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

by Christopher Creamer | Orderflow Trader · 6,046 words · 1,093 segments · language en · Watch on YouTube

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0:00I'm [ __ ]
0:02I caught some of that pre-market move.
0:04That's why I'm a little late. And I
0:06caught uh
0:08some trades overnight with gold.
0:13I'm
0:13I'm uh up.
0:15But
0:19I just
0:21I don't know what it is, dude. We just
0:22keep having these like
0:25crazy overnight moves and then
0:27pre-market moves are nuts. Like we had a
0:31yesterday.
0:32And then we had it today.
0:35I'm like trying to write my uh
0:38daily outlook on what I'm expecting for
0:41today and then price is like dumping.
0:44As I'm writing it, it dumped like
0:46another 100 points. I had to just stop
0:47writing it and just [ __ ] follow the
0:50momentum.
0:53But the good news
0:56The good news is that
1:00I can now pull a payout on this account.
1:03[ __ ] I needed that one, dude.
1:21So I'll probably I'll pull
1:23I'll pull 2,700 out of it. Um
1:27at the end of the day today, but uh
1:32But yeah.
1:33That [ __ ] was [ __ ]
1:35brutal, bro. That That consistency rule
1:37on that [ __ ] is [ __ ] ass.
1:43Dude, but
1:45gold's been moving.
1:46I might get back on my gold grind.
1:49Honestly.
1:50I'm 6'2, Panama.
1:57I'm tall and skinny.
2:04Bro, I'm not going to lie, though.
2:085 ft, you're trying to rage bait. That's
2:10crazy.
2:16Bro, you could guy. The same thing
2:18happened yesterday that happened today.
2:23Crazy pre-market move.
2:25And we have FOMC today.
2:28I would not be surprised if we literally
2:30just chop.
2:32If we start whiplashing and
2:33consolidating like all morning.
2:37I know, it's crazy. The good news is is
2:39that I I was actually awake
2:42to catch some of it. So
2:45I'm going to be I I caught some of I
2:47caught some of it on this account.
2:51This account.
2:53So I'm up on this account.
2:56And then this account, I'm up on it,
2:58too. This one is I can't trade this
2:59anymore. Or I got to pull a payout on
3:01this.
3:04But we can focus on this account a
3:05little bit. Dude, gold's been dumping
3:08all morning, too.
3:15Bro, but you know you know what is
3:17pissing me off, though? Is like
3:19So check this out, right?
3:22I have higher time frame levels. Like
3:25this is a higher time frame level that
3:27I've had here since probably somewhere
3:30like Monday, right? And so I'm waiting
3:32for price to get up here so I can see
3:35whether or not I'm trying to
3:37short, basically.
3:39But these levels keep hitting
3:42while I'm sleeping.
3:44Like am I just supposed to start
3:45pressing limit orders, but it's like
3:49Like the idea with these levels that I
3:51have is simple. I'm just
3:54I'm waiting for price to get up into
3:56these
3:57so that I can actually make a decision
3:59if I think we're going to continue or
4:01reject from it.
4:03And then it's just like, bro.
4:05I woke up this morning, saw that we
4:07tapped into that level and then just
4:09dumped.
4:12And it's just like, bro.
4:15I'm sleeping during that time.
4:19Yo, we're running Panama. We're running
4:21duos on that. That's crazy.
4:25We're running duos.
4:28That's nuts.
4:46Screenshotting this
4:48before I mess it up.
4:50Putting it in the uh
4:56Oh [ __ ] do I have a call today?
4:58See.
5:01No, we're Gucci.
5:07Liquidated everyone. That's crazy.
5:11So yeah, I mean
5:14when my levels keep hitting and then
5:15keep causing like we keep having massive
5:18moves
5:19pre-market and overnight. Like what am I
5:21supposed to do, bro? Like it just leaves
5:22New York with like this like
5:27Leaves New York with some [ __ ]
5:30Hold on, one second.
5:42I'm back.
5:51Hey. Were you curious? Were you curious,
5:54Panama? Did you click it?
5:57Did it make you click?
5:59You're like, why is this guy looking at
6:00the camera? And what what does it mean?
6:03What am I supposed to watch?
6:07Did it make you curious enough to click
6:08on it?
6:16As many as I could.
6:17Why did you get hit with a bunch of ads?
6:23>> [laughter]
6:33>> Yeah.
6:34I don't know I don't know how many ads
6:35are on there.
6:38Whenever you whenever you post a video
6:40on YouTube, you just like let them know
6:42whether or not
6:43You just let them know whether or not
6:45you want ads on it or not.
6:48And I'm just like, yeah, put some ads on
6:49it. And so I don't know how many they
6:51put on it.
6:52They might put a lot.
7:15But yeah, to be honest, though, like
7:19I think
7:21I think I'm going to start focusing on
7:23uh gold again
7:26for uh Asia session.
7:32Cuz New York AM on NQ is just
7:36trying to rage bait me.
7:40Like what type of [ __ ] is this, bro?
7:43Like actually. Like what the [ __ ]
7:51Look, I mark out this high. I mark out a
7:53level I'm looking for a rejection.
7:57We're just [ __ ] around all morning.
7:58Asia and London run through it and then
8:00dump before New York even opens.
8:03Brother.
8:05How am I supposed to trade that? I'm
8:07sleeping.
8:11Now we just got to deal with this like
8:13shitty ass PA in the morning.
8:23>> [snorts]
8:48>> How do I trade gold?
8:50Well Well
8:52It's a very specific strategy.
8:55It's called It's It's the way I trade
8:57gold is is very specific. It's like
9:00I'll look at the chart.
9:02And then like
9:04I know this sounds crazy, but I'll look
9:05at the chart
9:07Panama. And then if I think it's going
9:09to go down
9:10I'll sell it. And then if I think it's
9:13going to go up
9:15I'll buy it.
9:24Uh
9:25tool is
9:27On the left, it's A test.
9:32It's a order flow platform called A
9:33test.
9:35Yeah, I call that one the buy and sell
9:37strategy. Yeah.
9:40And if you want to learn that strat,
9:41Panama, you could uh
9:44You could You can buy buy my course.
9:51What up, Joey?
9:57No, I trade gold the same way.
9:59I trade gold the same way.
10:03It just It just moves a little different
10:06than NQ.
10:09The auction is the auction, but at the
10:11end of the day, it does have like slight
10:13micro behaviors that are different than
10:15NQ.
10:16Same way that ES has it over NQ and
10:19silver has it over gold. They're all
10:21like slightly different, but the idea is
10:24kind of the same.
10:26The idea is the same.
10:33Yeah, it helps. It definitely helps.
10:41Again, you got to just make sure you're
10:43sizing properly.
10:47Last night it was kind of choppy. I kept
10:49trying to short it.
10:51So, look, like last night on gold, this
10:54is gold, by the way.
10:57We've been stuck in this range
11:00literally all [ __ ] week. Okay, this
11:03is Sunday open.
11:04We've been stuck in this range all week.
11:06Once we started coming down over here
11:08during Asia,
11:10I'm trying to sell it for a breakdown.
11:14But, as we approach like down here, I
11:17kept moving to break even because
11:20we're in a range, you know, like
11:23it can just snap back.
11:24So,
11:26I caught a little bit of this.
11:29I caught a little bit of it here. I
11:31caught a little bit of it here.
11:34And then that put me up like $800 on uh
11:37this account.
11:39And then I went to sleep, and then of
11:41course, what happens when I go to sleep?
11:42This [ __ ] just [ __ ] melts.
11:45So, then
11:47this morning
11:49right as this candle was pushing down, I
11:51just entered into the momentum of it.
11:53Because I was imagining that if we are
11:55going to go lower, well, where are we
11:57going to go? We're going to go take this
11:58low.
12:01So, I entered in like five micros.
12:04Made another uh
12:07three or 400 bucks.
12:11And then that's why this account is
12:13where it's at right now. And then on NQ,
12:20we're like we're like right around here
12:23as I'm writing out my morning uh
12:26outlook.
12:28And then I just I'm like
12:31man, this shit's just going to dump.
12:34And then we're going to just dead-ass
12:36[ __ ] chop during uh
12:38New York. So, then I stopped writing my
12:40outlook for a second.
12:42And then I shorted it right here.
12:44And [clears throat] I just scalped it
12:45really quick.
12:47And that was on this account.
12:50I made like
12:54six or seven hundred bucks. And then
12:56when this came down here and this
12:58five-minute printed, I went long for a
12:59second. I just got out for like a quick
13:0125 points.
13:05So, now we're up a thousand on both
13:06accounts.
13:08Before I started the stream, before
13:09market open, my bad.
13:12But, it's like, dude, what am I supposed
13:13to do? Like
13:20I'm kind of imagining that
13:23we we we might rebalance some of this.
13:28But, I do not think
13:30we are coming all the way back to high a
13:32day. There's no [ __ ] way.
13:34Until it during at least during the AM
13:36session, there's no way.
13:42Past this high?
13:44I don't think so.
13:45I think we either potentially chop or
13:48drop, take
13:51take this or this,
13:53and [clears throat] then chop.
13:55Or we just go up, come down,
13:58chop
14:00until FOMC.
14:03So, the market's about to open.
14:08I am going to
14:10I'm going [clears throat] to be real
14:11with you guys. Like I'm probably going
14:12to be pretty uh
14:15pretty passive.
14:17I'm already up.
14:19I caught some of the move down on gold.
14:21Caught some of the move down on NQ.
14:26If I wasn't If I wasn't streaming and I
14:28wasn't like doing this stuff, I would
14:30probably be back to uh I'd probably be
14:33doing something else, honestly.
14:38I'm only here for you guys.
15:02I'm just here just in case.
15:04Just in case something happens.
15:08But, technically, I'm I'm already made
15:10my profits for the day.
15:13And I can't really trade this account
15:15anymore, anyways, because um
15:19I'm going to pull 2,700 bucks out of it
15:21later, so I don't want to [ __ ] that up.
15:22So, actually,
15:24what I'm going to do,
15:25I'm going to lock out of this. Wait, let
15:27me just
15:31I need to make sure. Hold on.
15:34Is this going to make another leg down?
15:40Nah, we're not falling for it. I'm not
15:42falling for it.
15:46You're not going to get me this time,
15:48NQ.
15:56All right, we're good.
15:58Yeah, I'm locking out of that [ __ ]
16:06Is it going to make another leg down?
16:09Nah.
16:11It's trying to catch me. It's trying to
16:12get me.
16:18All right.
16:19So, we locked out of this account. We're
16:21going to take a $2,700 payout from it
16:24later tonight.
16:28And we're going to sit here
16:32and we're going to see
16:35if anything is interesting.
16:37But,
16:43I'm going to use smaller size. If I lose
16:45one trade, if I decide to take a trade
16:46and I lose one trade, I'm I'm done.
16:49Cuz I need to build this balance up,
16:50too, cuz I need to take a payout on this
16:52one after I build it up. It's at uh
16:56This is only the second day on on this
16:58account, actually, so
17:00we still got time.
17:05The second winning day, at least.
17:46So,
17:47if I can pull
17:51Dude, I started this month so down bad,
17:53bro.
17:54I I blew all those accounts.
17:57I [ __ ] fumbled those payouts. I
17:59fumbled another payout.
18:02Spent a bunch of money on evals.
18:06I need to pull the 2,700 out, and then I
18:08need a payout from this account
18:11before the month ends.
18:13And then I think I'll be back in the
18:15green for the month.
18:21Well, I will be back in the green for
18:22the month.
19:55>> So, if this is going to come up, I want
19:56to see how like how deep is it really
19:58going to dig back into the pre-market
20:00move because
20:11I probably be expecting it to come back
20:14towards 25,000.
20:21Maybe
20:25Yeah, Alex, maybe somewhere if it's
20:26going to come up before it turns around
20:27again or before it starts chopping,
20:29probably like around here.
22:19Yeah, a lot of orders sitting right
22:20here.
22:26I haven't seen the Funded Next
22:29offer.
22:32What's so good about it?
22:38Oh, buy one the bogos, buy one get one
22:41free?
23:24Mhm.
23:27I don't think I've ever used Funded
23:29Next, but I heard uh that they're pretty
23:31good.
23:49Oh.
23:51Well, it's not very convincing to buy an
23:53account then.
24:09>> [laughter]
24:32>> So, the second the second 5-minute
24:34candle at New York open, which keep in
24:37mind on a normal day is usually around
24:39like
24:4040,000
24:4245,000 micro contracts traded on it on
24:45MNQ
24:47just closed with 27,000
24:49volume.
24:53The first
24:55Usually the first candle, too, is
24:57usually like maybe 50 50,000.
25:02On bigger opens, sometimes it's like
25:0460,000, so this is 39, 27.
25:09It's kind of uh giving me the idea that
25:12we're about to be on some [ __ ]
25:15for like
25:18the AM session.
25:22Unless we just start like picking up
25:24speed
25:25and volume.
27:30I want to see how this uh 5 minutes
27:32going to close
27:34and whether or not we're going to take
27:35these orders right here.
27:39Sitting at 25,000.
27:43I might
27:45try and short it
27:47just not even necessarily to make
27:50another low, but just to come back into
27:52this thing and start causing a mess.
28:06Unless it just happens right now before
28:09I get a chance to do it.
28:54Well, [ __ ] There goes that idea.
29:08We're like when I said I was watching
29:10this area if we were going to dig deeper
29:12into it, I just wanted to see us
29:14potentially take those orders at 25,000
29:17first.
29:19And then I was going to try and just
29:20like scalp a short.
29:23But uh now it's like
29:28kind of I mean, that already moved like
29:3050 points from where I was thinking
29:31about. Yeah.
29:59>> Just hesitated on it.
30:23And also, just so you guys know,
30:27like right above this area, like
30:29basically right where 25,000 is, is also
30:31where
30:34603 on QQQ is,
30:38which I'm watching for today.
30:50Which is this right here.
31:40Order filled. I'm going to enter into uh
31:44five micros.
31:47And then on the shorts.
31:49And then um
31:54we'll risk
31:55uh
31:56I need to give it some room in case it
31:57snaps. We'll risk like 300 bucks.
32:02And then I just wanted to see it kind of
32:04snap back into this range, maybe back in
32:07the same area where this candle
32:09came to, so.
32:15Although, I just want to see if I need
32:16this to get taken first, but I just
32:23I hope it doesn't snap through it.
32:26But if it does, whatever.
34:06The 5-minute was looking good for a
34:07second on how it was going to close
34:09pretty weak. Oh, hopefully it still goes
34:11down there.
34:12If it closes kind of strong though,
34:14we'll probably take 25,000
34:17and then
34:18maybe hit my stop loss. I'm hoping that
34:21it doesn't though.
34:24I would like to see this 5-minute
34:26close further
34:28down, but
34:34I'm going to move my stop to break even.
34:40And we'll just see if it could ride down
34:41for us to make like uh
34:44600 bucks.
34:57If we start getting pressure lower, I'll
34:59actually trail my stop, but
35:02um
35:05if not, I'll just leave it where it is.
35:07And then if it wants to just do a slow
35:08grind up, then I'll just sit out of it.
35:12But I want to see if we're going to
35:13start coming back and creating some
35:15[ __ ] down here
35:22after it dug into the uh
35:26the move down a little bit from
35:28pre-market.
35:32All right, I'm going to
35:34trail my stop
35:36right above the open of that 5-minute
35:39just to lock in 170 bucks.
35:55I need the 15 to basically flip
35:59and come back.
36:16I'm going to take one off right here.
36:17Actually, I'm going to take two off
36:18right here.
36:47How big is this? Like how big is this
36:49area that I'm
36:54Oh, like 60 points. Okay.
36:57All right.
37:02Oh.
37:03Guys can't see it.
37:57Dude, thankfully this candle came back
37:59up and gave me another chance to enter
38:01into that short.
38:03Cuz I thought it was just going to do it
38:05on this candle.
38:07Well, good thing I didn't enter on this
38:08candle. I probably would have gotten
38:10stopped out.
38:12Uh maybe not actually. I probably still
38:13would have put my stop up here.
38:15Just the worst risk reward. At least
38:17this one is like
38:19I messed it up a little bit by taking
38:21partials.
38:22Like the the risk reward technically,
38:24but
38:30you know, if I'm going to do if I'm
38:31going to be trading chop, like if I'm
38:33trading trying to anticipate that we're
38:35going to chop,
38:39[ __ ] it, dude. I'm just take some off.
38:42So that it's not like a complete waste
38:44of my time.
39:02You're in longs?
39:06Where's your
39:08870?
39:12Where the [ __ ] is 870? Are you still on
39:14the other contract?
39:18Oh, 870 down here?
39:21Damn, you're kind of like a chad, bro.
39:24That's crazy.
39:26Well, here, how about this? I hope it
39:27comes down to my TP. I just get out of
39:30it for
39:31basically 60 points and then
39:35it continues up
39:38for you.
40:05>> If this candle flips bearish,
40:08I'm going to trail this even harder.
40:16Yo, that's crazy.
40:19Where would we put it?
40:21You know what? I'll put it right at the
40:23open of this thing if it flips.
40:33Dude, the volume is is [ __ ] terrible
40:35right now.
40:38Come on. Come on. Push. All right.
40:40I'm locking that in. It It could try and
40:42snap back or whatever, but we're just
40:44going to get out of it.
40:47Order filled.
40:49All right.
40:51What do we make on that? 500 bucks?
40:59I'll take it.
41:03All right. Look. Now, here's the plan.
41:06We're going to go two minis.
41:09We're going to risk all of the profits
41:10on the day
41:12in a choppy, low volume environment.
41:15We're going to try and make a hundred
41:17thousand dollars.
41:23Now, for real though,
41:25the volume is pretty dog [ __ ]
41:28And there is a chance that we just [ __ ]
41:30around in this area
41:33and just bounce basically like
41:39like come up here, come down, maybe take
41:42the lows real quick, but come right
41:43back, and then just like start chopping
41:46right here.
41:49So,
41:53we'll see if the 4-hour does anything,
41:55but
41:56we have FOMC later if FOMC later today,
41:59so
42:02the rates are probably going to stay the
42:04same, but
42:06it'll be interesting to see what he says
42:08when they ask him questions, cuz that's
42:09really what's important is what he says
42:12when they ask him questions.
42:14And then, um,
42:15also something that's interesting as
42:17well as that
42:18I think it's either this one or the next
42:20one is Powell's last meeting where he's
42:23going to be the one talking. He's going
42:24to be the last one. Uh, the last one
42:26where he's speaking.
42:28Then we're going to get some new guy. I
42:29forgot forgot what his name is.
42:34Forgot what that guy's name is, but that
42:35should be interesting.
42:37Those first few FOMCs with the new guy
42:40talking, answering questions,
42:43uh,
42:45maybe kind of sketchy, so just be
42:47careful if you're going to trade that.
42:56All right. But, so far today,
42:58we're up 1,100 on this account. We're
42:59going to pull a payout.
43:02>> [snorts]
43:03>> We're up 1,500 on this account.
43:06See, this is why you don't want that
43:08consistency [ __ ]
43:11I [ __ ] up with this account, dude. I
43:12should have never got the consistency
43:14thing.
43:15But, luckily I was able to get the
43:16balance up to like 5,500 bucks
43:20so I could pull the payout.
43:22But, uh,
43:24this one,
43:26if we really wanted to, we can make
43:27whatever we want.
43:30Uh, I've never had problems with payouts
43:32on Topstep. No.
43:36They just They just give it to me.
43:43See what gold's doing.
43:47A whole lot of nothing
43:49after that huge drop down.
43:51Uh, actually that's pretty large. That's
43:53pretty big.
43:59So, this is the second winning day on
44:01this account.
44:06I think if I get this up to like a
44:07$3,000 balance, I'll probably just take
44:09it. So, then be 27 + 15,
44:1243.
44:15We'll be back in the green on the month.
44:19I'll be able to buy some more evals,
44:21full port them,
44:25and then hopefully set ourselves up for
44:27a good April, and then hopefully
44:30um,
44:32hopefully I'll
44:34I'll make a recovery from this month.
44:36Not going to lie.
44:38Full transparency, I crashed out this
44:41month like
44:43I spent like 2K
44:452K
44:47on [ __ ] eval fees, bro.
44:50Buying evals, blowing them, activating
44:53accounts, blowing them.
44:55It's been bad. Like, this is like the
44:56worst month that I've had in a long
44:58time. So, if we can if if I can just
45:01literally save it,
45:03I can literally just save it,
45:06I'll be fine with it. If I could just
45:08like save the month from disaster, maybe
45:10we should be okay.
45:18How many Express did you get from 2K?
45:22Oh, from the 2K I spent? I
45:24Well, not all of it was with Topstep.
45:27So,
45:30I spent two like Okay, so check this
45:31out. I spent like 2K, right?
45:34I got like
45:36maybe five or six Apex accounts. So,
45:40that's already $100 activation
45:43on those ones. Like, I passed five or
45:44six of them.
45:45$100 activations instantly like five,
45:48six hundred bucks gone from that.
45:50I got
45:53one Express in the beginning.
45:55I blew it. I got another Express
45:59up to like two grand,
46:01and then I blew that one. It was
46:03actually eligible for a payout. I just
46:04wanted the balance higher. Blew that
46:06one. Then I got this one, and then I got
46:08the this other one. So,
46:10I would say maybe four or five Express
46:12accounts this month.
46:14And then, obviously like to get that, I
46:16probably bought like
46:1810 [ __ ]
46:20>> [snorts]
46:20>> like nine or 10 [ __ ]
46:22uh,
46:24accounts. That's like another band. And
46:26then on Lucid, so then check this out.
46:28On Lucid this month,
46:31I bought account I probably purchased
46:33like five of their evals. I passed three
46:37of them.
46:40And then,
46:41I blew those. Like, I've been getting
46:43rinsed, bro. Like, but it's my fault.
46:46It's my fault. I've been getting [ __ ]
46:47rinsed this month.
46:49So,
46:51that's why
46:53I needed this [ __ ] payout so bad.
46:57Cuz I'm like, bro,
46:59I'm in the [ __ ] I'm in the dumps
47:01right now for this month.
47:06I went tilt mode.
47:08Full [ __ ] I [ __ ] maxed.
47:10And it did not work.
47:14And then, uh,
47:16but the good news is is that All right.
47:17Well,
47:18you know, right now, yeah, we're not
47:21looking too hot. We only got two funded
47:22accounts.
47:24I know. I
47:26I had like five Apex accounts like maybe
47:29a few days ago.
47:32They're gone.
47:34So, I've just been, uh, getting spanked.
47:37But,
47:38I think we can make a comeback because
47:39this just this payout alone will
47:41basically put me back up on the month,
47:43but we're not going to call it up on the
47:45month. We're just going to basically
47:46call it break even. Cuz it'll be 2,700
47:50after they take the fees from it, like
47:522,400,
47:56we'll just call it break even. And then,
47:58we need this
48:00payout.
48:01If it's like 1,500, we'll be up like a
48:03band.
48:07So, yeah.
48:08Uh,
48:09do you work at all anymore, or do you
48:11just trade?
48:13No, I do stuff. I do other stuff. No, I
48:15don't have I don't have like a
48:17like a nine-to-five,
48:19but I definitely work on other stuff.
48:24Do you risk high to
48:26Do you risk high to build that buffer?
48:29Um,
48:31are you talking about on this account?
48:33Yeah, on this account I did. I risked
48:35more than I would
48:37normally.
48:40And the reason for that is because
48:46I had to get to I had to get to this
48:48balance.
48:49Now,
48:51on this account,
48:53no, I don't I don't risk a lot. I'm
48:55risking maybe
48:58$300
49:00a trade,
49:02$300
49:03a trade.
49:08So, like
49:10but it look like this, right? Like Like,
49:11here's the here's this account I'm
49:12trading.
49:15I mean, we had a day with 869. That's
49:18That's risking like three to three
49:20hundred dollars a trade, right? Three to
49:22four hundred a trade.
49:24Then this day, I went back and forth,
49:26and then I went down on the day.
49:28Just decided to just stop at a $160 loss
49:32before I made it worse.
49:34And then, um,
49:36there we go. Zap. Good stuff. And then
49:38today,
49:39Today I just got lucky with that
49:40pre-market drop. I just got to my
49:42computer at the right time.
49:48And then this trade that I just took
49:50right here, well
49:53I made like 500 on that trade.
49:56And I was risking like 300.
50:01So.
50:05Yeah, I always use 50Ks.
50:08I don't use 100 or 150K. I don't really
50:11need them.
50:16There's really no point
50:18for me to even get them.
50:25Because the the most valuable thing that
50:27comes out of bigger accounts is more
50:29contract size.
50:31And
50:34I mean, let's be real. Am I Am I even
50:35using five minis like that? Not really.
50:40Some other accounts though, you want the
50:42bigger accounts for the bigger payout
50:43caps.
50:45Um
50:46but they cost more money.
50:49And if I'm going to sit sit here and
50:50turn evals
50:52to try and like
50:54be financially
50:56positive with expectancy
50:59with a system trading prop firms
51:03the best return on investment is going
51:04to come from like 50K accounts.
51:10Cuz think about it like this, right?
51:11Like
51:14>> [clears throat]
51:14>> we're talking about like return on
51:16investment when it I mean
51:19since we're trading
51:21prop firms
51:22really what our risk is is what we're
51:24paying for accounts. It's not how much
51:25is per trade, you know? I mean
51:28sort of, but it's at the end of the day
51:30it's really just what we're risking when
51:31we're buying accounts with their actual
51:33money.
51:35And then it's called a
51:38a convex payout structure. So basically
51:40what that is is like
51:42our downside is capped, but the upside
51:44is potentially theoretically unlimited.
51:47So
51:51you can take a $100 Let's say you buy
51:54one XFA or one Topstep account.
51:59And it's $109. [clears throat]
52:01You pass it, you get you get the
52:02activation. You chose no activation
52:04route. Now you're in $109, but you got
52:06this account that you can make money on.
52:08Let's say you pull one payout, two
52:10payouts, three payouts, whatever it is.
52:13I mean, you essentially just turned $109
52:15into whatever you pulled out, right?
52:18So
52:22what we're trading is just like a very
52:24gamified version of trading in general.
52:29So let's exploit it. Let's take
52:30advantage of it, right?
52:33Honestly, to make money with prop firms
52:35you do not need to be a good trader.
52:37You can blow [ __ ] ton of accounts and
52:39you can still be
52:40technically profitable.
52:44And you can be trading a a strategy that
52:47really doesn't have an edge and you can
52:49just make money off of variance like
52:54And you but you just have to do that by
52:55exploiting like the prop firm uh
52:59business model.
53:01Dude, this is [ __ ] I hope none of
53:02you guys are trading this right now.
53:32No, don't think about it like that.
53:35I don't usually make
53:37I don't usually make this much
53:39on XFAs. I mean, look at this.
53:42My balance is at 2200
53:45and I made 1500 of that today.
53:51Your 700 on an eval is fine. That's
53:54That's a great day.
54:1315
54:1626 2600
54:23Tulas, if you're having a bad day
54:26I'm going to tell you right now
54:28this is not the price action to try and
54:30make your money back.
54:33You're better off
54:36just waiting for tomorrow.
54:38Just whatever it is, even if it's like
54:40really bad, whatever your drawdown is
54:42right now
54:44do not try and fix it in this.
54:50Cuz you're going to get smoked.
54:54There's probably people who are sitting
54:55here sitting here trading this where
54:57like
54:58oh, it's going down. I'm going short.
55:00Wrecked. Oh, it's going up. I'm going
55:02long. Wrecked. Oh, it's going short.
55:05Wrecked. So like
55:09or like if we drop to a lower time
55:11frame, like I don't know.
55:13People like to trade the one minute.
55:19Like this is uh there's somebody out out
55:21there in the world where that this was
55:23their exact thought process.
55:25Oh, we're breaking lower.
55:27Stop above the high.
55:30We're going to target down here for this
55:31drop to continue.
55:33Wrecked.
55:40Oh, we're breaking higher right here.
55:44We're breaking higher. Entering.
55:46Stop below the low.
55:49We're going to retrace this. We're going
55:50to We're going to fill the RTH gap.
55:54Wrecked.
56:01Like it's nasty, bro. Just don't trade
56:03this.
56:05It's to be expected though, like
56:07if we go from a huge imbalance, right?
56:11Pre-market, well, what do you think
56:12we're going to do? We're probably going
56:13to find balance somewhere.
56:18Yeah.
56:21Dude, the same [ __ ] happened yesterday.
56:26See this?
56:28Big ass move. At least this open had a
56:30push first and we had a little bit of
56:32movement.
56:35You know how many people probably blew
56:36their accounts trying to trade this
56:38yesterday?
56:40A lot.
56:41A lot of them.
56:45But here's the difference, right? This
56:46is this This would be considered like a
56:49balance rotation. We have defined highs
56:51and defined lows and if you wanted to
56:53trade mean reversion
56:55uh behaviors, you can actually do that
56:57pretty well in this type of environment.
57:00In this though, oh, wrong day.
57:03In this type of stuff though, like
57:05this is like straight up compression.
57:07This is compression.
57:09You don't want to trade that.
57:12Like look at this.
57:34So.
57:36Yeah, I don't know. If you guys are down
57:38right now
57:40just don't don't
57:42don't try and make your money back.
57:45Just
57:46there's always tomorrow, right? Unless
57:47you don't have an account.
57:55Let's see. I buy another one.
58:02Watch. You probably have all the people
58:04Anyone Anyone who
58:07The person who probably took this trade
58:09and did this
58:11is going
58:12ah, they hunted my stop. Oh, we're
58:15really doing it this time.
58:18Let me go for the breakout. Now I'm
58:19going to have to have a huge [ __ ]
58:21stop loss. Or maybe they're already in
58:22drawdown, so they want they don't want
58:23to give that much
58:25room. So they'll put their stop like
58:26right here.
58:28They're aiming for this. And you know
58:29what? It might work out.
58:32But
58:34it's just dangerous to try and do this.
58:40You know what I mean?
58:43You keep you trying to guess a breakout
58:45of a compression.
58:57Mhm.
58:58That's good to know.
59:02I mean, on a higher time frame like
59:04I am expecting us to go lower.
59:08Yeah, I mean, it's working.
59:10I mean, yeah. I said it I mean, it could
59:12work, but it's just like dangerous to do
59:14that. Like why would you want to Why
59:15would you want to risk your money there?
59:17And then like
59:19if you do trade breakouts and that's
59:21what you wanted to trade
59:23where are you going to put your stop for
59:25this to actually make sense? Up here?
59:27That's a [ __ ] huge stop. Like when we
59:29said when I said that, we were right
59:31here, probably.
59:33And we can come down.
59:34Sure.
59:36But, a legitimate stop, like, bro, you
59:38have that put it like 70 points, 80
59:41points.
59:43You know? And most people probably
59:45aren't doing that cuz if they're trying
59:46this for the second time, they they're
59:48already in drawdown. So, they're
59:50thinking to themselves like, "I can't
59:51risk that much." So, they're going to
59:53just try and like cheat. They're going
59:54to try and put a stop like right above
59:56this candle.
59:57And we may or may not come back up, but
1:00:00what I was going to say though is like,
1:00:01no stop loss? Yeah, just the just the
1:00:03account balance.
1:00:05On higher time frame,
1:00:08I am expecting us to eventually come
1:00:09down here and take these out.
1:00:12Take this low out.
1:00:16Except you got your trend line traders
1:00:18who are going like this right now.
1:00:24Or maybe they'll they'll go like this.
1:00:34Look at this.
1:00:40I do think like this this up here was a
1:00:43level I was watching for us if we were
1:00:45to take these highs, by the way.
1:00:47Take this out and have a hard rejection
1:00:49off of the zone that I've had here for
1:00:51the whole week.
1:00:53I'm expecting this to approach
1:00:56down here. Like approach these lows.
1:01:00Unless we just start like
1:01:04compressing really hard right here,
1:01:06which would [ __ ] be terrible.
1:01:09Dude, come on. The the trend the
1:01:11trending method?
1:01:13No, I'm not underestimating it. I I like
1:01:16trend lines, okay.
1:01:18There's a guy There's a guy in here
1:01:21in this Discord who trades trend lines
1:01:22and he kills it. But,
1:01:25I'm just
1:01:27>> [laughter]
1:01:27>> All right, I take it back, all right.
1:01:29You know what?
1:01:30We could bounce right here. We're at
1:01:32We're at the trend line.
1:01:48Yeah, now I get it.
1:01:53Are we buying?
1:01:56I don't know. It's looking pretty weak.
1:02:01We may be coming down to 600 on QQQ.
1:02:05Just like down here.
1:02:18Yo, Crown, what do you think about uh
1:02:21the [clears throat] Tory Trades trend
1:02:23lines?
1:02:54She's probably not a real trader.
1:02:56Are you sure you don't want to pay
1:02:58$1,000 for her pre-recorded course?
1:03:01We can learn all about trend lines. We
1:03:02should all pitch on it.
1:03:05I think that's what's stopping us from
1:03:06being consistently profitable.
1:03:10I think it I think if I just [ __ ]
1:03:11learn the Tory Trades trend line method,
1:03:14that I'm just my my life is going to
1:03:16change.
1:03:27Nah.
1:03:29We're not going to We're not going to do
1:03:31that. Who knows, dude? I'm not I'm not
1:03:34I don't want to be a hater.
1:03:35I don't want to be a hater.
1:03:39Guil- Innocent until proven guilty.
1:03:43You know? We'll we'll we'll wait for her
1:03:44Eamon Trading to drop some [ __ ]
1:03:46The [ __ ]
1:03:48the Sherlock Holmes of uh
1:03:51of the trading industry.
1:04:07>> [snorts]
1:05:04>> I'm going to try and uh take a short
1:05:05right here. Order filled.
1:05:10But, I'm going to have a really tight
1:05:12stop loss. Like literally just
1:05:16We'll put it dead ass at the top of this
1:05:185-minute candle.
1:05:21And if we start breaking lower past the
1:05:23previous 5-minute, I'm just going to
1:05:24move it to break even.
1:05:34Ooh, wasn't there yet.
1:05:55Ooh, nasty.
1:06:01Come on, just go past it.
1:06:07Technically, it I think it did go past
1:06:09it.
1:06:16Whatever, worst case scenario, we'll
1:06:17just end the day up like
1:06:22We'll end the day up like uh 1,300.
1:06:24What's the 15 look like?
1:06:29All right, we'll wait for the 15 to flip
1:06:31bearish and then we'll go break even.
1:06:36Unless we're going to just come back up
1:06:38here,
1:06:39not break lower,
1:06:41we take a $230 L.
1:06:49Bro, what the [ __ ] dude?
1:07:03Ooh.
1:07:06I got close.
1:07:29All right, I'm going break even. I don't
1:07:30want it to snap back like
1:07:32after it takes the low of this.
1:07:36It's going to push, just go.
1:07:45Order filled. All right.
1:07:53Volume's below 20,000.
1:07:58We're just going to stop.
1:08:01So,
1:08:05we're up 1,500 on this account.
1:08:09>> [snorts]
1:08:10>> I'm going to take a payout on this
1:08:11account today. It's up 1,100 bucks.
1:08:15Tomorrow, this balance will be at 2,700.
1:08:20And then we're going to be focusing on
1:08:22this account to get it
1:08:26Well, actually, because this is the
1:08:28second day on this account, I think
1:08:31um
1:08:32if I take a payout,
1:08:34I can have
1:08:36This is the consistency one. So, maybe I
1:08:38can get 3 days of like
1:08:42200 bucks. The balance will be at 3,000.
1:08:46And then we can take 1,500 on this one.
1:08:49And maybe 1,500 on this one at the same
1:08:51time.
1:08:55I don't know, we'll figure it out.
1:08:57All right, well, I'm going to get off.
1:08:59I'll catch you guys later.
1:09:02Peace.

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