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Okay folks.
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Welcome back.
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This is the part where I get to
talk about the 2000 pips I made
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and 32% return in 20 minutes.
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All right.
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So before we get into this, okay.
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Because I know some of you are a
little perplexed when we do exercises.
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Okay.
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It's intended for you to personally
engage the market yourself.
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Okay.
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When I post charts on Twitter,
when I post them before.
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The market moves from where
I'm showing you in the chart.
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Okay.
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And I include in the tweet,
low resistance liquidity run.
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When I do that, that's all your attention.
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Do, do exactly what I'm talking
about in, in following that market.
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And I'm not going to say
anything other than that, you
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follow along in that market.
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Anytime there's an exercise,
it's for your personal.
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Engagement where you go in and you
use the tools for what you know right
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now, and some of the commentary and
you, you do what you would do if you
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were trading it, it's an exercise.
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We're in a demo account.
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It's not meant for you to try to
make a thousand dollars in the trade.
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It's meant for you to do a specific
focused practice run if you will.
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Okay.
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And get in there and see what it
feels like to be in a trade like this.
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Now, before we get into the nuts and bolts
of it, all we highlighted today was a
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landmine full of volatility injections.
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Okay.
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In the form of the calendar.
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And I'm not going to pull it back up.
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Cause it's in the recording that
you'll see in the first video.
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But because of that, even though we
had the conditions where it could
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run up here and take these highs.
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Because it had that and it had a smaller,
clean highs in here and the market was
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down here hanging around a big figure.
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The expectation was we using power three.
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The idea was we're getting close.
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We're close to the low of the day.
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We're not that far away from the
low in terms of the proximity of
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where we were calling 1 30, 1 95.
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That's not far away
from where the low was.
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And this candle is the
opening candle on me.
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So, what I was expecting was if we had
a jump down at the 10 o'clock number,
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that be, that would be an indication
for you to also do an exercise there
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with the expectation that we could
potentially see it moved down here.
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Now it's too late in the day now, but
if we went down there at the numbers
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release at 10, that could have set up
the, uh, the move that we saw here.
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And maybe you're through to 1 30, 2 44.
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Our initial exercise was to be
in at 1 32 big figure 1 30, 1 95.
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And with the expectation that we would
see a run through these equal highs and
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first objective, 1 32 27, which is the
bearish order block here, the opening
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price, we didn't get the second objective.
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We did get the run on the stuff
we got the first objective.
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And as soon as we go into these
stops here in the exercise, okay.
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I want to see.
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If you'd have the remembering of taking
out partial profits there, then would
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you take partial profits at 1 30, 2 27?
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And would you leave some on to see if we
get 30 to 44 and, or I'll run up here?
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The exercise is every one of us are
going to have completely unique results.
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And that's exactly what the intended
purpose is because you need to get into.
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To price.
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You need to be able to do these
things on your own because I'm not
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going to be here 13 months from now.
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You're going to be on your own.
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And you know, you're going to be
able to do these things on your own
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because you've done these exercises.
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You've gone through the process of going
through it where the money's not involved.
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Okay.
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You're, you're desensitizing
yourself to doing it.
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You won't be fearful of it.
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You're going to go in with a
specific mindset and you're going
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to look for specific things.
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We were focusing on the market
to expand on the upside.
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Now, the quick question is that some of
you that watched the old material free
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stuff and understand what power three is.
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I'm not going to be able to show
you without messing up this chart.
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But the daily chart usually is if it's
a bullish day, it'll open movement down
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and then big range up and then up close.
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Do you need, if you're day trading, do
you need it to close higher than it?
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Mark's the only one
that stepped out there.
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No, you don't.
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No, you don't, you don't need it.
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You don't need it to close up there.
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You don't need it to close high,
to be profitable in a day trade
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because I teach you to pay you.
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At logical areas of where price
should reach for and absorb liquidity.
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So if we're down here at 31 95
or 1 32 at 32, 20 that's 20 pips.
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Correct.
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So if it's moving there.
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Okay.
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And at 30, at 30 to 20, you're running it
into an area where there's equal height.
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We don't know.
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And this is what I'm trying to, I'm
trying to show you this by daily,
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forcing your nose into the charts.
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Okay.
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And seeing that what you're coming into
this business with with preconceived ideas
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and expectations, they need to adjust to
what the market is going to do for you.
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And that's it.
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It's the only thing you can do.
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So if the market trades up 20 pips
and it goes right to an area where
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these equal highs are, I don't know
if it's going to stop right there.
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Okay.
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Go lower.
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I don't know that nobody ever
knows that the idea is if it goes
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there, it's offered you 20 pips.
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So bank, some of it then leave a little
bit on just like I said this morning.
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See if it reaches for 1 30, 2 27,
if it does take something off, pay
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yourself, then go to breakeven.
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You've cleared an area stops
and you hit first objective.
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You have to do that because of
what time of day 10 o'clock.
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We're in, we're basically
in the profit taking hour.
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Do you allow, do you allow
trades to stay with a wide stop?
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Once you go into the 10
o'clock hour, New York time?
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Why, why is it prudent
to trail your stop up?
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Once we enter the 10 o'clock hour, because
you're approaching to take a profit taking
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where they're going to square position.
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So if the move has been going up,
someone it's in the marketplace, as
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long, they're going to want to close
their positions off because it's in
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London, close London, close, doesn't
close at a specific minute or an hour.
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It's a, it's a range of time.
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So I've defined it by 10 o'clock
in the morning, New York time
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till 11 o'clock in the morning.
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So once we enter that time period of the
day, relative to New York time, okay.
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Again, 10 o'clock in the morning to
11 o'clock in the morning, New York.
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If we've seen profits, regardless of how
much it is, we need to move our stock up.
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So we don't absorb a loss and
you should have already paid
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yourself something by then.
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00:08:08,060 --> 00:08:13,780
And because it's a late New York session,
well, not like Newark, but you're in,
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uh, the end of London close, but you're
still in, uh, about an hour and a half,
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two hours after London, essentially
open I'm sorry, new York's opening at
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eight 30 in the morning, New York time.
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You, you basically, you're late in
the day because of that 10 to 11
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o'clock in the morning, your time
that's going to have a great impact
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on the daily higher, low forming.
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We didn't see any
follow-through on the dollar.
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It came up, it hit our level.
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We were looking for,
which was this candle.
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Well, I'm not sure if it was this
killer or not now, was it this one?
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Yeah, it was, it was, this came up here.
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I talked about the low 96, 26.
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It has to be as it's the same
freaking line ahead on the chart.
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I didn't do anything while I was going.
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So it went up and hit that level.
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We cleared our stops here, went the
first objective beyond the stops.
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Okay.
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00:09:12,330 --> 00:09:15,330
It has a 30 pit run the
high on this candle.
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00:09:17,390 --> 00:09:20,360
Well, that's actually a
32 pips 32 pips of a run.
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00:09:21,375 --> 00:09:21,825
Okay,
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hang on Ricardo.
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00:09:27,585 --> 00:09:32,475
So if we have an opportunity,
we've seen 32 pips in our favor.
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If you went along at 32 as an exercise,
it's intended to train you to pay your.
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You have to get in here when the
price is moving in your favor, you
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do not fall in love with the fact
that it's rolling up here like this.
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00:09:48,380 --> 00:09:52,490
Now I was literally driving through
that, so I didn't really see it punch
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up to the 30 to 1 30, 2 32 level.
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I didn't see that actually
print, but hadn't been there.
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I would've liked to be able to tweet and
say, do you think it's going to go higher
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00:10:01,875 --> 00:10:04,785
and variably, I'm sure that most of you
would have been like, you know, high five
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00:10:04,785 --> 00:10:08,985
in a year, it's going up to 30 to 44 and
it's going to go to 32 90 and maybe 33.
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00:10:09,045 --> 00:10:11,205
Cause you would've got excited
about that big bullish candle.
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And I want you to be cognizant
of the fact that we're in an area
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where we cleared out equal highs.
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What's resting above those
equal highs by stops.
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00:10:19,485 --> 00:10:22,005
So if the market rallied up there,
there's going to be some measure
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of liquidation to those biceps.
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00:10:25,860 --> 00:10:27,420
That's what power three is.
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00:10:27,689 --> 00:10:31,560
It doesn't necessarily require
you to see the close higher.
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00:10:31,740 --> 00:10:33,209
When the opening, you don't need that.
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If you're day trading, that's all, this
was the day trading exercise, the levels
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we called for with the exception of 30
to 44, and the run-up here materialized,
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it allows us an opportunity to engage,
to get 20, 30 pips again, and you are
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given an opportunity to train yourself.
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To be involved with the price action.
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This same little move in here.
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I know, I know already what you're
thinking for the folks that can't D trade.
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00:11:00,720 --> 00:11:00,990
Okay.
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00:11:00,990 --> 00:11:03,900
You can't be in front of the charts that
you're listening to this video, and you're
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00:11:03,900 --> 00:11:07,110
already contemplating, I'm going to have
to end this mentorship because all this
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00:11:07,110 --> 00:11:12,990
is scalping intraday, and it's not because
this same thing here that's occurring.
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00:11:13,710 --> 00:11:14,940
This could be a daily chart.
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00:11:15,330 --> 00:11:18,810
Each one of these candles can represent
the in individual daily candle.
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And it's the same thing.
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00:11:21,030 --> 00:11:22,010
It just requires.
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00:11:22,920 --> 00:11:26,190
It just requires more time
for the candles to pan out.
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00:11:26,880 --> 00:11:30,480
That's the reason why I teach in an
intraday capacity because it gives
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00:11:30,480 --> 00:11:34,770
you a plethora of examples of calling
it over and over and over again.
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00:11:35,970 --> 00:11:38,580
Let me give you, let me give you
what you should take away from
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00:11:38,580 --> 00:11:42,360
today, because I know some of you
probably took a live trade and you
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00:11:42,360 --> 00:11:44,340
did exactly what I told you not to do.
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00:11:45,270 --> 00:11:47,910
So if you're doing, if you're doing
that, you're already not looking.
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00:11:49,020 --> 00:11:50,310
And that's going to be problematic.
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00:11:50,350 --> 00:11:51,330
You need to listen.
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00:11:51,600 --> 00:11:54,540
I've already told you,
I've already told you.
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00:11:54,540 --> 00:11:56,010
And I reiterate it in this one here.
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00:11:56,010 --> 00:11:57,420
So in your notebook, okay.
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00:11:58,410 --> 00:12:00,330
In your notebook, write this very clearly.
199
00:12:01,800 --> 00:12:06,330
I see T is not going to have money
in a live trade, unless he tweaks
200
00:12:06,330 --> 00:12:09,990
the chart in advance where the stock
is going to be at where the Target's
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00:12:09,990 --> 00:12:11,850
going to be at and everything.
202
00:12:11,850 --> 00:12:15,480
And he says in the tweet, low
resistance, liquidity run.
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00:12:16,290 --> 00:12:17,170
That's how, you know.
204
00:12:18,584 --> 00:12:22,425
It's worth taking a closer look and
I'll say nothing more than that.
205
00:12:23,145 --> 00:12:27,735
Everything else is for exercise
and training purposes only.
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00:12:27,944 --> 00:12:30,464
And there's a lot of this going
on in the first three months.
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00:12:30,584 --> 00:12:31,935
Well, now the remaining two months.
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00:12:32,805 --> 00:12:34,005
So you need to submit to that.
209
00:12:34,005 --> 00:12:34,935
That's what's going to happen.
210
00:12:35,025 --> 00:12:35,475
Okay.
211
00:12:35,745 --> 00:12:41,115
So don't be in a rush to be in here
with a live trade I'm telling you
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00:12:41,115 --> 00:12:43,725
it's going to not pan out for you.
213
00:12:43,935 --> 00:12:45,135
You're all going to
have different reasons.
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00:12:45,974 --> 00:12:51,525
You're all I'm leaving you in here
in an exercise, uh, environment where
215
00:12:51,765 --> 00:12:57,015
you're forced to make the decisions
I'm going to do what I need to do to
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00:12:57,015 --> 00:12:59,385
show you in hindsight, after I do it.
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00:12:59,385 --> 00:13:01,844
And it's not hindsight where
I can talk about this, I'm
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00:13:01,995 --> 00:13:03,344
holding myself to my effect.
219
00:13:04,709 --> 00:13:06,930
You're going to, I'm going to open up
here in a second so you can see it.
220
00:13:07,140 --> 00:13:07,560
Okay.
221
00:13:07,829 --> 00:13:11,160
But I'm telling you what I
explained this morning, okay.
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00:13:11,640 --> 00:13:15,120
Is exactly what I executed on
and you see it and you will
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00:13:15,120 --> 00:13:16,620
see it in the, my effects book.
224
00:13:17,550 --> 00:13:20,220
The objective was we were
going to do what this week.
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00:13:25,425 --> 00:13:27,765
Well, if you need to make money,
that was one of the reasons
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00:13:27,915 --> 00:13:29,295
I told you not to subscribe.
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00:13:29,325 --> 00:13:32,295
If you need to make money and
you got to make the $150 back,
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00:13:32,655 --> 00:13:34,575
this isn't going to work for you
for the first couple of months.
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00:13:37,095 --> 00:13:42,585
So the first, first week of this month,
the month theme is risk management.
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00:13:43,155 --> 00:13:47,595
And I want you to start with low end
objectives where it's easy for you to
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get to it 6% a month, doubles your money
every single year, no matter how you, it.
232
00:13:55,470 --> 00:13:57,180
Whatever account balance you start with.
233
00:13:57,390 --> 00:14:00,930
If you can take 6% compounding
your equity every single month,
234
00:14:01,770 --> 00:14:06,210
it's over a hundred percent return
for the year to get to that.
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We're aiming for about one and
a quarter to one and a half
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percent compounded weekly.
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Okay.
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00:14:11,850 --> 00:14:15,540
So w to make it easy, we're just going to
look for one and a half percent returns.
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00:14:17,385 --> 00:14:21,795
So many of you are so eager to
hit these weekly one shot, one
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00:14:21,795 --> 00:14:25,335
kills, and I'm telling you,
you need to graduate into that.
241
00:14:26,265 --> 00:14:28,425
You just can't open up the
charts and wants a tutorial
242
00:14:28,425 --> 00:14:29,545
video, and just nail that down.
243
00:14:29,595 --> 00:14:31,875
It ain't going to work for you
and the folks that are doing it
244
00:14:31,875 --> 00:14:33,195
consistently from the free tutorials.
245
00:14:33,435 --> 00:14:35,715
They, if they were in here and they
could talk, they would tell you,
246
00:14:36,075 --> 00:14:39,435
it took them months of doing what
I'm forcing you to do right now.
247
00:14:40,035 --> 00:14:40,935
You got to exercise.
248
00:14:42,895 --> 00:14:43,075
So.
249
00:14:44,550 --> 00:14:48,810
The number one thing is you have
to number one, listened to me.
250
00:14:48,900 --> 00:14:49,830
You have to listen.
251
00:14:50,040 --> 00:14:50,490
Okay.
252
00:14:50,850 --> 00:14:54,120
When I'm telling you it's an
exercise, I'm inviting you to do the
253
00:14:54,120 --> 00:14:57,690
very things that you end up seeing
me do, where I show the trade.
254
00:14:57,870 --> 00:15:00,120
This is where I took up the
entry, and this is what I did.
255
00:15:00,330 --> 00:15:04,620
And I want you to feel what it
feels like to be in these movements
256
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in the price, because you cannot
learn how to trade without doing it.
257
00:15:10,114 --> 00:15:12,694
And if you're not going to be able
to do this, and you're not going to
258
00:15:12,694 --> 00:15:15,994
be able to submit yourself to do the
exercises and I don't care what timeframe
259
00:15:15,994 --> 00:15:20,015
it is, you can do these on hourly
charts for our charts, daily charts.
260
00:15:20,015 --> 00:15:24,484
If you can't do the exercises and
tests of being in the marketplace,
261
00:15:25,444 --> 00:15:27,214
you need to stop the mentorship.
262
00:15:27,905 --> 00:15:32,885
And I mean, it, I sincerely mean it
because I cannot teach you if you're
263
00:15:32,885 --> 00:15:35,015
not going to engage in practice.
264
00:15:35,614 --> 00:15:37,625
There's no way for me
to bridge what I know.
265
00:15:38,640 --> 00:15:42,150
Unless you do to very things and submit
to the instructions I'm giving you.
266
00:15:43,410 --> 00:15:44,640
So it's still early.
267
00:15:45,210 --> 00:15:49,680
If you don't want to be involved
and you have to take some initiative
268
00:15:49,680 --> 00:15:52,050
on your end, you have to do it.
269
00:15:52,470 --> 00:15:57,300
Otherwise you'll learn nothing from me
and you'll come away with feeling like
270
00:15:57,300 --> 00:15:58,680
you've wasted your time and your money.
271
00:15:58,710 --> 00:16:02,280
When in fact you have the greatest
opportunity right now in front of you,
272
00:16:02,760 --> 00:16:03,990
you just got to do a little bit of it.
273
00:16:04,260 --> 00:16:07,320
You got to take a little bit of
initiative and get in here and do that.
274
00:16:08,600 --> 00:16:10,490
I'm telling you where the
market's going to reach for.
275
00:16:11,270 --> 00:16:16,340
I've already outlined certain criteria
where you could frame an exercise where
276
00:16:16,340 --> 00:16:21,439
you can take the initiative on your
own and go in and trade it and then get
277
00:16:21,439 --> 00:16:23,240
the results from seeing being in it.
278
00:16:23,689 --> 00:16:24,650
Then you log that.
279
00:16:25,100 --> 00:16:28,910
Did you feel like I was worried
about it turning around when
280
00:16:28,910 --> 00:16:30,230
it hit this specific level?
281
00:16:30,230 --> 00:16:32,810
I was nervous when I was watching this.
282
00:16:33,260 --> 00:16:35,930
Um, I was thinking it was going
to go much harder, higher than it.
283
00:16:36,975 --> 00:16:40,785
And by doing this every single
day and logging your internal
284
00:16:40,785 --> 00:16:42,015
feelings about the trade.
285
00:16:42,135 --> 00:16:43,035
It's not a live trade.
286
00:16:43,035 --> 00:16:43,755
It's an exercise.
287
00:16:44,085 --> 00:16:46,035
Believe me, I did this for years.
288
00:16:46,305 --> 00:16:46,755
Okay.
289
00:16:47,035 --> 00:16:49,635
On paper, writing it down
on a daily close basis.
290
00:16:49,935 --> 00:16:54,045
I pretended hypothetically I
bought the open and I would look
291
00:16:54,045 --> 00:16:55,125
at whatever the closing price is.
292
00:16:55,125 --> 00:16:56,625
And that's where I would
mark every single day.
293
00:16:56,655 --> 00:16:58,185
And I would say, okay,
how do I feel about this?
294
00:17:01,155 --> 00:17:04,785
We have a wonderful opportunity to be
able to do this in an interdict capacity.
295
00:17:04,785 --> 00:17:08,265
It was the Forex market and
you learn price action way
296
00:17:08,265 --> 00:17:09,555
faster than I had to learn it.
297
00:17:10,905 --> 00:17:15,015
But you're coming in with your ideas
that you know how you should learn this.
298
00:17:15,345 --> 00:17:20,235
And if you know that, then why did
you subscribe to this stop to stop?
299
00:17:20,235 --> 00:17:22,935
You already know how your, you
already know the answers to, to
300
00:17:22,944 --> 00:17:24,765
turn it off, ask for a refund.
301
00:17:27,065 --> 00:17:30,965
But if you're here, you have to
absolutely submit to my instructions.
302
00:17:30,965 --> 00:17:32,795
Otherwise you're going to
come away with this fruitless.
303
00:17:33,785 --> 00:17:34,175
Okay.
304
00:17:34,595 --> 00:17:37,415
It's not everybody that's doing this,
but I had a couple emails sent to me.
305
00:17:37,805 --> 00:17:39,035
They're like, you know,
what's going on here?
306
00:17:40,025 --> 00:17:42,095
Number one, listen.
307
00:17:43,085 --> 00:17:43,535
Okay.
308
00:17:43,685 --> 00:17:48,185
I'm giving you ways to practice
within this specific setup.
309
00:17:48,635 --> 00:17:51,755
We were aiming for that market,
the U S CAD to go higher today.
310
00:17:52,385 --> 00:17:52,805
That was.
311
00:17:54,135 --> 00:17:55,395
How could we engage that?
312
00:17:55,665 --> 00:17:58,514
Well, we could have bought it at
1 32, even, like I said, we could
313
00:17:58,905 --> 00:18:03,225
bought it on a limit at 1 30, 1 95,
and I gave you a condition if at 10
314
00:18:03,225 --> 00:18:06,465
o'clock it dropped down right now,
this would have did this right now.
315
00:18:07,034 --> 00:18:10,455
As you see it on the chart, if it would
have done that at 10 o'clock without going
316
00:18:10,455 --> 00:18:15,044
up here first, that would have been a good
area to be buying as an exercise as well,
317
00:18:15,044 --> 00:18:16,754
to wait for the expansion on the upside.
318
00:18:17,145 --> 00:18:20,564
But because we've already went above
these equal highs already with despite.
319
00:18:21,315 --> 00:18:22,815
It hit 1 30, 2, 27.
320
00:18:23,175 --> 00:18:27,705
It's over because of time of day, there's
not enough battery life in a daily range.
321
00:18:27,705 --> 00:18:28,425
It's already done.
322
00:18:28,425 --> 00:18:30,045
It's already spent itself.
323
00:18:30,435 --> 00:18:30,825
Okay.
324
00:18:35,675 --> 00:18:39,755
I'm actually going to teach
you exactly how to log in.
325
00:18:39,755 --> 00:18:41,285
I'm going to do my own entry today.
326
00:18:41,405 --> 00:18:45,875
So when I go on the forum tonight, I'm
going to, I'm going to attach a PDF file
327
00:18:46,475 --> 00:18:49,745
and I'm going to show you exactly what my
personal log looks like for this trade.
328
00:18:51,340 --> 00:18:52,149
It's an exercise.
329
00:18:52,149 --> 00:18:55,989
It's not a live trade, but I'm actually
going to show you what I did, how I felt
330
00:18:55,989 --> 00:18:59,739
about the trade, what I was thinking
about my own personal life, all the things
331
00:18:59,739 --> 00:19:01,030
that you're going to have to do yourself.
332
00:19:02,840 --> 00:19:06,050
And you do this every single
day, every single day.
333
00:19:06,080 --> 00:19:07,250
And I'm promising you.
334
00:19:07,879 --> 00:19:11,639
There's no absolute guarantees
in, in trading nothing.
335
00:19:11,639 --> 00:19:14,810
Now I don't guarantee you that you're
going to get a hundred percent accuracy.
336
00:19:14,959 --> 00:19:15,350
Okay.
337
00:19:15,560 --> 00:19:16,810
But I am going to guarantee you.
338
00:19:18,400 --> 00:19:21,790
I'm absolutely guaranteeing
you and you can put me and you
339
00:19:21,790 --> 00:19:23,140
can hold me to my word on this.
340
00:19:23,140 --> 00:19:23,530
Okay.
341
00:19:24,430 --> 00:19:25,420
Download these videos.
342
00:19:25,450 --> 00:19:33,130
I promise you if you listen to me and
you do the things I'm asking you to do by
343
00:19:33,130 --> 00:19:36,190
default, you will learn how to do this.
344
00:19:37,210 --> 00:19:41,320
I promise you everyone that sits
down to this and does the work
345
00:19:41,560 --> 00:19:44,500
they learn it, it just takes a
little bit longer for somebody.
346
00:19:47,030 --> 00:19:52,820
It just, you have to submit to a guys and
don't force what you think you should be
347
00:19:52,820 --> 00:19:57,980
seeing, because if you come in with that
mindset, who is the teacher, it's not me.
348
00:19:57,980 --> 00:20:01,640
Then you're, you're putting my
instructions into the backseat.
349
00:20:03,200 --> 00:20:04,310
You're you're coming in with.
350
00:20:04,310 --> 00:20:05,120
Well, he should be tough.
351
00:20:05,160 --> 00:20:06,080
He should be teaching me this.
352
00:20:06,230 --> 00:20:07,970
He should be no, don't do that.
353
00:20:08,960 --> 00:20:09,620
Don't do that.
354
00:20:10,130 --> 00:20:12,470
Because number one, you're, don't
interrupt the flow of your information.
355
00:20:13,215 --> 00:20:14,415
Okay too.
356
00:20:14,925 --> 00:20:17,475
It's going to cause me
to reflect on, okay.
357
00:20:17,655 --> 00:20:18,975
Did I do what I was supposed to do?
358
00:20:18,975 --> 00:20:19,965
And I know what I'm doing.
359
00:20:20,145 --> 00:20:20,955
I know what I'm doing.
360
00:20:21,915 --> 00:20:25,665
So I want you to just relax,
trust me and just relax.
361
00:20:25,905 --> 00:20:26,295
Okay.
362
00:20:26,774 --> 00:20:30,945
And it's really the folks that just signed
up and that's who I'm speaking to the
363
00:20:30,945 --> 00:20:34,095
folks who've been here for the first month
and watch me do this every single day.
364
00:20:34,935 --> 00:20:38,955
They're relaxed now to just
relax and let your, your first
365
00:20:38,955 --> 00:20:39,975
month of seeing it unfold.
366
00:20:39,975 --> 00:20:40,365
Okay.
367
00:20:41,085 --> 00:20:42,014
Just let it happen.
368
00:20:42,045 --> 00:20:42,315
Trust me.
369
00:20:43,230 --> 00:20:46,980
No, one's ripping you off the
things I talked about this morning.
370
00:20:46,980 --> 00:20:49,320
If you were alive, it went to the levels.
371
00:20:50,130 --> 00:20:51,840
That's all that's necessary to make money.
372
00:20:52,740 --> 00:20:53,340
That's all.
373
00:20:53,520 --> 00:20:53,970
Okay.
374
00:20:56,910 --> 00:21:02,250
So let me finish this up and not make it
feel like a woodshed experience for you,
375
00:21:02,250 --> 00:21:04,500
because I really want you to succeed.
376
00:21:04,560 --> 00:21:09,360
I really, really want you to succeed, but
some of you are having the same problems.
377
00:21:10,710 --> 00:21:11,760
And I got in the way.
378
00:21:12,270 --> 00:21:12,510
Okay.
379
00:21:12,510 --> 00:21:16,230
I got in my own way of developing
because I thought it should
380
00:21:16,230 --> 00:21:17,070
have been something different.
381
00:21:17,400 --> 00:21:21,120
And admittedly, looking
back, I was stubborn.
382
00:21:21,990 --> 00:21:27,060
So just submit to someone that knows
what they're talking about and it's
383
00:21:27,060 --> 00:21:29,129
gone through the, the bad things.
384
00:21:29,190 --> 00:21:29,610
Okay.
385
00:21:29,639 --> 00:21:34,139
You could be a real big barrier to your
understanding by expecting or thinking
386
00:21:34,139 --> 00:21:36,120
that you shouldn't see it a certain way.
387
00:21:36,120 --> 00:21:38,400
When I tell you it ain't going
to work like you want it to.
388
00:21:40,005 --> 00:21:44,745
Okay, so lost my frame at fault here.
389
00:21:44,745 --> 00:21:46,005
So, uh, all right.
390
00:21:46,155 --> 00:21:50,325
So this morning we were looking at the
market with the expectation that we're
391
00:21:50,325 --> 00:21:54,945
going to clean these highs out above
here, and potentially go to 1 30, 2 27.
392
00:21:55,515 --> 00:21:56,625
So may I ask you a question?
393
00:21:57,525 --> 00:21:59,205
What was the trade parameters?
394
00:21:59,205 --> 00:22:01,455
When we first started
talking about 6% a month.
395
00:22:01,905 --> 00:22:02,265
Okay.
396
00:22:03,195 --> 00:22:06,805
Did we discuss the idea of.
397
00:22:08,090 --> 00:22:16,460
Around 2030 pips is as a real, low-end
low hanging fruit objective to make that
398
00:22:16,460 --> 00:22:17,450
one and a half percent for the week.
399
00:22:21,170 --> 00:22:21,590
Okay.
400
00:22:22,100 --> 00:22:25,730
So now here is, here's one of
the exercises that, and this is
401
00:22:25,730 --> 00:22:29,030
why I was asking the folks to get
involved with this today is because
402
00:22:29,030 --> 00:22:31,040
here's what most of you want to do.
403
00:22:31,400 --> 00:22:34,550
You want to do these types of
trades six times a day, five
404
00:22:34,550 --> 00:22:36,260
days a week on 14 different.
405
00:22:37,735 --> 00:22:41,365
And the problem is, is you're not going
to be able to focus to be able to do that.
406
00:22:41,545 --> 00:22:45,205
Number two, you don't have the equity
base to support that, and you don't
407
00:22:45,205 --> 00:22:46,495
have the skillset to do it either.
408
00:22:47,185 --> 00:22:50,845
So to be able to make money,
which is when everybody's in this
409
00:22:50,845 --> 00:22:53,575
business to do, I'm not in here to
show how many trades I can make.
410
00:22:54,095 --> 00:22:55,855
I'm not in here to try to show me parents.
411
00:22:55,855 --> 00:22:58,375
I can watch the bottom line
is, is I want to get paid.
412
00:22:58,945 --> 00:22:59,635
And if I don't get paid.
413
00:23:00,510 --> 00:23:02,580
Then obviously I'm not
in the right business.
414
00:23:02,760 --> 00:23:07,980
I need to be doing something in this
market to pay for my risk that I assume.
415
00:23:09,209 --> 00:23:10,080
And the same thing with you.
416
00:23:11,070 --> 00:23:12,090
You're only in here to make money.
417
00:23:12,899 --> 00:23:17,370
So if that's the case, when the market
is offering that money to you and you
418
00:23:17,370 --> 00:23:20,490
see these open profits, you have to do.
419
00:23:33,415 --> 00:23:37,465
You have to pay yourself Frenchie.
420
00:23:37,465 --> 00:23:38,995
I saw your, uh, your comment.
421
00:23:39,055 --> 00:23:44,755
In fact, um, I invited, uh,
one of the members to do like a
422
00:23:44,755 --> 00:23:48,265
panelist, uh, uh, session on Monday.
423
00:23:48,595 --> 00:23:50,155
Mondays are usually a slow day for us.
424
00:23:51,240 --> 00:23:56,700
So I invited him to, uh, to speak with
us and, uh, French that you can actually
425
00:23:56,700 --> 00:24:00,629
bring that up too, because I'm sure
you've been trading for a while, but
426
00:24:00,629 --> 00:24:04,680
the, uh, the bottom line is, is if the
market's presenting an opportunity for
427
00:24:04,680 --> 00:24:09,390
you to be paid and you have open profits,
they're paper profits, you can't spend
428
00:24:09,390 --> 00:24:12,270
that money until you collapse it and
take it and put in your account, correct.
429
00:24:14,610 --> 00:24:17,400
Whether you're trading a live
account or not, those profits are
430
00:24:17,400 --> 00:24:19,140
demo profits until you collapse it.
431
00:24:22,625 --> 00:24:27,485
We're all demo traders until that money
is deposited and closed in the account.
432
00:24:28,475 --> 00:24:30,365
There's no way it's the way it is.
433
00:24:30,455 --> 00:24:30,905
Okay.
434
00:24:31,325 --> 00:24:34,265
That money is not your money
until it's in your hands.
435
00:24:35,495 --> 00:24:36,965
Otherwise it's just paper.
436
00:24:37,535 --> 00:24:39,155
It's pretend it's a
digital on your screen.
437
00:24:39,785 --> 00:24:41,795
So you have to make it reality.
438
00:24:42,990 --> 00:24:47,250
When it's given you logical areas of
where you need to be exiting some portion
439
00:24:47,280 --> 00:24:52,080
of that trade, you have to exercise that
the broker's not going to do it for you.
440
00:24:52,110 --> 00:24:53,220
I can't do it for you.
441
00:24:54,060 --> 00:24:54,930
You need to do that.
442
00:24:55,770 --> 00:25:01,320
So these exercises are meant to teach
you when movements are occurring in
443
00:25:01,320 --> 00:25:03,600
price, we don't have to be right.
444
00:25:03,690 --> 00:25:04,890
Here's what was my trade?
445
00:25:05,160 --> 00:25:06,540
Think about what I outlined this morning.
446
00:25:08,280 --> 00:25:10,250
Where did I say the
market could potentially.
447
00:25:12,780 --> 00:25:13,380
Us cat
448
00:25:23,310 --> 00:25:27,180
1 30, 2 85, 1 30, 2 90,
potentially all up to what?
449
00:25:27,180 --> 00:25:28,200
1 33 big figure.
450
00:25:28,200 --> 00:25:28,500
Right.
451
00:25:33,470 --> 00:25:34,640
But look at the chart right now.
452
00:25:36,899 --> 00:25:40,469
If I was on baby pips, everybody else
would be focusing on the fact that
453
00:25:40,560 --> 00:25:42,510
it didn't go to 1 30, 3 big figure.
454
00:25:42,689 --> 00:25:46,709
It didn't go to one 30
to 40, let alone 32, 85.
455
00:25:47,280 --> 00:25:48,360
He doesn't know how to trade.
456
00:25:50,199 --> 00:25:51,159
They're focusing.
457
00:25:51,159 --> 00:25:54,520
And most of are focusing on
the aspect of being right.
458
00:25:55,449 --> 00:25:58,480
And I'm telling you, you
don't need to be right.
459
00:25:59,949 --> 00:26:02,500
My objective was to see it go to 32 85.
460
00:26:04,030 --> 00:26:04,540
It didn't happen.
461
00:26:05,870 --> 00:26:06,920
It didn't, it didn't do it.
462
00:26:07,940 --> 00:26:14,600
So I started a demo account and put it
in, uh, my effects book last night, I
463
00:26:14,600 --> 00:26:19,700
used the realistic objective where I
think most people after they've invested
464
00:26:19,700 --> 00:26:23,180
the time in learning this, I'm sure
they could scratch up about $5,000.
465
00:26:23,210 --> 00:26:25,190
Now I don't have a way of
making a smaller balance now.
466
00:26:26,355 --> 00:26:27,345
There was no other options.
467
00:26:27,375 --> 00:26:28,754
So this is the lowest I could've made.
468
00:26:28,754 --> 00:26:29,835
It was $5,000.
469
00:26:30,285 --> 00:26:33,795
And I think that's, if we pulled
everybody and did a pool, no pool,
470
00:26:33,795 --> 00:26:37,185
but a poll, um, $5,000 is realistic.
471
00:26:37,275 --> 00:26:39,705
It's not asking a lot out of anybody.
472
00:26:41,010 --> 00:26:43,530
You know, they can,
somebody knows how to trade.
473
00:26:43,530 --> 00:26:45,060
It can scratch together $5,000.
474
00:26:45,060 --> 00:26:45,660
Let's put it that way.
475
00:26:46,380 --> 00:26:48,210
So I didn't make an a hundred
thousand dollar account.
476
00:26:48,210 --> 00:26:49,530
I didn't make it a million dollar account.
477
00:26:49,530 --> 00:26:50,220
Like some people do.
478
00:26:50,580 --> 00:26:51,840
It's a $5,000 account.
479
00:26:52,110 --> 00:26:57,360
And the exercise for this month is
to show a 6.6% return and to be able
480
00:26:57,360 --> 00:27:00,930
to look for one trade per week, that
gives us one and a half percent return.
481
00:27:01,800 --> 00:27:05,580
And I want to show you that doubling
your money every single year
482
00:27:05,730 --> 00:27:09,270
and making a compound to return
6% and finding just one second.
483
00:27:10,185 --> 00:27:11,774
And it doesn't have to be a barn burner.
484
00:27:11,774 --> 00:27:13,245
It doesn't have to be a thousand pips.
485
00:27:13,274 --> 00:27:13,695
Okay.
486
00:27:13,995 --> 00:27:18,284
You can go in, look at the calendar,
say, okay, there's going to be movement.
487
00:27:18,345 --> 00:27:20,835
Let me see where the volatility
most likely don't occur.
488
00:27:21,014 --> 00:27:21,345
Let me see.
489
00:27:21,345 --> 00:27:24,705
When we look quickly pulls rest, let
me see the conditions in the market.
490
00:27:25,095 --> 00:27:26,355
And then we're going to frame that move.
491
00:27:26,415 --> 00:27:27,405
We did that this morning.
492
00:27:28,004 --> 00:27:30,165
I did all that stuff in advance.
493
00:27:30,705 --> 00:27:32,445
I told you yesterday, I
was going to take a train.
494
00:27:33,074 --> 00:27:36,675
I was going to engage the market
myself and explained everything
495
00:27:36,675 --> 00:27:37,605
that I thought was going on.
496
00:27:39,255 --> 00:27:43,875
And guess what I was wrong.
497
00:27:45,345 --> 00:27:45,885
I was wrong.
498
00:27:46,605 --> 00:27:49,455
So did I, did I lose money?
499
00:27:51,705 --> 00:27:53,685
First of all, I can't lose money
because I'm teaching in the demo,
500
00:27:53,985 --> 00:27:59,235
but did I show a negative result for
my time and energy invested in this?
501
00:28:06,315 --> 00:28:07,185
Hang on one second.
502
00:28:12,645 --> 00:28:13,875
You're here to learn how to make money.
503
00:28:13,875 --> 00:28:18,375
That's I'm going to teach that to you, but
you need to get through some of the things
504
00:28:18,375 --> 00:28:22,315
that it's going to be a problem for you.
505
00:28:22,645 --> 00:28:23,575
And they're all internal.
506
00:28:24,055 --> 00:28:25,795
They're all you, not
me, not in the market.
507
00:28:25,795 --> 00:28:27,295
It's this you all right.
508
00:28:27,305 --> 00:28:31,865
Can you see the, uh, I shouldn't,
it should be able to see my
509
00:28:31,865 --> 00:28:34,715
effects book up on the screen now.
510
00:28:37,205 --> 00:28:37,595
Okay.
511
00:28:38,405 --> 00:28:42,125
I'm encouraging you all
to take a leap of faith.
512
00:28:42,395 --> 00:28:42,905
Okay.
513
00:28:44,345 --> 00:28:46,835
And create one on your
own with a demo account.
514
00:28:47,645 --> 00:28:51,185
And I know some of you are scared because
it's going to show a record of you goofing
515
00:28:51,185 --> 00:28:56,465
up and I'm going to tell you, that's
why you need to do it because it's going
516
00:28:56,465 --> 00:28:58,415
to highlight where your weaknesses are.
517
00:28:59,585 --> 00:29:00,034
Okay.
518
00:29:00,875 --> 00:29:06,939
I can tell you, even for someone that's
been trading more than 23, I have a
519
00:29:06,939 --> 00:29:12,760
hard time with my exits because I'm
so frigging demanding on perfection.
520
00:29:13,120 --> 00:29:14,260
I want to be right.
521
00:29:14,860 --> 00:29:16,240
I want to be right.
522
00:29:17,230 --> 00:29:23,139
So I have forced myself to understand
liquidity pools more than any
523
00:29:23,199 --> 00:29:25,060
other concept in my trading.
524
00:29:25,540 --> 00:29:26,590
I focus on that.
525
00:29:26,590 --> 00:29:28,149
That's where I do my exits.
526
00:29:29,230 --> 00:29:33,219
It's the only thing I've been
able to get me closest to.
527
00:29:35,400 --> 00:29:36,130
To look at it.
528
00:29:36,160 --> 00:29:38,590
Anybody else looking at it, they'd
be like, wow, that's amazing.
529
00:29:38,590 --> 00:29:39,430
I want to be able to do that.
530
00:29:39,640 --> 00:29:44,980
But to me as an individual that has
OCD, obsessive compulsive disorder, I
531
00:29:44,980 --> 00:29:48,070
require more, but you don't need more.
532
00:29:48,160 --> 00:29:54,230
I don't want you to look at what I do and
see this as you should be looking at this.
533
00:29:54,250 --> 00:29:57,500
And this is the objective for you.
534
00:29:57,530 --> 00:29:59,630
You won't know what your objective is.
535
00:29:59,810 --> 00:30:00,290
Okay.
536
00:30:00,380 --> 00:30:01,970
Until you do what you say.
537
00:30:03,135 --> 00:30:06,795
Once you get close to the market and you
see these things happen all the time.
538
00:30:07,455 --> 00:30:11,295
You'll define who you are as a trader,
where you're going to Excel at what
539
00:30:11,295 --> 00:30:14,055
timeframe, what specific trading setup.
540
00:30:14,085 --> 00:30:17,534
You'll see what it is that you're
going to hone in on as a particular, a
541
00:30:17,534 --> 00:30:19,485
particular condition in the marketplace.
542
00:30:19,665 --> 00:30:20,955
And you'll thrive in that.
543
00:30:21,585 --> 00:30:25,065
Now I'm going to give you about
12 different potential setups over
544
00:30:25,065 --> 00:30:26,205
the course of this mentorship.
545
00:30:26,774 --> 00:30:27,855
I'm promising you.
546
00:30:27,855 --> 00:30:29,205
You're going to fall in love with one.
547
00:30:30,195 --> 00:30:33,885
But if we do a poll and I intend to
do this in the 13th month where we're,
548
00:30:33,975 --> 00:30:35,355
you're not being charged anymore.
549
00:30:35,595 --> 00:30:38,774
And you're able to spend that last month
with me asking all kinds of questions,
550
00:30:39,135 --> 00:30:40,665
I'm going to, I'm going to put a poll up.
551
00:30:40,995 --> 00:30:41,385
Okay.
552
00:30:41,385 --> 00:30:46,365
And I'm going to ask everyone what trading
setup to everybody fall in love with.
553
00:30:46,784 --> 00:30:51,345
And I guarantee you, there
won't be a big buildup of one.
554
00:30:51,375 --> 00:30:53,715
It's all going to be spread across
the board where it's going to be
555
00:30:53,834 --> 00:30:55,245
pretty much an even distribution.
556
00:30:56,205 --> 00:30:56,865
I already know it's gonna.
557
00:30:58,035 --> 00:31:00,165
Because all of us are uniquely different.
558
00:31:00,645 --> 00:31:02,745
You're going to have a
different persona personality.
559
00:31:02,955 --> 00:31:04,995
You're all going to have a different view.
560
00:31:04,995 --> 00:31:06,765
Some of you are a natural contrarian.
561
00:31:06,795 --> 00:31:12,345
Like I am, I, I hate trend
following because it forces me to
562
00:31:12,345 --> 00:31:13,845
do what everyone else is doing.
563
00:31:14,505 --> 00:31:15,105
My nature.
564
00:31:15,285 --> 00:31:19,785
My nature is, if you tell me the sky
is blue, I'm finding justification
565
00:31:19,785 --> 00:31:20,925
for it to be other than blue.
566
00:31:21,465 --> 00:31:22,695
I just don't want to listen.
567
00:31:22,905 --> 00:31:25,215
I remember I'm a rebellious
person and I think.
568
00:31:27,270 --> 00:31:30,060
There's always some alternative,
uh, reason to everything.
569
00:31:30,930 --> 00:31:35,760
So by using a Maya effects book,
it's absolutely essential to you.
570
00:31:35,760 --> 00:31:40,590
As you're developing that, look into
the marketplace and your engagement
571
00:31:40,590 --> 00:31:44,780
to market trading, then you'll
see where you're messing up seed.
572
00:31:44,780 --> 00:31:48,030
The problem is, is when you don't
have a tool like this, you're only
573
00:31:48,030 --> 00:31:51,450
going to focus in on when you had
your demo trades that made money.
574
00:31:51,690 --> 00:31:53,760
And I mentioned this in
the very first video I did.
575
00:31:54,870 --> 00:31:58,500
You're worrying about what it
works and you're not focusing
576
00:31:58,500 --> 00:31:59,910
on what's the problems.
577
00:32:01,590 --> 00:32:06,810
So you have to understand where those
opportunities for correction are.
578
00:32:07,290 --> 00:32:10,800
And it's hard as a human being to
admit that we're messing up, but
579
00:32:10,800 --> 00:32:14,430
I'm going to tell you, you're going
to mess up every single trade,
580
00:32:15,420 --> 00:32:17,120
every single trade you make money.
581
00:32:18,315 --> 00:32:19,455
You're gonna, you're
going to mess that up.
582
00:32:19,875 --> 00:32:21,225
You're going to wish you held more.
583
00:32:21,915 --> 00:32:23,655
You're gonna wish you
bought more sold more.
584
00:32:23,775 --> 00:32:26,295
You're going to wish you got in
earlier or at a different price.
585
00:32:26,325 --> 00:32:27,645
You're never going to get it right.
586
00:32:27,855 --> 00:32:28,935
It's never going to be right.
587
00:32:29,325 --> 00:32:32,655
So know that going in that you're
not going to be perfect and you
588
00:32:32,655 --> 00:32:34,185
don't need perfect to make money.
589
00:32:35,085 --> 00:32:36,015
That's why you're here.
590
00:32:36,015 --> 00:32:37,005
That's why you're trading.
591
00:32:37,185 --> 00:32:38,565
You're not in here to child look smart.
592
00:32:40,005 --> 00:32:44,055
You're in here to make money, to
change your lifestyle, to do something
593
00:32:44,055 --> 00:32:45,345
better than you already have right now.
594
00:32:47,970 --> 00:32:51,840
When you create a minor effects
book and you practice, okay.
595
00:32:52,230 --> 00:32:56,100
When you go in, you can do something like
this, you go and click on the browser part
596
00:32:57,330 --> 00:32:59,610
and you go to the pair that you traded.
597
00:32:59,760 --> 00:33:02,880
And I did only the, uh, what was it?
598
00:33:03,300 --> 00:33:04,470
The Canada dollar cat.
599
00:33:06,540 --> 00:33:06,900
Okay.
600
00:33:06,900 --> 00:33:11,640
And it gives you a way of looking
at it and you can see, and judge,
601
00:33:12,600 --> 00:33:15,570
you can kick, you can screen capture
it and do what you gotta do though.
602
00:33:29,705 --> 00:33:30,215
Good grief.
603
00:33:33,415 --> 00:33:33,925
There it is.
604
00:33:34,735 --> 00:33:35,635
That's what I wanted to do.
605
00:33:37,945 --> 00:33:40,975
So you can see buying it.
606
00:33:42,225 --> 00:33:42,675
Okay.
607
00:33:42,765 --> 00:33:44,595
As price dip down into this down candle.
608
00:33:44,625 --> 00:33:45,195
That's what I did.
609
00:33:45,195 --> 00:33:48,015
I actually cued it on that with
the expectation that we were going
610
00:33:48,015 --> 00:33:49,395
to see expansion on the upside,
611
00:33:52,805 --> 00:33:54,755
the Phil, I think I got it.
612
00:33:54,755 --> 00:33:55,145
30.
613
00:33:55,225 --> 00:34:00,985
I got 32 30 if I'm not mistaken,
but we'll look at the, uh, the
614
00:34:00,985 --> 00:34:08,825
information on the, um, the empty four
platform as well, but the trade good.
615
00:34:16,654 --> 00:34:16,745
Okay.
616
00:34:22,094 --> 00:34:25,185
I collapsed up first portion
of the profit, as soon as we
617
00:34:25,185 --> 00:34:26,834
got above that double high.
618
00:34:27,404 --> 00:34:28,995
That's what this little movement here is.
619
00:34:29,064 --> 00:34:30,194
I was collapsing there.
620
00:34:30,645 --> 00:34:32,205
I was taking profit again.
621
00:34:32,415 --> 00:34:37,094
Once we got above that 32, 27
level, when it showed a 32.
622
00:34:38,665 --> 00:34:41,605
30 to 30 was my fill.
623
00:34:41,935 --> 00:34:44,125
I didn't see it print 32 32.
624
00:34:44,574 --> 00:34:47,995
I was out the door at that time
and I tweeted that I was going to
625
00:34:47,995 --> 00:34:51,324
jam my stop up to lock in 12 pips
because there's a time of the day.
626
00:34:51,714 --> 00:34:52,795
And that's what this is here.
627
00:34:53,154 --> 00:34:55,734
That's the reason why I was
taking profit on the down candle.
628
00:34:56,335 --> 00:34:58,254
You do not want to take profits.
629
00:34:58,674 --> 00:34:59,185
Okay.
630
00:34:59,815 --> 00:35:00,504
Unless the stock.
631
00:35:01,779 --> 00:35:05,140
Well movements down or retracements
you always want to train
632
00:35:05,140 --> 00:35:07,569
yourself to take profits as the
market's moving in your favor.
633
00:35:08,500 --> 00:35:09,370
You have to do that.
634
00:35:10,689 --> 00:35:11,770
That's what the banks do.
635
00:35:12,040 --> 00:35:13,270
That's what market makers do.
636
00:35:13,450 --> 00:35:14,830
That's what the institutions do.
637
00:35:15,009 --> 00:35:17,020
If you don't do that,
you're going to regret it.
638
00:35:18,189 --> 00:35:22,180
I was wrong on my analysis today,
but because of my understanding
639
00:35:22,180 --> 00:35:24,879
of where liquidity is, and there
was room enough to get paid.
640
00:35:25,479 --> 00:35:25,720
Okay.
641
00:35:25,720 --> 00:35:26,799
That's all I was looking for.
642
00:35:27,459 --> 00:35:28,390
I showed you today.
643
00:35:29,430 --> 00:35:32,970
With an example, it's in my effects
book, you can see it's all here.
644
00:35:33,420 --> 00:35:36,330
I mean, I'm, I, I can't, I can't
manipulate any of this stuff.
645
00:35:36,360 --> 00:35:36,840
It's there.
646
00:35:40,390 --> 00:35:40,750
Okay.
647
00:35:41,500 --> 00:35:43,810
The, the account is ICT mentor ship.
648
00:35:45,130 --> 00:35:47,890
I don't want it shared with people
because all they're going to do
649
00:35:47,890 --> 00:35:48,610
is they're going to come in here.
650
00:35:49,984 --> 00:35:52,234
And create some kind of a playground.
651
00:35:52,415 --> 00:35:55,145
And I don't, I don't want to
entertain anybody with that afterward.
652
00:35:55,145 --> 00:35:57,245
None of the mentorship, you
know, I can share that stuff.
653
00:35:57,305 --> 00:35:57,575
Okay.
654
00:35:57,575 --> 00:36:00,545
But this is just for everyone's
benefit while we're here,
655
00:36:01,384 --> 00:36:04,115
y'all want to see, uh, trades.
656
00:36:04,115 --> 00:36:06,964
You want to see the ability of trading
my track, record, all that stuff.
657
00:36:07,654 --> 00:36:09,515
I'm going to teach you the concepts.
658
00:36:09,605 --> 00:36:13,265
Then I'm going to apply it to, to
the charts I did this yesterday.
659
00:36:13,265 --> 00:36:14,765
I told you what we would be doing.
660
00:36:15,575 --> 00:36:17,765
I told you that we would be
looking for one and a half.
661
00:36:18,600 --> 00:36:21,750
For the week and you only
need one trade and you don't
662
00:36:21,750 --> 00:36:22,770
need a whole lot of movement.
663
00:36:22,810 --> 00:36:25,860
Was that not explained to you
in the presentation on Monday?
664
00:36:36,210 --> 00:36:40,860
So if I'm going to educate you and
I'm going to teach you, I'm going
665
00:36:40,860 --> 00:36:42,840
to teach you in the same capacity.
666
00:36:42,840 --> 00:36:45,480
I'm asking you to do the
same things in my education.
667
00:36:46,515 --> 00:36:48,705
These are all just beginning basis points.
668
00:36:48,705 --> 00:36:52,035
This is not how you're going to trade
every day, but I have to give you an
669
00:36:52,035 --> 00:36:54,015
objective to start with that's realistic.
670
00:36:54,435 --> 00:36:58,335
And I can't, I can't come up with any more
realistic than what I'm showing you here.
671
00:36:59,325 --> 00:37:02,475
It didn't require a lot of
movement we've already identified.
672
00:37:02,535 --> 00:37:04,095
Let me go back to the, um, chart now.
673
00:37:04,545 --> 00:37:06,585
I mean, we're satisfied with
this, my effects book, right.
674
00:37:07,455 --> 00:37:09,525
And I don't need to show does anybody
else need to see anything with this
675
00:37:09,855 --> 00:37:10,935
before I'd go back to the charts.
676
00:37:15,550 --> 00:37:15,880
Okay.
677
00:37:16,690 --> 00:37:17,110
So
678
00:37:22,180 --> 00:37:25,510
the struggle is going to
be for you as a new trader.
679
00:37:25,720 --> 00:37:26,200
Okay.
680
00:37:26,620 --> 00:37:30,990
What's going to happen is one.
681
00:37:31,110 --> 00:37:36,510
It was one half of one standard
was five mini lots, five mini
682
00:37:36,510 --> 00:37:39,330
lots with a, uh, a hundred Pitt.
683
00:37:39,390 --> 00:37:41,850
I was a hundred paper risk, 2% risk.
684
00:37:48,985 --> 00:37:57,445
So, if we look at the history over here,
you can actually see the details here.
685
00:37:58,285 --> 00:38:02,305
What long at 1 30, 1 99, I was
aiming for 1 30, 2 big figure.
686
00:38:02,365 --> 00:38:03,955
I got a little bit better pricing there.
687
00:38:04,525 --> 00:38:06,805
That was a stop-out banking.
688
00:38:06,845 --> 00:38:08,455
Uh, the 12 pips on the bank.
689
00:38:10,720 --> 00:38:11,200
Together.
690
00:38:11,200 --> 00:38:15,100
It was one half of one
standard lot or five mini lots.
691
00:38:16,940 --> 00:38:18,020
Uh, where are we at here?
692
00:38:19,200 --> 00:38:25,069
Stop loss was, uh, here 31 89.
693
00:38:29,845 --> 00:38:32,395
And here's the two, there's
the three, uh, results.
694
00:38:32,575 --> 00:38:33,025
Okay.
695
00:38:33,174 --> 00:38:36,205
Coming up with like 87 bucks or
whatever it is, wherever that
696
00:38:36,205 --> 00:38:39,055
traded, whatever $87 and 71 cents.
697
00:38:39,504 --> 00:38:40,855
So just shot 2%.
698
00:38:42,205 --> 00:38:44,484
Now, 2% return.
699
00:38:45,415 --> 00:38:49,315
Last time I checked is a better
return than one and half percent.
700
00:38:49,915 --> 00:38:53,095
I don't know where you guys took math
at, but I mean, from where I'm from,
701
00:38:53,424 --> 00:38:54,535
that's better than one and a half.
702
00:38:58,095 --> 00:39:02,195
If you were just doing this one time per
week, and this is part of the exercise for
703
00:39:02,205 --> 00:39:07,485
this entire month, that's what I want you
to submit, to taking one trade, forcing
704
00:39:07,485 --> 00:39:11,185
yourself, to find that one and a half
percent, and then don't do anything else.
705
00:39:11,205 --> 00:39:14,475
Now that doesn't mean you can't
practice, but it just means that you
706
00:39:14,475 --> 00:39:18,435
can't have expectations of doing any
more trading because you hit your head.
707
00:39:19,885 --> 00:39:23,005
Because I'm going to put the bed, all
these ideas that other people tell you
708
00:39:23,215 --> 00:39:27,115
don't have objectives and don't have
forecasts in terms of your return.
709
00:39:27,385 --> 00:39:29,065
If you don't do that,
you're going to fail.
710
00:39:30,625 --> 00:39:31,855
You have to have a target.
711
00:39:32,545 --> 00:39:35,125
If you don't have a target and
you're going to have no direction.
712
00:39:35,125 --> 00:39:38,035
And what's the trade-in you,
we won't know how to get out.
713
00:39:38,455 --> 00:39:40,705
You don't know how you won't know
how long to hold on to something.
714
00:39:42,445 --> 00:39:46,825
And these are so easy to
find every single trading.
58877
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