Day Trading was Hard, until I Found this SECRET

Summary

This video shares seven crucial lessons learned over five years of day trading, transforming from a consistent loser to a profitable trader risking up to $1,000 per trade. Key insights include focusing on market inflection points rather than just following trends, understanding the significance of support and resistance levels, and recognizing fake-outs. The speaker emphasizes the importance of having a plan, trading with an edge, and maintaining a consistent routine. Additionally, the video highlights the benefits of trading futures and provides resources for further learning, including a free guide on reversal patterns.

Takeaways

• 📈 Start Small: Begin trading with a small amount and gradually increase risk as you gain experience.
• 🔍 Find Your Edge: Look for inflection points in the market where trends change direction to identify potential trading opportunities.
• 🏁 Risk-Reward Ratio: Aim for trades with a favorable risk-reward ratio, risking a small amount for a potentially larger return.
• 📊 Support and Resistance: Utilize key support or resistance levels to identify potential shifts in market direction.
• 🚀 Breakouts and Pullbacks: Recognize breakouts as potential inflection points, but be cautious and wait for a pullback to confirm the trend.
• 🕒 Market Timing: Be aware of specific times in the market day that can present opportunities, such as the first 30 minutes after the market opens.
• 📉 Watch for Fakeouts: Be cautious of fake breakouts which can signal a reversal in the market direction.
• 📈 Market Modes: Understand that the market has periods of high and low volatility, and trade accordingly.
• 📊 Candlestick Patterns: Learn to read candlestick charts to interpret pure price movement without the need for indicators.
• 🌐 Futures Trading: Consider trading futures for greater flexibility and leverage, which can be advantageous for smaller accounts.
• 📝 Have a Plan: Develop a consistent trading plan and stick to it, focusing on specific strategies rather than reacting to every market movement.

Q & A

What is the main focus of the video script?

The video script focuses on the speaker's journey and learnings in day trading, emphasizing the importance of finding an edge in the market, particularly at inflection points, and sharing key lessons to help viewers avoid common pitfalls.

What does the speaker suggest is the most effective way to make money in trading?

The speaker suggests that the most effective way to make money in trading is by identifying inflection points in the market where there is a change in direction or mode, and capitalizing on these points for potentially high profit trades.

What is an 'inflection point' in trading as described by the speaker?

An 'inflection point' in trading, as described by the speaker, is a moment when the market changes direction or mode, such as shifting from a sideways trend to an upward or downward trend, indicating a potential edge in the market.

Why does the speaker advise against simply buying into an uptrend?

The speaker advises against simply buying into an uptrend because it lacks an edge; the market could reverse at any time, and there is no certainty that the trend will continue higher.

Outlines

00:00

📈 Finding Trading Edges at Market Inflection Points

The speaker shares their journey from losing money to making consistent profits in day trading. They emphasize the importance of identifying inflection points in the market where trends change direction, as these points offer a trading edge. The speaker explains that simply following the trend is not enough and that traders should look for opportunities where the market is shifting from one trend to another. They also discuss the potential for high profit margins by entering trades at these points, as the market imbalances can lead to favorable risk-reward ratios.

05:01

🚀 Understanding Breakouts and Fakeouts in Trading

This paragraph delves into the concept of breakouts and the potential for inflection points when resistance levels are breached. The speaker mentions that while breakouts can signal new trends, they are not always reliable indicators of continued movement in the same direction. They introduce the idea of 'fake outs,' which are deceptive breakouts that can lead to reversals. The speaker also discusses the importance of recognizing when the market is moving too quickly, as this can indicate a lack of support levels and a potential for a rapid reversal back to the starting point of a trend.

10:03

🔍 Recognizing Market Modes and Trading Timing

The speaker discusses the concept of market modes, explaining that there are times when the market is more conducive to trading due to better risk-reward opportunities. They highlight the importance of distinguishing between days with significant movement and those with minimal action. The speaker also introduces the idea of timing in the market, particularly focusing on the first 30 minutes after the market opens as a critical period when major market shifts can occur. They share personal experiences and observations, suggesting that this timing can be a consistent indicator of potential trading opportunities.

15:04

💡 Transitioning to Futures Trading for Flexibility and Leverage

The speaker shares their personal transition from trading stocks, options, and Forex to focusing on futures trading. They highlight the benefits of futures, such as the ability to start with a smaller amount of capital and the high leverage available. The speaker also discusses how this transition allowed them to focus on reversal opportunities and capture significant market moves with a smaller risk. They mention the growing trend towards futures trading and offer to provide more in-depth information on how futures work for interested traders.

20:05

⏰ Establishing a Consistent Trading Routine and Strategy

In this paragraph, the speaker emphasizes the importance of having a consistent trading routine and sticking to a single strategy. They discuss the pitfalls of trying to capture every market move and the dangers of being overly reactionary. The speaker shares their experience of narrowing their focus to reversals during a specific time window each day, which has led to profitability. They stress the importance of having a plan and waiting for the market to present opportunities that fit this plan, rather than chasing the market and attempting to trade on every fluctuation.

🎯 The Importance of Focusing on Quality Trades Over Quantity

The speaker concludes by reinforcing the idea that successful day trading does not require a high volume of trades. They argue against the notion that day trading means making money every day or taking a trade every day. Instead, they advocate for a patient approach, waiting for the right opportunities that align with a well-defined strategy. The speaker shares their personal strategy for growth, which involves risking a small amount per trade and capturing larger profits when the market presents the right conditions. They offer a free guide with their favorite reversal patterns and encourage traders to adopt a disciplined approach to trading.

Keywords

💡Day Trading

Day trading refers to the practice of buying and selling financial instruments within the same trading day. It is a short-term strategy aimed at exploiting small price movements to make profits. In the video, the speaker discusses their journey from losing money to making consistent profits through day trading, emphasizing the importance of learning and applying specific strategies to succeed in this high-risk activity.

💡Risk Management

Risk management in trading involves the identification, evaluation, and prioritization of risks followed by coordinated efforts to minimize, monitor, and control the probability or impact of unfortunate events. The speaker mentions risking 'almost $1,000 per trade' and 'risking $600' to highlight the importance of managing the amount of money one is willing to lose in each trade to ensure long-term profitability.

💡Inflection Points

Inflection points in trading are areas where the market changes direction or mode. They are critical for traders looking for an edge because they can indicate potential turning points in the market. The speaker describes how finding these points can lead to higher profit potential due to the market imbalance, providing examples of how they have used inflection points to make profitable trades.

💡Support and Resistance

Support and resistance are levels on a price chart where the price of an asset tends to stop falling and start rising (support) or stop rising and start falling (resistance). These levels are important for traders as they can indicate potential reversals or continuations of trends. The script mentions waiting for the market to come down to a key area of support or resistance to take advantage of potential shifts in the market.

💡Breakouts

A breakout in trading occurs when the price of a security breaks through a defined support or resistance level. It can signal a continuation of the current trend in the direction of the breakout. The speaker discusses breakouts as potential inflection points but also warns about the risks of entering a trade too early, suggesting a strategy of waiting for a breakout pullback.

💡Candlesticks

Candlestick charts are a popular method of displaying price movements in financial markets. They provide a visual representation of the open, high, low, and closing prices for a given time period. The speaker emphasizes the importance of understanding candlestick patterns to read the market without the need for additional indicators, as they reflect pure price movement.

💡Fake Outs

A fake out in trading is a situation where the market appears to be breaking out or breaking down but then reverses direction, often trapping traders who acted on the initial movement. The speaker identifies fake outs as significant signals for potential reversals, providing an example of how a market can 'fake out' traders by reversing after an apparent breakout.

💡Market Modes

Market modes refer to the different states or patterns that the market can exhibit, such as trending, ranging, or being volatile. The speaker discusses the importance of recognizing these modes to understand when the market is more likely to provide good trading opportunities with favorable risk-reward ratios.

💡Timing

In the context of trading, timing refers to the optimal moments to enter or exit a trade based on market behavior. The speaker shares a personal discovery that the first 30 minutes after the market opens can be a critical timing for significant market movements, which they use to identify potential trading opportunities.

💡Futures Trading

Futures trading involves agreements to buy or sell a particular commodity or financial instrument at a predetermined price at a specified time in the future. The speaker recommends trading futures due to their flexibility and high leverage, which allows starting with a smaller amount and potentially achieving larger profits, as illustrated by the speaker's personal experience.

💡Consistent Routine

A consistent routine in trading means following the same process or strategy every day to increase the likelihood of success. The speaker emphasizes the importance of having a daily routine that includes analyzing the market, identifying potential trades, and sticking to a plan rather than reacting to every market movement.

Highlights

The importance of finding an edge in the market, particularly at inflection points where the market changes direction.

The challenge of making profits by simply following an uptrend, and the need for a more strategic approach.

The concept of inflection points as areas where the market changes direction or mode, offering potential for higher profits.

The advantage of trading at inflection points for a better risk-reward ratio.

The strategy of waiting for the market to reach key support or resistance levels for potential shifts.

Transcripts

day trading can be overwhelming and

really complicated when you first start

out and so I want to walk you through

the seven reasons that took me from

risking a small amount not making money

losing money consistently to now making

consistent money risking almost ,000 per

trade it took me about 5 years to kind

of figure out trading and so I want to

help save you that time and money lost

with these key lessons that I learned

and towards the end I'm going to share

with you something that I've only

recently really discovered that has

started to Skyrocket by trading now the

first thing you often learn when trading

is you hear that the trend is your

friend and you should always be trading

in the direction of the trend so if you

see an uptrend you should probably be

buying because the trend will continue

higher now what I realized is instead

the way to actually make money trading

is you need to find an edge in the

market and the most of the time where I

found that edge is actually in

inflection points and what I mean by

this is you want to be finding out where

the market is changing anytime the

market is changing directions or modes

that is an inflection point anytime you

see the market go from a sideways Trend

to a downwards Trend or to a sideways

Trend to an upwards Trend these are

inflection points and where there is an

actual Edge in the market you do not

have an Edge in the market just buying

in an uptrend thinking that it's going

to keep going higher because you don't

know when that market is going to

reverse on you now you totally can make

money catching swings for a while but

what I've realized is that's really hard

to actually profitably do and instead

looking for where those potential

inflection points are in the market is

going to make you way more money because

a lot of the time you can jump in on a

trade get out for a potentially High

profit because there is a turning point

happening in the market which means

there's an imbalance in the market and

so it makes it so the risk versus reward

ratio is in your favor to where a lot of

the times you can risk something like

let's say $100 and you can make3 or $400

in return you're getting a three times

or four times return and so this is the

way to make money trading is is learning

how to spot where these areas are so the

best way to take advantage of these

inflection points is waiting for the

market to come down to a key area of

support or resistance or supply and

demand and waiting for that shift to

change because that's where there is a

good Edge in the market of a potential

for that really good risk reward ratio

where you can get in in this trade I'm

risking about $600 and then over the

course of this trade I make close to

$3,000 and so that's where the risk

reward really comes into play and allows

you to have an edge in the market and

make money over time because that's what

trading is all about because that's the

only thing we're trying to do when it

comes to trading is make money and

finding where those inflection points

are is how you want to do it now another

type of inflection point is breakouts

now I don't personally trade these and

I'll talk more about why later but if

you have something like a resistance

level here you can see the Market's

bounced up here a couple of times and

it's eventually going to come up here

and break it now what happens when it

does this is it can be a potential

inflection point where the market or

whatever stock or chart you're trading

comes up to this level and the

resistance area fails and it breaks out

the better ways to trade these is

generally making waiting for it to come

back and test the level you'll often

hear this called a breakout pullback

where it kind of breaks out comes back

and shoots up and that's where the big

Trend play can be made and so that's

where you can see there's clearly an

inflection point here and that's another

way you can make money trading but the

key here is you are focusing on that as

a key level once you see the market kind

of break out here there's no place to

get in a lot of the times a big mistake

I did a lot of the time and I see people

do as I've started to teach this stuff

is that they will see this inflection

point miss this initial entry and then

they'll try and get in somewhere up here

now you can see if you got in anywhere

in this trend in this case you would

have made money because it kept going up

but you don't know where you are in the

trend when the Market's trading right

here right here you don't know if it's

going to go up or down it could go

either way and that's where focusing on

these inflection points gives you that

edge because the risk vers reward is way

more in your favor right here you have

the potential for the market to go up a

lot or right here you have the potential

for the market to break and keep going

lower like it has done in the past now

one thing about breakout trades which I

want you to think about is just because

you see the market break out does not

mean it's going to now continue higher

in a massive way like over here as the

market moved up here came into a

sideways range broke higher made that

pullback and it kept going higher so as

we go forwards we can see the market

kind of does that again where it makes a

nice move up now it's going into a

sideways range for a few days we're

actually looking at a 5 minute chart

right now and so you would assume okay

we've broke up here I'm going to wait

for it to pull back to the previous

highs wait for that breakout pullback

and then buy it and so you can see that

that actually worked pretty nicely to

make new highs right here but that

doesn't necessarily mean you can now bet

that okay well it's going to just make

another massive move up what the market

will do sometimes and this when I say

Market I mean any chart you're looking

at that's something I realized too is if

you can learn to read candlesticks you

do not need any indicators and you can

just apply it to any chart or Market

there is because candlesticks just

reflect that pure of price movement and

price always tells you what you want to

know about the market and so what

happens here is what I like to call a

fake out sometimes you can have

breakouts and you can also have fake

outs and so this is something I actually

realize as well throughout my trading is

when you see a fake out it's actually an

amazing signal of a reversal because

just like we talked about if you think

about it you have these people over here

that are looking for this exact thing

again and so they come up here they see

the market do this you know you think

well we could be right here and I could

expect the market to make a massive move

up and so they buy and you know the

trade let's say you get in here trades

looking good for a little while and then

all of a sudden Boom the market just

reverses and so all those people are now

trapped and they have to get out of

their trade and so it pushes the market

lower and you have people like me

looking for this trap to happen because

it's pretty clear it it works a lot I

would say this is the biggest signal I

found for reversals is these fake outs

and then it just makes a massive push

lower and it actually goes down to the

previous level right here that's

something else I've actually realized

over time too is if you see a move like

this and it kind of goes like this if

the market makes a very fast-paced Trend

and it starts to give that back up it'll

generally give that back up as a really

good Target is where it initially

started of where that Trend up started

and so once this trend starts going down

and starts breaking through this support

here I pretty confidently look at the

chart and say yeah we are going down to

here because there is air between here

and there there's no clean support

levels because when the market moves so

rapidly it doesn't have time to be in a

healthy Trend and essentially stair step

and make support levels as it goes up

when it just kind of moves up in one

direction it'll often if it starts to

give it back up it'll just move down in

One Direction too as well

and so you can see that's what happens

here it starts to move down SS around a

little bit and then just pukes lower now

as well something that took me years to

figure out and it still might take you

months to figure out and really learn is

the market has modes is looking and

zooming out here is the market has times

where it's really good to trade and

there is really good risk reward

potential and it has times where it just

kind of sucks and so you know you can

see right here on this day capturing a

kind of move like this that has insane

good risk reward ratio versus something

like this over here you can see this is

a really small move and there's a lot

worse risk W ratio in terms of this move

down a day like this you don't have as

good risk to reward ratio versus this

day like over here where you can get in

somewhere here and you can make a

massive potential trade and so the

hardest part is learning how to decipher

between days where the market is just

chopping around not doing much you can

see this day right here is the market

was just kind of sitting around really

not doing much and the way to really

look at that is look at the Candlestick

is you can see that they are just

stacking on top of each other there's no

actual movement back and forth and so

even though the price here you can see

is at a key resistance Zone it

definitely can tell you though that

there is just not much potential

movement in the market and same with

kind of a day like this where you know

the the price here it broke up and then

just kind of sat there for a long time

and then eventually kind of sold off but

it still kind of just sat there and so

you can see here that rule kind of

Applied again in terms of the market

kind of made a big Trend up here kind of

sat there for a while and then once it

started to give that back up it gave it

back very quickly it started to find

support there at that low area again and

so that's something really pay attention

to cuz you can see that applies a lot

you can see it basically happened right

here as well is shot up came back to

that area found some support and so how

you decipher between kind of volatile

days where there's good Movement Like

This Day great movement and days where

it doesn't have good movement can be

challenging and so this is where kind of

experience comes into play but knowing

how to deal with that is really

important and so probably the biggest

thing that took me years of just

watching charts to realize was a timing

in market and so this is mainly focused

on the S&P 500 or the NASDAQ or the Dow

Jones you know mainly the key us indexes

is that there is a timing 30 minutes

after the market open and so to show you

what I mean let's look at a NASDAQ chart

on a one minute and so I am on the west

coast of the US and so the market

actually opens at 6:30 for me versus the

normal 930 standard new New York Stock

Exchange time and so 30 minutes after

the open is 7:00 for me and so what I've

realized at this time is this is when

the big money comes into the market and

will cause the market to shift in a big

way a lot of the time the first 30

minutes of the market it's kind of

figuring out what it wants to do there's

potentially news going on and so the big

Banks or whatever you know I don't

really know what goes on in those places

but this is their timing for potentially

starting to move the market and what I

often see happens and again it doesn't

really matter why it happens all that

matters that it does happen and so you

can see at 7:00 the market has sold off

and now it's start it's reversing and

that's my biggest thing I've realized is

it basically this is an inflection point

in the market it's where there is a

potential Edge to happen and so on this

day Market comes down pretty much around

7 you know it doesn't have to be exactly

at 7 you know of course there's some

wiggle room in this it's not exactly at

7 but I like to think about you know 10

minutes before 10 minutes after

something like that in this area it's

going to potentially have a bounce if it

sells off into that area and so this is

one example if I actually just scroll

back to the previous day and we look at

the market opening here at 6:00 you know

the market Rockets right at the open and

then actually sells off comes into our

7:00 window finds some kind of support

in this area and then you this one kind

of takes a little while to get going but

it's pretty much finding that support at

7:00 and then you can see from there it

just massive uptrend for the day and so

that's kind of where it's okay it's

solidifying it's finding its Trend that

it wants to do and you could have easily

come in here and put in an order here

put your stop loss below kind of this

area and captured a massive potential

move as the market moved up in this

direction sadly I wasn't trading on this

day I just don't trade Mondays and so

that's that's a rough opportunity Miss

and then another one is if we just go

back to the previous day again this is

kind of showing you how consistent this

can be is again here 6:30 Market kind of

opens it's kind of choppy and then 7:00

boom it opens up pushes the highs and

then starts a trend from there and so

this one isn't that great I would say

because you can see again the Market's

kind of choppy and so going back to that

rule of knowing okay when's the

volatility that's you know volatility

gives you good risk reward gives you

that edge and here you know there's just

not really that much volatility there is

there is volatility back and forth but

quite often when I see that I think well

okay it's choppy it's it's just kind of

moving back and forth so it's more

likely to keep doing this I always find

that the market is more likely to

continue what it's doing and so if

you're ever not sure about a read or

what the Market's doing just think about

it's likely to repeat what it was doing

I don't know percentage you know I've

heard 80% sometimes thrown out there but

you know that's that's just kind of a

random number but again versus this one

over here you can see there that boom

there's volatility in this market way

more and so then it comes down here it

does sit here to chop for a little while

but you can see that it's had this type

of movement recently in the day which

gives it more likelihood for it to

happen again and so what all this has

done for me is it has narrowed my focus

trading now one thing that really helped

with my trading was switching to two

Futures and so this is a trade from

years ago of me starting a smaller

account with a smaller account of

trading Futures now I used to trade

stocks I used to I tried to trade

options even some Forex and I realized

that trading Futures allowed you to

start with way smaller amount and then

allowed you to have a lot more

flexibility as well and the Leverage is

honestly insane I think it's somewhere

like 450 times it might even be 500

times leverage it goes up as the market

goes up in price and so it allowed me to

start looking for these you know

reversal opportunities where I jump in

and a trade here and then I capture a

massive move down and you can see here

I'm up $770 in this trade and in this

one trade I think I was risking about

$150 and so this is a massive win for my

you know smaller account that I was

starting with at the time and so I would

highly suggest looking into trading

Futures if you haven't

because it's been super helpful for me

and I've actually realized there's a

massive Trend shifting towards them I

think as people realize how much more

beneficial they are so I have a video

that I'll link that goes way more in

depth to talking about Futures and

explaining how they work if you want to

check that out and so switching to

Futures were really really helpful and

so what figuring out this 7 Minute

timing also did for me is allowed me to

really narrow my focus the biggest

mistake I see so many new Traders do and

I did myself was going into the market

and being reactionary and saying you

know watching the market play out and

seeing you know oh wow the Market's

shooting up let me buy here you know I

got to get in on this move look how fast

it's going and you know you're trying to

essentially capture every move and so

you know again if you if you jumped in

right there you know you you bought in

right at the top and then now you're

seeing it go down okay I got to get in

this is this is reversing and then the

market sits there right and so it's

having five different strategies you're

trying to do or five different patterns

you're trying to trade and essentially

trying to capture out on every move it

is not about capturing every move in the

market you don't need to be trading

breakouts reversals continuation trades

scalping for smaller things and then

swing trading on a larger time frame

that honestly kept me stuck in a cycle

of losing for 5 years straight because I

wasn't focusing on one specific thing

and in instead starting to just focus on

okay I come in every day open my charts

look at a larger time frame and see okay

where are the big ranges in the market

today looks like we have a big

resistance level up here big support

level down here and then going into a

smaller time frame chart and looking for

a reversal at that timing window of 7:00

and so this doesn't happen every day but

when it does I I'm there and I'm able to

capture on that move so instead of

following what the Market's doing and

trying to chase what the Market's doing

I'm sitting and I'm waiting for the

market to essentially come to me I have

a plan and then when it does that I'm

able to execute and take advantage of

that plan and the move that it

potentially has you want to go into

trading with that plan in mind because

otherwise you're just going to be

chasing your own tail and it's not going

to work out in the long run you might

have wins here or there because again at

the end of the day there's some luck

involved it's trading you know you can

always make money in the short term you

know a lot of the ways it's like

gambling right you can always go into

the casino and make money in a day or

two or even a week but over the long run

the casino is going to win every time

because they have a plan and they

consistently execute it the same way

every time that's what you want to think

about like with trading and so the

biggest thing that made me profitable

was narrowing my focus and focusing on

just reversals and so I actually have a

14-page free guide you can get that has

all my favorite reversal patterns in it

you can get that in the link of this

video and so I've been trading this

strategy for years and through this

strategy I was able to start with a

really small account risking something

like $100 per trade you can even start

smaller if you want you could probably

risk $20 per trade at the smallest size

and then you know capturing moves like

this where you're risking a smaller

amount and capturing a larger amount

where I'm getting about $300 on a win

here and so that's about three times my

risk and you're able to get in and be

able to have a plan and consistently be

taking profits out of this you can see

this trade is from 2022 and check this

out 7:00 there is a reversal happening

I'm telling you this has it's there it

happened consistently and you're able to

take advantage of it and now over time

you know I'm risking way larger amounts

you can see again this is another trade

way more recent 2024 again 7:00 I'm

looking for a reversal to happen so it's

allowed me to grow that account and the

thing is what you want to realize is

when it comes to trading you do not need

to be taking 10 trades a day probably

the biggest thing that loses people

money trading is falling into that trap

of day trading and realizing that you do

not need to be making 50 trades a day to

be making money day trading day trading

doesn't mean you're making money every

day it doesn't mean you're taking a

trade every day day trading just means

you're taking a trade on a really small

time frame entering in on that day and

getting out on the same day when it

comes to finding that edge in the market

that edge is going to be found only so

often and when you're trading properly

you're sitting there and waiting for the

market to come to you to find that

opport opportunity you're not trying to

capture every move and make money every

day if you try and make money every day

you're going to be forcing trades on bad

trading days and you don't want to be

doing that you want to be taking trades

only when it fits your plan because you

know I've tried it where you try and

have different plans for different types

of trading days or different modes the

markets in you know have a reversal

strategy have a breakout strategy and

I've realized that you know what just

keep it simple stick to one Str strategy

and wait for the market to come to you

take action when it does and if it

doesn't be done for the day and so

that's why I've started to do this kind

of trade where I I really only show up

for an hour in the morning once I you

know I I start watching the market

around 6:30 but I then take a trade you

know a reversal trade and then once that

happens I'm done trading for the day

because again that opportunity is around

that 7:00 time and so I only trade for

60 to 90 minutes minutes and then move

on with my day and so that's the biggest

thing that's helped me really become way

better at this is having that consistent

routine that you just do every day

trading almost really repetitive and

boring because at the end of the day

that's what makes money trading it's not

here to make you have you know an

adrenaline rush or anything it's here to

make you money and so if you want to

learn the strategy that I've been using

to start to grow an account and you know

start to be taking massive trades like

you can see here check out this video

right here I go into a full step process

on how to start with an account risking

as little as $50 to growing and having a

growth process and steps to increase

your account size and increase your

trading risk size and as well as a

five-step checklist that you really need

to follow to confirm reversals at the

7:00 time and you can't be jumping in to

this timing randomly thinking that it

will reverse because that's just a

really good way to lose your money

consistently