EASIEST ICT Strategy | No Daily Bias (Previous Day High and Low)

Casper SMC
17 Aug 202417:59

Summary

TLDRThis video script offers a trading strategy that doesn't require mastery of daily bias, often a complex and subjective aspect of trading. The presenter shares a simplified approach that's back-tested for profitability, suitable for traders of all levels. The strategy involves marking out previous highs and lows, observing fair value gaps, and using price action to enter trades with a 3:1 risk-reward ratio. Emphasis is placed on process over profit, with a focus on building momentum and consistency in trading. The presenter also discusses the importance of journaling and the power of mastering one strategy to develop willpower and trading discipline.

Takeaways

  • πŸ“ˆ Understanding daily bias is subjective and often comes with experience, but it's not a necessity for profitable trading.
  • 🚫 The common misconception is that mastering daily bias is required for success in trading, which can lead to unnecessary stress and overtrading.
  • πŸ›  The speaker introduces a strategy that does not require an understanding of daily bias, emphasizing simplicity and back-tested effectiveness.
  • πŸ“š The importance of having a trading edge and a proven strategy is highlighted, as it forms the foundation for successful trading psychology.
  • πŸ”„ The concept of 'decision fatigue' is discussed, suggesting that simplifying trading decisions can prevent poor choices and improve readiness.
  • πŸ“Š The strategy involves marking out the previous day's high and low, waiting for a sweep, and then using a 5-minute displacement chart for entry signals.
  • πŸ’Ή The use of 'fair value gaps' is explained as a key component of the strategy, indicating aggressive market movement away from previous highs or lows.
  • 🎯 Price waiting is a technique for taking profits, where the stop loss is trailed one candle back from the point of liquidity.
  • πŸ“ Journaling every trade is emphasized as a critical step for learning and improving as a trader.
  • πŸ”‘ The speaker stresses the importance of focusing on one strategy, one time frame, and one chart to build consistency and mastery.
  • πŸ† Building 'willpower capital' through the process of trading is presented as a gradual exercise, akin to physical training, to develop the discipline required for trading success.

Q & A

  • What is the main argument presented in the video script regarding the importance of understanding daily bias in trading?

    -The video script argues that while many believe understanding daily bias is crucial for profitable trading, it is not actually necessary for success. Instead, the speaker suggests that focusing on a simplified strategy and process can lead to profitability without needing to master daily bias.

  • What is the 'edge strategy' mentioned in the video script, and how does it aim to help traders?

    -The 'edge strategy' is a trading approach introduced in the video that does not require an understanding of daily bias. It is designed to provide traders, especially beginners, with a simple and back-tested method to make money in the market by following a structured process and focusing on executing trades consistently without overthinking.

  • Why does the speaker emphasize the importance of keeping trading simple?

    -The speaker emphasizes simplicity in trading to reduce the decision fatigue and emotional stress that comes with overcomplicating strategies. Simplicity allows traders to make quick, informed decisions and to build momentum and consistency in their trading, which are crucial for long-term success.

  • What role does 'inertia' or 'momentum' play in becoming a successful trader according to the video script?

    -In the video script, 'inertia' or 'momentum' refers to the importance of building and maintaining a consistent level of performance in trading. It suggests that once a trader gains initial success and momentum, it becomes easier to continue that success, which is why it's crucial to start gaining that momentum early in one's trading career.

  • What is the significance of 'price waiting' in the context of the strategy discussed in the video script?

    -Price waiting is a technique within the strategy that involves taking profits in a unique way. After the market hits a target, traders are advised to trail their stop loss one candle back, adjusting it with each new low to maximize profits on winning trades.

  • How does the speaker define 'decision fatigue' in the context of trading?

    -In the video script, 'decision fatigue' refers to the exhaustion that comes from making too many decisions, which can impair a trader's ability to make quick and effective choices. This can lead to bad decisions and is something that even experienced traders need to manage to maintain their performance.

  • What is the recommended time frame for trading the strategy outlined in the video script?

    -The recommended time frame for trading the strategy is from 8:00 to 11:00 a.m. Eastern Standard Time, focusing on specific financial instruments such as the NASDAQ e-mini futures, EUR/USD, or GBP/USD.

  • Why is journaling every trade considered an essential part of the strategy presented in the video script?

    -Journaling every trade is considered essential because it allows traders to reflect on their actions, identify areas for improvement, and track their progress. This practice is crucial for learning from the market and oneself, and it helps to build the discipline and awareness needed for successful trading.

  • What is the significance of focusing on 'one strategy, one time frame, one chart, one time of day' as mentioned in the video script?

    -Focusing on a single strategy, time frame, chart, and trading time allows traders to master that particular approach without being overwhelmed by trying to manage multiple strategies simultaneously. This focus helps in building expertise and consistency, which are key to becoming a successful trader.

  • What does the speaker mean by 'willpower capital' in the context of trading?

    -'Willpower capital' refers to the mental strength and discipline required to be a successful trader. The speaker suggests that, like physical strength, willpower can be built up over time through consistent practice and adherence to a trading strategy, which eventually leads to the ability to handle larger trades and capital.

Outlines

00:00

πŸ“Š Overcoming Trading Challenges Without Daily Bias

The speaker suggests that understanding daily bias in ICT (Intermarket Commodity Channel Index) is often considered crucial for trading success, but it's subjective and not the only path to profitability. They share their personal journey, emphasizing the importance of simplifying trading strategies and finding consistency rather than getting lost in complex analysis. The video promises to reveal a back-tested strategy that doesn't require understanding daily bias, suitable for traders of all levels, focusing on the importance of process over outcome and the psychological aspects of trading.

05:01

πŸš€ Simplifying Trading Strategies for Newer Traders

This paragraph discusses the complexity of trading strategies and the common mistake of overtrading due to the pursuit of mastering daily bias. The speaker introduces a 'no daily bias' strategy, emphasizing its simplicity and back-tested effectiveness. They explain the importance of readiness and avoiding decision fatigue, which can lead to poor trading choices. The strategy is designed to eliminate the need for complex analysis, allowing traders to focus on execution and consistency.

10:02

πŸ“ˆ Implementing the 'Edge Strategy' for Profitable Trading

The speaker outlines a specific trading strategy called the 'Edge Strategy,' which involves marking the previous day's high and low, waiting for a price sweep, and then looking for fair value gaps for entry points. They explain the use of price action waiting for taking profits and emphasize the importance of journaling every trade to reflect on performance and improve. The strategy is applicable to specific trading pairs and time frames, with additional tips on adjusting risk based on market conditions.

15:04

🌟 Building Momentum and Willpower for Successful Trading

The final paragraph focuses on the importance of building momentum and willpower in trading. The speaker advises viewers to focus on mastering one strategy at a time to make substantial progress and emphasizes the value of being lightly profitable with a consistent strategy. They discuss the concept of 'willpower capital' and liken it to physical exercise, suggesting that traders should progressively increase their capacity for discipline and focus. The speaker concludes by encouraging viewers to learn from the market, measure their actions, and manage their trading journey effectively.

Mindmap

Keywords

πŸ’‘ICT (Inner Circle Trader)

ICT refers to a community or methodology that the speaker is associated with, which involves trading techniques and strategies. In the video, the speaker suggests that mastery of ICT is not a prerequisite for becoming a profitable trader, challenging the notion that it's a must for success in trading.

πŸ’‘Daily Bias

Daily bias refers to the overall direction or trend that the market is expected to follow during a trading day. The speaker argues that understanding daily bias is often seen as crucial for traders but is actually subjective and not necessary for profitability, as it can lead to overthinking and tension.

πŸ’‘Profitable Trader

A profitable trader is someone who consistently makes money in the trading markets. The video's theme revolves around the idea that one can become a profitable trader without mastering complex concepts like daily bias, by using a simplified strategy.

πŸ’‘Strategy

In the context of the video, a strategy refers to a specific set of rules or methods used by traders to make decisions in the market. The speaker introduces a 'no daily bias' strategy that has been backtested and promises to change the viewer's trading experience by simplifying the process.

πŸ’‘Order Blocks

Order blocks are a concept within the ICT methodology that the speaker mentions as a turning point in their trading journey. They are used to identify key levels of support and resistance in the market, contributing to a simplified approach to trading.

πŸ’‘Price Action

Price action is a term used to describe the movement of prices in the market, which is the primary focus of the speaker's trading strategy. It is used as a basis for making trading decisions, emphasizing simplicity over complex indicators.

πŸ’‘Confluence

Confluence in trading refers to the alignment of multiple technical analysis tools or indicators, suggesting a high probability of a price movement. The speaker mentions it as a concept that can be simplified and not overcomplicated in trading strategies.

πŸ’‘Risk-Reward

Risk-reward is a fundamental concept in trading that compares the potential loss to the potential gain on a trade. The speaker specifies a 3 to 1 risk-reward ratio for the strategy presented, emphasizing the importance of managing risk in trading.

πŸ’‘Journaling

Journaling in the context of trading involves recording and reflecting on one's trades to learn from past experiences. The speaker stresses the importance of journaling every trade, suggesting it is as important as the trading itself for learning and improvement.

πŸ’‘Inertia

Inertia, in the video, is used metaphorically to describe the momentum needed to maintain consistent progress in trading. Building inertia is presented as a key to success, emphasizing the difficulty of starting from zero and the importance of maintaining momentum once it's achieved.

πŸ’‘Edge

An edge in trading is an advantage or a strategy that has been proven to work over time. The speaker introduces a strategy called 'the edge strategy,' which is designed to give traders an initial advantage in the market, highlighting the importance of having a reliable strategy for success.

Highlights

Mastering ICT daily bias is suggested as a key to becoming a profitable trader.

Daily bias is subjective and lacks a systematic way to find it, often acquired over time.

The speaker proposes a strategy that does not require understanding of daily bias and is back-tested for profitability.

The importance of simplicity in trading strategies is emphasized to avoid overthinking and emotional trading.

The speaker shares personal experiences with complex trading algorithms and the transition to a simpler approach.

Order blocks and price action are introduced as fundamental elements for simplifying trading strategies.

The concept of 'edge' in trading is explained as an advantage that proves a strategy works over time.

Trading psychology is tied to having a proven strategy, emphasizing the importance of probabilities over individual trades.

The speaker introduces a strategy called 'The Edge Strategy' designed to provide an initial advantage in trading.

A flowchart of the strategy is provided, emphasizing the importance of a structured approach.

Specific trading rules are outlined, including the use of NASDAQ, EURUSD, or GBPUSD, and trading hours.

The importance of journaling every trade for reflection and improvement is highlighted.

Bonus confluences are introduced to modify risk in trading under certain market conditions.

The concept of 'decision fatigue' is discussed, emphasizing the need for streamlined decision-making in trading.

The strategy involves marking out previous day's high/low, waiting for a sweep, and using a 5-minute displacement chart.

Fair value gaps are identified as key indicators for entry points in the market.

Price waiting technique is explained for taking profits, involving trailing stops based on market liquidity.

The speaker encourages focusing on one strategy and building momentum in trading for long-term success.

Building willpower capital in trading is compared to physical exercise, emphasizing gradual progress.

The speaker offers a program for becoming a funded trader in 12 weeks, with a guarantee for those who qualify.

A call to action is made for viewers to subscribe for free educational content and consider the offered trading program.

Transcripts

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if you mastered ICT daily bias would you

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become a profitable Trader my guess is

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yes because if you're feeling stuck or

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overwhelmed with ICT and your trades are

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just continuously losing even though you

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feel like you're doing everything you're

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supposed to well then the reason is

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probably because you don't understand

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daily bias and the reason that people

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don't understand daily bias is because

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it's subjective now what I mean by that

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is there is no systematic way to find it

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and it's something that does just come

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with time in the game and a lot of you

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guys don't have that but the good news

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is is you don't need daily bias

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everybody thinks you need daily bias in

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order to make money and this is because

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people are kind of stuck in this ICT

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bubble but in today's video I'm going to

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show you a strategy that requires no

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daily bias that is back tested and that

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you can make money with starting today

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this doesn't matter your experience

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level this doesn't matter if you even

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know what ICT is as long as you pay

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attention to what I'm about to share

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with you and follow each step exactly as

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I tell you to do it then I promise you

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this will change your trading forever

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most of you guys are in the same exact

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boat that I was in before I became

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profitable I I remember I would sit

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there and I would study everything I

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could I had trading books I watched

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every single course you can think of I

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did everything I was even trading with

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this algo and and not the algo that you

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guys trade with or we try to trade

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Beyond with ICT but it was called Omni I

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remember the feeling of my eyes

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literally burning because I was sitting

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there looking at my chart it was like a

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laser show there were dozens of

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different color lines on here and you

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know I kind of was telling myself like

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this is the way and you see all these

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movies about you know stock Traders or

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you see all their comp complicated

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charts and it's so far from how it

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actually works but anyways that was me

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and every time this indicator would

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print a signal or give me some reason to

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trade my my heart would just start

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beating and I was sitting there just

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tense literally leaned over tense into

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my screen and this caused me to operate

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in a way that's obviously not very

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productive for trading but then I found

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order blocks this is how I originally

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found ICT and I loved how simple it was

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I said oh all I need is price action and

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it was it was almost like a miracle

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whenever I started to simplify what was

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doing into just a couple core Parts

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immediately I started making money and I

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was able to find consistency now of

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course there was a rocky climb I'm

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skipping a lot I mean I went up and down

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but that was the turning point and the

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reason I'm telling you this is because

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you guys are just like I was you're

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tense looking over the screen maybe not

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because you're trying to track some

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complicated algorithm but because you

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don't understand daily bias but you're

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equipped with all these entry models

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because let's be honest an entry model

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or a market structure shift or the ICT

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2020 too these are all very easy to

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learn I can teach someone that that

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doesn't even trade in a matter of 10

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minutes but if they go out into the

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market and try to trade it they're going

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to lose and the reason for that is

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because once you are equipped with this

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knowledge you get in front of your

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screen you're watching the market open

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and you're just tense your heart's

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pounding is this a setup oh we have this

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is this and this is because you don't

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understand daily bias which is why this

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video is going to change your trading

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forever because it's going to show you

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you don't need to understand daily bias

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in order for this strategy or any

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strategy or you're trading to work at

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all or for for you to grow you need to

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understand the difference between

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surface and root

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problems and this is the difference

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between very successful people or

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successful Traders and people who aren't

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most people always think in terms of the

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first order of business or the surface

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problem so the surface problem that you

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thought about that made you click on

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this video is I don't understand daily

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bias I'm losing my trades if I if I

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learn daily bias I'm going to be

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successful and this is partially true

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but the root problem that this is

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actually causing is what happen whenever

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you don't understand daily bias what

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happens whenever you're sitting in front

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of your screen tense over trading what

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happens to you as a Trader because

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that's what's important not what happens

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to you in that moment so what happens is

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you become discouraged you lose

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confidence you're not able to be

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consistent trading becomes stressful and

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you go on till and these are where you

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make the biggest mistakes in trading

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because not understanding daily bias

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can't destroy you as a Trader but you

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can destroy you and the way that you do

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that is by going on tilt by go getting

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on this emotional roller coaster that is

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caused by forcing yourself to try to

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understand something that you don't

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understand and trying to use tons of

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different strategies on how to master it

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so that is a good example of surface

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versus the root problem and you have to

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identify these true root problems that

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are being caused by your behavior and

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fix them or you're never going to be

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able to be a successful Trader and that

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is what the difference is between those

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of you who will be successful and those

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of you who won't and that's just the

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truth another thing that you need to

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understand is that Readiness is key

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so there's something I like to call

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decision fatigue and this is something

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that all highlevel Executives hire an

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assistant for recently I even hired an

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assistant to just help me with my to-do

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list because I'm not only trading I'm

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running multiple businesses and simply

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making decisions can fatigue you and

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this goes the same for trading if you're

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sitting in front of your screen and

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you're having to map out 25 different

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things and you need all these different

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levels and confluences to enter a trade

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then you're not going to be able to make

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quick decisions and you're not ready and

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if you're not ready you act from a

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reactive standpoint and when you're

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acting from a reactive standpoint you

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make bad decisions it's similar to let's

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say if you have a business and you grow

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pretty quickly and you have to hire

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people or your business fails well

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you're not going to have the time to

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hire the right people and instead you're

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just going to hire whoever will take the

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job and this is how you make bad

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decisions and this goes the same for

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trading and this is why no daily bias

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strategies are so powerful for newer

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Traders because they take away all of

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that decision of trying to look at 10

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different time frames to see whether or

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not we're bullish or bearish and then by

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the time you've done that by the time

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you've psyched yourself out of Every

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Which idea you're scared to execute on

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one side and then the other side you

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know you you second guess yourself and

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and then the market moves and the day is

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over and after the big move you start

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overtrading and this is the death cycle

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a lot of ICT Traders go on because

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they're so infatuated with mastering

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daily bias and all of this complicated

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stuff that is pushed on your throat by a

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bunch of gurus but you don't need any of

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that to make money so what this video is

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going to do is it's going to remove

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those emotional barriers and allow you

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to make consistent executions without

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having to overthink things without

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things being so complicated they always

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say that making your first 100,000 is

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the easiest and after that it gets

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easier and the same with Millions the

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same with getting funded and the same

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with getting a payout it's so hard to

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first get to that funded account and

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then you'll probably you might blow that

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account that's fine but then it's really

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hard to get to that first payout but

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once you get it it becomes much easier

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and there is one word that explains this

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concept and this one word is what

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separates people who you know stay at

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the level they're at in life to the

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people who Excel and this is why they

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say the poor get poor this is why they

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say the rich get richer this is why once

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you get your foot on the gas you cannot

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let up because the hardest thing to

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build the hardest and most important

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thing that you can build as a successful

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person Trader whatever it is is inertia

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so inertia or momentum is something that

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you have to be able to build and if you

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don't build inertia if you don't build

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momentum and you don't keep that

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momentum then you will never become

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successful and that's why it's so hard

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to go from zero to hero because when

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you're going from Zero to Hero you're

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starting from nothing you're starting

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from 0 miles hour so to get to 100 miles

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hour is really hard but once you're

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cruising at 100 going up higher isn't as

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hard but you have to build that momentum

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and if you're stuck paralyzed trying to

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master daily bias then you're not going

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to get that momentum now am I saying you

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never will learn it no I'm not saying

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that a as time goes on you get better at

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Daily bias it's one of those things that

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you can learn all the strategies and you

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can have the strategy to find it but

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it's it's going to take time for you to

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master and if you spend that time

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overtrading and being paralyzed because

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you don't know how to spot it you're

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going to form a lot of bad habits that

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by the time you do understand it they're

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going to hurt you that's why it's

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important to find out how easy it is to

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follow an approach when it's simplified

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and that's why I made this video because

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so many of you guys need to just focus

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on what it feels like to win what it

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feels like to be a profitable Trader or

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a professional Trader and what it feels

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like to have an edge and that's why I

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named this strategy the edge strategy

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because it's going to be the first Edge

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that most of you guys have in your

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trading career a lot of you guys are

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already profit watching this so I'm not

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saying everybody isn't but a lot of the

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people are watching are still trying to

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learn an edge for those of you who don't

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know is just your advantage in the

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market your proof that your strategy

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works over time and this ties into

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trading psychology because a lot of

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people want to focus on trading

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psychology oh well I'm not profitable

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because my mindset is not right but if

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you don't have an edge and you don't

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have a strategy that's proven there's no

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such thing as trading psychology because

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all Trading psychology is is focusing

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and trusting on the probabilities and

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not getting caught in the weeds and not

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caring if you take a loss or two so once

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you understand that a strategy is

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profitable over the long term you're

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able to stick with it and the losses

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don't really matter as much make sense

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cool let's go ahead and hop right into

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the strategy so this is the flowchart of

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the strategy you can take a screenshot

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of this but you should always think in

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this you know if we Mark out the

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previous daily high if we sweep right

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then we look for this if it doesn't

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swept we sit on our hands okay so very

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important that you focus on operating in

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a process so you can take a look at this

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and just screenshot it I'll also put a

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picture of this uh in on my Twitter or

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in the free telegram I'll leave links

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down that in the description but anyways

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the rules here are we're only going to

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be using the NASDAQ es eurusd or gbpusd

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you're only going to be trading from 8:

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to 11:00 a.m. eastern standard time

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you're going to be using 3 to one risk

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reward and then price waiting for the TP

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I have a video that teaches you how to

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use that I'll leave it down in the

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description and you're going to journal

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every single trade now this is extremely

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important because most of you guys are

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going to be trading the strategy haven't

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yet found profitability and if you don't

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journal every trade if you don't spend

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the same amount of time that you spend

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trading on reflecting then it's you're

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not going to become successful if you

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spend an hour trading I want you to

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spend an hour looking at the market

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identifying how you could have done

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better where you could improve where you

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did good your trades everything you need

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to be aware of everything and this

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forces you to be hyper aware which is

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something that most Traders aren't and

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what do most Traders do they lose money

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see how that makes sense now there are

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some bonus confluences here if there is

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a silver bullet in play I have a video

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on this but if there is a silver bullet

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in play you add risk if this

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confirmation occurs after after red

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folder news release you increase risk if

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price Taps into a 1H hour fair value Gap

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when this is happening you increase risk

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now am I saying you risk 5% of your

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account no you would just risk about 50%

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more than you usually do okay so don't

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go crazy with this a lot of gurus will

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tell you to risk the same amount all the

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time that's not how you make money and

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we're here to make money let's go ahead

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and hop right into how we're going to do

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this so the first thing is we're going

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to Mark out the previous day's high and

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low now this is don't ever think this is

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literally just the highest price of the

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previous daily candle and the lowest

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price so you're going to Mark out those

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levels and those are the levels we're

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going to look for reversals at so you

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see here in this example we've marked

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out the previous daily high and coming

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into the market we've got consolidation

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so you would wait for either the

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previous daily high or the previous

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daily low to be swept and if it is not

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swept you know what to do okay so if it

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is swept the next step is going to go to

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a 5 minute displacement so step two is

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we've waited for the sweep it got swept

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there's not much to explain here so

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after we have swept this previous daily

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high as soon as the market comes above

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it and we move right back down now you

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don't want the market to displace

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through it so if the market makes a high

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and then it just keeps displacing and

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running past it you don't want to enter

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on these you want to make sure that the

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market is reacting to this previous

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daily high or the previous daily low now

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if the market comes above it as soon as

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it forms a fair value Gap now a fair

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value Gap is just a expansion candle and

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then the candle before it that Wick

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doesn't touch the candle after its Wick

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and then there's this Gap hence the fair

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value Gap so you want to watch as the

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market forms these fair value gaps

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because they tell you the market is

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aggressively moving away from that

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previous daily high and if people are

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selling above that high the Market's

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likely to move down in this example you

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would Mark out every fair value Gap and

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the first one you're able to trade into

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okay like notice how we created this one

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that's fair value Gap one and the fir

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the second one is the one we traded into

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so it's just the one that's closest to

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you so if price is creating gaps moving

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down you're just going to wait for it to

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tap the first one and that is where you

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would enter and then you put the stop

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loss above the highest high or the

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lowest low now notice how much more risk

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reward we got and I'll do a brief

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summary of price waiting you would

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Target the most obvious point of

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liquidity so if you're in a Range you're

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going to Target the opposite side of the

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range you can use the 15 minute to find

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this Target or the 1 hour now remember

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you're entering only on the 5 minute

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time frame the entry has to be only on

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the 5 minute time frame five minutes

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people will ask in the comments what

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time frame 5 minutes M5 enter in the 5

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minute time frame after that you're

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looking for the most obvious opposing

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pool of liquidity at a minimum 3 to 1 R

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now notice how we are able to get much

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more than 3 to 1 R the way that this

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works the way that price waiting works

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is we're going to take profit in a much

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different way so simply put once you

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have a Target once the market hits that

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Target the candle that hits it you go

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one candle back and you would Trail your

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stop right there now every time you make

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a new lower low you do the same thing so

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we hit that I'll zoom in for you guys I

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know some of you guys are on mobile so

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once we hit this low right here we make

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a new lower low we go one candle back

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Trail your stop right there

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right here we hit this low then we go

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back Trail your stop right

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here after we go down here you hit this

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low you Trail your stop right there and

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this is where you were stopped out

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notice how you were able to catch much

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more of a move that's around looks like

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700 down to you're able to catch almost

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280 points more on NASDAQ that's a

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insane amount this is super super

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important if you want to watch a whole

play13:54

video on price weighting and how to

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maximize your winning trades all leing

play13:59

I'll leave a link down in the

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description tongue twister yeah but this

play14:02

is this is crucial okay this can change

play14:05

your trading forever if you just follow

play14:06

this simple strategy you just need to

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make sure that you follow the rules that

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I gave you at the beginning of the video

play14:11

and that's it okay don't overthink it

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but I want to give you a game plan on

play14:14

how to implement this because while it

play14:16

is simple there is still a structure

play14:19

that you need to follow but if you

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enjoyed this video and you want to get

play14:21

more free education where I teach you

play14:23

strategies and all sorts of everything

play14:25

that you need to become profitable I

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mean I even have a full free course go

play14:28

ahead and subscribe to my Channel I post

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two to three videos every single week

play14:31

here on YouTube all for free so a couple

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steps that I want you guys to follow we

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kind of hit on this you need to journal

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every single day if you spend one hour

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trading you have to spend one hour

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reviewing the market reviewing your

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Journal because that's how you actually

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learn and there are some things that

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nobody can teach you including myself

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except the market so learn from the best

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teacher that there is always remember

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that what isn't measured isn't managed

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and if you do measure it you can manage

play14:55

it okay so if you're measuring your

play14:56

actions you can manage them now

play14:58

something else I want to talk about is

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the power of one one strategy one time

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frame one chart one time of day focus on

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mastering one thing and sharpening the

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axe rather than trying to hit a tree

play15:10

with a dull axe that's what you guys

play15:12

effectively do trying to trade 25

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different strategies at once so after

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this video and and this may be not

play15:18

beneficial to me because I want you to

play15:19

watch my videos but stop watching videos

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for just a couple weeks just focus on

play15:23

this alone and maybe it's maybe this

play15:25

strategy isn't your favorite whatever

play15:27

but just focus on one thing you have to

play15:29

focus on one thing for an extended

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amount of time to make any substantial

play15:32

progress something else that this is

play15:33

going to help you build is your

play15:35

willpower Capital what I mean by that is

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let's just say I told you to go run 20

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miles right now maybe there are some of

play15:43

you watching this that could but for the

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most part you can't what would you start

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if I said you have to run 20 miles

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within the next oh I dropped my pen um

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what would I say if I or what would you

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say if I said in the last in the next 6

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months you have to run 20 miles we'd

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probably start by running a mile at a

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time and the same goes for finding

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willpower and trading so if you want to

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have the willpower that it takes to

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scale as a Trader to be able to trade

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with large capital and make large money

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then you have to build willpower by

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going through the exercises just like at

play16:14

the gym if you want to go lift weights

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and scale up you progressively increase

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the amount of weight you're lifting so

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you're going to progressively increase

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the amount of willpower that it takes

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for you to trade and by simplifying

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everything and just having something

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that takes the guest work out is this

play16:29

going to make you a multi-million dollar

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Trader no but what it will teach you is

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the value of being lightly profitable

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with a consistent strategy and adhering

play16:38

to that strategy because if you're

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trying to be a successful Trader your

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goal should be to become a successful

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Trader and not to just make a ton of

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money at first now that may sound kind

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of counterintuitive but if you focus on

play16:49

the process the outcome will always come

play16:52

so don't Focus so much on making money

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at first but focus on building the

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identity of a good Trader and learning

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what it takes to become successful which

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is following one simple strategy and

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look I know this journey isn't easy I

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was where you were at at one point I was

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struggling it took me years to become

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profitable and the reason that I make

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videos is so that people that are

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watching them can become profitable

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without having to go through all the

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pain losing all the money and taking all

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the time that I did that's why I'll

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always post free education here on

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YouTube I'll never stop I'll post two to

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three videos every single week and try

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to do my best to help as many Traders as

play17:24

possible but if you're serious about

play17:26

your trading and you want to work

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directly with me Trading live with me

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having me review your trades um and a

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lot of other cool stuff then click the

play17:33

link down in the description to become a

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funded Trader in 12 weeks guaranteed now

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guaranteed is only if you qualify this

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isn't for everybody okay I want to be

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clear if you're not serious if you're

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not going to give this your all then

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this is not for you but if you are going

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to give this your all then I will give

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you my all and I will guarantee that you

play17:50

become a funded Trader in 12 weeks again

play17:52

make sure to subscribe to the channel

play17:53

I'll post videos here whether or not we

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work together I'll be talking to you

play17:57

every single week and I'll see you guys

play17:58

in the next video video

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