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Ardice I'll be going over this system that I have created over my years in trading
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And a lot of challenges
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The system looks simple however
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I advise you not to skip this video
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Because Jessica said simple does not mean it's easy this system is perfect because it's not a high-risk high-reward
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System it's also more of a risk-averse type of system that keeps you consistently profitable
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Like I mentioned many times in the past
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The Motto you want to have curly since allowed you guys are new and haven't made much money in this
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Industry the motto is the goal is to survive not Thrive because in an industry where 95%
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Just surviving is good enough to survive with driving
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I was a very risky situation and that will leave you with very bad feeling psychology so let's get to it
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The system now rule number one risk 0.5% 0.5% because if you risk
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It gives you a decent returns
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Example you have 100K account
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And your whiskeys open Pakistan
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You basically risking 500
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More than 500
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If you follow the system to close out
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Add 1,000
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Play making $1,000 a trade risking
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Not that much
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And that's beautiful a thousand dollars if you take a couple of good trade in the month
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That can easily be to $3,000
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So now imagine with a 20K account
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USAJobs Point 5%
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Arresting one key to make 2K now
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As I mentioned before
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My system doesn't require me to have 80% accuracy because that's
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Very unrealistic in trading you guys
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Most people are fooled by people in social media because they have to sell their courses they have to make themselves
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Seem like they're on another level so people keep watching them realistically 70% accuracy is realistic
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50% is pretty good and it's not that hard to attain
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So say for example
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You
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When to trade in used to trade
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And you keep the same risk as 0.5%
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Is Apple number one you lose
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0.5%
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-1 kg example number to you lose 0.5%
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-1 kg
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Now see you win the next
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Two traits cuz he have an accuracy
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When
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1% cuz 0.5% to make 1%
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2K
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When
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1%
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Plus 2K
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Now you're just
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50% accuracy
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2K Twitter just 40% accuracy imagine
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Having a high Atwood nigen in the month you take around 8 trees and you have 50% accuracy
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What would that be let me show you guys real quick 5
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6
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7
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So we have four wins four losses right beside accuracy
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Do you win 1%
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2K
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You win
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1%
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Plus 2K
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Dimino last -1 k
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Los
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-1 k
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Now you're up to four six eight seven six five four your off 4K
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40 month
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With a very reasonable accuracy
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You only take a trade-in the month
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You have a 50% accuracy
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And you off for key for the month
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Now imagine that you have a higher than 50% actually you making much more or you taking more trees
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So this is where the system comes into play now let's talk about the worst case scenario
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Example
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For you to lose your funded account
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Whiskey 0.5% for trade
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You need to lose
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20 trades in a row
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Saluja family count
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20 trees in a row
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Portrayed idea
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So if your trade hits top off
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You no longer look at that treat ideas
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You ignored and just wait till the next day or look for another trade setup so
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Okay for example
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I saw this 15-minute break a block in here
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And
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I answered right here right
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And then I pick my stopwatch above the high
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Right here
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And for wanted to
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I'm going to trade now what happens I'll shoot
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Tyson to my stopwatch right now what happens if price comes up
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Is my stop loss and come back down right but then it comes back up the same entry that doesn't mean I answer because this trade idea
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Is now gone we no longer that is truly idea anymore
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Maybe in the future we can look at it again but at this level we are no longer selling
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That is what I mean by
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Portrayed idea
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So going back to the con
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The worst thing that can happen
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Is Elusive and in order for that to happen
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Need to lose 20 trades in a row
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And let me tell you why this system is also good for you trading psychology
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Most people when they lose their front of the council any accounts they lose it all in one day because first
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They don't have to spend it on follow-the-rules also with risking 0.5% you decrease the chance of
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Advertising your account because if you look back at it
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A lot of people or I would say 70 80% of time
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When people lose their funded account they lose it all in one day you don't lose it over time first off you're not disciplined enough to follow
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And that's also where
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Rule number three comes at a maximum to Lost in the day
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I don't care if the next rate is a 99%
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Akron
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Trade-ideas will not take it because your emotions are in play now
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When your emotions are completely I consider that as gambling
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No longer Trading
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Your training should be emotionless
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So maximum to Lawson a day
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Enclosure laptop do nothing
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The moment you break this rule you will end up self-sabotaging your account and more than likely you will end up losing that account
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Losing a big chunk of it
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Now for the next one it's maximum to intimidate and why is that because when we have to win the day right
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You went to trade in a row
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Then you get overconfident you start thinking oh that's right. He looks clean I just want my Last Retreat let me get in that and then
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Can you end up losing the third trade
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But you still confident because you still have two-for-one you still up in profit
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And you ended a losing all your profits
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So that's why we do maximum to win the day for overtrading
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And then for the week we do maximum for lost in a row in a week there are bad week so we just keep maximum for Lawson Turbo
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Prevent us from losing our account
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So in the week if everything goes bad
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What do we lose we lose maximum 2%
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In a date what's the most we can do with 1%
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In the in the day what's the most we can win 4%
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Oh my bad 2%
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2% in 102k
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2% on the 20K account before Kate 2% of 18K
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So remember guys
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That is why this system is optimal the system is very proficient the system
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Is something
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I created my own something
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That took me 50 plus challenges
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Years of trading
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In order to develop the system because it works well to keep your training psychology intact
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Your trading psychology
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Has a correlation to your profits if you have good pain psychology
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You will be profitable if you have badly psychology
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Will not be profit
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Went that I just want to remind you guys
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In this industry 95% fail because they get greedy they get impatient
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I want you guys to be patient I want you guys
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To be modest in your returns
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Follow the system
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Don't
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Approach this as a high-risk high-reward
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Yes you can do that once you survive
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Like in my situation I have a deacon at now
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I have a bunch of funded accounts I can have someone that accounts be really aggressive 12-percent risk but when all I have is one
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On account when all I have is barely any money in my bank account
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