ICT Mentorship 2022 Introduction

The Inner Circle Trader
19 Jan 202230:47

Summary

TLDR在这段视频中,被称为“Demo Baller”的交易导师分享了他的交易哲学和即将在YouTube频道上进行的交易指导计划。他强调了通过简化的交易模型来教授交易的重要性,旨在帮助初学者从渴望学习到成为盈利交易者。他承诺,尽管不会教授完美无缺的交易,但他的目标是提高学生对价格行为的理解,并帮助他们识别市场中重复出现的模式。此外,他还提到了将在非演示账户中展示交易概念的实际应用,并选择了TD Ameritrade作为展示真实交易结果的平台。

Takeaways

  • 📈 交易者被称为'Demo Baller',强调在模拟账户中学习和保护自己的重要性。
  • 🤔 有些学生质疑在模拟账户中学习的有效性,因为他们在实际操作中遇到困难。
  • 📚 教学目标是提高对价格行为的理解,而不是追求完美交易。
  • 👨‍🏫 教学方法是简化的,旨在为初学者提供一个易于理解的交易模型。
  • 🚫 不要在三月期间期待新内容,因为'Demo Baller'将休假。
  • 📊 将在YouTube频道上展示如何在非模拟账户环境中应用教学概念。
  • 💼 使用TD Ameritrade作为展示实时交易结果的受监管经纪商。
  • 📉 强调个人责任和纪律,以及在交易中避免过度交易和过度杠杆。
  • 🔄 教学将涵盖如何在不同的时间框架内应用所学知识。
  • 📅 教学计划将持续三到四个月,包括三月的休假。
  • 🎓 通过这个YouTube导师计划,目标是将学习者从渴望学习转变为能够独立交易的盈利者。
  • 💡 鼓励学生通过学习和实践,逐步建立起自己的交易技能。

Q & A

  • 视频中提到的“demo baller”是什么意思?

    -“demo baller”是视频中讲师给自己起的别称,用来代表他通过演示账户来教学的方式,强调他所教授的交易策略在模拟账户中的有效性。

  • 讲师为什么强调在实盘账户中应用他所教授的交易策略?

    -讲师强调在实盘账户中应用他的交易策略是为了证明这些策略不仅在模拟账户中有效,在真实的交易环境中同样能够带来盈利。

  • 讲师提到的“分析瘫痪”是什么?

    -“分析瘫痪”是指当交易者面对过多的分析工具和信息时,无法做出决策的现象。讲师认为过多的复杂理论会导致学生难以消化和应用,从而影响交易表现。

  • 讲师为什么选择TD Ameritrade作为展示实盘交易的平台?

    -讲师选择TD Ameritrade是因为它是一个受到监管的、信誉良好的交易平台,不允许用户在交易后修改交易记录,确保了交易结果的真实性。

  • 讲师在视频中提到了哪些交易平台?

    -讲师提到了MT4、TradingView和TD Ameritrade作为交易平台。他强调MT4可能被用于欺诈和伪造交易结果,而TradingView和TD Ameritrade则更为可靠。

  • 讲师在视频中提到了他的哪些个人挑战?

    -讲师提到他有强迫症、注意力缺陷障碍(ADHD)和双相情感障碍,这些都是他个人在交易和教学中需要克服的挑战。

  • 讲师在视频中提到了哪些交易品种?

    -讲师提到了谷物、牲畜、黄金、白银、原油、30年期国债、标准普尔500指数(S&P 500)等交易品种。

  • 讲师在视频中提到了哪些交易时间框架?

    -讲师提到了日内交易(intraday trading)和长期交易(long-term position trading)两种时间框架。

  • 讲师在视频中提到了他的教学目标是什么?

    -讲师的教学目标是提高学生对价格行为的理解,教授如何在日内和日间基础上读懂市场偏见,并找到具有共同特征的重复交易设置。

  • 讲师在视频中提到了哪些交易心理因素?

    -讲师提到了交易者需要有纪律、自我责任和独立决策的心理特质,以及避免过度交易和过度杠杆化的重要性。

  • 讲师在视频中提到了他的教学计划持续多久?

    -讲师提到他的教学计划大约持续三到四个月,但不包括他计划休假的三月份。

Outlines

00:00

📘 交易心态与教学理念

本段介绍了交易者应如何调整心态,以及作者(被称为Demo Baller)的教学理念。作者强调,尽管他使用模拟账户进行教学,但他的方法同样适用于实盘交易。他提到,有些学生未能在模拟或实盘交易中成功,是因为他们缺乏耐心和纪律。作者鼓励学生亲自测试他教授的方法,并在一周内寻找一致性,而不是追求每天的完美交易。

05:02

📈 交易经历与市场选择

作者分享了他的交易经历,从1992年开始交易商品和期货,后来转向债券市场。他解释了自己为何选择日内交易,因为它适合他的工作生活平衡。作者承诺,他将教授的内容将帮助学生理解价格行为,并在短期内找到重复的交易模式。他还提到了即将进行的YouTube教学计划,以及他不会在三月份提供任何内容,因为他将休假。

10:02

🚫 独立交易的重要性

作者强调,学生不应该依赖于他指出每一个交易机会,因为这样会阻碍他们的成长。他提倡独立思考,让学生自己做出交易决策。作者提到,他的一些学生在2016年的付费指导后取得了惊人的成绩,而有些学生仍在寻找自己的道路。他提醒学生,成功或失败都是个人的责任,他不能为学生的失败负责。

15:04

📊 实盘交易的挑战

作者讨论了实盘交易与模拟交易的不同,指出实盘交易中的每一个小波动都可能影响交易者的情绪。他提到,赚钱可能比亏钱更糟糕,因为它可能导致过度交易或过度杠杆。作者强调,避免这些陷阱需要个人的责任和自律。他还提到了使用TD Ameritrade作为实盘交易的经纪商,因为它是一个受监管的平台。

20:05

💰 实盘账户的交易结果

作者展示了他在TD Ameritrade实盘账户中的交易结果,强调这些结果不是来自模拟账户。他解释了自己的交易策略,包括如何进入和退出交易,以及如何设置目标。作者的目标是教授一种基于概念的收入策略,而不是试图超越市场上的所有人。他还提到了如何通过交易小额合约(如微型E-mini S&P)来逐步建立资本。

25:08

📅 教学计划与目标

作者概述了他的YouTube教学计划,包括每周的上传时间(周五、周二和周四),并提到会有作业和PDF文件提供给学生。他强调,如果学生遵循他的教学计划,他们将能够更好地理解价格行为,并找到重复的交易模式。作者的目标是在不超过四个月的时间内完成这个教学计划,包括三月份的休假。

Mindmap

Keywords

💡交易心态

交易心态指的是交易者在面对市场波动时的心理状态和情绪控制能力。在视频中,主讲人强调了正确的交易心态对于交易成功的重要性,提到了不要因为市场的短期波动而产生过度的情绪反应,而是应该保持冷静和理性。

💡模拟账户

模拟账户是用于模拟真实交易环境的虚拟账户,允许交易者在不冒真实资金风险的情况下练习交易策略。视频中,主讲人提到自己使用模拟账户进行教学,并强调了通过模拟账户学习的重要性。

💡实盘账户

实盘账户是指用于真实资金交易的账户。主讲人在视频中提到,他将在2022年展示如何在实盘账户中应用他的交易概念,以证明这些概念的有效性。

💡交易策略

交易策略是指交易者为了实现盈利目标而采取的一系列交易规则和方法。视频中,主讲人承诺将教授一种简化的交易模型,帮助初学者理解和应用交易策略。

💡价格行为

价格行为是指市场价格变动的模式和趋势。主讲人在视频中强调了理解价格行为的重要性,并承诺教授如何读懂市场的价格行为和趋势。

💡交易纪律

交易纪律是指交易者在交易过程中遵循既定规则和策略的能力。主讲人提到,即使提供了交易工具和策略,交易者也需要有纪律地执行,否则无法实现交易成功。

💡分析瘫痪

分析瘫痪是指交易者在面对过多信息和选择时无法做出决策的现象。主讲人提到,他的教学目标是避免学生陷入分析瘫痪,通过简化的交易模型来帮助学生做出决策。

💡交易教育

交易教育是指教授交易知识和技能的过程。主讲人强调了自己作为教育者的角色,并承诺通过视频教学帮助学生提高交易技能。

💡交易心理

交易心理涉及到交易者在交易过程中的心理状态和情绪管理。主讲人提到,交易心理对于交易成功至关重要,他将教授如何培养独立和负责任的交易心理。

💡交易结果

交易结果是指交易行为的最终盈亏情况。主讲人在视频中提到,他无法保证每个学生都能成功,但会尽力教授如何通过正确的方法来提高交易结果。

Highlights

The speaker, known as the Demo Baller, emphasizes the importance of understanding his trading methods and their applicability in live accounts.

He addresses skepticism about the effectiveness of his teaching in real trading scenarios.

The speaker has a structured approach to teaching, focusing on simplicity and avoiding overcomplicated theories.

He shares his personal trading journey, starting as a commodity and futures trader in 1992 and transitioning to intraday trading.

The speaker promises to teach concepts that repeat in the market, aiming for consistency rather than perfection.

He outlines a three-stage mentorship process for his students, from learners to earners.

The speaker will not provide content in March 2022 as he will be on vacation.

He plans to demonstrate the application of his concepts in a live trading environment outside of a demo account.

The speaker prefers using TradingView and TD Ameritrade for their reputability and regulatory compliance.

He emphasizes the importance of personal responsibility and discipline in trading.

The speaker acknowledges that not all students will succeed and that individual experiences vary.

He encourages students to participate in the learning process and to avoid shortcuts.

The speaker's goal is to improve students' understanding of price action and market bias.

He plans to teach a simplified version of his concepts to make them accessible to beginners.

The speaker will use a live TD Ameritrade account to show real trading results.

He stresses the importance of not growing dependent on his guidance and developing an independent mindset.

The speaker's ultimate aim is to help students become profitable and self-sufficient traders.

Transcripts

play00:15

all right folks how you doing hope

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everybody's doing well

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and this is just a

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kind of like a prep to get your mindset

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correct on what's coming in two days and

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on the youtube channel

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i want you to understand going forward

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that

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obviously you are

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familiar with my moniker i've dubbed

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myself the demo baller

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and

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i've always talked through the medium of

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a demo account for my own protection

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and i've had students come in to my fold

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and

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question whether or not it was

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something that could work in live

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accounts because they themselves

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couldn't make it work

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in either a demo or paper trading

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because either they could not find it in

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themselves to submit to the process and

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the time required for their own

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individual development or

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they rushed and did things foolishly

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outside of the instructions that i

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provide

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in mentoring

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so there's a

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small faction of

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individuals on the internet that believe

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that these things that i teach don't

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work in a live account

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and it's never really been an interest

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in

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me really to see people

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fall over me and believe everything i

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say

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i've challenged everyone

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to put the things i teach to test see if

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the things i'm teaching you are in fact

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in the marketplace do they deliver

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more times than that

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does it

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provide you a way of finding consistency

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over a week not every single day

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perfection because i can't provide that

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i don't even trade perfectly like that

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a new trader can new teacher can provide

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100 accuracy

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but

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the way i teach and the way you'll see

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me mentoring on this channel in two days

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is i take the earners okay all of you

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that are not trading yet or have tried

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trading and failed

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you're yearning to learn how to do this

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okay so

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i'm teaching with that mindset now some

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of you obviously may have already been

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with me and found some consistency and

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some of you are doing exceedingly well

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and that's amazing that's great and i'm

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thankful for all of that

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but

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this is really meant for

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specifically

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it's for my daughter okay so i sat down

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and figured i'd kill two birds at one

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stone

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and

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if i can show a simplistic way of going

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in using the things that i teach

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stripping it down

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to

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its chrome

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okay no bells and whistles no advanced

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theories or anything like that what can

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i do to provide a model that my daughter

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could look at and say okay there's not a

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lot of moving parts it's real simple for

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me to decide what it is i want to do and

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also when not to do something okay and

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some of you may already be

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completely upset with that idea because

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you want me to come out here and lay an

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arsenal in your hands of high-tech

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weaponry

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it's

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been my experience that the highest form

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of analysis concepts that i've been

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teaching in my own personal mentorship

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many times creates

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exceptional traders yes

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but

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the majority of them

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in them being my students

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they get bogged down in all of the

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content and it just creates

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analysis paralysis and it's just too

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many things for them to decide because

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like kid in the candy store

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you know what do you eat first and while

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you're still chewing on the first thing

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what are you going to reach for next

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okay so if you don't have discipline and

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this is a personal responsibility

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characteristic that all of you gonna

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have to

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really

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assume okay because i can lay the things

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in your hands

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but

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if you don't respect the fact that they

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have sharp edges

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okay or

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if you use live ammunition before you're

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really properly trained you could hurt

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yourself okay

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so with that idea in mind um

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i'll be teaching

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a stripped down version

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of

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my concepts in a mentorship

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style

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so that way you can go through the

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process of learning how to do

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a specific trading model

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and i'll keep things germane to that

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model not trying to bring in too many

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things

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and one of the approaches is to trade it

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with index features okay and if you are

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not interested in trading futures that's

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fine you can still trade

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4x with these concepts as well but i

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kind of like want to drive it with

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futures

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i actually began trading in 1992 as a

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commodity and futures trader and i moved

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away from grains and cattle and gold

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silver crude oil all those types of

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markets and moved into

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the bond market the 30-year treasury

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bond and the s p

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so when that

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became my cup of tea if you will

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i became a better trader intraday

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and i put down the pursuit of trying to

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be a long term position trader because i

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felt that that would be the best thing

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for me because at the time i was working

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a job and had to balance all those

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things like working class individuals

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need to do they have to commute back and

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forth to work and those types of things

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so

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i figured position trading would be the

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thing for me and i found out that it

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didn't work for me okay so i liked the

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idea of short-term trading intraday

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trading it made sense to me because i

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can make quick decisions

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that may not be

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your style of trading i will teach you

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how to apply the things i'm going to

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teach

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on the youtube channel how you can scale

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that up into any time frame so that way

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there's no excuse for you not to be able

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to use the information to at least

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better your understanding in price

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action okay so here's my promises to you

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i promise you you're going to learn

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things that absolutely repeat

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a lot

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you are not going

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to be perfect it's not my goal to make

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you a perfect trader it's not my goal to

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make you a perfect analyst

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my goal is to improve your understanding

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about price action how price is

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delivered

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and how to read the bias on an intraday

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basis a daily basis and

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hopefully over a short-term period of

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time you can find setups that repeat

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and they have common characteristics

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that are very similar

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but they won't be identical no no they

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won't be

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carbon copies but you'll see

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similarities that to know and trust that

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this is a setup that you are familiar

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with okay

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and because you were all

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being viewed as

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yearners okay you are all yearning to

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learn how to do this

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there's three stages in this youtube

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mentorship okay i'm treating you all as

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green horns okay you're just yearning to

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do this a lot of you

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that begin this youtube mentorship will

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not complete it because you're gonna get

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frustrated because you want something

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else

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or a

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alternative a way of

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me teaching it to you i'm not going to

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take suggestions from anybody on how to

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teach it differently this is the way i'm

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going to teach it so it's as is

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it will not be setups given to you for

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trades but i will take your attention

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before the fact and draw them

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out on a chart where i want you to study

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where price will likely draw to next

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and using the things i teach you

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conceptually it's your job to study that

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okay do not look at that as a trade

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setup do not look at that as a

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enticement to take a live trade

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so it's my

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intentions

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to take

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the yearners that want to learn how to

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do this through a process of becoming

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structured learners

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so you're going from yearning to

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learning and hopefully at your

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discretion and timing you'll become an

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earner okay so

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learner

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earner okay

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so

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those three stages

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are what i'm going to take you through

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it's not going to be an entire year

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mentorship i'm going to do probably

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three or four months

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but before we get into it i want you to

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know that

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i will not be providing any content to

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the youtube channel or

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my own personal mentorship

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during the month of march okay so march

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2022

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i will not be

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doing anything i'll be on vacation and

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we're gonna be doing several road trips

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so i will not be

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working for you

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okay

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so if

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you can accept that then i think over

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the next coming months

play09:09

it should be rather entertaining and

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interesting for you as a student

play09:16

so you're looking at this screen here

play09:17

and one of the things i promised i would

play09:19

do in 2022 is to

play09:21

show you

play09:23

how some of these concepts would work in

play09:26

an environment outside of a demo account

play09:29

i've always used the moniker

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demo baller because

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that's my name i gave myself that to

play09:37

kind of like

play09:39

champion the idea that i'm teaching

play09:40

through a demo but if i can teach you

play09:43

through a demo and things are repeating

play09:45

you can see your charts

play09:46

okay whether it's a live platform or if

play09:48

it's a demo you're seeing the things

play09:50

that i teach and if you've been

play09:53

fortunate enough to be in my presence

play09:54

when i'm calling it beforehand

play09:56

it's very rewarding and you all on

play09:58

youtube will have those experiences as

play10:00

well

play10:02

but the main thing is for you not to

play10:04

grow a dependency on me pointing to

play10:06

everything before it happens because if

play10:07

you do that or if you have that mindset

play10:09

going in it's going to stunt your growth

play10:11

and in fact it's going to create a

play10:12

barrier for you

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because it'll create a codependency

play10:16

state of mind and i don't want that i

play10:18

try to foster a

play10:20

independent mindset where you're

play10:22

independently coming to the decisions on

play10:24

your own it's that way the results are

play10:26

yours if it's success you own it if you

play10:28

failed you own that too i can't co-sign

play10:31

for your failure and some of you

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absolutely will fail i said this many

play10:35

times openly and

play10:37

every time i've been asked

play10:39

in 2016 i started a paid mentorship

play10:43

and i have students from that time

play10:45

period that are still trying to find

play10:47

their way and they cannot make these

play10:49

things work for themselves

play10:51

i have other students from 2016 that are

play10:53

absolutely

play10:55

mind-blowing results and i have students

play10:57

from my mentorship group that was the

play10:59

final class in 2021 i'm not taking new

play11:01

enrollment so don't ask

play11:03

that group i have traders that are doing

play11:06

very well as well so it's not a

play11:08

shortcoming on what it is they're being

play11:10

taught it's just an individual unique

play11:12

experience that you have to grow and go

play11:14

through and i can't speed it up for you

play11:17

any more than i already done so i'm

play11:19

optimistic but i'm a realist i know some

play11:21

of you simply will not do the things i

play11:23

ask you to do you will not do them

play11:25

effectively and you'll try to short

play11:28

cut certain things and you'll think that

play11:30

you don't need to do this and don't do

play11:31

that and your results will be

play11:35

reduced

play11:36

because of that so if i suggest things

play11:39

to you drills homework things to study

play11:43

do your best to participate in that okay

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and

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even if you can't do it live

play11:49

you know there's other ways to go

play11:51

through and look at it it's not the same

play11:53

as seeing it live but it's

play11:56

the best you can do because some of you

play11:57

have businesses some of you have school

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jobs okay let's be real

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and you may have family things that keep

play12:04

you also from being able to watch live

play12:07

data in the times i'm asking you to do

play12:09

it

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i'm not going to jump through hoops i'm

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not going to do acrobatics to make it

play12:14

you know feasible for every single one

play12:16

of you okay it's unrealistic for you any

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of you to have that expectation of me

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because i don't need to be doing this i

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love doing it i'm looking forward to

play12:22

doing it but i want to make sure all of

play12:24

you have the right mindset okay

play12:27

so in 2022 i promised that you would see

play12:30

how these

play12:32

concepts work

play12:34

in an environment outside of a demo

play12:36

account and what would that mean

play12:38

well it would mean

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not well not an mt4 platform because

play12:43

years ago it's been shown how frauds and

play12:47

fakes can use that platform to pretend

play12:50

that they're profitable that they can

play12:52

find setups and that their trading is

play12:54

amazing

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and they can go in and edit their trades

play12:58

after the fact after the market's

play13:00

already moved

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well i've already proven that i don't do

play13:02

those types of things and i went to

play13:04

tradingview and that was the platform

play13:06

that i asked my community so which which

play13:08

platform should i use if i'm going away

play13:10

from mt4

play13:12

i want to go to a platform that's

play13:13

reputable so i teach and you'll see me

play13:16

teaching through

play13:17

tradingview so that's the medium that we

play13:19

use

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it's familiar to me because i'm teaching

play13:23

mentorship students through that but

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if that's not your platform of choice

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you're just going to have to get used to

play13:30

me teaching through that medium because

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i'm not going to do something in

play13:33

addition to okay

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but for

play13:37

a live account

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i felt that

play13:41

td ameritrade is very reputable

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and that it is

play13:46

regulated by the commodity futures

play13:47

trading commission and all of the other

play13:49

gardening bodies

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uh i cannot

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rig this to make it look like i'm

play13:53

smarter okay i can't go back in and

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change

play13:57

a trade

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i can't fix it okay i can't add lipstick

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to it okay it either is or isn't

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a profitable trade okay it's as simple

play14:07

as that

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td ameritrade uses

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the

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margins

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that are accepted and

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established in the industry

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and some of you may not be able to

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trade a market because of margin don't

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let that be a hindrance i'll show you

play14:24

how to work around that

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in other platforms while i don't

play14:27

personally use an mt4 account

play14:30

for teachings or or trading live funds

play14:33

or anything like that

play14:34

i'm

play14:35

confident that students that are trying

play14:38

to learn how to do this they can still

play14:40

use mt4 or mt5 or any other platform for

play14:44

that matter

play14:45

i as an educator though

play14:47

moved away from those

play14:48

platforms because they can be gained

play14:51

okay in other words they can be used to

play14:53

fraud

play14:54

and

play14:55

fake

play14:56

results okay so in treating you you've

play14:59

seen examples after examples of me going

play15:01

in recording an entry

play15:04

calling the moves as it happens without

play15:06

the replay button because replay doesn't

play15:07

let you do

play15:08

trade entries okay and replay only shows

play15:11

you a completed candlestick it doesn't

play15:13

show you the generation of the open all

play15:16

the price action up and down to the

play15:18

close of every individual candlestick so

play15:22

i've had a lot of folks

play15:24

over the years asked me to show live

play15:26

account show live account show live

play15:28

account

play15:30

and

play15:31

one of the things that kept me from

play15:32

wanting to do is because if i show

play15:34

results of any kind

play15:36

right away

play15:38

and this is how i viewed it too as a

play15:41

developing student in the 1990s

play15:43

that

play15:44

made me feel like

play15:46

i'm never going to get it because their

play15:47

results were way above

play15:49

what i could do as a

play15:51

learning

play15:52

developing student i had no idea what i

play15:54

was doing in 1992

play15:56

but to see people say yeah i made fifty

play15:58

thousand dollars in the soybean market

play16:00

okay or i made eighty thousand dollars

play16:02

in coffee

play16:03

well

play16:06

that to me was a very

play16:09

huge mountain decline like i have to do

play16:13

that

play16:14

it just it felt impossible

play16:17

but i also didn't want to give results

play16:19

that were so low end that it didn't

play16:22

inspire an interest in

play16:24

having people want to learn it

play16:26

so because this business is extremely

play16:30

unique and personal

play16:32

it's both the easiest thing you'll ever

play16:34

do and sometimes

play16:37

for many of you is the most impossible

play16:39

thing to be successful at and that

play16:41

sounds like an oxymoron it sounds like

play16:44

double talk and it is but it isn't how's

play16:47

that for

play16:48

a rib

play16:50

you can't

play16:52

appreciate how difficult it is until you

play16:54

start treating life funds

play16:56

but before you start treatment life

play16:57

funds

play16:58

in your in the consistently

play17:00

quote unquote profitable demo trading

play17:02

stage you feel like you can do anything

play17:05

but something magical happens when you

play17:06

go into a live account where now

play17:08

suddenly every little tick means

play17:10

something to you

play17:12

because it means

play17:13

success or failure on an individual

play17:15

basis whereas if you lose in a demo

play17:17

account yeah you didn't really lose

play17:18

anything

play17:20

you can take another demo trade but with

play17:23

live account trading

play17:25

you have to deal with that drawdown

play17:27

in that loss

play17:28

and making money in an account is

play17:30

sometimes worse than losing money

play17:32

because it will make you feel like you

play17:34

want another taste of that and it

play17:36

creates opportunities for you to go into

play17:37

over trade

play17:38

and or over leverage and both of those

play17:40

things we'll talk about in the youtube

play17:42

mentorship

play17:44

how to avoid some of those things

play17:46

but it's up to you

play17:47

to avoid them okay and

play17:50

it takes a lot of ownership

play17:52

personally and the responsibility that

play17:54

is required to do this is

play17:57

paramount okay you cannot have anybody

play18:00

else

play18:01

take responsibility for your actions

play18:03

it's your actions and if you do well you

play18:06

earned it

play18:07

if you don't do well you hate you have

play18:09

to eat it okay it's the way it is

play18:11

and too many people are weak-minded in

play18:14

this world that they will never become

play18:17

successful traders no matter who teaches

play18:18

them what whatever thing they use

play18:21

they're gonna be a failure okay that's

play18:23

just the way it is and there's no way

play18:24

around that i can't fix

play18:26

and improve everyone's shortcomings

play18:29

i have my own personal issues that i

play18:31

fight and wrestle with internally and

play18:34

it's not easy

play18:36

like i'm obsessively compulsive and i

play18:38

have i have adv it's

play18:41

all these things okay that

play18:44

make it difficult for me and i'm bipolar

play18:45

so i have a lot of mental

play18:48

barriers

play18:49

but if i can sit down

play18:51

and frame out an idea that

play18:53

repeats at least once a week

play18:56

i'm confident that those individuals out

play18:58

there that are like me or without these

play19:00

barriers

play19:01

can do it as well that's my personal

play19:03

belief it doesn't make it fact it

play19:04

doesn't make it true it just means

play19:06

that's my belief and i've seen

play19:09

case studies in my own students where

play19:11

that's true

play19:12

it's a transferable

play19:15

skill

play19:16

but the skill must be honed

play19:18

by you the student

play19:20

so anyway i promised i would show some

play19:22

results

play19:23

in 2022 outside of a demo account so i

play19:26

used td ameritrade but years ago i was

play19:29

asked to show a

play19:31

regulated broker

play19:33

non-mt4

play19:34

and

play19:35

i felt that td ameritrade was a better

play19:39

choice

play19:40

outside of

play19:41

you know the standard

play19:43

forex account brokers because with td

play19:45

ameritrade you can trade forex you can

play19:47

trade futures you can trade

play19:49

commodities stocks options you can bond

play19:51

up everything out there you can treat it

play19:53

okay so

play19:55

eventually over time if you do become

play19:57

successful when you're profitable you

play19:59

want to go with a broker that allows you

play20:00

to have access to all those vehicles

play20:03

because there's certain times of the

play20:05

year certain asset classes just aren't

play20:06

going to do very well but others will in

play20:09

this type of broker

play20:11

and i'm not repping td ameritrade i

play20:12

don't get anything for it i'm not an

play20:14

introducing broker i'm just saying that

play20:17

when i'm showing results

play20:19

in an account that is not demo

play20:22

this is the broker that i deposited

play20:25

funds with so that way we know what i'm

play20:28

saying here i'm not telling you to go

play20:29

here and trade okay

play20:32

i have

play20:34

only traded a few trades with this

play20:37

broker but i can tell you their fills

play20:39

are immediate

play20:40

their confirmations are

play20:42

solid i haven't had any

play20:45

problems

play20:46

technically it's just i'm fumbling with

play20:49

the layouts the way things are

play20:54

made available to me because it's just

play20:55

like anything else when i'm transitioned

play20:57

from mt4

play20:59

teaching from that being very

play21:00

comfortable that going into

play21:02

treating view

play21:04

it's very cumbersome and i'm still

play21:07

clumsy with it when i'm teaching

play21:09

and

play21:10

i'm finding it a little bit cumbersome

play21:13

here as well because i just don't know

play21:14

where they have certain things i don't

play21:16

know how to

play21:18

make the charts

play21:19

scalable as faces i want them to be

play21:22

and like i'm used to doing it with

play21:23

tradestation or tradingview or mt4

play21:27

so it's just a learning process but it

play21:28

doesn't change the fact that if you know

play21:30

how to trade then

play21:31

the trades are easy

play21:33

so i keep everything very simple you

play21:34

know i use

play21:36

limits and markets

play21:37

to get in and i just collapse a trade

play21:39

when it gets to a target of my choice so

play21:44

that's all i'm showing you here today

play21:46

it's just to show you that the things

play21:48

i'm going to be showing you

play21:50

are applicable

play21:52

on paper

play21:53

and in demo

play21:54

and the same logic is used here and

play21:57

while this is not a lot of money it's

play21:58

only twenty three thousand was it six

play22:00

hundred ninety four dollars and eleven

play22:02

cents

play22:02

it's not

play22:05

something to brag about let's just put

play22:06

it that way but it's something that's

play22:09

not demo it's something that won't stay

play22:13

at that level and my objective is

play22:16

to teach conceptually

play22:19

a hypothetical income based strategy

play22:22

okay it's not a

play22:24

trying to beat the world cup

play22:27

okay it's not

play22:28

trying to do better than every instagram

play22:30

trader out there it's just

play22:32

trying to teach

play22:33

how someone can take

play22:36

another opportunity and hopefully in the

play22:38

best case scenario and i can't guarantee

play22:40

or promise it to you but i'm going to

play22:42

certainly do my best to do what i know

play22:44

and how i can teach it so that way you

play22:47

can be at least inspired to make an

play22:48

attempt to try

play22:50

okay

play22:51

and because i believe that things are

play22:52

about to get really really hard for

play22:54

everyone

play22:55

financially

play22:56

and

play22:58

without going into great detail just

play22:59

look around the world and you know what

play23:00

i'm talking about

play23:02

but

play23:03

this is the e-mini s p march delivery

play23:06

contract for 2022 okay and it's a two

play23:09

minute chart

play23:10

and i want you to see

play23:12

the

play23:13

port of entry here

play23:15

this is a short it took

play23:18

and the cover was here

play23:22

and

play23:23

another one here a small little scalp

play23:26

and then here

play23:29

and then

play23:31

over here i'm showing you so that way

play23:33

you can see there was no other

play23:35

trades after that short or two shorts

play23:38

rather and then today i slept in

play23:40

and i just want to have something in

play23:42

addition to what i already have here

play23:49

this is kind of like one of the setups

play23:51

that you're going to learn

play23:52

in the mentorship

play23:54

where

play23:55

the entries here

play23:59

and exits here

play24:02

okay not a lot of handles okay handle

play24:04

would be like 45 67 to 45 68.

play24:08

so that's four ticks or one full handle

play24:11

in this market it's 50 per handle

play24:14

or per four ticks so every one tick is

play24:17

twelve dollars and fifty cents

play24:20

above this high

play24:22

is buy stops and i was targeting that

play24:24

here

play24:25

running into that okay so

play24:27

very very simple strategy

play24:28

optimal trade entry you don't need to

play24:30

get in at this level here okay i'm going

play24:32

to teach you how to have forgiving

play24:35

entries

play24:36

you don't need to be highly precise

play24:38

about your entries but you need to be

play24:39

precise about the directional bias and

play24:40

where it's going okay where's price

play24:43

reaching for

play24:44

and that's kind of like what i'm showing

play24:46

you in this mentorship on the youtube

play24:48

channel so if i have

play24:51

at least

play24:54

given you the opportunity to find setups

play24:57

conceptually

play24:58

if that's the case

play25:00

then

play25:01

over time if you submit yourself to it

play25:04

you'll find more setups than you'd ever

play25:07

imagine because they're there a lot in

play25:10

excess of these lower time frames

play25:12

so

play25:13

in a nutshell what am i saying here i'm

play25:15

saying that if you can learn how to take

play25:17

25 handles

play25:19

okay if you can take 25 handles out of a

play25:22

market like the e-mini s p

play25:25

you may not have the margin

play25:28

12 13 000 or whatever it is to trade one

play25:31

contract of this market you don't need

play25:33

to have that you can trade the micros

play25:37

and while you're not making fifty

play25:38

dollars per handle on e-mini s p you're

play25:40

making five dollars per handle you can

play25:42

still graduate over time and build that

play25:44

up and it's not a lot of

play25:46

initial margin that's required to do

play25:48

that

play25:49

or if you're outside the u.s you can

play25:51

trade a cfd

play25:53

and trade the u.s 500 market

play25:57

through like an mt4

play25:59

account

play26:00

and again

play26:02

i'm just going to touch on that i'm not

play26:03

suggesting that you should especially

play26:05

those individuals in the states because

play26:06

it's actually illegal for you to trade

play26:08

that because it doesn't go through a

play26:09

regulated extreme exchange like a

play26:11

futures market would so that makes it

play26:13

illegal for us traders to do that

play26:16

so we have to in the u.s trade through

play26:18

the futures market and they have been

play26:20

nice enough to provide micro

play26:22

accounts for vehicles like the e-mini s

play26:24

p

play26:25

and the nasdaq

play26:27

they have micro accounts so

play26:29

whatever the multiplier would be on the

play26:32

regular mini

play26:33

it's just reduced

play26:35

to a smaller level in terms of margin

play26:38

and tick value

play26:40

and i'll cover all that stuff it's i've

play26:42

made it very very simple or at least

play26:43

that's been the goal i'm having going

play26:45

into this i'll make it very very simple

play26:46

for all of you

play26:47

to look at it

play26:49

say okay i don't have to have a thousand

play26:50

moving parts i can go in and simply look

play26:52

at things that make sense

play26:55

and if you can visually understand what

play26:56

it is i'm teaching

play26:58

you'll see that it doesn't require a lot

play26:59

of chart graffiti okay things that are

play27:02

very distracting do you look at this

play27:03

chart here and see a lot of things that

play27:05

would be mysterious no very simple

play27:07

little things i'll draw a line to

play27:08

highlight a level that i want to see

play27:10

breached

play27:11

okay and a level where i want to see it

play27:13

reach up into and that's the basis of

play27:17

understanding how the markets work

play27:19

within a liquidity

play27:21

matrix you have buy side and sell side

play27:24

and once you have that understanding and

play27:26

i'll teach some of those things in the

play27:27

mentorship

play27:29

you'll be able to find setups that

play27:30

repeat

play27:31

at least one good setup a week

play27:34

but if you can find 25 handles a week

play27:37

in the e-mini market

play27:40

you can do very very well with that

play27:42

very very well you don't need to hit

play27:44

home runs

play27:45

and here's my inspiration to you in

play27:47

closing

play27:49

if we're looking at a market that

play27:52

provides uh setups

play27:54

and let's just say your mortgage

play27:57

or your rent

play27:58

is say 1500 it may not be that much it

play28:01

may be actually more than that i'm just

play28:03

going to say let's say it's 1500

play28:06

what happens if you can earn enough

play28:08

to make 50 or all of that a month

play28:12

going forward

play28:14

would that not be beneficial to you

play28:17

that's the mindset i want you all to

play28:18

have or let's say you have a car mode

play28:20

in your car payment and your car

play28:22

insurance

play28:23

if you could find a way to have that

play28:25

money

play28:26

come to you by your own speculation over

play28:29

time not right away i'm not suggesting

play28:31

all of you are going to do this in the

play28:32

same year

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but over time if you submit to the

play28:35

process i outlined for you

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my belief is my personal belief my

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honest opinion is i believe that it is

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possible now anyone can say oh

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anything's possible

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but i believe the things i'm going to

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show you

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are things that you'll be able to spot

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on your own now i'm going to coach you

play28:54

throughout the coming months showing you

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where certain things may deliver

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but i don't want you

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to

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feel like you need that

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so i'll teach you how to anticipate

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certain things on your own and then you

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check

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yourself with the things i reveal or do

play29:11

a review with

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and

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my belief is that you'll be better at

play29:17

reading price

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when i'm done doing this youtube

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internship

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and again i don't think i'm going to be

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doing more than four months and that

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four months is actually including

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the month of march where nothing

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nothing's getting uploaded nothing in my

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private mentorship or on youtube so i

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will be

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vacationing that entire month so i'll be

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doing those

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things during the month of march and

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then in april i'll return back to the

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mentor

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that i am in my private mentorship and

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i'll return back to the delivery of the

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lessons on the youtube channel so what

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does this schedule look like

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for this mentorship on youtube

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obviously friday will be your first

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episode

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and then it'll be a tuesday and thursday

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upload

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there will be

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assignments and pdf files

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provided for your learning

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throughout the week i'm not promising

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any specific schedule on that but you'll

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be able to see them if you go to my

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community tab i'll

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provide a way for you to get to the

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information and download it

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and i think that if you submit to this

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you'll be

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far better than you are right now about

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reading price

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expecting

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certain things to deliver

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and you'll find that it's not as

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challenging when you have a good mentor

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and you have sound logic

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and it's not over complicated and that's

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my goal going in and until talk to you

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on friday

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be safe

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