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Okay, welcome back folks.
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New year, new agenda, lots
and lots of things to learn.
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I got a lot of good
stuff for you this year.
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The few things I want to cover
before we actually get into
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today's teachings and coverage of
what we're gonna be focusing on.
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There are a number of you that
I'm sure are still on holiday.
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Um, many of your payments of PA process.
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And some of you actually sent your
text confirmation of December's content
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and your interest to continue into
January, but we don't do that anymore.
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We're doing the digital signature.
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So I appreciate those that have done
that, but that still doesn't negate
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your requirement to sign the NDA and.
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Confirmation delivery for
all the months thus far.
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That's the reason why we have that form.
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Um, just so you know, going forward,
uh, there has been four attempts
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to, uh, get refunds for all the
content so far by four individuals.
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And prior to me using this Adobe
sign, I have won those contests
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with the credit card companies,
just by your emails, saying that you
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agree to the terms of use before.
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The content has been delivered.
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So going in, you already know the content
is under those policy guidelines, uh, for
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individuals try to get that information
for free because they realized that I
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had passwords that were all the same.
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That's no longer the case anymore.
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So they found out that
they couldn't get a refund.
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I said this going forward and I don't
want to beat this or belabored anymore.
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So since we're starting
fresh, it's a new month.
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Um, some of you are still sitting
on the fence about signing that
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nondisclosure that just let me tell
you right now, the only reason I
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did the non-disclosure with the
confirmation of delivery in it as well.
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When I do a charge back, uh, contest
with a credit card company, I have to
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go through every single one of your
emails and research all that, to get all
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that information, to put that into a.
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Uh, contest against your claim.
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It's a lot of work and it meantime.
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So this way, by having this done one
time, if any of you have a change of
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heart or whatever, or you're a bad
buyer, um, I just simply give that,
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that form that's confirmed by Adobe
and, uh, it's pretty much lights out.
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I don't have to do any kind
of work outside of that.
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Um, if you don't want to be here
clearly, it's always been a open door.
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Go ahead and leave.
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You don't have to be.
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But if you're concerned about not signed a
non-disclosure because you think that just
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the emails alone, haven't been enough.
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Just let me know right now.
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You're not interested in
continuing any further.
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That's fine.
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I will refund your January payment,
but this is the last attempt at
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explaining it to you all here that
have not signed a nondisclosure.
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I'm giving you one more days, grace,
because I know the holidays have impacted
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some of you and some of your bank.
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Um, there was a number of skipped
payments and a lot of you exit
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communicate to me by the email, stay in.
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You didn't want this to happen.
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You know, it's never happened before.
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And I understand why it's the holidays.
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Things are goofy this week.
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So I'm giving you guys today.
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So tomorrow morning at nine
o'clock, I'm going to go through
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and start ferreting out individuals.
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So you won't be on Twitter.
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You won't be on a forum
and you won't have access.
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I'll deny all of your, your video access.
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Okay.
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Um, and that's pretty much it.
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I don't have anything outside of that,
except for going through the content now.
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So we're going to get
busy and get started.
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Cause I don't want to be here long today.
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Um, one of the, the rules going forward
as our live sessions are going to be very
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brief about 30 to 40 minutes in duration.
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They're highly specifically
oriented that going into the
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content only no rabbit trail.
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Um, since this month is going to be
designated to hard timeframe, position
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trading, there's going to be very few
live sessions, but there will be a ton
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of content, but it's going to be provided
to you by way of prerecorded sessions.
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And it's going to be
provided by the teachings.
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So you're gonna have a lot of amplified
teachings on things that you haven't
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been accustomed to yet with my work.
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All right, so let's get into it.
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Um, I cannot see your comments
or questions, so that way
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we can keep focused folks.
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Do you have any questions obviously, to
send me a tweet with a link to the forum,
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do not send anything to me in Twitter.
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I'm going to ignore it unless
it's a link to the forum.
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I'm not going to reply to it.
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I'm going to treat it as you
didn't send me anything because
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the rules are from this point when.
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Any communication to me online must be
either by email or through the form.
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Okay.
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So it's just that simple
contents too rich.
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I don't want to share it and I
don't want people following you.
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And just you're asking a question is
enough to get people's gears turning,
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and I'm not even here to give it away.
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Okay, hooks.
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Obviously January's content is
delivered at position trading.
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We're probably thinking, well, that's not
my cup of tea, so I'm, I'm probably going
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to sleep this one through and not worry
about it, but you will be doing yourself
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a great disservice because if you follow
along on the Twitter, I actually gave you
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an outline and overview of what's going
to be delivered over the course of the
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remaining more months of 2017 each month
has its own theme, but we're starting
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with the higher timeframe on January.
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What this does is yes, it does teach
you a defined way of position trading.
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Long-term.
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But as a derivative of that,
you end up learning how to do
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a efficient top down analysis.
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You'll know how to look at
the broad brush idea of market
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analysis on a macro personal.
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And it'll help you go into all facets
of the trading techniques and concepts
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that you're gonna learn over the
remaining portion of the mentorship.
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So don't think that this isn't going
to be applicable to your scalping or to
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your day trading or short-term trading.
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In fact, it's actually essential for
you to have high probability setups
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understanding the information we're
going to cover in January for those
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that can't day trade or short-term.
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This is going to be your cup of tea.
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You can't be in front of
the charts all the time.
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No problem.
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You don't need to be.
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This'll give you all the set ups you'll
ever need using a higher timeframe charts.
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You'll know exactly
what you're looking for.
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There.
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There's no broad brush, vague ideas
from this point on folks, everything's
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going to be delivered in a conceptual
manner where you take the information
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and this is what you do with it.
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This is what you don't pay
attention to right now.
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And this is the thing that you do, right?
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Nothing ambiguous from this point on.
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So understand that while we are doing
a lot of coverage, the majority of the
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teaching content is going to be in the
teachings per week, which means that
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those teachings are going to be huge.
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There's going to be a lot of information
on them because I don't want live
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sessions or intraday teachings that
go hours and hours on and never get
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to answering some of your questions.
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New questions crop up.
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Every time I get online, if
I say something and variably,
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it's going to trigger something.
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Hey, what did he mean by that?
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And if I do 90% of the delivery in
the teachings, it'll funnel all the
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question creation and solutions to your
questions all basically in one place.
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The live sessions are just going to
be basically drawing our attention
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to what's happening right now.
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We're only going to have two live
sessions per week, generally,
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unless something's really happening.
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I want to, I want to draw your
attention to something that's exciting,
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but for position trading, it's only
going to be to two sessions per week.
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So I'm going to give you a heads
up and let you know what they are.
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They're going to be delivered
on Tuesdays and on Thursdays.
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That's the live session schedule
for the entire month of June.
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You'll have the teachings,
obviously, as you can have it
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now, but they're going to be big.
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The vials are going to be very, very
large as a constellation to that.
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I have to deliver them to
you on Friday evenings.
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So that way you have the entire weekend
to go over them because there's a lot more
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depth in them and it's going to be a whole
lot more refined delivery of the content.
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So where it you'll see the
difference this weekend.
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When you see the first two teachings,
it's going to be a whole lot more dynamic.
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Uh, delivery to what it is that you're
doing and what you're looking for.
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Whereas before I said, well,
this is an order block.
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You know, this is what you're going
to do with this information for now.
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And so by having all the information
in the teachings, you're going
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to know exactly what it is that
you should be doing right now.
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And try not to think ahead.
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Don't try to apply everything.
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You already been accustomed to only
stick to what the teachings are
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focusing on at each individual teacher.
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I know it's gonna be hard for some of
you, but believe me, if you just do
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what I'm telling you in each individual
teaching at the end of this month,
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you will know how to position trade
you'll know your entry situation.
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Your exits you'll know how to scale in.
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You'll know how to get your positions,
uh, framed what makes the set up.
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And here's the big takeaway
you're going to know when not
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to do anything in the market.
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That's what this whole month teaches
you, because if there's nothing to
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do right now, That's the best time
to do what something else, not trade.
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Okay.
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So you don't, you don't force trading.
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You don't go into forcing, draw down
in your account and that's what this
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big timeframe perspective gives you.
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And also it gives you visibility
down the road where you can see set
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that are coming, that you may not
have been aware cause you're too, too
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grained in on the lower timeframe.
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So what's the basic format
for every style teaching.
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I'm going to be covering for the
remaining portion of this mentor.
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Obviously we'd go into how your charts
are going to be laid out and what tools
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each individual discipline requires.
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Not every single tool are, are
going to be at your disposal
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for each individual teaching.
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For instance, you're not really
concerned about average daily range.
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If your position trading, it says
it doesn't even come into it.
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So if you're going to use.
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This idea that you guys have
every ICT tool in the toolbox,
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you know, in your chart and that's
not necessary, it's overkill.
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You don't need that.
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You're actually gonna find out as we
go into the individual disciplines that
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there's very little of each component
being utilized because they're highly.
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Now that doesn't mean that the price
action ideas that I teach aren't being
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used, but certain tools aren't going to
be applicable to certain disciplines,
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but the price action study is universal.
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And you'll see what I mean by as we go
through each discipline, what frames?
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The position trade.
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Okay.
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I'm going to give you ideas to
give you the initial trade that
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where it starts, the next leg.
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We're going to talk
about quarterly shifts.
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Specifically where you go into the
macro perspective and you'll know
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what the highest probable direction
is for the next three to six months.
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And I mentioned this in the lead in the
other day about how I'm really focused
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primarily on the next three months.
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And you can make a ton of money
in three months perspective.
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I mean, think about how
many day trades are there.
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If you're going to be a day
trader and think about how many
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short-term trades are there.
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If you have a short term trade once.
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Wow.
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That's a dozen of dozen or so potential
setups that are at your disposal for
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one shot, one kill and swing trades.
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You got about two or three really
solid swing trades, et cetera.
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And in position trades, you can get
in sync with the hard timeframe trend,
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and really worked that position in.
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And if you can find a
long-term position in.
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I'm going to show you how to break
that down and work into new scaled
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in positions where you can build in
larger positions over time, but you
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don't necessarily have to put on a lot
of risk initially on that first entry.
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So I'm teaching you how the large
funds work, their positions in and
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how there's large fund managers work,
their positions and positions out.
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So what you're going to be
able to learn how to scale.
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And if you're a hardliner and
you have to have one entry, one
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exit you'll have that as well.
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00:12:40,530 --> 00:12:44,010
But how is the frame that set up
and how to use the tools and what it
230
00:12:44,010 --> 00:12:45,390
looks like on these hard timeframes?
231
00:12:45,930 --> 00:12:49,860
That's going to give you everything
you need is for us trading on
232
00:12:49,860 --> 00:12:50,880
these higher timeframe charts.
233
00:12:50,910 --> 00:12:55,800
But the takeaway again, is if you
understand that, okay, this is
234
00:12:55,800 --> 00:12:57,060
what you should be excited about.
235
00:12:57,930 --> 00:12:59,640
This is the only time in trading.
236
00:12:59,670 --> 00:13:01,380
You're permitted to have emotion.
237
00:13:01,530 --> 00:13:01,860
Okay.
238
00:13:02,730 --> 00:13:05,760
If you're not excited about the
fact that it's long-term trading,
239
00:13:06,150 --> 00:13:08,880
because some of you don't understand
the depth of what that entails.
240
00:13:09,960 --> 00:13:12,960
Once you understand when a
long-term setup or a position
241
00:13:12,960 --> 00:13:14,970
trade is underway, what does that.
242
00:13:16,490 --> 00:13:17,750
It's given your bias.
243
00:13:18,410 --> 00:13:21,800
It's given you institutional order flow
in a higher timeframe, which is exactly
244
00:13:21,800 --> 00:13:23,360
where the markets are going to be drawn.
245
00:13:23,840 --> 00:13:26,390
These timeframes are what pulled big.
246
00:13:26,420 --> 00:13:31,610
Floes big money, big orders
for what sends the price.
247
00:13:31,730 --> 00:13:35,360
Hundreds of pips, thousands of pips
over weeks and months at a time.
248
00:13:36,110 --> 00:13:40,160
So if you're only looking for a
reasonable, realistic objective
249
00:13:40,160 --> 00:13:41,439
of 50 to a hundred pips per.
250
00:13:42,390 --> 00:13:47,010
Even if you are a short-term trader,
this information is invaluable.
251
00:13:47,459 --> 00:13:51,089
It takes the whole ambiguity of how the
markets are operating and what direction
252
00:13:51,089 --> 00:13:52,829
you should be working on out of it.
253
00:13:53,189 --> 00:13:54,930
You're only focusing on this.
254
00:13:54,959 --> 00:13:56,010
This is all you're looking for.
255
00:13:56,010 --> 00:13:58,319
This set up, this, this
side of the marketplace.
256
00:13:58,380 --> 00:14:01,829
That way you're going to be on the
right side of the large institutions,
257
00:14:01,829 --> 00:14:03,240
because we've already shut.
258
00:14:03,449 --> 00:14:04,680
We've already shown for years.
259
00:14:05,040 --> 00:14:07,730
If you're against what the market
makers are actually doing, you're
260
00:14:07,730 --> 00:14:10,140
you're arm wrestling a bank
and you just can't win that.
261
00:14:10,290 --> 00:14:11,160
It just can't happen.
262
00:14:11,160 --> 00:14:11,310
So.
263
00:14:12,105 --> 00:14:14,595
By having these ideas, framing your setup.
264
00:14:15,135 --> 00:14:17,084
You'll know what it is
that you're looking for.
265
00:14:17,715 --> 00:14:18,795
You're in a higher timeframe.
266
00:14:18,824 --> 00:14:21,015
You're not worrying about
missing it every five minutes.
267
00:14:21,045 --> 00:14:22,185
You don't have to set alerts.
268
00:14:22,215 --> 00:14:23,685
Cause it's not even that time sensitive.
269
00:14:24,074 --> 00:14:25,755
You don't even need to
set alerts about anything.
270
00:14:25,755 --> 00:14:28,515
It's so such a slow timeframe.
271
00:14:28,935 --> 00:14:30,074
You can work your day job.
272
00:14:30,105 --> 00:14:31,694
If you work nights, it
doesn't make a difference.
273
00:14:32,025 --> 00:14:35,564
You know, if you're running a
business, this timeframe is where
274
00:14:35,564 --> 00:14:36,824
all your work should be done.
275
00:14:37,425 --> 00:14:40,275
No matter what discipline of trading
you're doing, this is where it's all.
276
00:14:43,115 --> 00:14:47,525
Now just because you think you see
in order block or a potential setup,
277
00:14:47,765 --> 00:14:50,555
there's things that have to go
along with qualifying that set up.
278
00:14:50,555 --> 00:14:53,075
That means what's the interest
rate market's telling you.
279
00:14:53,375 --> 00:14:57,515
What's the bond, the five-year ten-year
and 30 year note telling you are they
280
00:14:57,515 --> 00:15:00,995
qualifying that, all those things
I'm going to actually break down
281
00:15:00,995 --> 00:15:02,375
the interest rate market for you.
282
00:15:02,435 --> 00:15:06,245
So you know exactly how to use
those divergence patterns to create.
283
00:15:06,944 --> 00:15:08,385
When there's real cumulation.
284
00:15:08,385 --> 00:15:11,415
And when there's real distribution
in the marketplace, you can't get any
285
00:15:11,415 --> 00:15:16,064
better than when the interest rates
are diverging at a specific criteria.
286
00:15:16,484 --> 00:15:21,045
When this occurs, it's like a slam dunk
led pipe sense strain where you just
287
00:15:21,045 --> 00:15:25,275
know this thing is so loaded to go up
or down from this particular level.
288
00:15:25,635 --> 00:15:28,005
It just makes it so much easier to
be on that side of the marketplace.
289
00:15:28,035 --> 00:15:32,145
And when you apply that, you'll see,
even though these, these charts on
290
00:15:32,145 --> 00:15:35,925
the higher timeframe, take a long
time to paint across your charts.
291
00:15:37,110 --> 00:15:40,530
It's also going to teach you patience
because you're going to learn.
292
00:15:40,680 --> 00:15:41,040
Okay.
293
00:15:41,069 --> 00:15:41,370
Yes.
294
00:15:41,370 --> 00:15:45,180
I see a set up for me, but just
because you see it for me, you have
295
00:15:45,180 --> 00:15:47,189
to wait to qualify that set up.
296
00:15:47,670 --> 00:15:53,189
So you'll see when it's starting to
form, you'll see the components that come
297
00:15:53,189 --> 00:15:57,390
together and dovetail beautifully for
it to give you a delivery of a framed.
298
00:15:58,950 --> 00:16:02,850
But just because you see it in
the chart doesn't mean act on it.
299
00:16:03,030 --> 00:16:04,080
You have to qualify.
300
00:16:04,080 --> 00:16:05,070
It has to be quantified.
301
00:16:05,370 --> 00:16:07,230
What makes it a viable setup?
302
00:16:07,260 --> 00:16:09,240
Just because you see it in price.
303
00:16:09,690 --> 00:16:13,830
Is there things behind the scene that
have to be there to orchestrate that
304
00:16:13,830 --> 00:16:16,950
movement you're anticipating, and that's
going to be by the way of the interest
305
00:16:16,950 --> 00:16:21,480
rate market, because that's what drives
price or currencies are driven on these
306
00:16:21,480 --> 00:16:24,120
timeframes on an interest rate basis.
307
00:16:24,390 --> 00:16:24,630
So.
308
00:16:25,770 --> 00:16:27,270
In quotes, I'm doing it with my hands.
309
00:16:27,270 --> 00:16:29,370
If you're in a room with
me, you'd see me in quotes.
310
00:16:29,370 --> 00:16:33,990
This is a fundamental approach to trading
with a long-term perspective I don't need.
311
00:16:33,990 --> 00:16:36,630
And neither do you to go through
bank reports and all those things.
312
00:16:36,960 --> 00:16:40,800
We're going to focus primarily on what
we're looking for in the interest rate.
313
00:16:40,800 --> 00:16:40,950
Mark.
314
00:16:41,740 --> 00:16:45,670
I've had a lot of content over
the years about certain things.
315
00:16:45,910 --> 00:16:49,780
But one of the ones that come up
is when I show the signals that I
316
00:16:49,780 --> 00:16:53,560
qualify with the interest rate market,
everybody's like, wow, this is amazing.
317
00:16:53,560 --> 00:16:54,790
This is exactly what I'm looking for.
318
00:16:54,880 --> 00:16:55,450
Yeah, that's great.
319
00:16:55,450 --> 00:16:56,080
I understand that.
320
00:16:56,320 --> 00:16:58,480
But you can't qualify it.
321
00:16:59,380 --> 00:17:01,930
You can't go into it, your own
charts and see that because
322
00:17:01,930 --> 00:17:02,920
you haven't been exposed to it.
323
00:17:03,370 --> 00:17:04,450
And that's what we're
actually going to do.
324
00:17:04,450 --> 00:17:05,599
We're going to see,
break that down for you.
325
00:17:05,770 --> 00:17:06,660
Remove all the mystery.
326
00:17:09,450 --> 00:17:10,500
Trade entry concepts.
327
00:17:10,530 --> 00:17:11,730
Now here's the wonderful thing.
328
00:17:13,035 --> 00:17:14,415
When are you using a breaker?
329
00:17:14,895 --> 00:17:16,635
When are you using a mitigation block?
330
00:17:16,665 --> 00:17:19,155
When are you using a rejection block?
331
00:17:19,185 --> 00:17:22,275
When are you going to be doing
a fair value gaps, winning
332
00:17:22,305 --> 00:17:23,595
all those types of things.
333
00:17:23,625 --> 00:17:24,015
Okay.
334
00:17:24,225 --> 00:17:27,795
You're getting the foundations for all
that for free for position trading.
335
00:17:28,395 --> 00:17:33,465
And you're going to see by applying all
these tools on every single discipline
336
00:17:33,495 --> 00:17:38,025
approach they repeat themselves, but
there are certain subtle nuances.
337
00:17:38,925 --> 00:17:42,885
You had to focus primarily on when
it relates to certain timeframes,
338
00:17:42,885 --> 00:17:46,034
like the hard timeframe, again,
like we said, ADR and things like
339
00:17:46,034 --> 00:17:47,355
that, then they're not essential.
340
00:17:47,564 --> 00:17:48,195
Time of day.
341
00:17:48,225 --> 00:17:48,975
Not essential.
342
00:17:49,225 --> 00:17:51,585
Doesn't make a difference because
you're looking at a hard timeframe
343
00:17:51,585 --> 00:17:55,185
that has no basis or bearing on
what intraday price actions doing.
344
00:17:56,205 --> 00:17:58,395
You're not even looking at
anything less than a daily chart.
345
00:17:59,024 --> 00:17:59,685
Now think about that.
346
00:18:01,215 --> 00:18:03,465
Oh, yeah, I put some of off right there.
347
00:18:03,795 --> 00:18:04,965
What the daily chart.
348
00:18:05,325 --> 00:18:05,715
Yeah.
349
00:18:05,985 --> 00:18:10,695
You can make a ton of money every
single year and never trade under
350
00:18:11,025 --> 00:18:12,345
the timeframe of a daily chart.
351
00:18:12,375 --> 00:18:16,635
You don't need to do that, but because,
you know, we all like to have action
352
00:18:16,635 --> 00:18:19,155
and be able to have velocity with
our money where we can put it to
353
00:18:19,155 --> 00:18:20,595
work faster and get it to turnover.
354
00:18:20,805 --> 00:18:24,285
A rate of return quicker, intraday trading
in short term chains, allowing them.
355
00:18:25,395 --> 00:18:27,764
We can't all jump into that mindset.
356
00:18:27,794 --> 00:18:32,475
So while we will cover universal
trading concepts for entries, there
357
00:18:32,475 --> 00:18:36,135
are specific nuances that you have
to have for these timeframes on
358
00:18:36,135 --> 00:18:37,304
the hotter timeframe perspective.
359
00:18:37,574 --> 00:18:42,104
And again, it's all fund based in how
the large funds work, their positions
360
00:18:42,104 --> 00:18:43,485
in and how they do the same thing.
361
00:18:43,514 --> 00:18:44,115
And they make that.
362
00:18:46,215 --> 00:18:48,044
And obviously you're going to
have trade management roles.
363
00:18:48,195 --> 00:18:51,254
Now, obviously everything that
I'm giving you here, these seven
364
00:18:51,254 --> 00:18:51,945
points they're going to be.
365
00:18:52,785 --> 00:18:56,895
Broken down every single discipline,
but the trades trade management rules.
366
00:18:57,225 --> 00:18:57,435
Okay.
367
00:18:57,435 --> 00:18:59,205
What am I going to be talking
about in regards to that?
368
00:18:59,355 --> 00:19:02,055
Well, how much money do you put in?
369
00:19:02,835 --> 00:19:04,065
How much money do you risk?
370
00:19:04,845 --> 00:19:06,405
When do you add to positions?
371
00:19:06,795 --> 00:19:10,755
When can you scale something often in
eight and then add it back on, later on,
372
00:19:11,235 --> 00:19:15,945
because you want to be able to take some
profits out, even as a position trader and
373
00:19:15,945 --> 00:19:20,115
allow for these longer-term retracements
that will otherwise make you unhappy.
374
00:19:21,149 --> 00:19:24,389
You want to leave something on, but you
have to learn to take something off,
375
00:19:24,659 --> 00:19:28,200
wait for it, to pull back a little bit
and then add that position back on or
376
00:19:28,200 --> 00:19:32,490
many times at a little bit more, not
much more, but just a little bit more.
377
00:19:32,669 --> 00:19:34,169
So we do a certain measure of.
378
00:19:35,415 --> 00:19:37,455
And this approach, but it's not.
379
00:19:37,455 --> 00:19:40,185
So like I did, when I was a
commodity trader where I would go
380
00:19:40,185 --> 00:19:43,725
in and buy two contracts and four
contracts and eight contracts.
381
00:19:43,725 --> 00:19:45,255
And then 16 is 32.
382
00:19:45,885 --> 00:19:47,025
That's insane.
383
00:19:47,085 --> 00:19:49,365
I mean, yes, you can make a
ton of money when you're right.
384
00:19:49,635 --> 00:19:52,635
But if you're wrong, it doesn't
take much to turn against you
385
00:19:52,635 --> 00:19:53,985
and wipe out everything you got.
386
00:19:54,945 --> 00:19:57,345
So we will build in ideas on
how to manage your position.
387
00:19:57,855 --> 00:20:03,105
Also, I'm going to be hinting at a lot
of things about how you can build in.
388
00:20:03,899 --> 00:20:09,270
Uh, future role, uh, as a fund manager,
because this timeframe, everyone wants to
389
00:20:09,270 --> 00:20:12,180
trade with a very low draw down period.
390
00:20:12,420 --> 00:20:14,730
They don't want to see that
equity curve dip down much.
391
00:20:15,060 --> 00:20:19,290
So if you trade in this timeframe,
you really avoid a lot of that because
392
00:20:19,350 --> 00:20:20,670
you don't get a lot of that whipsaw.
393
00:20:21,060 --> 00:20:24,060
You don't see a lot of that
tendency to want to overlap with.
394
00:20:24,915 --> 00:20:28,035
So you're going to find that trading
with this timeframe, this is going
395
00:20:28,035 --> 00:20:29,205
to be the most lucrative one.
396
00:20:29,235 --> 00:20:32,655
If you're going to be a fund manager,
because it's giving you an opportunity
397
00:20:32,655 --> 00:20:36,105
to have a life you won't live in the
charts, you can conduct a business
398
00:20:36,105 --> 00:20:39,585
and you can still do F really
handsome rewards for a customer.
399
00:20:40,875 --> 00:20:43,995
When you sit down with a principal
and you explained to them what your,
400
00:20:44,085 --> 00:20:47,115
your goal is for a year, you're
not going to be throwing them.
401
00:20:47,115 --> 00:20:47,255
Yeah.
402
00:20:47,305 --> 00:20:48,765
I'm trying to make you 1600%.
403
00:20:49,035 --> 00:20:52,275
Oh, they're not gonna want to listen
to that because they didn't know you're
404
00:20:52,275 --> 00:20:55,725
probably a cowboy, but if you sit down
and say, Hey, look, you know, I have a
405
00:20:55,845 --> 00:21:00,195
pretty good, consistent record where I
can do 20 to 35% a year consistently.
406
00:21:00,195 --> 00:21:02,625
And your drawdown is around 3% a year.
407
00:21:03,105 --> 00:21:05,265
They are all ears about that.
408
00:21:05,295 --> 00:21:06,135
They love that.
409
00:21:06,195 --> 00:21:09,015
If you can talk to someone
with those stats and show them
410
00:21:09,015 --> 00:21:09,915
that you're able to do that.
411
00:21:10,665 --> 00:21:13,305
Believe me, they run throw
money at you all day long.
412
00:21:13,305 --> 00:21:15,705
And they're gonna tell your friends to do
the same thing, because they're going to
413
00:21:15,705 --> 00:21:16,815
feel like a hero when they're at the pub.
414
00:21:17,115 --> 00:21:19,065
Hey, I know a guy that can do
this for you and come on this,
415
00:21:19,065 --> 00:21:20,025
isn't no skin off their back.
416
00:21:20,535 --> 00:21:22,455
They're going to feel like they
hear about talking about it and
417
00:21:22,455 --> 00:21:23,775
you get all that new business.
418
00:21:24,165 --> 00:21:26,745
So all these ideas about trade
management roles, it's not
419
00:21:26,775 --> 00:21:28,125
just limited to getting in.
420
00:21:28,125 --> 00:21:31,005
Where's my stop-loss it's
everything that goes along with
421
00:21:31,155 --> 00:21:32,595
managing these hard timeframes.
422
00:21:32,925 --> 00:21:34,305
So you're getting a full immersion.
423
00:21:34,635 --> 00:21:36,765
Every single time I took a teaching on it.
424
00:21:36,765 --> 00:21:37,185
Discipline.
425
00:21:38,625 --> 00:21:42,135
This is going to be how you can
apply this in a business capacity,
426
00:21:42,135 --> 00:21:44,745
where if you want to be a fund
manager, this is how you can do it.
427
00:21:45,165 --> 00:21:48,064
Eventually when we go into the short term
timeframes and we start doing day trading
428
00:21:48,084 --> 00:21:53,804
short-term trading, I am not giving you
my permission to teach my things, but
429
00:21:53,804 --> 00:21:59,114
I am giving you permission to operate
as a manager to do signal services.
430
00:21:59,504 --> 00:22:03,044
Or if you want to manage funds, you
can do that, but you cannot divulge
431
00:22:03,044 --> 00:22:04,455
the information that gets that.
432
00:22:05,250 --> 00:22:05,910
That's the only thing.
433
00:22:05,910 --> 00:22:07,800
That's what the non-disclosure
is protecting me from.
434
00:22:08,100 --> 00:22:10,740
And if you do those types of things,
we're going to be talking, you know,
435
00:22:10,860 --> 00:22:15,030
legally, but as long as you don't
share the information, information
436
00:22:15,060 --> 00:22:20,040
that derives these signals or these
decisions, you're free to have a business
437
00:22:20,100 --> 00:22:21,720
that you don't even have to trade.
438
00:22:22,020 --> 00:22:24,120
You don't ever have to put your
own money in the marketplace
439
00:22:24,120 --> 00:22:25,710
and you can do very, very well.
440
00:22:26,220 --> 00:22:28,830
Most people are actually, uh, you know,
they're not in our group that really
441
00:22:28,830 --> 00:22:29,880
aren't interested in learning from.
442
00:22:30,659 --> 00:22:33,930
They make a big deal about how
I'm making 125, $130,000 a month.
443
00:22:33,960 --> 00:22:37,409
Now with just doing this and I'm
teaching through a demo, I'm not even
444
00:22:37,409 --> 00:22:38,940
actually trading with real money.
445
00:22:39,090 --> 00:22:41,700
That's not entirely true, but that's
what I'm trying to explain to you.
446
00:22:41,700 --> 00:22:44,850
There's other ways to make money,
even if you have a shoestring budget
447
00:22:44,850 --> 00:22:49,680
right now, working with this higher
timeframe position trading ideas.
448
00:22:50,504 --> 00:22:52,004
You don't have to have a lot of money.
449
00:22:52,065 --> 00:22:54,435
Some of you are probably investing
majority of everything you have
450
00:22:54,435 --> 00:22:55,665
just to get through this mentorship.
451
00:22:56,175 --> 00:23:00,285
Don't let that discourage you because
what you're learning in this will give you
452
00:23:00,285 --> 00:23:03,675
all the tools to drum up outside money.
453
00:23:03,855 --> 00:23:05,895
Other people's money can make you wealthy.
454
00:23:06,195 --> 00:23:09,855
You don't have to have the money
for you to make money, but you
455
00:23:09,855 --> 00:23:10,725
do have to have the skills.
456
00:23:11,534 --> 00:23:14,595
And you have to have a skill
set that is consistent.
457
00:23:14,745 --> 00:23:15,794
It has to be smooth.
458
00:23:15,824 --> 00:23:20,715
It cannot have erratic delivery
of profits and it gets taken away
459
00:23:21,165 --> 00:23:24,465
abruptly, a higher timeframe trading
like this will remove all that.
460
00:23:24,465 --> 00:23:27,165
And it helps for every discipline
approach that you're going to learn
461
00:23:27,165 --> 00:23:31,455
from me, gain a trade exit concepts.
462
00:23:31,485 --> 00:23:34,814
You know, when you're gonna take
profits, um, scaling out as well, same
463
00:23:34,814 --> 00:23:38,564
thing, uh, everything that you would
need to term determine a exit strategy.
464
00:23:40,140 --> 00:23:41,700
I known that I employ myself.
465
00:23:42,090 --> 00:23:44,130
I'm going to teach you
every single one of them.
466
00:23:46,500 --> 00:23:51,090
Just because you get an exit for
the position tree that does not mean
467
00:23:51,209 --> 00:23:54,479
that, that doesn't, uh, provide you
an opportunity on a lower timeframe.
468
00:23:54,479 --> 00:23:58,050
So again, imagine for a moment that
you're in a position and you've
469
00:23:58,050 --> 00:24:03,229
been long for a short dollar long
cable, and you've been making a good.
470
00:24:03,975 --> 00:24:08,985
The good month of a pips behind you
on long positions on pound dollar.
471
00:24:09,524 --> 00:24:11,925
And you're looking to take
your profits on your position.
472
00:24:12,225 --> 00:24:12,465
Okay.
473
00:24:12,465 --> 00:24:13,245
Long-term positions.
474
00:24:13,784 --> 00:24:17,235
That doesn't mean as a trader
that you can't take long,
475
00:24:17,235 --> 00:24:18,794
still on the short-term basis.
476
00:24:19,034 --> 00:24:21,555
It just means that on your
higher timeframe level
477
00:24:21,555 --> 00:24:23,895
perspective, it's probably done.
478
00:24:23,895 --> 00:24:25,034
You want to take your profits there.
479
00:24:26,175 --> 00:24:27,495
So you're just going to be rolling.
480
00:24:28,304 --> 00:24:30,735
That you're going to learn
about just because the hard
481
00:24:30,735 --> 00:24:31,905
timeframe is telling you, okay.
482
00:24:32,054 --> 00:24:34,004
It's time for you to be getting
out of your own position.
483
00:24:34,335 --> 00:24:35,024
Long-term positions.
484
00:24:35,024 --> 00:24:37,054
Now, if you don't.
485
00:24:38,070 --> 00:24:42,120
Move out of the long-term position and
start focusing on the lower timeframes
486
00:24:42,120 --> 00:24:47,340
at certain points in price you won't see,
and won't be sensitive to those potential
487
00:24:47,340 --> 00:24:49,860
reversals that sometimes are very dynamic.
488
00:24:49,890 --> 00:24:54,780
And again, give you velocity
for your profits and equity
489
00:24:54,780 --> 00:24:56,700
to turn turnover quickly when
you're in your lower timeframes.
490
00:24:57,090 --> 00:25:00,420
So it's going to give you a
lot of criteria to work within,
491
00:25:00,840 --> 00:25:03,720
even though you're exiting
on your long-term positions.
492
00:25:04,070 --> 00:25:05,250
Again, that doesn't mean.
493
00:25:06,014 --> 00:25:09,615
That you're going to immediately go
short cable because you're taking long
494
00:25:09,615 --> 00:25:12,105
exits on your long-term positions.
495
00:25:12,135 --> 00:25:15,885
It just means that you are now
getting out a very favorable position.
496
00:25:16,935 --> 00:25:20,775
For your long-term trades, then you
have to switch to a lower timeframe
497
00:25:20,775 --> 00:25:23,475
and you're going to see it with the,
uh, the PDF files and the flow charts
498
00:25:23,475 --> 00:25:24,585
that you get in August this year.
499
00:25:25,095 --> 00:25:26,775
You'll see how all this
stuff works together.
500
00:25:26,925 --> 00:25:30,555
And it gives you a complete map on what
you're supposed to be doing right now.
501
00:25:30,975 --> 00:25:34,005
And literally, as long as you do
this, spend about 15 minutes in the
502
00:25:34,035 --> 00:25:37,185
charts and see where you're at in this
grand scheme of things and your meal,
503
00:25:37,185 --> 00:25:39,735
you know, where you're at and just
plug and play what you need to do.
504
00:25:39,735 --> 00:25:42,705
And if you don't have anything
to do, you have to submit it.
505
00:25:46,565 --> 00:25:50,675
And then obviously every single
day, um, there will be a journaling
506
00:25:51,155 --> 00:25:53,405
exercise that I do every single day.
507
00:25:53,405 --> 00:25:56,105
There will be charts every single day.
508
00:25:56,375 --> 00:25:59,885
There'll be a commentary of some kind,
because that way it activates the forum
509
00:26:00,274 --> 00:26:03,485
and that, you know, you'll know that
there's been something added to the
510
00:26:04,325 --> 00:26:08,764
January thread, but I'm going to cover
how you're supposed to journal every
511
00:26:08,764 --> 00:26:12,395
single day when you're position trading
or when you're looking for new options.
512
00:26:13,379 --> 00:26:14,639
It helps you stay focused.
513
00:26:14,639 --> 00:26:19,260
It keeps the patients factor in the
forefront of your mind that it's not about
514
00:26:19,260 --> 00:26:20,639
rushing to get in and take that trade.
515
00:26:21,870 --> 00:26:24,419
And it helps you keep focused and dialed
in on the right side of the marketplace.
516
00:26:24,840 --> 00:26:27,959
And when you know these types of
skillsets and what it is that you're
517
00:26:27,959 --> 00:26:32,100
using each time you go into the market,
you're going to see that there's a,
518
00:26:32,199 --> 00:26:33,810
there's not a lot of position trades.
519
00:26:34,980 --> 00:26:37,800
You know, signaling, you know, when
there's not a lot of buys and it's not
520
00:26:37,800 --> 00:26:43,770
a lot of cells, but you'll understand
what level has just recently activated
521
00:26:43,800 --> 00:26:45,930
a new buy program or sell program.
522
00:26:47,010 --> 00:26:51,990
And even though there may not be an entry
right now, it'll teach you how to stay
523
00:26:51,990 --> 00:26:54,120
focused on that side of the marketplace.
524
00:26:54,510 --> 00:26:55,470
And guess what that does.
525
00:26:56,190 --> 00:26:58,950
It teaches you institutional
order flow by default.
526
00:26:59,700 --> 00:27:01,680
You won't go in there looking to go again.
527
00:27:02,400 --> 00:27:02,790
You'll know.
528
00:27:02,790 --> 00:27:04,860
Okay, well, I'm looking at it now.
529
00:27:04,890 --> 00:27:07,260
I can see that it's clearly
reacted to this level.
530
00:27:07,440 --> 00:27:09,270
I know it should be going to this level.
531
00:27:09,360 --> 00:27:13,470
So while I don't have an entry
rate, now it does give me a context
532
00:27:13,470 --> 00:27:16,620
of the marketplace that permits
me to say, okay, this is what I'm
533
00:27:16,620 --> 00:27:18,990
looking for on the four hour chart.
534
00:27:19,020 --> 00:27:23,670
Now this is what I'm looking for for the
hourly chart and the 15 minute chart and
535
00:27:23,670 --> 00:27:27,870
all those ideas, we'll start removing
those blinders you have right now.
536
00:27:28,800 --> 00:27:33,600
You have a lot of information and
everything that you've been exposed to,
537
00:27:34,020 --> 00:27:38,550
some of you are trying to apply to every
condition in the marketplace and every
538
00:27:38,550 --> 00:27:40,740
single trading day in every single pair.
539
00:27:41,400 --> 00:27:43,890
And there's no way that you're
going to be profitable doing
540
00:27:43,890 --> 00:27:45,450
that just isn't gonna happen.
541
00:27:45,810 --> 00:27:51,450
So by having my personal perspective
in journaling every single day, From
542
00:27:51,450 --> 00:27:54,840
this point on, there is not going
to be a day that does not have me
543
00:27:54,870 --> 00:27:59,250
journaling or showing you what my
charts look like as I do it daily.
544
00:27:59,520 --> 00:28:04,110
So what you, what you see is exactly
what I have that goes into my
545
00:28:04,110 --> 00:28:07,920
personal journal, the notations,
the expectations, everything,
546
00:28:07,920 --> 00:28:09,090
everything that I have on there.
547
00:28:10,320 --> 00:28:14,130
So while my comments that go
on the forum in the form of
548
00:28:14,130 --> 00:28:16,470
creating a new activity posts.
549
00:28:16,470 --> 00:28:20,190
So that way everyone knows by subscribing
to the thread, there's something to go and
550
00:28:20,190 --> 00:28:26,850
watch or go in there and study the charts
are going to be more specifically oriented
551
00:28:26,850 --> 00:28:30,960
to teaching you what I'm anticipating
and what I'm focusing on that way.
552
00:28:30,960 --> 00:28:31,980
It's the same thing.
553
00:28:31,980 --> 00:28:35,280
Cause if I tell you something in text, or
if I say something to you audibly, like
554
00:28:35,280 --> 00:28:38,310
I'm doing now, if we put 50 people in the.
555
00:28:39,240 --> 00:28:42,000
30 people is going to hear one
thing and focus on one thing.
556
00:28:42,419 --> 00:28:46,260
It's going to be salient to
them, but it's not going to draw
557
00:28:46,290 --> 00:28:48,090
attention to a number of others.
558
00:28:48,300 --> 00:28:51,360
And a handful of you would probably
still be confused about what I just said.
559
00:28:52,050 --> 00:28:57,689
So to take all that away and focus
your attention on what you look at
560
00:28:57,750 --> 00:29:01,230
every single day in the marketplace,
how little things change on this
561
00:29:01,230 --> 00:29:03,030
timeframe, and it keeps your perspective.
562
00:29:04,310 --> 00:29:07,530
Once I have the marketplace and you
watch these daily charts, these daily
563
00:29:07,530 --> 00:29:11,250
bars start painting and going right
to the levels that we're looking for.
564
00:29:11,880 --> 00:29:15,540
We watched the month of September and
October, where I went through just
565
00:29:15,660 --> 00:29:21,360
every day where the market was literally
performing to script every level,
566
00:29:21,360 --> 00:29:23,100
every direction we were looking for.
567
00:29:23,250 --> 00:29:25,020
It's documented it's in there.
568
00:29:25,290 --> 00:29:29,610
So when you see those types of
things there, evidence as to what
569
00:29:29,610 --> 00:29:32,300
you're going to be learning in
January, how to do that same.
570
00:29:33,120 --> 00:29:36,960
Now am I saying you're going to walk
right out of here in January and do the
571
00:29:36,960 --> 00:29:38,370
same thing I was able to do in September.
572
00:29:38,370 --> 00:29:40,110
Call everything, almost do the PIP.
573
00:29:40,500 --> 00:29:43,889
No, but you're going to have a great
deal of understanding what it is.
574
00:29:43,889 --> 00:29:45,389
That's going to get you to that level.
575
00:29:45,420 --> 00:29:49,020
And preferably beyond that, you're
going to know why you shouldn't be
576
00:29:49,020 --> 00:29:52,830
doing something, which is the most
important thing to take away this month.
577
00:29:53,580 --> 00:29:57,960
So your goal and your notepad right now,
you need to be, write it and underline
578
00:29:57,960 --> 00:30:00,780
it several times and highlight it and
circle and draw all kinds of errors to it.
579
00:30:00,780 --> 00:30:02,340
This is what I'm supposed
to learn this month.
580
00:30:03,330 --> 00:30:06,810
You're going to learn
when not to do anything.
581
00:30:07,740 --> 00:30:12,510
Now, if I would have sold this on
PayPal with a link, learn what not to
582
00:30:12,510 --> 00:30:17,460
do when not to do something, there's
nobody buying that because the myopic
583
00:30:17,460 --> 00:30:19,950
view is I can't make money with that.
584
00:30:20,670 --> 00:30:25,050
When the mature perspective is I
could save myself so much money,
585
00:30:25,140 --> 00:30:29,760
not throwing good money after bad
setups or Phantoms, you're gonna
586
00:30:29,760 --> 00:30:30,900
be chasing things that aren't.
587
00:30:31,860 --> 00:30:35,280
So think about this in
closing per today's teaching.
588
00:30:36,480 --> 00:30:42,990
I want you to think about if we understand
the institutions and banks, push price
589
00:30:42,990 --> 00:30:48,960
around the arm, wrestling matches not
between retail traders against smart mind.
590
00:30:48,990 --> 00:30:49,980
That's not what it is.
591
00:30:50,280 --> 00:30:50,669
Okay.
592
00:30:51,090 --> 00:30:57,810
I teach the perspective that retail ideas
are absolutely used at the fund level.
593
00:30:57,840 --> 00:30:59,970
That's why not every fund makes money.
594
00:31:01,125 --> 00:31:05,145
Every fund has large flows
and capital behind them.
595
00:31:05,195 --> 00:31:07,005
They have vast amounts of money.
596
00:31:07,575 --> 00:31:14,115
So when the central banks make moves
okay, against these levels, they know
597
00:31:14,115 --> 00:31:19,035
that their trading departments are
doing what they're capitalizing on that.
598
00:31:19,725 --> 00:31:22,425
So if they're going to make a
move on a level that has a high
599
00:31:22,425 --> 00:31:25,275
level of liquidity around it
above an old, higher below an old.
600
00:31:26,324 --> 00:31:28,514
They aren't necessarily thinking
we're on, we're going to all
601
00:31:28,514 --> 00:31:30,405
run out the FXCM by stops.
602
00:31:30,675 --> 00:31:32,655
We're running out
Orlando, sell stuff today.
603
00:31:32,804 --> 00:31:35,834
We're targeting GFT stops.
604
00:31:36,675 --> 00:31:42,885
That's not how this works, but to make you
understand it for the last seven years,
605
00:31:43,334 --> 00:31:47,625
I've literally sat down with you and told
you the only way I can make you understand
606
00:31:47,625 --> 00:31:50,294
it is it's a them versus us mentality.
607
00:31:50,804 --> 00:31:53,895
Think of it like that
because I can't teach you.
608
00:31:54,689 --> 00:31:58,350
But you can now learn, cause you're
in this group, I can teach you how
609
00:31:58,350 --> 00:32:01,199
the funds operate, how they go in
and what the mechanics are that
610
00:32:01,199 --> 00:32:02,580
make them do their types of traits.
611
00:32:03,210 --> 00:32:06,540
So if we understand what makes
them do the things that they
612
00:32:06,540 --> 00:32:08,760
do, what does that teach us?
613
00:32:08,820 --> 00:32:11,610
It teaches us to know how to hunt them.
614
00:32:12,510 --> 00:32:15,899
Now we can't actively go against
the funds because we're not
615
00:32:15,960 --> 00:32:18,780
literally trading against them
many times in the retail Lord.
616
00:32:18,820 --> 00:32:22,050
We're trading inside of our own
little broker's liquidity pool.
617
00:32:22,350 --> 00:32:23,699
We're really trading against the.
618
00:32:24,585 --> 00:32:26,534
The broker, they make a book against us.
619
00:32:26,955 --> 00:32:31,455
So while that may be vilified in many
circumstances, if you understand what
620
00:32:31,455 --> 00:32:34,845
you're looking for, believe me, you
can still do well, but you're going to
621
00:32:34,845 --> 00:32:37,814
want to graduate out of trading retail.
622
00:32:37,875 --> 00:32:42,014
Your goal is you want to leave that
realm because when you start getting
623
00:32:42,014 --> 00:32:45,585
highly efficient, when you start
getting proficient about your entries
624
00:32:45,585 --> 00:32:48,975
and your exits and your profitability
and your drawdowns, very, very smooth.
625
00:32:49,965 --> 00:32:52,935
You're a broker and I'm telling
you this, and I will only tell you
626
00:32:52,935 --> 00:32:59,715
this, in this, in this medium, every
single broker will make a run on
627
00:32:59,715 --> 00:33:01,785
you and screw with your execution.
628
00:33:01,785 --> 00:33:04,605
When you start being coming
consistently profitable, I've had it
629
00:33:04,605 --> 00:33:10,185
happen in every single broker, every
single broker GFT FXCM oh, anda.
630
00:33:10,275 --> 00:33:13,065
When I started making money,
I couldn't get the quote.
631
00:33:13,095 --> 00:33:14,385
It was misquote off code.
632
00:33:14,775 --> 00:33:16,185
Uh, they would requote me now.
633
00:33:18,065 --> 00:33:19,515
They're going to do this to you.
634
00:33:19,635 --> 00:33:19,935
Okay.
635
00:33:19,935 --> 00:33:22,605
So the goal is, is when you start
making a little bit more money.
636
00:33:22,845 --> 00:33:23,295
Okay.
637
00:33:24,555 --> 00:33:27,375
You want to have the goal in
mind where you're going to leave.
638
00:33:27,645 --> 00:33:28,095
Okay.
639
00:33:28,365 --> 00:33:31,905
I don't, I get asked a lot, you know,
what brokers, what I recommend and I
640
00:33:31,905 --> 00:33:35,265
don't do that openly because there's a
lot of stipulations that go around that.
641
00:33:35,475 --> 00:33:35,715
Okay.
642
00:33:35,715 --> 00:33:39,255
But I'm going to tell you this because
you're in here and it's a private setting.
643
00:33:40,275 --> 00:33:41,535
If you can afford to treat.
644
00:33:42,854 --> 00:33:43,205
Okay.
645
00:33:43,475 --> 00:33:46,604
And they have a little bit higher
opening balance and you won't, you
646
00:33:46,604 --> 00:33:50,685
won't be able to do this right away,
but when you any smaller little shops
647
00:33:50,685 --> 00:33:58,155
like FXCM and Owen done stuff, those
brokers, even though tried to screw
648
00:33:58,155 --> 00:34:03,945
me and I got what I got back from them
and more, um, they have a platform
649
00:34:03,945 --> 00:34:05,294
that lets just about anybody come in.
650
00:34:06,854 --> 00:34:08,895
If you learn how to use the
things that you've learned this
651
00:34:08,895 --> 00:34:10,725
year from me, you can beat FX.
652
00:34:11,490 --> 00:34:15,150
You can beat them, but you can
not use ultra short term stops.
653
00:34:15,330 --> 00:34:17,250
You can't treat with these five pit stops.
654
00:34:17,250 --> 00:34:18,300
Like you see everybody on Twitter.
655
00:34:18,510 --> 00:34:19,770
Oh, you have three pips stop on it.
656
00:34:19,770 --> 00:34:20,490
And five PIP stop.
657
00:34:20,639 --> 00:34:21,840
You can't trade like that.
658
00:34:22,530 --> 00:34:25,740
You got to give yourself some
distance, some width away from there.
659
00:34:26,159 --> 00:34:30,120
And I'm talking about 50, 60 pips
in terms of stops because they are
660
00:34:30,120 --> 00:34:33,690
notorious for making really wide spreads.
661
00:34:33,840 --> 00:34:34,230
Okay.
662
00:34:34,290 --> 00:34:37,650
The run you out and I've experienced it.
663
00:34:37,679 --> 00:34:39,210
I have literally experienced it.
664
00:34:40,440 --> 00:34:43,889
If the goal is you want to build
your equity up to go to a little
665
00:34:43,889 --> 00:34:51,060
bit more better grade broker city
pro city pro is again another
666
00:34:51,060 --> 00:34:52,259
place where I have my money parked.
667
00:34:52,529 --> 00:34:52,919
Okay.
668
00:34:53,190 --> 00:34:56,460
I have a limited partnership with,
uh, a long-term friend of mine.
669
00:34:56,909 --> 00:35:00,359
Um, actually, uh, I did some work
for him as a younger man and.
670
00:35:01,230 --> 00:35:04,140
Well, our development as a, as a
friendship grew over the years.
671
00:35:04,140 --> 00:35:07,860
And once I dive all to what I was
doing, he has money obviously.
672
00:35:07,890 --> 00:35:11,430
And, uh, we, we have a limited
partnership and I trade funds.
673
00:35:12,240 --> 00:35:15,450
And the goal is I'm building
that account up to eventually
674
00:35:15,450 --> 00:35:17,160
move him into a prime brokerage.
675
00:35:17,490 --> 00:35:22,140
And there won't be any leverage
there and you want this, okay.
676
00:35:22,200 --> 00:35:22,740
Trust me.
677
00:35:22,740 --> 00:35:26,400
You want to move your money
out of all retail trading.
678
00:35:26,400 --> 00:35:30,420
Now I have two retail trading
accounts that actually work with that.
679
00:35:30,480 --> 00:35:32,700
I use it's just entertainment for me.
680
00:35:32,820 --> 00:35:34,050
It's kind of like my casino.
681
00:35:34,440 --> 00:35:34,710
Okay.
682
00:35:34,710 --> 00:35:38,310
I go in and I try to parlay that up
every single year, as much as I possibly.
683
00:35:39,315 --> 00:35:41,685
I know I'm not going to go
broke by trading them, but it
684
00:35:41,685 --> 00:35:43,545
gives me something to work with.
685
00:35:43,815 --> 00:35:48,075
And, and basically it's like my
playground, my prime brokerage.
686
00:35:48,464 --> 00:35:48,915
Okay.
687
00:35:48,944 --> 00:35:51,975
There's little, there's no
funny money gains in that.
688
00:35:52,005 --> 00:35:53,025
There's no leverage.
689
00:35:53,025 --> 00:35:54,884
They don't want you to have
any leverage whatsoever.
690
00:35:55,185 --> 00:36:05,085
And that risk is so minute it's one
quarter of 1%, one quarter of 1% that.
691
00:36:06,404 --> 00:36:12,345
Does over $750,000 a year without
even trying, without even trying.
692
00:36:13,245 --> 00:36:15,825
So don't think you need leverage.
693
00:36:16,065 --> 00:36:17,115
You don't need leverage.
694
00:36:17,145 --> 00:36:17,565
Okay.
695
00:36:17,805 --> 00:36:21,825
You want to get to the point
where you leverage and completely
696
00:36:21,825 --> 00:36:22,935
take all the leverage out.
697
00:36:23,145 --> 00:36:26,685
That means if you have a hundred
thousand dollars, you're only
698
00:36:26,685 --> 00:36:27,975
trading one standard lot.
699
00:36:28,395 --> 00:36:31,484
Preferably you're trading five minis.
700
00:36:31,875 --> 00:36:32,625
That would be ideal.
701
00:36:33,944 --> 00:36:37,515
But you're not thinking that way, but
when you do position trades like this,
702
00:36:38,145 --> 00:36:41,234
think in terms of, even if you don't
want to be a fund manager, you want to
703
00:36:41,234 --> 00:36:46,125
think in terms of how, if you were being
an operator for a principal's money.
704
00:36:46,544 --> 00:36:49,575
Whereas the principal is someone that's
allocating funds for your management.
705
00:36:50,205 --> 00:36:55,544
If you are dealing this for them,
for a group of people and you are
706
00:36:55,544 --> 00:36:59,654
operating as that fund manager,
think about that role reversal.
707
00:36:59,654 --> 00:37:02,345
If you were trusting someone
else to do what you're trying to.
708
00:37:03,495 --> 00:37:10,245
Would you be more comfortable with the
money gradually, slowly going up, or would
709
00:37:10,245 --> 00:37:15,795
it be uncomfortable for you to see 20,
30% returns and then watch 15 to 20% come
710
00:37:15,795 --> 00:37:20,025
back down two or three times a year, even
though it might be profitable, would you
711
00:37:20,025 --> 00:37:24,795
be comfortable weathering that the answers
should be no, you're not going to comment.
712
00:37:25,545 --> 00:37:27,134
But right now it's a new
trader you're thinking.
713
00:37:27,285 --> 00:37:27,525
Yeah.
714
00:37:27,555 --> 00:37:31,275
Give me those couple months where it's
drawdown is heavy, but if I can make
715
00:37:31,305 --> 00:37:33,525
three, 400% a year, I'm okay with that.
716
00:37:33,674 --> 00:37:37,305
I'm telling you you're not okay with
that when you start experiencing it.
717
00:37:37,575 --> 00:37:40,565
And if you've traded with life, money
is the reason why I teach in a demo.
718
00:37:40,595 --> 00:37:43,605
I tell you don't deal with
life funds because you end up
719
00:37:43,634 --> 00:37:46,424
learning very poor thinking.
720
00:37:46,995 --> 00:37:49,964
You get toxic thinking, you
start worrying about losing
721
00:37:49,964 --> 00:37:51,734
money and you can't make money.
722
00:37:51,734 --> 00:37:53,714
When it's scared money at
work, you can't do that.
723
00:37:54,525 --> 00:37:59,415
So when we have these ideas taught and
you learn by journaling and keeping
724
00:37:59,415 --> 00:38:05,295
these elements in your charts and
you, and you have a daily approach and
725
00:38:05,295 --> 00:38:08,775
routine, you go through, you're going
to learn skill sets that will allow you
726
00:38:08,775 --> 00:38:10,815
to deliver a very smooth equity curve.
727
00:38:11,025 --> 00:38:12,915
It's not a dynamic vertical climb.
728
00:38:12,915 --> 00:38:14,715
Like it's a NASA rocket taking off.
729
00:38:15,225 --> 00:38:19,155
You want a small, smooth,
incremental equity curve.
730
00:38:19,725 --> 00:38:22,155
That's what you want, because if you have.
731
00:38:23,635 --> 00:38:27,355
Even if God forbid you have a
job or have a business right now,
732
00:38:27,415 --> 00:38:28,675
anything can happen this year.
733
00:38:29,125 --> 00:38:30,625
Anything can happen this year.
734
00:38:30,625 --> 00:38:33,205
In fact, I think something's
going to happen this month.
735
00:38:33,635 --> 00:38:35,575
You know, I think that we're
going to have, you know, something
736
00:38:36,085 --> 00:38:41,005
happened as a, uh, as a result of
Trump being in office, or maybe not
737
00:38:41,005 --> 00:38:42,205
getting an office off the cabin.
738
00:38:42,535 --> 00:38:45,685
But personally, I think that
we're going to see a major
739
00:38:45,685 --> 00:38:47,125
shift in the financial markets.
740
00:38:47,935 --> 00:38:48,805
And guess what?
741
00:38:48,805 --> 00:38:51,655
That may impact your finances
that may impact your business.
742
00:38:52,544 --> 00:38:55,875
That's going to have an adverse effect
on your psychology about the marketplace.
743
00:38:55,875 --> 00:38:58,964
And it's also going to affect
your ability to make money if
744
00:38:58,964 --> 00:39:00,134
you're thinking high leverage.
745
00:39:00,765 --> 00:39:04,185
But now contrast that with, if you're not
thinking about high leverage, and you're
746
00:39:04,214 --> 00:39:08,265
not thinking about massive increases per
month, but you want smooth equity curves.
747
00:39:08,415 --> 00:39:12,285
If you can do that, when turmoil is in
the market and global meltdowns return,
748
00:39:12,355 --> 00:39:16,904
you're taking place and you have still
smooth equity curves, you are a magnet
749
00:39:17,475 --> 00:39:19,154
for people to put money in your hands.
750
00:39:19,694 --> 00:39:21,375
So even though your ideas.
751
00:39:22,455 --> 00:39:24,495
Scenario is never managed
other people's money.
752
00:39:25,095 --> 00:39:27,495
OTM is not your prerogative.
753
00:39:27,674 --> 00:39:30,794
You want to still have that in
your back pocket, cause I'm gonna
754
00:39:30,794 --> 00:39:33,915
tell you right now, I didn't want
to manage other people's money.
755
00:39:34,335 --> 00:39:37,245
When I first started, I could care
less about anybody else's views
756
00:39:37,245 --> 00:39:38,714
about what I should be doing.
757
00:39:38,895 --> 00:39:42,404
It was only about me focusing on me
and getting myself to the next level.
758
00:39:43,544 --> 00:39:48,075
But if I can, uh, cultivate the idea
that if you, as the trader can keep.
759
00:39:48,930 --> 00:39:50,100
You're trading under control.
760
00:39:50,160 --> 00:39:54,330
You're using a hard timeframe
basis, the frame, all those ideas by
761
00:39:54,960 --> 00:39:58,830
default, you're going to have that
skill set that allows very smooth
762
00:39:58,860 --> 00:40:01,470
equity, curves, very little draw down.
763
00:40:01,710 --> 00:40:04,080
You're going to have it, but you're
going to have very little drawdown.
764
00:40:04,410 --> 00:40:09,720
And as you can do that in Involta markets
and still show a profit, you'll always
765
00:40:09,720 --> 00:40:14,250
have the ability like I did, because
I didn't have the ability to trade.
766
00:40:14,640 --> 00:40:16,279
Like I thought I did when
I first started, I got.
767
00:40:17,175 --> 00:40:19,485
I got very, very lucky
doing stupid things.
768
00:40:19,695 --> 00:40:23,055
And then when I realized I could not
trade, I didn't know what I was doing.
769
00:40:23,055 --> 00:40:25,995
I had to really learn what I was
supposed to be doing in the marketplace.
770
00:40:27,045 --> 00:40:30,465
Once I understood a little bit more,
I couldn't deal with the waiting.
771
00:40:30,525 --> 00:40:32,685
I had to hurry up and
get back to having money.
772
00:40:33,375 --> 00:40:34,155
So what did I do?
773
00:40:34,515 --> 00:40:38,375
I talked about managing other people's
money and I went in and I did a couple of
774
00:40:38,385 --> 00:40:41,235
things for a few individuals around the
area and did some things for my family.
775
00:40:41,595 --> 00:40:44,775
And it got me some scratch
up, gave me some work where
776
00:40:44,775 --> 00:40:45,765
I can get some money to get.
777
00:40:47,540 --> 00:40:51,169
So don't think for a minute that
even though you may not be wanting
778
00:40:51,169 --> 00:40:55,399
to manage other people's money, now
believe me, it was a lifesaver for me.
779
00:40:55,520 --> 00:40:58,970
Now, when you're doing it,
it's very, very stressful.
780
00:40:59,149 --> 00:41:03,950
If you're trying to deliver high
results, if you don't have to put
781
00:41:03,950 --> 00:41:08,450
this big thing of returns in there
and you're in your prospect and
782
00:41:08,450 --> 00:41:11,359
your time to tell your client, I
can double your money every time.
783
00:41:12,694 --> 00:41:13,774
That's not what you want to do.
784
00:41:13,805 --> 00:41:14,765
You don't want to do that.
785
00:41:14,765 --> 00:41:19,745
You want to give them a very
realistic, handsome objective of
786
00:41:19,745 --> 00:41:23,075
looking for 25, 30% return per year.
787
00:41:23,585 --> 00:41:28,895
That's phenomenal if you don't deliver
that and say you deliver 18 to 20%,
788
00:41:29,524 --> 00:41:30,665
are they going to curse you out?
789
00:41:30,694 --> 00:41:31,504
No, they're not.
790
00:41:31,955 --> 00:41:32,495
They're not.
791
00:41:32,705 --> 00:41:36,725
And they're actually going to give you
more money because you didn't lose money.
792
00:41:36,845 --> 00:41:37,685
You were consistent.
793
00:41:38,715 --> 00:41:41,415
You had an objective, but you
didn't hit that objective, but
794
00:41:41,415 --> 00:41:44,025
you did far better than they would
ever imagine to do anywhere else.
795
00:41:44,445 --> 00:41:49,875
If you have the skillsets that lend well
to your psychology as a trader, that
796
00:41:49,875 --> 00:41:52,785
you can do other frameworks of trades,
where you can do short-term trades
797
00:41:52,905 --> 00:41:56,115
and you can have more velocity behind
the trades using what you're going to
798
00:41:56,115 --> 00:42:01,395
learn in January, all these ideas it's
going to provide you the means of yes,
799
00:42:01,845 --> 00:42:03,585
putting their money or your money.
800
00:42:03,795 --> 00:42:07,950
It works in more, uh, Volatile
condition where you're
801
00:42:07,950 --> 00:42:09,600
trading more short-term moves.
802
00:42:10,020 --> 00:42:10,470
Okay.
803
00:42:11,009 --> 00:42:14,160
More moves means there's more
opportunity for you to lose money.
804
00:42:14,160 --> 00:42:17,430
So just, you remember, everything
has a checks and balances in here.
805
00:42:17,580 --> 00:42:18,870
There's a cause and effect to everything.
806
00:42:19,410 --> 00:42:23,520
You have very little trading in
position trading, but you'll see on
807
00:42:23,520 --> 00:42:27,390
the high timeframes prices, very pure.
808
00:42:27,420 --> 00:42:32,160
It sounds almost like it's easy, but
what makes it hard is you have to wait.
809
00:42:32,370 --> 00:42:35,130
It takes so long for
these things to happen.
810
00:42:35,430 --> 00:42:35,730
And that one.
811
00:42:36,495 --> 00:42:38,055
Problem with long-term trading.
812
00:42:38,055 --> 00:42:41,085
It's still is, but the thing I've
taken away from it, and this is
813
00:42:41,085 --> 00:42:41,865
what I'm going to close with.
814
00:42:42,795 --> 00:42:46,995
If you understand that, even though
it takes forever for these things
815
00:42:46,995 --> 00:42:48,825
to set up, what does it tell us?
816
00:42:48,915 --> 00:42:52,455
It tells us when something's underlying
right now, moving the direction of
817
00:42:52,455 --> 00:42:55,785
the market higher or lower, that tends
to stay in motion for a period of
818
00:42:55,785 --> 00:42:57,915
time to allows us many opportunities.
819
00:42:59,355 --> 00:43:00,045
So if you have.
820
00:43:01,035 --> 00:43:05,654
In mind that you don't see a lot of
trays and you can't make money, you know,
821
00:43:05,774 --> 00:43:08,174
position trading, remove that right now.
822
00:43:08,234 --> 00:43:09,495
And underline this statement.
823
00:43:10,245 --> 00:43:12,944
This is going to teach you bias.
824
00:43:13,214 --> 00:43:15,524
This is going to teach
you directional premise.
825
00:43:15,734 --> 00:43:20,234
This is going to teach you whether they
be a buyer in day trades or buyer in short
826
00:43:20,234 --> 00:43:22,605
term trading, or a buyer in swing trades.
827
00:43:23,294 --> 00:43:27,404
This is going to teach you if you're
looking to go short and sweet.
828
00:43:28,485 --> 00:43:33,165
In a position trade condition that
is long-term, don't marry the vain.
829
00:43:34,065 --> 00:43:40,755
Don't go into it where, Hey, look, you
know, I'm, I'm making 20, uh, 20 times
830
00:43:40,935 --> 00:43:43,065
I thought I was going to make, okay,
I'm going to keep holding onto this.
831
00:43:43,634 --> 00:43:47,464
You need to be rooted in this long-term
perspective, because if you don't have.
832
00:43:48,525 --> 00:43:52,125
You're going to hold onto positions
that are on short-term or you're
833
00:43:52,125 --> 00:43:54,675
going to take short-term positions
day trades short-term trades.
834
00:43:54,915 --> 00:43:55,755
And you're gonna say, you know what?
835
00:43:55,755 --> 00:43:58,725
This thing's moved 500 pips
and I was only expecting 200.
836
00:43:58,785 --> 00:43:59,895
I'm holding this bad boy.
837
00:44:00,465 --> 00:44:01,245
No, no, no, no.
838
00:44:01,425 --> 00:44:04,035
You got to go back and refer to
this timeframe because it will
839
00:44:04,035 --> 00:44:07,905
put things in a great context and
remove all that excitement you'll
840
00:44:07,905 --> 00:44:10,305
end up getting as a result of
trading on these lower timeframes.
841
00:44:10,995 --> 00:44:11,955
So you're going to get clarity.
842
00:44:12,465 --> 00:44:15,765
You're going to have a framework
to work with the marketplace on a
843
00:44:15,765 --> 00:44:16,995
higher timeframe that gives you.
844
00:44:18,654 --> 00:44:19,705
The real mechanics.
845
00:44:20,395 --> 00:44:26,535
So if we know that the market's going to
be moving based on the institutions and
846
00:44:26,795 --> 00:44:32,275
the banks, making a run on institutions,
liquidity, all we're doing is waiting
847
00:44:32,275 --> 00:44:33,805
for those elements to take place.
848
00:44:34,465 --> 00:44:39,295
We're not trying to force any tools
to work and we're waiting for them
849
00:44:39,295 --> 00:44:42,445
to show their hand on what side
of the marketplace they're going
850
00:44:42,445 --> 00:44:44,275
to make a run on, on the fund.
851
00:44:45,075 --> 00:44:48,795
So if the central banks make a Ronald
specific level, believe me, that's
852
00:44:48,795 --> 00:44:51,165
going to happen on these timeframes.
853
00:44:51,195 --> 00:44:52,605
It's going to happen.
854
00:44:52,905 --> 00:44:55,545
It's not going to, well,
ADR might hit today.
855
00:44:56,325 --> 00:45:00,315
The five day average daily range
for the last five days is 77 pips.
856
00:45:00,495 --> 00:45:03,615
And we got 55 pips in our favor
right now it's probably really
857
00:45:03,615 --> 00:45:07,215
going to go up another 27 or 25
more cuts or whatever it is okay.
858
00:45:07,215 --> 00:45:07,905
To hit ADR.
859
00:45:08,295 --> 00:45:09,735
There's nothing says that it has to be.
860
00:45:10,620 --> 00:45:13,680
There's no high probability about
that happening, but there is high
861
00:45:13,680 --> 00:45:18,150
probability about a daily high or a
daily, low being blown out because
862
00:45:18,150 --> 00:45:19,620
there's real orders above those levels.
863
00:45:19,620 --> 00:45:21,330
There are real tangible levels.
864
00:45:21,510 --> 00:45:22,680
We want to fund basis.
865
00:45:23,940 --> 00:45:26,280
It changes your, your, your perspective.
866
00:45:26,450 --> 00:45:27,960
It's a paradigm shift that takes place.
867
00:45:27,960 --> 00:45:28,770
When you look at these hard times.
868
00:45:29,505 --> 00:45:32,415
And you'll have more clarity and
you'll have a lot more conviction
869
00:45:32,415 --> 00:45:34,365
about what you think is going
to happen in the marketplace.
870
00:45:34,725 --> 00:45:38,745
And you'll see the power of looking
at these levels and transposing
871
00:45:38,755 --> 00:45:42,005
into your lower timeframes versus
will I see a five minute breaker
872
00:45:42,005 --> 00:45:43,125
or a 15 minute breaker here?
873
00:45:43,125 --> 00:45:44,205
So it's probably going to do this or that.
874
00:45:44,235 --> 00:45:44,865
No, no, no.
875
00:45:45,375 --> 00:45:47,895
What's going to be more
influential over price.
876
00:45:48,405 --> 00:45:52,725
Is it going to be the bare Spreaker on
a 15 minute timeframe or is it going to
877
00:45:52,725 --> 00:45:55,245
be the liquidity pool on a daily chart?
878
00:45:55,245 --> 00:45:57,635
That's 30, 40 pips away that
you probably didn't even.
879
00:45:58,575 --> 00:46:00,555
It's going to go down for
those daily liquidity.
880
00:46:00,915 --> 00:46:02,655
That's where the more that's
where the most money is.
881
00:46:02,905 --> 00:46:06,315
If you go back to the, uh, the, the,
not December, but if you go back to
882
00:46:06,615 --> 00:46:11,325
the content I put on baby pips in
the early on it's about the money.
883
00:46:12,015 --> 00:46:12,975
That's all this is.
884
00:46:13,275 --> 00:46:15,825
And if you want to know where
the money is, if not on 15 minute
885
00:46:15,825 --> 00:46:18,285
charts, it's not on hourly charts.
886
00:46:18,285 --> 00:46:19,275
It's not on four hour chart.
887
00:46:19,335 --> 00:46:20,715
It's on daily, weekly.
888
00:46:21,285 --> 00:46:24,075
That's where the funds are
when a fund manager system.
889
00:46:25,455 --> 00:46:28,425
They are given a specific
guideline to work within.
890
00:46:28,635 --> 00:46:29,745
They have rules.
891
00:46:29,745 --> 00:46:33,555
They have to trade within the department
manager that watches over these traders.
892
00:46:33,555 --> 00:46:33,855
Okay.
893
00:46:33,855 --> 00:46:37,245
They will literally make sure that
they're trading in perspective, that
894
00:46:37,335 --> 00:46:41,475
what they're doing is in line with the
parameters that they're working within.
895
00:46:42,165 --> 00:46:47,355
They have to use levels that are
arrived at on a weekly, any daily basis.
896
00:46:48,075 --> 00:46:49,575
Now, what I just told you.
897
00:46:50,875 --> 00:46:56,665
Should be exciting for you because now
everything that you look for has to
898
00:46:56,665 --> 00:46:58,765
be framed on a weekly or daily basis.
899
00:46:59,005 --> 00:47:00,805
If you do that, guess what that does.
900
00:47:01,765 --> 00:47:07,915
It immediately puts everything in trading,
which has that in mind as its basis.
901
00:47:07,915 --> 00:47:10,645
In other words, for instance, I'll
give you one quick example and I
902
00:47:10,645 --> 00:47:11,634
promise this will be the ending.
903
00:47:12,505 --> 00:47:15,234
The, uh, the weekly chart
may have a liquidity.
904
00:47:15,975 --> 00:47:19,155
Right above the Ohio and the
market is just the earshot distance
905
00:47:19,155 --> 00:47:20,085
from running that up there.
906
00:47:20,175 --> 00:47:20,565
Okay.
907
00:47:21,405 --> 00:47:26,505
The lower timeframe, 15 minute an alley
chart is going to be flagging, all kinds
908
00:47:26,505 --> 00:47:30,555
of potential, double tops, all kinds
of momentum, divergent, spiritually.
909
00:47:30,735 --> 00:47:33,805
It's going to give you every freaking
harmonic pattern that says you
910
00:47:33,805 --> 00:47:34,995
should, you should be a seller.
911
00:47:35,235 --> 00:47:35,685
Okay.
912
00:47:35,955 --> 00:47:38,625
Everything's going to say on a lower
timeframe, this thing's going lower.
913
00:47:39,255 --> 00:47:39,855
And then all of a sudden.
914
00:47:41,040 --> 00:47:41,370
Boom.
915
00:47:41,370 --> 00:47:43,950
The thing blows up 150 tips over
the course of one or two days.
916
00:47:44,190 --> 00:47:46,500
And it runs for that, with
that weekly liquidity pool.
917
00:47:47,400 --> 00:47:50,610
When you know that that's, what's
most likely going to happen, you're
918
00:47:50,610 --> 00:47:56,100
going to not be in favor of these
lower timeframe setups, but here's the
919
00:47:56,100 --> 00:48:01,320
wonderful thing when you know that these
weekly and daily liquidity polls, okay.
920
00:48:01,320 --> 00:48:03,330
Or reference points that where
they're going to make a run on that.
921
00:48:05,145 --> 00:48:09,045
You can use that bullish on block when
that 15 minute timeframe, when it retraces
922
00:48:09,045 --> 00:48:13,245
down and it looks like it's going to go
lower and it's bear flag city on chart
923
00:48:13,245 --> 00:48:17,205
patterns, and it's giving you all kinds
of other readings and other disciplines.
924
00:48:17,205 --> 00:48:17,895
It's going to be this.
925
00:48:17,895 --> 00:48:19,545
It's going to be that saying,
it's going to go lower.
926
00:48:19,875 --> 00:48:22,035
You'll go right into that and
step right in front and say,
927
00:48:22,035 --> 00:48:24,795
Nope, I know where the money is.
928
00:48:25,545 --> 00:48:26,235
It's not below.
929
00:48:27,089 --> 00:48:30,180
It's above us and it's not
the money in the retail realm.
930
00:48:30,629 --> 00:48:34,109
It's the fund level, liquidity
above the weekly high.
931
00:48:34,589 --> 00:48:36,029
And they're going to run that level.
932
00:48:36,990 --> 00:48:40,410
I gave you, uh, yesterday, uh, evening.
933
00:48:40,439 --> 00:48:43,950
I gave you a couple of charts and it
showed you what levels have been ran.
934
00:48:43,950 --> 00:48:49,259
And what's just got ran yesterday and
look at the reaction off of cable.
935
00:48:49,350 --> 00:48:51,439
Today, we went down, we
had a rejection block.
936
00:48:51,450 --> 00:48:53,970
We went down below and not
create the buys at a candle.
937
00:48:53,970 --> 00:48:54,589
And then boom, we had.
938
00:48:55,725 --> 00:48:56,055
Okay.
939
00:48:56,295 --> 00:48:59,205
Uh, we cleared out the bodies
of the candles on the dollar.
940
00:48:59,625 --> 00:48:59,985
Okay.
941
00:48:59,985 --> 00:49:04,005
And we had a retracement
that is all that's necessary.
942
00:49:04,755 --> 00:49:06,075
That's all that's necessary.
943
00:49:06,285 --> 00:49:09,555
When you realize that there
is very little that you need.
944
00:49:09,555 --> 00:49:13,725
If you use a weekly and a daily chart to
give you every single week, an opportunity
945
00:49:13,725 --> 00:49:16,065
to make 50 to 75 pips every single week.
946
00:49:16,965 --> 00:49:18,045
That is amazing.
947
00:49:18,884 --> 00:49:21,865
But you're, you're, you're, you're
going to have to be taught that by.
948
00:49:22,845 --> 00:49:26,685
Every single week, every single day,
going through the context of, okay,
949
00:49:26,685 --> 00:49:28,004
this is where the setup is going to be.
950
00:49:28,185 --> 00:49:33,825
Now we're not going to teach
you four hour, one hour, 15
951
00:49:33,825 --> 00:49:34,605
minute or five minute charts.
952
00:49:34,605 --> 00:49:36,555
You're not going to
see that in this month.
953
00:49:37,125 --> 00:49:41,295
I want you to do that work
on your own, the levels.
954
00:49:41,295 --> 00:49:43,995
I'm going to focus your attention
on this is where the money.
955
00:49:44,685 --> 00:49:48,285
This is where the one shot
one kill setups come from.
956
00:49:48,435 --> 00:49:50,805
This is where all the high
probability short term trades.
957
00:49:50,985 --> 00:49:55,005
This is where the high
probability low risk swing trades
958
00:49:55,215 --> 00:49:57,255
start from all these ideas.
959
00:49:57,255 --> 00:49:59,985
They're going to be hinged on what
you're learning in this month.
960
00:50:01,185 --> 00:50:05,595
So when we go through this, I
really want you to be focused the
961
00:50:05,595 --> 00:50:07,935
teachings, because they're going
to be delivered on Friday night.
962
00:50:08,145 --> 00:50:11,535
That will give you all weekend long,
all weekend long to go over it.
963
00:50:11,685 --> 00:50:13,245
Don't just watch them one day.
964
00:50:14,550 --> 00:50:17,880
Because we're not going to be doing
daily sessions live knowing I have
965
00:50:17,880 --> 00:50:19,500
that session on Tuesdays and Thursdays.
966
00:50:19,500 --> 00:50:23,070
It's a live session because of that.
967
00:50:23,940 --> 00:50:26,070
Most of this stuff is going
to be delivered by chart.
968
00:50:26,760 --> 00:50:29,970
And that way I'm going to take your
attention to the charts on daily
969
00:50:29,970 --> 00:50:32,490
delivery and commentary that's typed out.
970
00:50:32,520 --> 00:50:32,910
Okay.
971
00:50:32,910 --> 00:50:36,720
And you'll get once in a while you get a
little short little video that may have
972
00:50:37,020 --> 00:50:41,610
to have something to amplify some, but
it's going to be prerecorded, but majority
973
00:50:41,610 --> 00:50:42,840
of the content is going to be in a T.
974
00:50:44,250 --> 00:50:46,950
Take ridiculous amounts of notes.
975
00:50:46,980 --> 00:50:49,860
If you have questions, write
those questions out in a
976
00:50:50,370 --> 00:50:51,540
separate page in your notes.
977
00:50:51,900 --> 00:50:52,200
Okay.
978
00:50:52,200 --> 00:50:55,080
And you see if they don't get
answered by the end of this month,
979
00:50:56,279 --> 00:50:58,050
try not to send me questions.
980
00:50:58,050 --> 00:51:02,160
And I mean this with all sincerity,
try not to send me questions
981
00:51:02,160 --> 00:51:07,650
this month about anything that
you're learning in this specific.
982
00:51:08,580 --> 00:51:11,130
Because believe me, the content is rich.
983
00:51:11,460 --> 00:51:12,390
It's loaded.
984
00:51:12,570 --> 00:51:14,970
It's so much detail in the teachings.
985
00:51:15,000 --> 00:51:19,320
Now you won't need to be having the
hammer me with emails because it's
986
00:51:19,650 --> 00:51:22,290
obviously some of you realize I
can't get the emails quick enough.
987
00:51:22,620 --> 00:51:24,960
And by then, the market's
already moved and you're upset.
988
00:51:24,960 --> 00:51:26,190
And you feel like you're
not getting value.
989
00:51:27,210 --> 00:51:32,310
The immersion aspect of this mentorship
is the value on teaching you and
990
00:51:32,310 --> 00:51:33,540
putting your nose right in the chart.
991
00:51:33,720 --> 00:51:37,530
And I want you to see this on your own
because by experience, you'll learn it.
992
00:51:38,520 --> 00:51:40,590
And that's the thing you have to
submit to, you had to submit to
993
00:51:40,590 --> 00:51:43,860
that time element that this is the
level you need to be focused on.
994
00:51:44,010 --> 00:51:45,030
Watch what it does.
995
00:51:45,360 --> 00:51:46,770
This is what your expectation is.
996
00:51:46,890 --> 00:51:50,040
It's going to go up there, run
that liquidity out, and then
997
00:51:50,040 --> 00:51:52,710
it's going to pull back because
it's a weekly and a daily chart.
998
00:51:53,130 --> 00:51:54,330
What's the range size.
999
00:51:55,320 --> 00:51:56,370
It's not 20 pips.
1000
00:51:57,270 --> 00:51:58,410
They're hundreds of pips.
1001
00:51:59,100 --> 00:52:03,420
So how much do you have to have
out of a range of 350 pips?
1002
00:52:03,810 --> 00:52:04,680
How much do you have to have.
1003
00:52:05,595 --> 00:52:09,645
All of that to do very well on a weekly
basis, not much, I've proven you could
1004
00:52:09,645 --> 00:52:12,044
double your money with 25 pips a week.
1005
00:52:12,944 --> 00:52:19,214
Now add that to the element of
looking for one set up per week.
1006
00:52:19,555 --> 00:52:20,955
You're looking for a smooth equity curve.
1007
00:52:21,254 --> 00:52:23,504
You're not looking for a whole lot
of whipsaw and you're looking for a
1008
00:52:23,504 --> 00:52:26,415
smooth delivery of directional bias.
1009
00:52:26,685 --> 00:52:29,115
You're not worrying about
changing my all time you fit.
1010
00:52:29,145 --> 00:52:31,995
You're fixated on one side of the
marketplace, and here's the thing.
1011
00:52:32,145 --> 00:52:32,305
This.
1012
00:52:33,915 --> 00:52:40,035
You're going to learn how to be on the
right side as the central bank, because
1013
00:52:40,035 --> 00:52:41,565
you're going to learn this month.
1014
00:52:41,865 --> 00:52:45,225
Exactly why the central bank moves on the.
1015
00:52:46,305 --> 00:52:48,855
When they're going to work more inside
of the marketplace and when they're
1016
00:52:48,855 --> 00:52:51,525
gonna work the other side, we're
going to be teaching you open, float
1017
00:52:51,855 --> 00:52:53,145
on the weekly and the daily charts.
1018
00:52:53,384 --> 00:52:56,145
And that's a common theme that
we'll go through every discipline.
1019
00:52:56,444 --> 00:52:59,355
Whereas the open flow on a weekly
and daily, then what's the open
1020
00:52:59,355 --> 00:53:00,645
flow on a daily and the four hour.
1021
00:53:00,654 --> 00:53:02,955
And then what's open flow on
a four hour and a one hour.
1022
00:53:03,165 --> 00:53:06,464
And then once the open flow on a one
hour in the 15 minute timeframe, once
1023
00:53:06,464 --> 00:53:10,515
you understand that and you see the PDF
file that's given in August, it's just
1024
00:53:10,515 --> 00:53:13,245
like, you know exactly what you're doing
and you're going to wait until that
1025
00:53:13,245 --> 00:53:15,165
criteria is met and then it's execution.
1026
00:53:15,990 --> 00:53:19,680
And then after that, your ex your
experience level goes through the roof.
1027
00:53:20,070 --> 00:53:22,980
Your confidence will go through
the roof, and here's the thing your
1028
00:53:22,980 --> 00:53:24,780
excitement level is going to diminish.
1029
00:53:24,780 --> 00:53:26,850
And that doesn't sound like it's
supposed to happen, but it will.
1030
00:53:27,390 --> 00:53:28,230
Right now, you're excited.
1031
00:53:28,470 --> 00:53:29,280
I'm going to learn this.
1032
00:53:29,280 --> 00:53:29,940
I'm going to learn this.
1033
00:53:30,600 --> 00:53:35,760
You're going to have experienced that
suppresses, that desire, like a children
1034
00:53:35,970 --> 00:53:37,170
it's mindset, when the children.
1035
00:53:38,955 --> 00:53:40,125
That's what you're feeling right now.
1036
00:53:40,964 --> 00:53:44,265
That's going to be diminished
because you're going to get bored
1037
00:53:44,535 --> 00:53:47,265
with the delivery of how this
stuff works over and over again.
1038
00:53:47,294 --> 00:53:48,134
That's your goal.
1039
00:53:48,464 --> 00:53:49,935
That's the end of this mentorship go.
1040
00:53:49,935 --> 00:53:53,745
You want to be bored with, when you
look at price, this is what it does.
1041
00:53:54,044 --> 00:53:55,575
And this is what it does all the time.
1042
00:53:55,605 --> 00:53:56,174
I understand it.
1043
00:53:56,174 --> 00:53:56,504
Now.
1044
00:53:56,774 --> 00:53:57,524
It's not a mystery.
1045
00:53:57,794 --> 00:53:59,774
See right now it's almost like a game.
1046
00:53:59,865 --> 00:54:00,734
What's it going to do?
1047
00:54:01,725 --> 00:54:03,105
Well, you're going to learn.
1048
00:54:03,105 --> 00:54:03,515
What's it going?
1049
00:54:05,080 --> 00:54:08,080
But the main thing, underline,
this, you're going to learn when
1050
00:54:08,080 --> 00:54:09,759
not to do anything this month.
1051
00:54:10,359 --> 00:54:11,560
That's, that's the goal.
1052
00:54:11,560 --> 00:54:12,220
I want that.
1053
00:54:12,220 --> 00:54:14,740
And an email from everybody this month.
1054
00:54:14,770 --> 00:54:19,060
If you get to the point that at the
end of this teaching session for the
1055
00:54:19,060 --> 00:54:23,919
whole month of January, if you have
now defined a framework of when you're
1056
00:54:23,919 --> 00:54:28,200
not going to be trading, I will have
accomplished what my goal was for the.
1057
00:54:29,130 --> 00:54:31,800
'cause that's what that's, that's
what this whole thing is, because
1058
00:54:31,860 --> 00:54:35,040
I can teach you how to trade and
entry pattern and, and, and get
1059
00:54:35,040 --> 00:54:36,180
out and get all that business.
1060
00:54:36,750 --> 00:54:38,370
The hardest lesson for me.
1061
00:54:38,370 --> 00:54:42,120
And this is why I put so much work
into this January content is I
1062
00:54:42,120 --> 00:54:45,720
need every single one of you to
know when to put the brake on.
1063
00:54:46,410 --> 00:54:48,060
You have to know where
that brake pedal is.
1064
00:54:48,750 --> 00:54:51,030
Everybody wants the
acceleration pedal to the floor.
1065
00:54:51,090 --> 00:54:55,080
You want to just go for broke
and every possible move, but
1066
00:54:55,080 --> 00:54:56,400
you have to know how to system.
1067
00:54:57,540 --> 00:55:02,910
And be comfortable sitting still believe
me, it's a hard lesson to learn, but
1068
00:55:02,910 --> 00:55:06,930
if there's criteria around how and why
you do it, it'll make sense to you.
1069
00:55:06,930 --> 00:55:09,720
And then you won't feel that
insatiable desire to do something.
1070
00:55:10,650 --> 00:55:14,190
And you'll see by journaling every
single day, my mindset, why I'm
1071
00:55:14,190 --> 00:55:16,319
thinking, what I'm expecting to
see happen in the marketplace.
1072
00:55:16,890 --> 00:55:18,509
You'll start remembering those things.
1073
00:55:19,275 --> 00:55:20,715
So consciously when you're
doing it on your own.
1074
00:55:20,715 --> 00:55:23,505
When we, when we separate after their
mentorship, and you're doing this all
1075
00:55:23,505 --> 00:55:27,465
on your own, these ideas will manifest
themselves in your own journal.
1076
00:55:28,065 --> 00:55:30,885
At first, it'll feel like you're
parroting me, but it's going to make
1077
00:55:30,885 --> 00:55:32,865
sense because I'm not, it's not my jargon.
1078
00:55:32,865 --> 00:55:33,765
It's what I learned.
1079
00:55:33,975 --> 00:55:35,655
The things that I'm
going to be teaching you.
1080
00:55:35,895 --> 00:55:37,125
This was given to me.
1081
00:55:37,545 --> 00:55:41,895
So if I know that this is what
the fund levels, uh, staffs and
1082
00:55:41,895 --> 00:55:44,085
liquidity is going to be ran out
and why it's going to be done.
1083
00:55:45,450 --> 00:55:47,820
You'll see it you'll
know why it's being done.
1084
00:55:47,820 --> 00:55:50,880
You'll know the mechanics behind
it and it'll give you confidence.
1085
00:55:50,910 --> 00:55:56,190
Not overconfidence, not elation, you
know, not like irrational, exuberance.
1086
00:55:56,220 --> 00:56:00,000
It's going to be very boring.
1087
00:56:02,070 --> 00:56:02,550
It's boring.
1088
00:56:02,790 --> 00:56:06,180
So that's it children for today.
1089
00:56:06,180 --> 00:56:09,260
I'm going to close it and
remind you that we will.
1090
00:56:10,125 --> 00:56:13,125
Have a recording of this on line.
1091
00:56:13,634 --> 00:56:18,194
I'm going to send the charts, the
levels of watch for going into
1092
00:56:18,194 --> 00:56:21,075
tomorrow and a short commentary.
1093
00:56:21,674 --> 00:56:26,415
And there won't, like I said, there
won't be a session, uh, generally every
1094
00:56:26,415 --> 00:56:27,975
single day, but today's Wednesday.
1095
00:56:28,035 --> 00:56:30,345
So tomorrow we'll have another
live session at nine 30.
1096
00:56:30,585 --> 00:56:31,694
We'll cover levels again.
1097
00:56:31,694 --> 00:56:34,215
And then we'll go into greater detail
about what we're going to be teaching.
1098
00:56:34,424 --> 00:56:37,424
If you have not sent me your
non-disclosure, you need to do that today.
95879
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