Real Money, Real People - ICT Student Meeran
Summary
TLDRMarion Omar,也被称为Dollar Head John,分享了他的交易之旅。他最初通过交易便士股票开始,经历了起伏后转向外汇市场。通过坚持学习和实践,他最终在交易中找到了成功,特别是在GBP/USD和石油市场上。他强调了理解市场心理和资金管理的重要性,并分享了他的日常交易例程。Marion现在专注于使用他所学到的知识来管理资金,并计划在未来几年内继续发展他的交易技能和业务。
Takeaways
- 🌟 个人介绍:Marion Omar,也被称为Dollar Head John,起初在纳什维尔长大,后移居伊拉克Erbil,2008年开始交易生涯。
- 🚀 起步经历:最初通过交易低价股赚得第一桶金,但最终全部回吐,之后转向零售概念交易。
- 📈 交易转变:在接触到ICG(In The Chats Group)的交易理念后,开始逐渐理解市场并改变交易方式。
- 📚 学习过程:通过观看ICG的精读系列和狙击系列视频,反复学习并逐渐领悟交易的真谛。
- 🔄 交易风格:偏好摇摆交易(Swing Trading),特别是针对商品市场的季节性和基本面交易。
- 🕒 交易时间:主要在伦敦交易时段进行交易,认为这是最容易交易的市场。
- 📊 交易策略:重视公平价值缺口(Fair Value Gap)和流动性低阻力区域,以及日线开盘缺口。
- 🤔 面对亏损:通过高胜率和合理的风险回报比来管理亏损,将亏损视为交易的一部分。
- 💡 持续学习:通过观看交易评论和市场分析,不断提升自己的交易技能。
- 👫 家庭支持:妻子在交易学习和成长过程中提供了巨大的支持和鼓励。
- 🌐 交易普及:在伊拉克,通过展示自己的交易成果,逐渐影响了当地的交易观念。
Q & A
Marion Omar是如何开始交易生涯的?
-Marion Omar最初是在2008年开始交易生涯的,他从交易便士股票开始,最初是通过他父亲给他的一万块钱开始的。他的第一笔交易非常成功,将资金翻了四倍,但最终因为不了解市场而将盈利全部回吐。
Marion Omar在交易中使用的主要概念是什么?
-Marion Omar主要使用的交易概念包括公平价值缺口(fair value gap)、低阻力(low resistance)、高阻力(high resistance)以及缺口概念(gap concepts)。他特别强调了每日开盘缺口(daily opening gap)在他的交易中的重要性。
Marion Omar在交易中遇到过哪些挑战?
-Marion Omar在交易中遇到过的挑战包括初期对市场的不理解,导致大量亏损和账户被清空。他还提到了在交易心理上的挑战,如害怕交易和对市场失去信心。
Marion Omar是如何克服交易中的挑战的?
-Marion Omar通过不断地学习和实践来克服交易中的挑战。他观看了大量的交易视频,反复学习交易概念,并在没有账户的情况下开始真正理解市场。他还强调了在交易中保持纪律和耐心的重要性。
Marion Omar对于交易者在学习过程中的建议是什么?
-Marion Omar建议交易者要持续学习和实践,不要因为一时的亏损就放弃。他还强调了在交易中保持冷静和理性的重要性,不要因为一时的盈利或亏损而情绪化。
Marion Omar在交易中的主要交易风格是什么?
-Marion Omar的主要交易风格是摇摆交易(swing trading),特别是在商品市场上。他喜欢在季节性趋势和某些基本面因素的支撑下进行交易。
Marion Omar在交易中最喜欢的市场是什么?
-Marion Omar最喜欢的市场是GBP/USD,他还喜欢AUD/NZD等货币对,并且在大宗商品交易中,他特别喜欢交易石油。
Marion Omar对于交易中资金管理的看法是什么?
-Marion Omar认为资金管理非常重要。他会在盈利达到一定水平后提取利润,并且强调只有在自己的手中,钱才是真正属于自己的。他也提到了自己在使用FTMO和Fund Trader等资金管理服务的经验。
Marion Omar如何看待交易中的损失?
-Marion Omar认为损失是交易的一部分,他已经习惯了接受损失。他会从每次损失中学习,分析为什么会亏损,并以此来改进自己的交易策略。
Marion Omar对于交易者在学习交易时的心态有什么建议?
-Marion Omar建议交易者要有耐心,不要急于求成。他认为学习交易是一个逐步的过程,需要时间和实践来掌握。他还鼓励交易者专注于一种交易模式,直到对其充分理解和掌握。
Marion Omar在未来三到五年内有什么目标?
-Marion Omar的目标是成为一名资金管理者,他希望能够管理更多的资金,并且对市场有更深入的理解。他认为通过学习交易,他可以在任何类型的金融机构中取得成功。
Outlines
🌟 交易生涯的起点与挑战
Marion Omar(昵称Dollar Head John)分享了他的交易生涯起点,从纳什维尔的家乡到居住在伊拉克埃尔比勒。他最初通过交易低价股票开始,经历了市场的起伏,包括最初的成功和随后的亏损。他讲述了自己如何通过不断学习和实践,逐渐从零售概念转向更成熟的交易理念,最终申请并加入了交易导师计划,从而开始了真正的学习之旅。
📈 交易策略的转变与成功
Marion Omar详细阐述了他如何从最初的低价股票交易转向更复杂的交易策略,包括公平价值缺口、低阻力流动性和高阻力等概念。他分享了自己如何通过观察和学习市场,逐步建立起自己的交易模型,并在2016年至2018年间成功申请到了交易导师计划。他强调了在交易中保持纪律和耐心的重要性,以及如何通过不断学习和实践来提高自己的交易技能。
🌐 跨资产交易的心得体会
Marion Omar分享了他在外汇和大宗商品交易中的经验,特别是在GBP/USD和石油市场上的成功。他讨论了自己如何将交易理念应用于不同的市场,并在实践中发现了这些理念的普适性。他还提到了自己在交易中如何利用季节性趋势和基本面分析来提高成功率,以及如何在交易中保持冷静和理性。
🕒 交易日常与心态管理
Marion Omar描述了他的日常交易例程,包括早起观察亚洲市场,检查经济日历,以及在伦敦市场交易时的策略。他强调了在交易中保持纪律和风险管理的重要性,并分享了自己如何在交易中保持冷静,以及如何通过记录和分析交易来提高自己的技能。他还提到了如何通过交易获得的收益来支持家庭,并感谢妻子的支持和鼓励。
💡 从模拟交易到实盘交易的过渡
Marion Omar讲述了他从模拟交易转向实盘交易的过程,包括他如何通过在模拟账户中取得一致的成功来建立信心。他分享了自己在交易中如何学会接受亏损,并将其视为交易过程的一部分。他还提到了自己如何通过观察市场行为和重复模式来提高自己的交易技能,以及如何通过记录和分析来不断学习和进步。
👫 家庭支持与交易心态
Marion Omar谈到了他的妻子如何在他的交易生涯中提供支持,尤其是在他面临挑战和困难时。他分享了自己如何在中东的商业环境中克服障碍,并感谢妻子的鼓励和理解。他还提到了自己如何通过坚持和努力来证明自己的交易能力,并在交易中取得成功。
💼 资金管理与未来规划
Marion Omar讨论了他在资金管理和风险控制方面的经验,包括如何通过FTMO和其他资金平台获得资金支持。他分享了自己如何在交易中保持谨慎,并在达到一定利润后及时提取收益。他还谈到了自己对未来的规划,包括希望在未来几年内成为一名资金管理者,并利用自己的交易技能和知识来帮助他人。
📊 交易哲学与市场理解
Marion Omar分享了他对交易哲学的理解,强调了价格行为的重要性以及对市场叙事的理解。他讨论了自己如何通过学习和实践来提高对市场的洞察力,并在交易中找到适合自己的策略。他还提到了自己对交易量分析的看法,认为价格行为比交易量更为关键,因为价格是市场故事的先行指标。
🤝 感谢与展望
在对话的最后,Marion Omar对导师表示了感谢,感激他不仅为交易者提供了知识和指导,还帮助了许多在金融领域寻求机会的人。他分享了自己对未来的期望,以及如何计划继续在交易领域取得成功。他还表达了对导师的敬意,并期待未来能够继续学习和成长。
Mindmap
Keywords
💡交易
💡心理
💡策略
💡风险管理
💡市场分析
💡资金管理
💡交易模型
💡交易心理学
💡交易系统
💡交易教育
Highlights
Marion Omar(Dollar Head John)分享了他的交易之旅,从纳什维尔到伊拉克Erbil,以及他如何从2008年开始交易。
他最初通过交易低价股票赚了很多钱,但最终都亏回去了,这让他意识到交易并不容易。
Marion在没有账户的情况下,通过观察市场和学习交易理念,逐渐理解了交易的逻辑。
他强调了公平价值缺口(Fair Value Gap)和低阻力流动性(Low Resistance Liquidity)等概念对他交易成功的重要性。
Marion提到,他更喜欢交易GBP/USD和石油,因为这些市场对他来说更容易理解和预测。
他分享了自己的交易日常,包括早起观察亚洲市场,以及在伦敦市场交易时的策略。
Marion强调了交易中风险管理和保持纪律的重要性,以及如何通过减少损失来增加利润。
他提到了自己的交易心理变化,从最初的恐惧和不确定,到现在的自信和一致性。
Marion分享了他如何通过交易教育和实践,逐渐在库尔德斯坦建立起自己的声誉和影响力。
他提到了在交易中如何处理亏损,以及如何通过记录和分析来改进自己的交易策略。
Marion谈到了他的妻子如何支持他的交易事业,以及他们如何一起克服了文化和经济上的挑战。
他分享了自己如何通过FTMO和其他资金管理平台获得资金支持,并强调了展示自己的交易能力的重要性。
Marion提到了他对于交易量(Volume)的看法,以及他如何通过价格行动而非交易量来做出交易决策。
他谈到了自己的长期目标,包括成为资金管理者,并帮助其他人通过交易教育实现财务自由。
Marion强调了持续学习和适应市场变化的重要性,以及如何找到适合自己的交易模式。
他分享了自己对于交易教育的看法,认为教育不仅仅是关于交易,更是关于资金管理。
Marion对于交易者的建议,强调了坚持和耐心的重要性,以及如何通过不断学习和实践来提高交易技能。
Transcripts
doctor good afternoon how are you
I'm doing well sir so tell us who you
are how you got started in trading and
where you're from
so my name is Marion Omar most people
know me as Dollar Head John IG I
originally grew up in Nashville
Tennessee
I'm living in erbil Iraq and
I started with penny stocks I started in
2008 but the whole like there was um the
pump and dumps with the penny stocks
I made a lot of money initially I made a
lot of money it was like my first trade
and my dad had graduated in high school
my dad had gave me ten thousand I turned
it into 40 and I thought it was really
easy ended up giving it all back and
then I went through a whole process of
retail Concepts I landed on your stuff
um and when I initially landed on
yourself to be quite honest I was like
man I didn't understand anything about
it I really didn't understand anything
I started losing money I was losing
money you know I would have like big
profits here and there thinking that I
knew what I was doing
and then um after a while after so many
blown accounts
sort of walked away and I actually
started like really learning your stuff
when I didn't even have an account I
didn't have an account but I was just
like I was seeing you call Price
constantly
um and then it wasn't like in the sense
at that time you weren't really I wasn't
in your mentorship and I wasn't in a
your own price live but I was looking at
your Precision your uh sniper series and
I was watching them over and over and
over and I started realizing I was like
hold on man these things are actually
starting to like make sense so I got
back into the business
and then I applied for your mentorship
in 2016 I was late 2017 I was late 2018
and then I finally got in and then when
I got in and uh I felt like I was so
trained in uh your Concepts the ones
that were out on the public
and then man when I got into mentorship
and I remember when I was going through
mentorship you had said you were saying
wait 18 months and minimum like six to
eight months before you do live trading
so I'm over there man I'm seeing the
fair value gaps and I'm like child and I
remember it like I was going through and
I'm like man
why am I losing money and this is the
exact thing you said it was messing with
my psychology because I was then I was
starting to get afraid to take these
trades but that's how I ended up with
like I finally got into mentorship and
then man the learning really just began
from there
awesome
when you were in mentorship what were
the things that you felt
you were drunk
closer to in terms of what you felt like
it may be your model was it it's a fairy
Gap or was it other things initially
um
I really like your um the the fair value
Gap was just an eye-opener for me
and then um the low resistance the low
resistance liquidity new bronze the high
resistance those really started opening
up because a lot of times
I feel like um I was getting into trades
and I was getting in on high resistance
right and it just wasn't breaking
through and I you know I would change my
mind I'm like I guess it's the other
array around and then only to see it uh
go up afterwards so like
I I like the fair value Gap but the most
important thing that I really like for
actually profiting from actually
profiting is your Gap Concepts and when
I mean your Gap Concepts like your daily
because in 2000 I want to say it was a
2021 man we were gapping up on
everything and I was just like it was
going into the Gap constant approachment
I'm selling it or I'm buying it
uh the gaps man I've made probably like
whatever there are gaps I pretty much
I'd rather take those trades than
anything else right
so it's
apparent that you probably predominantly
a Forex Trader is that am I saying that
correct okay what type of Trader have
you focused in on are you a day trader
scalper
short-term Traders swing Trader what
type of style Trader are you
so uh
uh London right I like the Judas swing I
know sometimes you know you'll have the
Judo swing and then you'll have to
bounce off of the Asian midline and it
goes up higher so sometimes um I'll take
that trade as well but like I like
London because uh you have so you have
yesterday's price action right and then
you have the Asian the Asian rage
consolidation and then um
probably the most like the craziest
thing I've learned like that's so
precise and I learned it from you was
the draw on liquidity on the higher time
frame and I've learned
um a lot of people even myself like when
I would see you I'd be like man what is
this thing going to reverse and you'd be
like just hold on it's gonna go and
sometimes it would consolidate but it
eventually reaches price so I've got
into more um
my personal funds so we have the dollar
hedge fund which is like other people's
money right and it's bigger capital
I'm not like I'm not a big fan of day
trading I like it I like it
um but the big money for me anyways like
where I profited more money than
anything has been on swing trades with
seasonal Tendencies and certain
fundamentals and uh because those are
just easy for me like I can get in them
and man I've seen them do like I've had
expectations before and if they've
lasted past my expectations so like um
I like swing trading but it has to be
Commodities strictly like I like string
into the Commodities but Forex I'll
definitely introdate I have a problem if
it's not Commodities because I don't
know if it's just the way I believe it
but if I don't have like some crazy
fundamental and geopolitical things
behind it I can't hold it I can do it in
Commodities because I know what's going
on but within respect to Forex I like to
get in and get out in
it's much harder than the commodities
for me
for the listeners that are not really
aware what we refer to as a swing trade
or a short-term trade for duration time
what is your classic duration of trade
in other words from time you get in the
trade for the time you close it what's
the comfort zone for you as a Trader
on the Commodities the seasonal
Tendencies those can go for months right
those can go for a month two months but
primarily I've never taken a trade
unless I'm thinking I can catch the one
shot one kill like all of my trades
start from me trying to catch the one
shot one kill and then I assess price as
we move on
um but usually I like to try to catch
the load of the week till uh the high of
the week so it's either like so most of
the times of the special event there
isn't much news I like the the Tuesday
low of the week so like Thursday uh
maybe Thursday New York session I like
to reverse it if price is like uh the
adrs through the roof then I like to
like try to catch a little move back
into the range okay what are your
favorite markets
my favorite markets uh I love GBP USD
it's there isn't GBP USD I just feel
like especially recently I feel like it
moves like the indices like the movement
that's going on on GBP uh I like it a
lot and it's because with the
correlations I use all your correlations
even for like AUD nzd I'm just big on
him and uh for the Mega moves too like
when the dollar goes into consolidation
I tend to like look at the cross pairs
but I really like GBP I like Euro and uh
I really like oil I like oil a lot too I
I just think
um so oil with liquidity runs it's
really good awesome
so when you were coming out through
mentorship and discovering your model
what you were going to gravitate towards
as a Trader what were the things that
you did to help stay motivated when you
thought that the lessons were not
clicking fast enough for you felt like
it was a struggle what was the thing
that kept you motivated learning
meant it's um so I remember we were in
the commentaries right and those the
commentaries for me were really big
um I remember I rushed through I like I
rushed through your content right I was
trying to get done like I'm looking for
fair Valley gas I'm looking at the notes
looking at the mega trades and then I'm
trying to get in there and like think I
know what's going on but then uh with
the commentaries I started seeing how to
actually read them right I was seeing
you read price in a way and I always
tell people it's like um because a lot
of people in Kurdistan when I first came
here
um they didn't know about you right and
I'm telling them I'm like dudes like
it's retail is just all over the place
but right now I kid you not Michael you
will not find one school of Forex that's
not icg based everybody is ICT based
around here wow and uh what it was is I
started showing on my results I started
showing my results in Kurdistan where a
lot of people couldn't show all results
and I was doing exactly what you were
doing with them especially like when
Dollar was really bullish man I was
calling like I was doing daily analysis
for the group right I think price is
going to go here and I kid you not
Michael I remember one it was like the
breaking point for me I remember so
you'll do dxy you do the uh the indices
SMP but man I was like I was because a
lot of people here they trade gold a lot
of them trade gold and a lot of the
trade oil because we're in Iraq so it's
like a lot of goldsmiths and a lot of
oil guys
I was like I was surprising myself like
I really was I was like man I can't and
I can't be this right but I started
calling a lot of those
and um that was like the breaking point
for me because I was like man I would
see you do it you know and then I
started doing it and I was like this is
crazy what's happening
um but yeah it's just like when when you
would explain things to us because like
the fair value Gap there's a lot of them
you know there's a lot of audible blocks
there's a lot of places but then when I
started seeing how you would go and you
you would disqualify one you'd be like
we're gonna We're Not Gonna use this
because there's something under here
that we may like more and and eventually
over time like I really think my real
broker wasn't the first six month it was
after a year and after a year like I
started really understanding your
Concepts and you always say so you'll
start to speak like me you'll start to
point out things in the videos
before I say them you know and after a
certain point I was like you know
I'll be honest I started doing my own
daily analysis because it was to the
point where like I was thinking like you
I probably wasn't as accurate as you
know but it was good enough it was more
than good enough
um but I learned through your
commentaries man and then you'll have
like these I remember a lot of times um
to repay good students and good stewards
because you'll like you'll point out
something you like just check this area
I remember like one of them was 8 20 and
I'll go in there and it's like this
little like there's a lot of miracles in
there man and I'll go check it out and
it's like little books of knowledge that
you can really learn a lot from
awesome I'm glad you mentioned markets
like gold and oil where I very rarely in
you're in mentorship so you know I
rarely ever cover those markets and when
my students talk about what they're able
to do with those markets and find
winning trades it's not like they
piggybacked an analysis that I presented
to the group so to me as a mentor that's
always encouraging and it's also
proof that there's a transferred
knowledge and a rule-based idea that
you've seen now it communicates across
all asset classes I can't speak the
crypto but what was it like for you to
see how
you know the teachings predominantly
being in FX and Forex but still working
in other asset classes what did it feel
like when you finally saw that it worked
across all markets
honestly it was um I remember at one
point I was like I was flabbergasted
like I couldn't believe it like and it
got to the point where I remember I was
telling my friends and my wife I was
like man
I don't know if it should be this
accurate like really because it was like
and you really confident
you get really confident
and uh
so like especially like oil specifically
so I don't know like I don't have the
exact answer for where like why it does
what it does but like I've noticed price
action delivered on oil
so precise like I see a lot of you know
like honestly your own GBP are very like
I'll see a lot of manipulations it'll go
back into the breaker block once go back
to the fair value grab twice we're gonna
like run stops not background stops and
then it'll finally drop right and oil
man those areas it'll just drop right
into them after hitting liquidity and
it's gone it'll take off yeah and uh the
reason that like I was like so amazed by
is because man when you're running a
signal group and you drop a signal and
I'm in a country where not much people
speak English so they don't have much
Financial education and I'm going in
there and I'm like yeah oil should take
off from here I'm in on oil and they
just skyrockets right take out more
resistance
um
and so on to be honest like it got to
the point where like I really had to
like come back in like I really sort of
like I deleted my Facebook I was having
a lot of people that were making
decisions locally like so we have the
bazaars I don't know if you've heard of
those but it's like local just like
pretty much where you're going buying
stuff so this
thousands of gold stores
they're buying and selling gold and uh
you know people are reaching out to you
through Facebook and they're like hey
man I bought gold is it going to go up
or down
it's very hard you know
hey I I started seeing it like in all
honestly I think
it with oil is just a whole different
thing because it'll
look strictly for me at least the way
I've traded it it's strictly liquidity
based it'll come out take out the stops
and then go boom especially when you uh
you're hitting it with seasonal
Tendencies I've seen a lot of success
with the man that's awesome
when you
go about your daily business as a Trader
and go through your model could you tell
the viewers what it's like for you
what's your daily routine what time do
you get up what time do you trade what
time do you call your end of your day
so um I'll uh I I'm usually up by 8 30
a.m so just to clarify the times 8 30
a.m is about 1 30 our time in New York
New York time right 1 30 a.m so um I
like to trade London I like to trade
London
um I'll uh I'll get up I'll look at the
Asian session right I'll look at Asian
session I'll take a look at your GBP
always check the economic calendar just
because I don't want to get in early or
um I don't want to you know run into
something that might happen in uh I'll
assess Asia I'll assess the previous
day's liquidity and and then the hard
time frame okay and um Coming Out of
Asia I usually have a bias right I have
a point of interest in that area where
I'm like you know I'm stalking that
place and I'm like if it gets into here
and shows me something that I like I'm
gonna take the I'm gonna take the trade
in one thing Michael man I don't know is
um
I don't know how you talk about it much
but I remember you had said one thing
one time and I believe it was in the
mentorship so it's I think we're in an
industry where everybody's so focused on
these crazy entries right I remember you
had said a swing low the fourth candle
was a confirmation believe me when I say
like if you're in the right poi
the entry is easy the entry is easy so
like
um
I'll do a lot of that like I'll just
look for a place that they've hit
liquidity they're in a fair value Gap or
if they're in a order block
that's had a you know a pretty good
displacement I'll take the trade you
know and we have liquidity and higher
time frame that's agreeing with us uh
down below and uh if I if I have the
winning trade so like I'm usually doing
like one to two or one to three right
but I'm I'm closing half I'm close on
half as soon as I like catch 30 Pips if
I catch 30 Pips I'm closing halves uh
stop to break even sometimes it'll come
back and get me sometimes it'll come
back and give me but um if I get like a
one to two during London I don't go into
New York I don't go into New York
because I honestly I think it's a harder
Market because you have the possibility
of continuation and reversal so um I'll
try to if I have my profits line up you
know you said that plenty of times like
don't give the money back you know I
used to especially like with
overconfidence you'll start like when
you really start
train these models you'll start hitting
having high hit rates and you'll want to
be in there you're like okay if I get it
in London I'll get it in and then for me
being in Iraq you know Asian section I
can trade that too but I just don't
touch it I feel like um London is for me
is by far the easiest Market to trade
awesome so just for the listeners that
just heard what you said and I mean I
understand what you're saying and other
Traders may as well but we may have
someone that's casual viewer or not
really versed in in trading you're
looking for three
times what you're risking or two times
what you're risking per trade right
exactly okay we understand all right so
if
if you could go over what it was like
for you at the moment when you felt
confident to move from demo trading and
paper trading to live trading how long
did that transition take for you to feel
that you were ready for and how did you
know that you were ready
so to be quite honest with you I started
with real money from the get-go I
started with real money because I had
some friends
and they were doing uh real money socks
I jumped in and uh and it's literally
what you say I missed my I built a lot
of fear to my psychology I built a lot
of fear into it but when I started doing
demo was when I came back to your
courses right
um right before mentorship I started
doing demo and it was a hard thing for
me to do and I remember I would try to
get my other friends I'm like yo you
guys need to watch this guy's course
and they didn't have funds and they
wouldn't they wouldn't educate
themselves and then I I came here too
and I saw everybody when their account
gets blown they stopped learning and I
was like dude like your account is get
involved because you're not learning and
so um I started doing demos actually
like I told you
um when I was I had no money I had no
money I was forced to use a demo account
and then but what happened for me was
you started seeing consistency you
started you know I just think it's so
important and the way to kill emotions
for me at least was when you start
seeing it over and over and over and
over and over
starts clicking you don't have as much
fear like you don't have as much fear
and then I kid you not my equipment I
had it the reason I you know take got
local thing here in Kurdistan
I turned a 5k account into 80 000 and I
kid July there was shorting dollar like
by the way I learned to develop a lesson
on the dollar Index at 89 and I kept
trying to Shorter thinking it was going
to 70 then it just went off but um
supportive model all the way down there
because I was just going with a higher
time frame but it's hard time frame bias
and um it just like I was honestly
shocked right I was shocked because I
was like I was like how did I get here
you know the 5K account most other times
would have been gone you know but I was
doing the same things over every single
day it was the same exact traits I was
looking for sometimes it wouldn't be
there sometimes it wouldn't be there
um and I would force it I would force it
and I'll give some back I'll give some
back but then it would show itself again
and then the risk to rewards you're
getting one to two and at that time
especially when I took that account like
that it was an ether and I was using
dude I made so much money on ethereum
and like you want to talk about Fair
Valley yet on like steroids it was The
Ether fair value gaps I mean it was like
the time when it was like going to like
we got in at like 900 and now it's like
just every time I would come back to the
fair value Gap run the inner range
liquidity and it would Skyrock because
it was an overall bull market but it was
just it was so beautiful and I made a
lot of money on ethereum just uh fair
value cabinet February definite
um
it it was crazy
how do you as a Trader deal with taking
the losses
I've
honestly like I've taken so many I've
taken so many losses like it used to be
um very hard like when I really didn't
know what I was doing it used to be very
hard
I think it helps when you start having a
high hit rate and you notice that like
okay I'm gonna give one but I'm gonna
take two I'm gonna give one I'm gonna
take two I'm gonna give one I'm gonna
take three and I'll still have I've had
times man I've had times where like
I went into like streaks right it's just
it's just not working and I you know I
don't know what it is sometimes the
market will just do and I remember like
you had told us I think it was GBP USD
I'm over there trying to short gbps
you're saying don't shred it and I'm
trying to short it
the time would give me a little profit
and then it would take me out take me
out
um I I tried to just it's gone to the
point for me where like a loss is just
another day in the business honestly
like it's expected
um if it happens it happens but what's
most important is uh I I don't Revenge
straight I've done usually if anything
man I have a so I don't know if it's my
psychology especially like in the signal
group so that hurts me a lot more when I
have a signal that hits a stop loss
man my wife will look at me she's like
you look like you lost a million dollars
yeah and it's because so many people are
watching and so it's like
but like when it's like my own money
um it's just another day at the office
honestly like I'll have losing trades
and then I try to journal from so like
I'll be honest I was never like I know
you say Journal Journal Journal I just
meant I don't know if I'm just like not
the best student but I much rather watch
you over it over and over and I watched
you over and over but then when I would
take losses or if I would do something
that like I I was I shocked myself with
something very unique I would take notes
I'll usually take notes of what the
previous days price
was
um why I got into the engine what I saw
before I got into the entry and then
like honestly it starts to repeat
especially this um this year
I guess the year before CPI so like I
was doing a lot of CPI right and I was
noticing this the same price action was
if you go back I'm looking on all the
days that we had CPI
the same price action it was this it was
building trendline Phantoms all the way
up until the news and then it would make
one high show you a brick and Market
structure news comes out and it just
dips big
um
so yeah I just I like to like
write little things down and then
anything that you would say like
especially in your videos that you take
your time out and say hey pay attention
to this
immediately noted because I want to know
why we are paying attention to that
okay
you mentioned your wife was there any
kind of
adversity with you learning how to do
this with your wife or was she
encouraging from the beginning
so man uh
I can honestly my wife has been a
blessing to me because I came into this
country
I've never done business in the Middle
East right so like I come from the stage
you got laws you got like man I lost
some guy
he took a 180 000 from like his and
there was nothing I could do right there
was nothing and he took it legally like
so we send it to the money exchange for
the money exchanger go to the broker
and uh he took it and so you know I'm
like okay let's go to the police let's
go here and then they the way the
economic system that up here is
um
you go and like take somebody to court
they're gonna say I have no money and
they're gonna say well here pay a
hundred dollars a month so you're better
off handling it in a tribal way right so
like it's things are very tribal but so
like at that time man you know you work
your way up and things like that happen
I remember my wife
she would tell me you know she would
tell me she'd like you gotta keep going
and then uh I'm into a market where
everybody thinks they know what's going
on right and I'm the new guy my Kurdish
wasn't great so I'm like coming in and
so man I had I kid you not man people so
many people just firing darts at you
they're firing darts at you and so I'm
not trying to you know the in the
Statesman control them back right that
in this culture you can't you can't name
names right so think about this I
couldn't name them I couldn't take them
to court I couldn't do anything so
you're and so I'm like I told her I was
like I've never felt like I've been so
like literally oppressed I'm like I
can't speak my mind I can't troll them I
can't reply them because it's like let's
look down upon because uh it's like
always taking the higher route and so um
my mother my wife would always support
me and be like you know this is how it
is here but in the end in the end
results are going to show you're gonna
break through the market I'm sure
man there's been times where like I was
like man that's it I'm gonna start
another business you know I'm gonna go
into something else and she was like
you're made for this this is what you
are that's great yeah and she's
yo watch Michael's YouTube
2022 I'm telling you yeah and she
doesn't she wants no part of that but
she wants to just support me and push me
um and within dollarhead she'll just ask
her that I'm not allowed to answer
people back man because if I answer them
back I immediately asked them in a way
that comes off as very rude even though
it's brutally honest and it's with
respect but here
um so she'll just handle all the
communications I try to just stay on the
training part of everything okay so
when you started trading after losing
the accounts that you mentioned like
everybody does eventually you know if
you do it too fast you'll lose your your
money
when you got back into did you use your
own funds or did you trade with like
funded accounts
so I didn't use my own funds um I had
other people that would invest in me
um I I also really think I think it's
the system's a little ripped against
retail trainers I really believe that I
think you should have
a minimum like I'm not saying like go
and throw five thousand dollars in an
account if you don't know what you're
doing right right but at the time ftmo
wasn't something that like they're big
now they're they're legal everybody
knows they're legit but when I was
seeing ftmo I didn't look at it I was
like I didn't even know what it really
was or I thought at the time that those
the the faces were crazy right but it's
just because I hadn't seen this is the
way I wanted to see success
um but then uh eventually
I did the ftml
kids and I got funded with them not
because I didn't have life funds because
I had investor money but because it was
show of proof
it's really important because I knew
nobody else could do it here
if you're not
um I I started using because we don't
have like you know we don't have
licenses we don't have anything here
right so it's like I'll tell them like
you know show me you can manage risks
because a lot of people who will make
profits but it's risking the whole
account
um yeah you know it's like it's like you
make a lot of money one day and then you
lose it all and so I started with ftml I
was funded with them and then um
after ftmo I
I so got on with uh my Canada ftmo I
would do like 22 000 and then it got
blown it got blown and I just think I
wasn't ready for it psychologically
when you get an account like that where
like you have no liability really right
that all you can lose is a thousand
dollars and at that point I was just
like man I make good money now I'm
trying to make 80 000 you know right and
then it didn't happen and then um but
overall until like like in my lifetime I
guess it's in the past two years I've
withdrawn over ninety thousand dollars
through ftmo and fun Trader
um the other places I haven't tried I
haven't needed to try them
um I just like within fund Trader I I
think I wish they would have Commodities
on there right I wish they could have
oil on there but they don't but ftmo
does have it on there
um but off it's also different for me
honestly like when you imagine your big
funds you're not that worried about
certain things you're looking for great
entries discounts or premiums but um
with uh with the ftmus and the fun
Traders I'm trying to like it's very
hard for me like I'll see some people
that are withdrawing 100 000 on their
withdrawals it's hard for me to do that
like I'll make ten thousand I want to
withdraw right right you know I just
want to take it when I got it right it's
not yours unless you have it in your own
hands
exactly
enough you know
and I've also seen I've been up on
accounts where like I was up 17 18 000
and I was trying to I was trying to do
the big withdrawal you know
um and then
ended up losing it yeah so I was just
like you know what uh you gotta take it
when you got it so like now it's like
anytime I get to 7 000 profit I'll
really strictly think about let's pay
ourselves shape right
I've had a lot of students tell me this
very similar thing they run the account
up they run the account up and they want
to get through some real big number six
figures and then that's the thing that
does them in and it's like I thought
this would have took the money out going
up I would have been better and that's
what I'm trying to encourage I don't
want anyone to watch these interviews
and think to themselves that the only
way they get to come on here and talk to
me is to have the big withdrawal no as
long as you know what you're doing and
you're profitable and you know your
model that's the students I want to
listen to and that's what everybody
wants to hear from they don't want to
hear the the one big windfall something
I can get lucky with they want to be
able to hear someone that says look I
understand that there's profits and yeah
I might be able to run it up but I want
to get paid and I like your mindset
about that was it's not your money until
it's in your hands so that's that's a
good perspective to hold
tell me about
your overall experience as a Trader you
mentioned over the last two years you
made over ninety thousand dollars in
withdrawals between two companies that's
amazing but from your perspective as a
man as a husband as a risk taker
what's your
overview if you could describe what it
was like from you for you rather when
you first started and the doubts and
concerns and and fear maybe you had in
the beginning and how you look back at
it now because of where you are
to actually knowing what you're doing
right I remember when I was uh so man I
did everything I went from a lot of
retail Concepts I went through
indicators fibonaccis trend lines I used
them all and sometimes they would work
and but it would always end up with me
blowing the account it would always end
up with me making a small profit but
then taking huge losses and I would
always be like I'm like you know look at
them like okay I'm looking at the same
education that says okay Taps the trend
line three times and it shows a push-up
and I should buy
and uh I never had the answers right and
what gravity like what really really
gravitate me towards your teachings was
it was against everything and I remember
when I when I was watching the YouTube
videos I was like man this is you know I
didn't get a lot of it like I wasn't
understanding a lot of the things you
were saying because it was like Candle
by candle and time education where like
in other places I'm moving on and moving
I'm waiting on a moving average
crossover and I'm that's my Buy Signal
you know yeah and uh but it's crazy
because as time went on I'd be surprised
I'm like man and I always explain to new
traders that I want to show people Forex
they're like and that looks so
complicated and I'm like it's not that
you've got to keep pushing it starts
opening up you start knowing what's what
in here and uh what's uh the craziest
thing for me was like when I started
making profit even when you were losing
right even when you're losing many times
you knew why you lost you had a reason
why you lost I'm like I remember I got
into when I started doing really well
with your system I was on Instagram and
I was saying a lot of people showing
crazy risk rewards and I was like man my
head rate is crazy how am I not doing
what they're doing right right so I went
and bought another course okay I went
and bought these like crazy Rich reward
courses and I kid you not Michael
I went through three months of losing
money and my wife kept telling me she's
like dude go back to ICT what are you
doing but at the same time I'm looking
at these guys and then eventually I
realized that's all fraud these are like
they're two demo accounts so they're
they're doing all types of like running
empty Circle right
trades I was like I remember you said
you're like when you're moving volume
is not going to add up right
you know and so um
for like three months I had evaded your
drawing liquidity
and I was always so I was so focused in
on the lower time frames right and um
seeing like a couple of Pips on profit
right with huge loss right
and then it would and that's not
realized like it's just better to catch
the Pips
if I would have just caught the Pips and
stayed on the hard time from drawing
liquidity I would have made just as much
money
um
so it's like the biggest Journey for me
was going from a place where you didn't
know why you were losing
to a place where even when you lost you
could go back and be like okay I lost
because I missed something here and a
lot of times I've noticed uh when I lose
is uh I've either gotten into a trade a
little too early and uh
overconfidence or just my hard time
frame bias it's been uh has been wrong
I'm trying to catch the reverse you
always tell us too you're like don't try
to catch the reversal when I get burned
and it's when I'm trying to catch the
reversal too early and I haven't got a
confirmation from him right
what would you say to students that have
gone through my private mentorship
haven't found their own model yet
or to the viewers that are watching the
content that I have on my YouTube
channel and feel like they're not
learning fast enough what kind of
encouragement would you tell them
like honestly I'm an example like um I
make my entire living everything I make
is from this industry I have no other
businesses I don't have real estate
and I went through the entire process I
went through the entire process and I
want people to like you know the truth
is man we're not learning something easy
like we're in like probably the most
manipulated markets in the world yes um
but the teachings are there like I
always tell like um the keys are there
you're handing us the keys and I always
tell people do not worry about actual
profit right because I you know it's
crazy because
I used to always be like and I have
friends and a lot of people here now
they'll come up to me and they're like
hey man I'm a Trader give me money you
know I can do this and I remember the
money comes when you're ready when you
are ready the money will come and but I
just think for new Traders or traders
that are struck I really think they
should focus on the one thing I I really
I'm really big on Monday I'm really big
on London because it's it's like a
little law book that you can create for
them you know you're like this is Asian
range this is what we're expecting this
is where you can take the profit if you
don't see this happening then don't take
the trade it's very simple the judicial
event is I honestly like I couldn't tell
you how many times I've taken that trade
in my life like I'm taking it a lot and
it's by far the easiest trade for me and
I would tell them because I just think
man you know I got into uh
probably
a lot of other trades like so like your
Gap theories right now you're doing the
new opening guys but even like your
intraday gaps right
um all those like out to the point where
like I always say I can't say that I'm
trading one model right you've given me
a tool of like a lot of things so
sometimes this will be the volume
imbalance the volume and balance on your
at 110 I kid you not recalled it and it
was like I mean literally went up there
to the pivot I don't know if he saw it
they hit about like two fifths and
dropped like 300 points
um so like it just depends on what the
charts is giving you but honestly you
it's like your V you give us this
vehicle and you're like this does this
this does that
and uh tried to like I always say like
no a lot a lot about something specific
for the beginning but eventually you're
going to get to the point where whatever
the market gives you
um you can work with it okay like I also
like for me personally I'm not using
order blocks like I used to anymore
it's not that they don't work it's not
it's just it's not for me I like the
fair value gaps I like the daily opening
Gap
I like low resistance uh deadline fan
tips I that's what I like it just makes
it more clear to me I I think for
aspiring students like fun and you know
what's so crazy is I was looking at one
of your um
it was one of your models right it
wasn't a model but you commented on the
forums right so when I first started
like really having success with your
teachings
certain setups came up to me that you
had exactly said what they were right so
I started digging into the forms you
know and one of them was it was the so
we have a the inner range liquidity
after we make a high leave a low
resistance and we're coming back take an
intern wrench liquidity into a fair
value Gap and it just takes off so I
remember for a while all I was doing was
just taking that trait I was like this
is the one for me this is the one and I
think a lot of Traders they're
eventually going to find you like you're
gonna find your setup but it's just you
got to stick with it if you don't stick
with it like it's just very very hard
because I have so many friends they only
trade when they have money in their
accounts and it's just it's an
impossible game and you're not going to
win like that
where do you see yourself in the next
three to five years what's your goals
for yourself
management that is um
I just you know I
I like
France I think there's a lot of people
managing billions of dollars not because
they're very smart but because they have
strong ties
to wealthy people I've noticed like
because I was doing a study on hedge
funds
a lot of them
aren't doing crazy numbers right and I
understand there's more volume right but
at the same time there's certain I I
just think a lot of hedge funds are
doing technical analysis if they're not
like doing high frequency trading right
it's like this like Mom and Pop firms
where there's their managing wealthy
families monies a lot of them aren't
really Traders the ones that are Traders
and that are there are really educated
on the markets these are the big hedge
fund managers we end up seeing but I
think for the most part
um what I've come to realize is there's
if a Trader can get to the point where
he can manage money and specifically uh
like learn things like seasonal
Tendencies the bonds geopolitics like
these things man this is what then I
told you like this is what really
attracted me to your page was like
I started looking from the outside like
I was looking at the economics and I was
like man so this is a gonna affect uh
corn right so we have this war going on
this is gonna and I started longing weed
I started longing oil I started logging
corn and I got in that corn and so we
have cfd's here by the way so it's like
we're not regulating
the house is going to take your bed
pretty much I've got in that corner of
300 a bushel men and I believe like yeah
well it was um and they don't um there's
no interest because this Islamic country
so it's just like it's very easy to make
money but um what I what I really
realized I think
people that really go through your
course that really really go through
your course I think it's it's a money
management course I really do I think
you can come out of there and you can be
put in any type of financial institution
whether you want a day trade whether
you're on a string trade whether you
want to do Financial Consultant I've
never been able to like
uh layout of words about a certain topic
like everything and I just think the way
you've taught it I think you sort of
grow us from like Traders people that
literally are coming into the market and
you take us step by step but I think the
final result
is uh
it's just money management I also think
man there's other things uh that you
haven't taught in the course but by
knowing your course people if they
really indulge in it there are certain
secrets that they find out within price
that really make a big difference yeah
well I had a wonderful time talking to
you today it was amazing hearing how
you do things on the other side of the
world and how it is where you're at
locally I love the idea where you're
taking your trading in what your
direction you're going to try to pursue
and I appreciate you spending your time
and sharing your testimony with me
I have one question for you please let
me ask you sure sure
please I have so many people telling me
I'm missing out on the markets because
of volume
is there something that I need to be
doing within volume is it like is there
like a magic volume indicator that's
going to change my life that's going to
change my trading because everybody's
telling me volume volume and I'm like
man I've done the research
and I've listened to you talk about it
and I just think price prints before the
volume in my mind like when I see it I'm
like well like they'll show me tricks
I'm like well price action would have
told me the entry long before the volume
yes so I just wanted to know you don't
even have to put this on there it's just
I'll include it
um there's a lot of students that have
come to me that
swore by volume analysis
and not all of them are convinced but
all of them have loosened their grip on
it
and understand that it's not necessary
price is going to tell you the story
as long as you know what the narrative
is
I'm gonna tell you as a Trader that can
read price action where the volume is
going to become prevalent where it's
going to be high where it's going to be
low so pursuing or looking at volume is
yesterday's news
it's already happened it's a number that
you should have already anticipated
being in the marketplace anyway so I'm
not looking at old news I don't want to
look at the weather from yesterday
because it doesn't do me any good so
volume is not a necessary thing in in my
opinion and most of my students they've
seen that the truth
very welcome
for real man it's been an honor thanks
for what you do for not just Traders but
for also opening the eyes of a lot of
people that are struggling
I really appreciate that man I'm very
very honored to be in the position I'm
in thank you so much for your time
thanks so much take care
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