🔴 Live NQ Futures Trading | Order Flow & Prop Firms — Transcript

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1. 2:19Let me see. Yo, YouTube. Can you hear me
2. 2:21now?
3. 2:34All right, cool. YouTube can hear me. We
4. 2:36are good to go. So, anyways, YouTube,
5. 2:39what I was saying was
6. 2:43we were having people front run CPI and
7. 2:45this and whoever tried to straddle that
8. 2:47just got absolutely smoked.
9. 2:49So, what's important though this morning
10. 2:51that I'm watching for is right around
11. 2:53here this 900 and 950 area.
12. 2:55If we actually accept above here like
13. 2:57after the open, I mean, we met
14. 2:59expectations on CPI,
15. 3:02then we can be making a run here at the
16. 3:04monthly cap sitting around the 30,100s.
17. 3:08And it'll be important to see if we
18. 3:09actually hold above it and accept above
19. 3:11it to continue upwards.
20. 3:14Otherwise, if we reject out of that
21. 3:15again, it's going to be pretty bloody.
22. 3:32So, we'll wait to see.
23. 3:38I will say though,
24. 3:43we need a
25. 3:44we've been we've been getting
26. 3:46we've been getting our at well, I don't
27. 3:48know about you guys. I'm getting my ass
28. 3:50handed to me during New York the past
29. 3:51week.
30. 3:53We made up for it during Asia session,
31. 3:55but I wasn't on stream, so
32. 3:57on stream I'm getting been getting my
33. 3:59ass whooped.
34. 4:01>> That ends
35. 4:03today.
36. 4:06>> I hope I knock on wood.
37. 4:09But
38. 4:10yeah, I'm watching this area. So if we
39. 4:12if we open up here
40. 4:14and we make a very solid attempt to push
41. 4:16back lower and we fail
42. 4:19then we're probably headed up here, but
43. 4:23if we do get back below the 900s, this
44. 4:25day to lows becomes uh
45. 4:33the first target.
46. 4:39Uh yeah, we're in a positive gamma
47. 4:40environment today, Sean.
48. 4:45Oh, T-Glicky.
49. 4:47You know, funny story.
50. 4:49Not that funny.
51. 4:51I was watching this happen during Asia
52. 4:54session.
53. 4:55It was really low volume. I mean, it's
54. 4:57pre-CPI, right? And I think Asia session
55. 5:00tonight will probably be pretty decent,
56. 5:01but
57. 5:04I went long
58. 5:05here.
59. 5:08It went up.
60. 5:09I moved it to break even because it was
61. 5:12just doing nothing. We were watching
62. 5:13paint dry.
63. 5:16And then it hit me at break even.
64. 5:18And then it went to where I was trying
65. 5:21to target 750s
66. 5:24for the longs during Asia for like 70
67. 5:26points.
68. 5:32But
69. 5:34it is what it is. It was pretty weak
70. 5:36participation.
71. 5:38Very low volume for yesterday.
72. 5:42And it chopped around a lot.
73. 5:50>> Back with the 250k Freedom Combine.
74. 5:53Yeah, I'm trying to
75. 5:55I'm trying to
76. 5:57pass it.
77. 6:01Although yesterday we couldn't make any
78. 6:03progress on it. We're going to try and
79. 6:04make some progress on it today.
80. 6:06But I do need a trade my funded
81. 6:08accounts. I'm getting distracted here
82. 6:10with this 250k Combine, but
83. 6:17Yeah, who cares, dude? Let's get this
84. 6:18250k Combine.
85. 6:20The fundings can wait.
86. 6:30Although I'm not really liking this pump
87. 6:31pre-market, though.
88. 6:34Pre-open.
89. 7:12Oh yeah, did you guys watch the
90. 7:13interview that that went up? Discord
91. 7:15chat. You watch that interview that went
92. 7:17up
93. 7:18yesterday?
94. 7:26Dude, they did a pretty good job. Shout
95. 7:27out IQ Capital, bro.
96. 7:30They're dope.
97. 7:39Although, you know what's funny? I was
98. 7:41laughing about it.
99. 7:43They they use you know they use the AI
100. 7:45version of me.
101. 7:48>> [gasps]
102. 7:49>> Bro.
103. 7:50I don't know what it is about AI like
104. 7:52when they try and do AI versions of me,
105. 7:54it just makes me look super Asian like
106. 8:02Like I am I am Asian but
107. 8:06but bro
108. 8:13Look.
109. 8:16Look bro. This is so comedy. Hold
110. 8:19on.
111. 8:30Hold on dude.
112. 8:42Brother what?
113. 8:45Does that A A let's be real though. Does
114. 8:47that look like me?
115. 8:51Does that look like me?
116. 8:59No, that's funny. That's funny.
117. 9:03Low key.
118. 9:06It [snorts] is what it is.
119. 9:17No, that's cool. They I think the AI
120. 9:18stuff is cool.
121. 9:20They made me Mandarin.
122. 9:26No, I think it's dope though.
123. 9:28It's better that they do that than
124. 9:32do nothing.
125. 9:42>> Dude, I wonder how many people try to
126. 9:44trade this with their prop firm accounts
127. 9:46with that straddle method and absolutely
128. 9:49got destroyed this morning.
129. 9:59It was it probably funny to watch. You
130. 10:01know damn well right before the open
131. 10:02some guy went like this.
132. 10:04Buy stop.
133. 10:06Sell stop.
134. 10:08Boom, stopped out.
135. 10:12I do not believe in that.
136. 10:15Look, if you're going to trade CPI
137. 10:18have some balls and pick a direction,
138. 10:19brother.
139. 10:23No, I'm just joking, but
140. 10:26whenever I decide to trade CPI, if I do
141. 10:28trade CPI, I I don't straddle it. I just
142. 10:31pick the direction I think it's going to
143. 10:33go, which typically is
144. 10:35is up.
145. 10:38But if it if it's like a weird month
146. 10:41where I think it could be kind of
147. 10:43ugly
148. 10:49then I I just don't trade it.
149. 10:54Yesterday or last month's CPI was pretty
150. 10:56good though. I traded that one.
151. 11:02Who's better, you or YC Trader?
152. 11:05Um I have no idea who that is, but I
153. 11:07assume that they're probably a great
154. 11:08trader, so
155. 11:09I'll just say them. I don't know.
156. 11:16I have no idea who that is.
157. 11:28Yeah, I don't know, Joe. It was a it was
158. 11:29a the weird one.
159. 11:36Oh, Jera says, "You're unprofitable,
160. 11:38buddy."
161. 11:39Okay.
162. 11:44Dope.
163. 11:52So again, for anyone who just joined,
164. 11:53I'm currently paying attention at 950 to
165. 11:55900.
166. 12:03It's like the most important area on um
167. 12:07the map currently for me.
168. 12:43Now, these are 5-minute candles.
169. 12:44Although, I do have a 15-minute chart
170. 12:46up, an hourly chart up.
171. 12:49Um
172. 12:54and a 1-minute chart up.
173. 13:37>> Let's see if we can break past
174. 13:41the 30,100
175. 13:44ceiling. [snorts]
176. 13:49I think after CPI though, it's probably
177. 13:53if we are going to push past it, it have
178. 13:55to probably um
179. 13:59happen post CPI.
180. 14:01>> [clears throat]
181. 14:01>> But we have to see. If that that
182. 14:03scenario of us coming up here
183. 14:07revolves around this right here.
184. 14:19So, if we push down off the open back
185. 14:21into this area, I'm going to be paying
186. 14:22pretty close attention to it.
187. 14:29But if we if we literally just open up
188. 14:31from here and just pump immediately,
189. 14:32there's nothing really that I can do
190. 14:34about that.
191. 16:20>> So, I'm watching if we're going to hold
192. 16:21this or if we're going to start getting
193. 16:23back below it. If we get back below it,
194. 16:24then we're looking for us to come back
195. 16:25towards data lows.
196. 18:42>> So,
197. 18:44looks like it's probably going to
198. 18:45continue
199. 18:46continue lower. We we have some
200. 18:48aggressive buying stepping in right
201. 18:50here, but
202. 18:52we're not seeing the follow through yet.
203. 18:53So, if we start breaking past this area,
204. 18:55we're for sure coming down towards
205. 19:02the the ETH value area,
206. 19:06which is where data lows is sitting.
207. 19:40>> All right, I'm going to go short right
208. 19:41here.
209. 19:45The stop's going to have to be
210. 19:47relatively larger.
211. 20:09Cuz we need to hold below the the 900s.
212. 20:22Dude, what's up with this OG Era guy?
213. 20:24Why are you so Why are you so upset?
214. 20:29Why are you so mad, bro?
215. 20:32All right, it's coming back up.
216. 20:40We bottom ticked it
217. 20:41on the eval.
218. 21:08All right, I think I'm going to switch
219. 21:10over to my funded accounts
220. 21:12this morning.
221. 21:22We'll trade the 250k Freedom Combine
222. 21:25later.
223. 21:42Dude, I've been getting my ass kicked
224. 21:43during New York, though.
225. 21:46But we will make a comeback.
226. 24:53>> [clears throat]
227. 24:57>> Oh
228. 25:13I took the same trade on my live
229. 25:14account, but the stop was wider.
230. 25:29When you start If we start seeing more
231. 25:31follow-through
232. 25:33to the downside, if we get another push,
233. 25:35I am going to have to move it break
234. 25:36even.
235. 25:38Cuz we are
236. 25:39struggling here.
237. 26:16I'm probably going to cut this trade
238. 26:17actually and we'll just wait.
239. 26:26We're seeing a lot of sellers Sellers
240. 26:28getting absorbed down here.
241. 26:31But we are still holding below the 900s,
242. 26:33but it's not getting the follow-through.
243. 26:35And plus, this is my live account. We
244. 26:37already got taken out on that eval, but
245. 26:38this account matters more than that one
246. 26:40because
247. 26:41it's my actual It's my actual money.
248. 27:10>> What do you think of deep effort and
249. 27:12deep trades on deep charts?
250. 27:24I've never used deep effort before.
251. 27:27Actually, I haven't looked into it.
252. 27:35I see people use it though.
253. 27:56As long as we hold below this
254. 28:01this area
255. 28:06we still may be coming lower.
256. 28:24The platform that I'm using is
257. 28:26um ATAS.
258. 28:28And then this is deep charts.
259. 28:32I have both of them.
260. 29:08>> And days since last asked on what
261. 29:11platform I use.
262. 29:12I mean, it doesn't really show it,
263. 29:13right? So, it's a valid question, I get
264. 29:15it. I I guess.
265. 29:58Is there a giveaway today?
266. 30:05Is that all I'm good for nowadays, Blank
267. 30:07Spartan?
268. 30:08Am I just giveaway boy?
269. 30:12No, I'm actually I'm working on
270. 30:13something for us for
271. 30:16I say no. [laughter]
272. 31:23>> We're just kind of stuck here right now.
273. 31:41But this is this is like the most key
274. 31:43area I'm watching this morning for the
275. 31:45entire AM session.
276. 33:58>> [laughter]
277. 34:01>> That's That's funny. Bro said he's a
278. 34:03baritone. I like that.
279. 34:07>> [laughter]
280. 34:10>> So, I got to I got to make sure right
281. 34:12now that we're not about to chop in this
282. 34:13area.
283. 34:15We're seeing aggression happening to the
284. 34:16upside. If we are going to head up
285. 34:18towards 30,100, we do need to hold above
286. 34:20here, but we kind of
287. 34:30I I got to make sure if we end having
288. 34:31failure of buyers up here, it's going to
289. 34:34result in a chop.
290. 35:23We're sitting here right before the um
291. 35:27psychological level of 30,000.
292. 35:35Dang, we got a bunch of people on the
293. 35:36YouTube today. What up?
294. 35:39It's like 150 of you guys.
295. 35:50Uh I personally look at MNQ. Typically
296. 35:53um
297. 35:54when when you're trading, when you're
298. 35:55looking at the tape, and you're looking
299. 35:57at order flow, you should be looking
300. 35:58realistically at NQ.
301. 36:02But
302. 36:05I look at MNQ because
303. 36:07I've stared at this every day for like
304. 36:11almost 3 years.
305. 36:14So, I'm pretty used to it.
306. 36:17And also
307. 36:18um
308. 36:20before A-TaaS had their cross trading
309. 36:23feature where you can look at NQ and
310. 36:25execute on MNQ, I was using their
311. 36:27platform. So, because I was trading MNQ,
312. 36:30I had to look at MNQ.
313. 36:33Unless I wanted to put up other charts
314. 36:35on my screen.
315. 36:41Although, I will say the tape on MNQ is
316. 36:43sometimes noisier, but you learn to
317. 36:45filter it out. This is pretty nasty
318. 36:47right now. This is making me think we're
319. 36:49going to just stay here for a bit.
320. 37:37Deep charts or ATAS? I use both of them.
321. 38:31>> Later, Lucifer.
322. 38:33Interesting [snorts] character.
323. 38:35I use algorithmic data feed.
324. 38:44I'm going to wait for the 4-hour candle
325. 38:46open here because I'm trying to see if
326. 38:48we're actually going to get pushed out
327. 38:49of this area.
328. 39:28Uh futures specifically
329. 39:30NeelaX for futures.
330. 39:34Almost 4 years.
331. 41:01>> So, this is going to be a pretty good
332. 41:02close for the downside for the hourly.
333. 42:05You go aggressive on evaluation, say on
334. 42:07a 50k account, how much do you risk per
335. 42:09trade knowing you have just 2k? Well, it
336. 42:11depends.
337. 42:13It depends if I already have funded
338. 42:15accounts.
339. 42:17I'm usually trying to pass evaluations
340. 42:19and
341. 42:21um
342. 42:22two or three trades.
343. 42:35So, what am I looking for when we're
344. 42:36doing this? Well, first of all, I don't
345. 42:38want to trade this
346. 42:41because we're having failure on both
347. 42:42ends. So, we're basically just chopping
348. 42:44up here, but I'm waiting for uh
349. 42:47the 4-hour open to see if it's going to
350. 42:49push us out of here or not.
351. 43:01Said range charts are very better than
352. 43:03candlestick. Big players don't care
353. 43:05about time. They follow price and charts
354. 43:07range shows up the real flow improvement
355. 43:10with times and sales book map.
356. 43:12Yeah, I understand range charts, but
357. 43:17I don't use them.
358. 44:03Dude, Asia session this week has been
359. 44:05like
360. 44:07saving my accounts.
361. 44:10Seems like majority of the week this
362. 44:12week we've been not really getting a lot
363. 44:14of follow-through during New York or we
364. 44:16get a quick move and then it just ends
365. 44:18up balancing out.
366. 44:22So we have that we have the 4-hour open
367. 44:24right now.
368. 44:26Previous hourly closed.
369. 44:29But
370. 44:31we're still in this area.
371. 44:37We'll see if we can actually get pushed
372. 44:38out of here.
373. 44:45We're just pinning around the
374. 44:53around this area right now.
375. 45:10Yo, why do why do um
376. 45:14Why do people keep calling me Christ?
377. 45:19My name isn't Christ.
378. 45:28>> [laughter]
379. 45:31>> My name is Chris.
380. 45:32My name is Chris, brother.
381. 45:34My name is Chris.
382. 45:36Christopher.
383. 45:40Definitely not Christ.
384. 45:46>> [snorts]
385. 46:07>> We're looking for us to get below this
386. 46:09uh
387. 46:10>> [clears throat]
388. 46:11>> this level and have some follow-through
389. 46:12to the downside, but we ended up kind of
390. 46:14just pinning here around this
391. 46:16um
392. 46:19900 level.
393. 46:22For Tanuki trades, it's where we have a
394. 46:24large positive gamma cluster sitting.
395. 47:32Which car you have?
396. 47:36Uh a um
397. 47:39a PT Cruiser.
398. 47:41>> [laughter]
399. 47:45>> A uh a bug a Beetle a What's that
400. 47:48called? A Volkswagen Bug.
401. 47:51Convertible.
402. 47:54>> [laughter]
403. 48:07>> A A convertible bug. We drop the top, we
404. 48:11go down, we drive down uh
405. 48:13Yeah, we put eyelashes on the
406. 48:15headlights.
407. 48:18Girls love it.
408. 48:36Dude, I haven't been able to really
409. 48:37trade some of my funded accounts in a
410. 48:39couple days.
411. 48:46Well, that's not true cuz I traded them
412. 48:47during Asia the other day, but
413. 48:50at least during New York session.
414. 50:23>> [snorts]
415. 50:28>> Are using zero DTE data, yes.
416. 50:31It changes as soon as the market opens,
417. 50:33yes.
418. 50:38It's adjusting constantly, especially as
419. 50:40you get closer to expiration.
420. 51:18This is pretty gross this morning.
421. 52:07>> Yeah, if we're going to get stuck in
422. 52:09here, then we're probably going to we
423. 52:10might get a nice move during the PM
424. 52:12session.
425. 52:33Although, I'm probably going to
426. 52:36probably going to trade Asia session
427. 52:38today, though.
428. 52:39We're going to do this right now.
429. 52:42Depending on how how the cash session uh
430. 52:47ends up forming.
431. 52:57Stay up for the overnight? No, no way.
432. 53:16Why do you use deep charts and ATAS?
433. 53:19It's essentially the same thing.
434. 53:21Uh yeah, they're pretty similar.
435. 53:26I'm really testing it out. Well, here's
436. 53:28the thing.
437. 53:29To test out deep charts,
438. 53:31you kind of had to buy 3 months of it,
439. 53:33so
440. 53:36here we are.
441. 53:37You know what I mean?
442. 53:39Here we Here we are. We got both of
443. 53:40them. The The way that you can
444. 53:43execute [clears throat] trades on
445. 53:47ATAS is actually or on deep charts is
446. 53:49really nice.
447. 53:50Um especially because a lot of the times
448. 53:52I like to add into winning positions.
449. 53:54So,
450. 53:55the way that you can add in stop stop
451. 53:57orders is uh
452. 54:00is great.
453. 54:02I love it.
454. 54:07You know, eventually one of the you
455. 54:08know, I'll probably um
456. 54:16I'll probably
457. 54:20This is gross. I'll probably consolidate
458. 54:22my workspace into a single platform, but
459. 54:25you know, I I have both of them, so
460. 54:26might as well just use them, you know.
461. 54:41Is bond dude?
462. 54:45Uh
463. 54:46I'm looking at So, I know you guys see
464. 54:48it on my screen, but I'm looking at
465. 54:50something over here that's updating like
466. 54:51every
467. 54:52few seconds.
468. 54:57This is delayed. This indicator is
469. 54:59delayed, but it it only this only
470. 55:01changes like five times during the day.
471. 55:06I think it's every 2 minutes it adjusts
472. 55:08on um
473. 55:09every minute or two it adjusts on the
474. 55:11web platform.
475. 55:18Do I stream Asia sessions? No, I do not.
476. 55:24But I usually kick it in the voice chat.
477. 55:25Yep. I'm usually in the Discord.
478. 55:55>> So honestly, I'm probably going to give
479. 55:57it like another 20 minutes. If we stay
480. 55:59in here, I'll probably just have to call
481. 56:00it a day
482. 56:02and not trade the fundeds. Not trade the
483. 56:05fundeds.
484. 56:06Take a break even on the live.
485. 56:08And then take that loss on the eval.
486. 56:20Unless we move out of here.
487. 56:22But
488. 57:35>> Ricky, let me see what you're talking
489. 57:36about.
490. 57:39You're pointing at 681.
491. 58:00Mini or micro? I usually trade micros,
492. 58:02but it depends.
493. 58:06Sometimes I'll trade a mini.
494. 58:09But usually micros.
495. 58:17Yeah, they're pretty close.
496. 58:53What platform do you use to trade?
497. 58:57Maybe I should just put it on the
498. 58:58stream.
499. 59:00Maybe I Maybe I I
500. 59:03Maybe I should just put it on the
501. 59:03stream.
502. 59:06So you guys can all see it.
503. 59:31>> Long short.
504. 59:33Question mark.
505. 59:44I don't know. I'm not I'm not I'm not
506. 59:45going to trade this right here.
507. 59:49I'm trying to see
508. 59:51if we're going to get out of here, but
509. 59:52if we don't
510. 59:54then
511. 59:59Um
512. 1:00:00yeah, this is not good.
513. 1:00:04So, like this is like where uh
514. 1:00:11I would get wrecked, right? I mean, we
515. 1:00:12tried to go for a continuation lower.
516. 1:00:15We ended up
517. 1:00:18it ended up not continuing, right? And
518. 1:00:19then we just began chopping. So, like
519. 1:00:21it's not a good idea to try and
520. 1:00:24do it again.
521. 1:00:26Especially when we're doing this right
522. 1:00:27now.
523. 1:00:29Otherwise, like what are you going to
524. 1:00:30do, right? Are you going to wait for us
525. 1:00:32to start coming back to the extreme here
526. 1:00:34and then try and go short? Are you going
527. 1:00:36to wait for us to
528. 1:00:38come back up here and then try and go
529. 1:00:40long? I mean, you're playing the you're
530. 1:00:41playing the extremes of a range.
531. 1:00:44>> [snorts]
532. 1:00:44>> I mean, you can try and you can try and
533. 1:00:46fade the extremes, but it's a messy one.
534. 1:00:49It's It's pretty messy.
535. 1:01:16I'll definitely be paying attention to
536. 1:01:17Asia session later today.
537. 1:01:19Around Tokyo open.
538. 1:01:40Yeah, same same Mr. Oakmont.
539. 1:01:44These types of days like couple years
540. 1:01:45ago would absolutely destroy all my
541. 1:01:47accounts.
542. 1:01:54The prop firms love these days.
543. 1:01:57They love these days.
544. 1:02:09Think about how many poor souls are just
545. 1:02:11getting absolutely wrecked right now.
546. 1:02:18>> [snorts]
547. 1:02:21>> Nicholas, why you keep asking me that?
548. 1:02:23You know I'm not.
549. 1:02:26Oh.
550. 1:02:27Yeah, no, you know I'm not.
551. 1:02:35Yeah.
552. 1:02:39Uh wavy.
553. 1:02:41Yeah, they're fine.
554. 1:02:53You just got to read the rules.
555. 1:03:06Yeah, you can go on payout junction and
556. 1:03:07you can verify it.
557. 1:03:21>> How much did it took you to become
558. 1:03:23profitable? Took me a while and I when I
559. 1:03:25was losing money, I dug myself into a
560. 1:03:28pretty big hole that took a while to get
561. 1:03:30out of.
562. 1:03:37Dug myself into a hole trading stuff
563. 1:03:39like this.
564. 1:03:54When you say a while, how long?
565. 1:03:58Well,
566. 1:04:04I I dug that hole for for futures
567. 1:04:08specifically. So, just know that before
568. 1:04:09I traded futures, I traded Forex and
569. 1:04:12then I
570. 1:04:14um
571. 1:04:15I traded crypto for a while.
572. 1:04:21And then switched from trying to trade
573. 1:04:23crypto to just like holding it
574. 1:04:24long-term.
575. 1:04:26Which obviously isn't working out right
576. 1:04:28now.
577. 1:04:29>> [laughter]
578. 1:04:29>> But um
579. 1:04:31and then I went into futures for futures
580. 1:04:33specifically with prop firms.
581. 1:04:37About a year It took me about a year and
582. 1:04:39a half
583. 1:04:41to
584. 1:04:42get my first payout, honestly.
585. 1:04:47Took like a year and a half.
586. 1:04:51And during that year and a half, I dug
587. 1:04:53myself into like a
588. 1:04:55like a 50K hole. You know what I mean?
589. 1:04:5950K of my own money.
590. 1:05:02It was pretty brutal.
591. 1:05:07And then
592. 1:05:09um
593. 1:05:09you know, once I stopped being an idiot,
594. 1:05:13like now I've been trading futures
595. 1:05:15almost for
596. 1:05:16uh basically 4 years at this point.
597. 1:05:19Um
598. 1:05:20to get out of the hole,
599. 1:05:23that probably took me like another year
600. 1:05:26to to get out of the 50k hole.
601. 1:05:35Maybe a little bit longer than a year.
602. 1:05:47Ever been in debt before actually
603. 1:05:49profit? Yeah, that's exactly what we're
604. 1:05:50talking about.
605. 1:06:04But the cool thing about trading though
606. 1:06:05is um
607. 1:06:07it's not linear. You know what I mean?
608. 1:06:13Like you can
609. 1:06:14especially with prop firms,
610. 1:06:17bro, cuz you can make back like
611. 1:06:22a lot of those
612. 1:06:24losses that took years to accumulate,
613. 1:06:26you can make it back really fast.
614. 1:06:43But the hardest part about that is not
615. 1:06:44like making it back, but it's
616. 1:06:47maintaining and then
617. 1:06:51and then adjusting when when conditions
618. 1:06:53begin to change.
619. 1:07:02It's probably the most important thing
620. 1:07:03is is knowing when to adapt.
621. 1:07:06Because you have to think about it like
622. 1:07:07this, right? The market that we have
623. 1:07:09right now is totally different than what
624. 1:07:11we were looking at under the Biden
625. 1:07:13administration. Totally different.
626. 1:07:16I mean the the volatility in the futures
627. 1:07:18market probably the 3x.
628. 1:07:21The average daily range used to be 200
629. 1:07:23250 points
630. 1:07:26few years ago.
631. 1:07:29Now it's like over 600 points,
632. 1:07:32which is insane.
633. 1:07:35And so you have to
634. 1:07:37change the way
635. 1:07:40you maybe handle risk.
636. 1:07:42You know, you got to you got to just
637. 1:07:43change things. So there's a lot of
638. 1:07:45struggle There's a lot of traders who
639. 1:07:46probably struggled
640. 1:07:49coming into this uh
641. 1:07:52new administration.
642. 1:07:56Then you got to just adapt to it.
643. 1:07:58Otherwise, like you're
644. 1:08:01you're just screwed.
645. 1:08:07It's not going to be like this forever.
646. 1:08:08It'll probably change again. You know,
647. 1:08:10who knows?
648. 1:08:12Who knows what can happen?
649. 1:08:15Especially under this administration.
650. 1:08:17Anything, your guess is as good as mine
651. 1:08:20at this point.
652. 1:08:31GGG Gaming
653. 1:08:34You said that you borrowed money, you're
654. 1:08:36down bad.
655. 1:08:39You're working every day to pay it back.
656. 1:08:43And this debt also makes you take things
657. 1:08:45seriously, and that's the good part.
658. 1:08:47Okay, but
659. 1:08:50that's good, but
660. 1:08:53you just got to make sure that if you're
661. 1:08:55in that hole, right?
662. 1:08:58That you're not um
663. 1:09:03you're not trading out of desperation.
664. 1:09:04So, it's like this, right? Let's say
665. 1:09:06you're you're you're deep in debt, and
666. 1:09:08in your head, the way that you're going
667. 1:09:09to get out of debt is through trading
668. 1:09:12trading.
669. 1:09:13And then here we are doing this, right?
670. 1:09:15Well, that type of mindset will probably
671. 1:09:16cause you to try and force something in
672. 1:09:18here because you're thinking to yourself
673. 1:09:19like
674. 1:09:21I got to make money.
675. 1:09:23I got to make money. Oh, you know, we're
676. 1:09:24chopping, then I'll just
677. 1:09:26I'll just play the extremes of the chop.
678. 1:09:27You know, it
679. 1:09:28it's just
680. 1:09:30I'mma be real with you guys.
681. 1:09:33And I'm going to say this because I did
682. 1:09:35it.
683. 1:09:36Trading
684. 1:09:40Trading is probably the worst business
685. 1:09:45model
686. 1:09:46that you can do when you're broke.
687. 1:09:49Because at that point, a lot of the
688. 1:09:50times you're trading out of desperation.
689. 1:09:52It's probably one of the worst
690. 1:09:55things that you can do.
691. 1:09:57You are better off a lot of the times.
692. 1:10:01And being dude, being a full-time trader
693. 1:10:03is
694. 1:10:05is
695. 1:10:06stressful.
696. 1:10:09You know, you got to have a cushion of
697. 1:10:10cash. Otherwise, like imagine if you're
698. 1:10:12sitting here, it's the it's the 12th of
699. 1:10:14the month, and you need to make rent
700. 1:10:16money, and here we are doing this. Like
701. 1:10:21Good luck, dude.
702. 1:10:33All right, let's see if this is I'm
703. 1:10:34going to I'm going to see if we start
704. 1:10:36pushing here, but if we don't, and we
705. 1:10:38have another failure back into the chop,
706. 1:10:40I'll probably just call it a day.
707. 1:10:43And we will come back tomorrow.
708. 1:10:50Also,
709. 1:10:52if you're new
710. 1:10:55if you're
711. 1:10:58If you're new to
712. 1:11:03what we do here, we got like 150 people
713. 1:11:05on YouTube.
714. 1:11:07You guys should join the Discord. It's
715. 1:11:08free.
716. 1:11:09Join the Discord. It's free. There's
717. 1:11:11less of a delay. We get We do giveaways.
718. 1:11:16We've given away
719. 1:11:18a lot of accounts.
720. 1:11:20Um
721. 1:11:21usually we do a giveaway every single
722. 1:11:23day.
723. 1:11:25So, if you want to participate in that
724. 1:11:26and you want to win a free account,
725. 1:11:27well, guess what?
726. 1:11:29All you got to do is just join the free
727. 1:11:33community.
728. 1:11:34What a nice guy.
729. 1:11:39Although, I'mma be real you guys, we're
730. 1:11:41kind of in this area right now where I'm
731. 1:11:43about to get more accounts to give away.
732. 1:11:46I'm working on something that uh we're
733. 1:11:49probably going to get a bunch of
734. 1:11:50accounts, but
735. 1:11:52I probably can't run a giveaway today.
736. 1:11:54So, now that I say that,
737. 1:11:57if you've been waiting around here
738. 1:11:58watching this chop just like hoping you
739. 1:12:00I'm going to give an account away today,
740. 1:12:01sorry. So, it's all right Paige, you can
741. 1:12:04leave. Yep, there we go.
742. 1:12:07>> [laughter]
743. 1:12:10>> No, yeah. I mean,
744. 1:12:13you got to imagine if I give an account
745. 1:12:14if I give one account at least one
746. 1:12:16account away every day. I mean, that's
747. 1:12:1720 That's 20 accounts a month I'm giving
748. 1:12:19away, right?
749. 1:12:23But,
750. 1:12:26we may be put into a situation soon
751. 1:12:29where we can give away like two accounts
752. 1:12:31a day. How about that?
753. 1:12:50Yo, I know you guys probably saw that,
754. 1:12:52um,
755. 1:12:54I know you guys probably saw that
756. 1:12:57that IQ Capital interview. Just so you
757. 1:12:59guys know, IQ Capital is also a prop
758. 1:13:01firm,
759. 1:13:03um,
760. 1:13:03and their accounts are actually pretty
761. 1:13:05interesting. I have one right now.
762. 1:13:07I bought one.
763. 1:13:09I passed it. I have the funded account
764. 1:13:12for it.
765. 1:13:13Um, I'm just testing it out first before
766. 1:13:16I like
767. 1:13:17really tell you guys about it like that.
768. 1:13:20But what's interesting about it is that
769. 1:13:23there, um,
770. 1:13:25for IQ Capital, it's like for their
771. 1:13:27100K, right? It's a 6K profit target.
772. 1:13:30It's a 6K drawdown.
773. 1:13:33And
774. 1:13:35they have a rule where it's basically a
775. 1:13:37position loss.
776. 1:13:39So,
777. 1:13:42on the on the eval, their rule is
778. 1:13:45basically you just can't have a losing
779. 1:13:47trade that's more than a thousand bucks.
780. 1:13:52You get you get two warnings and the
781. 1:13:53third one they take the account.
782. 1:13:56So,
783. 1:13:59it's actually pretty interesting because
784. 1:14:01at that point you have a one-to-one
785. 1:14:05discore, uh, my bad. One I was just
786. 1:14:07reading something. One-to-one
787. 1:14:09profit target to drawdown, which is
788. 1:14:11which is incredible. That the only you
789. 1:14:13will only find that on like 25K
790. 1:14:16accounts, right?
791. 1:14:18So,
792. 1:14:19it is pretty cool.
793. 1:14:22So, and it's one-day pass. So, the other
794. 1:14:24day like I went in the I went into the,
795. 1:14:27uh, 100K account. I bought one. They're
796. 1:14:29pretty cheap.
797. 1:14:30And then, um,
798. 1:14:33I added into a winning position. I just
799. 1:14:35hit the 6K profit target in a single
800. 1:14:37trade and then, um,
801. 1:14:40yeah, 1% positioning on eval and 0.5% on
802. 1:14:44funded. But at that point it's like,
803. 1:14:46okay. Let's say it's a 100k account. The
804. 1:14:4850k is l- slightly different, but the
805. 1:14:51100k account
806. 1:14:52that means that you just can't have a
807. 1:14:54losing trade that's more than $500.
808. 1:14:57I mean, that's fine.
809. 1:14:58Especially if you're somebody who
810. 1:15:01adds into winning positions,
811. 1:15:03that's fine. You know what I mean?
812. 1:15:07You have 6k of drawdown. Now, I will say
813. 1:15:08if you if you go all the way down in
814. 1:15:10drawdown,
815. 1:15:11um
816. 1:15:14it's going to be a tough one to climb
817. 1:15:15out of, but at least they don't just,
818. 1:15:17you know, blow the account. So, I'm
819. 1:15:18testing them out right now. I'm testing
820. 1:15:20[snorts] it out.
821. 1:15:21I kind of like it. I think it's kind of
822. 1:15:23cool.
823. 1:15:26Yeah, Brandon from my Oh, look at this.
824. 1:15:28The book just cleared out.
825. 1:15:30>> [clears throat]
826. 1:15:30>> We're down here now.
827. 1:15:33Ooh. Ooh. Ooh, you see that?
828. 1:15:36What the hell was that?
829. 1:15:45Thousand. And also, shoutout FFN.
830. 1:15:50FFN
831. 1:15:5150% off, buy one get one free, use code
832. 1:15:53Drex.
833. 1:15:54>> [laughter]
834. 1:15:55>> No, FFN's dope.
835. 1:15:58The first firm I ever traded with.
836. 1:16:03Dude, this is crazy right here. This is
837. 1:16:04disgusting.
838. 1:16:07>> [snorts]
839. 1:16:15>> Yo, who's who What did Yeah, what did
840. 1:16:17Trump say? Who who's paying 100 grand
841. 1:16:19for the for the faster access? What's
842. 1:16:21going on?
843. 1:16:27Need them fees. Actually, just so you
844. 1:16:30guys know, when I say that and I say use
845. 1:16:32code Drex,
846. 1:16:34I do not care about the affiliate money,
847. 1:16:36to be completely honest with you.
848. 1:16:38What I care about is that they keep
849. 1:16:41giving us accounts to give away to the
850. 1:16:42community. I mean, I I I would hope you
851. 1:16:44guys care about that, too, but
852. 1:16:47I mean, or we could or we could stop,
853. 1:16:48you know, I could I could stop all this.
854. 1:16:50We could stop giving away free accounts,
855. 1:16:52and then we just don't promote anything.
856. 1:16:54That's fine.
857. 1:16:57US has total control over the Strait of
858. 1:17:00Hormuz. I think we will keep it.
859. 1:17:02What?
860. 1:17:04What?
861. 1:17:06That's funny.
862. 1:17:08Sure, if you say so. I know Paige G, if
863. 1:17:10you guys don't know, Paige G started
864. 1:17:12this whole girl this girls only Discord
865. 1:17:14where her whole purpose of it was just
866. 1:17:16to get affiliate money. It was kind of
867. 1:17:18shady.
868. 1:17:27Yeah, it was kind of shady.
869. 1:17:37And then, you know what's crazy? She
870. 1:17:39took everybody's affiliate money. She
871. 1:17:40took all the affiliate money, and she
872. 1:17:42never gave away a free account.
873. 1:17:45Talk about greedy.
874. 1:17:47And then, she joins she joins these
875. 1:17:48lives just for the free account. She
876. 1:17:49doesn't even like like us.
877. 1:17:59We have this
878. 1:18:00news that pushes us down like this, and
879. 1:18:03we immediately snap right back to where
880. 1:18:05we were
881. 1:18:07right before this.
882. 1:18:10Honestly,
883. 1:18:11>> [clears throat]
884. 1:18:11>> everybody in favor of uh let's just not
885. 1:18:15trade this, say I.
886. 1:18:17I.
887. 1:18:19>> [laughter]
888. 1:18:22>> I.
889. 1:18:24So, okay, we'll do a bit of a recap. So,
890. 1:18:27basically, I'm watching 950 to 900.
891. 1:18:32In my head, I'm thinking it's the most
892. 1:18:33important area on the map today for the
893. 1:18:37the AM session.
894. 1:18:39Once we begin to push down and we saw us
895. 1:18:41push up and buyers were failing to
896. 1:18:44reclaim this area and we started
897. 1:18:45flipping back to the downside, I did go
898. 1:18:47short. I went short. I was expecting a
899. 1:18:49little bit more momentum. We stopped on
900. 1:18:52a dime and I basically
901. 1:18:55bottom ticked it, right? We were able to
902. 1:18:57get out uh break even on the live
903. 1:19:00account. I ended up taking a $1,000 L on
904. 1:19:03that combine the the freedom combine.
905. 1:19:06And then after that we just chop chop
906. 1:19:07chop chop chop chop. So,
907. 1:19:11well, I'm not going to trade this
908. 1:19:13anymore.
909. 1:19:17Damn, you bottom ticked that.
910. 1:19:21He bottom ticked the Trump candle.
911. 1:19:23Very nice.
912. 1:19:27>> [laughter]
913. 1:19:29[gasps]
914. 1:19:29>> All right, I'll probably get off.
915. 1:19:31But I'll I'll I'll be back on tomorrow.
916. 1:19:33Hopefully we have a better day tomorrow.
917. 1:19:35I am going to trade Asia session though.
918. 1:19:37So, sorry there's no account I can give
919. 1:19:39away today, but
920. 1:19:41we'll we'll we'll pick up on the
921. 1:19:43giveaways later on. I just got to get
922. 1:19:45more accounts for you guys.
923. 1:19:48I'll talk to you guys later.