Transcript for:
95% Win Rate Trading Insights

in this video I'm going to teach you a 95% win rate strategy it works on any Market it works at any time of day if you're feeling stuck and overwhelmed as a Trader it's probably because you've been told things like this online along with the many other lies that a lot of trading gurus will tell you but in this video we're going to overcome that and I'm going to reveal to you the biggest lies that get told in this industry and one influencer after another just repeats each other so they can make YouTube videos and try to sell you something I remember when I got my first funded account I felt stressed and stuck and I would risk minimal amounts I would tread so lightly being so careful with this funded account and despite years of trading experience by this point I felt stuck I felt overwhelmed I was stressed I mean I literally valued my selfworth based on the performance that I had on this funded account I remember my girl would come home and she would ask me if I had a bad trading day on the days that I had a bad trading day because I was just so distraught and I was letting it get to my head and I was trying my hardest I can remember so many nights just sitting in front of my computer screen the lights were off the only thing that was lighting the screen was the white for my trading view charts I would have coffee it would be like midnight and I'd have coffee and the only sound would be just the clicks of my mechanical keyboard because I was so focused so honed in on trying to learn how to perfect the craft how to do things right how to do things responsibly but I just kept getting overwhelmed so it's safe to say I was locked in I mean I was dead set on making this work I would sit there all night trying to perfect my strategy and once I started to reflect and look at where I had made my money in the past what had worked for me well in the past before I really started to try to intake all of this information that it seems like everybody's using seems like this is the thing this is the new thing when I reflected I realized that when I had made good money I wasn't doing any of the things that were the status quo that most people tell you to do when I looked back I realized that my most profitable trade were the ones where I scaled in were the ones where I used my own model where I used my own intuition and where I trusted myself now I still practiced common sense in discipline and risk management of course but I just wasn't so stuck in the way of what most people say is the right way to do things and in a matter of months I went from barely making any money and sometimes even blowing accounts and losing money to making half a million dollars in less than 6 months and fast forward to today sometimes I make even over $100,000 in a month but I would have never been able to do do this had I subscribed to the common lies that are told by the entire trading industry and the reason that I'm telling you this is because in order to see the success that you want to see the success that got you into this industry that made you want to start trading in order to achieve that you have to break free from the normal and the reason that I'm telling you this is because if you ever want to see success in the markets and I mean real success the dreams that got you into this industry right you didn't come into this industry to just get by you came into this industry because you wanted to to make life-changing money because you want to be able to change your life and if you want to reach that level of trading you have to overcome the normal which is mostly lies that you're told online by people who don't even trade and this was the biggest most pivotal point in my entire career was learning to overcome these things and it took me years of trading to realize all of the lies that get thrown around in the trading industry but in this video I'm going to share them all with you so it doesn't take you years and you can go ahead and get over them right now the reason that this is so so important is because if you don't understand the real versus the fake then the way that you make decisions the way that you trade the way that you learn the way that you progress through your journey is all going to be altered because you're doing it through a lens that has been formed by the lies that the trading industry has told you so it is so important to understand this and hyperfocus on what is real and eliminate all of the fake now the next reason why this is so important to understand is because the these lies not only do they confuse you but these lies hold you back because there are so many things people say especially in the ICT Community they say not to trade consumer confidence not to trade here not to trade low probability oh well this my model isn't appearing and these people do this to the point where they don't even trade and the reason is because ICT set this up in a way where there can always be a scapegoat and a lot of other trading influencers use this and they say oh the the reason it didn't work was because of low probability conditions or the reason that and it's all just nonsense okay in order to trade you have to actually trade and so many of these Traders do the complete opposite of what you should do as a Trader which is look at things in an opportunistic way these guys just look at it in how do I eliminate all risk when in reality we are Risk Managers that is what trading is trading is using risk to make money so you can't be scared to ever take a risk and always rationalize why you should never trade and the worst thing is since ICT says it every other trading influencer just repeats it like they're a parrot and it gets snowballed and compounded until it's just the common belief and if you hear something so many times you're a human being you will start to just believe it especially when you're at your lowest when you're not doing well as a Trader you're going to just start believing these things you hear so you have to just eliminate all of that it's super important to your success now another thing that is very important about this is you're going to overcome common pitfalls like overtrade Revenge trading over risking all of these things they're caused by going on tilt and what causes you to go on tilt being frustrated after losses or maybe you're frustrated because your setup didn't appear because your setup didn't form because there were so many different things on the chart that it was so different for when you were watching this YouTube video or this course video and then you try to take it out into the real markets and you're just sitting there just froze like a deer in the headlights and you get frustrated and then what do you do you go out you break your strategy you over trade and then you start this death cycle that is the plague of all unsuccessful Traders and all of this starts because you've been told a lie that completely just pollutes your vision on how this even works most of the traders that I talk to that aren't successful the reason they're not successful isn't because they don't know enough analysis they don't know strategies it's because the way that they think this works is completely wrong and this is especially huge in the ICT Community much bigger than any other niche of trading because I have been a part of everything I've been trading for almost N9 years now I used to trade harmonics I've traded retail Concepts I've tried it all I've traded Elliot wave and I've talked to all these people and whether it's stock Traders Forex Traders Futures crypto whatever I see this more in the ICT Community than anywhere now the next reason of why this is so important is because the way that you make decisions is based on what your perception is everything that you do whenever you're starting to trade is usually going to trickle down from the way that you're learning to trade and the way that you see your Mentor trade the way that you see people you look up to trade that's going to influence your vision while you're sitting on the chart so it's so important to make sure that the lens that you're using to look at the market through is not polluted because if it is you're not going to be able to make informed decisions which is obviously very important now the next and the biggest thing if why this is important is the way that you manage risk there is just this status quo of how people manage risk in the ICT community and really all trading niches and it's completely wrong and the way that people tell you to manage risk sure maybe does it limit you from losing but what it actually does is it limits you from making money and that's just the truth a lot of other people are scared to say that because of everybody else is saying the same thing just repeating each other but most of these people don't actually trade and I can tell you after listening to the way that they talk after seeing the way that they they present themselves a lot of these people they don't actually trade because I've been doing this for over eight years now and I've been down in the pits I've lost money but I've also been at my highest okay I've I've went through it so I I know the archetype of somebody who actually trades and not only do they actually trade but they actually trade with real Capital no if you're trading with a couple thousand dollars it's not the same as if you're trading with a couple hundred, and that's the difference between being able to make good money that is what that idea is what got you into this versus being able to make the same amount of money or less than you could just make at a regular job and at the end of the day that's what we all want to escape is working a regular job because we want freedom we want to be able to do what we want to do we want to be able to make great money and do it in our own way but the lies that are being told to you are going to prevent you from ever being able to do that if you don't overcome them now we're going to get into four huge lies that are being told to you probably every day if you spend any amount of time on social media now the first one we're going to talk about is risk management everybody always says risk 1% always risk 1% never trade any red folder News dayss avoid any possible chance of loss but this is the exact opposite of how you should use risk management you see risk management in trading is how we make money yes it's how we protect our capital and at the end of the day that is the most important part of risk management but if you use it incorrectly it also protects you from making any money so many of these traders that I see on Twitter especially in the ICT space are just they're scared to trade ever there's always a reason why they won't trade why there's a low probability condition why there is a news event that's going to make them not trade when in reality a lot of the days that have red folder News are the best days because as day Traders what do we seek we seek large moves in the market we seek volatility what kind of day trader wants to trade with no volatility because in fact that is low probability so one of the biggest things people tell you is to never trade news days but you should trade red folder News dayss Now the key here the big key is that you have to use common sense shocker I'm not saying to go enter a trade right before NFP or fomc what you need to do is wait until after these news events are over but doesn't mean not to trade on these days in fact the only red folder news events that I even pay any attention to are CPI NFP fomc and elections or anytime that Jerome Powell is on a microphone because he can he can do some damage but other than that a lot of the red folder news events we don't even really pay attention to so trade the days but just don't Lotto into a position as it's about to happen Okay that's how you get slipped that's the only danger with news days is entering a position when the books are thin right before the news comes out and then your stop loss gets missed so use common sense but trade red folder days this is when this is the only days that I trade and I live trade this with my group this is how we make money is because we wait for volatility if there's no volatility then you're going to be sitting there watching in consolidation trading markets that aren't on your side because at the end of the day as day Traders we seek volatility so the only real red folder days that you're going to pay attention to are NFP fomc elections CPI I think I left that one out a second ago but CPI for sure CPI that's the big one or anytime Jerome is speaking okay anytime Jerome Powell the chairman of the FED is speaking anytime these are happening wait just sit these out you can sit those whole days out these are the only things you should really pay attention to but sitting there being afraid afraid to take a trade because consumer confidence or or hom Goods or or any of these other red folder events it's just ridiculous and I see so many ICT gurus telling you don't trade these days it's low probability I'm just being responsible and the truth is they just don't know what they're doing and they have no idea what they're talking about and they're just going to repeat things that ICT said because you have to understand ICT has this Godlike image that he has to protect that's why you see anytime that he takes a loss in his trading streams or anytime that anything happens people are shocked but the truth is ICT is a human ICT is a traitor just like you and I and ICT does make mistakes but his cult-like brand has to be protected by this Aura of perfection like he's Godlike and all due respect to ICT but he's not nobody is and that is just part of a marketing technique so what happens is he'll tell everybody not to trade any of these things and and he'll have an excuse of why C things didn't work or give you kind of these two-sided biases or two-sided plans and it's just to make sure that he's never wrong okay and that's also where a lot of this came from but then you have influencers who don't know what they're talking about just repeating it and regurgitating what they've seen another common misconception that people have is that you always just risk 1% somebody just picked 1% 10 just sounds like a good number and everybody just says risk 1% it doesn't make any sense and in fact your risk should never be static your risk should depend on your win rate it should depend on your risk to reward and it should also depend on your account balance for example if I'm trading an account and I'm much in the green and I have a very good setup that's clear as day I'm going to risk more than 1% because I have more than that to risk if I'm up 6 to 8% on my account on the month I'm going to risk 2% on that trade and if you're taking a funded challenge the risk differs than if you're trading your Live account with real money differs from Trading a funded account so this nonsense idea that you're just going to risk the same and anything over 1% as being a degenerate it's just not true and risk isn't static the only way you're going to make real money in the markets is by having intuition and trusting that intuition and trusting your gut and knowing when to size up the last point we're going to make on risk management is that true risk management focuses on making money not avoiding losing it okay so again true risk management focuses on making money so true risk management focuses on making money not just avoiding losing it okay so you don't want to just focus on the downside always like yes that's the one thing we can control and that is the one thing you should be aware of of of course make sure that you stay aware of your downside and you control it again use common sense but don't make every single decision you make based on that think from an abundance mindset think from an opportunistic mindset or you're never going to put yourself out there and take good risks of course yes we have to protect our downside we have to have risk management strategies and I have a full trading plan video here on YouTube where I teach you an exact risk management strategy that you can use there's a I'll leave a link down in the in the description for but but anyways that's beside the point true risk management is about focusing on how to leverage risk to make money not protect you from just never losing money trust me you're going to lose money that's what risk management is here to control but we got to focus on making it that's the reason we're all here now the next biggest lie that you are told is about trading psychology if you're stuck and overwhelmed and stressed while you're Trading and you've only been trading for maybe 3 to 6 months and you've not really made any money trading psychology probably isn't the reason that you're not making money shocker no you're not going to read trading in the zone and instantly become a profitable Trader because trading psychology is centered around the fact that you have something to be consistent with trading psychology is about trusting probabilities and what that means is that you have a system that you trust is going to be profitable over time but a lot of people that are trying to master their trading psychology and they say they have problems with patience or their mindset or all these different things it's not that it's that they don't have a strategy they don't have an edge they don't have the knowledge or experience and this is something that gets thrown around a ton and yes trading psychology is the most important part of trading but when you're just starting out it's most likely not the reason that you're unsuccessful so instead of focusing on trading psychology I want you to do this instead first I want you to remember gurus sell calm and winners control chaos so again gurus sell calm winners control chaos what does that mean well the truth is trading is never going to just be this Zen thing where you have no emotion and you've just detached from everything it's just not how it works a a lot of the people that I talk to that are learning they think that you they say how do you get over your emotions how do you detach from your emotions and the truth is you never do you just become more aware of them you learn to harness them you learn to use them as indicators of the actions you're taking of the trades you're taking of the performance you're having you have to be aware of these emotions you can't suppress them you can't detach from them because we're human beings and this idea that you're going to become this Zen Trader that has no emotion there no feeling in the market it's just going to cause a lot of mental health issues with you because you're going to be stressed out thinking that you're not good enough thinking wow I just must suck and it's just it's okay it's just not how trading works I've been trading for almost 9 years and I can tell you still to this day I experience emotions every time I trade but I've just got better at controlling them and being aware of them think about it like this you have to observe your emotions rather than be consumed by them on one side you could be stressed out and feel anxious right when you're about to trade and the immature Trader is going to be consumed by that let that anxiety influence their decisions but the reserve Trader is going to observe that they are feeling anxious and ask themselves why and daisy chain these wise until you figure out what is the true reason you're feeling anxious is it because you didn't prep pre-market is it because you know deep down this isn't your model is it because you're not mentally in the game right now to trade and once you become aware of these things now you're actually more equipped to make good decisions because you understand your emotions not eliminating them not where you're just this robot where you're going to be able to just have no emotion it's just not real at the end of the day you are your Edge okay not just your strategy not some mechanical tool system that you're going to use you are your Edge you are the biggest part of your Edge because if you have a strategy that works works even if it works over time it doesn't matter if you crumble it doesn't matter how good your strategy is or how much you know about charts or how good your analysis is or how good you are at calling the market none of that matters if you're impulsive none of that matters if you can't wait for a good setup none of that matters if you're addicted to trading those things will cancel out everything that you do in order to learn how to trade in order to chart in order to find traits so you have to remember that you are your Edge and if you try to just be this calm you know Guru is monk almost like Zen Trader you're never going to be able to sharpen that edge you're not going to be able to use those emotions to your advantage so you are your Edge okay I cannot stress that enough and always remember emotions are indicators so when you think about it like this when you think of emotions as indicators you start to be able to harness these things you just are aware of it if you're if you're feeling stressed if you're feeling anxious ask yourself why and that will give you insights that can help you make better decisions now the next big lie that gets thrown around especially in the ICT space and really in all different trading niches is this lie of mechanical or automated trading and they know that every one of you guys watching this who are new trading is stressful so they know that you want to take the guesswork out of trading they know that you're you're stressed they know that you want to have this easy no work no thought strategy that just does the thinking for you and it's shoved down your throat that that's a a reality and it's not and I'm going to show you why right now so before we go into this though let's talk about what it means to have a mechanical strategy now I want to start off by saying are there mechanical strategies that work of course of course there are are there automated strategies that work of course but odds are you're not going to find them from a guru who's selling you some custom EA or some strategy that a 2-year-old could execute and I'm not saying that none of them work but I'm just saying they don't work how you want them to work and most of you who got into trading usually get into trading because you want to change your life and you don't have a ton of capital and when I say that you might even have 50 to 100 Grand you might have a good amount of capital but for a lot of these strategies that are truly mechanical or truly automated to work you need to have much larger amounts of capital and trade in a different way then you're going to be trading on your mt4 now I've shown you guys mechanical strategies that are profitable many of you have probably seen the video I put out on the silver bullet strategy so that is just to show you guys yes it's possible but for what you guys are looking for it's not because you guys want to make more money than you're going to be able to make on a a strategy like that like for example the tested results that I showed you of the Silver Bullet showed 40% over a year let's just say that you have a 100 Grand okay let's say you have 100 Grand and you make 40% on the year that's 40 Grand that's not going to change your life it's just not right it's it's and that's assuming you already had 100 Grand in order to make large amounts of money and able to scale and compound your account and make the money that got you into this industry you're going to have to build your intuition because again like I said before you are the edge I like to call this a robot fantasy okay everybody wishes they could trade like a robot and everybody wants to buy a robot you see people still falling for this all the time you see people buying these EAS oh dude this passes a prop firm I swear it does my buddy uses it the truth is sure may it pass a prop firm yeah but you're not going to get paid out for those of you who don't know prop firms are a casino they make money when you lose so why why would they allow someone to come in with an EA that works and just take their money that'd be like saying hey man I know the guys at the casino we can go in and and I know how to count cards and we'll just take all their money and they're cool with it but just pay me and I'll show you how but people are so stupid that they continuously do that and if you've been scammed by one am I saying you're a stupid person no but was that a stupid decision yeah okay so don't do it again and if you're watching this and you haven't done it don't buy into stuff like that because these gurus just like they tell you they're going to get rich quick they tell you trading is easy they tell you all these things because they know that it's going to hit your pain points they know that's going to want to want you to buy their thing you have to be vigilant of this and not only will it save you from getting scammed it'll also save you from setting improper expectations and wrong goals because if you set the the wrong goals everything in our minds we work backwards from a goal whether realize it or not so what you're thinking about the most what that Target is that is what you are making your decisions based off of that's why profit targets are a bad idea because if you set a profit Target then you're making your trading decisions based off of that rather than following a system and if you think that automated or mechanical trading that's fully mechanical fully automated is going to change your life then you're going to be going down the wrong path another misconception a lot of people have is what mechanical even means so I like to say to have a checklist that is mechanical but items that are discretionary so what this means is I hear a lot of people say I have a mechanical checklist say what's your first step well I'm going to find my daily bias that's not mechanical that's why daily bias is so hard is because it is subjective unless you have some very very mechanical way like using a candle closer anything like that it's not mechanical if you couldn't code it into an algorithm it's not truly mechanical because there is some level of subjectivity and your discretion and this is this is fine because intuition is freedom intuition is what separates Great Traders from not great Traders and intuition is something that you have to learn in order to reach the highest level so it's not a bad thing but you have to understand that because once you understand that you're going to develop that intuition you're not going to be searching for this robot fantasy of some strategy that's just going to trade itself now again are there algorithms that do trade themselves yes but trust me you're not going to get it for $1,400 or $1,500 no one would sell that to you right think about it if you have something that truly works why in the absolute hell would you take it to the retail Market you would take it to an Institutional level and be able to trade hundreds of millions of dollars with it because if it actually worked and it worked with large amounts of capital you're going to make more money doing that not selling it to people for $3,000 okay doesn't make any sense just think just got to you got to use logic so remember gurus sell autopilot but Masters embrace the cockpit you're never going to get to where you want to get by just having to do no work by having to make no thoughts or decisions it's just not real and that should excite you because if you want to if you want to be great you have to develop that intuition you have to develop that skill I mean that is what skill is skill is not seeing candles on a chart and you have a candle closed and oh I know to push a button now like that's just not reality okay so get that out of your head and focus on the right goals and I want to end that on the fact that if you're trying to learn a mechanical strategy just to learn what an edge is that's fine I understand it but you need to understand that's not the end goal I have tons of videos on strategies you can use both mechanical and discretionary and I post them twice a week so make sure to subscribe to this channel hit the like button if you haven't already and go through the playlist that I have for beginner trading strategies okay so if you want to learn those I have those but this is for getting to that next level so now that we've talked about all of these different lies that you're told and that are shoved down your throat on The Daily let's talk about how you can actually overcome them cuz if you guys know anything about me if you've followed this channel for any time my biggest focus is always on implementation because information without execution is just a dream and this is what separates many Traders from being novices or unprofitable to ever reaching their full potential is because they focus so much on the preparation and on the information and they never really focus on executing it and a lot of these channels also that you see give you information they just give you a bunch of Concepts it's kind of like ICT they give you a bunch of Concepts that then you have to go out and put together and learn how to implement on your own and while there always will be some degree of you learning to execute based on what I or anyone tells you I like to give you an actual game plan on how to implement what we've talked about so the first step is to be formless what I mean by this is advice is far too literal advice is given to you in one of of two ways most of the time in this industry people just repeat what they've heard but on the other side even if it's worked for people they're telling you what worked for them and let me tell you something no two circumstances are exactly the same so you have to understand how to take the meat off the bone you have to understand how to conceptualize and get the main points in the key takeaways and apply them to your own situation and trust your instinct of how to use them okay that is one of the biggest pieces of advice I can give to you just in life not even just Trading it's the reason why you go into even bad trading groups and you'll see people post good testimonials and all these things it's because at the end of the day winners win and losers lose so if you learn how to win in the way that you think and the way that you learn you're going to be able to take value away from absolutely anything and when something is really good you're going to be able to take the most amount of value out of it and again focus on implementing it we talked about two and that is just to remember that advice is literal and three the most important one that I want you to take away from this video is that you have to trust yourself at the end of the day if you don't trust yourself nothing that I teach you nothing you learn from anyone will ever matter because you won't be able to go out in the field and use it trust your own intuition if something doesn't necessarily feel like it's going to work for you but you can take value away from it and use it in your own way always do that so make sure to trust yourself and just use your intuition don't silence it don't be too rigid in your disciplines don't be too rigid in your risk management or any of these things if you can take that away from this video this will change the way that you look at trading forever now if you are serious about trading and you're sick of being confused you're sick of being overwhelmed you're sick of not knowing what to do when the Market opens then I want you to click the link down in the description and apply to become a funded Trader in 12 weeks now this is not for everyone I don't work with just anyone because the way that I work is very direct I'm going to be working directly with you trading live with you reviewing your trades teaching you everything that I've learned over the last8 years and making millions of dollars not everyone is going to qualify but if you're serious about trading go ahead and click the link down in the descriptions and if you do qualify I guarantee that you become a funded Trader in 12 weeks as always thank you for watching this video make sure to subscribe like and comment any other video topics that you want me to talk about and I'll see you guys in the next video