๐ด Live NQ Futures Trading | Order Flow & Prop Firms โ Transcript
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- 0:19What's up? What's up?
- 0:22No, nothing much on my end. Just
- 0:24watching a
- 0:26never- ending pump occur.
- 0:49So today,
- 0:52oh, we'll wait. We'll wait a second.
- 0:53What up, Choosy?
- 0:55We'll wait a second. Then I'll talk
- 0:56about what I'm looking at for today.
- 1:11Although I will say I'm not necessarily
- 1:13excited for today just by looking at
- 1:15this.
- 1:27Hope I hope you guys are having a good
- 1:29day so far though for the people who are
- 1:32uh not in the US.
- 1:51What up, Ken? Oh, we're getting a pump
- 1:55before the open.
- 1:58What is that?
- 2:02Yo, what the hell? What the hell is
- 2:04that?
- 2:06Okay. Well, while it's happening right
- 2:07now, I'm watching 310.
- 2:18What the hell is that?
- 2:49We just pumped 60 points out of nowhere.
- 2:55Actually, 70 points.
- 3:06So, just so you guys know what I'm
- 3:07looking at for this morning is
- 3:10I am um
- 3:13this is kind of like the cap for the
- 3:15upside up here around 310. If we push
- 3:19past that, there's really not a lot to
- 3:22the upside. Um
- 3:27we're just entering. we would be
- 3:28entering back into the the middle of the
- 3:31higher time frame range that we were
- 3:32stuck in for like two months. So, I'm
- 3:35watching 310 and I'm watching down here
- 3:38between 145 and 100.
- 3:42The baseline expectation, we do have a
- 3:44decent amount of uh positive gamma
- 3:47distributed throughout this profile. So,
- 3:50we could see like just potentially like
- 3:54two-sided rotation balancing out before
- 3:57we make another move. We've been just
- 3:59kind of pumping and we're lacking
- 4:01structure a little bit.
- 4:03In the event that we get below here
- 4:04though and we accept below it, then I am
- 4:06going to be watching for us to come down
- 4:08here.
- 4:12But if we're going to pump like this
- 4:14into uh 310, then I'm going to be
- 4:16watching pretty carefully what happens
- 4:17at 310 because I might try and take a
- 4:19short up there depending on what it
- 4:21looks like.
- 4:25But the reason why I said I'm not that
- 4:27excited for today is because
- 4:34after we pump like that,
- 4:36we're opening up in a positive gamma
- 4:38environment.
- 4:40I really don't have huge expectations
- 4:42for this AM session. I really don't.
- 4:56What up broke boy Japa?
- 4:58What up Goku? What up trike patrol?
- 5:05What up everybody?
- 5:07Wet for spaghetti.
- 5:13Deboss positive gamma.
- 5:22[snorts]
- 5:28[snorts]
- 5:31What up everybody? What up truck pro
- 5:34consult?
- 5:36Gerbin. Durban. Urban.
- 5:41Now, if we do have two-sided rotation in
- 5:44this area right here, it could be a
- 5:45pretty good area to try and just play
- 5:47the edges of it. I mean, it's pretty
- 5:50large, right? It's like 200 points.
- 6:17Also, today
- 6:21I think per spaghetti we have the uh
- 6:25giveaway bot working, which is good, but
- 6:28we have to um I know I know we love the
- 6:32FFN accounts. I know we love them.
- 6:36But I might have to give away a
- 6:39GoFundMed futures account today.
- 6:54What up? 1x2 SMT. I need to actually
- 6:57pass these evals. I have I have like um
- 7:03six evals that are like $600 from being
- 7:06passed
- 7:09or five of them that are 600 away and
- 7:11one of them is like
- 7:14a thousand away.
- 7:26So, yeah, we'll see what happens. But I
- 7:28might be um
- 7:32what up, Big Rig?
- 7:35Now, when I read Truck Pro Consult, I
- 7:38had a feeling that was you. I just I
- 7:40just know you as Big Rig.
- 7:53So, I think I'm going to be slightly
- 7:54more careful this morning just because I
- 7:56don't really um
- 7:59I'm not the biggest fan of whenever we
- 8:01do these types of things.
- 8:03Although, pretty crazy uh recovery from
- 8:06that from that drop.
- 8:10So, now we're kind of coming back into
- 8:11this uh balance that we were in for like
- 8:13two months. And then the middle of it is
- 8:17in the mid600s. Like the PC is in the
- 8:20mid600s.
- 8:22We do have these highs sitting here. So
- 8:24like it's just if we get above 310 it
- 8:26would be lowhanging fruit. Um but after
- 8:30that there's really nothing until the PC
- 8:32is sitting around 600. So
- 8:37honestly if we accept above 310 and we
- 8:39go take these internal highs I'll
- 8:40probably just stop trading for the day.
- 8:43The two scenarios I'd rather us do so
- 8:46that I actually have an opportunity to
- 8:47try and trade it is either be in
- 8:49reversion
- 8:50um where we start balancing out inside
- 8:52of here or if we actually accept below
- 8:53here. But I think it's not as likely
- 8:55that we accept below here. I think it
- 8:57would probably be a better opportunity
- 8:58to wait for us to maybe get down here,
- 9:01see if we have any type of like
- 9:03responsive buying activity, watch the
- 9:06tape, and then there may be an
- 9:07opportunity to try and long it. I think
- 9:09that would probably be the best
- 9:10opportunity if it happens.
- 9:14Um, but that's just what I'm looking at.
- 9:21We do have jolts, by the way,
- 9:24today.
- 9:31So, I'm be mindful of that.
- 10:13Damn, we got 60 people in the live
- 10:15today. Let's go. And then 40 on the
- 10:17YouTube.
- 10:19Let's break a record. I feel like we're
- 10:21going to break a record this week. I
- 10:23think the record for mo for people on
- 10:25stream is like 130. Actually, no. There
- 10:27was one day on YouTube randomly. I got
- 10:30like 200 people in my live.
- 10:35We got to beat that one day.
- 10:41This guy got botted. [laughter]
- 10:47What up, T Clickie?
- 10:51How much do I make from YouTube
- 10:54with all the ads that I put in there?
- 10:56Well, if we're talking about YouTube
- 10:58ads,
- 11:01wait, hold on. Market's about to open.
- 11:03I'll tell you in a second. It's really
- 11:04It's like a 100 bucks.
- 11:10This is probably going to slam down.
- 11:13[snorts]
- 11:24If we push up. I'm watching up here.
- 11:32I just I hope we don't just like come up
- 11:34here, stall for a moment, and then just
- 11:36squeeze it again.
- 11:47All right, we're pushing up into this
- 11:48area. I'm going to start paying
- 11:49attention
- 11:51to what happens.
- 12:44So, we're watching this area right now.
- 12:46I'm kind of like
- 12:53we're kind of stalling here, but I don't
- 12:55want to necessarily fade it yet
- 13:03because this is it would be better if we
- 13:06did it down here rather than trying to
- 13:08mean revert up here.
- 13:24Dude, if we just open up right now and
- 13:26just start squeezing to the upside, I
- 13:28gotta I'll sit here and hang out, but
- 13:31like I'm probably not going to trade it.
- 13:51or you know what I'll do is I'll
- 13:53probably just I'm not going to trade any
- 13:55of my funded accounts
- 13:57if that's what's about to happen right
- 13:59now. I'll probably just try and see if I
- 14:00could pass the um
- 14:04pass the evals,
- 14:26dude. What a pump.
- 14:30I saw some guy on Instagram. He was
- 14:32saying like while price was down here,
- 14:33he's like, "I'm loading up." He's like,
- 14:35"Every time
- 14:38he's like, "Every single time we've made
- 14:39a dip like this, I've never had money to
- 14:41put it in." He's like, "I'm loading it
- 14:43up now. I'm a DCA into it." He's
- 14:46probably pretty happy.
- 14:48We're almost like uh
- 14:53I don't know. I I don't know who it is.
- 14:55I wasn't really paying attention. I was
- 14:57just like doom scrolling.
- 15:00So, we just took these internal highs of
- 15:03the range. So, now we're kind of coming
- 15:05up. So, the the only other area to the
- 15:08upside that I would actually be looking
- 15:09at is like way up here. It's around um
- 15:14kind of like the 630 area.
- 15:20But
- 15:21this is the least preferred scenario.
- 15:24Look at this dude. This is the least
- 15:26preferred scenario for me of of the day.
- 15:34What I will tell you guys though is that
- 15:36if we're going to do this and we're
- 15:38going to actually accept and hold above
- 15:40this 310 area, not just slam back down
- 15:43into it, you guys should be pretty
- 15:45careful about trying to or you know
- 15:48what? I'm not going to tell you what to
- 15:49do because the not financial advice. I
- 15:53am not going to um
- 15:56try and call the top of that. I'm not
- 15:59going to try and call the top of that.
- 16:02I'm going just let it go.
- 16:09First five minute candle was 150 points.
- 16:22PR trained king. Yeah, not financial
- 16:25advice. I don't know what you guys are
- 16:26doing. I'm just I'm just trading.
- 16:30I'm just doing me.
- 16:33But yeah, this is kind of unfortunate to
- 16:35be honest.
- 16:51All right. So, I think I'm going to
- 16:52chill on the funded accounts. Then
- 16:56we're going to trade this Evo.
- 17:10I was not expecting this to happen. Just
- 17:13a straight pump up.
- 17:18I was expecting us to at least like I
- 17:20don't know catch a little bit of
- 17:21friction in this area. Maybe like stall
- 17:23for a second and then push. We just push
- 17:25right through it.
- 17:43Oh, that's what that was.
- 17:46An announcement is expected regarding
- 17:49the reopening of the straight
- 17:51moves. A high ranking source told
- 17:55Al Arabia.
- 18:00Well, there goes our morning then, I
- 18:02guess.
- 18:04Everyone's trying to frontr run it right
- 18:05now. Everyone's trying to frontr run a
- 18:07potential news coming up.
- 18:11Not a bad idea.
- 18:14Where's the Robins Cup trophy?
- 18:17Uh, they got to make it then. They're
- 18:19going to send it to me.
- 18:41The only thing that I can do really at
- 18:44this point is
- 18:50I'm going to wait to see if we come back
- 18:52to re retest
- 18:56current call wall.
- 19:09If we don't, we just kind of grind up.
- 19:18Dude, every single time we do something
- 19:19like this or we start doing something
- 19:21like this,
- 19:25I just get like PTSD. Back to April.
- 19:30I hated that price action.
- 19:34Just open CME pump. Open New York pump.
- 19:38Open CME pump for like two weeks. Dude,
- 19:41that was probably the worst
- 19:44because at the time while that was
- 19:46happening, I just couldn't get myself to
- 19:48just like long it, you know?
- 19:53And then now when we do something like
- 19:54this again, I'm just like, uh,
- 19:57[snorts]
- 20:01so we had
- 20:03I still wouldn't want to short this
- 20:05because we would be shorting it
- 20:07basically into this area.
- 20:19Making your eye twitch. remember that?
- 20:21Yeah, it was uh
- 20:24it was terrible.
- 20:28Like the way that I trade, right? It it
- 20:30it kind of requires or I would love to
- 20:33see us actually have some type of
- 20:34structure,
- 20:36you know, like a normal market like at
- 20:39least go up and down, not just like one
- 20:41direction. Oh, whoops. So, that was that
- 20:45was kind of annoying when that was
- 20:47happening.
- 21:16Jeez.
- 21:49We're seeing this aggression kind of
- 21:53I'm not going to
- 21:56I'll just if it does come down from here
- 21:57I'm going just let it go. I don't want
- 21:59to
- 22:01short this.
- 22:06Why are you waiting for that retest? Is
- 22:08it a good fair value gap?
- 22:14I don't know, dude. Let's look.
- 22:19Let's Let's look.
- 22:36Oh,
- 22:44hell yeah.
- 22:46No, I'm just messing with you. I don't
- 22:48trade fair value gaps.
- 22:53Well, I guess technically I do trade
- 22:54fair value gaps, but it's like a
- 22:56legitimate fair value gap.
- 23:01[clears throat] But that was the signal
- 23:02right there. The inver No, I'm I'm this
- 23:04cuz this is the this is the call wall.
- 23:06But I don't
- 23:09we're ripping right now.
- 23:12Honestly, like at this point, this is
- 23:13what I'm looking at, right?
- 23:16Okay. Like if we were to um
- 23:24I'd basically be watching up here,
- 23:31but that's far away.
- 23:34But at this point, I mean, we're we're
- 23:36like not even 15 minutes into the open
- 23:38and we've already gone
- 23:40almost 250 points to the upside. Then we
- 23:43have Jolts.
- 24:02the pot wall. It's down here for Tanuki.
- 24:06It's around uh 28,8005.
- 24:14I don't know, guys. I don't know about
- 24:16this. I think I think this morning
- 24:17session might be cooked.
- 24:21I'm just be real. I I don't like
- 24:37I'mma just I'mma sit here. We're going
- 24:40to hang out and we'll we'll watch what
- 24:42happens.
- 24:45But, you know, I'm going to be honest
- 24:47with you guys. I'm probably just going
- 24:48to sit here because
- 24:50if we're going to do this,
- 24:54not have a single pullback at all, and
- 24:56just like rip it up,
- 24:58I'd rather just wait for
- 25:02some type of structure to get created
- 25:04like um
- 25:06maybe we make a pump up here at the open
- 25:09and then lunch comes around and then uh
- 25:13you know like PM session does something
- 25:16and then the overnight session and then
- 25:17forms a little bit of structure and then
- 25:19we can always trade tomorrow. But
- 25:23this is difficult for me to trade.
- 25:42What I can do is in the meantime I can
- 25:44answer uh your guys' questions. Uh, what
- 25:47are the tools that you use? Is it order
- 25:49flow and options flow?
- 25:52Tools.
- 25:54Um, I use ATS.
- 25:57I use deep charts.
- 26:00I use Oh, speaking about deep charts,
- 26:03let's check out their uh let's check
- 26:05let's check out their
- 26:07their deep gamma.
- 26:16Bro, what? It says I need to purchase
- 26:18the add-on or upgrade my package. I did.
- 26:23Well, there goes that. I guess we'll
- 26:24have I'll have to figure that out later.
- 26:31Um so I use ATS deep charts and then for
- 26:34options flow I use um Tanuki trade
- 26:44and then
- 26:46I use Trading View to chart.
- 26:52Oh, it's not released yet. I thought
- 26:54they released it on Monday. I bought it
- 26:56I bought it um
- 26:59last week. They said it would be ready
- 27:02on Monday.
- 27:04I didn't try it yesterday.
- 27:07Um
- 27:13I'm interested to check it out. I mean,
- 27:14the only thing is that it's for SPX like
- 27:17CBO CBOE. It's for SPX.
- 27:21I really um
- 27:25I really don't
- 27:27care for that. I'd rather look at Q. I
- 27:29understand why it's only SPX, right? But
- 27:35even if it requires that I'm using naive
- 27:37GEX, I'll take naive GEX over that
- 27:39because I I want to see it for QQQ and
- 27:43NDX.
- 27:45They said that they were going to add it
- 27:47for NDX and QQQ, but that's not going to
- 27:49be CBOE data.
- 27:56Can you hit the gritty for the disabled
- 27:58community? Maybe later. Maybe later.
- 28:04Um, why don't you go fully deep charts?
- 28:07Well, honestly, the real answer to that
- 28:10is ATAS is is just a better orderflow
- 28:12platform. It really is
- 28:17like
- 28:20ATS is
- 28:22more customizable.
- 28:25It's cheaper.
- 28:28It's better for
- 28:31like the raw orderflow tickby tick data.
- 28:35Deep charts
- 28:37is cool, less customizable.
- 28:41Um, they have cool volume profiles.
- 28:47Uh,
- 28:49you the way that you can execute trades
- 28:51is really nice with their stop orders.
- 28:56Um,
- 29:03but yeah, uh, I in my opinion, ATS is
- 29:06way better. And if you're learning order
- 29:08flow, even though the user interface may
- 29:10be a little bit more simple and a little
- 29:12easier on Deep Charts,
- 29:15Atas is better because their replay mode
- 29:17is just like top tier. The replay mode
- 29:20on Deep Charts is kind of it's booty.
- 29:24It's kind of booty cheeks.
- 29:28Yeah, Atas X doesn't have their replay
- 29:31in it, but if you have a ATS
- 29:33subscription, this is crazy that we're
- 29:35just doing this right now. If you have a
- 29:37ATS subscription, you can just um you
- 29:41can have both platforms, ATS and ATSX,
- 29:43unless you're on a Mac, then you're kind
- 29:44of, you know, out of luck. But what's
- 29:46interesting is Atas also is about to add
- 29:49their own GEX levels and their own um
- 29:52gamma. So, they're kind of battling it
- 29:55out there, huh?
- 30:03Yeah. NDX and SPX instead of QQ and spy.
- 30:07I I'm basically looking at NDX
- 30:10every day on Tanuki's platform.
- 30:24Atas does have a you can use it on Mac.
- 30:27It's um the X version.
- 30:35Can I do a video explaining options for
- 30:37beginners? No, because I don't trade
- 30:39options. I trade futures.
- 30:49Apple. I look at QQQ, but
- 30:55I look at both of them,
- 30:59NDX
- 31:00and QQQ.
- 31:11Looking for shorts? Absolutely not.
- 31:16Absolutely not, my guy.
- 31:22Look at that. You know, you want to
- 31:23short into this. This is
- 31:38if you're sitting here with the mindset
- 31:42of this has gone up way too much. It's
- 31:45got to come down. This is way
- 31:47overextended.
- 31:53Just let it go, dude. Just let it go.
- 31:58You know how many accounts I've blown in
- 32:00the past being like, "Oh, yeah.
- 32:06We got to come down now." You know what
- 32:08I mean? We got to come down now. We're
- 32:10gonna way too much.
- 32:14No, it what we're seeing happen right
- 32:16here is obviously saying it's not done
- 32:18yet. It's not done.
- 32:25Should we just start longing Asia? And
- 32:28uh
- 32:33yeah, this is this is alltime high type
- 32:35of PA. This is like the type of PA where
- 32:37we're just about to rip to alltime high.
- 32:54Well, let's see what Joltz does. Let's
- 32:55see what the 4 hour does.
- 32:58Why is Tanuki trade the orderflow
- 33:01platform of choice? It's not orderflow.
- 33:03It's just options. It's just a gamma
- 33:07vendor basically.
- 33:10I've tried a bunch of different
- 33:12platforms. Um,
- 33:19I just I like the interfa the user
- 33:22interface for Tanuki.
- 33:25It makes it really easy for me. I can
- 33:27see what I want to see.
- 33:30There are um
- 33:37there are other platforms that are
- 33:38pretty cool.
- 33:43But
- 33:48I also I have I have options flow uh
- 33:51like companies hit me up all the time
- 33:53and they just like give me their
- 33:55software for free and then they're like
- 33:57check it out, check it out. Like, let us
- 34:00know what you think. Some of them are
- 34:02cool, but I don't know. Like,
- 34:06I just kind of like the way that
- 34:08Tanuki's platform looks. It's easy. It's
- 34:11like really easy. I just I have it here
- 34:13on on an iPad. You guys can't see it,
- 34:16but I just have like a iPad right here
- 34:18with uh the Tanuki platform up. It's
- 34:22like because some of these other
- 34:24platforms it's I am biased towards
- 34:26Tanuki and you know full disclosure
- 34:29obviously I'm an affiliate of Tanuki but
- 34:31that happened after I started using it
- 34:34as the main one. Just saying just saying
- 34:40but yeah I I but you know these
- 34:43companies hit me up. I can go to any
- 34:46company with the options flow and get a
- 34:49an affiliate with them.
- 34:52So, it's not really just about being an
- 34:54affiliate with Tanuki because I could be
- 34:56an affiliate with any of these.
- 35:06I don't know. I just kind of like
- 35:07Tanuki's platform. It's pretty cool to
- 35:08me.
- 35:15>> [laughter]
- 35:26>> Can you share your big trade setting?
- 35:32Yeah. Here, look at it.
- 35:42Yeah, the nano contracts. You guys see
- 35:44that
- 35:47the ticks will be every 50 cents. So,
- 35:49two ticks per point,
- 35:5210 cent increments.
- 35:58I use MNQ. Do not copy this if you're
- 36:00using NQ.
- 36:07Dude, nano contracts. I was talking to I
- 36:11was talking to somebody about this the
- 36:12other night
- 36:14uh or last night. The CME is just trying
- 36:17to target um
- 36:21retail.
- 36:27What the hell?
- 36:32Really? You you think nano contracts are
- 36:35made for large funds?
- 36:42I was thinking they were targeting
- 36:43retail.
- 36:47They aren't a thing.
- 36:50The CME said they're going to be a
- 36:52thing. At least that's what I saw.
- 37:05I wonder if the firms are going to
- 37:08if once they get released if the firms
- 37:10are going to like add them.
- 37:14I want to switch from ICT to order flow.
- 37:17How can I do it?
- 37:22Well, you can start out by, you know,
- 37:24using uh orderflow with ICT.
- 37:40Okay, we're going to have our first red
- 37:42candle of the day.
- 37:4430 minutes into the open.
- 38:01Yeah, I'm probably not going to tra I'm
- 38:03going to probably just trade this eval
- 38:04today. I'm probably not going to trade
- 38:05the fundeds unless something happens
- 38:07later where it makes sense to
- 38:38You'd recommend trading Enigma. The
- 38:40algorithm moves the market. Order flows
- 38:42faked by the algo.
- 38:47Yeah.
- 38:58Do you know about Vanna and charm? Yeah,
- 39:02Tanuki doesn't show Vanna and Charm.
- 39:08It's pretty important though.
- 39:30Yo, Eeka guy is crazy. This guy knows me
- 39:33in uh
- 39:37This guy knows me. That's my friend.
- 39:40Yeah, that was me.
- 39:43You're so stupid, dude.
- 39:47That was me at uh in Bangkok at 9:30
- 39:51p.m. blew an account at the open
- 39:55in a in a karaoke uh
- 39:59[laughter] in a karaoke bar.
- 40:11No, I didn't move to Thailand already.
- 40:13I'll do that later. Later this year.
- 40:16You're so stupid, dude.
- 40:21No, that's not a PC. That's actually a
- 40:23G-Shock.
- 40:30It's a G-Shock. It's like 500 bucks.
- 40:33It's a cool watch though. It's a
- 40:35Bluetooth, so every single time when I'm
- 40:36traveling around, I wear that watch
- 40:38because it automatically syncs to the
- 40:40time on my phone. Makes it easy.
- 40:45It's pretty cool, though.
- 40:55Where do I want to move Bangkok to? I
- 40:57don't know. It's kind of like an
- 40:58immovable object. I can't really move
- 41:00Bangkok anywhere. It's just going to
- 41:02stay where it is.
- 41:14Okay, we have jolts. Do we just buy any
- 41:17pullback and then just keep it keep
- 41:18going long?
- 41:23You guys are
- 42:18I might I might just try and uh see if
- 42:23this dips down a little further. I might
- 42:25try and just long it on these evals just
- 42:27to try and pass them.
- 42:32I need like 60 points
- 42:35to pass these
- 43:15I missed it.
- 43:21We're watching sellers get absorbed
- 43:22right here by was trying to
- 43:25because I'm worried about right around
- 43:27here at 5:15.
- 43:54But it would just Yeah, I can't do that
- 43:56anymore.
- 44:24>> [snorts]
- 44:50[laughter]
- 45:03>> Yeah, my bad for just sitting here. But
- 45:05dude, like what am I supposed to do
- 45:07realistically? Just chase this
- 45:14This is pro. This right here when we
- 45:16were doing this right here was probably
- 45:17the only opportunity
- 45:20that I could have tried to take. I just
- 45:21hesitated on it.
- 45:29[laughter]
- 45:31Right.
- 45:33Right.
- 46:13>> [clears throat]
- 46:26>> Jeez,
- 46:33you need a signal.
- 46:58Why don't you just go long? There's your
- 47:01signal.
- 47:27Take these short take shorts. We're
- 47:28super overextended. [laughter]
- 47:36But RS RSI is telling us that we're
- 47:38overbought.
- 47:42RSI is saying we're overbought. We have
- 47:44to we have to short it.
- 48:06ES is at all time high.
- 48:17Yeah.
- 48:23Do I look at SMTs? No, I do not.
- 48:28No sir.
- 48:51Do I think ICT is a scam?
- 48:54No.
- 48:59Not at all.
- 49:01Well, do Okay, hold on. Time out. Do I
- 49:04think that Michael J. Huddleston
- 49:09created an algorithm that runs the
- 49:12entire market called the Enigma?
- 49:14Obviously not. Okay.
- 49:18Do I think that he lost the Robins Cup
- 49:21on purpose?
- 49:23Obviously not.
- 49:27Do I think that when he went on stream
- 49:29and he lost a bunch of trades and said
- 49:31it's because the market makers were
- 49:33watching his stream? Do I believe that?
- 49:37Obviously not.
- 49:39But do I have friends who trade ICT
- 49:44concepts that pull a lot of payouts?
- 49:46Absolutely.
- 49:54Look, dude. At the end of the day, if
- 49:56whatever you do makes you money,
- 50:00who cares?
- 50:02If you somehow create some strategy
- 50:05about astrology
- 50:08and
- 50:12oh, it's the month of uh Pisces and the
- 50:15moon is like half uh half crescent. And
- 50:18you know that means that we're going to
- 50:20long it and if that works for you then
- 50:23dude all power to you gee like you know
- 50:27[laughter] I mean
- 50:30I don't know but
- 50:35the thing about ICT is a lot of the
- 50:37concepts are actually uh
- 50:40well first of all not there's nothing
- 50:43that is ICT basically that like the
- 50:46concepts that he teaches are he did not
- 50:48invent them. He did not invent them.
- 50:53He basically repackaged and renamed a
- 50:56bunch of his existing concepts. A lot of
- 50:57it being from auction market theory and
- 51:00a lot of it taken from prior traders
- 51:02beforehand and he just like named it so
- 51:04it sounds like a science. And then
- 51:09he's just a genius marketer. He created
- 51:11a cult. Um
- 51:14it's actually pretty impressive.
- 51:17So, all power to him.
- 51:22Should you quit trading? You're still
- 51:24unprofitable after four years due to not
- 51:27having your emotions in check.
- 51:30You overtrade and have difficulties
- 51:32accepting losses.
- 51:34You haven't had one single payout ever,
- 51:37and you're using ICT concepts.
- 51:44Um,
- 51:45look, dude. Like,
- 51:48should you quit trading? No. I would
- 51:51never tell somebody that. But
- 51:55like,
- 51:59let's let's be real. Are you not
- 52:01disgusted with yourself that you just
- 52:03can't have any self-control? Like, like,
- 52:05let's be on a real note here. You've
- 52:07been doing this for four years. Yes,
- 52:10we're dealing with money and emotions,
- 52:11but like
- 52:14can you not just control yourself?
- 52:19There's a with the difficulty of
- 52:21accepting losses. You do realize what
- 52:24we're doing. We're we're operating in a
- 52:26probabilistic environment where losses
- 52:28are going to be a part.
- 52:31It's going to be a part of the game.
- 52:33Now, there's a difference between good
- 52:35losses and bad losses,
- 52:37but if you can't like accept having a
- 52:39loss
- 52:41and you need to be right every single
- 52:43time, well, you need to you need to
- 52:45change your mindset on that. And chances
- 52:48are, if I had to guess, if you're still
- 52:50unprofitable after four years and your
- 52:53issues that you just mentioned are
- 52:55overtrading and having difficulty
- 52:57accepting losses, your main focus and
- 53:00main priority is just dollar amounts
- 53:02every single day. It's got to be. So,
- 53:08what you should do
- 53:10is if I had to if I were to give you
- 53:13advice, okay, and you could take it or
- 53:15leave it. If you have a problem with
- 53:18focusing so much on the money, obviously
- 53:20I I understand we all trade because we
- 53:22want to make money, but like how do you
- 53:25actually make money trading? Well, you
- 53:26have to trade well in a in a you got to
- 53:29have proper execution. you should
- 53:32probably size down
- 53:34to like one micro
- 53:37to the point where it feels almost like
- 53:40a waste of time to you because in your
- 53:42head you're thinking I need to make
- 53:43money. I got to make money blah blah
- 53:45blah blah. You size down to one micro
- 53:48and all you do is you can't focus on
- 53:51money at that point because you're going
- 53:52to be like making uh
- 53:56nothing. So,
- 53:59you have to focus on the execution.
- 54:03But if you can't control yourself, look
- 54:04for anybody in here,
- 54:07if you can't control yourself, you're
- 54:08doomed. You're screwed.
- 54:18If you can't if you can't pull a payout,
- 54:20bro, you should not pull you should not
- 54:22trade your own capital. Absolutely not.
- 54:26That would be pouring fuel on a fire.
- 54:41Yo, did somebody just post something
- 54:42crazy in the chat?
- 54:49Anybody? Anybody who posts anything
- 54:52crazy in the chat? Anything that's not
- 54:56chill in terms of a picture, you're
- 55:00instantly getting banned. [laughter]
- 55:03You're instantly gonna get banned.
- 55:07I don't care who it is, you're getting
- 55:09banned.
- 55:15Wait, you've been trading for four years
- 55:17and you lost and you lost 1K in prop and
- 55:20own capital.
- 55:23That's not bad.
- 55:33It's not bad, honestly.
- 55:38That means that you actually hold on to
- 55:40accounts
- 55:43or you Yeah, it means you there's no way
- 55:46that means you've had 10 basically 10
- 55:49prop firm accounts over the court. 10 to
- 55:5020 profit accounts over the course of
- 55:53four years. It's kind of impressive
- 55:56if you're holding on to them.
- 55:59[snorts]
- 56:11All right. I'm not going to trade this,
- 56:12guys. I'm not even going to trade all my
- 56:14evals. I'm just gonna It's going to do
- 56:17whatever it wants to do. So,
- 56:30you know, someone who's had the e had an
- 56:32eval for the same year. Okay. Okay. But
- 56:39sure,
- 56:41like they didn't blow it.
- 56:45But let's do some math really quick.
- 56:47Let's say it's a topstep account.
- 56:52They have paid $600
- 56:55for a 50k eval.
- 56:59[laughter]
- 57:03Oh, brother.
- 57:05At that point, like just do something,
- 57:07you know? Just
- 57:11just just click a button.
- 57:15You're just wasting money at that point.
- 57:16You're just like you just have a a
- 57:18monthly subscription to watch the market
- 57:20move around.
- 57:23Oh, it's Forex, so it's no rebuild.
- 57:25Okay.
- 57:27Well,
- 57:32I understand being scared or whatever,
- 57:34but let's be real. Like, what are we
- 57:36doing every single day? We're just we if
- 57:39you're on the West Coast, you're waking
- 57:41up before normal people even brush their
- 57:44teeth and eat breakfast to go to their 9
- 57:46to5 and we're throwing thousands of
- 57:47dollars around on the table. Like
- 57:51how how can you expect to do that and
- 57:55and be scared? You know what I mean? You
- 57:56got to just
- 57:59got to have some
- 58:02Gotta have some nuts. Gotta have some
- 58:04nuts, homie. You got to just risk it.
- 58:09in a in a non-reckless way.
- 58:23But if you can't
- 58:26if you can't get yourself to be okay
- 58:28with losing money, well, let me tell you
- 58:30something that's going to hurt your
- 58:31little heart.
- 58:33Trading is not for you. I'm sorry. It's
- 58:35not
- 58:38like what do you expect?
- 58:43[laughter]
- 58:46You got to be willing to lose.
- 58:51Or you know what? If you're not willing
- 58:53to lose, it's okay.
- 58:56Just go clock in. Go clock in. Get a
- 58:59guaranteed paycheck and just enjoy your
- 59:02life. You know, enjoy your life. you
- 59:04know, build a family, experience stuff.
- 59:06You know, you don't have to trade.
- 59:09Trading is really difficult to do
- 59:10actually consistently
- 59:12as we all know.
- 59:29Thrax is a part-time philosopher. Yeah.
- 59:31The reverse psychology
- 59:39How Jewish am I?
- 59:42Uh, I'm Christian. Not Jewish at all,
- 59:46actually.
- 59:47But I have been to a couple bar mitzvah,
- 59:49bot mitzvah,
- 59:51seen my fair share
- 1:00:10tiny hat collection.
- 1:00:14Actually don't have any
- 1:00:17I don't have any tiny hats.
- 1:00:21Am I using Gex levels? Yes, I am
- 1:00:25to a certain extent.
- 1:00:32Dude, this AM session is kind of cooked.
- 1:00:34Honestly, I'm not going to trade it. We
- 1:00:36We could have We could have uh the only
- 1:00:38opportunity honestly would have been
- 1:00:40this. This was pretty nice because we
- 1:00:42were up here. The hourly opened up.
- 1:00:46[clears throat] We immediately retraced
- 1:00:47back towards this area. I was trying to
- 1:00:50see it come closer to 410,
- 1:00:53but we had selling uh aggression getting
- 1:00:55absorbed here. We came down. We started
- 1:00:57getting uh absorbed here again. As we
- 1:01:00started popping back up, you could have
- 1:01:02went long and just targeted for like 60
- 1:01:04points and called it a day. But I
- 1:01:05hesitated on it. It could be happening
- 1:01:08again because now we're seeing what hap
- 1:01:10what's happening now. We see selling
- 1:01:12pressure stepping in.
- 1:01:15They're getting absorbed right here.
- 1:01:17Let's see if it they actually push
- 1:01:20through it.
- 1:01:29Nice carpet. Thanks, bro. It's premium
- 1:01:32carpet.
- 1:01:58the call wall has now moved right here.
- 1:02:06Is this happening again?
- 1:02:12Call dropped again down here.
- 1:02:20Do I make money with YouTube? Yeah, I do
- 1:02:23actually because I just spam you guys
- 1:02:25with ads.
- 1:02:27I really don't make money with YouTube.
- 1:02:30I I actually I'm thinking about stopping
- 1:02:32doing the monetization thing because
- 1:02:34it's just like it's really
- 1:02:38it's like
- 1:02:41I make a hundred bucks, you know what I
- 1:02:43mean? 100 bucks for the month.
- 1:02:49No, you know what? I'm keeping the ads
- 1:02:51on there because it's free content.
- 1:02:52Like, come on. All you got to do is wait
- 1:02:54five seconds and skip an ad. Like, just
- 1:02:56do me a favor, dude. Just skip the ad.
- 1:02:57Like,
- 1:02:59help a brother get a free eval every
- 1:03:01month.
- 1:03:15Do I have my footprint settings
- 1:03:16somewhere? Yes, they're in the Discord.
- 1:03:18You can go in the description, join the
- 1:03:20and um
- 1:03:26it's free. It's in the FAQs as well.
- 1:03:31There's a question in the FAQ that says,
- 1:03:33"Where can I find Thraxis footprint
- 1:03:35settings?" And then there's an answer
- 1:03:37with a bunch of files.
- 1:03:40So, we're seeing selling getting
- 1:03:42absorbed again
- 1:03:47[clears throat]
- 1:03:53this year. How much have I spent to make
- 1:03:55the 58k in payout? It's about like
- 1:03:57$13,000.
- 1:04:04We're not really having that great of a
- 1:04:06year this year. At least not yet. But
- 1:04:08we're we're we're getting there. It's
- 1:04:10just like when that thing when that
- 1:04:11happened in April, so we started off the
- 1:04:13year pretty strong. January was pretty
- 1:04:16good. February was pretty good. March it
- 1:04:19started to get a little shaky. We still
- 1:04:21we still had a decent month in March.
- 1:04:24And then um
- 1:04:28April
- 1:04:30I like was just barely net positive in
- 1:04:33April. And then May was the first month
- 1:04:37in like a year where I basically was net
- 1:04:40negative with the firms.
- 1:04:43I spent like $1,000 or $1,500 on on I
- 1:04:46didn't pull a single payout in May. And
- 1:04:49then um June came around. I pulled some
- 1:04:51payouts. July just happened. I got rug
- 1:04:55pulled on an account that I had a
- 1:04:56balance in right before I was going to
- 1:04:58take a payout on it. But we're still we
- 1:05:00were net positive June and July. And
- 1:05:02then towards the rest of July, my focus
- 1:05:05just went back to building up my funded
- 1:05:07accounts. So
- 1:05:10what ended up happening in July is now I
- 1:05:12have like 10 funded accounts. I'm
- 1:05:13hopefully about to have 16 if I can pass
- 1:05:16these. I need like 600 more. And then if
- 1:05:19we have 16 funded accounts, well then at
- 1:05:21that point we're back into only focusing
- 1:05:23on funded accounts. And then I'm going
- 1:05:24to um
- 1:05:26I'm going to start trying to pick pick
- 1:05:29up the slack from you know the middle of
- 1:05:31the month middle of the from like the
- 1:05:33second quarter.
- 1:05:39So we'll see how it goes. And also this
- 1:05:41year I was kind of focusing on like
- 1:05:43competitions and stuff, you know what I
- 1:05:45mean? Which was kind of distracting.
- 1:05:52Yeah. I I also still get uh lawyer uh
- 1:05:54letters from the the bankruptcy from
- 1:05:56FastTrack Trading.
- 1:06:03Actually, I think they stopped. I think
- 1:06:05they stop. I haven't seen one in a
- 1:06:06while, but they were coming in like once
- 1:06:08a month.
- 1:06:16This thing is just going to grind up
- 1:06:17slowly.
- 1:06:20We're kind of at a It's kind of like a
- 1:06:22key area here
- 1:06:25that I'm watching.
- 1:06:27How long have I been trading for? Well,
- 1:06:29back in
- 1:06:312017 2018, I tried trading forex for
- 1:06:34like a year,
- 1:06:38maybe a year and a half. [clears throat]
- 1:06:40And then between 2020, well, and then I
- 1:06:43started trading crypto from 2018 to
- 1:06:462019. And then I and then I kind of just
- 1:06:48it wasn't really trading. It was kind of
- 1:06:50just like trying to buy low, sell high,
- 1:06:52spot.
- 1:06:54And then I really started trading crypto
- 1:06:56in 2020 to about 2022
- 1:07:01where I I actually made some money doing
- 1:07:03that. That was well it was a bull run
- 1:07:06obviously so you know everybody made
- 1:07:09money but
- 1:07:11and then I started trading futures at
- 1:07:13the end of 2022 but only on paper.
- 1:07:17on Trading View.
- 1:07:20I was on Trading View. I traded MEES. I
- 1:07:22was paper trading. I turned uh $2,000
- 1:07:25paper balance into a $4,000 balance. I
- 1:07:28thought I was the
- 1:07:31I went and bought my first evaluation in
- 1:07:332023.
- 1:07:36I passed it. Thought it was the easiest
- 1:07:38thing in the world. And then I didn't
- 1:07:40pass another eval for like uh eight
- 1:07:43months. And then I passed the eval blew
- 1:07:46the fun on the first day and then it
- 1:07:49was just a year and a half of just pain
- 1:07:57and I built my I dug myself into a long
- 1:07:59hole. So in in total I would say yes it
- 1:08:02kind of was like spaced out but I've
- 1:08:05been like trading in general for like 6
- 1:08:08years but futures specifically
- 1:08:13almost four years now like three and a
- 1:08:15half years.
- 1:08:27All right. All right. You guys want to
- 1:08:28do a giveaway
- 1:08:30for a GoFundMed futures account?
- 1:08:36You guys want to do a giveaway or not?
- 1:08:42Yes. Yes. Okay. So, here's the deal. if
- 1:08:45you guys win.
- 1:08:48Okay, YouTube YouTube chat to the 60
- 1:08:51people sitting in there right now. Um,
- 1:08:54if you want to if you want to
- 1:08:56participate in the giveaway, all you got
- 1:08:57to do is join the Discord, go into the
- 1:09:00um
- 1:09:02description of this live, click on the
- 1:09:04claim your free access,
- 1:09:09and just join the live. Then you have a
- 1:09:11chance. This thing is just continuing
- 1:09:12up.
- 1:09:15It did happen again when we were
- 1:09:17watching this and I said, "Is it
- 1:09:18happening again?" It did happen again. I
- 1:09:21should have just taken it. Um, so join
- 1:09:24the join the Discord. We're going to run
- 1:09:26a giveaway. I'm going to end the live on
- 1:09:28YouTube. We didn't take a single trade
- 1:09:30today, but you know what? It is what it
- 1:09:33is sometimes. I'm not going to sit here
- 1:09:35and destroy my accounts because I didn't
- 1:09:38take a trade. I'll just wait for
- 1:09:39tomorrow. So, see you later, YouTube.
- 1:09:45See you tomorrow.
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