 Viewers in YouTube, you can be in the chat box. Viewers in YouTube, you can hear me, please let me know. Prudestops-Tops-LCL, 486 contracts. Viewers in YouTube, you can hear me, please let me know. Here we go, messing with my mouse, this software for you two. I'll assume you guys can hear me on YouTube. Anyone's out there? Could you please text? All, Sherry. Perfect. Bunch of stuff just fired out. There's been a bunch of stuff in volume events in NQ. You can see it's trying to get up to this liquidity. These are areas where I would normally short, longer term. Actually, I forgot we got it. I got to do the disclaimer first. So let's back up here and get this over here. What about that? I forgot about it. I'll be back in 90 seconds. In fact, there are frequently short differences between hypothetical or simulated performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with a benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can complete the account for the impact of financial risk in actual trading. For example, the ability to withstand losses are out here to a particular trading program and spite of trading losses or material points which can also adversely affect actual trading results. Because these trades have not actually been executed, the hypothetical results may have under overcompensated for the impact, if any, of certain market factors such as lack of liquidity. There are numerous other factors related to the markets in general, or to the implementation of any specific trading program which cannot be fully accounted for in simulated trading, or in the preparation of hypothetical performance results and all, of which can adversely affect actual trading results. Prudice iceberg by CL 151 contracts Prudice iceberg by CL 151 contracts Soy oil ice iceberg by CL 152 contracts Soy oil stocks stocks LZL 271 contracts J λ J λ J λ J λ J λ J λ J λ retested it, failed again, led to that move, and here we are again. The difference today is the internals messes with my mouse to bear with me, this software for YouTube. Oh, and the other thing too, if it's too loud, just let me know, there's something with this YouTube software that amplifies everything, slows down my mouse, so I had complaints a couple weeks ago, no one can hear me talk through the alerts and everything, so I will do my best to turn it down as much as possible, but I definitely need to hear obviously what's going on. So this is actually interesting, so I will short here, I didn't see this just happen, so you know when the market is plus or minus 2000, that is a trend type day, trend up or trend down, trend up today, it was looking like it, and you can see this just failed here right now. So then you can see this tick is hitting, actually that's not that extreme, but it's still at least showing to get below zero. So you know on days that you see plus 2000 and this tick can't get below zero, you don't want to be shorting, because I mean not that the market can't pull back briefly, but it will be brief, and then there will be these shallow pullbacks and then the big moves and it will be something like that, right? So, but this is interesting that this is failing here and this is an exact same zone that I just showed you, so hopefully I did not miss this trade here. Draw the zone, this here was you had 300 by stops, 200 sell ice, so this is kind of a delayed double whammy, double whammy is when you have the dumb money retail trader puke, no offense I'm a retail trader too, the dumb money puking into the waiting ends of the smart money, the big money and smart money just because they're big money and they could push the markets around, they make themselves smart, so this is a double whammy actually up here, so I like to color my double whammy's dark blue and I will short this, I'm supposed to be shorting this aggressively, meaning as soon as it breaks out of the zone, but I was kind of, I wasn't even considering that because I thought we were trying to up and now this is, I'm able to short this, so first and foremost I got to put the zone prices in my spreadsheet, this is 13.96 quarter, so this is a spreadsheet proprietary to my trade room that makes life so much more simple where you put in these zones and then it tells you exactly based on the ATR average shoot range, where you should be entering, exiting, etc, of course I can't remember the exact price here, 96 quarter, so very important obviously the zones and then the ATR, the current ATR is 18.12, meaning it's rotating about 18 points every five minutes, very very important, the traders out there, I talk to you about this all the time, they're using these static stops where I like to risk 10 points in NQ to make 20, that kind of nonsense and it is nonsense because you're not adapting to the volatility, you're not going to be a consistent trader, you need to adapt to the volatility and the way we have this set up, we're adapting to the volatility, so I can short this at 57.75, aggressively, I can put on five contracts, I already missed this trade like I said and I knew that and it just happened, so I'm not going to chase this, I'll put my order back up at 57.75 to go short there if it gets back up there, but I should have so, you know, we call this an Izzy trade, so these are these trading setups that we're working on in my trade room, I've got about 40 coming up behind it but we're doing, you know, a few at a time, but I want to show this one, because other stuff is proprietary in my trade room, so this is the inflection zone trade, so it's basically just taking a trade into an important zone and as soon as you get a volume event, you're in the trade aggressively, so like we just talked about this is the volume event and I want to short that aggressively, I missed the trade because I was not on top of it and of course it's already 15 points in my favor, so I'm not going to chase it if I miss it, I miss it, I'm hoping, you know, it's very likely it pops back up here and the other thing too is there is heavy liquidity here that just did not get filled on this first move up, you know, this big money will probably push us back into this liquidity before it does die, but you know, we talk about this every single week, these are magnets, right, these are, this is the big money playing games and the longer it's been in here, the more they want to get filled, so it's not, you know, novice traders would look at this and be like, oh, I want to be, I want to short because they want to sell a bunch up here, it's actually the opposite, they want to get filled and that's why it's been in here forever, so something positive comes out in the market right now, like a tape, a fed tape bomb which comes out every other day and this market does that, well, they want to get filled, so that tells you they're not trying to, you know, scare the market down, they want to get filled, so when they want to get filled, they will get filled and how I know this is because this is the exact game I used to play as a scalper all day, every day, I used to put, you know, back then, thousand lots in the order book, I mean, not NASDAQ and ES and then I would wait for my opening and I would, you know, test the water, test the water, buy a little and see the market respond and then I would just step on the gas and then guys would jump on my coattails seeing the flurry of buying and it would run right into my seller and I'd be out of the trade, so the same type of stuff is going on here, it's just all games, if you can realize and understand the game, we see the games they're playing with this information, then you are ahead of way ahead. ES 2 stops, stocks LES, 583 contracts, NQ Ice Iceberg by NQ, 152 contracts. Alright, there's some more setups now, so I was long ES overnight that year, surely. Crockin files pre-registration, understating, I spent it, that came out at the close yesterday, we'll go over that, but I want to trail my stop, I was waiting for a setup, I got out of some up here when it came up to this liquidity and it was right around the spot gamma level, kind of started to fail and I got out of half, I still have half on, but I will trail up that half to this most recent volume setup and we'll go over all these mechanics on how I do these, you know, on this webinar, but first and foremost, let's get this in, this looks, so you had, you know, 583 sell stops, the sell ice is not threshold, so threshold meaning I don't trade these spikes in this, you know, these volume events unless they hit a certain amount, right, so, you know, a lot of traders get this, get bookmapped and they get outgetting and they start trading every spike on this sub chart and that's not prudent, you want to wait for a significant volume to come in to trade it, so. And significant volume is, are my thresholds and that's from watching thousands and thousands and thousands of these over all these markets, I know, I know what is meaningful, what is not meaningful, so that's what I mean by threshold, so. Actually this was a stop, let's just get this, I try to color my, just so I know what's going on, stops are usually yellow or white, sell ice is black, buy ice is blue, or bluish, double blamies are dark, by the time I get this drawn the thing's going to be running away for me, all right, so you can see the top of the zone here is 407850 and the bottom of the zone is 4074, put those in, put in our current ATR which is a whopping 3.85, I'm being sarcastic, that's not, I would, I would think the way this market's gapped up that ATR would be higher, but that means just rotating just under four points every five minutes. All right, so, first see where we are on the chart, well first of all let me trail my stop, so again I was long from overnight, we'll go over that here shortly, but based on this new setup, you know, if I were going to go long off this new setup my stop would be at 6950, so I'm going to trail my current long that I've been long all night to that price 6950, and then we'll talk about how I'm going to possibly trade this current setup and put on a new position, so the first thing you want to do as a trader, you should know all this before the market even opens where you're at, potential areas of interest, and then when you get your volume event that is the, that's your catalyst for the trade, right, so you can see this is, this is actually an Izzy trade as well, so you know, these are zones, these aren't exact prices, I mean they have exact prices here, but around this zone if you get a volume event that is what I consider an inflection zone an Izzy trade, right, so I can't short this aggressively out of this zone, it popped up a little bit above here, but I will still take an Izzy, so not only will I get out of my long, I will turn around and go short at the same exact price, 6950, right, so this is where I will get in, this is where I go out, get out, I'm basically risking 13 and a half points on this trade, and the way I trade these is, this is all from experience, right, where I will, I get in, I'm forcing this market to get outside of an, of one ATR because you get these algos, it'll get one ATR and they'll snap it back to the volume event, right, so I'm basically forcing it to get outside of an ATR to even put the trade on, and then when I'm filled I put my stop, an ATR, plus 15% above the volume event, so for me to be wrong it's got to get through the prior volume event where traders just got run over, where they're just pulling their breath that it comes back so they can get out of the trade, right, so all these longs that got run over here, if this moves down, they're like, oh please got to come back and get me out, and that leads to the next way down, so I'm forcing this market, if I do get short here, I'm forcing this market to get up through the volume event and a full ATR plus 15% for me to be wrong, right, and again, this is all from trading thousands and thousands of these... NQ Ice Iceberg Cell NQ, 152 contracts, this is the best way I've determined to trade it, you can just say, I want to go short right now, you can trade this however you want, I talk about this every week, this is the science, the art is how you trade this, my art, from my experience of trading these for four years, plus this is the best way to do it, and I've learned the hard way, right, so you can trade them however you want, but I highly recommend if you're new or you're struggling, that you trade in my way until you get a little more experience and confidence with it, all right, so I got to trade, so I'm going to put on this Izzy short, that's an aggressive short, just taking a look at the fear and greed index, this is actually a live account, so I have 45 out of 100 signaling neutral, I'm doing these apex and credence for each strategy which helps clarify and makes it much simpler to keep track of, and we're keeping the stats for each strategy, and it's just so much easier for traders to understand, like, you know, you're just looking for these certain events to happen, or these certain setups, and you're just putting the trade on, you're not having all this conflicting, you know, you have 85 things on your chart type of roadblock in your mind, what am I doing here, let me put this on before I continue to talk, I can't do two things at one time, so now I have, I still have my long, I'm going over that here in a second from overnight, so I will stop out at 69.50 and I'm going to short this most recent volume setup at the same exact price, right, so I'm out of my long and then I'm going short, different strategies, so overnight I was long the barf, the barf strategy, so it's just any volume setup, blind ATR retest failure, so I was long that from down here and at the, at the close yesterday on my webinar, we were watching this and this actually broke the record, this was the record that I, the most I've ever seen, NQ ice ice firm sell NQ, 254 contracts, I don't want to miss trades here, so let's see what's going on NQ, a lot of stuff, so this is a perfect example of a day, so my, my thresholds in NQ are 150, so if I see 150 stops, 150 ice, I will draw the zones, trade the zones, there are certain days where you're going to see threshold hit many, many times, that means you have to up your threshold for the day, right, it's just, most of the stuff is black and white, but you have to, it's some, there's some subjectivity to it where you have to make a judgment call, right, there has been tons of volume events already today, at 10 30 a.m. Eastern time, we get EIA, so over 150, so don't use 150 today, I would use a minimum 200, here you had, you just off the, off the open, B-nice iceberg sells ES 186 contracts, there was stuff before that too, so you had 180 right off the open, and you had another 300, and you had another almost 278, 257, 217, so did you get my point, like 150 is not an adequate threshold for the day, you have to up your threshold, when I first released my, my original course, I had the threshold at Nasdaq, it was like a 120, and people, it was a day like, like today, and people were taking 120s, and they would, they would email me like, I don't understand, I saw 120, 14 times, I kept taking the trade, and they weren't working, well it's like you answered your own question, because you saw 120, 14 times, when you're seeing the threshold hit many times, and right, you know, off the bat, you got it up, and so I'm going to make my threshold for, at least for this morning, what did I just, what was that, just got filled there, see what position I have on here, did my usual left and order in the order book, obviously, oh you know what that was, I got filled on the Nasdaq, but I probably shouldn't have put that Nasdaq on, remember I had that resting cell order in at 50, whatever, because there's been new setups here, all right, so anyway I'm using a minimum 250 threshold today, so this is pretty much 250 this last one, so I'm not sure, but what I can do is off of what we were talking about earlier, what I can do is trail my stop to this newest event here, so get this going here, all right, so the way you want to draw these zones also is you have newer peeps on here, so obviously you want to get your bubbles off of the screen, you want to have this last price line, this white line, so you right click on the chart, it'll say configure the visible components, if I get off the edit mode, and then bring in your last price line, it's noisy, but it helps you draw the zones pinpoint to pinpoint accuracy, instead of trying to draw them to the bubbles like I did for about four years, which is not accurate, so you can see then you want to use your crosshair, click on this crosshair up here, and you want to incorporate all the prices that happen in this spike, right, so this most recent zone was this 250 cell ice, which I will also cover, I should be using my hockey, so it's not annoying for the viewers, so there are hockey's capabilities, we'll maybe go over those a little later if it's slow, but it doesn't look like it's going to be slow today, so you know just google book map wiki, and you can learn all the ins and outs of the basics, so you can see here, I did not bring this, the zone is not low enough, the spike was still occurring, and price went lower than that, so let's just see how it went, all right, so it looks like the top and bottom are wrong, right, so I got to bring the bottom down, the spike was still occurring, I had to bring it down to at least there, if I get into edit mode, pull this little dot down, that's that, and then to the upside, majority lead issuance is Republicans need to separate budget from debt talks, I'm going to do the same thing, edit, click on the line, there's the dot, pull it up, so this spike was not part of, I mean this move up was not part of that spike, so it did not make it that high, so the official price of this latest zone is 1305275, hopefully the market waits for me, that's the top of the zone, and the bottom of the zone was 13047, probably should already be stopped out of this shorter tip, and then the ATR is 19.19, so I was short from a zone from above, but now because this new setup I can trail my stop to this, right, so my stop is 7475, and it's probably already there, yeah maybe right there, just like I thought, hold on one second, at 10 30 a.m eastern time we get the EIA natural gas change, forecast minus 54 bcf on the prior minus 72 bcf, all right so I took a small loss on that, hold on just to make sure I don't have any other positions down there, no, so the only thing I got working now is that possibly he has short, but I'm still long on another strategy as well, so we'll go over this here in a second, I just want to see what we're at, so we're still bounced around the zone in the S. German Economy Minister on inflation says the drop is big, the points be covered, we're in that Izzy zone inflection zone, the Izzy trade, so I wanted to short aggressively out of that, I missed it, I just put my order in, and then we were on other stuff, the market did come back and fill me, so my stop originally was way above this zone because the new event came in, that's that, I was able to trail my stop all the way down to an ATR plus 15% above this zone, so I took a small loss, but it's much better than if this market does get up here than, you know, taking a loss way up here, and that's how I, that's how I trail my stops, most novice traders, traders that don't make money, trail their stop to break even, NQ stops, stopped by NQ, 191 contracts, so I move my stops based on something that's happening in the market, not because I want to force my will on the market, meaning, you know, because I don't want something to happen, so on and so forth, I let the market tell me where to move my stop to, so I'm a colorblind here trying to get this accurate, all right, so anyway, I am out of the, I took a small loss on that short, now here comes another setup, NQ ice iceberg sell NQ 161 contracts, this is another double whammy, pretty much in the same zone, you got 200 stops and 168 ice, so this is basically in the same exact zone, so I'll take the same trade again, I just want this liquidity to get there filled like they're going to, this is this is what I'm talking about guys, this is, and you can, you can make a living just waiting for volume setups, and this is actually one of our trades called the lick trade, LICK for the liquidity, we nicknamed it for liquidity trades, where you wait for a volume setup and you get in and you literally just, you take it right to the liquidity, it's just, this isn't magic, these are these big traders that put their orders in and then they force the market to the order just like we talked about, this is the game I played all day every day as a scalper a long time ago, so then there's another thing too, this already came up here one time and failed, so you know if you, so say you put on the lick trade over here in your long and you're like oh yeah we're going to get to that liquidity, if you get up to this liquidity and it starts to run away a little bit, this is where you want to use your bubbles, you start to see the red bubbles, I would be getting out at least some because yes it will fill eventually like I just did right there, but you have to endure this torture treatment, so if you get to liquidity and it struggles, I would be getting out of some, so that's exactly what I did this morning with that long trade I had on overnight, you see right here at the time, it came up here and it started struggling, this was liquidity there was an error overnight, it came here and I saw that and I got out a half right, it eventually came back here but the point is, I mean it did fill this liquidity but it couldn't clear it, so I got out and you know I saved myself the torture of watching this move down 10 plus points with a full position on it, so yes liquidity is a magnet but first attempt, the whole reason that happens is because these algos pick up this large size in the order book and they will run it away from it, right? Well that's why these big entities that trade huge size have to hide their orders because if they drop in a 500 lot in the order book, these algos run it away from the order, right? So it's the same thing, so the algos can't tell the difference between if someone just drops in a 300 lot right now versus if a 300 lot has been sitting there, so when the market gets near that order the algos pick it up and they try to run it away, they try to force this person to chase, well we know this person's not chasing anything because they've been sitting here for hours and hours and hours, but the point is if you understand these algos were running away, don't torture yourself, if you're playing for that liquidity to get to get out of some, don't torture yourself and wait and say I'm not getting out to the spills because you will be tortured many times, it will fill eventually, it could be you know six hours from now though, so anyway these guys got to fill which is good, now we may be free to sell off because we can't go down until the big money gets their goods away, so this is again this is this zone, it's a little bit above it, I will still play this as, minus 47 BTX, minus 47 BTX, the build on the forecast of minus 54 BTX and this is a new volume setup, so let's just make sure it's accurate with the prices and then I'll try to answer some questions, so this when I said I'm upping my threshold at 200 for today at least this morning in NASDAQ this wasn't 200 but this was right, so these combined there's all these this is an area where there are invested traders and that's all we're looking for with these setups right, we're looking for investment by traders or traders that are loaded up and then when it moves out of here we take advantage of that move that's what it's very simplistic but that's what's going on in these markets and you're taking advantage of that I'm not using 85 indicators I'm using real-time volume that's telling me which way where the traders are taking positions large positions and where they're wrong and I base all that with my strategies and my ATR and everything else let's get this drawn over that ES trade and I never got filled on that short yet so and I'm still long from this morning or last night all right so this gets a little confusing because I have these different colors let me just get rid of that or the same color I mean I didn't see that it's here all right so there's more liquidity here it's more coming in I mean it's been in here for a while I would consider this tradable liquidity to get to but you know if you see liquidity just pop in the order book I don't count that as meaningful liquidity it's just people screw in the market right all right so let's just get the zone in I may be going long here too so I have different strategies the lick to the Izzy trade here is only is a fade trade and by the way this is showing that we're probably going to rip right through here right so this is tick straight first and foremost let's get this set up 1309 9250 is the top of the zone sorry if it feels like I'm all over the place because I am because there's a lot going on right now it's real hard to do all this on one screen and not make mistakes and miss stuff and so on and so forth 84 quarter this is the bottom of the zone ATR is 19.95 just rotating about 20 points every five minutes right so to make this a long setup I didn't I demand it gets an ATR out of the out of that zone right so that would 181 ATR validation price is 112 131 1250 so the minute that touches 131 1250 this is officially a bullish setup didn't quite get there yet and I'll any kind of short setups are off the table and I'm just looking for long so so right here let's see where we are in our I already know we're pretty much at the Izzy and we're kind of through that Izzy zone this stuff later too that's apex and those are each one of those accounts that I was telling you about for the trading strategies all right so what what's important here is we are on Izzy inflection zone this is close to red lug this is close to extreme standard deviation of EWAP as well so that this is actually a pretty good area to short doesn't mean I won't take it long for certain strategies no so this bar strategy is the blind ATR retest failure right so any this is the most active strategy right so and I do this to show that this the edge is inherent just in this strategy just in this the way the market when you get the volume events that's the edge when you can apply this so I'm showing my room you can trade these barf trades we call them right blind ATR retest failure name funny names too so they're memorable waiting for ATR retest failure you take the trade waiting for ATR retest failure take the trade obviously this is the most active because you're just basically trading every single volume event but there is still an edge this will this is a profitable trade over a series and I proved this a couple not last December December before to my trade room I did this for one month I didn't care where we're at I did on the lugs on the charts no indicators all I did was wait for ATR retest failure and it was profitable trade for the month of and made like 13 grand trading like ones and twos right so the point is you don't have to trade barf because it's very aggressive and it's very active and it's not the best winning percentage it won't be the best winning percentage out of all those strategies but the point is if you can get these volume events in an area that you deem important then you have an extreme edge right so you already know what you look at say you trade Bollinger bands or even the Ludwig levels or whatever yeah they're strong on their own at certain times but if you can add a volume event there that makes the edge extra extra strong extra special if you will right so that's the barf so these are the different strategies that I would trade so if we if we move a little higher here I'd be looking for a slug a stop run and a major lug in Nasdaq the liquidity trades where we take the trade where we get a volume event and we just trade straight to the liquidity where our target is the liquidity inflection zones is easy we talked about the barf the dumb and dumber aggressive opposite delta we haven't talked about that at let's just see if that's in play so that's where I'm looking for extreme standard deviation of VWAP right which we're at where we were and that's why see guys this is what goes on all day long you have these algos when you get to extreme standard deviation they snap it back trying to get back to the mean and you can see which is VWAP right snap back they just did it again so we are taking advantage in certain situations of these algos that play these games right so instead of fighting algos and saying trading is impossible and it's manipulated and it's 80 90 percent of the trade is algos blah blah blah we're taking advantage of it right if you can't beat them join them so knowing all this these are different strategies that I will take so right now the only thing that's really in play with this last setup is just a barf trade so there's not this could be a dad at let's see so well I didn't explain this one so dad has where you get the other I guess this is a dad so I could take the dad dad sure you're too so dad is extreme standard deviation of VWAP with a volume event a stop run not a volume event a stop run at extreme standard deviation of VWAP with a diverging delta so this isn't a crazy divergence but you can see this market made a higher high and this cumulative volume did not what is this this is just CVD cumulative delta bars it's just showing you who the aggressor is I don't use the terms there's no more buyers than sellers more sellers and buyers there's no such thing there has to be another side of the trade right but it just means who's the aggressor meaning they're taking bids more they're taking offers more aggressively than bids or they're hitting bids more aggressively than taking offers that's that's what this is showing you who the aggressor is right so you can see as this made a higher high the buyers we're not taking we're not being as aggressive right so that is this is an official dad act right too if this doesn't get an ATR buffer did it came real close let's see here you want to keep adjusting this too if this changes this is up to 20.18 all right so did that get to at the time it was like 11 something right I don't think we got up there all right so this is still an official I mean not an official long setup so I can still take shorts is what I'm saying so for the way I trade if this market is able to push an ATR outside of the zone this is can only be a bullish trade for me I will not take shorts this did not get an ATR so I can still take my shorts so the trades I will take now the barf blind ATR retest failure I still have to wait for ATR retest failure to go short but the dad-dad trade is an aggressive trade so that is this dumb and dumb or aggressive opposite delta trade so nqis iceberg by nq 151 contracts it's got to come in to make it more confusing for you guys but I'm still going to trade this setup but I could potentially trail my stop to this new setup coming in so you may be confused and again I understand newer traders and it feels like a jigging out of a water hose what am I what I'm doing is not that it's not that complicated right it's just it's just a lot right now if you're new crude ice iceberg sell CL 151 contracts so anyway to short this I can short aggressively for the dad-dad strategy 13061 I can put on five MNQ based on so each one of these accounts I'm trading I'm risking 500 so I'm doing the apex that's this here so I'm doing the $150,000 account which is really only a $5,000 account because you can't lose more than $5,000 mqis iceberg by nq 155 contracts all right there's still stuff firing in here but by the way hold on I may have missed this long year long opportunity and yes let's see what that validation price was so to go long let's just make sure this is still accurate that's actually 4.070 now all right so did this get to 8250 first and foremost yes it did all right so this is a lot this is the bar if anything right why volume event ATR here's your retest that happens pretty much every time feels like we actually have a strategy for that that's the strategy where we play for that so I could be along this I'm already missing this 83 quarter and I could put on I'll put on eight sorry was not covering that but that's what I'm gonna do 83 quarter and that is barf right so I was already long barf from last night now we'll go over that if I can ever get over there and now I just added to that trade because this is a brand new setup remember my stop for that was down here this is an officially a bear a bullish setup and actually I could put on the lick trade too just saw that so hold on let me put that on as well all right so now I'm long two strategies in the s the barf is just any volume event ATR retest failure then what I did is I put on the lick trade as well that's where I trade in the direction of liquidity if the volume setup occurs and that's a conservative entry type trade to where I play ATR retest failure on that so I've got two longs on now ES so my the lick trade it's only seven points away and I'm fully aware that actually there's more up here so I will so this will be a good example as we get up here we'll watch how this reacts to this liquidity so I'm not going to get it for the lick trade that I just put on I won't get out of all of them here because you got this band up here too but I'll watch this if it struggles this is where you want to use your bubbles and we're going to use tick strike up here we'll keep an eye on this and I'll decide how I'm going to how I'm going to get out of the lick trade or if I'm going to let it try to plow through there and get up to this 4100 liquidity but either way I'm long both strategies there in queue what did I I forgot what I was even doing here I don't think I put anything in here yet did I well I was going to put on Dada right you can see there's all this this new ice is coming in here too so hold on a second 170 167 all right so this is what I'm going to do here I'm going to play I'm going to put the Dada short in and then I'm going to draw that new volume event and then I can actually trail my stop to that if I get so so let's just look at this one more time make sure your ATRs right so as long as this market doesn't touch 1275 my short I still have a potential to short this this first volume event that came in over here that we just drew this one right here right was this special here all right so that's what I'm going to potentially take the Dada so you can see I can have different strategies I could be short and Azek long yes it doesn't matter and trading this way it's not conflicting where you're like which I've done for many years because I've had all these in my head and even on my webinars I'm like well I'm going to go along here but this but then we have this this and this and this is what most traders go through right this can this conflicting thought process where they they can't put on a trade because there are 85 indicators on the chart you know 42 of them say go long 37 of them say go short and they sit here frozen and don't do anything right so with the way we're doing these is I don't care what if I see a slug I don't care how if there's bands and bands of liquidity above if I see a slug to stop running a new major lug like oil prices may be in a second I'm taking that short that's just one trading shot so if you can set it up this way either on apex or if you have your own brokerage accounts you can set up different brokerage accounts and just trade these individually and it just takes out so much of the conflict of your trading it's just like you don't question it you're like if I see that I'm taking that if I see that I'm taking that so and these are all inherent where say I get short that right and then I get a lick trade that turns bullish well say there's liquidity up here and I get short the this trade the slug and then it moves down a lower lower I get a new setup that's long well guess what the way I have the structure the way I trade these zones is the minute this breaks an ATR out of the new volume event I would be out of this trade anyway so I wouldn't have I wouldn't be short one and long another you know I'm saying so that's the beauty of this system as well you're not going to have conflict especially on apex you can't have conflicting you can't have conflicting things on anyway conflicting positions so anyway click quickly for this this is on my website I believe the for the code the Colts Palsini 50 that gives you the discount I think they're they had a sale I think it's ended today that always seems like another one comes out but they claim there's not going to be another one for a while so that gives you 80% off of that so instead of instead of paying the whatever whatever that one is so I'm doing the 150s on most of these the 150 I hope you can do any of these but it gives you 80% off of that price so I think it's Palsini 50 so this is all my website guys to go to my website and you'll get all discounts to all this stuff discounts to book map global plus there's your apex click on that I think the code there you're right there that's the code so we'll get in it in the apex stuff a little a little bit it's soy oil ice iceberg sell ZL 150 for contracts so I've done you know back in the day right when I got pretty much knocked out of trading I was trying to get funded because I was not at a trading firm anymore and I did a couple I did one still it's still out there but I'm not going to name names but you know these these most now these they're dying they're they're coming out of the woodwork right because if you think about it this is a great business model right 95% of traders fail well wouldn't wouldn't it be spark to come up with a business model where you take advantage of traders failing so you know apex does obviously charge for this stuff but they are interested in actually funding traders and that's why I endorse them right there's plenty out there that I can endorse this kid this was recommended to me from recommended to me from a veteran trader and I you know I confirm with him because I had a bad experience with the other one where I knew they weren't they didn't want to fund traders they were just looking to milk traders out of their account because I would like qualify I qualify for the for the the tryout it was named a different name I don't want to name the name because then you'll know exactly what I'm talking about then I would I would I would pass that then they go okay now you got to do a live a live tryout with live a live account I would pass that then they may okay now you got to do a secret a secret squirrel double double secret probation account it's just like that shows me that they were not interested in funding traders right they're interested in taking money from traders that don't make it so again I put my name on this on this on this company on this trading trading company and get the other word but I endorse it so and I'm trading them I when this came out I just started this last year I did my own accounts my own tryouts to show my trading room that one they give you an account to trade and then they pay I've been paid by him as well on certain accounts so they are legit I put my name on it um and I can tell my room that you know everyone gets all nervous there's always going to be a bad app like someone that feels like they're jaded like I I made a bunch of money on a number and they didn't pay me you're going to see negative reviews but trust me if they weren't paying people in this day and age with the internet you will know in about five seconds on twitter and all over the place if they're not doing what they're saying they're going to do is so like I said I've been paid by him I stand behind it you know I'm not affiliated with them as far as I'm not part of the company right but I'm this is the best thing you can do as a trader if you are struggling if you don't want to trade your own money it is a night and day trading your own money versus trading someone else's money right that's why you know as a trading um we're at a trading firm it it's just night and day when I I'm a perfect example so when I had a trading firm backing me made millions of dollars then I stopped making money right around 2006 2007 actually it was late 2005 2006 and then I had enough money at the time where I thought I could back myself as soon as you start trading on your own it's a whole different story where you've got to pay your mortgage and your car your kids' education you do not think the same way when you're trading you start to trade scared and when you trade scared you gamble scared whatever you are not going to make money I can guarantee it right so that is the benefit of using something like that where if you're you're working on your trading you're working on these strategies even if you come to my room and you're like hey I want to do exactly what Scott's doing well fine do it like this where you're not risking your own money you're only risking a very small amount right like for right now the hundred fifty thousand dollar accounts like sixty dollars to get to potentially get funded right so you practice on you practice all these on these different accounts and if you blow out big deal you gotta end up another 60 bucks and if you do well then you're funded and then you're not trading your own money anyway so it's a no-brainer to me and I started doing these because I wasn't going to fund all these accounts with my own money because one of the main reasons is because I make so many mistakes when I'm on the webinars and I forget orders it's like if I do blow out these accounts live yeah it hurts I gotta go through the whole process again it's only seven days to get qualified or whatever but I'm not blowing out my own accounts on mistakes so on and so forth and this is just so much easier for me to keep track of all the stats show this up yeah I do so then I bring you know we haven't brought this we're doing this once a month keep track of the stats but this is not the only thing I should have these discounts on this one right on my website as well but you keep track of all your trades and so all those strategies we're going to have the exact over the next month two months six months you're going to know the exact winning percentage of all these strategies as well so all right so that's my spiel on that I did not did I get filled on that okay yeah so I did get filled I am filled here on the ES so my stop's going to go so I'm long the barf trade I was already long the barf from overnight and I just added to that so my stops here my short remember I was going to short aggressively off of that Izzy that is canceled because this got a full ATR above there so all I'm really working now is to stop out down at you know I'm long lick too right so I took the lick trade and the I took the barf trade ATR retest failure and I took the lick trade playing for this liquidity up here and up here same thing so I have both my stops are going to be down here and let's just see where that is so once I get filled I don't mess around with the ATR whatever the ATR was when I got filled that's that's what I'm for my stop is so that stop is 69 quarter so let me put that in and I'll try to answer some questions so just quickly you know I'm not putting on live trades on the webinars anymore just just better for compliance and there's no need I'm talking you guys through exactly what I'm doing but this is the trade I add on overnight and I just added to it right so you can see this is a decent profit for trading micros right so I had seven on oh I had 13 on overnight I got out of half like I told you and then I just put on another seven so that's the current P&L and that's what I have on right so that's for the barf trade and if it comes down to 69 then I'm stopped out but it's still a profitable trade overall all right I gotta just decide if I'm gonna put on this day-to-day trade or not let's just see the internals here if we popped up I'm still not trying to up but something to note this thing cannot break minus 500 tick which is not you're not going to see major sell-offs if this thing can't start hitting extreme tick readings a thousand or more right doesn't mean it can't pull back and sell off a little bit but you're not going to see like some huge down move if this thing doesn't start hitting extremes same with the same with uh you could see Nasdaq's barely touched negative 500 like once so that is not bearish overall it doesn't mean this is not you know I don't just because the tick's not doing something you don't see that in my I don't have my trade I don't have the actual um descriptions of these because it's proprietary in my trade room but you guys were seeing what I do but the point is I don't have that as my as part of my trade plan so if I just see this I take them I don't say well tick I'm trying to take out as much subjectivity as possible right I'm like well tick's not making a loan so I don't know if I want to take this dad-dad trade right if I get the conditions for dad-dad which we just talked about I'll put on the trade so let me hurry up and do that since I still haven't put that order in and then I'll try to answer some questions here on youtube um let's go over to Nasdaq this was that zone there's been a new zone since then but I'm gonna show you what I do with that let me just make sure this is current yeah it's 20.02 all right so the dad-dad trade is in play that's a shorting that's a short aggressively shorter 61 quarter I could put five so dad-dad is number 41 so dad-dad I think is the closest to getting funded let's take a look here so these two blew out so it's very easy to blow out so this teaches you another great thing about the evidence it teaches you to to trade correctly as far as your risk right so it's always a it's a trailing stop so until you're funded so if I make I've had this happen multiple times it actually happened with one of these two where I was up like you know when I first did this I was up like three different times I was up like seven eight grand and then I would have a routine drawdown which you're gonna have trading and I would lose back five so I still be up three thousand and I blew out of the account I'm like that's not that's not very good but it teaches you that you've got to you've got to control your size so you don't pull back $5,000 so even though I was profitable I lose the account I got to re ante the 60 bucks to right up but anyway so 41 yeah so that one's up 3,700 bucks and then there's another one that's close to being funded here this one here is only I'm only 2,500 bucks away from that one that is 44 what's that one that is that's the slug so the slug's the most profitable right now but I'll bet anything because I know because I know I have the most powerful edgy composite we have that all these will be profitable and they'll all be live very soon so this one's live this one's the Izzy trade I did that and I tried out the the 50,000 account so that's what this is but that's up 1,600 bucks this is a live one too so this one's close to getting funded this one's halfway there this one's up a little that one I need to trade more I gotta pay more attention that's one of the strategies that I haven't been on top of and then this one this is the barf that's the one I'm currently along the s and then this is the new slug so I mean that's slug all right so why was I looking at that again okay so anyway oh yeah because I wanted to see but I thought the dad dad was the one that was close to getting funded but dad has halfway there all right so anyway 6 to 25 is where I will short this that's still 25 points away so I'll put on uh I'll put on a five lot that's number 52 and if it comes down to 61 25 I am short the data setup other than that I'm currently long oh and then the other thing I want to do too is if I do get filled I'm going to draw my let's just draw this now so I already have that in so here's a good this is what I was trying to show you guys right so if I get filled on that short based on that first setup my stop would be so I'll short a 61 quarter my stops at 115 131 1550 right now with the new setup that's come in since this I can still short off of that setup but I can trail my stop to this newest stuff right I know I said 200 is my threshold for today or at least this morning but these are back to back to back and this is very likely one house so I'm going to incorporate all three of these which is over 400 dice so what I'm going to do is I'm just going to get rid of this because this is pretty much in the same area and then I'm going to draw zone to this and you're going to see how I control my stop if I do get filled on that short to this newest this newest event this is the last thing that's basically happened here so that looks like this correct so I got all the prices use your cross here cover all the prices in these spikes you just see it as you go across all right so that new zone is 13090 down to 079 50 so we'll see how this changes from my stop different banks all challenging much for these off to the right that's okay 13079 50 80 hours so this isn't a great example because the zone is actually in the same as the next spot so I was going to short out it or just short out stop out at 131 15 like I'm moving down a whopping two two and three points big deal but the point is if this moved lower or it could still move lower right so say so I got this short working in here which I do right there and this comes down and it fills me it starts moving down and a new volume set up comes in well then I could trail my stop to this new setup which would be like right here versus all up here and that's how I trail my stops not because I want to break even not because I want to save profit whatever I base my stops on something that occurs in the market all right so no fill there and I'm still long yes here lick and barf so wait and see what happens there and now it seems like paint's drying quickly and then I'll try to get to some questions there was a setup here include 500 stops that's a lot hopefully I didn't miss this trade so you better have just drawn the lines and then getting back in getting in the or you stay in edit mode net gas ice iceberg by ng 151 contracts you can just move the lines around but because you got it I got to pull it over to see if that's net gas ice iceberg by ng 151 contracts looks like we're trading that gas too so this this incorporated all those spikes sorry if I'm c.s treasury to auction $48 billion in six months my point is you draw this at $57 billion and just put the lines on the chart and you're coming at it and then just drag them over so they haven't get back out of edit mode pull the screen over find how far it went right and I complain about these 1982 Atari drawing tools forever they hear me but it still hasn't been fixed yet so all right so it looks like I just missed a trade here 73 36 down to 73 17 is your zone so head over here to crude and we'll see where we're at bigger picture 36 73 17 21.9 0.219 just means it's rotating about 22 takes every five minutes very very very important as far as risk and everything else all right so this is clearly a long setup already all right so if this market touched 73 58 it was a long it went well beyond that right so I'm hoping I didn't miss an aggressive trader the barf's always in play like I said always always and forever any volume setup that goes at or more and a retest of failure I will take that trade the lick trades and is in play here too you see all this liquidity sitting here quite a shocker this one got filled so if I get lucky enough and it comes like this I will take the lick trade two to go fill that that's been in here since basically the open button in the open all right bigger picture I'm sure I missed a trader somehow because that's how it works for me so no I mean this is so this is a potential Izzy if I get a short setup in here and the long is not an Izzy because the Izzy's are fade trades right so the stop run actually up in here anyway but if I got a long setup here that's not an Izzy that is Izzy's are fade trades so basically all I see here is the barf trade barf long and the lick lick long are the only trading strategies that I will take let's just take a look at it here so here's another example of these algos extreme vwef standard deviation algos snap in the back right that's why we have strategies for that and it pumps right off the baby log too so these are the major lugs these are Ludwig levels that's not on my website you can go to her site I'd say this every webinar but it's the Ludwig levels.com I make fun of her website all the time she doesn't care come in here put in your name so you sell on bookmap webinar and you get a three-day trial and you get special pricing if you decide to subscribe all right so anyway there's the most powerful thing I've ever seen in my trading futures trading I've been using it for two years now they are absolutely ridiculous as far as support and resistance you know playing fades and coming up with context when it draws new logs so on and so forth so you guys here we talk about them every webinar I don't bring in new things into my trading very lately it's not new now but at the time I had one of my traders that I was mentoring he just kept raving about him and I'm just like you know I just figured it was another indicator and then I finally started watching them and I was like holy crap these things are ridiculous so they are a big part of my trading and we actually have strategies like this the slug that I trade off of them right all right let's see if we get some so basically I'm just waiting for retest failure of this zone if I get it so this is this is the point right like for the way I trade I demand that for what I'm going to do for these strategies is there a chance this doesn't come back and it just goes like this absolutely but you know from trading thousands of these like I keep saying I just know the best way to trade these if I don't want to be aggressive and there's no there is nothing on that chart there is nothing on this chart that tells me I want to be aggressive along right here so I'm willing to accept the market just ripping higher from here because this actually if anything it's looking like a shark is it still in this is he this is this is a bearish market on top of it right all it's doing is coming back to this the bottom of this balance this is not a bullish you know long-term bullish where I just wanted I have to get in long aggressively right so that's why I wait for the retest failure I may not get it if I don't get it there'll be another setup right around the corner and I'll get along on that one all right so just being tortured here in the ass let's see if there's any questions in YouTube here and wow there's a lot sorry let's see here how do you calculate ATR again I don't calculate ATR the thinkorswim this is just a 14 period wilders right there ATR 14 period wilders and a five minute chart google wilders ATR tells you all about it this is the default on thinkorswim so I don't calculate anything I use the five minute ATR for every market I can tell you know exactly what you're doing okay I've been doing it for a little bit about 25 years and the as trades yes we're long as I know some of these were from a long time ago so I'm sorry I'm just kidding now if we go to apex I have to trade with Ninja Trader no you can trade I trade directly so like I showed that I trade directly through you need rhythmic and that's part of it they give you the rhythmic data feed right but I trade directly through the through the rhythmic dome depth of market right so no you don't need Ninja Trader um that's why you just stack account no trading drawdown yeah you can they've got the different accounts there again you can do all these you got to read up on them again I'm not I don't claim to be an expert on all these I just plugged it in and did the 150 and that's all I'm doing but you got the static here I'm telling you if I put my name on it then that should be enough for you guys but if you want to go research it yourself go ahead you know like I said if they weren't legit you would know in about five seconds and I've been doing it for over a year now so different accounts with them uh what's your thoughts on discretionary trading Scott as far as what cap logic what do you mean without rules no you have no chance right so I was the biggest discretionary trader of all time basically as a scalper not of all time you know what I mean and that's why I made millions of dollars where I was just flipping orders in the order book judging the order flow not even really looking at charts right but you have to have rules in the trading if that's what you're asking me but you can expand on that if you want and I'll try to answer didn't mean how you calculate tear was referring to what time frame you use for a tear savings yeah five minute five minute mark for each market you have some way to copy your trades on different accounts using book map you mean for apex no that if you wanted they do have the trade copier and there's multiple people in my trade room that are doing that uh where you can trade it across you know some guys with like 15 accounts um you need to trade it for that so I actually have to get that I may eventually move over thinkorswim the ninja trader I just I don't have the time right now to learn a brand new software so all right so that's all the questions in there so this is what I was getting to earlier so yesterday at the close of this little zone here that I actually drew the zone to this morning we saw about 16,000 plus buy ice come in here this was the record up until then that was like 15,000 the most I've ever seen and then we saw 15,000 so we got we had the barf set up so there was uh there was um actually I didn't take it I what did I do so I took it after the globe X reopened because I was still waiting so there was a bunch of ice and I was waiting for the ATR which we got then I was waiting for a retest and a failure and I finally got it and I got in last night and then I showed you where I got out I still have half of them on but it was all based on this whopper insane 16,000 buy ice so mark this zone down in the soy oil ice iceberg buy zeo 155 contracts is going to give you information in both ways if it comes back there that's going to be a great opportunity to get long potentially if you get a volume setup if this marker comes back and melts right through this zone that's giving you incredible information too and we're probably going to zero which I've been hoping for for many years now one of these days will happen what I tell my room is if it happens we're probably in a nuclear war and that probably won't be good but at least I'll see zero potentially before before I'm gone not making light of nuclear war but you know what I mean if this marker goes to zero for real we're all in big trouble but I can still cheer for it to actually be realistic like this is guys this is I tell my trailer in this every day lately it's a perfect example of not trying to impose what you think should be going on in these markets you just adapt to what you're seeing right after the bank meltdown and everything else that's going on in this world inflation blah blah blah blah earnings coming in poorly all that stuff you think we'd be down here instead of rallying to trying to get to highs like it makes no sense it doesn't need to make sense it doesn't matter if it makes sense to you what matters is what you're seeing here so you trade what you what you see now what you think right I'd say in two all the time what's the saying the markets markets could stay irrational much longer than you can stay solvent right so just remember that it doesn't matter what you think should happen let the markets tell you what it was happening right so right now like I'm painfully long yes I mean I think this market should be at 3000 it doesn't matter what I think it matters what the market thinks so I trade what I see through dice iceberg sell CL 151 contracts right so I never got to retest that zone you got some new sell ice coming in here and CL but this is what I was talking about right I mean this liquidity just got filled but there's a whole other band up here so you know if I don't get that one then I got a brand new setup I draw my zone I do the same exact thing I was going to do down there all right so this was not threshold but this was 171 150 is my threshold and crude started so yeah I got told so screwed up with this time change it's Arizona doesn't change and it's just a big pain in the ass so yeah I got a point been on for a little over an hour 930 is when I dude starts for bookman all right so this was a so a nice clear zone here right 74 31 down to 74 22 so we'll go over the trading strategies I may take here 74 so I said no 31 down to 22 got a real real good short-term memory that's a point 224 is your ATR all right so first and foremost to make this a long setup all the prices are in here that's the beauty of this thing I don't have to eyeball it anymore it's like black and white thank you George Labrada for helping build this thing he's one of the traders in the trade room NQ stocks topped by NQ 226 contracts all right this is a possible so we'll come back to CL this is a possible slug and I already know that because this is what you need to know if you're trading all your areas so when stuff starts firing off you're not scrambling to figure out what's going on where we're at here's it's not quite there yet but this is a slug because it could touch this lug so here's the volume event I'll bring it up in a second that won't be a full ATR if it touches and it fails so this is a slug right if it if to get to the lug it's a full ATR from the volume event then it's not a slug because that would be a bullish stuff see what I'm saying so I never shorted this by the way and I'm still on let's see does ES actually gonna move like NASDAQ and QI sites for buy NQ 151 contracts just so you guys know it's not rocket science to figure that out but plus this thing's been going crazy and ES is just rotating so anyway let me I'm probably missing a trade here as we talk you gotta be quick with NASDAQ right this is the problem doing the one screen I mean this is an aggressive entry so I gotta be in like immediately here that started there I have a feeling those ES trades are gonna take it on the chin but that is what it is guys trading as probabilities you if you have an edge you just keep taking them you keep taking them you keep taking them and over the long run you won't make money you're gonna short run you're gonna have losers that's just the way trading works if anyone tells you anything different run as fast as you can from them if anyone tells you they're 80% trader 70 even 70% 70% it's okay I mean it's hard to do with position trading but they tell you they're 80% or whatever you just laugh at them and run the other way because they're full of shit pardon my language 1311 75 over long term I'm talking not a day or a week I'm talking over months it you're an 80% trader you are a savant I mean if you're not you know just not talking about two tick scallops stuff like that I'm talking about position trading right this obviously is not correct because it's not an exact price so what did I do wrong here I'm sure it has to go away from me here too so so I know I know you guys are saying well the sweep started here yeah but the price already traded here once this is a good education here it already traded here and it didn't cause that stop run so there's no way that price caused that stop run it was this price once that triggered then it then it so the sweeps did start here but that's not where the stops were because the sweeps have first right to the orders so the sweeps don't have to be the stops so somebody actually I take that back because I didn't see that it is a good example of how you draw these zones it's not always the exact you know line hold on here that was only 38 I'm just gonna keep it like this because this is where the threshold came in or started to pick up so I'll keep it there one or six quarter some of the stuff is subjective guys it's not I mean most of it's black and white like that crude zone I just drew that's it was like slappy in the face very easy some of these are not you know it's harder to decipher and it's just trading it's not it is what it is like if you don't if you can't figure out the zone then don't don't trade don't trade the area right make your best judgment most of it's black and white but like this one it's like it started and it was like 40 40 lots not even right here like 13 38 38 and then then it spiked right do I really need to draw this down another however many points it's only four points I guess but I think that's an accurate zone and that's where these sweeps started to so 106 quarter I'm gonna miss this trade I think I already missed this trade and I'm gonna be stopped out of my long and not have the short on so as short aggressively as 84 for the slug I could put on five that's not there yet good all right so slug is number uh slug is number 44 it's shorted 84 it's almost there right now that's not the right to count this is the problem I'm on different computers I'm about to be short slug this is the highest winning percentage of the strategies as of right now they'll all be pretty similar my barf will probably be a little lower obviously because it's such an active trade so I'm doing actually I don't want to fill this either I'm going to show you guys something too so I'm going to move this out of this zone I'm not going to fill in the middle of this zone I'm going to move I'm going to risk another four points and get out of this own five points so I'm going to put my short at 79 versus 84 this doesn't happen very often either but I don't like to stop out or fill in the middle of prior volume events I'm forcing this market to push through this volume event then I'll go short right this is very likely to do that at least the first time so if this touches 79 then I'm short the slug trade again the slug trade is a stop run into any major lug this is the highest winning percentage this is the one that's actually about to get funded too this one then I'll have two funded so this was a stop run it didn't quite get there but that's good enough this is actually dad at two I think hold on see if there's still a delta divergence yes in the big time delta divergence now so this is dad-short as well extreme standard deviation one and a standard deviation with a stop run diverging delta that's an aggressive short as well so I'll short that too that is number 41 so both of those are at 79 so again I moved it a little lower they should have been at 84 I'd already be filled but I don't I'd do my best not to enter trades or stop out of trades in the middle of prior volume events I don't do that so that's where my stop is I mean I have a stop to stop into the trade right now if this holds here and does one of these then I can go short barf as well right so I'll have three different shorts on three different strategies but do you see how there's no conflict here like well I don't know man this is breaking out and it broke through this zone here and that this looks so bullish and I don't know what to do if I get my parameters to put my trading parameters for these exact setups and again this is part of my trade room if you come in there I have these all documented and you can see the exact description because you know this guy's it costs money to be in my trading room for good reason I put a lot into that and you guys are gonna learn a crap load but it's like people are paying paying to be in there I'm just not going to give all this information that they pay for for free then they come to me and be like what the hell am I paying you for if you're going to give out the information right so I give you guys a ton right for just showing you what I'm doing but you know if you want the extra stuff like the spreadsheet and stuff then come to my trade room is I don't think it's very expensive for what I've seen other trade room these some of these other clowns that actually have no idea what they're doing and claim to be educators so that's my personal opinion but this is what I do all twice a day every day is actually what you see here and you will learn how to trade I can promise you that all right so I'm still in this this disgusting long that this is not again this doesn't feel good to you but you don't see me peeling out of my not getting out right I trades on I have my rules out of 69 I'm just telling you for how much this thing has been this thing has fired off probably 20 times since we've been on this webinar and ES is just and and Azek made a higher high this thing's just sitting here spinning at this spot gamma level not good I'm hoping it does that but if this comes and stops me out I can be surprised but this is what I'm talking about discretionary trading I'm not just getting out here because I feel like this is going to end up doing that I have my rules in place stops me out I'm out on my next trade on my next trade it's probabilities show this every webinar finally got to a little bit of a rant here I don't know why this does this every single time though right let's just go through this quickly this is so I if you do come in my trade room you require me as you get this tattooed a real tattoo on your forehead kind of like a Mike Ted Mike Tyson tattoo I'm just kidding but you'd want to read this every day I'm a consistent winner because this is straight from trading in the zone directly out of the book except for my stuff right but I've added some stuff in here I objectively entered identify my edges whatever what is my edge my main edge is that the edge this is the edge you're not going to find my opinion of 25 years of trading you will not find a stronger edge than the SA indicator I challenge anybody to show me a stronger edge and let's go head to head let's let's do a little bet trading bet over like a three-month period I predefined risk of every trade right so we have my there we go there's the ATR we have the spreadsheet that you plug it in there you can understand that it's all explained but you don't even need it with the spreadsheet you just plug the stuff in and it tells you exactly what to do I completely accept the risk or I'm going to let go of the trade trading the correct size right this what you should be trading I didn't get it at the apex accounts I'm trading bigger because you know I'm willing to be more aggressive with that it's not even the especially the tryouts it's not real money so I can be more aggressive trying to get funded it's not a good way to condition yourself on how to trade as Jorge Labrada pointed out on my trade room but for me I can trade 10% of the account size if I blow it out I'm just going to Rianni but if you're trading your real money you should never be trading more than one and a half to 2% of your account I act on my edges without reservations or hesitation that is what I'm trying to tell you guys if you can get your rules down it's and it's not discretionary it's you have everything down we're not trading by your gut right and these are you know what we're working on net gas ice iceberg by ng 163 contracts I and so this is when I you know when I put on my position trades this is where I'll get out of pieces so I try you know you should not be trading just one regular size es or one nasdaq trade 10 micros and that allows you to piece out of the trade kind of like I did with my overnight trade if not all if I just put on one I had a like on 13 well that was basically equivalent to one one lot a little more than one lot well I would have just been completely out of the trade then like this way you can get out at certain points right so these are the areas I get out Ludwig levels obviously market profile composites high as those POC as we haven't talked about market profile a ton this webinar I'll try to touch on it before we get off vwap extreme standard deviations we've talked about that at length spot gamma levels yeah absolutely struggle to get through having rest this is the reason I got out of that overnight trade or a portion of it important pre-device zones that's the easy trade those are the those are these zones here these are things are incredible as well this isn't rocket science it's just drawing these zones to the important areas of charting the four important areas of charting which are tossing bottles of balance areas high volume nose of balance areas directional conviction and buying and selling tails same structure same and same price as I have been so say say I end up getting nasdaq's to get an example of that here so say I do get short the nasdaq here I do get filled on this short oh by the way you guys ever seen this this pattern here sure my trade room just caught that here's your atre test so now I can go short short barf as well so I'm gonna put on I was already gonna put on aggressively da da easy slug now I got barf that I'll put on as well so I got three strategies now that I will be short what could go wrong hold on a second let me put that in that's at 60 what did I say 75 79 right so it's really slow all right so now we have guys this this we literally have this trading strategy for this exact thing this is a more of a really short-term scalp that's a 180 art it's us to the zone this is what these algos do five minutes away we're joining the algos instead of fighting them the US selling 60 billion dollars a week so we get that as well private cover as well two to 54 all right so let's just see if we get filled there it's real close to a fill all right so now I'm filled wasn't I didn't put it that much out of the zone so I might get screwed here as far as this could just hang on to the bottom of the zone and torture me for a while meaning it just bounces right off here and then comes back and does this this but so now I'm short three different strategies in Aztec I'm still on yes I don't it's not affecting my yes trade these are these are different markets I'm long one short the other I don't like to do that but that's what my strategy commanded me to do so that's what I I'm long two strategies here and I'm short three on Aztec one of them is going to be a winner I would think but we'll see I don't see just any more questions here getting close to the time if we sign up for your program do you call out your trades yeah I do exactly what I'm doing here I'm not trading like and it's just like for compliance and it's just it just makes it safer for me where I'm not you know people are like well he's suddenly I saw him put on his trade I'm talking you through everything you can hear my trades you can see the prices in the spreadsheet I'm not book map actually got me the idea they're like we're not gonna have you just do live trades anymore and it's just it's just smart it's just protection because you never know you know the CFTC has very stringent rules on actually trading on the screen and stuff like that so it's not necessary I'm talking you guys through everything that I'm doing and I also say if you watch the disclaimer the spreadsheet gives you long and short so you may think I'm the worst trader in the world and I'm an idiot you can fade me it's all right here so if you want to go long and here's the prices to go long if you want to go short here's the prices to go short you do whatever you want to do I'm showing I'm telling you what I'm doing personally I have exact disclaimer that actually was talked over a lot of I should replay it again actually I am going to do that one more time just because so just watch what I say on this disclaimer all right quickly net gas ice iceberg by ng 162 contracts the list of what I say net gas stocks stocks lng 154 contracts right now it's fast that's what that's telling you right so it's just it's just protecting me I'm not putting on actual you're not seeing click the mouse but you know exactly what I'm doing and you can do it you can join me you can do whatever you want but yes I do that the step that's twice a day in my trade room my days that I don't are Friday afternoons I go golf because I gotta get away from these you gotta give yourself a mental break all right so quickly before I hop off here if you got any more questions throw them in I'll try to answer them quickly I'm short I was supposed to be short 84 remember I moved it out of there but here's my stop once I get filled I don't change this I should have actually been changing this till like I thought it was about the same so not a big deal but once I get filled this is the fill price I don't if this so that this contracts down to 15 12 11 this would obviously come down to I've learned the hard way on that too where I will bring it in trying to save save money and then comes up stops me the exact ticket and then ends up going so wherever I wherever whenever I get filled on my short wherever that stop prices that's what's staying in so 13134 is my stop price for those shorts for all three other shorts so I'm short three strategies and Nasdaq showed a long two strategies in yes I don't know what I'm doing not looking at natural gas this is one of the best markets to trade when you got volume setups because this thing can move 500 ticks on our feet here we go yeah just quickly see if there's a setup here I'm hoping this is an Izzy let's see it doesn't look like it actually I did have a zone here I deleted it today so this was I didn't think it was that important but it's capped up from this zone so this is prior balance here there's not really much here so I'm not going to force a zone here but you know we're the middle of nowhere there let's see if we see anything on the lugs if not the word the the barf is always in play I can always put the barf trade on but I'm seeing there's other strategies here you gotta refresh this one here sometime no new love jets so that's interesting so not seeing anything there so only thing really in play here is the barf trade so your zone for that is quickly remember use your price line this is where it started right there comes across remember so this is what I'm talking about right so for me to have to to move this chart I gotta come back take it out of edit mode so just draw your line then you can move the line because now you gotta get out of it move to move the damn chart so I got lucky on that one usually you have to move that move it you know to the spike end so that's correct so that zone just to show you where I will go along or short 2.112 tell you the spreadsheet is an absolute concept this thing is worth probably a million dollars on its own right as far as I'm concerned 2.106 $10 trader again give all the credit to in the spreadsheet takes so much off of my mental pressure trying to get everything right so this is the actual natural gas is weird as far as the atr but you can see the two different so this goes in the spreadsheet this whoops don't want to cross it out this one here not this one I don't know why they're different but they are basically just say it's moving about 11 ticks every five minutes 0.01 there you go it's covered to 63 2 to 73 in a high order four spot six percent four spot six percent this is the usl 61 billion dollars for the bills and awards 54 spots 0.95 it's all based on the atr not which are in these areas it looks like it might be a bearish seven out so I don't know yet 23 or 95 so once it gets there the only thing that plays a part so this touch this touches 23 and I'll wait for that that that I'll go long if it touches 95 first and I'll wait that that that that right so if that happens then that's disqualified the minute it gets an atr either way out of here the other side is qualified that's just the way I trade them from watching 4.2 million of these in my life and then the entry price to go along would be 24 right which is about is an atr plus 15 percent and it goes short would be 94 it's basically one tick more than the validation so hopefully that makes sense I will be watching that I missed a I think I missed a ton of stuff in here today there's been stuff firing off in here all morning yeah pretty much the same area but this is this is large 400 that's almost four times threshold so I'm telling you when natural gas gets rolling it's could be huge all right so let's see if there's any other questions here is this your room audio only or do you show your screen like you do here no I show I do everything I'm doing guys this is exactly what I do in my trailer to the to the I show my screen I show the spreadsheet we talk about the prices we go over the the bigger picture stuff what I'm seeing you know whether and there's also times right so say if everything lines up and I have a barrett like for instance this isn't a good example but say I say we're breaking down out of balance right this happened on the webinar a few on a book that webinar three weeks ago right and it comes back into an Izzy zone and I was just convinced I just had a strong conviction of the short right so and there was a bunch of things going forward and new and Izzy and there was a bunch of other things so I took I traded bigger size in that particular trade that's called an A plus trade well you can trade bigger size but if you're trading your own account you don't want to be risking more than six remember we talked about risking only two percent on an individual trade well you can up this to maybe four percent you can even trade six percent if you love a trade but if you lose on it you're going to be ready to shut it down for the day right this is the most you should lose on a day um so I forgot I was getting out there but um but you can't trade bigger size oh by the way that day that was the day I did trade bigger size and then uh uh Bostick or the hell's name is came out with the fed tape bomb and stopped me out of everything so that was not a fun day but then the guys that's trading that's why it's percentages it's not guaranteed you guys come in here and say I want I just want to make 500 or 1000 a day and I'm good yeah you can you'll definitely average that if you're a good trader and you're you have an edge and a profitable trader you're not going to make 500,000 every single day like you're getting a paycheck it's not going to happen especially in this type of trading right this type of trading does not lend itself to that I posted it if you go to twitter before I go this is actually because I love great stories the whole reason I'm doing this guy is is to help traders like I just feel I love I love educating it helps me keep my head out of my ass and then I just love it feels like it's me versus the man now right because I'm the retail trader again so I just love to show traders like what's really going on it just it's a great feeling for me so anyway I love when I get great stories uh for my trade room so this is quickly so this is great for you guys to see that's my twitter handle by the way I gotta start showing all that information Bruce used to show I like my trade room so first of all for my trade room just go to my website and go in here scott live trade room and there you can get my my course new courses coming out but if you come to my trade room when I release the new course if you're an active member so say just quickly if if you come in my trade room now and you're like I want to learn right now what this is this was made in 2020 still very relevant but a lot's changed since then but you still learn the setups and everything if you if you have if you buy the old course and you remember a live member of my trade room when I release the new course which should be any day now once I get done with it then you get the new one for free I'm not going to charge you again if you're an active member okay so just not but anyway you come in here and you click which one you want and then you also get discounts to the course and so on and so forth so that's my trade room this is what I wanted to show you here this is one of my traders this is live this is a real money P&L so this and all this guy's doing is following the he's not adding any subjectivity into it with his own his own reasoning whatever he's following the exact rules we're working on the trade room and look at this P&L so this was when I posted it when he said he made that that I'm like what in the hell man you're killing it so anyway he basically had one losing day this what I was getting at when I was talking about the P&L this is like an aberration right yet not that being profitable as aberration with this type of trading you're not going to make money every single day right and he even knows us we do because I mentor him to he does mentoring he's taken off since the mentoring but you can learn this all in the trade room too but the point is he knows that most trading months are not going to be 95% winning days right it's going to be like that that's what a real trading P&L looks like right but this is just if you know that then you're not you're not to spawn it when you have a losing day you're like this is just part of it did I follow my rules tell my trade room every day the end of the day how do you judge yourself do you judge yourself on P&L or if you followed your own rules it's follow your own rules because you're going to have days you follow your rules to a T you didn't make one mistake and you're going to have a losing day that's what trading is right so if you know this going in you're not about to jump off a bridge if you have a losing day right so that's this is a great I think this is great I wish more I know more traders are making money in my room that's the whole goal I wish they would share that but most traders aren't keeping track like him either all right one of my getting texted probably get off of the damn webinar all right guys I got to go quickly do we learn how to draw stop icebergs precisely to the trading room absolutely I actually have right here you can see that this is what my trading room looks like guys and you got a bunch of capable traders in there this is what I want I want participation so don't come in my trade room if you're going to be a secret squirrel all right but anyway you come in here we got the basics this is the zone drawing I got a video and here here's the level of level I did with her the webinar here live trading example how to draw zones add values to this spreadsheet so yeah you learn everything guys I'm not gonna just leave you to try to figure it out on your own eventually you want to be able to do it on your own obviously all right last question is do you have a free trial no free trials because this is the free trial you're watching the free trial this is what I do I laugh when people send me that it's like this is what I do right this is the free trial book map webinars are your free trial you get a discount if you buy a course if you buy a course then you get a discount to the room if you get it if you join the trade room then you get a discount to the to the course a qualifier apex 115 a couple days ago I had two losing days so far gonna keep psychology together absolutely you're gonna have losing days and it's very easy to go down the spiral black hole spiral so you gotta just and that's the other thing I pointed out in my trade room yesterday so you know when you're trading on your own you come up with these strategies you know you think you have an edge right you're like well I've seen this work 15 times this is my edge and then if it starts to lose which it will you're gonna have drawdowns then you're like well shit I'm part of my language I don't know I don't know if this works or not when you see people in my trade room winner winner winner and pointing it out posting charts you can be confident that you have an edge right so you don't have to like keep jumping from strategy to strategy this doesn't work anymore I got to figure something else out you know it works it's just you just have to understand how trading works and you're going to have drawdowns but you just stick with it you know adhere to your loss rules so on and so forth and you will be a profitable trader but you know I could I could sit here and show you exact which I which especially does buy here sell here guys will still screw it up somehow right so you have to learn how to do this and understand it momentum standpoint that you're gonna have drawdowns and stop screwing up a system that works this is the bottom line and that's why I showed that P&L that guy does nothing but take the reversion trade the one ATR reversion trade that P&L just showed and then he takes barfs that's all he does and he's just killing it so I love stories like that all right guys hope you learn I know kind of all over the place today but right now I'm still long yes being tortured still short NASDAQ being tortured and I'll watch natural gas for the barf trade on this all right I'm out of breath hope you guys learned something questions my email Scott at scoppelscenecharter.com or you can come on my room and I'll answer them there have a great rest of your weekend weekend and go I got you kind of win it all I want some significant significant money there too so cheer for you guys for me if you're out of if your brackets