my books. Because I'm not teaching in Nigma. I'm |
474 | 00:42:23 --> 00:42:26 | not teaching you all the things that I'm not allowed to teach in the book, it |
475 | 00:42:26 --> 00:42:30 | won't be secret messages encoded languages for you to try to decipher |
476 | 00:42:30 --> 00:42:37 | that. None of that is what's occurring. So it's just me codifying in print form. |
477 | 00:42:38 --> 00:42:42 | These are my concepts. This is the language I had to create that bridges |
478 | 00:42:42 --> 00:42:46 | the void between what you think you know about the markets and what people think |
479 | 00:42:46 --> 00:42:51 | that causes the market to book a specific way and delivery versus what |
480 | 00:42:51 --> 00:42:57 | really goes on. Can't go back into anything. Not Wycoff, not Elliott, wave, |
481 | 00:42:57 --> 00:43:02 | not Hearst, not harmonic anything, nothing, nothing can take you to the |
482 | 00:43:02 --> 00:43:08 | details, like I've shown you here. The logic of using this high here, and how |
483 | 00:43:08 --> 00:43:12 | the algorithm will reprice Bay back to that time, that time is what it's |
484 | 00:43:12 --> 00:43:18 | referring to. That's how it builds the basis of okay, I'm going to identify, |
485 | 00:43:18 --> 00:43:20 | I'm going to personify the, the algorithm, I'm going to make it like a |
486 | 00:43:20 --> 00:43:26 | person so you can understand what it is. It's thinking is thinking, Okay, well, |
487 | 00:43:26 --> 00:43:33 | I'm gonna go to this level here. And I will keep sweeping that high. Keep |
488 | 00:43:33 --> 00:43:37 | sweeping it over and over and over again, I will generate relatively equal |
489 | 00:43:37 --> 00:43:42 | lows to get buyers, they're less informed. Here comes my partial here |
490 | 00:43:49 --> 00:43:53 | Stop teasing, you know, you're gonna give it to him. Come the daddy, thank |
491 | 00:43:53 --> 00:43:59 | you so much, sweetheart. Alright, so when it refers to these price points |
492 | 00:43:59 --> 00:44:08 | like this, it is the eliminating all the difficulty over managing every body |
493 | 00:44:08 --> 00:44:14 | system. No matter what you do in terms of trading, if you're financially |
494 | 00:44:14 --> 00:44:19 | responsible, you're going to put place a stop loss to protect your position. |
495 | 00:44:20 --> 00:44:27 | Okay. And every system, every methodology uses a protective stop on a |
496 | 00:44:27 --> 00:44:33 | short, it's above some measure of a high. So what the algorithm does, its |
497 | 00:44:33 --> 00:44:41 | coded to present it to you as a red herring. That is, this is the thing that |
498 | 00:44:41 --> 00:44:46 | you can trust because it's not going above it. So it's painting, price action |
499 | 00:44:47 --> 00:44:51 | in the form of retail resistance because that's what the books have done. What |
500 | 00:44:51 --> 00:44:56 | they have poisoned your mind. They've given you a perspective on price action. |
501 | 00:44:56 --> 00:45:00 | That is not true, but you're going to hold it in guarded and protect have to |
502 | 00:45:00 --> 00:45:02 | defend it against people like me that spit on it and say it's a bunch of |
503 | 00:45:02 --> 00:45:08 | bullshit. When it can't deliver this level of precision, this foresight, the |
504 | 00:45:08 --> 00:45:11 | understanding of what it's going to do, why it's going to do it when it's going |
505 | 00:45:11 --> 00:45:15 | to do it, how it's going to do it. Look at the bodies of the candles here |
506 | 00:45:15 --> 00:45:20 | respecting the immersion fair, Vega. Can't find that in Elliott, we can't |
507 | 00:45:20 --> 00:45:31 | find that in. Jan. It's not in anything else, folks. It's not because I'm |
508 | 00:45:31 --> 00:45:36 | surprised. Aren't you surprised? Look at this. Why is the market doing this? I'm |
509 | 00:45:36 --> 00:45:44 | completely stumped. completely shocked. On on do that. Alright, so we bought one |
510 | 00:45:44 --> 00:45:49 | more there? Am I stop staying way up there see that? Am I worried about |
511 | 00:45:49 --> 00:45:54 | getting stopped out? No. It what happens if it reverses and shoots up there with |
512 | 00:45:54 --> 00:45:58 | a meteoric rise and stopped me out? I'm gonna feel like a foreign No, because |
513 | 00:45:58 --> 00:46:03 | I've banked more most of my position. I could care less, but I have something in |
514 | 00:46:03 --> 00:46:10 | here running. Right. So I want to see it sweep the 40 level. And I'll have two |
515 | 00:46:10 --> 00:46:17 | contracts remaining at that point. And a little bit more honey, just a little bit |
516 | 00:46:17 --> 00:46:18 | more getting to 34. |
517 | 00:46:26 --> 00:46:31 | It's fun. It's fun when you know the winning lottery numbers. Thank you so |
518 | 00:46:31 --> 00:46:35 | much. It didn't give me that they're nice. But that's okay. But that's okay. |
519 | 00:46:36 --> 00:46:42 | It's close enough for government work, right? So when you look at things like |
520 | 00:46:42 --> 00:46:49 | this, and you're left with Well, yeah, he really wasn't doing those things that |
521 | 00:46:49 --> 00:46:53 | other people were saying. He really didn't, he didn't really employ Market |
522 | 00:46:53 --> 00:46:56 | Replay. And he really did call everything before it happened. And he |
523 | 00:46:56 --> 00:47:00 | really has only been talking about this one chart. So even if he did have 12 |
524 | 00:47:00 --> 00:47:05 | different laptops, which in Jesus name, I don't have don't have that. My |
525 | 00:47:05 --> 00:47:08 | attention span is so short, it's very hard for me to focus and manage the |
526 | 00:47:10 --> 00:47:14 | delivery when I'm talking to you about when I'm doing these things. Plus, I'm |
527 | 00:47:14 --> 00:47:17 | having to look past all these annotations that you find helpful, but |
528 | 00:47:17 --> 00:47:21 | to me, they're very distracting. Because they're hiding. Sometimes you know, |
529 | 00:47:21 --> 00:47:26 | where my focus should be. Going right below that lows. I want to add one more |
530 | 00:47:26 --> 00:47:33 | exit below that because I want just one contract to manage and worry about. And |
531 | 00:47:33 --> 00:47:43 | I'm going to roll this now below this gap. Because if it comes back up here, I |
532 | 00:47:43 --> 00:47:46 | don't want to be in it because it's going to go up to this point here. So I |
533 | 00:47:46 --> 00:47:53 | have literally framed out the logic of what I expected to see happen in the |
534 | 00:47:53 --> 00:47:57 | marketplace. The marketplace has consolidated it was all time distortion, |
535 | 00:47:57 --> 00:48:02 | like I was talking about when we got to 1030 What is that one full hour of |
536 | 00:48:02 --> 00:48:09 | trading? one full hour of trading. And just make that a notation in your |
537 | 00:48:09 --> 00:48:15 | journal, because I will be talking about that extensively in the books. Because |
538 | 00:48:15 --> 00:48:19 | there's a measure of time, that has to be implemented around specific |
539 | 00:48:19 --> 00:48:25 | characteristics and conditions in the marketplace. That has to happen after 60 |
540 | 00:48:25 --> 00:48:31 | minutes. Okay, opening bells at 930. Okay, one hour after that is what 1030 |
541 | 00:48:31 --> 00:48:34 | In New York local time. And that's why you're seeing the market start to spool |
542 | 00:48:34 --> 00:48:37 | right there. Remember, I was walking through so they see this as both |
543 | 00:48:37 --> 00:48:42 | lagging, I don't fake both legs at all. I teach in the core content. |
544 | 00:48:43 --> 00:48:48 | Incidentally, I've thought about doing a video. But I'm really not trying to do |
545 | 00:48:49 --> 00:48:52 | videos after this one. I mean, I have lots of videos, I'm gonna be uploading, |
546 | 00:48:52 --> 00:48:56 | obviously, but they're already pre reduced from pre produced in terms of |
547 | 00:48:57 --> 00:49:01 | mentorship level. Here, you're asking me, how can you join my private |
548 | 00:49:01 --> 00:49:06 | mentorship? Well, this is what you do. You literally go to the YouTube channel |
549 | 00:49:06 --> 00:49:11 | and you go to the playlist that say, ICT, private mentorship, month one, |
550 | 00:49:11 --> 00:49:17 | that's core content, you start learning there and you go to private mentorship, |
551 | 00:49:17 --> 00:49:21 | month two, they're all individual playlists, and you go through them at |
552 | 00:49:21 --> 00:49:25 | your own pace. You don't try to devour them all on one weekend or one week or |
553 | 00:49:25 --> 00:49:28 | one month. Do not treat it like Netflix because you will not learn properly that |
554 | 00:49:28 --> 00:49:34 | way. Okay. If you're looking for I hit the ground running model, you can do |
555 | 00:49:34 --> 00:49:38 | that with the silver bullet. You can do that with the model swing 22 If you want |
556 | 00:49:38 --> 00:49:42 | to know more details that were left out of the presentation that I reduced it |
557 | 00:49:42 --> 00:49:49 | down to just the bare brass in the 2022 mentorship video playlist, which is 41 |
558 | 00:49:49 --> 00:49:57 | videos. All the details the intricate details that were behind that model was |
559 | 00:49:57 --> 00:50:03 | my model number one in core content In some of my private students didn't even |
560 | 00:50:03 --> 00:50:07 | recognize it. And even some of the other members that are charter. They were |
561 | 00:50:07 --> 00:50:09 | trying to tell them he's already taught this. Why are you upset because they |
562 | 00:50:09 --> 00:50:12 | were mad, I was teaching for free. They're like, Oh, we paid for this. |
563 | 00:50:13 --> 00:50:16 | Like, literally, I gave it to you, and you still weren't using it, you didn't |
564 | 00:50:16 --> 00:50:20 | do anything with it. But when other people are selling my stuff outright, |
565 | 00:50:20 --> 00:50:23 | just the videos themselves to selling it, and that they didn't do the work of |
566 | 00:50:23 --> 00:50:28 | at least making their own video and typing it out and making their own |
567 | 00:50:28 --> 00:50:33 | slides and doing their own video presentation. And in in charting, they |
568 | 00:50:33 --> 00:50:35 | just said, I'm just going to sell what he's already done. That's why most of |
569 | 00:50:35 --> 00:50:40 | you that are scammers, they were asking me, Can you give it to me in Hindi? Can |
570 | 00:50:40 --> 00:50:43 | you give it to me in Russian can give it to me in Chinese and Japanese? Because |
571 | 00:50:43 --> 00:50:45 | then it would have been an easy thing for you to simply throw it out there for |
572 | 00:50:45 --> 00:50:50 | sale? no work at all? None. No, you want it in your own language. You can do it |
573 | 00:50:50 --> 00:50:54 | right here on YouTube, do the auto translation, and you'll see it come up |
574 | 00:50:54 --> 00:51:04 | in your language. Okay. But the idea of saying that this stuff doesn't work way |
575 | 00:51:04 --> 00:51:09 | past that now. We're way past that. And we're way past anything being able to |
576 | 00:51:09 --> 00:51:13 | falsely attributed to oh, I renamed something so me where I renamed anything |
577 | 00:51:13 --> 00:51:18 | in here. And if it's simply that, why aren't those people that trade like that |
578 | 00:51:18 --> 00:51:22 | able to do what you see me do? Why are they doing it? Why aren't they giving |
579 | 00:51:22 --> 00:51:27 | their stuff away for free? Why aren't they doing that? Because they can't they |
580 | 00:51:27 --> 00:51:31 | need to survive on that. Okay. Mr. Whelan, I told you there was sellside |
581 | 00:51:31 --> 00:51:36 | liquidity below 17,000. You're about to see that deliver some. |
582 | 00:51:43 --> 00:51:48 | Twist in life, ICT ever so slowly? As much as I would love to sit here and |
583 | 00:51:48 --> 00:51:53 | have fun and do this the rest of the rest of the day. I'm just gonna do this |
584 | 00:51:53 --> 00:51:57 | and be content with it. Okay. Pay attention, Patrick, because you will be |
585 | 00:51:57 --> 00:52:02 | paying me that $250,000 If you have it. If you have it next Christmas. I'll come |
586 | 00:52:02 --> 00:52:06 | to your house. I'll even bring you a gift a housewarming gift. Okay, it'll be |
587 | 00:52:06 --> 00:52:09 | delayed. You do? Let me sit on your boat. I don't want to go out there |
588 | 00:52:09 --> 00:52:15 | because I'll get boat sick. Yeah, was it motion sickness, but you're gonna have |
589 | 00:52:15 --> 00:52:24 | to name your boat margin call by ICT like that, it just comes off the cuff. I |
590 | 00:52:24 --> 00:52:31 | don't know where it comes from. It's a gift. I don't know. I don't know. You |
591 | 00:52:31 --> 00:52:36 | know, I'm rooting for you, man. You rag me all the time, which is fun. It's fun. |
592 | 00:52:38 --> 00:52:42 | But trust me when I tell you, you have no idea. |
593 | 00:52:54 --> 00:52:57 | So you might be looking at this thinking, Well, if you thought I was |
594 | 00:52:57 --> 00:53:02 | gonna be on the 17,000. Why do you take all these partials? Because I wanted you |
595 | 00:53:02 --> 00:53:07 | to have the ending of this gave you I wanted to close this year out with a |
596 | 00:53:07 --> 00:53:15 | little bullet point. When I say something, when I say it a meaning. When |
597 | 00:53:15 --> 00:53:22 | I call for something in my context, not yours. When I call for it, it will be |
598 | 00:53:22 --> 00:53:29 | delivered. It will be handed to me on a silver platter. Here it is, sir. Sorry |
599 | 00:53:29 --> 00:53:35 | for your wheat. No problem. I'm not worried about what the market is going |
600 | 00:53:35 --> 00:53:40 | to do next year. I know what the markets going to do next year. I know what days |
601 | 00:53:40 --> 00:53:46 | of any given week, what that market is going to do. It's going to do what it's |
602 | 00:53:46 --> 00:53:52 | coded to do. How many times you have to see it illustrated to see who knows |
603 | 00:53:52 --> 00:53:59 | what, who knows what. Who knows what's going on. When things are going to |
604 | 00:53:59 --> 00:54:08 | happen. You're listening to him. You're listening to but you don't listen to the |
605 | 00:54:08 --> 00:54:16 | advice on how to improve. And you make excuses why you don't want to listen. |
606 | 00:54:16 --> 00:54:20 | You listen to people making a bullshit documentaries that don't do anything |
607 | 00:54:20 --> 00:54:24 | photoshopping people that even me talking about things that I didn't even |
608 | 00:54:24 --> 00:54:34 | do. But ignoring all these things, right? Like this one account, one single |
609 | 00:54:34 --> 00:54:44 | account, bring yours because it's going to be absolutely confirmed. There is no |
610 | 00:54:44 --> 00:54:54 | excuse. None, not one excuse that you're going to have to justify why anybody |
611 | 00:54:54 --> 00:54:58 | should be sitting on the sidelines and saying yeah, no, that's that's real. |
612 | 00:54:59 --> 00:55:04 | It's all made up. were renamed if it's remained retail stuff, why isn't anybody |
613 | 00:55:04 --> 00:55:08 | else out there that trades retail able to do these types of things? Surely |
614 | 00:55:08 --> 00:55:11 | they'd be somebody out there to can do it, right? I mean, I've only been on |
615 | 00:55:11 --> 00:55:17 | this spinning rock for 52 years. Somebody has to be really, really good |
616 | 00:55:17 --> 00:55:22 | with all this retail stuff that I supposedly remained right? Why aren't |
617 | 00:55:22 --> 00:55:26 | they able to do what I'm doing? Where the outline and explain every individual |
618 | 00:55:26 --> 00:55:30 | candle why it should be presenting itself this way? Why it should deliver |
619 | 00:55:30 --> 00:55:34 | this way? Why it shouldn't do this? Why it should do that? Why it should do this |
620 | 00:55:34 --> 00:55:39 | by this time? Don't go here, but do go here. go this far, but don't go so far. |
621 | 00:55:41 --> 00:55:45 | If it's all if it's all in the retail stuff that supposedly already out there, |
622 | 00:55:45 --> 00:55:53 | and I've renamed it. If that's really the case, then why isn't there someone |
623 | 00:55:53 --> 00:55:59 | else out there doing this? They're not. They're not you hear these people in |
624 | 00:55:59 --> 00:56:02 | lifetime? You ever seen by us doing it? We're the only one doing it. This is the |
625 | 00:56:02 --> 00:56:08 | only one we're the only one doing it like this? No, no, no, stop. Hush. There |
626 | 00:56:08 --> 00:56:17 | is no one doing it. Like me, like me, okay. Like me. I've gone overboard, |
627 | 00:56:17 --> 00:56:23 | improving everything that's everybody ever asked of me. I've done it. And I'm |
628 | 00:56:23 --> 00:56:28 | gonna put the nail in the coffin and 2024. And some of you and I have |
629 | 00:56:28 --> 00:56:32 | screenshot every single person that I was able to see that said they were |
630 | 00:56:32 --> 00:56:36 | going to join the Robins cup. I got it screenshot. And when you pull it out, |
631 | 00:56:36 --> 00:56:40 | and you don't join, and you don't show up to the party, I'm going to be |
632 | 00:56:40 --> 00:56:46 | reminding everybody that you said with backhanded remarks about me or whatever |
633 | 00:56:46 --> 00:56:54 | it is I've ever taught that you didn't do it. You couldn't do it. And the |
634 | 00:56:54 --> 00:56:58 | question is going to be is why couldn't you do it? If you're selling your stuff, |
635 | 00:56:58 --> 00:57:03 | and you claim to be an amazing trader, and you're so profitable, why couldn't |
636 | 00:57:03 --> 00:57:11 | you find your way to the dance? Whenever real trader will show up? Now, I'm not |
637 | 00:57:11 --> 00:57:14 | saying that you have to break Williams record. I'm not saying that. That's |
638 | 00:57:14 --> 00:57:21 | unrealistic. Not everybody can trade that model. Okay. But if someone really |
639 | 00:57:21 --> 00:57:24 | wants to make a point that, hey, I'm worth listening to I have something that |
640 | 00:57:24 --> 00:57:30 | works. And I can make money trading, they should gladly tap dance into that |
641 | 00:57:30 --> 00:57:36 | Robins cup and make themselves known. Even if they don't win, I think that |
642 | 00:57:36 --> 00:57:41 | that's respectable. Now, you all can't see the comments. But don't you think |
643 | 00:57:41 --> 00:57:43 | that respond to me in a comment section? Don't you think that that's something |
644 | 00:57:43 --> 00:57:48 | that's, that would command respect from the audience in the community at |
645 | 00:57:48 --> 00:57:52 | largest, the trading community, anyone willing to put their skill set in a |
646 | 00:57:52 --> 00:57:58 | third party audit condition like that? Whether they win it or not, doesn't that |
647 | 00:57:58 --> 00:58:04 | at least demand a measure of respect from the community that hey, at least |
648 | 00:58:04 --> 00:58:09 | they're willing to do that. Not to people say, Oh, I'm too busy marketing. |
649 | 00:58:09 --> 00:58:14 | My other stuff. When this is the best marketing. It's the best marketing. It |
650 | 00:58:14 --> 00:58:17 | is the best marketing, because it removes any doubt because it's third |
651 | 00:58:17 --> 00:58:23 | party auditing is CFTC regulated. And when you say this is the only account, |
652 | 00:58:23 --> 00:58:27 | here's my account number. You've canceled out every unprofitable little |
653 | 00:58:27 --> 00:58:31 | bitch that wants to make documentaries and try to be another loser that can't |
654 | 00:58:31 --> 00:58:39 | trade but want to talk and flap their gums when you show only one account |
655 | 00:58:39 --> 00:58:43 | because that's the excuse already, if I win the Robins cup, it's because I |
656 | 00:58:43 --> 00:58:47 | figured out how to use multiple accounts. Suckers. Listen, it's only one |
657 | 00:58:47 --> 00:58:51 | account I'm going to use and I'm going to have Joe Robbins literally say this |
658 | 00:58:51 --> 00:58:56 | is the only account Huddleston used period, show that up your fucking ass. |
659 | 00:58:56 --> 00:59:00 | Now that worked for you. Okay, but you're all gonna say something, you're |
660 | 00:59:00 --> 00:59:03 | always gonna have some excuse. Because you're a little bitch. You don't know |
661 | 00:59:03 --> 00:59:08 | how to trade. You are financially illiterate, you hate on everything |
662 | 00:59:08 --> 00:59:13 | because you suck. The people that talk about everybody else, saying they can't |
663 | 00:59:13 --> 00:59:16 | do this. They can't do that. There's they're talking about themselves. |
664 | 00:59:17 --> 00:59:21 | They're literally talking about this on to projecting in in 2024. Ed, cut that |
665 | 00:59:21 --> 00:59:26 | cancer out. Take that completely out of your attention span. Don't even give |
666 | 00:59:26 --> 00:59:30 | time or room for people like that. If they're toxic, cut them out their |
667 | 00:59:30 --> 00:59:35 | cancer, if they're not providing to you a measure of improvement or guidance |
668 | 00:59:35 --> 00:59:40 | that gives you a sense of empowerment, cut them out. Because all they're trying |
669 | 00:59:40 --> 00:59:45 | to do is monetize your attention through negativity. Who wants to have any part |
670 | 00:59:45 --> 00:59:50 | of that? The world's already negative enough. You don't need any additional |
671 | 00:59:50 --> 00:59:55 | bullshit. It's already hard enough coping with all the nonsense that's |
672 | 00:59:55 --> 01:00:03 | going on world This looks like it wants to go a lot lower. Let me just stick to |
673 | 01:00:03 --> 01:00:07 | it. I'm expecting to go lower than 17,000. But for the sake of brevity and |
674 | 01:00:07 --> 01:00:12 | being able to have this all on the same live execution in one presentation, then |
675 | 01:00:12 --> 01:00:15 | I'll just leave it at the 17,000. Because that's what I call it for |
676 | 01:00:15 --> 01:00:25 | earlier this week. 1000 Patrick Whelan slash stream, and he I guess he doubted |
677 | 01:00:25 --> 01:00:29 | that, that liquidity, it's all about knowing when it's going to do it, |
678 | 01:00:29 --> 01:00:33 | though. Okay. And when I say there's a liquidity point that I'm interested in, |
679 | 01:00:34 --> 01:00:36 | it doesn't necessarily mean I'm going short, it just means that's where my |
680 | 01:00:36 --> 01:00:41 | focus is. And think about the context here you have last day of the year, last |
681 | 01:00:41 --> 01:00:48 | day of the month, the market has been on a wildfire run bullish from the |
682 | 01:00:48 --> 01:00:58 | beginning of December. And it's been one way. Like, it's been really one way. And |
683 | 01:00:58 --> 01:01:01 | if the smart money is going to take profit, what does that mean? They're |
684 | 01:01:01 --> 01:01:05 | going to be selling. So they're gonna be selling what every rally like I said, |
685 | 01:01:05 --> 01:01:11 | every rally is going to be a suspect rally every reason for you to anticipate |
686 | 01:01:11 --> 01:01:16 | some weakness, some inability to continue on the upside to manifest |
687 | 01:01:16 --> 01:01:21 | itself and then rotate lower and start to see a rollover in price. In essence, |
688 | 01:01:21 --> 01:01:21 | you've seen this morning |
689 | 01:01:29 --> 01:01:33 | alright, so I'm looking at this, we're in this inefficiency right here. Let me |
690 | 01:01:33 --> 01:01:40 | hide these things just for a second because little too much. So in this area |
691 | 01:01:40 --> 01:01:42 | right in here, that's where we're consolidating. |
692 | 01:01:50 --> 01:01:59 | Students keep it neutral. Because of the time it were going into 11 o'clock, it |
693 | 01:01:59 --> 01:02:04 | can retrace a little bit and go outside of this area. I'd prefer to just bump |
694 | 01:02:04 --> 01:02:08 | this make create a mohawk and then sell off, given my exit nothing new sail off |
695 | 01:02:08 --> 01:02:13 | into the weekend and in the new year with a smile on my face. Already have a |
696 | 01:02:13 --> 01:02:17 | smile on my face anyway, as you can probably hear it in the literary what |
697 | 01:02:17 --> 01:02:24 | I've been saying all morning, but the the level of retracement would be |
698 | 01:02:24 --> 01:02:28 | limited to what we have by side here that's been created with this short term |
699 | 01:02:28 --> 01:02:33 | high. I don't want to see it reach that far. Admittedly, we have an inefficiency |
700 | 01:02:33 --> 01:02:44 | here. So I don't want to see a trade back there. This low back here. I don't |
701 | 01:02:44 --> 01:02:48 | look at that as support broken now term resistance, I don't think they need to |
702 | 01:02:48 --> 01:02:51 | come back up here. If I was making the market, it would never come back up to |
703 | 01:02:51 --> 01:02:54 | that level. I would just take it just a little bit above here and then sync it. |
704 | 01:02:54 --> 01:02:59 | That's what I would do. Because you've already caught them. But the pants down |
705 | 01:02:59 --> 01:03:04 | here, net long. So all these people they're long and bought long bought |
706 | 01:03:04 --> 01:03:08 | their little bull flags, but all their little breakouts but all their little |
707 | 01:03:08 --> 01:03:16 | you know, Fibonacci retracements, their bat patterns and you whatever. They're |
708 | 01:03:16 --> 01:03:22 | being punished. And if they're trading like some allowed us naysayers without a |
709 | 01:03:22 --> 01:03:27 | stop loss in holding and holding the holding on our stop loss. They wrote all |
710 | 01:03:27 --> 01:03:31 | this way down in drawdown. And they're really sick to their stomach right now. |
711 | 01:03:32 --> 01:03:42 | And I would further punish them by sending it careening lower. But that's |
712 | 01:03:42 --> 01:03:52 | the business here. I'm gonna take all this stuff off. Because my son will be |
713 | 01:03:52 --> 01:03:56 | looking at these charts and I don't want to have any kind of visual |
714 | 01:03:56 --> 01:03:59 | representation of any of this because I want to see if you can see that in price |
715 | 01:03:59 --> 01:03:59 | action |
716 | 01:04:21 --> 01:04:29 | what does it feel like to know with a great deal of confidence, not arrogance, |
717 | 01:04:29 --> 01:04:33 | but a great deal of confidence that you have a method of going out there and |
718 | 01:04:33 --> 01:04:40 | harvesting a weekly salary, a daily salary, a monthly salary, a yearly |
719 | 01:04:40 --> 01:04:50 | salary, a lifetime a legacy wealth, a millionaire status. What does that feel |
720 | 01:04:50 --> 01:04:56 | like? That's, that's the question I have for all of you. Because some of you are |
721 | 01:04:56 --> 01:05:01 | well on your way to observing it. And I find that in yourself and your |
722 | 01:05:01 --> 01:05:09 | inability. For a lot of you, that are just starting out, that seems like an |
723 | 01:05:09 --> 01:05:14 | unreachable goal, it seems so far out of reach like it's unattainable. It's |
724 | 01:05:14 --> 01:05:20 | unattainable for you. When it is, it just means that you can't see it yet. |
725 | 01:05:21 --> 01:05:27 | When I first started in 1992, I could not see the market like this. Because it |
726 | 01:05:27 --> 01:05:31 | wasn't presented to me like this. In books, it was teaching me the very |
727 | 01:05:31 --> 01:05:37 | things that I capitalized on feeding in this very trade, all the things that you |
728 | 01:05:37 --> 01:05:42 | were seeing me do, I was fading the logic of retail traders, I was going |
729 | 01:05:42 --> 01:05:45 | against the grain of what they would see and what they would trust, and what was |
730 | 01:05:45 --> 01:05:50 | being presented to them as a means of trusting, pseudo support or resistance. |
731 | 01:05:50 --> 01:05:56 | As you can see, I do not trade support or resistance, I trade against it, I |
732 | 01:05:56 --> 01:06:03 | attack the very theory that it tries to promote the mindset that it promotes in |
733 | 01:06:03 --> 01:06:08 | traders make them feel like they can trust the level, I want them to feel |
734 | 01:06:08 --> 01:06:11 | like they can trust the level that I'm targeting. Because that makes my trade |
735 | 01:06:11 --> 01:06:17 | high probability. I want them to feel caution, and not want to take a specific |
736 | 01:06:17 --> 01:06:22 | trading direction on trading and see things one sided in their way only where |
737 | 01:06:22 --> 01:06:28 | if I can only see my trade, and I see how their retail trade would fail. In |
738 | 01:06:28 --> 01:06:33 | that same instance, I have a trade that's in high probability. If I can't |
739 | 01:06:33 --> 01:06:38 | frame my trade one sided, then I can't trade that trade with the with the |
740 | 01:06:38 --> 01:06:43 | understanding of high probability in my favor. So in my definition, high |
741 | 01:06:43 --> 01:06:50 | probability trades are only defined as such, if I can see the trade only going |
742 | 01:06:50 --> 01:06:55 | into one direction, one specific pool of liquidity or inefficiency, and there's |
743 | 01:06:55 --> 01:07:00 | nothing I can frame with context, or any of my PDA arrays, that would give me the |
744 | 01:07:00 --> 01:07:06 | opposite side and other direction. That's that's the reality. If I can see |
745 | 01:07:06 --> 01:07:11 | the market like that, I'm all over it like white on rice. And there's nothing |
746 | 01:07:11 --> 01:07:15 | like a pitbull on pork chop, I'm not letting go, I know what I got is the |
747 | 01:07:15 --> 01:07:19 | right thing. And I will let all the retail traders or everybody else is |
748 | 01:07:19 --> 01:07:23 | trading all this other stuff. I'll let them believe their fairy tales and their |
749 | 01:07:23 --> 01:07:27 | religious viewpoints on processing, they can do whatever they want to do. I know |
750 | 01:07:27 --> 01:07:31 | I'm going to be triumphant. In the end, I will be standing on skulls and spines |
751 | 01:07:31 --> 01:07:39 | and the residue of retail that thought they knew what they were doing. That's |
752 | 01:07:39 --> 01:07:43 | That's my outcome. I tell I see things. I see it like that. I see it as a |
753 | 01:07:43 --> 01:07:49 | conqueror, I see it as someone that is an unreachable, someone that can't get |
754 | 01:07:49 --> 01:07:55 | to this level that they want to be an opposition to me, I see no one out there |
755 | 01:07:56 --> 01:07:59 | that can come close to this. And this isn't even the best that I have. This is |
756 | 01:07:59 --> 01:08:05 | just me casually sitting with you. Just talking about something. I have weapons |
757 | 01:08:05 --> 01:08:11 | that I've never produced in public I ever, I have things that I can call in |
758 | 01:08:11 --> 01:08:16 | turning points so precise, that it would blow your socks off. And you're probably |
759 | 01:08:16 --> 01:08:19 | sitting here with your jaw slack. Right now I'm thinking, if I could just do |
760 | 01:08:19 --> 01:08:23 | half a year, you can do half of this and you can do everything I just did here |
761 | 01:08:23 --> 01:08:27 | today. That's what my mentorship lessons taught. That's what this YouTube channel |
762 | 01:08:27 --> 01:08:32 | teaches you. But you look at that little number next to the subscriber count |
763 | 01:08:32 --> 01:08:40 | where it says I have 540 videos, or 541 when we finally got 42 now and that that |
764 | 01:08:40 --> 01:08:48 | intimidates you. Why? Why? If you are going to learn a martial art from a |
765 | 01:08:48 --> 01:08:51 | martial artists that you had a high regard for and you believe that they had |
766 | 01:08:51 --> 01:08:59 | superior methodology of defense or martial art. And they said, Look, you |
767 | 01:08:59 --> 01:09:03 | know, the only way you can learn properly from me is for me to teach you |
768 | 01:09:05 --> 01:09:09 | with an open ended timeline where there is no this is how long it's gonna take. |
769 | 01:09:10 --> 01:09:15 | You show up as long as I want to teach you would you be like oh, well, you |
770 | 01:09:15 --> 01:09:20 | know, I got time for all that. If you're like that, you're like the majority of |
771 | 01:09:20 --> 01:09:26 | people that join new martial arts to the same mindset that join gyms to try to |
772 | 01:09:26 --> 01:09:31 | work out and get more and fit, more in shape, more fit more muscular. They join |
773 | 01:09:31 --> 01:09:35 | the membership, but they never go or they cancel the membership because they |
774 | 01:09:35 --> 01:09:38 | don't have the discipline to stick with the idea that that's what they should be |
775 | 01:09:38 --> 01:09:42 | doing. So they don't get the result. So you've already convinced yourself before |
776 | 01:09:42 --> 01:09:45 | even started that you're not going to be successful, but you're going to lie to |
777 | 01:09:45 --> 01:09:49 | yourself and say well, I'll just test down see me and see what happens. Lisa |
778 | 01:09:49 --> 01:09:53 | get to the t shirt said I was part of that martial artists teaching. Like |
779 | 01:09:53 --> 01:09:58 | that's something to be proud of. It's nothing you got a participation award. I |
780 | 01:09:58 --> 01:10:02 | never entered trading for anticipation of work, I wanted to get in here, and |
781 | 01:10:02 --> 01:10:07 | literally be the best. I didn't want to be like someone, I wanted to be the |
782 | 01:10:07 --> 01:10:12 | best. When I do something, I want to be better than anyone else. I don't want |
783 | 01:10:12 --> 01:10:15 | anybody else to be able to reach the level of what I do. That sounds like |
784 | 01:10:15 --> 01:10:18 | arrogance sounds like narcissism that sounds like conceitedness. No, that's |
785 | 01:10:18 --> 01:10:24 | what I went into this with. Because in my mind, the smarter are the ones that |
786 | 01:10:24 --> 01:10:30 | win. And I wanted to be the apex predator in this. And I basically |
787 | 01:10:30 --> 01:10:35 | sacrificed everything in my life. To have this skill set, I wanted to be able |
788 | 01:10:35 --> 01:10:40 | to see things that no one has seen. I've literally prayed to God, to give me the |
789 | 01:10:40 --> 01:10:46 | visibility to see things as they really are. And you tell me, is it happening? |
790 | 01:10:47 --> 01:10:53 | Because that's what I see. Every single day, every single week, every single |
791 | 01:10:53 --> 01:11:03 | day, and it won't stop. Think about it. How can you not be confident if you have |
792 | 01:11:03 --> 01:11:07 | this skill set. There's all kinds of things happening in the world right now, |
793 | 01:11:07 --> 01:11:09 | folks, there's a lot of people out there worried about losing their job, there's |
794 | 01:11:09 --> 01:11:11 | a lot of people out there worrying about how they're gonna make their ends meet. |
795 | 01:11:12 --> 01:11:15 | Let me tell you something, you learn this skill set. You don't worry like |
796 | 01:11:15 --> 01:11:21 | that anymore. But the problem is, it's important for you not to get so arrogant |
797 | 01:11:21 --> 01:11:24 | and conceited, that you want to get rich overnight, because you're good. Because |
798 | 01:11:24 --> 01:11:27 | you can be really, really good. And you're over leveraging your money |
799 | 01:11:27 --> 01:11:30 | management, that becomes your impediment. That's your that's a |
800 | 01:11:30 --> 01:11:38 | roadblock. You don't want that to be a factor in your trading. So that's what I |
801 | 01:11:38 --> 01:11:45 | have for you today, I think we can get down into the 16. And get down the 16. |
802 | 01:11:45 --> 01:11:51 | Eight, if we really started to move and sell off, but I wanted to spend a little |
803 | 01:11:51 --> 01:11:56 | bit time with you today. Talk about some things, bring it to the forefront of |
804 | 01:11:56 --> 01:11:58 | your mind as we close the year. Give me a little bit more inspiration show you |
805 | 01:11:58 --> 01:12:05 | also for the folks that were asking, as a reminder, again, paper trading is for |
806 | 01:12:05 --> 01:12:10 | my protection. Okay, it's for my protection, because I'm not a legal |
807 | 01:12:11 --> 01:12:15 | certified position, or holder, like a CTA, like, I'm not certified trade |
808 | 01:12:15 --> 01:12:19 | advisor. So when I'm talking about the markets, if I'm talking about in this |
809 | 01:12:19 --> 01:12:25 | medium, which is paper trading, you can't claim a loss. I can't claim |
810 | 01:12:25 --> 01:12:30 | profitability, where anything can be taken in the context that I'm trying to |
811 | 01:12:30 --> 01:12:34 | tell you what to do with your money. The only thing I'm telling you you can do is |
812 | 01:12:34 --> 01:12:39 | learn these methods. And then you determine whether or not there's any |
813 | 01:12:39 --> 01:12:44 | validity to it's a challenge. It's an open challenge for you to go in and see |
814 | 01:12:44 --> 01:12:49 | if the things I'm teaching are in fact, in the marketplace. I have removed all |
815 | 01:12:49 --> 01:12:53 | doubts. I have students all around the world for different walks of life that |
816 | 01:12:53 --> 01:12:57 | literally are making money and they're proving it to everyone. They're being |
817 | 01:12:57 --> 01:13:01 | interviewed by the people that are paying them out. There. They're |
818 | 01:13:01 --> 01:13:04 | literally releasing broker statements. They're literally making their way on |
819 | 01:13:04 --> 01:13:08 | leaderboards, they're getting payouts, they're getting consistent payouts. |
820 | 01:13:08 --> 01:13:12 | They're getting interviewed by the companies that do the payout. Okay, like |
821 | 01:13:12 --> 01:13:19 | we have created a phenomena. As a community we have I haven't you as part |
822 | 01:13:19 --> 01:13:25 | of this community, you are part of an global phenomenon. You are in again, |
823 | 01:13:25 --> 01:13:29 | movement. Okay? You're in again, movement, you're in a Wycoff movement. |
824 | 01:13:30 --> 01:13:35 | When those people were alive, they were not legendary. They were not legendary. |
825 | 01:13:37 --> 01:13:44 | You are living in a moment where everything has changed. The whole thing |
826 | 01:13:44 --> 01:13:47 | has been upside down. Now. It's been made upside down. I've turned the whole |
827 | 01:13:47 --> 01:13:51 | industry upside down. Because I've pulled back the veil and I've literally |
828 | 01:13:51 --> 01:13:57 | showed you what really goes on and the cats out of the bag, baby. Nothing can |
829 | 01:13:57 --> 01:14:05 | happen now to change it. It's it's already in in motion. Sure, sure. Sure. |
830 | 01:14:06 --> 01:14:09 | You know, they can go after my account and run aggressive against me, but they |
831 | 01:14:09 --> 01:14:10 | can't do that to all of you. |
832 | 01:14:13 --> 01:14:18 | Who cares? I don't even care about money. I don't care about it. I don't |
833 | 01:14:18 --> 01:14:24 | care about money. If I had to go back to being just simple ICT before making |
834 | 01:14:24 --> 01:14:30 | money. You know what? I can be happy like that. Can you change that are |
835 | 01:14:30 --> 01:14:36 | probably not. I'm a simple guy. I'm a very, very simple person. I have a walk |
836 | 01:14:36 --> 01:14:40 | with God that I sometimes don't live up to well because of my inability to |
837 | 01:14:40 --> 01:14:46 | control my tongue. And I have a chemical imbalance. And that's not an excuse. But |
838 | 01:14:46 --> 01:14:54 | I can live simply and be content because I have the Lord. You are in this to |
839 | 01:14:54 --> 01:14:58 | learn how to do this. Maybe to make more money maybe the impress your parents or |
840 | 01:14:58 --> 01:15:02 | your in laws or your spouse or your spouse to be, or the people you work |
841 | 01:15:02 --> 01:15:05 | with, or your friends, I said, you're never gonna amount to anything, I had |
842 | 01:15:05 --> 01:15:10 | all those same vigilante motivations in the beginning to, okay. But when you put |
843 | 01:15:10 --> 01:15:14 | all that stuff aside, so you know, I just want to do this because I enjoy it, |
844 | 01:15:15 --> 01:15:18 | I want to do it because I enjoy it. And I know that it's going to be an |
845 | 01:15:18 --> 01:15:22 | investment in me as a person, it's going to help me be a better person, he's |
846 | 01:15:22 --> 01:15:26 | going to teach me responsibility, it's going to teach me financial literacy in |
847 | 01:15:26 --> 01:15:31 | as a default, it might, it might increase my bottom line and net worth, |
848 | 01:15:31 --> 01:15:36 | for the better, it might do that. But if you make that the first primary reason |
849 | 01:15:36 --> 01:15:39 | while you're doing it, and that's the deciding factor, whether you stick with |
850 | 01:15:39 --> 01:15:42 | it or not, well, let me remind you, you're going to have a hardship in the |
851 | 01:15:42 --> 01:15:46 | beginning. And it's going to feel like it's impossible. But I promise you, if |
852 | 01:15:46 --> 01:15:51 | you stick with it, you'll learn things that repeat a lot of times over the |
853 | 01:15:51 --> 01:15:55 | course of a week over the course of a month, over the span of the entire year. |
854 | 01:15:55 --> 01:15:58 | And if you keep your risk very, very low, you have the probability of being |
855 | 01:15:58 --> 01:16:03 | net positive. Now listen to the words that this use there. That's not |
856 | 01:16:03 --> 01:16:08 | promising you profitability. Because what medium and we're talking about |
857 | 01:16:08 --> 01:16:18 | paper trading. So with paper trading. You start like this, and each day is an |
858 | 01:16:18 --> 01:16:22 | individual case study. And you log it. And you go through the process of |
859 | 01:16:22 --> 01:16:27 | saying, Okay, this is what I anticipated this as well as looking for, did it |
860 | 01:16:27 --> 01:16:33 | yield to me what I expected it at least in the mean, in the miniscule, smallest |
861 | 01:16:33 --> 01:16:38 | significant manner? Does it at least do that? Does it want my attention to |
862 | 01:16:38 --> 01:16:42 | continue with it. And then when you discover it, that's way beyond that, it |
863 | 01:16:42 --> 01:16:46 | inspires you to continue to do more, and more and more and more. And over time, |
864 | 01:16:46 --> 01:16:50 | you get more confident because hey, you've been here before. I've been here |
865 | 01:16:50 --> 01:16:56 | before. I've done this before, you know, and that confidence, if it's managed |
866 | 01:16:56 --> 01:17:03 | appropriately, will carry you through a very long and consistent career. But if |
867 | 01:17:03 --> 01:17:06 | you don't do the framework of using properly a demo account, or a paper |
868 | 01:17:06 --> 01:17:10 | trading account, for the purposes of seeing whether these things form, and |
869 | 01:17:10 --> 01:17:18 | they're appearing in price action, every single day, you won't appreciate it, you |
870 | 01:17:18 --> 01:17:23 | won't have the foundation to lean on, when you do do things incorrectly, and |
871 | 01:17:23 --> 01:17:27 | it doesn't pan out for you. It's real important to know the difference between |
872 | 01:17:29 --> 01:17:34 | if this can be done in a demo, or live market conditions. That means that |
873 | 01:17:34 --> 01:17:38 | there's something behind it. And for the folks that try to lie to you, because |
874 | 01:17:38 --> 01:17:41 | they don't want you to learn this because they they themselves these |
875 | 01:17:41 --> 01:17:46 | people that are making these fake ass documentaries, okay? They can't trade |
876 | 01:17:46 --> 01:17:50 | from their own demonstrations, they can't trade and from their own mouths. |
877 | 01:17:51 --> 01:17:56 | They are unprofitable. They readily admit this, but they have an opinion |
878 | 01:17:56 --> 01:17:59 | about somebody, especially me of all people, you're gonna you're gonna talk |
879 | 01:17:59 --> 01:18:03 | about me when I'm out here proven every fucking thing. I have the largest |
880 | 01:18:03 --> 01:18:07 | student base out there that has the most profitability, more faces with more |
881 | 01:18:07 --> 01:18:16 | payouts than any other instructor out there. Hello. Hello, hello. I can come |
882 | 01:18:16 --> 01:18:22 | out here every single day and do this. Why aren't they? Why aren't they doing |
883 | 01:18:22 --> 01:18:26 | this? Why aren't they proving that they can trade but they don't. Because they |
884 | 01:18:26 --> 01:18:30 | can't. They want to tear down other people. And if you make a name for |
885 | 01:18:30 --> 01:18:34 | yourself on social media, this is going to happen to you too. Now you can lose |
886 | 01:18:34 --> 01:18:37 | your mind and go eat up with it and say, Well, I'm going to I'm gonna do this, |
887 | 01:18:37 --> 01:18:41 | I'm gonna do that. I've laughed about it. Because they're all comedy. They |
888 | 01:18:41 --> 01:18:45 | pretend to know something and they know nothing. They don't know me. They don't |
889 | 01:18:45 --> 01:18:51 | know anything about me. None of you really do. But one thing you're not |
890 | 01:18:51 --> 01:18:54 | gonna be able to say is I don't know how to read these markets. And I don't know |
891 | 01:18:54 --> 01:19:01 | how to trade. Oh, I know exactly how to trade. I know exactly how to trade. But |
892 | 01:19:01 --> 01:19:07 | the question is, do you want to learn? Do you want to learn how to trade? Do |
893 | 01:19:07 --> 01:19:11 | you want to learn how to trade price action in a manner where you can feel |
894 | 01:19:11 --> 01:19:17 | comfortable, then trust what you're doing has a systematical probability of |
895 | 01:19:17 --> 01:19:22 | painting out more times in your favor than not? And that's not guaranteeing |
896 | 01:19:22 --> 01:19:25 | profits that's not promising you that it's going to work for you because |
897 | 01:19:25 --> 01:19:30 | you're going to take losing trades. You're going to it's going to happen? |
898 | 01:19:30 --> 01:19:34 | You've watched me take trades and I've gotten stopped now you've watched me had |
899 | 01:19:34 --> 01:19:38 | to reverse my initial expectation on the marketplace. You've watched me get |
900 | 01:19:38 --> 01:19:45 | stopped out and reenter. It's it's part of it folks. But many of you have this |
901 | 01:19:45 --> 01:19:51 | false sense of expectation like you can somehow be the it's the the exception to |
902 | 01:19:51 --> 01:19:53 | the rule like it's not going to happen you you're gonna walk out here and the |
903 | 01:19:53 --> 01:19:58 | markets just gonna bend to your will. And believe me at some point all of us |
904 | 01:19:58 --> 01:20:04 | had that that Fairy Tale expectation. But just please don't don't don't have |
905 | 01:20:04 --> 01:20:10 | that. And know that it's going to be difficult. It is hard, because you're |
906 | 01:20:10 --> 01:20:14 | competing with yourself. It's, it's competition with yourself as much as all |
907 | 01:20:14 --> 01:20:17 | these other people, these Yahoo's out there to try to say, well, I'm going to |
908 | 01:20:17 --> 01:20:20 | challenge ICT. And I'm going to do this and you're gonna challenge me if you get |
909 | 01:20:20 --> 01:20:23 | in the Robbins club, otherwise, you're fucking talking out your ass, so that |
910 | 01:20:23 --> 01:20:27 | those results speak for themselves. But with all that said, and put aside, |
911 | 01:20:27 --> 01:20:31 | you're literally competing with yourself, always. You're always |
912 | 01:20:31 --> 01:20:37 | competing with yourself in trading. So you might as well warm up to the person |
913 | 01:20:37 --> 01:20:41 | who you are as a trader, and not trying to be an adversary to yourself, because |
914 | 01:20:41 --> 01:20:46 | that's exactly what people try to do. In the early stages of their career, and |
915 | 01:20:46 --> 01:20:50 | they don't see it as such, they think that they're, well, don't be a bitch, |
916 | 01:20:50 --> 01:20:54 | Don't be a bitch, you know, do this trade with real money, because you can't |
917 | 01:20:54 --> 01:21:00 | learn in a demo, because I see other people clowning me, because I teach in a |
918 | 01:21:00 --> 01:21:04 | demo when I'm being financially responsible. And I'm being courteous to |
919 | 01:21:04 --> 01:21:09 | you. And I'm also protecting my own ass, who's really smart here. I'm covering |
920 | 01:21:09 --> 01:21:13 | all my bases. And I'm also still being able to do something that these people |
921 | 01:21:13 --> 01:21:19 | can't even do, even in the setting of a demo. Where's the logic in that? I |
922 | 01:21:19 --> 01:21:23 | proven? I came out two years ago, I said, Okay, look, this is what we're |
923 | 01:21:23 --> 01:21:26 | going to do, I'm going to teach you for free, then I'm going to give you my |
924 | 01:21:26 --> 01:21:29 | mentorship for free. And then I'll give you my charter membership for free, and |
925 | 01:21:29 --> 01:21:32 | I'm going to bring the receipts I'm going to predict I'm going to produce |
926 | 01:21:33 --> 01:21:36 | people that are making money. And you see the payoff they get. Look at the |
927 | 01:21:36 --> 01:21:41 | comments. This is more money than I earn a year, right? What I say you're gonna |
928 | 01:21:41 --> 01:21:51 | make salaries, okay? If they can do it, why can't you? If they can do it, why |
929 | 01:21:51 --> 01:21:56 | can't you it's a choice you're making, you're making it harder for yourself, |
930 | 01:21:57 --> 01:22:02 | you are doing that. I'm not hiding anything from you. I'm literally giving |
931 | 01:22:02 --> 01:22:06 | it to you. I'm telling you what to avoid, how to avoid certain things that |
932 | 01:22:06 --> 01:22:09 | are problematic. These are pitfalls, these are snares, and trying to |
933 | 01:22:09 --> 01:22:14 | encourage you. Nothing brings you back to this YouTube channel except for the |
934 | 01:22:14 --> 01:22:18 | worth and the value that you've seen already. By being here watching the few |
935 | 01:22:18 --> 01:22:21 | videos, if you ever watched it at all, if this is the first time you've watched |
936 | 01:22:21 --> 01:22:27 | it, you this stuff is taught to you. It's here in these in these videos. But |
937 | 01:22:27 --> 01:22:34 | it's in a manner where if you don't appreciate spending time with concepts |
938 | 01:22:34 --> 01:22:39 | and doing the work yourself, really putting some effort into you trying to |
939 | 01:22:39 --> 01:22:48 | grow as a person to be more disciplined to be responsible with the outcome and |
940 | 01:22:48 --> 01:22:53 | not try to fault me my concept somebody else, you own it, you do it right or you |
941 | 01:22:53 --> 01:22:57 | don't do it right. And whatever the outcome is, that's your result. That's |
942 | 01:22:57 --> 01:23:01 | your result. That's your measuring stick. And that measuring stick is not |
943 | 01:23:01 --> 01:23:07 | obligated, you're not obligated to share that with anybody who cares? Who cares? |
944 | 01:23:07 --> 01:23:10 | If they don't believe you're making money? Do you honestly think I lose |
945 | 01:23:10 --> 01:23:14 | sleep on thinking about how many people think I don't have money. You see where |
946 | 01:23:14 --> 01:23:19 | I live, you see what I drive, you see how I'm here, you're on my own time, |
947 | 01:23:20 --> 01:23:23 | doing whatever I want to do, saying whatever I want to say without the |
948 | 01:23:23 --> 01:23:29 | approval of you. I don't care. I don't I have fun canceling these trolls. And |
949 | 01:23:29 --> 01:23:34 | these liars. I have fun because they're gonna be sleepless, they're gonna be |
950 | 01:23:34 --> 01:23:41 | sleepless, worrying about me. And I could give two shits about them. What |
951 | 01:23:41 --> 01:23:44 | they're doing what they say about me or my community or any of our students, |
952 | 01:23:44 --> 01:23:48 | it's irrelevant. Because if you mind your own business, and you had your nose |
953 | 01:23:48 --> 01:23:52 | in the charts, and you're logging in journaling, everything that you're |
954 | 01:23:52 --> 01:23:57 | trying to aspire to learn how to do efficiently and consistently, then that |
955 | 01:23:57 --> 01:24:01 | means you can't see what they're doing. And whatever they're doing doesn't make |
956 | 01:24:01 --> 01:24:05 | it doesn't make a dent, or scratch in what you're trying to do as a learning |
957 | 01:24:05 --> 01:24:12 | curve. You giving your ear or attention to anybody that wants to talk negative |
958 | 01:24:12 --> 01:24:14 | about what you're trying to learn. |
959 | 01:24:15 --> 01:24:19 | And they are ignoring all the evidence, all of the evidence, like I can walk |
960 | 01:24:19 --> 01:24:25 | into any courtroom, any courtroom and say Look at this. I can do it and right |
961 | 01:24:25 --> 01:24:28 | in front of them just like you see me do lie and just like you see me do here. |
962 | 01:24:29 --> 01:24:34 | Nothing. I'm not going to forget how to do this folks. I'm gonna forget. Okay, |
963 | 01:24:34 --> 01:24:37 | the markets are not going to be doing some new shit next year. Okay? It's just |
964 | 01:24:37 --> 01:24:43 | gonna be a faster market. That's all it's gonna be a faster market. And guess |
965 | 01:24:43 --> 01:24:47 | what that means. A lot of you are going to be afraid to trade it in because it's |
966 | 01:24:47 --> 01:24:50 | gonna be moving real fast because you want to be trading big leverage and big |
967 | 01:24:50 --> 01:24:55 | leverage is going to burn you. It's going to burn you. You need to be |
968 | 01:24:55 --> 01:25:00 | careful. Lots of things. It's an election year semi Things are on the |
969 | 01:25:00 --> 01:25:05 | horizon war drums are beaten, this country is going to invade that country, |
970 | 01:25:05 --> 01:25:08 | we have an invasion of our own, all these other things are going on |
971 | 01:25:08 --> 01:25:15 | constantly and keeping you divided. And if you're divided in your tensions |
972 | 01:25:15 --> 01:25:17 | divided, that means you won't be focusing on what matters most, which is |
973 | 01:25:17 --> 01:25:24 | you taking care of your family and minding your own damn business. So I |
974 | 01:25:24 --> 01:25:27 | want you to think about these things as you go into this new year. Think about |
975 | 01:25:27 --> 01:25:38 | the idea that this is obtainable for you. Now, obviously, making 12% One day |
976 | 01:25:38 --> 01:25:42 | in one trade is probably a little lofty for some of you in the beginning, and I |
977 | 01:25:42 --> 01:25:48 | understand, but you can literally do this. And it's been made available to |
978 | 01:25:48 --> 01:25:52 | you for free. And if you look at those number of videos, and you think, Oh, I |
979 | 01:25:52 --> 01:25:56 | don't have time for all that, well, if you're gonna go to college, that's a lot |
980 | 01:25:56 --> 01:26:01 | of coursework. A lot of weeks of studying a lot of boring lectures, okay? |
981 | 01:26:02 --> 01:26:06 | You see, here's the thing. For for the folks that are going to uni right now |
982 | 01:26:07 --> 01:26:13 | are in it are about to go is you're placing your faith in something that |
983 | 01:26:13 --> 01:26:16 | you're going to have to pay a lot of money for, and put a lot of time into |
984 | 01:26:17 --> 01:26:23 | learning to be a career minded person, in a industry in a field in a position |
985 | 01:26:23 --> 01:26:27 | that you don't even know you're able to be profitable in, or that you're going |
986 | 01:26:27 --> 01:26:35 | to be found useful in. I have very high GPA, learning how to code, computer |
987 | 01:26:35 --> 01:26:40 | science, like I literally poured myself into it from my sixth grade, I was |
988 | 01:26:40 --> 01:26:44 | learning how to code as a sixth grader. I did it because I wanted to do it. I |
989 | 01:26:44 --> 01:26:49 | went to the library, and I got books on everything. High level mathematics, |
990 | 01:26:49 --> 01:26:54 | programming, algorithmic, all everything you can possibly have your hands on. I |
991 | 01:26:54 --> 01:26:59 | was interested in that. I wanted to know how, because I was watching the whole |
992 | 01:26:59 --> 01:27:05 | computer industry come up, it might in my lifetime, it came up. We went from |
993 | 01:27:05 --> 01:27:09 | having mainframe computers and computers, they were in the size of |
994 | 01:27:09 --> 01:27:15 | rooms. Okay. Mainframe for the folks don't have that means it's like a tape |
995 | 01:27:15 --> 01:27:20 | from one reel to the next. I was learning, coding, using mainframe |
996 | 01:27:20 --> 01:27:30 | operation. C ICs, COBOL. Okay. Those are the languages I first learned in Pascal, |
997 | 01:27:30 --> 01:27:37 | you basic those types of things. And in C++ came out. And it kind of changed |
998 | 01:27:37 --> 01:27:44 | things. And I wanted to be in the capacity of telling what the programmers |
999 | 01:27:44 --> 01:27:49 | below me should be doing. Like, I would go to a client and say, Okay, what do |
1000 | 01:27:49 --> 01:27:53 | you need? Well, we need this system to do this, this, this, this, okay? Then I |
1001 | 01:27:53 --> 01:27:56 | tell the programmers, these are documents to work with to build the |
1002 | 01:27:56 --> 01:28:00 | outcome that I'm looking for. And they they do all the coding, I could do the |
1003 | 01:28:00 --> 01:28:03 | coding, but I don't need to do the coding, because I'm in charge of |
1004 | 01:28:03 --> 01:28:07 | operating this development of that system for this client. So I wanted to |
1005 | 01:28:07 --> 01:28:11 | be a system analyst. That was, that's what I went to school for. I knew this |
1006 | 01:28:11 --> 01:28:15 | when I was in sixth grade. Now, tell me what you believe you wanted to do when |
1007 | 01:28:15 --> 01:28:18 | you're in sixth grade? See, there's a different mindset here. Totally |
1008 | 01:28:18 --> 01:28:24 | different mindset. So when I tell you something, I mean, when I say something, |
1009 | 01:28:24 --> 01:28:29 | I mean it. Because my, my attention, my focus. My time was invested in that. |
1010 | 01:28:29 --> 01:28:32 | When I told you I was gonna come out here and teach people how to make money. |
1011 | 01:28:32 --> 01:28:36 | Did I not do it? Yes. That I told you that I tell you that I was gonna go out |
1012 | 01:28:36 --> 01:28:40 | here and run a mentorship on YouTube for free. Did I do it? Yes, I did. Did |
1013 | 01:28:40 --> 01:28:43 | people make money with it? Yes, they did. Are they profitable? Yes, they are. |
1014 | 01:28:46 --> 01:28:49 | When I told you I was going to release my charter content. Is that happening? |
1015 | 01:28:49 --> 01:28:52 | Yes. Then I told you I wasn't going to do another paid mentorship. Do you see |
1016 | 01:28:52 --> 01:28:58 | me doing one? Nope. Not having time for I don't need it. I don't need to do |
1017 | 01:28:58 --> 01:29:04 | those things. But everybody else out there somehow needs that. If you know |
1018 | 01:29:04 --> 01:29:09 | how to do this, you don't need any of those things. You don't need to do those |
1019 | 01:29:09 --> 01:29:14 | things. And any argument against that just fortifies the very evidence that |
1020 | 01:29:15 --> 01:29:20 | you are only selling something because you can't make money otherwise, and I |
1021 | 01:29:20 --> 01:29:25 | want you to understand something. I am so fucking rich that I don't need to |
1022 | 01:29:25 --> 01:29:29 | trade ever again. I don't ever need to do anything again. I don't ever need to |
1023 | 01:29:29 --> 01:29:34 | do shit again. Okay. So I want you to understand who's talking to you. I'm in |
1024 | 01:29:34 --> 01:29:37 | a position where anybody else in my position wouldn't even waste time |
1025 | 01:29:37 --> 01:29:42 | talking to you. They wouldn't be doing it. But I have a heart of a teacher |
1026 | 01:29:42 --> 01:29:48 | because I prayed for that gift. I prayed to have the gift of teaching. And I know |
1027 | 01:29:48 --> 01:29:53 | I fumble a lot like I don't do well sometimes when I really set my heart out |
1028 | 01:29:53 --> 01:29:57 | to try to teach something. And I'm either listen to the playback later on |
1029 | 01:29:57 --> 01:30:04 | or I get to feedback from people They'll, they won't give me the that, |
1030 | 01:30:04 --> 01:30:09 | that measurement that I was looking for that I was aspiring for at the time of |
1031 | 01:30:09 --> 01:30:13 | that teaching. But there's no one's going to claim that I'm not passionate |
1032 | 01:30:13 --> 01:30:20 | about teaching. And I'm not always eloquent with the language, okay? |
1033 | 01:30:20 --> 01:30:25 | Because I'm passionate about what I'm talking about, I want you to succeed. I |
1034 | 01:30:25 --> 01:30:28 | want you to succeed more than you realize you want to succeed right now. |
1035 | 01:30:29 --> 01:30:35 | Think about that. I have never been in sports in a big way. Okay, I played on |
1036 | 01:30:35 --> 01:30:41 | baseball, and lacrosse and soccer when I was a younger boy. But I've never been |
1037 | 01:30:41 --> 01:30:46 | passionate about sports. Never had it ingrained in me where it was something I |
1038 | 01:30:46 --> 01:30:53 | needed to measure up to. So I was always academically inclined in science and |
1039 | 01:30:53 --> 01:30:57 | math were like my specialties i I excelled in those those fields, and |
1040 | 01:30:57 --> 01:31:03 | anything scientific, anything technical, I loved it, poured myself into it. For |
1041 | 01:31:03 --> 01:31:08 | some of you, you might be sports, inclined, social, you know, animals |
1042 | 01:31:08 --> 01:31:13 | where you try to avoid everything like that. And you see these markets as |
1043 | 01:31:13 --> 01:31:16 | something that's going to be very difficult because of that their thing. |
1044 | 01:31:16 --> 01:31:23 | And I've tried to teach in a way where it hasn't been 100% effective, because |
1045 | 01:31:23 --> 01:31:27 | there's been people that have gone through my mentorship and have failed. |
1046 | 01:31:28 --> 01:31:32 | And I'm convinced it's not me, because I've produced a lot of profitable |
1047 | 01:31:32 --> 01:31:37 | students. I produce people by taking the very content that some people have paid |
1048 | 01:31:37 --> 01:31:41 | for that some claim that said, Oh, this isn't work, blah, blah, blah, literally, |
1049 | 01:31:41 --> 01:31:44 | I took it out there and made money with it with real accounts. And then I went |
1050 | 01:31:44 --> 01:31:47 | one step further, and said, Now I'm gonna give it to the public and prove |
1051 | 01:31:47 --> 01:31:50 | beyond the shadow of doubt, it works. Because in their hands, they're going to |
1052 | 01:31:50 --> 01:31:56 | do it. And now it's all over the world. Think about it, like people literally |
1053 | 01:31:56 --> 01:32:01 | are taking the concepts and making it their own. And it's their own model, and |
1054 | 01:32:01 --> 01:32:05 | they're out there and they're making systematic, calculated decisions on |
1055 | 01:32:05 --> 01:32:09 | their own. I'm not calling these moves. I'm not calling these markets or trading |
1056 | 01:32:09 --> 01:32:13 | markets. I'm not even touching and they're finding profitability and taking |
1057 | 01:32:13 --> 01:32:16 | money out of the marketplace. That's undeniable evidence that it's |
1058 | 01:32:16 --> 01:32:20 | transferable knowledge, it absolutely works in areas nothing fluff about that. |
1059 | 01:32:22 --> 01:32:27 | In 2024, I want to read your success. I want to see what you've done with it. |