all right so this is going to be an update to the youtube channel because there's a lot of people freaking out thinking i'm missing or gone i'm on vacation folks but uh i took the opportunity to sit down here this morning with you and try to hopefully make a mile marker on the equity on this live account i'm gonna try to hit 50 000 so i'm watching this potentially make a fair value gap i want to see that swing high broken i'll see if we get that here and again this account is really meant to show like averaging like 20 a month uh i get questions all the time like you know what do i think a student that has gone through all the teachings have worked out a model you know what could they recently expect to see and what could be done without really pushing the envelope and this is kind of like my answer to that also to kind of like remind everybody i'm not just finding cherry picked trades in the demo camp i can trade with live funds too all right so we're about to break that swing high if it does that'll be bullish market structure i'm thinking we can trade back to on the daily chart back to like 14 000 but that's a little bit of a stretch so far intraday okay we have the market structure bullish now so there's a fair value gap i'll highlight that i'll go into the chart here i'm watching this candle see how it closes because that will complete our imbalance you can see that right there okay give me another right there that's the low end of the fair value got this thing's always tricky all right so now we have to close that candle so now i can i'm a little off on that because i'm clumsy with the thinker swim change the color here so you can see a little bit better now it's technically the open so it's a little bit of volatility that comes in here i can overshoot that low i don't care if it does if it goes back up into the fair value cap i will buy it okay now when you're entering on like the opening like 9 30 equities opening uh you could take a long entry here but you don't know how far it's going to whip below that low and you could be wrong and painfully wrong so what i'm watching is does it want to go below that short term load it's already created moments ago which would be outside and below the fair value gap and it does not negate the fair value gap because i'm using narrative narrative is i expect people to look at that and say okay it's going to go up and they're already trying to buy right now but their stop loss is going to be below that swing low so cell stops are resting at 13 614 they just took those now now this is a high risk entry long there but i'm watching price now entering that same fair value gap so one more time to see if it wants to poke a little bit lower and i'm again my daily bias is bullish so i'm looking for higher prices so i'm going to go and aim for the 80 level that'll give me a nice figure to run to 50 000 on equity i do believe it's gonna go higher but i'm on vacation so i want to kind of like let me take this long entry and there you go all right so now i'm watching price and i want to see expand up now because it's the opening and i don't know where if we whip below that low i'll give it a chance to go below it just by a little bit and i'll close it at market generally i like to trade with a stop loss but if i'm trading open like this stops can be taken really really easily and then reverse and then never give you a chance to be in it so i'm allowing myself a little bit of flexibility i'm not trying to encourage you to trade without a stop boss believe me i'm right here ready to click and close it if it trades below it i want to see it expand up now i want to see an energetic run above the swing high that was formed just to the left of where we are right now there is a fair value gap at the 680 level and it's above equilibrium so it would be a premium market so that's why i'm going to be targeting the 80 level plus it's around 50 handles so that gives me about a thousand dollars or more all right so now right now at this moment i want to see expand aggressively not dilly dally around i want to see it really try to spread its wings and take off and start moving there's a small little fair bag gap in the last three candles up i don't think it needs to fill that in or even revisit it but if it were to i would expect price to be you know supported by that so it's not going below the 630 level okay now at this moment i could put the stop loss on at my entry and if it takes me out then i'm would basically move to the sidelines and wouldn't take any more trades today because it's fomc and f obviously you can trade in the morning but you got to be done early if you're trading equities it's important to be aware of the economic calendar because we're probably gonna have a lot of volatility later on today i still think i'll push it higher with that so here's my limit order i'm gonna place it there and we'll see if we can get this puppy to reach up there and grab it i mean i feel confident it's gonna go way beyond that but short little scalp very little draw down about three handles will draw down if that from the entry or the cup the candle i entered on and say it that way the low from my entry was only like three handles below i have to have to go watch the video and see what the actual drawdown was from the point of entry i'm not sure if i had any if i did then that's what it was limited to 60 bucks or so not bad if you're trying to make a thousand dollars i had a small little scalp early in the morning all right and now this is where neophyte traders are newbies they get nervous i hit the wrong thing here i always uh think i'm on the other platform so i'll use a tradestation and i use tradingview and it's different settings and different things you can look for all right so there's my fill on the limit order rounding out the day and the month of march i will not be taking any more trades this month so 1 255 on two trades about 15 or so in commissions so take that off of there that will be the net for the day i'll take you over to the monitor tab here after i scrunch this up and show you the the run on the price now i think it's going to go higher but here's the monitor tab showing the actual trades today and you can see the profit and loss since i started this account and the commissions which are high because i did a lot of latency tests and i've done a lot of things that would kind of like mimic what a new trader would do once they get into live fun training