The Untold Secrets of My Trading ft Umar Ashraf | Day 03

Duration

172:37

Captions

1

Language

EN

Published

Streamed live 15 hours ago

Description

⭐️ Join my Trendline Circle : https://toritradez.com/tlc -------------------------------------- ✅ My Only REAL Social Accounts: IG: https://www.instagram.com/tori.trades/ FB: https://www.facebook.com/tori.trades Twitter: https://www.twitter.com/toritrades TikTok: https://www.tiktok.com/@tori.trades #daytrading #swingtrading #futures #trendlines 💻 Get funded: https://apextraderfunding.com/member/aff/go/toritradez?c=TORI 🦄 Journal your Trades: https://www.tradezella.com/?via=victoria ✅ Trusted Futures Broker: https://www.tradestation.com/tori/ DISCLAIMER: I am not a financial adviser nor a CPA. These videos are for educational and entertainment purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.

Captions (1)

00:00

I feel joy.

00:01

>> Year after year, I felt stuck. I didn't

00:04

think that I could actually make trading

00:05

work. I thought that I wasn't smart

00:07

enough. I thought that I needed a

00:09

finance degree at literal minimum. I

00:12

thought I needed to have gone to school

00:14

for a lot longer than much more

00:17

financially literate, had either an

00:19

economics degree, anything. I thought

00:21

maybe Wall Street savvy. It was all

00:24

wrong. I didn't need any of that. I grew

00:26

my trading account from $5,000 to half a

00:29

million. Whether you are a nineto-fr

00:31

working full-time or multiple jobs like

00:33

I did. Whether you have zero experience,

00:36

which I also had no experience, or maybe

00:38

you're someone that's gotten into

00:40

trading, but you just haven't found the

00:41

success you maybe fell off because you

00:43

didn't see the progress or you didn't

00:44

see the success you were looking for in

00:46

the amount of time that you were doing

00:47

it. Trading is an opportunity like no

00:49

other. I have achieved the life that

00:51

every trader dreams of. I'm living a

00:54

realistic, incredible life. This is

00:57

truly a skill that you can learn that

00:59

there is no qualifications. You don't

01:01

have to have any sort of degree. You

01:03

don't need to look any type of way. You

01:05

don't need to fit any kind of box. This

01:06

is truly the coolest skill that you can

01:08

learn to generate income. I am living

01:11

proof that anybody can do this. We got

01:14

another record trade.

01:15

>> Awesome.

01:16

>> I was able to close $40,000 trade in

01:19

platinum this morning.

01:21

>> Wow. Isn't that crazy? It's so crazy.

01:24

>> The secret, it wasn't a complex

01:26

strategy. It wasn't some scientific

01:29

mathematical formula. It was one simple

01:32

system that was repeatable that I could

01:34

do over and over again. Whether you're

01:36

working full-time like I was, or if you

01:38

have no experience in the markets

01:40

whatsoever, for the first time ever, I

01:42

am revealing everything that I know,

01:44

everything that took me years to get to

01:46

in my trader and 3-day challenge. This

01:48

is a live event, but it's virtual, so

01:50

anybody can attend. I'm going to share

01:52

with you guys the lessons that took me

01:53

years to figure out. So, even if you

01:55

have never traded before, that's where I

01:57

started. Zero experience. Don't even

01:59

think that you fit the category. Or if

02:01

maybe you started and you haven't made

02:03

the progress, or even if you started and

02:05

didn't see that progress you wanted and

02:07

fell off, this is going to be the event

02:08

for you.

02:09

>> Just think one day you were saying,

02:11

"Wow, this what is this trading stuff?"

02:13

Super exciting. I tell you, you got some

02:16

gifts. You got a topic that the world's

02:18

interested in. If there's one thing for

02:20

sure, you are going to walk away with

02:22

the confidence to place your first trade

02:23

after this event and have the roadmap to

02:25

making this a full-time career. The same

02:27

system that turned my $5,000 into over

02:30

half a million dollars.

02:45

>> It's official. I decided to move to

02:47

Nashville.

02:49

Oh my god.

02:52

>> No way.

02:54

>> September 14th through 16th. You're not

02:56

going to want to miss this. Make sure to

02:58

secure your spot now.

03:13

Heat. Heat.

03:42

Heat. Heat.

03:50

Heat.

04:08

Heat.

04:30

Heat up here.

05:08

Hi everybody.

05:09

Welcome to day three. You did it. You

05:13

made it through. Congratulations all of

05:17

y'all.

05:19

You made it through four hours of

05:22

curriculum yesterday. That has got to be

05:24

the hardest part. And you did it. You

05:27

made it through. I got a few questions

05:29

for you guys before we get started. And

05:32

I'm going to go shift one here. I mean

05:34

shift seven. There we go. Okay. I got a

05:36

few questions for you guys.

05:39

How many of you got to place your first

05:42

trade ever yesterday?

05:46

Now, there will be a little bit of a lag

05:47

because, you know, we're not just 100%

05:50

caught up, so it's going to be just a

05:52

moment, but I'm so excited to see this.

05:55

How many of you guys placed your first

05:57

ever live I'm sorry, first ever sim

05:59

trade, but we did it live together?

06:02

Okay. Okay. We got Sheila, we got Jim,

06:06

we got M. We got Betty. We got Oh,

06:09

Darren was already on 10 trades. I'll

06:11

say that's He was probably working on it

06:13

while we're doing curriculum.

06:15

Okay, Dylan did. Ashley. Okay, Jason.

06:20

How exciting. You did it. Was it not

06:22

that crazy?

06:24

It wasn't that crazy. And this is when I

06:27

tell you guys this is my mission. My

06:29

mission is to show you guys that it's

06:31

not that crazy.

06:33

everyone that just in the industry that

06:36

tries to make trading out to be this

06:38

crazy thing. Okay, we got a $220 profit,

06:41

too. It's It's not It's not the hardest

06:46

part of trading, guys, which I think we

06:48

went over plenty of times, is the

06:51

repetition. Getting the reps in and

06:53

doing it over and over again, being

06:55

consistent. Because most people that

06:57

want to or set out to do anything that's

06:59

worth doing at all, most of them give

07:01

up.

07:02

We're already one step ahead by just

07:05

simply getting the reps in and doing it

07:06

over and over again. Oh my gosh, these

07:08

profits are crazy. Minnie made 1%. Let's

07:12

go. Let's go. We got a one to2 R.

07:16

$100 profit with Mike Carl. Okay. 25

07:19

pounds.

07:21

Over $200, Steve. This is insane, you

07:25

guys. Amazing work. I'm so proud. Okay,

07:28

I am curious for those of you guys that

07:30

placed the trade with me together, how

07:33

many of you guys stuck out the oil

07:35

trade. So, yesterday at the finally the

07:37

end of the session, we had time. I

07:40

wasn't getting off that stream until we

07:41

did it together. We placed a trade in

07:45

crude oil. We placed a long position. I

07:48

am curious how many of you guys stuck it

07:50

through and continued to go. Okay, we've

07:54

got someone made someone held it

07:57

overnight. Okay, stop loss got hit.

07:59

Coolest thing is you can just leave a

08:01

trade and worst case scenario, if your

08:04

computer dies, you forget it's open. You

08:06

got the stop loss on there. Somebody

08:08

made $10,000. Kevin, Kevin, what are you

08:10

doing? Do you look up our risk? Was this

08:13

a high-risisk trade? We got $1,500

08:16

today.

08:18

All right, let's go, guys. Let's go.

08:21

Michelle said it hit her stop loss. All

08:22

right. Now we know $200. Okay. Okay.

08:28

Now, another question that I have for

08:30

you guys. Someone did 296.

08:33

Excellent work, guys. Excellent work.

08:35

Someone held overnight. Um, Cosmo said,

08:37

"I did it on my phone." Adrien, it's all

08:40

right. You got it out of the way. I

08:42

don't know if you guys remember what we

08:43

call ourselves. Um, let's see if we got

08:45

a few. If you know, you know. What do we

08:47

call ourselves with a smile and we're

08:51

like, "Yeah, dude. It's me."

08:54

Let's see what we got. All right. Cyber

08:55

Frost, I remember you from yesterday. We

08:57

used you as an example. Cyber Frost had

08:59

two wins and two losers. Julie, that's

09:03

exactly it. Linda, you're on it. Yep.

09:06

Get in losers. We're going trading.

09:09

We But we understood completely and

09:12

utterly what that means to be a loser.

09:14

It is not any hit to the ego. Oh, it's

09:16

not being down on yourself. We know that

09:19

is absolutely part of the system, part

09:22

of the strategy. Exactly. It is correct

09:25

losers. Losing correctly. You guys did

09:27

amazing.

09:29

Okay. And then the last question that I

09:30

have for you guys, um we call ourselves

09:33

losers. You guys did place that trade um

09:36

in crude oil. But now, how many of you

09:38

went out and continued to do it on your

09:40

own? Actually got some reps in. Did you

09:43

continue to trade crude oil? Did you

09:45

know how to place your next trade? How

09:47

many of you guys were able to keep

09:49

going?

09:50

I am curious because the first trade was

09:52

easy. I walked you guys through it. But

09:53

now the hard part was could you have

09:55

identified a second entry?

09:58

Okay. So, we got Sam was able to do a

10:00

second trade. Tom was able to do a

10:01

second trade. Sue was able to do a

10:04

second trade.

10:06

Okay. Okay. Okay.

10:10

All right. So, that was my that was my

10:12

biggest question was, okay, did I give

10:13

you guys enough information yesterday to

10:16

where you can confidently do it on your

10:17

own? I walked you through the first one

10:19

and I needed to see how many of you guys

10:21

were able to get into the second one.

10:23

So, great job. Great work, guys. I am so

10:27

excited. This is the best way to start

10:29

day three. We are in for a treat today.

10:32

So, let's go ahead and get into our

10:33

slides. We've got everybody here.

10:35

Everybody ready to roll? I'm gonna use

10:37

my handy dandy shortcut here.

10:41

I'm just kidding. Um team, if you guys

10:43

could throw the slides up for me. I

10:44

don't know how to do it.

10:47

There it is. Thank you. Thank you. All

10:49

right, guys. You did it. Welcome to day

10:51

three. Welcome to the last day. So

10:54

exciting. Now, what did we go over? What

10:57

have we covered? You guys got to see how

10:59

to place your first paper trade, your

11:02

first demo trade. You did it. Check the

11:05

box off. accomplished. Way to go. You

11:08

understand what the opportunities are in

11:11

trading. Most of you guys were able to

11:12

continue to keep going, to place a

11:14

second trade, to place a third trade,

11:17

and you were able to see how you can

11:19

scale what you have learned from

11:20

yesterday specifically, and to be able

11:22

to actually make money from it. So, even

11:25

if these are SIM dollars, demo dollars,

11:27

you guys can see that it can be done.

11:30

You saw the three-step system yesterday.

11:34

We went about three and a half hours

11:36

into training. Lots and lots and lots of

11:39

training. We went over testing and then

11:42

we briefly touched on tracking, which is

11:44

what I'm so excited to get into today.

11:46

We're going to hit tracking home. We're

11:48

going to hit it hard. We're going to hit

11:50

the home run. The words aren't working,

11:52

but you get the idea. Day three tracking

11:54

is going to be huge today.

11:56

Now, we do understand this. If most

11:59

traders lose their capital, we

12:01

understand that there is 80 to 90% of

12:03

traders who lose their capital when they

12:05

get into trading. We've already gone

12:06

over this, but if most traders lose,

12:10

lose their capital when they get into

12:11

trading, what is the very first thing

12:13

that we should focus on? What is our

12:14

main goal here?

12:17

And this is for everyone that attended

12:19

yesterday.

12:22

Boom. David's got it. That's what I'm

12:23

talking about. That is our number one

12:25

priority.

12:29

Exactly. We're protecting our capital.

12:31

We're protecting our capital. Now,

12:32

Farsza, um, it's not it's actually not

12:35

correct. We are not trying to not lose

12:37

money. We understand that we do have to

12:40

lose money. And I'll see if we got this

12:42

recap in here, but yes, there we go.

12:44

Eevee's got it. Eevee, keep capital,

12:46

lose correctly. We're not trying to

12:49

avoid losses. Those are inevitable.

12:51

Those are going to happen. We just want

12:52

to make sure that we're taking correct

12:53

losses.

12:55

Way to go, Jeffrey. That's what I'm

12:56

talking about. Way to go, Monica. You

12:58

guys got it. Okay. Excellent. Excellent.

13:01

Keeping our capital. You got it correct.

13:04

Now, also remember guys, this is where

13:07

I've showed this. This will be the third

13:09

time, but it's it hits home every time

13:11

for you guys to be able to see where

13:14

you're at now in the potential of where

13:16

you could go.

13:19

I showed you guys this yesterday. I'm

13:20

going to show it to you again. the

13:21

difference between one singular trade in

13:23

2022 and one singular trade in 2025. The

13:26

fact that it's the same strategy,

13:29

the same setup, just different

13:32

positions, different sized positions.

13:35

This one right here is from 2022. I know

13:36

it's a little bit blurry here, but this

13:38

was a $300 profit using the same lines

13:41

we went over yesterday versus this one

13:44

in 2025, a $50,000 profit.

13:49

Same setup, same system. We had an

13:51

action line, we had a safety line.

13:55

Now remember, our goal is keeping our

13:57

capital and we know that it is normal to

13:59

switch positions if the king, you guys

14:01

know the price says so. We understood

14:03

that it was

14:05

uh it's not an easy thing to do to think

14:08

from long to short, short to long. It's

14:10

not easy to want to change your mind, to

14:11

think that you're wrong, to have made a

14:13

decision to go long or to go short and

14:16

then for it to be wrong. But we

14:17

understood that that's just simply what

14:19

we have to do. We have to submit to the

14:21

price.

14:23

It is normal to pay fees. And remember

14:25

this is what we call our losses. So we

14:28

absolutely have to lose. We have to take

14:31

losses. We have to take losers. But if

14:35

they're done correctly, it should

14:36

absolutely feel like a fee. That's what

14:38

we call the losses. Fees. We're just

14:40

paying fees. That is part of the game.

14:42

It's paytoplay.

14:44

That's why we call ourselves losers.

14:46

Now, what the market does, we don't

14:48

know. We don't care, and we have no

14:50

control over. Our little tiny trades are

14:53

drops in the bucket.

14:55

I'm I'm talking like micro minuscule

14:58

drops in the bucket. What we do does not

15:00

impact or change the price. We also know

15:03

that we have no control over what the

15:04

king decides to do. If he's marching

15:07

north, if he's marching south, if we're

15:08

going up, if we're going down, if we're

15:10

going long, if we're going short, we

15:11

don't have control over that. What we do

15:13

have control over is how we react and

15:15

how we can just simply follow the price.

15:19

So, we went over training. We went over

15:21

congratulations for everyone that stuck

15:23

it out yesterday. We learned the proper

15:25

psychology for the first half of

15:27

yesterday, which was setting the tone.

15:30

This was making sure that everyone

15:31

completely understood how to even

15:33

approach the markets, how to think about

15:35

losses, how to think about the markets

15:37

in general. This was such a key pivotal

15:41

point in starting yesterday's training,

15:43

which is talking about psychology. And

15:45

then we went over strategy. Lots and

15:47

lots and lots and lots of strategy

15:48

yesterday. Now, we went over testing. We

15:52

got to get a single rep in together. But

15:54

now, the coolest part is you guys were

15:56

able to get more reps in after

15:57

yesterday's session. So, that's the part

15:59

that I'm incredibly proud of that you

16:01

guys were able to make the decision on

16:02

your own without me.

16:05

Now, today we're going to be talking

16:06

much more about tracking. How you move

16:09

from random trial and error to actually

16:12

running a profitable strategy. I'm

16:14

assuming that says strategy. There it

16:15

is. Yes, running a strategy.

16:19

Now, I already saw some of the uh

16:22

questions in the chat. The moment that

16:23

you guys have all been waiting for

16:25

today.

16:26

We are just moments away from our

16:28

special guest,

16:30

Umar Ashraf,

16:32

verified 8 figureure trader and more

16:35

than a decade of experience. He's got

16:38

more than me. I'm I feel like it's 11 or

16:40

12, but I cannot remember. It's one of

16:41

the two. Also the founder of Tradezella,

16:44

the number one trading journal. Okay.

16:46

What is he going to be going over today

16:47

with you guys, though? the five stages

16:50

from beginner to pro that every trader

16:52

needs to go through. So everything that

16:54

we learned yesterday, everything that we

16:56

learned on day one, we we saw the

16:58

strategy proven, we saw that your mentor

17:02

has been proven, we saw that you can

17:04

believe in yourself, that you can prove

17:05

it to yourself. Then day two, we went

17:07

over psychology. We went over strategy.

17:09

But now, how do we move from beginner to

17:12

pro?

17:14

This is not about skipping ahead. We've

17:16

already talked about this. This is not

17:17

become a millionaire overnight. This is

17:20

putting the work in and working through

17:22

every single stage here.

17:24

Um, what is your favorite part from

17:26

Umar's session? You won't have an answer

17:28

to that one because you haven't gone

17:29

there yet.

17:30

All right, so we are stopping right

17:33

here. I'm going to see if we've got Umar

17:34

in the chat. We've still got a few more

17:36

minutes. Um, I want to let you guys know

17:38

there's a few things about Umar that you

17:41

might not know. Um there was a survey

17:45

done I believe it was in 2023

17:50

where there was a survey of most

17:53

handsome trader. He won he won most

17:56

handsome trader in 2023. I don't think

17:59

you guys know that about him. He doesn't

18:01

like to brag about it. Uh it's true it

18:03

happened. I I can verify because I did

18:05

do the survey. It was me. Um, but I will

18:09

say Umar is one of the most respected

18:11

traders in the space. I even coming from

18:14

me, I there's a lot of traders out

18:16

there. There's a lot of influencers out

18:18

there. There's a lot of I'd say mentors

18:21

out there. I'd say my top two would be

18:24

Uncle Mike, my mentor, and Umar Ashraf.

18:28

Like, highly respected. The fact that

18:30

I'm even able to get him on this call

18:32

today, guys, is an insane value here. I

18:36

had to pull some mega strings because he

18:38

doesn't do this for everyone. So, I'm

18:40

hoping that everyone can be incredibly

18:41

respectful of his time today. This is an

18:44

incredible opportunity working through

18:46

the five stages. So, make sure just like

18:48

we did yesterday, you guys are taking

18:49

notes. You're taking notes. Everything

18:51

that we're going through each one of

18:52

these stages here will be applicable

18:54

from what we learned yesterday. We are

18:56

learning about scaling. How do we go

18:58

from beginner to pro? All right. Now,

19:00

without further ado, I believe we've got

19:05

we've got my team working on the setup.

19:07

So, give us just a second here. We're

19:08

getting them in.

19:11

Let me get a let me get a okay from my

19:12

team real quick that we've got them in

19:14

here.

19:17

Okay, we're still working on it. We got

19:18

some tech difficulties, so hang tight.

19:20

Hang tight. All right, while we're here

19:22

and we're just hanging around, um what

19:24

is something that you guys already know

19:27

about Tradezella or Umar Ashraf? I want

19:30

to see maybe if you guys got some some

19:31

fun facts here that maybe I don't even

19:33

know.

19:35

Thank you, Pierro, for holding down the

19:37

chat. We love you. We love you. We've

19:39

got some of my team here answering

19:40

questions. If you guys have any

19:41

questions, we've got my team here in the

19:43

chat helping out. Okay, Gordon. Legit.

19:47

Yes, Roger. Yep, I'd agree with you on

19:50

that one.

19:52

There we go.

19:55

I am curious how many of you guys do

19:57

have Tradzella or have heard of

19:59

Tradzella or have used it before.

20:03

If you don't, it's this is something

20:06

where yes, I have an affiliate. I have

20:08

an affiliate code. Even if I didn't,

20:11

this would be a program that I promote

20:14

fully and wholeheartedly with my chest.

20:17

It is one of the greatest journaling

20:19

softwares out there. Now, are there

20:20

other ones? Yeah, sure. Could you write

20:22

it down? Could you do it yourself? We

20:23

went over this yesterday. Could you

20:25

create a Excel spreadsheet? Yeah, sure.

20:28

But the amount of data that you get from

20:31

the way that Tradezel is programmed.

20:32

Also, the amount of AI that they're

20:34

coming out with and that they already

20:36

have is just absolutely mind-blowing.

20:38

It's ahead of the curve. It's ahead of

20:39

its time. So, the absolute number one

20:44

trading journal on the market.

20:49

Okay. So, Skyline's looking for trades,

20:51

Zella. Well, I think Skyline after

20:53

today's session, you will have you'll be

20:56

convinced. It's an incredible platform.

20:58

Now, remember this is part of the

21:00

giveaway. So, for some of you guys, I

21:02

mean, I know I'm going to be mentioning

21:03

it later, but today is the last day. If

21:05

you're here, you are eligible for the

21:08

giveaway, and we got a few. I'm going to

21:10

not spill too much of the beans, but

21:12

just remember, there are giveaways. And

21:13

if you were here today, you're already

21:15

eligible. If you showed up yesterday and

21:17

you showed up day one, you guys are

21:18

eligible for the giveaways.

21:21

So congratulations to everyone making it

21:23

three days in a row.

21:26

All right, we you heard it here first

21:27

from Daniel Tradezella number one game

21:30

changer. There we go. Jasmine.

21:34

All right, Marty. Marty, go back to

21:38

yesterday. Insane amount of value.

21:43

A someone says I don't deserve a

21:44

giveaway. Well, if you made it all three

21:46

days, you absolutely deserve a giveaway.

21:49

Um, give me just a moment. I got to make

21:50

sure I didn't just skip something. I'm

21:52

just sitting here yapping. And we got

21:54

Umar just sitting here on hold.

22:01

Okay. Okay. Okay. I'm so excited.

22:04

I don't think you guys understand the

22:06

weight of the situation here.

22:09

This is I'm I'm so stoked right now.

22:12

Believe it or not, guys, I have um I

22:14

have my notes ready. I'll be taking

22:16

notes. Shine bright like a diamond. Um,

22:20

I'm gonna be taking notes from Umar's

22:21

session today, too.

22:24

Incredible value. Um,

22:27

and I'm gonna leave this back on the

22:29

screen. Give me just a second. I don't

22:31

know what happens if I click this. I'm

22:32

going to try it though. Ah, thank

22:34

heavens. Okay. Okay. So, for some of you

22:36

guys that are just now joining, I can

22:37

still see our live stream number going

22:39

up. We've got 8,584

22:42

watching right now. We are waiting on

22:45

Umar Ashraf to join the live stream

22:47

today. Today we're going to be going

22:48

over the five stages from beginner to

22:50

pro that every trader must go through.

22:54

Every single trader.

22:57

Remember, this is not about skipping

22:59

ahead. This is doing the work in each

23:01

stage.

23:05

So, if you haven't had your uh calendar

23:07

marked up yet or if you don't have your

23:09

notes ready yet, five stages from

23:12

beginner to pro.

23:17

Thank you, JC.

23:21

I know. I'm just happy to be here. You

23:23

guys made it. Now, coolest part. Um, I I

23:26

know that I keep giving these little

23:28

tidbits away about the giveaways, but

23:31

5,000 of you guys today, 5,000 of you,

23:34

that's like most of the entire chat.

23:36

5,000 of you guys are going to be able

23:38

to receive the 50K Apex count giveaway.

23:42

Just remember, that's like a majority.

23:43

Oh, okay. We got Umar in Umar, you

23:45

missed your introduction, but it was a

23:47

beautiful one.

23:48

>> Sorry, I will rewatch it. I was having a

23:50

hard time joining Streamyard for some

23:52

reason was not letting me join, but how

23:54

how's everyone doing? Can I see all the

23:55

comments or

23:56

>> um I don't know if you can see them, but

23:58

I can. Everybody's stoked to see you.

24:00

Stoked to have you.

24:01

>> I'm excited to be here. All right. Are

24:04

we ready to kick it off?

24:05

>> Yeah, we are. I let them know that

24:07

you're going over the five stages from

24:09

beginner to pro. Everyone's taking

24:11

notes. Everybody's ready. Um my only uh

24:14

question for you, Umar, is to We got a

24:16

lot of beginners in the chat, so just

24:18

don't scare them away.

24:19

>> Yeah, know. So, so I I'll I'll cover

24:22

everything where it it it touches on

24:24

beginners to like advanced traders and

24:27

uh there's parts here that still apply

24:29

to me, right? So, just to take a step

24:31

back, let me introduce myself. Uh my

24:33

name is Omar. I don't know what the

24:34

introduction was. Sorry, so sorry I

24:35

missed it. Um I've been trading for like

24:39

12 13 years now. I've made almost every

24:42

single mistake that everyone's made. Uh

24:45

I'm I still make them now. Uh it's just

24:47

at a much much higher level. uh the

24:49

mistakes end up costing more money, but

24:51

they still happen. And ultimately what I

24:53

want to walk you guys through is

24:55

essentially the five stages every trader

24:57

has to go through, what those five

24:59

stages look like, the reality of

25:00

trading, uh and just kind of like give

25:03

you the insights of like, hey, how do

25:05

you go from stage one to two, what

25:06

consistent stage two, and all the

25:08

difficulties and challenges, and once

25:10

again, how to overcome them.

25:12

>> Excellent. All right, Omar, I'm going to

25:13

hand it to you.

25:14

>> Cool. Okay, so got to share my screen.

25:17

So, uh,

25:18

>> don't worry, we're working through it.

25:19

Um, I'm going to have my backend guy.

25:22

All you need to do is hit the screen

25:24

share in the middle of StreamYard and

25:25

then I'm going to have my team pop it up

25:27

full screen for you.

25:29

>> Cool. Okay, let me get this right here.

25:34

Hit share.

25:35

>> But you'll be uh you'll be tickled if

25:36

you go back and listen to your intro. I

25:38

told something that uh many people don't

25:40

know about you.

25:42

>> All right, let's I will watch it after.

25:46

Uh, okay. Wind doc screen. Let's go to

25:49

window.

25:50

Okay.

25:52

All right.

25:53

>> There we go. All right. Um team, if you

25:54

guys could pop Umar up on top and you

25:56

can take me down. I'm just going to be

25:58

in the background taking notes. Also,

25:59

I'll be taking notes from today. So,

26:00

thank you, Umar.

26:03

>> All right. Can everyone see my see my

26:05

screen?

26:06

>> Um, not yet. Give it just a second. I

26:08

still got my backend team trying to make

26:09

you

26:11

make you first and foremost. So, give me

26:13

just a sec.

26:15

probably record this just so I have

26:19

the writing.

26:23

>> Oh, let me see. Okay.

26:32

>> What did you guys cover today?

26:40

>> Can you hear me?

26:42

>> Oh, we're here. We're here.

26:44

>> Okay. Okay. You disappeared. I was like,

26:45

"Oh, man. Did I lose every

26:46

>> We just did recap. So, the floor is

26:48

yours."

26:49

>> All right, cool. All right, guys. So, as

26:50

I said, I'm going to talk about the five

26:52

stages of profitable trading, and

26:54

ultimately, I want to help you guys

26:55

build a profitable trading system

26:57

overall and just kind of walk you

26:59

through what that all looks like. So,

27:00

these are the five steps that I want to

27:02

kind of cover. Uh, ultimately, this is

27:04

where most people are, uh, in the

27:06

beginner novice stage. Uh, people

27:09

typically go into the developing stage

27:11

after. Uh this is where most people get

27:14

stuck in my opinion and like I said I'll

27:16

go through all of it individually one by

27:18

one and talk about how to get to the

27:20

next stage and how all of it looks like

27:22

and simplify for you guys. This is the

27:24

second stage once again developing

27:25

traders. Um and this also answers the

27:28

question when everyone's like oh how

27:29

long is it going to take me to become

27:31

profitable? How long is it going to take

27:33

me to know what I'm doing or you know

27:36

kind of find an edge?

27:39

Some people two years, some people a

27:41

year. Uh I'd be lying to say it's going

27:44

to take you two weeks, three weeks,

27:46

right? Uh it ultimately depends on all

27:47

the stuff that's done here. Then we go

27:49

to intermediate. And a lot of stuff that

27:51

happens in intermediate is just

27:52

optimization. Uh this is where you start

27:55

having some really good data. You start

27:57

knowing what to do with the data. You

27:58

start knowing how to kind of execute on

28:00

on on your playbooks, your strategies.

28:03

Uh what trades to eliminate. Uh and this

28:05

is like where you start to like tweak

28:06

things up. Then the advanced stage and

28:09

this is this is a stage where you know

28:11

it's it's usually back and forth because

28:13

this is where I I'm still at, right? And

28:16

like I'll go to this stage sometimes in

28:18

my in my trading career and then I would

28:20

go here and then I would go back here

28:21

and I would go here and I would go back

28:22

here. And the reason this area is

28:24

different is because this area comes

28:26

down to sizing up, right? Like how do I,

28:29

you know, instead of risking $10,000 per

28:31

trade, how do I go to 20? Instead of

28:33

risking 20,000, how do I go to 30? Like

28:35

how do I start sizing up? So it's like

28:37

if anyone's starting here and they go

28:39

from this stage to this, they'll like

28:41

hover back and forth, but the timeline

28:44

of here to here is just very dependent.

28:46

It is going to take months and months.

28:48

It's not going to happen in a short

28:49

period of time. And so I do want to set

28:51

up the right expectations as well for

28:53

everyone because, you know, in in in the

28:55

trading space, everyone comes in and

28:56

they're like, well, I'm going to start

28:57

trading and in, you know, a month I'm

28:59

going to be the most profitable trader

29:01

ever. Can you make money in one month?

29:04

Yes. But there's a very high possibility

29:06

you will lose that money because you

29:07

have not went through the proper

29:08

experiences, the proper approaches and

29:10

you you just don't have the proper

29:12

framework to continue. Right? So let's

29:14

start off with like the first few

29:16

things, right? So one thing I want to I

29:18

want to highlight really heavily here is

29:20

like we as traders we must have a proven

29:24

process with a well-defined risk to have

29:26

a shot at profitability. So if you do

29:29

not have a proven process, a proven

29:30

approach and you are not managing the

29:32

one thing we as traders can manage which

29:35

is risk, you will not like you you just

29:38

will not have a chance of being

29:39

profitable. So just to just to like

29:42

really nail this in everyone's head,

29:45

what is one thing we as traders and I

29:47

want everyone to like comment it down.

29:48

What is one thing we can control? Like

29:51

when you take a trade, let's say you

29:52

guys take a trade tomorrow, what is that

29:54

one thing you're like, this is the only

29:56

thing that is in my control. What is

29:58

that thing? Let me see if I can see the

30:00

comments for a second.

30:04

People are commenting, what's that risk?

30:07

Risk. Yes, risk is the main thing that

30:11

we can control, right? Obviously, you

30:13

can control your entry, you can control

30:14

your exit, but the thing you can control

30:16

is risk. So you can say, well, if we all

30:20

collectively, everyone in this chat

30:21

collectively enters the same trade.

30:25

The reality is not a single one of us

30:27

here is going to have 100% confirmation

30:28

if that trade is going to work in our

30:30

favor or not. But the thing that we can

30:32

all agree on that we will all be able to

30:34

control is what we risk. One person

30:35

might risk $200. One person may risk

30:39

$2,000. One person may risk $500, right?

30:43

That is something we can control. And

30:45

and everybody was talking about this

30:46

yesterday, the day before yesterday is

30:48

like our job here is to stay alive and

30:50

our job is to maintain our capital. So

30:52

if risk is the first thing we can the

30:54

only thing we can control and we kind of

30:56

amplify that this is the only thing we

30:57

can and we should think about

30:59

controlling what this means is during

31:02

this whole process and once again I'm

31:03

going to reiterate this again during

31:05

this whole process the thing we want to

31:08

be very consistent on during stage one

31:12

to stage two to stage three to kind of

31:15

stage four. or stage four is where risk

31:17

starts to become dynamic is we want to

31:20

control what we are risking on every

31:22

single trade. So I'll give you guys some

31:24

examples, right? Let's just say let me

31:27

kind of like take this and let me put

31:29

this in here. Let's just say we we have

31:31

10 trades, right? And in all of those

31:34

trades, if we risk 300 300

31:38

300, right? 300. And once again, the

31:41

risk has to make sense. Like you can't

31:43

start with a $2,000 account and say I'm

31:46

going to risk $1,000 per trade. Like you

31:48

also have to make sense of what you

31:49

risk. You have to a make sure the risk

31:51

element allows you to stay alive. Now if

31:53

you if you're in risking $300 per trade

31:56

and let's say for argument sake you have

31:58

a 10k account or let's say you're

32:00

risking $200, let's make it 2%. right

32:03

now. Essentially what happens is you you

32:04

you can take more trades and even if

32:08

hypothetically you're wrong, which you

32:09

will be a lot early on and you will lose

32:11

money early on. You allow yourself to

32:14

kind of not dig yourself a hole. What

32:16

happens with most traders is during

32:18

these stages, they'll go in and they'll

32:20

say, "Well, I want to go and I want to

32:22

risk,

32:24

you know, I feel really good about this

32:25

trade. I'm going to risk 3,000." And

32:27

then immediately their draw down goes

32:29

from 200 200 200 200 boom 3,000. and now

32:32

you're down 30% on your account. That's

32:34

something while you guys are on these

32:36

stages, once again, and I I I know I'm

32:38

reiterating that, I'm doing it on

32:39

purpose because I really want to nail it

32:40

down. Do not do not do not do not do not

32:44

let the risk element go away. Okay? So,

32:46

just wanted to optimize on that first.

32:49

Now, let's go through each stage and

32:51

let's go through stages one by one. And

32:53

you know, I I also want to know what

32:55

stage does everyone think they're at,

32:57

right? So once again, novice, you're a

32:58

complete beginner. You don't really have

33:00

any sort of recordkeeping. You don't

33:02

have any insight from data. Uh stage two

33:04

is you have data, you have some trades

33:06

you've taken. Uh the data is good data.

33:09

Uh you have some sort of strategy, you

33:11

have some sort of edge. It works

33:12

sometimes, it doesn't work sometimes,

33:14

and that thing can be optimized. Uh

33:16

stage three once again is like the data

33:18

is there. You've been journaling

33:20

consistently. You've been doing weekly

33:21

check-ins. Uh your metrics and

33:23

riskreward ratios, everything else is

33:25

pretty good. and the ideas to optimize.

33:27

And obviously phase four is like you

33:29

have all of this good and you're just

33:30

sizing up or down. What stage is

33:32

everyone on? Like if you had to guess

33:35

stage one, stage one, stage two,

33:37

developing,

33:39

never mind. Developing. Okay.

33:42

And and and we'll walk through all the

33:44

stages, right? One, stage three. A lot

33:47

of ones and twos, right? And some people

33:49

in two and three.

33:51

All right. Okay. All right. Cool. So

33:55

some people saying zoom in. They can't

33:57

see here. Let me zoom in.

34:00

Okay. So now let's go over let's go to

34:02

stage one. So stage one, right? So what

34:04

are we ultimately doing in stage one?

34:06

This is when someone's a complete

34:07

beginner. They have no foundation,

34:09

right? And this is where we want to

34:10

build up foundation. Want to build up

34:13

education. You want to like maybe paper

34:15

trade. You want to just kind of get

34:17

familiar with the markets. Uh the thing

34:20

you should kind of have an idea on on on

34:22

stage one and by the way guys if you're

34:24

at any stage and you are unsure I would

34:26

just start from here again and start to

34:28

go up because if you don't have things

34:29

done properly here you start to you you

34:33

can never pass any of the other stages

34:35

right so now when you go to stage one

34:37

you have foundation education let's say

34:38

you paper trade uh you you kind of build

34:42

the markets you want to trade so for

34:43

example you might say I want to trade

34:45

futures right I want to be a swing

34:47

trader

34:48

uh I want to you know my approach for

34:51

argument sake my approach to the market

34:54

is order flow you know this is your

34:56

approach what whatever it is and this is

34:58

where you start to learn this is where

34:59

you start to get a good grasp of what

35:00

you're doing what direction it is now if

35:02

you don't have this foundation properly

35:05

and you're here or you think you're here

35:07

and you're kind of confused you're going

35:09

to be stuck here forever right so so

35:11

another question how many people that

35:14

sit there on stage two or three or even

35:15

four have been stuck in that stage for a

35:18

really really long time. And when I say

35:20

a really long time, I'm saying if you've

35:22

been stuck on it for more than like

35:23

three, four, five months.

35:28

Yes.

35:30

Yeah. So, so the the the reason you're

35:32

stuck here is because once again,

35:35

anything on the on any of the previous

35:36

stages aren't developed properly, right?

35:38

So, when they go go to stage one, this

35:41

is the first thing everyone should have.

35:42

Everyone here should know like what is

35:43

my approach to the market? What markets

35:45

am I trading? For example, me, I trade

35:47

equities and I trade futures, right? And

35:49

obviously in between that ecosystem,

35:51

options kick in which ties into equities

35:53

and futures as well. But I am also day

35:56

trading. I also use orderflow. Uh I am

35:59

looking at the dynamics of the market,

36:01

buyers and sellers, trying to look at

36:02

who's more in control. Uh that is kind

36:05

of my quote unquote foundation. Now

36:07

after my foundation, I go on to data

36:10

collection. Right? So this is the most

36:14

outside of this obviously everything you

36:16

know works in stages is the most

36:18

important part and the reason this is

36:20

the most important part is because if

36:21

you do not have proper data collection

36:26

no matter what it is you will not be

36:29

able to understand your problems. You

36:31

will not be able to understand what is

36:32

working. You will not be able to

36:33

understand what uh strategies work good

36:36

when and any of anything around that.

36:38

Right? So let's talk a little bit about

36:40

data collection. So stage one is done

36:43

and now we go to data collection. So

36:44

what is data collection right? So data

36:48

collection is something to first

36:50

understand is there's there there's

36:53

something called good data and bad data.

36:55

Right? That that's that's that's one

36:56

thing you can't you know I think I think

36:58

people look at data and they think data

37:01

is kind of it's similar. It's the same

37:04

across all fields or all kind of uh you

37:07

know setups and strategies and

37:09

approaches. But there is a thing as good

37:11

data and bad data. So let's talk about

37:13

good and bad data, right? So if you have

37:16

bad data

37:18

and let's just say you have a lot of

37:19

data and it's bad, no matter what it is,

37:22

you you're going to be stuck in that

37:23

same spot. You you you won't be able to

37:25

get any insights from it. You won't be

37:26

able to get any value from it. Now if

37:28

you have good data, you're able to

37:30

identify your strengths. You're able to

37:33

identify your weakness. You are able to

37:34

identify certain things. Now, what do I

37:36

mean by good and bad data? So, let's

37:38

talk about data in general. Data goes

37:40

into all your trades that you are

37:42

tracking. So, for example, anyone that

37:45

is anyone that thinks they're on stage

37:47

three or even on stage two, are you

37:50

tracking any of your data? Do you have

37:52

data? Who here has data on their trades?

37:55

Like, if you have data, just say yes. If

37:56

you don't, say no. Right? So, how many

37:59

people just just just to get a quick

38:00

count right now? The next thing is for

38:03

people that think they have data. How

38:05

many of you think you have good data?

38:06

And how many of you think you have bad

38:08

data? Or you don't know? If you don't

38:09

know, say, "Hey, I don't I I don't know

38:10

if it's good or bad." Right? And we'll

38:11

we'll we'll go into some of the good and

38:13

bad data in a bit. Right now, when when

38:16

we're talking about good and bad data,

38:17

guys, this is where I think

38:20

understanding some of the parts of what

38:22

makes it good and what makes it bad. So,

38:24

this is an example of bad data. You have

38:26

no setups. you have no playbooks. In

38:28

other words, no strategy, right? Like

38:31

there's nothing that exists here. Uh and

38:33

even if you think you have a strategy,

38:35

uh all your trades you take, like if I

38:37

show you 10 trades, right? If I show

38:39

let's say 10 trades and I'm like, hey,

38:41

can you identify what the setups or

38:44

playbooks or strategies for these 10

38:45

trades are and you and you have a big

38:47

question mark of like I I don't know.

38:50

You have data because you have the 10

38:51

trades, but it's that data, right? So

38:55

that's one. you don't have no setups, no

38:57

playbooks, no strategy. Number two is

39:00

your data is not around one market or a

39:02

market. So for example, as I said to you

39:05

guys before, let's just say with me, I'm

39:08

saying, hey, I trade futures for

39:09

argument sake, right? If I trade

39:11

futures, now imagine I show you data

39:13

that has forex, that has crypto. Let's

39:17

just say I I tell you I day trade,

39:19

right? where I'm holding trades, you

39:22

know, for a couple of minutes to a

39:23

couple of hours, let's just say. And

39:25

when I show you my data, I have like

39:27

trades I'm holding for three months. I

39:29

have trades I'm holding for three

39:30

minutes. I have trades I'm holding for

39:32

like three weeks,

39:34

whatever the case is. So now there's

39:36

inconsistency of like my data because

39:39

now I have the data of three months,

39:40

three minutes, three weeks. I have those

39:42

trades that fit into data, but they're

39:44

all bad data. It's not consistent,

39:46

right? So like there's no like there's

39:48

no consistency in the way we track

39:52

something and we can't have a fair

39:54

comparison because it's not like a

39:55

comparison between apples and apples,

39:57

right? It's like apples and like mangoes

39:58

or something. So we want to have that

40:00

comparison to be consistent. That's why

40:03

the good data matters. Now what else? No

40:06

max loss per trade position size. So

40:07

let's let's lay this out, right? Let's

40:09

say you show me a trade and like once

40:11

again I'll show you guys some some

40:13

examples, right? You guys show me a

40:15

trade or you guys show me your last 10

40:16

trades. In those last 10 trades, let's

40:18

think think about this for a second. You

40:21

show me all 10 trades and I look at what

40:23

was the risk amount on those 10 trades.

40:25

And you know, you have you've risked

40:27

300. You risked 3,000, right? You

40:31

risked, I don't know, 500, right? You

40:35

risked, you know, 9,100 because you got

40:39

crazy one one trade, right? There's no

40:41

consistency in risk. So now what happens

40:43

is you have all of these trades that

40:46

have a especially in in stage one two

40:48

three right something I do want to

40:50

emphasize on when you do get to advance

40:51

and expert trading your risk does become

40:54

dynamic so like just going to say that

40:57

for all the people that are maybe on the

40:58

advanced side what that means is like

41:00

for my for me right now in my stage of

41:02

my trading there's days like I will risk

41:05

30 40 grand and then there's days I'll

41:07

maybe like be at 10 15 grand there's

41:10

days I'll be or in trades I'm risking

41:12

like 80 90 grand that that that risk

41:15

risk level becomes very dynamic based on

41:17

the setups based on the market

41:19

conditions based on the opportunities

41:21

based on you know where my P&L is and

41:23

like if I'm able to afford taking that

41:25

risk so all of those things become

41:28

problematic here but while you are on

41:30

these three stages like that is not your

41:32

concern your concern is not to be

41:34

dynamic with risk your concern is just

41:36

to get proper data collection

41:37

understanding what you're doing right

41:39

and wrong understand how you can become

41:40

a more profitable and better trader with

41:43

the information you have. And if you

41:45

start to allow your risk to become

41:47

dynamic during this period, your

41:50

profitability or your unprofitability

41:53

start becoming dependent on one or two

41:55

trades, right? So example once again is

41:58

if you risk three 300 3,500 9100, right?

42:02

Your one good or bad trade here could

42:05

make or break your trading. So, for

42:07

example, let's say you risk 300 and

42:08

let's say you're you're you're you're

42:10

making two times what you're risking,

42:12

right? So, if you risk 300, you're

42:13

potentially aiming to make 600. If

42:15

you're risk 3,000, you're potentially

42:17

aiming to make 6,000. If you're risking

42:20

500, you're potentially m looking to

42:21

make uh a,000. If you're risking 9,100,

42:24

you're risk potentially making 18,200.

42:28

Now, this one outlier of a trade can

42:31

either make you profitable or

42:34

unprofitable for the month.

42:37

Right now, question for everyone. How

42:40

many people here have traded for two

42:41

weeks or three weeks, have done really

42:42

well, and then you have that one day or

42:44

one week where you give up all your

42:46

month's profits or all your weeks

42:47

profits or even sometimes you

42:50

essentially blow your account. How many

42:51

people have had that? Be honest for a

42:52

second, right? Because I've had that in

42:53

my early stage many, many, many times.

42:55

How many people have had that happen to

42:56

them once again that have gave away two,

42:58

three, four weeks of profits in a day or

43:00

a week or whatever the case is.

43:03

Right. 90%. Exactly. Right. So this is

43:06

something that happens and and the

43:07

problem is that people start to try to

43:10

do dynamic risk when they shouldn't be

43:12

doing like this is the restriction that

43:14

everyone should have like here you

43:16

should not be allowed like you should

43:17

have a mental mentor that is in front of

43:20

you that's like hey you cannot

43:22

dynamically risk right now you you have

43:24

to keep your risk consistent you have to

43:26

be able to get out of these stages once

43:28

you get out of these stages then you can

43:30

start to have dynamic risk you are not

43:32

at that expert or advanced level to

43:36

adjust the risk size. You don't have the

43:38

experience to know when market

43:39

conditions get better or worse. You

43:40

don't have the understanding of

43:43

identifying really, really, really good

43:45

setups to, you know, okay setups, right?

43:47

And obviously with markets, as you guys

43:49

know, we have times where the market is

43:51

really, really hot and we have good

43:52

opportunities and then we have times

43:54

where opportunities are not the best and

43:58

we just aim to survive and stay above

44:00

water. Both conditions happen and we

44:02

have to adjust to that. That's why the

44:04

dynamic risk element is not something to

44:06

think about. So risk is the other part.

44:08

Once again, this is something like keep

44:10

it keep it consistent, keep it small,

44:13

allow yourself to be wrong many many

44:15

times. And even if you are wrong many

44:16

many times, it doesn't blow your account

44:18

or give away so many profits. You

44:20

probably will make a lot of money, but

44:21

the idea in these one to three stages is

44:23

not to make a lot of money, right? Uh so

44:28

and then the time that you're trading

44:29

the market, right? I think that's also

44:31

important. Once again, depends on

44:32

trading style. I think this is kind of

44:34

an open-ended thing. It applies to some

44:35

people, may not, but for example, for

44:37

me, I like to trade from like market

44:39

open 9:30 a.m., right, to like 11:00

44:43

a.m. That's just personally me, my

44:45

preference. Me, not not you guys, not

44:47

anyone else. And I'm saying me because

44:49

this this is something that can be

44:50

adjusted. I know people that sit on the

44:52

computer all day and they trade fine. Uh

44:55

I know people that sit until 12 or 1

44:57

that trade. I know people that get up at

44:59

11:00 and come back at 3. So, it's okay

45:02

to kind of adjust that. But I think

45:04

starting off have like that window, look

45:06

for opportunities in that window. Now,

45:08

because I trade essentially the first

45:11

hour and a half, maybe two hours from

45:13

the open. Uh, I have certain setups that

45:16

kind of apply here. There's certain

45:18

things that I'm looking for and I know

45:19

essentially what my playbooks and setups

45:22

look like, right? And I'll talk a little

45:25

bit about that too in a bit and I'll

45:26

I'll show you guys stuff. Uh now when I

45:29

do all of this what what starts to

45:30

happen is if I stay consistent with this

45:32

I start to have good data. If I don't

45:33

stay consistent with this I have bad

45:34

data. Now the reason the good data and

45:36

bad data is important is because if I

45:38

have good data I can start saying well

45:41

you know I'm risking 300 for every

45:43

trade. I'm still you know unprofitable.

45:46

Um I'm seeing you know it's my win

45:48

percentage that's dragging me down. It's

45:50

my you know me not taking profits uh

45:53

when I should. Uh it's me selling at

45:55

every little little red candle that I

45:57

see or me having inconsistency in my

46:01

entries or exits. Uh or me holding like

46:04

holding my losers, right, longer. So

46:08

like my average winner may be 20 minutes

46:11

that I'm holding an average winner and

46:13

then losers I'm holding for two hours,

46:15

right? So like I can start to see issues

46:18

in my data. I can start to see anomalies

46:21

that start to pop out. But if I have

46:23

trades where I'm holding a trade for

46:24

three months and three minutes and three

46:26

weeks, like I'm not going to get any

46:27

sort of stats that are going to be

46:28

applicable in any sort of thing at all.

46:31

Right? So let's all agree on one thing

46:33

where we want to have good data. Right?

46:35

So this is what all of this is. This is

46:37

like take your trades, start to log,

46:39

trade in the journal. Uh you know, put

46:41

all the trades in the journal. I'll show

46:43

you guys a little bit of Tradzella and

46:44

stuff in a bit as well. Uh collect the

46:46

right data. It's okay to be messy,

46:48

right? This is a phase where you you're

46:50

taking trades. you're you're optimizing

46:52

stuff, you're looking at things that

46:53

work, you're looking at things that

46:54

don't work. Um, and you you're just

46:56

trying to collect as much as good data

46:58

as possible and not just taking R on

47:00

stupid trades that don't fit, you know,

47:02

your your your your process and approach

47:05

and everything else. Is everyone good

47:06

with that so far?

47:09

Cool. Okay. So, data is good. Very

47:12

important. And if we don't have good

47:13

data once again, if you don't do this

47:15

part, and I want to just re-emphasize on

47:17

it again, and I'm sorry if I reemphasiz

47:19

on some things, it's one hammered. If

47:20

you don't do this part, well, you can

47:22

think you're here. You can think you're

47:24

here. You can think you're here, but

47:25

like you're going to spend the next

47:26

three, four years of your trading

47:27

career, you're going to go up, you're

47:28

going to come back, you're going to go

47:29

up, you're going to come back. And like

47:31

I I've seen this and like like coming

47:33

from like being in this industry for so

47:36

long and speaking to many people and

47:37

understanding stuff, I've seen this

47:39

trend where hey Omar, I've been trading

47:42

from 2020 and it's 2025 and I'm about to

47:44

go to 2026. It's been six years and I'm

47:47

still unprofitable. And when I just

47:48

apply this one simple framework and I

47:50

start to go through their data and I

47:52

start to look at stuff, I'm like, well,

47:53

you've been stuck here for four or five

47:55

years and you haven't really moved into

47:57

the other stages, but because you've

47:59

been stuck here, you think you're here

48:01

and that just it's just never going to

48:04

work, right? Okay, cool. Let's go on to

48:08

optimization. So, let's talk a little

48:10

bit about that, right? And when we start

48:12

to optimize, I'll give you guys some

48:14

scenarios and then we'll walk through

48:15

stuff. So here's here's like an example

48:17

of good data and we'll start to optimize

48:19

things here, right? So good data, I have

48:22

a playbook, I have setup. So so so for

48:24

example, everyone here, who here has a

48:27

welldefined

48:29

playbook slash setup, strategy is

48:32

essentially the same thing but like

48:33

different wording. Who here has a

48:35

well-defined

48:37

strategy?

48:38

Does do you have it? If you don't have

48:40

it, you can say I don't have it. I I'm

48:41

kind of confused. And that's totally

48:43

okay, right? The the idea here is to be

48:45

honest and be totally like, hey, I I

48:48

don't know what the hell I'm doing,

48:49

right? And and to talk a little bit

48:51

about honesty. There's times like I

48:53

trade, right? And like I'll have months

48:55

or I'll have weeks where I like nothing

48:57

goes in my way. Like I mean absolutely

48:59

nothing. And I go, damn, did I forget

49:02

how to trade? And this is me trading

49:04

after 12, 13, god knows how many years

49:06

now. It's ancient. Uh and that starts to

49:08

happen, right? So even for you guys in

49:10

early stages, you have to be very very

49:12

honest and say, I have no idea what the

49:15

hell I'm doing. I I I don't have a

49:17

proven process. And then the way to the

49:19

way to check that is you can say if

49:21

these are the my three entry criterias

49:23

and this is what I'm looking for, can I

49:25

repeatedly make money doing the doing

49:26

the same thing over and over again. If

49:28

and if you can't, then you don't have a

49:31

good playbook or or playbooks or setups

49:33

or strategies. So once again, good data

49:35

playbook setup. So, like I I'll show you

49:37

guys some examples. Opening drive

49:39

playbook, morning top setup, right? And

49:41

I don't want to go too much in

49:42

strategies. Once again, I don't want to

49:44

say there's one strategy that makes the

49:46

most sense. I think these things are all

49:48

up to you and what direction you take

49:50

and what not. But I'm just kind of

49:51

showing you one example of stuff. Uh

49:53

instrument, what are you trading? For

49:54

example, let's say futures. Uh position

49:57

size, let's say you're like three

49:58

contracts. What's your max loss? $300.

50:02

Once again, to simplify stuff, I'm

50:04

trading supply and demand. Let's just

50:06

say that's like how my approach is to

50:08

the market, right? This now starts to

50:10

come into like good data, good approach

50:13

that's consistent. Now, if something in

50:15

that data does not look good, I can

50:17

identify where it is messed up. Okay.

50:20

Now then we we combine this when we go

50:24

when we go to like optimization, right?

50:26

There's like this part, right? So we go

50:29

from like data collection, we get the

50:31

data also to get good data collection,

50:33

we need to have good processes. Once we

50:35

have good processes uh we have to go

50:37

into like optimization right so like

50:39

this is now where we're going from here

50:41

to here and in order to go from here to

50:43

there we have to know how to use the

50:44

data collection and we have to know how

50:45

to go and start to optimize that also

50:48

comes in with a good approach like what

50:51

is your approach to all of this right so

50:55

let's go to process I'll like walk you

50:57

through a process and like you know we

50:59

can we can start to like talk a little

51:02

bit about this how how How how how do

51:04

weeks look? Right? So process is also

51:07

important because process allows you to

51:09

d tie in your data and allows you to

51:11

identify missed opportunities. It allows

51:14

you to look at your blind spots and like

51:16

trust me when I say this and like you're

51:18

going to always have blind spots. You're

51:20

going to always miss stuff. It is not

51:22

something that goes away, right? Like

51:26

there's parts of things here that I talk

51:28

about that I know a lot of people like

51:29

even myself in year 2 3 4 5 6 7 8

51:32

whatever I was like oh my god another

51:33

year I'll it'll probably go away another

51:35

two years I'll maybe get get better at

51:37

this. Uh no it doesn't doesn't happen.

51:40

You just get better at dealing with the

51:41

pain. You get better at just handling

51:43

things. Uh but does like I'd be lying to

51:48

say that at this stage of my trading

51:51

career I don't make mistakes. That's not

51:53

true. Like I make like so many mistakes.

51:56

Like like if you guys saw days where I

51:58

go on tilt, which I still do, you'd be

52:00

like, "Holy there's no way this

52:01

guy's been trading god knows however

52:03

long." He said, "There's no way." Right?

52:06

So these things still happen. But the

52:08

idea of the process is when you have a

52:10

healthy process and you kind of go out

52:11

of kind of the the realm a little bit,

52:14

you you start to bring yourself back. So

52:16

what what I'm trying to say with this is

52:18

sometimes you'll have days as humans we

52:21

will have periods where if like this is

52:24

where we're trying to stay in. We may

52:26

have sometimes where we go a little bit

52:28

out but good traders are able to bring

52:31

themselves out. There's no such thing as

52:33

oh my god great traders are going to

52:35

stay in here forever. Like do I follow

52:38

my stop loss or my risk amount on every

52:40

single trade? No. I I messed up. And I'm

52:42

not saying this to like allow you guys

52:45

to think it's okay. I'm saying if and

52:47

when it happens, your job is to quickly

52:50

bring yourself back in. Your job is not

52:52

to say me as a human is I'm going to

52:54

make sure I never ever ever do this and

52:56

I will be so like disciplined and I will

52:58

not make these stupid mistakes. You're

53:00

going to make them. But my concern isn't

53:04

if you make them. My concern is when you

53:06

make them, how quickly you are able to

53:09

come back into that natural uh process.

53:13

Oh, that's uh you guys can't see when I

53:15

type when I draw. Sorry.

53:19

Yeah, sorry. Uh I didn't know I didn't

53:21

know you guys couldn't see when I'm

53:22

drawing. Uh sorry about that. Uh okay.

53:25

So, I'll just I'll just type. So, as I

53:28

was saying, uh let's go over process.

53:30

So, my process the way it starts. And

53:31

once again, when I when I say my

53:32

process, I don't want you guys to be

53:34

stuck with like this is the way it

53:35

should be. I think find your own

53:37

process, find your own rules, find your

53:38

own things depending on your trading

53:40

style and your approach. So I like to

53:41

use Sundays as like my my my day to like

53:46

prep and review last week, right? So

53:49

this is for me is very important. So one

53:51

thing is like what is what does last

53:53

week look like? Like and this is where

53:55

process becomes very important where

53:58

when I'm reviewing my last week, one I'm

53:59

reviewing my stats and I'm reviewing

54:01

markets. I want to say hey what has

54:04

happened with the market last week? What

54:07

was the things that moved the market? uh

54:09

what are my key levels that you know the

54:12

market was really really uh focused on

54:14

and really you know drove towards uh how

54:17

did I trade last week based on my stats

54:20

based on my performance based on my

54:21

notes based on my approaches all that

54:23

stuff and like I'll spend a good three

54:25

to six hours depending on the data of

54:28

the week there's weeks I don't really

54:29

trade I'm flat I don't have much uh

54:32

there's weeks I'll have a lot of trades

54:34

uh there's weeks there's a lot of things

54:35

for me to go through and process and

54:37

check so this time becomes a little bit

54:40

contingent, but that this is like a

54:41

non-negotiable day for me where like I

54:44

have to sit down. I have to look at the

54:45

overall market. I have to kind of come

54:47

come up with something that is happening

54:48

and and you know, it's okay when you

54:50

start out, you're going to be wrong in a

54:51

lot of stuff and that's totally fine.

54:53

For example, this week, so when I go to

54:55

Sunday this week, this week, right, like

54:57

I'll share my thought process this week

54:58

and like don't hold me to it, but like

55:01

we'll see what happens. But my my

55:03

process this week is obviously we have

55:04

FOMC as you guys see. uh we're expecting

55:07

uh rate cuts, right?

55:10

And what my thought process is and this

55:12

once again like I'm sharing this with

55:14

you guys because I want to share how my

55:15

mind processes these things. So we have

55:18

FOMC this week. Uh we're expecting rate

55:20

cuts and I at times like to create

55:24

scenarios that I think may possibly

55:26

happen. My scenario that I think is

55:28

going to happen and once again as I say

55:30

I could be totally wrong and I I'm aware

55:32

that I could be wrong. I think when we

55:34

get rate cuts, we maybe get a quick

55:36

market pump, the market afterwards

55:38

starts to sell off. So the the the

55:40

sentiment that I'm looking for an ideal

55:42

situation I'm looking for is that I

55:44

think rate cuts are priced in and I'm

55:47

not I'm not trying to go too far left

55:49

with this. like I'm going to say at a

55:50

certain point if rate cuts happen which

55:53

they're anticipated to happen and this

55:54

is a very big event

55:57

the market because it's so priced in and

56:00

and and the news starts to happen the

56:02

market starts to possibly sell off that

56:05

day or Thursday. So like the day I'm

56:07

looking to trade this week like the day

56:09

I care about is Thursday. Thursday and

56:11

Friday the two days like I care to trade

56:13

this week. That's that's for me right

56:15

now.

56:17

I also create this

56:19

prep for the week and idea for the week

56:21

with the economic news of like, hey, I I

56:25

could be wrong. I know I could be wrong,

56:28

right? So, if I do take these trades, I

56:31

have to have a dollar count. Let's say

56:34

20K, right? I have a dollar count that

56:37

if I'm wrong on this particular trade or

56:39

this setup, I'm risking 20K. Now, if

56:42

it's a if it's a if it's a setup or a

56:44

day where I'm really comfortable and I

56:46

have a higher prob probability and like

56:49

the market kind of shows me signs of

56:51

like it opens up on Thursday, it opens

56:52

up week and we start to sell off in the

56:54

first 15 30 minutes fine my risk might

56:58

go higher but there's an element of like

57:00

hey what like what price am I willing to

57:02

pay if I'm wrong what am I willing to

57:04

take right and this also comes with the

57:07

idea of like I can be wrong,

57:11

right? And I will be wrong many many

57:15

times. And and once again, I'm sharing

57:17

this with you guys not to go into FOMC

57:20

rate this whole storyline around it, but

57:22

I'm going into it more so because when

57:25

we as traders approach the market and

57:28

and if I like if I approach this week

57:29

with this like game plan of like I know

57:31

this is going to happen. I know for sure

57:34

this is going to happen. Like I'm so

57:35

confident,

57:37

I start to mess up my risk. I start to

57:39

become too biased. I start to go on too

57:42

much of one side. Now, let's just say in

57:44

a perfect world I do do that, right?

57:47

Let's just say in a perfect world I do

57:49

do that because I have a process and I

57:51

have written down my notes around this.

57:53

I can go back next Sunday and I can say

57:56

why was I so blinded and why was I so

57:58

one-sided on this particular trade? Oh,

58:01

I was so biased. What made me so biased?

58:04

What made me so focused on this? Why was

58:06

I so stuck on this uh idea? Why why was

58:10

it that I essentially wanted to risk 20K

58:12

and I ended up risking 50k? What what

58:14

what changed here? So now it's not about

58:17

the idea here isn't about me beating

58:19

myself up. I'm not like my my my job is

58:21

not to beat myself up. My job is to

58:23

always go what can I what can I learn

58:27

from this? Either it can be about me or

58:31

about the markets, right? two things.

58:35

Sometimes like you may not markets are

58:37

irrational. You you cannot justify what

58:39

what happened. But then sometimes you

58:41

could learn something about you. Hey

58:43

like I I'll share something that I've

58:44

learned about myself and I still have

58:46

when I become too biased in in a certain

58:48

direction. I I can get blinded. I make

58:53

that mistake even today. Right? So once

58:55

again I might go into a trade and I

58:56

might say I'm looking I think the

58:58

market's going to sell off.

59:02

I will I start to look for every

59:03

sell-off opportunity. So, I have to

59:05

bring myself back into that range of

59:07

being able to think from a clear point

59:09

of view. Right? So, this is this is how

59:13

I start my Sundays. And once again, it

59:14

sounds a lot, but it's just ultimately a

59:16

game plan of what I'm looking for the

59:18

upcoming week. Uh what does the upcoming

59:20

week look like? What is my thought

59:21

process? And the reason the thought

59:22

process is important, how I got to that

59:24

conclusion or why I'm thinking that is

59:26

because the next Sunday that comes, I

59:27

want to make sure I I can understand

59:29

what made me think that, what made me

59:31

come to that conclusion, not so I can go

59:32

in a room and be upset at myself. So I

59:34

can go as a human and say, "Huh, what

59:37

what what what am I missing about

59:39

myself? What am I overlooking? What are

59:41

my mental blind spots? What are things

59:42

that I'm not understanding as a as a

59:44

trader?" Right? That's how ultimately my

59:47

Sunday start. Then we go on to daily. So

59:49

because I day trade uh I have daily game

59:52

plans right I have daily game plans and

59:54

now this is also very important uh and

59:57

once again all of this that I'm tying it

59:59

goes into one simple question is what

00:01

can I learn the idea is not to be right

00:06

but to collect

00:09

data and use that data like that that

00:15

this is like the mindset and the

00:17

framework we are not trying to be right

00:20

especially when you're in like these

00:22

stages your job isn't to be right your

00:24

job is to collect data and learn how to

00:27

utilize that particular data right uh

00:31

then I go to daily game plans my daily

00:32

game plan start to look from a point of

00:35

okay so what is my what is happening in

00:40

the pre-market event so if I trade today

00:42

which is Tuesday what is the pre-market

00:44

news right pre-market news what are

00:47

names I'm watching

00:49

Right. I'm watching let's say Tesla. Why

00:51

am I watching Tesla? As you guys have

00:53

been watching Tesla, Tesla has momentum

00:54

behind it. Elon just bought a billion

00:56

dollars of that stock. Even though it's

00:59

it sends a signal to the industry and he

01:02

has a new pay package of 8 point at 8.5

01:04

trillion valuation, he gets paid out.

01:06

Him buying a billion of stock is going

01:07

to create a sentiment of like look at

01:09

this guy. He's backing this thing up so

01:11

much. He has so much confirmation.

01:13

drives more money flow, drives more uh

01:15

confirmation, creates some bullishness,

01:17

you know, uh uh news around it and that

01:20

impacts price action. So that's the name

01:23

I'm watching. What is my game plan for

01:25

this? That's where I start to build

01:26

that. Uh and the idea here is once

01:28

that's done at the end of the day, I go

01:30

back and I review that, hey, I was

01:34

watching Tesla. This is what I was

01:35

watching with Tesla.

01:38

What happened? Did I miss something? Did

01:41

I overlook something? Did I become too

01:43

biased about something? Was I now

01:44

understanding like what was it that I

01:46

missed? Oh wow, today Tesla didn't move

01:49

much. Oh, it makes sense. We have FOMC

01:50

this week. Why did I not think that

01:52

market goes very flat when we have FOMC?

01:55

All cash goes side. Like we're not going

01:57

to have movements. Why would I take a

01:58

trade today? Okay, lesson learned. When

02:01

it's FOMC week, don't trade. just not

02:04

not saying don't trade, but that's just

02:06

something like I would look at and I

02:09

would start to see and I would kind of

02:11

base my trading around this. So in that

02:13

in that element of process, these things

02:15

start to really really really play a big

02:17

role into into into driving stuff,

02:19

right? Uh, and then also in terms of my

02:23

process when I'm when I'm looking at

02:26

trades, like I want to walk you through

02:27

a little bit of this part as well, and

02:29

then I'll go into some notes and other

02:31

stuff is when I'm taking trades, and

02:33

this goes this goes across every type of

02:36

trading style, day trading, spring

02:37

trading, position trading, whatever,

02:39

scalping, whatever. I like to set up my

02:43

kind of trades from the point of like if

02:45

I'm looking to go short on ES, right?

02:47

I'll say looking to go short on ES. If I

02:50

see an imbalance in price of 4452, let's

02:52

just say or around that range. Uh 4460

02:55

is a huge volume from week before and

02:58

this is how my game plans would look

03:00

like. Another thing I'll help you guys a

03:02

lot with when you guys are trading and

03:05

you're like in front of your screen and

03:07

you're looking to take a trade, right?

03:09

This thing is like going to help you

03:10

massively and like when you go through

03:12

this afterwards, it's going to be like

03:13

legitimately gamechanging. Like I do

03:15

this for myself even today, right?

03:17

Especially when I go on tilt, like when

03:18

I have tilt days and I go on like crazy

03:20

draw down periods, I I I must do this

03:23

thing to get myself out of it because

03:26

once again, as humans, our minds screw

03:28

us over many many times, right? So

03:30

sometimes when I trade, I will write out

03:33

write out what I'm thinking,

03:37

right? And it doesn't have to be too

03:38

complicated. can be uh looking to go

03:41

long

03:43

at 4500

03:45

because I'm seeing

03:47

um strength on I I don't want to get too

03:53

on this. This is what's giving me this

03:55

uh my playbook is setting up setting up

03:59

good and my checklist for it checklist

04:05

is uh aligning right like that like I

04:08

I'll start writing it sometimes when I

04:10

get a little bit confused and this is

04:12

what has helped me is is if I'm going

04:14

long on a trade I'll start to reverse

04:17

that and say what would make me go short

04:20

what would make me take the opposite

04:21

trade and I have to give an answer. It's

04:23

like prompting chat GPT. You must give

04:25

me an answer. So, you essentially prompt

04:27

your brain and you say, "I'm looking for

04:28

a long to go on Tesla, but if I was to

04:30

go short, if I was to go short right

04:33

now, what would that be?" And then like

04:35

I might say, "Tesla is overextended

04:38

overextended

04:40

for the past five days. We may see a

04:44

pullback. Um, I may say we have FOMC, so

04:48

we might get some weak action." Then I

04:51

start to compare my two thesis and I'm

04:52

like, "Ah, well, you know, I still I

04:55

still think the long one makes more

04:56

sense." The reason I'm I'm anchoring

04:58

with this is because, as I said before,

05:00

because I get unbiased, I get biased

05:02

sometimes. I have to create anchors for

05:05

myself to be like, "Ah, am I being

05:06

biased right now? Am I missing, you

05:08

know, um, some key information because

05:10

I'm looking for," there's a word for

05:11

confirmation bias. It's like when you

05:13

want to go long in a particular trade

05:15

for example and you want to believe

05:16

that's the trade or that's the thing you

05:18

want to be true. You look for all the

05:20

signals that tell you that is true. Like

05:22

for example I can sit here and I can say

05:25

you know water is really bad for you. If

05:27

you go on Google and you ask is water

05:29

healthy for me it'll tell you all the

05:31

ways water is healthy for you. And if

05:32

you go on Google and you say is water

05:33

unhealthy for you it'll tell you all the

05:35

ways water is unhealthy for you. Right?

05:37

But what it'll it'll miss out is that if

05:39

obviously if you overconume water it's

05:42

naturally unhealthy for you. If you're

05:44

drinking like you know 10 gallons a day

05:47

it's extremely unhealthy for you. So

05:49

naturally your your brain in situations

05:51

like this you start to look for

05:52

confirmation bias on what you want. So

05:54

if you have a setup that you want to go

05:55

long in you align and look for

05:58

everything that starts to make it make

06:00

sense to go long. Right? So me writing

06:04

stuff out helps me a lot. makes things

06:06

so much better for me. Uh just kind of

06:08

shows me what is going on and kind of

06:09

takes things from there. I know we're

06:11

running a little bit behind on time, so

06:12

I'm just going to be a little bit uh so

06:15

for example, this is how big news what

06:17

the what does the market need to look

06:18

for now. CPR report a week, FOMC,

06:20

Wednesday, Monday, Tuesday, Wednesday,

06:21

risk off day. So like I'll have days on

06:23

where risk on risk off Wednesday,

06:25

Thursday market reacts, we digest it. Um

06:28

let me just go through. So here's like

06:31

here's like a here's like an example of

06:33

like maybe a a setup, right? Let me let

06:37

me go through another example. So here

06:38

I'll go through this example, right? So

06:40

here's a playbook example, right? And I

06:43

want to kind of touch a little bit here

06:45

as well. And all of this once again goes

06:46

into the data collection part and the

06:48

optimization part. Now, when I go

06:50

through some of my trades, right,

06:52

there's a few things like for example,

06:54

if I have morning top reversal, for

06:55

people that have been following me have

06:57

probably heard this trade name. The name

06:59

doesn't matter. It's irrelevant. What

07:00

matters is your entry rules and exit

07:02

rules, right? So, let's just say I have

07:05

a a morning top reversal, right? So,

07:08

ultimately in simple theory, what am I

07:10

looking for? Right? Uh I'm looking for

07:12

weakness on the open. Uh once again, I

07:15

use orderflow. Don't want to get too

07:17

much into that. because I use orderflow.

07:18

If I identify weakness, that weakness

07:21

will give me a signal to short the

07:23

market. So essentially, we get a gap

07:25

down day, we get a rejection at key

07:27

level. The rejection at key level, I

07:29

would have to confirm that that

07:30

rejection comes from a place of weakness

07:32

from buyers and sellers. And then

07:34

obviously if there's no followthrough of

07:35

aggressive buys and that setup starts to

07:38

happen, right? Uh if you look at another

07:41

another one, you get a gap down,

07:42

rejection at key level, no

07:44

followthrough, price starts to move

07:45

down. same exact thing uh relatively

07:48

same play uh morning top gap we gap down

07:51

see weakness as we move up we start to

07:53

sell off the idea that I'm trying to

07:55

show here if you guys look at the

07:56

consistency of the setups they're rel

07:58

relatively very similar they follow a

08:01

similar process follow a similar

08:03

approach so this goes to everyone else's

08:06

here as well so unless you have these

08:09

approaches with proper data collection

08:12

you cannot ever optimize and know what

08:14

are things you have to do accurately and

08:17

things you don't. So, getting that part

08:19

down is extremely extremely important.

08:23

Uh, same thing with trading setup

08:25

examples. I'm not going to go too deep

08:26

into that. Uh, don't want to go into

08:29

that either. It's going to be all right.

08:30

So, what I'll do right now, I'll show

08:32

you guys a little bit about setting

08:35

things up here and we'll start to go

08:38

into like breaking down some data and

08:41

breaking down how things work and you

08:43

guys will see how everything starts to

08:45

line up. So like here I have my Can

08:47

everyone see?

08:50

Everyone can see. All right. So let's

08:52

just say I start to go here and like and

08:55

I'll probably probably show you guys a

08:58

way to start looking at some data and

08:59

how things would start to align, right?

09:02

So me as a trader, if I'm looking at my

09:03

data, there's there's a few things that

09:05

matter. Like I always say the biggest

09:06

thing for every trader is it depends on

09:08

your average win to loss uh ratio. What

09:10

is your average win to loss? Right? Is

09:12

it 1.2? Is it two? Is it three? Uh

09:15

essentially what this means is what are

09:17

you making per trade? What are you

09:18

losing per trade? So let's say I look at

09:20

this data, right? If I look at this

09:22

data, there's a few questions I have and

09:23

it this all applies to everyone, right?

09:25

Everyone can kind of start to get value

09:27

from here. When I look at this, what

09:29

this starts to showcase to me, uh no, we

09:31

can't see. Oh Sorry. Uh sorry, I

09:35

wasn't seeing. Please zoom it in. Okay,

09:38

hold on. Let me share. Let me reshare.

09:41

Give me one second. Sorry, guys.

09:44

Uh,

09:48

one second. Let me just share this.

09:54

Just give me one second.

09:57

Is it loading?

10:08

Okay. Uh,

10:10

>> why is this not working?

10:11

>> Good thing. What does that mean?

10:14

>> We do have um three people's uh trading

10:18

stats for you to break down. Just

10:19

whenever you're ready, we've got three

10:21

prepared in some slides. So, I'll have

10:22

the team pop it up whenever you're

10:23

ready. Just letting you know.

10:24

>> Perfect. I will do that right now. Let

10:27

me just hit the share entire screen

10:31

window. All right. Can you guys see my

10:34

window?

10:35

>> Um give the team just a second. Okay.

10:36

Yeah. All right. Um team, you guys can

10:38

pop me off again.

10:39

>> Uh okay, cool. So I I'll go through a

10:42

little bit here and I'll start to as I

10:44

was as I was saying I wanted to go over

10:45

some trading stats and stuff and just

10:47

once again all of this applies to

10:49

everyone just to understand. So if I

10:50

look at this kind of data here, um

10:52

there's a few things that people start

10:54

to look at, right? People will look at

10:56

people always go at data and they look

10:57

at 71K, great, I made money, phenomenal.

11:00

I think that's the worst way to start to

11:02

look at data. I think the way to analyze

11:03

data is to go deeper into stats. If I

11:06

look at this particular thing here, I

11:08

would start to go, well, what what what

11:09

are some of some of my problems? Some of

11:11

my problems are number one, uh my

11:14

average winter loss is 1.2, meaning I'm

11:16

making about 6K per trade. I'm losing

11:18

about 5K. This long-term wise is not

11:20

sustainable. I got to get this number up

11:22

higher right now. What do I start to do

11:24

for that? I want to start going into all

11:26

of these trades individually, which I'll

11:28

show you in a second, and I want to

11:30

start to analyze them. I want to say the

11:32

trades that I'm making money on, am I

11:34

actually maximizing the most money I can

11:36

make on them? Am I selling them a little

11:38

bit too early? Am I buying too late?

11:40

Like, what is happening here? Maybe my

11:42

risk amount is good, but I'm not

11:44

maximizing my winning trades. Second

11:46

problem could be am I following my stop

11:49

loss? Right? If your stop loss or your

11:51

risk amount per trade is 3K and your

11:54

average loss is about 5K, why are you

11:56

losing 5K if your risk amount is three?

11:59

What is what is going wrong here? Like

12:01

those are the immediate like things,

12:03

right? Second is when I look at this and

12:05

I see max draw down is 54,000 and your

12:08

net P&L is 71,000. It's like okay well

12:10

what happened here? Right? So, if I go

12:12

into this particular data right here,

12:15

you start to see, okay, we're up at

12:16

114K. We start to have a big nose dive.

12:19

What caused that nose dive of a trade,

12:22

right? I go into that trade. All right,

12:24

-26K on this day, right? What happened

12:27

maybe on this day? 5200, right? What

12:29

happened on this day? 15,000. What led

12:33

in what led me to have this draw down?

12:35

And the reason the processes are very

12:37

important is because these draw downs

12:39

are going to happen, guys. But people or

12:41

traders that are have good processes,

12:43

they can shift away from, you know, a

12:46

bad trading day and come back or bad

12:48

trading week and come back. People that

12:50

don't have a process, they end up just

12:53

going on a massive tilt for many, many,

12:55

many weeks or many, many months. And

12:57

that's something we want to avoid as

12:58

traders. And the way we avoid is once

13:00

again by having that process. So for me,

13:02

a lot of times what I'll do is I'll go

13:03

through data. I'll go through trades and

13:04

I'll start saying, well, okay, let's

13:07

start understanding some trades, right?

13:09

So, if I look at some particular trades,

13:11

let's just say I'll give you guys two

13:13

examples, right? So, if I look at this

13:14

trade, it's like, wow, I lost once

13:16

again, I'll show you some of my data,

13:18

and this is not all of this is in my

13:19

data, but you'll see, oh, I lost $29.

13:22

When I go to this trade, I'll say, wow,

13:24

I was up maybe $60 on this trade. If I

13:27

go to this trade and I want to analyze

13:28

it, I'll say, you know, I'll say, wow, I

13:30

made $1,600. And this is the first thing

13:32

every trader looks at. They'll look at a

13:34

trade and they'll say, "Wow, I made

13:35

1,600. Great." But then when I start to

13:38

go into that trade and I start to look

13:40

at, you know, how much I was down or was

13:42

I down or what that, you know, position

13:44

of that trade looks like, you're like,

13:45

well, why was I down 600 bucks? Why was

13:47

I why was I not profitable in that

13:49

trade? How much was I down? How much was

13:51

I up? What was my running P&L of that

13:53

particular setup? So, even if I go here,

13:55

let's just say if I look at this trade,

13:58

right? Let's just say this trade you

14:00

made $2,100. You go to it, you're like,

14:03

"Well, I was down 2400 at one particular

14:07

point." And then you start to go, "Wait,

14:10

what was my risk amount?" Right? I I

14:12

risked $689 on this trade, but I was

14:16

down over $2,000 at one point. Was this

14:19

a good trade or was this a bad trade?

14:21

This was a terrible trade. Despite me

14:23

making money on this, this was a bad

14:24

trade. And this goes back to my point

14:26

that I was saying early on of you just

14:29

being honest, right, with yourself. And

14:31

like I'll go through I'll go through a

14:32

lot of my data and a lot of my trades

14:34

sometimes and I'm like okay well like

14:36

what happened here, right? Like hey I I

14:38

lost I I I essentially lost 29 grand on

14:40

this particular trade. Uh what happened?

14:42

So here's here's one trade. Uh I'll walk

14:45

you guys through it. Lost 29,000. Uh

14:48

right? What what are the things that

14:49

went wrong? That's what I want to really

14:51

talk about. I I plan to risk $8,100 on

14:56

this trade. Right? Like one second.

14:58

That's what I plan to risk. I lost

15:00

29,000.

15:02

I I lost three times essentially more

15:04

than what I planned to lose, right? And

15:08

what was my setup? Right? Opening sell

15:11

off. Did we get the opening sell off?

15:13

What was my what was my execution? Like

15:15

did did it make sense? What happened?

15:17

Like you know th those things start to

15:19

kind of kick in on this particular trade

15:21

that start to make sense. And then

15:22

obviously if like even if I go on this

15:24

trade I spent most time in draw down.

15:26

this trade spent about 92% of its total

15:29

time in negative PML. Like now imagine

15:32

you see this happen so many times. Like

15:34

imagine I give you a hundred of your

15:35

trades and I say hey uh you know out of

15:39

a 100 trades 80 of them you spent most

15:42

time in draw down. Boom something clicks

15:45

up. Well if I'm spending most time in

15:46

draw down that means my entries are bad.

15:48

I'm taking bad trades. Uh you know I'm

15:51

getting in too late. Maybe I'm chasing

15:52

when the play is already done. Like you

15:54

start to know what to go into. Another

15:56

thing might be you held on to a loser.

15:58

This trade lasted 24 minutes while half

16:00

your losing trades in the past 60 days

16:01

lasted less than one minute. Also ended

16:03

in a larger than average loss. So like

16:05

I'm not losing at this point. I'm not

16:07

losing 29K per trade. Now it's like what

16:11

happened here? What happened on this

16:12

particular day? Right? So that's where

16:15

when you start to go through data and

16:17

you start to look through it

16:18

individually, you start to realize like

16:20

well even days when I am making money,

16:22

right? If like let's just say I do have

16:24

a day where I let's say lost 21 and and

16:26

you guys can see this trade I I've

16:28

essentially lost money and I put no

16:30

setup. I had no setup on this on this

16:32

trade, right? Like I I'll say like hey

16:34

there was no setup. This is like look at

16:35

the entries and exits. It's just messy.

16:37

So all over the place I put no setup

16:39

because once again I'm being honest like

16:40

hey this is a this is a day where I

16:43

didn't have a setup and then the trade

16:44

after I I also made money right? I made

16:47

uh 32,000 and I put no setup. So like

16:50

when I go to this trade and I evaluate

16:52

this trade, I'm able to go and I'm able

16:53

to say, "Hey, there was no setup,

16:55

there's no thing associated with this

16:58

particular trade and I can essentially

17:00

be honest with myself and and move on

17:01

from that, right?" And then also, if you

17:04

guys want to replay some of your trades,

17:06

uh, you know, if you have any trades,

17:07

you took PLTR trades, you want to replay

17:09

that action, you can replay that same

17:10

action, you can go back in time. Uh I I

17:13

know we have a giveaway for trades all

17:15

later today, but if you guys do want to

17:16

track your trades, do want to kind of

17:18

have a place, this is a trade I took

17:20

many years ago, and I can go back to the

17:22

entries and exits. It'll show me where I

17:23

entered, where I exited for that

17:25

particular stock. Uh and I can just

17:27

relearn that same setup over and over

17:29

again. So that's ultimately a lot of

17:31

trade zela is for you guys just to go

17:34

back. Uh you guys can also back test if

17:36

you want to, you know, find out

17:37

strategies, create sessions, um have

17:40

strategies and like, you know, trade

17:42

them, go through them, and uh so on. I

17:44

know we're short on time, so we're going

17:45

to go over some of the trades. Uh

17:50

Tori, you want to share your screen on

17:52

the trades?

17:54

>> Okay. Yes. Give me just a second. We're

17:56

going to have the team pull up. I think

17:58

we've got three ready. Okay, cool. Um

18:00

team, if you guys could maybe change the

18:03

Yep. Sweet. Okay,

18:04

>> I will stop sharing screen.

18:07

>> All right, Omar, let me know if you can

18:08

see these. Um, also team, if there is

18:11

any chance that you guys have the

18:13

information on whose data this is, I

18:15

think they'd be nice to know. I mean,

18:16

it'd be pretty exciting to know that

18:18

Umar Ashraf broke down their trading

18:20

stats. Um, but you can put that in the

18:21

backend comments, but this is it. This

18:23

is the first one we got, Umar.

18:24

>> Okay. So, there there's more information

18:26

I would obviously need to evaluate

18:27

stuff. And what I want to do is like

18:29

it's hard to give answers just off this

18:31

data. I I don't think there's enough

18:33

data set for me to like really be

18:35

critical, but I want to I want to have

18:37

questions for people to ask and I want

18:38

everyone to ask questions about

18:40

themselves, right? So, one is I think

18:43

whenever you have a good profitable day

18:44

or a profitable trade, the question to

18:47

ask and this can be wide for everyone.

18:52

Was that a good loss or was that a good

18:55

profitable trade? And what I mean by

18:57

that is if you have a day, let's just

18:59

assume that September 3rd this person

19:02

made $233.

19:04

Let's assume that on this day, like I

19:06

don't I can't click on it and see right

19:07

now, but I like if you want trad, but

19:10

let's just say on September 3rd, this

19:13

person was down $1,000 but made $2323.

19:17

Let's just assume that. Now, I'm not

19:21

looking at this from a point of like I

19:22

made 2K in the week. I'm looking at it

19:24

from the same concept that I said before

19:26

is what can I learn from this week? What

19:28

are the things I did right? What are the

19:30

things I did wrong? Right? And when I

19:33

start to look at that, I'm like, well, I

19:34

made $233 this day, but I was down

19:36

$1,000. This was a terrible day. What

19:38

what what went wrong? That's number one.

19:40

Number two is when I do look at a lot of

19:42

a lot of data, and once again, you need

19:44

to have a good amount of data

19:46

collection. I think if you have like a

19:47

week or two weeks of of data, it's not

19:50

enough. Like I would at least have three

19:52

months of data to start to see patterns,

19:54

to start to see inconsistencies or start

19:56

to see things that do work.

19:58

>> Yeah.

19:58

>> The second thing is on on all of these

20:00

trades, once again, for whoseever data

20:02

this is, and let's assume this is all of

20:03

our data,

20:05

>> what's the setups that were used on all

20:07

the trades, were the setups consistent?

20:09

Right? So if let's say all of the setups

20:11

on this trade, the trading strategy,

20:13

there was two like opening range drive

20:15

or like morning top setup and th those

20:17

are the two setups. Were the trades

20:20

consistent in terms of identification,

20:22

in terms of entry, in terms of the setup

20:24

and everything? If they were consistent,

20:26

that's great. That's phenomenal, right?

20:29

Uh my other question that comes down to

20:31

here is like what was the uh running P&L

20:35

of all these trades, right? Were these

20:38

trades like on Monday uh September 1st,

20:40

the person made $845? Did was that trade

20:43

immediately in profit or did that trade

20:45

spend 30 minutes in draw down? uh like

20:48

what what did that look like? My other

20:49

question now goes into like what were

20:51

your average winning trade stats, right?

20:53

What was your average whole time and

20:54

winning trades? Was there consistency to

20:56

that? Right? Uh another thing I look at

20:59

and I think everyone should kind of

21:01

challenge them themselves in trading is

21:03

I always say uh you don't realize how

21:05

good a trader is by their profitable

21:08

periods. You realize how good a trader

21:09

is during their unprofitable period. So

21:12

when they go and draw draw down, how

21:13

quickly they're able to bounce back. uh

21:15

how quickly they're able to realize they

21:17

messed up because like we as traders are

21:19

going to mess up from here till forever

21:21

as long as we trade. So when we do mess

21:23

up, how quickly are we able to identify

21:26

like, hey, this is what I messed up on.

21:28

I had a draw down on the 11th $289. Not

21:30

the biggest thing, but what if it was

21:32

2K? How did I let it get to 2K? How did

21:35

I 2K? Right? And also once again, like

21:37

there needs to be a good amount of data

21:39

collection for for for you to have some

21:42

good valuable insights in my opinion.

21:44

Okay, that's fair. Um, and as far as

21:47

setups go, maybe instead of, you know,

21:49

opening drive, I don't know what that

21:50

means, but let's assume maybe it's a

21:52

break and retest or it's a trend line

21:54

break or a trend line bounce.

21:55

>> Any any setup. Wow, the next one. A lot

21:57

of red.

21:58

>> Okay, let's move on to the next one.

22:00

>> Okay, what do we got here?

22:03

>> Oh man, just

22:07

wow.

22:07

>> Looking rough. It's It's a rough and

22:09

tough one. We got

22:10

>> Okay, so so let's look at the poss.

22:12

There's some pauses here first, right?

22:13

Uh the one positive is is is the losses

22:16

are relatively consistent of like max

22:19

$100, right? Uh

22:23

okay. So that's kind of

22:27

kind of good, right?

22:30

The good thing about this data once

22:31

again is is this person has not had one

22:34

or two trades that blew their account.

22:36

Okay? So a lot of times that when I see

22:38

bad data it's like you know losing 100

22:41

100 100 then you have a day where you

22:42

lose like 5k and that just kills

22:45

performance right so that's the that's

22:47

the one upside that I see here which is

22:49

like hey you're you are maintaining risk

22:52

to be somewhat consistent okay

22:55

uh win percentage is terrible so I think

22:57

the big question that comes into data

22:59

that looks similar to this is like what

23:01

are the setups how are you not able to

23:03

execute those setups like what is

23:05

happening with these trades Are you

23:07

actually maximizing these trades to its

23:09

full potential? Are you taking the right

23:11

trades? Right? Because all of these

23:12

trades that have happened could be the

23:14

worst trades possible and they're just

23:16

ultimately kind of not working out. So

23:19

they are managing the risk correctly in

23:21

my opinion. That's good. But they're

23:22

just taking terrible trades because it's

23:24

like you have a 30% 35% win percentage

23:28

and that that's okay. The 35% win

23:30

percentage isn't the end of the world.

23:31

But I think if you have a trading

23:34

approach where you're looking for a

23:37

smaller win percentage, your average win

23:39

to loss ratio has to make sense. Whereas

23:42

for this person, it's not even a one.

23:44

>> So the problem here is like your average

23:46

win to loss is not even a one. Your win

23:48

percentage is 35%. If this person keeps

23:50

trading this way, they're going to keep

23:52

losing money. What I would do here is

23:54

obviously I would go through every

23:55

single trade individually and say all my

23:58

losing and losing trades. Were they

24:01

trades that fit a setup criteria,

24:03

playbook, whatever the case is, or no? I

24:06

would separate both of them. I would

24:08

say, well, out of these, give or take,

24:10

there's 80 trades, out of these 80

24:12

trades,

24:14

40 of them or let's say losers or not

24:16

even, let's just say 50 are losers. Out

24:19

of the 50 trades, only 20 of them

24:22

worked with a good setup. They they

24:25

actually applied. The other other 30

24:28

didn't make sense. So now what you start

24:29

to do is you start to alter your data a

24:31

little bit. You start to say, "Well, I

24:32

have 50 losing trades. I take the 20

24:34

good losing trades out and I eliminate

24:37

the 30 bad ones. What does my data look

24:39

like now?" So what's the one mistake I'm

24:41

making? One mistake is I'm just taking a

24:44

lot of stupid trades. So if I cut down

24:46

my my my stupid trades that I take that

24:48

don't fit my playbook, my win percentage

24:51

maybe goes up 55%.

24:53

My average win loss ratio goes up 1.4.

24:56

And once again, this is not this person

24:58

isn't going to magically become

24:59

profitable, but a lot of times you can

25:01

work through the process of elimination,

25:03

eliminating some of that data you have

25:05

and saying, well, this shouldn't have

25:07

been taken. This should have been taken.

25:10

And when you start to alter that a

25:11

little bit, you start to see what would

25:12

your data look like if you did take the

25:16

right trades, right? And then I would

25:18

look for that. If none of these trades

25:19

make sense, then it's just like, okay,

25:20

only thing this person is doing right is

25:22

the risk management is good. True.

25:24

>> And which is allowing them to last for

25:26

as long as they're lasting. Uh but it's

25:29

still it's still something to go into

25:31

individual trades to see what that is. I

25:32

would also look at the trades that had

25:34

big big wins because I I'm seeing like

25:36

two three trades at 250 250.

25:38

Were those anomalies? Were those

25:40

something that they set up and that that

25:42

requires this individual to spend a day

25:45

Saturday or Sunday of going through all

25:47

of these trades one by one?

25:49

>> I mean at least they have the data so

25:51

they can start to comb out what's not

25:53

working.

25:54

>> Yeah.

25:54

The question here comes like is this

25:56

good data or is this bad data?

25:58

>> Right. Right.

25:58

>> That that's question like is this good

26:00

data or is it like is it bad data? So I

26:03

would go into these trades and and

26:04

individualize them and see right because

26:07

like when someone sees this right away

26:08

I'm not good at trading. Sure fine but

26:11

is it you're not good at trading or your

26:14

data or the trades you've taken or

26:16

weren't good trades. Now, if I was to go

26:18

through all of these trades individ

26:19

individually with this person, right,

26:22

and I was to like break down what

26:24

actually work, what was actually part of

26:26

their playbook or their approach they

26:27

have, if they have one, and we start to

26:29

eliminate the ones that don't, this data

26:32

might look very different, might look

26:34

better. Then you start saying, well, my

26:36

strategy or approach does work. It's

26:38

just sometimes I overtrade and I take

26:40

stupid trades and I take trades that

26:41

don't fit my setup. Or the other part is

26:43

like this person has no strategy.

26:45

They're just doing a bunch of random

26:47

trades.

26:48

>> Yeah.

26:48

>> But they're man managing the risk well,

26:50

which is once again the only good part.

26:52

>> I mean, at least there's something here.

26:54

Okay, so the risk are good. Um, all

26:55

right. We're going to move on to the

26:57

last one here. Give me just a second.

26:58

Let me get the team to scoot it over. I

27:00

think we've got one more.

27:02

>> Um,

27:04

oh, and also, we've got a lot of

27:06

comments in the chat that we may have to

27:07

do this again, but next time you break

27:09

down my trades,

27:11

>> so maybe we got a part two here.

27:12

>> Okay, we we can do that. All right. Um,

27:16

okay. Here we go. This one helps a

27:18

little bit more. I feel like we can see

27:19

a little bit more data here.

27:21

>> Yeah, this one's a little bit better.

27:22

But also, once again, like I think the

27:24

dashboard is cool, but it in order to

27:26

really dig dig deep, and this is for

27:28

everyone to dig deep, you have to

27:29

individualize the trades and days and

27:30

see what everything looks like. So,

27:31

obviously, when you look at it from a

27:32

higher level,

27:34

the last thing I'm looking at just to go

27:36

where my eye is going that that that

27:38

matters the most is the first place I'm

27:40

going is what is the average win to loss

27:41

ratio, right? It's a one, which to me is

27:43

like you're making

27:46

the same amount relatively to what

27:48

you're losing, which is a problem.

27:49

That's an area of impact. That's an area

27:51

that people should work on immediately,

27:52

right away, right? Um the second part is

27:56

I'm looking at the losses, how the

27:57

losses turn out. Uh I'm seeing a little

28:00

bit of inconsistency in losses. Like I

28:02

think the largest losing day looks like

28:03

it's 400 bucks. You have some like 300

28:06

300. Uh I'd be curious to know why that

28:08

400 b $400 day happened. Uh the other

28:11

thing I would look at and this is also

28:13

important. Those two really big green

28:14

days, right?

28:16

Was that planned or was that just luck?

28:19

Like was that like actually dynamically

28:21

risking the trade? Like you had dynamic

28:23

risk or was it just

28:26

was it just like you you oversized when

28:28

you shouldn't have? And the reason I say

28:30

that is because two three trades that

28:33

weren't planned and that were random can

28:35

alter data. And those trades that that

28:38

those two trades could be the reason why

28:39

this account looks like it's up 24,400

28:42

bucks compared to maybe $1,200,

28:46

>> right? And like as I said, when you get

28:48

to stage four and five, those are the

28:50

trades and outliers that help you grow

28:52

your account and help you do well. But

28:54

is this person on that stage of doing

28:56

that? Was that plan was that by random?

28:59

If that was random, then it's a it's a

29:02

problem because you don't want to have

29:03

random events in your trading data that

29:05

weren't essentially planned to alter

29:07

your data, right? It's the same thing if

29:08

you have a big draw down and alter your

29:10

data. It's like, well, I was trading

29:11

really good and I screwed up. Yeah, it's

29:13

the reality of trading, but like how do

29:14

I avoid this to happen again, right?

29:16

Because those two trades where this

29:18

person maybe oversized could have went

29:20

the other way. Now, if it went the other

29:23

way, instead of this looking like a P&L

29:25

of 2,300 bucks, it would have been a a

29:27

P&L of maybe even the negatives, right?

29:30

Those could have been negative 1,000,000

29:32

days and like accounts blown, right? So,

29:34

that like just immediately what pops up

29:36

in my eye is obviously obviously those

29:39

things. I I I always also look at things

29:41

from a risk perspective.

29:43

uh you know even even when I have

29:44

winning trades and I see people have

29:46

winning trades my question is always

29:47

you've been making five draws per day on

29:49

a trade or per trade or per day whatever

29:51

and then randomly you have a 4K day wait

29:54

hold up time out

29:55

>> let's go into that 4K day

29:57

>> what did you risk now if you're like oh

29:59

I risked $500 and this trade just worked

30:01

out in my favor but if you go and you're

30:03

like well I risked 4K to make that 4K or

30:06

I risked 5K to make that 4K I'm like

30:09

wait hold up so you're telling me this

30:11

one trade could impacted a lot of

30:13

performance. Like this is something we

30:15

need to guard real for moving forward.

30:17

It's not the end of the world, but like

30:19

moving forward, we need to protect that

30:21

we don't do this again. We we we because

30:23

once again, as as I said before, we're

30:25

all going to make mistakes. I make

30:26

mistakes. You guys are going to make

30:28

mistakes. It's going to happen. But the

30:29

idea is how do we have guardrails that

30:31

when these mistakes happen, we don't go

30:33

on a crazy tilt down over and over

30:35

again. So when you guys look at your

30:36

data, these are questions. Big losses.

30:38

What what triggered them? Why? Why?

30:40

Like, why did I have this $400 loss? As

30:42

I said very, very early on beginning of

30:44

all of this is we can control our

30:46

losses. If you can control your losses,

30:48

why did you have a $400 loss? Was that

30:49

planned? If it was planned, that's

30:51

another conversation. If it was not

30:53

planned, that's where it becomes a

30:55

little bit problematic, right? Uh yeah.

30:59

So, that that's that would be it. But I

31:00

would individualize all the trades. Make

31:03

sure there's a playbook with the trades.

31:05

Make sure you have your entry rules,

31:07

exit rules, and just, you know, if you

31:08

if you spend if you spend a day with

31:10

like a hundred trades that you have, and

31:12

you start to go through all of those

31:13

trades, I promise you're going to have

31:15

the biggest breakthrough in your trading

31:17

in terms of just identifying

31:20

your own stupidity. And like I still

31:23

have my own stupidity. Like I could talk

31:25

about hours, right?

31:29

>> All right. Okay. Um, so I mean I guess

31:33

essentially based on the information

31:34

that we've been able to see so far, like

31:36

yes, we can go off your average win to

31:38

loss. The um, profit factor is fairly

31:40

important in the win percentage based on

31:41

how many trades you've got and what your

31:43

average win to loss is is helpful. But I

31:45

think Umar's point here is just like

31:47

there's got to be so much more

31:48

information. We got to see each setup.

31:50

Are you tracking good data versus bad

31:53

data? Do you have something that's

31:54

consistent? Were these random $400 days

31:57

actually random? What was the risk for

31:58

them? So, just being able to go back and

32:01

identify what all of these trades have

32:03

in common, like is this a good system?

32:05

This is hard for even Umar to tell just

32:06

by looking at this dashboard because we

32:08

need to go further into each trade and

32:10

see. Sweet.

32:11

>> Yeah. The thing with all all your all

32:14

your trades you guys take, right? And

32:17

you guys can do it in a notebook. Do it

32:18

wherever. I'm not saying to do it on

32:20

this particular platform, but every

32:21

trade you guys take, you you guys should

32:23

have like if you have let's say 20

32:26

trades, you should have, hey, what was

32:27

the strategy or setup for this trade?

32:30

And I think then you go back and you

32:31

say, was that actually the approach or

32:33

am I just saying it was the approach?

32:35

And I think if you look at 20, 30, 40

32:37

trades and you start to see the

32:38

consistencies or inconsistencies of

32:39

that, you start to realize like, oh

32:42

like this setup isn't actually

32:44

good. Like it doesn't really make sense

32:46

or I can't execute this setup, right?

32:48

There's two parts of it. One is like

32:49

does this setup or strategy make sense?

32:51

But the second is like you cannot

32:53

execute it. When the strategy or setup

32:55

approaches, you wait 20 minutes. When

32:57

the move is done, you get in too late or

32:59

you get in too early or any red candle

33:01

shakes you out. And these are things

33:02

where once again, as I said before,

33:05

>> look at things from a point of what can

33:06

I learn from this? What can I take away?

33:09

And how do I ultimately get better? And

33:11

you use that loop over and over again.

33:13

>> Deal.

33:14

>> Yeah.

33:14

>> All right. Thank you, Omar. You actually

33:16

ended up being right on time. So, way to

33:18

go.

33:18

>> Okay, cool. Yeah, I was I was I was

33:20

thinking about time. I was like, I don't

33:21

know if I'm gonna

33:22

>> No, you were doing amazing.

33:23

>> And thank you so much for your time,

33:25

Omar. We appreciate it. And I feel like

33:27

everyone in the chat today was writing

33:29

down notes. Everyone was incredibly

33:31

respectful of your time just like I am.

33:33

So, thank you so much again for sharing

33:34

and thanks you for uh I'm getting

33:36

nervous.

33:36

>> Appreciate it. Thank you so much. I will

33:38

be hopping off. Appreciate you guys.

33:40

Thank you and uh enjoy.

33:42

>> Awesome. Thanks, Amar.

33:43

>> Bye.

33:43

>> Bye.

33:44

>> All right, guys. Give me a second. My

33:45

team's going to get the some slides up.

33:48

Um, my camera thing. Okay, there we go.

33:52

So, first, let's let's make sure

33:54

everybody's here. Um, I got some quick

33:56

questions to make sure that you guys

33:58

were actually

34:01

utilizing Umar's time. So, I got some

34:03

questions for you. I was taking notes,

34:05

so I hope you guys were as well. First

34:07

question for you guys, what stage are

34:10

you in? So, this is going back to when

34:13

Umar was first starting going through

34:14

these five stages. What stage is

34:16

everyone in?

34:18

Dude, I know my team is fast. My team's

34:20

good. They're on it.

34:22

Okay, I need to see. We've got a lot of

34:25

a lot of ones. We've got a few twos.

34:28

Someone's got a two and three. Amazing.

34:30

Let's go.

34:32

Okay, so you guys were paying attention

34:34

here. Okay, check number one. You guys

34:36

passed. I'll take it. I'll take it.

34:39

Okay. And then the next thing I want you

34:41

guys to give me a few examples of bad

34:44

data. What is a few examples of bad data

34:47

here?

34:50

And I'll wait in the chat. I got to make

34:51

sure you guys got all of this

34:52

information down. I wrote my examples

34:54

down. What are a few examples of

34:57

tracking bad data

35:02

or not tracking at all? There we go.

35:04

Random entries. Not tracking at all.

35:06

Yes. No setups. That's what I wrote

35:08

down. No setups, not being consistent.

35:11

Yes, I wrote that down as well. My

35:15

answer is different strategies. That's

35:17

correct as well. Inconsistent risk.

35:19

Okay, good. You guys are paying

35:20

attention. That's what I'm talking

35:21

about. Let's go. Mine was no setups, no

35:24

strategy, inconsistency, and not proper

35:28

risk management every time. Remember, we

35:30

need to keep the variables small. So,

35:31

this was really cool to even see that a

35:33

trader like Umar has some of the same

35:36

like main goals here when it comes to

35:38

trading. Variable small. Make sure

35:40

you're tracking. Make sure we're

35:42

consistent.

35:43

Okay. Now, what are some examples of

35:45

good data?

35:48

What is good data to track that is

35:50

helpful? That is conducive.

35:55

There we go. Good data, proper risk

35:57

management. There it is.

36:02

the same risk, correct? Consistent risk

36:06

strategy. Several strategies would be

36:08

technically um well, I guess if you were

36:10

tracking each one separately to see

36:12

which one works, then yes, I could see

36:13

that.

36:15

Um the time of day.

36:17

Okay, amazing answers, guys. Mine was

36:21

making sure that there are a small

36:22

amount of variables. That's good data.

36:24

Consistent risk size. um even like hold

36:27

times, hold times, types of setups, um

36:31

even the instruments you're trading.

36:33

This is all good data. This means that

36:35

it's keeping the variables small so we

36:36

can if we need to make one small change,

36:38

we can see a direct result or a direct

36:41

reflection of that small change.

36:43

Okay, way to go guys. Now, I've got a

36:46

very last question. We went over good

36:48

data, bad data, what stage you are in,

36:51

and the last one is how important is

36:53

data collection?

36:55

How important is data collection?

36:59

This one is a nobrainer.

37:03

And while I've got you guys figuring

37:05

out, boom. Exactly. Very important, if

37:09

not one of the most important, I'd say

37:11

besides keeping your capital, tracking

37:14

your data is right up there. Huge key.

37:17

All right. Next question that I have for

37:19

you guys is, so these were my questions.

37:21

These were my main points that I got out

37:22

of it. But now, what are some of your

37:24

favorite parts that you got from Umar's

37:25

session today? What are some of your

37:27

favorite key points? Um, maybe a note

37:30

that you had to circle that you

37:31

underlined because it was incredibly

37:32

helpful for you. What is one of your

37:35

favorite parts from Umar's session

37:37

today.

37:40

Let's see what we've got. That data

37:42

collection is a gold mine. Absolutely.

37:44

Someone said seeing the features of

37:46

Tradzella, not writing down losses.

37:49

Correct. you should be writing down the

37:51

losses. Tradesella functionality. Okay,

37:53

cool, cool, cool. Um, I could tell a lot

37:56

of the newbies were like, I don't know

37:58

what's going on here. And I was like,

38:00

bear with me, guys. He's on a different

38:01

level. He's on another level.

38:04

I did I did ask him at the beginning. I

38:06

said, listen, don't scare my newbies

38:07

away because I got a lot of them. Okay,

38:10

but you did you guys did amazing. All

38:11

right. Having a weekly process. Correct.

38:14

Yes.

38:15

Filtering the data. Having a playbook,

38:19

highlighting something. It's already

38:20

gone. I didn't even get to see it.

38:21

Trading history,

38:24

data collection.

38:26

Awesome. Awesome. Awesome. Awesome. All

38:28

right, guys.

38:31

How's everybody feeling?

38:33

How's everybody feeling? Are we good?

38:34

Are we good to go? It's been an

38:38

absolutely incredible three days with

38:40

you guys. I'm I'm beyond proud. Like I'm

38:44

a lot of these comments that I'm seeing

38:46

or a lot of these users I'm recognizing

38:49

from even day one. So like being able to

38:51

go back and see like uh Mr. Frost that

38:54

we use as an example or or maybe it was

38:57

Mr. Hope, but like seeing you guys still

39:00

here and show up is one of the absolute

39:02

coolest things. I'm so proud of you

39:04

guys.

39:06

But now based on these three three days,

39:08

knowing what you guys know now,

39:11

are you happy that you showed up? I'm

39:14

thrilled. I'm proud. I feel like mama

39:16

bear. I'm ecstatic.

39:20

Are you happy that you showed up

39:23

to these three amazing days so far?

39:26

Melvin Melvin do is happy. Let's go,

39:30

Melvin.

39:32

Okay, we got the ginger 100%.

39:36

Okay, I'm so excited for you guys. You

39:38

did it. Now, it is time for me to hold

39:42

up my end of the deal. The moment you

39:44

guys have all been waiting for. And the

39:47

coolest part

39:49

is more than half of you guys are going

39:51

to be able to join part of this

39:53

giveaway. It's like a coin flip.

39:56

You guys are going to be able to win

39:58

something from today. It's time for the

40:00

giveaway. So, let's do it.

40:03

5,000 of you guys. 5,000 of you, which

40:07

also there's probably so much more in

40:10

the chat. 5,000 of you guys that

40:12

attended all three days are going to be

40:14

eligible for this giveaway. 5,000 Apex

40:17

accounts are being given away. So,

40:19

congratulations, guys. You made it to

40:21

the end of day three. Now, this is just

40:23

one of the giveaways. This is 50K Apex

40:27

evaluations. And I'll give you just a

40:30

quick overview of what this is. You have

40:33

learned the strategy today. You have

40:35

learned a system. Maybe you do not have

40:38

the capital yet. You're still working on

40:40

demo. And I urge you, listen very

40:43

clearly, please, that you guys continue

40:45

to remain on demo until you have proven

40:49

consistency to to yourself. Once you

40:51

have done that, you've tracked your

40:52

trades, you've gotten in the reps,

40:54

you've seen that you are profitable,

40:56

this is an amazing start. But I will say

40:58

that I only recommend using the 50K

41:01

funded account once you've already

41:04

proven a model or a system or your

41:07

trading to yourself. But this is where

41:09

you can have access to trading $50,000

41:12

worth of capital. It's insane. So just

41:15

make sure that you have done the you've

41:18

taken the reps, you've proven

41:19

consistency to yourself so that you can

41:21

just get the full value of this. So

41:24

that's just one of the giveaways here.

41:26

We also have $2,000 worth of Tradezella

41:29

accounts. So, you guys got to see just a

41:31

tiny snippet of how powerful tracking

41:34

your trading is, of how powerful Trade

41:36

Zela is, how you have to track good

41:40

data, maybe comb out the bad data that

41:42

you're tracking, be able to see the

41:44

progress. So, we're giving away $2,000

41:47

worth of Tradezella accounts.

41:51

Oh, but wait guys, just because you have

41:53

all made me so proud,

41:56

there's more. There's another thing

41:59

we're doing.

42:01

I didn't announce this anywhere.

42:04

Does anybody have any idea what the

42:07

other giveaway could possibly be?

42:11

I am curious. Does anybody know what

42:13

could the giveaway be?

42:17

I got to get these bangs out of my face.

42:18

I'mma let y'all type.

42:21

You guys already get free curriculum, so

42:23

that's just part of it. We'll mention

42:24

that again in just a moment.

42:27

Okay. Okay. No, I don't have a book.

42:30

Someone said, "We get your book. I don't

42:33

have a book." Okay. All right. You guys

42:35

are very close. You're very close. So,

42:38

you already get a and I'll I'll touch on

42:41

it in just a second, but some of you

42:42

guys' answers are already correct. Yes.

42:44

But

42:48

um nope, you don't get a dinner date,

42:50

but I appreciate the enthusiasm.

42:55

All right, are you ready? What do you

42:57

get?

42:59

Are you sure you're ready?

43:02

What anticipation? What could we

43:04

possibly be getting? Boom. We're doing

43:08

three scholarships to my private

43:10

program.

43:12

Traders have to be hand selected to be

43:14

able to even join this program. Three of

43:18

you guys today that joined all three

43:21

days qualifies you for this scholarship.

43:25

This is a pretty insane value right

43:28

here. I don't think you guys understand

43:31

the weight of the situation. Three of

43:33

you guys are getting into my private

43:35

program. This is wild. This is

43:38

absolutely wild and I'm so excited. The

43:41

energy has been amazing. Everyone's

43:43

energy. The fact that everyone has been

43:44

committed like absolutely I want you in

43:47

my program.

43:49

So there is one step that I need from

43:51

you guys. Your instructions. How do I

43:55

qualify? How do I win the giveaways?

43:57

Pick me. How? You need to head to the

44:00

community. It's our circle community for

44:02

the trader in three days challenge. I'm

44:04

sure you guys have heard of it. We've

44:05

been using it the whole time to make

44:06

sure that you guys are updated. um so

44:09

that you know the giveaways, all the

44:10

details. Um we've even had some fun

44:12

little snippets uh where I just check in

44:15

with you guys. So make sure one you need

44:18

to go to the circle community the trader

44:21

in three days section. I know you guys

44:23

know what it is. You've been there a

44:24

million times. Now we're going to have a

44:26

section where you mark your attendance.

44:28

Your attendance will be marked here. And

44:31

also if you guys have any questions,

44:33

we're going to have the chat open. So,

44:34

for whatever questions you guys have on

44:36

how to enter the giveaway, how to um

44:38

fill out the form, how to be part of the

44:40

instructions,

44:42

uh we'll we'll have team members in the

44:43

chat here, but how to how to qualify for

44:45

the giveaway. Head to the community,

44:47

mark your attendance, and fill out the

44:48

form

44:51

and then we'll be announcing the winners

44:53

on Friday.

44:55

So exciting. So, the end of this week,

44:57

so go ahead and get your reps in while

44:58

you're waiting to see if you've been the

45:00

chosen one. Um, there's a lot of

45:02

different prizes, so it will be, I'd

45:05

say, scattered among many of you guys.

45:07

So, the odds of at least more than half

45:10

of you guys getting something out of

45:12

today is very high. We're talking

45:14

probabilities and we're talking numbers

45:15

here. And the fact that there are 9,442

45:19

of you guys here on day three is insane.

45:22

That is absolutely insane. I got to go

45:24

back and just because I nerd out about

45:26

this stuff a little bit, the retention,

45:28

the commitment that you guys have had in

45:30

these streams for three days straight is

45:32

almost unheard of. I got to make sure

45:34

that these if these numbers are

45:36

record-breaking, that's going to blow my

45:37

absolute literal mind. So, instructions

45:40

here. This is what the circle community

45:42

looks like in case you haven't seen it.

45:44

This is it.

45:46

You mark your attendance. So, there's

45:47

going to be a mark your attendance for

45:49

the challenge section right here. It's

45:51

in the circle section.

45:56

I'm going to make sure that you guys

45:57

don't have any questions. So, give me a

45:59

second.

46:00

I mean, it looks like most of you guys

46:02

know what the circle community is. If

46:03

you guys are here today, you know that

46:04

all of the announcements we've given

46:05

away. Okay, cool. Everyone says done.

46:07

Okay, way to go, guys. Now, you can you

46:09

can take your time doing it. We we're

46:11

not going to be announcing any giveaway

46:12

winners until Friday. So, just make sure

46:14

those are the instructions. If you do

46:16

have questions about how to enter,

46:18

again, just ask it in the circle

46:20

community. I got my entire team here

46:22

ready to answer questions. So, whatever

46:23

you guys need help with filling out the

46:25

form, finding the right section. Corey

46:27

can't find it. So, that's okay. Corey,

46:29

any questions that you have on trying to

46:30

figure out how to find the form, where

46:32

is it located, just drop a post or drop

46:34

a question in circle and my team will

46:37

get back to you. Okay, many sees it.

46:40

Okay, way to go, guys. All right, now I

46:42

have a question. After these three days,

46:45

would you consider yourself a trader? Do

46:48

you see yourself using what we've

46:50

covered today?

47:01

There it is, man. That's what the lag

47:03

looks like. It's about a solid 20

47:05

seconds. Adrian does. Let's go. Ian

47:08

does. That's what I'm talking about.

47:12

I know Lou has been in here. Lou, where

47:15

are you at in the chat? Lou, I know

47:17

you've been DMing me. You've been

47:18

asking, and I was like, this three days

47:21

is it. I don't know, Lou, if you've made

47:23

it all the way to day three, but I've

47:25

been so excited to see you here. Okay,

47:28

Brooke, I know Brooke's in here today. I

47:29

know Mandy's in here today. I know

47:32

Katherine's in here.

47:34

Okay. Okay. Okay. That's what I'm

47:36

talking about. Let's go, guys. Amazing.

47:39

This has been an amazing three days.

47:41

What What value. Now, I will say for I

47:47

know the the newbie traders got an

47:48

absolute immense sense of value, but

47:50

even for some of the vets here, even if

47:52

you only implemented one thing that

47:54

we've learned over these fast three

47:57

days, technically these are very fast

47:59

three days for these last three days, do

48:01

you think it was still time well spent

48:05

for the vet traders? Even if you got one

48:07

thing,

48:09

maybe you relate a little bit more to

48:10

Umar, maybe you've got a little bit more

48:12

in your system, maybe you are part of

48:14

the YouTube academy and you're like,

48:16

man, if I could just comb some stuff out

48:17

here, simplify just a little bit. Okay,

48:21

so Jason says, "Time well spent. I'll

48:23

take it. I'll take it."

48:25

So for the vet traders, if you just got

48:28

one thing out of this, is it still time

48:30

well spent? I'll take it, Angie. Good to

48:32

know. Sweet. Let's go, Chris.

48:36

Awesome. Thank you guys. Thank you guys.

48:38

I'm so I'm so happy to hear it. Let's

48:40

go. Okay. I am curious.

48:44

Would you like to spend even more time

48:46

together going deeper? Mr. Hope. There's

48:49

Mr. Hope. There is Mr. Hope. I was

48:52

wondering where you were.

48:55

Okay, let's go. Claire. Claire, I see

48:58

you. I don't know if it's the same Cla

49:00

I'm thinking, but hey, Claire.

49:02

All right, I'll take it. I'll take it.

49:05

I'll take it. Now guys, I have to I have

49:08

to say this again. I do have to say this

49:10

again. I got to honest truth here.

49:14

Even after these three days, even after

49:17

4 hours of strategy yesterday,

49:20

I know as exciting as it is, those three

49:23

days are not going to build years of

49:26

habits. So just making sure that we

49:28

totally understand that I have given an

49:31

immense I mean as much as I possibly

49:33

could in three days but just making sure

49:35

that we understand it. Okay. All right.

49:38

Amazing. Amazing. But now you've got the

49:40

map, you've got the checklist, you've

49:42

got the system, you got the strategy,

49:43

you got the psychology, you've got the

49:45

proof that it works, you've got the

49:47

believability in yourself. I don't know

49:48

if that's the proper way to say it,

49:52

but these lasting changes takes reps. I

49:55

need you guys to continue to get the

49:57

reps in. Do this over and over again.

50:00

Most of you guys did. At the beginning

50:01

of today's session, I was asking how

50:03

many of you guys continued to place

50:04

another trade after I walked you through

50:07

it. And you guys did. You guys continue

50:09

to do it. You were confidently able to

50:11

place the next trade on your own. But

50:13

now continue to get the reps in. You

50:14

guys got to keep going. And then you got

50:16

to make constant improvements. How do

50:18

you do that? You got to track your

50:20

trades. But also staying disciplined.

50:22

It's it's a matter of just I mean this

50:25

is like very similar to working out. You

50:27

just you want the results the one day

50:30

you go to the gym. Yeah. But you won't

50:31

see them until a month later, two months

50:33

later. So making sure that you're

50:35

getting the reps in, you're making the

50:36

improvements when you need to, and

50:37

you're staying disciplined, actually

50:39

showing up. But now I had two choices.

50:44

Choice one, I had two choices at the the

50:48

end of today. Choice one, we get in

50:51

today. It's the last day. Amazing. You

50:53

guys did incredible. But I could wish

50:55

you guys luck. And I'm pretty confident

50:57

in a lot of you guys. So proud. So

50:59

excited. And I could hope that the

51:00

replays are going to be enough for you

51:02

guys to piece together on your own,

51:03

which everyone in the community, if you

51:05

are part of the circle community, you

51:07

get the replays. So amazing. I can hope

51:10

that you're going to take these replays.

51:11

I hope that they're enough and you piece

51:12

them together and you do this over and

51:14

over again.

51:16

Some of you guys are. Some of you guys

51:17

are going to take that and just run with

51:18

it. I don't doubt that for a second.

51:22

Others may skip some steps. You might

51:25

find yourself second-guing on how to

51:27

trade. Maybe a week, two weeks from now,

51:30

you're like, I think I'm falling off a

51:32

little bit now. I'm not so sure.

51:36

For the category of you guys that were

51:38

the that will, you will take what I

51:41

taught you in these three days and run

51:42

with it. For those of you guys that got

51:45

the value you were looking for these

51:46

past three days,

51:49

would it be okay with you guys if I

51:51

offered something more to those that

51:53

want to keep going? Something more to

51:55

those that maybe in a week or two they

51:58

might fall off. Is it okay with you

52:00

guys?

52:04

Okay.

52:06

All right. Justin says yes. Madden says

52:08

yes.

52:10

Remar says yes. All right. I'll take it.

52:13

I'll take it then. Let's do it. Let's do

52:15

it. Here we go.

52:18

Choice number two,

52:20

we take a more active role in your

52:22

success.

52:24

We do the live reps with you, help you

52:26

nail the system until it is second

52:28

nature. You see that setup, you're not

52:30

even overthinking. You're not taking

52:32

your time. You see it and you do it.

52:34

It's second nature to you. And give you

52:37

the accountability to go from, yeah, I

52:40

get it. Like yesterday, most of you guys

52:42

were like, "Yeah, I get it." Which, as

52:44

you should, I broke it down as much as I

52:46

possibly can. I get it. Yes. But I want

52:49

you guys to go from, "I get it." to,

52:50

"Okay, I do this consistently. I do it

52:53

over and over again."

52:56

If you felt clarity on trading over the

52:59

last three days, which I can tell you if

53:01

you go do any more research on YouTube,

53:03

you are not going to find a system as

53:06

easy to understand as this one, as

53:08

digestible.

53:10

And I'm not going to throw any shade on

53:11

Umar, but after Umar's session today,

53:13

you're probably like, "Thank gosh I'm

53:14

here with Tori."

53:17

You will love what happens when we keep

53:19

going together.

53:21

This is why it is my pleasure to

53:23

introduce

53:27

the trendline circle. Welcome to the

53:30

circle. We got jackets, y'all. What is

53:32

What is the trendline circle?

53:36

This is our hands-on path to help you

53:38

lock in the system.

53:41

Stack the reps in. Keep it going. Keep

53:44

it going.

53:46

Move towards consistent income to be

53:48

able to actually Now you guys see the

53:50

money. You see it sim. You see it demo.

53:52

You see it fake money. We want to work

53:55

you towards seeing this with live

53:57

capital. Now this right here is going

54:00

out to I believe I had a conversation

54:01

with Brooke. I don't know if Brooke is

54:03

in here today. I had a conversation with

54:04

Maddie. You guys are already sending me

54:06

DMs. This is for you guys.

54:10

So, you will get the complete trendline

54:12

curriculum. Now, this is different.

54:14

Remember, you guys all just for showing

54:16

up for these three days already get

54:18

access to the private curriculum that I

54:20

have worked weeks for. But this is

54:23

different. You guys will get access to

54:25

the complete trend line curriculum, the

54:27

structure from beginner to pro,

54:30

hours of training.

54:32

My team has probably lost a lot of

54:36

gotten a lot of gray hair. We'll say

54:37

that. Or lost hair like

54:41

private community with me. So, this is

54:44

where we hold you accountable. And I

54:46

know I held you guys accountable on

54:48

these past three days, but who's going

54:49

to hold you guys accountable afterwards?

54:51

Now, I know Katherine had a group of

54:53

five, so she's got her little community.

54:56

But if you don't have your community, if

54:58

you don't have your group of five, this

55:00

right here is the community to have that

55:02

accountability. We're gonna make sure

55:04

you're showing up.

55:06

And also the relationships that you

55:08

build in here, I kid you not, guys, is

55:11

there is no price you can put on that.

55:13

The people that I have met in now

55:16

virtually, not in person. Actually, you

55:18

know what? There is one that I did meet

55:20

and that is Hunter. But the

55:22

relationships that you guys make inside

55:24

this community, there is not a price you

55:26

can you can put on that.

55:28

What you'll also get is these daily live

55:31

trading sessions. So, you know, the

55:33

session that we worked on yesterday was

55:34

at the very end, but I was able to kind

55:36

of walk you guys through placing that

55:37

live trade.

55:39

This part is wild. Imagine being able to

55:42

do that every day.

55:46

Every day that the market is open, my

55:49

team can help walk you guys through

55:51

placing trades, identifying setups,

55:54

every single day live.

55:56

This what this includes is just

55:59

absolutely mind-blowing to me and I'm

56:01

just I'm so excited.

56:03

Real time market conditions. So, this is

56:05

like we're all seeing exactly what the

56:07

instruments are doing, what the market

56:08

is doing in real time. It's live. But

56:11

now the Q&A sessions. This is this is

56:15

something that I've been wrestling with

56:16

and I was like I the community needs it.

56:18

We we've got to add it. So, this has

56:20

been one of the absolute biggest

56:22

additions here is the two sessions with

56:25

me. Now, this is very intimate. I've got

56:29

8,000 of you guys, 8,856 with you guys

56:32

that we're going to do Q&A's today as

56:34

much as we can. Imagine a much smaller

56:36

group. Personalized feedback from me.

56:39

So, we do that twice a month.

56:41

So, whatever you guys need help with,

56:43

what you particularly need help with,

56:45

we'll get personalized feedback on that

56:47

Q&A session with me twice a month.

56:51

Daily trade ideas. So, imagine that you

56:54

are waking up every morning. You got

56:55

your coffee. I haven't had one sip. You

56:58

got your coffee here. Imagine being able

57:00

to see an entire daily trade idea

57:03

section. It'll show you where you should

57:06

have your lines on your chart and even

57:08

some explanations on, okay, I would be

57:10

thinking if gold breaks this line, we're

57:13

thinking long positions. If gold breaks

57:15

this line, we're thinking short

57:16

positions. This is every single morning

57:18

with your coffee every day, daily trade

57:23

ideas, screenshots, explanations. It

57:25

does not get any more clear than that.

57:28

You'll also get alerts. These are not

57:31

signals. I don't know how much I mean

57:33

newbies you guys don't even know what

57:34

that means so it's fine but for the vet

57:36

traders please do not confuse this with

57:39

signals I don't do signals to trades not

57:41

a signal trader I don't do signals but

57:43

this is different this is trend line

57:45

alerts so you guys will get the same

57:47

alerts that I get my phone will go off

57:49

when either platinum is breaking a line

57:52

um maybe now I do still have my charts

57:55

marked up for like gold and silver even

57:56

though I don't trade them but you guys

57:58

will get the same alerts that I get

58:00

in addition

58:02

You guys will get to see my live chart

58:04

markups. Whoops, I moved too fast. You

58:06

guys will get to see my live chart

58:07

markups. So, this is the best place to

58:09

like cross reference. This is what my

58:11

chart looks like. What does Tori's chart

58:13

look like? Does it look the same? Are my

58:15

lines in the right spot or are they not?

58:18

And then also when you're in the

58:20

community, so you guys already get

58:21

access to the community. Build the

58:23

relationships that you have, but also

58:24

tag me. Tag me, tag the team, ping us.

58:27

Ping us when you need us.

58:30

And now the final part. Hold on. I got

58:33

to take a sip. I got a sip. Gotta sip.

58:35

Got a sip. Gotta sip. This one's so

58:36

exciting. This is This is going to blow

58:38

everybody's mind. I don't think anyone

58:40

saw this coming.

58:44

Oh, what is this?

58:48

This is the 21-day accelerator. I don't

58:50

know if you guys have heard it. It was

58:52

discontinued. We are resurrecting the

58:55

21-day accelerator. I don't know if you

58:58

guys remember that. How many do you guys

58:59

remember the accelerator? Do I have any

59:01

previous accelerator students in here?

59:05

Resurrection. I feel like this is a

59:07

sequel. This is like a Fast and Furious

59:09

sequel. We got the 21-Day Accelerator

59:11

Resurrected.

59:13

This is wild. Now, if some of you guys

59:16

don't even know what that is, it was a

59:18

program that was discontinued. We

59:20

stopped it. We did the last one not too

59:22

long ago, but why why did we stop or why

59:24

did we discontinue the accelerator?

59:27

It was incredibly intensive. Let's just

59:30

I mean point blank period. This was

59:31

intensive.

59:33

Think like a Navy Seal boot camp but for

59:36

traders. And I'm not I'm not major pain,

59:40

but it was it was very intensive. This

59:43

was three weeks of like go go go.

59:48

But if we're being honest here, it

59:51

worked. The accelerator worked. So

59:54

regardless of how intensive it was, it

59:56

it worked. Now let's look at Diego. Now,

59:58

the the coolest part is I know every

00:00

single one of these people. I know every

00:02

single one of these guys that we're

00:03

about to see here. Diego, which I don't

00:06

know if Diego's in here today, but hey,

00:07

Diego. Fully learned the entire strategy

00:10

and left with a complete tool set to

00:12

grow.

00:14

Way to go, Diego.

00:17

Now, we've got Joseph. Joseph went from

00:21

confused to confident in his trading.

00:25

But this is the difference here is he

00:27

didn't do this in three weeks or three

00:29

days. He did it in three weeks. Like

00:31

there's just a different kind of

00:32

confidence that you get. I know that I

00:34

showed you guys the confidence on day

00:35

two and you understood it and you saw

00:37

it, but will you still have that same

00:39

confidence three weeks from now is the

00:40

question. Bruno, we love Bruno. Bruno, I

00:44

hope you're watching today. Bruno is our

00:46

crypto guy. Bruno moved from years of

00:49

just mild results to a consistent,

00:51

repeatable strategy and started trading

00:53

full-time.

00:55

Let's go, Bruno.

00:58

Okay, so this is the breakdown. Now, I

00:59

did see some of you guys say that you

01:00

don't even know what the accelerator is.

01:02

So, you don't know the weight of the

01:03

situation here. You don't know how

01:04

incredible this is. So, let me just give

01:06

you the breakdown of what the

01:07

accelerator actually was.

01:09

So, it was a 3-week intensive boot camp.

01:12

I mean, essentially, and the first week

01:15

we went over psychology. So, if any of

01:17

the analogies helped you from yesterday,

01:19

imagine going over an entire week's

01:21

worth of psychology. This was one week

01:24

of psychology analogies that I remember

01:27

10 years ago to help me think about my

01:30

trading.

01:32

Week two is strategy. So now we get an

01:34

entire week together. Not a day, not a

01:36

single day and four hours. There's still

01:39

like there's still so much more I want

01:40

to show you guys. I want to go more in

01:42

depth on the bounce setup. I want to go

01:43

more in depth on the retest. But you

01:46

guys at least have the the solid

01:48

foundation of this is how we give

01:50

structure to our trend lines and this is

01:52

how we draw the trend lines and this is

01:54

a trend line breakout setup. You know

01:57

when to get in and you know when to get

01:59

out. But imagine an entire week with me

02:01

being able to just go through all the

02:03

different setups here.

02:05

And then week three is just to see it

02:07

done in real time. So week three is

02:08

implementation. You get to see the

02:10

strategy implemented everything that

02:11

we've learned, the psychology and the

02:13

strategy combined. And then we go

02:15

through the trading every day for the

02:16

rest of the week. And that is week

02:18

three. So it is three weeks intensive

02:20

breakdown. But now how much is this all

02:23

worth? What what's the deal here? I know

02:26

I asked the the people here that can

02:29

take the information and run with it. I

02:31

asked your permission. Everyone else

02:33

that's looking for something more that

02:35

wants to continue doing this, wants to

02:37

continue to go deeper, spend more time

02:39

with me.

02:42

The accelerator was valued at $2,000.

02:44

So, these are actual screenshots of

02:46

people that paid $2,000 for the

02:48

accelerator. I don't know if we've got

02:49

some past people in here, but this was

02:51

it.

02:54

Here's another one.

02:57

But we're not doing it for 2,000 bucks,

03:00

which would be completely fair. 3-week

03:03

boot camp. Every single day we're doing

03:05

something. We're doing psychology. We're

03:06

doing strategy. We're doing

03:07

implementation.

03:09

It's not $2,000. $9.97.

03:17

$997.

03:20

That is an insane value. This is

03:23

completely separate, mind you. This is

03:25

completely separate from everything else

03:28

that you get aside from the accelerator.

03:30

Remember the daily live streams we

03:32

talked about? You get that for an entire

03:34

year. Remember the um daily trade ideas

03:36

that you get with your coffee? You get

03:38

access to that for an entire year. I

03:40

know, Sean. This is crazy. This we're

03:42

dropping some craziness over here.

03:46

Being able to ping me and my team access

03:48

for an entire year. This is insane. So,

03:50

the accelerator is just a bonus. This is

03:53

just a We're bringing it back to life.

03:55

We did some CPR. We resurrected it.

03:58

$9.97.

04:00

But this is only available for the next

04:02

48 hours.

04:04

48 hours. Insane value. I cannot offer

04:08

this forever. an absolutely mindblowing

04:11

value here.

04:14

Now remember we talked about the 80 to

04:16

90% 80 to 90% of traders that go into

04:20

trading lose their capital. We got to

04:22

make sure that we understand that

04:23

completely and utterly we just need to

04:25

work on working we need to work on

04:27

getting towards that 10 to 20%.

04:32

But regardless,

04:34

even if not, so for everyone that you

04:37

you're going to be able to take what I

04:38

learned or what I taught you guys in

04:40

these past three days, you're going to

04:40

be able to take it and run with it.

04:42

Amazing. Because guess what? Every

04:43

single one of you guys still gets this.

04:45

You still get access to the private

04:47

course that I worked on. And when I tell

04:49

you guys it started with 19 hours and we

04:52

had to comb it down and condense it and

04:55

get it as thorough and to the point as

04:57

possible. This is what you guys get

04:59

access to. everyone, all of you guys, as

05:01

long as you're in the circle community.

05:03

So, just make sure as long as you guys

05:04

are in the circle community, you get

05:07

access to this. This is completely free.

05:08

This is just by showing up and

05:10

committing the time to be here for these

05:11

three days. So, amazing way to go. But

05:14

remember, this is first come, first

05:15

serve.

05:17

TLC. Does that sound right? TLC. It felt

05:20

right. It felt right. Trendline circle.

05:24

Welcome to the trendline circle. Welcome

05:25

to TLC, baby. This is it.

05:28

toyrades.com/tlc.

05:31

First come, first serve, guys. 48 hours.

05:34

But now we're doing Q&As's. So, buckle

05:38

up, sit down, get comfortable. I'm going

05:39

to start drinking my coffee now and

05:41

let's do some Q& A's. Come on, pay. I

05:45

got a special guest. I got a special

05:48

guest to kick off the Q& A's here. And I

05:51

don't know if you guys remember this

05:53

person from

05:55

from my story on it was the very first

05:58

day on day one. You guys got to see

05:59

Payton. She placed her first thousand

06:02

trade and had her first $1,000 month.

06:06

She's in another trade. How's it going?

06:09

Go ahead. Just break it down real quick.

06:12

Hi. Hi. Hi. Hi. Hi. Hi, Minnie. Hi,

06:14

everybody. Everyone's like your sister.

06:18

Oh, I love that somebody said, "Where's

06:19

the Payton update?" You already knew it

06:22

was coming. Um, so cool. Hi, everyone.

06:26

I'm so freaking excited for all of you.

06:28

First and foremost, I learned so much

06:30

from today, from yesterday. Hi, Michan.

06:33

Um, this strategy has been lifechanging

06:36

to to have Tori as a sister. You guys

06:40

get her as a mentor, but I get her as a

06:42

sister, therefore Jesus loves me more.

06:44

I'm just kidding. Um, so cool to see all

06:48

of you guys. If you guys have liked this

06:50

past day yesterday, put a W in the chat.

06:54

I haven't Have you done that yet?

06:56

>> I haven't done W's in the chat.

06:57

>> W's in the chat. Put a W in the chat for

06:59

the wins. For everybody who got value,

07:02

for everybody who learned something, for

07:03

everybody who's just so excited for the

07:05

next season of life, all of your lives

07:07

are about to be changed. I promise you.

07:10

It's so cool to see this. It's so

07:12

freaking cool. Um, sorry. Okay, my

07:14

trade. So, I have um I've been sim

07:18

trading for a hot minute and I've been

07:21

trying to learn how to trade for for a

07:24

while simulating. I just wanted to prove

07:26

it to myself. So, um man, I made a goal

07:30

of wanting to make $10,000 sim trading

07:34

and holding $10,000 because it's

07:36

different. Like when you're learning how

07:38

to trade, like simulating, you'll it's

07:40

it es and flows. Like I remember like I

07:43

would win some and then I would lose

07:44

some. And so I made a goal to like

07:46

>> hit 10K and keep it there. So um I

07:50

finally started live trading this year

07:52

>> and um it's so cool. It's it's so cool

07:57

to take um the live trading route

07:59

because the emotions are so different.

08:01

very

08:02

>> like it it the biggest thing I could say

08:04

was like simulating trading was so

08:08

valuable because it teaches you the

08:09

strategy, but the psychology becomes so

08:12

important because of how your emotions

08:15

change when it's an actual dollar

08:17

amount. Love the Tennessee accents. All

08:20

right, cool. Um, so yeah, I finally made

08:24

my first $,000 last month

08:27

>> and we recorded it live.

08:28

>> We recorded it live. It's on Tori's

08:30

account. Um, so check that out. I was I

08:34

was at the pool. I think we were like we

08:36

just came back from the pool. I was so

08:37

tired and I checked my trade and it like

08:40

shot up because I had like an A++ setup.

08:44

Um, it had three touch points and it

08:46

just went and I I'm taking, you know,

08:48

multiple little losses. I'm I feel so

08:50

comfortable doing that now. Um, because

08:52

I know the reward of waiting it out

08:55

until I actually catch the big move. Um,

08:58

so I made my That is insane. You guys

09:01

know what that paid for? A music video.

09:04

>> Yeah, I feel so excited to be able to

09:07

like do and pursue my dreams by being

09:11

able to like make money on my phone.

09:12

That blows my mind. Um, so very cool.

09:15

Tori clearly ran with it and is doing an

09:18

amazing job. Um, but I got into another

09:21

trade yesterday right before I got on a

09:23

plane um to head to Nashville. It was an

09:27

hour flight and I saw my alerts go off

09:30

on gold. I've been trading gold and

09:32

sticking to gold until I mastered it.

09:34

But I got in gold. I'm in the micros so

09:37

I got in two contracts. Um and thank the

09:41

Lord I set my stop loss because as soon

09:45

as we get up into the air I was like

09:46

I'll just I'll connect to Wi-Fi, you

09:48

know, and um I'll I'll be totally fine.

09:51

I'll check my trade then. But then the

09:53

lady goes on the intercom and she's

09:54

like,

09:54

>> "No Wi-Fi. Sorry, no Wi-Fi on this

09:56

flight. Sorry for the inconvenience. I

09:58

was like, "Thank God I set my stop loss

10:02

because I felt so much more peace and

10:04

like my uh risk was at a place where I

10:06

was super comfortable with." Um, so I

10:11

stayed in the trade, had my trend lines

10:13

up, I had my safety up, and now I'm

10:16

trailing it. And I called Tori this

10:19

morning before the session and I was

10:21

like, Tori trades, your girl is making

10:24

$700

10:25

right now in another position.

10:28

>> So cool.

10:29

>> How does that make you feel? Me.

10:31

>> I know. I'm just a singer. I I just

10:33

sing,

10:35

>> dude. So proud.

10:36

>> What? This is so It's so simple. I can't

10:39

believe it. Like I'm I'm so proud of

10:43

myself. It's so freaking cool. I want to

10:45

show you guys. Will it like show?

10:48

>> You can try.

10:48

>> Okay. Um, so you'll see my little loser

10:51

as well. Okay. So,

10:55

gold. Ah, you can see it a little

10:58

backwards.

10:58

>> Oh, yay. Thank you, Stu. Um, so I ended

11:02

up selling here initially. I had um an

11:05

action line that it crossed and then,

11:07

you know, it it like consolidated. You

11:09

talked to

11:10

>> We did. We talked about consolidation.

11:11

>> So, like it went nowhere. So, I had to

11:13

take a little loss and I bought right

11:15

there. So, I got out and then as soon as

11:17

I got on the flight, it like another

11:20

alert went off and it was like, "Hey,

11:22

going long." So, I was like, "Fire, I'll

11:24

follow the king. I can do that." So,

11:26

then I bought immediately two contracts

11:30

here at the very literally

11:32

>> prime time entry here. Now, it's

11:35

backwards, guys, but if you can see this

11:38

line right here was the action line.

11:40

Price broke through the action. She

11:41

thought buy.

11:42

>> Yeah.

11:43

>> And then look at that move. So, this is

11:44

in gold. Um, but I bought two contracts

11:48

and in the micros I feel like it's so

11:50

it's so cool because you're not risking

11:53

that much, you know, so it's easy to do.

11:57

Um, but yeah, overnight I held it and

11:59

now it I'm making $730

12:03

now. So freaking cool. So,

12:06

>> let's go.

12:07

>> And you guys, so proud of you.

12:09

>> I didn't go to college. I did not do I

12:12

didn't either. I didn't do nothing. Like

12:14

it's so easy to learn this strategy, but

12:17

you just got to commit to doing it. You

12:19

got to believe in yourself and believe

12:20

that you know you can actually make it

12:22

happen. So,

12:23

>> period. Period.

12:24

>> Thank you, Pay for the added motivation.

12:26

Thank you guys. All right, we're going

12:27

to hop into Q&A. I know you guys have

12:29

been waiting all week for this, even

12:32

though it's just Tuesday. So, let's get

12:34

into some Q&A's. Whatever questions you

12:35

guys have, rapid fire. Here we go. All

12:38

right.

12:40

Scooch, scoot your beach, girl. If you

12:42

are, if you do get an encore, I'm gonna

12:44

pull you right back in. I'm gonna pull

12:46

you right back in.

12:48

Okay, let's see what we've got here.

12:50

When a trend line breaks, let me see if

12:52

I can scroll back. This is from

12:55

Oh boy, this is going to be tricky,

12:57

y'all. I wonder team, actually. Team,

12:59

can you guys help me maybe just

13:01

screenshot some of these good questions

13:03

and then send them my way and I will

13:04

work on answering them cuz they seem to

13:06

be moving very fast.

13:09

Um, let's see. Let's see. Let's see.

13:12

I'll try to grab one here. Ah, there we

13:15

go. Do you wait until the candle closes

13:17

to enter? Great question. This is

13:19

something that I do not wait for on the

13:21

4our time frame. So, remember we talked

13:23

about different time frames when we

13:24

talked about this top down analysis. We

13:26

started in the monthly, we move to the

13:28

weekly, then the daily. Well, I stop in

13:30

the 4 hour because that's my designated

13:32

time frame. Now, anyone that trades

13:34

anything less than the 4 hour, they'll

13:36

continue that top down analysis. They'll

13:38

do the same thing I did monthly, weekly,

13:40

daily, 4 hour, then 1 hour, then 30

13:43

minute, then five minute. For excuse me,

13:46

for those lower time frames, I do like

13:48

to wait for the candle to close, which

13:50

means wait for the timer to go off for

13:53

the entire candle to stop populating,

13:55

make sure it is still cross the action

13:57

line, and then enter your position. It's

14:00

just a little added confirmation to help

14:02

you feel good when a when the price

14:04

breaks an action line. So, the answer,

14:07

Julie, is I do wait for the candle to

14:09

close, but only on the lower time

14:11

frames. Great question, Julie.

14:14

All right, let's see. Oh, Miguel, also

14:16

thank you. Thank you, team, for popping

14:18

these on here. Okay. Um, also, team, if

14:21

you could maybe make me sideways, can

14:24

you put the keep the slide here on the

14:27

side and just move me maybe a different

14:30

kind of layout so I can just see more.

14:32

There we go. That feels good. That feels

14:33

good. Okay. And Miguel says, "I am

14:36

drowning." Drawing. I'm dawning. I'm

14:40

drawning and I'm getting better. Maybe

14:42

this was drawing. I think it's supposed

14:43

to say drawing. Miguel says, "I am

14:44

drawing and getting better. Meanwhile,

14:47

when you're drawing and you have a

14:49

second candle touching already, is it

14:50

point B or do you just call point B when

14:54

after some minutes?" Um, all right,

14:56

Miguel. I am thinking depending on and

14:59

I've also got to try to visualize your

15:01

question here. Maybe the question is if

15:04

two of the candles are touching maybe

15:06

right next to each other, does it count

15:07

as a point B? I would say no, Miguel. I

15:11

would say wait for a clearer pullback

15:13

and a clear touch point to happen at a

15:15

later time. I would say you want these

15:17

touch points to be fairly separate. If

15:20

you have a bunch of touch points all

15:22

grouped together, maybe in the same

15:24

three candles, I would just group those

15:25

into one touch point. But great

15:27

question, Miguel. All right, let's keep

15:29

it going. Christopher, what's the deal

15:32

with margins? What is the deal with that

15:34

margins and leverage? Fair question,

15:36

Christopher. I will say this is a better

15:39

question for chat GPT. As much as I know

15:42

you want to hear it, I will I'll at

15:44

least give you this information. One, I

15:46

trade on something called a margin

15:48

account. So, if you guys want to look up

15:49

a margin account, think of it kind of

15:51

like a um what's the best analogy here?

15:54

Think of it kind of like a credit card.

15:56

you get a credit card and they allow you

15:58

to actually place transactions or trades

16:01

with much more money than you actually

16:03

have. And then there's other things like

16:05

um Forex brokers or crypto brokers will

16:08

simply just give you leverage. So

16:10

they'll allow you to trade four times

16:13

bigger than what you actually have in

16:15

your account. So it's just leverage.

16:16

It's just the ability to trade bigger

16:18

positions with smaller amount of

16:20

capital. So, if you guys are curious on

16:22

what I do or the account that I use, go

16:25

ahead and have a fun little conversation

16:26

with ChatBT and type in what is a margin

16:29

account. And if you want to get even

16:31

more specific, you can say break down

16:33

what margin is and what the margin

16:35

requirements are on Tradation because

16:38

that is also the brokerage that I use.

16:39

So, I trade on a margin account in Trade

16:42

Station. But great question,

16:43

Christopher. All right, let's keep it

16:45

going.

16:47

All right, Cheyenne, what do we got,

16:48

girl? Do we allow consolidation through

16:51

a steep safety line break or should we

16:53

remove the steeper one and keep the

16:55

original for some wiggle room? Cheyenne,

16:57

when we are in consolidation, always try

16:59

to opt for the less steep. We are trying

17:01

to actually even wait till we're out of

17:03

consolidation. And this is where support

17:06

and resistance comes into play here.

17:07

Marking up the highs and the lows of the

17:10

consolidation and then waiting for that

17:12

to also break out is going to be the

17:15

double confirmation. And if you've heard

17:17

me ever say double confirmation, it is

17:19

marking up highs and lows when price is

17:21

just moving sideways. Marking up the

17:23

highs and lows of it, and then not only

17:25

waiting for a trend line break, which

17:27

we've already gone over, everyone knows

17:28

what a trend line break is, but this is

17:30

just adding something to it. So, this is

17:32

why we call it double confirmation. So,

17:34

not only waiting for the trend line to

17:35

be broken, but also one of the areas of

17:37

support and resistance to be broken. We

17:39

want to make sure that it can break out

17:40

of this high or this low that it hasn't

17:42

been able to break out of for a while.

17:44

So Cheyenne, I would say wait for double

17:46

confirmation. That is my answer to you.

17:50

Great question, Cheyenne. All right,

17:52

Sarah. What is the number one mistake

17:53

that you see new traders make when

17:55

trying to use your strategy? Ooh, this

17:57

is a great one. Um, I'd say it's the

18:01

inconsistency.

18:02

I think they get really excited, and I

18:04

did the same thing. Um, I it makes sense

18:07

as to why it's the number one mistake

18:08

because I did it, too. It's you get very

18:10

excited. You're like, "Oh my gosh,

18:12

everything that I learned from Tori last

18:14

week or yesterday is is incredible. I've

18:18

got it. I know it. I've nailed it." But

18:20

then they want to try to use it on every

18:22

single instrument, every single market,

18:24

every single time frame. So, it's where

18:26

they start throwing in too many

18:27

variables and they want to take every

18:28

setup, everywhere, everything. So, I

18:31

think the number one mistake that I see

18:33

traders make when using my strategy is

18:35

they use it on too many instruments, too

18:38

many variables, and take too many

18:39

setups.

18:41

Great question, Sarah.

18:45

All right, we've got another one. I keep

18:47

missing out on my alerts. Oh, no. Do you

18:49

have a tips for missing out on them? Oh,

18:51

yeah, girl. I got some tips for you. So,

18:53

if you go into Trading View, there are

18:56

settings for your alerts. You can have

18:58

it send you an email, send you a text

19:00

message. I have connected my Apple Watch

19:02

to Trading View. There are ways to make

19:04

sure that you do not miss an alert. Now,

19:07

when I say alert, guys, some of the

19:08

newbies don't know what that means. All

19:10

of the trend lines that we draw on

19:12

Trading View has the ability to add an

19:15

alert on it to ping you when price is

19:17

breaking through it. So, you don't have

19:18

to sit and watch. But I would say go

19:21

into the alert settings, see if you can

19:24

do an email, see if you can do a text

19:26

message, see if you have any other

19:27

devices that you can connect it to. But

19:28

I think that is the best way to make

19:30

sure you don't miss them.

19:32

All right, next one is Ivan. If you're

19:35

on a combine and the max draw down is 2K

19:37

on a 50k account, do you set your risk

19:39

to 1 to 2%. I'm always going to say, now

19:41

this is different. You're speaking prop

19:43

firm terms. So for prop firms, you have

19:45

to abide by their rules. They have a set

19:48

risk amount. If you break that risk

19:50

amount, you are putting yourself at risk

19:52

for losing the evaluation or losing the

19:54

combine. So Ivan, I would say it's all

19:56

going to be dependent on the brokerages

19:58

rules.

20:01

All right, Rimmo, do you ever wait for

20:04

confirmation candle before they trade?

20:05

Um, we did go over this one already, so

20:07

we'll skip. Oh, but wait. Do you add to

20:09

your positions on continuation on a

20:11

continuation pattern? Um, I don't call

20:13

it continuation patterns, but yes,

20:15

bounces was the proper term that I use.

20:17

And I do not add to positions, and I

20:19

don't think I ever did in the past when

20:21

I used the bounce setup. It was just

20:23

think of it like additional

20:24

confirmation.

20:26

But great question, Remo. um for the

20:28

confirmation candle. Um maybe you can

20:30

rewind it. I just answered it a few

20:32

questions ago. All right, let's keep

20:34

going.

20:36

Muhammad, when do you reset your lines?

20:38

Ooh, beautiful question here, Muhammad.

20:40

So, I will always reset my lines when I

20:42

see new point B's, new pullbacks, new

20:47

highs, new lows. If we're just kind of

20:49

moving sideways, I'm going to leave the

20:50

line where it's at. But if we get a

20:52

spike up and then we're kind of pulling

20:53

back, oh, I know I've got a new point B.

20:56

So, Muhammad, the great rule of thumb is

20:57

if you see a new point B or a new

20:59

pullback in either direction, high or

21:01

low, now we can adjust our line, reset

21:03

the lines or draw a new one. That's a

21:05

great question, Muhammad.

21:08

All right, what else do we got here?

21:13

Ooh, what pre-market news do you use,

21:16

Jason? I do not use news in my trading.

21:19

So, I'll give you a quick little um

21:22

psychology lesson. Give me a moment.

21:26

So when my uncle first taught me, my

21:29

mentor,

21:30

he did not use news and he had already

21:34

gone through the um the trial and error

21:36

of figuring out different strategies. He

21:37

did implement a news type system or news

21:40

type strategy and he found that it did

21:42

not work for him. And then I'll give you

21:43

some examples why. Now this is specific

21:46

news to like um let's say that you're

21:48

trading stocks and let's say that Apple

21:50

comes out with a new phone. Maybe did

21:52

anyone see that? Maybe Apple comes out

21:54

with a new phone and it ends up being a

21:56

flop and everyone online, everyone on

21:58

social media is saying that the new

22:01

iPhone is a flop. It's gonna tank their

22:04

stock. So, you're thinking, "Okay, well,

22:07

we got a bad iPhone. The stock of

22:10

Apple's going to drop. Okay, that's my

22:12

indication to sell." But then here's the

22:14

thing. when when it doesn't when it

22:17

doesn't react to the way that news was

22:19

or the way that um social media had

22:23

anticipated, you have already solidified

22:25

this bias. So, you're thinking short

22:28

positions, but if you were to see it go

22:29

down, you just can't fathom the fact

22:32

that you're like, but everything was

22:34

pointing to it crashing. Everything was

22:36

pointing to it going down. So, it makes

22:37

it so much harder to close that position

22:39

and change and follow the king. So it

22:42

just created um it created this bias

22:46

that he couldn't let go of and I think

22:50

the same thing would have happened to me

22:51

if I ever implemented news. So I do not

22:53

implement any news when it comes to my

22:55

trading. It is purely price action just

22:57

so they don't I don't have any other

22:58

separate biases. But great question

23:00

Jason.

23:02

All right Rebecca. Oo I think this is um

23:05

a sister question. How do you and your

23:07

sister handle taxes so that you can

23:09

actually profit from your trades?

23:10

Rebecca, I am not a tax girly. Here is

23:13

my number one advice for you.

23:17

Get a really good CPA.

23:20

That is it. That's all. I don't know

23:21

nothing. I get a good CPA that knows

23:24

about trading and they just tell me what

23:26

to do. So, I wish Sorry, Rebecca. I wish

23:28

I had a better answer for you, but

23:29

that's not my forte. It's not my realm.

23:31

I just make sure to hire a good CPA.

23:35

All right. Joanna, when doing your top

23:37

down analysis to all the way to the five

23:39

minute, does one week data rule need to

23:42

be applied? Oo, this is a great

23:44

question, Joanna. Um, does it need to be

23:46

applied at some point, for example, on

23:48

the one or the 4 hour time frame or does

23:50

it not apply at all when going to the

23:51

five-minute? So, Joanna, it does not

23:53

apply in the fiveminut time frame

23:54

because you are making so many more

23:56

decisions. You are making so many more

23:59

decisions that the week's worth of data

24:02

rule does not apply to the lower time

24:04

frames. If anything, the only thing that

24:06

I would apply to the five minute time

24:08

frame rule is the touch points. Does it

24:11

have two touch points? Does it have

24:12

three touch points? That is universal.

24:16

That is that works in a fivem minute

24:17

time frame. That works on a 4 hour time

24:19

frame. But the week's worth of data does

24:21

not is not applicable to the fiveminut

24:23

time frame. Great question, Joanna.

24:28

All right,

24:29

Kevin. How do you know to stop making or

24:32

drawing steeper lines? Do you continue

24:34

to draw new lines with an open position?

24:37

Great question, Kevin. I will say

24:39

>> Kevin, Kevin,

24:42

Kevin, Kevin, Kevin. Um, I will say if

24:47

when you're drawing steeper lines, if it

24:49

doesn't have a clear obvious point B,

24:52

don't draw it. Don't draw it. If it's

24:54

not a obvious yes, then it's obvious no.

24:56

If it's not a heck yes, it's a heck no.

24:58

If it doesn't have a clear point B, do

25:00

not draw any steeper lines. Um, there

25:02

are going to be times where I do draw

25:04

new lines with an open position, but it

25:06

doesn't change my trade. Now, there are

25:08

times where I will draw steeper lines

25:10

when I'm in a position, like a steeper

25:12

safety line to help me mitigate my risk

25:15

more and capitalize on more profit. But

25:17

great question, Kevin.

25:21

6 7 8 9 10. All right, we're going to do

25:22

four more minutes and then, believe it

25:24

or not, I still have another

25:26

announcement for you guys. Dude, for

25:28

y'all that made it this far, I got a

25:31

super mega secret. I got 7,000 people

25:33

here right now that are about to have

25:36

their absolute minds blown. You guys

25:38

have no earthly idea. This is huge. I

25:41

can't wait. But I'm going to keep going

25:43

through some Q&A's. So freaking excited.

25:45

I got there's more. Believe it or not,

25:46

there's more. I'm so excited this 7,000

25:49

amount of people stayed on. You guys are

25:51

getting rewarded. I'm telling you right

25:52

now. Okay. So when a trend line is

25:54

broken and more candles form, should I

25:57

redraw the trend line to connect the new

25:59

touch points or should I leave the

26:00

original? So vital. I will say as long

26:02

as you're not in an open position like

26:05

and you're not modifying the action

26:06

line, then absolutely if you've got a

26:09

clear new point B and more candles have

26:13

formed and it has created some sort of

26:15

pullback, some sort of clear point B,

26:18

absolutely come in with another line.

26:20

But the only thing, the only rule of

26:22

thumb is do not come in or do not modify

26:24

your action line when you're in a trade.

26:27

You need to always be reminded of why

26:28

you're in when price is continuing to

26:31

move. When you're in an open position,

26:32

that action line needs to stay put so

26:34

you know exactly why you got in.

26:36

Otherwise, your risk management and your

26:38

trade management is going to get wonky.

26:40

But I hope that was helpful, Vital.

26:43

All right, what else do we got? What

26:44

else do we got?

26:50

All right, waiting for some more

26:52

questions. Corey,

26:54

how can you predict when to wait for a

26:57

bounce or a retest? So, Corey, I never

26:59

predict if I see that. So, it's always

27:02

react. Think react instead of predict.

27:04

No predictions are here. I'm not I don't

27:06

got a fancy globe and I'm not trying to

27:07

rub a ball and guess and read some

27:10

palms. It is always reaction. So, I'm

27:12

reacting or I'm following what the king

27:14

is doing. If the king or the price is

27:17

bouncing off of a line, I'm getting in.

27:20

I have to see the price get to the line

27:22

and start to pull away from it to start

27:24

to bounce off of it. I'm thinking we're

27:25

taking our entry for a retest. I need to

27:27

see price break it, retest it, and then

27:30

start pulling away. So, it's reaction

27:32

and not prediction. But great question,

27:34

Corey.

27:36

All right, Greg. Greg says, "If I am

27:39

trading two instruments that are part of

27:41

two different exchanges like the ComX

27:44

and the NYX, do I need to buy a data

27:46

package for each exchange in real time?"

27:48

Um, I believe you do have to, Greg. Yes.

27:51

So, in my brokerage account, I am signed

27:54

up for all data. I'm paying a

27:56

subscription for all, but if you are

27:58

trading on two different exchanges now,

27:59

Greg, they might have, depending on your

28:01

brokerage, they might have packages that

28:03

include both of those. So, you need to

28:05

go see if you are. Now, Greg, I'm not

28:07

sure if you're asking about a brokerage

28:09

or about Trading View. Trading View is a

28:12

little bit different. It's um $7 a month

28:14

to be able to trade like CME Group, that

28:17

exchange, but for COMX um and for the

28:21

question, I'm not sure if it's related

28:22

to brokerages or real-time data on

28:24

Trading View,

28:26

but I would say, Greg, for the most

28:27

part, it's probably a yes. You do have

28:28

to pay for separate data packages, but

28:30

great question, Greg.

28:33

All right, let's get another question

28:34

here. How can I avoid getting caught in

28:36

fakeouts? Oh my gosh. When trading gold,

28:40

>> we got a gold trader over here. Um,

28:43

almost every time a trend line breaks, I

28:44

enter the trade, but price quickly

28:46

reverses and goes the opposite

28:47

direction. A great rule of thumb if if

28:51

this is for if you're trading the lower

28:53

time frames on gold, waiting for some

28:56

additional confirmations to make you

28:58

feel a little bit better doesn't

29:00

necessarily

29:02

it's not like you can predict a fake

29:04

out, but it does kind of scrape out the

29:06

likelihood of you getting caught in one.

29:07

So, it could be something like waiting

29:09

for the candle to close. If you wait for

29:11

the candle to close on the other side of

29:13

the action line, the likelihood of you

29:14

getting caught in the breakout or caught

29:16

in the fake out is slim because it's

29:18

still on the other side of the action

29:19

line. Another thing you could do is wait

29:20

for a retest. Action line gets broken,

29:23

wait for it to touch it from the other

29:25

side and then start pulling back. Then

29:26

you've kind of helped avoid some of the

29:28

fake outs. Now, we're never going to be

29:29

able to predict, but that just kind of

29:31

helps comb through the likelihood of you

29:33

taking more breakouts to be slim.

29:37

Great question. How do you measure stats

29:40

and how many trades do you test before

29:42

deciding what to keep and what not to?

29:44

This is an amazing question. I think a

29:47

good rule of thumb is just

29:49

more so if you're trading lower time

29:51

frames, think of it more like just allow

29:53

time to go by. Like allow 30 days to go

29:56

by because not only is it the amount of

29:58

trades that you're tracking, but in

29:59

those 30 days, you're also getting to

30:01

collect data from different market

30:02

conditions. So I think instead of just

30:04

trying to because you could collect 30

30:06

trades in a day. We don't want to

30:07

collect 30 trades in a day. We want to

30:09

collect it more over time. So I think if

30:11

you can use time as your collection

30:13

factor instead of just x amount of

30:15

trades that allows you to track data

30:17

from different market conditions um over

30:20

time. So I would say using 30 days of

30:24

stats is going to be incredibly helpful.

30:26

And how do I measure my stats? Y'all

30:28

already know is Tradzella. Tradzella is

30:30

the platform that I have synced to my

30:32

brokerage account. So, anytime I place a

30:34

trade, everything automatically gets

30:35

popped into Tradzella. So, let's say

30:37

that I am placing trades with a new

30:39

system or a new strategy or a new

30:40

playbook or a new setup and I do it for

30:43

a month. I will go back into my

30:45

Tradzella, look at this entire month and

30:47

now see, okay, these are different

30:48

market conditions. Did it work? Did it

30:50

not? What do the losers have in common?

30:52

What do the winners have in common? And

30:53

then you can start to kind of modify.

30:55

Great question,

30:57

Northernos.

30:59

Oh, another one from Vital. All right,

31:02

Vital, you getting extra love today.

31:03

When a trend line is broken and more

31:05

candles form, should I redraw? Oh, we

31:06

already did this one. Keep going, Ivan.

31:10

Um, nope, we did this one, too. Looks

31:13

like we are stuck in a loop, team. Nope,

31:15

I think we did this one, too.

31:18

Yeah, we did this one. Um, let's see.

31:20

I'll just start looking at the chat if I

31:22

can.

31:23

Let's see. Let's see. Okay, there we go.

31:25

All right. Brittiana says, "How do I see

31:28

full screen for a Forex pair when I'm

31:31

doing top down analysis? When I reach

31:32

the 4 hour, I cannot find my trend

31:33

lines." Um, Brittiana, I'm wondering if

31:36

you are using Trading View. And if you

31:38

are, a great rule of thumb is to make

31:40

sure that when you put that point B,

31:42

that little circle, you get two circles

31:44

when drawing a trend line or using the

31:46

ray tool. You'll get the pivot point,

31:47

which is the first touch point or the

31:49

first circle, and then the second

31:51

circle. If you can make sure that that

31:53

circle is on the most recent touch point

31:56

and you don't just use it to angle it,

31:57

it should help you be able to find your

31:59

trend lines or find your point B's a lot

32:01

easier when you're doing that top down

32:02

analysis. But as far as um if you're not

32:07

able to see them, I'm not sure. You

32:08

could hit the reset button. There's a

32:10

reset button. It looks like an arrow

32:11

with a like a curved arrow. If you want

32:13

to hit that reset, it resets your view

32:15

even when you're in the 4 hour time

32:16

frame. So see if you can try that. Okay.

32:19

Oh, Brazil. Bazil has a question. Okay,

32:23

Bazil, do you feel more emotional

32:25

pressure when you're winning or losing a

32:28

position? Love the psychology tips. More

32:31

emotional pressure when you're winning

32:32

or losing. Um h

32:36

nowadays, I feel more pressure. I mean,

32:38

I think maybe this is a common one. I

32:40

think when I'm losing, I feel a lot of

32:42

pressure. Um me probably more than most.

32:46

a lot of pressure when I'm losing a

32:47

trade because I got a million eyeballs

32:48

on my trade or on my loss on my losers.

32:52

But I think um there's it's it's just

32:55

easy to be happy when you're in a winner

32:56

trade, when you're in a winning trade.

32:58

So emotions are easy. Yeah, they get

33:00

like high and excited, but the emotional

33:02

pressure when you're in a losing

33:03

position sometimes is crippling.

33:07

Great question, Brazil. Great question.

33:09

All right, I'll take one more question.

33:11

All right, Derek is going to be the last

33:12

one for now. Just for now. We'll do a

33:14

few more after, but I have a crazy mega

33:16

announcements for you guys. And I said

33:18

announcements with an S, but it's just

33:20

one. It's just one announcement. Okay.

33:22

How long have you been able to

33:24

consistently hold your trades longer

33:25

than a week? And do you protect how do

33:27

you protect yourself? So Derek, I've

33:28

been able to hold trades I think my

33:30

maximum has been like a month. I think

33:33

it's been a month. I don't think it's

33:34

any longer than a month. Now, how do you

33:35

protect yourself? The protection is

33:37

going to be the safety line. This sounds

33:40

like we're having a weird conversation.

33:41

How do you protect yourself? Everyone

33:42

use protection. safety line. Safety line

33:45

in your trades. Don't forget it. Um,

33:48

safety line and stop loss, I will

33:50

usually refer to them as the same thing.

33:51

As long as your stop loss trails along

33:54

or moves along your safety line, I'm

33:56

protected. Think of it like the fire

33:57

extinguisher when we went over um,

33:59

psychology yesterday, at the beginning

34:00

of yesterday's session. We understood

34:03

the importance of the fire extinguisher.

34:06

But great question, Derek. All right,

34:07

guys. I've got more. I've got more. So,

34:10

just stay tuned. Buckle up, y'all. This

34:13

is the craziest. Hold on. I got to get

34:15

myself ready for this. This is wild.

34:16

Y'all ain't even gonna believe this.

34:18

You're not going to believe it. Here we

34:19

go. All right. 7,227

34:23

of y'all get some crazy special news.

34:25

So, way to go. You made it this far.

34:27

What could it be? Whoops. What could it

34:30

be? Ah, forgot to show you guys. Link is

34:32

in the description.

34:34

Now, there's one last thing. There's one

34:37

last thing.

34:40

The three days, guys, has been

34:42

incredible. The amount of positive

34:44

feedback that I've gotten from

34:46

especially people that never thought

34:49

ever that they would be somebody said

34:52

you're pregnant.

34:54

No, that's not that special. And no, I'm

34:56

not. Um, the amount of positive feedback

35:00

and just hearing from people that they

35:03

were like, I never never thought I'd be

35:05

able to trade. And the fact that they

35:07

placed their first trade with me

35:08

yesterday is absolutely mind-blowing.

35:11

The fact that I have the ability to

35:14

spend four hours with you guys going

35:17

over psychology and strategy as

35:19

thoroughly as I possibly could. It's

35:21

been incredibly special. Incredibly

35:24

special. So fulfilled. But now, does

35:27

anyone want to guess what this last

35:29

thing is?

35:31

Anybody curious? Does anyone have any

35:34

idea what this last thing could be? What

35:36

could it possibly be?

35:38

H Kelly stayed home from work for this.

35:40

Kelly, don't worry. You're getting

35:42

rewarded for this.

35:44

Does anyone have any idea? Emanuel's got

35:46

no idea. Emanuel is like, "Listen, I've

35:48

got nothing. What more could you

35:50

possibly do?" And I get it. K Latte has

35:53

no idea. Rob thinks it's free tacos for

35:56

a year. Jasmine thinks I'm giving away a

35:58

million dollars. Incorrect.

36:01

Um, the free Apex accounts, those have

36:02

already been given away. I'm giving away

36:04

5,000 of them.

36:07

All right. Nobody guessed it, dude.

36:09

Nobody guessed it. They've got no clue.

36:11

Adriana has no clue.

36:14

Oh, wait. What is this? We got the team

36:18

spilling some sauce. It's been too hard

36:21

for me to say goodbye, guys. So, guess

36:23

what? We're doing day four. We're doing

36:26

another day. We're not stopping yet.

36:30

We're doing one more day. Day four.

36:35

But I needed to make day four. If I'm

36:37

going to add a bonus day and I'm only

36:39

announcing it to you guys that are here

36:41

now that you've made it this far on day

36:43

three,

36:45

it's got to be crazy. Like we got to

36:46

pull off something insane. Especially

36:49

now, we had to do it last minute because

36:51

as some of you guys know, once I tell

36:52

you what it is, it's going to make a lot

36:53

more sense to you. But we had to make

36:55

something crazy. All right, we got to

36:57

turn the comments off because um I don't

36:58

want anybody to give it away because

36:59

this is a crazy. Here we go.

37:03

Are you ready? Are you ready for this? I

37:06

don't think you're ready. I don't think

37:08

they're ready.

37:11

We're doing one more day. But what is so

37:14

special about this one day?

37:19

We've got another special guest. We've

37:22

got somebody

37:25

special. Somebody really truly special

37:29

coming on for this last day.

37:33

Any guesses?

37:35

K. Latte. Nope. Nice try though. Yeah,

37:39

Andy, you know what? You know what's

37:41

about to happen. You know what's going

37:43

on.

37:46

Correct. You guys, I'm going live day

37:50

four with my mentor.

37:53

I don't think you guys have any earthly

37:55

idea how insane this is. You guys get

37:58

access to the person that has given me

38:01

stupid amounts of value, that has

38:02

changed my entire life,

38:05

that has guided my morals, my values,

38:09

that has been the absolute and utmost

38:11

role model in my entire life in all

38:14

things, in finances, in faith, in

38:16

family.

38:18

We get to see and hang out with Uncle

38:20

Mike live tomorrow.

38:23

Now, here is the kicker.

38:26

I have to go drive to Florida like right

38:28

now. I got a nine-h hour drive if I want

38:30

to go do day four with Uncle Mike. So, I

38:33

have to keep today short. I've got about

38:35

20 more minutes today and then I have to

38:36

get on the road to go to Uncle Mike's

38:38

house. We're doing this. I had to come

38:40

to him. If you guys understand the fact

38:43

that this is how we had to pull it all

38:45

together last minute, I got to go to

38:47

Uncle Mike in Jacksonville, Florida. I

38:50

got to drive my Nashville butt in my

38:51

Tesla, which means I'm gonna have to do

38:53

a lot of stops, a lot of charges to

38:55

Jacksonville, Florida. But we get to

38:57

spend time live with Uncle Mike. And you

39:00

guys can call him Uncle Mike, too. He's

39:02

everybody's uncle. He's everybody's

39:03

uncle around here. Friends, family,

39:06

family, friends, viewers, listeners.

39:10

He can be everyone's Uncle Mike.

39:13

But that's it, guys. That is the insane

39:15

announcement. Now, I'm going to spend a

39:18

few more minutes doing some more Q& A's,

39:21

but I know Tahoe, I could fly, but I

39:23

actually really enjoy driving. It's my

39:24

favorite thing to do. Actually, road

39:26

trips are one of my all-time favorite

39:28

things to do. I get to disassociate. I

39:29

can't be on my phone for 9 hours. You

39:31

know how amazing that is to me? Love it.

39:33

I get to listen to music. I'm incredibly

39:36

excited to actually do this road trip.

39:39

But super exciting news. So amazing. I

39:41

mean, congratulations that you guys made

39:43

it this far and got to hear this

39:44

announcement. It's We'll see how low-key

39:46

it is. Like this is this is the

39:48

announcement here. You guys made it this

39:49

far. You get to know Uncle Mike will be

39:53

with us live tomorrow. Same time. Same

39:56

time tomorrow. But we're going to have a

39:57

day four. This is going to be crazy. But

40:01

now remember also for the offer for

40:04

being a part of the trend line circle

40:10

48 hours. 48 hours and then it's closed.

40:14

So, if you guys have decided to be a

40:17

part of the trendline circle,

40:20

toyrades.com with a ZTLC,

40:23

which it couldn't be any more of a

40:25

perfect acronym, TLC, the Trendline

40:27

Circle, Tender Love, and Care. We are

40:30

going to take care of y'all. Don't you

40:31

worry. um the free curriculum that you

40:34

guys get, the free private curriculum

40:36

that I've made for everyone just

40:38

specifically for the trader in three

40:41

days challenge. Any information that you

40:43

guys have or that you need to find

40:45

access to it, go to the circle

40:46

community. Any questions that you guys

40:48

have on the giveaways on everything

40:51

that's been given away, the replays from

40:53

this past three days, everything is in

40:55

the circle community. Circle community.

40:58

Any questions that you guys have, tag

41:00

me. Yes. Correct. If you want to find

41:02

out how to enter for the scholarship,

41:04

everything's in the circle community.

41:05

I'm going to keep you guys updated

41:06

completely and thoroughly,

41:08

announcements, um, instructions, and the

41:12

winners will actually be released on

41:14

Friday.

41:16

So, any questions that you guys have in

41:17

the circle community.

41:22

All right, guys. Do we have any more

41:23

questions? We'll go for just a few more

41:25

minutes.

41:31

Whoops. Sorry, guys. Okay. How did you

41:34

get the motivation to keep going when

41:35

you were a beginner trader?

41:37

Um, I was able to see my uncle do it

41:40

like in real time and I got to see his

41:44

trades happen all the time. He would

41:45

share them with me. He'd be like, Tori,

41:46

look at this $75,000 trade I got going.

41:50

What? Like, how can you not be motivated

41:52

to see that? So, I had I had access to

41:55

my mentor, very close access. And I

41:57

think Chanel, this is also a great

41:59

question. I think the reason I stuck it

42:02

through is because I completely believed

42:04

and trusted my mentor. I knew that if I

42:06

kept going, I'm going to get the results

42:07

that he has. Like, I didn't think that

42:09

for a second that he wasn't being honest

42:11

with me. I didn't think for a second he

42:13

wasn't telling me all the sauce. I

42:16

didn't think for a second he was

42:17

withholding any information. I knew that

42:19

he wanted to see me succeed and he was

42:21

going to give me all of the information

42:22

he needed or all of the information I

42:24

needed. So, I trusted completely. I knew

42:26

all I had to do is put in the time. So,

42:28

that helped me. Chanel, that is a great

42:29

question.

42:33

All right.

42:35

What are your best methods for filtering

42:37

false trend line breaks? Um, we did go

42:39

over this already, Vital. Vital, if you

42:40

ask this one more time, Vital, what are

42:42

you doing?

42:43

I thought we went over this. Um, it was

42:45

adding the candle closure confirmation

42:47

or the retest confirmation.

42:50

All right, what other questions do we

42:51

got here?

42:53

Life vault. How should I apply the trend

42:56

line strategy when price is already at

42:58

an all-time high? Ooh, amazing question.

43:01

Like gold right now. Since there is only

43:03

an upward trend line, how do I approach

43:05

it? Life vault. You're not going to want

43:06

to hear this.

43:08

It's patience. You got to sit and wait.

43:11

You got to wait for two things to

43:12

happen. You have to wait for the

43:13

all-time high to be printed. for it to

43:16

happen, for it to come down, and then

43:18

create a lower high, a point B to where

43:22

now we can draw a downward trend line.

43:23

We always have to have a safety. We

43:25

always have to have an action. We've

43:27

always got to have two lines. So, when

43:28

working with all-time highs, if you're

43:29

not already in, like Payton's already

43:31

in. So, she doesn't have to wait or sit

43:34

on her hands because she already took

43:35

the entry or took the signal back

43:38

whenever she did have a downward trend

43:39

line. But whenever you don't have a

43:41

downward trend line and you're working

43:42

with all-time highs, you have simply

43:44

just got to be patient. You got to wait

43:46

for that high to be populated and then

43:47

you got to wait for a second high.

43:50

I hope that answered your question.

43:54

What is this?

43:56

All right, Wesley, let's see what we

43:58

got. Wesley, how many years into your

44:00

trading experience after making the

44:02

mistakes that you made did everything

44:04

click? And what was your average

44:05

percentage gains on a month-to-month

44:06

basis? Wesley, I do not know that offh

44:08

hand, but I will say when things

44:10

clicked, it wasn't like a a one day I

44:13

woke up and I was like, "Oh, I got it."

44:15

It was just over time I noticed I wasn't

44:17

hesitating on trades. It was I w I

44:20

wasn't being um I didn't hesitate. I

44:23

didn't overthink. I wasn't

44:26

micromanaging. It was when it became

44:28

like very second nature. Like I saw a

44:30

setup, I got in. Saw a setup, I got in.

44:32

Like that's when I was like, "Oh, I got

44:34

this." So, it wasn't it wasn't something

44:36

that happened overnight, but I think

44:38

it's when the hesitation goes away, the

44:41

micromanaging goes away, and the I don't

44:44

know if I said hesitation already. I

44:46

probably did, but yes, it's it wasn't an

44:49

overnight thing, Wesley. But great

44:50

question, Jaden. What is a good market

44:54

to trade to practice in and paper trade?

44:56

I don't get to place trades. I didn't

44:58

get to place a trade. Oh, when you did

45:00

because I only had basic Trading View.

45:01

So, Jaden, if you sign up for Trading

45:03

View, they have a 30-day free trial. So,

45:05

go ahead and do the free trial. It's 30

45:07

days. Why not do um I think the pro

45:10

version is if you're going to do a free

45:13

trial. Like, you might as well do the

45:14

best version you can, but I don't think

45:16

you need to do anything higher than pro,

45:18

but it's free for 30 days. So, you can

45:19

get 30 days of practice in if you just

45:22

sign up for the free pro account for 30

45:25

days. I think that's the best way to go,

45:27

Jaden. But, I don't think there's one

45:29

specific market. I think it's just you

45:31

got to practice. You got to get the reps

45:32

in and you got to track it. And then

45:33

that's where we that's where the

45:35

journaling and the data comes into play.

45:36

Okay, which one's working for me? Which

45:38

instrument or what market and which

45:41

one's not? But great question, Jaden.

45:44

7 8 9 10. We'll go for four more

45:48

minutes, guys.

45:55

One second.

46:00

Okay. How do you choose what instrument

46:02

to trade? Um, I had to start somewhere.

46:05

So, I had to trade multiple instruments

46:06

at once and then you just slowly start

46:08

to narrow it down. There was a time in

46:10

my trading, I believe it was, it was

46:12

probably back in 2022, um, where I was

46:14

trading gold, silver, crude, YM, NQ, uh,

46:19

corn. Um, no. I don't think I was

46:21

trading corn yet, but I was trading a

46:22

lot of different instruments. But it was

46:25

like I had to trade quite a few just to

46:27

see which ones I like the best, which

46:28

ones gave me the best results, which

46:30

ones

46:32

um,

46:34

essentially got me the most profits as

46:36

well. I remember I narrowed down to

46:38

crude oil at one time because I had one

46:41

of my best months ever in like uh I

46:44

think it was 20 it was like 2020 or no I

46:47

think it was 2021 or maybe 2022 where I

46:52

had one of my best months ever and it

46:54

was in October. It was like I don't know

46:56

crude oil did something amazing in

46:57

October and I started that was my first

47:00

indication to start narrowing down. I

47:02

was like, "Oo, I'm doing really good in

47:03

crude." So now I don't need to trade so

47:05

many instruments at once. I can start

47:06

narrowing it down.

47:08

But great question.

47:11

All right, Lucky. In futures trading,

47:14

how do you balance the need for leverage

47:16

to maximize risk returns with risk

47:18

margins, especially during periods of

47:20

unexpected volatility? So lucky,

47:22

depending on your brokerage, they will

47:24

let you know when unexpected volatility

47:26

is happening and when you cannot use

47:29

their intraday margin rates or if their

47:31

intraday margin rates change. So it's

47:33

going to be dependent on the brokerage

47:35

that you use, but they will let you

47:36

know. They'll let you know. I always get

47:38

an alert from Trade Station when the

47:40

intraday margin requirements change

47:42

because of unexpected volatility. But I

47:44

think this is a great question for Chat

47:46

GBT. Um, I'm telling you, it's just it's

47:48

not my forte because there's so many

47:50

different margin requirements for so

47:52

many different brokerages. I only have

47:53

experience with Trade Station

47:54

specifically. And Trade Station has an

47:56

amazing I mean, they've got an amazing

47:58

breakdown of all of their margin

48:00

requirements for every single

48:01

instrument, their intraday margin

48:03

requirements, their overnight margin

48:05

requirements, their over the weekend

48:06

margin requirements, their long position

48:07

margin requirements, short positions

48:09

margin requirements. Um, so they've got

48:11

it all broken down on their website. But

48:13

great question, Lucky.

48:17

All right, let's do one more question.

48:20

One more.

48:22

Is there anything that your uncle taught

48:23

you that you didn't learn until you

48:25

experienced it for yourself? Oh, yeah.

48:28

Let me tell you about it. Absolutely.

48:31

Um, he told me a million times over that

48:33

losing was going to sting.

48:36

And it's until you actually do it with

48:37

live money that you're like, "Oh, this

48:39

is devastating. This hurts." You can be

48:43

told that a punch is going to hurt a

48:44

thousand times until you actually get

48:46

punched in the face. I'm telling you

48:48

that right now. I mean, everyone's like,

48:49

"Yeah, duh. I get it. I see it on TV.

48:50

Looks like it hurts." Wait till you're

48:52

the one getting punched in the face. It

48:54

hurts. So, when you make that transition

48:56

to live trading, just know you're not

48:59

going to experience it until or you're

49:02

not going to understand it quite as much

49:03

until you experience it for yourself.

49:05

But, wow, Cam, that was a great question

49:06

to leave off on. So, everybody can tell

49:09

you that getting punched in the face is

49:10

going to hurt until you actually get

49:11

punched and then you know, oh, this

49:12

hurts. This stings. But great question.

49:16

All right, guys. That is all I have for

49:17

you today. I've got 10 more minutes to

49:19

get ready and pack up, get in the car,

49:20

and I'm headed to Jacksonville, Florida

49:22

for day four. We are adding one more

49:25

bonus day to the Trader in 3 days

49:27

challenge. And it's with Uncle Mike.

49:29

Just remember that the TLC community, if

49:33

you've been interested, this is for

49:34

those that wanted more, that wanted to

49:36

go more in depth, wanted to spend more

49:38

time with me and my team, actually

49:40

solidify this, have somebody hold them

49:41

accountable, have an entire community

49:43

hold them accountable. This is first

49:44

come, first serve, and it is only open

49:47

for

49:49

48 hours. Oh, I already passed it.

49:54

Boom. There it is. 48 hours. So

49:57

remember, first come, first serve, 48

49:58

hours. This is a price that I cannot

50:01

keep. That is not going to stick around.

50:04

The just the amount for the accelerator,

50:07

I don't know if you guys remember, but

50:08

the accelerator itself was $2,000 and we

50:11

had people sign up for that. That was

50:13

absolutely that was undervalued in

50:15

itself. But not only do you get

50:17

resurrection accelerator accelerator

50:19

coming back to life, which is just a

50:21

bonus, which is an insane bonus, but you

50:23

also get access to the community for a

50:25

year, access to my live charts for a

50:28

year, my trend line alerts for a year,

50:30

to the community for a year, the hours

50:32

of curriculum for a year, the daily

50:35

trading live with my team. If you didn't

50:38

get to place your first trade today, or

50:40

if you didn't get to place your first

50:41

trade yesterday, your very first SIM

50:43

trade, guess what? My team is there

50:45

every single day to walk you through it.

50:47

Every day that the trading or every day

50:50

that the market is open, you get to see

50:51

it be done in real time. Insane amount

50:54

of value. 48 hours

50:59

for

51:01

$9.97. $9.97 is the price. Limited time

51:05

48 hours.

51:07

But this is specifically for those. Now,

51:08

remember I mentioned there was I there

51:10

was people that have been able to take

51:11

what I've taught you guys in these three

51:13

days. you're going to take it and run

51:14

with it. If you guys need more, this is

51:16

for those that need more that want the

51:18

accountability.

51:19

Um, I have heard that some people are

51:21

saying that the link is not working. So,

51:23

I am curious, team, if you guys want to

51:24

check. Hey, can you just check real

51:25

quick to make sure the link's working?

51:28

A lot of people were saying that the

51:29

link wasn't working. Toryes.com with a

51:32

ZTLC

51:36

48 hours limited spots. We're checking

51:38

to see if the website's working. It's

51:40

working right now. Okay. Um, it might

51:42

have crashed. Just see if you can

51:43

refresh your screen. It's working for us

51:45

right now on our end.

51:48

All right, guys. Way to go. Uh, I don't

51:52

know if I want to. Yeah. Wait, can you

51:54

hit refresh one more time just to make

51:55

sure? Okay. Yeah, you guys, it's still

51:57

working. It's up. It's going. Did Big

52:00

Daddy sign up? Let's go, Big Daddy. Here

52:02

we go. You're already locking it in.

52:05

Signed, sealed, and delivered.

52:09

All right, guys. All right, everybody.

52:11

TLC, the Trendline Circle. I will see

52:13

you guys there. And until then, I'm

52:15

gonna Oh my gosh, I got a nine-hour

52:17

drive ahead of me. Nine hours of

52:19

driving. Here I go. Wish me luck. I will

52:22

see you guys tomorrow, same time for

52:24

bonus lesson with Uncle Mike. Day four.

52:27

All right, everybody. Thank you for

52:28

hanging out. I'm so excited. Bye, guys.

52:31

See you all.

Video Information

YouTube ID: sHABvnkkXU0
Added: Sep 17, 2025
Last Updated: 5 months ago