How to Become a Profitable Trader in 2025

Transcript

00:00

so you want to become a profitable Trader well fortunately for you I've turned thousands of people into consistent winners so I know exactly what you need to do and in this video I'm going to show you how to become a winner as well we're going to look at what you're doing wrong how to fix your

00:15

problems the right way to view and approach trading and a simple four-step process that you can use over the next 12 months to become a profitable Trader we're going to dive straight into it by starting out looking at what Traders do wrong and by far the biggest problem that I see among traders who are

00:31

learning and aspiring to be successful is that they simply don't know what real trading looks like and look I don't blame you you watch videos like this on social media making outlandish claims completely unsustainable or entirely madeup ways of trading that simply don't

00:46

happen and don't work in reality and this is how you build your perception of trading and you start to see trading as this crazy money flipping method where you can turn almost nothing into massive amounts of money you watch people flexing Lifestyles and making it look in inedibly easy and you follow what they

01:01

say CU you think they are successful but I want to put it this way there's a lot of money in teaching in any area and I know there isn't trading cuz I make a fair amount of money teaching myself but these insane claims that mentors make on YouTube help the people that are making them to sell more programs if someone

01:18

tells you they can turn $100 into a million and they show you proof well then you're going to buy their program cuz you think you'll be able to do the same the more wild claims that someone makes the more supercars and diamond watches they can by cuz the more people are going to give them 2,000 5,000 or whatever it is to learn their secret

01:35

strategy that's going to turn them into a millionaire and because the people doing this are so caught up in the money and the lifestyle they're so addicted to it they give you these insane claims even if it's to your detriment which it entirely is it ruins your perception of trading from day one it fills your mind with unrealistic unattainable ideas that

01:52

these people pretended they did themselves and it messes you up from the very beginning and I know some people are probably thinking but it's real you can flip $100 to a million because I saw it the videos Prove it's real but let's put it this way right if we look at the mathematics this is a 999,9 per return if you did this just

02:09

two more times which why wouldn't you if you can do it once you would have $1 trillion that's one tenth of all the money digital and physical circulating in the entire world and it will make you 300,000 times richer than Elon Musk when you look at this math you realize how

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obviously fake and made up this stuff is and there's probably someone saying oh but liquidity issues mean you can't do it again 100 to a million's okay but anything past that and you run into liquidity issues look if you want to live in that dream world carry on just click off this video go watch a video of someone driving around in a car and

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doing some shopping and pretend that you're doing some work if you want to argue against the reality then that is on you but if you are ready to learn the real way to trade then stick around now not everyone is caught in this trap of social media right even if you understand that all of that stupid marketing is complete you still

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have a problem and that is that you don't understand what it is that you need to do to win because you aren't sure what you should be doing your focus is spent on the charts you are married to the charts trying to force setups to get some excitement or just get into a trade and try and make some money for the day this feels productive in the

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moment because you don't have clear direction as to what you should be doing instead so you don't study properly you don't operate with a real strategy and you trade based purely on hope that your next trade will work out and you'll make a few dollars or a few hundred today realistically whether you make that money today or not it makes no

03:29

difference two or 5 years down the line you're still going to be in the same position if you spend all your time just taking active trades without every other important element there is no method to the madness so to put it bluntly you're misguided and you're lost but it's not your fault and it can be fixed when you

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learn about the real way to trade all of this falls into place you'll realize that you've been wasting your time but you'll have a clear set path as to what to do next and that is what we're covering in this class so now let's talk about what you need to do to stop losing first things first just stop watching those videos if you're watching

04:00

a video of someone doing some shopping buying a bag driving a car whatever it might be showing off watches all this stuff it's not trading right think about it realistically you're just watching a reality TV show you're following someone's life you're not actually learning to trade you're not learning a skill you're not furthering your

04:16

abilities you're not progressing in any way because you're not watching education you're watching some lifestyle because it makes you feel good it gives you a hit of dopamine and it feels motivating in the moment but it's actually completely counterproductive so stop watching all these stupid videos focus on these boring old educational

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videos like the ones I make instead yes it's not as exciting but at least it's going to give you some skills that you can go and further your career with number two stop trying to flip tiny accounts okay you don't need to turn $100 into a million nor will you actually achieve turning $100 into a

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million what's going to happen instead is you're going to turn your $100 into a few hundred maybe maybe even a couple of thousand then you're going to lose it all and you're going to have no money so don't waste your time with this stuff number three you want to commit to doing the actual hard work that is required to

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become a winning Trader and what this hard work is we will cover soon okay and exactly what this hard work is we will cover soon in this video and number four you want to stop chasing shortcuts this holds everyone back and it is the main reason why almost every single beginner

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fails and quits before they ever reach success so what do I mean by shortcuts then well we mean things like holy grail strategies searching for this Holy Grail that's going to give you 90% win rates and make you win every trade things like that number two trying to flip money for

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giant fast returns so turning your tiny money into big money number three investment schemes copy trading and number four signals so let's break down each one of these why they're bad and why you need to eliminate this from your focus when you're trying to learn to trade number one then the Holy Grail

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strategy there isn't a magic pill trading is not about holy Grails there's no strategy that's going to make you win every trade and searching for it is a fruitless Endeavor the real Holy Grail in trading is getting your perception right like you are right now and understanding that you only need to win

06:06

40 to 50% of the trade you take with a positive return on the winners that you take that understanding of the probabilities actually becomes the Holy Grail but it's not some special strategy it's going to make you win all the time the Holy Grail forms inside of your mind and will be fully developed by the end of this class so searching for the Holy

06:23

Grail strategy is a complete waste of time and money you're not going to find it it's nowhere out there to be found so flip it accounts now as I said this is unsustainable don't believe for a minute that someone turned $100 into a million yes you could turn 10 into a th000 yes

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you could turn 100 into 10,000 if you get lucky enough but the problem here is and the reason that you can't scale that same result all the way to a million and Beyond is because it's completely unsustainable right to do these kind of numbers in order to turn a tiny amount into a very large amount you have to be

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trading with massively exacerbated risk and leverage which means you are basically one or at most two trades away from losing all of the money in your account so for example one time in 1 hour I turned $100 into just over $1,000 but guess what happened the next day I

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lost it all cuz I was overleveraged and as soon as you inevitably hit one or two losing trades all the money's gone it doesn't matter if you made $1,000 yesterday if you've now got no money left it's all gone including the principal it is a complete waste of time and money investment schemes don't get

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me started on investment schemes people saying they will triple your money in 3 days with 100% guarantee stuff like this only beginners fool for this but it's all complete investment schemes are 99.999% of the time complete scams you

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will literally just get robbed making it a complete waste of time and money so I want to just quickly explain how these work here's a Channel with my name and my picture and this person is offering crypto current Investments whatever they may be they're pretending to be me

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basically then my audience trusts me so they go into this group they think this is me they give money to this person thinking they're going to get some crazy returns doesn't happen they get robbed so if you're trying to shortcut by going for Investments that are going to double or triple your money with 100% guarantee

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it's all a lie it's all a scam they're impersonators that do this they do it for pretty much everyone with a following in the trading space don't fall for this stuff okay investment schemes they're all scams copy trading is often the same and even if you do find a legit copy trading platform you're going to spend more time money

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then it actually returns which means it's a waste of time and money it's also going to kill your focus and attention and draw you away from learning for yourself so don't do this and signals I hate signals it's near impossible to win with them most people selling them suck at trading all together and even if the

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person offering the signals is profitable you won't be because of variables imagine they take two losing trades and one winning trade and that one winning trade wins way more than the losses and is a profitable week but what if you're asleep when the the profitable trade goes out what if you're in a meeting at work you've missed it now

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you've got two losses whereas they're having a profitable week you're losing so variables make signals incredibly difficult to win with longterm it's pretty much gambling at that point and once again they draw away your focus and create dependency on the trader that is providing them to you so don't waste

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your time with these as you can see all of those shortcuts have one thing in common and that is that they are all a waste of time and money don't put your focus into these go the hard route instead they burn your trading accounts to the ground they steal all of your focus and attention and they get you

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locked in what I call the cycle of Doom so here's how it goes you find a new shortcut you found a new signal provider a new investment scheme a new strategy on YouTube you're all excited you think it's going to be great you think you're going to make a lot of money doing this this is your key to successful trading

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you waste a bunch of time on it maybe a few weeks maybe a few months you put time energy Focus money into this and then you start to realize this is not going to work you lose the money all the time's gone you're not getting it back and then you give up eventually and you fall back to step one where you find a

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new shortcut which you think is going to solve the problems that you've faced so far this is where you're living right now and this is why trading feels so frustrating and impossible so think of it like this how many times have you joined a new signal group watched a new mentor on YouTube tried a different

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strategy bought a new course but you're still not profitable that's because you're stuck in this cycle where you jump from something to to something new it doesn't work and then you jump around again and you just continue going around in this hamster wheel of losses Financial losses time losses and create

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massive frustration and stress for yourself if you want to win and really get serious with trading you need to put an end to all of the timeconsuming money burning nonsense that you've been stuck on for however many months or years it is that you've been trading and it starts with shaping your perception so what if I told you that you don't need

10:53

huge 50% winning months you don't need to flip accounts all the time you don't need any of these crazy shortcuts to win in in fact all you actually need to win in trading and this is going to shock you is a strategy that will consistently provide 2 to 5% per month to you now

11:08

More's better of course 5% to 7% 8% 9% 10% whatever but if you could make 2% per month now most people could do that right if you had the right system to allow it you can make thousands tens of thousands of dollars per year from your trading and I know you probably think 2

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to 5% is insanely low because of what you've been taught online but let's put it this way it's not 90% of Traders make nothing which means you are in the top 10% simply by making even 1% or 0.5% per month if you take a look at what some of the greatest traders in history have

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said throughout books like Market Wizards and interviews these guys make between 2 to 5% per month generally never anymore now yes they are trading with larger Capital they're trading in Risk averse ways but why can't you trade large Capital why can't you trade in Risk adverse ways as well because 2 to

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5% if you have an account size of $200,000 is $4,000 to $10,000 per month that's upwards of 50 to more than $100,000 a year from your trading with what you might see as measly returns but these small consistent percentage returns turn

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into large quantities of money directly in your pocket I know you might think I don't have $200,000 how am I going to trade with that but Capital comes easy nowadays and it comes as a byproduct of successfully applying a good trading system if you've got a system that performs well and you apply it well so

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you're trading well Capital will come to you we have companies called prop firms nowadays they'll give you $1 100,000 to a million dollars to trade with and you get to keep 70 to 90% of the profit you make all you have to do is prove that you are consistently profitable and if you have a good system this will happen

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as a byproduct so even if you've only got $300 to your name today there's no reason that you couldn't be trading $100,000 next year and I don't want to bore you with this but just to show you that it's actually possible here's just a bunch of traders that I've taught who are doing some pretty crazy numbers $10,000 per month or more with funded

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capital and this all comes just as a byproduct of building and applying a good trading system that's a hell of a lot of money to come in from Trading without any of these stupid shortcuts or account flips or signals or anything of the like so what I'm about to show you is going to change the game for you as a Trader I'm going to take you deep into

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how successful trading looks so what we have here is pretty much the blueprint of becoming a profitable Trader we take the very base elements like technical analysis risk management and mindset and psychology and turn these into something that will create lasting success I'm

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going to take you through this from start to finish so that you can see how we build upon each point so even as a complete beginner in trading it's likely that you've heard the terms technical analysis risk management and mindset technical analysis refers to anything related to charts this is what most

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people are interested in it's probably the most enjoyable and exciting part of the trading Journey risk management refers pretty much to money how we handle our money and how we balance the profits and losses from the wins and losses that we take and mindset and psychology refers to pretty much

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anything mental or emotional focused right now these are generally covered on a very surface level way when you look at videos on YouTube or free courses like baby Pips they say manage your risk keep your mindset in check but they don't really talk about how right and if

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we want to succeed we do need to go a little bit deeper so starting with technical analysis if we jump into this you can see that We have basically subtopics inside of the larger topic so I've covered things like top down analysis it's just a way of collecting more information so this is a trading

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style where you would use high time frame then medium time frame then low time frame like using the daily into the 4our and then into the 1 hour to find trades as you can see this gives you more information than simply trading one time frame so incorporating things like

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this into your trading is one of the big steps towards collecting more info doing better analysis and winning more trades now the second thing I covered here is technical Concepts basically I believe you can win at trading with pretty much any approach right you could even win

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with a indicator combo strategy if you tried hard enough although I don't think it matters what technical Concepts you trade with I do think you need to be clear with the elements that you are indeed going to trade if you're going to trade support and resistance then trade it if you're going to trade supply and

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demand then trade it if you're going to trade trend lines or indicators then just trade it what you can't be doing is trading support and resistance today and then supply and demand tomorrow because that shows that you clearly have no system and what you're doing is pretty much just gambling into each setup

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remember before I said you're trading on hope well that is exactly what happens when you're mismatching these Concepts right if one day you've got a trend line set up the next day you've got a supply and demand or SMC set up basically your problem is that you are unorganized and

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means you can't make your trading repeatable if you can't make your trading repeatable well then we can't bring all of these elements and turn them into this right which is what we need to do in order to succeed so whatever technical Concepts it is that you're going to trade just make sure you stick to it consistently and then the final thing I wanted to cover here is

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trade management this is pretty much how you nurture a trade when you were in it so we need to think about things like take profits where they're going to go and stop losses and what you're going to do with these as well because maybe in your system you could move your stop

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loss to break even when a trade is running in profit that might be a profitable thing for you to do if you tested it over the long term but a lot of people don't even consider this stuff right the management because it's not as exciting we just want to get into trade right that's the exciting part but

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really the money is made and actually looking after the trade when we've taken it so trade management is actually incredibly important now as I've just covered you can see that when we go through these different ways of improving our trading the main goal is to make it repeatable and turn it into a

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system right we want to make sure that we are following the same rules pretty much for every single trade we take right there could be slight deviations in analysis but it's always going to be the same Concepts we're always going to make sure to get the most information that we can and we're always going to make sure that we have a solid management process so when we get into a

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trade we can get out of it profitably in the future when that time comes and we pretty much have the same goal when we move on to risk management we want to systemize things here so the first thing to cover is risk to reward if you don't know what this is this is the best way to trade for long-term success in my

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opinion so risk to reward is class as a ratio so your risk to reward here for example would be this 1 to three this means our risk is one our reward is three which basically means every time we risk $1 we are trying to return $3 if

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the trade wins this allows us to win even if we only win half the trades we take right so so that means we can be wrong half the time and we can still make a considerable amount of money let me show you an example if we had a 1:3

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risk reward ratio and we won only 40% of the trades that we took so 40% win rate 1 to three let's say we take 100 trades 60 lose 40

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win on the 60 that we lose we are going to lose 60% so now we have- 60% but on the 40 that we win because we've got a 1:3 going on we're actually going to win 120% right so we have 40 * 3 and then 60

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* 1 so now we have 120% minus 60% which is going to generate an overall return of 60% over 100 trades which means average of 0.6% profit per trade right which means

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every time we take a trade we are basically making 0.6% whether it wins or whether it loses right this average is out to create this 0.6% profit per trade which is an awesome thing to know because if you can just consistently do this well now you don't even have to be

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right half of the time right you can be right only 40% of the time and you still going to make 60% every time you take 100 trades let's say you take 100 trades over the span of a year let's say 60% return over the year which is around 5% per month a very healthy profit and something to be very happy with so you

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can see the next thing I noted on the risk management section is just an understanding of the probabilities I've just showed you those probabilities so it's just a consideration of this the other thing to consider is that you can remove your ego from Trading now this also kind of directly correlates into

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some of the mindset based stuff basically you don't need to be worried about being right and stroking your ego if you know you can win even when you're wrong okay so just understanding these it's going to be related to the risk reward the win rates and then of course ego related things as we've just said

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right get these things right and you will do a lot better and as I say this does pretty much link into psychology as well now the final note I've got from risk management is risk per trade so we want to make sure we are risking the same amount on every trade we take I like 1% you could do at the very highest

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push 2% but you could also do and I quite like this one as well say you've got a funded account 0.5% that's going to keep your Capital safe now the main rule with your RIS for trade is just to make sure regardless of what you choose you keep it the same right cuz let's say we go back to that 40% win rate example

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but we were mismatching our lot sizes right we have 60% of losses but let's say they were all at 2% well that would be minus 120% right if we also had 2% on the 40% of winners so we were making 6% per trade well now we would actually

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make 240% across 40% of winners but let's say the 40% was actually at 1% risk say we we got unlucky all of our losses were the big size ones all of our wins were just 1% wins well now we've got 1% time 3 so we have 120 here so

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we've basically got 40 trades out of 100 times three because they are 1 to three trade we have 120% return but we have 60 losses at 2% so we have 120% loss so now we've done an entire year of trading and we make z% obviously not great right so this is

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why you need to keep the risk per trade the same either choose the 1% or choose the 2% or choose the 5% but don't go on a case-by Case basis your risk per trade must remain the same for every single trade that you take okay so what we've

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just covered here has once again turned into a system so now we've got a system for our technical analysis we have a system for our risk to reward and we'll just briefly cover mindset and psychology this is going to cover things like understanding that probability and ego also just remaining patient and

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waiting for trades that are good staying disciplined enough to follow these systems that you've created here for risk control and of course for technicals and then keeping a long-term focus is just about keeping your eyes on the bigger picture right we want to make sure we are looking over a 2 3 four 5

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years span not just looking at making a couple hundred today because that is not going to help us in the long term so everything that I've just showed you comes together to create a system this is a repeatable plan that will cover a bunch of different aspects we've got

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here mental factors our risk Control Systems our analysis process the entry criteria we use to get into trades the trade management process the back testing process the journaling process the Capital management process so obviously we know what these are what

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these are what these are what these are and what these are we've also got some extra elements this is how we validate uh trading this is going to become very relevant soon when I get into that four-step process the journaling process is how we improve so back testing is

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where we trade in a simulation right we use a software that will allow us to test our systems out in real time using past price data there is no risk here but we can collect a lot of information and also build our trading experience as

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well even though we're not trading live we get to look at hundreds of different hours and days worth of chart price action to understand how the market moves journaling is where we track the trades that we take and then we Rev them and when we review the trades that we've taken in the past we get to see areas of

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improvement we get to see areas where there will be lots of losses right and then we can try and eliminate the reasons for the losses now this all together will create your base trading success but we need to create lasting success so pretty much everything that we've covered in this area is going to

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be crossed over and continued onwards so we will continue to do back testing we will continue to do our Journal reviews to make incremental improvements we will make sure that any money we make we are making smart use of it so we are going to try and scale this Capital we're

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going to save and we're going to invest this Capital to make sure that aside from Trading we have some money some wealth right you don't just want to gamble it all in trading it's one way to make money of many there are better ways to preserve wealth and this is where that smart use of capital is going to come in obviously I also believe you

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should continue studying you don't have to continue studying of the people's work when you're profitable I don't do that now but I do study when my own work I do study my own charts my own back testing my own results anything that I can to give me a further Edge or uh reverse engineer things in the markets

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to try and understand how things are changing and how we can continue to improve based on study and then the final thing is just accountability so be real with yourself and stay focused okay that's pretty much it and if you do all of these things you are going to create that lasting success that we've talked

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about so following on from that blueprint that we've covered you're probably now starting to see the key to successful trading is through systemization allowing your strategies and systems to do the heavy LIF thing for you to balance the profits and losses that you are inevitably going to take an understanding of the importance

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of trading systems and strategies along with an understanding of the math behind successful trading is exactly what you need to start making massive strides in the right direction towards your progression you will never become a consistently profitable Trader without a trading plan you need one I'm going to

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help you set one up so we are going to look look at what a trading plan is what a good plan includes a trading plan that you can use so we're going to test one together in real time how to test your plan it's going to be weaved into that and how to validate your plan so that you know it is profitable so first

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things first what is a trading plan well a trading plan is simply a systemized list of rules that surrounds your analysis and your risk management turns it into a process that you can continually repeat every time you come to the markets and a successful trading plan is going to cover Three core

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elements primarily first of all is our analysis methods what kind of macroeconomic or technical Concepts will you be using in your day-to-day trading and what will that look like such as top- down analysis different entry criterias the actual Concepts you'll use

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whether that's trend lines support and resistance supply and demand woff whatever it may be and the analysis needs to cover everything from the very beginning all the way through to your management technique so will you go stop loss to break even will the trades be set and forget whatever it may be it all

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needs to be covered once your analysis is covered you then need to look at risk management you need to try and build a process once again systemizing your risk control methods so this is going to include things like what kind of risk reward profiles are you going to look for risk reward for those who don't know

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is simply how much are you going to risk to return how much so for every $1 you risk you probably want to aim for $2 or more in returns so you've got positive risk to reward you pretty much need to build in a minimum risk reward that you're going to focus for if you do that then your system Edge becomes a lot

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clearer if you're going for a 1 to one one day A 1 to2 the next day and then a 1 to 0.5 your system's going to be kind of all over the place you need to put a minimum in place I recommend two we'll look at that in just a moment though what does the win rate need to be and what kind of win rates is your system through testing going to achieve now

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I'll show you how we can kind of work this information out and we're going to go through from start to finish of building a plan testing it and then having a look at the results that it forms how will you manage your stoploss orders we kind of brought this in on the analysis method when it comes down to trade management pretty much in a nutshell just get every risk management

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concept that you need risk reward win rates trade management risk per trade all of that stuff try and systemize it as much as possible alongside analysis the next thing then is just rules additional rules that you put in place things like loss and profit limits if you lose x amount per week you'll stop

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trading if you make x amount per week or month you'll also stop trading to make sure you lock that profit in and don't just go and risk it all and lose it all again how many trades per day how many trades per week will you allow your system to take you don't want to be taking 10 or 15 trades a day most Traders will absolutely not want to be

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doing that and will lose money by doing that but some Traders do so building that into your plan say you can only take one trade per day well now you know you're going to take the best trade that that Day offers you're not just going to be firing off at every random position so other guidelines as well fall into place here we'll take a look at some of these in just one moment with these

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elements of a successful trading plan in your mind now we're going to go over to notion an fx replay which is a back testing platform I'm going to teach you a simple trading plan we're going to take a look at building one together then we're going to get into trading on the charts and we'll see how it goes then we'll take a look at the analytics

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so let's get to it all right so here we've got a base trading plan that we're going to look at today and we're going to back test that on FX replay which is a back testing software so the trading plan we're covering the risk guidelines and the analysis processes as we've just mentioned and this is what we're going to be working with initially so our risk

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per trade is going to be 1% that's going to be static fixed at 1% for every single trade we take otherwise we get that problem covered actually in the first class right so we want to make sure we stick to 1% we don't want to use Dynamic we don't want to be using 0.5%

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today 1% tomorrow 2% the day after and Ain 1% is a nice Central Baseline loss and profit limits I have set two trades per week as our loss limit so if we lose 2% in a week we will stop trading we're not actually going to see that because we're going to be trading higher time frames but this would become viable when

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you're trading multiple assets at the same time right we're just testing UJ today profit limit is going to be 8% for the month so if we make 8% we will stop trading that way we lock in the profits that we've made and we don't risk giving it back minimum risk reward it's going to be a 1 to two so we will only get into a trade if we have the possibility

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to risk $1 to make $2 or more in returns right we won't risk $1 to make $1 it's got to be a one to two or we will not get into the trade when it comes to our analysis process we are going to stick to primarily the one-day time frame now you might want to use top down analysis

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where you go from the weekly to the Daily to the 4 Hour to the 1 hour to whatever in your own personal trading but for this class we are going to stick to the Daily because I want to keep things simple and explain these ideas to you as opposed to getting really deep into a strategy so one day time frame is what we're going to use we will leave

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open the potential to refine to the 4-Hour time frame if it looks like we need to do that so for example if we're looking for a daily area to get in it's not very clear we go to the 4H hour at minimum to then identify that opportunity and our actual step-by-step process will be first of all identifying

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the trend so are be going up or down then we're going to look for supply and demand zones in line with the trend that's where we're going to enter from we're going to enter with buy or sell limits buy limits on demand sell limits on Supply when we rent trades we're going to set and forget them meaning we're not going to alter stops we're not

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going to go break even we're not going to do stop trailing we're not going to do partial taking we are going to enter and then the trade gets stopped out for a loss or hit the take profit for a return when we're actually looking for our targets for our trades where to put our take profits we're going to use open supply and demand and if that fails if

31:01

we can't find a clear open Supply or demand Zone to Target we'll then move on to using next swing highs okay or swing lows that is going to be not as great so that would knock down the confidence scale of trades or the quality of the trade a little bit not because it makes it any more likely to lose but because

31:16

it's kind of the second best to using open supply and demand and basically we're not going to be able to extend the targets as far targeting swing highs and swing lows as we would if we were just targeting supply and demand but that is the secondary cuz obviously sometimes you do need to compromise so going over

31:31

to the actual chart then we got our plan in mind we're now going to start testing we're going to do 6 months up to around the start of July I set this simulation to end so we're starting on the 1st of January uh and what we want to do first of all obviously daily time frame that's

31:47

where we are is identify the trend we want to make sure the Market's either going up or down so from the very low of the trend here we've started to see breaks in structure the these breaks in structure indicate that the market is indeed moving up they are forming higher

32:02

highs right Market that's forming higher highs and higher lows is up trending taking a look at the significant pullback points then this is a higher low we have another higher low here and then of course we just have the low of the trend here so the actual trending

32:18

fashion of this Market starts pretty much come down to this point we have this low higher high higher low higher high high higher low higher high right that's what the trend looks like uh pretty much from where we are right now we can kind

32:34

of pull from this that we are in an uptrend Because unless the market breaks into this low it's going to continue forming higher highs and higher lows right so we are in an uptrending Market where realistically we then want to be looking for buys generally what we'd

32:49

want to do to kind of increase the probability of winning trades would be to kind of wait for some of these smaller daily structure here to break so for example if we were to see the market come and close over this uh lower high that would then shift the daily here so

33:04

this daily Trend into an uptrend alongside the larger daily Trend so if we got this Movement we would then follow out the system by looking for our demand Zone and then we would look for a pullback to buy from okay so then that's

33:20

where kind of our trading would begin and if this doesn't happen obviously we are in a demand now so it seems quite probable up Trend demand Zone all good but if that doesn't happen and we get a break down well then what we would do instead is just follow the existing

33:36

bearish daily structure because we would then anticipate that this Market is changing direction and starting to move lower okay let's run this forward a little bit initially obviously not going to

33:51

really know immediately so the first thing we note here is that we have had a push and break over that high but it is just a wick right now so what you could possibly do is look for pullbacks and buys but because we want to make sure that the trending structure is moving with us um to pretty much the most

34:06

favorable degree possible we would prefer to wait for an actual proper closure Above This high so if the market did this then we could look for our opportunities to buy and continue the trend okay so running this forward a bit there we actually have a closure we've started

34:21

to see um significant momentum moving so what we could actually do is use this demand potentially for a long opportunity right this is something we could keep in mind now that we've had this push and break so this here has actually closed over

34:38

this previous High it hasn't closed over this Wick yet but it does provide the closure that we needed to see past the previous High to start validating long opportunities so if we were to get into this trade we have buy limit as our entry method stop beneath the low and then we want to Target open Supply zones

34:55

so that would be our open Supply there uh 14697 that of course however is not a two R trade so if we try scaling in the stop Blas as close as possible that's going to be a 1.8% this is where we could potentially start looking at is it

35:11

possible to refine onto the 4our time frame so I actually do see slight opportunity here this gray candle so I use last candle before the impulse for my supply and demand Z this gray candle is the last candle before the impulse so we

35:27

could actually go ahead and use the 4our refinement like this we could have our stop loss under the low still for the daily we only really want to use that 4H hour for refining trades past that we are back to the Daily and this would provide us with a 3.37% trade using 4H

35:42

hour entry buy limit on demand stop loss still under the daily low Target into the next daily Supply right so there so now what we'd want to do is just place our order which we can do because we're using a simulator $2,000 risk that's 1%

35:57

$6.7 th000 potential return I'm going to use a buy limit so let's throw that on there like that and see if this trade gets triggered so as you can see we reacted from the daily demand not the 4H hour so we can go ahead and remove this now because the targets already been met

36:14

when the targets been met like that it's unlikely the market is going to come and pull back for us so what we're going to do from this point onwards is just move on to the next opportunity nice and simple um obviously the daily would have been okay but the risk reward was simply not good enough to take that position but what we have had now taking a look

36:31

at this is a closure Above This Supply which pretty much opens doors to this Supply up here we know now that this is a bullish Trend right we've got actually an extreme Supply at the top and because we're expecting this Market to move into

36:47

an uptrend remember the bigger daily picture we are looking for new highs to be formed we'd say this target up here could be a very nice Target for us to try trade into if we get an entry okay so what we could actually do at this point if we take a look at this we got

37:03

daily retest daily retest we could look at this candle here I just like to use last candle before the impulse now obviously uh as we can see here we have pretty much consolidation and then we impulsed away so that's where I'd personally at the

37:20

moment like to use for my trade entry if the market pulls back to this level and then if we form any other areas after that well then we'll work with those instead right but for now this is a good little trade so I'm going to go ahead and place an order and then we'll see what the market

37:35

gets up to from this point onwards see if we can get a tap in here okay so we've been tapped in we're

37:51

now at risk we got 2.6% um or 2.6% potential return take profit then would be a win stop would be a 1% loss which would $2,000 but we've had a very nice reaction so far tapped into demand we're starting to get a pushup now remember we said we are set

38:07

and forgetting these trades so we're not going to do stop loss management which means there is possibility of it flipping on you but that's just how it is right there we go then we followed through towards the target that's going to be trade number one that actually got triggered uh the first trade would have been nice too but the risk reward wasn't

38:22

good enough hindsight could we have continued it through to where we are now it would have been good but we didn't know that at the time so targeting that nearer Supply was probably a good move so there we go taking a look at the realized profit we're at $5,000 but we are towards mid Fed so with a daily time

38:38

frame system like this where you're using daily and at lowest 4 Hour trades are going to probably come around about once a month per asset right so Euro USD might get one trade u.j might get one trade gbpusd might get one trade in a month right so you're probably looking at trading four to five different assets

38:55

and then seeing how you perform basically average out cuz it's going to be a very low frequency trading style we've taken one trade here uh and we are pretty much just a month and a half into the year right I'm fine with that I think that's fine but you just got to keep in mind that when you are trading higher time frame stuff there is that

39:10

possibility okay so it's not going to be super high frequency right we're going to leave that on if we take a look at what we've got now then we had a pushup from this demand we had a push from previous demand then we've had a push from this demand so just here last

39:27

candle before the impulse so this could be a good point for us to buy from for a next potential trade we're in an uptrend we're continuing that I guess what we should probably do first is uh see how the market comes in about this High I do think to be fair we're in a clear

39:42

uptrend on The Daily so targeting now that we've started pushing with some significance targeting just continuation of the highs in that larger daily Trend this daily Trend here would be wise and I think this would be a nice opportunity to continue buying but we're going to see if a nice clear Supply Zone

39:59

opens up for us to potentially uh Target for a position so see because we're daily time frame trading as well we are going to be waiting a while for trades to form so just this range here is about two weeks

40:16

of trading right where we haven't really done anything except go sideways so you want to obviously have a collection of different assets to pick trades from um if you're going to be swing Trading like this if you're day trading you can sometimes work with just one or two different assets cuz you're going to get

40:32

more opportunities so we're going to Target the swing high for a long here I'm still liking the idea of Longs I think everything's added up towards that this trend is now bullish uh in line with the larger daily Trend being bullish swing High seems a clear Target if we had another Supply to Target we would do but

40:48

I don't see one right now so we're going to place the order and just see how that goes UJ obviously when we take a look at this price action has been a very clean trending Market we could even see previous examples where these same setups will have worked multiple times right we have demand come back retest

41:04

demand and push using some of the more internal structure here demand demand breaker structure breaker structure blah blah blah there's so many setups that we could have taken using the past price uh data here with this exact system that we're looking at now because it's a strong trending

41:20

Market we could pretty much presume it to continue uh working quite nicely here we've been BL so far this is a nice movement First Trade was a nice movement this is like two trades I mean let's see how this goes we do have set and forget

41:35

rule generally at this time realistically I would be making Dynamic exit so I'd be getting out of that trade uh as opposed to leaving it just to catch the one more pip but we've left let it go anyway follow those set and forget rules that's a 3.64% win and a

41:50

2.62% win which on a $200,000 account which remember you can get these funded is a $12,000 return okay very very good stuff now presuming we are pushing to new highs we may be able to just follow the

42:06

same exact format again for a new trade so there's a couple areas we could look at here we can look at a full complete pullback towards this area and then the

42:22

other thing we could do because we've just pushed formed a range and then this new demand here has pushed a huge surge upwards we could also look at kind of this area for potential setups as well let's just have a look uh how this how this price action

42:44

goes so with the market rallying this much it may be wise to start following the trend a little bit closer this area here let me explain this to you just a little lesson on Supply demand basically because we reaccumulated here and we failed to break a high then we had this

43:00

huge surge through the high this area here that we've marked out has significant demand and significant buying pressure behind it otherwise it wouldn't have made such a huge dramatic movement like that basically because it was slow then it bombed like this it shows us that this area here saw massive

43:15

levels of institutional buy angle significant large orders on the buy side that is what we're looking for when we're looking for supply and demand right we're looking for significant buying and selling if you really wanted to refine this down to its pure yourest demand Zone it would be there but as I did with the previous setups I prefer to

43:31

just keep the daily low covered um this would be an idea of a setup as of right now we need to see maybe we formulate a little bit higher but I do think this is going to be a good point to work off

43:47

of we consider what we've seen here as well we have this High higher low pushup higher low pushup from the larger perspective because we've got certain sign significant momentum here I think buying from these areas becomes a little bit

44:03

risky I think we could potentially then go for this targets wise a little bit tricky realistically targeting new swing high would be okay and then obviously what we've got here is if this trade does lose so if we

44:21

were to get stopped out we would look for a pullback towards this area and then we could buy from there or what we could do to be safe if we wanted to because obviously we don't want to Stack losses would be follow up this

44:36

loss with see how we got that confirmation style trade here so we waited for the structure to shift and then we started buying we could do that same thing inside of this area if we fail from this top zone so we take one loss but then we limit ourselves from

44:52

taking two three four losses if the market keeps crashing through demand zones um we can continue with with the trend and if this fails shift into that motion so this trade's also got incredible risk reward once again no clear Supply but we are in a very visible uptrend we have this nice demand Zone retest we can buy from there stops

45:08

under the daily Zone 7.35% which would be a $144,000 return if this trade works and then if it loses we may even have better risk reward from this low Point providing we get the uh reversal confirmation that we would want to see so did we get tapped in or was we

45:24

missed on spread there yeah we are in currently we have to set and forget this trade based on the rules very very pinpoint entry there basically pretty much what I explained this is an area where massive new buying has commenced so obviously a pullback down and retest of that level is going to be a pretty

45:39

favorable point for us to start continuing higher there is opportunity for us to break lower with the areas of imbalance that we've got if that happens that is fine well we've got a very strong trending Market here I'm just going to

45:55

say it would highlight the um obviously different ways of approaching the system but with such a strong bullish Market we may be okay to just fill the target so we just run it through and there we go so this one again is a win and that brings us to

46:13

pretty much the start of July when our simulation is going to end so with u.j with this system if we take a look back at the rules daily time frame daily time frame Trend buy from imbalanced demand zones Target imbalanced Supply zones failing the imbalanced supply zones if we can't find one to Target we would

46:29

then Target swing highs right this would also work on the sell side if we had a bearish market we'd be selling Supply targeting demand or targeting swing lows so that is a very very very simplified form of a system now this one obviously 6 months three trades 100% win rate

46:46

you're not going to get 100% win rate with this system I promise okay this is only three trades is a small sample not all markets run like this as I'm sure you probably know so I wouldn't get super excited about having a holy girl strategy here because there are going to be different results on different pairs

47:01

as well okay if you're not in such a strong trending Market obviously a daily Trend following tra like trading system like this is not going to perform so well so what I'm going to do is I'm going to go back test Euro USD and we'll take a look at the combined results of these three very nice trades paired with whatever we get on EU we've piled the

47:18

analytics together just here so we can see the total profit and loss made through these two tests the same six months the same trading system was $46,000 now one thing to note the account balance says $446,000 this is because I ran two different tests both with $200,000 each

47:35

so it's compiled them together but realistically this would have been traded with the same $200,000 so the total account balance is generally $246 meaning it's around a 23% return okay now from what we can see by compiling these two we took 10 trades 71 three

47:51

lost as I said in the USD JPY example that was an incredibly clean trending Market which is pretty rare we don't usually see that which is why I went ahead and tested uh Euro USD as well the price action on Euro was a little bit more choppy so we actually got around a 60% win rate on that one instead of 70

48:09

I'd say that is probably more accurate because eventually this UJ Trend will come to an end you're going to have the choppier markets to work with the majority of other markets aren't as clean as UJ so this probably wouldn't be a 70% win rate it's going to be closer to let's say 55 to 60% based on the information we've collected so far but

48:25

we can see even then that's positive POS and our positive risk reward is actually going to make us win even if we were losing for example 70% of the trades we took 3.72 Will Keep Us floats okay so obviously being a daily chart system this is a very low frequency approach we

48:41

traded six months of data on two assets and we only took 10 trades which is pretty much just under two trades per month right that's fine if we added another asset that might add to that again we may have 15 trades over the 6 months you could trade up to four five six different assets with a system like

48:58

this because it is so passive and easy to do a 23% return in 6 months is very very good especially when we have such a strong win rate of 55 to 60% if we were to uh disregard of course the 100% win rate of u.j and the average risk reward

49:15

being so strong at 3.72 meaning every $1 we risk is on average bringing back $372 cents in profit so let's take a look at some of the information we want to pick out of our back tests and our data collection in order to build a positive trading plan and make improvements in the right direction the first thing we

49:32

need to know is what is our win rate obviously this small sample size we're going to call this around 55% to kind of suit the 60% more so uh on Euro USD I always like to be a bit more pessimistic as well when we're forecasting kind of how a system can do the way around with

49:47

this would be to just collect even more data you could do another six 18 months of data on this system that's going to kind of average that win rate out to something a little bit more viable to work with because you'll have more trades in your sample but I'm not going to do that for this video you can do that with your own systems when you get

50:03

to doing this yourself so we want to know our win rates first of all we then want to know our average risk reward we want to know how often trades are coming around for this it's around 1.8 times per month for two assets if we add another asset might go up to around 2.6 whatever then we want to know how big

50:20

our average winners are we already know that from the risk reward average win is going to be around 3.58% our average loss minus 0.93 so we're containing those losses to under 1% which is very very nice another important thing you need to know I'll explain why is the

50:35

average duration of winning and losing trades so we know that a winning trade is going to take on average 16 days which is just over two weeks it's going to be two trading weeks two sets of weekend and then two more trading days as well that's fine because we know that this is a very passive easy system so if

50:52

we know this we actually can give the patients to our system to allow these trades to play out because one place that Traders go wrong quite a lot is they start panicking after a few hours in a trade I need to get out it's not moving as fast as I wanted to but when you do your back test and you realize okay this trade's actually going to take

51:07

two weeks in order to reach a profit now you can give it that two weeks with confidence knowing that on average that's how long your system is going to take in order to pay you out okay if youve no idea how long your trades take then it's very very easy to get stressed out after a few hours or just one or two

51:23

days if you know that your winners are going to take this long it's easier to let them run we see our average duration for losses is half the time they're losing about a week but even then we should be leaving these trades for about 2 weeks anyway to see if they can pull through we should give them the patience to do that and I'm not saying that you

51:38

need to be trading for 3 weeks right you can do all this system application on a much lower time frame like the hourly and the 15 minute if you really want to but I'm just showing you the highlights here so we're looking for win rates we're looking for risk reward we're looking for how often trades are taken and then we're looking for how long

51:53

those trades take to either win or lose when we are in them some other important information you can pull from your system yet not quite as applicable to a swing trading strategy like this would be number one where are your trades taken where are the max risk reward trades taken where's the most money made

52:09

basically we see here it's a New York session across the board right for a swing trading strategy this doesn't really mean much because we're holding trades through multiple sessions every week but when you are trading on a day trading perspective it's good to see which is your most and least profitable

52:25

session because then you can start putting more focus into London for example and eliminating New York if that's unprofitable or the other way around whatever it is that your data provides same here performance by time it's non applicable to swing trading it doesn't matter when we get into trades

52:40

because they're open for weeks anyway but if you're day trading once again all you would want to do here is say okay well maybe this time 7: to 10: a.m. early in the morning is incredibly unprofitable for you for your day trading whereas let's say 12 to1 is high

52:56

hyper profitable so now you want to tailor your trading to try and find executions around this time at the start of New York and eliminate London and you're probably starting to see now how we get that base plan like what we built and turn it into something more personalized and more impressive with stronger improvements and better

53:12

performance long term right we're getting this info we tailor it we repackage it into a new approach to the system and then we test it again until everything is optimized now as we said this system did 23% obviously as I said here because the start balance is

53:27

classified as 200,000 plus 200,000 it thinks we're trading with 400,000 realistically that would be the same $200,000 across the board so we're looking at around a 23% return in 6 months of trading which is brilliant by the way we have around 3.4% in Jan 6% in

53:43

Feb 3% in March minus 1% in April and June and then around 12 or 133% in may now this is obviously a pretty good distribution we have mostly positive months the losing months are very small at 1% the winning months are considerably larger than that right 3%

53:59

6% 3% 133% almost so that makes for a very nice distribution where we are majority profitable and as we say if we added more Assets in as well some of these losses would probably go away too because we are going to hit those larger wins right so let's say in April we took

54:15

the 1% loss but say audchf if we bought that in may have taken a two three R winner that would then obviously overcome that loss so as I say we do have a pretty Limited sample size here but you're starting to see how these things come together and how we want to look at this data now one thing I want

54:31

to show you is this it's a Monte Carlo simulation and I'm pretty happy because I didn't even know this was in effect replay I was about to go to another website and then I realized that this is here so what this does is actually present to you whether or not your system is profitable or not so if we were to run this information with the

54:48

$246,000 start balance from where we are now our average gain is just automatically calculated it's around 3% 3 5% our average loss is 1% at $2,000 let's say we take 100 trades on this system we'll run five different

55:04

simulations if we were to run that simulation it's going to tell us the worst best and average outcome okay we could even do 10 simulations to get a larger average idea so we can see the average balance after taking 100 trades which is going to be a few years of trading here would be $691,000 which is

55:22

about $450,000 more uh in profit than what we actually have got at the start Point best case scenario is going to be at 750 minimum balance is going to be 608 so even if we performed as poorly as this system could possibly perform we

55:38

would still make a considerable return over 100 traes okay now as I said I don't think this 70% win rate is considerably accurate because it will go down right it will go down once we have a larger sample size we're not going to win every trade on UJ I promise so we're going to call it 50% just to be a bit

55:55

more pessimistic and a bit more realistic this is then going to give us the ideas over that 100 Trade sample the average balance is going to be around 520k Max 640 minimum 430 and what we're really looking for here is an idea as to

56:10

whether a system is viable or not now we can see here with a minimum of 100% return that's the very worst case by the way this rarely rarely ever happens you'd have to be crazy unlucky to hit that and crazy lucky to hit this the average is going to be around where you hit so anywhere from 500 to 550,000 is

56:28

probably a good Baseline for this long-term test right and this also compounds doesn't really include withdraws so that's something to factor in as well but really what we're looking for is this system profitable is there opportunity for it to lose we can see with a 50% win rate no this system is

56:45

going to win okay there's no way we can really lose in this system yes we'll have draw down but we are not going to actually be losing money over the long term if we drop the win rate to 30% let's take a look what that looks like now this isn't quite so good right we can see the worst case outcome generally

57:01

over 100 trades is going to be positive but there is possibility let's actually jump this up to 40 simulations we may start to see some going negative yes as you can see if we look at a larger average or for example if we looked at more trades you'd see that okay more

57:18

trades kind of fixes the issue but some of these go pretty negative before they start to pull back positive Okay so if we drop it to 20% I think that's going to ruin the whole system based on our risk reward you start to see yep we are now pretty much moving down the only way

57:33

to win in this instance it's possible but would be pure look and you're not going to perform well trading like this over the long term okay so this simulator here is really really solid for working out what kind of win rates and stuff you're going to need uh and the averages that you can expect to achieve on your system so from what I've

57:50

showed you you understand the importance of building out a trading plan and you're starting to see how this can absolutely change the game for you if you build out a plan like this and then you apply it in a tested simulated scenario you can start to build experience build information and

58:05

understand how to better your systems it will give you a good idea as to whether what you're doing is actually going to be a profitable long-term approach to trading and if not you can fix it and if it is you can improve it even further my guess is you probably haven't done any of this if you have congratulations you

58:21

need to do more of it and you need to do it better but if you haven't gone ahead and done some back testing you haven't tried to build a trading plan it's fine if you didn't understand that this was a thing but this is the most important element in trading now you can stop trading based on Hope like you are and

58:37

you can start looking at some of this very important information that our systems show us when we test them like we have in this video so you need a systemized process rolled into a trading plan that pretty much automates inside of your mind the risk management and all of the technical and fundamental

58:53

analysis processes that you will be using to find your trades entry criteria exit criteria trade management risk per trade risk rewards all of that stuff it needs to be systemized into a trading plan and that is how you are going to reach success so now we're going to

59:09

continue along this journey that we've been taking I've helped you to uncover A New Perspective on trading and I've showed you how to develop a validated system now we need to look at how to build your skills and experience without risking loads of money so that you can get funded with $100,000 or more in

59:25

trading capital and start becoming consistent in your trading we talked about all of the different shortcuts that hold Traders back like signals account flips copy trading and generally holding a short-term Focus but if we want to win we really need to eliminate all of this stuff cuz all it does is

59:42

cost us money time and focus with all of that stuff gone to succeed there's only really one solution and that is to slow down the pace that you're trying to win at because rushing is causing you to make loads of mistakes and waste your time looking for the fastest way to

59:57

success you need to go back to the beginning Back to Basics and commit to every step of the following four-step process that I'm going to teach you in today's class and that framework is what I call the LTV trading model now this is no crazy magic pill it simply stands for

00:13

learn test validate and earn and this is the process that I believe you should take in your trading in fact from the amount of people I've taught that have reached success by following this system I believe it's doubtedly the best way for you to reach success as well before

00:30

I cover the four-step process I just want to refer back to these worries that you might have you might think I don't have any trading experience so this probably isn't going to work for me or I've tried everything else and that hasn't worked so how will this but the reason that this framework is so

00:45

insanely effective is because it pretty much a hard reset on your brain so if you're brand new to trading it's fine you can follow this process from day one and avoid all of the losses chances if you're watching this you're not brand new you've probably been stuck for some time but if you follow this four-step

01:00

process it will begin as pretty much a hard reset on everything and all the bad habits that you've learned up to this point so that you can move forward successfully so you can do this even if you've got no experience or only losing experience up to this point and if you follow it all correctly you'll come out

01:16

the other side with five or six figure results and the capabilities to turn trading into a full-time career which I'm sure is your goal so here's exactly what we do then first of all all we are going to learn a particular strategy or approach to trading that fits around our lifestyle so you need to decide whether

01:32

you're going to be swing trading or day trading so here's exactly what we do in four steps first we learn a particular trading strategy or approach to trading that fits around our lifestyle when we've done that we move on to collect data on the systems that we learn and get familiar with them by testing with

01:48

past and present price data after that we validate the success of these systems and our general approach to trading and once we've done that we can finally go on to actually see the reward for our work we can earn by using these systems to acquire funded capital and leverage that capital for profit and this is why

02:04

I believe this is the best way to trade you don't have to lose thousands on the learning curve you might have already done that but you don't have to lose thousands more you don't have to invest thousands of dollars of your own money in order to achieve great returns because you'll be working with other people's money you don't have to spend 10 hours a day on the chart wasting your

02:21

life away achieving nothing in return and the whole process is systemized to ensure your success from pretty much the day you begin which is going to be today all things considered this beats pretty much anything else out there and now we will cover all four points of the four-step process to building a

02:37

successful trading career in the next 6 to 12 months and if you remember back to earlier in this series I told you we only really need to achieve 3 to 5% per month let me show you the math behind that if we're trading with $100,000 in capital which you can get hold of for literally as little as $500 that's

02:54

$3,000 to $5,000 per per month in average income bumping that up to 200,000 and you double up to 6,000 to 10,000 and if you tradeing with 300K well you can make 9 to 15,000 a month simply by achieving 3 to 5% small consistent returns and of course trading

03:11

is not smooth sailing so we do need to account for profit splits and losing months they will knock the profits a bit but you're also going to have bigger months right it's variance deviation one month may be smaller but another may be much much bigger and once you've completed this four-step process your career will naturally scale up so these

03:27

numbers can keep growing along with your personal skills experience and progress It's a naturally scaling career so now let's actually get into this four-step process make sure you listen carefully to everything I say from this point onwards because I'm going to be teaching you exactly what you need to do pretty

03:43

much quarter by quarter over the following year and if you do everything I say you will win so let's get to it step number one learn and it's not only charts that you want to learn about mindset risk management macroeconomics and pretty much everything else need to

03:58

be covered here so start reading up on news and how it affects markets make sure that your systems incorporate risk management and also take a look at some books and make sure you're consciously aware of the psychological sides of trading if you fail to get yourself properly educated on every single topic

04:14

it's like you're deciding from day one that you want to lose forever and now when it comes to the systems so the risk control and the technicals I suggest you choose a mentor whoever it is that resonates best with you it doesn't have to to be me whoever you find the most beneficial to your journey choose that mentor and eliminate everyone else in

04:31

trading taking what seems like the slow route is actually usually the fastest route to success so when you stop focusing shortterm and you eliminate those signals copy trading and all of that stuff and instead focus on just learning from the ground up you'll actually reach success a lot faster than

04:46

those who don't now the reason I say you should just choose one mentor and learn from them is conflict so I trade Concepts that look very similar to of many Traders nowadays we all use similar stuff but we use things in different ways so my system may look very similar

05:02

to someone else's but there specific intricacies like the way we Mark supply and demand the way we use imbalances the way we find our targets and our actual entry models they can be very different it's actually the big reason that self-taught Traders fail usually forever and if not then usually for quite a long

05:19

time because they are trying to take information from here and information from here and cram them together and it just doesn't work so whoever the mentor is that you've taken the most value from and that you resonate with the most choose them and learn your systems from them not someone else don't go nitpicking online to try and find a

05:35

little bit of information from this person and a little bit of information from this person cuz they just won't add up when I say this I am directly referring to macroeconomics technicals and your actual trading strategy when it comes to different risk control ideas or psychological based stuff or career

05:50

progression based stuff you can take that from anywhere because you can layer that value onto your trading system but just make make sure you stick to one person and one source and one system when you're trying to learn an actual strategy now on to step number two test I actually showed you previously how to

06:06

do this using back testing software and when you get this right you'll make money live 10 times as easy and the big question we want to answer before we start testing a system is does your system or strategy cover every single element of trading mindset psychology

06:21

macros technicals all of it needs to be covered so inside of your trading system you need technical analysis fundamental analysis entry methods trade management profit taking contingency exits so stop losses trailing things like that and journaling as well as mental management

06:38

because trading in a simulation allows you to collect years worth of data on the performance of your approach in just a few weeks or months in just one to two months you can make two to 5 years worth of progress and experience building which is why this is so much more beneficial than demo trading you get to

06:55

determine the viability of your systems way sooner therefore you can start making money sooner an awesome byproduct of testing alongside determining the viability is that you get to use your data to eliminate weaknesses we're not just talking about the concepts that you use to find traits we're also talking

07:11

about entry models exit criteria how to manage trades when you're in them as well as all the other stuff like Risk control risk to reward probabilities and win rates all of that stuff see trading is about having an edge and all of these things come together to create your Edge if one of them is missing you're missing

07:27

a key piece of the puzzle and you're probably not going to win for too long even if you have a good run for a few days or a few weeks once you have every element of your system dialed in it's time to test and you do this using a back testing software like FX replay I showed you this in the previous class

07:42

there's a card somewhere at the top of the video taking you to that with this software you can actually trade past price action and collect massive amounts of information before actually then going forward to the live markets now doing this will give you years worth of data market experience and a deep

07:58

understanding of your system a lot faster than if you try and do this on demo and the sad truth is nine out of 10 Traders skip the testing phase all together it's so rare when I talk to a Trader that they actually put in the time to back test which means that 90% of Traders have literally no clue if the

08:14

strategy they're using can actually make money and I want to show you an example from someone that I taught who followed this system to succeed so to begin with he was strategy hopping looking for quick fixes and altering his strategy based on information he found on random mentals YouTube videos and this held him

08:29

back from winning he had information overload when he committed to the learn and test phases he carried out a full year of back testing using the systems that I taught him since then he's acquired multiple funded accounts and achieved multiple payouts now you'll see some of these certificates are pretty

08:45

old now but check this out he's actually still getting payouts consistently just a couple of weeks ago before making this video he posted this with eight months of payouts in a row so you can see that the importance of making sure you take the time and energy to test your systems

09:01

before you start trading them live most Traders don't and it is literally the reason why most Traders fail it's probably why you're losing now you're misguided you've got no system you're kind of guessing at every trade everything's a Gamble and everything's based on Hope because it's a

09:16

probabilities and statistics game in reality that is what we need to focus on and without probabilities and statistics on our side we are not going to win longterm so get that testing in make sure you put in the work I know it's not as fun as live trading but it will set you miles ahead and I promise when you're making money with trading because

09:32

you tested you'll find that fun indeed so now on to step three validate do you know what the expected return of your system is month by month quarter by quarter year by year if you don't why are you even trading see to make money

09:47

consistently we need to know that we have a valid system for doing that so validating is the final step we have to take before we get to the good stuff the funding the profit and the actual career the funding the profit and the ability to quit your 9 to-5 and trade as a career so what exactly is this

10:04

validating stage then so validating is actually just a skill transfer process once you've done testing you'll have a good understanding of the statistics behind your system how often you win how often you lose your average risk to reward ratios that you achieve on winning trades how long winning trades

10:20

take to play out how long losing trades take to play out the best time of day and the best day to take trades and all of this information back testing however has one major problem and that is that it doesn't bring the psychological implications that live trading brings there's no money on the line you can fly

10:36

through testing really quick which is good in a sense but it also means you don't have to be patient while trades play out and if you're missing the patience the discipline and the ability to handle stress in real-time scenarios well even the best system is probably not going to be applied properly when

10:51

you take it to the charts so what we do in validation is take our system over from the testing stage onto small Live accounts and demo accounts to put them into action in real time so validating is where we build real life experience trading the markets with our tested

11:06

strategies and the goal inside of phase three is not to make money so if you're trading a small Live account don't worry about actually generating meaningful profits the goal here is to master your system and to master yourself and when you do this you can move on to facee 4 and you'll make a lot more money there than you will here by wasting your time

11:23

chasing short-time returns so how much of this validation this demo and small life trading do I suggest you do well realistically you only need to do 2 to 3 months and if that is successful and you have two to three profitable months where your system was applied correctly you can move on and if you mess up this

11:38

2 to three months well then you just do two to three more until you hit your goals and actually apply your system successfully to the real markets and I know some of you might be thinking 2 to 3 months is too long I need to make money now but if you rush this process you'll be stuck losing blowing accounts

11:54

failing evaluation ations throwing away money and wasting precious time as I said before the slow route is the fastest route to success so by this point you're probably starting to understand that all you need is the right system the right guidance and just one to two hours per day to actually

12:11

apply these systems to go through that learn test and validate stage so that you can move on to earning and actually making money from Trading and absolutely anyone can do this it's going to be hard work and it's not going to be as fun as active trading but I promise a few years down line when you're making significant

12:26

money from Trading consistently it will be very fun indeed now I already showed you some results from traders who use this system but I'm going to show you more to keep you motivated and make sure you understand that this can work for you you are no different to the people who we seeing win here and all of those

12:41

Traders I just showed you did this by following this simple process of building a skill set and then leveraging the opportunities that we have at our Disposal today which we'll cover now in Step number four earn the final stage earning this is where things get interesting and it's where you start to

12:57

see reward for the work you've put in up to this point if you focus in on the system that I've given you today there's no reason that you can't be at this point in 9 to 12 months time and look I know that might sound far off for some but realistically it's very close and if you're so short-term focused that you

13:13

think 9 or 12 months from now sounds very far away I promise you you are going to lose forever so just get your mindset right and be patient so in the earning stage what we want to do is start utilizing our skills and leveraging things like prop firms which are companies that will lend you money

13:28

to trade with or not lend at you they will give you money to trade with and you get to keep between 70 to 90% of the profits all you have to do is pass an evaluation to show you can make money without losing a lot of money and if you do this they will give you the capital to trade with you only need to put a tiny amount of money down I.E around

13:45

$500 to get access to 100,000 in buying power and you can scale up and leverage from there so regardless if you're super broke or super rich I think prop firms are probably the best way that you can enter into the markets to mitigate risk keep that risk down keep your own money

14:00

safe but also leverage your skill set to make multiple thousand instead of just making $10 or $20 here and there trading on small accounts prop firms are going to be a good choice for two reasons a you simply don't have the $50,000 minimum that you're going to need to make any reasonable returns trading

14:17

because realistically you are going to need that much if you want to make a career out of this and that is the bare minimum or B if you do have a bunch of money will go you but there's no point risk in it when you can make the same returns with someone else's money without bearing the risk of losing all

14:32

of your own and when you have the funded account you just continue to follow your validated system and watch the money rolling consistently month after month albe it of course with some losing months because that's just how trading is this is where we see that natural scaling begin where on month one you can

14:47

start with a smaller account but a bit down the line that account May scale you may get more and you can do the same work to generate larger returns and and as the years go by this will continually compound if you follow this framework that I laid out for you today the potential will open for you to achieve

15:02

$10,000 months and Beyond and I know that sounds crazy but we do it all the time these are just some of the results that this systems achieved for others we've got $10,000 here $4,000 there $6,000 there $20,000 there so the question becomes how do you get results

15:18

like this well I should Hope by now the answer is becoming pretty clear you need to put this four-step LTV system into action in your own trading first you need to learn a trading strategy from someone else or you can build one yourself but that will take a lot longer

15:34

then you need to test this system using back testing software to collect a few years of data and understand whether or not this system works once you've done that you should then go on to validate that system by trading it in a demo and then a small Live account and once you're doing that profitably and you've transferred those skills over from a

15:51

very base idea into actual consistent results with small money or fake money then you can go on to earn and you can start focusing in on scaling up with prop firms getting access to hundreds of thousands of dollars of real Capital to trade with and pulling in profits without the risk yourself I've showed

16:08

you the right way to view trading I've showed you how to build a trading plan and how to test it by using your back testing software I've given you pretty much the exact step by step that you need to follow to become profitable in the next 12 months if you want my advice on how to apply the LTV system I would

16:23

say segment it into to 3month periods spend 3 months learning mastering and reverse engineering a system once you've done that spend the next 3 months back testing that system meticulously to make sure you can collect every single piece of information from it and make improvements as you go and once you're

16:40

happy with that system move on to the next 3 months of validation trade demo for a month if that goes well shift to a small Live account and now this is the phase that you might have to extend so maybe things go great maybe you transfer your skills perfectly in just 3 months but if you have three losing months or

16:56

you have two losing months and then you start winning just extend this period out until you're starting to see results because honestly there is no reason to move on to the earn stage if you're still losing on demo you're not going to make money and instead of earning all you will do is lose so follow that plan

17:12

and if everything works out fine in the next 9 to 12 months you should be able to get funded and start making profits and if it takes you a little bit longer that's no worry anyway you'll still get there a lot faster doing this than you will by wasting all of your time and energy with the shortcuts and signals and other that we've covered so

17:28

that's it that is all that you really need to do to become a profitable Trader Go Back to Basics and follow this system from start to finish and you will win

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