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๐Ÿ”ด Live NQ Futures Trading | Order Flow & Prop Firms โ€” Transcript

by Christopher Creamer | Orderflow Trader ยท 6,917 words ยท 1,165 segments ยท language en ยท Watch on YouTube

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  1. 0:12Yo
  2. 0:20yo.
  3. 0:29Another
  4. 0:46day.
  5. 0:48Hopefully not another chop.
  6. 0:50Asia or Asia session has been
  7. 0:55saving me.
  8. 0:57New York session has been kicking my ass
  9. 0:59past like
  10. 1:01I don't know
  11. 1:04four or five sessions honestly.
  12. 1:07But today we got our hands
  13. 1:11on a 250k freedom combine
  14. 1:15[laughter]
  15. 1:16with top step.
  16. 1:19So we're going to see how that goes.
  17. 1:24We got to we got to pass it.
  18. 1:38250k freedom combine.
  19. 1:42Dude, they're pretty expensive, but
  20. 1:52we got it anyways.
  21. 1:56We just got to be kind of careful. We
  22. 1:57can't really fullport it.
  23. 2:01Well, we could full port it, but that
  24. 2:03would be dangerous thing to do.
  25. 2:12I do need to trade uh some of my funded
  26. 2:16today, but I do want I do want to trade
  27. 2:18this combine.
  28. 2:22We'll see how it goes.
  29. 2:25Although this morning,
  30. 2:29no news this morning. F uh CPI tomorrow.
  31. 2:41We're kind of balancing out here.
  32. 3:00The goal The goal is to get five 250k
  33. 3:06freedom accounts.
  34. 3:10[laughter]
  35. 3:14It'll cost $2500.
  36. 3:17That'
  37. 3:25be pretty badass though.
  38. 3:2725k payout caps. 25 minis.
  39. 3:3325 minis times five.
  40. 3:38All we need
  41. 3:4120. He hear me out.
  42. 3:4325 minis, 100 points.
  43. 3:48$125,000 payout,
  44. 3:53but you have like 40 ticks until you
  45. 3:56blow the account basically.
  46. 4:00Absolute cinema. Yeah. Now, I saw these
  47. 4:03come out. So, I saw them come out um
  48. 4:10like a couple weeks ago, but then they
  49. 4:12like sold out and you couldn't get them.
  50. 4:14So now they released them again.
  51. 4:18So
  52. 4:21we saw them last night. We bought one.
  53. 4:24We're going to try and uh we're going to
  54. 4:26try and trade it here. It's got a $5,000
  55. 4:30daily loss limit.
  56. 4:34Profit target 50% consistency would be
  57. 4:37$7,500. You know, the the draw down to
  58. 4:40profit target ratio on this account is
  59. 4:42actually pretty good.
  60. 4:44It's a 1.5R. It's basically like uh
  61. 4:48like a like a 50k. It's like they
  62. 4:51slammed basically 550ks into one. Cuz
  63. 4:55usually with other firms it'll be worse,
  64. 4:56right? They'll usually give you like
  65. 4:596500 6,000 in draw down and then a
  66. 5:0315,000 target on a 250k.
  67. 5:06But this one's 10,000.
  68. 5:09Still 15,000.
  69. 5:18Although
  70. 5:20blowing these would kind of suck though.
  71. 5:22I'm not going to lie.
  72. 5:29Well, we're not going to blow. We're
  73. 5:30going to pass it.
  74. 5:34We're going to pass it. Dude, no wonder
  75. 5:36why they they told everybody to stop uh
  76. 5:40you can't trade CPI anymore. Can you
  77. 5:43stack five of them? Yeah, you can. Dude,
  78. 5:46imagine 25 minis on on CPI.
  79. 5:55They had to turn they had they had to
  80. 5:57nerf that. There's no way they would
  81. 5:59allow these accounts and then allow
  82. 6:00that. There's no way.
  83. 6:02No, this is a Topstep account, dude.
  84. 6:04It's a 250k freedom combine. We're going
  85. 6:07to pass it so we can get some freedom.
  86. 6:09We need some freedom from this account.
  87. 6:21So this morning, basically my base case,
  88. 6:24like my my scenario that I'm watching is
  89. 6:28I'm I'm going to be careful about us
  90. 6:30having kind of like a
  91. 6:32rotational session this morning.
  92. 6:37If we end up accepting below here, then
  93. 6:39I'm looking for us to run out overnight
  94. 6:40lows. If we start getting above 910 to
  95. 6:45950, I'm going to be looking for us to
  96. 6:47start making our way back towards the
  97. 6:48month ceiling sitting around 30,100.
  98. 6:55There is a chance though that we could
  99. 6:56potentially rotate in this area between
  100. 6:59950 and 700 area though.
  101. 7:02So,
  102. 7:05I don't have the the um
  103. 7:12the most faith in this session to be
  104. 7:13completely honest with you guys. But
  105. 7:16we caught we caught we caught a move. We
  106. 7:18caught this long down here. I actually
  107. 7:20caught a pretty good long.
  108. 7:22I went long at 687 last night
  109. 7:28and we ended up taking it to uh 790. So,
  110. 7:31we caught like um
  111. 7:37we caught like almost a five R. I took
  112. 7:40this on my live account. Also, I passed
  113. 7:42a an eval with this firm called
  114. 7:46IQ Capital. They got some pretty
  115. 7:49interesting accounts. I got funded with
  116. 7:51them. They have one day pass. So, I just
  117. 7:52uh I bought the account. I passed it
  118. 7:57in one day. It was 100K account. So, I
  119. 7:59made 6K profit on it from those longs.
  120. 8:03We got the funded.
  121. 8:06Probably going to try and trade that
  122. 8:07later. But I also have my other fundeds.
  123. 8:12I'm just torn right now. I I got to
  124. 8:13trade the fundeds, but I also
  125. 8:17I want to trade this 250k combine.
  126. 8:27Although I should probably trade the
  127. 8:28fundeds because we haven't pulled a
  128. 8:30payout in a little bit which is not
  129. 8:32good. But at the end of the day though,
  130. 8:36I've actually been doing pretty well on
  131. 8:37my live account. So I'm chilling. But
  132. 8:41just for the sake of like getting more
  133. 8:44payouts, I probably should.
  134. 8:48So we'll see.
  135. 8:51How can you buy a 250k account? You got
  136. 8:54to I don't you got to go to Topstep
  137. 8:56Labs. Dude, I don't know if I I'm I
  138. 8:59would honestly recommend you guys don't
  139. 9:00buy one of these accounts.
  140. 9:03It's probably the easiest way to lose
  141. 9:05500 bucks,
  142. 9:09but we're going to do we're going to do
  143. 9:10it for the entertainment.
  144. 9:16We're going to do it and pull a 25K
  145. 9:19payout. put 25K in a sub account for for
  146. 9:24a live account
  147. 9:28futures $300 margins on minis
  148. 9:32and we'll just we'll rip next CPI. How
  149. 9:36about that
  150. 9:38on a live account?
  151. 9:42No, I'm just joking.
  152. 9:53About time. Yeah. So, we'll see. We'll
  153. 9:55see what happens today.
  154. 9:58But I'm going to be a little suspicious
  155. 10:01about this morning.
  156. 10:07Try and make some progress on this. In a
  157. 10:10perfect world,
  158. 10:12make a little bit of progress on this
  159. 10:13account. We make a little bit of
  160. 10:15progress on the fundeds
  161. 10:19and then we call it a day.
  162. 10:25Well, we already made some progress on
  163. 10:26one of the fundeds today from that. I I
  164. 10:29took that long last night on three of my
  165. 10:31accounts on my live account on a funded
  166. 10:34account and to pass that EV out.
  167. 10:42So, we're about to we're we're getting
  168. 10:43ready to open up here in two minutes.
  169. 10:45Again, if you guys are just joining, I'm
  170. 10:48essentially watching around 785 and I'm
  171. 10:51watching around 910 and and 950.
  172. 10:56We do have
  173. 11:00we got some friction to the upside, but
  174. 11:02if we're able to break through it, we
  175. 11:04can make another attempt up to, you
  176. 11:06know, the 30,000s, 30,100s.
  177. 11:09It's just um
  178. 11:12I don't think that we're going to have a
  179. 11:14clean like decisive
  180. 11:18acceptance past the monthly ceiling
  181. 11:21until CPI. We might poke our head out of
  182. 11:24it if we push up, but
  183. 11:27but yeah, I'm going to be watching this
  184. 11:29area. So, we'll see. In the event that
  185. 11:37we start to get below here and we hold,
  186. 11:39I'll just look for this to get taken
  187. 11:41out. But
  188. 11:45we'll have to wait and see.
  189. 11:48Got to be a little careful today.
  190. 11:59Am I bullish for CPI?
  191. 12:02As long as they meet expect as long as
  192. 12:04they meet the expect the expected
  193. 12:06numbers or they beat them. I don't think
  194. 12:09they're going to beat them, but if they
  195. 12:11meet it, well, it'll it'll go up
  196. 12:13probably.
  197. 12:15Probably. Not financial advice.
  198. 12:22All right. So just you know just uh
  199. 12:26forewarning here everybody.
  200. 12:30I'm trading an eval.
  201. 12:33So I might be slightly more aggressive
  202. 12:35in the entries that I take. But
  203. 12:39I'm not going to be reckless about it
  204. 12:42because this account's expensive. But
  205. 12:45we'll see.
  206. 12:49No risk.
  207. 12:51No freedom funded.
  208. 12:55Oh, on this account, I'm just I'm
  209. 12:56honestly just going to use uh I'm gonna
  210. 12:58go in on 10 micros, but
  211. 13:03max position sizing will probably be
  212. 13:05$1,000 loss. So,
  213. 13:10if it allows for it, I'll probably add
  214. 13:13into positions. So, we're pushing down
  215. 13:16into 785. We're going to see if we can
  216. 13:19actually hold this
  217. 13:23And if we do
  218. 13:27around the 785, we could probably see us
  219. 13:32try and make an attempt at the 900s.
  220. 14:04Unless we're going to just run this out
  221. 14:06right now.
  222. 15:43So, I'm going to see
  223. 15:53if we're about to snap back up right
  224. 15:55now. if we're going to
  225. 15:58continue this pressure down to the
  226. 15:59overnight lows.
  227. 17:13just open up and straight drop down to
  228. 17:16take overnight lows.
  229. 17:21Hope not.
  230. 18:02So, let's see what happens here with the
  231. 18:04new 5m it.
  232. 18:32But if if we do decide to take longs
  233. 18:34down here, we got to be careful when we
  234. 18:36approach back to
  235. 18:39the 780s. But we just took London lows.
  236. 18:47We're kind of approaching the 700s right
  237. 18:50now.
  238. 18:53We're at the 700. So,
  239. 18:56if we [clears throat] continue down,
  240. 18:59we're probably coming down to like
  241. 19:0329,600 29,580
  242. 19:07area.
  243. 19:17It's just only been selling pressure so
  244. 19:19far. Sorry.
  245. 20:27Yeah.
  246. 20:36Hm.
  247. 21:08There's [snorts] a little bit of buying
  248. 21:09activity, but if it can't follow through
  249. 21:12on what it's trying to do right now,
  250. 21:13we're going to go to Asia lows.
  251. 21:41But yeah, if it just Yeah, here we go.
  252. 21:44If we just go down and take uh Asia
  253. 21:48lows,
  254. 21:50this scenario that I said of getting
  255. 21:52below 785 to take the lows just happens
  256. 21:55without
  257. 21:58an entry.
  258. 22:56Tricky, tricky, tricky.
  259. 23:00You don't necessarily want to buy into
  260. 23:01this right now.
  261. 23:03And then
  262. 23:05just chasing it on the shorts is kind of
  263. 23:07crazy. So,
  264. 24:11Yeah, I fixed the I fixed the delay on
  265. 24:14uh a test. We're good now. We're good
  266. 24:16today.
  267. 25:05If we get a V-shaped recovery,
  268. 25:09if we get back above uh I'm watching as
  269. 25:12we approach here at 785. Um,
  270. 25:17we're going to look to see if buyers can
  271. 25:19actually reclaim it. If they can reclaim
  272. 25:21it, then I'm actually going to look for
  273. 25:23a continuation long
  274. 25:28to then come into the 900s,
  275. 25:32but I would rather wait for us to get
  276. 25:34above it first rather than trying to
  277. 25:36long down here.
  278. 25:38It was just a weird um
  279. 25:45Because if we can't get above here,
  280. 25:47we're probably going to rotate again
  281. 25:48lower
  282. 25:52at least come back here.
  283. 25:56Uh the delay issue. I just waited. It
  284. 25:59was a rhythmic problem.
  285. 26:02So, I just waited and then um
  286. 26:06like shut it shut down the shut it down
  287. 26:09and then turn it back on basically
  288. 26:14later on in the session.
  289. 27:31So new 15 minutes about to open right
  290. 27:33now. That is not looking good for us to
  291. 27:36recover
  292. 27:37785.
  293. 27:41At least not yet.
  294. 28:53All
  295. 29:09right, so let's see what happens after
  296. 29:10we take Asia lows.
  297. 29:14Jeez,
  298. 29:15that was nasty. Look, we see the book
  299. 29:18just disappear.
  300. 29:25That's pretty nasty.
  301. 29:54>> [snorts]
  302. 30:44>> What a day.
  303. 30:48New York A.M. session
  304. 31:46Did anybody catch those shorts?
  305. 31:48Did anybody catch those?
  306. 32:00Very nice.
  307. 32:15Yeah, if he caught those shorts, easy
  308. 32:17day.
  309. 32:19just kind of happened.
  310. 33:54Oh, here we go.
  311. 33:57You see that? I don't know if you guys
  312. 33:58saw that. I'm going to try and take a
  313. 34:01short right here.
  314. 34:03We're going to aim for 580.
  315. 34:10We'll front run it a little bit.
  316. 34:15I'm going to add into it if it continues
  317. 34:17down.
  318. 34:18But the stop is going to be right above
  319. 34:20the five minute um the fivem minute wick
  320. 34:23above.
  321. 34:26And once if we do continue the pressure
  322. 34:29lower, I'll
  323. 34:31tag in this other order, I'm probably
  324. 34:32going to move it to break even.
  325. 34:38Actually need to put a little lower.
  326. 34:47The moon phase is a wanting crescent.
  327. 34:51It means longs.
  328. 35:12Hopefully not. Hopefully the one
  329. 35:13crescent means we continue down to 580.
  330. 35:51All
  331. 36:02right. Well,
  332. 36:05we will wait for the next trade.
  333. 36:10Probably wait for the the 4 hour to open
  334. 36:12up, actually.
  335. 36:22I still think until we start getting
  336. 36:24back up here,
  337. 36:28it's very possible we still continue
  338. 36:29down to uh 580.
  339. 38:36Sean, my boy, it's okay.
  340. 38:40It's not the end of the world.
  341. 38:49It's not that serious.
  342. 38:57Like, yeah, we're stalling out right
  343. 38:58here, but
  344. 39:02we need to
  345. 39:05we need to push through this pretty
  346. 39:06aggressively. Get back up here.
  347. 39:15Is this quan tower? No, it is not.
  348. 39:19In fact,
  349. 39:21it is ATS.
  350. 39:27It is ATS.
  351. 39:38We need this freedom combine to give us
  352. 39:40some freedom.
  353. 39:42We need to pass it.
  354. 39:57long it. Not yet. I would love to take
  355. 40:01some longs though. I would love that,
  356. 40:04but
  357. 40:07we got to wait.
  358. 40:12Um
  359. 40:15I don't know. I just like NQ. We have a
  360. 40:17toxic relationship.
  361. 40:24ES is like
  362. 40:28[laughter]
  363. 40:29I saw a video the other day on on
  364. 40:31Instagram. Someone said ES is like like
  365. 40:35the seven out of 10 who who who never
  366. 40:38gives you any issues and then NQ is like
  367. 40:40the 10 out of 10 but she's batshit
  368. 40:42crazy. [laughter]
  369. 41:27Like right now we're seeing buyers
  370. 41:30attempt to push this back up, right? But
  371. 41:32they're really struggling. Um,
  372. 41:40we would have to start getting back up
  373. 41:42here, like back up here.
  374. 41:47Otherwise, this is just suspicious, you
  375. 41:49know. It's just suspicious.
  376. 41:55Yeah, it's actually Yes, it is in the
  377. 41:57FAQs. It is. This one's called uh new
  378. 42:00thrax or whatever, but I use Atas X. So,
  379. 42:06you got to um
  380. 42:10you got to be using ATS X if you want to
  381. 42:13use it's in the FAQ. It'll l literally
  382. 42:15say ATAS or ATAS X. So, okay. Yeah, if
  383. 42:19you're using Atas X, then this one will
  384. 42:21work.
  385. 42:40Okay, so now we're getting some follow
  386. 42:42through.
  387. 43:24It's looking kind of good for longs.
  388. 43:28So, we're going to give it a shot.
  389. 43:30Although, we're going to have a pretty
  390. 43:32large stop loss. We need it to stay
  391. 43:34above 700 right now. And then once we
  392. 43:38approach uh the 785 area, we got to be a
  393. 43:40little careful.
  394. 43:43But if we could stay above
  395. 43:46700s, we'll probably be okay.
  396. 43:51There's a good closure on the 15minute.
  397. 44:01We're still if if we pump it up, we're
  398. 44:02we're aiming for the 900s.
  399. 44:05It's like full TP. Whoops.
  400. 44:10But we just got to we'll probably be
  401. 44:13careful around um
  402. 44:20once we start pushing up here into uh
  403. 44:24the 785s.
  404. 44:36Although, if we lose this trade, I'll
  405. 44:37probably take this freedom account and
  406. 44:39bench it.
  407. 44:49Actually,
  408. 44:52we'll see what happens. I want to see us
  409. 44:54have like a
  410. 44:58I'm trying to see the numbers light up
  411. 44:59on the ask right here as we head into
  412. 45:01the 780s and then I'll probably trail
  413. 45:04the stop a little bit tighter
  414. 45:16because we just got to make sure that
  415. 45:17this is not about to be the hourly wick
  416. 45:19to the upside before we slam down.
  417. 45:35I'm actually going to move it to break
  418. 45:36even.
  419. 45:47Cuz I do not want to see us do this and
  420. 45:49then bam. Oh, I don't want to see us do
  421. 45:53this and then bam
  422. 46:04because what I can do is if this doesn't
  423. 46:08go here, I might get out break even and
  424. 46:10then if we curl back over and defend the
  425. 46:13700s,
  426. 46:14I might try and take another opportunity
  427. 46:16with a better entry.
  428. 46:25What about the TP?
  429. 46:28The TP is uh well, the the first area of
  430. 46:32friction we're going to run into is
  431. 46:34going to be here. If we push up, we'll
  432. 46:36probably run into some issues here. But
  433. 46:39if we get past it, then we're looking
  434. 46:41for 900s.
  435. 47:19And then if we do get above uh if we
  436. 47:21start accepting back above 785800,
  437. 47:24I'll probably look for a way to try and
  438. 47:26add into this position.
  439. 48:19Whoops.
  440. 49:02You have a buy limit set for 29714.
  441. 49:07That's a decent area.
  442. 49:09That's a fair value gap. Actually,
  443. 49:15an inverse fair value gap. yeah.
  444. 49:24All right. So, we're we're back
  445. 49:25approaching into this area again.
  446. 49:28The only way this is going to continue
  447. 49:30is we need to accept above it. Um,
  448. 49:34obviously, right, but it is an area
  449. 49:36where I'm expecting us to run into a
  450. 49:38little bit of um
  451. 49:40issues potentially.
  452. 49:48You know, we could cover our loss, but
  453. 49:53we're not going to get freedom from this
  454. 49:55freedom account by just covering a loss.
  455. 49:58Although I I will say if we start
  456. 50:00pushing up higher, I am going to trail
  457. 50:02the stop to like get me back to break
  458. 50:04even. But
  459. 50:35Actually, I'll probably trail it to the
  460. 50:37bottom of this uh five minute. See if we
  461. 50:40could punch through this. If not, we'll
  462. 50:42knock down our draw down in half. How
  463. 50:45about that?
  464. 50:56Yeah, it's all right, Sean. I get it.
  465. 50:57Past week uh week or so has been
  466. 51:00slightly frustrating for the AM session.
  467. 51:02Honestly, Asia's been saving me. I've
  468. 51:04been trading my live accounts during
  469. 51:06Asia and they've been cooking. We've
  470. 51:08been cooking on the lives.
  471. 51:25How do you get rid of the heat map on
  472. 51:26the right? Um,
  473. 51:35I don't know how to do it on on ATS X,
  474. 51:38honestly.
  475. 51:42I'm going to be real. I don't know. I
  476. 51:45know that the template has it, so it's
  477. 51:46like stuck there. So, yeah, I have no
  478. 51:49idea.
  479. 51:51Do I stream Asia? No, I do not. I do
  480. 51:54not.
  481. 51:59But how do I trade Asia? Yeah, I know
  482. 52:01you're trying to delete it, but you
  483. 52:02can't. I don't know how to delete it
  484. 52:03either.
  485. 52:08How do you trade Asia?
  486. 52:11Well, I trade it the exact same way that
  487. 52:13I trade New York, except for the fact
  488. 52:15that
  489. 52:17uh you don't use gamma levels.
  490. 52:55No, I do not use gamma levels in Asia or
  491. 52:57London.
  492. 53:00Why would you?
  493. 53:04Mark is closed.
  494. 53:16What do I use? Volume profile,
  495. 53:20value areas, market structure,
  496. 53:24footprint,
  497. 53:26everything. I use the same thing. I I
  498. 53:28trade Asia the exact same way. The only
  499. 53:30thing is just that I don't um
  500. 53:34I just don't use gamma
  501. 53:37which is not a big deal because gamma is
  502. 53:40just one part of a broader framework you
  503. 53:42know.
  504. 53:46Exactly. Blank Spartan. Exactly. Which
  505. 53:49is why I don't get it when people ask me
  506. 53:50that but it's okay.
  507. 53:53[snorts]
  508. 53:57Yes. But ETHO
  509. 54:00using end of day open interest. You're
  510. 54:02you're trying to use options data when
  511. 54:05the market is closed.
  512. 54:08Now, you know, let's say you have some
  513. 54:10type of vendor or provider. Keep in
  514. 54:12mind, guys, you know what I mean? Like
  515. 54:14when you when you have when we when
  516. 54:17we're using um you know, gamma levels,
  517. 54:20let's say, okay, you're going to have
  518. 54:22levels that look like this. they're just
  519. 54:25going to be like all over the place. So,
  520. 54:28if it's going to look like this, then,
  521. 54:30you know, we're bound to have random
  522. 54:33line theory work out where you
  523. 54:34essentially watch price come into some
  524. 54:36random line and then you're like, ah,
  525. 54:38you know, it held, you know, but the
  526. 54:40actual mechanics of it are just not
  527. 54:42there. You know what I mean?
  528. 54:48I mean, I can I can um you know, draw a
  529. 54:51bunch of lines on my chart, you know,
  530. 54:53and then the ones that don't that just
  531. 54:55run through, you know, we don't even
  532. 54:57talk about it. But then the ones that
  533. 54:58just happen to touch it and then turn
  534. 55:00around, we could be like, "Oh, yeah,
  535. 55:02that was a valid level." Well,
  536. 55:05random line theory is a real thing,
  537. 55:09you know?
  538. 55:17random line three. Yeah, that's a new
  539. 55:19strat, bro. Let's just draw a bunch of
  540. 55:20lines on the on the chart
  541. 55:24and then like screenshot it whenever it
  542. 55:27works out. Remove all the other lines.
  543. 55:30Screenshot it and be like, "Look at my
  544. 55:32level. Look at my level." Well, you
  545. 55:35don't even have to do that. You could
  546. 55:36just wait until it reverses and then
  547. 55:41and then you could just
  548. 55:43Yeah, we're running into a problem right
  549. 55:45here.
  550. 55:50Push through it. Come on.
  551. 55:57Come on. AQ. Although right now we're
  552. 56:00basically trying to play a V-shaped
  553. 56:02recovery, which is
  554. 56:05potentially not the brightest idea, but
  555. 56:11V. We're going to Vshape our rec Vshape
  556. 56:13recovery our way to freedom on this
  557. 56:16freedom combine.
  558. 56:18Dude, this account's honestly pretty
  559. 56:19sick, dude. But it's just expensive.
  560. 56:26It's just pretty expensive.
  561. 56:36But yeah, we we were anticipating us to
  562. 56:38run into some issues here. Um,
  563. 56:42if we do end up accepting above it, we
  564. 56:44are green lit.
  565. 56:46We are green lit for a decent trade
  566. 56:48here. Move down your stop. Nah.
  567. 56:54Nah. Because what I what I might do,
  568. 56:57just so you know what my plan is.
  569. 57:00If we if we basically reject out of
  570. 57:03here, there's a pretty good chance we're
  571. 57:06coming down here and then we can look
  572. 57:08for down here. What I'm going to look
  573. 57:12for is a re-entry longs if it makes
  574. 57:14sense to do so. Right right at this uh
  575. 57:18fair value gap. [laughter]
  576. 57:21No, right around 700. 700's a important
  577. 57:24area. We overshot it a little bit, but
  578. 57:29like like 700 to the 650s is an
  579. 57:32important area for me. So like [snorts]
  580. 57:36if we um
  581. 57:38breakaway gap. So then I'll I'll take
  582. 57:41cuz I'm in draw down, right? So I'll
  583. 57:43take uh I'll cut it in half and then
  584. 57:45we'll look for a potential re-entry.
  585. 58:26All right. Now, we're going to wait a
  586. 58:28second.
  587. 58:39So, we're either going to look for us to
  588. 58:41come back towards 700s to look for a
  589. 58:44long or we will wait for us to actually
  590. 58:47accept above 785 and then just look for
  591. 58:50a continuation.
  592. 1:00:19Um,
  593. 1:00:30oh, I see what you're saying. Bowler
  594. 1:00:31Scalp, you're looking at Mentor Q's um,
  595. 1:00:37put support
  596. 1:00:39that was at 750.
  597. 1:01:04Whoa, those are those are dangerous
  598. 1:01:07words there, brother. Look what the
  599. 1:01:08market's h look what look what's
  600. 1:01:09happening with your I told you so.
  601. 1:01:13We'll see. I'm not too pressed about it.
  602. 1:01:16You know, we got to
  603. 1:01:18we got to it's not over until we get
  604. 1:01:22above here.
  605. 1:01:28Cuz guess what? Well, if I would have
  606. 1:01:30moved my stop down instead of making 300
  607. 1:01:33and cutting our draw down in half,
  608. 1:01:37we would still be minus 650. Because
  609. 1:01:40[snorts] if we're going to hold this,
  610. 1:01:42right, and we're going to revisit it
  611. 1:01:44later to try and break it on a second
  612. 1:01:46second attempt,
  613. 1:01:49that's fine. I mean, I didn't have a lot
  614. 1:01:51of room between where I trailed stopped
  615. 1:01:53to where break even would have been.
  616. 1:01:57But if we have this pressure, right,
  617. 1:02:01and it fails here,
  618. 1:02:04well, we can just re-enter the trade
  619. 1:02:06after we get above here. after we get
  620. 1:02:08above here.
  621. 1:02:14I'm just trying to I'm just trying to um
  622. 1:02:24[laughter]
  623. 1:02:25No, it's okay. I'm just messing with
  624. 1:02:27you, Buller Scalp. Yeah, valid. That's a
  625. 1:02:29valid level. Sure. It's showing us it's
  626. 1:02:31a valid level right now. So, it's solid.
  627. 1:02:37But I don't use menthol Q, so I don't
  628. 1:02:40really know where their levels are at
  629. 1:02:42like that.
  630. 1:03:06Yeah, and we're also trying to get back
  631. 1:03:08into yesterday's value area right now
  632. 1:03:11after we just dipped down. So,
  633. 1:03:18just it's an important area, right?
  634. 1:03:20That's why we that's why we marked it
  635. 1:03:22out, you know, and we were saying like,
  636. 1:03:23okay, if we're going to go long, well,
  637. 1:03:26we just have to be careful about this
  638. 1:03:27area.
  639. 1:03:30the the better confirmation for longs is
  640. 1:03:32for us to actually get back above here.
  641. 1:03:34Otherwise, you know, we drop below,
  642. 1:03:38we fail to reclaim
  643. 1:03:41[snorts] and we can actually come all
  644. 1:03:43the way down here or even just keep
  645. 1:03:45running it out. Good.
  646. 1:04:06What we also need to be careful about
  647. 1:04:07though is this. Okay.
  648. 1:04:12Drop, rebalance, balance. I really hope
  649. 1:04:17that doesn't happen this morning.
  650. 1:04:20I really hope that doesn't happen.
  651. 1:04:30Drop, rebalance, balance, PM move. I
  652. 1:04:33hope not.
  653. 1:04:44Yeah, there is a lot of friction to the
  654. 1:04:46upside. I will say if we are looking for
  655. 1:04:48longs,
  656. 1:04:52but
  657. 1:04:54I kind of I kind of like it.
  658. 1:04:57It We have to get above here though
  659. 1:04:59first and then I like it and then I like
  660. 1:05:02it.
  661. 1:05:08What do you think about orderflow and ES
  662. 1:05:11and that of NQ which is reliable? What
  663. 1:05:14do you mean?
  664. 1:05:17They're different assets.
  665. 1:05:30What do you mean which is reliable?
  666. 1:05:45ES absorption mostly holds than NQ from
  667. 1:05:49observation.
  668. 1:05:51Uh I don't know about that. Um but you
  669. 1:05:55know I don't really look at ES so
  670. 1:06:15Depends if you like a seven out of 10 or
  671. 1:06:16a 10 out of 10. Yep.
  672. 1:06:23[laughter]
  673. 1:07:05Bro, are we just going to become Asia
  674. 1:07:07session traders?
  675. 1:07:12New York AM.
  676. 1:07:15Come on, dude.
  677. 1:07:19No, I'm just joking. This is a pretty
  678. 1:07:21good move to the downside. Honestly,
  679. 1:07:23there's just no way for me to get in
  680. 1:07:24unless I just chased it.
  681. 1:07:37Can I live stream in Asia?
  682. 1:07:40I won't. I'm not going to live stream
  683. 1:07:43Asia,
  684. 1:07:46but uh
  685. 1:07:49yeah, Asia session trader.
  686. 1:07:54I usually trade Asia with my live
  687. 1:07:57accounts. Um,
  688. 1:07:59and funded too or Evals or whatever.
  689. 1:08:03But Asia session is a little bit
  690. 1:08:04different, right? Like
  691. 1:08:07like for a New York session, okay, I sit
  692. 1:08:09here, I watch the open, you know, I I
  693. 1:08:12look for us to do something as we
  694. 1:08:14approach lunch hours. Um, I'm usually
  695. 1:08:17done. Asia. If it's a Sunday with like
  696. 1:08:21some type of news that came out, I may
  697. 1:08:24trade CME open. I usually don't trade
  698. 1:08:27CME open. I'll usually trade the 8:00
  699. 1:08:30p.m. EST hourly open
  700. 1:08:34like Tokyo and then the 6:00 p.m. or my
  701. 1:08:38bad uh 900 p.m. EST
  702. 1:08:41hourly open. And if a move doesn't come
  703. 1:08:45from the open of either of those two
  704. 1:08:46candles, then I just don't trade it. So,
  705. 1:08:48it's like
  706. 1:08:52what I can do though, if you guys want,
  707. 1:08:54is
  708. 1:08:58if I decide to trade Asia,
  709. 1:09:02I'll message in the in the Discord what
  710. 1:09:04I'm looking at. But you got to keep in
  711. 1:09:07mind this is like, okay, here I am, New
  712. 1:09:09York session. I'm like sitting here.
  713. 1:09:11We're focused. We're we're talking on
  714. 1:09:13stream. When I'm trading Asia, we're
  715. 1:09:16doom scrolling. and I'm playing Clash of
  716. 1:09:18Clans. I'm doing other stuff. I may
  717. 1:09:20enter a trade that takes an hour to play
  718. 1:09:22out. I might go eat dinner,
  719. 1:09:25you know, like I I just go do other
  720. 1:09:27things. I may manage a position from my
  721. 1:09:29phone or something like if I'm in on top
  722. 1:09:33or whatever. So, it's really not ideal
  723. 1:09:36for me to stream it, but
  724. 1:09:38I'll message in the chat.
  725. 1:09:42Clash Royale. Nah, dude. Clash of Clans.
  726. 1:09:46Clash of Clans. I've been playing that
  727. 1:09:49game since I was I've been playing that
  728. 1:09:51game for like 12 years, actually.
  729. 1:09:56I'm I'm loyal I'm loyal to the game.
  730. 1:10:00I'm loyal to to the Clash. I'm I'm loyal
  731. 1:10:02to the clan.
  732. 1:10:05[laughter]
  733. 1:10:09Loyal to the clan.
  734. 1:10:18Yeah, it takes forever. All my upgrades
  735. 1:10:21take like it takes a long time.
  736. 1:10:25Clash Royale. I've never played Clash
  737. 1:10:27Royale.
  738. 1:10:30Clash of Clans is the only game I have
  739. 1:10:32on my phone
  740. 1:10:35besides um I have another game on my
  741. 1:10:37phone. What is it? Blackjack 21.
  742. 1:10:51Clash Royale is the superior game. I
  743. 1:10:53don't know about that.
  744. 1:10:58You know what? I haven't tried it. Maybe
  745. 1:11:00I'm just hate hating for no reason. Just
  746. 1:11:02a hater.
  747. 1:11:19Well, it's starting to look like we may
  748. 1:11:21just
  749. 1:11:23compress here for a sec. I mean, we're
  750. 1:11:26already kind of doing it, but
  751. 1:11:32I I'm hoping we don't balance out
  752. 1:11:34between 800 and 700.
  753. 1:11:38Dude, I was kind of hyped. I was kind of
  754. 1:11:40hyped to trade this 250k freedom
  755. 1:11:42account. This is actually I've never had
  756. 1:11:44a 250k account because honestly I never
  757. 1:11:46found a reason to.
  758. 1:11:50But
  759. 1:11:54I don't know. Might as well.
  760. 1:11:59Let's get five of them.
  761. 1:12:01Let's get five of them.
  762. 1:12:13like 15 grand profit target seems like a
  763. 1:12:15lot, but it's really not a lot. I mean,
  764. 1:12:16like 100K on that 100K account last
  765. 1:12:20night, I I went in 20 micros, I added
  766. 1:12:2310, added 10, and then we ripped it, you
  767. 1:12:25know? It's like, and then it made six
  768. 1:12:26grand. So, you can do the same thing.
  769. 1:12:29You just
  770. 1:12:32shouldn't be that difficult. Although
  771. 1:12:34you you have to size up. You can't just
  772. 1:12:36like
  773. 1:12:38we're not going to get freedom from only
  774. 1:12:40trading 10 micros on this. Well, we will
  775. 1:12:43once it's funded, but
  776. 1:12:46we got to we got to pass it first.
  777. 1:12:50Uh this is from um Topstep.
  778. 1:12:54Topstep's 250k freedom account.
  779. 1:13:00Okay. Are we going to be able to get
  780. 1:13:01through this?
  781. 1:13:03The new 15 minutes going to open up
  782. 1:13:05here.
  783. 1:13:09Just slam four minis. Why stop at four?
  784. 1:13:12I can do 25.
  785. 1:13:14Why not just go 25?
  786. 1:13:30How different do I trade my live
  787. 1:13:32compared to my funded? Incredibly
  788. 1:13:34different.
  789. 1:13:37The strategy remains the same, but risk
  790. 1:13:39management is way different.
  791. 1:13:42It's way different
  792. 1:13:47on my live account. Usually what I do is
  793. 1:13:49um yeah 250 micros.
  794. 1:13:53That's crazy. On my live account,
  795. 1:13:55usually what I do is I start pretty
  796. 1:13:56small size. Um I usually risk like
  797. 1:14:01maybe a hundred bucks, maybe start with
  798. 1:14:03one or two micros and then I look to add
  799. 1:14:06into um
  800. 1:14:10I look to add into winners a lot
  801. 1:14:14and so the chop continues. So, I add
  802. 1:14:16into winners a lot on my live account.
  803. 1:14:19It depends what the goal is because
  804. 1:14:21sometimes I have um
  805. 1:14:24I have sub accounts with my broker AMP
  806. 1:14:28Futures for different purposes. Like
  807. 1:14:30sometimes
  808. 1:14:32there's like a like I'll have a live
  809. 1:14:34account where, you know, I'm trying to
  810. 1:14:36take uh
  811. 1:14:38take it like sometimes I'll just get a
  812. 1:14:40live account where I'll throw in a
  813. 1:14:41thousand bucks and the goal is just to
  814. 1:14:43flip it in like a couple days.
  815. 1:14:46I actually did that um
  816. 1:14:49recently
  817. 1:14:50because I don't know sometimes when I
  818. 1:14:52need to pay for something sometimes when
  819. 1:14:54I need to pay for something um I'll just
  820. 1:14:57be like you know let's just throw it
  821. 1:14:59into an an amp account and let's make
  822. 1:15:01the money for it real quick and then
  823. 1:15:03pull it out.
  824. 1:15:06So like I'm going to go do something
  825. 1:15:07this weekend with my brother and I'll
  826. 1:15:09probably have to drop like a,000 bucks.
  827. 1:15:10So,
  828. 1:15:12last week on like Thursday, I threw
  829. 1:15:14a,000 bucks into an AMP account and now
  830. 1:15:17it's sitting at $2,500.
  831. 1:15:19So, I'm probably just going to pull it
  832. 1:15:21out. This is one of my sub accounts.
  833. 1:15:25So, with that, you know, obviously I'm
  834. 1:15:27being pretty aggressive when it comes to
  835. 1:15:29risk man risk management, right? And
  836. 1:15:31then there's other accounts that I have,
  837. 1:15:33like for example, let's say I'm doing a
  838. 1:15:34competition with the Robins Cup like I
  839. 1:15:36was last month. Obviously, I'm going to
  840. 1:15:38have to be pretty aggressive with that,
  841. 1:15:40but I have live accounts that I trade
  842. 1:15:42normally, and usually I'm position
  843. 1:15:44building into it. What am I buying with
  844. 1:15:461K?
  845. 1:15:49My brother wanted a lar. So, me and him
  846. 1:15:51are going to go lar. We're gonna go lar
  847. 1:15:53around.
  848. 1:16:01Or like one time like like back in like
  849. 1:16:03I think the end of 2024
  850. 1:16:06I did like a $500 challenge where I was
  851. 1:16:08trying to grow it where I put 500 bucks
  852. 1:16:10in.
  853. 1:16:15I got that one up to 2500 and then
  854. 1:16:17[snorts] I took a I I tilted on
  855. 1:16:21that one.
  856. 1:16:24Live accounts are pretty fun though. But
  857. 1:16:26I will say if if you're not used to
  858. 1:16:27trading a live account [laughter] and
  859. 1:16:29you start trading a live account, you're
  860. 1:16:30going to be all nervous and uh
  861. 1:16:35you'll probably trade like an idiot.
  862. 1:16:38What mindset shift did you had have that
  863. 1:16:41made you start seeing uh results in
  864. 1:16:43trading when you were struggling?
  865. 1:16:46Well,
  866. 1:16:48I used to just
  867. 1:16:51Well, I used to I used to have no
  868. 1:16:52self-control, honestly.
  869. 1:16:54Like, if we're talking about like two,
  870. 1:16:56three years ago,
  871. 1:16:59I probably would be trying to trade this
  872. 1:17:01right now.
  873. 1:17:03And then every single time I lose, I I
  874. 1:17:05size up.
  875. 1:17:10So, um
  876. 1:17:13I just I care way more about how I trade
  877. 1:17:16rather than the result in terms of
  878. 1:17:18dollar amounts now,
  879. 1:17:20which
  880. 1:17:22you know, results of me taking less
  881. 1:17:24trades. Like, I'm sure you guys, you
  882. 1:17:26know, you've noticed that you can
  883. 1:17:28probably go hop on some other guy's live
  884. 1:17:29stream and he's probably taking like a
  885. 1:17:31ton of trades.
  886. 1:17:33I really don't care to take a lot of
  887. 1:17:35trades. I mean, last week there were
  888. 1:17:37days I didn't even take a trade, you
  889. 1:17:38know,
  890. 1:17:42Stratton Oakmont for for my broker. I'm
  891. 1:17:45using AMP AMP Futures. You know what's
  892. 1:17:48dope about AMP Futures? If you wanted to
  893. 1:17:50be a degenerate, not financial advice,
  894. 1:17:52they offer $300 margins on minis for NQ.
  895. 1:17:59Not saying I ever try to take advantage
  896. 1:18:01of that, but
  897. 1:18:04that's crazy.
  898. 1:18:08That is crazy. You can you can literally
  899. 1:18:10throw a,000 bucks in, just wait and slam
  900. 1:18:14two minis on a trade, and then just try
  901. 1:18:16and double your account. Obviously, mo
  902. 1:18:17more often than not, you're probably
  903. 1:18:18going to blow the account, but
  904. 1:18:21uh Ninja Trader, I think it's um
  905. 1:18:26I think it's a $1,000 margins for the
  906. 1:18:29minis. AMP futures, their $300 margin
  907. 1:18:32for minis is crazy. Usually it should be
  908. 1:18:34a thousand for most brokers unless
  909. 1:18:36you're using some some BS broker that's
  910. 1:18:39going to be like, "Oh, for, you know, a
  911. 1:18:41mini you got to for for the the day
  912. 1:18:44margin, like the intraday margin, you
  913. 1:18:46got to use uh 15k.
  914. 1:18:4815k for one mini."
  915. 1:18:51Yeah, right. Get away from me.
  916. 1:19:04>> [snorts]
  917. 1:19:07>> So, we'll sit here for a sec. But you
  918. 1:19:09know what? Um, chances are what this
  919. 1:19:12might be doing right now is, you know,
  920. 1:19:13we're compressing.
  921. 1:19:18We could probably be setting up for a
  922. 1:19:20decent move during uh maybe even lunch
  923. 1:19:23hour,
  924. 1:19:27but we're kind of right here. What I'm
  925. 1:19:30concerned about at this point is us
  926. 1:19:31basically
  927. 1:19:33getting stuck between the 800s
  928. 1:19:38and the 700s.
  929. 1:19:47right around this area.
  930. 1:19:52Schwab, you need 20k for a mini.
  931. 1:19:57I like to bank with Charles Schwab, but
  932. 1:20:01trading with them. Yeah, I don't know
  933. 1:20:03about that.
  934. 1:20:06I don't know about that.
  935. 1:20:09But if you guys ever want to know about
  936. 1:20:11like a solid bank account to get
  937. 1:20:15the Charles Schwab one is fire. They
  938. 1:20:18don't have any physical locations. They
  939. 1:20:20don't have any physical locations. You
  940. 1:20:22just like the cool thing is that they
  941. 1:20:25give you a card, right?
  942. 1:20:28Let me see if I have it.
  943. 1:20:32Bro, you guys want to see something
  944. 1:20:33crazy?
  945. 1:20:37Do you know what that is?
  946. 1:20:43Do you know what that is?
  947. 1:20:47That's the That's the day trading fund
  948. 1:20:49right there.
  949. 1:20:52Hold on. What was on the bottom of that?
  950. 1:20:56Oh, yeah. We're good.
  951. 1:20:59Library cards. Imagine I just linked my
  952. 1:21:03linked I just leaked my uh bank info to
  953. 1:21:06the stream. [laughter]
  954. 1:21:12No, we're good. On the bottom of it was
  955. 1:21:14a card that doesn't matter anymore. But
  956. 1:21:17um the Charles Schwab card, they don't
  957. 1:21:19have any physical location, so you can
  958. 1:21:21basically go to any ATM. It's no fees.
  959. 1:21:24No ATM fees, no um bank fees, no
  960. 1:21:28international fees, nothing. I lost my
  961. 1:21:31um I was in Bangkok and I lost my card
  962. 1:21:35and I called Charles Schwab and I'm like
  963. 1:21:37hey can you guys ship me a card and
  964. 1:21:39they're like where are you? I'm like I'm
  965. 1:21:41in Bangkok.
  966. 1:21:43They're like yeah it'll it'll be there
  967. 1:21:45tomorrow. I was like oh
  968. 1:21:48they're solid.
  969. 1:21:51They're solid. And when I when I'm in
  970. 1:21:54when I'm in this is the dopest thing.
  971. 1:21:56When I'm in a different country, I only
  972. 1:21:58use my Charles Schwab card and their
  973. 1:22:01ATMs will charge you like fees, right?
  974. 1:22:04But basically, every single month,
  975. 1:22:06Charles Schwab will take all the fees
  976. 1:22:07that the ATM charged,
  977. 1:22:10pay it back to you with interest. With
  978. 1:22:14interest for the month. Sick.
  979. 1:22:23Yeah. But I don't, just so you guys
  980. 1:22:24know, not affiliated with that. I just
  981. 1:22:26love their bank. They're cool.
  982. 1:22:31I mean, the interest is not going to be
  983. 1:22:33a lot. I mean, let's let's be real. It's
  984. 1:22:35like it's like some sense, but it's just
  985. 1:22:39kind of cool. It's just kind of cool.
  986. 1:22:51But yeah, anyways, for for Charles
  987. 1:22:52Schwab, no, I wouldn't trade with him,
  988. 1:22:54but
  989. 1:22:57they got a good They got a good debit
  990. 1:22:58card though.
  991. 1:23:09Um, my big trade settings.
  992. 1:23:12There you go.
  993. 1:23:14Cumulative
  994. 1:23:16Minimum volume 300. This is for MNQ
  995. 1:23:35sponsored with them. Nah, no
  996. 1:23:37affiliation. No affiliation with Mr.
  997. 1:23:40Schwab
  998. 1:23:42with Charles.
  999. 1:23:51Bro, this is so lame that New York does
  1000. 1:23:53this. Dude,
  1001. 1:23:56how am I supposed to make 15,000
  1002. 1:23:58profits?
  1003. 1:24:00How am I supposed to make 15K in profits
  1004. 1:24:02with this BS?
  1005. 1:24:06Yeah, I know. Crown. I was I was saying
  1006. 1:24:08the same thing. I mean, my my um
  1007. 1:24:12my outlook this morning, I mean, the ba
  1008. 1:24:14the base expectation was kind of just
  1009. 1:24:16like a rotational session.
  1010. 1:24:19Although, it did overshoot where I
  1011. 1:24:22thought we were going to bottom out, but
  1012. 1:24:24it we just took uh Asia lows and then we
  1013. 1:24:26came back up.
  1014. 1:24:37Oh, well, if you're using NQ, this is
  1015. 1:24:39not going to pop up because I'm using
  1016. 1:24:40MNQ.
  1017. 1:24:51Yeah.
  1018. 1:24:57You know what? Let's start looking
  1019. 1:24:58around, dude. Let's Let's go look at
  1020. 1:25:00some other things here.
  1021. 1:25:03What's lean hog doing?
  1022. 1:25:21What's the cattle futures doing,
  1023. 1:25:30dude? Cattle futures have been booming.
  1024. 1:25:36[sighs and gasps]
  1025. 1:25:39Let's take delivery. Let's Let's trade
  1026. 1:25:41Let's trade the live uh cattle futures,
  1027. 1:25:44but instead of instead [laughter]
  1028. 1:25:46of uh let's just take delivery of the
  1029. 1:25:49cows, bro.
  1030. 1:25:54Gold is actually have has been moving
  1031. 1:25:56pretty nicely looks like past few days.
  1032. 1:26:06I haven't traded gold in a while.
  1033. 1:26:09Probably since like March
  1034. 1:26:29Bro, I don't know if you guys got to
  1035. 1:26:30trade this. This was
  1036. 1:26:34great time. Great time to trade gold.
  1037. 1:26:39CME open. Buy it. Pull back. Buy it
  1038. 1:26:46higher.
  1039. 1:26:50Same with silver. I was trading silver
  1040. 1:26:52during that time, too. That was crazy.
  1041. 1:27:04All
  1042. 1:27:16right, let's see if this 15-minute opens
  1043. 1:27:18up and does anything. If it doesn't do
  1044. 1:27:19anything, I'm just going to call it a
  1045. 1:27:21day, unfortunately. But hopefully we
  1046. 1:27:23start moving a little bit.
  1047. 1:28:39Uh Mike, it should update on the
  1048. 1:28:42dashboard
  1049. 1:28:44on their website.
  1050. 1:29:29Um, I don't know how you're scalping,
  1051. 1:29:30but they definitely have commissions and
  1052. 1:29:32fees.
  1053. 1:29:34How old am I?
  1054. 1:29:3913.
  1055. 1:29:43I actually have school starting next
  1056. 1:29:45week
  1057. 1:29:48going into the seventh grade.
  1058. 1:30:0313 in dog ears.
  1059. 1:30:11In dog ears, I'm like 2 years old.
  1060. 1:30:15Wait, no. No, that would be 14 years
  1061. 1:30:19old, right?
  1062. 1:30:22I'm 26.
  1063. 1:30:25Do you trade in school?
  1064. 1:30:31Yeah. Yes, Ricky. Yes, 100%. They're
  1065. 1:30:36just random.
  1066. 1:30:56See, the thing is is like I'm sitting
  1067. 1:30:58here, okay, and I and I kind of want to
  1068. 1:31:00you just stop trading, but I know the
  1069. 1:31:04moment I get off stream, we're going to
  1070. 1:31:06start moving. This feels like one of
  1071. 1:31:08those days. The moment I shut down the
  1072. 1:31:11stream,
  1073. 1:31:13we're going to go somewhere.
  1074. 1:31:24The market is rigged. So why order flow
  1075. 1:31:27should work though? Rig by who?
  1076. 1:31:33What do you mean?
  1077. 1:31:42Who's rigging it?
  1078. 1:31:59Oh man, it's it's the man.
  1079. 1:32:02The man is [laughter]
  1080. 1:32:08Oh, dude. I love it. I love it. You know
  1081. 1:32:12what? I like that.
  1082. 1:32:15I like that. You know what? It's not my
  1083. 1:32:18fault. It's not my fault.
  1084. 1:32:22There's got to be some There's got to be
  1085. 1:32:24somebody we could blame this on.
  1086. 1:32:30There's got to be somebody we can blame
  1087. 1:32:32this on. I refuse
  1088. 1:32:34to take responsibility for this.
  1089. 1:32:38Tier one and tier 2 institutions.
  1090. 1:32:41Okay. Well, I need to understand what
  1091. 1:32:42your definition of rigged is.
  1092. 1:32:45And if you're asking about order flow,
  1093. 1:32:49it's literally just data. This is
  1094. 1:32:51showing what was executed on the CME
  1095. 1:32:53book,
  1096. 1:32:55right? This for for NQ CME.
  1097. 1:32:59This is showing orders that are sitting
  1098. 1:33:01here. A lot of it's algorithmic.
  1099. 1:33:03A lot of it gets added and canceled out.
  1100. 1:33:05Yes, some of them do get filled.
  1101. 1:33:08Some of them get spoofed. Blah blah blah
  1102. 1:33:10blah blah.
  1103. 1:33:12You know what I mean?
  1104. 1:33:15But
  1105. 1:33:18anybody [clears throat] who believes
  1106. 1:33:19that
  1107. 1:33:24anybody who believes that like
  1108. 1:33:26institutions
  1109. 1:33:29are out here targeting retail traders
  1110. 1:33:31the way that they describe,
  1111. 1:33:34either you haven't been trading that
  1112. 1:33:36long
  1113. 1:33:39or
  1114. 1:33:41you've been brainwashed.
  1115. 1:33:43The easiest thing to do in life for
  1116. 1:33:45anything
  1117. 1:33:47is blame somebody.
  1118. 1:33:58And actually, majority of retail
  1119. 1:34:00nowadays is not even we don't even
  1120. 1:34:02exist. We're playing we're playing in a
  1121. 1:34:05we're just a bunch of paper traders.
  1122. 1:34:08Dirty paper traders. [laughter]
  1123. 1:34:12We're just a bunch of old dirty paper
  1124. 1:34:13traders.
  1125. 1:34:20Except for me. I trade a live account. I
  1126. 1:34:22trade a live account, too.
  1127. 1:34:25So sometimes sometimes I actually exist
  1128. 1:34:28on the book sometimes.
  1129. 1:34:38Do I believe in the efficient market
  1130. 1:34:40theory meaning that the market is
  1131. 1:34:41efficient 100% of the time? No. Is it
  1132. 1:34:46major majority efficient? Sure. Are
  1133. 1:34:49there temporary moments of inefficiency?
  1134. 1:34:52Absolutely.
  1135. 1:34:54Absolutely.
  1136. 1:35:06Are we going to get out of here? Is this
  1137. 1:35:08it?
  1138. 1:35:31Yeah, if we're talking about like the
  1139. 1:35:33major indices, they are pretty
  1140. 1:35:35efficient. But the idea that it's 100%
  1141. 1:35:40efficient all the time is just not true.
  1142. 1:35:42It's just not.
  1143. 1:35:53All right. So, this this could be it.
  1144. 1:35:55This could be it if we hold above this.
  1145. 1:36:09If this fails here
  1146. 1:36:12and we come back into here.
  1147. 1:36:20That would suck.
  1148. 1:36:29I I trade gold too sometimes. But yeah,
  1149. 1:36:33honestly, this is my cut off time. I'm
  1150. 1:36:34done. Okay, I'm going to um
  1151. 1:36:38I'm going to depart from you YouTube.
  1152. 1:36:42Yeah, I'll come back. Asia session
  1153. 1:36:45YouTube,
  1154. 1:36:46it was it was nice this morning.
  1155. 1:36:50It was nice talking to you guys,
  1156. 1:36:54but
  1157. 1:36:57it's time for us to depart.
  1158. 1:37:00If you would like to join this giveaway
  1159. 1:37:01that I'm about to do, I know I say this
  1160. 1:37:03every single day. I'm gonna stop saying
  1161. 1:37:06it and then it'll just be like a secret
  1162. 1:37:08giveaway.
  1163. 1:37:10Go ahead and join the Discord. All
  1164. 1:37:12right, I'll catch you guys tomorrow. See
  1165. 1:37:16you later.

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