How To Use Order Flow in 5 Minutes — Transcript

Full transcript

1. 0:00I'm going to be teaching you how to
2. 0:02identify proper entries while you're day
3. 0:04trading today. That's going to be
4. 0:06looking at order flow, reading time and
5. 0:08sales at a level, determining if a fair
6. 0:11value gap, an order block, a break of
7. 0:13structure, if any of that's legitimate,
8. 0:15what is a fair value gap, what is
9. 0:17breakup structure, how to identify these
10. 0:19zones, and when is the appropriate time
11. 0:22to take the entry. All of those things
12. 0:23you're going to learn within this simple
13. 0:25PDF. And the best part about this is you
14. 0:28can get access to this in the link in
15. 0:30the description. There's a free link
16. 0:31down below. All you have to do is open
17. 0:33the link. You'll be able to get full
18. 0:35access to this and future PDFs I give
19. 0:37out in the future. I will be giving out
20. 0:39about one a week at least at this moment
21. 0:41in time as of making this video for a
22. 0:44good duration of time. So, please sign
23. 0:46up for that. You'll be able to get all
24. 0:47of these completely for free. All right.
25. 0:50Um, my name is James. I'm a live day
26. 0:52trader. I day trade every single day
27. 0:54live. If I post these recordings on
28. 0:56YouTube, back in on the shorts,
29. 0:59entry is at 29,580. Stop loss should be
30. 1:02at entry now. All right, 85 points
31. 1:04profit on the contract there. The pull
32. 1:06back in at 600. Then I attempted that
33. 1:07breakout for puts. 100 points profit,
34. 1:10145 points there. Uh I tell people my
35. 1:12exact game plans, what I'm looking at
36. 1:14for my entry, where my stop loss is
37. 1:16going to be. Uh I trade NQ Futures, QQQ
38. 1:19Options, and the MAG 7. Now, something
39. 1:22I've noticed throughout my experience
40. 1:24day trading, um, is discipline is
41. 1:26extremely important. So, remember
42. 1:28throughout this entire process, all
43. 1:29right, I come from the Marine Corps. I
44. 1:32cannot stress how important discipline
45. 1:33is. You can learn the best strategy, you
46. 1:36can have the best trade setup, you can
47. 1:39have perfect volume coming into your
48. 1:40trade and you could still mess it up,
49. 1:43right? you could just watch it go by and
50. 1:45end up chasing it 30 seconds later and
51. 1:47taking a massive stop-loss on what
52. 1:49should have been a perfect trade. So
53. 1:51keep that in mind. At the core of all of
54. 1:53this requires your real discipline and
55. 1:55determination to get through it. All
56. 1:57right, so let's get into it.
57. 2:00So let's get into this real quick. We're
58. 2:02going to have the fair value gaps, why
59. 2:04they fail, how do we use orderflow to
60. 2:05confirm the move, how do you know when
61. 2:07to get in, and how do you know where to
62. 2:09get out? Now, remember this strategy I'm
63. 2:12teaching, this is not a 100% win rate
64. 2:14thing, okay? That's not what this is.
65. 2:16You're going to have losses using this.
66. 2:18However, it will help you identify a lot
67. 2:20more winning trades and it will help
68. 2:22keep you out of a lot more of those fake
69. 2:23outs. Okay? So, that's just something we
70. 2:25want to be keeping in mind. Um,
71. 2:27especially as we go through this as
72. 2:29well, keep in mind this does take a
73. 2:30while to become proficient at. You're
74. 2:32not just going to watch a YouTube video
75. 2:33and then tomorrow you're getting payouts
76. 2:35every single day. This took me close to
77. 2:38about a year to perfect, like to where I
78. 2:41felt like, yeah, I can pay my bills with
79. 2:43this. You you guys know the difference,
80. 2:45right? Like, hey, I'm starting to
81. 2:46understand this. I'm starting to get it
82. 2:47a few months. Hey, I can actually rely
83. 2:50on this system and I trust this system.
84. 2:52It took me about a full year of doing
85. 2:53this. And my form of back testing was
86. 2:57recording my live trades while having
87. 2:59the order book level two and time and
88. 3:01sales on the charts so I could see where
89. 3:02my entry was and what the order book was
90. 3:04doing. And that way I could confirm the
91. 3:06moves. That was how I back tested.
92. 3:07That's what I like to do with this. Um,
93. 3:09so the main issue, the problem, what
94. 3:11most people do, most traders learn from
95. 3:14the charts alone. They trade based on
96. 3:15the charts alone. They trade blind. They
97. 3:17don't actually know where they're
98. 3:18entering or what they're doing. They
99. 3:20don't use a volume footprint chart. They
100. 3:21don't use any type of volume analysis
101. 3:23tool. There's no order book. There's no
102. 3:25time in sales. Right? So price action
103. 3:27shows where a move might happen. Order
104. 3:28flow shows whether you should enter the
105. 3:30trade or not. Um, [clears throat]
106. 3:32remember you'll get this entire PDF. So,
107. 3:33if I'm going a little bit quick through
108. 3:35it, it's for the sake of the video.
109. 3:36Please obviously feel free to pause
110. 3:38anywhere you would like. All right. Um,
111. 3:40those are the four confluences that most
112. 3:42people use. Liquidity, breakup
113. 3:44structure, key levels, and then fair
114. 3:46value gaps. All right. Um, now what is a
115. 3:49fair value gap? Some of you might be
116. 3:50asking. Usually, most people consider
117. 3:52it. It's usually three candles, a strong
118. 3:55move in one direction, bullish going up,
119. 3:57bearish coming down. All right. Usually,
120. 3:59when that happens, it creates a gap. I
121. 4:02like to think of it as there's probably
122. 4:04resting orders in that gap. All right,
123. 4:06so basically big money was not able to
124. 4:09get filled on the move up. You'll
125. 4:11usually know if it was lower volume as
126. 4:13well. There was probably no big
127. 4:14institutional buying there. So on the
128. 4:17way down, some of those orders might
129. 4:18actually get filled because remember,
130. 4:19they're not buying one contract like you
131. 4:22and I are. They they have a much larger
132. 4:24position and it's hard to generate that
133. 4:26position. They have to generate some
134. 4:27liquidity to build that position. Um, so
135. 4:30that's where you would look for a
136. 4:31retracement into that gap. All right.
137. 4:33So, we can see a good example here. This
138. 4:35is on a one minute time frame. This
139. 4:37example that it's showing here. So, one,
140. 4:38two, three strong candles on the one
141. 4:40minute. [clears throat]
142. 4:41Come back below and break through the
143. 4:43level. Right. Um, now the other thing
144. 4:46you want to think about here is if
145. 4:47there's any other underlying things to
146. 4:49be watching for. If there's key levels
147. 4:50in the range, that adds some validity to
148. 4:52this as well. If that's an order block,
149. 4:54that added some validity as well. Um, if
150. 4:57you need help finding, you know, order
151. 5:00blocks or finding key levels, I have a
152. 5:02whole separate video on that. All right,
153. 5:03just go to the link in my description,
154. 5:04guys. I have my full playlist education
155. 5:07link in my description. So, you can
156. 5:09click that playlist. It's going to
157. 5:10autopop populate all the videos I've
158. 5:12made on the right side, and that way you
159. 5:14can see them all as well. So, you can go
160. 5:15and pick the subjects you want to learn
161. 5:16about. Uh, best way to learn in my
162. 5:18opinion. All right. So, as we're moving
163. 5:21on now, this this is the important part
164. 5:23right here. This is how we're finding
165. 5:25out if we want to take the entry or not.
166. 5:27This is the beautiful part called time
167. 5:28and sales. Some people call this the
168. 5:30tape. All right. Time and sales is a
169. 5:31live list of every trade that actually
170. 5:33happens. This is real time. So order
171. 5:36book level two is the intent. I want you
172. 5:39to imagine a waiter is going into the
173. 5:42the chef's kitchen. All right. So,
174. 5:44picture the waiter has his plate and
175. 5:47he's got a receipt on the plate and he
176. 5:49is going to the chef's kitchen and he's
177. 5:51shouting, "Hey, this guy wants the
178. 5:53roasted chicken. That's what he wants."
179. 5:54All right. So, now everybody in the
180. 5:56restaurant is aware that that person who
181. 5:58just placed an order. Picture that's a
182. 6:00big bank, a big institution. You're
183. 6:02paying attention because you saw a large
184. 6:03order on the order book. Goes in, says,
185. 6:05"I want a roasted chicken." Now, what
186. 6:08comes out would be time and sales
187. 6:10because it's already happened. There's a
188. 6:11time stamp and an execution behind it.
189. 6:13There's a quantity behind it. So now out
190. 6:15comes that roasted meal and everyone's
191. 6:17like, "Ah, yes, they did in fact get
192. 6:19that meal." So that would be a
193. 6:21legitimate example of an order book
194. 6:23level for 2,000 orders at the buy,
195. 6:25right? [snorts] It comes through. Time
196. 6:27and sales prints it. Time and sales says
197. 6:29boom. It's not that easy, by the way,
198. 6:30but time and sales says 2,000 at price
199. 6:33being 650 a share at 10:01. So now you
200. 6:37know, oh, okay, that was that that
201. 6:39filled that way. Um, it's not that
202. 6:40simple. We get more into depth into it
203. 6:42in some other YouTube videos I have on
204. 6:44order flow, but they might cluster their
205. 6:46orders. They might spread their orders
206. 6:47out via either time or price in order to
207. 6:50hide their footprint because obviously
208. 6:52they don't want to reveal their entire
209. 6:53position to the whole market, right?
210. 6:55Other those all the big guys are
211. 6:57fighting with each other. So, they try
212. 6:58to hide their orders. So, you're you're
213. 7:00not going to see an order for 2,000
214. 7:01translate to 2,000 on time and sales.
215. 7:03It's not that easy. But, you get the
216. 7:06gist, right? Order book level two is
217. 7:08intent. time in sales is the reality. It
218. 7:09already happened. So, it's a real
219. 7:11confirmation. Um, what happened here?
220. 7:13You can see sellers slammed 164
221. 7:15contracts into the bid at 21451 in about
222. 7:182 seconds. However, price does not drop
223. 7:20below 21451. You see that it actually
224. 7:23ends up holding the level. Okay? And
225. 7:25that's what's really, really, really
226. 7:27cool about this. So, buyers step in with
227. 7:29large prints at the ask and price gets
228. 7:31lifted out of the fair value gap. I want
229. 7:33you to think bid is selling and ask is
230. 7:36buying. Okay? Very very simple. Bid is
231. 7:39selling and ask is buying. If that ever
232. 7:42confuses you, look at an options chain.
233. 7:44On the options chain, what's the higher
234. 7:46price? The ask. What's the lower price?
235. 7:49The bid. If more people are willing to
236. 7:51pay the ask, which is the higher price,
237. 7:53if people are willing to come and meet
238. 7:54that high price, the sellers are selling
239. 7:56at the highest price possible, right?
240. 7:59Then price will more than likely be
241. 8:00driven higher. If no one is meeting the
242. 8:03seller's ask, which is the highest
243. 8:05price, and people are now bidding, that
244. 8:07price is being driven down. Okay? Just
245. 8:09think about it that way. Don't don't get
246. 8:11focused on the colors because between
247. 8:12the order book level two and time and
248. 8:14sales, the colors flip-flop. So, if you
249. 8:16get focused on the colors, you'll get
250. 8:17confused. Focused on the terminology.
251. 8:19All right? Um [clears throat]
252. 8:22[snorts]
253. 8:23really though, you're looking for those
254. 8:24large quantity transactions. All right.
255. 8:26This is a screenshot of what I see on my
256. 8:28screen, and this is what I'll be looking
257. 8:30at. This applies to QQQ, NQ, ES, Tesla,
258. 8:33Nvidia. It doesn't matter. They're all
259. 8:34the same. All right? It applies to all
260. 8:35of them. Um, now, as I'm watching the
261. 8:39order book level two here, we have bids
262. 8:40on the left, green, asks on the right in
263. 8:43red. That's why I said don't get the
264. 8:45don't focus on the colors. You'll get
265. 8:47confused. Notice the 2,000 shares on the
266. 8:49bid at 59940 and 5910. And then notice
267. 8:51the 4,000 share offer at 600.90. That's
268. 8:55how I know what levels to start paying
269. 8:57attention to right there. That's how I
270. 8:59know. Now, this does move fast in real
271. 9:01time, right? It's about every second
272. 9:02it's going boom, boom, boom, boom, boom,
273. 9:04boom, boom. It's moving very, very
274. 9:05quick. Um, so it will take time for you
275. 9:07to start to read that. This is nice and
276. 9:09pretty because it's market close and a
277. 9:10screenshot. But just keep that in mind.
278. 9:12All right. Time and sales. Every trade
279. 9:14as it prints, green prints traded at the
280. 9:15ask is the buyers. The rest at or below.
281. 9:18Watch for the bigger prints like the 500
282. 9:20and the 150, which you see right there.
283. 9:22500 and the 150. By the way, the 2000s,
284. 9:24that's the ones they were talking about
285. 9:25right there. 2,000 and 20,000. And then
286. 9:27the 4,000 right here. Right. So, you
287. 9:29want to be paying attention to those.
288. 9:31Um,
289. 9:33and the volume. So, you can see right
290. 9:35here in the bottom, this is the volume
291. 9:37section just to see the underlying
292. 9:38volume for each candle. Uh, I can see
293. 9:41most of those candles are right around
294. 9:42700,000 on the tape. And then we have
295. 9:44this last one at 2.1 million. That's big
296. 9:47volume. And that's obviously market
297. 9:48close. There's always big volume at
298. 9:49market close usually, but on a real I
299. 9:52just want you to see the example. That's
300. 9:53how we can confirm something's a real
301. 9:55move. when volume supports the move. If
302. 9:57there's no volume, there's no move.
303. 9:59There's no move. We just we just skip
304. 10:00it. That's what I do at least. All
305. 10:02right. So, when you put it all together,
306. 10:04all right, you're more than welcome to
307. 10:05go over this on your own, but basically,
308. 10:06I want to be looking for volume. I want
309. 10:08to be looking to see if we're confirming
310. 10:10with clear volume before we hit the
311. 10:11level. Right? That's telling me that big
312. 10:13active participants are actually there
313. 10:15and it's working in my favor. That's a
314. 10:17good thing. No volume, no move. Time and
315. 10:19sales. I want large prints hitting my
316. 10:21level and seeing how price reacts to
317. 10:22them. If we come down and we hit that
318. 10:24support level, like in that last slides
319. 10:26example, we hit that support level and
320. 10:28I'm not seeing any more confirmation on
321. 10:30time and sales and in fact it starts to
322. 10:31show me the opposite. Guess what? That
323. 10:33is a bounce. It is more than likely
324. 10:34going to bounce. That's how I'm able to
325. 10:36capture those quick trades. The the
326. 10:38sell-off I showed you that I caught
327. 10:39earlier today, well, Friday, October,
328. 10:41what was that? October 16th, that
329. 10:43massive 569 point selloff. The reason
330. 10:46I'm able to capture those trades, and we
331. 10:48trade pretty much better in every single
332. 10:49trading community online, is because I
333. 10:50use this information in order to get
334. 10:52into trades as soon as they start to
335. 10:54form. Usually, not all the time, but
336. 10:56usually I'm able to get in those trades
337. 10:57as soon as they start to form. But it
338. 10:59does involve getting into this, right?
339. 11:01And I go over that extensively in my
340. 11:02community. I'm like, "Hey guys, this is
341. 11:04not something where you're just copying
342. 11:06my call outs. The trades move too fast.
343. 11:08You need to be able to understand the
344. 11:09education and take these trades on your
345. 11:11own." And that's the whole reason why I
346. 11:12trade live. I want people to see that
347. 11:13that's a legitimate thing you can do day
348. 11:15in and day out and day in and day out.
349. 11:17And that's why I have the most
350. 11:18irrefutable proof online. It's literally
351. 11:20hundreds of live trading examples of me
352. 11:22doing this in real time with the market.
353. 11:24You can't edit the NASDAQ, right? You
354. 11:26can edit broker statements. You can edit
355. 11:28all this other nonsense that everybody's
356. 11:29doing nowadays, but you can't manipulate
357. 11:32the real live market. So, that's that's
358. 11:34where you're going to see that real-time
359. 11:35execution play out over and over and
360. 11:37over again. Um, and then absorption plus
361. 11:40followthrough. Just seeing if sellers
362. 11:42are being bought up, if sellers are
363. 11:44actually coming through and confirming.
364. 11:45Again, all that stuff gets confirmed on
365. 11:47time and sales. All right. So, if it
366. 11:50gets confirmed, price pulls back into a
367. 11:52bullish for value gap. Volume spikes as
368. 11:55price taps the gap. Right? So, it broke
369. 11:57above. Now, it's retesting. Sellers hit
370. 11:59hard on the tape, but price doesn't want
371. 12:00to break lower. Buyers fill at the ask
372. 12:03with size and price leaves the gap with
373. 12:05volume. That is exactly what you want to
374. 12:07be looking for in order to enter your
375. 12:09trade. And you want to be entering as
376. 12:10close to your bounce level as possible.
377. 12:12I mean, I'm talking within seconds of me
378. 12:14confirming on time and sales, I'm in the
379. 12:16trade. I'm not trying to wait any
380. 12:17longer. So, that's how I'm able to get,
381. 12:19you know, these really, really good
382. 12:21entries. This is a bonus I made for you
383. 12:23guys. It's just a checklist you can run
384. 12:25through. Is your daily bias set? Do is
385. 12:27price at your confluence? Does volume
386. 12:28confirm? Is the tape confirming? Two
387. 12:30most important things there. Stop loss
388. 12:32is defined. I'm going to go over that
389. 12:34here in a second. How important your
390. 12:35stop loss is. Uh and then my size fits
391. 12:38my plan, right? Am I under my daily
392. 12:39limits? Is my risk management in place?
393. 12:41Those things. All right, run through
394. 12:42that checklist. It's going to save you a
395. 12:43lot of losses. All right. Um and then
396. 12:46nine rule, the the rules that keep you
397. 12:48in the game, right? Skip more than you
398. 12:50can take. All right? You shouldn't be
399. 12:51taking every single trade that comes to
400. 12:53your mind. You shouldn't. All right? You
401. 12:55really want to limit yourself to a
402. 12:56certain amount of trades a day. Uh never
403. 12:58trade to get paid. Trade to follow a
404. 13:00system. Right? If you're trading and
405. 13:01saying, "I have to make a certain amount
406. 13:02of money." That's where you'll start to
407. 13:04fail and then that's where you will
408. 13:06probably end up quitting if you're more
409. 13:07on the weaker-minded side. If you're on
410. 13:09the stronger minded side, you're not
411. 13:10going to quit because you're not
412. 13:11weak-minded, but you're definitely going
413. 13:13to go through a lot more frustration
414. 13:15than you need to be going through. Um,
415. 13:17journaling every trade. It should be a
416. 13:18given. If you're not journaling, you're
417. 13:20failing. It's a fact. That would be the
418. 13:22equivalent to me uh that would be like
419. 13:24me going to the gym saying, "I'm going
420. 13:25to work out. I'm going to exercise. Get
421. 13:27home. No nutrition. No sleep. And I just
422. 13:30stay up and play video games and drink
423. 13:31sodas. I'm gonna lose what I have.
424. 13:33Whatever I have right now, it's gone.
425. 13:35Right? That's not We have to be
426. 13:36journaling. We have to That's proper
427. 13:37nutrition for a trader. Right? Red days,
428. 13:39they're a business expense. I view them
429. 13:41as a business expense. It helps me
430. 13:43digest red days and red and red trades
431. 13:45so easily. Who cares? Literally, who
432. 13:47cares, right? I mean, you have guys
433. 13:49online that sell courses for the last 10
434. 13:50years who they can't even have a green
435. 13:52week. You know, that every call out they
436. 13:54give is a complete loss. So, don't worry
437. 13:56about it. Don't compare yourself to
438. 13:57others. Focus on your own journey and
439. 13:59realize that red days and red trades are
440. 14:01normal and necessary. They are normal
441. 14:03and necessary. All right, quick glimpse
442. 14:06of all the socials just because there
443. 14:07are people online who try to pretend to
444. 14:08be me, tell you to join Telegram
445. 14:10services, etc. That's all scams, that's
446. 14:12all fakes. Please avoid those. All
447. 14:13right, these are my only social
448. 14:15channels. Um, I will never message you
449. 14:17or anything. All right, on Instagram,
450. 14:20um, Instagram, all these channels,
451. 14:22they're not customer support either. If
452. 14:24anyone has business inquiries, those are
453. 14:26not customer support. Social media does
454. 14:27not quantify as customer support also.
455. 14:29All right, keep that in mind. An
456. 14:31important story about my stop-loss, why
457. 14:34I think they're so important. So,
458. 14:35stop-loss, in my opinion, it stands for
459. 14:37should have listened. Should have
460. 14:38listened. Um, I had a terrible moment in
461. 14:41time, and if she ever watches this,
462. 14:43she's going to know, and it'll probably
463. 14:44be quite a funny story, but a long time
464. 14:46ago when I first started trading, I was
465. 14:49um thought I was going to paper trade. I
466. 14:51never paper traded yet before and I
467. 14:53wanted to paper trade on my phone. I
468. 14:56thought I was entering what was a paper
469. 14:58trade. There was FOMC later in the
470. 14:59evening. I thought the market was going
471. 15:01to rally. I entered into a long
472. 15:03position. All right. Um to preface this,
473. 15:05I grew my options account when I started
474. 15:08from a $2500 account to a $41,000
475. 15:12account in a matter of three months. So,
476. 15:14pretty damn good for someone who just
477. 15:16got started with the options side of
478. 15:18trading. And one of my good friends,
479. 15:20Ashton, I was messaging her at the time
480. 15:23and or it was a FaceTime call, but I was
481. 15:25messaging her prior. And I thought that
482. 15:27I entered into a paper trade. I'm
483. 15:29distracted. I'm on the phone with
484. 15:30Ashton. I'm right when I'm off the
485. 15:32phone, I'm texting her and I'm sitting
486. 15:35here going, "Wait, why am I getting an
487. 15:37alert on my phone on my broker? It's
488. 15:39telling me that my position is going to
489. 15:41get liquidated. What's going on?" Right?
490. 15:43So, because it was a it was a margin
491. 15:45account, right?
492. 15:47So, as uh the price has come down so
493. 15:49much, I go and look and I'm down $6,700.
494. 15:54Now, this is at this point, this is
495. 15:56quite a few days worth of work, right? I
496. 15:58believe at that time that was about
497. 16:00three weeks worth of wins. I was green
498. 16:02every single day for three weeks. All
499. 16:04wiped out in a matter of about an hour.
500. 16:06I start freaking out. Oh my gosh, what
501. 16:08did I do? What did I do? Again, I didn't
502. 16:09have a stop-loss. I just yoloed a
503. 16:11position because I thought it was a
504. 16:13paper trade. I'm like whatever. Right
505. 16:15now, what do I do? What would a smart
506. 16:18person do in this situation? Probably
507. 16:20close out the trade, realize it was a
508. 16:22mistake, try to their best to digest it,
509. 16:24maybe take the next few days off, come
510. 16:26back with a clear, calm head, and just
511. 16:28recoup. It's okay, right? It's not the
512. 16:30end of the world. I'm still up x amount.
513. 16:32What did I do instead? No, no, no, no,
514. 16:34no. I said I can make my money back
515. 16:37right away. I said, I'll make this back
516. 16:39ASAP. No worries. The market's selling
517. 16:41off. Obviously, it's going to keep
518. 16:43selling off. It's FOMC. Something bad.
519. 16:45Papa Pow probably said something
520. 16:46terrible. Let me get into another short
521. 16:48position then. So, I fully exit this
522. 16:50position at negative I think 75%. I
523. 16:53said, let's double the position size.
524. 16:55Full port this account. Guess what
525. 16:58happens?
526. 16:59Instantly turns around the other way.
527. 17:02Instantaneously.
528. 17:04Here I am now. That entire position gets
529. 17:06wiped out. No stop-loss insights. just
530. 17:10me and my emotions in this thing called
531. 17:11hope. Hope and greed together. They are
532. 17:14very dangerous.
533. 17:16Long story short, the end of the day, I
534. 17:18am sitting there. I'm down $14,000
535. 17:22in one day, guys. In one day. That is
536. 17:26why I'm such a proponent of people being
537. 17:28careful with their money, of people
538. 17:30using stop- losses, and of people
539. 17:32trading prop firms. If I was trading a
540. 17:34prop firm, none of that would have
541. 17:35happened. I would have lost $80. That's
542. 17:36what would have happened. That's exactly
543. 17:38what would have happened. So, and that
544. 17:41was entirely my fault. Entirely my
545. 17:42fault. I was just being too nonchalant
546. 17:44about it. Too big of an ego. Ah, no.
547. 17:46I'll just enter this massive position
548. 17:47size real quick. It is what it is.
549. 17:49Didn't even know that it wasn't a paper
550. 17:51trade. It was a real trade. I had no
551. 17:52idea. It's my first time using the
552. 17:53phone. So, um, yeah, stop losses will
553. 17:56save you. A stop-loss will save you. And
554. 17:59you know what a stop-loss protects, by
555. 18:01the way? Stop-loss protects your time.
556. 18:03That's the most valuable thing you're
557. 18:05ever going to have is your time. this
558. 18:06right here. See if you can see that.
559. 18:09Nothing is going to beat that, right?
560. 18:12That's why we're all here. We're all
561. 18:14here trying to day trade and get our
562. 18:16time back. We need to get our time back.
563. 18:19If we can't get our time back, that
564. 18:21makes the day trading portion
565. 18:22irrelevant. If I have to sit at my
566. 18:24computer for seven hours in order to day
567. 18:27trade, I would rather I would rather
568. 18:29just go work my job. I can I can just
569. 18:31make the same money going and working my
570. 18:33job. Much less stress and that way I
571. 18:35don't have to deal with it. That's why I
572. 18:37enjoy the way I trade. I'm done usually
573. 18:40in the first 10 to 30 minutes every
574. 18:42single morning. This morning called out
575. 18:45my trade live. Beautiful trade. 60
576. 18:48points profit for most people. Some
577. 18:50people were able to ride it out all day.
578. 18:52Like a 600 point profit trade on the day
579. 18:55today. Absolutely massive winning day.
580. 18:57There's nobody else that caught a trade
581. 18:59like we caught. Nobody. because nobody
582. 19:00got in where we got in. I'm able to get
583. 19:02in where we got in because I read the
584. 19:05tape. Live trading sessions, they'll be
585. 19:07posted in my playlists, free education
586. 19:10courses, the whole nine. If you want to
587. 19:11trade live with me, that link is in the
588. 19:13description below. All you got to do is
589. 19:15open it up. Make sure you input the
590. 19:16correct email because the invitation to
591. 19:18our Circle app gets sent directly to
592. 19:20your email. If you want to join the free
593. 19:22portion of my community where these free
594. 19:24PDFs are housed, again, that link is in
595. 19:26the description below. It says free PDF.
596. 19:28Just join that way. All right. 1% better
597. 19:32every single day, guys. You guys have a
598. 19:34good one.