 and you automatically start streaming within YouTube okay using the virtual camera should I turn that off you're good you're good on you don't have to have your camera on John you're good to go on YouTube you're live and you're live within this court you're good to go okay thank you good luck hi welcome everyone today I'm going to continue our series on achieving peak performance disclosure basically we're going over as educational here to help and hopefully this information is going to help you become a better trader some insights and that's really what Dharma Capital is all about we're here to create a positive impact help traders achieve their full potential and how we do that as we empower traders with fact-based solutions that enhance your self-awareness and decision-making and our approach enables traders to execute trades confidently and effectively by facilitating a state of flow so getting you in them you stay in those moments of flow when everything seems to be just going notice that everything's going how do you get into that state of flow and how do you stay in that state of flow that's really everything that we're doing the secret to that whole thing is having a fact-based foundation John I'm sorry to put you here can we increase the volume from within the OBS because on YouTube you are the volumes you don't sound that loud if we can just like within the mix the audio audio where you can increase the volume within OBS just increase it a bit please is that better let me double check test on the sound here plugged into the max it's a little better but can you increase it a bit more that's a maximum yes all right then there's nothing we can do apart from this carry on if you want John all right so I guess we're gonna turn the volume up a little bit and speak a little louder and make your adjustments but you know basically everything that we're doing to help you achieve peak performance is to improve yourself and market awareness by giving you the facts and when you have a good fact foundation you have something you can really trust him because it's not subjective it's objective this is what it is this is your benchmark and when you're you know when your body knows that it helps it gives it comfort and when it's comfortable it can slip into a state of flow and really get help you get in sync and so that's what that's what we're all about that's what we're doing here and that's what this whole series is all about so you haven't seen one two and three definitely check those out and today we're going into know the optimal winning strategy and this is really the you know this isn't something new there's this is all documented of having an objective benchmark helps you you know something that's not subjective and it cuts through all the bias you know having a factual trading mandate promotes informed and consistent decision-making ensuring that strategies are based on concrete data and objective analysis reducing the impact of emotions and enhancing the likelihood of success in the long term so basing your decisions on facts versus subjective bias is going to give you more success in the long term it's going to make your trading program more sustainable and so I call this a mandate you know for trading you know having a you know we're talking about know the optimal winning strategy well you need to have a foundation of a mandate you're to trade with purpose and that's your key to success this is my program this is what I'm doing this is my story this is where I'm sticking to it and if we have a set mandate we can set clear objectives so we can stay focused on the core strategy and reduce the likelihood of deviating from the plan due to distractions or short-term market noise we're completely wired in this is what we're doing we're focused and we're executing it and this helps us to manage our risk effectively because we define the parameters and the limits so we can better manage exposure to losses so we're comfortable with that we know what we have to do when we know where we need to do it and this helps to preserve capital and ensures long-term success it also helps us to evaluate performance you know if we have a clear mandate it helps us to you know you've got that benchmark and so this gives us something to improve our strategies and make informed decision for your own professional growth you if you're always shooting off the hip without any structure it's hard to understand what's working what's not working yeah you feel good when you made money you feel bad when you lost money but not having a benchmark of why leaves that you know up to a flip of the coin next time you're trading and if you're working with a group or you have a back you know it helps you to communicate expectations and this promotes the alignment of objectives and your approach leads to a more effective and cohesive trading environment you know everyone's on the same page the market breaks your structure and didn't work out it didn't work out you just you stick with your program this is the mandate this is what we do it's just what happens then is it makes it easier to identify when you deviate from that so having a strategy matters and having a mandate unlocks the performance and so we're gonna get into you know a few optimal strategies for a mandate I'm a crypto trader old school I believe in the transition from centralized systems to decentralized systems I'm a long-term holder of digital assets I believe in supporting the ecosystem and moving forward and so there's some specific strategy mandates that you know my mandate is I'm long be long and so one of the main strategies for me is that is hedging risk long-term position is vulnerable to downside breaks you know and so I mean I have a hedge program that all the only thing is focused on is how to hedge my risks and so that's gonna protect my core position from negatively correlated conditions and it's gonna execute at momentum shifts you know this program is could be run standalone doesn't have to be correlated to my my P&L my hold position so it can stand in its own as a you know as a standalone system you know proper risk management proper risk rewards proper targets on those hedges where do I want to take them off and part of that you know reducing risk is reducing profit give back so any unrealized gains I have I want to protect those from being lost during equity spikes so those you know those strategies are designed to look for opportunities that structure extremes typically following some kind of exhaustive reversal signal I don't want to get in front you know I don't want to have an opinion and step in front of a profit surge and say oh I'm gonna take my take my money here I'm gonna let the market tell me when to do it so I've got strategies and I'm you know that go that align with my mandate of being long crypto and I'm gonna protect any unrealized games when I get these big profit surges and again you know they're all stand this can be run standalone you know let's say you're a trader and you like exhaustive turning points you know this is the same you know hedging it's kind of the same pro you know program where you're looking for opportunities at the extremes buying this one it's gonna hedge my underlying core position again my mandate is I'm a buyer oh I want to accumulate assets when they're cheap when there's a good opportunity you know so we're how can I add to my core position at favorable prices and so this is again this is a strategy to accumulate assets to executed key long-term structure points and negative exhaustive events so I'm flipping that hedge strategy hedge profit strategy on its on its head and I'm looking to do the opposite at negative extremes so the market gets to a negative stream I'm looking for that exhaustive event I'm not gonna catch a falling knife I'm waiting for it to get to structure to my core position again this can be run as a standalone program or selectively actics that I apply to this accumulated assets if you're you know if you have having a mandate of I want to buy crude oil or I want Tesla or whatever whatever the asset class is you know this strategy can stand on its own to accumulate assets and so that you know we also have momentum strategies key structure points I might want to level up on my core or just temporary even just for the session maybe for a swing trade maybe for a month depends on the you know depends on the shift depends on the momentum level I'm keen off of identifying the you know to execute a directional structure points after a momentum breakout again this can be used as this you know this strategy that I use in my mandate can be used as a standalone system as well I'm applying how I'm thinking about it you know changes the whole thing what are my parameters that I'm using I have that base mandate I'm a buyer so I'm looking for positive momentum shifts and how aggressive I want to get it depends on me depends on the you know depends on what I'm looking to do you know the part of my mandate you know just being along the core position is I can enhance that return and one way I can do that is by using options so I'm a net buyer I can identify structure for a specific time period that's more likely to contain a move and this is you can kind of combine this with your hedge profit strategy and also even your hedge risk so instead of going and getting out of a position I can go and sell some options so if I get a negative I'm getting a negative momentum shift I can sell some at the money calls and if the market's broken out to the upside and I'm getting a big surge and I know it's coming into a structure point I can I can sell some some calls just just out of the money because they just they just blew up they're all blown up they're fat and if if the market's gonna pause or reject I'll make money and if the market screams higher I still on the asset I'm gonna pick up some of that time decay so whatever I sell the option for I can add that to whatever the strike is and that's really where you know where I'm taking my money off the table for whatever that amount is and then when those options expire I'm still long the asset and I'm happy about it because the market's higher the most strategy is defined by the alignment of your mandates guidelines within the context of the current market state and structure and we're gonna get into this and go through some practical examples of what's happening today and how these how to apply this you know this mandate of net long with the different strategies basically what the state of the market is gonna provide awareness defining the structure it's gonna define the alignment and identifying these optimal strategy themes is going to optimize and so I'm gonna use some of the tools that we have live trading room and what we call our playbook demonstrate you know defining the optimal strategy for having a mandate so the first thing I want to go over is and this is something that you can come to Dharma capital dot trade and you can sign up for our virtual trade room and you can get access to our daily post and this is the structure we use to execute our mandate so here we can look at to simplify this picture you can't doesn't get more simple than this where you have you know identifying this specific price point which is this when we're looking at Bitcoin and this is 29,600 it's pretty straightforward where buyers above that price and sellers below that price the levels that you're looking at are our price map side pivot downside pivot dwellers our sentiment bias or momentum level within that structure so basically this is just defining the extremes this is the high point extreme this is the low point extreme and this is the pivotal point that's going to give us some direction of our we're going for the lower extreme or we're going for the higher extreme so this is weekly structure for Bitcoin so this is the first day of the week is Sunday second day week is Monday we're into we're just starting out Tuesday so just starting out Tuesday I've got an issue my mandates that long and I'm below this momentum level so I may need to put a hedge on no one thing I know based on my structure is to validate this weakness the market really needs to go below 2900 and I can also this is something that we offers this is my being you know objective interpretation of these facts is just is presented here and so I'm defining that yeah Bitcoin you know the market's on the fence it's trying it's making a decision are we gonna further correct which I need a hedge or is it going to resume the positive momentum that we've had so we define the turning point where's that momentum level that I need to make decisions at 29600 what validates that weakness below 29000 and if the market fails here we're in trouble and we could break down to 27 200 if not all way down to 26 at which point this would be a place where I'd want to accumulate so I need to put a hedge on we validate below here to then look for my exhaustive reversal signals here to accumulate so we're in a corrective position of a positive trend if the market does start trading back above 29600 that's gonna give them a you know the cut and give the markets confidence back we could get a run at the top of this metric here 30,000 125 but this move has a you know if we're gonna stall out we're gonna stall it here you know price structure that's a price structure point before this negative move that's that high point so it's a good price structure point as well good alignment with the metrics if it does reach momentum momentum it's got the potential to make a run back up to 30,800 which we could get a reaction from or we could just this thing could just scale all the way up to 31,900 and you know giving some kind of you know where can this thing go projections and that's this is a daily post that we do and what we're doing is we're just we're updating price action within the weekly structure of the market and here's here's a live chart so here's what happened so the market would you know could not validate this weakness and instead it got back above 29600 which gave it a confidence boost got back above our figure which is another positive so the market is telling us here that we might be in a positive transition and so with my mandate for momentum this would be a trigger signal here to add a position I might want to lever this thing up hey they couldn't they couldn't correct are we getting a jump back on the bull trend if we are we're making that decision here here we're adding to that here we're confirming it and above this level that would be a true validation of a new extension higher basis the weekly so right now my mandate I'm in that fire and I want to meant to signal to leverage things up if the market gives me a surge at this point yeah I've got some profits made maybe you know for me absolutely with the mo if I added more leverage on this on this signal here and I pressed it yes I'm gonna want to protect that I'm gonna want to be a little more aggressive on the leverage my core position no I'm validation it's these levels now that tells me on the core position okay maybe there's an option I'm gonna put some options on and sell some premium especially if the surge is fast the surge is grinding the volatility is low then you will need to make so this is a longer term time right so a lot of traders you know are more active and like I said you know having a mandate you can have a mandate for the day if you don't hold positions overnight just day trading that's your thing you still need to have you know you still need to have a mandate so you can come in every day with a man to show you some tools for day trading to identify and define the optimal strategy we need to understand the market state its structure and because of this state and structure what are those what are this natural strategy themes that occur in that state and structure and this kind of goes back to knowing the battlefield so we have a market grid that you can you know search through and find markets of interest and this is gonna identify their state their structure and the strategy themes as well as and these are integrations that we have with our playbook so this is our Sierra chart integration this is our book map integration and you can see our structure or price map levels are on the chart as well as on the cloud notes of book map so all this is in alignment so you get a visual of this so what's the state bull trend what's a bull trend we've all you know traded a bull trend market expectation looks like this doesn't mean that you can't be corrective breaks or setbacks what's the structure of this state well we've got sentiment above the market so sentiment is what it is be a buyer above that price be a seller below that price so sentiment above the market and a bull trend is is identifying a potential corrective trade and this is what the playbook does it kind of breaks it down says hey yeah we're in a bull trend state okay well what about structure well structure we're at the upside pivot well this question is the viability of the current bull trend it puts the market in play it's basically say improve it to me if you're really good you should trade above the R level if you're not we're in a we're in a corrective situation so just you know further clarity of what does it mean when the markets in a bull trend state and sentiments above the market and if we look at the price action of what happened today is the market did open up below our pivotal point and it got pretty excited so in this situation as the markets opening up here our core if you know our core position we're vulnerable need to stay aware of is that the state is bull trend and bull trends can have sharp corrective setbacks and when those setbacks are over the bull trend can resume and you're able to participate in an opportunity to get in get in back on the next leg higher of a bull trend so that again this is what the fact foundation is all about of knowing what's the backdrop the backdrop is underlying bull trend and what what is the market telling us that it wants to do and we know that this market has a potential corrective it's gonna be corrective it's if it's below the R level and so when we look at price action and price action is below this pivotal point and it gives us this spike you know this this is a classic v-bottom structure point and when the market starts to transition back through this momentum area you know any kind of hedges that we put on maybe we put them on the day before now of us on the market momentum is shifting and it's telling us okay we're getting back on the train the train starting again and one of our optimal strategies for this state is to buy the market here to buy DP fade want to buy off the DP we want to buy off 28976 and the market fell shy of it so our expectation on this aggressive selling here is not to panic because we're actually a buyer here so for us our real hedging comes when the market goes below the DP so when it fails from here that's when we want to put our hedge on so we're we're we're focused we're not happy here but we're a buyer here because we're going to accumulate pick try to you know look to pick up some inexpensive Bitcoin for another rally back up to the sentiment with the potential of being a new extension higher so we have our optimal themes which participate in the state and structure that's our optimal theme when the market break structure it tells us we're in transition and that transition is a hedge theme and so that hedge theme is defined by the market breaking structure here so as the market rallies up to this point we're in a breakout mode we're accelerating and at this point we're considering if this negative momentum is going to if the corrective vulnerability is going to persist the market's going to stable below the R level and so it doesn't and another hedge strategy is what's called a sell reversal so when the market goes through this point and trades back below here so this is where we would put a hedge on this is so we're focused right now we had a momentum signal to add leverage to our longs our core position potentially pressing it here adding leverage here and we know that the market trades back under here for a sell reversal where you get a breakout that's not sustained it tells us we're going to need to protect our core position and definitely we're going to get out of any leverage so the leverage that we put on here the leverage that we put on here we're going to bail out of that here so these are these are all fact-based tools all this structure is objective this is your benchmark of what you're working with we have this big this macro foundation of what the state structure and the strategy themes that we're looking for to execute our mandate our optimal strategies both that are in alignment with the state and structure and others that are in when the market transitions we call those head strategies and when we get to the point where we need to execute this is where we use bookman so now we're in the moment we got the macro structure we got the microstructure so here we're in the microstructure and we can see the mark you know the price action and the liquidity shifts within these metrics and we know that 30,102 is our key point the microstructure just to view these liquidity shifts within the macro structure and this can help us with our timing this can help us with our risk management insights to what other markets participants are doing when you're getting a lot of sell dots that are coming in extra you know so people get excited and they're blown out of their lungs here but they're blown out of their lungs that structure and if you didn't have the structure point you didn't have the structure point but when you do you have the clarity so having a mandate that buyer you're a net seller what's the current state of the market is that aligned with your mandate if it's not that's an alert for yourself that you need to do something you might need to do something where's the structure that's going to find the alignment when do things shift that tell you that hey you have to do something you're vulnerable your mandates vulnerable or there's an opportunity here to add to your because of this what the state and the structure is logically what are the strategy themes if the market's in a positive trend buying breaks as a optimal strategy theme the market is in a bull state and it breaks out of structure to the upside and they can't hold it that's a reversal signal that's a potential exhaustion of a bull trend this is these just these are all facts it's just real general what we do is we kind of break it down for you so we have these tools and then we also have a live trade room that follows this the longer-term weekly structure so having fact-based trading solutions in your program is going to improve your performance and this you know this is based on evidence there's a great book and I mentioned it each time by Daniel common called thinking fast and slow and one of his quotes is you know the outside view the objective statistical view it's outside of your thought process facts offers more accurate prediction than the inside view your intuitive function now your intuitiveness or your bias or your subjectivity so when you incorporate a statistical outside view objective facts it's going to help slow down your decision-making process and it's going to help to minimize your bias because we want to get into a state of flow but we don't want the intuitive function to incorporate our biases because that's gonna throw us off track that's why you when you're really in sync when when your mandate is in alignment with the state and structure of the marketplace when you're when you're inside views in alignment with the outside view it makes it much easier to get into state of flow most times you don't know what that outside view is that's the problem but if you do know what the outside view is then that's going to give you a benchmark or reality check of what the truth is and so it's going to make it easier to really get in sync and trade at your peak performance so that's our presentation for today you're going over the optimal winning strategy in the next part of the series we're going to get involved with knowing the optimal winning tactics so when we are we identify these strategy themes how do we participate them what are some tactics that we can use to execute to capture those opportunities so I invite everyone to go to a Dharma capital that trade check out our site you can sign up for our playbook as well as our virtual trade room walk you through and you've got it's got a mobile app too it's really nice so you get access 24 7 well 24 5 we do we do have the the room will be open and they'll be posting throughout the week and when any events come we'll post but we've got the room open during the week boxers updated once a day to reach out to me directly at jsatdharmacapital.trade if you have questions