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These are the user uploaded subtitles that are being translated: 1 00:00:40,910 --> 00:00:44,810 Okay folks, we're really looking at how traders make 10% per month. 2 00:00:45,800 --> 00:00:48,950 And we're going to stick with our theme here using our case 3 00:00:48,950 --> 00:00:51,260 study on the Aussie dollar. 4 00:00:53,235 --> 00:00:56,745 Now quickly, obviously going through everything we've gone 5 00:00:56,745 --> 00:01:00,495 through in the previous two sessions, um, we've identified 6 00:01:00,495 --> 00:01:02,475 as 75, 12 level on a daily chart. 7 00:01:02,655 --> 00:01:05,175 We've brought that down into a hourly chart. 8 00:01:05,955 --> 00:01:07,685 We noticed that there was by stops the us. 9 00:01:07,685 --> 00:01:11,415 So we know that there's liquidity pools resting above those specific highs. 10 00:01:11,625 --> 00:01:15,645 So the markets that should be reaching up there as much as a hundred pips from 11 00:01:15,645 --> 00:01:18,315 the level we're identifying, uh, 75 12. 12 00:01:18,315 --> 00:01:21,555 So they're easily get up to a 76, 12. 13 00:01:23,535 --> 00:01:24,345 Looking at 14 00:01:27,685 --> 00:01:29,035 the 15 minute timeframe. 15 00:01:29,035 --> 00:01:34,494 As we assume earlier in this series, we've shown that there was a BI 16 00:01:35,065 --> 00:01:37,164 set up at 75, 12 on a daily chart. 17 00:01:37,824 --> 00:01:41,215 Uh, we had a old, low everything that we referred to and what 18 00:01:41,215 --> 00:01:43,104 to focus on in September. 19 00:01:43,914 --> 00:01:47,304 Everything is being identified in this specific case study. 20 00:01:48,715 --> 00:01:50,044 We don't really require. 21 00:01:51,089 --> 00:01:55,500 The market to give us an hourly up to get in and use that risk. 22 00:01:55,500 --> 00:02:00,390 We can use a 15 minute timeframe and used the framework that price gives us 23 00:02:00,479 --> 00:02:05,550 on that specific timeframe relative to what you see on a 15 minute timeframe. 24 00:02:06,929 --> 00:02:07,140 Yeah. 25 00:02:07,230 --> 00:02:10,169 Obviously the risks can be reduced from what will be seen on an ally chart. 26 00:02:10,440 --> 00:02:13,890 And then just as well, the 15 minute chart can be reduced down into a 27 00:02:13,890 --> 00:02:18,750 five minute chart and we identified where the stock could be in relative 28 00:02:18,750 --> 00:02:20,220 terms to the bull shorter block. 29 00:02:21,780 --> 00:02:26,670 And we also framed out where three to one reward to risk ratios would unfold. 30 00:02:27,030 --> 00:02:32,340 And it happened to be rate below our first area of buy stops or 31 00:02:32,640 --> 00:02:34,290 the five minute liquidity pool. 32 00:02:34,620 --> 00:02:38,519 Now this is nowhere near the level of the objectives. 33 00:02:38,519 --> 00:02:42,049 We identified framing the trade on an hourly chart and 34 00:02:42,049 --> 00:02:43,079 just giving you the context. 35 00:02:43,109 --> 00:02:47,760 What if we were to look at the market like this and say, we traded this particular 36 00:02:47,760 --> 00:02:50,040 payer and we had a 2% risk on the trade. 37 00:02:53,070 --> 00:02:58,530 If we had 2% on the trade and the market trades up to this high, where the buy 38 00:02:58,530 --> 00:03:04,320 stops are, and it's a liquidity pool, the market should respond off of that 39 00:03:04,440 --> 00:03:09,180 75, 12 levels because it's a daily chart reference point or bullet shorter block. 40 00:03:10,799 --> 00:03:17,399 If we take our 2% position and take half of that position off, as we 41 00:03:17,399 --> 00:03:20,310 get three to one, noticed it doesn't have to even throw out the buy stock. 42 00:03:21,495 --> 00:03:24,915 These by stops, don't even have to get blown out. 43 00:03:25,335 --> 00:03:30,705 This is three to one reward to risk, so we can take first profit and bank 44 00:03:31,455 --> 00:03:40,095 a 1% times three are so we can make 3% on this one trade here and still 45 00:03:40,095 --> 00:03:44,895 leave the second portion of the trade on aiming for what there's liquidity 46 00:03:44,895 --> 00:03:47,265 pools referenced on the hourly chart. 47 00:03:50,340 --> 00:03:55,049 Now as price explodes and it goes through those buys stops. 48 00:03:55,230 --> 00:03:59,070 Obviously you can see going up to a 15 minute timeframe. 49 00:03:59,130 --> 00:04:05,190 Now we can go and look at higher liquidity polls reaching into higher 50 00:04:05,190 --> 00:04:08,910 and higher grade liquidity pools until we get to that hourly chart. 51 00:04:09,240 --> 00:04:11,370 But for right now, just simply look at what's already happened. 52 00:04:12,120 --> 00:04:14,310 The framework we used for the five minute chart that we've 53 00:04:14,310 --> 00:04:15,990 outlined in the second session. 54 00:04:18,105 --> 00:04:26,685 That model on risk allows us to have 1, 2, 3, 4, 5, 6, 7, 8, 9 are. 55 00:04:27,345 --> 00:04:30,885 In other words, we made $9 for every $1 risk, just reaching into 56 00:04:30,885 --> 00:04:33,165 the 15 minute by stop liquid. 57 00:04:34,674 --> 00:04:38,895 The liquidity pools that we saw in our chart, that's, what's being identified 58 00:04:38,895 --> 00:04:44,835 for our objectives, but now here we have, we have a, uh, a crossroads. 59 00:04:45,405 --> 00:04:51,044 You, can we take some of the position off here or do we leave the second 60 00:04:51,044 --> 00:04:54,135 balance of the original position with 2%? 61 00:04:54,135 --> 00:04:59,414 We only have 1% remaining on, we could take a portion of that off, 62 00:04:59,984 --> 00:05:02,895 or we can leave it to go higher and reach it as a higher objective. 63 00:05:04,620 --> 00:05:05,760 The choice is going to be yours. 64 00:05:06,390 --> 00:05:10,530 Preferably, I think I would like to take something off because we're in a 65 00:05:10,530 --> 00:05:14,940 really nice liquidity pool relative to 15 minute timeframe and we might get 66 00:05:14,940 --> 00:05:16,860 some consolidation or could be wrong. 67 00:05:16,890 --> 00:05:18,150 Could even reverse here. 68 00:05:18,150 --> 00:05:21,450 We don't ever know that, but we are trading with higher level 69 00:05:21,450 --> 00:05:25,020 institutional or flow relative to that daily or block from 75 12. 70 00:05:25,650 --> 00:05:27,390 We have seen expanse on the upside. 71 00:05:27,570 --> 00:05:31,860 It's now taken by stops in the form of a liquidity pool and a five minute chart. 72 00:05:31,860 --> 00:05:32,460 We just shown. 73 00:05:33,180 --> 00:05:38,670 Then now we've see the 15 minute liquidity pool and that buyer stops over here. 74 00:05:39,960 --> 00:05:40,920 That's been violated. 75 00:05:41,760 --> 00:05:46,530 So we've already seen nine to one payout, which is astonishing by any measure 76 00:05:49,830 --> 00:05:51,960 and in letting the price go a little bit further. 77 00:05:52,770 --> 00:05:54,580 Once we cleared this by stop the area. 78 00:05:56,170 --> 00:06:01,990 Would be reached into as well, and we'd have 15 R as well. 79 00:06:02,229 --> 00:06:07,630 Now this is the liquidity pool that we resting around that same hourly basis. 80 00:06:07,870 --> 00:06:12,550 I'm just viewing it in terms of the 15 minute chart, you can see the 81 00:06:12,550 --> 00:06:14,140 expanse and it's available to you. 82 00:06:14,890 --> 00:06:20,080 When you look at the market, framing it with very low risk, very low risk. 83 00:06:20,955 --> 00:06:25,335 Notice also, we took first profit at a multiple of three to one. 84 00:06:26,505 --> 00:06:28,545 So we made $3 for our $1 risk. 85 00:06:28,905 --> 00:06:33,344 As soon as we did that, we've already made 3% on the street with ultra 86 00:06:33,344 --> 00:06:35,295 short-term risk, less than 10 pips. 87 00:06:35,895 --> 00:06:36,285 That was it. 88 00:06:36,344 --> 00:06:40,305 Less than 10 pips, but let's say we reframed a trade with a little 89 00:06:40,305 --> 00:06:43,635 bit more than that and say, we used a little bit more comfortable 90 00:06:43,635 --> 00:06:45,195 stop and say it was a 20 PIP stop. 91 00:06:46,665 --> 00:06:48,815 Could that still pay out in handsome? 92 00:06:51,290 --> 00:06:51,860 Why wasn't it. 93 00:06:54,800 --> 00:06:56,810 Obviously the market reaches above the stops. 94 00:06:57,050 --> 00:07:01,460 We noted the market reaches for 10 and 20 PIP grades for stop sweeping. 95 00:07:01,880 --> 00:07:06,080 We had the old high back here and price just gets real close to it, but 96 00:07:06,350 --> 00:07:11,690 expands right above where we would expect to see price reach for here's. 97 00:07:11,690 --> 00:07:12,500 What I want you to focus. 98 00:07:13,520 --> 00:07:14,980 The potential range was about a hundred. 99 00:07:16,320 --> 00:07:19,390 From where we were looking at buying and where we thought the price was going 100 00:07:19,390 --> 00:07:23,460 to go, we don't need the absolute high and we don't need the absolute low, or 101 00:07:23,460 --> 00:07:27,150 we're looking at the lions portion of the move about nine, about a hundred pips. 102 00:07:28,469 --> 00:07:29,340 Let me ask you a question. 103 00:07:30,330 --> 00:07:34,620 Do you think you'll get every PIP of every potential range you 104 00:07:34,620 --> 00:07:38,099 identify as potential profit. 105 00:07:39,969 --> 00:07:40,599 If you're insisting. 106 00:07:41,445 --> 00:07:43,965 You're going to be frustrated, but you don't need that. 107 00:07:44,445 --> 00:07:46,815 What happens if you just had half of the range? 108 00:07:47,565 --> 00:07:52,465 Would you be disappointed if you say yes, you would be disappointed. 109 00:07:52,885 --> 00:07:54,655 My question is, is why would you be disappointed? 110 00:07:55,225 --> 00:07:59,275 Is that better than what you're doing now as a new trader, it's probably going to 111 00:07:59,275 --> 00:08:03,085 be very easy for you to say, well, that would be better than I'm currently doing. 112 00:08:03,085 --> 00:08:03,325 Now. 113 00:08:09,925 --> 00:08:10,615 Let's look at some numbers. 114 00:08:12,405 --> 00:08:17,174 Assume for a minute, we had a $1,000 trading account and we set the trade up 115 00:08:17,594 --> 00:08:21,044 originally, as we did with the five minute chart, less than 10 pips, we're going to 116 00:08:21,044 --> 00:08:23,205 say we rounded it to a 10 PIP stop loss. 117 00:08:23,924 --> 00:08:26,385 And the market came up and allowed us to get our three 118 00:08:26,385 --> 00:08:30,405 to one multiple in this trade. 119 00:08:30,405 --> 00:08:32,375 We would already have 3% paid. 120 00:08:34,140 --> 00:08:38,010 Now, we're going to assume that you've gone through the mentorship. 121 00:08:38,010 --> 00:08:38,970 You've learned how to do this. 122 00:08:38,970 --> 00:08:44,640 And you've gone to the point where you are comfortable trading with life funds, or 123 00:08:44,640 --> 00:08:46,560 maybe you're still in the demo account. 124 00:08:47,520 --> 00:08:52,350 If that choice is yours, you have to make a decision in timing for your own sake. 125 00:08:52,350 --> 00:08:55,260 I can't do that for you, but say for instance, you're 126 00:08:55,260 --> 00:08:56,760 looking at the trade and it. 127 00:08:58,420 --> 00:09:02,830 Praying, just like we were outlining it here and it allows you to get a 128 00:09:02,830 --> 00:09:07,390 2% position on to trade is 2% risk. 129 00:09:08,050 --> 00:09:13,690 If you have the opportunity to get three to one paid out and you take that off 130 00:09:13,690 --> 00:09:16,270 your position, now you have 1% remaining. 131 00:09:17,110 --> 00:09:21,100 The first 1% taken off with a multiple three to one. 132 00:09:22,570 --> 00:09:24,040 Be taking profits at 30 pips. 133 00:09:25,450 --> 00:09:27,010 You've already banked 3%. 134 00:09:28,080 --> 00:09:33,540 Look what that does in a month by itself, it's over 10%. 135 00:09:34,620 --> 00:09:38,340 So even if that's all you get is the first profit objective of three to one. 136 00:09:38,490 --> 00:09:42,630 So if you frame your trades with really small risk, it's easy to get multiples 137 00:09:43,320 --> 00:09:46,200 of three to one or more for your reward. 138 00:09:46,260 --> 00:09:50,640 So your, our levels are easy to get to when you start refining your risk. 139 00:09:50,970 --> 00:09:53,940 See it's not having big risk that makes the money. 140 00:09:54,630 --> 00:09:57,000 It's having this small risk that makes the money. 141 00:09:57,210 --> 00:09:58,290 That's the real secret. 142 00:09:58,710 --> 00:10:01,860 The fact that you need to be able to frame your trades on levels that 143 00:10:01,860 --> 00:10:03,870 should see institutional sponsorship. 144 00:10:03,870 --> 00:10:08,490 That means should the banks propel price higher or lower because it's off a daily 145 00:10:08,490 --> 00:10:10,410 chart or a weekly chart on monthly chart. 146 00:10:10,440 --> 00:10:14,010 Those levels are going to be highly impactful in terms of price. 147 00:10:14,925 --> 00:10:18,705 They they're going to drive price higher and lower relative to those levels 148 00:10:18,705 --> 00:10:20,235 because that's where the real orders are. 149 00:10:20,565 --> 00:10:22,785 It has nothing to do with your indicators, has nothing to do with 150 00:10:22,785 --> 00:10:26,865 your supply and demand, or your theory on price as nothing to do with that. 151 00:10:27,165 --> 00:10:28,455 It's where the orders are. 152 00:10:28,785 --> 00:10:32,205 And the orders are going to be around monthly, weekly, and daily levels. 153 00:10:35,465 --> 00:10:41,515 Now, what if you let portion of that second half go and you 154 00:10:41,515 --> 00:10:42,805 only got half of that 100%. 155 00:10:43,545 --> 00:10:45,165 Remember, we were looking at that setup. 156 00:10:45,195 --> 00:10:48,435 It was potentially a hundred pips available to you, but say you only 157 00:10:48,435 --> 00:10:51,705 let it go 50 pips and you just couldn't bear to hold onto it. 158 00:10:51,705 --> 00:10:52,575 And that's all you could do. 159 00:10:52,695 --> 00:10:55,365 Or you did something and it got, you stopped out early. 160 00:10:55,695 --> 00:10:55,905 Okay. 161 00:10:55,905 --> 00:10:58,335 You showed your stop up too aggressively and you only managed 162 00:10:58,335 --> 00:10:59,475 to make 50 pips out of that. 163 00:10:59,505 --> 00:11:03,555 Now this is assuming you've already taken that first 1% off. 164 00:11:03,615 --> 00:11:05,525 This is the second 1% that's remaining. 165 00:11:07,074 --> 00:11:11,155 By itself, if you collapsed it, 50% of the, uh, a hundred pet range where 166 00:11:11,155 --> 00:11:16,464 you're looking at you're tacking on another 21 plus percent for the month. 167 00:11:16,495 --> 00:11:18,954 If that's all you're doing week after week, if you're getting scenarios 168 00:11:18,954 --> 00:11:24,055 like this one trade you're focusing in tightly watching one setup and 169 00:11:24,055 --> 00:11:27,655 you milking it for everything that it's worth, keeping the risks small 170 00:11:27,805 --> 00:11:29,525 and looking for higher timeframe. 171 00:11:31,075 --> 00:11:34,225 If you do that, you're looking at 21 plus percent, but it's going to 172 00:11:34,225 --> 00:11:38,035 call it 21, plus your original 3% on the first half of that trade. 173 00:11:38,785 --> 00:11:40,015 So really what are you making? 174 00:11:40,795 --> 00:11:43,075 And you didn't even get the entire 100 pit range. 175 00:11:44,335 --> 00:11:45,145 Now think about that. 176 00:11:45,505 --> 00:11:49,435 We use the same scenario where we use the 10 PIP stop and we 177 00:11:49,435 --> 00:11:50,605 let the second portion run. 178 00:11:50,695 --> 00:11:56,005 After three to one was taken off at 30 pips, then we'd let the remaining portion 179 00:11:56,185 --> 00:11:57,865 run and say, we only managed to get here. 180 00:11:58,635 --> 00:12:01,125 100 foot range who would be upset. 181 00:12:01,395 --> 00:12:02,505 Would you be upset with that? 182 00:12:03,795 --> 00:12:04,724 I don't think you should. 183 00:12:04,844 --> 00:12:08,685 If you are it's greed, you can't allow greed to do this to you. 184 00:12:11,295 --> 00:12:14,474 Now, what happens if you get the entire 100 pet range, say you 185 00:12:14,474 --> 00:12:16,275 get your 100, put a take down. 186 00:12:16,935 --> 00:12:17,625 No one shot. 187 00:12:17,625 --> 00:12:18,525 One kill you. 188 00:12:18,525 --> 00:12:19,484 Get it for the entire week. 189 00:12:19,875 --> 00:12:25,484 The second portion of that trade net you over 46%. 190 00:12:26,385 --> 00:12:27,765 That's in one month. 191 00:12:27,915 --> 00:12:28,395 Okay. 192 00:12:28,545 --> 00:12:33,015 If you'd let this continuously paying out and you do this every single 193 00:12:33,015 --> 00:12:36,464 week, and you're looking for one shot, one kill seven areas, and you 194 00:12:36,464 --> 00:12:40,635 get 100 PIP objectives taken down on the second portion of your trade. 195 00:12:41,135 --> 00:12:43,875 Remember, you're already taking partials off at three to one. 196 00:12:44,475 --> 00:12:45,584 So you're taking 1% off. 197 00:12:46,095 --> 00:12:47,444 If every trade you take is 2%. 198 00:12:47,505 --> 00:12:50,714 Once you know what you're doing is scale off 1% at three to one. 199 00:12:50,925 --> 00:12:55,454 And you wait for the second portion of reach for these higher, higher timeframes. 200 00:12:56,730 --> 00:12:58,890 That's how you make a lot of money. 201 00:12:59,040 --> 00:13:04,020 You pay yourself initially get paid, pay the trader, take partials. 202 00:13:04,050 --> 00:13:05,520 Don't listen to people that don't make money. 203 00:13:05,850 --> 00:13:08,580 You have to pay yourself because you don't know if your trade is going to 204 00:13:08,580 --> 00:13:13,020 pay now, but once you get three to one, you've already, you're already living 205 00:13:13,020 --> 00:13:15,420 in an environment that pays exceedingly. 206 00:13:15,420 --> 00:13:16,740 Well, think about that. 207 00:13:17,280 --> 00:13:21,180 If that's all you managed to do is get first objective at three to one. 208 00:13:21,740 --> 00:13:22,680 It's all you ever did. 209 00:13:22,680 --> 00:13:25,490 Nothing ever panned out beyond that who would be complaining about. 210 00:13:26,610 --> 00:13:29,939 Only folks that are demanding precision beyond your personal 211 00:13:30,569 --> 00:13:32,400 efficiency right now, you can't do it. 212 00:13:32,670 --> 00:13:37,710 You don't have that level of efficiency yet you can grow into that over time, but 213 00:13:37,710 --> 00:13:39,420 you have to allow that time to take place. 214 00:13:41,040 --> 00:13:46,110 But if you get these one shot, one kills where you're looking for a nice 215 00:13:46,110 --> 00:13:49,290 weekly trade of a a hundred pit range. 216 00:13:49,590 --> 00:13:52,470 You don't need the 100 pit range to pay you out handsomely. 217 00:13:53,010 --> 00:13:55,069 But if you go in aiming for it, once in a while, you'll. 218 00:13:56,460 --> 00:13:58,470 And we'll just play devil's advocate for a moment. 219 00:13:58,680 --> 00:14:00,750 And again, we're going to assume for a moment you did, you're able 220 00:14:00,750 --> 00:14:02,010 to take down a hundred pips a week. 221 00:14:02,730 --> 00:14:06,180 It may require you to do another trade that pan out to 222 00:14:06,180 --> 00:14:07,200 get to that a hundred pips. 223 00:14:07,290 --> 00:14:10,740 I'm not telling you to force yourself to get a hundred pips every week, but it 224 00:14:10,740 --> 00:14:14,910 may require you to do a second trade or a third trade, or you may take another trade 225 00:14:14,910 --> 00:14:16,800 and it reduces you down to just this. 226 00:14:18,380 --> 00:14:19,350 You didn't lose you. 227 00:14:19,530 --> 00:14:22,050 You're going to have, you're going to have, uh, encountered, uh, 228 00:14:22,440 --> 00:14:23,850 uh, barriers like everyone else. 229 00:14:23,850 --> 00:14:24,090 Doesn't. 230 00:14:24,930 --> 00:14:28,770 But if you're making your second portion of your trade paying out and 231 00:14:28,770 --> 00:14:31,020 you're reaching for higher timeframe objectives, like we just framed, 232 00:14:31,020 --> 00:14:33,750 it does trade a low risk trade. 233 00:14:33,870 --> 00:14:35,819 It's been framed on a higher timeframe. 234 00:14:35,819 --> 00:14:38,730 Premise with the things that I taught you to focus on on the 235 00:14:38,730 --> 00:14:40,110 month of September is content. 236 00:14:41,760 --> 00:14:44,969 The second portion of the trade will always make more than the first. 237 00:14:45,780 --> 00:14:52,770 Obviously you're getting out early with a portion of the partial is not a weakness. 238 00:14:52,920 --> 00:14:53,849 It's not an impact. 239 00:14:54,689 --> 00:14:55,800 To you make you more money. 240 00:14:56,370 --> 00:15:00,990 When, when, when traders or educators or other folks say that you're taking off 241 00:15:01,050 --> 00:15:05,250 some of the trade before it gets to a, uh, a profit objective that you've had in mind 242 00:15:05,250 --> 00:15:09,720 beforehand, that's coming from someone that does not make money consistently. 243 00:15:09,720 --> 00:15:12,930 And I'm telling you because they're forcing themselves to hold on 244 00:15:12,930 --> 00:15:14,130 for their ultimate objective. 245 00:15:14,579 --> 00:15:17,960 And they're too black and white and profit taking you. 246 00:15:17,960 --> 00:15:20,040 You have to pay yourself when it's available. 247 00:15:20,460 --> 00:15:21,960 If you're at binary, it's all or not. 248 00:15:22,740 --> 00:15:25,200 You're never going to be as good as you think you are. 249 00:15:25,650 --> 00:15:29,850 Believe me, I'm very proficient with price action, but I don't demand 250 00:15:29,850 --> 00:15:32,040 everything all off at my profit objective. 251 00:15:32,070 --> 00:15:33,900 My higher end profit objective. 252 00:15:34,410 --> 00:15:37,680 I learned to pay myself because there's many times I've seen, I've had 253 00:15:37,680 --> 00:15:42,660 really handsome profit sitting in the trade, but I did not allow myself to 254 00:15:42,660 --> 00:15:44,790 take something off and I watched it come all the way back and turn it to. 255 00:15:45,975 --> 00:15:48,975 Or come back and take me out with, uh, a modest stop-loss and then running 256 00:15:48,975 --> 00:15:50,355 my favor, which is very frustrating. 257 00:15:50,355 --> 00:15:52,395 And you've probably encountered that yourself, 258 00:15:55,965 --> 00:15:58,935 but let's say for instance, you couldn't manage to do that trade 259 00:15:59,265 --> 00:16:02,895 with 10 pips and you were just stuck to that one hour set up. 260 00:16:03,045 --> 00:16:03,735 No problem. 261 00:16:04,215 --> 00:16:04,875 No problem. 262 00:16:04,875 --> 00:16:06,465 There's no reason to be upset about that. 263 00:16:06,945 --> 00:16:11,564 If you allow that 20 pips set up to give you a 50 PIP run. 264 00:16:12,465 --> 00:16:12,915 Okay. 265 00:16:13,695 --> 00:16:14,205 Think about that. 266 00:16:15,105 --> 00:16:19,365 If you take the first portion of that trade off and you 267 00:16:19,365 --> 00:16:21,795 only get 50 more pips beyond. 268 00:16:21,795 --> 00:16:28,155 In other words, you've, you've placed your trade on and you paid yourself a modest 269 00:16:28,155 --> 00:16:34,275 30 pips moved to the sidelines, and then you only managed to get another 50 pips. 270 00:16:36,235 --> 00:16:39,145 Well, you made over 10% right there on the second portion of the trade. 271 00:16:41,520 --> 00:16:45,450 It's not about how many perfect exits and entries you get. 272 00:16:48,090 --> 00:16:52,240 This is after your first profit, you pay yourself something 273 00:16:52,630 --> 00:16:54,760 and then let the partial run. 274 00:16:54,940 --> 00:16:58,090 The balance has to run, and that will always pay you more. 275 00:16:58,150 --> 00:17:01,570 And here's the thing, the psychological effects of it not 276 00:17:01,750 --> 00:17:07,450 being a, a trade it's already paid you, you you've taken some skin off. 277 00:17:08,145 --> 00:17:10,845 And that's good because you have one pound of flesh now. 278 00:17:11,055 --> 00:17:11,444 Okay. 279 00:17:11,444 --> 00:17:14,745 For your time, your energy and your focus in that marketplace. 280 00:17:15,435 --> 00:17:20,565 When you focus on trading like that 10% in one month on the back end 281 00:17:20,565 --> 00:17:24,015 of your trade, that's not just w we've already factored in counting 282 00:17:24,015 --> 00:17:25,245 the first portion of your trade. 283 00:17:26,295 --> 00:17:30,555 That goes without saying that that leads to 12% by itself. 284 00:17:31,395 --> 00:17:35,205 But if you can't do this ultra short-term trades, you can still do trades. 285 00:17:37,030 --> 00:17:38,139 And that's still handsome. 286 00:17:38,649 --> 00:17:44,200 10% compound that over the year is over 300% for the, for the year. 287 00:17:44,440 --> 00:17:45,310 And that's amazing. 288 00:17:45,580 --> 00:17:47,830 Where else are you going to get 300% return? 289 00:17:48,730 --> 00:17:49,680 There's no money manager out there. 290 00:17:49,680 --> 00:17:50,670 You're going to raise his hands eight. 291 00:17:50,670 --> 00:17:51,370 I'll do that for you. 292 00:17:52,030 --> 00:17:54,440 There's no fund managers going to say, Hey, look, you know, I'll, 293 00:17:54,440 --> 00:17:55,570 I'll double your money in a year. 294 00:17:55,780 --> 00:17:56,950 I can consistently do that. 295 00:17:57,190 --> 00:17:58,420 I'm going to work hard to do that. 296 00:17:58,420 --> 00:17:59,260 They're not working hard for you. 297 00:18:00,165 --> 00:18:00,495 Okay. 298 00:18:00,524 --> 00:18:03,615 They're doing very little to very lazy and you're going to watch your 299 00:18:03,615 --> 00:18:04,695 money better than anybody else. 300 00:18:04,995 --> 00:18:08,145 So when you see things like this, it's real important that you focus on 301 00:18:08,145 --> 00:18:10,665 that number is an astonishing number. 302 00:18:10,695 --> 00:18:14,475 You can do very, very well with tripling your money every single 303 00:18:14,475 --> 00:18:16,935 year, 10% a month compound. 304 00:18:16,935 --> 00:18:17,535 That does that. 26369

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