# Profitable Intensive Trader Day 2 **Channel:** Tom Camp - Professional Day Trader **Source:** https://www.youtube.com/watch?v=FRgwrhWAeUE **Transcript page:** https://www.withtranscript.ai/video/FRgwrhWAeUE ## Chapters - 0:00 — Trading Simplicity and Repeatable Patterns - 3:23 — Manipulation Checklist and Trade Setup - 6:34 — Bias, Momentum, and Market Direction - 11:46 — When Targets Fail, Wait for Better - 16:24 — Lower Time Frame Entry Techniques - 23:39 — Swing Points and Candle Formations - 37:20 — Real Trades, Losses, and Re-Entries - 43:51 — Risk Reward and Realistic Expectations - 53:10 — Funded Accounts and Risk Management - 1:06:01 — Compounding Wealth Beyond Trading ## Transcript **[0:00]:** You guys have gone away and practiced this specific move that we're, that we were talking about with regards to identifying manipulation in the market. Just let me know in the comments. If you did backtest, if it is something you did back test, if you did backtest it as well, did you notice really good results or not even really good results? Did you notice a light bulb moment, if that makes sense. Did you notice things that we're like, can you see a future in this? That's what I'm trying to say. Can you see where it would finally click and, and did you see how easy and simplistic it actually was? So that is the goal of trading. That is the goal of trading, to keep things as simple and easy to understand. Because the market, okay, it doesn't care. **[1:01]:** It does not care how smart you are. It really doesn't. The market does not give a toss how clever you are. It does not care how much you know about the market. We are not. **[1:18]:** So when you go to Wall street and you look at all the market mechanics that, the reasons behind why people are buying stocks and shares and options and data, and if you, if you try and research things called, if you, so if you research something called circular financing, for example, you'll see the market is often heavily manipulated to inflate the price of the stock. So for example, Tesla, if Tesla's got no, if Tesla's losing its value, other AI companies or other, other stock companies will buy more. Tesla to inflate the price, to convince us, the small people, to buy more. So there's always so much corruption and things like that going in the, going on in the market. But as far as we're concerned, that's not our bother. We don't care about things like that. We're not trying to reinvent the wheel. We are just trying to identify a very repeatable pattern. **[2:08]:** So by a repeatable pattern, what I mean by this is something that happens in the market over and over and over again. That, that is the only thing we're looking to identify in the market. **[2:26]:** And if you look at your, at your charts again, if you did this yesterday, the specific manipulation play that I was basically showing you yesterday, you can see here with all these plays is a specific pattern. And why, why is this a, a specific pattern in the market? For example, this manipulation high right here, why is that considered an edge alone in the market? Because it is repeatable. The exact same candle like this. **[2:56]:** And again, this is a bullish example right here. This exact candle happens on a frequent basis. Maybe not every day. And we're looking at this on the four hour time frame. So we're not looking at this on the 1 hour or the 15 minute or anything like. We're looking at this on the 4 hour time frame and this pattern comes up. So that is a repeatable pattern. That is all we're looking to, to identify here. **[3:23]:** So with regards to identifying manipulation, obviously that was part of the checklist, wasn't it? We look for number one first. **[3:32]:** First things first, manipulation. So I, I was looking, I saw manipulation on pound here earlier. Okay. If you're in the WhatsApp channel, I put this, I put this in before it played out. So it's quite interesting. **[3:45]:** Okay. The next thing is, is it valid? So is that a manipulation candle? That's the next thing we're obviously trying to achieve in this example here. That has to engulf the previous body. **[4:00]:** It has to close to the upside. If that happens, great. So, so then we look at the third thing which is the bias. Have we got good bias? Have we got good momentum? Let's just say for argument's sake we have. Which brings us on to the next thing is targets. Have we got a target to help us achieve at least a 1 to a 1.5, something like that? If the answer is yes, you basically, you take the trade. Now if you're taking this trade basically in this example here, your stop loss is going to go here and your entry in this example up here is going to be like that. **[4:48]:** So your trade is actually very, very easy. Okay. And you would target at least a 1 to a 1.5, something like that. That is all we're doing with this, this alone. And again, you can see how many things I believe I shared one on bitcoin earlier and this was actually this candle hadn't even closed. If you're in the WhatsApp channel, okay, look at this. That was the manipulation that you see right there that created a low. And because we're doing this in the four hour time frame, I am looking at this market and I'm basically coming to a conclusion decision that we're basically, this is only going to happen once today. Manipulation should only happen once. And I'm hoping that that's basically the lowest point of the day. So if you trade Bitcoin as an example, you could have your stop loss right here and your entry would be on the four hour here. **[5:50]:** So on the new four hour candle. So that's your entry right there. And, and then as long as you obviously have targets. So look There's a couple of targets obviously playing out up here. **[5:58]:** So this takes seconds of work. This, this takes seconds of work. And you, you would be, you would have made, you could have made a 2 to 1 today. If you put 2,000 pound on this trade, you make back 4,000. If you put 5,000 on this trade, you make 10,000. **[6:18]:** A lot of your friends probably don't even have more than 5, 10K sitting in Bitcoin right now. And you're, you're taking consistent profits out the market basically just utilizing this exact same thing. And this is, then, this is a repeatable pattern which is exactly why we do it. **[6:34]:** So now if no target, we need to discuss this because this happens today on gu. So what I mean by no target is risk reward isn't worth it. **[6:51]:** Now I'm going to talk about risk reward as well. So don't worry. So if this situation happens, we then need to identify a position on the lower time frame which is exactly what I'm going to walk you guys through here. So again I'm saving all of this here. So this is all going to be added into some of the surprise stuff that you're going to be getting at the end here as well. **[7:13]:** Okay, so we know is everyone, firstly before I talk about the lower time frame and by lower I'm not going to go to the one minute. Is everyone comfortable looking for this pattern? Is everyone comfortable here looking for this pattern? So you are going to take these trades on the four hour time frame if the target presents you with a one to a one and a half at least. Okay, that's, that's what we're obviously looking to do. **[7:39]:** So that would be a 1 to 1.5 or something like that. So that's, that's essentially what I'm looking to try and achieve with this. Now let's just say, I mean let's market, let's look at this in real time because this was a candle that literally presented today and I'll show you what I do every day. I'll show you how I approach the market every day. So don't worry. **[7:59]:** Okay, let's just, let's just look. This was the candle that was printing. And again I put this in the WhatsApp channel today. I said look, we have created a new low. We are all the way down here. **[8:15]:** So that's basically me saying that this is hopefully the lowest point of the day. That's what I'm hoping for. Does that make sense? I'm hoping this is going to be at the lowest point then that happened in the London session. So it doesn't mean I can't trade in the New York sessions. That is exactly what I did today. So we've created this low and again, because we know based on yesterday, the market will go lower before it wants to go higher. And it will go higher before it wants to go lower. Think of it as just the opposite thing happening all the time. So this was obviously today, obviously as of today you've actually had, you've actually got a new one which happened. **[9:03]:** This candle started about an hour and hour and a bit ago, whatever. But we have this candle to work with, it's closed up here. Now the next thing we've obviously identified is, is it valid? Yes, we know, we know this candle is valid. Okay, how do we, how do we know that this, this candle is valid? Because it's engulfed this high all the way up here. It's closed all the way up here. So that's a valid manipulation candle. So then we need to establish what, we need to establish the bias. Okay, do we need to establish the bias? So again I'm looking firstly on the four hour time frame and I'm thinking to myself, right, let me count the last 10 candles. Fine, five candles, seven candles, like however many you want. So we go 1, 2, 3, 4, 5, 6, 7, 8, 9, 10. **[9:53]:** Well look at these huge, move higher for starters. You've got 1, 2, 3, 4, 5 candles out of maybe three are bearish. **[10:05]:** So in this example now on the four hour time frame, the bias is actually making a lot of sense. And then I go to the daily time frame as well because the daily time frame realistically needs to correlate with the four hour time frame. So I'm using for bias, I am using the daily time time frame and I'm using the four hour time frame. That is it. I'm not looking at the one hour at the moment, I'm not looking at the weekly, I'm not looking at the monthly, I'm not looking at anything else. I'm looking at two time frames to help me establish the bias. Because these time frames together establish current momentum in the markets. So with current momentum in the markets, what that is basically saying to me is this thing is going higher whilst this thing is printing higher and higher and higher. **[11:01]:** What we're trying to do is grab a piece of it, I'm trying to grab a piece of this market and if I can get three goes of this market and it continues to go higher, I'm going to keep Buying until I'm actually wrong, and then I'm going to lose this trade here. But because I've lost one trade and I got this wrong, I've still made money on the trades where I was guessing the correct bias. **[11:26]:** And all I've done is I've gone by the momentum as well. So if we look here, we're pushing higher Since Thursday the 15th, it's now the 21st. We've gone bullish. Bullish. One bearish day, huge bullish candle. And then today, bullish candle, one small tip for you. **[11:46]:** Okay, One small tip. This should really simplify a lot of things here. Let me just have a sip of water because we are diving in. Like I said, there's no. There's no PowerPoint, like, breaking it down. This is just live chart action. Hopefully I'm breaking this down for you guys. Okay? Hopefully you're enjoying this. **[12:05]:** So let's just say, for argument's sake, all right, we've got. Let's just say this is a huge candle, but this is a mass. Everyone see these candles? Like, there's, there's one right here. Huge candle, huge candle, huge candle. Can everyone see those candles? Right the next day, this candle prints. You never need to go bearish, though. I am not shorting a market when we're after a huge, bullish day. I don't care what the smaller time frame is doing. **[12:41]:** I am never going to short this market. I will long. I will go long on this market even if I am wrong. Does that make sense? So if I see. Look at these huge bearish candles. Huge bearish candle. The next day is bearish. It's got to be even still, I'm bearish. Maybe I was wrong in here, but look, we kept up. We went so far down. And then when price is moving sideways, I just stay out of it. But if you're trading, let's just say, for argument's sake, you're looking at this specific candle here and you think, I'm going to count the last 10 candles all the way to here. Well, let's count this. Look. **[13:23]:** Bearish, Bullish, Bullish, Bearish. Bullish, Bearish, Bullish, Bearish, bullish, Bearish. But there's no way that you can. You can anticipate the direction. So this, these, this week on. On pound futures is a no trading week. You're just not trading. You're not taking trades. And this is the part a lot of people struggle with. A lot of people can't handle the thought of not taking any trades on a day by day basis. **[13:51]:** So you go into the markets trying to force an opportunity in the market even though there isn't one. Which is where a lot of your losses are currently coming from. Which is all about patience. The market is genuinely, you get paid to wait in this industry. But yeah, little tip, if you, if you see a huge candle, bullish or bearish, you're gonna be, you're gonna be going in the same direction as that candle. **[14:15]:** So let's go over to the four hour time frame. We've got the bias next. So they're the three things that we obviously have in place. Okay, manipulation valid. Yes, three bias. **[14:33]:** So we have those things in place. The next thing that we have here is target, is the risk reward worth it? So I'm looking at this now thinking where is this thing gonna go? What is going to happen with this specific trade? Because I know that the entry of this four hour candle is all the way up here and the stop loss is down here based on what I've shown you. **[15:03]:** And because of that I'm trying to get at least a one to two or a one to one and a half, something like that. So let's just say that, let's just say that. So that basically means for this to work we need to really just get to a random place. Now I could easily have a look to the left and think right, is there anything here that this could go to? I might, I might consider this high here, but this high was back in September 16th a month ago. Over a month ago. I'm not interested in price action. Happened a month ago. I'm looking at price action that is happening right now. I'm looking at momentum. **[15:40]:** This target does not exist. So I am looking at the nearest available target and that basically is this specific high right here. Does that make sense when I talk about targets? So if I'm taking this trade now, I am bringing the take profit level all the way down. And that is the risk reward worth it here, not worth it. **[16:14]:** So we don't take this trade, which means we move on to the next stage which is look at the lower time frame because we can still try to achieve this target. **[16:24]:** But I need to bring this entry a little bit lower to come down. That's, that's what I'm looking to do here. So I always like to mark out first and foremost the high of the four hour candle that's been firstly created. So this here is your four hour candle high. **[16:51]:** Once we have that, I would basically like to mark out the lowest point of that candle which is all down here. And then what I'm going to do is just kind of delete everything because we know this candle is valid, we know that this candle has happened. I don't need need anything other than the high and the low because now I'm going to start moving to a smaller time frame. And in this smaller time frame now is where I'm basically looking to try and achieve an entry that sits within the market. **[17:25]:** So the entry that I would basically want to try and find here is a retracement. **[17:31]:** So very, very easy. If we look at what's known as a trading range, it's a retracement to then move higher. And there are a couple of things we can do. Let's just say I wanted to get involved in the retest here and I'm going to blast through literally maybe three or four different entry type techniques you can use. But I'm going to show you my favorite one and if you come and work with me at the end you'll. This will be an entry model that we do. We did today. Literally did it today. I'll show you. So this here is now where I, I measure. **[18:03]:** I'm going to get here the trading high. So this is the high. Okay. And this here is your low. So we have a range of price that we can use here and we basically want price to do something. **[18:22]:** So when I move down to a, and I'm calling this a one hour or 30 minute, not three minute, that's be awful 30 minute time frame. And believe you me, you get so many high quality trades with these time frames. You don't need to go any lower. Trust me, you don't. I think maybe once or twice this year I've traded on the 15 minute time frame. Last year I traded a lot on the 15 minute time frame. But this year as I evolve, as I live more of my life, as I do the things I want to do, I'm trading on the one hour or the 30 minute time frame and I'm getting plenty of good results on here, trust me, in the day. So you can pass your prop firm accounts with no overnight holds or anything like this, utilizing this. Okay, so we have the high and the low. **[19:12]:** This, this would be typically your entry because that's the four hour candle, high and low. **[19:18]:** I need to measure this range. So I'm getting a, what's known as a fib tool out now. This fib tool is a measuring document. It's a measuring tool and it basically measures certain levels of the high and the low of the range. What this basically is here is showing me where half, where halfway across that range is 50%. **[19:40]:** So one thing you can do to give yourself better risk reward is you can bring your entry to 50 of that range. So if I do it in this example here and I physically measure from top to bottom, instead of entering what was it up here, I'm keeping my stop loss there, but I am bringing this to 50%. And now that risk reward looks better, it looks a little bit easier to work out, but you can go even deeper here as well. I've got updated levels that I use and these updated levels basically show what's known as an ote. So OTE is optimal trade entry level. **[20:37]:** All this is, okay, all this is, is a certain key level where the market is known to retrace to. So a lot of the time price will react at these levels. So in theory, anywhere in the red. So 71% you can take to trade from. So if I now turn on this here, for example, in theory you can enter the specific trade there. **[21:08]:** And now instead of a really bad risk reward, you could have a one to three. Now for anyone asking for my fib levels and the exact levels I use, I'm going to talk to you about that at the end. So don't worry. No one here is, is going to be missing out. All right? **[21:29]:** No one here, no one here is going to be missing out. So there's two entries already. The other one, without using fib levels or anything like that, is to go to a one hour time frame and just see if there is an imbalance sitting below it. What we spoke about imbalances yesterday. So that would be where you would basically just pull your entry into some form of imbalance. **[22:03]:** So I could go down here and I would see, look, there isn't an imbalance here. But let's just say for argument's sake, there was an imbalance sat inside here. Maybe the entry can be at the imbalance because what did we say happens with price? Price will rebalance into imbalances and it will target highs and lows. Does that make sense? **[22:33]:** So now we know that if we see the four hour candle now you mark out the high and the low and you just go down to a one hour time frame and you see if there's an imbalance that you can potentially bring your entry into. So that is one, two, three ways you can enter the market. Three specific ways. And I'm going to show you more. All right, I'm Going to show you more as well. **[23:06]:** But there are three ways that you can enter the market in terms of which is the most powerful? Neither, they're neither here nor there. You have to now get good at identifying the ones you want. So like for example, if you follow my trades every day, the trades I take comes, I'm. I'm mixing it up. So sometimes I enter on the four hour time frame, sometimes I enter on an ote, sometimes I enter an imbalance. What I'm trying to train you to do is to, is to think like a trader would think in probabilities. **[23:39]:** Because sometimes based on the candle, based on the entry, based on where you want to go, based on where your target is, that will determine how you want to enter. I'm going to show you my favorite form of entry. Okay. I'm going to show you my favorite form of entry. **[23:57]:** So what we have. Okay, if, let me do this in a higher time frame, there's certain things you can use him. Let's just, let's just look firstly, and this is, this is, this is called swing points. Okay, first things first before I start talking about swing points, because this is where we go deeper. **[24:24]:** Am I making sense so far? Is this clicking nicely with everyone? Is everyone happy? Good. Everyone's. Everyone's all right. That's good. Good. I care, I care about you guys. I want you guys to be good. I want you guys to be happy. So let's say for argument's sake, price action is tumbling down. We need to identify what basically creates a new range. Okay, Now I'm going to teach this to you in the next 30 minutes. What I have a whole module on, does that, does that make sense? **[25:04]:** So there's a lot of information's about to come to you guys. Okay. **[25:10]:** When price is moving lower, let's just call it here, for example, okay, what this is actually doing is taking, is, is moving lower. You can see here in these candles are printing. They're moving lower. Everyone should know realistically candle highs, candle lows, what creates a candle. So if I see patterns like this, we're moving lower. **[25:41]:** Now the lowest point, which is right here in this example, is a swing low. Very, very easy to understand. Okay. And in a bullish environment, the highest point that would basically be created all the way up here now is going to not be a swing low, but instead of being a swing low is a swing high. So to create a new swing low, for example, in, in this example right here, a, a new candle would basically have to print. **[26:29]:** And as soon as it opens and comes lower, no matter where this candle closes, a new swing low has happened right here. Does that make sense if the candle has a little retracement, leaves behind a new wick, something like that? This is a new swing low. **[26:51]:** So let me just use this as an example. **[26:58]:** When a swing low is formed, we need to, we need to look at three patterns, three candles. So when we get another candle, let's just say this new one is, is opening around about here. Let's say this candle doesn't reach the swing low and this is an entry, by the way. Let's say the candle doesn't reach the swing low, but ends up closing to the upside above this candle here. **[27:37]:** If we have a situation like this where basically we have got three wicks. Can you see these wicks in this example where the middle, where the lower, the middle one of the two is lowest? This is what's basically known as a three candle formation. **[28:02]:** When I see a three candle formation, this is basically saying to me that price action on the next candle should continue higher. **[28:12]:** So if I was to see this within the range of a four hour high and low, effectively you could take a trade at the swing low, targeting a 1 to 2. But let me show you some just random because they're everywhere in the market. That they are literally everywhere in the market. Okay, so if we go to him, just for example, in fact, this would be a good example to go by. If we look at this candle here, you see price moving higher. Can you see those candles? Okay, now that's a swing high. Why is that a swing high? Because there's a wick to one side and then a wick to another side that this one is higher than. Does that make sense? **[29:09]:** Okay, when I see that we also have this new candle which is engulfed the entirety of this move. **[29:20]:** So look at that. It's come lower than that candle, so it's bearish. Now this, this is a, is a, is a low, a high. Sorry. This is now a valid swing high. **[29:34]:** If you look at the low that's now been created, the lowest point is the first thing we mark right there. And then I'm looking on the candle to the left and the candle to the, to the right. And I'm basically trying to anticipate if that swing low is lower than the two either side of it. In this case it is. But this is not a swing low because if you look at where this candle closed, it did not engulf the previous candle. So I don't care about that But I wouldn't enter there. Okay, I understand if this is a lot but we are going to go over it. Someone just said in the comments that the audio is breaking. Can you guys hear me okay? Or is that just you on your end? **[30:27]:** Am I all good? Cool. So it might just be you that needs to look at that. So now what we have and again, just remember you're going to get these recordings sent to you. So it's okay if it's in one area over at the moment. **[30:43]:** What we focus on here is where we actually enter. So this here closed all down here. So this now would be. I would take a sell at the close of the new four hour candle at the new one hour candle here. My stop loss would be here at the high which is the swing high. **[31:04]:** And I would just look to target the next available, the next available low. Now what makes this powerful is not just the fact that this is a three candle formation and it's not reversal trading. Because what makes this powerful is that this is actually happening inside of the four hour manipulation high and low. So that is your manipulation high. That's your four our candle high. **[31:38]:** Okay. All the way down here. Now that's your four hour candle low. **[31:51]:** If you'll let me do that. There we go. So when we look inside of it, that is what's happened when we get in there. So again your entries in here on the one hour time frame are. I could enter. **[32:03]:** You could have entered this at 71%, at 50%. You could have entered inside this imbalance or this imbalance. Or you can wait for a three candle formation to appear. And when a free candle formation appears inside the range of a high and a low of a four hour manipulation candle, that is a way we can enter the market. I appreciate this is a lot but does that make sense so far? **[32:42]:** Can everyone see how powerful this is? So and just bear in mind one thing. I only look for these to happen and there's a better entry. I'm going to show you a better entry. So don't worry. **[32:57]:** All right. But I only look for these to happen inside the four hour candle. High and low has to happen inside the four our candle. So now say this is the three candle formation just as an example. Okay. **[33:25]:** If we were to be able to predict the future of this third candle, you would and it and it would give you a much better risk reward. So now we look and this is all to do with candle closures. If you've ever seen one of my most viral videos, it's Candle closures. And I've already seen someone in here saying, why are we making it complicated? This is not, this is so simple. **[33:57]:** This is, this is simple. We can use the four hour time frame. If you, if you love the four hour time frame alone, do that forever. Okay, do that forever. But this is just an option for you to enter on the smaller time frame as well. **[34:13]:** Okay. Now this is, this is what I would teach in my, in my mentorship. And it's actually a two candle formation. So now it's not about the third candle, it's actually about entering before the third candle has actually happened. Now that is very specific because what I am looking for is a relationship between a few of these candles. **[34:41]:** Okay, so we created a swing low. We've created a swing high. Nice and easy. Why I'm paying attention to right here is the current candle close in this example. Okay. And it would be the exact same thing over there. And this current candle close will determine if I'm going to enter this trade or not based on the previous candle low, which is over here, or the previous candle high over here. **[35:27]:** So if these candle and the two candles, if this was coming lower in this example, I would not under any stretchy imagination be interested in, in trading this. **[35:44]:** Okay. I would be more focused on just letting this go because the momentum is moving lower. However, if this candle was to close a little bit higher all the way up here and leave behind a wick and this candle has created a swing fail, so it's done something like this, then basically that's manipulation. But this candle close is now above the previous candle low. This candle close is below the previous candle high in this example. When I see stuff like this, there's, there is an anticipation in the market that the next candle that prints is usually going to continue higher. So in this example now you can actually enter for a long position with your stop loss at the swing low and you can easily target a 1 to 2. I'm going to send you, I'm going to tell you what you're going to get at the end of this. **[36:59]:** Again, in the, in the mentorship, I spend a whole module talking about this specific candle song. And I'm trying to cram this into you because I said I'm not going to gatekeep this here. **[37:09]:** I'm going to show this to you here in 30 minutes. Like this is a lot. I get it's a lot. But this is going to give you a very, very powerful way of being able to enter the market as well. **[37:20]:** So if we look here, just at the shot and this is, this is two trades that I actually took today. One lost and one, one, one ended up winning. That makes sense. All right, so why did we not trade on the four hour candle today? Because the target wasn't going to give us the risk reward. Everyone should have be able to agree with that. **[37:44]:** So if I was to enter that specific trade right there, it wasn't going to work. There's no chance. So I have no choice. But if I want to trade today, I need to go and look at the smaller time frame for something to, for something to happen. So what do I do? I, I go and I look, I think, right, I'm going to mark out four hour candle low and I'm going to go all the way to the top here and I'm going to mark out four hour candle high. Okay. Is the sound gone? Someone just said the sound is gone. Can you guys hear me? Okay. **[38:26]:** Yeah. Cool. **[38:29]:** So now I have the four hour candle high and the four hour candle low. I'm going to go down to a one hour time frame. You can go to a 30 minute if you want, but the one hour is just better. I want you to look at these candles that are currently printing lower. Can you see these candles? **[38:48]:** So now I'm trying to establish here, look at this swing low, for example, between that low there and where that specific candle. So that there is the current candle close. Okay. Down here now is the previous candle low and all the way down here in this example is your current swing low. **[39:33]:** So I want to talk about this because I took two trades here. One lost and there was one that happened here as an example and it lost and then the next one won. And this is the thing, I'm going to be very, very honest with you here. If you can't accept losses in the market, you will never be a trader. Okay? You will never be a trader. I get so many people in my comments being, oh you, this one failed, this failed, this failed. Yeah, some fail, some 4 hour candles just fail. I'm, I, my job is to get you to be emotionally disciplined to the point where you're just focusing on being a money printing machine. That's, that's the idea of what we're trying to do here. **[40:11]:** Does that make sense? So I want you to look at this here and see, okay, for example, if we look at the previous one which is here now, or the previous candle closed, which was actually up here, previous candle low, that was the swing low there. So my first attempt at this trade was basically like that. And I'm only interested in, in a one to two or something like that. And this just lost it stopped me out. **[40:44]:** Just completely stopped me out. Fine. That's fine. So what I did is I waited until the next one hour candle was just going to print. I just wanted to see what it did. **[40:54]:** So I identified a swing low, I identified the new previous four hour low which was where my stop loss was. And then the current candle close. **[41:07]:** So in here you can go for a re entry and then you get the one to two out of it. And it's not bearish, it's bullish because look at it. **[41:23]:** So all I've done is I've anticipated a movement on the smaller time frame and the small buy smaller time frame. I'm talking about the one hour or maybe the 30 minute if you want. You're not going to do this on the 5 minute. You will not be profitable long term on the five minute time frame, I promise you. Okay, So I go back to this answer all the time. **[41:44]:** Do you want to? And it's quite funny because people leave, this is a free event. A lot of people will leave because they don't like hearing this, but they'll come back in a year when they're not profitable. You guys staying are showing that you're, you're ready to kind of push yourself to that level of being profitable. Does that make sense already? **[42:02]:** Now the idea is, do you want the precise entries, the precision like entries like all the trendy twats online or do you just want to make money? Do you just want to make money? That's, that's the reality. A lot of us just want to make money and that be the end of it. And I don't care how I make money with this. **[42:26]:** I just want to make money. And all I'm looking at is probabilities in the market. And the reality is, because I said this, lost and won by also took the exact same somewhere in oil. I mean this is a new contract now. But the original oil trade which was on Monday was an absolute banger of a trade because again we had four hour manipulation candle. The one I'm looking at right here is literally there. Okay. And that four hour candle, the target wasn't sufficient. So with that in mind, I had to go to a smaller time frame. And inside the smaller time frame, I'm, I'm waiting for a smaller time frame confirmation that basically this is gonna, this is gonna work. **[43:25]:** And I think it was somewhere here. I think it Was this one here or something now where was it? **[43:31]:** Was it the 30 minute. The execution isn't on this one because this was on the other contract but basically it was inside this imbalance four hour push higher or actually was it this four our candle here and then that was the area there. So that was it and then that was the trade. **[43:51]:** So when you take these trades, honestly there is, there is stuff going on in here which is life changing and the only thing you've got to do is, is, is just wait for the probabilities in the market. And the reason we talk about this is very, very important. **[44:17]:** Okay? It's very, very important. It's about understanding risk reward. I have a few comments, people saying they keep losing audio. That, that, that can't just be. **[44:30]:** It says everyone can hear me. Okay. Yeah, we good? So before I just move on to the next bit. All right, is this resonated with you so far? Is everyone happy? Because it's very hard when I, when it's just me talking. If I'm doing a live event, for example, and I'm just kind of yapping to you guys and I'm talking back and forth but obviously it's just me talking. I need to make sure you guys are actually enjoying it and happy and you're all good. Yeah. **[45:02]:** If you have questions, it's absolutely fine. Rachel's still here by the way. Rachel is typing her ass off if you have any questions. **[45:14]:** So what's really important with regards to any, any strategy that you trade is that, is that you are, you are, you understand risk reward when it comes to trading. **[45:32]:** If I was to. So you've got a couple of options. You can like a 1 to 1 risk reward or a 1 to 2 risk reward. So what this basically means is if I risk £1,000, that will be equal to making back a thousand pound if I risk the same 1000 pound here. And I'm going to give you a little tactic that you can use for your funded accounts after this because a lot of people who obviously looking to make money will use funded accounts. **[46:05]:** So this here would be risking some 1000 to make 2000. Now it's always going to be more beneficial for you to trade with a higher risk reward. And the reason I say that is because if you're trading with a one to one risk reward, what this is basically going to tell you is that you need to, but you need to realistically get a 70 to 80% win rate. Now let me tell you someone, if someone has been doing this since 2015. I've been making money doing this since 2020. I would say to people that are basically like, oh, how do we know? I've been trading live on this AMP account which is now, which is logged in. You can see my live executions have been trading this account up in front of people for the whole year. My win rate is probably around 50%. On some months it could be more, some months it can be less. **[47:06]:** 70 to 80% win rates are not there. Does that make sense? They are not there. What you see on social media with a young guy or girl talking about, oh, this is my 95 win rate. That does not exist. **[47:27]:** It just doesn't. It's not real. They're trust fund kids. They're rich because of parents. So they're showboating because of that. They've got the money. That's what they're doing. They're trying to lure you in. You don't see any of my content. Like the, my target audience is people that are not interested in, in that type of content. My target audience is people that are genuine people, serious people. That's why I don't open my mentorship for just anyone to roll into. Because I want people that I can actually get to know and be friends with. Does that make sense? Who are like me as well? And by me, I mean someone that will want to actually learn a skill that can not just change your life, but change you as a human being. It can, it can help you generate friendships and connections all around the world. **[48:11]:** It can help you live your life and do things you want to do. I see more fulfillment in my life, spending it with my kids, for example. Like it's, I, I. Because I've been preparing for this event tonight, I wasn't able to pick my children off from school today. And I'm gutted about that. But I'm, I'm, you know, we've got to do these things. But I, I take my kids to school, I pick them up, I take them to the park, I take them soon, I take them gymnastics, I take them everywhere, take them to the football, whatever. Does that make sense? **[48:38]:** That's my life, that's my motivation. And also doing other things I actually want to do as well. And I want people to work with me that want to, want to be the same. Okay. Want to be the same. **[48:50]:** So you need to understand when I say this, I'm telling you this to be true. Okay? 78 win rates. Not, not there. So that makes one to one risk, reward. **[48:58]:** Pretty crap. Pretty crap. Okay? So what we now have is a 1 to 2 risk reward. For this to work to make money, you only need around about 35 to 50% win rate. **[49:16]:** Now this is a, this should be a breath of fresh air to you. It really should. Because if this, if you can get this in your head, okay, what this is basically going to mean is that you are allowed to lose trades and still make loads of money. This is more realistic when it comes to trading. But this, if you can search for this and just focus on the repeatable pattern that happens in the market and that by that we get to the rules, which is obviously, is it valid? Is it manipulation? Is it valid? Is the bias correct? Is the target there? If the target does not equal a good risk reward, we then look at the lower time frame, which is what I've just showed you, okay? Because the reality is you can take 10 trades and they could all, you can lose seven of them but win three of them and still make money based on this. **[50:20]:** If you, and then the thing is, you have to understand is that some months, so like, if you get like month one you might only make 2% gain on your account. Month two you might be down 2%. **[50:40]:** Month three you might be up 8%. My September was an 8% month, for example. Month four you might be up 4%. Month five you might be down 3%. Do you see what I mean? So we get throughout the whole year and you might have one month and this, I said this, I said this in a TikTok the other month that you only need two good months to pay for your whole year. And what I mean BY that is one month you might be up 40%, you might have an absolute blinder of a month and then the next month you might be down 3%. And then month eight you might be up 3%. So you've got break even months and you get to month nine you might again be up 50% and then, and then again up 2%, down whatever. So you come to the end of the year and let's just say you're down 1%. **[51:47]:** And let's say month 12 you're break even. Just as a good example. So you could have 1, 2, 3, 4, 4 losing months, one break even month six months where you kind of made profit, two unbelievable months in trading. This is, this is the reality of what trading is. It can still change your life, but this is where you have to be patient and sensible about it. Now these one to five, one to tens that you see all these tick tockers And Instagrammers are, are pushing towards that. That's not the reality of what it is. So that's why I always say if you can get a one to two out of the market, you need to do it. And it's literally a proof of the pudding because today I took one lot, I took two one to two trades. One of them lost, one of them won. **[52:34]:** The winner paid for my loser. And I'm still up for the week. And I'm still up quite, I'm probably up about 6, 7% this week alone. So that means now we've got one more week of the month and I don't even need to trade like. Or if I do trade off, I can maybe think I'll just go in with a couple more percent every month, whatever. **[52:55]:** And then notoriously my favorite time of the year to trade is between now and the end of November. I don't know why, it's just, it's always good then July, July is always good for me as well. But I know in, in December, January probably going to be unprofitable months. **[53:10]:** But the reality is it's, it's you. Now look, for a lot of people you've got a couple of options. You've got funded accounts and then you've obviously got live accounts and you need to pass funded accounts. Because what we need to understand with funded accounts is this. All right, very, very important rule with funded accounts. And I used to go through funded accounts a lot. I, I used to trade with, with the knowing that I'm not going to pass every account or I'm going to lose some accounts or I'm, I'm, I'm going to get good payouts on some accounts. **[53:49]:** My Forex funds was the biggest account I used before they went bust back in 2021, wherever it was, 2022. So if you want to get funded, the goal isn't to get funded and stay funded, the goal is to get funded. So your goal as a trader is to get funded, get paid quickly. So I see a lot of people that, let's just, let's just call it a 100k account. **[54:20]:** Let's just say it's 100k account. So you're target is let's just call it 10k. I'm using dollars because if you charge in your futures, whatever and then drawdown could be 10k. So that's, that's pretty decent. Drawdowns, daily drawdown. You should never ever, ever, ever touch your daily drawdown limit. **[54:43]:** So I'm not even, it's not even if you're, if you are still in daily drawdowns and you're not passing hats because you keep tapping on the daily drawdowns, you're going to find it very hard to trade because this, that tells me you're not emotionally disciplined enough to actually do it. So when you're, when you're looking at passing a funded account, you want to approach these funded accounts very, very simply. You want to be risking 1% of the account. Does that make sense? So 1% of the account doesn't matter what you're doing. Risk 1%. So it's a thousand dollars per trade, risking it. Cool. When you go. So let's just say you progress down the ladder. **[55:24]:** Okay. And let's just say when you get to, let's call it $4,500 in profit, so 4.5% up. What I want you to do then is up the risk to 2%. Now the reason we're doing this is because we want to pass the account faster. We don't want to be sat there being nervous about funded accounts. **[55:55]:** And I always go back and say this, people have to understand something about trading and I don't mean to sound horrible when I say this, you need to be financially in a position where you are able to do this. Most people come into day trading because they are usually trying to change a financial situation because they're trying to make their financial life better because they don't have any money. For example, if that's you, then you're going to be emotionally or emotional, you're going to be gambling with money you potentially don't have. And if you do that, the market will eat you up and spit you back out and it won't care about you either. So you have to be emotionless when it actually comes to trading the markets and you have to think like a business because you, you are now, you are now not just learning how to trade. **[56:57]:** One of the first things you should be doing in this industry is speaking to an accountant. Speaking, setting up a business, your business. Let's just say there's some names in here. I can see the name Mark Smith, I can see the name Raymond, I can see the name Matthew. Matthew Ltd. Mark Smith Ltd. Andrew Ltd. Sarah Ltd. Sarah Trays Ltd. Whatever, wherever you want. **[57:23]:** Because now you are, you are running a multi million dollar business. But I might not have millions of dollars in right now, but you are running a business. And when you buy a prop firm, you're going to buy it on your business and your business is going to offset the tax. So it's not just you buying a prop firm, you are buying it for your business and then you are going to, you are going to use that to exchange and make cash flow. So when you get up to 2%, you want, you want to be getting there faster. **[58:01]:** So let's just say for example, you go on a little bit of a, of a run, let's say you get close to 8%. Let's say you lose a couple of trades, okay, if you lose a couple of trades, no big deal. But let's say if you go below 4,500 in profit, all you're going to do is very, very simple, bring risk back down to 1%. **[58:30]:** If you go into drawdown, as a good example, keep risk at 1% because let me tell you, does anyone here tell me if you do this, okay, Tell me if you do this because this could be you, all right? Does anyone here, if, if this is the, let's call this the past line here and let's just say this is the start down here and then let's just say this is the, this is the drawdown. Does anyone, can anyone resonate by this? But do they go into drawdown, couple of bad trades and do they just try and risk very, very little because they're too scared of blowing the account? Can I tell you something to, and I'm telling you this out of love, I'm not telling you this to be a prick. **[59:33]:** I'd rather you just blew the account at this stage because what purpose is it doing there? What purpose, what purpose have you got for being down down here? If you're risking smallest, you're just going to get small wins and it's going to take you ages to get out. I'd rather you full ported it. I'd rather you. So to keep your risk at 1% because basically if you go into drawdown and a couple of losses, you only need one win to pull yourself back up and then you're back on track again. **[1:00:06]:** If you, if you lose a prop firm, let's say you are taking trades on the four hour time frame. If you're doing the exact framework I have taught you in the last two days and you're still losing accounts and you're keeping the risk sensible. The very simple thing this means is you are not ready for a funded account yet. That is all it is. It is as simple as that. **[1:00:33]:** I promise you guys it doesn't have to be complicated. So that's kind of like your framework for passing Funded accounts. Because funded, a funded account is cash flow. And a funded account should always feed into your live account when you have it and when you're ready. That's, that's the sort of level you need to be doing. **[1:01:04]:** So if you get to the stage now where, okay, how do I pass this? If you've got 100k account, well, I've just given you, I've just given you the best strategy in the world. You can start trading this today, tomorrow. I said to you at the start, when you sign up to this, to this event, you are going to leave with a repeatable edge which you can execute whether you work with me or not. You can go away and you can do this. **[1:01:31]:** And I'm telling you now, you can because easy. What I've shown you is easy. Even if you don't understand the lower time frame stuff yet, you're going to get the recording. It's up to you. All right, now, one funded account. **[1:01:45]:** Let's just call this one funded account and let's just say you perform 5% profit. Well, we know that's, that's equal to, that's going to be what, $5,000? $5,000 in a month is, is a lovely, lovely figure, but obviously that's not life changing in terms of, it's not going to get us to where our goal is. So now what is 10 or even 5 times 100k accounts going to be bringing you? So that would be 500,000 in funded capital. **[1:02:31]:** So 5, 10, 15, 20, $25,000. **[1:02:37]:** That is more like it. You can copy, you can trade one account and you can copy them across. Now before people start saying which, what prop firms, what prop firms, what prop firms, it doesn't matter at this stage. Again, I heard a powerful quote last week and I'll say it to you guys here, just make it exist first, worry about making it good later and then the idea behind it then is that what you're going to then do is go from funded account cash flow, this sort of cash flow, push it there and then that is going to be your engine and your live account is going to be what makes you more money. Because you're going to do two things with your live account, okay? **[1:03:25]:** Number one, you're going to trade it as normal and number two, you're going to compound it. And what I mean by that is trade it as you normally would, the same as you would with the four hour candle, with everything, and then you're going to compound it by still trading. You, you might have other Businesses, so I have other businesses. I compound my accounts. I don't just compound my trading account, I compound the S P500 in, in different funds. I've got a, I've got pensions, I've got ISA funds, my business has got a fund where basically it invests into the S P500 is one of my main things. I invest into other things as well. I compound it. And, and if I, in a live account, I trade this and I compound it. So when I add to it every single time, this is going to be compounding it. **[1:04:19]:** But you need capital from somewhere else. Where you're going to get the capital from in the meantime is from your funded accounts because you're going to get paid from them and you might not get paid every month like this. This might be a 1% month, in which case that's $1,000, which, that only looks like $5,000. Some months you might get 20% months. But you don't want the funded accounts forever. **[1:04:44]:** In fact, funded a lot of funded accounts. Like we've got a girl called Jasmine who's one of our coaches. She's basically banned from loads of funded accounts now because she keeps taking profits from funded accounts. You a lot. And this is the problem with this industry is very, very simple. **[1:05:00]:** And I watch it, I see it everywhere. You probably. There's, there's, there's. I mean, look, we're getting to the stage of this event where the serious people stay, the people that aren't serious will start leaving soon. And I'm going to tell you something which no one in the industry really is, is prepared to tell you because they make a lot of their money on these prop firm affiliate codes. **[1:05:21]:** They, they, you've probably bought a prop firm affiliate, you've probably bought a prop firm utilizing someone's discount code. Whenever you see traders giving out discount codes and then, and then they're talking about payouts, things like that. They're not making money forever because prop firms don't want you to make money. They profit on your losses. So if you keep getting paid out with them, you're not going to get paid. A lot of these, a lot of these people are, A lot of these people that trade these, these prop firms are not getting paid the full amounts because they're starting to cap you on what you can do now. So you're going to be better trading a live account and compounding it. **[1:06:01]:** And then once you, once you create this live account, this is going to give you something once you know how to trade, once you Know all this stuff, this is going to give you something that nobody out there can ever, ever give you. Nobody out there, because this is going to allow you the chance to create whatever you want. Can anyone tell me in the chat right now, this is going to begin with tea, but can anyone tell me what they want to do with their life? **[1:06:29]:** So whether you are a tr. You don't just want to be a trader, I know you don't. What do you want to do with your life? No, what do you want to do? Sale? **[1:06:40]:** Do you want to create more businesses? Do you want to invest in the property market? Do you want to buy a nice rental property in the middle of Cornwall somewhere? Do you want to go to Dubai? Do you want to live in Dubai? **[1:06:53]:** Do you want to do it? Do you want to do a business? So, like, one of my business ideas is to open a gym. I've been having this business idea for the last 18 months. This gym that I'm looking to open is not going to make me that much money, but I want to open a gym and I'm able to do this because of what my, my world allows me to do here. **[1:07:13]:** So you want to get into music, you want to live comfortably, you want to own your own business, you want to create generational wealth for your family, you want to be your own boss, you want to start a gym as well. There's all these different things coming there for leg day. Wow. There's all these different things that you can do. **[1:07:33]:** All right? **[1:07:35]:** And what this is going to allow you to do is give you time. And with this time, you can live your life to do what you want. And all you have to do is trade and compound. Part of something I've got coming out in the future. Let me show you. Can everyone see. Can everyone see my screen? Can everyone see this? It's a new screen. It's not a trading screen anymore. So this is a compound calculator I've been working on myself and I just want to show you how powerful it is. Oh. Let's just say you've got. Let's just say you've had a good payout and you've paid, you've been paid out £30,000. **[1:08:22]:** You're going to put £20,000 into an account to start trading with now. Let's just say on a yearly, we're going to look to grow this account 40%. If you do that in over, over a period of 3 years, you could look 50,000, £50,000, 5 years, 100k, 200k and 7 years like this is just you trading your live account. No funded account is going to give you this type of reward. Okay, but now if you're using funded accounts and you've obviously got other businesses as well going in the background, when you know how to trade and when you get your time back and you start thinking, right now I'm going to start putting in some monthly, I'm going to put in a thousand pound every month for the next 10 years, 40 growth. **[1:09:11]:** Look at the difference just by compounding and then you're going to start making more money and you're going to start putting more money every single month into it. Suddenly the, your starting balance doesn't even matter. It's what you're putting into every single month. And all you're doing is trading it and compounding it. That's the only thing that you are looking to try and do here. **[1:09:39]:** Think of what happened if you lift this for 20 years. **[1:09:44]:** If you, if you leave this for 30 years. There's, there's so many different ways that you can generate cash flow. And this could be one live account doing something for you. Like that's, that's how powerful live account trading. And again, this is not financial advice and be very clear on that right now. This is always talk to an accountant and things like that. But what I'm trying to show to you is, is just how powerful your life can be if you just learn how to trade, if you just learn how to, how to model yourself based on a very, very repeatable pattern that you can basically find in the market.