Original subtitles

Doctor, how you doing?

Hello, I'm very good. What about you? I'm doing well, sir.

Tell us who you are, where you're from, and how old you are.

Hello, everyone.

I'm Alex.

I'm 24.

I'm from Italy.

Awesome.

So tell me a little bit about yourself. How long have you been trading, and what

did you get interested in first with asset class?

Okay. So I'm trading from 2018.

And I've started looking at markets because I've always had this passion

for economy, for financial markets.

And at the beginning of my journey, I tried basically everything around me

in order to understand how markets work.

And until I found you, I've never found something useful in the market.

Are you specifically and only Forex or are you in other asset classes?

I'm mostly Forex. My favorite pair is like pound dollar or euro dollar.

I started growing a cost to this pair and I think I have like

a feeling for what price is going to do.

So I basically trade Forex because it's my favorite pair. I know them.

five to four years. So I basically trade them and sometimes gold.

I don't really trade indices because I don't know exactly why, but I don't have

the same feel like I have for forex.

That's awesome.

So how did you discover my work or Inner Circle Trader Concepts?

Okay. I was in a very depressed period of my life

because I left university.

trade.

I changed basically all my life. I started growing a lot of expectation

around trading.

I thought I was being able to be a millionaire in like one or two years.

And then in 2020, in May, during a meditation,

I had a really strange experience. And after

to change i started knowing you i don't really recall the exact moment and

this was when the first time i saw you was in um

on instagram when you were showing a live example of

how your work your work can provide information about how the

market really looks And so this was the first time I came in touch with you.

What type of trader are you? Are you a short -term trader, swing trader, day

trader?

I am a day trader.

I started understanding that I'm not that patient in life

and in general as a person. So I like to have...

much more entries on a single day I like focusing on the market like my strategy

is literally trying to be in sync with Ipsta and so I use

also smaller time frames like 5 seconds, 15 seconds because the logic you told

is fractal so that's the thing I've started observing

that I started to understand how the weekly range forms,

then I started understanding how the daily range forms, then a session, a

session, and I understand that it's much more better for me to have, like, quick

execution, so I can have multiple ones, I can have a lot of examples, and

so my experience was greatly enhanced, because I was able to

do a lot of trades during the day and this allowed me to form like to

lose my fear of losses and to understand really

how compound interest works because in the beginning at the beginning of your

journey you are like sucked from every single loss you cannot accept it because

you you haven't

I always treat losses like if you have a restaurant, you know that on Wednesday

you're going to buy 1 ,000 euros of food, and this is a

lot. But you know also that on the weekend when clients start coming in,

will recover this loss, and this is not really a loss. This is an investment on

your edge, on your profession, basically.

Are you a student of mine through private mentorship or did you learn how

trade with my concepts through YouTube?

Because before knowing you, I basically bought every course up there, every

picture, everything, and nothing, nothing, nothing worked.

So when I hear your voice for the first time, something

inside me told me, okay, trust this man, because he knows who's what he's

talking about. Because you have so many hours of material, and so I know that if

you don't know about...

Yeah.

When you were part of the mentorship and we would do daily commentaries and

such, what did it feel like seeing the analysis pan out to script just about

every single day? What kind of feeling did that give you as an observer?

because i know that i was seeing the truth because like you was calling i

remember a specific example from a little little little gap in euro dollar

you uh called this trade two days before and two days after it was uh it went

out like uh the fifth so this was my one of the best period of my life

because i started differing to your materials it

It served me really well, not only from the technical standpoint, but also for

myself because I was focused on something.

So I did not have the time to think.

And so it was very, very, very good as an experience.

I can see from your face as you talk about it, like it taps into an emotional

side of it where you feel like you discover yourself through this.

It's neat.

Tell me, are you a funded trader or are you trading with your own money?

No, I am a funded trader because I didn't have enough money to start a

good account. I tried a lot of times this year, but I understand that

having too low money, like being

under leveraged, is a problem because your trade doesn't mean anything to you.

certain point of view is good but from another point you don't have like this

pressure that sometimes helps you to to have better results and so

i am a hundred trader i have like at this moment i have 1 .4 million in

and i've i've done really really well in from may last

from may last year my personal from that account was in January and I've lost

14 trades in a row like also using the loss reduction and at this point I've

understood really well that I was the creator of my losses because I'm very

in mathematics and I know that it's a super low probability so this moment was

very bad for me because I've lost the first part of the account

At the same time, it was the realization of the fact that if I really wanted

this, I can do this. So in February, I made like a first profit of $2 ,000.

And then I started buying other challenges. The first big profit I've

May and in April and May.

Say it again.

Twenty hundred thousand.

Twenty hundred thousand.

No. Twenty thousand.

I thank them for buying other challenges.

And I've done a great travel in Africa.

And this was really...

In the summer, I had a difficult period because I traded in August.

And now I know I shouldn't have done this. But then from September, I started

really doing well. And in this first month of 2023, I don't like

to...

I was in the leaderboard last month in 3rd and 2nd position.

And this month I've done a good positioning in 3rd and 4th position.

So I'm really, really happy to be a funded trader. Because you know, you are

the perfect position to invest.

When you start accumulating a lot of accounts, you have basically no risk.

They give your money back and then you can invest without risk. So it's the

perfect condition.

Obviously, in the meantime, I'm trying to fund my own account.

So in the future, I can have my money, especially when I want to have more

than the maximum funding allowed for funding. But I think it's a very good

opportunity for everyone.

You made $20 ,000 and you went on an African safari trip type thing? Yeah.

was that like?

Yeah, if you remember, I sent the photos to you last year on Gmail. And it was

great because I received the money when I was in Kenya.

And then I called for people here who were starving.

Wow.

Wow.

Wow.

Wow. Wow.

Yeah.

Right.

Wow. Praise God. That's awesome.

Wow.

That's awesome.

So, real quick.

I heard you mention three specific funding accounts. Can you say their

again? Okay, so the first one, MyForexFunding. I think MyForexFunding

best because you have 8 % profits and 12 %

drawdown, so this is a good margin, and they've always paid me. And also,

Fundetrader, very good, much higher profit list.

So the interview that I watched with you, that was with True Forex Funds?

Yes.

When you got started in learning this,

What did it take for you to stay motivated?

Because it's not easy.

But what types of things kept you motivated when it was difficult for you

study?

Okay, so this always was a life or death

thing for me. So I didn't really need

to be motivated because I knew that if I failed here, my life...

would never ever be the same. So it was like I don't really

recall how I stayed motivated because I basically understand that what you were

teaching was the truth. So I only continued to dig deeper because I

that it was not a technical problem for me, but I had to overcome other things

that didn't really... So you mentioned that you were

in a low point of your life.

What did trading and learning how to trade successfully, what did it help you

overcome in your personal life? Any kind of character flaws, like impatience,

impulsiveness, fear? What did you feel like you've overcome now because you're

trader?

is understanding a lot of different things in my life from my character from

to manage myself how to manage my emotions how to like the

most important thing is like accepting the moment so accepting the performance

this was the very huge realization that trading has allowed me to understand

because when you do ask when you have a skill and you perform this skill at

the top you understand that when you trade you are like a sportsman or like a

football player you don't really you are not really here when you are doing the

act so it's like a continuous um a

continuous healing for yourself because when you're not with yourself like with

when you when you

I don't want to be crazy.

If I understand you correctly, what you're saying is you had a purpose and a

passion to get good at this, and you just poured yourself into it 100%. Good.

Good.

What would you say – because there's a lot of folks that came in my private

mentorship and didn't finish for whatever reason. There's lots of

But what would you say for the people that are going through the lessons I'm

teaching publicly now?

You're on the inside.

Are those lessons that I put up on my YouTube channel, the core content, are

they the same core content lessons that you went through in private mentorship?

I'm not in a very good position to judge the YouTube material because

I've stopped studying hard last year because I understand that

basically I had a good technical competence.

videos, I think they are useful, but I also think that they are

more useful if you, before YouTube you go through the mentorship content 2017,

because the first month when you explain how it works,

it's like the foundation. If you don't have this, it's only month one really,

and month two or three, it's like the basics.

but basic to 80 % of the work, in my opinion.

So YouTube, I think it's useful, but it's useful if you have some background

around it. Because it's high -level stuff, always.

Like knowing what's an order block, what is liquidity, what is a fair value gap,

and things like that.

So I think the YouTube lessons are really, really useful sometimes, but you

to have the good context.

And I think the 2017 mentorship is much more organized in terms of

content. So from an outside standpoint,

it's much more easier to understand because you take it bit by bit by bit.

the videos are very long in duration. And for me, it was very, very good.

What would you say to individuals that are learning from the YouTube channel?

If they feel that they're not learning as fast as they were hoping they would

learn it or feeling a little overwhelmed, what kind of encouragement

give them?

Okay. So the first thing is to understand that you don't need to have

everything figured out when you are in the beginning. The most important thing

is to focus like on daily BS.

This is 80 % of the work. Then you have to bring in.

time elements and then you only need an entry technique like survey your gap or

something like that and that basically is a game of trading so it's not really

complex in terms of technical science of course you can dig deeper and become

much more precise but you don't need perfection in the beginning you only

small set of rules like when i when i trade i have

told me, and when I have the idea, I only need to be in front of charts in

right moment, so during session when volatility brings in, and then I only

to see a shifting market structure with fair value gap, I buy or sell above or

below 50%, and that's the game. So if you feel overwhelmed with ICT material,

just know that it allows to dig deep around things.

everything. And also, if you quit, I think you have not really realized what

you have to rent.

Because, man, I can assure you, you will be written in history books.

Because Warren Buffett, who is the most rich investor in

lifetime, he was able to do 10 % every year on his capital,

compounded. We here are able to do... minimum 10 % or more.

If you understand what you are learning, you are on top tier education, it's

like when you are learning how to be a good engineer or how to be... I was

engineering before this, so you cannot really pretend to be a very

good professional trader with only some little work on your part. You have to...

to do the things that are required create experiences like every work like

you are a carpenter or a painter or something like that you need experience

just time is our currency and so you need to spend it widely program your

learning don't be don't have too many things

to learn it's better to have small small videos

How long did it take you from the beginning of your studies with my work

knowing, not just your first profitable trade, but knowing that you know exactly

how you're going to trade, your model, and you found what you're looking for?

How long did it take for you to get to that point?

2 .5 years from the beginning of the mentorship.

And I'm telling you that I was really crazy about mentorship. I was

studying like all day long because I had the right position.

I left university.

I had a little work online that kept me alive, able to buy food, to

go outside.

And so I've grown a lot in trading.

that it's much more a mental game.

So you need to create the right conditions to trade.

Like for me, it was having some money for rent, some money for food,

having some food stacked in my garage, as you told.

And it was very, very, very, very destructive for me. Understanding that

not technical science, the problem, because many people...

I've talked to many people in your mentorship group. Sometimes I receive

questions. And I think that everyone or most of people have a good technical

edge. But they really cannot profit because of the conditions of site

trading. So if you need money, if you need to succeed in a simple trade,

you are not in the right position to invest.

You are in the best position to invest when you treat it like a game.

Because it's like a game. Like my girlfriend, she always tells me when I'm

trading, she's always calling it the blue game.

Because before it's like blue or red when you have profit or loss.

So without knowing, she taught me how to take the game as a

game. Because basically we are here because we enjoy trading. We enjoy it.

Yes. You mentioned your girlfriend.

Has she always been supportive of you going through this, or was there a time

when she wasn't supportive?

She basically understands what I've done, and she has always believed in me,

I think this is very important, also with your family, with your friends. If

know that they won't support you, it's better not to talk with them at all,

because they're going to impede your lesson.

It's going to be much more difficult to profit if you have people around you

going against you.

at the beginning you don't really believe in what you are learning and

is very strong about his understanding and so maybe someone is able

to like don't hear what other people think don't care about what

other people think but for the majority it's very frustrating when you see when

you cannot

It's better to surgically and strategically create

your environment and it needs to be conductive for the learning and for the

profits.

When you started making profits and taking money out, did you feel

any kind of changes in your personality, whether it be ego, whether it be a

sense of pride?

Tell me what it felt like when you first started receiving profits from it.

Okay. So, yes, absolutely, I had great changes.

And I was really less stressful.

I've been through a really stressful period of my life in the first two years

mentorship because I couldn't profit. I was always, like, needing money.

And so the first profit,

released some stress and second thing I was much more confident about myself

because now I know I can do something I know that I can I

can keep my family with my skill I can keep my

like also my friend roots and it was really really great to have this this

kind of feeling because

Everyone needs to focus on something. If you focus on something and you know you

are quite good at it, it gives you a sense of confidence. You start seeing

in a different mode.

It gave me a lot of freedom because as financial freedoms ring in, you have the

ability to decide whatever.

If today I want to take a flight and go to Maldives, or go to kenya or go

to whatever place in the world i can i have the time and i have the money

because this was the freedom was really really really good to get

well done could you tell us a little bit about your personal model how you go

about trading and what time of day you specialize in okay so

my model is as i told you is very simple It's understanding daily bias,

understanding to be positioned in good times of the day, like London, New York,

also last session I traded, because when I am in front of charts, sometimes I

need to have many, many, many hours to get myself the opportunity

to be in sync with it.

And so I have not...

I don't

know.

say, but it allows me some freedom of action so I can always be instinctive

and try to understand what it's going to do maybe repeatedly in the day I take

short term trades like 20 pips, 50 pips, it depends on what the market is going

to offer you. I mostly start trading in London after the first hour because I

understand that trading the first hour of London was not very conductive for

because it's morning in my in italy london is morning in italy and so it was

very very bad when i used to take losses in the first hour and then for the rest

of the day i know i couldn't do anything so i started slowly slowly slowly

waiting from the manipulation to happen

Mm -hmm.

allows me to do this kind of thing. It's not very restrictive, but I have little

rules that keep me going always with the same trade. Because, you know, if you

have the same trade, you will be better at the same time.

So if I understand you correctly, your specialty is identifying the daily bias,

waiting for a kill zone, London or New York, and then going in and trading on a

fair value gap.

Yes. Very simple.

Very, very simple.

Awesome. And it gives you the opportunity to have a lot of traits, a

experience. Awesome.

You mentioned sometimes having experience losing traits. How do you

and what's your process for working your way through Drawdown?

Okay.

So I understand how to create losses when I started buying

a lot of on the accounts because, you know, they permit you to have...

And then I started understanding that if I use a...

I treat every worker as a bullet, as a single bullet.

I'm buying 10 challenges, so I know I have 30 or 20 or 30 bullets.

I shoot them, and at the end of the 20 bullets, I look at

how many profits, how many losses.

Doing this thing, this was like a mental game for me, but helped me reason not

on a single trade, because I need to lose the tier of losses.

To get rid of it. So I use the maximum risk allowed, like 4 % is good because

you have 1 % for spreads, commissions, things like that. You ensure that

not going to put you out of the funded account.

This is on the first stage, like when you need to pass the challenge.

And then when I go to funded account, I started reducing the risk because now I

know that...

accumulating challenges and so basically now I trade with 3 from 2 to 4 % risk

it depends on the trade but I'm very confident about that because I know it's

only a mathematical game when I profit I profit so big that I can buy like this

month I'm gonna buy 30 ,000 in account because I know that if I

have a lot of account

If a single trade is not important for you, you are going to perform way, way,

way better than if you only have one account and you trade it like for 1 %

It's very difficult because you need a lot of trades.

And I understand that low -end influence is very good, and so you can pass

challenges like just being a little bit more higher in risk, but it's only a

question of perspective.

What's a typical day look like for you? When do you wake up?

What do you do first before you open up your charts? Do you exercise or do you

exercise afterwards?

What's your routine?

I don't really have a routine because I've tried it for a lot of years.

I try to have a routine to always wake up at the same hour. But it's like

counterproductive for me because after some days I feel like I am in a cage.

I really like my freedom.

So I go, I am a nice person. So usually I go to bed like late night.

So I don't really wake up early in the morning. I wake up when I wake up

any alarm clock. So I know I'm well rested because my body is like naturally

waking up. So sometimes I wake up at 10. Sometimes I wake up at 7. It depends on

how much rest my body needs.

And usually before training, I have a little work with my dog.

And I think because then... useful for my trading like um because in the first

hour when you wake up your mind is still leaping yes and your mind is working

it's working working working working and you are not really talking so if you

take like some fresh air something like that before trading i think this is very

okay from all of your trading how much would you say you have earned

And I know you can't take everything out of the funded account because you have

to have money in there to still keep it going. But how much would you say you

have amassed in terms of profit?

I think two days ago, I looked at the

remaster. I spent around $30 ,000, and I've gained around

$200 ,000. Okay.

That's good.

I found a car, a very good car from Audi.

Very good.

Wow.

If you have 10 ,000 here, you multiply by 10 in third world

countries, and you can have a much bigger wealth production.

You have a multiplicator, basically.

And I'm investing in a lot of things that help me not basically needing

trading at all. So I know that if I don't need trading for my expenses,

For my expenses, I know that trading is going to be a really, really good thing.

That's awesome.

You see in our industry that what we do, how we trade, how we look at the

marketplace is catching on like fire right now.

And sometimes change isn't always a welcome thing for certain people. What

you say to the people that are doubting the effectiveness of how we look at the

marketplace?

I don't really know what to say because if you doubt something like this, it

means that you haven't really dig deep around the concept.

And I think that the majority of people that follow you, really follow

you, are really, really understanding that the things you are teaching are

strong in terms of technical science.

And so, let them talk, let people know this thing. I think it's better.

So, I don't really know what to say to them.

High five.

What would you say your next three to five years goals would be?

Okay. Now, my goals really are being completely financially free

because

I love to have my freedom.

So the next thing I'm going to attack is buying a house with a good

farm, with animals.

I want to be completely independent from the world. So having a bank account

all over the world, my money is somewhere here, somewhere here,

So they are basically much more protected.

the only thing i really want to have in life is like being present every moment

without thinking and this is the great satisfaction and trading i

love digging deeper in trading because i love the acts of really like

always bettering my edge always bettering myself this is the main

focus for me because i know

thing for me now i used to look at it like it can buy everything it can only

physical things yes they're good but you're gonna only like raise the

bar every time like you buy an audi you want the next one you want the next one

so i don't understand that's the trap and money is useful obviously

because

where you don't want to be, to be with your family, to have time for your

friends, to enjoy life.

And that's all. I want to try to lead a family, to have

complete freedom for me, from the mind especially, because sometimes I

understand that the mind is my main block right now.

And I know that if I go outside the mind, I'm really, really good.

So that's my main problem in life.

Would you say that your level of stress is completely different and lower now

because you're successful now?

Yes, it's completely different because now my stress comes from stress in

my mind.

Before I was trusting from trading, my stress was from external conditions that

were true.

So I didn't have money.

I was like locked in my room and it was very, very frustrating for me. So the

stress level is very, very different now. I am able to enjoy my day quite

a little bit more.

And yeah, the stress level is very... Awesome.

So is there a lot of traders where you are in Italy?

I mean, is it a big thing there?

Yeah, yeah, yeah, absolutely.

Italians have always been like entrepreneurs, financial people, because

Italy it's very difficult to build businesses because of taxation.

Taxation is very high. It's from 50 % to 60 % of businesses.

So a lot of people are really, really good in doing businesses, but they

can't really do this in the physical world because of taxation. So

many, many Italians are starting to understand that online is very, very

know a lot of people. I've created a small group of 45 people where we talk

about trading.

We always met each other.

And I want to greet them, the different traders in the small group.

And there is a lot of people who follow your material.

That's awesome.

Well, is there anything you want to close with, like if you want to more or

encapsulate your total experience since you started learning it and now that

you're successful at it? Like give us a final, I guess, report card on what it

is that you were a part of and what it's done for your life.

Okay. Basically, I want to really thank you, Michael, because you really

changed my life.

And guys, this man I have in front of me will be written in history books. I can

guarantee you.

And so this is a big thank you on my part.

And I think I speak for a lot of people out here.

The conditions in the world are really, really bad right now. And your material

is like a light for everyone out here to keep going, to keep pursuing.

Because when you give yourself to a certain skill, you find

yourself. You find your way. You get rid of toxic habits.

And it's a really, really good journey. Trading is not only a money journey.

It's like a mental game.

It's the most beautiful game.

And that's because it gives you the opportunity to grow as your technical

grows. you have to understand that your mental skills will grow.

And I want to also thank a man that is called Kapil Gupta.

He is a coach.

He is Indian, I think.

An Indian coach for top performers.

And I met him on YouTube with some conversation.

He has a free YouTube channel.

And I think he's a genius.

He basically helps people understanding how the mind works, how the mind hijacks

our life, how it creates problems.

So I want to thank this man a lot because he helped me greatly in my

science and he helped me greatly in my psychological

side. I understand that no mind states are the

perfect states for life.

a lot because I have incredible results for my age and I know I'm gonna make a

lot more money in the next in the next week in the next month and this is a

great satisfaction for me so guys keep going keep working don't work hard

don't work work smart work smart don't care about what other people say if you

understand that the thing this man is teaching to you are true

Dig deeper and it's going to come. It's going to come for everyone.

But you need to be desperate enough to see it for yourself, to change your life

accordingly to the way you want to be, to the person you want to be. That's the

most important thing.

You need to, first of all, when you encounter ICT, evaluate your desire to

this profession because you can make money with a lot of profession and you

to be like that. to have this skill set, and the moment you are desperate

enough, it will come to you. I don't know exactly the process of how it

but when you really, really, really, really want something, things begin to

happen in your life.

I know your story, that you were in a very, very difficult period of your

and you had strange experiences on the side of the box, and I

know these experiences are real.

Because I've tried it in my life.

I've had this experience, so they're real.

And that's all, Michael. I want to thank you. I want to thank all the work

you've done. This is really, really the greatest thing that's happened in my

life. This is my point of luck.

Well, it's been my pleasure, and it's my honor to be your mentor.

And I'm so pleased that you spent time with me, and my family will be watching

this together this evening.

A very emotional thing to be able to see my students and to hear their stories

and to give their testimony.

So thank you so much for sharing your time with us today.

Thank you, Michael.

You as well. Thank you.