 Hey guys, welcome to another edition of FAQ on trading what I want to talk about today is Process what is a process and why do you need a process for me a process is a routine It's a daily routine that you wake up every day that you do in terms of day trading wise a process is a routine a Planning your trades how you plan your trades and how you execute your trades and it's a repetitive Action that becomes an instinct. It's like a reflex. You do enough times becomes a reflex And so that's why I always advise people in the beginning to paper trade and to trade very small size because you don't know what The correct strategies are you don't know what a winning strategy is you do not know what a winning process is But let's assume that happens right let's assume that yeah, you've been taught maybe through MIC What a prop proper process is what a proper strategy is and so you have confidence that that routine Will make you money. The problem is this trading could be very simple. Someone shows you what to do It could be very simple But it's not easy simple does not mean easy. There's FOMO. There's greed There's people that do not have discipline to wait or to dev or to follow the process if you deviate from your process All is lost. Okay. I mean dude if you that means you're winging it. You're randomly making stuff on the fly What I want to do is create a systematic way to trade and that's why I call it process And that's the process that makes me profitable that makes me consistent. An example is this week I didn't trade for it for entire week because we had a sales day meetup and MIC guys were here and I was hoping the MIC people and so I had I Had was itching for a trade but When you itch for a trade you will find a trade right and so what I did was I I didn't even think about Trades or anything like that. I stuck to my process. It became very instinctual like a reflex I didn't think about training when I sat down on my desk It's like riding a bike if you haven't ridden a bike for let's say five years and you got back on the bike You may be a little rusty, but you don't think oh, I need to pedal. I need to steer It just happens right just like driving a car You do it enough times the process of driving a car riding a bike or similar You get all a park you put into drive, you know, you look around things like that You don't think about it consciously the same thing with trading once you get the process down. It's really great So I'll give you an example. So this week I did trade for a week like I said, right? So I came back to the markets and if I didn't have a proper process, I would be scared I'd be thinking oh my god. Oh my god. I don't want to lose. It's been a long time I'm rusty whatever it may be, but I didn't think about it all that stuff I just sat down and stuck to my process became a routine guys, you know, I wake up a certain time I I do my morning routine. So it becomes I'm like a robot almost right systematic robot And so what it yielded me yesterday was over $5,000 within the first 15 to 30 minutes of trading Did I know I was gonna make $5,000 within 15 minutes? No, I did not It was just I came back actually size down a little bit because I didn't want to you know I trusted my process, but I was like never know I have not seen the market conditions and all that stuff So I sized down because I was not there to see the market conditions today. I Went back to my normal process today was a very slow day. There's only one mover of the day XEL a and I stuck to my process You know, I don't I'm not gonna get into my process. It's gonna it's basically education at MIC That will teach you and so you can join to learn the process because they can't I can't fit it all within this video But my point is I stuck to the process and I within 15 to 30 minutes once again I made over 1700 bucks. This may not seem like a much but consistency is the king I may not make the most money every single day, but I'm consistent and it adds up over time $2,000 a day $2,000 a day is half a million dollars a year guys 4,000 $4,000 a day is a million dollars a year if you can consistently average that per day So as you notice it does not take much profits on a consistent basis Notice I would set the worth consistent basis to make a very nice income Now let's go back to To a more realistic, okay? Yeah, I know plenty of people that do this and they make very good consistent money But let's say you just started trading. So a more consistent number. Let's say $200 a day $200 a day is $50,000 a year guys. That's life-changing Supplemental income. That's why I keep telling people do not quit your day job. You do not need to trade full-time Look at me. I'm done and I'm driving to lunch. I'm driving to breakfast. I work the first hour of The trading day, but I plan part of my process to wake up a certain time to plan pre-trade Pre-plan my trades, right? Doesn't mean that yo, I can wake up when the market opens slam this thing in the 15 minutes and make money No, that's not how it works. I made money when I say I made money the first 15 to 30 minutes That's 15 minutes of the open But the planning is like an hour an hour and a half beforehand You tell that works guys It's a funny thing the luckier The more I practice the luckier I get think about it The more I practice the luckier I get basically it means this it means you do your planning You do your process plan. You do you go through your team you work hard, you know and Oh, I'm driving the car right now, but I'm I'm driving the breakfast by myself as usual So it's part of my process. I reward myself my alone time, you know, it's now 8 30 a.m. In California I've been up since 4 a.m. When my process, you know Part of my process is to get up early so I could do my morning routine and sit and listen to music Part of the part of my research I see what's moving and I'm listening to music guys. It calms me down. So that's my process find your own process I also, you know, do my my bathroom routine so that I don't have to go when the market opens So my I train my body like an athlete my body wakes up at a certain time every day My body goes to the restroom at a certain time in the morning every day, you know That's the way it is. I've been I've systematically trained my system So keep to your process if you do not have a daily routine That is perhaps why you are losing and why you're not consistent Consistency comes from daily routine daily routine of trades as well as your personal life And I always tell people if you're having a miserable time in your personal life If you're finding your girlfriend financial problems or something like that the markets is going to take advantage of you You need to have the right mindset. You have to be clear because if you are desperate for money, you will lose Okay, you have to trade the proper way and you cannot deviate from your process If you are desperate for money, you will gamble you will make take unnecessary risk that you would normally would never do if you Was not desperate for money And so this is part of the process That's why I keep saying do not deviate from your process guys And with that in mind, I'm gonna let you go because it's a very quick video Just think about that if you are having a tough time struggling Think about your routine change your routine trading trading. I'll leave you this trading Begins before you even get sit down And click a mouse. Okay, trading begins even before you start to click a mouse It starts the moment you wake up it starts with your mindset It starts with how comfortable you feeling yourself. It's like did you do all these right things? Did you get enough sleep? Are you fighting with someone things like that? It's the part of the routine it's just like an athlete if an athlete has a personal issue outside of the The park, you know outside of the game that it's going to translate into his poor performance during the game so Not people do not talk about the process MIC my investment club was a very first start preaching process And now I'm glad to see that everybody is talking about process because it's very important. You know, this is how this is why Computers are kicking our butt because computers have a process that routine. They do not deviate from the rules It's not like they're just making stuff on the fly guys They've been programmed to do this and so we need to program ourselves to be like that and markets change You have to keep adapting refine your system just because my system is working today does not mean it may work tomorrow I would always have to keep keeping up and refine and switching it and tweaking it to become better Never stay complacent complacency is death guys laziness is death. How badly do you want this? I can make this work for you, but you have to do the work You have to have the right mindset you have to start your process Okay, even before you become an MIC member even before you start day trading guys Change your life by changing your process. Did you drink too much? You should get a hangover last night. It's completely fine. We did there's nothing wrong with it Just don't trade or you know plan around that in your process You don't have a day where you go out maybe you can go out on Saturday instead of going out on a Wednesday things like that Okay guys, so good luck, and I hope you refine your process and then we'll see you next time