 Want to do a mic check testing one two Testing one two testing one two Just want to make sure everyone can hear me. Okay, get started in a little bit. All right. Hello, everyone I'm John Slazas from Dharma Capital Trading been involved in trading crypto since 2013 and Been involved in the markets Pretty much my whole career I'm from Chicago and my first job was on the floor of the mercantile exchange as a Kind of summer job as a runner. It's also went to a racquetball back then That was kind of really what I was focused on but then Went away to school And I knew that the only way I was going to learn about trading was down on the floor so my sophomore year I after my sophomore year I moved back to Chicago and Started going to night school at the Paul and working on the exchange all day. I was fortunate enough to Follow with some good traders, you know actually through racquetball when my first jobs was with a local pit trader and We met through racquetball and you know typically on the exchanges It's really a family business You know, you definitely need to know somebody so outsiders. It's don't really get in and So I got I got along well We used to play play together and then you know, he knew I had experience down there So he hired me as a pit has his pick clerk and then I My job was basically to count his cards make sure his position was okay and then keep charts for him and so, you know, he's kind of directed me in the With some technical analysis tools and I took it from there lots of long days and nights studying in the Merck library and then just asking questions to anyone who would answer them and To got to the point where you know, my job for him was to you know, basically write numbers down in a card and say here Here's where we want to get into the market And then his buddies wanted to see those you know those cards and so I started making Copies of those cards literally handwritten and then more people wanted it and so I started Xeroxing them and kind of that's how I started my analytics business You know really just selling numbers on the trading floor And so I'm seeing and the methods that were we're used and in you know are Basically still valid today and they're all based on market truths and you know what traders have been doing for years And so, you know, we're gonna want to show some of that to you today as well And and you know these these tools are dynamic to help you do many things But the thing we're gonna talk about today is size management which is one of the you Most important things for trading you cannot always have the same size of your trade You have to differentiate even if it's just a one or a two, you know one unit or two units You have to differentiate between the value of an opportunity and that's what we're gonna talk about today Just wait for a couple more minutes a minute here. We'll get into it one thing on before we get started I want to you know go over a disclaimer. He basically Everything we're going over here is educational If you you know trading has lots of risks. So if you're involved in trading You want to use risk capital? It's hard to have a clear mindset without it You know if you have if you have to be in a situation That you have to make money on this capital The it's going to be too overwhelming for you to make good decisions in the moment when you need to you know Even any hesitation is Is going to be a detriment to you. So, you know You know, we're here to give you some insight to help improve your trading You know, we're not making recommendations, but we're giving you some facts and tools that you can use to You know create a sustainable trading career and by doing that You know, you need to have some risk capital and if you don't have risk capital There's you know, there are opportunities to have people fund you and so, you know, that's You know and these are the tools that can help you get funded And if that's something that you're interested in, you know, definitely Send us an email and Reach out to us and and you know, we can kind of help you direct you with that We had a lot of clients that are taking these performance challenges. So Absolutely, you know working with people to succeed through that is something that we were definitely doing So we So reach out with that So today we're talking about size management. So many tests Everyone hear me. Okay. I'm Want to make sure my audio is all right. Yeah, I've got my audio going on the machine. I don't see the One on one second Okay, great. All right. Here we go So size management, you know, it's a backbone of your business plan you know your trading is a business and You need to make sure that you know when you're trading you're trading when the odds are in your favor Simple as that You know and having, you know You know having you know effective size management, you know, that's how you're going to you know, achieve sustainable profitability And that's what it's all about. It's not about, you know, if you're in the trading to you know, just to hit the lot Oh, that's not what trading is about. You know trading is about consistency being consistent and And being consistent in how you put your capital at risk is key You know, how do you you know striking the balance between Returns and risk, you know, that's really the essence of size management. You know, you've got you know trading is an art form you know quantitative trading and Intuitive function You know, they both they both require precision. You need to fine-tune both And so, you know having a baseline a quantitative you know quantitative analysis or facts specific facts and Then with those facts giving you better intuitive insight which you which you can Improve on with your with your experience. So you need you need both you need you need a fact baseline You need to a benchmark to lean on So that your emotions don't get the best of you and So then when you are in the moment and making decisions and you're making those decisions intuitively You're you're making it within the guidelines of what the fact foundation is So as you're in in your trading decision-making process, you know for successful trading you have it You know, you have your your strategy or your mandate I'm a buyer. I'm a seller That gives you your direction and then you have your tactics and your discipline And if you don't have discipline, you're not you're not going anywhere So you have you and then with your with your discipline your tactics To execute your strategy you have a risk management safeguards You know, you know, you know where you're out, you know, you're either using hard stops Or you're on top of the market with your finger on the trigger protecting your Protecting your your position protecting unrealized gains And so those are all major pillars of trading and the one that really makes you take it to the next level and differentiate from Everything is your size management You know, this is really your upside. This is your potential You have to hit it big when it's time to hit it big and you have to back off or not even trade when it's it's not Time to do it, you know, it's important to understand, you know, every time you're putting capital at risk You know, it's all about probabilities You need to understand, you know, what's the value of this opportunity and what do I want to risk to get that opportunity? And so your size management needs to match these odds And the simple way to do that is, you know, you know, definitely the way We work look at the market. There's you know, you're we're adding leverage in the markets in alignment And we're deleveraging when it's out of alignment We'll get in a little more into that later, but you know, basically if you have a situation where You know, you have to risk you know 1% and You can make 2% That's that's not bad. I prefer to make 5% But you don't want to be in a situation where you're risking 1% to make 1% or risk 1% to make a half a percent You know, I'm sure you can do a lot of back testing on studies that you know, they make a lot of money For a long period of time risking a lot making a little but you know all of a sudden, you know That that strategy doesn't work and then you blow your account out So it's not sustainable and that's the that's the goal You know, the goal isn't having sporadic large gains, but steady growth and by having proper size management You know that diminishes the risk of you know getting killed You know ideally, you know, if you know you have to risk a lot then you should have lower size on you Maybe your emotions are getting you into the market sooner than you should be so get in if you have to get in get in I'm a big fan of getting participating in the market. You want to be long get long But but just get a test in Or potentially put an option spread on something light To the until the market comes into alignment and then you can hit it and you know and having a process so you know You're building consistent gains And you just you know and just accumulating alpha accumulating profits You know one of the big biggest issues of improper size management is how it affects your emotions and and really can they can just totally take over and Have you make you know impulsive decisions? And this really comes from just being over leveraged Because it amplifies your fear and your greed, you know when you you come in and you put a number on Or you go big because you have a good feeling or there's a you know You have that your ultimate tetanus signal that's generated And you're over leveraged Because in the bigger picture, you know, it's counter to what's more likely to occur But at the moment, there's a you know, you have this big signal and then all of a sudden You know, you just see the money coming in the markets are going your way And it's just like wow this thing is just gonna go big and I am just gonna have a monster month And you're not thinking clearly because you're you're blinded by greed and then all of a sudden You know that breakout doesn't fall through the market turns and just and just Immediately go you put you in the negative and then that lever just against you And then you're fearful and you hesitate and In crypto if you hesitate you're out. It's so fast And now all of a sudden You're really in a situation and you freeze and then you're just hoping and basically just making that one bad decision after the next and Typically more, you know, more likely what happens the market's just gonna keep searching and searching for that distress point until you just You puke out of whatever you have And you're not you're even being in blind of you know, where you're doing that and then you know, and then yeah, the Typical reaction is the market stabilizes and comes back and You just you had the right signal and and you just got caught up in a squeeze and you made bad decisions because you're over leveraged So it's a simple thing to you know, keep in mind is just your risk-reward ratio You know ideally putting yourself in a situation of one to three, you know, I'm gonna risk one to make three That's a it's a you know, kind of a guiding rule You know, and if you're not in that situation you need to understand that you've got you're at more risk You definitely need to want to be smaller. It just doesn't make sense And you need to be more active and aggressive with your size management. You know, I just saw someone talking about Win rates who cares about win rates. I Know a lot of people that had incredible win rates, you know, there's a lot of the options traders on the floor You know, we just pick up, you know, they were talking about, you know Picking up dimes in front of a steamroller, you know, they're just money every day. It's just money money money money I'm just you know, I'm just just selling selling ball selling ball selling ball And I'm making a little bit little bit little bit little bit and then one day it's just BAM And they blow their account out Versus You know as Fooled by randomness by Tali talks about You know, the harder thing to do is Lose a little lose a little lose a little lose a little lose a little BAM make it big Psychologically, it's it's easy To sit there and you feel good about yourself. Oh, I made money today. I made money today. I made money today and You have, you know 20 days of making money in a row 30 days and they have one day that you lose but that one day website all those 30 days and then some Psychologically, it's easier to handle that one terrible event because you feel good about it for the whole month Versus Taking little losses little losses You know being patient Staying in alignment and then then letting your profits run when you get when you when you get involved in the trade with the proper size And you hit it real big, you know, I've always been a big fan of the sortino ratio versus the sharp ratio for that fact You know, how much are you risking? For what you're looking to make, you know other just your basic facts to To keeping in the you know in the front of your mind is You know, how are you dealing with all market volatility and You know when when you know economic figures are coming out When other markets are having significant moves which might influence the market that you're trading, you know It it causes these aberrations and especially in crypto with thin markets. You can get some crazy swings The crypto doesn't trade like other markets and you have to you know, think of crypto more as a seismograph a lot of the tools that traditional markets Think you know, most people think work, you know, you know, definitely don't apply in the crypto markets And when you and so you can have these big squeezes and swings and crypto and you know You need to you know when markets kind of shift into that mode. You need to dial your leverage back and the good thing about that is You know when it keeps you centered keeps you focused keeps your emotions calm and Then when the market does get out of alignment and does set up, you know You know come you know comes into, you know an alignment area that that Has a good risk-reward ratio, you know one five one eight You then you can hit it a little bit because you know your risk, you know You've got the markets got the volatility, but you know what your risk is and it's got potential for a big payout And so even in big volatile situations, you stick to your you don't you don't widen your stops. I Like to keep them tighter I'll just get back in and then it goes. It's like, okay, you know, you stop me out fine now It's back. I'm in stop out, you know, you know, I'll do that maybe a couple of times And they'll just give up and I'll just give up on it and I won't you know, I won't press it But you know, otherwise, it's like, okay, you got me now. You should just go You know, if you don't go then I'm out and if you do that's my story. I'm sticking to it You know typically when the market goes to and that's those are opportunities that happen at extremes And the markets either gonna break structure and go if it doesn't it could reverse and although everyone that's caught short They got caught on that it's gonna you should revert the other way and just go if it doesn't doesn't there's no hoping Just it is what it is. But bottom line is having they You know proper risk-reward ratio Staying light until the market's in alignment Especially when the market volatility picks up, you know, then you have that awareness and and you've got the opportunity to take advantage of those So, you know just in a general sense, you know The you know having effective size management is gonna give you this resilience, you know It's gonna give you that peace and you need to be centered in a peaceful to trade intuitively and focused And that's gonna learn, you know lead to more sustainable growth and In a prosperous career, I mean if you're gonna get started if you're gonna you maintain it you're trading Over a long term you're gonna need to you know, you need to have You know really a standardized way to manage your size management And to do that you need some a benchmark you need a statistical baseline you need an objective facts and tools That can give you some clarity to your emotion You know, it's easy to get anchored by you know, you hear some news someone says something And you get stuck on something and always having you know kind of a check something to a baseline to kind of check yourself and without it your subjective Opinions are gonna influence you and they're going to make you end of the day They're gonna make you hesitate and if you hesitate You're gonna lose money So I'm gonna show you some of our tools you know as a as a solution to standardize your size management and And And you can do this some of this stuff You can search out and create your you know fact foundations. We've done that with our playbook Which really defines The main components that you need to be aware of to identify if you know are the odds in your favor What's more likely to occur? You know, that's a it's a great phrase to keep in the back of your head, you know What's more likely to occur? And like that should that's like a mantra you could tape that to your monitor Because that's what it's about every trade is based on odds and what's more likely to occur And what are things that we need to know? And we'll I'll go through this and we'll go we'll take a look at some live examples And we'll take a look at you know kind of microstructure and what's happening currently But you need to understand what the state of the market is So whatever tools that you use to define is the market trending or not trending? You know, basically, what's the context of the state? And really have a really taking ownership of what that means And if you don't have that, you know, we we definitely have you know Can support you with that an objective, you know quantitative result that defines this is what is this is what is true This is what the state is But not only you know not just understand and you really don't own that environment so Just saying you know saying something. It's non-trending is one thing, you know, is you know, what does that really mean? What are those expectations? What tactics do I have? Or how our trading styles or methods that I use that will work best in this environment? And if you are you know a trend follow-through, you know You're looking for follow-through and breakouts and you know in momentum trades You know you need to be super careful in this environment And you need to trade small until this environment changes because markets are always market states are always changing For one state to the next But you know, what's the foundation if that doesn't align, you know, trendy non-trending Market states like neutral digestion don't align with trend following strategies Absolutely markets transition from a neutral digestive state into a trend state. That's that's how when they transition That's what they do but it's hope until they break structure and That's when that's when those systems don't work and that's when you get you get chopped up in those systems So altering your tactics and if you don't have any of those tactics, then don't trade it and if you do then switch tactics to mean reversion fading momentum But owning the state is key. You need to understand what you're dealing with And once you understand what the state is you need to define the structure of it, you know, where does that state change? What is the price structure of that state? At what point does this state no longer digesting? At what, you know, that's those key inflection points That's where the best opportunity is. That's where the risk reward is best defined Anywhere else in the middle is expensive and that's and that's exactly where all the You know predatory algos live that are looking to take your money on these You know mindless choppy moves that don't make mean anything And they're just there to press the buttons of your of emotions to get people to puke out of their trades that are good trades So this is where the alignment comes in. You know, what are those price boundaries? That define the state, you know, everything that you do should zero down to if then statements Because then you can't have some that that's subjectivity in the moment when you need to make a trading decision You need to know if this does this then if this happens, then I do this and then it's and then it's about the awareness of the condition Is is it working? You know, and then you have you have a better benchmark of yeah, it's working or no, it's not working And if it's not working, you need to be careful and tighten up your risk If it's is working, you need to let it go and let it pay you So at the playbook, you know, we're identifying what the state is we didn't identify that this the structure of the state And we identified that the you know, the bias of that structure and we and from that it's an if then statement You know, if it's in this structure with this structure bias If this in this state with this structure bias, this is what you do and today I've got the Bitcoin example up and we're gonna take a look at the big Bitcoin today right now But, you know, basically identifying, you know, this, you know, where are we at? so let's just go into the live market and And see what's happening here in Bitcoin you know structurally there's that what I showed you on the playbook and I'll pull it back up is You know a daily timeframe, but you know the structure there's there's weekly structure There's monthly structure. It all depends on you know, what what your focus is But the daily structure is a you know, a nice pure structure. And so we're we're gonna focus on that today something that I've gone over before and previous presentations is Time frame structure and So this is really overlooked, you know, and but it is absolutely what you know the all the large funds traders look at because it's based on you know Mark to market of their P&L and Their performance and it's you know, just identifying, you know, what is the you know the even just like the previous close The previous days close the previous weeks close. Absolutely the previous months close is huge Previous quarter previous year, you know, are you know is you know, is the market up or down on the year? I mean, you should know that, you know, and so, you know, definitely, you know, those are key price points You know, so if we're just talking about the daily structure right now Yeah, we need that you always need to know what the previous days high is in the previous days low And you need to understand it in the previous days close So these are just some basic facts that you didn't just this alone you can use for your size management Another great metric is the midpoint It's kind of like the the you know, it basically is the you know, the previous days midpoint or VWAP And the current session VWAP is important because all the big funds are looking at that too That's where they're primarily trading. So as you know, if you know, it's simple rules of thumb Hey, if the markets above the previous days high and you're short You need to think about that if and definitely it should be a rule that if I'm ever short above the previous days high I Trade my smaller size If I'm short below the previous days low I Trade bigger size Simple as that that's a rule and you can just add to that on your size if we're above the previous days close You can you know kind of lead into that opportunity or if I'm above the previous days midpoint, you know, the all these things add up It's and it's also the market telling you what it wants to do simple tool and Looking at that on a weekly basis a monthly basis. You should those are all facts. You need to know So here in Bitcoin today. This is the start of the session basically using 12 a.m. UTC time and we get a close Market immediately takes out the previous days high and here's what's interesting too and How and why you know, this is like a technician. What are you looking at? You're looking at this this peak here? It's more important, right? This is the resistance But the market's not looking at that So, you know, the market likes this, you know One of the things that's looking at this is the previous days hot point, which is here Which happened right at the open previous days open and it's also keying off of this close And it's kind of this whole band here. You got it, you know, and this this these tells here are signs of strength That foreshadowed this and the fact that we couldn't retest the midpoint is also kind of a sign of strength So that's that's just a basic fact-based tool that you can integrate immediately into your Pro or your program to help you with standardizing your size management So with the playbook, so so we have that's one tool. So now suddenly, okay, we have our daily time frame structure Don what, you know, now we're looking at what's what's the state of the market with the state of the market? Is that we are in a neutral digestive state? Okay, let's move this over here. So just defining that Start of the session so we in the previous Presentations we've talked about price discovery and you know how the market creates ranges during this, you know It has specific behavior doing a settlement period and specific specific behavior doing the opening period It's an opening period the market, you know, it's basically, you know, you've got new new people are coming in You know you the margin rolls over not so much in crypto as in legacy markets where it's more pronounced But you've got new, you know new entrants coming in At that time and so you do definitely get some you know some play during the start of a trade period and With the expectation that hey this market may have some some issues it may it may Be ready for more sideways action makes sense end of the summer Last week we had a negative event move, you know And we you know yesterday at the end of the day we had a You know a good sell-off that came back So is the market just kind of getting ready to you know have more of that difficult sideways action that we've seen So what's the structure of that state? So where does this where do things start to change? So one thing we want to look at is what we call our sentiment bias So where is you know, that's the over under number. So where is that? Well, that's way above the market So we you know, that's that's something to consider. Okay Sentiments way above the market if we do what's the that so that's basically identifies the upper peak of this neutral digestive state So we also have what we call our critical range Upside pivot down so if it was so let's take a look and see where that's at again These are these become basically your zones of value, you know where I want to bet more and You know in the middle you want you know, you're not betting big in the middle You're betting big when the markets in alignment and then we're going to Take a look at what you know, what's the optimal things to do today? Well, we want to fade moves at the extremes is the optimal thing. So, you know Expectation is this is where the real energy is on the upside. This is where the real energy is on the downside You know, these are our optimal opportunities, you know, we're definitely looking to Participate in a you know buying the market off of this area It also looks like it's coming in the top of that metric is coming in at the midpoint of the previous day So this is good alignment. This is when we're talking about alignment. This is what we're looking for We've got this quantitative market structure and we have that is in alignment with the previous day's midpoint So if the market's going to digest we're looking for the market to stabilize above here and we're looking for the market to reject here So what's happened? So on a head strategy theme, you know, since we do have these parameters are pretty wide The the directional becomes a good rotational number That's what this yellow line is and here we have a strategy called a dir breakout So if we're going to do you know a breakout is defined as a market that you know really kind of starts out at One side of a metric boundary of market structure and moves to the opposite side So at the start of the session the market was holding the metric boundaries It produced it rallied above here, but then here it validates that it's you know It's it's truly below this level and we're making a play for this this downside pit this DP area Can't do it and then this is this is generating a breakout Because you had the the two alerts it starts out. It's it's trading below this Boundary and now it's above here. This is more just kind of rotational, but now we have a clear breakout to the downside You know move out of this range and now we have a Bi breakout and it puts us in this theme here So we're always identifying price action within market structure And so for you know, so as a size management tool, absolutely this is our big size trade That this is a three-unit opportunity You know and this is a two-unit opportunity and these interior structure points are smaller opportunities. So here So now let's switch to the you know continue to go into kind of now the microstructure Take a look at this. You know, I don't have that history You know basically this is your This is all the history I have on this one This is what's occurring here So size-wise, you know when we have you know when the market's breaking out of here Which matches up with here we're getting you know, we are getting some liquidity coming into the market and Size-wise, we know this is a two-unit trade because we're trading within the metric boundary of a major price map level So again, you know, this is the three-unit opportunity These are the two-unit opportunities and these are the one-unit opportunities And this one-unit opportunity kind of led into this bigger opportunity So this could you know, this is a way that you can build on your size management But this signal here Targets here So we're currently in this transitional court. It's really a corrective rally And the expectation is it's the market's trying to make a play for this level it may get there may not But we know it's a rally in a neutral digestive state So we know we know we're not expecting it to follow through This structure we have an integration book map that we identify the structure here So you get a sense of you know, you can you can really see what's happening So we really can see what's what's happening within this area here So now we have it we have a new situation that's occurring You know, we when you look at the bigger picture of where we're at You know and the market is pressing into you know, we're right here So we're not getting it, you know, this is not a time to get excited to the about you know To the upside This is the time to be careful with protecting your profits from the move that they've given you Depending on your duration of the trades that you like to take you know, you do have some aggressive momentum and Even as a position management of a tool here and a size management tool you know this For you know for buying this was the two-unit trade and So if you are pressing it you're playing with fire But the market should base above here and it should be an add-on and any add-on should be a one unit But then you're and then on your size management as well You can use the structure for you to manage your position. So if the market can't base above You know, basically twenty six thousand four fifty right now And you can see some of the liquidity starting to build up off that metric and then you can see this price structure here You know, basically you need to define if the market can't hold this structure. What what will it do? It's more likely going to come back down to here. Do I want to give back that money? So if you if you came into the market here and You sold one out here because you had to you sold one out here And then you sold another one out here waiting for a potential reaction back down to this level and you're not getting it And you want to get back into one more Basically buying the market out putting your risk here with reward targeting here makes sense But it's still just a one-unit for your size management also in terms of structure, you know as you move through the trading session and you go from You know your opening phase to your discovery to the validation and coming back into settlement phase, you know at you know the you know better opportunities are absolutely for liquidity are going to occur during you know when the Crypto's in alignment with the legacy markets. So, you know, basically just the times of the when the S&P's are active Really seven, you know kind of 7 a.m. till Till noon 12 noon 1 o'clock, you know that after that things start to you start to shift, you know after 1 1 30 The markets are going to start to gear up for their settlement period so things can get a little squirrely So with that and that what that means also with structure is that you know the market has broken out here So it gave you your signal it paid you out So it gave you money if we do get followed through here and we make a move up here What's you know, this structure is going to change in the next period which for a central standard time that's 7 p.m. Or 12 midnight UTC, you know, what kind of opportunity follow-through will I get and fact is more likely If when if the market closed right now closing meaning it was 12 a.m. UTC time More likely the sentiment is going to shift and the market state might shift as well We don't know what that's going to be But if it does shift That that could signal that the markets transitioning into a positive potentially positive transition positive breakout We don't know yet, but but what's the potential for that area? So as the market comes up here, do we really want to load up? No, we don't because we're coming in near the end of the period So when you're thinking about your size management You need to consider does the market have time to follow through for my my horizon and with the daily structure As the market moves past two o'clock you need to consider that what can it really accomplish? And because the market the legacy markets gonna are gonna close at four o'clock And then we have another three hours before the crypto really settles And most times and not that's kind of choppy trading. So you need it. You need that needs to be considered But if you don't have the bigger structure and you're just working with the microstructure You know, you're absolutely you're running into walls How do you value a trade? It can't be subjective But when you're combining and you have a bigger picture view and You know that hey the market is above the previous day's high and you do have some other structure where you know Even just even just understanding Where sentiment is for the day and knowing that yeah, the market goes above the previous day's high Where can it go? It can go try to make a play in test sentiment. Why will the markets is in a neutral digestive market state? And it's not really we're not expecting follow-through So if we do get a big surge, you know Instead you don't need to step in front of this, you know this momentum let the momentum tell you when it wants to stop But as you're here, you're not getting caught up in you know buying into this when the market is looking to potentially exhaust And so then when you get to your exhaustive signal That's when you hit it and those signals are going to work and those signals are more valuable that you know The earlier they occur in the trading period and they're only less valuable because Based on the time from your trading because what structure is going to change and rotate and that's going to change the whole picture of everything And so you need that needs to be under consideration So I invite everyone to come to our website Dharma capital dot trade You can register for free and there's some good content there. We do have a Course-Drength assessment profile that you can take They'll give you some great insight. It really helps with your intuitive trading You know and your awareness and the more you are aware of yourself the more it's going to improve your trading So we have a an assessment tool and you know if you do go through that and set up You know feel free to send us the your score results And we can kind of give you some guidance Also if you're interested in our integrations our book map integration and our playbook You can learn more about it on the website and you can sign up from there You know this is this size management is the Really the differential so no matter what you take away from this You know you need to break your trading up and your decisions up into units and you need to you can't just always come in and be You know here's my you know I'm doing yeah, I'm doing max size today because I woke up You know I woke up happy whatever ever or you know, I'm I don't want you know I've got too much other too many issues going on that I'm gonna trade small today That's not what you're that's not what trains about you know It's are the odds in your favor What's more likely to occur is your is your is your trade in alignment with what's more likely to occur? If it is you have to trade bigger No, if you're if you're you know your dealt tens playing blackjack And there's no ace in your hand. You know you need to double down on that if you don't everyone's gonna look at you like What are you doing? It's the same thing you just have to you know You have to put be have yourself standardized to be in those situations like when this occurs if this occurs Then I do this and in every and every trade is it should be that that should be the process That's you know the seismic should be you know the main process you know the standardization of your trading And it's a it's a it's a simple straightforward thing to do even to the tools I said I showed you with just using the time frame and using that as kind of a simple guidance and You will see immediate impact that on your on your P&L immediate it's it makes all the difference in the world. Well, I hope you guys you know follow through and come visit us and Next week we'll we'll get into some more insight and enjoy your days Cheers