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Started red but ended green - PnL: +$1,790 🔴 Live NQ Futures Trading | Order Flow & Prop Firms — Transcript

by Christopher Creamer | Orderflow Trader · 7,874 words · 1,260 segments · language en · Watch on YouTube

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0:23All right.
0:59All right, we're back from our trip.
1:05We are back from the trip
1:09and we are going to
1:12try and not get [ __ ]
1:28It's kind of chilly.
2:18All right. I've been I've been gone for
2:21[clears throat] the beginning of this
2:23week
2:26and I'm trying out. The reason why I'm
2:28down 172 bucks right now is because I
2:32I'm trying I'm testing out Tradecopia
2:34and I needed to make sure that it was
2:36going to work. So, I entered in one
2:37micro and I lost like 20 bucks on eight
2:40accounts.
2:43So,
2:47I'm gonna see how Trade Copia works out
2:50because I've been having problems with
2:51Trade Seeker recently, like leaving
2:55rogue trades and
2:57[ __ ]
3:00not entering certain positions.
3:04So, I heard Trade Copia was better than
3:08Trade Syncer.
3:10Plus, it's like its own um
3:13its own like actual program and [ __ ]
3:16So,
3:20we'll use it. We'll test it out.
3:24200 to a payout. Let's go.
3:35So, it looks like we consolidated most
3:37of this week and then we made a pretty
3:39large move up yesterday.
4:03So, I pulled uh I pulled a payout while
4:06I was gone, though. I was just like
4:08scalping
4:10CME open like $200 days.
4:18So, we're going to try and
4:21not get [ __ ] up today.
4:24I also have to dip kind of early. Like,
4:26I gotta
4:28go run and do some errands and [ __ ] I
4:30got some something I got to go to later,
4:32but
4:34we'll see if market open provides
4:36anything. Realistically, what I would
4:37like us to do
4:40is I do understand that we have this gap
4:43right here. Now,
4:50we haven't really tapped into it yet, so
4:52we might actually tap into it first. We
4:55did end up yesterday leaving this high
4:57up here. So,
4:59um,
5:01oh, hold on.
5:12We did end up leaving this high up here,
5:14which if we do run through the opening,
5:16the new day opening gap, we might
5:19continue up to take out 514.
5:23realistically
5:26what I would like to see which
5:30today's a little tough for a couple
5:32reasons for me because
5:36I've been like gone
5:41so I don't know how the market's really
5:43been moving recently like I can see the
5:46candles right but in terms of Um,
5:53in terms of how they actually printed, I
5:55I'm not really aware of what was going
5:58on this week and how it was printing.
6:00So, another thing is that we're opening
6:03literally in the mi in the middle of the
6:05higher time frame range that we've been
6:06in for like two months.
6:09So, this one,
6:12let me delete these.
6:14So, here we are back at basically in the
6:16middle of it.
6:18>> [snorts]
6:22>> So, we could we could realistically
6:28I'm kind of like not hard set on a bias.
6:32I would like us to see us go down, but
6:34I'm prepared for us to just rip higher,
6:38come up into this area though up here
6:41after the high at 25
6:45514.
6:47I'm going to be looking to see.
6:53Oh [ __ ]
6:58I'm going to be looking to see if we um
7:01run that.
7:22So, we'll see if we can keep our win
7:23streak going today, though. If not, it's
7:26okay. But
7:29see where we're at.
8:15But it'll be basically the first day
8:17trading this week. Like actually trading
8:19this week.
8:21I hope everybody else has been having a
8:23good week so far. Although it looks like
8:24it looks like it might have been kind of
8:27tough
8:30with the consolidation.
8:39But if we do come down, then what I'm
8:42watching for is just London Asia lows
8:45and then I'm looking in somewhere around
8:46here if we're going to bounce after
8:48rebalancing the move up from yesterday.
8:50But
8:55speaking of that,
9:22But I was able to pull that payout um
9:25while I was on my trip.
9:29So
9:31with Topstep, I think we're at like I
9:34don't know n maybe 19,000 in payouts
9:37this month from top.
9:55I won't be able to pull another payout.
9:57So, I don't know if I could get up to
9:59the 20k mark with top step this month,
10:02but
10:05I think I'm at like 19K, maybe
10:0818.9 or 19K in payouts this month from
10:12Tops Up. And I've given them like, I
10:15don't know, maybe
10:18$1,600 or something. So
10:24what I am focused on though is I have
10:25these funded futures network accounts.
10:30I need to get a payout on those
10:34and I have alpha qualified accounts. I
10:37need to get a payout on those. So
10:40I think we're setting oursel up for a
10:42good march. But
10:48dude, if I didn't get wrecked earlier
10:50this month and blow two of those Topstep
10:52accounts, I probably would be
10:54I probably be at like
10:5724 25K with uh payouts with Top Step
11:02this month. But it's okay. I think next
11:04month should potentially be better as
11:07long as I just don't
11:09like [ __ ] myself basically.
11:14So today I'm going to be trading eight
11:17accounts. Five of them are funded
11:19accounts and three of them are
11:25EVLs.
11:29And those eval are like halfway done.
11:33So,
11:41uh, the DOM,
11:43well, technically
11:46technically this is similar to the DOM
11:48in the sense of these are DOM levels.
11:50These white, they're just expressed as
11:52levels rather than looking at like the
11:54the bid and the ask.
11:57These are DOM levels.
11:59And then I have a heat map on the side.
12:02So it's not necessarily watching the DOM
12:05like
12:07that people are familiar with, but I am
12:09looking at um the orders
12:13if that makes sense. It's just like a
12:15slightly different way of looking at it
12:17or it's just a different way of looking
12:19at it.
12:26Because if this if you were to take
12:28these white levels and you were to
12:30display this like on a DOM, well then
12:34these levels below price would be on the
12:37bid on the left and then these levels
12:38above price would be on the ask on the
12:41right. So it's basically the same thing.
12:44I just have them as a different visual
12:47representation basically.
13:00So hopefully now that I'm trading with
13:02Tradecopia or using Trade Copia,
13:04hopefully it doesn't [ __ ] up like Trade
13:06Syncer does.
13:08I tested it. That's why I'm down. But
13:11that's why I'm down like 170 bucks, but
13:17I'm going have to keep an eye on it
13:18today. It'll be the first day I'm using
13:20it. So,
13:25we'll see if we're going to come down
13:26off the open. We'll wait for market
13:29open.
13:38And then I may end the stream early
13:40today because I got to run, but I have
13:43something I got to go do.
13:48Uh Jack, today I mean we're kind of in a
13:55we're kind of in an air. So first of all
13:58I've been gone all week. So
14:02I usually don't have a hard bias if I've
14:04been gone because I'm just like
14:08out of sync. You know what I mean? Like
14:09I haven't been watching the charts for
14:12since Friday.
14:15because I went on a trip. But I would
14:18like us to rebalance some of this like
14:20come down. But we do have a a new day
14:23opening gap up here. And then we left
14:25these highs at 514,
14:29which if we do start running up to fill
14:31the gap, then I'll be looking to see if
14:33we continue to come up here because once
14:37we get above here, then this would be a
14:39good area for me on the higher time
14:43frames to be watching. But
14:47there is a chance that we just
14:50dump off the open and start targeting at
14:53the very minimum right here, but then
14:56start targeting Asia lows or daily lows
15:02and have this um
15:06candle push further down. But the only
15:08thing that's kind of tripping me out
15:10about it is this and this. So, I'm just
15:14going to wait for the opening print,
15:18see what happens, and if there is an o-
15:20opportunity for us to try and catch a
15:23continuation short, then for lowhanging
15:26fruit, then I'll take it. Um, but I do
15:28need to just be careful.
15:31And we're opening in the middle of a
15:32higher time frame range
15:34that we've been in for like two months.
15:41So, we'll just wait and see. It looks
15:44Looks like it might be the case. But
15:48again, I don't know how the market has
15:51been moving. Like I can see the candles,
15:53right? Like I can see
15:55how the candles printed so far this
15:57week, but I don't know like
16:01how they were actually moving. Like I
16:03don't know if we've been kind of
16:04whiplashing back and forth, if it's just
16:06been straight directional.
16:10So, I gotta be kind of passive um
16:14probably the rest of this week
16:18and not be as aggressive. So, like today
16:21I'm probably going to use smaller size
16:29like maybe three micros.
16:34Three to five micros.
16:53And then if I lose like 500 bucks today,
16:55which will put me down like four grand
16:57on the day, I'll probably stop.
17:03Technically, this account is still on a
17:05win streak, but it's on a nasty win
17:08streak. It's like 34 days or something.
17:13But we're not going to try and force it.
17:16We're not going to try and force it to
17:18continue
17:19because that's just
17:23a good way to tilt.
17:32The only reason why it is a 34 day win
17:34streak is because I've literally just
17:35been milking like $200 days.
17:42But today would be the second day I
17:45think of the 10th payout cycle. I'm on
17:48the 10th payout cycle for this account.
17:51All right, let's see.
18:23Yeah, we're about to run. I just I can't
18:28there's no entry for me on that. I have
18:30to at least wait for this five minute to
18:32close. But if this five minute is just
18:34going to run and take it all out, then
18:37then it is what it is.
19:03So, we're watch I'm watching this low
19:05right now. Oops.
19:11But I can't like this offered uh unless
19:15you got in pre-market like or unless I
19:17unless I got in pre-market. I can't
19:19really just like chase this especially
19:22down here.
19:25So, we'll just wait
19:30because it's pretty large. It's like I
19:31don't know
19:3660 points.
19:41It opened essentially with no wick.
19:45>> Is there no? Yeah, no wick and just ran.
20:00Well, the the moment that it takes these
20:01lows though, if it does continue down,
20:03then I am going to be watching here to
20:07see if we have some type of reaction to
20:10bring us back up or if we're just going
20:12to essentially melt through this whole
20:15There we go.
20:51But I think the only way I would
20:52actually end up taking a short just to
20:55try and take out these lows is if this
20:575m minute closes without actually taking
20:59it. But it we may just run all these
21:01orders right now and
21:03take the lows. I just don't want to
21:08trade it right here.
21:17But if if this closes without taking the
21:20lows, then we can look for the next five
21:22minute to open up and push up first. And
21:25once it starts to flip lower, we can try
21:26and enter that for just a quick just to
21:30take the lows. But it's it might do it
21:32right now. So,
21:34I may just have to
21:37watch it happen,
21:45which is fine.
22:04All right. So, it took the lows. So, now
22:06at this point, I'm kind of just going to
22:07wait.
22:09I wanted to see this. If you were here
22:12pre-market, this is what I was saying I
22:13wanted to see happen. I just couldn't
22:15get an entry for it. So, but it's okay
22:25because at this point now that we took
22:27these lows, then I need to be careful.
22:30about
22:31us snapping back up.
22:35Basically
22:37this area from like
22:40right after the lows
22:42to probably about here
23:17But yeah, today I will have to be kind
23:20of
23:22more passive than aggressive
23:26in execution probably I'd say.
23:49That was pretty quick though off the
23:51open.
24:30>> [snorts]
24:30>> If we keep falling
24:33with some strong selling momentum and we
24:36have like a retracement, we push even
24:38further lower and we get past like
24:46we get past and close maybe 150 then
24:51I just this area right here I don't feel
24:53comfortable trying to short it. Although
24:54you could just if you're a momentum
24:56trader you could if we're going to
24:58continue could just try and follow it.
25:00But I don't feel comfortable trying to
25:02short it down here after it took the
25:05lows.
25:08The idea was when we were up here, if we
25:11didn't have this drop or we had some
25:13type of push up first off the opening
25:16candle, the idea would have been to try
25:18and short it to then this would have
25:19been the target. But
25:22it kind of just did it.
25:25So if you caught that, great trade.
25:48Yeah, there's always a there's always a
25:51chance for that.
26:12And if we do recognize that it like if
26:16we have one of those days where just
26:18[ __ ] ran and took the lows and then
26:21it just begins to chop and the moment we
26:25recognize that then I'm just going to
26:27stop for the day and just
26:31I'm down. When I was testing out my
26:33Trade Copia this morning, I was down
26:36like 20 bucks on eight accounts or
26:38something.
26:41So, we'll take our We'll just wait.
26:48But I definitely don't want to
26:51trade chop.
26:53We got to avoid that at all costs,
26:56basically.
27:01I want to see how this five minute is
27:03going to close. We are We are getting
27:04some absorption over here.
27:15But we'll see whether or not it's I mean
27:18just because
27:20that's happening doesn't mean it's
27:21necessarily going to reverse. But
27:24we'll be watching it.
28:06I might um
28:09I might actually try and take a long
28:11right here,
28:18but I have to wait to see.
28:21I wouldn't want this uh fivem minute
28:23candle to get past the PC, but if we get
28:26down into here and we start flipping
28:28back up, I'll probably try and go long.
28:31But I just have to be careful
28:39cuz the stop would have to be kind of
28:40large.
29:18All right, I'm going to go long right
29:19here.
29:32The stop is going to have to be at the
29:34bottom of the of this candle, which is
29:38it's pretty large, but
29:41it's okay.
29:43And then um in terms of a target, I just
29:47want to see it kind of
29:50come back towards the opening price.
29:56If this candle flips bullish and runs
29:59past the previous five minute close, at
30:02that point I'm probably going to move it
30:03to break even just because
30:07it's probably just a better idea to do
30:09that. [clears throat]
30:11So, we'll see if we can start
30:14uh watching the the ask light up here
30:16and start to push higher.
30:29But if it's going to happen, I need it
30:31to needs to happen relatively quickly.
30:35So the moment that uh we do get above
30:37previous five minute close,
30:40we're going break even. If we don't and
30:42it just comes down, takes us out, then
30:46it is what it is.
30:51But if we are going to reverse, which I
30:53mean it's not looking so hot right now,
30:55but if we are going to reverse, it
30:56should do it with some aggression.
31:00And if it doesn't, then it's not as
31:03strong and we may just continue to make
31:05another low and start pushing down into
31:08like I don't know
31:11down here.
31:21Yeah, we're pushing past the PC. So, so
31:25we're going to get cooked right now, but
31:27it's all right.
31:29We went like, how far was this from our
31:33entry? What was this? Like, oh, 65
31:41went like a 100 ticks in profit. 25
31:44points in profit and then started
31:46flipping
31:56and we have the 15minute about to open
31:58right now which is also
32:00not good if we're going to open down
32:02here because then at that point there's
32:04a decent chance we might wick and then
32:08pop back up.
32:25So, if we lose this trade, we'll be down
32:27like 270 and then it'll give me room for
32:30like one more trade. And then if I lose
32:32that, then at that point I'll be down
32:35like
32:37500 on the day.
32:40And then we'll just stop
32:42because then I'll I'm copy trading like
32:44eight accounts. So I'll be down like
32:45four grand.
33:24Yeah, it's [clears throat] 15 minutes.
33:25Probably going to Oh [ __ ]
33:29wick past this before it actually
33:31reverses. If it's even going to reverse
33:33right there, which it may not. We may
33:35just continue lower.
34:09So, we're down 270.
34:12Let me look at the other accounts.
34:17Oh, some of the accounts are down 300.
34:22All right. Yeah. So, if I lose another
34:24trade, I'll just have to stop for the
34:25day
34:28and then the win streak will be over.
34:48>> [snorts]
36:33>> And what we need to avoid right here is
36:35just
36:37chop. if we start chopping.
36:44[snorts]
36:44But it looks like we might continue
36:45lower. But
36:52we'll just chill.
38:26Do we have any news tomorrow?
38:29Let me see.
38:32Oh, we have PPI tomorrow.
38:42[snorts]
40:11So, we're just going to sit here.
40:14I might wait for the 4 hour open
40:18in 8 minutes,
40:22but
40:27we're just going to try not
40:31like if I take another trade and I go
40:33down 500, I want it to be on a trade
40:35that
40:38I'm okay with losing. I don't want to
40:40try and force some [ __ ]
40:44Like this first trade I took, I was I'm
40:46okay with that loss.
41:00But like a type of loss I would not be
41:02okay with is
41:06in this area. I was saying that I'm
41:08looking to see whether or not we're
41:09going to potentially bounce, right? And
41:10then I try and chase shorts and then it
41:12bounces and I went against what what I
41:16was thinking then I would be kind of
41:18upset.
41:25And if I'm wrong and we don't end up
41:27bouncing anywhere in here and we just
41:31dig all the way through it, then
41:35that's okay.
41:41The goal is just to try not
41:45changing our plan like
41:48mid session and then just getting rinsed
41:50for it.
42:14But the ATR today isn't as high as it
42:16was last week. Last week when I was
42:18trading the fiveminute candles were like
42:1960 points.
42:22Right now it's about uh 33 points.
42:26I mean that opening candle was large but
42:29it's because it's the opening candle.
42:45>> [snorts]
43:13>> Amen.
43:29Amen.
44:11I don't know. Panama.
44:15Oh, I was in Florida. I was in Florida
44:18for a few days. I had to go out there
44:20for
44:22some business meetings and then
44:25um
44:27I haven't been looking at the charts
44:29like all week.
44:34Yeah. So, today's the first day. I
44:36actually flew back in last night at like
44:38900 p.m.
44:41And then
44:43I have some stuff I got to do later
44:46today. uh pretty soon actually, but I
44:50want to see how the 4 hour is going to
44:51open. And
44:54we're currently down 270 to $300 across
44:58eight accounts.
45:00So, or we'll just say 300 across eight
45:04accounts. So, we'll see if there's an
45:06opportunity. But if not, if we just keep
45:08doing kind of this like slower delivery
45:11where we still have decent volume, but
45:13it's just like a slower delivery, then
45:16um
45:18you know, we'll take our L on the day.
45:35You send 80 USD to the wrong Bitcoin
45:39wallet.
45:42Damn,
45:44that sucks, bro.
45:52Nothing you could do about it, I guess.
46:08Frankie, there's a lot of stuff that I
46:10look at, but
46:12which is it's kind of hard to explain
46:16while I'm trying to focus right now, but
46:19like
46:20um
46:23[snorts]
46:24in terms of like footprint though,
46:27if if my strategy or the way that I
46:30trade has like a hierarchy of like a
46:32process which it does. Uh order flow
46:35comes last. Like I'm I need to build
46:37context through structure and location.
46:42Um I need to understand location and
46:44then order flow is like the last thing
46:47or like footprint is the last thing that
46:49I look at when it comes to taking a
46:52trade. And
46:56I'm look I'm looking for things like
46:59absorption or
47:02um
47:04continuation like following pressure.
47:06I'm looking at stacked imbalances. I'm
47:08looking at clusters. I'm looking at low
47:10volume nodes. I'm watching the PC of the
47:1215minute and the five minute.
47:16And then I'm watching the DOM levels on
47:19the right side.
47:21In terms of like specifically how I
47:23enter, I'm writing a a PDF document on
47:28it right now. So, I could just like push
47:30you guys to that if you want to know.
47:33Sometimes like I can't if I'm
47:38trading New York open, I can't really
47:40like explain to you every single way
47:42that I enter. Just know that it's about
47:44big trades, stacked imbalances, low
47:47volume nodes, watching where the PC is,
47:49trying to see if
47:52Aggression is changing hands. I'm
47:53watching delta. I'm watching volume.
48:02So like right now, just so you know what
48:04I'm thinking is
48:06I'm watching this area to see if we
48:09potentially are going to bounce
48:11somewhere in here. right now. There's
48:14nothing here that's showing me any type
48:17of
48:19buyer responsive behavior. Like we're
48:23just
48:25doing this like slow delivery lower.
48:30So what I'd want to see if we were to go
48:33long, right? What I'd want to see is
48:37for volume to pick up. Like let's say
48:39this is the location that I'm looking
48:41at, which it's not, but just we'll say
48:43that for the purpose of the example.
48:48If volume picks up and there's a bunch
48:50of sellers hitting the bid
48:52and
48:54we are stalling, like there's no
48:56progression with the candle, but we're
48:58kind of just like stalling. Let's say
48:59that there was a [ __ ] ton of volume
49:01happening right now.
49:03And then if we were to flip PC remains
49:06below and then we see large aggressive
49:09buying meaning that two things either
49:11show that like we see these numbers on
49:14the right side which is the ask we see
49:16those start to light up because those
49:17are imbalances. I have it for 400%. And
49:20then we see large buy orders popping in
49:23then at that point we can consider that
49:26with you know watching delta
49:30we can consider that we may be
49:33flipping but it's important to just
49:36understand location in context. So like
49:39right now I don't want to
49:42short it. This is kind of like I would
49:45actually prefer not to touch it in this
49:47area because the main idea for this
49:50morning, at least what I sent out in the
49:52Discord when we were up here is I wanted
49:54us to take out Asia lows pretty much.
49:59Otherwise, we were going to pump, take
50:01out the gap, and then come up here and
50:03then potentially turn around. But now
50:05that that happened, like I'm kind of
50:07just
50:09like that was the move I wanted. This
50:11was the move I wanted, right? So now if
50:14I am going to take any type of reversal
50:16there needs to be
50:18I mean I attempted it right here and the
50:20reason why I attempted it up here is
50:22because we took the lows. We came into
50:26this area which is where I wanted to see
50:28us come to
50:30and sellers attempted to push lower.
50:31They failed. This candle flipped
50:33bullish. This candle came down to the PC
50:36and then started to flip. So it was
50:38looking decent for me at the time.
50:41So, I attempted to go long.
50:43Unfortunately, it failed and now we're
50:45just slipping lower. So, now I'm less
50:48inclined to try that again because if we
50:51were going to do that, I believe that
50:53this area right after we took the lows
50:55would have been a better location to do
50:57that than down here.
51:00[snorts]
51:02But we'll see. I mean, we'll see what
51:05type of interaction there is between
51:07aggressive and passive participants, but
51:11um
51:13yeah, we got to just kind of
51:16technically our plan this morning for
51:19the downside played out. So, at this
51:22point, I'm kind of like
51:25trying to avoid myself from
51:30forcing or searching for something
51:32because I had to sit out of that opening
51:34move because it literally opened with no
51:36wick and we just dropped and took out
51:39the the target. So,
51:42I didn't have an entry there.
51:52go live on Tik Tok
51:58maybe.
52:13So now what I'm watching is I'm watching
52:14this hourly candle.
52:19We took these lows. So if we start
52:24flipping like if this hourly candle
52:26starts to flip bullish and we see on the
52:28lower lower time frames like five minute
52:30and 15 minute
52:34like strong aggressive buying coming in
52:36then I'll be more inclined to try and
52:38take a long position but I have to
52:42wait for that confirmation. I'm not
52:44going to try and like anticipate it or
52:47try and bottom tick or whatever cuz I'll
52:51just get [ __ ] smoked if I try and do
52:53that
52:55cuz so far still there's really been no
52:58sign of this is kind of just one-sided
53:01trade um for the most part.
53:06And I don't want to short it over here.
53:10If you wanted to short it, you probably
53:12should have done it up here.
53:17At least for the way that I trade
53:18though. I mean, I'm sure like you can
53:21drop down to like a
53:24[ __ ] three minute or like a one
53:26minute or some [ __ ] and but like see
53:29like this type of uh this is kind of
53:31nasty. I guess this is not necessarily
53:34one-sided trade, but
53:39it's definitely more of an environment
53:41right now for me and how I trade where I
53:43just got to kind of like
53:45sit on my hands and
53:51just wait
53:57a DLP below. Yeah, it's uh it's all the
54:00way down here.
54:02This one is old though. Like
54:05this one.
54:09If we wanted to draw one out, we would
54:12[clears throat] have to go off of this
54:12swing low. So, let's say we're looking
54:15in this area now.
54:18Then what I'd have to do is probably go
54:20to 1 hour.
54:26And I had to go from this last push
54:30lower
54:32up to the highs,
54:35which I might actually draw this one
54:37out. But
54:40overall,
54:45hold on.
55:01The one that I'm really watching though
55:03is there's one there's a higher time
55:05frame one that's above these highs.
55:07Look, I'll show you.
55:11It's not on It's not on this screen, but
55:14I have one that's here. I'm just going
55:16to show you this chart.
55:21If you can see this chart, what what I'm
55:23watching on a higher time frame is I'm
55:26looking at this area,
55:32watching that
55:36So, I am watching that one. But
55:42the area like at least
55:45around here, I probably actually I'm
55:48going to remove this one.
55:53Yeah, orb shorts.
55:59do that, too.
56:09We've been stuck in this area for a
56:10[ __ ] long ass time.
56:28But yeah, you got to be careful trying
56:30to like this type of where we're just
56:33kind of slipping lower.
56:36You got to be careful trying to catch a
56:39reversal on this.
56:43There's probably a bunch of people who
56:44are probably like
56:47sitting here
56:50trying to reverse this and they might
56:53have gotten stopped out where I got
56:56stopped out and then
56:58maybe they try to do it right here and
57:02just got to be careful.
57:51But if I don't see any anything,
57:55then you know what?
57:57I'm just going to take the L. Take the L
58:00down 200
58:0370 or we'll say 300 across eight
58:06accounts.
58:07It's not bad.
58:09>> It's not bad. We can live with that.
58:12Or we could just short it right here.
58:13full size and try and make it all back.
58:28What I am going to do probably starting
58:29next week though is I have um
58:32I threw 500 bucks into my live account.
58:35I said I like created a $500 live
58:39account.
58:41We'll probably try and grow that.
58:43Do a small account challenge again
58:46because I did a small account challenge
58:48like uh over a year ago. I took it from
58:51like 500 to 2500 over the course of a
58:54couple months and then I just [ __ ]
58:57tilted
59:01and I blew it all.
59:04But I would say since the last time I
59:08did that, I would hope that I've I feel
59:11like I've had progression in how I
59:13trade. So, I think I have a better
59:15chance at doing a good um doing a good
59:19job. We'll try and get it. We'll try and
59:21get it back. We'll do the $500 to
59:24$10,000 challenge
59:27with the live account.
59:31So, we'll see how that goes.
59:33Uh, Panama. I'm using AMP.
59:36I used to use Ninja Trader, Trade of A,
59:38but
59:41I don't like their the data that they
59:44give you is you can't see the full book
59:48like right here.
59:51Oops.
59:56Trading View. I don't really trade on
59:58Oh, I don't trade on either of those.
1:00:11Yeah, amp am.
1:00:16It's going to start running now.
1:00:19[snorts]
1:00:37Man, what a move lower
1:00:40just straight off the open.
1:00:43250 points.
1:00:59Yeah, amp's pretty good though.
1:01:02I like them.
1:01:36I wonder if we're going to just push
1:01:38down and
1:01:42come all the way down here.
1:01:46That daily candle looks kind of nasty.
1:01:57Dude, you know who probably got wrecked
1:01:59today is all those guys who always say
1:02:01like
1:02:03the gaps always get filled.
1:02:07Gap gaps always get filled. We never
1:02:10leave a gap.
1:02:12I mean, we're going to go fill that
1:02:14later on, but not maybe not today, but
1:02:17eventually it'll get filled. But
1:02:20there is pro there's probably a bunch of
1:02:22people who tried to long it off the open
1:02:23to target that and just got smoked.
1:02:40Crazy.
1:02:56Just jumped off of a [ __ ] cliff, huh?
1:03:03Took back that entire move plus more
1:03:06from yesterday.
1:03:10And now
1:03:13we'll see if it's going to take these,
1:03:17which looks like it's probably going to
1:03:19do it, but
1:03:29there may be an opportunity for some
1:03:30lowhanging fruit to target that, but not
1:03:34right now.
1:03:39But yeah, that's crazy. That thing just
1:03:41ran and didn't look back.
1:03:46Not a single pullback this morning.
1:03:50Just jumped off a cliff.
1:04:05All right, it took the first one.
1:04:13I'm just going to take the second one
1:04:15right now.
1:04:17Jeez, how big is this off the open,
1:04:26dude? Dude, I hope somebody caught those
1:04:27shorts
1:04:29cuz I know I didn't.
1:04:31350 points.
1:04:35What a monster [ __ ] move.
1:05:37Can you fill my gaps? I just read that.
1:05:41>> [laughter]
1:05:44>> No, I think I'm gonna have to double
1:05:46that and give it to the next person.
1:06:01Damn, today will be the end of an era,
1:06:03huh?
1:06:05went on a crazy win streak
1:06:09and then it ends today.
1:06:16The good thing though is that like in
1:06:18the past when I used to go on uh
1:06:24when I used to go on a win streak in the
1:06:26past, the day that the win streak ends
1:06:27is usually the day that I blow an
1:06:29account. So,
1:06:32as long as I don't do that today,
1:06:37I think it'll be okay.
1:07:00It's insane.
1:07:06And then probably what's going to come
1:07:07after this type of drop is it's we may
1:07:10find an area to like range in or
1:07:13consolidate for a little bit until maybe
1:07:14the PM session.
1:07:50No signs of any buyers this entire
1:07:56this entire morning.
1:07:59We're coming back up into here. Maybe we
1:08:00could scalp a quick short.
1:08:11I'm going to try and go short right
1:08:12here, which is kind of stupid, but
1:08:16we just want to see us get past this
1:08:19low.
1:08:21And then I'm going to trail the stop
1:08:22pretty tight
1:08:25and see if we could just push.
1:08:28Well,
1:08:30we made back some of our losses on that.
1:08:35Just a quick little scalp.
1:08:42This is just like this area right here
1:08:43is just kind of dangerous to do that.
1:08:45But
1:08:47whenever we're dropping like this,
1:08:49sometimes what I'll do is
1:08:52which may be stupid, but
1:08:55when we open up, usually when I want to
1:08:57see us reverse, like I want to see the
1:08:59candle that's going to have the
1:09:01responsive behavior of like actually
1:09:02reversing, take out the previous
1:09:04candles, like at least wick past it
1:09:06before we pop up. So sometimes if we
1:09:08just open up and pop up and then in this
1:09:11case we came into a low volume node then
1:09:13I'll just try and grab a quick short the
1:09:17moment that we take these lows I just
1:09:19move it to in profit or break even and
1:09:22then it either runs or it comes back but
1:09:26it's like lowhanging fruit sometimes. I
1:09:28mean, it doesn't work all the time, but
1:09:32typically before we have a really strong
1:09:35reversal
1:09:37like tweezer I feel like tweezer candles
1:09:39and a tweezer candle, if you don't know
1:09:40what that is, is basically if we close
1:09:42like this on this candle and then this
1:09:45candle opens up and doesn't take this
1:09:47low and just immediately runs all the
1:09:49way back.
1:09:51It's kind of not as common, but they
1:09:52happen.
1:09:55So now we're down 120 bucks I think
1:09:58across eight accounts. 150 150 across
1:10:01eight accounts.
1:10:04So we knocked off a 100 bucks
1:10:07of our losses.
1:10:15How long did it take me to fix my
1:10:17psychology?
1:10:21I wouldn't say that.
1:10:24you necessarily
1:10:26fix your psychology. You just kind of
1:10:28learn how to
1:10:30you want a range in my hair. [laughter]
1:10:33I just think you you learn how to manage
1:10:35it. I used to blow like two or three
1:10:36accounts every single day. Um, when I
1:10:39first started trading,
1:10:44you know what's a if you if you blow
1:10:45accounts in one day and that's like a
1:10:48recurring theme for you, you know what
1:10:50um is just something good to tell
1:10:52yourself is that there's always
1:10:55tomorrow, bro. There's always
1:10:58tomorrow.
1:11:00You don't need to
1:11:03[ __ ] fight the market every single
1:11:05day. You don't need to be green every
1:11:07single day. Sometimes you'll just have a
1:11:10losing day. Sometimes you're wrong. Like
1:11:13that's just part of what we do every
1:11:16morning. You're not going to be right
1:11:17every day. And if you are right every
1:11:19day,
1:11:22[ __ ] teach me what you're doing
1:11:23because
1:11:26people lose. You know, losses are part
1:11:28of this. So, you got to just
1:11:32chances are if you're blowing accounts
1:11:33every day, you'll go you'll be in a
1:11:35position like that I was just in right
1:11:37where or that I'm in right now where I'm
1:11:40in draw down. I'm okay ending the day in
1:11:44draw down and there's a pretty good
1:11:46chance that I am going to end the day in
1:11:47draw down. I'm just trying not to make
1:11:49it worse. But if you're blowing accounts
1:11:52in one day, your your thought process is
1:11:54probably closer to like, oh, I'm in draw
1:11:56down. I need to get out of this. Like,
1:11:58let me look. I'm like searching for any
1:12:00opportunity. Let me drop down to lower
1:12:02time frames. Maybe I'll find a one
1:12:05minute fair value gap and I'm gonna
1:12:07chase the momentum lower at random areas
1:12:10to just try and make my money back. And
1:12:12then you just the more you lose, the
1:12:15more pissed you get. And then the maybe
1:12:18you size up because now you're like, "Oh
1:12:20[ __ ] well now if I want to make my
1:12:22money back, I gotta
1:12:24I gotta double my size and I can do it
1:12:26all in one trade." Dude, like that type
1:12:28of [ __ ]
1:12:30you're just going to [ __ ] sabotage
1:12:31yourself, dude. Like,
1:12:40you just got to be able to just take a
1:12:42L, dude. Just accept the L. Sometimes
1:12:50there's always new opportunities.
1:12:54every day. Almost every day could
1:12:57provide an opportunity. Could provide an
1:12:59opportunity. Not saying that it will,
1:13:00but
1:13:06I used to blow a lot of accounts though.
1:13:21So, like right now I'm down 150 across
1:13:25eight accounts. My mindset isn't so much
1:13:27to like
1:13:31make a bunch of money, especially that
1:13:32we're getting later into the
1:13:35we're getting later into the day. So,
1:13:38usually I stop trading. I have a hard
1:13:40stop for when I stop trading and it's in
1:13:4235 minutes. So,
1:13:45my mindset isn't so much like, oh, let
1:13:48me force something and try and get back
1:13:49into uh
1:13:52the green. I'm really just trying not to
1:13:55[ __ ] make it worse at this point.
1:13:58Our morning plan already played out. We
1:14:00just dropped like 400 points off the
1:14:02open. There is a chance that damn 440
1:14:05points. there is a chance that we find
1:14:08somewhere and we begin to balance out,
1:14:12meaning we range or consolidate.
1:14:16And just because you miss this move
1:14:18doesn't mean that you want to force some
1:14:19[ __ ] in some [ __ ] you know? But if
1:14:22there's like opportunities that I
1:14:24consider high probability, lowhanging
1:14:26fruit, I'll try and take it and I'll
1:14:29just move my stop to break even pretty
1:14:30quickly.
1:14:32And then um if those opportunities don't
1:14:35present themselves, then
1:14:38we just take the L and we come back
1:14:40tomorrow.
1:14:43Although this was like
1:14:46a crazy move down
1:14:50straight off of a cliff, dude. Look at
1:14:51the hourly.
1:14:53Oh, whoops.
1:14:56Look at the hourly. That's intense.
1:15:14So, I'm going to sit here for like
1:15:16another 30 minutes. We'll see if we can
1:15:18uh wiggle our way out of uh draw down.
1:15:20But again,
1:15:22only if we see something that I think is
1:15:24an easy
1:15:26an easy grab. Otherwise, I'll just end
1:15:30the day down $118. That's a good loss.
1:15:33If we if we lose and we actually stop at
1:15:36a hundred bucks,
1:15:39I'd be happy with that because
1:15:41if my winning days are much bigger than
1:15:43that, then [ __ ] dude. It's only 118
1:15:46bucks. It looks bad because of Trade
1:15:48Copia. It looks like I'm down $1,000,
1:15:50which technically I am, but
1:15:53it's not that bad.
1:16:19I am watching this area though right
1:16:21here.
1:16:24I'm going to see if we
1:16:28come back a little bit, have our first
1:16:31pullback of the day. I'm trying to see
1:16:32if that's going to happen right now
1:16:36or if we're just
1:16:38we're just going to [ __ ] melt.
1:16:41[snorts]
1:16:52We're level two of the DLP and we're
1:16:54also in a AVR plus. So, we're going to
1:16:56see if we're gonna
1:16:59catch some type of uh bounce,
1:17:05but we got to wait. We have location.
1:17:08Now we got to wait to see response
1:17:25and we'll see how this five minute's
1:17:27going to close. and the 15minute
1:17:33it tapped right into level two this DLP
1:17:35and then just popped up. So we'll see if
1:17:38it's going to have any type of follow
1:17:40through to take it back up at least into
1:17:43like this area. Maybe back to 25,000.
1:17:47I'm not expecting a V-shaped recovery
1:17:49today. That's for one thing. That
1:17:51thing's not coming all the way back up
1:17:52there.
1:17:57Well, if it does, I won't be here to see
1:17:59it because that if it does, that'd be
1:18:01[ __ ] intense, though.
1:18:28Dude, look at these 15minute candles
1:18:30though. No wick. No wick. Small wick. No
1:18:34wick.
1:18:35Tiny wick so far.
1:19:52So again, I'm watching this area. I'm
1:19:54going to see what we do right here.
1:20:04And if I if I happen to try and take a
1:20:06reversal, I would like us to come lower
1:20:11first and then pop back up. But if I do,
1:20:13I am probably going to move my stop to
1:20:16break even pretty quickly.
1:20:23Although the only thing I'm looking at
1:20:25right now is I would want to see this
1:20:2815minute
1:20:30get past this uh
1:20:35get past the previous 15-minute low-
1:20:38before we come back if we are even going
1:20:41to do that. Otherwise, we may just like
1:20:43fall and fall and continue all the way
1:20:45down over here. So,
1:20:49[snorts]
1:20:53my order at McDonald's, I don't really
1:20:54go to McDonald's, bro.
1:21:55All right. So, now that it took these
1:21:57lows, I want to see if we're going to
1:22:02stay above 838
1:22:05essentially and start flipping back to
1:22:08being bullish, which we have to wait for
1:22:10this five minute to close because
1:22:12there's about 30 seconds left and it's
1:22:14going to close kind of
1:22:18bearish unless it creates a massive wick
1:22:20right now, which I doubt. But
1:22:23so now I'm going to be watching now that
1:22:24we took these lows to see if we are
1:22:26going to pop back up. But I have to be
1:22:28careful because we are just falling
1:22:31lower. We're essentially looking for an
1:22:35area to step in front of a train, which
1:22:37you got to be careful.
1:22:41But if we fall, like if this fivem
1:22:44minute opens up, if this next five
1:22:46minute opens up right now and we don't
1:22:49get past this area
1:22:51and we just fall and we get past 840,
1:22:55then
1:22:59we're not going to we're not even going
1:23:02to try it.
1:23:57I'm going to go long right here.
1:24:01It's going to require a pretty big
1:24:04[ __ ] stop loss,
1:24:07but I'd like to give it a try. I just
1:24:09have the stop at the bottom of this uh
1:24:12candle. So, if it flips bearish right
1:24:14here, then I should wait for this to
1:24:16close. But
1:24:19whatever,
1:24:22we'll be we'll be down over 500 on the
1:24:25account, which would be nasty, but it's
1:24:27okay.
1:24:30Where did I enter it? Up here. Oh,
1:24:32that's disgusting.
1:24:35And then I would like to take it back to
1:24:37like 25,000 if we can.
1:25:02I didn't realize that the candle was
1:25:03that large. It was kind of bad, but
1:25:18All
1:25:27right, I'm going to move my stop to
1:25:28break even
1:25:30and we're going to hope that this starts
1:25:33to run here. It's kind of a bad entry,
1:25:35so
1:25:38we need to see a push, but I'll take the
1:25:41break even.
1:25:46And then as we move up, as we continue
1:25:48to if we do continue to push in the 15
1:25:51flips bullish, then we'll start trailing
1:25:54so that we don't end the day in draw
1:25:56down.
1:26:00And we'll see if it can continue to our
1:26:02target. But
1:26:06our target's going to be we'll put it
1:26:08here at like 8.84.
1:26:28All right, at this point I'm going to
1:26:29trail so that we cover any losses on the
1:26:33day
1:26:36and we'll see if we can ride
1:26:57Actually,
1:26:59I'm trailing I'm going to trail it
1:27:00harder
1:27:02to 350.
1:27:05Well, we'll trail it to here so we could
1:27:08lock in a $200 day.
1:27:13I would like it to just hit hard, but if
1:27:15it comes back, it's fine
1:27:20because the five minutes about to open.
1:27:26All right,
1:27:29cool.
1:27:31Come back, baby. Ah, the win streak
1:27:34continues.
1:27:39That was kind of a shitty trade. Uh,
1:27:41shitty entry though. But we waited for
1:27:44the and I trailed it just cuz I'm a
1:27:46[ __ ] but it's okay. So, the idea again
1:27:49was we're in location, right? So, if I'm
1:27:53watching this area, what I wanted to see
1:27:56was
1:27:58for us to wick past. Oh, you you can't
1:28:01see this was for us to get past this
1:28:07um and then if we started to flip back
1:28:10up and get past this low volume node
1:28:13like this area and we continue to push
1:28:18I was our full TP would have hit. I'm
1:28:20such a [ __ ] but whatever.
1:28:23But basically like once this started
1:28:26happening then I wanted to try and get
1:28:29into this. The only problem though is
1:28:31that we did have kind of a shitty entry.
1:28:34I didn't realize how large this candle
1:28:36was. I wasn't paying attention. So I was
1:28:40risk risking more than I really wanted
1:28:42to because I went in five micros. So
1:28:47um I thought I was only going to have to
1:28:50risk 300. In reality, I had to if stop
1:28:53was down here, I had to risk like 450
1:28:56bucks or whatever the [ __ ] it was, which
1:28:59if
1:29:01that turned around and took me out, I
1:29:03would have been down like 600 on the day
1:29:06across all my accounts. So, let me go
1:29:08check Trade Copia.
1:29:11So, we're basically up 200 on each
1:29:14account. Um,
1:29:17and just in time for
1:29:23what my hard
1:29:25uh stop is for timing.
1:29:31So, the win streak
1:29:34continues. Dude, I'm gonna keep show I'm
1:29:37gonna keep Dude, you guys got to see
1:29:38this [ __ ] dude. It's just been going.
1:29:42It's just been [ __ ] going, dude.
1:29:46It's crazy. I've never had a win streak
1:29:48that long. Now, albeit it's because I am
1:29:52milking like $200 days or I was. Now I'm
1:29:55trying to trade it normally again. But
1:29:58yeah,
1:30:00it's like seven weeks straight now at
1:30:02this point
1:30:04where it's just winning winning days.
1:30:07So, I guess I thought today was going to
1:30:09be the day where it ended, but I guess
1:30:10we got kind of lucky and
1:30:14we could have made more money. I should
1:30:16have held it. I was just being a little
1:30:17[ __ ]
1:30:20So, I got to work on that
1:30:25because if this candle we were somewhere
1:30:27around right here when when I got
1:30:28stopped out. If this candle closes like
1:30:31this
1:30:34and then the next candle flips the
1:30:36entire [ __ ] thing, then
1:30:40that's nasty. I mean, it probably
1:30:41wouldn't have happened before we hit.
1:30:46Yeah, if you're still holding it. I
1:30:48mean, the only thing I would say though
1:30:50is that we are in the previous 15
1:30:52minute, we need to get above this area.
1:31:00Yeah, good good job holding that. Not
1:31:02being a [ __ ] like me. This might come
1:31:04back up. Um,
1:31:10I would just be careful around the
1:31:1225,000 area.
1:31:15That was where my full TP was supposed
1:31:17to be at, like 25,000.
1:31:22So, we turned a uh
1:31:24$500 day or we we were supposed to make
1:31:27500 and basically
1:31:30only made like 200, but
1:31:36all right. Well, I got to run cuz I have
1:31:38some stuff I got to go do. Um,
1:31:42but we're green. We'll end the day up.
1:31:44So, we're up 200 on five funded accounts
1:31:48and up 200 on three evals.
1:31:53So,
1:31:55we are
1:31:59Yeah, these other these other evals,
1:32:01we're like halfway done with them. We'll
1:32:02try and get them done before the end of
1:32:04the month. Oh, [ __ ] it's tomorrow,
1:32:06actually. We'll try and get them done
1:32:07like the first week of the month.
1:32:10And then also I'm gonna start doing my
1:32:12uh small account challenge, which
1:32:16it's [ __ ] hard working with $500 a
1:32:18draw down, but we'll give it a shot. But
1:32:21if you're in this trade, you know,
1:32:25you can hold it and just trail. But I
1:32:27will catch you guys next time. Peace.

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