Real Money, Real People - ICT Student Meeran

The Inner Circle Trader
12 Apr 202347:35

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

00:00

🌟 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。

05:01

📈 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。

10:05

🌐 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。

15:08

🕒 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。

20:10

💡 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。

25:10

👫 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。

30:13

💼 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。

35:14

📊 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。

40:15

🤝 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

交易是指在金融市场上买卖金融工具,如股票、外汇、商品等。在视频中,交易是主要话题,讲述者分享了自己从初入交易领域到逐渐成熟并取得成功的过程。

💡心理

心理在交易中指的是交易者面对市场波动时的情绪和心态。视频中提到,交易者需要克服恐惧和贪婪等心理障碍,保持冷静和理性,才能在交易中做出正确的决策。

💡策略

策略在交易中指的是交易者为了实现盈利目标而制定的一系列行动计划和规则。视频中讲述者通过学习和实践,逐渐形成了自己的交易策略,并依靠这些策略在市场中取得了成功。

💡风险管理

风险管理是指在交易过程中采取措施来控制和降低潜在的财务风险。在视频中,讲述者强调了风险管理的重要性,并分享了自己如何在交易中实施风险管理,以保护资本不受重大损失。

💡市场分析

市场分析是指对金融市场的行为进行研究,以预测价格走势并制定交易决策。视频中的讲述者通过市场分析来识别交易机会,并根据分析结果进行交易。

💡资金管理

资金管理在交易中指的是对交易资金的分配和监控,以确保交易者能够在长期内维持交易活动并实现盈利。讲述者在视频中分享了自己的资金管理经验,包括如何从交易中提取利润以及如何避免过度投资。

💡交易模型

交易模型是指交易者用来分析市场并指导交易决策的一套规则和方法。视频中,讲述者通过学习和实践,逐渐发展出了自己的交易模型,并依靠这些模型在市场中取得了成功。

💡交易心理学

交易心理学涉及交易者在交易过程中的心理状态和行为,包括如何处理贪婪、恐惧、过度自信等情绪。视频中讲述者分享了自己如何克服交易中的心理压力,并保持稳定的心态。

💡交易系统

交易系统是指一套完整的交易规则和流程,包括市场分析、交易决策、资金管理和风险控制等。视频中讲述者通过学习和实践,建立了自己的交易系统,并依靠这个系统在市场中取得了成功。

💡交易教育

交易教育是指通过学习交易知识和技能来提高交易能力的过程。视频中讲述者分享了自己通过接受交易教育,从而在金融市场上取得成功的经历。

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

play00:00

doctor good afternoon how are you

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I'm doing well sir so tell us who you

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are how you got started in trading and

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where you're from

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so my name is Marion Omar most people

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know me as Dollar Head John IG I

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originally grew up in Nashville

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Tennessee

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I'm living in erbil Iraq and

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I started with penny stocks I started in

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2008 but the whole like there was um the

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pump and dumps with the penny stocks

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I made a lot of money initially I made a

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lot of money it was like my first trade

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and my dad had graduated in high school

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my dad had gave me ten thousand I turned

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it into 40 and I thought it was really

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easy ended up giving it all back and

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then I went through a whole process of

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retail Concepts I landed on your stuff

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um and when I initially landed on

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yourself to be quite honest I was like

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man I didn't understand anything about

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it I really didn't understand anything

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I started losing money I was losing

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money you know I would have like big

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profits here and there thinking that I

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knew what I was doing

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and then um after a while after so many

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blown accounts

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sort of walked away and I actually

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started like really learning your stuff

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when I didn't even have an account I

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didn't have an account but I was just

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like I was seeing you call Price

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constantly

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um and then it wasn't like in the sense

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at that time you weren't really I wasn't

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in your mentorship and I wasn't in a

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your own price live but I was looking at

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your Precision your uh sniper series and

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I was watching them over and over and

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over and I started realizing I was like

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hold on man these things are actually

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starting to like make sense so I got

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back into the business

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and then I applied for your mentorship

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in 2016 I was late 2017 I was late 2018

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and then I finally got in and then when

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I got in and uh I felt like I was so

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trained in uh your Concepts the ones

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that were out on the public

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and then man when I got into mentorship

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and I remember when I was going through

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mentorship you had said you were saying

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wait 18 months and minimum like six to

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eight months before you do live trading

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so I'm over there man I'm seeing the

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fair value gaps and I'm like child and I

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remember it like I was going through and

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I'm like man

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why am I losing money and this is the

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exact thing you said it was messing with

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my psychology because I was then I was

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starting to get afraid to take these

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trades but that's how I ended up with

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like I finally got into mentorship and

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then man the learning really just began

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from there

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awesome

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when you were in mentorship what were

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the things that you felt

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you were drunk

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closer to in terms of what you felt like

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it may be your model was it it's a fairy

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Gap or was it other things initially

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um

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I really like your um the the fair value

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Gap was just an eye-opener for me

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and then um the low resistance the low

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resistance liquidity new bronze the high

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resistance those really started opening

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up because a lot of times

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I feel like um I was getting into trades

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and I was getting in on high resistance

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right and it just wasn't breaking

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through and I you know I would change my

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mind I'm like I guess it's the other

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array around and then only to see it uh

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go up afterwards so like

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I I like the fair value Gap but the most

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important thing that I really like for

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actually profiting from actually

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profiting is your Gap Concepts and when

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I mean your Gap Concepts like your daily

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because in 2000 I want to say it was a

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2021 man we were gapping up on

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everything and I was just like it was

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going into the Gap constant approachment

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I'm selling it or I'm buying it

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uh the gaps man I've made probably like

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whatever there are gaps I pretty much

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I'd rather take those trades than

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anything else right

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so it's

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apparent that you probably predominantly

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a Forex Trader is that am I saying that

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correct okay what type of Trader have

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you focused in on are you a day trader

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scalper

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short-term Traders swing Trader what

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type of style Trader are you

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so uh

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uh London right I like the Judas swing I

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know sometimes you know you'll have the

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Judo swing and then you'll have to

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bounce off of the Asian midline and it

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goes up higher so sometimes um I'll take

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that trade as well but like I like

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London because uh you have so you have

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yesterday's price action right and then

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you have the Asian the Asian rage

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consolidation and then um

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probably the most like the craziest

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thing I've learned like that's so

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precise and I learned it from you was

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the draw on liquidity on the higher time

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frame and I've learned

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um a lot of people even myself like when

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I would see you I'd be like man what is

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this thing going to reverse and you'd be

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like just hold on it's gonna go and

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sometimes it would consolidate but it

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eventually reaches price so I've got

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into more um

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my personal funds so we have the dollar

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hedge fund which is like other people's

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money right and it's bigger capital

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I'm not like I'm not a big fan of day

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trading I like it I like it

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um but the big money for me anyways like

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where I profited more money than

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anything has been on swing trades with

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seasonal Tendencies and certain

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fundamentals and uh because those are

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just easy for me like I can get in them

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and man I've seen them do like I've had

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expectations before and if they've

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lasted past my expectations so like um

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I like swing trading but it has to be

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Commodities strictly like I like string

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into the Commodities but Forex I'll

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definitely introdate I have a problem if

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it's not Commodities because I don't

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know if it's just the way I believe it

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but if I don't have like some crazy

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fundamental and geopolitical things

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behind it I can't hold it I can do it in

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Commodities because I know what's going

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on but within respect to Forex I like to

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get in and get out in

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it's much harder than the commodities

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for me

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for the listeners that are not really

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aware what we refer to as a swing trade

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or a short-term trade for duration time

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what is your classic duration of trade

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in other words from time you get in the

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trade for the time you close it what's

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the comfort zone for you as a Trader

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on the Commodities the seasonal

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Tendencies those can go for months right

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those can go for a month two months but

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primarily I've never taken a trade

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unless I'm thinking I can catch the one

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shot one kill like all of my trades

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start from me trying to catch the one

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shot one kill and then I assess price as

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we move on

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um but usually I like to try to catch

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the load of the week till uh the high of

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the week so it's either like so most of

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the times of the special event there

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isn't much news I like the the Tuesday

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low of the week so like Thursday uh

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maybe Thursday New York session I like

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to reverse it if price is like uh the

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adrs through the roof then I like to

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like try to catch a little move back

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into the range okay what are your

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favorite markets

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my favorite markets uh I love GBP USD

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it's there isn't GBP USD I just feel

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like especially recently I feel like it

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moves like the indices like the movement

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that's going on on GBP uh I like it a

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lot and it's because with the

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correlations I use all your correlations

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even for like AUD nzd I'm just big on

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him and uh for the Mega moves too like

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when the dollar goes into consolidation

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I tend to like look at the cross pairs

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but I really like GBP I like Euro and uh

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I really like oil I like oil a lot too I

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I just think

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um so oil with liquidity runs it's

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really good awesome

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so when you were coming out through

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mentorship and discovering your model

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what you were going to gravitate towards

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as a Trader what were the things that

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you did to help stay motivated when you

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thought that the lessons were not

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clicking fast enough for you felt like

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it was a struggle what was the thing

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that kept you motivated learning

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meant it's um so I remember we were in

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the commentaries right and those the

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commentaries for me were really big

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um I remember I rushed through I like I

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rushed through your content right I was

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trying to get done like I'm looking for

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fair Valley gas I'm looking at the notes

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looking at the mega trades and then I'm

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trying to get in there and like think I

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know what's going on but then uh with

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the commentaries I started seeing how to

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actually read them right I was seeing

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you read price in a way and I always

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tell people it's like um because a lot

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of people in Kurdistan when I first came

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here

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um they didn't know about you right and

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I'm telling them I'm like dudes like

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it's retail is just all over the place

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but right now I kid you not Michael you

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will not find one school of Forex that's

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not icg based everybody is ICT based

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around here wow and uh what it was is I

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started showing on my results I started

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showing my results in Kurdistan where a

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lot of people couldn't show all results

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and I was doing exactly what you were

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doing with them especially like when

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Dollar was really bullish man I was

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calling like I was doing daily analysis

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for the group right I think price is

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going to go here and I kid you not

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Michael I remember one it was like the

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breaking point for me I remember so

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you'll do dxy you do the uh the indices

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SMP but man I was like I was because a

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lot of people here they trade gold a lot

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of them trade gold and a lot of the

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trade oil because we're in Iraq so it's

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like a lot of goldsmiths and a lot of

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oil guys

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I was like I was surprising myself like

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I really was I was like man I can't and

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I can't be this right but I started

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calling a lot of those

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and um that was like the breaking point

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for me because I was like man I would

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see you do it you know and then I

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started doing it and I was like this is

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crazy what's happening

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um but yeah it's just like when when you

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would explain things to us because like

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the fair value Gap there's a lot of them

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you know there's a lot of audible blocks

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there's a lot of places but then when I

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started seeing how you would go and you

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you would disqualify one you'd be like

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we're gonna We're Not Gonna use this

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because there's something under here

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that we may like more and and eventually

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over time like I really think my real

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broker wasn't the first six month it was

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after a year and after a year like I

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started really understanding your

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Concepts and you always say so you'll

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start to speak like me you'll start to

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point out things in the videos

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before I say them you know and after a

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certain point I was like you know

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I'll be honest I started doing my own

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daily analysis because it was to the

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point where like I was thinking like you

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I probably wasn't as accurate as you

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know but it was good enough it was more

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than good enough

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um but I learned through your

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commentaries man and then you'll have

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like these I remember a lot of times um

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to repay good students and good stewards

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because you'll like you'll point out

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something you like just check this area

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I remember like one of them was 8 20 and

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I'll go in there and it's like this

play11:47

little like there's a lot of miracles in

play11:48

there man and I'll go check it out and

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it's like little books of knowledge that

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you can really learn a lot from

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awesome I'm glad you mentioned markets

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like gold and oil where I very rarely in

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you're in mentorship so you know I

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rarely ever cover those markets and when

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my students talk about what they're able

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to do with those markets and find

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winning trades it's not like they

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piggybacked an analysis that I presented

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to the group so to me as a mentor that's

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always encouraging and it's also

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proof that there's a transferred

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knowledge and a rule-based idea that

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you've seen now it communicates across

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all asset classes I can't speak the

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crypto but what was it like for you to

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see how

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you know the teachings predominantly

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being in FX and Forex but still working

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in other asset classes what did it feel

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like when you finally saw that it worked

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across all markets

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honestly it was um I remember at one

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point I was like I was flabbergasted

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like I couldn't believe it like and it

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got to the point where I remember I was

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telling my friends and my wife I was

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like man

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I don't know if it should be this

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accurate like really because it was like

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and you really confident

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you get really confident

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and uh

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so like especially like oil specifically

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so I don't know like I don't have the

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exact answer for where like why it does

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what it does but like I've noticed price

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action delivered on oil

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so precise like I see a lot of you know

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like honestly your own GBP are very like

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I'll see a lot of manipulations it'll go

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back into the breaker block once go back

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to the fair value grab twice we're gonna

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like run stops not background stops and

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then it'll finally drop right and oil

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man those areas it'll just drop right

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into them after hitting liquidity and

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it's gone it'll take off yeah and uh the

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reason that like I was like so amazed by

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is because man when you're running a

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signal group and you drop a signal and

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I'm in a country where not much people

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speak English so they don't have much

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Financial education and I'm going in

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there and I'm like yeah oil should take

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off from here I'm in on oil and they

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just skyrockets right take out more

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resistance

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um

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and so on to be honest like it got to

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the point where like I really had to

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like come back in like I really sort of

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like I deleted my Facebook I was having

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a lot of people that were making

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decisions locally like so we have the

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bazaars I don't know if you've heard of

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those but it's like local just like

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pretty much where you're going buying

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stuff so this

play14:32

thousands of gold stores

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they're buying and selling gold and uh

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you know people are reaching out to you

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through Facebook and they're like hey

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man I bought gold is it going to go up

play14:45

or down

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it's very hard you know

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hey I I started seeing it like in all

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honestly I think

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it with oil is just a whole different

play14:56

thing because it'll

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look strictly for me at least the way

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I've traded it it's strictly liquidity

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based it'll come out take out the stops

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and then go boom especially when you uh

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you're hitting it with seasonal

play15:08

Tendencies I've seen a lot of success

play15:11

with the man that's awesome

play15:13

when you

play15:15

go about your daily business as a Trader

play15:18

and go through your model could you tell

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the viewers what it's like for you

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what's your daily routine what time do

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you get up what time do you trade what

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time do you call your end of your day

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so um I'll uh I I'm usually up by 8 30

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a.m so just to clarify the times 8 30

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a.m is about 1 30 our time in New York

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New York time right 1 30 a.m so um I

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like to trade London I like to trade

play15:45

London

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um I'll uh I'll get up I'll look at the

play15:50

Asian session right I'll look at Asian

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session I'll take a look at your GBP

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always check the economic calendar just

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because I don't want to get in early or

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um I don't want to you know run into

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something that might happen in uh I'll

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assess Asia I'll assess the previous

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day's liquidity and and then the hard

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time frame okay and um Coming Out of

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Asia I usually have a bias right I have

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a point of interest in that area where

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I'm like you know I'm stalking that

play16:19

place and I'm like if it gets into here

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and shows me something that I like I'm

play16:25

gonna take the I'm gonna take the trade

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in one thing Michael man I don't know is

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um

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I don't know how you talk about it much

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but I remember you had said one thing

play16:33

one time and I believe it was in the

play16:35

mentorship so it's I think we're in an

play16:38

industry where everybody's so focused on

play16:40

these crazy entries right I remember you

play16:43

had said a swing low the fourth candle

play16:45

was a confirmation believe me when I say

play16:48

like if you're in the right poi

play16:50

the entry is easy the entry is easy so

play16:53

like

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um

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I'll do a lot of that like I'll just

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look for a place that they've hit

play16:59

liquidity they're in a fair value Gap or

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if they're in a order block

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that's had a you know a pretty good

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displacement I'll take the trade you

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know and we have liquidity and higher

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time frame that's agreeing with us uh

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down below and uh if I if I have the

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winning trade so like I'm usually doing

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like one to two or one to three right

play17:22

but I'm I'm closing half I'm close on

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half as soon as I like catch 30 Pips if

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I catch 30 Pips I'm closing halves uh

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stop to break even sometimes it'll come

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back and get me sometimes it'll come

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back and give me but um if I get like a

play17:38

one to two during London I don't go into

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New York I don't go into New York

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because I honestly I think it's a harder

play17:46

Market because you have the possibility

play17:48

of continuation and reversal so um I'll

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try to if I have my profits line up you

play17:55

know you said that plenty of times like

play17:57

don't give the money back you know I

play17:59

used to especially like with

play18:00

overconfidence you'll start like when

play18:02

you really start

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train these models you'll start hitting

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having high hit rates and you'll want to

play18:07

be in there you're like okay if I get it

play18:09

in London I'll get it in and then for me

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being in Iraq you know Asian section I

play18:14

can trade that too but I just don't

play18:16

touch it I feel like um London is for me

play18:19

is by far the easiest Market to trade

play18:21

awesome so just for the listeners that

play18:24

just heard what you said and I mean I

play18:27

understand what you're saying and other

play18:28

Traders may as well but we may have

play18:30

someone that's casual viewer or not

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really versed in in trading you're

play18:34

looking for three

play18:36

times what you're risking or two times

play18:39

what you're risking per trade right

play18:41

exactly okay we understand all right so

play18:44

if

play18:45

if you could go over what it was like

play18:47

for you at the moment when you felt

play18:50

confident to move from demo trading and

play18:53

paper trading to live trading how long

play18:56

did that transition take for you to feel

play18:58

that you were ready for and how did you

play18:59

know that you were ready

play19:01

so to be quite honest with you I started

play19:05

with real money from the get-go I

play19:09

started with real money because I had

play19:10

some friends

play19:12

and they were doing uh real money socks

play19:15

I jumped in and uh and it's literally

play19:19

what you say I missed my I built a lot

play19:22

of fear to my psychology I built a lot

play19:25

of fear into it but when I started doing

play19:27

demo was when I came back to your

play19:30

courses right

play19:31

um right before mentorship I started

play19:34

doing demo and it was a hard thing for

play19:36

me to do and I remember I would try to

play19:38

get my other friends I'm like yo you

play19:39

guys need to watch this guy's course

play19:42

and they didn't have funds and they

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wouldn't they wouldn't educate

play19:46

themselves and then I I came here too

play19:48

and I saw everybody when their account

play19:50

gets blown they stopped learning and I

play19:54

was like dude like your account is get

play19:56

involved because you're not learning and

play19:58

so um I started doing demos actually

play20:02

like I told you

play20:04

um when I was I had no money I had no

play20:06

money I was forced to use a demo account

play20:09

and then but what happened for me was

play20:12

you started seeing consistency you

play20:14

started you know I just think it's so

play20:16

important and the way to kill emotions

play20:18

for me at least was when you start

play20:20

seeing it over and over and over and

play20:22

over and over

play20:24

starts clicking you don't have as much

play20:27

fear like you don't have as much fear

play20:29

and then I kid you not my equipment I

play20:31

had it the reason I you know take got

play20:35

local thing here in Kurdistan

play20:37

I turned a 5k account into 80 000 and I

play20:41

kid July there was shorting dollar like

play20:43

by the way I learned to develop a lesson

play20:46

on the dollar Index at 89 and I kept

play20:48

trying to Shorter thinking it was going

play20:49

to 70 then it just went off but um

play20:53

supportive model all the way down there

play20:54

because I was just going with a higher

play20:56

time frame but it's hard time frame bias

play20:57

and um it just like I was honestly

play21:01

shocked right I was shocked because I

play21:04

was like I was like how did I get here

play21:06

you know the 5K account most other times

play21:08

would have been gone you know but I was

play21:10

doing the same things over every single

play21:12

day it was the same exact traits I was

play21:14

looking for sometimes it wouldn't be

play21:15

there sometimes it wouldn't be there

play21:18

um and I would force it I would force it

play21:20

and I'll give some back I'll give some

play21:22

back but then it would show itself again

play21:23

and then the risk to rewards you're

play21:26

getting one to two and at that time

play21:28

especially when I took that account like

play21:30

that it was an ether and I was using

play21:32

dude I made so much money on ethereum

play21:35

and like you want to talk about Fair

play21:38

Valley yet on like steroids it was The

play21:41

Ether fair value gaps I mean it was like

play21:43

the time when it was like going to like

play21:45

we got in at like 900 and now it's like

play21:47

just every time I would come back to the

play21:48

fair value Gap run the inner range

play21:50

liquidity and it would Skyrock because

play21:53

it was an overall bull market but it was

play21:55

just it was so beautiful and I made a

play21:57

lot of money on ethereum just uh fair

play21:59

value cabinet February definite

play22:02

um

play22:03

it it was crazy

play22:06

how do you as a Trader deal with taking

play22:09

the losses

play22:13

I've

play22:14

honestly like I've taken so many I've

play22:18

taken so many losses like it used to be

play22:22

um very hard like when I really didn't

play22:25

know what I was doing it used to be very

play22:27

hard

play22:28

I think it helps when you start having a

play22:31

high hit rate and you notice that like

play22:34

okay I'm gonna give one but I'm gonna

play22:35

take two I'm gonna give one I'm gonna

play22:37

take two I'm gonna give one I'm gonna

play22:39

take three and I'll still have I've had

play22:40

times man I've had times where like

play22:43

I went into like streaks right it's just

play22:46

it's just not working and I you know I

play22:49

don't know what it is sometimes the

play22:50

market will just do and I remember like

play22:52

you had told us I think it was GBP USD

play22:55

I'm over there trying to short gbps

play22:58

you're saying don't shred it and I'm

play23:00

trying to short it

play23:02

the time would give me a little profit

play23:04

and then it would take me out take me

play23:06

out

play23:07

um I I tried to just it's gone to the

play23:10

point for me where like a loss is just

play23:12

another day in the business honestly

play23:13

like it's expected

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um if it happens it happens but what's

play23:17

most important is uh I I don't Revenge

play23:21

straight I've done usually if anything

play23:23

man I have a so I don't know if it's my

play23:25

psychology especially like in the signal

play23:28

group so that hurts me a lot more when I

play23:31

have a signal that hits a stop loss

play23:34

man my wife will look at me she's like

play23:36

you look like you lost a million dollars

play23:38

yeah and it's because so many people are

play23:40

watching and so it's like

play23:43

but like when it's like my own money

play23:46

um it's just another day at the office

play23:48

honestly like I'll have losing trades

play23:50

and then I try to journal from so like

play23:54

I'll be honest I was never like I know

play23:56

you say Journal Journal Journal I just

play23:59

meant I don't know if I'm just like not

play24:02

the best student but I much rather watch

play24:06

you over it over and over and I watched

play24:09

you over and over but then when I would

play24:11

take losses or if I would do something

play24:13

that like I I was I shocked myself with

play24:16

something very unique I would take notes

play24:18

I'll usually take notes of what the

play24:20

previous days price

play24:22

was

play24:23

um why I got into the engine what I saw

play24:25

before I got into the entry and then

play24:28

like honestly it starts to repeat

play24:30

especially this um this year

play24:34

I guess the year before CPI so like I

play24:37

was doing a lot of CPI right and I was

play24:39

noticing this the same price action was

play24:43

if you go back I'm looking on all the

play24:45

days that we had CPI

play24:47

the same price action it was this it was

play24:49

building trendline Phantoms all the way

play24:51

up until the news and then it would make

play24:54

one high show you a brick and Market

play24:56

structure news comes out and it just

play24:58

dips big

play25:00

um

play25:01

so yeah I just I like to like

play25:04

write little things down and then

play25:06

anything that you would say like

play25:07

especially in your videos that you take

play25:09

your time out and say hey pay attention

play25:12

to this

play25:13

immediately noted because I want to know

play25:15

why we are paying attention to that

play25:17

okay

play25:19

you mentioned your wife was there any

play25:21

kind of

play25:22

adversity with you learning how to do

play25:25

this with your wife or was she

play25:27

encouraging from the beginning

play25:29

so man uh

play25:31

I can honestly my wife has been a

play25:33

blessing to me because I came into this

play25:37

country

play25:38

I've never done business in the Middle

play25:39

East right so like I come from the stage

play25:42

you got laws you got like man I lost

play25:46

some guy

play25:48

he took a 180 000 from like his and

play25:52

there was nothing I could do right there

play25:54

was nothing and he took it legally like

play25:56

so we send it to the money exchange for

play25:59

the money exchanger go to the broker

play26:02

and uh he took it and so you know I'm

play26:06

like okay let's go to the police let's

play26:08

go here and then they the way the

play26:10

economic system that up here is

play26:13

um

play26:13

you go and like take somebody to court

play26:16

they're gonna say I have no money and

play26:18

they're gonna say well here pay a

play26:20

hundred dollars a month so you're better

play26:22

off handling it in a tribal way right so

play26:25

like it's things are very tribal but so

play26:28

like at that time man you know you work

play26:30

your way up and things like that happen

play26:33

I remember my wife

play26:34

she would tell me you know she would

play26:36

tell me she'd like you gotta keep going

play26:38

and then uh I'm into a market where

play26:43

everybody thinks they know what's going

play26:45

on right and I'm the new guy my Kurdish

play26:48

wasn't great so I'm like coming in and

play26:51

so man I had I kid you not man people so

play26:54

many people just firing darts at you

play26:57

they're firing darts at you and so I'm

play26:59

not trying to you know the in the

play27:00

Statesman control them back right that

play27:03

in this culture you can't you can't name

play27:06

names right so think about this I

play27:08

couldn't name them I couldn't take them

play27:10

to court I couldn't do anything so

play27:12

you're and so I'm like I told her I was

play27:14

like I've never felt like I've been so

play27:16

like literally oppressed I'm like I

play27:19

can't speak my mind I can't troll them I

play27:22

can't reply them because it's like let's

play27:23

look down upon because uh it's like

play27:26

always taking the higher route and so um

play27:29

my mother my wife would always support

play27:31

me and be like you know this is how it

play27:33

is here but in the end in the end

play27:35

results are going to show you're gonna

play27:37

break through the market I'm sure

play27:40

man there's been times where like I was

play27:42

like man that's it I'm gonna start

play27:43

another business you know I'm gonna go

play27:45

into something else and she was like

play27:47

you're made for this this is what you

play27:49

are that's great yeah and she's

play27:55

yo watch Michael's YouTube

play27:58

2022 I'm telling you yeah and she

play28:01

doesn't she wants no part of that but

play28:03

she wants to just support me and push me

play28:06

um and within dollarhead she'll just ask

play28:07

her that I'm not allowed to answer

play28:09

people back man because if I answer them

play28:11

back I immediately asked them in a way

play28:13

that comes off as very rude even though

play28:15

it's brutally honest and it's with

play28:17

respect but here

play28:20

um so she'll just handle all the

play28:21

communications I try to just stay on the

play28:23

training part of everything okay so

play28:27

when you started trading after losing

play28:31

the accounts that you mentioned like

play28:33

everybody does eventually you know if

play28:34

you do it too fast you'll lose your your

play28:36

money

play28:38

when you got back into did you use your

play28:40

own funds or did you trade with like

play28:42

funded accounts

play28:45

so I didn't use my own funds um I had

play28:49

other people that would invest in me

play28:52

um I I also really think I think it's

play28:55

the system's a little ripped against

play28:57

retail trainers I really believe that I

play28:59

think you should have

play29:00

a minimum like I'm not saying like go

play29:03

and throw five thousand dollars in an

play29:05

account if you don't know what you're

play29:06

doing right right but at the time ftmo

play29:10

wasn't something that like they're big

play29:12

now they're they're legal everybody

play29:14

knows they're legit but when I was

play29:15

seeing ftmo I didn't look at it I was

play29:19

like I didn't even know what it really

play29:20

was or I thought at the time that those

play29:22

the the faces were crazy right but it's

play29:25

just because I hadn't seen this is the

play29:27

way I wanted to see success

play29:30

um but then uh eventually

play29:32

I did the ftml

play29:34

kids and I got funded with them not

play29:38

because I didn't have life funds because

play29:40

I had investor money but because it was

play29:42

show of proof

play29:44

it's really important because I knew

play29:45

nobody else could do it here

play29:47

if you're not

play29:49

um I I started using because we don't

play29:51

have like you know we don't have

play29:52

licenses we don't have anything here

play29:54

right so it's like I'll tell them like

play29:56

you know show me you can manage risks

play29:58

because a lot of people who will make

play29:59

profits but it's risking the whole

play30:01

account

play30:03

um yeah you know it's like it's like you

play30:05

make a lot of money one day and then you

play30:07

lose it all and so I started with ftml I

play30:13

was funded with them and then um

play30:16

after ftmo I

play30:19

I so got on with uh my Canada ftmo I

play30:22

would do like 22 000 and then it got

play30:25

blown it got blown and I just think I

play30:28

wasn't ready for it psychologically

play30:30

when you get an account like that where

play30:32

like you have no liability really right

play30:36

that all you can lose is a thousand

play30:38

dollars and at that point I was just

play30:41

like man I make good money now I'm

play30:43

trying to make 80 000 you know right and

play30:45

then it didn't happen and then um but

play30:48

overall until like like in my lifetime I

play30:52

guess it's in the past two years I've

play30:53

withdrawn over ninety thousand dollars

play30:55

through ftmo and fun Trader

play30:58

um the other places I haven't tried I

play31:01

haven't needed to try them

play31:02

um I just like within fund Trader I I

play31:06

think I wish they would have Commodities

play31:08

on there right I wish they could have

play31:10

oil on there but they don't but ftmo

play31:12

does have it on there

play31:14

um but off it's also different for me

play31:17

honestly like when you imagine your big

play31:19

funds you're not that worried about

play31:20

certain things you're looking for great

play31:22

entries discounts or premiums but um

play31:26

with uh with the ftmus and the fun

play31:28

Traders I'm trying to like it's very

play31:31

hard for me like I'll see some people

play31:33

that are withdrawing 100 000 on their

play31:36

withdrawals it's hard for me to do that

play31:37

like I'll make ten thousand I want to

play31:40

withdraw right right you know I just

play31:42

want to take it when I got it right it's

play31:44

not yours unless you have it in your own

play31:45

hands

play31:46

exactly

play31:48

enough you know

play31:49

and I've also seen I've been up on

play31:51

accounts where like I was up 17 18 000

play31:54

and I was trying to I was trying to do

play31:56

the big withdrawal you know

play31:59

um and then

play32:00

ended up losing it yeah so I was just

play32:03

like you know what uh you gotta take it

play32:05

when you got it so like now it's like

play32:07

anytime I get to 7 000 profit I'll

play32:10

really strictly think about let's pay

play32:12

ourselves shape right

play32:13

I've had a lot of students tell me this

play32:16

very similar thing they run the account

play32:18

up they run the account up and they want

play32:19

to get through some real big number six

play32:22

figures and then that's the thing that

play32:24

does them in and it's like I thought

play32:26

this would have took the money out going

play32:27

up I would have been better and that's

play32:29

what I'm trying to encourage I don't

play32:30

want anyone to watch these interviews

play32:32

and think to themselves that the only

play32:33

way they get to come on here and talk to

play32:35

me is to have the big withdrawal no as

play32:37

long as you know what you're doing and

play32:39

you're profitable and you know your

play32:40

model that's the students I want to

play32:42

listen to and that's what everybody

play32:42

wants to hear from they don't want to

play32:44

hear the the one big windfall something

play32:46

I can get lucky with they want to be

play32:47

able to hear someone that says look I

play32:49

understand that there's profits and yeah

play32:51

I might be able to run it up but I want

play32:53

to get paid and I like your mindset

play32:54

about that was it's not your money until

play32:57

it's in your hands so that's that's a

play32:59

good perspective to hold

play33:02

tell me about

play33:03

your overall experience as a Trader you

play33:06

mentioned over the last two years you

play33:08

made over ninety thousand dollars in

play33:09

withdrawals between two companies that's

play33:11

amazing but from your perspective as a

play33:15

man as a husband as a risk taker

play33:19

what's your

play33:21

overview if you could describe what it

play33:24

was like from you for you rather when

play33:26

you first started and the doubts and

play33:29

concerns and and fear maybe you had in

play33:31

the beginning and how you look back at

play33:33

it now because of where you are

play33:40

to actually knowing what you're doing

play33:43

right I remember when I was uh so man I

play33:46

did everything I went from a lot of

play33:48

retail Concepts I went through

play33:50

indicators fibonaccis trend lines I used

play33:52

them all and sometimes they would work

play33:55

and but it would always end up with me

play33:57

blowing the account it would always end

play33:59

up with me making a small profit but

play34:01

then taking huge losses and I would

play34:04

always be like I'm like you know look at

play34:06

them like okay I'm looking at the same

play34:07

education that says okay Taps the trend

play34:10

line three times and it shows a push-up

play34:13

and I should buy

play34:14

and uh I never had the answers right and

play34:18

what gravity like what really really

play34:20

gravitate me towards your teachings was

play34:24

it was against everything and I remember

play34:26

when I when I was watching the YouTube

play34:28

videos I was like man this is you know I

play34:30

didn't get a lot of it like I wasn't

play34:32

understanding a lot of the things you

play34:34

were saying because it was like Candle

play34:36

by candle and time education where like

play34:38

in other places I'm moving on and moving

play34:40

I'm waiting on a moving average

play34:41

crossover and I'm that's my Buy Signal

play34:44

you know yeah and uh but it's crazy

play34:48

because as time went on I'd be surprised

play34:50

I'm like man and I always explain to new

play34:54

traders that I want to show people Forex

play34:55

they're like and that looks so

play34:57

complicated and I'm like it's not that

play35:00

you've got to keep pushing it starts

play35:02

opening up you start knowing what's what

play35:05

in here and uh what's uh the craziest

play35:09

thing for me was like when I started

play35:11

making profit even when you were losing

play35:14

right even when you're losing many times

play35:17

you knew why you lost you had a reason

play35:20

why you lost I'm like I remember I got

play35:23

into when I started doing really well

play35:25

with your system I was on Instagram and

play35:28

I was saying a lot of people showing

play35:31

crazy risk rewards and I was like man my

play35:34

head rate is crazy how am I not doing

play35:37

what they're doing right right so I went

play35:39

and bought another course okay I went

play35:41

and bought these like crazy Rich reward

play35:43

courses and I kid you not Michael

play35:45

I went through three months of losing

play35:49

money and my wife kept telling me she's

play35:52

like dude go back to ICT what are you

play35:55

doing but at the same time I'm looking

play35:57

at these guys and then eventually I

play35:59

realized that's all fraud these are like

play36:02

they're two demo accounts so they're

play36:04

they're doing all types of like running

play36:06

empty Circle right

play36:12

trades I was like I remember you said

play36:14

you're like when you're moving volume

play36:16

is not going to add up right

play36:19

you know and so um

play36:22

for like three months I had evaded your

play36:24

drawing liquidity

play36:26

and I was always so I was so focused in

play36:29

on the lower time frames right and um

play36:33

seeing like a couple of Pips on profit

play36:35

right with huge loss right

play36:37

and then it would and that's not

play36:40

realized like it's just better to catch

play36:41

the Pips

play36:42

if I would have just caught the Pips and

play36:44

stayed on the hard time from drawing

play36:46

liquidity I would have made just as much

play36:48

money

play36:50

um

play36:50

so it's like the biggest Journey for me

play36:53

was going from a place where you didn't

play36:57

know why you were losing

play36:58

to a place where even when you lost you

play37:02

could go back and be like okay I lost

play37:03

because I missed something here and a

play37:06

lot of times I've noticed uh when I lose

play37:09

is uh I've either gotten into a trade a

play37:13

little too early and uh

play37:16

overconfidence or just my hard time

play37:19

frame bias it's been uh has been wrong

play37:21

I'm trying to catch the reverse you

play37:23

always tell us too you're like don't try

play37:25

to catch the reversal when I get burned

play37:28

and it's when I'm trying to catch the

play37:30

reversal too early and I haven't got a

play37:32

confirmation from him right

play37:36

what would you say to students that have

play37:39

gone through my private mentorship

play37:42

haven't found their own model yet

play37:44

or to the viewers that are watching the

play37:47

content that I have on my YouTube

play37:48

channel and feel like they're not

play37:50

learning fast enough what kind of

play37:52

encouragement would you tell them

play37:57

like honestly I'm an example like um I

play38:01

make my entire living everything I make

play38:03

is from this industry I have no other

play38:06

businesses I don't have real estate

play38:09

and I went through the entire process I

play38:12

went through the entire process and I

play38:14

want people to like you know the truth

play38:16

is man we're not learning something easy

play38:19

like we're in like probably the most

play38:21

manipulated markets in the world yes um

play38:24

but the teachings are there like I

play38:26

always tell like um the keys are there

play38:28

you're handing us the keys and I always

play38:31

tell people do not worry about actual

play38:35

profit right because I you know it's

play38:37

crazy because

play38:38

I used to always be like and I have

play38:40

friends and a lot of people here now

play38:42

they'll come up to me and they're like

play38:43

hey man I'm a Trader give me money you

play38:45

know I can do this and I remember the

play38:48

money comes when you're ready when you

play38:50

are ready the money will come and but I

play38:53

just think for new Traders or traders

play38:56

that are struck I really think they

play38:58

should focus on the one thing I I really

play39:01

I'm really big on Monday I'm really big

play39:03

on London because it's it's like a

play39:06

little law book that you can create for

play39:09

them you know you're like this is Asian

play39:10

range this is what we're expecting this

play39:13

is where you can take the profit if you

play39:15

don't see this happening then don't take

play39:17

the trade it's very simple the judicial

play39:20

event is I honestly like I couldn't tell

play39:22

you how many times I've taken that trade

play39:24

in my life like I'm taking it a lot and

play39:26

it's by far the easiest trade for me and

play39:29

I would tell them because I just think

play39:31

man you know I got into uh

play39:34

probably

play39:35

a lot of other trades like so like your

play39:38

Gap theories right now you're doing the

play39:41

new opening guys but even like your

play39:43

intraday gaps right

play39:45

um all those like out to the point where

play39:48

like I always say I can't say that I'm

play39:50

trading one model right you've given me

play39:52

a tool of like a lot of things so

play39:55

sometimes this will be the volume

play39:56

imbalance the volume and balance on your

play39:58

at 110 I kid you not recalled it and it

play40:01

was like I mean literally went up there

play40:03

to the pivot I don't know if he saw it

play40:05

they hit about like two fifths and

play40:06

dropped like 300 points

play40:09

um so like it just depends on what the

play40:11

charts is giving you but honestly you

play40:12

it's like your V you give us this

play40:14

vehicle and you're like this does this

play40:16

this does that

play40:17

and uh tried to like I always say like

play40:20

no a lot a lot about something specific

play40:24

for the beginning but eventually you're

play40:26

going to get to the point where whatever

play40:28

the market gives you

play40:30

um you can work with it okay like I also

play40:33

like for me personally I'm not using

play40:35

order blocks like I used to anymore

play40:38

it's not that they don't work it's not

play40:40

it's just it's not for me I like the

play40:42

fair value gaps I like the daily opening

play40:44

Gap

play40:45

I like low resistance uh deadline fan

play40:48

tips I that's what I like it just makes

play40:51

it more clear to me I I think for

play40:53

aspiring students like fun and you know

play40:57

what's so crazy is I was looking at one

play40:59

of your um

play41:01

it was one of your models right it

play41:03

wasn't a model but you commented on the

play41:05

forums right so when I first started

play41:07

like really having success with your

play41:09

teachings

play41:11

certain setups came up to me that you

play41:14

had exactly said what they were right so

play41:17

I started digging into the forms you

play41:19

know and one of them was it was the so

play41:23

we have a the inner range liquidity

play41:25

after we make a high leave a low

play41:27

resistance and we're coming back take an

play41:29

intern wrench liquidity into a fair

play41:31

value Gap and it just takes off so I

play41:34

remember for a while all I was doing was

play41:35

just taking that trait I was like this

play41:37

is the one for me this is the one and I

play41:40

think a lot of Traders they're

play41:41

eventually going to find you like you're

play41:42

gonna find your setup but it's just you

play41:45

got to stick with it if you don't stick

play41:46

with it like it's just very very hard

play41:50

because I have so many friends they only

play41:52

trade when they have money in their

play41:54

accounts and it's just it's an

play41:55

impossible game and you're not going to

play41:57

win like that

play42:00

where do you see yourself in the next

play42:02

three to five years what's your goals

play42:03

for yourself

play42:06

management that is um

play42:10

I just you know I

play42:11

I like

play42:13

France I think there's a lot of people

play42:16

managing billions of dollars not because

play42:20

they're very smart but because they have

play42:23

strong ties

play42:25

to wealthy people I've noticed like

play42:28

because I was doing a study on hedge

play42:30

funds

play42:31

a lot of them

play42:33

aren't doing crazy numbers right and I

play42:36

understand there's more volume right but

play42:39

at the same time there's certain I I

play42:41

just think a lot of hedge funds are

play42:44

doing technical analysis if they're not

play42:47

like doing high frequency trading right

play42:48

it's like this like Mom and Pop firms

play42:51

where there's their managing wealthy

play42:52

families monies a lot of them aren't

play42:55

really Traders the ones that are Traders

play42:57

and that are there are really educated

play42:59

on the markets these are the big hedge

play43:02

fund managers we end up seeing but I

play43:04

think for the most part

play43:06

um what I've come to realize is there's

play43:09

if a Trader can get to the point where

play43:11

he can manage money and specifically uh

play43:14

like learn things like seasonal

play43:16

Tendencies the bonds geopolitics like

play43:20

these things man this is what then I

play43:22

told you like this is what really

play43:24

attracted me to your page was like

play43:26

I started looking from the outside like

play43:29

I was looking at the economics and I was

play43:31

like man so this is a gonna affect uh

play43:34

corn right so we have this war going on

play43:37

this is gonna and I started longing weed

play43:40

I started longing oil I started logging

play43:42

corn and I got in that corn and so we

play43:45

have cfd's here by the way so it's like

play43:48

we're not regulating

play43:50

the house is going to take your bed

play43:52

pretty much I've got in that corner of

play43:54

300 a bushel men and I believe like yeah

play43:57

well it was um and they don't um there's

play44:02

no interest because this Islamic country

play44:04

so it's just like it's very easy to make

play44:06

money but um what I what I really

play44:09

realized I think

play44:10

people that really go through your

play44:12

course that really really go through

play44:14

your course I think it's it's a money

play44:17

management course I really do I think

play44:19

you can come out of there and you can be

play44:22

put in any type of financial institution

play44:24

whether you want a day trade whether

play44:26

you're on a string trade whether you

play44:27

want to do Financial Consultant I've

play44:30

never been able to like

play44:33

uh layout of words about a certain topic

play44:35

like everything and I just think the way

play44:37

you've taught it I think you sort of

play44:40

grow us from like Traders people that

play44:43

literally are coming into the market and

play44:45

you take us step by step but I think the

play44:48

final result

play44:49

is uh

play44:51

it's just money management I also think

play44:54

man there's other things uh that you

play44:57

haven't taught in the course but by

play44:59

knowing your course people if they

play45:01

really indulge in it there are certain

play45:02

secrets that they find out within price

play45:05

that really make a big difference yeah

play45:09

well I had a wonderful time talking to

play45:11

you today it was amazing hearing how

play45:15

you do things on the other side of the

play45:17

world and how it is where you're at

play45:18

locally I love the idea where you're

play45:21

taking your trading in what your

play45:23

direction you're going to try to pursue

play45:25

and I appreciate you spending your time

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and sharing your testimony with me

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I have one question for you please let

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me ask you sure sure

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please I have so many people telling me

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I'm missing out on the markets because

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of volume

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is there something that I need to be

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doing within volume is it like is there

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like a magic volume indicator that's

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going to change my life that's going to

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change my trading because everybody's

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telling me volume volume and I'm like

play45:55

man I've done the research

play45:57

and I've listened to you talk about it

play45:58

and I just think price prints before the

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volume in my mind like when I see it I'm

play46:03

like well like they'll show me tricks

play46:05

I'm like well price action would have

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told me the entry long before the volume

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yes so I just wanted to know you don't

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even have to put this on there it's just

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I'll include it

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um there's a lot of students that have

play46:19

come to me that

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swore by volume analysis

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and not all of them are convinced but

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all of them have loosened their grip on

play46:30

it

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and understand that it's not necessary

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price is going to tell you the story

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as long as you know what the narrative

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is

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I'm gonna tell you as a Trader that can

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read price action where the volume is

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going to become prevalent where it's

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going to be high where it's going to be

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low so pursuing or looking at volume is

play46:53

yesterday's news

play46:55

it's already happened it's a number that

play46:58

you should have already anticipated

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being in the marketplace anyway so I'm

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not looking at old news I don't want to

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look at the weather from yesterday

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because it doesn't do me any good so

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volume is not a necessary thing in in my

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opinion and most of my students they've

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seen that the truth

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very welcome

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for real man it's been an honor thanks

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for what you do for not just Traders but

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for also opening the eyes of a lot of

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people that are struggling

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I really appreciate that man I'm very

play47:30

very honored to be in the position I'm

play47:31

in thank you so much for your time

play47:33

thanks so much take care

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