All language subtitles for 2022 ICT Mentorship Episode 1 @smcfxsubtitles

All right.

Good. How you doing?

He's doing well.

And this is just a kind of like a prep
to get your mind

set correct on what's coming in
two days on the YouTube channel.

And what I'm seeing going forward

that obviously you are

familiar with my moniker.

I've dubbed myself the demo baller
And I've always thought

through the medium of a demo account
for my own protection.

And I've had students come into my fold

in question whether or not it was

something that could work in live accounts
because they themselves

couldn't
make it work in either a demo or machine,

because either they could not find it
in themselves to submit

to the process and the time required
for their own individual development, or

they rushed and did things foolishly

outside of the instructions
that I provide in mentoring.

So there's a

small faction of

individuals on the Internet that believe

that these things
that I teach don't work in a live account.

And it's never really been

an interest in me, really, to see people

fall over me and believe everything I say.

I've challenged everyone
to put the things I teach to test,

see if the things I'm teaching.

You are, in fact, in the marketplace.

Do they deliver

More times than not.

Does it provide you a way of finding
consistency over a week?

Not every single day.

Perfection, because I can't provide that.

I don't even trade perfectly like that.

A new tutor can or teacher can provide
hundred percent accuracy.

But the way I teach
and the way you'll see me mentoring

on this channel in two days is I take the.

OK, all of you that are not trading yet
or have tried trading and failed,

you're yearning to learn how to do this.

OK, so I'm teaching with that mindset.

Now, some of you
obviously may have already been with me

and found some consistency and so on,
but you're doing exceedingly well

and that's amazing as green.

I'm thankful for all of that.

But this is really meant for

specifically, it's for my daughter.

OK, so I sat down and figured
I'd kill two birds with one stone.

And if I can show a simplistic way
of going in using the things that I teach,

stripping it down to its crumb tank, no

bells and whistles,
no advanced theories, anything like that,

what can I do to provide

a model that my daughter could look at?

And say, OK,
there's not a lot of moving parts?

It's real simple

for me to decide what it is I want to do
and also when not to do something.

OK, and

some of you may already be

completely upset with that idea
because you want me to come out here

in light
an arsenal in your hands of high tech

weaponry

It's been my experience

that the highest form of analysis concepts

that I've been teaching
in my personal mentorship

many times creates exceptional traders.

Yes, but the majority of them

and them being my students

they get bogged down in all of the content
and it just creates

analysis, paralysis,
and it's just too many things for them

to decide because like the candy store,
you know what you eat first

and while you're

still chewing on the first thing,
what are you going to reach for next?

OK, so if you don't have discipline
and this is a personal responsibility

characteristic
that all of you are going to have to

really assume, OK, because

I can lay the things in your hands, but

if you don't respect the fact
that they have sharp edges,

OK, or if you use live ammunition

before you're really properly trained,
you could hurt yourself.

OK, So

with that idea in mind,

I'll be teaching a stripped down
version of

my concepts in a mentorship style.

So that way you can go through the process
of learning

how to do a specific cheating model
and I'll keep things

germane to that model,
not trying to bring in too many things.

And one of the approaches
is to trade it with index futures.

OK, and if you are not interested
in trading futures, that's fine.

You can still trade forex
with these concepts as well.

But I kind of want to drive it
with futures.

I actually began trading in 1992
as a commodity futures trader

and I moved away from grains and cattle
and gold

silver, crude oil,
all those types of markets and moved into

the bond market.

The three year treasury bond and the S&P
so when that

became my cup of tea, if you will,

I became a better trader intraday

and I put down the pursuit of trying to be
a long term position trader

because I thought

that that would be the best thing for me
because at the time I was working a job

and had to balance all those things
like working class individuals

needed to commute back and forth to work
and those types of things.

So I figured position
trading would be the thing for me.

And I found out
that it didn't work for me.

OK, so I liked the idea of short term
trading, intraday trading.

It made sense to me
because I can make quick decisions

that may not be your style trading.

I will teach you how to apply
the things I'm going to teach

you on

the YouTube channel, how
you can scale that up into any time frame.

So that way there's no excuse for you
not to be able

to use the information to at least better
your understanding and price action.

OK, so here's my promises to you.

I promise
you, you're going to learn things.

The absolute we repeat a lot.

You are not going to be perfect.

It's not my goal to make you a perfect
trader.

It's not my goal
to make you a perfect analyst.

My goal is to improve your understanding
about price action,

how price is delivered,

and how to read the bias on intraday

basis, a daily basis,
and hopefully over a short term

period of time, you can find setups
that repeat and they have common

characteristics that are very similar,
but they won't be identical, they won't be

carbon

copies, but you'll see similarities
that to know

and trust that this is a setup
that you are familiar with, OK,

and because you are all being viewed

as your winners, you are all yearning
to learn how to do this.

There's three stages
in this YouTube mentorship.

OK, I'm treating you all as

greenhorns, OK?

You're just learning to do this.

A lot of you that begin this YouTube
mentorship will not complete it

because you're going to get frustrated
because you want something else

or a alternative,
a way of me teaching it to you.

I'm not going to take suggestions from
anybody on how to teach it differently.

This is the way I'm going to teach it.

So it's as is

it will not be set ups given to you

for trades, but I will take your attention
before the fact and draw them

out on a chart

where I want you to study
where price will likely draw to next.

And using the things I teach you
conceptually, it's your job to study that.

OK, do not look at that as a trade set up.

Do not look at that
as a enticement to take a live trade.

So it's my intentions

to take the years that want to learn
how to do this

through a process
of becoming structured learners.

So you go from yearning to learning
and hopefully

at your discretion and timing
you'll become an earner.

OK, so you're inner learner,

OK, OK, so those three stages

are what I'm going to take you through.

It's not going to be an entire year
mentorship amongst

you do probably three or four months.

But before we get into it,
I want you to know that

I will not be providing
any content to the YouTube channel or

my own personal
mentorship during the month of March.

OK, so March 20, 22,
I will not be doing anything.

I'll be on vacation and we're going to be
doing several road trips,

so I will not be

working for you.

OK, so if you can accept that,

then I think over the next coming months
it should be rather entertaining.

And interesting for you is a student,

so you're looking at this screen here
and one of the things I promised

I would do in 20, 22 is to show you
how some of these concepts

would work in an environment
outside of a demo account.

I've always used the moniker

demo baller because that's my name

I gave myself that to kind of like

Champion,
the idea that I'm teaching through a demo.

But if I can teach you through a demo
and things are repeating,

you can see your charts, OK,
whether it's a live platform

or if it's a demo,
you're seeing the things that I teach.

And if you've been fortunate enough
to be in my presence when I'm calling

beforehand,
it's very rewarding in you all.

And you too
will have those experiences as well.

But the main thing is for you

not to grow dependency on me,
pointing to everything before it happens,

because if you do that or if you have that
mindset going in, it's going

to stunt your growth and in fact, it's
going to create a barrier for you

because it will create
a co-dependency state of mind.

And I don't want that.

I try to foster a independent mindset
where you're independently coming

to the decisions on your own
so that way the results are yours.

If it's success, you own it.

If you failed, you own that too.

I can't co-sign for your failure,
and some of you absolutely will fail

I said this many times openly,
and every time I've been asked in 2016

I started a paid mentorship

and I have students from that time period
that are still trying to find their way

and they cannot make these things
work for themselves.

I have other students from 2016
that are absolutely mind blowing results

and I have students from my mentorship
group that was the final class in 2021.

I'm not taking new enrolments so don't ask

that group.

I have
trainers that are doing very well as well

so it's not a shortcoming on
what is they're being taught.

It's just an individual unique experience
that you have to grow and go through

and I can't speed it up for you
any more than I already done.

So I'm optimistic, but I'm a realist.

I knew song you simply will not do
the things I ask you to do.

You will not do them effectively
and you'll try to short

cut certain things and you'll think that
you don't need to do this and not do that.

And your results will be

reduced

because of that.

So if I suggest things to you,
drills, homework,

things to study,

do your best to participate in that, OK?

And even if you can't do it live,

you know there's other ways to go through
and look at.

It's not the same as seeing it live.

But it's the best you can do
because some of you have businesses,

some of you have school jobs.

You have to be real
and you may have family things that keep

you also from being able
to watch live leader in the times.

I'm asking you to do it.

I'm not going to jump through hoops.

I'm not going to do acrobatics to make you
feasible for every single one of you.

OK, it's unrealistic for you,
any of you, to have that expectation of me

because I don't need to be doing this.

I love doing it.
I'm looking forward to doing it.

But I want to make sure
all of you have the right mindset. OK,

so in 20, 22
I promised that you would see how these

concepts work

in an environment
outside of a demo account.

And what would that mean?

Well, it would mean not well,

not an empty four platform
because years ago it's been shown

how frauds and fakes can use that platform
to pretend

that they're profitable,

that they can find setups
and that their trading is amazing,

and they can go in and edit their trades

after the fact,
after the markets are removed.

Well, I've already proven that
I don't do those types of things.

And I went to Trading View, and that was
the platform that I asked my community,

so which which platform should I use
if I'm going away from empty for?

I want to go to a platform
that's reputable.

So I teach and you'll see me
teaching through treating you.

So that's the medium that we use.

It's familiar to me because I'm teaching
mentorship students through that,

but if that's not your platform of choice,

you're just going to have to get
used to me teaching through that medium

because I'm not going to do something
in addition to OK,

but for a live account, I felt that

TD Ameritrade is very reputable

and that is regulated by the Commodity

Futures Trading Commission
and all of the other governing bodies.

I cannot rig this
to make it look like I'm smarter, OK?

I can't go back in and change a trade.

I can't fix it, OK?

I can't add lipstick to it.

OK? It either is
or isn't a profitable trade.

OK, it's simple as that.

TD Ameritrade uses

the margins

that are accepted
and established in the industry

and some of you may not be

able to trade in market because of margin
don't let that be a hindrance.

I'll show you how to work around that
in other platforms.

Why not personally use an empty
for account

for teaching or or trading life funds
or anything like that?

I'm confident

that students that are trying to learn
how to do this, they can still use

empty four or five or any other platform
for that matter.

I, as an educator,
no moved away from those platforms

because they can be gained OK,
in other words, they can be used to fraud

and fake results.

OK, so in trading you
you've seen examples after examples

of me going in, recording an entry,
calling the moves

as it happens without the replay button,
because replay doesn't let you do

trade entries, OK, and replay
only shows you a completed candlestick.

It doesn't show you
the generation of the open all the price

action up and down to the close
of every individual candlestick. So

I've had a

lot of
folks over the years asked me to show

live account, show, live account,
show, live account

and one of the things that kept me

from wanting to do it
is because if I show results of any time

right away
and this is how I viewed it to a

as a developing student in 1990s
that made me feel like

I'm never going to get it
because their results were way above

what I could do
as a learning developing student.

I had no idea what I was doing in 1992,
but to see people say

I need $50,000 in the soybean market, OK,

or I need $80,000 in coffee,

well that to me

was a very huge mountain decline.

Like I have to do that.

It just felt impossible.

But I also didn't want to give results
that were so low end

that it didn't inspire an interest
in having people want to learn it.

So because this business
is extremely unique and personal,

it's both the easiest thing you'll ever do
and sometimes

for many of you is the most
impossible thing to be successful at.

And it sounds like an oxymoron.

It sounds like double talk.

And it is, but it isn't.

How's that for Unreal?

You can't appreciate how difficult it is.

And to start treatment my funds.

But before you start treatment
my funds in your in the consistently,

quote unquote profitable demo
trading stage,

you feel like you could do anything

but something magical happens
when you go into a lot account where now

suddenly every little
tick means something to you

because it means success or failure.

On an individual basis.

Whereas if you lose in a demo account,
you didn't really lose anything.

You can take another image trade,
but with live account trading

you have to deal with that drawdown
and that loss.

And making money in an account
is sometimes worse than losing money

because it'll make you feel like
you want another taste of that,

and it creates opportunities for you
to go in to retreat and or over leverage.

And both of those things
we'll talk about in the two mentorship

how to avoid some of those things,

but it's up to you to avoid them, and

it takes a lot of ownership personally.

And the responsibility
that is required to do this is paramount.

You cannot have anybody else

take responsibility for your actions
it's your actions.

And if you do well, you earned it.

If you don't do well,
you you have to eat it, OK?

It's the way it is.

And too many people are weak
minded in this world

that they will never become successful
traders, no matter who teaches them what,

whatever thing they use,
they're going to be a failure.

OK, that's just the way it is.

And there's no way around that.

I can't fix and improve everyone's
shortcomings.

I have my own personal issues
that I fight and wrestle with internally.

And it's not easy.

Like I'm obsessively compulsive
and I have A.D.D.

It's all these things, OK, that

make it difficult for me and I'm bipolar.

I have a lot of mental barriers,
but if I can sit down

and frame out an idea
that repeats at least once a week,

I'm confident
that those individuals out there

that are like me or without
these barriers can do it as well.

That's my personal belief.
It doesn't make it fact.

It doesn't make it true.
It just means that's my belief.

And I've seen

case studies in my own students
where that's true it's a transferable

skill, but the skill must be

honed by you, the student.

So anyway,
I promised I would show some results

in 20, 20 to outside of a demo account.

So I used TD Ameritrade, but years ago
I was asked to show a regulated broker

non-empty form and I felt that TD

Ameritrade was a better choice

outside of the standard forex
account brokers because

with td ameritrade, you can trade forex,
you can trade futures, you can trade

commodities stocks options,
you can bonds up everything out there.

You can treat it. OK, so

eventually,
over time, if you do become successful

when you're profitable,

you want to go with a broker that allows
you to have access to all those vehicles

because there are certain
times of the year

certain asset classes
just aren't going to do very well.

But others will in this type of broker
and I'm not repping TD Ameritrade.

I don't get anything for it.

I'm not a introducing broker.

I'm just saying
that when I'm showing results

in an account that is not demo,
this is the broker

that I deposited the funds with.

So that way we know what I'm saying here.

I'm not telling you to go here
and trade OK?

I have only traded a few trades
with this broker, but I can tell you

their sales are immediate
the confirmations are solid.

I haven't had any problems technically.

It's just I'm fumbling with the
layouts the way things are

made available
to me because it's like anything else

and I'm transitions
from empty for teaching from that,

being very comfortable with that, going in
to trading view and it's very cumbersome

and I'm still clumsy with it
when I'm teaching

and I'm finding it a little bit
cumbersome here.

As well because I just don't know
where they have certain things.

I don't know how to make the charts

scalable space I want them to be in.

Like I'm used to doing it with Trade
Station or Trading View or empty for.

So it's a learning process, but it doesn't
change the fact that if you know

how to trade, then the trades are easy
so I keep everything very simple.

You know, I use limits in markets

to get in, in I just collapse the trade
when it gets to a target of my choice. So

that's all I'm showing you here today.

It's just to show you
that things I'm going to be showing you

are applicable on paper and in demo.

And the same logic is used here.

And while this is not a lot of money,
it's only $23,694

and in sense, it's not

something to brag about,
let's just put it that way.

But it's something that's not demo, it's

something that won't stay at that level.

And my objective is to teach conceptually

a hypothetical income based strategy.

OK, it's
not a trying to beat the World Cup, OK?

It's not trying to do better
than every Instagram trader out there.

It's just trying to teach
how someone can take another opportunity.

And hopefully in the best case scenario

and I can't guarantee
or promise it to you,

but I'm going to certainly do my best
to do what I know and how I can teach it.

So that way you can be at least inspired
to make an attempt to try OK?

And because I believe

that things are about to get really,
really hard for everyone financially

and without going into great detail,
just look around the world

you know what I'm talking about. But

this is the

Imani S&P March delivery contract
for 2022, OK?

And it's a two minute chart

and I want you to see the point of entry
here.

This is a short tuck

and the cover was here

and another one here small little scalp

and here

and then

here I'm showing you
so that way you can see there was an there

trades after that short

or too short rather you mean today
I slept in

and I just want to have something
in addition to what

I have here

this is kind of like one of the setups
that you're going to learn

in the mentorship

where is the entries here

and exits here.

OK not a lot of handles to handle

would be like 4567 to 4568

so that's four ticks
or one for handle in this market.

It's $50 per handle or per four ticks.

So everyone tick is $12.50

above this high

is my stamps and I was targeting
that here, running into that.

OK, so very simple strategy,

optimal trade entry,
you don't need to get in at this level

here, OK, I'm going to teach you
how to have forgiving entries.

You don't need to be highly precise
about your entries, but you need to be

precise about the selection bias
and where it's going.

OK, where's price reaching for?

And that's kind of like
what I'm showing you in this mentorship

on the YouTube channel.

So if I have

at least

given you the opportunity

to find set ups conceptually,

if that's the case, then

over time, if you submit yourself to it,

you'll find more set ups than you'd ever

imagine because there are a lot
of these lower time frames.

So in a nutshell, what am I saying here?

I'm saying that if you can learn
how to take 25 handles, OK,

you can take 25 handles out of a market
like the S&P,

you may not have the margin

12, $13,000 or whatever it is to trade
one contract of this market.

You don't need to have that.

You can trade the micros in while you're
not making $50 per handle on e mini S&P.

You mean can $5 per handle you can still
graduate over time and build that up.

And it's not a lot of initial margin
that's required to do that.

Or if you're outside the U.S.,

you can trade a CFD and trade the U.S.

500 market through like a MT4 account.

And again

I'm just going to touch on that.

I'm not suggesting that you should ask
those individuals in the States

because it's actually illegal
for you to trade that

because it doesn't go through

a regulated and extreme exchange
like a futures market would.

So that makes it illegal for U.S.

traders to do that.

So we have to in the U.S.

trade through the futures market,
and they have been nice enough to provide

micro accounts for vehicles like the S&P.

In the Nasdaq, they have micro accounts.

So whatever the multiplier
would be on the regular mini,

it's just reduced to a smaller level

in terms of margin and tic value.

And I'll cover all that stuff.

It's I've made it very, very simple,
or at least that's been the goal I'm

having going into this and make it very,
very simple for all of you to look at it,

say, OK, I don't have to have a thousand
moving parts.

I can go in and simply
look at things that make sense.

And if you can visually understand
what it is I'm teaching,

you'll see that doesn't require
a lot of sharp graffiti.

OK, things that are very distracting.

Do you look at this chart here and see
a lot of things that would be mysterious?

Very simple little things.

I'll draw a line to highlight
a level that I want to see breached,

OK, and a level
where I want to see it reach up into.

And that's the basis of understanding how

the markets work
within a liquidity matrix.

You have buy side and sell side.

And once you have that understanding
and I'll teach some of those things in

the mentorship,

you'll be able to find

setups that repeat
at least one good set up a week.

But if you can find 25 handles a week

in the emerging market,

you can do very, very well with that very,
very well.

You don't need to hit homeruns.

And here's
my inspiration to you in closing

if we're looking at a market
that provides us setups

and let's just say your mortgage
or your rent

is say 5000 not it may not be that much,
it may be actually more than that.

I'm going to say,
let's just say it's 1500 dollars.

What happens
if you can earn enough to make 50%

or all of that a month going forward?

Would that not be beneficial to you?

That's the mindset I want you all to have.

Or let's say you have a car and your car
payment and your car insurance.

If you could find a way to have that money

come to
you by your own speculation over time.

Not right away.

I'm not suggesting all of you
are going to do this in the same year,

but over time, if you submit
to the process, I outline for you

my belief is my personal belief.

My honest opinion is
I believe that it is possible.

Now anyone can say, Oh, anything's
possible, but I believe the things

I'm going to show you are things
that you'll be able to spot on your own.

Now, I'm going to coach you
throughout the coming months,

showing you
where certain things may deliver,

but I don't want you to feel like
you need that.

So I'll teach you how to anticipate
certain things on your own.

Any check yourself with the things
I reveal or do or review with

in my

belief
is that you'll be better at reading price

when I'm done doing this
YouTube mentorship.

And again, I don't think I'm going to be
doing more than four months,

and that four months is actually
including the month of March

where nothing,
nothing, nothing's getting uploaded,

nothing in my private mentorship
or on YouTube.

So I will be vacationing
that entire month.

So I'll be doing those things
during the month of March.

And then in April
I'll return back to the mentor

that I am in my private mentorship,
and I'll return

back to the delivery of the lessons
on the YouTube channel.

So what does the schedule look like

for this mentorship on YouTube?

Obviously,
Friday will be your first episode

and then it'll be a
Tuesday and Thursday upload.

There will be

assignments and PDF files

provided for your learning

throughout the week.

I'm not promising
any specific schedule on that,

but you may see them
if you go to my community tab,

I'm providing a way for you
to get to the information and download it.

And I think that if you submit to this

you'll be far
better than you are right now

about reading Price,
expecting certain things to deliver

and you'll find that it's not it's
challenging when you have a good mentor

and you have sound logic
and it's not overcomplicated.

And that's my goal going in.

And until I talk
to you on Friday, be safe.