[00:00] Today I'm going to show you exactly how I would start trading if I could completely start over. Now for context, I've been trading full-time for over 8 years now. I've made hundreds of thousands of dollars trading. I've also made a ton of mistakes, but I'm now lucky enough that
[00:13] each time I sit down to trade, I'm often able to make anywhere from $5,000 to $20,000 in a single day. So I started trading about 8 years ago after I left the military and was waiting to go to college. And really what sparked my interest is that during my first attempt at trading,
[00:28] out of pure luck, I was able to turn $8,000 into $16,000 in two days. Now, even though this was completely ridiculous gambling, it functioned as a real breakout moment for me to understand the opportunity in trading
[00:41] and realize that learning this could potentially allow me to exponentially increase my income and allow me to live my life exactly how I want. But even so, if I'm being honest, there were a lot of things that I didn't have to do in order to get to where I am now
[00:55] had I just had a proper outline to start with and I wouldn't have wasted thousands of hours, thousands of my own dollars before being able to get to this point. So that's basically going to be the advice that I'm going to give to you in this video. I'm basically just going to lay it
[01:08] out all on the table and show you a way cleaner path that I would have followed to actually properly learn trading and expedite it if I was starting over with a completely blank canvas. So number one, the first and most important thing that I want to share with you is to start your
[01:23] journey focused on process, not focusing on money. Okay, it's funny because obviously everybody's getting into trading with the one goal of being able to make money. And in order to get attention and to see proof of concept, it's mostly focused on money. But the paradox is in order to actually
[01:39] get to that point, you have to be able to mentally detach completely from the money. What I always say is that we need to follow something called proxy goals. Okay, and that's basically obsessing about the process that by default, mastering it will then ultimately result in the money.
[01:55] The problem is that most people come into this game so focused on making money and chasing money that it takes the focus away from the entire core principle of what trading is and never allows you to build the proper mental framework required to actually make money. It's so easy to get caught
[02:10] up in the excitement of seeing a little bit of success and just saying, if I just did what I did last week I can deposit money and be able to make a ton feeling like trading is easy. I promise you it is not and that is a way you're going to shoot yourself in the foot is by chasing after that
[02:24] quick dopamine hit of trying to make money originally. Slow the process down back away from the money and try not to get caught up in comparing yourself to other people that are flaunting money online or showcasing their success. I promise you for anybody who is out there
[02:38] successfully trading they have gone through the trenches the most embarrassing things learning this. So don't feel like there's something wrong with you when you're first getting started having issues. This is not designed to be an easy game, but you need to pull yourself out of chasing money
[02:52] and focus on trading principles. So in this video, of course, I'm going to talk about money and show you a little bit about what learning this process can lead to. But by the end of this video, you're going to understand exactly why it's important to follow this process systematically. Lesson number
[03:06] two is to create a learning game plan before you ever start learning trading. If you're at a point where you're already dabbling in trading, or maybe you're trying a few things, but you're not quite where you want to be. This might be a big reset for you once I explain what I mean. Okay, so when
[03:20] I started my trading journey, I kind of was bouncing around different concepts, looking up something that would work, trying it out in real time for, say, a few weeks, only to realize that it wasn't actually working long term. And moreover, I wasn't really understanding the true mechanics
[03:34] of the market. Rather, I was just chasing after trying to trade a strategy based off of what I saw or what I saw was working and what this was doing was reinforcing really bad habits. Okay, because what most of the time is going to happen is that if you don't have a trusted process that
[03:49] you know is going to work long term, that you've tested it yourself, as soon as it stops working, you don't have the conviction or the confidence to continue to execute that strategy and immediately fear is going to kick in because you don't trust the process. That is one of the biggest barriers
[04:04] to jumping into things too soon and not having a regimented learning process that you follow because you're not looking at trading or approaching trading in the right way. Actually putting money into the market and executing is one of the last steps that you should be doing,
[04:18] whereas most of the time, from what I see, that's one of the first things that people try to do. They put money into an exchange or into a brokerage, and they're like, I'm just going to play around with this and see if I can make any money. If you approach it with a regimented learning plan, you have to kind of use delayed gratification
[04:34] and defer that sort of dopamine hit of like understanding trading and feeling like you're going to make money. But that, like everything else, is going to put you in a position to look at it correctly. Okay, what I've done is aggregated down all of the things that I wish I learned in
[04:48] order in a little bit more detail with videos. At the end of the video, I'm going to show you exactly where you can find that. So you basically take your time and go through these stages the way I'm explaining. Okay, also, if you're finding value in this video, make sure you hit the like
[05:00] button on the video so they can get it out to more people to help them along in this process. Okay, but once again, learning things in sequential order that isn't racing to an immediate strategy is one of the biggest keys to learning the game of trading. Imagine if you had
[05:14] a doctor where you just taught them a few random procedures. Maybe they could kind of do it one time, but if anything came up in the operating room where they didn't understand, or when you start adding other layers of complexity without that foundation, it would be a complete nightmare.
[05:27] And the same thing is true with trading. The only difference is in order to be a doctor, you have to get through med school. With trading, anybody can throw as much money into something and immediately start trading. So it has to be up to you to give yourself that level of education.
[05:41] Otherwise, it can be really dangerous and drive you really far away from your goals really quickly if you're making mistakes. It brings me to lesson number three, which is be careful of your surroundings and who you listen to when you're starting.
[05:53] There's tons of information everywhere about trading. some of it's really good, some of it's really bad. What you need to understand is that trading is, first of all, not natural and not easy. But what I mean by not natural is the reason why you have
[06:06] all of these really affluent, smart people that in life are really otherwise successful being terrible traders is because trading has very little to do with all of the things that normally make you a successful person. So for example, in the regular world, you can use negotiation,
[06:22] communication, influence, communication, confidence in order to get to the end goal of what you're trying to do. In trading, it's the complete opposite. If you're overconfident and you start to have an ego, the market doesn't care and what it will do is reflect that back to you and make
[06:37] you upset when your predictions aren't right or when you're losing in your trades. They were wired as human beings to associate being wrong and losing money with behavior that typically needs to be corrected. However, in the game of trading, that is absolutely the opposite of the truth.
[06:52] And I'm going to show you and explain more why. And the reason this is important is because one of the biggest pieces of advice that I can give to you is to tell absolutely nobody when you're starting trading. Because as we talked about just now, what people perceive as good or bad behavior
[07:08] around you is going to influence the way you're going to think if you're telling people about your trading journey. I remember very early on, I would tell people, yeah, I'm day trading. And they're like, okay, nice. So like, how much money have you made? And I'm like, well, I actually have
[07:21] been losing money. And they're like, well, what do you need to do differently? Is your strategy not working? Or like, I thought you dropped out of school and started trading to make money. And all of those things start to get in your head because regular people are not going to understand
[07:35] the proper psychology required to actually make it and get ahead in trading And the more you have that influence coming into you from people who don understand how to be a professional trader the further and further you going to deviate from that proper mental framework and sticking the course the way you know you should So instead
[07:52] of telling people that you're starting trading, just let them see you leave your job or start to travel more or to have more flexibility with your income and then let the proof be in the pudding. Another reason this is important, there's actually a mental phenomenon where if you tell people your
[08:07] plans or what you're setting out to achieve, you actually get the dopamine release of actually achieving that goal. And statistically, now you're much less likely to achieve that goal because number one, you're basically jinxing yourself. And number two, you already got the satisfaction
[08:21] of saying that you're going to do something and now you're at a disadvantage. So let the money talk for itself. Let the success talk for yourself. Keep quiet and stay the course. Okay, the last part about this is making sure that you actually surround yourself around other
[08:34] good traders that share these ideals. So early in my career, I would be in chat rooms in communities where people would be like, yeah, I got to hit this trade or else I won't be able to pay my rent or I'm going all on this trade effort. Okay, being in rooms in atmospheres like that is going to be
[08:49] one of the worst things for your trading progress. Whereas on the other side of that, finding an accountability partner who is trying to trade the same thing as you can be really, really helpful and was one of the best things that I did early in my trading career. Okay, that was one of the
[09:03] primary drivers for me creating a Discord community in the first place. Okay, so each morning, we're doing daily analysis to go over what we're looking at at the market, sharing ideas inside of a solid framework. Okay, we're also live trading with our team most days, going over that regimented process.
[09:19] Okay, we have full chat focused specifically on systems and following the exact processes that we know work in a like-minded area. Okay, because there's a good saying, you show me who you walk with, I'll show you who you are. Okay, surrounding plays a huge role in how you're going to actually
[09:34] learn whether it's properly or not. Okay, we're going to teach you lesson number four, and that is starting with foundational books. Okay, it's really fun and exciting to just hop on YouTube, start watching strategy videos, and immediately start trying to implement things. What I will say
[09:49] is I'm not even a huge reader, but I did take the time to read a handful of trading books that I think exponentially shortened the learning curve for me and in general changed the entire game. The most important piece of literature that I've ever read about trading, and I think the information that has impacted me as a person overall in life, is reading a book called Trading in the Zone by Mark Douglas.
[10:11] Okay, this book is going to check you at the door, basically strip back all of the things that you think you know about trading and bring to the forefront all of the really, really bad habits and things that you innately think when you're getting into trading and completely shuts those down, corrects them and explains very, very simply the way you need to think to be a professional trader.
[10:31] Okay, I would consider this to be the Bible of trading. It should be the first foundational layer. You can listen to it on an audio book. There's PDFs on the internet. I try to listen to it at least once a year when I'm on an airplane or something just to retain the information and refresh it.
[10:44] But this is by far the number one book that is going to show you the proper way to look at trading. And also, I think in general, it's good for people, even if they're not traders, to understand how to weigh decisions and things in life in general. In life, everybody is trading whether they realize it or not.
[10:58] You're trading time, effort, and energy for different things. And understanding that from a game theory perspective is one of the best skills that I could say anybody should learn. And it starts with this book. Can you tell I love the book? The second book, I would say, is a book called How to Trade for a Living.
[11:13] And what this book is going to show you is a little bit more of a hands-on view of how it looks to actually trade for a living, how that integrates into life and the way that you need to sort of position yourself to do that strategically. It does kind of rely on you having a foundational layer of information and understanding of trading.
[11:29] But once you do have that sort of locked in, this is an excellent read to show you what it will look like and what you need to focus on to trade full-time. The third thing that I would recommend reading that was super impactful to me is something called Fibonacci Strategy and Application for Traders.
[11:44] This is more of a research document than anything, but what this does is shows you exactly how human psychology and human tendencies form and can be interpreted and viewed in the form of trends. And what we're doing as traders is we're pretty much reading and evaluating trends and trying to ride those trends and place trades in the direction of where the market is likely to go.
[12:05] It's going to show you how we can visualize that, how we can look at when trends are potentially starting or ending, and actual charting tools that we can use to predict and analyze those data points. Definitely a little bit more advanced, so I would start in order of these pieces of literature,
[12:19] but overall going to be hugely impactful for your learning journey. It brings me to lesson number five, which is mastering your emotions and discipline. There is a fundamental disconnect a lot of times with people viewing traders and how they control their emotions.
[12:33] A lot of people think that you need nervous as steel and that you're a gambler and that you're a high-risk type of person. Funny enough, I don't like to go to casinos. I'm an extremely low-risk person. And the reason I feel that trading is low-risk is because I already know the statistical outcome of my trading process over time.
[12:51] And my only job is to not deviate from that plan. If you really don't need nervous as steel and you really don't need confidence, if you're approaching trading the right way. Trading is pretty much a game of mastering yourself.
[13:03] Everybody is pretty much trading the same thing, the same information. The only variable is actually you executing those trades and whatever you have going on in your mind. So if you're an anxious person or you're an impatient person, the market is going to reflect that back to you.
[13:18] And you're going to have an opportunity to see that in the form of data. Now, the problem is that most people go into this and take it as an ego hit or they're not receptive to this information. So that goes right over their head and they don't actually ever grow from it.
[13:31] and instead they build resentment, fear, bad habits over top of this, and they're never actually able to make any progress. What you need to understand about trading is that there's infinite combinations of things to do that's going to give you opportunity.
[13:44] You need to be the person to discipline yourself and rein yourself in to stick within a process, and then because you know that process is proven to work and you know you can execute it, there's zero reason for you to get emotional,
[13:57] and there's also zero reason for you to go off the rails and do things like revenge trade or try to make profit back for the day. One of the biggest things that I see as an issue is people say, I lost a trade and then I got angry and I kept trading and I just blew my entire account.
[14:11] At a certain point, as a person, if you know that your success relies on you executing something to a T, there is zero circumstance where it's acceptable for you to go off the rails and start executing trades out of anger or emotion.
[14:25] If you're that type of person, you need to just correct that or not be a trader. In the beginning, what you need to do is expect for you to lose. This is a hard game. This is not something that's going to just, oh, I get it. Now I can fully trade.
[14:37] But going into the learning, accepting that you're going to mess up a lot, accepting that you're going to make mistakes, and then being very aware to receive that information and say, hey, technically, me doing these X, Y, Z things emotionally is statistically leading me to lose.
[14:53] therefore it doesn't make sense to do that anymore and if anything you should be getting emotional only by doing those things and not doing those things will put you at peace which is the opposite of how most people think about trading okay so you really need to master that discipline in executing trades managing
[15:08] your risk and then just sticking to your plan that's really how you master emotions and your discipline. So it brings me to lesson number six which is starting off choosing one instrument in one market okay it's so easy to get wrapped up in one trade futures and one of the trade Forex and one of the trade options and trying a whole bunch of different things and different instruments different markets at different times But what that going to do is add a ton of different variables for you to try to deal with all at once As a beginner
[15:35] what you want to focus on is one thing and get really, really good at that one thing. Now, certain markets and certain approaches are going to work better depending on your lifestyle. So for example, I trade cryptocurrency because I could trade 24-7 and I can get pretty easy
[15:50] access to capital so I don't have to use that much of my money to be able to turn it into more money. Okay, but in that process, over the past nearly two years, I've been trading one pair, one market, one timeframe, and one strategy. And I've been able to develop that into anywhere between $30,000
[16:06] and $50,000 in profit per month pretty consistently by sticking to that one thing and not deviating and trying to learn a million different things all at once. Okay, so I can pretty much start my day.
[16:18] Let's say this is where the 9.30 open is happening. I can wait for indications to buy based off of my rules. You see here, I also have a buy signal on one of my proprietary indicators. That's signaling to me to set up a position here,
[16:31] input positions, and you'll see, if I'm risking $2,000 on a position, I can very quickly make 10, 12, $15,000 by following a repeatable process, and it very quickly eliminates a ton of guesswork
[16:44] in trying to account for and look for a million different things at once. Okay, it's a classic saying, a jack of all trades is a master of none. In trading, there's no casually good people. Okay, it's either you are good and you know what you're doing and you maximize and extract out of the market,
[16:59] or you don't know what you're doing and you're basically just hobby gambling, kind of losing money. I've found there's not really an in-between in trading. You need to master one thing, have hyper focus on one thing, and that's going to allow you to get really good,
[17:11] and that's going to allow you to lock in and become better than everybody else reading that instrument, being able to be repeatable with it. Then if you want to learn other strategies and expand your horizon or start adding things, you have a framework that you're adding to and you're not just continually throwing stuff,
[17:25] trying to hope that one thing is eventually going to work, where realistically all you're doing is just distracting yourself. Okay, you can see, for example, on the private side of our team, notice how he's talking about 12R. He's talking about his units of risk before focusing on the dollar amount on the day.
[17:40] Even though the dollar amount on the day is great, he's focusing on the actual math behind the result that is leading to the profit, not the other way around. Also, Nednarb, one and done today on NQ. He's only trading NQ right now, pretty much, making $1,800 across five different
[17:55] accounts, doing one and done following the trading model that he's done hundreds of different iterations on to know exactly when to enter the market and when to not. As another example, this is a trade that I took just the other day. Notice how I started to get a move into profit,
[18:08] and this is where I locked in half of my position and locked in $3,800. The reason I had high conviction that this level could be the level where price would turn all the way back around, which you'll see that's exactly what it did for the rest of my position, is because I have so
[18:22] many repetitions and so much data trading this, now I can pretty much anticipate where the market is likely to turn around. And that opens up really, really big trade opportunities for me to be able to execute that very specific model on. If you're trading six different pairs and two
[18:36] different strategies across multiple markets, you're never going to have that level of insight, which is required to be able to get an edge and be a profitable trader over time. Which brings me to lesson number seven, which is learn the basic market fundamentals first
[18:48] before you're diving into strategy or diving into really, really complex topics. It's really tempting to just want to start out trying a strategy that you learn on YouTube or elsewhere to see if you can start making money with it.
[19:00] But what I've noticed is that all of the professional traders that I know, including myself, have extremely simple charts. And the reason for that is because it's not the indicators or all of the data that we're looking at that's allowing us to be at that level of trading, it's the ability to understand very
[19:16] simply what the market is communicating us based off of only price and then being able to pretty much trade off of just looking at that price and then using the indicators in data as an additional layer over the top to further refine what we would already do innately based off of what makes sense
[19:33] on the chart. So starting with the fundamentals is going to put you in a dramatically better position and I think it's the only way to actually become a good trader because otherwise you're always going to be a little bit lost and you're never going to have that edge over others where
[19:45] it comes to your discretion and your ability to find opportunities and execute on them. So things like understanding market structure, volume, support and resistance on a very simple chart is going to be probably the first stop that I would go to as far as learning anything to do
[19:59] with actual hands-on trading knowledge. So for example, things like understanding this is the lower portion of our uptrend and the price pushing up here, down here and down and then breaking over this level is confirming that we have an uptrend with something called a break of structure,
[20:15] meaning that a level like this is going to be something called a change of character, which we can then say, for example, price breaks underneath this level. First of all, look to see, for example, this is a high probability area for price to move down to
[20:29] where you can enter in setup contained risk and aim to have the market go lower. Okay, but additionally, understanding this change of character concept would show us that we don't want to get into a position there, but then would show us that once price responds off of the
[20:42] opposite side of this area, we could also use this as a high probability area and be able to potentially take a position and trade price down. Because all you're trying to do in trading is come up with a very simple process that works, then be able to add things on top of it once you
[20:58] have the fundamentals mastered and you figure out what's generally working. The goal is to not keep adding complexities, hoping that eventually it will work. I have a really good video on this topic, I'm going to put at the end of the video so you can watch that after. So this brings me to
[21:10] lesson number eight, and that is developing or learning a simple trading strategy. Okay, once you have all of these things put together, that's where you can actually start working on the mechanics of a trading strategy. And all we're really trying to do as traders, simply boil down
[21:24] to this point, cutting out all of the other noise. If they were entering the market here, we need to know, we're trying to put ourselves into a position where we expect, based off of indicators or data
[21:36] analysis, the price is likely to move here before moving here. And we're willing to risk what's called a risk factor to put that trade on. So negative one R if price moves against us, positive one R if it moves in our direction. And if you look at that next to a risk reward table,
[21:53] this would be a one-to-one risk reward where you can see if we're right 50% of the time, that's where we'll be break even. And if we're right more than 50% of the time, that's where we're actually going to be in the profit. Say we're selecting an area in the market
[22:05] where we expect price to move here before here. Now, if we're right, we're earning two units of risk with one unit of risk as the downside, which would give us a one to two risk reward ratio, which means we're now profitable being right 40% of the time.
[22:19] So we can lose 60% of the trades that we take and still be profitable because we understand approaching trading in this systematic way. Same is true in this case where we're making three times what we're risking. Now that's gonna put us at a one to three
[22:31] and mean we only need to be right 30% of the time on our trading strategy in order to be long-term profitable. This is kind of where I sit on my trading strategy as well. I'm only right 37% of the time, but when I'm right, I'm right really big,
[22:45] and when I'm wrong, I'm always keeping my risk contained. And all we're really trying to do in trading is do analysis and be able to boil it down to, can I trust that if I'm entering in the market at this time, all of the conditions are spot on to where I've already tested it,
[22:59] already figured out what the result is going to be over, say, the last 200 trades, to give me the confidence that me executing this the way I know I done and tested is going to get me to a profitable state over time Once again this trips back all of the need to have nerves of steel and to listen
[23:15] to yourself if you're losing a bunch of trades in a row. It blocks out all of that stress and all of that sort of gambler's mentality and keeps you in the game to execute only what you know works. Okay, but you can start to understand now why it would be bad to listen to other people who don't
[23:30] understand all of what I'm sharing with you in this video, starting to give you input and get into your head about certain things, whereas this is a game where you have to be completely by yourself and you can't be listening to any influence like that unless it's a like-minded
[23:43] environment that understands that. Okay, which brings me to step number nine, which is incorporating what are called confluences. Basically, what this is is starting to add more and more complexity once you have very simple rules that you're following in the market. Okay, so as we were
[23:57] discussing before building a strategy, say you have a rule where anytime you have a change of character and you pull into one of these gaps, this is where you're going to be taking a long position. Okay, and this model is either really, really close to profitable or it's still slightly
[24:12] profitable, but you want to push it to be even better. This is the only point where you should be adding more advanced things onto your chart. Before this, it should be very, very simple, only market mechanics, reading volume, price action, and very, very simple things. I promise
[24:26] you this is the foundation for every professional trader that is trading. It is super simple and once again comes down to the individual's ability to execute this, not the fact that they have some magical strategy that is making them win when others are losing. Like I said, everybody's
[24:40] trading the same information. So let's say, for example, we took this trade and we decided we're going to take profit when our RSI or relative strength index is overvalued. And then say we're going to repurchase when the RSI touches this bottom level. So here it touches the bottom level
[24:55] again, comes back down to this gap and say this is where we purchase again. And we decide to only sell when price is going to get up into this RSI band again, which would bring us up to here, which would allow us back to back to make four units of risk and 4.5 units of risk,
[25:09] which is now almost nine R. So if we're risking $100 per trade, that's now $900 in profit. You can start to understand how we can add things on to a strategy to maximize the result and stick
[25:21] to a simple process and then just measure it over time and make sure that you're making positive R. that is the game of trading. If you want to learn the foundation of the model that I like to use in my trading, obviously there's certain things that I have to leave out to be fair to the private
[25:34] members of my team, but I basically outline exactly how I do this in the confluences that I'm looking at. I'm also going to put that at the end of the video so you can watch that and sort of lean into what I'm doing each day. But I can't emphasize it enough. Start simple and only add
[25:48] once the frame is working instead of trying to throw a bunch of indicators and added layers of evidence onto something hoping that eventually it will work. Okay, step number 10 from here is going to be doing something called journaling and backtesting. Okay, so once you've practiced enough
[26:02] and you have your model and you have an idea of what you think could be working in the market, you need to be able to go through and actually run a bunch of examples with using the bar replay strategy to be able to get the data, look at how you would execute it in real time, and then see
[26:16] if you actually would end up being profitable over that amount of time. Okay, so this is where you're going to start something called R Replay. Okay, and so what we use is something called a trade journal. Okay, and a trade journal is basically just going to be a log where we can
[26:28] input different pieces of data from our trading strategy to then be able to go down to the whole data collection and look at how much money was made over time, how many units of R were made over time, over how many trades. And this is going to give you a clear picture of how you're likely
[26:43] to do once you implement the strategy without ever having to put a single dollar of risk into the market. Like I was saying, the first step that people like to do is to throw money into the market, whereas that should be the last thing that you do after you've done all of these things
[26:56] that I'm showing you and you have the proof of concept. Trading is the only business where you can literally dry run it, see how you're going to do it, and then only do that. So there literally should be no reason to waste money on an unproven strategy just trying to trade it.
[27:10] Okay, and what this also allows me to do is basically be able to go into this column here and visualize all of the winning trades that I've taken. You can also visualize all of the losers that you're taking. And even if you can find, say, two to three commonalities
[27:24] from the winners and from the losers, take a note down on that and say, if I had removed this type of trade from my data, would I have a net increase in R or a net decrease in R or the profit that you were making?
[27:36] And if you have enough trades and can determine if you can cut out one or two bad behaviors over time, This is how you're able to kind of tweak and improve your own trading. But once again, it relies on you being open enough to take that feedback about being wrong,
[27:51] losing money, making mistakes, and be able to learn from it rather than push it off to the side and try to ignore it to preserve your ego or to try to act like, I know what I'm doing. I wouldn't have done that in real life or next time I won't trade that because of X,
[28:04] Y, and Z reason. Having an open mindset with this is going to be super important. Okay, the last step to really kick things off into your trading journey is going to be to begin with simulated trading. Now, once you have all of your data and you've pretty much
[28:16] figured out your strategy works, you want to be hyper aware of the difference when you're actually executing these trades on a paper trading account, but still trading it in real time with real live market data. The reason you don't want to start immediately with this is because with Barreplay,
[28:30] I can cover a whole day's of trading in maybe about 10 minutes versus sitting there in front of the computer for the whole day trying out that trading system. So you can expedite the learning on that really, really quickly. What you can't account for is that when the candles are moving
[28:45] really slowly and you're starting to hold yourself accountable on your paper trading, so you're simulating it, but you're executing it on a real exchange or brokerage in real time, you're seeing whether or not you miss entries or whether or not you position size in real time
[29:00] properly. And what you want to expect immediately is that the results are going to be diminishing from the replay to the paper to the live. But it's really important to make sure that in between those stages, you're not making emotional mistakes that aren't accounted for in your bar replay
[29:16] original tests that led you to profitability. The closer you can link those behaviors together and become aware of the emotional hurdles that come with actually trading in real time and then trading with real money, it's going to be really the last layer of where you focus. And that's the
[29:30] majority of the focus that we do. The last stage that we work on, especially on the private side of our team, is holding in on what is holding you back from that next layer. Because once you break through that. It's like pouring fuel on a fire. And that's where I've seen people explode into
[29:44] becoming six-figure traders and making it their full-time thing is getting to that last stage. Okay, so as promised, this is everything that I would learn from here in order, starting with psychology, trading fundamentals, charting, technical analysis, tools and indicators,
[29:59] trading math, execution, smart money concepts, backtesting, everything. These are all videos that I would recommend that can get you to that next level and learn all of these things and take all of these high-level concepts and learn them one by one in a systematic way. If you want access
[30:14] to this, I'm going to put it in the tools resource below that is directly in the description so you can move forward and continue learning that way. If you want to watch videos on technical analysis, I'm going to put a video here. Make sure you like the video so we can push this out to as many
[30:27] people as possible. If you want to trade live with us every day and learn the nuances of these strategies and be in our private side of our trading team, you can check out the link right here. Make sure you share this video with someone that you feel needs it, but hopefully you can
[30:40] implement all of this and get closer to that ultimate goal of being a trader and living how you want. But until next time, I will see you all in the next video.