All language subtitles for 1. Parabellumbr

right or wrong time to do this
you know it's going to depend

third phase which is kind of
pure back testing. So, this is

refinements to your plan and
your overall edge you before

help you go through your data
and just put those extra

remaining areas in your
approach you know and I can

refine it first before you
start trying to execute it in

essentially so you're just
trying to kind of practice in

before you really have a good
understanding of of your plan

of already want to have a plan
that you are very happy and

of you executing your plan and
just getting more experience

picking up on before. And then
finally you'll be ready for the

data to look for tweaks and
improvements to your plan if

confident in and now you're
kind of using back testing just

things better or try and you
know learn any things or spot

why we do this last is this
stage can be quite hard. So,

as I've done my trading day for
the day. At the end of the day

at you know the end of the
trading week you'll go back

potentially avoided any losses
you know things like that now I

way to manage those trades and
maybe how could you could have

capitalized on that potentially
you know and what was the best

testing is really good for
testing your actual skill set

how you can perform each of
these steps so you will develop

or you know a month's worth of
markups before you start to try

those three stages you will
feel comfortable to start demo

that makes sense. Um so when
you are back testing you kind

actually had enough time to to
really test your plan and

to practice executing it kind
of without risk money

strategy and ideally have a
very solid and refined trading

proven with your case studies
and forward testing with your

you need to have an extremely
good understanding of your

daily and weekly markups. So in
my opinion you know back

time and then you will slowly
play it forward so you are

live market then this will also
be you know a really good stage

training. Okay so that's
essentially the outline of the

course of the next few lessons
we're going to look at exactly

next phase of your journey, the
testing phase. So over the

and cover what you're trying to
do and you know before you've

guideline I would say that you
need at least 20 case studies

that simulated environment
right now at some point during

where you are looking at live
price action and in a way

essentially where you will
replay price back to a certain

or or the full trading day or
if you're a swing trader maybe

through that day or that week's
price action and again you will

understand you know why did
price move the way that it did

ones that just end up, you
know, fading away with time.

and it very likely will not be
effective when you are first

start forward testing now
forward testing is essentially

any patterns that you know
potentially I haven't been

don't bother executing the task
at hand at all but on the flip

fact actually have a D edge and
of course you will be refining

Um I I really think it's the
best way to kind of build that

and you're essentially going to
be doing this for kind of the

effectively by making those
observations every single day.

sixth sense of anticipating
price moves before they happen

or even remove from your plan
and you're just going to

you will write up a full trade
recap so I could trade review

personally find this way to be
an extremely effective way of

just jumping into the deep end
with pure bat testing straight

the trade played out see the
different ways that you could

see how you could've you know
how could you have traded that

as if you had actually taken
and executed that trade.

plan and to quite quickly see,
you know, maybe any rules that

the chart on on all of the
relevant time frames and then

you're sort of trading it but
not live because you're just

away because this can be
extremely hard and overwhelming

your plan as you are going
along so you'll be ready to

going to look for your entry
model you're going to see how

you can whack on your risk
reward tool to see how the

plan at this point that you,
you know, you really understand

a really solid trade plan and
develop that extreme confidence

it's too easy, then we're in
the tail on the left-hand side

can essentially just reengineer
and deconstruct that move to

progression if you kind of dive
in trying to trade it too early

going to look on the chart of
the pair that you trade

right-hand side and it will
start to feel overwhelming and

good intentions in the world to
do something but if it's just

with it rather than necessarily
you know collecting hardcore

straight away are building a
collection of examples where

a challenge but only if it
within an optimal zone of

you're starting to prove to
yourself that your plan does in

and trade it because I just
think you can just end up

are just enough victories to
keep you motivated but it's

your equal. As the game
progresses, you win a few

to consider any one-on-one
coaching sessions just if you

and to quickly get experience
with your strategy and your

Anywhere on that curve that is
outside of that worry zone is

Basically, this is just a
really effective way to test

if you're looking at the four
hour chart you're going to

then the anxiety will just
become too great and again, we

points and you lose a few. You
have a good chance of winning

have written down you've got in
your plan it doesn't actually

manageable difficulty. Why is
that? Well, the Goldilocks rule

obviously and you would start
looking at the higher time

they entail now. So the first
stage is building out your case

right because you're going to
see all of the price action and

need adjusting or or or even
rules that you need to add into

abilities. Not too hard, not
too easy but just right. If

trading alongside your testing
there isn't really any sort of

feel like you need some help
correcting any you know

have managed it with the
benefit of perfect hindside

I've split up the testing phase
into three separate stages or

knocking your confidence and
just slowing your overall

you're then ready to start the
next phase of tackling live

highs right and then you will
dig into that specific high

frames you'd identify you know
a key area or a turning point

start looking at all of those
four hour higher lows or lower

time frame move but obviously
on the lower time frames so you

this before but its application
to trading is just as

strategy. You need to be
performing a task where there

remember? Well, we are
unconsciously competent.

obviously trading historical
price action. Now, the reason

outlier, then repetition is
your friend. Amateurs assume

it and you believe that it has
an edge because you've already

of the level of difficulty. So
that way you know you're not

trying to simulate a live
market environment but

lessons but just to give you a
very brief overview of what

exercises if you will that are
pretty much laid in the order

essentially failure. We need to
make sure that we are operating

of that when you're walking
down the road, You just do it.

for you and you'll obviously
well hopefully he'd win every

until they get it right but
professionals practice until

new plant. Now as you've
probably seen I'm going to go

to keep working hard. To
improve on and get better at it

that day and and more so you
know how could you have

that match is just going to be
way too difficult for you.

still difficult enough where
you are making enough mistakes

doesn't just think about any of
this, he just runs. So, the

Everyone starts weak but
mastery comes from putting in

difficulty and it's a perfect
example of the Goldilocks rule.

Williams you will probably
quickly lose motivation because

And that is what the fourth
stage of competence is,

will fail to execute the task
at hand. The human brain loves

you? You don't think about
bending your knee, placing your

You're probably not going to be
able to even return their

too hard or overwhelming for
you, eventually you're going to

professional tennis player like
I know Roger Federer or Serena

this point you're kind of just
sense checking that what you

rest of your careers. I still
do it every day. Um you know as

they cannot get it wrong. Now
I'm sure some of you may heard

serve. Now Consider playing
tennis against someone who is

get bored really quickly right?
It's going to be way too easy

gaining experience so rapidly
improving your understanding of

on each individual trader but
kind of as a rough kind of

tasks that are right on the
edge of their current

things that you can't skip. So
if you want to become an

daily routine? How do we stay
motivated to do it so it

explicitly true. So if we know
it's important and if we know

just annotate and mark up the
chart trust to really

testing a regular habit? How do
we incorporate it into our

and again over a large sample
size of trades because that's

benefit of hindsight too so say
at the end of a trading session

trades paid out etcetera but
you can also do this with the

it's going to rapidly improve
our trading, how can we make

automatic, and unquestionable.
Your goal is to achieve the

you balance out, and you're not
consciously thinking about any

when the majority of
psychological errors will start

automatically. You know, you
don't think about walking, do

think about anymore. We just
almost make these decisions

fly based on visual inputs
since the dawn of time. Now, by

difficulty. Now if you love
tennis and let's say you try to

distractions fade away and you
find yourself fully invested in

react instinctively to the
visual price action in a live

foot out, swinging your
opposite arm forward to help

this is when you discover the
objective truth and this is

of years of evolution and we've
been making calculations on the

This is the most powerful form
of awareness. As this is the

play a serious match against a
four year old you're going to

action. Mark it up and you'll
just see how I could have done

market. Almost to the point
where, you know, we don't even

I'll then recap it. Go through
the go through the price

your strategy and just being
able to reprise such an

knowledge that you carry within
yourself. It is what you know

processing visual information.
This is a process by millions

states that humans experience
peak motivation when working on

them to the second level when
you become convinced that what

of the graph and we just get
bored and we switch off and we

ideas and you incorporate them
into your training, they will

rather than work? You know, why
is it that some people can

to achieve this is through
extensive testing of your

findings is that the way to
maintain motivation and to

become part of your body of
knowledge. Instinctive,

Well, fortunately, scientists
have been studying this

baseball, when the batter hits
the ball, how does the fielder

strongest level of knowledge.
The third level is a knowing.

fielder knows where and when to
run by subconsciously

is when an idea is presented to
you by someone else so someone

velocity, rate of progress and
decrease in velocity but he

your plan is when you have put
in the work to prove it to

know what to make of it all
just yet but you now have a

personality but also your
current schedule. So

where a price move was
initiated from so for instance

you're just going to mark up
and you're going to annotate

draft of a training plan that
actually fits your unique

collect loads of these sort of
case studies that you actually

allow you to get into trades so
on the lower time frame you're

phase and if you have completed
all of those steps then you

basic level of awareness so the
second level is when you become

gone into that and manage that
with your current trade plan so

applying each of the concepts
that you have just learnt

maybe you agree maybe you
disagree maybe you don't really

tells you something you
evaluate it against your own

going to mark up the charts
sort of as they print you know

studies and in pretty terms
this is just where you're

opinions you might have mixed
feelings about this information

starting out or in the early
stages of you know testing a

through each of these steps in
detail over the next few

least level one as you've gone
through the course modules up

but only if you really try. So
your focus narrows, all of the

what we embody here at Photon.
So all of you will now be at

that you may have had to fill
in any remaining gaps in your

to be true because you have
experienced it first hand. And

in that Goldilock zone at all
times when we are testing our

the task at hand. This is a
challenge of just manageable

so you can reach the next
level. You can have all of the

give up or just avoid it all
together, right? So this is why

side to that, if it's too hard,
then we're in the tail on the

question for a very long time
and one of the consistent

point. But in contrast to that
if you were to play a

are three basic levels of
knowledge and the first level

achieve peak levels of desire
is to work on tasks of just

stick with their habits? The
most struggle to stay

motivated. So how do we design
that pull us in rather than

doesn't get overwhelming and
just end up becoming like a

boring chore? How do we make
our processes feel like play

before finally starting to
create and build out your first

knowledge. And of course also
requested a chart feedback when

that they don't need to
practice. Beginners practice

the reps. You cannot beat
nature. There are just certain

experience and we prime our
subconscious to be able to

into account the direction and
speed of the ball, the

testing historical price
action, this is how we gain the

curvature of fall, wind speed
and direction, initial

know when and where to run?
Because the fielder must take

to dissipate when you achieve
that third stage of Now, in

and you have watched through
all of the course content in

it successfully play out again
and again and again and again

the 12 month road map that we
set out at the very start of

yourself. That it does have a
strong edge and you have seen

strategy. The only way that you
will have extreme confidence in

acquired through practice and
personal and the quickest way

third level of knowledge. A
knowing that can only be

apply the concepts and then as
you accept and you embody these

you have learned is true as
you've started to practice and

in your own unique edge.

minimum of three times through
to actually make sure that you

have given yourself and your
subconscious the chance to

practiced the technical
analysis exercises and compared

chronological order up until
this module of course and you

have also watched the technical
analysis module at least a

until this point. Consume the
information and receive many

ideas that have been presented
to you. Maybe you will move

convinced that what you have
been told is true So now it's a

belief. A belief is stronger
than an idea but it is not the

should now be ready to begin
the testing phase because there

congratulations. You have now
graduated from the building

them to the walk throughs and
you have asked any questions

actually absorb as much of the
information as possible. You

the course. So you should now
hopefully join the community

I just want to very quickly
bring your attention back to