 Portrait Lab and also YouTube. Thanks. Okay. As my audio coming through in the Discord, I'm not getting any responses. Okay. Great. Thank you. All right. Good morning, everyone. Welcome to the Traders Lab. I'm your host, Tom B., streaming live from Costa Rica. And I just want to remind everyone if the internet goes down, which it can for no reason, other than potentially monkeys swinging on a vine or something, that I will do my best to come back. If you're in YouTube and I do lose the link, I might not be able to get back in. You can look for a new link being posted or come to the Bookmap Discord Trader Lab Chat. There's a link in the bottom of YouTube if you want to continue following this stream. And you do not have to be a Bookmap subscriber and Bookmap would not solicit to if you do come to the Trader Lab. Also, there's a lot of additional free information available to everyone if you're interested in what we do here in the Trader Lab. Now, today was pretty interesting and it still is. There's a lot of opportunity and I will be sharing structured trades that are available to all of you in the Discord Trader Lab. And these trades are actually structured in the sense that you can download 60 PDFs of them and follow along. Not only can you follow along with the trades I will be revealing, but you can also anticipate them once you put some time and energy in. Also, if you have questions, please feel free to post them. You guys getting double audio, you are. Oh, that's kind of nice. Look at that stereo. Hold on. Let me just see what's going on here. Tell you what I'm going to do. I'm going to close one of these Discord's down. And now we should not have double audio. Let me know. Is that clear now? There's no double audio in Discord. It's back. What's back? Is it gone now? The double audio? Okay. All right. Look at that. Two for one. All right. Sorry about that, guys. If we need to add another one in Discord, I'll try it again. Okay. Let me try one other thing here. Hold on. I think I know what it might be. Okay. That should do it. Did that solve it, guys? The double audio? Yes, yes, yes, it did. Okay. Great. Thanks so much. Thanks for letting me know about that. Again, welcome to the Trader's Lab. If you have questions, please post them in the chat both in YouTube and the Trader Lab. And, of course, please keep the comments or the questions to specifically what's going on here in the stream so we could be most productive. General disclosure, all book map limited materials, information, and presentations are for educational purposes only, and should not be considered specific investment advice or recommendations. Risk disclosure, trading futures, equities, and digital currencies involve substantial risk of loss, and it's not suitable for all investors. Past performance is not necessarily indicative of future results. And please remember, this is not a trade calling room. This is based on structured trades that are available to everyone in the Discord Trader Lab and as long as well as a library of webinars starting out with a primer overview of this process. This is based on using a high-tier order flow tool like book map and integrating it with auction market theory. That's how the market works and using a tool called the Volume Profile in the intraday-developing timeframe to attempt to get into alignment with context, context being the condition of the market. And, of course, the joy for us as traders is that the context is not static. It is constantly evolving. So the thing about it is to try to develop a process, and to me, process means conditions, conditional statements that help you define the condition of the market and also recognize potential developing change. And the other part about that is the market, since it is not one-dimensional, will change from directional to rotational and either continue its primary direction or reverse and, you know, anything can happen. So if we can accept randomness, and this is really the basis of trading is operating in a random environment, if you can remove the need to be right and the need to predict. And most of us, because of our psychology, we need certainty and we want to avoid risk. And that's all natural to our wiring. And it's really how we've been successful as a species, running from risk, seeing the saber-toothed tiger going the other way. You know, that's all worked out pretty good. And today, the saber-toothed tiger might be stepping in front of a bus, you know, and you jump out of the way. You're not thinking about it. Well, all that wiring is still active. So when you come to trading, you're intentionally stepping in front of risk. You're intentionally seeking certainty. You're seeking approval. Just like when we were children in school, you raise your hand and you wanted to, you know, get that teacher to call on you and maybe hopefully you had the right answer. And when you're really little, and I don't know if they do this anymore, because they might say it's a salt, but when I was a little kid in school, they put a little gold star or something. Anybody every get that might be showing my age, but those are all the things that created approval and the need to be right. Yes, gold star. Thank you. So the thing is, that's part of our socialization, our approval from our parents, our peers, our competition, all these things. So let's say that's all part of our wiring and our experience. Now, I'm only spending a little time on this because I want you to understand, trading is completely counterintuitive to all those experiences and conditioning. So when you step in the trading arena, you're bringing it with you. This is what's going to cause you not to take trades that you should take, to want certainty, to use indicators and overlay indicators on indicators. And the goal, and not even necessarily consciously, is to try to squeeze risk out and create certainty. Now, you might think it's logical to want more winning trades, right? But you've got to get past the surface and think, why do we add more indicators? Why do we look to create more certainty? And it's not just because of P&L. Now, we do measure ourselves with P&L. But the fact is we are most often retail traders are paralyzed by those needs. The casinos are our model of a business model. And the casinos are not paralyzed when a gambler walks out with a suitcase of cash. The casinos play the game exactly the same way. And the only reason they do it is because by having anchored inputs or playing the games or in our business, setups exactly the same way with anchored inputs, not random inputs. They understand they have an edge. They can extract the edge. And they're not attached to the outcome of any one trade, the next trade. And they're not even trading the next trade based on what happened on the last trade, just like the last hand where someone walked out with $100,000 in the casino, they don't change the game because of that. Take that thought, please. Put it into your head. Write it down and reflect upon your behavior. And you've got to sit back and reflect what is really going on, not on the surface in your conscious mind and behavior, but beneath the surface. What is guiding and driving you? Is it intentional behavior or is there something else? And this is what we work on in the Trader Lab. Now, I'm not going to spend a lot of time on statistics because all of this is available to you based on the collective experience of Trader Lab participants and also individual members' contributions in the Trader Lab. It is a team, if you will, and it's individuals leveraging their collective experience. Now, let's go into the open. We had a bullish report. Now, I'm just going to give you a couple of things, some joy, some things you can think about. Now, this is our TH Open. So before the market opens, you know, and I do this the same every time, we have levels. And the auction market theory is based on the levels. Levels of what? Levels of behavior. What creates the auction? It's the interaction of buyers and sellers, and you're going to go, well, that's pretty brilliant, buyers and sellers. Yeah. Well, let's call them participants. The participant interaction, what's the purpose of a market? It's to figure out what something is worth. So what's too high, what's too low? Wonderful. Well, what is too high or too low? Well, I never know. Do you know? Early on when I was learning the trade, and this is starting in 1980, I thought it was prediction. I predict it's going to do this. It's going to do that. Well, after let's say a number of years of headbanging, this is before, what was the headbangers mean? I don't even remember. You know, kind of music I'm talking about. Apparently, I can't remember. But you know, and I kept waking up in the same place. And that was, I was trying to predict. And you know, the problem with randomness is you get a right sometimes. So that makes you think you're on the right course, when in fact, you might be going off a cliff and not even realize it. You know, because randomness is what the casinos live with, and in traders, we live with randomness. So let's go back to these numbers. We had a major report this morning. And that's a 730 central time. This is the location of when the report came out. And it's called Seen the Crime by Some. I think it's a reasonable label, because it's when an event took place, kind of stands out. And I mentioned yesterday it was Morad Asgar who came up with that term. I'm not a huge fan of a crime, but I think the scene of something material that disrupts the auction is worth noting. So I write that down. And I post, I put it in here. These are low volume areas from the ETH. And the ETH is over here. I'm going to see where you see these indentations means that there's less volume here than the, for example, than there is out here. So low volume, high volume, low volume. And what these typically show you are rotations or consolidation. So too high, too low retail. And the job of the markets to figure out what's too high, what's too low retail. And it does it in all timeframes. And I don't think of time, but we can discuss time, but fractals. Because this is not regulated by 15 minutes, 30 minutes, one hour, four seconds. It's regulated by participant behavior. So I don't think of time. I believe me, I did. And, you know, we all do the same thing, five minute, one minute, 15 minute, 30 minute, right? Oh, it's all wonderful. So scene of the crime, low volume area. This is low volume in an intermediate timeframe. So it's the same as these, but higher timeframe. This is called naked volume point of control. This is, I hope I got the right level on here. I always forget some of these. This was, and you guys in the trader lab, maybe you can let me know is, was this an open level? This around 12 and change? I don't remember if it's current or not. The 4834 ish, a naked volume point of control, another retail price. A volume point of control is just high volume. And what it was is a location where high volume takes place. And it's trading and shopping are very similar. The shopping experiences, where's high volume? You go to store. Okay. Thank you. On the 12, five, yes. So this is an open level, which is a potential target. If we come down, this is a target. If we come up, yesterday's high is a target. If we get there, we have also, let me open this up a little bit more, overnight high or ETH high, open value area high. These are all potential targets. Okay. This is a target up above. And this is a target up above. And who knows, right? And another extended target. And I post these in some of them in the morning. And you're in the trader lab, you already know all of this. Now I'm going to give you a couple other pieces and then I'm going to move on. There's the overnight mid, you know what, I'm not going to do this. I apologize because I'd want to get into the trades. So here's what I'm going to do. If I get to something meaningful, I'll pause for a moment. Now, so what are we doing? We are opening inside of yesterday's range. Here's our open, right near the ETH high and yesterday's high. So, and this is our potential target going up. So potentially underline, I'm going to be looking because of the nature of opening out of value, which means where most of the volume took place yesterday in the RTH. And you remember what happened yesterday. We're on the short side in the morning. It was very nice. Mark had turned around and then it reversed and then it came all the way back up. So that part of it went outside of the plan for staying on the short side. So once some of those locations got violated, then it was either get long or stand aside or go to the gym, subject to your plan. So, which is fine. That's trading, right? So, and today we're going to see similar behaviors, except today we might have had a better opportunity to trade from both sides. Now, I want to point this out to you, this liquidity sitting here, this. This is called resting liquidity. It has meaning to me. And Bruce at Bookmap does streams 9 a.m. central time, Monday, Tuesday and Friday. And he focuses on order flow. I suggest if you are interested in how to use a high tier tool like Bookmap, he can give you further insight on the nuance. Because the fact that algorithmic behavior takes place here, it's not material. It's part of it. But his material is resting liquidity, the behavior, if price and liquidity meet, if it stays in the book, and then what happens afterwards. These are part of the nuances that you can learn with a high tier tool like Bookmap and to all part of the mix. But like I always say, this is a priority of inputs. So, I considered the auction and volume profile. What I do is I consider them a chassis. Everything is built on. And then you get a tool like Bookmap. And I call it the tip of the spear. And I cover all this in the primer webinar. And I always like to say, because I'm surprised I haven't looked at it in a while. It's got about 27,000 views. And it's free if you guys are interested. It talks about this process. It talks about the business of trading. And if you want to be a career trader, in my opinion, you've got to understand the business you're in. The business you're in is not a video game. Now, if you want to play a video game with dollars, then, you know, that's okay. They've got those in casinos also. They're called slot machines, and they'll give you cocktails. I figure you should go for the cocktail and the ticket to the buffet. But if you want to be in the business of trading, I'm going to suggest it's probably not what you think it is. Just an opinion, and everybody is different. So, this is the RTH Open. There it is. I'm opening at the high side of yesterday's range. This is my target, and I'm looking for a long. And again, I'm clueless. And I say, I use the term clueless, not to depreciate myself. I want to, you know, but it's to keep my mind open. Because if I have an opinion, and this used to happen, you know, when I was predicting early on in my trading career, I'd have an opinion. And unfortunately, that would shut off everything else from coming in. Because my mind would filter what else was coming into the, say, in the mind, because I'm looking to be right based on an opinion. So, I would only see the things that supported, you know, my bias. And that bias, you know, might be right, and or might be wrong, but I wouldn't see the change. So, I really limited my opportunity and increase my risk. Again, past performance, not indicative future results. So, let's look at the first trade. Now, these are based on trader lab structured trades, past performance, not indicative future results. What that really means is you've got to vet these for yourself. Now, in the trader lab, of course, this is kind of what we do, right? It is what we do. But each individual trader finds their own rhythm, their own time frame, and does their own thing. So, this is the chart volume profile. It's just going to show me the volume starting from what's on the chart from here, which is RTH open. This is the session volume profile. It's going to just show me all the volume as it comes in. Overnight high, RTH open, yesterday's high. Okay. So, this is our first target and then the naked volume point of control. So, let's look at the first structure trade. Now, who knows, right? So, open. So, I'm looking to see who takes control. Now, there's a couple possibilities, like everything in trading. What are they? Market can open. You can get what's called responsive selling. They're worth profit taking. And then either we go south of the border, everybody sells and runs for the exit, or you get the buying. Well, given we're open, we are looking for the first indication of a buyer. So, let's look. So, right here, I see RTH open. I see two-sided trade right here. So, up, down. This is called an open auction. Now, we're in here about 10 seconds. Okay. So, this is speedy. And this is not something I recommend for developing traders. This takes time. Time to recognize and develop something called unconscious competence. So, I'm going to show you structured trades. But in the trader lab, I suggest the fact that this is a structured trade, if you can't react to it, it's not going to fit risk-reward parameters. But you need to study it and do replays. And why would you do a replay? Well, develop confidence, develop metrics. So, let's look at the structured trade. Now, here's the other thing to think about. And I always mention this, but you have to write this down if you haven't thought about it, even if you're in the trader lab, because there's so many things to think about. Where's the opening swing high? Where's the opening swing low? And I've actually, in the trader lab, there's specifically context, I don't want to call them cheat sheets, but conditional statements that help you understand the condition of the market. And then I've shared structures that help you see where the behavior might recognize the behavior. So, if you have an open auction, the market go up, it can come down and take out the low, clean the stops, and then a directional move can happen. All of these are in the trader lab, and it's just based on the open. A lot of energy goes into the open. And the reason is the first hour of trade is often where some of the best opportunities come in. And the ability to react quickly off the open can help you get positioned. And, of course, help you get, you know, make your donation to the Floor Traders Retirement Fund when you get stopped out. It's just part of trading. So, let's look at the first trade. So, bing, bing, buyers take control of the ball. This yellow line's developing volume point of control. And it shifts higher. What this says, based on auction principles, is I define them, and this is just something I've developed over many years of doing this, I observe these things. I'm going, what does that mean? Well, if you're in the store, and you could buy at S&P down here, and now there's more buying up here, that means the sellers are not selling S&Ps here anymore. They have raised the price. By the way, who controls the price in the market? It's not the buyers. It's the sellers, I know, counterintuitive. And if the buyers want S&Ps, they have to pay up for it. And if you're a seller, and you see demand, and that your limits you're selling is being absorbed by the buyers, you'll keep raising your price, right? And if the buyers think they want S&Ps, and they can't buy it here anymore, and for some reason, if they can't buy it here, this potentially can keep moving and price will be moving with volume. It's the same ones when you go to store and shop. They raise the price you want to can a tuna. It was $1 here, now it's $1.15, you want tuna, you're still going to pay, you're going to pay $1.15. Unless of course you say, I'm not paying that, and then you don't have to buy tuna, but if you want your tuna, you're going to pay the retail price. So right here, this is saying this is potentially underlying too low. That's why I label it. I call it a variable high volume node. So this is right here, VPOC migration. This is too low. This is potential long in the trader lab. The stop would go possible. Who places potentially under here or under the swing low? And why would you think about the swing low? Because there's going to be stops there. So you have to decide here, long here, long here, long here, stop here, stop under here. And that's subject to trade plan. What do we do? Come down here. What do we do? Do we pick it? That's a stop pick. Let's watch. Buyers come back for it. Now we're going to watch. Let's watch. So in here are longs. This was too low. So the way to do this is you're long here. It comes back here. You're taking a long here. Stops we know are under this swing. It has to fit your risk-reward parameters. So this subject to your experience level in the trader lab would be as long. And their stop should be under here. If that fits your risk parameters. Now it looks like it's a big move, right? It's only a couple of points. And now, where are we going? Here and this is just one trade, by the way, in here. And what's the other thing? Right here is liquidity. We're going to watch that. And it's something I don't normally get into, but I thought today, I pointed it out and posted it in the trader lab. So notice here, we shift up. So what does this say? Too low? Too low? Let's label this. This is a very slow process. Not when we're trading, but when I'm sharing and helping you guys understand auction market theory. Shopping. You never probably thought trading was shopping, did you? Well, it is, in my opinion. Next target. Looking good, Lewis. Hold on. Now, V-POC migration. So let's label this. Too low. You'll see why. Now we have higher targets, right? I was going to share something a little different with you here. This 34, this level here, I think it was 34. Let me just see where it is here. It's a little different in my map. This level, it's this area, 33, 34, and I labeled it. So too low retail. It was here. So now this is a variable high volume node. And it looks like we're heading higher. Okay? So all is good. And we have targets above. So as far as I know, because I know I don't know and I can't predict anything, this is the outside area. If I clear this, we can accelerate. This is a low volume area in a higher time frame. Think of it like would be a breakout of a consolidation. And this is the outside edge. So I'm thinking, yeah, where we go? Off to the races, right? Why would I think something different? Because until it breaks, it's not broken. So here too low, VPAC migration. So now let's look. VPAC migration, all is looking good for the continuation. Now I'm going to label it. I'm following a consistent process. So anyway, those are our longs and you'd have a scale and you'd be trailing or you'd do whatever your plan dictates here. And here's where this liquidity was. I think this is the area though, right? It was 3334. I might have mislabeled it. I don't remember. But this is where things, so we're going up, up. So what it's saying is more volume, more acceptance, more volume, more acceptance, more volume. And you see the buyers looking good, Lewis. Now there's a little bit more going on in here. Cell icebergs, 3,500 cell icebergs. So and that's happening here, right around our liquidity. Okay. So what happens is with liquidity, we went into it, we absorbed it. But what is liquidity? Well, it's resting orders, 843 icebergs, 457 cell icebergs, 996, 3,500. There's a lot of heavy selling. So this is how Bookmap is giving us some insight. So right here. So I know this liquidity was resting here. So I'm labeled this and I look at it as support because if the buyers could take this out and we pull back here and test it, which is why I labeled it. I think it's just a hair off a little bit. We're off outside of yesterday's range. Yesterday's high. Then I'm looking for the continuation. Everything's saying gone up. Have a great time. Get the champagne out. Now, all of a sudden, this. So look at all this iceberg sign. I'm just pointing this out to you. Now, I don't know when I see this selling, what's going to happen? Have not been granted that kind of vision yet. Magic 8 Ball doesn't answer when I say, is it going to go down or should I stay long? It says ask again. One second, guys. I'm in Costa Rica. There's a large insect here. It's making noise when it walks. Thank you. Now there's one less. They won't miss them down here. So right here, we see a seller 34. This area, this liquidity is support. Let me show it to you. Break high, hold. Break high, break high, hold back, hold. If you look in the PDFs that are free to all of you guys to download, I have structured trades that are built around this. This in and of itself becomes a support area. It could be used for trade management. I usually give it a little room. It also could be an area to get long again in alignment with this. Subject 2, if you thought the market might go higher and there's no reason to think of this point of wooden, V-POC migration. I'm showing something new here in the trader lab just sharing and it's not a recommendation. It's one of those things that has to be vetted. It's not like a primary input. It's tertiary. I'm going to show you so you can kind of see what this looks like at the time. I'm just going to show you. Here's a distribution. A distribution is rotation, right? High volume retail. That's where the yellow line is. When we break away from it, we leave this. This is a consolidation and we start a new consolidation here. Too low, too high. Remember, rotation. High volume. Now, this is low volume and why is it low? We didn't spend time there. We ran away from this balance area or consolidation. Off you go. Now we have this and it's right at yesterday's high. It's low volume, which means we're rejecting this at the moment and we have this in alignment. This is a potential long here. Just saying. Anyway, I wanted to share that with you and notice what it does. Support. Is everybody tracking? Can you see this? It's kind of a little something different I wanted to share. Just kind of keep you from hitting your head on the keyboard. Are you guys tracking? So right now, everything's looking good for the north, north of the border. Okay, so let's come back. So 34, this is actually here. This is our area. This is our low volume node. As long as we're up above here, looking good, Lewis. VPOC migration, everything says it's the sun is shining on the lungs. Then watch. We pull back to VWAP and mid right here. Now let's look very carefully. This is retail. This was too low. This was too low. We break below this. We break below this. Now remember what was support, right? This and I think wherever it was, right? Here. So right here we break below. Now this sets up a potential long out here in alignment with the low volume node. Yes, test of yesterday's high right here. Take the stops at the mid and this sets up a structured trade in the trader lab called the VWAP or mid VPOC. So the trade is from here to there. Now let me show you one other piece, this. We have to get above this. So let's look at what this says. Let's speak market. Retail. Looking good, Lewis. Where's our support here? What is this? Last retail price that was too low. Support resistance. It's the way I've kind of mentally think of this in the sense of a shopping experience. Did you ever think you'd be going shopping when you went into trading? So this right here was too low. And I'm going to replace this. I remember we also have support right around here too. So we're going to let's just pretend this as VHVN. I don't want to take the time. So we break below. I get along and I didn't need the following things. I need to clear this and I'm looking for it to go here. That's the trade and then continue because at this moment right here is our outside edge of this consolidation. What's it outside edges stops? And if this, and remember when you have a consolidation, you've got shorts up here, sellers, so buy stops here and what's on the other side of a consolidation sell stops. So if we come outside, it's very possible to pop these guys on the outside edge and then come back to the mean. That's what's called mean reversion. Is everybody following? How are we doing in YouTube? So right here along and you would not get to achieve your scale if you're going for this and looking for the continuation. Right here when we fall out of this and come back inside the range, it is time to, as they say, put the helmet on and head for the exit. So let's watch now. Now here's the indication that there's trouble in River City here and you don't know until hindsight. So now you see your seller. Now you see that you've fallen out. Now you see you're inside yesterday's range. Everything changes. So let's watch. So now I know this is too high. Wouldn't have been nice to know sooner, but you know, this is the joy. This was too low. So too low because remember, right? This now is too high. Great in hindsight. Here's my break. And here's what's key. This we took this out and we're inside the range. This changes it. Seller pullback. Where do I pull back here? So what do I know? Too high, too high, too high. Seller, I need to regain this. So let's look. Also, what's the condition of the market? Everybody is long. Break, micro volume structure. Let me take you to Fractal World. And by the way, fractals are micro structures of these structures. Like this is all the volume in this consolidation, which is basically this whole thing. That's what we're looking at. If you look at the profile on all the way to the right, it's the volume from here down to there. And that's a consolidation. Too high, too low, too high, too low. Inside of this consolidation, and I'm taking you down, think Russian doll is volume. You can see it right where that white line is. I'm now isolating this. I see my seller. So now, what do I know? This is too high. I fell out. You see the urgency. There's my seller. That's what creates this low volume. I've rejected this. I get my seller. I now consolidate again. I get my seller again. Look at this little box right here. That's consolidation. Seller. There's volume in here. Look to the high volume note. Let me get this thing down here. Come over here. Come on. I'm using a trackball. Sometimes it's me. There's the high volume. Seller, too high. This is a short in a trader lab. You'd be short now. It turns everything around. Let's look. Where's our targets now? This, the overnight mid, and this are the next target. I'm going to just throw a stat at 72% probability we're going to get there. Past performance, not indicative future results, overnight mid, plus this. I think 70% probability, right? If I'm thinking correctly, which is hard to say. Then we have this out here, which is a micro composite low volume note. Now, there's more. You'd be on the short side, and there's more. Let's just keep going. Now, I narrated some of the, I don't remember, but I'm active in the trader lab, obviously, and I narrate these or give levels. I don't call trades. If you guys are in trade calling room, you're missing the point. You might as well just give your dollars to an advisor and let the tips fall where they may. You're not a trader, then. You're just a hobbyist, and you're doing it through the adrenaline. If you want to be in the business of trading, you need to be able to figure this out in the sense of have a business plan and have a process. This is just an opinion, but the trader lab is about becoming a career trader. I'm going to tell you, if you want to become a specialist, you want to be a high performer in a competitive environment, nobody's going to give you the keys to the kingdom. I can't give you the keys to the kingdom. I can show you what I think you can build on and give you 60 PDFs of structured trades that you can reverse engineer. Then you just fit the pieces in that align with your psychology. Anyway, so you have a short. This is your target. Notice where it comes. Now, these are all on the map, the trade map, before the market gets there. Why would the market come here? Because it was a retail price and the market works in fractals. You see? So this is a target here. And then we have overnight med. That's all fine. So, but I trade volume, the volume. So what I'm showing you guys is, and I'm going to show this is another structure trade. When I'm using micro structure like here, I'm looking at this volume. Think Russian dolls. On top of that volume, and think support resistance, this was too low. Just like your support resistance, what was too low, if we fall back to it, it can either be support again or resistance. Well, considering where we opened, you know, and we took out yesterday's high and we've fallen back in the range, that is a story. And the story is we got too high. Do we know? No. Until we know. But we certainly, I'm not hearing anything verbal going off, actually. Hold on. So we pull back here. So you got the short. I got a little distracted by the question. I wasn't sure what I had to do with the stream, really. So it was about verbal. Maybe you guys are hearing some audio leaking through. I don't know. Apologize if it's distracting. So this is a pullback. So this is the mid. This is the V1. The high volume is sitting above us at the time. So if we pull back, and don't forget I have this, which I already tested. So this right here, oh, there's one other thing. We have a structured trade that's going to set up here. Let me tell you what it is. At 9 o'clock, and this is thanks to Rod, one of our TraderLab participants, he shared some stats with us that are very interesting. There is approximately an 86% probability, past performance, not indicative future results, you need to vet on anything you hear from anybody for yourself. That we will take out either the first hours high or low. Considering we're doing the Alcapocco cliff dive, the first half hours high or low is right here. So that's established at 9 a.m. So basically here. So, and we take it out here. Then, based on, I'm going to give you another stat, and please be patient because I got so many statistics, and this is available to you guys to vet for yourself in the TraderLab. Here, let's take a look. So after the, I below 30, there's a 66% probability that the first hours high called the IB, this, the first hour. So let's go back. So, 9 o'clock here, if we take out this 9 a.m. stat, which is approximately, I think it's about 85, 86% probability, which we just did, then there's about a 66% probability, we're going to take out the first half hour or first hours low, and the first hours low is going to be here. So when we pull back, I know statistically I have a high probability, and I think anything over 50-50, you know, the more the merrier, right? But we're looking at, let me go back to it, a 66% probability of taking this out. So I'm going to get short for that statistic. Sorry for the long explanation, but how do you get an edge in this business, right? So this is a short from here, and I'm looking for it. Now 930 is the IB, our initial balance. I'm running a 66% probability of going from here to take this out, which I don't know where it is yet until 930. So let's just look at it. Sorry, let me zoom back out here. 920, oh, there's more. Now this is too high, right? Let's go back into something else here. Remember structured trades, right? We have another structured trade in the traderlet. Remember it's called VPOC migration. Let's look at this one. Now I'm running at 930, wherever the low is, at 930 is called the initial balance, and that's right there, except we didn't know until 930. Here's the initial balance low. I'm running a 66% probability that I'm going to take this out sometime during the RTH, who knows when, and sometime after 930. So if I get a structured trade set up, I'm already short from here, I'm scaled, I'm hanging out, I'm working on my crochet, and I'm cruising for this statistic and I have another target here, which is on the map from the ETH this morning. This is a trader lab structured short. So you have short going for this 66% probability, I think it was, I can't remember. And this is a short in the trader lab, and I'm going to show you the micro structure, high volume, micro high volume, there's your seller, this is too high, there's your volume, this drops down. I used to call this the anvil, back when I was developing these ideas, because I would be long and this would drop on me and then I get splattered and I go, oh, that's interesting. What does that mean? That's how you figure out things, because you're going, I see this happen and when I'm long and this happens, usually bad things happen to my trade. So it was part of, that's part of research and digging in and going why. So micro structure, same process, fractal, too high, seller. This now is too high. I come back and test it. So right there, I'm leaning on that volume and this dropping down is a fractal of that or a higher timeframe in a developing timeframe. This is micro, this is developing, seller, drop, short, short. Who where? 66% probability at 930. Here's 930. So this is locked in. So this is locks in my 66% probability. There's my target. Is everybody tracking so far? Okay, we doing all right. How we doing in YouTube? And guys, if you're in YouTube, if you have questions, please post them. If you're posting your trades that you might post it in somewhere else, maybe at the moment, because there's questions they stream. They roll off and I can't see any question. And thanks, by the way, for visiting YouTube. If you're new here, appreciate it. And by the way, just as a reminder, there's 60 PDFs of these structured trades that I'm sharing with you here in the stream that you can download it from the Trader Lab, plus a library of webinars that you can look at some up to four hours long of real-time narration. Right now, I can only go over the structured trades that you have, that most of you, if you downloaded them, you know what's going on here. If you haven't seen this before, it's going to probably look rather strange, right? By the way, this was our next target and 48.02 here. And coincidentally, and I'm going to say absolutely coincidentally, it's current low of the day. No clue, not my job. So that's our next target. So now, and I haven't seen any of this, so I don't know, let's go take a look and see what's going on. Maybe we'll just cut to the chase. All right, this, but right here, I did narrate this one. This return to this volume sets up a short. And I did point this one out in the Trader Lab, I think I did. You guys can correct me if I'm wrong, because I can't remember anything. I'm not a good multi-tasker. This is a structured trade. Now, it's a bit aggressive, but what about that? What do you know? Who knows? So this, now let me show you the next structured trades. And I don't know what happened here. This one, I do know what happened. This right here is a short and it's a bit aggressive. I'm going to share something else with you guys. Just add a little spice into the cake. Anyway, so this is a short. Let me show you a microstructure and let me take you back to Fractals. Remember what Fractals are. They're Russian dolls, developing timeframe, micro. This volume in here is the same as that, except this is in a micro structure. This is in a developing higher time frame. And let me show you the similarity. Here's your volume. There's your seller. Here's your return to test the volume. There's your short. Okay, so you know. So in other words, short is here. Stop would be above here or here. There you go. Now, but here's the other piece. This high volume is that high volume. So when it comes back here, it's the same as this coming back here. Does that make sense? So this is a short. Now, let me explain it to you. So your entry is here. This is a fractal of this. So this short is the same as that short against there. I just want to make a point. This is how you can narrate the market. And I do it in a sense of a, if this, sorry, if this, then that, if not, then what? If this is too high, if this, then that, or this here, if this is too high, then that. If it's not, then what? Then the opposite. Now, we have a couple, let me give you some more trades before they happen. So I don't know. But this is one. So this is short. You know, you'd be scaled. And the job in the trader lab, and I always say job number one is to get risk neutral. In other words, buy the stop on your runner or runner subject to your plan and vetting and your edge. You know, this is all the business. The business is, remember, this is the casino business, not the prediction business. What do casinos do? They operate in a random environment. They have no control over the cards coming out of the deck or the gamblers play. And they got nothing going on. What they have is only playing games that have a statistical edge. And they play them exactly the same way. So that's what we're doing. This is what trading is. May not be what you think it is. And it's okay if you believe it's something different. It doesn't matter. Your beliefs are okay. But if you don't, if you're in a random environment and you're applying random tweaked, curve fitted inputs in a random environment, you're going to have the same results to gamblers do. You're going to get winners and losers. They do. That's why they come back to the table. Why wouldn't the casino do the same thing? Because they have an edge. They only play anchored inputs, which means they don't change anything. If somebody walks out with cash, they play the game. The next hand is played exactly the same way. The only way they extract the dollars from the gamblers is not doing what the gamblers do. Are you doing what retail gamblers do? Or are you behaving like the house, like the casino? Casinos only play games that have a structured basis to them and have a statistical edge. In the trader lab, our goal is to only take structured trades that are anchored that have a statistical edge. And it's a matter of then what side of the financial table do you want to sit on? And of course, past performance is not indicative of future results. So short, scale, stop is here. Next trade would be out here. And let me show you a little something a little further. Maybe out here. Remember what we have, distributions. The outside edge is up here, down here. So let's watch. Now, when we come back inside this, the initial balance, it sets up a couple of things. It's a mean reversion trade. Mean reversion. And I always like to joke about it. And I don't know, maybe it's just part of doing this for almost 44 years. Mean, it is mean. Because you're trying to pick an outside edge. And that's what makes mean reversion very difficult. Where's the outside edge? Is this now coming back to the mean, this is the mean, means, means either we're going to bounce off it. It's too expensive and come back down here. Or we're going to check and maybe blow through and come to the other side and then rotate. That's the possibilities. So let's see what it does. So this is a short, got a scale, stop is here. If we get taken out, then we're going to look out in here some place. So let's look. Notice what happens here. What does this look like? What did this look like? What does this look like? Let's just look. Just looking. Just looking. Up here. Let's watch. Too high, thing, thing, thing. Short. Taken out. What do we got here? Chop, chop. Break. Volume is here. Break. Short is here. That's a short in the trade-all lab. Now, whether or not you take them, who knows, right? Now, let's come back to the other side. Is everybody tracking on this? This is a short. This is a short in the trade-all lab. Is everybody with me? This short is the same as this. How are we doing there in YouTube? Are you guys tracking? Can you see these are structured trades. Now, what happens on a structured trade? What's the outcome? Write this down, guys. It's random. In the casinos, when they deal the cards, do they know the outcome of the next hand? How about no? And here's another question, and a colleague of mine, Moby, he's in Perth, Australia. He does a stream, I think it's Wednesdays and Fridays morning, because it's ETH. So it's 7A Central Time, and I encourage you guys to check out Moby's stream. It's in YouTube, and it's also in the Moby ETH channel. So, he's around for these reports, and 730 Central is a big report. What was interesting about what Moby was talking about this morning was not only order flow, but the scene of the crime. And he also talked about the psychology, and this is something I spend a lot of time on, a psychology, because you need to understand the things that drive you to behave the way you do, and why it actually is going to be the biggest challenge, I think, of anyone who wants to have a career in this business. I believe, and it's just personal belief, and it might vary for you, I can teach anybody how to trade. Whether they will do it, can do it, choose to do it, and have what it takes to go through the learning curve is an individual phenomena. No, I didn't say anyone can trade, but everybody, I think, can learn how to trade. The variables, there's a lot of variables, and most of them are actually psychological. How about this, you take a trade, and you take a stop, happens to all of us, right? Do you think the casino is thinking about last hand when they're actually getting in position to deal the next round of cards? We are attached to the last outcome. Gee, I took a loss. I'm not going to be real careful on the next trade. That doesn't belong in trading, yet our emotions dictate our responses, and it seems so obvious, does it? How can we be detached if you just drop X amount of dollars on a trade idea, and then the setup fires again in the next two minutes, and you know you have a statistical edge, but your fear keeps you from doing it. Those are pieces, and it's only one of so many that will take you out of this business. How do we manage how we feel? That's part of what we work on in the trader lab, among many other things. Let's talk about this short. Short, scale, out. Chop, chop. What's our next trade? Let's go. Here, but this trade is the same trade. It just took some stops, and look at the order book. Thickens up. This is another piece of order flow. You see how it's pressing, pressing, breaking, back to the volume, past, and by the way, there's another piece here. Let me see if I can show it to you. I'm going to try something here, hopefully not make big trouble. I mean, just bear with, I'm trying to get something together here to give you a little something to chew on. Now, you guys know I'm not a fan of indicators, and the reason is I think traders confuse what indicators might be used for, where they fit and where they don't. And most of us grow up on indicators, and you think it's a plug and play business. I did, and I ended up with trading systems. I took it to the nth degree and spent years designing trading systems, optimization, walk forward testing. I could spend a long time, and if you follow the primer webinar, you'll learn a little bit about my background. I was trading before we had computers or an internet. So that's not a bad badge of honor, it's a badge of abuse. So here's the thing. I know I have a trade here, and I know I have this trade here. What I don't know is, like everybody else, what's going to happen? I'm just going to show you something here. This is delta. I'm not a fan of indicators, but I want to show you something. This is the market pulse, and I'm only mentioning this because you might find it interesting. I am researching this. I am very slow to put anything on, and I discourage traders from putting anything on unless they understand market mechanics. We gravitate to plug and play. It's our nature to want something to define plug and play. Here's a toolbox, plug it in. It tells us what to do, red light, green light. We all want that. It's our nature. But if we don't understand market mechanics, then these things, these tools, any tool, any indicator is useless. To me, moving average is useless. You're going to say, why? I use a moving average. How about I used a moving average? I used everything. I had the kitchen sink glued in there, and some more, and oscillators, and everything, everything, and whatever you thought of, I've probably done it. And if I haven't, it's only because I found something better. But when you spend almost 44 years trading, you get to try a lot of stuff out and do a lot of research. When you're in a random environment, a lot of things look promising. They're absolutely random. So random times random equals garbage. And, you know, remember, garbage and garbage out. So what does this say? Longs are in this leg. This is reflected in delta. Buyers are up here. This is volume imbalance, volume, volume pressure imbalance, this. So I'm looking at CVD, chart volume delta. So I'm really just looking at this leg. And in this leg, and this is delta also, the green bubbles are aggressors. Now what makes for aggressors? Well, buyers, yes. And who else are buyers? Buy stops. So that creates your buy delta. So what I see here is, I now have longs. I'm just trying to isolate a leg for you. So if the market is short, the shorts get squeezed. Now the longs are in this leg. If the longs get off side, then we have these buyers and buy stops, and we have sell stops trailing up. And if I run out of momentum, and here's what I have, buy delta, and the fuel for the market to go down is to take the buyers out. The volume pressure gives me divergence. Okay. And this sets up a potential short. So this can be used at locations. It's not a buy sell indicator. It may help support. And I have not spoken about this before. There's a lot of, and it's like everything else. You really need to see where it fits. And I have to caution with a big asterisk. If you disregard everything and you start thinking sell, buy, you're going to have a substantial problem in my opinion. Now let's look further. I come back here. Market is still right now. You notice how this changes. So you really need to understand what you're looking at. It is not mechanical. And you really got to understand what's going on here. So let me just move this forward a little bit. I did not intend to spend time on this, but I thought you might find it interesting. And I don't use this in my trade. But I look at it and I think about it. Because I'm very slow to add and very quick to remove because anything, any input I put in, and here's something I want you guys to think about, anytime you add something, you are creating potential conflict. I'm a minimalist. I'm not saying you need to be one or even should be one. But if you think about decision making, if you have a matrix of inputs for decision making, and most of us in the retail space think more is better because with more, there's more certainty. But in reality, with more, there's more conflict and ambiguity, which paralysis through analysis. The casinos are very simple. Blackjack, it's the same number of cards. Bill shuffles the deck the same way. What is different? Nothing. That's how I look at this because I did everything you guys have done. I had more time to do it. Would you guys spend months or years? I spent more years. I can't tell you how many times I thought I got it now. And all I got was randomness because it took time for in a random environment to prove that something didn't work, even with statistics in system design. This is trading systems. And I was a swing trader. I was not a day trader. We didn't have it back in the day. You wanted a day trader. You were on the floor. So all my buddies were floor traders. I was an anomaly. We didn't have off-floor traders. And my goal back in the day was to earn enough to buy a membership. But instead, what happened to me was I ended up getting into this and figuring out that if I wanted to be a professional in the business, I needed to figure out how to trade and become a money manager, which I did, and a fund manager, that's kind of where I ended up going. And I ended up in the business by accident. I had nothing to do with wanting to be a trader. It had to do with hedging, interest rate risk, different story, other time, not relevant. So here, let's look. Now, we know the market's long. Now, this delta is showing short. So you've got to understand delta. And I'm not going into it. But up here, see, this is the buy delta. So up here are the buyers. Up here, and ignore the red line, it's showing me overbought. And I'm seeing the pressure in the book is extreme. And my delta, which is right there, is showing me buyers. So trap buyers, the trap buyers up here. And don't forget, it's a combination of longs with sell stops underneath. You got to think fuel. If this is too high, and don't forget, I've got my selling, you know, right? And then here, I have a higher high location. Divergence, you remember Divergence 101, and maybe a short, right? Let's look again. I come up here. Get a higher high. There's my divergence. My longs are still here. Here's my delta. There's my short. That's why, you know, if you're mechanical, you're going to have a pain. So for me, it isn't. But if I understand, and let me share kind of the point I want to make, in the trader lab, we talk about priority of inputs. This volume profile, which is showing participant behavior, in other words, volume and price shopping, is the priority or the chassis that everything is built on top of. So this is the priority. Something like this is the last thing. And if it wasn't here, it doesn't change anything I've done for many, many, many years. In other words, this is not, it's not necessary to me at all. Because before this happens, I already know where my next trade is. I can see the behavior without this. However, it's a piece. And here's the other part. If you're not a successful profitable trader without any indicators, you then do not understand market mechanics. It's an opinion. Okay. If you understand market mechanics, then you have the opportunity to build on top of it. It's like, what comes first, the chicken or the egg? J-Y-F, I'm not discussing market pulse. I'm showing you really behavior. This is really about auction market theory. You could get the, there's a lot of information on market pulse, J-Y, and I appreciate the question. But you really have to kind of look at it. Training period, now you get into indicators and curve fitting and all this kind of stuff. To me, it's just very much tertiary. But in my opinion, you cannot trade with this. Because now they're not buy-sell indicators at all. And you really got to understand delta and behavior and trap traders. So you really, in my opinion, I mean for everybody, you need to understand why. This, if you don't know why what this is, and I don't mean you specifically. I mean anybody. What's going on in an indicator? That's what you need to understand. And if you go to knowledgebasebookmap.com, there's examples of market pulse, its behavior, and you can read all about the algorithms that are in it. And there's a number of other algos that are in this. Again, for me, if it didn't have it, I don't need it. I don't use indicators. But I wanted to share this today. Because what comes first is the behavior of the participants, structure trades or setups that have an edge. So this trade exists without this. That's my point. So to maximize any tools, I think you need to know what's behind it. And most retail traders, and again not about you, I'm just saying in general, put the indicators before the horse. Didn't you guys ever hear the term cart before the horse? Well, indicator before the horse. The horse is the market, the market mechanics. The indicator is really tertiary and really, for me, I trade without indicators because I don't need them. Why, by the way, why would I do that? What is an indicator? It's a backwards looking reflection of market mechanics. It's a lagging output that is not sensitive to the condition of the market. I know I want to be short. Well, what is an indicator now? Does it say, should I be getting long here? Should I be getting long here because it's oversold? What should I be doing here? Where should I be getting short? Should it be there? I'm just making a point. Maybe not a good one. There, there. Oh, there's a short. What about this? There's a short. No. The thing about it is that indicators and most retail traders use indicators and they don't know. They come out of, you know, and they buy a toolbox. It's got 50 to 100. I always ask why? Why are there 50 or 100? Wouldn't five or six be okay? Then it's multiple time frames. Then it's optimizations. Then it's best fit, going back, re-tweaking, re-jiggering. I call that trader groundhog day. If you keep waking up doing the same thing in a random environment, and here's the catch of the whole thing. When you're in a random environment, things work. The problem is, it's no different than the gamblers getting a random outcome and they tweak and change and do whatever. Let's go see what's going on here, by the way. So this is a short, by the way, back to here, and then trade management. So short to there. That's this trade and then trade management, you know, whatever. So let's come back. What's going on? Oh, big consolidation. So let's look. I think we have another trade right here. Oh, yeah, yeah, we do. This out here, let's come back and look at this. So down here, target, oh, this is still our next target right there. So senior crime, this is our target. So this is really pretty much the target for the whole enchilada. So now we have V epoch migration. Let's label this too high. Now this right here, if we move this way, then the potential is to squeeze these shorts. Not a recommendation. Watch the behavior. This is not a, remember, I don't call trades because I'm going to use the term that I know you all love. I'm as clueless as everybody else. Why? It's random and I can't predict anything. And if anybody tells you they've got the secret sauce or the thing that the one thing you need, I would suggest you not let that into your head because there's been snake oil is being sold since they first found snakes. So that's all I can say. Are there any questions, by the way? I've got about 10 minutes left. And by the way, I will not be streaming on Monday. We have a national holiday on Monday, Martin Luther King's birthday. So markets will be closed. So there will be no stream. And I know you're all going to miss me. By the way, this stream is available exclusively the book map discord trade lab participants over the weekend and through Monday to reverse engineer screenshots, replays, circles, arrows. This is what it takes. Continual research, self reflection, a business plan. How are you going to get better? Or are you just going to come back tomorrow and do the same thing? By the way, this is a structured trade right here. I mean, it's not, but it can be. Let me show it to you. And this is advanced trader lab concept here. Let me show you. What was this? Does anybody remember what this is? Somebody helped me from trader lab. What was this? 4812 half ish. What was it? Previous volume point of control. Previous retail price. Oh, yesterday's close. KC, very nice. So this was retail yesterday. Let's think of a concept in fractals. This is retail. Inside of this micro structure is retail. I'm talking fractals. We break here. Watch. So we come up from above. I'm going to make it nutty. This was retail yesterday. So I break below it. All right. Thank you. Come back above it. Support. Don't know. Clueless. Too high. Retail today. Short. Back below. Come back to the IB. This is a structured trade in the trader lab. Forgot all about it. IB continuation trade. It's a short. Not important. Back to here. Come back up. This was support. Old concept. You guys have heard of this one. Support becomes resistance. Where's it located? There. Let's look at the structure. Watch. Micro high volume. Here. Seller. Wow. I guess I missed it. Where does it come back? Here. Where does it come back? Here. Is that a short? Maybe. Are you guys tracking? It's just one trade. Chop, chop. Break high. Break low. Seller. Test. Short. And this is advanced. Not a recommendation. Then what? This is too high. What happens here? VPOC migration. What did it just say? It has to push here. If it pushes there, they're going to squeeze this out. That's all I can tell you on this. Trade would be over. Right here. If you took a short here, you'd get risk neutral. This drops down. It's either going to push off or push off. Trade is done. That would be a little, that's for your sack of White Castle burgers. Which if you are still doing those, you should talk to me because you don't want to. This is our target on the outside. Does everybody track in any questions? Can you see some logic to this? What was that question? If I see any trade from the news to market open? I can't say yet. Because I didn't get involved. Yesterday we had like about a 10 or 20 point trade. Yesterday off the report into the RTH open. But I didn't have it. I didn't take any trades. So I can't talk about them. But the thing about it is the ATH is the last auction. So it does set up. Now watch this here. This is a trade back to here. Let's look at the logic. And I don't call trade. But let's look at this thing. So we had the short here to here. VPOC migration. It either pushes off but we did hit our target to the downside. So who knows? But I don't predict anything. As soon as this is too low, then it puts this on the table. So this is the following. Exit the short or get long to here. And this is straighter lab. Now whether or not and there's another piece. This from here is the IB. And this sets up a main reversion back here. And because we hit our downside targets, I mean the day might be basically done. But this is the next. And why would we come back here? This was too high. This is too low. Stops are at VWAP and mid and resting liquidity. So this is our target going up. Any final last questions? I've got about five minutes and I want to invite you all to visit the trade lab. If you're in YouTube, there's a link in the bottom. And to bring you over to the Bookmap Discord server. You don't have to be a Bookmap subscriber now, ever, never. And Bookmap will never solicit you for anything. And there's a lot of additional free education. Stocks, options, crypto, order flow with a high turtle book like Bookmap, of course. Market maker behavior, algorithmic behavior, options, swing trading and much more. I think I said crypto if you're inclined. And in the trader lab, there's 60 PDFs of these structured trades you can download and reverse engineer. If you haven't seen these, I'll just flash one or two up on the screen before the end here. And also there's a library of webinars that I've done, about 26 of them that cover different market conditions, changes, contextual changes. Some of them are up to four hours long of real-time narration. I don't have much time for real-time narration anymore because we want to give room for other streamers with different ideas and different things. So you can kind of, it's like a smorgasbord of trading. And you can find what psychologically aligns with you. There's no one way to trade. But I am going to suggest though, if you cannot analyze it and reverse engineer it so it's consistent, then you're going to be sitting with the gamblers. And I always suggest if you're going to gamble, go to casino, get the cocktails, get the ticket to the buffet, have a good time, sit at the slot machine, and you're going to win some, you're going to lose some. But the house, the casinos, have the edge. I think you should think like that, but not sit on the gambler side of the table. Learn what the business of gaming is and you'll understand the business of trading. Visit the trader lab. It's a community of like-minded traders who have all been where you are. We're all the same. By the way, we're all developing traders, believe it or not. And it doesn't matter how long you've been doing this. We're all the same. We all think we're going to find something in the public retail space that's been out there forever. When I first started Wells Wild, it was just coming into the mainstream. And of course, RSI's and Parabolic and DMI-80, I'd gone with all these things. Bollinger bands, it's ridiculous, right? So everything was all great. Then Oscillators. I shared an office with George Lane, as you guys know. He created Stochastics. And once I learned about Oscillators, I started creating my own and I went in trading systems. And I mean serious, programming and all that. I worked with Ralph and Bill Cruz out of Miami. They eventually created a product you might have heard of called Trade Station. I was, before that ever existed, I was involved in that. So I'm just giving you a little background and that's not to say anything more than I've put the time in. And I've had the same results as you guys. So the time in is not the point. But the point is, I was waking up a trade or groundhog day. In other words, I did the work and I even gathered metrics. But what I didn't understand, especially from system design, is that I was optimizing a defector process that was ultimately random in a random environment. So I would get the aha moments and then they would go into nuts, you know, because I'd go up and down like in a random environment, like the gamblers go up and down. I didn't understand gaming. Once I understood gaming, it changes everything. Because then I understood I was doing it wrong. And I understood that I was doing what other retail traders do, which always got me back to the same place, which was a random inputs in a random environment. That's why when you see what I do and I share with you, I don't use indicators because I used them. I had indicated more indicators than you can imagine. And so they were conditional statements with branch logic. I'll just go into that. And I'm going to say is I've learned what I learned from that is to think in a conditional process, but have anchored inputs or definitions that take me down a branch of specific setups or structured trades that fit for the specific behavior in context. The problem we have is that the market is not a one size fits all process. And because our indicators are really generic outputs, we're trying to fit a market that's dynamic into a rigid structure that is looking in the rearview mirror. Try driving formula one by looking in the rearview mirror. And that's what we do as retail traders. So I'm going to suggest is if you're looking for a different outcome, you're not satisfied with your results currently, and you keep waking up a trader ground hard day, it may have nothing to do with your intentionality or your effort. It may be because your belief might be defective. I know what I believed. I believed I was doing the right thing. And I believed it was a matter of tweaking, tuning, adjustments, timeframes, you know, that's that. And the other thing, getting the screwdriver out like I was tuning the carburetor, you know, on a race car, not the case, because I kept coming back to the same place, trader ground hard day. But I believed I was doing the right thing because of the randomness. Randomness fools us. We can be, we can believe we're doing the right thing because of the random outputs we get. But if we have random inputs, we're always going to have the same random output. And because it works sometimes, just like for the gamblers, we're going to end up in the same place, trader ground hard day. If you're experiencing trader ground hard day, I suggest you come to trader lab. You can download the 60 PDFs of the structured trades that I review here in the stream. Also real time narrations. There's 26, I think, streams that are posted there, different configurations. And what's really interesting, I think, is when the market changes in during the session, we go directional, we go rotational, we go rotational back to directional, or we just stay rotational the whole day and then have directional trades inside of rotation. I mean, it's crazy, right? How do you slice and dice that so you can operate it? Well, that's what the trader lab is about. And if you're in YouTube, there's a link in the bottom of YouTube, you can access this, plus the statistics I talk about in the stream and a library of those webinars and sum up the four hours of real-time narration. I welcome you. Please give a thumb up in YouTube and remember, this stream and these streams are available exclusively to bookmap discord trader lab participants through Monday, and actually through the end of Monday until Tuesday's stream. Remember, we're closed. There'll be no stream RTH stream on Monday because RTH is closed in the U.S. for a national holiday. I look forward to seeing you guys again. Thumb up, please, and YouTube on the way out. I hope you've got something out of this. I hope you get value from this stream. And thanks again for visiting the trader lab today. And if you're in the discord trader lab chat, remember, this stream's available exclusively to you. Screenshots, guys, develop your metrics, review your behavior, write down and journal your emotions, build a plan, follow a plan, and let's continue to improve together as a team. This is really a community, the trader lab. If you're out there now, you don't need to be on your own. One thing about a community is we leverage our collective experience. Our senior trader has about 54 years experience. I've got going on 44. In a way, it's a badge of honor because I'm still doing this, and I've paid the dues. And you guys, whether you know or not, are paying for the privilege to learn. It's education. The thing with education is, are you going to keep paying tuition and repeating the class? Or can you get a yield from all the effort and time and wear and tear you've taken to attempt to learn this business? I think we can potentially save you some time, maybe some brain damage, and maybe being in a community with traders who have similar experiences and diverse ones, you might be able to leverage that experience and create something for yourself that's better. And again, of course, your mileage may vary in past performance as never indicative of future results. Take care again, thumb up in YouTube, and I'll look forward to seeing you guys next week. Have a great weekend and trade safe.