 Good morning traders and welcome to the live trading webinar today with Scott Pulsini. He's a futures trader as you guys know This is Bruce at bookmap the this is our live Advanced education that you get as this part of your subscription to global plus we do or Scott does this webinar every Thursday 10 a.m Eastern and And it's going to be some live trading taking some positions. It is in demo paper trading mode I'll go over that in just a second just so that you guys understand This is not a shadowing room like this is about learning our whole education This is what we have for global plus subscribers. You have the educational course you have daily advanced webinars every week Day and then two days a week Wednesdays and Thursdays. You have professional traders trading live You get the gamut of everything here. I Really, I'm not really too sure how us to improve the education If you have any suggestions, let me know I would love to offer something even better if we can Anyway, you're gonna see how Scott reads and trades order flow and how he optimizes entries and trade trade management here You guys all know who Scott is and the the history he has and the trading the S&P many which is just pretty pretty incredible it's You know, it's like a it's like a Hollywood story Anyway, here's Scott's Contact information. I will be putting this into the chat. He does offer mentoring and education You can reach out to him. He has an educational course On the bookmap marketplace. He has a trading room here his Twitter his email and his website. Okay Now let's go through this disclosure So you guys know what you're getting into the general disclosure all book map limited materials information 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 performances We get pretty close to it because our simulator it puts you in in the queue in the book So you will you will see slippage and you will have to wait In the queue, but still It's not it's it's not a live order Anyway risk disclosure trading futures equities and digital currencies Involves substantial risk of loss and is not suitable for all investors an 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 with that. I'll turn it right over to Scott and we'll Jump right in to the live markets here All right, you hear me first. Yes. Yeah David is asking for Kaylee to join if we could get that that'd be great. I don't know if she does financial Analysis so that here you refer to my history as a Hollywood story Well, yeah, I mean, it's pretty incredible because I mean with the ups and downs they actually they could make a movie on it Yeah, any any documentary film makers out there But the problem is my memory is so shot like from the PTSD from Being a millionaire to Matt. Oh that that was that was quite hard to To get over after years and years, you know, so there's a lot of stressful events. They're thinking, you know, there's a saying out there Having money and then lost it is Way worse than never having money at all because you you know, you kind of know that the lifestyle the feeling and you know when you start going downhill you have your same type of You know lifestyle and especially as a trader, right? You always think I'm gonna figure it out I'm gonna figure it out and you know when that's helping went away and the computers took over the elbows took over It was like I was just rudderless and lost and again, I mean most people know my story but I had to get out of trading for a few years and then You know, Dr. Brett steenbarger introduced me to book map and the minute I saw it I knew I was back and again. It just keeps getting better and better and better So on my way back. So hopefully this Hollywood story will and with a happy ending On my way not there yet, but I'm glad you guys are with me on the journey There's there's another interesting that a friend sent me a link to a Bloomberg are It's like a 25 minute video on that that trader in London that it was the finger pointed to him for the flash crash, which was, you know, ridiculous but Anyway, it has a similar story to yours like How he, you know, just was trading just massive volume in his parents basement You know, I mean just crazy crazy story Anyway, the the the amount of volume he's trading it and his kind of like Trudeness Soviness with the the markets was very very similar. I thought hey, well, I'll try to dig it up and put it into the chat as well Yeah, yeah, didn't he get like behind or something or fine or something like that He did and then they they actually went through it It was interesting to see that he was actually kind of let go because he didn't get a dime out of that He made like I don't know 50 million bucks or something and like he He he didn't even get it and he helped, you know, the CFTC and How to uncover traders that are You know doing disruptive Prohibitive practices like spoofing Yeah, well that hasn't changed much so So anyway So looking at some of these markets there in some interesting areas Actually need to So, you know again You want to keep an eye on the spot gamma stuff because it's more and more the stuff is just driving the market to VIX So these are the VIX futures you want to always have this up if you're trading equities and see, you know For making no highs, you want to see the VIX making new lows You know like we're doing right now. You don't want to see you'll notice, you know Like yesterday we were trying to break out to the upside and VIX was kind of just sitting in the middle of its range And then we would just reject reject reject equities I'm talking about so You know, if you're if you're trying to play breakout, you really want to make sure that VIX is in your favor But you know spot gamma is basically saying that you know, the the ranges are starting to get tighter because of these You know all the hedging by these options dealers with the futures and every time you rally they're selling it here You know, you can if you don't have spot gamma highly recommended I mean, I'm not affiliated with them except for using it But this stuff is more and more important every day from across the board from futures to stocks So you want to you want to know this stuff and more importantly, you know The way I use it is are the levels, right? So you can see these levels here and my cloud notes you bring them in the real time Bring them in every day, you know the very important levels here where dealers have to edge their futures and Again, they act just like support resistance levels because you know these dealers are going to be reacting here Or so so you know the other resistance levels and these are support, right? And then if they're broken then resistance becomes support. It's just like anything else in trading. So But anyway, he's talking more of a mean reverting type trade to the high his high gamma levels so See we says here No, he said 39 so he's got the spy I don't have the spy app right now on my book map Just because I've been having some issues with it. So I'm trying to get some things off of there, but He basically says here says something interesting earlier He just basically saying lower volatility. So but we're we're in a Breakout mode and from what I look at We'll go over that here So I was waiting for this yesterday Come over here So if you guys saw Yesterday, well, first of all, we're breaking out for you know, anyone using market profile So I use market profile using the very basic sense I don't plan to be some raging expert on it, but I use it, you know, like I will merge days that Overlaps so the last two days here have all the lap down here and that's what we've broken out of overnight You can see the dates here. So this expands to show you guys here in a second for a second What I'm doing here, right? So basically if the this is all basic stuff I mean, I'm sure some people don't know about it, but you know, if you're value areas, so this is basically 66% of the trade That's what these lines are drawn and then the point of controls where the most trade occurred, right? So that's for yesterday, but this overlapped the day before by more than 50% So when that happens, I'll merge the two days and I'll draw what they call a little ice a composite a composite Value area and that's that and they're very powerful. So you can see overnight We've broken out of this and we talked now. I'll go over what this was earlier I posted this on Twitter yesterday, but we broke out of here and now This is a prior one where we traded it through it a few times or it's up here But it was still relevant and now we've broken out of that one, right? So I'm not I don't really want to chase this right here if it pulls back here And I get a buy signal with my real-time assign indicator buying then I will buy this If we happen to break back inside then I will you know, I'll shorter for a move back down to this 3910 area So that 3910 area was So let me just I just want to check out what happened in Russell there just to make sure I'm not missing anything here Yeah, so that's thresholds so Russell thresholds for ice and stops are it's 150 for those of you that don't have my course Let's draw this in real quick. So this iceberg started right around here sell ice and ending Right about there. Alright, so we're still in that zone. We'll keep an eye on that again many times when you start here in these These thinner markets like Russell and Dow when you start seeing things fire off in there And that signals a bigger move to come in all these equities Futures markets, so we'll keep an eye on this So quickly this morning you can see again this SI indicator is if you guys did not have it I mean, it's Honestly the most powerful thing I've ever seen in futures trading right and trading for 22 years 23 years feels like 200 years, but It's it's the it's the most powerful thing I've ever seen so this is basically showing you were You know the big money's playing where they're taking stands. So this was a big I think it was close to 900 iceberg earlier by iceberg See here For some reason I'm on this screen on this webcast it's showing You can see it down on the lower left there But the the float button is on another screen for some reason where it shows it So it's 880 icebergs here. You can see the concentrated volume here Yes, I'm sorry Scott. So yeah, it it's aggregate. That's why so I already let the team know about that So that's why it's a little off Because it's aggregating it and then it just moves it over to an area So and they're gonna wait it so that the aggregation will go to where that big spike is It'll still be off a little bit Sorry about this member here. Yeah. No, I was just talking. Yeah, I mean, but I was talking so when I hover over this iceberg Usually you can see a floating It's not another screen is what I'm saying So you can't see the floating The floating See what happens here. Yeah, I see how you see the floating thing here when I'm showing the iceberg. Ah, yeah Yeah, so it was showing on another screen. It's not a big deal You can see it on the bottom lower left in my corner. Anyway, yeah, this is a big deal here for DASDAQ 2 you can see here that you got this is one of my setups called double lambing So let's see if this holds I'm kind of jumping around here, but I don't know why the market didn't wait for me to explain everything I want to explain that's not very nice So you have it you see here. You have a stop run. It's usually the retail trader That's the orange into the there's big buy ice coming in here trying to hold it upright. So this is usually This is I mean, this is technically a long situation if this can hold, right? So let's hurry up and draw this in and then we'll Discuss so the top of this was right at the bottom of another iceberg from earlier As well, but you can see paper is definitely taking a stand here just like they were yesterday So these are two different areas this one here, which we just broke and then they came in and stepped in again So that this top one was from here earlier if I could find it Yeah, right here So that was this one you can see we held it And then ripped up higher. This is you know, it doesn't look that much But this was a 60-point move right and now we just ripped through that one But now papers step one up again, and you had to stop run right into the waiting ends of paper So this is a bullish signal if this can hold which it is right now. So if this can get out of here The only thing I don't like about this. This is not ideal as far as this prior iceberg has been broken, right? So I mean this obviously takes precedence. So if we can actually get up inside of this I think that'll be a nice long and you can put your stop down here I mean, it's going to be you got a risk about 35 points, but that's like a sneeze and nasdaq lately If anyone chases nasdaq, it's absolutely ridiculous Again We don't trade things and I don't trade things in a vacuum, right? So let's quickly take a look at where we're at on these charts Now this is a perfect example of what I explained in my course, right? So that is a technically a bullish signal But do I want to be buying when we are below this balance that is built all night long and into the open? We couldn't get above that the high and now we're breaking down Do I want to be standing in front of all these traders that are holding this thing that are going to start to puke? This is not a good area to buy now If we were to do something like this and then come back up and then break the high volume note of this balance area Which is where the most trade occurred, right? Then then I get a signal then I'll like the long right here I do not take I do not like the long and that's why You guys do not trade, you know If you have my course and you trade the setups you do not want to be trading these setups in a vacuum Again, if you take every single setup that occurs across all the markets you watch Yes, you will be profitable. You can just take them blindly, but you can't do that by hand, right? If you have an algorithm you can automate it. That's one thing But if you are, you know only able to take and not catch every single one Then you got to be look more at the longer term of trading, right? I love the market. So So we know we're below again, it's not to say we can't rip up, right? And if we do that's fine And you know, I miss an opportunity I guess but I'm again, I know what markets do and you do not want to be buying When it breaks down below, right? So again, if we get up above here and above this zone, I'll show you this zone a little bit what that is Then I'll then I'll be a buyer So I'm just going to let this play out here. Let's see what's going on in S&P A lot of stuff firing off there. This was actually a good buy and I just missed it Wow All right, so you can see this was the big bias this morning We broke away from it and this is what I was trying to show you when we did So there's the floating window I was trying to show you that Now I'm distracting you away from this trade. That's already seven points back. So this is a typical setup right where you get the iceberg It moves away you get the retest fail out gone, right? And then on top of that now look at this ice coming in now This is another thousand iceberg Plus this one here. This was 600 so between This this and this this is almost over 2,000 icebergs. This was a awesome long right here And I just missed it because I was screwing around with the NASDAQ Let's draw that let's get this in here real quick So this looks just like yesterday. There's just the bias just kept coming in kept coming in kept coming in I'll show you that here in a second. That was the Twitter post I put so this started coming in I'm not going to I'm not going to mark up this 300 because it's already it was already inside this zone, but This new one came in And it's carrying it's still coming in right here so you can see them These market orders trying to sell right here, right? And they're running right into a wall of hidden buy orders So now this zone stretches from here to here Right, so this is the earlier one So this is the earlier one, but then it came in again. I know it looks a little confusing here Let me try to go out because this is so much bigger. I'm going to make this I'm going to do that and I'm going to make this a little thicker. Let's make this Just so we can separate those zones Very good All right, so you can see that I mean this is Very important area and what we did is it came down. We tested that iceberg first iceberg and then now new ice came in If it starts to break away This is going to be a long for me Um, especially because what I showed you here, right? Look what at look what we just did So we came down. I was just talking about this. I cannot believe I just was Distracted by the nasaic, but this is exactly what I'm talking about. We broke out of this Value we just came back. We retested it. That's where all that ice was ice came in again now we're Moving higher. So what I'm going to do is I'm going to again, this is going to be more of I'm just going to get a full size here So you can trade this one of two ways, right? You can trade this aggressively as it breaks out of the ice or you can wait for to move away retest and go But if you do that, then you're risking watching this thing just rip up higher and not coming back So I'm just going to get in here Long and then I'm going to put my Pretty big zone So I'm I'm going to risk down here. This thing shouldn't come back But if it does I'll again the way I trade is if I get stopped out once So for instance, if this does this here, right if this comes back Stops me out and then breaks back above I'll I'll think I'll give it one more shot, right? The other thing too. I posted this on twitter today too Are we retreated someone posted the liquidity there was there earlier there's There's definitely some at 40 so See see where that was clearly was earlier So this is pre-market. Yeah, okay. So 36 and 40 that was pre-market and thanks to jeff for posting that. That was kind of cool Um, but anyway yesterday This is what I posted, right these areas I said watch these areas um kind of yes Here we go So if we do happen to sell off say this area fails you definitely want to be watching this area Oh seven down to 87. This is there was Thousands of icebergs in this area and then we lift it off and that's exactly what I said once we broke away Get ready for the big move away and then you can see Yesterday liquidity was here as well. So this is probably exactly where we're going right now So that's going to be my first area that I'm going to watch if this thing get going If we can't I want to see how it responds to this liquidity up here The other thing I want to see this is what I want to see I want to see this making lows, right This is the VIX I want to see this moving lower if this keeps starts going like this. This is probably going to be a failed trade right now So this has been driving everything lately. So again, you want to have this off If you're going to take breakouts, I really want to see this make a new low And then we're probably going to get the move in the es to the 3940 level. So um So you can see the difference here, right? So why am I why did I get long this and I was I didn't want to get Long nasiq will look at the difference, right? What do we just do? here This looks completely opposite of nasdaq We had overnight balance back and forth train, right? broke out retested what i volume node That's where all the ice came in again And now we now we move higher that's bullish that is completely different looked than the nasdaq that we just were talking about Find it. Look how this looks different So instead This is why I didn't get long nasdaq on that double whammy again, it's in my in my work, but I I look at the bigger picture the bigger picture was we were breaking down I'm not standing in front of a breakdown now Again, if we get above this i volume node and I start getting signals that i'm going long nasdaq as well Right, but that's they they look different. Look at how different these look this broke out retested the i volume node and held This broke down Right, so right now this is nasdaq is still bearish comparatively because we're not getting through this i volume node yet Right, if it gets above there, then i'm going long there too if I get a new signal But that's why I didn't take the double whammy setup and that's what i'm telling you guys If you have the course and you know the setups you can't take into the vacuum You have to have some some semblance of the bigger picture, you know, even if it's on a five-minute chart So anyway, let's uh, let's watch some page right here for a while with this The other market I'm watching Which I'm going to go along here. I've been waiting for this too Because I missed this original. This was a double whammy as well. You see the stop run 160 something Here 199 stops in the waiting hands of Almost 200 and it's like 160 something icebergs here. That was this one. I drew it moved away It just retested here. You can see it held it move back out This is a good long Again not in a vacuum I'm going to show you why I already know this right so this is what you guys need to be doing as traders Before the market opens you need to know where all your markets are as far as where You know where the big areas are and then when you get the real-time buy-in supporting that area It's go time right so this area Multiple reasons to be long right so you can see the zone here What was the zone the zone is where we broke down hard from here Where we retested broke down hard from here and we finally got Try to get above it. We built balance and then we broke out yesterday That are the last couple days right so now what do we do? We retested this balance area, which is controlling the zone. We got the double whammy That's what I'm that's why I'm long that um and then the market profile This is going so hopefully I'll have this Up when it touches 3940 so I can possibly scale out a some We'll think about market profile So market profile for gold is also bullish Right, so this is taz taz or many market profiles one of my you know I use this conjunction with everything else very powerful second most powerful thing I've used next to book map So you can see we did break down from these this is a 60 minute box the boxes are like many market profiles We broke down but we held This prior one right broke down We held where volume was but more importantly on the bigger picture the bigger market profile stuff you can see here again Value areas merge value areas. What do we do? Different color there came came down let's separate this you can see that the other actually it is separated Came down we held Second We tried to break inside of this This one here Sorry, let me pull the days up so you can see so this was the last two days merged Like I just showed you I did with the es right They overlapped that builds a powerful area. We tried to accept inside there. No dice We got I got that uh signal the double whammy and then now we're back inside this one So now the tendency is especially because we didn't get to the high here This held now The tendency is to get to the other end of this this market profile value area So now I'm in and if I get any new bullish signals, I will be adding all the way up And then I'll be watching this 1736 area as one of my main targets, right? Um, and though that's conform with I'm sure some of the task levels, right? So you can see here that's right at the top of this box here as well if we get back inside this box Right close to that too. You can see that you can see the market profile. It overlays on this trend I don't know why it doesn't overlay on the other charts. I gotta check that out But everything is confluent guys all this stuff works in tandem, right? So but you need to know the bigger picture to be taken You know, you're checked All right, so this is slowly working out Oh, see what an asset did to that and well, I mean it looks like that double whammy work Which is great for the signals, right? But again, I didn't take it because the bigger picture told me I want to wait for it to get out of that area You know, I have a basically a false breakdown Which would be Again, which we're real close to doing right? False breakdowns are one of my favorite setups False breakdowns I should say balance area Tried to break out no dice now. This is do or die right here So it's either if it's still going to remain bearish it's going to has to hold this high volume note High volume note is just the area where the most trade occurred in a balance area, right? It has to do this if this gets above here, it's adios, and I'll be taking along We didn't look at the market profile for that. I'll look at that quickly and then answer if there's any questions You can see here Doesn't look great yet because we're right in the middle To has boxes you got the 30 minute box You have this 60 minute box, but it is moving higher And then market profile Taz is market profile just in a smaller scale. Like I said, we're holding inside of Again, this isn't the best area to trade in this Right near the point of control meaning that's where the most trade occurred That's where you can expect to be getting whipsawed to death You want to be looking for the edges right kind of like that gold trade I got long on the edge Or if you want to fade you can fade on the edge or on breakups So I still take a long note based on that I just know that my odds of being whipsawed if I do go long mazik are much greater because we're right in the middle of this thing And we're right near the point of control which failed the first time down first time up here, right? So if we do get it go a little higher, we're going to be above the point of control I'm just going to be probably a straight shot right to 31 on my 13 100 All right, hopefully I slowed down there and guys can Figure out what I was talking about I'm just jumping from market to market there Any questions Bruce? Let's see not really I've been answering a few About the new on-chart indicator there So this is something you requested immediately scott and finally we we delivered So if anyone has any questions about that I I sent the link in there to the Well in that in the questions there's a link to the Knowledge base article on it in the download and everything else is there as well So it verifies exactly where these icebergs are Transacting and it's pretty it's pretty cool. It as you guys probably know unless you hadn't seen it yet It shows you Not only like where exactly they're transacting, but Is it still open? Is it is it still there? Has it been moved has it been canceled or did it fully execute? Which is pretty pretty cool to be able to see all those details Right on the chart. So you know where that's happening And let's see no questions here though scott in particular No You see these two cell bubbles earlier you can see A thousand of those icebergs fired off right in these you can see them trying to sell it and they ran in 555 555 Yeah, I'm just I'm fascinated by this like and you can zoom in and see all of it like And see at the end if it was canceled or Executed as well, right? I don't so I don't have canceled just because I there's too much stuff on my chart Yeah, I mean it won't it won't show it won't show until You zoom in really to be honest. So it just aggregates on the on the overall So you won't see it unless it's unless it's like You may may show up, but most likely it'll be just like what you see right here right See this one's prices, right? Yeah, and then You keep on zooming in there and you'll see it, but that's okay. You don't have to zoom into the nanosecond Level, which is good to know the exact prices of where these fired off Especially if you want to control your risk a little better, right? So another big fallacy of traders is You know, I I want to when I put on a trade I put a bracket order and I'm just two points Well, okay, what's the two points? Is it just in a random area? Like it doesn't matter the market doesn't care where your two point stop is right You need to be basing your stops on structure not on just because you don't want to lose a certain amount of money Because you will lose a certain amount of money if there's nothing Relevant there because that's what the algos do. They're there to whip saw the market and stop out people, right? So again, if you know these exact prices in this inside this iceberg, right? You can so you can see that you know that 555 happened here and here right around 24 75 25 And I put my stop right below that so that's you know, again if that comes back and penetrates that area That's no no bueno, right? So it's like I'll There you go. I put it just below there, but you can really pinpoint your prices You know of where you can put your stops instead of these huge zones A lot of time, you know, I still like the zones because you see all these books coming in but You can really pinpoint this point and again, I'm brand new to this I mean some of these guys have been using this longer than me. I just came out beta the last couple weeks ago, but I'm seeing great things with it. So um So we're watching paint your ines as usual Uh, I should say as usual. It's been actually kind of crazy the last couple days has been Kind of slow, but last week was nuts like Thursday and Friday. The thing was just it was head spinning So again, this is what you want to see what's going to cause concern and I'm not going to just trade Specifically out this but if this thing starts to rally We're probably gonna not go up to this 40 right now, right? So you just want to keep an eye on that Again, I don't trade off of this But if I were entering trades and I see this the VIX is like in the middle of this range And I and I want to play a breakout. I may I may give it a second thought Right You want to see the thing making lows is as you're playing breakout trades things like that. So and it's it's it's behaving Okay, as of right now, so we'll see. Yeah, this this looks really nice. Um, really poised here to trade up to that 40 level Right and again, you know for the newer People out there this liquidity acts as magnets. It's not the opposite. So again, most people would say wow, look at that side There you go. I might add to this You know stop run here Again stop runs are usually I call them the dumb money, but if it holds that means It's holding and then the big money comes in behind it and it holds it in that area, right? If this doesn't hold some of this is a perfect opportunity to trail my stop, right? So again, that's another fallacy trade is just trimming their stop because they're watching the P&L And they don't want to lose this month's rent, you know, for instance, so here we go This is well over this is 763 stop run. Let's mark that up quickly from there We will have a on-chart stop indicator as well soon We're starting with the icebergs guys. I'll answer your questions about the colors, etc Like a lot of your suggestions are already in the works Um, so and you can also change the colors. So, you know, you can do whatever you want With those we made them all blue it it makes sense to me that if it's above the market You know, it's a sell iceberg if it's below the market. It is a buy iceberg But the it's a blue line because it's iceberg That's why you can change it if you want you you have the color options there All right, so I'm going to keep this pretty close to the zone because this thing should go Um, you know, again with heightened volatility, you know, this is a zone and this is where this fired off But it's also a zone. They're not exact prices. So especially when we get more volatile You know, and you've guys seen this live many times where I'm putting my stop right outside the zone It comes and stops me and then it goes Um, but I'm going to put this right below the zone and this is a wave This is my I'm stopping out of this six lot. This will guarantee me some profit and again Now I'm canceling this And I'm not basing the stop on because I don't want to lose all my profit I'm basing because this is a brand new signal. It's about to be an ad if this can get above here But even if it's not if this holds and it comes down this be a this would be a dumb and dumber Which is a bearish setup it goes like this and but I'm out and I'm out based on what's really happening in the market Not because I I don't want to lose my money Right, that's why we talk about all the time. You shouldn't even have this up if possible If you can if you can put it even go old school and put a piece of tape over your p&l and just trade Because if you're looking at your p&l you go back to human nature trading is the opposite of human nature That's why it's so hard. So when you're watching your money disappear You're of course going to want to get out of the trade, right? That's why you just need to learn how to trade the structure and trade structure and then know where to get in Where to get out. Let me give this a shot on the um buy side here give a second I'm I'm meaning I'm going to add to it So you can see this is turning into possibly a stop and hold stop and hold one of the five setups stop run holding Then the big money comes in behind it and pushes it and then probably going right to 3940 my only worry is again I don't want it to I don't like only risking. I don't want to risk four points to make four points, right? I don't want this to stop at 3940 is what I'm saying But I'll still you know the pattern is the pattern the setups setup So I will add to this this can move a little higher. I'm going to get in and then I'm going to add to the trade If it doesn't I'm going to stop out. I'll make a small I'll take a small winner and I'll wait for my next setup, right? So it's not this wishing like oh, please don't come back. You know, it's like I'm basing it off of what happened in the market So the other thing we want to be looking at is the mix Just talked about right there you go to make a mouse Make a low on that stop run. So let's see what happens here Starts moving higher I want to have the mix up because I want to make sure it's on the slows and then I will definitely add to it So I'm just going to stop into this So I don't miss it like I always do when I'm on these webinars Again, if I get filled on that the stops going to go in the same spot So I'm I'll have two positions on if it comes back then, you know, I'll lose on this one I'll make a little on this one. I'll just wait for my next up The whole idea of trading guys, it's not to you know, there's this fallacy outfit that you're going to make money every single day Like a normal job. It's not a normal job Your goal is to kind of tread water make a little lose a little make a little lose a little Right and then the days that you catch the trending market is the day that you make your month in your year, right? So if this works out properly, you know, say I get filled on this and it comes back and stops me out Big deal. I'll be down maybe a couple hundred bucks, right? But if this works and this turns into a trending day that trends up 50 points And I keep getting bullish signals and I keep adding new positions based on the new setups all of a sudden I'm going to have you know five times five my size on right, so I'm going to have um there. I just got filled on that so Me up with the stop in here. So now I'm stopping out of both positions Let's do that There we go so again There's my mo by the way, so I stopped into the tech but whatever if this comes back it comes back But again you like if this thing starts to take off I'm going to have multiple positions on and I'm going to have a month making day, right? See what happens here with the fix I want this fix to start moving lower and we should get the pop to 39 40 Again, this is all based on structure. This isn't just random. Hey, I want to add to this trade This is a bullish setup. Again. I got filled to the exact tech But I could probably put a little higher Just to make sure but it is what it is um You know, I don't see any warning signs, so I'm fine with getting in right there I just just for my own mental well-being. I just I needed to get there you go I just don't I can't tell you how many we talk about this on the webinars all the time I get filled to the tick literally eight times a day. It's insanity and I know there's guys out there Like cry me a river, but it I'm convinced It's my curse for making so much money in the past and these in these markets Then I now I have to endure these stops to the ticks five times a day. There you go There's the move now. I'm watching 40 if it can't get through 40 I'm going to get out of a quarter of my of my position. That's my rules, right? Those are my rules. I should say let's see if this gets up here. The other thing you want to be cognizant of There's always um front running algos They see the size in here too and as it gets close to like run it away if I start to see red bubbles come in I'm just going to get out of a quarter here It's not quite at 40, but again, I'm watching these red bubbles to see What I'll do here, so I'm going to get out of quarter here and what because what happens a lot of times One the front run you get the algos that see the same thing we see right and they front run it But what may happen here is it'll come here. It'll retest and it'll break out I'll probably put that quarter back on right because Many times if you miss the original trade, you'll get another chance. It'll come back kind of like that gold trade I just showed you right That was over like an hour You know retested that area right so we broke out of it You get this all the time this was the broke out Came back retested failed and that's why I got in here I got another chance at it because I missed the first one many times you'll get another chance Sometimes you won't right so again if you miss it So I'm going to watch what happens here. Let me change the quantity here eight oops all right, so If this comes back here Like this and then hold and I start to see blue bubbles. I'm going to put that four lot back on And then see if we can get it finally get up to 40, but this is exactly what happens guys See that the whole the whole idea here is to understand what All these markets work right instead of panicking out of this You know out of the entire position because it you know say everyone got along with me And they're all looking at 40 and it starts to run away like oh no my problems disappearing You've got to know the first time near this liquidity These computers these algos see the size and they'll run it away because they want the size to chase it to get out Right, so you should know. Hey, this has got a chance the first time to run away from it You know and you can decide like I decided hey, I'm gonna get out of a quarter there I was hoping maybe for a return we still might get it But it may not and then again if this comes up here and it struggles I'll get out of another quarter And then I'm going to leave the rest on until I get a bearish setup to cover my position Doesn't mean I'm going to go short means I'm going to just cover the rest of my position I don't want to be short this market Based on everything that we've talked about right Again, we broke out of this value area We retested held all that ice came in gone This is a bullish market. I do not want to short this market All right, so let's see what happens here at um at 40 So again, you don't just you know if this comes up here and all you see is blue bubbles There's no reason to get out You don't want to get out of no one else's getting selling right if you just see blue blue blue right through it Hold on to it If it comes up here and you see blue blue and it kind of you know stalls and then you start to see red And then I'm going to get out of another quarter, right? So here we go and see what happens Look at the vix Confirming that's good. I want to see this blow right through it should blow right through it. We'll see Scott you're using still the 3.0 Iceberg in the sub chart Yeah, so I'm in direct contact with the developers as you know, Bruce and they um, you know, there's still a couple of bugs It's not let me watch this first There's still a couple bugs in the the newer versions like the 3.14 as far as giving alerts So he told me it should be finished. They should have it fixed by the end of this week And he's gonna let me know When that happened So I'll probably even post on twitter when he gives me the green light Just so you guys know that you can switch to the 3.14. But yeah, I'm on I'm on 3.0 And again, if you need that you can contact if you don't have that download you can contact us supportupbookmap.com or you can Email me and I have I can share on a Google drive. I have it and I can share with you All right, so we're kind of struggling here at this. Um So if I start seeing red, I'm just going to get out of another four I just this should be blowing through errors, which should happen see That for a second here. All right, so I'm out. I'm just going to have four on right now Again, the thing is if it blows through this 3940 we're probably going to get another bullish signal and I can put up our brand new position on right But I don't want to be holding trades if it can't get through here, right Now probably will but that's fine. That's the way I trade right and again I'm you're going to get another opportunity, right To get along is what I'm saying Let's change this here Every time This is just a really really nice read Scott Higher time frame and then you're waiting for this to just pan out just like you said Right exactly if you know, is it you know where we're at on the charts longer term and then you get your confirming volume That that's go time right your odds Again, you're not going to be right. I'm not right every time as you guys seen But I'm right more often than I'm wrong and then when I'm right I take multiples on my trade Meaning I'm risking four to make 15 four to make 20 right This particular trade I didn't you know, it wasn't four to make 20, but you've got to respect what the market's giving you, right Now there should be a stop run. Let's see if it fires off Again, if this fails here, I'm not going to get out of any more because I already got out here Um, the last four I will hold until I see a bearish seven right Then I'll cover it completely because the volume is telling me. Hey, this is not the time And then I'll wait I'll wait to get back in bullish. I'm not going short this market though, right again Another fallacy traders trying to catch every single move that happens trying to be Long and then when it rejects because they want to be short and they want to be long You guys you can't you're not going to be able to do it, right? Possibly if you can write programs Maybe you know by hand you have to try to come up with a thesis every day Looking at the charts kind of like we went over with the market profile and the bigger picture stuff Come up with your thesis wait for your confirming volume and then you put on your trade But I'm not trying to catch every every move all directions. It's just not going to happen. You're going to drive yourself crazy. Trust me My goal is working out too slightly Again, I will add all of these if I start getting more signals kind of like I added the yes I will definitely add to gold that looks very bullish to me right now too Um, so nasdaq is go time too if I start seeing what happened here This is a fail breakdown one of my favorite trades very talked about this, but Try to break down no dice got above high volume node now. It's go time So I will add to that there's probably been something firing off there too that I missed I'm sure let's see Hey, look at I wonder where we're going. I'll get anyone know where we're going here. Where do you think nasdaq's going? Give you one yes Yeah, this is options dealers, but trust me this It's going to that liquidity. It's amazing Like when you really start to watch this is it is just absolute magnets the big money gets what they want all time At all times I should say so this is exactly actually I might still be able to get in this long here This is a stop. It looks like it's going to be a stop and hold right so the stop run started Say right Right about here. So usually you'll see the the bubbles come in a little before you see this So that's why you want to do this Let's see here See how this bubble started a little bit before the line, but you can see this was a stop run, right? So Let's draw that. It's the wrong drawer Here Say there I'm gonna change that color too. So people are confused. I try to use the same colors as the iceberg indicator It's just color. I think that's orange ish I'm colorblind. So apologies So let's see. All right. So this was actually a dumb and dumber. So if you were long there This gives you an opportunity to cover your trade and then wait for your next set up, right? Meaning you had the big stop run 200. That's the zone and it immediately failed. This was opposite of what the yes did, right? Boom. Yes held and moving higher and moved higher to 40, right? So Again, if you're long, it doesn't mean this can't rip through now But you would you know again guys that love to get out of their trade because I don't want to see their profit This says hey lighten up or get out of your trade, right? If you were long from down here and you would see this you don't ignore this It's the minute it violates the zone you get out, right and you save yourself. You know, this is this move down 11 points Right, you can see now it's struggling So I if I was long I would have been out right here because this is a bearer setup Doesn't mean I'm going short but now I get out and I just wait for my next bullish setup Again, you have to you have to respect what the market's telling you You can't just ignore that this happened because you want the thing to go to liquidity Do I think this is going to this liquidity? Almost 100 percent is it doesn't mean it has to happen right this second. Absolutely not I will get out and then I will wait and hopefully it'll pull back Right because I already know we're bullish based on that failed breakout I will look for a pullback and then like right now look what's coming in comes the ice That's going to give you another chance to to get long. You don't have to endure this pullback because This told you to get out Guys when you start to realize and read real-time volume is going to make your trading you're going to go to a whole another level because you're not so The main thing is you're not so Discombobulated and confused by the market action if you're looking at a bar chart you tell me how you know anything based on this But again, this looks bullish, but all right. So all the guys that are bullish So the guys that got in right here like, okay, yeah, we cleared these highs from overnight. Yeah, I'm long. Oh wait What why why is this doing this? Right? They're all confused. They hate the nasdaq and nasdaq's a dumb market If you have this, you know exactly why it did that because This stop run that didn't hold a dumb and dumber the dumb money puked Again retail traders again. I'm a retail trader. Don't take offense. It just means we don't know as much as the the big money does Right. So retail trader pukes fails. You're out. Go on. You're a bar chart trader You are holding the bag right now wondering why this thing just pulled back 20 points right My whole career it's been all about volume, right? That's why I gravitated the minute I saw book map I knew I was back right because it's it shows volume in a way that Makes sense to me or makes sense to anybody even when she wanted to read it, right? and then when you add in What the the big money's doing what the dumb money's doing what should happen What's not happening when it should things like that based on the SI indicator? You're on a whole different level. You're in the top 1% of all traders in the world would be my call And I'm not exaggerating all right, so we'll keep an eye on this this was uh again, I'm not The other thing I talked about in my course. So I have set thresholds for all these futures products I think I have over 21 products on there 22 Yes, you have thresholds that are valid 80 percent of the time But there's certain days that you don't want to be taking you know, for instance, I have thresholds of 100 For ice and q and 120 for stop runs, right? A lot of the day if you keep seeing, you know Today is not that egregious like yesterday. All it was was over two is like 180 200 180 200 You don't want to be using 100 as your threshold for that day You have to use a little common sense, right? Everything's just not plug and play where you're like, oh, these thresholds are nonsense This isn't working. It's not working because the day is just a higher value day So what you do is you scrunch a chart and you take a look. What are the biggest ones today? 218 180 191 It's about it on the buy side. Here's another one one This is 117 I think 124 so 100 is not enough today, but I don't think you need to go over 200 I think 150 is a good good volume to see either on stop runs So you got 174 that was the day here and then you had 200 here stops All right, so again You could have covered that now there's new thing now I will get long here if this can hold So this is actually a bearish My one of my setups, but this is bearish. What is this? This is a double whammy. What's a double whammy? It's a dumb money stop running in the waiting hands of ice of cell ice So it doesn't mean it's you got to let this thing develop But on the on the face of things right now, this is a bearish setup So if you were long, there's another reason to get out if this breaks it breaks above which it is It's a failed setup now. You can go long on a retest failure, right? So let's watch this So again papers not always right right, but the point is the area is important Yeah, the stop run that's this Now it's holding I want to see if this comes back here and holds and rips back out. I'm going to get long It's like it. Whoops. I mean to do that that's like a reverse It's opposite of the double whammy But it's it's a failed double whammy right? It is what it is the things should should have held and Done what the first stop run did right that we just saw the dumb and dumber where it failed right this one Hopefully we get a pullback into the zone and I can go along this as well Again, I'm bullish this market because of the fail breakup, right? Here we go this off here So I'm gonna hopefully if I start seeing I want this to come in here a little bit Hopefully it will it's not if it starts to run away. I'm going to get long and my stop goes below the zone I'm only risking 10 points with just like a sneeze in the NASDAQ. Right. All right. I'm long there Stop goes down here You can actually even put the stop below the first stop run if you want to do to give yourself a little more room But I'll go I'm gonna go just below here right below this. This is where this all started Again paper tried to stop it and it ripped right through came back retest failure gone Where we're going? We're probably going right to this liquidity. We'll see Again, I'm risking what? 12 points to make a potential 30 right That's what you want. That's almost three to one on your money If you take enough of these guys you could be wrong 60 of the time and still make money That's the point ready So keep an eye on that. I want to know what's uh, oh already That's been rolling. That was very quiet move up That sucks too because I would have added to that If anything new came in but nothing did but now I have doing positions on this was almost a stop hold stop on threshold right here You know, I look for 500. That's my So what I'm going to do here because this is close enough, right? And now I have multiple positions on two I'm going to use this as my threshold because it's close enough Again, you haven't seen a ton of big stop runs today. That was there about there Right, I'm going to now I'm going to trail my stop up below here of my last four right because I want to see this continue to go higher or I'm out for the time being right again. I'm letting the volume tell me that I'm not doing here All right, so let's uh, I'm going to stop out a little bit below that zone All right Again, if it doesn't come and it just keeps going and I get a new bolder signal. I will add to it Let's cancel this I'm doing very well canceling my arresting orders. I never do that and then I'll I'll be sitting here an hour later and Something'll fire off. I'm like, what what did I just do? Any questions Bruce? Yeah A few longer or earlier questions here Let's see, uh, hold on. Let me get to it. Well, one one is about Rollover and how you trade rollover periods Yeah, I mean you just gotta Obviously the volume starts to switch you gotta keep an eye on and I'm pretty sure we're probably pretty close, right? So you gotta You gotta go to the CME website and just keep an eye on I mean, there's no like it's no scientific thing The volume starts to separate it gets probably it gets harder. I don't I hate rollover Oh, you know, luckily it only happens three times a year. I mean four times a year But you know I don't really know what to tell you there. You just gotta kind of you can cut your side cut your size down based on I mean, so let's let's just take a look at I hate this new website, by the way It's so hard to find the quotes Look at this real quick if I can here we go. All right quotes All right, so it's still it's still more than two and a half to one or I'm sorry The three and a half to one right Still in March So, you know, keep an eye on this as we start to get closer and closer when you know if it starts to get split My recommendation is just have both both products up, right? So I have both months up So you want to you'll have the you'll have the h and the m and just keep an eye on I mean you can kind of combine them, right? So you'll see stop runs in one and stop runs in another and they add up to more than the threshold It's a trait, right? I mean, I know that's not scientific, but it is what it is I hate the role But you just got to deal with it, you know, if you're just watching June at that point once this goes over 50% more for June So, you know, if it's spread out, there's been 900,000 traded. You see, you know 500 in June and in 400 in March, you know, you just got to Play your thresholds. Maybe bring them down a little bit. Um, you know based on the buy That's all I can tell you I know that's not scientific, but it is what it is, you know I hate the role Yeah, that's a tough tough period A lot of the strategies just kind of break down because because of the condition of the role The other question here is, uh, how would you trade one contract? One contract? Well, if you have a smaller smaller account Well, you first of all, if you have a smaller account, you should 100 be trading the microcontracts Because that's going to allow you to trade multiple contracts so you can and it's going to teach you how to handle Trading multiple contracts, right? So you can get out of a piece let some run If you're trading one micro Which some guys may be doing, um, there's nothing wrong with that You know, if you're trading one micro, you're probably better off just trading on a simulator because you know Your gains and losses aren't going to be that great anyway Where you're better off trading on the simulator learning how to trade multiple contracts Then when you feel feel confident in that then you can start trading like go right to trading two micros, right? So My point is if you're trading just one full e-mini, yes You need to go down to a micros and trade Eight or you can trade 10, right? And then you can start splitting it up in quarters and things like that Um, if that's too big for you then go down to you know, trade two micros Again, if you're only trading one micro, you're probably better off trading on a simulator until you get the feel for what you're doing With these setups and peace and out like kind of like I do Um, but if you're just trading one micro then there's not much I can tell you you just got to just get out I mean, you know at first for instance, we would struggle at that That liquidity that we're talking about here and you just get out of the position And I hope hope you get another opportunity to get in right, but that's why you want to be trading multiples So you have something on like I do if this thing keeps going like it is I still have a piece on right probably was a little too Um conservative of getting out at that 40 level on that When I came back up there. I was a little too Too quick to cover that right here. So I already got out of here in the runaway here. I was a little too quick I should probably still have eight on but you know, it is what it is Anything else Bruce? Um, not really. Um, I think You know, please I I think I answered a lot of you guys questions mostly about the kind of settings on the stop stop iceberg Or the on-chart iceberg There there will be some changes to the colors and the sizes of the text and all this kind of stuff So It's in the works but Yeah, I think I think he answered everything And again that guys i'm putting scott's contact information In the chat there. So you guys have that And you guys can get the Talk about all the time but the course you get on the bookmark marketplace or my site and then I do mentoring as well. It'll kind of help you guys Help traders build playbooks and come up with setups and you know learn obviously how to do this stuff and So I have that available too for traders at one But this is a good example here too, right we were talking about if you missed the original trade So many times it'll retest it and then when you retest and you start to see the blue market buy and come in You get it stop goes to the same spot I wonder where we're going Anything else Bruce? No, there's um, no, that's pretty much answered answered all the questions here. Okay All right, um, so we've been on an hour and you guys know my I mean, it's you know No, my positions they're done basically bullish everything now But that was a good example of like how you know, even though there are two equity markets how they they look Different at first right like so I decided just to go along the es at the time um We were saying how you know, this one was breaking down at the time And this one was just pulling back to its high volume, right? They ended up both being bullish, but I was not sold on nasdaq until it could break So it turned a new a failed breakdown right Ripped down ripped through the high volume node now. It's really bullish Longer term you want to pay attention. This is still a pretty big area for nasdaq, right? So this is the high volume node Of this again, this is all practical guys. It works on five minutes 30 minutes 60 minutes. This was a balance area Portrait this was the high volume known this one was actually from other stuff, but it just It's not coincidental. It's right in the middle of this Anyway, this is this is do or die time This is just like the fail breakdown that we just looked in the five minute If this this could hold and turn over if this gets a little bit above and then we're going here Right because it's was what it's going to be a fail breakdown But there's more that happened since then even more bullish. We built another balance here Built balance Broke out built more balanced on top of it Gapped up higher. So you had out you have all this bullishness on top of we're about to bust high volume node of this one straight up My opinion so again shockingly we're just inching up to the liquidity It's just Guys, that's why that's why I retreated retweeted that post today on twitter Like that is so important at the beginning of the morning. It's not always so clear cut don't get me wrong, right? But the beginning of the morning You want to you want to take a look at these markets and be like, okay, where's all liquidity? Oh, look look above and yes, I mean, this is down when things trading in the 20s, right You're like, okay Based on everything else that we talked about market profile the structure blah blah blah Then you also know all the big monies waiting up here waiting for their fills up there That just gives you hey, I'm my thesis today is long I've only taken long and then Behold, what do we do right out there any other questions? Uh, no, no, that that's it. Uh, steve. I was just answering the question here But yeah, this is what scott does every thursday. Okay, uh live trading like this It is in demo paper trading mode. Just so you guys know and then Jay traders on wednesdays and then three days a week Monday, Tuesdays and Fridays. I do the live analysis. It's all forward looking. Okay, this is not hindsight education and You know, that's a real nice thing So you guys can learn and and and apply what what you've learned directly In the markets Right. Yeah, that's the point. So, you know, this I trade on here for you guys in demo mode But I'm taking the same trades on my accounts as well, right? But you know for compliance stuff It's you know, it just for the cftc everything else This is what you need to be showing it this way and again The point is not to be mirror putting on trades exactly when putting on trades is to learn What i'm looking at and why i'm doing the things i'm doing and how to use this incredible software The book map and the s i indicator. That's the point of these webinars, right? So hopefully, you know, if you guys have been out enough you're starting to really see This stuff is just magical again. It's the most powerful thing. It's not magic It's the most powerful thing i've ever seen in my life like That's all I put every time I tweet something on twitter. It's the incredible s i indicator the incredible s i indicator You know, this isn't like a you know, it's not a plug just because you know, I love bookmap It's because it works. I mean you guys watch it. It's this is again All my setups are based on how I used to trade as a large trader I know how I would react if I got run over. I know how I react if it worked in my favor And back then again, like I say all the time you can see counterparty So I can see exactly what I was trained with I can see exactly how much they can put on After after a while you can see every house You knew who the locals were meaning guys like me that you know trade every day You knew where the where the big money was that these number they all the houses are numbered, right? So um like what if a mere lynch would come in you never see that I forgot what they they were It wasn't 714 but whatever there was If you only see them once a week and all of a sudden you see thousand lots coming in and for mere lynch You probably don't want to be standing on the way of that, right? So my point is I started to learn all the tendencies of the big money of the locals of everything else You know of the dumb money puking where you just see all these one lots And that's what my course is based off of my personal experience as a large trader trading volume, right? And that's that's it's not hypothetical stuff. It's what I used to do and what I used to see And now it's applied to this and you're able to see that now because of the SI indicator Most powerful thing I've ever seen in futures trading again. I say it all the time When I got back into the business by the way, look look at this shocking development We're going to hit this liquidity where I may piece out of something if we can't get through But when I got back in the business, I was trading stocks So it's I say this every webinar My first few webinars for book map were on trading stocks because I I was so jaded by You know, I was a millionaire trading the many s&p and it knocked me out of the game So I wasn't real keen in going back there, right? The minute they introduced this SI indicator It was it was it was a game changer And I'm like I'm going back to futures because this is the most powerful thing I've ever seen So I mean, I I don't know how many more times I can tell you guys if you don't have it It will change your trading period Actually, there was a quote on the last webinar because I kind of be I tend to be kind of a smart ass because I I take it personal when people rip on book map or anything else So the guy I watched last week's webinar where I took a couple losses. I was aggressively getting short. Remember this bruce where we ended up breaking We was I think it was no it was February 22nd. You guys can go back and watch it And I kept getting short very aggressively and then and then when it came back I was even showing my p&l right before I go off on my guys This is only the first quarter this thing breaks. We're going we're breaking 50 plus points as my guess And then I'm happening. So anyway, there's a comment on that video You can look at it a guy's like so what you're saying is I got a I've better odds trading in vegas than than using this thing and my My response was one of that Get it Yeah, yeah, I guess But the point is it trust me guys. This is it. This is not this isn't hocus pocus This is what you need for your trading and any naysayers have no idea what they're talking about period I'll go to my grave. Yeah, I'll go up against anybody that wants to trade I'll trade they could trade bar charts or whatever whatever they're using and I get to use book map even in a vacuum I'll go against them head to head for What we can make a real bet on it. That's how that's how Certain I am up this stuff working to get this isn't only a couple months I've been using this now for over a year My course has been out for like seven months, right and it still holds true to this day To a tee as you can see Right doesn't mean you're going to win every day, right every day is not a trend day But this is the day that again, like I said, you want to kind of lose a little make a little lose a little make a little Then and finally when you get this trending market and you keep getting signals You keep adding keep adding keep adding and then you have a year making day Uh scott, this is I kind of um Gave steve the wrong answer here, but uh in your we trade desk room. This is the same kind of thing you do here, right? Yeah, so I do that. Yeah, monday wednesday friday. I'm in there uh 6 15 or 8 15 eastern and 11 30 east tonight come on for about half hour 45 minutes And I do the exact same thing right and then you got guys in there too. It's a good It's a good resource to a good community because in my room is called the order floor room and guys are alerting to different markets for book map, you know, hey Take a look at gold. There was just a big big buy iceberg or take a look at wheat So it's good if you're not looking at things or you miss something and you know, you got guy You got a community that's helping you with that too. So yeah, I'm in there and then also guys for the task stuff if you want You know, if you like that task stuff and again, that's what I use exclusively with book map With the market profile stuff too You can get the discounts on my website. Just click on the task banner for the discounts As well as book maybe discounts too, but most everyone on here already has book maps So but if you want the task stuff, uh, you get I think it's 20 off of the stuff there including the uh trade room, so Okay, and uh, just a few more things and then chuck. Uh, wow, he's just putting in right now that the Looks like the russell spx is all-time highs and ym Like uh Big big day today, um Jordan It's really not so cut and dry. I know you're new in here. No problem. Uh, that's what this Education is all about. It's about understanding the context though of the liquidity and think of it this way. Um, If you go to an auction, uh, you know, you're starting to understand the buyers or sellers in that auction. It's the same thing here Uh, this is not some sort of mathematical, you know arithmetic problem. Um, this is, um, you know understanding kind of auction theory Uh, so we go over this every day. Just keep keep, you know, watch the course and come to these webinars ask questions Uh, and I'll go through it with you tomorrow. For example, if you if you want to go over it in the webinar And uh, let's see, um Other questions, uh here Yeah, before you I missed this was an ad right here guys, so Well, actually a couple ads, right? I should have added to the here right here, which we were talking I don't know why I got sidetracked here. It was close to threshold 445 I could have added on the break of this zone and then you got another one right here Here's this was definitely threshold 49 pretty right on top of it. You add on this one So again, if I'm on top of this market, and this is kind of upsetting me that I wasn't for at least the second one These are all ads, right? So I again, I would have had three plus positions on here. So I would have added Quickly This zone here that was this one You add stop goes here where it was right and then I would have added on that these are all stop and hold setups Stop and hold stop and hold stop goes down there I would have had to do this one I may have gotten stopped out But I would have gotten back in on again. I give my trades two chances and then we catch this as a year This is a month of year making day. I should have you know, again, I missed two different entries here I should have three positions on right, uh, so you should have another 12 12 lots on and this is you know This this P&L is monster. This is what you want. You wait you wait you wait Tread water until you find the trending market days and you use this to add trail your stop So you can see I trailed my stop up now if this thing does rip down and I don't get another Let's see if this is this isn't enough. This is only 350. So if this does come down here, right I'll be stopped out and I'll just wait for another long setup. Okay, um ed Reach out to support you said one of the links there for like getting a deal For uh, I don't know subscription, etc. Um, yeah, it's it's probably based on the subscription that you have That's why I don't know you can't upgrade Reach out to support. They'll help you. Okay So I'm gonna cover if this can't get up into this liquidity right now again Like we talked about the egos front run this liquidity I'm going to cover just a quarter even though I'm almost 100 percent is going to trade into this eventually You know if it starts to run away again, I'm going to get out of one quarter of this NASDAQ as well Go ahead Bruce. Sorry. I was just going to oh and uh, Alex. Yeah, I mean it looks like Scott trades all the time. I mean Does he trade past the first two hours? Um, yeah trade all day. Yeah most days, but I'm not golfing that is because that's why I moved to arizona 45 years in Chicago that was enough for me Yeah, you It's well deserved. Um, you put your time in. Yeah, definitely Um, and uh, let's see uh, thomas. Yeah this stop iceberg tracker in the sub chart there. It's configurable There's many different things. Um, you know on the knowledge base. There's a blog article There's all sorts of kind of materials on on the settings on that Wow, is that this is a shocking development. We traded right into that big money. Huh? Who knew? Oh wait, we did Guys, this is this is not like one off. This is what goes on all day every day if you can, you know, obviously it's not As easy as a trending market like yesterday But again, if you have the correct read of the of the bigger picture and then, you know You get your setups and you take them and you know what the liquidity is It's just I mean, this is not a one off. We talk about this all the time This is why I retweeted that liquidity thing today on twitter It's like this is these are magnets for the market big money gets the market to go where they want it to go That's why you want to know what they're trying to do and here's a perfect example of me not getting out of this Why why would I get out of this? Do you see any red? Do you see any struggling anyone fighting back? I'm holding on to it if this comes back below this I'm going to try on my stop up and yeah, I'll get out. I'm going to get out of a quarter Right below it, but I'm giving this a chance to run now, right Here there's another quarter I got out of a one quarter of course right before it ripped But it looked like it was going to be front run by the out of those I get to these first couple times Now we puncture through here This thing can just keep going and I will add to this if I get new another setup Yeah guys, this is recorded. In fact Scott, if you like I can put this on our youtube channel and make it available for all Yeah, I would this this was obviously a good one. I mean that again guys It's not just because you know, I have winning trades today You know, you guys have seen me get smoked one of the days I could just got killed You know, it's about learning. It's about learning how to react to being killed the day I got killed You guys learn so much about You know having a drop dead for the day you heard my ridiculous stories of losing $800,000 twice in the day Month apart because I didn't stop at my in my firm didn't stop me at losing $100,000 So even when I have losing trades, which I do right again This is nothing as a hundred percent trading nothing I don't care and if anyone tells you that it is you run the other way But even on days that aren't as easy as this you guys are still going to be learning stuff, right? You're going to learn. Hey, what did he do when he you know when he's on there's days I go on tilt as well where you know where I can I do much better Nowadays of catching myself being on tilt means you're like losing it mentally And then you're just starting to do stupid stuff where the neck that that night you go over your trades and you look You're like what was I thinking right that's being on till where you turn into a different person, right? Nowadays I can pretty much catch myself when I'm doing it, but trust me in my younger days I could my point is in these webinars. You're seeing Everything you're seeing days that I'm not doing. Well, how do I react? What do I do? Do I do I stop at a certain point and then days like this you're seeing? Hey, this is a day. He's doing well. Is he adding? How's he how is he adding? What's he looking at? So you guys this is such a great resource You're getting my 20 plus year of experience on these webinars, you know Each and every one basically I forgot what the original question was. So what was the question? Oh, if you want to put it out. Yeah. So my point was yeah, absolutely put this one Yeah It's not because you know, I have a bunch of winners today It's because it's just great learning on how to react at liquidity how to how to add to a position what you look for You know things like that. So yeah, I definitely will put this on us the general public All right sounds great. Um I think we we answered everything scott and I know it's um You've been going like uh almost an hour and a half here Um, let's wrap it up everybody and then we'll uh I'll put this on youtube. So uh look look for it at under it'll be under Uh selected webinars, okay, so that that's where you'll find it Give me it's going to take a while. It's going to you know, look for it in the afternoon Today east coast time, but we'll be up there All right guys. Well, um, hopefully you learn stuff today, especially like watching the vex you could see just keeps making lows That's what you want on a trending market. Um and everything else, you know, again, it's not trading the stuff in a vacuum. It is Getting even if you don't look at the stuff the way I look at it And you still hit the stuff through you're using you still have an idea like hey, I'm bullish today on bearish, right? The main things you take away from this is Try to come up with a thesis for the day and you're not worrying about missing trades going both ways You come up with an idea you trade that way if it materializes you jump on it if it doesn't You're not mad that you missed a sell-off because you're you're a bullish right and markets are going to trade both ways The best advice I can give you is to come up and get better at Figuring out what's going on big picture and then using this incredible volume indicator and incredible software To help confirm your ideas and then help you manage your trades and know where you're wrong Know where you're right. That's the whole idea. All right. Uh, uh, yeah, that's uh Uh, excellent advice there. Um, uh, yeah Got to all your questions guys that you can always reach out to scott. I put all the contact information in the chat there Um, so if you're interested in and and reaching out to him, etc Uh, and uh, yeah, uh, we'll we'll we'll call it a date. Uh, thank thanks scott and uh, we'll catch up with you next thursday Very great. Yeah, so basically, you know, I'm in these trades still and I'm going to hold on them unless you know I'll stop out of this one But if I see something, um, you know Bearish I will get out of my full position. I'm not going short based on everything we've talked about But I will just wait for another setup. Trust me. You will get another setup So just be patient get out and wait and be the sniper. We say it all the time Be like a sniper waiting for your target. No, you're not in there spraying bullets everywhere. Nice. You're waiting for your, uh You're waiting for your shots. So you can hear the dot one off two That's usually signaling a bigger moves coming. So whether this is going to rip higher or lower Be ready All right Bruce. Thanks for having me. Um, I will see you guys next thursday Okay, thanks scott. Yeah, thanks