 Good morning traders. This is Bruce at Veloxpro. If you can hear me and see my screen just type yes in the questions Alright, thank you Okay All right today. We have Jason Ramas with us And he's going to present how he trades and how he looks at the limit order book in book map and how to Optimize those those trades from the higher time frame into the order flow And I'll let him explain more. Let me get to a few details first hand we are having a 33% discount on book map now. This is for the advanced version only it's not for the for the basic and It's for the quarterly and this is new Introduction here for advanced yearly. Okay, so You are able to save quite a bit with the yearly you can subscribe to it for the entire year at that 33% discount, okay, and the So you can see it's a 66 dollars per month and That will be the charge for The quarterly as well as the advanced. Okay, any questions you can reach out to us at support at Veloxpro.com and Let me get Read through here Jason's a bit of Jason's bio In just a minute here. I just had it and now I don't Here we go. Okay. So Jason's been trading for quite a while now 15 plus years. So he has a ton of experience He's he's traded stocks options for X basically basically everything is an educator and trainer and As well has worked at or at a brokerage so Someone here that has a lot of background and a lot of experience in these markets and we're very happy to have him here and Just to also show he has a Website here. I'm going to put this into the chat for you. Okay. There you go And then he also has a Twitter feed here as well and I'm gonna put that into the chat All right, there you go. Okay. So yeah, the website here is day trading fearless and Go check that out and without further ado. I'll introduce Jason here and take it away Hey Bruce. Hey everybody. How's everyone doing today? If you guys can hear me if he could just kind of let me know Yep, you're all good. No loud and clear. Okay, and you guys are able to see my screen Yes Okay. Okay, perfect. So today Like Bruce I I run the website day training fearless What I do is I I base a lot of my own training often support and resistance I'm more of a counter trend trader type of person, but I also do look for trend training to sometimes So I'm gonna show you guys a couple strategies that use using a book map with my own strategies that I've learned throughout the years and I actually have videos up on YouTube that you could go watch and see of how I do this But I'm gonna do this more in-depth And if you guys have any questions through throughout the thing just type them in Bruce will let me know And we'll get those questions answered for you As we go along so So, I'm sorry Jason Just one thing I needed to cover and I forgot I'm sorry to interrupt you. This is a risk disclaimer Trading futures involves substantial risk of loss is not suitable for all investors So past performance is not indicative of future results. Sorry about that need to get that out of the way And take it take it from there Okay, I'm not a problem. Yeah, and So so for for me, I mainly trade the E-mini S&P's I've done everything I've done stocks forex options futures and the E-mini's have Just something that I've gravitated to throughout the years. They they trade very clean There's hardly ever slippage. They're very technical. That's the reason I like trading them and one one of the things one my very first mentors told me my first started trading was Focus on one thing Learn one thing and learn it really well know everything about it and that's kind of what I've done with the E-mini S&P's and once one my Friends told me about book map I looked at it because I used to look at the bid and ask for support in a Supporting resistance or where where the big order flow is book map has actually made it so helpful for me to Visualize this and here's a perfect example. Okay, so right here. We have the white line and Look at the big order. We have 1400 Buyers down here the way I read something like this is okay 2351 level what's down there? Okay? Why are there so many buyers down at that level? So what I'll do is I'll go to my charts and I look at multiple things on my charts. I'll look at Market profile Fibonacci levels You name it. I kind of look at it and one of the things that I do is I draw zones and This is part of kind my bread and butter for myself is I look for where buyers could step in On the bigger time frame. So one of the charts. I really like to use are the 15 minute 20 day charts Okay, and what they show me is a previous swing high swing lows. There's multiple reasons Why I draw zones where they are due to Fibonacci's swing high swing lows So as you can see and I drew these zones I've had these zones up for a long time Waiting for the market to come down and look at where we came right down to we bounced Okay, we literally came one tip from the low, but inside this zone What I'll do is I'll pull up book map and I see hey 51. Well, that's the back of my zone That's where the buyers should step in okay, because Anywhere in the zone and is all book map does is it confirms it for me if that makes sense Okay, what's happening is buyers are coming down and prices falling. I could see exactly Okay. Hey, where do I want to enter and if I zoom in? I'll be able to kind of get a clear picture Where liquidity is where where's the best place to front-run? Think of it that way. Where's the best place I could front-run and a lot of times the way I use book map is I'll look at the the red and green the COB and I also look at the numbers Okay, of how many contracts there are on the bid and the ask of both sides and those are gonna help me Okay, hey, maybe I want to front-run this by a couple tips Maybe I'll leave it those prices coming down. The other thing I'll look at is volume Because usually lows and highs are made with volume spikes Okay, today's probably not the best day because we're in a one-direction market, but usually is price makes a Parabolic move up or down you'll usually see Spikes, but look at this real interesting how price was at 1400 now is we're starting to move down. It's only at 1000 Okay, so what that's telling me is okay. Hey, they're pulling liquidity, but it's still there so one thing that I wouldn't I would not be surprised to see is For price to either come down to about the 51 50 level and bounce or come to the 51 maybe dip its head below and then reverse and Though those are the things that all look for okay going back to my charts is Is you could see we actually have a zone here, but on the bigger picture, too I'll look at Fibonacci's extensions mainly for where price could go and this is a Fibonacci's from the overnight high and low Okay, and this is one thing that I'll look at and let's kind of back up earlier during the day So the white lines are the first hour high and low the green or the 27 percent extension the yellow is the 61.8 and then the Red is a 100% move So as prices falling is we could see price falls we come down we come down to the green Okay, the 27 here The first time we come down we kind of bounce We blow through but then the buyers step in at this 26th level So what I'll do is I'll look at my book map usually and I'll look to see is there Support at that level are there big buyers and Sorry about that so as there's buyers at my support levels, okay, and But book map confirms it that makes my entry and The the way I feel about my entry that much more confident Okay, and book map gives me the ability to be able to look at hey, are these really big bid offers are they fake are they secure It's kind of like this the twain Ray here this guy right here. This is a 5975 or this is a 2360 level well This is this has been there all morning But as price gets back up here is it still going to be there what I look at are these two white lines Okay, because these are What happens is it shows you the most current 10 ticks above 10 ticks below So as price gets up here, this is what the order was showing a while back Okay, the last time price was reflecting and updating well This has an update yet until price reaches up there and then all of a sudden we might get it up there And there's 600 contracts. I'm then I sit there and I go. Hey, do I still like this level? I Then see this and I go. Okay. Hey, what's at this? 2360 level so I'll go to my charts and I'll kind of look on my chart What's at the 2360 level and I'll be honest with you? I really don't see anything Significant where I do see it is at this swing low and this swing low because this was the breakdown level right here and I'll just kind of Draw a little rectangle. Okay. That was the breakdown level and that's around 6150 Okay, so maybe it comes up here and Then it finds the sellers and so what I'm gonna be doing is I'm gonna be watching book map to see as price rallies back up to this level is it secure or Are the buyers still there or maybe does this white line disappear? And then what happens is they kind of move their orders up this 975 895 maybe those start to jump up to the thousand 1200-1300 and I'll look to front run that into Strength again. I am a counter trend trader. So a lot of the things that I look for is counter trending Another thing then I kind of was Talking with Bruce earlier I want to show you guys how I I use my notes because one of the things that I find really helpful is On this chart right here So these two yellow lines are the first hour high and low They they automatically plot on my software and It blocks the first hour high the first hour low from the market open and 930 Eastern time the red lines are the 38% and the 61% Fibonacci retracement of these Levels and I find these very very useful Especially for a intraday trading is you could see price we break through The first hour low and where do we bounce we bounce right off the 38% Now when I look for a bounce, I'm looking for a point two points I don't look for big moves because every it's a lot easier to get one or two points Then to get five or ten points the whole key to it is scale Okay, and if you go Maybe instead of going one contract you go two or three contracts to get the same move as you win on one contract for ten points Or five points. So what I do is I just look for okay. Hey, what's the state of the market? Where do I want to be a buyer? So what I'll do is I'll use these levels. Well, look at what's at this 51 level Okay, because remember we were talking earlier about this a big order at 1148 well guess what we now know what's at this 51 level it's the 61.8% Fibonacci extension from the first hour low So that's why Bookmap kind of opens up my eyes and opens up the entire world for me to see where the big players are because the markets all about psychology markets about The biggest enemy is yourself Okay, you need to fight through your thoughts. You need to fight through Should I take this trade? Should I do this? Should I not do that? Am I fearful to pull the trigger with it doesn't work out, right? Those are all the things that we need to be afraid of and Sometimes you need to take all those thoughts and just let them go and Think about the winning side and not the losing side and here's a perfect example, right of We came down price started to fall and we we came to ticks Okay, the low was 5150 and we bounced all the way up to 53. That's a point and a half Type of trade now the CVP. I love because it shows me exactly how many contracts went off At the low so we know hey, there was 253 contracts Traded at the lows. Okay, that's kind of for me telling me hey Maybe the lows are in maybe not because it's a weak low But I'd rather see more taper so if anybody knows market profile and here's the breakthrough Look at that. They just all that liquid disappeared, but then look at the price I kind of said earlier when we first started talking. I won't be surprised to see price come down Okay, it came down it tested if you front a front Ran it you made maybe a point or so you were in and out of the market Second time it comes through it comes all the way through but then if the 2350 look at this you have another big order that didn't pretty much deny them budge as Price came down to it and here's another mount and I was saying hey watch price we might come down and then start to rally above it and Look at the 61% Fibonacci retracement or sorry extension We came right down to it. It would have picked you up and We could have gotten a quick point because your entry would have been right around that 51 level now The markets weak today because every bounce they're selling is you could see so so it's one those tricky markets that They're happening today for book map. So we're just not seeing that normal Market that hey, I I feel very secure We kind of need to be really careful and maybe potentially look for other Signals to enter something like this. I use the 512 tick chart Nice reversal candle at the lows With you can even call this Divergence that's another thing I look for is divergences. We're making lows. What's the RSI doing or You could use the MACD or the stochastics also what's happening with market profile These are the other things that I'm looking for now I know there this a chart down here is a one day today only Regular trading hours three minute. So this is showing me the market profile for today is you could see we actually have multiple Points of control okay, or high volume nodes that are starting to stick out and each one of these could actually act as a A Resistance on the way back up. So I'll be watching all this. So if we come back up Let's watch the 55 56 level also the 62 to 64 level and that's where we can pull up book map and Say hey, where's liquidity? Showing where could we find Levels of support or resistance. Where would we want to maybe front line? So right here Again watching our range bound of 10 ticks above and below Let's see if we get back up to 52 if this liquidity is still here because right here a 52 we're starting to build it, but I would be looking more probably around this 55 to 57 level Also at 55 you have the 38% fib extension that Usually what price will want to do is fall? Rally and is it uses it as support on the way down? It'll use as resistance on the way back up now another thing that I want to go go over with you guys is A really cool feature with a book map. It's called notes and I was kind of waiting For this to do it so I could show you guys how I do my notes Okay, for using book map So I use everything through Google sheets or Yeah, through Google and It's pretty simple To set this up all you need to do just going to the Excel side of the Google First of first one will be symbol right? ESM 7 second will be priced third will be notes the color And then the text alignment I do center so what I'll do is I'll look and I'll bring this over like this and I'll look at okay the 38% Fibnacci high is 89 so so 23 89 50 So I'll go in here, and I just update these levels every morning once they start to form So we'll go 23 85 30 I'll do the first hour 23 78 and the first hour low and then 55 and Right here is 51 Okay, and then also what I'll do is sometimes I'll put enough if not to use I'll use my major support and resistance levels right here, so we'll say 2350 okay is what we'll say is a number I then go to file download and Use the comma separated values or the CSV. I save that to my file All I do is I take this I drag it Right here. Okay to my desktop. I leave it minimize this and Then in book map. I'll go to file Open user folder, and I look for the config file I'll open up that file, and I'll look for the book map. Okay, whatever I name. I name it Main book map levels of the current month. I delete this I Just take this and drag it and like that and I close that that's all I need to do And then I come over to the notes import notes. I Select the main book map and Here are all my levels so now what happens is I have all my levels of My major support. Okay, these blue blue levels are Going to be these major levels right here and look at how we came down so Wait and again. These are levels that I personally draw on my own Every weekend so They're just major major levels of where I want to be a buyer seller throughout the week It's kind of like part of my trade plan But look at this the very first one we came one tick and we bounced right? How do I know that because it's a doji right? That was the low We came with them one tick then it came through the market strong Second came literally to the top of the zone and bounced and the third one came within one tick into the zone And we bounced okay, so all three of these levels can you could say worked for a quick scalp trade? But what I do is I have those same levels Marked here in the blue which are major support and then here's the Fibonacci So as we could see as we zoom in we see there's Someway of the a Widish line kind of a little wider than the others and With these lines, I have the 38% here also we have the 61 like I said old support becomes new resistant If you look on the way back up at this 51 is we came down we bounced okay And then as we broke through we came back and I use these levels as a guide for For quick little scalping type of trades Okay, now the trades are over the trade earlier was probably the The front run of this or the front run of this white line now What we need to do is wait for the market to kind Settle out see what it wants to do. We know the market is way oversold currently So what I'll do is I'll just maybe look at my Zones I'll start to trade a plan or sort of create a plan while the markets falling and say hey Where could the market go? Okay, maybe I'll start to draw Fibonacci's from This swing high Down to this swing low right here Okay, I'll use the 30 of the 38 the 50 and the 61 as my levels well We know 59 is Is the 38 percent retracement? Okay the 63 is the 50 and the 66 is the 61. I'll come over here look at my market profile and Up here at 59 we have a low volume node Okay Probably right inside here So as we start to rally I'll probably look for this level for a quick short which would also be right below This point of control But I won't be surprised to watch them build this out and bring the point of control lower the other thing They'll look at in I'm also Will say a student of future traders 71 I'll I watched the 50 percent Level two for a quick pullback. Okay for the very first touch and I actually have that code on my platform that I always watch so the main thing is I'm looking for Confluence of Levels and then I'll sit there and I'll look at book map of hey what levels are There and where could the buyers and sellers be and do they match up with multiple things? Okay, that I'm that I'm personally looking for so is we could see I like to zoom out too because I'm able to get a different picture and Another great tool that I love is the lines just to Draw your basic trend lines Okay We have one here and then we have one here and And this is actually a great tool if you enjoy drawing lines because now we could say hey At we know this is a major downtrend right from way up here. Just connecting all the highs What happens if price rallies back up to this 55 level which is also the 38 So a lot of things are starting to kind of come into play for me. Maybe I'll look to short this the very first time Okay, um a couple things that I want to show you guys are my settings of way I use to for my My white my white lines And just the colors in the brightness these are mine if you want to take a screenshot of them But this is what I like to use because I found this kind of works best my zoom in and also why zoom out There's it kind of shows me bigger players on the outside bigger major support and resistance But why zoom in there's not too much noise either for me if I want there are times Where I'll just kind of bring this in and just kind of see okay. Hey, I only want to see really really big players Okay, meaning high Support resistant levels on the bid and ask side So as we start to rally look at all the buyers starting to come in right all this liquidity I'll come over here. Hey, why is it? What's happening at that level and then I'll look over is my market profile. The other thing I'll do is Look at my fib and not cheese Okay on this okay We still have the first hour low or sorry a 100% move from the first hour high and low down This 59 level I I would probably say even 57 I would not be surprised to see buyers Or sorry sellers step back in the trend is lower today. The market is weak So it's a couple of those things That as the market and there's really nothing showing me Right now because I'll be honest with you. There's nothing. We're just kind of in no man's land right now We need to be patient and wait for the trade to set up but in the meantime what we're gonna do is We need to sit there and plan. What's our next line of attack? okay, so Right here at the 46th level even the 45 we see okay. There's some major support here, but then there's also Support here because we could just tell by the white lines Okay, hey, there's liquidity coming into the market every time we fall We start to see liquidity Come into the market so What happens? No, no from here for for me This is where I sit there and this is kind of maybe I'll touch a bit on the psychology side is this is where the psychology of trading Really has to come in don't over trade don't trade if there's not a high probability Trade there and right now. We're in that level. There's really not high probability trade I think the high probability trade is a bounce back up To maybe this 55 to 57 level maybe see what price does at the 52 53 level or Maybe look for another flush and watch what happens with this liquidity Down here because right now we have 1300 contracts At the 46 and a quarter level so The other thing That I like to look at is divergence Okay, I love love divergence and what I'll do is I'll look and I'll say okay. Hey every time we're making new lows are we making higher lows this time I believe we're gonna flush right through and we're gonna probably go lower So what I might do and this is Something that I love for measured moves is I'll take my Fibonacci extension tool. I Go to the high in the low of This swing low right here I Bring it back up and now I have levels of where Potential support here's our 27 or 61 in our 100% move These are the levels or you could call it the 127 the 161 or 200 but it's essentially This leg of the move. These are the Fibonacci levels and look at how we came almost right down to this 46 level. We also have a 44 50 level we pull up book map and Remember this 46 as price is coming down watch what happens and You see people trying to front one this level quite a bit Okay, or we made double double bottom you even almost called that triple We have a nice clean waterfall with the reversal and here comes Price starting to bounce right off. That's 60 that fifth era 46 and a quarter level This is where book map is really good because if you're able to front run and kind of Anticipate where price is going to bounce from at what levels will price bounce Then this is something that's going to be really really helpful for you in your trading with book map Okay, and use all the tools that you have for me. I just look at a couple of things So right now we're below. We're coming through we're taking up liquidity Is we come down think of this we have three levels of support? That it has to get through right? Three levels. So where's our second level? It's starting to go through right now our third But once all this has been sucked up all these are buyers down here, right? These are all buyers looking to buy the market. Well They keep stepping back in I like this and I'll look is there divergence on my small timeframe and You can you could say yes potentially, right? Now what we need to see is kind of like that waterfall effect where price reverses and goes back up Okay, kind of think of it as the stair stepping right every high is making a lower high, right? Well the minute price breaks above its previous high. Here's a perfect example is Every candle is making a lower high and then on this candle it makes a higher high and Then what does price do it bounces now? We are in the weak market This bounce was weak, but you saw the same thing here lower highs and then the bounce Okay here lower high multiple lower highs right and Look at this bounce and the way to trade this is you could go along here One tick above that candle and your stop would go one tick below. Well if we look at book map We kind of saw all three and guess what we took up all that liquidity in Bookmap and there's nothing left, right? There's no more buyers or sorry Sellers because the sellers had been exhausted all the buyers just came in and dominated and we rally back up now remember this trend line See how we keep finding support or sorry resistance at the trend line what we found it for a second now we're above it and Prices starting to rally so what we need to do is we need to figure out Where is the next stop and As we zoom in we'll be able to see hey is Price actually going to come up To all this with our major trend line on the bigger Time frame right of book map as we zoom out Is this going to act as a support or a resistance level when we get there well if we look to the left we could see Old support right. Let's draw draw a line real quick Right here. Okay Old support becomes a new resistance So now what I want to see is if price does rally up kind of X marks the spot We'll see if there are sellers here that as we rally back up to this trend line and this trend line Will book map start to show will all this white? Liquity still be there of sellers looking to get short the market Okay, if anybody has any questions or Bruce if there's any questions if you want let me know Yeah, absolutely. Yeah, get your questions in there's a few here already and that you were just going along so well I thought I'd hold off Okay, so let's see About about the the notes So you update your spreadsheet one at one hour after the open is that correct? Correct so So for for myself, I have a special code Okay, that actually plots these levels for me Okay If anybody uses thinkorswim and they want any of these codes like this first hour just a Let Bruce know or let me know you could send an email to Jason at day train fearless and I'll send those out to you guys Is so you can have them, but I do these will start to plot one hour after the market opens So for the first star you won't see anything because it needs to make the first hour high and low Okay, and then once it makes that first hour high and low then it'll actually start to plot these throughout the entire day and One of the cool things is I'll use these and like today is Probably not the best example because it weren't such a bearish market I mean look at what the market's done since we open straight down, right? But yes Essentially, I'll wait till the first hour and then I'll plot these levels Go to the notes update the notes So I have them and then plot them into my book map Okay So Question here about I mean you've traded you're looking at many many things And I guess this is based on all of your experience But it seems kind of like you're you're reverse engineering the Book map in a sense you see liquidity and there's some interest there are some things going on and You know there's interested players And then what you will do then is is go to your higher time frames in a lot of cases and Verify that it would that be a correct assessment? Yeah, so Believe it or not, I only look at a couple things It probably seems like a lot and I'm trying to kind of shovel into one hour But I look at market profile. Okay to to make this as simple as possible. I look at market profile I look at Fibonacci extensions or Fibonacci retracement levels and then I look at Like major support and resistant levels Meaning levels that I draw Based off swing highs swing lows like I'll probably look at this as a swing high Right here, okay, and I'll look at this level I'll probably draw a resistant zone at that level because this is where the scene of the crime is the breakdown Right, so so if we ever get back up here, I'll use that as a resistance level but I I mainly only look at a couple things and What I do is I try and tie Confluent meaning, okay, is there a 350 20 355 we have What was support is now going tacked as resistance more than likely we see it over and over, right? We support We bounce we fail we come back Resistance we fail come back. We fail Support, okay, we come down we bounce we fail we come back up now. It's acting as resistance. We fall Touch it resistance, right? So if we come back up to this the very first touch after it being so far away I'm going to look at this as a resistance level Okay, what I then do is take book map and maybe I'll look at my market profile What's a 355? Well, there's a high volume node starting to form correct So I'll then go to book map and I'll wait for price to rally Up into that level and I'll look to see are the lines white Do we start to have white lines meaning is there high liquidity and I could use it just like this Like if you see kind of like market profile price may slip right here, but then you'll get stuck right this 52 level as Price starts to rally and we see price being updated. Is that liquidity still there? Yes, it is. I want to take that short. So what I've done is I've created a short-term plan just by looking at Fibonacci levels extensions In the market profile So I hope that helps. I just use book map as kind my final. Okay, this is Yes, I see liquidity at all the places. I see resistance. I want to short that I want to front run that short I Hope that that makes sense Yeah, yeah, I think so the the Questions here about some of your settings if you could maybe show the heat map settings again and then also the volume settings because Very very high setting. It looks like you have on your filter in the volume Okay. Yeah, so these are my settings. I have um Like I say they're there there have been times where I'll actually take my contrast all the way down to zero. So I only see major big players It kind of cleans up the noise for me So but these are usually about my settings I found they work good in both it keeps a lot of the noise out for myself and then as far as the volume dots I Actually have 2500 and And I'll tell you why I like my charts somewhat clean especially on a book map I only want to see where the big volume is going off. I don't care about 500 contracts 300. I know some people enjoy it for me I want to see what the the candles look like if that makes sense, right? I want to see, okay What's price doing? Where is? a support or resistance level something Like if we draw right here Okay, I'm able to look and say hey look we have an inverse head and shoulders Here's a shoulder a head a shoulder. Here's our neckline Okay and as price is I'm able to see the patterns really well and With if I start playing dots all over the place that just kind of confuses it for me Personally, I go, okay. That's way too much for me So I want to be able to see hey I see we bounced here old support became new resistance so on so on Okay, where can I see now here? real quick The line remember we drew this line look at what happened. It came right to the trend line in their reverse But for me there wasn't a lot of volume up here because it kind of disappeared as we got there So I personally would not have taken that trade if that helps so But but yeah, so those are my volume settings I used 2,500 I leave it there and because again very high volume usually means The lows and you could see lows are highs here That flush and then we bounce so Okay Let's see here and Will you why I book map for for stocks? Jesus is is coming soon but I Guess Jesus is asking if you use the same type of trading methodologies for for trading stocks So You you can I'll be honest with you one my favorite trading Tools is the Fibonacci extension or retracement That is probably one my favorite Extensions it is because price reacts the algos react to those levels look at this remember we drew This earlier So so once you're able to identify a pattern draw the and again, these are the Numbers I use them the 127 the 160 180 and the 1.80 or I'm sorry the 200 okay, so it's like a hundred percent move of it and I love using those because that's what the algos use and they know quicker than we do But as far as going to stocks. Yeah, you could use them on stocks, but the problem They see what stocks versus a future especially the E-minis the E-minis Everybody's watching the same movie. There's only one liquidity place. That's the CME It's first in first out. There's nothing. There's no black pools. There's no Front running, you don't have brokers that could see your orders coming down and jump in front and take it So these aren't gonna work Everything I use will work on any stock any product stocks forex other futures, but they're not gonna work as well because of the Gray area in the market that the stocks deal with okay All right, so and then a question here. How are you you're powering your your book map? So I use a stage five To run everything through so one of the great things and I've been with stage five for a year And I think they're actually one of the best brokers out there for futures And I get nothing by endorsing them It's just I think the one thing that I love about Using them is I don't need to have stage five open to be able to trade With book map I could use Just open my book map and the API connects and I'm able to Place all my orders directly through here. So if I want to do Bracket orders anything like that. I can actually trade directly from book map itself So I can left click and put a buy order. I can right click post sell order I could do anything I can't but I don't have to open up another platform So it's less intensive on my computer and just kind of keeps everything quick simple and easy Okay, so and let's see we have David asking how many trades do you take a day on average? So for me I My goal is one one trade a day Maybe two or three, but that's it. All I do is like I look for a high probability trade I look for because Remember it's all about scale and I think a future 71 Was talking about this a while back in one of his his things where He doesn't look for big moves and and I agree with them do if he it's so much easier to Get one or two or three points than to try and get a ten-point runner. I Everything just becomes scale at that time meaning you go to 34 contracts to get that same one or two points because I'm just looking I Called them smash and grab trades where it's get in and get out Okay, because I have no clue where the market's going. I have an assumption Okay, I could tell you right now. Hey, okay, the lows might be in for a while just because of the pattern Okay, of all these things but as price rallies I'm I'm been looking for the most high probability type of trade possible Okay, and that's where that's the world I look at and so I'll look for levels and I'll wait I'll sit in some days I don't take a single trade if a trade doesn't set up the market goes in a sideways I don't force trades and I think that's the most important thing is it don't force any trades So how long did it take you to to get to that point? to to understand like how to be so patient and to wait for something or First off to understand what it is exactly what you're looking for That's going to be that high a probability And then wait for it and then take it So it's taken years it took me years. I think Throughout my training career. I've I have a few different mentors and I try and pick up pieces from each one of them Okay, I think mentors are one of the best things so you have somebody to call up. Hey What do you think about this or I'm stuck in this straight and a Lot of them would tell me be patient you can make a living off of one contract. I remember the very first Mentor I ever had first thing that came out of his mind is or his mouth was learn one product learn it really well learn everything and you'll make money and I kind of took that and threw it out and I was I had a watch list of a hundred stocks and I was always trading and and I think it in I came to a point to where I had to Understand who I am as a trader my personality. What works for me? I'm not a long-term trader I can't put a trade on and Sit there for a month and watch it Okay, I'm a scalper. I'm a day trader. I got I'm very impatient. So I I had to realize who I am and I think for For everybody out there sit there and try and identify who you are What what type of trader are you? That's one of the most important things because if you're able to kind of Understand who you are and what works for you? Okay, don't don't worry about Everybody else because the markets about you in the market not you and everybody else or like this guy or that guy Figure out what works for you. There there might be somebody that goes. I Dislike Fibonacci's I'll never use Fibonacci's. Okay. Hey find what works for you There might be somebody. Hey, I love it and keep it simple have two or three different trade setups and wait for those trade setups that you know work in all markets because one of the things is I I've seen people jump around all the time from market to market or strategy is strategy and There there are very few things and I've been doing this for a long time 15 plus years and a lot of stuff That I do now I I've been doing for the last 10 years So they work in all markets. It's just Understanding the market like today is a perfect example I'm saying on my hands on a day like this Because I don't want to get stuck Okay, I don't want to be on the wrong side of the trade I know the market's trending lower, but I also know we could be all the way back up in a heartbeat So this isn't my favorite market now as we start to rally into certain levels And if I see certain things and everything matches up. Yes, I will take that trade But everything has to line up for who I am and I think that's what you You guys all need to do is figure out what type of trade or what works for you and Learn patience to wait for a trade. Don't be the gambler be think of it as You're not going to Vegas for the weekend But think of it more as you're trying trade to make money to make a living out of this So I hope that helps. Yeah, excellent. No very very sage advice Let's see another question here Hussein yes, this is this is recorded and will be up later on On the website and then Jason will also have it on on his site as well. I believe So I think that's the majority of the questions. We kind of answered a lot at the same time here as you were talking So I kind of knocked those out along the way and Yeah, I mean if there's any any other last questions here Else let's we'll wrap it up No, just a lot of a lot of thank yous coming in excellent job Okay, and there is a couple questions here about how much what your position sizing is contract sizing, you know, I guess it depends on your you know your targets and and You know stop losses as well Yeah so And not to take this the wrong way that because I remember I asked my mentor My first start train this and he goes who cares Who cares what my position sizing is right because my account is different than your account My risk tolerance is different than your risk tolerance And so is it as far as the position sizing? I have no problem telling you what my position sizing is usually I'll do one to two Two contracts, maybe three. Okay. I'm not a high risk. I'm not I'm picking up nickels and dimes Because what happens is is I start to put more contracts on I See the market in a different light if that makes sense like it's kind of like you look at the market now You have no position you're This market's going this way, but the minute you enter that trade what happens Everything becomes foggy right you're like, oh my god I can lose this much you start thinking all these thoughts But if you if you're small enough to where you're only doing Whatever your risk sizes now there might be somebody with a million dollar account going one contract. That's nothing Okay, or there's a guy out there who's got 5,000 in his account and one contract is the perfect size because of his risk tolerance But it's everybody's different at their risk I've seen traders where they've made a hundred grand in a day okay, and then I've seen other I've seen other traders lose a million and not sweat Unlike are you serious like how how can you put that much risk on but everybody's different everybody's Situations different and I think the best thing to answer that is what? Works for you. What's your limit know where you're at in your mental state of Where can I put in how much key to risk can I put on the table without? effecting me the way I see the market and panicking all the trade or exiting a trade too early So I hope that helps absolutely. Absolutely. Let's see Just answering now the questions or more questions are coming in about you know your your stops and position sizing but I think We're out of time here We will you can follow up with Jason that that is email there and I'm gonna put it. It's in the chat if you can see it there and I'll have it. I'll just put it here in your answer as well Okay Yeah, so no excellent stuff. Let me I'll show you where Jason's website is here. Let me just grab this for the second here okay and Yep, here's his website. Okay, and let's go to the home Yeah, and what one thing with my website if you scroll down a bit I Have a service. I'm not out here. I do this to help me But I do weekly support resistant and trade setups For 10 bucks a month. It gives you the zones if you scroll down a little more And and they're just meant right there So this is what you get essentially you'll get a couple charts throughout the week major support and resistant levels and then where open gaps are open the epochs and then Under the weekly support resistance those green and red. Those are the major Zones of where price should bounce throughout the week. So that's and that's my My service like I said, it's you and then through Twitter a private Twitter feed. I'll throw out one to three trade setups per per week It's not They're just ideas of hey watch the market at these levels for a bounce and all that But this is kind of to get you going to looking for a major support resistance I like this. I'm gonna take a trade at these levels again now that's trade advice It's more of kind help use a trader to learn How to find support resistance so Okay, okay great Let's see And then a Twitter handle here as well e-mini scalper Let me put that into the chat So you guys have that as well And then I'll also just remind you guys that we are having a sale here on book map With a 33% discount. So this is for the advanced quarterly. It's only for the advanced Okay, and it is for the quarterly Or for the yearly now. This is the first time this this has been Introduced here is that you can get you can subscribe for the entire year and then save 30% 33% each month here. So So a good deal on that one All right. Well, I think I think that wraps it up and there's there's some other questions here, but I Think I can forward those on to you Jason and and and take it from there Okay, cool. Yeah, and then if anybody has questions, you just send me an email Jason a day train fearless and I'll I'll answer them and get to them and try and help you guys as much as I can and I do appreciate everything Everybody's shown up today, too. Oh, yeah. Yeah. Thank you. Thank you very much Jason. That was that was great I mean just just just great. I mean Really it's important to see This other piece of the puzzle of fitting the order flow into You know the trading methodology because it gives you so much information and it's it's good objective information so Okay, well, yeah, thanks. Thanks Jason and we'll that we'll do it another time Okay. Hey, thank you Bruce. Thank you everybody Everybody a trade safe out there Okay. All right. Thanks. Bye. Bye Bye