 The broadcast is now starting. All attendees are in listen only mode Good morning traders. Welcome to the bookmap advanced webinar This is Bruce at bookmap and Today is a special event today. We're gonna have our regular advanced webinar However, it's gonna be hosted by Scott Pulsini. Many of you know who he is and I'll give it a brief intro here in just a second But this is can be live order flow analysis and trading strategies instead of us by Scott. Okay, so really looking forward to this We haven't done this before this is only for our bookmap clients and Excited to see you know how this how this all goes here Scott's been trading. Well, I mean, I'm sure you guys all know he's been trading for over 20 years you know Back in the early 2000s. He was responsible for about 10% of the S&P e-mini volume for the for the e-mini futures and Now focuses on both trading equities and futures expert scalper here. We're just, you know, pleased to death to have him using bookmap and You know innate ability here to read the order flow and understand the volume and price patterns here I need to go through this a risk disclaimer with you guys, you know Scott may be taking some live positions here, please. This is for education only. All right and So therefore I need to go through this trading futures equities and digital currencies involves substantial risk of loss And it's not suitable for all investors past performance is not necessarily indicative of future results bookmap LTD does not assume Responsibility for any profits or loss and any stocks options futures or trading strategies mentioned On the website newsletter online trading room Trading classes all information should be taken as educational purposes only it is the responsibility of each trader to determine their own financial suitability bookmap limited cannot be held Responsible for any direct or indirect loss occurred by applying any of the information obtained here One more thing here. If you guys are interested And reaching out to Scott Scott is not only a trader. He is an educator. Here's his contact information up here Don't worry. I'll be putting this all of this information here into the chat and in bookmap So the links will be live. You don't have to copy all this down or anything like that But I do want to go through just a few things here after his his Con you know his website email Twitter trade trading room here at we trade desk comm that he Has a affiliate link here from bookmap. There are special offers you can get directly from Scott if you are interested Okay, as well as he offers courses. Hey, this is a thing on our web on our Let me show you this hold on Okay This link will take you to this page here Okay, so a lot of the things that Scott's going to be showing here now Is is if you're you know interested in more depth here Well, there's there's all sorts of courses here We use four different courses or educational products that he offers here on our bookmap marketplace Okay, one that I think you might be well all of them. You might be very interested in But this SI indicator setups and educational course here I know it's gotten a lot of rave reviews So you might be a want to take a look in that and just reach out to Scott if you're interested Okay, so anyway, let's just turn it over to Scott and let's let's let him Take it away Could you hear me? Yes Cool. Oh, yeah, I mean, I'll be talking and then you know keep firing questions Actually thought I was going to be dead at this time of day and we're actually picking up a little bit So that's kind of good. Hopefully we'll get some setups, but I'll show you the trade I just took a magic before we got on and I still have a part of position on but any you know Well, I'm talking don't hesitate to jump in and with questions Let me I'm going to share my how you don't see a To share my webcam Bruce. Do you see that on there anywhere? Yeah, I never use that feature Second go-to webinar But I use this I use this go-to webinar for my my trade room at the week trade desk. Ah, okay And he has webcam. I was going to show my I Am not sure where that saying is. Let me take a quick look Let me show my screen first and then we'll go from there. Yeah, I don't see it Yeah, I don't see it either You know, it's got to have it here in some sort of option or another Yeah, let me do some research before I'm talking and then I'll yeah. Yeah, sounds good Because people are people are asking me what my setup looks like how many screens Sectors, so I just wanted to kind of show that I don't see always Yeah Anyway, yeah, I'll continue to take a look here. Yeah, let's see David You want the links here in the chat from Scott, etc. All the contact information? I just put it in there. So all of those links should work Okay, and take you to the areas that we were just discussing Okay Okay So I'm gonna basically switch between screens because again, I use this go-to webinar and my The live trade room I'm in and it all every time I start dragging my book map to other pages the whole thing starts to Shut down and turn black and so I'm it'll be more of a pain going back and forth between screens But it'll be it'll be better in the long run. So Do you see my Nasdaq screen here Bruce? Yes. Yes. Sorry. Okay. Okay, great so I wouldn't start as far as you know, obviously this is all about book map and most you know my history You know, I was used to be a large scalper the mini S&P and then That ended in around 2005 2006 With your low volatility and the algorithms taken over and then I spent many years trying to reinvent my style But I never you know, I was I never could become a elite trader again I was average at best. I mean average isn't actually pushing it as well. So I hung on for a number of years You know trying to find a new trading style that fit my personality and what I used to do and Trying to trade longer term and longer term meaning minutes instead of seconds, you know, so I eventually Had to leave the business in 2013 I just couldn't make money anymore and you know, two little girls and then family to sports I had to go to medical sales for a couple years and you know, I'd made millions of dollars And you know people always ask me why if you made millions of dollars, I mean, how do you why have to go to medical sales? I mean because you know, yeah, that's a lot of money But you have to remember is one you're splitting with your firm and you know You have a lifestyle and traders team everyone that is a trader on here knows the trigger mentality Which you have to have right? It's always okay. I'll make this back. I'll figure this out Right. You have to have that mentality and you know, I kept saying that to myself and working at and I just couldn't I just couldn't make money and you don't have money coming in. I don't care how much money you have It's gonna it's gonna disappear pretty quickly. So you can ask any NBA player on that one So anyway, I was introduced to book map Dr. Brett steenbarger who many you I'm sure know he's probably the top trading psychologist in the world right now It has been for many years For good reason. Anyway, he's always been one of my biggest cheerleaders and he you know He contacted me and said hey, you want to check out this? I might want to check out this Software program book map it it's right up your alley as far as showing you the order flow and what you used to look at It's just in it's a much different format but check it out So I the minute I saw it I knew this is what I've been searching for to get back in the game to become you know an elite trader again and I took to it right away and You know I started going back and forth with Bruce and then they asked me to do a couple webinars It's because I was having such success with it and you know the way I the way I explained things is very straightforward And that's for a reason. I mean, that's how I trade. I keep things as simple as possible as you're gonna see here I try not to use myself, you know When I put on trades and it's just in my opinion, it's the right way to trade You get many traders can attest to this and the more stuff you put on your charts The more frozen you become and you can't make a decision and you're getting conflicting signals and you know so on and so forth So book map first and foremost has been the generator of all my trading, you know that got me back If it wasn't for book map, I would not be trading right now put it that way. So I was introduced again probably about a year and a half ago and Again, I would I would not be trading for the book map so fast forward to today and you know book map is obviously Grown as far as what they offer and you know, I've done probably seven or eight webinars for book map maybe more and In all my webinars, you know, we've talked about I've talked about this liquidities I'll have a jar in here too as we talked to so you guys see I'm talking about so, you know my big thing used to be the liquidity levels and Markets reacted there and you know kind of showing algorithms and you know things like that But they've really evolved and continue to develop product for us traders that you know The big money has had for years and years and years, right? And you know, I say it all the time you see these, you know, just separate recently I think every big bank has just come out with like record earnings, you know Goldman and all the all these banks trading earnings, right? It's because they've had this and that's how it is almost every year You'll see these ridiculous stats. You know, Goldman made money 198 out of 200 trading days last year It's just like you're thinking yourself either they're doing something illegal and cheating or they have information that the general public doesn't have And I'm not saying they're cheating obviously I'm saying that they've had this information that now the retail trader and I can say us retail traders because I'm a retail trader again Right. I'm not playing around thousand lots or even hundred lots and trading six lots, right? And I'll get into that a little bit And it's going to be motivational for a lot of you guys as far as you know, size-wise and Understanding how you have to actually build up and until you understand things. But anyway, you know The point is book map has now given us the ability to see what they see and see what they're doing, right? That the most important thing is to see what they're doing and So, you know, liquidity is obviously the bigger money, you know quick recap Most of you guys are book my you're all book map users. So you obviously know what liquidity is, right? So it's just the orders in the order book displayed on the key map but recently I think in April They came out book map came out with this SI indicator and that's what I have down here at the bottom of the screen As well as a liquidity tracker. I'll just throw this up right now. I don't usually have it up Full time. I'll bring it up if I have you know areas and I'm questioning but So this is basically showing you, you know, I've done three webinars now on this as well Which I'm sure all you're familiar with at least the webinars and if you don't have this indicator You're gonna see, you know, hopefully if you see some Opportunities here where it is the most powerful thing I've ever seen in my 20 years I thought book map was the most powerful thing I've ever seen. I mean it is but when you add in this information You know, you're you're on the same playing field But so you have all the information as a trader is just how you how you interpret and disseminated and again, you know My course that I just put out It goes over five specific setups that I use and I'll go over some of those today to trade But you've got to remember too, you know trading is when you put on these trades It's not just purely right off the setups. I mean, I said this before as well. I think you can I think you could trade Specifically off only off book map only out the SI indicator setups But you know, you need you need to be able to catch every single one of them to make it statistically relevant, right? So most of us retail traders don't have we're not algorithms. We don't write algorithms So you're not going to be catching every single setup, right? So that's the case and you have to go to a longer term view of the market to come up with your thesis for the day For the week or whatever time period you're looking at to you know And then and then you take the book map setups and you apply those to those areas in the chart that makes sense to you, right? So You know, many people use different things and I mean most traders use bar charts or some form of them I've used bar charts for you know in my prior webinars. I've showed you guys, you know This the this is just think or swim I'm a big proponent of you know cutting down costs where you don't need it and regular bar charting You know think you're swimming and you got to put a hundred bucks in there or whatever And then you get the access to their trading platform, which is free, right? There's no reason to be paying big money for basic stuff like this But this is this is how I trade because you know again getting right getting back into the business I'm just trying to cut every cost as possible and I still do you know back when I was a big scalper I was paying out the nose just for silly stuff like I was back then I was paying like 1200 bucks a month for trading technologies. That's you know the dome that we see now that wasn't available back then I was paying like $900 a month for CQG. Just just things that just don't need to be you don't need to be throwing Trading is hard enough to generate profits. You don't need to be throwing away your money on on nonsense So the stuff I'm talking not nonsense, but things that you can cut corners and give her free So the stuff I'm showing you here today You know besides think or swim is paid But you know if I'm showing you it is because I use it and I think it's worthwhile, right? And I think and that's this what helps me be a profitable trader. So again, I'm not on here selling anything I'm not selling a book map. I'm not selling an SI indicator. I'm not selling you the task products or anything else I'm showing you what I use right and if you want to if you want to explore that and You know think that I at least have some kind of credibility Then that's what I want you guys to do right because I'm all for helping the retail trader, you know get into the You know be profitable, but I'm not trying to say anything So you take the information if you think it's relevant more power to you You you have all the information my links and things that I use if not then then not then you know going your own way And I wish you luck, but again, please don't think I'm in here trying to sell book map or tabs or anything else I'm showing you what I use and this how you guys interpret it if you think it's worthwhile for your your trading So I'll just show you this quickly just what I saw in my actual setup And then I'll show you kind of my my longer-term view. I look at the markets with the tabs and things like that So I took the short which is shockingly coming back I know no one on here believes that the markets would bungee jump like they're doing but Or they do it every single day. So anyway, what I saw here is So this is the SI indicator, right so for you those book map users that don't know Well any questions before we jump into that Bruce before we jump into this the stuff here No, no, I mean this is that's Exactly what people are looking for You know what your thought process was here and go over maybe the trade management and like entries exit etc I see, you know, you got your your position negative two right now. You're short. You've already taken the couple profits It looks like as well right, so Yeah, and then there is a question on just showing a little bit higher timeframe, which I'm you just you just mentioned so Yeah, I'll show that. Yeah, um So anyway, you know, I'm I'm a retail trader again, right? I was out of the business I was done trading I couldn't make money and until book map, right? So when I first started trading back in the days when I start, you know When I was making millions of dollars it wasn't where I sat down in my firm handed me, you know 3000 contracts to be trading, you know per per order It was I started out literally and back then there was no education as far as software trading on you know online Because the trading had just moved to the screens, right? So there was nothing it was basically Especially my trading firm. It was sit you down in front of the mark one of the markets You pick which one you want and I just picked it because everyone was making money at Nasdaq and even the SMP And I decided to start watching the mini SMP and it was figure figure something out or your fire That was basically it. So I mean, I'm sure everyone knows my story I want the first two months of my career and lost money every single day of my every single day I lost money the very first day I lost $2,500 trading one loss, right? And that's very very very difficult to do and I wasn't holding positions either. It was in and out and that's how bad I was, right? So my whole point is, you know, yeah You guys are probably looking at this while he's got a whopping two lot out of the Nasdaq You know when I first started I was trading ones and then two so ones and twos like if I like something I would trade a two lot or one lot. That's how I started So that should be that should be motivational for all of you guys that are smaller traders and even bigger traders, right? You know, you got to start. I don't care if you're trading the simulator. You've got to you've got to Get it down to where you have a process and you have rules in your trading and then Once you are comfortable in the confident and with what you're seeing and you can be proven that you can make money With a one lot then it's scalable to a thousand lot, right? That's what's great about these marketplaces where you can put in big size I mean granted you probably can't throw in a thousand lot in the Nasdaq But you certainly can do it in the E-mini S&P. So my point is, you know, I started out trading tiny So now fast forward to today. I basically started over, right? It wasn't like none of this stuff that I that I do now I wasn't I wasn't doing back then so it wasn't like I you know Nor did I have the funds to come in here and just start trading thousand lots again. So, you know I'm gradually one of my gifts is I can I don't care if it's a one lot or a thousand lot It affects me the same way as far as Being wrong or right, right? So that's one of my gifts where I most traders if you get them out of their comfort zone, right? They're they're print money trading five lots or ten lots or whatever it is And then all of a sudden you ask them to trade a hundred lot and they freeze up and they don't make the same Decisions because they're starting to think about the money and the profit and the loss potential and things like that So that was one of my guests that still is where I can trade any amount of size When I'm confident in what I'm seeing right? So, you know, I'm getting there gradually with book map with my size I'm trading my my base size is a six lock like I'll add to it and maybe have a 12 on once in a while But you know, that's all my my trading, you know fun can afford one two It's you know as I build up. I mean this SI indicator is incredible, but I've only been using this right about four months It's only been out for about four months My setups are incredible in my opinion again They're well researched and everyone who's bought the courses that said the same thing that they're seeing tremendous success with it But I'm not ready to just jump in trading five hundred lots on it either, right? So it's like, you know, because I'm finding out different things and as far as like the bigger time frame and different areas and things like that But you know overall it's still very very powerful So I was just kind of covering why my size isn't you know, I'm not trading thousand lots anymore I will be eventually right and my whole goal is to beat that be that elite million-dollar trader again And that should be all your guys goals, you know going forward and that you what I'm trying to tell you is you have the tools in front of you Right here to be that million-dollar trader There's not a doubt in my mind if you can understand what you're looking at and in pick your spots You know in trade like we were talking about this in the trade room yesterday trade like a sniper dr. Brett Always stressed to me, you know how you want to sit back and you want to wait for your perfect setups And then that's when you make your trade You're not taking half-hazard half-ass trades part of my language. You're waiting for your perfect setups and you put it on Right, so when I was watching the Nasdaq all morning And there were a couple couple spots that I wanted to possibly shorter and I'll show you why in a longer longer context or a higher time frame context But What I saw here is so back to this indicator, so this is the stop iceberg indicators So they can tell by the algorithm book maps the algorithms in the CME MBO data, which is only carried by rhythmic right now, which is Insanity to me that other software programs or data providers don't offer this information But it's good for us because we haven't actually other people don't have These are orders that have specific order IDs and that Book and then book my algorithms as well. It can disseminate, you know What kind of order it is based on how it comes into the book? So the the orange or stops the blue or icebergs I'll get into that in a second and then this is just liquidity tracker So this is just showing you basically the stuff in the book at these price levels So my my liquidity tracker. I'll show you these settings right here So My liquidity tracker I choose so when you bring yours up yours gonna be different color. I changed mine to black because it's less No easy for my mind, but it's basically just showing me 10 levels up 10 levels down from from where we're at currently, right? So Just quickly a touch on this again. I'm not I don't use this Stand alone to take trades I like to see different areas. So for instance, you know, we came up here You can see where we We kind of stopped right here and we get my little jar thing. So you see in this area here So what's being represented there is basically these, you know, this liquidity in the book above right? So obviously you can see there's more orange in the order book above here and that's what's being represented down here, right? But it's taking both sides in the consideration that's showing you basically the delta the difference between the offers and bits in the book Why it's important is because you can't really disseminate looking at this So say it comes up here again, and you still see a bunch of orange You can't really tell hey is that you can't tell exactly how much it is overall And you don't want to sit here and add up by the time you don't get done adding the Order book the trade is going to be running away from you, right? So this shows you how I use this as kind of divergences in the area, right? So, you know the As we, you know, for instance, if we come back up here So you see actually we did right so right around here. So when we came up here There was there was more offers in the order book. So anything under zero is obviously this is a zero line There are more offers in the order book than bids net net, right? And then we came back the same thing So the way I would look at this sometimes or I do look at it is if we come back to this area And all of a sudden I see the black line up here meaning there's more bids in the order book That's important information, right? That means, you know, the algos or whoever whoever is in the order book Visibly is willing wants to buy now instead of sell, right? So that's just that's just good information to have Again, I don't trade off a tick for tick, but it's good to see certain Areas to see the divergences and things like that. So Again, eventually I'll come up with some stuff because they have bookmap has this liquidity tracker They have another advanced time in sales. I'm sure I'll get in all that But it's been quite time-consuming just to come up with setups for the sign indicator, right? So I'm actually going to take this off right now just because it's less confusing for me So anyway So this right here was obviously the biggest stop run of the day, right? We had it was 200 and you look down into my bottom Bottom left when you hover over the prices on the other thing too. I have my almost all my other markets I have it as exponential setting. Let me show you here And Bruce, I don't know if you want to put that That link in the in the cat showing me The blog where you guys talk about what what the reset setting exponential setting, right? That's helpful. Yeah, I'll put that I'll put that link in so I mean Someone asked about the settings here. So here you go And I guess that you were using reset with one minute And syncing everything. So yeah, that is the case And I'll put the link in there Scott. Yeah Okay, cool So I usually use exponential which is kind of a time decay and I'll show you on me Even the sps lab that but for nasdaq I use the reset You can have this checked or not checked The problem if you have this synchronized around all accesses access Accesses, I think that's how you say it acts anyway When you get a huge spike in one of the one or the other the rest Terms like you can't even really see what it is. So, you know, I can do this as well And then it'll show me it'll have kind of a graphical representation with the color of what each is you can I do both it just depends on the day So you can see how it's reloading But you can see You know, so you can see that the orange is for the stops and the blue is for the icebergs, right? So You just got to be careful because right here it looks like wow, this is a lot icebergs But it's it's really not right. It's a lot for the day right in this window But this was 200 stops and this is only 100 something icebergs, right? So that's why a lot of times I'll have the I'll have it around all access So Scott Oh, no, just some questions about like the setup like why why you are short here. Um, what you're looking at I'm gonna get into that. I just wanted to kind of show that stuff real quick because I know people will be asking about it So we had a stop run In here and I'll show you a longer term what I was looking at But so here's the stop run the way this is called in my setups my setup course. I call this the dumb and dumber, right? so Dumb meaning it's the uninformed trader that is buying right here So the blue bubbles are obviously by by bubbles, right? So this entire move right here was And it actually even continued over a little bit here was a stop run So for this setup that I use again dumb and dumber meaning it's the retail trader Who's the dumb trader and I I'm not making fun of anybody because I'm the retail trader as well But meaning we're not as informed as the big money the paper of the houses type of thing, right? So um When you when you get a stop run and then you don't see continuing meaning big money's not behind it This is one of the best setups where you get the stop run and then it's immediately below and then you can short Right. So this exactly what happened here. I was eyeballing it. This is right before we got on I literally put it on Five minutes before I started talking to Bruce. I saw this stop run in this some liquidity that was you know Here prior you can see that here and then the way this setup works is You know, so I see the buying and I see I take a look and this was the biggest stop run of the day I'll show you that too so you can You know, it's always good to see what's great about this SI indicator too You're not going to be getting you're only getting three four Maybe five setups a day that are that are relevant, right? I mean you can see it's all over the place here But I have thresholds, right? I have thresholds that need to be crossed to even pay attention to make it worthwhile But you know going back to my studies of this SNA indicator I know for each market and the course has 19 different markets that I know what is a lot What's little what's worth paying attention to what's not worth paying attention to For each of these markets. So I know anything basically over 100 120 stops Or our icebergs in the Nasdaq is significant enough to potentially take a trade, right? So this was obviously the biggest stop run of the day. This was 200 and 200 plus stops You look in my lower left corner there. It's this 204. So that was the biggest run of the day So I was patiently watching this whether it was gonna It failed right away and it failed immediately, right? It didn't even give me a chance So the normal setup is you take the You see the big buying you see the failure when you see as soon as you see the failure You're in short and you can put your stop right above here, right? Because the whole idea is there's not continuation of big money that's buying this was just a You know retail trader puke So I missed this whatever I was looking at but I saw a pop back and then I saw the red come in again And I got short, right? So again, and you can see Get the stuff off here and you can see where my stop my stop still in here Actually, I gotta change this quantity too. I'm glad we just saw that Yeah, I was wondering if actually I was gonna ask you that like were you looking if it was for I know It was a previous position was for but were you gonna go long? Yeah, no, that was just me not paying attention and costing myself potential money when it came back Okay, which I've done many times So This was a sixth slot I put on so then how I you know, I'm how I personally manage my position I'm getting out at certain points, right? So I got out here I basically just covered here It was a quick move down and I was literally starting to talk to Bruce and I didn't want to have full position on It's like when I wasn't really watching the action. So I just got out of two here There wasn't really a reason I don't usually do that if I'm obviously watching the screen But the rest I had I had reasons right so or the other two a lot. I should say not the rest. I still have two on I can't see my arrows here. I'll show you what I saw to get out. It's a little further. Yeah, there you go Yeah, so I covered so I saw I mean this move of course and you guys got to remember right So I talk about this in my trading the trade room all the time where You know Algos know Just like you know where the important by using this as I indicated where the important areas are right? So this is an important area, right? Algos know that Algos also know this is a nothing area And that's why most traders make the mistake Because they see they're huge P and L go up and they're like thinking oh, this is my rent for the month I got my car payment and then you start to see this and then most people panic out of the position, right? This is what this is You know, this is what book map is Therefore to help you know where the real areas on the chart are because when when we're not trading in real areas You're going to get this type of trade because this is the Algos. This is what they do There's 70 plus percent of the market action They know that they can Whip saw all the retail traders in and out here and generate their profits because this area means nothing There is no big money that was involved in this area. They know this I mean this area is important But they know they can play games in this area. So my point is You know when you start to entry is one thing exits another, right? You need to be getting out for a reason Again, I talk about this non-stop in the trade room You're not just getting out because you see because you like your P and L or you can you can do whatever you want It's your money But if you want to be a successful trader and become a very large You know million dollar trader you've got to be able to hold on and not panic out the minute the thing turns back Because again, Algos know these areas they can play their games So and unless it violates this area or if you see another setup down here You're in the trade let them play their games for two hours who cares, right? It's like that's how you have to approach trading like It's like a competition which it is like these Algos are trying to take your money Whether you want to accept it or not the Algos the banks How do you think they get the profits they're not getting profits from each other to get profits from us Right, so or the uninformed trader and we're way more informed than most traders So the point is don't be getting out of your trade your winning trades unless you see a reason to get out And your reasons should be written down And you follow them like an Algo would right so what i'm trying to say is What I the reason I got out here was I saw this long-term liquidity in here, right? It's been in there for well This one was in here all morning They put it back in as it rallied up So this was again and I talk about this in the webinars too the longer you see the liquidity in there The more these traders want to get filled at these prices, right? And it's just uncanny how it's a magnet and they get filled and once they get filled then it goes the other way Right, so I was watching this Algo. I mean I was watching this liquidity It came down and I saw this iceberg fire off It was 112 my threshold is like 120 120 for icebergs and I saw this is what I call a double whammy, right? So this is the double whammy is when you get a stop run The dumb money into the weighty hands of the smart money, right? So this was a stop run right here Again, this is reset mode. I have it on 165 stops from So here I want to get through this and hopefully put on some live trades Um That was here all the way down basically to here, right? So this was a stop run. I got out when I started seeing some blue at this liquidity level But I also saw this happening. So this is What I call one of my setups one of the five setups. This is called the dumb and dumber I mean, I'm sorry the double whammy where you get the dumb money Selling that's what these sell bubbles are Into the weighting hands of the smart money the the big houses and what did it do boom? Right. So that's why I got out. I'm and so then I I'll get out of My rules are I'll get out of something I see in the task boxes, which I'll show you here shortly The second piece I'll get out if I if I see it coming Long-term liquidity where it looks like it's struggling what you did for a second here. So I got out and then my third piece I'm holding on for a longer like runner type trade where I'm either Getting out getting stopped out, you know back where my regular position original position was Or if I see a major Major setup going long, which this was You know when we got down here, this is when I basically started the webinar So I wasn't watching it. I probably would have been out down here once this rejected of the entire position But again, I have my rules. I'm not just one time getting out for one reason another time going with my gut another time Oh, I like how much money I'm up. I have my exact reasons that why I get out, right? So I still have this on I technically if I was not talking to you guys I probably would have been out of this entire position down here. So maybe I'll get lucky. I highly doubt it, especially being short I'm already anticipating getting stopped out because of the you know, the bungee jump that is the equity markets So um, so the other thing I wanted to show you too is What I look at Just take a quick look here. I don't see Sure, you might even get some peace screening So so Scott. Yeah, I mean so so you exited um, uh Under understood like, you know, why you exited on the first one just because of the webinar Um, and uh, you know, uh, yeah Point well taken there a great exit on that second one. Uh, you know, wonderful like, uh, I'm curious though like, would you um, even consider at that point, um I mean the bigger you you're still in line with the bigger trade Uh, would you even consider like or what time frames are you trading? Like is it enough for you to take the opposite on that? You know to get out completely and then uh reverse Uh, yeah, absolutely. I mean this this could have been a long setup if I saw You know Again, I'll show you what I look at longer term. I didn't see anything. But yeah, absolutely if I if I see Um boxes being drawn on the task marker profile profile stuff that I use Um, I'll absolutely, you know, because the volume's telling me that this was you know going to stop here So yeah, a lot of times I'll get out and then flip Okay, you know, but I usually have a thesis though a longer term thesis where I'm trying not to do that as much I mean, that's all I ever used to do as a scalper I was in out if flipping back and forth every second So my my new method is you know, I'm looking for bigger moves And I think this could be a bigger move or I did until this failed, right? So again, I'm I'm probably gonna get sucked out of this too a lot Maybe I'll get lucky and it comes down again and we can kind of see how it reacts to this important level So that's the other thing too, you know This is an important level down here that fired off So we want to see if the market does come back down here We want to see how the market responds, right? So if it comes down here again, and you can see some liquidity coming a little lower and you start seeing big blue bubbles This area is probably relevant and it's going to hold I put this on this kind of stuff on twitter all the time as well As well as the trade room But if you see a red bubble red bubble red bubble right through it Now support becomes resistance, right? So then many times you'll get the retest and then the big failure, right? And I'll be expecting a big failure if this happens and I'm going to show you why a longer term You know based on based on my thesis is Short or it was for a second. Let me show you here Let me know when you can see by a task screen Yes Okay So this is the task market profile This is you know, I've just been using this for the last three four months as well But this is probably the second most powerful thing I've seen next to bookman where it helps me All these boxes are are many market profiles, right? So anyone to move with market profile. That's this stuff down here I'm sure everyone is familiar with this this type of market profile, right? Um, so what the task boxes are are they're just many market profiles. So this is basically this is Market profile the last four days all the days basically nine over three days And then I merged them together. I'll show you this quickly So the way I trade this so I merge these days So when the the value areas and these are like task boxes, but on a tire a bigger timeframe when they're all Inside of each other. I merged I merged those days and I draw A bigger value area, right? So many many many times high percent of times when the market breaks out of the value area It'll retest and then it'll go down to the next value, right? So I was leaning short this broke out earlier and then it ripped back in it I don't like that it's now back in it because a lot of times when it except backs it back in that value area It'll it'll trade in the top so If I see any other while we're on if I see any other kind of long setup I'm getting out of straight because I wanted to see this thing holding up holding down below here for my short thesis, right? So the point is I had a short thesis right now. It's it could be long But I use these but I'll show you why so it's short, right? So I can't get this off. I've tried a few times on this It won't let me take this off. It's kind of confusing For you guys, but because you can't really see the boxes, but at the time up until right now basically these boxes So this is the 10 minute 30 minute and 60 minute, right? And then I have the five minute as well that I'm just looking at relative volume here That's a whole other thing that you can get into but I'm watching to see If it's breaking down out of these boxes. So again, these are like mini market profiles, right? So at the time when I took that short Or I was already leaning short earlier and then again, I didn't get a chance to short it But we had broken down underneath the 10. So this is This is resistance. This is the point of control which means where the most volume is traded again This is kind of hard to read because of my position thing on here and then supports down here But we broke down and we were we were basically broken down out of these boxes. We broke out of the 10 We broke out of the 30 Broke out of the 60 So I was leaning short and then what I you know what I showed you here We broke down out of the multi-day time frame. So I was leaning short. So I'm just thinking in my mind I'm not looking to take longs. I'm not going against the bigger picture. This is how I trade, right? So Yes, the setups are incredible on the SI indicator, but you also want to keep them in context They'll work But if you're going against the grain, they're probably going to be short-lived is my point I'm trying to catch the bigger move where I'm not scalping as much So I'm not taking you know at this point of the day when this was happening all these breakdowns were occurring I'm not looking to take longs. I'm looking for short setups on the SI indicator, right? Which I got With the with the strategy I showed you, right? So let me show you Another market where that's not all marked up with that enough position. And so this is the E-mini S&P, right? So I'm keep I'm keeping an eye on how this is trading Right. So here's my I'm hesitant to do this because my thing always goes black when I start moving the book map around With the go-to webinar running, but so this is the E-mini S&P, right? There's been nothing today So I look for the E-mini S&P my thresholds In my program that I that I talk about are for the E-mini S&P I need to see over 500 stops and over 700 icebergs for that to be a relevant area A relevant setup stop iceberg setup, right? So you can see here This one wasn't even 500. This was like 400 and something stops and it hasn't come even close There's been nothing on as far as icebergs today Which is very rare by the way, I mean you you get again four or five good setups a day in the E-mini alone So I'll keep an eye on this stuff and then if I My main driver is the book map, right? My main driver driver is the book map SI indicator So I'm looking if I see something fire off here I'm then looking at tasks to say, okay, so say I see a long set up fire off. I'm like, okay We're breaking out of this box here So and I'm cognizant of this too, right? I'm not just At the spur of the moment looking over here and not knowing like in the morning I'm eyeballing all of these and having an idea where we are in this in the task relationship And then the longer time frame stuff. So right now I know if I see a long setup I know my mind. We're already we're breaking out of the 10, right? We're breaking. So again, this is resistance support point of control This is where the majority of the volume is traded in this 10 minute time frame This is the 30 minute same thing. This is where the majority of the volume traded. You can see that's exactly where we want stuff I'm telling you the task stuff is is absolutely incredible as well where it's just marker profile It's all about volume and time, right? That's that's how I always trade it because volume drives the markets It's not lines on a chart the lines on the chart are only relevant if volume is participating at those lines so This is just showing you little literally mini marker profile. So I know that we had attempted a breakout breakdown So off here we stepped in a breakdown. We stopped right at the high volume Point of control or master point of control, which is the most volume traded on this chart Right, you can today you can see and you can just see visually too, right? This is where we basically range traded for till we broke out a little bit But it's the most volume that was traded We rejected there and then we accepted back into the 30 minute The 30 minute box, right? So now now we're right in the middle. There's really nothing to do here Right in the middle of the 10. There's nothing to do here The 60 is still in breakdown mode. So it's kind of across You know, it's a cross view of what can happen here if we turn around and break down here I already know we're broken down out of the 60 Then we break the 30 then we break the 10 now any kind of short signal I get on my SI indicator I'm in with both fits, right? I'm in full size and then looking at if I if I get more setups So that's how I use this right again You can use this you can use this book map the liquidity and you can I'm a firm believer You can make a living just trading off of this not having a chart up because I know that because I used to do that That I used to just trade off of This that's all I traded off I would watch the orders come in and and back then there would be like 2000 1000 there'd be 3000 down here. So if I wanted to get long, I would say, okay I'm gonna buy a thousand here if I need to peel out. I know what there's a 3000 lot below me I can sell into right nowadays. This means nothing. It's fleeting. It's a joke, right? At certain areas unless you see stuff like this, this is real this this size is real Why because it's been in there all day. These guys want to get filled This was real too. You see how they pulled it now. They were heavy in here They thought they were going to get filled not so much, right as usual in the equities bungee jump and then they pulled it But the point is if this would have stayed in here, which you'll see all the time in all markets I'll show you all these other markets too. The liquidity it's here and I talk about this in my In my other webinars It's like a magnet, right? You can base your thesis off of where the liquidity is You know, and then you combine that with the task stuff and you say, okay So if this would have been a bunch if this would have been in here and I'm looking at this I'm like, okay if that breaks the 60 minute We're already done the we already broke the 60 minute We break down below the 30 again and the 10 and I get a setup here short I'm golden and this is my first target, right? That's how I use this stuff. But anyway, you can use this stuff alone But you need to be able to catch every single setup And that's not really possible I mean, I guess it is if you're just steering at one market But I highly recommend you have multiple markets that you look at so you're not forcing trades When markets like this like it is today like it's just this is the this is the e-mini of old if anyone It's been trading the last 10 years. This is how it used to trade 90 of the time, right? Just this boring sit on a price Rush one way sit there for another 45 minutes rush another way. It's just That's why you need to have other markets. I talk about this in my other webinars, too You need to have multiple markets that you're watching So you're not making bad trades, right? Because a lot of traders are trying to do this for a living and they're trying to pay their rent and everything else When you when you have to make money one, you're not going to make money I can just tell you that personal experience two You're not going to be taking the best trades, right? You're going to get like a marginal so that you'll be you'll be looking at the SI indicator and you'll say All right. I'm gonna follow Scott's thresholds here from his program and I need to see 500 Well, this was like 382 I think I could take this just because you know, it's getting later in the day and I want to I want to make money That's where you that's where traders get hurt. They're not you're not the sniper like I was talking about earlier They're just spraying bullets everywhere instead of waiting for You know a breakdown of the task boxes and then you see the big Volume set up on the short side on the SI indicator and everything is aligned then you take your short, right? Then you take your trade you don't take your trade on these marginal areas because when you do That's what the algos want you to do. That's when they take your money You've got you guys have to start to think in terms of like a competition You're competing one against the brightest minds in the world So you better you better have your game on You know when you're in here and have your rules and stick to them You know because they are in here to to take your money. So you've got to think of it like that I mean when you walk down the street, you don't just let you know money hang out of your pockets, right? Where people can run by and take your money. So why would you do it in the marketplace? Right? Don't let these algos take your money wait for your exact setups And that's why I you know, I've made that indicator course for you guys to To have exact things that you look at and start building your trades around those setups And you're going to be lethal traders, right? That's what you that's what the aim is. It's using book map. You have You know with book map in the TAS You have everything you need you have everything you need to become a million-dollar trader If you can be disciplined and follow your rules and not fall prey to the to the nonsense areas, right? That's the whole idea behind this All right, that's a lot of talking any questions. I can jump through some of these other I think something happened in gold again. I hesitate doing this dragging thing Any questions Bruce? Yeah, uh, just uh, let me get to a few here. Um, I'll show something too while we're uh, so this was a in gold. This was a mammoth. Yeah, six I'm quite upset. I missed this because I know here. Here's a perfect example, right? Let's look at gold on the TAS I guarantee you it's a breakout mode Hey, look at that shocking, right? So this is what I'm talking about So you're seeing this these breakouts out of all these TAS, uh market profile boxes, right? So you're thinking you're in your mind. Hey, I want to get long. You see this breakout here. There's a breakout here on the 30 There's a breakout on the 60 We're obviously trending up every day. This is the daily market profile. Now. You're thinking yourself your mouth is watering waiting for a long Set, lo and behold This is what I call the stop and hold setup, right? So there's a dumb and dumber the dumb and dumber is when the stops fire off and They're immediately wrong, right? So you would see like blue blue blue and then all of a sudden you'd see red bubbles Get a little jar guy here You would see something like this like I showed you the naziq and then you see bubbles immediately rejecting it meaning there was no one behind that trade Meaning no one big money. It means this was just the dumb retail trader again myself included that has not informed That's when I say what I mean by dumb not that you guys are not intelligent But we're not as informed as the smart money So when you when you see the boom and then boom you can get short and put your stop up here if the bigger time frame agrees with that, right? So Again, I would have put on this trade if I had this chart up with you get for you guys to see live Um, but what this was was a stop and hold. So this was here. You can see it right there Huge stops probably one of the biggest platforms. I've seen in gold 600 or something I would have 100 percent taken this trade if I wasn't sure if they're not here and you can see it tried to pull back It held the original area So as the blue comes in you could be long your stop goes down here and then you catch the move Hey, look where it went right to the liquidity Well, I wonder I wonder if these guys knew they were going to get filled The way this works guys and the reason I know this I talked about this again in prior webinars This used to be me, right? I would have say this is even the s&p I would have 2 000 con offers resting right here Right and then I wait for my opening and it would usually be this time of day when You know people in new york the big houses in new york everyone all the traders go to lunch There's nothing really going on. There was a guy at the firm gelber that used this used to be he used He's still in the news today But he used to feast on this time of day when he knew he wouldn't he didn't have any problems No one would step in his way and you know, you would have his office just like this And he would see his opening and then he'd just start a flurry of buying He might have already been he's probably already long from down here But then he would just start buying buying buying and then people watching the markets Like oh, you see this paper's coming and I got to jump on and he caused this cascade effect And they'd run it right into his orders and he'd get out of he'd get out right or me I would do the same thing. So it wasn't just him, you know back then you could um the spoofing all that stuff was legal So My point is when I show you guys this stuff it's speaking from experience. I used to do this So that's why I know it what's going on here if you see liquidity in the book for this long These guys want to get filled. They're going to get filled It may not happen, you know in the next five minutes It might even happen at the end of the day But if you bring up your screen tomorrow and the liquidity is still there They're getting filled and the thing is why you know, they want to be filled is because They're taking the risk of having this these orders in here and the other question I get is Well, how do you know what they're trying to do? Are they trying to sell? Are they trying to are they I mean are they trying to get short? Are they covering a position? Is it a hedge? I it doesn't matter It doesn't matter why it's in there it matters. It's in there, right? So you need to know they're willing to have this in here So if some news event happens this thing is going to blow right through there, right? They're willing to get filled. So that's how you know, it's real, right? So then what you do, you know in the beginning of the day if you would have seen You know, again, you look at your task stuff and you see you're like, okay As soon as you start breaking out of boxes, even this is not even having this information, right? Just the liquidity stuff, you know, I just got a question in their name email Hey, do you still trade off the liquidity stuff that you talked about in webinars? Or you just trade off the SI indicator? This is the most powerful thing I've ever seen But of course I still trade off this stuff, right? So my thesis looking at gold breaking out of boxes is, hey, we're going to this liquidity And then when I get something like this, that just bolsters my case And now it's like it's go time. I know I'm going to be right I know I'm not a 90% of being right, you know, getting long on the pullback And then here's my target and look where we went, right? This is this is live. This isn't this isn't just gold It happens all day every day in every single futures market, right? So then what you do what I do is to say I was long here, which I would have been if I wasn't That's what I sacrificed for you guys today. I hope you hope you appreciate it But I would have been long here and now, you know, if it was a task level So let's take a look at task prior level. No, because we're basically at yearly highs So now what I'm looking at is first first time first position I'm getting out at And again, I'm not getting short here because we're we're breaking out of We broke out all those boxes. So even if I would get a setup right now As we're talking a short set up in the SI indicator one of my five I'm not taking the short because the bigger picture I'm not going against the big picture, right? It might make work work for, you know, 20 30 ticks, but I'm looking for 100 tick moves I'm not looking for 20 30 ticks. So say I'm long now I'm watching to see how it reacts at this level Now you see to try to get into it It got and this happens all the time by the agos and this is when the agos start to Play ball where they'll front run. So when the market comes up here, they see the size, right over here And then they front run it You see they don't let it get to it and then they front run it This happens in every market, right? At least the first time up many many times So right now if I would have been long my sixth lot here, I'm out of at least two probably four Right here because I saw this sewing Again, you don't in this right talk about all the time too. I mean, I probably would have been on over here Because but if you see this market come up here and you just see blue bubble blue bubble blue bubble blue bubble Blue bubble blue bubble. Why are you getting out? I talk about this in the other webinars Why are you getting out? Let the seller show you that they they're gonna engage, right? And this happens all the time too. And then you just use this now You can actually add your trade and put your stock down here, right? So But I would have been out because the seller's engaged, right? I would have been on at least probably four of them kind of like I was with the NASDAQ So speaking of that, let's see where that market is. I'd like to actually put on a trade here All right, so actually here we go Yeah Don't get mad at me if this starts to freeze up because every time I drag in my live trade room I start getting black screen. So look right here. We had 135 by icebergs. This is a double whammy Right here So what it should do is go back up. So if I see this get above here, I'm out of my I'm out of my last two lot I'll show you why in a second. Let's give it up to here So the thing is Even if this fails, right? Again, I don't have a long thesis. I have a short thesis. I'm not getting long here Now I'm going to get short. I'm going to add to my position As a new position has nothing to do with my first one. My first one we will put on And I'm going off of this area right here Hopefully I can show you before if it breaks Right, so this is what I this is the double whammy that is holding right now But if this fails again, I'm not getting I'm going to get out of my position if this gets above here But I'm not getting long because we're in breakdown mode, which I just showed you guys earlier If we get below here Yeah, okay, this was the dumb money and the smart money took a scan But now they're wrong and I call that you know say we don't even have this I call this move This this is one of my setups called broken ice. I actually posted this I think yesterday on twitter you can go back and look at it It's a broken ice. It wasn't yesterday's a few days ago, but Where paper takes a stand Then they're wrong, right? Then they got to puke their position So if this breaks here, but you can see too, look at the liquidity here. See how they moved it up So they don't think they're going to get filled. So that's that's a warning sign right there But if this can start breaking through down below here, let me clear this out I'm going to add to this position As a new position and my stop's going to go right where you see my two lot stop, right? Again, I have a longer term thesis of why I'm going to be putting this short on Actually, I'm going to stop right into this. I'm going to put it down a little below this liquidity So I'm going to use a stop as an entry here, right? And if I I'll get filled and I'm going to risk, you know, up to here Yeah, it's going to be 25 points But if I'm right on this what I showed you guys earlier See if I get filled so I can put my stop and then I'm going to show you the longer term that I just showed you So that liquidity got filled I should actually been short right up here But I wanted to see what I did at this liquidity because they moved it up Now it's coming now. These are just algos. So let's see what happens here I hate selling into the selling because that's usually good. I like to see some buying. Okay, so I'm short All right, stop goes here That's where I know I'm wrong and I'm out of everything. Let's see again. I had the short thesis So we're we're short from 82 50 again, and I still have that too long from earlier Um, you got to keep an eye on this stuff. So now my rules are my first exit. I'm getting out I'm watching this liquidity here. This is the next big liquidity that's been in here all morning, right? So that's my first target Or a task level. So let's go over to task This is for my first exit, right? So I know this is going to freeze up on me, but um Again, it's hard to see what this all is on here, but we're breaking down. We're right at the prior 78 76 25 is the prior you can see over here is the prior task support So if we get blue, I'm going to get out of two here take a quick profit right here Right here. That was the prior support on the 60. All right, so I'm going to be out of two here If I can get my thing back All right, again, I got out for a reason, right? I saw Which oh wait, which what's clear to you guys on first are you still on you're still on my um I'm sorry. Are you on? I'm on task. Yeah. Okay. Cool. All right. So I got it I just got out of two The reason was we came down to that level and I saw the blue come in and I got out of two That's my rules. My next exit will be I want to see what we do at this This liquidity that's been in here all morning, right? And we're having right there shockingly it looks like they might have pulled and put it back in but So that's my next exit if if if I see blue coming in right now. So let's see If I don't I'm not getting that. Why would I get out if no one's willing to buy right? That's such a great Thing to hear again. Now I'm out. So now I'm out of that. So now I have two different positions on and I'm stopping out Let me make sure I teach this because I always forget All right, so now my rules are sorry And you know, I'm not mad. I'm not mad. I'm not in for this free fall Full size because I followed my rules now I'm not getting out of this last two lot or the four lot until I see an opposite Or I would potentially get long even though I'm not looking long Um, I'm holding on to these lad this last portion of this trade until I see something on my SI indicator one of my five setups And that's what allows you to catch these 200 100 200 point moves, right? And that that was just textbook what you guys saw. So anyone that tells you you can't trade Nasdaq that's I'm getting an email There you go. This is you just saw live trade And I'm not I'm not mad that I got out I got out here for my rules because if this thing would have turned around ripped up I certainly wouldn't be mad, right? So you got to follow your rules. So what do we got here? This could be here we go 200 stop run, right? I'm going to give this a second then I'm going to be out of this trade because this is a Dumb and Dumber here's the retail trader puking if there's not selling behind it I'm out I'm out Right. So did you guys see what I did there? I'm not getting long because my general long-term thesis is short I mean this could easily come back and sell through here and there's nothing saying you can't get back in either, right? But that was a nice trade. I'm happy with it. Let's see what happens. But what happened right there was My dumb and Dumber setup, right? So this is This was 200 plus stops Sell stops. That's what these red bubbles are. It did not continue. No one was behind it. It was just the dumb money Puking, right? I don't want to see paper come in and hammer it which they can come in right here But I'm fine with it. I'm fine. You know, I followed my rules all three of these exits. You guys saw me follow my rules Right, that's how you become a successful trader. It's not oh, wow. I like I'm up. I'm up this much money Well, this will pay from my ran and my groceries. No, I got out for a reason Just like I did here this could keep going because a longer term is I think we're going to go down and show you a longer term And that's fine There's always another setup as well, right? And this is another thing NASDAQ does to do you gotta be aware of I talk about in the program where It will a lot of times violate a little bit and then I'll like so say you're looking to get long here And you would have gotten long and then you you have your stop here. You get stopped out I'll give it one more one or two more chances Because NASDAQ crew gold those markets because they're a little thinner They tend to go a little bit past the area right the area. I just showed you guys Let me just focus on this real quick So this area here they tend to Like you would have put your stop right here, right? They tend to stop here and then Come down stop you out and then it'll go right. So I'll give it another chance So buyers are fighting We're going right we're going to this area. I'm not I'm not gonna add to it Especially because I'm talking and stuff. I'm happy with that trade Um, there's gonna be another opportunity as well probably higher, right? I wouldn't be surprised if we come back up here And then what you guys can do so again, you're not gonna be getting these 200 Stop fire off again. You do this how many times did that happen today? twice Right, you had one here And you had one here Right that was the one I got my original short on the dumb and dumber down here and then you have one here Again, whether it holds or breaks. This is still a meaningful area. So if we break now what was potential support is now resistance, right? Again, I still have a short thesis. That's why I'm not getting along here Let me cancel my orders which I always forget to do when I'm talking in this gracious Uh, Scott, you could just hit the cancel all right there kind of uh or or cancel Okay So anyway, so now support is now if this breaks down through here, it's now gonna be resistance, right? This is an important area So this is pretty telling me try to buy through usually you get it as everyone knows you'd get a any any point move straight back up It's telling me try to buy and it didn't go So, I mean if it breaks here, it's not a bad area to reshort and put just put just above here I don't want to press my luck again while i'm talking because you know You're going against the brightest minds in the world. Like I said, you need to be a hundred percent folk because I'll take I'll take my Okay, so now that what that is let me show you what that is How awesome book map is so that is a synthetic iceberg that just fired off in the evening s and p right So that was here So synthetic is when they go through the third with a third party to kind of try to hide it even more like the They're already hidden as icebergs But then a third party like breaks it down into even smaller pieces So like um software like book map can't figure it out But software like book map already hasn't figured out. This is what they had originally So again, you guys are seeing What the big money is doing they it's like you have everything you need to be successful like I don't even think it's someone actually sent me an email yesterday like well, why do they believe their liquidity? And why why would they put their icebergs and aren't they mad that people see why I don't even think they're aware Again, because there's only one data provider that provides this information and Is the only software that I know of um, that's Information right and which is great. It's great for us I think there's a three to five year window to make as much money as possible before everyone starts off and on Right, so that's why you guys need to take advantage of this stuff. This is you know This is this is again the most the SI indicator is the most powerful thing I have ever seen in my 20 and I'm not selling it I'm telling you how I use it and what I've seen over my 20 years. So the whole idea Of why you guys are even on here is to try to learn something from someone who's Don't learn from my I mean learn from my mistakes Don't you don't have to go the next 20 years making the same stupid mistakes that I've made throwing away money Learn from what I'm telling you, right? So when I'm telling you all this stuff and showing you this and task again I'm not selling you anything. I'm showing you what I use and whether you think it's relevant That's up to you All right, so You can see here. This is why I'm not getting long the the NAS I mean look at the breakdowns on the task boxes again. There are many market profiles Right, we're breaking down out of the time. We're breaking down out of the 30 We're breaking down out of the 60 hasn't drawn any new boxes when it starts to draw new boxes It's all this is all proprietary their thing You know based on the ranges and stuff then you can start to think long if you want But I already showed you why I'm not getting thinking long I actually should have left at least one on just Because of this again remember I showed you this earlier So when we break down out of these big value areas, this is a daily value So this is like a big task box, right? The tendency a high high percent of the time is going to go into the next value areas So do not be surprised by the end of the day if where this is why I wish I would have held on To at least two of them or at least one I should say We're going here, right? We tried we got out and that's why I thought I was going to be losing on the two luck Because we accept the back end and then we broke it again This thing is going down here and might even accept in here and you go down here So now What I'm going to be doing is looking for short setups again, granted I could have gotten short there on that that's not very that broke but Um, you know, I'll wait I I'd rather see kind of a you know move back up Kind of let's take a look at it real quick Right, so you could have shorter that area right here Like I said if I was not I probably would have given him a chance and you could have caught another move back down, right? Right here So now we're coming back here. So now this was support is now resistant So I may re-enter this now if it comes up here and fails again I'm probably going to re-enter. I'll just put myself right up up here because I really think we're going down to that other value area Hopefully today I know that's wishful thinking and that equities because everything's okay in the world You know, we should be at all-time highs, but I'm being sarcastic if you guys didn't know that many questions first Yeah, ton I mean, uh, I think uh one that would knock uh Out a lot of the questions here. Could you show your volume dot settings lots of questions on that? Yeah, I mean, it's it's basically default except for um Sorry, except for the colors. I I'm colorblind. So I can't see the difference between red and green I'm called literally red green color coefficient is what my color blindness is called So I just changed my dots the blue everything else is so I got 3d bubbles Volume delta was showing you the difference between the buyers and sellers the net difference, right? And then this is this is all this is all Yeah, it's all default Yeah default also. Yeah. Yep. Yeah, okay. Um, yeah, that should answer about three or four questions there The the heat map also is uh, if you right click on the heat map and go to the settings Yeah, looks pretty looks. Yeah, it's uh, that's default as well. So there you go guys on that Um, all right. So, uh, let me get to some of these questions here. Um, by the way, I just, um Just some really golden stuff here Scott I mean the way that you manage that trade and the way that you're looking for that continuation Um, you know a lot of traders like after they see a big move like that and they've captured it They're not a lot a lot of people are hesitant to go short again Uh, but you had your reasons, uh, and um, right bigger time frame is telling me Yeah, I'd be hesitant to if we're if we're stuck in the middle of boxes or old boxes and or an old value area like down here Like I was showing you I absolutely would be too because everyone knows how how dangerous is to be short these markets, right? I mean when you're looking at a bigger time frame again, this is how I trade. I'm looking at the bigger time frame When you're looking at a breakdown there, then you're just you're looking for every opportunity You can to get short and there's going to be more opportunities because you know This thing is going to bungee jump to one of those levels and if I get another SI indicator Hopefully I'll still be on with you guys. I'm taking I'm getting short again, right? So Yeah, I mean absolutely. I mean there and moreover. I think another important part here. Um is You know based on what you did before Uh, uh back in the early 2000s and and what you're talking about now that that gold trade you would have taken Um, as well as you would have taken this, uh, you would have really focused on that NASDAQ again short But you got to Look at this here and then look So speaking of taking the gold trade Shot because I was waiting right. I waited patiently I wish I would have been I got to risk a lot more. I'm just getting another Let me get out of a couple here just because my risk is so much bigger. Um I would have been in and down here. So why would I have been down here? Anybody see why? Look to the left and tell me why Right. That's what I'm talking about. So I know I don't even need to pull up tasks because I know we're still on breakout This is the area Of 600 stuff. So you got to remember. Yeah, they're by staff. Someone's on the other side of this trade Somebody got run over as sellers, right? So there's always someone on the other side of the trade So this area is relevant. Look where we come The retest reject You're going to see these patterns over and over and over. Oh, and by the way The big money they didn't get their fill. So guess where we're going In my this is how I trade, right? And this is how you have to think to be Successful trader said just sitting here now. Like, oh, I don't know if I should buy here. I don't know You know you should buy here because this is probably the biggest stop when I've ever seen in gold in this area And we clear this out right Granada was it was pretty big stop run, right? We're talking all the way down to here Speaking of which, let me get my stop in here. Just who knows what gold, right? So I'm going the stop run started right about here and I'm going to put my stop There was a little quiddity there. I'm going to put my stop down here Right granted again, I would have gone full size if I was Been paying attention right now But you're seeing this is exactly what plays out over and over and over in 19 different futures market all of them Every one of them has the same setups all day long five main setups that I have in my course every one of them Silver here we go. And again, like I said, like these here's silver. Here's a dumb and dumber here's the stop run Hey, guess what? There was no selling behind it off to the races Here's um by iceberg held it up Boom and you only get it, you know, you're only getting these significant levels these thresholds that I talk about They're only happening three four five times a day. So, you know, they're important and you're not taking 45 trades either natural gas Euro Not that that there's anything going on in these like none of these are thresholds But I'm just showing you I look at all these markets and I'm channeling through all these markets all day long You know japanese yin, canadian dollar australian dollar swiss franc british pound wheat There's wheat there's something right there in wheat there right right here I look for over a hundred, but there was by icebergs right there was it was significant for today, but Well, here we go. So at the open look at the cool. Someone was buying paper was buying It's where we held that area right every market corn soybeans Keep going copper There we go. Here's a dumb and dumber right here My threshold I could pull my threshold there for but here you go. Here's the buying. Did you see any buying following through? No, here comes a selling your shore here your stuff goes here. You can't just move down, right? And I'm not even looking at the bigger picture stuff here Um What is this hogs? I don't I've never traded this but I have these I have the thresholds in my course For guys that like the lean on this is cattle or hogs and this is I think that was cattle I think this is hogs. I've never traded these but I will Very What I'm showing you is this stuff works in every single's futures market everyone So there's no need to be sitting there staring at the e-mini s and p when it's ranging in a five-point range Pulling your hair out, right? You have these opportunities with the si indicator in all of these markets All right, so I'm sorry. What were you saying? So I'm long gold and what you see where my stop is my target first target's up here unless I see something going on here If I see it I'll pull it up for you Scott you got it at four again on your on your cell stop I thought I don't think I don't think you're long too. You're long too But you got four You don't you don't use the back You don't I'm not you may have You don't use the the bracketed orders and then and then just kind of move them around Um, not yet. That's that's over my head so far. Okay. I could show you that's a little at a time That's We'll go over that later. Okay, um But you can see this is just quickly in gold. I mean we're in breakout mode, right? You want to be careful with this stuff the over so over bought and over sold I don't want to get into that today, but that could be one reason why I'm wrong on that trade But I'm willing to take that chance Sorry, okay. So what was the question numbers? Oh, no, I mean earlier. I mean, I think just a comment here Um, something that you mentioned about well, I would I would take that if I'm not in this webinar right now Or I missed it because I was you know getting ready for the webinar and The point here is that you are paying hyper attention when those things happen And uh, you know looking for that opportunity And scanning around and and then really like like you said like sniper But it takes that kind of attention At at those very very specific times And a lot of people I think uh or retail traders Don't put in that kind of time or attention Looking for those things It's more like it's more like looking right well like Like well, it's still kind of in the ballpark like it should be going up Like you said about NASDAQ you it still should be going down. Well, then I'll just get short, you know type of thing Right and that that's why most that's why 95 percent of traders lose lose and don't make it right You have to have your rules. You have to have your rules for entry. You have to have your rules for getting out There's tons of trades. I mean, I just showed you three trade one in silver that I would have taken I would probably take in that Um, there's another one. I saw oh the copper. I would have taken both those trades And I missed them. It's not doesn't mean I'm going to jump in and you know buy or sell right now You miss him. You miss him. Who cares you're watching depending on how many markets you're watching There's going to be there's a set up right around the corner probably in the next five minutes That's the whole idea of watching multiple markets where you're not making dumb trades and chasing trades and you know Yeah, it sucks when you see the thing run, you know It's a 200 tick trade that you would have had easily that I'm not saying that's fun to see But you don't that's doesn't mean just blindly throw your money in and chase it That's what the algos wants you to do right? That's why 90 percent of trade 95 percent of traders don't make it Right that's you've got to follow your rules I mean if you're you can use the analogy for anything that you want to be good at right if you're trying to You know Play professional baseball you're not just going to walk on the field and step up in the batter's box Right, you're gonna you're going to practice and work on it and work on looking for certain pitches and you know I can go on and on it's just this This is a hundred times harder than being a professional athlete This again you are going against the brightest minds on the planet So if you and most of them are automated, right? So if you're not prepared Just send me send me your cash, man. I'll take your cash I mean because you're going to be given it away one way or another So if you're not willing to at least come up with some playbooks and why you're taking trades and why you're getting out You're you're not going to make money. I'm just telling you might make money for a short period Right, you might get lucky for a month or two months, right? But I'm telling you over the long run you are not going to be in the trading age So again, if you're that eager to throw away your money, you can you can pay me some cash anytime Okay, all right So I'm not trying to I'm not trying to be a jerk. I'm trying to like You know hammer home you guys again. One of my driving forces. I've talked about this before I said this in the webinar not too long ago. Some guy on twitter um, he's like He messaged me. Why would you be showing these edges? Why are you showing this? I indicator like this is I know these big these big hedge fund managers and they would never show what they're doing. They're not even on twitter It's like because you know, first of all, I'm I'm a jaded trader, right? I used to be the big trader that got my money my livelihood my lifestyle stolen from me by Some illegal activity. I want to be getting into that but mostly algorithms, right? That just were better than me and I didn't know what that was going on and I went from making millions to zero overnight Right, so I have this ingrained Um, you know get even tight mentality and now with this I'm going to get even and then I'm going to be a trader again But I also have the motivation of helping You guys the retail trader and people that don't believe that the motivation is there then, you know You can believe whatever you want, but I'm telling you right now I want my motivation has helped the retail trader fight back against these algorithms because I'm sick and tired of them taking My money and your money, right? So that's why I do what I do I mean my thing's only been up since book map, you know, my my mentoring and my Courses that I've put out. That's only been up for like, you know, eight nine months You know once I got book map started working book map and it's it's you know, because it's my I charge because it's my time But I you know, it's pretty underpriced for the value that you guys are getting Even the mentoring stuff like but I'm doing it's underpriced because I'm doing it to help you guys I mean it's still my time But I truly have a motivation to help the retail trader, you know, because I'm a retail trader and I know it feels like I know I know the hopeless feeling and you guys think you're hopeful it feel hopeless You're losing a couple hundred bucks or you know, you can't do this as a living You gotta go back to your sales job and things like that try being a million dollar trader making 15 million dollars Over three years thinking you've made it for life and then having that taken away from you, right? So I don't hear any crybaby nonsense because if anyone's going to be crying it should be me So my point is There's still hope for you guys and that's what i'm here to help help you guys see how to trade and see How what's really going on in these markets and that's what book map does That's why it's the most powerful program i've ever seen and i'll say it again. I'll say it to the day I die I've never seen anything more powerful that helps you understand What is really going on in this markets? What's really going on in the areas that makes sense to you again? I've never knocked any other you know the bar charts or Sivanachi or moving averages whatever you use. I don't care you can make it You can make it a hundred times better by knowing what's going on with the big money at your levels So that's that's my rant Yeah, no, I mean pretty pretty pretty heavy words there The No crying and trading kim. Okay. Yeah Let's see by the way now deck. I should have I should have you know how many times that said No, I mean you say you were you were going to um, I was gonna yeah Oh, you were gonna add at that point. Yeah, exactly one of my weaknesses is I get a little too fine Especially when I'm risking a lot. Um, so this was exactly when I when I got out I told you guys I said, you know, if it's does so I got out here, right? And then you saw this and my exact words were well, this isn't doing the usual bungee jump And they're kind of spinning a place on this blue bubble this if this spray this area breaks It could be a good dumb moving and look what happens great and then look where it retested Hey, wow, is that coincidence? Sure not my my problem is my weaknesses. I wait for a little higher A lot of times I mistrade because I'm trying to get to an exact of an area But when you see this retest When you see this retest Yeah, if it's blue blue blue, you don't want to jump in but the minute you see that red come back in you're in Right, that's your short. That's where I should have gotten short And then your stop just goes above here right You know, I know this is a big I mean what this is 18 points or 15 points. Yeah, that's big It's not big for nasdaq and you're getting 100 point moves on it if someone sneezes, right And if it's too big then trade the micro contract trade a one micro It doesn't you know, it's all relative the point is you guys are seeing the same setups over and over and over here Let's take let's before the next question. Let me pull gold over The exact same thing. It's the important area Right, just point this out retest gone right It's just guys. I'm just telling you I mean Over and over and over in all these markets if you just sit and wait and have your plan and get a bigger picture context It's it's just glad it's the best thing I've ever seen That's I indicated Any other questions Bruce? Oh, wow, I mean, uh, yeah, I kind of I mean guys We've been almost going an hour and a half here. Let me try to get I'm sorry guys. We can't get to all your questions Um, I try I try to answer as many as I could in there As scott was talking But you can always reach out to scott directly. You have his contact information His email Etc. Let me put it into the chat again and you guys continue to ask also about like Is this recorded? Yes, it is it's not on youtube though. This is for our clients. So it's it's um on our go-to webinar channel anyway, the There's the courses offered by scott. There's four of them there There's a link that's there from that book map marketplace. There's the special offer link from scott And and then for book map only okay, and then You have his website his email his twitter his trading room as well With we the we trade desk. Okay. Yeah, so the we trade desk too. I haven't even touched on that. So that is You know, I'm in there just like exactly like this. That's why I was you know, excited to do this because I'm already doing it Um, I'm in there. I'll show I'll give you guys a quick look at it quickly Which screen are you guys on you're on the task has yeah, okay? So this is what it looks like, right? So I'm in here Monday, wednesday friday 9 15 11 30 Steve's in here shows how to use tasks He's in here all these times and he does night trading too, which is craziness. It's the wild wild west But you can see there's sharing right all these guys are book map users. They're all pointing out This is what I showed earlier with the nasdaq. So I'm in there three days or three days a week twice a day Doing this exact same thing You know or again, I do the mentoring or just if anything get the course because the course is very very clear You can just look for those setups in in your products and look for those setups in the areas that make sense to you Excellent, I mean I'll answer another question or two if you want Bruce. It's up to you. I don't care. Okay. Um Wait guys, I yeah, I think we got a we got to call it a day here It's just I'm a little overwhelmed with with some of these questions It we it's really it's been an hour and a half. So let's let's wrap it up the If you guys are interested in the recording it will be on our go-to webinar channel Okay, it's not going to be on well at least at this point We haven't decided yet if we're going to put it on our youtube yet or not um, but Yeah, it will be it's going to take a little while to because it's an hour and a half So it's going to be about maybe three or four hours before we get it up. All right um the Uh And you know support needs to check and and see if you are a client or not as well All right, so I mean that's what we offer. This is for your education. This is this is he's hosting an advanced webinar He's trading in real time And it's been really great Scott all sorts of compliments coming in And uh, very very appreciative of what you just hope people understand that they have the ability to To compete in these markets. I mean all thanks to book map and I again I would not be in the game if it wasn't a book map and I'll say it I don't care people think I'm selling it or whatever whatever they're thinking I would not be a trader. I would not be trading right now if it wasn't for book map 100% it's the most powerful thing and they just keep getting better and better and better at the at the tools that they're offering, you know, so Yeah, and obviously most everyone on here knows it because they they're all subscribers So everyone knows the power of it. I mean, I think a lot of people especially newer ones They're not really understanding how to use it correctly, but just stick with it I tell the guys in the trade room all the time There's because a lot there's a ton of new On the we trade desk rooms a ton of new book map users that are you know a lot of them are a little confused and You know because they're used to just trading off the bar charts or the task stuff and just you know There's a little learning curve right like anything anything worthwhile is going to be a learning curve But just stick with it and things are going to click and then things are going to slow down for you And you're going to start seeing what's really happening in these markets, you know, and that nothing would make me happier just just make an army of profitable book map traders that take down the Take down the goldmines out there. Yeah, that would be fantastic The guys thank you. I mean really just a slew of kind words coming in. Thank you very much Scott just any any parting words here and then we'll just end the webinar I don't know. I mean I basically had my rant and you know, I'm just telling you guys like it is I mean, I believe people don't think I'm a jerk. It's you know telling you guys like it is I mean, I'm not here to like You know Make you feel good. I'm here to tell you like it is and tell you what you need to do if you want to be a profitable trader And you have many outlets you have all the information right now if you have book map you have You know most of what you need Obviously, I use the task because that just helps me the longer term You have access to the weed trade desk if you want there for the live trading for me at three days a week If you want to reach out to me for mentoring I do that Um What I'm trying to say is you have it all in front of you. So what what you do with it is up to you Uh, you know, I just hope you guys learn something here and learn. It's not that You know, even like my parting word for I've been getting tons of emails like Well, could you trade this with the nasdaq? That's impossible. It's just all you just saw me put on multiple trades in the nasdaq Right if you know your areas let the elbows play their games all day long. You don't care those areas are not relevant It's only when they when they violate certain areas then you're then you're you know getting out or participating it's like I just did it but there's not a more volatile market than nasdaq period and you guys just saw me trade it Um, I don't want to say with ease and nothing's ever easy But you saw you know, you saw the areas clearly defined and you knew where you were right or when you were wrong Or where I was right and where I was wrong And then you put your orders in put your stops and have your rules to get in get out of the trade And that's all you do and then you wait for your next setup I mean, it's I know it sounds simple But you guys just saw me do it and that's what you do you just become a machine And then you start finding these steps an si indicator all day long 19 different futures markets You have access to To participate in so don't that's my last thing i'm going to tell you Don't bang your head in one market if it's not there You have all these tools work in all of the futures markets So don't bang your head in one market and force trades because you have to pay your rent Right that that's my party work All right Well said um All right guys, well, uh, you know, thank you so much scott. This is really fantastic And um, you know, I'd like to line up the next one immediately, but uh Anyway, um, uh, thank you everybody for coming. Thank you again scott really really great stuff Sure, I appreciate it and i'm uh, you know, whenever you have me again, i'll be on i'll do I'll do anything for book map as you know as I told you before I owe you guys everything so thank you Ah, thank you very much scott. Thanks guys. Uh, we'll do it again. Okay. Thank you. Bye. Bye. Thanks