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yo what's good boys welcome to another
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boot camp vid
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um again no freaking clue what day it is
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but hey we're on that grind
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we're on that uh we're on that Grind
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Time all right so today we got another
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psychology vid before
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before we can jump right into
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um
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before we can jump into equilibrium
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tomorrow which I'm excited for because
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once we finish equilibrium we can start
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putting everything together you know
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show you guys my strategy all together
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putting everything together
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um how you can actually execute and I
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think um once we finish that up we can
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get into the psychology vids like
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trading training plan
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um like some some things because I'm not
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gonna lie with these psychology videos
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I've kind of been like
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stalling on a lot of information because
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it's like I want to tell you guys stuff
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but I can't right now because you don't
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have everything and you're not even
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supposed to be trading yet you're just
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supposed to be learning these Concepts
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and I haven't even given you the
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strategy yet so I it's been it's been
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kind of a struggle with these psychology
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vids um so far because it's like
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you know how much can I give you
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um you know like before you even know
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like how to execute and how to trade how
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much can I give you
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um until like until like run until I run
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out of [ __ ] you know until
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um
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you know like you guys actually
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understand how to trade like that's been
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my biggest struggle so
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I'm still in Miami unfortunately I want
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to go home
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um I was taking a nap so I'm sorry this
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is getting posted late I've I've really
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really been um been struggling dog uh
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I've been losing sleep um I've been
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working working myself like
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I've been working myself real hard for
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y'all um and it's and it's been hitting
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me
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um pretty pretty drastically but it's
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been hitting me pretty hard
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um and
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and you know my uh
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my goal is to um
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is to get back to Puerto Rico get good
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night's sleep and then you know get a
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bunch of content out to you guys and
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hopefully it's uh it's some quality
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content because I really do like making
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these videos for you guys but it does
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kind of suck the life out of you a
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little bit when you're when you're doing
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these day in and day out and then also
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trying to manage
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you're trading manage three businesses
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it's it's a lot
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um and and I'm doing this solo over here
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it's uh it's pretty difficult but
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um yeah I to be honest I don't really
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know what this uh what the psychology
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vid is going to be on today where we're
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kind of just shooting the [ __ ]
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um
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let me think what have we already
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covered covered how to take a loss
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covered how to take a win
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um we covered
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covered greed in the market a little bit
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um see I wish I could make that trading
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plan video today
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um
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let's think what was something that I
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was uh
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oh here we go perfect
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let's talk about overconfidence bro
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let's talk about some overconfidence
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because
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um today this is this is something that
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I was that I was thinking about and that
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I very easily could have fallen into so
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today we we obviously hit a great trade
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you guys probably saw the trade recap
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video right we hit all of our take
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profits and you know as a beginner
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Trader if that if I if I took that trade
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as a beginner Trader I immediately would
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have been got would have got back right
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on the charts and started searching for
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another trade started searching like how
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can I turn these profits into something
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even more and that is a terrible mindset
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to have that's like that's that's that
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greedy mindset that's that
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overconfidence right you need to
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understand that we're playing purely off
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of probabilities over here
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right and damn that damn shoulder vein
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um but yeah we're playing purely off of
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uh off of probabilities and that's what
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trading is we're playing off
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probabilities and the lower probability
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that you have
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um the the less likely you are to to win
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right so if we if we go into a trade
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right at the beginning at the beginning
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of Market open right based on how we
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trade that is when right price and time
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theory that is when we are going to be
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most probable right because that's where
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new money comes into the market we
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usually see a liquidity sweep we see
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orders get filled all these new orders
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that are coming into the market they
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have to get filled to push price in
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whatever Direction it wants to
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right and this is why I always say I
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only want to take like one to two trades
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if anything like one trade is best a day
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because
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right
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you're taking that first trade that's
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super high probability and then
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everything after that volume starts to
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die out right
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um you won't be able to catch the top or
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the bottom of the move you're catching
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retracements you're catching lower risk
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reward trades you have to wait for
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trades to develop longer because
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um they're literally just taking a while
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to um to play out and that's never fun
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um so yeah let's talk about
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overconfidence
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um and that isn't even like
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this also isn't even like a like
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something where um
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you know like where where it has to do
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with over trading really because like
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yeah you can be overconfident and take a
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bunch of Trades and then lose a bunch of
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them because you think every single one
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is like the trade that's gonna make you
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guess what you're not going to take one
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single trade that's going to make you or
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get you out of that damn hole that you
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dug yourself in in the first place if
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anything if you're searching for that
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one trade to get you out you're
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literally way better off putting it all
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on black or putting it all on red bro
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like a hundred percent you are way
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better off doing it
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the gambling route then going through
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the trading route because one you're
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playing off of greed you're playing off
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of emotions and that already lowers your
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probability because you're forcing a
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trade that's low probability that you
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haven't even thought out that you kind
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of force your bias upon the market when
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the market isn't even primed for that
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um and and it's just going to be low
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probability and you're going to try and
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catch a crazy risk reward
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with crazy high leverage and it'll
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probably be like your fifth or sixth
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trade for the day
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um and that's just stupid okay so how
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can we avoid being overconfident right
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it's simple right understand that we're
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playing purely off of probability
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uh and also understand bro you are a
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beginner Trader why are you watching
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this video right now because you are
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unfucking profitable put it in your head
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that you are not profitable
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you are not profitable bro you are not
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profitable so stop stop
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leveraging and stop taking five trades a
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day at like you you think you are
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profitable
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profitable Traders don't do that in the
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first place
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so why the [ __ ] are you doing it when
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you can't even trade be open and be
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accepting to knowing that hey I'm not
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profitable
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and that's okay
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I'm here to learn
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so when you get into the markets with
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that headspace of knowing that you're
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not profitable
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it kills that overconfidence immediately
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and if you can sit there and think okay
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yeah I'm here I'm here to play off of
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probability and you have to understand
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yes I'm very very very open to taking a
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loss because I know at the end of the
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day once I get learn this skill once I
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get the skill I will be probable and I
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will be profitable within the market
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if you go into the market
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with such there's there's a very small
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line that you have to be in when it
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comes to confidence and trading there's
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the overconfidence side and then there's
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the under confidence side where it's
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fear you can't get caught in fear and
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you can't get caught in overconfidence
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you have to be confident enough to take
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the trade not overconfident enough to
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over risk over leverage and over trade
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and you also can't be scared enough to
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where you miss your entry and under
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leverage and you know not taking the
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trade maybe waiting like too long to
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take the trade too long to pull the
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trigger
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okay and that's that's the biggest thing
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with trading it's not falling in the
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into the Trap of fear not following in
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into the Trap of overconfidence because
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if you're overconfident in the market
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and you think yeah I'm going to be 100
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win rate I can take a trade whenever I
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want and it'll hit take profit or I know
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how to read the markets now so it's just
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going to go my way every single time you
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see how that's a bad headspace to have
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because then guess what guess what
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happens when you lose a trade
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uh oh boom kills that confidence
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immediately and now you're in that fear
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Zone puts you from all the way up here
00:09:00
to all the way to back down there
00:09:02
because guess what you were over
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leveraging and over risking now you just
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lost like a couple you know a couple
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Grand on your 5K account
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and you're wondering why that happened
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for really
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flow really
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you know what I'm saying so let's be
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realistic with it guys
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give me a sec
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understand you're not profitable you're
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here to learn you're here to learn the
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skill and once you do learn the skill
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once you develop that confidence
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don't get ahead of yourself understand
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that losses are going to come even if
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you get a win streak when I'm on a win
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streak you guys I almost am encouraging
00:09:46
a loss I almost want to see a loss come
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because I it'll prove to me that I'm
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human again
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because when I'm on a win streak and I'm
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winning trade winning trade winning
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trade lots of money lots of money lots
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of money that can get into your head
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really really quick so if anything when
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that's happening I'm like I know a loss
00:10:03
is coming I know a loss is coming I'm
00:10:05
realistic I know a loss is coming I'm
00:10:07
not perfect in these markets this is
00:10:09
great this is awesome that I'm making
00:10:11
all this money but I know a loss is
00:10:12
coming so I can't get ahead of myself
00:10:13
and you guys need to think the same way
00:10:15
especially you guys especially need to
00:10:16
think that same way because y'all aren't
00:10:18
even y'all aren't even making money
00:10:19
doing this yet right if you guys get
00:10:22
like a little win streak say
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okay that's good I'm learning
00:10:28
however we have to know that a loss is
00:10:31
coming we haven't you haven't even
00:10:32
proved it to yourself yet that you are
00:10:35
profitable you haven't even proven it to
00:10:37
yourself that over the like a solid
00:10:39
course of time that you are going to be
00:10:41
profitable Within These markets okay and
00:10:44
then when you can prove that to yourself
00:10:45
when you can prove that to yourself that
00:10:47
you're profitable in these markets
00:10:49
remember what got you there remember the
00:10:53
skills that you learn to become
00:10:55
profitable remember that okay well
00:10:58
I was doing everything correctly I was
00:11:00
using risk management I wasn't over
00:11:02
leveraging I wasn't over trading I was
00:11:04
doing everything correctly
00:11:06
to get to this point so why would you
00:11:09
change anything once you've proven to
00:11:11
yourself
00:11:13
that you're profitable and that you can
00:11:14
do this wouldn't you want to keep doing
00:11:16
the same [ __ ] that proved it to yourself
00:11:18
in the first place why would you stray
00:11:19
away from the [ __ ] that got you there
00:11:22
you get what I'm saying so if anything
00:11:25
this is uh this is kind of like a an
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in-between of like okay be confident but
00:11:30
not too confident and also be confident
00:11:32
but not
00:11:33
fearful okay find that balance and find
00:11:37
how it works with you and your trading
00:11:40
whether that means like okay we're
00:11:42
taking just one trade a day and we're
00:11:44
seeing what my win rate is and we're
00:11:46
seeing you know
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literally if we're profitable off of
00:11:49
that and then it's like okay cool if I'm
00:11:51
if I'm losing a lot no reason to be feel
00:11:54
fearful no reason to be fearful means
00:11:57
use a demo right no no reason to be
00:12:00
fearful in the markets it means use a
00:12:01
demo account you clearly aren't there
00:12:03
yet okay Master yourself on demo gain
00:12:06
that confidence over them demo don't get
00:12:09
too confident
00:12:10
right because the worst thing you can do
00:12:12
is prove to yourself that you are
00:12:15
profitable over demo and jump into a
00:12:17
live account and then once you get onto
00:12:19
that live account you understand that
00:12:21
you're using real money and you have the
00:12:22
potential to make a lot of money
00:12:24
and start over risking and over
00:12:25
leveraging
00:12:27
that happened to me I was profitable on
00:12:29
demo and then guess what happened
00:12:31
boom go into a live account and not just
00:12:34
get screwed because I knew I was using
00:12:36
live money and I knew
00:12:38
I knew I was using real money
00:12:42
um
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and I wanted to make a lot of money
00:12:45
because I was like well I already know
00:12:47
how to trade I was profitable on demo
00:12:49
let me just like up my leverage a little
00:12:51
bit and and we'll do it a lot faster no
00:12:53
bro remember what got you to the point
00:12:56
that you're at
00:12:58
and and I'm going to be a [ __ ] broken
00:13:00
record by the end of this damn boot
00:13:02
campus and stop over leveraging stop
00:13:04
over trading but y'all need to hear that
00:13:06
[ __ ] day in and day out because I
00:13:09
swear to God bro I swear to God
00:13:22
I want to beat your guys's [ __ ] ass
00:13:25
bro
00:13:27
how can you hear me say this every
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[ __ ] day
00:13:32
and just not listen bruh
00:13:36
are you
00:13:41
that's you bro
00:13:43
you're [ __ ] stupid bro you're
00:13:46
literally stupid
00:13:48
your Mentor the dude that you want to be
00:13:52
who's doing this [ __ ] is telling you
00:13:55
every [ __ ] day don't over risk don't
00:13:59
over trade take one [ __ ] trade a day
00:14:03
then I go on my [ __ ] Discord I'm down
00:14:06
10 today I took five trades
00:14:11
wow
00:14:14
have you even been listening and then
00:14:17
you wonder why you're not [ __ ]
00:14:19
profitable
00:14:21
and the funny part is you'll go in the
00:14:24
next day with that same [ __ ]
00:14:26
overconfidence [ __ ] headass cause you
00:14:29
just watched another strategy video
00:14:30
thinking you found the Holy Grail you
00:14:33
[ __ ] didn't
00:14:35
that new strategy you found isn't gonna
00:14:38
do [ __ ]
00:14:40
that that new white labeled ICT Strat
00:14:43
that's literally the same [ __ ] thing
00:14:45
as everything else he's been teaching no
00:14:47
[ __ ] disrespect to ICT but he white
00:14:49
labels all of his [ __ ] and just rebrands
00:14:51
it so he can give you guys another
00:14:53
[ __ ] video to jack off to
00:14:56
it's not anything new his stuff is great
00:15:00
his stuff [ __ ] works like none other
00:15:05
but he he's running out of ideas bruh
00:15:09
like he's posting the same [ __ ] and just
00:15:12
giving it a different name
00:15:15
oh Silver Bullet Silver butthole bruh
00:15:19
silver [ __ ] butt plug it's a fair
00:15:22
value Gap
00:15:27
like are we being dead ass and y'all are
00:15:30
and y'all just like
00:15:31
[ __ ] gobbling that [ __ ] up and then
00:15:35
and then next thing you know you're
00:15:36
taking 20 of these [ __ ] trades the
00:15:39
next day and then wondering why you're
00:15:41
not [ __ ] profitable because you just
00:15:43
got so [ __ ] hard that a new strategy
00:15:46
dropped and then you go in so [ __ ]
00:15:49
confident because ICT or tjr or whatever
00:15:52
the [ __ ] your Mentor like [ __ ] gave
00:15:54
you a new strategy that you can't wait
00:15:56
to try and you just want to take a
00:15:58
million [ __ ] trades because you're so
00:15:59
confident it'll [ __ ] work because
00:16:01
your mentors do it
00:16:02
dog your mentors take one to two [ __ ]
00:16:05
trades a day
00:16:07
you need to do the same
00:16:11
your mentors don't [ __ ] trade like
00:16:13
okay I don't [ __ ] trade news why the
00:16:16
[ __ ] are you you're not profitable bro
00:16:19
you are nice bro
00:16:23
like when I go into my Discord and say
00:16:26
I'm not trading today I swear to God if
00:16:28
y'all trade tomorrow I will literally
00:16:31
beat your [ __ ] ass Federal chairman
00:16:33
Powell is going up on the pulpit
00:16:35
tomorrow tomorrow is probably going to
00:16:37
be one of the most volatile days bruh
00:16:39
and the day following the palace
00:16:41
speaking to today uh tomorrow and the
00:16:44
following day
00:16:45
Wednesday and Thursday
00:16:48
if you if
00:16:50
you think you can weather that damn
00:16:52
storm with one not even having knowledge
00:16:55
enough of technical analysis to take a
00:16:58
super high probability [ __ ] like in
00:17:02
the most perfect in the most perfect
00:17:05
setting you guys aren't even profitable
00:17:06
yet so what why the [ __ ] do you guys do
00:17:11
you guys think that you're going to be
00:17:12
profitable trading a [ __ ] Powell
00:17:15
speech bro
00:17:17
the [ __ ] Federal chairman Powell bro
00:17:21
the dude that runs the [ __ ] fed the
00:17:23
dude that makes decisions for that [ __ ]
00:17:25
and you think that that you can't even
00:17:29
trade profitably during regular ass
00:17:32
marking conditions during no news guys
00:17:34
today we had no [ __ ] news and
00:17:37
everyone [ __ ] won you wonder why
00:17:40
because it was high probability guess
00:17:42
what some of you [ __ ] are gonna
00:17:44
trade tomorrow and lose hella [ __ ]
00:17:47
bread or you're going to make hella
00:17:49
bread because you got [ __ ] lucky and
00:17:51
Powell said some [ __ ] that you probably
00:17:53
weren't even watching and you probably
00:17:55
didn't even [ __ ] know about and then
00:17:57
made a bunch of money and now you think
00:17:58
you're the [ __ ] man guess what you're
00:18:00
gonna trade again tomorrow and you're
00:18:01
gonna get [ __ ] because Powell is
00:18:03
speaking again tomorrow and the odds
00:18:04
that you get lucky again pretty [ __ ]
00:18:06
low guess what if you win again you just
00:18:08
screwed yourself if you win twice
00:18:10
luckily you just screwed yourself now
00:18:13
you think you're on the top of the
00:18:14
[ __ ] world you think you know
00:18:15
everything you just over leverage and
00:18:17
over [ __ ] traded to like making all
00:18:19
this [ __ ] bread
00:18:21
now what bruh
00:18:24
so if I can get that confidence out of
00:18:26
your head
00:18:27
okay
00:18:29
and don't trade tomorrow and don't trade
00:18:31
on Thursday so with that being said
00:18:34
don't be [ __ ] overconfident
00:18:35
understand you're not profitable you're
00:18:37
here to learn understand that damn skill
00:18:39
let's get after it equilibrium tomorrow
00:18:41
we'll catch you boys peace
