Trading roadmap for new traders
what is up everybody i got a question and i'm gonna answer it uh would you please consider doing a video for new traders with no previous experience uh a road map for the first year of trading i saw the dom video series but how should one progress after tick drills so he's referring to my order flow for beginners series we'll take a look at that in a little bit but he wants to know when you go from sim to live i do have a video on that um he also wants to know how do you build up from there so let's get into it um what i definitely suggest first and foremost is i can't really give you a road map i know that sounds [ __ ] crazy and the reason being is it depends what you're [ __ ] trading so first and foremost here's the road map i guess first and foremost you need to re research the key differences between products so what do i mean in this you need to know the difference between equities um cryptocurrency options forex and futures uh they're different okay what makes them different well with futures everything is on a singular exchange so therefore all of the order flow you see is going to come to one place therefore a depth of market actually works for futures futures is probably the only product where the depth of market is actually going to work uh when you're trading other things like cryptocurrency or equities there's multiple exchanges so therefore when you see a limit order at say the price of ten ten dollars there's going to be multiple orders at that ten dollar price across the different exchanges whereas ten dollars in futures you're going to see all the orders on ten dollars that's it and again in equities uh there could be you know 100 orders on this exchange 200 on this a thousand on this exchange and if you want to queue up into the trade you're gonna have to pick one of those exchanges i'm not an equities and people often ask me does order flow or the depth of market work in cryptocurrency not really um because much like equities there's different exchanges so you're gonna be not seeing all the orders like i would trading futures so equities uses a level two to display this data you can't really do a dom in equities i mean jigsaw trading and by the way if you would like to save 30 on jigsaw trading link in the description that's the platform i use for execution it really helps or if you would like to donate to my coffee page link in the description as well anyways it's not going to really work on cryptocurrency because there's multiple exchanges uh jigsaw does have a dom to where you can use it on equities but it's going to look a little weird and you need to trade specific stocks to make it works better and you can only use one brokerage house when you use the stock on the dom and it's just this whole weird [ __ ] um forex is not a transparent market from what i hear so you're not going to see the order flow at all and a lot of people think 4x is a scam because of this guys if you want a better visual reference of what i'm talking about watch this video down here uh where is it this one order flow in different markets uh watch this i show you a level two and how it's different in equities and just how the order flow is going to be a bit different um so futures is just honestly i think futures is a really good day trading product because it simplifies all that [ __ ] just being on one exchange so with that said i can't give you really a road map if you're not trading futures i especially the ese many because if you're going to be trading other stuff like bonds or crude oil those are just different i i'm uh i would i guess i'm a specialist meaning i just trade one thing that's all i [ __ ] know so this i can't even give a [ __ ] road map on that so what this will be is if i was to get into a delorean time machine and go back to the future and the fat cat now was able to talk to fat cat back in the day these are the things i would tell myself uh is it going to apply for you not necessarily uh because uh your journey is going to be very [ __ ] unique for who you are what you know your psychology all of that [ __ ] so i'm gonna try take it with a grain of salt next thing you need to do is comprehend order flow okay so what do i mean by that you guys have all probably seen the [ __ ] how to read a dom video if you haven't go watch it unless you know how to dom works and then watch limit order verse market order i'm surprised this does not have as many views as the dom video because you need to understand the difference between limit orders and market orders like you really do no matter what you're trading when you're trading cryptocurrency or even forex whatever your even options there are limit orders in market orders and by just looking at a dom in a futures market it'll help you understand what's going on in those other markets because those orders interact with each other exactly the same way they do in the futures market although there are multiple exchanges in these other markets so that's going to be a little different not sure how dark pools work either so it's going to be a little bit different but the concept of limit orders and market orders uh they are pretty much the same across any kind of market even real life uh for instance if i'm selling my car for a thousand dollars that means i'm a limit order and if you come and buy it for a thousand dollars you are the market order you hit my bid whereas if i'm selling the car for a thousand dollars but you don't want to pay a thousand you said i'll give you 900 for it well you're a limit order i'm a limit order and nothing's gonna happen there will be no transaction until one of us becomes a market order and hits the other guy so i can hit his offer at 900 or he can hit my bid at a thousand if i hit his offer that means i became the market order oh my voice like cracked i am going through puberty again as a 35 year old man anyways so with that being said limit orders and market orders are just how it is across the board when you go to the grocery store the price that's listed is the limit order whereas if you go to one of these markets where you can haggle well then it's not limit order prices you can become the limit order or if you decide to negotiate on a a piece of real estate or a car so really you need to understand order flow as a whole i think being able to see it in futures is a lot easier than other markets but then again i'm a specialist um so when i say comprehend the order flow understand how it influences the charts understand that when you're looking at a candlestick and you see a hammer pattern just because you see a hammer pattern doesn't mean it was created on the same type of volatility it doesn't mean it was created on the same type of volume uh the dom could have been thicker or thinner in that specific period so anytime you see these candlestick patterns and while they may look exactly the same it could have been created on wildly different types of order flow there could have been some guy iceberging in order there could have been a bunch of canceling of orders and that information is important and just understanding that all markets are being driven off order flow and all your price action and charts are built off of these numbers coming in through your time and sales and hitting the limit orders on the dom just understanding that is so [ __ ] important because that's information and information is power right if you have more information than the next guy you have an edge technically speaking obviously trading is a lot harder than that so you really need to spend time understanding this spend time researching [ __ ] spend time researching basic [ __ ] like technical indicators uh price action price action patterns order flow time and sales just consume a shitload of materials spend an ample amount of months consuming as much as you can about trading okay not just trading strategies but all sorts of other [ __ ] um from there get a feel for trading for about a week so get a demo and start trading for a week feel it out what does it feel like when i place a limit order what does it feel like when i put press uh the market order button uh like just get a feel for it because watching it is gonna be a lot different than playing the game it's like watching sports first playing sports uh it's different so get you need to get a feel for it okay after that tick drills trade tag record and review trades so i have a series in case you don't know called the learning to read order flow for beginners you start with this video you go to the part two and part three watch all three of them and i suggest you do exactly what i say in that series and you do it for a month okay again you don't have to like i really don't give a [ __ ] what you guys do but i was asked so i am sharing so spend a month doing tick drills without charts damn it um everybody uses charts don't use charts because you need to learn to read order flow and then your attention gets split your attention gets split between the chart and the dom and then you're not paying attention to the dom the purpose of tick drills is to learn to use specific order types in specific conditions when should i use a limit when should i use a market you should learn to use both not one or the other otherwise you're really doing yourself a disservice um you're going to learn to get faster you're going to learn not to have your cursor way to [ __ ] on the other side of the screen you're going to learn how to keep it in a specific area i definitely suggest when you do the tick drills watch my strike zoning the spread video down here so watch these videos in that order and then watch the strike zoning the spread video um so that way you can see what i'm looking at why i'm looking at what i'm looking at how i have my dom set up and why it's set up the way it is start trade tagging you're going to need some sort of journal software i actually want to pull something up like there's a really [ __ ] solid video uh that i think all of you guys should watch it's from smb capital um let me actually pull it up okay here it is yeah okay so let's go to smb capital it is this video um right here trading tools it's this video right here the purple one it's a newer video it's called trading tools how to see and adjust the title is [ __ ] cut off how does scene adjust how to see and make adjustments uh you need to add something anyways here let's just look at this okay so this i know it's a lot of colors and [ __ ] but this is a good way to create a trade tagging playbooking system uh in just a simple spreadsheet if you get uh jigsaw trading uh you'll have access to journal ticks it does i don't know if they're giving it away for the first year for free anymore but i would ask but when i got uh jigsaw they gave you journal ticks the first year for free um full access to where you could actually trade tag and [ __ ] there's other things like trader view and i'm not talking about trading view the charting platform trader view is a journaling software there's so many out there you're gonna need something otherwise you're going the old school way and honestly it's a pain in the [ __ ] ass so like having an a specific journaling software is actually worth the [ __ ] money but this guy he'll break down all of these sections it's day execution risk throughout this video and this is something you can actually just do in a [ __ ] spreadsheet this video is so good and then he talks about like the plays all that [ __ ] this is a solid [ __ ] video uh trade category the ticker uh the setup score a a minus risk expression all sorts of [ __ ] and he breaks down all of the little sections is such a solid [ __ ] video and i'm glad that this video came out recently um so this watch this this should give you a good idea of how to trade tag you don't need to go in depth like this so if you're brand new and you're doing tick drills i suggest um i suggest here let's just do it here i suggest you start tagging uh the trades uh just grade your entries and exits well actually you just need to grade your entries because you're doing tick drills so you shouldn't really need to grade your well you could grade your exits if you want so these are some tags i use feel free to copy them oh jesus so you can have uh too early so were you too early you can have good entry was it a good entry and my tags look goofy actually let's just do it entry to early entry good uh entry late uh chase trade and no reason oh jesus so you can use those tags and i suggest the first month you're doing your tick drills grade those entries like actually grade them and then what you can do is you can look at you could color code them like in this one video because he color code [ __ ] see how there's color coding up here it tells you what you know what does the color code mean so you could color code all of these differently in a spreadsheet so export your demo trades into a spreadsheet and then start color coding them so that way you can see if maybe you're chasing too much and then you can start to [ __ ] nip that in the ass um you want to record and review your trades you've got to record and review your [ __ ] trading session you've got to review you've got to record and review your [ __ ] trading session you know how many of you [ __ ] don't do that [ __ ] you know how many of you [ __ ] don't do that [ __ ] and then you go do it later and you're like i should have done it the whole [ __ ] time i've heard that [ __ ] so many [ __ ] times so i'm telling you to [ __ ] do it now all right otherwise you're gonna kick yourself in the ass nobody ever [ __ ] listens to me anyways so it doesn't even [ __ ] matter but this is what i would tell myself if i was to get into that delorean i would grab my shirt like this and i twist it and i'd be like hey [ __ ] review record review your trades and tag them and i'll be like okay okay so [ __ ] my shirt up yeah anyways do it you can use obs it is free what the [ __ ] is obs uh well let me pull it up for you just literally google it or duckduckgo it open broadcast software it is free download it streamers use it for video games get yourself a youtube account and then live stream privately to your channel that's how my channel started i didn't start this [ __ ] channel to [ __ ] entertain you people i started it to privately record and store my recordings elsewhere that's the beautiful thing about youtube is you can store massive video files elsewhere you do it on your computer if you want so do that for a month no [ __ ] charts again no [ __ ] charts no charts no charts why why no charts i told you already why should you because you need to pay attention to the order flow and it needs to start to become second nature in some ways all right where do we go from here journal visit visualizations and goal setting yes journaling the one thing that none of you [ __ ] want to do look this question was asked i'm [ __ ] telling you and if you guys want to sit there and finger pop your [ __ ] [ __ ] for years feel free feel free to do that but if you want to actually [ __ ] get somewhere do the work now because if you don't do the [ __ ] work now over time you're gonna eventually have to come back and revisit and doing do this kind of [ __ ] so get it done now or else you're going to prolong your [ __ ] learning curve everybody wants to be a traitor until you have to do trading work so you can literally do this at the same time you're doing this oh jesus you can literally do this at the same time you're doing this so write your [ __ ] thoughts down during the session am i getting [ __ ] pissed am i getting upset am i feeling fomo and then at the end of the week let's look at that is there a problem there am i noticing a pattern in my behavior because at some point the psychological aspect is gonna come and [ __ ] you it ain't gonna feel good and you didn't ask for it so you better [ __ ] recognize that and when you recognize that you're having some sort of issue psychologically let's set some goals let's set a weekly don't set too many goals do not set too many goals and continue to relentlessly work on one [ __ ] goal until you are achieving it i don't and dude if you set it and achieve it one day the first day you set it continue to do it for at least a full week okay and before each session i want you to visualize you achieving the goal meditate and then visualize achieving the goal because visualization is just as powerful as actually doing it okay so visualize it use a loop timer which is a timer that goes off as every five seconds every 10 minutes every 20 hours whatever you want to do and every time it goes off reconnect with your goal or you can do an audio recording of you talking about for instance i don't move stops i do not move stops i do not move stops i do not move stops and you can have that loop in the background through some sort of audio well if you got the youtube channel you can put it on there overlay it with some beautiful sounds like a stream or birds chirping turn it down to where you can barely [ __ ] hear it and play it throughout the session okay because we're gonna have to work on all the [ __ ] you're getting you're gonna you guys all make the same [ __ ] mistakes you guys all do the same stupid [ __ ] okay nobody's unique with your [ __ ] okay and you're gonna make uh [ __ ] stupid mistakes you're gonna start averaging in the losers and just chasing and just everything that everybody's done it i've done it okay i fortunately have never averaged into losers this never was really a problem with me if you're doing it you're gonna have to learn how to [ __ ] stop and if you don't actively work on trying to fix this [ __ ] well guess what you're going to struggle and you need to be creative you need to make specific solutions for specific problems and actively work on it until it's not a problem and during this entire [ __ ] process up until this point p l is not the [ __ ] goal man if you've not watched this video day trading why does it have a high failure rate how to fix this watch that video okay and pay close attention to what i'm [ __ ] saying in it p l is not the goal now is the time to learn it is your first [ __ ] year and if you're gonna try to make money in the first month or two you're gonna [ __ ] yourself it ain't gonna work you ain't gonna make money the first [ __ ] year when you're trading ese minis all right sure you might do it for a little bit but wait until the conditions shift weight from when we go high volatility to summer time or from the summertime the high volatility and when you experience your first [ __ ] market meltdown you ain't gonna know what to [ __ ] do all right learn auction market theory you need a trading system man my throat is dry and i just nothing in here to drink the show must go on learn some sort of system i suggest auction market theory okay because it's just it's badass it's it's a religion it's a cult if you want to drink the kool-aid join um learn as much about auction market theories you can possibly learn google it youtube it twitter it just comb through [ __ ] there's a book called mind over markets i have a video that touches on it if you really look at my channel there are very individual lessons it's a bit old it could be better it's this red video over here on the right go watch that okay so auction market theory learn it okay in the meantime you want to not learn auction market theory until after the month of tick drilling okay where do we go next so you want to do one month of scalping using auction market theory pr principles and you want to trade your tags tr trade your tags and trade tag oh okay so now you want to start to look at charts now you want to start to attempt to scalp and not pick up the tick because in the tick drill your job is to pick up a tick no more than a [ __ ] tick okay no more than a [ __ ] tick if you can get a little more because it just happened and go up that's fine but don't bend the [ __ ] rules you need to really focus on trying to do exactly what i'm saying when you're brand [ __ ] new and again i don't give a [ __ ] if you don't do any of this [ __ ] i really don't so it's up to you so and i kind of just made all this [ __ ] up but again this is what i believe in and what i would do if i went into the delorean time machine and slapped myself in the face and said hey let's not take five years to get good let's do it a lot sooner this is how so you want to grade your entries now what you need to do is start grading your exits here are some examples i hope you're screen shot and then taking notes did you exit early was the exit good was the exit late could you not react maybe the market just moved so fast you couldn't even do anything about it or did you move your [ __ ] stop again we got this video from smb so what we can do is start color coding if you're not using some sort of journaling software okay do that for a month now we're kind of moving from tick drills to actually trading some sort of principle okay next what you want to do is screenshot charts and make notes of patterns you want to do this at the same time you're doing this so now we're about two months and a week into our trading adventure obviously more you should spend a few months just learning up here but anyways this is when we actually got our demo account if you're using jigsaw trading again 30 bucks off my affiliate link down below and there's a coupon code after you use the affiliate link buy the product once and then what you can do is uh open up an account connect the trade data and then just demo trade for very little money for as long as you need to you cannot obviously you can use sierra charts as well if you would like that's another good alternative they have better charting than jigsaw jigsaw is trying to get better at charting but it's really what whatever you want to do you need to do the [ __ ] research anyway screenshot charts and make notes of patterns look for stuff that's making sense to you play book it mike bella fury has a book on playbooking okay read that book or go to smb and just type playbook so let's do that now so we'll go here type in playbook the pl there's just so much [ __ ] about playbooks stuff he has a book on it um this one's these videos are good where how what to become an elite trader but he has a he has a book out there somewhere called the playbook you can read it that's essentially what you're doing with this you need to screenshot your charts make notes of the patterns stuff that's making sense to you that you're seeing because you're going to have to somehow find edge and you're doing it again at the same time as this next so once we start in to find patterns and [ __ ] hopefully you're finding [ __ ] patterns now we're going to spend four months so a total of six months at this point you're gonna do advanced trade tagging and playbook for four months so now you're gonna excuse me i really need water and this is a live stream because i didn't feel like editing so what did i just do ah yeah so you can do advanced trade tagging so are my trades working better on the first test or a pullback okay my [ __ ] has weird symbols don't worry about it um am i reversing the position do i get in long get get out and then get back in short i want to know that how many tries are these taking one two three tries ten tries uh is this high volatility medium volatility or low volatility um am i getting in exactly at my playbook area or am i getting in somewhere else um are there multiple factors of support for my trade entry or are there no multiple factors of support these are all things i want to [ __ ] know okay so with that being said you need to be creative here's some more clean or dirty so what does this mean when i'm getting in are there specific levels above my price that might cause confluence or cause issues where the trade is not going to work out then it's sturdy if i'm getting into the trade is there nothing really in front of it that could potentially deflect it back then it is clean and these are tags i actually [ __ ] use so again the first month we did we're grading our entries the second month we're grading our entries and our exits okay now the next four months we're gonna make more advanced stuff you're gonna start playbook tagging your stuff it's a lot easier with journal ticks you can still use that smb method that i showed you with that one video um so where do we go from this point so while you're doing this you want to refine your setups you want to start to hold longer unless you plan on becoming a scalper but even really guys i i'm going to tell you that once i started holding trades a lot longer i just become way better scalping's cool and [ __ ] but don't be this micro scalper i find a lot of new people are micro scalpers and [ __ ] and i just find a lot of the better quality traders that are just making real money are actually holding their trader trades out longer yeah you can be a scalper and [ __ ] that's cool but even then you want to refine your scalping so while you're doing this you want to be refining your setups i want to can i hold longer this is the importance of recording and reviewing your trades this recording review never [ __ ] stops you continue to do this for the life of your [ __ ] trading journey okay so i want to start to trade only the best setups because after each month you want to really look at all your statistics do pullback trades work better in high volatility or medium volatility are multiple factor support trades working better than no multiple factors support trades um you know you just want to see where you're performing on average do i start to trade like [ __ ] after three four five tries or is one or is two to three tries perfect because if i know that information then i'll know where i can start to not hit the setup anymore if it's not working so do i need to take multiple shots in high volatility and in low volatility is it better to take only one shot at this these are things you want to do and when you're doing your monthly review you want to spend a tremendous amount of time looking at the individual tags and stats and the individual setups because now you're crafting your edge and trading edge setups with actual statistical edge um [ __ ] dude it ain't easy and it takes time and i've thrown away starting this year i threw away like 75 playbook setups they just didn't happen every [ __ ] day so trying to find a setup with edge that happens pretty much every [ __ ] day is not as easy as you think this is going to be a majority of the problem and also when you're doing this you need to try to trade without emotions you need to try and take the trade excuse me you need to try to take the trade exactly the way you're supposed to take the trade when you're supposed to take the trade and that's it because if you don't and you start chasing it or trading on emotion uh you're going to [ __ ] your statistics up and then you're going to really [ __ ] up the ability to see if your setups actually have statistical edge because you keep [ __ ] around and i don't give a [ __ ] if the trade fails three four five times in a row keep trading it the way you're supposed to because that's the thing if you're gonna flip a coin and you make a dollar and fifty cents every time it lands on heads and you're gonna lose a dollar every time it lands on tails well who wouldn't take that [ __ ] bet you're gonna come out on top if you flip the coin long enough right the problem is you might [ __ ] land on tails [ __ ] 10 times in a row so it's going to take five flips just to make that back right i don't know my math is kind of [ __ ] up so understanding that trades with edge and just understanding the casino principle is so vastly important it's like when you go play roulette at in vegas right they have a statistical edge not by much because you have red black or the green double zeros and that is a 51 edge and if they spin that long enough they're going to make money so that's the thing traders tend to [ __ ] up and throw away setups because it lost two three four times in a row well why is it because the volatility isn't right is there something else going on that makes this setup not good right now and when it's good when is it good because now i got a shift because you're you're going to need a different bag of tricks depending on the conditions you really are your approach and the way you do it is just going to change as the market environment changes and that's the problem you're not going to just walk in the front door start making money in the first three months because the condition shifts will happen and when that happens you're gonna get [ __ ] up anyways so you wanna refine the setups this is happening at the same time as the last two you want to keep refining your trades until consistency and efficiency is achieved so you want to start to see consistency in your trading and you're going to stay on demo as long as [ __ ] possible in my opinion again you don't have to [ __ ] do what i say and i don't give a [ __ ] because most people won't and then they're gonna [ __ ] cry and complain that they can't figure it the [ __ ] out this this is a job okay you're not gonna come in here and make millions of [ __ ] dollars or even six figures just being lazy about it every ow [ __ ] everybody wants to be a trader until they have to do trader work all right keep refining your trades until consistency what does efficiency mean you're not scaling and here's the thing trade the demo don't trade demo on micros [ __ ] that [ __ ] trade actual e-minis because once you achieve consistency you can go to a combine and get funded okay go do a combine and get funded trade at least two to three lots right trade anywhere between it's harder to trade a one lot than it is too because it's so much easier in my opinion to scale the trade as it's working in your favor the more lots you have on the easier it is to scale outward don't be trading 10 20 lots practice with a realistic number but practice was slightly more than one lot two to three to four lots max demo trade that so that way you're comfortable with the p l swings and you can see roughly what your drawdown would be and if you do a combine you can do the appropriate combine so maybe do one that allows you to trade 15 lots because you want to get a a bigger draw down and if you know you can stay within a 1 000 draw down limit on four lots then do that so become efficient though that the efficiency is huge this is something i'm still working on i'm not scaling up past my four lots until i can start to squeeze more out of the trade i want to draw down less and squeeze more out of the trades because there's so much more room for improvement in my specific trading and once i can become a lot more efficient with my trading i'm gonna make more on the same amount of size because if you start to try to remedy the pro you can try to remedy it by adding on size and to make more but become efficient becoming efficient is going to really help you in the long run so draw down less and make more on your trades learn how to run them further learn when you need to start cutting them become more efficient with what you have and when you do it's going to make a world of difference when you start to scale up size so once you're starting to see consistency we need to zoom out give me a second guys because i i'm in the way there we go okay live trade a plus sets a plus setups only switch to demo for lesser setups so once you really start to identify what your a plus setup is live trade it you now if you're been trading three four lots did you may want to do it on one lots two lots maybe or maybe you can skip this step and go to a combine so instead of doing these a plus setups i suggest go to a combine i don't care if you have the actual bankroll i suggest you do it because it it's better to lose somebody else's money than yours and i didn't write that in there i definitely suggest you go to a combine pass it feel what it feels to trade real money because unfortunately throughout this entire process you're not going to understand that feeling until it really happens don't do it on your own money if you want you can make sure you know what your a plus setups are at this point you should be confident in what your a plus setups are you need to build consistency efficiency and you need to be confident with your a plus setups so that way if you do choose to trade your own live money uh it's not going to be as scary for you because you understand the setup you're confident in the setup if you're starting to choke and freeze up and have problems you need to write that down in your journal and what you need to do is immediately switch back to demo and it's going to be uncomfortable but you have to attempt to do it if you because that's the thing you might start live trading and you may take two three four losses in a row but if you know the expectancy rate of your trade and you know it actually has statistical edge well you need to continue to flip the coin until it starts to work out in your favor only a plus setups you want to go back to demo on lesser trades okay and then after that once overall consistency is reached and you're starting to get comfortable with actually live trading a plus setups and it's not so scary for you anymore then you can go to full live trading there is a catch you want to go back to demo during unfamiliar conditions we'll go back to that so you can look at it you want to go to demo in unfamiliar conditions if you just now started trading and the conditions change and you don't really get them don't lose money in this go to demo figure it out and then you can rework some of these other steps because like i said you're going to need a whole different approach a different bag of tricks when you approach the different types of conditions the way i trade now in this volatility isn't going to necessarily work when the summer time comes around if you've not experienced something like the covered crash you're not going to be able to do it you don't have any experience doing it you're going to struggle so you need to be on demo and you're going to lose a tremendous amount of money in incredibly high volatility environments with a very thin book so switch to demo man there there's no just going live and not there's no point just going live and you don't oh i don't go back to demo i'm just gonna lose money [ __ ] no go back get confident again it's okay you don't need to go live and then never go back another reason to go back is if you're having back-to-back losing days are you having back-to-back losing days are you going through a slump go back to demo get confident again maybe something maybe your approach needs to be different let's not lose any more money let's stop bleeding and figure out what's going on and fix the [ __ ] problem don't continue to lose it if you're doing a new strategy if you're developing a new setup or a new strat switch to demo on jigsaw it's super easy again 30 bucks off link in the description it's super easy to bounce between different accounts all right go back to demo to develop a new strategy i see something new let's not piss money away on that we need to be just trading the best setups anyways we don't need to be trading [ __ ] setups all you need to do is get good at one specific setup that's all you need to get good at to make money in this business and then scale it up but if you want to try something new don't experiment with live money okay another reason to go back to demos if you're going to trade a new product if i've been trading ese minis and i want to go trade [ __ ] nascrack i'm sorry nq nasdaq and don't trade the same let's [ __ ] around with it on demo because we're gonna have to adjust our stops and all sorts of [ __ ] the order flowing crude is really weird bonds are super slow certain setups may not work in those markets so that's when you should go back to demo now meantime while all this is happening reserve one day of the week to do your tick drills don't stop doing your tick drills continue to do your tick drills for me it's usually every monday afternoon no charts let's continue to refocus because then at some point when we're trading these setups and [ __ ] we might we might stop reading tape it's like a batter going into the batting cages you're going to practice and that's the thing just you're doing this professionally and that you're a professional athlete when you do do this you need to still set aside time to practice okay and going back to tick drills one day out of the week do it because so you can reconnect to order flow because you might stop paying attention to it and you're just trading setups and then you go back to it and you're like oh [ __ ] i've been blind okay it's like a a professional baseball batter going to the batting cages to just practice there's no point in trying to and that that that's i think that's very valuable so you continue to do that what i'm gonna do is i'm gonna get rid of myself uh so you guys can take a screenshot so if you want this take a screenshot of it right now pause the video and i'm coming back okay with that said that is what i think the path would be for a brand new trader within the first year probably going to take you more than a year because you're going to get caught up somewhere in these middle steps so again research different products comprehend order flow get a feel for trading for a week do a month of tick drills trade tag the entries record and review the trades because if you're not recording and reviewing the trades you're not going to learn [ __ ] journal do visualizations well journal do goal setting and then visualize those goals i gave you examples of what to do in the video rewatch it if you don't remember learn something some sort of system i suggest auction market theory one month of scalping using auction market theory principles start trade tagging now you're going to trade tag your entries and your exits on the tick drills you're just doing your entries because all you're doing is picking up a tick now we're trying to scalp and we're trying to scalp for more than a tick probably didn't mention that earlier but try to get more than a tick at this point hit better scalps because what you want to do is i think it's i think a lot of traders are backwards in the sense they want to take big trades first i think it's important you learn how to scalp and start off small and start to push the trades out further and further over time so start small tick drill tick drill scalp scalp scalp bigger trades bigger trades bigger trades bigger trades bigger trades so we're going from here to here to here and boom okay we're not trying to just go to here okay screenshot charts make notes and patterns this is basically playbooking it can be very quick it's up to you advanced trade tagging and playbook for four months while you're doing that refine your setups hold longer trades trade the best setups only continue to refine your trades until consistency and efficiency is achieved start to live trade or go to a combine your a plus setups only switch the demo for lesser setups once overall consistency is reached full live trading but we can go back to demo during unfamiliar conditions or if we have back-to-back losing days we're in a trading slump if we're experimenting with a new strategy or trading a new product okay we're trying to preserve our [ __ ] capital here we're not trying to make all this money and then do this ballsy gutsy [ __ ] and just [ __ ] it away on stupid stuff okay the goal is to make money not to [ __ ] lose it and i'm a very i would consider myself very conservative and i ease my way in and what i just showed you is how you dip your toe into the water to see if it's okay and then you slowly go in instead of just diving in and getting [ __ ] up and having no idea what has happened okay so i hope you guys enjoyed that hopefully that made sense let's look at these videos again on my channel videos i think you guys should start to watch uh definitely this one the how to read a dom the limit order versus market order um the volume profile videos are very old they sh oops they need to be updated go ahead and watch both of those uh this one's good trading with the whale i don't remember the trade management video i think that might be good i think i talk about managing by hand which i still do um let's see what else uh trading the news is interesting gain edge become faster i would watch that um what a advanced order flow what a scalping session really looks like this is actually a really good one it's older i don't really trade that way anymore but i would watch that i would watch all three of these advanced order flow two and three again they're older um trading gap tpo introduction this overnight gaps are a setup uh edge you can try to develop um i do have playbooking videos i think they're a bit dated you can look at them how to handle trading frustrations take a walk when to go live with trading again these are older videos um spoof definitely watch that one auction market theory you're going to want to watch that one um if you want to see what covid looks like and what i started to do you could watch that potentially definitely how to read time and sales um this is when i start to go long term let's see here we go this is a better trade management why managing trades by hand makes the difference so this one's actually better uh this newer stuff you're going to want to be more into so definitely watch my zen series videos oh you definitely watch part one two and three there's a playlist fury this uh changing gears is a good one definitely the support and resistance one this one uh is okay playbooking from scratch this is a super long series but it's pretty good fighting for price so this fighting for price video definitely how to create a playbook template for free yes um this sweet spot video definitely a hundred percent watch that one um advanced tape reading yes obviously the order flow for beginners this x key one is good as well if you want to know more about the macro pad uh so from this point forward from big absorption from here all the way down i would watch all of these so i'm a bit iffy on some of these other ones you can if you'd like it's all good but definitely from uh you know pull back continuation trade the big absorption even the footprint from here don't marry a trade yes trading context is a must i don't know why there's only 1.7 views on that trading slumps is good but i would from there from from big absorption all of these all of them you don't have to watch the 5000 sub if you don't want to when to roll over probably yes um and behind me is my 2022 year in review so and you can watch this if you're interested i would the one with uh frozen because he has trading edge in that that's actually working and it's still working even though that's a two month old video so those are just some videos i suggest um context is huge that's probably one of the most important ones so with that being said i hope you guys enjoy it i hope maybe this gives you a road map i don't [ __ ] know but i will see you in the next
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