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Okay folks, we're really looking
at how traders make 10% per month.
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And we're going to stick with
our theme here using our case
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study on the Aussie dollar.
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Now quickly, obviously going
through everything we've gone
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through in the previous two
sessions, um, we've identified
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as 75, 12 level on a daily chart.
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We've brought that down
into a hourly chart.
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We noticed that there was by stops the us.
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So we know that there's liquidity pools
resting above those specific highs.
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So the markets that should be reaching
up there as much as a hundred pips from
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the level we're identifying, uh, 75 12.
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So they're easily get up to a 76, 12.
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Looking at
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the 15 minute timeframe.
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As we assume earlier in this series,
we've shown that there was a BI
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set up at 75, 12 on a daily chart.
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Uh, we had a old, low everything
that we referred to and what
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to focus on in September.
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Everything is being identified
in this specific case study.
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We don't really require.
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The market to give us an hourly
up to get in and use that risk.
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We can use a 15 minute timeframe and
used the framework that price gives us
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on that specific timeframe relative to
what you see on a 15 minute timeframe.
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Yeah.
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Obviously the risks can be reduced from
what will be seen on an ally chart.
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And then just as well, the 15 minute
chart can be reduced down into a
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five minute chart and we identified
where the stock could be in relative
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terms to the bull shorter block.
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And we also framed out where three to
one reward to risk ratios would unfold.
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And it happened to be rate below
our first area of buy stops or
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the five minute liquidity pool.
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Now this is nowhere near
the level of the objectives.
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We identified framing the
trade on an hourly chart and
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just giving you the context.
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What if we were to look at the market like
this and say, we traded this particular
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payer and we had a 2% risk on the trade.
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If we had 2% on the trade and the market
trades up to this high, where the buy
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stops are, and it's a liquidity pool,
the market should respond off of that
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00:03:04,440 --> 00:03:09,180
75, 12 levels because it's a daily chart
reference point or bullet shorter block.
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If we take our 2% position and take
half of that position off, as we
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get three to one, noticed it doesn't
have to even throw out the buy stock.
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These by stops, don't even
have to get blown out.
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This is three to one reward to risk,
so we can take first profit and bank
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a 1% times three are so we can make
3% on this one trade here and still
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leave the second portion of the trade
on aiming for what there's liquidity
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pools referenced on the hourly chart.
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Now as price explodes and it
goes through those buys stops.
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Obviously you can see going
up to a 15 minute timeframe.
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Now we can go and look at higher
liquidity polls reaching into higher
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00:04:05,190 --> 00:04:08,910
and higher grade liquidity pools
until we get to that hourly chart.
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00:04:09,240 --> 00:04:11,370
But for right now, just simply
look at what's already happened.
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The framework we used for the
five minute chart that we've
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outlined in the second session.
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That model on risk allows us to
have 1, 2, 3, 4, 5, 6, 7, 8, 9 are.
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In other words, we made $9 for
every $1 risk, just reaching into
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the 15 minute by stop liquid.
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The liquidity pools that we saw in our
chart, that's, what's being identified
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for our objectives, but now here we
have, we have a, uh, a crossroads.
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You, can we take some of the position
off here or do we leave the second
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balance of the original position with 2%?
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We only have 1% remaining on, we
could take a portion of that off,
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or we can leave it to go higher
and reach it as a higher objective.
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The choice is going to be yours.
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Preferably, I think I would like to
take something off because we're in a
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really nice liquidity pool relative to
15 minute timeframe and we might get
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some consolidation or could be wrong.
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Could even reverse here.
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We don't ever know that, but we
are trading with higher level
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institutional or flow relative to
that daily or block from 75 12.
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We have seen expanse on the upside.
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It's now taken by stops in the form of a
liquidity pool and a five minute chart.
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We just shown.
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Then now we've see the 15 minute liquidity
pool and that buyer stops over here.
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That's been violated.
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So we've already seen nine to one payout,
which is astonishing by any measure
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and in letting the price
go a little bit further.
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Once we cleared this by stop the area.
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Would be reached into as well,
and we'd have 15 R as well.
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Now this is the liquidity pool that we
resting around that same hourly basis.
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I'm just viewing it in terms of the
15 minute chart, you can see the
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expanse and it's available to you.
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When you look at the market, framing
it with very low risk, very low risk.
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Notice also, we took first profit
at a multiple of three to one.
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So we made $3 for our $1 risk.
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As soon as we did that, we've already
made 3% on the street with ultra
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short-term risk, less than 10 pips.
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That was it.
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Less than 10 pips, but let's say
we reframed a trade with a little
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bit more than that and say, we
used a little bit more comfortable
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stop and say it was a 20 PIP stop.
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Could that still pay out in handsome?
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Why wasn't it.
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Obviously the market
reaches above the stops.
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We noted the market reaches for 10
and 20 PIP grades for stop sweeping.
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We had the old high back here and
price just gets real close to it, but
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expands right above where we would
expect to see price reach for here's.
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What I want you to focus.
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The potential range was about a hundred.
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From where we were looking at buying
and where we thought the price was going
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to go, we don't need the absolute high
and we don't need the absolute low, or
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we're looking at the lions portion of the
move about nine, about a hundred pips.
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Let me ask you a question.
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Do you think you'll get every
PIP of every potential range you
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identify as potential profit.
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If you're insisting.
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You're going to be frustrated,
but you don't need that.
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What happens if you just
had half of the range?
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Would you be disappointed if you
say yes, you would be disappointed.
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My question is, is why
would you be disappointed?
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Is that better than what you're doing now
as a new trader, it's probably going to
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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.
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00:08:03,085 --> 00:08:03,325
Now.
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Let's look at some numbers.
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Assume for a minute, we had a $1,000
trading account and we set the trade up
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originally, as we did with the five minute
chart, less than 10 pips, we're going to
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say we rounded it to a 10 PIP stop loss.
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And the market came up and
allowed us to get our three
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to one multiple in this trade.
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We would already have 3% paid.
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Now, we're going to assume that
you've gone through the mentorship.
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You've learned how to do this.
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And you've gone to the point where you are
comfortable trading with life funds, or
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maybe you're still in the demo account.
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If that choice is yours, you have to make
a decision in timing for your own sake.
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I can't do that for you,
but say for instance, you're
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looking at the trade and it.
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Praying, just like we were outlining
it here and it allows you to get a
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00:09:02,830 --> 00:09:07,390
2% position on to trade is 2% risk.
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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
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your position, now you have 1% remaining.
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00:09:17,110 --> 00:09:21,100
The first 1% taken off with
a multiple three to one.
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Be taking profits at 30 pips.
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You've already banked 3%.
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Look what that does in a month
by itself, it's over 10%.
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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.
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00:09:38,490 --> 00:09:42,630
So if you frame your trades with really
small risk, it's easy to get multiples
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of three to one or more for your reward.
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So your, our levels are easy to get
to when you start refining your risk.
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See it's not having big
risk that makes the money.
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It's having this small
risk that makes the money.
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That's the real secret.
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The fact that you need to be able
to frame your trades on levels that
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should see institutional sponsorship.
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00:10:03,870 --> 00:10:08,490
That means should the banks propel price
higher or lower because it's off a daily
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chart or a weekly chart on monthly chart.
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Those levels are going to be
highly impactful in terms of price.
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They they're going to drive price higher
and lower relative to those levels
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because that's where the real orders are.
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00:10:20,565 --> 00:10:22,785
It has nothing to do with your
indicators, has nothing to do with
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00:10:22,785 --> 00:10:26,865
your supply and demand, or your theory
on price as nothing to do with that.
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It's where the orders are.
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And the orders are going to be around
monthly, weekly, and daily levels.
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00:10:35,465 --> 00:10:41,515
Now, what if you let portion
of that second half go and you
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only got half of that 100%.
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Remember, we were looking at that setup.
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It was potentially a hundred pips
available to you, but say you only
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let it go 50 pips and you just
couldn't bear to hold onto it.
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And that's all you could do.
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00:10:52,695 --> 00:10:55,365
Or you did something and it
got, you stopped out early.
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Okay.
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You showed your stop up too
aggressively and you only managed
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to make 50 pips out of that.
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00:10:59,505 --> 00:11:03,555
Now this is assuming you've
already taken that first 1% off.
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This is the second 1% that's remaining.
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00:11:07,074 --> 00:11:11,155
By itself, if you collapsed it, 50%
of the, uh, a hundred pet range where
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you're looking at you're tacking on
another 21 plus percent for the month.
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00:11:16,495 --> 00:11:18,954
If that's all you're doing week after
week, if you're getting scenarios
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like this one trade you're focusing
in tightly watching one setup and
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you milking it for everything that
it's worth, keeping the risks small
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and looking for higher timeframe.
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00:11:31,075 --> 00:11:34,225
If you do that, you're looking at
21 plus percent, but it's going to
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00:11:34,225 --> 00:11:38,035
call it 21, plus your original 3%
on the first half of that trade.
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00:11:38,785 --> 00:11:40,015
So really what are you making?
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And you didn't even get
the entire 100 pit range.
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Now think about that.
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We use the same scenario where
we use the 10 PIP stop and we
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let the second portion run.
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After three to one was taken off at 30
pips, then we'd let the remaining portion
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run and say, we only managed to get here.
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100 foot range who would be upset.
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00:12:01,395 --> 00:12:02,505
Would you be upset with that?
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00:12:03,795 --> 00:12:04,724
I don't think you should.
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00:12:04,844 --> 00:12:08,685
If you are it's greed, you can't
allow greed to do this to you.
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00:12:11,295 --> 00:12:14,474
Now, what happens if you get the
entire 100 pet range, say you
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00:12:14,474 --> 00:12:16,275
get your 100, put a take down.
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00:12:16,935 --> 00:12:17,625
No one shot.
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00:12:17,625 --> 00:12:18,525
One kill you.
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00:12:18,525 --> 00:12:19,484
Get it for the entire week.
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00:12:19,875 --> 00:12:25,484
The second portion of that
trade net you over 46%.
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00:12:26,385 --> 00:12:27,765
That's in one month.
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00:12:27,915 --> 00:12:28,395
Okay.
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00:12:28,545 --> 00:12:33,015
If you'd let this continuously paying
out and you do this every single
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00:12:33,015 --> 00:12:36,464
week, and you're looking for one
shot, one kill seven areas, and you
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00:12:36,464 --> 00:12:40,635
get 100 PIP objectives taken down
on the second portion of your trade.
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00:12:41,135 --> 00:12:43,875
Remember, you're already taking
partials off at three to one.
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00:12:44,475 --> 00:12:45,584
So you're taking 1% off.
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00:12:46,095 --> 00:12:47,444
If every trade you take is 2%.
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00:12:47,505 --> 00:12:50,714
Once you know what you're doing
is scale off 1% at three to one.
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00:12:50,925 --> 00:12:55,454
And you wait for the second portion of
reach for these higher, higher timeframes.
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00:12:56,730 --> 00:12:58,890
That's how you make a lot of money.
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00:12:59,040 --> 00:13:04,020
You pay yourself initially get
paid, pay the trader, take partials.
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00:13:04,050 --> 00:13:05,520
Don't listen to people
that don't make money.
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00:13:05,850 --> 00:13:08,580
You have to pay yourself because you
don't know if your trade is going to
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00:13:08,580 --> 00:13:13,020
pay now, but once you get three to one,
you've already, you're already living
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00:13:13,020 --> 00:13:15,420
in an environment that pays exceedingly.
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00:13:15,420 --> 00:13:16,740
Well, think about that.
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00:13:17,280 --> 00:13:21,180
If that's all you managed to do is
get first objective at three to one.
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00:13:21,740 --> 00:13:22,680
It's all you ever did.
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00:13:22,680 --> 00:13:25,490
Nothing ever panned out beyond that
who would be complaining about.
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00:13:26,610 --> 00:13:29,939
Only folks that are demanding
precision beyond your personal
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00:13:30,569 --> 00:13:32,400
efficiency right now, you can't do it.
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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
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00:13:37,710 --> 00:13:39,420
you have to allow that time to take place.
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00:13:41,040 --> 00:13:46,110
But if you get these one shot, one
kills where you're looking for a nice
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00:13:46,110 --> 00:13:49,290
weekly trade of a a hundred pit range.
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00:13:49,590 --> 00:13:52,470
You don't need the 100 pit
range to pay you out handsomely.
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00:13:53,010 --> 00:13:55,069
But if you go in aiming for
it, once in a while, you'll.
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00:13:56,460 --> 00:13:58,470
And we'll just play devil's
advocate for a moment.
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00:13:58,680 --> 00:14:00,750
And again, we're going to assume
for a moment you did, you're able
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00:14:00,750 --> 00:14:02,010
to take down a hundred pips a week.
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00:14:02,730 --> 00:14:06,180
It may require you to do
another trade that pan out to
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00:14:06,180 --> 00:14:07,200
get to that a hundred pips.
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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
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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
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00:14:14,910 --> 00:14:16,800
and it reduces you down to just this.
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00:14:18,380 --> 00:14:19,350
You didn't lose you.
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00:14:19,530 --> 00:14:22,050
You're going to have, you're going
to have, uh, encountered, uh,
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00:14:22,440 --> 00:14:23,850
uh, barriers like everyone else.
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Doesn't.
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00:14:24,930 --> 00:14:28,770
But if you're making your second
portion of your trade paying out and
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you're reaching for higher timeframe
objectives, like we just framed,
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it does trade a low risk trade.
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It's been framed on a higher timeframe.
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Premise with the things that I
taught you to focus on on the
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month of September is content.
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The second portion of the trade will
always make more than the first.
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Obviously you're getting out early with a
portion of the partial is not a weakness.
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It's not an impact.
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To you make you more money.
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00:14:56,370 --> 00:15:00,990
When, when, when traders or educators or
other folks say that you're taking off
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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
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beforehand, that's coming from someone
that does not make money consistently.
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And I'm telling you because they're
forcing themselves to hold on
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for their ultimate objective.
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00:15:14,579 --> 00:15:17,960
And they're too black and
white and profit taking you.
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You have to pay yourself
when it's available.
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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.
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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.
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My higher end profit objective.
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00:15:34,410 --> 00:15:37,680
I learned to pay myself because
there's many times I've seen, I've had
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00:15:37,680 --> 00:15:42,660
really handsome profit sitting in the
trade, but I did not allow myself to
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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
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00:15:48,975 --> 00:15:50,355
my favor, which is very frustrating.
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00:15:50,355 --> 00:15:52,395
And you've probably
encountered that yourself,
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00:15:55,965 --> 00:15:58,935
but let's say for instance, you
couldn't manage to do that trade
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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.
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00:16:06,945 --> 00:16:11,564
If you allow that 20 pips set
up to give you a 50 PIP run.
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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
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00:16:19,365 --> 00:16:21,795
only get 50 more pips beyond.
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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
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00:16:28,155 --> 00:16:34,275
30 pips moved to the sidelines, and then
you only managed to get another 50 pips.
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00:16:36,235 --> 00:16:39,145
Well, you made over 10% right there
on the second portion of the trade.
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00:16:41,520 --> 00:16:45,450
It's not about how many perfect
exits and entries you get.
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00:16:48,090 --> 00:16:52,240
This is after your first profit,
you pay yourself something
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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
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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.
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00:17:11,055 --> 00:17:11,444
Okay.
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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
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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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