 Good morning traders and sorry about being late in here nine minutes We had some technical issues. We had some technical issues yesterday with go-to webinar so You know if if you guys are having issues then the You know go-to solution is to log out and then log back in It worked for me. It worked for a lot of a lot of people yesterday Hopefully though, we shouldn't have issues like we did yesterday. So Anyway, I imagine that they've got it kind of figured out but That's the solution in the interim Okay, so we'll welcome to the webinar pro trader webinar series today We have Scott Polsini a futures trader Scott's gonna go through his same process that he does for the Advanced webinars that he does every Thursday for us here at book map And this is part of the education that you get when you subscribe to global plus You have an educational course. You have daily advanced live forward-looking webinars about hindsight We read the current market and give insight to where price may move next based on what we read in book map in the order Flow and then we have two days a week. We have Jay trader a stocks trader and Scott Polsini futures trader and Watch them go through How they read the order flow apply it to the way that they trade So this is all included in the education. So it's a nice offering as for education I encourage you to take a look around the web at others No, I don't not seen anyone offer anything quite like this And it's just all complimentary with your global plus subscription. Anyway Let's go through some disclosures and turn it over to Scott. You guys know who Scott is He's been trading for over 20 years and then during the years of 2002 to 2005 Scott was responsible for trading about 10% of the S&P e-mini futures volume This is pretty incredible. It almost sounds unbelievable but trading size that it would just really You know, it's boggles the mind One tick I'm sure was, you know, several thousands of dollars 10 maybe $25,000 or something per tick or 12 12,500 or something. Anyway Scott now focuses on both trading equities and futures He's an expert scalper and has an innate ability to quickly read the order flow and volume within price patterns He's it was written in the book by Dr. Brett Steenbarger about You know a trader performance. He was featured in that so you may have come across him that way Here's Scott's contact information. He does offer mentorship and Educational services. He's got a website. He's got a trading room. He's got educational courses You can get some special deals from Scott with these links here You've got his email and his Twitter as well So he also has a trade copier service now and If you have questions about that best to reach out to Scott or use one of these links here I'm going to paste them into the chat right now So that you will in just a minute or so and you'll have them so you can click right on the link You don't have to copy them down here. I need to go through some disclosures because Well, we always go through the disclosures you should understand what you're getting involved in Here So please listen and he will be trading live in here. It is in demo paper trading mode And it's only for educational purposes. So anyway general disclosure all book map limited materials information and presentations are for Educational purposes only and should not be considered specific investment advice nor recommendations live trading is in simulation demo paper trading mode and Strictly for educational purposes live trading executed in simulation cannot accurately represent realistic trading performance risk disclosure trading futures equities and digital currencies involves substantial risk of loss and is not suitable for all investors and Investor could potentially lose all or more than the initial investment Risk capital is money that can be lost without jeopardizing one's financial security nor lifestyle Only risk capital should be used for trading and only those with sufficient risk capital should consider trading Past performance is not necessarily indicative of future results. You have the hypothetical poor performance disclosure here as well This is more for automated trading, but you might want to read through that Okay, enough said let's turn it over to Scott and let him take it away Are you hear me Bruce? Yes a bit of a crazy morning technical difficulties here is having difficulties with the new software I'm using to track my trades and There's 45,000 setups firing off of these markets are crazy right now. So I have not done anything yet as far as Putting on trades on here, but I was going to We'll get into this in this newest As well This sweeps thing. It's really really interesting I can just hope it'll open it up a whole possibly new new world of setups, but we'll talk about that a little bit But anyway pre-market you had this in the NASDAQ You had this stop run here Anyway, it was threshold it was It's 140 and then I saw these Recall them snakes in the room till we find a better or word for it These are these sweeps. A lot of times you'll see the sweeps obviously associated with stop runs But you'll see them sometimes if they're not stop runs as well. So anyway, the zone is pretty important pre-market I hesitate trading zones pre-market going into the open though because a lot changes, you know as these stocks open up so I did not take this trade, but this was a You had a tier move away. You had the retest of the zone the way I trade these Conservatively and it actually ripped up here and you put in there was another stop run up here That one never retested, but this whole zone retested and this led to like a 200 point move down That I basically just watched because I had a lot of stuff going on. But anyway Came down here these uh, this was a bunch of cell ice this black zone. We haven't retested that zone yet either here That was this and now we currently are trading in the zone where a lot of bias came in so I'm just waiting for So what I've been doing the last two weeks in my trading room to prove to You know the traders in there that have 400 things on their charts and have all this conflicting information and they're struggling Um to make money that the the simpler You make your trading the better you will do so the last two weeks I have been trading well week weekend Four days. I've been trading Nothing but the setups regardless of them. We high smart choice for by TW We'll go over some of the Some of this some of the market structure stuff, you know, like nasdaq here for instance is You know, this is not definitely not bullish Even though what happened yesterday and we held this area. But anyway, you know, I'm not I will look at this and this is very important But I'm just trying to prove to them that you can make money just trading strictly real-time buy-in setups because that's what drives the market so I've been doing that for a week and a half and I actually So this is the new Put this down As far as this show me with an open week trade from last week, but So I've tracked all my trades since last monday and these are nothing but Volume setups waiting for a full ATR move away. We'll get an all less retest failure This is actually off because it's showing me It has an open trade. I've been going back and forth with support, but this is this is about I think it's 15 000 profit in trading nothing but setups in these markets for the last for the last week and a half so I'm just proving to these guys and you guys that you can make money You know, even if you have to reset and go straight back to trading these setups and learning how to trade these setups And I have a course on bookmark marketplace on my website on how to trade these setups You can literally just trade these and make money is my whole point. I know that's pretty long-winded But I'm gonna put a link I'm gonna put the link to this trading because this is my I was using trade review is having a bunch of problems with them as well But this is like trade review on steroids So I really like that they're set up here on how you can see how you can see here Let's just quickly look at this stuff. Well, that's what's going on kind of You can see here like he shows you one percentage So this is again just really helpful to track trades So I'll put this in here because I get my members of my room and You guys that are lucky today to be on this webinar We'll get a discount to this as well I'll eat 50% off the monthly or 50% of 50% off the yearly If you use this link, I'm trying to figure out how to post this I'll post this Or if this doesn't Go to all then You can put that in there. So The whole point is All I'm doing Right now is when these setups come in So for instance, this is big bias, right? Now. I'm waiting for an atr move away five minute atr Average to range move away from these zones A retest and a failure half atr I'm entering the trade and that's all I'm doing regardless of where we're at on the charts, etc And what I'm doing this week. So last week was just strictly playing zones this week I'm strictly playing zones, but if it's an important area with confluence So for instance like this is a good example And this is why I should have jumped on this trade and pre-market, but So this is an a plus trade, right? So the market broke down from this balance area This was this ridiculous move up after the Fed meeting yesterday. Where do we hold? We held a high volume note of this balance area This is an a plus trade because when markets break down a lot of times they'll return to the high volume note hvn And reject. So if you get a volume setup in here, that's bearish I was taking it anyway, but I when I want to put on more size More allotment of my daily p&l on this type of trade because it's an a plus setup So that's what we're doing this week. I've never seen any of those so far, but So I'm trading strictly volume status, but if it's an awesome area I make it a It's an a plus trade and I put more size on we'll get into that as well once we get a trade on here, but So anyway, this is not at r right now in nasdaq what currently watching this zone and there's a couple zones and yes We'll go over here. So you can see here the 5 minute at r is almost 38 points Meaning I can't do anything until this market moves away from this current setup again this was It's almost 200 by icebergs in here I need to see a move away 38 points away retest failure or 38 points away retest failure to go longer short depending on again, which way it goes so This move down earlier was we got Down about 95 So this was not This was about 25 What was that 30 points so it wasn't a full atr Through this room a little lower and see what we got here. Yeah, this was not even a full 30 points So this is I don't know which way I'm trading this zone yet because we haven't gotten atr away So we'll keep an eye on that Even ESP But nothing but by ice coming in here. So we opened up There was a bunch of cellites at the open. This is black zone. You can see this here There was 1200 cell ice here another 1200 cell ice here 2400 all on this black zone And then we came down here And the bias just really started to layer in right you had this this this And I actually had to expand the zone. So that was the first first Wave of bias you had a thousand there Another 800 here another 1700 here and that was just I this was this zone originally I had like this right that incorporates that then as we sold off more bias came in So I had to expand the zone because they were basically right on top of each other and then you had another thousand thousand 700 Six hundreds. This is another three three thousand ice all on here. So I expanded the zone down to there and then We'll get into this uh the sweeping stuff as well too, but This new sweep thing, but so this is the zone. So then we came up here We're still on the zone so So the way I'm trading these is You know say this didn't come in this bias did not come in right? So if this would have moved an ATR away from here, which it did retest failure I would have taken I would have taken this short which actually would have worked out, but I am defaulting to the most recent stuff which makes sense, right? You know, it's whatever happens most recent is the most important. So I was not going to take this short off of here because it had ripped out of this current bias so right so Again, if this was not here, I would have definitely taken that short But the bias came in and you can see it stopped it. So this is the most current setup this blue zone So I'm trading off of that. So if we come up an ATR retest failure here. I'm going long ATR retest failure here I'm going short Regardless of anything else This is independent and I'm sure I'm going to show you guys that you can't make money again This is one trade so it may not work out but over, you know a string of trades You will be profitable just trading the volume And then again, if you can layer it into important areas and then increase your size in those areas We'll get into that again That you'll be even more profitable. So The ATR here right now is seven points, which is pretty Elevated so meaning I need to see out of this current zone Again, it's incorporating all this bias seven points out of here off the top of the zone. So that is Just say 4708 is the top of the zone The bottom of the zone is 4695. So I would need to see this move all the way to 4715 So too far retest failure and then I get in around a half ATR I've changed to three-quarter of an ATR because I've been getting literally I'll I'll get the full ATR move that'll retest the zone that'll move away half ATR I've been getting in and literally like Eight of my last ten trades. That's been the exact tick and then it I've been ticked out So I'm going a little farther than half ATR from my entry. So we'll get into that as that happens But that's what I'm waiting for there or if this breaks lower, I'll get in there I'll get short So waiting there gold Just set up after set of firing off in here just buy stops after buy the stuff So let's just let's just now back up and go through some of these The bigger picture stuff, right? This is again, I'm trading these setups in a vacuum But it's really good to know what the bigger picture is, right? So you can You know and Q stop stop by NQ 178 contracts So you can see there's 145 and then another 77. So this is about it's over too hard like 210 buy stops So now we can make this zone and you can see these the sweep You know get into that here in a second, but I want to draw this zone where that started It's a different color So now we have a stop run on top of this bias as well. So this is the most recent setup. So I will trade I still have to wait now for an ATR move away retest fail or an ATR move retest fail Granted if I do get in so say I got in short off of this most recent buy stop run We just heard fire off. I would still be in this zone technically So it's a little more risky, but this is the most recent thing to fire off So I will go short even if we're in that zone, right? So Short would be a half ATR or three quarters ATR. So right now again the ATR is 37 points So I would need to see this come all the way down to 16 110 Retest this zone and then a half ATR will just say if not to make it easy to say 18 points Below here. So I'd be in right around Which would be right around 16 130 then I'd risk an ATR above this zone Right. So that is that's a big risk. So you have to adjust your size You can't trade the same size when the markets are more volatile. You will blow out your account So you have to cut down your size to incorporate the current volatility, right and we talk about this every week Yeah, this is my room. There's been a bunch of iterations of this, but this is the This is the risk calculator So what you do is you put your your trading account size in and this is saying you're going to be asking two percent of your trading account size Which is some traders just risk up one and a half percent two percent. It's pretty aggressive But you can, you know Two percent if you're trading micro say you got a $10,000 account nothing changes here It's just 10 percent of the value or one tenth of the value You can keep all this the same and these are just micro contracts versus the real size, right? So if I'm risking For an example just to know as this if this moves an ATR away retest, right? So if we get the 38 points away retest fail, I'm in an 18 points So that's 18 points of risk right there Then I have to risk the size of the zone. So this is another this is actually pretty small So that's 10 points. So that's 28 points total. Then I have to risk an ATR below here, right? So that's another 38 points. So that's 66 points. I have to risk on this trade if this comes back Right. So then I go to my little handy dandy And I go to 66 points and I can only put on two So say I only was risking 20 points I could put on five see the difference, but you have to follow this or you will blow out your account period i'm not going to get into that again today. We talk about every webinar, but So that's the most important thing you could do is is to obey your stop loss rules and your and the size of your trades All right, so this needs to get to an ATR is 38 little over 38 points so I need to see this trade to 95 I know it seems like a lot but this thing is whipping around like nothing I mean, it's it's flipping 50 points at a time. So it's it's not a lot. Trust me So we need to see this get up to here Then it retest then a fail then I will go long So we'll see how that pans out So we are approaching we have not retested this this big cell eye zone. You could go short off of this It's not like see every day You know markets react off this first time up But the problem is you've had a lot of app and sunset right the best trades on these zones are when they initially first move away You don't see any new command retest fail This is you could short this on a retest fail of this zone this black zone But again, you got to remember stuff is transpired since then right so you could have puking already So on and so forth that the guys that got caught in the zone. So just be careful trading low zones If something else has occurred sends that sends that All right, it's hopefully that's not confusing That was so gold So, you know every morning my trade room I get on and we go over the state of the market So you still want to know even though with my this Experiment to show everyone you can make money just trading strictly real-time volume setups You still want to know where we are where we are bigger picture because you may say hey I'm not taking any shorts. I just put this in the room No, for instance, you can see here. This is my trade room. Someone just said Someone said they were going short I can find it short short gc at 1797 This is right as we got on the webinar. I said be careful on shorts major fail breakdown yesterday So you still want to know, you know the bigger picture stuff. So what did I mean by that? Well This thing was looking bearish for weeks and weeks and weeks You can see it's going back to the you know middle of November We had a balance area tried to break down retest to dive my node again HVN is where the most fine traded in a balance area all balances is two sided trade with trader placing bets Broke down we retested that that failed as the normal That's what usually happens when we break down on a balance And then we built this balance over a few weeks, right since 12 one a couple weeks What happened yesterday after the Fed? See the difference here. So on this one Let's clear it up We did this we did this and we did that and we built more balance This one we did that We didn't know all the hvn We went right through it. This is a failed breakdown. This is one of the best setups you can trade, right? This thing should have ripped lower put in a buying tail and then right through that buying node This is an extremely bullish market right now Bigger picture doesn't mean you can't take shorts and if I get a short setup on this webinar I will take it but my point is you know because markets do Oscillate Rotate but my point is your best trades in here are going to be on long side because of the bigger picture So you could a lot a bigger percentage of your trading capital on long setups All right, so when I when I got back in the business about three years ago again I got between 2013 2017 that show is knocked out of the game because I you know, I had to support my family I couldn't make money trading. There was no book map I was like every other every other retail trader out there just trading off this stuff and you know, even though I'm a pretty good technical Analyst I just you still won't have all the information if you're just trading off bar charts period I you know, it's just how it is. So I was average at best probably below average and I couldn't you know Support my family had to get out of the business So when I got back in the business I was going because I was so jaded from making millions of dollars in you know, this Yes, and you know, it all went away one day because of the this was back in 2006 2008 2005 2006 when the you know, the algos started to take hold of the market And there was very low volatility and my method of trading where I was just trading this order book all day long Every day it just went away as far as click trading because these algos run the show That's why nowadays You can't trade off of this because it means nothing it's fleeting. You can see the you know, all this is algos putting in pulling orders. You can't You're not as fast as a computer. I was one of the fastest clickers on the on the planet at one time But I wasn't as fast as a computer. So that mapped me off of my game. So when I got back into Trading, I wasn't even going to trade futures anymore because I was so jaded PTSD from making millions and getting You know crushed and it wasn't even algos. There's you know, Other factors was guys manipulating the market and so on and so forth, but I wasn't going to trade futures So anyway, I started studying with the firm smb capital I'm sure you guys see them. They're on the they're on the trade basically stocks but I was going to learn stocks and I studied with them for months and One of the things they teach their traders that they don't just teach them They require it is if you have an a so you're supposed to be making a playbook every day And we talk about this so much everyone all the time Talk about it in here. You should have exact playbooks where you look for certain scenarios, right? So this would be one of them Maybe where you say I look for fail breakouts and then I'm looking long that type of thing So they make sure that they follow their All their playbooks But if they see if they have an a plus trade that they've you know seen work many many times They are required to put more allocation on their trade on that trade, right? So Back to what we were just talking about how I said you shouldn't be risking more than two percent of your trade Or your account size on a trade Yes, but if you have an a plus trade and this is what I'm doing this week in my room I'm trading just volume setups, but now if I get an a plus setup. I'm trading more size So you can risk two percent per trade. You should be You know about six percent max for the day of your account size So this means the most I can lose so say on a thousand dollar account The most I can lose on the day is six thousand dollars. Okay, so that's your trading Allotment for the day if you get an a plus trade you may be you may say hey my normal trades Are two thousand dollars, but this is a plus. So I'm going to risk four thousand dollars on this trade so You're willing to do that because you know it's an a plus and your odds of That trade winning are huge or much much better So you're willing to take that if you lose on it Then you only basically have one trade left in the day, but you're willing to do that And like I said s&p makes their traders put on more size It doesn't mean you put on you know You can even put on six percent if you want But if you lose you're done for the day and we've talked about this You have to you know contact your brokerage firm and make sure you get shut down It's you know your percentage allotment for the day to keep you in the game So that's a lot of talking um, so that's what you know That's what i'm doing this week is an a plus trade. So back to the gold trade. My point is if you are seeing anything bullish in gold If i'm seeing anything bullish in gold This is these are a plus trades because this is a major fail breakdown on a bigger time frame, right? So you so not that I won't take shorts But if I see longs i'm going to be putting on double size. So that was a long explanation for What i'm going to be doing here. So let's just go over here what happened in gold today So from the minute I sat down it was like buy stop run buy stop run and you can see these these zones here, right? this is going back to like There's even another one here, but you had this one here Then you had this one here. You can see none of these were pulling back either um And then you add this one here. I should take that back. So this this is this one here You can't see the white, but this was a white zone. I just changed the color so I can separate All right, so that's that zone and then this just came in right before the webinar and I haven't even drawn that one yet We're still on now. So let's just draw that And then we can trade off of this Basically the way I'm hoping it's long just after ruins everything we just covered but it may not be Let's change this color. You can see it kind of overlaps the other zone. So what i'm going to do here I'm just going to delete this because This is the most recent zone Get this out of here So now we are still in this zone, right? I think we are anyway Yes So how am I going to trade this? Well, I would if we do this and this and this i'm going to go long I'm going to go long double size because I want to the bigger picture tells me long If we do this this and this I will go short It'll just be my normal two percent allotment of my trade So hopefully that makes sense Again, you want to you want to step on the gas on trades that you have high conviction You know about the result and the more you watch markets and have your playbooks You'll know you'll know it when when you see it Any questions Bruce? No, it's rather quiet Okay So right now a tr is 20.4. So let's say 21 ticks All right, so I Till this moves 21 ticks out of the zone this way or this way. I don't know what kind of sub this is So I have five distinct setups actually we have six now. We've added one more There's going to be a few more once I get into the sweep this sweep add on There's going to be even more because that thing looks pretty incredible as well We'll get into that again in a little bit but So when stop runs come in it could be one of two things it could be a dumb and dumber Where you get the dumb money puke again the retail trigger puke I'm a retail trader too, but we are not as informed as the smart money has the big big money Right, so a lot of times you get the retail trigger puke and there's no real buying behind it and it just Fails that's a dumb and dumber Or you can get a stop and hold where you get the stop run And then the big money comes in behind it and continues to push it and that's what's happened Three or four times already today. We've had no failures of the results Since basically the open so I I'm not even going to know what kind of setup this is until it moves an ATR away So whatever way this moves this moves this way this way this way This is a would be a stop and hold if this goes here and here and here That's a dumb and dumber I will go along on that I will go short on that if this happens I'm going to trade double size because of the bigger picture outlook So we will keep it on that NASDAQ Still watching this current zone then this Let's move the ATR away What I say 96 Doesn't need to trade too pretty close Got up to 90 93 90 93 half so that was about three points from the ATR and you got to keep an eye on your Because this ATR obviously fluctuates right we're using that to help us judge The current volatility so as you can see it's down on still 38 points So we did not get quite an ATR above there You know you can use your judgment on that if you say you know what that we got within three points I'm fine with that then I want to buy it but you can see here We retested this zone we did retest it and move it half ATR away So that moved 20 points so This did not get a full ATR, but you could have said a Got close ATR and you could have got long here But then you got to put your just stop an ATR below there I did not I'd first of all I didn't see it but I would have waited for the full ATR because I got to follow my rules And I would have avoided this potential loss right now as well. So let's see how Again, this is not This needs to trade so if I was long right now my stop would be an ATR below this zone So it would be down right in here But I obviously did not trade that so let's see how this Bands out BS ATR is 6.93 So seven points do we get seven points above this zone? Yes, we did So here's the first retest so we'll be able to trade this now, right? So this moved 10 points away You can see that 750 That was more than the seven points we needed here's the retest. So now Again, I usually know half ATR. I'm going three quarters because I keep getting stopped out of the FATR So I'm assuming I can go half size here. That part might be too much too. So half ATR half ATR is four so that would put me at 1175 plus I want to know another two for three quarters of an ATR. So that's 1375 is where I can go along this market And I changed it It was half ATR, but again these algos it's it's amazing like you go half ATR It'll be the exact stopping point. So I'm going a little outside of that obviously Let's see my order There we go. All right, so if I get filled on that I have to risk obviously the Six plus points That I'm risking just from the top of the zone to my entry, right plus the size of the zone There's no way I can trade three here. It's got to be two at least might even be one Hold on a second We'll go through those risks spreadsheet here a second. I'll show you guys All right, so I got a risk Seven, but what would I say was it shouldn't be It's a seven seven ATR. So three and a half points plus another point a quarter point three quarters, so that's Or five twenty five. So I was rounding that sorry. I was thinking it was an ATR eight ATR so 13 It's 13 quarter put the order in so From here to here is about I'll just say it's six. It's about six points, right? Then I have the size of the zone which is a large zone as well Again, I incorporated all that by ice which I kept expanding the zone which it sucks I don't like large zones, but you got it. You know, it is what it is. So this zone alone is 13 points long and then You have to risk, you have to be able to let this play out. You have to risk another ATR So this is alone is 20 points and then you have another seven points here So an arm risk in or six points or 26 points on this trade Why do I do that? Because That you know the size that's coming in and we'll go over the bigger picture I think if this thing gets rolling it can move at least 50 plus points So I I'm gonna get at least two to one on my risk, right? So let's see what I could put on here 26 points Yeah, so I could put on two lot So hopefully that makes sense. We'll see if I get filled there So like what I was telling you guys last week too, so they're you know The zones the stuff that comes in is the science. There's no disputing. There's bias. There's bias, right? And then you got these swipes we'll talk about There's no disputing this happened in the market. You don't have to trade the zones like I trade them You can say, you know what? I'm not I don't need to see a full ATR I went as soon as I see all this ice come in as soon as it gets out of that zone I'm getting in and I'm risking just below the zone, right? You really cut down your risk then and that's fine I this is the way I do it because I've been watching this for two plus years And this is the best way I've come up with to trade these zones so you don't get stopped out in meaningless areas, right? So you can come up with your own strategies On this there's no disputing what this is, but how you trade them you can trade them differently All right, this is just the way I trade it So if you're on this webinar thinking I don't feel like risking 23 even the s&p points. That's fine That's totally understandable one the volatility is highly increased So, you know, you better realize 20 points right now is nothing as you've seen, you know We're swiping 20 points at a time But I'm putting on this trade with a bigger picture Where I think because of what whistle, what do you see here? What happened? Since the last couple weeks we built balance we broke down Built more balance and then this was the launch yesterday when the fed met We'll write through this. I don't know this is a failed breakdown So I think if this trade especially for all the size that has come in Meaning the volume with all these icebergs in here that is fuel for a major run So if this thing gets motor in and I'm correct on my call This could go at least 50 points maybe 100 just like it did yesterday in one straight move Right, so that's how I'm viewing this And again, I have to risk a lot. Well, I'm risking a lot because the zones are so wide the zones are so wide Because so much volume has come in right so it is what it is I love tight little tight zones, but if you've got to play what you're what's happening in the market This is requiring me to risk This entire zone length plus an atr Right, so if I put this long if I get filled on this long I'm yeah, I'm risking 23 points or whatever I said, but I think it can go 50 to 100 So we'll see or or so now so say I get filled there, right? If I get filled my first exit is going to be automatically so that I've been doing for the last two weeks Just to have some kind of structured environment So the the hourly atr is 23 points So what I will do To stay consistent is I will put I will get out of half my position at a full hourly atr above here So I will sell so if I'm getting in at Above the zone hourly atr above the end so I'd be nice ice for so the zone is oh wait I will put my sell order to get out of half my position so that'd be one At 31 that's a full hourly atr and then I will let the other one run Until I see an opposing setup meaning I need to see a bearish setup, right? So say this gets motoring I get filled I get filled on my one lot here and then all of a sudden just keeps going and all of a sudden up here I see A dumb and dumber or an ice that comes in the steps of smarkin and I get the same setup the other way Well, I will get out of the full position, right? And then I'll look to flip the flipped position Um, but you can see here on this p&l So what I tell you guys every week trading is not a consistent You know, you're going to make a same amount of money or expect to make money every single day like a like a normal job It's stay in the game lose a little make a little lose a little make a little and then you catch The the big trade the trade that makes your month every year, right? And you never know which trade that's going to be so you just keep putting on your trades with your rules So you can see here most of these trades were normal and then I had a couple outsized trades So last week I think there's two at home. There was definitely I see it see this naziq trade This was on a two lot. I believe let's see I know I got that half of them on the full tier let's see I think this was this was on the I think this was on the bookmark webinar December 9th where I got and originally got in this I'm filled on now that he has traded by the way So well, I'll come back there in a second What's the date today 16th? This was last thursday, right? So I put this on in the webinar Remember I got a two right away because I said I had too much side looked at the p This was last go back and watch last week's webinar. It was in the book map webinar Or you can write a question from Bruce I put on four and I'm like it swiped down You can see how quickly I got like way to have too much size on this was on the webinar And I got out of two and I had two on so I made this profit with a I'm sorry Right here with a two lot basically the first first two I got I took off like it was a 15 point swipe I was out because I made the wrong size on So my point is I got out of one of those at an hourly atr at the time I think it was 100 points and then I held the other one until Basically the close I never got an opposing setup So I was short and it you know, it did this all day Screwed all the traders that get freaked out I just held it because I wasn't getting an opposing setup And if I would have got out of one got one I would have gotten out Instead it came to the end of the day and I covered the tray and you get this out I keep circling this this outsize Trade site trade, right? You never know when it's going to come. So you just keep putting on your trades following your rules There was another big one tier two crew, I believe see So this is not right This is why my P and I was showing 28 000 or something with that open trade that it's recording So that's what I've been going back and forth with I'm about but don't count that That's not an outsize winner Trying to find there was one other crude trade that I caught like 150 ticks on I can't find it right now. I think it was I think it was just this one here, maybe That was more than that. But anyway Point is you want to just make yourself available for every setup And then when you catch the runner, that's when you have your month making your making days All right, so we are short or we're long here ATR is currently 6.68 so we're around around up to seven so I'm going seven points below this zone for my stop-up So it's all the way down at 88 See right at Spokane level go just below the Spokane level All right, so that's what I'm risking for this trade based on this This iceberg zone That kept coming in and that's why it's expanded. I had it like this originally and then came lower That came in and how does that zone and that's what I'm trading off of No questions Bruce No, really really quiet in the questions. This whole week has been kind of quiet in the questions to be honest So we're still in this zone in gold and waiting for again I hope it's long because the bigger picture is long, but I will take a short in there depending on what it does out of that zone See one as I did the bottom of this zone was 4750 So you can see here if so say you did get long so say on this We just talked about this where this did not get a full ATR above this zone But it was pretty close. I got within three points Here's your retest here is your failure. So you said, you know, and I want to go long Well, if you're if you're following your the ATR rules five minute ATR, it's 30 30 still 38 points over 38 points. Well, your stop goes 38 points below this zone the shallow zone You would not have been stopped out Then you would still be in the trade and that's why I used the ATR, right? So this zone was maybe it wasn't safe 46 say 48 So do we get down to 10? Sure did not So the stop would have been down here 38 points below that zone. I would not have got stopped up You see how If you think these elbows on trading off ATR you're sad the mistake. I mean you could see this was real close to the ATR and what I usually do on top of that I'll go in ATR plus a few points because I don't want to be stopped out at an exact ATR And that almost got there We saw on the way up and almost got there and on the way down If you don't want to be ticked to the exact ATR So I will go a little outside of the ATR I'll go like five points usually four or five points in an Aztec right So my stop actually would have been down here But the point is you would not have been stopped out either way And that's why I do that right to know This is still technically a stop and hold right There's a stop run that's this there's your ATR or didn't get a full ATR. We actually really don't even Technically know what this is yet because this is not cutting a full ATR above or below But like what the example I was given if you guys said hey, I don't care Came close enough. I'm gonna go long He would still be in the straight as a stop and hold setup But we don't know what that is yet All right, hopefully I'm not confusing you guys So now on to this newest thing, which is pretty unbelievable Got a few questions coming in. Okay First off, I have Boris is asking Scott. How do you fare in the in the COVID crash? How is Bookmap able to detect algo selling en masse? I don't really understand that question. Bookmap detects everything. Well I I guess like you know during the the COVID when you know back in you know a few years ago or in February March You know when you were trading then I guess Just about volatility is the question And trading and volatility. Yeah, man. It's the same stuff. You just you have to this is exact You know doesn't matter what what time period is the setups are the setups the volume come in the real-time volume coming in Is the real-time volume and you have to adjust to the volatility. So it doesn't matter what the scenario It's all right in front of you, right? You just The things that you really have to monitor with trading these zones is The volatility in the market and that's why we're using the ATR and you're in your size that you put on This is this is number one number one thing you should be paying attention to before any setups before anything else You need to be putting on the right amount of size To not blow out your account because it doesn't matter how great you are calling setups If you don't have money to trade them, it really doesn't matter. So you have to protect your account first and foremost again You know most guys think hey, okay. Yeah, I might stop limits a thousand dollars for the day I'll stop if I hit that The odds of that happening unless you were like a zen figure like you're a monk Where you can just be that calm and cool and they're like, oh, well, you know what gosh darn it They beat me today very very unlikely right and you think you could do it and when you're level headed I think I could do it But when you get in the heat in the moment and you start getting your head ripped off and you see your thing down Huge money, you know, I talk about these stories all the time. I'm not going to get in again Get on the weekly webinar as you'll hear them over and over and over how I've lost Hundreds of thousands of dollars two different days I lost eight hundred thousand dollars in minutes because I did not respect my loss limit for the day because I was not Thinking clearly, right when you're getting killed you do not think clearly period You will bring up how many guys everyone on here who's been trading any amount of time could attest to this How many times have you gotten killed in a day or lost a lot? You go back that night or that you know when you're cooled down or the next day and you look at your trade And you say what in the hell was I thinking when I put that trade off Well, the point is you were not thinking there's scientific facts on this how your brain shuts down and things are invisible to you When you get emotional, right? So the point is you need to circumvent that however you can So what I tell you guys all the time is you need to contact your broker and tell them I ask them. Hey, do you have a stop loss limit for my account size? uh, or for my account Automatically where I could say hey shut me off with this most of them do If they don't then you want a new broker first and foremost because Brokers want you to stay in the game because if you're not in the game, they can't make money off of you, right? They can't make money off your commission. So almost every broker will do that for you You need to get that in place first and foremost, right? And then you need to respect your actual independent You know your individual trade size limit, right? You're not you're not going to do this for you Say you call your broker and you say so say you have the $100,000 account say you have a $10,000 account You call your broker and you say hey, I need you to shut me off it If I hit $600 or you know, give yourself a little leave with commissions You can say 700 bucks if I said if you have a $10,000 account You're losing more than 700 bucks a day. You're not going to be alone around very long So you tell your tell your broker if I hit this you shut me off and all they do is they show off your computer Where you're trading abilities and you can't trade until clubics opens at five o'clock Or five o'clock central where you have a much clearer at it, right? I know this sucks Trust me it hurts to lose and then be done and be like, oh my god, I kind of made it back Trust me over the long run. You're not going to make it back and you're going to you're going to blow out your account So please follow this rule. I don't want to get into this like anywhere every week Is in depth but you you definitely want to follow that first and foremost because if you know it doesn't matter You're not going to be around to trade and you're going to be working for the man for the rest of your life I'm assuming most people out here want to become independent traders And and do this for a living well, you need to follow the basic rules Of account management if you want to do this for a living if you don't you're not going to listen to me That's the whole point of getting on these webinars and listen to me It's from 20 plus years of trading great and horrible Where you guys don't have to go through the horrible side. You can be like, okay, you know what? I'm not going to let that happen to me. I'm going to I'm going to get this set up So I don't lose 800 thousand dollars in a day, right? Obviously, hopefully no one would ever lose that like I did but That happened twice because I just would not respect my rules and I'd have another 1.4 million dollars in my bank account If I just would have got out at the hundred thousand dollars. So again, I tell that story all the time But yeah, you just want to keep going to that variable but you want to These setups are the setups it doesn't matter if it's the most volatile market in the world It doesn't matter if there's a new COVID strain. You follow your setups. You follow your Volatility rules with the ATR and then you train them, right? That's it What's the other questions Bruce? I think that's pretty much it Yep So, uh, yeah, if you want to go on to uh, I think you're about to cover the sweeps Yeah, you're gonna have to explain it a little better too, but you know Between this so there's two different things on here And I again, I don't know Bruce. Do you need global plus for the sweeps or is it for the regular? The regular global plus. Yeah, okay So you have two different indicators here and I'm getting questions in my room because we've been watching it this week I'm not trading off of it yet but The way I'm viewing it and Bruce can chime in here as I talk about it So these setups are just as important or this market action is just as important as icebergs and stops, right? Because what these are is somebody dropping in size in the order book, right? So let's come to you stop stop sell and queue 170 degree contracts I'll get back into this. Let's actually we'll see this real time All right, so if you did get along that you got sucked out But I did not that never got a full ATR above there. So I did not put on that long I am long. Yes, though. So that's probably not working out real well right now So you can see this and you can even see what look at the sweeps here. So So this is this the way this works, right stops are always going to be sweeps But sweeps are always going to be stops and I'm going to show you instances of that right now Earn a little bit, but right now let's draw this out. So this start you can see where it started This sweep would calm snakes in the room Till we find a better because I look like snakes until we find a better Term for them, but I have a feeling we're gonna have some incredible setups with these and I'll get into why in a little bit So anyway, this is the stopper right and just makes sense that they're sweeping the book because you have to sweep stops I have to sweep to get out of positions, right? So there's your zone So now what we will do is we will wait how this reacts to this zone and we'll either go short over the law Once again, what are we doing? I'm waiting now now look at the ATR. It's up to 40 We'll say 41. I'm gonna round up. It's 40.42 41 points You may say that's ridiculous. I can't wait for that Okay, well then you're gonna because you're gonna be randomly getting in and in the middle of nowhere because That's what the volatility is right now. So I have to wait for either 40 points below here Every test and fail or 40 points above here every test fail and that's why I'm trading So let's take a quick look at the bigger picture to see this may be an a plus up So this up here would have been a great a plus setup when you got that shorted when I was showing you guys pre-market because this is This failed right at the side. So this broke down We retested this and this held where it should have to remain in an intermediate bullish state This market is still immediately both intermediate bullish even though we did this We did break out of this but this is not as big as this one first and foremost And we showed we're still intermediate bearish because this could not get through this high volume And then here we are This right down and you know, we're at now isn't a plus here, right? Because this could do anything. This could just start building balance What you could do 838 com breath So if this comes down to this you could play along off here, and this could be So and you Get some size coming in now, so let's do and there you go. Here's your snakes. Here's your sweeps All stops are sweeps not all sweeps or stops Hopefully I'll get a chance to show you this But now we have back-to-back setups Right and I'm going to trade the most recent one Even though they're right on top of each other, you could make this one big zone So I want to incorporate all the prices that happen in there. I'm going to make these different colors so we can Separate the two So now we have back-to-back stops. You can see them What the zones and you can see I'm awesome with the sweep. Where's there you? This way I love the sweeps because it's so much easier. I know we have icebergs on chart The iceberg stuff's in chart, but this makes it even easier to draw the zones. I love that Right there right there Right. So now again, we still don't know until we go 40 points 40 points How we're going to trade this Let's see how my es is doing. It's not feeling like it's doing very well. That's not good. Let's see. All right, so Where are we? Well Came in here Still almost got ticked to the exact tick on my entry, but we're still this has not violated the zone yet, right? Something new came in. Let's see. This is 1200 ice, cell ice in the zone. So this is the most recent setup. So I will draw this Make it a different color. It's a setup. The zone is inside this zone, right? This is definitely threshold and we'll go over the sweeps here too. So Should I got all the San right here? It's black so The cipher that's that ended right about there Yeah, I get questions all the time. How do you draw your zones? All you got to do is get your little cursor here across here and you go see where it's spiked where it started And you can see that sweep that snake right there Getting I call the sweeps snakes and then that's ended right around there and that's your zone All right. So now you got a zone within his own, but this is the most current setup So what you could do here, you know, if you really wanted to I'm not I'm just gonna leave my original stop in here You could go a full atr This is a full atr Oh, that's why because this is lower. So I'm playing off this atr or this stop was based on this So but what I will do here is I will I could trail the stop I can move it up now Because of the new setup, right? So if this gets an atr below here, I could stop out of this most because this is the most current stuff that came in What's this here? Watch this. This is not threshold, but still inside this So the bottom of this zone is 97 atr is 7.3 So we'll say seven and a half that puts me at 90 and a half I'll just leave it there because I want to go a little bit outside of the atr anyway, so but this isn't a brand new setup So what could I do here? Well? So if this does say this this is what happens this comes down stops me out Or even if it doesn't stop me, I'll so say it gets an atr below here. It retest it fails I will get out of this position because of the new setup and I will flip it short or if this holds And it comes up here atr retest fail I can add to this trade and play this as a brand new setup and I'll have two units on right, so we'll see how that pans out So we're still in this zone here Most trick gold hopefully we're still in this zone and gold So up here So now where it's just waiting I forgot to put on my camera Clean on my desk So you guys can see the mission control change this so you guys can see these monsters You got me bruce. You got the mission control? Yes, sir. Let's forget to do that. All right, so we're just waiting to see what we do out of this zone in nasdaq See which way we're going to trade it See if we can hold this zone In yes, which I'm hoping because I'm already long but again if this gets an atr below here retest fail I will get out of this because this is a new setup and it's bearish now We'll show Let's take a look at Yes, bigger picture. So this still looks really bullish to me, right? This looks different from nasdaq nasdaq did this Held this and fail this got right through it. So this is a fail breakdown So this looks bullish nasdaq's bearish and all we're doing here is really building balance right now above balance So this looks bullish So the way you can trade this as far as your a plus setup If this breaks out of this to the upside, this is making new highs If it breaks below, that's not really a plus to me because again This has been violated if we move down to here and you want to go long This could be an a plus trade on the long side, right? Because We would just be retesting the top of this or the i-viton node and this still will remain Intermediate bullish. This is intermediate bullish nasdaq's intermediate bearish. It is what it is, right? I know it's conflicting, but this is going to be really important. You see what happened here. You have a buying tail, which is one of our four Major areas of charting and then you also have directional conviction at the i-viton node So I can promise you when this thing this thing comes back here, which will probably be in about 10 years if we ever sell off This will you will see reaction if you don't see a reaction That's going to really tell you something and that means We're going to zero It's not going to be good So my point is if we pull back to that area that could be an a plus setup for our longs So let's see what's going on here Let's go in here The other market I'm watching there wasn't much of stuff that fired up in soy beans earlier It's here. It's just still on the zone yet 300 cell ice right at the open and we'll get back into these sweeps as well 350 250 250 So you're talking about almost 1,000 icebergs cell ice in the zone So what do we do here same thing we do in every market doesn't matter the market you're trading guys and girls buy him as value This atr is 1.86. So we'll rub it up to two So basically two points out of the zone either way If it goes two points retest failure I get in at a point or a little more trying to go three quarters of an atr To go long and you can see the liquidity up there. So that's probably where we're going because the liquidity is magnets or if it goes ATR It does fail. I'm sure you don't know until it gets out of the zone Remember these are loaded up traders and it doesn't matter what they're trying to accomplish I can hear guys right now. Well, what do you know? You don't know what they're trying to do They could have been hedging options. I could have been covering positions Okay, well, there's someone on the other side of the trade somebody is caught in this zone when it moves out And that's the basis for the moves. This is fuel for the moves That's why you will get an outsize move once it breaks out of this area on the zone So back to the sweeps This is really really interesting because Let me find one wonder wasn't uh icebergs So let's even look at these stop runs, right? So this stop run So out of this out of this sell stop run Only half of them less than half of them were actually stops. The rest of them were actually Guys sweeping the book. You can see this. There's five. There were 500 sweeps here, right? So that's interesting. There were sellers on top of the of the sweeps Like let's let's look in an instance where basically the sweeps who are all Are all stops, right? I saw some earlier in gold See, I think this is it here No, pretty close though. So this so this sweep Again, all stops are sweeps not all sweeps or stops. I'll find some instances here But you can see here this stop run And you can see so it's color coded for whoever the passive Passive party was right so black for me. I you can change to any color you want Are you coming here? I need these because I'm colorblind So I got to make a black and white especially with all the other colors on the chart But you come in here. So I have For gc. I just want to see within one second 300 contracts I make it pretty substantial But then you can change it my here's my colors right passive sellers passive buyers. What does that mean? That means they're just sitting there in the order book and someone's sweeping them, right? So it's not showing you the aggressor it's showing you who is Sitting here getting the order the order is taken, right? That's that's important as well. That's called responsive responsive sellers We're gonna I think we're gonna change that wording and also colors because the sweep is more about the aggressor but Um, anyway, right? Well, I mean all you got to do is make the colors what you want and just say yeah, yeah And I mean I can make these whites and say that was the aggressor. Yeah, exactly exactly. So um So you can see actually this was 546 sweeps And out of that 546 Zoom in there Scott like really really zoom into that area because like this is where it gets really fascinating And and you can see precisely you see the red line there That's when that's when the stop started to get triggered Right And we know that you know, since it's mbo Data that those are stops So interesting as you can see This hunter lot sweep 96. That's what triggered the stop run That's right. So this is what I'm saying. So you can see that these came in before the stops run started So this buying and you can see This is this buy bubble Someone swept the market. These were passive sellers that got the orders taken from them, right? And then this sweep Started this stop run Right and then you can see what followed that. Here's your stop run So these sweeps were actually the stop run. This one was not like I said All we all stops are sweeps, but all sweeps are not stops. This is actually 25 and then 70 here We're the same place um Yeah, I mean Technically a stop isn't really a sweep. It's just it's just a stop. I mean like uh, Well, you're still sleeping. We're still sweeping the book of the price. It's still an aggressor right Once it like sweeps at a tick that that would be a sweep Um, so right if there's enough size there to take to take that order Subsequent prices to get out of the york, right right and and you'll see I mean like this is in this example here Like uh, just for those that have questions about it Like uh, we'll cover it during the the weekly, uh, or you know, the daily webinars, uh, the advanced webinars I'll zoom in and we'll go through the details. It is important to kind of understand what the distinctions are like scott is describing here so, uh But you'll see like how these markets actually truly work And then you'll get kind of a different perspective on understanding these sweeps and stops. Uh, so Anyway, I won't take any more of your time scott No problem So I'm gonna I like hearing about it too because it's fine. We're not using this in my trading yet But I it will be when you see some of these examples that I'm gonna show you hopefully I can find some good ones. Um So this was 39 again at r is 42 points So we needed to get under 16,000 and that did not happen. So we did not get an atr below this zone yet This most current Again, you had this And you had this But we're trying not to the most current one All right, so If this would have gone a full atr and that was retested and came back out I would have been short But we did not get just like up above. We didn't get the full atr. So I'm just waiting On this one. Let's see if we're still alive in the s So I'm in here too I so why this is really interesting again, we're just starting I've just been watching this the last two days like I literally texted Bruce two days ago asking him about it like What it is, but the thing is If you start seeing some of the size and these sweeps Well, a lot of times it's putting the icebergs in the stop like we have ice thresholds, right? So 700 icebergs is a lot Um or trading it's tradable, right? That that's a market moving size to me You know, and I've been watching this thing for two plus years. So I know what what value so those are the thresholds I use in my course, right? So meaning you got guys and I still have some guys in the room I still do it once in a while like you'll see a 300 lot iceberg in the s, right? Like hey, there's ice in the s No, that's not worthy of trading like that. That's just that can happen for 85 times in a day You want to see outsized? Icebergs outside stop runs That's worth trading. Otherwise, you're just basically trading nonsense, right? So that's why I have the threshold So my point is for icebergs. I have 700 is threshold. So any iceberg that comes in over 700 I will draw the zone like this one was 1200. I'll draw the zone This one was not it and draw the zone, but it was still inside this that didn't really matter But if you look at some of these sweeps They're monstrous, right? So let's see. I want to see I want to find one. That's not part of an iceberg or So my point being you could use You can use that information to to draw zones just on that because it's it's just a different type of order, right? So we have stops we have icebergs But not not all traders use icebergs, right? Some traders some big traders just like to or stops They just like to sweep the order book, right? That's still an important that's still important information So this could this is a whole nother This could be a whole nother setup trading opportunity, right? So you can see here Like right here. So this was neither big icebergs nor a big stop run somebody swept 1200 So if I saw 1200 ice, I'd be like, wow, that's a lot. So why am I not? I'm going to again. I just started to watch this but this could be this is a whole different setup, right? This is somebody you can see the buying bubbles that ran over these resting the black dots That's the resting cell orders in there. So this area is very significant. It was 1200 Contracts that came in the market. That's still important even though it wasn't an iceberg wasn't a stop run. This is very important So you could and I will once I watch this enough you can see this works I mean, look at this. This works just like an iceberg. So say this is an iceberg. What will we do? Well, we would draw the zone Right, here's your ice. Here's your zone. Well, what happened? Hey, look at that at our move away Here's your retest. Here's your failure, right? So this stuff is going to be just as if not important Then the icebergs and the stops because the size a lot of times is so much greater Like we've I've seen a couple times. I've seen as like this morning. Look at us This is when I was watching this morning and I didn't put on the short because it was pre-market and because I saw 200 points, but Besides that, like look right here So this is showing between these two and this was not even a ton of size 126 and really no stop run 100 or 136 ice. That's not threshold for me. I go 150 But if you combine look at this, this is 700 Contracts In nasdaq that is a ton if I see 700 ice. I'm like falling off my chair There's actually more than that S&P iceberg cell es 701 contract like right now. I'd be like, well, that's less than ps iceberg cell es 700 for contracts back to this but you can see That's not the whole market. This is going to be a whole new set of setups Once I I got to go back and you can go that's what's great about See what's going on here. So it's great about book map. You can go back and you can replay The airbricks Yeah, yeah, uh-huh big book that just crashed again It Rhythmic closed because of the following reasons simultaneous log it That same exact thing happened to me last week. You see I lost all of my I mean that's I mean, uh We'll work with you after after this webinar Because Book map didn't crash Well, I know but what something's happened with rhythmic I Understand nothing. Yeah. Yeah. Yeah. Yeah. I mean, uh, this is a rhythmic issue. Um, I don't know what it is Minds how the real issue is. I just lost all of my iceberg sweeps. All that data is gone Yeah, yeah, that's not good for a long train. Yeah. No, it's not the sweeps. The sweeps will still be there So, uh, well, we'll add connect to rhythmic again and This is rhythm I connected now. I'm frozen Again, the trading is not hard enough. See there's no sweeps in here. Now. Here you go. Okay. We used to have those All right. Yeah, those will show So why could they show those but you can't show the the prior icebergs? Uh, because this is is a very simple condition in the in the sweeps. Um, that a time and amount that traded And the the mbo data is the metadata that's coming from rhythmic and We can't Offer backfill data on it. It's just way too heavy Okay. All right. So I'm gonna just draw this zone. We we heard the ice coming out I don't know exactly where it was because I just lost all my iceberg data, but you can see the sweeps, you know It was again, it was pretty confluent with this. So this is the zone I will put a trade on it off this zone I'll add to this trade if it if it holds if not, I will get out Meaning if I see because it's the newest setup, right? We heard it was cell ice. I just lost all my data again So but if this comes here, you know, again, ATR is 7.25 So if we get seven seven and a quarter points below here retest fail I will get out of this position and go short if we go here here here. I'll add to my long But this is just completely Especially nasty because I was really eyeballing that zone and I just lost all that information So we'll draw it here so you can see this sweep Right here somebody swept down this I think they said it was I think it was a stop actually you can't see it on here Yeah, so that was all stops 903 And there's my connection close. Here we go Well, there isn't simultaneous login and when I was just sitting here doing absolutely nothing that makes no sense So anyway, that was this so this was a stop run Right here. So we'll mark this up Sorry guys, I can't really control what might happen. I'm not kidding here. I've not had that problem one time since last webinar Let's just we'll just leave it this car. All right, so I will trade off of this zone So the nervous zone that came in 300 salt stops all right You gotta roll with a bunch of those my grandpa used to tell me I want to break a screen right now, but you got just accepted and live on See if I can get my uh, soybean zone So any questions versus our chartered Yeah, yeah, we've got a few a few questions in here. Um Uh, what settings you have uh for your stops? Stop sweep indicator Sweeps is just a total stab in the dark right now again I just so what I was getting at before that nonsense just happened is With book map you can go back and you so this is my question for you Bruce too So if I go back now that I have this indicator If I go back and replay days will this all disappear Will all the sweeps occur even though I didn't have it, you know a week ago If I go back two weeks ago, will I see the sweeps on the replay? Yeah, yeah, yeah That's awesome. Right. So right there guys, you can go back, which I'm gonna do So I'm gonna be doing this weekend. I'm playing golf on Saturday But other than that I will be in here replaying days to see like right here like look at this if you told me There was a 700 lots Iceberg order in Nasdaq. I'd be like, oh my god, that is just incredible. That's huge So this is what I'm trying to get at is these are going to be their own separate setups At a certain threshold and again, someone just asked and I don't know what it is, right? I don't know For sweeps, what is a lot like if this was iceberg? Like I said, my mouth will be watering sweeps could be a different type of threshold where it's not That important to the market, you know, I mean as far as if you draw zone or not So I will know that because I'm going to go back to you guys can do the same thing You can get in there and replay the day and just watch day after day after day after day Because you have that ability if you don't have all those feeds that my room I give my room access to all my feeds for the entire year and you go back and you just replay your data And you're going to see this but This is very exciting because this is like another it's like the seventh point of the world It's going to be the seventh setup So Anyway, you can see here. There was 300 here 300 here So what I'm going to do is I'm just going to expand this zone for right now At the end because I lost all my all the data. So we're still in there. So hopefully that's making sense, right? So What happened here is Actually, did we was Yeah, this is a whole different setup, right? So this was these were cell stops here That's where I originally drew that zone. Someone came in here and swept the order book So this is exactly what I was telling you before all stops are sweeps Like anytime you see a stop run, you're going to see sweeps But this was a sweep that was not stops. I mean, this was like 16th. It's not incorporating 700 So this has to be important because this is it's just a different condition of the market But these are still orders. There's still traders caught. Someone just swept there. So whoever swept there They could be wrong. You know, again, you you don't know why they were sweeping It doesn't matter because there's someone on the other side of the trade So someone just got run over if it moves out of here, they're going to have to puke if it moves this way Either way, this zone's important and you can see the snakes called snakes Here's your stop run and then you had this there's like a thousand contracts invested in this area That is very very important information. Whatever way this breaks is going to be a big move So that's very very exciting and I we can talk about in the room for the last couple of days I can't wait to go and make that this is going to be a whole new element to the trading If you can't Scott put on your stop iceberg track indicators as well or on chart on chart indicator Those are on as well They are okay Maybe this this change is this is so high Because when you this is another thing that the developers have to try to fix I know they got other things on play but when you so when I rolled the contract It'll bring in settings For another product like it won't stay on enqueue. So I'll have settings for another product And then it'll also for my alerts. It'll be like they'll just say yes, even though it was enqueue that I brought in You're not you're on the bug. Yeah Yeah I know they have bigger things. It's not that hard to go back and check in and but it should be if you bring up Enqueue you should have the same settings that should have lasted enqueue month right So that's why you're not seeing the That was on way too high for the on chart. So now I changed him to 150 stops showing 150 iceberg showing 150 Okay, so what else you want to see here then zoom into to that that black Yeah, stop I'm gonna get you saying snake before And Yeah, you might have to to bring up the uh or bring down the the threshold Still because there's going to be some stops in there for sure For stops Yeah, bring it bring it down to like um, no not not in uh icebergs that stops. Um, well, I'll just bring it down to like 10 Let's see that 50 or something. I'll just make it 10 Yeah So and then zoom into that area. So there's 42 at the top there. Okay, and so so and then keep keep zooming in Um, and uh So you you'll see when the like like you were kind of showing before like here's your your book sweep now You know, we don't know we just know that there is an aggressor It could be a larger player that just capitulates, you know and just says like I'm out And they sweep the order book like this or you know, maybe there's a whole bunch of people just buying hand over fist Like we don't know. Um, however at a certain point in here And we don't know actually know that either where the stops were triggered. They could have been triggered way down below Um, uh, if you maybe if you showed bested an offer as well, um, it would uh I do that So, um, where your trading panel is like just the tool to the left of it on the the no the, um, uh padlock Icon. Yeah, click on that. Yep. And then, uh, best bid and offer. Yeah So what's that showing? So, uh, that'll show the the the best bid and offer. So that the zoom zoom out a little bit just a little bit A little bit more. Sorry Out zoom out out out I hear Oh Zoom out further out bigger picture You mean zoom in? Oh, okay. I'm sorry. I was thinking. I'm sorry. Okay. All right. So so and then and then now now I'm sorry. Now you now you need to zoom back in a bit. Um Because like yeah, because you can see where the That's this line. I don't need that. Yeah Zoom in a little further a little further because you'll see and you you'll know that this is an atomic event where one event took place And stops are being triggered along the way here because the best bid and offer updates afterwards So we know that that is one event that took place there And uh, there's a lot of there's 42 stops that were triggered in there now now zoom into the the the um Yeah, the that little area there with the the you know, the blue dots. Um, so that's good So you can see like Like somewhere along the line like these these are aggressive buys and they're going to trigger stops We don't know where they're being triggered But this is why you get slipped because at the end there This you see the the and it's almost it's almost always at the end Uh, I think it has to be at the end basically, um, uh, you'll see when the um It was a little bit before the end, but then it ends with the stops because they are at the end of the aggressor queue Basically, so they are getting stopped out at this is why you get slipped. This is you see that the stops start to Um, they all trigger at the end there. Uh, and you can see precisely when they start to um trigger or Not trigger, but when they start to uh, transact Explain what you mean by slip slippage where you get filled out because from this whole area. Um, let me take a look. It's uh from like 16 Uh, oh 50, uh, right there on all the way on up to 16 0 56 Okay, that that whole area there might be stops in there, but we don't see them We see the stops actually triggered right where that red line is for the stop Um, uh run Yeah, those we know that those are stop transactions Okay, but we don't know where they are triggered because this is one event That took place So this one this one trader the aggressor if he hits market buy And let's say he's getting out of a position His order is going to fill first And it's just going to it's going to trigger or you know, um hit stops along the way But they will not transact until he is done transacting first Make sense right So that's why you you get slipped like this Uh, and uh, and you know and you can see it. It's just it's all here on the chart. Nothing's hidden. Um, the 42 uh stops and we know that those are stops Are at the top of the uh of the range there. Uh, so, uh, yeah, I mean some some guys, you know, if they put their stops in that You know 16 051 uh or something like that. They're like, you know, I just lost four or five points So so that so that's the way. What did I do wrong? What did I do? He does they they favor the market orders before stop runs. They put the stops in back of the market orders That's right. That's how it works Well, it's not that they fail. No, it's it's the aggressor the aggressor puts it in order um, and that I guess that makes sense because why should they if they're the aggressor why should they suffer? That's right. I mean if someone someone no, it's like, here's my order, you know, fill me and like, uh, This is this is when we really get down to the nitty gritty in these like granular uh, um, you know anatomic uh type of uh events here This is Exactly what occurs. We're right on my point is to say okay, so say the aggressor comes in to this The aggressor right near to here He can say he's got 300 to transact. So he sweeps the book with 300 We'll say there's stop a bunch of stops at this price, right and it triggers the stops But he will get his entire fill before they'll fill the stops as well That yeah, that's that's Important I didn't know that Yeah, that's how it works. Um, and uh, then uh, I mean it makes sense too like, uh, you know, your order came first And you transact first And then, you know, these stops are they they're they unpack along the way But they're at the end of the kind of aggressor queue basically his order Is has precedence because like that's what came first and And then at the end you're those people just got stuffed, you know with 42 at the end there And you know a lot of people are really upset about that kind of I would be I mean that's like six or technically right they could they could have technically been like down here, right? Because this guy wasn't fully filled. They got filled up here. Exactly. That's not fun. Yeah, exactly so anyway, um Yeah, it at these granular granular levels and now now you can understand though Like look at that again though and how you notice that that's kind of a high Right, right. Well, that's that's like maybe I mean, I'm I'm extrapolating this and starting to maybe think well, okay Then that's a larger player puking maybe Because they said I can't handle it anymore Right and uh, I'm out right So uh, and it doesn't matter You know, whether it was puking whether it was initiating there's someone on the other side of the trade So that's what I always say. This area is what is important, right? You're you're never going to know what they're trying to do ever Unless you're got almighty Exactly exactly but look where the that pullback came to Right where that large transaction took place, right? Well Well, that's why I do the zone this incorporates this step right on this I'm waiting now if this retest I'm going to get short because this is now an atr below the zone is too This is what we're waiting for Right, so so the Yeah, and I would love to see And I know this webinar is going on too long And I'm sorry to to hijack some of it Scott but but since you were covering this I thought maybe I'd go over this And try to kind of educate everybody at the same at the same moment here the It would it would be nice to see the the difference the kind of delta between stops And and the sweeps or the stop runs, you know, or sweeps I should say so how many are real, you know, you know stops versus Just aggressors And you can start to extrapolate some some maybe some significance from that as well Well, that's what this is telling right? Yeah. Yeah, exactly So again, now you can see the 63 stops and you but you can see 7 723 of those were aggressors. So again That is a ton of size for Nasdaq. So my point is You know, once I There's going to be thresholds for this as well for these sweeps But I mean this is just going to be going to be just as important for zone drawing as the stops and icebergs You know, once I once I really dive into it and anybody can dive in I can do is replay your days But this is you guys don't understand this information that you're getting here I tell you all the time I worked for you know for a couple years at Wolverine trading and they had quants that would come up to you every day here here Look at this try this try this see like this that you have the same thing in bookmark But this is incredible information like people staring at this Have no idea like you can be the greatest charbous on the planet. It doesn't matter. You don't have all the information I don't care wouldn't it behoove you to know? Okay. Yeah. Well, I'm looking at this balance area But hey, I just saw there's 700 swipes right there. They're caught right and you know, hey Say this was an important zone. I had this from other stuff, but you could say wow, that's That's great information now. I know like I already wanted to buy this zone But now I know what just happened there that just that is incredible information you guys I just don't think a lot of people realize the edge that book map provides when you know how to use it It's just Yeah, I I I have to agree with you. I mean, I'm pretty pretty spoiled Myself. I mean dealing with the team And them covering and going through some of these things as as they're developing them. It's amazing. It's it's it's really Amazing to to you know, see what they're coming up with You're like a kidney candy store so it's You know like santa's workshop or something It's just like wow, that's great Listen, it doesn't matter How many algos how much big money blah blah blah you can't hide buying So no matter what, you know, they're trying to accomplish when it all is said and done you can't hide Transacting orders and transacting orders are what What drives the market not algos screwing around with the order book that don't really fill Like bruce posted something the other day I didn't want to comment on it because I didn't want to ruffle feathers at certain exchanges But he he showed you know a potential Spoof where like it was like this liquidity and it chased it down and chased it down and when the market came back up to it It just pulled right that's spoofing. So how does book out the book map see that but the cme can't see it Right, but I didn't want to publicly spot of that but it's the truth, right? So What really happened, you know spoofing is going on all day long whether they went in a minute or not The spoofing isn't what is important. Transacted orders is what drives markets So that's what you get with bookpap is you see what orders transacted not this nonsense, right? This is why you can't trade the order book anymore Because it's just fleeting nonsense that computers are you're not as fast as a computer But they can't hide this they could play games all day long with this They can't hide transactive life and this is what I trade off and what you should The the liquidity is you can't hide that either anymore. That's what's nice about book map I mean like it's it's plotted on the chart, you know, you that's why you can see the spoof or potential spoof Right, that's close to the other day. Yeah, exactly exactly I mean, I mean all we're trying to do is is basically take the data here And and give you more transparency and insight to really what's going on within it Just like you're showing that candlestick chart. I mean, it's like night and day, you know uh, you know, you're looking at maybe like a You know a formula one pneumatic tire versus like a Like the candlestick chart almost seems like a You know a wheel made of stone or something It's true So, I mean just uh some really big distinctions. I mean the the transparency into this kind of You know and these markets are are are available to us now. Uh, so, uh, you know We can take advantage of that right All right, so what I'm gonna do here. I'm gonna hop off here shortly, but I've been down almost two hours Um, I know there hasn't been many trades. I'm still on that long and he asked but what I'm gonna do here Now this did get a full ATR Below the zone, right this remember my stuff all went off But this was most current thing that happened to stop run We got 40 points below 39 points below the zone, right? That's that now we're gonna if we retest This comes up here and this fails and I go half ATR I should try to go through quarter ATR now again because I have ATRs be crushing me I keep stopping getting it at the exact tip So a half of let's say half of 40 is 20, right? I won't say it is but I'm just saying it's a little more than the ATR right now But so if this touches this it comes back 20 points Right around here. I will go short And then my stop is going to be 40 points above this zone Plus a few texts and plus a few points because I like to get out of the actual ATR Right, so and then I will hold that trade until I see a full hourly ATR I will get out a half Meaning I will stay short until I see 122 points if you think that's crazy It's not because that's what the hourly ATR is So that means I will hold this all the way down here I'll get out a half and or Say it only goes 30 points and then I get a bullish signal I will and then it does the same thing. I don't wait for the ATR retest to get out of trades, right? So say this comes down here, and this is how I trade, right? So this say it hits a bullish setup. Well for me to get out of my short the minute this pops out of here half ATR I'm out of my shoe To go long. I need to see ATR half ATR go on see what I'm saying, but I will not hold this for a full ATR That's the one they had to do in the last two weeks to for the room or I'm just consistently doing every time So again, if I end up getting short this I'm holding it for 122 points. I'm out of half 122 points from the bottom of the zone for the ATR Then I will hold the other half until I see a posting setup and a posting setup might not come in just like that I showed you that $10,000 trade. It was literally I had a one lot on for most of that profit And it just kept going and going and going until and there was no setup if there's a setup I'll get out if not I'm holding it. It just takes so much off of your mind where you're that nice PC You don't have all this conflicting thoughts like oh, this is done Oh, we're at the The third some even talked about standard deviation of view app or and stuff like that today But I'm not going to show that right now because I don't want to confuse you guys, but You're just you're just Simplistic buy and you'll be amazed. I just showed you that P&L again It's off a little bit because they had an open wheat trade But it's still like in the last since last monday it's up $15,000 just and I'm just trading this That's not trading big size. So if you're trading micros at the same size, you'd be up with a $10,000 account You'd be up $1,500. That is a great return in a week and four days trading nothing But buying setups regardless of where we are on the chart and the reason I did that again to show my room house and how the simpler you make it the better you do and Again, that's how I made millions of dollars. I didn't even I wasn't even looking at charts All I would look at was this and I'd watch how the orders came in Obviously, you can't trade this anymore. This is the same thing. So I'm showing you guys come in the room and you'll see You can make money just trading these subs by themselves period Let's give this one more minute see if we retest the zone I gotta get off I'm doing a lot of talking then first we got to figure out what's going on here with rhythmic I don't know if I need to contact them. I'll probably I'll probably be back in about two weeks on that Yeah, I don't know. Did you reach out to to second level support on This issue? No Okay. Yeah Yeah, yeah Reach out. I mean, uh, it's it's clearly a rhythmic issue. Um, and it sounds like I don't know somehow like Maybe it could be even be their broker. I mean like somehow like there's another login happening or something and it kicks you off Oh the thing. Yeah, I mean I'm not doing anything. You see I'm just staring at the charts and then all of a sudden just goes off I mean again, it has not happened. Wait. So by the way Make it out of this long gear because of this and yes Right, we got an atr below here. I'm gonna flip and go short now if this happens. So this was the zone Again, I didn't I lost all my other iceberg data, but this was this Oh No, it's only 300. So this was this area Right. It's snakes snakes There's again, there was there was other stuff that happened here as icebergs. This was that zone. Here's your atr. Here's your retest Here's your failure. I'm gonna get out and flip short Because of the new setup So half atr where are we at? We're at Seven six point eight six seven. So three and a half. I'll go a little outside that half atr. I'm gonna go four points See tested retested this zone perfectly. It's not it's not by accident So 94 75 I'm gonna go a little outside. I'll short at 94 So I'm getting out of this long because of the new setup and then I'm going short So if that makes sense So working that uh, this never tested the zone. So I'm not gonna short this it doesn't mean it won't right Just I'll go around for a while retest and then I will get short that as well All right, any other questions Bruce for a half off Yeah, someone was asking here about uh, if you're you know, your stop is reached Do you want the broker to flatten and close all your positions? So, uh, let's say you have other open positions. I guess maybe even swing trade I'm not sure exactly what they're referring to. Well, they're probably saying Like maybe you're in soybeans as well as the es and I don't I don't know Well technically good right because you can turn around so I know what you're saying So say your stop losses 6% for the day of 600 bucks. Well, first of all one trade You should not be at your daily stop loss. You should only be at 2% first and foremost But say it wasn't a plus to trade like we're talking about and say you are you said, okay, I'm going to trade 75 of my allocation today. So, you know, you can have a 6% loss on the day So each trade is worth 2% right? So you on this particular trade you're putting on 4% So all you can lose for the day is 6% So say you put on that for so say I put on an a plus trade So say I again I have my a plus trade and again, this is hypothetical Say I and I'm getting short here and I'm risking 4% of my My 6% that I can lose in the day So now that's working and now say this starts ripping back up and it's about to send me out But I have three other positions on that if they all lose now I'm at 10% Yes, you have to say tell your broker if you once you hit that because you won't hit it just with this trade Right, so say my allotment is 600 bucks for the day. So these are microbes, right? If I lose this trade I'm down 400 It doesn't mean you're still not at your 600 for the day You still wouldn't be stopped up But if your other positions are under water as well and you're at the 600 or more Yeah, you have to have your broker just flatten you out and get out Right, you might be a little more than the 600 for the day But you got to do it If you want to trade this as a as an a plus setup if you don't want to do that Then each trade will be 200 bucks That could still happen where you're you know, this trade loses in the other two are about to be You still wouldn't be over the 6% but yeah, you got to have your broker flatten now I know it sucks. Trust me take it from me. It sucks But also take it from me I'd have 1.4 million plus dollars in my bank account if I just would have stopped at my 100,000 dollar loss limit for the day You just got it. There's always another trade like someone yesterday in the room was complaining they missed a gold trade I said, well, there's another thousand thousand trades where that came from, right? So it's like There's always another trade. There's always another day. You're not thinking clearly even if you are you have to protect your account Move out your whatever you're seeing that day. It's obviously not working We you know get out Refresh go do something else and come back tomorrow And trust me the markets will be there tomorrow for you Put the stop in as well while we're on here I flip short Six, that's not a good 666 So i'm gonna go seven points above here Because I go a little outside there so 1075 is my stop out for this trade For the short Are you saying some of us? No, sir All right, that's gonna do it for me. I can't talk any more of my heads pounding Hopefully you guys aren't confused. We had a little hiccup again with the data, but we still were able to trade off this one zone now and then And if nasdaq retests the zone and fails 20 points below it Then i'm going to go short nasdaq 2 and then i get there as 40 points above the top of the zone This is the other thing though, you know, not all markets retest the zone So i'm doing this this week that's the last two weeks conservatively where I wait for retest sundays like yesterday When the fed met you had stop run never retested stop run never retested. So you have to decide once again This is the science the zones of science you have to decide how you want to trade right So i'm just showing this week so that p&l this the last Nine trading days has been nothing but waiting for the move at our way waiting for a full retest waiting for a half at I've changed it to three quarters, but and then getting in if I don't get that I don't get in like I wanted to get long yesterday in the equities I just it wasn't getting retested the zone so I had to sit here and watch it So that's how you have to determine. Hey, do I want to be conservative or I want to be aggressive There's going to be certain times that you can be aggressive Depending on how you view the markets one of them quickly before I get off We haven't really done this today either Is well divine So you can see yesterday It's a little quick here So this could be times where you say when I see a zone I am in this trade. So this this for instance this You could see this was the fed meeting He had Six almost six and a half time normal volume the next bar over five times all these bars were Oh almost three almost three almost four almost four So you can say I'm waiting for I'm going to be conservative with the retest I'm going to wait for the zone move away retest fail or in the sense this would be up But if I see huge relative volume coming in the minute I see a zone to say this was a stop run The minute it gets a half atr out of there. I'm getting in right? This is I'm just giving you guys examples But this could be this should be something you really look at is relative volume Then again on seara chart it shows you each five minute exact five minute period for that Exact time of day for the last 30 days. So I know at 12 o'clock Again, this was a kind of a different scenario because the fed but it's still a ton of volume coming in I know at 12 o'clock the last 30 days. This is six times more than usual That is very important information to know once again. You can't hide transactive. I this is just another way of looking at transactive all right Unless there's any other questions I am Yeah, I mean I've been putting there's a question on your you said you mentioned like a percentage off on your trading room, etc Maybe you want to put that link into the chat again Um, no, that was for that was for the trading this trader I just talked to him the other day and it was actually for my trading room But I'm offering it to you guys too because I'm just such a nice guy. Hold on My trading room probably won't like that so much, but they still get the same discount It's for this trader sink. This this is like Trader view. I've started using before this is like trader view on steroids. It's incredible I'm having the one issue with the open trade and I got to figure out that I was this one right here This trade is not open but Their support is incredible. You can see I'm going back back and forth with them. They get right back to you. It's awesome So anyway, the link I'll put it in again. Did that come through last time? Yeah, yeah So that gets you 15 off the monthly or 50 off the yearly And you have to have this too guys like I know this is brussel. I just heard by alert at rt 152 contract But I mean this is just so involved and actually in my trade room We're going to have a webinar on this in the next couple weeks are going to come in and show how to use this That's why I just started using this but you can come in you can so let me show you real quick What I did I haven't documented all these and you need to go in here But like look at this so I like this trade right here. This is when I was on the webinar So you come in here. Here's all your trades Here's the chart. It shows your entries and exits. Look at that. How cool is that? So this is where I got short on the webinar remember I covered it right away because I said I had too much on This was the hourly atr. Oh no, remember I added to this and then I got out of some you could see where I got I got out at the end of the day there because I did get in a posting setup Like I was telling you guys that then you come in here and you can see here You're running p&l and then you can I posted all the charts So again, this is this is so incredible and then so This is what you need because you want to document your stuff and you want to make playbooks This is exactly where I got short It's not shown here because I had to go back and replay the day because I closed out of my book map But this was on the webinar last week. This was right around the time of the webinar I got short I got out right away again I had too many on and I just showed what everything looked like at that time. This was where I got in on the five minute chart This is what it looked like on the hourly Right, and what was it doing here by Seisford by ES? 717 contracts, so I may be getting out of this short by the way Based on the new setup, but anyway, this was a fail breakout We talked about and this is where the entry occurred right there right below the high volume note This turned out to be a monster winner But you can see this is incredible and then I showed my exit actually this might be my second entry Yeah, this is where I added again. This was on the book my partner. So go back and watch it That's this thing is awesome by ES. All right quickly since I had this on let's draw this in hopefully my S&P I Seisford by ES 787 contracts remember what I said, right? I'm in this trade for an hourly ATR. We didn't discuss what that was that is 22 points I'd get out of half 701 contract and or an opposing setup this could be Look at this ice coming Good So let's draw this so quickly and then I'm off here, right? Where did that come in? Start coming in right here. You can see it popped up to here. So that's the top of the zone I'll change the colors. It's this is still coming in. This is 3000 icebergs on top of the the snakes. Look at the snakes 1400 1400 Again, it's part of the iceberg, but they're selling so whoever's sweeping this is sweeping right into a monster iceberg Think that's important information to know if you're short like I am Sure is so now what I'm going to do draw this zone. Where do I get out of this trade? Well, if I see an opposing setup, I get out a half ATR I'm just out of the trade and then I can decide what I want to do after that with the new setup, right? So what's half ATR? We're six point eight or six point six eight, so I'm going to say seven points So three and a half points out of the zone I'm covering this short if that happens that may not happen make it going And I may add to this trade. I'll show you that here real quick Every time I try to get off these webinars this happens every single time Bruce could attest So 94 50 is three net points. I am out of that trade out of that short So now I can add to this trade as well I may need to Make this zone bigger because there's more ice coming in But wherever this stops when this ice finally stops coming in You can see the little snakes coming in here too Then if it gets an ATR seven points retest failure, I can add to this trade stops going to go I'll put that if I if I enter re-enter then the stop will go full ATR for the second entry, but the first entry I'll get on half ATR So this is the way you can be adding the trades not like I so many traders struggle like when should I add? When should I get out? But this you can't get more regimented and rules-based than this and just do the same thing every single time Why is it showing me something too? I didn't even touch the mouse. What just happened there already I wasn't I don't know what it just happened there. I did not touch the mouse. It just showed me Did I have a resting order there somehow or was that my you know what that was? Oh, that was I think you did. Yeah, you had a resting order there. That was my resting stop from my original long Yeah, that was I know you've never seen this one Bruce. So this was an error. Look at that exact take So anyway, I didn't mean to short that right there and I'm probably going to take it on the chin, but I'll just put that here It's just incredible. Yesterday I had the same thing happen to me. You got it You know, I'm just like anybody else. You have mental errors. I didn't even see that sitting there I forgot to delete it. How many times does that happen to everybody? Right, just like you gotta you gotta stand top and what you're doing So that may cost me 10 points on a tula, which is not cool Actually, what I'm going to do here. I'm going to get out. This is what this happened to me yesterday And I sat there and I got and I watched My room members that are in on this webinar could attest the thing ran like I had a huge loss on it and I didn't even mean I shouldn't even have been in And I took a big loss instead of just taking your medicine if this happens to you, right? And you're like, oh crap. I didn't want to be short. Just get out of the tray Don't sit there and hold and hope and that's what I did yesterday and I got killed So that's why I just covered that of course, but it's fine. I didn't want to be short for I'll be short for if it does this Right there. I did not want to be short So here's another lesson at my cost at my expense If you do something on accident get out of the trade You don't need to say and hope we're not trade. You don't need to hope with this information Just get out and say, okay. That was stupid. I just cost myself by being an idiot, which I did You'll get a chance to get back in or by getting stopped out of yourself Don't hope yesterday. It cost me literally 30 point I had a profit in the s I gave it all back on that one mistake because I didn't get out of the trade immediately So once again, it's why you're on these webinars to learn from my triumphs and my mistakes and that was just in the sake All right. So again, this I will trade this I will add to this trade Officially, this was not supposed to be an ad if this goes at our retest fail. I will get in Or I will stop out of ATR and wait to see what happens All right, that was fun But again, good lesson for you guys. Yeah, this you guys have to be doing this in your trading. I know it sucks, but then you come down here There you go Here's my I forgot even journal this this part is tough And when you trade just take screenshots right away because if you wait to the end of the day like I do and I have 10 trades it takes like four hours Just screenshot right away and you have all this stuff and then just import it when you're done And you're going to start noticing tendencies playbooks So I brought took the short on book map webinar originally under a broken I said I had too many on for the size of this so cover two right away and then add it on So here I didn't finish this but Then you can journal things incredible again, it's trader view on steroids I don't care to this person because I had huge problems with them and they take five days to get back to this I don't care. All right, Bruce. I'm done ranting raving Hope you guys learned from my mistakes today and there you go All right, uh, excellent scott. So uh, yeah, this one was uh over two almost over two hours So I know you we started a little bit late there. So uh, you everyone got their money's worth. That's for sure Um, it'll take it'll take a while here for this to be uploaded. Um, these are all recorded And they'll be on our youtube page. Uh, you'll see it under the pro trader webinar Um, a playlist there. So uh, take a look for that Other than that, uh, yeah by scott conference Okay, so quickly I'm just gonna make this something PI size spread by ES 706 contract because you see it keeps coming in SM PI size spread by ES 703 conference. That's what it is, right? So now I still have to wait for a full atr below which just came in to retest or I could go along. Let's say if I get stopped out goes atr retest. I'll go along based on all the stuff that just came in Again, I'm just trading strictly our volume and nothing by profit for the last week in app So it just shows you can be done the simpler you make your trading the better you're gonna do All right, I will see you next week first and uh, everybody else. Hope you learned something today Or still be before christmas, so yeah, yeah one more before christmas. Uh, thank you very much scott Sure. Talk to you soon. Okay. All right. Bye. Bye