Transcript for:
Navigating Trading Challenges and Psychology

good morning folks I've been fighting with OBS for the last 20 minutes I'm not sure why this thing is so fickle it just does not want to cooperate with me I don't know why but either it doesn't want to show my screen or it doesn't want to show an audio or not show an audio I guess pick up my audio so good morning good morning um today we have the Market opening up just really close to where we settled that here so I'll show you and see if I can do an audio check here first yep I hear myself all right so the regular trading hours if you go down here right now it's on electronic trading hours so we go to regular trading hours and this is where we settled previous session and this is where we opened so to open at this level here we have a small little discount Gap [Music] so this is the low so now it's the opening range Gap low and settlement is what I label it until we get the actual open when it's real close to it pre-market before 930 as I'm Laing it I have this already annotated so opening range Gap High because this is higher then where we opened up on reg trading session hours okay so let's go back into electronic trading hours and initially I like to see if it makes any attempt to want to gravate back up into here because he left that really smooth and it just upset the the cell side here so here's by side because because we had a really small Gap I'm not all that excited about the initial morning session like I'm not overly bullish overly bearish I'm just indifferent right now I just want to wait and see what the market gives me this week the focus on the lectures Caleb is to highlight areas that are going to be problematic and one of those things is obviously today where we have a very small minor Gap okay the larger gaps that we open up with uh they tend to kind of like invite larger volatility and a lot more protraction in the marketplace and then now we just did this area down here got a lot of feedback from uh Friday's live stream I appreciate that a lot of folks uh never saw someone call The Daily High and the daily low and show a $200,000 framework in one trade but uh we're just getting started hope you had a good weekend I did very good weekend all right so now we have worked the cell side here the market has gapped lower with a lower gap opening we traded above the opening of I'm sorry the opening range Gap High which is previous settlement so Friday's day session settlement price that's what this is here we're working inside of the old new week opening gap on August 25th 2024 okay and what I want to see is do we have the ability to work one more time taking out this low cuz it was a little shallow doing that so if I were to kind of force myself to give you if I had to anticipate right now what I thought was likely to occur I think we're going to bang around between New Day opening gap of August 21st and the opening range Gap low until we you know discern what what it wants to do so I see sitting still I'm relaxing I'm not worried about trying to be right about what I think it's going to do initially my tendency is to look at what we have left over here so these relative equal highs it's just really really really smooth do they need a run up a of the day no uh can it do it sure I'd like to get the invitation to outline some kind of framework to get to that level but focusing on the lecture premise this week is looking for things that are going to be problematic for your trade in other words what what makes the idea of looking for setups harder or once you have an opinion okay um what makes it difficult to hold on to it and what challenges will you find in doing that sticking to a bias or arriving at a bias okay that's kind of like one of the primary hurdles for most of you and my son's no different and it was the same thing for me when I first started learning how to do this in the 90s knowing where it's likely to go and also trying to push away that impulse to I got to know right now because the Market's trading so I have to get in there because your fear of missing something there's no reason for you to fear missing anything because the Market's going to trade tomorrow the Market's going to trade on Wednesday and imp perpetuity until the markets are no longer available to us so don't worry about that you we have bigger problems if we can't trade right so we've worked the new week opening Gap here I liked how we've done this business in here and any movement above here I'm going to watch and see does it use the new day opening gap on August 21st so words trade above it come back down and then aggressively run into this area up in here it's really smooth now I was looking looking at a two-minute chart over here because you're probably wondering like why you on a two-minute chart ICT why why you not talking about that I was looking at the Gap right in here I was studying do they use this as inversion initially they did but they hammered the consequent encouragment of the new week opening gap of the 25th and then we have the uh previous settlement so it's returned back to that then drop down displaced below the relative equal lows so sell side's been Disturbed it's it's all messed up now and the Market's seeking buy side which is already done by taking this one here and this is a little smooth in here they've already disrupted that and in here up to this High that's where the shortterm minor buy side liquidity is I'm watching this candle or the next to see if we can trade down into consequent encroachment don't look at this opening range Gap High thinking that's consequent corach because you can see it's a little it's different from the low to midpoint between that high I'm annotating the opening range Gap high or previous settlement so coming down and touching that if it's bullish that's something we want to see think about what I was outlining when I was showing you opening range gaps let me show you what it looks like like this think about it like the opening is here previous settlement is here that's the wrong color so don't don't think too much about that orange because I was looking at as inversion fair value Gap studying it premarket and then the opening up to the previous settlement which is there okay so see 4:14 p.m. at the bottom of the chart 4:14 and then the opening price here today at 930 so that's your regular trading hours so now if we go over to electronic trading hours [Music] trading above coming back down into the opening range Gap because we opened again opened little unchanged little unchanged to me is less than 30 to 40 handles so if it's if it can't even muster a difference between previous day settlement price and 30 to 40 handles beyond that or away from that at the opening bell at 9:30 I'm right away going to sit on my hands and wait till 10 that that is one of the things that I want Caleb to do is discern whether or not there's a lot of excitement a lot of anticipation a lot of things have happened over the Middle East and they're starting to heat up over there so there's a little bit of trepidation right now in the marketplace so they're they're going to be probably very fickle in delivery of price today because they want people's sentiment shown like they want to see what Traders are are doing after waiting all weekend long now now here we are the bells rang the gates are open the horses are off their race yeah and how how is everyone going to plunk down their money how are they going to bet are they looking for lower prices are they looking for higher prices I think that initially they've offered some selling here to entice traders to want to do that very thing sell short I'm not all that terribly excited about doing that right now um I do think if things heat up in the Middle East and with over in Russia and Ukraine and China and Taiwan all those things will be catalysts to you spur on more excitement in the marketplace but right now I'm kind of weighing out what it's wanting to do initially so I don't want to have a hard opinion I like an area which is the buy side I want to see if it could give some kind of framework to get there but it's in no hurry to give me a a market structure to work with him back and forth choppiness in here so the first thing Caleb in your your rules are the rules of engagement we're anticipating a really easy morning session is are we opening significantly higher or significantly lower than previous settlement so obviously today you know it's Monday we know that Friday is where we settled so when we're looking at the previous day settlement price it's Friday's 4:14 p.m. Eastern Stander times price when we pull up the regular trading hours toggling that down here that price is the 414 p.m. Friday session regular trading hours now obviously it trades for another 46 minutes and then closes for the week and if it was not Friday it would be closing for the day and then reopening an hour later at 6 pm. Eastern Standard Time so because we had a very small Gap very very minor Gap that is indicative of a market that's going to be very reluctant to run and you have to wait let the market give you more Intel helps you control fear and greed you know that fomo if you're missing something um every little initial move shouldn't make you feel like I'm I got to be in here it's doing something and it gives you a sense of relaxation and not having to be uh impulsive which is very very important as a Trader so if you notice that we have had no diffic we have had difficulty rather and it wasn't easy for it to get to the new day opening gap of the 21st so it's banging up close to but then fails aggressively so now we're back on the southern end of that opening range Gap so think about that blue box there it can work back up in there's a small little volume in Balance right there watch that because if we can get back up in to retest the opening range Gap low that means the opening price at 930 if it can trade up into that it might want to go into that little area there if it wants to go lower but because there is a very very weak or anemic Gap from previous settlement on Friday to where we opened up at I've already elected the protocol is I have to wait till 10 o'clock I want that full 30 minute opening range not opening range Gap 30 minutes so 9:30 to 10:00 we're sitting still there's nothing for you to do I don't care if there's air value Gap I don't care if there's something exciting that appears in the chart because we opened very anemic it's just it's weak it hasn't it doesn't have a whole lot of movement now we were initially earlier on we had a really nice potential higher gap opening but they completely erased that you got real close to the previous settlement by the time you opened at 9:30 notice that so one of the things that you're going to combat most is the want to be in some kind of trade and especially if you're on social media watching people like me or watching other people um talk about what they are doing in the marketplace if you're watching live streamers that have chats you can see the other people are chomping at the bit they're saying I'm long I'm short whatever and I I weigh a lot of sentiment with those types of tools and I view that as a retail indicator so watching in other people's live streams seeing their level of excitement or if they're not all that excitement if they're not excited about something and I might see a directional setup I may see something that forms or forming that is maybe bullish or bearish and then I see a lot of comments and other live streamers saying and it's not just that it's other social media you venues where if people that are very chatty they like to share their opinion the more I have that is the other side of my perspective the better I feel about the idea and right now because of the technicals we opened you know weak it wasn't that big of a gap I'm not interested in trying to form a hard opinion right away and it'll help Caleb and if all of you are watching that'll also be a solid foundation to build on using the the Gap because they can't hide the Gap obviously as soon as at 9:30 we open up look at the difference between the previous day settlement price at 414 you find that on the lower time frames but I was using a two-minute chart here and I was watching how they were using this Gap here to see if we could open up with a higher Gap if we would opened up here maybe at this new day opening Gap or a little bit higher I would have looked for the mood to drop down into the um new date U sorry new week opening gap on the 25th maybe using consequent encroachment and then try to get along up into this buy side here but they took it away and opened us with a really really weak discount Gap that means it's a lower gap opening so because of that the the amount of range and what is I have one of the students ask me what does a 20 handle move look like so see that price here 19,732 so all the way up to 7,52 even that is a 20 handle price move or fluctuation okay and you can see it's not much more than that for the opening range Gap so whenever I see a gap like that I'm immediately protocol is sit still wait till 10 o'clock wait for Silver Bullet wait for something that's more obvious wait for the first 30 minutes to get in there the algorithm is going to do what it's going to do in the first 30 minutes and if I get into a trade or if I try to elect a liquidity I want to Target I'll tend to be wrong and I've seen that over 25 years of using opening range gaps and forcing that so I I just am real comfortable letting them have the first 30 minutes and if it's a big day that I don't want to be a participant on early on other Traders might be positioned for a better shorter long that may be beneficial for them holding for the rest of the day that's okay I'm not worried about that I'm not forcing myself to be uh to be right and if you look at this low over here on the 15minute time [Music] frame there's cell side resting just below that so if they want to get real animated they can take it down there a lot of feedback very very positive feedback which I appreciate thank you for that so I'll drop back into one minute chart which is standard for [Music] us so you can see right away it's a little disorganized this morning it's not real clean it's a little sloppy it has a lot of porous price action in it that is just like the volume in Balance here we had a volume imbalance there which you already offered several times um no real Gap in here except for the wick and all this spotty delivery taking us down below the initial uh cell side that would have been to the left of us at the opening bell falling short of the new day opening Gap high on August 21st so when I'm looking at price and I know that it's moving and I'm not in a trade when I was a younger man in my 20s I used to panic about that because I thought every run was going to be a 100 Point run and be a big blastoff move because just like you when you learn something new from me uh you think that it's going to appear in every you know next candle because now you're keyed up on it and I felt that way about everything that I was learning from Larry Williams and his books and his videos and I thought for sure that okay you know he's my hero I I'm looking for this almost got the that well the uh the pursuit of finding the new toy in in the market so that way I can play with it I could I could use it to make money and one of the biggest things you can do is learn to go slow really really slow in the beginning because you're you're not going to be able to retain some very valuable insights about how you think and if you go in there try to to chase making money right away you're not going to pick up on the clues that tell you that you're about to go and tilt that means you're going to abandon the trading idea that you went into to initially you'll either over leverage or overtrade do more than what's necessary and it all stems from not having a plan not having a process of what to you follow and it needs to be very finite very specific rules and the first element to that needs to be when are you going to do something time okay so the Market's going to deliver based on time and you aren't going to execute unless you're in a time period some little envelope in time like a macro uh the first 30 minutes me it may have to transpire um a few of you actually mentioned you thought that I was making a mistake and you were correcting me in the comment section and while I appreciate your enthusiasm about that um the fair value Gap that I was annotating on Friday uh it did not displace lower from it so it's not a reclaimed bearish uh fair value Gap that's why if you saw the color of it it was gray because I wanted to see does it send price down once it went below initially it just traded down with Wicks it didn't trade up to it and then displace lower it went higher made a higher high and then I was I was calling out live that I want to see the bottom of that be used as like a resistance premium array and leave the upper half open so no I'm not mistaken no you're not correcting me and I don't mean that to be condescending but it was a inversion fair value got because I was anticipating it to do what I was looking for the market to press up into that event horizon and go into a turtle suit and I wanted to see it fail at that new day Gap I remember I was telling you I said I'm not going to go long in here but I'm waiting for it to press up into I said if it's good if it's really bullish it will go up and hit that new day opening Gap but we are pressing into that balanced price range which is going to be more formidable and when the break when the market broke below that Gap I outlined real time to you all that it should act as an inversion fair value Gap so no I wasn't mistaken but there's logic behind this is why I said anybody talks about inversion fair value gaps or fair value gaps at all every Gap with three candles does not make it a fair value Gap in the context that you think it is you you you don't have all the other tools and resources and experience of reading what the narrative and price action is go back and watch Friday's live stream again okay and you'll hear there's some a lot of things going on with the least amount of speaking I've already talked more today than I did Friday's whole session I'm watching the volume and balance here we already added one tap into it there there's the second one now when you go through each one of these live streams with me whether you're watching whether you're watching it rather live or if you're watching it later on I want you to really spend a lot of time writing in your Journal when you're taking screenshots that the difference compare the differences of the first 30 minutes of trading with every other day and when I when I really make a big glowing remark and you and I start gushing about how pretty and clean price is versus days where it's spotty a little disorganized those are real key things to annotate in your Journal because the those are the things that's going to be much more Paramount for you as a day trader we just swep that that low here on the 15minute time frame and we're ins we tra it inside of an old bid and balance sign efficiency which is right here okay so I'm still working with one one laptop um I don't have anything in front of me I don't have any other screens I promise in Jesus name I'm not looking at any I'm literally in my bedroom right now so my office is upstairs I have not used that one time since I started doing the 2024 mentorship because I'm trying to help the individuals that have one device one monitor because they think that you know I it only works because I have so many monitors and that's not true it's just I like to look at a a very immersive perspective on the marketplace and I'm also looking at other markets sometimes when I'm using all my screens so I'm not leaning on that stuff initially for you Caleb because you're supposed to be watching price action to get a feel for how price delivers around time so it's not about picking the right decisions of getting in the right fair value Gap and where your stop loss need to be perfect and short not have a lot of risk all those things are later the first thing is you have to submit to this process of reading price being in front of the charts retaining the information as it's being presented every single candle what is it doing how's it behaving so I'm watching this Wick here if it can overtake consequent encroachment of that and then come back down and if it starts showing any kind of support there that'd be interesting to see get back to the opening range Gap low otherwise this is a premium right half of that Wick if you can go up and touch it or if it fails to even go there and starts to break lower that's indicating it's very very weak again we're not even in 10 o'cl yet so I'm not interested in framing any trades at all these are all things that you're observing Caleb you're trying to make references to these as you watch price you want to screenshot these things every time I point to something I'm saying I'm watching this screen that's a key word I may not say the term you know screenshot it as a prompt because I'm trying to talk about something while price is ticking and booking price but anytime I make a special reference to something okay um if you go back and you watch the recording and and you hear me do that that is a time for you to screenshot it and then you annotate what your observations are and what actually happened afterwards and by doing that it it provides you a way of referencing logging and building a understanding of what these things will do in the future when you're watching price action for instance like immediate rebalances okay where you have a run in price perfect uh example we have the market stop with a low right here then we have a big candle that went lower than the previous candle's low okay it doesn't matter where we're going next okay what I'm saying is is things that key up on your attention that you're you're saying okay there's something going on here I'm I'm monitoring this the very next candle is a large candle down and then we have this candle open and it trades all the way back up and touches the previous candle's low so all of this down candle the Black Candle here that range is completely redelivered with buy side so if we're looking at it like this make a little bit wider the separation between this candle's low here and then the big long black candle that goes down if this would have opened here and traded lower this this would have been a fair value Gap but it opens and trades all the way back up and touches that that is called immediate rebalance if if it does that when you're bearish that's one of the best indications that you are entering at a like you if you want to trade imbalances where it completely closes down I just found a guy on the uh internet on YouTube trying to teach imbalances and fair value gaps and saying that fair value gaps are a renaming of of an imbalance no it's actually a very specific signature where it is not filling in I don't want to see it fill in that is the superior form of trading price action if you're GNA look for these inefficiencies the highest order of trading them is you want to see them not close in and I've proven this in live sessions with real trades with real money so if we're looking at the price delivering back up to that level there that mechanism right there it matters not if it goes higher or lower what I'm saying is this right now and when it does that as soon as it touches that candle's low on this candle it delivered down and the next candle opens and rolls right back over top of all of the down move from this candle's low right there to where we opened all of this has been redelivered back to that price so this is efficient if it's bearish that's really strong or if you're in a trade and it starts creating these types of things and it goes right back up then you can say all right I expect it to trade aggressively lower it's done what it needs to do to rebalance repic and it needed to do it real quick and sudden it's it's kind of like showing the hand of of a winning card hand in poker if you're partnered you're at the table with and they flash their hand to you and they're sitting with a full house Four Aces and and a king Spade like it's going to be hard to beat that right so um this that's what the algorithm is doing it's kind of like tipping its hand saying you know I'm getting ready to do something really stunning one directional and an immediate rebalance is one of the purest forms of reading it price action so when you see that it kind of like promotes large range it promotes speed it gives you a lot of indication the market wants to behave a certain way and a certain characteristic and and you can see it happening here that way so it did it there and boom it took out the low that in itself might be your model this guy's like the candy man he's got all this stuff all the time just boom and he says it and it happens in real time what else do you want what else do you need I got lots of stuff I got stuff that you're going to fall in love with that you didn't think you knew you wanted all righty let's go and we have the complete closure of this buy side and balance cellid and efficiency so I want to annotate that so you can see where we're at in relationship to the one minute chart and we'll do this we'll do a weird little color like that and we'll extend it to the right you can see see how we are behaving like that so look over here in the 15-minute time frame it's this big up closed candle the previous candle's High which is this one right there good that's the problem with having all these different charts it's going to aggravate me when I'm trying to look at certain things and it didn't quite get down to that but that's enough so your model might be let's say you're bearish and you you feel comfortable being short you want to look for sell side wonderful one of the strongest indicat of you're about to see a price run that's one One Direction and it's going to be nice quick sudden big candles as we were outlining here big down Clos candle immediate rebalance right there now what happens if this candle that opens right here after this big down Clos candle when that forms what happens if the next one doesn't go right back to that candle's low right there it's valid if it does it on the next candle but after that it's not so immediate rebalance is this single candle that creates a big range lower and a lower close the candle must be larger larger than what well what's look at all the ranges once this has formed this stands out against all the other previous ranges right it works on all time frames so if you're a very short-term scalper or if you're in a trade and you're waiting for price to give you that last little bit of movement and you get a candle like this if you were short and you want to get short or add or pyramid soon as you anticipate this candle closing as soon as it closes watch where we open on the next one anticipate feel comfortable with it running right back up to that candle's low if you're short already from some higher place this is not a reversal but you'll see so many people so many people online that are sharing their observations live or if they'll they'll share their sentiment about what the market has just done they'll be trying to influence live streamers that are actually taking the time to trade in front of other people um the the people in the chat will say oh it's reversing because it's done something like this because they've read Steve neel's books or they have read some other kind of retail logic and they think okay this is this is going to reverse now the only thing it's doing is exactly what you want to see it do when when you're bearish you want to see it run right back up rebalance that and if it didn't do it on this candle the next candle if it wasn't touched it then I would expect speed delivery to the downside okay so when I'm prompting you in the live stream and I'm making specific reference to watch this inefficiency watch this fair value guy pay attention to this Wick those are prompts there that's me prompting you Caleb to this is what I want to go back in and look at what it did later on at the end of the day or at the end of the session not for you it's it's for the end of the session so by 11:00 or something to that effect all right so so we're in 5 minutes into the 10:00 hour so we've had 35 minutes or so of opening range we could not get all the way down to this run here on the 15minute byid and Bal cell efficiency so we took out relative equal lows this low I gotta make sure I slow down that way you can see what I'm pointing to I make this mistake all the time this low and this low upper left-and corner chart so those two our relative equal lows we have traded down through that but we didn't close in the entirety of that buyid balance C efficiency which is this candle right there this big 15-minute candle so that is seen with this little area down here so let's say we are anticipating a turn in the marketplace how can you study that well we have an indication that it couldn't get all the way down to the B bound cell side in efficiencies low on the 15minute time frame we are seeing an initial uh run back to but look where the bodies are so it hasn't proven anything yet even though we had a little Wick here the body's just saying no it's not there yet so sit still relax don't try to catch the turn don't try to catch the bottom don't try to pick the bottom it's you know you what they say if you try to pick your bottom you're going to get stinky fingers so now watch the wick here now that's consequent encouragment right there at that 19701 some I just leaned over he said I see say you get stinky fingers it's guy is jokes so far we're only working with the rejection block which is the lowest down closed candle price closing price it swept that here but we're still inside that 15minute discount Buy bance cell efficiency not trying to pick the bottom not trying to pick the top we're not we're not in any position right now we're just watching and observing price real relaxed taking in information if there's going to be something obvious it'll be obvious right now it's not there's nothing in here that I would have expected my son to see and capitalize on so that's the main takeaway from this Caleb is while you're watching this you might be looking at say man I don't anything and that's normal that's exactly what I want you to have that perspective because nothing is there yet for your model having a model having a context if you will of what you're watching price for if it's not in the price action if the thing that you're trying to capitalize on trade on frame um a setup around if it's not obvious in price action why are youing woring it's just indicating you're impatient you're fearing a missed move that someone else is going to probably come back later on and say this is what I did and maybe they did do it most of the time they probably didn't all right so we finally sna through the 15-minute time frame by B efficiency so now this inefficiency that we just traded through offer the opportunity for this to act as an inversion fair value Gap so now we can watch the lower end of this here so that would look like this we can take the yeah that's the midpoint line that level right here so this level here is half of this shaded area if it wants to return back in it's bearish as long as it does not go back above that midpoint it can Wick to it and through it but it's better for it just trades back up into here and falls from that not return to the upper half of [Music] it scrunch this up you can see where we have a lot of the new day opening Gap and new week opening Gap that's a big big draw because it's layered they're all nested together we had that new day opening Gap from the 23rd and we have the N what is that 18th of August's new week opening Gap so a real nice setup would be something like watching it trade up into that 15minute fair value Gap that we traded finally through and notice the M telling you we were back here think I said nothing's happened yet you can't try to pick the bottom yet anybody tried to capture the long here they got stinky fingers now you pick your bottom you're going to get on your hands basically so you have the body's telling you no we have not turned around yet what is it respecting the fair value gap on that 15-minute time frame that I've been drawing your attention to so while we did have that immediate rebalance here and it rolled down it came right back up to the high end of that 15minute fair value Gap but did not close out of it the bodies are saying watch me hello neon sign nothing happened yet everything is still in motion going lower so if that's the case what are you looking for what's below this 15-minute fair value Gap well we can have the new week opening Gap and new day opening Gap these levels on here like I said last Friday they're like a big black hole when they're nested together like that like it's it's such a huge influence on drawing price to them so like I said it would have been nice for it to offer a return back into that 15minute fair value or get into this Cy here between this candle's high and that candle's low get up to that halfway point there say it fails to even touch that well then that means it never would touch this then it will probably aggressively run down with large ranges and very sudden quick [Music] delivery and you had the sell side below here on that low which is 591 and 3/4 so that's an old low right here okay you can see that price in the upper leth hand corner when I put the cursor just underneath it 19591 75 [Music] [Music] [Music] for for [Music] there a mosquito in here I'm trying to let it out the door it's F everywhere but the door that's wide open when I get to heaven I'm going to ask God why did he create mosquitoes fing syringes it's a male they don't bite but still I don't want in my room that's something that would have been uh edited out of a recorded video by the way but we're live so it needs to be left in here I guess so so far it's respecting the lower level of this Wick here this right here see that and I can tell you and I said it last week um these lectures that I give you this week are going to be the L the L the least loved liked or appreciated lessons but when you go out and you try to use this information and you don't study with the things I'm talking about in these you're going to have problems that are going to arise and you're not going to be able to pull the information out with successful trades or ideas or you're going to rush to try to make money before you really understand how to use this stuff and later on you're going to come back later on probably months years later because you're going to try other stuff and you're not going to do well with that and you're going to think that well let me just see what I do if I go back and listen and you're going to think wow he said these things and I fell victim with all that stuff if I just were to listen to those lectures focused on slowing down demand and that price is giving you something that's obvious obviously you know you don't have the information that you should have as a profitable Trader or someone that's consistently able to do it correctly so when I'm making annotations or talking them about them as we were talking about here with the immediate rebounds and then when it was traded just little outside of that I told you look nothing's happened yet it hasn't turned we're not trying to pick the bottom yet and this is telling you that we have proven with the bodies it's telling you The Narrative that nothing has changed so the momentum and and the delivery of price is lower so all its feeling is returning to a premium level which is the high of that 15minute fair value guy which we want to see it behave as an inversion fair value guy it's showing that it's showing that signs here but when we outlined this larger um discount array being in the chart when we brought it up like this this is a target but if you would have waited for it to trade to that level that could be a model for you but this right here is not indicating that we returning as go back and listen to the stream but those are the things that you have to watch and that are problematic so if you're looking for setups if you ignore what price is doing and you're not taking in the Intel that it's providing to you information that's going to be helpful to you or cancelling if it nullifies any interest in the marketplace you have to be thankful that you can take that out of price action and not look at it well I missed a move I hate that I missed a move it's so frustrating why if you're if you're brand new and you're trying to learn how to do this it's normal for you to feel like it's not easy it's normal for you to feel like it's never going to happen for you that's a normal thing when you're trying to say I should already be trading with real money profitably sure I mean if someone picks up a golf club me because I hate golf it would be unrealistic for me to say you know I'm going to pick up a golf club and be able to uh putt or drive a golf ball like Tiger Woods because I've watched Tiger Woods so many times on TV in the in the the Highlight Reel so therefore I should know how to do what he does and be able to do the same thing because I've watched him do it so many times and that's unfortunately the same misconception that a lot of students have because they've watched lots of ICT videos and that's that's not the same thing as watching real-time price action and looking for the things that I teach as PD arrays signatures and price how the characteristic of that price run is indicative of a sustained run or is it just reaching for the next inefficiency or liquidity to make a reversal there's a lot of things that you have to discern and in the natural progression of going through that by watching price and not rushing yourself to know something you're you're learning every single time you're in front of charts if you're watching price action with me live or you're watching price without me but you're just watching price as long as you are managing your expectations and you're not trying to force the the idea of I need to be in a trade I need to be in a trade so therefore uh the outcome is the Make It or Break It Or success or failure that's the grading of it and if you're trying to grade yourself on that premise you're going to be very hard to encourage to keep going forward and it's not just my material that that mindset usually is adopted to whatever else they go and Chase so what other method or whatever uh school of thought for trading they sit down in front of and they try to trade with they're going to fail at that too because they first have to have the proper mindset and that's what I'm trying to do with you Caleb is relax you remind you that you're not expected to trade like me you're not expected to know every little fluctuation and be able to determine what it's going to do and how it's going to behave that's not realistic what is your what is your priority right now is number one to move slow let anything that becomes important to you manifest itself it's got to it's got to show itself in the chart say okay I see this and this is causing me a concern or question and I'm curious or I have a doubt about something being there that maybe I should be looking at that's all normal and you write those questions down in your journal and then we sit down with each other on Saturdays you'll be able to tell me this is what it is this is what's on my mind right now and I'll tell you well this is what you do with this question or concern or I'll answer it for you or I'll tell you that's not even something that you should be worrying about because there's going to be a lot of that stuff in the beginning you know worrying about the things are not important in the beginning it's a huge time waster and while I do have a lot of content and my videos tend to be long it's meant to save you years of doing stuff that's not fruitful versus listening to a lecture and if you were in college say I was a college professor and I wasn't teaching trading I was teaching you know economics or I was teaching psychology you'd have to hear me drone on and on and on so why are you trying to short you know shortcut it all you're here to learn it you're you're here try to get a PhD in price action so every time you sit down with me that's what we're doing we're focusing on the things that are going to be very important things that you don't think are important right now but when you start watching your trades in the future like for instance you may have when we're looking like this I guarantee you somebody out there was seeing this low this low and this low and they're thinking okay that's a three dries pattern and then they saw this big run like this I say big but it's not really but it was sudden run right up in here and it went this candle was bullish it looked like it was a reversal to them and they probably already had a trade being recorded can go on social media and say I did this against ICT and they're doing all the wrong things too they're trying to look right instead of staying here and learning how to reprice action correctly but I told you the bodies were telling you nothing has changed nothing has changed and the only thing we've done is we've left this small little portion open down here on the 15-minute time frame and we want to see that shaded area become a inversion fair value Gap so that means you use the high in the midpoint it trades up to it it Rejects and goes to the lower half at that time you don't ever want to see it go back above the midpoint ideally you want to see a trade once it leaves it here go up and bump that Wick into it and Wick just below the midpoint or consequent encroachment and then leave in the very next fair value Gap because we're on a one minute uh chart right now if it were to do something like that on a 15sec 30 second chart 45 second chart the first fair value get once it leaves the inversion Fair got and it displaces outside of it the very next 15 302 or 45 second fair value Gap once it trades into that institutional order for entry drill use that and then Target the next cells side liquidity or inefficiency and I told you last week that this is like a huge black hole and we were up here and I said it's going to draw into that it's a very large um magnet okay it's going to it's going to suck price in and it's going to gravitate to it and there's nothing that you're going to find in in retail logic that's going to tell you that but you you're learning it and Caleb needs to Target New Day opening gaps and new week opening gaps for his draw on liquidity so while we're not pressing a button today we're not taking any trades today we're not engaging price we're observing and you're watching how price behaves with a very weak Gap a very very small weak Gap and that's back here so it's not it's not all that terribly in influential for me the frame of a bias around what I'm building for my son is there other things that I have to trade with that information yes but if I start pulling out every tool and every other thing I know is he really learning that model no but having the expectation of navigating conditions that his model is not going to be excelling in in other words there isn't a trade for him yet there's there's nothing for him yet the breakdown out of this in inversion Fair Val gap on the 15 minute time frame there is no Gap in here 10 o' is here right there okay so he has to find a fair value guy no fair V gaps small one there nice one it could have been there I even talked about it live with you I said it'd be nice to see it go up in there because that would be a real nice model for it to shoot from here down to the new week opening Gap new day opening Gap that's nested here before it traded down there look at the bodies right on that high of the new day opening Gap from August 23rd your support and resistance lines aren't going to tell you that okay your pitchforks they're not going to tell you they're not going to tell you that okay um the the model that he's being pushed into like a mold okay he's my son I can do that but I am realistic and I know that millions of you out there watching this are not going to be pressed in the same oldold it doesn't work that way but for him I have to give him a baseline foundation and I said to him I said it to you openly he may not stay with the fair value Gap as his model but it it has to give him something to start with and it makes him familiar with reading price action so it gives him I gave the analogy if I take you know five red apples and one green apple and your challenge is to stand up your eyes closed and I throw all of them up in the air and then you're told to open your eyes up and just grab the green one your eyes are going to open up and see all these things moving around and you're not going to have the experience the time and the skill level to go R rate for the green one because our our eye go goes right to movement and we're we're watching price action all the time if you're looking at live price action you're you're constantly distracted with fluctuations in price and you're like a dog in a in a meat market where the the the first thing that can dangle within your distance of of being able to bite it and eat it that's what they're going to go after it doesn't care if there's fet Manan over to the right if there's this a strip of bacon just hanging down long long enough close enough of their snout that's Sniff and and almost lick it they're going to go for that the wagu beef okay to the left of them they don't care about that it's their first Chomp and and I'm going to get something that's retail perspective so the way you remove that and say okay I want a choice cut of meat I'm going in to eat today that's the intention I'm going to go in and I want to take something home I want to take my pound of flesh but I don't want to go out there and just Chase everything so now if I teach you to have the perspective of close your eyes you only have been studying studing the green apple that's your PDA that's your not your PDA your PD uh yeah your PD you want to have uh your focus keyed up your reticular activating system by doing what we're doing here which is watching price action you can see this by watching my recordings you don't have to have real time data watch my old video recordings that I'm doing in live stream and study what price is doing you don't even have to listen to me talk just study what price is doing and when it does certain things pause the video and then go into your charts and annotate that dress that up so that way it's in your charts it's in there and you keep a running log of a template that has your observations every single day they're there and as long as you go back in time and you zoom out your chart that shows you this much information your annotations will be there and you refer to how it behaved in the delivery and building of the weekly range and that's what you do on the weekend but when the market is not providing your a model you don't feel any regret you don't think you don't say well I'm throwing this model out because it didn't give me a setup today oh this this model is better trading inversion fair value gaps are better I'm going to do that because that's what worked today in live stream for ICT and cayla's model doesn't have a setup yet so doesn't that mean it's better than cayla's model no that's a that's a myopic toxic thought you're trying to cut Corners you're trying to force your model to be in every day every instant every session no that's the problem that's a problem within the way you're thinking and you have to relax yourself and say I'm only interested in price if it shows me what I'm looking for and if it's not going to give it to me that means I have to wait and there's nothing wrong with that you can't act like a child that sees the big sucker in the store aisle and yes it convinced its mother or father to buy it for him but just because they have it now in the cart doesn't mean they get to eat it right now so it's a matter of managing your expectations controlling your impulsive nature that you want to do something and you're willing to break your model and abandon your plan just to be a part of something and that is not conducive for consistently profitable in fact it creates such a huge matter of anxiety second guessing yourself because you're not submitting yourself to watching price and say this is the model I'm looking for and I'm going to wait for that and if it doesn't do it guess what that means I had no losing trade today I didn't spend commission I didn't have losing trade but I have gained much more experience in patience a a lesson learned in patience forging patience fighting off fear of missing out fomo fighting off the greed fighting off the the natural tendency to feel like you belong here uh one of the ladies that uh have recently been commenting on the the content mentioned that uh I believe I don't want to say your name because I'm afraid that they they'll bring you know who you are but the uh she said that she had folks being highly critical of her and because it's more or less viewed as a man's industry and I'm going to say this again and I know the young men don't like this they they say I'm sing I had to looked that up I didn't know I'm 52 I'm usually I'm pretty close to what's going on but I had to look up what simping is but uh my best students are women my most profitable students are women they have a vagina okay um if that hurts you if that bothers you oh that's your problem okay but they're more inclined to think like I'm trying to teach my son here is to not Rush they're not out there trying to you show it to the uh you the girls club The Women's Club the girls night out the First Wives Club okay they're not out there saying look what I did today look how much more I did better than all of you they're not doing that they're trying to get good at it because they want to be able to be independent they want to be able to hold on to the ideas that they can do this without anyone else doing it for them and weak-minded men don't like that they don't like that and it's too to much competition and I'm telling you okay women have a built-in advantage in trading and investing because they don't take silly risks and they don't trade with ego that's why my best students are women and that's why my best profitable students that have been longer term profitable than the males because they are not trying to look smart on the internet and you can borrow that logic gentlemen from them the way they're thinking in terms of not trying to be aggressive they're not trying to be better than everybody else they're just trying to do it well enough that they comfortable in their own skin as a traitor and it's hard for women to do this industry because there you go look almost hit our almost hit it in it there it is perfect so when you have women trying to do this and and and they're met with opposition from the very toxic male you know attitude that you know we're better than you we're barbarians and you you should be knitting you should be you making me a sandwich like the lady said in a comment which I thought was funny the uh you have to relax and to say there might be a woman out there that's going to be better than you even at the highest form of your trading where you think you've met the highest peak of your uh next one with you get down [Music] here and if that wrecks you mentally or psychologically that as a woman out there is so much better than you and you can't even do what they're doing you have some growth there for you you have some opportunity but I don't ever see any ladies out there you know flexing and saying I'm I'm better than this one and well that's not entirely true I did see one I did see one on Twitter last year but you know I muted her um not physically but I shut her down the way she was AC cuz it wasn't ladylike and it was just toxic but you don't usually see that but the men absolutely and this is why I'm trying to tell my son when you get good at this you're you're literally going to feel like you want to go out there and smack people around because maybe you saw something was said about me or the or what it is I've done my entire life and women aren't usually like that and that's why they make the most money that's why they're better Traders they have far less executions they have far less fluctuations in their uh p&l and their Equity curve is much much smoother because they're not they're not impulsive in a manner like a man is because we have to show that we can do it we have to do it it's in our nature we have to prove it we have to prove that we can do it where women generally because of their their mindset and the way they're wired they want stability they want continuity think like they're they're naturally they're naturally made and created as the person between us the two Sexes and there's only two of them when they're birthing a child they have the the miracle in them that they can produce that and produce another person and before that child is born they're nesting and I knew this by experience because I've had multiple children I have five kids and I've seen how a woman changes and there's a level of responsibility that kicks in that when I was young dad I I didn't have that I was I was scared I was like am I ready for this she's not worried about this she's like I got to get the house ready I gotta get this ready we got to do this we gotta do and she knew exactly what needed to be done how it needed to be done and my mind was just swirling around am I really ready for this see that's the thing and in trading that's the same thing that happens when price is moving around gting delivering price men are like what's going on what's going on and the woman is saying is there something for me to do right here because I'm not trying to do things that are outside of what's my responsibility right here my responsibility is my model and women tend to and I've trained a lot of people over the years women tend to be more responsible they're more principal oriented they're much more acclimated to following rules and procedures and sticking to them where men are like I'm going to try to reinvent the wheel I don't want to listen to this other guy I want to make it my own I'm going to change it a little bit and the women don't do that and if you look at the statistics the women are making more money the women are better Traders and that might hurt you if you're a man if you're a young 20-year-old or if you're a teenager and you feel like I couldn't learn from a woman well when I bought Street Smart's book I recognized that that was a woman that co-authored that book I didn't know who she was I just noticed that that was a woman that wrote that book I didn't have any initial trepidations about that and her comments in that book helped me understand stop runs and stop hunts that because I didn't understand before and I could be out here saying oh I never learned from woman but that woman gave me one of the biggest insights I've had about reading why I was losing in trades I didn't understand that that was a thing I just thought I was just doing it wrong and that's all there was to it so you have to be real careful Caleb in the Beginning by trying not to mold an expectation on yourself that you have to be better than the next person you don't have to live up to Dad's ability you don't have to even do one percentage of it it's your progress that's important and where you go as a Trader you you could be better than me because I'm teaching you these lessons where so many people don't realize they waste time worrying about stuff like this and if you don't build those toxic thoughts and if you don't build these Olympic level Feats that you have to live up to because you want to be able to be looked at in the community as a pillar as a Titan as a as a legend don't worry about those things those things are not important they're not going to make you more money they're not going to make you trade better in fact if you look at those types of things it makes it harder for you to trade because you have to live up to that expectation the women in this industry they're not out there trying to live up to any expectation they're not trying to be superheroes they're not trying to be Wonder Woman of trading but think about how every man wants to be Superman they all want to be impervious to losing never happens to them they never call it wrong they don't have a Kryptonite but if you're Superman you're always going to have Alex Luthor you're always going to have a villain you're going to have a Legion of Doom that's going to be coming after you and if you entice enough people to pay that much attention to you and make it about image they're going to troll you they're going to cause you to Second doubt certain things and then when you do anything in the future it's going to be measured on what are they going to think about me versus what does my model say should I be doing anything here should I be trading at all today that's the right perspective and women tend to do that better than men so in my opinion women are better Traders period convince me otherwise so it is 10:38 all right I'll talk for two more minutes and I'm going to close this one what I want you to do in this Caleb is go through all the delivery on the one minute chart the five and the 15minute time frame match up everything that any kind of retracement any up closed candle every up Clos candle rather on a one and five minute chart you want to find the reference point on the 15 in relationship to where it's reaching where it's traded to here I want you to know every inefficiency all the ones that stayed open and I want you to know where we close at noon with the closing price is at noon and everything prior to that is the am session run I want you to study all that and then share with me this evening your observations tell me what you see and obviously those things will be shared with uh the folks on your on your YouTube channel but nothing in here should have caused you to feel like I need to chase it it should have been fun watching it gravitate down to this new day opening Gap nested with a new uh new week opening Gap we had a level here and we outlined on the 15-minute time frame old low it traded to that and accelerated down through next candle opens Wicks up overlaps the new day opening Gap and then acceleration to the downside so in closing let's take a quick look at the five [Music] [Music] minute I don't like these kind of lessons ICT okay you won't do well then you want take a screenshot like that annotate your observations and sell side here 15 minute time frame you want to annotate your observations on this with that chart like that [Music] and just for my own personal taste I want to see what it looks like on a 60-minute chart 4 [Music] hour right here into the afternoon and into overnight going into tomorrow you want to have this that cell side and then this buy sign and balance sell sign efficiency what is going to be important for me now this is me taking Caleb out of the equation just for the sake of him and all of you watching this delivery here on that one single candle overlaps this single candle right there normally this would be viewed as a balanced price range because it's offered sell side and then over here starts at the same level here here buy sides and offered so this range is sent lower and back up so it's offered both sides if it starts to go into this and it's doing it with speed then we have changed in in a degree that's going to start sending us lower for weeks not just a day or two so that's what I'm using this information here I I want to see if we can get into this area is it doing it fast because it should not do it fast so you look at this and say oh yeah this is one of those areas where it's open traffic okay it's going to be easy for price to get down into that not if you're looking at it at the same time that it's delivered like that if it does it quick if it trades down here it does it quick that's indicating that we have turned the corner up here and then we're probably going to want to trade lower on a low on a higher time frame there's a lot of interest especially with all this stuff that's going around the world there's a lot of Wu paying attention going on and right below here I see that getting attacked before we get to the holidays and that's a you that's a big move so kind of like showing you my cards if you will but it has to do what I just outlined moments ago so we traded below there next sell side of any importance is here because this is already upset those relative equal lows as well so that is key sside liquidity this inefficiency we have to watch going forward if we can get into that and let's just put it on the chart it's there and then I'm done for today all right and then change that to light blue because it's a discount array right and that's the business for today I promise you these lectures this week won't feel sexy they won't be like wow that was a barn burner like we've been doing for the first three weeks but these are the parts that are going to help you the most because me coming out here demonstrating ability and prowess and calling trades out there's lots of things I could show that are not in his model today and I would look great and people would leave comments and it'd be a sugarfest and coma inducing uh you know loving comments all over the place I had three or four of them that said you know one of was STFU some punk and uh he you get to say something at one time but the uh the majority was everything else is really really nice and a couple other people were like you know it's they're still confused well if you just sat down and started learning that's a normal feeling no one learns how to do it right away it's it's not something that's going to be easily learned but we don't have a time limit on this because it's my son so I'm putting him through the the ropes the way it should be how it should be done and I'm giving him all of the reminders that it's normal for you to sometimes feel like you didn't get something out of this but if you look at it that you're not trading with real money before you should have and you didn't lose anything so what are you doing you're keeping yourself from picking up toxic thinking you're you're looking at it properly you're observing price we had objectives we were watching price and it delivered that's how you should feel about it you should feel that we were able to see where it could gyate to where it could reach to that was here from here soon as we saw that this the bodies were not indicating that we were going to leave the fair value gap on the 15-minute time frame bullishly leaving it going higher your eye is still looking for sell side liquidity your ey is looking for Discount arras you're looking for Discount inefficiencies that's all this stuff here and when you're new you don't have the ability to find a trade right away and before that you don't even know where it's going where can it likely draw to how do you know that how do you know when the Market's not likely to continue running as I indicated in here one two three drives were in the book uh Street smarts they call it three three Indians why are they not getting CL uh chasing uh police to tell them that they renamed a three drives pattern right but there's logic in Reading price action like this in a relaxed state where you're not trying to impress anybody you're not trying to press a button you're taking information you're collecting it and you're observing you're going to look back at this price run here three four five six months from now if you done it if you took the time to go through and and look at the observations you make today and make that in your journal and then when you look at it half a year from now six months from now next summer when you're looking at Price action you're going to see so many things that you don't see right now and it's going to be so obvious to you that it's there but you can't recognize it right now and it may be your second or third model that you see you don't have to have just one I have models that I work within in markets that are choppy listless type lethargic price action and I have models that will do very very well in that but they won't work well in trending models if I knew the Market's likely to Trend I got three or four models that do very very well with that I have models that are focusing on reversals I I have models that trade the market maker buy and sell models I have models that simply trade intraday volatility and I'm buying and selling all day long up down up down up down down that's Enigma I don't need a bias for that I don't need long-term draws on it I don't need anything I don't need any PD arrays I don't need any of that stuff for that but to communicate in a language for you my children to understand it and for anyone that wants to make themselves available to learn it with them this is the language I've created so that way you can see it learn it and then go into price action using that language and then you will see what your model is and it's not me pushing you to it think about what we showed so far we have the optimal trade entry which was the longest running Flagship setup on my YouTube channel and then you had my daughter's model 2022 then you had Silver Bullet which is Cameron's model and now you're seeing that the new day opening Gap new week opening Gap with a fair value Gap the first presentation of that that's Caleb's model so silver bullets always there every single day Silver Bullet is there I've seen a couple people putting videos out saying it don't work anymore they changed it again I don't want to have the conversations anymore because number one it's it's obviously discounted and you can discard that logic by simply going in with the right way of looking at what it's doing but they want it to be perfectly easy and because they can't do it they want to put the message out there because that way their followers don't expect them to try to be able to do it effectively because they're saying it's changed it's not changed nothing's changed the date is changing your calendar date is changing the logic of making these markets go up and down that's never changing and you should be comfortable comfortable accepting that it doesn't mean that you're going to be able to engage with price action every single day with your model you might see a setup form and you might second guess it and not take it and it runs how are you going to feel about that Caleb are you going to be mad that you doubted yourself and then it ran and you could have made money you could have done something to impress dad you could have said look at this Dad but you didn't do anything and now you're thinking I don't have anything to show him and I'm releasing that for you right now you do not do do that what's impressive to me is you didn't feel comfortable taking the trade even though you saw it you didn't feel comfortable with it something about it didn't feel right and you didn't press into it you've monitored price and it delivered the takeaway is you controlled yourself you didn't break the model you didn't chase price after it started moving after your model spoke that's what I'm impressed by I'm impressed by that you saw that it was there I'm impressed by that that's normal progress that's the thing that you should be focusing on but unfortunately we as humans we do not want to see it like that we look at it as we missed money we missed an opportunity and I'm an idiot because I couldn't take my model and execute on it and you beat yourself up verbally you driving to and from work thinking about what you could have did right versus the things I'm telling you that Dad sees that you will be doing right and I'm pleased by because that's the stuff that keeps you in this industry long enough for you to get the experience to be consistently and the experience that you Gan over time will help you it out picking the right ones that you want to be a part of there's going to be times when your model is going to say yep it's a it's a time to trade it's it's there and you're going to say you know what the daily chart what it's been doing what we got in the calendar later today or later in the week I'm not touching this one I'm just going to watch it and if it moves great I'm entertained by that it just gives me one more little nudge of assurity that I know what I'm doing and what I'm looking for but if you make every fluctuation and every single time you sit in front of charts about making money before you know how to make money you're going to lose money and that will repeat all the time and the only thing you're going to get from that is Regret toxic what if thinking and you're going to be fearful to take setups in the future you're going to be fearful that it won't work because you are forcing inexperience to deliver Olympic feat results and that doesn't ever work it never works so when Dad tells you this relax don't look for these things to be I have to show that I I I can call it when it got to the right fair value Gap and it went to where I thought it was going to go that that that will come I know that will come but that will come as a result of you doing this relax watch price it reaches to the levels we understand we are looking for it the gravitate how did you feel as price was dropping down here some of you watching that ease dropping in in our conversation here you've been invited nonetheless but you're still ease dropping how did you feel as price was dropping did you think wow I can't drop any more than that oh it's probably done it's it's probably done now it's going to start going did you have any moments like that there are wonderful opportunity to go in and annotate that's what you thought was happening at the time and then study what price actually did what signatures were there to indicate that nothing had changed nothing changed we went down and stopped with the bodies here we went outside of the new week opening Gap right into a up closed candle that right there that little retracement and break down right there soon as he crossed over that that's that's another indication that liquidity is being offered to the downside that means we're still on a cell program that means that cell side is still the mode of delivery lower prices in other words and the market just simply goes right back up to that one more time when anybody looking at this maybe if you put an indicator like RSI or CCI or a macd any kind of momentum indicator I bet you that there is some measure of bullish Divergence with these lows and if you're watching indicators like that stochastic something to that effect you get tricked into thinking okay it's done look how much it's moved so when you start seeing Divergence in momentum indicators like that then oh it's it's definitely done and I lost so much money doing that in 1992 1993 1994 trading with divergences thinking that it's it's done because it's diverging it's I mean it has to follow what the indicator says right and it doesn't it doesn't respect it at all okay but if you start looking for Trend following type two divergences that means on your momentum indicator if you look at the high here and the high that's made in your indicator I'm telling you how to use retail logic with my stuff behind it my stuff makes your retail stuff work because this is the market and it's going to very it's going to sound very condesending and arrogant did you just hear this guy yeah I said what I said go back and didn't listen to it but the short-term High here and this lower high here you're going to see your momentum indicators are going to have a higher high reading here versus that one and that's a type two Trend filing or which is called as a hidden Divergence and Nick Van nice was the author and Creator and he's the one that gave it to the trading industry it was not George Lane and George Lane didn't invent stochastics okay so these are all things that are promoted in books and because people hear it and they read in other books they think well this is that's the history this is what it really was and you don't know anything when you have that stuff and that's what you're seeing you're seeing a wave of smart money concept books being written by clueless individuals on Amazon trying to get their little Mark in history and they're just basically going to be a stain in the underwear of trading they're literally out there making fools of themselves because when the real logic is shared it's going to be a glaring obvious Spotlight placed on their ignorance but it's a cash grab they got to pay their credit cards off they got student debt I get it you got to pay your bills I got it but you're not going to be a pillar in the industry you're not going to be a gellant no one's going to care about your book because it's going to be toilet paper and rushing to do things like that versus sitting down with a notepad listening to the old man listen to me my goal is for you to do well and learn it correctly Casper SMC young man I think you probably put more ICT content out than anybody else besides myself and you've recently made a video like all the trade set ICT trade setups in 19 minutes you're teaching something in your diagram the changeing state of delivery you have that on the lowest down closed candle that's wrong it needs to be on the highest succession down Clos candle so that's wrong even even in your diagram you can see prices go right to the opening price of the second highest down Clos candle that's the change in the state of delivery okay that's the order block so fix that re-upload your video or make a overlay and correct yourself because that's not right but I was going to leave a comment but I thought that would be rude but uh this way everybody can go and watch you and get some ad Revenue off of it but correct it because it's not right so the U the main take way is for the lecture today is for you to slow down observe price when it's not obvious and your model's not speaking to you Caleb Don't Force anything don't try to reverse it don't try to force a setup don't try to chase something else don't reach for another PD array of dad well I can't find my model today so I'm going to I'm going to trade order blocks or I'm going to trade optimal trade entry or I'm going to use something else don't do that that's one of the biggest things that my paid students made the mistake of trying to do they don't have the wherewithal to stick with the model and that means being comfortable with their model not giving them a setup today it's not an everyday make money when when you're brand new and you don't know what you're doing that is not the right mindset and and people that tell you that they're fools they're absolute fools and if they get lucky to force something in those environments what they have done is they've rewarded bad thinking they've rewarded impulsiveness and that's exactly what a gambler feels when he goes to the casino and he thinks he's lucky and he goes home without money he goes home with regret but guess what he's going to get comped a free room so he can go back out there again and give them more money and he's going to take that as as an indication that the universe is telling me I'm lucky look at this they gave me a really good comp and I even got a show ticket too I got to fly out there again not realizing that they haven't made any changes that's going to make them better at gambling they just think that everything's going to work out for them and that's exactly what people do when they're watching price action they zone out like a deer in headlights and they think well you know my model's not here so what else do I do you sit still and you log how difficult it was for you to sit still and at the end of the day you didn't lose money that's the win that's the takeaway you're never going to hear profitable traders that teach emphasize the importance of that you're you're not going to hear it because it's all about getting into a move so that way you can high five each other look at my certificate I got a funded account look at my payout high five that's what it's about the engagement traffic about how I have lots of people that are making money I have lots of people passing funded accounts I have lots of people getting payouts I have lots of people trading real money accounts and that's going on all day long all the time but I'm not cheerleading that the folks that come here while that might be great for them that they're making money there's nothing that they can do by seeing someone else's success like that it might inspire you like wow I want to be able to do that too but I'm going to tell you the real behind the scenes feelings are I can't get there and I want to rush to get to that that's what always happens my students that have been honest when they see other people in our groups be successful and they made money it's almost like resentment it's resentment and it's easy to see why my community the people that follow me are the most abrasive and called toxic because they're so in a race to keep up with the ones that are successful in my community and when they can't get there as fast as they want to they become very toxic and critical of everything and that stems from not doing what I'm teaching this week you have to relax my results are not your results you've never seen someone outline on $200,000 trade live ever you've never seen that before but you seen it Friday you saw that Friday but there's some people that say it doesn't work he called both sides in the mark like no I did not I did not but you that are demanding I need to know every day I need to know the right ones that work only when it makes me money and I need to know how to use a stop loss that's never going to get hit if you have that framework right now this is the week that you want to spend the most time in because you have a lot of character flaws that are going and they're normal don't get me wrong I'm not I'm not trying to beat anybody up that thinks like this and I'm not trying to make you feel stupid it's an opportunity to recalibrate or to initially calibrate yourself with the right mindset because if you go into trading if you go into trading with these things in your head that you're that you're putting so much emphasis on my model has to be executed every single day I have to make money every single day I got to be able to see my model when it presents itself you might have a model of choosing and it might not be this one here that I have for Caleb you might see a day where you didn't see it for him and and then it starts running oh I missed it you know what that is that's progress but it isn't going to feel like progress when you first do it it's going to feel like you failed and you're going to feel like I don't want anybody to ask me how I did today I don't want to go on social media I'm not GNA talk I'm not leaving comments on my favorite friends because if I stay on the radar they're never going to ask me how was your day today and you don't want to have to lie but you will forced into a corner you're going to say yeah you know my model did this I did this my model gave this many points okay but that's not trading it and you know that and now what you just you just laid down Scar Tissue you inflicted wounds on yourself your ego and your intellect has now been bruised you did something with a transaction with people that don't care about you they don't care about you if you make money they don't care if you lose money they going to be there to laugh about but after that they're done they're looking for something else because it's all stimuli so you have to have the right perspective of what you're doing while you're doing it the outcome is not the goal the process and following that process that is the goal because if you do those things correctly the results will do what they're supposed to do keep stacking up in in positive the column but if you don't have the right mindset going in and observe in okay there's nothing for me to do right now so sit still and be okay and be comfortable knowing that that's fine that's that's realistic for you to feel well you know I'm looking for something and it might not present itself today or you just aren't on your game today you're not dialed in and it it runs and it doesn't do anything to get you in that's wonderful you didn't lose money that's that's someone with 32 years of experience telling you that that that's okay it's good it's good for you to not have lost money doing things that were silly but if you've ever traded with real money how many times have you done silly things like that and you knew wow I wish I could just go back in time I knew it wasn't anything in the market I just I just gave into that impulsiveness I just want to push the button guess what women tend to do that less now I do have students that are female that have admitted that they've done that but not to the degree that men do I have so many students over the last 20 years that it's almost like the same person's writing them they're not I've received payments from a lot of them and they're not the same person and their initial stages were very similar I don't even know why I pushed the button I was just I sat there I don't know if it was being being bored or what it was I just felt like something came over me and I just pushed the button to get in and I knew as soon as I pushed it I should have never done it but then it started working in my favor I was like well wa man wow it's it's really doing something and then comes back on them and they lost money and then that you're losing money when you follow your model it's it's measured risk and it's something that you should be comfortable with if you lose if you're not ready to accept that and I'm going to repeat it again because it probably went right over your head if you're not ready to follow a model trust that this is the frame in which you're going to engage Price Place a stop loss a real stoploss not a two handle stop loss something that's reasonable that based on this the structure in the marketplace you're in engaging with it's reasonable for it to fluctuate around but if it goes to that stop you're definitely wrong that's why most people don't want to use a stop loss because what are they doing they're defining a moment in price where they're wrong and that just cut real deep right now didn't it you're uncomfortable you want to turn the video off you want to stop watching the stream right now because I just pushed you into a corner like a bully and said give me your lunch money but you got to recognize that you got to say you know what that's true so that's an opportunity how can I correct that well I'm glad you asked you have to learn how to read price action and know what your model is suggesting is likely to occur in price and you cannot figure that out by watching my videos you're just getting familiar with it but you have to watch price action you have to study it you have to back test it you have to log it and get comfortable seeing it many many many times I take losing trades folks it's it's it's going to happen to you too but I don't go into a market and think man what if I get stopped out all this stuff's going to go out the window if this trade fails if this one stops out I'm might well just throw all this stuff away and just start trading Ballinger bins that's never going to happen but the point is is when you're when you're forced to come to the root decision making catalysts of using a stop loss a Trader without a model without experience that should not be trading with real money yet to implement and use a stop loss which is what you always should do you should never be trading without stop loss ever I don't care what anybody tells you you're an idiot if you're trading without stop loss you're literally saying I don't care how much it wants to hurt me I'm here for it that's what you're saying and that's not somebody that's managing risk right and that to me is crazy but if you're saying to yourself I'm going to implement a stop loss on my trade using the model that I'm trying to engage price with I'm placing my stop at this price level whatever it is when you do that you're essentially saying I am wrong if it goes here and I'm okay with being wrong and I'm okay paying for this experience I'm going to college in this trade I'm going to uh a seminar that I had to pay a fee for listening to a professional okay you're using the same logic there it's costing you something but that stop loss is doing a whole lot more is it it's defining the very moment that you as a man or woman a Trader in the pursuit of success that you're wrong and some of you think that you're going to be the person that never does it wrong so how do you avoid it don't use a stop loss I'm never wrong then but you're always blowing out you're always failing your challenges and you're always losing your funded account that's what keeps happening because you don't want to lose use a stop loss you don't want to admit that you're wrong about that trade idea and you don't want to use a leverage that is reasonable that if you do get stopped out yeah you're wrong on that trade and it didn't take more from you so you can still take another one that could yield easily three to four 10 times what you just took as a stop loss but you're not thinking that way initially you're thinking I'm going to make money I want to get a payout I want to pass the funding account challenge I want to show everybody my certificate I want to get handshakes from everybody and out of boys and out of girls on social media that's what you're trading for versus I want to protect my Equity I want to be in this longer than just today or next week or this month or this summer or this year and my goals are I want to be able to replace my income I want to be able to pay my car note every month on this I want to be able to pay grocery bill not I want somebody else to tell me I'm I'm doing good because doing things in trading for those types of results you're going to break rules you're not going to follow your model you're going to over leverage because you're trying to impress and I don't want you thinking like that Caleb that's why your rules are you can only trade with one contract that's why you're going to be trading with a micro contract first because you're not trying to impress me with how much you're making I got plenty of money you know that I ain't impressed by money I'm impressed by skill set following rules and being responsible and honest with what you're trying to do so when you get stopped out when you start trading I'm not going to ever look at you and say what a failure I'm going to be thankful that you use the stop loss I'm going to be thankful that you at that moment decided that you are wrong and you're comfortable in your own skin at that moment should you be stopped out and it doesn't take enough to hurt you it doesn't change your trust in the model it doesn't take enough from the account that you can't take another trade you see what I'm forming for you son I'm giving you a shield first because if you have a really good shield and you can stand on your own two feet the market can slap you around a lot and you can take a lot of those shots and you're still there you haven't got your sword and spear yet you haven't got that stage yet okay you're just learning how to stay on your two feet and hold that sword later on to stab it in its heart right now you just have to hold on to that shield and keep yourself in the game by doing it that way you're learning more about your footing you're learning about how you have to navigate and Parry when the market does things you didn't expect you're still in it it doesn't change and wreck your whole perspective on I'm never going to get it and that's what happens with everybody everybody feels that initially no one has ever walked out there and had straight success and they never doubted whether they're going to be able to do this consistently no one's not ever had that moment of doubt and the more you involve yourself initially with trying to chase the money the sooner that moment's going to come and you don't have enough experience to say that's not realistic for me think that way but while you're at work when you're with your girlfriend and your boyfriend when you're eating you're going to be disgusted because you're thinking that way and that's going to consume that private time that you're away from the market you're going to be obsessively thinking about the market and what are you going to be excessively thinking about how good you've been trading no you're going to think about the things that you are doing wrong and you're laying down more scar tissue and it's going to make it harder for you to learn how to do this thinking that way once you have Scar Tissue that's toxic thinking that means you're fearful of the outcome of the trade you're fearful of the model working for you and you want to stop using that model and it's going to be easier for you it's going to be painless for you to to say not using this one it doesn't work for me I want to use something else or you'll take a leap and completely say I don't want to use any of this logic give me an indicator and you're hiding from the root cause that you are not doing what you're supposed to be doing you're not sticking to a process you haven't for you haven't formed a model that you can stay with to see the results are there I literally could flip a coin flip a coin heads I'll buy Tails I'll sell the first return to the opening range Gap and if I'm not risking but one quarter of 1% by the end of the year that's profitable that's a challenge for someone to run the numbers on it use your system tester to do that rewind it listen to the logic it's simple use the other end of the opening range as your stop loss at the end of the year you're making money I just gave you something that's completely mechanical literally completely mechanical it doesn't even have a bias it's simple but that's demanding too much of you just like staying on the right side of the road is too demanding for most people just like the sign that says don't go faster than the speed limit they're not suggestions that's the law but I break the law a lot I want to see how fast I can get above that speed limit from a red light if I have nobody in front of me and it's open road my cars sometimes get asked to do things that they legally are not allowed to do but I'm not doing that on 9 five trying to be Speed Racer and risk everybody's lives in my own personal property I know that that stop loss might get hit I manage the risk there but if I'm on a back road and it's a straight shot it's all Farmland worst thing can happen is a deer jumps in front of me and that would suck so everything has to be measured in risk and you're gravitating towards understanding how to define that risk but you're doing it in a way where you're not focusing on the results of monetary wins or losses that's not the that's not the report card we're not even there yet we're not there yet for you and seeing a move that oh I could have made no don't if you say I could have you just replace it well I don't need to do that right now I didn't need to do it right now that's how you replace that logic and it's it's a a way of replacing and recalibrating your mind set about the outcomes you're rushing to get to a I am profitable and I'm going to be a go out and make more money today in the afternoon I'll go out there and do it tomorrow because I have a model until you get good at trusting the model and identifying it that's that part's never going to be there and people don't put themselves through the proper time required to get to that mindset and that's why they system hop that's why I systemed hop as a young man I have no shame in the game telling you that's exactly what was going on in my mind because I wanted immediate results I wanted immediate feedback that it works all the time all the time I wanted everything to be perfect easy and fast for me and that's why I talk to all of you that are listening in that mindset in that delivery of criticism because I went through the same thing I'm not trying to talk down to you like I didn't go through I went through the same stuff I just need to have somebody trying to kick me in the rear end say this is wrong I had to lose a lot of money many times to learn the lessons that I'm doing this wrong because I kept repeating the same stuff expecting a different result and some of you simply want to go through the same things I went through because it's like a like we're sitting around like remember I've used this before I love the movie Jaws the original one and uh Roy Schneider and uh the two other guys are sitting on and they start comparing their scars how they got hurt and like oh yeah look at this one that's typical of men that's That's a classic man thing try to one up the next guy oh you did that well look at mine I got some or you know the guy you're the guy or you have a friend that's always done something bigger faster better that's a man characteristic you don't see that in women that's why they're better Traders that's why they're better Traders they focus on what they got to do what do I got to do how do I do it and leave everything extra out of it and when they get there they're not parading it around like a peacock peacocks it's a male thing I'm I'm open I tell you that's what I do I'll go over to my wife say look what I did you know who you're married to woman look at this you got you get all this all this is yours girl high five that's right but you want to go through it sometimes most of you men you want to go through that same process yeah I came through a battlefield ICT was just like you brother yeah I went through the same stuff why when I talk like this and I teach this way it's the intended purpose for you to avoid it you become be better by not going through those things I can recognize that some of you will be smarter than I am and say you know what this man was honest enough to say where his shortcomings are what he focused on too much early on that caused him to make this learning curve longer taking more time than it's necessary trying to do stupid things instead of just saying these are the these are rules these are the model parameters I got to operate in this is the time it's going to be there or it's not going to be there if it's not going to be there guess what I didn't lose any money and I've gained more experience I've both the confidence in myself that I didn't recklessly plunge ahead without doing a model I didn't go in impulsively and just chase price action and I didn't execute and pay commissions on a losing trade on top of it that's all winning that's winning because costs of trading if you're a reckless and you just go nuts you can have trades that mathematically look profitable but because you've overleveraged and trade so much the commission costs and fees eat it all up and there's so many people that don't realize that until they start doing it yeah man our trades add up to $1,000 today I mean $1,000 yeah what' you pay in commission well you know I had to pay $1,200 in Commission because I traded a lot but that's all right I made $1,000 no you didn't no you didn't you spent $1,200 and now you have less money in your account that's not a winning day when's the last time your Mentor told you that that's the reality of trading without a model without rules commission costs and fees are like piranha they're just waiting for you to get into the marketplace because they're getting those commission costs and fees whether you make money or not so you have to only engage when it's more likely that you're going to see your model paying out watch the buy side here note that one okay um just for the PM session so even if it want to go lower I'd like to see it trade up there bump that because that would be where anybody short would have trailed their stop loss but u i i' I've went over today a little bit more than I wanted to I wanted to try to keep it at like 10:30 but these lectures are meant to calibrate your mindset Caleb to to remind you what you're doing to avoid chasing things that are not important right now that's the main takeaway is because if you go in thinking unlike the things I'm trying to shape your mindset around focusing on the important things and filtering all the other stuff it's going to be harder for you to learn this and also to be comfortable in your own skin if you don't want to listen to these lectures I promise the outcome is going to be this and I mean this entirely it won't be for cayb because I'm going to put him through the Woodshed he's going to have to do this and that's the way it is but for all of you listening the outcome is going to be this doesn't work there's too many moving Parts I don't like it it doesn't work because it doesn't give me enough trades if you have one good trade a week you have more than 99% of retail Traders because they have no idea what they're doing but they're taking lots of Trades so having more of a a frequency of trade is not a that's not a plus for anyone that doesn't know how to trade unless you know how to do something really really well that you can wait all week for all week one of the exercises I forced myself is I had to take a Time based trade on a Friday in a PM session that means I was not allowing myself to take any setups while I watched price lots of opportunities and it was agonizing for me I wanted to push the button on everything but to teach myself patience and self-control which I needed a lot of in the beginning I didn't have that I was like a cowboy literally just gunslinging everything bye bye bye bye bye if if Kramer would have been around then I would have been broke faster but cran is a guy on on CNBC he's a perfect indicator when he says something's going up it's going down and you know just look at his data it's crazy but I had to force myself to don't trade until the afternoon session that means two o'clock to four o'clock on that Friday I that was the only time I could take a trade and every single day it was like my skin was crawling I was going through withdrawal like man like I don't know if I can do this and so many times I would have my platform opened up thinking okay I'm going to call the broker in I'm going to put this trade on I'm watching metast that was my PL that was my that was my trading view chart program metastock and I had super charts and I had trade station and it was very very hard for me to sit still and to be honest with you sometimes I gave in and guess what happened I would lose and that loss was multiplied so many times over because I did not listen to the rules I crossed the yellow line I went over the speed limit and I drive I drove under the influence of greed so should I be surprised that I wrecked I shouldn't be but I was at the time like how'd this happen how could this happen to me I didn't deserve that yes you did Michael you didn't follow the rules you impulsively traded you were supposed to wait until Friday the afternoon session between 2 o'clock and 4 o'clock because you're not controlling yourself you don't have self-control and you're trading impulsively so I had to force myself with these things maybe it's not that extreme for you maybe you you you you're thinking that you're exempt from that okay well what are you going to do to overcome that impulse of nature it's only fixed by doing less and growing comfortable with less and I found that I could do one trade in the bond market and that one trade in the bond market could yield me more than my whole monthly income and I'm like wow this is a whole lot less than I thought it was going require and that was an astonishing moment for me it was an epiphany where I thought you had to trade every single day because the markets are trading I I got to find a trade and I realize that less is more less is less to worry about if you have four trades a month your commissions are going to be the lowest it can be I mean think about it your commission costs are going to be you extremely low and if you're profitable wow your your net profitability is through the through the roof but no one's telling you that as Educators no one's telling you that they're telling you go go go baby and all these funding account companies they love it because that's more commission costs or fees that they're collecting and more likely you're going to blow the account and then start up all over again and I'm telling you Caleb you're not feeding them that you're not fattening their wallets you're going in just enough to take what you need that's it they'll make a little bit of money off of you that's that's a given but you're only in there to make a couple Grand once you get the $5,000 that $5,000 is going to come out of there and you will never open up another transaction with that funded account company ever again and that $5,000 is going to go into amp Global and amp global you're going to trade a micro contract and you're going to build that up slowly until you can get to one standard lot how are you going to know when you can trade one standard lot when you're trading with one and a half times the full exchange margin man that's going to take I don't care what anybody else says about how long it's going to take you're in this to have a career you're going to get bored with doing this so that way when you are trading with the standard lot you're going to be making more than everybody else out there that's going to criticize if you give them a stage for it they're going to be working their jobs when you're making doctor salaries in a month they're going to be regretting not doing the things that you're going through when you're making more money than theyve ever imagined they'll still be where they're at toxic thinking being critical of other people when you have done the work and when you take trades you're not going to be anxious you're not going to be worried about if you get stopped out because the leverage that you're using is the minimum and the the risk you you're placing on the trade cannot take your account from you and when you have one winning trade for the day you're done if you have a losing trade you're done there's no question there's no conversation there's no doubts about it this is the way it is and you will make millions of dollars as a result of that it just takes the time element that nobody else wants to put themselves through they don't want to go through this process of forging ahead with the right mindset and slow and steady giving yourself a chance to understand yourself and how you're going to derail yourself because it's my rules that you're following those rules will keep you from derailing you cannot blow that account trading like that you cannot absolutely cannot blow the account it's not it's not possible but invite more than one trade a day and invo and invite trading with a standard lot versus a micro before you're able to really afford it because with ant Global you can trade a standard lot with 300 bucks and that is reckless so many people have gone into into very very low commission Brokers I'm going to be honest with you you i' I've I've let the Live account be pushed with the expectations of my children to show them the results of money going up money going down and they've watched that and to see them smile and think wow when it was real money in profit and then watching their face when yeah that was a real $8,000 loss and they're like $8,000 wow yeah it's sobering isn't it but see when you go in you're thinking that it's always going to be perfect and you're shielding yourself and putting blinders on thinking it's not going to be that way for you you're going to do it differently and you'll be able to walk through and you'll just just be easy you're lying to yourself and you're filling yourself up with expectations that can't be met so you making Trader trading harder than it needs to be you're making learning how to trade harder than it needs to be versus finding comfort and fun in Reading price action if you make that your first stage and Bloom there everything you do in profitable trading that's consistently profitable is going to stem from you doing this part right but nobody wants to spend the time here doing this they'll go to the golf range pay the fees to be on a golf course and hit balls out there like they're going to be the next Tiger Woods knowing full well they're not going to be on any PGA tournaments they're not going to be on TV but they're going to be out there damn it every weekend when the weather's good I gotta be out there on the green that's not going to make them any money they're going to put all the emphasis on getting out there in the woods to get that deer when they got food in the refrigerator I got to go out there with the boys it's got to happen the fish are biting hun I got to get up early tomorrow I don't know what time I'm coming but me and Rick we're out there we're going on the boat whatever you'll pour your time and effort and energy and all these other things and you'll spend your money chasing women in the club on Fridays and Saturday night and on Monday regretting it and having nothing to show for it and then but you'll do the same thing work all week to do that same thing on the weekend raise up your another week of girl money and women I'm not trying to be mean to you but that's just what men do and some of you women are smart they want to drink for free you know how to work that system you ain't G home with nobody but you're drinking for free and Men simply just don't see it they can be rooked easily and that's why you suck as Traders because you want to throw your money away and these markets are a cruel lover it'll shake its ass at you bat its eyelashes at you and say come on honey you got a chance but you're going home alone broke she had a great time she had a great time you paid for a wonderful experience for her to take it from you and that's why you suck as a traiter because you think that way in instead of saying I want to know where I'm likely to make bad choices and I need to fortify those areas I don't want to get drunk that's why I don't drink alcohol because if I get drunk I'm already an impulsive creature I swing from one Spectrum to the next very rarely am I in the middle so if I intoxicate myself or if I take drugs I would be one extreme or the other and I've never been in an environment where like that I don't want to give myself that opportunity so if I know that that would take me out of my mental faculties I won't be able to make decisions well well I avoid that I I have abstained from those things all my life trading you have to think about the same way this is what like the best part of Alexander's uh book Alexander Elder trading for a living is the first half where it has nothing to do with charts that's where that book really shines because it it talks about persons that have alcohol addiction and I grew up in an alcohol addicted household my family members were all drunks or druggies and my father who's about to come out in the real world after 40 plus years in prison as a contract murderer Michael Joe hington 155 634 that's his inmate number the cut the cut is the Jess House of Corrections okay he's been paroled and we're waiting for him to be released um he picked up a drug addiction over in Vietnam got addicted to heroin came home and the only way he could meet that expense was to do things illegally and got wrapped up in the wrong people and started doing things he shouldn't have done and ended people's lives for money I'm not bragging about that he deserved to be where he was he deserved that and I know that book Alexander wrote it resonated with me I could see how if I'm not careful while I was a teenager I kept myself from drugs I kept myself from alcohol and I did not allow myself to have my my mind clouded by that stuff and when I read that book it really resonated with me because I was like wow I'm glad I'm choosing to do this young because maybe later in life I could have had a midlife crisis and became an alcoholic or a drug addict because I wasn't successful in life and I I I made bad choices and then there it is I go into a taal spin but that book really it helped me focus on the most important factors it's it's how we think what causes this impulsive nature if you've never read the book if you don't have the book go buy it I don't have an affiliate link on Amazon I'm not going to make any money off of it Alexander Elder is not going to give me a kickback for you buying his book but the first half of that book honestly that's the real problems why people can't make money it's not that they don't have a good system for technical stuff the technical stuff is absolutely completely not important at all I can trade without a chart I don't need a chart but the things that we think about the Catalyst for why we make decisions and then when you put a cause and effect for making or losing money behind these impulses if you've never identify what they are in yourself and we all have it folks nobody walks around with clean lawn laundry okay everybody has a dirty shirt somehow somebody has two day old underwear okay something about us isn't right as a Trader and that small little you rock in in your shoe is going to cause you to walk differently you won't be able to do as much as you could unless you fixed it first and by watching price action and studying how you internalize everything that that Market's doing for men it's a gladiator type thing I'm going to battle it's an MMA fight you know I'm I'm slaying a dragon I'm Rambo going in and vanquishing all the enemies Behind Enemy Lines with three bullets in my gun I'm going to kill everybody with you know with the theast setting themselves up for failure not realizing it placing so much emphasis on the cheerleaded after the fact moment that is likely never to come and women don't think that way they think I have to Nest I have to get my resources together and I'm I have to make sure that everything is how it needs to be that's process and protocol oriented men are I'm swinging my sword I'm emptying my clip I'm literally going to go out there and remove the head of everything in front of me I'm going to get the touchdown I'm going to be the Super Bowl winner I'm going to be the World Series winner that's how men think and that that thought process is the very thing that holds men back as traitor and allows women to excel think about it if you're a woman it makes a whole lot more sense now even if you aren't profitable yet you know that you are doing things that are process oriented principal oriented organized everything you're doing organized not impulsive men watch them we are creatures of impulse but when it comes time to defend the family and the home that's what we shine on that's what we're designed to do we are absolutely the right thing for that that's why we were designed to be bigger stronger faster but intellectually sometimes we miss the mark and that is exasperated and highlighted with a bright Spotlight in trading and if you're weak-minded little dick energy you look at this and say oh I can't listen to this guy or you take it as a personal insult instead of saying you know what this makes a whole lot of sense and I am holding myself back because I think this way I had to do the same stuff folks it was hard for me as a young man who thought he figured out a lot of stuff and how everything works and and everybody is going to be impressed nobody was impressed and it didn't matter how much money I made they were not impressed they didn't worry about learning what I was doing they wanted to be around me and let me spend money on them so while I was not going to bars and giving the girls my money through alcohol they were getting things from me and my personal back then friends that are not my friends now they were just mooching off me so I lied to myself and said yeah they respect me because they want to hang around with me no they wanted the gifts that I was giving them for hanging out and I was spending the money because it made me feel like a big shot so who's smarter there it wasn't me it wasn't me it was them they were the market then they were taking from me and I was lying to myself saying I'm happy I'm happy doing this when eventually it got to the point where you know this is dumb what are they really bringing to me what are they making what deposits are they making into my life because I don't even feel good when I'm spending money on them anymore and that's what you have to do you have to take inventory while you're watching price action and discovering what makes you tick what makes you fearful what makes you feel like you have all the things figured out and then when it doesn't work out like that what were those catalysts because that's your problem areas the things that make you impulsive do you get angry real quick do you feel scared out of no out of nowhere for no reason have anxiety attacks you're watching price action and you're like oh man I'm having heart palpitations and you don't even know why it just happened I'm telling you how it happened in the last 30 seconds you just thought of something and you don't have an answer for it and it scared you and you're trying to throw it away like it didn't happen but it's telling you with your body symptoms that you absolutely have something that you need to resolve and if you're in the market trading chances are you have more leverage on than you should or you just took a trade impulsively and you don't know what you're doing and you're just like the person at the casino that laid down their chips on a hand that they don't know is going to win or not or they just put in money and hit maximum bet on the slot machine and pulled the handle down and you know that that's either going to be the last one you did or you're going to get lucky and your heart's palpitating people put themselves through that every single day and if you feed yourself that as a steady diet not knowing what you're doing overleveraging overtrading eventually eventually your body is going to stop working properly and you will have a heart attack you will have a stroke the things that you think you're about to feel and have I have many times like that over my years I just went through vertigo for the first time and that that at vertigo attack made me feel like I was having a stroke I thought I was dying and for weeks after that I was expecting a heart attack a stroke but it was just anxiety around not knowing what I had experienced and then later found out it's verico so now my blood pressure is fine but when I'm in a constant state of oh it's G to happen again I'm I'm it's a mess like it was messing up my blood sugar it was messing up my U blood pressure like I had wild high blood pressure dizzy spells and then finally when I was shown that it was just vertigo it's a small little calcium deposit that went into my inner ear and tricked my brain thinking that I was spinning when I really wasn't it's a terrible thing but there are exercises you can do to mitigate that and it can come back my mother's had it one time in her life and never had it again I've had one episode with it I hope and pray in Jesus name I never have another one of them but if I do have it I know it's not a stroke I know it's not a heart attack but when you have it for the first time it's it's terrifying when you're in a trade and you're overleveraged Caleb you will feel like that you'll feel like the weight of the world's crushing down on you and you're literally standing still but wishing you could run away if someone tries to talk to you even if they're the sweetest tone and well-intended purposes trying to console you you will think they're cussing you out and calling you the worst possible names and spitting in your face get away from me because there this one more thing that's causing more stimuli in your brain because you're overloaded you have taken on too much risk and you've done something impulsively you know what you should be doing which is get out of the trade that's the correc measure to stop it you have to feel comfortable stopping a a transaction even if it's a losing trade I have traded as a 20-year-old in panic driving a truck and drove recklessly and took risks and hit signs on the road because I was rushing to get to a pay phone sliding on Ice nearly tearing off the passenger side mirror of my employer's truck because I wanted to Hur up and get out of a trade that I just couldn't hold on to anymore in soybeans I was losing my ass and I was hoping and hoping and hoping all day that it was going to turn around and I had literally seven or six minutes left until I can get out the trade I tore the mirror almost completely off the truck rushing turning into a road that didn't even look to see if there's a car coming I could have ended up hitting someone and the only thing I cared about was getting out of that painful feeling of I'm not in control and I ran into a company called Kelco on Baltimore Street I'm not sure if it's even there anymore I hated going to that stop but I went there on a day I'm not even supposed to service it but that was the first place I could go to that had a phone that I didn't have to put a quarter into it I just want to run to it grab it pick it up and dial the number and I got out of the trade and soon as I got out of the trade even though the mirror was tore off and I had to go and tell my boss I messed that up I hadn't had any accidents prior to that you would think I'd be scared that I was gonna lose my job oh I'm got but because I got out the trade in 10 minutes of driving my breathing was regulated Panic was gone yes I took a loss yes my mirrors tore up and yes I'm probably gonna get in trouble when I go back to talk to my boss and tell them what I did but I was able to take it my mind wasn't clouded I wasn't in a state of disorientation which is what you're going to feel in these markets if you let yourself trade like this not knowing what you're doing without a model overleveraging overtrading you're you're you're you're placing too much on your system expecting a lottery result to come in and save you and people that don't have a model or know how to trade they repeat this over and over and over again and there's people that are pretending to be mentors and they have no idea what they're doing they have no they don't even touch on these topics Panic anxiety I lived with it for years years with it and the first thing you have to control is how you think and you won't know how you're going to derail yourself until you go through the exercises of watching price recording what you feel how you feel do you feel elated do you feel Invincible when do those things manifest themselves when you're watching price what does it look like in the chart because it's going to happen again and it's going to happen sometimes for you that impatient when you're in a trade with real money and you're going to feel invincible and then all of a sudden the rug gets pulled out from underneath you the market does what it's really going to do and you're not looking for those things you're looking for further evidence that you're perfect you're you're looking for further evidence that you can't wait to go show everybody on social media how much money you just made but you're not going to talk about how you had heart palpitations you near pissed yourself you feel like you're going to your pants you feel like you're going to pass out die you're not going to share those results it was you had no problem doing it this is an everyday thing for you and that in itself is problematic because you're lying to yourself if you do those things and you're making your progress harder because you're saying that it's easy for you right now when you're struggling to go through it young men listen it is not shameful for you to say I am really struggling right now to get this under my grasp I'm I'm a wreck emotionally and psychologically when I'm studying this stuff and when I'm taking trades I know I shouldn't do it but I can't stop myself you're the same thing as a gambler going to a casino you're the same thing as that young man that takes all of his money that's worked all week and sees the pretty girl at the end of the bar or across the club and says you know what I'm going to spend everything in my pocket with the expectation that I'm going to get that take profit of going home with her and she's just going to run your sty she's going to margin call you but you're going to do it the same way next week with a different girl when when is the end when are you going to stop doing those things think about it what what is going to be the Catalyst that says I'm not going to do those things because in the marketplace blowing the account and not having any more money to refund it guess what that's the outcome that's coming it's going to happen it it will absolutely happen to you so you have to know what are these things that's going to trigger that so that way you can recognize them and say I'm not going to recklessly plunge ahead I'm not going to meet a uncomfortable draw down of a losing trade today I'm not going to feed that with more losses yes it's not fun going home with a losing trade but you know what's worse blowing the account making a small less than 1% loss turn into 10% draw down or maximum draw down for the day and you can't trade your account account that sucks that's recklessness and not enough is said about these types of things and the closest I've ever heard Mark Douglas is doesn't he doesn't even come close he doesn't even come close not to be disrespectful the book is essential everybody should have it in a library they should read it but it still doesn't pair with the the the logic of knowing what you're doing is wrong and someone telling you how to fix it and you ignoring it you may have read Mark Douglas's book but are you implementing it hey I read it man I'm an OG just like everybody else I read that book and but how are you trading you're not using anything from that book you're doing everything that he says that it's going to be a problem think about it you know what you're doing many times is not what you should be doing and you you shun that conscience in you that little inside voice that's yours it's your conscience saying I I shouldn't I shouldn't press the button and you think uh I'll wait a minute and then something comes over top of you and you press it because you just can't sit comfortably in a in a position of self-control so you let yourself do what your impulsive nature wants to do and then you lose money and it doesn't happen quick it's going to be a long drawn out process a painful lesson that should be used as a a means of saying you know what I don't want to do this again but that's not enough that's not enough young man you have to have more of it to see that there's a problem here that you need to identify what is it you're doing are you angry because something just happened and you want to have a feel-good moment or are you impatient and you want to get there faster knowing full well that you're not ready that's what you have to be identifying you have to identify your impulsive nature your recklessness and impatience and what are those catalysts that promote that decision- making or that thought process at the time when you're taking these impulsive decisions and placing them in the marketplace is that that parts for the people that are already chaed not you Caleb but this this is an area that is Rich for people to write books on if you have experiences where you've made money but you gone through painful experiences like that and you want to write a book I'm buying your book I'm buying that because that's someone that had to wrestle demons that they made relationships with that they protected see you're protecting all those bad decision-making catalysts you're protecting them instead of saying saying it's time to go it's eviction day you got to get out of here what I'm trying to do there's no room for you here I'm building an Enterprise and there's no positions open for detractors derailers things that's going to cause me to to to not find my success and reach my opportunities and my threshold of success you have to identify them as soon as you can and it's scary scary to do that because it makes you feel frail when frailness in the beginning is a strength it doesn't feel that way but it really is a superpower that you are not going to let your ego in your pride mask what is going to be the biggest barriers for you to succeed all you have to do is recognize what they are and do everything you can to not feed them what's the success rate for guys that go to the bars and spend all their money are they finding their wife no and the ones that they end up probably marrying in those conditions do those marriages work out probably not so why would you expect it any different in the marketplace when you're competing with the smartest people in the world that have control over everything and they're tying strings to you like a marionette and they're going to make you dance when they want you to to all they got to do is make the market run a little bit and oh I've been waiting for this to move all morning let me get in there I know it's probably not the best time to buy it but I'm I got I gotta get in here because I don't want to miss it and I won't use a stop loss because I don't know how much it's going to retrace does that sound like someone that has a Sound Logic and a model that makes sense to trade on no it doesn't but at the time you're going to convince yourself you know it's it's my model it's my right now model and right now model is the model that always blows out that wasn't your model 20 minutes ago it wasn't the model last Friday it wasn't what you were starting to trade with this is what you settled in on it's your right now model it's your right now decision process that has absolutely nothing to do with why you're trying to trade it just means that you feel like you're going to get something out of the move you're trying to milk it and many times you're not milking a female cow you're milking a bull and you know what you get from that so you have a lot of work in the early stages of your development that you have to force yourself to be honest about you have to recognize character flaws that once you identify them and you build in coping skills like I had to learn lots of skills to manage anxiety and agoraphobia I had fear of being around other people I could not have done what I'm doing today when I was 20 I couldn't have done it I was I was so afraid of other people's view of me because I was trying so hard to make myself into something to impress my grandfather so I had this deep rooted sense of wanting to Shield myself from criticism and then eventually it led to a goreaphobia I didn't want to be around with people I didn't want to be around with people they would say hey how's your trading going because I blew that account then and I didn't want to lie because I didn't want to lie because it's it's not easy to manage a lot of lies once you start lying you got to remember everything so I would avoid all those things I would avoid meeting up with people if we have tling functions I was sick if if we have a cookout I've already ate I'm not going and I just stayed away from everybody because I didn't want the invitation of friends and family to ask me how I was doing CU I didn't want them to say haha we told you so it caused anxiety and that anxiety exasperated to levels of agoraphobia which is fear of being around other people and your world shrinks down to what was at that time just my bedroom and it started this toxic cycle of everything about myself I hated everything that I did was wrong and I punished myself and punished myself and punished myself and I was just in this small little world that I created for myself with fear anxiety and depression and then it grew into a eating disorder and I was very very well-built as a young man I was working out I had a very amazing up upper body I didn't work out I was the guy that didn't do leg day and I ain't got to shame and tell you I look like a ice cream cone but it is what it is I ain't gonna lie to you I didn't want to do my legs it sucked so I wore big baggy pants Zubaz pants back then like Ro Warriors the wrestlers you know it was big baggy pants and then muscle teas or tight uh t-shirts and showed everything and I went down from 195 pounds which was stacked with no juice I was going to start taking steroids because I wanted to be a wrestler WWF wrestler and this agoraphobia and anxiety eating disorder brought me all the way down to 150 lbs and I might even show a picture of it the next time we do a live stream um I was emaciated I looked a mess I looked like a cancer patient before chemo like it was bad and my bones and my joints hurt because I was malnourished and I put myself through that the market didn't do that to me I did I did that to myself and it caused so many problems I was developing an ulcer in my stomach I had irritable bow syndrome and Colitis a lot which are all terrible terrible feelings of not being able to go to the bathroom the right way and because I was constantly pumping acid in my stomach through stress and barely eating anything I couldn't even drink water because it was painful I was going to the emergency room severely dehydrated and they have to put IV bags on me and I had to spend time there getting rehydrated and I was doing it all the time and that wasn't enough to say you better stop before you kill yourself I was trapped in this Loop of constantly feeding the demons protecting them I was protecting them and I needed someone to say hey you need help you need to stop thinking like you're thinking and you're doing it to yourself and a lot of my students that have been upfront honest and please don't take this as an invitation to to reach out to me email because it's barely ever an opportunity for me for to get back to some of you that send me emails then you end up sending me emails months later saying you're a jerk you don't ever answer my emails look how many people follow me if just 5% of that ever sends me an email I would never get through them so it's not that I don't want to I just there so many of you but I want Caleb to understand that this is a wonderful opportunity for you to carve out a lifestyle a life for yourself and it need not be millionaire status you could just do really really well making less than six figures but High 90s and be comfortable not have to work your job not have to commute two hours you know it that sucks working 12-hour days that's replaceable you don't need to do much to get that replaced but you can also Chase unrealistic expectations and have high lofty goals on yourself and putay yourself in a situation where you've told friends and family that you're going to do this and you're going to do that and now you just made it harder for yourself which is why I tell you in those Twitter spaces last year and and the year before when I was doing them that love your friends and family from a distance and keep your business out of their attention don't tell them what you're doing let them recognize what you're doing because your lifestyle has changed telling people that you're going to be successful trading you're make lots of money all you have done now is given them the fuel and the ammo to shoot you in your face and tell you I told you you weren't going to be able to do that versus if you just keep it to yourself you're not elevating the risks you're not making it more complicated you're not making it more emotional you're not making it harder for yourself to live up to expectations that are outside of your own and as soon as you invite other people to give you their opinion you're now trying to appease what they think and they don't even know what a chart's telling them but they're going to have an opinion about trading nobody makes money in trading well it's hard for people to make money and it's when it's like that when you're complicating it with all these emotional psychological barriers that you're going to place up inside your mind and it's a normal thing it's it's more prevalent than you realize most people are really good at hiding it they're they're ashamed of it they think they're not a man they think they're not mentally fit when it's just you keeping yourself in a very stressful environment and not identifying the exits you choose to stay there you're in a Cell in a prison but the cell doors open and you can leave anytime you want but you're you're making your bed there you're staying there because you you feel more comfortable in that pain than the pain you think's going to happen because other people will be able to say I told you you couldn't do it so you're going to keep doing all these things making decisions on things that are not rooted in Sound Logic because you want to be able to say I did it my way and that way wasn't even scientifically laid out as a process this is what I'm going to do when I do this if I have a losing trade then I'm going to react this way I'm not going to trade I'm not going to look at the charts I'm G to go back in I'm G same model tomorrow when I find a setup if the setup's there I'm going to execute on it I'm not going to increase my risk I'm not going to trade more contracts and once I get my win for the day I'm done I'm turning my charts off I have to control myself you have to think this way and live it stay in a rule based mindset if you do you're going to have a whole lot less anxiety you'll still feel stress I mean stress is normal stress is a proof that you're living your your heart speeds up a little bit guess what that's good you're excited that's not fear you're excited because you're following your model and you're doing everything right see what I just did there when I was 20 oh I wish this thing will start moving faster it hasn't I haven't overcome the commission cost yet my commission cost back then was $100 for one contract think about that now you guys are complaining and saying oh man commission cost suck I was paying $100 that's what everything cost back then it wasn't until Lyn waldock and uh other uh Brokers that came out and they had discount brokage fir uh fees $35 round turn but even that $35 per contract is still exorbitant compared to today so you're paying when you're doing a 25 lot trade you're paying a lot of money and you're not guaranteed to even overcome the spread and the commission you want to talk about stress that's stressful but if you have a process that you're following and you you've already identified what you are going to think in certain conditions when the market does what you thought it was going to be how do you feel do you feel like you want to go on social media and parade it around you have insecurity issues you need to be validated well you're going to do a whole lot of things in your trading to seek that versus following a model that makes money and controlling risk you'll be more likely to take big impulsive trades overleveraged just to impress because if soon as you start that problem that mistake of taking your wins and your results that made money and you show it on the social media you throw it out there in The Ether and you're waiting for the confirmation from the sky above you are the chosen one you are the one we've all been waiting for we're all going to follow in a single F line behind you and Bow Down and Worship kiss your ass that's that's what you really want and when they don't do it enough for you you're G to have to think well I got to over leverage because the last time I made a $500 win nobody really gave two shits about so I have to now do something to make over $1,000 so what are you going to do what needs to change your leverage in your eyes that's what you think needs to change but I'm telling you that doesn't need to happen because if you make the same trade tomorrow using your model and all you make is $475 you made $475 that's a win you close the charts and you you got more experience and you've managed yourself you've controlled that impulsive nature that intrusive thought about I want to do more so I can impress other people that you don't really care about you just want them to tell you you're better than you really are you want some person to lie to you with a limited perspective of what you've given them they only can see what you've just shown them but you've not been fully transparent and said that you were terrified while you're taking that trade you see you see where this is a problem and then take a step back and think about everybody you talk to on social media how this is actually happening behind the scenes and you probably never thought about it and how you're doing it too and now they're all thinking the same thing about you and you wonder why I'm laughing at all of you because I did that same stuff and you think that this is what you're supposed to do and it's not women aren doing that women are not doing that but all of you men are all of you are it's a measuring competition I'm not impressed by showing me one trade or one broker statement where you did something where you made a little bit of money I'm more impressed when I see someone that's making it available to other people when they live stream they let it all hang out come H high water it's a good day or it's a bad day they're just out there doing it that doesn't mean I agree with their Trad trading method there isn't anybody out there that's trading on the live stream that I agree with any of their methodology but I'm impressed with their ability to put themselves out there in that Fishbowl for other people to watch and it's a wonderful opportunity to study human psychology both In Their audience and how they think about price and how they worship or troll the results of these people but also when they show their face look at their face read their face are they able to stare at the chart how often are they looking away from the charts that's them hiding it's called point of indication in Magic I mentioned this in priday the uh I know I'm going on and on on but I promise I'll say this and I'm stopping in Magic when you do a trick as a performer magicians that are not refined they will close their eyes at the moment a slight of hand is being done because what they're doing is they're closing their eyes because they don't want to see themselves Flash in Magic it's called like if you have a coin or a card in your hand you're trying to make it appear to The Spectator it's Vanishing you're actually hiding it and copying it in a certain handheld but because they know that they're not really uh good enough to be doing what they're doing they will close their eyes at the very moment of slight of hands being done so when I studied under Jeff McBride he's one of the best today carard manipulators and he taught on this principle and it was it made very very good sense to me as as someone that was an educator I was like you know what that's not just happening in Magic it happens in everything and it's a tell so if you aren't careful you're going to ignore these point of indications in your character and you'll put Band-Aids on them you'll close your eyes to the things you're doing wrong never sharing it with the public but the public that can see you doing them like for instance when a live streamer is in a trade they didn't say they bought it or sold it yet but all of a sudden they were talking real talkative they get real quiet and they're not looking at the charts a lot they'll look down they'll bite their fingernail they'll look at the car behind themselves think they probably pay too much money for it how many people care about that car anymore or they'll look at another chart or they'll start nodding their head to a song they're listening to or or even worse listen because some of them are basically eating their microphone their breath will become erratic okay it's getting real Annoying here they're indicating to you that's point of indication that's them not comfortable in the trade not trusting the logic they're just hoping it's going to pan out for them you need to do and I'm not don't take I'm not trolling anybody by doing this I'm telling you that's why I appreciate and I have a great deal of respect for everyone that live streams especially the ones that show their face because they're literally laying themselves out there to be analyzed seriously analyzed with psychology and humanistic characteristics that are going to manifest themselves in what they're doing you need to do the same thing while you're learning how to read price action because you don't understand the the magnitude and the depth and the impact that these things that you're trying to mask and hide in yourself if you don't recognize what those things are those being what makes you feel overconfident what triggers that what made you feel so overconfident that you're now going to trade maximum leverage what was it I guarantee you it's something you're trying to get as a result that is external to Trading and the external to the market you're trying to trade you're trying to cope and compensate for something someone made you mad someone hurt your feelings you're in a relationship that maybe you're arguing with them and you feel like you know what I gotta be I gotta make myself a lot of money today because that way I know I don't have to be codependent with them that sometimes ladies you're not on the straight and narrow entirely the thing I see in the women Traders is that they will quietly over leverage their account account when they're in relationships that they're in codependency with that means the man makes the money and their home and their Housewives they take care of the children or they homeschool the children the characteristics and traits and trends that I've seen in my students are the ones that the females are like that if they're in an abusive relationship they will over leverage sometimes and they use this for the once and I'm thankful and I'm never saying your name so please if you know who that I'm I'm talking about you you're not the the only one there I've I've a dozen of the women in my my community that have been honest with me and told me these things and I hope you can and appreciate me sharing this in a context that it doesn't it doesn't out them but I want you to understand that women will over leverage when they're in those conditions and why it's not for greed's sake they're not trying to take it to social media they're doing the opposite they're hiding it from their spouse because they don't want them to know that they're building up enough money to leave that toxic relationship because they don't have the resources to do it right now so they're quietly doing it and then when they get abused physically or verbally they end up taking larger trades because they want to reassure themselves that I am in a position that I can replace him he's toxic he's not good for my children he's not good for me we can't resolve this but I can't leave I can't escape this right now I have no family members no friends I can lean on so I'm by myself so I'm going to do something that I know I shouldn't do but I'm at my wit's end so I'm going to over leverage you need to recognize that because that is not an invitation for a faster exit that's you doing something incorrectly and that's not making you a good Trader if you get rewarded with a big win you're going to feel more inclined to do it again the next time he hits you the next time he talks down you the next time he abuses the kids the next time you feel like you should be out of that relationship and you can't stand it anymore you just want to jump out your own skin those are those triggering moments those are the triggering moments and you have to recognize that in yourself so that way when you start feeling that impulsive nature start rising up in you and you're trading with real money turn the charts off go do something else go exercise go run go read a book go hang out with friends go hey you got time to meet me for lunch take yourself away from the marketplace I'm telling you this is the real reality of how you're going to have to deal with this stuff it's not just going in every day finding a setup and making money that's not how this is at all there's so many things that you're going to have to wrestle with and you don't even realize what they are and 99% of them are in your head or in your personal life there is there're either physical things that you're coping with in a relationship or a lack of a relationship and you're lonely and you have somebody you're interested in man you want to get her attention you want to drive up in a nice car and you're thinking all I got to do is split my account this many times have 20 accounts linked together and I can get $100,000 in the next couple months if I just do this build my account up and then I can go and get a a Lamborghini leas I only got to pay $3,700 a month I can make that it's easy and you're going to do stupid stuff to try to win the attention of some person you don't even know you don't know what they're going to do when they find out that you drve that Lamborghini you're doing all the wrong things and I did all the wrong things as a 20-year-old and I'm telling you as a 50-year-old I can tell you that I wish I could go back in time and talk to myself I did a I did a series in this YouTube channel literally if I could go back and tell myself these things and everything I'm talking about in there look at every influencer today it flies in the face of everything they do because it's all about engagements getting you worked up into a frenzy about trading pushing buttons and making money and nobody's talking about the realities of what you're going to feel while trying to learn how to do that and what happens when you get into a winning trade none of you have any coping skills for that you think you've ever felt excited and and and like short of breath because you're losing money when you have a really big fast running winner it's worse it's worse than losing money your very first winning trade that's large and did you didn't have a limit order to get out at and it's just running for you it's it's impossible for me to outline and explain what it feels like it is a terrible feeling because you don't know what to do if you get out what have it kept running what if I stay in it goes and reverses as fast as it ran in my favor and it becomes hugely lost you have no idea what you're going to feel which is why I teach you have partials have limit orders because It prepares you for that inevitable moment when you have your first runner that you didn't have a limit order on it keeps you from ever having that fearful moment everything I teach is Sound Logic it's rooted on real World Experience how I hurt myself how I built myself back from it how I learned from mistakes that you don't need to make for yourself you don't need to do these things Caleb you don't need to go through all these painful lessons you don't need that you can do it far faster than I did you can be so much better than me because I have scar tissue that every single time I get into a trade I have dozens of other instances where I remember I remember taking a trade in Iron not iron copper and I was like like I ought to get in here and uh do something different because I felt like this the last time and I got to tell myself what does the model say I'm supposed to be trading price action I'm supposed to be trading the model not I remember the last time I hurt myself 25 years ago I've done it a lot when I was younger and those scar it's like a bad relationship you punish the people that you're in relationship with now for the things that they did to you but they didn't do anything to you but you're punishing that person you're punishing them for the things in the scar tissue that you've carried into a previous relationship that's the same thing that trading is going to do you don't even see it you don't think about you don't even think about those things because these 20-year-old chairmans of multilab marketing don't know how to trade can't make any money they're out there trying to tell you how to be an Enterprise by doing Market level marketing not trading getting people to be a sucker to buy in behind you I don't do those things I'm telling you in a manner that it's not sugarcoated at all and it's uncomfortable these lectures are not comfortable they don't make you feel good but they make you take personal inventory and a lot of people are going to sign I don't know I don't even want to look at it I'll look at it when I'm done I'll look at the analytics and see what the uh the watch numbers are on it but I I told you last week I expect them to be low it then doesn't change the fact that I'm I'm telling my son these things this week he needs to know these things so that way it calibrates his mindset and says you know what I don't need to impress that by doing this this this I am going to follow a model and by default dad will be pleased that I'm only doing what is is expected of me I'm not trying to present more evidence that I have learned more than I should have right now because Dad's not expecting me to have that and it's liberating contrast that with go go go get out there and start trading start with a real account couple hundred bucks you'll learn how to trade when you do that that's an idiot's mentality I promise you that's the same person that's take they're afraid to take trades every single trade they take they're fearful of it they're fearful of taking a tra like that and they can lie all they want come out here and let's see it they won't do it oh you're a demo they'll just cop out doing it that way but I'm telling you the real stuff this is the real things that matter most because this is the stuff that's going to allow you to be successful or it's going to make you tap out you're going to do something that causes you to blow out and you won't want to do whatever it takes you to refund an account or take a week or two off and then go back in do another funded account challenge if that's what you want to do I'm not saying that's what you should do but you have to give yourself flexibility and time and how much time is it going to take for you I don't know how much baggage you have how much baggage have you brought into this how much are you hiding to your friends and your family they may never know the depth of the anxiety and depression you're wrestling with because you got real good at hiding it but you won't be able to hide it in trading I promise you it is like a scrying mirror okay a scrying mirror is a bowl that's painted black and people used to stare into it and medit and sometimes they would see Visions about what it is they feel they should be doing or whatever but it is a scrying mirror it will show you the ugliest parts of you and you will not be able to mask it you will not be able to hide it it will manifest itself in stunning fashion you're impulsive greedy well guess what you're going to blow your account in stunning fashion in such amazing speed it's going to happen so fast your head's going to spin and you're going to act like you're surprised wow wow how did this happen so quick and I'm telling you why I'm telling you why the things that you hold inside that are repeating toxic things that make you less of a success than you would be if you overcome them but you can't overcome them until you recognize them right and everybody wants to stay comfortably hiding they don't want the friends and family they don't want the social media people to know that hey um maybe I'm not entirely perfect when we walk around pretending that we are social media is a a wonderful opportunity for everybody to pretend there's nothing wrong with them they do everything right I don't hide that that's why I'm very polarizing people say wow you're you're bipolar you know you start ranting and cussing you I'm a Christian you say you're a Christian and you talk in that language let me tell you something let me spend one week with you and I'll show you how you're a Christian too right you're never walking on water okay everybody makes mistakes and I repent for everything I do I don't claim to be perfect but I'm not going to get out here and pretend that I don't have these real experiences that I had to go through and the coping mechanisms that I had to go through to to fix them but I had to identify that I had them and I hid them for a long time because I built myself up in front of my family in front of my friends and they all said that this was never going to manifest itself and be successful I would never know how to be able to beat the markets they said it's never going to happen nobody can beat the market nobody can nobody knows how to time the market that was constantly said on CNBC and fnn back then before it was CNBC nobody can time the market and they still try to say nobody can time the market well you know better than that now but you can't time the market until you learn how to do it and you won't learn how to do it properly until you remove these big barriers they're like rocks in your shoe and you might think that oh it's not a big deal you know I'm going to keep doing this but if you try to run before you get that rock out you're not going to run as long and without pain and you won't fatigue as soon as you would if you had a rock in your shoe think about it if you had a if you had a rock in your shoe and you're expected to run 10 miles or even walk it as a younger man I used to be frustr I would get a rock in my shoe and I like I ain't stopping untying my shoe taking my shoe off to get this rock out and then have to put the shoe back on I had to tie the whole time that's aggravating that's a man I'm not gonna pull over and ask for directions I'm gonna figure it out and waste the gas tank that's what men do what does the woman want to do well let's pull over and ask this person no I ain't doing that what are you doing they're gonna think I'm stupid if I ask for directions she's not thinking that they're going to think she's stupid she's thinking I need to get somewhere I have a process I'm getting somewhere with the with the most efficient Direction and pathway there it is I don't want to be in this car with you that's what she's thinking but the husband's like I don't want to look stupid to that other man and that's what trading is you don't want to make mistakes because you think everybody's sitting in your trading room with you seeing everything you're doing while you're in every fluctuation of that trade and you're making your trade harder because you think that way think about it it's funny but but it's also uncomfortable isn't it you might you were laughing at first and you start thinking he just nailed me he literally just nailed me through the wall that's me he's talking about me right now I'm talking about me you just you you just resonate with it because you're like I'm doing that same stuff I did all that stuff too I did all that stuff too but there's a way to get past all that but you got to make changes and you have to identify what they are and you have to take advantage of this time in your development this stage in your development this is the most critical time this is the foundation everything is going to be built upon if you rush it you will only go so far you might be able to make some money but you're not retiring you're not living on your trading I guarantee you that that's not going to happen nobody lives on their trading and makes a huge Enterprise out of their success in trading when they have not overcome these demons you need to recognize what they are some of you are going to have all of the Box Che anxious fearful impatient um just everything greed you'll have every box checked but there's a coping mechanism I'm going to teach you this week that overcomes all of them and I'm not talking about going into the Bible but that's that's the best one really but that's all I'm going to say on that I had I had to slide that in there okay but there are physical things that you can do anxiety attacks I'm going to teach you how to overcome an anxiety attack how to prevent one one I'm going to teach you how to fix heart palpitations when you start having you know rapid heartbeats when you're when you're trading I'm going to show you how to fix all that stuff but when you start feeling those physical symptoms if you're any bit of a hypochondria act it'll scare you and it revs up into full panic and full Panic you're not in control of yourself so you never want to be in full panic when you're in a trade because you won't know when to pull to plug you won't know when to get out of the trade you won't see it you everything is moving so fast your your your brain's processing F so fast because you're in fight or flight and you will have a cloud in mind because everything is standing still you're not doing anything but your brain saying we're going a 100 miles an hour and we have something to do what is it we want me to do I'm ready I have the adrenaline I'm ready we got to run I'm ready if we have to fight I'm ready but you're standing still and if you're standing still you're going to feel the physical effects of adrenaline being in your body which is going to increase your heart rate and you're not doing anything to burn the adrenaline off and then you start feeling cortisol and cortisol is your stress hormone and you will literally start feeling things that are uncomfortable if you've never felt them before tingling in in spots on your face when I would have it it would be in my left eyebrow my left eyebrow would start tingling and they would drift underneath my left eye and go into where my left nostril was and I'm thinking I'm having a stroke I'm stroking out and then I started thinking that thinking I am stroking out let me check my pulse well now you're doing the wrong thing look for other symptoms Michael of course my heart rate's over 150 beats a minute I'm tacking like crazy and what does that do speeds it up even more and then 10 minutes later paramedics are at my house telling me bear down or I'm going to have to give you something to stop you because your heart rate's 220 beats a minute do you want to go through these experiences or do you want to listen to me because given the enough opportunity some of you will go through that or worse if you're not healthy if I was not healthy going through all that stuff I probably would have had a heart attack I probably would have had a real stroke even if you're healthy if you keep putting yourself in that condition you wear your arteries down and that stress hormone cortisol the way your body fights that is it lays down cholesterol in your arteries what is that going to do it's going to further increase the likelihood that you're going to eventually pop so it's important for you to make this boring you do not want it I'm on a boat tea paining in the background you know it ain't about all that okay it's about I am following a boring model and that boring model can make as much as I want it to and I don't have to elevate the excitement or fear let the money management do the heavy lifting but you're just doing the same boring things that are not hidden from you in the chart be forgiving give yourself permission to be infallible no I said that wrong fallible you don't want to be walking around like you're infallible and that's what men try to do they try to walk around like their Man of Steel Superman women they all they always ask me the right questions I've never had a female student ever ask me a question that sound like a man's perspective it's never happened it has never ever happened men always are looking for ways to keep their ego from being bruised women are looking for a way to focus on what matters most for the model to be equipped in their hands appropriately not faster so they don't do it wrong men how can I run my account up and how can I uh pyramid that's a man's question how can I go out and win the Super Bowl I've never worn pads before and I've never had a football in my hand good luck with that good luck with that it's funny when you really sit back as I've had a very unique perspective as an educator having so many people come through the fold it's astonishing to see the same things repeating based on the female perspective in the male perspective and I have lesbian students I have gay students and it's still the same thing men that or living gay lives they don't think like women they still have the same thought process as of the man it's they want to do more the women even though they may live a gay lifestyle they're still thinking like a woman and to me that's astonishing as well because you can't escape who you are and that's the problem with trading if you come in with toxic thinking if you come in with flawed logic or high expectations that are unrealistic for you to meet no wonder you're going to want to quit so soon you've made it harder for yourself you don't need any extra help it's going to be a very daunting task because you have to overcome yourself first and everybody that's in a 90% bracket that quits and loses money and never does it anymore it's because they lost to themselves look at how many times they traded you don't that doesn't fit me ICT I've been doing this for 12 years I've never been profitable you don't know me man how many times have you really traded you probably took three or four trades and blew the account that's not enough experience you just did things impulsively and you wrecked yourself and you had to wait and talk yourself into getting more money or whatever sell some stuff in the garage now with funded accounts now all you got to do is you know wait a little while and the wife won't know about it and then pay for it get yourself a prepaid credit card off the bank or whatever in aisle food line and I'll just pay with that she won't know that's a problem that is a problem so you know enough that you know that you're not going to follow rules and you're going to hide it from her if you're married if you're in a serious relationship you need to explain to them that you're pursuing this and you're not expecting to make any money soon but this has now become a a major Focus for you like like a college Pursuit that way you're not feeding them in the beginning like oh we're goingon to be able to quit our jobs and bl don't don't tell your spouse that don't tell your spouse that because you now elevated it to a level of expectation that they're going to hold you to and why wouldn't they you took it upon yourself to tell them that stuff they love you and they trust you so why would you think that they're not going to expect that you're going to live up to that and when you you don't in your eyes you're going to you're going to manifest all the stress indicators you're going to be grumpy you're not going to be paying attention when the conversation taking place and when you start seeing these things in your personal life you need to take inventory of that recognize them don't try to hide from it because all of that's going to do what it's going to manifest itself in these candle sticks just like a scrying mirror you're going to see things that's going to show you your your ugly side and what are you going to do you're going to feel uncomfortable and as a man you're going to do what you're going to plow ahead you're going to draw your sword throw your shield down you're going to draw your sword and run head on to meet that thing and you're ill equipped and it's going to take your head off the women in that same circumstance they're going to sit still and do nothing and they'll be paralyzed and they won't take a trade that's the dynamic with man and female that's how they think as a traiter that's how they engage price in this stage that's what they do I have the data to support that I have a million plus students and I've had several decades of teaching and I have said to the same talking points I'm giving you here I've had more people say I can't do that I don't want to I don't want to think about the things I'm doing wrong so I just try to power through it as a man or a woman will say I'm just not going to take the initiative to make that change so they either sit still and do nothing or the man does too much and that's the repeating phenomenon that comes for the people that are spinning their wheels that never find their way in this stuff I promise you it's not just because it's my content they would have those same things in any other uh discipline of trading it's because it's it's it's in them that's the that's the problem when I was losing money and blowing accounts as a 20-year-old none of it had anything to do with the trading because the moves I was blowing my account on they weren't even that big of a move there was just small little retracements that I was overleveraged on and I would try to make big positions with very very very small stop losses and those cuts would justly vom vom vom and then the account's gone and I was right that the market was going to go up to those levels I was any for but I was not allowing myself to trade with just one contract and use a reasonable stop loss and just let it happen I was trying to maximize as much as I could because I wanted to leave working I wanted to be able to turn to my family and friends and say you were wrong about me so what was I trading for everything outside of being successful I was trading to impress people that really looking back now they had no impact on me whether whether I did it or didn't they didn't have any power over me but I was giving them Power by what I was doing and you don't see it that way when you're going through it and all these other things it may not be that for you it may be something else there's so many things I don't want to list everything because I already longer than I was supposed to again but this is such a rich topic that I was going to write a a fourth book and let it be about these types of things but I I just don't feel comfortable writing it I think sharing my stories letting you hear me hear me tell you what I went through it means more and it's also therap therapeutic for me because it allows me to detox myself because there are sometimes when I think about how I could have done things better for myself if I would have done things to fix my personal issues address certain things in insec ities when I had my first wife you know I was telling her when we were together I said I'm going to be rich I'm going to be a Traer and I'm going to live a different lifestyle and your parents just don't understand and she nodded and gave me a kiss and yeah you know we'll see but that's not saying I believe you that was like dismissing it and I still feel that today and I've not been with that woman for decades we're talking about when I was 19 years old I would feel pain that's rooted not not that one because I didn't start trading till 20 but I have things that I can go back to and you have it too and you have to journal that you have to put that in your journal and say these are my scars this is what makes me feel insecure and when my wife left me for a 40-year old man that was embarrassing for me and it scarred me and it made me take crazy risks because he drove my dream car a Corvette and bought it with a with a winning lottery ticket that she paid for and he spent it and bought a vet and I had to wrestle with do I really like vets anymore because he did that I love vets him he he can do whatever he wants to do but I own two of them now and when I drive them I don't think about them I think about my car this is my dream car everybody else can have their dream card when I was a little boy the Corvette was my dream card and I could afford anything else out there but I like that car it's it's always been my thing you have something that is deeply rooted inside you that causes you pain mine was embarrassment and shame that my first wife who I never wanted to be with anybody else with and she was the one I lost my virginity to I could tell you the date okay I can tell you the time that it happened ask any other man they probably can't tell you that but that's what it meant for me it was it was important for me and I didn't want to be with anybody else so when she left me I was scarred cut deeply and the whole neighborhood knew about it they knew about before I did so I was ashamed I was embarrassed and but it was something I didn't I didn't cause it but she didn't live with me in a marriage that she thought that we were going to bloom into anything Looking Back Now I think she made the wrong decision but it's okay I wasn't meant to be with her but I still carry all of that scar tissue but that same Scar Tissue doesn't make me get into a trade when it was doing it back then when I was 20 year old I was racing to make money to impress her to win her back and I wasn't supposed to be with her I'm supposed to be with my wife I'm with now with the children and the family I have now but I have that same scar tissue that does have no influence on me now but when you go through your personal life and you write down the things that make you feel Invincible are you lying to yourself are they really things that make you feel strong or are you masking something compensating for something else because that's the thing that's going to hurt you the thing that you're guarding and hiding from yourself and everyone else that is the very thing that's going to motivate you when you are weak and you're going to get weak you're going to feel impatient you're going to feel like you're missing out on something you're going to just need to feel like you matter or that you're successful or you can do this and at that moment you're going to tap into I'm going to do this because I have to prove to myself that that can't hurt me and you're going to take larger risk you're going to trade more frequently and you're going to trade when there isn't a setup there because you want to replace that feeling of what do you feel all the the time but you pretend it's not there it Wells up inside you you're shamed you're embarrassed someone hurt you someone physically hurt you someone took something from you you couldn't arrive at a a level in your relationship and you lost them or you left somebody and then you know that you left them by mistake and now they're with somebody else and you can't win them back how heartbreaking is that and I have students that say that they would do anything to impress them to get them away from the person they're with now that's not likely to happen but they carry that stuff in them and then they go into the trades and they say I need to feel better because I can't escape that you got to let let go of it a lot of the stuff that you're holding on to you're going to have to put it down you're choosing to hold on to it you're choosing to protect it and nurture it because it's become your your new normal and how would you feel if you weren't feeling like this every day it's scary it's uncertain to you so it's easier for you to hold on to this and you live with the depression and you live with the anxiety and you live with the guilt and you live with the anger and fear and all of that's going to manifest itself in these little candlesticks they're going to be perfect little excuses for you to vent into and when they don't do what you want want them to do it's worse it will cut you deeper it'll make you fear taking anything further steps forward you'll say I this doesn't work and but you're lying to yourself you're not even using it right it's just like the next bottle of booze that an alcoholic reaches for I usually drink Johnny Walker I get drunk every Friday night I can't stand it but they didn't have any Johnny Walker so I just started drinking uh whatever I don't know what I know Johnny Walker I don't know what that is I know it's an alcohol but I don't know enough to know what another alcohol drink is it's a little it's a little embarrassing even though I shouldn't be embarrassed by it but the king of analogies just fell flat on his face today I just don't have another Al like Budweiser that doesn't probably mean it's probably not the same thing because I think Johnny Walker's a liquor in it but U maybe vodka I know there's another thing but uh you're going to pick your Vice okay and and you're going to do whatever you can to do it because you're trying to escape pain and you're self-medicating and a lot of us self-medicate by tamping down pain that means swallowing it and pushing it down deeper but you can't keep doing that when you're a Trader because it's going to materialize and manifest itself in your trades and then because you're having to deal with it again and it's taking from you hope about success it's taking money from you that you can't really afford to lose and now you've made this little tiny Gremlin this Little Rock in your shoe a mountain in front of you with a troll that Standing On Top saying you're never going to get up this High you've given it a power that it's never had before it's got more influence and power to keep you from being happy successful and well better you've given a power over you and you're going to feel that and you're going to personify the trade when it's just doing what it's going to do regardless of whether you're in a trade or not but now you've person personalized it and personified it and now you're wrestling with this thing and you can't talk about it with anybody because how embarrassing would that be so in the privacy of your own journal not with someone on the social media not an email to me some of you probably already sitting down writing emails this this right here you just nailed me and I I'm so thankful don't don't worry about doing that don't don't just find out what it is for you what are these little things that you're hiding in yourself that are scary they're hurtful they hold a lot of animosity and they are always things that you would never want anybody to know about that's what I'm talking about the things that you are ashamed of the things that you are fearful that other people might find out about you you're a man I wouldn't want anybody to think that I have uh regrets about how I handle myself as a young man but I've I've openly shared that in my YouTube channel I don't hide it I had relationships with married women and I am not proud of that I mean nobody's nobody's perfect I'm not making excuses for it but these are things that I have to live with I have to live with these decisions and when I was younger they they were barriers for me they caused me to do things impulsively because I didn't like my own skin I wasn't comfortable in my own skin I didn't reconcile the problems I created for myself I just put a Band-Aid and hide them just pushed it down tamped them down deep long as I don't talk about it bring it up nobody knows about it and it's just in my head and I'll wrestle with them as I wrestle with them not realizing that that stuff would manifest in my personal relationships with my friends when I had to have a job it would manifest in my performance at work I was unmanageable I would basically cuss everybody out and until look you screw you and I had lots of jobs I knew I would eventually get fired if I stayed there so I would quit cuz I could want to have them have that victory that they took me out of my job so I would cuss them out through threaten them I'll beat your ass and there it is and I would you know lose interest in being here because I knew now I've done showed my ass so I have to leave but that was a result of me not addressing the Deep rooted things in my body and my mind that I had to reconcile with and everybody has it everybody has a skeleton in their closet everybody has things like this some of them are more significant than others but doesn't diminish even the ones the least of significance that anybody else might would look at and think that's not that big of a deal but to them that went through it and had to live with and carry it around it's huge and they they think that no one would understand enough so therefore I would never want to see a counselor I would never want to talk about it I would never try to rectify it I just have to bear it and carry it and keep it with me all the time but never make it uh known to anyone but you let it it sneaks out all the time and your moments of weakness it usually comes out in bursts of anger small little things magnified into some Monumental explosion and something that would have never never been an argument or a fight or an altercation is now been thrown gas on top of it because it's really this thing you're guarding and protecting or afraid now it's been manifesting and you're not wrestling the person you're argu arguing with your spouse your family your child your boss your co-workers you're wrestling with the guilt that you did not fix this sooner and you have to wrestle it back down deep so no one can see it and that's what's happening in your trades that's what's going to keep happening in your trades and it will not stop until you fix the root cause that means you have to identify what they are and most people don't want to I guarantee you the the viewership of this video has gone down precipitously because it ain't timing the market I'm not telling you where the Market's going I'm telling you you will not be able to find the right direction let alone take a trade if you're wrestling with these things some of my best students are individuals that were in prison or had substance abuse problems and they fixed it before they tried to become a Trader I've had students that are substance abusers that are trying to get clean and they're struggling because they have not fixed themselves yet you won't be successful with this until you fix that part of you I don't want to say anything more than that because I don't want to be negative but that's the reality individuals that have gone through in incarceration and they paid for their crimes they know that this world's different now like my father he's getting ready to come out here he's not going to recognize any of this stuff and if he was younger what skill could he bring forward to to to be a gainful employee nothing the last thing he did productive was shoot at Vietnamese in the Vietnam war that that's that's in his mind that's that that's it so he has no work skills he has nothing he's not used to the way the world is right now and he's admitted to my mom that he's he's scared now imagine that 40 years here's a contract murderer Mr Billy badass he's admitted to my mother he's terrified coming out so what is he going to have when he stepped out into the world this same thing and if he's not careful he will let that thing manifest itself and he could very easily make a mistake and violate and have to go right back in again how's it any different we're talking about the same thing I'm teaching you how to live how to live it's not about just making money you have to wrestle this stuff keep it in subjection and then only then you have all of the advantages of doing everything that's in front of you but if you think you're just going to walk out here and carry all that stuff and you're not going to have any adversities and it's going to be easy for you or if you're wondering why it's so hard it's the internal stuff that you're wrestling with and it's always that this stuff isn't complicated the people that say oh this is too this is too hard trading's too too hard you're just giving up because you don't want to you don't want to put down those demons you're nurturing them these things that you're hiding in yourself that are problems that you know if I was if I was a counselor and you felt comfortable talking to me these are the things that you're wrestling with and you would say these this is what I'm going through it's those things that are going to be the problems that cause you to think that this is too hard it's too hard for you to keep wrestling when them demons are given opportunity to manifest themselves see when you are just tamping them down and drinking and doing the things that you do smoking reefer dumbing yourself down calming yourself down medicating yourself you're hiding from those things and weed heads generally don't do very well in trading either and but they will be the same ones that will Champion their wins and go online yeah yeah yeah look at this show me everything you're blocked and that's just that's the reality of all this stuff and you can make this easier for yourself or you can make it harder and it doesn't make sense for you to make it harder there's so many things I want to talk about still but I have plenty of time the rest of the week I've had uh a lot to say today I I believe wholeheartedly the things I've talked about I think if you take a moment to think about what that means for you really dial in on the things that you know what you try to hide that are terrible things that you don't like about yourself and I'm not talking about your weight or how you look in the mirror that's not what I'm talking about okay I'm talking about the things that cause you to behave and think the way you think something scarred you something made you angry or something scared you so bad that you have not reconciled that or it's a physical dependency on alcohol or drugs that's it that's it because if you had the mental faculties it doesn't matter if you're in a wheelchair you could be an amazing traiter better than me you being in a wheelchair or handicap has absolutely no bearing on how you can trade because it's your mind you could literally be a quadr you can tell the person next to you all right press the buy button put the stop loss so here and there it is who's doing the trade you are you don't need your body to do it you need your mind because trading is one in the battlefield of your mind your trade's a winning trade before it's realized in that chart and your takeprofit is hit before that happens it's already a winning trade in your mind because if you can't see it believe that it's going to deliver like that it's never going to go there so how do you have a clear mind to get to that point you have to get rid of all your baggage you got to get rid of all that toxic stuff toxic thinking all the online drama stuff all are you someone that constantly goes to drama stuff on the internet not just in the trading industry but everywhere are you a Jerry Springer Trader you just can't wait to get in somebody else's business to see what they're doing wrong because chances are you love that because you are hiding so much more in yourself that just hurts somebody feelings right there too drama marketing drama this drama that people flock to that stuff because it's a perfect excuse to hide the very things that they don't like about themselves because they're they're thinking well I hate living with this every day but you know what this is a beautiful distraction that I'm not the only one out there that's a train wreck and I have a chance to laugh at that person like everybody else and I'm guarded I'm protected they don't know the things I'm wrestling with because look what they would do if they knew this about me and that's exactly what you're going to experience in trading that stuff is going to well up it's going to boil up over top and spill over into your trades until you reconcile them you have to fix what they are I have to I have to identify them first right and that's scary it's uncomfortable but nobody needs to know what they are you have power over this stuff you have power over it and you place it in your Journal you identify it I feel insecure because this happened to me okay release it it doesn't Define who you are don't give it any more power acknowledge it say yeah it's it's real for you to feel hurt when things happen to you you're you're a human being with emotions it's normal for you to feel that way but social media has made it feel like we shouldn't have any emotions we shouldn't care about nothing say things to people that they would never hear you say to their face divisiveness you have to just let all that stuff go and if you invite other people into this experiment of you going through the process of learning the trade in the early stages you have made it so much harder you have now increased the level of difficulty to expert level and you're not an expert you're a neoy you're just starting and that's why Caleb will not have comments open on this YouTube channel because what's going to happen is he's going to read them and in a moment of weakness he's going to say yeah this person said this and this this and then I'm G to hear it I'm gonna see it and then I'm GNA have to tell him I'm angry that that this did that and I'm going to go out online and I'm going to say this that and the other thing and they're going to clam up and they're going to do nothing but I'm going to react to that because I'm like whack-a-mole I like smacking trolls around I love that it's a sport for me so to keep him from getting that recreational sport in his own thinking he's not allowed to have the comments he's not allowed to have interactions with any of you because he's learning but I've already told him I said the other day when we were driving around went to the gun range I said once you get to the point where you don't need that to tell you anything you know your model you know what you can do and you're carving out your own money and it's significant amount of money if you want to go out there and act like a fool and and spar with these people online because they're idiots I'm not going to be in your way about it I'm not but I just think it's dumb to do it because as the world's changing people that have a following like myself and other people okay I might say something about someone's discipline and make fun of it okay in reality sometimes I backpedal and I think to myself you know what the state of the world is right now in the way it's so com we're in a combustible State globally all it takes is the right little spark and everybody can easily blow up and that's what social social media has cultivated that's exactly why it was instigated it was started for that very reason and now it's festering on everybody like they can't wait to get online think about how many times you're looking at your phone your face is in the phone like a zombie all the time you have a 4-inch universe that you're spending more time in than you are in the real world looking for everybody else to give you a dopamine hit like your post or you get to like somebody else's post hoping that they like that you liked it again you're doing all the wrong things and you're trying to apply that same logic to trading you want an emotional response you want a dopamine hit you want an immediate Tick Tock experience where you did something in the market you entered the trade so now you want to see a 100 handle run just like that and when it doesn't happen or it's slowly moving you're uncomfortable I'm trying to prevent that kind of stuff with Caleb I don't I don't want him doing the toxic things I've done I'm trying to be the best guide but still be his dad and I have to admit it's very challenging because in the past and I had a little bit of it last Thursday I had a blast but I had to get that out of me but I'm trying very hard to be balanced because he knows what I'm capable of he also has seen me in the real world when I had to do things when people were making threats to me or our family like I I am not afraid of things like that if something's in front of me I'm going to run it over I'm going to be a bulldozer and run it over I don't cower from nothing I don't hide from nothing I'm in your face immediately I want to neutralize whatever is the problem I'm neutralizing it it's not going to hang around it's not going to Fester that let's go you want to go let's go that's not his mentality and I told him I said when you start making money I do not the biggest thing if you want to impress that and you want to live up to my hopes for you I told him I said I want you to have more control over yourself than I have I want you to be able to say nothing that anything in the in the internet has ever bothered you because the way you live your life once you get acclimated to this and you're successful when you get to that point the thoughts and the opinions of others should never be a reason to punish yourself because when you entertain other people's opinion about you or me or whatever it is you're learning how to do when you're making money what does it matter does it really matter what people think when you are living on your own money that you earned using this information why would you punish yourself for other people's opinions because that's what you're doing when you get mad about that stuff that's what why I try to tell everybody you think I'm mad I'm not mad I'm not I'm not a mad person now I'm mad when people say they tried to do this stuff and they haven't really put a real good effort into it that's fake that's false it's it's that's a lie and I'm forcing my son in this test tube where he has absolutely no latitude to be able to say well I couldn't do it because no that we we don't have any room for that you are in the pressure cooker with me and you're in front of the entire world and they're watching this you asked for it and now you got it but you're going to do it the way it needs to be done and you have to make sure that you don't fall victim into finding dopamine sense of accomplishment by having other people tell you wow you are a good Trader you know what tells you you're a good Trader you don't have to go to work that's better than anybody telling you a message they could have all the emojis in the world that ain't the same thing as getting up and saying well I ain't got to go in traffic today and make in one trade what you would earn in gross income over three four six months of your job that's how you feel success as a Trader not I need somebody outside of myself to tell me I'm a good Trader oh you're ICT junr oh you're going to be the next best thing in you know don't don't think that way son don't even have expectations to have that I am impressed I am pleased and I am proud of you son if you just do what's laid in front of you and you find contentment in that that you don't have to do more than that the world is your oyster you'll be able to do whatever you want to do once you figure out yourself but just do what I'm laying down in front of you if you just do that you have you've done far more than I ever hoped for and you don't never have to impress me you have already done everything I've expected of you because then if I have to lay my head down for the last time and I don't have any more time here I can rest my head knowing that I have left this with you and your brothers and your sister and your mother they're okay it doesn't matter what happens you can do it that's how I think about this I don't want you being another ICT ict's run its course I've already said that I'm putting it down the end of this year I'm doing that my own way I don't want people hanging on me I don't want people thinking I'm a celebrity and honestly I see all of the mentions that happen like if I go on the YouTube channel it'll say comments which I see all of them the ignorant ones I just ban a person I don't ever see them again you don't realize that you're banned but you are your comment when you look at the video you'll see your comment still there I never see it anything past that I'll never see it again I don't have time for you you're insignificant to me you're not even an ant you're not even an Nat but there's also this little thing mentions so there's comments and there's mentions and once a week I'll go through it and I'll hit it and I'll scroll through I want to comment on everybody but when I do leave comments on individual channels generally they treat me like a celebrity and I don't like that otherwise if I wasn't treated that way I would be just like one of the guys and I would comment like everybody else does but you know what I'm talking about if I've left a comment like immediately it gets pinned and then there's 1,500 people comes behind there oh it's ICT it's Michael he left a comment like I'm some Elvis or something like I'm literally nobody I'm nobody and it makes me uncomfortable and I don't want you aspiring to do that Caleb I don't want you to have that aspiration to be that's your goal your goal should be I don't need to work for money and money is a tool I don't have to wrestle with employers I don't have to go and go through the rat race and have them Ste steal any more time you're in your 20s you're young you literally could carve this out and by the time you're 30 be ridiculously Rich freaking ridiculously Rich okay and you can do whatever you want to do if you want to get on here and trade live in front of other people go ahead I would well I would I would love that I would love that Viagra all day long that would absolutely I would love it do I want you to do it I'm not asking you to do that so don't think that you have to live up to that but if you choose to do that man that would be amazing that would be awesome but that's not what I hope for you I hope for you to not have to work for your money that's what I want I want you to feel comfortable knowing that you can pay your way through this world and not have to to ask somebody if you can have a day off or a vacation and they ain't paying you too little for your time you do that you have met every expectation I have for you my goal is for you to not have to work and that you live on your own steam your own efforts and you don't get Reckless with it you don't try to be a high roller don't try to be a show off don't brag don't talk down to people like I did when I was 20 years old I was new money and that was me coping with the uncomfortable state of I wanted to flex on everybody because if they knew all the things I was wrestling with and the embarrassment and shame I had because my wife left me for a 40-year old man that was embarrassing that was shameful to me so I hit it by being a jerk to other people and the people that I loved and that were friends of mine I lavish them with money and gifts because I didn't want them to walk away from me I wanted them to make me feel wanted and liked and appreciated but I had to pay for it to feel it is that genuine no so I I don't want you to fall in the track because as soon as you start making big money and people that know you see it you need to be aware of who your real friends are because your real friends won't change they won't ask you for anything and they won't increase the intensity about wanting to be around you the ones that do that that's the ones that's going to stab you in the back that's the ones that are going to try to take you uh for a ride or take advantage of you and I'll reserve the rest of the stuff tomorrow when we talking over price I've said enough we've been here for a while and I'm probably have to delete a lot of the members comments that were complaining out today that's okay but this is the stuff that you're going to wrestle with as a Trader okay and the sooner you identify what they are and you Journal them and we work through coping skills this week on how to overcome all them if you're a viewer you're ease dropping in this lecture I'm holding with my son I don't and say I don't cover the thing you're wrestling with say we get to Friday and then say sometime over the weekend you feel like you have a unique experience and you feel comfortable trusting me that you know in in anonymity in anonymity rather where you don't have to reveal yourself you can create a burner email address and leave a comment to me like saying this is what I wrestle with I won't know your name but I would love the opportunity to have something that I don't cover here and if I have a way of mentioning what I would do to deal with it you know I would love to have that opportunity to do that I would never say who said it I would never you know pretend to be a counselor or a psychologist I'm not claiming to be that I'm not have to fix it but the ones I'm going to cover this week I think are the most Paramount ones and a lot of them are going to be very similar to to the ones I'm going to talk to and speak on but the main thing is is not to be fearful of identifying those problem characteristics and traits within yourself because if you're insecure as a person and mind was insecurity um it will manifest itself in your traits and then you'll beat yourself up protecting that demon of insecurity or hurt or fear or anxiety about something or you're in a problem relationship whatever that is you're going to guard that thing and you're going to beat yourself up oh you're stupid you don't know how to trade you can't learn how to do this or this stuff doesn't work you're going to externalize all of the results instead of saying see this is further evidence that I'm manifesting all this toxic stuff I'm holding on to because I'm making decisions based on periods when I lean on that stuff in a state of normaly you punish yourself every day you don't realize it but you are and just think about how many times you think you think or say toxic things all day the average person says over 300 negative things per day no way no way well I can tell you what I can do about 15 times that I talk too much right but the average person thinks and says over 300 negative things a day it could be self-centered attacking themselves or doubt perfect example I was telling Caleb I know we're supposed to end the video but I got it just jumped on my head I was explaining this to my son I said listen the channel will grow and it'll alleviate some of the pressure you're feeling while you're learning okay it'll probably be around $10,000 a month when we get to Thanksgiving or just after Thanksgiving and he shook his head like no way no way and I'm like are you nuts like I already know as soon as as I start putting videos up there all of the members here that watch on this channel just morbid curiosity is going to take their attention over there and even if they just watch it for a few minutes they're watching it okay so they'll see what it's all about whether they stay or not it's not important but people will watch it because they most of the people want to see how you're evolving in it and then they're going to feel comfortable about their self because they're going to see that you're going through the same things that they're going through because they look at you as my child like my son should not have any adversities because he's ICT son his dad is ICT so therefore it's unreasonable to expect him or any of his offspring to have any hardship in learning how to do this because he's ict's son like that's somehow an advantage we're all human beings we all Wrestle with stuff we all Wrestle with stuff and they're going to have the unique perspective because you said you were willing to do this which I'm astonished by but you said you were willing to do it and you're going to be very candid about what you're feeling what you're fearful of what you're making a big deal out of that may or may not be valid and they're going to take a whole lot of solace in that because they are going to be able to see that wow this is the same I'm thinking I've been thinking the whole time I'm I'm stupid for feeling this way and here's ICT son even doing the same things thinking and worrying about the the same things but they're they'll see this is how I'm going to to coach and teach you how to go through that and then they can apply that same logic to themselves whether or not it works for them I'm not promising that but you're my son so I'm giving you this is the solution I'm supposing that you should use or if it's something I went through this is how I overcame it or this is what you should do to work around it till you get better at it and then your success will counter a lot of the things that you have as a problem the problem is he's a male and I've seen a few times where as a young man and especially as a little boy given enough rope he'll run wild like he'll he'll he'll go wild out of all my kids I'm impressed that he's the one that's wanting to do this I thought for sure it's going to be Cody it's not and I thought Cameron because he's very competitive in sports but it's not and now he's well he made he's the only one that said I want a second chance out of that because they found out that it's not easy and it's easy to say you know what I'm just going to lay it down I got dad you know he's always here whenever I want to he'll he'll he'll gladly want want to teach me and I've been frustrated because I've been wanting them just one of them just go through the ropes find your model and make money and your brothers and your sister will be like oh I want to do that now it's like anything else you give one kid an ice cream or a toy they're all going to they're all going to want to listen I'm I'm a good girl mommy I'm a good girl Daddy what do you want me to do I clean my room they're going to do all the things that you want a kid to do when one child is given a reward so you're going to see what it's like for him you're going to hear it you're going to see the struggles you're going to see all that stuff but I told him I don't want him to uh get cocky I don't want to see arrogance I told him I said if I see you do that I'm done I told him I said how you conduct yourself in the real world when I'm not around you because right now you don't even have a video on there and already there's 20,000 people subscrib to your channel when you start seeing more traffic and there there's more interest around you people will want to befriend you they're going to be like oh they're going to say everything to blow smoke up your ass to make you feel like that you're you you're something you're not don't allow that don't allow it you just stay who you are you're humble Caleb that's it you're not trying to be ICT 2.0 Mr ego kid ego you're not trying to do all that stuff if you never set that Mark that high nobody will expect you to live up to it and guess what that means you're liberated from all that stuff every everybody wants me to go out there and do the impossible things if you never ever do those things they will never hold you in that regard and anything that you share publicly as long as it's a person with common sense they'll they'll say well you know that's that's an interesting experience that you you shared it may or not may not be an invitation for other people to mimic what you're doing and try to copy it and say well that's the that's the path I'm going to go but they'll be morbidly curious to see what it is and the pressure that you're feeling from your job that will reduce a little bit and then that deficit in stress and pressure you feel while you're working will give you more energy and it'll stoke the fires for you to study more which does what it shifts all the concern and pressure away from what everybody's used to doing which is the 9 to-5 Rat Race and then it'll you'll start feeding that secondary hustle which is learning how to trade this is why I tell all of you as my students once you learn your model once you learn it I don't have a problem with you going out there and doing YouTube channels and running up you know a subscriber base where people are watching you use it I I I encourage that number one it this it's further solidifies with more testimonial and Pro that I have profitable students using what I taught it doesn't just work in my hands it works in the students that put the effort into it but you also while you're growing because you're not going to be a millionaire overnight some of you may never become a millionaire you might just make a couple thousand dollars here and there a couple times a year and hey it's better than not having money at all right let's be real not everybody's going to be rich from it I don't claim you're going to be rich from it but you have the potential to make as much as you want but while you're learning how to get better at it and until you can arrive that I don't need to work anymore it would be foolish for you not if you had the disos and personality to to live stream I don't believe I do it may seem like I do but I don't I don't believe I do I I like to talk in pre-recorded sessions because I've already said certain things in this live stream that I would have liked to edit out because I felt like I was being too personal or maybe mentioning things that may upset people that are wrestling with certain things I would have cut that stuff out like substance abuse and stuff like that like I wish I could go back and take that part out that's what I'm I'm thinking in my head as I'm talking to you I would I would have edited that part out and some of you be like you I'm glad you said it but there's a lot of people that were would come forward and say I wish you wouldn't have said that or they'll claim you stop trying to be a psychologist you're a crackpot anyway anyway like you you're always going to have some clown that's going to be argument but I want uh I want Caleb to know that he doesn't have to live up to high lofty expectations and I'm helping him lay down a foundation of what is reasonable what is now in an an area where it's going to be problematic and he has to conduct himself now as a public figure because I've been in public and people have seen me in public and sometimes they get out of their cars they're walking around with their phone and they're filming me and taking pictures of me and my wife and wow ICT you know can you I'm like and it is ridiculous it's absolutely ridiculous I hate it I don't like it I don't want to be like that and I don't want I certainly don't want my son like that and it's uncomfortable you don't know what these people are going to do they may pretend like they're want to take a picture with you just get close enough to hurt you or your family you know and I I don't want those problems so I told Caleb you're not a celebrity you're not trying to be a celebrity and as soon as you start carrying yourself arrogantly I'm done you'll know as much as you know and that'll be it and I that's that's what I want for him and if he lives humbly and he learns to make a good living he can he can do whatever he wants to do online and not be you Celebrity Status the problem is is I've invited listeners to feel like I'm approachable like you feel like you really know me and unfortunately some people have taken a step too far thinking I really like Michael he's a nice person he's going to appreciate me going up and meeting him I don't feel comfortable with that that that makes me scared because I don't know why you're coming up to me what your intent is and it may not be a good intention so that's why I handle these situations the way I do and I may not come across in a manner that seems like that nice guy on the internet that mild mannered Mr Rogers Voice or whatever you hear given enough time in a live setting where I can go off the rails and if I'm with my family and you're coming up to me I'm not Mr Rogers okay I'm literally not Mr Rogers I'm ready to do something to you because I don't know what your intentions are so this is a little reminder for folks that take it upon themselves that go too far I love all of you as my students I do but that's not an invitation to encroach on my personal and private space and my family and I'm reminding Caleb of that because social media has a wonderful element to it but it also has a weird dark side where people think that they can say things make up things lie um do things that are not true for the sake of selling some storyline okay and also because of that people that like you that have an unhealthy level of adoration towards you are willing to do things that are not San just to defend your honor and you've never asked them to do it so you're not a celebrity I'm not a celebrity I'm not a hero I'm the anti- guru I'm doing everything a guru wouldn't do I'm pouring myself out here where I could be making millions of dollars doing it I'm doing it for free and I'm sharing the most intimate private lectures that I would give to my son you all have the ability to sit and listen to it or ignore it you don't have to you don't have to be here but if it wasn't for him saying he wants this I'm like I said I'm pouring myself into it and I'm going to do what I believe he needs to know how to learn how to do this but he has to learn the way I believe it's done best and I don't want anybody else's opinion about it because if you haven't made millions of dollars you don't have a you don't have a soap box to stand on so don't tell me he's my kid my intentions are better than yours and if he fails I have other things I can do without giving him money to make sure he's successful so it's not it's not dependent on him learning how to trade he doesn't have to be a good Trader that makes millions of dollars if he just makes a little bit of money okay just that little bit of money he can do a lot with in the right hands with other people so and that discussion will be covered when we get into later um points of his progress but using a YouTube channel to augment and you know provide an in income in addition while you're learning as a student that's not my son okay if you want to have a crutch while you're learning there's a lot of people that are interested in other other Traders and not it's not just ICT Traders right it's anybody that wants a live stream if you're good at what you're doing you know I I'm a Trader that is set in my ways I don't want to learn anything else but I love watching other people trade like I love it like to me there's nothing else better than that I'm I'm not a sports fan and to watch someone that would you execute use a stop manage their stop loss and take profit and kind of like reveal what they feel while they're in a trade what they think how they're thinking about the Trad is what I'm more interested in I watch that kind of stuff and unfortunately there isn't enough of it and I'm trying to Foster this mind in my own Community where I can't watch everybody obviously but I'm I'm hoping that the things I'm teaching here will inspire some of you to do do more of that and if you make an income or a secondary hustle or you're getting a little bit of AD Revenue while you're doing what you're doing and I'm not saying teach my stuff I've already said none of you should be even teaching because you don't know but if you want to reveal how you use what I taught you're not trying to be a mentor you're saying I'm not trying to teach it I'm just saying this is what I do how I this is how I trade with it there you go there's nothing wrong with that because you're not trying to do something you're not equipped to do but you're doing something that you're used to using the information with that's not teaching you're just demonstrating prowess with it and to me that's a better thing to do because anybody can repeat what I've said and sound smart but when you're actually doing it you got a nod from me like that that's that's the real one the people that are out there teaching they're behind the wall of safety because they can talk about it conceptually but when you're out there just trading and that's your whole thing like I'm just trading there's no shame in that and nobody can say anything bad about it nobody can because you're out there doing it you're making or breaking in front of everybody and if you're making money people are going to come here and watch you and it's easy it's very very easy to get 10 15 $20,000 a month with just a steady live stream of this is what I'm doing and who wouldn't want to do that because the tax treatment that Caleb can use while he's working a job he can't write off his car insurance right now but with a YouTube channel he can so he's got to pay that regardless so why not get a tax write off and low his taxable income because his job income he can't write that stuff off just like you you can't do it either when he buys food he can't write that off his cell phone bill he has to pay it regardless so why not be able to use it as a write off when you have a YouTube channel there's a lot of things that a YouTuber's tax treatment can do that a Trader can't do you don't know that because you're not financially literate okay the fact that he can have this as a a business before he starts making big money and trading he could start taking this money and put it into a Roth ra up to $50,000 a year and he can trade that $50,000 that's in a tax deferred in uh investment vehicle so all the money he's making instead of having to pay taxes every year on it he can compound that bger and inside of five years you can have 10 205 million doar and not even work hard to do it but you don't know that because you're financially illiterate so I get it you know you have your preconceived notion because you're all intellectually smart because you've read other people's opinion about me or anybody else but you have no idea what he's about to step into and I'm reminding him that when I throw these numbers at him he he shakes his head he's like nah ain't going to happen like literally what makes you think that you have no experience to say anything that said that can't be possible but because he's never handled that money he's never had that money in his hands that he's earned it seems impossible to him and that's the very thing that keeps most people from everyone to learn how to do this from me or anyone else because it thinks they think it can't happen he can take vacations that he's going to take anyway so now he can write that stuff off all he has to do is do one YouTube video One YouTube video while he's on vacation quote unquote and it's a complete write off anything he eats is 50% right off so why aren't you all doing it why aren't you doing it more people would love to see other students doing this but it's not for everyone it's absolutely not for everyone and you have to have a thick skin because if you allow the chat window to be open the comment section open you know you're going a lot of trolls and if you wear your heart on your sleeve out there or if you take everything as an attack you it's going to make it hard but you can literally build a channel and progress be shown to other people that you want to make it known I watch it I'll see it but it'll help you meet your ends while you're getting better at it there's no shame in that man there's literally no shame in that and you'll see the people that are willing to do it some people will progress faster than others and you'll understand what I mean by you you have to be comfortable with allowing it to happen at your own pace your own pace and if you try to force it it makes it harder and it takes it makes it longer you think working harder and longer will shorten it it's not you have to budget your time doing it because you burn out quick it's a lot of stuff it's very Technical and if you have a lot of baggage that you wrestle with you already should make allowances for it taking a lot longer because it's going to be hard for you to put down these things that you live with that you wrestle with every day that cause you problems in your personal life you're either an angry person or you're an insecure person someone that clams up real quick and shuts down immediately or you have trust issues you all these things they manifest themselves so I'm coaching Caleb like like that because when he was younger he had to have counseling he had to have that kind of stuff because he has bipolar episodes as well and it's it's hard for a child to wrestle that and a parent can't fill that void because they see the parent as this is my guardian this is my caretaker and it's also my dad and my mom so where do you draw the line with discipline and also how to grow with the proper mind mindset and not feel like everything's abuse or neglect it's it's hard it it's very hard so I'm proud that he's made this decision like I thought when he was like I I ain't worried about it that was the end of it there was going to have to be one of the other kids because I honestly didn't think he would want to do this or had the aptitude and I don't mean that he's my son I can say that but I didn't think he was going to have the aptitude to do it because he's out of all my kids he's he's he's different different he's different and but he was wild as a little boy like he was like 100 m hour all he had to have a short chain on him he literally was all over the place 100 m hour but intellect wise he's capable of doing it but Focus wise that was my concern but now in the last couple years he's he's slowed down and matured I think he's found himself as an adult so I think he's equipped now to do it so I'm anxious to see where he goes with it I'm excited to see it I'm I'm all in like I'm all in and I'm hoping that he has the the endurance to go through it because once he has a little bit of success he will like me obsessively leech onto that and suck it marrow out in life's blood and it'll feed him into his next stage of development success and then that's exactly what it's like you find your footholds and you climb up that mountain one step at a time nobody walks up to the mountain looks at the top says this is going to be easy fast climb you have to plan your route and and make allowances for things not being exactly as you thought so with that I'm probably got about 200 people watching still that um that was enough for today Caleb and I will tou space with you uh this evening once you get home and get settled and we we'll go over the charts until I'll talk to you then be safe