Chatting with my Trading Students after the Dux Market Mastermind. — Transcript

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1. 0:04well so what do you think of all the
2. 0:08masteries no this time this masteries I
3. 0:11think it was similar to last ones so it
4. 0:14was amazing this such of so much details
5. 0:19and content that you don't get anywhere
6. 0:22so I try to give me more like new
7. 0:25information yeah because I try to get
8. 0:27back my time spent to get new things up
9. 0:30and to get a pattern Muniz out of it and
10. 0:33second yeah I think with this joining
11. 0:37this with a with the DVD and the the
12. 0:40webinars is just you have the complete
13. 0:43set skills package with package because
14. 0:47you get the details the finest details
15. 0:49here that I mean you would think maybe
16. 0:52one year to figure out by yourself
17. 0:54probably I would never get them I like
18. 0:59that ducks went over to formulas more at
19. 1:01once if you have any questions there is
20. 1:03never like oh why you asking this
21. 1:06question before time like let me go over
22. 1:08one more time yeah and you can take
23. 1:11questions universally right wait
24. 1:13just show it your Christmas he needs to
25. 1:16go over another pattern order once or
26. 1:20twice or attempt to doesn't have
27. 1:21problems doing it as long as we're all
28. 1:23learners
29. 1:23I think the masteries is basically like
30. 1:27an updated next part of the DVD have
31. 1:30reviews every pattern and gives you
32. 1:32updated patterns so you are always
33. 1:35up-to-date and I appreciate that you
34. 1:36always unveils new patterns here l at
35. 1:40the masteries so it's very worth it to
36. 1:43come here and almost feel like if you
37. 1:47just stared stay at tier 2 it's almost
38. 1:49like not worth it you have to get the
39. 1:51flow experience with
40. 1:53masteries the depth of knowledge that I
41. 1:57this is a thermal invented and the depth
42. 2:00of knowledge that I get each time it's
43. 2:02it just fills in gaps that I was trying
44. 2:04to fill myself and
45. 2:06silly stuff this week of the execution
46. 2:10the entries and the way you're looking
47. 2:13at price action in relationship to
48. 2:16volume some of those things are in the
49. 2:19in the videos when I was trying to
50. 2:22bridge the gap myself and with some
51. 2:25assumptions and so the clarity that
52. 2:28comes out of each mastery helps you
53. 2:31solidify and have confidence in your
54. 2:33entry so that you're it takes the
55. 2:36emotion out of it and then what the
56. 2:38understanding that comes through those
57. 2:41fine details which are so obvious to you
58. 2:44with all your experience it just it
59. 2:47makes it it increases your confidence
60. 2:49and entry so I think that ultimately
61. 2:52what this allows us to do you've
62. 2:57condensed so much experience I mean all
63. 2:59the hours you put in it's condensed and
64. 3:01it's it's about efficiency because we
65. 3:04come through here and we only spend two
66. 3:05days but we gather you know years of
67. 3:09this w in a short period of time so
68. 3:11that's it's it's it's just makes you
69. 3:14into a more experienced trader from a
70. 3:18wisdom standpoint not from an execution
71. 3:19standpoint but that'll eventually come
72. 3:21on your own so I just think this huge
73. 3:23value in in what you show and what we
74. 3:27take home and it's only as good as what
75. 3:29we do it because you look if you come
76. 3:32home and you don't review the content
77. 3:34it's gone so that's what taking the
78. 3:37notes reviewing on a regular basis is
79. 3:39key to a lot because of some of the
80. 3:42stuff that you went through this weekend
81. 3:43we can't get rid of that right so I
82. 3:45appreciate you reviewing some of the
83. 3:47stuff but it's up if the content is new
84. 3:50each time you know there was maybe a 20%
85. 3:54review here and then the 8% was was all
86. 3:56new content because the market does
87. 3:58change yeah so adapting to it
88. 4:01ever-changing market this is something
89. 4:02that Alex might seem to us regardless of
90. 4:04one's being offered yeah you keep doing
91. 4:07this to make it calming
92. 4:08let it change what better example then
93. 4:10forget that we were getting crowded we
94. 4:12were all
95. 4:13losing money on death wounds because it
96. 4:14always creased and now we have a new
97. 4:17pattern that's we just wait and we make
98. 4:19the money on the second bathroom I mean
99. 4:21just constantly adapting and figure it
100. 4:24out I think the thing that I that I've
101. 4:27seen that this is my second session a
102. 4:31couple big things that I've learned one
103. 4:32is the mechanics of how to do things and
104. 4:35there's a quantification of how to do it
105. 4:37so you know how much your risk is and
106. 4:39how much your benefits going to be the
107. 4:42other thing I really enjoy is just
108. 4:43people get to see all types of Ages all
109. 4:47types of backgrounds and for my second
110. 4:50time I've seen several people that are
111. 4:52now being successful when they first
112. 4:54came here in the first session they were
113. 4:55really beginners to me that's kind of
114. 4:59proof in the pudding the system works
115. 5:01and you can actually quantify and talk
116. 5:04to people I made so much money last year
117. 5:06and you can see that it's real it's not
118. 5:08just I think that new prison first time
119. 5:13yeah so I'm probably the newest when it
120. 5:14comes to trading all round here and I
121. 5:17definitely think I should have watched
122. 5:19the trading techniques DVD before coming
123. 5:22here just to have just a better
124. 5:23foundation of understanding your
125. 5:24concepts but I did learn a lot I learned
126. 5:28I learned a lot of advanced concepts
127. 5:30that I don't fully understand yet but I
128. 5:32know after I go home and review the DVD
129. 5:34it'll all piece of stuff together but he
130. 5:36had two things I really did appreciate
131. 5:37it was your patients around the
132. 5:39questions even though some of them are
133. 5:41very simple and basic or very beginner
134. 5:43level and then really I'm spending the
135. 5:45time with the group end and asking
136. 5:47everybody questions getting to know
137. 5:48everybody and all their backgrounds in
138. 5:50their history and their trading
139. 5:51experience it was really useful so I
140. 5:53look forward to the may date Jimmy's
141. 5:56going to tell us that in three two
142. 6:00so I look forward I look forward to
143. 6:02coming back in May you're going to a guy
144. 6:04who anyone after I watch the DVD a few
145. 6:07times you should click OK well I'll be
146. 6:11good yeah I also appreciate um ducks
147. 6:15goes over things here at our basically
148. 6:17almost impossible to describe in
149. 6:19webinars for example when he injured
150. 6:21shed and Tier three is that I enter here
151. 6:24because stuffed candle and I asked him
152. 6:26in the chat what are you mean by his
153. 6:28stuff Cambodia and he says well this is
154. 6:30really hard to explain
155. 6:31whereas here masteries you actually like
156. 6:33put them up in and true all the
157. 6:35different candles dark consider stuff on
158. 6:38the end details and that he magic volume
159. 6:40so like there's a lot of things are like
160. 6:41really impossible just to UM discuss and
161. 6:44she in Weber dart and where he just
162. 6:46fills the gaps right here yeah one of
163. 6:50the best investment we ever made is tier
164. 6:533 and coming to these masterminds one
165. 6:56because you have the possibility to ask
166. 6:59him any questions you want it is always
167. 7:02gonna be responded to you you know and
168. 7:04he doesn't do it like enough AB way to
169. 7:07just get excited and he goes like yes or
170. 7:14no you stop telling him about the market
171. 7:16aid that's what do you think about this
172. 7:17room he can spend like four days talking
173. 7:20just about the market and telling you
174. 7:22exactly how what it things and
175. 7:24everything and that's why I like about
176. 7:25dogs and that's what I'm here this is my
177. 7:27second time that I'm here and I think I
178. 7:29always get in a great value on on
179. 7:34everything that he talks and he teaches
180. 7:36you like today it was it was really good
181. 7:39spending all of these two days learning
182. 7:42because that's what we came from and the
183. 7:45other thing is the other point is that
184. 7:46it's the option to live trade if there
185. 7:49are but there's no lack of value when
186. 7:54there's no trade in fact there's the
187. 7:56opportunity for live teaching that you
188. 7:58can't
189. 7:59like you mentioned yeah on whether so
190. 8:02any time that that's would have
191. 8:05otherwise been spent with live trading
192. 8:08is more than filled with valuable
193. 8:12content that he adds describes it
194. 8:16meticulous detail what he's thinking and
195. 8:18what the markets thinking and that's
196. 8:19what's the the thing that's I think I
197. 8:21like the best about his system is that
198. 8:24its predictability comes from the
199. 8:26psychology of why the price action why
200. 8:30the trade behaves as it does so you can
201. 8:32predict what people are thinking and
202. 8:34counter that strategy and that's there's
203. 8:39[Music]
204. 8:41a lot of psychology is work but you know
205. 8:49it's different that chatting in the the
206. 8:53website is different
207. 8:58I'm sorry other questions and here's
208. 9:01more until they'll say more because some
209. 9:06love that can't really explain have to
210. 9:07draw and to give it a go one on one
211. 9:10message because the more people that you
212. 9:12can give them different expansion people
213. 9:14have different questions to me so
214. 9:16sometimes we don't get the answer and
215. 9:19it's faster it's more updated strategies
216. 9:22as a cube X 3 mount your strategy maybe
217. 9:27sometimes I there's no strategy but I'll
218. 9:31say 15 is smart here
219. 9:33[Music]
220. 9:35I'm using mother heavy as a family
221. 9:39we're just tweaking do the original
222. 9:42strategy so we don't always that's right
223. 9:43yeah and statistics to the brilliance of
224. 9:45applying psychology and statistics for
225. 9:47predictability is you know you know when
226. 9:50to cover you know what end
227. 9:51yeah takes critiques
228. 10:03[Music]
229. 10:10[Music]