How to Stop Staying Stuck as a Trader

mentfx
10 Jul 202418:37

Summary

TLDRThe video script discusses the challenges of trading, emphasizing the importance of understanding market trends and structure. It uses the metaphor of climbing rocks to illustrate the gradual learning process in trading, where traders must avoid the trap of constant change and instead build a solid foundation of knowledge. The speaker shares insights on recognizing market movements, supply and demand, and the significance of sticking to a disciplined approach to achieve profitability and avoid the common pitfalls that lead to failure.

Takeaways

  • 📈 Trading is difficult due to the vast number of approaches and the need to master a specific methodology to be successful.
  • 🔄 The 'M Effect' or trend following is presented as a preferred trading strategy that emphasizes proper market structure understanding.
  • 🪨 The concept of 'rocks' symbolizes independent trading concepts, each representing a step in a trader's learning journey.
  • 🤔 The challenge for traders is to resist the temptation of comfort and novelty, which can lead to a cycle of perpetual learning without mastery.
  • 🚫 Many traders quit or get stuck in a loop of learning new strategies without fully mastering any, leading to a lack of profitability.
  • 💡 The importance of understanding market movement through supply and demand dynamics is highlighted as a key to successful trading.
  • 📚 Education in trading should be gradual, building upon foundational knowledge to develop a robust trading system.
  • 🔑 Mastery of trading comes from sticking to a learning path and avoiding the trap of constantly seeking new strategies without applying them.
  • 🧠 The learning process in trading is likened to academic education, where foundational concepts are built upon over time.
  • 📉 The script emphasizes the importance of recognizing when not to trade, as part of a disciplined trading approach.
  • 🌐 The concept of trading in harmony with market trends and understanding the larger supply and demand areas is crucial for entry and exit points.

Q & A

  • What is the main challenge that traders face according to the speaker?

    -The main challenge traders face is the multitude of approaches to trading and the difficulty in mastering a single, consistent method, which leads to a perpetual cycle of switching between different strategies without achieving proficiency.

  • What does the speaker refer to as 'the M effect bubble'?

    -The 'M effect bubble' is a term used by the speaker to describe a trend following or structure following approach to trading, which emphasizes proper understanding of market trends and structures as a foundation for successful trading.

  • Why does the speaker compare trading concepts to rocks?

    -The speaker uses rocks as a metaphor to represent independent trading concepts. Climbing each rock symbolizes mastering a concept, and the difficulty of moving from one rock to another represents the challenge of learning new trading strategies.

  • What does the 'foam mattress with snacks and steak' represent in the script?

    -The 'foam mattress with snacks and steak' symbolizes the comfort zone or the temptation to revert back to easier, less effective trading strategies after achieving some initial understanding or success.

  • What is the significance of the '90% of traders' statistic mentioned by the speaker?

    -The statistic highlights that a large majority of traders never progress beyond the initial stages of learning and often quit or remain stuck in a cycle of switching between trading strategies without achieving mastery.

  • What does the speaker mean by 'trading true structure'?

    -Trading true structure refers to understanding and following the natural patterns and trends of the market, rather than trying to predict or manipulate them, which is a key component of the speaker's preferred trading approach.

  • How does the speaker describe the process of learning to trade effectively?

    -The speaker describes the learning process as gradual and building upon initial understandings, similar to constructing a house from the foundation up. It involves making incremental leaps in understanding and avoiding the temptation to jump between strategies.

  • What is the importance of understanding supply and demand in trading according to the script?

    -Understanding supply and demand is crucial as it forms the basis of market movements. Recognizing how supply and demand validate price movements can lead to more accurate predictions and better trading decisions.

  • Why does the speaker emphasize sticking to a single trading approach?

    -The speaker emphasizes sticking to a single approach to avoid the treacheries of falling back into a cycle of learning and forgetting. Consistency in learning and applying a single approach is key to achieving mastery and profitability.

  • What does the speaker suggest is the key to breaking out of the cycle of perpetual learning without progress?

    -The key to breaking the cycle is to make a commitment to a single trading approach and to continue learning and applying it consistently. This gradual accumulation of knowledge leads to a deeper understanding and eventual mastery.

  • How does the speaker describe the difference between a novice trader and a proficient one?

    -The difference lies in the depth of understanding and the ability to apply that understanding consistently. A proficient trader has a solid foundation and a clear template for entries, management, and exits, whereas a novice trader may lack this structure and understanding.

Outlines

00:00

💎 The Challenge of Trading: Mastering Independent Concepts

The speaker introduces the concept of trading as a challenging endeavor due to the vast number of approaches one can take to engage with the markets. They liken the process to climbing rocks, where each rock represents a unique concept or strategy. The 'M effect' or trend following is presented as a preferred method due to its profitability and educational value. The speaker emphasizes the importance of understanding market structure and trend to build a solid foundation in trading. The analogy of the 'foam mattress' and 'snacks' illustrates the temptation to revert to comfort or less challenging methods, which can lead to a cycle of perpetual learning without mastery.

05:01

🌐 The Importance of Stepping Stones in Trading Education

This paragraph delves into the idea that trading education should be a gradual process, akin to climbing from one rock to another, each representing a deeper understanding of market dynamics. The speaker warns against the pitfalls of jumping from one system to another without fully grasping the underlying principles. They discuss the importance of recognizing and leveraging supply and demand within market structures to identify trend opportunities. The paragraph also touches on the concept of fractals and time frame analysis, suggesting that a comprehensive understanding of these elements can lead to more effective trading strategies.

10:03

📈 Building a Robust Trading System Through Sequential Learning

The speaker continues to build on the theme of gradual learning, emphasizing the need to construct a trading system brick by brick, starting with a foundational understanding of market trends. They discuss the process of learning to identify and capitalize on market movements, using supply and demand as a framework for entry and exit points. The paragraph highlights the importance of sticking to a learning path and not being swayed by the allure of new, unproven strategies. The speaker also introduces the idea of using higher time frames for context and lower time frames for validation, creating a multi-layered approach to trading.

15:03

🚀 Achieving Mastery and Profitability in Trading

In the final paragraph, the speaker discusses the culmination of the learning process, where traders develop a mastery that sets them apart from the majority who remain in a cycle of perpetual learning without achieving proficiency. They stress the importance of understanding market conditions and having a clear template for entry, management, and exit strategies. The speaker also addresses the gap between a trader's proficiency and the average person's understanding, illustrating how this gap leads to more informed and profitable trading decisions. The paragraph concludes with a reminder of the high percentage of traders who quit before reaching a proficient level, urging viewers to stick with their learning process to find true profitability.

Mindmap

Keywords

💡Trading

Trading in the context of the video refers to the act of buying and selling financial instruments such as stocks, bonds, commodities, or currencies, typically in a financial market. The video discusses the challenges traders face in making profitable decisions and emphasizes the importance of a structured approach to trading.

💡M Effect Bubble

The 'M Effect Bubble' mentioned in the video is a metaphor for a trading strategy that focuses on trend following or structure following. It suggests that understanding and adhering to market trends is crucial for success in trading, as it helps traders identify profitable opportunities.

💡Structure

In the script, 'structure' refers to the underlying patterns or frameworks within the market that traders can use to make informed decisions. The video criticizes improper understanding of market structure and advocates for a proper grasp of these patterns to enhance trading strategies.

💡Trend Following

Trend following is a trading strategy highlighted in the video where traders attempt to profit by following the direction of the price movement of a market. The script emphasizes that true trend understanding is key to successful trading and avoiding common pitfalls.

💡Supply and Demand

Supply and demand are fundamental economic concepts that the video uses to explain market movements. In trading, understanding when there is more demand than supply (or vice versa) can help predict price changes, which is a critical component of the trading strategy discussed.

💡Education

Education in this video is portrayed as a vital step in a trader's journey to profitability. It refers to the process of learning and internalizing trading concepts and strategies. The script stresses the importance of proper education to build a strong foundation in trading.

💡Conceptual Niche

A 'conceptual niche' in the video refers to a specific area of knowledge or understanding within trading. The speaker uses the metaphor of rocks to illustrate the various levels of conceptual understanding that a trader must navigate to achieve mastery.

💡Loop

The term 'loop' in the script describes a cycle of behavior where traders get stuck in a pattern of not advancing their understanding or skills. It symbolizes the stagnation that many traders experience, often leading to quitting or failure to achieve profitability.

💡Entry

In trading, 'entry' refers to the point at which a trader decides to open a position in the market. The video discusses the importance of identifying the right entry points based on a thorough understanding of market trends and supply-demand dynamics.

💡Profitability

Profitability in the context of the video is the ability to consistently make money through trading. It is presented as the ultimate goal of a trader, which can only be achieved through mastering trading concepts and strategies, as well as avoiding common pitfalls.

💡Time Frames

Time frames are intervals on a chart that traders use to analyze market data. The video mentions the importance of understanding and using multiple time frames to identify trends and make informed trading decisions.

Highlights

Trading is difficult due to the vast number of approaches available, often leading to confusion and lack of success.

The 'M Effect' or trend following is a preferred method for its profitability and educational benefits.

Understanding market structure is fundamental but often poorly taught, leading to improper trading practices.

The importance of learning to trade true trends and structures as the basis for education in trading.

The challenge of scaling the 'rocks' of understanding in trading, which represent independent concepts.

The 'nice foam mattress' analogy represents the temptation to revert to comfort and simplicity, hindering progress.

The 'perpetual cycle' that most traders find themselves in, unable to progress beyond a certain point.

The necessity to leap from one 'rock' of understanding to another, building upon each new concept.

The concept of supply and demand as a foundational principle for market movement and trading decisions.

The importance of not just understanding trends, but also how to identify and capitalize on them effectively.

The idea that education in trading is a gradual process, building upon small steps to achieve mastery.

The risk of falling back into old habits or comfort zones, which can derail a trader's progress.

The necessity to construct a trading system from the foundation up, rather than picking up pre-built systems.

The importance of recognizing and sticking to a trading approach to avoid the pitfalls of constant change.

The concept of fractal supply and demand across multiple timeframes as a method for identifying entries.

The significance of understanding market conditions and when not to trade as part of a trader's education.

The gradual development of a trader's ability to identify and manage trades effectively over time.

The gap between a trader's proficiency and the average person's understanding, highlighting the importance of continued learning.

The high percentage of traders who quit before reaching a proficient level due to the challenges of learning.

Transcripts

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hey how's it going welcome to mfx so

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this right here in front of you these

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little rocks these little circles

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whatever you want to call them are

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actually the reason that trading is very

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very hard for a lot of people and why a

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lot of people really never make it

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anywhere in their trading careers and I

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kind of want to cover them with you

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right now so that as you continue you

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hopefully can get better and a lot

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quicker okay so very simply the way I

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want you to think about these rocks are

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as kind of independent Concepts okay so

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you start off as a Trader this is

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literally you whatever you want to call

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it and the problem that we all

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experience is there are close to 5

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million trillion billion whatever you

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want to call it different ways to

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actually approach the markets there's

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there's many ways to approach the

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markets okay you might have started in

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any discipline it doesn't really matter

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but there's many ways to approach the

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markets okay the one that I use is

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personally the one that I like the most

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because of course it made me the most

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profitable made me the most money and

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has proven at least to me through

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education of others that it has built

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and brought profitability to a lot of

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other people so what we're going to

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assume is we'll call this the uh in this

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scenario here the M effect bubble or

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otherwise known as Trend following

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structure following proper structure

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proper Trend right because as you guys

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know I talk about this a lot a lot of

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the stuff in the overall space actually

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teaches you structure very poorly where

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you know you'll learn how to use

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structure and then all of a sudden

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you'll be taught to wait for this or

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wait for this or wait for this and then

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you'll be taught to trade inside of this

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to come back to the zone to come back

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down to make a new break to come back to

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a Zone to come up Etc right so this is

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what I call impr proper structure

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understanding which is fine you know

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it's it's a it's a version of of it that

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can work for you but the me effects way

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is basically to understand that we trade

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true Trend true structure and that's

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where the education starts right so

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we're going to talk about this

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specifically in the ment effect sense of

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what you kind of learn here but this is

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going to apply no matter what so I want

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to imagine I want you to imagine that

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this is you and I want you to ask

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yourself okay how hard okay is it to

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scale this rock you know how hard is it

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to get on top of it um it might be a

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little hard right you'd have to put

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hands on you probably have to kick your

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leg up and then boom you get on top

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right and now you're on this you're on

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this rock so you made your first your

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first step is what we can call it okay

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now upon making that first step what

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actually happens is you sit upon this

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Little Rock of understanding um and then

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what happens and this is a very very

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treacherous and scary thing is that down

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here okay you have a very very nice a

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super nice nice okay a super nice nice

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foam mattress okay and next to the foam

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mattress you have snacks and steak and

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whatever else you guys like to eat okay

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so that's this little this little area

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down here and that area actually

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represents another Little Rock okay it

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actually represents another potential

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Little Rock So this could be another

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system this could be the new algorithmic

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system this could be the new 9:45 a.m.

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uh trading system this could be the new

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breakout system whatever it might be

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okay this represents that so what tends

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to happen is that people take the step

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back down because well it's nice you

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know there's a nice fo mattress there's

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snacks there's steaks and it appears

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like you found some new Grail you've

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struck new gold and as a result you end

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up coming back to the guy here and a lot

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of the time most Traders this is

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actually 90% of Traders uh before

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quitting end up in this little Perpetual

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cycle right here this is the cycle of

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close to everybody that's watching this

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video right now if you just found this

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video it's actually very likely you're

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in this cycle right here because you

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found me randomly right you haven't seen

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any of my stuff you haven't learned

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directly from me you maybe been learning

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from other areas you maybe even have

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years under your belt and all of a

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sudden you found yourself here this is

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where a lot of people spend their entire

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trading careers until they quit so most

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people end up quitting before they even

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reach let's say the next Boulder um but

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what's interesting is let's say you then

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decide to okay you know I'm starting to

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learn I'm starting to learn that the

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market moves through these fundamental

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ways of of structure uh through a

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fundamental way of trend and all of a

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sudden you say screw coming down to the

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nice mattress you know I really want to

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know what's going on and you make the

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leap right you jump you barely grab onto

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this oh almost full you kick

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yourself up boom you kick yourself up

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and boom you end up on the Rock and this

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rock can represent another element of

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that concept right another concept but

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now where you take for instance the

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structural understanding and you turn it

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into a understanding of how supply and

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demand moves right how Supply is formed

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how demand enters and how that actually

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formulates the the the rules for an

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actual move so if a lot of you know okay

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Down Below on mea.com this is this is

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course material specifically from the

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portal as you guys know but the

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underlying thing and you can take notes

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on this if you want so again I don't

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mind sharing this for free it's just I

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have it laid out very well within the

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course within the team because I want to

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teach someone kind of from the get-go to

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a professional how to think about the

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market but this is underlying how a

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market moves right it creates and moves

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as a result of demand through demand

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validation or Supply validation in this

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case this is a game of supply and demand

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and this is an example to the Buller

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side where as demand validates price

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really wants to move and that starts the

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first U mode for a structural delivery

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or for a trend-based delivery is just

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the problem now once again is that you

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can only get to this understanding if

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you allow yourself to key into and take

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that next leap or take that next step

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from an initial understanding that hey

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the markets are actually Trend related

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and sometimes it takes multiple of these

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things right here without quitting to

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make the assessment for yourself and see

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it for yourself that hey there actually

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is a conclusion that I can draw about

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the market in in the in the effect that

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it actually moves in One Direction and

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often times when that direction starts

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and you can pinpoint that direction and

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you understand how Market delivers that

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direction and that delivery is so clean

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and perfect that you could Now look for

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a position within it and and basically

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hold on to it until it delivers to King

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the call whatever you you know it just

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delivers beautifully a lot of people

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stay in this in this Loop forever until

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they find their first step where they're

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like wow this is actually phenomenal

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right I'm finally understanding that

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this is what creates moves I'm no longer

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interested in taking the next you know

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rabid jump the next rabid jump looking

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for the next potential course next

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potential course and they make the jump

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to the next step of what might be a

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trend structural-based approach where

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they start to learn the concept that can

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be um built upon it almost like a house

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right you're constructing the foundation

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you're you're laying the concrete then

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you're laying the the wood perfectly on

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top you're perfectly isolating it

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whatever it is right you're building

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that house properly from the bottom up

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if you just try to pick up a house and

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drop it somewhere it'll work you'll have

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a house but it won't be sturdy right and

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it will fall over and you will end up

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back in the bottom right so this is why

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uh from an educational perspective there

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are steps that are taken to actually

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ensure that there's a progression in

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terms of how you think which is why a

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lot of people never get out of this

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little area here and they stuck in that

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Loop forever and the few that do still

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have a very likely chance due to the

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fact that without proper understanding

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without proper education you stand a

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very very high chance of falling back

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down into Comfort or finding yourself

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back into a new skill set right because

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this nice foam or or uh snack or steak

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does not have to just be a new concept

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or another way to approach the markets

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this could be something happening in

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your life this could be a new skill set

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that you want to learn this could be a

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new job that you want to get this could

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be a new responsibility that you're just

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going to start taking care of and you

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start to forget get more about trading

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and all of a sudden you find yourself

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back in this Loop right and again if 90%

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of people are trapped here you know over

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time right if you start and you end up

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in any of these Loops right where you

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don't kind of allow yourself to grow in

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understanding to the point where you

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have Mastery to the point where you can

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actually be profitable you end up stuck

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with what we can call the percentage the

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percentage of people that fail right and

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that percentage is very high of course

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as it is in any skill set is just in

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trading uh this it seems a lot higher

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Because unless you have the skill set

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mastered you're not going to be making

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any money right because trading is the

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only industry in the world where the

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work that you're doing does not mean a

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reward until the very very end because

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you can only start to actually reward

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yourself for the stuff that you're doing

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once your system is truly profitable in

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making money right where every trade

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leads to a result that's going to grow

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the

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over arching Equity curve to new highs

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to new highs and start making you actual

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money in your Equity curve right but a

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lot of people never even get to that

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point because well it's hard right it

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takes a lot of time so all of these

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rocks here kind of act as stepping

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stones of Concepts within a niche within

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a conceptual Niche or an approach to the

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market that you're learning right and

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it's very important that if you're

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serious about this that you look to

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stick to it right because each one of

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these hold the Treacher the treacheries

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the treacheries of having to fall down

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and kind of restart and kind of have to

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go back and kind of re-evaluate what

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you're doing otherwise what happens is

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you might have that initial

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understanding and this is kind of from

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my own personal experience of mentoring

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over you know 10 to 20,000 people over

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my uh overall educational career and and

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making amazing Traders out of it and my

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personal trading having improved right

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what we start with is we start to see

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that hey prices do actually tend to move

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in structural Trends right and as we

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understand that we start to understand

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how that's layered with the movement of

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for instance supply and demand and then

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we start to recognize how that supply

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and demand can be potentially viewed

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fractally across a number of time frames

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where if of this happening we can now

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watch for entries along these same

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entries that we saw here just inside of

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that area so you start to learn how to

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overlap time frams and you start

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understanding how that same

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understanding of supply and demand is

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now used alongside that then you take

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that to the next level and you start

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understanding how that works even

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further across time frames and how we

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basically can start to buy stop versions

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of these or sell stop versions of these

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to get into very very clean entries

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across number of time frames because

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then we learn that these things occur

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within occurring larger supply and

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demand areas right so this is where you

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have overall structure inside of that

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structure you have structure and that

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structure breaks down as it starts to

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break up it starts to create supply and

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demand and that supply and demand gives

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you actual real areas of Entry without

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ever trading randomly back to random

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areas or breaking down or anything like

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that and starts to make real moves right

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and this goes kind of hand in hand as I

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kind of look at this with some of the

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stuff I kind of showcase here now again

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this whole thing as well as all the

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course material that goes with it with

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real proper understanding from the

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get-go to the very very end is actually

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available to all MX members as well as

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the screener as well as some other

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really cool stuff so you can check it

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out below but you don't need it right

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you can use this video itself to

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understand firsthand how you want to go

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about your learning so please just stick

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to something and stick it through

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because that's the only way you're

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actually going to find profitability um

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and you can see the same kind of

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examples here actually maybe I can find

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some better examples for you guys um

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yeah so these are some of the examples

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I've been I've been mainly working

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through recently okay but basically you

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have those structural deliveries that

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start to across multiple time frames in

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this case on the 65 minute or whatever

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and they lead to overall formations of

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demand and within their new demand and

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within their new demand all of which

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produce an opportunity for an entry

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which is actually one of the reasons I

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took this entry myself okay but that is

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all um that is all still a

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buildup of an extra understanding to

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what's going on right so this is you

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taking those little leaps and notice as

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you're taking these little leaps they

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are easier and easier to take they still

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might be hard just like the initial leap

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to the first step can be a little bit

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hard and then the next one's going to be

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a little bit hard and the next one's

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going to be a little bit hard um they're

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able to be done because you have the

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prior understanding that you carry to

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each ongoing leap right because this is

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how education truly works this is how

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we've all been taught to actually learn

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this is actually if any of you that are

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in school in college graduated college I

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graduated college myself anyone that's

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done that has been through this right

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where you don't learn the main thing

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you're going to college for or the main

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things that your job is going to require

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you don't learn the the intricate things

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that you learned maybe in college or at

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a higher level high school course in

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elementary or middle school it doesn't

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happen you get preconditioned to

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understand how to think and then how to

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grow upon that thought so instead of

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starting with you know for any of you

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for any of you chemistry Majors out

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there that have done like the whole you

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know you know electron ring

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configurations or whatever they are

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right it's you don't always start with

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this you start with a simple

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understanding of here's a gas here's a

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thing here's a solid okay I don't

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actually remember the full education

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that I used to take in from this it was

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a bad example but you never start at the

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at the finale you start at something

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that's very minuscule something very

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small you make that first step up and

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then from there you grow and

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understanding and you grow it and you

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grow it and you grow it and that's

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exactly what learning the trade is going

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to be like and it doesn't matter who you

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learn from I want you to remember that

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you can even learn completely for free

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online if you want I'm going to continue

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to release uh hopefully very helpful

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content over the time of this YouTube

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career if you're not part of the team or

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anything you don't want a more um kind

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of structur structure-based approach

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that's going to do the same thing where

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over time your understanding becomes a

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little bit better than the understanding

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that you had prior and all of a sudden

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right as you make another tiny little

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climb to another Point here all of a

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sudden you have a full understanding of

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how you want to go ahead and trade an

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overall system you start understanding

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that you know there are a lot of points

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in time that you're actually staying out

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in the times that you're staying in you

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know you have a higher time frame or a

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context time frame as I call it EVC or

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you also understand how to think in time

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frames you start understanding that

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you're only going to start looking at

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Price when it's truly starting to make a

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proper stage two and then you can start

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watching in these areas for entries and

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then what you'll do is you'll start to

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look inside of those areas on your

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validation time frames on your lower

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time frames for the actual proof that

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you know validation or new stages are

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coming into the market and then you look

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to take those higher through the entries

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within these areas and those become your

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entry time frames and within those

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entries you start to see proper buildups

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of what we call MBS which are you know

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fractal supply and demand validation so

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you start to look for buys just like

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this through a high or buys through a

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high and you look for price to basically

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so something along the lines of this

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probably right and you look for price to

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do this and you look to take the buy

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through that or the buy through that and

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then you look for that move right there

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as it validates itself so as this move

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validates itself you look for that to be

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the start of hopefully what you saw here

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which would have been the entry around

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here which leads to a proper delivery in

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price which is a real Trend right and

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then as everyone else around you is

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stuck wondering how are they always in

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this why didn't they get in here or here

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how are they you know how are you in

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this what do I do how do I get in this

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instead you start recognizing that this

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is not a time to get involved in a trend

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the proper time to get involved in the

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trend is when the trend starts to begin

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to show you that it wants to make that

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move and then that movees delivery is

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actually the work of what you did prior

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paying off and then you look at your

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system and you're like wow you know I

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have a pretty good system this isem gets

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me into Trends keeps me in Trends keeps

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me out of really bad action I don't

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trade all the action that's bad I don't

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I don't touch price at all I don't show

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up every day and you have the average

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kind of Trader the average person come

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to you and

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say why don't you take a trade today

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what's going on why don't you take a

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trade on this exact pair at this exact

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moment how are you not taking trades why

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why is everything so choppy what do I do

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and you're like dude you your first step

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is to understand right your first step

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is to understand that one there are

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conditions that create a good Market to

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trade and you don't even understand that

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there are conditions or there are

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markets that are in a condition that

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should be traded or shouldn't be traded

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so your initial question of

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understanding why I didn't even touch

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something is it's just lost right

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because there's no Foundation there's no

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there's no there's no concrete laid down

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nothing's nothing's on the floor so the

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point of this video is just to remind

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you that no matter how you go about your

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education

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going forward you need to have some kind

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of understanding that the learning

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process is going to be very gradual it

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doesn't have to be slow slow but it's

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going to be gradual and those graduals

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are going to build up to an

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understanding right so from the floor if

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we are to draw out the floor if I go

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like this very simply make this really

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thick if I draw the floor and I just

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draw it out in time like this and I draw

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the top here what you don't know is that

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after some time this right here becomes

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the difference okay this right here

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becomes the difference in your

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understanding to the average person that

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you will normally meet and see in any

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given space and all of a sudden the same

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kind of questions that you might pose

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now you know how did you not trade today

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how did you not get caught in all this

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chop how did you not take four trades

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this given day how did you just take one

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trade and had it play out how did you

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know to get involved in this area here

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for this move and then how did you stay

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in it how are you managing this thing

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all the way through how did you know

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when to break even how did you

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understand when to manage your risk how

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did you know to start watching for

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trades here but not here what about a

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higher time frame was the thing that

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stopped you and if it did stop you what

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if it didn't stop you why did you fully

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stay out of price here and how was it

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and why is it the case that when you

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know there's a market that's just doing

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you know something like this and you

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completely didn't trade it how did you

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know and again all of that comes from

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now what you would just view as your

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overall template for an entry your

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overall template for uh management your

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overall template for partialing for

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taking it and all of a sudden you start

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to notice the Gap um The Gap so this is

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the gap right here you start noticing

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the gap between where you are and the

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proficiency level you have and the

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profitability that you're finally

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starting to see because of the

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understand you have versus the average

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person that has stayed in a loop right

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from either this area here or this area

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here or this area here and what I can

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tell you is that about 90% of most

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Traders because of what I've seen

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personally as a mentor

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and and just seen personally from

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mentoring over you know a few 10

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thousands of people okay is that most

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people before they ever get to any

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proficient level quit or stop or

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stay in the loop around here where they

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learn some conceptual framework to the

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market they start working a little bit

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more and they find themselves back

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within the nice foam and the mattress

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and the snacks and the steak and all the

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other fun stuff that comes with it and

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they stay in this Perpetual Loop

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until

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they

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quit or die

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