How Trading Like an Idiot Makes Me $10,000/Month (15 Minutes a Day) — Transcript
Full transcript
- 0:00I am the dumbest, most successful trader
- 0:02that you will ever meet. While everyone
- 0:04else is trying to trade like they're
- 0:05performing brain surgery in a blender, I
- 0:08am consistently and confidently making
- 0:10regular trades that look like this,
- 0:12trades that look like this, and even
- 0:14trades that look like this using nothing
- 0:16more than one simple strategy called the
- 0:18sneaky pivot. [music]
- 0:20This is the easiest and fastest way for
- 0:23any trader of any skill level with any
- 0:25account size to start taking steps
- 0:26forward [music] because all you need to
- 0:28be able to do to master this strategy is
- 0:31use one time frame, one candlestick, and
- 0:34give up 15 minutes of your time. And I
- 0:36think for a lot of you, that's pretty
- 0:38easy to do, right? Now, my name is Doug
- 0:40and I've been a professional trader now
- 0:41for 26 years. And one of the hardest
- 0:44lessons I ever had to learn was every
- 0:46time I tried to get smarter, cuter, or
- 0:49more clever with the market, every time
- 0:51I did that, it always made me look
- 0:54stupid. And I know for a lot of you that
- 0:56are watching, that's the exact same
- 0:58thing that's happening [music] to you.
- 1:00You're putting in the work. You're
- 1:01trying as hard as you can, but your
- 1:03results are getting worse. And what you
- 1:06need right now is the exact same thing I
- 1:09needed then. You don't need to get
- 1:11smarter. You need to get simpler. And
- 1:14maybe even a little dumber. So, in
- 1:17today's video, I'm going to show you
- 1:18exactly how to trade this sneaky pivot
- 1:20strategy. But before we get into that, I
- 1:23want you to know something. I am not
- 1:24going to sit up here and waste your time
- 1:26and just talk to you about it and show
- 1:28you a bunch of hypothetical hindsight
- 1:30examples because talk is cheap in this
- 1:32industry. I am going to show you exactly
- 1:35how this strategy works by trading it in
- 1:37a live market with real money, with real
- 1:40pressure, and real consequences. That
- 1:42way, by the time this video's over, you
- 1:44can make the decision for yourself if
- 1:45you think the sneaky pivot strategy is
- 1:47as simple as I say it is, or you're
- 1:49going to watch me lose money trying. How
- 1:51about we get started with today's video?
- 1:55So, first things first, in order for you
- 1:57to get the most out of today's video and
- 1:59for you to get the most out of the
- 2:01Sneaky Pivot strategy, we have to have
- 2:03our chart set up correctly. Now, like I
- 2:05mentioned there in the introduction, the
- 2:07reason so many people get along with
- 2:09this strategy and they love it is
- 2:12because there aren't very many moving
- 2:14parts, starting with the time frame.
- 2:16Where other strategies have you bouncing
- 2:18around back and forth between multiple
- 2:20monitors looking at different time
- 2:22frames, Sneaky Pivot only needs one time
- 2:26frame. And the one time frame is a
- 2:2815-minute. So, let's start with that and
- 2:30set it up on our chart. That's pretty
- 2:31easy to do. For reference, I'm going to
- 2:33start today's video with the YM Dow
- 2:35futures here. Doesn't matter what's up
- 2:37there. Just move it over to a 15-minute
- 2:39chart. Just click the 15-minute time
- 2:41frame and that's all you have to do.
- 2:43Notice, no indicators, no mess, no
- 2:45noise. Now, once we've done that, we can
- 2:48move on to the very first step. And
- 2:49here's what it is. We need to identify
- 2:52something called the range high and the
- 2:55range low and also the swing high and
- 2:58swing low. And let me show you what I'm
- 3:00talking about. Starting with the range
- 3:02high. The range high and low is going to
- 3:04be the previous day's high and low price
- 3:08of the asset you're trading. So, if you
- 3:09take your eyes and you scoot them over
- 3:11here to the left, you're going to see
- 3:13that this black shaded area represents
- 3:16the previous day's trading activity in
- 3:19the YM futures. So, what we're looking
- 3:21for here is the highest price point we
- 3:24see printed and we're looking for the
- 3:26lowest price point that we see printed.
- 3:29These represent the range high and low.
- 3:32So, what I'm going to do is grab some
- 3:33sort of horizontal line, some trend line
- 3:35that your software has. I'm going to
- 3:37come over here and lay the line on top
- 3:39of the highest price I see. Just get as
- 3:41close as you can with your eyes and the
- 3:43lowest price I see from the previous
- 3:46day. And this high and low represents
- 3:48the range high and low. Now, the next
- 3:51step with this, the swing high and swing
- 3:53low. In layman's terms, the swing high
- 3:56and swing low in this case is the next
- 3:59level up above the range high and the
- 4:01next level below the range low. Now, if
- 4:04you look at the chart I have here on the
- 4:06screen, you don't see that price on the
- 4:09left. So, what you need to do in this
- 4:11case is minimize your chart and go back
- 4:14to the left as far as you can until you
- 4:17find the next price that was higher than
- 4:21the range high. So, range high, we move
- 4:25back to the left and right there is that
- 4:28next swing high. That will make our
- 4:31swing high. So, let's go ahead.
- 4:33We'll lay a line right on top of that.
- 4:35And we're going to do the same thing
- 4:36below. We're going to go back and we're
- 4:38going to look for the next low that we
- 4:40see, which is right here, okay? That
- 4:44should be pretty easy for everyone.
- 4:45Let's go ahead and put a line on that.
- 4:48And those upper lines and lower lines
- 4:50represent the swing high, swing low,
- 4:52range high, range low. Very simple. Now,
- 4:56these might be recognizable to a lot of
- 4:58people watching because these are the
- 5:00rumors magic lines. Now, let me show you
- 5:02a trick here. If you happen to be using
- 5:04the TradingView software, you can
- 5:06actually come up into your indicator
- 5:08menu here, hit the drop-down tab and
- 5:11search for the rumors magic lines, and
- 5:13click them, and they'll put them on
- 5:15there for you. And better than that,
- 5:17it'll actually layer another one up and
- 5:20another one below. But just to make this
- 5:22video simple, and not everyone's using
- 5:24the TradingView software, we're going to
- 5:26stick with the lines that we have to
- 5:27keep everything clean, but I thought I'd
- 5:28mention it for those that use
- 5:29TradingView. Now, that's all we need to
- 5:31do to establish the range high, the
- 5:33range low, the swing high, and the swing
- 5:34low. Now, onto the good stuff. Once
- 5:37we've drawn these lines, what do they
- 5:38mean, and how are we going to trade
- 5:41them? And I'll show you. Let's say, for
- 5:43example, this is your swing high, this
- 5:46is your range high. This is your range
- 5:50low. And this is your swing low. First,
- 5:54most important, yet very easy rule. We
- 5:58are only, I mean only going to buy
- 6:02or sell the asset we're trading if and
- 6:05only if it is at one of those lines. So,
- 6:10in the beginning I told you it was
- 6:11simple. There was few moving parts. We
- 6:14have one time frame,
- 6:16one chart, and four lines. You only buy
- 6:20and sell at those lines. Simple.
- 6:22Anywhere else, leave it alone. So, now
- 6:25the question is, which are the buy lines
- 6:28and which are the sell lines? And here
- 6:30they are. The upper two lines are the
- 6:33sell side lines. What these are are the
- 6:36upper bands of resistance of the asset
- 6:39you're trading. And in layman's terms,
- 6:41what this means is this is the strongest
- 6:43sell side force. And every time the
- 6:45asset you're trading has moved into that
- 6:47level, it has been met with nothing but
- 6:49sellers. And until those sellers leave
- 6:52that asset, it will never go any higher.
- 6:54It will stay there. In inverse
- 6:56relationship, the bottom two lines are
- 6:58the strongest buy side force. This is
- 7:01where the market's muscle memory is
- 7:02programmed to buy. Every time the asset
- 7:06pulls into one of those levels, it gets
- 7:08bought. This is what we want to do. We
- 7:11want to sell at the upper two lines. We
- 7:13want to buy at the lower two lines. Now,
- 7:16here's something that happens every day
- 7:18where the edge of the strategy gets
- 7:20enhanced. Now, some of you might know
- 7:21this or have experienced it, but here's
- 7:24exactly what happens in most cases every
- 7:26day that you trade. Regardless of what
- 7:28you trade, what normally happens is for
- 7:30the first 15 minutes of each day,
- 7:33the asset you're trading ping-pongs or
- 7:36kind of moves back and forth between the
- 7:38range high and range low, trying to test
- 7:41both the sell side force and the
- 7:43buy-side force. Now, shortly after the
- 7:4615 minutes, which is important to you
- 7:48and I, let's say a phenomenon happens.
- 7:51What will usually take place is either
- 7:53the range low gets broken and it
- 7:56immediately visits the swing low or the
- 8:00range high gets broken and it visits the
- 8:03swing high almost every single time.
- 8:06Now, here is what you and I are looking
- 8:09to do and what the sneaky pivot takes
- 8:11advantage of. We are looking to either
- 8:15sell into the range high and trade it
- 8:19back into the swing low or we are
- 8:22looking to buy at the swing low or the
- 8:24range low and trade it back to either
- 8:26the swing high or the range high. Now,
- 8:30let me show you exactly the candlestick
- 8:32formation we are going to do and how
- 8:34this execution works. So, because the
- 8:37sneaky pivot is a very simple strategy,
- 8:39it uses a three candlestick framework.
- 8:41And the candlestick framework looks like
- 8:43this. We're looking for a strong, bold
- 8:46opening 15-minute candle. We're going to
- 8:47call this the opening range candle.
- 8:49It'll look something like this. Next is
- 8:52more important. The following 15-minute
- 8:54candle is something we call the sneaky,
- 8:56hence the sneaky pivot. The sneaky
- 8:59candle serves two things. It lets us
- 9:01know the legitimacy of the first candle,
- 9:03like what actually happened there. More
- 9:05importantly, it's going to tell us what
- 9:07the third 15-minute candle means. This
- 9:10third 15-minute candle, which in most
- 9:12cases is going to happen at the
- 9:1445-minute mark of each day, that right
- 9:18there, for all intents and purposes, is
- 9:20going to be our entry. Now, the
- 9:23three-step framework itself is pretty
- 9:26simple, but what's the most important
- 9:28part of this framework is not just those
- 9:31candles, but how they look and more
- 9:34importantly where they appear, hence why
- 9:36we started the video talking about the
- 9:38magic line levels. So, let's go back to
- 9:41the YM chart and let me show you exactly
- 9:43how you're going to dial down this
- 9:45entry. Okay, so back to the YM chart we
- 9:48started with. I left the lines up and
- 9:50just for a quick refresher, the upper
- 9:52lines is the range high, the swing high,
- 9:55the lower lines range low, swing low.
- 9:58What is the rules, my friends? We only
- 10:01sell up here, we only buy down here. And
- 10:05what do we do? What do we do in all of
- 10:07this mess? We just stare at the chart.
- 10:09We twiddle our thumbs. We maybe check
- 10:11our Facebook or Instagram, but we don't
- 10:13do anything with the instrument we are
- 10:15trading. So, what we're going to do is
- 10:18wait for that first 15-minute bar and it
- 10:20will tell us what level it picks. We
- 10:23don't have to choose being bullish or
- 10:25bearish. We're going to let the first 15
- 10:27minutes tell us what it is we need to
- 10:28do. Now, this is a playback here before
- 10:30we get into the live trading just so you
- 10:32understand exactly how this works. So,
- 10:34when you see it live, you're already
- 10:36where you need to be with it, but I'm
- 10:38going to play the first bar through and
- 10:40what you're going to see happens is it
- 10:41immediately plows all the way to the
- 10:43lower part of the range, which is the
- 10:46swing low, okay? So,
- 10:49let me ask you a question. What would
- 10:52you do in this situation? Someone is
- 10:55forcing you to push this button right
- 10:57here on the mouse.
- 10:59Are you a buyer or are you a seller?
- 11:02You're obviously a buyer. But here's the
- 11:05thing we have to understand. We can't
- 11:08just randomly buy that because maybe
- 11:11today's the day the entire thing
- 11:13implodes. We're all out on the street
- 11:15corner eating soup cans, carrying
- 11:17backpacks, heading for the hills. We
- 11:20need what? The sneaky candle. So, maybe
- 11:24it's the next candle, maybe it's the
- 11:26following candle, but we need the sneaky
- 11:29candle. So, the very next candle that
- 11:31prints in this sequence, you're going to
- 11:33see is a green one. Now at this point we
- 11:36have the confirmation that we need and
- 11:39this is what I want to show you. First
- 11:41and foremost is this lower swing low.
- 11:44Now one of the things newer traders tend
- 11:47to mess up with and I did too was I used
- 11:50to think technical analysis was literal.
- 11:52Like I would draw that line and say,
- 11:54"That's my stop. That's where I'm in.
- 11:57That's where I'm out." But really it's
- 11:59just a range. So note the first candle
- 12:02came, it printed all the way at the low
- 12:04slightly below the swing low and then
- 12:08the next candle is green. So this is
- 12:11that sneaky candle which means the
- 12:14market is intending on being bought back
- 12:17up. But again, this might be a sucker
- 12:21candle. Maybe the next one just
- 12:22implodes, but we have that stability.
- 12:25Now mind you, these are 15-minute
- 12:27candles. So this is 30 continual minutes
- 12:31where the lows have been tapped over and
- 12:34over again. So if you were to pull up
- 12:35something like a 1-minute chart or a
- 12:375-minute chart, there would be a bunch
- 12:38of taps and wicks on that low, but it's
- 12:42a lot cleaner cuz it's a 15-minute. So
- 12:44what we're going to do is look to buy
- 12:47above that candle. So the very next one
- 12:50pops up through here and you'll see it
- 12:52goes right above that. Now here's where
- 12:55the entry comes in which is the same for
- 12:57the pattern scalp, the same for the
- 12:58opening range reversal, the same I use
- 13:02in this three-step strategy is we always
- 13:04need one candle to go over another
- 13:07candle and here's what I mean by it.
- 13:09When the price crossed that 15-minute
- 13:12candle, which was 49 521,
- 13:17that is the entry. The moment it pushes
- 13:20above the candle, that's the entry. So
- 13:22in this case, we would buy it. Now
- 13:24remember, this is a little bit late on
- 13:26the entry, but what we're going to do is
- 13:28place that stop loss right underneath
- 13:31the big buyer. Now, I've mentioned this
- 13:32so many times in my last videos. This is
- 13:34what I want new people to understand.
- 13:36This is what I want struggling traders
- 13:37to understand. This is what I want
- 13:39anybody to understand who isn't making
- 13:41money trading. You're always getting
- 13:43stopped out because you never did these
- 13:45levels in the first place. That's why we
- 13:47started the video with the levels,
- 13:49right? If our stop loss is under the big
- 13:51buyer or above the big seller, I've said
- 13:54before it's like our guardian angel.
- 13:55It's a protection device. We're most
- 13:57likely not going to get stopped out
- 13:59because this buyer has been tested for a
- 14:01half an hour and it's continually
- 14:04bought. So, that's a pretty simple
- 14:06standard format, right? Everybody agrees
- 14:08with that. We got the entry, right? So,
- 14:10now it comes the target cuz every trader
- 14:12struggles with these targets. Am I
- 14:13correct? They all struggle with I
- 14:14struggle with targets. You're struggling
- 14:16with targets. Here's how we fix it.
- 14:18Because the sneaky pivot is a
- 14:20range-bound strategy, and the reason we
- 14:22drew those lines in the first place is
- 14:25because that's where it's going back to.
- 14:28That's where it's going back to in most
- 14:30cases, and that's what we want our
- 14:32target price to be. Either the top of
- 14:34the candle or somewhere back against the
- 14:38bigger seller. Let's just go back with
- 14:39the biggest seller here, and you'll see
- 14:42that even a couple of more times like
- 14:44some of these times it takes a while to
- 14:45get up there. But, here's what I want to
- 14:46do. Let me stop that. That's moving a
- 14:47little too fast.
- 14:49>> [snorts]
- 14:49>> Here's something that you have to keep
- 14:51in mind, and this I'm glad I actually
- 14:52used this example. I didn't even know it
- 14:54here. But, here's what I want to show
- 14:55you.
- 14:56Note that
- 14:57the ending part of this will eventually
- 15:01come. And this is again a big struggle
- 15:03for traders. Patience, okay? Note that,
- 15:07you know, about a What is that? 45
- 15:09minutes?
- 15:10It just kind of stayed there, and it
- 15:12kept dropping and popping, dropping.
- 15:14Look at these wicks. Look how many times
- 15:16that buyer was tested. Now, in most
- 15:18cases this is going to come off of the
- 15:21third or fourth bar.
- 15:23But the point is sometimes it doesn't.
- 15:25And this is what every trader who's
- 15:27watching this needs to understand. The
- 15:29drawings from the textbook, the drawings
- 15:32from the candlestick chart, they don't
- 15:34look like that in real world
- 15:36environment. What I want you to focus on
- 15:39is trust. Trusting the lower ranged by
- 15:43I'm going to move this one down right
- 15:44here where the stop would be. As long as
- 15:47that thing is holding the low, your
- 15:50trade's still valid. It may suck to be
- 15:52in it. It may suck that it hasn't
- 15:54rallied, but you need to stay in that,
- 15:56okay? That's exactly the kind of trade
- 15:59we are looking for is to take it from
- 16:02the base of either the range low to
- 16:05swing low back to the range high to the
- 16:07swing high. Now, this is a very simple
- 16:10strategy. All of you should have the
- 16:12three-stick framework. You should
- 16:14understand the lines. So, there's no
- 16:16reason for us to do anything else
- 16:18but start live trading. I told you I was
- 16:21going to put myself on the line. Now's
- 16:23the time to do it. Let's trade this in a
- 16:25real market, and you can decide for
- 16:27yourself. Okay, so the first trade has
- 16:30been made for today.
- 16:32We have a long here in AAOI,
- 16:37and it is five Yeah, 500 shares,
- 16:40$170.32.
- 16:42Now, I left these magic lines up here,
- 16:45and this is with thinkorswim, so it's
- 16:47kind of a little bit messy in terms of
- 16:49view. I want to show you this in in
- 16:51TradingView because there's a slight
- 16:52change here
- 16:54to these magic lines. I want to show you
- 16:56something that's pretty interesting
- 16:58here, but right now it's
- 17:00500 shares,
- 17:02$172.32.
- 17:03I think most people can see this, but
- 17:05let me kind of move this
- 17:07TradingView over here real quick. This
- 17:10is the last bar that printed here, and I
- 17:11just kind of want to
- 17:13go through this because there is a
- 17:14change to these magic lines, and let me
- 17:17talk about it here and my attention
- 17:18might get moved back and forth. So,
- 17:21first thing
- 17:23is we're looking for range high, range
- 17:25low, swing high, swing low, right? So,
- 17:28the previous day's high and low price
- 17:30are right in here, okay?
- 17:34Which makes the swing high
- 17:37the very next high above that, right
- 17:40here, the 184.
- 17:43And then of course the swing low isn't
- 17:44isn't too much further. It's right
- 17:46underneath of that. So, just like the
- 17:47rest of them, there's this huge gap in
- 17:49between and usually the swing high,
- 17:52range high, swing low and range low are
- 17:54pretty compressed like that. Now, if you
- 17:56take a look at this
- 17:59AAOI, it didn't quite make it there, but
- 18:03it was close enough for me and I'll I'll
- 18:05tell you why.
- 18:06First of all, this is about a
- 18:09$15 candlestick. That's that's pretty
- 18:11aggressive, right?
- 18:14And it's very rangy. So, a lot of times
- 18:17they don't give you that opportunity,
- 18:18but I want to open this up because there
- 18:20is a little bit of an adjustment here
- 18:22you can make. This was the third candle
- 18:25entry was around that 170.32.
- 18:28So, if I lay my cursor right there,
- 18:30that's about 170.35.
- 18:32So, that was right on point with the
- 18:34entry just kind of cresting the sneaky
- 18:38candle here, right? But note that what I
- 18:41want everybody to understand is this.
- 18:43Note the three wicks at the bottom,
- 18:47which was in this area. Sorry for
- 18:50messing up this chart. I'm going to keep
- 18:51my eye on this straight.
- 18:53166
- 18:54area. So, like down in here, you've got
- 18:57those three three points where the lower
- 19:01buyer has been tested. So, that's I mean
- 19:04that's pretty good right there. There's
- 19:05not much you can do and you can see this
- 19:07wick kind of just turned around. It
- 19:08looked like it was just going to pop
- 19:10back through the low. Let me open that
- 19:11up where it's nice and I it. Just right
- 19:13there. I mean, it looked like it was
- 19:14going to dive right in there to the low.
- 19:16Snaps back up. There's the entry.
- 19:18Now, this is really, really far. I mean,
- 19:20really far between the next time. So,
- 19:22there's a good chance you can still make
- 19:23it back to 182. You can always reduce
- 19:28the magic lines to the opening candle
- 19:31like the high
- 19:33and the low of the 15-minute candle. If
- 19:35it's really, really aggressive like that
- 19:37and it's range extended where it's
- 19:39chewed up most of the daily range.
- 19:42You can always wait for that first
- 19:4315-minute candle to close, mark the high
- 19:46and low, and start working off of there
- 19:48and you'll see
- 19:50that's kind of what it is. So, I just
- 19:51wanted to show it there cuz there was a
- 19:52few differences in the
- 19:55magic lines, but the the the end result
- 19:57is the same. You got close enough to the
- 19:59bottom range.
- 20:00And of course, what we're trying to do
- 20:02is trade you back up in here to the top
- 20:04part of this range. That's a long way to
- 20:06go. That'd be a hell of a good trade,
- 20:08but that's what we're going to try to
- 20:09do. Okay?
- 20:10So, I will keep you updated on this one.
- 20:12Okay, back on the mic real quick. We got
- 20:14another one. We have long GGL. This is a
- 20:18Google ETF.
- 20:20Uh price is 1,000 shares
- 20:2313664.
- 20:25And I'm going to explain this one here
- 20:27on TradingView because it is easier to
- 20:29do that. Let me queue that up here real
- 20:31quick.
- 20:32Just give me a second. Okay. So, here's
- 20:34what it looks like. This is GGLL. This
- 20:37is a Google
- 20:38ETF. Um
- 20:40the bar's already been trading. So,
- 20:42because this is a replay, the bar hasn't
- 20:44finished. We jumped in pretty early and
- 20:46it kind of took off. I I think most of
- 20:48you at this point can can follow along
- 20:50with this process, right? I want to do
- 20:53just, you know, one more overview of of
- 20:55the magic lines and the trade and all
- 20:57that good stuff. So, going back to the
- 21:00previous day's high price and low price
- 21:02cuz I think on both of these,
- 21:04they're a little different um because
- 21:06everything is so rangy. The bottom's
- 21:09pretty easy. It actually was a double
- 21:11bottom there on the daily chart. And
- 21:14again, coming up just a tad bit short.
- 21:17So, this would be range high, range low.
- 21:21And then you have to go back really,
- 21:23really far here. Actually, no, not too
- 21:25much.
- 21:26That'd be the swing high.
- 21:29And then the swing low would be way down
- 21:32here. Again, another rangy
- 21:34instrument because this is an ETF that
- 21:36mirrors the stock Google. But you're
- 21:38seeing the same pattern.
- 21:41Is that
- 21:42the middle range is always so wide.
- 21:46So, just like AAOI, you you didn't quite
- 21:49make it down there, but you had the same
- 21:51same thing. Three tail wicks
- 21:55close to the big buyer. And you're just
- 21:58looking for that cross. And I want to
- 21:59show you these because
- 22:01you know, in real life terms like this,
- 22:04technical analysis this is not literal.
- 22:05That's close enough.
- 22:08And it was just it's always just the
- 22:09same trade as AOI. Um Now, you can
- 22:12always, again, just use the opening
- 22:1515-minute candle, but I think this is
- 22:17this is fine. There should be at least a
- 22:20uh an outside chance it makes a a push
- 22:22up towards the upper seller before the
- 22:25day's over. Uh but I mean, that's it.
- 22:29Straightforward, pretty simple stuff.
- 22:31Right?
- 22:32>> [snorts]
- 22:33>> All right. So, it's been a little while,
- 22:34but looking at GGLL. What a monster.
- 22:37Went right back up to that open range
- 22:38there.
- 22:39Uh
- 22:41good trade so far. 14 on this one.
- 22:44Uh so, we're going to target that next
- 22:45area up there, 1
- 22:4739.54.
- 22:49And if we could go back over here real
- 22:51quick. Where is it? There it is. AAOI.
- 22:55This one's working slacken lagging a
- 22:57little bit there. But I think if we get
- 22:59through that 176, we can get that upper
- 23:01range. I mean, look at that. Um
- 23:04let's hope that candle sticks.
- 23:06Yeah, about 18 on this one, so
- 23:09we got there almost 3K on these two.
- 23:11Looking good. I mean, at this point,
- 23:12it's just
- 23:14it's just auto pilot. I mean, hopefully
- 23:16you guys can can see it here.
- 23:18It's just it's simple. I mean, as simple
- 23:20as simple can get, right?
- 23:23>> [sighs]
- 23:23>> Okay, it's been a long day. I'm tired,
- 23:26but I'm going to update you on these
- 23:28trades. And I really want to do this one
- 23:30because when you trade live, you get
- 23:34live situations. Remember, no
- 23:35cherry-picked charts or circumstances.
- 23:39We had a little change. We had one turn
- 23:41out real good out of those trades, and
- 23:43one
- 23:46one kind of stuck it to us, man. It
- 23:47sucked a little bit. So, let's start
- 23:49with the good one here. AAOI Um take a
- 23:52look at this. Later in the day, it had
- 23:56moved up quite a bit. It was lagging
- 23:59Google GLL there for a minute. Taps the
- 24:02top range, and look where it ends up.
- 24:04Gets right up there, right at the end of
- 24:06the day. Now, the market's closed now,
- 24:07but right there towards the
- 24:09end of the day, it taps into that that
- 24:12upper
- 24:13seller. Perfect. So, we got a lot more
- 24:16out of this one, almost almost 3K. So,
- 24:18that that's pretty good.
- 24:21But, Google
- 24:23Google was very, very mean to us. Let me
- 24:25pull this up here, GLL. Oh my my. Take a
- 24:29look what happened here.
- 24:31>> [sighs]
- 24:32>> Google got stuffed. I mean, everything
- 24:34looked really good uh making a really
- 24:37nice V shape.
- 24:40Uh
- 24:41but damn, it got rejected. I had to turn
- 24:43around and cut this
- 24:45as it started dropping. I mean, just
- 24:46kind of it felt like out of nowhere. The
- 24:48first this 15-minute bar just plowed. It
- 24:51was so fast and it dropped so quick.
- 24:54I held onto it through here cuz I
- 24:55thought maybe it would, you know, kind
- 24:57of flag and revisit like it did back
- 24:59here. But, damn, the thing went down. I
- 25:03mean, all the way into the
- 25:06the big buy. I mean, if there was more
- 25:07time in the market, I would probably buy
- 25:09that. But, you know, it shows you they
- 25:12just kind of tap range to range. Really
- 25:15disappointing cuz I think at one time
- 25:16the height of this was almost 2K.
- 25:19And, um as you can see, they sold it for
- 25:22um
- 25:22rublets. Let's say rublets. I mean, they
- 25:25gave a chunk back on this, but the ROI
- 25:27was
- 25:28uh was good, right? So, anyway,
- 25:30uh real stuff there. So,
- 25:32again, guys, I think the the process is
- 25:34really simple at this point. You see the
- 25:36trades. That's two for two.
- 25:39Well, the Google was kind of upsetting,
- 25:41but, you know,
- 25:42that happens from time to time when you
- 25:44trade, and it's just what you have to do
- 25:45with if you're going to participate in
- 25:46this.
- 25:48So, anyway, I'm going to wrap up this
- 25:49video.
- 25:50It's been a long day. I hope you learned
- 25:52something. If you're looking for a great
- 25:54selection of ideas down in the
- 25:56description box, we send a free watch
- 25:58list out every week. Sent on Sunday.
- 26:01It's completely free. Something we offer
- 26:02to the community. The link is down in
- 26:04the description. And as always, I want
- 26:06to thank you for watching today's video.
- 26:07It's my pleasure. Take care, trade well.
- 26:09Until the next video.
- 26:11Cheers.
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